Forex Leverage: 90% Of Beginners Make This Mistake When Trading With Margin...

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  • Опубликовано: 31 дек 2024

Комментарии • 265

  • @thetradingchannel
    @thetradingchannel  3 года назад +30

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
    PROGRAM INCLUDES:
    Full training course (beginner to advanced)
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    For any questions about the course email - support@thetradingchannel.net
    PROGRAM ACCESS - www.eaptrainingprogram.com
    Talk soon,
    Your honest trading coach,
    Steven

  • @KevinSanchez-lt6ds
    @KevinSanchez-lt6ds Год назад +92

    I like math, for me what helped me out is finding the equation, pretty simple.
    Risk/pip=amount per single pip then just see how many contracts of micro mini or Standard fit into that.
    Example: 21$ risk and 7 pip risk
    ²¹/⁷= 3$ per pip.
    Mini = 10,000 =1$ per pip so .
    $3/1 = 3
    3 mini = 30,000
    Hope it helps

  • @EzamZaman
    @EzamZaman 7 месяцев назад +5

    this is the first video on you tube that explained margin so well. I actually understand now yayyyyyyyyyyyyyyyyyyyyyyyyyy! Also calculating risk management at 2% which is a sensible stop loss to make, thank you!

  • @Jenisha0012
    @Jenisha0012 3 года назад +18

    Hey mate ..
    Im a long time follower..
    When I started following you there were couple of thousands followers..and now close to 1m
    And seeing you grow ,it really makes me happy too ..keep up the good work man
    Have a good trade man ..
    And thanks for the awesome knowledge that you’re giving for free
    People like us need you ..
    Have a great trading ..good luck

  • @Simba.Luna.
    @Simba.Luna. 3 года назад +10

    If you don’t want to think about micro lots or mini lots and all that, just multiply you pip size by 10,000 and that will give you right away how many units of currency you need. Just multiply it by 10,000 and you’ll never have to say “how many micro lots or mini lots do I need?”

    • @elijahseriki7949
      @elijahseriki7949 Год назад

      What about people with an acc of 50dollars or less

  • @TradersLanding
    @TradersLanding 3 года назад +10

    I get comments on my channel about leverage and you explain it so well. I added this video to one of my playlists, I think my viewers will find it extremely helpful.

    • @16barx
      @16barx 2 года назад +5

      Nah this is hella confusing

    • @S_Agni
      @S_Agni Год назад

      @@16barxcmon😂

  • @LA-ReinaFX
    @LA-ReinaFX Год назад +6

    I’m Taking notes right now , my brain hurts but I get every bit of what your saying a Big thank you for these lessons. 🙏🏼

    • @Anonymous69700
      @Anonymous69700 8 месяцев назад +1

      Same but we gotta keep pushing

  • @michaeloyaro6041
    @michaeloyaro6041 2 года назад +8

    11:15 Steve I just laughed out loud at myself remembering how my trade couldn't go through yesterday with the 5 min and 30 min charts. Even before this video ended I couldn't wait to go place my next trade, but I'll do it later. Thank you so much Steve. Thank you all the way from Kenya!

  • @derrickwong4742
    @derrickwong4742 3 года назад +2

    Wow! That was mindblowing, never figured out why I had those errors till I watched this video

  • @shplak508
    @shplak508 Год назад +18

    Yay or Nay? Please correct me if I'm wrong:
    10,000 units = $1.00/pip
    1,000 units = $0.10/pip
    (every 100 units = 1 penny)
    For a 5 pip SL to equal $10 risk requires 20,000 units.
    MATH: $10 / 5 pips = $2.00/pip = 200 pennies = 20,000 units
    For a 50 pip SL to equal $10 risk requires 2,000 units.
    MATH: $10 / 50 pips = $0.20/pip = 20 pennies = 2,000 units

  • @peterperc3731
    @peterperc3731 Год назад

    have been 100% mentored by this channel

  • @mrtmngwenya2837
    @mrtmngwenya2837 Год назад +1

    Bro, you're a brilliant teacher

  • @raffiki222
    @raffiki222 2 года назад +5

    I have been very frustrated with margins, and feel kind of dumb for not really understanding it. Years of practice trading with Euro leverage doesn't mean jack. The CFTC limits are garbage.

