Very helpful. I'm buying a cheap $5000 account and test this out. I'll use the Normal approach, 0.5% - 1% risk per trade. Wish me luck guys!🏁
@Vsionnerry5 ай бұрын
Good luck
@eraxie73295 ай бұрын
@@Vsionnerry Thanks!
@ale1892515 ай бұрын
You need a strategy that works also otherwise this wont matter.
@Mahlanzaa21085 ай бұрын
Wtf there are demo accounts on ftmo
@harshaldeshmukh42765 ай бұрын
Good luck
@yiren61745 ай бұрын
🏁What i am using right now is: Just 1% (which actually fits your "normal" formular) passed stage 1 with that. Now in stage 2 i will keep 1% but if i get to 50% of the max DD which is -5% (10% max DD) i reduce the risk also to 50% = 0.5% risk for me until i am back to breakeven on the acc, at that point i go back to 1% risk 🏁
@SaidiSaidi-rf6xb8 күн бұрын
Wonderful strategy 🎉
@animeaddict74345 ай бұрын
i still remember ur old risk management video it was like 30 mins long but it was huge value, i recommend everyone to watch it
@KimmelTrading5 ай бұрын
Thank you! Yeah!! I put so much time into that one!
@scorpion323 ай бұрын
Thanks , from my demo challenges 0.5%-1.5% worked for me , I've passed in 3 days 🏁
@MasonJacobo2w3 ай бұрын
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
@AidenLiamf7q3 ай бұрын
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
@NatalieHannahq3g3 ай бұрын
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
@IsabellaAriau2m3 ай бұрын
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
@NatalieHannahq3g3 ай бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@IsabellaAriau2m3 ай бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@anbu_androus75 ай бұрын
You have changed my break even by risk management 😊😊❤
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@BunneyMАй бұрын
Thanks for this man. I went super aggressive with my first funding challenge and passed it first try in just 4 days. I knew I had to limit my risk going forward to my first payout and was unsure about how to do it.
@11gauravshukla5 ай бұрын
Your content has really levelled up... Cheers best wishes for future
@itsdanieltrades5 ай бұрын
facts
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@brandtgrobler5 ай бұрын
Great Advice! Thanks 😀
@arewaforexytАй бұрын
This is the best risk management video i have ever seen. thank you for the video
@samemanuel-vg9zk5 ай бұрын
Normal approach for me , 2% - 2.5% risk per trade. great video.🏁
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@SoloLevelling_Action5 ай бұрын
soo true, I risk 0.20% per trade due to this I take 4 Months to pass Phase 1 of 10K Account. Now I Understand how I Change my risk Approach acc. to equity curve. thanks Kimmel🏁🏁
@madrarageorge878317 күн бұрын
It's a beautiful approach
@PRIVATEJAY5 ай бұрын
Great video. I needed to hear I need to risk more. I usually risk too little
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@dommarcuscoyne5 ай бұрын
really great video man, great way of gaming the system
@Daniel717175 ай бұрын
🏁 thanks for the video, I was going with the normal approach 0.5-1% until now and that's how I'll do it from now on, it seems to be the best for me
@keibisu5 ай бұрын
The normal is the most reasonable option at any time. 0.5% - 1% puts enough buffer. If I can add one thing here, it is once an account is below the starting balance, risk 0.5% then when BE or above the balance, you can risk 1% again and it will still make sense. Well done giving explanation and suggestions. A lot will benefit from it kimmel 🏁
@bullionforex5 ай бұрын
🏁 Normal risk my criteria, thank you for the very informative video
@Uksundae5 ай бұрын
Thanks for the video! I'll be going for the normal risk management approach. 🏁
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@TradesByDeanna2 ай бұрын
Exceptional content. I think this is a piece that many traders are missing. I know I personally always go for the largest accounts and I see now why this is a mistake. Thank you Kimmel.
@malachiisethe933 ай бұрын
I needed this. Prayed before I could purchase a challenge, God brought me here
@paramjjethwa8734Ай бұрын
damn beautifull!
