10 THINGS YOU NEED TO BECOME A MILLIONAIRE FOREX TRADER
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- Опубліковано 15 лип 2018
- How to become a forex millionaire you ask? You need to learn these 10 things in order to become one of the forex millionaire traders. If you want to learn how to be a forex trader to produce a side income, you will also need to learn these things.
The real forex millionaire secret is not some secret formula but it comes down to hard work. A lot of forex millionaires have put in tons of hard work to get to where they are. If you want to become a forex trader or become a forex millionaire, be prepared to put in the work to become a millionaire by forex trading
Don't aim to become a millionaire forex trader instantly because millionaire forex traders get to where they are only after many years of hard work. Becoming a millionaire in forex trading is not for everybody because not everyone is passionate about finance.
If you want to learn how to become a successful trader or how to become a forex trader, you can start by watching all my forex trading vidoes.
A lot of people ask me how to become forex millionaire but then they are not willing to put in the hard work to earn it. If you want to become on eof the forex millionaires, you can't get there by dreaming all day to become a forex millionaire and yet do nothing to put in the hours.
To become a forex trader is not easy, what more becoming a forex millionaire. It's just not for everyone. But if you are really serious about becoming a millionaire forex trader, then we can talk.
Disclaimer:
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Singapore youtuber profile:
Karen is Singapore Forex trader, Singapore motivational speaker, Singapore youtuber, Singapore vlogger , author and was ranked #1 in a Singapore nationwide Forex trading contest.
This trader vlog showcases the trading lifestyle and entrepreneurship life, plus weekly motivation for those that are not traders.
It's also a Singapore vlog where most of the shots are done in Singapore. She will also be bringing you around the island to explore Singapore.
Karen is a motivational speaker based in Singapore and Malaysia and delivers talks that touches the heart of her audience members.
She is a motivational speaker that is well sought after by many schools and event planners as she is known for solving several teenage problems as she has experienced many setbacks as a teenager back then.
Email: karen@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo
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Music Credit:
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• 10 THINGS YOU NEED TO ... Disclaimer:The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.
"Fear of Winning too much money."
LOLOL. True story.
Haha yes that's like fear of success :)
such a expensive lesson by public video ??? Karen, I'm always gratefull to you.Good luck !!!
Gayan. I'm grateful to have your support as well. Good luck to you too :)
Head and Shoulders shampoo 😂🙌🏼 love how you educate! So happy I came across your channel 🤓
I love how your intro clips are straight and to the point lol. Not like others who have like 30 second intro videos.
Thank you. I know what it feels like to watch videos that took forever to get to the main content :)
7:47
Yes please!! you're such a kind and caring person, we highly appreciate your effort in teaching us, Karen.
You're welcome!
Hello Karen, you are just a definition of who and what I call a pro..
It takes a pro to know a pro..
Hi Karen, firstly I want to say thank you so much, for every educational materials you put out for the general public. Am a Bsc holder in economics the technical analysis was a bit difficult for me but still improving but the fundamental analysis was easy for me because most of the economy indicator I learnt about them in the university but only theoretically but with all your videos on FA made it more easier for me. thanks once again and I in years to come I will be able to share my knowledge with other.
I’m starting to learning now😊 thank you so much! For the effort in sharing your knowledge to us!❤️
Thank you Karen this was a very good video. 🙏🏾
Thank you very much Ms Karen for the amazing content you are sharing. LUV U❤❤❤
thank you for this Karen! So much heads up for me. Now I know what are the things that I need to learn and not take for granted! I also love your humor in between. More power!
You're welcome. Thank you for your kind compliment
Thank you Karen, I very new I have not start yet, I want learn to understand it more before.
thank you again for this video karen! this is my answer to that question
-all of those. but I am more focus on risk management, trading psychology and technical analysis and for the rest I am getting the idea first. more power karen! I like what you said. If it takes 1 month to learn one of these so be it. market will reward those who have patient and never rush things.
