$1k to $10k in 30 Days: Compounding Forex Strategy Explained
HTML-код
- Опубликовано: 4 окт 2024
- 👉 tradingnut.com... - Click for Nick's Program
👉 tradingnut.com... - CTI FUNDING ACCOUNT 𝟭𝟬𝟬% 𝗣𝗿𝗼𝗳𝗶𝘁 𝗦𝗵𝗮𝗿𝗲
============================
Cam Uses This Broker: tradingnut.com...
=============================
Learn the "EASIEST & FASTEST" Way To Build Trading Robots
1) Start with Cam's FREE Training & Trading Robot:
tradingnut.com...
2) Let Cam Teach You Everything He Knows:
tradingnut.com...
=============================
@NickShawnFX is back on the show to walk you through his approach to compounding small Forex accounts by 10x in a short time like 30 days. You can do this through brokers that offer high leverage like Hankotrade. And Nicks simple break and retest approach which he outlines in the video.
=============================
Follow on INSTAGRAM:
/ tradingnut
Join my Telegram chat:
tradingnut.com...
Subscribe on APPLE PODCASTS:
itunes.apple.c...
Follow on SPOTIFY:
open.spotify.c...
=============================
Join this channel to get access to perks:
/ @tradingnut
#TradingNut #ForexTrading #ForexStrategy 
Развлечения
Nick is cool AF. Love watching his videos.
9:35 He's right. With no trade management or with it. Just as long as the strategy is effective you still have a chance. Strategies with 50% or more win rates particularly.
Y'all in these comments fighting HARD to confirm whatever preconceived biases you have about nuanced trading styles. All that matters at the end of the day is making money; point blank period. Yall are stuck in the "how to win" phase of forex so you can't fathom the ideology of someone who operates purely from a "making money" standpoint. Yea, ipso facto, the way he looks at the market is gonna be different from average ass people who struggle to understand fundamentals and technicals.
Nick is an amazing trader - his strategy is defintiely not for the new starters but in theory works. The biggest barrier is the psychology if you want to get similar results.
It’s not realistic at all
@@nas1002 I'm not sure what you mean by not realistic because it actually works. 🤔 I can see it being unrealistic if you're setting unrealistic goals like $10 to $1000. this strategy is actually insane it works.
@@nas1002 You must be new to trading! It's not everyones cup of tea pal
@Igor Volyn Its main support zones.
you aren't just going out on a prayer here.
proper confirmation could easily get this into the 90% win rate range.
making the extreme use of leverage valid.
No pain no gain.
i am willing to eat it on one trade for a reasonable loss on the other side of the zone.
in exchange i win crazy on 9 trades.
I have no problems eating the one trade that just sucks to lose.
I wouldn't be using flat risk to reward.
I consider this type of trading suicidal.
The market gives what it does. sometimes that is 0.5 to 1. sometimes that is 10 to 1.
@@DonEkz21 But 10 to 100$ is not imposible then 100$ to 1k and finally 1k to 10k
So Nick went from trading Break&Retest on the Daily-H4 to trading S&D zones on the H1-m5. Kinda nice to have a swing strategy and a scalp strategy. Now, I wonder if he is going to begin trading S&D on higher time frames such as the ones he uses for Break&retest
Switching strategies same as any noob, he also has gone through a hedging stage, now onto mean reversion, just because he can "see" that price has moved too far - strictly subjective, no ADR, no resistance, no fundamentals, and yet he can teach it to you for 1000 / month.
@@johngreydanus2033 I know lol the guy claims to be a millionaire trader, but he makes sure to not mention his original 1k AND 3k course (now has a 20k private mentorship 1 on 1) and his MFX close friend group at 250$/month. I know from forums that he has above 250 people in this group. He generates PASSIVELY every month 62k ONLY from his close friend group (not including all his courses).
And now he upped his prices.
Honestly, Nick Shawn really nailed it when he said in his video that prediction in the stock market is inpredictable, and all you need is to enter 50/50 profit or loss, instead close your loss if you see it is going nowhere or hedge it.
I always wondered years ago why is the market taking the opposit of my prediction and i stay in it for a long time losing thousands.
Basically, the market is 50/50 BUT with experience and dollowing the major trend, will add to his strategy also with money management. Thansk Nick Shawn.
Welp. Shawn just gave ya'll a formula to grow your account. Wish I seen this years ago as a beginner. If you're just starting do this. It also helps you get better with where to enter.
Simple, just take the winning trades, no formula required, think about it.
Thank you, good video👍
Good luck😄😉
You can close a trade just because it broke the zone and it will still break back up and hit tp
a trading strategy should be simple - execution is really what matters...if this is simply hourly S&R, why would anyone join your course?
for extra help
He always says to not buy his course and that his videos explain everything but for the people that want extra and more personal help, they enter his program.
What time of the day does he trade?
3 am Texas start, Americans do it different because by the time New York opens, most of the FX moves have been made, it's either contrarian moves for 50% or drive the price to 200% once in a while.
