how i trade (as a complete idiot)

[@NickShawnFX]

What’s the most cringy trading approach you’ve ever seen

[@ThevineGospel]

RSI, stochastics, vwap, ATR, and throw in the MACD...just for additional confirmation.

[@nigelhutchinson5332]

Supply and demand traders trying to explain how to draw supply and demand zones.

[@Frankygotdatbag]

I.C.T.....aside from the timing and session kill zones etc

[@Frankygotdatbag]

@@nigelhutchinson5332 lmfao BRO

[@NickShawnFX]

@@ThevineGospel don’t forget the smart money institutional order block candlestick pattern just to be 100% sure

[@shellylofgren]

I've just retired recently and I must say I found this video informative and great to review. These psychological concepts are much more useful for individuals attempting to avoid mistakes than I realized when I was first introduced to them. This is probably why Warren Buffett talks so much about temperament being crucial to his investing success.

[@philipr1759]

Developing a solid financial portfolio is more difficult, therefore I suggest you seek expert assistance. The ideas you receive after that can be tailored to your long-term goals and financial desires.

[@berkrix4312]

Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.

[@jeffery_Automotive]

The issue is this! Most often, those with little to no experience in the stock market attempt to buy on their own. It previously occurred to me, but I learned from it and contacted "Julie Anne Hoover" a finance expert with offices in the US, and everything changed. I earned $370k so far in the first quarter of this year.

[@DavidRiggs-dc7jk]

@@jeffery_Automotive I'm glad I stumbled across this discussion. If you don't mind, could you tell me how to reach this investment adviser who helps you with your investments?

[@jeffery_Automotive]

Julie Anne Hoover maintains an online presence that can be easily found through a simple search of her name on the internet.

[@MrCharrrles]

"how to be an idiot and still make money" This is right up my alley

[@BuzzKent]

It is refreshing to listen to straight-up, no bs advice. The age of getting answers from so-called "experts" is over. (I hope)

[@MIchaelGuzman737]

I came here to get an idea of how to trade utilizing A.I trading bot after hearing a guy on a podcast talk about the importance of A.I trading bot and how he made $660,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

[@sommersalt88]

Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

[@CynthiaByrd648]

I was on both ends of the spectrum, invested on my own for about 3 years, did my own fundamental and technical analysis before trading. Things got pretty tough after the pandemic and I got in touch with an investment advisor who uses artificial intelligence to predict and trade and also incorporates copy trading so that her clients' portfolios can easily reflect her trades. It's been over 2 years and I've increased a stagnant reserve from $80,000 to $700,000.

[@Americanpatriot723]

@@CynthiaByrd648 Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how can i reach out to this investment-adviser if you don't mind putting me to the right direction?

[@CynthiaByrd648]

When "JILL MARIE CARROLL" is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you. Having her guide me through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a Google-able person, so it shouldn't be hard to find her official website since she is prominent.

[@Americanpatriot723]

@@CynthiaByrd648 She really seem to know her stuff, i saw her educational background and qualifications on her website after looking her up, I wrote her a message detailing my experience & goals, hopefully she responds soon. Thanks for sharing.

[@madimakes]

looking forward to watching this video, especially given 2 other people have recently made a video after you with the exact same title

[@goldwynlife3713]

When i discovered your channel, i remember not being able to sleep. Got me seeing trading as a real viable option for someone like me who prefers not to deal with people to make some money.

[@goldwynlife3713]

uhhhh.... yeah.... sure......🤣🤣🤣

[@satvikarora5813]

how’s that going for you?

[@WalidhappyAmri]

And ? are you driving a supercar Bro ? or what

[@stratomix333]

you're not an idiot. You have a simple plan. The simplest ideas are often the best. Intelligent people know hot to make difficult things look easy. Subscribed. Thanks for the lesson.

[@fredm1]

Really? Cos I'm still not a profitable trader even though I am a little knowledgeable about chart patterns, how to identify support and resistance, and how to break a trend. I'm not sure how to apply risk management. Like HOW exactly can people make so much money in trading? I've lost $72k already since i joined a trading channel.

