tubetranscript.io

fxalexg · Transcript · · Updated

The Trading Industry Will Hate Me for This FREE 10+ Hour Course – Transcript

Video by fxalexg · Watch the original on YouTube

Summary

AI-generated from the transcript. Verify details against the source video.

  • The foreign exchange market is decentralized, is open 245, and moves anywhere from 7.5 to 8 trillion daily.
  • Technical analysis determines whether to buy or sell the market based on reading candlesticks, price action, and charts.
  • Proper risk management is what allows traders to successfully scale and flip smaller accounts over time.
Video thumbnail: The Trading Industry Will Hate Me for This FREE 10+ Hour Course
Source video on YouTube · Transcript generated automatically and may contain errors.

Use this video with Pro

Reading, copying and transcript downloads are free. Create saved AI results for this video with a signed-in Pro account ($9/month).

Transcript

Search ignores accents. All transcript text stays visible.

Welcome to the final class. This is going to be the final class that you will need to watch in your whole entire trading career to understand how to trade. I'm talking about in this 10hour video, I am literally going to teach you from zero to 100%. From the point that you are literally going to be able to execute a trade with me inside of this video live. Whatever I do on my phone, you pause the video, you do it on your phone. Whatever I do on my chart, you

pause the video, you do it on your chart. I'm going to take you through the most stepbystep process that I have personally ever created or ever even seen online on a complete tutorial on how to teach you trading from zero to 100%. This is everything in one spot. I swear to God, I wish I had this video when I started my trading journey back in 2019 2018 when I was learning how to trade online. Nobody created tutorials

like this. There was a bunch of different videos throughout the whole entire internet and I kind of had to piece them all together. And by the time that I pieced them all together, I simply had an information overload and I didn't know what I actually needed and what I didn't actually need. In this video, I'm going to teach you everything that you need and I'm going to briefly explain to you what you don't need so you don't have to simply waste time on it. Because the truth of the matter is that right now in trading, everybody is having a massive opportunity to make money online. the more time that you

waste having the lack of knowledge and not having the proper education to go and trade, the more time you are missing out on these profits. So, I'm going to make everything on this one video, so all you have to do is just watch it from zero to the end. You're going to know exactly how to be able to go out there and execute trades live in the market.

Now, I have really been thinking about doing this video for quite some time. I just haven't had the time to actually get it done. But, when I actually now decided to get this video done, I wanted to this be more than just an information overload video. Like I wanted you to practice this in real time. You're actually able to go out there and execute live based off off of this video. Something that you actually get value from and you're actually able to go out to the market and properly do it for yourself. Now, you're probably asking, who is this guy that's going to

be talking to me for the next 10 hours and is he even a reliable source? I've been trading the currency market for the last seven years, and it took me about three years to become a profitable trader. I was two and a half years trying to figure out how to make money online when it comes to trading. And after two years of watching endless amounts of videos and failing, I finally figured it out. But it really wasn't always about trading. I first wanted to make money online. But before making money online, I was working at Dunkin Donuts. Before working at Dunkin Donuts,

I worked at Crocs, Arab Postal, Sant's Enchanted Forest, and I even tried to get a job at a Valley parking, but I never got hired. I was just a regular high school student that got out of high school and did not want to go work the regular 9 to5. I wanted to get out of high school and become a successful person. I wanted to become a millionaire. I remember as the semester was finishing, my professor came up to me and he woke me up from an nap and he was like, "Hey, just letting you know right now, you could not come back tomorrow or not even finish this

semester, even if you were to ace every single one of the next tests, you're still going to fail the class." And I said, "You know what? Thanks, man. You just saved me the next two months of my life cuz I was going to keep coming in here and falling asleep." Fast forward for the next two months. I kept going to campus because my parents were tracking my location and I had to go to school because they would, you know, kick me out of the house, ground me if I wasn't going to school. And I was going to school to just figure out how to make money online. I was figuring out a way on how to do drop shipping, which I

tried to buy multiple different products, but my credit card limit wasn't enough. So, I couldn't have enough inventory. Tried that for a little bit, dabbled with it, never had success. And then I tried Airbnb arbitrage. So on my free time, as soon as I finished work and got out of the school, just sitting in the library trying to figure out how to find the good properties for Airbnb arbitrage, I realized that when I did find a good property, I didn't have the proper credit and have the bank statements to sign a lease so then I can subleasase

it, put on Airbnb, so on and so forth. And I pretty much wasted about 6 months of my life trying to make money online when it came across, you know, these different businesses. And then one day, one of my friends invites me to this event where they're teaching trading.

