Why I don’t trade the forex markets! 🚫

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  • čas přidán 2. 01. 2024

Komentáře • 329

  • @SaadPatel-kd1qo
    @SaadPatel-kd1qo Před 5 měsíci +783

    As long as Money is made, that's what matters

    • @wealthmaster69
      @wealthmaster69 Před 4 měsíci +6

      Blah blah

    • @JMX1521
      @JMX1521 Před 4 měsíci +23

      See profit take profit

    • @malusimathaba4040
      @malusimathaba4040 Před 3 měsíci +8

      ❤❤❤It's all about the BAAAAGGG

    • @SH0RTSNCLIPS
      @SH0RTSNCLIPS Před 2 měsíci +17

      You wont make the bag if you dont know what he is saying . Forex trades sell and buy at diffrent prices on diffrent platforms . This really matters because your entering trades at a price you see on the chart your broker will fill it at a diffrent price sometimes you get stopped out because your broker filled orders above or bellow your stop . Its more manipulation basiclly

    • @Sethlow-tx5oh
      @Sethlow-tx5oh Před 2 měsíci +1

      Helloooooo👌🏿

  • @traderzoloo
    @traderzoloo Před 5 měsíci +462

    Trading is Trading. Does not matter what we trade. It depends on what you are mastered on.

    • @jaycalvin3783
      @jaycalvin3783 Před 4 měsíci +13

      True, yet there is stocks and futures which is way easier to master compared to Forex.

    • @donb2527
      @donb2527 Před 4 měsíci

      I dabble in fx but what I like more about stocks/indices is that the fundamental analysis isn’t as hard to get a hold of. You can literally google «*TICKER* analyst rating» or price goal and you have access to professionals price targets and ratings to back up your technical analysis, imo it makes trading a lot more predictive and makes it easier to make good profits with little effort. When it comes to fx you need to analyze macroeconomics of two countries in relation to eachother and make a prediction on both to predict trend over time, and reading COI statement until your eyes bleed to find a legit broker, which is just a headache.

    • @nijario9690
      @nijario9690 Před 4 měsíci +3

      Stock trading is much easier

    • @stanleyj.a.c4941
      @stanleyj.a.c4941 Před 3 měsíci +1

      True

    • @Fastlane_Creations
      @Fastlane_Creations Před 2 měsíci +1

      Forex is very complex

  • @NoName-wl3wv
    @NoName-wl3wv Před 19 dny +67

    I've been learning for 2 years now and I've absorbed one thing those trading stocks will say forex isn't good, those in forex will say stocks aren't good, swing traders will say day trading and scalping aren't good, scalpers will say swing trading isn't good. Overall, every trading style and market can make money. You need to find what suits you higher timeframe or lower timeframe, stocks or forex.

    • @KingJT80
      @KingJT80 Před 14 dny +2

      pretty much. i like intraday forex. im experimenting with some stuff now so hopefully ill go live again sooner or later

  • @jjdiaz486
    @jjdiaz486 Před 5 měsíci +131

    Forex is not for everyone, you already said it, the concept is the same.

  • @silkroad1201
    @silkroad1201 Před 3 měsíci +136

    Forex is so much easier to predict though. Financial news (which is released all the time) typically has a big impact on certain pairs, and the movement of those pairs has a big impact on other pairs.
    It's a very predictable market when you don't overthink it.
    Some of the richest people in the world have made billions in the forex market.
    It's not just for 23 year old CZcamsrs

    • @DarksideUnveiled
      @DarksideUnveiled Před 2 měsíci

      Hii

    • @The_Protagonist_
      @The_Protagonist_ Před 2 měsíci +2

      Ig u need to play with rules to make money in forex its all about how much big u are. I know whales make large money in every market but in forex the number is high

    • @ayamurayama3961
      @ayamurayama3961 Před měsícem +6

      He made millions without it. So neither opinions is better. Both ways can make money.

    • @redacted.handle
      @redacted.handle Před měsícem +2

      Isn’t this the exact same as crypto and stocks?

    • @laughattack1204
      @laughattack1204 Před měsícem +1

      Everyone is invested in currency, you don't need to see the exact numbers to avoid manipulation. But that does make it harder on unskilled traders or people trying to go quicker than they could go with futures and stocks. The unpredictable manipulation really isn't that bad, and must be prepared for in normal markets as well since it occurs in every market from day 1. For most people, if you just want to make an average trader's salary - it does not matter what market you trade, pull $500 a day out of meme coins if you want. A good trader should always be comparing his/her own predicted numbers to the real numbers that show up, and make decisions from there.