[@georgeh.5126]

Lol its very possible. The strategies are just rigorous for the regular-Joe but are most successfully carried out by pros who have had a great deal of skillset/knowledge

[@MarvishaN]

Just before the epidemic struck, I had $80k to begin trading with. While many people's portfolios collapsed, I persevered with my financial advisor and even earned a profit of almost $420,000 in months of active sessions. It is possible under the right guidance.

[@fredm1]

@marvishaN Do you mind sharing info on the adviser who assisted you? Please?

[@MarvishaN]

Sure. She goes by 'Heather Lee Larioni' and deserves credit as one of the finest financial planners who decides what i acquire including digital assets. Her reputation precedes her, and I highly recommend her on a public post.

[@fredm1]

Found her contact webpage! I wrote her an email and scheduled a call, hopefully she responds, I plan to start 2024 on a woodnote financially. Thank you.

[@willziefert]

No BS straight to the point. One of the only trading videos I've seen that has actually provided value.

[@TradePip]

this some serious shit out there Nick...kudos....unfortunately retailer community will not understand the power of experience and risk management 😑

[@BEXITER]

You've outlined the strategy exactly as I sensed it. The potential gain comes from the market, and people who open a position have the intuition; all indicators are just noise or foolishness that drives. It can't be calculated. I'll adapt it to my strategy, but yours is very good. Thank you for sharing.

[@theredcomet9330]

The first 13 seconds I lol'd so hard. So relatable... I love how simple this is man. Thanks for doing what you do. Keep it coming!

[@korylp6219]

I related to this a few years ago and I burst out laughing 😂😂😂

[@brianrooke2338]

It's my first "If you enjoyed this video, do whatever the hell you want". Such refreshing honesty.

[@qbb01]

This strategy has one major flaw. It only works in ranging markets because as soon as a market trends hard in one direction, continuing to add shorts or longs to bring your break even closer just increases risk and you blow your account when it continues straight up or down.

[@kriskruz3792]

Exactly what I was thinking!

[@ojbfalon1749]

I call this method strategy A. Once you notice a sky rocket in a specific direction, that's where fundamental analysis comes in. If you'd taken a sell and the news reflects a bullish trend, Close and Buy. Observe and either break even or be greedy and profit. The secret is lot size management.

[@qbb01]

@@ojbfalon1749 This completely violates efficient market hypothesis which states using bullish or bearish movements after a news event to predict the future price movement will not lead to outperformance of the market. In fact I remember reading about this being a losing strategy and have seen (over many years) more often than not bullish/bearish news being used as liquidity events where the market will spike in a direction that fits the news then quickly whiplashes in the opposite direction to wipe out retail money. So buying/selling on a bullish/bearish breakout will typically lose you money, on top of the money you already lost for being in the incorrect position to begin with.

[@manciamusic]

Awesome video!!! I my self after 5 years of struggling I developed my own personal way to solve the market . Goes like this: No candles of any kind allowed!!!!! Just 3 moving averages and RSI.... I enter trades ONLY on moving average crossovers on Xtreme RSI conditions and Ahha!!!! Finally fixed my problems Time frames 1m 5 min and 10 min... (Day trading options)

[@KyleAffronti]

You made it look so easy but I didn't understand it still but I watched the whole thing twice!

[@23fss]

U cant understand because therr is nothing to be understand

[@fka.climate]

Keep things simple. Control risk. Goated

[@EvanQuiel4]

I sold a couple of homes in the Tampa area for pretty good cash and I'm thinking to just leave it in stocks while waiting for a house crash to happen and as well avoid inflation, but is this really a good time to buy stocks? I hear it's a madhouse right now and I still hear folks are raking in huge 6figure profits by the weeks and I'd love to know how.

[@caroamira]

Look at it this way, while some folks are waiting to make minimal profits when stocks recover, some others folks already know where to look and what to do to make hefty gains in these times, so yea, it all boils down to knowledge to risk mltigation.