Karen. You are sincere lady explaining and easy to digest
Thank you very much yor pedagogy style is wonderful
You offer so much value in your videos. Great content. All the very best Karen , you’re appreciated.
I appreciate your appreciation :)
Thanks you so much for this... some of us really appreciate your work.
😂😂😂😂 Every time I watch your videos i end up laughing but still learn a lot. Thank you Karen.
Thank you very much for the video.
Thank you for your wisdom Karen, this is SUCH Valuable information, much appreciated (I know this vid is old, but I've just come across this now) :). And I love how you don't baby people "If you can't find it, too bad, cus I'm not gonna find it for you" hahaha!! :) xo
Thank you.... Thank you..... Thank you Karen...
Always grateful.
Hey!! Thanks a lottt! 🤗
I am so glad I found you..this is what people don't tell you..
Currently learning candle sticks, and studying their patterns so that I know what to look for.
Pattern don't really work much sometime candle sticks but price action is rhe best strategy
Perfect and thanks 💙
Thanks Karen, I just signed up for a course on fundamental analysis, on Udemy, Definitely a weak point in my game!
Im so glad i found ur channel 😍 tnx Karen.
You're welcome!
This video helps me a lot, thank u, 😊
You're a cracking woman! Have a smashing 2019! God bless. M
Thank you. Bless you too
Thank you for this lesson keep it and you will be know world
Thankyou for educating us. I'm learn lots of things from you. ❤️
Karen you re the bomb! Have always known that forex trading is not what you rush into with the mindset of making quick money without understanding the basics. Thanks for this.
You're welcome. And thanks for your compliment!
Hi Karen, Can i ask you that : the tools we can use in TA are :
- trend lines,
- moving averages,
- RSI
- Fractals
- Support and resistance
- Supply and Demand
which ones are you using more ?
the goal is to have at least 3 confirmations to enter a signal ?
Thanks and regards !
Jean
amazing video, i like that you go straight to the facts and dont bullshit the viewers. That badass mentality is super attractive!
Hey Johnson I'm glad you like the video.😊
Hi Karen in the future , would it be possible for you to do a live trading video. I think by watching you live in the trading market, viewers can learn some techniques and learn from your trading mentality. Thank you !
Just want to stick to your videos as long as i can & learn more from u...
Thank u for ur much effort... 💜💜💜
You're welcome
Just finished an extraordinary class. Thanks Karen.
You're welcome
Thank you Karen.
I’m currently learning how to draw support and resistance lines, zones and to research and compare the different time frames, months , and years of a pair.
Hi Karen, thanks for wonderful lesson, I just found this video now and I would like to know if you taught about portfolio allocation I would like to watch it.
thanks
Thanx Karen you are the best. everyday I love forex more I see a bright future in forex trading. am watching all your videos and write down and learn learn learn. am sending my love to you from Tanzania 🇹🇿 welcome to the land of Mount Kilimanjaro. God bless you more Madam Karen
You're welcome. Bless you too
Fantastic video! Awesome lesson Karen.
Thank you so much for your compliment, Ryan :)
Dear Karen,
have a nice day , thank you very much for your videos , I appreciate for your person , thanks a lot.
Youre welcome!
.. As always, good & valuable information. Thank you ...
You're welcome
Dear Karen
This video should have a million likes, Karen good job. Please keep it up
Aww thank you Femi😊 I'm still a small youtuber so that's gonna take some time I guess
Thanks for sharing trading journey start up in details and in short freely. tonnes of thanks.
You are just fab Karen, I have fallen in love with your attitude, the way you teach. I was having a feeling that something is missing in my trading and now I know there are lot of things... I will be working on Market sentiments now....... Thanks.....
You're welcome. Thank you so much for your kind compliment. I'm glad this video helped!
thank you for sharing and reminding us over and over. more power
You're welcome!
