Before Placing Your Next Trade, Try This.

Trading is risky, and most people lose money.
My Free Telegram Channel is now private, and has over 60,000 members, and can only be exclusively joined at this link: t.me/+TDVdM80j9lGfaWiP
Follow my trades, get coaching, hangout with the MFX group: www.missionfxtrading.com
FTC/CFTC Risk Disclaimer - Please read this so you're 100% aware of the extreme risks associated with any type of trading and investing.
I’ve said for years and years and years - trading is extremely risky, and most people will lose all the money they try to trade with - even the people who follow the information I provide. Trading is a skillset that is difficult to learn, and I make it look easy because I’ve been trading for 7+ years. As with any high performing skillset in life, trading is NOT easy.
Your likelihood of consistently making money trading is abysmally low, whether you learn on your own or whether you follow the things that myself or others teach.
It’s like becoming a doctor, many people start pre-med and medical school, but only a tiny fraction of them succeed and actually become doctors. The average success rate of trading is even worse that that! Becoming a doctor is obviously not for everyone, and becoming a trader is obviously not for everyone, too.
I (and my company, MissionFX, LLC) make NO guarantees/promises/express direct or indirect representation that you’ll achieve any specific result trading, regardless of whether you’re following my free or paid content.
I’m just some random guy on the internet who is sharing what’s worked for me - I have no clue what will work for you because there are a million contributing factors that will determine whether or not you will make money trading.
Do NOT take into account any information that I share anywhere on the internet as the basis for your trading decisions. I’m not responsible for your success, nor am I responsible for your failures.
Read the full risk disclaimer on my website below, so that you’re 100% aware of the risks associated with trading - then you can make an informed decision as to whether or not you want to continue following any of the information I share (or continue to pursue trading in general).
HTTPS://www.missionfxtrading.com/terms

[@NickShawnFX]

Look over my shoulder and watch me trade live in my super private super yum free Telegram channel - t.me/mfxpublic

[@islandmystify]

Id like to see how you deal with market open. You prolly have that vid. In ur conpendium of trading libray somewhere. Great stuff though nick

[@WaldemarBiernacki]

Thanks Nick. I watch your Telegram and really admire you for helping people to grasp trading in simplest possible way and have fun at the same time. You are patient and honest.

[@deborah5710]

Nick you've helped me so much

[@igorllll]

where is that LIVE trading in the free channel ???

[@malrberrymillions]

Live Streams, Live Trades, Live Results.

[@yahdood6015]

“Why’d you get in?” “Because blinky line touch squiggly dot.”

[@thatnoobtrades]

for anyone that wanted the questions for their trading journal like me 😁 1. why are you taking this trade ? 2. what are you risking ? 3. what’s your plan if it goes against you ? 4. what’s your plan if it goes into profit ? 5. do you accept these potential outcomes ?

[@nebojsastevanovic4367]

1:30 loooool,I was waiting for this moment 🤣🤣🤣

[@mangakasaide2166]

That shit hits different when you are familiar with all of them 😂😂😂

[@melvynburchell]

Yet again it is a wow moment! I arrive here and the first thing I observe - No KZbin ads! That should speak volumes to everyone that watches because that means no KZbin monetization. So then the question becomes - Why? That is a very valid question that all of your viewers should be asking themselves. Everyone will answer that in their own way but what should become apparent very quickly is why someone would do this, spending a great deal of their own time devoted to this route. Of course everyone has their own 'upsell' and yours you even state is not really necessary! So hardly pushed at all - indeed I get the impression that everything is already included in your publicly watchable videos and Telegram channel! The more I watch the more I get your message - which is fundamentally the same throughout. Much though I love wagyu beef I realise none of that fluff is going to create a great trading strategy. So back to the basics of Supply and Demand to present a market structure - it makes perfect sense! Thank you Nick for hitting me with what should have been the blindingly obvious!

[@WiseFoolTrading]

Great comment brother, in a similar position myself, I'm going to implement this style of trading on a different account now! How has it been going for you??

[@thaboabisinia8958]

Nick your are the most honest person. After trading three years unprofitable because of your advice im now break even trader and im working to be profitable. Thanks!!!!!!!

