hello welcome back I'm Scot Schubertwith trading mastermind and today I'm going to show you exactly how you canstart swimming with all forex trading signals not for the purpose of sellingthem to someone else but for the purpose of you using those signals to trade andto get profit in your
trading business and to create a trading business thatactually works for you so let's get started with that right now if this isyour first time here be sure to subscribe below and click on the bellicon to make sure that you're notified instantly of all new videos that youmake what
happens is a lot of people are interested in the idea of making moneyfrom forex trading but then they realize that it's a little bit more difficultthan they originally anticipated so they want to get signals from someone elsewho they think might be a successful trader and as soon as
these new peoplecome into this group I see all these other people say free signals inbox meand I'll set you up on I know what it is that they're trying to make money off ofbeing introducing broker or whatever it is that they're doing is just not abouta person being
able to trade so then I noticed over the last few years that theidea of getting trading signals from other people has become very popular ifyou've been involved at all with using forex trading signals I think that youwill agree that something that would be much more desirable for you
would be ifyou could just assume your own trading signals and the purpose would not be tosell them to someone else but it would be for you to use them for your tradingbusiness right a lot of people in fact people have contacted me saying hey Ihave really figured out
how to train can you help me to sell my trainingsignals and I was just thinking what is freakin wrong with you okay I can tellyou what's wrong with you is that in your subconscious mind you don't believeor have any intention that you will make money from trading even
though you saythat you figured out how to trade you're not planning to make money from tradingyou're playing to make money from selling your signals so that's a bigproblem don't you think that the beginning of all success is in theintention what's the intention so you gotta get clear about
what is yourintention and for anyone who has any real intention of learning the tradingbusiness or even being involved in the trading business your intention shouldbe I am going to learn to trade and then I'm going to trade and then I'm going togenerate increase in capital and get profit
and make money from trading firstof all if your intention is to get involved in trading and just get signalsfrom someone else your intention is not to ever master the business of forextrading what happened to the intention of of getting profit from tradingbecause if you've looked at some of
my videos on how much money you can make intrading and there's a Forex income calculator that can kind of guide youyou could take any amount and if you know how to trade you could increasethat amount increase the capital you could take any amount you know you couldtake $100
if you know how to trade you could take that hundred dollars andmultiply it multiply it until eventually you would have hundreds of thousands ofdollars maybe even a million dollars it's just a matter of how much time itwould take if you know how to trade and to get consistent
profit is that not amathematical fact if you're not intending that your money is going to bemade from trading then there's something wrong with your unconscious mind that isblocking it from you and that's what you have to work on so if you want togenerate your own forex trading signals
the first step is we learn to trade andI'm not being facetious about that I am seriousthat if you have any intention of being involved in anything to do with thetrading business trading Forex or anything else the first step that youwant to do is to learn to Train and
that first step might be a difficultstep and it might take a while in fact wouldn't you think that ofcourse it would take a while how could it not of course it will take a while soif you're going to make that decision let's be honest I've made the decision
Iwant to be involved in trading the first step is to learn to trade that will takea while now let's get started unfortunately once you get started youmay be attracted to things that don't produce results for you so you will comein contact with all the different types of scams
and trading education stuffthat can keep you busy forever but never give you results well if you do findsomething that shows you how to trade and you're able to get results from thatthe first step is to learn to trade and the first step to learn to train is tobe
able to read financial markets read charts reach arts like a language so ifyou want to generate your own forex trading signals the first step would beto learn to trade the first step of learning to trade would be to learn toread charts then learning to read charts would giveyou
the skill of identifying turning points I've been involved in the tradingbusiness for many years and as far as I know if you want to learn to identifyturning points the best way to do that is to begin by signing up for our freetraining series at trading mastermind on ok
so in order to learn to trade inorder to read financial markets and identify turning points what would youneed to do in order to do that the thing that you would need to do is to be ableto recognize these two things on charts one would be where is there
