i've traded for 8 years - here’s all I do

Үй жануарлары мен аңдар

Trading is risky, and most people lose money.
My Free Telegram Channel is now private, and has over 60,000 members, and can only be exclusively joined at this link: t.me/+TDVdM80j9lGfaWiP
Follow my trades, get coaching, hangout with the MFX group: www.missionfxtrading.com
FTC/CFTC Risk Disclaimer - Please read this so you're 100% aware of the extreme risks associated with any type of trading and investing.
I’ve said for years and years and years - trading is extremely risky, and most people will lose all the money they try to trade with - even the people who follow the information I provide. Trading is a skillset that is difficult to learn, and I make it look easy because I’ve been trading for 7+ years. As with any high performing skillset in life, trading is NOT easy.
Your likelihood of consistently making money trading is abysmally low, whether you learn on your own or whether you follow the things that myself or others teach.
It’s like becoming a doctor, many people start pre-med and medical school, but only a tiny fraction of them succeed and actually become doctors. The average success rate of trading is even worse that that! Becoming a doctor is obviously not for everyone, and becoming a trader is obviously not for everyone, too.
I (and my company, MissionFX, LLC) make NO guarantees/promises/express direct or indirect representation that you’ll achieve any specific result trading, regardless of whether you’re following my free or paid content.
I’m just some random guy on the internet who is sharing what’s worked for me - I have no clue what will work for you because there are a million contributing factors that will determine whether or not you will make money trading.
Do NOT take into account any information that I share anywhere on the internet as the basis for your trading decisions. I’m not responsible for your success, nor am I responsible for your failures.
Read the full risk disclaimer on my website below, so that you’re 100% aware of the risks associated with trading - then you can make an informed decision as to whether or not you want to continue following any of the information I share (or continue to pursue trading in general).
HTTPS://www.missionfxtrading.com/terms

Пікірлер: 147

  • @NickShawnFX
    @NickShawnFXАй бұрын

    My Free Telegram with over 60,000+ members - t.me/+TDVdM80j9lGfaWiP

  • @BenProg

    @BenProg

    Ай бұрын

    Awesome Content man ! Greetings from Black Forest Germany ;) I wonder what you do, when theres a Gap in the Market like Eur/Usd right now.. wan´t to try a doubleSetup Long/Short with stoplosses. Good Idea or Gambling ? Have a nice week man !

  • @slim1810

    @slim1810

    Ай бұрын

    The pairs that you are trading when you take that picture of your laptop screen are usd v mex 😊 👍

  • @BenProg

    @BenProg

    Ай бұрын

    The next comment will maybe shock you. But you can handle it. im pretty sure. Im waiting for the right moment to post it. Maybe one Day you read this. Then reply to me Nick

  • @User-ok8sv

    @User-ok8sv

    Ай бұрын

    I just came across this channel now! Thanks for making all this simple. So many guru channels that you can watch, watch and re-watch without really learning anything. I mean you end up more confused than before you watched the video. Please help us keep making it simple so new traders can benefit. Thanks again. Liked and subbed !

  • @andrewbaird509
    @andrewbaird509Ай бұрын

    There is nothing wrong with your voice you are very easy to listen to and understand

  • @goldenpawlife
    @goldenpawlifeАй бұрын

    The stress I used to feel when trading is gone. Support and Resistance and setting those alerts, then walk away. Finally profitable and enjoying trading again! so glad I found your videos!

  • @alessandrov3177

    @alessandrov3177

    Ай бұрын

    Can I ask what you do? Like when it come to R / S you wait for see and if the price don’t break it in strong way, you respect the SR?

  • @somemusic4015
    @somemusic4015Ай бұрын

    Nick- you forgot about the Head and Shoulders Shampoo pattern.

  • @AFX79

    @AFX79

    Ай бұрын

    Or the Pantene Pro V Double Top/ Double Bottom pattern

  • @rg950

    @rg950

    Ай бұрын

    no i'm not a bot. How bad is it to add to a losing trade if it goes against you to try and break even on it. for example i buy at 100, price goes to 95, i buy again. thoughts?

