how i trade (as a complete idiot)

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  • Опубликовано: 3 фев 2023
  • 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
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Комментарии • 1,9 тыс.

  • @NickShawnFX
    @NickShawnFX  Год назад +419

    What’s the most cringy trading approach you’ve ever seen

    • @jnotlehs
      @jnotlehs Год назад +85

      RSI, stochastics, vwap, ATR, and throw in the MACD...just for additional confirmation.

    • @nigelhutchinson5332
      @nigelhutchinson5332 Год назад +75

      Supply and demand traders trying to explain how to draw supply and demand zones.

    • @frankyhymenandthepimps
      @frankyhymenandthepimps Год назад +21

      I.C.T.....aside from the timing and session kill zones etc

    • @frankyhymenandthepimps
      @frankyhymenandthepimps Год назад +8

      @@nigelhutchinson5332 lmfao BRO

    • @NickShawnFX
      @NickShawnFX  Год назад +61

      @@jnotlehs don’t forget the smart money institutional order block candlestick pattern just to be 100% sure

  • @shellylofgren
    @shellylofgren 9 месяцев назад +1029

    I've just retired recently and I must say I found this video informative and great to review. These psychological concepts are much more useful for individuals attempting to avoid mistakes than I realized when I was first introduced to them. This is probably why Warren Buffett talks so much about temperament being crucial to his investing success.

    • @philipr1759
      @philipr1759 9 месяцев назад +4

      Developing a solid financial portfolio is more difficult, therefore I suggest you seek expert assistance. The ideas you receive after that can be tailored to your long-term goals and financial desires.

    • @berkrix4312
      @berkrix4312 9 месяцев назад +4

      Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

    • @jeffery_Automotive
      @jeffery_Automotive 9 месяцев назад +4

      The issue is this! Most often, those with little to no experience in the stock market attempt to buy on their own. It previously occurred to me, but I learned from it and contacted "Julie Anne Hoover" a finance expert with offices in the US, and everything changed. I earned $370k so far in the first quarter of this year.

    • @DavidRiggs-dc7jk
      @DavidRiggs-dc7jk 9 месяцев назад +3

      @@jeffery_Automotive I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?

    • @jeffery_Automotive
      @jeffery_Automotive 9 месяцев назад +3

      Julie Anne Hoover maintains an online presence that can be easily found through a simple search of her name on the internet.

  • @michaeloliver9249
    @michaeloliver9249 Год назад +304

    Stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?

    • @artzystv3113
      @artzystv3113 Год назад

      what?? why would you liq at a loss? if companies are in profit and look good then u have nothing to worry about

  • @stevensmiddlemass2072
    @stevensmiddlemass2072 Год назад +396

    Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.

    • @Curbalnk
      @Curbalnk Год назад +1

      These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

    • @DanLeahfort
      @DanLeahfort Год назад

      @thelastunicorn1987 Interesting. I've a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how did you achieve this?

    • @DanLeahfort
      @DanLeahfort Год назад

      @thelastunicorn1987 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @fredm1
    @fredm1 5 месяцев назад +159

    Really? Cos I'm still not a profitable trader even though I am a little knowledgeable about chart patterns, how to identify support and resistance, and how to break a trend. I'm not sure how to apply risk management. Like HOW exactly can people make so much money in trading? I've lost $72k already since i joined a trading channel.

    • @georgeh.5126
      @georgeh.5126 5 месяцев назад +4

      Lol its very possible. 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

    • @MarvishaN
      @MarvishaN 5 месяцев назад +5

      Just before the epidemic struck, I had $80k to begin trading with. While many people's portfolios collapsed, I persevered with my financial advisor and even earned a profit of almost $420,000 in months of active sessions. It is possible under the right guidance.

    • @fredm1
      @fredm1 5 месяцев назад +3

      @marvishaN Do you mind sharing info on the adviser who assisted you? Please?

    • @MarvishaN
      @MarvishaN 5 месяцев назад +5

      Sure. She goes by 'Heather Lee Larioni' and deserves credit as one of the finest financial planners who decides what i acquire including digital assets. Her reputation precedes her, and I highly recommend her on a public post.

    • @fredm1
      @fredm1 5 месяцев назад +1

      Found her contact webpage! I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially. Thank you.

  • @svenoliver6040
    @svenoliver6040 8 месяцев назад +115

    Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

    • @jorj1357
      @jorj1357 Месяц назад

      i know absolutely nothing about trading, however i know a lot about doing hard things, and i can say this -- you (probably, 95% chance) DO have enough time, and (given you have the will to improve every day, and find ways to systemize/optimize your life to achieve your goals) its normally a matter of WHEN, not IF. ik this sounds like hippie smoker bogus, but there's a reason that the greats of the world keep saying the same things over and over
      you could make 5 million dollars (probably more) doing anything: robberies, trading, stripping, managing fire department supplies, real estate, finding it on the side of the road, flipping cars, managing a couple stores for a big chain restaurant... there is not really a limit. all that matters is that you research, research, research, then pick one, and then stick to that one UNTIL you hit your goal.
      probably gonna be hard, u probably wont like it all the time, but its a damn good tradeoff considering the end goal
      good luck! you won't need it

  • @MIchaelGuzman737
    @MIchaelGuzman737 11 месяцев назад +192

    I came here to get an idea of how to trade utilizing A.I trading bot after hearing a guy on a podcast talk about the importance of A.I trading bot and how he made $660,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

    • @sommersalt88
      @sommersalt88 11 месяцев назад +2

      Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

    • @CynthiaByrd648
      @CynthiaByrd648 11 месяцев назад +3

      I was on both ends of the spectrum, invested on my own for about 3 years, did my own fundamental and technical analysis before trading. Things got pretty tough after the pandemic and I got in touch with an investment advisor who uses artificial intelligence to predict and trade and also incorporates copy trading so that her clients' portfolios can easily reflect her trades. It's been over 2 years and I've increased a stagnant reserve from $80,000 to $700,000.

