I'm Ditching Forex For Futures Trading
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- čas přidán 4. 03. 2024
- I'll be scalping the futures market while swing trading the Forex market.
The prop firm I chose is Topstep. The broker I chose is Tradovate.
Learn how to enter your trades using my 1 Candlestick trading method: stan.store/TheShaquanLopez/p/...
Useful Links: www.tradingview.com/u/Shaquan...
📲 Follow me on Tradingview: / theshaquanlopez
💻 Instagram: / theshaquanlopez
(This is my only Instagram account. I'll never DM you first or ask you to invest for me.)
😁 Forex Prop Firm I use: the5ers.com/?ref=6263
Work with me: stan.store/TheShaquanLopez
I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face losses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Sina Ano Bubb, her profit is great even when there's a dip
It's funny how I used to think every investor went broke during recessions, meanwhile some made millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some and profit for others, it all starts from having the right mindset. That said, I've set asides part of my savings to invest for future. Unfortunately I'm a complete noob.
The market has gone berserk! irrespective of experience level, everyone needs a sort of coach at some point to thrive forward.
True, A lot of folks downplay the role of professionals until being burnt by their own emotions. I remember couple of summers back after my lengthy financial setback, I needed a good boost to help my business stay afloat hence I researched for licensed advisors and came across someone of due diligence who helped a lot to grow my reserve notwithstanding inflation to over half a million dollars.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've been stuck with *MARGARET* *KATE* *MARTINEZ* for about five years now, and her performance has been consistently impressive.
Hello I'm from Canada and i must say you inspire me cause I started up investing in crypto and trading as a scared investor who doesn't want to lose money, glad to say I'm very profitable now and bought my first house through it.
congratulations 🎉
Which strategy did you use?
Glad you are making progress I'm well encouraged. Most times I live with doubts and fear of losing before executing trades
Glad you are making progress I'm well encouraged.
Most times I live with doubts and fear of losing before executing trades
I made the switch from forex to futures and I am loving it. The no spreads is a game changer.
From my observation and historical market pattern, there might be a bit of turbulence in the market coming up, but here's the deal: Trying to guess what's going to happen next is less important than spreading your bets when trading and thinking long term. It's not about guessing the market's next move; it's about playing it smart and steady...managed to grow a nest egg of around 100k to a decent 732k in the space of a few months... I'm especially grateful to Christopher Alexander Walter, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....
he's mostly on Telegrams, using the user.
@Gainwithwalter7
Christopher Alexander Walter expertise is truly commendable. he has this knack for making complex crypto concepts easy to understand.
Really you people know him? I was even thinking that I'm the only one he has helped walk through the fears and falls of trading.
His technical analysis is excellent and his interpretation and projections of the market are so accurate I sometimes ask myself if he is human haha. The point is that Walteris the perfect trader to follow for advice and daily signals
I finally took FX seriously and it was of the craziest shifts in FX history 🤣 I’m into futures market now and it gives me ease that my order are not being manipulated. Nice video
Where did you get training?
@@richroy-entrepreneur8971 I watched the ICT 2022 Mentorship and have been learning from the MMXM trader and Ttrades. I studied under a mentor as well. All I will say is if you study ICT don’t study all of it because it’s overwhelming. Get a basis of market structure and OBs and FVGs if you got the ICT route
Yes!,, the transition has been amazing
@@richroy-entrepreneur8971 I watched the ICT 2022 Mentorship. I would start there if you want to trade ICT concepts.
Is it available for caribbean people?
Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.3Bitcoin to a decent 27Bitcoin....At the heart of this evolution is Linda Wilburn, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.
I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.
Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary.
Linda Wilburn strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.
The same high-yield potential exists in both bullish and bearish situations; what matters is how information and technique are used. Not neglecting professional advice.
Assets and lnvestment is that tiny Iine that separates the rich from the poor.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month this 2024 investing with Sonia Hicks.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.
