$100k A MONTH FROM 5 PIPS!!! (THIS IS HOW TO DO IT)

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TheBinary Destroyer

TheBinary Destroyer

Күн бұрын

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PART 2 - • 5 PIP STRATEGY UPDATE!...
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PART 4 • LIVE 5 PIP STRATEGY TR...
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Пікірлер: 886
@kemajohnson3439
@kemajohnson3439 2 жыл бұрын
When I STOPPED using a STOP LOSS I became consistently profitable only looking for 5to10 pips a day. Great vid
@Xausd
@Xausd 2 жыл бұрын
It should also be pointed out that with no SL you might enter into a very large drawdown and for a very long time. 2 consequences being that you must have small trade sizes so that you avoid margin call and quickly blowing account, and you must be prepared to accept being 1000 pips down for 2 weeks or 2 months or 2 years or longer, unable to use your money, missing out on all the opportunities, waiting for the market to return to your level, all for the sake of 5 pips. Don't be fooled, no stop loss trading leads to long and large drawdown periods that far exceed 1% of the time, and there is no real guarantee that it will ever come back to your level. I've seen bots doing this, some are still running without blowing account after 2 years, but the 100% win rate hides the extreme and lengthy drawdowns part of the story.
@Azilelom
@Azilelom Жыл бұрын
Exactly. Those stop losses print on order flow charts, so of course the market makers will try to hit them. Stop losses are best left mental
@therigidperson4079
@therigidperson4079 4 ай бұрын
Bro if you are at the charts, sitting and watching the market move.. who needs a stop loss, you can do all the stuff manually
@ericmiller7749
@ericmiller7749 3 ай бұрын
@@therigidperson4079 you will do that until the market goes the opposite way and you lose 45 pips ins 5 seconds before you can close it out. It will happen
@MandoTrades
@MandoTrades 3 жыл бұрын
NEVER GET ADVICE FROM KZbin COMMENTS SAYING THEY HAVE THE KEY! SCAMMERS
@curtislandry846
@curtislandry846 3 жыл бұрын
I learned the hard way in one trade to set a stop loss and be willing to take only 5 pips. $3.00 profit is better than (-$250.00) loss. Ouch that hurt. ☹️🙃😄
@gedionb5542
@gedionb5542 3 жыл бұрын
I LOST 2K IN ONE DAY IN OPTION ,YOU GOOD BRO.
@curtislandry846
@curtislandry846 3 жыл бұрын
@@gedionb5542 that doesn’t sound like a good thing. Hope you been able to capture some of that back.
@tradermike5422
@tradermike5422 3 жыл бұрын
When ur trade is in profit, you should move your stop loss above your entry, just in case the market fluctuates.
@captaincannabis3321
@captaincannabis3321 3 жыл бұрын
@@tradermike5422 Im not saying thats bad advice, but doing that is statistically going to lose money, for the reason that you said, the market fluctuates. When you do that, you're greatly increasing the probability thay your stop is going to be hit which ultimately leaves you with more small wins that cant make up for the big losses.
@cudbiahmed1673
@cudbiahmed1673 3 жыл бұрын
@@gedionb5542 bro sorry but lemme trade for you wr share 50 50 weekly. I also trade options and i lack capital
@adamcull4415
@adamcull4415 Жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
@fridanordin9710
@fridanordin9710 Жыл бұрын
The common mistake we newbie mistake is venturing into the market without help and legit guidance
@brunoroth911
@brunoroth911 Жыл бұрын
@@fridanordin9710 Yes. You're right it's not watching all videos and wasting time on strategies, I was ignorant doing so till I Met expert Mrs. Bruce Christelle sometime early last year at a startup funding event in New York City. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results, and my trading is going smoothly.
@barbarakoster7637
@barbarakoster7637 Жыл бұрын
Investing in Stocks and Forex is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself
@katherinewilliams7354
@katherinewilliams7354 Жыл бұрын
NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
@gazmirloshi1870
@gazmirloshi1870 Жыл бұрын
As a beginner who don't understand how Bitcoin trade/forex trading really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@theinzwin
@theinzwin 3 жыл бұрын
This has been a revelation and illumination. Thank you so much. Great information. Thank you 😊
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Thank you
@jamesandrasi3304
@jamesandrasi3304 2 жыл бұрын
Do you typically let your trade hit your take profit mark or do you close the trades before they hit your target or do u even put in a take profit when scalping?
@aphophys01
@aphophys01 3 жыл бұрын
Have a similar method. It is also a perfect trading or complete bust. The difference is I select a specific range (very wide, like 100-110 usdjpy) instead of direction. Loss condition is if market moves outside range at which point you need to take some measures to prevent full loss.
@richbalkissoon5322
@richbalkissoon5322 Жыл бұрын
could you explain more? how is it going now? i like your idea
@Mr36Chamberz
@Mr36Chamberz 3 жыл бұрын
I enjoy your teaching style. Liked and newly subscribed! Keep Em Coming!
@rawlissmart2594
@rawlissmart2594 2 жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflatio
@joshuamichael1032
@joshuamichael1032 2 жыл бұрын
What are you talking about and how could this be explain?