[@logisticsdelivery]

@@caroamira True, I was in dilemma myself due to this chaotic mrkt, wasn't sure if to sell or just wait a little longer, 75% of my portfolo was tanking and in the red and the economy isn’t looking promising, but I began gaiinng clarity and have more confidence in my invt through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amt in fees for me to be able to net $650K in less than 8months like I did this year, I truly don't mind.

[@victorcardi2019]

@@logisticsdelivery Omg 650K this year? that’s neat, I was actually reading an articles this morning on Bloomberg about technquees to gain in this dip, but I’m just a noob so i don't understand most of it, who is this advlser that guides you, I’m having serious troubles with my portfolio

[@logisticsdelivery]

@@victorcardi2019 Patricia Susan Wallaitis is actuaIIy the one that guides me, she’s a highIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name.

[@frankie2xx774]

Hey even I just wanted to inform u that I don’t believe any if these comments Sayjng that they are making 6 figures in a week or month lmao I think they are bots I’ve seen the exact same comments in other trading/crypto channels so that’s a red flag lol also you can definitely invest RN into all the blue chirps that are on sale how is the time to buy that’s for sure buy conservative securities and hold them u will be a wealthy man in years to come also there are stocks you can buy that pay good dividends . There is cryptos u can buy and hold that will explode with in the next few years. So ya don’t listen to these people telling u how rich they are in a week lmao I can’t stand when these slime balls mislead people like this it is disgusting and pathetic that people do that if it sounds too good to be true it is always definitely too good to be true lol . Day traders they do quick trades ya they can have really pro days but it for sure doesn’t happen everyday sone guys are really really good but even they take losses the best way to invest with stocks and bonds is to buy right now there is basically a sale on everything lol they say these are the times when stocks are at all time lows is when people do get rich in the next bull markets

[@tomasmalukas8259]

good luck with: 1. Doubling in loss (Martingale). Started with 200 but at the end (breaking hedge leg) you started with 2x or 400. 2. Adding in a loss (Gambler's fallacy) 3. Nothing about actual problem - keeping on the plan (e.g. no SL adjustments etc) 4. No correlaction to Majors and Fundaments etc... however, being Painfully-Simple-Stupid (as a Strategy Named) and just willing to lose in long term - this is a perfect strategy (or risk management). thanks for fun video, nice played, appreciated! ;)

[@Djhylowmusic]

Nah ur gay lol

[@Djhylowmusic]

I know many people who use this

[@ronyorobio7096]

@@Djhylowmusic Your thoughts on what he does at 9:49? I call that part mental gymnastics. When the price drops to the red hedge zone and immediately bounces back, he is not closing the first buy at break even. He actually loss at the hedging zone, and then entered in a sell, for the market to turn immediately up, hence doubling his losses, instead of having one break even buy and one $200 potential loss from the hedge sell.

[@KaptainKhaos70]

🎯 Key Takeaways for quick navigation: 00:00 📈 The speaker suggests a simple approach to trading using support and resistance without complex indicators or strategies. 03:07 💰 When starting trading, consider beginning with a small account and using high leverage, and only risking a small percentage of your capital per trade. 04:00 📉 If a trade goes against you, consider using hedging instead of stop losses to potentially exit with a profit or breakeven. 08:23 🤔 The speaker emphasizes keeping trading simple by focusing on support and resistance levels and controlling risk. 15:54 🚫 The speaker highlights that trading success is not guaranteed and depends on factors like individual effort and intelligence. Made with HARPA AI

[@ronyorobio7096]

Useless summary. That AI sucks

[@splinter2804]

Lov this approah....ppl complicate trading to much

[@gorgisheli4360]

It would've been more convincing without bot comments 🤣🤣

[@Embrace_Positivity]

I’m an average Josephine lol. I’m going to continue to watch your videos. Thanks!

[@Willycheng590]

This was brilliantly put together. I’ve been watching clips on youtube for months now and with professional help, I’m making outstanding progress with my trades.

