How to Profit 1% Per Day from Forex Trading?

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  • Опубликовано: 26 сен 2024

Комментарии • 144

  • @donkeyface
    @donkeyface 2 года назад +17

    1% a day is not even that much.... hard part is sticking to the things that make you 1% a day. always comes down to the 🧠

  • @jhl4744
    @jhl4744 4 года назад +14

    everybody can make 1% or higher per day but not consistent what matters is more win over losses and risk reward ratio

  • @cindyanggraini374
    @cindyanggraini374 4 года назад +11

    Yeph..1% a day is HUGE..and its in fact makes even the likes of warren buffet amazed IF u do it consistently in at least 3 year or more..1% gain is easy but being consistent is the MOST challenging,im stickin with monthly/yearly growth..thanx for this brother👍👍

    • @HermanWillems
      @HermanWillems 4 года назад

      what about 0.1% per day?

    • @cindyanggraini374
      @cindyanggraini374 4 года назад +2

      @@Theactualstoic and who is this "many trader" i'd like to know one of em..really dude,if u make 10% a day,even with $1000 starting account ull be making more than $1000.000 in a year and another year ull be making more than $ 1.000.000.000,just do the math and dont forget to use some sense

    • @cindyanggraini374
      @cindyanggraini374 4 года назад

      @@HermanWillems well..3% per month is not a bad start..actually it is exellent,if u achieved this result consistently,just continue with larger source and of course a larger lot size trade, 3% from 1mio is $30.000,not bad huh?u can trade with other people's money btw..but do it after ure fully understand on how to make x% per month CONSISTENTLY,,not just one or two month

  • @dineshsuthar273
    @dineshsuthar273 4 года назад +8

    I have tried this 1% per day strategy. At times when we make more than 1% and stop trading for that day and if we did not make 1% than we force ourselves to do so. In short for achieving this one we have to master in trading discipline and not force if we did not make 1% per day. Because every day we couldn't find the setup to trade.

    • @jonesdow8191
      @jonesdow8191 4 года назад +2

      Yes, we need to control our emotions. We need to accept the reality that the market is random, and we can't force us to make profits without giving us 1%

  • @yogithheshan542
    @yogithheshan542 4 года назад +9

    Hey nick. Im kinda confused here. Can you help me out with this question please. According to the risk management we risk 2% - 4% per trade on our account right? So if we trade for 1: 1:5 risk to reward cant we earn at least 2% - 3% a day? Like it really depends on the market situation but isnt it possible? Kinda jumbled up nick. With all due respect need clarification please. Thanks ❤

    • @good_ben
      @good_ben Год назад

      Hey, risk to reward ratio depends on your analysis, risk appetite, strategy and market conditions. Not every trade is 1:5. Others might be 1:2 or 1:3. Secondly, never risk more than 1% per trade of your equity

  • @joshuadodd1592
    @joshuadodd1592 4 года назад +5

    Hi nick what would be the best oil company to invest in? also any tips on other stocks to watch cheers mate

  • @hirenparmarca
    @hirenparmarca 4 года назад +4

    Yes Sir. Well Explained. It is not easy to gain 1% Per Day. In thinking we guess that it is possible but its not true. Weekly 1-3% that is somehow realistic. Thanks for helping us to decide the goal Sir. Keep it up.

  • @larrycross6871
    @larrycross6871 4 года назад +5

    The basic thing is patience and Discipline. Now if you can't deal with that. No matter how much profits you accumulate, you'll wipe yourself out.. This has been me since February, I had to tell myself the truth. I could never beat the market. I resorted to Someone to manage my account and this has been pretty helpful so far!

  • @kurtborge638
    @kurtborge638 4 года назад +8

    Hi, I am new to Forex and truly need more data, I have lost a great deal of cash on Forex as of late and I see many individuals gain from it. Would anyone be able to mention to me what I am not doing.

