Podcast:

In this video:

00:28 A great learning tool to becoming a successful Forex trader

02:02 What makes Andrew Mitchem’s webinars different?

03:06 Learning and getting inside the mindset of a professional trader

06:04 Taking trades live in front of people

Why live trading room webinars are such an important part of learning how to become a successful Forex trader

I want to share with you why attending a live trading room webinar is such an important part of becoming a successful Forex trader especially when you’re learning how to trade.

Let me tell you more right now.

Hi, this is Andrew Mitchem here the Forex Trading Coach today is Friday the 1st of November. I want to talk about live trading room webinars. It’s something that I offer my clients and it’s something I believe is so important and such a great learning tool to help you becoming a successful Forex trader. I want to tell you a few reasons why because really in my opinion there’s no better way of learning. Like I offer a video course and also live tuition and all of that is fantastic and it’s a great way to learn the basics.

But attending a live trading room webinar is something that’s a little bit different. It’s a step above everything else. But it’s important to have the right kind of webinar as well.  I mean all sorts of people offer webinars online and most of them are completely useless and boring and don’t really tell you anything.

What makes Andrew Mitchem’s live trading room webinars different

What I offer for my clients is a live trading room session and I want to tell you a little bit about that. To let you know how it can help you.  You see I hold these sessions every two weeks. They’re live. They’re in the European session. I have up to a hundred clients can attend those webinars. They’re all recorded so they can be viewed at a later date.  But the important thing is that with trading live, I trade all my charts here behind me on live accounts using the software that my clients have. And we’re talking about trading in real time. That’s the important thing. We’re looking at the right hand side of the chart. Looking at what’s happening right now. There’s no hindsight involved. There’s no cherry picking the best trades. If they’re good winning trades, they look good. If there’s losing trades, there’s losing trades. It’s part of trading. And you can’t get away from that.

But it’s also important and one thing that I believe makes my webinars different to most others is, I show my account. I show my account historical trades and I show my account live. I show taking the trades live. I’m not saying “Oh, I’m just taking a trade on the Euro/USD selling at blah, blah, blah price.”  I don’t do that. “Oh I’ve just closed part of my trade.” I don’t do that.  I show the trade being taken live. You can see me taking the trade on my account. You can see the position size. You can see the entry price. You can see me enter my stop/loss, my profit target. You can watch the trade progress. You can see trades that I’ve got already open when the webinar starts and you can see all of the trades that I take during the session.

Learning and getting inside the mindset of a professional trader

The important thing is, one of many, one proves that I’m taking the trades and in real time and that helps you to learn because we’re discussing the trades set up. We’re scanning through the charts. Looking at different time frame charts. Looking for good set ups. So, for your point of view, it helps you to learn and get inside the mindset of a professional trader.  What I’m looking at and why I’m looking at taking this trade or not taking this trade. You know I’ll go through and say look I really love to look up at se...