How to Grow a Small Forex Account - THE COIN TOSS!

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  • Опубликовано: 26 сен 2024
  • tmafx.com
    If you have a small Forex account I want to show you how you can grow it very quickly. Everything you need to know about how to grow a small Forex account can be found in this video. Risk disclaimer.
    In this video i try trading a small forex account that has $1000 US dollars and trying to make a profit.
    Everyone want to learn how to trade a small forex account but its usually very risky and causes most people to lose money.
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Комментарии • 588

  • @manuelpsk
    @manuelpsk 2 года назад +96

    Today I learned that I should just forget all of the technical analysis stuff, sell my house and let a coin decide if I get a bigger house or be homeless from now on, thanks for the lesson Arty!

  • @trendybeemovierecap
    @trendybeemovierecap 2 года назад +65

    This clearly shows that studying all those neck and shoulder, head, and neck patterns is even not needed to grow an account, just proper money management. You have really opened my eyes today. Thanks a million

    • @user-wl4gl2in3l
      @user-wl4gl2in3l 2 года назад +3

      supply and demand, RSI and divergences, double top/Bottom, support and resistance, OB, retest and FiB retracement are enough (also indicators like SMA or BB bands)

  • @alex4212
    @alex4212 2 года назад +15

    This entry provided by the coin flip was perfect. Just like my entries , except mine are perfect entries exactly when the price starts going against me .

  • @itslike123
    @itslike123 2 года назад +22

    1 to 2 have a winrate of 33% . 2 distances toward the tp and 1 distance toward stop loss is 100/3 = 33.3%

  • @polymathengineering
    @polymathengineering 2 года назад +16

    "What is life if not a gamble" - Love what you do man, keep it up!

  • @sosyalicerikpaylasm1047
    @sosyalicerikpaylasm1047 2 года назад +20

    This looks pretty similar to my day trading strategy but I never ended up with a profit after 10 trades, let alone 5% :)

  • @AG-yc8kl
    @AG-yc8kl 2 года назад +31

    You're wrong ... It would be a win rate of 33.33% with a coin toss on that trade. The market is efficient - a risk to reward of 1:2 means the win rate to break even would be 33.33%.
    If you had a 50% win rate at 1:2 risk to reward you would be a billionaire in no time. The win rate of a 1:1 coin toss isn't the same as the win rate for a 1:2 risk to reward trade.

  • @ResponsibleForexTrading
    @ResponsibleForexTrading 2 года назад +40

    The risk management is flawed here Arty. The 10 pip SL will statistically get triggered more than your 20 pip TP. You would need the pip amount to to be the same on each side. For example, a 10 pip TP and a 10 pip SL or… a 20 pip TP and a 20 pip SL.
    With how the market functions, your 20 pip target will only have a 25% chance of success.
    Bottom line, the market always has a higher chance at hitting a 1 pip target rather than a 2 pip target. The smaller the target, the more likely it is to get hit.
    In order for this 10 pip SL and 20 pip TP to work, you would need to incorporate a trading strategy to give a better statistical edge to the 20 pip TP.

    • @sam_alimi
      @sam_alimi 2 года назад +3

      Absolutely, 1:1 R:R had plenty of win rates in my back testing than a 1:2.

  • @marcindyczkowski93
    @marcindyczkowski93 2 года назад +10

    A well-developed flipping skill is very important, both in trading and in mcdonalds. If something goes wrong with the first one, at least you are already practicing in the other.

  • @primecapital6577
    @primecapital6577 2 года назад +5

    Thank you Arty. First comment hahaha, following your videos have really changed my equity curve from negative to possitive. Indeed here you discuss everything day trading to keep us profitable on a consistent basis and I'm really grateful. Much love from Cameroon in Africa

  • @chukwumaifenkwe5896
    @chukwumaifenkwe5896 2 года назад +10

    The morale of the experiment:
    Risk management (setting the proper TP & SL with a flip of coin) is more important than actually using your brain 🧠 😂

  • @allarsatsi2809
    @allarsatsi2809 2 года назад +2

    When Arty placed a trade by flipping a coin, giving out details about pips mathematics- he already made profit 🔥
    🎵This is how we do it 🎵playing in the background 😀

  • @nicostrading4547
    @nicostrading4547 2 года назад +7

    Hi everyone, a proper 50% chance win/loss would be with a 1:1 profit ratio. With a 2:1 we are closer to a 25% chance win, aren't we?

