How I Became a Consistently Profitable Trader & How Long it Took! 😅

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  • čas přidán 5. 09. 2024
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Komentáře • 1,2K

  • @TraderNick
    @TraderNick  Před rokem

    Join our FREE Discord!
    form.jotform.com/222813471098155

  • @SwornInvictus
    @SwornInvictus Před 4 lety +1546

    Just dont quit guys, this is a long game. It's really difficult, and we will all fail in the beginning however.. One day it will just 'click' and you can really begin the climb to success. That was my experience.

    • @samrastagar8554
      @samrastagar8554 Před 4 lety +13

      Nice bro how long did it take you?

    • @applestrudelshawarma
      @applestrudelshawarma Před 4 lety +23

      thanks. this is very uplifting.

    • @alinavalencia9246
      @alinavalencia9246 Před 4 lety +10

      Thanks! You really encourage me because somethimes.....

    • @lorenzophala9784
      @lorenzophala9784 Před 4 lety +16

      Andyrfa 😂😂wooooow.. rich is probably just money to you?. The man is successful, that’s rich.

    • @steveharrison9392
      @steveharrison9392 Před 4 lety +7

      This is one of the simplest comment I have come across. Very real, work hard seek knowledge on what you are doing. That's what Money Circle is all about, empowering trader's to make profit.

  • @usmantoor8572
    @usmantoor8572 Před 4 lety +1094

    my motivation is freedom...

    • @Nichalson
      @Nichalson Před 4 lety +7

      power

    • @jisiljames6268
      @jisiljames6268 Před 4 lety +24

      Freedom is everything

    • @CuLLuMM
      @CuLLuMM Před 4 lety +9

      thats my passion to suceed

    • @yarasr2267
      @yarasr2267 Před 4 lety +9

      It takes time but it's worh it.

    • @steveharrison9392
      @steveharrison9392 Před 4 lety +11

      Freedom is money, if you don't have it you suck. That's why we're Trading with a group that gives us the chance to be free.

  • @shr3dgaming905
    @shr3dgaming905 Před 4 lety +197

    It takes many years, late nights, days where you just want to curl into a ball and die, but eventually learning about all this stuff makes you a wiser person as well. You gain a better understand of how society works from reading about markets, products, trade, money, money philosophy, etc. Trade charts alone tell a story about life.

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920...

    • @akaamzar7083
      @akaamzar7083 Před 3 lety +1

      yeah

    • @ogiegall
      @ogiegall Před 3 lety +10

      the curl into a ball and die is so on point!

    • @zeen7899
      @zeen7899 Před 2 lety

      Not if ur enjoying the process

    • @ABAtrading
      @ABAtrading Před 2 lety +3

      @@ogiegall me right now

  • @Journe2God
    @Journe2God Před 3 lety +11

    I realized after 2/3 years of trading that RISK MANAGEMENT & Psychology/discipline is absolutely necessary in trading YOU WILL NOT BE PROFITABLE, ima say that again you will NOT be profitable without those 3 simple rules & I mean it. Trust me folks listen to him. Study the markets & I mean STUDY like actually study the basics, certain reversal patterns/candles , back test , fundamental, technical … all of that boring shit yes study it all & I mean soak in all the knowledge. Risk 1-3% I know I know it sucks when you got a small account because the profits are small but please I beg you for YOUR sake just do it & continue to deposit money into your account eventually 1-3% will be a decent amount of profit. Couple hundred /thousand bucks. Just do it folks. This takes time it’s a marathon not a sprint & from my experience I say focus on the higher timeframes. Weekly,daily,4hr good luck you’re gonna need it👍🏾🍀

  • @cobyandcoby8556
    @cobyandcoby8556 Před rokem +147

    Thank you Nick for the reality check and the massive lesson on risk management. I am new to day trading, but was a long term investor/swing trader before. I’m glad I came across your channel and content.
    I’ll revisit this message in a few years and provide an update on how I am doing!
    Good luck everyone and may we make generational wealth!!

    • @andrewmarias1719
      @andrewmarias1719 Před rokem +2

      How have your trade been going????

    • @Johnny-of6zf
      @Johnny-of6zf Před rokem

      ​@@andrewmarias1719 😂Lol I make so much profit under Demo account but in real account you encounter a lot of losses.

    • @RamanSingh-tt8zi
      @RamanSingh-tt8zi Před rokem

      ​@@Johnny-of6zf 😂😂😂😂 so true man. I opened a real account with 10,000 usd just because of the profit I made in demo thinking I have known it all. I lost everything with time 😢

    • @andrewmarias1719
      @andrewmarias1719 Před rokem +2

      @@RamanSingh-tt8zi I understand your pain bro. That’s because demo account is based on principle of the market. In demo account, your technical analysis always work out, if it’s going high it will keep going high until trend is broken. If it’s falling same way till it’s broken.

    • @andrewmarias1719
      @andrewmarias1719 Před rokem

      @@RamanSingh-tt8zi But In Real Account, technical analysis is not enough. Fundamental analysis needs to come in, the News have a great effect on the market, the Feds too, the entire investing market affects the forex market, inflation affects it.
      Sadly You need to gear all this up in real time to be a professional trader.

