You were up 22$ I low key feel you blew this account on purpose because if you were scalping .. on a 100$ account that was high risk . You would've took that
i traded my 20 dollar account and grew it to 60 dollar with EUR USD, while using 1:500 leverage my funds are pretty secure against volatile movements. the returns are slow tho
Lol!!! This is hilarious 😂 But in all honesty I did start trading with $100 and kept it alive because of the following: 1. Using a bigger timeframe 2. I don't focus on pips but aim for a daily percentage that's small and realistic. 3 know what to expect having compounded the account over time at that small percentage. Thanks guys for bringing back my rookie memories 😂
I can definitely relate to this, i have blown a lot of demo account doing this. My demo account size, is exactly the actual size I plan an using in my real account. that's the reason this video was so helpful , in what not to do with a small account!! Much thanks bro
I noticed after recording that the screen record was off just enough to partially hide the profit/loss... sorry about that guys! Anyways - once again, please don’t gamble or be an idiot like I was in this video. This is an experiment to show how dangerous trading large lots on a small account can be! Enjoy 😂
@TraderNick: Try to do the following challenge: Open $100 accounts and close them if your balance goes above $300 or bellow $30, risk always $20 / trade, trade on 1 min chart. I will be curious how much will your final balance be after you do this on 10 different $100 trading accounts. I am pretty sure you will be able to beat the market and get out at least 50% profit in total at the end of this challenge. What do you think about it?
Its easier when you let a professional take your account to the next level as a professional its so so easy for me, making $2000 daily aint easy but worth it 🤑🤑🤑
18:38 rookie mistake at its best. Putting a buy position when your trade is below and just about to hit one of your longer moving averages. On my chart, red moving average is 200 and that’s when I either take profit or modify my stop loss and wait for some sort of movement past the 200 moving average. Now I typed this before that position was stopped out due to stop loss and I guess I was bang on!
That was a lot of fun. Nick I would like to see you do a video with $100 account and actually trade properly and see if you can grow this account. Thanks again for a fun video.
I did this with a demo account. Started with 100k and traded no stop losses. Anytime i checked and it was in the green I closed it. I let the losers run. I got it up to 1.3M and then washed it in less than a week.
Hey Nick, Mike here again just a reminder very gratefu for you and A1 genuine positive mentor-ship and tutelage..... BUT i want to aware you ive grown 100 dollar accounts(plural) consistently and recently just grew a 5 dollar account to 130 dollars and currently doing an 11 dollar account. I am not a scalper i am a long term trader btw. Just an opinion its not the balance that determines the outcome ITS THE KNOWLEDGE ON THE ANALYSIS, THE DEDICATION TO COMPREHENSION OF THE MARKET, AND PATIENCE. Now in addition to the outcome as profit potential you shouldn't target low volume pairs, there are actually a few pairs that move much faster than everyones favorite metal and probably just as lucrative as the US30. PS. When you can drop your balance to just under 2 bucks and grow it without over risking, COMMEND YOURSELF BECAUSE THAT IS A TRUE CHALLENGE.... Believe it or not everyone may not be able to afford 100 bucks or even 50.
I understand that you're being realistic about trading small accounts. How about not calling people idiots tho. We literally came here to get some "expert" advice. Not be drilled into depression. THANKS
What happened is your position was liquidated at 94% margin. Most brokers liquidate at 90% margin and below. My broker Fusion Markets lets me go down to 20% margin before liquidations. If you hadn't made so much profits early on, you're entire port would have been liquidated considering your lot size on that position. Or perhaps you'd be liquidated to like 2-10 bucks left in the account which is typical with brokers offering negative balance protection.
The message you wanted to put out was right but they way you went round it was wrong, instead of randomly trading on the 1M and 15M timeframe without any proper analysis and then using improper lot sizes you should have tried to trade properly and then used bad lot sizes to prove that losing streaks can come at anytime to anyone and can wipe someone out if they don't manage their money, all you did was piss about and trade randomly and then use improper risk management and got lucky to come out of it with your money, new traders are not that stupid that they would analyse the market on the 1M alone
I feel you are point is definitely right.. however if you know what your doing it works .. it honestly has worked for you in part 1 and two on a scalping lvl💯
Lovely stuff as ever. You and your crew exude that most elusive of qualities, percipience. I oftentimes am forced to concede that in contrast the only comparable illustration I can make would be me in the role of that most alluring of creatures, the common garden slug. Not particularly renown for peripatetic alacrity.
Turned $20 into $100 trading US30. One of my brokers offers 1:1000 Leverage but I only took 1:500....account is back at $21.00 because I'm in an open trade while the markets are closed. Knowing the US30, this position will either blow the account, or surprise with me with a phat green candle on opening volume. I often wonder what I could do with a 100 deposit.
