Forex Basics for Beginners Part three: Dangers & pitfalls for the new forex trader to avoid.







In this private group video I instruct all my newbie roomies about a good many things to watch out for as a new trader. Chock full of valuable nuggets of advice. I am sure you will glean some good things from it. Want to trade with me live every day? http://michaelstorm.org/trading learn and trade with one of the most experienced forex traders in the world. 18 years experience

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13 thoughts on “Forex Basics for Beginners Part three: Dangers & pitfalls for the new forex trader to avoid.”

  • If you would like to trade with me and my team live every day check us out: http://michaelstorm.org/trading In our live trade room you can see my screens and trades, hear my voice explaining the trades, why and at what price… targets, exits, management etc. Get access to the entire vault of videos (50 in all) others have paid thousand for. Free. Ask questions and get instant answers. Trade with one of the longest running most experienced forex traders in the world. One who keeps his fingers on the pulse of the market all day and night. 8 monitors and 40 pairs. Forex, gold, oil, stock markets of the world. Or follow me on twitter for daily insights: https://twitter.com/forexassassins

  • Hi michael,thx for your explaination about MM role business.Its really help for my trading learning curve.I hope someday i will join your membership. Finally i find some one which can explain the real forex market mechanism work. I have a question,can we apply this with supply and demand? Iam not using any indicator. Thx

  • As a noob myself the best approach I have found is not having any indicators only using S + R lines Trend lines Fibonacci and good old price action from a top down approach see where market sentiment is look for the right signals from price action and if it is red or green on a weekly candle you know it is bullish or bearish any way I am doing so much better waiting for the right signals patience and discipline and omg it has made the world of difference! Honest I believe all these bells and wissels are there to distract you, not saying they do not work but for me right know they do nothing for me!

  • OMG! I wish I saw this 3 month ago! Every word you said in the video hits me hard, pretty much describe my experience last 4 months. It makes so much sense, in order to go through all your videos ASAP, I put it on 1.5X speed, you sound funny but I can get more information in the shortest amount of time. Thank you very much for put it online! Question: sounds like this is a private group training recording, is the group training still running? How can I join the training if it is? If not, do you have any other material other than the videos on youtube? Thanks again for the great content!

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