why you shouldn't want to become a '7 figure funded trader'

Рет қаралды 5,610

2 ай бұрын

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Пікірлер: 64

@dazt66 Ай бұрын

Do a video on uk tax as a trader

@strangetraveller7399 Ай бұрын

Why does no one talk about this!

@ube2ful Ай бұрын

Because you need to talk to a licensed professional about this.

@cchoudhury6991 Ай бұрын

@@strangetraveller7399people like to gatekeep. It’s insane how the successful UK traders don’t wanna share this info.

@jukeseyable Ай бұрын

@@strangetraveller7399 loads of videos on you tube about it

@jukeseyable Ай бұрын

because its been done to death, loads of videos out there on you tube

@rachaelrb Ай бұрын

Absolute truth. Prop firms also reinforce bad habits and train people to trade aggressively. Also regulation to protect the consumer could pop up any day..if you solely rely on prop..what are you going to do if one day it's gone?

@frankiethomas1683 Ай бұрын

This is why you should go with a prop firm that actually lets you trade with real money

@forexenjoyer-sc1tn Ай бұрын

As a 7 figure funded trader I would have to disagree with you here. If I was to do the same thing on a 100k account instead of 1.2m capital I would be getting 2-4k per month. Thats like minimum wage or worse. I dont see the point of getting consistent payouts on a 100k instead of getting consistent payouts on bigger capital, perhaps you dont know what its like to be a profitable trader?

@ezrapang6110 Ай бұрын

Fr lol

@DjDanHolloway Ай бұрын

This is exactly it. Why am I going to chase 10%+ of a 50k account when I can happily make 1% a week with a million. Keep it realistic

@NishantSharma-tr6xl Ай бұрын

He's afraid of guys like Andrew. He can get funded 5m - 6m very fast and then take it really slow when trading funded account. 2-3% of 6m funding... Bruh you're set for life

@Kloutkulture Ай бұрын

You not listening to what he said. Hes more impressed by someone consistent than someone who gambles to get as many accounts funded as possible then only gets payments sometimes. Hes talking about people who gamify firms

@joshjnn Ай бұрын

@@NishantSharma-tr6xl Andrew is a super rich guy but his advices are shit lol, being a prop trader with only 2 or 3 prop firms that are super respected with solid background history is what you need to have, andrew has prop accounts with all the firms and so if one gets shot down he will be talking shit on the camera.

@sethmadden8120 Ай бұрын

I see you’re really trying to build this account up, keep up the good work!

@ahmadshehu2112 Ай бұрын

Thanks bro your videos always inspire me

@TonoHD Ай бұрын

Well said brother. So many new and experienced traders don’t understand this.

@njabulokhoza17 Ай бұрын

🔥Real, please keep the videos coming they help

@gvine__541 Ай бұрын

Great perspective...

@Juniour_Hloni Ай бұрын

If you can trade, u can make more gains by investing into meme coins. They are risky but if you know what you are doing you can make great gains as opposed to trying to pass and make a profit. You could lose on 3 positions on a meme coin and one coin goes 100x and you are good.

@azywazy2065 Ай бұрын

just what i needed to hear. thanks for being real will 🎉

@user-ul6bp1nh4l Ай бұрын

Border fande next payment yes or no please

@niko-SMC Ай бұрын

as always Great video!!!

@Kloutkulture Ай бұрын

Damn will this is spot on and hits home. I hit near a million in funding last year and instead of focusing on payouts I was focusing on stacking more capital cuz I listened to social media. Causing psychological issues in the funded stage. Also leaving me wondering how people were getting such big payouts. It makes sense when one goal is to be consistent and make a good percent on the account. Vs the goal of trying to barely eke out 1% on an account. Wow

@gsomethingsomething2658 Ай бұрын

Are you a profitable trader? Do you post your results in a way that proves this? - Thanks.

@njabulonyawo2195 Ай бұрын

Unless you hedge

@chartingwithliv Ай бұрын

Had 9m, lost 7 :D. I now believe in personal funds, i used to use the firms as income and invested into other assets outside of financial markets. Honestly it was still a good investment i just am not as liquid as i was before but i still have $2m and the goal is $50k personal by eoy!

@momindekk1 Ай бұрын

Only if you are profitable trader, then Prop-firms.

