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Nick, you are truly a wonderful person, and I am very grateful for your help. I hope that those beginning their trading careers will see this and understand that if their mentor doesn't exhibit similar qualities, they might want to proceed with caution.
I really appreciate this transparent insight into your trading. I don't dream of lambos, and expensive brands anymore. I want to be a true trader and a master of my craft. Keep being true to yourself nick!!
I use zero leverage, as this is a stocks and options broker. I also have a dynamic risk model, but my position sizing can be risking anywhere between a 0.1%-2% per trade
If you are taling leverage then also take only 1-2% risk on a single trade And max drawdown is 3% on a single day which is 3 loosing trade trading closeon that day.
Tqqq etf returns are more than your portfolio returns from last 5 yrs bro TQQQ 5 YR RETURNS - 273% Nick portfolio 5 yr returns - 210% S&p 5 yr returns- 148% But this etf is for high risk taking traders only 🧐 This is high risk high returns etf Tqqq is 3 times of nasdaq 100 😇 Nick you can beat qqq in long term but you can't beat TQQQ IN LONG TERM ALSO 🧐😇
You are definitely right. I also should have only been long NVIDIA and Bitcoin. What was I thinking! lol Kidding of course. With hindsight, yes, it was obvious to be long the incredibly high risk etf TQQQ. But - when we do eventually enter into a true bear market, TQQQ could see nearly 100% of its gains wiped out, due to the way that leveraged product operates. Hindsight is a very dangerous thing - and bull markets can be deceivingly easy.
@TraderNick i have less idea about your us market so i am learning from you only i am increasing knowledge and asking you about this tqqq product Is it a leverage product i cant hold this in spot position investing for long term purpose like stocks ?
@TraderNick one more thing i noticed about that btc gave good returns in last year but microstrategy company which is buying btc by taking billions pf loans making mpre returns like 800% in last year mpre returns than btc Bro can you spot this thing?
Averaging 8% per month long term would make you the greatest documented trader of history. No one has ever done that long term. I wish it were as easy as it sounds, and urge you to look into actual statistics on successful traders and money managers
@@TraderNick I don't like when people say this because, while it's true that "long term" nobody does these numbers, what's actually going on is that when your account is very large, trading and active management become less viable due to slippage, moving the market with your trades, less leveraging capability and so on. But with a small account, there should be no difficulty for a trader with a system that actually works to achieve 8% per month. When talking about returns, we have to make a distinction between the returns on the account and the returns on someone's entire net worth. Yes, those things will diverge as that person builds wealth - a strategy that turns 100,000 into 250,000 every year is going to have less of an effect when net worth is in the millions, but you can't start with the premise that it isn't realistic when you aren't yet moving millions or billions worth of capital.
I'm not trying to be negative or shoot down peoples hopes. I'm trying to help traders dial in what realistic trading expectations are so they don't hurt themselves over risking. A great way to do that is to find examples of experienced people doing what you want to achieve. In trading, great traders are producing (and proving through broker logins or myfxbook) about 2-3% per month as an achievable goal that is relatively consistent. Also, the capital size hardly effects it in highly liquid markets like the stock market and foreign exchange. You would need multiple billions to really move liquid stocks and currencies. Additionally, even if position filling was an issue - you could still withdraw funds and continue to produce 8%, but no one has done that long term and proven it. The returning 8% per month part consistently is the hard part.
@@TraderNick Ok, while it is impossible to compound the same account at a high rate consistently, this is because it becomes too big over time. You get diminishing returns due to the reasons I listed, which you seem to have deleted. But that's why, when traders do a high % per month, it is not 1 account they've compounded for years; it is a small account that they withdraw from regularly. So, this will never be proven if you are asking for evidence of one account compounded at a high rate for decades. That isn't how that works, and I feel you know this. Of course, you also know well that my book can be manipulated, so that's not the best source anyway.
Get EdgeFinder 👉 tinyurl.com/5zamzvkm
Get Trade Signals 👉 a1trading.com/vip/
(Use code YTVIP for a subscriber discount!)
*Stock/Futures/FX Brokers + Perks for US Traders!*
🐂 WeBull (Stocks): tinyurl.com/mpsxbssn
Good job nick, lets make this year a positive year too. the grind starts now.
Nick, you are truly a wonderful person, and I am very grateful for your help. I hope that those beginning their trading careers will see this and understand that if their mentor doesn't exhibit similar qualities, they might want to proceed with caution.
Thank you for the kind words!