  • @d.esanchez3351
    @d.esanchez3351 2 года назад +2

    Hey! that mooning was me :D I place a short just there. My strat has a confirmed 78% SL by mooning rate. Your welcome u.u

  • @yijurej
    @yijurej 2 года назад +3

    I happened to found your YT Channel. The first ever I’ve watched was your vid about your life story. Yours is indeed inspiring.
    New student trader here. Been watching your vid lectures, really great help. Thank you! :)

  • @dhirenm3173
    @dhirenm3173 Год назад +1

    This is one of the best videos ive come across regarding money management, RR etc . Keep it up brother people will catch on .

  • @Dnaizer
    @Dnaizer 2 года назад +1

    *house burning down* Arty- "LEMME FINISH THIS THOUGHT"

  • @Klavsfangold
    @Klavsfangold 2 года назад +1

    RUclipsr: Random trade, 10 min later big ass candle to TP
    Me: Random trade, 10 sec later big ass candle to SL

  • @Wraith0925
    @Wraith0925 2 года назад +3

    Me: loses 3 days in a row following a rules based strategy
    Arty: flips coin and wins

  • @trafavlogs7570
    @trafavlogs7570 2 года назад +1

    Imagine learning all the technical analysis , failing and losing all you money, and a coin toss was all you needed lol

  • @TaiwoAdedeji_
    @TaiwoAdedeji_ 2 года назад +2

    You: *wins all the time with coin toss*
    Me: is this the power of a god 😨😨

  • @salloumis
    @salloumis 2 года назад +2

    "The perfect strategy doesn't exi...."

  • @mindsetness7119
    @mindsetness7119 2 года назад +1

    dude, this man's looking more like like Jeff Bezos and less like our old Arty. this one's the best for sure

  • @izzyrov5814
    @izzyrov5814 2 года назад +1

    This is awesome, Mr. Arty! I'm definitely gonna try this using my virtual account and see the result maybe 2 months later.

  • @dakatavmg
    @dakatavmg 2 года назад

    Hey, man i just want to thank you, i watch your videos in like a month now and i learn how to grow my forex account using just 20pips a day ! I now scalp GOLD like crazy !
    I know this is suppose to be funny but its fun to me , to learn new skill and apply it to make cash !!! Thank you!

    • @CBatista1234
      @CBatista1234 2 года назад

      What indicators or strategy do you use to scalp Gold?

  • @fxcheng1154
    @fxcheng1154 2 года назад +1

    love your smile , This is so far the best video on risk management on youtube .

  • @chipsandcoke9665
    @chipsandcoke9665 2 года назад

    Arty is the Chuck Norris of trading… he flipped a coin and the market followed.

  • @dennisvivaz
    @dennisvivaz 2 года назад +1

    Arty flips a coin, a toss for LONG!🔝
    He talks just short, not knowing what's going!👨‍💻
    A flip to the upside,🕯️
    The candlestick hits the aim site!!!🎆
    Mooning the profit!!!!!!🌚
    Magic moment 😂😂😂😂😂😂😂😂😂😂😂
    You're officially a magician!!💰🤵

  • @dennisbinder4993
    @dennisbinder4993 2 года назад +1

    Hey Arty,
    If your risk reward is 2:1 then your odds of winning is not 50%, it's time tested to be 40%, a risk reward of 3:1 is 33%.
    Still profitable.

    • @azazaelmaher6468
      @azazaelmaher6468 2 года назад

      wrong.
      it's 33.33% with 1:2 that results in breakeven.
      28% or something with 1:3 resulting in breakeven.

  • @danw247
    @danw247 2 года назад +1

    Confirmed arty is paying off the market 👀. That candle is too perfect 😂

  • @thecripkeeper1713
    @thecripkeeper1713 2 года назад +1

    5:49 when the school teacher gives you so much score that a *big ass candle* forms on the graph of the score

  • @Abraham40570
    @Abraham40570 2 года назад +1

    that shows us that the only way to get it is being consistent, every day no matter what, thanks for your content! u help me a lot!

