Grow Your Small Trading Account (THE TRUTH)

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  • Опубликовано: 9 ноя 2024

Комментарии • 73

  • @worldchanging3965
    @worldchanging3965 Месяц назад +9

    Bro I just started to grow my account. I started it with 500 lost it all and got down to $27. I took a break for 2 months because I realized I was making stupid mistakes I started back a month ago maybe a little longer and took my account from $27 all the way up to $145. By the grace of God and sticking to my strategy.

  • @alexandergordon1189
    @alexandergordon1189 Месяц назад +7

    This part hit hard 1:20 I always tell myself to manage risk, but in the past it was hard when everyone around is preaching different. Sometimes we have to listen to ourselves. I'm glad I did. Thanks JAY WAYNE

  • @heartstrings110
    @heartstrings110 Месяц назад +7

    Jay!!! Still solid teaching. I’ll always be grateful for you. I’m a funded trader now.

  • @WaltonSparks
    @WaltonSparks Месяц назад +5

    Pips pay my bills! Love the intro song 🔥

  • @venobernos3322
    @venobernos3322 Месяц назад +6

    Bro that was great,I really need that patience to wait before entering.and if I double my account I forget to keep my rules which ends up giving the market all the hard earn money. Trading is very hard men. I have been in it for 5years and still struggling alot.
    But thanks for the update bro bless you.

  • @22jp
    @22jp Месяц назад +4

    I needed this. Thank you jay.

  • @nkululekomathebula7120
    @nkululekomathebula7120 Месяц назад +2

    I just want to thank you from south Africa since 2018 I've been watching your videos and I've learned a lot things in the market

  • @azubuikechristopher1827
    @azubuikechristopher1827 Месяц назад +5

    Drop the next video on how to make a difference from what you did as a beginner

  • @claramembreno3472
    @claramembreno3472 Месяц назад +3

    Thanks again Jay, I have learned a lot from your thought process, now from the first time in years I'm profitable for 6 months you have helped me a lot. God bless you and your family 🎉

  • @SandileAkhona
    @SandileAkhona Месяц назад +4

    Yeah Jay, that video will be great 👍 man and I think it will be helpful a lot, and for the Question. I've doubled to triple my account , and it went well at first up until I got greedy and I blew a lot of money.

  • @dong6348
    @dong6348 Месяц назад +1

    Always Great stuff! Appreciated & a starting structure video would be an really good thing because a lot of people are all over the place in the beginning

  • @juandailygaming7974
    @juandailygaming7974 Месяц назад +1

    Video was so simple to understand bro keep doing these I'm saving this video and going live with it 💯

  • @DReyWAR
    @DReyWAR Месяц назад +1

    This was a genuine video that actually made a difference in my profitability, Thank you man.

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      🙌🏼❤️🙌🏼 I love it. And thank you for supporting the videos

  • @irenemartinez724
    @irenemartinez724 Месяц назад +1

    Thank You Jay for the knowledge, always helpful and yes drop the next video please.

  • @lamewwells8946
    @lamewwells8946 Месяц назад +1

    Bro this was a very helpful vid. Always good stuff

  • @claramembreno3472
    @claramembreno3472 Месяц назад +3

    And I would love to listen how would you do different if you had to start again.

  • @lebrianpates2394
    @lebrianpates2394 Месяц назад +1

    Thank you Jay for always dropping some great knowledge. I would love to see a video of you explaining what you would do difference with the knowledge you have now when you first started, that would be great and help a lot of us to avoid the rookie mistakes that will cost us a lot of money. Thank you 🙏🏾

  • @kanocookeditup8169
    @kanocookeditup8169 Месяц назад +1

    Trade with the trend for the win

  • @azubuikechristopher1827
    @azubuikechristopher1827 Месяц назад +4

    Talk to me directly... Jay is your boy Chris

  • @riccardoholder9408
    @riccardoholder9408 Месяц назад +2

    Hey Jay, great video and nice advice, it would be great if you can do that the video about how you would start over trading with your knowledge and also a new video about forex compounding plan as well to show people how they can grow for instance, starting off $ 500 to $1000 account and show them how you can grow it for the next 3 year,

