great to see a breakdown of everything prop firms do, and hopefully will make some of the sceptics believe in them more
@TradeConnectVVS3 жыл бұрын
Exactly!
@tradeup47763 жыл бұрын
@@elwoodpalmer720 But they should be thinking about this, and if they are not, then they should not be trading. The fundamentals of risk management and trade sizing is key to making profits consistently.
@rdhamill Жыл бұрын
Interesting that you define a prop firm as using traders as a data source. The premise has been that they are partners in trading real funds. I would prefer that but right now I'm staying away from all of them.
@prettycoolPJ3 ай бұрын
Hmm. As a super beginner, I feel like even this "simple" explanation was over my head. I can't say I really got an understanding via the definition you laid out. Thanks for the post, but I guess I'll have to do more research.
@TradeConnectVVS12 күн бұрын
Seems like I'll have to do better. I plan on remaking this video (:
@Unelephant3 жыл бұрын
Not mentioned in this video: Some firms don't even execute their funded traders' orders in a real market. But wholly uses challenge/subscription fees to pay out their traders' "profit" split.
@TradeConnectVVS3 жыл бұрын
Yes, some do that. I did mention in the video most prop firms (not all) are made up of 2 companies, one to collect the fees and another that actually places the trades. We call the first one the prop firm since they are the ones collecting the data. The Prop firm can do anything they'd like with that data, of course for longevity sake, you'd hope they apply at least some of the data from traders demos to live funds so the firm doesn't go under in the event of a live payout or not pay out large winner all together.
@michelleabraham17323 жыл бұрын
@@ryanthompson8256 what does she deal on
@TradeConnectVVS3 жыл бұрын
@@michelleabraham1732 Lol the Hellen thing is a scam
@markjackson35316 ай бұрын
@@TradeConnectVVS So is TFD....shut down and KEPT CLIENT'S MONEY.
@human_hope3 жыл бұрын
That into music gives me chills.
@sidneya.43303 жыл бұрын
Your channel is an excellent resource for traders 👌🏾🔥🔥🔥
@TradeConnectVVS3 жыл бұрын
Happy to hear, thanks for saying so!
@benhamin_tv96374 ай бұрын
Some of the prop firms that you mentioned are now closed. I'm really grateful that I made the right choice, Audacity Capital. Before I starting up with them I'm little bit skeptical because of the price compare to the newly prop firms. But the price is justifiable for the service provided by those traders and also the peace of mind that at the end of the day, you'll know that this firm is not going to close unlike what other prop firms happening right now like MFF, and The Funded Trader.
@cannelleai.293 Жыл бұрын
Ok but why do some prop firm tell us that they offer real accound ? Where does the money come from ? If they just want our data why do they consider us as a trader on the contract agreement and not as "data provider" ?
@BoEmery3 ай бұрын
For someone who's never traded, what 3-5 suggestions would you offer to familiarize yourself with in order to get a foundational knowledge & understanding of trading before trying a prop firm combine? Thx
@darrenross89393 жыл бұрын
Great video Blake thx
@TradeConnectVVS3 жыл бұрын
Appreciate you!
@My-FX-World9 ай бұрын
Interesting video and informative 👍
@clayfrost22883 жыл бұрын
Make the video on the Personal Acc Monitoring and the Parameters only please!
@TradeConnectVVS3 жыл бұрын
With a specific prop firm?
@Jeremiahaugustine-fe5wn10 ай бұрын
Do they increase leverage after passing the account?
@JamesCarter1022 ай бұрын
Still on Audacity Capital especially on what is happening right now in the industry.
@sultanzamin63103 жыл бұрын
Nice job blake!
@TradeConnectVVS3 жыл бұрын
Thank you!
@andreasefimov92467 ай бұрын
The Funded Trader is a rugpull xD
@Steph-tk9hv4 ай бұрын
I think i like parameters only and personal acc. Monitoring prop firm I need recommendations for them
@animefanhd48377 ай бұрын
Which platforms have the most list of alt coins?
@tomasfisolo96603 жыл бұрын
I don't understand, if propietary trading firms trade their own capital, who are the firm's clients? I mean, where do funds come from originaly?
