Turned $85 into $7000 so far, using very high leverage . Requires a lot of patience for the right setup to appear, and then load up the boat.
@powerisrespected3 жыл бұрын
how long did it take you. and how much screen time daily u used
@James7779213 жыл бұрын
500:1 leverage all day 🙌🏼
@makemymoneybig16663 жыл бұрын
You should have tried binary instead forex. With the same discipline you have you would have achieved even more i think.
@honey42153 жыл бұрын
@@powerisrespected Took about 5 months, and total of 3 trading sessions. Average time/week ~ 50 hours(have a fulltime job day schedule aswell) Also have trade alerts on trading view, would wake you sometimes at night.
@krist60743 жыл бұрын
This is true!! It’s how I turned $800 into 11K in one month trading S&P futures. Only to loose it all because I got over confident and cocky. This game is so hard.
@monkaZETTA3 жыл бұрын
Only the discipline part of it is.
@keyboardactivist233 жыл бұрын
I know how to turn 1000 to 0$ in 5 days
@mrdeeptruths3 жыл бұрын
lose* x
@ayzee35143 жыл бұрын
Oh yeah? the initial margin requirement on ES is $11k. $800, lol. Go BS somewhere else.
@naturalstrength83933 жыл бұрын
Tell me more bro, that's a 1375% profit.
@harrybellingham983 жыл бұрын
no matter how much money you make, never stop learning or looking for new ideas
@HermanWillems3 жыл бұрын
How more open door one liners do you have?
@paulsharkey66733 жыл бұрын
I've turned many accounts into $100,000. Of course, they all started as $1,000,000 accounts.
@AdamTrader842 жыл бұрын
I'm exactly at this spot... When I risk small, I take winning trades, as soon as I try to add more and risk more I took losses which completely derailed my account. It's a tough battle
@Faraz703 жыл бұрын
3k to to 100k+, trading futures, targeting only 2%, daily strict risk management, took me over a year, not withdrawing any money from account
@CryptoAshknАй бұрын
U really need to be ready to handle a big winner. I turned 3k to 20k b4 but u know what happened after.
@FxBrawler2 жыл бұрын
Leverage is a cruel mistress. I used to train prop traders and what works long term are small leaps forward in lot size with relative diminishing daily max loss size (week 1: Target 20$, max loss 20$, week 2: target 40, max loss 35, etc.). This will improve your precision while gradually preparing your mind for the next step.
@fiverings.academy3 жыл бұрын
after 3 years of trading and 1 year of being profitable I completely understand what you are talking about.
@pTecnik3 жыл бұрын
Great content Mark.. a lot of us press that “throttle” too early in our trading careers and hence get a big hit or blow up the account. But once you grow your account and are well above your capital you can push that throttle once in a while as long as you have your edge in the market. Thanks a lot for this took so long to realise it lol
@Quantumfuturestrader3 жыл бұрын
Risk the profits you have incurred maintaining your initial account. Good advice.
@jessehaynes4423 жыл бұрын
It has to been done eventually when you have a small account.
@PlayfulLife49 ай бұрын
So true, it doesn't have to be the same old same old LINEAR way! Loved your perspective, and I needed to hear this today 😊🎉
@janstarosta36466 ай бұрын
Thank you for somthing to think about. Great work!
@2673-x6m3 жыл бұрын
Good morning Mark, I had a good year until I lost it all on tilt. I thought I had resolved the issue but only now I understand how to defend myself against this occurrences. I have made a trigger to softlock my trading client. I am good at realizing when it's time to quit, but later in the evening I might change my mind due to fatigue and altered mindset. A 20 hours cooldown or something like that, the button has a "W" on it - Wait, Win - It works. I am not trading past my closing trade for the day, even if I could manually unlock it in a couple of minutes, I wouldn't bother. I am happy with my plan and it's also thank to your rationale. KEEP IT COOL!
@filipohman92423 жыл бұрын
Hey Mark, great content as always!
@doggies.will.be.doggies3 жыл бұрын
IF, and only IF, you are a small account trader with 50+% annual profit the solution is simple: get a 100k FTMO, MFF, etc trade account for $600. Then another one. Then another one, then another one. Within a year you'd be trading 300k+ making $10k net income per month.
@CadenMichnal3 жыл бұрын
Not there yet but what I found helps me best for speeding up the process in general is trading a comfortable size and focusing on consistency! Than once you find a solid trade set up that you are already in and see that it can continue to run further is when you double or triple down and add onto your position while lifting your stop up to keep your standard risk the same and than let it run till you decide to exit. This way allows you to not have to risk anything extra but will also give your account an extra large bump up every once in a while. This requires discipline though because if you do this too soon you can lose more than expected. YOU NEED to have the stock in your favor with room to lift your stop before even considering it!