  • @tradingkernel
    @tradingkernel Před 4 lety +189

    It's all about consistency, I Think the real difference is when you learn to become immune, responsible and accountable for your losses

  • @charlottetovell2349
    @charlottetovell2349 Před 2 lety +11

    We work for 40yrs to have $1M in our retirement, meanwhile some people are putting just $10k in a meme coin for months ago and now they are multimillionaires power of digital currency.

    • @jayfrancis1519
      @jayfrancis1519 Před 2 lety

      Appreciate this video..This exactly what I need as a start-up

    • @josephinej.hodges5715
      @josephinej.hodges5715 Před 2 lety

      Never knew trade could be so challenging.

    • @nouelruel9963
      @nouelruel9963 Před 2 lety

      Who else think this trade is kinda easy but is way to nervous to start.

    • @mikkeln.jespersen9947
      @mikkeln.jespersen9947 Před 2 lety

      @@nouelruel9963 if you know there is one of this changes in trade gain's is not always assured

    • @maxmocatta814
      @maxmocatta814 Před 2 lety

      Growing in trade requires time and Patience.

  • @lpswarriorfan1868
    @lpswarriorfan1868 Před 4 lety +753

    "A good trader feels nothing when they lose. A great trader feels nothing when they win." -Bobby Axelrod

    • @Journe2God
      @Journe2God Před 3 lety +9

      This is the truth. I’m not even phased on winners or losers. You HAVE to become a great loser

    • @christianbello7583
      @christianbello7583 Před 3 lety +4

      Agree with this 100% the moment I started being profitable was when my emotions where in control in a win/loose situation. It's just about the trade and the move. Money is the outcome not the primary concern.

    • @investor.z
      @investor.z Před 3 lety +2

      lol cringe. 100% of that characters big winning trades were done illegal using sabotage, insider information, or other illegal means. Go re-watch the show and you'll notice that. Way to take advice from a fictional character who isn't even legitimately a good trader, he's a good criminal. If you want to take away a lesson from the show, that's probably it.

    • @lpswarriorfan1868
      @lpswarriorfan1868 Před 3 lety +3

      @@investor.z So? It's still a great quote. So is, "It's 90% half mental." and that one doesn't even make sense!

    • @terryshanburn1233
      @terryshanburn1233 Před 2 lety

      Wow yeah I agree with this %1,000

  • @elvinmiguel4600
    @elvinmiguel4600 Před 4 lety +51

    risk management its the most powerful thing i learned win forex, its such a simple thing but a lot fail to learn it,and i like how nick reminds always of that.

    • @enterthecryptomatrix8790
      @enterthecryptomatrix8790 Před 3 lety

      Thanks for the feedback _for more guidance____&&&&&&&
      +1...(8••4••7••7••5••6••1••5••6•4)
      W.h.a.t.s.a.p.p.... me:-__

  • @gothanram
    @gothanram Před 3 lety +62

    hey Nick..you are just 23, believe me, you have a maturity and understanding of a 50 year old...thanks for sharing pal

    • @TraderNick
      @TraderNick  Před 3 lety +5

      Thanks for the kind words Gothan :)

  • @vanessakretschmar2478
    @vanessakretschmar2478 Před 3 lety +101

    Earn as much as you can, save as much as you can, invest as much as you can, give as much as you can

    • @williamssandra409
      @williamssandra409 Před 3 lety

      Cryptocurrency,forex is a big chance to make money nowadays, if you can't see that at this point is time you learn more about it

    • @adammartin8556
      @adammartin8556 Před 3 lety

      Trusting Mrs Melissa with handling my investment was one of the best thing I did for myself, you stand to monitor your investment and request payout at any time.

    • @jefferyderrick3530
      @jefferyderrick3530 Před 3 lety

      Trading with Mrs Melissa forex has been magical, credible and profitable to me and am looking forward to another successful month with her again🔥🔥

    • @alvinbryan5716
      @alvinbryan5716 Před 3 lety

      I think am blessed because if not I wouldn't have met someone who is as spectacular as Mrs Melissa

    • @kingromibisof8695
      @kingromibisof8695 Před 3 lety

      I have made voluminous profits in forex through the help of expert mrs melissa

  • @aronmatjila9719
    @aronmatjila9719 Před 2 lety +1

    Your 100% correct about the glamour portrayal being unrealistic. It's misleading advertisement.

  • @darienbalkaran6065
    @darienbalkaran6065 Před 4 lety +137

    I want to see myself with a lifestyle of freedom and having my kids the life that I want for them

    • @Nichalson
      @Nichalson Před 4 lety +3

      I feel that. Hopefully you can achieve that

    • @choysyu
      @choysyu Před 4 lety +1

      Same here

    • @minyakargan1438
      @minyakargan1438 Před 4 lety +1

      yes.i feel it in dream

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920..

    • @hintixmotivation5852
      @hintixmotivation5852 Před 3 lety

      That’s what motivate me the most

  • @demetrisehata9792
    @demetrisehata9792 Před 4 lety +61

    I have been seriously gotten into trading for 1,5 years and now I have my own method on trading which is not only profitable but as well as it suits who I am and what I do. It is crazy how you see before not knowing anything and trying to just make money. But now I don't care about money. I care about my plan.

