52 Traders Pro: Recent Episodes
Cam Hawkins
9 months and 21 episodes later we're at the end of our Trading Mentors Match-off spin off series.
It was packed full of drama, twists and turns... But we got there in the end.
And among it all we've managed to produce a profitable trader... Who is it? Well, you'll need to join to find out.
Or you can speed up the process and join one of the mentors that helped our traders along the way (take your pick): Andre Stewart, Derek Vandelinder or Avdo Hadziavdic.
Listen to previews of the 20 other episodes to get a taste of this fantastic series:
12 Crazy Trader Traps Simple Success Trick Free Trading Education 95% Minute Chart Win Rate Best Forex Trader Rookie Mistakes to Avoid Mark Douglas Call Trading Like a Pro? Trading Naked Charts Traders Biggest Obstacle Best Forex 1 Min Strategy Top Trading Trait Funniest Trading Hack Ever Day Job vs Trading Career The Trading System Mistake Secret to Disciplined Trading Does Alison Profit? Zach, a Tortoise or Hare? Demo Trade the Right Way Day Job vs Live Trading
Now, it's all over the price will be rising soon. So make sure you lock in these episodes before the price jumps in a few days.
Click the links below to take the short survey:
https://52traders.com/prosurvey/
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Our three students have said goodbye to their mentors and are and over the past week I've caught a) stay focused on trading goals b) keep their trading motivation levels high c) establish a trading routine I had to laugh when Phil shared it. What’s more, it didn’t sound like something he was going to share and it’s so simple you’ll kick yourself for not thinking of it earlier. To hear what the secret is and find out which mentor is winning at the 3 month stage, jump on board this 21 episode series (we’re currently 17 episodes in and have 4 to go!), In this show you’ll discover:
How to force yourself to do back testing (even when you don’t feel like it) How to come up with a strategy that fits your own personality How to fit trading into a busy life What’s a realistic financial target look like for a trader with a good day job Good ways to take the long term view on wealth generation
Save time and take the same journey as Phil – Join Andre’s mentoring program (10 new spots have opened up). Not only will you get access to Andre’s unlimited 1:1 mentoring, you’ll also get access to hours of recorded video training sessions covering back testing, psychology, charting and more. Plus, past guest Daniel Cheung is also in the group helping traders make the most of the markets.
As we approach the end of the year, most traders start to shut up shop as the markets become less liquid and people concentrate on buying presents instead of Bitcoins (or maybe not).
The skyrocket ride of Bitcoin in November ($6k to $11.5k) blew Nick's $7,000 bitcoin prediction out of the water in this scorching hot market. The question is, what's his bitcoin forecast this month? Oh, and don't miss the seriously weird bitcoin fundamental analysis that he calls out in this months prediction.
Now, turning to the EURUSD, with Yallen's departure this may make things more interesting than your typical December. And we have two fantastic euro dollar reviews, so take your pick.
SP500 has a high portability bias during the pre-Christmas period and a Forex pair I don't hear of much, the EURNOK, shows a well thought out process for the lazier trader.
Please note: The predictions below are for educational and entertainment purposes only, they are not financial advice and should not be used to make financial decisions of any kind.
Bitcoin (BTCUSD) by Nick Bencino EURUSD by Andre Stewart EURUSD by Shonn Campbell GBPNOK and EURGBP by Rob Colville LVS by Anka Metcalf ES (SP500) by Art Collins AUDUSD by Trader Dale AUDUSD by Shope Aina GBPJPY by Avdo Hadziavdic DAX by Daniel Cheung
December 2017 Market Predictions
BTCUSD Is Bitcoin Headed to 13,000 Before 2018? By Nick Bencino of Forex4Noobs.com (Forex) & Cryptos4Noobs.com (Cryptos)
Bitcoin has just broken $10,000, blowing most peoples 2017 expectations right out of the water. But it didn't stop there. Within 12 hours of breaking $10,000 it was at $11,500...
... Where will it stop?
For more analysis check out Cryptos4Noobs.com
EURUSD My Love Affair with Janet (Yellen) is Over By Andre Stewart of 52traders.com
This is my breakdown on my thoughts on the EURUSD. The currency pair is in a unique position being that we are in the 4th quarter of the year the leadership that drives the very core of the American economy is changing as we speak. Countries are breaking away from the European Union so it should fall right? Or does the market think that the Euro is just getting rid of the dead weight? My opinion is in the video breakdown.
