Follow literally everything I talk about in this video, LIVE, every day - in my free telegram channel. t.me/mfxpublic
@kevinjohnson3521 Жыл бұрын
What is your take on trendlines being S&R? Someone told me about it a couple days ago
@TommyRoussel-ok2sf Жыл бұрын
The ultimate AI trading tool goes by the name of
@TommyRoussel-ok2sf Жыл бұрын
aihihouse
@TommyRoussel-ok2sf Жыл бұрын
I found it using
@TommyRoussel-ok2sf Жыл бұрын
.
@LiquidityOcelot10 ай бұрын
In short: Traders rapidly buy and sell stocks many times, Investors buy a stock once and sell it once after many years.
@VanillaCherryBread10 ай бұрын
Feel pretty stupid for not understanding the market and therefore I can’t indulge. Wish all of you whom do get it the best with it!
@FirstIdrinkCoffee10 ай бұрын
Eh, if you don’t do anything silly and try to keep a low risk, it’s quite fun n beneficial :)
@VanillaCherryBread10 ай бұрын
Easier said than done even following these KZbin videos don’t cut it
@henrymitchell971710 ай бұрын
Also struggling, been at it for months but securing profits is just like pulling teeth. This is overwhelming!
@FirstIdrinkCoffee10 ай бұрын
Best way mate is find a genuine mentor that’s done it and gone through all the hassle of refining and applying rules to fit
@mantistrading8 ай бұрын
Nick you are so right. After 10 years studying every trading strategy, philosophy, and using every indicator in the world (well almost every), anyway I literally GAVE UP in January this year (2024). I got rid of every indicator; I just went to an hourly chart and drew silly rectangles above and below price and used them as risk management, and, because I was so frustrated and pissed off, couldn't give a sh*t about what happened... and holy crap my results are so much better. And NO STRESS! Maybe it's a place of frustration so bad that most people need to get to before we all realize it doesn't have to be so hard. I'm not saying ditch all our accumulated skills, but like Nick says, do not abandon your intuition. Let's trust our guts more.
@NickShawnFX8 ай бұрын
Your curiosity is your compass, and your intuition is your map.
@Kloutkulture Жыл бұрын
I gotta say Nick. Your trading skill is aging so well. I’ve been in the free Telegram for about a year and I do not trade fx. I just wanted to see if you were legit at first. These last 2 months of your trading has been so top tier, level-headed, and focused. Not only that but your level of transparency is second to none right now. Not only has every trade been called and shown but the charts are posted before! Great job Nick
@RVEProductions Жыл бұрын
Just gained 7R from the EURCAD trade you announced in the telegram group!
@glennirwin47107 ай бұрын
This video makes a lot of sense. Want what the market wants.
@amgineco Жыл бұрын
35 year loser here.. still trying! Mind stops me from succeeding.. Your advice is very unique.. the Psychology of trading is the brick wall for most losers.. Thanks for sharing..
@MyRook Жыл бұрын
You don't trade you gamble if you're a 35 year loser...Stop trading my guy. It's over.
@alen00k5 ай бұрын
Just stop it
@deeksharatnabadoreea77215 ай бұрын
@@MyRookIt's his age.
@Vee_cz_ Жыл бұрын
This is completely true, I started taking trading seriously since end of April 2023 because of your information which are free!! Last week I took my first 50k funded account challange. Finished first week break even. This week I'm planning to fininsh phase 1 (hopefully) if no then i guess it will take me little longer. Love the simplicity of your approach. Genuinely, Thank you
@armedndegen Жыл бұрын
i wish you luck man
@PrimalTrades001 Жыл бұрын
Another classic from Nick!! This may yet be your bestest video on YT! You were talking to me right there! I have no problem executing setups, BUT I do have a problem letting my trades hit at least a 1:1. This video is a gem! All I can say is, thank you once again, Nick❤🙏🙌🙌.
@eu8y Жыл бұрын
This is so true. When I go into a trade with no care mindset I normally do well unlike expecting a target for the day.
