HOW I WOULD LEARN TO TRADE FOREX IF I HAD TO START ALL OVER | Dr. Samara | 2023

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  • Опубликовано: 12 июн 2024
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    I am not a financial advisor. My videos are for educational purposes only and merely cite my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
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Комментарии • 21

  • @adrianaerickson6428
    @adrianaerickson6428 2 дня назад +1

    Thank you for your great video and vast information and for being kind to share with us. I am a beginner and going through so much but Gid is my provider and made me see your video. I am your new subscriber and thank you a lot.🙌🙌🙌😇😇♥️♥️🕊🕊God bless you 🙌🙌🙌🙌😇😇Congratulations 🎊 on your baby too & family!!!

  • @dishonwashington3792
    @dishonwashington3792 7 месяцев назад +2

    Peace Lil Sis. You were the first Forex YT'er that I liked and subscribed to about a year ago. As a traveling electrician I was on the road a lot. So, I would listen to your videos over and over to familiarize myself with terminology. Downtime in my rooms provided a chance to check your screens to see what you were explaining. As you said, there is a wealth of information on this platform. I sifted through it to extract what was good and useful for me. My schedule and instincts fit a scalping strategy. 1min chart unless the trend reverses on me. In which case I'll hold position, pivot, and still take profits until the others turn blue. Sometimes a few minutes, couple hours even days. I just refuse to close in red. I'm fine tuning my technique on MT4 demo. Ready to go live this week. I'll keep you posted. Thank you for being down to earth, open, and relatable. Imma get my daughters and girl cuzzo's on your line. Congratulations on your educational success and family growth!
    Peace and Blessings upon you and yours.
    👊🏾😎👍🏾

    • @SamaraChienye
      @SamaraChienye  7 месяцев назад +2

      Awe thanks so much! I am happy to hear that you have found what trading style/strategy works best for you. Blessings to you as well ♥️

    • @koollee
      @koollee 6 месяцев назад +2

      Im about same as u.. ready to go live.
      Did u demo a smaller acct.. or 100k account?

    • @dishonwashington3792
      @dishonwashington3792 6 месяцев назад +1

      ​@koollee
      Peace. I used 100k. I started scalping single $1 buy orders. The next week I went to multiple buy orders. As my profits and confidence grew, I bumped up to single,then five $2 buy orders at a time. Week 4-6, I bumped up to single, then five $10 buy orders. Of course, I had to adjust my strategy. In and out on the 1min chart ain't the same as working with lower dollar amounts. A reversal happens and profits go red quickly and exponentially. I learned patience and how to reference the higher time charts. I had to let some orders rude for hours and even days before they turned blue. 03Nov was exceptionally good. EURUSD went overbought and kept climbing. Profits for 22Sept-03Nov were just over $35k. There were definitely losses or that figure would've been greater. Enthused by my progress, I decided to share with a market savvy friend. He was impressed, but I also found out how much I didn't know. I wasn't using indicators (still don't), didn't know how to read the RSI chart at the bottom (Android MT4), didn't even know what StdDev was nor how they both interacted with the moving average, didn't know I could or when to enter a sell order (pivoting on a price action reversal), didn't realize that the trading day starts at 1700hsr EST (I did/ still do have a M-F 0245hrs alarm set), and I'm still addressing my Achilles heel: where to set stop losses/take profits. For now, I'm still using instant execution but I'm paying attention to if/how margin level %is being affected.
      06Nov-14Nov I averaged $10k or better daily. Then I got stuck in a few sell orders because the market went severely overbought 14Nov-21Nov. I got kicked out of those orders since my margin lvl% was insufficient. Now I'm on my 3rd MT4 demo account. I closed with $2500 20Nov, $2100 21Nov, and $20k today from sell orders that I held onto from Mon & Tues. I just opened a demo with Oanda and registered with SurgeTrader and TradindView. I will continue to learn and master stop loss/ take profit.
      Peace

    • @dishonwashington3792
      @dishonwashington3792 5 месяцев назад +1

      ​@@koolleePeace.
      Quick update. So, I ended up depositing $500 with OANDA. I sat on 10 sell orders @ $0.01ea for almost 2wks. Closed them yesterday for a $70 profit. US regulated & MT4 friendly. All from my Android
      👊🏾😎👍🏾

  • @juochiokpala8384
    @juochiokpala8384 6 месяцев назад +1

    Congratulations 🎉❤

  • @barbaraford6366
    @barbaraford6366 7 месяцев назад +1

    Congratulations

  • @mikebahati3627
    @mikebahati3627 7 месяцев назад +1

    Hi Samara, as one of your beginner's students, thanks for you videos thanks for your lecture I have got a clear clue about the market, may be next time you should plan to reward certificates to your student, lol anyway I'm glad and know that you are such a blessing to many.

  • @robryan1942
    @robryan1942 7 месяцев назад +1

    Ok sis i love your videos. My question as a newbie is can you do a video on what brokers you can use for indicies as a us trader. Please and thank you

  • @marquismartin9558
    @marquismartin9558 7 месяцев назад +2

    I need help plz, got hankotrade and mt4 , mt4 looks so hard to work with

    • @SamaraChienye
      @SamaraChienye  7 месяцев назад +2

      You have to use mt4 in order to trade. Hankotrade is your broker.

    • @marquismartin9558
      @marquismartin9558 7 месяцев назад +1

      Ok, I do have hankotrade, I sent the money on it the bitcoin , it was pending for 3 yrs so I canceled it. I haven't tried yet again cuz mt4 on desktop is not setting up right for some reason, idk if it's me or the system

    • @SamaraChienye
      @SamaraChienye  7 месяцев назад +1

      You should reach out to hankotrade for assistance. It may be the system.

    • @marquismartin9558
      @marquismartin9558 7 месяцев назад +1

      @@SamaraChienye ok I will and I meant 3 hrs not yrs lol just saw that.

  • @omekeedobor1474
    @omekeedobor1474 5 месяцев назад +1

    Please I want more tutorials on how to Open demo account,real account forex

  • @omekeedobor1474
    @omekeedobor1474 5 месяцев назад +1

    Can I want start trading this January