stop trading with a strategy, do this instead

[@NickShawnFX]

I’ve shared all my daily trades and analysis for free for 5 years in my public Telegram: t.me/mfxpublic

[@malikkashifnawaz]

nothing in this channel.

[@Lunaloop92]

It took 3 years to understand that day trading doesn't work for me. Only since I do swing trading (I hold trades for many days) and work in the Daily Chart, things have been going well! Thank you for your help❤

[@JuicedMoose]

I'm the same way. I have to use more of a set forget style. I look for trades put them in my task manager EA and move on. Living in CA only gives Asian session. I don't know how Nick sleeps in Texas time LOL

[@mooncake4329]

Can you please tell me more about your strategy?

[@matus6021]

@@mooncake4329 place trade how you feel 🤣

[@doomslayerforever2858]

Fk swing trade day trading is how u get rich

[@oftenwrongphong]

@@JuicedMoose In the CA, too, and I'm getting burnt out due to lack of sleep. Please tell me more or point me in a direction to learn about your "task manager EA". I did a google search, but non of the link deal with trading. Thanks.

[@watsash]

This is the mic drop video….! The ONLY and FINAL trading (no) strategy video to watch! Thank you 🙏

[@Cent2MillFX]

This is exactly how I trade.Once I see a trade playing out I wait for a minor pullback on a 5min and enter again aggressively.This is the reason I can pass any prop challenge with only 1 trade.Thank you for reaffirming my way of trading.

[@Devin-lolzz]

help plz.... I spent 3k on prop and all failed....

[@jackslayer5621]

So you wait for pullbacks before scaling in, when are/are there times where you would scale into a winning trade without waiting for a pullback? Like just scaling in on the 'momentum wave/candle'?

[@brounkii]

2024 is your year people, focus on what nick is preaching and you are gonna make it. Nick have a great year man thanks for all the help ❤

[@poonOFdoom8vids]

shutup bot

[@brounkii]

The fuck bro

[@kari8048]

Let’s go I already started The last half of Dec 2023 great. May you be prosperous this year 💯

[@statemoneyclaim8051]

Same to you, let's get it!

[@uknasa007]

even if it is a bot its a positive message@@poonOFdoom8vids

[@Vee_cz_]

it has been 7 months since I started to learn from your KZbin videos... On Firday I passed 1st Phase of prop firm challenge. Thank you for making trading so simple (not easy)

[@michalszyszka8777]

Congrats man! You got it. Calm and stady. I'm starting my challenge right now, after 1.5 yer in the game.

[@aukaisewell2788]

Be careful of prop firms some are good but many steal your money

[@js2sgamer951]

So do you use a strategy?

[@turbosnack]

@@js2sgamer951 bro missed the point

[@js2sgamer951]

@@turbosnack who’s bro?

[@srf2112]

In basically every other KZbinr's FX video they all state you MUST have a system with hard/fast rules so you can repeat it and NEVER break the rules! (no intuition allowed!) The caveat is that they all also state that the system does not work indefinitely for a multitude of reasons at which point you have to re-engineer a new system possibly for each pair. Your non-system strategy appears to have been working consistently for 6 or more years now with slight adjustments along the way. Sticking with a few basic fundamental guidelines appears to be a much better and more consistent approach that allows for personal freedom to think and act on the go. I have been paper trading for 6+ months now and I believe I am approaching pretty decent profitability using these simple fundamental general guidelines. Thank you Nick. When I'm ready to work with my hard earned money I will be joining up with you and your courses. Keep it real that's the only we'd have it. Happy new year sir.

[@mido170]

took me 4 years to get to the point and u was one of the reasons thanks mate and its not about this video just in general cheers bro

[@brounkii]

LFG 2024 is our year people

[@brounkii]

@@AySupp yeah send me your discord acc

[@mido170]

yea sure shlong.00

[@mido170]

@@AySupp sent u

[@ilovfaye]

You learn trading from…..trading. No silver bullet. All indicators can fail and are subjective. You’re 100% right.

