I appreciate the fact that you manage your risk because that is single handedly the most important thing a trader can do! It was the difference to becoming a profitable trader for myself. Managing your trades and letting winners run and cutting losses will signifigantly improve your win rate! I preach this in my videos! There should be 4 outcomes to every trade. A Huge win, a smaller win, breakeven and a SMALL loss! This will be the key to your trading! Good luck traders!
Solid!!! I wrote those 4 outcomes down and look to use the 1-3 discussed in this video. I have been struggling with letting winners run and cutting losers so this is all going to help!
I love your backtesting videos and your message to us, traders: losses are inevitable, don't let them cloud your judgement, execute your trades with complete confidence and let the numbers game play in your favor. Thanks for all the knowledge you share 🤯🤯🤯!!
This video is acutally the kind of what we need. Avoid those always-win videos out there that mis-leads you to an unrealistic opinion about easy-to-succeed trading career. It is really difficult to have a winrate 80 or 90% like promotions, even impossible, so stay consistent with risk management and stick with RR. Thank sir for sharing your knowledge! Keep it up!
This shows the significance of risk to reward and risk management in trading. Who is to say you won't have a 70/30 win rate in your next say 10 trades. The rough patches are inevitable, and risk management is what keeps you in the game in the long run
Massive respect for not binning this video and sticking with it. A lot of so called YT experts would've recorded it again so the result was higher in their favour. You drilled home how risk management and taking proper R:R setups can still yield great results. £6k in ~2 weeks, £12k a month. I'd take that! Loved your reaction to the gold spike :)
I recommend your channel to all those who want to improve on Forex trading... Just love the way you usually keep it real .. most traders will make us believe losing is a disaster.... But with your teaching it makes it simple...it's all part of the process..win rate is the most important thing... Thanks man... I am encouraged
You're right about RR my GOAT, I'm not yet profitable but I'm a break even trader, I've noticed that I can be down 4-5 trades then have one trade that wipes out all the losses, it just makes you view losses in a different light, like "I know I'll catch a good one and all we be well" it helps a lot. On that 9th trade you had me rolling on the flow with your reaction lol nodding almost boastfully like "who's the man b*sh!" I freaking loved it!
Oh this is the best unplanned trading video I've seen. That moment when you said stuff it all, I'll believe what I believe because I've trusting the process has got me this far. I felt that, also felt that look, couldn't help laughing my Sox off with you 🤣
Very honest teacher. This is the kind of mentor everyone needs, makes you believe that even if you lose, it doesn't make you a bad trader. RR is the holy grail in forex trading.
Good demonstration, thanks for sharing. If i am not mistaken the R values are not constant across trades, which means even though you ended-up with +7R, your pnl might still be -ve.
Gold is so fun to trade... It hurts when it triggers into another session that's all.. But love how you move into the market💯💯 I follow everythibg you do on UA-cam, just don't have funds go for your course..will .stick on Learning here
I'm truly grateful to have came across your channel. I always learn something new! A year ago I was blowing accounts jumping from strategy to strategy! but sense December 2021 I been trading the same account and its slowly growing as I keep trusting the process! Thanks to you 🙏🤝 a single video can change someone future please don't grow tired 🔥
mannn this video is Deep!! this shows us to not get discouraged after losing one, two , three, four even breaking even... keep a good positive regardless of the losses and staying the course is very important !! love love love this .... I can't wait to join the community
How do you compensate lot size if you have a bigger stop and tp to get 3 to 1? Id like to get better at knowing what my estimated loss would be for lot size to SL
Wow!!! This is such an amazing video!!! But i have a few things that are bothering me… 1- why didnt u take short trades-for those big pull backs? 2- the process made too many loses and just tht 7R trade got u out in profit… so my question is… does someone keep just following like u did expecting 4-5R trades and hit so many sl? Wait for 1-2 such trades? Is that the right process?
Hi there, i find this video so helpful by showing us the success and failure entries. So that i can know what is right and wrong. Thank you so much and look forward for more videos like this...
