Forex Leverage: 90% Of Beginners Make This Mistake When Trading With Margin...

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The Trading Channel (The Trading Channel)

The Trading Channel (The Trading Channel)

Күн бұрын

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A full guide to margin trading in Forex. How to avoid margin calls and what does "insufficient margin" even mean? All of that answered in one short video! Enjoy!
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In this video, Steven shares what currency pairs you should focus on if you are a beginner in Forex Trading.
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Пікірлер: 259
@thetradingchannel
@thetradingchannel 3 жыл бұрын
EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - support@thetradingchannel.net PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven
@arturKrzyzak
@arturKrzyzak 2 жыл бұрын
Scaaamm
@KevinSanchez-lt6ds
@KevinSanchez-lt6ds Жыл бұрын
I like math, for me what helped me out is finding the equation, pretty simple. Risk/pip=amount per single pip then just see how many contracts of micro mini or Standard fit into that. Example: 21$ risk and 7 pip risk ²¹/⁷= 3$ per pip. Mini = 10,000 =1$ per pip so . $3/1 = 3 3 mini = 30,000 Hope it helps
@Unapologetically_Christian
@Unapologetically_Christian Жыл бұрын
Thanks munch need God bless you
@203peezy
@203peezy Жыл бұрын
saved me bro thanks
@hassanharunayakubu7866
@hassanharunayakubu7866 10 ай бұрын
Thanks
@mahkishouma314
@mahkishouma314 9 ай бұрын
thanks dude!
@NOBLEFILMS1987
@NOBLEFILMS1987 5 ай бұрын
HUH?!
@Jenisha0012
@Jenisha0012 3 жыл бұрын
Hey mate .. Im a long time follower.. When I started following you there were couple of thousands followers..and now close to 1m And seeing you grow ,it really makes me happy too ..keep up the good work man Have a good trade man .. And thanks for the awesome knowledge that you’re giving for free People like us need you .. Have a great trading ..good luck
@TradersLanding
@TradersLanding 3 жыл бұрын
I get comments on my channel about leverage and you explain it so well. I added this video to one of my playlists, I think my viewers will find it extremely helpful.
@16barx
@16barx 2 жыл бұрын
Nah this is hella confusing
@S_Agni
@S_Agni Жыл бұрын
@@16barxcmon😂
@Im_the_mom
@Im_the_mom 11 ай бұрын
I’m Taking notes right now , my brain hurts but I get every bit of what your saying a Big thank you for these lessons. 🙏🏼
@Anonymous69700
@Anonymous69700 6 ай бұрын
Same but we gotta keep pushing
@EzamZaman
@EzamZaman 4 ай бұрын
this is the first video on you tube that explained margin so well. I actually understand now yayyyyyyyyyyyyyyyyyyyyyyyyyy! Also calculating risk management at 2% which is a sensible stop loss to make, thank you!
@Simba.Luna.
@Simba.Luna. 3 жыл бұрын
If you don’t want to think about micro lots or mini lots and all that, just multiply you pip size by 10,000 and that will give you right away how many units of currency you need. Just multiply it by 10,000 and you’ll never have to say “how many micro lots or mini lots do I need?”
@elijahseriki7949
@elijahseriki7949 Жыл бұрын
What about people with an acc of 50dollars or less
@shplak508
@shplak508 Жыл бұрын
Yay or Nay? Please correct me if I'm wrong: 10,000 units = $1.00/pip 1,000 units = $0.10/pip (every 100 units = 1 penny) For a 5 pip SL to equal $10 risk requires 20,000 units. MATH: $10 / 5 pips = $2.00/pip = 200 pennies = 20,000 units For a 50 pip SL to equal $10 risk requires 2,000 units. MATH: $10 / 50 pips = $0.20/pip = 20 pennies = 2,000 units
@seapilot640
@seapilot640 3 жыл бұрын
He is adorably inspiring to traders besides his just genius sense of teaching. There’s nothing I don’t understand when I watch you. Thanks for keeping it real and simple as always .God bless U
@mcjoewyatt
@mcjoewyatt Ай бұрын
Just the video i needed. I appreciate you taking the time to break this down for us. Thanks!