@widxchange Жыл бұрын
Bro, this might be the BEST trading psychology video you have given us. Thanks
@jwreturn Жыл бұрын
You have convinced me that my original intuition is correct, and I'm now getting profitable....I fell into the "fixed stop" mentality, it doesn't work for me...a pre-trade plan/expectation is good, but once you are in just go with the flow, adapt to the data in front of you
@jwreturn Жыл бұрын
@@bostonredpill6621 I've been trading on and off for a while, I use trailing stops and trendlines to get out, I rarely use limit orders to get out but I initiate them when I enter to remind me what a good R:R is...I do use ATR to help establish my original stoploss, I try to keep my starting stop over 1ATR (but not always), but I'm holding for at least 1 day...what has changed, as soon as all the data stops looking good I get out vs just letting it hit my original stop loss, this has greatly improved my R:R by effectively lowering my aggerate risk...I let the trade unfold, react to what is happening, this seems to be at the crux of his strategy
@Kloutkulture Жыл бұрын
@@bostonredpill6621it’s a good way to exit outside of swing points
@Manaroundtown753 Жыл бұрын
@@bostonredpill6621exit when you feel you should, the market owes us nothing and doesn’t care about our lines
@petersymons2007 Жыл бұрын
Keeping the comment simple too - 3 words - thank you Nick
@No_Regerts6911 ай бұрын
not so simple if you had to mention that you would keep it simple
@Ajesen Жыл бұрын
so very true, its better to think of trading as a "lets just keep going slowly and see if anything comes off of it" and not like its the only thing thats important in ur life or treat it like it should be your primary income (if ure not profitable that is)
@corgansow6173 Жыл бұрын
I lost it when he always resorts to 10:37
@ericlb8769 Жыл бұрын
You are right Nick , thanks for reminding me ! love to see your videos ...i m following you since the beginning , keep up the good work :)
@DF-by6zu Жыл бұрын
Thanks Nick we all needed to hear this
@andreasofchrist8777 Жыл бұрын
10:49 xDDD i had to laugh, greetings from austria, love your close friends group ❤
@NickShawnFX Жыл бұрын
Thank you for being a client, dearest bro
@andrewdennis62099 ай бұрын
Thank you Shawn. I think what you are saying is finally sinking in.
@cyberdeth8427 Жыл бұрын
My dude!!! You are the goat. Until recently, I've been screwing around with every @#!$@# strategy under the sun. I started watching your "how-to" videos and honestly, it's made a world of difference. I won't say I'm financially free just yet, i'm just trading microlots atm, but my win ratio is around 70-80%. But that's not the kicker. The kicker is that the profit margins are massive. I tried the 5/15/1h timeframes and my ability to spot trends, retests, rejections and breakouts are much better than a week before. Haters can hate, but they don't have a million dollars in the bank. Keep up the good work bro.
@Monarch2047 ай бұрын
How are the results now?
@raymccord9849 Жыл бұрын
Best trading channel. Makes trading simple.
@wernerherrmann Жыл бұрын
First few words ... 100% Now i'll continue with the video
@LucretiusEldritch Жыл бұрын
The best way to improve your confidence is through forward testing.
@tbo2120 Жыл бұрын
THE GOAT 💰 🐐 THANK YOU!
@emmanuelofosuadjei37836 ай бұрын
I am in, and enjoying the contents
@johnkent9582 Жыл бұрын
That, and my lack of success.
@Kilo80Kilo Жыл бұрын
Your channeling Mr. Mark Douglas here!
@sift838611 ай бұрын
You give me hope bro. I'm not going to give up I'll become a successful trader or you'll find me dead on the sidewalk one or the other.... I'm getting there I'm better than I was...
@ラッセル972810 ай бұрын
Same here man. Trade or die. Literally lol.
@sunshinesingh80942 ай бұрын
Found the key ....nobody knows what the fck is gonna happen you are 10000 % correct sir ❤❤
@logicaleyefx7 ай бұрын
What's annoying happen to me yesterday I entered at the right spot ,it went till my stop loss and after just went down like crazy after my stop loss,shit happens like that too
@orettsimpson121410 ай бұрын
Hey Nick, just want to say I love your videos man. Trust me bro keep it up
@mateoi4200 Жыл бұрын
bro that wagyu beef theory just dies me laughing hahah what a guy !
@nweikee Жыл бұрын
Thanks for the advice, I started trading in 2018 (self taught) it’s taken me 5 years to actually create a good strategy, I got a 90% win rate now as crazy as it sounds, but my issue has been greed. It’s such a powerful sin. I’m learning to lower my expectations and just finish the day with a 10% profit instead of my expected 40% (it hurts but I’m getting used to it) most of us actually have good strategies but our expectations are too high!