  • @iceboxstudio2904
    @iceboxstudio2904 2 года назад +1

    The market may be bad, but I slept like a baby last night. I woke up every hour and cried.

  • @peterogede8055
    @peterogede8055 2 года назад

    This is crazy! Ican't wait to fund my account, grow it and then grow to a point I can pay for a funded account. Thanks Arty for your videos

  • @xFrankenstein
    @xFrankenstein 2 года назад

    THis man is an absolute maniac.... Some people sit at their laptops all day drawing trend lines and fib levels. This dude just flipped a coin placed a trade and boom $100. Must be nice. Must be really nice. Keep up the good work😅😅

  • @alainquintos6221
    @alainquintos6221 2 года назад +2

    After watching your video
    Me: Forex Prop Trder(what my friends and realtives think that I do for a living)
    Also me: Flipping a Coin+calculated risk management(that is exactly what i need to do in order to become profitable trader and live the hype).
    "A toss coin a day, keeps your account green all the way." 😁

  • @basilyumyum4943
    @basilyumyum4943 2 года назад +1

    Cool!!! Btw I earned so much from watching your videos, beginners & strategies, i am learning so much thank you just wanted to share my genuine gratitude 🙏😃💓

  • @technologicalfacts7x40
    @technologicalfacts7x40 2 года назад +2

    Even if r2r is 1:1, we will still have only 1/3 chances of win. Because of 3 different scenarios. 1st is buy(either win or loss 2nd is sell(either win Or loss) 3rd is buy&sell(both loss) due to consolidation.

  • @tayyabraza2994
    @tayyabraza2994 2 года назад +2

    Hi I'm first 🙋‍♂️
    Hi Lots of Love from Pakistan 🇵🇰
    You are Amazing 😍🤩

  • @Chris-mf5jb
    @Chris-mf5jb 2 года назад

    When Arty has made his $100 for the day and can go back to focusing his energy on polishing the top of his head . This is what trading is about folks!

  • @Rachitbatra62
    @Rachitbatra62 2 года назад +1

    EVEN MARKET SUPPORTED YOU. It said okay for content take profit lmao. btw thanks for amazing content

  • @VacasT
    @VacasT 2 года назад +4

    Good morning arty, I've been trading since November and still having problems with risk management, looking forward to the rest of your videos regarding this subject, " Will Not Give Up", have a great rest of your day and thank you, for what you are doing for the RUclips and discord community.

  • @karenjones9974
    @karenjones9974 2 года назад +1

    Hey you could add a spin the wheel element to select which coin to trade for the next series of videos. The surprise on your face was a picture! You should keep that as your wallpaper on your phone to remind you of todays trade. Loved it!

  • @kristyiyanda3388
    @kristyiyanda3388 2 года назад

    Kristy!! Why do you have to come late today ?😃. Thank you Arty for all you do. We love you 💯

  • @creeptoe5953
    @creeptoe5953 2 года назад +15

    Arty teaches TA for years.
    Also Arty tells if one has 50% win rate with 2:1 win/loss ratio one can be profitable. Then goes ahead and demonstrates with a coin toss.

  • @ksifanclub
    @ksifanclub 2 года назад +1

    When your crush says yes on 14th feb, but you’ve no faith in yourself so you dont even check your mob

  • @bupekunda9086
    @bupekunda9086 2 года назад +12

    Fx Pros: You can't just trade by using a coin flip
    Arty: 🙃
    And people say Forex can't be entertaining

  • @stefb1964
    @stefb1964 2 года назад +1

    9 AM ? I watch trader's videos quite often. Very often they talk about time, without mentioning what time zone. Can you please always specify your timezone ?

