What I Learned From 3 Years of Forex Trading

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  • Опубликовано: 31 янв 2020
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    #forex #forextrading #forextrader
    Count
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Комментарии • 109

  • @MichaelBamber
    @MichaelBamber  4 года назад +13

    Welcome to another episode in the #RoadToConsistency Series! In this episode we cover 3 of the things that first come to mind when i think about what i've learnt within my forex trading journey. Enjoy!

    • @vijandakatjizeu2863
      @vijandakatjizeu2863 4 года назад

      Hi...I would like to know your tradingview theme settings.

    • @nagbejrfootballer7284
      @nagbejrfootballer7284 4 года назад

      How can I learn how to trade

    • @Bl00prier
      @Bl00prier 4 года назад

      Thanks for the video. Where could I find the excel template you use in the video ?

  • @williambrooks7389
    @williambrooks7389 4 года назад +1

    It's extremely perfect to trade with well known personality and professionals all thanks to my mentor

    • @ethandouglas2175
      @ethandouglas2175 4 года назад

      I got my profit bro, I really thanks God that I found a real source

  • @pnasty88ful
    @pnasty88ful 4 года назад +10

    your too real bro big ups on the whole fx journey highly inspirational to me

  • @manuelcadau5064
    @manuelcadau5064 4 года назад +2

    Beast!!! Thank you so much for sharing Bamber. You are pure inspiration, please keep doing this!

  • @riohanley3486
    @riohanley3486 4 года назад +2

    Great video brother, keep the content coming, inspiring 👊🏾

  • @legendarypips2831
    @legendarypips2831 4 года назад +8

    Great vedio,i really get inspired nd motivated while watching your vedios....im working on becoming a professional Fx trader the fact tht im only 21 gives me hope nd keeps me focused,surely by the time im in my 30s i would hv reached majority of my goals.
    Keep up the great work making this awsome vedios Brother.

  • @botsfxtraderstv6284
    @botsfxtraderstv6284 4 года назад +1

    Appreciate it 🇧🇼,Salute to you

    • @MichaelBamber
      @MichaelBamber  4 года назад

      Thank you and appreciate you tuning in

  • @j.pierre2548
    @j.pierre2548 4 года назад

    Well said 100% real authentic love your content bro keep up the good work.

  • @user-hn6fi7op2g
    @user-hn6fi7op2g 4 года назад +10

    I’m 17 and spent 4 or 5 months on this and I’ve enjoyed it so much Micheal you’ve helped me so much

    • @matthewespinosa7682
      @matthewespinosa7682 4 года назад +1

      Kaiya same g

    • @user-hn6fi7op2g
      @user-hn6fi7op2g 4 года назад +1

      FortuNe Plaxue how long u Been doing it for bro

    • @Anthony-um6ye
      @Anthony-um6ye 4 года назад

      Same here, been studying the market for about 2 months now

    • @matthewespinosa7682
      @matthewespinosa7682 4 года назад

      Kaiya going on 4 months this month g. I’m seeing some good results

    • @saishpatankar2297
      @saishpatankar2297 4 года назад

      How have you been learning? I'm 19 and I've been looking for a good way to start

  • @ienvysnipes
    @ienvysnipes 4 года назад +1

    I just discovered your channel and i loved the vid, but im in bed watching this with headphones in and the volume all the way up and i did not except that outro song to be like that. It hit me like.. 😵 🥊
    But great stuff i subbed your pretty inspirational

  • @user-hn6fi7op2g
    @user-hn6fi7op2g 4 года назад +18

    Michael not hating at all it was a good video but the background noise in the cafe was really off putting ur silent backgrounds are a lot easier to focus

    • @MichaelBamber
      @MichaelBamber  4 года назад +4

      Apologies for that, in the coffee shop didn't seem that loud it was only in the editing stages i realised how loud it was. Apologies for that.

  • @onkgopotselechaba9706
    @onkgopotselechaba9706 4 года назад

    Michael Bamber, Splendid content as always bruv, I hope this isn't a lot to ask for but would you mind sharing the spreadsheet you use for tracking your performance, I've recently join Falcon and I feel that this type of statistical method to tracking performance would go a long way to assisting me with the my ASR

  • @ChillStudyDate
    @ChillStudyDate 4 года назад

    how do you decide where yoour stop is? or do you have a pre determined risk for eaach trade, if so how much is it?