  • @seapilot640
    @seapilot640 3 года назад +8

    He is adorably inspiring to traders besides his just genius sense of teaching. There’s nothing I don’t understand when I watch you. Thanks for keeping it real and simple as always .God bless U

  • @LukeEllisFX
    @LukeEllisFX 3 года назад +6

    Good Content 👍🏻. I personally have never been margin called but this is great for anyone new out there.
    It has taken me just over 2 years to become consistently profitable. I would not change the journey at all I love trading to my core.
    Any trader out there seeing this keep up the work you will get to where you want to be in the end. 👍🏻

  • @mcjoewyatt
    @mcjoewyatt 4 месяца назад

    Just the video i needed. I appreciate you taking the time to break this down for us. Thanks!

  • @davoodd1638
    @davoodd1638 2 года назад

    Hi sir, I wanna say that your proficiency in math & equation is incredible & remarkable. Thanks

  • @olaworesundayakinola4528
    @olaworesundayakinola4528 6 месяцев назад

    Thank you so much Steve. This has been greatest headache. Understanding margin % , margin level and stop out. I need to know more about this.

  • @quincybaker4615
    @quincybaker4615 Год назад +2

    This is why I shy away from forex as a beginner trader I don’t understand (any) of this

  • @ShadrackKimele
    @ShadrackKimele Год назад

    Always the best teacher who explains in simple terminology and maths🎉🎉❤

  • @freedum
    @freedum 2 месяца назад

    your point about Higher TF = avg. more pips/SL = smaller posn size (and less leverage needed I suppose) was awesome! nice aha moment for me as a beginner :)

  • @bonolongolwane4594
    @bonolongolwane4594 5 месяцев назад

    my brother you are gifted you know how to make simple things very very simple

  • @threefiftyml1454
    @threefiftyml1454 3 года назад +4

    Hey man !!! I just finished watching you begginers guide , i have traded before !! And i refreshed my memory !! Great freaking video man absolutely loved it ! Im getting back into trading i susbscribed and gou are about to teach me a lot more haha thank you

    • @Anonymous69700
      @Anonymous69700 8 месяцев назад

      Yo how's your trading going? Is it profitable?

  • @shplak508
    @shplak508 Год назад +1

    This was a great video. I had to watch it a couple times like you advised, but wow, never would have thought about this as a beginner...

  • @felipemonsalve
    @felipemonsalve 6 месяцев назад +1

    Great explanation! Equations aside, I only don't get the logic of why I would need less currency units for a bigger stop loss.

  • @titusloudir5686
    @titusloudir5686 3 года назад +2

    Another idea i will recommend is increasing the leverage...

  • @SanderTrades
    @SanderTrades 9 месяцев назад

    I am new in trading and this is exactly what i needed. Thanks mucho! 🙏🏼

  • @eyetiff
    @eyetiff 5 месяцев назад

    Thank you! I was wondering why I couldn't place a trade with a higher lot size. This puts it all together😅

  • @freeiran4885
    @freeiran4885 10 месяцев назад

    Thank you for teaching so well by giving case scenario examples. Thank you!

  • @herbflorent2616
    @herbflorent2616 3 года назад +4

    Hi, I have a question regarding the broker you use. I see lots of bad comments on them did you have encounter any problem with them during all this time especially regarding your withdrawals? Thanks for the help if you see this message. Thanks for your videos keep on!! You seem to be an honest guy with is rare.

  • @Jag-ws5ue
    @Jag-ws5ue 2 года назад +3

    Thanks for the detailed explanation, but can you give a safe margin percentage range to keep above.

  • @tobigforyou
    @tobigforyou 11 месяцев назад

    You're a life saver dude.

  • @stateboss946
    @stateboss946 3 месяца назад

    This is exactly what I required

  • @kiaramia5401
    @kiaramia5401 3 года назад +18

    Early 2019 when i was trying to find my way around trading and investing, I offered a friend in IML money to teach me how to trade, but he was more interested in me joining the platform, i kept wondering why until i learnt the ropes before i realized he couldn't even explain a candlestick anatomy. I laughed😂

    • @messenger1556
      @messenger1556 3 года назад +1

      Lucky you didn't get sucked into that mate, I blew so much money in buying into these So called "platforms", "courses", "strategies", "set it and forget it" type of crap before I realised I have to learn this properly, with good knowledge of basics, risk management etc. just exactly how you learn a language. Thanks for sharing.

    • @tino3609
      @tino3609 3 года назад +1

      Wow that suck kinda the same thing I went through well I’m a beginner and what happen to me was I paid one time sent me the candles stick bible then after that blocked me lol

    • @isilelipeti1830
      @isilelipeti1830 3 года назад +3

      Yeah haha “money in minutes” 😂😂😂😂 bro shut up before I delete your demo account 😂

    • @tino3609
      @tino3609 3 года назад

      @@isilelipeti1830 lol

    • @zauniezaun
      @zauniezaun 3 года назад +1

      Know this feeling. Joined a group as well and even though they do teach you (not cheap) the platform pyramid climb pressure is intense. It was annoying.

