stop trading with a strategy, do this instead

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).

[watsash]

This is the mic drop video….! The ONLY and FINAL trading (no) strategy video to watch! Thank you 🙏

[Lunaloop]

It took 3 years to understand that day trading doesn't work for me. Only since I do swing trading (I hold trades for many days) and work in the Daily Chart, things have been going well! Thank you for your help❤

[brounkii]

2024 is your year people, focus on what nick is preaching and you are gonna make it. Nick have a great year man thanks for all the help ❤

[Vee_cz_]

it has been 7 months since I started to learn from your YouTube videos... On Firday I passed 1st Phase of prop firm challenge. Thank you for making trading so simple (not easy)

[ponowar]

In basically every other YouTuber's FX video they all state you MUST have a system with hard/fast rules so you can repeat it and NEVER break the rules! (no intuition allowed!) The caveat is that they all also state that the system does not work indefinitely for a multitude of reasons at which point you have to re-engineer a new system possibly for each pair. Your non-system strategy appears to have been working consistently for 6 or more years now with slight adjustments along the way. Sticking with a few basic fundamental guidelines appears to be a much better and more consistent approach that allows for personal freedom to think and act on the go. I have been paper trading for 6+ months now and I believe I am approaching pretty decent profitability using these simple fundamental general guidelines. Thank you Nick. When I'm ready to work with my hard earned money I will be joining up with you and your courses. Keep it real that's the only we'd have it. Happy new year sir.

[PaulBertrand-rdtt]

One of my first trading ideas was to have two accounts, one buy, one sell. Manage the bad trade, take the good, which is the same as your trading. I found it very different to see some indicators. On a minute, chart is totally different to 10. 30 or hour chart.

[CentMillFX]

This is exactly how I trade.Once I see a trade playing out I wait for a minor pullback on a 5min and enter again aggressively.This is the reason I can pass any prop challenge with only 1 trade.Thank you for reaffirming my way of trading.

[Swingtofigures]

Now this is it guys. So long I tell people just this, what’s separates a profitable trader is not strategy but because they have enough experience on what kinda of trade setups the double up on and which one they don’t even have to take a FULL loss on.

Over $300k in payout from prop firms and till today I still cannot put what o do as a strategy but experience which people have yo learn themselves.

[kidprophet]

These past few months ive been coming to the exact same conclusion. Ive been trading for a couple years maybe 3 idk, but this past year that has been a big observation of mine. I also havent noticed any of the actual successful traders I know use rigid strategies (you included) and I myself have found trading by nature of the market and working with what it gives you instead of predicting, works out a lot better. At least for me lol

[deegaming]

Thanks to finally trying your simple approach to trading, my account is finally sprung back from the dead, and catching up to where the balance first was a month ago. The drawdown wasn't terrible, but you could see on my Excel progress graph that I was overwhelmed by all the strategies and noise on YouTube. I should have just kept things stupidly simple and controlled risk and managed my trades properly. Cutting losing trades short, and adding to winners. That I wasn't doing at all, lol. Thanks Nick. I'm laughing at myself now for how simple trading can actually be. My confidence has skyrocketed, and when I lose, I lose small, but my winners are now on average bigger than my losses. Even after I lost a few trades in a row, I still made money on one trade.

[mido]

took me 4 years to get to the point and u was one of the reasons thanks mate
and its not about this video just in general cheers bro

[vashaunjones]

As i started trading, I realized your "strategy" can only be so mechanical, no matter how ok, good, kinda good, perfect your setup looks. You have to make the decision at the end of the day the market is forever changing, and your setup is going to always look different in someway.

[Ladybre]

You are a genius by just realizing you're going to lose regardless but with the stop loss your literally putting your self at the best advantage you can't predict the market the algorithm does what it wants !

[MongeNoMercado]

17:53 Carlos 🤣 that's my name, wtf, that felt personal! 😂

[zamiadams]

Basically just sell a course, you'll get consistant profits.

[financialtrader]

Loved it, just loved it because of "smart money, ICT, order block, distribution fair value gap confluence accumulation " 😂

[christ]

No, find a trading system u can work with, make it simple, have a plan, but definitely use your good intuition as your base. There are times when I go off script. And that's okay. I only trade SPY options. One market. My system runs at least
75 - 85% in terms of predicting the trend before I even enter. Maybe sometime I can take a screenshot of my dashbord.
Upwards & Upwards!
- CT 14:15

[pokegasm]

Wow, just mind blowing. I’m fairly new to trading only having a grand total of 5 months. Learning and trading, but December was a turning point for me. I couldn’t comprehend why everyone talks about strategies because for myself it didn’t matter if I traded SMC or S&R I would be the reason why I blew my account. My mental control would cause me to over leverage or FOMO or revenge trade. I was a sore loser, but after watching your videos I’m realizing I need to chill, I realized strategies didn’t matter this month and sticking to S&R for simplicity would be easier, than adding in your mindset, that to me is the most valuable thing is the mindset behind this. it wouldn’t matter what strategy you use, the mindset is what I needed to hear. Thank you sir because you have just helped me tremendously, now it’s up to me to implement it.

[clarencecross]

I always wait for a retest and make sure it’s moving in the direction I want (with volume) before getting into the trade.

[antoniocordon]

Nick, this video has kicked my head tremendously. Amazing stuff. Happy new year!