How Much Money Do I Need To Start Trading The Foreign Exchange Market

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  • čas přidán 23. 08. 2024

Komentáře • 110

  • @johnadindueme6364
    @johnadindueme6364 Před 2 lety +11

    Thank you for the info. No doubt, quitting my job to trade FX in 2019 was a mistake. Now I know better.

  • @dannybonte7500
    @dannybonte7500 Před 2 lety +3

    Man this is amazing quality content. Worth million. Bless you Dapo

  • @nalabhembe3085
    @nalabhembe3085 Před 4 lety +4

    I think this is the most realistic presentation I have heard on forex, thanks a lot Sir

  • @AsinguraGodwin
    @AsinguraGodwin Před 7 měsíci +1

    Wow dapo that is a good explanation

  • @JaHaYaHaJa
    @JaHaYaHaJa Před 10 dny

    I heard a lot of advices on trading, but the investor part sounds very interesting because I always think I can grow my own account as much as I want once I'm consistent, thanks for the info!

  • @harveymusonda3230
    @harveymusonda3230 Před 2 měsíci

    Very insightful. A great secret to attracting investors

  • @khalidiliyas8089
    @khalidiliyas8089 Před 3 lety +3

    God bless u for this mentorship advice

  • @pharofreywin3929
    @pharofreywin3929 Před 2 lety +1

    Thank you Dapo. . Dont worry about the rough start with the white board. Your content is amazing

  • @celesteukam
    @celesteukam Před 4 lety +1

    Some of us are here to confirm what we already know and also check for new info. Nice work👍

    • @peregbaomie724
      @peregbaomie724 Před 3 lety

      Good evening how can I get your materials boss Dapo I'm a beginner, using MetaTrader4

  • @victorjohn4596
    @victorjohn4596 Před 6 měsíci +1

    watched❤

  • @love83forever
    @love83forever Před 2 lety

    Much respect to your grandad for leaving you something. 🙏

  • @coinbaker3526
    @coinbaker3526 Před 2 lety +1

    Great insight Daps

  • @engr.ugochukwuejiofor7043

    Interesting! I wish I knew all these before embarking on my first trading. You are good.

  • @danielhassandanbaba7201
    @danielhassandanbaba7201 Před 3 lety +1

    Hi Dapo. Please kindly make a video on customizing trading view?

  • @SegunShabazAbatanEntertains

    Great lecture, and realistic advice

  • @Princemichael37
    @Princemichael37 Před 2 měsíci

    Wow I learned a lot sir 😊 thanks

  • @chinedudickson4236
    @chinedudickson4236 Před 7 měsíci

    Great video

  • @olusegunowolabi2732
    @olusegunowolabi2732 Před 4 lety +2

    Well-done Mr. Dapo... experience is really good though...we sef we're coming 😅🙌🙌🙌

  • @cleverneedam7260
    @cleverneedam7260 Před rokem

    Thank you so much for the knowledge Mr Dapo. This is really enlightened

  • @asaeloho1261
    @asaeloho1261 Před rokem

    Thanks Daps you are a life saver, God bless you a million times

  • @EmmanuelAyeniTV
    @EmmanuelAyeniTV Před rokem

    Thanks for sharing timeless value. Great philosophy here

  • @roundgudlanga2922
    @roundgudlanga2922 Před rokem

    Depo, thank you for this insightful video.

  • @minertuntha2196
    @minertuntha2196 Před 5 měsíci

    Thanks a lot.

  • @MerelamA
    @MerelamA Před 6 měsíci

    Amazing video!!

  • @jamespurplseal2199
    @jamespurplseal2199 Před rokem

    Great

  • @pereakah7953
    @pereakah7953 Před 2 lety

    Weldone BOSS Dapo 👍 Seriously riding on your knowledge from your CZcams channel here.

  • @terianospconcepts6466

    Thanks for this advice man

  • @lovethogechiigboechieonwu7766

    Thank you so much Boss Dapo🙏🙏🙏 this clip just reset my mindset about trading.... I'm super grateful

  • @fredkellykiggundu4584
    @fredkellykiggundu4584 Před 2 lety

    Hello oga thañk you so much for brilliant advice.to is my first time to meet you on CZcams.and I have enjoyed what you are doing.this has been a question I have been asking people for some. How much do need to start with.
    Now you have answered me.