  • @sidneymwangi9696
    @sidneymwangi9696 Před 3 měsíci +20

    there is nothing like manipulation by a broker... if you dnt know how to trade you dnt....

  • @IrsergioI
    @IrsergioI Před 5 měsíci +108

    Very true..forex is full of crooked brokers. (Broker manipulation) however, I used forex and its ridiculous leverage to grow my account and switch to futures.

    • @Calinkswag
      @Calinkswag Před 4 měsíci +7

      I have the same plan bro.

    • @SpnakoAss
      @SpnakoAss Před 4 měsíci +1

      What exchange you use to trade futures?

    • @IrsergioI
      @IrsergioI Před 4 měsíci +5

      @SpnakoAss I use TD Ameritrade.

    • @yafriz
      @yafriz Před 3 měsíci

      You mean the leverage is too much or too low? And what’s your leverage ratio

    • @IrsergioI
      @IrsergioI Před 3 měsíci

      @yafriz not in the sense of too much or too low. More like unrealistic leverage from unregulated brokers like 1:1000 leverage. Having moved into futures. Deal more with your margins and required capital to be able to maintain your positions.

  • @Jessejayson
    @Jessejayson Před 4 měsíci +27

    Crypto traders left the chat

  • @LadyDiva2545
    @LadyDiva2545 Před měsícem +8

    This dude is replying on being transparent. As in knowing exactly what's going on in real time.... 🎤 Drop

  • @wackytackyhacky
    @wackytackyhacky Před 5 měsíci +29

    I think the difference here is whether you're trading the CFD of stocks or buying/selling and owning the stocks (this is where there is buyer and seller involved). Therefore, it would be the same "type of trading" with Forex if you are trading CFD of stocks because we technically don't "own" the stocks/forex. We are just trading the movements.

    • @readmycomment101
      @readmycomment101 Před 5 měsíci +4

      But CFD's are actually happening decentralized , even though futures and options are done in index's those are happenings on the centralized exchanges where the actual volume is visible to everyone at the same time... but in forex the volumes are shown only from a specific broker not the entire of the world, for instance the EURUSD volume will be shown only from a specific broker...

    • @paulnyagini
      @paulnyagini Před 3 měsíci

      ​@@readmycomment101😂😂😂😂 stop making me laugh even if you got the volume data there is no way you will be consistent profitable. If you are smart enough then you will know that most of future deravatives moves in a slippage formation in the correlation of expected volatility of an asset class in other words is like saying the future volume is useless and future market markers are price takers of stock in stead of price maker and they will quote them base on how they expect the volatility to be in future this why it explains why future contracts price are different based on expiry time plus if traders overwhelm the market the future market markers will have to hedge there position with real stock assuming they don't
      Have partnership with the stock exchange.

    • @hkaniugu
      @hkaniugu Před 28 dny +1

      dont trade if you dont own it, cuz stop loss is a scam

    • @user-ci9ck4jf3j
      @user-ci9ck4jf3j Před 22 dny

      @@hkaniuguhow is stop loss a scam ?

    • @hkaniugu
      @hkaniugu Před 22 dny

      @@user-ci9ck4jf3j because RR cant beat the market in a long term

  • @campione8campione818
    @campione8campione818 Před 5 měsíci +42

    You give us always clear information. Thank you bro ❤

  • @ITSUNCLEJESSE
    @ITSUNCLEJESSE Před 2 měsíci +8

    Not everyone will get what he said until they start following the real money. It’s very much easier for forex to be manipulated by big institutions and bots. In stocks you can see the order flow time ans d volume and if you enter at the right time you can be unstoppable

    • @navsofour2892
      @navsofour2892 Před 10 hodinami

      Lol there is more volume in black pools than on lit exchanges, if there were not manipulation the capital would be democratized and no system has ever achieved or wanted democratization on capital, including the USA the largest crooked in the world.

  • @suredude5291
    @suredude5291 Před 2 měsíci +51

    Tbh Forex is A LOT EASIER to understand and trade than stocks

    • @sastashroud7646
      @sastashroud7646 Před měsícem

      Why so explain please

    • @DEFACTO9
      @DEFACTO9 Před měsícem +2

      Rubbish, Fx prices are dependant upon the toughest intersection of commerce and Geopolitics and weather and energy. If you dont understand interest rate instruments your not making money trading forex, youre jus trading basics and noise. hint: 99% of FX traders are doing exactly that. Most newbie traders dont invest in their learning properly.