    • @Americanpatriot723
      @Americanpatriot723 11 месяцев назад

      @@CynthiaByrd648 Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how can i reach out to this investment-adviser if you don't mind putting me to the right direction?

    • @CynthiaByrd648
      @CynthiaByrd648 11 месяцев назад +5

      When "JILL MARIE CARROLL" is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you. Having her guide me through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a Google-able person, so it shouldn't be hard to find her official website since she is prominent.

    • @Americanpatriot723
      @Americanpatriot723 11 месяцев назад +1

      @@CynthiaByrd648 She really seem to know her stuff, i saw her educational background and qualifications on her website after looking her up, I wrote her a message detailing my experience & goals, hopefully she responds soon. Thanks for sharing.

  • @MrCharrrles
    @MrCharrrles Год назад +17

    "how to be an idiot and still make money" This is right up my alley

  • @mathebulamkhize876
    @mathebulamkhize876 Год назад +203

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.

    • @nvtnvt9044
      @nvtnvt9044 Год назад

      Sounds like a couple of yolo's on some pennystocks

  • @BuzzKent
    @BuzzKent 9 месяцев назад +8

    It is refreshing to listen to straight-up, no bs advice. The age of getting answers from so-called "experts" is over. (I hope)

  • @stanleyzac1648
    @stanleyzac1648 Год назад +1138

    The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns...it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus..

    • @tomaszcz_k
      @tomaszcz_k Год назад

      Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.

    • @stanleyzac1648
      @stanleyzac1648 Год назад +2

      I’ve made lots of profits from my capital with Sir Rodger Michael Karl But basically, it all depends on your investment capital, Possibly you can earn more with a good start”up capital, $15,000 in every week so glad to be one of his investors.

    • @WiolciaMrozowska531
      @WiolciaMrozowska531 Год назад +1

      Thank you for this tip. it was easy to find your coach online. Did my due diligence on him before scheduling a phone call with him. he seems proficient considering his résumé online...

    • @Windarti30
      @Windarti30 Год назад

      Wow i just googled his name and I saw his resume, Its very impresive i count myself lucky for seeing this comment section..

    • @AnnaFed015
      @AnnaFed015 Год назад

      Rodger Michael Karl is among the best traders on the internet and I'll keep saying it every time. Just google his full name and you would see him on-line .

  • @sianks2682
    @sianks2682 Год назад +17

    Andrew Tate?

  • @ericprunty3734
    @ericprunty3734 Год назад +211

    There is no better strategy because am aware that continuing to invest or trading during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?

    • @aigajenkinson2495
      @aigajenkinson2495 Год назад

      that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you...

  • @Willycheng590
    @Willycheng590 7 месяцев назад +23

    This was brilliantly put together. I’ve been watching clips on youtube for months now and with professional help, I’m making outstanding progress with my trades.

    • @Novakissla
      @Novakissla 7 месяцев назад +1

      I've tried trading myself, bought courses, and tried everything possible to beat the market, without making any headway. How are you doing it?

    • @Willycheng590
      @Willycheng590 7 месяцев назад +4

      I know that learning the ins and outs of trading is not for everyone. Personally, I trust Herman Jonas, an astute trade analyst who has helped me with trading stocks and forex profitably. Not only that, I also get to learn from him! I’m glad I took that leap to believe in him.

    • @OlineFarms
      @OlineFarms 7 месяцев назад +2

      That's your view. In my experience, there is no such formula, It is nearly impossible to achieve success with trading. It’s all just gambling.

    • @Ferocious923
      @Ferocious923 7 месяцев назад +2

      I agree, and for that reason, I prefer to have a trade analyst like Herman make my day-to-day trading decisions. Given that his entire skill set is based on going long and short at the same time as well as employing risk for the asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis he's got, it's nearly impossible to not out-perform. I've been using him as my financial consultant and the rate of accrual on my portfolio has been positive over the years.

    • @Sithembile499
      @Sithembile499 7 месяцев назад +1

      Hello, how can I reach him, please? I need help with Trading.

  • @TradePip
    @TradePip Год назад +4

    this some serious shit out there Nick...kudos....unfortunately retailer community will not understand the power of experience and risk management 😑

  • @Spitfireseven
    @Spitfireseven Год назад +1

    Your attitude is so familiar. I just can relate to it. Some people don't seem to want to buy into simple concepts. Some do and don't let you know they do. Thanks for the great video.

  • @janperski8130
    @janperski8130 11 месяцев назад +1

    Best video on trading I've seen in years. Learned more than any other vid out there . Thank you for explaining.

  • @goldwynlife3713
    @goldwynlife3713 10 месяцев назад +16

    When i discovered your channel, i remember not being able to sleep.
    Got me seeing trading as a real viable option for someone like me who prefers not to deal with people to make some money.

    • @goldwynlife3713
      @goldwynlife3713 10 месяцев назад

      uhhhh.... yeah.... sure......🤣🤣🤣

    • @satvikarora5813
      @satvikarora5813 8 месяцев назад +3

      how’s that going for you?

