Worst TRADING MISTAKES And How To Fix Them

Learn how to make anywhere from $4,000 to $6,000 per month trading forex
👉swingtradinglab.com/yt/
FREE TELEGRAM: swingtradinglab.com/yt-tg
MY only instagram VERIFIED are @ fxalexg and @ swingtradinglab
I would have become a profitable trader before time if it wasn't for some mistakes that commonly beginners commit when they are starting in trading.
Even if it's about a learning curve that you need to process, there are some tips and mistakes that I did that I can give you to avoid losing your time, and reach your goal of being a very successful trader in record time.
Watch the whole video and learn more about these mistakes.
Most Common Trading Mistakes that Beginners Make...
00:00 Intro
01:18 Only Focus on One Market
03:17 Find one Mentor
05:32 Stick to Your Trading Plan
07:22 There's no Such Thing like Getting Rich Quick
STANDARD DISCLAIMER:
The foreign exchange market and currency trading is highly speculative in nature and as such, currency prices may become extremely volatile. You may sustain a total loss of your funds.
Foreign exchange trading carries a high level of risk and may not be suitable for all investors. Always consult a financial professional before making any investment decisions.
It is possible you will sustain a loss of some or all of your initial investment. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results.
Individual results vary and no representation is made that you will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, andSwing Trading Lab LLC and/or Alex Gonzalez.
For further information, please review our Terms of Use, Privacy Policy, and Risk Disclosures.
CFTC RULE 4.41- Hypothetical or simulated performance results have certain limitations.
Unlike an actual performance record, simulated results do not represent actual trading.
Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, including but not limited to, lack of liquidity.
Simulated trading programs in general, are also subject to the fact that they are designed with the benefit of hindsight.
No representation is being made that any account will or is likely to achieve profit or losses similar to those depicted on the swingtradinglab.co website.

[@harenalang5891]

Risk management is Top tier key for successful trading. When trading forex,you must be ready to lose because if you don’t know how to lose you will never learn how to win.

[@KennisTray]

Yes you must be ready to lose, But then losing doesn’t guarantee you earnings. if you want to win when trading, Focus more on trading when there is liquidity likewise you should be able to evaluate good market entries and exit.

[@estellaevelyn5971]

It is okay to encounter losses,long as learn from your mistakes and improving on your techniques

[@nicholasroy9855]

The reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management

[@FortMalik]

@KENNISTRAY Getting to spot the right market entry and exit has been my major setback for me. How do I spot good market entries and exit when trading?

[@rogerzolsen5531]

@FORTMALIK Most times, it requires the supervisor of a trading specialist to detect good market entries and exit. I really don’t have to worry about market entries and exit because I trade with trading specialist Brad.

[@hortonlsx]

Alex your one of a kind bro. I been in trading about 2 months and I’ve done nothing but lookup , respect you for all that you do for your community. I am trying to get some funds put away to join your set & forget program and I’m dumb excited. Probably won’t be for another month or so but I will be joining!! Thank you for all You do man it means a lot to so many of us and a lot of us would not be where we are today without you. You have no idea. Super excited to get working with you coming soon.

[@mohamedruman7465]

I`m new to the forex market. Every stocks that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the opportunities so far. I believe having $450K yearly income would be a good investment so I want to plug all my savings into the market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good asset to buy and losing all the good opportunities.

[@mikehammons2608]

Even with the right technique some investors would still make more than others, as a Capitalist, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to an adviser for management which was how I was able to grow my portfolio tremendously.

[@mohamedruman7465]

please may I know the advisor assisting you and how do I reach out to your Fiduciary?

[@mikehammons2608]

I usually go with registered representatives. Christopher David Pecktol for example has the best performance history (in my opinion) and does offers 1v1 consultation to his capitalists which I think is amazing.

[@mikehammons2608]

He's mostly on Telegrams, using the user name

[@mikehammons2608]

@PecktolChris79, that's it

[@BOOYAANZ]

Thank you for keeping it simple, easy to understand !