@rawlissmart2594
@rawlissmart2594 2 жыл бұрын
He's the man have been trading my coins with for the pass few months I started with him this year
@penelopealfie9460
@penelopealfie9460 2 жыл бұрын
Speaking of being successful. I know I am blessed if not I won't have met someone who's as spectacular as Josh.
@hallanslim6777
@hallanslim6777 2 жыл бұрын
Yes I am a living testimony of Mr. Josh Mr. Josh has changed my financial status for the best. all thanks to my aunty who introduced me to hlast year
@davidmoore9164
@davidmoore9164 2 жыл бұрын
I have also expirence his great work he's good in trading
@rosscarlson7948
@rosscarlson7948 3 жыл бұрын
should i be executing trades using market orders or limit also? thanks
@danieljamal3709
@danieljamal3709 2 жыл бұрын
If being a millionaire retiree is your future forte, then keep a close eye on the stock market stakes and ensure that you invest in the right stocks that suit you.
@gilbertharold9762
@gilbertharold9762 2 жыл бұрын
It’s easy to double few dollars in the stock market
@stuartjames1862
@stuartjames1862 2 жыл бұрын
How possible is it to earn a thousand dollar per month on the stock market?
@georgecooper8750
@georgecooper8750 2 жыл бұрын
You can surely earn $1000 per month by trading stock market, provided you have in depth knowledge of trading strategy like technical analysis, chart patterns, support and resistance, trendlines, risk management
@dannyvera8475
@dannyvera8475 2 жыл бұрын
most stocks in my portfolio are underperforming and there’s too much volatility with key stocks. Which stocks would you recommend I buy?
@danieljamal3709
@danieljamal3709 2 жыл бұрын
you should probably seek guidance, I do have an Expert Tamara Diane Hagan who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.
@richunclejoey2249
@richunclejoey2249 3 жыл бұрын
I like this alot. Risk management is a huge piece of the pie 90% of traders don't get a piece of....I shoot for 1.5-3% a day...200 days a year. That's it. 6 figures a year. Compounding interest is a beast...and it works both ways. Keep up the good fight mate 💪📈
@Lunaloop92
@Lunaloop92 2 жыл бұрын
So how do you make it?
@davo6164
@davo6164 2 жыл бұрын
👍🏾
@bigbapester
@bigbapester 2 жыл бұрын
What did you start with to make the 6 figures a year?
@richunclejoey2249
@richunclejoey2249 2 жыл бұрын
@@bigbapester I use the ATR to gauge where to put my sl and tp. I watch for price to get close to monthly lows if trending higher before I buy and vice versa, price to get close to monthly highs when selling.
@richunclejoey2249
@richunclejoey2249 2 жыл бұрын
And I stop once make 2% or less.
@frankthoman4894
@frankthoman4894 2 жыл бұрын
this guy makes me feel how i do when i stop playing basic strategy and after about 4 good drinks
@balachandraalnethaji1548
@balachandraalnethaji1548 Жыл бұрын
Nice content, but i’d rather stick to sir louise’s highly profitable and guaranteed winning Dark Clouds candlestick approach
@ceryscollier1539
@ceryscollier1539 Жыл бұрын
I too deal with this individual, and I can attest to the effectiveness of his methods and the vigilance of his money-making schemes
@bonniemari4
@bonniemari4 Жыл бұрын
@@ceryscollier1539 that's very accurate, I never thought I will see subscribers on here praising my mentor😮😮
@balachandraalnethaji1548
@balachandraalnethaji1548 Жыл бұрын
@@ceryscollier1539 no doubt
@balachandraalnethaji1548
@balachandraalnethaji1548 Жыл бұрын
his direct contact is just tel e gram
@balachandraalnethaji1548
@balachandraalnethaji1548 Жыл бұрын
Tradinghold7
@geoffmelnick1472
@geoffmelnick1472 3 жыл бұрын
USDDKK - spread at the moment 10 pips. EURCAD - current spread 3.7 pips. Be very careful which currencies you trade these ideas on and at which times of the day.
@Xausd
@Xausd 2 жыл бұрын
i agree spreads swallow the small stop losses immediately
@Khepera_ominis10
@Khepera_ominis10 3 жыл бұрын
U can do this with swinging intraday, just target a certain amount that is realistic and take off half let runners 🏃‍♂️
@lukasmiller8044
@lukasmiller8044 3 жыл бұрын
Do you know you can start your Bitcoin investment trade with $200 USD and earn $2300 also recover from your previous Lost on trading we also have option for $80 earn $200 ask me how on WhatsApp let start it Christmas season👇👇💹💹 +13052036145
@jorgerios4091
@jorgerios4091 3 жыл бұрын
Nice video I liked it, I'm setting an algorithm to trade 3 pips being this the median of variation I've found so far.
@Tripl3333
@Tripl3333 3 жыл бұрын
Damn...... cant believe ive never seen your channel. really good content. me i'm trying to get 10pips (1 to 1 risk) since last week and its true....it does work.
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Yes small pips are awesome. 👌🏻
@gunawanwibisono8848
@gunawanwibisono8848 3 жыл бұрын
is my calculation right that if the spread is 20 points, the pips you got must be at least 4 pips to even not loss?
@webventures
@webventures Жыл бұрын
First time viewer. Subscribed! All I need is 20 net winning pips per week, as I will compound lot size after each 20 net. Love the take 50% profit strategy. Just learned how to do that on MT4 and am ready to rock and roll!