  • @theredcomet9330
    @theredcomet9330 Год назад +51

    The first 13 seconds I lol'd so hard. So relatable... I love how simple this is man. Thanks for doing what you do. Keep it coming!

    • @korylp6219
      @korylp6219 Год назад

      I related to this a few years ago and I burst out laughing 😂😂😂

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @Ben-zq6hg
    @Ben-zq6hg 10 месяцев назад +2

    Amazing Nick. Crazy relatable and funny, but above all, so so very simple! Just manage risk and keep going.

  • @mfonsos
    @mfonsos Год назад +1

    your average Joe! Love you man! really enjoying your content! keeping also notes :)

  • @EvanQuiel4
    @EvanQuiel4 Год назад +423

    I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how.

    • @caroamira
      @caroamira Год назад +6

      Look at it this way, while some folks are waiting to make minimal profits when stocks recover, some others folks already know where to look and what to do to make hefty gains in these times, so yea, it all boils down to knowledge to risk mltigation.

    • @logisticsdelivery
      @logisticsdelivery Год назад +4

      @@caroamira True, I was in dilemma myself due to this chaotic mrkt, wasn't sure if to sell or just wait a little longer, 75% of my portfolo was tanking and in the red and the economy isn’t looking promising, but I began gaiinng clarity and have more confidence in my invt through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amt in fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind.

    • @victorcardi2019
      @victorcardi2019 Год назад +4

      @@logisticsdelivery Omg 650K this year? that’s neat, I was actually reading an articles this morning on Bloomberg about technquees to gain in this dip, but I’m just a noob so i don't understand most of it, who is this advlser that guides you, I’m having serious troubles with my portfolio

    • @logisticsdelivery
      @logisticsdelivery Год назад +2

      @@victorcardi2019 Patricia Susan Wallaitis is actuaIIy the one that guides me, she’s a highIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name.

    • @frankie2xx774
      @frankie2xx774 Год назад

      Hey even I just wanted to inform u that I don’t believe any if these comments Sayjng that they are making 6 figures in a week or month lmao I think they are bots I’ve seen the exact same comments in other trading/crypto channels so that’s a red flag lol also you can definitely invest RN into all the blue chirps that are on sale how is the time to buy that’s for sure buy conservative securities and hold them u will be a wealthy man in years to come also there are stocks you can buy that pay good dividends . There is cryptos u can buy and hold that will explode with in the next few years. So ya don’t listen to these people telling u how rich they are in a week lmao I can’t stand when these slime balls mislead people like this it is disgusting and pathetic that people do that if it sounds too good to be true it is always definitely too good to be true lol . Day traders they do quick trades ya they can have really pro days but it for sure doesn’t happen everyday sone guys are really really good but even they take losses the best way to invest with stocks and bonds is to buy right now there is basically a sale on everything lol they say these are the times when stocks are at all time lows is when people do get rich in the next bull markets

  • @cliveharrison4507
    @cliveharrison4507 Год назад +2

    Hi Nick just discovered your site been watching your previous videos love your style.

  • @ishmailadams7239
    @ishmailadams7239 Год назад

    Thanks for this vid I have 2 questions do you just do forex trading and do you use this trading view to buy and sell stocks?

  • @cybertyga68flo73
    @cybertyga68flo73 Год назад +1

    Hi just found you and i dig the way you do this man . Simple and best of all in profit. One question what platform >? I am assuming FX something please advise . Thank you /

  • @alexcorrea8855
    @alexcorrea8855 Год назад +6

    Love how direct and to the point this was, thanks brotha!! I appreciate this!!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @bexitervlog
    @bexitervlog Месяц назад

    You've outlined the strategy exactly as I sensed it. The potential gain comes from the market, and people who open a position have the intuition; all indicators are just noise or foolishness that drives. It can't be calculated. I'll adapt it to my strategy, but yours is very good. Thank you for sharing.

  • @leandrosilva6414
    @leandrosilva6414 8 месяцев назад

    I like you no bs aproach! Subscribed!

  • @chrispaul3778
    @chrispaul3778 Год назад +88

    We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification.
    Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

    • @Siegeclan34
      @Siegeclan34 Год назад +1

      Ok Bear. CPI report is not out yet wtf.

  • @powis-tv8ln
    @powis-tv8ln Год назад +31

    What a scam. "Even average joe can do it" to pull on people's hopes for a better future. Then you dig further and you have a key element of "experience" that you need to make the magic work, and you offer an ungodly expensive subscription in order to shortcut the experience factor. This video even has a rediculous amount of scams within the comments, you can't trust anyone here, people! Would be good if this became a top comment as warning.

    • @TheIronBeard275
      @TheIronBeard275 9 месяцев назад +4

      My exact thoughts, be careful there is no get rich quick scheme out there.

    • @ndanielamaha5618
      @ndanielamaha5618 8 месяцев назад +7

      Why is he selling courses if he's making millions? 🤔

    • @iLLFX
      @iLLFX 7 месяцев назад

      @@ndanielamaha5618I don’t understand why people have such an issue with people wanting to make MORE money…how is it scammy or misleading? People actively search for trading videos why not make a channel showing concepts, and create a course for people to buy? lol! You’d be a moron to not do this.

    • @chizzlemo3094
      @chizzlemo3094 6 месяцев назад

      anyone selling a course is a SCAMMER

    • @deno174
      @deno174 6 месяцев назад +2

      😂but have u seen adverts on the channel?

  • @steffmay7969
    @steffmay7969 Год назад

    watched so many of your videos over the last couple days, you always use forex do you know if it works on indices? Dow, Nas, DAX?