  • @Amin-bx5ge
    @Amin-bx5ge 4 года назад +2

    Do you look at the news before entering a trade?

  • @rivera9208
    @rivera9208 4 года назад

    Thanks for this video in special.
    Greatings from Perú.

  • @bazzerbeats6928
    @bazzerbeats6928 4 года назад

    Class video as always mate. Is that return spreadsheet available on Falcon? I have never come across it. Cheers :)

    • @k.roberts5863
      @k.roberts5863 4 года назад

      Maybe in the toolbox that isn't out rn

  • @yuanjyechong8834
    @yuanjyechong8834 4 года назад +1

    I picked up good advise from this video

  • @islomsaidalixanov9525
    @islomsaidalixanov9525 4 года назад

    Thanks a lot brother. You are an awesome trader. It pisses me off when "gurus" say, that you can make it in 3 months. While there may be people who can do that, in which i don't believe, it's gonna take a lot longer for people to be profitable trading. Appreciate your honesty.

  • @johanneseichab27
    @johanneseichab27 4 года назад

    Great video

  • @FK-gt4fp
    @FK-gt4fp 4 года назад +1

    Risk to reward is key you can never be right 100% probably 70% if your lucky and a proven strategy all that takes time to develope keep going Michael

  • @evansboro1758
    @evansboro1758 4 года назад

    I love your content. Kindly share your tradingview chart colors orcolors template

  • @princecole3208
    @princecole3208 4 года назад +1

    road to 40k...lets do this for Michael guys..i always love his content...hes the GOAT

    • @hunt1110011
      @hunt1110011 4 года назад

      goat with no proof..lol

    • @princecole3208
      @princecole3208 4 года назад

      @@hunt1110011 but you still watch his videos..lol

    • @hunt1110011
      @hunt1110011 4 года назад

      @@princecole3208 entertainment

  • @romelchowdhury4754
    @romelchowdhury4754 3 года назад

    Learning is the first step.

  • @AkashKumar-wr7fe
    @AkashKumar-wr7fe 2 года назад

    Coffee shop was feeling more like a war room.. 😂.. Nice video thou..

  • @remariodful
    @remariodful 4 года назад

    any chance you have a template for the tracking data @Michel Bamber

  • @ichimokuenbourse-paulpierr7181
    @ichimokuenbourse-paulpierr7181 4 года назад

    Hi ! are you using the free or paid version of tradingview?

  • @xTramZzz
    @xTramZzz 4 года назад +3

    Michael when do you really know you are consistent? after how many months or how do you measure this? Would like to hear from you!

    • @kavishshakdwipee2097
      @kavishshakdwipee2097 4 года назад +1

      I dont know about him but what I feel like you just show up everyday and learn from your mistakes and achievements. Eventually one day you will feel like you making it and keeping it in right track which will give consistency

  • @soulkiller925
    @soulkiller925 4 года назад

    Michael Bamber how many time do you back test a week?

  • @easyfixfx1392
    @easyfixfx1392 4 года назад

    Trade a couple of pairs with moderate (20-30 pip) stops until you’re on the correct end of the trend and then hold long term, losing the first trade or two is good, it gives you direction...the mindset is to cut small losses as quick as possible and hold correctly long term on the Daily. Do not lose and move on to another pair, keep to a few pairs and be on the winning end of them...The KISS theory which means “Keep It Simple Stupid” do not Scalp, trade only on the 4hour or Daily Charts...think about this, if you initially lose 50 pips but end up winning 300pips on a pair, are you profitable? If you are not profitable in trading then you are seriously challenged, this game is simple...the initial money you lose is the money that is giving you direction.

  • @roccobianchi1301
    @roccobianchi1301 4 года назад +9

    Good video Micheal. I’ld be personally watching the New zealand dollar closely tomorrow. I’m hoping it weakens further on the news release.

    • @darceykapnar7186
      @darceykapnar7186 4 года назад +2

      I think it will actually gain strength on the release of the news!

    • @aatamikorhonen2475
      @aatamikorhonen2475 4 года назад

      Darcey Kapnar I’m also believing the kiwi will gain strength tomorrow on the employment news release. The market structure is also showing a buy and my mentor also told me so!

