You cannot become a Doctor from reading an e-book

Podcast:

#384: You cannot become a Doctor from reading an e-book

In this video:

00:26 – A new review on Forex Peace Army

01:25 – A trader’s journey

02:15 – Trading is limitless

02:40 – Making 10% gain per month

03:03 – Why traders fail

04:10 – Trading can be lonely

05:03 – Have a look at the review

You cannot become a doctor just by reading an e-book, so how do you think trading's going to be any different? Let's talk about that and more right now.

Hey, Forex traders, Andrew Mitchem here, the owner of the Forex Training Coach with video and podcast number 384.

A new review on Forex Peace Army

I want to talk about a review that I've just received on the Forex Peace Army website by a client of mine over in Germany called Simsek. Now, Simsek has written a review, his third review on Forex Peace Army, and it's been 10 months since he posted his last review. I'd really urge you to go and have a look at it. It's a very long, detailed, comprehensive explanation about his whole trading experience, and I know that you will find something in that that will resonate with you and something that will really help you. You see, what I love about the review is it's honest and it gives his whole detailed explanation of where he's come from, what he's done and what he's currently doing now.

I'm going to put a link to the Forex Peace Army review site on this post, underneath this video.

A trader’s journey

What Simsek has done, which is so cool, is he said about the trials that he faced when he was looking around trying to become a trader, and he said that he looked everywhere. He's been on all sorts of different systems and e-books and things like that, and bought indicators looking for that magic holy grail, like everybody wants, do it for me, make it easy system. He realised it wasn't there. It just doesn't exist.

But what he's done, since he's joined us, is he's put in time, effort, some hard work, some dedication and he's getting results. Like I said, it's the third review, so you can go back and look at his other two reviews back into 2019, and now see this latest one in mid September, 2020.

Trading is limitless

He's also posted on there to say that trading is limitless, and he's absolutely right. Trading is like no other job or anything out there, and that once you know how to do it, your income is only really dictated by the size of your account.

But to start with, you've got to learn how to do things properly, and that's where he's at right now. In fact.

Making 10% gain per month

What he said is, in the last 10 months, since his previous review, he's made on average 10% per month. He's also said he's only had three or four losing weeks in that time. He's mostly been trading one-hour charts and know due to other things that he has in his life, he's developed into the longer timeframe charts, like the four, six, eight, twelve, and daily charts.

Why traders fail

But what he's also done in that post is he's put in there about why people fail. Go and have a read of it. Like I said, it's really, really valuable information.

Now, if you've struggled through your trading, you're going to find something he's written in there is exactly what you've gone and done. It's about not sticking to the system about, sort of failing to have dedication, all those type of things. He also mentions, which is a very valuable point and I've said this before on previous videos and podcast here, is he's talked about what I provide, the strategy, the support with people around the world, the indicators, the daily trades, live webinars, forums, all those things. But what he said, for him, that's so valuable is that community support. To be on board with a group of like-minded people all around the world, all trading the same strategy, it's the same system, all there together, helping people out live,