@thebinarydestroyer9542
@thebinarydestroyer9542 Жыл бұрын
Amazing! Keep up the progress.
@chekov885
@chekov885 7 ай бұрын
it's easier to open 2 trades let 1 run and1 take profit early then you don't have to close part of position size in a live trade. For a 1 lot trade size just open 2 trades @.5 lot each.
@petersymons2007
@petersymons2007 3 жыл бұрын
Great explanation of money management - thank you
@nihalgulvady
@nihalgulvady Жыл бұрын
Great video! Crystal clear. Thank you
@sillymesilly
@sillymesilly 2 жыл бұрын
What if you apply the same thing on daily chart?
@ehlohimwhil5762
@ehlohimwhil5762 3 жыл бұрын
You have to have a hell of alot of money to trade this ...if you have an account with like $10k-20k , you can have high lot sizes and make this kind of money
@jamesandrasi3304
@jamesandrasi3304 2 жыл бұрын
Where is your break even ? So if your stop loss is 8 pips you take 4 pips and let the rest run with the market so would u move your stop loss to 4 pips ?
@g0ddsidet128
@g0ddsidet128 3 жыл бұрын
You didnt say anything i didnt already know lol but i think today I needed to see this ! Thank you
@carlosmartial6894
@carlosmartial6894 3 жыл бұрын
Never laugh at someone who has a plan, because you see the have nothing on them when you look at them.. surely one day you will be their joke when their plans finally succed... Make investment plans today and enjoy it tommorow..
@sethrandy335
@sethrandy335 3 жыл бұрын
Speculations is an effort probably unsuccessful,to turn a little money into a lot.. Investment in other hand should be successful to prevent alot of money from becoming small...that's why I would always advice you trade with the best trader like Mr Brown...He got the best trading strategy..
@academichacker4687
@academichacker4687 3 жыл бұрын
How do i start a binary trading option
@thetradingchannel4368
@thetradingchannel4368 3 жыл бұрын
How long do bonuses take to be credited in binary trading?
@madisonfaith2097
@madisonfaith2097 3 жыл бұрын
It can often be a case of soon as you make quality deposit into binary options trading account
@michaelkelvin4873
@michaelkelvin4873 3 жыл бұрын
How can i spot profitable trades on binary options?
@JLclickk
@JLclickk 3 жыл бұрын
started trading a couple of months ago and the MOST important thing I've learned so far in my journey is risk/trade management. Came across exactly this strategy of taking profit with half your lot once you hit your target and then moving up your stop loss to break even and it blew my mind!
@wavemaker2077
@wavemaker2077 3 жыл бұрын
If you are a new trader, then don't trade with a big account. You should trade with just a $100 account (and a lot size of 0.01). You are expected to lose anyway. Always trade with $100 account until you can finally make it grow. You are expected to blow you account a lot of times until you can finally get it right.
@zacktim3056
@zacktim3056 2 жыл бұрын
another idea, if you want to make sure the direction of the candles just take a position in demo and see, if it's okay then execute it in real account if not then try the opposite, that's of course if it is too difficult to figure out the trend which is a moment that i don't recommend to open any position.
@1ndraNugraha
@1ndraNugraha 8 ай бұрын
How to determine the number of lots? when you make a profit or a loss
@breannestahlman5953
@breannestahlman5953 Жыл бұрын
what 5 pips be like in cryptos (let say BTC, or ETH)? Would it still be 5 pips?
@ravneetsingh5338
@ravneetsingh5338 3 жыл бұрын
Please everyone look at the very end of this video ❤he had got some messages don't just start yearling without watching 😒
@OGCMS
@OGCMS 2 жыл бұрын
omg yo this makes so much sense, so much traders wanna be greedy and go for more pips
@38kaylyn
@38kaylyn 3 жыл бұрын
The dog in the background had some opinions
@joshuasam777
@joshuasam777 3 жыл бұрын
Lol😂
@runit80
@runit80 3 жыл бұрын
🤣😂🤣😂🤣😂🤣
@Shemsa08
@Shemsa08 3 жыл бұрын
Omg 🤣🤣🤣
@brandonlee5029
@brandonlee5029 3 ай бұрын
what percentage of your account is risked for the 5 pip trade?
@KiNG-tx9je
@KiNG-tx9je Жыл бұрын
What about spread or commission?
@alenrayen1028
@alenrayen1028 Жыл бұрын
Wonderful Man! Thanks for your time!
@pistolpete0001
@pistolpete0001 3 жыл бұрын
how do i get those indicators?
@victoryworldvahab3048
@victoryworldvahab3048 3 жыл бұрын
Which indicator you using because its showing green aro and red aro Nome of indicator please
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
That’s the Binary Destroyer 8.0 www.fxlearning.com
@consciousmoviereviews9730
@consciousmoviereviews9730 Жыл бұрын
What does the risk management look like?
@waqaarhussain2791
@waqaarhussain2791 3 жыл бұрын
What’s the moving average’s (the 2 reds and two greens) values on the first chart
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Waqaar Hussain thats the Binary Destroyer 7.0 indicator. They are not moving averages.