  • @raphaeldeguzman7417

    @raphaeldeguzman7417

    Ай бұрын

    That pattern works though

  • @leandrogoethals6599

    @leandrogoethals6599

    Ай бұрын

    @@rg950 something a bot would say hmmm...(joke)

  • @User-ok8sv

    @User-ok8sv

    Ай бұрын

    @@rg950 I lost so much money doing that in the past. Sometimes the stock has completely reversed from a downtrend to an uptrend and I'll still be forcing it back to the price it left which it will never get back to. So, adding to a losing trade means you definitely have to know that the stock MUST get back to that price. otherwise, just cut your losses. Assuming I shorted NVDIA when it crashed down to $600. Some were saying it was going to crash further ot $400. Then NVDA reversed and headed back to $1,300 which is where we are now. Assuming I kept adding to that short, I would be wrecked by now.

  • @TheGamingInvestor
    @TheGamingInvestorАй бұрын

    Ur an absolute inspiration bro 🙏 trying to pick better entries and hold winners longer over here just trying to stay profitable, thanks for your great advice

  • @benz500r
    @benz500rАй бұрын

    Dude, you’re a f…Ing Genius that wants to pass for an ordinary man. Way to go!

  • @BenProg
    @BenProgАй бұрын

    here you have it ! 🏅🏆🏅

  • @ross-smithfamily6317
    @ross-smithfamily6317Ай бұрын

    🌟 🌟 🌟 Nick, I gave you three gold stars ... Love your videos!

  • @Lexluthor88
    @Lexluthor88Ай бұрын

    With trading, technical analysis skills alone are not enough; discipline and emotional maturity are also crucial for success. The saying "time in the market vs. timing the market" is a good mindset to have during market fluctuations. Thanks to Linda Wilburn’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Keep it up!

  • @Lexluthor88

    @Lexluthor88

    Ай бұрын

    Linda Wilburn program is widely available online.

  • @hollycarter3594

    @hollycarter3594

    Ай бұрын

    I appreciate the professionalism and dedication of the team behind Linda’s trade signal service.

  • @charadreemurr4221

    @charadreemurr4221

    Ай бұрын

    Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

  • @georgigeorgiev6521

    @georgigeorgiev6521

    Ай бұрын

    The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

  • @79AdventureBaby

    @79AdventureBaby

    Ай бұрын

    It was quite challenging to understand the different trends on my own until i found out about Wilburn. Trading made easy.

  • @wootymcwoot8749
    @wootymcwoot8749Ай бұрын

    Saw your last vid about trading overextended markets and started using it as my basis. I use a RSI scanner for oversold or overbought market conditions and look for good setups. Easy wins.

  • @midnite1235

    @midnite1235

    Ай бұрын

    Do you use a 14 day RSI? Thanx!!!

  • @raphaeldeguzman7417

    @raphaeldeguzman7417

    Ай бұрын

    Curious how you do it? Here's my hypothesis on how, though. 1. Check for OS/OB pairs. 2. Check if price is at support(oversold), or at resistance(overbought). 3. Check for entry setup(HNS, FVG/OB, wagyu beef, etc) 4. Pick a profit target, pick a stoploss. Enter trade. Can you send me the link to his video regarding this though? It gave me an idea. Thanks

  • @midnite1235

    @midnite1235

    Ай бұрын

    @@raphaeldeguzman7417 It just seems that an objective measure, using an indicator, of a currency pair being oversold, might be a helpful starting point.

  • @Madeinlondon67
    @Madeinlondon67Ай бұрын

    Hi Nick, What size account did you start with to trade.

  • @Stisse12
    @Stisse12Ай бұрын

    Lool I have been looking for the demon candle stick indicator for so long and now you also have been useing it!! :)

  • @NickShawnFX

    @NickShawnFX

    Ай бұрын

    demon engulfing candle

  • @jonathanlee5185
    @jonathanlee5185Ай бұрын

    Thanks 👍

  • @ignaciomeijide9460
    @ignaciomeijide946011 күн бұрын

    I think there is more value here in terms of teaching than in many books (especially technical ones) and entire trading academies.

  • @ronjoseph7973
    @ronjoseph7973Ай бұрын

    Nick, with that accent you would make a perfect character from Oman.

