When I STOPPED using a STOP LOSS I became consistently profitable only looking for 5to10 pips a day. Great vid
@Xausd2 жыл бұрын
It should also be pointed out that with no SL you might enter into a very large drawdown and for a very long time. 2 consequences being that you must have small trade sizes so that you avoid margin call and quickly blowing account, and you must be prepared to accept being 1000 pips down for 2 weeks or 2 months or 2 years or longer, unable to use your money, missing out on all the opportunities, waiting for the market to return to your level, all for the sake of 5 pips. Don't be fooled, no stop loss trading leads to long and large drawdown periods that far exceed 1% of the time, and there is no real guarantee that it will ever come back to your level. I've seen bots doing this, some are still running without blowing account after 2 years, but the 100% win rate hides the extreme and lengthy drawdowns part of the story.
@Azilelom Жыл бұрын
Exactly. Those stop losses print on order flow charts, so of course the market makers will try to hit them. Stop losses are best left mental
@therigidperson40798 ай бұрын
Bro if you are at the charts, sitting and watching the market move.. who needs a stop loss, you can do all the stuff manually
@ericmiller77497 ай бұрын
@@therigidperson4079 you will do that until the market goes the opposite way and you lose 45 pips ins 5 seconds before you can close it out. It will happen
@sandilentshangase621Ай бұрын
😅😅😅😅@@Xausd
@curtislandry8464 жыл бұрын
I learned the hard way in one trade to set a stop loss and be willing to take only 5 pips. $3.00 profit is better than (-$250.00) loss. Ouch that hurt. ☹️🙃😄
@gedionb55424 жыл бұрын
I LOST 2K IN ONE DAY IN OPTION ,YOU GOOD BRO.
@curtislandry8464 жыл бұрын
@@gedionb5542 that doesn’t sound like a good thing. Hope you been able to capture some of that back.
@tradermike54224 жыл бұрын
When ur trade is in profit, you should move your stop loss above your entry, just in case the market fluctuates.
@captaincannabis33214 жыл бұрын
@@tradermike5422 Im not saying thats bad advice, but doing that is statistically going to lose money, for the reason that you said, the market fluctuates. When you do that, you're greatly increasing the probability thay your stop is going to be hit which ultimately leaves you with more small wins that cant make up for the big losses.
@cudbiahmed16733 жыл бұрын
@@gedionb5542 bro sorry but lemme trade for you wr share 50 50 weekly. I also trade options and i lack capital
@geoffmelnick14724 жыл бұрын
USDDKK - spread at the moment 10 pips. EURCAD - current spread 3.7 pips. Be very careful which currencies you trade these ideas on and at which times of the day.
@Xausd2 жыл бұрын
i agree spreads swallow the small stop losses immediately
@compilationmaster846012 күн бұрын
Use eurusd
@MandoTrades4 жыл бұрын
NEVER GET ADVICE FROM KZbin COMMENTS SAYING THEY HAVE THE KEY! SCAMMERS
@danieljamal37093 жыл бұрын
If being a millionaire retiree is your future forte, then keep a close eye on the stock market stakes and ensure that you invest in the right stocks that suit you.
@gilbertharold97623 жыл бұрын
It’s easy to double few dollars in the stock market
@stuartjames18623 жыл бұрын
How possible is it to earn a thousand dollar per month on the stock market?
@georgecooper87503 жыл бұрын
You can surely earn $1000 per month by trading stock market, provided you have in depth knowledge of trading strategy like technical analysis, chart patterns, support and resistance, trendlines, risk management
@dannyvera84753 жыл бұрын
most stocks in my portfolio are underperforming and there’s too much volatility with key stocks. Which stocks would you recommend I buy?
@danieljamal37093 жыл бұрын
you should probably seek guidance, I do have an Expert Tamara Diane Hagan who does the heavy lifting for me, she makes research on stocks, and adds my portfolio with stocks for monthly and yearly earnings.
@richunclejoey22493 жыл бұрын
I like this alot. Risk management is a huge piece of the pie 90% of traders don't get a piece of....I shoot for 1.5-3% a day...200 days a year. That's it. 6 figures a year. Compounding interest is a beast...and it works both ways. Keep up the good fight mate 💪📈
@Lunaloop922 жыл бұрын
So how do you make it?
@davo61642 жыл бұрын
👍🏾
@bigbapester2 жыл бұрын
What did you start with to make the 6 figures a year?
@richunclejoey22492 жыл бұрын
@@bigbapester I use the ATR to gauge where to put my sl and tp. I watch for price to get close to monthly lows if trending higher before I buy and vice versa, price to get close to monthly highs when selling.
@richunclejoey22492 жыл бұрын
And I stop once make 2% or less.
@iscariotmadeo95133 жыл бұрын
I'm still using a demo account, with avg profits of 400 usd per week, Doesnt matter if it is small I'm aiming more on consistency of having more wins than lost ,
@erwinangeles78972 жыл бұрын
How many pips in stop lose applied?
@Khepera_ominis104 жыл бұрын
U can do this with swinging intraday, just target a certain amount that is realistic and take off half let runners 🏃♂️
@lukasmiller80444 жыл бұрын
Do you know you can start your Bitcoin investment trade with $200 USD and earn $2300 also recover from your previous Lost on trading we also have option for $80 earn $200 ask me how on WhatsApp let start it Christmas season👇👇💹💹 +13052036145
@rawlissmart25942 жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflatio
@joshuamichael10322 жыл бұрын
What are you talking about and how could this be explain?
@rawlissmart25942 жыл бұрын
He's the man have been trading my coins with for the pass few months I started with him this year
@penelopealfie94602 жыл бұрын
Speaking of being successful. I know I am blessed if not I won't have met someone who's as spectacular as Josh.
