The key is just finding the symbol or the environment to trade the way that will fit your desired schedule. The best trades take time and how many of us have completely compromised ourselves just looking at the screen? That's how the market builds that innate disgust that takes people away from that when we need to be focusing the hardest.
Hi Nicholas,I would love to hear more about how to balance trading around everything else,at the moment I am working 5 days a week,studying the other 2 days and between that I am trading. I know as u said everyone says is simple but for me now is not. For me it would be an amazing help to learn more about how to balance everything. Thank you for this video and I am looking forward for next one!
🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining 🔹 Add us on Instagram: instagram.com/duomoinitiative/ 🔹 Our second channel for financial news and analysis: th-cam.com/users/MarketMoversFinancialNewsandAnalysis
I am from Nicaragua and the first time that I found your channel was two years ago "music for trading" And I love your videos bro. I can teach u spanish bro XD lol ... You rock man📈📉😃
Great video Nicholas, with spring starting and my day job getting busier, trading was becoming a little lack luster. This definitely helps me put my self on track.
Hi Niki! When you do your preparation sessions, what markets do you analyze? Do you analyze all major & minor forex cross pairs (excluding exotics obviously), + Gold and Oil? It would be very helpful to know how you approach this.
Thank you, i just dropped a pair from my list, i now have 5 pairs plus gold, i think one more pair might go but I love all the GBP pairs since they follow technical analysis , lol, USDCAD is next to go
This was very helpful. I like the way you break down your process and wouldn't mind if you went into more details. Also could you mention what trading platform you use since you live in England and trading platforms seem to be very limited in Europe.
Thank you, very useful video. Always wondered how you managed all the things you do. Alerts are the way to go to follow every step of the plan! On web development events are always more resources efficient. Glad to have an apology I can understand 😊
Hello! Which platform do you use to trade? If there DEMO account available to practice? YT too much info...I need specific to try how to get into trade,exit...put stop loss/gain profit... I am on Discord channel where they put what to trade and many GREEN,so win loads...I want to trade as them... 🤔🤔🤔
@@Duomoinitiative quick question. I want to start out trading soon, but I don't qualify for a margin account just yet. What tips/strategies for a small cash account approx 2-3k would you suggest?
@@quifty7 use it to practise with proper risk management and psychology. If you can't manage yourself when the amount is small, you won't be able to when the numbers are bigger. So don't expect to make money from the small account but use it to learn. Also, don't expect anything for years. You might make along the way but you need to keep your expectations in check.
@@quifty7 If you are New then Don't do it by your Self You can invest with In Funds Which make consistent money If you want to know more I will tell you
For each trade? It depends on that specific situation, I don’t trade a specific RR, I use what’s appropriate for that context. I won’t typically go lower than 1:2 but I don’t tend to trade situations unless there’s the potential for a much bigger move. I outlined my approach in a few videos earlier this year - better to check those out to understand how I manage my trades.
you must have atleast 500k to trade this rarely without it being a waste of time, can i ask what capital do you manage ? no need to give exact info just above or bellow a certain number, cheers!
This approach works for any amount of money. Just adjust the time horizons to suit what you want. Fact is, most people that trade more actively are overtrading and they would have much better results overall by trading less. Below what percentage are you seeing as a waste of time?
@@Duomoinitiative if someone has a 10k account and trades on the timeframes you do, that is what i would call a waste of time, now..trading on a lower timeframe might get you more opportunities to make more money but given the small capital it would still be a waste of time because you couldnt make a living out of daytrading with a 10k account.
If someone is working full-time and trading on the side, the vast majority of people trading more frequently than I do will be overtrading and have a negative expectancy - I think that's the real waste of time! The returns I make from this less active approach aren't miles away from when I trade more actively full-time, because the majority of the time is spent waiting anyway. It's about being more efficient and realistic.
This is a great help. Thank you..
THank you Nicholas. Very helpful.
The key is just finding the symbol or the environment to trade the way that will fit your desired schedule. The best trades take time and how many of us have completely compromised ourselves just looking at the screen? That's how the market builds that innate disgust that takes people away from that when we need to be focusing the hardest.
We want to hear that please :)
@@theduomoinitiative3868 fake account !!
Hi Nicholas,I would love to hear more about how to balance trading around everything else,at the moment I am working 5 days a week,studying the other 2 days and between that I am trading. I know as u said everyone says is simple but for me now is not. For me it would be an amazing help to learn more about how to balance everything. Thank you for this video and I am looking forward for next one!
This was very insightful. I could learn quite a few things. Thankyou.
@@theduomoinitiative2388 very much appreciated
🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining
🔹 Add us on Instagram: instagram.com/duomoinitiative/
🔹 Our second channel for financial news and analysis: th-cam.com/users/MarketMoversFinancialNewsandAnalysis
Thank you for sharing your knowledge.
