a forex hedging approach, explained
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- čas přidán 20. 05. 2022
- Trading is risky, and most people lose money.
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I’ve said for years and years and years - trading is extremely risky, and most people will lose all the money they try to trade with - even the people who follow the information I provide. Trading is a skillset that is difficult to learn, and I make it look easy because I’ve been trading for 7+ years. As with any high performing skillset in life, trading is NOT easy.
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It’s like becoming a doctor, many people start pre-med and medical school, but only a tiny fraction of them succeed and actually become doctors. The average success rate of trading is even worse that that! Becoming a doctor is obviously not for everyone, and becoming a trader is obviously not for everyone, too.
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Hey friends, thank you for sharing that the audio is having an issue in the video. I've just played the video from YT on my computer and on my phone, and the audio is working fine for me. Is the audio working for you all now? Let me know, I'll figure out how to get it fixed if so.
Nick
Working for me👌
@@kevin711497 Thank you.
It’s fine, no problems
Yeah it's fine
THAT IS SILLY TRADING AND YOU JUST BABBLE SAYING NOTHING!!! HEDGING IS SILLY IF YOU'RE NOTHING MAKING ANYTHING JUST SELL THE POSITION, IT DOES NOTHING DUDE!!!
PLEASE ADVISE .
I was told to spread my savings across different things like stocks and bonds to protect my retirement.with the everything being shaky,I'm considering going into Trade.?
I HAVE INCURRED SO MUCH LOSS TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL TRADE IS MANIPULATED.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
in stagram
Kate Floretta
Face book
She Trade for Celebrities & could Mentor you.
Been hedging for past 8 years and it's pretty much all massive regular gains. 10k into 50k in first 6 months when i started. 50k into £1.2m in 2 years. I found this to be a perfect way to trade on f/x . Great vid.
Do you trade with big leverage? I think that is the problem of this system. If you have high leverage without stoploss you get liquidated
@@glindaiserrobo8746 1/200 and 1/1000. leverage is not the problem, being human is the problem so you got to switch human side off. Never invest more than 2-3% of all equity, unless in quarterly and trading results which is fun. I've always traded 5 pairs no more. Stick to what you know is part of the success . Do the homework when entering the trade and you're pretty much there. Good luck and trading is simple if you keep it simple, at least that's how i trade
I understand. Thanks for your tips. But if you have a good strategy with stop loss I understand you do not need to worry about leverage but inthis case Nick is telling that you can have bad trades without stop loss. But than you risk getting liquidated. I guess you dont implement Nicks strategy
@@glindaiserrobo8746 correct, support and resistance it's what makes my day. i very rarely use stop loss, trend is your friend and never venture out into choppy waters.
@@krs1969krs Hey mate can you please tell us about your strategy, how do you use hedging and how are you trading? are you trading same strategy as Nick without any modifications?
Awesome as always! Thanks!
Thanks, this video is pure gold !
Helpful to see a demo like this. Thanks.
@Nick Sawn. Hi Nick, Thank you so much for sharing your knowledge with us.I am just learning and ofcourse there comes a stupid question. @17.41 in the vid..why do you wait for a lower price to sell? Would you mind explaining?..is it because your currency is USD and the XAU is stronger?
Bro! You have seriously opened my eyes! Knowing how to manage the losers takes some/most of the fear away from pulling the trigger
My god dude, find better wording. I thought you're gonna harm yourself..
yo
Awesome as always!!
sounds good, but why did u double the short and not stay with 1 micro size, cause in case price reversed u wld have to trade with 4 micros and this can quickly get oversized? further i wonder why u don,t put stops into profit at some point and or take partial profits.
your idea is nice but the management wasn,t very clever imo. i.e. the buy at 21m i wld enter only if price makes a new higher high, which was very close by, so no reason to enter just below the top.
and how can u count them all as winners when u did not close them when they were in profit?
I love the idea that we could trade as far as the market allows us. It is a fact , just most of us do not understand it , expecting that our thoughts and hopes matters and will be right, when being right to a degree of consistent profitability is almost impossible and it is not even necessary to be right that much. Thank you Nick !
Great video Nick smashing it as always! Would love to do your course one day when I can afford 🤩
Brrrro! I'm like a freakin sponge with this shit! Looooving it! The confidence it will bring to my trading will be the turning point for me I'm sure. Catch you in close friends at some stage soon man yeeeeew 🤙
Thanks for video...thanks very much
Is hedging prohibited in the US Nick? Where do you recommend to trade?