@hallanslim67772 жыл бұрын
Yes I am a living testimony of Mr. Josh Mr. Josh has changed my financial status for the best. all thanks to my aunty who introduced me to hlast year
@davidmoore91642 жыл бұрын
I have also expirence his great work he's good in trading
@aphophys014 жыл бұрын
Have a similar method. It is also a perfect trading or complete bust. The difference is I select a specific range (very wide, like 100-110 usdjpy) instead of direction. Loss condition is if market moves outside range at which point you need to take some measures to prevent full loss.
@richbalkissoon5322 Жыл бұрын
could you explain more? how is it going now? i like your idea
@ehlohimwhil57624 жыл бұрын
You have to have a hell of alot of money to trade this ...if you have an account with like $10k-20k , you can have high lot sizes and make this kind of money
@adamcull4415 Жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
@fridanordin9710 Жыл бұрын
The common mistake we newbie mistake is venturing into the market without help and legit guidance
@brunoroth911 Жыл бұрын
@@fridanordin9710 Yes. You're right it's not watching all videos and wasting time on strategies, I was ignorant doing so till I Met expert Mrs. Bruce Christelle sometime early last year at a startup funding event in New York City. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results, and my trading is going smoothly.
@barbarakoster7637 Жыл бұрын
Investing in Stocks and Forex is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself
@katherinewilliams7354 Жыл бұрын
NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT
@gazmirloshi1870 Жыл бұрын
As a beginner who don't understand how Bitcoin trade/forex trading really works and you really want to make profit from it. I will advise you to first start working with a professional broker
@Mike-ye8qv4 жыл бұрын
There's a huge difference between a 100 pip stop and a 5 pip stop... its called the spread.....
@rohithmp25543 жыл бұрын
U can do with brokers like ic market 😉
@FRAYZEO83 жыл бұрын
@@rohithmp2554 what do you mean with this mate?
@HereIsmarcus3 жыл бұрын
If you investigate the spreads it is possible to trade on pairs and times where the spread is incredibly low - much less than one pip - but you have to be careful. My broker, for example, opens the spread to over 8 pips at around midnight for 20 minutes so I plan to only trade 9am-5pm. Brokers are not to be trusted blindly.
@yassinetalbi58842 жыл бұрын
@@HereIsmarcus Because they are not enough liquidity at that time, nothing to do with brokers trusthworthiness
@zacktim30562 жыл бұрын
another idea, if you want to make sure the direction of the candles just take a position in demo and see, if it's okay then execute it in real account if not then try the opposite, that's of course if it is too difficult to figure out the trend which is a moment that i don't recommend to open any position.
@luigibaldo1034 жыл бұрын
Thanks for the advice but i will continue to rely on experience to make me profits rather than bots.
@dirkoswald91024 жыл бұрын
I have been trading independently for 3 months and I am yet to yield profits can you guide and me?
@petemclean84154 жыл бұрын
If you are still a newbie you can always hire a special advisor
@alfiesimmons85864 жыл бұрын
Luigi Baldo What trading pattern do you use? do you trade independently?
@jakewolfe17744 жыл бұрын
These so called indicators or bots do not even make you enough profits
@luigibaldo1034 жыл бұрын
Alfie Simmons I am also inexperienced that is why i rely on the experienced Con. Edwin Earl to make me profits.
@cozyclimbs92494 жыл бұрын
Without realising, I have already been doing this strategy, I manage to earn £800 in a day with a £300 account, I was just in and out
@cozyclimbs92493 жыл бұрын
@@portraiteditz5201 dw it’s not lol
@po.or-na3 жыл бұрын
@@cozyclimbs9249 I'm trying to do the same. I'm exploring all currencies, timeframes(including seconds chart) and strategies now. May I ask what broker do you use? And any suggestions for time frame or strategy? I have also learnt pine script now to code my 5 pips strategy. So I can help you with the algo if you want.
@cozyclimbs92493 жыл бұрын
@@po.or-na just an update been 3 months now and I’ve bought my second car through forex money! To address the question. I use BDSwiss, for my strategy I only focus on 3 different currency, 4 if the market is being slow, I pay attention to what times the currency’s are very active and wait for 3 confirmation then I’m in, as long as it’s above £20 at least I take it out instantly, before u know if ur have accumulated it to hundreds
@nickchandler12683 жыл бұрын
What lot sizes are you trading with?
@cozyclimbs92493 жыл бұрын
@@nickchandler1268 most of the time 0.20/0.30 and sometimes 1.00
@raimoon3494 жыл бұрын
If someone said its 99% winrate..better ignore it..
@thebinarydestroyerindicator4 жыл бұрын
Rai Moon haha watch my current videos or our Facebook group. I’ve set myself a £6 challenge and I’m currently averaging a 98% win ratio. If you watch my last video called Part 2 I share with you my trading history to prove it.
@SOHAIBAHMAD2354 жыл бұрын
@@thebinarydestroyerindicator help me to get the link
@thebinarydestroyerindicator4 жыл бұрын
Sohaib Ahmad what link would you like?
@SOHAIBAHMAD2354 жыл бұрын
@@thebinarydestroyerindicator 98% win ratio that you mention in first comment
@arttorrez55484 жыл бұрын
Anybody can get a 100% win rate waiting days or even weeks for the perfect set up. No FOMO, timeline, or profit seeking, just perfect win rate record. That's paradoxical to the point of trading. Try doing it at any hour of any day then calculate your win rate. I can bet you it will be dismal. The point of hardcore trading is to be highly profitable over a small period of time and potentially financially independent. And not making minimum wage spending hours, days and weeks, monitoring your charts for the optimal winrate trade for 5 PIPs or slightly more. Everything has context! Even the price movements. Learn that and you'll discover the secrets behind it's predictable movements.