[@kidprophet6655]

These past few months ive been coming to the exact same conclusion. Ive been trading for a couple years maybe 3 idk, but this past year that has been a big observation of mine. I also havent noticed any of the actual successful traders I know use rigid strategies (you included) and I myself have found trading by nature of the market and working with what it gives you instead of predicting, works out a lot better. At least for me lol

[@TheHaakii]

same here man, never really understood why trading had to be so damn rigid, i always liked being flexible and adapt with the market, 2024 lets gooo

[@pokegasm1]

Wow, just mind blowing. I’m fairly new to trading only having a grand total of 5 months. Learning and trading, but December was a turning point for me. I couldn’t comprehend why everyone talks about strategies because for myself it didn’t matter if I traded SMC or S&R I would be the reason why I blew my account. My mental control would cause me to over leverage or FOMO or revenge trade. I was a sore loser, but after watching your videos I’m realizing I need to chill, I realized strategies didn’t matter this month and sticking to S&R for simplicity would be easier, than adding in your mindset, that to me is the most valuable thing is the mindset behind this. it wouldn’t matter what strategy you use, the mindset is what I needed to hear. Thank you sir because you have just helped me tremendously, now it’s up to me to implement it.

[@israeldiamond5582]

Got all the ingredients for an eventual failed traded, come back to this in a month.

[@1of1ladybre]

You are a genius by just realizing you're going to lose regardless but with the stop loss your literally putting your self at the best advantage you can't predict the market the algorithm does what it wants !

[@dee23gaming]

Thanks to finally trying your simple approach to trading, my account is finally sprung back from the dead, and catching up to where the balance first was a month ago. The drawdown wasn't terrible, but you could see on my Excel progress graph that I was overwhelmed by all the strategies and noise on KZbin. I should have just kept things stupidly simple and controlled risk and managed my trades properly. Cutting losing trades short, and adding to winners. That I wasn't doing at all, lol. Thanks Nick. I'm laughing at myself now for how simple trading can actually be. My confidence has skyrocketed, and when I lose, I lose small, but my winners are now on average bigger than my losses. Even after I lost a few trades in a row, I still made money on one trade.

[@brounkii]

The thing with strategies is that when they stop working they fuck up your mind and gets you thinking why it stopped working. So keeping things simple is way better imo

[@nelliemillan4627]

Hey , glad to hear is working for you , I'm getting pretty tempted to jump in paper trading and JUST start trying it ! 😮

[@brounkii]

@@nelliemillan4627 bro just start paper trading. Be profitable for a month or two and then jump into your real account. I was trading with small account in the beginning and gradually increased my starting capital as soon as my risk management was profitable. Also my risk structure is somehow a martingale approach but simpler. When I lose a trade I cut it early and then the next one I open is double my risk. Guys it's the most hilarious thing I have a 3 in the row losing streak and then a single winner makes more profit than all 3 losing trades 🤣

[@croaxer2390]

Can you give us an update on how your doing?

[@dee23gaming]

​​@@croaxer2390 Lost money slowly and steadily, because I got sucked into indicators, fundamentals, and other stupid shit. Basically got shiny object syndrome and fear, and got overwhelmed by the fact that the market is random, and so therefore, "I cannot make money". Don't do what I did for over 6 months. Me from 6 months ago had it all. My equity curve was going up like crazy, because I managed my risk and my trades so well (I cut losing trades off if they looked like they weren't gonna play out, but made a lot more by running my winners). I just had to stop listening to other people and trust that what I was doing was working perfectly fine. I had the holy grail, but yeah... Wasted so much damn time and money doing stupid shit. Luckily my risk management is solid, so I didn't go down quickly.

[@u.eriknwagwu7956]

I love you man !!!! This is a fantastic video and absolutely affirms my beliefs. I had been trading crypto's for a while and my win rate was over 70%. I felt that i could still improve and started watching trading videos......all they did was make me feel I wasn't knowledgeable about candlestick charts and that I was doing something wrong because my system of trading was very subjective and not replicable by another person. My portfolio took a deep dive into the red and once I went back to my previous methods I'm profitable again !!! And, your video just bettressed my views. Thanks a lot....keep on doing it YOUR way... A la Frank Sinatra !!! 🙂🙂🙂

[@eugene1775]

It’s really cool you are profitable. What strategy do you use? Or you don’t use particular and strategy and based only on your intuition and what he said?

[@financialtrader3435]

Loved it , just loved it because of "smart money,ICT, order block, distribution fair value gap confluence accumulation " 😂

[@Jjfargo]

Wagyu beef descending bull gap Fibonacci time confluence

[@oppoka]

This is am amazing video. Maybe it's just me, but I experienced a huge epiphany, went on 'Replay' and spent hours there, resulting in what I think is a profitable way forward. If 'Replay' has led to consistent wins, will the real thing be very different. Who knows, we'll see. My two cents are to focus on just few tickers to be in the flow and not miss an opportunity. Thanks man!