@olaworesundayakinola4528
@olaworesundayakinola4528 3 ай бұрын
Thank you so much Steve. This has been greatest headache. Understanding margin % , margin level and stop out. I need to know more about this.
@michaeloyaro6041
@michaeloyaro6041 2 жыл бұрын
11:15 Steve I just laughed out loud at myself remembering how my trade couldn't go through yesterday with the 5 min and 30 min charts. Even before this video ended I couldn't wait to go place my next trade, but I'll do it later. Thank you so much Steve. Thank you all the way from Kenya!
@felipemonsalve
@felipemonsalve 4 ай бұрын
Great explanation! Equations aside, I only don't get the logic of why I would need less currency units for a bigger stop loss.
@quincybaker4615
@quincybaker4615 Жыл бұрын
This is why I shy away from forex as a beginner trader I don’t understand (any) of this
@LukeEllisFX
@LukeEllisFX 3 жыл бұрын
Good Content 👍🏻. I personally have never been margin called but this is great for anyone new out there. It has taken me just over 2 years to become consistently profitable. I would not change the journey at all I love trading to my core. Any trader out there seeing this keep up the work you will get to where you want to be in the end. 👍🏻
@bonolongolwane4594
@bonolongolwane4594 2 ай бұрын
my brother you are gifted you know how to make simple things very very simple
@derrickwong4742
@derrickwong4742 3 жыл бұрын
Wow! That was mindblowing, never figured out why I had those errors till I watched this video
@Aleyka232
@Aleyka232 2 ай бұрын
It was very very useful!Thank you! What if I set a bigger stop loss than my strategy recommends in order to need a smaller unit size, as you mentioned in the video? If the trade goes against me, I can manually close the trade when it hits half of my stop loss by watching the chart on lower timeframes. This way, margin won't be a problem when opening the trade. Can this be a solution for smaller margin requirements? (I mean This would only work if my risk-reward ratio is very good and I am confident that my system is very profitable, so even some of the bigger stop outs won't hurt me, and i have extreme discipline to close manually?)
@threefiftyml1454
@threefiftyml1454 3 жыл бұрын
Hey man !!! I just finished watching you begginers guide , i have traded before !! And i refreshed my memory !! Great freaking video man absolutely loved it ! Im getting back into trading i susbscribed and gou are about to teach me a lot more haha thank you
@Anonymous69700
@Anonymous69700 6 ай бұрын
Yo how's your trading going? Is it profitable?
@eyetiff
@eyetiff 2 ай бұрын
Thank you! I was wondering why I couldn't place a trade with a higher lot size. This puts it all together😅
@herbflorent2616
@herbflorent2616 3 жыл бұрын
Hi, I have a question regarding the broker you use. I see lots of bad comments on them did you have encounter any problem with them during all this time especially regarding your withdrawals? Thanks for the help if you see this message. Thanks for your videos keep on!! You seem to be an honest guy with is rare.
@shplak508
@shplak508 Жыл бұрын
This was a great video. I had to watch it a couple times like you advised, but wow, never would have thought about this as a beginner...
@raffiki222
@raffiki222 Жыл бұрын
I have been very frustrated with margins, and feel kind of dumb for not really understanding it. Years of practice trading with Euro leverage doesn't mean jack. The CFTC limits are garbage.
@titusloudir5686
@titusloudir5686 3 жыл бұрын
Another idea i will recommend is increasing the leverage...
@davoodd1638
@davoodd1638 Жыл бұрын
Hi sir, I wanna say that your proficiency in math & equation is incredible & remarkable. Thanks
@kiaramia5401
@kiaramia5401 3 жыл бұрын
Early 2019 when i was trying to find my way around trading and investing, I offered a friend in IML money to teach me how to trade, but he was more interested in me joining the platform, i kept wondering why until i learnt the ropes before i realized he couldn't even explain a candlestick anatomy. I laughed😂
@messenger1556
@messenger1556 3 жыл бұрын
Lucky you didn't get sucked into that mate, I blew so much money in buying into these So called "platforms", "courses", "strategies", "set it and forget it" type of crap before I realised I have to learn this properly, with good knowledge of basics, risk management etc. just exactly how you learn a language. Thanks for sharing.
