Forex vs Stocks -- Why Choose?

[@NoNonsenseForex]

LOL, I've been putting Mooninites quotes in my disclaimers for awhile now, and not one person has called me on it.

[@johnathangrey3463]

Haha. Vice patriot. The one. The only. The only one. Lol.

[@keithsproson4328]

Wtf is a moonintes!???

[@top1forextrader]

Just saw it , I like it, although i been on ghost mode for 2-3 weeks on intense research, applying initiative and innovation towards building as you said this early this year

[@C2SEnterprises]

But there's a wide focus in stocks... Thousands of them.. How do you narrow 'em down?

[@antiheroes7972]

@@C2SEnterprises build scanners to help select stocks

[@sosig8332]

i never thank youtube forex "traders", cause they're all secretly begging you to buy something from them, I've gotten thru some of your content and applied everything you've told me and its actually kind of stunning to see it working out. im actually so thankful for your honesty and efforts to genuinely help people out, just wanted to say. Total respect

[@najblack5956]

How does it feel changing thousands of people lives for the better. That has to be the best feeling ever.

[@robertjieanu1188]

Well, simply put, I use S&P as a "baseline" for the other stocks. If my algo says long the S&P, I will only look for longs in the other stocks, and the other way around.

[@frankiethomas1683]

I love you for this vid VP, have used the quiet time we’ve seen recently volume wise to go back and brush up on a scalping strategy

[@tbelj]

I honestly love stocks over forex. There’s different ways to trade stocks. I do options and have had pretty great success.

[@tbelj]

@Daniel Mayer I've mainly learned through youtube and some articles. Its a much higher learning curve than forex and if you can just hone in one strategy you'll be good. I like to do credit spreads. There's a channel called TheoTrade I like to follow

[@michaelrasmussen6318]

@Daniel Mayer TradeMate could be a place to go. They use different kinds of Option strategies for both daytrading and swingtrading

[@TradingHeroes]

Great point on getting into inverse ETFs instead of staying in cash. Many people overlook that.

[@AndyJMacLeod]

Yes, major stocks move with the overall market. Small Cap stocks, however, are more independent and volatile. Combined with a good risk management strategy, it can be very lucrative. The downside, however, is that it doesn’t scale in the same way as Large Cap stocks or Forex...

[@syri4nfx708]

Hi VP, i started a couple of days ago, watched the 3-13 + all Core concept vids, and now I'm in Money Management... i just want to thank you for your efforts and time you spent to educate us properly, and for free.. i'm from Syria, but living in Germany, i have an office job, and i spend 11 hours in my office every day, Monday to Friday, plus the time i spend on the way and sometimes i work Saturdays, but i chose FX and i will go this way till the end, no matter what it takes, cz i enjoy it and i i know that i have what's needed to become a successful trader.. i listen to your vids at work, or in the car, and it's really nice and relaxing to hear you talking FX in the background while I'm working !! LOL thanks again for everything.. Ali

[@alexmok3010]

Thanks a lot VP. I am so grateful that you just generously put all this kind of systematic mindcept, money management and psycology videos online. I am 23 and I just broke my account last month. Then, I saw yourchannel few weeks ago and I know I got to learn some thing that involve much less emotion in the trade. Thanks for always reminding me to be patient and do enough backtest and forward test. I have watched all your videos and broadcasts .I have put those indicators together and can't wait for the forward testing phase. You do affect me a lot! Thz.

[@alexgggggg2552]

Keep it up VP! I used to listen to your Forex Q&A and I exactly experienced what you explained here about stocks! FA ruins your life. We are traders not investors and thanks for the golden info you provide! Hitting the Like button is the least I can do. Thank you!

[@KyleBaran90]

My approach to stocks is more investing-based, while using options to generate a bit of income from my long positions (covered calls). There's lots of ways to hedge the downside (shorts, puts, VIX calls, etc). Inverse ETFs can be risky as well, since they are inherently high leverage, and whipsaw price action can bleed value over time (tracking error). Still, the ability to manage risk and position sizes is absolutely wonderful information from the basics playlist. I didn't know what I was doing for 2 years, and I'm down 20% this year (just like everyone else). But I managed to still have some value and have even more solid fundamentals this time around, so I'm looking forward to really getting those good trades with some practice

[@dougcharles6845]

I may be overcomplicating things a bit, but 1st the aggravating part. My ATR and baseline seem to be my only stock indicators. Mind blowing. Overthinking... ? I'm finally bktsting and I've done 8 pairs, 90 days checking for losers... 2!! Could this be right? Meticulous testing with $ and notes likely begins this weekend. Wow!