[@tcavalo]

Hey Nick, though I may have a slight disagreement, I am in agreement with you 99.8%. Been trading for 4 years, brother, and I can certainly tell you that adopting your mindset about the market really does relieve one of a lot of stress. What really helps me is money management and just being patient. I don't even worry about looking at the charts and I can live my life. Keep up the good work, brother.

[@mordernman]

Bro I need a help I want to know about money management really in a lot of stress right now please bro help me

[@TravisTellsTruths]

I'm excited I found you. I'm literally just trying to learn how to place a stop loss. I'm using crypto to trade but I want to trade stocks too or commodities. I'm hungry. I'm willing to go the distance.

[@Swingto7fig]

Now this is it guys. So long I tell people just this, what’s separates a profitable trader is not strategy but because they have enough experience on what kinda of trade setups the double up on and which one they don’t even have to take a FULL loss on. Over $300k in payout from prop firms and till today I still cannot put what o do as a strategy but experience which people have yo learn themselves.

[@ElParacletoPodcast]

Exactly, zero predictive power, the market is unpredictable.

[@laurentwashere]

Yapping

[@Bigg6987]

I genuinely feel like you are the one KZbinr who has best set up my mind to be a profitable trader. I don't know when I'll be profitable. Before the end of 2024 sometime, I'm sure, but the way you say things really speaks to me. I have a lot of respect for your blunt truth. So thank you!

[@israeldiamond5582]

Does not help listening to this

[@Bigg6987]

@@israeldiamond5582 do you have recommendations to help more?

[@mattevans5631]

Common sense will get you a long way , enjoyed your video mate . Have started forex the last few months never done it before and am just trying to make the best judgement I can started with £250 and am currently on £5000 just by looking at the charts .

[@aureliobjm]

Well, I think it's time to realize "you'll never go broke taking profits." Buffett is also selling! I'm still uncertain about selling my $260k stock account, but considering its recent significant decline, might just get through with it.

[@MarvishaN]

Don't sell; avoid trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term. Or just seek counsel from a market strategist.

[@josephbush]

This is why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $780k, generating sufficient dividends for my household's needs.

[@debwes1]

@josephbush Mind if I ask you to recommend this particular coach you using their service?

[@josephbush]

'Heather Lee Larioni' is the fiduciary advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@debwes1]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@godwinmuchayi9291]

Nick this is the best lecture ever " its never black and white" thanx man

[@rafaelhenriques9363]

Hi guys my first time in this channell, I know people are smart when they blink their eyes very strong! you got a new sub

[@clarencecross7385]

I always wait for a retest and make sure it’s moving in the direction I want (with volume) before getting into the trade.

[@clarencecross7385]

My goal isn’t to catch the whole entire move but just a piece of it, and overtime I’ll scale up to have bigger profits with smaller moves.

[@OOOOO0KKKKKKKK]

man I have backtested so many years of price, and this is just plain true. You take out more total money because there are more total smaller moves. a 120pip move is less probable than a 60pips. @@clarencecross7385

[@presleyy60]

if you have developed this skillset god bless you my man and keep on going

[@ExpatTraderFX]

Same here using supply and demand for my zones and volume profile has been amazing for me

[@Kloutkulture]

What if there is no retest tho

[@Santino520]

“Kill the horse”, I knew what you meant but I still chuckled a little. Thank you for your content. My first video of yours and I’ve probably learned more in this video than I have watching other KZbinrs in a while. I feel like I needed this, I’ve been kinda stuck for a while.

[@justineslick5557]

Appreciate gems like this. I learned my entire trading career theres a strat that works over another one more but it really isnt true.

[@christ7199]

No, find a trading system u can work with, make it simple, have a plan, but definitely use your good intuition as your base. There are times when I go off script. And that's okay. I only trade SPY options. One market. My system runs at least 75 - 85% in terms of predicting the trend before I even enter. Maybe sometime I can take a screenshot of my dashbord. Upwards & Upwards! - CT 14:15

[@RY97z]

Same SPY 0dtes.

[@antoniocordon7]

Nick, this video has kicked my head tremendously. Amazing stuff. Happy new year!

