Just dont quit guys, this is a long game. It's really difficult, and we will all fail in the beginning however.. One day it will just 'click' and you can really begin the climb to success. That was my experience.
This is one of the simplest comment I have come across. Very real, work hard seek knowledge on what you are doing. That's what Money Circle is all about, empowering trader's to make profit.
It takes many years, late nights, days where you just want to curl into a ball and die, but eventually learning about all this stuff makes you a wiser person as well. You gain a better understand of how society works from reading about markets, products, trade, money, money philosophy, etc. Trade charts alone tell a story about life.
risk management its the most powerful thing i learned win forex, its such a simple thing but a lot fail to learn it,and i like how nick reminds always of that.
I realized after 2/3 years of trading that RISK MANAGEMENT & Psychology/discipline is absolutely necessary in trading YOU WILL NOT BE PROFITABLE, ima say that again you will NOT be profitable without those 3 simple rules & I mean it. Trust me folks listen to him. Study the markets & I mean STUDY like actually study the basics, certain reversal patterns/candles , back test , fundamental, technical … all of that boring shit yes study it all & I mean soak in all the knowledge. Risk 1-3% I know I know it sucks when you got a small account because the profits are small but please I beg you for YOUR sake just do it & continue to deposit money into your account eventually 1-3% will be a decent amount of profit. Couple hundred /thousand bucks. Just do it folks. This takes time it’s a marathon not a sprint & from my experience I say focus on the higher timeframes. Weekly,daily,4hr good luck you’re gonna need it👍🏾🍀
Agree with this 100% the moment I started being profitable was when my emotions where in control in a win/loose situation. It's just about the trade and the move. Money is the outcome not the primary concern.
lol cringe. 100% of that characters big winning trades were done illegal using sabotage, insider information, or other illegal means. Go re-watch the show and you'll notice that. Way to take advice from a fictional character who isn't even legitimately a good trader, he's a good criminal. If you want to take away a lesson from the show, that's probably it.
Thank you Nick for the reality check and the massive lesson on risk management. I am new to day trading, but was a long term investor/swing trader before. I’m glad I came across your channel and content. I’ll revisit this message in a few years and provide an update on how I am doing! Good luck everyone and may we make generational wealth!!
@Johnny 😂😂😂😂 so true man. I opened a real account with 10,000 usd just because of the profit I made in demo thinking I have known it all. I lost everything with time 😢
@Andrew Marias Wow brother. You must be really good at this. Tell me about your experience so far. I’m about to open a broker and MT4, but I guess I need to understand better before venturing.
@andrewmarias1719 hmmm brokers... I've heard about them but didn't know how to go about them. Where did you reach her and how much did you start with??
What clicked for me was when I realized overcomplicating things was part of what was holding me back. I found that the simplest strategies actually worked and you just have to be consistent in the way that you show up every day despite fear telling you "don't trade today" after a losing streak. Trading on demo for a good amount of time is also very key. It's the best way to learn price action. Another thing is to use a trading simulator as you can focus more and you don't have to wait every day for lets say market open. You can trade 50 market opens in a weekend and gain experience that would have took you more than 50 days. Start by focussing on a specific time of day on a specific instrument. This goes hand in hand with not overcomplicating things. Once you get the hang of one it all slots together trust me.
Where do you find a good market simulator? Or what’s the one you used called?? Sounds like a great idea I didn’t even know these existed!!! Thanks for your comments
i totally agree with you about the simulator - believe me, it makes all the difference. demo doesn't compare. i believe demo is good for ideation, the simulator to validate or discard, a small live account to refine psychology and emotional control before taking the plunge. TBH the strategy is the smallest component of successful trading.
I like your eye-to-eye basic conversational style! I'm new at trading and only just beginning to make small consistent wins. It is imperative to understanding YOU ALONE are responsible TO you yourself FOR ALL YOUR DECISIONS and ACTIONS. Being willing to accept the times of FAMINE as well as the times of feasting, is vital. In my country we build houses with bricks. Each brick is individually set in place with a good slop of cement and lined up with the others before the next brick is prepared. That is what I want my mindset to be. Enough bricks settled in concrete will eventually build me a secure house on a good foundation ---I hope! So, for now, I'm in fasting mode. The money must build money..
You are the first forex trader i ever seen that not boast about luxurious life style. I think all traders can relate what you share that i feel trustworthy . :)
I have been seriously gotten into trading for 1,5 years and now I have my own method on trading which is not only profitable but as well as it suits who I am and what I do. It is crazy how you see before not knowing anything and trying to just make money. But now I don't care about money. I care about my plan.
Thank you for being down to earth and genuine. The materialistic stuff that money can buy is not what we're here to learn. NOT flashing what you've been blessed with is classy and builds trust with what you offer to your community. Thank you again!
Trusting Mrs Melissa with handling my investment was one of the best thing I did for myself, you stand to monitor your investment and request payout at any time.