  • @omarbrown4962
    @omarbrown4962 Год назад

    I become addicted to your video

  • @ViCT0RiA6
    @ViCT0RiA6 3 года назад +9

    You're the best fr, appreciate your content so so much 🙏🏼

    • @mariefranklin3722
      @mariefranklin3722 3 года назад +1

      Do you trade forex?

    • @ViCT0RiA6
      @ViCT0RiA6 3 года назад +1

      @@mariefranklin3722 y else would I b here 👀

  • @Aleyka232
    @Aleyka232 5 месяцев назад +1

    It was very very useful!Thank you!
    What if I set a bigger stop loss than my strategy recommends in order to need a smaller unit size, as you mentioned in the video? If the trade goes against me, I can manually close the trade when it hits half of my stop loss by watching the chart on lower timeframes. This way, margin won't be a problem when opening the trade. Can this be a solution for smaller margin requirements? (I mean This would only work if my risk-reward ratio is very good and I am confident that my system is very profitable, so even some of the bigger stop outs won't hurt me, and i have extreme discipline to close manually?)

  • @goldtradingsignal8
    @goldtradingsignal8 11 месяцев назад

    Must of people getting confused from lots and pips. First of all you have to check your lot size. And your entry price position. To get your stop SL ,/ tip

  • @evekim2018
    @evekim2018 3 года назад

    How do we get you to number 2 best trading coach. If only I can have your brains of understanding and teaching .

  • @SHUWA04
    @SHUWA04 10 месяцев назад

    I'm just a new comer to field of Forex and I thank God for showing me this great mentor and and his superfurious channel may God make you greater always among traders. Thanks for your help sir @nigeria

  • @ISRAEL-u6x
    @ISRAEL-u6x 2 года назад

    Thanks you finally
    Others don't know how to explain well as you did in the vid
    Thanks again

  • @mirbond8018
    @mirbond8018 3 года назад +2

    Was waiting for such topic.

  • @MsKGwisely
    @MsKGwisely 23 дня назад

    very clearly said, thank you

  • @Nevan1710
    @Nevan1710 Год назад

    Thanks to you i now understand and have no confusion. 🙏

  • @Banksfx
    @Banksfx 3 года назад +2

    Thanks for the video sir, your videos are always on point🤗

  • @tony_uel3955
    @tony_uel3955 Год назад

    I have been searching all day to understand this thank you so much you are a awesome person to explain this so simply god bless you and thank you>

  • @kevantefrancis6157
    @kevantefrancis6157 3 года назад

    Keep making great stuff bro🙋🏽‍♂️💹

  • @davesmith5939
    @davesmith5939 2 года назад

    4:30 - umm, too large a stop loss* and $10 * 100 = $1000. So he doesn't have enough in his account, the lowest he could stop loss is $1 and that would lose all $100.

  • @danielsankaran2094
    @danielsankaran2094 3 года назад +2

    i have watched Forex Trading presentations in many other RUclips sites.Your presentation is very clear and easy to grasp.
    Thank You very much.GOD BLESS

    • @celiasennon1494
      @celiasennon1494 3 года назад

      His program is even better. I think he was born to do this. And I am not kidding.

  • @koriia
    @koriia 10 месяцев назад

    Having hard time understanding 3:05, if 10,000 units = 1$ per pip and he wants to risk 5p which translates to 10$. How can he purchase with 20,000 units with 2$ per pip?
    Or does it really mean 20,000 units = 2$ for 5 pips which equals to 10$? I guess i'm just confused on if the "per pip" really means 1 pip from 5 pip or "per pip" = however many pips you're risking?
    In my beginner head, I was thinking he needed 100,000 units = 10$ to make this trade.

  • @YouTubelistaddict
    @YouTubelistaddict 2 года назад

    Thanks man your explanation is simply and much easier to understand 🙏🙏

  • @FahmiEshaq
    @FahmiEshaq 2 года назад +1

    Well explained. Now I get it

  • @charlieave2315
    @charlieave2315 Год назад

    That's exactly what I'm feeling!