Great video Nick!! Would love to see you live trade!
Thanks for the great video. I'm not familiar with "hedge" orders, but would like to try and see if I can master it on a paper trading account. Which brokers provides such order types? I appreciate your response in advance.
Much appreciated bro🙏
Thinking out side the box 📦 has been the best thing for me ☺️
This is exactly what I do
It's been the only thing for me
@@TradingKing09 Do you see rebko bars....
Agree a live account or demo would help to see method showing parameters
This might be the number 1 strat in the world no cap.
Thank you for this.......
Great content. I wanted to know for example you enter a buy, but it reverses and pulls back. Straight after the pullback do you close the buy and add a sell?
sounds good, but why did u double the short and not stay with 1 micro size, cause in case price reversed u wld have to trade with 4 micros and this can quickly get oversized? further i wonder why u don,t put stops into profit at some point and or take partial profits.
your idea is nice but the management wasn,t very clever imo. i.e. the buy at 21m i wld enter only if price makes a new higher high, wahich was very close by, so no reason to enter just below the top.
and how can u count them all as winners when u did not close them when they were in profit?
Got to be the craziest method I’ve ever seen 🤓
very great. the problem here I think is nobody has that kind of patience
yes I don't have the patience .. I would have exited the trade when the hit the bottom or even earlier .. one of my biggest problems is staying in a trade
This guy"s dry sarcasm is spot on! Funny guy.
You remind me a tiny little bit of Alex Becker. I love this style. So fire.
So u know Alex Becker too. Wow😊man that's awesome. we are much here then. That dude owns billions
cheers my man another insightful video
Cheers my man.
Hey Nick, got a questions. For these trades that runs over 3 days, how did u manage them while u are asleep?
The best forex traders that makes sense are humorous as I've experienced throughout the years. You can smell bs from others if you stay long enough in trading.
You get a like for content- and your explanation for the hat/glasses lmao
hahaha
Nice.... when your broker allows you to trade both ways... but not in the USA... Both I love brokers out of the country....LOL... Rock it Nick... Thanks for the awesome share
Prop firms. You can hedge both ways even if you're in the US.
I wonder which prop firm would be best. The daily loss limit is the only thing that would be trouble.
@@dave4347 yes you can
Can you please do more of these type of hedging videos? We need part 2 3 4 5 6 7-1000
As for the bank's story😭🙈, but thank you for the insight man
Wow, never even thought about this way of protecting and managing your trades. Really brilliant. Thank you !
Hi Nick, what country are you trading from ?
And this actually works. Missionfx changed my life.
Sweet.
@@NickShawnFX I'll be meeting you soon. Remember that!!!
Hi Nick, does OANDA allow hedging? I know you use Oanda.
"You're going to be winning in like... almost every single scenario." Right. Sure. This is where I x out of this video. 14:43.
What broker are you using specifically?
Nice thank you
With broker are you using to trade forex thanks
Is there a way to make hedging with crypto or stock at spot trading not futures?
This works well for me on the 1hr, like in your previous hedging vids - this approach truly shows you how much it doesn't actually matter what you think is going to happen. Consistent execution is the hardest part of this system for ME, like losing an account and jumping right back in. Over time the probabilities will play in your favor tho.
Yeah, I suggest most people stick to the H1 since thats where most of the obvious zone bounces are, its not that difficult to do and is fairly consistent if executed properly like you said
@@NickShawnFX🎉
It was only an 8 pip movement up, not a 64 pip movement up. Look at the column on the right where the numbers are and substract the buy position number from the sell position number.
Can we use this hedging strategy for stocks, etfs etc?
They had us in the first half not gonna lie..
nice video cuz
Great !
I am now creating my art again, drawing my little character in order to get the money together to pay for Nicks compounding course! 🙂👍🏼🎉
Thank you
Makes sense, but looks risky. I would be using support and resistance lines.
Will this work on a funded account?? ie., meet the drawdown criteria?
Which broker can i use in US to allows hedging?
It looks like that we can not use the hedging strategy in US. Please help. Thxs
When you say getting into sell positions, are you shorting? I'm confused..I understand your buy positions as in hopes it goes up, but when you think it's going down, the sell position is a short?
Going short is when you sell and hope the price goes down. Going long is when you buy, and hope it goes up.