I love this game, love learning it. It has become my passion. And my driving force behind it is to provide a better life for my wife and kids. I love them so much and want to give them the best life possible.
My trading coach taught me that the mkt is a mirror that reflects back everything that is wrong with us and our life! Fixed my life and personal issues over a 3 year period and finally became a FIRE retiree that swing trades & downhill skis all winter. Trading now pays for my heliskiing addiction. Both of these activities provide massive amounts of dopamine via being in the moment and in the zone. Which is great for a hedonist like me.
2:42 Passion and dedication 2:55 I messed up, made stupid mistakes and lost money 3:13 Took me 2 years of constant study and work to become consistently profitable
As a fellow trader who has been in the market for more 1.5yrs, i thank you from the bottom of my heart ...because right now im 10 percent down my capital but slowly reaching my breakeven and videos like these help me see the light at the end of the tunnel.....also to anybody who is reading this i wish you all thw very best on your endeavors...
I can completely relate to your journey. I started learning at 20 years old now I am 22, from a computer science background and finally, I am getting more into the "process" rather than the result. But the only difference is If I am not wrong you use to save money by cutting grass and I don't have that option so I am saving money through some freelancing. Hopefully, I will become a consistently profitable trader.
I remember I used to dread watching Nick ruin my fallacy about trading. Yes fallacy! . Give this journey some time what he's talking about is timeless and fundamental. I will always be grateful Nick. This was not only sobering but awakening. Your advise is truly genuine and I can testify for this.
Would love to hear of some examples where your 'investments' haven't paid off or have fallen through and how you managed it and what you learnt from it. I think that would be really helpful!
As a Forex trader,It's almost inevitable that you're going to experience some ups and downs along the way.Alertness and decisiveness are both fundamental ingredients in the recipe for a sucessful Forex trader
Excellent advice, since I got to understand how trading works better. I follow Mrs Bonita Mollet's rules and this has worked amazing for me. Diversify, dollar or pounds cost averaging investing method, portfolio re-balance every quarter and I've found a mix of managed and index funds has worked out the best for me
Actually i just came across the comments about Mrs.Bonita and i must say she is a genius,i have made huge profits from my investment with her.Her strategies are top notch coupled with the efforts she puts in work to make profits
Thanks for being humble, the forex community is flooded with 'gurus' who sell forex courses and makes it seems super easy when in reality we need to treat it like a business and be disciplined to be profitable or it is just like gambling. Hope you the best!
My journey was rough because I actually jumped right in and I did make money for about half a year and them I had a hard reality check for twice as long. So unfortunately I learned a very hard lesson and it was not easy to come back from.
This is real. No such thing as “fast money” when it comes to trading , you gotta put in the work. I’ve heard a few different people say it takes a year to be profitable. You gotta be willing to put in 1-3 years of consistent work in my opinion to get to mansions and lambo status. People , (including me at first), think it’s quick and they’ll get the hang of it & get a Benz in 5 months... that’s not just the way it works 😆. That’s why we get frustrated , we realize it’s not as quick and easy as the gurus make it seem. Patience if your friend!
We work for 40yrs to have $1M in our retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires power of digital currency.
This is one of the best videos I have watched in my 1 year and 3 months of learning. It explains the harsh reality of trading that most people don’t see or are not up for. Great advice, great video.
No one has a passion for something that they have never done before, or have just barely started doing, Nick. The passion comes after doing it for a long time and doing well at it. People have GOT to stop telling people to do what they are passionate about. This makes people pursue the things they have done before and liked, which is usually stuff one does in k-12 education. Painting, singing, etc. People should do what they have an aptitude for. These things will work out well for them. And then the passion will follow.
Hahaha about ten weeks in (and a few hundred hours of research and studying) of real money trading and after quitting ten times (and naturally losing everything too) this video makes me feel better. I’ve gotta say if I, in the most humble way possible, didn’t think I was smarter than the average person and needed to beat the system (as well as secure freedom) I would’ve left a while ago though.
Luxury items bring about emotion to the viewer, masked as "motivation" and practical steps bring about progress. One cant have emotion and progress at the same time, if you have emotion, you cant progress and if you are progressive you don't have time for emotion. So one needs to ask that question, I love your approach to trading, i want to learn trading and become really great at it, something tells me I've come to the right place.
The real inspiration for myself is hearing the real stories with all the ups and downs! The process is real and it is what We should look forward to. The failures mould us into the people we want to become.
sports cars and Lamborghini's is matter of liking and having an inclination to those kind of things. i think what most people want to know is: could you afford one if you liked them? "well i could get one if I wanted one" is pretty cool too on its own level - anyways great insights in your videos!
I love trading too, been practicing for 3 months, burnt 4 demo accounts, but last week improving, but to be honest, my motivation is survival man , I live in Venezuela , our minimum wage is only $ 2 a month
I’m 16 and my motivation is that when my friends are 30 graduating from becoming doctors I’m doing whatever the fuck I want with my money and already retired.