Great video full of educational content... also how you fearlessly execute ur trades is a level i aspire too n will work hard to get there... it’s actually been a hot minute since ive been here pal💯
Can you share with us the pattern formation you said you are very confident about... I’m talking about the pattern make make you adjust your risk to reward ratio to 1:7.
Hey rocks keep on doing what your doing bro I've learned alot from you bro and now I'm profitable as a trader and I'm mentoring other new trader because of you I'm trading 6 months now and I've spent 5+ plus months on your channel thank you very much bro🙏🙏🇯🇲🇯🇲
I remember you saying that you'd move to breakeven once you're running 1% profit. If you were still doing that, some of those trades would have been BE trades instead of -1%
Those are the kind of plays that i do mostly,,, I get in and let the trade play out, so long us it is trending upside and I have placed my stop loss, all I do is to adjust my stop as trade progresses until I hit my target, that means I normally take very few trades in a day, mostly two trades, enter n exit manually; no hot keys and hence low commission.
Please produce more and more realistic backtesting video like this ser. For all the new traders, we really need real trading process video with real reaction, real emotions,... realistic video like this shows us how real trading job works. Always-win videos will kill our faithfulness when you get down on the chart ourself.
Risk Reward is very important as you've emphasized. But you need a huge trading account. If you start with say $200 in your account and a real smaller lot size its still impossible, to trade this way. At 1% stop loss?
that how is look trading but in my opinion You broke Your strategy moving RR in last trade... should we do it to? it depends You have experience and You can play like that but for beginners i will recommended stay in 3:1 this will teach You discipline and the next step will be run profitable trades and cut loses
Hi rockz, I absolutely love your content and I have watches a lot of your videos. I'm interested in your mentorship but I haven't been trading too long. I understand the fundamentals of trading but there is so much info out there on it all that its making it had to put it all together, as a newbie trader is the mentorship for me or is it for more experienced traders? Please help :)
Good video on showing probabilities, but i wonder what the P&L is since you are using varied stop loss amounts.. you could be at +7R but P&L could be flipped in some cases.
@@RockzFX the principle and message is clear thanks. just noting that if we don't understand how P&L fluctuates because of how each stop area can be different, we can be consumed with an incomplete process and not make profit at end of day... I'm sure there is more things to consider.. ie, BE point, profit levels, and continuations. I appreciate the content, you are grand father to many and core of your lessons are golden!
This is an awesome video and great way to practice, can anyone tell me what I can use to simulate trading in these conditions with past results, and for example trade 10 days in 20 minutes ? I appreciate any advice. Thank you
Lovely back testing analysis rockzfx. I noticed you were doing more of breakouts than break and retest strategy. When do we know when to do breakouts or the break and retest strategy?
See how price broke to the downside but did not restest/reject back down? It then breaks quickly to the upside which is where you'd initiate your break-out entry.
Rockz, would it be feasible to short them pull backs as soon as they happen (on lower time frame obviously) to kind of balance your P&L, I have notice after the first impulsive move often pull backs occurs but continues down hitting them stop losses, placing a short sell right after a bearish candle on 1M, 5M time frame would cover the losses what do you think?
Enjoying all the content from this great channel, Sir you replied to my comments on the great video of yesterday but you said I DM but the number was not complete no code or was it these Scammers
I appreciate the fact that you manage your risk because that is single handedly the most important thing a trader can do! It was the difference to becoming a profitable trader for myself. Managing your trades and letting winners run and cutting losses will signifigantly improve your win rate! I preach this in my videos! There should be 4 outcomes to every trade. A Huge win, a smaller win, breakeven and a SMALL loss! This will be the key to your trading! Good luck traders!
Solid!!! I wrote those 4 outcomes down and look to use the 1-3 discussed in this video. I have been struggling with letting winners run and cutting losers so this is all going to help!
Ll
I love your backtesting videos and your message to us, traders: losses are inevitable, don't let them cloud your judgement, execute your trades with complete confidence and let the numbers game play in your favor. Thanks for all the knowledge you share 🤯🤯🤯!!
