10 THINGS YOU NEED TO BECOME A MILLIONAIRE FOREX TRADER

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: [e-mail]
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.

[@EldanLoh]

"Fear of Winning too much money." LOLOL. True story.

[@KarenFoo]

Haha yes that's like fear of success :)

[@gayanrodrigo6637]

such a expensive lesson by public video ??? Karen, I'm always gratefull to you.Good luck !!!

[@KarenFoo]

Gayan. I'm grateful to have your support as well. Good luck to you too :)

[@sis5318]

Head and Shoulders shampoo 😂🙌🏼 love how you educate! So happy I came across your channel 🤓

[@blam9346]

I love how your intro clips are straight and to the point lol. Not like others who have like 30 second intro videos.

[@KarenFoo]

Thank you. I know what it feels like to watch videos that took forever to get to the main content :)

[@romananthems9792]

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.

[@headstrong1020]

Currently learning candle sticks, and studying their patterns so that I know what to look for.

[@kinglone9720]

Pattern don't really work much sometime candle sticks but price action is rhe best strategy

[@leoleo3946]

😂😂😂😂 Every time I watch your videos i end up laughing but still learn a lot. Thank you Karen.

[@geoffaitken4379]

Thanks Karen, I just signed up for a course on fundamental analysis, on Udemy, Definitely a weak point in my game!

[@AyOuB.God-soldier]

Lol I don't use a Head and Shoulders shampoo 😂😂😂😂😂

[@stikerjean57]

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

[@orebabalola1849]

Hello Karen, you are just a definition of who and what I call a pro.. It takes a pro to know a pro..

[@afmthderaghazikhan8971]

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.

[@KarenFoo]

Thank you for your encouragement. I'm glad that you like the videos

[@bigpapi100]

"head and shoulder shampoo"😂😂😂😂

[@faridulislam969]

How sweet and very clearly explained. That's why I suggested all to subscribe to her channel to become successful trader

[@whis5448]

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.

[@simplemind7]

20 percent is TA/80 is fundamental and anyone selling you dreams with flashy indicators has a conflict of interest with you, however psychology plays a huge part especially 'fear'. Within the interconnected market, you need to add the S&P 500 which is a leading indicator in itself, also the bond/yield, and depending which currencies you are trading you'd also need to look into the commodity market. Institutions seek volatility as well as most traders just focus on the EUR/USD and the AUD/USD is more volatile than the EUR/USD, and this is just the tip of the iceberg lol

[@KarenFoo]

Thank you for sharing your insights!

[@suma9684]

7:47 Yes please!! you're such a kind and caring person, we highly appreciate your effort in teaching us, Karen.

[@KarenFoo]

You're welcome!

[@24hrdiner]

Yes pls do vid on diversifying

[@superchoacolate]

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

[@Josephdamulira3]

Hello Karen help me I want to know more about TRADING PSYCHOLOGY thanks I LOVE YOU

[@Josephdamulira3]

Hello Karen help me I want to know more about TRADING PSYCHOLOGY thanks I LOVE YOU

[@badamdorjtsagaach]

I just trying to learn FA, Sentiment VIX, COT, (7 is very new for me). Actually I do not understand well. And what is basic terms? And always thank you.

[@kabza90210]

Thank you very much Ms Karen for the amazing content you are sharing. LUV U❤❤❤

[@soocheehoong7494]

I can c u r willing to share and I want to learn your stuff.

[@atelierstudios7761]

Karen. You go girl! Risk Management Video? You not gonna find it for me? Shit! Lol! You are the Bomb!!!!! I love your teachings!!!!!!!

[@KarenFoo]

Haha sorry. KZbin search bar is there for you to use 😅

[@atelierstudios7761]

@@KarenFoo No problem Karen. I absolutely Love your videos!

[@ajayigabriel]

Hi Karen, I appreciate your good works. Please I do not get the website that you recommended (9:15 min) for us to google. Thank you for anticipated response.

[@DCN8IV1]

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.

[@anthonymuchiri666]

😂😂 “I don’t use head n shoulder shampoo “

[@anoshgavit5379]

Thanks you madam for guidance. I'm beginner. Help full for me.