@@marshalturner9847 I think demo account is the way to go until you feel confident. I do not recommend trading the way we did in this video, as it is far more like gambling than trading responsibly. This video was for fun.
When i 1st started i turned £150 to almost £1500. 😁😁😁 And then lost £900 in 1 day.. and lost a further £500 the next and eventually had £50 left in the account. And I couldn't trade for almost 4 months.. Thats how we do not trade people!!!
@@TraderNick 😀 Hey are you in the USA? I noticed in the video you funded that account through Hugo’s Way. I’m in the USA and want to open an account with Hugo’s Way but not sure if they allow US clients. I’ve done research but can’t get a unanimous answer anywhere.
@@HungryAaron thanks so much! I just realized that yesterday. I also found a broker called INGOT brokers that is regulated and accept USA clients. Thanks so much.
I laughed so hard on the US30 trade. When he said Nick was going long im like noooooo Its gonna tank wrong way abort mission. And when that red candle appeared I just fell out laughing. Yall made my night thanks for this laugh. The wolves ate well.
But it can be done not because you won’t do it doesn’t mean it can’t be done you were trying to blow the account and you came out with a profit . Every trader trade to make money it does not matter how the go about doing it. Question how much person account have you ever founded?
Nobody goes long with a small account and big lot size. They take the 20-30 u kept looking over. I do agree with the overall msg but it could have been represented better.
I did it it like 3 weeks ago with SPX 500 with my last 78$ and i recovered my account to 420$ but catching uptrends and downtrends right after another one but I had no other just to send all in 😅
How are you getting 0.1 on a $100 account when the margin required is around $30-50 per trade? I have tried this on £100 and can only manage 0.02 and 0.03 at best
Many see Forex as a get rich scheme but Forex is not like that. It's a gradual process with the right tool and applications you can make a living from Forex trade
Hmmm - wondering what leverage amounts you are using for this, I’m a new trader and the hardest thing for me using $100 is what leverage to use for US 30 and Spx. Etc. thanks
Nice vid. I would suggest an account size o $1000 for newbs after success with demo account ..Demo to learn the platform , trade sizing etc. you can then risk 2x 1% trades for 2% risk. per trade. you will probably be restricted to 15min -1hour timeframes due to SL sizing. I learnt to trade spot Gold for 2 .5 years like this. when acc got to $500 I would deposit another $500. only lost $5000 over 2.5 years. doing this. Finally started seeing consistent profits and deposited $5k. now at $7 k and will be depositing more every month . a few months should see me back to BE. Hang in there noobs but dont go broke learning the game. its tough
Turned 1700 to 12000 in my first week on a live account Lol took out 9000 and i have put everything back in blowing accounts smh. Ive only been trading for a month now soo ive learned alot about risk management lol
If you were going to gamble $100 then title it: "I tried gambling with $100 in forex". Would be interested though to see what would happen if you Seriously tried.
Ya'll were having alot of fun doing this and I was having alot of fun watching! take a trade go to the bathroom, no shits given, but definitely taken! lol
you survived with 1$ profit while trying not to profit.thats a pro right thereXD
Thanks for bringing some liquidity in the market
Our pleasure!
😂
🤣🤣🤣🤣🤣
😂
Too kind😂
You were up 22$ I low key feel you blew this account on purpose because if you were scalping .. on a 100$ account that was high risk . You would've took that
He didn’t take it seriously after being up 67$ nobody would take another trade for the day or until another good set up occurs
@@MAGCc This. :)
He said he was going to trade it the wrong way on purpose. He’s just making some useless content. Anyone can fuck up on their own 😂
Yea but he was trying to do bad an was killing it then purposely waited for the reversal to burn him 😲😂
i traded my 20 dollar account and grew it to 60 dollar with EUR USD, while using 1:500 leverage my funds are pretty secure against volatile movements. the returns are slow tho
I traded $54 to $205 so far this month. NOT FAST OR EASY lol
I make $2000 daily you gotta be a pro to make that cash fast 🤑🤑🤑
Lol!!! This is hilarious 😂 But in all honesty I did start trading with $100 and kept it alive because of the following:
1. Using a bigger timeframe
2. I don't focus on pips but aim for a daily percentage that's small and realistic.
3 know what to expect having compounded the account over time at that small percentage.
Thanks guys for bringing back my rookie memories 😂
Now what happen with your account? What capital for now
You still alive?