[@makensonlorgeat7815]

Thank you for these words bro I needed that🙏

[@coreyburns7744]

Wisdom to live by as a trader.... Big Ups ❗️💯

[@christopherlampkin1367]

I'm sticking with you😎👊🏾

[@imranullahlemar1427]

Thanks ALEX ! the way you teaching is awesome.😇

[@jbmarsico]

thanks! man you are changing lives!

[@SirJamesPlayz]

You are the only person that explains theese kind of things at such a easy way like my English isnt the best and i see some youtubers use the biggest words while explaining this so i stopped watching them keep up the good work alex. I will for sure become a successful trader 1 day if i stick to your advice and what you learn us

[@Valzeth]

Thank you Alex!!

[@user-fz6bq3yv2q]

Hi Alex,I'm from Philippines,..I'm an avid fan of yours..thank you for the learnings...❤

[@Kris-qv4yi]

URGENT. Guys, I just wanted you to know that Jesus is coming soon for those who sincerely believe in Him and will bring them to safety in heaven. Jesus is the son of God, our Lord and Savior. He chose to suffer and die on the cross, saving us from our sins and eternal death. Believe in Jesus with a genuine heart and receive eternal life from God before its too late. Time is running out. The world is falling apart and tribulation (judgement of God) is about to begin. Please dont get left behind. JESUS LOVES YOU SO MUCH.

[@tokiyoee544]

Ty g

[@StayUpFx]

thanks . bless you , i hope you are getting as much help as possible

[@4megabite]

Why Jesus is his shield and always be​@@GoldenAnimesh

[@4megabite]

That's very true and God bless you for sharing the coming of our savior

[@COD-t9n]

Our God is Allah only And He(Allah) is alone only king of all universe We all are slaves of him Allah is the greatest

[@johneng1353]

Great advice, thanks!

[@user-bg8np6lb6k]

Thank you Alex!

[@edsoncedric6861]

always alex keep us in touch👌👌

[@Yungkutloano]

Much appreciated!!!

[@CrezeurJack]

Thank you alex! Please make a video talk about leverage and risk management how to count it i really confuse about this

[@mr.frostynugz7362]

You're my mentor playa 💪🏼

[@balabancan]

Thank you old man, for changing my life. :))

[@adeebnasir6796]

Hey Alex I really appreciate you putting out this information. It’s helping me save time trying to figure things out on my own. It’s nice to hear from an experienced person in the field with the kind of results you want who’s also a good guy! 👍

[@FX.KILLERZ]

I’m a trader just like you, on the same journey, doing vlogs as well😎👊🏻 keep up the good work

[@technologytechnics81]

Thanks You for this video🎉😘

[@user-fb6vx3xc7p]

nice reference to language learning, on the $

[@kabanjeernests2736]

Enjoying every single video..

[@nikolaiaugust1825]

Jo been testing your set and forget strategy with paper trading for the next few months will keep doin it until I reach my goal and then I will use my own money to do it once again, only sticking to your approach already made me good gains with the paper trade account

[@allthingssummary9958]

Thank you Alex alot, especially for how transparent you are and you explanations on your trades in your videos. Can you please do a discount for your set and forget strategy. doesn´t matter the percentage to kick of the new year ? 🔥🔥🔥

[@TakudzwaMakasi-vm6gx]

Always Dropping Gems 💎 ❗❗

[@user-je6xe3kq2n]

Thank you very much! It would be great to have you as my mentor

[@larryjay3677]

I found your videos at the worst time of my life and I must say, you are my most favourite KZbinr, you have no idea the change you have just brought in my life, after being scammed multiple times trying to have extra income. I appreciate you so much. And may God continue to bless you for being such an amazing soul. Thank you Evelyn Hill.

[@charlottegrace5695]

Yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.

[@Sophie23153]

Such market uncertainties are the reason I don't base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I've scaled up 750k within 2 years.