[@markburton9712]

You're a cracking woman! Have a smashing 2019! God bless. M

[@KarenFoo]

Thank you. Bless you too

[@ibangevat.v9812]

I’m starting to learning now😊 thank you so much! For the effort in sharing your knowledge to us!❤️

[@materesahilis6099]

hello karen. im 53 yrs old new to trAding. started a mo now. im learning momentum moving average level. far far to go. im patient though . idont know what i dont know so i dont know what to ask. just taking in everything and in time they will fall to their rightful places. they will, right? thank you for all the inputs . i dont know what i dont know but i feel youre one of them who knows what they are saying. God bless.

[@nycblackhoney]

Thank you Karen this was a very good video. 🙏🏾

[@bellaolum9768]

My take home from this video: have patience, never stop learning!

[@stikerjean57]

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

[@KarenFoo]

Or maybe do a search on my channel? Because it sounds like those videos are already done and made

[@rajvindarkaur8066]

Wow very amazing tips ..thx so much mam ..from India .......I am big fan.mam

[@odianakenneth]

Sorry to say this karen Most people are not interested in what you are saying All they want is how to make 10k daily Believe me, i meet people like that everybody

[@johnvideovlogs]

I have learn candle stick pattern from your mam it's very good but what is the best amount to invest mam?

[@dojelaed1962]

Thank you very much yor pedagogy style is wonderful

[@mikebertram619]

" If you can't find it , too bad. I'm not going to find it for you ." rofl You're the best !

[@KarenFoo]

I'm not here to serve lazy entitled people :)

[@mikebertram619]

@@KarenFoo I know and I don't blame you. I love your humor, and along with your style. I think you're awesome.

[@dojelaed1962]

I'm using shved supply and demand for technical analysis

[@VishalVishal-zu1eh]

I am working on my trading physcology ,the hardest thing ever in trading.

[@territory076]

Wow this trader is wonderful, but i cant see what she is writing , the subtitle in covering what she is writing. Hope there will be a solution on this.

[@kahi4402]

u sound singaporean and i like it

[@KarenFoo]

I live in singapore:)

[@nodirasattarova4398]

Karen coud you tell me which thing do i need to choose, whether it's forex or binary options

[@mdborhanchy4275]

Just want to stick to your videos as long as i can & learn more from u... Thank u for ur much effort... 💜💜💜

[@KarenFoo]

You're welcome

[@gautamawhad528]

Thanks for sharing trading journey start up in details and in short freely. tonnes of thanks.

[@tradeplaylist]

Hi Karen, do you trade binary options? Can you give your advice on that?

[@dianarosemutakyawa]

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

[@KarenFoo]

You're welcome. Bless you too

[@decovusi9696]

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

[@KarenFoo]

You're most welcome!

[@rosiescollections1762]

Thank you Karen, I very new I have not start yet, I want learn to understand it more before.

[@orebabalola1849]

Have you done a video on how not to crash your account..? Or do you still crash your account as a pro..?

[@charlesthomas2152]

I am so glad I found you..this is what people don't tell you..

[@edwinbab3205]

Should one play golf after becoming millionaire?

[@GauravSharma-uk9om]

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.....

[@KarenFoo]

You're welcome. Thank you so much for your kind compliment. I'm glad this video helped!

[@esarare2312]

amazing video, i like that you go straight to the facts and dont bullshit the viewers. That badass mentality is super attractive!

[@KarenFoo]

Hey Johnson I'm glad you like the video.😊

[@esarare2312]

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 !

[@6theseeker]

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 :)

[@KarenFoo]

Hi Malek. I've already done a detailed video on choosing a broker.

[@lightkirsche]

PRICELESS information.

[@dupembaelisabeth7874]

For me is to 6-10,lpz,can you prepare it ?

[@jamshaidsalas8457]

Hi, I am right know just working on technical analysis as my target is 15 to 20 pips. And for that I calculate my position and risk up to 2% of my account. And my risk reward is mostly up 1 to1. 5 and some time 1 to 2. I Have success in it. But I want to raise my level by working on fundamental and for that what should I do? Regards

[@jamshaidsalas8457]

Jarwanto HI, in news trading there is slippage problem. As market is volatile at that times. Though I know the news stragey but I don't trade during the news.