    • @wlbw1
      @wlbw1 Před 21 dnem

      @@DEFACTO9 Exactly. The successful FX traders that I know make trading decisions by fundamental analysis and use technical analysis to figure out stop losses and take profits.

    • @nipamarkets
      @nipamarkets Před 19 dny

      You're crazy... Easier to understand??

    • @dee23gaming
      @dee23gaming Před 17 dny

      Wrong. Good stocks tend to go up over time. Forex doesn't have an up or down. It's all over the place.

  • @MoonMission_FX
    @MoonMission_FX Před 5 měsíci +73

    My trade history enters the chat. Dont be scared of Forex people. Learn the pitfalls, execute trades with discipline and get the bag.

  • @cashflow6044
    @cashflow6044 Před 5 měsíci +8

    Trading is trading but money circulation is different.. one market can have more volume and volatility then others

  • @AntiMason
    @AntiMason Před 5 měsíci +21

    That’s why I cringe so damn hard when people say they are looking at order flow or volume in forex… lol it’s completely controlled. Volume does not matter at all in forex. If you want to trade on volume concepts your best trades would be in commodities where those are true, real, tangible items you are trading.

    • @maderastuff
      @maderastuff Před 3 měsíci +4

      Futures and options guy here. Chose to do futures over fx for a number of reasons. But wow that's wild. So if vol/order flow is an important part of your trading strategy - fx just isn't the game table for you. Thanks for sharing!

    • @AntiMason
      @AntiMason Před 3 měsíci

      @@maderastuff Exactly :) I just wanted to throw that info out there and help someone. But yeah FX is 100% controlled. It’s a central bank dealing house not meant for me and you. And if me and you wanna play then we have to play as the customer in their storefront trying to predict the price of their commodity for today. Instantly when I see someone mention Volume as part of a strategy on FX trading I turn away because if they only knew the bedrock… they’d never touch it

    • @pkhaloobonaccio9883
      @pkhaloobonaccio9883 Před 3 měsíci +2

      u can't see volume in forex it's impossible because most transaction are made as derivatives over the counter between 2 parties . Most of fx transactions are hedging against currency . Most traders trades are bundled by their brokers and sent to the market maker aka the bank .The volume of FX is upwards of trillions per day

    • @Kris_413
      @Kris_413 Před 2 měsíci

      Seems you never heard of tick data. That’s what the volume spread indicator is for. It may not be 100% acc but 90% is good enough for me

  • @Amelia94411
    @Amelia94411 Před 5 měsíci +86

    *Excellent !!! I really do have a question. For someone with less than $10,000 or Above to trade in stock market how would you recommend we enter into trading ? I am looking at studying some traders and copying their strategy rather than trading myself and losing money emotionally. I would greatly appreciate any suggestions*

    • @Amelia94411
      @Amelia94411 Před 5 měsíci

      I'm a beginner where can someone reach Mr Morris.

    • @BevarlySofia
      @BevarlySofia Před 5 měsíci

      Trading as a beginner is quite stressful and discouraging but I'll linking up to your coach. This is useful info❤

    • @PhilipWood-eo6fn
      @PhilipWood-eo6fn Před 5 měsíci

      Wow!!! I'm not shocked that you just mentioned and recommend Mr Morris. I learn and earn through he's analysis. Which speaks volumes about him

    • @ChangChao454
      @ChangChao454 Před 5 měsíci

      Mr Morris understanding of market indicators is impressive. He knows exactly when to enter and exit trade for maximum profit. He's signals are top notch

    • @fernandopillejera5179
      @fernandopillejera5179 Před 5 měsíci +9

      Haha, new comment for 2024 scam. Nice try 😆🤣

  • @nunu4692
    @nunu4692 Před 4 měsíci +14

    To trade forex you gota be REALY good at trading.

    • @glendellthompson8363
      @glendellthompson8363 Před 2 měsíci +1

      How’s that different from options?

    • @dee23gaming
      @dee23gaming Před 17 dny

      ​@@glendellthompson8363 Options is a way of doing business, it's not an asset class.