[@ikioma3477]

This guy is real deal. Not trying to teach nonesence free youtube stuff what doesent work

[@wymandyer6261]

Nick youre so hilarious!! have a healthy and prosperous 2024

[@JamieMelbourne-y6d]

Dude you’re a messiah. I know you don’t push for financial advice but your trading mindset has helped me tremendously with trading. Happy new year my friend

[@_Iamdmoney]

Exactly. Even Goldman Sachs had 80% accuracy last year and they have money to make the market do what they want 20% of the time they got ran over. So now people are selling these 80% win rate strategies. Yeah ok. That's why I'm subbed here because we think alike. I've always said in discord servers the best thing you can control is your R:R ratio. You be right 50% or less of the time so.

[@Maurice181]

Agree! Market can go up, or go down... risk management beats 4-5 indicator strategy. All day, every day.

[@SleepingTiger-vlog]

I like hearing this because I am pretty good at predicting but I don't have a real strategy. I've only been practicing a few months, but I'm getting pretty good at it. Yesterday, I closed a trade even though it was only halfway to my TP and I felt bad about it, but my gut said to, and a minute after it took a sharp reversal for the rest of the day. Not sure how I knew that was going to happen, but my gut did. This happens so often. It's nice to have confirmation that this way is ok.

[@gappuma7883]

If you think you "knew" you didn't. No one knows. It was just your fear telling you that. Rule number one in trading: anything can happen at any time.

[@SleepingTiger-vlog]

@@gappuma7883 I thought I was breaking my discipline by closing early and was just being fearful but realized my intuition was spot on. It was nice to close in profit instead of breaking even or loss. It's like dancing to a song that I've never heard before, but kinda knowing what's going to happen next and flowing with the groove.

[@gappuma7883]

@@SleepingTiger-vlog it's not so

[@ConstantinMarius-qo2ur]

Nick 2024 sa fie un an profitabil,mult respect.

[@ConstantinMarius-qo2ur]

@@dragosracovita447 salut ,se aseamănă foarte mult strategia si felul meu de a tranzactiona.

[@barker5487]

The horse betting analogy is amazing! Makes you feel silly for adding to a loosing trade and cutting a winner when you look at it this way! Thank you. Note taken

[@gredenko]

Agree with most of the general philosophy, but the main candlesticks are very predictive if you use them correctly.

[@Amelia94411]

*Excellent !!! Thank you for the concise and to the point update.... I've been trying to grow my portfolio of $200k trading for myself for some time now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions*

[@Amelia94411]

I'm a beginner where can someone reach Mr Morris.

[@FRANKCHIBEX]

Trading as a beginner is quite stressful and discouraging but I'll linking up to your coach. This is useful info❤

[@PhilipWood-eo6fn]

Wow!!! I'm not shocked that you just mentioned and recommend Mr Morris. I learn and earn through he's analysis. Which speaks volumes about him

[@BevarlySofia]

Mr Morris understanding of market indicators is impressive. He knows exactly when to enter and exit trade for maximum profit. He's signals are top notch

[@vashaunjones2773]

As i started trading, I realized your "strategy" can only be so mechanical, no matter how ok, good, kinda good, perfect your setup looks. You have to make the decision at the end of the day the market is forever changing, and your setup is going to always look different in someway.

[@kennythepimp]

Exactly what I needed Nickelodeon, we appreciate you! Realest trader in the world

[@dee23gaming]

You might want to turn off spell checker 😬

[@paultownsend6287]

​@@dee23gamingMaybe he just badly needed Nickelodeon.

[@SpectatingSpeculator]

Thanks nickname

[@elSFOD]

Thats right The hardest part in trading actually to be profitable on the long run, everyone can have a short run success but the hardest part excatly the long term. I remember I was profitable with something for 2 months after that i lost and just lost it worked for a period of time and after that bum lose and lose.

[@ALsoHDFilms]

The way you simplify trading IS the strategy. Good work bro. U really for the trading community 💪🏾

[@rawwar10]

KOBE WAGYU BEEF

[@kelvinrodriguez148]

Gets me everytime

[@gappuma7883]

What

[@irfanhussain10]

After 9 years of experience of my trading journey I have at least found some one on KZbin whose style resembles with me for 60 to 70 percent

[@Marcus-up5wk]

Who got f$&ked on the GBPJPG heading down on Friday..ouch..shit happens..I’ve learned so much watching the market and following Nick..