  • @Jr-mr2jk
    @Jr-mr2jk Před 4 lety +418

    My inspiration is my wife and i want a better life for her.

  • @PratikKamble1998
    @PratikKamble1998 Před 4 lety +41

    The most beautifully put video about trading I've seen.

    • @PratikKamble1998
      @PratikKamble1998 Před 4 lety

      Would you be interested in collaborating on a potential algorithmic trading series?

  • @GESEPPI19
    @GESEPPI19 Před 3 lety +40

    I love this game, love learning it. It has become my passion. And my driving force behind it is to provide a better life for my wife and kids. I love them so much and want to give them the best life possible.

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @hienhouseguruvietnam9463
    @hienhouseguruvietnam9463 Před 2 lety +3

    You are the first forex trader i ever seen that not boast about luxurious life style. I think all traders can relate what you share that i feel trustworthy . :)

  • @judithknights-rayson9284
    @judithknights-rayson9284 Před 2 lety +14

    I like your eye-to-eye basic conversational style! I'm new at trading and only just beginning to make small consistent wins.
    It is imperative to understanding YOU ALONE are responsible TO you yourself FOR ALL YOUR DECISIONS and ACTIONS. Being willing to accept the times of FAMINE as well as the times of feasting, is vital.
    In my country we build houses with bricks. Each brick is individually set in place with a good slop of cement and lined up with the others before the next brick is prepared. That is what I want my mindset to be. Enough bricks settled in concrete will eventually build me a secure house on a good foundation ---I hope!
    So, for now, I'm in fasting mode. The money must build money..

  • @MarketManiaCA
    @MarketManiaCA Před 2 lety +17

    What clicked for me was when I realized overcomplicating things was part of what was holding me back. I found that the simplest strategies actually worked and you just have to be consistent in the way that you show up every day despite fear telling you "don't trade today" after a losing streak. Trading on demo for a good amount of time is also very key. It's the best way to learn price action. Another thing is to use a trading simulator as you can focus more and you don't have to wait every day for lets say market open. You can trade 50 market opens in a weekend and gain experience that would have took you more than 50 days. Start by focussing on a specific time of day on a specific instrument. This goes hand in hand with not overcomplicating things. Once you get the hang of one it all slots together trust me.

    • @ankitshaw3434
      @ankitshaw3434 Před 2 lety

      That's a great advice my man🙏

    • @MarketManiaCA
      @MarketManiaCA Před 2 lety

      @@ankitshaw3434 Thanks appreciate it. Hope it helps.

    • @GeishaDoll
      @GeishaDoll Před 2 lety

      Where do you find a good market simulator? Or what’s the one you used called?? Sounds like a great idea I didn’t even know these existed!!! Thanks for your comments

    • @oakinogundeji
      @oakinogundeji Před rokem +1

      i totally agree with you about the simulator - believe me, it makes all the difference. demo doesn't compare. i believe demo is good for ideation, the simulator to validate or discard, a small live account to refine psychology and emotional control before taking the plunge. TBH the strategy is the smallest component of successful trading.

  • @amandaguse2755
    @amandaguse2755 Před 3 lety +25

    Thank you for being down to earth and genuine. The materialistic stuff that money can buy is not what we're here to learn. NOT flashing what you've been blessed with is classy and builds trust with what you offer to your community. Thank you again!

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @choysyu
    @choysyu Před 4 lety +7

    I like the way he talks. For non-native in English, his way is clearly understandable. We can learn a lot from you.

  • @adityatewari1657
    @adityatewari1657 Před 2 lety +38

    As a fellow trader who has been in the market for more 1.5yrs, i thank you from the bottom of my heart ...because right now im 10 percent down my capital but slowly reaching my breakeven and videos like these help me see the light at the end of the tunnel.....also to anybody who is reading this i wish you all thw very best on your endeavors...

  • @vanessabruckner8306
    @vanessabruckner8306 Před 2 lety +17

    Recently Started trading offshore and got referred to Ryan, haven’t earned much yet but with what i have earned through him i acknowledged a lot, trading with Ryan is definitely the right choice to make

    • @vanessabruckner8306
      @vanessabruckner8306 Před 2 lety +3

      *What'sapp✙14076031571*

    • @wangying5427
      @wangying5427 Před 2 lety

      Speaking of forex trading, it’s the best business in the world right now

    • @changbill7271
      @changbill7271 Před 2 lety +1

      I know a couple of friends who make a whole lot of money trading in the financial market.

    • @valeriemelisende3731
      @valeriemelisende3731 Před 2 lety

      For real forex trading is a life changing business, Ryan changed my life, after my training classes with him

    • @weiminqiang9941
      @weiminqiang9941 Před 2 lety

      I thought of investing in forex last year and I’m ready but I’ll need a professional guide and assistance

  • @adriandmd
    @adriandmd Před 2 lety +8

    My trading coach taught me that the mkt is a mirror that reflects back everything that is wrong with us and our life! Fixed my life and personal issues over a 3 year period and finally became a FIRE retiree that swing trades & downhill skis all winter. Trading now pays for my heliskiing addiction. Both of these activities provide massive amounts of dopamine via being in the moment and in the zone. Which is great for a hedonist like me.