  • @jacquese9094
    @jacquese9094Ай бұрын

    Hi , i m french, and i love your vidéo : you are SO funny ! I m learning trading myself , just starting-to be wining, but i ve to be wining the long way months) on demo accourt before going real ! Jacques

  • @lastdyingbreath83
    @lastdyingbreath83Ай бұрын

    if i purchase the nicks trades program now at 250/m and the price goes up to 500/m, will my price go up as well? Or will it remain at 250/m?

  • @Zachery883
    @Zachery883Ай бұрын

    Anyone knows what broker nick uses?

  • @masonite1973
    @masonite1973Ай бұрын

    What happened to homie's beard?

  • @Mens_League
    @Mens_LeagueАй бұрын

    Thank u

  • @chrisporter5066
    @chrisporter5066Ай бұрын

    What broker does he use? I only have 500.00 to start

  • @dolorex9998
    @dolorex9998Ай бұрын

    ultimate wisdom a human can reach. 50% go up 50% go down. brilliant 😂

  • @matijapintaric9387
    @matijapintaric9387Ай бұрын

    You always trade counter trend?

  • @Mehdi-jo6uj
    @Mehdi-jo6ujАй бұрын

    Broo you helped me so much and im profitable for the first time after 6 years! Man i love you Nick you changed my life!

  • @SlothVogue

    @SlothVogue

    Ай бұрын

    Congratulations man for becoming profitable. Even I'm still not profitable in 3 years of trading, so I can understand the failure and stress

  • @Mehdi-jo6uj

    @Mehdi-jo6uj

    Ай бұрын

    @@SlothVogue Thank you you will get there but you need to be consistent! Bless you sir.

  • @stefanohagiavintostefanoha7346
    @stefanohagiavintostefanoha7346Ай бұрын

    What about your hedging technique? Why have you left it?

  • @trademetria
    @trademetriaАй бұрын

    Wow, so simple, but we all know it takes a lot of experience.

  • @tinyjobs6451
    @tinyjobs6451Ай бұрын

    It's seem that you trade Forex more then stocks, would you be able to make a video explaining why? thank you! :) Appreciate your awesome channel!

  • @liverpoollogos5714
    @liverpoollogos5714Ай бұрын

    Accent was shite 🤣 But the trading analysis is Superb, Well in Nick, Thanks for the video.

  • @AnthonyGreenman
    @AnthonyGreenmanАй бұрын

    Enjoyed the video. Trading the 4H a trade can last from 4 hours to 4 days. I prefer trading the D when the trades last me anywhere from 4 days to 4 weeks. I was already in GBPCAD so your call was a nice confirmation & I am waiting for a better entry personally on EURCHF. Have a great week Nick

  • @user-fl2nw4fm8t

    @user-fl2nw4fm8t

    Ай бұрын

    Thats coming up yo.

  • @AnthonyGreenman

    @AnthonyGreenman

    Ай бұрын

    @@user-fl2nw4fm8t Yeap I hope it retraces to my price entry. Never have FOMO if the price takes off without you. Other trading opportunities in other pairs will happen

  • @user-fl2nw4fm8t
    @user-fl2nw4fm8tАй бұрын

    In that 1st GBPCAD trade you showed. It seems like you would be liquidated way before price hits that stop.

  • @jcb1832
    @jcb1832Ай бұрын

    Nick you are literally my therapy, my trading style is very similar to yours, and we're sometimes on the same trades. Had a rough patch with GBP/CHF because I hedged a long like a dumbass and now I'm stuck managing a really poor risk to reward trade that I didn't even plan. Oh well, it is what it is. Thank you for being in the KZread scene, you're a G!

  • @hazor777
    @hazor777Ай бұрын

    Are you strictly a FOREX trader , or Options as well?

  • @rg950
    @rg950Ай бұрын

    no i'm not a bot. How bad is it to add to a losing trade if it goes against you to try and break even on it. for example i buy at 100, price goes to 95, i buy again. thoughts?

  • @richardlenaghan1905

    @richardlenaghan1905

    Ай бұрын

    It's the worst thing you can do, which would imply that this guy is a fraud. You can model this strategy in excel with a random number and normdist function and you'll see it will always bankrupt you.

