Forex Education: To live like a king, trade like a rat

Rats may be disgusting rodents, but they are masters a learning habits. Traders need to create good trading habits by trading near levels that they can see, where risk can be defined and limited. Yet many choose not to create good habits. In this video. Greg Michalowski, Director of Technical Analysis and Client education, explores creating good trading habits and explains why if you want to live like a king you need to develop and follow good trading habits - just like a rat. SUBSCRIBE TO OUR EMAIL LIST! http://forexlive.us7.list-manage.com/... LET'S CONNECT! Google+ ► https://plus.google.com/1026488501294... Facebook ► http://facebook.com/forexlive Twitter ► https://twitter.com/ForexLive Linkedin ► https://www.linkedin.com/company/fore... High Risk Warning: All news, opinions, research, data, or other information contained within this presentation are provided as general market commentary and do not constitute investment advice. ForexLive expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. I created this video with the YouTube Video Editor (http://www.youtube.com/editor)

Comments

1. Great explanation I like the reward of course the big cheese but the analogy of the loss and little cheese
2. very interesting concept. I love it #Forex_education_support_and_resistance_levels_in_forex_trading
3. This was fun. "Be the Rat". lol. I wish there were more tutorials that used cute animals as metaphors. Thank you for the fun, informative and thoroughly enjoyable video. ♥
4. Great video, exactly What I have been saying for years except on the first point about Momentum in his Define and limit risks part. I am using a more robust cue base on price momentum than those he mentioned in his video.
5. great stuff Greg as always, thanks for putting so much time into this !
6. thanks Greg I really appreciate your videos,  btw I enjoyed your book too :)
7. I have a new video and a favor to ask you.
   
   I want to take more time for education.
   
   I love the market and I get caught up in the day-to-day moves of markets and all the excitement of being a trader and analyst. It happens to all of us at ForexLive and we don’t take enough time to explain and teach.
   
   Trading education is something that I can talk about all day. It’s my passion.
   
   It’s something I want to do more often. Me and the other analysts here love to respond to comments but we’re often overwhelmed by the amount of questions we get from traders. We provide more forex information than pretty much any other source and we want to take the time to help you understand it from every different angle.
   
   We’ve been working long hours on some solutions.
   
   This week, I’ve made a couple videos where I focus on education and I’d like you to check out the latest one and let me know what you think. It’s called ‘To Live Like a King, Trade Like a Rat’.
   
   I spent a lot of time to put it together so please do me a big favor and like it, comment on it or share it with someone. I'd also love to get some feedback on the kinds of things you would like to learn from me and other analysts.
   
   We also have a new newsletter that's completely free and focuses on education. Sign up at education.forexlive.com/signup and from time to time I'll send along something that will make you a more-profitable trader.
   
   Good fortune with your trading,
   
   -Greg
8. Another great vid Greg - thanks.