In an exclusive interview with Aka Media, The Forex Trading Coach confirmed that they have successfully assisted traders to pass prop firm challenges.
Nelson, New Zealand – June 17, 2023 /PressCable/ —
The Forex Trading Coach’s success has been to focus on teaching successful trading techniques as well as practices that keep their students as safe as possible in their journey. Luckily for them, this is exactly the strategy needed to pass the prop firm challenge and a lot of clients are now doing very well from trading on prop firms.
One of the things that many Forex traders struggle with is they lack the personal funds to trade a substantial account size to make a significant return from their trading. This allows traders who know what they are doing to trade on prop firms and be very successful.
Mr Andrew Mitchem said this when interviewed by Eleven Media, “There are companies now called prop firms and with these, there is a fee that is paid to them, and most will have you prove you are a good trader. They test this, by making traders make a certain percentage return withing their drawdown criteria. Once you do that, they will put you on to a live account and when you make a return on that account, you profit share the gains with them.” An example of this can be seen here: https://fx2funding.com/programs/
The keys to passing a prop firm are consistency, very low risk per trade, low drawdowns and high reward : risk trades, meaning the risk is very low, yet when there is a profitable trade, it is making a very good return. This is the core teaching of The Forex Trading Coach.
They have recently reached the milestone of teaching and helping traders for 14 years. This period has seen them coach over 3800 clients in 103 Countries. Ryo Chong, a client from Singapore credits the course for his success as a prop firm trader as can be read here: https://the5ers.com/made-him-consistent/
“At The Forex Trading Coach, we have not only a proven trading strategy, but our strategy that also works on non-Forex markets such as the commodities, cryptos, indices and metals. We also encourage a very low risk approach per trade, ensuring low drawdowns, and our trading approach ensures that when you have a profitable trade, that trade makes 2:1, 3:1, 4:1 or even a 5:1 reward : risk” said Andrew Mitchem
Eleven Media’s market research found overwhelming support for The Forex Trading Coach’s advice to new or struggling traders to invest in themselves and in a quality, 5-star rated training, and proven trading strategy to ensure they have long term success as a trader.
About The Forex Trading Coach
The Forex Trading Coach is founded by current principal Andrew Mitchem who is a passionate and experienced Forex Trader. The coaching program can be taken via private coaching or online training. In the United States and Canada one on one training at the traders premises is available. The Forex Trading Coach is helping people create personal and financial freedom through their proven trading strategies in the Forex markets.
To learn more about The Forex Trading Coach, visit their website here: https://theforextradingcoach.com/
Contact Info: Andrew Mitchem
Organization: The Forex Trading Coach
Address: 54 Glen Road, Nelson, RD1 7071, New Zealand