I will be making a video responding to some comments below, check the Telegram channel to watch it (it will be an unlisted link) t.me/mfxpublic

@noemisaid9162

Жыл бұрын

Hi nick , I feel terrible , I invest 15 ,000 usd in a copy trading platform and I lost my money… my emotions are down , I don’t now anything about trading and is a lot of scammers outside , honestly I just need a friendly advice ,I know I was an idiot but .. 😢

@ma.r8716

11 ай бұрын

@@noemisaid9162 what copy trading platform did you use?

@virginiareaper1178

11 ай бұрын

Is forex hedging legal on currency?

@warrenwilson36

8 ай бұрын

Does the candle have to close past the zone to count as a break?

@gautier_music

2 ай бұрын

How do you actually hedge? You need to have two accounts I guess right?

Nick you are literally my forex saviour. You don’t know how much time and energy I wasted learning and trying to master stupid SMC/ICT concepts. I was literally losing sleep and not eating from trying to learn that shit over and over again because it just wasn’t working for me live and backtest. I was literally at my breaking point because I spent 6 months of my life learning trading from scratch just to feel like I hit a dead end brick wall. Untill I found you. Trading is gambling. There is no silver bullet strategy, Just keep it stupid simple and manage risk. Your wise words. Hearing all that just lifted the heavy weight off my shoulders so I studied your support and resistance strategy and that’s shit literally took me less than a day to catch on to it and I backtested it and I kid you not. Every single time it fucking worked. You don’t understand the level of enlightenment you gave me nick. I fucking love you man. I spent every hour of my day binge watching supply and demand, order blocks fair value gap blah blah blah bullshit starving myself because all I wanted to do was to just make it all click for me. It just wouldn’t. You made it click for me and I’ll never ever forget you nick. I fucking love you man. No homo here are your flowers🌹🌹🌹🌹❤️💯

@DaJukes

5 ай бұрын

how are things goin?

@starlordyt6151

3 ай бұрын

@@DaJukes let me tell you, things works for me, but the whole hedge thing not, but still simplicity way better than bullshi smc ict

@dupersuper1000

Ай бұрын

What’s interesting to me is that I found I was able to find an edge with the SMC ideas & setups, but I found I was sweating it too much, and if I just relax and fall back to these simple risk management concepts, then I tend to trade a lot better. Having a real edge is possible, but it works best in conjunction with Nick’s overall approach to trading.

@winnersneverqult

Ай бұрын

@@DaJukes I broke everything down to its simplest form. Price action.

I have bought so many stocks in individual companies. There are so many stocks going to rocket in the long run, right now safe to invest in an ETF that tracks the S&P500 and ride it out. I put $130k into some growth stocks with a Financial advisor handling my portfolio. some of my picks are, NVR, LISP.SW, SEB, VOO,DOWJ, BRK-A, AAPL,IVV, NYSE, NASDAQ, TSLA, I've gotten 82% return so far this year I'll see where it goes.

@ReidCoffman1

Жыл бұрын

that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.

@AshtonGrace

Жыл бұрын

this is more like it, I have always said if you are going to refer your advisor at least let one know specific plays he or she uses to make gains in the market, nice picks. you've got great stocks, just started a few weeks back, I'm going for long term, I'm still trying to wrap my head around it, can I get the number of your F.A ?

@Rachelschneider03

Жыл бұрын

@@AshtonGrace Thanks, yes. i can't actually leave her details on here, you could do that yourself. her name is "Maria Teresa Tyler" she's one I work with, search her name up you would see all you need to know.

@TheOneNashon

9 ай бұрын

How is that 82% return doing right now? Just curious.

I can't tell you how therapeutic and satisfying it is to listen to Nick Shawn. This guy says the same stuff in every video yet his entertainment value is always 10 out of 10. I love your vids Nick 👍🏻👍🏻👍🏻

Keeping it simple and cutting the noise. Love it man. Thanks for sharing your knowledge.