@tino3609
@tino3609 2 жыл бұрын
Wow that suck kinda the same thing I went through well I’m a beginner and what happen to me was I paid one time sent me the candles stick bible then after that blocked me lol
@isilelipeti1830
@isilelipeti1830 2 жыл бұрын
Yeah haha “money in minutes” 😂😂😂😂 bro shut up before I delete your demo account 😂
@tino3609
@tino3609 2 жыл бұрын
@@isilelipeti1830 lol
@zauniezaun
@zauniezaun 2 жыл бұрын
Know this feeling. Joined a group as well and even though they do teach you (not cheap) the platform pyramid climb pressure is intense. It was annoying.
@peterperc3731
@peterperc3731 Жыл бұрын
have been 100% mentored by this channel
@mrtmngwenya2837
@mrtmngwenya2837 Жыл бұрын
Bro, you're a brilliant teacher
@Snaad1983
@Snaad1983 6 ай бұрын
I am new in trading and this is exactly what i needed. Thanks mucho! 🙏🏼
@MabeEternos
@MabeEternos 25 күн бұрын
I appreciate your efforts! 🙏 Just a small off-topic question: 😅 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
@freeiran4885
@freeiran4885 7 ай бұрын
Thank you for teaching so well by giving case scenario examples. Thank you!
@ShadrackKimele
@ShadrackKimele Жыл бұрын
Always the best teacher who explains in simple terminology and maths🎉🎉❤
@Jag-ws5ue
@Jag-ws5ue 2 жыл бұрын
Thanks for the detailed explanation, but can you give a safe margin percentage range to keep above.
@koriia
@koriia 7 ай бұрын
Having hard time understanding 3:05, if 10,000 units = 1$ per pip and he wants to risk 5p which translates to 10$. How can he purchase with 20,000 units with 2$ per pip? Or does it really mean 20,000 units = 2$ for 5 pips which equals to 10$? I guess i'm just confused on if the "per pip" really means 1 pip from 5 pip or "per pip" = however many pips you're risking? In my beginner head, I was thinking he needed 100,000 units = 10$ to make this trade.
@mrca9344
@mrca9344 Жыл бұрын
Tbh, the video confuses the hell out of me. I tried to work this out as an equation and ended up with this. If wrong, please let me know. Oddly, it seems that the leverage being used doesn't really matter. Risk% = % of equity to risk per trade $Equity = margin, non-leverage capital SL-pips = stop-loss in pips (1/10k) = fractional version of one pip [(Risk% x $Equity) / SL-pips] / (1/10k) = Trade size --> First example: [(2% x $100) / 5] / (1/10k) = $4k position size
@evekim2018
@evekim2018 3 жыл бұрын
How do we get you to number 2 best trading coach. If only I can have your brains of understanding and teaching .
@supermodeljaz6829
@supermodeljaz6829 Ай бұрын
I striving to grasp this concept when I’m putting in pending orders…the order didn’t yet trigger so why is my margin effected?
@stateboss946
@stateboss946 15 күн бұрын
This is exactly what I required
@goldtradingsignal8
@goldtradingsignal8 8 ай бұрын
Must of people getting confused from lots and pips. First of all you have to check your lot size. And your entry price position. To get your stop SL ,/ tip
@geneshen6405
@geneshen6405 3 жыл бұрын
"Watch it 2-3 times and you'll get it" Sir, you underestimate how slow I am when it comes to math.
@messenger1556
@messenger1556 3 жыл бұрын
Haha me too, but keep at it you'll get it all! good luck
@ISRAEL-u6x
@ISRAEL-u6x Жыл бұрын
Thanks you finally Others don't know how to explain well as you did in the vid Thanks again
@xitivisontete2939
@xitivisontete2939 3 жыл бұрын
I don't know if I'm just stupid or what.. Because this concept is always confusing me.. 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️ I seriously need help here
@aishamusa520
@aishamusa520 3 жыл бұрын
@The Trading Channel scammer alert
@aishamusa520
@aishamusa520 3 жыл бұрын
Don't call any number
@xitivisontete2939
@xitivisontete2939 3 жыл бұрын
@@aishamusa520 100% correct
@jerseyjunar5727
@jerseyjunar5727 3 жыл бұрын
I have been finding it difficult to trade the Foreign Exchange market, presently receiving signals and trading with over $4,000 in my meta trader account. i need to be top class. need a greater eye for win.
