Complete TRADING GUIDE for Forex and Crypto 2026!

[00:02] earn money and be profitable. It's not about looking good. there. You are really awesome. You're not helping those people. to understand. Trading is difficult , your terms are difficult. Why do

[00:17] our goal on this channel, huh? Even though we have read a lot, our goal is for you to learn. [music]

[00:34] and what we're going to talk about today guys is all about trading. Okay. So if trading is, you only hear about forex, you only hear about crypto, stocks, that's what we're going to talk about trading today, right? This is

[00:50] for beginners, I repeat, and for newbies who really want to learn how to trade. Okay? That's what we're going to talk about today, right? So, what exactly is this trading? Do you really want to learn? Okay, I'll just keep this short,

[01:04] guys, for our video. And this, I just did it. I actually had my assistant make this slide because there are so many in the comment section and I still don't really have any idea what trading is. What are we talking about?

[01:18] No, actually I spoke last year at the traders fair and now I wasn't able to attend because of a wedding. Okay? I have a wedding to attend. That's why I'm coming back to this channel so that at least we can

[01:30] learn something new. Sorry I don't use Canva but bear with me. This is our slide. I'll make my face smaller, guys, so you can learn more. Okay? Our objective today is to understand what the

[01:44] world of trading is? It's that simple. Okay, what other markets can be traded? Okay? There's forex. Okay? When you say forex, is this real money? Japanese yen, US dollar, euro, crypto. You

[01:59] guys know about crypto, Bitcoin. Ethereum, XRP are what you're hearing. Stocks. These are the ones here in the Philippines, Jollibee, Globes. In other countries, Tesla, ah, Microsoft. What other stocks are there in

[02:15] other countries? Too many Apples. There you go, Apple stock. Number three is platforms. What are the trading platforms used? 'Right? platforms do you use? Let me remind you that in our next

[02:28] content, we will be reviewing various platforms so that you can see, because we have reviewed many before, that you will want to see the advantages and disadvantages of those exchanges or platforms. And it would be nice to be able to compare,

[02:41] to compare, what are those different platforms that are used for trading? So of course, we will also talk about the various indicators used here, the basics like support and resistance,

[02:55] trends, candlesticks, and then risk management. Now, risk management. Now, now. Now, uh, you can watch this video again and again when

[03:08] you're bored or something. But I suggest guys, go back and review it so that go down to our advanced strategies . Okay? So there you have it, we also have an understanding of trading psychology which is very important. The mindset,

[03:23] most intense. Others think that as long as you have a strategy, you've studied it for a long time, you'll definitely make money, but they don't know that the real battle in trading is your mindset, your psychology, and your emotions.

[03:37] Okay? That's a big factor. Now, number seven guys, of course we are here in the AI ​​era, not in digital money, in digital currency. So of course there are AI tools. Before 2015 when I started trading, of course it was

[03:50] very bloody. It's almost too brutal because I'm so confused about basic, intermediate, almost all the strategies because I'm learning so much. And now, of course, it's AI. There is a lot of automated trading, there is algorithmic trading, there are signals, there is

[04:03] AI trading, there are automated bots that we can also take advantage of if they are really effective . Okay. So, number seven, we can talk about that too, right? Because we need to, guys, we're kind of keeping up. It's

[04:17] not that technology is leaving us behind, right? Now, there you go. What is trading? Okay. Let's get this naughty head back on track. Trading is buying and selling financial assets to make a profit. So trading is just this simple,

[04:30] guys, right? We can simplify. I will try to explain it in a very simple way that you can understand or in layman's terms. Especially those who don't really know anything yet. Okay. So, they say buy low cell high or sell by buy back

[04:46] lower. So, buy low, sell high. That means with stocks, it's just that simple . Do you buy bitcoin or do you buy gold? It's a real currency, right? Or

[04:58] you buy a car, that's okay. You buy your assets. Of course you'll do that, guys, right? You bought it cheap. Okay? I bought this necklace, for example, for Php100,000. The price of gold has increased, reaching

[05:12] 200,000. Of course I'll sell him. Okay? I'm going to sell him so I can make more money. I put it on. Okay. Now, when it comes to trading, there is also short-term trading, right? It

[05:25] can be short-term trading or long-term trading. Short-term trading is possible, guys, go to a money exchanger or money money changer. Money exchanger. So go there, go where you're going, for example, to another country.

