Is It Too Late to Start Trading Forex in 2020?

Поделиться
HTML-код
  • Опубликовано: 20 окт 2024

Комментарии • 189

  • @MichaelBamber
    @MichaelBamber  4 года назад +9

    The Question of the Video: "Is It Too Late to Start Trading Forex in 2020?" Let me know what you think too! 👇

    • @lawrencerodrigo8335
      @lawrencerodrigo8335 4 года назад

      Forex trading is very profitable especially when an expert handles your trade, you just earn from the comfort of your home

    • @marstrades
      @marstrades 4 года назад

      Nicely said Michael. Your channel is filled with value 🦅

    • @raikou25
      @raikou25 4 года назад +2

      It’s never too late to trade. There are always new opportunities every single day in the forex market which is what makes trading beautiful

    • @tamiltechnical684
      @tamiltechnical684 4 года назад +1

      Hi Micheal, I'm beginner for forex trading, which forex broker is best please advise me

  • @kenichilugard8240
    @kenichilugard8240 4 года назад +33

    At first I had my doubts about trading and I was skeptical because I had lost few 100bucks to unreliable traders who took advantage of my little knowledge of how the system works. Today I am proud and more confident of the system thanks to investor Derek moore who has been helping me realize good amounts off my investments

    • @josemalhoa7641
      @josemalhoa7641 4 года назад

      Please father help me, I want to invest and become successful myself
      I loss my only $600 in live account, I want help father. Please advise

    • @kenichilugard8240
      @kenichilugard8240 4 года назад

      Pro trader derek will help you out if you need

    • @kenichilugard8240
      @kenichilugard8240 4 года назад

      +16149928478**

  •  4 года назад +4

    Nice video mate. Loved to see u charting... This is the best thing I admire about u. Also ur clarity on subject and passion for trading. Take care mate. Waiting for more from you. Cya

  • @alariccato3849
    @alariccato3849 4 года назад +3

    Nice video Bamber, can you share a video on how to journey your trade by using notion it will be helpful.

  • @samurai_fx4911
    @samurai_fx4911 4 года назад +1

    Here's my answer. In 2007-08 I somehow was introduced to Forex trading. This was before Instagram, Facebook, RUclips and IML marketing. I did as most newbie traders do. I deposited money into a forex account, pressed buttons, lost money, reload. Rinse and repeat. I did not understand the markets, the only education was forexfactory, babypips and a lot of basic information on the Internet. Not too long afterward, I lost interest. I didn't get to see the young guys with the "forex lifestyle."
    Years later, I stand here today learning to become a forex trader, a professional. With a different outlook, purpose, and experience. My goal is different, my belief is different and I see WHAT IS POSSIBLE if I treat this as a serious endeavor. I'm not under any illusion that in the next couple of short months that I will be flipping my first $100 live account into $5000 in the coming weeks. It's not too late.

  • @SpI3eR123
    @SpI3eR123 4 года назад +5

    Sick video as always keep Recommending Books, Podcasts. Also would love to see a video of all your routines like Meditation stuff like that, Much appreciated

  • @sopeodejayi1774
    @sopeodejayi1774 4 года назад +17

    Forex ain’t going nowhere. It’s been around for years now and will still be around for years to come. So it’s best to take advantage of your time now.👌🏾💯

  • @ravisidhu1667
    @ravisidhu1667 4 года назад +3

    OMG - a wake up call such wise words - I can do this!
    Thank you Michael.

  • @kevinchen9912
    @kevinchen9912 4 года назад +2

    Always feeling satisfied to watch you videos. Keep going and lets get it!

  • @changez77654
    @changez77654 4 года назад +46

    The best time to start was yersterday. The second best time is to start today.

    • @MichaelBamber
      @MichaelBamber  4 года назад +1

    • @steveliamcason7785
      @steveliamcason7785 4 года назад

      Yes.. investing in forex has been a very lucrative business

    • @ianhodgkinson2854
      @ianhodgkinson2854 4 года назад

      There never a time to start trading forex.. it's just getting the right mentorship to guide you

    • @dylanlevett1814
      @dylanlevett1814 4 года назад

      With the right mentor as Mrs. Joan Reynolds you should be able to flow easily trading forex with h her proven strategies

    • @dylanlevett1814
      @dylanlevett1814 4 года назад

      Joan is a forex expert and business analyst. She's been into forex trading for some years now and her trading strategies has proven to work effectively