@wolfgirlfx266321 күн бұрын
Maaan. You speak my languaaage. Use the leverage because it’s the only advantage we have. I’ve gone crazy backtesting even 1, 2 pips! Scalping is actually the least stressful to me because you get in and out as fast as possible. I knew I would find someone else weird enough one day 🙃
@carlosmartial68944 жыл бұрын
Never laugh at someone who has a plan, because you see the have nothing on them when you look at them.. surely one day you will be their joke when their plans finally succed... Make investment plans today and enjoy it tommorow..
@sethrandy3354 жыл бұрын
Speculations is an effort probably unsuccessful,to turn a little money into a lot.. Investment in other hand should be successful to prevent alot of money from becoming small...that's why I would always advice you trade with the best trader like Mr Brown...He got the best trading strategy..
@academichacker46874 жыл бұрын
How do i start a binary trading option
@thetradingchannel43684 жыл бұрын
How long do bonuses take to be credited in binary trading?
@madisonfaith20974 жыл бұрын
It can often be a case of soon as you make quality deposit into binary options trading account
@michaelkelvin48734 жыл бұрын
How can i spot profitable trades on binary options?
@ravneetsingh53384 жыл бұрын
Please everyone look at the very end of this video ❤he had got some messages don't just start yearling without watching 😒
@frankthoman48943 жыл бұрын
this guy makes me feel how i do when i stop playing basic strategy and after about 4 good drinks
@Viral-fun-videos-l3e2 жыл бұрын
I like your approach of 'closing 50% of your position at first TP and then move the SL to breakeven'. However, you are not mentioning that only 5pips SL will be very, very easy to hit first at every trade. So, your entry point should be extremely powerful to move you straight in the right direction for the majority of your trades. Do you provide such a powerful strategy, is that what are you trying to sell here in this video? Otherwise, I don't see any meaning here...!
@GLmig2 жыл бұрын
I agree with you. This video is basically saying it's better to be a scalper than a swing trader. But good luck having a strategy that gives you the insane win rate that he showed in the beginning of the video
@itsoktoberight44312 жыл бұрын
That's why you use a mental stop loss, or wait a bit to apply TP and SL. I've noticed most entry positions usually have a liquidity clearout or stoploss hunt right after entry, wait for that then apply.
@mmhthree2 жыл бұрын
@@itsoktoberight4431 Lot's of times I use this word "buy" as well. What I mean in my head, and he's probably using it to say "execute a trade." But ya, as your post above me says Buy at lowest support you can find, sell at highest resistance.
@Viral-fun-videos-l3e2 жыл бұрын
@@TutorialTvOnline TP at only 1.8-2pips? But if it fails, what you do with your SL?
@TradesByJerome2 жыл бұрын
This is total BS. You can't have a stop that close and tick scalp effectively. Idk wtf this dude is on about but this ain't the right way. Calling bullshit
@theinzwin4 жыл бұрын
This has been a revelation and illumination. Thank you so much. Great information. Thank you 😊
@thebinarydestroyerindicator4 жыл бұрын
Thank you
@balachandraalnethaji1548 Жыл бұрын
Nice content, but i’d rather stick to sir louise’s highly profitable and guaranteed winning Dark Clouds candlestick approach
@ceryscollier1539 Жыл бұрын
I too deal with this individual, and I can attest to the effectiveness of his methods and the vigilance of his money-making schemes
@bonniemari4 Жыл бұрын
@@ceryscollier1539 that's very accurate, I never thought I will see subscribers on here praising my mentor😮😮
@balachandraalnethaji1548 Жыл бұрын
@@ceryscollier1539 no doubt
@balachandraalnethaji1548 Жыл бұрын
his direct contact is just tel e gram
@balachandraalnethaji1548 Жыл бұрын
Tradinghold7
@DasJaegar2 жыл бұрын
I never thought I’d see my strategy, I actually aim for 10-15 pips max with a high lot size and my stop loss is also 10 pips.
@Xausd2 жыл бұрын
how do you deal with spreads.?again you must be extremely good to make sure your entry is a sniper one ,otherwise your stop loss will be hit so many times with small moves+spread
@Xausd2 жыл бұрын
@@changchadchanamdong2668 no.mind explain?
@LadariusJackson Жыл бұрын
@@Xausd thats what I am confused about, even the order/execution statement shown at the beginning of the video does not show any signs of a spread. how are people skimming such short moves?
@abandon.38972 жыл бұрын
I only target 3 to five pips per trade and my account is growing I am making 5 to 15 pips per day
@browning50cal3 жыл бұрын
I happened upon a similar strategy which was +10 -40 on breakouts above swing high when above 200 EMA on the hourly. I have been setting these up in micro futures on EUR/USD, AUD/USD and also stock indexes like /NQ, /RTY and some times /ES. I have not been what I call "breakout microscalping" very long, but my percentage win is very high. Small trades yet, but this is no BS. I place all these setups overnight US, and open and close no touch in less than 30 minutes for most of them. Watch and learn, this is not BS.
@thebinarydestroyerindicator2 жыл бұрын
Very Interesting thank you for sharing.
@orkayen2 жыл бұрын
what is +10-40? 10 take profit and 40 stop loss?
@mercyandtruth3162 жыл бұрын
Hey Flight Deck, thanks for the information. It's interesting. I hope you will respond: It's been 6 months since you posted this. Are you still trading the "breakout microscalping", and is it still profitable? Thanks
@Xausd2 жыл бұрын
dont understand.rephrase
@kate.b95812 жыл бұрын
The Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations.
