Can you make BIG profits in FOREX with only $100? Compounding Forex Profits!
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- Äas pĆidĂĄn 19. 11. 2020
- Can you be a Forex trader with just $100? Andrew Lockwood (from Forex Signals) explains how much money you really need to trade the Forex market. He will explain that the secret to being a successful and profitable Forex day trader is using compound interest in your Forex strategy. Understanding Forex compounding is essential for any trader. He also goes over how much risk you should take on when you're trading Forex. Andrew is a 30 year pro forex trader, and is experienced in teaching Forex for beginners to people learning how to trade Forex.
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Definitely one of the best CZcams videos on forex education I ever seen Andrew. Thank you so very much.
Today is the first day Iâve ever researched FOREX trading and I stumbled upon your channel. Iâve already watched many of your videos today. I like that you donât try to entice people into the FOREX market by promising vast profits. You are very upfront about some of the difficulties. Love your content. Keep it coming!
Andy are you in Forex? This week is my 2nd and would like to hear your testimony.
This channel is a gold mine, the message you give whilst somewhat of a downer is actually realistic and really is good for knowing truth and not
Thanks Benny. My signal has been running for half a month now. Hope you're well.
Thanks for the information - good advice as always
Thank you very much for this material, interesting approach.
You are the best at this
Thank you Andrew
Very helpful thank you very much
Perfect advice.
Sir. Thank yoy for your suggestion. You are honest. Respect for you.
I totally agree. Go slow. Start with $100 account, trading microlots. See if you can compound small returns consistently into a high return.
@@amandaeric9604 Much improved. Almost there. How about you?
at first learning it seems easy
what we want u to teach us with your vast experience is the psychology of trading we new traders need foresight on the psychology of trade
Good timing produces good results yes,so when is a good time to enter or start up trading for a profitable outcome?
Indeed good timing produces good results but I donât have to worry about trading hours since i trade through an expertise i get consistent profit without having to trade myself
The forex market is riddled with uncertainty,The importance of getting a skilled entity which will serve as a guidance to trading fundamentals is being overlooked by many and that is why investors lose money
@@sammyjevons3290 True,Do you offer trading advice?
@@denisehummel4985 I donât offer trading advice,i allow a top expertise guide me on my investment so i earn while i learn,Wilsonâs strategies has helped me against losses and sustained me financially with consistent profit
@@sammyjevons3290 though Iâm looking to working with an expert soon, How profitable are the strategies and how do i get in touch?
I appreciate your honesty
Thank you sir
2020 I started watching your channel always interesting and full of information, for me you are like a teacher not like those CZcamsrs claiming that they gained millions of money on forex .
So thank you so much and I wish you happy new year ,
I would like to start forex trading but I don't know where to start just I want to learn so if you have some courses for beginners I prefer to get it
Thank you .
I'm living in France
Just found your channel
Fantastic advice
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i do really enjoy your advice..love your ideađ
Glad you like them!
tumbs up đ
Thank you, value
Glad you enjoyed our videos. Stay tuned for more.
0.25% is about right for day trading. 1% for swing trade using H1 and 2% for daily chart trade
You are one of the most realistic, challenging and skilful and knowledgeable Trader coach I have seen on CZcams . You know what you are taking about đthank you so much great Chanel
Glad you enjoyed our videos. Stay tuned for more.
Goat, very clear and easy to note down - Very good video!
Glad you liked the video Tom, Stay tuned for more and thanks for commenting!
@@ForexSignalsTV I saw you mention when starting out, to use a maximum of 5 - 1 leverage, but I had a broker tell me today that it doesnât make any difference if youâre managing your risk correctlyâŠ. Whatâs your thoughts on that ?
Thank you
Hello what's the best way to get started with trade cos I've been making my personal research for a while now
The forex market b is favourable and the right time to invest
Great video!
Love your videos, risk not more than 2% per trade
I'm watching you from beledweyne Somalia thanks for your advice your are good teacher
Hi bro â
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Okay đ
Sxb waan ku salaamay
Can't be more accurate. Thanks for this useful information and advice sir.
I took $20 to $1200 in 4 days but gave it all back. not I am learning proper lot size and risk management. That has really changed my trading for the long run.
When you increase your account like that, you should make a withdrawal. You should've taken out $500-$1000 and started over with $200.
@@williamhart71 Compounding would involve keeping the money in the account, risk management is important and reducing size
Right
After making profit, most traders have a tendency of raising lot size to make more. And that's where the brokers slaps them hard and goes with everything they made. The way I do it to avoid this temptation is to withdraw my profit after closing every trade, then I start a new trade with the same account balance I had initially. That way, you will have discipline and your profit is safe in your back office account.
