Keep executing VALID trades setups consistently is the HOLY Grill of trading...Adam you should do a video on how to handle situations of not having valid trades in a long time if you are a swing trader
Thank you so much Adam. I stopped trading 2 years ago because I was frustrated by my losses and I felt like trading was a chore for me that time. So overwhelmed with everything, plus the hype. Now that I have seen your videos, especially your trading psychology videos, I was now more chill and accepted that trading isn't linear.
Adam I don't know what to say, I do follow you for over a 1year and I just start to have consistent profits and losses. but some times I still risk to much some times 10% of my account. I know I have lucky some times , but what I think what as being saving my but , is to be consistent on my strategy even when some times i risk to much . you are one off my virtual mentors you and Ryan you are the the best. thanks a lot for help me out in this journey. looks like you have a crystal ball everything you say is true. looks like you are next to me watching all my shit trades. actually this week i just had losses. that's the reason why I'm watching this again.... you are simply the best.
U know this is so practical. I found a strategy and initially it was working just fine and i felt like , yes now i own the market. I can predict every move . It was so smooth and easy. I was making money. Then i increased my lot, later i started loosing consistently, When i'm in profit i quickly take it for fear it will go into loss. I increase my lot again to take revenge on the market and cover lost trade , and i lost again and again and again.Finally, I dumped the strategy . Adam , your videos are eyes opener. I have seen a lot of it. I have seen what i didn't do right. The problem is not with the strategy . Thanks so much.
Check out these 2 books “Trading for a Living” & “Trading in the Zone”. Should notice strikingly similar paraphrases of the contents on this channel. Kudos for explaining in depth though. cheers
Your videos are very helpful in my process of becoming a consistent trader. I've used techniques in casinos and been banned before so I understand the edge and how it applies to trading. Thank you
2R or 3R all fine but, How about the (coherent) higher probability of price moving with a volatility bandwidth that will stop you out? e.g. the odds of a stock @ 100$ moving 1% may be 2x or 3x more likely than it moving 2 or 3% in the right direction.
Thanks Sir,Its a great lesson for us who don't control our emotion during our losing trade. Finlay you prove that without patient we may not survive fx for long time.
4:25 '...prices move because of emotions in the market...'?! Then later he'll be saying the big banks and financial institutions move the markets. Besides who cares about the emotions of millions of individual traders when the retail market only makes up 10% of the Forex market?
If my TP is 10 pips and my SL is 1000 pips, I'll easily get a win rate of over 90%. See? It's never the win rate itself matters. The way your strategy exits determines the possible win rate. If you really set the TP > SL, you'll never get a 50%+ win rate easily. It's never only psychology either. Those on wall street don't get a steady 90% yearly return. (and clearly, they don't have so-called psychology problems) What makes you think you can? In reality, lots of trend followers have only a 30% win rate. He's only selling classes. If you really believe what he said, good luck.
I had to stop this video and say thank you so much for sharing your knowledge. Just found your content and I’ve been binge watching. This was a real eye opener for me to see your trading statements(especially the equity curve) and realize that even professional traders like you still lose. This is helping so much with changing my mindset about losing. Thanks so much Adam. I appreciate your work.
Yes I do compromise and quickly change the strategy if it goes wrong. Market never shows grace to anybody it's a monster 👹 we need to go the way it goes.
Thank you Adam for sharing your wisdom and the hard truths about real professional traders! I am an inconsistent but profitable trader and after watching your video, I came to a realization that I made some of the "noob" mistakes along the way and reduced my risk % just because of a losing streak. Could have recovered all of my losses if I stick with the exact same risk % even after the losing streak and ride my winners!
