If I Could Begin Again| My Journey And How To Approach Learning Forex Trading

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Previous Episode: https://www.youtube.com/watch?v=TSWOUhnF6Ko

Hi,

My name is Todd Lewendon and I mostly trade FOREX (euro us) and indices.

Today i am sharing with you how i would approach forex trading today based on trading journey, all the valuable lessons i learnt.

1 - You need to embrace education and research as a whole. There is no substitute. (books, seminars, webinars, travelling to public meetings..etc..)
2 - Finding a mentor (who makes money) or joining a community
3 - Start with a demo account for a little bit (see previous video)
4 - Create your well defined trading plan (goals, tolerance, trading style..etc..)
5 -Money management strategy (how many losses can you take?)
6 - Refrain from making any impulsive decision
7 - risk management as a whole (protect your capital)
8 - trade on time base scenario, define time windows depending which market you follow
9 - scale up your trading, move to prop accounts (see previous video)

DISCLAIMER:
I am not a registered financial adviser. Everything that is provided in this video is purely for educational purposes only. Do not invest money you cannot afford to lose