The Blueprint to become a successful PROP FIRM Trader

[@protivationsrtcartel2360]

Great example. This unlocks the mind for people stuck chasing huge gains and blowing up

[@forrestforce]

That was the goal!

[@xtraderxnyc-v8t]

You’re a prime example of what should sound like at that age! Very nice, Forrest I hope the young dudes are paying attention

[@forrestforce]

tyty

[@jamesfreddyc]

Really love how putting conservative targets can make significant profits attainable. One big struggle is passing phase 2 of these challenges: yes, these companies all have phase 2, it's the fact you need to hit the buffer amount after you pass phase 1 and get that "live" trader certificate. Plan to be in those accounts trading with no payouts for a while if using those small targets.

[@brianphillips3952]

You need to add the cost of those accounts. It will make your daily goal a lot higher. Then you have to add tax on top of that. 3K becomes 3.5K just with Apex $50 a month for 20 accounts. Then tax is roughly say 40% on 1099 income. You need to make around 5K a month to take home 3K. It's still small, but you should include your overhead.

[@BarnettLLC]

Not everyone is in the US, therefore their tax rates would be different and not really feasible for discussion unless with a tax counselor. For what it is the video is rather informative in my opinion.

[@Caveman787]

@@BarnettLLC Sure if you reasonably need to. But what he is saying it still very valid and it's logical to plan for the worst tax rate possible not the best. Ignoring the expenses and amount you should for safety hold in taxes would be bad. Worse so if you underrate how much you will owe in taxes.

[@brianphillips3952]

@@BarnettLLC Agreed. Tax rates are different for different countries and different income levels. I think the idea is a great idea in figuring your daily target. But I would suggest adding the cost of the accounts if you are paying monthly. I actually do the opposite to this logic when I take a trade. I think how much am I willing to loss on this trade. That gives me my risk and my stop loss target. I can always chase the trade up with my stop loss if it runs.

[@ErikSjaastad]

I hope no one is paying a monthly when lifetime is $35 more, but I'm going to add taxes into my sheet. Great idea

[@Scott-wf2wp]

where are you getting $50 a month.. that is with discount code ? 50k monthly is $85 per month ?

[@ScalpersVision]

I’ve been struggling with having a daily goal, I just tried to maximize whatever I could get out of the market each day. Appreciate your time Forrest

[@forrestforce]

Def play it more patiently!

[@kenya8716]

Great breakdown, it prevents people from treating prop accounts like lottery tickets. Sustainable small wins help you reach your goals.

[@forrestforce]

Well said!

[@TradingfuturesNQ]

Best video i have seen on breaking down all your accounts and profit goals! Great Job!

[@forrestforce]

Glad it was helpful!

[@DamienLGrant-kt1pc]

Great video Forrest! Appreciate all the great concert and being connected in the group.

[@forrestforce]

Thanks Damien, appreciate you brother

[@conquestadortheswan5490]

Love this video… only thing that would have made it even better was seeing the reality of losing days… what’s your thoughts on managing that alongside low risk.

[@jamesnewsome14]

Hey Forrest not sure if you will see this but I had a question about connecting multiple accounts. Do you have a video explaining the best way to trade multiple accounts at the same time? or how to set that up?

[@Jah_Nasir]

Use replikanto

[@HiraaChaudhary]

Excellent breakdown of trades/day/month. And this new studio is very aesthetic.

[@forrestforce]

@@HiraaChaudhary thanks bro, I do what I can

[@richflixx5323]

The music and space is a nice touch bro!!! Keep growing 🙏🏾

[@forrestforce]

Thanks 💯

[@MrMaier3000]

Agree 100%

[@toaster1245]

this was good perspective thank you! By chance did you save a copy of the sheet to share?

[@forrestforce]

@@toaster1245 I didn’t, but I could make a template and share it out for sure

[@ErikSjaastad]

Thanks! I love our group!!!

[@forrestforce]

Our pleasure!

[@codymccranie9448]

Great video-really appreciate the insights on creating a long-term mental map and avoiding over-leveraging. Quick question: When it comes to making all accounts profitable, do you recommend aiming for just $15-$50/day in eval accounts? If so, wouldn’t it take months to pass evals, especially considering the monthly fees and scaling with multiple accounts (e.g., Apex)? Or would you suggest being more aggressive to pass evals and then dialing it back for profit accounts?

[@forrestforce]

I personally would never go for a meager 10-15 dollars - that was simply to show that consistency is always in your favor. Even if you did, you would still pass eventually AND get paid out. That being said, the market offers a lot more opportunity than that on a weekly basis. Even if you took 1-3 trades a week, you would beat that with smart trading.

[@song2329]

Excellent video!!!

[@forrestforce]

Thank you very much!

[@richharbourschool]

hi, nice. could u provide with this exell spread sheat?

[@mlhtest5928]

Thank you bruh, I appreciate the time you took to make this vid. Im a developer too and I was going to write a quick program to do something similar. Have a great one!

[@forrestforce]

Glad I could help

[@lisacastro3899]

Fantastic video, Forrest! I'm not a total newbie to trading, but this has definitely given me clarity for the road ahead. Thank you tons! Love your work🙏🏽❤️

[@GentryTradingCo]

Good video again champ. Now im motivated to drop my first trading video. Dope ass spot too.

[@forrestforce]

@@GentryTradingCo let’s gooo

[@pi1392]

where is topstep in your Excel sheet?

[@forrestforce]

@@pi1392 just add a row 🤣

[@pi1392]

@@forrestforce lol ok

[@desscheru9284]

Frims? Nice video tho.

[@littlehammer87]

Unsubscribed. Keep telling the very same things over and over and over. .... Trying to sell some courses of course because I'm sure it will make him more money than his own trading. Bye

[@forrestforce]

@@littlehammer87 see ya!

[@ra-neter6662]

Bruh r u serious 😂? He's showing u how to trade if ur a complete idiot. Malcom X hasnt been shown to be a fraud yet.