What is the best time frame to hedge on
Hi am new here iam going to watch your videos
howdy brother, so i have a training account on forex, and i worry that im not able to enter buys or sells quickly enough
This video 6 months old and if you've been doubling your account every 3 days you must be one of the richest men on the plant ....are you🤔
yeah he is a millionaire
The only thing not being taught in this demo is the emotional control; the other half of trading and also what makes most traders break their own rules and furthermore, make most traders unable to make profit.
I wouldn't even say the other half of trading because the emotional side is 90% of trading. Only giving 10% of the story, Nick
@@belbel9581 lol 😂 so don’t use money you need lol 😂 and doing really emotional things such as running harder than you thought and keep going. People want to say that’s the case, but what you honestly need to do is be okay with losing lol 😂and don’t put life changing money on the line lol 😂
What brokerage do you use
Nick when are you going to make a signal group? I know that both us and you will do a lot of profit.
I'm not interested, thank you for asking, though.
Where you been?
I double my account in 5-10 days but on 11th day I lose it all . because of revenge trade and descipline. any practical tips.
Cant hedge on Oanda......if you in a sell once you enter a buy the broker closes the sell.
Can you do this on crypto as well? Binance futures wont allow 2 separate long positions.
Yes
I have seen this guys eyes, he is crossed eyed. 😊
this video is better than white noise.....
sounds good, but why did u double the short and not stay with 1 micro size, cause in case price reversed u wld have to trade with 4 micros and this can quickly get oversized? further i wonder why u don,t put stops into profit at some point and or take partial profits.
your idea is nice but the management wasn,t very clever imo. i.e. the buy at 21m i wld enter only if price makes a new higher high, wahich was very close by, so no reason to enter just below the top.
and how can u count them all as winners when u did not close them when they were in profit?
Audio working perfectly for me
Thank you for letting me know.
Do you guarantee it because if I do thats all my fiat money I have and if I lose it I can freeze to death this time of year up here in Alberta
you should probably risk all of your life savings to try this! In fact, I heard buying on margin on the highest possible cap (10-20x is best) will be the best shot for investing and making BIG GAINS!!
How do you open several positions if you trade crypto BTCUSD for example. As far as I know, if I tried to open a second BUY or a second SELL it would just add to an existing position and move my entry point.
Depending of the exchange, you must activate the hedge mode.
@@lionelmabille1648 I trade on Binance and hedging is on.) but still, I cannot open two long positions for example 🤷🏻♂️
Same difference really, I’m assuming you can close partial profits like I can in Bybit, so just view it as closing 50% profit or adding a 50% stop loss to the whole position rather than closing 1 of 2 orders.
If you trade btc, use Deribit/Delta Exchange. There's good amount of liquidity and the brokerage is just 5 basis points. You'd have the option to short BTC options as well, so you can use strategies like covered calls, debit spreads and credit spreads.
The 24k calls expiring March 31 are going for like $1800 in premium. Not bad for a 2 month wait time. Perpetuals help as well.
I notice you plan on waiting for a pullback to get out of trades that don't go in your favour. But.. What happens when it doesn't? What do you do if the trade just continues to go in your dis-favour?
closing at a loss or hedging. the stats play out long term
Or just have a stop and move on to the next trade.
Can you do this with options?
Why are you adding the pips on a calculator what does the account say?? Show the account.
id love to be able to do this, what about sleep time though what then ? maybe lots of coffee and the devils dandruff? i really need something that works cause im stuck in the cycle of changing starts every week, things seems to work for a while and then it becomes evident they dont , im losing hope
Dude...I been in that cycle for 8 years. Extreme ups and downs. Can't tell you how many times I have "tweaked" my strategy...it gives me huge hope for a month and then, like you said, it stops working.....back to square one...every time. Then I see dudes like this and it makes me hopeful but also sad and depressed because I've burned 8 years not being profitable and this dude licks it in 2 years.....haha...I'm actually pretty smart too which makes me feels worse but I have finally come to realize that there isn't a correlation between intelligence and consistent profitability in the market. In fact, being a little bit dumb seems to be a key trait that a lot of truly consistent traders have...haha.
just going to binge all the hedging videos and become a monk master
Hey Nick what are your thoughts on SMC and ICT ? Please make a video on that.
All systems are the same in their first principles. They take a few concepts and core beliefs, a system is built around them, and then it is executed with some form of risk management and discretion that comes from experience doing it over and over. It does not matter if its ICT trading SMC or Nick Shawn trading Breaks and Retests. No system is better, no system is worse. Its up to the individual to decide what works best for them in practice. Those are my thoughts.