  • @taiwoamodu6970
    @taiwoamodu6970 Před 4 lety +1

    I totally agree with you dapsy 👌

  • @Arabfx01
    @Arabfx01 Před 3 lety

    Honestly speaking I’ve come across many videos about forex training, I must say you are the best❤️❤️❤️ I pray I’ll have a chance to meet you in person soon day

  • @mzwahmzwah7502
    @mzwahmzwah7502 Před 2 lety

    Wow I lik to trade but I did not know well bt your teaching skill give mie hop tnx

  • @SmartAT
    @SmartAT Před 2 lety +1

    Realistic Risk Management approach

  • @okwyfrank6726
    @okwyfrank6726 Před 2 lety

    I'm excited watching your videos kudos

  • @raphaelagholor5175
    @raphaelagholor5175 Před rokem

    Your teaching is excellent, I have viewed some of your other videos. You flow very well.
    I would like to make this one request, please suggest one or two brokers for us.
    This is most important, because if one is trading with a scam broker( and there are thousands of them out there), there is no way the person can make the profit you talked about. Even if they allow you to make the profit, they will not allow you to withdraw it, including the capital.
    So, please recommend a few brokers for us.

  • @user-fx5mb7kk7t
    @user-fx5mb7kk7t Před 11 měsíci

    Amazing

  • @abbiemaps4682
    @abbiemaps4682 Před 2 lety

    Thank you so much i wish i listened to this advice when i started.

  • @ekeamadijacob619
    @ekeamadijacob619 Před 2 lety +1

    Very helpful. Thanks you Sir

  • @TeikoGooddy
    @TeikoGooddy Před 10 měsíci

    Thank you

  • @luqmanbabalola7978
    @luqmanbabalola7978 Před 2 lety

    Thanks. Very helpful.

  • @favourfxtv
    @favourfxtv Před rokem

    ❤ ,thanks.

  • @firstpoint8937
    @firstpoint8937 Před 4 lety

    Well done this was cool man

  • @regreg9411
    @regreg9411 Před 2 lety +1

    If you are in the USA and using a broker with 1:50 leverage what should be the starting capital?

  • @ayodejiigbinlola6902
    @ayodejiigbinlola6902 Před 3 lety

    Pretty much helpful.
    Thanks boss

  • @efeurhobo8143
    @efeurhobo8143 Před 4 lety

    Thank you very much for this Dapo and please i need to get your material on the Technical analysis,Trader and Marke t psychology etc

  • @peternjeru9727
    @peternjeru9727 Před 2 lety +1

    Very enlightening content Dapo. Thanks a lot. How would you advise someone like me to trade who does not have a formal job and so is already taking trading as a profession and at the same time works with your example of disposable $1k?

  • @stanmetricstanmetric1169

    Precise,honest.Not like the hype you hear on most channels

  • @olakunleearnest
    @olakunleearnest Před 2 lety +2

    This is amazing and awesome but I want to ask so I’m trading with $1000 and risking 3% per trade , what lot size to use and how to know exact 3% pips to set the stop loss

    • @easypeasytrading
      @easypeasytrading Před 2 lety +10

      It depends on the size of your stop loss
      Example 3% of 1000 is 30 dollars,
      So for a 30 pip sl you can trade 0.10 or $1 per pip.
      Same 30 dollars with a 45 pip sl you can only trade 0.06 or 60cents per pip
      So the formula is the value of your (3% ÷ your stop loss= lot size)

  • @corneliuseniola8313
    @corneliuseniola8313 Před 4 lety

    Thank you for this video. It was really enlightening.

  • @peterkatukagary6498
    @peterkatukagary6498 Před 3 lety

    awesome, nice analysis, hope for more from you thanks a lot

  • @brightnyecheoboni8778

    It's Dapsi radios baby!!!

  • @michaelebuka7286
    @michaelebuka7286 Před 4 lety

    Boss -》 this video is awesome 🔥🔥and very helpful ,
    Indeed advanced course has already began, Sir thank you. 👍👍

  • @onuhgodwin4522
    @onuhgodwin4522 Před 4 lety

    Great video Dapsy.

  • @samueloluwashinayoogundana4954

    Good day boss, where can I buy the forex mastery course?

  • @eytradinghub
    @eytradinghub Před rokem

    Your strategies are super and efficient

  • @isabellaetuk2410
    @isabellaetuk2410 Před 4 lety

    Thank you video this helpful

  • @berniesilva1901
    @berniesilva1901 Před rokem

    Thanks so much..Sir..

  • @jeffreyjmali1376
    @jeffreyjmali1376 Před 2 lety

    Kudos 🙌❤️

  • @harrisonchukwuka4838
    @harrisonchukwuka4838 Před 2 lety +2

    Risk 3% for 10% then Trade twice a month

  • @Felicia1122
    @Felicia1122 Před 2 lety

    You can make money on your own money. Try colors and learn the systems and do a demo acct. It is possible and 500 min. My sister demo goal is 2000 a day. She buy or sell .01 or .10

  • @OkonkwoMichael-wg8vq
    @OkonkwoMichael-wg8vq Před 20 dny

    i want to learn trading sir

  • @andiswamgazie805
    @andiswamgazie805 Před 2 lety

    Goodday. Do you by any chance have a one on one session sir ??