[@Willycheng590]

I know that learning the ins and outs of trading is not for everyone. Personally, I trust Herman Jonas, an astute trade analyst who has helped me with trading stocks and forex profitably. Not only that, I also get to learn from him! I’m glad I took that leap to believe in him.

[@Sithembile499]

Hello, how can I reach him, please? I need help with Trading.

[@Sithembile499]

I appreciate the feedback. I reached out to him via the mail you provided and we talked at length. I found him to be verified. I’m glad that I signed up and I've begun my journey with him. Thanks again.

[@bangujangID]

dude, you got a sub! love your way and your way of teaching bro! greets from Indonesia haha! youre a funny man ma dude!

[@stevensmiddlemass2072]

Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.

[@Curbalnk]

These strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@stonezhu918]

Beginners / huge profit/ short period of time! Look your words bro !!😅

[@jackj3573]

You have a great sense of humor. You know what you are doing, and it's profitable. Smart!

[@beestheknees]

How far away are you placing your hedge orders usually? You have a set amount of pips or are you just eye balling it?

[@NickShawnFX]

Just on the other side of the zone I'm trading a bounce off of - the actual pip number is irrelevant, the only need for the amount of pips to the hedge is to calculate the lot size

[@michaelgoins1886]

Awesome video! The truth about trading. Control risk, keep it simple

[@cliveharrison4507]

Hi Nick just discovered your site been watching your previous videos love your style.

[@janperski8130]

Best video on trading I've seen in years. Learned more than any other vid out there . Thank you for explaining.

[@ericprunty3734]

There is no better strategy because am aware that continuing to invest or trading during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?

[@aigajenkinson2495]

that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you...

[@FirstLast-uz4zz]

You made me a believer of idiocy. I will try your very simple strategy. I like it simple. Thank you for sharing.

[@84gaynor]

Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?

[@kashkat987]

It's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@MIchaelGuzman737]

The uncertainties accompanying this present market is more reasons I have my daily investment decisions guided by a CFP seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy, coupled with the exclusive analysis, it's quite impossible not to outperform. Netted over $550k in ROI since then.

[@Americanpatriot723]

@@MIchaelGuzman737 It makes a lot of sense, good for you, unlike us, you seem to have understood the market. How could you make such a sum?

[@MIchaelGuzman737]

No doubt, the stock market is definitely the most awkward teenager with the wildest mood swings! I began with a pundit by name "LISA ELLEN SHAW". Her approach is transparent allowing total ownership and control over my position and fees are very reasonable in comparison with my ROI.

[@Americanpatriot723]

@@MIchaelGuzman737 I searched her up online and checked out her credentials since I was so intrigued. Top-notch! I emailed her to inquire about accepting new clients.

[@chris-pj7rk]

Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@MoonlightLobster]

Awesome video mate. When you say you hedge the trade what do you mean? Can you talk through the trade setup?

[@MorilloDesign]

Hello, I tried hedging the way you teach it for the first time. Even though I fumbled it, I still wound up in profit. I don't think there are any cheat codes in trading but this is pretty close.

[@sillymesilly]

Are you in US?

[@akirafck09]

You enough popular for other youtubers like The Trading Geek starting copy your content lol good job bro

[@Sarah-vs-Hagar]

You are not the "average joe" marketing Vendor. It is interesting to hear your approach. I have tried and failed Forex for five years, but I find myself giving you an opportunity to see it your way. However, for us who have low margin, we cannot trade the manner you show without a margin call.

[@NickShawnFX]

1:500 leverage and up allows you to do this, I've done this dozens of times with small and large accounts and have posted PNL, trading history, and called the trades live throughout the whole process - you just have to find a broker with high leverage, and only trade assets that have a high average pip movement in order to keep the position sizing low. You cannot do this for scalping because the sizing would be way too big, only swing trading, because the lot sizes would be smaller due to the bigger invalidation zones, thus it won't chew up the margin

[@Sarah-vs-Hagar]

@@NickShawnFX So you understand my dilemma. I use OandA and everyone knows they are crooks. I have to scalp in most cases to make anything, but for me, forget long term trading with this Broker. Thanks for responding.