[@jeffbenjamin6561]

Inspiring! Could you give little guide on how to invest in a healthy way as you are doing now?

[@isabellabrown5780]

+147

[@isabellabrown5780]

09 06

[@NomadGains]

Yes I started seeing progress when I sticked to you Alex ❤❤❤❤ I'm so greatful 🎉bless you Hero 💪

[@estxfania]

Thanks for your wisdom Alex! Awesome tips as always ⭐️

[@oladayoaremu2869]

Thanks for this talk

[@luckyl3p7o]

i am starting at ground zero just made a demo account and made the first trade yesterday, i have found my mentor. trying to overcome some of this curve on the demo and learn that way love the videos and advice

[@umarzulfikar3032]

Who’s ur mentor

[@banginzaza]

Yes! Focus on one market. Indices were fun and all. I found out I like Forex better.

[@rezavanschalkwyk1361]

Thanks bro💎💎💎💎

[@DerrickMansard]

Engaging in active trading versus long-term investing requires unique strategies for maximizing returns. Active trading involves frequent buying and selling of securities, aiming to capitalize on short term market fluctuations. On the other hand, long-term investing focuses on holding assets over an extended period, leveraging the power of compounding.

[@demetriussullivan4088]

Absolutely, the key to successful trading lies in a well defined strategy and execution. Whether you’re a day trader or a swing trader, having a plan that includes risk management and exit criteria is crucial. It isn’t just about making profits but also involves minimizing losses and staying resilient amidst market volatility.

[@leongrant7439]

Speaking from experience, I’ve been actively trading for the past 5 years and have made substantial gains.

[@leongrant7439]

With careful research, analysis and execution, my portfolio has grown exponentially.

[@leongrant7439]

I have racked in almost $550k….

[@virgilludwig]

I’m intrigued by your progress. Could you share some insights into your trading strategy or perhaps recommend any specific resources or mentors that have led to your success.

[@Brando_Yancey]

Thanks Alex

[@BUDIHARTONOCIJANTUNG1]

Thank you

[@doirking]

I am 17 started trading 5 months ago studied day and night read books and journal got frustrated so many times after lossing too much but this is my 5th months and right now I have made back 80% of my losses with consistent profit could have made a lot but I am trying to stick to my rules I have mastered my strategy and risk management I just need to fix my emotions

[@SirJamesPlayz]

Give it a bit more and you will become a successful trader 1 day I'm still learning myself

[@PaulsWindowCleaning]

What type of strategy do you use?

[@thafimulislam9542]

Where do you learn it bro ?

[@danacismas8258]

Great advise,thanks, you should do a podcast with Luke Belmar🙏🙏

[@supermusicstudio7485]

Only subscribed to you channel a couple of weeks ago but your videos and presentation of self have improved 1000% since watching your earlier efforts. Big respect because these videos have become properly educational and informative without all the usual YT hype BS👊🏻💥

[@malikdixon2104]

You talk raw facts

[@mrmegatron8631]

Awesome 🔥🔥

[@LegitAirdrop250]

Nice one Best explanation Thanks sir

[@realabasidofx]

Nice one

[@sonalimadushika8957]

I just completed The5ers's first phase challenge, and I frequently use silver bullet.

[@Felicia1122]

I agree. This is true.

[@kennyullrichkelly919]

the goat alex!! i'm kenny from rwanda

[@elenaotayde5118]

Thank you Alex for nice teaching explanation of your trade,I'm from Manila Philippines yes I understand that because I always learning ,but I'm not making money because I don't know how to earn and start up,I'm the one of worker but I'm happy to lestining about trading,,

[@lucianperera9765]

I use price action and supply and demand to trade stock prop account with TTP.

[@mduduzixulu2570]

My inspiration but may I ask does the setandforget strategy work on the GBPUSD pair?

[@emanuelribeiro1224]

very good ,

[@abbiefloresss]

I’m coming for you Alex, it won’t be over night. BUT just know I’m coming 📈😇

[@R3ziFx]

Goat 🔥

[@alfieluo5734]

When you trade, what leverage do you trade at?