[05:38] Now, when you go to another country, you have pesos, but you need dollars if you go to the US. Now, haven't you noticed that the dollar exchange rate today is that you noticed that the dollar exchange rate today is that 1 is equivalent to Php60 or Php61. I don't

[05:50] know what now. So that means for example I exchanged Php60, I bought 1 for Php60, I now have 1, or my purchase here was only $60

[06:02] . Now it's just a short term. Trump suddenly tweeted. Okay. And that's good news. What happened? The value of the dollar has increased. Okay. It's now $65 per

[06:14] value of the dollar has increased. Okay. It's now $65 per one, what should I do? I have 1 here. What I'm going to do is sell it or I have a money exchanger for 65 perll. I have a money exchanger for 65 perll. How much did I earn? 5 because I bought it for $60

[06:28] How much did I earn? 5 because I bought it for $60 , I sold it for $65. So I have 5 incomes. Same with Bitcoin. Okay. So for example guys, I have bitcoin. The price of Bitcoin today, if I'm not mistaken, is $81,000.

[06:42] Or I have one Bitcoin worth $81 or $81,000. Now tomorrow bitcoin will rise. I have one bitcoin. I bought it for $81,000.

[06:54] It became 90,000. Okay? I'm going to sell this. I'm selling this. Why? Because its price is 90,000. So I earned $9,000. So that's what it's called, just change or sell high. That means

[07:09] you bought the asset. It's yours, you own it, you can sell it anytime. So we also have short-term trading. We have something called leverage trading. Okay? That means futures trading. This means it's like

[07:23] your money is being wasted. Your investment is small, but because there is leverage or because it is trading features, your capital can be multiplied 10, 20, 100 times. For example, I have a capital of Php100

[07:38] or I'm going for leverage trading. It can be 10 times if I trade, right? The exchange or broker will lend me money . Of course, if I win, I win 10 times as much. So what if I lose? Ah, that's the worst part because

[07:52] you lose 10 times. So those are what we will discuss. Those are different types of trading, guys. You can just buy an asset and become its owner. Or it can also be short-term, quick trades. There is scalping, day

[08:08] trading is possible. Later, how about we see if we tackle that here in the slides that my assistant made. Okay? So actually I can discuss better that we at least have something to follow so that

[08:22] you can at least come back to it. Right? Why do people trade? Why do we we want to grow capital or diversify income. It means you're a businessman now. You have a lot of money

[08:34] in the bank. Don't you know that it's already rotting because of inflation? The price of money is going up and up, but the value of our money is not increasing. You now want to grow your capital or diversify your income. Meaning

[08:47] you will increase your basket basket. You have a business, a restaurant, you have a hospital, right? You vlog, you have some income on YouTube or you buy and sell in the TikTok shop, you have some income there.

[08:59] You trade Forex, you trade crypto. So you have many sources of income. That's what diversification or inflation. Let's not talk about that for now. opportunity to profit

[09:13] we call leverage trading, which I discussed earlier . It means that when the market goes down, others think that when the market goes up, that's the only way you can make money. Oh guys, let me tell you that you can also

[09:27] earn even when the market is falling. So that's the power of futures trading or leverage trading. So that's what we'll talk about too. Okay. That's what you always see. Every time they see me, "How are you

[09:40] Marvin? Bitcoin is crashing. Oh, are you okay?" Oh, that's okay. It's okay because I sold it. I'm wearing shorts. Or not? They don't know that. So you can still make money even when the market is volatile. You can also make money even when the

[09:53] market is falling. That's what that means. That's it. Are our newbies still okay? If it's too fast, you can just slow it down or just rewind my video. Okay. So let's just have a little discussion. This is what

[10:06] I said earlier, the forex you always hear about. Foreign exchange. There's the hear about. Foreign exchange. There's the Euro, USD, Japanese yen, what else? There's the world of forex, there are also commodities, indices,

[10:20] metals, and other things that you can trade. So this is just foreign exchange . This means you are trading the euro against the USD. Just like my example earlier at the money exchanger, I exchanged pesos for dollars.

[10:37] Okay. That's why there's no peso on the exchanges, currencies that are minor. Is that called minor ? But we won't discuss that now. So let's stock up. This is what I mentioned. Nasdaq, Tesla, Apple in the

[10:53] Philippines, Jollibee, Globe. Ah, here's another big company, Ayala Stocks. You're just buying him. Okay? You buy the asset and then you just wait for that asset to increase . Once its value increases

[11:06] , you will sell it at a higher price, meaning you will make a profit. That's where price, meaning you will make a profit. That's where Bitcoin. As for Bitcoin, you can also buy bitcoin now and then

[11:20] hold it for 5 to 10 years. If the price is high, you can just keep it when it goes up, and then sell it. Okay. There you go, commodities and gold. This is what I'm telling you, commodities samples are oil, wheat,

