I Became a Profitable Trader After I Stopped Doing This
ฝัง
- เผยแพร่เมื่อ 15 ก.ค. 2023
- How I became a profitable trader? I stopped doing these 7 things that will harm your trading account and cause you to consistently lose money. If you want to learn how to become a profitable trader, then avoid these common trading mistakes.
Becoming a profitable trader takes a lot of hard work and it is not as easy as just following a profitable trading strategy. You can have the most profitable trading strategy in the world and will still lose money if other aspects of your trading is not on point.
Of course, the key to profitable trading lies in my trading discipline but it also comes down to learning from my own trading mistakes. This applies to you whether you're trading forex, stock market or crypto
Disclaimer:
The content here is for informational purposes only and should NOT be taken as legal, business, tax, financial 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 an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is for entertainment purposes only and is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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Singapore youtuber profile:
Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on TH-cam and Tiktok has helped tons of traders around the world to master trading.
Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.
Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.
Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.
She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.
She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.
She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.
She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.
Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.
Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.
Karen Foo's email: karen@karen-foo.com
Manager's email: admin@karen-foo.com
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo8
• I Became a Profitable ...
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Music Credit:
Take note that recently there are a lot of impersonators pretending to be me on social media. I won't go around messaging people and also won't tell people to message me. I won't chat with people back and forth. I also don't provide signals or account management. I don't operate on whatsapp or telegram at all. Those are all created by scams.
noted
noted
Third noted. Lol.
Reported 3 this week, on IG.
how many pips per trade to take profit
The 7 Things:
0.07 Minimize screen time ( get a balance ).
0.40 Stop opening many trades ( focus on high qualtiy trades ).
1.38 Stop focusing on high win rate ( focus on RRR instead ).
2.32 Stop trading coz fear ot missing out.
3.28 Stop comparing to other traders ( focus on improving yourself ).
4.42 Stop chasing returns and profits ( focus on risk mngt instead ).
6.30 Stop trading on too many pairs ( quality, not quantity ).
Very nice info. Especially the less screen time and RRR. And the way you speak is very sweet.
Yeah,sure Mmaleshengu ❤️🤙🏾
Thank you Karen, you are a Gem and really appreciate you sharing with the world!
I totally agree with point 2. Less is better than more. In fact sometimes I focus on only one trade at a time
Thank you Karen❤
Thank you a lot, Karen
Thank you for sharing useful info always.
All the best, Karen.
Excellent video! Thank you.
Hello. Hope u r doing great and would reply... Out of SMC and price action, which strategy do you prefer? Awaiting reply
Thank you for this content mentor.
Great video mate. Solid advice and good humour.
Thanks.
Thank you so much for sharing 💯💯
Very good Video, Thank you😎🥇
Nice video for all traders
Hey Karen, I am so proud of you. I’ve been following you since 2017 or 2018 when you had 50k , I just like the progress and develop as a person you are , wish you all the success in your life
Great tips gonna apply these
I love your sense of humor!! Thank you very much for this video.
Thank you for your motivation mam
I don't even have a bicycle yet😩
Good one Karen. I need to work on high screentime and d resulting over trading.
Thanks for always being here to help. Much love from Nigeria
You are awesome! My trading psychology and methodology changed because of you. I am now more consistently profitable compared with my past mediocre trading years. Your brutal honesty kicked me in the ass and got me on the right path. I hope to meet you in person someday. Thank you for all you do for traders like me. 🙏🏽
You're welcome. I'm glad i could help
Thank u mam
Thank you for sharing your experience! 🙂
You're welcome
Wow great content madam 🤝❤️❤️❤️📈
Thanks Karen.
You're welcome
4 major trader fears : FOMO, living money on the table, losing money & being wrong.
My best teacher.... I am a Africa 🇹🇿
Thank you Karen
You're welcome
Excellent video and advice, Karen. I hope you have a wonderful day and upcoming week.
