FOLLOW ALL MY TRADES & ANALYSIS LIVE EVERY DAMN DAY FOR FREEEEEEE t.me/mfxpublic

@supercruchynoodle

21 күн бұрын

The wagyu beef 🥩 1 century time frame candlesticks

Thanks Nick. Thanks to you I now use the century timeframe for analysis, followed by the 1 second timeframe for entry. Will let you know if I'm profitable in 150 years or so

Key game changer for me was witnessing the 50/50 1:1 win rate for myself through backtesting, and experiencing a 6 trade losing streak during that. Despite the 6 trade losing streak, the backtesting still ended at break even. Mixing that with adding to winners + cutting losers short, I've become a substantially more confident trader which is now manifesting itself into profits. It's disgusting how over-complicated I was making things, and how simple it can be.

@jamescurley8559

7 ай бұрын

yea I'm switching to 1:1/ 1:1.25R now as it works really well with my failed HOD/LOD break strategy. I'm still scared of not being able to recover from losing variance with 1:1 but maybe I should do some back testing to see how the probabilities still end in break even for added confidence.

What he does is not trading…. Its an art.

"I TAKE LOSSESS PAINLESSLY"!! DUUUDE! THAT STATEMENT IS GOLD!! 👏

Our man who napped during the live session did literally make money in his sleep like a good long-term investor lol

1:01 😂😂😂 I’m dying over here. You’re mad funny man 🤣🤣🤣

@trevelyaen

3 ай бұрын

i raise you 3:15

HI Nick just come across your videos . I've been trading for around 20 years busted a few accounts at first and now have been profitable for about 5 years, the only reason I've become profitable is because I started to really and seriously concentrate on my risk management and agree with everything you teach. I'm a swing trader and spend 15 minutes a day on trading I usually get out of a losing trade before it hits my SL and let my profits run as far as possible. There's only a few people out there that teaches good money management and your one of them. Hats off and respect to you man.

“You should never be uncomfortable in a trade … if the Market is not doing what you want it to do…” Common Sense… this is Genius.

I love this video I never been more consistent with anything even when I’m losing and the losses makes me want it more now that’s determination ! I’m literally on my 12 challenge because of over trading and greed I kept losing over and over but trust me PATIENCE is literally what’s going to get you far in this game ! Do not rush the market just take what you can get !

You opened my eyes. I am trading now only on Yearly time frime and looking for Support/Resistance on Century. 1:1 RR. Lambo coming soon.

Makes completely sense! My own experiance is: I scaled down my position size and since then....I`m in profit and it is because I make it exactly how you described it here. The reason is: I`m relaxed now and don`t fear losses anymore. I understood how important this message REALLY is. The rest is mathematics as you explained here. Thank you for this good content, it is confirmed already by my own experiance. I just feel regret about all this years listening to fake Trading Guru`s who distract their listener from finding a very simple way which really works. They making money from their You Tube channels, not by trading and the more complicated they make the thing, the more videos they can upload ;-)

I love your straight forward logical approach. Such SAGE wisdom.

That close up, lmao. But bro fr you've helped me in immeasurable ways. I don't trade the way you do, but I know now (thanks to you) that there is no way to know if price will go up or down. I trade now with a mind of 50/50 and my winners are 1:2. Thank you.

I'm somewhat of a fitness freak so I completely understand what being a good loser is. I've tried to tell a friend that and he gave me a crazy look because I said "you have to know how to lose in order to win" I always say being a good loser makes you a good winner. Not even with trading though, this is my outlook on life. And it's logical.

@CookWithStephh

7 ай бұрын

Yes people don’t get this !!! I try to explain this to people all the time but most don’t get it

@PROTEUS_SEER-OF-EONS

7 ай бұрын

Cant be talkin to normies bout trading bruh. The unenlightened slumber is as the depths of the sea.

@codmania6129

7 ай бұрын

I don't wanna be mean but 2 weeks of lifting doesn't make you a fitness freak and has nothing to do with what was discussed here. The beauty of bodybuilding that is there is rarely any losing if you're doing it so challenge yourself. It's important to have some things like that in life. Something that's good for you and not a competition, where almost every time you can walk out without losing.

