TradeZella: ⬇️ Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription ⬇️ 👉 bit.ly/TradeZellaWOR Alpha Capital: ⬇️ Use Code "RIZ" for 20% OFF ALL Challenges. ⬇️ 👉 bit.ly/AlphaCapitalWOR 👈 Alpha Futures: ⬇️ Use Code "RIZ" for 20% OFF ALL Challenges. ⬇️ 👉 bit.ly/AlphaFuturesWOR 👈
Thank you also Nick, for firstly putting yourself out there on such a great platform to give us traders an insight into yourself and how you see trading as a whole. But secondly for being so relatable, transparent and honest with your responses and making such a great conversation/ content piece for us to enjoy ❤
Know you from your beginnings. And right. Just you and Raja. At that time 2019 I got pregnant. And now after 2 kids ….. boooooom the whole trading social media guru thing explode and it’s almost impossible to find legit people like you. Still humble. Thanks.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
My CFA ’ Julianne Iwersen Niemann ’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
In the 50's my Dad worked a modest job, Mom stayed at home and raised the kids, and they lived a nice middle class lifestyle including owning a home. Nowadays both I and my partner works and can barely afford to make ends meet. Soon the kids and family dog will need to work to keep this household going. It's the destruction of the American dream right before our eyes.
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
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.
Nick syiek is by farr the most honest trader in UA-cam history..always sharing some uncomfortable truths about trading expectations..he is a legend..am yet to meet a more honest and trustworthy trader..been following him since day one..he is rare..
I hope you do realize that everything Nick shows in regards to his trading can be easylly faked by a 10 yr old, if you didnt ill tell you right hier right now, i do not imply hes not a profitable trader but i imply that people should look dipper into it
Been waiting for this one Trader Nick is probably the only trader you have had the n your podcast that proves he knows how to actually Trade over time not just post huge wins with a big following.
I agree 100% with Nick here on the backtesting and how it truly exposed not just the winrate but also the flaws of every strategy and those drawdown periods are the places where the main test comes. 22:12
I love his minimalistic view to position sizing and risk Management. Back testing is key to finding an edge in the market. We should literally bank on our edge in the market and not just trade whatever we see🎯
My take away! Markets are ever-changing dynamic. System design must also be dynamic. Synchronization is everything. All trade strategies work at some point, and then fall out of sync. There is enough data to backtest on each instrument. Trader Nick is very humble and honest and full of wisdom to heed.
Nick is one of the best! Genuine, truthful and always humble! Riz you need more verified honest traders on the podcast your work is truly a blessing! Thanks to 2 wonderful youtube personalities!
It's great to see Nick here. This man is born to be a trader. I have been watching him for the last year and a half. There is a lot of value in his contents
TRADER Nick hit the nail on the head here and truly ever since i started trading and focusing on USDJPY I've developed a connection with the pair through backtesting and trading it live too 37:35
"This video is a game-changer for those looking to dive into trading with limited capital. Trader Nick's insights on how to effectively trade with just $500 offer a realistic and practical approach for beginners and experienced traders alike. His clear strategies, risk management tips, and personal experiences make this a must-watch for anyone serious about making the most out of a small trading account. Incredible value packed into one video!"
Awesome interview! You guys touched on a lot of hard truths which people just don't want to accept. Trading is NOT a get rich quick scheme. Slow and steady returns win the game. PS: Thanks for the shoutout Nick! 🙂
What Nick said here at around 29:00 that the hard part about trading is finding and refining an edge is in my opinion the most honest truth of the industry. We have so many fake influencer Traders that sell courses that tell everyone that the most important thing is psychology to gaslight their consumers into never checking if the strategies and systems they share really provide any value. So became the mantra that psychology is the hard part the biggest lie of the industry and in my opinion a super important reason why so many people fail, because they focus on the wrong thing too much and on the real important thing, finding and edge, not nearly enough.
Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
I don't regret back testing and I've heard from Traders like Nick its best to do for some time before doing challenges or live accounts. 28:10 I used this coin terminology with a friend who thought trading was gambling to try show and convince them it's safe but you need risk management to be profitable and more.
I like nick, he’s a real dude, doesn’t ware slick clothes, the laces of his Airforce 1s look dirty, and he doesn’t fade his hair to look slick, and I don’t see any AP watch, authentic, shout out to him!