  • @Easymadeit
    @Easymadeit Před 28 dny +5

    Everyone’s missing the point he is making here. He’s basically saying that in forex there could possibly be foul play here where someone controls the market on a certain pair that has trillions of dollars that can manipulate the market a little bit to go one way and completely change or reverse a trend in their favor unlike buying contracts where you can actually see the price that individual people are paying for that’s centralized

  • @chicagomycity
    @chicagomycity Před 4 hodinami

    Exactly, the lack of REAL accurate volume is why I decided to pivot away I had to move away from it. My strategy depends on volume (specifically relative volume by time) so I just trade futures and options because the volume is accurate and available.
    If your strategy only relies on price action, then you should be able to theoretically trade any market.

  • @liam-n8098
    @liam-n8098 Před měsícem +3

    Order flow is only good for short term trading. Has no value in swing and position trading.

  • @RiccoMarselino
    @RiccoMarselino Před 11 hodinami +1

    But it still makes money. That's most important

  • @eatnexplore15
    @eatnexplore15 Před měsícem +3

    And that centralized exchange manipulate everything

  • @lindachiafor
    @lindachiafor Před 2 měsíci +3

    The problem is the brokers

  • @Anony1990
    @Anony1990 Před 10 dny +1

    That was insightful

  • @tufailahmedbugti2006
    @tufailahmedbugti2006 Před 4 měsíci +3

    Sir you are the best ❤

  • @Kloutkulture
    @Kloutkulture Před 5 měsíci +10

    Forex such a hassle compared to other assets like options and futures

    • @paulnyagini
      @paulnyagini Před 3 měsíci

      You should have just said the CFDs is hassle than future and options deravatives.

    • @Kloutkulture
      @Kloutkulture Před 3 měsíci +1

      @@paulnyagini nope everything about fx is trash

    • @paulnyagini
      @paulnyagini Před 3 měsíci +3

      @@Kloutkultureis only a trash if you don't make eny money.

    • @Kloutkulture
      @Kloutkulture Před 3 měsíci +1

      @@paulnyagini never wasted time with it. Always looked trash. Futures move the market anyways fx is synthetic so why would I bother?

    • @Kloutkulture
      @Kloutkulture Před 3 měsíci

      @@paulnyagini I never traded it man.

  • @5fmuke535
    @5fmuke535 Před měsícem +3

    It's the most liquid, sophisticated market. Degens can't like that

  • @colinmaddox8567
    @colinmaddox8567 Před 5 měsíci +15

    This is huge for me.. at a pivotal point where I’m deciding what market to start diving into
    Thanks Umar 💯

    • @coltonbradley9293
      @coltonbradley9293 Před 5 měsíci +5

      Beginner should probably trade futures. You dont need 25k to have unlimited trades. Only downside is that there are commisions. Do your own research tho everyone is different.

    • @colinmaddox8567
      @colinmaddox8567 Před 5 měsíci

      @@coltonbradley9293 thanks Colton, appreciate the advice brother.

    • @mjgee5540
      @mjgee5540 Před 5 měsíci

      @@coltonbradley9293💯💯

    • @timclark428
      @timclark428 Před 5 měsíci +6

      Paper trade first (use past or future graphs). Cover graph with paper and see if you can predict

    • @mjgee5540
      @mjgee5540 Před 5 měsíci

      @@timclark428 Nice 👍🏾

  • @SerenGordon
    @SerenGordon Před měsícem +15

    I started watching your videos" earlier last year as a beginner before giving stocks a trial, and I've been able to scale from 120K$ to $580K, I did get an advisor for supervision and accountability just as you directted thanks

    • @Richards631
      @Richards631 Před měsícem

      All you need as a beginner to make good interest is a
      professional miner who will guide you.

    • @SarahColemann
      @SarahColemann Před měsícem

      And this is the time to put money in the market cause of the high rate

    • @felixpoole2050
      @felixpoole2050 Před měsícem

      I propose Lexi griffiths
      This lady is from United K. and her strategie works like magic

    • @Clarissa210
      @Clarissa210 Před měsícem

      There are many types of buy and sell
      real estate stocks gold silver, cryto Stablecoins Airbnb, ETFs

    • @Clarissa210
      @Clarissa210 Před měsícem

      I heard about this same Lexi griffith somewhere as there are testimonies about her, I'm definitely buying with two thoughts

  • @hakshustletv
    @hakshustletv Před 27 dny +1

    The first two markets I was taught to trade is Ger40 which was Germany 30 back then and US30. Since then I've just always stuck with indices, I only trade Ger40, US100, US30, Gold/XAU/USD & occasionally BTCUSD. I've never understood Forex, the pips/position sizes and haven't cared to learn them either. Sometimes it's like watching paint dry as well

    • @user-ci9ck4jf3j
      @user-ci9ck4jf3j Před 22 dny

      lol the forex market is too slow and boring. Except there’s a serious bullish/bearish.
      But is safer to grow small account.