@lawsonroland4762 жыл бұрын
You are absolutely right, investing in forex is the best decision I have made as I keep making profit with the help of my expert guidance
@donaldmicheal44212 жыл бұрын
Trading under the guidance of an expert is the best strategy for newbies
@tylerelliotryan40972 жыл бұрын
I strongly advise you against self trading, it's dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market.
@ladaigor36422 жыл бұрын
That's true most people today have been a lot of failures in forex and crypto sector because of poor orientation and bad experts
@georgemartin1432 жыл бұрын
I will need some expert recommendations please as I really would like to invest invest in forex
@Riggy22014 жыл бұрын
5 pips TP with a stop loss of 5 pips is actually a risk of 15-25 pips when you include the spread. A 5 pip TP trade has to travel 20-25 pips distance to win but only travel 5 pips to hit the SL and lose 20-25 pips of value.
@goguyoutside2 жыл бұрын
wrong , a spread on majors is max 1-2 pip
@38kaylyn4 жыл бұрын
The dog in the background had some opinions
@joshuasam7774 жыл бұрын
Lol😂
@runit804 жыл бұрын
🤣😂🤣😂🤣😂🤣
@Shemsa083 жыл бұрын
Omg 🤣🤣🤣
@Tripl33333 жыл бұрын
Damn...... cant believe ive never seen your channel. really good content. me i'm trying to get 10pips (1 to 1 risk) since last week and its true....it does work.
@thebinarydestroyerindicator3 жыл бұрын
Yes small pips are awesome. 👌🏻
@jasiekhoang19052 жыл бұрын
Sometimes guys if price hit 2 to 3 pips and your win take profit is 5 you can put stop loss behind profit, this way theres no way you can lose any of it
@edenlauritsen52284 жыл бұрын
This just clarifies that trading with the right technique is highly profitable,i will always rely on the service offered by recommended expert in trading,Rather than trading and losing with video logic i invest and earn with a financial advisor to achieve the best
@ericwayne72214 жыл бұрын
Recently started trading offshore and i have been making no progress,I think i’ll be needing the guidance of an Expert to help handle my trades,Do i need to have trading experience to earn through your financial advisor?
@edenlauritsen52284 жыл бұрын
Not quite necessary I don’t handle my own trades,I invest with pro trader wilton and i get huge profit in return,she renders good trading counsel i recommend you contact her if you interested to grow financially through trading
@edenlauritsen52284 жыл бұрын
Ellenwilton2 @ g m a i l . c o m
@ratdaddee4 жыл бұрын
Learn to trade my friend and stop scamming people.
@raymond38554 жыл бұрын
@@edenlauritsen5228 nothing like spammers flooding forex tubes. Get a job Emily.
@jordanstubblefield7406 Жыл бұрын
This is mind blowing. I’ve never seen anything like this before. The possibility of getting 1:3 with such a small move 🤯🤯. How do you determine when you set a fixed take profit vs when you close off have at 1:1 RR and “manage the trade”?
@itsoktoberight44312 жыл бұрын
Been there, done that, waaay too much stress not knowing if the price is going to reverse, then eventually getting a margin call, I made $3000 in 2 weeks from $200 but then lost most of it.
@jamesnguyen21813 жыл бұрын
I can't think of a more innovative way to earn from the financial markets (forex/stocks/crypto) other than having a professional handle trades on ones behalf
@craigrandall63243 жыл бұрын
One thing is to start an Investment, another is to make sure you’re doing it with the right professional and on the right platform so you do not experience loss trading as an amateur.
@jessicahoyt90673 жыл бұрын
Naomi Connor is an absolute legend. I've worked with her in the past, she's always on time with payouts, and she's very skilled and attentive to details. I 100% recommend
@dorrishenshaw18863 жыл бұрын
@@jessicahoyt9067 I’m curious, does she also sell signals? How does it work?
@jessicahoyt90673 жыл бұрын
@@dorrishenshaw1886 She doesn't sell signals madam, she simply handles all trading operations on my behalf, and I get my payout at the end of each 7 day trading period. She's got a whole team of analysts too, her dedication and utter transparency are few of the things that have me coming back and re-investing from my monthly proceeds
@janetravolta92473 жыл бұрын
Naomi Connor is an Exceptional trader, she always puts her clients first. And she always comes through with payouts on time. Herself and her team are to thank for the financial freedom I and my family now enjoy. Growing up as a foster kid, I wasn’t sure I’d make it this far in life, I owe Naomi Connor my life
@djerving2 жыл бұрын
I am new here, so grain of salt, please. Lots of positive and winning comments and lots of critics. For the critics, my answer is to test the strategy. Isn't that what you were taught to do? I have had thousands of hours over lots of years learning from great teachers, and all of them taught me to learn the strategy, backtest the strategy, forward test it, demo it to prove it, journal it, and then live trade it on a small dedicated account. I think the concepts here are worth doing that, and that is something I will definitely do. It might also help (all of us) to go back over the video(s) and hear some of the things we missed because the first time our biases are our first reaction. If you don't trust it that is okay, but you owe it to yourself to test it. Just saying. I hope for everyone's success.