You have to do both. There is no guarantee you will succeed in this, this is a very risky venture. Have some decent job, put away some money to learn and trade, if your trade earns more than your job, then you leave your job. Not the other way around
I’m just over a year in and just listening to your story. Iv subscribed off what iv heard 10 minutes in. Looking at where I am and where I want to be you have given some quality advice here to new traders.
25 year trading veteran, profitable 15 years now. I own a 3 million beach house, trade in my tshirt bathing trucks and ride a bike.. my best trading day is 200k, my worse is 90k.. I take risks when the time comes and I might go a week without trading. Trading is like playing the guitar.. you first need to know your 200 chords, 100s of scales, rhythm strumming, different genres thousands of repetitions etc. once you master it than it’s all muscle memory, you just focus on playing…same as Trading Just remember, most of the Pros and Hedge Funds make most of their money on newly retail traders blowing their accounts. I don’t ever plan on teaching my methods and process. I know it’s just a matter of time before my edge is discovered and than I’ll just retire
Forex trading seems to be very difficult, I have studied and make good analysis on the market, I've also used trading bots and yet I still make loses, it's really frustrating but I'm going to keep my head up on it cos I see a lot of people winning from the forex market
Well said, but there are experts who dedicate their time and resources and studied this different strategies and mastered them, this are people we should go for trading advice.
Thank you for your speech and motivation! I am 38 and I have just started trading very small account. Hopefully will update you a year or two from now on how I did.
2-5 years is about right, took me 4. I feel sorry for the newbies that think it’s going to happen fast, it never does. Sure you can gamble and hit it big on a trade or two but to be in the game long term you really do have to treat it like a business. Nice video.
@@zeen7899 that’s a long conversation. But to sum it up, learn about the psychology of trading, that’s 95% of the game. And learn money management. If you don’t know these two aspects you will NEVER EVER EVER win at this game. And lastly large time frames. I trade the daily and 4hr timeframe, period. Anything less is noise. Just my opinion
Yea bro im 3 months in and learning price action and market structure with no indicators.. ppl became profitable in 6-12 months everybody different you can’t compare your journey to others thinking because it took YOU that long it will take everyone else the same bro…. Jus saying everybody has a different journey .. how determined are you? How much time do you have per day to study?Are you learning winning strategies? Are you learning from someone who IS profitable? Etc
Awesome video man! I've been trading for 4 years. That last stage is so tricky haha. Mastery of emotion!! Huge. I'm a mentor as well .swing trading. I'm excited for the people watching this
Super inspired by you, Nick. I'm 17 years old and I started learning about forex and technical analysis about 3 months ago. I know I have a long journey ahead of me; but watching your videos has reinforced the confidence I have in my own persistence and passion for trading. I know that one day I can become consistent and profitable trader just like you , but only if I continue to work as hard as I possibly can. I appreciate your content so much and I can't wait to continue learning from you.
I needed this video please keep posting on how to accelerate our journey to become a successful full time trader and yes not just for the money but also to shorten the learning curve which is the most important than the end result.
Guys dont get discouraged this is not hard just learn how to trade and find the the support and resistance in the weekly time frame and go down to the 4 hour and 1hour time frame to find chart parterns price usually bounce frome this places all the time its basically price goes down and up and when the price go up or down they pull back to hire highs or lower lows thats where you get in your entries usually they double test the price and then they move on to the original trend thats what they call doubble bottom its that simple they just trying to make this sound complex but its simple just work our a good management plan use ATR for stop loss and take profits by 2 or 3 according to previous levels and you will be fine....
Thanks to ur realistic view about trader, improve first the skill , risk management, discipline, consistency,,,then money will follow,,,im almost 6 month now playing,,,,thru demo acct...good day!
Recently Started trading offshore and got referred to Ryan, haven’t earned much yet but with what i have earned through him i acknowledged a lot, trading with Ryan is definitely the right choice to make
Thanks for posting this video just when I needed something like this the most. Recently started to get discouraged due to a decline in trading performance and started to lose confidence. This video is like a wake up call, reminding me that I still have a long way to go as a trader. Once again, thanks!
In my case, I've been making mistakes for 3yrs 2 mo and counting doing Forex. But my worse loss wasn't even in Forex. It was in a period of about 2 years prior to Forex making stupid mistakes with stocks. Now I have peanuts left BUT, I keep trying! I'm also an entrepreneur at heart and thanks to the Chincomns I guess, at least now I've got a little bit of Freedom while working from home...still enslaved to someone else though. Unlike you, I don't have the luxury of time (let's say I could be your dad!) and the fact that I'm going through what I just described means I wasn't even close to having your mindset when I was your age. However, I keep trying! I like your honesty, transparency and simplicity. I hate the pomposity ego filled hype of folks out there like the ones that show up in the commercials while I'm watching your videos (thank God for that Skip button!}. Thanks a lot for your insights and keep it up buddy!