@Monarch2047 ай бұрын
How do you have a 90% win rate please explain to me how?
@Coted1988 Жыл бұрын
Nick Shawn, I love you!
@WaldemarBiernacki Жыл бұрын
That's the solution, amazing. Thanks.
@calvin2317 Жыл бұрын
You nailed it Nick!
@markfoy3318 Жыл бұрын
Great video. you totally described me.
@galwright7853 Жыл бұрын
Awesome mate, Every trade is a flip of a coin no expectations.
@orettsimpson121410 ай бұрын
Same thing reaching me bro..rn I’m in a trade and bro it gonna play out but when the price start doing that shit and you get scared 😂😂..I’m just growing and learning everyday bro. This one deep and makes a lot a sense bro
@jrowenjr Жыл бұрын
Thanks! You just verified, what's taken me years to finally figure out.
@HowardNguyen-x1w9 ай бұрын
best video so far from you Nick
@livenlearn3468 Жыл бұрын
This video is so right on. Lol, saw my myself all over it. Been trading for about 1.5 years. Profitable all but 3 months which were close to break even. But still traiding very small size. How do you learn to size up meaningfully?
@PERSONA1111 Жыл бұрын
Nick. I've been trading for two years, with ups and downs but overall losing money. I was about to quit trying when YT recommended your channel. I've been trying your simple concepts for the last two weeks (demo), and for the first time in this two years I feel that I'm on a clear path. For the first time knowing exactly what is going on with each trade. For the first time being consistently profitable (not only by luck). For the first time being mostly relaxed while trading. This two years gave me the experience and the "eye" to understand and apply precisely what you teach, and I'm surprised with the results. Right now I dont have the money to take your course (I dont even have capital to trade yet) but as soon as I get it I'll be joining because if with your YT and free Telegram content I'm doing this well, I cant imagine how this can improve with your course and feedback. Thank you so much. You've been the last beam of light at the end of this tunnel.
@trewhizz Жыл бұрын
What was your strategy the past 2 years?
@PERSONA1111 Жыл бұрын
@@trewhizz mostly scalping indexes in the 1 and 5 minute timeframes at the opening hours.
@paulnyagini Жыл бұрын
😂😂😂😂 this is a big laugh for me. My advice is you should never test your strategy through demo.because demo intended to give tighter spreads and positive slippage which in return give you a high probability of success but unfortunately it will cloud your mind thinking you have a powerful strategy.
@-A-76 Жыл бұрын
In despite of some cursing and some weird drawing in your telegram channel 😁 Which I'm allergic to it, your approach to trading is unique, I stopped trading 3 years ago because I blowed all my buy money my bride money my time and am nowhere, when I follow my approach I ruin my demo account but when I follow yours its the jackpot, I can say that the majority of your trade is a win. I will join the group in the near future hope so 🙂
@nickvanetti81 Жыл бұрын
Hey Nick, I have a strategy I’ve found profitable over 3 months(1 month backtested and 2 forward tested). I’ve gained around 3.25R each month, but the problem is I’m risking 8% per trade. Is risking this amount for 3.25R a month worth it? Or should I find a new strategy. Seems like risking 8% PER TRADE is a lot to only gain ~26% at the end of the month? (taking around 30 trades per month)
@teexteur Жыл бұрын
I followed your EURCAD trade today and your are literaly the most insane trader I've ever seen. I made 3.48 R in 3 days with your 3 trades, I'm so happy
@teexteur Жыл бұрын
And 1 thing I've add to my trading plan recently is to don't overtrade especially when your are in a profitable day, like that I manage to not take losses on a profitable day
@thecryptonoob9820 Жыл бұрын
Love your work. Visit South Africa.
@alexmason42011 ай бұрын
i like this guy because he is very realistic
@wesley_snipes Жыл бұрын
Spitting bars at 10:47🔥🔥
@dnnkal4 ай бұрын
Thank u nick
@inthezone202310 ай бұрын
Even 40% percent with good risk management is huge.
@drenoneya Жыл бұрын
I love this guy and yws the free channle is amazing
@leuchtrakete7093 Жыл бұрын
Thanks nick!