  • @Court21583
    @Court21583 Před 2 lety +9

    I have been trading for about three months now, and I am enjoying it so much.

  • @abdulrehman-lk1xz
    @abdulrehman-lk1xz Před 4 lety +146

    had u been an A student, you probably would be working at a 9 to 5 job somewhere. you should be glad that you were a B/C student.

    • @kayeaye9772
      @kayeaye9772 Před 4 lety +6

      Wise words...

    • @nate4476
      @nate4476 Před 4 lety +7

      @@MegaMalik90 totally agree. A students aren't A students cos they know about books more. They just have that will and ability to dominate

    • @PizzaTimex90
      @PizzaTimex90 Před 4 lety +1

      Andyrfa I’m fucking terrified of “jumbers”

    • @Fanmaster59
      @Fanmaster59 Před 4 lety +11

      @@MegaMalik90 since when has trading been a competition. nobody crushes anybody in this industry

    • @TeamXG582
      @TeamXG582 Před 4 lety +3

      Online trading..is only viable because it is fast..and offers leverage..you don't compete with anyone in forex but yourself..

  • @carolinagrayson2463
    @carolinagrayson2463 Před 3 lety +7

    Great video. But looking at the chain of distribution, The manufacturer is most important, so having a fixed asset guarantees nonstop turnover on all investment when it comes to forex and crypto investing but that takes alot of paperwork so the aim is stocks and the best Forex and stocks analyst I know is Mrs John Anderson for further insights on gradually owning shares without any third party or company bs

    • @isabellejames4861
      @isabellejames4861 Před 3 lety

      Sometimes I wonder if he's uses magic power to trade

    • @verajohnson6707
      @verajohnson6707 Před 3 lety

      I've never heard or seen any of he's client complain of lose.....I think he's just too perfect

    • @vivianpaul7269
      @vivianpaul7269 Před 3 lety

      I doubted it too before I gave it a try....and it was of no regret

    • @nolannicholas793
      @nolannicholas793 Před 3 lety

      Most people remain poor only because friends and relatives discouraged and advised them against investing and treading forex while the wise once kept investing and growing higher financially

    • @hudsonrobert7674
      @hudsonrobert7674 Před 3 lety

      Hey you're not far from making profits, he has take care of my account for month now..... I have 16 wins and 2 loses so far

  • @yangalusiti3521
    @yangalusiti3521 Před 3 lety +4

    def forex_trading ():
    if risk_management use
    return (profit)
    else
    Blow the account

    • @yangalusiti3521
      @yangalusiti3521 Před 3 lety

      @Phil Joa Yeah... I find it fitting to put it up there since he mentioned computer science

  • @risheelm4472
    @risheelm4472 Před 4 lety +16

    I can completely relate to your journey. I started learning at 20 years old now I am 22, from a computer science background and finally, I am getting more into the "process" rather than the result. But the only difference is If I am not wrong you use to save money by cutting grass and I don't have that option so I am saving money through some freelancing. Hopefully, I will become a consistently profitable trader.

  • @dammsonmartialartchampion8472

    Gonna share this man.....you are the real deal

  • @oluwatofunmibolawole1327
    @oluwatofunmibolawole1327 Před 3 lety +6

    This is literally the best trading video I've seen on CZcams. Exactly what I was looking for today...thanks a lot.

  • @curtisabrams1421
    @curtisabrams1421 Před 2 lety +2

    Someone once told me to follow the chart not my heart. And this changed my trading performance. Great video btw nick 👏

  • @prestokrs1
    @prestokrs1 Před 2 lety +13

    My journey was rough because I actually jumped right in and I did make money for about half a year and them I had a hard reality check for twice as long. So unfortunately I learned a very hard lesson and it was not easy to come back from.

  • @root.li.23
    @root.li.23 Před 3 lety +1

    Finally someone speaking logically and intelligently

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @Discovery_and_Change
    @Discovery_and_Change Před 2 lety +21

    2:42 Passion and dedication
    2:55 I messed up, made stupid mistakes and lost money
    3:13 Took me 2 years of constant study and work to become consistently profitable

  • @stagotam0147
    @stagotam0147 Před 3 lety +1

    I think all the flashiness is nonsense and a turnoff! Thanks for being humble and real!

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @christopherwalker4256
    @christopherwalker4256 Před 2 lety +10

    2-5 years is about right, took me 4. I feel sorry for the newbies that think it’s going to happen fast, it never does. Sure you can gamble and hit it big on a trade or two but to be in the game long term you really do have to treat it like a business. Nice video.

    • @zeen7899
      @zeen7899 Před 2 lety

      What took u 4 years

    • @christopherwalker4256
      @christopherwalker4256 Před 2 lety +1

      @@zeen7899 to become consistently profitable.

    • @zeen7899
      @zeen7899 Před 2 lety

      @@christopherwalker4256 cool, what was the secret ?

