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// DISCLAIMERS
This video expresses my personal opinion only. Trading financial markets involves risk, and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to take are your own.
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So in other words NO you cant become a full time trader
I like some of r videos, but the noise in the background is annoying, I gave u a thumbs down for this one.
thanks nik. love from indonesia
what u talking about, i tripled my account in December of 2019…..lol
How to become a full time trader? You haven't discussed this point? You basically told us how not be one…
I like the idea of working part-time while you build up your trading account. Good advice.
This is my goal for 2020! This video is right on time. Thanks for the great advice
FIX YOUR CAMERA FOCUS
Your account must be big enough and your monthly average percent gain must be consistent enough to cover your expenses. It would not be a good idea to jump into trading full-time as your only source of income without enough savings to cover ALL of your expenses for at least 6 months, preferably a year. That way on down months, you can draw from that without too much pain and on big winning months, you can replenish it.
You keep talking about yourself, the content you offer doesn't match the titles of your videos. I will not subscribe to tour channel for these reasons. Hopefully thos comment helps you
I'm done with trading in the stock market . You can be ft truck driver and ft FX trader . It only takes 300 dollars to get started with TOS for 10k proistion .
This was just a brotherly advice to all traders. Thanks Nick.
In fact I only spend from my side businesses and save my profits from forex
I like the way I do forex, I invest with a reliable trader while doing my side businesses and withdraw profits when due. Hence I don't have to stress so much to trade and risk of loss reduced
Nick you do like 1 account but multiple strategies??? 😨😨 how can that be profitable
Forex traders do it all wrong. They trade with a broker that trades the opposite position and wants them to loose. They trade with Metatrader that enables the broker to do "stop hunting". They use a low grade platform like Metatrader. They actually get into a situation where the probability is against them.
If you really want to make money from Forex, you should trade 'Currencies' in the Futures market. It is traded in the CME (a regulated market), it has less commissions and is traded with the the real FX prices. Besides, you can use a professional trading platform like Ninjatrader or Tradestation (not Metatrader). Trading Forex the way it is today is like racing the Nascar with a VW Beetle.
it must be very boring looking at chart all the time.
✊🏼✊🏼🔥
Great advice! And to those who may have lower capital to trade with, like he said don't get in the thought process of hitting homeruns and 'quickly' doubling your account. Stay consistent, get those base hits, and I promise you'll be shocked how quickly your account will grow. That was a hurdle for me in the beginning and quickly saw my account was growing at a decent rate just off base hits. Base hits win games!
unnecessarily long video for outcome keep it short pls
Does anyone know where I can find information on hovers in the market??
Love your videos nick! ! You are genuine and honest about everything. So many people put up videos saying how i turned $100 into $22k ect but you lay down the true reality of fx trading and you genuinely want to help people. Much love from Australia! !!
Thanks for the video Nick. Please could you tell me how long it took the person you mentioned to transition from full time work to part time work with Forex on the side? I appreciate that this will be different for each individual, but it would be useful to know as I'm writing my plan and goals and I want to be realistic with them. So knowing someone else's experience would be helpful. Many thanks in advance.
How to be a full time trader from someone who isn’t a full time trader.
I like what you do but right now you're basically making the same videos with the same titles !!
I work company in 2016/17 I make 6.8k but 2year of forex I make 23k That is power of forex❤️
you are 200% true. never only depend on forex trading. You can have bad months where you will get frustrated and it will effect your trades. I also went through this and got the conclusion that we must have back up and other source of income. Thanks for sharing quality stuff.
I want to become a full time trader and I work on it for last two years. Currently my main source of income is work on permament contract in IT company, but plan transition to full time trading when my averae revenue will be 2x of current salary and I will have 24 salaries saved aside. This way I think it's safe approach. Still on my way though.
One question ?… Why you show the chart?? If you only talk 🤦🏻♂️
solid solid advice !
Thank you Nick. Send a hug to your friend/student here in 🇧🇷
Thank you nick😃