This IS WHY Most BEGINNERS Lose Their ACCOUNTS (What Is Leverage?)

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  • Опубликовано: 31 мар 2020
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Комментарии • 1,1 тыс.

  • @thetradingchannel
    @thetradingchannel  2 года назад +90

    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.
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    • @thehoodshooter1985
      @thehoodshooter1985 2 года назад

      I've just kind of started out long term does the same apply ? Because I wanted to get some leverage today but I came here first 😁 but I plan to hold my shares for mid- long term

    • @mx5058
      @mx5058 2 года назад

      Thank you for this important and useful information TTC

    • @michealmgpsaints4184
      @michealmgpsaints4184 2 года назад

      hello Boss, without leverage it would be hard to start trading for many of us with $100 account ..
      nice teaching

    • @amarachipeter1455
      @amarachipeter1455 2 года назад

      Hello Mr Steven, May I asked.... Is this principles applicable to crypto forex trading like, BTC/USD instead of EURO/USD?

    • @alexr.6379
      @alexr.6379 Год назад +1

      Does this 👉Formula👈 that u are explaining, can it be used for bitcoin leverage or would it be a different Formula?

  • @akiman712
    @akiman712 3 года назад +1436

    My mans started out simple and cute with house and gardens....things escalated really quick to Einstein equations. I was like wait what?

    • @KingThabiso
      @KingThabiso 3 года назад +78

      🤣🤣🤣🤣🤣🤣straight PhD level bro.

    • @Innocentstuff
      @Innocentstuff 3 года назад +39

      Mini lot of 0.1, 1 dollar per pip

    • @BrandonCBaldwin
      @BrandonCBaldwin 3 года назад +51

      I thought I was the only one

    • @anjanaokwuma9128
      @anjanaokwuma9128 3 года назад +60

      I’m glad I’m not the only one. Watching for the 3rd time in a row

    • @tantan9035
      @tantan9035 3 года назад +6

      A very High quality knowledge
      is Hidden in the SQB-AMAC strategy !!
      This course opens your eyes to the trading world! After you finish the course you will view the charts completely different. You will understand how the big guys (banks,institutions etc.) trade!
      Besides the quality of the course, the community is very helpful, everybody helps reaching your goals. You can say this is THE ONE when it comes to courses.
      Do not doubt this course and just do it!
      Happy trading friends .

  • @cromagsdc
    @cromagsdc 2 года назад +81

    My favorite math teacher told me once that math isn’t difficult, is just taught and explained wrong.
    That’s why most people get confused and hate it.

    • @jeffb6276
      @jeffb6276 2 года назад +9

      It's taught wrong so people don't see behind the curtain. Math was discovered for good but ultimately used to enslave the people. From pyramids to current economies: 2-3= you owe me.

    • @frankwilson5290
      @frankwilson5290 2 года назад

      @@jeffb6276 touché lol

    • @adj33
      @adj33 2 года назад +1

      @@jeffb6276 Same can be said about internet as well and many other things. It's a tool and the one who corrupts it is a human being. The problem lies within us.

    • @Juppie902
      @Juppie902 2 года назад

      @@jeffb6276 On the pyramid of evil, where math is ranked #1, language is ranked #2, because its abused by corporates to avoid telling the truth, and in general by evil people to obfuscate whatever information they want.

    • @johnjerry9442
      @johnjerry9442 2 года назад

      He lied to you bro

  • @andrenonso9842
    @andrenonso9842 3 года назад +23

    This is the best explanation online of what leverage is and how it actually works.

  • @christopherdomini1624
    @christopherdomini1624 3 года назад +7

    First time I learned leverage this way. All I've been hearing so far is that leverage let's you multiply your profits and loss by X size! Never tough about seeing it this way! Thank you.

  • @paulussantosowidjaja93
    @paulussantosowidjaja93 3 года назад +8

    Thank you for a very clear explanation on this subject: Leverage, a double edge sort of weapon.

  • @jahskido06
    @jahskido06 3 года назад +12

    Thanks i found this video useful! Already learned this knowledge elsewhere, just helps to reinforce cement the concept. I like your whiteboard, it does great for illustrating concepts. New for me was Leverage = More trades.