@iscariotmadeo9513
@iscariotmadeo9513 3 жыл бұрын
I'm still using a demo account, with avg profits of 400 usd per week, Doesnt matter if it is small I'm aiming more on consistency of having more wins than lost ,
@erwinangeles7897
@erwinangeles7897 2 жыл бұрын
How many pips in stop lose applied?
@klarenxeblood9615
@klarenxeblood9615 3 жыл бұрын
Cant i just use an crossover ea set at 5pips with an 300 pip SL ?
@MarcosRojasIII
@MarcosRojasIII Ай бұрын
Macd or stochastic is better for this purpose
@rosscarlson7948
@rosscarlson7948 3 жыл бұрын
im trying the 5 pip strategy and im starting out down 8 pips, i use cedar broker *usa* is there a better spread i can find?
@biblestudywithbeth9939
@biblestudywithbeth9939 3 жыл бұрын
Awesome, awesome video, I knew it was something to this type of trading, it's like quality over quantity lol, thank you😘
@jordanstubblefield7406
@jordanstubblefield7406 10 ай бұрын
This is mind blowing. I’ve never seen anything like this before. The possibility of getting 1:3 with such a small move 🤯🤯. How do you determine when you set a fixed take profit vs when you close off have at 1:1 RR and “manage the trade”?
@CK-vf8xn
@CK-vf8xn 2 жыл бұрын
Great video! Thanks.
@Mike-ye8qv
@Mike-ye8qv 3 жыл бұрын
There's a huge difference between a 100 pip stop and a 5 pip stop... its called the spread.....
@rohithmp2554
@rohithmp2554 3 жыл бұрын
U can do with brokers like ic market 😉
@FRAYZEO8
@FRAYZEO8 3 жыл бұрын
@@rohithmp2554 what do you mean with this mate?
@HereIsmarcus
@HereIsmarcus 3 жыл бұрын
If you investigate the spreads it is possible to trade on pairs and times where the spread is incredibly low - much less than one pip - but you have to be careful. My broker, for example, opens the spread to over 8 pips at around midnight for 20 minutes so I plan to only trade 9am-5pm. Brokers are not to be trusted blindly.
@yassinetalbi5884
@yassinetalbi5884 2 жыл бұрын
@@HereIsmarcus Because they are not enough liquidity at that time, nothing to do with brokers trusthworthiness
@WINDSORONFIRE
@WINDSORONFIRE 3 жыл бұрын
Why not 5 pips? Hard to believe you talked all that time and never mentioned the cost to get in and out of the trade. If you are doing 50 pip trades its not a big deal but 5 pip trades!!! To be credible at all you need to talk about factoring in the spread into a 5 pip trade when calculating R (risk reward ratio) Come on... These newbies who follow you don't have a clue you are not being upfront entirely.
@arttorrez5548
@arttorrez5548 3 жыл бұрын
Windsor, I was thinking exactly the same thing. I don't think he's ever heard of spillage. Each FX pair has variations in spreads and also payouts per PIP. The worst pairs payout very low amounts per PIP compared to other more volatile popular ones. So 5 PIPS in general will greatly differ in spread costs and payouts for different pairs. So essentially for many pairs you will need much more than 5 PIPS per trade to go past the minimum wage limit to make it worth your time. Not unless you're worth half a million and you scalp trade thousands of dollars for small PIPS.
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
WINDSOR ON FIRE it depends on the trading account you have. I have an account with Go Markets and IC markets and if you stick to the major pairs your spread is between 0-2- 0.4. Less than half a pip.
@WINDSORONFIRE
@WINDSORONFIRE 3 жыл бұрын
@@thebinarydestroyer9542 Wow that is amazing. There must be a catch. What is the comission. How much do you pay per microlot?
@elliottmoore4835
@elliottmoore4835 3 жыл бұрын
@@WINDSORONFIRE he gave you his answer. go away.
@fredthomas1187
@fredthomas1187 3 жыл бұрын
So what's the lot size
@batwings80
@batwings80 Жыл бұрын
Hey Jamie, What about your broker's spread eating at your trade getting in and out, at 5 pips?
@thebinarydestroyer9542
@thebinarydestroyer9542 Жыл бұрын
I always factor in my spread on top. So if my spread is 1 pip. My TP will be set at 6 pips, so I make sure I get my 5 pips.
@Nitrokid88
@Nitrokid88 Жыл бұрын
What broker do you use
@alexwong3674
@alexwong3674 3 жыл бұрын
VERY GOOD CONTENT ! THANKS FOR SHARING
@raimoon349
@raimoon349 3 жыл бұрын
If someone said its 99% winrate..better ignore it..
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Rai Moon haha watch my current videos or our Facebook group. I’ve set myself a £6 challenge and I’m currently averaging a 98% win ratio. If you watch my last video called Part 2 I share with you my trading history to prove it.
@SOHAIBAHMAD235
@SOHAIBAHMAD235 3 жыл бұрын
@@thebinarydestroyer9542 help me to get the link
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Sohaib Ahmad what link would you like?
@SOHAIBAHMAD235
@SOHAIBAHMAD235 3 жыл бұрын
@@thebinarydestroyer9542 98% win ratio that you mention in first comment
@arttorrez5548
@arttorrez5548 3 жыл бұрын
Anybody can get a 100% win rate waiting days or even weeks for the perfect set up. No FOMO, timeline, or profit seeking, just perfect win rate record. That's paradoxical to the point of trading. Try doing it at any hour of any day then calculate your win rate. I can bet you it will be dismal. The point of hardcore trading is to be highly profitable over a small period of time and potentially financially independent. And not making minimum wage spending hours, days and weeks, monitoring your charts for the optimal winrate trade for 5 PIPs or slightly more. Everything has context! Even the price movements. Learn that and you'll discover the secrets behind it's predictable movements.
