How to Grow A Small Forex Account (WITHOUT Blowing your Account...)

Ойын-сауық

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Пікірлер: 153

  • @TraderNick
    @TraderNick11 ай бұрын

    Looking to get funded? Get 15% OFF with our partnered prop firm! Use code A1TRADING15 HERE: rb.gy/jkpds

  • @_jlb_5253

    @_jlb_5253

    11 ай бұрын

    Is it possible for a trader to have knowledge in different strategies and use a strategy depending on the situation and thus increase his winning percentage?

  • @AyodejiRaph.
    @AyodejiRaph.2 жыл бұрын

    I swear to God... I watched the first 37 secs of this video over and over again 😂... I love the sync of the beat and his 'aahhh' after taking a sip😂😂❤️

  • @4k_smile

    @4k_smile

    Жыл бұрын

    😂😂

  • @DannydAnthony4

    @DannydAnthony4

    Жыл бұрын

    That was slick

  • @digeraticlub1

    @digeraticlub1

    Жыл бұрын

    Easy to.follow and to the point keep on keeping it simple good work.

  • @chizofx

    @chizofx

    9 ай бұрын

    😂

  • @freedomtrucker2332
    @freedomtrucker23322 жыл бұрын

    Good down to earth advice all the way through ..thanks ..and good luck to all of the traders just starting out ..👍☕️😎

  • @SGTGUILD
    @SGTGUILD2 жыл бұрын

    Amazing video with pure facts. Thanks Nick

  • @Kilo80Kilo
    @Kilo80Kilo2 жыл бұрын

    Thank you for your time and effort.

  • @oKrytex
    @oKrytex2 жыл бұрын

    Nick, I've been watching your videos consistently now for over 2 month's, and this video really helped define everything I've been learning about your strategies, and forex as a whole. I'm really starting to recognize the volatility and use trend trading to my advantage. Thanks for everything you do!

  • @darioc.1196
    @darioc.1196 Жыл бұрын

    This is a great video, congratz!

  • @VinylLondon
    @VinylLondon Жыл бұрын

    Thanks for your honesty. Just realised the size of account needed

  • @glenrichzuso9076
    @glenrichzuso9076 Жыл бұрын

    I am subscribing because you, Nick, have spoken about something that can make or break lives ! You, unfortunately speak the truth.. and while the pill is bitter to swallow, its reality.. and a good one at that. Would love for you to do a video on a detailed backtest so we can learn something. A very new and grateful subscriber here ! Thank you so very very very much !!!

  • @richardcabalquinto5307
    @richardcabalquinto5307 Жыл бұрын

    Wooow, this is what i am looking for! Thank you for this video. It helps me really understand the market. Nice content brother

  • @bentpaz
    @bentpaz2 жыл бұрын

    This was pretty enlightening and helpful stuff

  • @ezrasitali7575
    @ezrasitali7575 Жыл бұрын

    Thanks for the honesty, Nick. Really appreciate it!

  • @gregmorgan2917
    @gregmorgan2917 Жыл бұрын

    Good video thank you Nick.

  • @alikazwini7693
    @alikazwini7693 Жыл бұрын

    Love you man !❤❤❤

  • @simpiwemaqwara2184
    @simpiwemaqwara21842 жыл бұрын

    You're an honest mentor Nick,I gain a lot from you 🙏🙏🙏❤️

  • @Worldhistory212
    @Worldhistory2122 жыл бұрын

    this is amazing mate, thank you

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    No problem 👍

  • @MAshfaqShaikh
    @MAshfaqShaikh2 жыл бұрын

    Very motivative 🎯

  • @KiptooKurui
    @KiptooKurui Жыл бұрын

    Thank you Nick

  • @savesome
    @savesome Жыл бұрын

    I'm so much greatful watching your contents here.

  • @mikescarborough9196
    @mikescarborough9196 Жыл бұрын

    Check out a TradingView indicator called Position Sizer for UltraCap Trading Accreditation. It’s mostly for passing a prop firm challenge, but you can use it to grow a small account also.

  • @RabianOfficial
    @RabianOfficial2 жыл бұрын

    Thank you bro, I appreciate your opinions all the time.

  • @sisekomaci2930
    @sisekomaci29302 жыл бұрын

    Good one

  • @Rinkydink73274
    @Rinkydink7327411 ай бұрын

    Probably the best video I've ever seen about the realistic truth about trading..Well done.