@hiphopdharamАй бұрын
Did you clear the chllanege?
@thearithung7555 ай бұрын
Thank you for sharing. I plan to use the aggressive option to pass a challenge.
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@forexnurse5 ай бұрын
🏁 I use between 0.25-1 percent risk. 1% is my max. When I go over that amount, I tend to blow my challenges.
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@JenMarco5 ай бұрын
You need a good strategy, be patient and only take the best setups and not over trade.
@PRIVATEJAY5 ай бұрын
🏁 I risk low at key levels, but I will increase my risk to 1%. When im in a trade i make sure to take some profits. I go for $5k to 25k accounts until I prove I can trade with a bigger account. I usually trade in the mornings, but I trade in the evenings if I see a key level has been hit.
@SetandForgetTrader5 ай бұрын
Woah, I realized I am a conservative risking 0.3% per trade and I am already on my 3rd month trading FTMO Phase 1.. Lol. When I checked my journal, I was not losing more than 4 in a row so I might try this normal approach of 0.5% and 1% until I get to breakeven
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@leofekrudemeke5 ай бұрын
do you know you add value... thank you so much....
@randylkr885 ай бұрын
🏁 i was thinking of trying a funded account challange and you made this video at the right time. I was thinking of 1% per trade and as per your suggestion i might just go ahead with it. Thanks alot for this valuable video. Keep up the good work.🎉
@yousseflahmine85475 ай бұрын
Was very helpful ❤ Normal risk management is the raisonnable 🏁🏁
@youngcryptomoha40805 ай бұрын
Thanks mate
@eraxie73295 ай бұрын
Thanks for the video. Very helpful. I'll go for the Normal approach, 0.5% - 1% risk per trade. 🏁
@Tamim-XxXx-5 ай бұрын
we heard u
@theomoilwa40522 ай бұрын
did you get funded?
@SF4Trades5 ай бұрын
Brother kimmel is making trading simple, one video at a time 🏁
@raphealuwemudoa17814 ай бұрын
Kimel is bursting my brain ... I take only 1 to 2 trades per week.. and I'v been profitable so I'm thinking of using 2% per trade ... I love you kimel from 🇳🇬
@robertempere65454 ай бұрын
Please which prop firm challenge did you take, have there been payouts? I'm seriously considering taking up one.
@alibahij31815 ай бұрын
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best 🏁🏁
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@canaanpinder67965 ай бұрын
Thanks dude ... imma try it on my futures prop firm 😅
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@Richard_La_Fortune5 ай бұрын
I'll be using a normal risk managment approach with 0.5%-1% risk per trade, since I have never made money in the markets before. 🏁
@mustafabarre4 ай бұрын
Normal risk management 1% on the challenges till I improve. Great video 🏁 Thanks
@Amlish15 ай бұрын
Great stuff as always! Normal approach seems suitable for my style tbh. But I have never seen this approach as per week. I always used 1-2% risk per trade when I am in profit and 0.5% when I am in loss. But this weekly trades formula seems more efficient. Thanks for the video 🏁
@rafaelbettencourt13285 ай бұрын
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best for my trading style🏁🏁
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@EmmanuelOgebe-zn1my4 ай бұрын
🏁 I'll be using the normal approach. Thanks for the advice
@carollamoon59985 ай бұрын
🏁the 'normal' risk management 🙌🏁
@kanishmod5 ай бұрын
🏁 Going to be on the normal route, risking 1% per trade, to try achieve first funding and pay out. Amazing video kimmel thank you
@dimaswidi85045 ай бұрын
the normal one for sure 🏁
@kaybright_fx5 ай бұрын
Very informative, thanks man
@glenrichzuso90763 ай бұрын
New sub here due to the super high quality content Kimmel is producing Risk management once you are consistently profitable is one of the 3 pillars most people will never realize and he is giving it all away for free! Please clarify for those of us who do not know .. is the 1% from the drawdown or total account size ? Meaning 1% of max drawdown to risk or 1% of total account size ? Thank you for clarifying
@martinw24612 күн бұрын
I get what you're saying but it is slightly misleading saying 0.25% or 1% risk per trade because this is based on the Account size which is meaningless. It is 0.25% or 1% risk out of the total 10% allowed. What you really mean is 2.5% or 10% risk because you need to work it out based on the max drawdown.
