Best Forex Trading Guides for Newbies
If you are new to the world of Forex trading, you might be a little bit intimidated by it all. After all, trading FX currency pairs is not exactly easy, and moreover, there is of course a certain amount of risk involved. It takes quite a bit of practice, skill, knowhow, and patience to be a successful Forex trader. Now, if you are looking to improve your knowledge base and your skills, there are some great Forex trading guides out there for you to follow.
While trading Forex is essentially a solo activity, it does not mean that you have to do it alone, particularly when it comes to the learning process. Learning Forex is made much easier when you have a good teacher, someone who knows what they are talking about, someone who makes learning both fun and easy. Today, we want to show you some of the best Forex trading guide videos around, ones that will teach you the best Forex trading strategies, tips, rules, and more.
Forex Trading Guides at Andrew’s Trading Channel
What we want to make clear here is that all of the Forex trading guides that we will take a look at today come from one specific source, which is Andrew’s Trading Channel. For those of you who don’t know who Andrew is, he is a long time trader who has been in the business for well over a decade.
He is a very experienced and successful Forex, stock, and crypto trader that has managed to build a comfortable life through his expertise as a trader.
Andrew also happens to be the creator and the mentor behind the world renowned Income Mentor Box Day Trading Academy, an amazing Forex trading school. Moreover, Andrew is also the creator of the awesome EA Pip Scalper automated Forex trading bot, one of the highest performing autotraders out there.
When it comes to Andrew’s Trading Channel, this is a YouTube channel, a 100% completely free resource that contains hundreds, if not thousands, of Forex trading guides. This is a great resource for everybody to access, for newbies and for seasoned traders alike, as it features tons of Forex trading guides.
Here you will learn all about the best, fastest, and most profitable Forex trading strategies, you will gain great insights into the market, and you’ll have access to some great money making tips and tricks too. Let’s move on and take a look at some of the great Forex trading guides that can be found on Andrew’s Trading Channel.
The Best Forex Trading Guides on ATC
Let’s take a look at just a few of the thousands of Forex trading guides that Andrew has provided everybody with free of cost.
Best Gold Trading Strategy
If you want to become a pro trader, and if you want to make good money, one of the best Forex trading guides for you to take a look at on Andrew’s Trading Channel is this one, the best gold trading strategy around.
Here, Andrew teaches you how to trade gold against the USD, or in other words, AUX/USD. The fact here is that gold and the USD share an inverse relationship, something that makes trading this pairing quite easy and reliable. In this video guide, Andrew shares his secrets about the best way to trade this pairing.
As you can see from the video below, this particular strategy allowed him to make an ROI of nearly 130%. If you follow his tips and rules on the matter, there is no reason why you cannot do the same.
How to Grow a Small Trading Account
One of the biggest challenges that you face as a newbie trader is that of limited capital. When you first start out in the world of Forex, chances are that you don’t have that much money to start trading with. The rule here is of course that you should only ever trade with money that you can afford to lose.
Never gamble your mortgage payment in Forex, because if you lose it, you will end up in serious trouble. This means that some people may have as little as $100 to start trading with, not a big amount. Now, although it is hard to start with such little money, it is not impossible.
It may take a bit of time to grow that account into something substantial, but it is definitely doable. In this particular Forex trading guide, Andrew shows you exactly how you can start with as little as $100 and grow it to a solid $1,000 in just a few days.
The Ultimate Monthly Trading Plan
When it comes to the best Forex trading guides for newbies, this particular video is one that you need to take a look at. Here, Andrew discusses how to make a monthly trading plan. Of course, having a solid plan and a good trading strategy is half the battle in Forex trading. Here, you will learn what the various components of a monthly trading plan are, so you can make your life easier and more profitable.
Andrew’s Forex Trading Guides – Final Thoughts
The bottom line here is that Andrew’s Trading Channel is hands down one of the very best places for all of the best Forex trading guides around. Here you will learn so many different tips, tricks, strategies, and more, all of which will make you a more successful and profitable Forex trader.
The great part is of course that it’s all 100% free, and that Andrew makes learning easy by explaining things in a way that everybody can understand.
Now, if you are a true newbie to the world of Forex, and you have no clue what is going on, even within these easy video guides, we recommend checking out the Income Mentor Box Day Trading Academy.
This is where you can get a full scale and completely comprehensive Forex trading education. The IMB Academy will provide you with a ground-education that will provide you with the proper knowledge base and foundation that you need to become a successful FX trading machine.
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