Forex is a very lucrative business and one can actually make money from forex trading and can also make a huge loss in forex if not careful. I strongly advise forex beginners to seek help from experts
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
Trade only with 0.01 size or 0.02 Size, Trade in demo account and only then start to trade. Keep stop loss based on your risk. If you look at the price will go up and down . You can understand the price movements during different time interval.Don't trade multiple trades same time . This will blow the account. Use EMA ( Moving Average) 3, 5, 9, 21 to understand the price movements in the chart. Use the Currency Strength Meter to select the Right pars. Pairing Currency is like who do you want to fight with ? You want to fight With a person weeker than you.So same is applicable for pairing Currency. The first is you and the second Currency is your opponent. Buy the strongest Currency or sell the weekest Currency. Lookt at the daily, weekly and 4 hrs , 1 hrs , 15 minutes and 1 minute time frame and see the price movement and should enter at the right time .That you should learn from the market opening and see the stock moves. Hope this helps. Don't increase the position size with our consistent. Never tade on high leverage. Stick to Rules and watch the market. Don't still for all day.
Do u have the right strategy which you have backtested profitable in the historical data? If u haven’t done that, consider doing so and see the improvements!
Nice video on forex trading and Indeed a memorable teaching sir so many people are into greed and so many low strategies when it comes to trading and investing its really recommendable before going into any online trading market please seek Guidance from any trading expert you know off so you won't end up losing money and Energy when trading with poor strategies.
Another big thing is just Geopolitics, Company developments, and The press. For example, if a stock is at an uptrend in a failing economy with no new developments, and a negative press reputation ( or even one of these things) there's a good chance the uptrend is coming to a reversal soon.
Great video! The psychology of trading is the number one rule I teach and the absolute most important rule. Psychology of trading can make people do crazy things.
Hi Adam, Love your videos, please tell me how much time you spent on trading Stocks? if you can make a video " A day in the life of Adam Khoo" that would be awesome.
Excellent video, I have been a student of yours and using multiple strategies consistently and pretty much break even or a few R up in a month. My question is that should I stick to only one strategy and try as sometimes I don’t get “A” level trades from my scanning so I move to another strategy that you have taught. Confused now... thanks
Thank you Adam .You hit another home run with this video .I am growing stronger mentally ,spiritually, financially and in all other ways every day. You did an outstanding job explaining the emotional intelligence one must accumulate to master or professionally navigate the financial markets. Thank you Thank you Thank you
Hello Adam, When I hear your videos about stocks you are much more optimistic about the profit, when you are talking about forex, the profit is much less attactive. why don't you just forget forex? I have also hear people say forex can not earn money , because the volatitly is very small and some market structure issues
My broker, Pepperstone is also offering my students special group rates where you can enjoy lower commissions. (Note: Not available for Singapore,Hong Kong, US and Canada). You can open an account from this link bit.ly/pepperstone-acc
Amazing info …I was just curious about currency exchange …but I will stick with what I know to make $ ….thx very much for the video it is very educational ….good luck I hope u make lots of $ in the future cuz u have a Chapion mentality .
Keep executing VALID trades setups consistently is the HOLY Grill of trading...Adam you should do a video on how to handle situations of not having valid trades in a long time if you are a swing trader
Great Tutor. Your style of tutoring is unparalleled. Keep doing the good work. Shout out from Nigeria:)💪
I don’t comment on videos but I must say this is the best reality out there. Thank you for the eye opener. And I just subscribed
Thank you so much Adam. I stopped trading 2 years ago because I was frustrated by my losses and I felt like trading was a chore for me that time. So overwhelmed with everything, plus the hype. Now that I have seen your videos, especially your trading psychology videos, I was now more chill and accepted that trading isn't linear.
This came at the right time! Was on the verge of giving up 🙏🏾😂😂
Don't give up. Be patient and be consistent and profit will come.
Adam I don't know what to say, I do follow you for over a 1year and I just start to have consistent profits and losses. but some times I still risk to much some times 10% of my account. I know I have lucky some times , but what I think what as being saving my but , is to be consistent on my strategy even when some times i risk to much . you are one off my virtual mentors you and Ryan you are the the best. thanks a lot for help me out in this journey. looks like you have a crystal ball everything you say is true. looks like you are next to me watching all my shit trades. actually this week i just had losses. that's the reason why I'm watching this again.... you are simply the best.
Thank very much , im still demo trading bt im learning a lot from you.
U know this is so practical. I found a strategy and initially it was working just fine and i felt like , yes now i own the market. I can predict every move . It was so smooth and easy. I was making money.