@youssefaffleck5250
@youssefaffleck5250 3 жыл бұрын
@@silvestrer3320 currencies are more important to people around the world because currencies need to be exchanged in order to conduct foreign trade and business. The market is opened 24 7 hours a day for 5 days and a half and currencies are traded worldwide. The market can be extremely active any time of the day with price quotes changing constantly. daily income is too important!. I’ve done great deals with Bilal Also, he’s top class reader.
@bensonrakitic9061
@bensonrakitic9061 3 жыл бұрын
@@youssefaffleck5250 . thanks for sharing and messaging, i believe your advice is sound and i will use these tips. How can we run side by side and what are the long/short term goals trading through this platform?
@soneheoung7918
@soneheoung7918 3 жыл бұрын
@@bensonrakitic9061 (bilalbenjamin565gmail
@henderson9804
@henderson9804 3 жыл бұрын
Thank you for sharing experience people.
@youssefaffleck5250
@youssefaffleck5250 3 жыл бұрын
Got to trade on his platform through my my wife. He's more serious than any body I ever met.
@karmabarrier1319
@karmabarrier1319 3 ай бұрын
If i have 10 dollars on my account right and it ends at 9.75 but my margin is 0 will it raise back?
@RiskyDayTrades
@RiskyDayTrades Жыл бұрын
I just don’t understand why do you have to wait when you buy an order then wait until the pips go down???
@silkroad1201
@silkroad1201 10 ай бұрын
With my broker, I can't place any order over .02 lots without it immediately running out of margin and closing the order (it's a 100 dollar account)
@tobigforyou
@tobigforyou 8 ай бұрын
You're a life saver dude.
@omarbrown4962
@omarbrown4962 10 ай бұрын
I become addicted to your video
@YOUNGKEEZ10211
@YOUNGKEEZ10211 Жыл бұрын
Thanks man your explanation is simply and much easier to understand 🙏🙏
@Reactions793
@Reactions793 2 жыл бұрын
so does this mean we have to up our leverage to have more buying power?
@tony_uel3955
@tony_uel3955 Жыл бұрын
I have been searching all day to understand this thank you so much you are a awesome person to explain this so simply god bless you and thank you>
@danielsankaran2094
@danielsankaran2094 3 жыл бұрын
i have watched Forex Trading presentations in many other KZbin sites.Your presentation is very clear and easy to grasp. Thank You very much.GOD BLESS
@celiasennon1494
@celiasennon1494 2 жыл бұрын
His program is even better. I think he was born to do this. And I am not kidding.
@DesmondImuentinyan
@DesmondImuentinyan Ай бұрын
Please sir if your buying power got finished those that means you can't trade at all
@cyklop99
@cyklop99 3 жыл бұрын
What sites are you guys using in the US for leverage trading? I can't really find any
@jasmine-y5t
@jasmine-y5t 2 жыл бұрын
Still don’t understand the leveraging I gave up trading for a while but I’m trying to get into it again
@Nevan1710
@Nevan1710 Жыл бұрын
Thanks to you i now understand and have no confusion. 🙏
@zuberytragelaphus4640
@zuberytragelaphus4640 3 жыл бұрын
sorry can u provide for us a proper brief of app in items of user interface (UI) in short to understand an app or a platform in general how it work include user interface
@rikirex2162
@rikirex2162 2 жыл бұрын
I got sea sick already...eToro gives the choice of leverages ,which I can not find on other platforms...I should be allowed to put 1:1 on all my trading and look at it in the presetted currency...but no...things have to be complicated so many will get penalized...
@ViCT0RiA6
@ViCT0RiA6 3 жыл бұрын
You're the best fr, appreciate your content so so much 🙏🏼
@mariefranklin3722
@mariefranklin3722 3 жыл бұрын
Do you trade forex?