  • @Darth_trillmatic
    @Darth_trillmatic2 жыл бұрын

    Dude you’re the man

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Thanks Jordan

  • @bunnavoun
    @bunnavoun Жыл бұрын

    Thank you

  • @jeffreyng8953
    @jeffreyng895311 ай бұрын

    Technical handbook. Thanks

  • @Sullivynn
    @Sullivynn Жыл бұрын

    So, how do you make a living/career trading if withdrawing isn't an option?

  • @manic7695

    @manic7695

    Жыл бұрын

    He said one shouldn't depend of trading as the only source of income. For me if trading is your only source of income, you don't have any option than to withdraw.

  • @generationalfxwealth1844
    @generationalfxwealth1844 Жыл бұрын

    You have me excited to treat my account as a savings account. 🎉🎉🎉🤯 Thanks. I have a cleaning business and will use 1 Airbnb customer to fund my trading account

  • @FXTRADERAJE
    @FXTRADERAJE2 жыл бұрын

    This is what I'm looking for

  • @christinensp7652
    @christinensp7652 Жыл бұрын

    Technical hand book. Tq

  • @kathygarciac
    @kathygarciac2 жыл бұрын

    great video !!! i needed to hear this

  • @timestrike5278
    @timestrike52782 жыл бұрын

    Thank you nick❤️

  • @leandrogoethals6599
    @leandrogoethals65999 ай бұрын

    Hey Nick, Do u have any automated bots that use your strategies since u said algo and what did u use to backtest? python?

  • @phillipmuriithi94
    @phillipmuriithi94 Жыл бұрын

    Probably the most realistic video out there. Thank you for this reality check!

  • @izzamga
    @izzamga Жыл бұрын

    I agree with most of what you said except having 100k in the trading account. Does the trading platform gives you interest for it? And insurance? If not, I rather put 90k in other low risk such as index fund or blue chip companies. I can always fund my account during drawdowns.

  • @HighCaliberTrading

    @HighCaliberTrading

    Жыл бұрын

    You keep your money in a brokerage because you can take loan on your portfolio as collateral and use them to live tax free

  • @timhansen1891
    @timhansen18912 жыл бұрын

    while i was watching this the video was interrupted with an ad for a simple solution that has made over 3,000% for one trader. haha.

  • @phimratsurat3029
    @phimratsurat3029 Жыл бұрын

    Thank you for sharing this I learned a lot from you And I did subscribe ❤️

  • @heybear7271
    @heybear72712 жыл бұрын

    You are the only person i trust in forex Nick :) Thanks for being so honest !

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Happy to help. We keep it real here!

  • @youtubesnakeyes3595
    @youtubesnakeyes35952 жыл бұрын

    what do you say about FTMO and prop firm generally expecting a 10% return in 1 month

  • @yahyahaidary9846
    @yahyahaidary9846 Жыл бұрын

    hey nick I am new to your channel here you have some of incredible content which is really useful and I have been learning forex trading from approximately 2 years and I like it and I have failed a lot in it but I still keep on going I learn from it too I am watching your videos 1 by 1 to get some knowledge and apply and create my own plan my question is before 6 of 9 years of your trading where did u began from and where did you learned forex trading a course or school or academy thanks

  • @atharvakunjir3537
    @atharvakunjir35373 ай бұрын

    Technical hand book.

  • @ijintraveler6140
    @ijintraveler61402 жыл бұрын

    Great eye opening video expecially for people that are new to trading! :) @TraderNick hope you can create a video about leverage please! I got curious about how it can hurt your account. I tried to study it but it's really confusing. Is a 1:10 leverage okay?

  • @antonioarcano7989
    @antonioarcano7989 Жыл бұрын

    I agree 100% with everything else. Only thing I disagree, is Backtesting is a huge waste of time, most expert traders with hight sccount don't backtest neither. market is too un predictable to try to guess what happeend before with what happened today. Growing and account using only 2%-5% it would take years. 5%-10% is more like it.there comes a time when one NEEDS to take a bigger risk. to grow it.

  • @LiLPAnCOoKie
    @LiLPAnCOoKie2 жыл бұрын

    For me i have withdrawn some money but it was profit to buy some stuff for my work, but right now I try to get funded so I stop putting in the capital in my trading account. Of course a snowball effect would be much better for sure.