I've watched this video over 20 times and I can relate more and more The deeper I get into this trading rabbit hole. I am currently doing my Masters in Virology and wow I couldn't be even more disinterested. All my mind can think of is thE markets and risk on risk off sentiment 😂 Lord pray for those that caught the bug.
Backtesting is SUPER important and will drastically help your performance. Using a practice account until you’ve achieved 3+ months of profitable trading will save you thousands. Wishing all you guys best of luck 👌
Join our FREE Discord!
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No no I'm not joining
Just dont quit guys, this is a long game. It's really difficult, and we will all fail in the beginning however.. One day it will just 'click' and you can really begin the climb to success. That was my experience.
Nice bro how long did it take you?
thanks. this is very uplifting.
Thanks! You really encourage me because somethimes.....
Andyrfa 😂😂wooooow.. rich is probably just money to you?. The man is successful, that’s rich.
This is one of the simplest comment I have come across. Very real, work hard seek knowledge on what you are doing. That's what Money Circle is all about, empowering trader's to make profit.
It takes many years, late nights, days where you just want to curl into a ball and die, but eventually learning about all this stuff makes you a wiser person as well. You gain a better understand of how society works from reading about markets, products, trade, money, money philosophy, etc. Trade charts alone tell a story about life.
Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
W••H••@••T••S••A••P••P
+ 19197928920...
yeah
the curl into a ball and die is so on point!
Not if ur enjoying the process
@@ogiegall me right now
It's all about consistency, I Think the real difference is when you learn to become immune, responsible and accountable for your losses
risk management its the most powerful thing i learned win forex, its such a simple thing but a lot fail to learn it,and i like how nick reminds always of that.
Thanks for the feedback _for more guidance____&&&&&&&
+1...(8••4••7••7••5••6••1••5••6•4)
W.h.a.t.s.a.p.p.... me:-__
my motivation is freedom...
power
Freedom is everything
thats my passion to suceed
It takes time but it's worh it.
Freedom is money, if you don't have it you suck. That's why we're Trading with a group that gives us the chance to be free.
I realized after 2/3 years of trading that RISK MANAGEMENT & Psychology/discipline is absolutely necessary in trading YOU WILL NOT BE PROFITABLE, ima say that again you will NOT be profitable without those 3 simple rules & I mean it. Trust me folks listen to him. Study the markets & I mean STUDY like actually study the basics, certain reversal patterns/candles , back test , fundamental, technical … all of that boring shit yes study it all & I mean soak in all the knowledge. Risk 1-3% I know I know it sucks when you got a small account because the profits are small but please I beg you for YOUR sake just do it & continue to deposit money into your account eventually 1-3% will be a decent amount of profit. Couple hundred /thousand bucks. Just do it folks. This takes time it’s a marathon not a sprint & from my experience I say focus on the higher timeframes. Weekly,daily,4hr good luck you’re gonna need it👍🏾🍀
"A good trader feels nothing when they lose. A great trader feels nothing when they win." -Bobby Axelrod
This is the truth. I’m not even phased on winners or losers. You HAVE to become a great loser
Agree with this 100% the moment I started being profitable was when my emotions where in control in a win/loose situation. It's just about the trade and the move. Money is the outcome not the primary concern.
lol cringe. 100% of that characters big winning trades were done illegal using sabotage, insider information, or other illegal means. Go re-watch the show and you'll notice that. Way to take advice from a fictional character who isn't even legitimately a good trader, he's a good criminal. If you want to take away a lesson from the show, that's probably it.
@@investor.z So? It's still a great quote. So is, "It's 90% half mental." and that one doesn't even make sense!
Wow yeah I agree with this %1,000
hey Nick..you are just 23, believe me, you have a maturity and understanding of a 50 year old...thanks for sharing pal
Thanks for the kind words Gothan :)
Thank you Nick for the reality check and the massive lesson on risk management. I am new to day trading, but was a long term investor/swing trader before. I’m glad I came across your channel and content.
I’ll revisit this message in a few years and provide an update on how I am doing!
Good luck everyone and may we make generational wealth!!
@Johnny 😂😂😂😂 so true man. I opened a real account with 10,000 usd just because of the profit I made in demo thinking I have known it all. I lost everything with time 😢
@Andrew Marias Wow brother. You must be really good at this. Tell me about your experience so far. I’m about to open a broker and MT4, but I guess I need to understand better before venturing.
@andrewmarias1719 hmmm brokers... I've heard about them but didn't know how to go about them. Where did you reach her and how much did you start with??
@andrewmarias1719 okay thanks for sharing...
@andrewmarias1719Scam alert
What clicked for me was when I realized overcomplicating things was part of what was holding me back. I found that the simplest strategies actually worked and you just have to be consistent in the way that you show up every day despite fear telling you "don't trade today" after a losing streak. Trading on demo for a good amount of time is also very key. It's the best way to learn price action. Another thing is to use a trading simulator as you can focus more and you don't have to wait every day for lets say market open. You can trade 50 market opens in a weekend and gain experience that would have took you more than 50 days. Start by focussing on a specific time of day on a specific instrument. This goes hand in hand with not overcomplicating things. Once you get the hang of one it all slots together trust me.
