i go all in all the time. it's a Vegas mindset but i have to see the right things and be really confident about it. as in i think my odds of being wrong are dim at best. to do that for a news event that has not happened yet. This is not gambling. It's shear stupidity. You could be 100% and still get wiped out by an unexpected early swing the wrong way. I have lost $ that way. I do not trade news until about an hour after it hits and the market has time to react. oh ya. that first impulse can go right ahead and happen. because i don't want anything to do with it for at least the first 15 minutes when it is literally anything goes. I have seen whip saws that wipe out bulls and bears that got in early. the only people left in are the big players. Ya just don't trade news until the market calms down a little. you will still get a nice win out of it. and it will be 100X safer.
@@exytheboy5416 i blew one account or almost did in the beginning. most profitable traders have. i've learned every lesson the hard way. losing money. news i won't trade. not immediately. i don't need the coin flip risk of maybe making or losing 100 pips. why would i want to take the risk when i can wait 30 minutes or so and pick up 30 to 40 pips safely off the first retracement? just putting it in perspective. the first move is not worth the risk involved. not with news items. too much manipulation going on.
The reason for his equity 20 and his balance 16 is because he was given a 4800 $ bonus on that deposit which actually allowed him to open higher lot positions. I lost one of my past initial deposits in 2 days because of this. As i believe I'll be able to trade the bonus later while understanding that it only allows to open a higher lot, yet it deducts from the balance i.e. fast way to blow account
I trade a 6 figure account and would not even be close to 30 lots at best 3 and should never second the news , better to trade the aftermath. Total madness and pure gambling never going to end well
Yeah he made all that money in 15 minutes, but down the road, he lost it all. His channel has been silent after that video(4 years now), if he was making more, he'd be bragging about it on UA-cam. Kids, don't trade like this or you'll be in line for soup faster than you know it.
No it's not. It's a glitch in the MT4 app and you need to close it and re-open it again in order to display the correct number, and I'm absolutely positive, 100% sure!
i took that 2k already why would i hold? what is this dudes priority to not take 2k? its weird to see traders always go for the highest profit while if i make 250$ in a day is good enough to me...
Hey nick. Just giving a heads up that mt4 is completely gone off the App Store nor will return unfortunately. For those who didn’t delete it will be fine however. Tradingview might disappear too soon unless we use a vpn in Russia as most these applications are Russian based
@@SKULL_REA The application was always accessible because of the source codes. With decent programming skill, it can easily be obtained and preserved again. You can either transfer the data over using iCloud or backup storage. I preferred downloading it online instead of the App Store and I'm not talking about these phishing websites. I mean actually brute forcing the platform onto your device by transferring the information with unauthorized apps given approval for illegal installation. We've been doing it for awhile now
I don't get why people hold thier position with that kind of lot size ounce they're already up 5k... I would have been all over that close button lol CRAZY! Watching it break the neckline and STILL it didn't continue down...
Hi Nick I love your videos they are very much helpful and much appreciated. I did try this on my demo account and guess what I blow the account, so I wont ever do this and I cannot try it I'm in my real account I won't for real, think to do lotto thing, I'mean gambling, yoh this is gambling! You are absolutely correct
I love what you do bro ...this shit trader are tempting people with there shit ...mostly here in south Africa most painful is some of beginner trader don't understand....there only look at the money
THESE DUDE CAN RUN THERE OWN SERVERS AND MAKE LEGIT LOOKING ACCOUNTS AND LEGIT LOOKING BROKERS TO FAKE TRADES ON ALLL FROM MT4 PC WITH SOME SCRIPTS BE CAREFUL WAT U FALL FOR
I don’t even have the courage to do this on a DEMO account lol
Right lmfaoooo
And you shouldn’t have it haha, trading the day of and right before it releases, you are asking to blow your account when the news drop
i go all in all the time.
it's a Vegas mindset
but i have to see the right things and be really confident about it. as in i think my odds of being wrong are dim at best.
to do that for a news event that has not happened yet.
This is not gambling. It's shear stupidity. You could be 100% and still get wiped out by an unexpected early swing the wrong way. I have lost $ that way. I do not trade news until about an hour after it hits and the market has time to react. oh ya. that first impulse can go right ahead and happen. because i don't want anything to do with it for at least the first 15 minutes when it is literally anything goes. I have seen whip saws that wipe out bulls and bears that got in early. the only people left in are the big players. Ya just don't trade news until the market calms down a little. you will still get a nice win out of it. and it will be 100X safer.
I trade nfp just for the fun and I've only blown one account so far using nfp 😂😂
@@exytheboy5416 i blew one account or almost did in the beginning. most profitable traders have. i've learned every lesson the hard way. losing money. news i won't trade. not immediately. i don't need the coin flip risk of maybe making or losing 100 pips. why would i want to take the risk when i can wait 30 minutes or so and pick up 30 to 40 pips safely off the first retracement?
just putting it in perspective. the first move is not worth the risk involved. not with news items. too much manipulation going on.
The reason for his equity 20 and his balance 16 is because he was given a 4800 $ bonus on that deposit which actually allowed him to open higher lot positions. I lost one of my past initial deposits in 2 days because of this. As i believe I'll be able to trade the bonus later while understanding that it only allows to open a higher lot, yet it deducts from the balance i.e. fast way to blow account
Precisely
Exactly
I trade a 6 figure account and would not even be close to 30 lots at best 3 and should never second the news , better to trade the aftermath. Total madness and pure gambling never going to end well
Yeah he made all that money in 15 minutes, but down the road, he lost it all. His channel has been silent after that video(4 years now), if he was making more, he'd be bragging about it on UA-cam. Kids, don't trade like this or you'll be in line for soup faster than you know it.
was about to say this.