  • @isipbatamobrogang5440
    @isipbatamobrogang5440Ай бұрын

    Man nick shawn and momo forex. Og trading youtubers. Good times funny how i was just watching u guys 4 yrs ago and now im making 3 to 5k a day. Crazy yes trading is a patience game.

  • @AFX79
    @AFX79Ай бұрын

    Nick - you forgot the Pantene Pro V Double Top/ Double Bottom pattern.

  • @1ProDomo
    @1ProDomoАй бұрын

    It seems you dont document always your losses. Whats about the loss on GBP/CAD you shorted from 1.74? Thats minus 150 pips for now and you didnt mention this anymore. You just closed for BE what you added at 1.75

  • @BugattiLo_
    @BugattiLo_Ай бұрын

    I purchased nicks course like 3-4 years ago. Definitely one of the best Investments I’ve made into my self.

  • @user-hs2mo9gy1z

    @user-hs2mo9gy1z

    6 күн бұрын

    Hi! I've been trading for years and I am not profitable. I thought a lot about buying his course but it's a lot of money for me atm. Should I really invest in it anyways so I could get profitable? Thank you

  • @mikehughes421
    @mikehughes421Ай бұрын

    Don't listen to them you are just trying to help people.

  • @Kory28
    @Kory28Ай бұрын

    I watched dozens of your vids and at the beginning of the vid when I heard your accent I was like “ wtf is he from fucking Germany or some European bs resident” and I completely and utterly forgot that your name is Nick Shawn literally the most American name ever excited Jesus fucking Christ how TF did I fall for this? Nice vid btw top notch content🤝🏼

  • @jwreturn
    @jwreturnАй бұрын

    mean reversion, on 2 time frames

  • @florinfbz4559
    @florinfbz45594 күн бұрын

    Ended taking your sl before having chance to take any profit. 😢

  • @user-sb8ro4ko5y
    @user-sb8ro4ko5yАй бұрын

    youre an effing legend brotha,, im now profitable becoz of your videos lol.. Hedging hedging hedging..

  • @destinysg1
    @destinysg121 күн бұрын

    Was that accent Bernd Skorupinski? lol

  • @makeitreality457
    @makeitreality457Ай бұрын

    Bitcoin turned out to be a decent short. But it ought to turn around soon (this week or next). Over time, it has always been a winner.

  • @sandileshezi9875
    @sandileshezi9875Ай бұрын

    Yo nick do you ever plan on appearing on any podcast?🤣🤣🤣🤣🤣

  • @thesturdygentleman
    @thesturdygentlemanАй бұрын

    3 push patterns

  • @Tjordzzz
    @TjordzzzКүн бұрын

    goat.

  • @ahmadamin938
    @ahmadamin938Ай бұрын

    What$$ap

  • @holyearth
    @holyearthАй бұрын

    another Furu?

  • @jasonn5196
    @jasonn5196Ай бұрын

    I get my ass kicked 90% of the time for 2 years, but I have watched the charts for thousands of hours now and I see probability, I just suck at entries and exits and I still over leverage cause I’m fkn desperate… it will click one day and I will get it.

  • @pirds102010

    @pirds102010

    Ай бұрын

    "just suck at entries and exits" - the most important thing😂

  • @flexify_hd9110
    @flexify_hd9110Ай бұрын

    does resistance support method work in minutes chart?

  • @millenialcryptoinvesting181

    @millenialcryptoinvesting181

    Ай бұрын

    No. Fibonacci, order blocks, poc's

  • @Tmr2-q7w

    @Tmr2-q7w

    Ай бұрын

    @@millenialcryptoinvesting181 no

  • @aswath1112
    @aswath1112Ай бұрын

    Hey Nick , do one such video with stocks if possible

  • @Stefan-vc2ef
    @Stefan-vc2efАй бұрын

    If this is your strategy you might as well just use RSI 😂

  • @smetljesm2276

    @smetljesm2276

    Ай бұрын

    Correct. The strategy is to use what helps you see it. Develop intuition And use money management

  • @jungervin8765

    @jungervin8765

    Ай бұрын

    RSI can shoot up quickly if the move is fast, it does not mean the price is overextended...