  • @nikita7033
    @nikita7033 3 года назад +479

    So basically leverage is like a shortcut to blowing your account and at the same time a shortcut to higher profit. High risk high return :)

    • @MrOrangeTurd
      @MrOrangeTurd 3 года назад +58

      That's why he mentioned "stop loss"

    • @ahmadfaisal9691
      @ahmadfaisal9691 3 года назад +52

      Look further. If u implement strict money management, u wont blow ur account easily. Good trading rule will not risk more than 1-2% of ur account per trade. So if u are wrong 50-100x consecutively, only then u will blow ur account.

    • @ic3wolf988
      @ic3wolf988 3 года назад

      @Amarok What? it isn't...

    • @ic3wolf988
      @ic3wolf988 3 года назад +4

      @Amarok Okay but why? I am just starting with leverage stocks and so far it looks good and if it goes down just Hold it till it goes up boom easy money

    • @ic3wolf988
      @ic3wolf988 3 года назад

      @Amarok Oh ok that's good to know but I am anyway not doing leverage 1:100 or higher..

  • @eldorbekisakov
    @eldorbekisakov 2 года назад +4

    ive watched basically all videos about leverage but did not get the meaning unless i watched this understandable video. Thank you so much man for your hard work

  • @danyz82
    @danyz82 3 года назад +145

    So basically instead of using leverage to magnify your rewards and risks, you can use leverage to decrease your position size and keep rewards and risks to a minimum, which also gives you the chance to trade multiple lots instead of just 1. In the example he shows, with a margin of 1000$ and no leverage, you can only afford 1 micro lot while while with a leverage of 50:1 you could buy 50 micro lots (assuming that the risk management is kept at 1% of margin at all time).
    Now it's clear why experienced traders can use leverage to maximise profit while limiting losses through experience and skill, while beginners should use leverage to trade with smaller positions and to automatically minimise losses.

    • @yohex5962
      @yohex5962 Год назад +10

      Wow you learned that fast I'm still about confused

    • @doge2themoon373
      @doge2themoon373 Год назад +2

      this is exactly the way

    • @jonathanpretorius323
      @jonathanpretorius323 Год назад +1

      Bros smart

    • @judithjumwa3673
      @judithjumwa3673 11 месяцев назад +1

      Thank you

    • @financial3836
      @financial3836 11 месяцев назад

      I think your last sentence is wrong but everything else is correct. The risk management while using leverage is not just for beginners, but is the foundation for experienced traders also.

  • @krazywally5685
    @krazywally5685 3 года назад +9

    Well explained, this is probably the most difficult concept for beginners to grasp

  • @EmekaAmuta
    @EmekaAmuta 3 года назад +51

    One of the best things you did to help me understand leverage was when you said to watch this video one more time. I did and made notes, and now it's way more clear to me. Thanks a lot

    • @arusimmuoo2963
      @arusimmuoo2963 2 года назад

      Bros how the leverage do you las las?

  • @awaisafridiyt7736
    @awaisafridiyt7736 3 года назад +76

    Whatever he explained it, its really good stuff to learn. Love it. Much appreciated. I will watch it over and over untill I understand it. Becasue this is the most extensive explanation on leverage.

  • @DrunkElitePeachLteds
    @DrunkElitePeachLteds 2 года назад +63

    I just wanna say your a very kind hearted person who I can tell just wants to be able to help others, you’re a great teacher. The only part of the beginner guide on forex was leverage I was kicking my self in the face cause I watched it like 10 times just that part alone and couldn’t grasp how you came up with your stop loss but I stumbled on this video and was insanely relieved, you’re a great dude keep it up

  • @milliardeugene4002
    @milliardeugene4002 4 года назад +14

    Hi, off all the trade or traders that I see on the youtube your are the only one I think that has explained the leverage bit by bit. Thanks man I see now why I was blowing my accounts. Thank you so much

    • @Bigboss-fl3yk
      @Bigboss-fl3yk 3 года назад

      You blowed your account because your lot sizes was too high

  • @vincentella2592
    @vincentella2592 3 года назад +3

    I just started in Forex with 3 months background in stocks...I appreciate your awesome teachings and easy to understand explanation's WHAT A RELIEF! thank you and keep up your good work, THANK YOU!