    • @ullaalbert3439
      @ullaalbert3439 4 года назад +2

      You should try to study Forex and its market. Starting with a demo account is also a good beginning to improve yourself .

    • @scottwalters7271
      @scottwalters7271 4 года назад

      I guess you didn't trade forex with the right strategy and signals. Let me help you get shit together buddy

    • @theprofessor444
      @theprofessor444 4 года назад

      I can manage ur account kurt

  • @undefined3248
    @undefined3248 4 года назад +4

    Hey man love the videos! Make a video on your track record some time! I saw it on your site, but think many viewers may have an interest since it was quite hard to find when I checked a couple months ago.

  • @trading616
    @trading616 4 года назад +4

    In my openin no boday can make money in 5 year . So trading just timepas

  • @chillsthrillstv
    @chillsthrillstv 4 года назад +5

    I can make $10 per day with a $100 account.. But that's basically gambling

  • @coolou786ssjgssj5
    @coolou786ssjgssj5 4 года назад +6

    I have been thinking ways to do this 1% is alot for 1 day.

  • @manjeetkumar-qz6eb
    @manjeetkumar-qz6eb 4 года назад +2

    Always likes your video 👍👍👍
    I learn so much on your channel

  • @mramzan2000
    @mramzan2000 4 года назад +6

    Learned something new today

  • @thetop10videos62
    @thetop10videos62 4 года назад +2

    I really like your motivation nick this week I Will do has u think.thank u nick for your time

  • @leondebates2266
    @leondebates2266 2 года назад +2

    I would say it is impossible to make 1% a day. That would equal well over 300% a year. Unimaginable.

  • @TheAfterParty20
    @TheAfterParty20 3 года назад +2

    So, he’s saying 1% a day on you’r account balance as it grows or 1% of the initial account balance? Say I start with 1000 and wanna make 1% of that. So everyday I’m trying to make 10 dollars for the next month, year etc. or is he saying I start with 1000, wanna make 1% a day, so first day I need to make $10, next day 10.10, next day 10.20, so on and so forth?

    • @watvid1
      @watvid1 3 года назад

      Compounded

  • @ahmadabadi240
    @ahmadabadi240 4 года назад +1

    great info. thanks bro

  • @TotalyRealNews
    @TotalyRealNews Год назад

    well it is. I started with 500 eur account ad ni risked 1 proent to make 2 procent per trade and i opened about 5 trades per day with my winrate of 60-65 procent i was making about 3-5 procent daily.

  • @lukasvonsteuben6882
    @lukasvonsteuben6882 5 месяцев назад

    i made 29 million last 1.5 year began with 100k and make 2 percent per day what i do is just buy at support and automaticly sell when 2 percen is reached also there are times you shoudl trade , but its possible only when you keep it simple and not think

  • @smbdy1188
    @smbdy1188 4 года назад +1

    Amazing idea!

  • @jonesdow8191
    @jonesdow8191 4 года назад +2

    It's also hard to make 1% profit every day. The most important thing is to reduce the number of transactions, control emotions, and strictly implement. Otherwise, we can't succeed. We need to know that the greed of human nature is endless

    • @notinterested3256
      @notinterested3256 4 года назад

      i don't think one needs to generate 1% everyday, one just needs to be consistently profitable with proper risk management thats all

    • @jonesdow8191
      @jonesdow8191 4 года назад

      @@notinterested3256 Yes, I agree with you

  • @NepAatmaVlogs
    @NepAatmaVlogs Год назад +2

    my goal is 10% weekly but on average I am getting 20 -30% per week consistantly

    • @robd1859
      @robd1859 Год назад

      That's more than 1% per day. 10% weekly is not sustainable

    • @robd1859
      @robd1859 Год назад

      I don't understand how you're getting 20 to 30% a week. That's not logical

    • @NepAatmaVlogs
      @NepAatmaVlogs Год назад

      @@robd1859 its not 20 to 30% all the time. my max per week is 39.04% while the lowest is 4.47%. and yes some weeks i am in loss but that happens very less. i am lucky i guess.

