fbpx
Connect with us
Apply Now

Business

Brian Crandell’s Trading Expertise is Helping Countless People Take Control of their Financial Freedom

Brian Crandell, based out of Miami, FL, is one of the world’s up and coming Forex Trading experts that you’re going to want to pay attention to. 

The foreign exchange (also known as forex or FX) market is a global marketplace for exchanging national currencies. Because of the worldwide reach of trade, commerce, and finance, forex markets tend to be the largest and most liquid asset markets in the world. Currencies trade against each other as exchange rate pairs.

The success rate for Forex trading is extremely low. But then again, 90% of businesses fail in their first year, too. With that in mind, Brian decided early on in his trading journey that no matter what happens, he was going to push through and figure out how to master the skill. He’s come to realize these three things as he’s developed his expertise:

 

  1. Winning all of your trades is not only impossible, trying to do so is going to keep you from ever being profitable. Brian has quickly figured out that with proper risk to reward and proper risk management, you can make trading a numbers game and make it so that you don’t have to win all of your trades, let alone even half of them! For example, if you’re risking one dollar to make one dollar, you’re going to have to win at least 51% of the time to be profitable. But if you’re risking one dollar to gain two dollars, you can win just 34% of the time and end up a slightly profitable trader. When you’re risking one dollar figuratively to gain three dollars, or even more, that’s when things get interesting.
  2. Trading is nothing more than a mind game. It’s a constant battle between the ego wanting to win, and the pure science of making it strictly a numbers game. “Letting go of the outcome can be very difficult to do, because at the end of the day all of us are here to make money. But I’m telling you, you have to stop caring about the money you make or it’s going to control all of your decisions on the charts. You’ll start to try to pull money out of the market that isn’t there for you to take.” -Brian

  3. You need to focus on base hits, not home runs. Sure, everyone wants to hit that trade where for every dollar they’ve risked they can make a hundred back. Those trades are few and far in between. However, opportunities to make back two dollars, or four dollars, or even five or six, are quite abundant. Focus on stacking those and keeping your losses as small as possible and you’ll be right on your way to being a profitable trader.

 

Brian is the co-founder of A1 Trading Academy, a company that focuses on equipping traders of all skill levels with the knowledge and tools they need to succeed.

For more information, visit their website at www.a1tradingacademy.com 

Brian can be reached for comment on Instagram at @bscmvjor 

Related Topics:
Continue Reading
Advertisement Apply Now


Copyright © 2022 Disrupt ™ Magazine is a Minority Owned Privately Held Company - Disrupt ™ was founder by Puerto Rican serial entrepreneur and philanthropist Tony Delgado who is on a mission to transform Latin America using the power of education and entrepreneurship.

Disrupt ™ Magazine
151 Calle San Francisco
Suite 200
San Juan, Puerto Rico, 00901

Opinions expressed by Disrupt Contributors are their own. Disrupt Magazine invites voices from many diverse walks of life to share their perspectives on our contributor platform. We are big believers in freedom of speech and while we do enforce our community guidelines, we do not actively censor stories on our platform because we want to give our contributors the freedom to express their opinions. Articles are not commissioned by our editorial team, and opinions expressed by our community contributors do not reflect the opinions of Disrupt or its employees.
We are committed to fighting the spread of misinformation online so if you feel an article on our platform goes against our community guidelines or contains false information, we do encourage you to report it. We need your help to fight the spread of misinformation. For more information please visit our Contributor Guidelines available here.


Disrupt ™ is the voice of latino entrepreneurs around the world. We are part of a movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities both here in Puerto Rico and throughout Latin America. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. Disrupt Magazine was designed to give the world a taste of that.