  • @qbb01
    @qbb01 Год назад +4

    This strategy has one major flaw. It only works in ranging markets because as soon as a market trends hard in one direction, continuing to add shorts or longs to bring your break even closer just increases risk and you blow your account when it continues straight up or down.

    • @kriskruz3792
      @kriskruz3792 Год назад +1

      Exactly what I was thinking!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      ❤❤hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important❤❤❤

  • @blaquopaque
    @blaquopaque Год назад +288

    Only if a good amount of folks do what you teach, just imagine how many millionaires we already have or will have in the future. Not the sad statistics where at least 50% of people are living paycheck to paycheck, even for high income earners. Great contents as always!

    • @glenbert1396
      @glenbert1396 Год назад +3

      A relatively simple way to build wealth for future generations is to consistently invest in top-notch, dividend-paying REITs and blue-chip companies over time.

    • @smithmurphy
      @smithmurphy Год назад +2

      Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.

    • @shirleneunglesbee1423
      @shirleneunglesbee1423 Год назад +6

      @@smithmurphy

    • @alexanderdimitar7154
      @alexanderdimitar7154 Год назад +1

      @@shirleneunglesbee1423 How can I touch base with Jill Marie? what are her services like? is she verifiable? do you think she can help me, I live in Canada.

    • @shirleneunglesbee1423
      @shirleneunglesbee1423 Год назад +3

      @@alexanderdimitar7154 You can easily contaact her by conducting a quick inteernet seairch with her name.

  • @lanepittman5420
    @lanepittman5420 10 месяцев назад +2

    Nick I just found your channel. And I have to say that you make it very easy to understand what your doing. Thanks for sharing your knowledge. Im ready to try trading out.

  • @KT-zx9jr
    @KT-zx9jr Год назад

    Do u trade stocks too? If I understand your strategy for risk mngt, you would buy a call at support, plus a put to hedge as you say, and sell at resistance, so you could buy an ITM call and ATM or OTM put to offset a relatively larger loss but still profit if the stock goes to your expected resistance zone? Thanks.

  • @victorl225
    @victorl225 Год назад +89

    That intro is the most honest financial message from a RUclips video I have seen. It should be the gold standard for finance RUclipsrs, sadly most financial RUclipsrs have made their millions from grifting their followers instead of from their investments.

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

    • @victorl225
      @victorl225 11 месяцев назад

      @@Jesusislord-hd7fe what?

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      @@victorl225 Jesus can make you a newborn human with HIS SPIRIT who will not go to hell but have eternal life

    • @MP_Derrick
      @MP_Derrick 11 месяцев назад

      ​@@victorl225the guy is replying to everyone's comment

  • @chris-pj7rk
    @chris-pj7rk 10 месяцев назад +5

    Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

  • @MoonlightLobster
    @MoonlightLobster Год назад +1

    Awesome video mate.
    When you say you hedge the trade what do you mean?
    Can you talk through the trade setup?

  • @mookiemiata2391
    @mookiemiata2391 Год назад +2

    This is perfect man, great video that I hope everyone sees. Support and Resistance! Keep at it!!

    • @mookiemiata2391
      @mookiemiata2391 Год назад

      I do believe things may change though because of so many additional people gaining this knowledge. Do you guys think that things will get easier to read because more and more know the patterns or do you think itll all change in favor of the elites?

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @stjepanhauser7595
    @stjepanhauser7595 Год назад +149

    "From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

  • @oo-sm5oi
    @oo-sm5oi Год назад +2

    what if hedge orders keeps triggering? do u continue adding the hedge till the account is blown?

  • @nkuznet202
    @nkuznet202 Год назад +2

    very simple Nick thank you, i was over analyzing every trade even after going through your entire course

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @Steifmeisterclips
    @Steifmeisterclips Месяц назад

    So you mainly wait for the price to hit either support or resistance level's on 1h time frame? do you trade on other time frames too or no?

  • @84gaynor
    @84gaynor Год назад +76

    Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?

    • @kashkat987
      @kashkat987 Год назад +2

      It's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

    • @MIchaelGuzman737
      @MIchaelGuzman737 Год назад +4

      The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a CFP seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy, coupled with the exclusive analysis, it's quite impossible not to outperform. Netted over $550k in ROI since then.

    • @Americanpatriot723
      @Americanpatriot723 Год назад

      @@MIchaelGuzman737 It makes a lot of sense, good for you, unlike us, you seem to have understood the market. How could you make such a sum?

    • @MIchaelGuzman737
      @MIchaelGuzman737 Год назад +5

      No doubt, the stock market is definitely the most awkward teenager with the wildest mood swings! I began with a pundit by name "LISA ELLEN SHAW". Her approach is transparent allowing total ownership and control over my position and fees are very reasonable in comparison with my ROI.

    • @Americanpatriot723
      @Americanpatriot723 Год назад +1

      @@MIchaelGuzman737 I searched her up online and checked out her credentials since I was so intrigued. Top-notch! I emailed her to inquire about accepting new clients.

  • @beestheknees
    @beestheknees Год назад +3

    How far away are you placing your hedge orders usually? You have a set amount of pips or are you just eye balling it?

    • @NickShawnFX
      @NickShawnFX  Год назад +3

      Just on the other side of the zone I'm trading a bounce off of - the actual pip number is irrelevant, the only need for the amount of pips to the hedge is to calculate the lot size

  • @bangujangID
    @bangujangID Год назад +1

    dude, you got a sub! love your way and your way of teaching bro! greets from Indonesia haha! youre a funny man ma dude!