  • @ronthompson5474
    @ronthompson5474 3 года назад +13

    You're Goated for this one. Honestly the best explanation that I have ran across so far!

    • @EkereteMoses
      @EkereteMoses 3 года назад

      this is very true. As i was listening i was thinking about my loses and how i was able to only open about 5 positions on a 500:1 leverage been taking too much risk. am still gonna take it anyway but will try proper risk management for loses

  • @danyz82
    @danyz82 3 года назад +17

    I can't believe I had to watch 10 videos before finding one in plain English and with actual examples and numbers. I'll definitely need to watch it a second time but I'm sure I'll get it 100% after that. Liked and subscribed.

  • @kyoshingo
    @kyoshingo 3 года назад +5

    I finally feel I have an understanding of Forex leverage. This is the clearest and most concise explanation I’ve heard. Thank you for sharing your insight.

  • @jopie992
    @jopie992 3 года назад

    Thank you very much for this explanation! This helps a lot.

  • @mohammedameercharfaray8669
    @mohammedameercharfaray8669 Год назад +2

    This was one of the best explanations for leverage I've seen, great video

  • @terrysmith9478
    @terrysmith9478 3 года назад +6

    Man you can be a serious teacher 🙌🏻

  • @JmanBC
    @JmanBC 2 года назад +10

    One of my fav videos, wish I saw this a few months ago before I went 3:1 on my full balance. Didn't lose it all, but it hurt. Knowing this, now I'll use it correctly.

  • @joaquinfrancis215
    @joaquinfrancis215 Год назад

    Best video on risk management out here. Thank you, this really cleared things up.

  • @wildsidemtl
    @wildsidemtl 3 года назад

    Finally some clear explanation 🙌🏼 thank you!

  • @10001willy
    @10001willy 2 года назад +3

    Thank you so much for uploading this video. I had completely misunderstood the point of leverage. I understood the very basic definition and use of leverage, but it was also the wrong way to utilize leverage. I had to go back and forth between this video and the video relating to margin and margin call. I understood the basics of this video but couldn't relate it to margin, now I understand margin and how it relates to leverage

  • @Arshia545
    @Arshia545 3 года назад +9

    Thank you for uploading this video. I'm starting to get to know the leverage, pip and margin much better now.

  • @kdmatrixf4x156
    @kdmatrixf4x156 4 года назад +1

    Thanks I have watched other videos, this one was explained a lot better thanks

  • @leonardlazard8372
    @leonardlazard8372 2 года назад +1

    Thank you for creating this video for beginners explaining in detail the correct use of leverage. I am a beginner and wish to tread carefully at the beginning and wish to trade in the beginning without the use of leverage.
    Kindly assist me on how to place an order without the use of leverage.

  • @tonyr7502
    @tonyr7502 3 года назад +26

    You broke this down so well! Lol I understand now I’d been using poor risk management...if I been using risk management at all 😩

    • @ch1bob
      @ch1bob 2 года назад

      What should i choose
      For
      Leverage with 300 deposit

    • @user-uk4ky1ks2s
      @user-uk4ky1ks2s 2 года назад

      @@ch1bob 5x

  • @umarmuhsin7645
    @umarmuhsin7645 2 года назад +32

    Started trading with 1:3000 leverage as a beginner. Never seen 200 dollars gone by so fast.

    • @MutaleM
      @MutaleM 2 года назад +2

      That's insane!! Which broker allowed you to use this kind of leverage?

    • @Mahmoud-cn8ws
      @Mahmoud-cn8ws 2 года назад +1

      Fbs zero spread account allows that its regulated just forex also allows it but isn't regulated

    • @vaughnreedjr6592
      @vaughnreedjr6592 2 года назад

      @@rileygshep7606 regulations brokerage you can't make good profit.
      America Forex brokerage not good at all.

  • @fernandounrau3759
    @fernandounrau3759 3 года назад +1

    Thank you so much for this info. I finally see the risky details

  • @DreamyCPT
    @DreamyCPT 3 года назад +1

    Best free content I came across, you explain shvt brilliantly.