    • @NepAatmaVlogs
      @NepAatmaVlogs Год назад

      @@robd1859 and one more thing i am doing on two accounts. on the other one i am doing strict 3% per day.

    • @Simba.Luna.
      @Simba.Luna. 8 месяцев назад

      Yes!! I believe you. Keep it up. My goal is 10% a day.

  • @taWay21
    @taWay21 4 месяца назад

    With leverage, the answer is yes! Just dont blow up!

  • @Meirele
    @Meirele 4 года назад +4

    Yes it is possible to make an average 1% per day. There are a few consistent and well trained traders that do it . I know two. Real people. Not statments that can be forged. Like in any profession, you have to be what it takes to be a good trader in your personality and then you must be well trained. That's all.

  • @jeffonspikes5567
    @jeffonspikes5567 4 года назад +1

    How
    Much is his program from cheapest to most expensive

  • @candycheng5383
    @candycheng5383 4 года назад +1

    Do you have fund management service?

  • @ruzcharls3951
    @ruzcharls3951 4 года назад +2

    seek first winning trade for the day, and risk one half of winning trade for the second trade, if loss , quit trade, and better luck tomorrow and you have a half winning portion of your trade for the day

  • @soros_and_thegeng7177
    @soros_and_thegeng7177 3 года назад

    if go with 1% per day in compounding strategy every day? useful or not?

  • @revathinatesan3415
    @revathinatesan3415 4 года назад +1

    Thanks bro very useful me

  • @prateekjindal5877
    @prateekjindal5877 3 года назад +1

    as a scalper if i spread my last 5 years gains to active trading days of 5 years is an average 26 % p.a. This is possible but for that i have given about three years of learnig and been through depression . So get Quick rich is just not done here in this market . So please stop focusing on money and start running for the knowledge .

    • @JohnGuilherme31
      @JohnGuilherme31 2 года назад

      I'm sorry but what does "26% p.a." mean?

    • @prateekjindal5877
      @prateekjindal5877 2 года назад

      @@JohnGuilherme31 26 % growth on my account per annum .

  • @chrisjlee2013
    @chrisjlee2013 4 года назад

    What if I’m on leverage? I ‘accidentally’ earn more than 2% but I make sure I don’t lose more than 0.75%

  • @kevincovins3546
    @kevincovins3546 4 года назад +2

    This more realistic... have $5000 .. with 2% profit = $100 a day .. trade 1 time a day mon - sat is 25 days .. equals to $2500 profit a month. I satisfied with that bro

  • @liviumatei5681
    @liviumatei5681 3 года назад +2

    Hey Nick, Your math is misleading because you forgot to take into consideration the fact that the percentages don't have a value on their own, they represent a chunk of something else, like the total amount. So if you lose 1% from $1000, now you have $990 and after + 2% from $990 is $1009.8 not $1010. So what I want to say is -1%, - 1%, -1% you will need more than +3% to recover all your money. Your average for the week won't be +2%.

    • @ghassen2936
      @ghassen2936 2 года назад +2

      what u're saying it's generally true but it doesn't apply on every trader...for example, in my capital management rules..the amount that a percentage represent changes every month and not every day.. if my starting balance this month is $20'000 then 1% represent $200 and i stick to that amount during the entire month no matter how much my balance has changed..at the end of the month if i made $1000 for example, my new 1% risk will be $210 and ill stick to that $210 until the end of the month and so on..

    • @TradewithSalim
      @TradewithSalim Год назад

      Nick is trying to say that according 1000$ account from start to end. Lol

  • @Abir_gaming179
    @Abir_gaming179 Год назад

    Lets do a simple math. With some probability theory like Heads or tails game. Let's say you have an account with 1k fund. Your projection win rate is 40-50% from 20 days trade (1 trade/day). It's mean sometimes you gain much more, sometime in another chance you lose (a couple bucks you are willing to lose). Your risk reward ratio is 1:2 (but more often it could possibly go for 1:3 or 1:5 depends on structure, setup, economic condition etc). At the end of the month, you would be see your account growth like 4-6%. Do this for another couple months and compound your profit, then see what happen at the end of the year. You will be surprisingly when know that your account now growth almost like 80% YoY.