[@camscott68]

Bro, I know a lot of great traders who use a strategy that is consistant, & for long periods of time, the great Tom Hougaard, Abdullah Rasheed, Trades by rob, & they seem to make it work with 50 to 60% strike rate, I get what your doing but its like your the anomaly brother & I am glad you can just flip a coin & guess what way the price will go then do hedge bets to cover yourself but even following what you do is extremely difficult. Each to their own & I know shit loads of mentors & clients who use a strategy & for long periods of time

[@momergil]

My problem with adding to a winning trade is mostly that, if back and front stops are kept fixed, the new volume is like a new trade with worst risk X reward ratio. So even if once the price reaches that new entry point the probability of going to the gain is now higher then going for loss, that extra is diminished by a problematic inferior RxR. At the end of the day, it could have been equal (and simpler) or even more profitable to just start the trade with a heavier hand.

[@forexguy]

Happy New Year. Continued success for the year ahead. Thank you for all your teachings. Gratitude.

[@totallysick88able]

Most of my trades are actually losing trades yet I am still profitable by controlling risk. Keep a super tight stop and take profits in tiers as it gos in your favor

[@eugene1775]

That’s really cool. I’m glad that someone is profitable in that game. Could you please tell that strategy you use?

[@totallysick88able]

@@eugene1775 I just watch the 5 and 1 min chart and wait for the price to reach obvious areas of support, resistance or pivot points and trade the reversal and stop out of it keeps pushing instead of reversing

[@nelliemillan4627]

Your teachings are too good to be true , but I'm sticking to it because you're the simplest , easier , no drama trade I've found .😊

[@poonOFdoom8vids]

you aint sticking to nothing bot

[@adam55719]

@@poonOFdoom8vidsare you saying this guy is a scammer?

[@poonOFdoom8vids]

@@adam55719 No all these comments under the video half of them are fake bot responses.

[@PERSONA1111]

Its like with every video you are trying to make an improved version of the previous video, and you nail it every time. This one raised the bar by a lot!

[@AlexandrBorschchev]

I just turned 18 2 days ago. Time to start up an account!

[@sciencewizard8805]

Interesting take. Similar to opinions I have after 2 years of learning/practicing trading. I have patterns ect I look for. But it seems like it take intuition and good decisions to be profitable. I've found strategies with rules that can work over months. But I've never found and proved something that can just beat the market consistently.

[@sciencewizard8805]

One time I found a strat so simple for an asset I programmed it into a bot. It was consistently profitable for months before I started trading the strat (backtezting) and worked for a few months until the market crashed. I checked on other assets at the time, and it only worked consistently for matic at the time.

[@Lonwolf.]

8:52 Man, you’re so right, not until I simplified my trading that I start to become profitable. I was trying to follow ict concepts with liquidity, making sure I wait until a liquidity waiting until I break a structure let price come back into a fair value Gap nonsense. That way of trading is like rocket science trading should not be that complicated and it’s funny because most of the KZbin videos talking about that strategy will say this is a simple easy strategy……😂 uh for a new person no, it’s not

[@malika9522]

Same, I realized when I started getting too technical I’d lose. As soon I just started to stop follow the noise and trade what I see I started making money.

[@mordernman]

😢😢 bro please I want to talk to you i need guidance please give me some I'd or way I can talk to you

[@Moebn1]

BIG THUMBS UP FOR FACTS!!!

[@maureen...]

PLEASE ADVISE ME. I was told to spread my savings across different things like BTC and Stocks to protect and support my retirement. with everything being shaky,I'm considering going into Trade. i don't wanna make the wrong choice.

[@Godwin_blessing_felix]

Ellen DeGeneres hosted Kate floretta on TV 2 yrs ago that was where I saw kate and followed up.i have also been attending her Trade seminars.

[@vincentstewart1843]

you must have these things in mind 1. Have a long term mindset. 2. Be willing to take *risk*. 3. Be careful, if you're not spending to earn back, then stop spending. 4. Never claim to know - Ask questions and it's best you work with an assistant.

[@Mayor1248]

Yo I didn't know Kate was this popular,my cousin trade with her for some months now, I tried but couldn't understand anything it's not my thing tho so I passed Lol. I can testify that trade pays very well because my cousin at 23 bought a house already.

[@janejane386]

When it comes to Trade, I can confidently say that bitcoin is the best option. But most people think it's all about buying and leaving it to rise but It takes a lot more you need to trade it to earn daily.