[@shednotes3016]

Heh heh....I knew the answer upon reading the title. Thank you, VP! It is a process, but a verrrrry worthy one.

[@cpbpapin8458]

Hi VP This is my precious time NNFX. Yes I come into using fundamental analysis, after a year with NNFX, things have change for me. Thanks indefinitely VP Xxxx

[@alexanderhenderson740]

What I really want to know is why I should use MT4 instead of MT5

[@TomWillemsGuitars]

Alexander Henderson my guess is that most of the 10000’s of indicators you can find are designed for mt4, and have not been coded to work on mt5 yet. While there are of course also indicators designed on mt5 that you cannot find on mt4, you still have a very much smaller amount of indicators available for mt5 than mt4.

[@ebenezerogbu8418]

Some brokers also have fewer tradable instruments in MT5 compared to MT4. In short, many brokers have not fully migrated to MT5. I had to downgrade to MT4 to access more instruments.

[@alexanderhenderson740]

@@TomWillemsGuitars Thanks for your answer. I appreciate it. I couldn't find a clear answer on the internet. It always seemed to promote that MT5 is more recent but never explained why most traders use the older MT4 version rather than the newer one.

[@alexanderhenderson740]

@@ebenezerogbu8418 Thank you. I have read babypips watched the money management and trading psychology playlists. I am now ready for the next step. Big up unu selfs @Tom Willems

[@lucasorihuela7393]

No joke I'm a trader for over a year and I got my highs and lows. Ever since I started to learn from VP, my entire game has changed for good. Thank you VP for everything, no doubt you are the best of the best!

[@Animeskwl]

If we're now looking into stocks, the money/risk management will include portfolio management, if we're carrying. I've been watching a lot of VP alongside my history documentaries lately, big banks still my favourite.

[@samanmvhd4614]

Hi and thanks for the great videos. I have a question: are these technical approaches also applicable if I'm trading "stocks" and not in the Forex? for example you say that diagonal resistant/support lines are ridiculous but are these lines also bad in stock trading? My point is: Can I use your teachings in stock trading as well?

[@renatojakowatz913]

@No Nonsense Forex Hi VP! do you believe it would be a good option to use the reverse strategy in the correlation of stocks and index? for example, if the largest companies, with the highest % of shares in a specific index, are giving a signal to go short or long, wouldn't they be good trend indicators to enter the index as well? thanks for the great video as always!

[@NoNonsenseForex]

I just don't think it's weighted enough to do that. There are ETFs out there who just trade FAANG stocks for example. Not sure if there are inverses to those, but more opportunity there I'd think.

[@skanskar]

been using my system on stocks and works fine. slightly higher hit rate. I did simplify it a bit though

[@Ranteray]

07:40.. but in forex... if there is a Flash crash, like the one in 15/01/2015 USDCHF, it can destroy all the money that you have there.. specially if you trade D1 charts and many pairs.....

[@bdemagall]

Hey Vp, great video... But I got a question for you.. Isn't that the wolfen man? Stocks... Ugh, I always had a overwhelming curiosity in dabbling with individual stocks.. but I always stepped back and said nah... I need tons of capital and it's just too indepth.. just threw it into the 401k.. Got crushed in penny stocks for a short period if that counts.. Fast forward 20yrs, Ta, stock scanners, gap scanners, scanners that scan scanners, Robinhood, idk it's all more appealing but we'll see. Maybe some cbd companies who knows. . I need a brownie.. anyways off to the charts.. ✌️

[@roym1444]

Can I ask why there is such a distane for fundemtal analysis. Can you direct me to a video were the reasoning for that statement is more clearly defined

[@roym1444]

Sorry you're answering my question now. I hate moving past something until I understand it

[@petuniamaswanganye4504]

Vp I know u have already answered me I just wanna know if there's anyway I can trade the nonsense way if I don't have a laptop I listen to every podcast and watch all of the videos but due to financial problems how can I build or get started without one?

[@NoNonsenseForex]

You will need a laptop. A cheap, older one will do, but this part is non-negotiable.

[@younestoufik9240]

Hi VP thanks for your work and time.

[@carlynesaintroc4709]

Those cons for stocks mostly apply to investing rather than trading though.

[@HunterFX]

Another great video, you've inspired me to show people my own method to success too. Took me only 1 year to go pro in forex. Making videos now, keep it up

[@rahulchahal5360]

Was looking for your video this morning but anytime is good to learn. Trading ETFs is much better than stocks but psychology, money management and trading in the direction of trends is the commonality between FOREX, ETFs, Stocks and commodities. For those that want to learn to trade ETFs and stocks learn from “No Nonsense” but if you need another excellent resource look up “Right Way Options” and “Hit and Run Candlesticks”

[@bazinaustralia2912]

You can also use a free stock screener.