@mauriziomoretti5392 Жыл бұрын
Hi. I’m a newbie in this “environment “. And a wannabe retail trader. I’m neither a winner, nor a loser, since I haven’t traded with real money yet. I started watching this channel a month ago, very skeptical, having seen the bad and the worse on KZbin. But what this guy says somehow resonate. I appreciate the no nonsense approach and the cursing. And the self derogatory (apparently derogatory , in retoric is called “paradiastole”) speech: Nick sounds nothing like a degenerate. If anything he sounds like the real deal, so I think I’ll stick around.
@MiniWhale81 Жыл бұрын
You rock Nick!
@gixxerstuntn86 Жыл бұрын
Everything dude just said in this video is facts, I done exactly this before even seeing this video and that's when my trading changed forever. Proper positioning size is key, along with risk management and letting everything play out and not messing with it.
@LuisaSachar Жыл бұрын
Indeed, my friend.
@LuisaSachar Жыл бұрын
One query: Are you aware of an AI that's suitable for trading?
@IrmaTancer Жыл бұрын
The top AI trading tool is named
@IrmaTancer Жыл бұрын
aicollegema
@IrmaTancer Жыл бұрын
I located it via
@ramyfever6 ай бұрын
Loved how you called your list of stocks WTF 😂😂😂😂😂😂
@abdulkaderaliosman3272 Жыл бұрын
Hi Nick! Sant to Ask you Wether you do correlation before you take a trade or you just look at the chart ?
@kravchan Жыл бұрын
That's for the bullish wague joke
@davowood1 Жыл бұрын
Nick - just wondering when you DO add a TP to a trade? If you leave it overnight? Or do only hold trades during daytime and watch them like a hawk - and take profits manually?
@amgineco Жыл бұрын
LOVE IT !!!
@TheTrdrX88 Жыл бұрын
Game changing information
@wallyg8020 Жыл бұрын
Whats the best time to trade cad/ usd estern time zone
@50Kvful Жыл бұрын
Sometimes the drop Wicks Trigger Stop losses and then the next is a V recovery? Any Thoughts. Well I use 3 Time Frames to study Trends to Avoid this scenario.
@Thessence Жыл бұрын
oh yes it is, i lost on silver some time ago and still cant recover, took a position over leverage and got scared too much took a loss, one day later it went in mine direction over 2$... still out of market for 3 months now, but ill be back!!!
@Daninreallife247 Жыл бұрын
I’m already at the point where I don’t give a F!! … I don’t know if I’ve quit altogether or if I’ve reached a breakthrough 😂
@jerryperwal8569 Жыл бұрын
Nick your a fkn trading STUD & have made my trading journey much easier respect brother from Vancouver 🇨🇦I pray for you well being May GOD BLESS YOU BRO🫡⚓️😎
@Ff-jg8lo Жыл бұрын
Legit saw this video on my timeline and said I'd watch it later only to paperhand a 388C QQQ today when it -20%. Idk where to set my stop losses or when to obey my rules and when to bend them. Probably should have watched this before trading today.
@AdriannPA Жыл бұрын
Are you profitable in the Forex Market or a coach?. Do you have your own strategy tested by yourself in the market? Or the profit you generate is throught KZbin content? Where is your certificate from FTMO or other firms? I don't really uderstand how the world works.
@paulnyagini Жыл бұрын
If you are relly smart then you will know that most of trading strategies are pure gambler fallacy.if it works it means you are lucky. But most of time will not which explains the cycle of doom. Good risk management and phycology will not put you on green zone. You need to understand the market better. At least that way you may stand a chance to win.
@Dezba19 Жыл бұрын
Hey Nick, been following for a while in fact just finished up that EurCad trade with you. I want to know what broker you use or could you point me in the right direction, because right now I use a regulated broker but the leverage is sh*t, so I wanted to try some others. You have anything in mind?
@denniskapungwe Жыл бұрын
Sounds more like reverse psychology marketing to me, but I like the idea of simplified trading.
