How I Would Learn To Trade Forex (If I Could Start Over)
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- čas přidán 12. 06. 2024
- In this video, I will share my journey and the strategies I would adopt if I were to start over in the exciting world of Forex trading. Whether you're a novice or an experienced trader, my insights will help you navigate the market with confidence.
Throughout my decade-long career as a Forex trader, I've encountered ups and downs, learned from my mistakes, and honed my skills. Now, I'm passing on my hard-earned knowledge to help you avoid common pitfalls and fast-track your success. Learn from my experiences and take your trading to new heights.
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Past performance is not indicative of future results. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
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#daytrading #forextrading #beginnerguide #howtodaytrade #howtofindtrade - Zábava
Lol I would have gone under the guidance of an industry expert much sooner. So far I’ve had eleven months of consistent profits without incurring problems. Great Video by the way!
Great job! Are you a day trader or swing trader?
Trust me, I have no idea how my trader come up with the strategies she come up with but I’m still making money from forex and stock just conservatively following her plays.
@@LiquidityOcelot
Your consistency is amazing!
Hope you don’t mind me asking but who’s your trader, and how does she operate? Would you be comfortable sharing?
I’d appreciate that too! I’m currently in my 2nd year but still I’m inconsistent.
Trust me trading is not rocket science with an expert! I’m opportune to have help from Christine Mila, a FINRA-certified pro trader. She engages in fx, stocks, and even the crypto market on my behalf making me good gains on my investments buying and selling.
I feel lucky that an actual pro, institutional trader is sharing skills and experience.. thanks so much 👏
You're too sweet
Thanks for the shout out Kathy! Great video.
Love your stuff @adambutton1459 Every trader should be looking at @forexlive
Great video, couldn't agree more on all the points.
Always a fan of you as well @forexlive
Nice. Very helpful video!
Thank you. - BC
Excellent beginner's overview done in a comprehensive & succinct matter in under 8 minutes. :)
Glad you enjoyed it!
Your videos and your updates on twitter (X) have been such a guiding force in my trading journey. Thank you for everything❤❤❤
That’s really sweet I am glad to see my work is helping others
Thank you for sharing, the video was informative.
Thanks for taking the time to send me feedback!
Kathy, you blew it outta the park! 😀 Great video, keep'em coming!!!
I really appreciate this feedback!! Thanks
@@BKForex YW!!!
kathy , very helpful video , thank you very much , god bless you😀
You’re welcome!
Fantastic, thank you very much, really good stuff.
Short but jammed pack. Hope you found it valuable!
Helps a great deal, I have to set a foundation and this info is excellent.@@BKForex
Useful!
Glad you think so!
To be honest. I use more than 3 indicators divided in 2 timeframes. However i don't use standard classic indicators. I am looking for information. I use indicators that plot support and resistance without having to draw them by myself. I use currency meter to instantly find out wich currency is stronger or weaker and lastly i use volume analysis indicators and one multiindicator that analyzes smaller timeframe. The problem with me now is lack of patience and emotional discipline along with better money management. Those indicators are not confusing to me. They just give me instant information. I work outside so i do everything on mobile. I would like to see Kathy's viewpoint.
A lot to think about here. I love that you use currency meters which is momentum sentiment gages. Multiple time frame analysis is always. Good
Your videos are more i,,,,,better and better 👏👏
Thank you so much 😀
Amazing vid like always! I use RSI, MACD and exponencial moving avarages
Great combination! EMAs are great! What time frame do you trade?
@@BKForex I trade the 5 and 15min chart. Looking for trends and the bigger picture on the 1h and daily
I love your teaching, i want to learn how to trade
Check out the other videos on my channel
Kathy! I loved this Vod! it's the best 7min summary and tips for how I can become a master trader and share with my close ones. I especially love the last point, best offence is a great defense, learning to protect the profits and and capital from that 1 trade to blow up your account, we've all done that heh 😢, All I hear now is, you can't get rich off one trade, but u can go broke 😂, best to leave room to survive to trade another day ...
I'm soo glad I found you! Hope to be trading with you and collab one day once I make it as a trader as well! still learning from your vod's and definitely love your Discord channel [ still unverified for now but that'll change, maybe after today's CPI roller coaster ride heh ]
btw, I enjoy your summaries in the morning, it's become something I look forward to when I wake up so it's very much appreciated... definitely helps with market sentiment understanding and feels like an online version of a team huddle going over the game plan 🤓 😂
Thank you for taking the time to write me such thoughtful feedback. What country are you trading from?
Thanks Kathy for all your videos have very helpful. I would quit trading if not for people like in this career, especially now that a lot of Africans are coming in to trade. Thank you ones gain from Nigeria.
Glad to hear I can help! Do you have a trading community in Nigeria?
