Is the TFTC Program suitable for New Traders?

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#465: Is the TFTC Program suitable for New Traders?

In this video:

00:26 – Is the TFTC Course suitable for new traders?

01:36 – Being new is a good thing

02:32 – More experienced traders are harder to un-teach

03:06 – You’ll spend so much wasted time learning by yourself

04:13 – Invest in yourself at the beginning

05:55 – 5 trades taken on our live weekly webinar

07:10 – Take a look at Blueberry Markets

08:37 – Give yourself the best shot at making trading work for you

Would our forest coaching programme be suitable for you if you are brand new to trading and you've never traded before, let's get into that more right now.

Hey traders. It is Andrew Mitchem here, the owner of the Forex Trading Coach with the video and podcast number 466.

Is the TFTC Course suitable for new traders?

Now I've been asked recently by quite a number of people by email and in person here in Nelson about learning how to trade, and a concern that so many people have is that they're brand new to trading. They know nothing about it, and they want to know how to take the next step. But there's so much going on in their mind, like where do you trade through? Who do you put your money with? Is it us? Is it with someone else? How safe are those funds? How do you play to trade? What is it that you're actually doing? Is it like stocks and shares? Am I buying crypto?

All these different things that people have going on in their mind, and it becomes like information overload. And it's like anything new, you need to find a source where someone can hand hold you and take you through the suggested steps to make that process easier for you. And it is quite a straightforward, easy process. It's just that if you don't know where to start, it all becomes a little bit too much and you have too many questions. So therefore, it becomes too hard, so you don't do it.

Being new is a good thing

Now, absolutely if you are brand new, you've never traded, but you've heard about trading. We can definitely help you 100%. Absolutely. We are the right place for you to come to, because we can take you through that step-by-step process. We can suggest some brokers to you, show you how to start on a demo account. What type of platform to look for, how to place your trades, let you know about what it is you're actually doing. What markets are you trading, what's the actual process, why are you buying or selling currency pairs together? You know, what is it that you're doing.

And all that is before you actually start the strategy and the understanding, which is the main part of what we teach. But in my opinion, I think that if you are brand new to trading, you've never really traded before. You might have had a bit of a play on a demo possibly, I think you're actually in the best position to make this work for you.

More experienced traders are harder to un-teach

Now, sure, it may take a little bit longer, like anything new but if you come to us and you've been trading for quite a while and you keep jumping system to system and you're on this forum and that forum, and then this EA and then this indicator, those type of people become harder to teach because they've got so many bad preconceived ideas from other strategies and other systems. Whereas if you are new, you don't really know anything. And so what we teach you is all you need to know, and you are learning exactly what you need to know in the right order. And from your point of view, that makes things so much easier because

You’ll spend so much wasted time learning by yourself

I can guarantee you that if you don't find yourself a good strategy, good mentor, good programme, you'll pretty much guarantee to spend several years going round in circles.

How do I know that? Well, I hear it all the time and I have done that exa...