Thanks Nick. Been following channel for some time, and can say without a doubt one of the best and easiest to follow. Thanks....

Anyone who’s just getting into trading, let me tell you I’ve been doing this 7 years and I used to watch Nick years ago. Don’t even trade his strategy I have my own but I promise he’s the real deal. He shows the same strategy every time. He’s always been straight forward. With that being said don’t bother looking on KZread for other trading gurus they will ruin your consistency.

Thank you for the starts and risk profile at the end. That helps a lot with overall perspective of risk profile👏👏👏

Thank you so much for sharing your strategy and view of the market. No one has ever explained trading so simplistically. Most financial channels talk about how they are winning but never explain their process fully or show trading in real time.

Loved your way of explaing i was just watching ict videos and was so confused lost the will it was all so complicated but after watching your content all the anxiety is gone all the things on my mind are now gone...its just relaxing thankyou ❤

Thanks four your amazing content, you are a top guy and yours videos have been helping me a lot. Thanks bro

Hi Nick, thanks a lot for your youtube and telegram channels. I will soon join your close friends community. I am new to trading and I am learning a lot from your youtube videos and your telegram channel

Thanks for sharing this wonderful strategy! It makes trading much easier!

Thanks so much for the advice I'll probably start trading soon with this strategy

As always the most entertaining dry SOH trader on youtube ever!.. love it... 🤣 Also it's a very fascinating strategy.

Nice video, thanks so much man.

I really appreciate your simplicity… made a big impression on my trading ..let go of the drama 🎭 and journaling has made me be “real” with myself 🙏

i think the more i watch your video, i find that your strategy is simple, and the hedging is what gives an edge because you still grow your account by minimizing losses / breakeven or making a possible profit, eye opening! thanks for sharing

awesome. Thats all that needs to be said at this point

great work Nick

Thank you!

Hi Nick, i love your strategy. I m really new in the trading, i m in à learning process right now.

Hi Nick thanks for the great content. On telegram and your other vids I’ve seen you wait for break and retest. How do you know when you should wait for this scenario and when you should just enter as soon as price hits the zone expecting a bounce?

Really love your commentary and you are so correct in keeping it simple! It's only as difficult as you make it right?

I've been binging your videos and love the simplicity; it makes so much sense. Nice bounce off USDCAD support today.

@finanzferdinand9874

Жыл бұрын

Trading isnt simple and never will be. If it was simple your next door neighbour with 2 brain cells would be sitting in the garden on a laptop all day doing it.

@xFFFFFFFFFFFF

Жыл бұрын

@@finanzferdinand9874 Have you watched a single video of Nick's? Based off your comment I'd say no. People make it complicated with their voodoo indicators trying to predict something with a 50/50 chance. What Nick shows is very simple; however, being able to trade without emotion, follow through with your (simple) strategy is difficult for most people. That doesn't mean the methods are not simple though. ;-)

@finanzferdinand9874

Жыл бұрын

@@xFFFFFFFFFFFF Loads of them. They are all the same thing. Do you actually detect any scope with this?

@finanzferdinand9874

Жыл бұрын

@@xFFFFFFFFFFFF And you clearly dont understand my comment so go away. Please dont talk to me.

@xFFFFFFFFFFFF

Жыл бұрын

​@@finanzferdinand9874 In that case would you not agree that Nick's strategy of longing support and shorting resistance is simple? It's certainly not complicated. People like to seek out some sort secret indicator or convoluted strategy when in reality things don't have to be so complicated. Now, everybody being able to successfully trade is another story; risk management, bad execution of the strategy and trading without emotion is where most people screw up. The core concept itself is simple, though.

Subscribed!👍👍

Thanks Nick, Crystal clear explanation of your strategy. Biggest issue I have is knowing how far to set the invalidation price above or below the support resistance zones. I try and keep it tight to maximise return on my risk but sometimes get too greedy and get hedged only to see a good trade play out. Some good info on your approach to setting invalidation zones in this video.

