Its called random distribution. The wins and losses are distributed randomly but over a large data set and enough time the odds play out due to the law of large numbers. Traders need to understand and accept this is order to nail trading psychology.
I am serious.... trading cannot be mentally treated as a job.. Thanks from the bottom of my heart for sharing with us your live trading account... what you did is unprecedented... ❤
I’m serious! Great vid as always Nick. I’ve been trading 7 years now. Just got funded this year and finally making my first withdrawal. I’ve found it’s all about discipline! Have those trading rules, stick to them and show up!
Yes Nick, I am 2.5 years in this industry. I am slightly profitable. But it seriously hits psychology when you make 7% a month then in the next month you lose 4% or the period of Drawdown. However, your videos are really valuable.
So valuable contents Loss n Profit is part of this business. Constantly learning from mistakes and putting efforts is lead to be a successful trader. Thanks Nick
I'm serious. I've pondered for long on this question. To the point where I've stopped learning because i would think to myself 'why bother'. Though i haven't put real money I've been demo trading on and off for some time. Deep down i can feel that i have much interest in trading which is why i haven't stopped entirely. Thank you for this video. It really helped me to get a clear understanding of what I've been struggling with. 🤝
I'm serious. Been following your channel since 2018 and learned a lot realistically in the trading journey. Even though i joined in free channels, i still hope i can really be in the VIP channels.
I am serious about this 100%. The number of challenges I've lost and not seeing anything in the dark tunnel is a bit hectic and very unmotivating. Truth to be told I got into this, thinking this is money a glitch and really just FAST money. F no it is not. Learning and watching your videos have helped me so much where I am actually into my second phase in my 50K Challege. No, it was not easy and lowkey having someone like you guide new upcoming traders is just phenomenal. Trust me Nick. YOU AND YOUR TEAM HAS PROVIDED SO MUCH IN THE TRADING COMMUNITY AND I JUST WANT TO SAY THANK YOU. ONE DAY I WILL GIVE YOU YOUR FLOWERS THAT YOU RIGHTFULLY DESERVE. 11/18
I"M SERIOUS! I can relate to Nick, as of now with already 3 years into trading, I can just barely produce results like break-even. Trading really is a tough journey.
I'm serious...Nick i'm avid fan of yours.Since I learn about the trading i've always watching your videos.I'm intermediate forex trader.I want to learn a lot more to become a cosistently trader.
I am serious you are the one who is making me understand fundamentals you make it easy to understand these concepts and how important they are in driving the market i know u do a stream in the morning could u also do a summary video like in the day to point out the main things that u talked about in the morning and more fundamentals stuff
Thanks Nick for being one of the only people on the net to be honest about how trading can really work for some traders. Most people just want to sell you how you're going to make gobs of money month after month and year after year. It's just not true. You have to be able to roll with the losses too. And sometimes that can go on for months.
Im serious - fundamental and technical with risk management and surrounding myself with a community of real talk like nick is saying..walkin the talk..practice what we preach. Godbless our journey yall
I am serious about it, there are many reasons. I keep getting fired from jobs, dislike office politics, and don't enjoy working for various bosses. That's why I'm into trading for 3.5 years, still struggling. I believe success will come someday. I just need to analyze charts daily.
I've seen some people trading for like 15+ years and are barely starting to become profitable. Its hard it really is and I'm starting to see the difference between the people who consistently earn and those who don't. This is more than a fulltime job, you need pure and absolute dedication to this. I kinda feel motivated though, I'm on year 3 and I don't wanna end up like the people trading for over a decade and failing. I'm serious lol
im serious. im serious. im serious. i know how to get around those bad years. i noticed that scalping covers me up, i made my own model including ict, fibonacci, looking over every timeframe and find entries in the 1 minute. ive been traiding for 6 months and i have been learning soooooo fast. i will most likely blow my prop firm account but for now am doing well but by no means i know the market might humble me so im going slowly at it
Very honest video - thank you - I’m not given up - I’m serious - but everything I started for I could have had with what I’ve lost - getting there now - but it’s been traumatic
Im serious. Love your channel nick. I started early 2022. The first year i kept losing, not a lot because if i lose like 10% of my capital i stop for awhile to study again. But this past few months i achieve my breakeven goal. Hopefully i will improve bit by bit.
I enjoyed your videos and thankful I found your channel and community. Finally, you are someone speaking facts in real life trading experiences and revealing trading is not always sunshine and rainbows. As a newbie in Forex Trading looking forward to growing with your channel and community.
I watch a lot of vids and I've seen the best traders have bad months . but they do seem to be able to have a come back and gain back the losses . I do agree there are easier way for extra income but not for a trader . traders have to trade . i just like it to much to stop
I’m serious, I am a total beginner who is doing forex trading since last 1 and 1.5 years or more, didnt saw any profit at all till yet but still wanna push myself and improve myself. Can you please suggest something like what should I do especially in the learning part to make my fundamentals more clear!!! love from India❤❤❤
Nick can you please make a video on the fundamental analysis of indices like sp500... which fundamentals we should check and influence of gdp, inflation on sp500
@@TraderNick Sir i have requested for a trial ...I am not capable to purchase the software sir sir can you make a video on that topic or can explain in chat that how gdp and inflation affect sp500
I’m serious but had a bad day yesterday. I’m going to try to pass a challenge and get funded. And keep being funded. Apparently only 1% of people can do this. I believe that I’m one of them.
Why do you need a funded account,, can't you trade your own money? If you're good at trading, there's no point going for a funded account.. I once traded a $10 account to $100.. skill set is what matters
I'm serious, however I am no longer a swing trader but still will see what you're doing. I had been taking day trades of the 5m timeframe for a few weeks aswell as swing trading then I went downhill on my prop firm account, I have found a day trading strategy that i was originally following and prefer that method overall, so for now at least I'm sticking with day trading, although it's nt for everyone of course and to anyone reading this, it can be very risky especially as compared to swing trading, alot more stressful too. Either way good luck to you. Also thanks for the content Nick :)
Nick to be honest, ive watched ur vids about the difficulties of making high % every month. I didnt take u serious. Flipping small accounts and making 500% from it is very easy because u dont care even if u can loose it. But u cant do that with serious money. Going full margin on $50k and want to flip it yet its ur last savings, u cant do that😂