I can definitely relate to this, i have blown a lot of demo account doing this. My demo account size, is exactly the actual size I plan an using in my real account. that's the reason this video was so helpful , in what not to do with a small account!! Much thanks bro
hows your trading going buddy :)
@@sloht4061 Hello
+192
9223
7838
I noticed after recording that the screen record was off just enough to partially hide the profit/loss... sorry about that guys! Anyways - once again, please don’t gamble or be an idiot like I was in this video. This is an experiment to show how dangerous trading large lots on a small account can be! Enjoy 😂
@TraderNick: Try to do the following challenge: Open $100 accounts and close them if your balance goes above $300 or bellow $30, risk always $20 / trade, trade on 1 min chart. I will be curious how much will your final balance be after you do this on 10 different $100 trading accounts. I am pretty sure you will be able to beat the market and get out at least 50% profit in total at the end of this challenge. What do you think about it?
Grant me access of that account nick
Hahahah can't wait for that time when I will have enough money inorder to be able to have fun with a hundred dollars 🤣🤣🤣🤣🤣.
Part 2 a 1000$ 1000 likes one like for a dollar😂hit that like boys lets get part 2 going
Really this very nice video for beginner .i do like this and my account closed 🤣😅🤣😅
i wish you traded the right way because there are people who only have $100 to start trading.
IF you only have $100 to trade. Stop right now. You should not be trading.
Yes you can still trade just have good risk management n not trade indices
Trade cents it works
NOTHING WRONG WITH CAPITAL 100USD. THE WRONG IS YOUR MONEY MANAGEMENT
@@YourManifoldWorld turned my $100 into $1100
This is real gambler live. Some guys are living in margin call day to day. Thats their drug.
can you do a video on how to properly grow a $100 account
Its easier when you let a professional take your account to the next level as a professional its so so easy for me, making $2000 daily aint easy but worth it 🤑🤑🤑
18:38 rookie mistake at its best. Putting a buy position when your trade is below and just about to hit one of your longer moving averages. On my chart, red moving average is 200 and that’s when I either take profit or modify my stop loss and wait for some sort of movement past the 200 moving average. Now I typed this before that position was stopped out due to stop loss and I guess I was bang on!
That was a lot of fun. Nick I would like to see you do a video with $100 account and actually trade properly and see if you can grow this account. Thanks again for a fun video.
I love the fact you specified that is not a get rich quick scheme
Awesome video man!
The capital don’t matter. The knowledge does
I did this with a demo account. Started with 100k and traded no stop losses. Anytime i checked and it was in the green I closed it. I let the losers run. I got it up to 1.3M and then washed it in less than a week.
Do you have a trading strategy?
this has really inspired me. exactly this how i have been blowing my several accounts. but thank you for the video maybe i should be keen next time
I'm glad you got the right message from this. It was all for fun, but there was some points to be made!
Perhaps do a video or how you should trade a small account. What kind of trades should you be looking for? Stop losses, take profits etc..
I like how you somehow ended up with a relatively tame 1% day while having 60% swings
Hey Nick, Mike here again just a reminder very gratefu for you and A1 genuine positive mentor-ship and tutelage..... BUT i want to aware you ive grown 100 dollar accounts(plural) consistently and recently just grew a 5 dollar account to 130 dollars and currently doing an 11 dollar account. I am not a scalper i am a long term trader btw. Just an opinion its not the balance that determines the outcome ITS THE KNOWLEDGE ON THE ANALYSIS, THE DEDICATION TO COMPREHENSION OF THE MARKET, AND PATIENCE. Now in addition to the outcome as profit potential you shouldn't target low volume pairs, there are actually a few pairs that move much faster than everyones favorite metal and probably just as lucrative as the US30. PS. When you can drop your balance to just under 2 bucks and grow it without over risking, COMMEND YOURSELF BECAUSE THAT IS A TRUE CHALLENGE.... Believe it or not everyone may not be able to afford 100 bucks or even 50.
That second 0.05 Buy was obviously going to bounce back do to the previous resistance level and I'm proud I've learnt from your vids
You can most definitely trade with just 100$ if you are a starter . You need to hear others opinion not just this guy.
this video is one of the funniest on this channel... even throw it has important lesson I really had fun watching this....
I understand that you're being realistic about trading small accounts. How about not calling people idiots tho. We literally came here to get some "expert" advice. Not be drilled into depression. THANKS
I turned $20 to $314 in 4days
What happened is your position was liquidated at 94% margin. Most brokers liquidate at 90% margin and below. My broker Fusion Markets lets me go down to 20% margin before liquidations.
If you hadn't made so much profits early on, you're entire port would have been liquidated considering your lot size on that position. Or perhaps you'd be liquidated to like 2-10 bucks left in the account which is typical with brokers offering negative balance protection.