RESPECT & THANKS Kathy🍀🙏 Humility of reminding basic foundations from ground up. Not superficial "get it quick fix". The Best of any endeavours have the solid foothold before climbing higher.
1. MACD 2. MA 3.ATR on chart . (Basics of trading from documenting to fundamentals apply)
other economic, technical indicators are separate study platform; tradingview, daily fx, forexfactory, tradingeconomics, cftc ( i touched bit on COT as ref) There are many similar distractions, but streamlining is important, keep those "extras" on weekend spare times AFTER the main task is complete.
I pruned mental noise until it becomes nature like driving (effectively)
Study (weekends and rest are precious) mentioning the professionals who also teach proper.
Add: it was mentioned that the likes of major institutions etc; also use 3 in their own way. Proprietary and otherwise. No professionals focus on indicators, we look at the bigger road map and not at the speedometer while driving.
This is good we’ll thought out stuff. Great job
2 EMA’s and Stochastic, that’s it, trending lines and horizontals, with price action!
Love that!
Hi. What is the win rate and risk to reward like for using ZIP?
I have the double Bollinger bands, ADX and the FX sessions on my charts. Newbie here😉
Awesome! Great start
Great as always. One quesitos Do you are using the doble billones band strategy (1 and 2 standard devuatios) until this date. Tks if you could answer
Yes I still use them!
@@BKForex So when u aren't using ZIP, when do u use the DOuble BBs? Thanks
Is the step 3 strategy really work?
Thank you Katie but I have a question. You said we set goals and realistic expectation so what's your monthly target in terms of percentage and how many % do you risk in a trade
100 Pips is basically 1% week target 4% monthly target 40% annual with no leverage
Thanks Katie cause I just blew up my account though I'm upset but I'm not upset...I wanted to double the balance in a month...thanks you very much
HI Kathy, thanks for the video, easy and simple but not easy for who just start without a leader like u, any free test for Zip trading for a Vietnamese Canadian trader from Canada :)
Hi, thank you for the informative video. I couldn't find the zip strategy indicator through the link as mentioned by you. It directs me to Eightcap broker. Can you please tell me if I am making some mistake?
This is a members only indicator 👉 bit.ly/3xiLd8D
I have a daily pivot indicator from my broker, which includes S & R1,2,3. I have noticed that the price often goes to the P, and moves to R or S1. Would you help with a strategy using this indicator?
I'll have to look into it. I dont really use Pivots
I don’t use any indicators
mmkay...firstly look for a minor correction AGAINST the trend...to see if it will turn around and continue the overall trend, use limit order...scalper...that's me...haa. Try using a line graph instead of candles...look at it as you would as a MA...lay Average Price Bars or Heiken Ashi on top...I also add a FAST MA, such a Hull or ALMA, obviously mind your level and support/resistance, bear in mind you mostly get pips between 20 and 80 ans 80 and 20 on shorts, also I'm looking at 1H TF overall and 15M TF to refine my entry...sentiment?...not that much I trade the chart, Good luck!
Great tips as well!
My problem is that I always underestimate the length or strength of the trend, thinking tha tit is finishing, and I missout on trend continuation trades.
Yes trends can last much longer than people can anticipate
I only use price action, fundamental analysis and market sentiments. However, i do not have any idea how to have a proper risk management because i keep losing my profits 😅
Risk management sounds like a good video topic suggestion. Will add to my list
@@BKForex i also suggest on learning how to effectively use CFTC reports(if you use this indicator)
Do you provide signals
Yes at bkforex.com
👍 👍 👍! 😄
So many indicators
Why is the man siting down and the woman standing with her arm on his shoulder in the thumbnail, very Edwardian 🤔
Hello madm .. I m from Pakistan and I can't understand English so much please I am a biggner in this platform please help me I she'll be very thank full to after Allah
what are the books behind you?
Good question! Those are translated versions of my book Day Trading & Swing Trading the Currency market
@@BKForex Any plans to update your book and make it available in 2024?
Ok I want you to teach me how to make a trade successful without lost
Become a member of our trading community! Here's the link to our free discord
bkforex.com/discord
I have watched this video and I have to ask,sorry. You said you learned to trade at the age of 18 bit it took you 10 + years to master you simple strategy as you say.Then you say we need to look at market sentiment and situation in the world plus all the big news and everything that can effect the price . This what you are saying to us takes 10-15 years to learn and master ,recognise and have confidence and still you didn't took in the account timing or just LUCK Factor as it plays a huge roll. It's a good video but it's basically a lifetime of work and learning like any other high skill profession.
no indicator for me just pure price action trader
That works too! Boris trades price
None
Hello Kathy. I need a job from trading firm in United States.
Help a brother
Try linkedin or one of the prop trading firms
Mày quên không khoe nhà khoe xe
Plz speak slow.
Please turn on subtitles that wilt help yuou a lot
None
@@WHATSPPME971 mumu