So You’re Frustrated With Trading - Here’s A Way Out
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- Опубликовано: 10 июн 2024
- Trading is risky, and most people lose money.
My Free Telegram Channel is now private, and has over 60,000 members, and can only be exclusively joined at this link: t.me/+TDVdM80j9lGfaWiP
Follow my trades, get coaching, hangout with the MFX group: www.missionfxtrading.com
FTC/CFTC Risk Disclaimer - Please read this so you're 100% aware of the extreme risks associated with any type of trading and investing.
I’ve said for years and years and years - trading is extremely risky, and most people will lose all the money they try to trade with - even the people who follow the information I provide. Trading is a skillset that is difficult to learn, and I make it look easy because I’ve been trading for 7+ years. As with any high performing skillset in life, trading is NOT easy.
Your likelihood of consistently making money trading is abysmally low, whether you learn on your own or whether you follow the things that myself or others teach.
It’s like becoming a doctor, many people start pre-med and medical school, but only a tiny fraction of them succeed and actually become doctors. The average success rate of trading is even worse that that! Becoming a doctor is obviously not for everyone, and becoming a trader is obviously not for everyone, too.
I (and my company, MissionFX, LLC) make NO guarantees/promises/express direct or indirect representation that you’ll achieve any specific result trading, regardless of whether you’re following my free or paid content.
I’m just some random guy on the internet who is sharing what’s worked for me - I have no clue what will work for you because there are a million contributing factors that will determine whether or not you will make money trading.
Do NOT take into account any information that I share anywhere on the internet as the basis for your trading decisions. I’m not responsible for your success, nor am I responsible for your failures.
Read the full risk disclaimer on my website below, so that you’re 100% aware of the risks associated with trading - then you can make an informed decision as to whether or not you want to continue following any of the information I share (or continue to pursue trading in general).
HTTPS://www.missionfxtrading.com/terms 
Животные
Thanks for all the sweet comments, friends. I'm happy you all liked this video.
To watch me apply the actual things you learned in this video - you can follow my daily live trading analysis for free in my public Telegram channel, that I've been running for over 5 years.
Link below.
t.me/mfxpublic
You are great!
Nick, brand new to forex. Literally know nothing about brokers, pairs, etc. Where should I start if I want to learn to trade FX? Appreciate any of your videos you can recommend, also is it best to just join close friends and get rolling? Thanks for any insight you can offer man. 👊🤝✌️
Certainly.
One query: Can you point me to a good AI for trading?
Since you suggested to come back and leave a comment. I wish you made this video 20 years back! Would save me enormous amount of time money and frustration. I started a telegram and post my real account and trades. Can't thank you enough.
8:00 there was a video on Discovery channel about lady working in a zoo studying behavior of the monkeys. Day by day she was watching them and recording everything what they were doing etc. One day she was writing something in her computer and on the background she heard monkeys were making unusual noise. Once she heard those noises she said to herself "Oh, today there are grapes for the lunch" , she looked into the room where employe of the zoo brought them food and it was those grapes, and she was like "Oh wow how did I know that it will grapes?" - later she realized that her brain connected sounds which monkeys make when they see different types of the foods while they are fed. Same here, lol, you have to watch those charts day and night in order to understand where the price is going.and only then you know when its time to buy or sell, and yes there are no textbooks on this ... ))
This video is pure truth - the content in this video is all anyone really needs. It was frustrating to me too until I accepted the randomness of it all and just started practicing how to manage my way out of bad trades and milking the good ones. Like Nick said, it really is an art.
The most effective AI trading tool is known as
Gemacollege
I discovered it through
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This right here is probably the best trading advise to have ever existed on RUclips.
I think it's actually pretty difficult to not become profitable following this advice... Thanks again Nick
jeez dude you sound so calm and collected and simplify things so much it almost feels too easy?! Why oh why do we overcomplicate this shit so much? I am going to try your advice, tx for this awesome video
we love you Nick! the only real trader who actually just wanna help and is better than 99% of the rest out there
A BIG thank you for sharing!
thank you for the message nick
Currently I don't feel frustrated - basically thanks to you and your videos. However, in the past I was getting EXTREMELY FRUSTRATED - usually mostly because of my incompetent plays. I will watch anyways, for the future.
I love you man! Thanks for all you do for us!!!
Thanks again, Nick, for the solid reminders.
This makes sense!! Appreciate you sir Nick! 🙏🏼🙏🏼
Thanks for your support for the community great video information 👍
I love this advice, I’ve recently found your channel and I appreciate your humor but more importantly, your message. Thanks
Thank you for the advises Nick, you seem so honest and straightforward, like a friend really, that it almost seems impossible to believe!
Great content! Thanks!
Great video! Thanks for sharing your experience! 👌
Love your content- just putting it out there because it's very appreciated, sure I'm speaking for a lot of people in this space.