You trade with Sonia Hicks too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I'm rocking US30, Nasdaq, and Gold. Absolutely magical with consistent results.
What platform
I fell the same way, The US wants us to be poor and depended on them.
My strategy has always been to invest half of my income in the stock market every new month, the second part of my strategy is not to sell for at least 5 years, but recently my portfolio has suffered major decline about $150k in losses. Should I rather invest in crypto this time?
I don’t see a problem aggressively invested into equities as long as you have enough cash to live on for 5 years, most people consider using financial advisors in order to avoid a fiasco
Very true, I'm in line with having an advisor oversee my day-to-day investing because, my job doesn't permit me the time to do this myself. Thankfully, my income has increased over 500%, five times in four years, summing up nearly $1m to date.
congrats! mind if I ask you recommend this professional guiding you please? in dire need of proper portfolio allocation
Twitter and He's verified please make sure you write the USER NAME complete
WONGHUATRADE ❤❤❤❤❤
Just got my 4th payout. I can’t tell you how glad I am that I got into trading after being introduced to it a few months ago.
You only been trading a few months and you got your 4th pay out...I call BS unless you have been copy trading or using signals. Nobody learns how to trade proficiently in a few months, stop the cap...
Happy for you 🥳
Not true @@jackreacher3663
How are you doing it, Mia? I'm new to trading and any help would be appreciated.
4th payout after trading for a few months? How? What’s your risk?
welcome! im making my way over to futures as well! LFG!
Individual profiles, says a lot about one’s character. And Eye say that to say. Eye like how you get your point across. You have a very creative approach how you express oneself. You deserve a crown 👑 with your great enlightenment.
Yes girl!! This is exactly why I switched to futures!
I learned ICT concepts as a forex trader, & STRAT once I switched, so I use ICT & STRAT now. 🤙🏾
Great video I appreciate the pips, ticks, contract break down💪
Following the journey. Just started futures myself. Keep em coming ma'am! Good luck on your evaluation!!
Thank you! You too!
Just joined topstep too! Qiahing you all the best 👏🏾
Thx sis great video ❤
i dont know u but im proud of you!!!! keep it up and remember
SET THE BAR HIGH
i saw your thumbnail. you are your own kind of day trader. which you dont really see onhere. awsome. i quit day trading made a switch over to options. and FINALY got a withdrawls on... never happen for me in day trading.
I stopped options for futures....no greeks is great
Eagerly awaiting the futures class!
Ooh it’s coming
Oh lord!!
Hey sis, this isn’t a tradable chart. Futures are contracts with an expiry date. The contracts expire quarterly, and currently you should be trading “H” for the March contracts. If you’re trading the NQ the chart should be MNQH24 for the micros, or NQH24 for the e-mini’s.
there's a continuous chart like ES!
Continuous B-ADJ!!!
Most people have rolled over to M/June contracts at this point for ES and NQ
Welcome to the Futures Family!
Im going through the same journey! Love your videos!
Yay! Thank you!
Glad I watched this video ! Not sure how I decided to pick this one but it was worth it
Stumbled upon your video and decided to subscribe 😁
Good evening here. I really love the where you teach. Please can you enlighten more on the candlestick. Please I really want you to make more video to teach more about the candlestick. To understand it. Thanks 🙏
Hi there first time seeing your content..I must say I love the way you trade, please do share more about the futures
Great video and strategy! I’m really drawn to market structure and price action as I learn to trade. And love that you incorporate your faith into trading. It’s a must for me as well. I sub’d!
No slippage! I switched and it's lovely!
Very much so
Fantastic, thank you Ma
You are most welcome
Futures are EVERYTHING!! I love it!
You just got a subscribers love your contents
Really nice video! Do you edit your videos by yourself?
I’m looking to switch over to Futures also, this video was right on time. Thank You!
You're welcome
Imma waiting for a sick day so I can just get cosy and sit and binge watch alllllll your content 😂 Added you a while ago but haven't had chance to listen to too many yet...bring on that sick day 😂
Ahh! lol.