  • @ashkaur4863
    @ashkaur4863 4 года назад +3

    Great video Michael - so true about time! Its funny as I was reading an article on time management just earlier and there was a quote in it worth sharing: "It is not that we have a short time to live, but that we waste a lot of it. Life is long enough, and a sufficiently generous amount has been given to us for the highest achievements if it were all well invested. But when it is wasted in heedless luxury and spent on no good activity, we are forced at last by death's final constraint to realize that it has passed away before we knew it was passing. So it is: we are not given a short life but we make it short, and we are not ill-supplied but wasteful of it... Life is long if you know how to use it." - Seneca

    • @MichaelBamber
      @MichaelBamber  4 года назад +2

      Damn! Deep, thanks for sharing! Crazy isn't it. It's just most people are asleep, so unfortunately never realise it. But time to wake people up 😴

  • @emekaokonkwo4804
    @emekaokonkwo4804 4 года назад +4

    Definitely not too late. This Isolation period has increased my knowledge by a huge amount. Take advantage.

  • @michaeljecka4897
    @michaeljecka4897 4 года назад +11

    This is actually the best time to start.Lots if free time with no distractions from regular day to day activities.2020 will either make you or break you. The ball is in your court.Let's make it happen.

  • @MohamedHussein-xl4sz
    @MohamedHussein-xl4sz 4 года назад +7

    ABOUT TIME!!! Lets go!!

    • @trendexlevels8509
      @trendexlevels8509 4 года назад

      www.myfxbook.com/members/I_ProfitFX/i-profit-fx-2/3518740

  • @Millionaire21
    @Millionaire21 4 года назад +2

    Great vid bro, keep up the grind💪

  • @Zainab-zz5kp
    @Zainab-zz5kp 4 года назад +1

    How did you learn how to trade. There’s so much information out there

  • @wildbritannia9887
    @wildbritannia9887 4 года назад +1

    Good insights Michael, thanks for putting in the hard work for us. You trade with Oanda but UK client so I guess you can order direct off the chart. bummer that with Trading View - so I presume you have a separate tab open onto the Oanda platform to make the order with prices marked out from Trading View. Do you find this hampers you when wanting to get an order in? Or perhaps you do it some other way. I use Trading View, love it, but it is a pain in the a** that UK clients cant trade direct off it. Correct me if I am wrong. Thanks mate.

  • @tobennaemechebe1370
    @tobennaemechebe1370 4 года назад +1

    Love your videos, Michael. My answer to your question is a resounding 'No". it's not too late to start trading Forex in 2020. As long as the Markets stay open, the Forex bug will hit different people at different times!

  • @stilex1674
    @stilex1674 4 года назад +3

    Hello Michael,i am from in Uzbekistan.Good luck you

  • @vukmilenkovic3724
    @vukmilenkovic3724 4 года назад +2

    Man you are so inspirational and positive,can you make course teaching new traders from a-z.That will be helpful and you are very good at explaining things.

    • @maggiesilverton4021
      @maggiesilverton4021 4 года назад

      Why wait for a reply when you could speak to a professional directly. Mr Gregory would help you out with all you need to know about how to make profits from trading contact him using whatsapp for quicker response

    • @maggiesilverton4021
      @maggiesilverton4021 4 года назад

      +1 3 1 6 3 3 3 7 5 8 9

  • @goldenpiggyinvestment
    @goldenpiggyinvestment 4 года назад +2

    Hello mike! I am also a fx trader. Happy to know you. :)

  • @zmajeed786ify
    @zmajeed786ify 4 года назад +1

    What broker are you with ? Good video and analysis 👍

  • @thabangditlhabi3803
    @thabangditlhabi3803 4 года назад +1

    Trading definetly has a bad reputation especially here in 🇧🇼 Botswana.. But Atleast there are people like Michael & kb trading that show us a different side to it

  • @daadaproduction5376
    @daadaproduction5376 4 года назад +5

    I start 2020 Forex trding i am so happy to start

  • @micahjames1466
    @micahjames1466 4 года назад +1

    Hey Micheal, i have a question.
    When you're taking your scale in trades do you look for patterns on the 15 Minute or 1hr and above?

  • @phillipsomerset7967
    @phillipsomerset7967 4 года назад +5

    I struggle with concentration and persistence, which is probably gonna be the downfall of my entrepreneurial dreams. Any tips?