EURUSD 1.21 on EURUSD Pretty Much a Given By Shonn Campbell of FxInventoryTrading.com
I am excited about the opportunity coming up in EUR/USD. It looks like 1.21 is in the cards and possibly an extension all the way to 1.23. The daily and 4 hour charts are giving some very nice looks right now. Find out more in my video!
GBPNOK Do We Have a Bearish Gartley on GBPNOK? (weekly) By Rob Colville of TheLazyTrader.com
We discuss the technical reasons which support our sell bias for GBPNOK. Last week closed as a bearish pin bar and could potentially be the trigger point for a move down, if the bearish Gartley plays out (with good profit potential!).
EURGBP Buying the False Breakout on EURGBP Why we are buying EURGBP on the weekly timeframe after a false breakout.
LVS This is Not a Cryptocurrency Trade By Anka Metcalf of TradeOutLoud.com
LVS - Las Vegas Sands Corp. is on our Hot List for a possible buy over $68.00 as a daily Break-Out.
The stock has been in an uptrend for most of the year and it may be ready to move higher on a test of $68.00. Bias: long Risk: $67.40 Entry: 68.01 Profit Targets: $70.00, $71.00 for short term and for the above mentioned risk - and has a void area into $80.00 for medium term.
ES (SP500) Expect Usual Santa Claus Rally By Art Collins of ArtCollinsTrading.com
Despite the title, fundamentals play no part in my trading decisions. It just so happens that December is statistically the best month to be long the S&Ps, at least in recent history. The chart shows a yearly breakdown of buying one mini S&P contract at the beginning of December, and exiting on the last day’s close: 19 trades since 1998.
The total net profit was $17,562. There were 14 winners and 5 losers for a 73.
I was in stitches after Phil shared a trading discipline tip in this update of Trading Mentors Match-off.
It’s Phil and Andre’s Month 3 update and this tip worked for Phil and will work for almost anyone who really wants to:
a) stay focused on trading goals b) keep their trading motivation levels high c) establish a trading routine
I had to laugh when Phil shared it. What’s more, it didn’t sound like something he was going to share and it’s so simple you’ll kick yourself for not thinking of it earlier.
To hear what the secret is and find out which mentor is winning at the 3 month stage, jump on board this 21 episode series (we’re currently 17 episodes in and have 4 to go!),
In this show you’ll discover:
How to force yourself to do back testing (even when you don’t feel like it) How to come up with a strategy that fits your own personality How to fit trading into a busy life What’s a realistic financial target look like for a trader with a good day job Good ways to take the long term view on wealth generation
Save time and take the same journey as Phil – Join Andre’s mentoring program (10 new spots have opened up).
Not only will you get access to Andre’s unlimited 1:1 mentoring, you’ll also get access to hours of recorded video training sessions covering back testing, psychology, charting and more.
Plus, past guest Daniel Cheung is also in the group helping traders make the most of the markets.
I'm so pleased to get 52 Traders monthly market predictions/forecasts/outlooks (whatever you want to call them) launched to help aspiring traders and investors see how professional traders take a monthly view of the markets, how they do their analysis and what sort of things you should be thinking about when you do your own.
Please note: The predictions below are for educational and entertainment purposes only, they are not financial advice and should not be used to make financial decisions of any kind.
This November we have a great mix of predictions, my favorite being Nick's Bitcoin prediction. I've noticed the popularity of this Cryptocurrency and cryptocurrencies in general has skyrocketed in the past month. This is clearly seen by Bitcoin breaking $5000 last month and November's bitcoin prediction forecasts even further growth.
Another popular one is Tesla. I don't trade stocks, but it's great to see a high profile stock appearing in these predictions and in-depth analysis from Anka - who was interviewed on the podcast way back in 2015 when it first started.
It's also very interesting to see two different takes on the EURUSD pair, Andre says up and Dale says down. Maybe one will be right and the other wrong or they'll both be sort of right if there are some sharp moves in both directions. Can't wait to see what happens!
