Why I don’t trade the forex markets! 🚫

[@SaadPatel-kd1qo]

As long as Money is made, that's what matters

[@wealthmaster69]

Blah blah

[@JMX1521]

See profit take profit

[@malusimathaba4040]

❤❤❤It's all about the BAAAAGGG

[@SH0RTSNCLIPS]

You wont make the bag if you dont know what he is saying . Forex trades sell and buy at diffrent prices on diffrent platforms . This really matters because your entering trades at a price you see on the chart your broker will fill it at a diffrent price sometimes you get stopped out because your broker filled orders above or bellow your stop . Its more manipulation basiclly

[@Sethlow-tx5oh]

Helloooooo👌🏿

[@traderzoloo]

Trading is Trading. Does not matter what we trade. It depends on what you are mastered on.

[@jaycalvin3783]

True, yet there is stocks and futures which is way easier to master compared to Forex.

[@donb2527]

I dabble in fx but what I like more about stocks/indices is that the fundamental analysis isn’t as hard to get a hold of. You can literally google «*TICKER* analyst rating» or price goal and you have access to professionals price targets and ratings to back up your technical analysis, imo it makes trading a lot more predictive and makes it easier to make good profits with little effort. When it comes to fx you need to analyze macroeconomics of two countries in relation to eachother and make a prediction on both to predict trend over time, and reading COI statement until your eyes bleed to find a legit broker, which is just a headache.

[@nijario9690]

Stock trading is much easier

[@nooneknown-rk2qg]

You don't know about volatility ETPs do you?

[@stanleyj.a.c4941]

True

[@jjdiaz486]

Forex is not for everyone, you already said it, the concept is the same.

[@wealthmaster69]

Its defferent, the guy is right

[@silkroad1201]

Forex is so much easier to predict though. Financial news (which is released all the time) typically has a big impact on certain pairs, and the movement of those pairs has a big impact on other pairs. It's a very predictable market when you don't overthink it. Some of the richest people in the world have made billions in the forex market. It's not just for 23 year old KZbinrs

[@DarksideUnveiled]

Hii

[@The_Protagonist_]

Ig u need to play with rules to make money in forex its all about how much big u are. I know whales make large money in every market but in forex the number is high

[@ayamurayama3961]

He made millions without it. So neither opinions is better. Both ways can make money.

[@redacted.handle]

Isn’t this the exact same as crypto and stocks?

[@laughattack1204]

Everyone is invested in currency, you don't need to see the exact numbers to avoid manipulation. But that does make it harder on unskilled traders or people trying to go quicker than they could go with futures and stocks. The unpredictable manipulation really isn't that bad, and must be prepared for in normal markets as well since it occurs in every market from day 1. For most people, if you just want to make an average trader's salary - it does not matter what market you trade, pull $500 a day out of meme coins if you want. A good trader should always be comparing his/her own predicted numbers to the real numbers that show up, and make decisions from there.

[@campione8campione818]

You give us always clear information. Thank you bro ❤

[@Daddynotsugar]

Yes

[@IrsergioI]

Very true..forex is full of crooked brokers. (Broker manipulation) however, I used forex and its ridiculous leverage to grow my account and switch to futures.

[@Calinkswag]

I have the same plan bro.

[@SpnakoAss]

What exchange you use to trade futures?

[@IrsergioI]

@SpnakoAss I use TD Ameritrade.

[@yafriz]

You mean the leverage is too much or too low? And what’s your leverage ratio

[@IrsergioI]

@yafriz not in the sense of too much or too low. More like unrealistic leverage from unregulated brokers like 1:1000 leverage. Having moved into futures. Deal more with your margins and required capital to be able to maintain your positions.

[@wackytackyhacky]

I think the difference here is whether you're trading the CFD of stocks or buying/selling and owning the stocks (this is where there is buyer and seller involved). Therefore, it would be the same "type of trading" with Forex if you are trading CFD of stocks because we technically don't "own" the stocks/forex. We are just trading the movements.

[@readmycomment101]

But CFD's are actually happening decentralized , even though futures and options are done in index's those are happenings on the centralized exchanges where the actual volume is visible to everyone at the same time... but in forex the volumes are shown only from a specific broker not the entire of the world, for instance the EURUSD volume will be shown only from a specific broker...