    • @hakshustletv
      @hakshustletv Před 22 dny

      ​@@user-ci9ck4jf3j I agree it's much slower, another reason why I don't like it but I wouldn't say Forex is necessarily "safer". I think if you have good setups and a consistent strategy with an edge combined with good risk management, you'll do exceptionally well with indices. I literally only trade 3-4 things. Germany 40 primarily & I do very well mainly because of risk management and a profitable strategy.

    • @AbzinoTheFirst
      @AbzinoTheFirst Před 20 dny +1

      Exactly US30 and Xau is mainly what I trade along with JPYUSD. BTCUSD is what I look at on the weekends sometimes if I want to take a trade since the others are closed

  • @Hustle-N-Flow
    @Hustle-N-Flow Před dnem

    People say trading is trading, with his explanation, trading is not trading lol. As a former trucker who owned his equipment, hauling freight isn’t the same as hauling freight. We both haul freight but I haul from a direct shipper while you haul from a broker on a load board. Different prices and profit so I relate to what he is saying unlike many in the comments

  • @SFSCALPER
    @SFSCALPER Před 5 měsíci +31

    Forex volume is over 7k billion $ per day. Not eversione can understand this figure, not everyone can trade Forex.

    • @Bt-cc8te
      @Bt-cc8te Před 5 měsíci +2

      Trillion

    • @darkprinz1363
      @darkprinz1363 Před 5 měsíci

      @@Bt-cc8te 7k billion =7 trillion bro

    • @Motivational-lf8zq
      @Motivational-lf8zq Před 4 měsíci +9

      The point is if it's not centralised, brokers could just "display" a price that scams you!
      I get all that ego where it comes from "if your a trader you'll trade in any market" sorta ego... And to give you a perspective, let me challenge you into this - I'll set up a market, if you are a man, if you got two balls, deposit your real money with me and start your trading 🤡💀😄😂

    • @SFSCALPER
      @SFSCALPER Před 4 měsíci +1

      @@Motivational-lf8zq I got Your point it is very clear and straight forward Thanks! I also agree that Traders should trade in any market or any asset is wrong, there's a lot of specialization in every asset. The true fact that FOREX is not centralized maybe turned as an advantage by experienced traders as: spread trading + triangular arbitrage + carry on trading, only possible on FOREX. Thanks for replying, I really appreciated.

    • @xadarr2309
      @xadarr2309 Před 4 měsíci

      @@Bt-cc8te read again :) there's a "k"

  • @BreedOfficialChannel
    @BreedOfficialChannel Před 5 měsíci +5

    Full interview

  • @SalimMartin-vm2yy
    @SalimMartin-vm2yy Před 4 měsíci +3

    How can I get know how to trade in these markets

  • @xjoshsaucex
    @xjoshsaucex Před 6 hodinami

    To see any significant gains in forex, you need to invest 5 digit or higher numbers.
    Anything lower, dont even bother

  • @triloksinghbhati333
    @triloksinghbhati333 Před 5 měsíci +5

    Do you provide training

  • @sirsergioandree
    @sirsergioandree Před 3 měsíci +19

    Bro has no idea of the manipulation of wall street

    • @ahmetm5480
      @ahmetm5480 Před 2 měsíci +6

      This man is making millions a year trading, surely he knows more than you...

    • @darktrader.x01
      @darktrader.x01 Před měsícem

      @@ahmetm5480are u sure?

    • @dee23gaming
      @dee23gaming Před 17 dny

      ​@@ahmetm5480 Well he says forex prices are different across brokers. That's a bunch of bullshit. I don't think this guru knows what he's talking about, lol.

    • @109sssss
      @109sssss Před 11 dny

      @@ahmetm5480 he's a fake guru

  • @emcaofficiel
    @emcaofficiel Před 5 měsíci +23

    forex trading it's all about chosing the right broker

    • @mhafiz8654
      @mhafiz8654 Před 5 měsíci +8

      which broker did you mean is the right one?