    • @TraderNick
      @TraderNick  Год назад +1

      The missing part here is that traders underestimate the difficulty of achieving a 50% win rate with a 2:1, and only the best are able to achieve near 40% with a 2 to 1. Something like a 2% average is attainable, after factoring in losing months and winning months. This number compounded over the years is incredibly impressive growth!

    • @kroduxion
      @kroduxion 9 месяцев назад

      Also 2:1 isn't the only ratio 😊

    • @dee23gaming
      @dee23gaming Месяц назад

      Win rate and R:R ratio are inversely correlated 😂 Your math ain't mathin'. R:R ratio is a bunch of marketing bullcrap. If you can't be profitable with a 1:1, then forget about it.

  • @pipturbine473
    @pipturbine473 4 года назад +2

    No is impossible cos there will be a day you will loose

  • @notinterested3256
    @notinterested3256 4 года назад +6

    those media that manifest consistent profits everyday are not real in my opinion.

  • @jerrybelesario8937
    @jerrybelesario8937 4 года назад

    How about in crypto trader nick?

  • @fazfaasil2230
    @fazfaasil2230 3 года назад

    Bro
    Is it not good 1% in day wise?

  • @nuuranm1654
    @nuuranm1654 4 года назад +1

    The mentality in this industry is that people want you to believe what they believe.1% everyday is very possible . The trick is , using what method or what kind of knowledge.Drop this BS that things are not possible always

  • @maxscania
    @maxscania 4 года назад +4

    There is nothing informative in this video, everybody knows u will lose and win, and there is overall trend, at the last end of the video some information about the overall trend of 1% is not realistic... that's all, nothing in this video

  • @kevinmcdonaldgaming1936
    @kevinmcdonaldgaming1936 3 года назад

    Nick i cant seem to understand the when to enter a trade an when to leave a TRADE
    ? plesae help out

    • @therealkingdrick
      @therealkingdrick 3 года назад +1

      Enter low leave high monitor previous highs and lows and mark them and you'll be able to see the patterns. You'll see the consistency/inconsistency. Dont get in on inconsistent ranges

    • @therealkingdrick
      @therealkingdrick 3 года назад

      Unless you feeling frisky lol

    • @napoleongriffin1223
      @napoleongriffin1223 3 года назад

      Look for patterns to form in an uptrend or a downtrend. If it's been in a downtrend for a while, start looking for the uptrend to start. This usually happens when next swing low closes higher than the previous swing low and is at a level of support or resistance, and the volume/strength of the bullish move is powerful. Do the opposite during an uptrend. By the way, I usually only trade on the 5,15,20 minute timeframe. I reference the 1-4 hour time frames to identify the main trend. Only trade when there is a clear trend and never trade when there is noise or volatility. Keep it simple!

  • @richsherrard7124
    @richsherrard7124 4 года назад

    That's a nice information of Reed Cooper

  • @jaycastillo6752
    @jaycastillo6752 4 года назад

    So is a 2% per week profit on an investment of about $6,000 US dollars achievable or would you recommend me investing that money in something like stock trading instead? Thank you, great video.