  • @PocketingPips
    @PocketingPipsАй бұрын

    I love you bro lol that is all

  • @chrisqueen9499
    @chrisqueen9499Ай бұрын

    Forget the Humbled Trader, im following Nick Shawn... the HOBO Trader 😂

  • @Shurredz

    @Shurredz

    Ай бұрын

    It’ll be well worth it fr he’s the goat. I’m finally consistent because of his dollar cast averaging strat , just clicked with my brain super well.

  • @gatomeawscle4242
    @gatomeawscle42427 күн бұрын

    What's with the ACCENT????

  • @jaysonrusss
    @jaysonrusssАй бұрын

    2pac of traders at it again. The master. You are fools if you don’t follow nick.

  • @brownsvillebr7164
    @brownsvillebr7164Ай бұрын

    The scary part is when you really think that there can be a month of not having anything to set up actually (talking from back testing perspective), and meanwhile there are plenty of trades to trade some good trendyy and good s/r zones that we are missing, well as i think this trading approach requires a big capital, so the question is that will you try on trading anything until a good overextended market happen?

  • @Ajesen

    @Ajesen

    Ай бұрын

    if you trade more pairs you are more likely to have more opportunities for setups like these... what i mostly trade is the same overextended markets but also just breaks and retests in a clear trend if the risk structure looks solid

  • @theagemaway
    @theagemawayАй бұрын

    Omg quote of the century right here at 18:20 "I just find i get better results if i do everything i can to not let the stop get hit" I think the only word that can describe this is "profound". I'm simultaneously thinking "yeah no shit Sherlock! Duh!" And "got damn why haven't i ever tried it that way!?!" Until now I've always only thought about "can we hit the target??" But this flips it on its head. "How can we avoid the stop loss getting hit?" Also reminds me of the two cardinal rules of trading: 1. Don't lose money 2. Make money They're in that order for a reason right???

  • @mateoi4200

    @mateoi4200

    Ай бұрын

    Bro speaking like someone who isn't promoting anything just a 4 years experience trader. Never adapt the mindset of i will not let my stop loss hit. You're stop loss must get hit as well as youre take profit must get hit. The difference and the profitability will come out as sum of 2 things: 1- Your win rate, 2- Your risk to reward. Don't listen to the bald guy who keeps on yapping here he makes millions off people who subscribe to his shit, he doesn't even have to trade he can place 2 trades a month and he is chilling. If you trade in any way shape or form like the bald guy im sorry for you and anyone else on this comment section. You will be liquidity for those who actually know how to trade so you choose.

  • @Mane_wdf_goin_on_ohio_dawg

    @Mane_wdf_goin_on_ohio_dawg

    Ай бұрын

    And how are you going to achieve the "I will not let my stop loss get hit"???

  • @naren6258
    @naren6258Ай бұрын

    Over the 8 year I lost millions... 😢

  • @obanik
    @obanikАй бұрын

    when you have already made enough money from trading you can do this, you cannot build a small account doing this style of trading.

  • @LBPFrost
    @LBPFrostАй бұрын

    I havent tuned in in forever but jesus christ almighty that beard is glorious bro

  • @TronaldDump-nj6qh
    @TronaldDump-nj6qhАй бұрын

    Nick, I made millions but I lost billions.

  • @deeforextrades
    @deeforextradesАй бұрын

    Let's goo

  • @damagehero2068
    @damagehero2068Ай бұрын

    Hypothetically, if I do the same exact trades, with the same exact TP and SL but with 0.01 lot size, I'd get around 20-30 USD per trade (?) Which is insignificant considering the amount of days it takes to close a position but it makes sense if you can't afford a 50k account to begin with.. I'd like to give it a try with 5-6 1k accounts and see how it goes

  • @robween780
    @robween780Ай бұрын

    banks and institutions don't stand a chance against the supreme wagyu beef strategy 😂

  • @JayV426
    @JayV426Ай бұрын

    I was gonna leave BECAUSE of the accent 😂

  • @OsamaRauf-yx5lj
    @OsamaRauf-yx5ljАй бұрын

    I was wondering in the beginning why he is talking like this😂 , thanks for pressing reset button on your accent.. Original one is better.. seems real

  • @matiboludo
    @matiboludoАй бұрын

    Someone is been eating lately

  • @neolithic3
    @neolithic3Ай бұрын

    I was wondering when you got an accent lol.