    • @binodyumnam2562
      @binodyumnam2562 Před 4 měsíci

      @@mhafiz8654every brokers except those who are sponsored by influencers.
      Gotta stay away from them bro

    • @carlvoznesensky1042
      @carlvoznesensky1042 Před 3 měsíci

      @@mhafiz8654 there are many but pacific union and think markets is great

    • @erickvargas6447
      @erickvargas6447 Před 2 měsíci

      How do ik which broke is the right one

    • @abdulmateen3326
      @abdulmateen3326 Před 2 měsíci

      ​@@mhafiz8654 i think fusion markets is best at the moment. do your research too. not take action based on my comment

  • @vutomi9874
    @vutomi9874 Před 3 měsíci +3

    With how much money he started trading?

  • @NicholasBall130
    @NicholasBall130 Před 3 dny +4

    Interesting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

    • @StacieBMui
      @StacieBMui Před 3 dny +2

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @cowell621
      @cowell621 Před 3 dny +2

      A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

    • @StocksWolf752
      @StocksWolf752 Před 3 dny +2

      My partner’s been considering going the same route, could you share more info please on the advisor that guides you?

    • @cowell621
      @cowell621 Před 3 dny +1

      Sharon Lee Peoples maintains an online presence that can be easily found through a simple search of her name on the internet.

  • @subzero4116
    @subzero4116 Před 3 měsíci +2

    Where can u see the live volume of trade

  • @wifimoneywithjoanna.
    @wifimoneywithjoanna. Před 5 měsíci +2

    Wow. I didn't know that. ❤

  • @denniskingmoney
    @denniskingmoney Před 4 měsíci +1

    I like that idea 💡

  • @4xturbo45
    @4xturbo45 Před 2 měsíci

    forex is the best way to trade due to having access to prop firms such as equity edge analytics, lots of capital for low prices

  • @brandogenius
    @brandogenius Před 5 dny

    Find your niche, I believe every way he just talked about Trading you can learn to be profitable if you’re consistent and put in the time and effort🎉🎉🎉

  • @mr.kurtezfx9932
    @mr.kurtezfx9932 Před 3 měsíci +1

    Tbh every successful Forex trader doesn’t give a dam about centralized transactions.
    They trade what they see and make profit end of story.

  • @davidarcila7467
    @davidarcila7467 Před 5 měsíci +43

    I'm one year trading forex now, and I started thinking it was the easiest market💀

  • @user-ni4um2cd6b
    @user-ni4um2cd6b Před měsícem

    Everyone has a different opinion that's his ✨

  • @Hereforthemusic.
    @Hereforthemusic. Před 10 dny

    Wow great tan !

  • @joshuaf5515
    @joshuaf5515 Před 5 měsíci +9

    You can literally grow an account easier and faster trading options and futures than trading forex.

  • @hassaanqadri9695
    @hassaanqadri9695 Před 5 měsíci +3

    which specific market do you trade in i was thinking of forex ??? whcih is best for a complete newbie like me???

    • @chetansaini2989
      @chetansaini2989 Před 5 měsíci +1

      Go with equity

    • @yannyboi706
      @yannyboi706 Před 5 měsíci +2

      I highly suggest EUR/USD. The flow not as agrassive as the other pairs

    • @Allinone47888
      @Allinone47888 Před měsícem

      ​@@yannyboi706do u know how to capture big moves in 4 hrs like 1000 pips or more in eurusd

  • @mrburot
    @mrburot Před měsícem

    What platform did he used in trading stock market?

  • @ShaeSPT
    @ShaeSPT Před měsícem

    Which is a reliable forex broker for beginners with like low cost/deposit ?

  • @mygooglename7275
    @mygooglename7275 Před 6 dny

    hello im a beginner in trading forex. Can someone explain to me when viewing the charts on trading view can you place a buy or sell on any past time on the chart? or does it have to be current time ?

  • @sidneymwangi9696
    @sidneymwangi9696 Před 3 měsíci +2

    stocks is shit... requires alot of money plus the health of a company determines your financial growth which can be manipulated

  • @aaronhall4361
    @aaronhall4361 Před 2 měsíci +1

    In summary it’s because he trades order flow. This isn’t possible with FOREX

    • @Kris_413
      @Kris_413 Před 2 měsíci

      Nothing a volume spread analysis can’t vix. Might not be real volume but the tick data is 90% accurate which is good enough

  • @floop2935
    @floop2935 Před měsícem

    Whatever secures the bag is what I’m trading lmao

  • @hevo4l900
    @hevo4l900 Před 18 dny +1

    All these avenues he speaks of for a Muslim are prohibited. Everything this guy does both Futures and Options and Forex. It's not even debatable. You trading something you don't own. Not sure if he is Muslim but just FYI to any inspiring youth.
    You will be questioned for every dollar you spend and whom you spend it on. Don't go down the dark path.