  • @imroyal8475
    @imroyal8475 2 года назад

    I’m so glad u show me this this is very useful

  • @zuberytragelaphus4640
    @zuberytragelaphus4640 3 года назад +1

    sorry can u provide for us a proper brief of app in items of user interface
    (UI) in short to understand an app or a platform in general how it work include user interface

  • @zachnyatela3295
    @zachnyatela3295 Год назад

    This is great !💪👍

  • @josephthurston3308
    @josephthurston3308 Год назад

    Very well explained thank you

  • @darrenwatters3511
    @darrenwatters3511 24 дня назад

    What if you are not doing a stop/loss but are stopping your transactions manually? how does that effect your math?

  • @jasmine-y5t
    @jasmine-y5t 2 года назад

    Still don’t understand the leveraging I gave up trading for a while but I’m trying to get into it again

  • @jaysenadams5323
    @jaysenadams5323 3 года назад +3

    Do a video on pip value on gold and indices etc

  • @stephenmaginn7247
    @stephenmaginn7247 3 года назад

    My name is Stephen as well ur a good teacher

  • @mrca9344
    @mrca9344 Год назад

    Tbh, the video confuses the hell out of me. I tried to work this out as an equation and ended up with this. If wrong, please let me know. Oddly, it seems that the leverage being used doesn't really matter.
    Risk% = % of equity to risk per trade
    $Equity = margin, non-leverage capital
    SL-pips = stop-loss in pips
    (1/10k) = fractional version of one pip
    [(Risk% x $Equity) / SL-pips] / (1/10k) = Trade size --> First example: [(2% x $100) / 5] / (1/10k) = $4k position size

  • @myinsurancetalk8475
    @myinsurancetalk8475 18 дней назад

    Sorry to ask this, I just want to get cleared. The higher the time frame, the safest it gets? I literally having a $100 only in my account and I am not able to make a trade due to not enough money on my account. Can you tell me what exactly the leverage and lot I need to set ?

  • @geneshen6405
    @geneshen6405 3 года назад +8

    "Watch it 2-3 times and you'll get it" Sir, you underestimate how slow I am when it comes to math.

    • @messenger1556
      @messenger1556 3 года назад

      Haha me too, but keep at it you'll get it all! good luck

  • @ugommaokorie1660
    @ugommaokorie1660 2 года назад +3

    Thank you so much -this was extremely helpful!

  • @supermodeljaz6829
    @supermodeljaz6829 3 месяца назад

    I striving to grasp this concept when I’m putting in pending orders…the order didn’t yet trigger so why is my margin effected?

  • @rikirex2162
    @rikirex2162 2 года назад

    I got sea sick already...eToro gives the choice of leverages ,which I can not find on other platforms...I should be allowed to put 1:1 on all my trading and look at it in the presetted currency...but no...things have to be complicated so many will get penalized...

  • @adrianpielin5715
    @adrianpielin5715 3 года назад +2

    Can you do a video about MACD STRATEGY, or maybe you dont use it?

  • @RiskyDayTrades
    @RiskyDayTrades Год назад

    I just don’t understand why do you have to wait when you buy an order then wait until the pips go down???

  • @huguettebongo5162
    @huguettebongo5162 2 года назад

    Thank you so much 😊

  • @cyklop99
    @cyklop99 3 года назад +1

    What sites are you guys using in the US for leverage trading? I can't really find any

  • @timjackson5358
    @timjackson5358 3 года назад

    Thanks so much for your videos

  • @mrs.bigshot4488
    @mrs.bigshot4488 3 года назад +1

    Well done😇

  • @samippuri5473
    @samippuri5473 3 года назад +2

    Hi Steven. Do you also provide signals in your training program ?

    • @kellyandrew4176
      @kellyandrew4176 3 года назад

      Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most.
      (harrydonald364@gmail..com)

  • @tradingbest-nq7fy
    @tradingbest-nq7fy 2 года назад

    how to trade perfect timing . i am not catch out my perfect timing ???????????

  • @DJMadVibes1
    @DJMadVibes1 2 года назад

    I owe TD Ameritrade 10k as of today, because I didn't do enough research. And was margin trading thinking I had the funds to do so. Not selling off my shares yet, go for broke!

    • @reejay2098
      @reejay2098 2 года назад

      What was your initial investment?