Thanks for giving back to the trading community. Much appreciated!
Thank you. No BS easy to follow and replicatable
Love your videos dude. Been watching you a long time. I hate these scammers that pop up in here. Hate em.
Very true. Open (random) tiny positions that will not cause stress and simply manage them. This basic approach got me profitable (6 months in a row now, avging 30%/mo).
This is gold, thanks Nick.
Hands down, this is one of the most valuable video you can watch out there! Thanks Nick
Lovely video Nick!
thanks brother been doing the discord recording since the crypto banter live, It has really helped.
Dear Nick, thank you for such a priceless gift! Straight to the point. Real life.
appreciate your video Nick. thank you.
the most genuine channel so far...love it
I love your your dedication to make things simple, and to see people succeed. Brilliant video! 👍
Nick you are awesome. This video help me to not quit.
Appreciate you 👍🏿
Wise words. Thank you
Awesome Thank You
A very honest, Level-headed, Common-sense, approach to developing your own strategy. .I highly recommend this video to not only beginners but those of us that have lost the touch for some reason. Cheers..
You are the only, and I mean only trader I trust. Thanks
Thanks Nick...
Nick, we would love to see a video regarding your transition into full-time trading (relying on trading to pay bills and main income). Thank you, and you have transcended our trading! ❤
Excellent video. Your assessment is incredibly insightful
👍Thanks, Nick👍
Last video was priceless set alerts and leave the computer
thank you for this. ive been out of the game for too long, but this video is helping me want to come back
Thank you for this video Nick! I've started a discord to keep track of my trades
Yes, setting alerts helps me not over trade and I use the daily/4hr timeframe.
I'm now profitable because of you! Thanks!
Just want to let you know, appreciate your help! ❤
amazing thank you
This is one of if not the best trading "strategy" video on youtube. Thank you!
Thank you so much for this video sir
trading is art awesome thanks man
Thank You Sir Nick:)
He got an honorary knighthood lol
A gem of a video... Much appreciated... This is the Real Deal💯👌
This is your best video IMO.
Thank you
that usdcad trade brother. you're the gift that keeps on giving
Dude…Nice!
Thank you for your honest video
I haven’t watched any of your videos in a while popped up, so I clicked it just to see very good video helping lots of people i’m kind of the exception to the rule self taught I am profitable have been since I started my problem is consistency. I make a lot, but then I lose a lot. I’m going to try what you said and will let you know if it helps me be more consistent thank
Another great video, Nick! I know you have mentioned how you worked essentially minimum wage jobs and lost money initially trading. Can you share what the transition was like for you going from losing to winning trader? Did you get some money to start? Or did you manage to take a smaller account and grow it? Did you just have some "lucky" runs to bulk up your account and then use your experience/knowledge to continue?
Yes I would love to see this !
He shares what his process was in some of his videos, but basically he started with two jobs, saved up to trade with, lost some, made some, made more and increased from there.
thank you
Hi! Very nice content my friend. Simple and straight. One question. Do you just buy support and resistance without any confirmation. I mean when the price come to your zones you just enter in the middel of the zone without any candekstickpattern?
I really like Nick's content. I discovered him a few weeks ago and love the simple approach. I'd categorize myself as a frustrated trader. I'm just going to paper trade for awhile, then start again with real money when I get the hang of it. I can tell Nick wasn't feeling great for the vid (some coughing and sensitive eye stuff) but he did it anyway. Kudos. You're generous with your info and don't ask anything in return. I suppose you look at this as a way of paying it forward. Thanks man.
We are in the same exact boat it’s crazy😂
Yes, that's accurate.
Here's a question: Can you point me to a good AI for trading?
Three words - thank you Nick
Yeah! I'm really struggling to read charts, watched an almost 2 hour tutorial on how to trade options, but I still don't really get it. I really want to learn how to properly do it. I have about $110k set aside to create a good portfolio. I'd appreciate any reliable inputs.
It's not that hard. The strategies are just rigorous for the regular-Joe but are most successfully carried out by pros who have had a great deal of skillset/knowledge
I was able to remain afloat in the market and build my portfolio to around 65% since January by copying trades from a financial expert. In a matter of months, I was also able to achieve a net profit of over $650K by trading equities and certain ETFs. If you're a novice, you ought to think about exploring that choice. That's always a safer option.
@josephbush Please could you shed more light or details? Or how can I contact the expert that helped you?
@aureliobjm I’m a banker, and my job doesn’t permit me the time to properly analyze my holdings/evaluate stocks myself, so I’ve had a fiduciary "HEATHER LEE LARIONI" actively restructuring my portfolio to match the present market condition and that’s how I’ve been able to stay afloat, knowing when to buy and sell
@josephbush Just looked up the name and came across her web page, went through her resume and I must say it was quite impressive. I reached out to her and I have scheduled a call with her. THANK YOU
It did. Thank you ❤
Your trading looks good to me. As soon as I have the money I will join your close friends group. I will save for it than probably I can start in december.