So, without further ado, use the quick links below to find your favorite markets or dive straight in and soak up the analysis from these expert traders:
E-mini S&P 500 by Art Collins EURNZD by Rob Colville Bitcoin (BTCUSD) by Nick Bencino AUDUSD by Harllan Dale USDJPY by Daniel Cheung Severn Trent (FTSE Stock) by Samuel Leach EURUSD by Trader Dale GBPUSD by Shonn Campbell TSLA by Anka Metcalf Bonds by Trader Scott AUDUSD by Shope Aina EURUSD by Andre Stewart EURGBP by Vladimir Ribakov
November 2017 Market Predictions
E-MINI S&P 500 S&Ps Should Power Higher Through End of Year By Art Collins of ArtCollinsTrading.com
The end of the year is historically a seasonal up move in the stock related markets. I've noted November market moves in a variety of futures markets--not just stock-related, and the most pronounced bias I've seen is a rise in the S&P futures. Obviously, some years are going to go counter-seasonal, but why anticipate a reversal of the trend when it's statistically so much more rewarding to go with it?
EURNZD Is EURNZD Poised for a Major Reversal? By Rob Colville of TheLazyTrader.com
In this video, we discuss the technical factors which supports a long-term EURNZD reversal ...enormous profit potential (weekly timeframe).
Discover exactly what we saw and the evidence we weighed up to come to this conclusion so you don't miss out on the next opportunity!
Bitcoin (BTCUSD) Bitcoin Heading to $7,000 USD? By Nick Bencino of Forex4Noobs.com
It looks like nothing can stop Bitcoins meteoric rise up, except maybe the hard fork due for mid to end November (some say as early as the 16th) . Will it hit $7,000 before the fork? In this video I discuss my predictions for Bitcoin in the coming month!
AUDUSD The Big Zero Sum in AUDUSD By Harllan Dale
AUDUSD is at the right spot to begin its reversal. An Impending 400 pips to 1000 pips minimum is about to happen.
Harllan Dale's AUDUSD Prediction
USDJPY USDJPY Is Boxed In But A Good Push Is Due By Daniel Cheung
USDJPY, on the Daily its actually ranging/boxing within the 800 AOA region (black and teal lines) so following this will most likely have a good push coming soon. The fact its making higher highs and lower lows is quite fun.
USD basket is on a retracement so north looks positive and confirming the USDJPY.
Thought GBPJPY and EURJPY looking lower so best to wait this one out and see what the week brings good news coming in to set a strong trend coming through.
Daniel Cheung's EURJPY Prediction
What an educational update from Derek and Alison, in our second Trading Mentors Match-off month three update!
This episode gave me a great idea to help improve my back testing as well as a view on the "wacky approach" I had to ridding myself of money mindset issues.
But most importantly it highlighted a BIG problem we all have when it comes to purchasing trading systems on the internet. Here's the problem in a nut shell:
"We try and execute the trading system just like its creator".
Sounds weird right, because that's exactly why we purchased the system... isn't it?!?
You'll find out why it's "not that weird" when you join this 7+ hour long drama packed trading audio series - Simply plug it into your Smartphone during your daily commute, while you're out running or at your day job.
Trust me, this series is better than any trading audio book you've listened to in the past 12 months.
We've just started month 3 of the our Trading Mentors Match-off challenge. Episode 15 in the series and things are starting to heat up!
In this catch up with mentor Avdo and student Zach, I really dig deep on a couple of issues this pairing have highlighted for us all.
These are serious issues surrounding "time". Specifically the time we all have to put aside to become successful traders.
And as someone who has spent a fair few years in the workforce I know that our jobs are at the top of the list when it comes to sucking the time out of our lives - like a human sized leach stuck on the back of your skull (sorry for the gruesome image, but let's face it, that's the reality of it).
This "time conundrum" also leads us to think about why we would do such a thing when we all know, full well, that time is our most important asset?
Anyway, to hear me unleash fury on poor Zach and spout off more than I should, you'll need to join up to the series.
It's getting exciting!!!
In the show you'll discover:
An easy way to beat the time conundrum Where fear his holding you back - and you don't even know it How to overcome procrastination in your trading education
By joining below, you'll also get
Zach's trading statement Links to software recommendations
Late pairing Andre Stewart and Phil Mullins return to update Trading Mentors Match-off listeners with Phil's progress two months in.
During the show we stumble across some absolute gems when it comes to overcoming trading's psychological barriers, including the funniest tip I've heard in over 100 interviews (I haven't tried it yet, myself, but it might just work!!)
In this 59 minute show you'll learn:
How to approach learning from a mentor How many back tested trades is enough to go live A funny hack to help overcome psychological issues with money How to balance your trading with a demanding job
You'll also get a copy of Phil's back testing statement with over 300 trades, an equity curve and a bunch of stats.