[@kiwii9520]

saw first 10 sec of the video, paused, hit like button and subscribed:D good video sir!

[@koaafffx]

watched 1:23 and i already liked and subscribed. this video has no fancy editing just you which makes it entertaining

[@TheLateAdopter]

As soon as you said “i’m a complete idiot”, I instantly knew, me and you would connect 😅

[@kebman]

Well how's this for a coincidence! xD I guess I'm only the third idiot here! xD

[@ronyorobio7096]

9:49 Great mental gymnastics you did there. If you bought at top blue 0.1 lots, and you "hedged" by stop selling 0.1 lots at top red, you wont have a buy and a sell position opened. You would be out of the trade with a $200 loss. Now, If by hedging, you mean you sold 0.2 lots at top red, then you actually just closed the top blue buy position at a $200 loss, and now you only have 0.1 lots sold. The price immediately bounced back to the entry of top blue, which puts your stop sell "hedge" position at a loss of yet another $200, so if you close there, you are netting - $400. and if you put a stop loss further up between the grey zones, you are now risking $400 AFTER having lost $200. EDIT: all I said is invalidated if you have two accounts in which you take opposite sides for hedging.

[@AmandeepSingh-qe4zx]

I think what nick is emphasizing here is the trade managment and not the technical aspect of the trade. Even if you have a good technical setup and no trade management. you will lose big amount. Trading Psychology is the key.

[@l4kr]

@Jesusislord-hd7fe I will believe in him if he sends me a billion dollars.

[@Luccidamus]

is this trading options. i'm an actually regular joe and i only trade stocks.. i hope i'm saying that right. but it seems like your using puts and calls?

[@briancollins2250]

Thanks. What if we get stuck with 4-5 hedged trades? Then we won't have enough money for another one and we will lose all the trades we opened, which will be significantly larger than the loss we would have had with the first trade. How can a regular small-money trader use hedging while we know what it can do in a ranging market? Cheers.

[@devarora6671]

True, this strat would blow accounts in a trending market

[@mackanpettersson6854]

this is the most straight forward man i have ever seen.

[@oo-sm5oi]

what if hedge orders keeps triggering? do u continue adding the hedge till the account is blown?

[@JohnOliver-uq6vg]

What are some of the brokers you recommend for starting out in Canada? Thanks

[@MPlain]

support and resistance is all you need really. Keep it simple. Remember. you are at a SR zone. if it goes against you. have a line in the sand where you close it out. Be reasonable with this. I trade closed or almost closed candles only. A live candle could do anything.

[@banginzaza]

Yes!

[@mfonsos]

your average Joe! Love you man! really enjoying your content! keeping also notes :)

[@alexcorrea8855]

Love how direct and to the point this was, thanks brotha!! I appreciate this!!

[@facepalmjesus1608]

what is the leverage you are using on these trades in order to double up the account?

[@vladbivol8153]

12:35 You say you use your experience to decide whether a zone might bounce price or break, so what exactly is that experience. Experience still comes from seeing a lot of price action and forming some kind of pattern bias therefore its not random as you said in the past and i think its a crucial detail you should explain in your videos

[@NickShawnFX]

just follow the setups i post in the free telegram for a year and you'll see how i make context based trading decisions. experience certainly helps, i think everyone would agree

[@leandrosilva6414]

I like you no bs aproach! Subscribed!

[@andreacowley2626]

Thank you for the content and making me laugh.

[@NickShawnFX]

no problem

[@SleepingTiger-vlog]

I really love the title of this video. It always gives me a great chuckle when it pops up in my suggested videos.

[@doyoueatrocks]

Keeping it super simple, managing position size, risk:reward is worthy ❤

[@mookiemiata2391]

This is perfect man, great video that I hope everyone sees. Support and Resistance! Keep at it!!