@ViCT0RiA6
@ViCT0RiA6 3 жыл бұрын
@@mariefranklin3722 y else would I b here 👀
@hatuasande2571
@hatuasande2571 2 жыл бұрын
I have watched this video thrice but i still don't understand how you got 0.404 cents....kindly assist me
@temdaniel6978
@temdaniel6978 2 жыл бұрын
Its amount risked divided by the pip.. that is 2/5 = 0.4
@SHUWA04
@SHUWA04 8 ай бұрын
I'm just a new comer to field of Forex and I thank God for showing me this great mentor and and his superfurious channel may God make you greater always among traders. Thanks for your help sir @nigeria
@willzfrank
@willzfrank 6 ай бұрын
so if am not worrying myself with leverage can i trade that exact 10 and not get a margin call ? please i need a reply anyone
@benjaminwu4830
@benjaminwu4830 Жыл бұрын
if I am trading stock, can I learn this too??
@kevantefrancis6157
@kevantefrancis6157 3 жыл бұрын
Keep making great stuff bro🙋🏽‍♂️💹
@cryptosky4823
@cryptosky4823 2 жыл бұрын
If I can't buy with not enough funds why i can sell explain please
@BlackBacha101st
@BlackBacha101st 2 жыл бұрын
Im having difficulty getting approved for leverage at all. It seems really hard to get for forex. Im on IBKR. Does anyone have some tips that could increase my chances of getting approved? Do I need to deposit more money into my account?
@CHETAN1
@CHETAN1 Жыл бұрын
Is this case applicable on broekrs like oanda where it is not compulsory to trade in lots?
@terrogz2159
@terrogz2159 Жыл бұрын
i have a 50 k demo account with 50:1 leverage i placed 3 trades on tradingview worth around 110,000 units, risking 1% on each trade. in the positions section that shows details about ur trades i seen two of the trades with a margin of around 2,000 and 3,000. the third one had a margin of 24,000. could anyone explain why that might happen and what it means ?
@ugommaokorie1660
@ugommaokorie1660 2 жыл бұрын
Thank you so much -this was extremely helpful!
@PhilzuLost
@PhilzuLost 8 ай бұрын
My problem is i trade ICT silver bullet and it wont work in 4h chart thats why i am in 1m or 5 min chart
@charlieave2315
@charlieave2315 Жыл бұрын
That's exactly what I'm feeling!
@Banksfx
@Banksfx 3 жыл бұрын
Thanks for the video sir, your videos are always on point🤗
@gustavomedrano3628
@gustavomedrano3628 2 жыл бұрын
im trying to grasp the concept... like wtf how many units do i need, does it mean they can take away allmy money even tho i just wanted to rsk 10 dollars...
@FahmiEshaq
@FahmiEshaq 2 жыл бұрын
Well explained. Now I get it
@mirbond8018
@mirbond8018 3 жыл бұрын
Was waiting for such topic.
@HealthHabitsHQ.
@HealthHabitsHQ. Жыл бұрын
how can i come off margin ? i want to trade the whole 100 pounds
@samippuri5473
@samippuri5473 3 жыл бұрын
Hi Steven. Do you also provide signals in your training program ?
@kellyandrew4176
@kellyandrew4176 3 жыл бұрын
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most. (harrydonald364@gmail..com)
@imroyal8475
@imroyal8475 2 жыл бұрын
I’m so glad u show me this this is very useful
@janiceledbetter2656
@janiceledbetter2656 Жыл бұрын
For the first trade you explained would it work with a 10 pip stop loss on $10 or would you need to change the risk to $5
@josephthurston3308
@josephthurston3308 Жыл бұрын
Very well explained thank you
@davesmith5939
@davesmith5939 2 жыл бұрын
4:30 - umm, too large a stop loss* and $10 * 100 = $1000. So he doesn't have enough in his account, the lowest he could stop loss is $1 and that would lose all $100.
@davidmccarty2060
@davidmccarty2060 3 жыл бұрын
Has anyone ever had someone try to get you to trade for you? No limits fx trading?? Or is this a scam
@andresrojas2731
@andresrojas2731 Жыл бұрын
Question: Does it mean that if I lose more pips than the units that I have available for each Lot, will the trade stop before we can even get to the risked amount?
