How To Place Your FIRST Forex Trade - (A BEGINNERS guide to Market / Limit / Stop orders)

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  • čas přidán 7. 07. 2020
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    In this video, Steven shares some advice on trading in the Forex market and a few key steps to starting your new adventure with trading.
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Komentáře • 556

  • @thetradingchannel
    @thetradingchannel  Před 2 lety +82

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
    PROGRAM INCLUDES:
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    Talk soon,
    Your honest trading coach,
    Steven

    • @stellapatrick8367
      @stellapatrick8367 Před rokem +1

      Hello steven

    • @veliusaffectus9103
      @veliusaffectus9103 Před rokem

      What’s up Steve😅 love the videos by the way. Can you do a full Webull step by step on using the order types and what you can and can’t do with each order types? I’m not seeing good detail on order types from any CZcamsr and it would help. Using limit orders, take profit, stop loss, etc can get a bit complicated.
      Thanks in advance

    • @silversurfer1508
      @silversurfer1508 Před 8 měsíci +1

      You never mentioned wha the 10k units are?

    • @samuelwagya5789
      @samuelwagya5789 Před 6 měsíci

      Hello

    • @samuelwagya5789
      @samuelwagya5789 Před 6 měsíci

      Hello

  • @beriaheyman1241
    @beriaheyman1241 Před 4 lety +349

    This is literally the best channel for leaning Forex💯. And people thought I was gonna pay that 265 to learn from them 🤣🤦🏾‍♀️

    • @only1donjuggatv145
      @only1donjuggatv145 Před 3 lety +21

      I did and they ain’t teach me shit. 🙇🏽‍♂️. Damn fool.

    • @alicia_shaun
      @alicia_shaun Před 3 lety +14

      Sis!!!! I’m tellin you I was bout to and a frennn put me on game!

    • @l.l.pozeguy6223
      @l.l.pozeguy6223 Před 3 lety +6

      I double down I this statement lol

    • @joelGi
      @joelGi Před 3 lety +4

      Hi how is it going for you at the moment if you don't mind me asking.

    • @kevincorrea5194
      @kevincorrea5194 Před 3 lety +1

      On god other pay way more 2k 1k ect

  • @bitboi6855
    @bitboi6855 Před 4 lety +178

    Hi Stephen. Your tutorials on forex on CZcams have helped me go from losing 60% of trades to winning 60% of my trades. I can not thank you enough.

    • @ajaeellis3755
      @ajaeellis3755 Před rokem +5

      how is it now

    • @theblockcat-ain1572
      @theblockcat-ain1572 Před 11 měsíci

      ​@@ajaeellis3755He still losing😅

    • @Anonymous69700
      @Anonymous69700 Před 2 měsíci

      Bro have you learnt free from CZcams or did you also brought any sort of course to learn forex too?

  • @HasanWarrior
    @HasanWarrior Před 7 měsíci +10

    First, I want to thank you for simplifying this. I’ve learned all about analysis but not how to actually place the trade on the platform. Thank you. Very clear and thorough explanation. For the rest of those spending tons of money on fake CZcams traders, what’s wrong with books? My first introduction to FOREX was buying books and studying my butt off. Stop wasting money on false promises. Find good videos like these, take what is useful and practice on a demo account. Pretend it’s real and don’t take any unnecessary chances you wouldn’t take if it were your hard earned money. Let’s keep in touch. I hope to see you all at the top.

  • @hypertron6425
    @hypertron6425 Před 4 lety +164

    I know how to do this but came to say he’s really good. He made me become good in charts analysis. He deserves my salute 🌟

  • @alexisv865
    @alexisv865 Před 3 lety +28

    Best teacher in the world. All the videos I watched about this were complicated and you just made it simple and understandable. Thank you very much!

  • @michelosteloi408
    @michelosteloi408 Před 3 lety +12

    Listen I searched above and beyond for a tutorial like this. I could not for the life of me decipher between buy and sell limit order. And buy and sell stop orders. Nobody explained it the way you did. It was in the easiest form for me to understand. THANK YOU! Keep the vids coming.