  • @banginzaza
    @banginzaza Месяц назад +1

    1:49 Facts. Just only scalp and don't hold for real. 😂

  • @spector1562
    @spector1562 Месяц назад +1

    Trend is your friend

  • @terikdawson1266
    @terikdawson1266 Месяц назад +1

    Great video

  • @CookWithStephh
    @CookWithStephh Месяц назад +2

    My issue is I keep blowing my small live account but my small demo account I grow it fast !

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад

      Join my discord and send me a message on there
      We need to talk about that. I can help you
      discord.gg/Cg2bfBbD8v

  • @911Certifiedrobertwatson
    @911Certifiedrobertwatson Месяц назад +2

    Jay Take Profit.

  • @Tr3Vip
    @Tr3Vip Месяц назад +1

    Yo I’m on this journey but what is that line in the middle where the price crosses the 50 and also what do you recommend for someone to understand more about this when they are kinda slow to understanding stuff this different and difficult ? Also does Ai work for trading . Great video 🎉

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад

      @@Tr3Vip 50-SMA
      ruclips.net/video/w14Ugl-mxZc/видео.htmlsi=mrxHOyN1o-IuXt3V
      For more help join my discord 👉 discord.gg/Cg2bfBbD8v
      I’m sure AI works but don’t know much about that

  • @Linoglobalmarkets
    @Linoglobalmarkets Месяц назад +1

    I have been trading like Jay since 2019 till today. Perfect 50 SMA strategy . Since it suits my psychology I win every time

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      🙌🏼❤️🙌🏼 good work bro

    • @Linoglobalmarkets
      @Linoglobalmarkets Месяц назад

      @JayTakeProfits I can't love you less Jay❤️.
      This is how I trade it with consistent profits .
      The 50 Simple Moving Average (SMA) is a popular strategy in Forex trading due to its:
      _Effectiveness in Identifying Trends_
      1. Smooths price fluctuations.
      2. Confirms trend direction.
      3. Provides support/resistance levels.
      _Advantages_
      1. Easy to understand, implement.
      2. Reduces market noise.
      3. Flexible (can be used with other indicators).
      4. Suitable for various time frames.
      _Why 50 SMA Specifically_
      1. Balances sensitivity, stability.
      2. Aligns with market psychology.
      3. Historically proven effectiveness.
      _Strategies Using 50 SMA_
      1. Trend following: Buy/Sell when price crosses 50 SMA.
      2. Mean reversion: Buy/Sell when price deviates from 50 SMA.
      3. Support/Resistance: Use 50 SMA as dynamic support/resistance.
      _Combining with Other Indicators_
      1. RSI (Relative Strength Index)
      2. Bollinger Bands
      3. MACD (Moving Average Convergence Divergence)
      4. Stochastic Oscillator
      _Best Practices_
      1. Use multiple time frames.
      2. Combine with fundamental analysis.
      3. Set stop-loss, take-profit levels.
      4. Monitor, adjust strategy.
      While the 50 SMA is effective, no single strategy guarantees success. Always:
      1. Backtest, validate strategies.
      2. Manage risk.
      3. Stay informed.

  • @moeusif
    @moeusif Месяц назад +1

    Hello Man you got scammers on that server on discord, lol the most hilarious conversation how these loosers try to scam people only a person who has not been watching your content or been on TTA like me would have been fooled. Anyway wish i can be in your server but its to expensive for me at this time, but love what your doing and been rocking with you for a while now.

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      @@moeusif bro I’m so tired of them. I report them constantly but these platforms don’t do anything about it. I appreciate you 🙏🏼

    • @moeusif
      @moeusif Месяц назад

      Thanks for responding man, I got 2 questions , the first one is what is your opinion on these SMC amd ICT trading strategies? The second one is how do you feel about prop firms and would you personally recommend to grow a small account or using the prop firm?
      Thanks again brother.