  • @openrizal
    @openrizal Жыл бұрын

    Thank you for free COT data from A1 Trades that recently launched.

  • @LuphumloMatrose
    @LuphumloMatrose10 ай бұрын

    Hi Nick i would like to have the technical handbook as it will help me on my trading journey

  • @congtoannguyen1940
    @congtoannguyen1940 Жыл бұрын

    I can not get the handbook through the link under the description, please help

  • @PrdCurrencies
    @PrdCurrencies2 ай бұрын

    Very sound advice! A $100 account isn't a small account, it's a very small account, no matter which country you're in, because the market doesn't care. If you have a very small account, you should only do one trade at a time. Also, the main virtue a trader shoud have, in my opinion, is patience - it'll stop you jumping into trades you shouldn't be doing & therefore cut your losses. Trying to grow a $100 account seems to me to be an incredibly difficult task : you're going to have to be very good at picking out winning trades, and even then you won't see your account grow enormously, even after a few years. You'd be better off buying some lottery tickets! Sorry!

  • @JORDAN-yd7fi
    @JORDAN-yd7fi Жыл бұрын

    This is great I believe if I test this maybe this time I will have profitable trade🙏

  • @ethan004
    @ethan004 Жыл бұрын

    To be honest I find trading boring and fun at the same time, boring when I am not making wins but fun when I am on a winning streak.

  • @user-tg3rf7bu1m
    @user-tg3rf7bu1m10 ай бұрын

    Technical handbook

  • @omegabueno
    @omegabueno Жыл бұрын

    Nick, Ive been trading for 15 years, and as You mentioned, key to success is to trade small . No way around it; I wont make a billion like Soros, but Ive been profitable for a few years now. My strategy allows me to trade long term and being able to sleep w/o worrying about sudden, large moves.

  • @Kaneki-sn3bf
    @Kaneki-sn3bf2 жыл бұрын

    When you talk about % or your account. Is this including the leverage or just pure account money?

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Pure account balance

  • @Ramiromasters
    @Ramiromasters Жыл бұрын

    Well, don't be discouraged, although all of what he says is true. Still, there will be times that amazing deals will come about, and you could easily double your account. You just need to be a clever trader for when the time is right.

  • @zygote5496
    @zygote5496 Жыл бұрын

    On 39 seconds can someone tell me what the background music is called

  • @sheenamcguinness7718
    @sheenamcguinness7718 Жыл бұрын

    broker link no longer good thank you for all your honesty its very helpful

  • @pedroteixeira1742
    @pedroteixeira174216 күн бұрын

    better to just go for funded challenges if you are profitable and dont have money

  • @clintonilobi1380
    @clintonilobi1380 Жыл бұрын

    Technical analysis

  • @wellnesspathforme6236
    @wellnesspathforme6236 Жыл бұрын

    Nice video -- no wonder I subbed a while back! ;-) 3.0% per month is a double every two years. 10 - 20 - 40 - 80 - 160 - 320 - 640 - 1,280... That's $10k into nearly 1.3 million in 14 years. That is amazing over the long term. It is stunning to downplay this, and anyone criticizing you for "poor gains" is downright delusional! We could start with 8 and make this byte math so people could relate it to their computer memory. BTW, how much money is in this account after 20 years at the same 3% per month? It is actually more because I'm not even figuring in compounding that takes place throughout the year!

  • @atharvakunjir3537
    @atharvakunjir35373 ай бұрын

    Can u make a video on how to get out of breakeven stage❓❓❓

  • @upcomingfx_Trader
    @upcomingfx_Trader2 жыл бұрын

    I have a question so I started trading for 3 years now in wanted to know Does compounding account overtime really works?

  • @shahnoor_prospersol

    @shahnoor_prospersol

    2 жыл бұрын

    Yes it does 💯

  • @IAM-oq1tx

    @IAM-oq1tx

    2 жыл бұрын

    Give you more room for bigger profits

  • @davetrent6262

    @davetrent6262

    2 жыл бұрын

    Of course, done properly it can't fail

  • @olalekanoyadiran2292
    @olalekanoyadiran2292 Жыл бұрын

    Technical analysis please

  • @shakirghazali2890
    @shakirghazali28909 ай бұрын

    Use acc managment service

  • @charmainejansen1718
    @charmainejansen171811 ай бұрын

    Technical analysis Handbook

  • @PhilfortuneInternational
    @PhilfortuneInternational Жыл бұрын

    Technical hand book

  • @mohammeddawood3687
    @mohammeddawood368721 күн бұрын

    Does anyone know how we can get the free tech analysis book please . In telegram we cant send messages

  • @damianu6514
    @damianu65142 жыл бұрын

    Started out recently with only 10 dollars, going to scale up to 100 $ and learn along the way

  • @mouradama7129

    @mouradama7129

    2 жыл бұрын

    How much did you risk per a trade?