    • @christopherwalker4256
      @christopherwalker4256 Před 2 lety +3

      @@zeen7899 that’s a long conversation. But to sum it up, learn about the psychology of trading, that’s 95% of the game. And learn money management. If you don’t know these two aspects you will NEVER EVER EVER win at this game. And lastly large time frames. I trade the daily and 4hr timeframe, period. Anything less is noise. Just my opinion

    • @wavyboy2887
      @wavyboy2887 Před rokem

      Yea bro im 3 months in and learning price action and market structure with no indicators.. ppl became profitable in 6-12 months everybody different you can’t compare your journey to others thinking because it took YOU that long it will take everyone else the same bro…. Jus saying everybody has a different journey .. how determined are you? How much time do you have per day to study?Are you learning winning strategies? Are you learning from someone who IS profitable? Etc

  • @hilmymakarim
    @hilmymakarim Před 2 lety +1

    Wow 2 years!!

  • @badralbk4396
    @badralbk4396 Před 4 lety +12

    Never commented before, just wanted to tell you THANK YOU!

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920..

  • @jerrywong2091
    @jerrywong2091 Před 4 lety +5

    What got me wanting to learn trading is the freedom to trade anywhere in the world. Traditional business and real estate cannot do that.

  • @harveysmith2809
    @harveysmith2809 Před 3 lety +29

    Would love to hear of some examples where your 'investments' haven't paid off or have fallen through and how you managed it and what you learnt from it. I think that would be really helpful!

    • @roselydprice3575
      @roselydprice3575 Před 3 lety +1

      As a Forex trader,It's almost inevitable that you're going to experience some ups and downs along the way.Alertness and decisiveness are both fundamental ingredients in the recipe for a sucessful Forex trader

    • @alicemollet7181
      @alicemollet7181 Před 3 lety

      Excellent advice, since I got to understand how trading works better. I follow Mrs Bonita Mollet's rules and this has worked amazing for me. Diversify, dollar or pounds cost averaging investing method, portfolio re-balance every quarter and I've found a mix of managed and index funds has worked out the best for me

    • @erichummer4525
      @erichummer4525 Před 3 lety

      Wow its suprising to come across someone acquainted to Mrs Bonita Mollet,she has really changed my life.Thanks to my brother who referred me to her

    • @jessicafrenchellen2339
      @jessicafrenchellen2339 Před 3 lety

      Actually i just came across the comments about Mrs.Bonita and i must say she is a genius,i have made huge profits from my investment with her.Her strategies are top notch coupled with the efforts she puts in work to make profits

    • @monicabrookes7761
      @monicabrookes7761 Před 3 lety

      Yes thats true,You can only appreciate a person who tries to teach everyone how to invest and make profit on multiple ways

  • @Sut211
    @Sut211 Před 4 lety +36

    Thats so true i dont pay attention to the hype am just taking my time to learn

    • @Nichalson
      @Nichalson Před 4 lety

      just dont give up

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920.

  • @thabosiphiwemngoma4772
    @thabosiphiwemngoma4772 Před 2 lety +6

    I remember I used to dread watching Nick ruin my fallacy about trading. Yes fallacy! . Give this journey some time what he's talking about is timeless and fundamental. I will always be grateful Nick. This was not only sobering but awakening. Your advise is truly genuine and I can testify for this.

  • @Itstmera
    @Itstmera Před 3 lety +3

    This is real. No such thing as “fast money” when it comes to trading , you gotta put in the work. I’ve heard a few different people say it takes a year to be profitable. You gotta be willing to put in 1-3 years of consistent work in my opinion to get to mansions and lambo status. People , (including me at first), think it’s quick and they’ll get the hang of it & get a Benz in 5 months... that’s not just the way it works 😆. That’s why we get frustrated , we realize it’s not as quick and easy as the gurus make it seem. Patience if your friend!

  • @dwilkins1189
    @dwilkins1189 Před 3 lety +8

    Finally!! Someone who aint tryna sell a pipe dream!😩
    Sir! You got you a subscriber!

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @ronredmond
    @ronredmond Před 2 lety +2

    I am a consistently profitable Micro Futures trader and it has taken about 2 years as well..... Over 10,000 hours of staring at charts, easily.
    I am NOT a profitable Forex trader. I have tried and tried to no avail.
    We all certainly each have our own tastes for the market and what makes sense to each of us.
    It actually took me breaking down to creating a Dollar Cost Average bot that I programmed (computer geek myself) to realize what it took to trade as well. Small position size, risk management, and patience is the key.

  • @sergiomarcano9697
    @sergiomarcano9697 Před 4 lety +6

    I love trading too, been practicing for 3 months, burnt 4 demo accounts, but last week improving, but to be honest, my motivation is survival man , I live in Venezuela , our minimum wage is only $ 2 a month

    • @saranwright7113
      @saranwright7113 Před 4 lety +1

      Wow

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920.

  • @JesusMedina-ty6pi
    @JesusMedina-ty6pi Před 2 lety +2

    I’ve almost been day trading for 3 years and haven’t even come close to being profitable or break even. I just continue losing and want to quit. I know I’m not the smartest person in the world but ima keep pushing. It might take me 10+ years but I know I’ll make it one day

  • @mrd8597
    @mrd8597 Před 2 lety +3

    Risk analysis should be always on Top. Next part is Hedging practices which can actually let you feel the market not just trade

  • @AlexTradingTips
    @AlexTradingTips Před 2 lety +1

    Thank you for sharing 🤓 it took me over an year to find my trading style and simplify it, now i see charts in a new light compared to back then.