@davidmilligan47512 жыл бұрын
the 5 pip strategy does work on certain types of forex or crypto i actually traded this exact strategy on shiba inu crypto currency and despite only using $200 live trading after learning about trading for 3 days i was making around 5% on my account and only had 1 loss as i miss typed the price and i actually found 8 pips to be the sweet spot at the time as most trends on the 1 minute chart reversed at around 8 pips the most trades i done in a single day was 37 over about 16 hours was good fun learning how to use limit orders too and what can go horribly wrong
@WINDSORONFIRE4 жыл бұрын
Why not 5 pips? Hard to believe you talked all that time and never mentioned the cost to get in and out of the trade. If you are doing 50 pip trades its not a big deal but 5 pip trades!!! To be credible at all you need to talk about factoring in the spread into a 5 pip trade when calculating R (risk reward ratio) Come on... These newbies who follow you don't have a clue you are not being upfront entirely.
@arttorrez55484 жыл бұрын
Windsor, I was thinking exactly the same thing. I don't think he's ever heard of spillage. Each FX pair has variations in spreads and also payouts per PIP. The worst pairs payout very low amounts per PIP compared to other more volatile popular ones. So 5 PIPS in general will greatly differ in spread costs and payouts for different pairs. So essentially for many pairs you will need much more than 5 PIPS per trade to go past the minimum wage limit to make it worth your time. Not unless you're worth half a million and you scalp trade thousands of dollars for small PIPS.
@thebinarydestroyerindicator4 жыл бұрын
WINDSOR ON FIRE it depends on the trading account you have. I have an account with Go Markets and IC markets and if you stick to the major pairs your spread is between 0-2- 0.4. Less than half a pip.
@WINDSORONFIRE4 жыл бұрын
@@thebinarydestroyerindicator Wow that is amazing. There must be a catch. What is the comission. How much do you pay per microlot?
@elliottmoore48353 жыл бұрын
@@WINDSORONFIRE he gave you his answer. go away.
@DavidMiller-du9dy3 жыл бұрын
The stock market is indeed lucrative to invest in, with the right trading skill and strategy, anyone could easily triple a dollar.
@emiliobarretto97323 жыл бұрын
Trading, when done right can really set you up for some really good profits.
@nicktony22933 жыл бұрын
There’s too much risks involved with trading stocks.
@DavidMiller-du9dy3 жыл бұрын
@@nicktony2293 All trades and investment involves risk that must be defined and controlled.
@noelstout30563 жыл бұрын
Trading may seem simple at surface level because almost every human being has the same ability to open and close a trade.
@kelvinjohnson39063 жыл бұрын
Making profitable trades is extremely difficult, there’s always little profits and more losses.
@gunawanwibisono88483 жыл бұрын
is my calculation right that if the spread is 20 points, the pips you got must be at least 4 pips to even not loss?
@gilbertcandco3 жыл бұрын
Just starting to watch now . But no I would not take the 90 trades. If your first trade is the losing one it's game over.
@pdm-vz8uq Жыл бұрын
Ok…play a drinking game and take a shot every time he says “OK”. You’ll be passed out within 10 mins
@TheCommunist543 Жыл бұрын
Hhahaha
@webventures Жыл бұрын
First time viewer. Subscribed! All I need is 20 net winning pips per week, as I will compound lot size after each 20 net. Love the take 50% profit strategy. Just learned how to do that on MT4 and am ready to rock and roll!
@thebinarydestroyerindicator Жыл бұрын
Amazing! Keep up the progress.
@chekov88511 ай бұрын
it's easier to open 2 trades let 1 run and1 take profit early then you don't have to close part of position size in a live trade. For a 1 lot trade size just open 2 trades @.5 lot each.
@averythompkins36824 жыл бұрын
please turn from your sins and believe in THE LORD JESUS CHRIST and be baptised in THE NAME of THE FATHER of THE SON and THE HOLY SPIRIT if you haven't already
@srikanthdaniel21624 жыл бұрын
JESUS IS THE ONLY GOD AND SAVIOUR. PRAISE THE LORD
@bhp0003 жыл бұрын
Yep. With 5 pips and a decent sized account. The lot size for your risk will pay off well.
@TheTrustedTrojan2 жыл бұрын
omg yo this makes so much sense, so much traders wanna be greedy and go for more pips
@ForexMoneyandCarsFMC4 жыл бұрын
I've back tested. And for 3 days, I've made 400 pips, aiming for 20 pips. That's 6hrs of work.
@thebinarydestroyerindicator4 жыл бұрын
Byron Mckenzie nice!!!!
@ForexMoneyandCarsFMC4 жыл бұрын
@@thebinarydestroyerindicator who is your broker?
@cracklover31334 жыл бұрын
Six hours per day or six hours in total bro
@ForexMoneyandCarsFMC4 жыл бұрын
@@cracklover3133 one day
@lakshmisridhar92763 жыл бұрын
Yeah what's the broker
@fredwallinder35434 жыл бұрын
The problem with stoploss is that you lose regardless of strategy in the long run.
@eara84264 жыл бұрын
I agree with you. I don't put a stop loss when I know the direction of the market.
@Mooncou4 жыл бұрын
stop-loss is for people who don`t know how the market works
@user-rg1wq4qo3p4 жыл бұрын
@@Mooncou thats stupid. you can't win 100% so use stop losses to control risk
@Mooncou4 жыл бұрын
@@user-rg1wq4qo3p this is risky but you can i won 38 consecutive trades I check yesterday. You buy or sell market let price come to any profit and close once you happy
@musandlovu23114 жыл бұрын
@@Mooncou you are gambling, you are married to the markets instead of protecting your capital
@ghost-ict4 жыл бұрын
all we need is 100,000 account to get 10 pips a day lol ..
@Recaux4 жыл бұрын
Or Leveraged account 1:500
@knockhello26044 жыл бұрын
@@Recaux how much is a deposit
@jamesandrasi33043 жыл бұрын
Do you typically let your trade hit your take profit mark or do you close the trades before they hit your target or do u even put in a take profit when scalping?
