The real question isn't how to make money, that's the easy part. Learn how to not lose money by limiting your trading frequency or participation in the markets. The more you trade, the more likely you are to lose money. The real ones know😌
Right and these online trading people know they often sell stuff and make money from videos.... WTF if we are being honest making money off anything requires a process that works but with trading it can always not work.
I got thousands in my trading account but am trading 1 stock at a time testing different strategies till I start for real. So far I made 4.11 dollars much of it is luck, but my goal is to find 1 effective strategy that i can consistently work with and master just that
If i had a chunk of change id look at the last five years of the company, buy in when the company historically has less business and make sure they havent made any announcements that would artificially inflate the prices, then sell at the right part of the year when theyre the busiest. For example id buy gamestop stock in march and sell at the end of summer or fall when all the preorders for the game they announced come in, by christmas the price starts to drop again. Rinse and repeat. It wont earn a livable wage unless you have loads of money though, but it will be a profit. You can identify smaller windows too, like when dividens are paid at the end of the month so everyone dumps their money in on the last two weeks or so of their stock and then sell it after dividens are paid, so you could buy at the atart of the month and sell two weeks later when the prices go up.
As you say, indicators are lagging and not much useful, when you're creating strategies for backtesting, how you're planning to make them without using indicators and just price action as told in other reels? What's the design to code price actions and backtest them?
But you can use probability. Check 1h time frame for any Forex pair. Trends are pretty consistent and last long. If you trade with trend the chance to successfully find proper set up is higher than 50 percent so it is not gambling anymore. It is probability game.
you need capital. More attracts more and less attracts less. If you don't have minimum 100k to play with, leave it. Imagine you invest 10k and let us assume after 5 years by some miracle you investment has grown by 100%. Now abstract, you have 20k before taxes. Will that help you?
Take 20 trades according to your strategy, and see your win ratio across those 20 trades. If it needs improvement, change one thing Only, and take 20 more trades, and see how that one change affects your win ratio. And keep doing that, until you perfected your own strategy. Than scale it a bit at a time.
I'm in no position to say what's Halal or not, but if you're gambling, then yes, if you know exactly what you're doing, what you gonna get, etc, then no, you're actually trading Islamically, also don't sell what you don't own, good luck my brother and may God be pleased with us ❤ Edit: this is my opinion on the matter depicted after listening to Dr Zakir Naik speech about stocks trading.
Hello everyone! I hope you're doing well. I'm in a bit of a financial bind with the current down market, and I'm looking for some guidance and strategies to make wise investments. Does anyone here have any experience or recommendations for a trusted investment advisor who can help me navigate these challenging times
I've had my fair share of experiences with investment advisors, but I've been left wanting more. It's been frustrating dealing with advisors who lack experience, respond slowly, i will like to here if anyone confirm working with Dustin Dwain King i looked him up he seems quite good but i will like to hear from someone here with first hand expands dealing with him.
I can vouch for Dustin Dwain King's services. I've been working with him for the past two years, and I must say, he's been fantastic! He takes the time to understand your financial goals and risk tolerance, and his investment advice has yielded impressive returns for me. I feel confident in his expertise.
That sounds promising but I'm still a bit skeptical. Has anyone else had a positive outcome with Dustin? I want to make sure I'm making the right choice for my investments.
Risk reward is key in trading.. Without it noone can be profitable...
Edge, risk management, and emotional control are steps to become a trader
where can i get that calender??
Before profiting, survival is your goal
The real question isn't how to make money, that's the easy part. Learn how to not lose money by limiting your trading frequency or participation in the markets. The more you trade, the more likely you are to lose money. The real ones know😌
💯 finding that out the hard way
Yeaa fking hell 🤣🤣🤣🤣🤣
When not to trade thinggg Fking helll 🤣🤣🤣🤣🤣🤣
The final thing we are not becoming a profitable trader is that we don't have an extra source of income😢
Right and these online trading people know they often sell stuff and make money from videos.... WTF if we are being honest making money off anything requires a process that works but with trading it can always not work.
I got thousands in my trading account but am trading 1 stock at a time testing different strategies till I start for real. So far I made 4.11 dollars much of it is luck, but my goal is to find 1 effective strategy that i can consistently work with and master just that
Amennnnn to that brother
The only way too become good at anything is trail and error . For
anyone considering trading be prepared to lose a lot of money .