At 10:33 LIKE , he dodged the hard question , LIKE , you know what I mean , LIKE , Josh has a chart but no account figures , LIKE , crazy right?
I know sir I have been follow long time love you sir
I love you too
What level of leverage are you using here?
500
40% risk for 50% gain is not good risk management
it may seem like that but considerhow easy it is to get 1:1 risk reward
@@rockefeller13 facts when you understand the strategy it’s genius
@@sarahbrown1189 right, im surprised i didnt think of this earlier
what apps to calculate that nic said ? thanks
stinu app
my fxbook
I'm going to have to see some actual trade accounts with timestamps. “Extraordinary claims require extraordinary evidence”.
Yeah too many teachers and no do-ers
@@leo6808 I don't know if he is or not, but that many big wins in a row day trading requires some proof IMO.
@@davidplyler8173 he doesnt have to prove anything to you lmao wont affect your life in the slightest if he was making millions per trade you still wouldnt be where he is
@@davidplyler8173 just because you cant win consistently doesnt mean everyone else cant
So he risks 40% every trade?
No, he does it for this compounding strategy where you try to turn 1k as fast as possible to 10k. By risking 40% of his account , with a RR of 1.25, every win trade he makes 50%. So 1000$ x 1,5^6 = 11k. So 6 win trades makes you 11k, however for every loss , you lose 40% of ur account, so that’s also a big step back.
Correct me if I'm wrong but does a 1 : 1.25 R/R not equate to a 25% gain on capital? @@FS-om6oj
What about people with low income... People like me who earn less than 200dollars
Start with 10$ and take on the challenge of needing to have a win streak many powers greater than just 1k-10k
Bro work hard Nick used to have two jobs to achieve his dreams, focus on your income and learn how to trade while you’re doing that :)
Sir nick Shawn very good trader
>>>>
where is the difference of using small accounts? if you really have such a high win rate, you could also use a big account and risk always the same amount of 200$ or so. i think his „small account strategy“ is just nonsense to sell his course. sorry cam. i guess he earns more money selling courses than by trading.
You obviously can't trade a $500 account the same way you would a $1,000,000 account.
@KDenShowEm With a win rate of 70% at a RR of 1:1.25, you can expect an average profit of 0.575% from each bet! (Win% x Avg Win)-(Loss% x Avg Loss). For example, if you start with a $100,000 account, then with a small 2% risk, after 10 trades you will have an average expected balance of $112113.75.
There is no mathematical advantage in using small accounts with huge risk. And if there is, I would be happy to see an example calculation that proves it.
@@TheWhiteCloud2000 Why not? As long as the individual trades are not so high that they influence the price and the market is sufficiently liquid, there is no difference. Otherwise, see my answer above.
You are totally right, is just bs. No difference moving 1000bucks of your 50k account or 100 of your $5000 account to a new account to just trade a "small" account or just trade the 1000bucks in one trade and risk it losing 2%
@@mafisch because you don't need make as much percentage wise to still make amazing profits without risking so much of your account. I'm saying this based on people I know of who actually trade these larger accounts and personally now I risk 3% of my account per trade but I know if I have a million dollars I don't need to risk 3% to make amazing money. Just another form of risk management.
That’s one of the stupidest thing I have heard. Risking 40% of the account just to aim for 50% gain?! WFT!! Your win rate has to be higher than 50% to even be profitable. You even have to be psychologically strong to not affect you.
Thats not the full Strategy
keep losing
How is your winrate not above 50%? Lmaoo mine is 87% and thats with a 1:3 not hard bro
Whether Nick trades on demo or real is none of my business. He does speak the truth however that when price gets to SnR zone it's either gonna go up or go down. Make it work for yourself and stop hating. I love watching his videos on his channel. Keep up the good work Nick🫡💪
Anyone took his $1000 course? Any good? Is it legitimate?
He says it's easy but I doubt he's ever done it on a live account. Just a marketing gimmick that marketers have to come up with in order to actually make money...not through trading, but through selling....if he could actually 10X an account whenever he wanted, well...I think we've all heard the compounding "stories"...
he recommends risking 40% per trade and using the hope strategy to avoid blowing up. A real class act
@@CashFlow287 The sad thing is, so many people are desperate to believe anything and pay thousands...to blow their accounts
@@maximumvelocityfx yep and because people want to believe they are legit they defend the fake gurus relentlessly
Nobody in this section is a trader
@@trader-matt mostly noise makers and nay sayers...
simple , talk about the obvious, then if you want more , jump into my pay page please, for what's obvious i dont need your payment page, sir , if i dont make it 100% on my own, rest is just noise, all the youtube bs content is just to be ignored
🤑🤑🤑🤑❤❤❤❤
Canada 🇨🇦 and USA 🇺🇸 citizens should DM “ASSIST” for 💲6,000 deal.. God Bless Y’all