Don’t Trade Gold (XAUUSD) As A Beginner

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  • Опубликовано: 5 сен 2024

Комментарии • 486

  • @JeffreyBenson
    @JeffreyBenson  Месяц назад +36

    Check this links 🔗
    Join our free signal channel: t.me/firepipsignals
    LEARN FASTER WITH MENTORSHIP: firepipsfx.com/
    THE BROKERS I USE:
    EXNESS: bit.ly/2QHG3yV
    Position size calculator: firepipsfx.com/fire-calculator

    • @biggenius001
      @biggenius001 Месяц назад

      My Mentor✨❤

    • @Excellent20
      @Excellent20 Месяц назад

      Sir please how can I join the telegram group
      And how can I place a trade using a demo account

    • @Frank-rv9ox
      @Frank-rv9ox Месяц назад

      Good morning Sir, are you back to Nigeria how was your trip

    • @obajesedulous1761
      @obajesedulous1761 Месяц назад

      good

    • @AliameenGiwa-oz9mf
      @AliameenGiwa-oz9mf Месяц назад +1

      can you just aid by giving 80% sure signal on gold before noob start trading

  • @iupload1980
    @iupload1980 Месяц назад +37

    My first pair was gold, though I lost a lot, but I ain’t giving up.

    • @Wisdomfromthepast01
      @Wisdomfromthepast01 Месяц назад +1

      Gold showed me shege

    • @oyinsunday4230
      @oyinsunday4230 Месяц назад

      My best and only pair. Pls don't give up. Gold is sweet when u master it. I love gold

  • @Keyroamos24
    @Keyroamos24 Месяц назад +35

    Hello sir, you have nailed it....this Gold has almost led me to depression 💔💔💔💔💔💔💔.....i have been always trading GPBUSD for over a year but i was profitable...since i started gold men, it has crushed me..... I'm back to the GBPUSD Tatatatata lifestyle....thank you Sir Jeff

    • @very_cold_emperor
      @very_cold_emperor Месяц назад

      This is not funny but wtf is Tatatatata lifestyle 😂😂😂

    • @am.bmoore
      @am.bmoore Месяц назад

      @@very_cold_emperor I shock too 😅😅

    • @bolajikolawole8744
      @bolajikolawole8744 Месяц назад +1

      You will know tatatata if you dey follow Jeff😅😅🥰🥰

    • @very_cold_emperor
      @very_cold_emperor Месяц назад

      @@bolajikolawole8744 I dey follow am but Omoh 😂😂😂

    • @Aleem-xt9fu
      @Aleem-xt9fu Месяц назад

      What strategy you use on gbpusd bro?

  • @princeadewale.diamondplusl9937
    @princeadewale.diamondplusl9937 Месяц назад +53

    This is amazing 🤩
    We coconut 🥥 head trader that will still trade Gold XAUUSD gather here now now... 😂

    • @ChineduVincent-yk5sr
      @ChineduVincent-yk5sr Месяц назад +4

      We mount
      We go learn the hard way

    • @princeadewale.diamondplusl9937
      @princeadewale.diamondplusl9937 Месяц назад

      @@ChineduVincent-yk5sr smile 😁... And the Hard way it's the Only way...
      Have blown out 5 different props firm Acct now..
      And this Gold XAUUSD 🥇 it's this same gold I still kept trading

    • @Kiddo_FX1
      @Kiddo_FX1 Месяц назад

      😂😂🤞🤞🤞

    • @Ijawboi1
      @Ijawboi1 Месяц назад +1

      😂😂 coconut head bois

    • @DamilareAdam-sp2pm
      @DamilareAdam-sp2pm Месяц назад

      Pluto manians 😂😂😂

  • @bertrandfossung1216
    @bertrandfossung1216 Месяц назад +17

    I trade XAU/USD and BTC/USD. I have blown so many accounts to be honest as well as made big money on these pairs. I just love volatile pairs. They suit my trading style.

  • @Meshakdann
    @Meshakdann Месяц назад +27

    Its not about volatility but its about risk. You can trade any pair depending on the risk you wanna put in the market.