@SmartPhone-tv4qi
@SmartPhone-tv4qi 3 жыл бұрын
that's why you use trailing stop ... artist above 5 stop loss ,you get into trade with 1:1 risk/reward ratio which will get your account wiped off
@abandon.3897
@abandon.3897 2 жыл бұрын
I only target 3 to five pips per trade and my account is growing I am making 5 to 15 pips per day
@buxag
@buxag 3 жыл бұрын
Newbie question: how do I close half positions? I use MT4 and 5
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Yuri Coelho it’s hard to explain really. There are videos on KZbin on how to do it.
@DjDanHolloway
@DjDanHolloway Жыл бұрын
I just split my trades in half, I close one at take profit and let the other run moving my stop loss. So if you trade 1.0 lot, place 0.5 x 2 instead
@DjDanHolloway
@DjDanHolloway Жыл бұрын
I'm assuming you're in the UK? What broker do you recommend please?
@Warbaman
@Warbaman Жыл бұрын
I spent about 3 weeks looking into brokers in the uk. Landed on pepperstone since they tie in to tradingview (i use their own ctrader app on my pc as well as tradingview doesnt allow trailing stoploss) and they have a razor account with no spread nor a minimum deposit and demo account easy as fook to setup. Also their customer service is great, not seen a downside yet
@blazeflixx
@blazeflixx 3 жыл бұрын
Anyone is counting the amount of times he says “ok”
@nobodynobody783
@nobodynobody783 3 жыл бұрын
As soon as that profit went 10 pips you closed half of your position. What does that mean? Does it mean you moved your stop loss closer to your price incase it reversed. Don't know what you mean by closed half of your position. You had more than two sells? Just asking.
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
joe joe so let’s say I take a trade with a lot size of 1 lots. When the trade goes into profit I can close a percentage of that trade off. So I can close 0.5 lots, and then let the other 0.5 lots carry on.
@cozyclimbs9249
@cozyclimbs9249 3 жыл бұрын
Without realising, I have already been doing this strategy, I manage to earn £800 in a day with a £300 account, I was just in and out
@cozyclimbs9249
@cozyclimbs9249 3 жыл бұрын
@@portraiteditz5201 dw it’s not lol
@po.or-na
@po.or-na 3 жыл бұрын
@@cozyclimbs9249 I'm trying to do the same. I'm exploring all currencies, timeframes(including seconds chart) and strategies now. May I ask what broker do you use? And any suggestions for time frame or strategy? I have also learnt pine script now to code my 5 pips strategy. So I can help you with the algo if you want.
@cozyclimbs9249
@cozyclimbs9249 3 жыл бұрын
@@po.or-na just an update been 3 months now and I’ve bought my second car through forex money! To address the question. I use BDSwiss, for my strategy I only focus on 3 different currency, 4 if the market is being slow, I pay attention to what times the currency’s are very active and wait for 3 confirmation then I’m in, as long as it’s above £20 at least I take it out instantly, before u know if ur have accumulated it to hundreds
@nickchandler1268
@nickchandler1268 3 жыл бұрын
What lot sizes are you trading with?
@cozyclimbs9249
@cozyclimbs9249 3 жыл бұрын
@@nickchandler1268 most of the time 0.20/0.30 and sometimes 1.00
@itsoktoberight4431
@itsoktoberight4431 2 жыл бұрын
Been there, done that, waaay too much stress not knowing if the price is going to reverse, then eventually getting a margin call, I made $3000 in 2 weeks from $200 but then lost most of it.
@jasiekhoang1905
@jasiekhoang1905 2 жыл бұрын
Sometimes guys if price hit 2 to 3 pips and your win take profit is 5 you can put stop loss behind profit, this way theres no way you can lose any of it
@aussiecopy
@aussiecopy Жыл бұрын
I have been to the website, I an uncclear as to which course is best for me.
@browning50cal
@browning50cal 2 жыл бұрын
I happened upon a similar strategy which was +10 -40 on breakouts above swing high when above 200 EMA on the hourly. I have been setting these up in micro futures on EUR/USD, AUD/USD and also stock indexes like /NQ, /RTY and some times /ES. I have not been what I call "breakout microscalping" very long, but my percentage win is very high. Small trades yet, but this is no BS. I place all these setups overnight US, and open and close no touch in less than 30 minutes for most of them. Watch and learn, this is not BS.
@thebinarydestroyer9542
@thebinarydestroyer9542 2 жыл бұрын
Very Interesting thank you for sharing.
@orkayen
@orkayen 2 жыл бұрын
what is +10-40? 10 take profit and 40 stop loss?
@mercyandtruth316
@mercyandtruth316 2 жыл бұрын
Hey Flight Deck, thanks for the information. It's interesting. I hope you will respond: It's been 6 months since you posted this. Are you still trading the "breakout microscalping", and is it still profitable? Thanks
@Xausd
@Xausd 2 жыл бұрын
dont understand.rephrase
@kate.b9581
@kate.b9581 2 жыл бұрын
The Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations.