I'm like, ah, dude, I've heard of this stuff before. Supposedly, it's a scam. It's not real. Said, "You know what? What's the worst that can happen? I lose 100 bucks. Really, all I have at the time to risk on this." I go to the event. I get sold on the whole entire MLM product, multi-level marketing. And uh what that really did is that it opened the doors to what trading is and the possibility that it actually has. I was there for probably 30 days. I realized that these multi-level marketing companies don't teach you how to trade. They just teach you what it

is. But that opened the gates for me to actually go out there and try and figure it out. So I tried to go on with stocks and I realized in order for me to actually create a account in a stock market or with the stock brokers for you to actually go trade, it was a minimum of 25,000. That was back in 2018 2019 when I was starting to trade. I didn't have 20,000 $25,000 to open up a trading account. So then I heard that there's this forex market, foreign exchange where the entry barrier is 100 bucks, 50 bucks, and you have leverage up to 1 to

1,000. And then there that means you have a lot more buying power in your money. The markets are open 245 compared to the stock market. They're open 9 to5, 5 days a week. I said, you know what, this is a lot more attractive. Let me actually go head first into this. And little did I know that I was going to be walking into one of the longest, darkest, and loneliest journeys that I have ever been. And that journey began by myself in the library at Miami Day College campus. I was a whole entire

year going to Miami Day College campus. Instead of me learning English or learning mathematics or whatever they were teaching me in criminal justice, I was learning what the foreign exchange market was, watching endless amounts of videos on YouTube, buying different a bunch of different courses trying to see if it all worked, where it all came down to one simple thing. And all of that I'm going to be teaching to you guys in this video completely for free. and it's all going to be in one spot. I had to piece so many different videos together that

literally that is probably what took the most amount of time getting all the information that was on the internet, hearing the same thing seven different ways, realizing I'm watching the same thing from a different person, saying it in a different way, and then having to minimize all that information for it to come down to one thing. And that is exactly what I'm going to be doing in this video today. And it almost feels like it went by extremely fast now that time has gone by. But after 6 months of me just trying to put all this information together, lost a couple thousand dollars. Another 6 months went

by and then I was supposed to be graduating from college, getting my AA on pretty much year two and my parents realized that I was not going to college and there I had to pretty much break through the news that I was doing this whole trading stuff and I was probably about a year in year and a couple months in and I was so deeply invested that I had no other choice but to continue to go. There was no way I was going to continue in figuring out a different way on how to make money online once I've already invested a whole entire year into this. And things were starting to

click, or at least I thought they were at the time. So, I basically broke the news to my parents. I said, "Hey, I'm trying this whole trading stuff. I need you guys just to give me some time to figure it out. My parents did not believe in me. They weren't supportive of it. And I wouldn't either. I have old school Cuban parents that they barely know how to use WhatsApp. They don't speak English. They honestly just all they understand is work on a regular job and that's how you're going to become successful. It's not their fault. They were raised differently. But I knew that there was different ways on how to make

money in this world, especially online. So after about a year and a half, my parents aren't supporting me. I'm just kind of living there at the house. I'm literally trading from my mom's closet. We have a closet downstairs and I'm just trading out of that closet. And I'd say probably for the next six to eight months, it was a battle in between myself and understanding the actual markets. So now I know exactly what trading is, how it works. But now I'm just trying to figure out these patterns

and if there really is one behind it. And I'd say after 6 months, it got to the point where I was seeing the patterns. I would see things happen over and over again. But I just wasn't entering at the exact point. I was either entering too late, I was entering too early, and I was probably closing out my profits too short, my stop losses were too tight, I was just doing a lot of minor mistakes that accumulatively made me a unprofitable trader. Right around the 2-year mark, my parents once again are pressuring me, what am I going to do with my life, and I just kept