[@mookiemiata2391]

I do believe things may change though because of so many additional people gaining this knowledge. Do you guys think that things will get easier to read because more and more know the patterns or do you think itll all change in favor of the elites?

[@heybear7271]

hey nick! Pls do a 5%ers prop challenge and prove your trading style work as long as there is risk management. It will be a good series for serious traders :)

[@NickShawnFX]

Thanks for the comment - but I’m not interested. I would have to risk 0.5% or less trading an account with a max daily drawdown of 5-10% to get a split of a tiny net profit month to month - on top of having to follow all the rules and constraints the funding platform sets forth. My opinion - most traders, not all, but most, would probably maybe potentially be better off just saving up some of their own cash, and trading it using high risk with a simple/high win rate system. Then people can trim down the risk as the account grows. I could be wrong, what do I know. All I know is what works for me, so take this with a huge, rock hard grain of salt.

[@heybear7271]

@@NickShawnFX I understand your point. Thanks! Do you :)

[@NickShawnFX]

@@heybear7271 no problem, brother.

[@elwoodpalmer7622]

@@NickShawnFX I could not agree more with you , traders will be better off trading their own money ; these prop trading firms online try to attract new traders by selling their idea of 100k$ but with a 5% daily drawdown or 10 % max drawdown , the free capital is actually 5k or 10k

[@jaco9286]

@@NickShawnFX why would someone risk there own 1,000 or whatever when you can pay a prop firm 100-200 and scale to 1 million. Your answer is typical of most forex channels. When the rubber hits the road. Cherry picking is just that.

[@raydavies5249]

Nick.....you are funny as hell !!!! You should have been a stand up comedian and you don't even crack a smile which makes it funnier!!! LMAO !!!!!!

[@quartamile]

I got lost at starting at 5:40. How do you get profit regardless of which direction it goes? Thank you.

[@brexyy566]

Calls are up and puts are down you can make many betting up and down but you have to know when to buy the contracts does that make since ?

[@didoview]

Looks pretty amazing on a first approach, but when overthinking it , this strategy is pretty much the "double your bet when you loose in roulette", right? This will work out in the long run, but with a 20% bet / risk a 5 time failure will get your account busted. And this can easily happen when you hook in the wrong moment and at the wrong timeframe. Still an inspiration, especially if this strategy is combined with some more TA and "fancy" indicators and fundamentals.

[@victorl225]

That intro is the most honest financial message from a KZbin video I have seen. It should be the gold standard for finance KZbinrs, sadly most financial KZbinrs have made their millions from grifting their followers instead of from their investments.

[@victorl225]

@Jesusislord-hd7fe what?

[@MP_Derrick]

​@@victorl225the guy is replying to everyone's comment

[@manveersingh493]

I made best money when I was just doing S&R. Ever since I’ve started using other techniques my profit went down. I needed to see this today

[@tonyhaltmar1383]

YOU SIR, are a genius! I love the way that you explained this. No bs, no fluff. Easy and straight to the point. Thank you! 🙏🏻

[@S_P420]

I made an indicator that plots basically his zones automatically on the chart🏆

[@llwydanwyl]

that you sir is cringe, just say thank you

[@S_P420]

@@llwydanwyl dafuq?

[@AKOWALINO]

is no one gonna talk about how hes saying you're making a 18% gain ($180) when you're making a .80% gain ($8) would be great if you were making the 18% gain lmao

[@franciscoferraz6788]

@@AKOWALINO I think in forex you usually use some sort of margin multiplier, since the fluctuations are so tiny, you can't really make a considerable amount of money unless you're trading a huge account.

[@LaszloKrempaszky]

you are the best bro ! no bulshits....

[@michaeloliver9249]

Stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?

[@artzystv3113]

what?? why would you liq at a loss? if companies are in profit and look good then u have nothing to worry about

[@Ben-zq6hg]

Amazing Nick. Crazy relatable and funny, but above all, so so very simple! Just manage risk and keep going.