Do you also have a prop firm for traders who establish a track record
With 1% risk and a risk to reward of 1:17 @ more or less 25% win rate, combined with balls of steel, sticking to your trading plan religiously, you can grow a very small into a very larger one very quickly. Lose small and win very big. Finally a mentor who is spot on and honest!!!!!!!!!!!!!!!
What type of set ups are you looking for to get 1:17?
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I agree with your trading plan. a month's profit of 5% and compounding
Thanks Sir..
Once again a lovely and informative lecture..
Yes it was..
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
$300 seems to be the price point!!! Ive had many a message with that sum! đ
Hello thank you all for sharing your testimonies on forex. Now I can now make more money investing in forex trading
Wow congrats man. At least you see the good out of it. It's good you share too
I really want to invest, pls how do I start
You can invest and make more money only if you contact a good expert
I really thought of this before
But not too sure if it's actually real
Hey bro I'll only tell u what works for me. Forex made me who I am today ok. Anyways we don't beg people to join the team, coz it takes strong mind to make money
How do they prove their track record?
brilliant video sir
Im not sure of what other people might say, but I love your view on the market. The market is meant for long term investment rather than hit and run traders. So its either we pay time to get where we want, or we pay a thousand blown accounts.
Glad you enjoyed the video and agree with me Simbarashe, Stay tuned for more!
Hi Andrew , I follow your channel weekly ! Hereby my question : what leverage do you advice . Maybe you did already a video about this ... In casu, could you give me a link to it, please. Grateful, cheers, Vincent.
Here's one video you might find helpful - czcams.com/video/O9eXiwgmjZY/video.html
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
I have been working forex for almost a year and I am a beginner and I always had the question of how to earn with this little money. You answered me.
Thank you
I am an Iranian.
Glad to hear that. Stay tuned for more.
Thanks for this video. Please, I want you to mentor me in trading.
Can you make a video on the four stages of the market, please.
I watched a video on how to use four steps strategy and i tried it myself but the outcome was not funny. I will advice you to make research yourself and stop requesting for videos because you're not paying him.
@@realbobmortimer4532 lol i lossed money as a beginner but thank God i recovered it.
@@shanneraheem9433 if i may ask how do you recovered it? I'm a bitcoin investor but i don't make profit.
I won't say I'm giving up but I'm seriously confuse right now. Forex trading is frustrating my life.
@@jeannegiuliano667 @JOEBLWRITES
TELE GRAM
Thanks brother, i am newbie fx
Hi Erwin, glad you enjoyed the video, stay tuned for more!
Under what criteria the leverage is not considered excessive?
Basically, just donât buy too many lots!!
Somehow my mum turned 10 dollars into 200 in two weeks, then lost it all the next week
Risk management needs to be there
Where are you from?
Which platform do you trade on ?
Same with me ' I deposited 20 dollars in a week it was 120 dollars ' the following week I lost it all. đ„ș
@@IzhakIb thats the hard part
I mean I've turned $90 to $444.02 in about 6 hours on a demo account before. Lost almost all of it the next day though lol. Im still learning.
I need it
What demo account did you use ?
So howâs your trading today ?
With the 1% risk would that change every trade for example if you started with $1000 and made 1% would you then trade 1% of $1010?
Yes mate, that's compounding đđŒ
Hello, could anyone explain what does ârisk only 1%â means? If my account is $100, does it mean each trade I should put stop loss at $1 ?
yes. in theory with 100~200usd you still can trade @0.01 lot. per pip would be 10cent, so -10pips (exclude commission) is your stop out. so, with 0.01 lot, 100usd = 10pips is your SL, or 200usd = 20pips is your SL.
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
OK someone willing to start , up and investment plan, how do I go about it
I truly agree with you
Making money online is not just to invest blindly or rush into the market as it is best advised to ensure you are on the right track at the right time. As a trader, right now i so much believe cryptocurrency is worth going into at the moment mostly as the market is in bullish trend, Bitcoin is now trading above 30 in USD, this is the time to buy and trade instead of hodling.
Wow ! SAXOBANKS !! wouldn't have guessed I would see there name here. Two of my colleagues trade with them, Now I'd be the 3rd, they literally have the best trade in the market đ
SAXOBANKS handles my trades, I don't on my own
Pls how do I contact SAXOBANKS to start up an investment for myself ?