  • @AibelSantiago
    @AibelSantiagoАй бұрын

    Letss fcking goooo

  • @gatomeawscle4242
    @gatomeawscle42427 күн бұрын

    It's NOT difficult, ITS RIGGED, MANIPULATED!!!!!!!!

  • @Rune-Eriksen225
    @Rune-Eriksen225Ай бұрын

    How do most of you guys still make profit? Even with the downturn of the economy and ever increasing life standards

  • @RONALDO_7729

    @RONALDO_7729

    Ай бұрын

    Well, I picked the challenge to put my finances in order. Then, I invested in cryptocurrency and stocks through the assistance of my discretionary fund manager

  • @RONALDO_7729

    @RONALDO_7729

    Ай бұрын

    She is Mrs Hattie Glover

  • @Rune-Eriksen225

    @Rune-Eriksen225

    Ай бұрын

    Please educate me. I've come across this name before. Now I am interested. How can I reach her?

  • @BENWILLIAMS12316

    @BENWILLIAMS12316

    Ай бұрын

    Crypto is the best future where people make money and generate good returns.

  • @End_rick997

    @End_rick997

    Ай бұрын

    Yes, I agree with you, Crypto and NFTs are bringing a different revolution in the world economy. People are optimistic investors who earn consistently. Others will just sit and watch.

  • @eeehabsfqyat8936
    @eeehabsfqyat8936Ай бұрын

    Here for the beard 💯🌹

  • @ciorchinos
    @ciorchinosАй бұрын

    YOUR STRATEGY RECK YOU SO HARD LOL

  • @roussmade7360
    @roussmade7360Ай бұрын

    1 to 69 RR lol

  • @CurtisThiron
    @CurtisThironАй бұрын

    AAAAAAAAAAAAAAA

  • @muntedme203
    @muntedme203Ай бұрын

    You lost 60k last time. You forgot to say that.

  • @fitless

    @fitless

    Ай бұрын

    What trade was that?

  • @1ProDomo

    @1ProDomo

    Ай бұрын

    Also the GBPCAD short he entered at 1.74 - he didnt mention this anymore.

  • @mrweast1588
    @mrweast1588Ай бұрын

    made it to one minute leaving because no accent

  • @John-wc9gp
    @John-wc9gpАй бұрын

    the accent hahahaha

  • @ciorchinos
    @ciorchinosАй бұрын

    THERE IS NO RISK STRUCTURE IF YOU MOVE YOUR STOP LOSS, MATHEMATICALY IS IMPOSSIBLE,

  • @Shurredz

    @Shurredz

    Ай бұрын

    You saying like move it closer to BE right? Because as long as you have a stop or a hedge, it’s still a risk structure. Even if you adjust it , it’s still there.

  • @ciorchinos

    @ciorchinos

    28 күн бұрын

    @@Shurredz yep you got me, and also hedge model is not accepted on may perp firms accounts, for obvious reasons..

  • @NathanielFreedom
    @NathanielFreedomАй бұрын

    Accent lol

  • @chrisstubbs2127
    @chrisstubbs2127Ай бұрын

    Your beard and profits annoy me so I’m gonna figure this stuff out and imagine you hollering at my girlfriend until I do.

  • @ceejay2633
    @ceejay2633Ай бұрын

    I am not disputing Nick's own trading talents, but trying to teach people discretionary trading habits is almost impossible. I would like to hear from any of his followers that are actually making the same money as him....i doubt it.

  • @andrewjankowski5153
    @andrewjankowski5153Ай бұрын

    Buy $VZ $41 FV $54

  • @BTkana808
    @BTkana808Ай бұрын

    Hey @NickShawnFX that is a very bold statement to make that you've made million trading, can we see your statement throughout the years?

  • @alliedeena1141
    @alliedeena1141Ай бұрын

    Nick is about to Slap the market again 🫱📉

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