Welldone to my bro. When you have an edge that gives 1:5 or more when you are right, you have understood the game. All that matters at that point is discipline and consistency.
Very nice moyo! but please do not believe his technical analysis approach. If you pause the video at 22:05 and screenshot his trading journal. Go to the market and put in his entries at the specific time and date of the trade. I've done this with the majority of his trades (including losing trades from what we can see) and I've come to a conclusion that he trades instant support and resistance. This means as soon as price breaks and retests a certain level of support or resistance, he opens an instant position in line with the trend. He is very smart because though he doesn't look for multiple confluences in taking trades he knows that keeping his SL tight and TP Massive will put him in an overall profit. This is more of a money management strategy. For example if he hit TP of 1:5 and risks 1% on every trade he needs to take 5 losses in a row to cancel that one win. I know he trades like this because this is the exact same way I trade.
Could you expand more on this please, it sounds intersting. I trade S/R but in crypto, not Forex. Are you saying here that he makes entry at key S/R levels, maintains a 1:5 RRR, then if he's correct, because he makes 5 times more than he would with a loss, he is very profitable, because it would require 5 losing trades to lose profits gained from 1 winning trade? Is that what you're saying or not? Even if it is, could you detail more to this method, I am interested by your comment and would like to know more please.
The improvement lately has been amazing. I never knew it could get easier with me not having to work and my focus, faced fully on stocks. Proud to say i earn $7400 weekly.
That is really good, that is about $1050 a day average which is awesome...if you can maintain that, that is close to $30000 a month...keep that momentum going man...you can do it.
It's really a very nice interview, a lot of sincerity, simplicity and truth, maybe finally that "the real secrets of trading" are in the words of this young man ...
I think I worked out how their system works: 1: You pay the fee to pass the challenge, and 98% fails (the biggest losers will keep rebuying into challenges) 2: They copy trades from traders based on their RRR, win rate, profit factor from the data of the challenges and verification stages, then use the profit to payout profitable traders 3: They also make money from commission and spread rebates, as well as 20% profit split 4: After paying out winning traders, and paying out their staffs, they'll still have lots of profit to keep for themselves Probably need around $1 mil+ startup capital to setup a prop firm that will last a long time Other prop firms such as Funding Talent they probably started with the intention to scam customers, as they didn't have sufficient funds to payout to winning traders as they didn't copy trades, only solely relying on failed challenges to payout. I believe when traders make tens of thousands or over $100k in profit they simply don't have the funds to pay them.
i just got masters in mechanical engineering, and i got an interview for a job in different country, took up trading for a year now practicing and just now starting to be profitable on free ftmo trial, my plan is to progress in my carrier and to finnish ftmo in the same time and be profitable, i dont know i just wanted to share this cuz the guy said he went to same collage. My guy, i wish you all the success and luck
I will suggest you to not revenge the market, don't over trade, don't fight for passing the challenge in few days like in one week or 3 days, because that will push in errors... I am from failing my 25000$ challenge because of those mistakes mentioned above. Thank you and good luck.
Successful people don't become that way overnight. What most people see at a glance-wealth,a greater career,purpose is the result of hard work and hustle over time.
Nice video !!very engage from beginning to end . Nevertheless business and investment are the easiest way to make money irrespective of which party make it to the oval office.
Hello ftmo team I have questions for you If I join the challenge and my max daily lose in safe and the same Max lose in safe too But my profits in 30 days like 4 or 5% so could I pass this step ? Some time my trade's opening for 3 days or little more during weekends can I hold them ? Thank you
always remember if you are in a profit, during challenge, then 30 days is over, you always have a change to start the challenge, they always renew for you but you should be in a profit always
Nobody can help you to trade. Don't join any VIP shit group. Spend time to learn and practice with the demo account. After that FTMO ready to give us financial freedom. Today I failed to control my emotion and lose $500. So traders control your emotion, please 😅😅😅
Example: 100k account your daily draw down is only 5k on that account. Not just a loss on a position but also drawdown which is very important to keep track of when trading with FTMO because you can violate your account quickly if you don’t have risk management in place.
@@EngrMk256 Generally, it takes into account open trades in addition to closed trades. Hence much care is needed so that your draw down is not a significant chunk of your account as you can still lose even if the particular trade hit target at last.
@@EngrMk256 it’s calculated once the trade is closed but it’s all happening while the trade is live so you can see how much drawdown your trade is currently at during the process. You have to manage it.
@@gojisandhu you can but it's gambling not trading , and if you know the real amount of money prop give you is the maximum drawdown for 100k they give you 10k , the target is 10% if you are reasonable the real target is 100% in just 1 month , welcome Miami casino
Seeing someone from my country making this big difference is more than enough confidence for me🙌
Honestly
@@ajibolaolanipekun7368 same here lets gooooooooooooooooooo
Lets connect bro. If you wont mind
@@ajibolaolanipekun7368 sure no problem...Hit me up on messenger Mi Day 11
@@olumideolatimehin8583 is that your username name ?