Want to learn from Andre yourself? Grab one of 3 spots left and get unlimited 1:1 coaching from this full time trader.
Traders often use a demo or sim account to practice executing their strategies in real time without the added pressure of: a) Making mistakes b) Blowing accounts c) Ultimately, losing money So, is practicing on a demo account the same as practicing with real money at stake?
We answer this question, and plenty more, in this episode of Trading Mentors Match-off where we catch up on how our South African/USA pairing Derek & Alison are doing, two months into the challenge of turning Alison into a consistently profitable trader.
In this episode you’ll also discover:
A trading platform hack that'll help you identify trends better A trick that'll help you become a more patient trader A weird (but free) technology that helps make your trading laser focused How Alison is progressing in this challenge (incl. her statement)
You’ll also get access to handy trading software that sends alerts to your phone and PC when a price level is hit (Very handy if you don’t want to sit waiting for that perfect setup).
I caught up with Avdo and Zach two months into our Trading Mentors Match-off challenge to see how Zach's been progressing.
During our chat we were also able to highlight one of the major traits every successful trader must has, and all of us newbies must master.
Avdo also shares his how he acquired this "special trait" - which is a challenge for most people interested in trading.
We also walk through Zach's July/August trading statement and Avdo shares his full ($10k to $50k) live statement for members to compare.
In the show we find out:
One massively important trait every trader must acquire How to embed this trait in your mind (without therapy) How to speed up your trading education when you work full time What differentiates a newbie from a full time trader Why Zach's trading statement shows promise How Avdo just kills it in the market
By joining below, you'll also get:
Avdo's trading statement with over 500 trades from the past two months (and amazing growth from $10k to $50k) Zach's trading statement over the same time period
After the show Avdo let me know that he's now teaching people one of his strategies for free (watch the video for instructions) and if you'd like to pick up the other two and join his trading community he's giving 52 Traders listeners 15% off through this link.
Can it be we've discovered one of the best trading strategies of all time?
Has Trading Mentors Match-off been the genesis of such a strategy that can be used successfully on multiple time frames?
If you've been following the series so far, you'll be dying to hear how (late pairing) Andre and Phil are getting on as they chase the pack.
This weeks hour long episode delivers more twists and turns on our journey to a) help keen traders and b) test their mentors.
In the show I grill Andre on the specifics of his trading and we find out:
How much work is involved to really make this work? How tight you can put a stop loss and still find "uber" success The myth behind Monday and Friday trading What you need to drop and how to drop it to make a fundamental success shift What signs to look out for before everything "just clicks"
All will be revealed in this episode of Trading Mentors Match-off.
We're well into month 1 of Trading Mentors Match-off and today we hear from Derek Vandelinder and his student Alison Forsyth.
For me, this episode highlights the biggest obstacle newbie traders face. And it's probably not what you think.
If you think I'm talking about:
Picking the wrong strategy Keeping your stops too tight Risking too much Revenge trading Over leveraging
You're on the wrong track.
I believe newbie failure is all down to one thing "self sabotage".
I can see this in myself and, in this episode, you'll see how Alison shows a lot of self sabotaging traits early on in this challenge.
I see self sabotage kicking in "Waaaay" before a trader starts placing trades. In fact, it happens as soon as you decide to become a trader and I believe it's the major reason most of us fail at this game. How do you fix your "Self Sabotage"? This episode will help you identify one of the major factors of self sabotage and steer you back on the "road to success".
Let’s welcome Andre Stewart to the Trading Mentors Match-off challenge!
It was unfortunate that Adam Lord had to pull out due to a conflict of interest. But the show must go on, so Andre takes his place as our new TMM mentor to teaching Adam student, Phil.
Andre is now a successful full-time trader enjoying the fruits of his hard work spending quality time hanging out with his kids. So, let’s find out how he’ll go about transforming Phil into profitable trader through this challenge.
If you're yet to hear Andre’s success story, you can listen to his full interview (on the house).
In this show Andre reveals:
How he’ll transform Phil to becoming profitable naked chart trader What's the right time to start live trading The kind of mindset his student should have towards trading The proper way to analyze your charts The exact working strategy he’s using to teach Phil Different characteristics of pairs you should understand His unique money management approach How you should treat your demo and live accounts Why you should develop your own trading psychology One good habit every trader must implement Where to focus and put most of your time His ultimate goal in teaching Phil
Includes 4 fantastic video recommendations, every trader must watch.
Trading Mentors Match-off steps into it's month one updates.