    • @angeliquedestin5778
      @angeliquedestin5778 4 года назад

      Aatami Korhonen Hello 👋 Who’s your mentor? You seem confident about the direction of the news.

    • @carlosdominguez1697
      @carlosdominguez1697 4 года назад

      I really need help in trading. There are a lot of things to learn 😢

    • @aatamikorhonen2475
      @aatamikorhonen2475 4 года назад

      Angelique Destin Stephan Briggs

  • @leokemel3445
    @leokemel3445 4 года назад +1

    Hi Michael, I'm from Argentina. I follow your videos and it motivates me a lot just that I don't understand the language much, I concentrate more on your market analysis that we do very similar, I always wanted to join Falcon Trading Guidance for its simplicity of analysis that fits my strategy but with More quality, therefore, I focus on how they do in technical analysis that they show on screens. Anyway, greetings and successes!

    • @MichaelBamber
      @MichaelBamber  4 года назад

      leo kemel Hey Leo! Love that thank you for sharing! 🙏🏼☺️ & I appreciate you!

  • @KhanhTrader
    @KhanhTrader 4 года назад

    vietnam love michael bamber

  • @TheMisterOSE
    @TheMisterOSE 4 года назад

    Thanks for sharing your thought processes while analyzing the price graph in the coffee shop. However, not being a native speaker of English, I had a lot of trouble following and understanding your narration while in the coffee shop as your voice got lost in the background noise. I suspect I would not have been able to easily follow you even if you had been speaking my language. Turning on the captions helped but at times not that much. So, as a suggestion, please be mindful of getting good sound recording also. Otherwise, I find your videos helpful and inspiring. Much success to you. Thanks.

  • @padicrypton2697
    @padicrypton2697 4 года назад

    finnexus is based on DeFi tech supported by wanchain ecosystem and a great buy Due to the fact that the FNX tokens can be converted to USDT after the sale even if the price drops by 10 times

  • @gedalianiasoff7449
    @gedalianiasoff7449 4 года назад

    ive got into forex around 2 years ago didnt make any majoy profits yet but trying to get there, learned everything i need to just practicing with small acount but if how ever long takes i'll except cause i want to acheive this so badly

  • @shadikordi2149
    @shadikordi2149 4 года назад

    I marked the direction of gold
    🌹🌹🌹

  • @nagbejrfootballer7284
    @nagbejrfootballer7284 4 года назад

    Hello brother how can I Learned how to trade

  • @kanyewestwest8335
    @kanyewestwest8335 4 года назад +5

    Your a demo king bro

  • @jamalomarmahdi3691
    @jamalomarmahdi3691 4 года назад +5

    Congra i from somalia.👏❤

  • @theforextraderevangelist7133
    @theforextraderevangelist7133 4 года назад +1

    In your analysis of the GBP pairs you don’t mention that the UK left the EU after market close and anything could happen with the price of the pound upon open and the days after.

    • @Sven-cw7rn
      @Sven-cw7rn 4 года назад +2

      He's trading structures so news shouldn't be a huge issue. You can see it in the price action.

    • @ImPeRiaLGaming100
      @ImPeRiaLGaming100 4 года назад

      @@Sven-cw7rn With such events, that happen rarely, price action can not be considered reliable. Or are you saying you could've predicted a 300 pip gbpusd landslide on general election? It was all fundamentals, the market literally froze for half an hour and anyone waiting for price action breakout was already late.

    • @Sven-cw7rn
      @Sven-cw7rn 4 года назад

      @@ImPeRiaLGaming100 And chasing news is reliable? It could still have gone either way. Why would you want to put on such a risky trade anyways? High probability trades only, with stops to keep from facing a huge loss.

    • @ImPeRiaLGaming100
      @ImPeRiaLGaming100 4 года назад

      ​@@Sven-cw7rn"It could still have gone either way" can be said about anything. It is a risky trade for someone only understanding technicals. Fundamental trades are also based on probabilities. Conservatives had the highest chance of winning. Even major betting sites reflected that - conservative win bets got the worst ROI. When it comes to losses then you can obviously manage that, you don't put in some 1% risk on 25 pip sl when you know how big of a deal that election politically is.