[11:33] coffee, metals, right? And then gold often in safe haven assets. So you can trade future CFDs. This is what I'm saying to you about leverage trading or ETFs. Okay. Affected by geopolitics, supply and demand, macro

[11:48] events. So guys, if you notice, "Isn't there a war going on or Trump suddenly tweets, 'Is there a war between Iran, the US, or is it the Ukraine?'" you'll notice that gold is flying because it's affected by what's happening in

[12:03] that country's economy. If what you're trading is gold and then against the US dollar, of course it has an effect on the economy because that's real time . You see, if something suddenly explodes in Iran or Trump suddenly makes a statement ,

[12:18] these currencies that are traded against the currency of that country will suddenly go up or down in large movements. Okay? I hope you guys are learning. Again, if I were fast, I would want to tackle everything in a short amount of time.

[12:33] Cryptocurrency. This is what you hear about Bitcoin Ethereum. It's simple, guys. Crypto is digital money, digital assets right? Bitcoin was the first crypto. Okay. They followed Ethereum, XRP, Cardano, what else?

[12:48] Now there's SOL, there's SUI and so on . No, those are digital assets. That means You just need to have your hard wallets, decentralized wallets that can be your digital wallets. Okay. The worst part is

[13:02] that while in Forex you could only trade 5 days a week , Monday to Friday, in crypto you can trade 24/7 on exchanges. He doesn't close. Monday to Sunday, that's open. That's why it's listed here, highly volatile and

[13:17] the risk is higher. Because it's high risk, high reward. That's the same, right? In many things, the higher you resell, of course, the higher the return will be. Okay. Influence by regulations, adoption, news, onchain

[13:30] data. And I'll just add the tweets of influential people. Okay. So for example, when the Federal Reserve, Trump, Elon Musk, tweet or there's news about them supporting a specific crypto,

[13:44] the price suddenly increases, right? Melania, Trump Coin, right? Those are the ones that Melania, Trump Coin, right? Those are the ones that because my face is actually quite small here. That's my little tip so that

[13:59] you can at least see me speaking. Okay, move forward. Our next step will be other instruments, such as Nasdaq, ETFs, and CFD contracts. So, tackling him too much because he's a little bit advanced. We've discussed almost

[14:15] platform. What this means is that if you exchanged peso for dollar earlier, in our example, and you go to a money exchanger or money exchange, okay, you won't have to go there anymore because you can only

[14:30] use it digitally. Okay? There are trading platforms that can only be used online. Okay? You just register there. Just download that app, and you can trade on those platforms. Now, the

[14:43] reason why we review different crypto and forex platforms is because we want to see their advantages and disadvantages and whether money in there, those platforms aren't legit. Your problem is that you can't

[14:56] withdraw because it's a scam platform and that's where the scammers go. Okay? They see what those platforms are offering as too good to be true,

[15:08] that because you need to use legit trading platforms. This trading platform just means what you use to trade online. You won't go to the money exchange anymore because that's a long process.

[15:21] Okay? So I mentioned the trading platform earlier. On the trading platform, because you trade there, you can buy. You can also turn it into a wallet. There's a lot that can be done there. You can also trade with leverage. You can also chart. Okay?

[15:34] When I say chart, isn't that what you're using in the trading view ? the market movements. So you can also move or use it within draw drawings there. Can chart within the platform. Okay.

[15:50] Now, going back to this, this is where you also manage your risk. Okay? that means you're managing your risk, because you can pretend you made a trade and then it turns out your trade was wrong, right? You can cut that trade.

[16:06] Okay? That could be automatic. For example, you have $100 and then you trade. You don't want to waste that $100 in case you lose. What you're going to do is just set him up. It has a manage risk stop loss. You just set

[16:20] that stop loss just in case your trade goes wrong. For case your trade goes wrong. For example, you said bye to go up. You're right . What if you take a bye and then fall, you're wrong? This means that the

[16:32] $100 you invested as capital will not be used up. Ah, it'll just run out and you'll just put it there for 55 . You will only lose 5. So that's the advantage of having a trading platform because you set it up there too. Okay. Okay. So these are

[16:48] just examples of what trading platforms we have. So for example, Binance has a lot of Crypto. Buy Mexi, OKX Bitgget, Buybit no'no. In the

[17:00] example of our trading platforms , of course that's XM, right? Oh, there are so many platforms. Now, Forex and CFD platforms. What are

[17:12] its features? Features of that market. Again, you will see the chart which is symbols. You can trade a lot inside. It could be crypto, it could be gold, it could be forex. It's all there within the platform. Not one by one anymore. Okay? Order