    • @MichaelBamber
      @MichaelBamber  4 года назад +9

      Don't sabotage yourself by saying something will be your downfall! Go out and fix it! Never Retreat. Never Surrender! Start to develop a good positive Daily Routine, with good quality habits, and you'll find that once you tick off one goal, it's a transition to then the other, and the other! In terms of persistence, having a 'Why' is key, without that driving force you're gonna want to give up when times get tough! I can definitely do a video about this at some point if that would help? 👍

    • @phillipsomerset7967
      @phillipsomerset7967 4 года назад +2

      @@MichaelBamber Thanks for your response, I do appreciate it. I feel like I've tried a million times to change my routine, but I'll have 2 good productive days, were I feel driven, and then 5 unproductive days were I dont feel driven at all, which leads to self-doubt. However I will take your words onboard. And yes i would love if you could make a video. Thanks ☺️

  • @yuchelcorvera1149
    @yuchelcorvera1149 4 года назад +3

    Bro do you have a team? Can I join and learn from you? Thank you! 🙏

    • @smartforex8409
      @smartforex8409 4 года назад +1

      Hey do you need help on how to trade on forex?

  • @EdwinArabejo
    @EdwinArabejo 4 года назад +5

    Happy pips bro

  • @iamjayford7691
    @iamjayford7691 4 года назад +1

    Hey michael your studio sounds effects ruin what you said .
    Maybe adjust your recording spot in no echo room

  • @allishere3261
    @allishere3261 4 года назад +1

    In the way of you trade with the more market structure i think you have to check forex chasers community
    THEY ALSO TRADE BASED ON THE MARKET STRUCTURE AND I THINK ITS THE BEST WAY TO LEARN

  • @jaawathahmed
    @jaawathahmed 4 года назад +1

    Man your videos opened my eyes so much on this world. The company working last 5 years is going to bankrupt end of june i dont know what to do a baby is coming soon. How can i get back on my feet. I am trading for whole year but it didnt went consistant. I know it takes time. What is your opinion to get back up.

  • @ericmacia9417
    @ericmacia9417 4 года назад +1

    We just have to wait and know how to take advantage of opportunities with a higher probability rate
    I am asking for your AUD / USD and USD / CAD chart studies?

  • @whinybat
    @whinybat 4 года назад +4

    What is the best way to start educating yourself in forex? in terms of technical analysis techniques and strategies for predicting movements rather than the absolute basics

    • @emekaokonkwo4804
      @emekaokonkwo4804 4 года назад +1

      Try Falcons FX, Michael Bamber is a member I believe. If you admire him, you may as well want to get the education from the same place as his

  • @jordandavey7295
    @jordandavey7295 4 года назад +1

    Given that in Europe, we are not able to execute Oanda trades on tradingview, how are you actually executing trades?
    Thank you

  • @edus9539
    @edus9539 4 года назад +2

    Hi Michael Sorry for my bad English. I have a question, how do you deal with the correlated currencies so as not to increase your risk per trade beyond 1%? do you keep some trades open at the same time even though some currencies have a strong correlation? thank you

  • @Bhavincis
    @Bhavincis 4 года назад +10

    I believe, it's never too Late.

  • @jktanasin
    @jktanasin 4 года назад +1

    Hi Michale. I'm following on your RUclips Chanel . I very like your trading style ,it's very simply and clean, but now I'm not understand your Strategies or skills for you use to trading. Please guide me your Strategies or skills ,Thanks for Sharing 😁

  • @thienatangtran7412
    @thienatangtran7412 4 года назад +2

    Is It Too Late to Start Trading Forex in 2019 >>> learn from you so much

    • @joelmanu642
      @joelmanu642 4 года назад

      Thiên Đạt Đặng Trần no contact a professional to avoid pitfalls as a beginner

  • @imamdeen6706
    @imamdeen6706 4 года назад +1

    What is the time frime sir. From india

  • @yusufyare8373
    @yusufyare8373 4 года назад +3

    *keep going*

  • @blessedlukoki
    @blessedlukoki 4 года назад +1

    freecourser.com/falcon-fx-pro/ Here is a link to a website that has the Falcon FX Pro content, including the foundation series and other things as well!

  • @satishkumar-qx2fc
    @satishkumar-qx2fc 4 года назад +1

    Why are u not showing your profit and loss

    • @MichaelBamber
      @MichaelBamber  4 года назад

      Go watch my latest videos, i explain why i don't and why i never will, likely

    • @satishkumar-qx2fc
      @satishkumar-qx2fc 4 года назад

      It's good brother I lost 500 dollars when the trade so I stopped right now so I am watching for analysis to become a good trader like you love from india♥️👍 I'm 19 years old

  • @zuldaanmukhtarofficial5709
    @zuldaanmukhtarofficial5709 4 года назад

    what's the tis pair

  • @berkersoy1233
    @berkersoy1233 4 года назад +1

    Hey michael nice video as always, could you please share your opinion about stock market? pros and cons compared to forex and why u prefer forex instead of stock market. thx for your interest.