@JoshJorg443 ай бұрын
I made a practice account the other day and have already turned $1000 into $2795. Almost all of that was off of one trade. I saw that Bitcoin looked overextended insult that it was going to have a pullback. Sure enough it did and I made most of that off that one trade
@bleeda2 Жыл бұрын
The Support/ Resistance technique is nice Shawn. Are you ever gonna teach us the Big Money, Wychoff, Fibonacci, VWAP, Bullish, Wagyu Beef Candle Technique though, it sounds awesome but you never explain it😅😅😂😂
@realtrade-s3j Жыл бұрын
Free tele is quite good
@Ki11ah_pips Жыл бұрын
6 years and a half trying to be profitable, I’m getting funded in the next 3 months.
@bentlywoodrow7188 Жыл бұрын
I'm convoluted just a little. LOL
@yannesswong7256 Жыл бұрын
Holding AUDCAD and not fear of nothing
@JR-dk7ec Жыл бұрын
my stupidity is ruining my trading
@Sikamikanico Жыл бұрын
this is facts
@mianomiano6334 Жыл бұрын
Wow 👌🏽 this is aced. I love your line of thought. I'm in the telegram channel and I wanna upgrade to your close friends soon hopefully.
@RVEProductions Жыл бұрын
You commented this 2 mins after it uploaded 🤣😂
@zentox6396 Жыл бұрын
Hey nick, do you think there is a way that this trading style and adding to winning positions can work in the 1/3/5 minute timeframe?
@starlordyt61515 ай бұрын
I tried this for scalping, sometimes it helped me to bring little more profit and but most of the time I ended up wrong and had to close it at breakeven to reduce my exposure, so it's a tricky strat honestly but fun to watch!
@jjdiaz486 Жыл бұрын
Is it me or you are balder today? Hahaha that head is shining 🌟
@Onlinepropertyexplorer Жыл бұрын
you want loads of shorts making for your channel?
@skyscout311 ай бұрын
y do u close ur eyes like that
@thrdworld559611 ай бұрын
🔥🔥🔥🔥🔥🔥💯💯
@akits856 Жыл бұрын
checked
@juliansiuksta280511 ай бұрын
Just today, on your Telegram Channel, I noticed you closed a Long on AUD/JPY, after it tested a zone, rejected, fell back.... So, I opened a Short.About 2 hours later it had made a profit of approx. 17%. Is this a good technique...?
@juliansiuksta280511 ай бұрын
@Tapicontowtsapme And later today, at 16:42 Australian Eastern Time, it was showing 59% profit. Although this was a demo account with Traders Way and I had invested a hypothetical amount of $1,000, equating to about 3 standard lots. The massive leverage obviously helps!
@muhammadakash2804 Жыл бұрын
You just can’t disagree with him
@LukiGames0 Жыл бұрын
I personally prefer trading robots for daily trading as they work on pure data and properly programmed bot with backtested strategy can earn a lot more than beginner and can work 24/7. But I am also trading from time to time manually once opportunity happens.
@hardware14411 ай бұрын
Started paper trading on tradingview. U get a 100k to play with. Im now at 19 b... Reality is very different tho. Haha
@sunshinesingh80942 ай бұрын
❤
@laizn3242 Жыл бұрын
👍👍
@liquidh5226 Жыл бұрын
Are you a prophet? I was thinking the same.
@inthezone202310 ай бұрын
😂😂😂😂 ICT students over analysing and overthinking it...am one of them by the way but I have found the concepts with lots of unnecessary analysis...trading is coin flip. A simple edge puts odds on your side like a casino...am finding this intuitive trading quite effective; my focus is so simple, double top double bottom..the top can be anything; two candles or multiple candles forming top/bottom. I also focus on shrinking candles as a loss of mometum followed by a bullish or bearish bar.
@brianmolele7264 Жыл бұрын
Bro like are you Psychic ? like how do you know that I'm going through such now ? The timing of your videos recently are questionable.
@LostSectorOnline Жыл бұрын
as some one said about elon musk and his hair, you're not balled, you're poor, elon have a poor hair before.
@pewlivepie5006 Жыл бұрын
Screw day-trading. Screw furus and gurus and all y' all! I AM DONE. YOU should be done. Where are the statements Nick? Where are they?
@a3_a3 Жыл бұрын
lol u ngmi
@Pogdub Жыл бұрын
❤
@CurtisThiron Жыл бұрын
Completely destroyed some npcs and about £20 of mine but okay
@kevinjohnson3521 Жыл бұрын
Fear God…
@kevinjohnson3521 Жыл бұрын
@Tapbiotowtsap.make Christ your Lord, trust & obey