Jon Fibonacci's video: Fibonacci Logic Ep 1

Trading foreign exchange and stocks on margin carry a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange or stocks you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all risks associated with stock and foreign exchange trading and seek advice from an independent financial divisor if you have any doubts. I am not a licensed financial advisor and this content is not financial advice. ***Don’t forget to LIKE and SUBSCRIBE!*** Music credit: ROY KNOX - Over My Head (Feat. Mike Robert) [NCS Release] https://www.youtube.com/watch?v=duDot7d8YVk ---------------- My social media links ---------------- Facebook: https://www.facebook.com/jonfibonacci/ Instagram: @JonFibonacci or https://www.instagram.com/jonfibonacci Robinhood app: http://share.robinhood.com/jonathf32 (Sign up using my link so we both get a free stock! If you choose to at your own free will) ---------------- Common Questions! ---------------- How long have you been trading? 6.5 years What’s a good trading schedule? That depends on your time zone and your daily life. There’s an idea out there that people trade all day long and that is the case for some but not all. There’s a reason we have limit orders and can be away from the charts. My suggestion is to find out what session is available to you and go from there. What time frame do you use? All of them. How do you build consistency? Well, in my opinion, consistency comes from learning how to trade and applying it. Learning from your mistakes to try and not repeat them in the future. Don’t just take trades and go on about the next trade. Find out why you lost (or won). Keeping a trading journal should help. Do you teach 1-on-1? Not anymore. Join Tradehouse! Feel free to hit me up on Instagram (@JonFibonacci) to join – Must have $235 ready and be coachable. What’s your favorite confirmation? Market manipulation. The controlling of price. I love it because it’s so obvious to see! Favorite pair? I don’t play favorites, but I do find myself trading the majors more often than cross pairs. Cable, Fiber, sometimes Ninja. I do enjoy Aussie and Kiwi also! If you watched my live streams, you would know that! What is the top-down analysis? To me, in a simple explanation, it is using the higher time frames first and then working your way down to the lower. How do you recover from blowing an account? Sorry to hear you’ve blown the account! Sometimes that can be part of the process, even though it can be a devastating experience. I would suggest stepping away from the live trades immediately. Stop trading live, switch to a demo account, and start studying way more. Do not allow yourself to “revenge trade” because that will most likely add to your losses. Difference between stocks and forex? Stocks aren’t open as much as forex. Forex has a lot more news. Forex also has much higher leverage than typical stock accounts. Forex is essentially more volatile, but we teach how to use leverage to your advantage and not against you.