The message you wanted to put out was right but they way you went round it was wrong, instead of randomly trading on the 1M and 15M timeframe without any proper analysis and then using improper lot sizes you should have tried to trade properly and then used bad lot sizes to prove that losing streaks can come at anytime to anyone and can wipe someone out if they don't manage their money, all you did was piss about and trade randomly and then use improper risk management and got lucky to come out of it with your money, new traders are not that stupid that they would analyse the market on the 1M alone
Bro your merch is FIRE
Thank you for this video, can you please do the second part video and showing how to trade $100 account in a normal way / best way,
i was waiting for this
Hi Nick on part 2 show us how to trade a $100 account correctly
I feel you are point is definitely right.. however if you know what your doing it works .. it honestly has worked for you in part 1 and two on a scalping lvl💯
You both made it look so easy!! LOL! Can't wait to see part two ;)
I was all for it and then I saw him open gold and I was like this dude crazzzy
You're a good trader, why didnt you ACTUALLY tried? Maybe showing all you know is as important as capital, and not capital over knowledge.
Totally agree. Waste of a watch
Is he?
I have traded like this,weuh!!! the outcome was very painful. Am happy now i manage all my trades
Your risking 100$ without analysis , S&P was retesting after breakout downwards but you placed a buy that's wrong
the whole video was about how new traders perform so they were not acting as real pro traders otherwise the video would have been a waste of time
This year has proven u dnt need analysis just click buy and go to sleep
Wow!, it was really crazy, thanks for sharing...
Lovely stuff as ever. You and your crew exude that most elusive of qualities, percipience. I oftentimes am forced to concede that in contrast the only comparable illustration I can make would be me in the role of that most alluring of creatures, the common garden slug. Not particularly renown for peripatetic alacrity.
Turned $20 into $100 trading US30. One of my brokers offers 1:1000 Leverage but I only took 1:500....account is back at $21.00 because I'm in an open trade while the markets are closed. Knowing the US30, this position will either blow the account, or surprise with me with a phat green candle on opening volume. I often wonder what I could do with a 100 deposit.
Saying you’re amazing scalpers then Nicks face popping up was flawless comedy 😂😂
I'm a dummy lol
@@TraderNick Hey great video! I gotta ask. For someone new starting out. Do you suggest I do the $100 challenge even though I could invest more?
@@marshalturner9847 I think demo account is the way to go until you feel confident. I do not recommend trading the way we did in this video, as it is far more like gambling than trading responsibly. This video was for fun.
@@TraderNick Awesome! I’m using an Ameritrade paper money account. Thanks for the direction. I look forward to more of your vids!
This video gave me a chance to reflect on the way i have been trading. I would like to see a pt.2.
what broker are using?
Amazing video guys!!!!
When i 1st started i turned £150 to almost £1500.
😁😁😁
And then lost £900 in 1 day.. and lost a further £500 the next and eventually had £50 left in the account.
And I couldn't trade for almost 4 months..
Thats how we do not trade people!!!
@@brendalucas9207 Thanks for advice however, I forgot yo mention that was 2yrs ago.
Im doing much better now.
😊
Thanks for sharing this!
This has inspired me to yolo my whole account on US30
Edit: I just got to the margin call part of the video. I'm no longer inspired.
Lol
Lmao!!! Thank you for watching the full video....
The margin call was my first lesson that a demo may not be the way to trade. They start u off with too much money it deceives you
This video was fun🔥🔥
I was an old stupid demo I thought you could only win! And you're already a dollar millionaire!
15:44😂 “Bro, where’s the trade”. I’m ROTFL 💀 Get some T-shirts made with that on it. Please! I’ll be first to buy! 😂
LMAO!
@@TraderNick 😀 Hey are you in the USA? I noticed in the video you funded that account through Hugo’s Way. I’m in the USA and want to open an account with Hugo’s Way but not sure if they allow US clients. I’ve done research but can’t get a unanimous answer anywhere.
@@reddrunners yes Hugo’s way works for USA
@@HungryAaron thanks so much! I just realized that yesterday. I also found a broker called INGOT brokers that is regulated and accept USA clients. Thanks so much.
I laughed so hard on the US30 trade. When he said Nick was going long im like noooooo Its gonna tank wrong way abort mission. And when that red candle appeared I just fell out laughing. Yall made my night thanks for this laugh. The wolves ate well.
When you trade well every time, it’s difficult to make a mistake
But it can be done not because you won’t do it doesn’t mean it can’t be done you were trying to blow the account and you came out with a profit . Every trader trade to make money it does not matter how the go about doing it. Question how much person account have you ever founded?