  • @mariodunbar869
    @mariodunbar869 Před rokem +2

    Ive gotta say ive watched countless youtube trading videos but this is hands down the clearest and easiest to understand not to mention most detailed and entertaining by far. Steven your the Goat

  • @ecordy
    @ecordy Před 3 lety +51

    As a new Trader I am much more educated after watching this simplistic and extremely effective video. Thank you Sir.

  • @davidbowen5476
    @davidbowen5476 Před 3 lety +10

    I've been wondering in the dark for ages, before watching this video, was having trouble even buying and selling, the light has gone off. Thanks oh mighty thor looking guy.

  • @someone1415
    @someone1415 Před 4 lety +12

    I absolutely love the way u explain everything! Thank you so much! I am so excited that i understand this a bit more now

  • @Deron_SLATER
    @Deron_SLATER Před rokem +9

    I am so glad I found you. You are helping out so much with gaining knowledge! Thank you so much!

  • @josephhector4764
    @josephhector4764 Před rokem +6

    AT LAST! I've been using the 5 minutes chart while I am working and it's a struggle. Losing more then earning. From next week I will be using this method. As a beginner my trades are 50%. Going for the 4 hour chart, place an order and carry on repairing boilers.

  • @Elisasofia258
    @Elisasofia258 Před 2 lety +10

    You are right! your explanation is easy to follow up and very educative. thanks

  • @salardz
    @salardz Před 3 lety +4

    I really enjoyed how you simplify these stuff and teach them. Thanks

  • @flatanyirenda
    @flatanyirenda Před rokem +1

    oh my God. Your such a good teacher, definitely born for this. Am learning a lot, I know three months from now, I will be confident enough to go live. Following you all the way! God bless you.

  • @mrgarethrichards
    @mrgarethrichards Před 3 lety +3

    Thank you so much, I have been looking for a video like this for months. Bravo

  • @canadianhaitian
    @canadianhaitian Před rokem

    This is the absolute best teaching break down one by one step and your voice is calm and not fast I finally understand the fundamentals. This video should be called forex for dummies because that’s the only video that made me truly understand this complex trading called forex. Everyone else talks so fast I get lost or have absolutely no idea what they are talking about with their jargon and lines everywhere 😩.You definitely have a new sub. You are simply the best!!!👍🏽

  • @bernakeykimathi2020
    @bernakeykimathi2020 Před 2 lety +2

    It's a beauty, clear and concise in understanding forex charts. Keep up the good works!

  • @melissabee2264
    @melissabee2264 Před rokem +1

    Wow you're the first mentor that explains so we'll,I've listened to so many but I didn't understand,but after listening to you,I'm able to understand

  • @brittanyhogans7758
    @brittanyhogans7758 Před 2 lety +3

    I love this channel and I am so grateful that you put this knowledge out. Thank you so much!

  • @rnparkinson
    @rnparkinson Před 2 lety +10

    Thank you so much for taking the time to explain this. So many things I learned. As a new trading and being a visual learner this has helped me a great deal!!!

    • @AJ-ds8jd
      @AJ-ds8jd Před 2 lety

      Same here. A huge visual learner

  • @thebrassring5203
    @thebrassring5203 Před rokem +5

    He’s literally the only person on CZcams that explained this.. thank u

  • @DISTINCTVIBESCOM
    @DISTINCTVIBESCOM Před 2 lety +16

    Before i watched his other video i read so many positive comments.. After watching I realised he deserved more than the praises they gave him..
    He is phenomenal....I already know this video will be great..
    I would love to teach like this

  • @raquelnjoki7795
    @raquelnjoki7795 Před rokem +3

    Literally the best teacher on forex trading.
    I literally had no clue on what forex is, I had a hard time understanding things but your videos are well explained... Easy to grasp. I am humbled. Thank you

  • @dhiaa6340
    @dhiaa6340 Před rokem

    this guy is just the best, he explains everythimg with such a simple wayand answers the ast every begginers asks himself ... god bless you

  • @yusufmustapha8733
    @yusufmustapha8733 Před rokem +1

    Thank you, been trying to understand this a long time. Now I understand the buy limit and sell limit

  • @vuelamariposaazul
    @vuelamariposaazul Před rokem +12

    You are the most better teacher I have ever have. You know how to explain all these complicated market’s strategies in a very concise and precise ways. Easy to follow. Thank you for your excellent teachings and work integrity offered in this channel.