  • @MajidSaeedAkbar
    @MajidSaeedAkbar 3 года назад +3

    Thanks for this incredible video. Can you please explain about the fees and comissions as well that exchange charge us if we keep our position open for long time? what that fee is? is that interest ammount on funds?

  • @lubabalomase3308
    @lubabalomase3308 3 года назад +4

    Thanks for making me to understand what almost made me to quit thinking I was not intelligent enough to grasp .I would like to be part of the mentorship program so how do I go about that?

  • @taija5623
    @taija5623 4 месяца назад

    As a beginner and going through 15 videos prior to this one. This is the only one that made it crystal clear. Thank you

  • @JoeHendersonOfficial
    @JoeHendersonOfficial 11 месяцев назад

    i’ve been watching a lot of videos on this topic and this one hit the spot!! great video!!!

  • @christopheranderson9307
    @christopheranderson9307 3 года назад +77

    This was a MAJOR 🔑 I had to rewatch around 16 or so mins but I definitely get it. This was very detailed. I will be returning to this for more notes 🙏🏾 thank you sir

    • @GyaluelJr
      @GyaluelJr 3 года назад

      What leverage do you use 1.50?

  • @marshallcolin71
    @marshallcolin71 Год назад +8

    Thanks so much for breaking down the math! I'm going to rewatch this a couple of times and do the math my own. Once I can do the math by myself without thinking, I'll start experimenting with leverage in real-time.

  • @Musclemilk0075
    @Musclemilk0075 3 года назад +1

    I really like this guy, great content. Thanks for all u show us!!

  • @spaceafb
    @spaceafb 2 года назад

    This actually madde mee understand leverage deeply after over a year of shallow understanding ... Big thanks man

  • @debizzle3
    @debizzle3 3 года назад +5

    Holy shit this is powerful!!! First vid i seen actually explain it properly!!! you got a sub!!!!

  • @mooner4724
    @mooner4724 Год назад +17

    I understand completely.
    Instead of risking your whole account ( $100 for example ) with 50×; do $1 with 50×.
    It's not about doubling your whole account value, but proper risk management

  • @marlondavidcardonapaniagua6407
    @marlondavidcardonapaniagua6407 2 года назад

    Brother.
    just wanted to say thanks because this will not only help me but many others to avoid loses and to increase the amount of trades on which we can be on with a small amount of money.

  • @EkereteMoses
    @EkereteMoses 3 года назад

    thanks for the explaination .it was very helpful. now i know why am only able to open just 5 positions at a time

  • @markstevenson8209
    @markstevenson8209 4 года назад +4

    This was absolutely the best explanation of using leverage I have seen, thanks this really helps
    make it all clear.

  • @apocalatte3075
    @apocalatte3075 3 года назад +10

    Thank you! That makes so much more sense now. I still like the 1:1 scenario without leverage at this stage. But when I’m more confident, I’ll probably watch this again.

  • @geoffg6847
    @geoffg6847 3 года назад +1

    Ty you just maybe the best content creator on this subjectnim new but thanks to your teaching and advice so far I'm getting it and I have carefully picked my spots to get in. Keep up the great work and THANK YOU....

  • @chrishahe5186
    @chrishahe5186 Год назад

    Bro this video was SO SIMPLE AND EASY TO UNDERSTAND THANK YOU. lol I knew I was doing something right when I answered all the equations correctly

  • @octoii2418
    @octoii2418 2 года назад +21

    leverage is a double edged sword tbh, it took me watching this video 3 times for me to finally understand leverage, this channel has been amazing thus far with the videos I've already watched.

  • @derekcastle2756
    @derekcastle2756 Год назад +1

    Most useful trading video I have ever seen! I watched like 4 times but I understood everything, thank you so much!!

  • @stevemc1790
    @stevemc1790 Год назад

    This is my favorite leverage explanation so far

  • @vladn7167
    @vladn7167 2 года назад +10

    Who knows dexs with leverage other than WOWswap and dydx? Just want to try something new, compare functionality.

