Forex Trading Tips for Success: Dealing with Drawdown & Losing Streaks!
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- Опубліковано 1 лип 2024
- #forex #stocks #trading
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// DISCLAIMERS
This video expresses my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to take are your own.
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Risk Reward is most important.
I made 9 trades in loss and 5 in profit I'm still in 159$ profit. I'm not taking more than 20$ risk. I am watching analysis videos on your channel and getting some ideas to trade. Thanks for sharing this things ❤️
This is good
Because of this channel, i just start to focus more about my RISK (RR) , making my first trading journal (finally), and slowly build consistency through demo acc, with 100$ & 0.01 lot, catch 7% for day 1, still long way to go, but i found this channel help me alot, thanks nick
So true...✌
Thank you man.
So true...✌
Thank you
Pro tip, sometimes its good to close the trade in drawdown as long as you manage risk properly, strong minded trading and holding the trade until it went into little profit is no use in the long run
Hi Nick, I've been trading for 2 years now, coming up at the end of September actually, and I have been profitable since October of 2019. However, right now I am what I would argue is my 'drawdown.' I haven't changed anything, my rules are the same, my management is the same, everything is the same. However since about the second week of June I have just been losing and losing. The first week of June was actually phenomenal and I was up about 7-9% in the first week, which isn't normal. However since then it's just been loser after loser. I broke even in June, was down 1% in July, and now August I will be down about 5-6%. Nothing has changed other than my win rate. My average win-rate over all was 40-50%, however during these last couple months it's been about 33% or less. Just wondering what your advice would be. Thanks so much.
Hey moon bear i am suffering something similar to you, how did it end for you?
Thank Nick
I’ve been trading breaks retests with the trend and used to do pretty decent. Lately I’ve been having loser after loser after loser. Like one win of 30 pips every 7 losers risking 2%
Thank u
thx bro
The worst mistake is to trade fighting with the market... When you take a lose it's wrong to open another trade immediately. Low frequency trading is the key to success.
I agree
True
The audio sounds low
Tell me if you make investment
👌
Why do you have the same picture as mambafx in the background?
ahaha😅
Managing risk is key
So is ya mum
Can a newbie form a trading plan without hiring a guru?
Yes, if you’re willing to put in the time and work to test it and write it all out.
Hey Nick, Can make session on Hedging and so on...
One thing I have learnt from your channel is that always stick to the plan matter what!!!! If though the trade is in my favour and my plan says no trade so NO TRADE!!!!
Hi Nick, how does one access the A1 community?
Whallie Vd Westhuizen a1trading.com/vip
@@TraderNick thanks man.
I have been trading forex a long time now but I have never made so much profit in a short period of time until I met Davidson montiego.
Mr Davidson has been my best experience because with only $500 I make 5k so I'm proud to announce him anywhere!!
Reach out to Davidson
+1 614-665-5743
Telegram @davidtiego
Audio suck dude