    • @thesteve9825
      @thesteve9825 11 месяцев назад

      Yes it is possible. I make 10 percent per week

    • @subashish5100
      @subashish5100 8 месяцев назад

      How do you make. Please help me out bro , i request you​@@thesteve9825

  • @davidkostanjsek4283
    @davidkostanjsek4283 2 года назад

    Wait for good opportunity 5% in 1 trade and u are done for the week

  • @_simranproductionz_9730
    @_simranproductionz_9730 4 года назад +1

    Hey bro can you go over the Gold analysis I didn't see it in the Live Analysis

  • @little25angels
    @little25angels 2 года назад

    Do fund managers actually struggle to make more than 7% return or they just keep everything else they make and only give investors 7% because thats all is on the contract???? 😁😂

  • @maryfaustino2168
    @maryfaustino2168 4 года назад +1

    I make so much money trading with madam Kate Zoe because she has a technic that enables her make multiple profits weekly

    • @isabeljeremy40
      @isabeljeremy40 4 года назад

      I would never lose because I have a trader who is madam Kate Zoe and I’m so confident with her delivering my profits

    • @nathancole7840
      @nathancole7840 4 года назад

      Most importantly you need strategies that would make you consistent wins

    • @camellacampbell3897
      @camellacampbell3897 4 года назад

      Madam Kate would always be on my mind because of how much I have won from her and now I am an expert

  • @smashtradingright4280
    @smashtradingright4280 2 года назад

    It is possible to make more than 1% daily just and just with scalping!!and needs tons of patience!!!!

    • @TraderNick
      @TraderNick  2 года назад

      Short term, yes. Long term, no one does this and can share proof through a myfxbook link

  • @ShortingSmallCaps
    @ShortingSmallCaps 4 года назад +2

    I cant understand why you think that 1% per day is hard.I am e begginer trader with 400 euros trading account, and there are days tha i make 15%-20%.Imagine if i was an experienced trader who had a 3-4 year trading carreer on his back..

    • @TOP10-p9v9t
      @TOP10-p9v9t 4 года назад +1

      Before you mention the profit, how much is the risk ratio if you risk 1% of the account and you earn 1٪ or 2٪ of profit, you are one of the best but if you risk all of the account to earn 10٪ profit, everyone can do that.

    • @trading616
      @trading616 4 года назад +1

      You are right broo
      If you can work hard and have 2 trade in a day you can make up to 5 % of your account
      Just in 2 % resk i every trade

    • @WFTwisted
      @WFTwisted 4 года назад

      guys, take the reality of trading please you really think do more than 1% a day is easy ? If yes why not every people are rich ? Bro just get the fucking reality, trading it's fucking hard

    • @misspriyankayadav
      @misspriyankayadav Год назад

      Bro i had made 5000% per day but today i am watching this video for 1% per day. Do you want the reason the reason is only 5% trader are making 30% per month. Trading is like mirage in the desert fucking hard।।।।।।

  • @Tory8er
    @Tory8er Год назад

    Do you think 0.1% a day is possible?

  • @default2591
    @default2591 3 года назад

    That's borderline gambling cause it would result in 20% per month or freaking 240% per year which is unrealistic.

    • @TraderNick
      @TraderNick  3 года назад

      Even more, when compounding! Quite unrealistic IMO.

    • @KingJT80
      @KingJT80 3 года назад

      If you dont risk more than 1% its possible up to a point. but it doesn t just keep going. youre gonna learn that you will be stopping a a certain lot size and top out even if you did do it consistently

    • @KingJT80
      @KingJT80 3 года назад

      @@stephoso I wouldn't know I'm speaking more to spot currency different animal but it's less than forex since you know what the actual value is. Currency you can sell 10 mil volume in the highest volume part of the market and be ok. That's like 1000./pip
      Stocks, maybe not so much it's different

  • @MrSpyrud
    @MrSpyrud 2 года назад

    is it they or him?

  • @JithuVlogStation
    @JithuVlogStation 3 года назад +1

    Trade Crypto Babee

  • @petereastman2663
    @petereastman2663 4 года назад +2

    Yes! You can make 1% per day.
    It is hard, it is almost impossible to do it every day. On average, I think it can be done.
    The larger your account becomes the harder this gets to do.