Thank you. Going on a vacation on Monday definitely gonna try to enjoy
@@KarenFoo I hope you have a very wonderful and enjoyable time.
I total agree... Great video Happy trading ;)
After spending 2 years in markets now I can understanding your points...
Noted.....💪💪💪
Hi ,
Do you teach for stock market ,domestic and global market ?
Always learning, thanks Karen 🙏🏾🙏🏾
You're welcome
Very nice video from india
How to avoid holding -negative pnl in a long time? can You give whats the good advice... Im always profiting in scalping and then, if emotion spikes i will hold negative PNL for a long time.
Thanks Karen
You're welcome
can you teach the direct hedging and how the hedge fund manager doing it? I'm practicing hedge fund and still now master in it since I'm just practicing for almost 1 year and still newbie to direct hedge
I have not been Online very much but Damn, I Still Enjoy the Knowledge that comes with humor lol... Its Fire 🤜💥🤛
Wonderful 🎉❤
BRITNEY BEYACH!! 😂💙 Tysm, youve inspired my trading journey so much! I was lucky to have came in with you as my 1st guruji in the market 😊
You're welcome. Thanks for your compliment
Addicted to her videos. Bigup
hey Britney ❤❤📊🔥
nice seeing you again, thank you for the knowledge
You're welcome
Hello karen. I am reading your book. Fundamental of currency trading. This is a best book for beginner. Tody i visit your website for buying your Course. But this amount is
very big for me..🙂
On your books you said every trader need to learn trading form a professionalist.
I tried to learn forex from TH-cam last one years.
But i can't understand what is important to know for the forex to understand the market.
I can't find out the right away.
Can u please help me.😔
Our Britney Beachhh ❤❤😊☺️ My Big Sister from Singapore, My Trading Didi ❤ Love From India 😊
Haha the white board message cracked me up! 😂❤
That will apply when I'm at the beach 🌴
Thank u
You're welcome
I'm also using ur tips in btc trade and I started from $109
Karen Foo. You are badass kickass trader and you know it. Lol.
I burst out laughing when you mentioned the bike in the garage cos that's exactly what's in mine rn, TWO actually 😭 It's alright because I know and feel my breakthrough is coming!
These tips really resonated with me as I've recently made it a point to apply them to my trading, and I've definitely noticed a major improvement in doing so c: Thanks for always keeping it real
😂😭
Are you on Twitter? I am following one account that resembles you. And yesterday I bought a kindle version of your book. I hope it will improve my trading and finally I can be a profitable trader 😊. Thank you for much needed free lessons on TH-cam.
Yes twitter handle is karenfoo8. Anything other than that is an impersonator
Make more videos tader lifestyle it's gives motivation
DEAR KAREN I HAVE BEEN FOLLOWING YOU SINCE 2020 AND I CAN SAY THE JOURNEY IS WONDERFUL LEARNING FROM YOU. THE KNOWLEDGE YOU HAVE SHARED HAS OPENED MY EYES COMPLETELY.
IF POSSIBLE PLEASE MAKE DETAILED VIDEO OF INTERMARKET ANALYSIS AGAIN . THANKS KAREN
LOTS OF LOVE, JESUS CHRIST LOVES YOU
I guess not many people teach intermarket on youtube huh
@@KarenFoo Absolutely, I found none like you Karen. I am not exaggerating, it’s true and you know this.
After 3 years of learning each and every video multiple no of times I can say I have becoming better version of myself as a Trader. The way Fundamental stuffs you explain I am craving more to learn. Please One more thanks
You're the best thing that has ever happened to me I have been watching your videos for the past 3 years I was unable to afford the mentorship but your free teaching helped me a lot I love you we love you so much miss Karen
Glad to hear that i could help
then you look at you own garage and your bicycle is there. LMAO
I totally agree less is more❤
New fundamental vedeo ❤❤❤
The strategy does not matter. I got it
I can't help but say... I am in love with your sense of humour... I feel u have an amazing personality... and if we were in same location ... we would surely have been good friends... FR
I bought PEPE at 11 cents, I'm looking to make a profit.