@naturesmusic5926
@naturesmusic5926 Жыл бұрын
Wanna ask the question ❓❓ do u know the answer
@stephenmaginn7247
@stephenmaginn7247 2 жыл бұрын
My name is Stephen as well ur a good teacher
@bumaschneider
@bumaschneider Жыл бұрын
Mine is a new account I created 2 days ago with 12usd but can't place a trade. They keep saying insufficient money. Lot size, 0.02, 1:2 and 2pips stop loss. please help
@suprisebuthelezi
@suprisebuthelezi Жыл бұрын
Increase your leverage
@jaysenadams5323
@jaysenadams5323 3 жыл бұрын
Do a video on pip value on gold and indices etc
@stevemc1790
@stevemc1790 Жыл бұрын
what if you are hedging...2 trades in the opposite direction?
@adrianpielin5715
@adrianpielin5715 3 жыл бұрын
Can you do a video about MACD STRATEGY, or maybe you dont use it?
@tradingbest-nq7fy
@tradingbest-nq7fy Жыл бұрын
how to trade perfect timing . i am not catch out my perfect timing ???????????
@el.baderthegainer2238
@el.baderthegainer2238 3 жыл бұрын
I always trade with x300 and i invest 50 dollars and leave the deal for one day or less than a day then i took my profits
@Muddywatersz
@Muddywatersz 3 жыл бұрын
If I have a 1k account and 20:1 leverage is a .10 lot size good or too much ? Should I go higher ? I’m profitable but I want to be smart about what I risk and such.
@ivanlovric1197
@ivanlovric1197 3 жыл бұрын
1000$ × 20 Leverage = 20 000 Units 0.10 lot = 10 000 Units You can place a trade but its half of your margin. I dont know your trading style but i recommend to use a little bigger leverage
@Muddywatersz
@Muddywatersz 3 жыл бұрын
@@ivanlovric1197 I always thought lower leverage was better to keep margin down. I skipped this whole part of trading and it’s coming to bite me in the ass lol. 50:1 is good enough ?
@ivanlovric1197
@ivanlovric1197 3 жыл бұрын
@@Muddywatersz you can choose a 100000:1 leverage it doesnt matter if you just risk 1-2% of your account. But what does matter is, if you open multiple trades with a low leverage If you are scalper i reccommend a 500:1 leverage so you are alwys save if you open multiple trades But if you are like swing-day trader i reccommend 100:1 i think most of the trades use that leverage
@ivanlovric1197
@ivanlovric1197 3 жыл бұрын
You dont have to be scared of a high leverage like 500:1 this is only dangerous for traders that doesnt have risk managnmet. With a 500:1 leverage you could risk like 70% of your account per trade (which is impssoble with a leverage like 20:1) but you said you are profitable which means you have a risk managment which also means high leverage isnt dangerous for you. Fact: high leverage is like a trap for the newbies to blow their account but a safe thing for pro traders. Hope i could help :D
@Muddywatersz
@Muddywatersz 3 жыл бұрын
@@ivanlovric1197 wow man, this is a slap in the face that really did help I thought it was my lot size or low account as to why I couldn’t place more than one trade 😂 I’m a fool. A fool in a mans shoes
@ososupa8804
@ososupa8804 2 жыл бұрын
So it all boils down to the lot size that you enter into the trade? Relative to your trading account. That’s what I’m getting from this info. The lot size and the amount of pips in your stop loss, that calculates into the amount of your initial deposit you’re willing to risk on the given trade? Relative to the leverage available to you through the amount of money that you have deposited into your account. So if I have a $100 in my account (100:1 ratio), I should enter my trades with a micro lot, and only risk pennies on the dollar. But what if I have a thousand dollars with a 100:1 ratio? That gives me 100,000 units right? Is it safe to enter trades with a mini lot then? That would give me a dollar per pip correct? So every pip I lose is a dollar from my initial investment. So in order to be on the safe side I would have to keep all my trades within a 10-20 pip stop loss range?
@ososupa8804
@ososupa8804 2 жыл бұрын
I feel like I’m still missing something even after trying to explain it to myself. I get the concept, I’m just attempting to upsize it. To see what’s the most profitable way in terms of risk management to trade a thousand dollar account verses the hundred dollar account that he uses for example. Please, if anyone sees a flaw in my thinking feel free to correct me. I need to understand this, want to understand so I can put a system together
@ososupa8804
@ososupa8804 2 жыл бұрын
Now correct me if i'm wrong. But to put things in perspective. If i have a $1000 dollar trading account, 100:1 leverage which should give me 100,000 units worth of buying power. And i want to enter a trade risking $10 with a 10 pip stop loss. With 10,000 units at a dollar per pip, does that mean that i'm using my entire 100,000 units worth of buying power to enter that trade just to risk $10? I believe my math is off or i skipped something somewhere. In any sense, it sounds dangerous, but idk. I need further confirmation
@ososupa8804
@ososupa8804 2 жыл бұрын
After doing some thinking and reading an article. I concluded, I think i would only need 10,000 units to risk that $10. Doesn't sound too bad after all. But i need some feedback from the community.