@lawsonroland476
@lawsonroland476 2 жыл бұрын
You are absolutely right, investing in forex is the best decision I have made as I keep making profit with the help of my expert guidance
@donaldmicheal4421
@donaldmicheal4421 2 жыл бұрын
Trading under the guidance of an expert is the best strategy for newbies
@tylerelliotryan4097
@tylerelliotryan4097 2 жыл бұрын
I strongly advise you against self trading, it's dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market.
@ladaigor3642
@ladaigor3642 2 жыл бұрын
That's true most people today have been a lot of failures in forex and crypto sector because of poor orientation and bad experts
@georgemartin143
@georgemartin143 2 жыл бұрын
I will need some expert recommendations please as I really would like to invest invest in forex
@mariavalentinaliluemontes3570
@mariavalentinaliluemontes3570 3 жыл бұрын
Spectacular thanks a lot 🤗
@bricelavry9032
@bricelavry9032 3 жыл бұрын
thanks you very much, you are the best. your advice, changes my trading vision , i live in Côte d'Ivoire , west africa
@edgarallan6566
@edgarallan6566 3 жыл бұрын
my best recommendations is to get in contact with the only honest man that helped me with a good strategy and I just made my withdrawal and I'm so happy and grateful which I will highly recommend all to contact with him politely on edgarallen959@gmail.com, he will guide you
@ryanbyerly6948
@ryanbyerly6948 3 жыл бұрын
you can also reach out to my account manager on mail. shes the best. you can learn and earn from her strategies and she is alwaysb here to manage your accounts and watch your trades even when you are busy. she is the best. send her a mail at samanthawebbkaylacremin@gmail.com
@bricelavry9032
@bricelavry9032 3 жыл бұрын
@@ryanbyerly6948 can you send me your email adress ?
@bricelavry9032
@bricelavry9032 3 жыл бұрын
@@edgarallan6566 can you send me your email adress ?
@ryanbyerly6948
@ryanbyerly6948 3 жыл бұрын
@@bricelavry9032 samanthawebbkaylacremin@gmail.com you can send a mail to my account manager there.
@1Crypto
@1Crypto 2 жыл бұрын
I do not understand. in the beginning you say the catch is that there is no stop loss but in the actual trades you do place stop loss and take profit....may be i mis understood.. i am right in guessing that you do not use take profit but you do use stop loss.... you only use take profit manually for every trade and only after taking profit you set your stop loss?
@whathuh6965
@whathuh6965 3 жыл бұрын
I needed this video!!!!!!!!!!!!!!
@kelvinoscar363
@kelvinoscar363 3 жыл бұрын
I like your vid and your strong important view to 5pips Got you well mèrci mon frère
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Kelvin Oscar thank you and hello from the UK!
@kelvinoscar363
@kelvinoscar363 3 жыл бұрын
@@thebinarydestroyer9542 hey am from east africa friend i want to be ur friend if you won't mind
@randygoad3744
@randygoad3744 2 жыл бұрын
Excellent tip manage manage manage!!
@jaroslavschlauer6902
@jaroslavschlauer6902 3 жыл бұрын
Where can I get the arrow-indicator? And the channel indicator? :-)
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Jaroslav Schlauer thats the binary destroyer 8.0 www.fxlearning.com
@jaroslavschlauer6902
@jaroslavschlauer6902 3 жыл бұрын
@@thebinarydestroyer9542 thanks. But I cant see where I could download or purchase it on the page you sent me
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Jaroslav Schlauer the binary destroyer comes part of our courses. So you receive The Binary destroyer, and all the training support and updates to go with it. This is for life.
@luigibaldo103
@luigibaldo103 3 жыл бұрын
Thanks for the advice but i will continue to rely on experience to make me profits rather than bots.
@dirkoswald9102
@dirkoswald9102 3 жыл бұрын
I have been trading independently for 3 months and I am yet to yield profits can you guide and me?
@petemclean8415
@petemclean8415 3 жыл бұрын
If you are still a newbie you can always hire a special advisor
@alfiesimmons8586
@alfiesimmons8586 3 жыл бұрын
Luigi Baldo What trading pattern do you use? do you trade independently?
@jakewolfe1774
@jakewolfe1774 3 жыл бұрын
These so called indicators or bots do not even make you enough profits
@luigibaldo103
@luigibaldo103 3 жыл бұрын
Alfie Simmons I am also inexperienced that is why i rely on the experienced Con. Edwin Earl to make me profits.
@heathm2330
@heathm2330 3 жыл бұрын
Don't understand the parameters. What time frame do you trade? When do you get in? Do you use Bollinger bands or what? What are the rules?
@wavemaker2077
@wavemaker2077 3 жыл бұрын
Don't be too serious. No one trades and wins 99% of the time. If you see something like that, then what you see is photoshopped.
@plasmag1c
@plasmag1c 2 жыл бұрын
i have been to your site, is the BD 7.0 free forever once we enroll the course?
@thebinarydestroyer9542
@thebinarydestroyer9542 2 жыл бұрын
Yes our training, support and updates are free for life, once you become a BD member.