  • @emmaorusachima4160
    @emmaorusachima4160 Před 2 lety

    I don't believe most forex traders, who sell courses, because they talk like someone doing advert, but I believe u, something tells me u are saying it as it should be.

  • @akinniyionirichard7309

    You are the man, I like 👍 you

  • @isaackolade6296
    @isaackolade6296 Před 2 lety

    thanks for the awesome Video. your handwriting is good eii🙂.
    but seriously o if I loose $1000 in 9ja rn, amma die ooo🤣🤣🤣🤣

  • @basityunus7498
    @basityunus7498 Před 3 lety

    Nice class

  • @Risingstars009
    @Risingstars009 Před 2 lety +1

    Thanks for the video bro, but I have a question, for a person trading the foreign exchange market with $1000 what do you think will be your lots size and how many positions do you think it's appropriate for trading

    • @emmanuelamu240
      @emmanuelamu240 Před 2 lety

      Getting a sniper entry is key if you know what ur doing. 0.5 is reasonable.

  • @pathegreat5973
    @pathegreat5973 Před 3 lety

    Wow, you are the truth!

  • @arowoloabass6753
    @arowoloabass6753 Před 2 lety

    Good morning Mr Dapo, I want to learn details and fact about FOREX TRADING. Am a teacher, How can you help me Mr Dapo?

  • @benelyplantainchips
    @benelyplantainchips Před 4 lety

    Thanks

  • @davidolaiya4118
    @davidolaiya4118 Před 3 lety

    Good job.But my question is how do you manage risk with this explanation? 3 percent to 10 percent will not always come out positive,or you have specific trade you take twice?

    • @markmorgan1364
      @markmorgan1364 Před 2 lety

      All you have to do is master a certain currency pair using lot size of your comfort then you are good to go.

  • @efenuduclement2743
    @efenuduclement2743 Před 4 lety

    Mr Dapo, this is my first time of watching ur video. I appreciate ur lecture. Pls permit me to align with you so as to be well grounded in forex. Will you agree to be my mentor? Thank you. From Clem.

  • @chrisedward1149
    @chrisedward1149 Před 3 lety

    Thanks boss

  • @nwosuchristianchidiebere2807

    Please I need mentoring this FX trading. Thanks

  • @justinkaycee4099
    @justinkaycee4099 Před 4 lety

    Good day Mr Dapo, I have listened to many of ur videos, honestly u ar amazing in this industry.
    I have a question please, is using leverage bad for a Forex trader and how what leverage percentage is ideal?

    • @dapowillisforex
      @dapowillisforex  Před 4 lety +1

      Justin Kaycee For small account sizes, leverage dosen’t really mean much! Standard 1:200 is fine

    • @justinkaycee4099
      @justinkaycee4099 Před 4 lety

      @@dapowillisforex thanks greatly, I will soon subscribe to ur Forex mastery course.

  • @kennyemmanuel1943
    @kennyemmanuel1943 Před 2 lety

    This is the most realistic video for a wannabes

  • @Monk14570
    @Monk14570 Před 4 měsíci

    How can we contact you if we already have a portfolio looking like this 😢
    There are alot of skilled traders that are not privileged to meet investors

  • @citykeyz7841
    @citykeyz7841 Před rokem

    This part is funny asf 😂4:19

  • @ogbonnapaul1254
    @ogbonnapaul1254 Před 8 měsíci

    Nigerian youths finds it hard to get a thousand dollar 😢

  • @sunnybrightmedia
    @sunnybrightmedia Před 2 lety

    Can I have a link to the forex site to start trading

  • @grantonuoha2870
    @grantonuoha2870 Před rokem

    😎😎😎😎😎😎😎

  • @mazi914
    @mazi914 Před 2 lety

    I want to join the telegram group

  • @siyandalucas7098
    @siyandalucas7098 Před 2 lety

    Sir can you please 🙏🙏 be my mentor

  • @believeme5903
    @believeme5903 Před 2 lety

    HEY, the industry standard is 2% risk. In forex, remember the currencies are in name, pound yen, dollar cad, kiwi dollar, swiss euro, etc. So you are a self-professed forex millionaire but you really don't speak like one, are you for real. Well, why don't you just tell us your methodology instead of trying to get into our pocket?

  • @sportsalley5603
    @sportsalley5603 Před 2 lety

    Thanks sir….