[17:28] window. What I was telling you earlier was that you should manage your sleep. Only $5 was spent. You can set your stop loss and our example was the stop loss, which means you stop your loss, you limit

[17:44] your bleeding, you limit your loss, you can also put your TP or your take profit. For example, you saw or predicted that Bitcoin would increase by 100,000 times . So it could be that automatically when

[18:00] he hits 100,000, he will hit your take profit even if you are sleeping. That's all it means. Hey guys, if you want an additional guide for our newbies if you've reached this video,

[18:14] I have a Discord channel in the link below. Okay, we'll guide you through what we're talking about. If you use platforms, you have questions about trading, about

[18:29] registrations. I have a link to it in our discord below. Just go in there. It's free to enter there. The teaching is free. There are also supports out there that I pay for myself just to support you and teach you step

[18:43] by step. Okay? Now, going back, there are also crypto exchanges. which are the examples we gave earlier, Bybit, Binance, OKX, and other platforms that you can use. Again, if you have any questions, just go down

[18:56] below, there's Discord there. Okay, we will support you with your questions. Almost all the features of boat exchanges are the same in crypto and forex. No, again, that's why we're reviewing them

[19:12] one by one so that we can see what the features of this platform are. Okay, he's that simple. Charting basics. There, you can see the market movement here. Alr. So that's where you can see where the market is going.

[19:28] can see where the market is going. Is it going up? Is it going down? Or just sideways? So those are the charting basics, those are the things we can talk about because we're here for the basics. Okay. Candlestick charts. This is what

[19:40] we see. What are those? Why is there red and green? It's like the one in the hospital, the tit tit tit is acting like that, right? That's what newbies see first. I put myself in the newb. When I saw this,

[19:52] what was this? That seems like a mess . It's hard to see. So it's simple, guys. This is what we see as a candlestick. Meaning, we see as a candlestick. Meaning, okay, all of that is price movement.

[20:04] For example, gold versus. So this is what we see as USD opened higher here. Okay? This is his opening. The opening. Okay. And then

[20:16] his close one is here. You'll notice that this is a candlestick. This is called the body. Okay. Body t's. This one at the top, this is called the wick because the price passed through there but didn't close there. Now,

[20:29] candle is red, it means it started at the top and closed at the bottom. He's just that simple to understand. Or vice versa if we're here on the green. You may have seen that it's already big, so it's

[20:44] green because it started to open up at the bottom and its body closed at the top. Okay? Again, in red. It started to open at the top and fell. Close here. So that's red. Now, why is this green? It opened

[21:01] at the bottom, closed at the top. This big green candlestick has formed. Oh coach Marvin, what is that? Why is there a tail or why is there a that? Why is there a tail or why is there a wick? Because even though

[21:14] the candle opened here, it went down here, it went up here, but it didn't close. He played around there first before he got close to it. Okay? So it has a body . So you'll notice when he moves here, okay? When he moves here,

[21:29] he'll be here. He is loyal to this because he opened here. Why did it follow? The explanation is simple. Let's not torture ourselves anymore. So let's say this candlestick runs for five

[21:43] candlestick runs for five minutes. Okay? Or that means after 5 minutes he will switch candles. After 5 minutes, this is what he ran to. He is about to switch candles. He's just that simple, that's how it is. Because this is,

[21:56] first of all, 5 minutes to move, 5 minutes, 5 minutes. If you are on a 5 minute time frame, what if you move to a one hour time frame or a 1 hour time frame? Or just a simple explanation. What it ran for is 1 hour or moved 1

[22:11] hour again, 1 hour again. Okay? Let's not make it any harder because trading is already too difficult . Then we'll make the explanation even more difficult. The goal here is not to make me look good and what I'm saying there is that these are difficult

[22:24] terms, the goal is to make it easier for you to understand. Okay. So let's move on. This is the time frame I was talking about earlier: 1 minute, 5 minutes, 15. So when the candlestick moves, it means if you are at 1 minute, move 1 minute.

[22:38] If you are on a 5 minute time frame, go for f minutes. Don't worry because you'll figure that out. If you were here, that chart would be you'll see what you can move. So if we're at 15 minutes,

[22:52] I'll move it to 1 hour. Or that 1-hour candlestick. It's really that simple. If we're talking in layman's terms, don't we want to make it easier? Okay. Shorter term frame, more noise, more signals, higher

[23:05] time frame, stronger signals and then the more intense the more credible he is because what he is, ah, the higher time frame means the clearer what he is saying . Because in 5 minutes, a lot happens. It will be a big deal. Well, it

[23:20] depends on your style. And in your strategy. That also has advantages and disadvantages . We're just at the basics right now . Okay? The others are combined with frame, also looking at the 1 hour time frame. So that's each person's style.