@Mr36Chamberz4 жыл бұрын
I enjoy your teaching style. Liked and newly subscribed! Keep Em Coming!
@godali44052 жыл бұрын
Which pair do you trade get profit s ?!
@Sad.YTbruh3 жыл бұрын
With a 5 pip take profit ur risk reward will never be greater than 1:1.. one bad trade can clean out like 3 or 4 good trades
@thebinarydestroyerindicator3 жыл бұрын
No because your stop loss is the same. 5 Pip SL and 5 pip TP
@SmartPhone-tv4qi3 жыл бұрын
that's why you use trailing stop ... artist above 5 stop loss ,you get into trade with 1:1 risk/reward ratio which will get your account wiped off
@jamesandrasi33043 жыл бұрын
Where is your break even ? So if your stop loss is 8 pips you take 4 pips and let the rest run with the market so would u move your stop loss to 4 pips ?
@Riggy22014 жыл бұрын
It should also be pointed out that with no SL you might enter into a very large drawdown and for a very long time. 2 consequences being that you must have small trade sizes so that you avoid margin call and quickly blowing account, and you must be prepared to accept being 1000 pips down for 2 weeks or 2 months or 2 years or longer, unable to use your money, missing out on all the opportunities, waiting for the market to return to your level, all for the sake of 5 pips. Don't be fooled, no stop loss trading leads to long and large drawdown periods that far exceed 1% of the time, and there is no real guarantee that it will ever come back to your level. I've seen bots doing this, some are still running without blowing account after 2 years, but the 100% win rate hides the extreme and lengthy drawdowns part of the story.
@thebinarydestroyerindicator4 жыл бұрын
Riggy Riggs I always use a stop loss. My risk reward is always 1:1.
@jamielamont96762 жыл бұрын
You clearly didn’t listen to him on the video.
@genesishaisley70193 жыл бұрын
This is really good to be true I never expected my Ethereum withdrawal from luiz today..
@genesishaisley70193 жыл бұрын
Thanks Luiz .+1.8.0.3.5.6.6.0.6.9.7..
@kevo3334 жыл бұрын
The reality of what you spoke In the last 5 mins hurt my heart. You are absolutely right about stop less trade.management
@breannestahlman59532 жыл бұрын
what 5 pips be like in cryptos (let say BTC, or ETH)? Would it still be 5 pips?
@1ndraNugraha Жыл бұрын
How to determine the number of lots? when you make a profit or a loss
@rosscarlson79483 жыл бұрын
should i be executing trades using market orders or limit also? thanks
@jorgerios40913 жыл бұрын
Nice video I liked it, I'm setting an algorithm to trade 3 pips being this the median of variation I've found so far.
@brandonlee50297 ай бұрын
what percentage of your account is risked for the 5 pip trade?
@gillesashley93144 жыл бұрын
Hello Sir, I would like to know, which timeframe did he use for the 5pip strategy? Or which timeframe is best for 5pip strategy?
@MPlain4 жыл бұрын
Something like this where the idea is to get in and get out fast you are dealing with using the 1 or 5. Being aware of the long term trend is a good idea as you could choose to play a little safer and only trade in favor of the trend. More likely to ride it longer as well. Still. with something so tight. trading against it should not really be an issue.
@albert73819 ай бұрын
The problem is the comision or spread.. for short trades
@klarenxeblood96154 жыл бұрын
Cant i just use an crossover ea set at 5pips with an 300 pip SL ?
@MarcosRojasIII5 ай бұрын
Macd or stochastic is better for this purpose
@g0ddsidet1284 жыл бұрын
You didnt say anything i didnt already know lol but i think today I needed to see this ! Thank you
@KiNG-tx9je2 жыл бұрын
What about spread or commission?
@AusFastLife2 жыл бұрын
Nice description on the live chart from about 12:36. Do you ever trade live in your video. It is great to hear hours of theory, but I am dying to see people actually carryout the techniques they are describing. Otherwise I get the sense that videos are just cherry picking the perfect examples. It would be great to see experienced traders dealing with the unknown like the rest of us have to do every day.
@thebinarydestroyerindicator2 жыл бұрын
Yes you want to join on our $100 challenge. We are doing a KZbin live together with everyone, and building a small $100 up together. We do this every week.
@AusFastLife2 жыл бұрын
@@thebinarydestroyerindicator Yeah sure. Sounds good. Where do you do that?
@climbaron37984 жыл бұрын
Win or loose everybody Gets what they want out of the market, Mr Denis Mark's strategy always ensures winning and cuts down all looses
@bitjark65394 жыл бұрын
Wow i thought i was the only one who trades with Denis Mark, that man have done good to the mining community
@tommx45314 жыл бұрын
seems you just started investing with him recently, because i'm no longer surprised hearing people talk about him again, Denis Mark is dominating the trading zone have been with him for 7 months now and my profits keeps coming ,he's just a genius.
@ojoy70174 жыл бұрын
Understanding the market is very difficult when you have limited knowledge, after I saw the profit a friend made in Denis Mark trading services, I gave it a trial with $2500 and today I'm on whooping $15,000
@sambliz2764 жыл бұрын
Denis's services strategy trade EUR/USD is quite impressive and his currency pairs are 100% beneficial. With his help i made $6,500 on my last week trade session. Still short of words to say thank you sir!