[@logicreason2736]

Moving to a similar system of only doing support and resistance trades. So far, so good.

[@NickShawnFX]

nice

[@Spitfireseven]

Your attitude is so familiar. I just can relate to it. Some people don't seem to want to buy into simple concepts. Some do and don't let you know they do. Thanks for the great video.

[@davidgregory49]

You are completely ignoring the margin requirement required to take multiple positions on a 1k account? This would be completely impossible in the UK & Europe.

[@NickShawnFX]

answered this question already in other comments, refer to those

[@beepositiveforever971]

Yes, in the UK we're legally allowed a max 1:30 margin..... VPS's ?

[@sunshinemodels1]

Thanks Nick. How exactly are you hedging? i.e. are you going long and short or using puts?

[@harrymagooslum5770]

Precisely my question too. What’s your definition of “hedging” and how does that look in order entry? I got lost in what you were doing… perhaps I need to re-watch and see if a lightbulb goes on over my head. Btw, “the trend is your friend” is related to this. Trends do reverse but by definition that’s something that happens less frequently than their continuation of highs and lows. So I give what you presented here some merit. Just need to prove it for myself after understanding completely what you are suggesting. Peace! Be well. And keep smiling :-)

[@ishmailadams7239]

Thanks for this vid I have 2 questions do you just do forex trading and do you use this trading view to buy and sell stocks?

[@mathebulamkhize876]

I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused about the current market volatility, I'm a newbie and I'm open to ideas.

[@nvtnvt9044]

Sounds like a couple of yolo's on some pennystocks

[@benbenayonkirsh2956]

Awesome video!! What time frame are you using for that replay? Thanks

[@syafiqrenaissance6490]

I already practising this technique on my real account and it works.. The disadvantage of using this technique just like you shown in your video above is it took quite some time in order to close floating loss with breakeven. But that depends on what TF you are using. Anyway, good video presentation dude..

[@NickShawnFX]

yeah, it takes time, but i mean, what else are we gonna do? the time will pass one way or the other, so just set the alerts, smoke some weed and wait until the next price level gets hit

[@boboiboy9350]

Yeah, you heard him. Just smoke weed or some sh*t. Nick, youre the man!

[@salahbakijulio]

​@Jesusislord-hd7feYeah man we love Jesus Christ as you do but we need to make a living on this earth. I hope he helps us to make our trading results better evert day❤

[@CASH_111]

What's the broker and trading platform you use?

[@chrispaul3778]

We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification. Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.

[@Siegeclan34]

Ok Bear. CPI report is not out yet wtf.

[@plstrom]

can u elaborate a bit better the edging thing versus the stop loss ? thanx

[@BigGeeMan]

No many trading videos that cut the shite out. Well explained

[@markc5771]

Dude, thanks for this. I've been overthinking and overtrading trying to "trade with the pro's"

[@derricksmith1498]

This was funny, informational, entertaining, educational and then some! 😅 Good show, mate!

[@frixfilm2866]

Hmm I love your approach I've been trying to combing a lot of info into one account which goes wrong but I think simple s better

[@lurkwave]

problem is margins, 400 dollar draw down wont fly for some brokers

[@NickShawnFX]

with your leverage at 1:500 or 1:1000, you're not correct

[@lurkwave]

@@NickShawnFX Not in America. 1:50 ONLY

[@yeahh9857]

I peeped those AU & EU trades from earlier today, projections of few hundreds but for some reason I don't let myself stay in the trades too long, made profit yes but if i would've let them run til this time I'd be even more in profit. Any tips for getting out early ?

[@NickShawnFX]

track what your metrics are after you exit trades, and let the data tell you whether or not your system would be more profitable letting trades run. if so, conquer your inner b*tch to hold the trades longer, it's that simple

[@yeahh9857]

@@NickShawnFX awesome thanks for the reply ! Will try to channel the inner b*tch to become more of an inner warrior 🔥

[@bilalqadirpk]

You are really the best. Learning a lit from your videos and telegram channel.

