How to Profit Even When Trades Go Wrong w/ Nick Shawn

[@TheNinjaFXTrader]

Adding to losing trades isn’t just a calculated move-it’s the wisdom born of experience, like a seasoned fisherman who senses the tides by instinct alone. Intuition, honed over countless market cycles, whispers when to lean in, when to hold steady. It’s not about numbers on a screen but a deep understanding of the market’s pulse. Experience teaches you to feel the shift before it happens, to trust your inner compass. In that moment, adding to a losing trade becomes not a gamble, but a quiet mastery.

[@anisbara8532]

LOL such a dumb take dont do it pls

[@hgkpereg]

A few months ago Nick called S+R most important. „Over and over again“. He showed us daytrading in M5 timeframe. Now it’s intuition in H4, daily or even weekly. Looking forward to next year

[@TheNinjaFXTrader]

As traders evolve, so do their approaches. Everything works. What matters is that you find what works for YOU.

[@johnnycochicken]

S+R still factors into his intuition somehow but good point

[@btoss1]

He said to use 0.01 on a loss and then add. How many losing trades in a row do you keep it at 0.01 lots? When do you start increasing the lot size and by how much? For example, after 4 losses in a row at 0.01 do you increase the lot size to 0.02 or 0.03? And then how many losses do you stay at 0.02 or 0.03 and then increase it and by how much? The details matter.

[@AminS-t6j]

There are two distinct concepts: adding to losses to avoid the pain of accepting a losing trade, and adding to losses as a strategic edge, especially in lower time frames where anything can happen. Additionally, most people tend to hold onto losses longer than profits, which generally leads to significant long-term losses.

[@B_M]

Adding to losers work most of the time...but that one time it doesn't work, you can blow up. His way is a smart way of doing it. Have a daily loss limit around 1/4th your total loss limit. Add until you reach that number. If it works, it works. If it doesn't, you have 3 more chances.

[@hakhastudio7575]

it works for me, the missing piece is I need to find the criteria when I have to take loss. 30 wins in a row make me insecure, I have to take 1 or 2 losses.

[@unpocodetodo6123]

Hey do you tested on NQ or props ?

[@hakhastudio7575]

any strategy is OK, the Nick's way is to manage the risk

[@laisvydasbeconis9374]

@@unpocodetodo6123props has 5% daily dd which makes this really hard to work, unless you gonna use very small lot size but then you will pass challenges very long time

[@Market_jackal]

Same here. One month into it and not a single losing day. I worried about „but when should I take a loss?“, too. So far it seems like if you wait long enough you will almost always get out at least BE

[@umartareen9586]

​@@Market_jackal what's your entry strategy and exit strategy?

[@TheNinjaFXTrader]

Withdrawing profits after doubling small accounts is like harvesting crops before the storm-reaping the rewards while the fields are still abundant. It’s the art of taking what you’ve earned before the market’s winds shift. Each harvest strengthens you, preserving your gains, keeping your account fertile for the next season. By pulling profits regularly, you safeguard against the unpredictable, ensuring that each victory builds upon the last, grounding your success in steady growth.

[@Twitching0991]

Designate different accounts on different pairs. If you blow a few the winning accounts offsets the losing ones. That's the risk structure. Not dependent on stop loss. The account is the hard stop.

[@TraderMatt89]

One thing that was not mentioned was journaling your trades. Track your trades and review them. That is the key to learning from your experience MUCH faster.

[@mohammedissa9354]

Which journaling tool do you use ?

[@stevensteven3417]

To much work

[@cuttingedgeSMCpredator]

Nice interview Cam. Yes you can have intuition but it has to go hand to hand with experience and knowledge otherwise you will be loosing more than winning .

[@TradingNut]

Agree 👍

[@st3althninja721]

It works if you size correctly and add at key levels and with the trend

[@MrMrsilentrock]

But the relative drawdown is too large for the prob firm

[@tyler350]

You could try on a cash account with TQQQ or UPRO 3x leverage index tq is $71 share, and UPRO is in the low $100. Small profit, but you don't have to navigate the prop firm rules. Good luck.

[@sibonelelohlatshwayo7753]

Even if u can flip a coin to decide whether to buy or sell. With a good risk management and positive RR of 1:2 u gonna be profitable

[@rg950]

martingale. it works - but people are too ashamed to admit it. even if it fails, 9/10 accounts work with martingale, your winners outstrip your losses.

