Look over my shoulder and watch me trade live in my super private super yum free Telegram channel - t.me/mfxpublic
@islandmystify10 ай бұрын
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
@WaldemarBiernacki10 ай бұрын
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.
@DebsTrading10 ай бұрын
Nick you've helped me so much
@igorllll10 ай бұрын
where is that LIVE trading in the free channel ???
@malrberrymillions10 ай бұрын
Live Streams, Live Trades, Live Results.
@yahdood60157 ай бұрын
“Why’d you get in?” “Because blinky line touch squiggly dot.”
@thatnoobtrades10 ай бұрын
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 ?
@gustaw8877Ай бұрын
bro, adding to winning trades instead of closing them early is actually such a good advice i watched this vid today and later took some loses while trading but then i remembered what you said and it actually helped me a lot!
@DarkKnight-fx1ei10 ай бұрын
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.
@rushbegi49459 ай бұрын
@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. 🎉
@melvynburchell10 ай бұрын
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!
@WiseFoolTrades6 ай бұрын
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??
@helpvid8 ай бұрын
This guy is simply THE TRUTH
@thaboabisinia895810 ай бұрын
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!!!!!!!
@nebojsastevanovic436710 ай бұрын
1:30 loooool,I was waiting for this moment 🤣🤣🤣
@mangakasaide21665 ай бұрын
That shit hits different when you are familiar with all of them 😂😂😂
@havwiscable41993 ай бұрын
Literally why I watch his videos 😂
@thedonsolatorio4545Күн бұрын
Waiting for it in every video without fail…😂
@oscarml967910 ай бұрын
Nick, I just want to say, thank you very much. You bring a calmness to this market. I appreciate you 💯
@robertbusso68598 ай бұрын
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.
@S.A3072 ай бұрын
Bro you may not be aware of that but i can say you change my entire life 😭 ❤
@drleo640910 ай бұрын
I enjoy your arrogance AND your humility . Good reminder. Sideways .. get out and wait for a trend .
@bobvalley222110 ай бұрын
Millionaire trader and comedian! Amazing. Thanks buddy.
@itallomagalhaes662110 ай бұрын
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
@GlobalExclusivesJapan8 ай бұрын
I like this guy 😅 . Excellent explanation
@nelliemillan462710 ай бұрын
Common sense HAS WORKED FOR ME in my life . & I'm not giving up on learning options
@magazinesinc.kingmelogisti88218 ай бұрын
Peace to the family. Love the channel, keep 🚀 🏆 🔥 🏆
@wernerherrmann10 ай бұрын
FINALLY!! Someone who agrees you can go broke taking profits. I know, that's where i am. Small wins, bigger losses... YOU LOSE!!
@AlexTheTraderr10 ай бұрын
Mental issue.
@morris774510 ай бұрын
yeah its simple math
@thelarry3839 ай бұрын
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
@morris77459 ай бұрын
@@thelarry383 exactly
@nazriali2156 ай бұрын
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.
@placebo645 ай бұрын
If your trading skills are like your sense of humour then I’m definitely in! 😄
@pieterjooste233910 ай бұрын
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!!
@jonathanspeltri6 ай бұрын
I really like your videos and they are making a massive difference in my life. Thanks bro…
@3hub538610 ай бұрын
I can always depend on you for a laugh. Thanks man. And just to acknowledge your RIGHT 💯
@iz3bad10 ай бұрын
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
@philishamcbride10 ай бұрын
You have me cracking up every video! Thank you for adding sarcastic humor to valuable content! 💌
@optimalorlando10 ай бұрын
Ultimate degan lol peeped that algo... just took profits from .13 to .22 cents, let's go!
@Amelia944119 ай бұрын
*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.*
@Amelia944119 ай бұрын
I'm a beginner where can someone reach Mr Morris.
@FRANKCHIBEX9 ай бұрын
Trading as a beginner is quite stressful and discouraging but I'll linking up to your coach. This is useful info❤
@PhilipWood-eo6fn9 ай бұрын
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
@BevarlySofia9 ай бұрын
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
@babafemie4576Ай бұрын
kinda sensing weird marketers here
@JayBeeProduction10 ай бұрын
Thanks for changing my life sir
@JohnQ857 ай бұрын
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.
@actoutcomedy899510 ай бұрын
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.
@johntooth18868 ай бұрын
Thanks for logic.
@jimmy101710 ай бұрын
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
@propdoctoor10 ай бұрын
Hii Jimmy you can join us for profitable signal
@sciencewizard88058 ай бұрын
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.
@robmccoy520710 ай бұрын
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.
@mcobanoglu10 ай бұрын
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 .
@korifx199910 ай бұрын
Thank you sir, simplicity is luxury in trading.
@nicksterino48714 ай бұрын
Nick you are the best which i have ever seen bro, thanks for everything what you doing and i wish speak to you live, LOVE YOU BRO !!!!
@JuicedMoose8 ай бұрын
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.
@johnnyoliveira134210 ай бұрын
Thanks for the signal today gbpjpy was perfect sell 👌 🙌 👍🏼 you the 👌 👍🏼
@RolandWolf-h9m10 ай бұрын
Thanks Nick, nice Hair yo
@MihaiuStaub10 ай бұрын
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)
@tntvans9 ай бұрын
My man just said soft soap 😂 point taken.