    • @user-ng7qj7pk2h
      @user-ng7qj7pk2h 2 года назад

      I found wowswap six months ago
      I liked the fact that I could get high returns without placing my crypto in liquidity pools and without fear of Impermanent Loss

  • @ajk4270
    @ajk4270 Год назад +13

    Thank you! I started on a platform, not knowing what this margin stuff was. And I lost 30k$ of my savings to this leverage mechanics. Stocks were dipping, but rose again after some periods, and I was willing to wait. But because of the margin call, my shares got canceled, and I couldnt survive the dip. Now I know how to invest in my beginner phase.

  • @michaelmaglis2470
    @michaelmaglis2470 Год назад

    Thanks so much legend. Watched it like 5 times haha but now I finally have a decent understanding of it. You're a great teacher and dude ! thanks mate

  • @dorathylove7189
    @dorathylove7189 3 года назад +2

    Thank you so much for this video.❤ Now I understand what leverage means. Watched it twice thought it was kind of confusing at first.
    You've just earned a new subscriber.💙

  • @mikesnyder815
    @mikesnyder815 4 года назад +44

    Interesting and seems very detailed which I appreciate, but I got a little lost once you started talking about only risking $10 but then losing $20.

    • @HossamKandil
      @HossamKandil 4 года назад +12

      the 20$ is not related to the 10$ , the 20$ is related to the 1::50 leverage (20*50=1000) and the 10$ is related to the stop loss level which is 100 pips i.e. we go out if our loss reach 10$

    • @iamOAKland
      @iamOAKland 4 года назад +5

      Hossam Kandil uhh I gotta watch it again... thanks for explaining but I’m lost

    • @Fertep
      @Fertep 3 года назад +3

      @@HossamKandil but as you have a leverage of 1:50 each PiP move is 5 dolars. So if your 1% is 10usd then you only have 2 pips so it to be at stop loss? Thats were am confuse. With leverage, PIP vale changes so the pip vale of 0.1 is when you have a micro lot without leverage. Am confuse there

    • @techlos1
      @techlos1 3 года назад +11

      @@Fertep Think it depends on how much money is in your account, to buy one LOT (size) with a 50:1 leverage, you would need $2000 in the account, which each pip would be $10, so a gain of 10pips would get you $100 profit - commission. If you have $200 in your account, you wouldn't be able to buy one LOT with the 50:1 leverage, you could however buy 0.05 (size), which would be $1 per pip, so a gain of 10pips would be a profit $10 - commission. A 50:1 leverage vs 500:1 reduces your risk for the times when you lose a trade, losing some trades is inevitable, so you lose less money if you manage your stop loss effectively. With a 500:1 leverage you can literally blow a $200 account after a few bad trades. With a 50:1 if you practice good chart analysis, most times if and when you make a bad trade, you shouldn't be losing more than $5 on a single trade unless you set your stop loss way out and the market doesn't end up going in your favor.

    • @zuzanamrazova899
      @zuzanamrazova899 3 года назад

      So let me shortly summarize the six months I’ve spent in the SQB -AMAC . I need to confess that I didn’t expect that it will take so much time to get to know this part, but that’s reality. There has been a lot of material prepared to cover all aspects. Then you need to look into and reset your old habits, and spend many hours studying to acknowledge it all. But then, finally you have your 'aha moment and click' and you start to understand what’s going on. Chart starts to speak in a language you and those who are moving the market knows. This is priceless! Definitely I can confirm today that it was a very important decision I made to take a part in this project and I can recommend it to anyone who think seriously about trading! Yuril zubong will change your life

  • @cryptofoodie76
    @cryptofoodie76 2 года назад +4

    In the beginning I lost a lot of money with leverage, but because I just began and wanted to earn money easily..... but lesson learned now! Thanks for this wonderful video!

  • @alnajirlani8785
    @alnajirlani8785 Год назад

    I'm new in this industry and wanted to be in the online trade soon once I get my laptop and capital. Through this video what I learned before investing your money, studying the margin $ risk management is a must before doing the trade. In real life by applying the margin in every decesion margin is your protection. With that being said the risk your taking is less basically your doing it right. New subscriber here.