@jacobdakshak59195 ай бұрын
🏁 definitely going for the normal one 😎
@ErwanUguen5 ай бұрын
Perfect to frame my trading journey 🏁1%
@kouamealahouachille83095 ай бұрын
Good approach
@garckiy5 ай бұрын
I'm aggressive way to pass in challenge, but in funded account i'm normal way... sometimes aggressive too...🏁
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@felixsaidstenger31065 ай бұрын
I just go for 0.3-0.5% because Iam up of 5.7% in P1 actually. I don’t want to go back to 4% etc. So it’s more easy for me to hit a Los of 0.5 or 0.3 %
@KornelTornyos5 ай бұрын
🏁 Agressive, with smaller challenges
@funkidds5 ай бұрын
Thanks for the explanation ... For me I will go with the normal approach 0.5%-1% 🏁
@Scott-wf2wp5 ай бұрын
Videos are on fire 🔥lately, material being shared is top quality 👌. Muito Obrigado.
@FighterFred5 ай бұрын
Percentage risk = stoploss, not a good idea. Either it's too small that is guaranteed loss, or too large which means too small profit. Instead, learn how to scale in and out depending on how the trade develops. Notice that very few professionals use stoploss, they hedge their risk instead.
@Xauusd995 ай бұрын
Thanks for this video man
@Fxsniper-wk1he2 ай бұрын
Thx man I’m I get payout just because of your videos ❤
@Kelvinatie5 ай бұрын
Normal risk management (0.5%) is ideal for me.
@mkazi905 ай бұрын
I will use normal risk management on my prop firm challenges 🏁
@WebWordWisdom5 ай бұрын
Whats the difference apart from volume from trading a set percentage of 100k account compared to a 200k account when the risk is still the same percent ?
@deontheart16095 ай бұрын
I will definitely use the "normal" route. I have just passed my first challenge(10k) after back testing and forward testing for 6 longgggg hears! Love the formula!🏁
@nots4n5 ай бұрын
6 months?...been doing it for nearly 2 years
@SavageFunnyGuru4 ай бұрын
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
@nofood13 ай бұрын
Are you blind he said 6 years
@goneturbodad745 ай бұрын
Very much appreciated! I'm not profitable, yet, and still only on demo/paper accounts. But I know that "normal" would be the way for me regardless. 1% max! 🏁
@CryptoRabbi5 ай бұрын
Will surely be going with the normal path, with the 5k or 10k account am going to win. And surely sticking to the % I get from the formula 🏁
@myconnel4me4 ай бұрын
Great analysis. Am trying 1% per trade but divided by 2. So i will have two positions of 0.5% each🏁
@siyabongafxlovermlumiso71635 ай бұрын
The normal risk 🏁will work for me thanks a lot.
@hakankuyucu5 ай бұрын
🏁 Normal at the moment but, planning to try other 2 risk management in the future... let see how I feel on each one :)🏁
@sboneloyoungthiizy21084 ай бұрын
Very powerful 🔥🙏🏽
@wanarbros5 ай бұрын
🏁Aggressive approach for me since i get very few trades each week.
@DawgThunder3 ай бұрын
Remember tho in a 200000 account they just allow you to lose 10% of it which is 20000 this mean you are actually better to just focuse on having 20000 even after passing that challenge they also ask you to get almost 13% win for them which is perfect if you do it but its easier to lose that 10%
@washingtonnzeve545 ай бұрын
🏁will go with the normal approach
@jerine15162 ай бұрын
Thank you for sharing; it is very informative!! I will try a 5k account with the normal strategy; it suits me. 🏁
@batzmaru825 ай бұрын
🏁 Surprisingly, I'm using the normal approach right now. 0.5% - 1% per trade. Managed to claw back from -2% drawdown to +2% on my current evaluation. That and sticking to one strategy also helped.