    • @maggiesilverton4021
      @maggiesilverton4021 4 года назад

      Why wait for a reply when you could speak to a professional directly. Mr Gregory would help you out with all you need to know about how to make profits from trading contact him using whatsapp for quicker response

    • @maggiesilverton4021
      @maggiesilverton4021 4 года назад

      +1 3 1 6 3 3 3 7 5 8 9

  • @Lucas.smith0001
    @Lucas.smith0001 4 года назад +10

    I have lost money on forex trading and I have used up the $10,000 in my demo account and I still want to trade, please someone should advise me what to do because I want to make money

    • @henrymatthew2186
      @henrymatthew2186 4 года назад +1

      You're a newbie on forex trading and I'm sure you have not understand it very well, try to spend much time to read the strategy out and follow the lines carefully, with time you will get use to it

    • @Lucas.smith0001
      @Lucas.smith0001 4 года назад +1

      Thanks so much for your advice, I really appreciate but please apart from this you said is there any other thing you can add?

    • @henrymatthew2186
      @henrymatthew2186 4 года назад

      Oh yes I will also encourage you to look for a pro trader you can invest with him on forex trading, someone you can trust very well

    • @henrymatthew2186
      @henrymatthew2186 4 года назад

      A pro trader that has a very nice trading strategy, just look for one

    • @henrymatthew2186
      @henrymatthew2186 4 года назад

      A pro trader that will be trading on your behalf

  • @marioman890
    @marioman890 4 года назад +8

    Too late? Nah. All in

  • @chinwendun6401
    @chinwendun6401 4 года назад +4

    Forex market controls a huge part of my passive income flow, where I invest big and profits even bigger courtesy of my financial broker Mr Princewill Brown

    • @morganrich5959
      @morganrich5959 4 года назад

      Hmm I've heard quite alot about Mr Princewill Brown

  • @abdelmounaimrachid6285
    @abdelmounaimrachid6285 4 года назад +2

    man that intro song is annoying

  • @allishere3261
    @allishere3261 4 года назад +1

    3D MARKET STRUCTURE

  • @fusion4528
    @fusion4528 4 года назад +1

    I don't understand why you're just drawing trendline channels and acting like that's exactly what's going to happen. There is no guarantee, you need more technical and fundamental analysis to get your trade accurate.

  • @goyaldev09
    @goyaldev09 4 года назад +1

    I don’t get this Falcon saying that “this was planned in advance” which is complete BS, if the trade war got resolved and so did Brexit instead of this COVID-19 situation all indices would have moved accordingly so I just don’t get it. Mark Hutchinson in a live webinar was chatting about USDCAD crashing according to “structure being priced in” in late jan. how can you explain that? Btw USDCAD has made highs recently

    • @MichaelBamber
      @MichaelBamber  4 года назад +3

      The truth is that the trades are planned in advance. They're forecasted and then taken according to your own style. Indices moved according to the structure, everything going one was the 'catalyst' to kick off the move, this is why i don't put too much emphasis on news. The HTF Structure always aligned before news. news is the catalyst quite often to kick off that move. & patience. USD\CAD is still looking extremely good for more downside at this point after the big double top rejection. You never know when the trade is going to go, so planning the different variations of price is key. Dollar Cad doesn't have to move to the downside, nothing does. The markets operate in probabilities. But the probability of that happening based on what the Price Action on UC is telling us, is likely. But its a HTF Move and can take a long time to play out.

    • @raikou25
      @raikou25 4 года назад

      USDCAD is now bearish in my opinion and I see it going down to 1.29000 minimum long term. Of course this move will take months to happen but it’s not a matter of IF, it’s a matter of WHEN

  • @akashpantha
    @akashpantha 9 месяцев назад

    🔥

  • @jasoncole9369
    @jasoncole9369 4 года назад +7

    Sir Gabriel Johnson has been my broker for the past months, he really helped me made much profits.

    • @luckyinvestor1036
      @luckyinvestor1036 4 года назад

      He’s consistent in making huge profits.

    • @lawrencerodrigo8335
      @lawrencerodrigo8335 4 года назад

      Now I understand what it means to win in trading, am so glad having Sir Gabriel as my trader.

    • @morganrich5959
      @morganrich5959 4 года назад

      How can I contact him

  • @francoisanthonymar7390
    @francoisanthonymar7390 4 года назад +2

    I messaged you thru Instagram, please reply or notice it
    thankyou

  • @mann4862
    @mann4862 4 года назад +1

    Check your IG dms :D