Nick is - in my humble opinion - probably the most educational & entertaining trader on RU-vid. Being a young & aspiring trader that he is as well as being surrounded by others who I assume are about the same generation as him, his contents are both educational & "memeful" to watch lol! I am a beginner trader and honestly this channel has taught me A LOT. However, not in terms of chart reading, but more on the Trading Psychology part. Thanks a lot Nick!
Thats exactly what i was doing full of emotion ,shifting stop loss ,holding more losses than wins .This is the best teaching warning video of all time Nick ,waiting fo part 3👏👌
I have been trading for about 6 months now and just about every trade backfires and slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
Your problem could be your stop loss is too close or you're watching your trades too much. Place it and walk away. Or you could just give up, trading isn't for everyone.
@@amirsaheed2645 Try not to hear him out, don't surrender. Exchanging takes time(months, even years) to ace, even the experts learn regular. Never the less, in the event that you lose cash regardless of which side you take, perhaps you have to take a gander at how you are overseeing dynamic exchanges instead of how you are entering them. My recommendation, discover a guide . And furthermore, have a go at consolidating the utilization of oscillators, Bollinger and rotate focuses into your procedure. What's more, in particular move to higher TFs(4h or 1D ideally), you'll express gratitude toward me later .
@@brandoncolon418 You're correct, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any legit ones?
@@deloriaenterprise744 I know of one lady though, she is not a mentor per-se, but she is freakishly good at trading. From what I've gathered she used to work for a proprietary firm till she retired. Met her at one of those conferences, got to know her and we exchanged emails. Since she helped me, I've been making about $1000 bi-weekly. What I'm trying to say is the 5% of traders in the world that are consistently profitable are not on RU-vid, they are just random/lowkey people no one even expects . Her name was Laura woods by the way.
@@brandoncolon418 I think I have seen this name on a trading forum before, on discord one time, is she really that good ? And how may I contact her if that isn't too much to ask.
All kidding aside, i actually learned more in these couple of minutes than in a whole bunch of trading videos.... things i already knew but kind of brushed aside. Thx guys.
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This is so funny!! I should've seen this before I had my $100 account blown away. had so much fun watching this video because of all the realisations. Hahaha! Thanks for making this video, and I'll stay tuned for the next part. And see what happens. Hahaha
@Abrielle Aimon I have been trading for a year now, I have never met an account manager as honest and trustworthy as @coreytradings on instagram, with his reliable signals and strategy my trades has been all about winnings, I cant express how i feel, May God bless you Sir
Hey traders! A quick note about this video: First of all, if you found this video entertaining, please make sure to like it! (We worked very hard on it!) Second of all, please note that this is mostly an experiment for FUN, and not actually how I trade my money. Trading with high leverage is incredibly dangerous, and goes very much against my own beliefs of approaching the markets slow and steady. Enjoy, and let us know if you want a part 3!
I have a 100 usd account. Although I like your videos I would like for you to do a 100 usd challenge with proper lot sizes and all. You are a better trader than me so it would be nice for me to at least see what is possible. I am building this small account as you can imagine very slowly but help me out here. Sometimes I little inspiration can get you mentally stronger.
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Hi Nick.. I'm planning to trade with an account for $1500. I want to use a leverage of 1:100 and have 5 trades daily with 0.05 lots. The goal is to trade only Gold, with a daily target of $100 max. Do you think it is a good strategy. Will be using H4 and 15min time frames strategy also. Please advise if you think it's risk manageable. If not $1500 I can push it to $2000.
With all due respect sir, I have traded 100 dollars accounts and be able to flip it to 1000 dollar in 3 months .. So yeah it's doable.... But not with currencies as it can take forever to even make another 100 dollars but with synthetic indeces it's so possible because of tight spread and not affected by world news.