@TradeConnectVVS3 жыл бұрын
There's usually 2 separate companies, one that collects data, fees and hosts traders on demo accounts and another company that is the fund that actually places the trades. Not all Prop firms separate these roles but most do.
@nasirmohammed87363 жыл бұрын
Can you please do a video on Instant Funding Prop Firms?
@TradeConnectVVS3 жыл бұрын
yes! can you be a little more spesific on what about them you'd want the video on? I could list some god ones explaint he model in more detail ect
@nasirmohammed87363 жыл бұрын
@@TradeConnectVVS basically covering the good available options and how you would rank them in terms of general reliability. Thank you
@durduwsku3 жыл бұрын
Who is an example of a Parameter Only firm? I feel like I saw one that was in beta for stocks a few weeks back, but cant recall anymore
@TradeConnectVVS3 жыл бұрын
I may do a video on them soon :) It's not ready to share yet
@Kofijhay5 ай бұрын
After getting funded do the rules still apply.... also what causes you to loose a funded account
@vinodkumarkg3 жыл бұрын
Blake, I had high expectations about The Funded Trader, your own prop firm. When you launched it, as you know the pain of traders and you want to be transparent, I was excited and jumped on it. But you disappointed us by changing the EA rule recently saying that trader cannot use any EAs unless it is programmed or owned by him. Don't you think this is a ridiculous rule? Please be honest. Many traders are using EAs only or combination of EA+ Manual strategies. How many traders can program their own EAs? Even if someone can program, it is not fair to ask their source code as proof to verify. How the trader know you will not steal his intellectual property!. So request you to look into the matter and remove the EA rule and make it more trader friendly like FTMO and MFF.. Otherwise The Funded Trader will not be in the preferred prop firm list soon.. Hope you being very transparent as you claim, you will not delete this comment and give us a reply!
@TradeConnectVVS3 жыл бұрын
We do allow EAs that help with position sizing / risk and all indicators, what other hybrid EA types are you referring to that aren't allowed? We just don't want 10+ people using the same EA and have all of our risk in one hive mind trading style, that's more for my NEXT fund ;) you'll probably hear more about that soon!
@vinodkumarkg3 жыл бұрын
@@TradeConnectVVS Thank you for replying Blake. Position sizing and Risk calculator EAs are just manual traders tools and not fully automated EAs which can open trades automatically and work 25X7. I am referring to fully automated EAs available at mql market and online sites. As these EAs have different input settings, it is not necessary that every trader gets exact same results. Even If it is same results by multiple traders, if end of the day if it is making money within the drawdown constraints, then why not allow it? Hence I am not fully convinced with your answer.
@TradeConnectVVS3 жыл бұрын
@@vinodkumarkg It's increased risk exposure that we don't want to have right now. We have more than enough money to back all successful traders with the current settings / rules. We are in talks with investors to determine if we bring on more of them they will allow EAs again with an increase in capital. I don't think normal EAs will be gone for too long!
@charmainebarga7583 жыл бұрын
@@TradeConnectVVS Thank you for taking the time to do this video! I recently contacted Support regarding the EA rule. I asked if the EA I use, which is a trade manager/risk management EA that I didn’t create, is allowed. I’m the one who clicks that Buy and Sell button. The EA then manages the trade for me based on my settings (e.g. when to move SL to BE, whether or not to take partial profits, what percentage, trail SL, etc). And this was their response: “Hello, You can´t use EA if you are not the owner. We don´t do exeptions.” Supports response and your comment in this thread seem to contradict. What is the correct answer for my case?
@Leobain13 жыл бұрын
Question: Do you think FTMO new swing trading 1:30 leverage would be a problem for myself who only places maybe 2-3 trades a week MAX risking 1% per trade? Not super familiar with leverage
@synners73703 жыл бұрын
It only matters if the trade size is too large for the balance you have. Realistically it depends on your stop loss distance to the risk. As 1% at 10 pips distance so lets say 1k risk at 10 pips. That means you would have a 10 lot trade size to achieve that. So you need a leverage that allows you to open that size trade. 1:30 means $1 =$30 buying power. Leverage usually only matters if you want to risk 1% or so at small stoploss distances like 10 pips or under. Hope that helps.