[@uzhoutx]

❤ Didn't recognize Nick @ first. Thank you, Nick and Cam.❤️

[@paintflw]

Good interview, thanks, I also have started expirementing w DCA, and it is working on swings , using MYM ( smaller point value than MES/NQs) on futes to practice, and been enjoying Nick Shawns vids for some time

[@brendonking5489]

Hey man, I follow Nick a bit. I was just wondering if anyone has ever told you that you look and sound like Aussie comedian Kinney?

[@TradingNut]

Damn, you’re right! let’s hope he doesn’t shave his head 😂

[@brunobral5485]

if instead of using the same size 0.01 I use the Fibonacci progression 0.01, 0.01, 0.02, 0.03, 0.05 etc. a smaller reversal is enough for me to earn. What do you think?

[@rg950]

martingale. it works - but people are too ashamed to admit it. even if it fails, 9/10 accounts work with martingale, your winners outstrip your losses.

[@rastrus]

How long do you stay in one trade?

[@Dante_Roje]

Doubling an account trading DCA + small sizes can take ages

[@fkn_berny651]

Only if you are only trading one/two pairs. If you size properly you can take many trades on many pairs. At that point you are just managing margin and constantly opening/closing orders

[@olly2120]

@@fkn_berny651yeah but any one of those pairs can blow your account. Nick himself gives the estimate of 1 out of 4 or 5 series of trades may result in a blown account. If you are trading say, 5 or 6 pairs….or more…your risk has just jumped up significantly. DCA on multiple pairs at the same time can turn against you and all of a sudden, that small sizing becomes quite massive.

[@patrykgorecki581]

Took me 2 months to double....my first account £500 Risking 0.02 and 0.04 lot per trade

[@zewlson8617]

​@@patrykgorecki581That's more of a risk than what Nick recommended 2k for 0.01lot. I think with your approach you will blow more accounts than double. Will give this a try after I traded Malaysia SNR for a while

[@abdullahimohamed88]

Abraham Lincoln himself

[@arthurtsekouras6227]

Nick changes his strategy every year. Now his latest strategy is to load up on losing trades. Great way to blow accounts.

[@nick0lasj0nes73]

Nick is trying to get his beard long enough so he can do a Beard comb over.

[@janisb3280]

0.01 lot size for every 2 thousand, but for how many pairs?

[@sibusisonkwanyana3265]

All the minor and major pairs, not exotics. Forex pairs to be specific

[@richan8191]

Nick is good at what he deos, but to me this is a martingale strategy, only difference is enter anywhere your experience tells you to. It works, but as Nicks indicates, experience and risk strategy are a must, and you inevitably will blow accounts on occasion...so get experience before trying this.

[@bestifyclips5261]

The difference from Martingale is the second third etc positions are nor doubled, they all are the same lot size (0.1 the exemaple he gives). It is mush safer thean Martingale.

[@TraderMatt89]

Had a feeling this would be Nick (based on your email, Cam). 🙂

[@TradingNut]

Well done 😂

[@septianibrahimovich6620]

This is Work 100%

[@HowSmartSheepTrade]

If you pick the right forex pair you can collect positive swap. I prefer to trade spot on stocks, this way l can't blow my account and l'll turn my losing trades into a covered call.

[@rastrus]

Which stocks do you trade?

[@HowSmartSheepTrade]

@ depends if stock is within my price range to sell covered calls if the price drops. Also will only trade US stocks and stay away from pharma stocks, right now l trade clsk.

[@mjennifer142]

Mmm that’s why the millionaires say to pay yourself first

[@M1CKYLE]

This works for him and won't work for you. If you hold a trade that long at some point it should go into profit. That's just my POV

[@a7kabu]

I don't mean to interrupt your otherwise very busy day, but... USDCAD has closed bearish on the daily. Hold on tight. Sell the car. Sell the house. Sell your first born. USDCAD is ready. 😂😂😂😂😂😂😂😂😂

[@ace1-n2q]

im on it already 2 lots in

[@YDellamonica]

Martingale is always blows eventually

[@rg950]

but 9/10 accounts win with it. your martingale losing accounts are 1000 dollars, but your winning accounts are about 6,000 dollars.

[@joeblow5588]

losers average losers

[@IgorVolyn]

Talibans in the house LOL