We catch up with Zach and Avdo to find out how they've been getting on.
Is Zach making a killing yet? Has he fallen at the first hurdle? Is it all much harder than he could ever imagined? Has he blown his first account? Has he pulled off a miracle trade that's netted him a few grand?
All will be revealed in this episode of Trading Mentors Match-off.
Oh, and there's another twist in this tale!
We say goodbye to Adam Lord (Phil's mentor - listen to the preview below to find out why) and introduce, none other than, last weeks trader, Andre Stewart, who's already having success teaching others his method.
We'll hear from Andre next week, but for now, it's over to Avdo and Zach...
When Kiwi decided to extend his vacation, we had no option left but to bring in Alison Forsyth to replace him on Trading Masters Match-off. Alison is now wheelchair bound with MS, has been a spreadsheet analyst all her life and has been demo trading Futures for quite some time. And now she turns her hand to Forex for a second time, as part of this challenge.
In this podcast, we explore her trading experience where she tells why she freaks out when she enters the real market and how she plans to make at least $100 a day in profits.
This Podcast Will Help You Overcome All The Fears New Traders Have By Revealing:
The biggest hurdle new traders face and what needs to be done to overcome it and learn trading for real. The right strategy of grabbing opportunities when you seem to be losing everything All the mentoring Alison has taken from “experts” that you should avoid! The one trading academy that really gave Alison the much-needed confidence and made her start understanding the rules of trading. What happens when you go against your own rules? How hard you can fall if you shoot for the moon too early? The key to understanding the trading market and how she got the hang of it. How to take your scalping technique to a completely new level. Why still take the next trade when everything seems to be falling apart? The one psychological technique that can help in overcoming trading fears! The expert who can reprogram your psychological DNA. The life changing podcasts that can turn your wobbly life to super successful. The one thing you need to focus on to get your trading right. The words of wisdom Mark Douglas told Alison in their private phone conversation just prior to his passing.
Plus, How Alison Is All Set To Overturn Her Life By Making Forex Trading The Arc Reactor Of Her Lifestyle!
And, marked up charts of the strategy Alison shares on the show.
In this episode of Trading Mentors Match-off we bring back Adam Lord, the young Ozzie trader from episode 58 who had an amazing story.
Adam has recently stumbled upon quite a few new things that can knock down even the best trading gurus and he is excited to tell us what they are, especially about making back the money lost while trading and not losing it again.
Later in this episode, we will talk about how Adam is pumping steel into Phil’s trading muscles and testing his nerves; plus, what will happen if Phil blows up Adam’s piggybank.
Do Not Miss This Incredible Podcast If You Want To:
Discover what really happens when you move from smaller trades to larger ones. Understand the biggest and the silliest reason traders lose money. Know why not to panic when the trades reverse and make it all back, with the profits – the Adam’s way! Know the seemingly most intelligent trick new traders use that in reality is a rookie blunder. Learn to identify the right entry and exit points to ensure lucrative profits. Discover the simplest trick Adam often uses to pileup profits and always comes out with more money. The lifesaving tip that will keep every trader one-step away from losing money. The truth about considering the bigger picture, and how it affects your account - MAGNANIMOUSLY. Adam’s smart secret behind not keeping any trades pending. Discover what days you are bound to lose money in the markets. Know when's the best time to bank the cash and run. Understand why in most cases it is simply unintelligent to automate trades? Know the exact and the smartest method of working with timeframes.
That is not all; Adam will also be sharing statements and charts where he reveals his exact entry and exit points giving you a better chance of understanding what he does.
It’s Australia versus the “Rest of the World” in this week’s episode of Trading Mentors Match-off.
We hear from, Sydney based, Phil Mullins who’s been teamed up with trading mentor Adam Lord from the Gold Coast.
Phil works as an Actuary (which means he’s probably really good at math) and feels like he’s reached the emotional plateau (the nirvana we’re all searching for) where winning and losing trades is just something that… well… just happens.
In the show you’ll discover:
A “Zero Risk” way to trade currencies (profit even when price goes against you) Something “nice” that every successful trader should be doing Which of my guests Phil paid to learn from (and if they were any good) The best trading course he’s ever done (and he’s done a lot!) A free education resource for anyone who wants the basics A time consuming phase every newbie goes through - Phil saves you the pain Two money management strategies you could apply to your trading How he dynamically exits his trades but still gets about a 1:1 risk to reward ratio A simple technique to remove emotion and mistakes from your trading An “easy way” to fit trading into a busy day and full time job 3 tips to make you better trader Phil’s major issue - one which Adam “must fix” to win this challenge A broker who offers up a unique & beneficial tool for traders The simple continuation strategy Phil used to pull pips back in the day
Join below and also download Phil's recent trading statement and listen to us analyse it in great detail.