@srtrades3 жыл бұрын
Imo, it's better to not to take a big leap on the Risk, rather better to gradually increase risk with every week or month.
@smail80023 жыл бұрын
I mean let's assume you making 10% a month double you risk per trade from 1 to 2% and now you making 20% a month consistenly. W a 10.000$ account after the first year you'll have a 89.161$ account and let's rouded down to 80.000$ for fees/commission etc... You repeat the same process for a whole other year and congrat your account balance is now 713.288$ rouded down to 700.000$ you became almost a self made millionaire in less than 2 years. Ppl should worry less about capital and more about becoming consistently profitable trader. It's not like 10% a month w 1% risk per trade is impossible it's a very realistic perfomance.
@nordin19753 жыл бұрын
Yes grow confidence in your trading first, then risk more!
@alxxxxxxa83932 жыл бұрын
Great video, not something that is covered very often! Fab as always
@simoncorreia56863 жыл бұрын
This is where I am at the moment 10k account, I trade the dax. 100k target. It’s going to be emotional
@James7779213 жыл бұрын
Buckle up for the journey!
@seswan92543 жыл бұрын
i seen a video about using a 100k funded and 1k of your own reinvest the profits from the funded into your own and take the same trades 10% growth monthly you would be at like 100k in your own account in 15months, obviously sounds easier than it realistically is
@project00773 жыл бұрын
Great content as usual Mark. I would say once you have a proven track record of profits, you can shoot for the moon using "the house's money" while not risking too much of your initial account
@Coquillages3 жыл бұрын
Given that most people lose money in the markets, this video is really bad advice for the masses and encourages big risks and essentially gambling. The reality is you won't turn 1k into 100k as your luck will eventually run out and you'll give it all back. The best thing to do is risk small and grow an account slowly with a steady equity curve. Find other ventures, projects, jobs and add to the account until it's big enough so that a 30% annual gain equates to a decent monetary value that you're happy with.
@goon007503 жыл бұрын
There aint none like you, Thank you for a job well done
@yamch3 жыл бұрын
it only takes one trade to blow up an account...its about being confident with size. If you get emotional when the trade goes against you, youre using too much size. I prefer consistant trading over make it or break it trades.
@TheYorkshireVlogger9 ай бұрын
Mark. How do you get the large leverages required when trading from the UK? Thanks.
@oronsayepaul67092 жыл бұрын
The moment u discovers what works for you ,u stick with it and improve on it
@juliao.18392 жыл бұрын
thank you, really appreciate your channel and all your help
@Marylogical3 жыл бұрын
So, basically, what you're saying is, if our plans and decisions have already been making ourselves a decent profit, it's probably time to keep going using our plans and decisions, Just use a higher amount of investment money to risk doing it with then. Remember, readers, don't risk what you don't really want to lose.
@scottmatlou3 жыл бұрын
This video is diamond. I needed that extra push, because I am ready to take more risk, adjusted of course, with some level of precision and high probability setups. Loved this video! #TopTierTrader
@GLmig3 жыл бұрын
Cant stop looking at your hair. It looks amazing lol
@MrBmo4293 жыл бұрын
You are the best my friend ! Keep them coming
@blogging87442 жыл бұрын
Risk 1% per trade no matter what or just gamble its up to you
@bulldogwoof69543 жыл бұрын
I am cash poor, Bitcoin and Ethereum rich (exception of a living account). That to me is the only way to grow my account fast while holding an asset at the same time which I could also use as collateral to borrow USD to trade futures contracts to get USD out the market to buy and add to my asset holdings and living account. "Right conditions" that is a key point when considering market cycles in Crypto.
@thylacine10043 жыл бұрын
Ive turned $50 into $600 by compounding sportsbets in one night picking random favourites when they were behind....hard to do but can be done....harder to do when daytrading....
@jackabean30803 жыл бұрын
No one cares.
@kaushikdatta27252 жыл бұрын
You called it so perfectly. All is that after successful execution, I need to forget all about that and not make that a sticky habit. A fine line of balance between having a cool head and addiction.
@mylesreilly59123 жыл бұрын
Hi Mark, my honest opinion is no, not worth the emotional baggage that comes with it, when do you stop? Even the best proven systems can have 5 plus losses in a row. 50% plus compounded is nice steady safe growth for me personally never risking more than 1%. Your content is excellent, thank you.
@naturalstrength83933 жыл бұрын
That's very ambitious, I'm trying to turn a 1k account to a 5k account by this time next year.
@ItsAmill3 жыл бұрын
Is there any Recommend spreadsheet that included account size risk & etc
@RotterStudios3 жыл бұрын
I tried this twice with a $5,000 account that took me awhile to get and now I'm down to $900. Like an idiot I tried trading the open once and lost most of my account.
