Today we’d like to introduce you to Tonya Stephens.
Tonya, let’s start with your story. We’d love to hear how you got started and how the journey has been so far.
I started gaining an interest in investing at a young age of 15 after watching my father invest. I wanted to find out more about the market and how you can make profits from simple buying or selling. I started off in stocks and learned through books, mentors,…youtube…and trial and error practicing and many years of test trading. I found that the key to trading Is the knowledge of being able to identify trends and to make the correct entry and exits.
Book after book, video after video I was able to gain the key components needed in order to be profitable. I also saw that the same methods I was using to analyze the charts for stocks could be used on Currency trading as well Foreign Exchange (FOREX) and that opened up another huge door for me to a world beyond belief.
15 years later, I was able to perfect my skills of trading through trial and error and learning different strategies. Every trader has their own technique of trading and there are many different types however only a few are effective. The key to trading is patience and developing a style that fits you comfortable and one that is indeed profitable.
Has it been a smooth road?
At first as every profitable trader would tell you the road was not smooth at all when I first started there were many blown accounts and negative losses and times when I wanted to give up but that is part of trading. One must study charts, price action and use indicators that will keep you from executing the wrong trades. Every trader should have a 3 to 5 step guideline before they enter a trade. My losses were due to rushing and not doing proper analyzation before entry, and not having the patience needed to let the trades run.
It is your job to minimize loss you will lose that is part of trading but your job is to have profits exceeding losses. Once you can master that particular skill you will see your trades will improve and your winning ratio will also and you will be beyond what you expect and profits will come easy.
So let’s switch gears a bit and go into the Forex Money Chasers / TRS FX Consulting story. Tell us more about the business.
We focus on providing the tools for beginning and mid-level traders or those who are interested in learning. We take traders on a step by step easy process so they understand the fundamentals and technicals of trading. Things you need to know that will keep you from blowing accounts but grow your account.
We specialize in teaching and also how to use indicators and will assist and help you to make the correct entries in the market. We want trading to be fun and not be something that will give you a headache.
I am happy that we were able to help those who knew nothing about the market or never could make profitable trades and now they are building their accounts and making successful trades and able to read and analyze the charts on their own.
One thing that sets us apart from most companies that offer online courses and web trading we provide a one on one mentorship and coaching program we are able to sit one on one with clients which is always better to go through live trades and to address any questions needed on a personal basis.
How do you think the industry will change over the next decade?
Hopefully, in the next 5 to 10 years I see us holding live trading conventions having a platform where traders of all levels and come and network and address issues and share strategies in one place and time. Networking and getting to know other traders and styles can help a great deal. One can never know too much and just as anything life one can always be open to other ways and strategies to learn.
Keynote speakers and traders will be present to assist and help the traders at any level. Mentorship is huge in trading and this will allow like-minded individuals to connect.
Pricing:
- Robots and EA’s are $125
- 1 on 1 Mentoring Session $70 and we provide the software (33 top inidicators needed)
- 4 for $40 indicators
Contact Info:
- Email: forexmoneychasers@gmail.com
- Instagram: thestockinsider
- Twitter: thestockinsider
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