  • @Killua_Zoldyck8
    @Killua_Zoldyck8 Год назад

    My friend makes 5 % a day I just don't know how

    • @TraderNick
      @TraderNick  Год назад

      Respectfully, your friend may not be telling you the truth

  • @Simba.Luna.
    @Simba.Luna. 8 месяцев назад

    I can do 5% a day

  • @wavymj3301
    @wavymj3301 4 года назад +2

    The aim is supposed to be at least 5% a day 🤦🏾‍♂️

    • @TraderNick
      @TraderNick  4 года назад +2

      wavy MJ hit me with that myfxbook account link 🙏 id put 50k on you if you had a 1 year track record with that kind of return

    • @wavymj3301
      @wavymj3301 4 года назад

      @@TraderNick I'm on 16 give me another year my guy 😂

    • @TraderNick
      @TraderNick  4 года назад +3

      wavy MJ at 16 when I first started trading, 5% a day sounded like a reasonable goal, especially when my capital at the time was only like 50-100 USD. With a few years of hard lessons, learning, and backtesting, I realized the truth of trading. It’s not a way to make big money fast, it’s a way to grow money you already have steadily. With this RUclips channel I’ve worked with thousands of traders, and not once have I seen a trader able to make 1% per day for the long haul. Take it as you will, but my opinion is save yourself some money and play with a demo before you try to make 5% a day. Best of luck with your trading

    • @gaetrade2416
      @gaetrade2416 4 года назад +1

      Hey @@TraderNick; so I have studied a few weeks and paper traded for about two weeks, now pretending I had only USD 1000 in the account I am closing steadily USD 100-150 per day. Is this a manipulated result by the demo?? I am far from being a profesional trader, so I am confused seeing your video... I take about 10-15 trades per day with low risk (forex and Indexes).

    • @YIO777
      @YIO777 3 года назад

      @@gaetrade2416 I wish he had replied to that

  • @ariyana.b4396
    @ariyana.b4396 3 года назад

    چقدر زر میزنی

  • @onelifehai888
    @onelifehai888 4 года назад

    Jhaat

  • @brianh5501
    @brianh5501 3 года назад +5

    Hi Nick, wish you would have punched in numbers into your daily win/loss %. risking 1% per trade starting with $1000 account, and losing 1% day one and day two then winning 2% on day three only gets you back to $999.70 followed by 1% loss day four dropping account to $989.70 and finally 3% day five $1,019.39 leaving you with 1.939% return for the week. Great video otherwise and it is truly what new investors need to see because drawdowns and more than planned losses can compound against you much quicker and longer than winnings.

  • @fayzee7869
    @fayzee7869 4 года назад +4

    Very valuable 2c there, Nick. So glad im following your guidelines before i move into a real account.

  • @gicharu
    @gicharu 4 года назад +4

    Since you have stated that most traders' accounts usually range as they have failed to achieve 1% per day, I think you should conclude that making 1% per day is possible but not probable. As such, there is no need for one to beat themselves up for not achieving it every single day, but rather, take it as a target/goal.

  • @boy007w6
    @boy007w6 3 года назад

    if u can perfect your system a 20% to 30% gain a day with 200$ account is possible

    • @KingJT80
      @KingJT80 3 года назад

      thats a stupid amount of risk per trade to do it. i would not risk more than 2% total across the board. IF you traded one pair you can risk 2% per trade but 4 pairs? .5% per pair. Just because you have lower margin on high leverage accounts doesnt mean you should use it all

  • @marcoblom2288
    @marcoblom2288 4 года назад +1

    Hello Nick! I've a question, I'm a complete noob, but I'm learning a lot, of course now I'm paper trading, my question is in how much time you can achieve 2% weekly? Thanks a lot👍🏻👍🏻

    • @marcoblom2288
      @marcoblom2288 4 года назад

      I know it depends on every person, but more or less to know how much time I should dedicate

    • @koOl8056
      @koOl8056 3 года назад

      @@marcoblom2288 you are answering yourself brother. You can make a lot one day and lose a lot one day. One advice is risk management, how long? Some people can be better quicker others take longer, be patient and try to learn every day.