  • @benbenayonkirsh2956
    @benbenayonkirsh2956 Год назад

    Awesome video!! What time frame are you using for that replay? Thanks

  • @vladbivol8153
    @vladbivol8153 Год назад +4

    12:35 You say you use your experience to decide whether a zone might bounce price or break, so what exactly is that experience. Experience still comes from seeing a lot of price action and forming some kind of pattern bias therefore its not random as you said in the past and i think its a crucial detail you should explain in your videos

    • @NickShawnFX
      @NickShawnFX  Год назад +1

      just follow the setups i post in the free telegram for a year and you'll see how i make context based trading decisions. experience certainly helps, i think everyone would agree

  • @gorgisheli4360
    @gorgisheli4360 Год назад +5

    It would've been more convincing without bot comments 🤣🤣

  • @user-xt8es5nj4n
    @user-xt8es5nj4n Год назад +1

    Just found this channel, love it been binge watching all the vids👊

  • @sleepingtiger2096
    @sleepingtiger2096 8 месяцев назад

    I really love the title of this video. It always gives me a great chuckle when it pops up in my suggested videos.

  • @KaptainKhaos70
    @KaptainKhaos70 7 месяцев назад +4

    🎯 Key Takeaways for quick navigation:
    00:00 📈 The speaker suggests a simple approach to trading using support and resistance without complex indicators or strategies.
    03:07 💰 When starting trading, consider beginning with a small account and using high leverage, and only risking a small percentage of your capital per trade.
    04:00 📉 If a trade goes against you, consider using hedging instead of stop losses to potentially exit with a profit or breakeven.
    08:23 🤔 The speaker emphasizes keeping trading simple by focusing on support and resistance levels and controlling risk.
    15:54 🚫 The speaker highlights that trading success is not guaranteed and depends on factors like individual effort and intelligence.
    Made with HARPA AI

  • @realtimeforextraderthebrut8571
    @realtimeforextraderthebrut8571 Год назад +4

    Great video Nick!!!!
    Full of lots of useful info!!!!
    There’s ALWAYS something to be learnt….
    Than you for sharing…
    Sharing knowledge & experience benefits EVERYBODY in the trading world!
    Looking forward to more posts

    • @NickShawnFX
      @NickShawnFX  Год назад +2

      yes

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      ​@@NickShawnFXhey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @iamjacksrage00
    @iamjacksrage00 Год назад +1

    subbed bc ur hilarious bro, this is also nice advice

  • @sunshinemodels1
    @sunshinemodels1 Год назад +4

    Thanks Nick. How exactly are you hedging? i.e. are you going long and short or using puts?

    • @harrymagooslum5770
      @harrymagooslum5770 Год назад

      Precisely my question too. What’s your definition of “hedging” and how does that look in order entry? I got lost in what you were doing… perhaps I need to re-watch and see if a lightbulb goes on over my head.
      Btw, “the trend is your friend” is related to this. Trends do reverse but by definition that’s something that happens less frequently than their continuation of highs and lows. So I give what you presented here some merit. Just need to prove it for myself after understanding completely what you are suggesting.
      Peace! Be well. And keep smiling :-)

  • @fluxus_tr
    @fluxus_tr 9 месяцев назад

    Nick I have to thank you - since following you and watching nearly all your vids back the past 2 months have totally changed my perspective on the markets, it's so, dam, simple once you get it

  • @tonyhaltmar1383
    @tonyhaltmar1383 Год назад +52

    YOU SIR, are a genius! I love the way that you explained this. No bs, no fluff. Easy and straight to the point. Thank you! 🙏🏻

    • @S_P420
      @S_P420 11 месяцев назад +2

      I made an indicator that plots basically his zones automatically on the chart🏆

    • @llwydanwyl
      @llwydanwyl 11 месяцев назад +1

      that you sir is cringe, just say thank you

    • @S_P420
      @S_P420 11 месяцев назад +5

      @@llwydanwyl dafuq?

    • @AKOWALINO
      @AKOWALINO 11 месяцев назад +1

      is no one gonna talk about how hes saying you're making a 18% gain ($180) when you're making a .80% gain ($8) would be great if you were making the 18% gain lmao

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад +1

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @yeahh9857
    @yeahh9857 Год назад +2

    I peeped those AU & EU trades from earlier today, projections of few hundreds but for some reason I don't let myself stay in the trades too long, made profit yes but if i would've let them run til this time I'd be even more in profit. Any tips for getting out early ?

    • @NickShawnFX
      @NickShawnFX  Год назад +1

      track what your metrics are after you exit trades, and let the data tell you whether or not your system would be more profitable letting trades run. if so, conquer your inner b*tch to hold the trades longer, it's that simple

    • @yeahh9857
      @yeahh9857 Год назад

      @@NickShawnFX awesome thanks for the reply ! Will try to channel the inner b*tch to become more of an inner warrior 🔥

  • @Sangsomification
    @Sangsomification 11 месяцев назад

    Hey Nick, thanks for the info. What kind of account and platform do I need to look into?

  • @andrepaiste795
    @andrepaiste795 Год назад +1

    I love your approach! And thank you for sharing your mindset in Telegram!

  • @frixfilm2866
    @frixfilm2866 Год назад +2

    Hmm I love your approach I've been trying to combing a lot of info into one account which goes wrong but I think simple s better

  • @mistymcgillen_
    @mistymcgillen_ Год назад +103

    It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.