[@Playboyedd]

Yeo Alex ima start with 100 and see how far I can take it with what you teach 😤

[@rahuljis6465]

How is it going?

[@harshukoli145]

Nice bro you are doing great job ❤❤❤❤🎉🎉🎉🎉🎉...mmm

[@A.D._G3M]

What’s sup Alex!! Man I hope I get picked for the free course I’m saving up for it now but if I get chosen I’m buying you a Rolex first 100k I make 💪🏽🔥

[@faithazubuike3926]

My brother's namesake ❤️❤️❤️

[@berndderyck3484]

Hope to get your course been saving up for it, but it takes a long time. I hope I get it to change my life in 2024 and beyond

[@fx_raj]

Do you want his course? I have it, I can give it to you.

[@thafimulislam9542]

@@fx_rajhey can you give it to me ??? I’m desperate for it. I can give you a course too for helping me out

[@anezkabruzkova2765]

May i have as well? @@fx_raj

[@wanderunner8971]

What is your leverage on your smaller account?Thank you

[@hinicetomeetyou8292]

What’s the best app or service to use for trading ? And what do you recommend for a beginner to start with for forex ?

[@imransadiq1]

what broker does he use?

[@manchesteryoutube2108]

1st. Have I won anything??

[@timilexis7408]

Hey boss... Me and my team will appreciate if you could do video of price action retesting...

[@topgmotivation-tv5ys]

is there any thing stragey you can give

[@felixandrew1781]

Great explanation as usual! Btw, I find it crazy that a lot of traders do not know what a trade signal is. Well, a trade signal is basically a trigger that indicates when to buy or sell...

[@MirabelAnderson522]

I couldn't agree more. Trade signals are the backbone of my trading strategy. I've had good experiences using them. I currently have a reliable source, but I'm always open to exploring new options.

[@felixandrew1781]

Same here, i like to experiment with different options too but Wealthwise Capital has caught my eye lately. Only discovered them a while ago and it didn't take long to hit my first 10K. Who would have thought trade Signals and the right Stock picks were all i needed lol

[@MirabelAnderson522]

Wealthwise capital sounds familiar... i'll look them up

[@BigBullTrader__]

Big fan ❤

[@DiheinWickramarachchige]

As a 13 year old I see this as a win

[@U.M.U.S.H.I.N.G.O]

The G.O.A.T Himself 🐐🐐

[@briankim1360]

Can u lose more money than what you put into your account? In other words, can u be in debt because u made a bad decision?

[@nhd_puff]

I like how you are monitoring the bots in the comments

[@badboytv3069]

first😊 i hope i will be pick to be given free trading capital. thank you GOAT😊❤

[@letsgoguys20]

Hi Alex, We are always comments here asking about 😊😊😊#Setandforget

[@user-kf2im9tb3z]

Alex I've wanting to ask this question nd it is what broker do you use ?.......nd how has the journey with that broker been yes i see the cars nd the houses can you please let me know cus i am a beginner nd i need a broke that will help me with my journey To be honest you are the person that introduces trading to me so i wanna follow ur steps

[@user-ik4mf3fl7h]

How do we sign up for your mentorship program?

[@mohwarsame1938]

i had a problem buying the course is 1599 but the total is 3450 some like this i don't know what is the real problem i contact but no respond

[@Wendoc]

can a person be a success in trading by learning it only from KZbin..

[@richardvalle4164]

Hey alex, is your #setandforget program for beginners???

[@Royal18909]

Definitely locked

[@WorldmartStore-ny2dm]

i was not able to join,what should i do

[@Ace62749]

Hey bro, I just turned 18 and paper trading for a while. I looked at your course and really wanted to join it to learn more, but it was too expensive for me.

[@fx_raj]

Do you want it at 90% discount

[@anezkabruzkova2765]

Please i want can I? @@fx_raj

[@LucasGemmell]

day 1 of asking alex to increase his posting to 3 videos a week. Everyone who sees this repost.