This has been super entertaining and informative. I've learnt to be comfortable with my type of trading weather, its technical pr fundamentals analysis, and also how important position sizing is, too. Thank you. This was a great watch! 1:54:12
*I love the grounded reality of this channel!* Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Huge! Been trying to trade on my own for a while now, but it isn't going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
Giving her my initial savings of $15,000 to invest in a brokerage account was a turning point in my life less 7days. It's been an incredibly rewarding experience.
deff thought Nick was in his mid to late 30s with more years of trading experience. very mature trader/youtuber. a real breath of fresh air in contrast to the usual guests of this podcast
56:18 yes the debate for whos the best whether fundamentals or technical analysis has been going for ages but for me i still pay attention to fundamentals even as a price action trader so I'll say they are both important
"Totally you be right in the next three months but wrong in the next week the biggest criticism and why i think technicals are still very important is because fundamentals might tell you like which direction that the market could go or probability wise could go" 1:07:48
Discipline is every thing , FOMO is immaturity is like it just kid do that. When the market hits hard, a true learner learns on their own, while those who don't pay the price for their own foolishness. Those who develop too many habits in the market get straightened out in two days. The market itself wants to teach them discipline-if they're willing to learn. Find an edge and stick to it and be Patience with that Most people can't do this-real patience isn't just waiting for the perfect setup in the market, but staying composed even when you miss it
Trader Nick, thank you for the honest interview. I learned quite a bit from this podcast. One quick question: does your pnl graph represent the after-tax figures? Thank you sir.
TradeZella:
⬇️ Use Code “RIZ10” for 10% off your subscription or Code “WOR” for 20% off your yearly subscription ⬇️
👉 bit.ly/TradeZellaWOR
Alpha Capital:
⬇️ Use Code "RIZ" for 20% OFF ALL Challenges. ⬇️
👉 bit.ly/AlphaCapitalWOR 👈
Alpha Futures:
⬇️ Use Code "RIZ" for 20% OFF ALL Challenges. ⬇️
👉 bit.ly/AlphaFuturesWOR 👈
Thank you very much for the great conversation Riz. It was an honor to be on your show, and I love the content you're creating for the trading space!
Definitely true ❤❤
Which is best back test software that is cheap also
Thank you also Nick, for firstly putting yourself out there on such a great platform to give us traders an insight into yourself and how you see trading as a whole.
But secondly for being so relatable, transparent and honest with your responses and making such a great conversation/ content piece for us to enjoy ❤
@@CallumNeal-23yes of course it's true
Know you from your beginnings. And right. Just you and Raja.
At that time 2019 I got pregnant. And now after 2 kids ….. boooooom the whole trading social media guru thing explode and it’s almost impossible to find legit people like you. Still humble. Thanks.
Trader Nick: One of the most realistic traders out there who also uses fundamentals to support his decision. Man will go far, trust me.
The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
My CFA ’ Julianne Iwersen Niemann ’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
So stoked for thisss oneee!
Pog ! When is interview with uncle Mike coming ?
I love you Tori ❤️🤗
You're a clown too. 8 years of trading and you ain't made no real money yet.
The two of you are my favorite traders for sure
Never, hes not real@@henryl3e
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
In the 50's my Dad worked a modest job, Mom stayed at home and raised the kids, and they lived a nice middle class lifestyle including owning a home. Nowadays both I and my partner works and can barely afford to make ends meet. Soon the kids and family dog will need to work to keep this household going. It's the destruction of the American dream right before our eyes.
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
I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields
Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.
Nick syiek is by farr the most honest trader in UA-cam history..always sharing some uncomfortable truths about trading expectations..he is a legend..am yet to meet a more honest and trustworthy trader..been following him since day one..he is rare..
I been following nick for a couple years. One of the most consistent traders I've ever seen
I hope you do realize that everything Nick shows in regards to his trading can be easylly faked by a 10 yr old, if you didnt ill tell you right hier right now, i do not imply hes not a profitable trader but i imply that people should look dipper into it
Been waiting for this one Trader Nick is probably the only trader you have had the n your podcast that proves he knows how to actually Trade over time not just post huge wins with a big following.
Really like Nick. He is one of the genuine ones. Very realistic man.
Nick is one of the last good example of a trader out there. Always humble, never heard him saying anything bad about other traders and strategies.
I agree 100% with Nick here on the backtesting and how it truly exposed not just the winrate but also the flaws of every strategy and those drawdown periods are the places where the main test comes. 22:12
I don't use fundamentals but I still watch nick regularly. Great dude. Surprised and glad to see this happened 🔥
LETS GOO Nick wow this dude deserves the spotlight and more. I’ve been watching him 5 days a week for over a year now he is that guy.
