Q&A | Before Trading, Biggest Challenge, Advice to someone starting out
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- Опубликовано: 30 июл 2024
- Trading Platform: tradingview.go2cloud.org/SH3oQ
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The Biggest Challenge within my Forex Trading Journey...
Q&A
1:43 - What was you doing before you started Trading?
7:25 - Did you ever make a conscious decision to chase your goals?
8:45 - Biggest Challenge within your Forex Trading Journey?
10:48 - What is something you would tell someone just starting out in trading?
13:10 - What is your Why?
Quick Fire Questions
16:39 - Where do you learn to trade?
www.falconfx.co.uk
16:52 - What Trading Platform Do You Use?
tradingview.go2cloud.org/SH28Y
17:06 - What Broker Do You Use?
17:15 - Favourite Indicator?
17:36 - One word that want to live your life by?
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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
[]First Personal Development Book: amzn.to/2zDJOzL
[]I’m Currently Reading: amzn.to/2VlHDGS
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MY EQUIPMENT
[]#1 Laptop: amzn.to/2FNuUHV
[]#1 Monitor: amzn.to/2KY6Vu3
[]My Camera: amzn.to/2LeBIid
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Track: Julius Dreisig & Zeus X Crona - Invisible [NCS Release]
Music provided by NoCopyrightSounds.
Watch: • Julius Dreisig & Zeus ...
Free Download / Stream: ncs.io/InvisibleYO
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Keywords:
#forex #forextrading #forexjourney #forextrader #michaelbamber
Subs on Upload: 6391
Great videos Michael! I have just joined the Falcon community myself yesterday! Really looking forward to my journey within Falcon and the community itself
I laugh each time I see rising traders say they want to leave an"impact", as in teaching. Which is where alot of the money is in the end, with the amount of people who flock to learning forex.
But, I am not being negative here. You have it together, you're a go getter as I am and I like to see other people going all in, in this overwhelming and sometimes dark world, and aiming to do it right for success. Enjoying your vids so far.
Michael. In 10 years time all you have collected is going to be an amazing body of work. I have no doubt you will become an incredible teacher and you will leave a big impact on people.
Thank you so much man! You've been following the journey since the beginning as i remember talking to you early on, so i really appreciate the continuous support man. It never goes unnoticed
You're a deep guy! Kudos to you bro. Inspirational words. God bless you on your journey man. My dream is to become a trader but uni is getting in the way. But in the summer I'm going to start fresh
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My forex inspiration ❤️
You are an inspiration man!
I really appreciate that man, much love!
Amazing Micheal 💫
Pranam Ghagare Thank you 😌🙏🏼
U r my
motivation me man
keep us updated on your journy
Thank you, i will
Hey man, Would just like to know what time frames you look at, what kind of trader are you, and what is your strategy for executing a trade?
Class video mate, 147 bamber
Ah thank you bro I really appreciate that ❤️🙏🏼☺️🦅 Hahaha
I've been following your story from the start and I have to say your journey is something special. Keep going mate. I would say look at the slow stoc everynow and again just to confirm your trades.
Thank you so much man i really appreciate that!
My biggest challenge is generating profits.
same...
Any chance of a helping hand before I throw my computer out of the window... :) Why can't I add a trailing stop on Trading View? It doesn't give me the option. Thank you
Carp champion 🎣🎣 enjoyed the video, how have you found Oanda linking in with trading view? I've set an account up a few months back yet to fund it. But did notice you can effectively set the trades usi g trading view 👍
Thank you man i really appreciate that. I personally don't connect my broker via tradingview - mainly for the reason that i wouldn't like seeing the monetary figures on the screen whilst in a trade... especially as i scale my account over the next few years. I prefer placing my trades through the oanda mobile app and find it super simple to do. But yeah i have heard that theres a couple of problems with placing trades with oanda through tradingview, possibly something tradingview may be working on.
I can see you use TV to do chart analysis, but what do you use to place your trades?
I know it may sound like a forward question... But how much have you made from trading so far?
Im curious too but forex the money is endless if you know what you doing
You are right. i have been making consistent withdrawal from forex trading. add forextradercoach on telegram to copy his profitable signals daily.
Y would you expect others to believe in your vision and dreams? U want them to doubt you. That's how u know your on the right path. That's the best part...it's confirmation.
a p True man! That’s something that took me a while to understand... I look back on the beginning of the journey now & it makes sense. But at the time going through those struggles I remember it being a different part of the journey to go through. But grateful for it 🙏🏼
a p wow, that's just the truth about it
❤️
Awesome content! So much motivation that you give!
Always waiting for the next video and I also follow you on Instagram and have already sponged all your content too.
Keep focusing on your goals and if possible be more active here on RUclips, always dropping massive knowledge!
Thanks for being one of my inspirations, just like GaryVee!
Thinking about joining falcon, what do you recommend me to do before it? is there something you would have done first? or do you think I should just join? asking it just because its a big investment for my possibilities, if it wasn´t I wouldn´t think two times.
Thank you so much man i really appreciate that! Definitely will try to be more active on RUclips. Thats a great question... I wouldn't say do anything specifically before joining. The only thing i would really say would be once joining based on what helped me was going straight in the deep end and by that i mean going full falcon strategy if possible. When i joined, the first week or two i was juggling my previous style and seeing if i could merge the two... but very quickly i got frustrated with the indicators/Support & Resistance and ended up removing everything to go full falcon which provided a lot of clarity.