    • @miratrades
      @miratrades Месяц назад +4

      Exactly, but the thing with a high volatility induced into a pair is that it'll bring you to your TP faster or SL faster.

    • @Oluwa_Fx
      @Oluwa_Fx Месяц назад

      Exactly. That why I trade gold and BTCUSD​@@miratrades

    • @odeyemiolatubosun1418
      @odeyemiolatubosun1418 Месяц назад +1

      Exactly 💯

    • @obodonkem8092
      @obodonkem8092 Месяц назад +1

      Help me tell him. Him just Dey cap

    • @meeky211
      @meeky211 Месяц назад +1

      @@Meshakdann Exactly the comment I’m looking for

  • @HecProman
    @HecProman Месяц назад +34

    I agree gold is very volatile but I ain't giving up on it. Its the best pair to grow your account. May God help everyone succeed in trading.

    • @Resilience_trader10
      @Resilience_trader10 Месяц назад

      When i started 2 years ago i blew my account severally trading with that pair and all signal providers where all trading xauusd
      But this year i decided to go into nzdusd or gbpusd their are less signal providers for this pairs

    • @odeyemiolatubosun1418
      @odeyemiolatubosun1418 Месяц назад +1

      Amen 🙏

    • @monitex-tv
      @monitex-tv Месяц назад +1

      Also the best pair to blow ur account faster

    • @Resilience_trader10
      @Resilience_trader10 Месяц назад

      @@HecProman y

    • @HecProman
      @HecProman Месяц назад

      @@monitex-tv If you don't know how to apply risk management, I agree, your account will be blown.

  • @Muhammedshittu931
    @Muhammedshittu931 Месяц назад +9

    I still love gold, although I blown my but yet I understand it quickly than others pairs

  • @nsejahharrison2757
    @nsejahharrison2757 Месяц назад +14

    Me watching this video and smiling 😊 because I placed a trade on gold yesterday and I'm in massive profit.
    Waiting until it will hit my take profit next week. 🎉🎉
    Dear traders, all you need is a good entry to be profitable in the financial market.✌️

    • @Oluwa_Fx
      @Oluwa_Fx Месяц назад +2

      Exactly

    • @sirbizobaraka1121
      @sirbizobaraka1121 Месяц назад +1

      True dat

    • @meeky211
      @meeky211 Месяц назад +1

      Honestly! Good entry with good risk management

    • @ayindeabubakar6910
      @ayindeabubakar6910 Месяц назад

      That's fact😊

    • @simonugwu7732
      @simonugwu7732 Месяц назад +1

      Tell us whether u were on buy or sell. 😂😂😂😂 Gold has gone back to you SL. De play. If you see profit on gold take it

  • @Oladimejitrades
    @Oladimejitrades Месяц назад +3

    ✋😌🤚
    I no dey hear you taught me how to dig gold the right way and ive Been doing that for the past 6 months
    Thanks

  • @mchenryallexa
    @mchenryallexa Месяц назад +112

    Thanks for keeping us updated! I feel sympathy and empathy for our country. low income people are suffering to survive, and I appreciate Victoria Anne Leonard. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.

    • @BethBarnes9
      @BethBarnes9 Месяц назад

      What opportunities are there in the market, and how do I profit from it?

    • @jerradhaire
      @jerradhaire Месяц назад

      You can make a lot of money from the market regardless of whether it strengthens or crashes. The key is to be well positioned.

    • @gedalytamaya
      @gedalytamaya Месяц назад

      I would really like to know how this actually works.

    • @taghridmadsen
      @taghridmadsen Месяц назад

      All you need is a good capital and the
      service of a professional broker, with those your investment will most certainly produce high yields.

    • @badarhowington
      @badarhowington Месяц назад

      Do you have an idea of any good broker I
      can start with?

  • @cryptoairdroplover7172
    @cryptoairdroplover7172 Месяц назад +12

    Me and gold? I die there! I'm okay with the risk, experience is the best way to perfection.