@aash2009aash2 ай бұрын
Man 10s of thousands are enough money for most of us to prove ourselves and fly like kings from there on...
@atomic_moltivations5 ай бұрын
You're the best
@TradesByDeanna2 ай бұрын
Translating this to futures firms or firms that have different dd levels - would you say it another way that aggressive gives you 4Ls in a row at starting balance to fail (so in other words DD level to failure divided by four trades equals your risk) and normal is 8-20 trades to failure from starting balance? I think you are basing this on FTMO’s 10% dd and the firms I use have much less dd. Pretty sure that would be the conversion though 🤔 someone please fill me in if that’s incorrect. Thank you for another excellent video.
@suyash22045 ай бұрын
🏁 i will be using normal risk management from now it perfectly suits me
@AzizMeshalАй бұрын
What do you mean by risking 1% do you mean using 1% of the account?
@chriszheng9755 ай бұрын
🏁 NORMAL RISK MANAGEMENT 🏁 Love ur vids btw Kimmel
@youngfx_ict5 ай бұрын
I passed phase 1 as normal trader and went to 4months of lossing streaks 😢but haven't failed yet bounced from -8% DD to -4% now
@harshkushwah_ii5 ай бұрын
Take SL to 50 % trailing as soon as trade goes into your profit area that way you can take 2 SL in the cost of one 🏁 ( it depends on your strategy also ) 🏁🏁
@kevinfranciswachira11865 ай бұрын
Normal formula with a risk management of 0.5% and half every time I loss 2 trades until I recover half of what I lost.🏁
@Randell-i5s5 ай бұрын
🏁I’m from sa so conversion rate makes challenges a bit pricey so I’m using the NORMAL risk management on a $6k acc.I got this.
@paramjjethwa8734Ай бұрын
good video!
@KoellePineault3 ай бұрын
Thanks for sharing such valuable information! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?
@weeb_iris5 ай бұрын
🏁 Normal does not make money, so I'll go with the aggressive one.
@GabrielleMcpherson-fd8oy4 ай бұрын
Traders who have been losing for years straight Rn: 👁️👄👁️
@blaq7403Ай бұрын
😂
@gunzzilla5 ай бұрын
🏁I would use the normal risk management as I am a normal trader with normal stats. 🏁
@Wolf_Trades_OFFICIALs5 ай бұрын
🏁 I use normal plan bro. apriciate your time and effort to giving this golden plan for free to us .🙏
@Kyle__TheGreat5 ай бұрын
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best for my trading style
@andriiglivinskii49075 ай бұрын
🏁I'll go for the Normal approach, 0.5% - 1% risk per trade on the 10k account
@desire69194 ай бұрын
Best video 👏
@rexmvubu32735 ай бұрын
Normal Risk 🏁🏁
@AbdulrahmanMalami-u1o4 ай бұрын
thanks much am on my way to purchase FTMO account and i have this video helpfull thanks much
@Costa_NQ5 ай бұрын
brother answer honestly: did you buy the tesla with trading money or from youtube?
@nicodemusombaso93685 ай бұрын
🏁 aggresive
@SeanChilumbu5 ай бұрын
How do i calculate the contract size or lot size after i have decided what percentage of risk i will use?
@jabermohammed42105 ай бұрын
🏁 i do the normal aloweys and my edg gives me from 2 to 5 trades per week and i only risk 1% and 2R for every trade i take
@edllerandi3 ай бұрын
This % are base on what number?
@gbeynicholas5 ай бұрын
Great video,but what RR do you recommend
@thearithung7555 ай бұрын
I normally trade a 50k account with $2,500 drawdown, which is the maximum amount of money given. If I risk 1%, that would be $25 per trade, right?