this tip is insane haha, i usually scale in when im in profit off of an imbalance or so, never thought about scaling in during drawdown, genius
@olebogengtshenolomosepele11717 ай бұрын
I'm taking my time with this 50k challenge and incremental growth is so much better i risk so little it would take over 80 trades to fail the challenge, but around 15 wins would be more than enough to pass both phases, Thanks for this vid. I like it.🤝
@scottley74147 ай бұрын
What firm if you don’t mind me asking
@olebogengtshenolomosepele11717 ай бұрын
@@scottley7414 Rocket 21 🚀
@Aleksnrdb6 ай бұрын
@@scottley7414 use E8
@Machitela72 ай бұрын
🙏🏼🙏🏼
@unabachuma7 ай бұрын
Great video WIlliam, loved it, I started trading last year and have been loving your videos, professionaly i am a filmaker and video editor and I would like to give you a pro tip, everything is top notch especially the complemeting lights behind you, It woul dlook better if you could increase the intensity of your key light so that you ( the subject ) is properly lit
@syedhissammustafarizvi68457 ай бұрын
Man I feel you .... Recently ACG screwed me over ... I hit TP in the 4 min news window ... I had held the trade for 7-8 hours but still breached me ... Funny thing is they only told me this 3 weeks later on my payout day when I requested a payout. Just imagine they wasted 3 weeks of my time... So I'm taking your advice on FTMO and sticking to just that
@Aylingfx7 ай бұрын
Something similar happened to me with TFT, ftmo is 100% the safest bet. But it’s good to diversify
@FX-Keys7 ай бұрын
@@Aylingfx 5%ers and ftmo are my focus, two oldest firms
@garylim32797 ай бұрын
How did they screw you over? You literally breached the rules. The lack of accountability is insane.
@salomebankss7 ай бұрын
@@garylim3279can you read or not?
@Andreskope1347 ай бұрын
He wanted to get payed breaching rules🥶🥶
@eyadjaber42107 ай бұрын
Bro that’s genius. Thank you very much for the tip ✊🏻❤️
@bigwashington32696 ай бұрын
Not taking profits is massive! I’ve been taken out a break even before a few times and when I went back and calculated the profits I would have had the challenge would have been passed already and then I was sat in drawdown.. always pay yourself
@niallmoseley67607 ай бұрын
If u truky trust ur trading stratedgy, this tip is a gamechangers.. sadly im new and i get nervous in a draw down, this is a new mentality, good stuff!
@magnusbestest6 ай бұрын
Wise words, thanks for sharing your experience Will.
@dmd8oy7 ай бұрын
i love the consistency bro
@BrandonDrives7 ай бұрын
Personally wouldn't work for me as my losses tend to be price going straight to my SL, so scaling in would mostly make my losses bigger. This could be changed to scaling into winning positions and moving the stop loss closer to entry position and its basically the same thing. Ultimately scaling into positions works when you do your own due diligence regarding your own personal trading results and analysing what would actually have a positive impact on your results. Personally I don't scale into positions and I recently moved away from that and had much more success with consistency, but if someone hasn't explored this then it could bode well for you. I think when you make these videos you need to state bluntly that just because it works for you, doesn't mean it will work for anyone else, trading is arguably 100% subjective so when you state that something "will" be better, it might not.
@KevMunehisa6 ай бұрын
Facts
@robhamilton23036 ай бұрын
Hi can you please make full video series on how to start to finish prop firm challenge, that will help thousands of beginners. Thanks
@harveyh91296 ай бұрын
with ftmo do you have to choose the swing trade options to not be f over by the news rule say if tp was hit during news ?
@newtrader3876 ай бұрын
Is 5ers a good prop firm???
@nofood14 ай бұрын
2nd best
@NordixYT5 ай бұрын
How is his analysis channel is it good?
@abdlnourkhayata80197 ай бұрын
Wills can you do a video about the breakeven phase ofa trader if u went through one
@James-jq3ce7 ай бұрын
What about topstep?
@qadamrawchaa81927 ай бұрын
Topstep is one of the oldest firms. They been around since like 1990 or something like that. Very reputable. What I didn't like about topstep personally is that they restrict your contract size (how much you can risk) and their drawdown is very low compared to your profit target. For example, with forex, for a 100k Challenge, they tell you to make 8% (8,000) but your drawdown will be 10% ($10,000) With topstep, you will have to hit a 6% ($6,000) target, which sounds good, but you can only loose 3% ($3,000). So it's really unwise to risk more that 10% of your drawdown size. So risking $300 per trade, (which is 10% of your drawdown size.) It's comparable to them wanting you to make 20% to pass a challenge. Then on top of that, it's a trailing drawdown.
