FOREX on FOX Business TV - FX Bootcamp's Wayne McDonell

[shaku1001]

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[boyjohn07]

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[freeSCALPINGindicato]

i like my FREE SCALPING indicator... dont need anything else for scalping

[gutrp]

I dont believe any trading company unless they show their live real live trades being placed in real time..and showing their real money accounts and past history.

Everyone can hype up indicators and sell trading courses to newbies.In this age of internet its not that difficult to show live real time real money trades.

I sense BS.

[Guyc00l]

Wayne, you speak in a very compreensive way but you also showed some insecure in this interview and I read that the best traders are not insecure of themselves neither when they lose 1 milion they know why it happened!! I was about to buy your book but after I read that review on Amazon that the book advertises your website an it's damn expensive ($100 for 7 week trial) If you're so good you could have 8 digits why you do that crapy price? Because you're not that good.

[yourforexessentials]

I see on your channel info that you are 109 years old. Going strong and providing 12 hours training a day, how do you do it?

[hazooma40000]

My friends this site Forex Signals and analysis is free, but the policy of the site here does not allow me to publish the link so I will put the site name in brackets (forex4signals)

[freeSCALPINGindicato]

nice trading info for beginners! thanks FOX. People - scalping is the best!

[tendenciasFX]

[shorter time frames trading, automated robots trading,] = Over Trading.......which means your Broker is making more money than you do.....Best scenario, in the long run you can hardly break even with Him. get away from over trading.

[FreeFOREXautoROBOT]

Thanks, it is very interesting, but I like Forex robot...Great results

[TheForexHitman]

He's a smart salesman, who read some books about techs and indicators, but can't put it into practice. Just ask him about his money management and win/loss ratios over time. I'm telling you, he's not a real trader. He demands he will not be a signal service, but it's a smokescreen for the fact that he is not a consistent trader using the methods he teaches at fx bootcamp. Wayne does a song and dance (shows things in history not real time, but anyone can "trade" the past). Duplicity.

[TheForexHitman]

LOL. Wayne doesn't even trade successfully, though he has tried. He knows information about technical analysis because he can read, but he can't consistently execute and manage trades. The dudes that work for him are able and capable, but Wayne is full of crap. Just go to forex peace army dot com, look up fx bootcamp and read away.

[SilverShamrock71]

I don't get why the Fox guy sniggers when Wayne mentions holding a position for 17 minutes, he clearly does not understand the strategy concepts of short-term intraday trading. I bet he's the type of guy who holds losers and exits winners too fast. LOL

[NaceLunk]

I might have missed something... but again if Wayne is so good at trading currency that he is able to teach others, why doesn't he simply live off his earnings from trading? He might say, well I like helping others, but then why not make it free? If he knows how to trade forex, he should be able to make millions in a matter of a couple years. Is he really that greedy that he also needs to charge people to teach them trading forex? I don't see the logic there.

[cyb3rp4nda]

@NaceLunk

The logic is that it takes a more than a year to make "Millions." Plus Another reason is For one the Staff at FxBootcamp are there to 12-18 hours a day, so one he nor the other teachers have that much time to trade, but they charge money because they invest alot of time helping people thus making them unable to trade that often nor work. So they make what they can with Bootcamp.

[redmkiii]

@NaceLunk I used to think that to, but just think about it. If it were free imagine how many people would be in there messing around asking stupid questionslike" whats a pip?" It weeds out the people who arent serious, besides if you cant spare a couple hundred dollars you shouldn't be trading forex.

[suprattkk]

if you use a stop loss you will never make money and only institutions make money using forex, you actually think the broker cares about your order? brokers go against your order so you have as many failing trades as possible

[dav7612r]

Dude, I use a stop loss 100% of the time and win 78% of my trades. You have no idea.

[CosmoHunter24]

Congrats! Nice video

[cadelevans]

Good call on the long AUD!

You look really young Wayne!

[tony3647]

How is the US dollar strong?? Best place to put your money is the US dollar? Wayne did they pay you to say that? You should know the US dollar has gone down to all the major pairs eur/usd usd/cad and major down move against usd/jpy it's almost at all time low!

[fxbootcamp]

Tony, this interview took place 9 months ago. The market has changed since then. If you look at the advice that I gave, it said "Sell Dollar, Sell Treasuries, Buy Stocks, Buy USD." I also thought JPY would fall, but I was wrong on that point... the rest was dead on correct.

[urbaandiultra]

This newscaster was totally rude to Mr. McDonell. I thought the purpose of being on a show was to be able to speak uninterrupted. It seems as though he was trying to ridicule your trading style. Just my opinion.

[wholesalejunkiez]

Interesting.

[thetruth786110]

is this a info commercial?

[fxbootcamp]

Honestly, I was shocked that they did a B roll of our website. That was cool. But I did feel that they were setting me up to crush FOREX based on the tone of the questions. However, I thought I held my ground well. Its not easy under the conditions of a remote interview and live TV. Three cheers for FOREX!

[thetruth786110]

what will happen to the forex when there is a one world currency?

[TheForexHitman]

@thetruth786110

Yeah, the euro zone has been a good model for a "universal" currency.

[xtra1234]

For real man. I know you got this figured out. If they can't take the risk oh well. If you have a strategy and a principle that you always go buy there is no risk and I think your the bomb. Good work and i will keep up with your videos.

[permanent222]

@fxbootcamp "...gets very excited but there are ways to play it safe as well" - News Corp. shares,lol?

[forexivybot]

Great video. We use many of the same strategies.

[NaceLunk]

Yeah I don't watch news on TV. But it seems like he didn't find the stuff you were talking about too interesting. Honestly, I can understand that because his job is to make the program as interesting to viewers as possible and I am sure not many average American viewers found that interesting or even comprehensible. But if everyone would really take time to learn about forex trading, no one would look for a job... because it is easy to make living by trading if you know what you are doing.

[keris80]

That man is no respect to you Wayne. I am very disappointing about that man attitude...Anyway Wayne you are great

[ayotollah]

That's fox news is all about keris80. You haven't see their worst rudeness..just keep watch fox news then you know who they are.

[Geofffascia]

"that's sometimes true..."

Nicely done, Wayne - much respect to you

[Dukes1964]

How dare he keep talking over you!. But whats with the tie Wayne. Had to turn the brightness down on the screen!!!! cheers Dukes1

[GoldenFireReviews]

Wayne said the dollar is strong for eight or nine months. Hmmm

[fxbootcamp]

Actually, I said the USD has been the best place to put your money over the last 9 months.