Me as well, just thinking where to start from. But futures all the way.
Nice. Been looking at some alternatives to FX.
Good choice. I made the switch like 2 months ago and it's way better with. Plus I only trade Us30 Nas100 and Gold. So yeah Futures is the way 💯
Go Sis!!!
Thank you
Thank you
Welcome! I'm interested to see how Futures Props change since everybody's making the switch. I just hope the FX Prop CEOs keep their drama away from this space 😩
Agreed. and thank you
Topstep is great, try it
Finally..... Welcome
I like futures myself. I still trade Dow jones which is US30
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to take risks. Saving is great but taking risks puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to larysa Caba, my portolio is doing really great and im proud of the decisions i made last year.
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Larysa Caba. I now make huge profits by weekly through her services while still learning to stand on my own.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good.
I have never seen a trader as open and transparent as Larysa Caba with her clients. The way she decides to make a profit for her clients. she allows you to express your fears and she still rests your fears and that is my respect. I don't normally comment on videos, but this word should be included. she is really cool.
I just looked up her name online. she is licensed with credible certificates and has an amazing track record. Thank you for the message.
I definitely want to know more.
Thanks for the video 🙏 question.
How can we make a decent percentage when some of these broker platforms or exchange charges 0. 5 or 0.2 percent on trades?
Thanks
Webull go have it soon. I’m so ready
Topstep is one of the best out their
Switching from Forex to Futures 4 years ago, was one of the best decisions of my life 🥰
Can you share what is that box your clicking on on Trading view? You have a row of tools and the first tool is what?
cant lie im thinking about making the switch myself cause the forex industry is just out of hand now!
Trading in general is easy. If you can read charts the asset don't matter
Subscribed. I'm in the same position as you with the Topstep 50K challenge. One point of confusion for me is with the expiring contracts. How do you confirm that you are on the correct, current contract for an instrument?
I'm always trading 1 contract since I'm new. It keeps things simple for me .
I'm looking to make a switch due to the new prop firm regulations and their fallout myself. I'm not a funded fx trader; I'm only 2.5 years into my trading journey, but I was aiming to be a funded trader. * toilet flushing sound * Back to square one. One thing I've also implemented -and have learned that virtually every successful trader has implemented and continues to consistently use - is post analysis along with journaling. The 2 are not the same, serving different purposes, though they are interconnected. Like 2 sides of the same coin.
The money is more in the futures 👍🏿
What platform do you use for futures of like to make the switch from fx
Make$ it happen ❤✌️
Well not sure HOW ur video pop up on my algorithm but I am definitely a subscriber! Yes WomenWhoTrade❤️
Thanks for subbing!
hi can you explain the monthly free reset
I quit forex for futures too, much better and cleaner… very consistent with timing
Hi Shaquan. Will you be teaching this in your class? Thanks
I'll be creating a new course on my futures trading strategy.
@@Shaquanlopez - can't WAIT!
Everyone is switching to futures but it’s more expensive, they charge a monthly fee, they have more strict rules that are really stupid and subjective plus they withhold payouts
I’ve not seen a comment like this yet but I won’t count it out. Everyone has their own experiences
Start with a prop firm. Grow the money. Then switch to a personal account. The software license would be the most expensive part, but even so there could be a discount on that. Prop firms usually have deals too and the license is included.
Please how can one become an agro commodities trader?
How do you manage your stop losses? What is your strategy/formula when trading on 1 min chart on Naz?
Hi. I use the same strategy I used in my previous videos. Nothing changed when I switched markets except the timeframes.
I day trade stocks. I’ve been learning how to trade since fall 2020. It’s been quite an experience. I’m not consistently profitable yet and it’s frustrating. I think I’ve finally figured out where I need to improve but I’ve been thinking I should try futures instead.
I’ve heard a lot of talk about prop firms and none of it is good. Has anyone else really benefitted from it? Or even passed the test?