@brookegreg12614 жыл бұрын
Initially I was not a fans of forex trade and bitcoin until I decided to give it a try,Mr Denis was the expert account manager I invested my money with,since I started trading with him I have been earning massively on a week basis no regrets so far my mindset has been completely changed toward bitcoin and forex trade investments, I must say a big thanks to Mr Denis
@victoryworldvahab30483 жыл бұрын
Which indicator you using because its showing green aro and red aro Nome of indicator please
@thebinarydestroyerindicator3 жыл бұрын
That’s the Binary Destroyer 8.0 www.fxlearning.com
@consciousmoviereviews9730 Жыл бұрын
What does the risk management look like?
@tude6455 Жыл бұрын
Not a bad idea, mix this with SMC concepts you might find you a strategy
@wolfgirlfx266321 күн бұрын
It’s just that’s very unlikely the price won’t move up and down 5 pips before going on a trend. Smth like that, right?
@Mike-ye8qv4 жыл бұрын
I had a 95% winning strategy it still works, tripled my account in 3 months over about 200 trades.... I will never use that strategy again...
@captaincannabis33214 жыл бұрын
I have an algo strategy i programmed thats probably similar. Simple rules, 1ATR target and no stop, it buys at random times outside of normal trading hours and averages down, the only time it sells for a loss is at 3:45pm as to not get hit with overnight margin. It makes about 20 trades/day and over the last 10 months its had only 1 losing trade, and an average of $19/trade and ~$400 day. Sounds great on paper but the problem is you need a massive account to pull it off as the max unrealized drawdown was around -$9000. I tried setting the algo live a week ago and all was going well the first night but i woke up to the my account being down -75% because my broker liquidated my position due to drawdown. Sucks, but what made it even worse is the fact that they liquidated it at the very bottom and the trade wouldve sold for a $80 profit 30 min later, and i wouldve woken up to my $400 account being $850
@Mike-ye8qv4 жыл бұрын
@@captaincannabis3321 mine was on crypto, I used the one hr and found what the worse drop was with a 4% bounce, it was like 12 % on the coin i was doing. I look for a 4% bounce because I could scale into positions with a bot, lol like 30 buy orders, anyhow it took a 4% bounce worse case scenario to make 2% on whatever position size i had. When it failed though, I had a plan for that but could not execute because the amount of drawdown i would sit through. I'll probably do that strategy again just with a small account and let it ride. I'm alot more financial stable now and could still trade forex with my normal account now.
@hesit75913 жыл бұрын
@@captaincannabis3321 how many pips of take profit and stop loss you were using?
@captaincannabis33213 жыл бұрын
@@hesit7591 This was with the nasdaq Futures, not forex, and there was no SL, TP was 1ATR.
@hesit75913 жыл бұрын
@@captaincannabis3321 not working anymore?
@chrisyateswebdev2 жыл бұрын
Would you trade larger lot sizes based on the small amount of pips being taken ?
Hey Jamie, What about your broker's spread eating at your trade getting in and out, at 5 pips?
@thebinarydestroyerindicator2 жыл бұрын
I always factor in my spread on top. So if my spread is 1 pip. My TP will be set at 6 pips, so I make sure I get my 5 pips.
@nihalgulvady2 жыл бұрын
Great video! Crystal clear. Thank you
@andrewchanda25923 жыл бұрын
What percentage of your account do you risk when making 5pips?
@jasiekhoang19052 жыл бұрын
100%
@djerving2 жыл бұрын
@@jasiekhoang1905 WTF?
@jasiekhoang19052 жыл бұрын
@@djerving Yes dude, thats possible, thats how i do it and im fine.
@jasiekhoang19052 жыл бұрын
@@djerving and this is the part of this strategy, you will make money only if you put more on small take profit.
@davidmilligan47512 жыл бұрын
im a new trader and after doing research and trading on the crypto markets although 5 pip strategy can work for some markets it doesnt work for all of them and alot of the time the only person making profit is the exchange with their fees. take ethereum/usdt on the kucoin exchange the fees add up to 0.2% so you need to make more than the fees to make a profit now the minimum pips required is 6 that means that the price needs to rise by $6 to take a profit and that profit is very small about 0.1% on your account which is fine if your taking trades every minute but you wont be so a better ammount is 8 to 10 pips profit per trade you can make 0.2% on your trade account and do it 30 to 50 times a day on a spot trading account its not easy and you can set stop lose and take profit but as your chasing only 8 pips you can set limit orders to buy and sell although it works its not as good as they are claiming here i used to manually trade like this was making about $2 to $5 on a $1k account but risking all of that money is not easy in every single trade but you can be in and out of a trade in literally minutes some i would barely have a trade open 2 minutes before it was completed both buying and selling. The tiny profits add up over time but the secret to minimise loses is to not get greedy dont expect to alway hit a 10 or 15 pips every few minutes i know i used to spend up to 30 minutes just looking for the next entry point.
@simeonlabuschagne66302 жыл бұрын
I trade like this I constantly make money and immediately take out my profit. but you still need to know what you doing! otherwise you'll blow your account at least once every month
@Nitrokid882 жыл бұрын
What broker do you use
@heathm23303 жыл бұрын
Don't understand the parameters. What time frame do you trade? When do you get in? Do you use Bollinger bands or what? What are the rules?
@wavemaker20773 жыл бұрын
Don't be too serious. No one trades and wins 99% of the time. If you see something like that, then what you see is photoshopped.
@rosscarlson79483 жыл бұрын
im trying the 5 pip strategy and im starting out down 8 pips, i use cedar broker *usa* is there a better spread i can find?
@aussiecopy Жыл бұрын
I have been to the website, I an uncclear as to which course is best for me.
@anandasaad90914 жыл бұрын
Looks impressive, mate. Although can not see if it is a demo or a live account...