Hi mam can I become successful by just looking at fundamental analysis through forex factory alone with out understanding the real reason of fundamental movement
Yes
I love point number three (unofficial), LOL
But FR... been sober for 6 months now :)
Ayyy new videos 😆😆
Essa mulher e muito top no trader🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷🇧🇷
please can you do a course on bond market 🙏🙏🙏
I have made the slides back in 2020 and it's sleeping in my folder :)
🙏🙏🙏 upload for us [since i have been watching youtube course yours is the best well detailed and easy to understand
Oh and by the way I just bought ur book Karen . Fundamentals of currency trading
I appreciate your support~!
@@KarenFoo thank you for providing years of experience and wrote a book for us to learn.
My best teacher you mam❤
I am a indian🇮🇳
Thanks for your compliment
🤣the dark humor thank you for the good laugh
You're welcome
Hi ,
I am gg
How can I do
Trade
In the first time
Karen what's with the Britney name? You're also Britney? Sorry if you've earlier explained, I don't normally follow each time cos of work.
Please make a telegram channel so we can get penifts from you trades
there is no need for me to make and operate a telegram channel. it's too time consuming
I just love her humour 😂
❤
👍
If everyone is fearfull, be greedy
If everyone is greedy, be fearfull
If noone talks a stock but u know its a pearl, get a trade
If everyone speaks sbout the stock, be cautious
Also, do NOT follow any youtuber for what to trade. They allready bought their shares before letting u know, creat fomo and then sell before they let u know
I love you karen
bagholding ruins
If you love and want to meet this wonderful soul woman, gather here pls... ❤❤❤
R u really britney beachhhhhh?
It will apply when i'm at the beach
Ahh. You're not Britney.
Ya i'm a ghost
@@KarenFoo
A pretty ghost😇
I am still struggling with those things. Today I blew my account 😭😭😭
we all do when we are starting out :)
I wondering if you have copytrading Karen?
i don't provide copy trading and i also don't provide signals whether free or paid
@@KarenFoo ok understand
Karen, wen Lambo? 😂
❤❤❤❤❤
I'm Britney Beachhhh
I pray for you to Jesus.
👸🙏🌌
❤️🇳🇬
💚🇳🇬
Dear friend,
The Gospel of Jesus Christ is a message of love, hope, and redemption. Jesus, the Son of God, came to Earth to show us the way to eternal life and to reconcile us with our Creator.
In His life, Jesus taught us about God's unconditional love and demonstrated it through His compassion, miracles, and sacrificial death on the cross. Through His resurrection, He conquered sin and death, offering forgiveness and salvation to all who believe in Him.
You are invited to experience the transformative power of a relationship with Jesus Christ. Accept Him as your Lord and Savior, and you will find forgiveness for your sins, a purpose-driven life, and the assurance of eternal life in His presence.
Open your heart to Jesus today, and He will guide you, comfort you, and fill you with His unending love. Embrace the gift of grace and embark on a journey of faith that will lead you to a life filled with hope, joy, and peace.
Simply pray and invite Him into your life, confessing your need for His forgiveness and surrendering your heart to His loving care. He is always ready to welcome you with open arms and transform your life in ways you could never imagine.
May you experience the profound love and grace of Jesus Christ as you embark on this incredible journey of faith.
Swim like a whale...
Love you babe @karenfoo
Dear friend,
The Gospel of Jesus Christ is a message of love, hope, and redemption. Jesus, the Son of God, came to Earth to show us the way to eternal life and to reconcile us with our Creator.
In His life, Jesus taught us about God's unconditional love and demonstrated it through His compassion, miracles, and sacrificial death on the cross. Through His resurrection, He conquered sin and death, offering forgiveness and salvation to all who believe in Him.