In this episode of Trading Mentors Match-off I welcome back our 2nd Forex trading mentor Avdo.
Avdo shared his popular 1 minute GBPJPY scalping strategy when he was last on the show, which quickly became the most downloaded episode on 52 Traders, to date.
And that’s exactly why I wanted to get him back on here as part of this challenge.
Not only so you could hear more from him but also to see how his strategy is holding up and, more importantly, if he can take struggling trader (Zach Faraone) and make him profitable.
In this episode you’ll discover:
The unique way he marries his scalping strategy with his new one for max. profit A big realization that helped him catch tops, bottoms and reversals on the 1 minute chart Where to find profit packed smaller trends to make more than just a few pips The math around his scalping strategy to net 400 pips/month A special market pattern that happens 90% of the time (and how institutions make it occur) Exactly when to dip into the market to extract pips with his unique setup How he profits from this odd market occurrence What 2 tools he uses to find profit targets and where to place them How you could go about replicating this on your own The 2 time-frames he uses for confirmation Massive pip moves being caught by his students on the 1 minute chart One important thing that'll help you succeed in Forex How he maintains his high win rate of 95% The 3 magically simple ingredients that help you put his system to work One thing that undermines almost every unsuccessful day trader One important but “hard to commit to” thing that will help Zach become profitable The other currency pair Avdo now trades – it behaves very much like GBPJPY Details on how to setup your profit targets with his system Money management ideas for $100 to $1-2,000 accounts His favorite podcast episode for psychology advice
I also reveal the mentor I spent 3 weeks learning from, earlier this year, who I saw turned $80 into $20,000 in just a matter of days.
Join below and also download Avdo's recent trading statement and a marked up chart showing how his new system works
This week we meet Avdo's student, Zach Faraone.
Zach, based in Florida, works in engineering and started out in stocks before finding Forex was the perfect fit.
Zach is fairly new to trading and gives our Trading Mentors Match-off challenge an exciting edge - bringing a very different experience and psychological approach than our other TMM students.
In the show, Zach reveals:
A "must read" book that'll kick-start your interest in a #traderslife How growing his account by 60% led to 2 important lessons for us all An amazing (FREE) resource every Forex trader should check out A great recommendation that'll save you lots of cash What popular trading system made him stop trading A psychological hurdle that could be holding you back His 2016 trading woes Two common levels he used for his exits which simply didn’t work How fear and greed can take control of your trading What not to do with your risk to reward His three words of advice for newbie traders – "wise words from this newbie" A major weakness he wants to overcome – is it the same as yours? One thing that may help with your psychology
You'll also see a copy of Zach's recent trading statement...
Back for a second time, Derek Vandelinder shares how he’s approaching the Trading Mentors Match-off challenge and mentoring his new student from Denmark, Kiwi.
Before you dive in here, I recommend listening to Kiwi’s interview to understand the challenge Derek has in front of him.
In this show Derek reveals:
The best way to tackle any trading course The biggest problem you'll face learning ANY new strategy & how to fix it The strange behavior you'll adopt if who've lost BIG The one thing he's focused on to make Kiwi (and maybe you) profitable The top 2 things he considers most important for trading success Issues you'll find in the market, at the moment What single event resulted in his best trading day this month The type of market that gives him the most pips His NEW trade management style that's working super well The biggest problem every trader faces when following a system One thing that’s going to help Kiwi out “a lot” How much demo trading to do before going live One important thing you need to be successful with this strategy Why some people just "get it" and others don't How many hours you need to put in each week to be successful One major issue that trips up every unsuccessful trader ... And the one simple trick that will fix it Two essential books for trading psychology What to risk on a $500 account What “Uber” success will look like at the end of this challenge The crazy results his students are getting How many Pips you can expect on a slow day and a great week.
You'll also see a copy of Derek's recent trading statement...
In part 1 of Trading Mentors Match-off we paint a "before" picture of both our traders and mentors - a bit like you'd see on a Reality TV show like Extreme Makeover.
In fact, in these interviews our three traders are yet to meet their mentors.