I love these short videos.
I can watch you speak all day bro.
If i had a chunk of change id look at the last five years of the company, buy in when the company historically has less business and make sure they havent made any announcements that would artificially inflate the prices, then sell at the right part of the year when theyre the busiest. For example id buy gamestop stock in march and sell at the end of summer or fall when all the preorders for the game they announced come in, by christmas the price starts to drop again. Rinse and repeat. It wont earn a livable wage unless you have loads of money though, but it will be a profit. You can identify smaller windows too, like when dividens are paid at the end of the month so everyone dumps their money in on the last two weeks or so of their stock and then sell it after dividens are paid, so you could buy at the atart of the month and sell two weeks later when the prices go up.
Great words!
Finally a good edging video 🙌🏽
The problem with back testing on demo account always win. Tried that simultaneously trading both accounts ( live n demo) on same trading day....
Hey bro I would like to learn off you do you have a course?
Never trust the promoter. Or you lost consistence income. As the hold they must get rid their holding to convert to monies
it becomes a game of probability
I am new to trading I wish I could learn from someone that is not a scam
thankyou sir
As you say, indicators are lagging and not much useful, when you're creating strategies for backtesting, how you're planning to make them without using indicators and just price action as told in other reels? What's the design to code price actions and backtest them?
What is your ema bro??
If i withdraw my free margin will it affect my margin level. My margin is right now 209 and my balance is 2451 and margin level 775%
I have my strategy and I'm making profit💟
Iong for backtesting?
My edge: MacBook Pro 2013
Wish I had one tried so many things over the last two years nothing ever works I’m
Giving it another two years then I quit
Besides insider trading , no one can guess where and how the market it going.
Much like casino's
You don't need though to become profitable
But you can use probability. Check 1h time frame for any Forex pair. Trends are pretty consistent and last long. If you trade with trend the chance to successfully find proper set up is higher than 50 percent so it is not gambling anymore. It is probability game.
you need capital. More attracts more and less attracts less. If you don't have minimum 100k to play with, leave it. Imagine you invest 10k and let us assume after 5 years by some miracle you investment has grown by 100%. Now abstract, you have 20k before taxes. Will that help you?
Can someone give me an example of having an edge? I mean we all have access to the same info so what could possibly give me an edge in the markets?
Experience
@@TC-we6rj experience isn’t enough though
Play book???
Whats the Name of this software ?
Trade zella
Do i really need many lessons to perfectly my strategy?
Take 20 trades according to your strategy, and see your win ratio across those 20 trades. If it needs improvement, change one thing Only, and take 20 more trades, and see how that one change affects your win ratio. And keep doing that, until you perfected your own strategy. Than scale it a bit at a time.
I don't believe anything concerning trading, I have come to a state of over trial
Is forex trading halal ?
I'm in no position to say what's Halal or not, but if you're gambling, then yes, if you know exactly what you're doing, what you gonna get, etc, then no, you're actually trading Islamically, also don't sell what you don't own, good luck my brother and may God be pleased with us ❤
Edit: this is my opinion on the matter depicted after listening to Dr Zakir Naik speech about stocks trading.
@@rohankishibe8259 Future trading is pure Haram... It is gambling between two persons... Only buying and selling at a higher price is halal
What are these so called strategies?
Hello everyone! I hope you're doing well. I'm in a bit of a financial bind with the current down market, and I'm looking for some guidance and strategies to make wise investments. Does anyone here have any experience or recommendations for a trusted investment advisor who can help me navigate these challenging times
I've had my fair share of experiences with investment advisors, but I've been left wanting more. It's been frustrating dealing with advisors who lack experience, respond slowly, i will like to here if anyone confirm working with Dustin Dwain King i looked him up he seems quite good but i will like to hear from someone here with first hand expands dealing with him.
I can vouch for Dustin Dwain King's services. I've been working with him for the past two years, and I must say, he's been fantastic! He takes the time to understand your financial goals and risk tolerance, and his investment advice has yielded impressive returns for me. I feel confident in his expertise.
That sounds promising but I'm still a bit skeptical. Has anyone else had a positive outcome with Dustin? I want to make sure I'm making the right choice for my investments.
Awesome
Yes . So i have made a strategy after almost 8 years. I have made my own mini app to do trades
dogecoin to the moon
I don't understand why you kids are so popular for saying a lot of nothing
Awesome👍👍