asking for time, still working at Dunkin Donuts, dabbling other jobs, but I'm trying to dedicate as much time as I possibly can to trading. Now, at this point, I seek some different types of more serious mentorships. I understand a little bit more. You know, you need act an actual strategy for you to actually become a profitable trader. And right around the 2 and 1/2 year mark, I went from losing consistently for two and a half years to having my first ever break even month. I'm like, whoa, I think I might be doing something right because

you know what? This month, I didn't blow any accounts. I didn't lose any profit accounts. Like, I think I'm on to something. The month after that, so two months, two years and about seven months, I had another break even month, but a little bit slightly in profit, probably 1%. And then the month after that, I was in profit 10%. I went from being an extremely unprofitable trader to then a break even trader to having my first profitable month. All of that in the span of nearly three years. And in this video, I'm going to shorten what I

learned in 3 years, all of the mistakes that I did, all the unnecessary information that I had in just a one class setting. This is going to save you guys so much time, so much headache that I can't even I wish I had this when I got started. After my first profitable month, everything literally just clicked. I started going from break even months to a profitable months to then just this becoming the new normal. All I had to realistically do was look back at my actual winning month and be like, what did I do right there? If that's

what worked, let me just double down on it when I see it again and then again and again and again. And then you fast forward for another year. So I'm about three and a half years into my journey. I am now a full-time trader. I think on my third year, three month three years and one month, I left Dunkin Donuts, left my job, and I'm now just a full-time profitable trader. Told my parents that it's actually working.

They're seeing the money. they're believing it. And then right around my fourth year, I decided to just start posting on social media because, you know, that was the only way to pretty much meet people as a trader cuz if you're a trader, you're kind of in an office like this. You're just home 24/7.

You're never going to really engage with anybody cuz you don't need to go out to a social setting for anything. Everything you could just do it from home. And all of my friends that I had in my journey as I was learning trading, all of my high school friends, I pretty much separated myself from them because they didn't believe in my journey. They didn't understand what it was and they were causing me so much stress trying to convince them of what it is and that it's actually possible that it was distracting me from the journey. So, at this point in my journey, I'm really by myself and I'm just trying to open up my

doors to new people, just meet people, maybe meet some new girls, attract girls, cuz I'm realistically just making a decent amount of money by clicking a couple buttons and I have so much free time throughout the day. And like a hurricane or like a snowstorm or whatever you want to call it, it just blew up. I started posting, you know, I bought my first supercar, which is an Audi R8. I started posting profits. I'm making a couple thousand dollars every single day. And out of nowhere, this

created this massive community of other people wanting to learn how to do the same thing. The questions that I was getting asked were pretty simple questions. And I decided to say, you know what? Let me just start helping people. And I just started posting YouTube videos. And fast forward another three, four years, and we're here where I arguably think I have one of the biggest trading communities in the industry. And I have helped thousands of people all around the world and shortened their learning curve from years to months and gotten people to

make tens of mistakes a day to maybe one a week and then them learning from that and using those losses that they avoid to optimize and actually be able to risk the correct amount of money on the right markets. So it all went from being a unprofitable trader by himself to then developing a skill set without even knowing it, posting it accidentally on social media. it blowing up and now to the point where I just changed traders lives all around the world and now this video is for you. And the only reason

why I gave you this whole entire backstory is so you understand at the point where I am right now in my journey. I have so much free time that all I generally have passion about right now is just helping other people. I am literally dedicating more than 10 hours to make this video for you because this video is going to probably be 10 hours and I'm done with it. But for me to record it, for it to all get shortened down to the point where I probably put 20, 25 hours into this video, I'm doing this for you. So, all I ask for you is

to literally only focus on this video. And if by the end of this video, you did not learn anything. You have absolutely no value. Hit the unsubscribe button, block me, never look at me ever again. Don't believe me. But I am putting so much time and so much effort into this video because I personally really do wish I saw one of these videos when I got started in my journey. So if you have any question, if you have any concern, just go back, pause the video, write down notes. If I were to show you the amounts of notes that I took when I

Frequently asked questions

The foreign exchange market moves anywhere from 7.5 to 8 trillion on a daily basis.

Trading styles include position trading, swing trading, day trading, and scalping.

Fundamental analysis focuses on reading underlying articles about a company, a country's economy, or news events that directly reflect on a currency's price.