  • @aracoggin1154
    @aracoggin1154 4 года назад

    Am so impressed with the signals i get from Reed Cooper since the past 6 months

  • @llwydanwyl
    @llwydanwyl 9 месяцев назад

    do you think it's a bit too in-depth? after three years you should be able to rinse off trades daily to life off of.. i'm not sure spreadsheets are necessary after three years, you should just know how to ring off some trades by now on the daily

  • @samkav2343
    @samkav2343 4 года назад +1

    Unsure how anyone could dislike a single one of your videos tbh.
    You’re a very humble guy, mad respect!
    Have you ever looked into FTMO funding? Like you I’m young and FTMO was a great way to get the starting capital to trade full time!

    • @MichaelBamber
      @MichaelBamber  4 года назад +1

      Hey brother! Thank you man i really appreciate that! Yeah, i've looked into it and it's definitely a great option for traders, wanting to scale up. The only downsides that i personally found was a rule for not being able to hold trades over the weekend, and then not being able to trade within a certain time period of news announcements. But apart from that, it's definitely a good option. 🙏

  • @akashpantha
    @akashpantha 7 месяцев назад

    🔥

  • @Belmar_my_religion
    @Belmar_my_religion 4 года назад +2

    #TheRoadToConsistency

  • @gabrielagama4312
    @gabrielagama4312 4 года назад +1

    Mr. Bamber thanks for the great job. Please I will like to learn trade from you. Help me.

    • @MichaelBamber
      @MichaelBamber  4 года назад +1

      Gabriel Agama Hey thank you I appreciate you! Check out falcon trading guidance that’s where I leant 🙏🏼

    • @gabrielagama4312
      @gabrielagama4312 4 года назад

      @@MichaelBamber Thank you and God bless. I will always consult you at anytime.

  • @jampjaweewee
    @jampjaweewee 4 года назад +1

    The Background sounds so annoying

  • @michaeldilkes6209
    @michaeldilkes6209 4 года назад +1

    that has to be the noisyest costa, and there is no-one in it!!! can you tell the staff to work quietly in future as i struggled to hear you talking.

    • @MichaelBamber
      @MichaelBamber  4 года назад

      Apologies, they must have been having a party in the kitchen or something 😂

    • @michaeldilkes6209
      @michaeldilkes6209 4 года назад +1

      @@MichaelBamber lol. is there a specific video where you disclose your stats for 2019? was just interested how much your %return is per month

    • @SSEnrich
      @SSEnrich 4 года назад +1

      I give up this. I will have to use head phones to be able to hear properly what is said.

    • @michaeldilkes6209
      @michaeldilkes6209 4 года назад

      @@SSEnrich glad it wasnt just me then!

  • @valentinpototskiy4359
    @valentinpototskiy4359 4 года назад

    steven dax did it

  • @emhyrarmani9049
    @emhyrarmani9049 4 года назад +1

    I took 129 trades this week won 102 of them grew my account by 50 percent and I’ve only been studying for a month maybe I’m the rare exception 🤯

  • @MsSly66
    @MsSly66 4 года назад +2

    Coffeeshop nit the best place for recording..so much hard noises... :(

    • @MichaelBamber
      @MichaelBamber  4 года назад +1

      Gábor Krasznai I realised this when I was editing, apologies for that.

    • @MsSly66
      @MsSly66 4 года назад

      @@MichaelBamber no problem...a turn down the volume a bit... :)

  • @daleschaible2273
    @daleschaible2273 4 года назад

    Ever since I started trading with Mr Reed Cooper the loss and risk has dropped. I recommend him to everyone. I have not recorded any loss in 3 months now

  • @alfredmarvin9990
    @alfredmarvin9990 4 года назад +2

    now gathering money to go live

    • @MichaelBamber
      @MichaelBamber  4 года назад

      Alfredo Marvino nice! Keep me updated 🙏🏼

  • @daleschaible2273
    @daleschaible2273 4 года назад

    hi there frind

  • @hunt1110011
    @hunt1110011 4 года назад +1

    you arent a trader...you are a utuber

  • @akinay888
    @akinay888 4 года назад

    no indicator

  • @adrianpacheco2583
    @adrianpacheco2583 4 года назад

    Have more motivational videos though

  • @brightakpan9041
    @brightakpan9041 4 года назад

    cool