[@paulnyagini]

​@@readmycomment101😂😂😂😂 stop making me laugh even if you got the volume data there is no way you will be consistent profitable. If you are smart enough then you will know that most of future deravatives moves in a slippage formation in the correlation of expected volatility of an asset class in other words is like saying the future volume is useless and future market markers are price takers of stock in stead of price maker and they will quote them base on how they expect the volatility to be in future this why it explains why future contracts price are different based on expiry time plus if traders overwhelm the market the future market markers will have to hedge there position with real stock assuming they don't Have partnership with the stock exchange.

[@hkaniugu]

dont trade if you dont own it, cuz stop loss is a scam

[@Jessejayson]

Crypto traders left the chat

[@suredude5291]

Tbh Forex is A LOT EASIER to understand and trade than stocks

[@sastashroud7646]

Why so explain please

[@DEFACTO9]

Rubbish, Fx prices are dependant upon the toughest intersection of commerce and Geopolitics and weather and energy. If you dont understand interest rate instruments your not making money trading forex, youre jus trading basics and noise. hint: 99% of FX traders are doing exactly that. Most newbie traders dont invest in their learning properly.

[@moonmissiontradingfx]

My trade history enters the chat. Dont be scared of Forex people. Learn the pitfalls, execute trades with discipline and get the bag.

[@wealthmaster69]

Blah blah

[@user-zv8qs3eb4y]

I agree

[@sidneymwangi9696]

there is nothing like manipulation by a broker... if you dnt know how to trade you dnt....

[@user-zv8qs3eb4y]

True

[@Amelia94411]

*Excellent !!! I really do have a question. For someone with less than $10,000 or Above to trade in stock market how would you recommend we enter into trading ? I am looking at studying some traders and copying their strategy rather than trading myself and losing money emotionally. I would greatly appreciate any suggestions*

[@Amelia94411]

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

[@BevarlySofia]

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

[@ChangChao454]

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

[@fernandopillejera5179]

Haha, new comment for 2024 scam. Nice try 😆🤣

[@cashflow6044]

Trading is trading but money circulation is different.. one market can have more volume and volatility then others

[@SerenGordon]

I started watching your videos" earlier last year as a beginner before giving stocks a trial, and I've been able to scale from 120K$ to $580K, I did get an advisor for supervision and accountability just as you directted thanks

[@Richards631]

All you need as a beginner to make good interest is a professional miner who will guide you.

[@SarahColemann]

And this is the time to put money in the market cause of the high rate

[@felixpoole2050]

I propose Lexi griffiths This lady is from United K. and her strategie works like magic

[@Clarissa210]

There are many types of buy and sell real estate stocks gold silver, cryto Stablecoins Airbnb, ETFs

[@Clarissa210]

I heard about this same Lexi griffith somewhere as there are testimonies about her, I'm definitely buying with two thoughts

[@nunu4692]

To trade forex you gota be REALY good at trading.

[@glendellthompson8363]

How’s that different from options?

[@ITSUNCLEJESSE]

Not everyone will get what he said until they start following the real money. It’s very much easier for forex to be manipulated by big institutions and bots. In stocks you can see the order flow time ans d volume and if you enter at the right time you can be unstoppable

[@5fmuke535]

It's the most liquid, sophisticated market. Degens can't like that

[@BreedOfficialChannel]

Full interview

[@tufailahmedbugti2006]

Sir you are the best ❤

[@davidarcila7467]

I'm one year trading forex now, and I started thinking it was the easiest market💀

[@shogungaming5601]

Bro... 💀

[@bumdum8798]

How was your experience

[@Ali_Capitals]

This is the most difficult and toxic market in the wrld

[@lexsonwarner7273]

10 years into trading forex and my journey has been beautiful

[@davidarcila7467]

@@Ali_Capitals Why do you say that?

[@SFSCALPER]

Forex volume is over 7k billion $ per day. Not eversione can understand this figure, not everyone can trade Forex.

[@Bt-cc8te]

Trillion

[@darkprinz1363]

@@Bt-cc8te 7k billion =7 trillion bro

[@Motivational-lf8zq]

The point is if it's not centralised, brokers could just "display" a price that scams you! I get all that ego where it comes from "if your a trader you'll trade in any market" sorta ego... And to give you a perspective, let me challenge you into this - I'll set up a market, if you are a man, if you got two balls, deposit your real money with me and start your trading 🤡💀😄😂

[@SFSCALPER]

@@Motivational-lf8zq I got Your point it is very clear and straight forward Thanks! I also agree that Traders should trade in any market or any asset is wrong, there's a lot of specialization in every asset. The true fact that FOREX is not centralized maybe turned as an advantage by experienced traders as: spread trading + triangular arbitrage + carry on trading, only possible on FOREX. Thanks for replying, I really appreciated.