Well done nick 🎉❤
Love and appreciate the transparency🔥🔥
If only everyone would be this transparent and show the real traders
Amazing Nick, great work. All the best for 2025! 🎉
Thanks man! You too
I really appreciate this transparent insight into your trading. I don't dream of lambos, and expensive brands anymore. I want to be a true trader and a master of my craft. Keep being true to yourself nick!!
bad sharpe ratio see I. DD is too high
Nick do you think that some sort of valuation tool could come to the edgefinder this year ?
If you’re talking about stocks, checkout our new stock market tool we’re working on! a1trading.com/stockbox
How long would you consider a performance evaluation/review to be if your trading with a consistent pattern?
At least 1 year!
Pls how much % do you risk per trade, and what's your leverage?
I use zero leverage, as this is a stocks and options broker. I also have a dynamic risk model, but my position sizing can be risking anywhere between a 0.1%-2% per trade
If you are taling leverage then also take only 1-2% risk on a single trade
And max drawdown is 3% on a single day which is 3 loosing trade trading closeon that day.
You are doing Great Sir! I humbly want to learn how to code in MQL5 from you. Any Contact?
I don’t personally teach programming in mql5, but there are several great content creators on RUclips that do so I bet you could find
Tqqq etf returns are more than your portfolio returns from last 5 yrs bro
TQQQ 5 YR RETURNS - 273%
Nick portfolio 5 yr returns - 210%
S&p 5 yr returns- 148%
But this etf is for high risk taking traders only 🧐
This is high risk high returns etf
Tqqq is 3 times of nasdaq 100 😇
Nick you can beat qqq in long term
but you can't beat
TQQQ IN LONG TERM ALSO 🧐😇
You are definitely right. I also should have only been long NVIDIA and Bitcoin. What was I thinking! lol
Kidding of course. With hindsight, yes, it was obvious to be long the incredibly high risk etf TQQQ. But - when we do eventually enter into a true bear market, TQQQ could see nearly 100% of its gains wiped out, due to the way that leveraged product operates.
Hindsight is a very dangerous thing - and bull markets can be deceivingly easy.
@TraderNick i have less idea about your us market so i am learning from you only i am increasing knowledge and asking you about this tqqq product
Is it a leverage product i cant hold this in spot position investing for long term purpose like stocks ?
@TraderNick one more thing i noticed about that btc gave good returns in last year but microstrategy company which is buying btc by taking billions pf loans making mpre returns like 800% in last year mpre returns than btc
Bro can you spot this thing?
I totally understand conservative approach but in order to make a living you need to do more than 15% u need to use leverage.
Nonsense, 15% of a 1 million account is more than enough to live comfortably.
It’s definitely relative to a persons situation.
Yeah if you have small amount like 10k you have to take leverage and make that kind of returns
If you dont make you cant survive 😅
that's a great great return nick the fact that you outperform spx in recent years where it was heavily trending is great achivement .
A professional trader should be doing 8% but I appreciate your honesty in showing your results
A month
Averaging 8% per month long term would make you the greatest documented trader of history. No one has ever done that long term. I wish it were as easy as it sounds, and urge you to look into actual statistics on successful traders and money managers
@@TraderNick I don't like when people say this because, while it's true that "long term" nobody does these numbers, what's actually going on is that when your account is very large, trading and active management become less viable due to slippage, moving the market with your trades, less leveraging capability and so on. But with a small account, there should be no difficulty for a trader with a system that actually works to achieve 8% per month.
When talking about returns, we have to make a distinction between the returns on the account and the returns on someone's entire net worth. Yes, those things will diverge as that person builds wealth - a strategy that turns 100,000 into 250,000 every year is going to have less of an effect when net worth is in the millions, but you can't start with the premise that it isn't realistic when you aren't yet moving millions or billions worth of capital.
I'm not trying to be negative or shoot down peoples hopes. I'm trying to help traders dial in what realistic trading expectations are so they don't hurt themselves over risking. A great way to do that is to find examples of experienced people doing what you want to achieve. In trading, great traders are producing (and proving through broker logins or myfxbook) about 2-3% per month as an achievable goal that is relatively consistent.
Also, the capital size hardly effects it in highly liquid markets like the stock market and foreign exchange. You would need multiple billions to really move liquid stocks and currencies. Additionally, even if position filling was an issue - you could still withdraw funds and continue to produce 8%, but no one has done that long term and proven it. The returning 8% per month part consistently is the hard part.
@@TraderNick Ok, while it is impossible to compound the same account at a high rate consistently, this is because it becomes too big over time. You get diminishing returns due to the reasons I listed, which you seem to have deleted. But that's why, when traders do a high % per month, it is not 1 account they've compounded for years; it is a small account that they withdraw from regularly. So, this will never be proven if you are asking for evidence of one account compounded at a high rate for decades. That isn't how that works, and I feel you know this. Of course, you also know well that my book can be manipulated, so that's not the best source anyway.