[23:33] frame. So that's each person's style. first. Indicators. These are the tools that help you trade. So that's a lot, guys. We will also tackle the

[23:46] indicators that are used . For example, those are moving averages. So we're looking at those too. Why? Because that's also a big help in determining the market. This is a sample of a moving average. If the

[24:00] blue is at the top, it means the price is going up. If it is at the bottom, it means the price is going down. That's why you noticed blue is at the top, red is at the bottom, going up. So what if it crossed? The red one is on

[24:13] top, the blue one is on the bottom. Well, that's an indication that the price is falling. Okay. Oh. So we'll talk a lot about that because that's an indicator. Used tools. And of course the drawings are all here too.

[24:27] You want to draw lines there or Fibonacci or whatever, here are all the drawings you can use. Alr. So that's it, going back to our beautiful slide. Okay. Here we are at where to draw and add

[24:39] indicators. That's it, you can use the one from earlier, tradingview.com. That's the charting platform I use. Actually, among the exchanges Join Discord and let's talk there. I'm teaching you

[24:54] use it. Those indicators are also inside the exchanges, because he's used down most of the time. So there are trading views, Metatrader 5 and

[25:06] other things where you can draw rectangles, right? Because we use different indicators. What are those indicators? What are those drawings? Coach Marb, right? So let's talk about it quickly,

[25:19] okay? Seriously, you're here in this video. Okay. Price actions, support and resistance, trend, supply and demand. Those are the things traders study , the things they use to read the markets. Where are you really going?

[25:32] Because remember, guys, they think trading is just gambling. Yes, they are right if they don't study these strategies. Because just imagine, you just have to guess whether the market will go up or down. He's just that

[25:45] simple, isn't he? You can make money. But if you're going to do that, just go to the casino. Okay? Just gamble because what you're going to do is buy and sell. Just hold on, press buy or press sell. But why do we study price

[25:57] action? Support and resistance, trends, supply and demand, ICT, SMC, Harmonics, whatever else Elliot Wave, or different styles, price action, whatever your style is. Why are they studying that? Why? Because they want to be able to

[26:11] predict the market better. He's just that simple. They want the probability of them being right to increase. It's just that simple, guys. Why is he like that? Why are they studying that? Why are they Google taking the time to study this one?

[26:23] Okay. I mentioned earlier that there is trading because some people have automated trading because others don't want to get a headache . They don't have time to study it anymore so they turn to algorithmic trading, bot trading. Okay?

[26:35] But not everything is effective and profitable. So you're still better off trading manually. Okay. So this is support and resistance. What that means is simple. Price level where buying interest appears.

[26:48] Okay? Let's not read anymore. I'll just simplify it. Okay? Support and resistance. Okay, let's go through some basics. That just means if you see the ceiling of your house and then your floor, the

[27:01] your house and then your floor, the ceiling is your resistance. The ground you are standing on now. That's the support. What do I mean? This is it, guys. Let's keep it simple. There you go.

[27:14] I'm putting two lines. I just mean where I just mean where the price bounces. Please. That's it. So what you see above is resistance, below is support. That's it.

[27:28] Why is that important? At least we can see where he is respecting or where he is bouncing, bounce bounce bounce. But again, guys, he's not just being traded blindly or being used for this.

[27:41] We use many indicators. You might think that once it bounces there, it will bounce off the ceiling. Or I'll trade sell because I know it's going to go down. Yes. You might be right about that. He came down. If

[27:54] you sell there, it will go down because if you buy there, you are also right. You either win or lose you'll also increase the ones you use because what if you hit resistance and thought it would fall but it doesn't go up and beyond? So those are the things

[28:10] the explanation of support and resistance. Market trends are very simple . Okay? Why do you notice? I always say simple because I don't want to make it difficult. Let's get down to the basics first. Okay. Now uptrend. It

[28:25] just means that the market is in an uptrend and going up . Oh, he's just like that, okay, sorry, I'll remove the drawings, guys, so you don't get drawings, guys, so you don't get confused. So if you've seen that, we won't make it

[28:37] too difficult for now and will discuss higher high, higher high, higher low. So we see here that the market is going up, meaning it's an uptrend. Now if you look sideways, you'll notice there isn't much

[28:51] direction. This is him. That's why it's called sideways because its movement or ranging is sideways. Okay? You can't yet determine whether it's going up or going down. That's how he is called sideways. There is no clear direction yet.

