3 Changes I Made to CONQUER Risk Management (Stop Blowing Accounts!)

[@cammycapital]

Get funded with Topstep (20% Discount): tracking.topsteptrader.com/SHjb (Follow the link, click “Accept Cookies”, and the discount will auto-apply at checkout for eligible customers.)

[@majorhouseentertainment3802]

Does your discount link work for existing customers or just new user?

[@KenMcCaleb]

@cammycapital excellent points. I'm on the exact same path as you and learned over the years that the only way to learn to stick to your plan is to lose too much money from NOT following the plan. Question for you: do you risk your $750 daily risk budget on each trade? Thus if you let that trade hit SL you are done for the day. Thanks and cheers mate!

[@oops-nope]

@@KenMcCaleb If you set hard daily limits in the platform. max loss can be set per trade AND per day. It includes trailing drawdown, and the platform will shut me off close the trade and reject all trades until the next day. You can manually reset that if you are weak lol.

[@mohammedrahman8498]

This is genuinely the best risk management video I have seen, very relatable and really good advice. Appreciate it Cammy!

[@liviurosca]

Passed my first 50k account last week on topstep with just one reset. I'm on my way to pass the second one. I'm using -500 and +2500 daily limit with stop and liquidation. It's working for as usually i only have 3 -500 days in a row. I think i should lower the upper limit to +2000. Will see how things will go. Feels good to be funded, with strict rules. Also i like forced clossing positions at the end of the day. My biggest losses with my own money was on scalping positions transformed to multi day swing trades.

[@mazinalmaimani7291]

Whats your strategy

[@TheHeroQuest]

TopStep has a 50% consistency rule so on a 50K account, 50% consistency would be $1450.00 a day. It would be wise to set your total profit to this to ensure you are meeting those rules.

[@liviurosca]

@@TheHeroQuest i know this rule, i made more than 6000$ in total to get approved, usually after 3 -500$ days i had one where i did 2500$. I don’t rushed to get approved faster, i just want to see what it’s working good for me.

[@OSU92]

@@liviurosca What were you trading and how many contracts were you trading to pass?

[@the50coach]

Thanks to some influencers i started feeling almost guilty for targeting 1:1 RR !! When I ignored that 1:1 RR increased my win-rate drastically and lessened the stress a lot And these rules you mentioned are amazing Thanks a lot man

[@drken9093]

Same. Targeting 1.5 R completly changed my winrate and gave me more confidence. It did wonders for my psychology.

[@RodJames-yh1jy]

Cam - I so appreciate this video. I cut down from a target of 20 ticks to your idea. Had a TP of 11 ticks (to cover fees) and trail the stop on a runaway move - And I had the best trade of my life tonight! Really appreciate all you have done for the trading community! Thanks mate

[@cammycapital]

Brilliant!! Awesome to hear my friend 💪

[@Tronxtrader]

Excellent content! We need more videos and live sessions!

[@ploutophylax]

I appreciate how practical your advice actually is. That is a first with videos on this topic. Thanks.

[@mohammedrahman8498]

Would love to see a breakdown of your latest strategy and how you use volume profile and bookmap.

[@riskinit]

@@mohammedrahman8498 I think he already posted it recently!

[@enriquemeletiche6812]

This video has been me to a Tee and I appreciate the transparency. I start it and get tough on myself once I get a loss and revenge trade… I restarted a combine today and on profit for the day… itching to get back in.. what I decided to do today is as soon as I win or lose a trade I lock myself out so I don’t try and go back… thank you for this video

[@Ced334]

I MADE $1100 RP&L TODAY ON MY 3 COMBINES.. LEAVING ME ONLY NEEDING 900 MORE TO PASS THE 53000 TARGET.. INSTEAD OF LOCKING MYSELF OUT FOR THE DAY I ENTER BACK IN BEING GREEDY AND HAD A LOST ALL THE WAY TO MAX LOSS AND BLEW ALL 3 COMBINES. I DEFINETLY NEED TO TAKE THIS ADVICE.

[@فواد313]

@@Ced334 goodluck bro learn from the mistakes !

[@ransombaggins9301]

Such an important video. Been trading seven years and only in the last couple months have I become consistently profitable. I’ve blown a lot of money doing stuff similar to what you described in #1. For a lot of people, it’s so important to FORGET about the “money you left on the table.” You never had it so you didn’t leave it anywhere. Instead focus on the money you took off the table! That’s all that matters. As silly as it sounds, I’ll have “go on take the money and run” from Steve Miller Band playing in my head and that song has made me a ton of cash. 😂😂😂 When I’m anxiously hoping price will explode in my direction but fearful it will explode against me, I’ll catch myself humming that tune and will just take the profits l, save my sanity, and move on to the next trade. 😂 ❤

[@donp5447]

Good advice. Important to know your stats to implement proper drawdown strat. I really like the TSX built in stats and journaling for this stuff too. Glad you are doing well Cammy!

[@DisciplineWorks]

Great video and super practical. I need to buckle down and implement this to avoid the pass combine/blow XFA cycle. Thanks Cammy

[@rollimusic]

The way you talk... It feels connected... Much love from India cammy❤

[@j0hnmartinez]

Excellent video Cammy! Love the content and breakdown.

[@arktom7335]

How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading.

[@Richardson238]

Get yourself someone like Stacey Macken who understands the market very well and is also a professional in placing trades. That's the key .