Which means... We get to hear their fresh and unbiased "trading story".
What you'll hear today will resonate with you - especially if struggling to find consistency with your trading and are desperate for a change in fortune.
In this show, we meet our first trader, known as Kiwi.
Kiwi is a 23 year old Engineering Student from Copenhagen, Denmark.
He already has a lot of trading experience for his age... Unfortunately, it hasn't been the "high speed train to success" he was expecting... More like a "roller coaster that came off the rails".
You'll hear Kiwi share his journey and reveal insights you would normally spend $1000's discovering yourself.
Here's what you'll discover:
One well known trader you should probably avoid, saving you $$$ One trick big name brokers use to "sucker punch" newbie traders 3 crazy things you should never do when entering and managing a trade A massive psychological weakness among most traders Two cheap & reliable resources for your Forex education A Persian trader who made 5000% gains in just 8 days (while running a company) Two trading books to get you started Kiwi's personal 15/30 minute time frame strategy (incl. marked up chart) 3 unique ways to deal with your emotions What can happen when you risk big (and stupid things you shouldn't do) A fun thing to do with your monthly trading statement
You'll also see a copy of Kiwi's $5,000 trading statement... .
Welcome traders, to my very first podcast and blog post.
To save yourself time coming back here every week, or reading the full transcript below, here's what you want to do:
Pick up your smartphone Turn it on and find the Podcast App Search for "Metatrader Mentors" and subscribe to it Listen at home, while you exercise, trade, travel or drive
And, here's the first show if you just prefer to listen online...
Recommended book The Secret Code Of Success by Noah St John Full transcript Hey traders!
I’m Cam Hawkins, and welcome to the very first episode of MetaTrader Mentors and to kick this revolution off, today I’m going to give you a teaser of the MetaTrader Mentors Podcast format. And at the same time I hope this will give you an insight into who I am, my history with trading and why I’ve decided to do this podcast.
The way I plan to do this by answering the very same questions I’ll be asking successful traders in future episodes. And at the end of my interview I’ll run you through the plans I have for this Podcast and your, yes “Your” involvement.
So, without further ado, I’d like to introduce my first guest, your’s truly Cam Hawkins.
I hail from Wellington, New Zealand and have been trading mainly currencies since 2007, however I've dabbled in options and CFD’s . I’ve had plenty of experience with trading robots and you may know of me from my days running ForexReviewsRated.com and CamForex.com where I reviewed MetaTrader Expert Advisors (for newbies EA’s or Expert Advisors are MetaTrader lingo for trading robots) and had gained a reputation as one of the few trustworthy Forex reviewers on the internet.
In 2013/14 I took an 18 month break from trading. After I withdrew all the funds from my live accounts, when all was said and done I came out about break even, if not a little bit up. But given it was a 5 year investment the money would have been better off in the bank.
However, boy did I learn a lot along the way (of which I’ll share some of the stories with you today). Back in September 2014 I decided to give it another crack, but this time with a different mentality and renewed vigor to have another serious stab at making trading a solid source of income.
Now let’s head into the interview. And remember, this is the same interview I’ll be giving to successful traders from all over the globe. Hopefully, this wets your appetite.
Here’s goes:
This is your chance to share more about you personally, and give the listeners more detail about your trading. What you’re trading, how you’re trading it and the kind of results you see...Over to you.
Thanks Cam, Well I’m 39 years old, and live with my beautiful wife Zoe and our 2 girls. Outside of trading I’m love my football (soccer for those in the states) both playing as well as watching. I’m a mad Chelsea fan, and I’ll always try and get to a game at the bridge when I’m back in London visiting Zoe’s family. Back here in NZ I hold down a full time job so this is something I’m doing on the side, simply because trading interests me and has been my other significant hobby for the past 8 years.
I’ll be completely straight with you, and let you know that I’m not what I’d consider a successful trader in any way shape or form. Well not at the moment anyway. In the past I’ve tried it all, manual systems, automated trading software, signal services, currencies, commodities and indices. 1 minute charts to 1 day charts, grid, martingale, trend, breakout, scalping and high frequency trading systems - about the only thing I haven’t tried are Fundamentals. So, when you distill everything down what I have come away with is a very good understanding of all the facets and disciplines of trading, but where I've failed is having the discipline myself to stay focused until I find success. Like the acronym goes, FOCUS - Follow One Course Until Success. I’m hoping the successful traders I meet and interview on this journey will provide me,