That's a great advice my man🙏
@@ankitshaw3434 Thanks appreciate it. Hope it helps.
Where do you find a good market simulator? Or what’s the one you used called?? Sounds like a great idea I didn’t even know these existed!!! Thanks for your comments
i totally agree with you about the simulator - believe me, it makes all the difference. demo doesn't compare. i believe demo is good for ideation, the simulator to validate or discard, a small live account to refine psychology and emotional control before taking the plunge. TBH the strategy is the smallest component of successful trading.
The most beautifully put video about trading I've seen.
Would you be interested in collaborating on a potential algorithmic trading series?
I like your eye-to-eye basic conversational style! I'm new at trading and only just beginning to make small consistent wins.
It is imperative to understanding YOU ALONE are responsible TO you yourself FOR ALL YOUR DECISIONS and ACTIONS. Being willing to accept the times of FAMINE as well as the times of feasting, is vital.
In my country we build houses with bricks. Each brick is individually set in place with a good slop of cement and lined up with the others before the next brick is prepared. That is what I want my mindset to be. Enough bricks settled in concrete will eventually build me a secure house on a good foundation ---I hope!
So, for now, I'm in fasting mode. The money must build money..
My inspiration is my wife and i want a better life for her.
Keep working man everything will come soon🙏🏽
Me too man
Bler Podrimaj Lool chill 🤣
I feel u bro
i love that concept man
You are the first forex trader i ever seen that not boast about luxurious life style. I think all traders can relate what you share that i feel trustworthy . :)
I want to see myself with a lifestyle of freedom and having my kids the life that I want for them
I feel that. Hopefully you can achieve that
Same here
yes.i feel it in dream
Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
W••H••@••T••S••A••P••P
+ 19197928920..
That’s what motivate me the most
I have been seriously gotten into trading for 1,5 years and now I have my own method on trading which is not only profitable but as well as it suits who I am and what I do. It is crazy how you see before not knowing anything and trying to just make money. But now I don't care about money. I care about my plan.
Can u tell about it ?
Can you help me i will pay you ?
Gimme your fucking plan right now. NOW.
@@vikrantsingh47 how can I get hold of you so I can give you a plan
@@MrParichay1 how can I get hold of you so that I can help you
Thank you for being down to earth and genuine. The materialistic stuff that money can buy is not what we're here to learn. NOT flashing what you've been blessed with is classy and builds trust with what you offer to your community. Thank you again!
Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..
Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can
Cryptocurrency,forex is a big chance to make money nowadays, if you can't see that at this point is time you learn more about it
Trusting Mrs Melissa with handling my investment was one of the best thing I did for myself, you stand to monitor your investment and request payout at any time.
Trading with Mrs Melissa forex has been magical, credible and profitable to me and am looking forward to another successful month with her again🔥🔥
I think am blessed because if not I wouldn't have met someone who is as spectacular as Mrs Melissa
@Kingromi Bisof Wow, I'm surprised someone just mentioned expert mrs melissa
I love this game, love learning it. It has become my passion. And my driving force behind it is to provide a better life for my wife and kids. I love them so much and want to give them the best life possible.
Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..
I like the way he talks. For non-native in English, his way is clearly understandable. We can learn a lot from you.
had u been an A student, you probably would be working at a 9 to 5 job somewhere. you should be glad that you were a B/C student.
Wise words...
@@MegaMalik90 totally agree. A students aren't A students cos they know about books more. They just have that will and ability to dominate
Andyrfa I’m fucking terrified of “jumbers”
@@MegaMalik90 since when has trading been a competition. nobody crushes anybody in this industry
Online trading..is only viable because it is fast..and offers leverage..you don't compete with anyone in forex but yourself..
My trading coach taught me that the mkt is a mirror that reflects back everything that is wrong with us and our life! Fixed my life and personal issues over a 3 year period and finally became a FIRE retiree that swing trades & downhill skis all winter. Trading now pays for my heliskiing addiction. Both of these activities provide massive amounts of dopamine via being in the moment and in the zone. Which is great for a hedonist like me.
2:42 Passion and dedication
2:55 I messed up, made stupid mistakes and lost money
3:13 Took me 2 years of constant study and work to become consistently profitable
As a fellow trader who has been in the market for more 1.5yrs, i thank you from the bottom of my heart ...because right now im 10 percent down my capital but slowly reaching my breakeven and videos like these help me see the light at the end of the tunnel.....also to anybody who is reading this i wish you all thw very best on your endeavors...
Are you in the C.C. Group....?
Your 100% correct about the glamour portrayal being unrealistic. It's misleading advertisement.
