In this video:

What are you going to do to ensure that 2020 becomes a fantastic year for you as a Forex trader? Let’s talk about that and more right now.

Hey traders, it’s Andrew Mitchem here at the Forex Trading Coach with video and podcast number 348. And happy new year to you.

This is the first video and podcast into 2020. I hope you had a fantastic Christmas and also just a great new year.

What can you learn from your trading in 2019?

Now, moving into trading, what is it that you did in 2019 that you kind of regret? What is it that you did that was good? Have you taken some time to analyse your performance of last year? Have you taken time to go through the charts, look at the setups that you took, ones that worked, ones that didn’t work, and basically go through and create yourself a plan so that this year, 2020 is going to become a great year for you?

We start trading on 13th January and have our trading plan ready

Now, of course, nobody knows what the market’s going to do as we head into this new year, but we’re starting trading next week on the 13th of January, which would be the day that you get this video on podcast. That’s our first day of our daily trades. Now, we all have a plan of what we’re doing heading into the next trading year.

Daily trades made +23.87% gain in 2019

We’ve analysed what we’ve done last year, and by the way, our daily trades that we post for our members made 23.87% for 2019 by risking just half of 1% per trade. So very, very low risk. Our biggest month I think was about a 1.6, or 1.8 I think it was, percent losing month. So very, very low draw down, high consistent returns. Just one timeframe I’m talking about there. Of course, we trade different time frames as well. We post on our membership site about the monthly and the weekly timeframes and on our forum site, on our forum site that we publish trades.

So do other clients of different timeframe charts, trades that we’re looking at. And on our live webinars, we trade anything from a 15 minute chart through to a 12 hour chart depending on the timeframe that’s showing the right setup at the right time.

We know what works and what doesn’t work

But we have our plan, we have our trade setups in mind, we know what we’re looking for, we know what works, we know what doesn’t work. We know about reversal trades, they look really good on the charts, but we also know that continuation trades look not quite so dramatic on your charts, but they have such a high probability chance of being profitable. So I personally much prefer continuation trades because it means I’m trading with the main trend, but after a pullback. And so, for me, I’d always put a higher emphasis on a continuation trade than I would on a reversal trade.

But it’s having things like that in mind. When are you going to trade? What days of the week? What times are you trading? We only trade on the close of a candle.

We promote low chart watching times

And I think that’s really important because, for me, we advocate and we promote living. Look at the view me, if you’re watching the video. We’re out here trying to do things outside, trading 30 minutes once a day, and that’s it. You do not need to sit at your charts watching five minute charts moving up and down all day. You can, if you really, really want to, but I can promise you that you’re not going to be doing that in a year’s time because you’re going to be burned out. Trading and good trading is about having consistency. It’s about understanding what you’re doing. It’s about having low risk and it’s trading on the close of a candle, knowing what you’re looking for, and being able to do this all the time.

Day after day, week after week, month after month, and for us now, year after year. I’ve been trading for 16 years now full time and teaching for almost 11 this coming May. And we’re still doing it and we’re still loving it because we trade well. We are profitable.

Daily trades have been profitable every year since 2010

By the way, our daily trades have been profitable every year since 2010 when I started posting them on our membership site. Every single year without fail we have made money for our clients just copying the daily trades. And, of course, it’s the earn while you learn type of theory going on there as well. So it’s what are you going to do to make 2020 the year that works for you?

Split payment options for you – Our 3 Day Sale this week

If you’d like to join us, over Christmas and new year, I’ve had a lot of emails saying, “Andrew, look, love what you’re doing but can you do some split payments?” Because normally our course is just a one-off fee.

And so what I’m going to be doing between the 15th and the 18th of January, so the week that you get this video, for three days only, we’re going to be offering you three great ways of joining us here at the Forex trading Coach and to take advantage of right now at the beginning of the year and having the full year to trade with us and beyond. What better way for you to start trading? Three excellent ways to join. Two of them will be split payment options. So for those of you that have been asking me about, can we split payments and pay in monthly installments or quarterly installments? This is exactly what you need.

A performance based guarantee

The third option, I’m going to be doing something that no one else that I know of offers in the Forex market and that is we’re going to be giving you a performance based guarantee.

So if our daily trades don’t make a 20% return for you over the next 12 months or more, then we’re going to give you a full money back, no questions, money-back guarantee. The full course fee paid back to you. So that’s the third option there on our three-day sale that’s starting next week, 15th to the 18th of January. No one else does that, that I know of. So we’re basically putting our money where our mouth is. Basically, we’re saying, “Look, we will make a 20% return with a higher percent risk per trade on our daily trades over the next 12 months or more. And if we don’t, we’re going to refund you the entire course fee. No questions asked.” You get to keep all the software, the knowledge, and everything, but also you get the course back. So we try to be fair, which we’re real traders, we’re doing everything we can to help you.

Register your interest for the sale

So if you’d like to take advantage of that, what I suggest you do is you’ll find somewhere on this page a link to register your interest for the sale. Like I said, it’s going to last for three days and that’s it. Once it’s over, it’s over, and then the course is back to the normal one off payment. So that’s it for the course. That’s it for the video.

Make 2020 a great trading year for you, not just an average one, but a great trading year for you. If you need our help with that, if you’d like our help, if you’d like to be part of the amazing team and amazing group of traders that we have from all around the world, you know where to find us, you know what to do.

Thanks again and hope to see you on the membership site really shortly. Bye for now.