@DesignbyRazon
@DesignbyRazon 3 жыл бұрын
How do i join the BD family
@j1sluvme
@j1sluvme 3 жыл бұрын
I love it! I love it!! I love it!!!
@collinb8209
@collinb8209 3 жыл бұрын
Thanks man 👍
@bhp000
@bhp000 2 жыл бұрын
Yep. With 5 pips and a decent sized account. The lot size for your risk will pay off well.
@meekclick
@meekclick 3 жыл бұрын
most persons underestimate the power of scalping...this is exactly how i see the potential of market.
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
MEEK CLICK yes!!
@chrisyateswebdev
@chrisyateswebdev 2 жыл бұрын
Would you trade larger lot sizes based on the small amount of pips being taken ?
@jaytakeprofits2gmailcom83
@jaytakeprofits2gmailcom83 2 жыл бұрын
🤝ᴛʜᴀɴᴋs ғᴏʀ ᴡᴀᴛᴄʜɪɴɢ, sᴇɴᴅ ᴀ ᴅɪʀᴇᴄᴛ ᴍsɢ ᴛᴏ ᴍᴇ ʀɪɢʜᴛ ᴀᴡᴀʏ!!!🔝🔝 📈
@musterjones3639
@musterjones3639 3 жыл бұрын
What about stop loss?
@stenioasas1977
@stenioasas1977 2 жыл бұрын
I like your approach of 'closing 50% of your position at first TP and then move the SL to breakeven'. However, you are not mentioning that only 5pips SL will be very, very easy to hit first at every trade. So, your entry point should be extremely powerful to move you straight in the right direction for the majority of your trades. Do you provide such a powerful strategy, is that what are you trying to sell here in this video? Otherwise, I don't see any meaning here...!
@GLmig
@GLmig 2 жыл бұрын
I agree with you. This video is basically saying it's better to be a scalper than a swing trader. But good luck having a strategy that gives you the insane win rate that he showed in the beginning of the video
@TutorialTvOnline
@TutorialTvOnline 2 жыл бұрын
A great approach to long term 'scalping' or even swing trading is buy the highest resistance and the lowest support levels on forex. Whether you're starting with a 0.1 size or a 1.0 lot, you'll still be making big bucks... It's low risk with 1.8-2 pip moves or potentially 10 pips a day but your safe with this strategy.
@itsoktoberight4431
@itsoktoberight4431 2 жыл бұрын
That's why you use a mental stop loss, or wait a bit to apply TP and SL. I've noticed most entry positions usually have a liquidity clearout or stoploss hunt right after entry, wait for that then apply.
@mmhthree
@mmhthree Жыл бұрын
@@itsoktoberight4431 Lot's of times I use this word "buy" as well. What I mean in my head, and he's probably using it to say "execute a trade." But ya, as your post above me says Buy at lowest support you can find, sell at highest resistance.
@stenioasas1977
@stenioasas1977 Жыл бұрын
@@TutorialTvOnline TP at only 1.8-2pips? But if it fails, what you do with your SL?
@btoss1
@btoss1 3 жыл бұрын
What were the lot sizes of the trades the member took?
@btoss1
@btoss1 3 жыл бұрын
@Claus Smith Why do you ask?
@Dante150_
@Dante150_ 3 жыл бұрын
^^^
@pdm-vz8uq
@pdm-vz8uq Жыл бұрын
Ok…play a drinking game and take a shot every time he says “OK”. You’ll be passed out within 10 mins
@TheCommunist543
@TheCommunist543 Жыл бұрын
Hhahaha
@AJRcoin
@AJRcoin 3 жыл бұрын
Its not 1:3 rr if you close half position it changes from the orginal risk
@thebinarydestroyer9542
@thebinarydestroyer9542 3 жыл бұрын
Alex Robins true but I personally take 2 trades. I set 1 trade at a 1:1 and the other I use a trailing stop loss. So then it becomes a risk free trade and I could Potentially make 1:2 - 1:3
@anandasaad9091
@anandasaad9091 3 жыл бұрын
Looks impressive, mate. Although can not see if it is a demo or a live account...
@lukahnapeirogon8197
@lukahnapeirogon8197 3 жыл бұрын
Should not matter
@nobodynobody783
@nobodynobody783 3 жыл бұрын
What do you mean you closed half of your position. Does that mean you had one sell trade or two sell trades. When you made your 300 pips.
@jeanlouis647
@jeanlouis647 3 жыл бұрын
If you have $1 lot size you can close a partial of that trade and only leave $0.50 running in that trade. That's what's he meant.
@jamesnguyen2181
@jamesnguyen2181 3 жыл бұрын
I can't think of a more innovative way to earn from the financial markets (forex/stocks/crypto) other than having a professional handle trades on ones behalf
@craigrandall6324
@craigrandall6324 3 жыл бұрын
One thing is to start an Investment, another is to make sure you’re doing it with the right professional and on the right platform so you do not experience loss trading as an amateur.
@jessicahoyt9067
@jessicahoyt9067 3 жыл бұрын
Naomi Connor is an absolute legend. I've worked with her in the past, she's always on time with payouts, and she's very skilled and attentive to details. I 100% recommend
@dorrishenshaw1886
@dorrishenshaw1886 3 жыл бұрын
@@jessicahoyt9067 I’m curious, does she also sell signals? How does it work?