[29:06] This is a downtrend. Of course, it's just the opposite of an uptrend. That's an uptrend. Let's just keep it simple if it's a downtrend. That's down, right? if it's a downtrend. That's down, right? Downward downtrend. Okay? Let's keep it simple too

[29:19] . Sorry guys if I'm going too fast because our video might get too long . I do n't want to make it too long. Maybe information overload later. We are just at the basics now. I won't teach strategies first.

[29:31] In my next video, we'll talk about strategy. Alr. Supply and demand zones. So it seems in a way more intense. Okay? Stronger support and resistance. Supply zone at the top, demand zone at the bottom. There you go. Where strong buying

[29:46] pushed ah pushed priced up. Okay. This is it. Demand zone area where strong buying push up. Okay? And then the supply zone is an area where strong selling pushes prices down. Okay? So in a way it's like support and resistance but

[30:00] more accurate. That's it. That's all, isn't it ? That's why they say there are liquidity grabs or some kind of supply and demand zone. some kind of supply and demand zone. We have what we call

[30:14] different terms. But we'll keep it simple here on this channel. Alr. Now, what else? Let's just add the market by sharp moves away from a price area used to anticipate possible reversals or continuation. So again, we won't

[30:30] discuss him in super depth because we're just getting into the basics. Lot size and risk management. This just means, I just want to emphasize to you that risk management is extremely important when it comes to trading. Why?

[30:45] Because you're just limiting your losses. Suppose your investment is only $1. I do n't want it to run out. I like that when I trade, only 2% is deducted

[30:57] from my account. That's what we need to calculate. Okay. Because maybe later you'll trade with leverage 100 times what you traded. 'Right? Only $1. You've done it 100 times. How did you get there? Well, is n't that enough? What a waste of

[31:13] your money. You're still struggling with that . We don't want that to happen. So always use stop loss. That's on the exchange. We will teach that in our next topic. Okay. We're here for beginners, right? Protecting capital is number one

[31:26] priority. This is not gambling. We need to know how to protect our money. That's the goal because once that's gone, you're out of the game. 'Right revenge trading. You will mortgage your house to get your money back.

[31:40] Don't do that, okay? Stop trading. This is not for everyone. behavior, don't get into trading. It seems like you're sorry. Okay? Don't waste your money. Then you'll blame Marvin Pubis again.

[31:53] Okay? Your trade lost. You lost. Your money burned. I'm at fault again. "Don't you blame me for all your problems, even your problems at me a scammer. Stop it, please. No one can scam you first of all. So don't

[32:07] [laughter] always use stop loss. Aim for a favorable risk and reward. Risk and reward. That means if I lost by one, at least I should have won by three. Okay? You will learn that in

[32:21] our next discussions. Okay? Let's just hurry up, guys. Let's just hurry up. Let's just enjoy life so you can learn more. I am excited. Imagine we are squeezing those years of training, years of learning,

[32:36] okay? And we're shortening the getting experience for you. Okay? So what's next for us, advance advance? Okay. Tell them we're all about binary trading. 'Right ? Let's be traditional now. Okay, let's

[32:49] also show you the lot size. What is that lot size? This is the that lot size? This is the simple word you are guessing at. Okay? Or is that what you're estimating the lot size to be? That means your money is $100. 'When

[33:02] you increase your lot size or your bet is 10 or your lot size is times 2, times 1. That's what it means. The times you can earn more are bigger. But the disadvantage is that you can lose more at times

[33:18] . So that's your lot size, let's go back to risk management. You just need to make it smaller. Your lot sizing should depend on your capital. We won't discuss that in the future either. For example, you have $1,000 to

[33:32] invest. Your lot size should be at least 01 for those. It's really small. Okay. Smaller lots, smaller risk and smaller profit and then loss per pip. But if you increase that, of course you will also gain a lot

[33:45] , but you will also lose a lot. He's just that simple. Okay. As for lot sizing , it's easy to discuss in our next discussion. I'm starting to get nervous, guys. Because it's so bad all the time. I was just

[33:57] simple and sizing. This is the sample I can give you since we are still in the simple stage. So with standard lot sizing, if you are standard lot sizing, if you are only standard at 100,000 units, you are only at least

[34:12] only standard at 100,000 units, you are only at least one lot. So if you're small, you can just go with nano 01. But guys, maybe it would be easier if we just went with standard, what we'll do is if

[34:27] your investment is 1,000, at least 01. Okay? If your capital is $2,000, you can trade 02, so that's it. If you have invested 10,000, your lot sizing is only