Well summarised my brother this is literally what this video is meant to highlight!
hello, can u tell me what the platform in this video ? MT5?
@@nicolegarner3069 No, he uses tradingview with replay mode (paid version) for backtesting.
@@blitzkriegfx7946 thanks
This video is acutally the kind of what we need. Avoid those always-win videos out there that mis-leads you to an unrealistic opinion about easy-to-succeed trading career. It is really difficult to have a winrate 80 or 90% like promotions, even impossible, so stay consistent with risk management and stick with RR.
Thank sir for sharing your knowledge! Keep it up!
This is so tuff 💪🏾 that 9th trade had me reacting the same way Rockz did 🤣
🤣🤣🤣
This shows the significance of risk to reward and risk management in trading. Who is to say you won't have a 70/30 win rate in your next say 10 trades. The rough patches are inevitable, and risk management is what keeps you in the game in the long run
Massive respect for not binning this video and sticking with it. A lot of so called YT experts would've recorded it again so the result was higher in their favour. You drilled home how risk management and taking proper R:R setups can still yield great results. £6k in ~2 weeks, £12k a month. I'd take that! Loved your reaction to the gold spike :)
I recommend your channel to all those who want to improve on Forex trading... Just love the way you usually keep it real .. most traders will make us believe losing is a disaster.... But with your teaching it makes it simple...it's all part of the process..win rate is the most important thing... Thanks man... I am encouraged
Winrate is actually not the only important thing. RR seems to be.
You're right about RR my GOAT, I'm not yet profitable but I'm a break even trader, I've noticed that I can be down 4-5 trades then have one trade that wipes out all the losses, it just makes you view losses in a different light, like "I know I'll catch a good one and all we be well" it helps a lot. On that 9th trade you had me rolling on the flow with your reaction lol nodding almost boastfully like "who's the man b*sh!" I freaking loved it!
LOOOL it was an epic session and just like you said losses viewed differently is a game-changer in this business!
Oh this is the best unplanned trading video I've seen. That moment when you said stuff it all, I'll believe what I believe because I've trusting the process has got me this far. I felt that, also felt that look, couldn't help laughing my Sox off with you 🤣
I love how straight forward you're, some gurus would have edited it all out
Very honest teacher. This is the kind of mentor everyone needs, makes you believe that even if you lose, it doesn't make you a bad trader. RR is the holy grail in forex trading.
i like this kind of back testing you are doing, it's such an honest back testing with real emotions, good on you mate !
Good demonstration, thanks for sharing. If i am not mistaken the R values are not constant across trades, which means even though you ended-up with +7R, your pnl might still be -ve.
i do really love how honest u are every trade u take!!!! will definitely watch ur other vids and wait for the updates of urs haha
You deserve the world man. You're a blessing teaching people these things.
Trading, one of the only places a poor man can out-do a rich man
which trading platform you guys use?
becaue in olymp trade and iq options i feel there is some algo which makes you loose
I simply love this channel kkk your way of reading the market is so simple and powerful
I love your first reaction...That was genuine. Love it. 👍
Gold is so fun to trade... It hurts when it triggers into another session that's all.. But love how you move into the market💯💯 I follow everythibg you do on UA-cam, just don't have funds go for your course..will .stick on Learning here
I'm truly grateful to have came across your channel. I always learn something new! A year ago I was blowing accounts jumping from strategy to strategy! but sense December 2021 I been trading the same account and its slowly growing as I keep trusting the process!
Thanks to you 🙏🤝 a single video can change someone future please don't grow tired 🔥
mannn this video is Deep!! this shows us to not get discouraged after losing one, two , three, four even breaking even... keep a good positive regardless of the losses and staying the course is very important !! love love love this .... I can't wait to join the community
I applied your method in my trading support and resistance and 1 indicator. Can you make a video how to do fundamental analysis?