[@nwchrista]

As far as bigger downside, I'm pretty sure that's not true. If you're shorting, your potential loss is infinite, but if going long, your loss is your entire investment and nothing more. With forex, I believe your loss potential can exceed your initial investment, no matter which way you go. Also, the only way to effectively trade stocks is with leveraged instruments. Here, your choices are limited to geared ETFs and options. BTW, I used to hate the old crusty stochastic OSCILLATOR but have rediscovered ways to implement them into my trading algorithm. So effective are they that I've humped them up to the top tier of my chart. But again, I am in equities, not forex.

[@utleyf]

Can someone give advise for the best method for depositing with a broker so your withdrawals are easier?

[@prabagarnair4598]

Vp what do you think about options

[@workinprogress49]

Hey VP love your videos and have been waiting for this one for a while even though I know you've kind of been touching on the idea of stocks here and there for the longest time. I did have one question though which is a lot of stock traders like to refer to balance sheets: P/E, ROA and such. Would you consider this to be a middle ground between technical analysis and fundamentals or is it just more noise?

[@NoNonsenseForex]

Those things matter more to investors, not so much traders.

[@workinprogress49]

@@NoNonsenseForex True, suppose I was trying to think of it as a tool to judge the overall direction of the stock (undervalued/overvalued) in order to use that as a sort of additional baseline for added security. The historical data for that is hard to come by to back test though. As of right now I'm still going through the original forex and commodities algo and seeing what can be done to give a slight edge in this market.

[@primoamoroso2814]

yup. they invest to milk the cow. we traders put money in to slaughter the cow. capital gains vs cashflow

[@advisor3877]

Missing you NNFX Love your Videos everything you have to Offer. Thank you for what you Have shared Much Love South Africa

[@pestd9206]

How can I automate my algorithm vp?

[@jasonbotonogbanua2343]

Hey VP. I Just started my forex journey a couple weeks ago and had different mentors to teach me things that you said were absolute dirt. Stumbled across this channel yesterday and here I am binge watching and reading all your content. Currently, I have 2 great confirmation indicator and I'm pretty sure I found the right one cause damn the two cross one I got can spot trend in a consolidation period. Hoping to find more indicators that would fit this system. Thanks a lot man.

[@blacklightentertainment758]

Wow even in consolidations

[@Finance_Alpha]

My Question for VP is Forex vs. Options, or other derivatives in general? I’m one of the crazy few who watched every NNF video, took notes, found the indicators, built a system and now trade it. After trading Forex now and comparing to derivative market potentials, I’m wondering if I made the right choice concerning profitability overall.

[@NoNonsenseForex]

Only one way to find out. Gotta test.

[@thestreamreader]

@@NoNonsenseForex The only thing I have recently seen is an option video from Trading Dominion. He talked about Super Space Trip Trade and Black Swan Hedge. These. To things had me intested in options as a way of full protection. I am thinking of learning from VP all the forex trading I can to earn income from that first. Then move to learning a super advanced options startegy. VP if you get a chance to look into Trading Dominion and their advanced options strategies. It may be something to add to the arsenal.

[@mohamedelnemr540]

If I am going to trade stocks same as Indices means that Volume won’t play role in my algorithm!!!

[@frankzillasaurus]

The timing for when this video released is hilarious 😆

[@Infinitelightwizardry]

Great Video and Timing, coming from Penny/Stock trading! Confirms why your videos resonate with me WITHOUT even trading FOREX👏🙏

[@ifeyt7628]

VP pls upload new videos I miss them😭😭😭😭😭😭😭😭😭😭😭

[@tbelli63]

Ok, how do you open a Markets.com account in the US?

[@NoNonsenseForex]

You don't unfortunately. I only can because I affiliate for them, and I can only chart, not trade.

[@thabangtukule999]

U.S doesn't allow cfds

[@iansalce9645]

Hey VP, can you include copy trading platform such as "Etoro" in your future video? the pros and cons of this platform. Thanks a lot

[@caligirl6610]

Using the 6 methods to the algorithm in stocks has been quite successful. I always follow the indices cause the trend is your friend. I scalp options. So I follow my algorithm to the letter. I already had most of the things you mentioned to have in an algorithm except the second confirmation. Once I did that it helps me now stay out of poor quality trades. That was the last piece of the puzzle for me. Thank you for that. My trading future thanks you. The trick was simply to read it all like a book. If they don't all line up no trade. If they do line up enter with confidence.