  • @famosayaadedayo1198
    @famosayaadedayo1198 Месяц назад +4

    I love the balance in the video not just condemning gold
    But letting people know that gold is still good and if you choose to trade gold, do it the right way

    • @obodonkem8092
      @obodonkem8092 Месяц назад

      There is no balance anything. All na marketing strategy

  • @Single_Female_soldiers
    @Single_Female_soldiers Месяц назад +1

    To everyone reading this Keep going 🙏. No matter how stuck you feel, no matter how bad things are right now, no matter how hopeless & depressed you feel, no matter how many days you have spent wishing things were different. I promise you won't feel this way forever. Keep going..

    Bless
    my day with a follower.
    it could mean a
    lot 🙏

  • @ademolahassan1888
    @ademolahassan1888 Месяц назад +6

    Very informative video...But i trade gold only with four years experience...The reason why i stick to only gold is due to the fact that gold respect market structure a lot and it suits my trading style (swing trade)...Just learn how to practice strict good money management on gold you will be fine

  • @GoodnessOkechukwu-bb8xq
    @GoodnessOkechukwu-bb8xq Месяц назад +2

    Wow 300k subscribers and more to go. Well done jeff.

  • @sylvanusgodwin4144
    @sylvanusgodwin4144 Месяц назад

    This Is why I like you,U are A good Mentor.A mentor that Says the Truth.Kudos👏👏

  • @UsherNova
    @UsherNova Месяц назад +3

    Boss you’re the GOAT of forex I swear

  • @Osefranklin
    @Osefranklin Месяц назад +8

    Thanks Jeff 👍

  • @Asitforms
    @Asitforms Месяц назад +1

    Fantastic video, we love you Mr Benson ❤

  • @The_CycleSmith
    @The_CycleSmith Месяц назад +2

    Thank you for the advice, be safe 🖤

  • @everythingmoviez1
    @everythingmoviez1 Месяц назад +2

    Happy 300k subscriber🎉🎉🎉🎉

  • @ShedrackJerry-eq9gy
    @ShedrackJerry-eq9gy Месяц назад +1

    It has been the only pair I've looked and been looking at since I started looking at the charts .

  • @EnifDaniel
    @EnifDaniel Месяц назад

    Yes Boss Jeff, I'm a beginner and I've made you my mentor since when I started watching your videos even though I've not yet gotten the money to register in Firepips FX.
    I've know that you only trade GBPUSD, and as a mentee, I follow my Boss. Follow who know road😃
    So GBPUSD is my best and I love it.

  • @asopips
    @asopips Месяц назад

    Changing pair can change your destiny. Thank you man 🔥

  • @Anime_sempai42
    @Anime_sempai42 Месяц назад +3

    Thanks for the advice

  • @informative6052
    @informative6052 Месяц назад

    I believe it depends on the contract size...each broker use on Gold

  • @romantoolitshorts
    @romantoolitshorts Месяц назад

    Thanks for the advice uncle Jeff this video was just about me 🤞🏽 I’m gonna change ❤🎉

  • @Mosh_Ayo
    @Mosh_Ayo Месяц назад +2

    Thank you sir, I now realize ❤🙏🏼

  • @Zytech_FX
    @Zytech_FX Месяц назад +2

    Watching from sierra Leone 🇸🇱 West.

  • @thedemygodd
    @thedemygodd Месяц назад

    you killed me in this video🤣😭 thank you for the advice

  • @sabihowpro8073
    @sabihowpro8073 Месяц назад

    Very well spoken video. Flow was impeccable. Boss was rapping. Drop diss track finish

  • @Dac_nasky001
    @Dac_nasky001 Месяц назад +5

    Senior man I just want to get 15% of your knowledge in forex I will be sacrificed for the moment.

  • @KennethAkpobi-hs3ii
    @KennethAkpobi-hs3ii Месяц назад +1

    Thanks for your unending advice and guidance sir Jeff 🖖🤓😎

  • @user-zb3gf5os8d
    @user-zb3gf5os8d Месяц назад

    This so much for this information, it’s very helpful.