    • @SchussinBoots
      @SchussinBoots 2 года назад

      9am for Arty is the London open (8am London time)

  • @lion2476
    @lion2476 2 года назад +1

    🤔...wow that's awesome dude. I think this will be my new strategy cause flipping a coin is always 50% win or loss....and now i'm at 30%

  • @zakariamoumni982
    @zakariamoumni982 2 года назад +1

    target got hit
    Arty: evil laugh ahahahahahah
    that laugh made my day keep it up bro ahahahah

  • @psaltisavraam2040
    @psaltisavraam2040 2 года назад +1

    Arty stay safe. We need you

  • @edmundo3249
    @edmundo3249 2 года назад +1

    Even without technical analysis you still managed to make profit. Profit follows you 😅😂

  • @PedroSantos-pk3ti
    @PedroSantos-pk3ti 2 года назад +1

    i did see the coin in your hand, i did not see the coin flips on the table. hehehe

  • @aolekoba6675
    @aolekoba6675 2 года назад +1

    i did the same with my college test :)

  • @getlucky8952
    @getlucky8952 Год назад +1

    Thanks! I'm going to drop off my technical analysis course and join a coin flipping course.

  • @zenonaiden5241
    @zenonaiden5241 2 года назад

    Arty's daily routine:
    Morning: Gets up, Meditates on Motivational Video on Risk Management, Drinks a coffee with a 1:2 ratio of coffee to milk, proceeds to make cereal with a 1:2 ratio of milk to tastywheat and then records his trades. Posts video on Moving Average channel
    Afternoon: Transitions into Adam, does some LSD, records it, posts on Psyched-Substance Channel

  • @ms-oi9ev
    @ms-oi9ev 2 года назад

    for us trader when we see price going in our direction we giggle like when a beautiful girl gives us a nice comment im glad im like you too. love your content.keep up the good work

  • @Carlos-js7vf
    @Carlos-js7vf 2 года назад +1

    Arty - "Do not use this idea. It just for sh*ts and giggles"
    Trade - goes brrrrr
    Folks - "Precher, let's use this as strategy"
    Bro, your reaction got me like 💀💀💀

  • @ChengYMoua
    @ChengYMoua 2 года назад

    Probably not funny
    but I really sat here, watched the whole video, and as you laughed and won the trade, I said out loud and laughed "That's bulls**t" 😂😂😂
    Thanks again for the videos Arty! Still learning, becoming more consistent everyday, and I'm always re-watching your videos to re-learn and solidify my trading skills!

  • @hfazilat
    @hfazilat 2 года назад +1

    surprising, i am the first to comment :)
    thanks for the nice content...

  • @eliejreije1178
    @eliejreije1178 2 года назад +2

    I remember first time i took a trade , after making bunch of studies , then flipping a coin😂

  • @podikolla7463
    @podikolla7463 2 года назад +1

    I think aladins magic lamp inside your laptop Arty 🐕🐕🐕😂😂😂😂

  • @mezzapalooza
    @mezzapalooza 2 года назад

    Just proof that Arty only trades BIGASS CANDLES! That video for sure engulfed me.

  • @nunochoosesfreedom
    @nunochoosesfreedom 2 года назад

    Risk management is key... I love when the market moves my way soooo fast!!

  • @ranganathan9101994
    @ranganathan9101994 2 года назад +2

    Hi dude..1st comment.15th time

  • @ahmedmuktar354
    @ahmedmuktar354 2 года назад +1

    Big candles happen when the trader at the bank sneezes right when placing a trade

  • @daniello713
    @daniello713 2 года назад

    Simpliest explanation of risk management!!! 2 years Ive been waiting for that! !
    Pozdrawiam i milego slizgania po sniegu.
    I know you understand😊 Thanks for your hard work.

  • @ecobob101
    @ecobob101 2 года назад

    I watched this video again as I love the look on Arty's face when he see's that giant candle

  • @toheeblawal8890
    @toheeblawal8890 2 года назад +1

    Literally nobody: flip the coin arty

  • @I_Am_Midnight-i
    @I_Am_Midnight-i 2 года назад +1

    6:00 when you realize you won't have to apply for McDonald's today

  • @thegreatraw9704
    @thegreatraw9704 2 года назад +1

    Damn this is wild 🤘🏾🔥

  • @tobyrutlanddix8139
    @tobyrutlanddix8139 2 года назад

    Arty putting more trust in that coin now than his beloved moving averages

  • @jean-louischaaya2173
    @jean-louischaaya2173 2 года назад

    man whats that man i've been trading for 4 months and im not doing a 10 bucks man you have a good luck keep on going and thank you anoither time for alll your videos i am a trader now because of you
    peace and love man
    best wishes