Then i increased my lot, later i started loosing consistently, When i'm in profit i quickly take it for fear it will go into loss. I increase my lot again to take revenge on the market and cover lost trade , and i lost again and again and again.Finally, I dumped the strategy .
Adam , your videos are eyes opener. I have seen a lot of it. I have seen what i didn't do right. The problem is not with the strategy .
Thanks so much.
4:10 got me. Adam is always Khoo. Thumbs up man, that's sone good humor
Good lesson
Thanks Adam I watched your vidoes they build my psychology well
I am VERY grateful for all of your knowledge Adam Khoo! So glad I stumbled upon you.
Check out these 2 books “Trading for a Living” & “Trading in the Zone”. Should notice strikingly similar paraphrases of the contents on this channel. Kudos for explaining in depth though. cheers
ua-cam.com/video/vBoI2NHXR7g/v-deo.html
ua-cam.com/video/5pIeHGxCpIs/v-deo.html
Your videos are very helpful in my process of becoming a consistent trader. I've used techniques in casinos and been banned before so I understand the edge and how it applies to trading. Thank you
Great presentation Adam. Thanks for this. My question is how much do i need to trade with in a year to get prepared for the losses?
I have also lost so much trading on my own
I am using an accöunt mànàger now
18wins and 2loses
@ Lee Crow pls can u link me to ur account manager
Sir, which broker is best for ecn account, and which broker is your favourite.
Thank you for the great video! I was wondering have you shared the exact strategy you have used here anywhere on youtube?
Winning 2R is around 2x harder than losing 1R . Is that real we still can get 50% win rate with TA strategy ??
Thank you for taking the effort to record this video and holding nothing back in educating us again and again.
Adams the great,your videos are exceptional,I moved to a recommended broker and things been working out fine for ne
Sir Khoo, you are only person who have said the the bitter truth about forex trading
Sir, what is the advantage of over trading, it's good to over trade?
Over trading happen bcoz of emotions market can't provide your setup consistently
Thank you so much ! So much wisdom in this video
Thank You Master.
Best free content. Thanks!
Thank you very much Sir. Valuable lessons.
2R or 3R all fine but, How about the (coherent) higher probability of price moving with a volatility bandwidth that will stop you out?
e.g. the odds of a stock @ 100$ moving 1% may be 2x or 3x more likely than it moving 2 or 3% in the right direction.
Adam do buying and selling options have a higher winning percentage over forex? And how about day trading stocks?
Appreciate your perspective, thanks for the video
I think the latest holy grail is the ichi mukuklao indicator. How much is it Adam?😮
I prefer the itchi backside indicator
15:12 that Aeyyy 😁😁
Thanks Sir,Its a great lesson for us who don't control our emotion during our losing trade. Finlay you prove that without patient we may not survive fx for long time.
Long term investing >>> Short term trading
when we place stop loss, is there a risk the broker hunts for your stop loss?
VWAP comes in handy here
You're amazing. Thank you for the video
Thank you for the nice advices and tips Mr Adam K
Thanks for the video adams. How can i invest and what should i do
My mentor #Adamkhoo great greetings from Somalia 👏👏👏🙏🙏🙏🙏🙏
Spot on...
Hi Adam. When we can/know its time to cut profit?Thanks
Im def testing that 100 pip stop loss strategy
Adam can you use a mic the next time, it's pretty soft
Yes.
this video is gold
Adam, a very informative video dealing with our psychic dealing with losses. Many thanks
Best Forex Trading Video !!!
It is not easy to get 50% win rate with 1.3 risk reward
i still really dont understand how to trade
I love this
Gold ❤️
@Adam Khoo, Can I trade Forex if I live in United State?
definitely. I have many US students. learn how to trade at www.piranhaprofits.com
Trading is like boxing, you will get punches no matter what. Is the same with losses. Keep them small and you will stay in the ring.
15:11 aaayy! If this continuuuuesss😂😂😂
😅😂😅
Thanks Adam. One of the best videos on investor's psychology!! :)
i dare other youtuber gurus to show similar stats
4:25 '...prices move because of emotions in the market...'?! Then later he'll be saying the big banks and financial institutions move the markets.