[@KarenFoo]

Jamshaid. You can start by watching all my fundamental analysis videos

[@saeedbraimah1451]

Thank you for this lesson keep it and you will be know world

[@coachndesh]

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

[@KarenFoo]

Awww thank you so much 😊 I wish you all the best in your trading journey :)

[@yasurfer]

Karen why are I'm not millionaire?? :D :D

[@annemugamangi8552]

Very helpful thank you very much.l am encouraged because l was wondering what is wrong with me because all l see are successful traders.....I don't feel bad anymore.thank you

[@KarenFoo]

You're welcome

[@sumyachowdhury7687]

Hi.i need you letcher pdp file but forex i am new.

[@zeenatg2301]

You are amazing we love here in uk

[@rachealnalwanga8327]

Please tell us about portfolio diversification

[@zeenatg2301]

Hey can you cover more on money management

[@feruzaabdukhalilova4658]

Hi Karen I am really excited to learn more and more from you, but I am facing a problem with my brockers, I am choosing wrong trade market companies 🤕 please guide me

[@KarenFoo]

Broker links under my broker videos

[@johnvideovlogs]

And I don't mam how to read fundamental analysis

[@felixumeh4534]

Am working on fundamental analysis now

[@agmamazinggraceministry3583]

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

[@KarenFoo]

I'm glad that you could benefit from the videos

[@rcajayon]

Nice video.... Would it be possible for you to create a video in diversifying one's portfolio? Many thanks

[@KarenFoo]

Noted on your feedback

[@ugochukwuonweluzo1584]

Pls do a video on diversifying your portfolio.

[@rachelnghifewa5908]

Thank you very much for the video.

[@anishphadtare6781]

@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.

[@tradersacademy4174]

the best line I don't use head and shoulder shampoo

[@dojelaed1962]

Yes I diversify my income I'm also a farmer

[@AlphaJunior1988]

My dream is to see you in Dubai teach me about all this

[@Panda299]

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

[@kylerivenalmeria4673]

This video helps me a lot, thank u, 😊

[@chamodhsamaranayake9415]

Thankyou for educating us. I'm learn lots of things from you. ❤️

[@mszari-cd2pr]

Lol google it..😆

[@KarenFoo]

😅

[@Evergreen-trader]

Thanks so much for this lesson. Karen please I find it difficult to get the name of the website you recommended in this video, can you please do me a favour by commenting it below or in your description please 🙏🙏🙏💗💗❤️

[@jeremiahroopchan1864]

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 ...

[@msikabopha3415]

I am learning so much here hey...

[@Frannamdy]

Please do a video on Diversification

[@nycblackhoney]

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.

[@bikrantbiswas8314]

Eeh Muhh se Supari Nikal ke baat kar re baba ...

[@KarenFoo]

What are you working on right now?

[@mwitistanley7447]

Karen Foo on learning advanced tactics to tackle forex !

[@jacksonhaynes671]

Price Action Trading! Learning how to read a market before using indicators.

[@KarenFoo]

Stanley. All the best to you!

[@KarenFoo]

Jackson. Thanks for sharing :)

[@KarenFoo]

Christopher. All the best to your learning journey!

[@leaharellano6771]

Fortfolio Allocation mentor karen pls.. love lots from Philippines

[@KarenFoo]

Thank you

[@abglamour5941]

Please do video on diversification portfolio 🙏🙏🙏🙏🙏🙏🙏🙏

[@KarenFoo]

Ok

[@deandrecalixte2115]

Trading psychology

[@mirghaniahmed5381]

" I Will go live tomorrow, because im that talented as a trader " LOOOOOL I cried laughing so hard . If people only knew the gems in your videos , I really appreciate you for this videos/tutorials !! Keep at it Karen, ur an amazing soul !

[@KarenFoo]

Haha 😅 thank you for your kind compliment!

[@lovepreetkaur5716]

Risk management and money management

[@BullishDota2]

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.

[@ndukulusudikucho_]

thank you so much karen, greetings from Tanzania,

[@KarenFoo]

You're welcome

[@kingceaseforever]

Hard work beats Talent

[@narutoexplainedinhindi7072]

Hey!! Thanks a lottt! 🤗

[@gholamhosseingorgin4799]

Perfect and thanks 💙