  • @CalvinHeath
    @CalvinHeath Před měsícem

    That sounds like centralized to me lol

  • @itechfive240
    @itechfive240 Před 2 měsíci

    And you see it's the decentral nature that these traders don't like because they can't pay to see the retail trade and front run it with stop loss hunters.

  • @laada110
    @laada110 Před měsícem

    Why u guys never explaine people importants of Capital and how Long u guys staying and how much securing?

  • @BlackHeart_x3
    @BlackHeart_x3 Před měsícem

    Maybe its because forex is bigger by x1000's than other markets. Might be hard to centralize that globally idk.

  • @greatB470
    @greatB470 Před 24 dny

    Hi commentators pls if any of you guys are available for teaching FX pls am really really interested i want to learn thanks 🙏❤

  • @samc1nonli
    @samc1nonli Před měsícem

    Options 4L❤❤❤

  • @nicholasng319
    @nicholasng319 Před 12 dny

    That's true

  • @yuriroth8179
    @yuriroth8179 Před 4 měsíci +7

    so now everybody that has a podcast mic in front of them knows everything .....

    • @vutomi9874
      @vutomi9874 Před 3 měsíci

      ?

    • @jaycalvin3783
      @jaycalvin3783 Před 3 měsíci +2

      What a weird comment.
      He became multi millionaire from trading and is very transparent in what he does.
      No clue why a comment like this makes any sense..

  • @ballshippin3809
    @ballshippin3809 Před 8 dny

    I've personally had more successful trades with forex than I ever did with stocks. Forex is more simple to predict too

  • @scottytrades3424
    @scottytrades3424 Před 5 měsíci +2

    Umar is mistaken. You can't see every transaction in stock market either. Order flow is not really accurate due to dark pools hides alot of the transactional volume. That's some of the most important that needs to be seen too!

    • @fpsrush5478
      @fpsrush5478 Před 3 měsíci

      Those still show up on the footprint chart

  • @omolemomolefe2985
    @omolemomolefe2985 Před 2 měsíci

    OG 🤝

  • @Cbmountain42
    @Cbmountain42 Před 5 měsíci +1

    What about dark pools lol

  • @pannierfxquanttrader5017
    @pannierfxquanttrader5017 Před měsícem

    Umar, Forex is not for the faint hearted. 😂
    And this perspective is also as if Stocks exchanges don't manipulate the volumes.

  • @kashifali-ug1yk
    @kashifali-ug1yk Před 5 měsíci +8

    This is kid... 😂.. order flow changes in milli seconds.. many orders are placed to manipulate market.. when ppl see the order and volume the take one direction and then the Godfathers changes the order flow

  • @bilalshah4648
    @bilalshah4648 Před 18 dny +1

    He definitely told that forex market is for gamblers

    • @iPissOnTalmud
      @iPissOnTalmud Před 18 dny

      lol he didn’t say that at all. He said there’s a major lack of data in forex where as futures and stocks are all on a centralized exchange.

  • @larrytompkins5719
    @larrytompkins5719 Před 2 měsíci +1

    Forex is my baby

  • @Salman_D._Rayan
    @Salman_D._Rayan Před 4 měsíci +3

    Forex is a centralized market...
    Gold, Crypto, and NFTs are decentralized..
    Stocks are centralized but by the company and its investors/partners
    Centralized exchange or not doesn't matter much. But as he says, we can't see the transactions going on forex and even gold I think. This is a bad point. But the more the market is centralized by the governement the more it's "Safe"..

  • @qwill8254
    @qwill8254 Před 10 dny

    Forex is not for retail traders

  • @Davinciblack_
    @Davinciblack_ Před 8 dny

    I love forex

  • @fkimprovements6420
    @fkimprovements6420 Před 5 měsíci +11

    Forex made u rich

    • @jamesnap601
      @jamesnap601 Před 5 měsíci +1

      Evidently you haven’t been following him for a long time you are wrong

    • @ProSigmaLoneWolf
      @ProSigmaLoneWolf Před 2 měsíci

      @@jamesnap601 ?