I can completely relate to your journey. I started learning at 20 years old now I am 22, from a computer science background and finally, I am getting more into the "process" rather than the result. But the only difference is If I am not wrong you use to save money by cutting grass and I don't have that option so I am saving money through some freelancing. Hopefully, I will become a consistently profitable trader.
Thanks for the feedback _for more guidance____&&&&&&&
+1...(8••4••7••7••5••6••1••5••6•4)
W.h.a.t.s.a.p.p.... me:-__
Update?
Did it work?
Gonna share this man.....you are the real deal
Thats so true i dont pay attention to the hype am just taking my time to learn
just dont give up
Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
W••H••@••T••S••A••P••P
+ 19197928920.
Someone once told me to follow the chart not my heart. And this changed my trading performance. Great video btw nick 👏
I remember I used to dread watching Nick ruin my fallacy about trading. Yes fallacy! . Give this journey some time what he's talking about is timeless and fundamental. I will always be grateful Nick. This was not only sobering but awakening. Your advise is truly genuine and I can testify for this.
We need more honest ppl like you
Would love to hear of some examples where your 'investments' haven't paid off or have fallen through and how you managed it and what you learnt from it. I think that would be really helpful!
As a Forex trader,It's almost inevitable that you're going to experience some ups and downs along the way.Alertness and decisiveness are both fundamental ingredients in the recipe for a sucessful Forex trader
Excellent advice, since I got to understand how trading works better. I follow Mrs Bonita Mollet's rules and this has worked amazing for me. Diversify, dollar or pounds cost averaging investing method, portfolio re-balance every quarter and I've found a mix of managed and index funds has worked out the best for me
Actually i just came across the comments about Mrs.Bonita and i must say she is a genius,i have made huge profits from my investment with her.Her strategies are top notch coupled with the efforts she puts in work to make profits
Yes thats true,You can only appreciate a person who tries to teach everyone how to invest and make profit on multiple ways
Please can you tell me more about Forex cos i'm really intrested in investing
Thank you for sharing 🤓 it took me over an year to find my trading style and simplify it, now i see charts in a new light compared to back then.
Thanks for being humble, the forex community is flooded with 'gurus' who sell forex courses and makes it seems super easy when in reality we need to treat it like a business and be disciplined to be profitable or it is just like gambling. Hope you the best!
nick is a honest man.... you will go far god willing
My journey was rough because I actually jumped right in and I did make money for about half a year and them I had a hard reality check for twice as long. So unfortunately I learned a very hard lesson and it was not easy to come back from.
What mistakes did you make?
"Trading in the zone" must read~
This is literally the best trading video I've seen on UA-cam. Exactly what I was looking for today...thanks a lot.
This was like a breath of fresh air. Thank you
This is real. No such thing as “fast money” when it comes to trading , you gotta put in the work. I’ve heard a few different people say it takes a year to be profitable. You gotta be willing to put in 1-3 years of consistent work in my opinion to get to mansions and lambo status. People , (including me at first), think it’s quick and they’ll get the hang of it & get a Benz in 5 months... that’s not just the way it works 😆. That’s why we get frustrated , we realize it’s not as quick and easy as the gurus make it seem. Patience if your friend!
I think all the flashiness is nonsense and a turnoff! Thanks for being humble and real!
Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..
What got me wanting to learn trading is the freedom to trade anywhere in the world. Traditional business and real estate cannot do that.
You sir are very wise and practical and I root for you because of the way you think.
I have been trading for about three months now, and I am enjoying it so much.
Passion never fails🔥🔥🔥
Profitable?
Thanks Nick....Great rational substance 💯
Never commented before, just wanted to tell you THANK YOU!
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Finally, an approach to what Trading is, which is Sensato and Common Sense
We work for 40yrs to have $1M in our retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires power of digital currency.
Appreciate this video..This exactly what I need as a start-up
Never knew trade could be so challenging.
Who else think this trade is kinda easy but is way to nervous to start.
@@nouelruel9963 if you know there is one of this changes in trade gain's is not always assured
Growing in trade requires time and Patience.
This is one of the best videos I have watched in my 1 year and 3 months of learning. It explains the harsh reality of trading that most people don’t see or are not up for. Great advice, great video.
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2 years later now? How is it going?
@@user-ct7ho5de3r awesome. Way more profitable than when i commented this. Thanks for asking!
@@TheEveen77 Thats great to hear man :)
@@user-ct7ho5de3r yes! If you need any help or tips let me know. I love helping people out.
When he said that the market is a constantly humbling place. I felt that.
And at the 6 minuts and 20 second he finally gets to the point..wow!!
No one has a passion for something that they have never done before, or have just barely started doing, Nick. The passion comes after doing it for a long time and doing well at it. People have GOT to stop telling people to do what they are passionate about. This makes people pursue the things they have done before and liked, which is usually stuff one does in k-12 education. Painting, singing, etc. People should do what they have an aptitude for. These things will work out well for them. And then the passion will follow.
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Absolutely agree!