@markux1983

Жыл бұрын

I would say the answer is risk management. If you’re comfortable with losing a given amount, you should be fine. The problem comes when we get too greedy and focus on the possible winnings but forget about the also possible losses. As long as you’re fine with losing certain amount, it will mean you’re applying proper risk management. In Nick’s example it will mean summing up all the hedged losses and if these aren’t greater than what you’re willing to risk, again you should be fine with the trade.

@MrVin216

Жыл бұрын

Try half way between zones

@Psycho_Nexus

9 ай бұрын

​@@MrVin216halfway would give lesser profits on the hedged position

@Marcspix.

8 ай бұрын

Chrystal clear?? Seriously?

Thanx. You made trading forex FUN again :)

thank you

Great humor, great strategy. Like your style 😊 Plz explain how to handle different insights because of different timeframes... how to identify profitable setups in a glance?

Thank you for helping me see trading in a different perspective that has changed my life. It's crazy how simple you've broken it down and it's been in front of our faces this entire time but most of us get caught up in all of the noise trading can produce.

@EarthWhisperchannel

Жыл бұрын

He literally made me throw away all these indicators and trying to find the trends etc. I trade with Nick's way for about 10 days and shit just works. The only problem I find is some liquidations when I leverage trades

@skybiz4520

Жыл бұрын

IF you have a BUY and ZONE BROKE (Like he showed) then YOU ADD ANOTHER BUY.. Since Bounce will more likely to happen anyway, by HEDGING you are LOCKING guaranteed LOSS.. His Strategy is BS.. Besides First Buy 0.5 LOT, then LOWER second ZONE BUY 1.0 LOT, this way you will be in profit at very little bounce.. Selling Bottoms and Buying TOPS NEVER WORKS!

@sempi_loud2659

Жыл бұрын

​@@skybiz4520yeah it sounds backwards imo you buy at bottoms and sell at tops

@kokofun5865

Жыл бұрын

@@skybiz4520 How much money do you make with your strategy?

@brett9077

Жыл бұрын

@@skybiz4520 he didn't say he buys tops and sells bottoms.... watch a few more of Nick's videos. It depends on the context that the charts give you. He sells when bottoms are BROKEN and possibly retested and same for tops. Just because the strategy doesn't make sense to you and works for someone else doesn't make it bs. Just move on to the next strategy if you can't make sense of this one. Good luck trading :)

Thanks dude for listening to my question re how you work out lot size :) this is what I needed. Your videos are great and it is fantastic you show us this stuff for free.

This hedging idealogy has completely changed my trading perspective. I personally forward tested it since March, it truly works.

G'day Nick. Firstly, thanks for sharing your knowledge with all of us. I have learnt a lot from all the videos you have posted. Looking forward to more videos. Question: What do you do if you buy at Support zone, and it went to Resistance zone but you missed it because you were busy/or asleep? I'm in Australia and a lot of price movement tends to happen when I'm asleep. LOL. Do you set the Sell and Buy (hedge) before it gets to that zone? Or what if you for some reason forgot to set it and the price hits Resistance and comes back down half way. Do you then wait for it to either come back down to Support zone or go back up to Resistance zone again? Thanks.

Thank You.

always inspiring ☺

Okay that was just cool!

Is it just me, or did this explanation of his same system just click? I love these videos and thank you for sharing!

I've been trading for nearly 3 months on a demo accounts. I blew the first 3 $500 accounts, and this last account I've already 4x to 2000 after just 3 weeks and a win rate of 59%. The first few accounts I noticed I got emotional, so I made sure to stay disciplined, be patience, and manage risk and position size properly. I plan to keep this up for another 2-3 months then I will start a live account.

@chipmu5301

Жыл бұрын

same here brother. Im in a predicament of being under 18, (16) so tax laws and trading underage laws are going to be hard to work around

@sean_delay

Жыл бұрын

@@chipmu5301 I was in the same situation. I was 17 when I started my first demo account and I just turned 18 last may. Just be sure to stay disciplined, and when you turn 18, you'll have set yourself up for success. And remember, time is on your side. You've got all the time in the world to refine your method. When you turn 18 you're gonna do great. I probably wont start a live account until I've been consistently profitable for 3+ months.