80% yearly (compounded)
I had a trading strategy call booked with you guys but never got the call! :(
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you mentioned prop firm funding. how do i find out more about this? ive personally traded from 1k to currently 9k over 10 months. how much more do i need before i start to get noticed by investors?
What's your way of trading, please? Do you indicators, price action, or both? What worked for you? It's hard to find someone honest here online... Most of the online channels here make money not from trading, but making either educational videos getting sponsored on Patreon or lure people into buying their courses showing 3 wins in a row just to show their strategy works... Super annoying as I don't know where to get valuable knowledge from :/
@@Sebastian_Mroczek Having valuable information on trading is one thing, knowing what to do with that information is something else entirely, I believe the difference between succeeding and failing is consistency, and you also need the right information to be able to win, I believe having a good trader with experience is helpful, itâs not easy, I lost a lot at first, but with the aid of CONS Peter Lang, I started having good turn overs and knowledge on trading, finance and profits.
@@eduardodante9341 you are one of the type of people I mentioned above that we have to avoid
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
Iâm having a lot of success on the demo account over the last month but, Iâm not so sure how I will do on a live one..
as long as you replicate what you are going on the demo account, you will get the same results
@@2012tkdstudent Thanks, I will do 1 more week and then go live if it goes well this week too
@@ezzekiel29 be wary of your emotions, good luck!
Same Iâm getting good at demo but afraid doing live increase itâs complete different at the end of the day all these brokers and traders are scammers , like gambler firms all scumbags
I'm watching you from Istanbul turkey
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Hello,you can trade on forex with your phone while at home,do you need help?
Does 1% risk refer to lot size or stop loss/entry point? Eg if you have a $100 account your stop loss should be no more than $1?
That's exactly what it means. If you are trading a $500 account you should only risk what you can afford to loose. Most experienced traders risk between 0.25% - 2% depending on your risk maganement strategy. In other words $2.50 - $10
THEN U HAVE TO U CENT ACCOUNTS
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
hey i have been following this channel for month now. and followed your advise based on that i developed a stragedy that trades at 1% risk and on backtesting it did very well, i then programed it to an ea and backtested it by computer for the last 15 years! on 5 pairs. and it did exactly as you said in the video averaged 100% profit a year. i would love to send it to andrew to test it out for me to see if i am fooling myself or i have hit a goldmine...
Can i turn a 1000$ account to 100,000 in 5 years through compounding if i checked all the boxes of good trader?? Please????
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
Yes
Excuse my noobie question, if u invested an amount and the price drops and keeps dropping why not just wait a few days until it rises again and leave with no loss?
what if the price drops even more and stays low for a long long time? wouldn't it be better if u just take an exit on the trade with loss but make a profit on next trade and cover the loss or make a bit more?? also, u need to pay something called overnight fee for holding your trades overnight.
leverage...youll blow your account wide open
you will run out of margin. It happens all the time. Consider a hedging strategy when your trade gets to say, 10% loss.
I really enjoyed this video of yours,but I want to ask if it's okay to take up to 3 trades in a day and risk 1-2% on each, would that be too much as that is a potential 6% risk on my account
Not forgetting there's a chance to not loose all 3 trades
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100$ has to be always leveraged! Is it correct that the minimum without leverage is 1000$? If this is correct then to avoid leverage and play only the 1% you need minimum 100000$ account! That's a lot!!!
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
@@andersonmclean3074 WHY YOU SPAMMING WHO DO YOU WORK FOR
@@dieselviper7811 am not working for anyone,but rather am just offering my advice bro
How much time do i need to prove consistent return to be able to fidn people that fund me
Hello where are you from?
@@rubyedna3585 Mexico
@@PepeTostado I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
@@andersonmclean3074 Yes, it would be great
I make a lot from forex signals
I just made $20,000
If your capital is little trading with companies like blockspace is the best
Hi John, i am Vidal and i need a mentor in Forex Trading. Can u help please?
@@Calitrader7 I can't mentor you but I can refer you to blockspace option company,, they can help you trade and generate weekly profit,, the good thing about them is that you will also gain experience from their trading signals
You got a subscriber sir â€ïžâ€ïžâ€ïž Nigerian đłđŹ
Thank you for subscribing Don, stay tuned for more!
I have a an account less than $300 with OANDA. I've lost almost half of it, after losing almost $20k in the demo acct. But having actual skin in the game with a live account made all the difference. You learn to trade or you lose everything. So I learn. And have learned. I've had only a couple big moves I could capitalize on, but most are within 40-60 pips. Nothing to sneeze at, but not huge. Until you factor in the learning curve. Then it becomes invaluable. Especially when I keep hearing major players saying they blew their accounts at least a couple of times before they got the hang of it.