Im gonna download this and listen to it over and over again..😁..Thanks Nick
Hahaha about ten weeks in (and a few hundred hours of research and studying) of real money trading and after quitting ten times (and naturally losing everything too) this video makes me feel better. I’ve gotta say if I, in the most humble way possible, didn’t think I was smarter than the average person and needed to beat the system (as well as secure freedom) I would’ve left a while ago though.
Great video! I agree! We need
1. The correct mindset (probabilities)
2. Know your edge
Risk analysis should be always on Top. Next part is Hedging practices which can actually let you feel the market not just trade
I m of 27 and love to see your knowledge at 23
Lots of love from India brother
Luxury items bring about emotion to the viewer, masked as "motivation" and practical steps bring about progress. One cant have emotion and progress at the same time, if you have emotion, you cant progress and if you are progressive you don't have time for emotion. So one needs to ask that question, I love your approach to trading, i want to learn trading and become really great at it, something tells me I've come to the right place.
In forex, what you need is not high profit but right process
The real inspiration for myself is hearing the real stories with all the ups and downs! The process is real and it is what We should look forward to. The failures mould us into the people we want to become.
Hiw did u staerted ?which book followed?from where did u learn
Finally!! Someone who aint tryna sell a pipe dream!😩
Sir! You got you a subscriber!
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I finally truly understand the concepts in this video and its so satisfying
I liked every bit of the content.
You have done it very fast, in two years. It took me 5 times longer to find my consistency.
sports cars and Lamborghini's is matter of liking and having an inclination to those kind of things. i think what most people want to know is: could you afford one if you liked them?
"well i could get one if I wanted one" is pretty cool too on its own level - anyways great insights in your videos!
I love trading too, been practicing for 3 months, burnt 4 demo accounts, but last week improving, but to be honest, my motivation is survival man , I live in Venezuela , our minimum wage is only $ 2 a month
Wow
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The presentation really motivated me! Thank you
I’m 16 and my motivation is that when my friends are 30 graduating from becoming doctors I’m doing whatever the fuck I want with my money and already retired.
You still need to attend school
yes haha my goal too
lol, dont be so narrow minded, you can actually do both
You have to do both. There is no guarantee you will succeed in this, this is a very risky venture. Have some decent job, put away some money to learn and trade, if your trade earns more than your job, then you leave your job. Not the other way around
By 30 you should not care about your friends at all and have your own set of friends who does as well as you
Nick u r absolutely right about lambirghini n the hype up... to me it is more important to be a successful trader... consistently profitable.
I’m just over a year in and just listening to your story.
Iv subscribed off what iv heard 10 minutes in.
Looking at where I am and where I want to be you have given some quality advice here to new traders.
25 year trading veteran, profitable 15 years now. I own a 3 million beach house, trade in my tshirt bathing trucks and ride a bike.. my best trading day is 200k, my worse is 90k.. I take risks when the time comes and I might go a week without trading.
Trading is like playing the guitar.. you first need to know your 200 chords, 100s of scales, rhythm strumming, different genres thousands of repetitions etc. once you master it than it’s all muscle memory, you just focus on playing…same as Trading
Just remember, most of the Pros and Hedge Funds make most of their money on newly retail traders blowing their accounts.
I don’t ever plan on teaching my methods and process. I know it’s just a matter of time before my edge is discovered and than I’ll just retire
Forex trading seems to be very difficult, I have studied and make good analysis on the market, I've also used trading bots and yet I still make loses, it's really frustrating but I'm going to keep my head up on it cos I see a lot of people winning from the forex market
Experience and a good amount of capital is required basically, to win and make profit and most cases guidance from a professional broker.
@@matthewlincoln7082 Well you are right but still I've a bitter sweet experience with this ''PROs'',
Well said, but there are experts who dedicate their time and resources and studied this different strategies and mastered them, this are people we should go for trading advice.
@@matthewlincoln7082 If you put it that way, it sorts of make sense
I totally agree with you on this, I have been trading for a year now.
The true motivation is your consistency and your strategy (winner) and the risk management in this game the lambur is just a simple reward to enjoy
Thank you for your speech and motivation! I am 38 and I have just started trading very small account. Hopefully will update you a year or two from now on how I did.
So how you doing now?
Where you at ?
This is INVALUABLE information....hours on the charts, hours😎
Im obsessed right now...wish me luck
2-5 years is about right, took me 4. I feel sorry for the newbies that think it’s going to happen fast, it never does. Sure you can gamble and hit it big on a trade or two but to be in the game long term you really do have to treat it like a business. Nice video.
What took u 4 years
@@zeen7899 to become consistently profitable.
@@christopherwalker4256 cool, what was the secret ?