  • @damianu6514

    @damianu6514

    2 жыл бұрын

    @@mouradama7129 0.01

  • @mouradama7129

    @mouradama7129

    2 жыл бұрын

    @@damianu6514 and how many pips you put your SL ?

  • @damianu6514

    @damianu6514

    2 жыл бұрын

    @@mouradama7129 just keep it tight, it's only 10 dollars

  • @mouradama7129

    @mouradama7129

    2 жыл бұрын

    @@damianu6514 okay thanks man

  • @thesocialartsclub9095
    @thesocialartsclub9095 Жыл бұрын

    I've read a lot of stories of Forex brokers just refusing to pay out. Any videos on that?

  • @sharonkamundi5908
    @sharonkamundi5908 Жыл бұрын

    Hello trader Nick....how does someone join your Vip trading channel?

  • @TraderNick

    @TraderNick

    Жыл бұрын

    Hey Sharon, you can join our community here: a1trading.com/vip/ , and if you use code YTVIP you'll get a subscriber discount :)

  • @AB-dy5yt
    @AB-dy5yt2 жыл бұрын

    Appreciate watching most of your information but this one to many adverts. Very frustrating...

  • @Kane-ib5sn
    @Kane-ib5sn Жыл бұрын

    Trader Nick, you need the magic strategy. But, you also need to test it on a live demo-account, to verify whether it is consistently winning. After that, you can give all the tips you want on money-management...and lot size. Anyone who goes against the advice given here, doesn't know what they're talking about...

  • @faith_move_mountains894
    @faith_move_mountains8942 жыл бұрын

    It’s not loading 🥺

  • @bayyareddy8994
    @bayyareddy89942 жыл бұрын

    Hii telegram account link not opening ...it is showing error

  • @Davewill0833
    @Davewill08339 ай бұрын

    🎯

  • @ryandnewell
    @ryandnewell Жыл бұрын

    Are you saying forex trading for supplemental income at any point is not a reasonable expectation? Sounds like you are treating yours like a savings account. I'm inferring that at some point in the future you could/will make withdrawals for supplemental income?

  • @kwamewiafe-akenten2843
    @kwamewiafe-akenten2843 Жыл бұрын

    Technical analysis; book

  • @joellaoginga523
    @joellaoginga523 Жыл бұрын

    Technicalal handbook

  • @-drikoidgaf-792
    @-drikoidgaf-7929 ай бұрын

    Im new to this, and have a question. Is it really difficult to make 15% per year? Or thats "easy" if you work for it?

  • @TraderNick

    @TraderNick

    9 ай бұрын

    Experience will tell you 15% per year is difficult. Social media will tell you otherwise.

  • @user-xx6zy9uv7s
    @user-xx6zy9uv7s Жыл бұрын

    Just saying, 100,000$ acc can be a 1000$ acc, using 100x leverage, and managing your position size with your 1000$ acc, so you dont get wrecked

  • @sanjibmondal7020
    @sanjibmondal70202 жыл бұрын

    Ok

  • @josephchai94
    @josephchai942 жыл бұрын

    I'm agree with you, if u want to make big money, with gambling mindset, just go to casino, you're wasting you time learning all the startegy looking for chart learning for months, you're wasting you time in financial market with gambling mindset

  • @nathp162
    @nathp1622 жыл бұрын

    Hi bro am from India, I want to start forex trading with less amount approx 50$ because 95% losers in forex so am planing to invest less amount, can you please suggest Best broker and sclap trading tips 1min,5min and 15min

  • @4lexanderMA
    @4lexanderMA Жыл бұрын

    If I'm understanding correctly everyone doing this is doing this primarly to sell more stuff and not for the return. Why else put all your time in trading forex or any other asset if you can achieve 15% more easily by Value investing and doing some minor adjustmenst every year to your portfolio?

  • @manic7695

    @manic7695

    Жыл бұрын

    That's why Trading is not for everyone.