  • @danielkwaji651
    @danielkwaji651 Месяц назад

    Hi jay you are really the best bro your video I watch 3 years ago title in 1yr you master trading put something on my table and your 50ema is great even I'm still losing but I know why I lose I'm aggressive trader and and I trade with small account size anytime i wait for the market to give me signals i win 50% at the time, but here is my question i do tap down analysis can trust 1hr close candle and look for entry on 15m or 4hr close candle and look for entry on 1hr and how get that pips measure from entry to ls or tp in my mobile phone?
    Daniel from Nigeria Africa.

  • @DBwoyFresh
    @DBwoyFresh Месяц назад +1

    Before starting trading and after being profitable trader, I'm still passing by to get some gems from you brother, keep blessing others!

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      @@DBwoyFresh that’s love 🙌🏼❤️🙌🏼 I appreciate you brother

    • @DBwoyFresh
      @DBwoyFresh Месяц назад

      @@JayTakeProfits "They mentioned you in a stream a couple of months ago. They asked who introduced you to trading, and the streamer mentioned your name. I was like, 'Yeah, me too!' You've blessed so many, brother. You deserve your flowers🤍

  • @nyshaemccauley
    @nyshaemccauley Месяц назад +1

    ❤❤

  • @reccoanderson9618
    @reccoanderson9618 Месяц назад +1

    I can't find that indicator on trading view

  • @alanm6113
    @alanm6113 Месяц назад

    Noticed in 1 of your videos, you had a trade journal , is that something you bought or made?

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      I had made it when I was working at office max

  • @sibusisothusi2818
    @sibusisothusi2818 Месяц назад +1

    What's the name of that 50 Moving Average?

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад

      @sibusisothusi2818 50-SMA
      ruclips.net/video/w14Ugl-mxZc/видео.htmlsi=mrxHOyN1o-IuXt3V

  • @derricksmart
    @derricksmart Месяц назад +2

    Make the video

  • @tradzhouse9646
    @tradzhouse9646 Месяц назад

    'J'❕
    Jus tE make sure we on same page, 3min: $1 l0t-size basically is 1L0t($1 per pip more 0r less)?
    Been awhile since dove deep into pip-counting although know my L0ts-sizes😅
    Very great Vid for not only beginners, but also a fresh back 2 thA basics slap N da face f0r more advanced analyst hA
    Also, awaiting sum more of your music. Have you made anymore 4X tracks🎵🎶🎵

    • @tradzhouse9646
      @tradzhouse9646 Месяц назад +1

      After doin math over, believe 0.14 Lot-Size🤷

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад

      Yes that’s correct
      10 cent lot size is 0.01
      $1 lot size is 0.1
      $5 lot size is 0.5
      $10 lot size 1.0
      $15 lot size is 1.5

  • @adriantrevizo5778
    @adriantrevizo5778 Месяц назад +2

    what other brokers can I use that are not that difficult to use? @jaytakeprofit

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +2

      I use PLEXY TRADE. I really like them. Easy to use. I got tones of videos on it. But super simple
      I use Gold Raw Account 1:500 for low spreads. plexytrade.com/?t=gLEm5J&term=home

    • @adriantrevizo5778
      @adriantrevizo5778 Месяц назад +1

      @@JayTakeProfits how can I deposit? I've been trying. The cash. way?

    • @JayTakeProfits
      @JayTakeProfits  Месяц назад +1

      @@adriantrevizo5778 Hey 👋🏼
      Through Coinbase. Creat an account with Coinbase & plexy trade plexytrade.com/?t=gLEm5J&term=home
      On Coinbase website buy bitcoin, When the bitcoin has gone through the holding phase go to PLEXY TRADE and click deposit, click crypto and copy the bitcoin address on Plexy trade website & paste it in on Coinbase as you get ready to send it