[@FranklyHunt]

I am surprised that this name is being mentioned here, I stumbled upon some of her clients testimonies on CNBC news last week.

[@charles2395]

Stacey Macken expertise is truly commendable. She has this skill of making complex crypto concepts easy to understand

[@FegWay]

Her technical analysis is excellent and hid interpretation/projections of the market is so accurate I sometimes ask myself if she is human haha. Point is, Stacey is the perfect trader to follow for advise and daily signals.

[@raphfelimax2713]

What impresses me most about Stacey Macken is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.

[@jboy1870]

Very very good video. Thanks Cammie.

[@Boganville]

Great advise..... So hard sticking to 1:1 but it is hands down teaches you discipline and because of that you get to see 2:1 even 3:1 trades that are cherry on top.

[@bryonseilerXauBry0716]

Thank you so much Cam. Yes. Base hits❤❤❤❤

[@gbrnd]

Great video Cam! ❤

[@Samuelogbebulu]

Really appreciate this❤

[@mkri1000]

This is a video worth pinning and watching at the start of every trading day! Thanks Cammy!! I'm also a Topstep funded trader who uses the same concepts as you.

[@tomict-z4t]

BRO YOU ARE THE MAN REALLY! GRAND SLAM WITH THIS ONE CAMMY LFG!!!

[@Voltron001]

Nice video brother!!!!!!

[@blackcoffeetrader]

Great video man! Thank you.

[@T2Certii]

Hitting $200 profit and saying I can at least make more and trading still through the day .. was my problem

[@NakedTraderX]

Needed this. Especially rule #1.

[@moneyglitchNQ]

i also trade 1:1 it consistent

[@norm9069]

And that's the secret sauce right there, 1:1 trades. People seem to not take into account how quickly one to one hits and how often. On a 1M TF, that can be literally 2 minutes. I trade gold on the 1M using nothing but divergence, trend line and BOS. The amount of times I hit a 1:1 is ridiculous, and that's all I want. Enough to make my daily goal and then go back to sleep.

[@HarvysHotDeals]

Awesome

[@deanemarsden1674]

Solid advice!

[@Curveball]

Go Cammy Go !!!!!!!!!!!!!!

[@jamespooley6626]

Great video, thanks.

[@mustafabaris9681]

Unless risk management feature is built into your trading platform nobody should have any business trading on a daily basis.. There must be a maximum daily loss limit set for each day and this has to be built into the trading software. Even the most professional prop firms who hire and educate their own traders do NOT trust their own traders to place a stop loss on their own so this MUST be the first thing that you need to take care of, have the feature build inside the trading platform , this way you know the maximum amount of money you could potentially lose on any given day and this way you will NOT blow your account in one day , even if daily maximum loss is triggered you will still be able to come back the next day and continue to trade ..

[@tomict-z4t]

LFG IMA DO IT BRO THIS IS THE KEY I WAS LOOKING FOR!

[@missybe3238]

This is so true. I usually go on tilt after I lose. I put a block after I hit my max loss and came back the next day stronger. After the block, it really made me think about how wrong I was on the trade. It made me reflect and look back at the BLOCKED chart, shaking my head on why I moved my stop-loss, knowing the trade was bad after it rejected the setup I saw.

[@tomict-z4t]

@@missybe3238 Mffu 150k starter set daily loss limit to $-225 trade one two micros to get use to ur edge and trading the chart and not ur PNL bro u will thank me later. Go read, study, talk to people, and get fit when you aren't trading. Make sure to always sleep well!

[@riskinit]

Dope video bro keep them coming. Risk management rules all but mostly it’s not having a symbiotic Strat that provides enough opportunity

[@manojtmtomriddle1743]

Hey cammy what for 1:1 RR what should be my win rate?

[@Skinnypenjs]

Great video

[@jkameroncarter1254]

Love this approach. Question: Is it true that some prop firms what you in a trade for longer than it often takes to get 10 ticks, for example, on NQ?

[@dekzzx]

what helped me the most was a max daily loss lockout.

[@bunchycarter301]

Sheesh! This just described my last week with ES! Lol Good video 💯

[@petemujo]

Cammy when will we know your new volume profile strat???❤

[@MrmagicYk]

The strict max loss and profit is quite hard...honeslty...

[@trevaFtrev]

My biggest downfall lol

[@Jascensionvoid]

Would this be the same for NQ? 10 ticks?

[@LuTimesTwo]

Hair looking good bro 👊🏻 I just got my hair transplant too 2 weeks ago 😊 May I ask how many grafts you got transplanted?

[@pi1392]

Amazing risk management, ill implement this and comment back in 30 days ❤

[@pi1392]

Bro I got my first payout since implementing this strict risk management. Cammy is the best.

[@Vonusias]

I feel like 3 hinges on that door is unnecessary

[@Solotradesfutures]

Haven’t seen you pop up since in a while hair looks sharp last time I saw you when were in start of process

[@Mathstrade]

Ice Skating uphill haha brilliant

[@JaimeGarcia-kx8cs]

Use a size calculator

[@hasina707]

Too true everything said

[@inleanwetrust]

Lmfao the moving stop loss part is me down to a tee, strategy is bang on but i do the dumbest shit ever when it comes to moving my stop loss and getting greedy

[@DS-gn5vu]

85 percent of all my losing trades were once in a winning position but I kept on holding out for more profits. Now am sticking to my new strategy of see money take money

[@Sosublime_]

Si f😮