  • @natebarnett8956
    @natebarnett8956 Před rokem +1

    As always, very informational and clear. Your teaching is some of the best in this category on YT.

  • @jasonmitchell432
    @jasonmitchell432 Před 2 lety +4

    This is perhaps the most important, and most beneficial video I've watched yet-- and not just from your channel: from any I've watched. I've just begun day trading and swing trading. I have an Oanda account, and I'm just learning how to use it and setup demo trades, AND THIS is the first (and only, so far) video that I've seen that actually walks us through the basic mechanics of placing a trade on this platform (or similar). Every other video purportedly for beginners goes into strategy, but strategy is meaningless when we haven't been able to learn how to navigate the basics of a trade on a given platform. THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!

  • @kleoemuno4961
    @kleoemuno4961 Před 3 lety +4

    Valuable information, really learnt something valuable. Thanks mate.

  • @tsaonekefositse1051
    @tsaonekefositse1051 Před rokem

    Bro you the best forex teacher I ever watched.i literally started leaning 2 days back bt nw I understand forex like a pro

  • @BabyGirlMogirls
    @BabyGirlMogirls Před 2 lety

    This was extremely helpful now I understand even better. Thank you.

  • @ariscruz5641
    @ariscruz5641 Před 3 lety

    Perfect explanation to understand those concepts, thanks bro!

  • @davidt1460
    @davidt1460 Před 2 lety +1

    Amazing content, presentation and info, you are a natural teacher and were born for this, tremendous work thank you.

  • @thatgirlz313
    @thatgirlz313 Před 6 měsíci +1

    Had to watch this multiple times but I'm starting to understand! Thank you so much!

  • @loveconquersall419
    @loveconquersall419 Před 4 lety

    Your videos are GOLD for us Forex beginners.

  • @cashmoney2k8
    @cashmoney2k8 Před 3 lety +2

    Hey, I'm really new to this and this video really helped alot. alot of stuff that i was unsure about placing a trade was cleared up. Thank you.

  • @bankstonmills
    @bankstonmills Před 2 lety

    This is by far the best educational videos on here ! Thank you for that

  • @maisabarberino3797
    @maisabarberino3797 Před 2 lety

    Hey there! Thank you for your videos, you are one of the best around here! Thats exactly what I was looking for!!!!! Happy new year!

  • @niqueinsantana8172
    @niqueinsantana8172 Před 3 lety +4

    Gorgeous, intelligent and an excellent teacher! 🥰😍 Thanks so very much for your videos. Subscribed✔

  • @serenadenmark7573
    @serenadenmark7573 Před rokem

    You're the best at explaining stuff. Thank you!

  • @gabriellejulian6771
    @gabriellejulian6771 Před 2 lety

    New subscriber!! Love your content so much! Best Forex channel I’ve come across so far. Still learning ...

  • @DannielleFX
    @DannielleFX Před rokem +1

    Excellent video, super helpful! Thank you for taking the time to break this down.

  • @theacademyofforex
    @theacademyofforex Před 4 lety +1

    Great video! Always test with paper trading. It is very important!

    • @CristianCarvajalC
      @CristianCarvajalC Před 4 lety

      The Academy of Forex i dont like that... we need to know our emotions behind the real money on the bid/ask.

  • @Prodkid360
    @Prodkid360 Před 3 lety

    Thanks man, this video was very insightful

  • @Stuclinton
    @Stuclinton Před 3 lety

    This is excellent ive been doing technical analyses for seven months now trading binary and was looking to come off that to trade the forex market im with binance and it was ridiculous to try and place a trade on there and i basically gave up then i found its and its changed everything its so easy to do
    thanks for taking the time to make this video i can now get on with my trading and move forward

  • @KenyaMicheall
    @KenyaMicheall Před rokem +2

    Thank you so much for this video!!! Recently I was struggling at inputting trades into my MetaTrader and this helped immensely!! Thank you so much for going into detail and explaining everything!! I will be trading soon!