[@xadarr2309]

@@Bt-cc8te read again :) there's a "k"

[@colinmaddox8567]

This is huge for me.. at a pivotal point where I’m deciding what market to start diving into Thanks Umar 💯

[@coltonbradley9293]

Beginner should probably trade futures. You dont need 25k to have unlimited trades. Only downside is that there are commisions. Do your own research tho everyone is different.

[@colinmaddox8567]

@@coltonbradley9293 thanks Colton, appreciate the advice brother.

[@mjgee5540]

@@coltonbradley9293💯💯

[@timclark428]

Paper trade first (use past or future graphs). Cover graph with paper and see if you can predict

[@mjgee5540]

@@timclark428 Nice 👍🏾

[@triloksinghbhati333]

Do you provide training

[@lindachiafor]

The problem is the brokers

[@LadyDiva2545]

This dude is replying on being transparent. As in knowing exactly what's going on in real time.... 🎤 Drop

[@AntiMason]

That’s why I cringe so damn hard when people say they are looking at order flow or volume in forex… lol it’s completely controlled. Volume does not matter at all in forex. If you want to trade on volume concepts your best trades would be in commodities where those are true, real, tangible items you are trading.

[@maderastuff]

Futures and options guy here. Chose to do futures over fx for a number of reasons. But wow that's wild. So if vol/order flow is an important part of your trading strategy - fx just isn't the game table for you. Thanks for sharing!

[@AntiMason]

@@maderastuff Exactly :) I just wanted to throw that info out there and help someone. But yeah FX is 100% controlled. It’s a central bank dealing house not meant for me and you. And if me and you wanna play then we have to play as the customer in their storefront trying to predict the price of their commodity for today. Instantly when I see someone mention Volume as part of a strategy on FX trading I turn away because if they only knew the bedrock… they’d never touch it

[@pkhaloobonaccio9883]

u can't see volume in forex it's impossible because most transaction are made as derivatives over the counter between 2 parties . Most of fx transactions are hedging against currency . Most traders trades are bundled by their brokers and sent to the market maker aka the bank .The volume of FX is upwards of trillions per day

[@Kris_413]

Seems you never heard of tick data. That’s what the volume spread indicator is for. It may not be 100% acc but 90% is good enough for me

[@emcaofficiel]

forex trading it's all about chosing the right broker

[@mhafiz8654]

which broker did you mean is the right one?

[@binodyumnam2562]

@@mhafiz8654every brokers except those who are sponsored by influencers. Gotta stay away from them bro

[@carlvoznesensky1042]

@@mhafiz8654 there are many but pacific union and think markets is great

[@erickvargas6447]

How do ik which broke is the right one

[@abdulmateen3326]

​@@mhafiz8654 i think fusion markets is best at the moment. do your research too. not take action based on my comment

[@Kloutkulture]

Forex such a hassle compared to other assets like options and futures

[@paulnyagini]

You should have just said the CFDs is hassle than future and options deravatives.

[@Kloutkulture]

@@paulnyagini nope everything about fx is trash

[@paulnyagini]

@@Kloutkultureis only a trash if you don't make eny money.

[@Kloutkulture]

@@paulnyagini never wasted time with it. Always looked trash. Futures move the market anyways fx is synthetic so why would I bother?

[@Kloutkulture]

@@paulnyagini I never traded it man.

[@sirsergioandree]

Bro has no idea of the manipulation of wall street

[@ahmetm5480]

This man is making millions a year trading, surely he knows more than you...

[@darktrader.x01]

@@ahmetm5480are u sure?

[@wifimoneywithjoanna.]

Wow. I didn't know that. ❤

[@EdgeTradingFX-]

You don't know the exact order flow in stocks as well especially when big institutions use dark pool to buy or short millions of shares. FX is better if you are a technical trader, if you like trading based on fundamentals then stocks is better fitted for you

[@subzero4116]

Where can u see the live volume of trade

[@SalimMartin-vm2yy]

How can I get know how to trade in these markets

[@denniskingmoney]

I like that idea 💡

[@vutomi9874]

With how much money he started trading?

[@eatnexplore15]

And that centralized exchange manipulate everything

[@mrburot]

What platform did he used in trading stock market?

[@ShaeSPT]

Which is a reliable forex broker for beginners with like low cost/deposit ?

[@varshaexports2946]

If you get different price from different brokers, just arbitrage the trade , why not ?

[@Mrbusy498]

lol

[@novadrinker7779]

Can I build a $100 dollar trading account with crypto?