Thanks you madam for guidance. I'm beginner. Help full for me.
Warren Buffett also said "If you think the stock market is easy, you are an idiot". There were so many idiots in the stock market, they buy high sell low and lose a lot of money, cause they have the poor man mindset which had doomed their own future. They also entered the stock market with the wrong mindset which is to earn money in the shortest time and took too much leverage which is a ticking time bomb. Anyway, as usual a great video with a lot of knowledge to learn. FYI, I'm not a trader but a long term investor, but I watch your videos cause they were very knowledgeable and realistic, not like those fake gurus who said we can earn a lot of money in a short time.
thank you so much karen, greetings from Tanzania,
You're welcome
Karen
Thank you very much for freely sharing this million dollar information,you are gradually changing my approach in learning how to trade forex.God bless you.
You're welcome!
That's great info...keep it up.
Thank you Ibrahim
Thank you for the video. Please do a lesson on portfolio allocation/diversification
I love your channel
Karen, One more thing you should have added in the learning process was "Backtest and Forward test" because this is something which literally helps you build our psychology in trading. Always love your vids
Lazly Antony thank you for your compliment :)
Wow very amazing tips ..thx so much mam ..from India .......I am big fan.mam
PRICELESS information.
Hi Karen thanx for your video s I'm learning you help me alot
Youre welcome
Karen foo you are great leader..lot of confusion and concept are clear with your guidance.
I like your honesty and faithful knowledge with the whole world community.
May you live long with your faimly . You are master and I like you very much .
I love you 😘❤️ my lovely master.
Take care of yourself.
Thank you for your encouragement. I'm glad that you like the videos
To be honest I've taken a lot from you Ms. Karen. Thanks & God bless you.
Bless you too
karen karen karen!, when i listen to you i feel i am already a millionaire.I love you,i love your lessons, i love your teaching skills....i am following you until i become another millionaire courtesy of you
Awww thank you so much 😊 I wish you all the best in your trading journey :)
10:33 😂😂😂....awesome video again thank you karen🔥
Do you get that sentence? :P Thank you so much for your compliment :)
Risk Management, trading psychology, and business aspects. Thanks for posting the video!
Welcome
Thank you Karen
You are amazing we love here in uk
Hi Karen, very good and useful video thanks !
To answer to your quation can you give us some books title for all these parts :
1) for Forex
- Technical analysis
- Fondamental analysis
- Risk management
- trading psychology , sentiment
2) For portefolio managment :
- Portefolio allocation (diversification , market analysis)
3) i think this part you could do it by video by some examples
- How to make a trading plan and to entertain a journal
Now with your agreement I have some suggestions, i think this video is a great introdution and a summery to all the knowledge we have to learn, so
1 )maybe it can be a good idea to develop each part with one or couple of videos (depending of the subject)
2 ) you can do this like a story :
a ) introduction to TA
b ) Introduction to FA
c ) inrodution to psychology
d ) introduction to Money management
e ) basic terminology
f ) how to choose a broker
g ) create a plan and felow it
h ) portefolio allocation
- how mush to whidraw
- which stocks to pick
- how to diversify
- how to follow the portefolio
i ) create a jornal and populate it
As I told the goal is to do some inroduction and "touch" the great concepts of each part, after that the fellowers can complete with some books you recommand, or we can ask you some questions and you can complete with videos ...
I hope i answered correctly.
Regards,
Jean
Or maybe do a search on my channel? Because it sounds like those videos are already done and made
This is just a fantastic public service you are doing to your subscribers and other of course , fantastic stuff ...thank you very much
Silva. I'm glad that I could be of help. You're most welcome!
Karen Foo you are top notch
Very informative.