You are invited to experience the transformative power of a relationship with Jesus Christ. Accept Him as your Lord and Savior, and you will find forgiveness for your sins, a purpose-driven life, and the assurance of eternal life in His presence.
Open your heart to Jesus today, and He will guide you, comfort you, and fill you with His unending love. Embrace the gift of grace and embark on a journey of faith that will lead you to a life filled with hope, joy, and peace.
Simply pray and invite Him into your life, confessing your need for His forgiveness and surrendering your heart to His loving care. He is always ready to welcome you with open arms and transform your life in ways you could never imagine.
May you experience the profound love and grace of Jesus Christ as you embark on this incredible journey of faith.
Dear friend,
The Gospel of Jesus Christ is a message of love, hope, and redemption. Jesus, the Son of God, came to Earth to show us the way to eternal life and to reconcile us with our Creator.
In His life, Jesus taught us about God's unconditional love and demonstrated it through His compassion, miracles, and sacrificial death on the cross. Through His resurrection, He conquered sin and death, offering forgiveness and salvation to all who believe in Him.
You are invited to experience the transformative power of a relationship with Jesus Christ. Accept Him as your Lord and Savior, and you will find forgiveness for your sins, a purpose-driven life, and the assurance of eternal life in His presence.
Open your heart to Jesus today, and He will guide you, comfort you, and fill you with His unending love. Embrace the gift of grace and embark on a journey of faith that will lead you to a life filled with hope, joy, and peace.
Simply pray and invite Him into your life, confessing your need for His forgiveness and surrendering your heart to His loving care. He is always ready to welcome you with open arms and transform your life in ways you could never imagine.
May you experience the profound love and grace of Jesus Christ as you embark on this incredible journey of faith.
Dear friend,
The Gospel of Jesus Christ is a message of love, hope, and redemption. Jesus, the Son of God, came to Earth to show us the way to eternal life and to reconcile us with our Creator.
In His life, Jesus taught us about God's unconditional love and demonstrated it through His compassion, miracles, and sacrificial death on the cross. Through His resurrection, He conquered sin and death, offering forgiveness and salvation to all who believe in Him.
You are invited to experience the transformative power of a relationship with Jesus Christ. Accept Him as your Lord and Savior, and you will find forgiveness for your sins, a purpose-driven life, and the assurance of eternal life in His presence.
Open your heart to Jesus today, and He will guide you, comfort you, and fill you with His unending love. Embrace the gift of grace and embark on a journey of faith that will lead you to a life filled with hope, joy, and peace.
Simply pray and invite Him into your life, confessing your need for His forgiveness and surrendering your heart to His loving care. He is always ready to welcome you with open arms and transform your life in ways you could never imagine.
May you experience the profound love and grace of Jesus Christ as you embark on this incredible journey of faith.
Dear friend,
The Gospel of Jesus Christ is a message of love, hope, and redemption. Jesus, the Son of God, came to Earth to show us the way to eternal life and to reconcile us with our Creator.
In His life, Jesus taught us about God's unconditional love and demonstrated it through His compassion, miracles, and sacrificial death on the cross. Through His resurrection, He conquered sin and death, offering forgiveness and salvation to all who believe in Him.
You are invited to experience the transformative power of a relationship with Jesus Christ. Accept Him as your Lord and Savior, and you will find forgiveness for your sins, a purpose-driven life, and the assurance of eternal life in His presence.
Open your heart to Jesus today, and He will guide you, comfort you, and fill you with His unending love. Embrace the gift of grace and embark on a journey of faith that will lead you to a life filled with hope, joy, and peace.
Simply pray and invite Him into your life, confessing your need for His forgiveness and surrendering your heart to His loving care. He is always ready to welcome you with open arms and transform your life in ways you could never imagine.
May you experience the profound love and grace of Jesus Christ as you embark on this incredible journey of faith.