[@joshuaf5515]

You can literally grow an account easier and faster trading options and futures than trading forex.

[@MarquosXoloVanda]

Which brokers are great trading futures?

[@hassaanqadri9695]

which specific market do you trade in i was thinking of forex ??? whcih is best for a complete newbie like me???

[@chetansaini2989]

Go with equity

[@yannyboi706]

I highly suggest EUR/USD. The flow not as agrassive as the other pairs

[@Allinone47888]

​@@yannyboi706do u know how to capture big moves in 4 hrs like 1000 pips or more in eurusd

[@laada110]

Why u guys never explaine people importants of Capital and how Long u guys staying and how much securing?

[@floop2935]

Whatever secures the bag is what I’m trading lmao

[@omolemomolefe2985]

OG 🤝

[@fkimprovements6420]

Forex made u rich

[@jamesnap601]

Evidently you haven’t been following him for a long time you are wrong

[@ProSigmaLoneWolf]

@@jamesnap601 ?

[@bimby5019]

@umar, which instruments do you trade?

[@CalvinHeath]

That sounds like centralized to me lol

[@samc1nonli]

Options 4L❤❤❤

[@4xturbo45]

forex is the best way to trade due to having access to prop firms such as equity edge analytics, lots of capital for low prices

[@kashifali-ug1yk]

This is kid... 😂.. order flow changes in milli seconds.. many orders are placed to manipulate market.. when ppl see the order and volume the take one direction and then the Godfathers changes the order flow

[@_venu_venu]

hi sir I from india 🇮🇳 sir I'm 15 years old i want froxe trader but how to trader I don't have any laptop 😭💻🙏🏻 please help me sir

[@wealthmaster69]

Kiddo grow up and earn money first yourself.

[@user-ni4um2cd6b]

Everyone has a different opinion that's his ✨

[@richardlewis3344]

I think the forks market is the best market to trade because it's the hardest it's not regulated and it's extremely hard to make money so if you can make it in the forex market you can easily switch over to futures and kill it if you can make $1,000 a month in forex you can probably make $10,000 trading futures because it's regulated and yes I do admit learning to trade for us took me a long time and I blew a few accounts but I'm telling you you can start with $300 with a small lot size where your losses are like 5 to $15 and trust me you will have to lose a lot of times to Blue that $300 and that's what you need you need to blow that $300 account to three four times to understand the market and how it moves after the second or third time you should be able to when you're losing 5 to $15 look how much loss is it you're going to have to take that's what makes you you have to blow that $300 account like 4 times

[@itechfive240]

And you see it's the decentral nature that these traders don't like because they can't pay to see the retail trade and front run it with stop loss hunters.

[@Salman_D._Rayan]

Forex is a centralized market... Gold, Crypto, and NFTs are decentralized.. Stocks are centralized but by the company and its investors/partners Centralized exchange or not doesn't matter much. But as he says, we can't see the transactions going on forex and even gold I think. This is a bad point. But the more the market is centralized by the governement the more it's "Safe"..

[@liam-n8098]

Order flow is only good for short term trading. Has no value in swing and position trading.

[@Cbmountain42]

What about dark pools lol

[@yuriroth8179]

so now everybody that has a podcast mic in front of them knows everything .....

[@vutomi9874]

?

[@jaycalvin3783]

What a weird comment. He became multi millionaire from trading and is very transparent in what he does. No clue why a comment like this makes any sense..

[@pannierfxquanttrader5017]

Umar, Forex is not for the faint hearted. 😂 And this perspective is also as if Stocks exchanges don't manipulate the volumes.

[@carlosdart3118]

And that's how most forex KZbinrs are scammers

[@scottytrades3424]

Umar is mistaken. You can't see every transaction in stock market either. Order flow is not really accurate due to dark pools hides alot of the transactional volume. That's some of the most important that needs to be seen too!

[@fpsrush5478]

Those still show up on the footprint chart

[@SalimMartin-vm2yy]

I have 0 knowledge in these trading please teach me to gain just a little knowledge

[@WaggyTales]

I agree 100%! Forex is crap

[@ARYANTIWARI..]

cry more haha central banks trade it

[@WaggyTales]

@@ARYANTIWARI.. haha 😂 central banks trade it but not like a day trader! Futures market is way better

[@themanic6575]

​@WaggyTales Yup. Central banks trade on the actual forex market. Individual Forex day traders are trading on a Broker's simulated market. Putting a lot of trust into someone who has a fundamental interest to oppose you

[@transcend_higher]

To each their own

[@itstheeraka]

@@themanic6575 When you win you predict the market very well 😎 When you lose it's the brokers fault 🤣🤣🤣

[@aaronhall4361]

In summary it’s because he trades order flow. This isn’t possible with FOREX

[@Kris_413]

Nothing a volume spread analysis can’t vix. Might not be real volume but the tick data is 90% accurate which is good enough

[@BlackHeart_x3]

Maybe its because forex is bigger by x1000's than other markets. Might be hard to centralize that globally idk.