    • @miakaylee_
      @miakaylee_ Год назад +2

      Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor their trade.. I will advise you should stop trading on your own it's very risky, seek advice of a professional trader.

    • @Derekvarsalona
      @Derekvarsalona Год назад

      People are scared of investment because of high rate of scammers on the market

    • @Alessandroabbatecola
      @Alessandroabbatecola Год назад

      @@Derekvarsalona Yes there are scammers in the business just like it's in every other business but there are also legit brokers out there for investors and Mrs Kathleen Susan is one of the real and legit brokers out there.

    • @Stevenmurray_
      @Stevenmurray_ Год назад

      I've got up to $250,000 return since i came across Mrs Kathleen Susan trading platform, My financial life has completely changed, all thanks to Mrs Kathleen’s awesome trading strategies..

    • @WayneDavison_
      @WayneDavison_ Год назад

      Since i started investing money on crypto currency under Mrs Kathleen's management i invested $5000 and profits is $19,700 every 11 days and i never lost my money on crypto.

  • @bigbeurs
    @bigbeurs 2 месяца назад

    Hi Nick. The hedge buy order howmany lots would that be? doubel the short one?

  • @bilalqadirpk
    @bilalqadirpk Год назад +1

    You are really the best. Learning a lit from your videos and telegram channel.

  • @ivanm5209
    @ivanm5209 Год назад +3

    445,916 views. Dude monetized some and lured some new meat to the game. Did a public services to the few sharks swimming in the murky water and made some dough in the process. Kudos to you my man! It would be entertaining if it was not for the dudes that would follow this and burn through their 2k account it took them a year to save in their 9-5 job. Go get them tiger!

  • @andreacowley2626
    @andreacowley2626 Год назад +3

    Thank you for the content and making me laugh.

  • @PCG2022
    @PCG2022 10 месяцев назад

    Great video. How do I have the tool template you use in the top right? I have stay in drawing mode active, however, the tool option in the top right only gives me "Apply Default Drawing Template" which is blank? Can I make a custom one that stays on screen? I am doing a replay and simply need to learn this step-by-step in practice and I also need to add quick access to the tools with in that template.

  • @michaelgoins1886
    @michaelgoins1886 Год назад +1

    Awesome video! The truth about trading. Control risk, keep it simple

  • @TheQwaggs
    @TheQwaggs Год назад +1

    I’ve been watching all your videos. You are extremely impressive. You can tell by the way you speak that you are not an idiot. I hope I figure this out. I need a new career. Cheers man 🍻

  • @willziefert
    @willziefert Год назад +54

    No BS straight to the point. One of the only trading videos I've seen that has actually provided value.

  • @john00123
    @john00123 Год назад +39

    Over the years. My income has grown my mortgage was paid off. Kids have left so my investing went from £2000 to £20,000 a month. I did not change my lifestyle much and drove 15 year old car (which I finally just changed). I’m current sat at £800k and hope to retire at 60. My investment manger recommends Funds, So we are ploughing as much as I can in index funds.

    • @chen3956
      @chen3956 Год назад

      Hello, I want to start investing in securities like (stock and options). Care to share how you find a good investment adviser

    • @john00123
      @john00123 Год назад

      @@chen3956 the name of my investment Adviser is Dodai Neil, he is a well known Financial personnel in the, just look up his name online.

    • @john00123
      @john00123 Год назад

      ​@@chen3956 we had our first encounter at a seminar in North Dakota, where he gave amazing speech

    • @chen3956
      @chen3956 Год назад

      out of curiosity I did a research about Dodai Neil on the web. he has a great resume. i will send him a well articulated mail. I hope he finds space in his schedule to help me.

    • @xiuying6874
      @xiuying6874 Год назад

      @@john00123 my first experience with Dodai Neil, i invested $140k into my stock portfolio, the incomes from trades gave me the assurance and confidence that has made me to invest without fear of losing, i can boldly say i have achieved financial freedom, thanks to him

  • @FirstLast-uz4zz
    @FirstLast-uz4zz Год назад +1

    You made me a believer of idiocy. I will try your very simple strategy. I like it simple. Thank you for sharing.

  • @madimakes
    @madimakes Год назад

    looking forward to watching this video, especially given 2 other people have recently made a video after you with the exact same title

  • @rawdh_
    @rawdh_ Год назад +20

    the more im watching videos like this, more i think that people who trading actually getting money from videos, social media and courses

    • @simonheinzer7360
      @simonheinzer7360 Год назад +1

      that about that too

    • @probably6755
      @probably6755 Год назад +6

      When there is a gold rush, sell shovels.

    • @angelofdeath4779
      @angelofdeath4779 Год назад

      True..agreed..they all suck..dont trust

    • @metamatrixclub1186
      @metamatrixclub1186 Год назад

      @@angelofdeath4779 except my stuff = is a quantitative approach. fully transparent and objective, probable (in the real sense) and statistical too. So works pretty good. and low risks high reward mentality.

  • @briancollins2250
    @briancollins2250 Год назад +3

    Thanks. What if we get stuck with 4-5 hedged trades? Then we won't have enough money for another one and we will lose all the trades we opened, which will be significantly larger than the loss we would have had with the first trade. How can a regular small-money trader use hedging while we know what it can do in a ranging market? Cheers.

    • @devarora6671
      @devarora6671 Год назад

      True, this strat would blow accounts in a trending market

  • @derricksmith1498
    @derricksmith1498 9 месяцев назад

    This was funny, informational, entertaining, educational and then some! 😅
    Good show, mate!