I am going to start trading through this approach in demo A/c 1st from today onwards.
Your videos are incredibly helpful and inspiring. One question: Do you have an approach to Options Trading as well? Thanks again for these videos.
first u the goat bro
All I can say is, thank you!
Thank you Nick, i am still learning, collecting knowledge of trading, like forex
common sense...refreshing!
I spent a considerable amount of time searching for a good strategy before delving into Forex (FX), and I believe this is the most logical and straightforward approach (from my perspective as a software engineer). Similar to programming, the most elegant solution to a problem is often the simplest one, but achieving that requires a wealth of experience and practice. I think Nick has already experimented with different market approaches, and it makes sense for us not to waste time trying to decipher the erratic movements of prices. It's all about consistency and probability...
Hi Nick did save this video and see you in a few months with an reaction wish me luck.
Hey, you've already seen my comments before. Just an update. I'm on it. Got the tracking down and ready to roll!
respect !
Straigh up been trading 4 years, and Nick Shawn is probably the only person I recommend to new and old traders. Keep it up man because most these “gurus” are not what they seem.
brilliant
Bro, you're the most legit on RUclips ❤
Thanks nick.. U truly is an inspiration to losers like me.. ☺️.. Wil jump start the journey again..
Thanks Nick! My brother and me started trading in June in trading there is no predictability - i get it now arter your 10th video about it LOL
After i accepted this, my fear about entering a trade was gone and my results in terms of P/L were significantly better. Thanks man!
Love your video's Nick. Quick question, what is the lowest time frame to use for this strategy? I think you said 5 mins is no good, would 30 min or 15 min frame be OK to trade on? Thanks
oh i was expecting you to suggest keeping myself safe.
Can you make a video specifically on Support & Resistance?
And how and when to enter for buying or selling on support and resistance ..
🙏 thank you ♥️
exactly, overtime youll pick up price-move nuances that even when a setup forms to your rule, you re not gonna take the trade.
I’ve done three masterminds and it’s been a full year since I started and I have to step back and stop taking unplanned trades because I’m getting my ass kicked and it’s killing me. I need to revisit my approach mentally and simplify this for sure
Part of a very important coin been talked about in the BCL
checked
Dude u're fucking amazing....Best video for guys like me who have too much knowledge(shiny objects) but doesnt how to use it
Camera setup? What camera u using rn nick?????? ✅💪🏻📈 thanks bro
I love your approach to trading. What you're teaching is really different to a lot of other teachers but it makes so much sense and gives me confidence that i will achieve my goals in trading.
Exactly!
You're unique. Your efforts will soon yield results.
I would differ from your take Nick. Indeed you are a very smart person. You live by Occams Razor (that simply states that the simplest solution is often the best one). Most academics will never do that or admit to that which is why most of them make poor traders. Very compelling video. Nicely done.
Checking my journal, I'm 273 trades in, since april this year. Mix of demo and real. Currently real. I can't quantify exactly what looks like a trade worth taking, but through repetition and practise I see them at least sometimes now. Lowering the amount risked was also very big. Be honest with yourself what an 'emotional' amount is. It doesn't matter if that makes your wins less exciting. You don't deserve exciting wins yet lol. My biggest problem currently is being too risk averse and getting out too early, but that's a good problem to have. It also keeps me out of trouble a lot.
Although, when it's time to degen. I like a little news trading. Small account and just bet it all. Either you get margin called at a meagre percent and you blow the account, or it moons and you might more than double the account. Or it was fake news and nothing happens. Risk controlled degenning.
This man❤❤❤
@Tapmyimagetowtsap- how?
Good day. I've been following you a while and REALLY impressed with your performance. I would like to join the friend's group, but work full time and live in South Africa, so our times do not align at all. is there someone I can discuss this with to see if it's worth it for me to join?
I’m not happy that reality is not meeting my expectations. This world is a shit hole. Getting out bed to meet the reality. Well you get the point.
Thanks nick for sharing your get up and go.
Il get there one day lol 🌞❤️🌱
Thinking of you Support / Resistance method of Trading. I dont have a FOREX account. Would you recommend the same approach if I were trading SPY Options?
no bad I need try do this way...
Love your vidoes and trading style. I am at my third attempt at trading even after I blew all my 401k savings in 2018. You helped me belive in myself and that I can do this. Side note: in my trading notes in discord that you have shown us how to keep track of our trades. I have added my emotions for each trade using emojis. It is helping me undertand my feelings attached to each trade. Just an idea for my fellow degenerates
I decided to remove my indicators after i watched this video. And went from losing to winning. A couple of weeks out i decided to add RSI and volum. And then went into stumbling and losing again. I have now removed them again, and are into profit. I see a lot of traders that are using them. Its probably me that to not know how to use them corectly.😊