Trader makes a whopping +53% in one month

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#554: Trader makes a whopping +53% in one month

In this video:
00:30 – Trader makes massive gains in July on his live account.
01:50 – Trades taken on various time frame charts.
02:24 – Taking his time to learn the strategy first.  
03:27 – Don’t expect instant results.
04:36 – My 17 minutes Masterclass and Book a Call.
05:09 – Blueberry Markets as a Forex Broker.
05:42 – Comments, Like & Subscribe.

Today I’m going to talk about a trader who has just made 53% in the month on his live account. Let’s talk about that a more right now.

Hey there, Traders! Andrew Mitchem here at the Forex Trading Coach with video in podcast number 554.

Trader makes massive gains in July on his live account.

So I want to talk about a client of ours called Hamish who, lives here in New Zealand. He joined us, some ten months ago back in September 2023. And we’re now into August. Now, back in July, last month, he opened a live account with just over 5500 dollars in that account.

And he’s just sent me, the PDF file here from his, BlackBull the broker, a live MT5 account that he’s got here. the account in U.S. dollars, he started with $5,575 was his deposit. He has gone and made, almost $3,500. Now, that represents a 63%, account gain. but on close trades, he’s currently when he sent me this earlier today on 53.14% on closed trades.

So he’s got roughly 10% open. on or profit on open trades, but a massive 53% gain in the one month on the live account. Now that has to be, you know, a fantastic achievement. And, the profit factor, which is an important measurement, is 2.44. And his average hold of the trade is one day, 13 hours and nine minutes, according to the stats on here.

Trades taken on various time frame charts.

So of course, that will have some, longer time frame charts, such as maybe like a monthly chart or a lot of weekly charts that I’ve talked about that we’ve taken here at The Forex Trading Coach on the last couple videos and podcasts, if you’ve not seen them, go and watch number 552 and 553. Or listen, if you’re on a podcast and I talk about those trades on the weekly chart.

So they’ve helped Hamish, a lot as well. Plus we’ve had some very good daily chart trades and a lot of, especially 12 hour chart trades done. Incredibly well, done very, very well out of those.

Taking his time to learn the strategy first.  

But my point being is he joined us ten months ago. So he’s taken nine months to go through, ask questions, attend the webinars, post trades on our forum site, which he does, you know, continuously ask questions and has practiced on, a demo account.

And now he’s completely ready. And yes, we’ve had a great month of trading conditions in July. Absolutely. Yes. He’s probably taking a higher risk than I might personally take and said yes, but after all, it’s his money, his decision. But the proof is that on close trades, he’s made 53.14% in his first month on a live account with about 10%, gain running now into August on open trades.

Absolutely fantastic. And see all the results here. well done. Hamish. great to see your effort on investing in yourself into the course and your time, is paying off and that again comes back to, what I talk about continuously is.

Don’t expect instant results.

Don’t expect instant results. you know, don’t expect to buy yourself your own private jet within the first 2 or 3 weeks.

Take your time, do your homework, do the training, the learning. The Demo accounts more Live account. And like, where does Hamish want to take it from here? I don’t know, I’m going to go and ask him. but he might have more funds to add to this. He might be on prop firm accounts. and basically, if you know what you’re doing and you can achieve results like this when the market’s giving you those good, trading conditions, you know, it’s unlimited, isn’t it?

And that becomes the point to get across to you, invest in yourself, invest in your education and it massively pays off. Otherwise you’ll be out there like most people like you hear the stats 90, 95, 90 to 95% of traders out there just losing money, going round in circles, you know, on the hamster wheel, just not getting anywhere.

And they blame, you know, the market or they blame, you know, something else. They blame forex, they blame the dog, they blame everything but themselves because they haven’t done that groundwork in that homework.

My 17 minutes Masterclass and Book a Call.

If you would like to know more about how we trade and teach, jump onto my on demand, very short, 17 minute, masterclass. I’ll put a link to that.

If you’d like to book a call to talk to myself or one of my team. We’re more than happy to jump on and on the call with you guys and, and book a time that works for us both to have a chat about, seeing if with the right fit and, and how we can help you to achieve success, just like Hamish did. And when he joined some ten months ago. I’ll put the link so you can book a call with us as well.

Blueberry Markets as a Forex Broker.

And if you’re out there looking for a broker, I can highly recommend, Blueberry Markets. they are fantastic. bunch of people. they’ve got some, actually, some very exciting developments coming shortly as well. Can’t tell you just now, but I’m going to tell you in the next few weeks, regarding prop firms, some very exciting developments. I’ve been talking to them this week and, Yeah. Look, just to start with, for now, as a broker, consider them if you’re out there looking for a good, MT4 MT5 broker, I’ll put a link to Blueberry as well.

Comments, Like & Subscribe.

So that’s it for now. Any questions you have, please email me Andrew@TheForexTradingCoach.com. Don’t forget to like and share and subscribe if you are watching this on YouTube and happy trading everyone!

I’ll see you next week. Bye for now.

Episode Title: #554: Trader makes a whopping +53% in one month

Find out more about Blueberry Markets – Click Here

Find out more about my Online Video Forex Course

Book a Call with Andrew or one of his team now

Click Here to Watch Prop Firm Masterclass

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