Gambler always lose in the end..unless he stop after profit
This the video that made me want to be a trader. I was like ain’t no way. I was 17 when I first watched this
Pretty sure that was a bonus deposit as seen in the credit. That's why the equity is much more than the balance.
No it's not. It's a glitch in the MT4 app and you need to close it and re-open it again in order to display the correct number, and I'm absolutely positive, 100% sure!
That happens always after you close all your open positions but don't restart the app
Imagine TraderNick calling this gambler a TRADER.
This was the video that got me started ..
You can see he had 4800 Credit, so that's why he had 25k, 21k in money and 4800 Credit
Some brokers give 100 percent on all deposits so it increases the equity.
Equity = Balance + credit (credit is from broker, usually deposit bonus)
Withdrawable cash here is only 16k , credit cannot be withrawn
its a 100% bonus deposit which becomes credit
that is why you are trading for so long because you do not take risk,.
I hope to trade for decades to come. This is a marathon, not a sprint :)
You should do this in one of your videos as a challenge
Awesome!
Is no one talking about the ban on mt4 and 5 on iOS
The funny thing is that this is done with an unregulated broker that was widening spreads and closing trades out. This is legitimately fake.
IF you get it right
trading news is THE WORST IDEA EVER
i took that 2k already why would i hold? what is this dudes priority to not take 2k? its weird to see traders always go for the highest profit while if i make 250$ in a day is good enough to me...
is called ego
Greed
Hey nick. Just giving a heads up that mt4 is completely gone off the App Store nor will return unfortunately. For those who didn’t delete it will be fine however. Tradingview might disappear too soon unless we use a vpn in Russia as most these applications are Russian based
It's back
@@SKULL_REA The application was always accessible because of the source codes. With decent programming skill, it can easily be obtained and preserved again. You can either transfer the data over using iCloud or backup storage. I preferred downloading it online instead of the App Store and I'm not talking about these phishing websites. I mean actually brute forcing the platform onto your device by transferring the information with unauthorized apps given approval for illegal installation. We've been doing it for awhile now
This aged well
The equity and the balance not matching is an mt4 error
He has a Vegas mentality! The house 🏠 always 🏆 win. He'll give it all back.
These serious are so much fun! 😂
The reason why the equity is more than the balance Is from his broker
Hello brother, do you still teach forex?
Hey Invadindo! I do. How are things going for you?
Can you cover GBPUSD for what happened today
he had credit on his account 4.8k
This is pure gambling Don't do this if you are comfortable to lose all the fund you have in your account.... Bcoz this is 50-50% situation...
So basically he was wreckles, had no risk management yet it fortunately worked out.
Keep in mind traders like this keep the market liquid on the side of the bet
Lmao this isnt trading mate. This is gambling
3 to 4 months to make. 11k takes 2 years for me to make here in uk. Not 3 to 4 months 😂
I don't get why people hold thier position with that kind of lot size ounce they're already up 5k... I would have been all over that close button lol
CRAZY! Watching it break the neckline and STILL it didn't continue down...
Don't do this at home
Next Video Reaction Ahmad Danial Trading
This is a classic video everyone watched when they first started trading 🤣
Finally changed your shirt 🤣
Tbh, he got gut lucky 🍀
Hi Nick I love your videos they are very much helpful and much appreciated. I did try this on my demo account and guess what I blow the account, so I wont ever do this and I cannot try it I'm in my real account I won't for real, think to do lotto thing, I'mean gambling, yoh this is gambling! You are absolutely correct
does iconfx accept us client?
Man what if he was still holding buys til this day lol
If he lost he would have kept it to himself
goshh, gambling to the highest level!
Damn this dude is risky
I love what you do bro ...this shit trader are tempting people with there shit ...mostly here in south Africa most painful is some of beginner trader don't understand....there only look at the money
No Money management then traders become scammers
Bro said people make 21k in 4 months . Lol, from where I'm from, people make that in 40years 😭😂💔
I feel very tired when watching these videos
well this for youtube content so they trade 2 different acount's at the same time for this to work one they sell one they buy easy to fool people
These are even more funny because I've been profitable lately
Young gamblers grow to become old beggars
You shouldn't trade NFP, FOMC, or CPI or either go to the butchers shop! Baaah! 🐑
🔥🔥🔥🔥🔥🔥🔥🔥🔥
How is he now? He's probably broke already 🤣
gambling
Can you commet this one next Video „Genius trading masterclass - Ralphael Palmdale“ ist crazy gay🤦🏻♂️
THESE DUDE CAN RUN THERE OWN SERVERS AND MAKE LEGIT LOOKING ACCOUNTS AND LEGIT LOOKING BROKERS TO FAKE TRADES ON ALLL FROM MT4 PC WITH SOME SCRIPTS BE CAREFUL WAT U FALL FOR
that's shit, that's nit trading
Such gamblers have one home run and 9 account blow ups! They only upload the 1 out of 10 intaces it works for them
He's using mt4 its a demo😂
He has more equity than balance because the broker he was using offered him up to 20% credit of his initial deposit to trade with
You should know this lol, no offense whatsoever