@chandansimms91677 ай бұрын
With the gambling rules for ftmo are individuals still able too use 3% in a single trade
@RonaldPena4027 ай бұрын
Is ftmo working on metatrader for U.S traders?
@issalj26617 ай бұрын
Go ask their support team
@rt-mm41147 ай бұрын
good luck buddy
@MFYounge7 ай бұрын
I'm surprised you've only received 18k from FTMO, do you purely trade personal capital these days?, because just overlooking you styles of trading i could imagine it being much higher
@hamidzarghyАй бұрын
You just gained between 10 to 17 pips in the trade you've shown? It's not a great strategy, especially when considering the amount of risk involved!
@lseder17 ай бұрын
how much chalenges has you failed ? to how much pass
@hunterhunter31946 ай бұрын
Bro there is any prop firm with no KYC needed please 😢
@rescuee50357 ай бұрын
What about Funding Pips?
@breonknott7 ай бұрын
You guys are lucky over there still being able to trade with FTMO
@rebelxbeatz97766 ай бұрын
you are lucky too lmao
@kenz-c2j4 ай бұрын
If you aren't from the USA you can still trade at Audacity Capital. Try them, they are great company.
@kannapiranr.p96077 ай бұрын
Thanks sir
@sheldon3153 ай бұрын
prop firms no longer allow traders to scale in. I think it falls under one sided betting. if not, let me know. I've been too scared to try
@manypenny92257 ай бұрын
this scaling thing is absolutely bs cause if ur sure with ur entry then why didnt u enter there and plus theres a still a chance of u getting tapped Enter with ur strat and risk the amount ur meant to. ur gonna blow ur acc by doing what he did cause he got lucky Good luck man
@willssforex7 ай бұрын
I have done this scale in plan for 3 years now by the way and had multiple 6 figures in prop firm payouts using this exact strategy.
@BrandonDrives7 ай бұрын
Scaling in can work, it just doesn't for you, no one trades exactly the same way and has the same results and takes the same trades, what might work for you may not work for someone else, you have to do your own research into your own results and experiment to find what works best for YOU. It's very ignorant to say something in trading "cant" or "wont" work. Somewhere in the world, there's someone consistently trading profitable using the exact thing you say will never work.
@ameershad75 ай бұрын
Need help with your prop firm challenge? Reply here, and I’ll offer personalized support to help you succeed!
@Attitude-royale7 ай бұрын
I'm literally done with the challenges. 5ers screwed me over last year by terminating my account when I was 2% away from the profit target.
@OutsiderV7 ай бұрын
Always like that. Invest in your Trading account, success is more likely.
@newtrader3876 ай бұрын
Why did they do so? Have you broken any rule? And did you try to contact them? Please answer. I have just started a challenge with them. Now I'm worried reading your comment.
@inspirewelfare7 ай бұрын
What's your age bro
@romariojohnson21297 ай бұрын
I risk 0.5 percent per trade it it still takes me less than a week to pass…
@javaid607Ай бұрын
How many trades u taking in that week
@Funding-m7s7 ай бұрын
consistency rules is worst
@rupertrennel73076 ай бұрын
I risk 1 percent took me 72 trades to make 10% cus dese markets script
@harish88ful7 ай бұрын
could you please put on this prop firm leelootrading
@npcliverty6 ай бұрын
prop calling you gambler and his weekly ideas for new rules are a pain in the ass lately.
@usukhuxo7 ай бұрын
1:3 and 1.3:6.7? math is not mathing here
@bestmotomoments7 ай бұрын
If he gets a entree furter away from his tp he makes more profit right xd
@sorryiw1n6357 ай бұрын
Math is not in your brain
@only1henry7 ай бұрын
@@bestmotomomentshe scales in when price is in abit of a drawdown if the trade is still valid 🧠
@bestmotomoments7 ай бұрын
@@only1henry thanks for this useless comment
@tobekami7 ай бұрын
Same lot size but different R:Rs First entry 1:3 Second entry 0.3:3.7 - since his SL is 10pips and he was 7pips in drawdown. It's actually a 3pip risk for 37pip reward on the same lot size.