My Advice to Someone Starting Out in Trading

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  • Опубликовано: 19 окт 2024
  • MENTIONED IN THE VIDEO
    []Trading Platform I use: tradingview.go...
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    MY SOCIAL MEDIA
    []Instagram: / michaelbamber
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    MY FAVOURITE BOOKS
    []No.1 Trading Book: amzn.to/2mfVYFf
    []No.1 Mind Management Book: amzn.to/2Limc4W
    []The Book That Shifted My Perspective: amzn.to/2VjAXcf
    []The Book That Kick Started My Personal Development: amzn.to/2zDJOzL
    []I’m Currently Reading: amzn.to/2VlHDGS
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    LEARN TO TRADE
    []FalconFX: www.falconfx.co.uk
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    MY EQUIPMENT
    []Monitor: amzn.to/2KY6Vu3
    []Laptop: amzn.to/2KVI0qU
    []Camera: amzn.to/2LeBIid
    []Journal: amzn.to/2KY75l9
    []Pen: amzn.to/2JnRXrm
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    Music in this video
    Song:
    Artist:
    Link
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    Keywords:
    #forex #forextrading #forexjourney #forextrader #michaelbamber

Комментарии • 59

  • @madmots981
    @madmots981 6 лет назад +13

    Who the hell would dislike this! Keep going Mick, you're living the dream. I'm starting out next week, so looking forward to walking away from the rat race!!

    • @MichaelBamber
      @MichaelBamber  6 лет назад +3

      Thank You man i appreciate that a lot. Currently on my own journey and having quite reached consistency just quite yet, but i'm on the verge so really want to document certain things that are going to be incredible to look back on, and hopefully provide value to others. Thanks epic man, feel free to reach out at any point man, sometimes its hard to know where to start out, so its key to have like minded people around to to push you and lift you up. Enjoy man, keep me up to date with your progress man :)

    • @madmots981
      @madmots981 6 лет назад +2

      Michael Bamber Man it's really important that you're documenting your journey, because people like me can witness what you're going through. Good luck bro, and I'll keep you posted.

    • @arenuzzle6282
      @arenuzzle6282 4 года назад

      @@madmots981 you still at ya 9-5

    • @madmots981
      @madmots981 4 года назад

      @@arenuzzle6282 lost all my money, wife and kids left me. Now in a homosexual relationship with the mail man.....sigh...

    • @iam03j32
      @iam03j32 3 года назад

      @@madmots981 uh thanks for the encouragement 😂😂😂😂😂

  • @BobbyRamos86
    @BobbyRamos86 6 лет назад +1

    Hey Micheal, I'm also a fellow youtuber . But i am new to trading and i gotta say im very happy i found your channel before you blow up. Its good to find someone with a humble beginning so im excited to see where your journey takes you. Im from new york so my goal now is to find a group like falcon here where i can meet with like minded people and work together. When im ready i'll start documenting my journey on youtube like you have started to do so thank you

  • @Indoxio3846
    @Indoxio3846 6 лет назад +2

    What an awesome video Michael! The intro is really good man. Can't wait to see more of your content

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Thank you man i really appreciate that brother. Cant wait to keep filming and get more content soon

  • @giovanylopes2669
    @giovanylopes2669 6 лет назад +1

    Awesome value! Wish this video was out when I was just getting started.. New traders can learn so much from Michael

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Giovany Lopes I appreciate that a lot man hope it provides value for new traders looking to get started ☺️🙏🏼

  • @thomasstones1183
    @thomasstones1183 6 лет назад +2

    Love the content! I have never seen a video on RUclips that shows how people manage their trades whilst in the 9-5. Eg what if your preferred set up hadn't come into fruition until you had just started your shift. Please do a video on your experiences of this as I am sure many people will take a lot of value away from your experiences/advice.

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Thank You man. I love that, that would be an awesome video. Thanks for the suggestion man ill note that down for the future

  • @mateenkhan1230
    @mateenkhan1230 5 лет назад

    Hi Michael, you look a genuine person, I have seen few of your videos, you are doing great by documenting, soon I will also start.