Dear Karen,
It's hard to focus when one does not get results as expected but expectations are the biggest problem faced by new trader which I am trying to overcome currently I am on TA I have been focusing R/R without using TA but your life story inspired me to focus more on learning rather than thinking of earning your words are inspiring for a struggling person not only for struggling trader keep spreading these words.I hope I will achieve my goal in future and share with people as well.Thanks
Hi Kamal. Thank you for sharing with me your thoughts and journey. I get how it feels. I'm sure you'll be able to achieve your goals if you keep at it and learning from the right sources. Thank you for your kind compliment and I wish you all the best! :)
🤗
never rush, that's true I'm the beginner and it been weeks and I'm making progress 20 dollars per week is fine I'm still new I don't want to blow my account. thanks Karen you boosting my psychology
You're most welcome!
Best mentor ever!
I am learning so much here hey...
My take home from this video: have patience, never stop learning!
thanks for details I had missing some points like point2,5,7
and the best part I know head& shoulder shampoo and head and shoulder pattern 😁
Lol Haha you're welcome !
You are super funny. I love you!!
So sweet of you to say that
Hi Karen I am working in Saudi Arabia as beautician and I am 1 year now in trading my part time job, I want to learn from you more thank you for all the videos you made it helps a lot because so simple and clear not difficult to understand. Soon this will be my full time job
I'm glad that you could benefit from the videos
You can read minds Karen, enjoyed the video
I'm glad you like it
I learn a lot from you.thank you so much.
Glad to hear that. You're welcome!
Tnx 4 d honest advice we love u karren
👍
100% agreed,
Great video!
Thanks
I would guess you have done the Millionaire thing.
Your videos are very good. I am still learning. 3 years and 1 month studying Forex and still learning. I am getting it.
I decided that anything I can be that bad at, I can learn to be that good at. I am getting there.
Thank you!
What's the update now
@Karen mam you're doing super work by sharing such an expensive knowledge on a public platform for those who cannot YET afford. May many more like me get inspired by you and you keep rocking and doing great in life. ❤️
Yours faithfull student
Anish Phadtare.
It was perfect and very informative. Thank you so much Karen.
You're welcome
You are so amazing. You are very prompt in replying.
I am now your new subscriber. You are truly a super woman. I really appreciate your efforts in helping hopeful forex traders become successful forex traders, You are 1 in a billion indeed.
Hi Karen, great content and detail on your channel for FX traders. I have a question regarding true STP and ECN brokers. Is there any brokers you recommend for us to use? I'm sure many of us would like to work with tight spreads especially as scalpers, there are many brokers who claim to be STP but actually hedge your trades so its not always direct to the banks. Also it would be amazing to see you trade live someday i think this will improve your audience. keep up the great work :)
Hi Malek. I've already done a detailed video on choosing a broker.
Thanks a lot
Tq master... best best best!!
You're welcome Paul ! :)
thanks so mush
I’m learning support & resistance. How to draw them. & how they relate to different time frames. Candlestick patterns. Which ones signal a reversal & who’s in control. Buyers or sellers.
Yes pls do vid on diversifying
Thanks for golden info
Welcome
Thanks Karen
One of the best teacher Karen 👍
Thank you
Karen Foo you are absolutely right ✅ Forex is learning and also mastering these by heart and dynamically applying them , thank you 😊 🙏 For your effort to reach out and provide direction this advice is the only indicator a serious person needs to make it , the indicator of learning and applying experience, again Thank you just a side note I think you would look more beautiful with long hair lol just a thought ...
Thank you my Teacher
You're welcome
Karen,Thank you 😊 From Pakistan 🇵🇰
You're welcome !
u earn urself a subscribe , keep up the good work ! we need to learn more about economic lol 😂
Hey Freddy. Thank you so much for supporting my youtube channel. I appreciate it :)
" If you can't find it , too bad. I'm not going to find it for you ." rofl You're the best !
I'm not here to serve lazy entitled people :)
@@KarenFoo I know and I don't blame you. I love your humor, and along with your style. I think you're awesome.
Thank you Again
You're welcome Alexander !
Excellent video
😀👍