  • @Asim_Rehman
    @Asim_Rehman Год назад

    Sir if your videos have subtitles it would be very good for us

  • @revarobinson1788
    @revarobinson1788 Год назад

    well explained thanks

  • @masekelamolepo8145
    @masekelamolepo8145 3 года назад

    critcal video! thanks steve

  • @PhilzuLost
    @PhilzuLost 10 месяцев назад

    My problem is i trade ICT silver bullet and it wont work in 4h chart thats why i am in 1m or 5 min chart

  • @DesmondImuentinyan
    @DesmondImuentinyan 4 месяца назад

    Please sir if your buying power got finished those that means you can't trade at all

  • @bigruffkoin3962
    @bigruffkoin3962 3 года назад

    Nice video thanks very much

  • @robbyzoom5453
    @robbyzoom5453 Год назад +3

    complicated explanation...

  • @silkroad1201
    @silkroad1201 Год назад

    With my broker, I can't place any order over .02 lots without it immediately running out of margin and closing the order
    (it's a 100 dollar account)

  • @Reactions793
    @Reactions793 2 года назад

    so does this mean we have to up our leverage to have more buying power?

  • @leangelino
    @leangelino 2 года назад +1

    Dude! First of all BiG Thanks for the amazing content you are providing for free! It's amazing. I am learning a lot really fast.
    So here is the thing... At 13:08 minutes you are giving the example of having $100 in the account with 100:1 leverage which gives us 10.000 buying power which means 1 mini lote. Then we want to place a trade with a 50 pip loss with $10 risk. So, how much it cost a pip ? 0.20 cent .
    How many units we will need to place this trade?
    $10 / 50 pip = 0,20 cent x 10000 mini lot = 2000 units.
    Why then u are talking about a micro lot ?
    $10 / 50 pip = 0,20 cents x 1000 micro lot = 200 units.
    What am I missing ?
    I will appreciate your answer.
    See u!
    Leandro.

    • @naithspader5900
      @naithspader5900 2 года назад +2

      1 standard lot =100,000 units= 10pips
      1 mini lot= 10,000 units = 1pip
      1 micro lot= 1000 units = 0.1pip
      For $100 with 100:1 leverage= 10,000 unit (mini lot)
      10/50=0.2 cents
      0.1 cents =1000 units
      0.2 cents=1000*2= 2000 units
      We have used 2000 units in our trade, and we had 10,000 units before the trade.
      Units left= 10,000-2000 units= 8000 units

    • @messiah-tate
      @messiah-tate Год назад

      @@naithspader5900 why do u times 1000 by 2?

  • @mhlengisphesihleprince9117
    @mhlengisphesihleprince9117 3 года назад

    hey man can you please make a video on indices calculations
    Like your work by the way

  • @xitivisontete2939
    @xitivisontete2939 3 года назад +3

    I don't know if I'm just stupid or what.. Because this concept is always confusing me.. 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️
    I seriously need help here

  • @cryptosky4823
    @cryptosky4823 2 года назад

    If I can't buy with not enough funds why i can sell explain please

  • @oratilebogatsu5962
    @oratilebogatsu5962 Год назад

    God bless you 🙏

  • @CHETAN1
    @CHETAN1 Год назад

    Is this case applicable on broekrs like oanda where it is not compulsory to trade in lots?

  • @AJ-rb6fn
    @AJ-rb6fn 3 года назад +2

    Hello Mr. Steve, thanks alot for all your quality work. Please I would still be grateful for that backtesting Spreadsheet you promised on your video to send sometime ago. The spreadsheet would really help in safe practice. I sent an email to "support". Thanks once more.

  • @iris_slim1897
    @iris_slim1897 2 года назад

    made it to the end

  • @jamalifehelpersglobal5697
    @jamalifehelpersglobal5697 3 года назад +1

    I came in first today😋
    Nice one Boss🙌🏼

  • @el.baderthegainer2238
    @el.baderthegainer2238 3 года назад +1

    I always trade with x300 and i invest 50 dollars and leave the deal for one day or less than a day then i took my profits

  • @arznoild2449
    @arznoild2449 3 года назад +1

    Coach. Have anyone ever told you that you kinda look like Thor in the infinity war?

  • @andresrojas2731
    @andresrojas2731 Год назад +1

    Question: Does it mean that if I lose more pips than the units that I have available for each Lot, will the trade stop before we can even get to the risked amount?

    • @naturesmusic5926
      @naturesmusic5926 Год назад

      Wanna ask the question ❓❓ do u know the answer

  • @gus8310
    @gus8310 3 года назад

    does he have a video where he explains this with stocks and not fx?

  • @olisaoliver3985
    @olisaoliver3985 3 года назад

    Thanks so much boss

  • @janiceledbetter2656
    @janiceledbetter2656 2 года назад

    For the first trade you explained would it work with a 10 pip stop loss on $10 or would you need to change the risk to $5