  • @philweekes9510
    @philweekes9510 Před 4 lety +10

    this intro has got to be the nicest way of shaming the fake forex gurus! haha

    • @cd-rom.
      @cd-rom. Před 3 lety

      lol check Always Marco’s video on this

  • @demo1234-w6l
    @demo1234-w6l Před 3 lety +1

    We need more honest ppl like you

  • @maryhillocks2223
    @maryhillocks2223 Před 3 lety +39

    Forex trading seems to be very difficult, I have studied and make good analysis on the market, I've also used trading bots and yet I still make loses, it's really frustrating but I'm going to keep my head up on it cos I see a lot of people winning from the forex market

    • @matthewlincoln7082
      @matthewlincoln7082 Před 3 lety +10

      Experience and a good amount of capital is required basically, to win and make profit and most cases guidance from a professional broker.

    • @amritaamshu2846
      @amritaamshu2846 Před 3 lety +8

      @@matthewlincoln7082 Well you are right but still I've a bitter sweet experience with this ''PROs'',

    • @matthewlincoln7082
      @matthewlincoln7082 Před 3 lety +6

      Well said, but there are experts who dedicate their time and resources and studied this different strategies and mastered them, this are people we should go for trading advice.

    • @amritaamshu2846
      @amritaamshu2846 Před 3 lety +5

      @@matthewlincoln7082 If you put it that way, it sorts of make sense

    • @lesliewilliam5356
      @lesliewilliam5356 Před 3 lety +7

      I totally agree with you on this, I have been trading for a year now.

  • @lukapetric8595
    @lukapetric8595 Před 3 lety +1

    You sir are very wise and practical and I root for you because of the way you think.

  • @kanafxtrader
    @kanafxtrader Před 4 lety +40

    "Trading in the zone" must read~

  • @samuelwantz8572
    @samuelwantz8572 Před 2 lety

    Do you know what day trading youtubers are the best to watch for learning the market (Day Trades)?

  • @bitboycryptoreplied7352
    @bitboycryptoreplied7352 Před 3 lety +4

    I think the pandemic has taught people the importance of multiple stream of income, unfortunately having a job doesnt mean financial freedom and security.

    • @kanglei9895
      @kanglei9895 Před 3 lety

      the zeal to start forex investment is really eating me up but I just don't know how to start earning from it.

    • @itsjimmy1704
      @itsjimmy1704 Před 3 lety

      🇱🇷+1 469 3 1< (2.2)

    • @itsjimmy1704
      @itsjimmy1704 Před 3 lety

      🇱🇷+1° 4° 6° 9° 3° 1° (2.2) 9° 7° 1

    • @itsjimmy1704
      @itsjimmy1704 Před 3 lety

      @Henry Fuller contact my broker on wtapp

    • @itsjimmy1704
      @itsjimmy1704 Před 3 lety

      Also @natashasophia_t'e'l'e'g'r'a'm""" "

  • @danreyna
    @danreyna Před 2 lety

    Finally, an approach to what Trading is, which is Sensato and Common Sense

  • @daniellimo4087
    @daniellimo4087 Před 4 lety +6

    I too learnt trading is about managing risks. There is a guy who aid that if you are not sleeping well at night, then your positions are too big

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920.

    • @archiesadventures24
      @archiesadventures24 Před 3 lety

      im that guy 😂 pours dripping from one pip move 🤣🤣

    • @pissonthe0fighteverybody276
      @pissonthe0fighteverybody276 Před 2 lety

      @@archiesadventures24 That made me laugh. Thanks

  • @user-wz7im4jh3p
    @user-wz7im4jh3p Před 2 lety +1

    And at the 6 minuts and 20 second he finally gets to the point..wow!!

  • @SpecialStories
    @SpecialStories Před 3 lety +4

    Thank you for your speech and motivation! I am 38 and I have just started trading very small account. Hopefully will update you a year or two from now on how I did.

  • @basshuntet6128
    @basshuntet6128 Před 4 lety +2

    In forex, what you need is not high profit but right process

  • @markmerritt3042
    @markmerritt3042 Před 4 lety +3

    Fellow software engineer here. I've been paper trading market replays for a while (after spending a bunch of money on courses) and realized that most of the strategies that were taught didn't work for me enough to become consistently profitable. My immediate reaction was that I must be an absolute idiot because these strategies work for other people, right? Well I came across "Trading in the Zone" by Mark Douglas, which I now listen to every morning on repeat. It's an amazing book about trading psychology. After a week or so of listening to it on repeat, picking up little things here and there, I realized that my problem was my intense need to be right all the time. After I stopped caring about being right my paper trading win percentage went up drastically and I'm starting live trading tomorrow as a result. All that to say great video!

