Andrew’s Forex Trading Tips
In case you didn’t know, our Income Mentor Box Academy is lead by none other than Andrew. A. himself. Sure, Income Mentor Box is by far the best way to get a comprehensive day trading education, but it’s not the only resource at your disposal. Our leader, Andrew, also has a great YouTube channel under the name “Andrew’s Trading Channel”. Here, Andy provides near daily Forex trading tips videos, some of the best around.
If you go to Andrew’s Trading Chanel, you will see that he has uploaded literally hundreds of videos, and they’re all about trading tips, strategies, and so much more. Yes, to get the full Forex trading education experience, Income Mentor Box is the place to be.
However, Andy’s channel makes for a great resource to get specific tips, ideas, and strategies too. As far as we are concerned, Andrew’s Forex trading tips are some of the most valuable pieces of information around. Today we want to take a look at some of his latest ideas, strategies, and more, all of which are designed to make you a better day trader.
Andrew’s Latest Forex Trading Tips, Strategies, & More
Right now, we want to take a look at some of Andrew’s newest Forex trading tips and strategies videos, just to give you a good idea of what he has to offer you on a daily basis. These are some of the most valuable pieces of trading education around, and with these, you can complete your arsenal to become one of the best Forex traders in the world.
7 Ways to Save Your Forex Trading Account
The fact of the matter is that Forex trading is not easy. It does take a lot of skill and knowledge. If you are a newbie, you may lose a lot of trades in the beginning, and yes, this means losing a lot of money.
If you have been losing trades and hemorrhaging money, you are probably in dire straights, with not much room before you break.
However, in this particular Forex trading tips video, Andrew provides you with 7 really clever solution to save your trading account, to stop yourself from bottoming out and going bankrupt. These are valuable tips that can bring you back from the brink of destruction and put you back on a clear path to success.
Best RSI Forex Strategy
When it comes to some of Andrew’s best Forex trading tips and strategies lessons, this one about using the RSI indicator can be very helpful. The RSI or relative strength index is a great way to determine the strength and direction of a price.
When it comes down to it, this is one of the most valuable technical indicators in FX trading, and you definitely need to know how to use it.
In this particular tutorial, Andy goes through a rough explanation of what the RSI indicator is, what it does, and he also talks about one of his most successful RSI trading strategies. If you follow along closely, you can learn this strategy in great detail and start using it to make some serious profits.
Gold Scalping Master Strategy
One of our personal favorite Forex trading tips and strategies videos which Andrew released within the last week has to be this gold scaping master strategy. This tutorial, for the most part, involves trading gold and the USD.
As you may know, gold and the United States Dollar have an inverse relationship, which means that when the value of one goes up, the value of the other goes down, and vice versa. This makes it a perfect candidate for Forex trading.
Moreover, scalping can be very profitable as well, which is why it has been incorporated into this tutorial. Here, you will learn how to execute small and short scalping trades pitting the USD and gold against each other. If you follow along closely and master this strategy, you can easily make hundreds if not thousands of dollars in profits per day.
Best 15 Minute Scalping Strategy
If you want to get really serious with Forex trading, then learning how to scalp trades is crucial, which is why this particular Forex trading tips video is one of our favorites right now. This particular video will teach you all about Forex scalping.
For those of you who don’t know, scalping involves placing large quantities of trades, but each trade has a small lot size with minimal investments. This is a great way to diversify your trading, to make sure that trades are not open for too long, and to make healthy profits too. That said, scalping can be difficult, because you are relying on many smaller trades to put money in your pocket.
Here, Andrew teaches you his personal favorite and most successful 15 minute Forex scalping strategies. When it comes to the best Forex trading tips around, mastering this 15 minute scalping strategy can help you make lots of quick profits on a daily basis.
Newbies Losing Money
Here we have another really useful Forex trading tips video, one which is dedicated purely to newbies and beginners. This one is all about teaching newbies how not to lose money. Ok, so that sounds really simple, but the real meat and potatoes of this video is how Andy explains to newbies what should be and should not be done in Forex trading.
The tips he provides here may sound super simple, but they are things that many newbies never think about. If you can closely follow these tips and not stray from your path, making good money in trading becomes much easier.
Newest Forex Trading Tips – Final Thoughts
If you want to become a truly successful Forex trader, we definitely recommend joining our Income Mentor Box Day Trading Academy. However, these Forex trading tips and strategies tutorial from Andrew’s Trading Channel make for great educational resources as well. For the best results, we recommend combining both resources for the ultimate education in trading.