  • @delekabediako
    @delekabediako Месяц назад +1

    300K Subscribers 🎉🎉🎉 Congratulations 🎉🎉🎉

  • @ArthurUmoru
    @ArthurUmoru Месяц назад +4

    Bro there’s nothing like wrong pair or instrument… You can’t be risking 1k for instance, then use 10 lot size on GU and same 10 lot size on Gold, it’s absurd… Calculate your risk based on the amount you’re risking and the value btw your entry point and stop loss point; then you will get your lot size to use for the trade. Risk calculator is time wasting and old fashioned. All you need is dividing your risk amount with your risk perimeter, you’ll get your lot size. Trading is not so difficult, we’re making it so difficult unnecessarily. Nice video anyway 👍🏽

  • @Dagold463
    @Dagold463 Месяц назад +27

    I trade only gold with good profits
    Other pairs are dull🤦

  • @nigelsimon4249
    @nigelsimon4249 Месяц назад +17

    You are not lying 😂 its too volatile

    • @The_torero
      @The_torero Месяц назад

      @@nigelsimon4249 ..It has knocked me out many times.

  • @somtochukwu001
    @somtochukwu001 Месяц назад

    Gold is volatile, yeah!
    But with a good strategy and risk management..
    You will surely be profitable. 💰💯

  • @somethingbigfx
    @somethingbigfx Месяц назад +1

    Minding fixing the bug on your risk calculator (undefined, NaN)

  • @lordsonojo8896
    @lordsonojo8896 Месяц назад +3

    Jeff hit the spot

  • @PawHub-Fearless
    @PawHub-Fearless Месяц назад

    Thanks for the update.

  • @AhmedAbdulGafar-r6d
    @AhmedAbdulGafar-r6d Месяц назад +1

    Thank you for the knowledge sir.

  • @steveshotit
    @steveshotit Месяц назад +1

    You’re right sir , I’m so comfortable with gold

  • @StephenAkowe
    @StephenAkowe Месяц назад

    Welcome bak...it been long you posted (mentor)

  • @jonathanavurakoghene1281
    @jonathanavurakoghene1281 Месяц назад

    Thanks for knowledge Boss
    I really appreciate all ur efforts for sharing free knowledge both online and offline,God bless you sir 🙏

  • @user-sy6oy9zn6d
    @user-sy6oy9zn6d Месяц назад +4

    Gold is a good to trade but you have to be strict with your risk management

    • @obodonkem8092
      @obodonkem8092 Месяц назад +1

      Exactly. You Dey listen to jeff

    • @iitalineekela
      @iitalineekela Месяц назад

      When talking about risk management, are referring to Sl

  • @IdowuGbolahan
    @IdowuGbolahan Месяц назад +7

    na why i dey like you i’m a beginner i trade gold for once my eye see pepper i don stay with my EU to understand it more

  • @ibrahimalfaridamy1485
    @ibrahimalfaridamy1485 6 дней назад

    Thank you boss good bless you more

  • @Mrlightwdm
    @Mrlightwdm Месяц назад

    I have stayed away from trading for 7 months now, am back to try something different

  • @chuksrukymedia142
    @chuksrukymedia142 27 дней назад

    I have lost all my funds because of gold, it’s charming and additive

  • @FidelisOrfega
    @FidelisOrfega Месяц назад

    I love the information you keep dishing out to us boss. Thank you BOSS 🙏.

  • @bernardlartims9114
    @bernardlartims9114 Месяц назад

    Jeffery has come a long way , from watching him earlier in 2020 to 4yrs later . A lot has changed

  • @Youngblissmusic
    @Youngblissmusic Месяц назад +5

    I guess i am saving up to fund my acct again
    See you guys next time

  • @iamdamini_001
    @iamdamini_001 Месяц назад

    I swear mentor Jeff . This is true and its all fact . 😢 I did trade gold and I have been blowing account before I promise my self that until I join your mentorship. This video just came right on time 😢😢😢

  • @adebayooluwatobi1577
    @adebayooluwatobi1577 Месяц назад +1

    Thanks for this bossman ❤

  • @OliverDecoco
    @OliverDecoco Месяц назад +1

    I pray to meet you one day sir jeff❤❤❤❤❤

  • @Topboitgold
    @Topboitgold Месяц назад

    Thanks for this, but I’m not leaving gold😂

  • @pixelartstudio.5564
    @pixelartstudio.5564 Месяц назад

    Thanks bro! Everything makes a lot of sense now.

