#482: Don’t Race to Get Rich through Trading

Don’t Race to Get Rich through Trading  Podcast: Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course #482:Don’t Race to Get Rich through Trading In this video: 00:28 – Take your time when learning to trade 01:33 – How I can help you 02:06 – Trading with low risk per trade 03:00 – Controlling your heart and your head 03:17 – Client makes +60% in 6 weeks 04:47 – Check out Blueberry Markets 05:16 – Today’s lessons 05:37 – Like & Subscribe Hey traders. Don't race to get rich through trading. It's likely to end in tears. Let me explain exactly what I mean through my 18 years of knowledge and experience to help you right now. Hey there, traders. Andrew Mitchem here at the Forex Trading Coach with video and podcast number 482. Take your time when learning to trade Came outside this afternoon, beautiful afternoon. And I wanted to talk about why you should not race to get rich through trading. You see, people get into trading and they think it's going to be easy. They think they're going to become super rich really, really quickly without too much thought or too much effort. And look, you can't blame people for thinking that. I did exactly the same. Give you a bit of a kind of funny story. 17, 18 years ago, I was pushing kids around in prams, push chairs, or walking the dog and not really being in the moment, and instead my head was in the how much money am I going to make through my trading kind of space. And I would be forever calculating while I was walking. Go, okay, so I start with 10,000 and then I double that, that'd be 20, and I'd double that. That'd be 40, and I'd double, that'd be 80. And I was trying to sort of figure out if I'm doubling my money every sort of month, how long it would take me to get to these magic high numbers. And it's a mistake that so many people go through. And like I said, I really don't blame you if you are going through that or have done that because it's exactly what I did myself. How I can help you But what I'm here to help you with is now after some 17, 18 years of trading full time, in fact coming up near 19 now of trading full time, I can offer you knowledge, experience, bit of wisdom to help shortcut things for you. And that's what we do at the Forex Trading Coach. It's not only about the course, and the strategy, which of course work, it's about the realities of trading. And yes, you can do really, really, really well from your trading, and I'm going to share with you a testimonial that I received just yesterday shortly, but it's about the realities. Trading with low risk per trade And I quite often get asked by people saying, "Andrew, look, how can I make money when you only say trade half of 1% risk per trade?" And you got to remember, that's not me saying you should trade half of 1%. That's what I'm saying that suits me. And from my years of experience and knowledge, I find it a really good number. Now, if you want to go and trade 2, 3, 5, 10% per trade, go for it. It's your money after all. I'm not here to say you have to do this. I'm here to say, if you want my help and knowledge, these are my suggestions. And I've always sort of used that figure because I find personally that figure is a really good low risk figure. And when you look at prop firms around the world now, which by the way is a really good way for people to make money, once they know what they're doing,