@davy1972 Жыл бұрын
I agree, at some point you have to put yourself out there, and when you do that, it has to be done with discipline and patience. No desperation trades. When i do that, when everything is lined up and the trade shows itself, can I take it on the chin if I'm wrong? Will i spiral into multiple desperation trades and make a mess? That's what I am concerned about.
@jl95773 жыл бұрын
Amazing content, Mark! Question - the first time you asked yourself if you should "push harder", what was the thought process? Was it emotional for you? Did you have naysayers?
@iamthealgo2385 Жыл бұрын
Why can't you just compound the account with maximum 1% risk. Exponential growth like compound interest.
@sinetembamqingwana64983 жыл бұрын
if you're able to grow your account to 10K, then you're almost there. Make like 1K profit from the 10k and then take up an FTMM 100K chanllenge with your profits and do your thing there. You pass the challenge, take up another 100K challenge and do what you did to win the first time. If you fail the challenge, you still have your 10K account that you trade with using proper risk management. Keep on doing this until you get to your desired GOAL😎😎😎
@skanskar3 жыл бұрын
This channel is designed to create liquidity.
@korki333 жыл бұрын
Why do you say that?
@HermanWillems3 жыл бұрын
@@korki33 Seems u are new i see. :) u have alot to learn my friend LOL
@skanskar3 жыл бұрын
@@korki33 If there wasnt any retail traders the hedge funds and big banks would not make any money. They have software that tells them where all the stops are. Using stops is like having a target on your back. I trade long term. 6 months to a year sometimes longer. I never use stops. When you day trade you have no choice thats why 99% lose.
@weilun00993 жыл бұрын
This is real talk that many trading educators tries to avoid, at some point with a small account you gotta make these decisions, you need capital to make money in trading. Its either you go work and make enough to trade properly or get your mindset and conditions right and be prepared to take on bigger risk to get to that capital milestone. I did this early accounting for what I'm risking in my life when I was early in my college with my savings, now I trade conservatively with enough capital, but a disclaimer is the mindset shift back to capital protection once you got sufficient to trade, be disciplined and and know how much is enough and transition accordingly.
@jamie29442 жыл бұрын
You cant go to TH10 if you dont get to TH9 first, remember that.
@tylliNGLT3 жыл бұрын
6:50 I'M A BIG BOY..... this man is legendary 😁😁
@AM2K23 жыл бұрын
cheers good honest points
@ndoboalan15963 жыл бұрын
I see people trade the same lot size no matter how big thier account gets.
@viewyoutube22383 жыл бұрын
Making your first 100k in the markets... dream on. *credit roll*
@eleonorael22513 жыл бұрын
Look, Mark... Considering were I was a year ago ...and where I am now .... I understood where my undertrading was also coming from aside of avoiding pain and fear to lose my last money...it was because I was feeling I still don't have enough experience to ne able to trade ANY type of the market in ANY conditions or at least promptly recognise that conditions has changed ...I am still not pretending to know it all for sure, but I think one has to do something like that only after he/she have had some serious experience in different types of markets...otherwise it can be like you often said: by the time one increases the size the conditions gas began to change...but yes, thanks for encouragment , I always need that ...
@MrAcSP3 жыл бұрын
Hey, I saw your comments under many videos from Mark. It’s rate to see others that are so passionate about trading as you are. I am into trading since 5 years, would you like to exchange ideas with each other? Regards from Germany
@bulltraderpt3 жыл бұрын
I've done the above but Mark's pal din't want to know when I got in touch, so bollocks to him!
@NekzTV3 жыл бұрын
Would be better to take a prop firm challenge and add to you personal trading pot until it reaches 100k plus. You could save the 10k 20k or whatever small size account you have and pay for the challenge with trading profits. Much less risk with the same growth. Just copy trade the challenge trades your your personal. If you can trade this is the best and faster route now
@ralphbarten23422 жыл бұрын
I actually felt more comfortable doing risky trades if my amount of risk can get covered by previous made profits. I had a 4% return last week and had a trade that looked pretty good. I got stopped out and lost only 1%. Still sucks, but overal I still made a 3% profit that week
@ciarancoyne91043 жыл бұрын
A very timely video for me🙏🏻
@laurenth71873 жыл бұрын
I mean, what is to have a strategy ...? For example this morning at 7h25 on EURUSD, there was a flush, - or not ? no, because a flush at the end of a squeeze, it's a strong signal for a real move, as we see today (no head-fake as Bollinger said). So...the strategy that was, wait for a flush etc, wait for a rebound, or what ever, you cannot just wait for a set up to happen. You have to get an better insight to the market... wait for a flush, oh there is one, i wait for a bounce, but omg it isn't a flush and i'm missing the down move.. My 2 cts.