How to do it?
I trade forex but I’m interested in trading futures. My hesitation is points, etc. I don’t really understand that part. I would have taken the same trades as us minus the one you lost so I know I can trade futures once I learn the lingo. Im going to demo trade this week so I’ll be able to understand it more.
ES( S&P 500) is simple. One tick is 12.50$(mini). 4 ticks (1 point) is 50$. 12.50x 4= $50.
So if you have 5 contracts you would make $250 on 1 point (4tick) price move. Boom!
@@YouAREyoubeYou would the price be considered at tick?
Yes. Every tick(.25) moves the price. Like in the previous example, each tick is $12.50. So if you had on contract x one tick= $12.50( your profit/loss). So on and so forth.
@@YouAREyoubeYou hmmm I think I understand. I need to visually see an order. Thanks for responding :)
What is a prop firm?
Platform?
So you don’t have to deposit your own money?
Futures or Indices?
Wait what. No order manipulation
Sorry to say, that's a damn idea! it's like switching pools, from an ocean into a river!
😁
Hello Shaquan have you ever heard of ICT?
I have, but I don't trade it
I thought that would take your trading to another level. You look a good human being & i wanted to help, but if you have got your edge, then all is good. Wish you all the best.@@Shaquanlopez
tack
Which broker platform did you use For your topstep account? Ninja trader, travodate or quantome
Tradovate
@@Shaquanlopez thank you
Does topstep have a static draw down or a trailing?
Trailing
I love to see women in the game. I trade with Apex and I trade NQ too!
tbh everyone should have switched years ago
Ooh I agree
No , only mature serious traders need to switch , FX CZcamsrs and forex spammers along with shady overseas brokers ruined Forex we don't want Futures market to be ruin too!!!
I have 2 Questions for anyone who doesn’t mind answering. I’m a newbie to futures.
1.) Why wouldn’t I be to swing trade?
2.) If I’m not able to swing, then what style of trading would be recommended?
There is no point in holding a futures trade for days. It costs more too. People like futures because they don't have to be trading for more than a few hours in a day.
Futures prop firm dont allow swing trading
Futures prop firms don't allow you to hold swing trades. You'd need at least $15,000-20,000 to swing trade an account. A prop firm will not pay for those overnight fees.
Trade crude oil. The NQ volatility and manipulation is too much coming from a eurusud forex market.
You can trade the Euro in futures as well "6E" . Its similar to eurusd.
We are just watching the end of forex propfirm. 😂😂😂
Idk if is my computer but mt5 is no longer available, which broker can i start using.
I use Oanda in the forex market
@@Shaquanlopez thank you
amp futures lets you use mt5
@@sparkzz5367 thank you
Which broker are you using ma'am
Tradovate
I'm a hardcore swing trader. I'm so hesitant about the switch
Don’t be hesitant to switch. You may find you don’t have to switch at all.
Ummm, why not do both??
We different
I am doing both.
I hate that I can’t swing trade
I wanted to make this same switch.. but USDJPY has been my savior and I don't get that in futures
You can trade the majors in the futures market
@@Shaquanlopez 😲
Try trading the "6j" its the Yen in the futures market
I made the switch and made $1400 1st day in 100k Apex eval. Should’ve been here😂
Yes!
JUST LOVE TO SEE MORE WOMEN DOING THE FINANCIAL BUSINESS.😍
What platforms do you trade on?
I am with TOPSTEP and my preferred broker is Tradovate
Letssss gooooo
I'm excited!
Forex is stupid. Huge spreads. Just trade FX futures and get hit on your bid at the tick.
Got to find something else to trade now 😂
I started off trading Futures before Forex so for me it's just a return.
Hey
Very nice Sis. Are you a AKA.
Did you get your first payout to confirm they are legit?
As long as you happy. I’m staying with forex goodluck
I'm still trading forex. My prop firm moved us to a different platform. However, for scalping, I'll be doing the futures market.