[@jonathanspeltri]

I really like your videos and they are making a massive difference in my life. Thanks bro…

[@Gabriel4Drummer]

Thank You so much Nick :)

[@oscarml9679]

Nick, I just want to say, thank you very much. You bring a calmness to this market. I appreciate you 💯

[@DarkKnight-fx1ei]

This is the game. Learning how to scale in will make a major difference. Risk management is everything. Real information no fluff with dry humor. Great job Nick.

[@johntooth1886]

Thanks for logic.

[@philishamcbride]

You have me cracking up every video! Thank you for adding sarcastic humor to valuable content! 💌

[@bobvalley2221]

Millionaire trader and comedian! Amazing. Thanks buddy.

[@magazinesinc.kingmelogisti8821]

Peace to the family. Love the channel, keep 🚀 🏆 🔥 🏆

[@user-cz7zh7ms5g]

I love this content very useful thanks

[@pieterjooste2339]

What an Amazing Video!! Thanks Nick. I have been looking over your shoulder and became profitable.... now saving up for you close friends lifetime member. Love your work!! Much Respect!!

[@placebo64]

If your trading skills are like your sense of humour then I’m definitely in! 😄

[@user-wp4xv6ti3d]

Thanks Nick, nice Hair yo

[@3hub5386]

I can always depend on you for a laugh. Thanks man. And just to acknowledge your RIGHT 💯

[@rushbegi4945]

@5:44 Nick, you are my hero. Finally, someone had the balls to explain the difference between trading and gambling…NOT A DAYUM THING!!! All these elaborate mind-f’s about trading isn’t gamble because of XYZ is disingenuous at best and down right lies at most. Trading isn’t Newtonian Physics. As long as there is risk to invalidate your hypothesis, you are making an assumption, no matter how “ educated” that assumption may be. It’s a guess…gambling: to do something that involves risks that might result in loss of money or failure, hoping to get money or achieve success. From the Cambridge Dictionary. So again, thank you dear sir for exposing the lie that trading isn’t a form of gambling. It’s similar to betting on your favorite sporting team or the horses. 🎉

[@jonathanlee5185]

Thanks

[@korifx1999]

Thank you sir, simplicity is luxury in trading.

[@GlobalExclusivesJapan]

I like this guy 😅 . Excellent explanation

[@thecryptonoob9820]

Been Waiting All Day For This! ;)

[@helpvid]

This guy is simply THE TRUTH

[@JayBeeProduction]

Thanks for changing my life sir

[@drleo6409]

I enjoy your arrogance AND your humility . Good reminder. Sideways .. get out and wait for a trend .

[@niandralade]

Nick, i can inform u on every entry of u thoughts u make to me. Just thx you for u as a thoughful human. Keep up this precious mind Yahweh gave to you. Thx u take care about and wanna help.

[@itallomagalhaes6621]

thank you Nick for explaining trading journals and not fair value gap distribuition RSI divergence smartmoney ordeblock liquidity spike volume profile wagubinwaguban anyway great video man

[@MihaiuStaub]

Nick your videos are super practical and funny lol, thank you for always keeping it up. I have an inquiry if I may: I think it would be really awesome and helpful for all of us who don't have much money to trade with, to watch you take on the challenge of passing and maintaining a big prop firm account with your system and stoploss (even if you think it's dumb)

[@wernerherrmann]

FINALLY!! Someone who agrees you can go broke taking profits. I know, that's where i am. Small wins, bigger losses... YOU LOSE!!

[@AlexTheTraderr]

Mental issue.

[@morris7745]

yeah its simple math

[@thelarry383]

if you take small wins as your strategy, then likely your win rate is also way higher. It's all a balance based on your personality

[@morris7745]

@@thelarry383 exactly

[@nazriali215]

Remember, 10 times on small 5% winning trades will give you 50% profits. Much easier to get rather waiting for a big bull run to get 50% profit on 1 trade.

[@Amelia94411]

*Excellent !!! I really do have a question. For someone with less than $10,000 to trade, how would you recommend we enter into trading ? I am looking at studying some traders and copying their strategy rather than trading myself and losing money emotionally. I would greatly appreciate any suggestions.*

[@Amelia94411]

I'm a beginner where can someone reach Mr Morris.