Love to hear it! Be there for the live premier 🤝
Discipline is everything for sure. Can't wait to be profitable man. Thanks for this Nick.
I love his minimalistic view to position sizing and risk Management.
Back testing is key to finding an edge in the market.
We should literally bank on our edge in the market and not just trade whatever we see🎯
My take away! Markets are ever-changing dynamic. System design must also be dynamic. Synchronization is everything. All trade strategies work at some point, and then fall out of sync. There is enough data to backtest on each instrument. Trader Nick is very humble and honest and full of wisdom to heed.
Thank you for tuning in🙏🏽
Nick is one of the best! Genuine, truthful and always humble! Riz you need more verified honest traders on the podcast your work is truly a blessing! Thanks to 2 wonderful youtube personalities!
It's great to see Nick here. This man is born to be a trader. I have been watching him for the last year and a half. There is a lot of value in his contents
We need more of Trader nick in this space...He has a great deal of transparency and humility ❤️💯
Nick one of the most honest and transparent trader I ever see
TRADER Nick hit the nail on the head here and truly ever since i started trading and focusing on USDJPY I've developed a connection with the pair through backtesting and trading it live too 37:35
Riz is really the best in the prop space interviews for forex traders❤️💯🎯
2-4% a month return makes it realistic for a new trader like me. 1:17:00
Loving listening to these podcasts, so many nuggets
@wordsofrizdom probably the best interview you have done. Next level deep convo and no ICT in sight....
"This video is a game-changer for those looking to dive into trading with limited capital. Trader Nick's insights on how to effectively trade with just $500 offer a realistic and practical approach for beginners and experienced traders alike. His clear strategies, risk management tips, and personal experiences make this a must-watch for anyone serious about making the most out of a small trading account. Incredible value packed into one video!"
I love Nicks calm personality, You and Nick together on a podcast, it's awesome to see!
Finally my real mentor came on this platform ❤ So much happy to see you with World biggest Trading interviewer! Lot of fun and Lot of lessons today❤❤
A real trader who shows results and does not flex
THE ONLY TRADER THAT MATTERS
Awesome interview! You guys touched on a lot of hard truths which people just don't want to accept. Trading is NOT a get rich quick scheme. Slow and steady returns win the game.
PS: Thanks for the shoutout Nick! 🙂
What Nick said here at around 29:00 that the hard part about trading is finding and refining an edge is in my opinion the most honest truth of the industry. We have so many fake influencer Traders that sell courses that tell everyone that the most important thing is psychology to gaslight their consumers into never checking if the strategies and systems they share really provide any value. So became the mantra that psychology is the hard part the biggest lie of the industry and in my opinion a super important reason why so many people fail, because they focus on the wrong thing too much and on the real important thing, finding and edge, not nearly enough.
100%
the most legit trader youve brought on the show hands down !!
listening to nick talk is like listening to a sound doctrine preacher, I love it
Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Another take here for me is that Fundamentals are good for direction but are not always great for timing as to when to actually take the trades.♥️🎯💯
Another take for me"Bigger return comes also with bigger risk".🎯💯
Can't wait to see more episodes of guests who talk about what they can actually prove
Nick the Pro
Fundamentalist
Yall gotta get my boy Nick Stewart on here, definitely deserves it
Nick is one of the traders that made me last longer in forex.
Everyday I'm learning something new from this channel
Thank you for your support!
Another incredible episode 👌🏻
Nick has some amazing takes on the industry as a whole and general traders experiences
I don't regret back testing and I've heard from Traders like Nick its best to do for some time before doing challenges or live accounts. 28:10 I used this coin terminology with a friend who thought trading was gambling to try show and convince them it's safe but you need risk management to be profitable and more.
@34:22 its called IMPLICIT LEARNING.
Absolutely the most important thing in trading.
Backtesting is gold😊❤❤
I like nick, he’s a real dude, doesn’t ware slick clothes, the laces of his Airforce 1s look dirty, and he doesn’t fade his hair to look slick, and I don’t see any AP watch, authentic, shout out to him!
Go away
This has been super entertaining and informative. I've learnt to be comfortable with my type of trading weather, its technical pr fundamentals analysis, and also how important position sizing is, too. Thank you. This was a great watch! 1:54:12
*I love the grounded reality of this channel!* Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Only God knows how much grateful i am. I now own a new house and my family is happy once again everything is finally falling into place!!