    • @hilhil1811
      @hilhil1811 Před 3 lety

      Reading your reply 8 months after you wrote this...so did things turn around for you??? Curious please

  • @carloscuevas6744
    @carloscuevas6744 Před 2 lety +2

    This was like a breath of fresh air. Thank you

  • @kurt7228
    @kurt7228 Před 4 lety +6

    Thanks for being humble, the forex community is flooded with 'gurus' who sell forex courses and makes it seems super easy when in reality we need to treat it like a business and be disciplined to be profitable or it is just like gambling. Hope you the best!

  • @kishensoni6423
    @kishensoni6423 Před 3 lety +1

    Hey Nick, whats your view on spread betting and companies offering it?

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4...

  • @octoii2418
    @octoii2418 Před 3 lety +7

    Luxury items bring about emotion to the viewer, masked as "motivation" and practical steps bring about progress. One cant have emotion and progress at the same time, if you have emotion, you cant progress and if you are progressive you don't have time for emotion. So one needs to ask that question, I love your approach to trading, i want to learn trading and become really great at it, something tells me I've come to the right place.

  • @doncareanymore
    @doncareanymore Před 2 lety +1

    The presentation really motivated me! Thank you

  • @ReptileRaptureRR
    @ReptileRaptureRR Před 4 lety +7

    My motivation is passing down wealth to my lineage.

    • @Randomperson-ke7xh
      @Randomperson-ke7xh Před 4 lety

      @IDONTLOVEHATE 2222 how is the testing going?

    • @tradernick9355
      @tradernick9355 Před 3 lety

      Thanks for your feedback, for more guidance and gaining strategy, kindly drop a note now!!!.
      W••H••@••T••S••A••P••P
      + 19197928920....

  • @ikethunder2805
    @ikethunder2805 Před 4 lety +1

    nick is a honest man.... you will go far god willing

  • @TheEveen77
    @TheEveen77 Před 3 lety +8

    This is one of the best videos I have watched in my 1 year and 3 months of learning. It explains the harsh reality of trading that most people don’t see or are not up for. Great advice, great video.

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

    • @user-ct7ho5de3r
      @user-ct7ho5de3r Před 3 lety

      2 years later now? How is it going?

    • @TheEveen77
      @TheEveen77 Před 3 lety

      @@user-ct7ho5de3r awesome. Way more profitable than when i commented this. Thanks for asking!

    • @user-ct7ho5de3r
      @user-ct7ho5de3r Před 3 lety +1

      @@TheEveen77 Thats great to hear man :)

    • @TheEveen77
      @TheEveen77 Před 3 lety +1

      @@user-ct7ho5de3r yes! If you need any help or tips let me know. I love helping people out.

  • @anthonyokoli3095
    @anthonyokoli3095 Před 2 lety +2

    New traders need to focus on the charts not the flash.

  • @olivertaveras9896
    @olivertaveras9896 Před 4 lety +9

    Awesome video man! I've been trading for 4 years. That last stage is so tricky haha. Mastery of emotion!! Huge. I'm a mentor as well .swing trading. I'm excited for the people watching this

  • @johnmubenesha8685
    @johnmubenesha8685 Před 2 lety +1

    I finally truly understand the concepts in this video and its so satisfying

  • @lewiswebb1843
    @lewiswebb1843 Před 4 lety +3

    The real inspiration for myself is hearing the real stories with all the ups and downs! The process is real and it is what We should look forward to. The failures mould us into the people we want to become.

  • @osmash6744
    @osmash6744 Před 3 lety +2

    The true motivation is your consistency and your strategy (winner) and the risk management in this game the lambur is just a simple reward to enjoy

  • @chan400
    @chan400 Před 2 lety +3

    I liked every bit of the content.
    You have done it very fast, in two years. It took me 5 times longer to find my consistency.

  • @carlos111415
    @carlos111415 Před 2 lety +2

    First video I watched on your channel so far. Thank you. This helps and I can relate. Hopefully get there.

  • @oliverblemster7180
    @oliverblemster7180 Před 4 lety +9

    Hahaha about ten weeks in (and a few hundred hours of research and studying) of real money trading and after quitting ten times (and naturally losing everything too) this video makes me feel better. I’ve gotta say if I, in the most humble way possible, didn’t think I was smarter than the average person and needed to beat the system (as well as secure freedom) I would’ve left a while ago though.

  • @vengaivukomba2760
    @vengaivukomba2760 Před 4 lety +1

    Thank Nick You give me hope

  • @AJ-wp3pw
    @AJ-wp3pw Před 3 lety +39

    No one has a passion for something that they have never done before, or have just barely started doing, Nick. The passion comes after doing it for a long time and doing well at it. People have GOT to stop telling people to do what they are passionate about. This makes people pursue the things they have done before and liked, which is usually stuff one does in k-12 education. Painting, singing, etc. People should do what they have an aptitude for. These things will work out well for them. And then the passion will follow.

  • @Mahi-fb2nz
    @Mahi-fb2nz Před 4 lety +2

    I m of 27 and love to see your knowledge at 23
    Lots of love from India brother

  • @Stephen-yu6ht
    @Stephen-yu6ht Před 4 lety +5

    There's something about your videos that makes me calm and less greedy thanks

    • @TraderNick
      @TraderNick  Před 4 lety

      That's a really cool comment. Thanks!