[@janejane386]

I think I might have came across the name on an interview last year where she spoke about finance.

[@carlosfaria3851]

17:53 Carlos 🤣 that's my name, wtf, that felt personal! 😂

[@nicholasroy9855]

You can’t even depend on video strategies anymore. I have lost chunks of money applying relative strategies. I’m currently working on my market research so I can deviate into other trading alternatives.

[@TommyRobinsonlot]

Best FX vid i have ever watched, apart from the gimp suit, the truth is a bugger.

[@TheHeathbr]

Might be the most valuable trading video on KZbin 🔥

[@inthezone2023]

That is the exact gospel according to the late legend Mark Douglas. ...he said ...'Stop Thinking just enter the trade' ...it's a coin flip...some trades will be winners some trades will be losers...it's that simple..the ealier we traders are comfortable with that reality the faster things get better for us....Also this sounds like gospel according to Tom Hougard...another great trader who simply keep things very simple...it's never black and white...it's trading ''the grey''...there are never certainities in trading

[@bakarijenkins9543]

there is market in the doing the opposite of what the majority is doing lol,great job,the truth is the opposite of all the lies being told and it is profitable

[@thedips100]

You are the man and are so CORRECT

[@edwardsciacca8012]

good Video truthful statements . why do i say this Trading 57 years i lived it . there is a way i don't have the Knowlage to script the way i think for trading . also a second way having an AI reading the CHART'S off the screan .

[@briankaskie7014]

Just watched today Nick... so perfect as i have been thinking the same thing... (semi profitable) but, brain overload. Loved it

[@Starfish.p]

Nick i place pending orders, one above support one below resistance, thats it, i made 2.5k just doing this:3

[@Psycho_Nexus]

I have a holy grail system but need Capital

[@brounkii]

Love the idea, personally I trade with market price it suits me better

[@srf2112]

The one variable in your "simple" plan that you do not account for in your explanation is time. You make the statement that it's "50-50" whether the trade goes positive or negative but that implies that it is similar to a coin flip and happens instantly. With the length of time it takes for a trade to go a given distance either way it may go up a ways and when you decide to add to it it may suddenly turn and vice versa. It is not a linear path in either direction and a lot can happen, including bad decisions, along the way.

[@newstodayyt1]

For those that wanna do this that he just did but wanna use indicators as guidance here's what you can do you'll need rsi and 3 moving averages if you could combine the rsi with the moving averages that's good the moving averages should be inside the rsi So here's your settings your rsi will be default but add these levels 90 50 mark 50 with tp 100 10 80 20 35 and 65 Your moving averages should setup 5 10 and 25 5 set to blue 10 set to yellow and 25 set to red take shorts at 90 tp at 50 and longs at 10 tp 50

[@newstodayyt1]

Do this on pairs with very low spreads if possible so only trade a few currency pairs with low spreads you don't need to trade every single pair

[@Cloudlifemusic517]

Man it took me 4 years to learn this all that double top, wedge, stuff never sense to me. I follow the trend and trade support and resistance that’s where my success came from

[@mikolots]

You are hilarious. I trade futures but learning a lot from this still. I'm learning to depend strictly on price action; how a candle closes. If it weakens, I'm out. And not trading against a bullish or bearish trend like a moron. I will try to have the balls to add as well to winners, thanks.

[@RafaelBirkner]

The only culprit: stop loses are not reducing your risk, they increase it

[@rickfrolics]

Lesson: Trading requires good intuition which comes from experience. It all boils down to discretionary approach rooting from experience in having simple trading rules, and applying applying risk management. Conclusion: study hard about trading concepts, but practice harder. Also this video is not for beginner. If you're a beginner, you won't have a good discretionary approach because you don't have the experience yet, so stick to trading a mechanical strategy first, which is kinda not the point of the title.

[@David-oe7cc]

Mark Douglas's trading philosophy summarized in 19 minutes. with examples.

[@JonathanChristie-od1ol]

Man you are on Fire! Your trading methodology is on point, but I have to ask, your intuition, your know how and how you arrived to this awesomely simple "strategy"... would you say, technical analysis, chart and candle patterns, waigu smart money concepts, ict... helped hone your intuition? Like, is it something we would all have to go through or learn to know or feel when to add to trades or stop before too much draw down. I started trading about a year ago, your content has been the bomb and I will be joining your close friends once I make the money trading. I first found you on the Trading Nut podcast, and you had a shift from your first appearance vs your following interviews which brings up my question. and hey, Thank you for sharing all this stuff!