@codmania6129

7 ай бұрын

I'm passionate about bodybuilding, lifting for 10 years. just letting you know you should go in bb with the mindset that it's already a win, it's already better than the alternative. Trading is diff.

This is excellent. Literally the key to it! Great job Nick.

Beautifully explained in simple words..best video 🎉

Perfect timing! I just read Tom Hougaards book. It’s so logical. If I hadn’t come across your channel I’d have frizbied this laptop into the back yard by now.

That intro was classic Nick Shawn! This guy is so funny and has great advice.

Thanks for sharing your insights; much appreciated.

Brilliant, loved the intro!

Great video Thank you Nick

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

@gesine08

7 ай бұрын

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

@asneeRonny24

7 ай бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

@cooperangel1481

7 ай бұрын

I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Eva

@Oliviajulia7191

7 ай бұрын

Wow I'm just shock you mentioned and recommended Expert Mrs Eva ,I thought I'm the only trading with her

Ok Nick, I like your humor and I like what you say :) I'm still a bad loser, hopefully exercising this very logical, common sense and seamless approach will help me to become a better loser :) thank you

You have me laughing hard at your jokes, dude! Very funny, but very educational!

Hes the Big Bopper now. Thanks for all you do Nick :)

You’re so funny 😂😂 most times I don’t even come here to learn, I just come to laugh 😂😭 but then I learn which is a plus

i love the energy you brought this video. you've help me think outside the box when it comes to trading, thanks brother. keep it up

The Main Point : Your Average Profit should be > Your Average Loss

This man is going off this year !

Bro you have simplified this skilled

Usually when I reenter the price goes other way...30mins later im in a big drawdown and i realize the market is just chopping in range...

Thanks Nick for this video. Have been on a demo account for a month, so far I haven't lost much but have not won anything yet. I have been getting a lot of stop losses with alerts to close and 1 :1 risk rate. My lines show trend line like yours too. That is hilarious with the dude sleeping on a live call.

Seems like you made this video for me!! Made a quantum leap on my trading journey since I came across your YT channel. Been profitable since last month (actually bought my first ever challenge account, and I was a trade or two away from passing phase one), until this week when I lost like 4 trades in a row! Honestly, my confidence took a real bashing, and I was scared shitless! This is just the confidence booster I need for the week! Thanks, once again, Nick🎉❤

@CookWithStephh

7 ай бұрын

Hey don’t feel bad about that it took me 12 challenges before i got funded the psychology part is the toughest but those losses made me a much better trader !

@PrimalTrades001

7 ай бұрын

@@CookWithStephh aye!! Thanks for that 🙏

@CookWithStephh

7 ай бұрын

@@PrimalTrades001 anytime !!

@ExpatTraderFX

7 ай бұрын

dude i was down -9% on my phase 1 and just doing exactly what nicks says i passed my phase 1 in over 1 month its insane how simple it can be its all about cutting loosers short and letting the winners run. you got this man..@@PrimalTrades001

Nick you are absolutly awesome,i got respect for you.thx

This is so ****ing true.

Very informative video! Do you ever use Divergences to enter trades?

You are the Man Nick.. I went live 3k down to 600 doing stupid shit..and now followed your advice above now back to 2800.. 1.1 add to winners out when not comfortable…I took so many small hits till I got a winner than loaded up..Simple maths took my account back up.. Love your work..

I like your sense of humor.

Good video. really good video.

What If someone is new to trading and wants to invest about $50,000 or more on a start up trading portfoio, please how would you advice they go about it? It's all reliable advice that I'm searching for.

@georgeh.5126

7 ай бұрын

I think experts are more qualified to offer such specific counsel because the possible benefit increases with risk. So you should consider working with someone reliable.

@josephbush

7 ай бұрын

True, initially I wasn't quite impressed with my trading gains, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of $750k...that's like 7times more than I average on my own.

@debwes1

7 ай бұрын

@josephbush That's impressive!, I could really use the expertise of this advsor, my portfolio has been down bad...who’s the person guiding you?

