The best advice from all this interview is this : Size should always be smaller than you think. And if you start with small size, you always have a chance to survive and repair. If you start with large size, you pretty much are always assured of blowing up.
@MrBoazhalterАй бұрын
I like this guy a lot "I just wanted to reaffirm the stupidity I knew" . Words of wisdom and experience.
@blueboyd5297Ай бұрын
Etienne I Love when you have Boris on! you have some great regulars on here!! Glad to hear from an OG Boris Schlossberg...First time I heard from him we the mid 2010's respects the modern props as a viable persue. I like his views on sizing...gotta keep your head above water to navigate the storm. He states it as SIZE...i just know unexpected increases in volitility are my weakness. really like what was said about spreading risk @ 3:40
@Terri247Ай бұрын
Thank you both for the interview and for sharing!
@BiznizTraderАй бұрын
100% agreed on size.
@expertcomputerhelpАй бұрын
Boris, ma man. Ty for your insight. Much appreciated. 🤝
@DesireToTRADEАй бұрын
Glad you liked it!
@afrajkarim3210Ай бұрын
Great video as always So interesting to see what other traders are doing Would love to know more about how in actual algos work How to get them to work as discussed
@stevepaul266017 күн бұрын
Had a great day Monday microscalpi then Christmas eve up all day like he said no pullback got hurt shorting..add that you never want to be in a state of disbelief
@alexanderrowan5723Ай бұрын
I just got another payout, I cannot say how glad I am that I got into trading after being introduced to it last year. Thus far, I’m up seven times my initial 120k deposit. I’m certain it’s not just hard but smart work.
@jsparta7530Ай бұрын
What exactly is prop trading?
@hey-o8949Ай бұрын
@@jsparta7530 a prop firm is a service company where you can pay a monthly fee to try and past their success criteria
@Brittany-e7bАй бұрын
@@jsparta7530 depends you have institutional prop firms where they teach you to trade and let you trade their funds and then you have retail prop firms where you pay for a “challenge” they might tell you to make 3,000 before losing 2000 but give you the opportunity to use extreme leverage. You’re essentially paper trading for money with retail prop accounts. You’re paid with the money the prop firm makes from others losing accounts and buying more.
@ericson4534Ай бұрын
thank u! :)
@brucesmith6868Ай бұрын
Thanks E
@JerryOSmithАй бұрын
If you are blowing up check your system.. it usually starts with.... then I moved my stop.
@mihairusu673426 күн бұрын
Size should be balanced , if it's too small you will take any trade, because in your mind you can afford it so you will not analyse the market properly. If the size is too big you have the chance to blow up, in my opinion there is a fine line between these two size levels , each one of them is dangerous.
@petergeddesrensen6567Ай бұрын
Start small...grow big
@KevinTPX1Ай бұрын
What I gathered from this interview, and this especially applies to be as an Asian man, is that size matters.
@eduardtarniceriu102Ай бұрын
You didn't really pay attention Size will destroy you
@deanh7161Ай бұрын
Interesting interview. I like how Boris likes trading the lower timeframes, maybe because of all of the noise and seeing exactly what is going on. Thats what I like about the lower timeframe of 5 min. Gives you enough time to analysis and place your trade and the potential drawdown if wrong is always very small. In fact you are able to create a system where by you can enter the trade and stay in until its ran its course if you put enough time into developing it.
@teebone2157Ай бұрын
He's a decent trader but whenever he trades live he gets destroyed on youtube
@TheCornish123456Ай бұрын
Probably not a decent trader then. 😂
@mrpickle23Ай бұрын
exactly why he has to sell a program to make any money
@kingcesar4272Ай бұрын
I agree 100%
@peterezzell3865Ай бұрын
I don't get it. If you're a good trader and have reasonable size trading account why mess with prop firms? Just do your own thing.