  • @victorsurge_
    @victorsurge_ Год назад +5

    Mad respect for you Nick! Thx for sharing your knowledge.

    • @NickShawnFX
      @NickShawnFX  Год назад +1

      cheers man

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @dustinmacheske989
    @dustinmacheske989 Год назад +4

    I've been trying out your system since I saw this video a few weeks ago. I can personally say that it does work and it's probably the easiest system that I have learned and used. Thanks Nick!

    • @gregorsamsa1364
      @gregorsamsa1364 Год назад +1

      You can't know whether a trading methodology works after only a few weeks

  • @MagicMahoney
    @MagicMahoney 10 месяцев назад

    This is the first ideo of oyurs I'm seeing and I like your style! Sub added XD

  • @brianrooke2338
    @brianrooke2338 Год назад +1

    It's my first "If you enjoyed this video, do whatever the hell you want". Such refreshing honesty.

  • @gregdaniel6108
    @gregdaniel6108 Год назад +80

    I'm new to cryptocurrency and I don't understand how it really works. Please can someone guild me on the right approach to investing and making profit from bitcoin trading.

    • @williamsjohn4746
      @williamsjohn4746 Год назад

      Most coins are going to 10x this
      Year. The recent bitcoin correction
      down from its alltime high has had themarket in a panic in the past week.However,noteveryone has seenit as a bad omen.The digital asset's price had gone down below $50,000 causing investors to believe the bear market

    • @smithmichael3591
      @smithmichael3591 Год назад

      Please who is this Mrs Susan everyone is talking about and how do I contact her directly.? I want to invest

    • @gregdaniel6108
      @gregdaniel6108 Год назад

      Please how can I reach her. I'm a newbie and know nothing about crypto investment.

    • @gregdaniel6108
      @gregdaniel6108 Год назад

      Thanks a lot for the recommendation guys and I'm looking forward to earning from my first investment with her

    • @andrewschwab9748
      @andrewschwab9748 Год назад

      paper trade and practice bud

  • @TheLateAdopter
    @TheLateAdopter Год назад +8

    As soon as you said “i’m a complete idiot”, I instantly knew, me and you would connect 😅

    • @kebman
      @kebman Год назад

      Well how's this for a coincidence! xD I guess I'm only the third idiot here! xD

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад +1

      ❤❤hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important❤❤

  • @jackj3573
    @jackj3573 Год назад +1

    You have a great sense of humor. You know what you are doing, and it's profitable. Smart!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      ❤❤hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important❤❤❤

  • @Sarah-vs-Hagar
    @Sarah-vs-Hagar Год назад +4

    You are not the "average joe" marketing Vendor. It is interesting to hear your approach. I have tried and failed Forex for five years, but I find myself giving you an opportunity to see it your way. However, for us who have low margin, we cannot trade the manner you show without a margin call.

    • @NickShawnFX
      @NickShawnFX  Год назад +1

      1:500 leverage and up allows you to do this, I've done this dozens of times with small and large accounts and have posted PNL, trading history, and called the trades live throughout the whole process - you just have to find a broker with high leverage, and only trade assets that have a high average pip movement in order to keep the position sizing low. You cannot do this for scalping because the sizing would be way too big, only swing trading, because the lot sizes would be smaller due to the bigger invalidation zones, thus it won't chew up the margin

    • @Sarah-vs-Hagar
      @Sarah-vs-Hagar Год назад

      @@NickShawnFX So you understand my dilemma. I use OandA and everyone knows they are crooks. I have to scalp in most cases to make anything, but for me, forget long term trading with this Broker. Thanks for responding.

  • @doyoueatrocks
    @doyoueatrocks Год назад +3

    Keeping it super simple, managing position size, risk:reward is worthy

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @PatDaley
    @PatDaley Год назад

    how do you calculate the point at which you lose your principle investment? Like you risk $200, how do you know where you went to 0?

  • @BrandonV47
    @BrandonV47 Год назад

    This video is awesome. What time frame were you on

  • @KyleAffronti
    @KyleAffronti Год назад +4

    You made it look so easy but I didn't understand it still but I watched the whole thing twice!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      tops come together is supply, demand is downs coming together

    • @23fss
      @23fss 11 месяцев назад

      U cant understand because therr is nothing to be understand

  • @jnotlehs
    @jnotlehs Год назад +105

    Nick, you are quickly turning into one my favorite traders. Been trading for almost 3 years now, recently i just went stupid simple with my rules and the results are night and day. There is something to keeping it stupid simple, but having excellent R/R and Following the rules that you do have to a "T."

    • @NickShawnFX
      @NickShawnFX  Год назад +28

      Simplicity rules against all the other complex bs out here on the internet

    • @Reddblue
      @Reddblue Год назад +8

      @@NickShawnFX True dat. It took me 2 years learning SMC and ICT and shit, but in the end they can be sooo simplified once you know the fruit of the concept. Lesson learned: don't overcomplicate things and KISS principle (keep it stupidly simple)

    • @majapalmo3027
      @majapalmo3027 Год назад +4

      There really is. I made more money my first few months trading than I did once I tried to get fancy.

    • @130rne
      @130rne Год назад +1

      lmao no bs. I recently started going back over the basics and I'm now trading successfully. A solid foundation is crucial.

