How to Fix a Losing Trade.

Trading is risky, and most people lose money.

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).

[nananans]

I once got myself into an endless web of hedges. Ended up closing all positions just to get some peace of mind.

[DaGuunOSHO]

I just started not to long ago. And it’s crazy how almost nobody talks about hedging.. u became one of my favorites. Binge watching your content. Thanks man. Take care bro

[boggle-tft]

i gotta say you are the only trader who makes so much sense and keeps it simple so beginner traders can get a grip on the market well done sir

[mariahhayes]

It's amazing to see AMC doing well after all the doomsday analyses from naysayers. The stock market is a device for transferring money from the impatient to the patient - warren buffet. It's good to remind people of this right now; you buy on fear and sell on greed or just hold through it all for the long term. It’s easy but lots of people forget.

[shimizu]

That way of thinking... it's years and years of looking at charts and deep knowledge of the market. Practice is key, thanks for the insight Nick.

[JIHalttunen]

The best thing about these videos is your calmness. The most important message for beginners is: don't rush. 😊Think about why you go wrong and lose trades, think about what you can do to turn a losing trade into a winning one.

[gerritcrafford]

This is the most in depth comprehensive video you have made to date, I have been scavenging all your content I could find, and this video takes the cake, thank you for releasing what you have learnt and developed to the people, we are you forever grateful.

[hiccupapplenod]

The Andrew Tate of trading has posted a video👑

[vincentstewart]

PLEASE ADVISE .
I was told to spread my savings across different things like stocks and bonds to protect and support my retirement.with everything being shaky, I'm considering going into Trade.?

[grant]

Brilliantly explained! Just this morning I got myself out of a crypto trade which went horribly wrong. Made only a tiny loss using these techniques. Although I've always traded instinctively with a similar style, your videos are giving me more clarity, and can see myself improving significantly. Cheers!!

[rogersalllike]

What everybody forgets when fixing a losing trade is that they spend too much time waiting for it to end for example 1-2 months and they missed planty of good set ups that they could use to come back from the loss but now they missed them because they were full on this one position to “fix” and they couldnt afford opening another position because of the margin call that can come 😅

[vpgcool]

This is Gem guys...watch it over and over.. Great content bro.

[paulstanley]

Hedging can be messy and you can loose your account when there is a big move in one direction.

[DSineBeatzTV]

THIS! Is the definition of thinking outside the box! 🔥🔥

[therealgalgil]

I just tried hedging in my sim account, ended up in multiple position at huge drawdown, I was in a stressed position but somehow prices goes in the right direction and cancelling each other. I have never been so stressed in a sim account😂

[dadz]

Thanks! now i realized that its not really the wins that makes someone profitable its the way they manage their losses

[madhavlochan]

I was able to save a lot of money in 3 years. I landed a 3 year consulting gig paying over $100K a year. I reside in the mid-west where there is a lower cost of living. I lived with my Mother ( I paid her rent). During this time I also paid off my $15K student loans and $18K Jeep. Now I have zero debt, still making over $100K and able to focus on building wealth via investments, etc

[arashm.]

this is your best video, explains the methodology and your way of thinking on hedging and scaling very clearly. love it, thank you 🙏

[andrewcjeffrey]

Good stuff. I've been trading for almost 2 years now, and yes, there are some simple pairs that do not necessarily require hedging (e.g. USDCHF) but then there are the ones with the big moves that I think hedging is necessary for profitable trading (e.g. EURUSD and GBPUSD). Thanks for validating my views. Your teachings are gold.

[zavdoreJrCapital]

interesting. Some would say scaling on a loss or "fixing" a losing trade is just you not accepting that trade as a "loss".