[@BrendonFX]

Time stamping my comment so I can come back when I’ve made it 😈 only up from here

[@walterharris6311]

Do you ever have sells on your membership?

[@fx_raj]

His course is 90% off

[@ryanmaledu4993]

Yea you totally right. Started trading in 2020, traded synthetic indices, indices, metals and forex. Was a mess, all of the place. In 2022, decided to trade nas100 only, I improved. 2023 focused on nas100, Us30 and gold, been good. Been taking your guides and knowledge from your videos to push me forward, I'm really improving. In 2024 definitely getting in the swingtradinglab. All the way from South Africa. #setandforget

[@ricardojunior429]

The same thing is happening to me. May 2024 be our Year!

[@madridforlife2194]

🐐

[@kubavalany6167]

How i can be your student?

[@rezapourmaryam1653]

👏👏👏💐

[@Quueen16-fd4lh]

I need someone to help me with side I keeping on fail

[@ajay_forex]

HOW YOU COICE PERFECT PAIR PER WEEK

[@IvanMalisic-yv9pz]

Can u be my mentor

[@actualwords2661]

Idid 3x 😢 and i got ego

[@ahmedali10s]

I’m trying to learn more and more about forex every single day but I still have some questions and the most important one is: Let’s say I don’t have time for studying charts and I’m someone who doesn’t know when to buy and sell can someone let’s say who had made profits and knows what he’s doing tell me when to buy and sell is it profitable. The second question is. There are lots of different platforms and I’m using meta trader 4, does every platform has its own market? What I mean by that is every platform has its own prices and fluctuations?

[@fx_raj]

1. No, trade signals won't have the same emotions. You will struggle to hold through drawdown and will close early in profit. You'll loose confidence if you go through a loosing streak. Signals just don't work. 2. No, MT4 is just a platform and you connect your broker to it. It'll show you feed from whatever broker you connect with it. 3. If you don't have much time, swing trading is for you. Spend a few hours on the weekend to analyze charts for the upcoming week and you just need 20-30 mi utes every day for the rest of the week. If you want Alex's course at a huge discount, let me know.

[@ahmedali10s]

@@fx_raj thank you for your response. I wanna ask you 1 more thing I’m going to start with 100$ what is the best strategy for making as much profit and when looking at charts what time frame should I use?

[@fx_raj]

@@ahmedali10s Swing trading strategies are best for low capital accounts, and they generally have a higher profit factor than day trading or scalping.

[@fx_raj]

@@ahmedali10s If you only have $100, practice demo for a while, then try and get a funded account with FundingPips. $5k account costs $32 so you can try thrice with your capital. Alex's strategy is great. I would recommend you to invest in your education first, otherwise you waste a lot of your time, and maybe even your capital.

[@Redscar89]

Can you get me Alex course at a discount ?

[@user-vb5zo2ej8q]

BRO PLEASE STOP THE THE DISCORD NOTIFICATION ITS SOO ANNOYYYING PLEASE

[@mejjmdmj3757]

Oh man, I didn't find anyone, his good deals, I tried a lot and lost a lot, can you help me? I don't think so.😂😂😢

[@fx_raj]

Do you need his course?

[@LearnColoursNumbersLetters]

Yes I truly would love his course, but it’s a lot of money, I would give back when I can if u would be so kind ❤

[@LearnColoursNumbersLetters]

@@fx_raj did u purchase his course? Is it worth it? A lot of money I can afford at the minute

[@fx_raj]

@@LearnColoursNumbersLetters Yes

[@Daniel719prime]

I have the course on telegram, if want you want I give you

[@lilsaby4227]

I trade since 5 months and i dont have 1 strategie i used 3 in one i need a mentor

[@fx_raj]

Get his course at 90% discount

[@user-ow3yt8ho9b]

عالی

[@johnnysacs69]

goat

[@Luleko758]

🔥 📛