[@eddychong7299]

You are missing lots if not in selective stocks, just imagine you stay invested in Google, Amazon and Bershire Hathaway from the very beginning???

[@shadowalkerchef]

thanks vp, learn lots of things from you, its value..the time i put time for watch your vedio..

[@primoamoroso2814]

but you have said in your early episodes way back 2018 you are not trading stocks anymore. I am confused bro.

[@NoNonsenseForex]

Wasn't trading crypto either. A lot can happen in two years time.

[@randominthemakin]

I love your Channel! Love the Forex stuff!

[@AndyJMacLeod]

Being emotionally invested in a company is actually a bad thing for investors/traders. Great products do not necessarily mean a business is being managed well...

[@philnewpower]

I saw that in the disclaimer, and thought wtf! Hahahaha. "If you follow this financial advice you'll get a yeast infection! 'yeast unleashed in the east'"

[@RonDevito]

Before I started learning FX, I set up $25K in dividend stocks - 25 stocks, $1000 each. I’m doing buy and hold on this, not trading. No margin or leverage on the account. What I like about dividend stocks is you make something even if the stock goes down. Day trading stocks requires $25K - legally - and I would sooner trade indices. I think dividend stocks are ok for buy and hold.

[@mahad4816]

I happen to find Coffee, Sugar with a sprinkler of chocolate pretty delightful.

[@lucapuzzoli8363]

thanks VP

[@_N0_0ne]

Thank you

[@Leopoldcold]

Yeah, wallstreetbets is very fun

[@auxripper]

I'm not trying to promote any service, so I will only ask, has everyone here heard of Vectorvest?

[@NoNonsenseForex]

They use very basic technical analysis and sell the signals to old people.

[@craigchook309]

You're The Man!

[@Diamond0dust]

the disclaimer though :)

[@DamianWader]

Ok, so I am not going to watch this one right now. Hey VP awesome stuff, I found you a while back but was not in the position to learn all this yet. Now I am and I spent the last 2 months researching the differences between stock and Forex trading and knew I had to pick one. I picked FX and your method so I am just beginning my journey with you. Once I get to that 6% return for 6 months on the demo account I will move forward. Love your stuff man! Damo

[@matthewsweeeny9086]

Hey VP I think you should check out the video “the absolute chaos of Wall Street bets” by ‘big boss’ on KZbin. I genuinely think it will be the funniest thing you’ll ever watch

[@justgjt]

I bought my used gold wrapped aventador from my beanie babies profits . . . . rockin it on the inside \m/

[@lokone303]

i'm guessing the weird audio in the intro now is your personal meme XD

[@michaelrasmussen6318]

I swing Stock Options and I have had quite some success with it. Still part of the 99%, so i am currently in the process of creating an indicator system to provide me with more accurate trading signals.

[@johnathangrey3463]

My nephew's want to hi-5 you. And they love you more then I do. Its so funny today they call you "VP, the one man who loves us like a war veteran. COMMANDO!!!" VP, VP, VP, VP.!!!!! (LMFAO!!) The Arnold Schwarzenegger movie from the fucking 80's. Lol. And they shout out to you.

[@TheGandorX]

You put in the Beannie Babies just to check we are paying attention.

[@leewilliams6058]

👍

[@joeychavez6693]

Am I the only original NNFX'r that noticed "Marco" as the intended ticker symbol for beanie babies or did that inside joke go over all of you?!

[@craigchook309]

No sir, caught that right between the eyes! Gotta love Marco😁

[@royalfx6252]

Forex for the win

[@chrisjlee2013]

Holy shit, and then the market crash happened a month later LMFAO.

[@kamalchahrani1]

do you know can slim investing ?''just google it and see .VP a big thanks for this Gold KZbin Channel

[@scoringdigitsson.5194]

No

[@rvirmoors]

just change the channel name to No Forex Nonsense

[@AlluringSpy]

"Our god is an indian that turns into a wolf" Someones a fan of aqua teen hunger

[@arielleHT]

haha i asked that question couple a times

[@mathiaskashton7117]

Nice video, bitcoin is what everyone out there needs to invest in right now.

[@philnewpower]

Once the depression kicks in, I mean 70% s&p to the downside (January 2021), I'm going all in on beanybabies! 😂 🐻🐼🐨🦄

[@thedougclose]

What's this? First comment? Do I win something?

[@gestroud]

You've won our undying friendship. Offer is not transferable. Not valid in Antarctica or The Solomon Islands.

[@tbelj]

Doug knowledge