[@scottak2111]

I'm sure the answer is gong to be that you have specific parameters for "no trade" conditions... But I'd still like some input Brotha

[@PatDaley]

how do you calculate the point at which you lose your principle investment? Like you risk $200, how do you know where you went to 0?

[@digitalbussinessboss8592]

This guy will go far in life

[@satorizero5448]

This was thoroughly entertaining thank you

[@briancollins2250]

Could you please show an example with a strong upward or downward trend? It is very difficult to survive that without hefty losses. I tried following your approach (trading at SR) but as they keep getting broken (due to strong trend), the early wrong trades cannot be saved.

[@slyose6154]

Look up his video "The ONLY Video You Will Ever Need To Trade Profitably." That's about trading the trends

[@angelofdeath4779]

Because he getting money from youtuber.not trading

[@Mr11thhour]

The Funniest trader ever... I totally crack up every time you say something... Thanks for the smiles NIck ;)

[@LuvinPetta]

1.15 Wait for price to get to a support zone and we gonna buy. Wait for price to get to a resistance zone, and we gonna sell. But at Support zone Sell at Resistance zone 08.00 Keep it simple and control the risk. 12.00 If you're starting a small account as long as you don't... 4.30 Buy at a support zone. 15.00 You just doubled an account in a few trades. Using just SUPPORT and RESISTANCE and simple trade management using HEDGING.

[@stefanalexandru2676]

so what if you hedged and its a fake brakeout.... seems easyer then done

[@blaquopaque]

Only if a good amount of folks do what you teach, just imagine how many millionaires we already have or will have in the future. Not the sad statistics where at least 50% of people are living paycheck to paycheck, even for high income earners. Great contents as always!

[@glenbert1396]

A relatively simple way to build wealth for future generations is to consistently invest in top-notch, dividend-paying REITs and blue-chip companies over time.

[@smithmurphy]

Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.

[@shirleneunglesbee1423]

@@smithmurphy

[@alexanderdimitar7154]

@@shirleneunglesbee1423 How can I touch base with Jill Marie? what are her services like? is she verifiable? do you think she can help me, I live in Canada.

[@shirleneunglesbee1423]

@@alexanderdimitar7154 You can easily contaact her by conducting a quick inteernet seairch with her name.

[@PCG2022]

Great video. How do I have the tool template you use in the top right? I have stay in drawing mode active, however, the tool option in the top right only gives me "Apply Default Drawing Template" which is blank? Can I make a custom one that stays on screen? I am doing a replay and simply need to learn this step-by-step in practice and I also need to add quick access to the tools with in that template.

[@margaritamorozova25100]

Smc wasn’t working for me but I kept continuing because I follow a lot smc traders and saw their results... But I was failing failing again and again. What’s wrong with me?! Am I so stupid? But I thought there should be easier way to do it. And when I lost hope just by accident saw your videos and something triggered inside my head. That’s awesome! I’m trading almost a week on my demo account and I already made 70% risking 5% per trade(RR 1.5). Insane! Thanks Nick! You are my favorite trader!❤️

[@NickShawnFX]

keep on keeping on, 'Rita. cheers.

[@margaritamorozova25100]

@@NickShawnFX It would be nice if more people get to know about you❤, so maybe you can name next videos something like “support/resistance or supply/demand” because I search on KZbin these key words and nothing sensible came out

[@johnaart]

​​@@margaritamorozova25100I think everyone has a particular strategy that clicks with them... For me i tried everything but SMC was the one where everything connected.. So dnt feel bad that other things didn't work for you. Am glad you finally found something that makes sense and works for you.

[@endurance_pilot]

This dude absolutely nailed it 😂 Just brilliant 😂👍

[@stjepanhauser7595]

"From my perspective, this highlights the importance of having a competitive advantage as investors. Merely mirroring the market strategies of others is insufficient in achieving optimal results. I am currently grappling with the decision to invest in the current market, as it presents both uncertainty and opportunity. Could you share your insights on this matter?

[@denniswise1460]

Scammers