I don’t even have the courage to do this on a DEMO account lol
@mohanaofragaming15102 жыл бұрын
Right lmfaoooo
@rileygshep76062 жыл бұрын
And you shouldn’t have it haha, trading the day of and right before it releases, you are asking to blow your account when the news drop
@MPlain2 жыл бұрын
i go all in all the time. it's a Vegas mindset but i have to see the right things and be really confident about it. as in i think my odds of being wrong are dim at best. to do that for a news event that has not happened yet. This is not gambling. It's shear stupidity. You could be 100% and still get wiped out by an unexpected early swing the wrong way. I have lost $ that way. I do not trade news until about an hour after it hits and the market has time to react. oh ya. that first impulse can go right ahead and happen. because i don't want anything to do with it for at least the first 15 minutes when it is literally anything goes. I have seen whip saws that wipe out bulls and bears that got in early. the only people left in are the big players. Ya just don't trade news until the market calms down a little. you will still get a nice win out of it. and it will be 100X safer.
@exytheboy54162 жыл бұрын
I trade nfp just for the fun and I've only blown one account so far using nfp 😂😂
@MPlain2 жыл бұрын
@@exytheboy5416 i blew one account or almost did in the beginning. most profitable traders have. i've learned every lesson the hard way. losing money. news i won't trade. not immediately. i don't need the coin flip risk of maybe making or losing 100 pips. why would i want to take the risk when i can wait 30 minutes or so and pick up 30 to 40 pips safely off the first retracement? just putting it in perspective. the first move is not worth the risk involved. not with news items. too much manipulation going on.
@fxgemini17352 жыл бұрын
The reason for his equity 20 and his balance 16 is because he was given a 4800 $ bonus on that deposit which actually allowed him to open higher lot positions. I lost one of my past initial deposits in 2 days because of this. As i believe I'll be able to trade the bonus later while understanding that it only allows to open a higher lot, yet it deducts from the balance i.e. fast way to blow account
@VuyoNasGold2 жыл бұрын
Precisely
@savage-1892 жыл бұрын
Exactly
@thescruffytrader2 жыл бұрын
I trade a 6 figure account and would not even be close to 30 lots at best 3 and should never second the news , better to trade the aftermath. Total madness and pure gambling never going to end well
@T2saucy2 жыл бұрын
This the video that made me want to be a trader. I was like ain’t no way. I was 17 when I first watched this
@thedentisttrader2 жыл бұрын
Yeah he made all that money in 15 minutes, but down the road, he lost it all. His channel has been silent after that video(4 years now), if he was making more, he'd be bragging about it on KZbin. Kids, don't trade like this or you'll be in line for soup faster than you know it.
@savage-1892 жыл бұрын
was about to say this.
@tanahairku9005 Жыл бұрын
Gambler always lose in the end..unless he stop after profit
@Mr.Plutonium2 жыл бұрын
Imagine TraderNick calling this gambler a TRADER.
@SportinTrades_2 жыл бұрын
This was the video that got me started ..
@cristefaned9 ай бұрын
You can see he had 4800 Credit, so that's why he had 25k, 21k in money and 4800 Credit
@SphyxGreifing2 жыл бұрын
Pretty sure that was a bonus deposit as seen in the credit. That's why the equity is much more than the balance.
@blackghost69732 жыл бұрын
No it's not. It's a glitch in the MT4 app and you need to close it and re-open it again in order to display the correct number, and I'm absolutely positive, 100% sure!
@blackghost69732 жыл бұрын
That happens always after you close all your open positions but don't restart the app
@VuyoNasGold2 жыл бұрын
Some brokers give 100 percent on all deposits so it increases the equity.
@hawktuah20232 жыл бұрын
its a 100% bonus deposit which becomes credit
@georgecruise69076 ай бұрын
You should do this in one of your videos as a challenge
@chidubemjohnkelvin3352 жыл бұрын
The equity and the balance not matching is an mt4 error
@adant4815 Жыл бұрын
The funny thing is that this is done with an unregulated broker that was widening spreads and closing trades out. This is legitimately fake.
@ElvinKennedyLatayan2 жыл бұрын
Equity = Balance + credit (credit is from broker, usually deposit bonus) Withdrawable cash here is only 16k , credit cannot be withrawn
@japchaptv2878 Жыл бұрын
that is why you are trading for so long because you do not take risk,.
@TraderNick Жыл бұрын
I hope to trade for decades to come. This is a marathon, not a sprint :)
@marquinbrewer87024 ай бұрын
He has a Vegas mentality! The house 🏠 always 🏆 win. He'll give it all back.
@akuforex2 жыл бұрын
Awesome!
@MPlain2 жыл бұрын
IF you get it right trading news is THE WORST IDEA EVER
@InvadindoaCena Жыл бұрын
Hello brother, do you still teach forex?
@TraderNick Жыл бұрын
Hey Invadindo! I do. How are things going for you?