@@zeen7899 that’s a long conversation. But to sum it up, learn about the psychology of trading, that’s 95% of the game. And learn money management. If you don’t know these two aspects you will NEVER EVER EVER win at this game. And lastly large time frames. I trade the daily and 4hr timeframe, period. Anything less is noise. Just my opinion
Yea bro im 3 months in and learning price action and market structure with no indicators.. ppl became profitable in 6-12 months everybody different you can’t compare your journey to others thinking because it took YOU that long it will take everyone else the same bro…. Jus saying everybody has a different journey .. how determined are you? How much time do you have per day to study?Are you learning winning strategies? Are you learning from someone who IS profitable? Etc
Very transparent, thank you ❤
Awesome video man! I've been trading for 4 years. That last stage is so tricky haha. Mastery of emotion!! Huge. I'm a mentor as well .swing trading. I'm excited for the people watching this
First video I watched on your channel so far. Thank you. This helps and I can relate. Hopefully get there.
Super inspired by you, Nick. I'm 17 years old and I started learning about forex and technical analysis about 3 months ago. I know I have a long journey ahead of me; but watching your videos has reinforced the confidence I have in my own persistence and passion for trading. I know that one day I can become consistent and profitable trader just like you , but only if I continue to work as hard as I possibly can. I appreciate your content so much and I can't wait to continue learning from you.
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How's it going buddy?
You cooking big bro??
Very thought provoking one..every new trader can relate to it...thanks
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I really respect you for this video. I appreciate your genuineness. Thanks, Nick
I appreciate that!
my guys gone from Mormon in the old vidos to Rockstar in the new ones. congrats on the success 😎🙌
I needed this video please keep posting on how to accelerate our journey to become a successful full time trader and yes not just for the money but also to shorten the learning curve which is the most important than the end result.
Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..
If you want to learn to trade profitable I know a trading group that have mentors
Guys dont get discouraged this is not hard just learn how to trade and find the the support and resistance in the weekly time frame and go down to the 4 hour and 1hour time frame to find chart parterns price usually bounce frome this places all the time its basically price goes down and up and when the price go up or down they pull back to hire highs or lower lows thats where you get in your entries usually they double test the price and then they move on to the original trend thats what they call doubble bottom its that simple they just trying to make this sound complex but its simple just work our a good management plan use ATR for stop loss and take profits by 2 or 3 according to previous levels and you will be fine....
this intro has got to be the nicest way of shaming the fake forex gurus! haha
lol check Always Marco’s video on this
Awesome video Nick! Thanks for sharing your journey...
All the “stuff” is hype! It breaks your focus and makes you chase the market.
Thanks to ur realistic view about trader, improve first the skill , risk management, discipline, consistency,,,then money will follow,,,im almost 6 month now playing,,,,thru demo acct...good day!
Recently Started trading offshore and got referred to Ryan, haven’t earned much yet but with what i have earned through him i acknowledged a lot, trading with Ryan is definitely the right choice to make
*What'sapp✙14076031571*
Speaking of forex trading, it’s the best business in the world right now
I know a couple of friends who make a whole lot of money trading in the financial market.
For real forex trading is a life changing business, Ryan changed my life, after my training classes with him
I thought of investing in forex last year and I’m ready but I’ll need a professional guide and assistance
I love your humility. Looking forward to learning a lot from you.
I too learnt trading is about managing risks. There is a guy who aid that if you are not sleeping well at night, then your positions are too big
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im that guy 😂 pours dripping from one pip move 🤣🤣
@@archiesadventures1 That made me laugh. Thanks
Well said.
Truth is less encouraging but it gave us the correct mentality for this business.
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Thanks for posting this video just when I needed something like this the most. Recently started to get discouraged due to a decline in trading performance and started to lose confidence. This video is like a wake up call, reminding me that I still have a long way to go as a trader. Once again, thanks!
ME TOO!!
In my case, I've been making mistakes for 3yrs 2 mo and counting doing Forex. But my worse loss wasn't even in Forex. It was in a period of about 2 years prior to Forex making stupid mistakes with stocks. Now I have peanuts left BUT, I keep trying! I'm also an entrepreneur at heart and thanks to the Chincomns I guess, at least now I've got a little bit of Freedom while working from home...still enslaved to someone else though. Unlike you, I don't have the luxury of time (let's say I could be your dad!) and the fact that I'm going through what I just described means I wasn't even close to having your mindset when I was your age. However, I keep trying! I like your honesty, transparency and simplicity. I hate the pomposity ego filled hype of folks out there like the ones that show up in the commercials while I'm watching your videos (thank God for that Skip button!}. Thanks a lot for your insights and keep it up buddy!
I've watched this video over 20 times and I can relate more and more The deeper I get into this trading rabbit hole. I am currently doing my Masters in Virology and wow I couldn't be even more disinterested. All my mind can think of is thE markets and risk on risk off sentiment 😂 Lord pray for those that caught the bug.
Thanks dude! Showing us the reality of trading
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Backtesting is SUPER important and will drastically help your performance. Using a practice account until you’ve achieved 3+ months of profitable trading will save you thousands. Wishing all you guys best of luck 👌
love finding old videos mate see the progress