[@ArsenalFCAdventures]

Sir What about cryptocurrency is it centralized?

[@shubham82]

Wtf are u saying, do u even know the defination of crypto.... crypto's whole purpose is to be decentralised... Means no govt or Central Bank have any control on it...

[@chetansaini2989]

No bro because of blockchain

[@ArsenalFCAdventures]

Thanks so much. But did you have any video or book for footprint chart, I want to learn it

[@RobDaNet]

@@ArsenalFCAdventuresNo bro because of blockchain

[@sidneymwangi9696]

stocks is shit... requires alot of money plus the health of a company determines your financial growth which can be manipulated

[@mr.kurtezfx9932]

Tbh every successful Forex trader doesn’t give a dam about centralized transactions. They trade what they see and make profit end of story.

[@currencymovers]

🤔Unless your fundamentally sound, mentally tough and disciplined, it doesn't matter what you trade, you will not be consistently profitable.💰👀😃

[@pungkasbudiarti2842]

Forex is casino

[@larrytompkins5719]

Forex is my baby

[@G-sr2bs]

That's a dumb reason. Currencies are a major asset class, particularly for macro traders.

[@ssrstreaming6937]

That's the legendary ans from a legend trader ...Proud on you my Mentor. @umar Ashraf

[@McFlashh]

Why would you want to trade something centralised? That’s why crypto is so popular now, it’s de-centralised and the banks don’t have any control over it.

[@mrclandestine9000]

Forex is for the pros

[@bl4ckb3ll]

Forex is a scam with low probability winner, maybe less than 5% can win in forex.

[@kashifali-ug1yk]

I was thinking the same way.. 😅 but it's not

[@kapkumar1243]

Forex is not for everyone including you

[@kashifali-ug1yk]

@@kapkumar1243 true.. it's a different game..

[@stacysummers3347]

I don't understand how people lose with forex. You can literally enter an unlimited amount of trades and put a stop loss at your entry price. How can you lose?

[@itstheeraka]

So you are saying that the biggest market in the world is a scam 🤣 Don't trade do something else🤣

[@lvjungle2840]

Making it sounds like his strategy only take 1pips 😂 he can’t handle the normal spread nor able to find good broker

[@ilovecuriousgeorge]

my comment deleted

[@officialkoby]

Forex is the best

[@im-fast-as-fuk-boi4892]

and that's why I like trading cryptocurrency 🔥

[@chamaldealwis9]

It's a decentralised market as well, binance will quote a different other to coinbase for example

[@itstheeraka]

WTF🤣

[@b4rkai]

Because forex is mainly CFDs lmao

[@sandipbadad4685]

if you are worried about manipulations then surely you are not a profitable trader

[@user-gn8wx4dd7e]

He makes millions bro

[@lodel]

You are not fun of forex because it will take a 10000pip trade to make the money you make trading one stock contract😂😂😂

[@brightnonyelum8111]

I will stop trading forex

[@Kris_413]

Sheep 😂

[@kianjs]

Bro said nothing by saying a lot

[@kapkumar1243]

Forex is not everyone

[@erickvargas6447]

Is it true brokers be causing issues with payouts ? And do you know which brokers r legit

[@user-er8pd8il3w]

Not true.

[@tradersjournal.]

There are only two types of traders in the world. Find out which one your are. No 1: ... read more

[@ginitsamuel8223]

Such a bullshit guy how you can show the legitimacy from real world forex to a forex broker how you will show the transactions

[@ajdonzain7496]

Bro if you are true you don't know nothing about forex

[@rtevick_]

Order Flow

[@Tannerr14]

Crypto is the best to trade🤤

[@gilbertteo5938]

Your loss then

[@ibrahimkhanx5879]

Fuck forex and stock. Only love crypto because I made and crypto 200k dollars the last 6month for me is better crypto

[@jeremysiegfried110]

forex is crap

[@beach2787]

False

[@joaoalegrio6433]

A lot of bullshit

[@Fridayy.Blessed]

Blah blah blah

[@IronMike-gz8np]

I will begin Forex very soon and planning to make money. We all trade because of money