@mikebasketball11

Жыл бұрын

Very good approach - you want to minimize downside exposure to loss in this game! May I ask what % of your account you're risking on each trade? a 4x on your account in 3 weeks may indicate that your risk paramaters are vulnerable to 'Risk of Ruin' (google that if you haven't heard of it brother). Unless you're executing many scalps per day at individually low risk %'s. Best wishes to you!

@sean_delay

Жыл бұрын

@@mikebasketball11 Most trades, 5 to 10% depending on my confidence, with anywhere from 1:1 to 1:3 Risk/Reward. I also primarily trade the daily/1hr/4hr. From May 12th to June 6th I entered and closed 52 positions. My largest loss was $99.13, with my largest win being $191.88. Best of luck to you aswell!

@AlexandrBorschchev

Жыл бұрын

I believe in you brother, keep improving, we are all here for you!

Awesome video...i just heard about you and found this wideo. I am very new to forex, been studying up for several months, interesting i was demo trading to get the understanding of placing an order, i naturally was doing what u dod in the video, except the hedge part, which i now will spend time to figure out. This video has given me confidence ...im on the right track... when u were learning, how far back, do u back test?

I'm watching this late at night, I need to watch this in the morning loaded with coffee and hoefully i will retain the info :)

Hey nick thanks for all this great videos i have just one question , what broker can i use ? Different from oanda

Thank you for the great video 🙏 Papertrading in Tradingview doesn't have hedging. Where can I do Papertrading WITH hedging?

Hi Nick, quick question in this video your looking for zones in the 1H, from some of your previous videos you mention you only take trades on the Daily & 4H. Would you mind clearing that up for me please, Love your videos. Thank you

thanks , i recently went to a short hedging course and i started with 500 usd just for test , i am watching your video over and over again and i try to practice on my own account , it really helps dude

Hi Nick. Do you think the hedging concept can be applied to funded accounts, some quick tIps would really be appreciated. Thanks

Interesting video... Thank you for your experience. I like the whole hedging bit bc it allows you to kind of stay in the game so to speak, which I like. Most traders do, I would guess. It does pique my curiosity, how you quote such, to me, rather small or low number of pips, like under 100, on stop losses? Forgive me as I'm rather new to forex; but is that considered a pretty "tight" stop loss, under 100 pips?

Great video Question. Are all the lot sizes the same but you just do 2 hedges if 2 trades gone wrong, 3 hedges if 3 go wrong etc.

Sometimes I just listen to your videos because of your sense of humor 😂

Hey Nick, I watched the reply. I'm in AU so I missed your deadline for questions! However, just in case you are reviewing this, do you "trail" your hedges? eg. I had a trade that I ended up hedging, and this morning, sold the longs for profit, went short (i.e added to the negative already short position) (DCA), and then watched as the market went down. I got out at BE, and shortly there after the market moved back up. So the question is, do you move your Pending hedges (in this case buys - longs) down, just in case the mkt doesn't get to BE? Love your work!

When looking for zones are you looking at the wicks or the candle body? When back testing sometimes I'm taking constant stop outs or sometimes I'm getting consistent win streaks (I would say the streak is about 10% of the time) lol

Nick, you are awesome teacher! Started in FX in 08 and by 2011 I was (and still am) trading almost identically to your style. I got out of FX because of Dodd Frank and FIFO and switched to Futures, using options to flatten out my deltas (hedge). For regulated brokers in FX, I tried using correlated pairs and taking the opposite side or uncorrelated pairs and trading the same direction, It worked to a point. So how are you getting around FIFO and Dodd Frank are you using sketch off shore brokers?. Anyhow you speak my language to a tee... keep it up bro!

@DonnyS.