  • @user-mx5fp5gv6r
    @user-mx5fp5gv6r Месяц назад

    I love the comments it's balance on both sides

  • @DesmondArchibong
    @DesmondArchibong Месяц назад

    Jeffrey Benson congratulations on 300k subscribers

  • @user-zq8dr5nt2q
    @user-zq8dr5nt2q Месяц назад +1

    Thanks brother man 😊😊😊😊

  • @munzaf.s7936
    @munzaf.s7936 Месяц назад +1

    Great one Jeff

  • @JEDIDIAHFOREX
    @JEDIDIAHFOREX Месяц назад

    Keep talking to us sir...
    I love it when I see ur updates.
    Lol❤️

  • @jonowadesign6791
    @jonowadesign6791 Месяц назад

    Thanks Jeff.... Congratulations on your 300k

  • @obodonkem8092
    @obodonkem8092 Месяц назад

    Your marketing strategy na top notch. Buh leave gold for us . We love it

  • @casmirmmaduabuchi554
    @casmirmmaduabuchi554 Месяц назад

    Thanks a lot, am casmir I have been trading for long time now and I have discovered that gold always maintain or often respect it zone like older blocks or trend lines unlike other pairs they are manipulative sometimes when looking at DXY you will get more confused because the EU may reach the other block or trend line and the DXY is not in the oder block or trend line sometimes the EU will pass the order block or trend line and when the DXY reach it's order block or trend line you will see a reaction in EU and it not like that in gold just know your trend and follow it and avoid taking trade around liquidity pool

  • @real_davetv6564
    @real_davetv6564 Месяц назад

    Can you make a video on chart patterns please
    Or price action👍

  • @Maxwell-qr3oe
    @Maxwell-qr3oe Месяц назад

    Absolutely true, watching from asaba Delta State

  • @Frank-rv9ox
    @Frank-rv9ox Месяц назад +3

    I wish the video came out earlier lessons learnt i blew most of my account on gold

  • @ayogukings323
    @ayogukings323 Месяц назад +3

    Thanks for that

  • @StephanieMaddison78
    @StephanieMaddison78 Месяц назад +3

    But Jeff someone can just trade gold and make that huge amount of money that just stop. Some people may just use that one just to make small money to grow THIER account

  • @Superjohnfx
    @Superjohnfx Месяц назад +3

    Omooooo gold humble me even though I still love it so much

  • @AugustineEmmanuel-og1ik
    @AugustineEmmanuel-og1ik Месяц назад

    Thanks for this ❤

  • @dassyclassy
    @dassyclassy Месяц назад

    No lies told o. Absolute true

  • @oluwaseundavidmedia
    @oluwaseundavidmedia Месяц назад

    Thanks for the advice boss 🙏🙏

  • @user-nz3cm2zu5m
    @user-nz3cm2zu5m Месяц назад

    Thanks for this, boss. But the truth is head too strong to leave that pair oooh.

  • @Computertrading
    @Computertrading Месяц назад +1

    XAU/USD to peak in August
    Expect drop towards 1810.402

  • @alwaystrue6323
    @alwaystrue6323 Месяц назад +1

    Am opening sell now now on gold

  • @RotimiOfRaftech
    @RotimiOfRaftech 29 дней назад

    You're very correct....

  • @user-kn2gb8lv9s
    @user-kn2gb8lv9s Месяц назад

    boss on point. i learned it early .