@josephbush

7 ай бұрын

The coach I take guidance from is actually quite known, her name is 'HEATHER LEE LARIONI'. She has a contact website, if you care for supervision.

@debwes1

7 ай бұрын

Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me before my portfolio is completely gone.

You are not a mediocre trader , you are an amazing trader with simple concepts and excellent risk managanment u are just as good as any complex concepts trader in my humble opinion

@itsoktoberight4431

7 ай бұрын

and a funny comedian 😂

@raphaeldeguzman7417

3 ай бұрын

How is he a good risk manager if he's trading with 1:1 RR

Just binging nicks videos to start 2024 off with good mental for trading this year

The Forex Master 😊😊 Much Appreciating your efforts and your amazing content Keep It up, Bro 👌👌👍👍

Bro I love your humor and channel. I cannot take trading seriously but have a trading channel myself xD xD and been trading since 10 Years. Anyway I will definitely react on of your videos in the futue ;)

Kiiinnngggg. Thanks mannn 50/50 and to be good loser or not to

Truth!

exactly.

Hey Nick, which one do you prefer or recommend for managing trades 1. Having small losses or breakeven for the trades that is not going in your direction or 2. hedging those trades and let it run on the other direction and make small profits?

👍The 'sleeping dude' scene was classic. And he still closed in profit -- better than awake traders who lost on that currency pair that day. 👍

Wow Nick that's exactly what happened to me yesterday and if I kept that simple I would just made 60% instead of just losing and taking the L all the way before the move played out

Those first few minutes were intense lol

He is smoking something great shit.. Btw i love his psychology

1:20 I love this lmao

What broker do you use? Can't find one that is regulated that allows for your hedging strategy.

The OPM of forex?? Good Stuff Nick

Hey Nick finally joined to your discord channel

Do you go based off % or $ amount for your stoploss? Does it even matter?

Sir, Do you think EURO crosses have more robust(which does not flip on A dime) short term trends intraday compared to GBP crosses? And is that beause EUR/USD has very high daily volume.Also on the same thinking do YEN crosses have more robust trends intraday/short term?Seek your wisdom.Thank you.

I use dollar amounts to determine my risk management. So if I get in for calls and the stock drops a certain amount I leave the trade, even if it bounces back that is not an indication of a strong setup

Go nick go😊

Whoah Nick...

Bald shining head of truth and justice spitting facts 😂 and comedy.

I have a question for you nick. How do you minimize risk when you can not sit in front of the computer and monitor your trade. I’m currently trying some set and forget set ups. Winning some and losing some. It’s quite hard to get a good entry or get out of a trade with minimal lose when you have to set your trade and go on with your day. Any suggestions?

@ArviantoDwi

6 ай бұрын

Set an alert in Tradingview. Let's say after opening a position and setting the TP and SL, you may want to check it again in case the price got 1% drop. The alert will notify your phone and you can revisit the setup. This approach helps a lot on forgetting the setup and reducing trade addiction.

Hey Nick, why not just have a smaller stoploss, if you close it early anyway?

The difference between unrealised loss and realised loss plus a re-entry is only emotional.

Literally love u ❤

Bro, I will meet you some day for sure.

Which forex platform are you using. I used IG but the spread is high and margin ratio is low.

trading smaller size did it for me. I jus buy the level and sit in it. I let slinky around as it's moving my way I size in. I found out in my journal I was hoping in and out in the same direction. I had an aha moment and just said why don't I just sit in the damn thing and size in instead of the extra commissions. I get my making more on size when I size in I'm still above my entry so I'm at break even atp. I lose $500 if I take my full stop to the face, 1-2k when I win. 3 trades a day that's it for me win lose or draw.

3:20 LMAO

The best loser wins by tom hougaard i recommand it

"smart money bank manipulation wagyu beef fair value gap" needs to be on a tshirt

Raw honesty, much respect

ASMR trading approach 😂

What’s the best time to trade, when there is the most movement.

MEDIUM RARE CANDLESTICK STRATEGY

Your the best 🤤

So this is an asmr channel now.