Besides who cares about the emotions of millions of individual traders when the retail market only makes up 10% of the Forex market?
If my TP is 10 pips and my SL is 1000 pips, I'll easily get a win rate of over 90%. See? It's never the win rate itself matters. The way your strategy exits determines the possible win rate. If you really set the TP > SL, you'll never get a 50%+ win rate easily. It's never only psychology either. Those on wall street don't get a steady 90% yearly return. (and clearly, they don't have so-called psychology problems) What makes you think you can? In reality, lots of trend followers have only a 30% win rate. He's only selling classes. If you really believe what he said, good luck.
Yes bro you are right
4:40 😂😂
😂😂
People really dont think
you can skip the first 3 min of BS and start from ua-cam.com/video/Ybyx3gRqwRY/v-deo.html
I had to stop this video and say thank you so much for sharing your knowledge. Just found your content and I’ve been binge watching. This was a real eye opener for me to see your trading statements(especially the equity curve) and realize that even professional traders like you still lose. This is helping so much with changing my mindset about losing. Thanks so much Adam. I appreciate your work.
Who's here in 2024
Protect this man at all costs!
In my opinion , this is the best Forex trading tutorial EVER.
Damn true! 💯☝️
If the strategy always go the wrong way,then just need to take the opposite of that strategy 😂😂😂
Yes I do compromise and quickly change the strategy if it goes wrong. Market never shows grace to anybody it's a monster 👹 we need to go the way it goes.
exactly 🤣
and that what i call gambling! lol. you dead funny
If gambling with some strategies, is called "calculated risk"...so up my game,LOL
@@betsycho.b5022 you're right.. Calculated risk
The itchi/ scratchy? That must be a new strategy. Must be a good one. I might look it up.
That's the strategy The Simpsons use and they're *super successful* 😉
Thank you Adam for sharing your wisdom and the hard truths about real professional traders!
I am an inconsistent but profitable trader and after watching your video, I came to a realization that I made some of the "noob" mistakes along the way and reduced my risk % just because of a losing streak.
Could have recovered all of my losses if I stick with the exact same risk % even after the losing streak and ride my winners!
Hi ..just love the way you put it and what you wrote.....give some encouragement to newbies like me, suffering losses unnecessarily..
Thank you so much Adam for this you saved lot of people from making mistakes ❤️
Forex is a very lucrative business and one can actually make money from forex trading and can also make a huge loss in forex if not careful. I strongly advise forex beginners to seek help from experts
Never knew that some one could really share this knowledge. It was really helpful and clearly changed my mind set. Thankyou Adam 👍🏻
Thanks Adam for the detailed elaboration.
Great video Adam. Love your honesty and integrity and breaking down the numbers, no one else would talk through their real results.
Thank you Adam, you always give me the motivation to continue.
Right strategy, hard work, patience and discipline play a very big role in becoming a successful trader..thanks for the video
Can i really earn big from forex trading? I have been losing money 😭
@@smithgates7952 sure you will definitely earn big only if you have a good broker and strategy.
How can i start trading on my own?
I’ve been lösing since I started tráding.
The rich stay rich by spending like the poor and investing without stopping then the poor stay poor by spending like the rich yet not investing like the rich
Hey Adam, your explanations are so clear, they set you apart completely. Thanks for what you do here. Please keep it up. We love you.
You are so good men....You are so so so so so good!!!
PLEASE ADAM TALK ABOUT THE U-SHAPE RECOVERY, I SEE NOW CLEARLY
Or W recovery
This is absolutely a "WOWING" video...THanks for wising me up.
Very welcome
Hi Adam, your 100 trades does it consist of all your strategy taught or only one specific strategy?
I’ve been making lösses since I started tráding.
Everyone does. The trick is to not let it discourage you .