  • @EidKatonso
    @EidKatonso Месяц назад

    i will never look at anyother pair but gold and DXY for direction. I believe in losses bse thats were i learn and grow😊

  • @Yanimation1
    @Yanimation1 Месяц назад +1

    17 years old beginner trader 😢 please guide me I am learning on my own in RUclips and instergram

  • @blackboyfx22
    @blackboyfx22 Месяц назад +2

    Nice jeff

  • @OshimAugustine-nm3od
    @OshimAugustine-nm3od Месяц назад +2

    Thanks 🙏

  • @AJIBOLAALIYU
    @AJIBOLAALIYU Месяц назад

    You're the best sir Jeff

  • @ceitee
    @ceitee Месяц назад +1

    y'all say xauusd will get you more money with a small move than other pairs do, the thing you fail to understand is that, whatever money you make is relative to your risk.
    Say you place a trade on xauusd and your stop loss is $10 worth, if that trade moves twice your stop loss, you can only make $20 profit, same as if you place a gbpusd trade with $10 SL and it moves twice your SL, you make $20. It all depends on your risk, don't get yourselves confused. Always make sure to calculate your risk.

    • @hitflash9921
      @hitflash9921 Месяц назад

      @@ceitee na you get it boss. These people just de confuse themselves. I stop trading gold because it's harder to calculate risk. To calculate the pips is kinda confusing and you will easily mess up your RR strategy with it.

    • @ceitee
      @ceitee Месяц назад

      ​​@@hitflash9921I use mt5 to trade, I don't get to use any position size calculator anymore, mt5 has this tool that I use to calculate my risk.
      There are two red and blue icons at the top right, I don't know the names, one is round and the other is a box, when you tap the round one, it has options for buy and sell stops and limits, if I want to buy, I use the buy stop option, place it slightly above the current price, then there's also SL and TP options, I select SL option then place it where I want my stop loss to be, it's a horizontal ray, it will automatically show you how much you're risking, if the risk amount is not the one you want, then you can be adjusting the lot size till the risk amount is what you want, that's how I get my lot size, though I won't place the trade as a buy stop, i execute it instantly.

  • @King_Dayvid
    @King_Dayvid Месяц назад +2

    I forever stand with XU, nevertheless listen to Jeff if you're a newbie.

    • @obodonkem8092
      @obodonkem8092 Месяц назад

      Newbie or no newbie can trade gold

  • @SaiduKoroma-p2s
    @SaiduKoroma-p2s 23 дня назад

    U inspire me to learn forex training , who is your broker please

  • @obodonkem8092
    @obodonkem8092 Месяц назад

    Get a good gold mentor and thank you . Beginner or no beginner can learn gold and be profita🎉.. as long as you have the equity to start.

  • @user-yg1rm3zn8p
    @user-yg1rm3zn8p Месяц назад

    You are right boss😢I keep loosing my hard earn money to the gold market😢I’m so tired…..

  • @ShawnMatongo
    @ShawnMatongo Месяц назад

    The man speaks once more❤

  • @babydubdub8729
    @babydubdub8729 Месяц назад

    It can be traded as a beginner but it requires special analysis especially with marking the psyche levels because the pip range is very large just like BTC
    If you have a small account as a beginner, stay away from it as there's no lot size for you to use that ensures proper risk management

  • @beecham6786
    @beecham6786 Месяц назад

    My boss like no other i respect

  • @chukwunweikethaddeus5444
    @chukwunweikethaddeus5444 Месяц назад +1

    Love this

  • @blurwaves1279
    @blurwaves1279 Месяц назад +1

    Yes sir this week I lost my capital and profit to it and I don't even have money to trade again am pained 😢

  • @ZiedApex
    @ZiedApex Месяц назад +1

    Thank you boss

  • @ArthurGeneral.
    @ArthurGeneral. Месяц назад

    if you want to trade XAUUSD u need to divide the Lot size by 10 eg. 1SDL in EU = 0.1 SDL in XAUUSD. If you are trading with the same position size then you are trading with 10x your intended risk

  • @Greatwords-i3t
    @Greatwords-i3t Месяц назад

    Thanks boss Jeff ❤ much love 🫡