  • @abelferia1
    @abelferia1 Před 2 lety +1

    Am glad I found your Chanel, I have always wanted to learn about trading and never understood it like I have now. Am seriously considering learning more until one day be able to trade, now I think it would be very possible thanks to your teachings thank you bless you and your skills.

  • @omyousuf504
    @omyousuf504 Před rokem

    I was looking all over youtube for help in forex, and when I saw your video, I am amazed! You got a new sub! 😄

  • @mhorsportz
    @mhorsportz Před 2 lety +2

    Very informative, just what I was looking for to help me understand how to enter a trade and to take profits. Thank you for sharing your knowledge.

  • @rk69Camaro
    @rk69Camaro Před 2 lety

    Excellent explanation as always.
    Thank you

  • @soman4261
    @soman4261 Před 2 lety

    Really helpful bro, I understand 3 of those orders well , thankyouu for all these contents ❤️

  • @wakeupcaller6648
    @wakeupcaller6648 Před 2 lety +2

    Thank you for your time and effort, mate! You made me see true the darkness.

  • @jenniferariah744
    @jenniferariah744 Před 2 lety

    You are sucha good teacher, appreciate you so much, Thank youuuuuuu x

  • @Seriouslyjoeking
    @Seriouslyjoeking Před 7 měsíci

    This is the video I’ve been searching for!! Thank you

  • @blackcurrantpop
    @blackcurrantpop Před rokem +13

    This is exactly what I was looking for!! Great video. The limit and buy orders are now clear for me. I was so confused when creating pending orders and would sell the wrong order only for it to be executed instantly when really I needed a pending order. I will practice this more on my demo account. ❤

  • @makeniek3853
    @makeniek3853 Před 2 lety

    This channel has the right forex strategy that makes me watch over and over to learn more.

  • @thelastgeneration1926
    @thelastgeneration1926 Před 3 lety

    i love the way you explain things bro

  • @KayRene
    @KayRene Před 11 měsíci +1

    Thank you for doing this video. Such clear and concise instructions. I have taken trading courses before but just am out of practice, this video is an awesome refresher. Thanks again.

  • @FitV05
    @FitV05 Před 7 měsíci

    This guy is worth his weight in gold. This an example to all those people that sell their tutorials. What a detail video. 🙌🙏🙏

  • @siminxab8214
    @siminxab8214 Před 3 lety

    Thank you so much for sharing this.

  • @samuelgardiner8573
    @samuelgardiner8573 Před rokem

    Thank you for explaining this in detail, it was very helpful.

  • @allenq.697
    @allenq.697 Před měsícem

    Man! How can you make this so easy to understand? You’re the best. Big thanks to you! 😊❤

  • @mo_six5995
    @mo_six5995 Před 9 měsíci +2

    As we in 2023 am just checking if the course for the beginner is still exist, am just in my first step trading

  • @cindyjaclyn8802
    @cindyjaclyn8802 Před rokem

    Hands down the best trading channel on youtube.

  • @billyjoel5120
    @billyjoel5120 Před 2 lety

    Thank you so much Steve🙏🏼🙏🏼🙏🏼 May God Bless you abandently

  • @leonrene3223
    @leonrene3223 Před 4 lety +4

    Great vid bro thanks111
    Your way of teaching 4x is womderdul

  • @jerexfa
    @jerexfa Před 2 lety

    Wow one of the best channel I've seen on CZcams I love your work ❤️ ✊🏽

  • @austincowdery8336
    @austincowdery8336 Před 2 lety

    This is very helpful, thank you. I didn’t understand this until I watched your video

  • @janeekwegbalu2266
    @janeekwegbalu2266 Před 4 lety

    Thank you so much I understand it more better now.

  • @theanticsofcharlesv8835
    @theanticsofcharlesv8835 Před 3 lety +1

    Wow that really helped me! Thanks!