  • @richardlewis3344
    @richardlewis3344 Před 5 měsíci +8

    I think the forks market is the best market to trade because it's the hardest it's not regulated and it's extremely hard to make money so if you can make it in the forex market you can easily switch over to futures and kill it if you can make $1,000 a month in forex you can probably make $10,000 trading futures because it's regulated and yes I do admit learning to trade for us took me a long time and I blew a few accounts but I'm telling you you can start with $300 with a small lot size where your losses are like 5 to $15 and trust me you will have to lose a lot of times to Blue that $300 and that's what you need you need to blow that $300 account to three four times to understand the market and how it moves after the second or third time you should be able to when you're losing 5 to $15 look how much loss is it you're going to have to take that's what makes you you have to blow that $300 account like 4 times

  • @McFlashh
    @McFlashh Před měsícem

    Why would you want to trade something centralised? That’s why crypto is so popular now, it’s de-centralised and the banks don’t have any control over it.

  • @SalimMartin-vm2yy
    @SalimMartin-vm2yy Před 4 měsíci

    I have 0 knowledge in these trading please teach me to gain just a little knowledge

  • @10di_livefree
    @10di_livefree Před 7 dny

    The man is simply saying FX is not regulated hence why he doesn’t trade it. 😒😒

  • @SharadDhek
    @SharadDhek Před 10 dny

    Whats the problem with that??

  • @bimby5019
    @bimby5019 Před 5 měsíci +3

    @umar, which instruments do you trade?

  • @ssrstreaming6937
    @ssrstreaming6937 Před 5 měsíci +2

    That's the legendary ans from a legend trader ...Proud on you my Mentor. @umar Ashraf

  • @officialkoby
    @officialkoby Před měsícem +1

    Forex is the best

  • @A07investment
    @A07investment Před 29 dny +3

    There are only two types of traders in the world. Find out which one your are. No 1: ... read more

  • @currencymovers
    @currencymovers Před měsícem

    🤔Unless your fundamentally sound, mentally tough and disciplined, it doesn't matter what you trade, you will not be consistently profitable.💰👀😃

  • @G-sr2bs
    @G-sr2bs Před 2 měsíci

    That's a dumb reason. Currencies are a major asset class, particularly for macro traders.

  • @carlosdart3118
    @carlosdart3118 Před 5 měsíci +5

    And that's how most forex CZcamsrs are scammers

  • @varshaexports2946
    @varshaexports2946 Před 4 měsíci +2

    If you get different price from different brokers, just arbitrage the trade , why not ?

  • @treypharaoh
    @treypharaoh Před 12 hodinami

    Stocks are more manipulated than forex 😭 wtf is he talking about.

  • @kapkumar1243
    @kapkumar1243 Před 2 měsíci +1

    Forex is not everyone

    • @erickvargas6447
      @erickvargas6447 Před 2 měsíci +1

      Is it true brokers be causing issues with payouts ? And do you know which brokers r legit

  • @shateeshnganasekaran5459

    Basically he is saying he cant handle something that requires the use of brain

  • @mrclandestine9000
    @mrclandestine9000 Před 2 měsíci

    Forex is for the pros

  • @_venu_venu
    @_venu_venu Před 5 měsíci +2

    hi sir I from india 🇮🇳 sir I'm 15 years old i want froxe trader but how to trader I don't have any laptop 😭💻🙏🏻 please help me sir

    • @wealthmaster69
      @wealthmaster69 Před 4 měsíci +4

      Kiddo grow up and earn money first yourself.

  • @b4rkai
    @b4rkai Před 2 měsíci

    Because forex is mainly CFDs lmao

  • @ArsenalFCAdventures
    @ArsenalFCAdventures Před 5 měsíci +2

    Sir What about cryptocurrency is it centralized?

    • @shubham82
      @shubham82 Před 5 měsíci

      Wtf are u saying, do u even know the defination of crypto.... crypto's whole purpose is to be decentralised... Means no govt or Central Bank have any control on it...

    • @chetansaini2989
      @chetansaini2989 Před 5 měsíci +1

      No bro because of blockchain

    • @ArsenalFCAdventures
      @ArsenalFCAdventures Před 5 měsíci +1

      Thanks so much. But did you have any video or book for footprint chart, I want to learn it

    • @RobDaNet
      @RobDaNet Před 5 měsíci

      @@ArsenalFCAdventuresNo bro because of blockchain

  • @im-fast-as-fuk-boi4892
    @im-fast-as-fuk-boi4892 Před 5 měsíci +2

    and that's why I like trading cryptocurrency 🔥

    • @chamaldealwis9
      @chamaldealwis9 Před 5 měsíci +5

      It's a decentralised market as well, binance will quote a different other to coinbase for example

    • @itstheeraka
      @itstheeraka Před 2 měsíci

      WTF🤣