  • @twoflats6897
    @twoflats6897 Год назад

    I can always count on your channel bro. My friend finally got me to go the forex route some I’m educating myself.

  • @primeview921
    @primeview921 3 года назад +8

    Good day Steve. I have been following your tutorials here on RUclips and it has been heavily helpful. In fact, my just concluded strategy was built based on what I learned from you and from my test results, it has about 80% reliability. However, I have an issue trying to execute risk management on demo. After calculating the lot size, I find it difficult to place the stop loss on the chart. The chart doesn't agree with it. It reduces the pips from what I calculated. I need you help with this. Thank you.

    • @devngecu
      @devngecu 2 года назад

      Hi.Could you share this strategy please

    • @DmentorIsmail
      @DmentorIsmail 2 года назад

      What you need to know is your margin call is increased also at 1:1 which is super dangerous and annoying - the higher your leverage, the lower your margin cal in percentage and vice versa

  • @paulalonso2212
    @paulalonso2212 11 месяцев назад +2

    To anyone reading this, remember Rome
    wasn't built in a day. your hard work will pay
    off

  • @esthersangolo5981
    @esthersangolo5981 2 года назад

    I really like your channel you explain so well .. I understand your explanation way better than other RUclipsrs

  • @slamina12
    @slamina12 3 года назад +2

    I must say I’m very impressed with your teaching abilities I’m on old guy you make it easier to understand thank you!

    • @slamina12
      @slamina12 3 года назад

      Yes I do need help!

    • @slamina12
      @slamina12 3 года назад

      @@cleopatrajames6522 yes

  • @nkazimulobuthelezi3351
    @nkazimulobuthelezi3351 3 года назад +20

    The truth is, if you haven't been blowing Accounts , this video will not make any sense to you. Ill never fail again to apply proper risk management Thanks a Lot Man, this what I exactly needed to boost my trading experience.

  • @masekelamolepo8145
    @masekelamolepo8145 3 года назад +12

    It took me 4 hours to watch this 24min video not because of internet connection but because of taking notes and more notes and allowing my brain to comprehend all this knowledge !!!

    • @lucasnyeinchan399
      @lucasnyeinchan399 3 года назад

      exactly, i've been watching three times already and on going

  • @abcsolution
    @abcsolution 4 года назад

    Very good, thank you so much !

  • @hubertrichardo4792
    @hubertrichardo4792 3 года назад +1

    This is really useful thanks for this really appreciate this lesson.

  • @najazz82
    @najazz82 3 года назад +5

    Nailed it on the explanation...best so far but I still stick to 1;400 coz thats how I make crazy money but at times takes losses and move on.

    • @tonyvu2011
      @tonyvu2011 3 года назад

      Geeezzz...I already feel it's too risky at 1:20 that gives me only 5% cushion, 1:400 gives almost no protection against capital loss at 0.25%

  • @freshfingersff
    @freshfingersff 3 года назад +6

    He’s good . Cameroon 🇨🇲 approves

  • @wilsonborges5047
    @wilsonborges5047 2 года назад

    You are simplest the best... I don’t get tired watching you...

  • @mohammedfarah9158
    @mohammedfarah9158 3 года назад

    Thanks man you really cleared everything for me 👍

  • @MPlain
    @MPlain 4 года назад +6

    1 : 10 or 20 is a good first trade. testing the waters. If you are wrong then minimal loss. Have a double up point. Where that is depends on trader and move expected. One bar closed in your direction on a 5 min time frame is common. 15 more so. Double up at cost X 2 is also quite common. Basically....you are making an additional confirmation happen before you put in bigger amounts. common first trade for me is 1 to 2 % and that gets cranked up to 5 or sometimes 10. I don't do flat leverage...i do % of account risked. value of 1 pip is everything. How many pips am i willing to lose before i close my trade for a loss? % risk / stop loss pips = 1 pip value. taking that and converting it to lots is not that hard. So yes....if my SL is 50 and my risk is 5% then i need to make 50 plus costs to make 5%.