  • @gholamhosseingorgin4799

    as always good job, many thanks for your another great video dear Steven, always appreciate your efforts

  • @shafakaldik2
    @shafakaldik2 Před rokem

    Your advices are life saving!

  • @elenahal9527
    @elenahal9527 Před 4 lety

    I am newbie..best channel to learn. God bless!

  • @PryorPrints
    @PryorPrints Před rokem

    REALLY helpful video. Thank you mate!

  • @jean-marcplantin7306
    @jean-marcplantin7306 Před 3 lety +1

    Great video, easy to understand 🔥🔥🔥🔥 thanks 🙏 🙏🙏🙏

  • @Purpletegs
    @Purpletegs Před 2 lety

    Thank you so much, this was Worth watching 💜💜💜🌟

  • @mannaminne4279
    @mannaminne4279 Před rokem

    Thanks alot for these videos my dude, you're one of the best out there!

  • @michaeloyaro6041
    @michaeloyaro6041 Před 2 lety +2

    Oh Steve thank you so much you've made my day today I've understood the concepts perfectly well, the app doesn't look complicated anymore I am FOREVER grateful to you man. I'm learning alot from you damn! 😂😂

  • @dulceliguori5654
    @dulceliguori5654 Před 2 lety

    thank you so much ! I loved the video!

  • @terry68jenner
    @terry68jenner Před 2 lety

    Wow thanks now what is making support and resistance is becoming clear.

  • @mukandkishor6116
    @mukandkishor6116 Před 2 lety

    Sir, u are wonderful experience of forex trading teaching.i must say u are a great mentor.

  • @puppylover456
    @puppylover456 Před 3 lety

    thank you for offering this

  • @AnthonysTradingChannel

    Thank you for sharing your ideas

  • @Ben-it8oi
    @Ben-it8oi Před 2 lety

    Stumbled across this vid. Really well done. I've subscribed.

  • @kumrbaleshwarji554
    @kumrbaleshwarji554 Před 3 lety +1

    You are the right guide. Thanks

  • @Jooooeeyyy
    @Jooooeeyyy Před rokem

    Another AMAZING teaching!!! Genius

  • @marsesm102
    @marsesm102 Před 2 měsíci

    This is what exactly I wanted to know. Thank you Brother

  • @CharlesOle-yr7or
    @CharlesOle-yr7or Před 7 měsíci

    I'm new to the market. Just try to be well educated before I start doing trade. Your videos help me so much. Thank you so much bro..

  • @triqo325
    @triqo325 Před rokem

    Man this is the best channel to learn how to trade thank you

  • @etomedo888
    @etomedo888 Před 2 měsíci

    Thanks for making this step so clear. It really helped me a lot.

  • @moneytalk966
    @moneytalk966 Před 2 lety

    you are a great teacher. really very helpful.

  • @LL-fb8wz
    @LL-fb8wz Před 8 měsíci

    Yes, all these videos, but I was clueless how to actually place an order until now. Thanks.

  • @sulaimonajibola2150
    @sulaimonajibola2150 Před 2 lety

    What a nice video, Its sooo helpful. thank you so much for enlighten me more into this and i can't really wait to be like you or even more in the future. Salute... May God bless you sir.

  • @marcarthur5829
    @marcarthur5829 Před 2 lety

    Thanks you very much finally i understood these limit and stop orders

  • @onyebuchichukwu7462
    @onyebuchichukwu7462 Před 7 měsíci

    You're a great teacher, your teaching is very simple and easy to understand

  • @allanmorris4272
    @allanmorris4272 Před měsícem

    Hi Stephen, I have found that most tutorials on CZcams go so fast I cannot understand them, but after seeing your video a couple of times some sense is slowing being made, so thank you very much.

  • @huwandavids8407
    @huwandavids8407 Před rokem

    finally! the vid i never knew i needed! 🙏🙏🙏

  • @nickdew6037
    @nickdew6037 Před rokem

    this guy is a forex teaching lend, completely didnt know how to trade but after watching all your videos, i now am able to make my first $300 bucks with just $100 deposit, thank yooouuuuuu