trend on achart and the other would be where is a correction on a chart you should be ableto take any chart and immediately recognize where is the trend on thischart once you can identify those two things it is possible for you to developa skill to be able to
identify the end of a correction and the end of a trendand I have a number of different videos that demonstrate this process and I willtell you right now that unfortunately you won't be able to master that skillfrom watching one youtube video it takes at least six months to
three years tomaster that skill and there are a number of different things involved other thanjust one thing and that's why some people are disappointed when they watcha video they go oh I didn't master how to play Mozart on the piano fromwatching this 15 minute video I may have
to watch two videos but for those of youwho are committed and really want to possess the real value that this skillgives you you know that that's nothing it's it's a simple thing and it's notthat much effort just a few years of practice isn't really that much effortto develop
this kind of a skill when you think about how valuable the skill is soon this chart is this a trend right here and isthis a correction to a trend right here and if so what would we need to identifyto identify the end of a correction or could you
identify a turning point noteven knowing whether it's the end of a brand or the end of the correction andenter a trade then observe what happens next and then make another decisionwhether you want to get home or stay in that's another subject that I've coveredin a number of other
videos and if you don't quite get that right now I'll showit to you more in other videos for right now let me just show you some examplesof what these patterns look like if you can look at this chart and can you see atrend here can you see a
correction right here and does it look like youcould identify the end of that correction even if you're just startingto get the idea how to identify the end of a correction how to identify the endof a trend you are on your way to being able to generate your own
forex tradingsignals and use them to make a lot of profit here's another example can yousee the trend on this chart can you see the correction on this chart can you seethe place where the correction ended there are a number of things that areinvolved and like I say you
won't necessarily master the skill fromwatching one video but if you have guidance and you're repeating thisprocess every day and practicing it you will develop this skill can you see aturning point on this chart can you see the turning point on this chart thetrend and the correction this is
the same one but it's shown with somefibonacci projection areas in addition that this is a highly profitable placefor that to turn and we knew that in advance that it might be a highlyprobable place for it to turn when we see that it is turning we recognize itright away
can you see that there's a trend on this chart that this is acorrection and that this looks like an endcorrection that's all you need to worry about right now can you see those thingsyou're starting to be able to see those things you may be well on your way
tomastering the skill of how to trade in order to generate your own forex tradingsignals the first step is to learn to trade the first step to learn to tradeis to learn to read charts and read financial markets in doing that thatwill enable you to identify turning points places
where there is an end of atrend or the end of a correction what I have found that most of the industrydoesn't even believe that it's possible to do and yet we have proven that it'squite possible for anyone to identify turning points with a certain degree ofaccuracy good enough
accuracy to get an increase in capital okay so for instanceon this chart of the US Dollar Index non-weighted you might see that thereare two primary Corrections on this part of the chart one of them ended righthere and one of them ended right here the ability to identify that
point canyou see that would be a good point to enter and you go long is that part clearis it is that part clear that this area right here would be a good place toenter and go along and this area right here would be a good place to enter
andgoing on this area right here would be a good place to enter and go along a lotof people would say you're just pointing at that in hindsight and yes I am butwhen we entered there at those points I was not doing it in high insight and allthe other
times every day when we are looking for these entries we're notdoing it in hindsight and so the ability to do it in real time and to identifythose points that's something that I can show you it's not something that I couldshow you in a video on YouTube but it's
something that you could learn andpractice and could become a part of your lifetime knowledge and skill if you makea decision that you're going to do that so I encourage you to make that decisionthat you're going to do that make it happen so that you can see those andgenerate
your own trading signals yourself and be right most of the timeover and over again so that other people might wish that they could get yourtrading signals but you're not going to sell them because your talent is goingto be much better use for trading your account might that be
something that youwould rather do is just to trade to your account even if it's just a 100 dollaraccount you could multiply that over and over until it's a lot more that's wherethe money is so I encourage you to not settle for anything less than that Ilook forward to
seeing you in the next video and remember to trade deliberatelyand live your life deliberately you