What leverage is the account? Is it 1:500?
Same question
I thin its 1:500
I have been struggling to understand why my trades have been so weak until I watched this video and realized I never increase the volume 😂
Do part 2 video showing how to trade $100 account in a normal way
I have made these mistakes. Thank you Nick for making this. I definitely will be using lot size more conservatively
Hilariuos! But really, this is what people do when they get to start with Forex. And I can tell by personal experience!! Thanks for the laughs!
Nobody goes long with a small account and big lot size. They take the 20-30 u kept looking over. I do agree with the overall msg but it could have been represented better.
I live this as a beginner
But if I had made ever 5 dollars I’m calling it a day
What leverage u guys using?
you make better trades than how you actually trade your real account
I did it it like 3 weeks ago with SPX 500 with my last 78$ and i recovered my account to 420$ but catching uptrends and downtrends right after another one but I had no other just to send all in 😅
@TraderNick thanks to you for the good content Nick 👍
How are you getting 0.1 on a $100 account when the margin required is around $30-50 per trade? I have tried this on £100 and can only manage 0.02 and 0.03 at best
whats that indy in top left corner? how i get that
@@mrsharmonydavis5203 huh
@traderNick
This a video people should be learning from 🤘🤘
I use meta trade 4 &5 and I can't see Us30 what is wrong with my computer and laptop ???
100 dollars in america n 100 dollars in my country is a different ball game
Do you trade forex??
Made a mistake and opened a 0.05 Lot size gold on a $60 account and it went well
Many see Forex as a get rich scheme but Forex is not like that. It's a gradual process with the right tool and applications you can make a living from Forex trade
Trade with an expert else you will lose all your capital and you drop off the market
@@roberthills7650 Slow it with Forex and then go into day trading stocks. MOre money in day trading stocks.
Hmmm - wondering what leverage amounts you are using for this, I’m a new trader and the hardest thing for me using $100 is what leverage to use for US 30 and Spx. Etc. thanks
What broker do you use Nick?
Nice example to show how we newbies do wow
Did you use leverage on that 100$ account? Is it possible to enter gold trade with no leverage 0.01 lot on 100$ account?
Nice vid. I would suggest an account size o $1000 for newbs after success with demo account ..Demo to learn the platform , trade sizing etc. you can then risk 2x 1% trades for 2% risk. per trade. you will probably be restricted to 15min -1hour timeframes due to SL sizing. I learnt to trade spot Gold for 2 .5 years like this. when acc got to $500 I would deposit another $500. only lost $5000 over 2.5 years. doing this. Finally started seeing consistent profits and deposited $5k. now at $7 k and will be depositing more every month . a few months should see me back to BE. Hang in there noobs but dont go broke learning the game. its tough
Your videos are awesome
Thanks Titan!
Learned a lot. thanks
Turned 1700 to 12000 in my first week on a live account Lol took out 9000 and i have put everything back in blowing accounts smh. Ive only been trading for a month now soo ive learned alot about risk management lol
Hi guys, nice video 👌🏾
This video is still goated bro😅😂
What leverage are you using to trade gold on a $100 account? Anyone
that how i was trading past 3 months thanks Nick
how much is your spread, what type of account do you use in that trade
If you were going to gamble $100 then title it: "I tried gambling with $100 in forex". Would be interested though to see what would happen if you Seriously tried.
I don't see what the problem is with this form of trading Nick. Let's do a $20 account challenge next!!!!
😅😅😅😂😂😂
Make a video on liquidity
The wolves are hungry :P :P. Hilarious. Nice video brother
how was he able to change his volume size with higher risk?
What's MA are those and the period??
On 100 account how they let u use a larger lot. My broker will say not enough money.
Ya'll were having alot of fun doing this and I was having alot of fun watching!
take a trade go to the bathroom, no shits given, but definitely taken! lol
Love from south African Nick 😂😂😂😂
+ 1 8 5 8 3 6 0 6 3 0 6
Can you short cryptocurriences on hugo? And any videos on how to use hugo?
With 100$ account, I would have taken profit at 25% hahaha! My emotions wouldn't have let me wait till 67% . . .
Facts, on a small account my emotions gets the best of me. But when I trade on a larger account my emotions doesn't exist.
how do you fund your account?
Nick just made look it sooo easy,I would probably be a multi millionaire with that approach ..hahh
I was rooting for you guys lol
When you have nothing gambling ain’t so fun
Blown up to 3 accounts like this, am now retracing my step
Aviraa patrovich what you the number
Like this video.
I would only trade gold and silver with 00.2 lot size with a 100 dollar account
Thanks for been real .👌