Hey Nick i see you use 1:500 leverage, which im wanting to use also. Which Brooker to you trust? Thanks

@emirkarar6231

7 ай бұрын

1:500 leverage?? where do u see that

@coreyronaldmeier

6 ай бұрын

if you look at some of the older SS you will see the lot sizes and the amount of margin used which comes to 1:500@@emirkarar6231

Hougaard gang, we up 🤠

I used to have 3 loss (baseball strike out rule). It was there to protect mental collateral as you know how it is when we go into long losing streaks and a 0-3 day becomes 0-8...However you are absolutely right. ending at 0-3 makes no difference to what trade 4, 5 and 6 is going to be. You could stop at 0-3 and come back the following day and its another 0-3 whereas the first day could have ended up 5-5. I suppose my only question is do you simply take as many valid trades as humanly possible and let the law of large numbers play its course with your positive expectancy of a 2:1 reward to risk and a 50% win rate. I believe most of my trauma and frustration came from a 0-3 day stop and the pressure to be right from the beginning of the day.

@NickShawnFX

7 ай бұрын

If people let go of the desire to need to be right, there would probably be more profitable traders. Thanks for sharing, man.

I know u guys joke about this but I actually do use the 30S and sometimes 15S for entries and exits if there is consistency within the moving averages and it's working very well for me

Is forex better to trade than crypto should I move to forex and start learning that.?

Hey SHawn! Can you make video where you are trading live? It would be very helpful and interesting to know your thoughts why you are closing a trade, why you are adding to a trade, why you took a trade.

@toxicdrifter8179

7 ай бұрын

* not a 2h stream which will get 10 viewers :D but montage some clips...

We need a compounding system

True Words…its all about 50/50 Random. Manage it with the Ratio and dont forget the fees and taxes. Thats all 🤞

what's the best platform to trade Forex? paper trading and for real?

Could u tell alittle more about ur Watchlists? Would u say diffrent pairs are hiddens gems and some are a big fat NONO?

When mention the Casino, I was sure you would say, YOU ARE THE CASINO! As Casinos in their worst game (roulette) maybe is like 51% win stats. Blackjack (not counting, play perfect (most casino has folder how to play perfect)) you are like 48? 47%. If counting you can get over 50. However point is that when count is in ur favor, you have bigger chance for BJ AND that is why people count. To bet more when you have better chance of winning 150%. I think you kind of doing this. (Used to play poker semipro before didcover trading. Unfortunately I started in 09 and as long I bought (stocks) I won and got spoiled. Messed up expectations later. Im BE ish, working on actually holding pos until target or stop is hit. Will watch this video several times. Also my most stupid mistake... Always looking for reversals when price moves alot in one direction. "It has to turn" Incredible to be so aware and just throw it all away when starting platform...

💯💯💯💯

Why am I not surprised to see that Bogdanoff twins caricature behind you. LOL

It’s me having shame about getting out and getting back in😅 I know that’s what I do! Like someone is judging me.. yeah they are ME!

I’m up 10% this week and I’m just a dumb shit trading support and resistance!!!

What if I never lose?

Medium rare Wagyu beef had me for a while. But I'm profitable now.

*Great video, but I really do have a question. For someone with less than $10,000 to invest how do you recommend we enter the crypto market? I am thinking of studying some traders and copying their strategies, rather than investing or trading myself and loosing money, what's your take on this approach?* 😊

@barzaad9564

7 ай бұрын

Wow, I do trade with him too, as a matter of fact I barely go on loss investing with him for the past few months

@cduswalt

7 ай бұрын

*Amazing to see other traders trading with Mr Rafael Higgins, I'm currently making my 5th trade with him. My portfolio has grown tremendously*

@MathewsIII

7 ай бұрын

This isn't the first time am hearing of this man and his awesome trading world but I have no idea on how to reach him

@Jamieferland63

7 ай бұрын

Am actually a beginner how can I reach out to Mr Rafael?

@lovcole

7 ай бұрын

*He often interacts on telegrams, using the username mentioned Below.*

You wanna know the truth? I like the wagyu beef and candlesticks for dinner. I like watching your amusing videos even if ill never trade lol

Now I kind of want to backtest fliping a coin at support and resistance for a 1:1 buy or sell 😂

my favourite vid!! lol