YouTube: Trading Forex with No Time – 140% Return in 9 Days

YouTube: Trading Forex with No Time – 140% Return in 9 Days

I want to talk about trading with no time, do you really need to be trading every day?

I also want to break down how in ten days, I was able to produce a 140% triple-digit return with a very low 11% drawdown.

But as you know, I encourage you not just to take my word for it. All my results are fully verified through MyFXBook using one of the most reputable brokers in the world.

In the video above, I’ve got some amazing analytics to show you the cornerstone of how I achieved those results, and how you can apply these principles to your own trading.

One important thing to emphasise is that I achieved this in around half a month. That’s right, I didn’t trade every single day 24/7 to get these results. In fact, the complete opposite.

In around ten days, I managed to produce 140% returns.

I know many of you work full time or you have a busy family life and have to fit your trading hours in around these other commitments. It makes sense that you’re busy and don’t have time to trade every day.

The good news is that despite what you’ve been told, you don’t need to trade every day to get consistent returns.

I’ve said many times before that brokers want you to trade every day because they make money when you press the buy and sell button.

Unfortunately, that causes people to incorrectly think this is what they need to do to be successful.

But I’m here to tell you that’s not the case you don’t need to over trade. Instead, be selective!

As many of you know, I conduct myself with a massive amount of integrity. I’m a very honest person, and the truth of it is, it would be easy for me to say, look if you follow me and if you do the G7FX courses, you can also do the same triple-digit returns that I’m showing, and look that’s not going to be the case.

The reality is that if you’re starting out, you’re not going to be producing the sort of returns I show.

The reason is that I’ve been doing this for two decades, so I have the benefit of a lot more experience when placing trades.

Trading is like anything else in life; it takes time to become skilled at, it’s not the easy money that people think it is. Don’t misunderstand, trading is incredibly profitable, but it’s going to take time to get there.

However, what you can do, is start the journey towards trading consistently, and then as you progress in the future, you can work your way towards outsized returns.

But I must tell you that first, you need to lay the groundwork!

In the video, I get into some amazing sterling analysis to show you how I achieved 140%. But first I want to share the main markets that I trade in day-in-day-out, as there are a few important points to understand.

The main markets I trade are the S&P 500, the U.S Stock Index and Crude Oil.

Recently, in another video on my YouTube channel, I talked about how, in my opinion, those are the best markets in the world to trade, especially when starting out!

I’ve worked around professional traders all my life, guys that have earned incredible sums of money, and typically they tend to follow those markets – the S&P 500, Crude Oil, and some European markets.

The reason why these markets are so good is that it’s where the most observable liquidity is. Again, this is why it’s so important you take advice from someone who’s been there, done that, and backs it up!

All this stuff about Forex being a trillion-dollar market, it’s a big problem for beginners, and I’ll do another video on it. But for now, it’s important to understand that it’s a more advanced market.

I would recommend staying away from trading sterling straight away; it’s a more advanced market.

Eventually, you can apply order flow & volume analysis to those markets, but only once you get consistency in some of the more institutionalised markets like the S&P 500 and Crude Oil.

I’m sure you know what it’s like, you get stressed, you realise you don’t have the time to trade that day, and you start to rush things.

You probably think:

“I need to make this trade.”

“I need to execute today.”

That’s when you get sloppy.

DON’T do that, that’s the main point I want to make to you. If you can’t trade on a specific day, that’s fine, just leave it.

The worst thing to do is rush a trade, lose, and then you’re starting off from a loss the next day. Throughout this whole month of 140% returns, I traded one pair!

I had a few trades on pound dollar but the majority of all my gains came from the pound yen. Let me say that again; I traded one pair!

This is another common mistake I see happening, Analysis Paralysis – people trading too many pairs and getting confused.

I recommend sticking to one asset and mastering it!

My best month of the year I traded one pair, I stepped away from pound dollar, and there’s a reason for that.

With the COVID situation going on at the time, there was a lot of uncertainty around whether there’s going to be another lockdown.

There’s a lot of uncertainty, and I didn’t like the way the pound was behaving. So, I took a step back. I still looked at the pound as I show you in the video, but I stuck to pound yen.