[@oussamajenprod]

i swear that, this is the video who make me profitable trader, good blesse you hommy 🥰🥰🥰

[@ACTPOHABTa]

You are giving an example of intuitive trading. This is a level that is usually not available to novice traders. But it is definitely a goal to work towards. For novice-intermediate traders mechanical approach is better.

[@puricosanu]

As usual Nick , you're destroying all these fake gurus

[@nayankolhe8355]

I mean Nick...just straight to the face No filters like snap,insta 🤣🤣

[@JenMarco]

I’ve backtested and live tested my strategy and it works. It took 2 years to build the strategy and there’s some intuition involved but it works for me.

[@onyemachristian4365]

Can you explain your strategy?

[@peterwestermann5265]

F A T A S T I C ! ! ! ! ! ! Thank you Nick

[@adamzuniga6562]

I want to come in here a say my peace. You are 1 of a kind my friend... taking this time for others is really a stand alone falice of amazement lol and for free. Thanks for being a soft and kind voice for my mind. Your tone alone has carried me through stressful trades. Much love bro

[@thebarsandstickstrader]

Oh Wow! I never thought of this. I will try that random buying and selling. This is a very interesting video. Thank you for sharing this information.

[@nicebite3768]

Seems like my boy Nick is bored again in these damn weekends :)

[@ifranali8092]

Finally someone who makes sense

[@brounkii]

Welcome to Nick's universe, where we give zero fucks for predicting the market and we manage our risk 😂. Happy new year buddy

[@zamiadams4343]

Basically just sell a course, you'll get consistant profits.

[@Adi_O07]

Here's a take-away from this video 'keep it simple and control risk'.

[@em4736]

I fkn love your attitude dude. I do pretty much the same... with little rules

[@harrymullanida]

I've been thinking about this too. This is profound bro

[@jerrodwatts55]

Real deal...you're the man Nick

[@marvinjohnson7761]

The BEST TRADING VIDEO EVER!

[@dennistrains]

I don’t understand the logic behind the hoodie 😂, but this is the brutal reality of trading. He’s telling the truth.

[@LifeOfJowl]

Shawn has been eating that wagyu beef 🥩 😂

[@sciencewizard8805]

An example of a strat that i think never could work consistently, but might have some uses; using moving average crosses for entries and exits. Its a good way to objectively determine a change in trend. But you are missing a lot of the price action (you are missing the tops and bottoms), and it still can give false signals. I think logically, ir will beat the market sometimes, but sometimes you will lose more, or make less, than holding. But even though just literally trading those crosses wouldnr work consistently in my opinion, i think a person could use that as a starting point for a strategy. Maybe after a bullish cross, you buy in at a 2% pullback or something. Maybe if you adjust it, it could work somehow. I decide on entries and exists a little fifferently every time myself; idk if this is best. And i dont use ma crosses; just an example.

[@sciencewizard8805]

I'm also basically just a monkey who is self aware. And the monkey might lose less money trading than I did in the beginning. Still not profitable necessarily, but I'm not bleeding money consistently now.

[@thrust_fpv]

In the end market always always wins, The next step in making money from trading is teaching others how to trade.

[@joseabboud-2607]

2 years trading. ONE TRUTH. Stop Loss is the damn antagonist that keeps making losers. "Manage Size and Deck Smart". "Turn OFF all indicators". "Just draw supports and resistances". That's it!

[@Insomniac-c7e]

If you think about it, if there was a 100% profitable trader, that trader would be growing his account beyond imagination sucking up all the money in the world like he was a black hole of money. But you don't see that because it doesn't exist. Something prevents that from happening like a law of nature. Or perhaps once they have "enough" money they stop doing it because they don't have to anymore.

[@frankoniko8158]

Many of you dont get it. Its what you do after you hit the button. Trade mgt is a skill. Turning a loser into a winner take skill and exsprience.

[@carlmartel8510]

😂😂😂😂😂....I just back tested last month flipping a coin, knowing a coin flip is 50/50 same as market with results similar to many strategies i tested.....so i believe what you say to be true....btw the coin flip was the easiest strategy i ever used😂😂😂😂...risk management is key to profitability