11 ай бұрын

I'm using Oanda and their fxTrade platform (based on trading view) and they let you use nano lots. If you make each entry a slightly different amount you can legally get around FIFO rules. For example your first entry is 1 lot. The next entry on the same pair could be 1.00001 lots. Third entry 1.00002 lots and so on. This lets you close any trade on the same pair in any order, set take profits and stop losses on any and all entries on the same pair. HOWEVER, I've yet to try using nano lot differences to hedge. Just keep forgetting to try it lol. I've only used it so far for cost averaging while countertrend mean reversion trading when I get caught in run away trends. I'm in Arizona so I feel your regulated fx broker pain.

Nick, 0n the support? resistance Zones do you put pending orders or do you use market orders?

How long do you wait for a trade before you give up? Even if it takes a month to hit the next zone would you wait it out?

great vid. can you tell how long such an trade last in general? several hours, days or a week?

Nick which timeframes give the best zones between the 1hr, 4hr or daily timeframe

Great Britain dollars made me smile. Pounds Stirling sir 😊

@11:01 why there's another buy entered (1 from earlier hedge)? How do I know I need to buy that other extra position? Thanks.

Hi Nick-question: How would you do this on a crypto exchange like Binance for example or do you still go through a broker? (Know nothing about Forex etc just starting in crypto) Maybe you can do a quick video on crypto with your sytem..? Thx, love your content and style you make me laugh.

I'm having trouble following the hedging strategy. Are there other videos I should check out? Thanks.

I’m in there and I’m thinking about getting into the discord 😂😂

Hi Nick, Can you please let me know which trading platforms let me to hedge? i would like to test your strategy, Thanks!

Hi, how you dont get open hedge with fake outs in zones?? just give a good space for SL but use RR??

Hey Nick, I’ve been watching you for a couple years and your content is simplistically amazing! I do have a question about this hedging strategy, with controlled risk management and S/R levels, is a SL applicable in this strat? I know it wouldn’t be smart because with the amount of drawdown that comes behind it

@smetljesm2276

Жыл бұрын

It was covered a few videos back. It works, but i did notice he added another risk unit after a loser. So 2nd loser he adds another risk. 100$ 200$ 300$ etc

When you "hedge" are you buying puts to hedge downside and calls upside? Thank you.

hallo my friend. And what is the difference of this system with one that you put your stop loss above the zone and enter a long above the zone etc?

I'm testing, Nick. I love your system. I do find my own little hiccups to overcome, but still try to find something from you to resolve it. For now I'm trying to figure out my SL. I don't use hedging at the moment but am considering it. I can see clearly why you like it. It's a bit challenging to do while working full-time. Maybe you can give some advice on how to deal with that, if you wouldn't mind. Other than that I really enjoy every video. Great content and I also follow your Telegram. Great stuff!

@DHalesmusic

Жыл бұрын

I'm in a similar boat with a full-time job. SL are much less time consuming than hedging, but almost every time so far I've been hedged I can roll out of it. Granted it takes days, weeks to roll out of, but overall I think it's a good way to go. Always learning 😅

@GESEPPI19

Жыл бұрын

@@DHalesmusic Thanks for the reply. If I may ask, do you trade daily, 4hr or 1hr chart, or combination? At the moment I'm also doing the free FTMO trial trading the 4hr chart. Challenging but getting fair results so far. Always like to implement something that I learn from other traders.

How long do you hold trades? I assume a couple days/weeks using high time frames right

question how would you use myfxbook to give you simliar calculation for US30 ?

Hi Nick, You may not see this but what books did you enjoy reading that taught you stuff about the psychology of trading? Been watching your stuff for over half a year now, currently journalling my trades (before and after screenshot) for about half a year also.) P.S love the humour you put into these vids 😂

@louiearbelastimoso4665

Жыл бұрын

What strategy do u use??

Hi Nick. Thank you for the very insightful videos. I'm wondering what is the lowest time frame that works with the hedging strategy?

