Online Forex Trading Course

Online Forex Trading Course


#238: How To Trade and Travel

August 20, 2017

Podcast:

How To Trade and Travel
In this weekly video:
00:20 – Trading from Wanaka, New Zealand
01:18 – Made +1.55% in 2 days by trading and 20 minutes
02:10 – Trading and travelling – using Daily charts
03:33 – Make money and travelling without watching charts all day
04:43 – Learning how to trade by yourself
05:10 – Google “Dusky Sound, New Zealand”
Would you like to trade and travel at the same time? It's the ultimate goal for many traders. If that's you, you have to listen to this video, check it out.
Trading from Wanaka, New Zealand
Hi Forex traders, Andrew Mitchem here, The Forex Trading Coach video and podcast number 238, coming to you from the beautiful, absolutely stunning Wanaka in the South Island of New Zealand. Absolutely amazing place here. If you've not been here just check out the scenery behind me. Absolutely spectacular. Well why am I here? Well yesterday I was absolutely thrilled and honoured and privileged to be able to fly a friend's helicopter all the way to a place called Dusky Sound, which is absolute wilderness, completely remote part of New Zealand that very few people have been to.
Actually Captain Cook's first landing place in New Zealand. Absolutely wonderful place. I got to fly the helicopter in and back out again. We spent the day fishing, caught some amazing fish, blue cod, ate some of them, still have some to eat for today. Just absolutely incredible.
Made +1.55% in 2 days by trading and 20 minutes
Why am I telling you this? Well one, I want you to come to New Zealand and have a look at this, why wouldn't you? Number two, at the same time, and today's Wednesday, I usually make my videos and podcasts on a Friday, but I had to share with you this amazing scenery.
Today's Wednesday, so on Monday and Tuesday, I've just traded ten minutes on each day and that's it and already with half percent risk per trade I'm up 1.55 percent on my account. That's just 20 minutes so far this week, 1.55 percent. It's just crazy. If you wanted to say, risk one percent per trade you'd be up what's that, 3.1 percent in two days and it can be done just by trading daily charts once a day.
Trading and travelling – using Daily charts
If trading and travelling is your ultimate goal, then you need to jump on board with this, you need to start looking at these longer timeframe charts.
Now the trades that I've mentioned, they've all been posted on my website as well, for my clients, so every client would be up the same, just by copying. That's it, of course you can still take trades yourselves and exactly like I mentioned on last week's same video and podcast, go and check it out, number 237 (watch it here), about why would you trade the shorter timeframe charts? It kind of doesn't make sense because people who want to trade and travel, you see all these funny images online of these beautiful women sat there in a bikini on the beach on a deck chair with their laptop, pretending that they're trading.
Well, if I was sat on a beach, the last thing I'd want to do is think about trading. Number one, you're going to get sand in your laptop so that's the end of the laptop, but you know, more realistically why would you be sat there on a beach trading? That basically says to me that these people who are talking about doing this, they're selling this ideal image, they're promoting you sat there trading five and fifteen minute charts, which to me is just like crazy. Why would you?
Make money and travelling without watching charts all day
If you want to be able to realistically trade and travel at the same time, then you need to be able to go and do things like this. Just look at it, it's spectacular.