I am from Nicaragua and the first time that I found your channel was two years ago "music for trading" And I love your videos bro. I can teach u spanish bro XD lol ... You rock man📈📉😃
Please make a video on your first year of trading
Plese make elaborated video as you said...
Great video Nicholas, with spring starting and my day job getting busier, trading was becoming a little lack luster.
This definitely helps me put my self on track.
You’re good bro✌️
Brilliant Video
Please do explain how we can breakdown this process for ourselves
What do you suggest for better day trading platform?
Amazing video Nicholas. Can you please make the follow up video PLEAAAAASE!! This is some amazing information
Hi Niki! When you do your preparation sessions, what markets do you analyze? Do you analyze all major & minor forex cross pairs (excluding exotics obviously), + Gold and Oil? It would be very helpful to know how you approach this.
Great video... you inspired me to have my own TH-cam channel!!
Thank you, i just dropped a pair from my list, i now have 5 pairs plus gold, i think one more pair might go but I love all the GBP pairs since they follow technical analysis , lol, USDCAD is next to go
Great video like always - I really need to get around finishing the intro trading course! :-)
Congrats for the great trade
This was very helpful. I like the way you break down your process and wouldn't mind if you went into more details. Also could you mention what trading platform you use since you live in England and trading platforms seem to be very limited in Europe.
Thank you, very useful video. Always wondered how you managed all the things you do. Alerts are the way to go to follow every step of the plan! On web development events are always more resources efficient. Glad to have an apology I can understand 😊
We want to know that !
Nic, lol, you know that these type of videos dont get good views, they are boring but necessary, lol, please expand for us.
Hello! Which platform do you use to trade? If there DEMO account available to practice?
YT too much info...I need specific to try how to get into trade,exit...put stop loss/gain profit...
I am on Discord channel where they put what to trade and many GREEN,so win loads...I want to trade as them...
🤔🤔🤔
What are your using for your alerts? App?
Alerts from inside the charting platform. I personally use MT5 or Tradingview for charting.
- Nicholas
Same tech
Love your vids 🤩
Thanks Quifty!
@@Duomoinitiative quick question. I want to start out trading soon, but I don't qualify for a margin account just yet. What tips/strategies for a small cash account approx 2-3k would you suggest?
@@quifty7 use it to practise with proper risk management and psychology. If you can't manage yourself when the amount is small, you won't be able to when the numbers are bigger. So don't expect to make money from the small account but use it to learn. Also, don't expect anything for years. You might make along the way but you need to keep your expectations in check.
@@quifty7 If you are New then Don't do it by your Self You can invest with In Funds Which make consistent money If you want to know more I will tell you
@@oandafxinvest841 teach me
God bless u 🙏🇬🇭
Thank you Robert.
- Nicholas
I have one question..it's a bit strange but.. How did you choose the name for your channel? Is it because of your background? Thanks!
?
@@oandafxinvest841 😄😄😄
@@theduomoinitiative3868 Is this how you earn money?
Hey, Nick.
Just curious what your RRR is.
Pray, tell.
For each trade? It depends on that specific situation, I don’t trade a specific RR, I use what’s appropriate for that context. I won’t typically go lower than 1:2 but I don’t tend to trade situations unless there’s the potential for a much bigger move. I outlined my approach in a few videos earlier this year - better to check those out to understand how I manage my trades.
you must have atleast 500k to trade this rarely without it being a waste of time, can i ask what capital do you manage ? no need to give exact info just above or bellow a certain number, cheers!
This approach works for any amount of money. Just adjust the time horizons to suit what you want. Fact is, most people that trade more actively are overtrading and they would have much better results overall by trading less. Below what percentage are you seeing as a waste of time?
@@Duomoinitiative if someone has a 10k account and trades on the timeframes you do, that is what i would call a waste of time, now..trading on a lower timeframe might get you more opportunities to make more money but given the small capital it would still be a waste of time because you couldnt make a living out of daytrading with a 10k account.
If someone is working full-time and trading on the side, the vast majority of people trading more frequently than I do will be overtrading and have a negative expectancy - I think that's the real waste of time! The returns I make from this less active approach aren't miles away from when I trade more actively full-time, because the majority of the time is spent waiting anyway. It's about being more efficient and realistic.
@@Duomoinitiative yes but still, you need big capital for your strategy to be worth it for you, even part time
I’m not sure what you’re basing that on but it’s not the case. What’s the alternative in your opinion?
Hey... Estudias español. Que bien. Jaja
hmmm spanish, girlfriend, Mr Nicholas did you reconect with your ex girlfriend ?😁
You watched the 'What it's like to make big money from trading' I see😅
Investing in cryptocurency is the only big chance of making money.