Huge! Been trying to trade on my own for a while now, but it isn't going well. few weeks ago I lost about $70,000 in the trade. Can you please at least advise me on what to do?
@@marcosvg90Maria Angelina Alexander I really appreciate her efforts and transparency.
Giving her my initial savings of $15,000 to invest in a brokerage account was a turning point in my life less 7days. It's been an incredibly rewarding experience.
God has used her to save so many families. I remember when I met her at the bank, she was indeed a good woman.
i dont really feel trader nick i dont know why,but is one of the few real trader out there
This guy is the only guy who spoke the truth about edge
he is really down to earth, knowing him from 2020, live long nick ❤❤
He really looks like a disciplined trader...❤️
deff thought Nick was in his mid to late 30s with more years of trading experience. very mature trader/youtuber. a real breath of fresh air in contrast to the usual guests of this podcast
Very great podcast, Nick is a very wise man and wise trader. Learned a lot. Thankyou.
No fancy things (whatch,clothes,shoes )but his mentality worth more then (💎) daimond.thank you riz for providing this type of valu.
That’s always a vibe. Fantastic advice and value given by Nick 🤝
Fundamentals analysis is the story behind the story been told" well put Trader Nick! 👏🏾 56:18
It's an amazing video as always @Words of Rizdom. Preciate what you do for the community at large❤
His edge finder pro is the TRUTH!!
One of the best interviews so far 🤝🏾
Fundamentals tells where's the money goes. Amazing 🤩
What's an amazing podcast Riz,....Thanks Nick💙💙🙌
56:18 yes the debate for whos the best whether fundamentals or technical analysis has been going for ages but for me i still pay attention to fundamentals even as a price action trader so I'll say they are both important
Big fan Trader nick from pakistan.Humble personality with real PNL.
Nick is the Best of the Best🎉🎉🎉🎉
Gems spilled every episode❤❤
Im enjoying this podcast alot❤
It's true nick trading is all about an edge and then risk management
Same here! Exciting times ahead! 🚀
Great guest, great advice, great interview!
THIS GUY I MORE OVER BEING A TRADER MUCH RESPECT
"Totally you be right in the next three months but wrong in the next week the biggest criticism and why i think technicals are still very important is because fundamentals might tell you like which direction that the market could go or probability wise could go" 1:07:48
Always good to see a trader who have a track record. Especially persona capital. I like Tori too. ❤
My biggest takeaway is that you can't be profitable if you are money hungry you are impatient and you are not displined ❤❤
Always getting the best out of this podcast
Thanks Riz for another great interview
Another great episode to learn something from
Very humble guy 👏👏👏
Importance of studying particular assets was my main focus 🧘… insightful it was so great ❤
it was nice of Eric Forman from that 70s show to be on your podcast never knew he was a trader
Discipline is every thing , FOMO is immaturity is like it just kid do that. When the market hits hard, a true learner learns on their own, while those who don't pay the price for their own foolishness. Those who develop too many habits in the market get straightened out in two days. The market itself wants to teach them discipline-if they're willing to learn.
Find an edge and stick to it and be Patience with that
Most people can't do this-real patience isn't just waiting for the perfect setup in the market, but staying composed even when you miss it
Its a great way on testing your strategy
this is a life changing project
I’m glad you finally made this one happen 💪🏽
Thank you for tuning in💪🏽
this one was absolutely amazing
27:00 THANK YOU finally someone said it, god finding an edge is the only thing that stops me now
Been waiting for this one!! Great content as always Riz!
Finally we got NICK!!!!!!!
been waiting for this interview. one of the few legit infuencers
1:35 that is a valid point my wife doesn't understand why i still do uber eats when I pay all my bills with one trade.
Shows also the consistency 46:23
Sticking to what works for you and be able to comfortably talk about it whether its fundamentals or technical analysis 1:00:45
FINALLY. TORI, THEN NICK. LFG 🔥🔥🔥
Fundamentals are great if it is all balanced .some people confuse it with just trading the data release
awesome to see the interview...thanks for sharing
Thank you for tuning in🫡
Nick has raising the bar . public record
Excellent work 👌❤ team rizdom let's go 🎊🎊
Totally agree! Let's go AWS! 🌟
When the world knows this, we already x50 🚀
Trader Nick, thank you for the honest interview. I learned quite a bit from this podcast. One quick question: does your pnl graph represent the after-tax figures? Thank you sir.