Hi, I'd suggest you reach out to an expert trader. I know of a particular expert trader with easy to learn strategies which have very high profitability rate. He also manages a platform that helps people, especially newbies to make consistent profit trading and investing ( flipping your investment to an agreed profit)
Took an 11% loss today and it didn't really hurt my account but the max I'm willing to lose in a day is 6% between multiple trades. So today was a overall red day for me. But the fact I'm beginning to focus more on the percentages tells me I'm moving in the right direction
I did revenge trading today and lost half of my account. I called my friend and I started laughing. Cause I knew what I did was stupid. Iether I'm 3 months into trading
Hi, I'd suggest you reach out to an expert trader. I know of a particular expert trader with easy to learn strategies which have about 96% win rate. He also manages a platform that helps people, especially newbies to make consistent profit trading
Idk if it's beginners luck my I've opened alot of demos and consistently made $100 perday from a $200 account with 1:200 leverage ( for more positions) with and average lot size of 0.05
Great video only thing ion agree with is you can’t trade Nas with $100! I literally only trade Nas and built my account off $20it took a while but I did it
Do this again but trade silver!!!! I have flipped 100$ accounts to 2k 12 hrs 2 weeks in a row on silver alone. It was not smart but I was just sure about it. Idk if hugosway spread would allow it tho with 5000 contract. Ik osprey has them as low as 2 points at time so very reasonable. But silver is the best lottery ticket you can buy with $100
dude, first of all you took a trade on a major level of resistance. You brought the market after there were 7 rejections on that level, which makes me question your ability to trade. it was a very obvious down trend which you should have sold the market at that level.
You and Will should compete to see who can grow a $100 account to $500 the fastest. Small account traders know that elevated risk is needed initially, but nobody will ever dig into the topic and discuss what percentage of elevated risk would grow the account quicker.
@@TraderNick not quickly, just quicker than Will. Still exercise risk management and good judgment, but just on the racey side of things to give you the edge over Will. Likewise for Will.
Unfortunately i learnt the hard way i traded a 2 lot on gold on a 1500 account and pretty much blew it. Lots of lessons to be learnt and no it wasnt a demo
Lmao, must really be painful. I'd suggest you reach out to an expert trader. I know of a particular expert trader with easy to learn strategies which have very high win rate. He also manages a platform that helps people, especially newbies to make consistent profit trading
To be sincerely I never believed it was true until after I got my first profit from her,Jene Davies has proven to be a reliable trader that Keep to her words,I have made so much profits through her , thank you jene Davies
Hi, I'd suggest you reach outto an expert trader. I know of a particular expert trader with easy to learn strategies which have about 94% win rate. He also manages a platform that helps people, especially newbies to make consistent profit trading
@@TraderNick Hahahha.. Yeah,I got that condition. Pretty sure this video and the potentially blown $100(IF it gets blown😂💔) will be in my head every time I try to do anything silly on the Markets. And yes,it'll sting IF you get to blow it😂..so that's a win/win for me,I guess. Great content by the way! Keen follower.
Guys...New beginner here. Question: i just purchased a Dell loptap for Forex trading, Do i absolutely need to install Microsoft office ( words,PowerPoint excel ) ???? Some advice....Thanks.
I'd suggest you reach out to an expert trader. I know of a particular expert trader with easy to learn strategies which have about 96% win rate. He also manages a platform that helps people, especially newbies to make consistent profit trading
@@Helen_Sanch Thanks for reaching out..... I'm not really interested in contacting any expect regarding this issue, but i appreciated your comment here.... Regards.
Setup a demo account for 100 dollars. Give me the username and password. 2 weeks I'll have it between 1000 to 2000 USD. As far as this video...umm, no. What exactly was the purpose? Even just for fun, it had no value to it.
Honestly man, I think you’re gonna shock yourself and actually make some profit on this account. You got the skill, just implement them correctly. And maybe dial down the position sizes. And trade more currency pairs rather than indices. And also, for the future videos, try to catch a fundamental announcement, that could be interesting. All the best to you and Will.
how are you trading the Nasdaq . which broker are you using being an American there isnt any brokers in America that allows that. second also trading way more than 50x leverage . so the question is which broker is that
I think both of you are arrogant people. You guys think $100 is nothing to start trading ? Go around and see how people started with just $10 and they made millions of dollars. Don't let money make you arrogant. People can even trade with just $1 sirs. and It is possible to get there... I like Jeremy cash cause he is humble man and not arrogant. He teaches with respect to those who do not have such lots money... Be humble. Be humble
To be sincerely I never believed it was true until after I got my first profit from her,Jene Davies has proven to be a reliable trader that Keep to her words,I have made so much profits through her , thank you jene Davies
The fact that you're making fun of it makes it really hard for me to have that mindset that you are passing a message of warning on how new and small traders should trade rather I fell like you're mocking 😔. Anyways in the 3rd part make sure you state your reason why entering the trade and kudos to you for your weekly analysis God bless.
@@TraderNick well I thought it's a video to make newbies learn the mistakes they do and what they shouldn't do. It'll be well. Kudos to you anyways, and I won't mind getting the account of you turn it to $200🤭🌝