If you are a newcomer in the forex market, this article mentions the 5 best forex influencers you can follow; the ones that will keep you motivated and going.
October 30, 2020 | AtoZ Markets – Trading in the forex market is a good way to make money. For successful traders, it can even become a full-time job. For forex starters, entering the market is easier than ever. In part thanks to the rise of online brokerage, news sites, and educational resources.
However, if you are a newcomer in the forex market, staying motivated can be a real challenge. It can take a little while until you see earnings, and for most people, it can be discouraging after a long period of stasis.
Jack Goldman, from ForexToStock, suggests that it is best for new traders to learn from the mistakes and successes of others, instead of learning them all by themselves - especially trading mistakes are often very costly.
5 best forex influencers that will inspire you to keep moving
The best people you can follow are the ones who have already achieved what you desire: day trade for a living!
Below are some of the best forex influencers you can follow:
1. Rayner Teo
Rayner Teo is an independent Singaporean trader who also blogs at tradingwithrayner.com. He helps guide both new and experienced traders on how to navigate the forex markets.
He has been trading since 2009 and helps newcomers get started with the help of trading strategies, webinars, and other tips and tricks that can help guide them through the market. His blog has a following of more than 100,000 people monthly.
2. Phillip Konchar
Phillip Konchar is the founder and head tutor at mytradingskills.com. He has been a private trader since 2004 and has worked as an educator for major brokerages and prop trading houses in both London and Dubai.
He believes that there are too many new traders who get into the market despite being unprepared for the challenges that they will face. In order to help newcomers overcome this hurdle, he started My Trading Skills in 2017.
3. Ross Cameron
Ross Cameron has been a trader since 2001 and is also the founder of Warrior Trading, which currently has over 500,000 followers. Though he made his first trades in 2001, he started trading seriously in 2008 and taught himself how to day trade in order to make more money.
Through Warrior Trading, he wants to help both new and experienced day traders so that they can navigate the markets with more confidence and avoid making the same mistakes that he made.
4. Casey Stubbs
Casey Stubbs is an entrepreneur and trading expert who founded his first trading business in 2009. He is the founder of Trading Strategy Guides, through which he works to provide traders with trading strategies that are both effective and easy-to-follow.
His goal is to provide traders with high-quality information that they can use to help them achieve their goals, no matter how big or small. Trading Strategy Guides currently has over 100,000 followers.
5. Rolf Schlotmann and Moritz Czubatnski
Rolf Schlotmann and Moritz Czubatnski are the founders of Tradeciety, and have over 20 years of combined trading experience, especially in the forex markets. Through Tradeciety, they help newcomers learn how to enter the forex markets and also offer ongoing mentoring so that traders can have a better understanding of how they are performing.
The two of them are also the authors of Trading: Technical Analysis Masterclass, which is meant to help traders learn more about technical analysis and price action.