[34:39] one. But you can lower it even further so that, what's more, your risk is even lower. If you want, your investment is 10,000 but your lat size is only 01. Do that so that no matter what the market's ups and downs are, you won't get

[34:53] burned. Okay? There is a correct computation here. Okay? That's it. Just imitate because it depends. Different brokers have different names . Like this is a min. As for the others, they are sent accounts, micro, nano, it varies

[35:06] per broker. So there you go, at least you can imitate or you can also chat GPT about what you have, your loss. So for example, you only invest $10, $1,000 or chat GPT, if I reach this trade and lose, my stop loss is reached,

[35:21] only 2% should be deducted from my account. The question is, chat GPT, what should my lot size be if I traded on this entry and my investment was only my stop loss. How much? Let's shorten life,

[35:36] guys. That's where the AI ​​is. Let 's use it. Let's not pretend . I really burned my eyebrows badly. I organized it, I studied Elliot Wave, SMC, ICT, I studied everything. Isn't that you

[35:48] ? But of course the technology is already there. We might as well use it to make life easier. The bottom line here is that we all want to make money and be profitable, right? Be disciplined. It's not about looking good. Or not?

[36:02] You are really awesome. You're not helping those people. Why not learn? So why aren't you learning? It's so hard to understand. Trading is hard. Your terms are difficult. Why don't we make it easier? Or

[36:15] Even though we have a lot to learn, our goal is for you to learn. Alr. That's all. [laughter] It's just funny. Psychology matters, guys. There you go. I discussed this here in Hong Kong. My audience is all Chinese. In Dubai

[36:29] I talked to the Philippines. All over the world, I talk about trading and mostly the topic I really focus on, aside from strategy, is psychology because this is what can really blow your mind. Think about it, let's just talk real,

[36:42] or your money is your real money, and then you see it disappearing slowly. Of course you'll be tense about that. Your emotions can make you high blood pressure or you can make mistakes. You and your spouse will fight because you are upset. You lost, didn't you

[36:55] ? How have you been all week? You're welcome . So we don't want that to happen. So we need to study this. Emotions, right ? That fear greed is what you will keep market will swallow you up. Remember, there is no emotion in the market. Why are

[37:11] you getting emotional? 'Right? Revenge trading. That's not allowed. You can't you will never win if you do revenge trading because you are no longer in the right mindset. You just want to recover your losses. Okay? Go to sleep.

[37:24] We have a lot to discuss if you want. Watch psychology by Marvin Favis. Trading psychology by Marvin Favis. I got that last time at the Traders Fair. My topic is full of people . And learned a lot

[37:38] . Let's not discuss it here. Common psychological traps. That's it, overtrading. That's it. You will be rewarded. Revenge trading. That's a handsome reward. Overtrading is because you're always winning . Don't you want to stop?

[37:52] You've overdone it so much. You still lose. Okay. Is the stop loss moving? Instead, there should be a stop loss because that's where account going down, you just move it around, so

[38:05] your loss doesn't get bigger and bigger. Okay? Others are removing stop losses. So depending on what you're focused on, do that. But if you're focused on that, good luck. That's it. Alr. Chasing price after missing setup. Or you're so excited.

[38:19] You saw Bitcoin going up and up and everyone was making money. You saw it go up and up you bought it too. That won't go up any further. Oh boom. Or we are all happy. You're the only one who does n't. Alr. Because you were the one who became the exit

[38:33] liquidity. So you're the one who lost because you got FOMO. Fear of missing out? You didn't analyze, you didn't chart. What you did was just chase. Risk more than a loss to win it back. There you go. This is done often.

[38:48] You are losing. You're doubling down now so you can beat him right away and will happen? Oh boom! Still lost. It even doubled. You could have only lost $100, but even doubled. You could have only lost $100, but you still lost $200 or $300.

[39:02] Okay guys, I'm sorry if I'm talking like this because I'm really rushing talk like this. I'm just trying to hurry things up so we can cover everything. Okay? So we can move on to more intense ones. Types of traders. It's easy.