@laurenth71873 жыл бұрын
Also, to add "aggressively" to a position, a safer way is to add only half of the amount of the first entry, then if the price comes back you don't worry, be happy. Today, i'm rather bearish on EURUSD.. at 10 am Brussels time. Uk is one hour before. Why ? because, that's classified.
@aa1944-k2r Жыл бұрын
imo, focus on building your skillset and system and gaining experience, ie. going through the process, instead of worrying about when your account will be at a certain size. when you do the right thing, your account will grow, but if you focus on the PnL, you might forget what is the most important, which is, consistency because you are trying to rush. trading is a career, not a race, some people started off fast and then BOOM they are gone for good. build your foundation, as you are able to profit consistently, your account builds up, and your "bet" size also goes up and each win gets you a little bit more profit then your last trade, this is the power of compounding, and your skill and experience allow this to happen.
@leemcglone53583 жыл бұрын
Thanks for the video mate. Super content. I've gone back to your videos from years and I am working my way through. You're genuinely putting out some of the best content on the tube for trading.
@apathyreview3964 Жыл бұрын
Here is what that risk looks like. With a few grand you won't even be able to make two trades. You will have to take that 1 to 100. And if you screw up a few times you're done. Do a video on how you get around that.
@laurenth71873 жыл бұрын
Some more things that stricke me today, foremost if you are distracted, or have a bad monitor, etc, you need to have at least 1 chart without indicators, focusing on price and volume. Believe me, most of the time i dont see things right because, it's too small. Volume is like ants, and price is noisy, btw line charts are good, its the only way to remove noise, kind of lossless. HA is destroying your volume bars.
@gilbertcandco3 жыл бұрын
So what was the take away from this? Risk more and you might be lucky and make more. But then again you might lose most of your money. Empty meaningless unhelpful words.
@sunnybeach10653 жыл бұрын
Mark is great!! However, since you want more contributors, why don't you see if Robert could do more videos. He was excellent!
@balentincamargo52482 жыл бұрын
2% MAX
@decimusone88213 жыл бұрын
This is true. sometimes you have to be in a place where putting on your big boy pants on is necessary to get to the next level...
@tfm_patrick3 жыл бұрын
Thank you, been trading for 4 years and earn small profits. I know I have the skills to push but fear is what stopped me. - No more.
@K4MR4N1UK1233 жыл бұрын
I do account flips. Growing very small accounts into very big one. I flipped £600 into £1800 in 3 hours. I totally disregard stop losses
@James7779213 жыл бұрын
Yeah all about getting that entry spot on
@Marylogical3 жыл бұрын
Not sure this was a great date to be encouraging those investors with small accounts to take leaps to increase their investment risk. September was a really bad month for a lot of people. And September is almost always bad.
@banginzaza Жыл бұрын
Risk it the biscuit 😂
@CornellSandifer3 жыл бұрын
Hey its balls to wall baby! I said balls to wall, hell! make up your mind you can stand on the corner with a cup in your hand or you can storm the gates. Come Monday my army task force (trading account) is storming the beaches of Normandy!
@georgenormanham63633 жыл бұрын
Nothing ventured, nothing gained
@KalemStLouis3 жыл бұрын
thank you for this.
@lightkirsche2 жыл бұрын
hmm ...
@ngwarobbert81473 жыл бұрын
so 10k is a small account for u
@joosh24163 жыл бұрын
10k is a small account for wallstreet
@dowhatyourepassionateoftra16683 жыл бұрын
For some even 100k is small account. We differ risk appetite
@shoryaofficial6145 Жыл бұрын
I use to trade 10$ ac😅
@ellagrace52913 жыл бұрын
I got 80% of my total portfolio in Crypto and it has been great Returns
@dann28233 жыл бұрын
you sound like jason statham
@immortaltrader3 жыл бұрын
*Wisdom*
@iagamipreds87583 жыл бұрын
this decizion i make one week ago . I final havea good strategy,and i know his weeknes.I make a decizion to be profitabil trader with his weeknes and loose small money to win byg .If the weeknes of my strategy is trigered, i win the game, if my strategy work perfectly i loose some money.I want to createa positiv expose of market with scaling.
@raffaelloschirinzi20723 жыл бұрын
A lot of blabla... but what about strategies to reach the objective ?
@seandent51413 жыл бұрын
7mins into this video and the content still hasn't started lol it's all just warnings of risk so far
@ukspreadbetting3 жыл бұрын
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@jackabean30803 жыл бұрын
Hi Mark, firstly thank you for all the content! Secondly, can you please do a video on the concept of daily compounding?
@sunnybeach10653 жыл бұрын
Mark is great!! However, since you want more contributors, why don't you see if Robert could do more videos. He was excellent!
@oronsayepaul67092 жыл бұрын
In a 1000k account size,u risk just 10usd per trade rewards 50-100usd ,u stand. A chance of growing that 1k to 100k in a year.if you doubt me dm