  • @danieldoty4514
    @danieldoty4514 6 лет назад

    Hi Michael, awesome content! I noticed in your other videos that you mostly lock down your camera on a tripod when you're in your trading room or you place it down and don't move it around while filming. If you're ever bothered by the clicking camera noise, try disabling the Image Stabilization. Your camera mic is picking up the IS motor and since your camera is locked down and static, the IS isn't needed. Moving to an external audio recorder, shotgun mic, or lavalier would fix it as well! I apologize if this information is redundant!

  • @AnjanFX
    @AnjanFX 6 лет назад +4

    Hi Michael. Am you do a video on how you backtest. Your strategy.
    Because backtesting is most important in the learning phase. It will be nice of you showed us.
    Thanks bro

    • @MichaelBamber
      @MichaelBamber  6 лет назад +1

      Hey man, ill share a video on how i personally backtest. Definitely man i couldn't agree more.

    • @AnjanFX
      @AnjanFX 6 лет назад +1

      Thanks. Sorry my English is terrible.

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Your english is good man, really good ill do a video on that in the future :)

  • @emmanuelanekwe966
    @emmanuelanekwe966 3 года назад

    I do like the quality of this channel

  • @golf.echo.zulu.1911
    @golf.echo.zulu.1911 5 лет назад +1

    Top video lad. Would be great to hear from you regarding your experience with IP vs Falcon - why one suited you better and what you preferred about Falcon. This is coming from an IP member.

    • @MichaelBamber
      @MichaelBamber  5 лет назад

      Thanks Brother! For sure i'll definitely do that at some point :)

  • @mendamobilerepairs2054
    @mendamobilerepairs2054 4 года назад

    Great video Michael! Appreciate your honesty and clarity. I appreciate that im a bit late to the party, so would you say that falcon is still a good community to join?

  • @morgancushing2933
    @morgancushing2933 5 лет назад

    I love the videos man. Just a piece of advice though: lower the music & intro volume. It is way louder then the rest of the video. Keep up the good work!

  • @generationfinance91
    @generationfinance91 6 лет назад +4

    What broker do you use?
    Also I have been kind of scared to start forex because of how it is possible to lose more than you put in if you over leverage.
    I know I would have to use a stop loss, but read horror stories of them not getting filled when the market shoots in the opposite direction.

    • @KrishabBashyal
      @KrishabBashyal 5 лет назад

      No matter how much leverage you use you’ll never lose more than you put in, your trading platform will automatically close the position if you lose more than your original investment.

  • @thomasmatthews80
    @thomasmatthews80 4 года назад

    Great vid. Great channel

  • @andersoninlago6554
    @andersoninlago6554 6 лет назад

    Aqui con un consejo
    Todos los mercados se mueven atravez de un circulo repetitivo, aqui viene tu ingenio de aprenderte todos los movimientos mas repetitivos si los aprendes te daras cuenta que lo que ocurrio ayer volbera a pasar despues de un tiempo.. mientras mas sepas del pasado mejores seran tus probabilidades de adivinar el movimiento correcto. suerte amigo
    Att.. Trader Anderson

  • @ReigoTsepkin
    @ReigoTsepkin 5 лет назад

    Great video, good information! But what if other person trades different than me? is it still good to trade together? or should both trade same system/strategy ? cheers

  • @DukhiPardesi
    @DukhiPardesi 6 лет назад

    Thanks for sharing this video

  • @hendricka.s
    @hendricka.s 6 лет назад +1

    Sick Intro Bro👑

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Hendrick Motshetelo Thanks bro 🙏🏼🔥

  • @MiissSomeone
    @MiissSomeone 4 года назад

    Thanks a lot for sharing this information! Is there a way I could contact you to ask you some questions, if it's possible? Thanks man!

  • @suavalomax4003
    @suavalomax4003 6 лет назад

    Hey I wanted to know how did you go about finding a trading group in your area? And don't forget I am your hero 500 subscriber and I'm here to support you and watch you grow

  • @neilbickerdike
    @neilbickerdike 6 лет назад +1

    good video Michael, I cant see a decent video on back testing and a random pair to use, This will be gold if you can do a 5 min one

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Hey man, yeah great idea. For sure ill do that soon. Be great to film that

  • @sanjinkubrick7897
    @sanjinkubrick7897 4 года назад

    Michael, do you think it is better to learn basics on your own and then join community once you have some decent knowledge or start with the community ?