  • @mohammedhussain3278
    @mohammedhussain3278 2 года назад

    YOU ARE GREAT ARTY 🥳🥳

  • @mcrypto874
    @mcrypto874 2 года назад +1

    Thank you for this. Those candl was crazy looong 😃😃

  • @muhammedfarooq7219
    @muhammedfarooq7219 2 года назад

    U gave us the best strategy arty, the naked coin flip

  • @avrilparekh5038
    @avrilparekh5038 2 года назад +1

    You are so blessed lol😇. Love it.💫

  • @rostomtech2023
    @rostomtech2023 2 года назад +1

    I'm gonna use the snooze to get that monster candle.

  • @justme-ux6xo
    @justme-ux6xo 2 года назад +1

    Now i get the real purpose of an alarm😂

  • @felixpantero8355
    @felixpantero8355 2 года назад

    Wow! That's a brand new strategy.

  • @TaiwoAdedeji_
    @TaiwoAdedeji_ 2 года назад +2

    Imagine if you win in all 4 episodes 😂😂

  • @carbonefabian
    @carbonefabian 2 года назад

    This gotta be the 100% success rate strategy that gurus don't want you to see

  • @InsideEarth_ORIGINAL
    @InsideEarth_ORIGINAL 2 года назад +1

    5:50 that laugh literally scared me. if i was in your place doing this, a *big ass* candle would have formed just in the opposite side

  • @bolaadeniyi2396
    @bolaadeniyi2396 2 года назад

    You just made 70% of my 1 month 9-5 with a coin flip🤯🤯🤯

  • @paulmoerke437
    @paulmoerke437 2 года назад +1

    Looks like the trade took the little blue pill. Apparently trading is hard… 🤘

  • @MrLarki
    @MrLarki 2 года назад +1

    Tell me you're a good gambler without telling me you're a good gambler
    Arty: Hold my bike😎

  • @joaovital6127
    @joaovital6127 2 года назад +1

    I don't want your $100 prize, I want the BLUE coin

  • @mrvillegas3503
    @mrvillegas3503 2 года назад

    I loved your reaction. Im also studying trading. And your videos are helping me. Thanks

  • @589amf
    @589amf 2 года назад +1

    Now THAT is what you call a Big Ass candle. You could have traded that too😂

  • @GnardDawg
    @GnardDawg 2 года назад

    People always told me it takes money to make money, but now you've proved it with a coin flip. 🤣

  • @ImSandiHuang
    @ImSandiHuang 2 года назад +2

    As a wise man once said:
    "Only when a mosquito lands on your testicles
    will you realize violence isn't always the answer"

  • @omranbizeek1031
    @omranbizeek1031 2 года назад

    That deal won faster than a bunny🤣
    Dude, you helped me a lot in understanding the market thank you

  • @randy9945
    @randy9945 2 года назад

    Looks like the market had a huge hard-on for that style of trading. Your The Man!! Rock on, keep doing what you do.

  • @ellywayne1529
    @ellywayne1529 2 года назад +2

    What do bulls and bear eat.........according to encyclopedia ,bulls eat hay and bears eat berries .My dad says they only eat money!!!!!!

  • @Precious_wealth
    @Precious_wealth 2 года назад

    A coin toss tosses the market up!!.. Coin Toss Strategy by Arty!!!

  • @Psitulskis
    @Psitulskis 2 года назад +1

    Genius idea

  • @LENIZ762
    @LENIZ762 2 года назад +1

    I don't know what to say to be funny enough, I wish I could get the $100 it will go a long way for me 🧐🧐 thanks Arty

  • @DailyChasing
    @DailyChasing 2 года назад +1

    Super helpful video explaining risk management. I shouldn't be so stupid with my S/L.

  • @brandonwilliams304
    @brandonwilliams304 2 года назад

    The next time my parents say “ you snooze you lose “ I’m showing them this video

  • @juanipagnotta4339
    @juanipagnotta4339 2 года назад

    Thanks Arty im gonna trade full time with this strategy, risking 10% per trade with my mortgage money. Lets get RICH