How do you compensate lot size if you have a bigger stop and tp to get 3 to 1? Id like to get better at knowing what my estimated loss would be for lot size to SL
Wow!!! This is such an amazing video!!! But i have a few things that are bothering me…
1- why didnt u take short trades-for those big pull backs?
2- the process made too many loses and just tht 7R trade got u out in profit… so my question is… does someone keep just following like u did expecting 4-5R trades and hit so many sl? Wait for 1-2 such trades? Is that the right process?
I hope he replies
About letting your winners run, what if you had trailed your profits rather? Would it have made a significant difference?
Hi there, i find this video so helpful by showing us the success and failure entries. So that i can know what is right and wrong. Thank you so much and look forward for more videos like this...
Great video full of educational content... also how you fearlessly execute ur trades is a level i aspire too n will work hard to get there... it’s actually been a hot minute since ive been here pal💯
Your reaction before the big red candle was priceless 😂
Good to see testing was realistic cause I had to look back and still look back at my notes with the market like this
Can you share with us the pattern formation you said you are very confident about... I’m talking about the pattern make make you adjust your risk to reward ratio to 1:7.
how do i joing your discord community? Is it only for your paid subscribers?
I personalized this method a little bit and the result was fantastic.
definitely "ballsy" trading under such reactionary conditions.... Great to watch....
Well, anyone can be a hero trading historical charts :)
Hi Brother, Please make a video for equity/cash segment Some people not trade in FX for example Indian market/ Nifty/ BANKNIFTY
Hey rocks keep on doing what your doing bro I've learned alot from you bro and now I'm profitable as a trader and I'm mentoring other new trader because of you I'm trading 6 months now and I've spent 5+ plus months on your channel thank you very much bro🙏🙏🇯🇲🇯🇲
This was stressful as f%*k, what a way to make a living
Trading without Fear is one that I am still getting a hang off. and I appreciate your approach to it on this video
Clear and diligent trader
Risk management is the main thing I need to work on so this video is great! I will actually look to run with a 1 to 3 as you do here.
Thanks so much RockZ you have helped me through a lot❤️
I was really happy with your reaction on the 9th trade and I played it like 5x 😁
I remember you saying that you'd move to breakeven once you're running 1% profit. If you were still doing that, some of those trades would have been BE trades instead of -1%
Loved this video. So practical to apply. Will give this a try
Those are the kind of plays that i do mostly,,, I get in and let the trade play out, so long us it is trending upside and I have placed my stop loss, all I do is to adjust my stop as trade progresses until I hit my target, that means I normally take very few trades in a day, mostly two trades, enter n exit manually; no hot keys and hence low commission.
In real market this is how it goes literally finished studying you 2 days ago
Please produce more and more realistic backtesting video like this ser. For all the new traders, we really need real trading process video with real reaction, real emotions,... realistic video like this shows us how real trading job works. Always-win videos will kill our faithfulness when you get down on the chart ourself.
Risk to reward is the lesson to learn here! Also to keep trading with confidence, after losing like 3 straight he got a major win.
EXECUTE EXECUTE EXECUTE
Risk Reward is very important as you've emphasized. But you need a huge trading account. If you start with say $200 in your account and a real smaller lot size its still impossible, to trade this way. At 1% stop loss?
that how is look trading but in my opinion You broke Your strategy moving RR in last trade... should we do it to? it depends You have experience and You can play like that but for beginners i will recommended stay in 3:1 this will teach You discipline and the next step will be run profitable trades and cut loses
Keeping it real and trusting the process💪💪
Hi rockz, I absolutely love your content and I have watches a lot of your videos. I'm interested in your mentorship but I haven't been trading too long. I understand the fundamentals of trading but there is so much info out there on it all that its making it had to put it all together, as a newbie trader is the mentorship for me or is it for more experienced traders? Please help :)
Good video on showing probabilities, but i wonder what the P&L is since you are using varied stop loss amounts.. you could be at +7R but P&L could be flipped in some cases.
I was hoping you understood the message not the value of the P&L.