  • @cheeweefoo4590
    @cheeweefoo4590 Жыл бұрын

    the only way to grow big in profits,is have a big account size like 100K, and trade min 1 lot size,2% risk..

  • @ononiwuhenry8591
    @ononiwuhenry85912 жыл бұрын

    Not available yet

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Should be now 👍

  • @lopelinteria333
    @lopelinteria333 Жыл бұрын

    I need a technical hand book

  • @joanajhon4446

    @joanajhon4446

    Жыл бұрын

    Technical analysis explained by martin pring.

  • @kheirollahalali7234
    @kheirollahalali7234 Жыл бұрын

    👍

  • @Kaneki-sn3bf
    @Kaneki-sn3bf2 жыл бұрын

    What is considered a small trading account?

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Under 10k in the US, in my opinion

  • @Kyle9381
    @Kyle9381 Жыл бұрын

    How much money consider as small capital?

  • @TraderNick

    @TraderNick

    Жыл бұрын

    Less than 10k USD I would say

  • @Kyle9381

    @Kyle9381

    Жыл бұрын

    @@TraderNick what do you think, if I just only have 1k USD?

  • @davidvesseur
    @davidvesseur2 жыл бұрын

    You didn't mention anything about prop firms

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    That's another topic to come! Prop firms come with their own potential, but also some steep requirements to get funded. Stay tuned for future vids

  • @davidvesseur

    @davidvesseur

    2 жыл бұрын

    @@TraderNick awesome I look forward to the vid. yeah there can be a lot of hoops to jump through but I think as an option to take a small account and grow it, there's a lot of merit in mentioning it as a viable option. Could for example take profits out and put into your own account and use trade copiers, or just trade for multiple firms. It can speed up the whole process if done right rather than years and years to get to a couple hundred thousand, or even a million

  • @denzelkiptalam4150
    @denzelkiptalam4150 Жыл бұрын

    Sponsor me for the gold membership for a month

  • @katlegomodiba6781
    @katlegomodiba67817 ай бұрын

    What will the value of a Million be in 20 years from now? you either blow or you make it period, Trade agressively until your out of debt thats my view. We see people do it. Cue banks Alex G. nah Nick. Good Advice though but people dont leave their 9-5 to trade and earn like their still working at McDonalds. Your Advice is perfect for like a 45 year old with a low pension that will work for him because he will never go broke but us young people whos have college debt,broke and cant make rent nah bro we go in gunz blazing just to get out the hole then will figure it out from there lol

  • @muhammadbaffa5276
    @muhammadbaffa52769 ай бұрын

    Is there hope for someone with a $10 account?🙂

  • @Nikoblickgaming
    @Nikoblickgaming9 ай бұрын

    This video is a little bit misleading to me, I know a friend who make about 5% of capital every single day and if you talk about 15% a year, it's something I don't really wanna do.

  • @rafaelvelez8858
    @rafaelvelez8858 Жыл бұрын

    Can I please get the technical handbook for free

  • @TraderNick

    @TraderNick

    Жыл бұрын

    Message us on our website, tawk.to/chat/62e5d26254f06e12d88c1ec2/1g98rrk80

  • @charmainpillay6135
    @charmainpillay61352 жыл бұрын

    Technical analysis book, please may I have a copy sent to me. Thank you

  • @TraderNick

    @TraderNick

    2 жыл бұрын

    Message here: t.me/drew_a1trading/

  • @mci6308

    @mci6308

    Жыл бұрын

    @@TraderNick is not working bro

  • @aliciawhyle1884
    @aliciawhyle1884 Жыл бұрын

    trade for me

  • @FinalTouchSA
    @FinalTouchSA Жыл бұрын

    I see no reason trading then

  • @TraderNick

    @TraderNick

    Жыл бұрын

    If you don't love it, and don't have a long term plan or multiple millions to trade with, it is highly not worth your time

  • @amazingm4182
    @amazingm41822 жыл бұрын

    😳😳

  • @cheeweefoo4590
    @cheeweefoo4590 Жыл бұрын

    not easy to make money in forex due to risk. i never waste time on a trading 90% for sue u loose money..dun make sense. and 20 years to too time consuming to grow your trading..i prefer working my way to grow my retirement fund. stocks, forex and other investment ,they are 90% for sure u will loose. money,only the big boys makes money..remember this is a true facts

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