@jessicahoyt9067
@jessicahoyt9067 3 жыл бұрын
@@dorrishenshaw1886 She doesn't sell signals madam, she simply handles all trading operations on my behalf, and I get my payout at the end of each 7 day trading period. She's got a whole team of analysts too, her dedication and utter transparency are few of the things that have me coming back and re-investing from my monthly proceeds
@janetravolta9247
@janetravolta9247 3 жыл бұрын
Naomi Connor is an Exceptional trader, she always puts her clients first. And she always comes through with payouts on time. Herself and her team are to thank for the financial freedom I and my family now enjoy. Growing up as a foster kid, I wasn’t sure I’d make it this far in life, I owe Naomi Connor my life
@andrewchanda2592
@andrewchanda2592 3 жыл бұрын
What percentage of your account do you risk when making 5pips?
@jasiekhoang1905
@jasiekhoang1905 2 жыл бұрын
100%
@djerving
@djerving 2 жыл бұрын
@@jasiekhoang1905 WTF?
@jasiekhoang1905
@jasiekhoang1905 2 жыл бұрын
@@djerving Yes dude, thats possible, thats how i do it and im fine.
@jasiekhoang1905
@jasiekhoang1905 2 жыл бұрын
@@djerving and this is the part of this strategy, you will make money only if you put more on small take profit.
@davidmilligan4751
@davidmilligan4751 2 жыл бұрын
im a new trader and after doing research and trading on the crypto markets although 5 pip strategy can work for some markets it doesnt work for all of them and alot of the time the only person making profit is the exchange with their fees. take ethereum/usdt on the kucoin exchange the fees add up to 0.2% so you need to make more than the fees to make a profit now the minimum pips required is 6 that means that the price needs to rise by $6 to take a profit and that profit is very small about 0.1% on your account which is fine if your taking trades every minute but you wont be so a better ammount is 8 to 10 pips profit per trade you can make 0.2% on your trade account and do it 30 to 50 times a day on a spot trading account its not easy and you can set stop lose and take profit but as your chasing only 8 pips you can set limit orders to buy and sell although it works its not as good as they are claiming here i used to manually trade like this was making about $2 to $5 on a $1k account but risking all of that money is not easy in every single trade but you can be in and out of a trade in literally minutes some i would barely have a trade open 2 minutes before it was completed both buying and selling. The tiny profits add up over time but the secret to minimise loses is to not get greedy dont expect to alway hit a 10 or 15 pips every few minutes i know i used to spend up to 30 minutes just looking for the next entry point.
@jordanstubblefield7406
@jordanstubblefield7406 10 ай бұрын
Isn’t this extremely hard to do and more risky because the SL is so tight?
@gillesashley9314
@gillesashley9314 4 жыл бұрын
Hello Sir, I would like to know, which timeframe did he use for the 5pip strategy? Or which timeframe is best for 5pip strategy?
@MPlain
@MPlain 3 жыл бұрын
Something like this where the idea is to get in and get out fast you are dealing with using the 1 or 5. Being aware of the long term trend is a good idea as you could choose to play a little safer and only trade in favor of the trend. More likely to ride it longer as well. Still. with something so tight. trading against it should not really be an issue.
@babypipz769
@babypipz769 3 жыл бұрын
Great value
@AusFastLife
@AusFastLife 2 жыл бұрын
Nice description on the live chart from about 12:36. Do you ever trade live in your video. It is great to hear hours of theory, but I am dying to see people actually carryout the techniques they are describing. Otherwise I get the sense that videos are just cherry picking the perfect examples. It would be great to see experienced traders dealing with the unknown like the rest of us have to do every day.
@thebinarydestroyer9542
@thebinarydestroyer9542 2 жыл бұрын
Yes you want to join on our $100 challenge. We are doing a KZbin live together with everyone, and building a small $100 up together. We do this every week.
@AusFastLife
@AusFastLife 2 жыл бұрын
@@thebinarydestroyer9542 Yeah sure. Sounds good. Where do you do that?
@georgikrumov3895
@georgikrumov3895 3 жыл бұрын
Man said no Stop Loss
@albert7381
@albert7381 5 ай бұрын
The problem is the comision or spread.. for short trades
@averythompkins3682
@averythompkins3682 3 жыл бұрын
please turn from your sins and believe in THE LORD JESUS CHRIST and be baptised in THE NAME of THE FATHER of THE SON and THE HOLY SPIRIT if you haven't already
@srikanthdaniel2162
@srikanthdaniel2162 3 жыл бұрын
JESUS IS THE ONLY GOD AND SAVIOUR. PRAISE THE LORD
@slayarts7979
@slayarts7979 3 жыл бұрын
Best idea I’ve come across
@Mark-fy6ez
@Mark-fy6ez 3 жыл бұрын
What is his lot size? I think I saw $50 or $500 lot size! I might be wrong but I sure I am not.
@samuelroberts719
@samuelroberts719 3 жыл бұрын
I saw lot sizes of 1.00 5 pips $50 10.00 5 pips $500 20.00 5 pips $1000 50.00. 5 pips $2500
@Andrew-bb6it
@Andrew-bb6it 3 жыл бұрын
Greetings mate I’m from Texas,. I just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Andrew he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him on Andrewwilliamq1@gmail.com) he is very honest and trustworthy he will guide you to make consistent profit
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