@ososupa8804
@ososupa8804 2 жыл бұрын
yea i believe one mini lot is what i ended up with
@ososupa8804
@ososupa8804 2 жыл бұрын
Account Risk in $ / (Trade Risk x Pip Value) = Position Size in Lots 10 / (10 x 1) = 1 mini lot.
@robbyzoom5453
@robbyzoom5453 Жыл бұрын
complicated explanation...
@zachnyatela3295
@zachnyatela3295 Жыл бұрын
This is great !💪👍
@nitenpatel9684
@nitenpatel9684 3 жыл бұрын
Hi, Sir, I am from india. can you make video on NSE Indices Index like BANK NIFTY OR NIFTY 50 ?
@kihrerey3118
@kihrerey3118 3 жыл бұрын
He focuses only on forex and not stock market especially not ours... If u want u can go with pivot point channel . He makes on nifty and bank nifty only. And there were a lot of channels with daily videos . Let's go and check it out .
@kellyandrew4176
@kellyandrew4176 3 жыл бұрын
Most newbies fail simply because they don't understand how the market works in general or in particular how the market relates to stock or currency pair they entering. If a retail trades doesn't grasp what the market makers are doing and when they are doing it, the greatest strategy in the world will fall. For new traders the markets are like entering an F1 race before you've passed your drivers license test. I am a beginner I never believe I made $30,000 in just 1 week from trading and with the market. an expert financial analysis and he made me learn to read and understand the language of price action. He guides me with the exact time frame to trade and now I just received me first withdrawals of $30k in my bank account today I'm very happy, my advice is for you to contact him he will guide you perfectly well, and thank me later, I guess this is a good way to show my heartfelt appreciation for literally breaking the chain of my financial debit when I needed it most. (harrydonald364@gmail..com)
@Sloba1992
@Sloba1992 3 жыл бұрын
Is that buying power per pip ??? 10k units per pip or what?
@leangelino
@leangelino 2 жыл бұрын
Dude! First of all BiG Thanks for the amazing content you are providing for free! It's amazing. I am learning a lot really fast. So here is the thing... At 13:08 minutes you are giving the example of having $100 in the account with 100:1 leverage which gives us 10.000 buying power which means 1 mini lote. Then we want to place a trade with a 50 pip loss with $10 risk. So, how much it cost a pip ? 0.20 cent . How many units we will need to place this trade? $10 / 50 pip = 0,20 cent x 10000 mini lot = 2000 units. Why then u are talking about a micro lot ? $10 / 50 pip = 0,20 cents x 1000 micro lot = 200 units. What am I missing ? I will appreciate your answer. See u! Leandro.
@naithspader5900
@naithspader5900 2 жыл бұрын
1 standard lot =100,000 units= 10pips 1 mini lot= 10,000 units = 1pip 1 micro lot= 1000 units = 0.1pip For $100 with 100:1 leverage= 10,000 unit (mini lot) 10/50=0.2 cents 0.1 cents =1000 units 0.2 cents=1000*2= 2000 units We have used 2000 units in our trade, and we had 10,000 units before the trade. Units left= 10,000-2000 units= 8000 units
@messiah-tate
@messiah-tate Жыл бұрын
@@naithspader5900 why do u times 1000 by 2?
@Themajortruth
@Themajortruth Жыл бұрын
What if I wanted to risk $5 for a 5pips stop-loss, I guess that should work if the other conditions are met? Please don't mindy question, I'm a biginner 😅
@Asim_Rehman
@Asim_Rehman Жыл бұрын
Sir if your videos have subtitles it would be very good for us
@JamesJohnson-pp8wh
@JamesJohnson-pp8wh 2 жыл бұрын
So, if I'm trading with 1000.00, I'll have 100k of buying power
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