@gorrettymbutu60643 жыл бұрын
Also on the funded traders can you introduce a 25k account 50k is too big for beginners
@TradeConnectVVS3 жыл бұрын
We should implement this soon!
@juanmejia64783 жыл бұрын
Will your prop firm be adding an option for swing traders? Your prop firm has one of the best if not the best benefit and better rules out there. Thanks
@TradeConnectVVS3 жыл бұрын
What sort of new changes would you want in a program like that?
@muhsinforu1753 жыл бұрын
@@TradeConnectVVS no restrictions on trading style please
@juanmejia64783 жыл бұрын
@@TradeConnectVVS I would just like to have extra time to pass the evaluation And better rules than the one that 5%er offers if possible.
@TradeConnectVVS3 жыл бұрын
@@muhsinforu175 The Funded Trader doesn't restrict trading styles
@TradeConnectVVS3 жыл бұрын
@@juanmejia6478 The Funded Trader is actually the current market leader in phase 1 timing for traditional style evaluations (35 days instead of 30) The Challenge isn't meant to be easy but we could consider a separate challenge that has a much longer time but it'd have other restrictions
@hunterhunter31943 ай бұрын
Bro there is any prop firm with no KYC needed please 😢
@hutup90923 жыл бұрын
About ur propfirm, I love the site and I want to sign up next month. What is the maximum amount an individual can get?
@TradeConnectVVS3 жыл бұрын
1.5 million after scaling but $600k (3 200k's) earned at one time
@hutup90923 жыл бұрын
@@TradeConnectVVS perfect, is there any discord group?. I want to purchase 600k and link all to my master account
@ladypaige1443 жыл бұрын
I make huge profits on my investment since i started trading with Fxservercompany this company is the best
@pamboh Жыл бұрын
Thank you.
@bertranbeto80328 ай бұрын
Nice 👍
@hawamahamed89053 жыл бұрын
Hey I can see your prop firm is a deal breaker, Are u considering having swap free accounts because some of us cannot trade with swaps? THANKS
@rockwellatsu3 жыл бұрын
Why is traders central not included?
@TradeConnectVVS3 жыл бұрын
They didn't treat my account well when I tried them. When I emailed them recently I have yet to receive a reply. I know they do payout and others have had a good experience.
@Godswill_SOL Жыл бұрын
Thank you
@jimmystudd8 ай бұрын
🔥
@RahulMhaskar2611Ай бұрын
There is parameter only prop firms existed in today's world ..? If existed give some info about it
@chisomotindi78383 жыл бұрын
please make one on parameters only
@TradeConnectVVS3 жыл бұрын
What about parameters?
@PropTraderGuru4 ай бұрын
I'm still for Audacity Capital and 5%ers
@TenyDavid6 ай бұрын
Thanks sir
@feistytom3 жыл бұрын
thanks
@TradeConnectVVS3 жыл бұрын
You're welcome :)
@crimsonx67753 жыл бұрын
first :)
@TradeConnectVVS3 жыл бұрын
nice job!
@philippquos2493 Жыл бұрын
Funny in hindsight you suggest MFF as a legit company, lol
@myempire4eva4893 жыл бұрын
Any free platform to join ?
@TradeConnectVVS3 жыл бұрын
not now but in the future I may cover one!
@pjccwest3 жыл бұрын
Thanks.
@ruraldailykidlife58473 жыл бұрын
third
@iskateveryday11 ай бұрын
sick ass intro
@surfnbird64805 ай бұрын
Seems like a scam
@VladkU9116 ай бұрын
This didn't age well xD
@Nizav-qu5zt5 ай бұрын
what happens bro? i just stumble upon this video not knowing anything or this man
@niquelaflare5 ай бұрын
My sentiments exactly 😂
@chiklachikla76414 ай бұрын
Why ?
@headstrap43584 ай бұрын
What im trying to figure out as well💀@@chiklachikla7641