[@ChangChao454]

Trading as a beginner is quite stressful and discouraging but I'll linking up to your coach. This is useful info❤

[@PhilipWood-eo6fn]

Wow!!! I'm not shocked that you just mentioned and recommend Mr Morris. I learn and earn through he's analysis. Which speaks volumes about him

[@BevarlySofia]

Mr Morris understanding of market indicators is impressive. He knows exactly when to enter and exit trade for maximum profit. He's signals are top notch

[@elionahmeti2905]

nick i have been following you for a very long time and i wanted to ask what are your favorite forex markets to trade or futures and other stuff. much love and keep up the great work ❤❤❤

[@miroslavkuka489]

Nick what indicator are you using that is showing you profit and loss lines you can adjust as well as entry price - in your videos

[@robertbusso6859]

Retired 2019. From then on I've dedicated a lot more time to technical analysis. You are right about there being an excess of unnecessary information out there. The process of elimination can span years during the development of a technique with a high P/L. I think extended research of technical analysis leads to a higher P/L. Some people settle for a low P/L because it is profitable, and they put it on autopilot without knowing they can do better. It is after all an effort to attain a Master's Degree.

[@iz3bad]

Nick doing a really profound work here ,so many content trading channels couldn’t do … cleansing the space out of complexity. Which is just illusions created for marketing purposes….🔥respect

[@MalindaDBRasingolla]

Nick your videos have been really helpful. Thank you for your education. Can you demonstrate in back testing mode. If possible that will be a great learning opportunity. Thank you

[@pauld7412]

Search in KZbin for Trading View Bar Replay That will give you what you want. Note that the free version of Trading view won't give you bar replay in anything shorter than daily charts. So, use that if your at the start of your journey and aren't ready to pay for TV yet.

[@Daninreallife247]

Thanks to you Nick I’m back giving 2% of a crap again 🤙🏼..and at the very least I have a good laugh.

[@kimbryiellimbaga977]

you make me laugh man thanks

[@mcobanoglu]

He's one of a kind , you like him waching unintentionally for unknown reason , he's the one of a kind able to combine fun and trading together ... Keep up mate , you rock .

[@kerosfermucit5219]

I like it

[@nelliemillan4627]

Common sense HAS WORKED FOR ME in my life . & I'm not giving up on learning options

[@user-dc7qp2kp2u]

🎉 love from India

[@thecryptonoob9820]

Like your humor.

[@anthonysaravanos4722]

Hi brother,nick,i m really see your mind thinking and i have same ideas about things.I leave in europian community so i wanna ask u Wich platforms you think that they reliable..as much thats possible,and if is better to use American platforms..i don't know that much?Thank you in advance

[@synju]

Nick, I hear what you're saying.. I just have one question.. regards slippage.. if I have a buy and its going up.. its in the profit.. then I wanna add another buy.. my problem is the new buy will immediately be in the red.. and I'll have to wait until the ticker catches up to it.. all this because of slippage..

[@JohnQ85]

You can either flip a coin and enter, or you can flip a thousand coins and then count how many heads and tails there were then go with the side that flipped the most.

[@optimalorlando]

Ultimate degan lol peeped that algo... just took profits from .13 to .22 cents, let's go!

[@davefortenberry366]

Greatly appreciate your perfecty bite sized servings of great and useful information my man.

[@rajgill3105]

Nick, what time frame you mostly monitor your trades once you are in a trade.

[@devinpanganiban6748]

Your the f%$king man 🙏📈

[@PrimalTrades001]

Nice one, Nick 🎉

[@actoutcomedy8995]

This video and info. is absolute gold. I trade SPY options but should probably scale back my size until I'm more comfortable. I tend to get scared out during pullbacks. But looking back, I should have stayed in, or even added to my trade. Thanks for sharing your wisdom.

[@abel4776]

But options is buy once cry once, can't lose more than what you purchased the contract for. What you have to worry about options is, time. If market doesn't move as fast as it should to ITM, then it will hurt you.

