Page 15 - PowerPoint Presentation

> Trading Tips – Andrew Mitchell – The Forex Coach

Seven Important Trading Tips

The seven really important points that you need to understand and have implemented in

order to be a successful Forex trader. Let's get into it straight away.

My seven top tips for you to be a successful Forex trader
I consider this to be a really important lesson for to understand, and to implement in your

trading. I'm going to give you my seven top tips to be a successful Forex trader so let's get

into it.

#1 – You must have a passion for trading Forex

Number one, you must regardless of all other things, have a love of trading, a passion for it.

I've been trading for 13 years and still love it. Every morning when I wake up, I just want to
go and look at my charts, to see how my trades are going. A lot of people after that length

of time, doing anything, get bored. Most people I know, get to Friday, and can't wait for the

weekend to come. For me, it's the opposite. I can't wait for the markets to open, so I can
get trading again. It’s not good, even if you are making money out of trading, if you hate

doing it or if you are really bored by it. It's a really important point, regardless of what you

do in life, enjoy it and have a passion for it.

#2 – You must have a strategy that works for you

Number two, you have to, of course, have a strategy that works for you, something that

suits you. It doesn't matter whether you're a technical trader, or a fundamental trader, or if
you use a combination of both. Whatever it is, have something that works for you,

something that doesn't take all day and night to do. What's the point in having a really good