@lukahnapeirogon81973 жыл бұрын
Should not matter
@DjDanHolloway Жыл бұрын
I'm assuming you're in the UK? What broker do you recommend please?
@Warbaman Жыл бұрын
I spent about 3 weeks looking into brokers in the uk. Landed on pepperstone since they tie in to tradingview (i use their own ctrader app on my pc as well as tradingview doesnt allow trailing stoploss) and they have a razor account with no spread nor a minimum deposit and demo account easy as fook to setup. Also their customer service is great, not seen a downside yet
@ju5th0w4 жыл бұрын
Anyone is counting the amount of times he says “ok”
@AJRcoin4 жыл бұрын
Its not 1:3 rr if you close half position it changes from the orginal risk
@thebinarydestroyerindicator4 жыл бұрын
Alex Robins true but I personally take 2 trades. I set 1 trade at a 1:1 and the other I use a trailing stop loss. So then it becomes a risk free trade and I could Potentially make 1:2 - 1:3
@alenrayen1028 Жыл бұрын
Wonderful Man! Thanks for your time!
@Mark-fy6ez4 жыл бұрын
What is his lot size? I think I saw $50 or $500 lot size! I might be wrong but I sure I am not.
@samuelroberts7194 жыл бұрын
I saw lot sizes of 1.00 5 pips $50 10.00 5 pips $500 20.00 5 pips $1000 50.00. 5 pips $2500
@Andrew-bb6it4 жыл бұрын
Greetings mate I’m from Texas,. I just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Andrew he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him on Andrewwilliamq1@gmail.com) he is very honest and trustworthy he will guide you to make consistent profit
@pkp20234 жыл бұрын
thats correct 5 pips is easier to predict
@thebinarydestroyerindicator4 жыл бұрын
Yep very true! A lot easier than say 100 pip moves
@biblestudywithbeth99393 жыл бұрын
Awesome, awesome video, I knew it was something to this type of trading, it's like quality over quantity lol, thank you😘
@elizabethlaura68112 жыл бұрын
MRS HANNAH IS LEGIT AND HER TRADING METHOD WORKS LIKE MAGIC I KEEP EARNING EVERY SINGLE WEEK WITH HER NEW STRATEGY
@festusshedrack48522 жыл бұрын
Wow I am just shocked someone mentioned expert Mrs Hannah I thought I'm the only one trading with her,She helped me recover all I lost trying to trade myself
@lindatomas69882 жыл бұрын
I think that she is the best broker I ever seen...her method is nice thanks for introducing me to Mrs Hannah
@emmanuelrichard26772 жыл бұрын
My first investment with Mrs Hannah gave me profit of over $20,000 US dollars
@christabel_mm71912 жыл бұрын
Mrs Hannah is obviously the best, I invested $2,500 and she made profit of $14,000 for me just in11days
@christabel_mm71912 жыл бұрын
She's awesome ♥️
@waqaarhussain27913 жыл бұрын
What’s the moving average’s (the 2 reds and two greens) values on the first chart
@thebinarydestroyerindicator3 жыл бұрын
Waqaar Hussain thats the Binary Destroyer 7.0 indicator. They are not moving averages.
@highlanderthegreat4 жыл бұрын
if and this is a big if... if trading platforms would have it so you could program in 3 or 4 trades at once with your stop loss also being able to be programed as well it would be easier to make money.... ie.. your 5 pipps say with say a 2 pip stop loss.... you place your trade where it needs to be . the market moves to your entery and hits it... boom your in... and all your other trades are set with the different take profits.... you stop loss is set for all the other take profits... the market hits your profit of 5 pips BUT now your stop loss is not 20 pips your stop loss is now moved up to where you first entered the market because that is how you programed it... now your next profit target is 15 pips .. you now have a free trade because you cannot lose money at all because your stop loss is where you enter the market if the market does come back and stop you out you still made 2 ,3 pips to cover your spread.... go look at ninja trader platform and see how it works... all trading platforms should be like that
@MrIvosgarcia3 жыл бұрын
Very easy to show what can you do look at the past chart. try to apply that on live trading and show to the audience, in live account. for sure it won't be so easy as you sound!
@danielsebag17593 жыл бұрын
Look at the lot size it is enormous of course few pips is enough to make a lot of money
@davidmilligan47512 жыл бұрын
yeah thats the biggest problem with the 5 pip or whatever the minimum pip for profit might be for whatever your trading i personally have used this strategy for crypto and it works well but it wont grow a small account into a large one without leverage and thats risky
@bricelavry90324 жыл бұрын
thanks you very much, you are the best. your advice, changes my trading vision , i live in Côte d'Ivoire , west africa
@edgarallan65664 жыл бұрын
my best recommendations is to get in contact with the only honest man that helped me with a good strategy and I just made my withdrawal and I'm so happy and grateful which I will highly recommend all to contact with him politely on edgarallen959@gmail.com, he will guide you
@ryanbyerly69484 жыл бұрын
you can also reach out to my account manager on mail. shes the best. you can learn and earn from her strategies and she is alwaysb here to manage your accounts and watch your trades even when you are busy. she is the best. send her a mail at samanthawebbkaylacremin@gmail.com
@bricelavry90324 жыл бұрын
@@ryanbyerly6948 can you send me your email adress ?
@bricelavry90324 жыл бұрын
@@edgarallan6566 can you send me your email adress ?
@ryanbyerly69484 жыл бұрын
@@bricelavry9032 samanthawebbkaylacremin@gmail.com you can send a mail to my account manager there.
@petersymons20074 жыл бұрын
Great explanation of money management - thank you
@robertrose3068 Жыл бұрын
I can get 5 easy, multiple times per day. But my account doesn't have enough funds to make a difference.