[@Raise_of_d7kawy]

My idol ❤️ , have question for you What is the best session and why

[@user-8i8anibba9k]

I know yall probably heard this question a million times and um sorry, but, for me as a beginner should I practice on currencies or synthetics? Or just any, btw um new here

[@JayHennigan]

I love listening to your experience of trading and the often tongue-in-cheek humour that goes with it. You're a great man and your teachings/ideas are like a gust of goldust heading my way, very savourable. Thanks so much for the advice in this and your other videos, I can honestly say I take inspiration from what you say in each video, it's valuable to me. Cheers brother! 🚬 😊👍

[@major768]

Bro so simple yet effective. Shame you don’t trade S&P or id be joking your discord

[@lazrich]

the hardest wagyu beef phrase i've ever seen, I played this part once again with the loudest volume i had

[@yourlittlefriend-ub3fk]

how do you trade crypto?

[@olavo2014]

Wagyu beef bullish candlestick 🤣would like to try that strategy, sounds profitable 🤑

[@quicklaugh3977]

You’re just an amazing human❤ this is how I approche the market 📊💯

[@tntvans]

My man just said soft soap 😂 point taken.

[@johnnyoliveira1342]

Thanks for the signal today gbpjpy was perfect sell 👌 🙌 👍🏼 you the 👌 👍🏼

[@MiniWhale81]

What to say other then tremendous😁 Thanks Nick!

[@timoS641]

Nick have you read Best Loser Wins? Assuming so but if not, thank me later.

[@aaronkruiniger6002]

Hey nick, i wanted to ask you if you still recommend hedging

[@JulieJackson488]

Yes but it's not possible to hedge if you use leverage. You would get liquidated. So it's best to cut loss short.

[@darrineagle3450]

So I'm supposed to fire a gun in the air before I open my trades?

[@mellokallos3250]

Please please can you cover all those other strategies 😂😂😂😂😂❤

[@nelliemillan4627]

I dont even know how to close the position, so after i learn how to make 1 dll profit then i will try to learn how to add to winning positions . Thank you 😊❤

[@JuicedMoose]

January daily chart was bad across the board. Everything was sideways and that was nickel and diming me to death. Feb still stii not great so im sitting aside until things start moving. Gold has been the worst.

[@sciencewizard8805]

I think the doubling down on winning trades probably can be goo; probably takes practice to make sure you don't always do it right before a retest of your position. I think closing losing trades is easy, but it'd hard to think of it as successfulfuly protecting yourself from risk, instead of an example of losing, which is what it feels like. Especially if you do it a few times, or price bounces and you get back in and then out at another small loss. If you think your not just hopelessly flopping and groping out of emotions, you can even get back in the same trade you got out of. If you want to take less risk, and have a long idea, put your entry so low it might not even get hit. Now you might miss the trade, but your risk to reward ratio is better. No skill required.

[@BKX369]

wagyu beef im dyinggg 🤣🤣

[@shimizu67]

Hey nick, do you often hold trades over night? I'm still trying to figure out if it's worth it or not. I did hold it once and there was big gap past midnight that munched on my profits quite a bit.

[@tradewithshaked]

Same same new name, but still the best trading videos

[@dodgeholls5018]

Wagyu RSI with extra cheese on the Golden Ratio Baconator... All the way.

[@nazriali215]

And don't forget MACD Cheese Burger.

[@jimmy1017]

Today I screwed up and added to my position right before the news event and made 32% of my entire account balance. Thanks brother for another great call

[@propdoctoor]

Hii Jimmy you can join us for profitable signal

[@matimematime2867]

You forgot rackoon 🐻 cup handle 😂😂

[@user-ii3cp7ot3s]

5:15 ive been practicing this im demo so now I know when to get out for a small loss. So ive been keeping my losses small and winners bigger.

[@torreshondaguy]

This is my exact issue an I'm so so so ticked off with my self. Can read the chart ok can identify levels calculate my stop but seem like the second I c the trade stalling I get out but not making enough to cover the losses furious because I'm not new trader I know more than I did when I started 5 years ago but still can't make money so mad that I bail out my trades to soon like gold futures today just no words cuz I know better

[@robmccoy5207]

Fees, commission, swaps, and taxes will eat up every bit of those tiny little profits. And to winning trades, or do a dragging stop loss.