  • @septemberdreamer2651
    @septemberdreamer2651 3 года назад +4

    lol i was watching the full course version, i got to the leverage part and got a lil confused so i searched for other leverage youtube videos, and none of them explained it as well as this one... but this is the same one thats in the full course lmao. i guess i just needed to hear it again lmao

    • @nofap9596
      @nofap9596 3 года назад +1

      bruhhh. i feel like you just described my situation.

  • @simonbirley4421
    @simonbirley4421 4 года назад +1

    Very well explained.Thanks!

  • @rely7318
    @rely7318 2 года назад

    Definitely will watch this again, i'm new to trading this really helps. Searching so many times about leverage but your video is so enlightening on the topic of leverage. Thank u.
    A retired man from Philippines...

  • @benaflock9943
    @benaflock9943 3 года назад +7

    I have noted when telling friends of my profitable trades, I started loosing on the next trades, it's like I am giving my trading powers away when I speak about it. But when I don't talk about it, it seems to keep me more focused on what I am doing. And not the perceived expectations I need to achieve.

    • @akiman712
      @akiman712 3 года назад +2

      Yeah they sint really your friends..they have bad energy

  • @KolawoleFalodun
    @KolawoleFalodun 3 года назад +4

    Can't stop the feeling, so just dance dance dance

  • @JohnR-fj2iw
    @JohnR-fj2iw 3 года назад

    Love it man, learned a lot

  • @user-di7ry9ok6l
    @user-di7ry9ok6l 10 месяцев назад

    These two videos of yours i just watched changed my entire perspective of investing.
    Highly important
    Thank you

  • @andreilazovik5236
    @andreilazovik5236 2 года назад +8

    I inadvertently miscalculated my credit security on WOWswap, and I was liquidated(

  • @tracelorace299
    @tracelorace299 3 года назад +3

    You are an angel. Glad I watch this video before before trading. You save me from losses.

    • @Solid_Snake88
      @Solid_Snake88 3 года назад +1

      No he didn’t. Just Don’t use leverage

  • @Th3Cr3ativeM
    @Th3Cr3ativeM 3 года назад +2

    being a beginner trader you really blow up account repeatedly thank you for this information its really helpful

  • @fernandujonash9939
    @fernandujonash9939 3 года назад

    Thank you very much bro you use step by step i must understand now

  • @silvapleasure
    @silvapleasure 3 года назад +6

    Quite instructive...but then what about a $200 account...what leverage is best and how many trades can be taken at a point?

    • @jeremiah6725
      @jeremiah6725 3 года назад

      That's a lovely question,I guess you'll have to go for 1:20

  • @antoniobanclosiii7763
    @antoniobanclosiii7763 3 года назад +4

    newbie here. im guilty about using leverage in the wrong way

  • @hawkeyehowardinvesting3530
    @hawkeyehowardinvesting3530 2 года назад +1

    Excellent video for new traders!!
    Or for “old” traders that don’t know any better!!

  • @MajinXarris
    @MajinXarris 3 года назад +1

    Good stuff! Could you please reupload the links in the description? most of them seem to be dead. Cheers

  • @jonathanstephen4360
    @jonathanstephen4360 3 года назад +5

    Thank you the the knowledge, I got valued

    • @samuelraymond9187
      @samuelraymond9187 3 года назад +2

      If you are not trading with Mr Benson Phillip then i think you are deliberating pushing your lock or your not lucky enough to have heard of him, take this as a wake-up call and get in touch with him

    • @samuelraymond9187
      @samuelraymond9187 3 года назад +1

      This video is very knowledgeable no doubt

    • @hilarycousin2285
      @hilarycousin2285 3 года назад +2

      @@samuelraymond9187 what are they investing my money on? If I could get some substantial evidence my stake likely huge

    • @jonathanstephen4360
      @jonathanstephen4360 3 года назад +2

      @@hilarycousin2285knowledge is very expensive, Technology is going rampant and crypto world here we come bitcoin mining can be great but only invest in companies you truly believe in, and whose crypto experience you trust and whose bitcoin price you believe would appreciate.

