Forex Trading Basics: What are the Best Currency Pairs to Trade?
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- Опубліковано 29 вер 2024
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I really suck at trading guys please i don't really have money to pay for mentorship yet please guys i need help
Been blowing my small account with gold and nas100😭😭 No more thanks my G. Will just remove those indices and Gold 🤞
best advice👍👍
I have been trading for about 6 months now and just about every trade slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis and MTF analysis, but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take(I know, it sounds stupid but I was desperate) and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
@Lincoln Collison You're right, I don't lose money every single trade, but my main problem is trying to let my runners run. Very rarely do I catch big moves . Instead they go a few pips in my direction, then go against me if when I try holding them. Also my entries could use a lot of improvement. A mentor would be amazing, but getting one is easier said than done. If it's not too much to ask, do you know any?
hey man what type of strategy are you using?
I have been learning and watching a lot of videos lately and been studying for at least a year now on and off. One thing i have summarized is it takes more than 6 moths to be better in trading. It takes even years for the best traders to be profitable bro. Dont lose hope. Stop trading with real money. Do demo account till youre profitable
you need a master trader who is experienced and successful to guide and teach you. Also learn and demo alot before you go solo...
Am also a new trader and hoping for good results
I'm glad I came across your video. My friend introduced me to MT5 and FTMO and the markets you recommended for beginners are exactly the ones I've been dabbling in. Reassuring to know I'm doing something right x
what currency did you pick to earn profit?
Nothing beats Goldie if you know how to...
Volatility is good if you understand the direction of the market
A friend recommended this channel. Man I'm loving your videos.
He can't trade. He just repackages talking points
@@paulelago9453 Found the Hater😂
@@BiggzLyfe lol, I'm not a hater, used to follow this guy before I learned how to trade. He can't trade, he is just UA-camr and does other businesses. He doesn't earn his living from trading.
What’s the best currency exchange app
Your a wizard bro!!! What is this strategy called?!?!
Stop trading, go back to the basics, apply what you've learned on a demo account, then start trading with a small account.
Please use black background in your videos it is easier to watch for people who has some eyes problems. PLEASE, PLEASE.
Love the content Nick. Watching you over these months has improved my trading
Appreciate this man!! Been a rough week definitely going to backtest these less volatile pairs
Awesome vid bro. Your knowledge is unparalleled
Appreciate it
What about BTC/USD? Is this highly volatile?
Love your vids-- re-watched this one, as I'm getting back into the forex market after a break of a couple years, and I need to refamiliarize myself with some basics. In re: EUR/USD, isn't it also true that since it's by far one of the most liquid, highest volume pairs traded, that it tends to be one that central banks "manipulate" pretty regularly, setting up retail traders for stop-outs all the time?
You’re awesome bro
Nice
AUD moves with gold price so quite volatile
Why not just use a stop loss to mitigate the risk of the trade going against you?
You do make a great point about the spreads, though.
So many thanks for the video Nick 👍 good advice with nice content. Hope to see you at your academy if i would able to manage it on near future.
Euro/Zar seems like it has a huge spread
What does huge spread mean
Hi guys,
Complete nooby here.
What's a good trading platform to use?
I'm based on the UK
Super
This is really helpful, kind, understanding and patient. Thank you bro!
Thanks Ni k.Very helpfully your viedio.
Which of the following currencies have you traded?
Does that means traiding this pairs in the time out of busy times zones is even better or ?
Yes training during the pairs session is when most traders trade!
Guys, is gold and xauusd the same?? I can't find xuausd on my broker but gold. .
Yes it is
Your strategies really works man! You are the best trader ever
Thanks man u really helped alot
Random question....Are you left-handed????
Nope!
Looking for anyone to analyse charts with
very helpfull
EU for beginners? . Isn’t this the most popular pair ?. Which means more manipulation?
There is no pair that is not "manipulated" or traded by major institutions. Intelligent traders will go wherever there is liquidity!
@@TraderNick got it thank you
Oh man this was amaizing ! HALLE LUJA !!! THX
Very helpful suggestions. Thanks Nick.
Best Content thanks Nick
Thank you Nick.
Paper trading is great for learning
NICK can you do a video on leverage
Didn't think that GJ was high on the volatility scale....
neither did i
I just wanted to say keep up the good work you video's are very helpful 🙏
Bro love you for your attitude . 💕
Lost more than 15k usd in gold trading😑😖
It's really hard to trade gold😬
Is Eurgbp n audnzd good for me as a beginner? I wanna stay away from usd pairs
No. As a beginner you should stick on with major currency pairs.
Xau and usoil is best.
Thx 😁😊
Yes nick
Some good advice right here
This video saved me, I had 100 and now down to 58 bucks
Use a demo
Are you serious?😂
Thanks man!!!!!
Very helpful
well done nick
Cheers!
did you really just say EURUSD is low volatility? are you kidding me?
If you compare it to yen pairs and their average daily range, it is quite substantially less volatile 👍
But wat have understood in all this trading thing , it's gambling...