@rodneygee2 жыл бұрын
Hey nick. Just giving a heads up that mt4 is completely gone off the App Store nor will return unfortunately. For those who didn’t delete it will be fine however. Tradingview might disappear too soon unless we use a vpn in Russia as most these applications are Russian based
@SKULL_REA Жыл бұрын
It's back
@rodneygee Жыл бұрын
@@SKULL_REA The application was always accessible because of the source codes. With decent programming skill, it can easily be obtained and preserved again. You can either transfer the data over using iCloud or backup storage. I preferred downloading it online instead of the App Store and I'm not talking about these phishing websites. I mean actually brute forcing the platform onto your device by transferring the information with unauthorized apps given approval for illegal installation. We've been doing it for awhile now
@peaglock34885 ай бұрын
This aged well
@donphonso2 жыл бұрын
Is no one talking about the ban on mt4 and 5 on iOS
@leflyxdvd7 ай бұрын
i took that 2k already why would i hold? what is this dudes priority to not take 2k? its weird to see traders always go for the highest profit while if i make 250$ in a day is good enough to me...
@luismontiel6519Ай бұрын
is called ego
@kio514234 күн бұрын
Greed
@kunlikfx4932 жыл бұрын
These serious are so much fun! 😂
@BoltFX_0012 жыл бұрын
The reason why the equity is more than the balance Is from his broker
@alphafinance.1Ай бұрын
he had credit on his account 4.8k
@Rishabh1802 жыл бұрын
This is pure gambling Don't do this if you are comfortable to lose all the fund you have in your account.... Bcoz this is 50-50% situation...
@tbr0152 жыл бұрын
Lmao this isnt trading mate. This is gambling
@issalj26612 жыл бұрын
Can you cover GBPUSD for what happened today
@robthetrader9167 Жыл бұрын
3 to 4 months to make. 11k takes 2 years for me to make here in uk. Not 3 to 4 months 😂
@tristanbritton82922 жыл бұрын
Finally changed your shirt 🤣
@milesdash-clips83722 жыл бұрын
This is a classic video everyone watched when they first started trading 🤣
@bullforcetrading9995 Жыл бұрын
So basically he was wreckles, had no risk management yet it fortunately worked out.
@AkosiJeThro2 жыл бұрын
Next Video Reaction Ahmad Danial Trading
@XTRADERXNYC Жыл бұрын
Keep in mind traders like this keep the market liquid on the side of the bet
@ThePowerOfTheD Жыл бұрын
I don't get why people hold thier position with that kind of lot size ounce they're already up 5k... I would have been all over that close button lol CRAZY! Watching it break the neckline and STILL it didn't continue down...
@reXXTrader2 жыл бұрын
Tbh, he got gut lucky 🍀
@VickRoseBabor Жыл бұрын
goshh, gambling to the highest level!
@alexyoung5492 жыл бұрын
Damn this dude is risky
@carlito429.18 күн бұрын
If he lost he would have kept it to himself
@juliemachette2927 Жыл бұрын
I love what you do bro ...this shit trader are tempting people with there shit ...mostly here in south Africa most painful is some of beginner trader don't understand....there only look at the money
@Maacnetic2 жыл бұрын
Man what if he was still holding buys til this day lol
@hamiltonmakhasi57852 жыл бұрын
Hi Nick I love your videos they are very much helpful and much appreciated. I did try this on my demo account and guess what I blow the account, so I wont ever do this and I cannot try it I'm in my real account I won't for real, think to do lotto thing, I'mean gambling, yoh this is gambling! You are absolutely correct
@Ynx_el_pipero2 жыл бұрын
Bro said people make 21k in 4 months . Lol, from where I'm from, people make that in 40years 😭😂💔
@Hashim4x23 күн бұрын
I feel very tired when watching these videos
@marquinbrewer87024 ай бұрын
You shouldn't trade NFP, FOMC, or CPI or either go to the butchers shop! Baaah! 🐑
@keepquiet9075 Жыл бұрын
No Money management then traders become scammers
@simeonlabuschagne66302 жыл бұрын
well this for youtube content so they trade 2 different acount's at the same time for this to work one they sell one they buy easy to fool people
@mikehikes3902 Жыл бұрын
Young gamblers grow to become old beggars
@myo96132 жыл бұрын
does iconfx accept us client?
@75PERCENTCOPPER2 жыл бұрын
These are even more funny because I've been profitable lately
@reXXTrader2 жыл бұрын
🔥🔥🔥🔥🔥🔥🔥🔥🔥
@WagnerDerrickG Жыл бұрын
gambling
@kayotnior8144 ай бұрын
How is he now? He's probably broke already 🤣
@lambfp69802 жыл бұрын
Can you commet this one next Video „Genius trading masterclass - Ralphael Palmdale“ ist crazy gay🤦🏻♂️
@Cryptocannnon2 жыл бұрын
THESE DUDE CAN RUN THERE OWN SERVERS AND MAKE LEGIT LOOKING ACCOUNTS AND LEGIT LOOKING BROKERS TO FAKE TRADES ON ALLL FROM MT4 PC WITH SOME SCRIPTS BE CAREFUL WAT U FALL FOR
@Trinio332 ай бұрын
that's shit, that's nit trading
@Quantum-1157 Жыл бұрын
Such gamblers have one home run and 9 account blow ups! They only upload the 1 out of 10 intaces it works for them
@sphanationsphanation24262 жыл бұрын
He's using mt4 its a demo😂
@yagaldemligmaballs77832 жыл бұрын
He has more equity than balance because the broker he was using offered him up to 20% credit of his initial deposit to trade with