    • @timblunt7
      @timblunt7 4 года назад

      Sanjin Kubrick exactly

    • @timblunt7
      @timblunt7 4 года назад

      Sanjin Kubrick You can learn more about the automated trading system if you mind

  • @pen6406
    @pen6406 5 лет назад

    good luck pal

  • @mohanedidris3610
    @mohanedidris3610 6 лет назад +2

    great video tnx

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Anytime man, really glad you liked it :)

  • @putusbrutus2974
    @putusbrutus2974 6 лет назад +2

    Nice video Michael, glad to see you doing well since Celia's lad

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Thanks man, appreciate that. Its gone so fast, feels like it was yesterday

    • @putusbrutus2974
      @putusbrutus2974 6 лет назад +1

      Michael Bamber yeah crazy how time flies by

  • @CarftCrO0K
    @CarftCrO0K 6 лет назад +2

    Why do you even have one down vote :'(

  • @xorowoo
    @xorowoo 3 года назад

    Привет, шансов конечно мало но, ИЩУ ЛЮДЕЙ, ЧТОБЫ РАЗВИВАТЬСЯ В ТРЕЙДИНГЕ ВМЕСТЕ!!!!!!!

  • @mg__murali8637
    @mg__murali8637 5 лет назад

    I need subtitle bro...

  • @Marcos-pp4sy
    @Marcos-pp4sy 6 лет назад

    Do you have myfxbook?

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      I don't currently, but plan on getting one soon

    • @anthonycarlin3452
      @anthonycarlin3452 6 лет назад

      it takes two minutes to link it up, if you left your job to trade you must be profitable? link it up and then show us your stats :) as its easy to claim ohh i learned this or that, but no results = something to hide.

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      anthony carlin Definitely going to be having a look into it and possibly get an account soon. Yeah i totally get that. Currently verging on consistency right now. The past 4/5 months I've been averaging between 1-8% per month which is not the goal and not where I want to be, but feel like I'm only slight tweaks away from consistency. I'm not currently right where I want to be, but still figured that I could hopefully provide value through videos for people starting out as I went through that. I went through the lonely times of staring at 4 walls not knowing how to really move forward for a few weeks. So I thought I'd share some of the things I learnt when I first started out that really helped me. Also, as I mentioned in the "Quitting my 9-5" video, I quit my 9-5 but Ive also gone part time and work a few hours a week to pay off expenses and also build up my account. If I didn't have the opportunity to go part time I wouldn't have finished my 9-5, but because that opportunity cropped up, I went with it as it gave me a lot more time to trade and to work on other things. In the meantime I tend post a few trades I take on my Instagram stories, highlights and posts as I'm documenting my journey through that platform, but will be looking into myfxbook soon 🙏🏼

    • @anthonycarlin3452
      @anthonycarlin3452 6 лет назад +1

      1-8% per month is good though, on a good months thats 2% account growth per week. those kind of stats long term and compounding ul be a millionaire within 5/10 years.

    • @MichaelBamber
      @MichaelBamber  6 лет назад

      Yeah thats true, currently on the journey right now of getting to consistency. 10-15% months are definitely possible, not currently there yet but its tweaks i need to make and i'm looking forward to focusing more on documenting my journey to getting those results, so i think that'll be good to document that. So in future i think i'm going to put more emphasis on showing trades taken etc on this platform so i'm looking forward to that too. Is there anything you would like me to show in particular man? Really interested to hear your thoughts. :)

  • @richmkudetz
    @richmkudetz 4 года назад

    Thank you bro for good message I beg you to be my mentor Please

  • @BobbyRamos86
    @BobbyRamos86 6 лет назад +1

    also expect to see me alot in you comment section lol

    • @Amrishpoduri
      @Amrishpoduri 5 лет назад

      If you like to have profitable forex trade dealings get in touch with Hurley Jordan and you won’t be disappointed hurleyjordan812@gmailcom. With his trading system I consistently earn £9,550 every trading session

  • @Justbeingnessa96
    @Justbeingnessa96 5 лет назад

    great info cant wait to learn more @lash_whiz thats me