[@PaulPortaleos]

pulls the glasses down "wagyu beef bullish candle stick fair bvalue bank manipulation"😂

[@patricktoth-meyers5044]

Nothing like trading with a peanut brain ❤️💛💙💚

[@ghandidaniel]

wagyu beef closure lmao

[@juliansiuksta2805]

BTW, do you suspect that the forex markets might be rigged? Case in point is the USD/TRY. The chart looks like pre-programmed bots are making the trades in unison. And about every now and then a massive bearish test bar.

[@andrewjankowski5153]

Shaking n sweating 🤣🤘

[@felixprange4738]

What news events would you close your positions before, or at least secure them

[@stegaaa2182]

I hang out in the live sessions everyday and we usually hold through the news. They usually act as a catalyst for the trade by causing a big spike in either direction. You should get out if you want to trade with a hard stop loss because you might get wicked out.

[@stegaaa2182]

At least if they are classified as High impact news.

[@felixprange4738]

which ones are classified as high impact news?

[@johnkennedy2524]

First 🎉

[@marshallhughg]

Yo wtf Nicky Shawn BroOoooOOoo we have the same trading view color scheme Purple to Black. Fuck yeah

[@sam56094]

Nick you been going crazy lately and I’m catching your energy to go crazy in the markets . Have you ever traded indices ?

[@simonredfern1663]

Honestly I find that using the ICT fair value distribution Oscillation of the RSI whilst eating Wagyu beef strategy works really well as long as you only target 1:4.64RR risking 0.97886% so don't listen to Nick! Ps whilst I've got your attention please go back on Cams podcast real soon. 😚

[@tajjthegod215]

W

[@sarkispoyrazian4245]

Brah, I don’t know how you’re not a comedian? Australian fundamentals.. 😂

[@darksight9158]

😂😂😂😂😂 bro switched from serious to a wagyu beef phrase

[@not_matyas]

Just made profits by adding to winners and cutting losses short + abandoning wagyu beef inner bar supply fair value gap liquidity maniupulation new york session :)

[@patricktoth-meyers5044]

Very Hormozi esque. Super cool. Please never stop the smart money concepts joke. It's so much more valuable than the real thing.

[@captainjimbo3664]

"people will think you used softsoap to write that sentence because of how sqeaky clean it is". Classic.😂

[@oliverkimbi8590]

If you want to see Nonsense and aimless strategy complication in Trading, check the so call ICT concept.

[@ibrahimatar1961]

02:11 Why are you taking this trade? 03:59 What are you risking? 04:54 What's your plan if it goes against you? 07:17 What's your plan if it goes into profit? 12:54 Do you accept these potential outcomes? 14:13 Just listen to that millionaire bald man.

[@jasonunruh9605]

dude always makes me laugh

[@BankBlitz818]

Would this work on crypto. I feel like it works better for forex?

[@CH-bp3bj]

Crypto trends go way further and harder than forex and the stock market so adjust from there. Back test something like this or even more simple. Breakout Strategy Rules -1D Timeframe Price is above all MAs 7/30/100 Recent Higher Highs and Higher Lows (Up Trend) Clearly Mark Support and Resistance Zones Price Clearly Breaks and Closes Above Resistance Zone -4h Timeframe Price is above all 3 MAs Price is in a clear uptrend -1h Timeframe Price is above all 3 MAs Keep in mind what BTC is doing because that's what moves the market. Learn how to manage the trade once you get in. Good luck bro!

[@BankBlitz818]

Thank you so much bro! @@CH-bp3bj

[@JayHennigan]

Great question. I trade crypto very rarely myself, but I''d say yes it will work on crypto. Why not test Nick's general strategy on your selected crypto pairs to give yourself a good idea of how it will go in live trading. Of course, a back (and forward) test is not a guarantee it'll work in live markets, but it'll give you a decent indication of how it might work in conjunction with good psychology and risk management. Good luck 👍

[@BankBlitz818]

Appreciate it bro! @@JayHennigan