    • @jayrob7555
      @jayrob7555 Před 4 lety

      @@TraderNick Funny, if you're consistently profitable, how come you can't show talkin options 4 profitable back to back quarters for 10k? Which is a verbal contract she created with you on the internet.
      If you can show 4 profitable back to back quarters and she doesn't pay, you can sue her. WHY NOT TAKE HER 10K IF YOU'RE CONSISTENTLY PROFITABLE??????

  • @killerbee8892
    @killerbee8892 Před 2 lety +4

    I’m just over a year in and just listening to your story.
    Iv subscribed off what iv heard 10 minutes in.
    Looking at where I am and where I want to be you have given some quality advice here to new traders.

  • @forextrading5228
    @forextrading5228 Před 3 lety

    It won’t take you a minute to figure someone is legitimate & honest. This guy is one of those

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety +1

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4...

  • @ghostrayu
    @ghostrayu Před 2 lety +4

    Backtesting is SUPER important and will drastically help your performance. Using a practice account until you’ve achieved 3+ months of profitable trading will save you thousands. Wishing all you guys best of luck 👌

  • @tlotlegokgatitsoe7861
    @tlotlegokgatitsoe7861 Před 3 lety +2

    Very transparent, thank you ❤

  • @Jav148
    @Jav148 Před 4 lety +32

    I’m 16 and my motivation is that when my friends are 30 graduating from becoming doctors I’m doing whatever the fuck I want with my money and already retired.

    • @allenwalter742
      @allenwalter742 Před 4 lety +1

      You still need to attend school

    • @j_yy
      @j_yy Před 4 lety

      yes haha my goal too

    • @Dreadnaught85
      @Dreadnaught85 Před 4 lety +4

      lol, dont be so narrow minded, you can actually do both

    • @HilmyA.S.
      @HilmyA.S. Před 3 lety +1

      You have to do both. There is no guarantee you will succeed in this, this is a very risky venture. Have some decent job, put away some money to learn and trade, if your trade earns more than your job, then you leave your job. Not the other way around

    • @Krdlaoia
      @Krdlaoia Před 3 lety

      By 30 you should not care about your friends at all and have your own set of friends who does as well as you

  • @Jbprojectsllc
    @Jbprojectsllc Před 3 lety +2

    I’ve been trading since 2016 and I don’t think anyone understands the passion and obsession of the markets

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

  • @parakhj911
    @parakhj911 Před 3 lety +3

    I needed this video please keep posting on how to accelerate our journey to become a successful full time trader and yes not just for the money but also to shorten the learning curve which is the most important than the end result.

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

    • @jwavy4701
      @jwavy4701 Před rokem

      If you want to learn to trade profitable I know a trading group that have mentors

  • @seesyd1519
    @seesyd1519 Před 2 lety

    Im gonna download this and listen to it over and over again..😁..Thanks Nick

  • @ryancarter6160
    @ryancarter6160 Před 3 lety +9

    Super inspired by you, Nick. I'm 17 years old and I started learning about forex and technical analysis about 3 months ago. I know I have a long journey ahead of me; but watching your videos has reinforced the confidence I have in my own persistence and passion for trading. I know that one day I can become consistent and profitable trader just like you , but only if I continue to work as hard as I possibly can. I appreciate your content so much and I can't wait to continue learning from you.

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4..

    • @clxudbxii_
      @clxudbxii_ Před 2 lety +3

      How's it going buddy?

    • @Boog.
      @Boog. Před rokem +1

      You cooking big bro??

  • @coelhocointech9841
    @coelhocointech9841 Před rokem +1

    25 year trading veteran, profitable 15 years now. I own a 3 million beach house, trade in my tshirt bathing trucks and ride a bike.. my best trading day is 200k, my worse is 90k.. I take risks when the time comes and I might go a week without trading.
    Trading is like playing the guitar.. you first need to know your 200 chords, 100s of scales, rhythm strumming, different genres thousands of repetitions etc. once you master it than it’s all muscle memory, you just focus on playing…same as Trading
    Just remember, most of the Pros and Hedge Funds make most of their money on newly retail traders blowing their accounts.
    I don’t ever plan on teaching my methods and process. I know it’s just a matter of time before my edge is discovered and than I’ll just retire

  • @joshb496
    @joshb496 Před 3 lety +4

    I really needed this video thank you🙌🏽

  • @mohanpalaniappan1793
    @mohanpalaniappan1793 Před 2 lety +2

    Nick u r absolutely right about lambirghini n the hype up... to me it is more important to be a successful trader... consistently profitable.

  • @thepros7033
    @thepros7033 Před 3 lety +3

    Tell us how you got through college would love to hear that!

    • @satoshistacker5178
      @satoshistacker5178 Před 3 lety

      Appreciate your review,do you experience difficulty Trading?Textme±1 7 7 4 6 4 3 0 5 9 4.

  • @admiremanyimo1954
    @admiremanyimo1954 Před 3 lety +1

    Bro, im a new trader and to be honest with you bro i love your content

  • @paradigmshift528
    @paradigmshift528 Před 2 lety +3

    I really respect you for this video. I appreciate your genuineness. Thanks, Nick