@tradingwithtravis6896 Ай бұрын

Futures props are better in every way

@NtandoMichells Ай бұрын

Please make a Spotify podcast 🙏

@MrWackydoodles Ай бұрын

Of all your videos, this is the one that I don't agree with. Getting 4% a month on a 100K account is risky because you'll have to risk more. On a 1M account, you could go for 2% a month and risk way way lower per trade and still be more profitable than the guy making 4% trading a lower account.

@igetmoneyyyyyyyyy Ай бұрын

haha, trading is all about that one thing right ?

@DjDanHolloway Ай бұрын

Its not about impressing people. Its about not pressuring yourself to make 10-15% on a 100k account but rather make 4-5% with a million.. i know what id rather

@blessing142 Ай бұрын

Exactly why would I stress myself, trading is stressful already..

@only1moyan809 Ай бұрын

No one cares about who or what your impressed with, what you think is irrelevant, as long as your making money and it works for you to each his own. Why trying to make 4-5% on $100000, when you can make 2% on $1000000. Spead your risk across several prop firms instead of one, so what happen with TFT will not affect you . You keep on talking about 5% per month, that is not realistic to maintain, 1-2% is more attainable.

@cchoudhury6991 Ай бұрын

Lmao this is true. This dude hates on people getting as much capital as possible and making 1-2% per cycle. It’s like he wants to be the only one with 7 figure funding 😂

@Kloutkulture Ай бұрын

@goldensatoshi6110 Ай бұрын

5% a month is very realistic.

@Kloutkulture Ай бұрын

@@goldensatoshi6110 extremely. Thats like 2 trades on a 1:3 with 1% risk. Or a 1 with 2% 😂

@only1moyan809 Ай бұрын

The subject of his argument is BEGINNER TRADER. Beginner traders don't make 4-5% a month on anything, they don't have money to buy 2mil worth of funding to start with. So I don't know where is he pulling this fairytale argument from. And which trader has the ability to gain 2mil in finding but can't get a payout ? That trader knows what he is doing and is very strategic. You guys put prop demo account on a pedestal and that's why u can't pass them. I would gamify props as well because there trading conditions and rule are unrealistic and the business model is predatory.

@markp911 Ай бұрын

I took a really awesome course. It's an alteration of smart money concepts but a lot of the focus was on how to be a professional Trader not just the strategy. They have his trade on demo for 3 to 6 months in order to prove that we are profitable before going forward and taking challenges. The guy who teaches is a very nasty trader. Definitely profitable and very transparent. Obviously I wanted to do what he says so I did everything according to plan. I have over a year of trades journaled. I know I'm a profitable Trader. Now it's just formulating a game plan to pass these challenges and hold on to the accounts.

@Kloutkulture Ай бұрын

Who

@markp911 Ай бұрын

@@Kloutkulture I'll post a link here when I get home. Dude got a KZbin but he's not really a "KZbinr" more focus on his course and community. Course was expensive but they have a starter course that just covers the strategy for $20... The full course and community is amazing though. Daily zoom calls where you can go and ask questions. Active community. Teachers that will review your charts. You get this really crazy journal with the course as well. Very good at spotting your strengths and weaknesses. I'm still paying off the course but man it's been a five-star experience. Definitely worth it. Right now there's a waiting list for the full course though. Stop advertising for it because community getting too full. They are small company and want to be able to focus on helping everyone. Only so many hands on deck. It's been great though.

@Kloutkulture Ай бұрын

@@markp911 what’s the name

@markp911 Ай бұрын

@@Kloutkulture it's a weird alteration of smart money concepts. It's very similar to ICT but much more simplified. Easier to understand slightly different patterns we are looking for but it's all focused on using manipulation to our advantage avoiding traps and targeting liquidity.

@markp911 Ай бұрын

@@Kloutkulture what makes the strategy so powerful is we are usually looking for a minimum risks to reward of 1 to 5. This helps eliminate a lot of the stress snd worrying about whether you win or lose a trade. Really helps a lot with the mindset. Fomo and fear of loss. Because you know the numbers play out in your favor over time. You only need like a 28 percent win rate to be profitable. It's also why so many people find success with it.

@blessing142 Ай бұрын

Get 1million in funding and then just stop from there, reason be cause prop firms are not trustworthy, Do not listen to Will.. doesn't know what's his talking about, Aim to make between 2-6% on the 1 million account then you're good for life basically , 20-40k a month is extremely wealthy ..