    • @moonstriker7350
      @moonstriker7350 Год назад

      Sure... drawing random stuff on a replay picked to fit the narrative = complete BS... as usual on YT. Perfectly complemented by the all the scambots spamming each other to oblivion in the comments. Following these YT gurus' advice is a sure way to blow your account. It's like entering that dark alley where you were told all the pretty hookers are, but everybody just gets stabbed to fkn death there. :)

  • @getlucky8952
    @getlucky8952 10 дней назад

    Nick, Does this work better in ranging forex than trending stock/cryptos?

  • @syafiqrenaissance6490
    @syafiqrenaissance6490 Год назад +4

    I already practising this technique on my real account and it works.. The disadvantage of using this technique just like you shown in your video above is it took quite some time in order to close floating loss with breakeven. But that depends on what TF you are using. Anyway, good video presentation dude..

    • @NickShawnFX
      @NickShawnFX  Год назад +18

      yeah, it takes time, but i mean, what else are we gonna do? the time will pass one way or the other, so just set the alerts, smoke some weed and wait until the next price level gets hit

    • @boboiboy9350
      @boboiboy9350 Год назад +1

      Yeah, you heard him. Just smoke weed or some sh*t. Nick, youre the man!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      ❤❤hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

    • @salahbakijulio
      @salahbakijulio 9 месяцев назад

      ​@@Jesusislord-hd7feYeah man we love Jesus Christ as you do but we need to make a living on this earth. I hope he helps us to make our trading results better evert day❤

  • @AmandeepSingh-qe4zx
    @AmandeepSingh-qe4zx Год назад +34

    I think what nick is emphasizing here is the trade managment and not the technical aspect of the trade. Even if you have a good technical setup and no trade management. you will lose big amount. Trading Psychology is the key.

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад +2

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

    • @l4kr
      @l4kr 8 месяцев назад

      @@Jesusislord-hd7fe I will believe in him if he sends me a billion dollars.

  • @JonOliver-uq6vg
    @JonOliver-uq6vg 19 часов назад +1

    What are some of the brokers you recommend for starting out in Canada? Thanks

  • @briancollins2250
    @briancollins2250 Год назад +2

    Could you please show an example with a strong upward or downward trend? It is very difficult to survive that without hefty losses. I tried following your approach (trading at SR) but as they keep getting broken (due to strong trend), the early wrong trades cannot be saved.

    • @slyose6154
      @slyose6154 Год назад

      Look up his video "The ONLY Video You Will Ever Need To Trade Profitably."
      That's about trading the trends

    • @angelofdeath4779
      @angelofdeath4779 Год назад

      Because he getting money from youtuber.not trading

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      ❤❤hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important❤❤

  • @margaritamorozova25100
    @margaritamorozova25100 Год назад +4

    Smc wasn’t working for me but I kept continuing because I follow a lot smc traders and saw their results... But I was failing failing again and again. What’s wrong with me?! Am I so stupid? But I thought there should be easier way to do it. And when I lost hope just by accident saw your videos and something triggered inside my head. That’s awesome! I’m trading almost a week on my demo account and I already made 70% risking 5% per trade(RR 1.5). Insane! Thanks Nick! You are my favorite trader!❤️

    • @NickShawnFX
      @NickShawnFX  Год назад +1

      keep on keeping on, 'Rita. cheers.

    • @margaritamorozova25100
      @margaritamorozova25100 Год назад +1

      @@NickShawnFX It would be nice if more people get to know about you❤, so maybe you can name next videos something like “support/resistance or supply/demand” because I search on RUclips these key words and nothing sensible came out

    • @johnaart
      @johnaart Год назад

      ​​@@margaritamorozova25100I think everyone has a particular strategy that clicks with them... For me i tried everything but SMC was the one where everything connected.. So dnt feel bad that other things didn't work for you. Am glad you finally found something that makes sense and works for you.

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @thebugbud
    @thebugbud Год назад +1

    Hi Nick, which broker that you used? Your broker leverage seems very reasonable even with large account size. Whole the rest seems to lowered to 1:200 once above USD30k or so.

  • @facepalmjesus1608
    @facepalmjesus1608 Год назад +2

    what is the leverage you are using on these trades in order to double up the account?

  • @quartamile
    @quartamile 11 месяцев назад +4

    I got lost at starting at 5:40. How do you get profit regardless of which direction it goes? Thank you.

    • @brexyy566
      @brexyy566 11 месяцев назад +1

      Calls are up and puts are down you can make many betting up and down but you have to know when to buy the contracts does that make since ?

  • @fireblade9005
    @fireblade9005 Год назад +26

    Well done Nick ..Ive watched your stuff for about 4 years now ..I bought your course about 4 years ago ( ive been a trader since 1999 !!) but this video is ALL you need...Money management is sooo important ..Todays trading is sooo different from my days of 1999 where bots etc...were not available so I feel its much harder to see direction today ..thus Just LONG at support and Short at resistance ...and the all important MONEY MANAGEMENT.!!!!

    • @NickShawnFX
      @NickShawnFX  Год назад +11

      Yup, price goes up or down, all the profits are made in the risk management. Cheers, man!

    • @Jesusislord-hd7fe
      @Jesusislord-hd7fe 11 месяцев назад

      hey man ,if you dont believe in the creator of the world JESUS CHRIST, GODS SON, who died for the sins of the world, and after 3 days GOD raised HIM from the death, trough HIM you can be forgiven from your guilt of sins, and get the emptyness you now have filled, also ask GOD in JESUS name for the HOLY SPIRIT to guide you trough life!!!!!!
      it might seem basic but this is much more important

  • @warrensalsa8407
    @warrensalsa8407 11 месяцев назад

    I really enjoy your videos! :)