[39:17] Scallopers. Those are just quick trades. Day traders can post all day long . Swing traders hold this for days or weeks. This is a position trader, it's been a long time. Your positions or

[39:29] your trades can be months. Scalper is just fast. Okay? Sometimes it's just seconds, right? So he's just that simple. Alr. So you will determine the type of trader you are in your free time. Or because later you'll have a full-time job

[39:46] there. Then your trading time is only 30 minutes to 50 minutes or whenever you return home, if you are an OFW. You're just doing this in your extra time. Or don't choose. What do you need there? Alr. There are so many trading methods, so

[39:59] charts do. Fundamentals, you love news, earnings, data, macro. Quantitative, you use algorithmic trading. Like my trading bot, didn't you see it uploaded to a broker, which is XM, which

[40:12] I tested on March 1st? What was the result? That's 32%. Income in 30 days . Why? Well, I used a trading boot. I put 10 years of experience into the bot. Oh, that's it. Ed, it's easy. Oh, is n't it true that those who don't really have time

[40:26] to trade can copy that? But I'm not saying you should copy it . Those who copy are stubborn. But they are skirts. copy trade. I'm not saying you're copy trading.

[40:40] you can see. Okay? Again, I'll repeat, we have a Discord channel under the description. You can go in there, ask questions, we'll answer everything we'll answer everything there. Okay? We're almost done, guys. Hold on, hold on,

[40:53] hold on. It's almost over, we're almost done. And I'm hoarse. My voice is also exhausted so we are getting close. Okay . Building a strong mindset. Are we done here? This is what I saw. You can just pause it. I don't think I've ever

[41:06] seen him before, but that's just part of our psychological, our trading psychology. I told you I don't know how to use Canva. There you go . Mixed hybrid combination methods. There are also bot users who

[41:20] only supervise. AI trading bots, this is what I told you. Automated quantitative algorithmic, EA isn't it? Expert advisors, there are channels that also advisors, there are channels that also provide signals. Quantity. There are many.

[41:32] Ah, it's easier now because there's AI. Okay, that's it. Um, for example, I just switched my manual trading to a bot. He calculated how I was doing it. That means there is a checklist. Okay. Everything

[41:46] boom. P'agan checked to enter a trade. Boom. He's still not 100%. Because AI is already perfect. No. That's still a defeat. That's why your chances of winning are greater because it's computed, right? Those bots are

[42:00] different. Pros and cons of bots. You can read that. It's simple. Robots are those who trade without emotion. That's what we broke there. Isn't that what you use when you use trading bots and AI? Of course, that's just what others do, especially

[42:12] grid. You'll be surprised, it's okay for 3 months, six months, 1 year. Suddenly, boom, the whole account caught fire. That's realistic. That really happened. Okay? Because he's not that perfect yet, okay? And he's still in testing. So don't

[42:27] First, look at the historical data of the ones you are already using. Cons lose money quickly ifly design. So those are the ones that suddenly caught fire? You copied it, suddenly later boom, it's on fire . Mine could also burn

[42:41] if I did something really bad. So now so far the size of the profit is huge. But again, forward testing. I'm still looking at history. It's uploaded. You can find it in the copy trading section.

[42:55] Just type Fabies. You will see that. I'm promoting it. I'm just saying step by step for beginners, open a demo account. You want to practice. Okay? Focus on one currency pair first. It's supposed to be gold, oh gold, it's just different. Forex

[43:08] Euro USD. That's it. Just focus on one for now. Look at his movements first. those candlesticks I showed you earlier. Play with the See what's in it for you. Then watch my tutorials first.

[43:22] Quantity. Go check out my videos. I have a lot of knowledge about manual trading. organize, buy a course. Even though it's not my course, I have a course there. buy it. Buy another course if you want. So where are you happy?

[43:37] right and what you're wrong with. So you know what you're going through. They say only move to real money if you're okay with the demo, if that's the case. But it still depends. Because you can also create a real account so you can practice your emotions. The

[43:51] difficulty with a demo account is that it's just a demo account, so you can't take it seriously not real money. But once okay, my emotions will develop.

[44:03] Recommended next steps, ah books, courses. Ah, you can read books, YouTube or buy a course, it's up to you. Find a reliable broker later it will be a scam or later you will use an unlegit broker. Okay. You can

[44:17] on communities that also teach so you can learn together or something like that, there are mentors like that. Okay? Those signals, you better study the foundation first. Okay? Because if you just take signals at once,

[44:31] you won't learn anything or you'll just start reading in a sloppy way. Unless you really don't have time but you really want to earn money here. So it's that simple, guys. Want to learn more, scan my QR. Okay? I don't know where this QR code is going

[44:43] . Maybe this will go to the Discord channel. Anyway, thanks guys. I did it so fast, didn't I? But we're at 49 or 50 minutes. One after another without a break. That's terrible, guys. I'm tired of you newbies and

[44:58] beginners. Okay? I am not promoting any channel here. This is a beginners guide for newbies. This is for you guys. That's all. I hope you appreciate these efforts. That's all. I'm going to sleep, guys. God bless. S