@@NickShawnFX G.O.A.T
You're an underrated coach. Fucking Godly
God himself would be proud
I bought the compounding course so I am waiting for the hedge strategy to be added to the course.
Although I'm already super profitable at backtesting this strategy with a couple changes.
Solid, the hedge/momentum approach will allow for many more trading opportunities, and should allow for quicker compounding to the growth target. still working out the development of the system but its worked great so far in practice!
@@NickShawnFX great! just managed to get 20% today with a 200 eu account with lot size 0.1
@@kjstrades9903 hedging or other strategy kindly reply
@@Funny-kids3187 The other strategy, but I already switched to another one :)
No one comes anywhere close to Nick in this shit.
This is some good premium content, goona have to save it somewhere incase he delete it later loll
Hahaha. 100%.
I watched this video, thought wow what a genius! went to trade this way only to realise, you're taking slightly bigger losses than you would have with a SL. here's how. say the market is 100 points down from your buying position when you get into hedge. then market goes further 100 points down when you find another buying opportunity and you exit your sell with 100 points profit, then the buy goes in your favour and comes say 200 points up to your buy breakeven and you made 100 points from this trade. now the problem, couldn't you just have set an SL at 100 points and got into buy trade later, saving you some commision, and spread?
How much capital and leverage are using to come up with this profit? Because you said here like 4000 dollar profit in a movement of 1.5% which would mean you use extremely high leverage of over 50x. But then hedging doesnt work well because you get instantly liquidated. Without leveraging your examples would be like 10-30$ profit with 3000 dollar, which is not working. Especially when you are using market orders
yes i am interested to hear advice for leverage too
this is not an accurate representation of how it works - you'll need to learn the basics, you can do that for free at babypips.com
What platform or broker are you using? Mine doesn't allow separate opposite open trades; if I enter a sell order and then hedge it with a buy, it just closes the first entry. I suppose of one has good presence of mine to reverse the trade promptly, then the effect is the same. Nonetheless, what is the brokerage you are using? THX.
Osprey, offshore
@@stocharron2753 Thx. Is there a US broker that has this feature?
@@_BlueHorseshoe_ no this country is turning in a commie nation they want to dictate what your aloud to do with your money. what state are you in , I've never had a problem with osprey other than ya need MT4 watch out for there leverage but you can lower it . Other us citizens use osprey
@@stocharron2753 THX
How are you trading on Pepperstone when they dont even support the United States?
Seems that hedging would work perfectly using the renko chart. You won't be confused with the unibomber. I definitely need to buy your course. In demo, I only win when I choose the opposite of where I think that the price is going. If I think it will go long, I choose short and vice versa and my win percentage increases dramatically.
Yes, even the line chart I guess.
What's the difference between closing the initial position and opening an opposite position = the hedge?f
Any testimonials please
This guy cracks me up 😂
i'm trying to do this on trading view paper trading, just to practice but each time i take an opposing trade it cancels the previous opposite one. is there a way to remedy this?
theres no way, you need to use a broker that allows for hedge mode to be activated
What brokers are advised
I thought hedging was illegal in the US, can’t remember where I heard this from
this is a great strategy, if you want to quickly lose money
Hello, just a very "down to Earth" question but what happens when you go to sleep? Do you just leave it as is or have pending hedging orders?
Pending hedge orders.
@@NickShawnFX Thank you. I'm trying this on demo.
They always use these dumb one minute charts. He can easily choose the 1 hr or 4 hr and speed it up. It just bc his buys won't work. I can cherry-pick charts too. And I can b a genius.
Precisely. Then you ask him do a challenge and denies basically free money. Dudes a fraud.
Facts
WOW!! Emotions of steel!! When I try to hedge, my broker sells what I'm hedging against. So I can't buy when into a sell, and I can't sell when into a buy. I lose the opposing transaction.
The hedges sound like they could be too wide apart. Which timeframe you hedge on?
You need a second broker
@@banginzaza on the 1 hr
@@eby6114 I went into my settings. Pretty sure it will work now.
You can't buy and sell the same currency pair using just one trading account. If you buy when a sell is already open, the sell trade will automatically close.
there is an option to do this in binance and probably many others. It allows the trader to do it with one account.
To be honest in gold price went up and down so quick and on 1 minute its very hard
What broker do you use? I can't open both a long and short position at the same time with my broker.
Omg im new to trading and i have absolutely no idea what im doing , if someone has free time can you pherhaps answer some of my questions?
No audio nick..
😂 banks looking for you ,, nice dude