@@MichaelBamber Thank you very much man! I will keep it in mind! gonna put the hardwork! See you soon, I hope!
Hey Michael, you have amazing content keep up the good work, are you self taught or do you follow someone’s system? Thanks Liam
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Hey buddy massive fan, I have a question, if you don't mind I love to learn about how to draw those Channels and trend lines, if you could make a video on that or maybe a guide to where I can learn that skill
Hey brotha! I learn from Falcon Trading Guidance, check it out and let me know what you think.
@@MichaelBamber Thank you for the response bro, keep winning, maybe a future upload would be you explaining that strategy 😂
🔥
All challenges will be overcome bro 😏
That's it mate! Persist until we succeed
@@MichaelBamber I never new you were deep in snooker. I was deep in golf myself playing Irish county level, playing off 4 etc and I totally agree sports mould and shape certain characteristics in you which carry over to trading 😋 highest snooker break is 52 which tbf isn't bad 🤣🕺
@@anthonycarlin3452 Yeah i haven't spoken about Snooker or Fishing much really on Social media, as its mainly trading related. But was deep into mainly snooker for 3-4 years before wanting to get into trading. Ah thats epic man, so true. It teaches you so much and i'm so grateful for that - Good habits formed and lays some foundations in a way. Hahah thats not bad at all man haha
@UClSfjQ-oPrEbYpL70axh13Q he stopped playing snooker maybe because he seen his limitation? Why play on if you know ul not progress to the standard needed? Same with trading you either have it or you don't but the great thing about trading is if you use the analytical data available and use it well you can easily become profitable. I know for a fact making 100pips a week for many is easier than 147s lol you can legit make a living from trading even if you make mistakes as long as you learn from them and limit them therefore your gradually improving and overcoming any challenge.
@@anthonycarlin3452 Good point man. If the passion from playing snooker continued, then id still be playing to this day, if it's something with where i saw myself going longer term. But i knew that i wanted to take a different route which i knew was inline with what i wanted to achieve longer term which aligns with the last question with the Q&A. Grateful for what i learnt in both industries and even more grateful to be on the path i'm currently on
Thanks for information and video @Michael Bamber
metiN tekiN You’re Welcome hope you liked it ☺️
I love in the beginning how you draw out the stock. Why are you doing that?
Hey! So i'm planning positions in advance before they materialise. Rather than being reactive in the market, you're being proactive by planning the different possibilities within the market.
Dont try to predict, just learn to react to price action and manage risk. Odds are what ever u draw will be wrong, espesially with that amount of detail.
a p Just set alerts where you want to buy it where you think it might drop to
@@ap386 We're forecasting the Probabilities and the Possibilities - Therefore when something materializes, you adapt and evolve with the market.
@@MichaelBamber let me help u out abit. Don't be a forcaster, don't even use that word. Probabilities are likely close to 50 50 at your stage. And the possibilities are close to endless other than up or down or sideways. Drawing a possible market move might make get u married to it. Better to be more fluid and be open minded to anything and just play the action the market gives u.
Question, how sustainable will it be moving forward without being profitable?
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Can you explain more about falcon fx ? Are you profitable now as a trader and what roi do you make in a mounth ? Thank You
John doe Falcon’s incredible mate, it really is. There’s lots of people that come into falcon and you’ll see them absolutely smash it within 3 months, whereas others like myself take a bit longer to get it... everyone’s journeys unique and people will pick it up at different stages. I can’t say I’m at that point of consistency just yet but a great start to the year with lots of takeaways and little clicks, so it’s only a matter of time before everything falls into place 🙏🏼
@@MichaelBamber what is it that stops you from being profitable now ? I heard rhat you learn the falcon trading style in lesss then a mounth ? Is there no one that uses falcon on lower timeframes like 5 mi utes for daytrading / scalping ? Why so you use the aoftware you use and the broker oanda, why ot mt4 and another beoker maybe an ecn ? Do you all draw the same patterns and come to the same conclusions at falcon or can you have different drawungs on the same chart with different expected outcome like people that practice elliots wavetheory ? Thank You. You say falcon is great why / what makes this great compares to other trading styles / strategies ?
Michael when you backtest and do all this chart analysis stuff, are you literally just looking at data/chart patterns, and not at all considering outside influences? It just seems so weird to me that you see all these traders staring at charts that if you asked me from outsiders perspective you would think just reflect what's happening in real life. Almost like plato's cave lol. I'm not criticizing I'm just wondering. I'm just getting started in baby pips and I understand a lot of basic terminology and how foreign exchange works, etc but it's still really perplexing to me how you go about predicting chart movement. I know people always say "you don't predict, you ride" but like still, it's because you're forecasting. It's so confusing to me how that works.
First minute of this video was music. 10-15 secs max and you will get more viewers.
How much money did you lose while learning?
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I have been contact by bitcoin1_trader who says he is you, he has your name and content and saying he will show me how to trade, is this a scam account?
Yeah mate ignore anyone else who pretends to be me. It's a Fake account pretending to be me. I'll try searching for it on Instagram and i'll report it. Thanks for the heads up. Stay Safe
Have you been profitable?
Not consistent just quite yet, that's something i'm still working on. But the last couple of months have been good, following a few "clicks" which has impacted my results slightly.