    • @samuelraymond9187
      @samuelraymond9187 3 года назад +1

      @@hilarycousin2285 in as much as you wanna venture into Digital currency, some companies try to entice you with a higher bitcoin yield, but they are not necessarily good

  • @Junior-fn1ok
    @Junior-fn1ok 4 года назад +6

    Out of all the other videos, this one still fucks me up lol

  • @alanatanksley5155
    @alanatanksley5155 2 года назад +1

    Thank you for explaining. There has to be an easier way to understand all of this!

  • @aveng.b8102
    @aveng.b8102 3 года назад +1

    simple and easy explanation.. thanks so much for sharing your knowledge and guidance for begginers..

  • @silvio9589
    @silvio9589 3 года назад +8

    My man knows what
    he's talking about

  • @ahmadfaisal9691
    @ahmadfaisal9691 3 года назад +3

    i think to illustrate more accurately on your analogy is that the 20k is not a downpayment, it's a deposit. and you get it back once u decide to sell the asset

    • @alnajirlani8785
      @alnajirlani8785 Год назад

      True! I was a bit confused on the latter part of the explanation about the house. I'm getting better understanding now the trading. Margin gives you the parameter to protect your account on the activity.

  • @pioneer240.
    @pioneer240. 2 месяца назад +1

    Came here because I double my capital then over leverage and lost 80% of it… this was a great video to help me not over risk and over leverage

  • @Harune108
    @Harune108 3 года назад +2

    Very clear.. After I loss and try many trades using leverage.. That's exactly the calculation I made.. Even I use full leverage I'm just only using 5% of my account in the first place and to be more secure.. After I execute my order, I do my stop loss in place if I'm wrong.

    • @ch1bob
      @ch1bob 2 года назад

      What leverage i should go for with 300 deposit

  • @cagantunc4377
    @cagantunc4377 4 года назад +3

    Hi. First I want to thank you for all videos. I want to ask you a question. I use breakout strategy that you explained in one of your video (entry after pullback with candelstick pattern). But there will not be a pullback after some breakouts. Could you pls. give an advice for this situation? When will we enter the trade without a pullback?

    • @RealMusicOnly888
      @RealMusicOnly888 4 года назад

      What time frame do you use, when you use his strategy?

    • @cagantunc4377
      @cagantunc4377 4 года назад

      _ Ville_Mentality 1h, 4h and 1d

    • @RealMusicOnly888
      @RealMusicOnly888 4 года назад +2

      @@cagantunc4377 Personally I haven't seen/used his strategy. With higher time frames like 4hr, and 1D you can use the wicks of the candlestick. To see if price ever retraced back towards the level it broke out from.

    • @joshuakhoo2234
      @joshuakhoo2234 4 года назад

      If there are no pullbacks, then the conditions of the breakout strategies are not met. Without enough confirmation, dont enter the trade.

  • @diwasacharya1181
    @diwasacharya1181 4 года назад +8

    I have been learning Forex trade. Haven't blown account but mind has blown now.

    • @darshanpatel4963
      @darshanpatel4963 4 года назад

      diwas acharya so as I would say, have you made any profits?

    • @diwasacharya1181
      @diwasacharya1181 4 года назад +4

      Leo Ryant I am using a demo account for now. Cheers

    • @ramlaalasa7939
      @ramlaalasa7939 4 года назад +2

      Trading demo account too. Hope I will learn more

    • @darshanpatel4963
      @darshanpatel4963 4 года назад

      I advise you reach out to an expert analyst who’ll handle your trades and make profits for you...you don’t really need to start with much , with as little as $1000 you could be making $7500 a month... I could recommend

    • @darshanpatel4963
      @darshanpatel4963 4 года назад

      A live account is far more the deal but you can have an expert handle while you grasp the whole concept, it worked for me though

  • @alexz7111
    @alexz7111 3 года назад

    One of the best and easy explanation that I have watched. Nevertheless there is no need to use values in hunderds and thousends. Even there is no need to use any currency. It is enough the numbers from 1 to 10 in units/parts of something. No mather is it USD, JPY, GOLD or Crypto.

  • @sharksquid4415
    @sharksquid4415 3 года назад +1

    I am using the BabyPips Position Size Calculator its a bit more convenient and easier to use than doing math on paper or in your head also on currencies that are not with USD the pip value is different calculated, i hope this helps