@julianbruce6504

Жыл бұрын

1hr or 4hr I believe he has said

Hey nick. Can you make a video explaining if you use leverage or not. I don’t understand how a $500 trade is turning into $1500, without leverage that’s almost impossible is it not? Please explain

today ive made 300$ using your strategy thanks Nick for your knowledge that you give to us

Do you execute your trades in TradingView? What brokerage do you use?

All of his videos are the same and i watch all of them. Mostly because hes bizzaro northerlion.

@MyName-fs4xj

Жыл бұрын

Allllll of them but somehow addictive

@MyName-fs4xj

Жыл бұрын

And that tells you how simple it can be…

@michaelbarbosaortiz

Жыл бұрын

Because nick knows repetition is the key to mastery

@smetljesm2276

Жыл бұрын

They are all the same but in each one you can understand a small nugget of his tricks. 😎 Plus repetition is the key to mastery.

Look I just live the tips from this guy!!! Lol

Hey Nick, what’s a reputable broker to use? I’ll jump on your close friends after it’s open. Will learn with small size and try to grow from there

Could you make the same explanation, but using the calculator to follow the progress of the capital? That way it would be better understood how to use hedging in case you are wrong 2 or 3 times in a row.

Hey Shawn how does this strategy work with prop firms? Some of them become quite funny in opening hedging positions.

Hi Nick Watching your videos and I like them. I’m beginner on the futures and want to ask can you advise how and where to open forex account. I know it’s a lot of information about it. Just want to know your advice. Thank you. Sal

Whats the maximum trades you open or opened (at the same time on one pair for example AUD/CAD)?

Hey, Shawn could you use like the Replay tool? Just to see how you would do it and see the process?

Great strategy, does this also work on 5,15 min chart?

Ive been trying to work out if there is a way to use this strategy on a funded account... There has to be. I understand that you need margin but how about if you say had a £200k fundec account but based your figures snd traded it as though its only a £50k account....? Would that sort of approach work?

I don’t understand when you hedge how can you have a stoploss? Or how can you calculate position size cause you dont have a stop loss. Sorry if stupid question

5:30 that nerve 😂😂😂

Alway Great Information !!!!!😂

Hey Nick, will hedging work with a small trading account? cheers

this guy is a g

@akmalyousaf5114

Жыл бұрын

😂 the way he teaches is savage

Leta say you buy but it drops you sell so hedge at 500$ loss but gets back to the buy price, what do you do ?

what time frime do you mostly trade and what pair?

Hy bro I am kind of new to trading is CMC a good trading platform? Also how do I see you trading live so that I can trade with you , I hope that is a valid question as the new trader forgive me if my question is silly, otherwise I love watching you on KZread and I have learned a lot since I subscribed to your channel and Start watching you, so thanks a lot brother keeps up the good work.

Do you plan on going back on the trading nut podcast this year?

🔥🔥🔥

Super video... however... you can't hedge in the US can you? If you are short 1 lot and price goes against you, you can't open a 1 lot long. The long will cancel the short out and you'll lose the trade. What options are available for US traders with the system of trading if hedging isn't allowed? I watched your video on adding to positions in order to average up or down and "eventually" the trade comes back...and risk management and position sizing will help allow for that. Is there a way around the US block of hedged positions?

i was so happy today Nick. I was up $1800.. but later on I set a re-hedge order that for my surprise when i returned to my computer it didn' go throuhg cause I didn't have enoguh margin to buy :( big time lose. Finished up the day $1500 down.... Margin is crucial to do this.

how to manage hedging while sleeping? with orders above and below or using the alerts to wake you up every 4 hours? or how much impact has a 9 hour long sleep then? i would like to hear your experince with it. thanks!

@Toosmoothtolose

9 ай бұрын

Pray to the wagyu bank hedge bank funds steaks while you sleep…

Which chart time do you use to make majority of your trades?

This is easier said then done. Most new traders will blow up this way due to emotions

Ive only used webull and tradestation, I only trade stocks. Hedging isnt possible with those 2 as i can not create a Sell position when im already in a Buy position. What broker are you using for hedging?