Why does the market always go the opposite direction to my trade?” with FX Coach Andrew Mitchem

https://theforextradingcoach.com – Episode 246: Why does the market always go the opposite direction to my trade?” with FX Coach Andrew Mitchem

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In this video:
00:23 – The traders’ problem
00:41 – Trade what you see and not what you think
01.35 – Information overload and confusion
02:21 – The charts tell me where the market is moving – 2 trade examples
02:58 – Trade makes 3.2:1 reward:risk in 5 hours on a live webinar – here are the trade results https://www.screencast.com/t/s2oFlIneC
03:37 – Fundamental news is trading what you think

068: A Forex Scalper’s Trading Tips To Trade The Market Everyday – Jean-François Boucher

Show notes: www.desiretotrade.com/jean-francois-boucher/

In episode 68 of the Desire To Trade Podcast, I interview Jean-François Boucher, a Forex scalper located in Jasper, Alberta who loves to help and provide trading tips for people looking to trade every day and scalp the Forex market. Jean-François started to trade stocks in the 90s as he worked for IBM. After losing countless amounts of money in options, he discovered the Forex market.

What I particularly like about Jean-François is his down-to-earth approach to trading. As a matter of fact, he knows there are no tricks to succeed quickly in trading. You must put in the work.

He also mentions a crucial fact, that is, risking 1% per trades allows you to come back. While we often see people risking way more than that, Jean-François’ advice is still very important. You can’t expect to increase your risk too high and stay in the game of trading for very long. As traders, we are professional losers, so we better account for that.

Jean-François says: “it always starts small”, and that is the mindset you need to have if you want to see progress without blowing up countless trading accounts.

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If you truly want to succeed in Forex trading, you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you’re good at.

Disclaimer: This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

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For a lot of article and tips that will help you become the best trader you can be: http://www.desiretotrade.com

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