Trade only with 0.01 size or 0.02 Size, Trade in demo account and only then start to trade. Keep stop loss based on your risk. If you look at the price will go up and down . You can understand the price movements during different time interval.Don't trade multiple trades same time . This will blow the account. Use EMA ( Moving Average) 3, 5, 9, 21 to understand the price movements in the chart. Use the Currency Strength Meter to select the Right pars. Pairing Currency is like who do you want to fight with ? You want to fight With a person weeker than you.So same is applicable for pairing Currency. The first is you and the second Currency is your opponent. Buy the strongest Currency or sell the weekest Currency. Lookt at the daily, weekly and 4 hrs , 1 hrs , 15 minutes and 1 minute time frame and see the price movement and should enter at the right time .That you should learn from the market opening and see the stock moves. Hope this helps. Don't increase the position size with our consistent. Never tade on high leverage. Stick to Rules and watch the market. Don't still for all day.
Do u have the right strategy which you have backtested profitable in the historical data? If u haven’t done that, consider doing so and see the improvements!
I like this guy... How he really understands what new traders do 😀
You are so right. Human nature not wired up to accept big loss or take small profit. We should accept small loss and wait for bigger gains.
Hey Adam why are you talking just to me? Or it feels like that!😂 I do ALL that mistakes!!!
Fantastic video. thks for the video adam
Nice video on forex trading and Indeed a memorable teaching sir so many people are into greed and so many low strategies when it comes to trading and investing its really recommendable before going into any online trading market please seek Guidance from any trading expert you know off so you won't end up losing money and Energy when trading with poor strategies.
Please sir I need a portfolio manager
Another big thing is just Geopolitics, Company developments, and The press. For example, if a stock is at an uptrend in a failing economy with no new developments, and a negative press reputation ( or even one of these things) there's a good chance the uptrend is coming to a reversal soon.
So its normal to have 5 losing trades in row. I thought maybe I have bad strategy and I end up removing the stop loss and blow the account.
Someone help me,
Which is easier to trade,
Forex or Stocks?
Great video! The psychology of trading is the number one rule I teach and the absolute most important rule. Psychology of trading can make people do crazy things.
But, but "Andrew's Trading Channel" and "academy" has a bell, Lamborghini and Rolex...
Its much better to be rich than to 'look rich'
Doesn't get any realer than this.
thats powerful adam
THIS is the honest TRUTH! Thank you, Adam for explaining it!
Hi Adam, Love your videos, please tell me how much time you spent on trading Stocks? if you can make a video " A day in the life of Adam Khoo" that would be awesome.
Less than 30 mins a day... check out my recent video " A night in the Life of Adam Khoo" ua-cam.com/video/a1z7XMD_QzI/v-deo.html
To find right strategy is easy but to balance psychology is very tough.....
Thanks for this
Excellent video, I have been a student of yours and using multiple strategies consistently and pretty much break even or a few R up in a month. My question is that should I stick to only one strategy and try as sometimes I don’t get “A” level trades from my scanning so I move to another strategy that you have taught. Confused now... thanks
You can have 1-3 strategies that you trade consistently
Thank you Adam .You hit another home run with this video .I am growing stronger mentally ,spiritually, financially and in all other ways every day. You did an outstanding job explaining the emotional intelligence one must accumulate to master or professionally navigate the financial markets. Thank you Thank you Thank you
Thanks for the truths!! Come on the right time for me.
Hello Adam, When I hear your videos about stocks you are much more optimistic about the profit, when you are talking about forex, the profit is much less attactive. why don't you just forget forex? I have also hear people say forex can not earn money , because the volatitly is very small and some market structure issues
hai Adam,may I know your preference trading stocks or forex?
I trade both. check out this video ua-cam.com/video/a1z7XMD_QzI/v-deo.html
@@AdamKhoo ok thanks alot
Hi Adam, what broker (with tight spreads) do you recommend for Forex Trading?
My broker, Pepperstone is also offering my students special group rates where you can enjoy lower commissions. (Note: Not available for Singapore,Hong Kong, US and Canada). You can open an account from this link bit.ly/pepperstone-acc
Amazing info …I was just curious about currency exchange …but I will stick with what I know to make $ ….thx very much for the video it is very educational ….good luck I hope u make lots of $ in the future cuz u have a Chapion mentality .