@@RockzFX the principle and message is clear thanks. just noting that if we don't understand how P&L fluctuates because of how each stop area can be different, we can be consumed with an incomplete process and not make profit at end of day... I'm sure there is more things to consider.. ie, BE point, profit levels, and continuations.
I appreciate the content, you are grand father to many and core of your lessons are golden!
gold doesnt play by any rules....it doesnt ride like a horse, its a unicorn.
You trade us30?
This is an awesome video and great way to practice, can anyone tell me what I can use to simulate trading in these conditions with past results, and for example trade 10 days in 20 minutes ? I appreciate any advice. Thank you
You have gained a new subscriber🔥This was so educational and very easy to follow.
Bro pls tell me which app or web is this
love for the reaction you gives after you get 7R+
Hi Rockz, was this backtesting entirely on the 15Mins timeframe?
can you try to do 1 of these a week for us. different time frames etc. golden nuggets as always 🙏
The man behind my journey...thnk u rock
You are welcome sis 🙏
Hello Sir, I watch each and every one of your videos and enjoy them a lot and learn a lot from them. I am very grateful to you.
Lovely back testing analysis rockzfx.
I noticed you were doing more of breakouts than break and retest strategy. When do we know when to do breakouts or the break and retest strategy?
See how price broke to the downside but did not restest/reject back down? It then breaks quickly to the upside which is where you'd initiate your break-out entry.
Much respect rockz!. Simplicity is king
Market fluidity
That’s my mentor right there and I’m happy to be part of his academy
LETTTTTTSSS GOOOOOOOO!
16:55 so much Vibin XD
Do this live with real account and let's see the results after minimum 1000 trades. A real forward test.
Rockz, would it be feasible to short them pull backs as soon as they happen (on lower time frame obviously) to kind of balance your P&L, I have notice after the first impulsive move often pull backs occurs but continues down hitting them stop losses, placing a short sell right after a bearish candle on 1M, 5M time frame would cover the losses what do you think?
I don't think about it that deep brother that boils down to your strategy and what works for you. This video was really to just drive home a message.
@@RockzFX thank you bruva
I think that's a great way to look at it, but make sure you back test it first on your preferred pairs
@@StallionT69 I'll give it a go
Your reaction on the first trade had me laughing so hard! WoOof! LOL!
rocks the legend
Someone needs to make that reaction of the 9th trade into a GIF!! 😁
Enjoying all the content from this great channel,
Sir you replied to my comments on the great video of yesterday but you said I
DM but the number was not complete no code or was it these Scammers
Thank you so much for this, you are a such of inspiration for me.
best mentor out there in the world
Thank you 🙏
thanks for helping us
I love this Rockz. It was simply inspiring!!!
Hahahaha first trade was hilarious Bro! It is what it is yeah
The power of risk to reward 💪
Definitely 💪
Your ninth trade reaction can be a meme for sure😂 power of risk reward
LOOOL 😂
Hey😂,. I had just created gif meme.. before read your comment....😂😂... Superb reaction..... Rockz🤪🤪 @rockzfx
@@sachinpatoliya1412 😂 where can I get it?
anyone can analyze the market from the left, even I am a novice trader though
i really love that spike on gold 😂
risk to reward is the ultimate holy grail i guess
Certainly is 🔥
So rockz what gets me confused taking trades at key level even when it's against the trend how do you see that ,
Watch my last UA-cam video brother I explain a few principles you must learn as a trader.
Your reactions are the reason I kept watching😂😂😂😂
The Best Mentor ☝️☝️☝️🇵🇭🇵🇭
Its the laugh for me though... I literally laughed at the face. You are a trader!!!
Had the same look on trade no. 9. 😎
Give me the money baby!!, legend
Great teacher
I love your videos bro! I appreciate you
love this formate pls do this more often mabybe once 1 week`?
this is why i dont trade gold its all over the place
Jajajajaja i will start your strategy bro but it was funny at 17:01. Bless
This man is forex
Just loved it ... 😘😘😘
Thank you
Please do more videos like these
The reaction at 2:45 😂😂😂
Thats absolutely amazing💪🏽❤️