Thanks for your comment, William.
What leverage ratio would you recommend to trade a small account?
Very interested
Thanks for your comment, Ibrahim. More videos to come.
my target is >15% a month
Hi Oberst, please visit www.forexsignals.com for more information.
How about $10000? Is that a good starting point?
@@ForexSignalsTV if you're not too busy would you kindly elaborate. Please.
IF UR A NEWBIE THEN READY TO GIVE IT TO THE MARKET.
I would say no, start with a small amount. The smaller it is the more you can learn since you won't get stressed or anxious when the market moves against you.
Once you manage to turn 50 bucks into 100, you can also turn 10k into 20k.
Hope you didn't blow your account by now.
@@beachboy8842 thank you for that Information.đ€đ
Were can I get people to invest.. I have a track record
Hey, can you manage a small account of 200$-300$ profit 50/50
@@isiakamusa3933 hey sorry is to small to actually make something.. be careful telling other people to do this for you they will say yes to take your money..I know you probably so my channel and just Becarefull.. I am building a course that I promise it will teach you everything in learn and you will also be with me trading everyday and I would be guiding.. if you would like this just let me know.. what I will teach almost no one is teaching I am a man of God I will teach the real way to trade..
@@levantateyora9317 I'm interested
@@vontak59 in the course?
@@levantateyora9317 yes. its a paid course ?
I have $50 now. That's all money I have now. :D Let's see what can I do. I'll be back soon.
When you are back make sure you let me know so you can start making money from fx trading
@@forexsignalstv1794 sir I really love your videos. I'll need some help to....but is there anyway I can get you?
@@forexsignalstv1794
Thanks!
I started forex trading in 2015, but unfortunately I have lost thousands of euros since then. But I never give up. When I have money, I immediately invest and try again.
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Which broker do you recommend? Its a jungle out there, and from this video I learned why they keep calling me from the ones i signed up with.
Yes get good at it then you can get in a prop firm. Its the only way to succeed in this business
Thanks for watching Charles
Youâre not going to be giving up your job with a 500k account? Was that a fumble or was it supposed to be 500-1000 dollar account
Are you a day trader?
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Forex and cryptocurrency trading are really helping lives during this pandemic...Iâm glad to be part of those who benefitted from investing
I lossed $750 to Forex trading, maybe I'm not lucky.
which site you invested?
I believe compounding formula (your first example) should have 11 months and not 12 in power, as you start with 1.05.
You are wrong. He is calculating it as a one year rate. The formula is perfect. With respect, unless youâve studied university business math, you shouldnât comment.
Mine is to quit my day job...
Where are you from
Don't quit your job except if you are positive about your next venture,,, try trading with blockspace
1.5% of the capital, but only on a high time frame.
New update
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Thanks I'm a biginner
You're welcome! Thanks for watching our videos. Stay tuned for more.
Can I request Another Day in Paradise?
Thank you for commenting!
This video has opened a major mental block for me. I appreciate your honesty and no bs approach. Thank you.
We are very glad to be helpful! Stay tuned for more.
You can but it will take a very long time lol
I open account 20dollar in octafx and now I have 83 dollar account đđ but they took ,3.5 month but I get experience đđđ .
Now iam gong to 400 dollar account
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
I will advise you to look for a professional trader who can explain everything to you and help you trade. Do you need help?
Great video mate.
Glad you enjoyed it!
Interesting and informative đŻđČ
Glad you found it useful! Thank you for watching!
me compounding lost
đ
Man! You are awesome and thank you.
Thank you for your feedback! Stay tuned for more.
I made big profits from $50 but its like gambling. I lost all of it one day.
Where are you from
How about I introduce you to someone who assisted me with trading and taught me risk management
@@wiseone6926 no need for that. I know how to trade. Thanks anyway
Investing in crypto now is really cool especially with the current rise in the market now
You're right sir
Her success story is everywhere
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Whatever document or C.v I can provide pls sir
Hi there! Feel free to email us at support@forexsignals.com and we will reach you out!
Pls sir I so much appreciate you for all your efforts to make sure we understand every step. Can you be my financial mentor pls pls pls am stocked pls
Hi there! Let's get you started! Feel free to contact our live support at www.forexsignals.com/ or send an email to support@forexsignals.com.
No you cant
Finally a honest trader with good info. Thank you
You're most welcome, Perry. Stay tuned for more.