@major7689 ай бұрын
Bro so simple yet effective. Shame you don’t trade S&P or id be joking your discord
@anthonysaravanos47229 ай бұрын
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
@Gabriel4Drummer10 ай бұрын
Thank You so much Nick :)
@nelliemillan462710 ай бұрын
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 😊❤
@MalindaDBRasingolla10 ай бұрын
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
@pauld74129 ай бұрын
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.
@yourlittlefriend-ub3fk10 ай бұрын
how do you trade crypto?
@dodgeholls501810 ай бұрын
Wagyu RSI with extra cheese on the Golden Ratio Baconator... All the way.
@nazriali2156 ай бұрын
And don't forget MACD Cheese Burger.
@riggiebliss453710 ай бұрын
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
@RS-qs3ew10 ай бұрын
As a newbie you’ll need to invest in a company that is working towards sustainability, like that of expert Angela Mae McClain, and her abilities in handling investments are top notch
@AnkurJadhav-j2e10 ай бұрын
🎉 love from India
@Daninreallife24710 ай бұрын
Thanks to you Nick I’m back giving 2% of a crap again 🤙🏼..and at the very least I have a good laugh.
@not_matyas10 ай бұрын
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 :)
@MartinCoté-r1v10 ай бұрын
I love this content very useful thanks
@presleyy6010 ай бұрын
the hardest wagyu beef phrase i've ever seen, I played this part once again with the loudest volume i had
@Raise_of_d7kawy10 ай бұрын
My idol ❤️ , have question for you What is the best session and why
@patricktoth-meyers50449 ай бұрын
Nothing like trading with a peanut brain ❤️💛💙💚
@olavo201410 ай бұрын
Wagyu beef bullish candlestick 🤣would like to try that strategy, sounds profitable 🤑
@ラッセル972810 ай бұрын
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.
@simonredfern166310 ай бұрын
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. 😚
@jonathanlee518510 ай бұрын
Thanks
@Paul13P10 ай бұрын
pulls the glasses down "wagyu beef bullish candle stick fair bvalue bank manipulation"😂
@torreshondaguy10 ай бұрын
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
@synju10 ай бұрын
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..
@elionahmeti290510 ай бұрын
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 ❤❤❤
@thecryptonoob982010 ай бұрын
Been Waiting All Day For This! ;)
@aaronkruiniger600210 ай бұрын
Hey nick, i wanted to ask you if you still recommend hedging
@JulieJackson4889 ай бұрын
Yes but it's not possible to hedge if you use leverage. You would get liquidated. So it's best to cut loss short.
@mellokallos325010 ай бұрын
Please please can you cover all those other strategies 😂😂😂😂😂❤
@kimbryiellimbaga97710 ай бұрын
you make me laugh man thanks
@ibrahimatar196110 ай бұрын
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.
@miroslavkuka48910 ай бұрын
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
@matimematime286710 ай бұрын
You forgot rackoon 🐻 cup handle 😂😂
@StoicTrader-nz9kq3 ай бұрын
You forgot to mention the ichimoku kukurikapoo indicator :)
@niandralade10 ай бұрын
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.
@BoazPlants10 ай бұрын
Same same new name, but still the best trading videos
@JayHennigan10 ай бұрын
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! 🚬 😊👍
@kerosfermucit521910 ай бұрын
I like it
@user-8i8anibba9k10 ай бұрын
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
@captainjimbo366410 ай бұрын
"people will think you used softsoap to write that sentence because of how sqeaky clean it is". Classic.😂
@juliansiuksta280510 ай бұрын
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.
@ghandidaniel10 ай бұрын
wagyu beef closure lmao
@thecryptonoob982010 ай бұрын
Like your humor.
@Bnice310 ай бұрын
Nick, appreciate you're free channel but your private services like the close friends group etc is just too expensive and if you already make so much why charge an arm and a leg for this service😢
@timoS64110 ай бұрын
Nick have you read Best Loser Wins? Assuming so but if not, thank me later.
@BKX36910 ай бұрын
wagyu beef im dyinggg 🤣🤣
@jayjohnson97299 ай бұрын
Dude really wants to fire a handgun in the air
@rajgill310510 ай бұрын
Nick, what time frame you mostly monitor your trades once you are in a trade.
@darrineagle345010 ай бұрын
So I'm supposed to fire a gun in the air before I open my trades?
@VitalPranaPsychicTarotАй бұрын
So why not just do this for instance let’s say I have a risk reward ratio of risking $22.50 and then my reward is $30.00 this way by default my winners will be bigger than my losers
@marshallhughg10 ай бұрын
Yo wtf Nicky Shawn BroOoooOOoo we have the same trading view color scheme Purple to Black. Fuck yeah
@aggerleejones20010 ай бұрын
Haha... "You never go broke taking a profit" That's exactly how you do go broke.
@andrewjankowski515310 ай бұрын
Shaking n sweating 🤣🤘
@devinpanganiban674810 ай бұрын
Your the f%$king man 🙏📈
@brounkii10 ай бұрын
Guys just listen to Nick and apply it onto charts. I'vr been profitable for 2 months straight only when i ignored the extra knowledge i got from other people about trading. The only thing i dont apply yet is the adding to winners part but will do eventually. Wasted so much time on things that shouldn't, it's only support resistances and trends. So much people have no clue what they are talking about omg😂
@darksight915810 ай бұрын
😂😂😂😂😂 bro switched from serious to a wagyu beef phrase
@inthezone20237 ай бұрын
Am trading beef nowadays😂😂
@patricktoth-meyers504410 ай бұрын
Very Hormozi esque. Super cool. Please never stop the smart money concepts joke. It's so much more valuable than the real thing.