I always use trailing stops... You can never be 100% sure of a trade... At any time, at any place price could pullback and you could lose all your profits... Trailing stops helps you to hold trades with a peace of mind.... Although trailing stops should not be too far away from ur entry as the market could pullback and take u out wayy to early before it continues in your direction... Set trailing stops to breakeven and than after that... Depending on what you see on the charts... You can move ur trailing stop into profit... That's just my opinion though 😁nothing more than that 😁
Hey Nick, I'm from Kurdistan region of Iraq, I just wanted to say thank you for your helpful videos, they opened my eyes a lot, it is for one year and half I'm in this business of trading and I'm doing just great. in the beginning of my journey very randomly I came across your videos "thanks God", your ways of trading much very good with my personality, your videos have been very useful to me. In the end i wanted to say I have a lot of respect and love for you personally and God bless you, hope one day see you in person and say a lot of thanks to you.
I love Trailing stops but psychologically it’s a little taxing, because when it pulls back and Stops me out, I’m like damn ! 🤯🤷🏽♂️ I think there’s the factor of time concerning the growth of my account. If I set 1:2’s and move to break even at 1R overtime I might gain more than Trailing my stops sighting that the big moves are much rarer. I’m still working it out as I gain more experience.
In my openion This is the best video on Internet about TS. watched 3-4 videos about TS and this wins with a huge margin. And 2 of those videos are made by this same dude
It "was" my best strategy that i had ever knew about but not until now since i'm working as a analyst on one of the best innovation apps here on Indonesia where you could make your own signal provider channel and give a signal for people to follow, and so you should already plan everything where you should put your pending order, TP and SL, it really taught us to be a discipline trader and you cant ever make any sort of intervention Well its a method which already proven that can make those stat about only 5% trader will be profitable turn into 15%, amazing right? Just wanna share it to you one of my Mentor out there ;)
Also what's good about this apps is you dont need any money to start, you can only focus on analyzing the market movement, and from here i know that analyst and trader are 2 different job, its best for analyst to not trade on his own so they can be more subjective and focus without worry about psychology issues
Trading as a beginner on the binary market can be rather be confusing and complex and that's why it's important to have an experienced leader like Oliver Huth fx to guide you .
Truly forex trade has helped alot of people it has been a source of financial freedom. to many people the rich get richer from it and the poor get rich from it
Quite time, nothing beats direction from someone experienced in the field. I tried twice on my own but I lost most of what I owned expert Veronica Mira has really been good to me
I always use trailing stops... You can never be 100% sure of a trade... At any time, at any place price could pullback and you could lose all your profits... Trailing stops helps you to hold trades with a peace of mind.... Although trailing stops should not be too far away from ur entry as the market could pullback and take u out wayy to early before it continues in your direction... Set trailing stops to breakeven and than after that... Depending on what you see on the charts... You can move ur trailing stop into profit... That's just my opinion though 😁nothing more than that 😁
Break even is great, it preserves my capital, also small losses, 1%, Thanx Man
Hey Nick, I'm from Kurdistan region of Iraq, I just wanted to say thank you for your helpful videos, they opened my eyes a lot, it is for one year and half I'm in this business of trading and I'm doing just great. in the beginning of my journey very randomly I came across your videos "thanks God", your ways of trading much very good with my personality, your videos have been very useful to me. In the end i wanted to say I have a lot of respect and love for you personally and God bless you, hope one day see you in person and say a lot of thanks to you.
Hello @Ibrahim. I enjoyed your comments, are you still trading and if yes are you using trailing stops?
I love Trailing stops but psychologically it’s a little taxing, because when it pulls back and Stops me out, I’m like damn ! 🤯🤷🏽♂️
I think there’s the factor of time concerning the growth of my account. If I set 1:2’s and move to break even at 1R overtime I might gain more than Trailing my stops sighting that the big moves are much rarer. I’m still working it out as I gain more experience.
In my openion This is the best video on Internet about TS. watched 3-4 videos about TS and this wins with a huge margin.
And 2 of those videos are made by this same dude
How to calculate cost per point in traling stop? I like to use traiing stop but not sure how much point should use and how to calculate it.
I want that ,thanku so much Nick❤
I tryed a similar strategy for the 1st time on friday & it was extremely profitable. My question is at what point would you move it up to breakeven?
It "was" my best strategy that i had ever knew about but not until now since i'm working as a analyst on one of the best innovation apps here on Indonesia where you could make your own signal provider channel and give a signal for people to follow, and so you should already plan everything where you should put your pending order, TP and SL, it really taught us to be a discipline trader and you cant ever make any sort of intervention
Well its a method which already proven that can make those stat about only 5% trader will be profitable turn into 15%, amazing right?
Just wanna share it to you one of my Mentor out there ;)
Also what's good about this apps is you dont need any money to start, you can only focus on analyzing the market movement, and from here i know that analyst and trader are 2 different job, its best for analyst to not trade on his own so they can be more subjective and focus without worry about psychology issues
Hi. What is best time frame for trailing stop.
Nick, you could use the text feature in Paint
Great video!
Enjoyed the video and a big Thank You ...
Aim small miss small - The Patriot (Mel Gibson movie)
I use trailing stops and TP simple
I always of to be fighting the urge to take profit, when doing my trailing stops. I usually move my stop below every retracement of prices.
U so good man 👍
In order to reach 9:1 you would have reach 10:1 and then stop sell at 9. 👽
What works for me is I place my trade and set a 1 to 3 and forget about it. I dont modify it
What a about securing a 1:2 if the market reverse before hitting 1:3
Trading as a beginner on the binary market can be rather be confusing and complex and that's why it's important to have an experienced leader like Oliver Huth fx to guide you .
I don't know who needs to hear this but stop saving all your money. Invest some of it if you want financial freedom.
🙏🙏🙏
Truly forex trade has helped alot of people it has been a source of financial freedom. to many people the rich get richer from it and the poor get rich from it
Quite time, nothing beats direction from someone experienced in the field. I tried twice on my own but I lost most of what I owned expert Veronica Mira has really been good to me
Jai shree ram
Radhe radhe
radhe radhe