Am super proud of you darling nephew, keep winning my love
Welldone to my bro. When you have an edge that gives 1:5 or more when you are right, you have understood the game. All that matters at that point is discipline and consistency.
These guys are changing lives
Yeah and their getting rich while doing it. Its a win win!
@@shades1009 well its not a charity so..... Win/Win is the way to go
FTMO is great I can’t wait to start my Journey as soon as I perfect my strategy I’m going all in
Who
Very nice moyo! but please do not believe his technical analysis approach. If you pause the video at 22:05 and screenshot his trading journal. Go to the market and put in his entries at the specific time and date of the trade. I've done this with the majority of his trades (including losing trades from what we can see) and I've come to a conclusion that he trades instant support and resistance. This means as soon as price breaks and retests a certain level of support or resistance, he opens an instant position in line with the trend. He is very smart because though he doesn't look for multiple confluences in taking trades he knows that keeping his SL tight and TP Massive will put him in an overall profit. This is more of a money management strategy. For example if he hit TP of 1:5 and risks 1% on every trade he needs to take 5 losses in a row to cancel that one win. I know he trades like this because this is the exact same way I trade.
Could you expand more on this please, it sounds intersting.
I trade S/R but in crypto, not Forex.
Are you saying here that he makes entry at key S/R levels, maintains a 1:5 RRR, then if he's correct, because he makes 5 times more than he would with a loss, he is very profitable, because it would require 5 losing trades to lose profits gained from 1 winning trade?
Is that what you're saying or not?
Even if it is, could you detail more to this method, I am interested by your comment and would like to know more please.
Important thing is: it seems to work for him.
Started trading 2019 Jan but m still struggling with emotions big up brother nice seeing someone so young making it .
likewise bruv,lets get it done by end of this year,maxed out 400k.yee dig
ur problem is ur education or u just aint built for this
Mark Douglas will help you a lot .
Don't over trade, call it a day. Don't revenge trade, you'll just lose more. Gotta drill the discipline into your game and you'll win.
Read and research on trading psychology
Its Risk/reward allows a martingale IN REVERSE, very smart trader!! 🎯 First time I see something like that, Great content FTMO!
Can FTMO give some content on martingale? Still struggling to understand this scope
In what way?
Peter always does a great job with the interviews!... Great content FTMO!
Big congrats to you, keep shining 🥇
You cute
Thank you FTMO for this interview!
I am grateful for your content! Keep putting out great interviews like this thank you! Blessings 🙏🔥💥🌋💣🎉💰
The improvement lately has been amazing. I never knew it could get easier with me not having to work and my focus, faced fully on stocks. Proud to say i earn $7400 weekly.
That is really good, that is about $1050 a day average which is awesome...if you can maintain that, that is close to $30000 a month...keep that momentum going man...you can do it.
I have been searching for a good broker to trade with!
Please sir how can I find one??
Nice man , what’s your strategy?
Forex trading has left me no choice but to keep investing because it makes so much profit for me
Hello Please how does this bitcoin stuff really work I'm interested and willing to invest in it.
Can someone talk to me please 🙏
It's really a very nice interview, a lot of sincerity, simplicity and truth, maybe finally that "the real secrets of trading" are in the words of this young man ...
I like this guy, exemely level headed bloke!
This gentleman is legit.
man really started by shouting out his ig, what a guy XD
Can you tell what is it?
@@tradershub4549 straightgrindd_44 or sumn like that
@Ades Punch ya What's the right one, pls?
@@Unknown-el2zk yeah that's the correct IG
@Ades Punch ya no it’s not
You give me assurance and what did I see????
I SEE POSSIBILITY!!!!!!!!!!!!!!!
Love to see a young black man making it ! props !
Wow! Well done, Moyo
An explanation of the strategy seems exactly as what I have as a strategy, just need to get around it well for profitability...
Youl get it bro backtest that thing
Sure bro...i know it will happen.
I hope ftmo doesn't disappear before I get innnnnn
There is like 10 propfirms now learn your skill ,psychology,risk management .Its the best time to be a funded tradee
The industry is never going down, alot of people firms are yet to come into existence
I think I worked out how their system works:
1: You pay the fee to pass the challenge, and 98% fails (the biggest losers will keep rebuying into challenges)
2: They copy trades from traders based on their RRR, win rate, profit factor from the data of the challenges and verification stages, then use the profit to payout profitable traders
3: They also make money from commission and spread rebates, as well as 20% profit split
4: After paying out winning traders, and paying out their staffs, they'll still have lots of profit to keep for themselves
Probably need around $1 mil+ startup capital to setup a prop firm that will last a long time
Other prop firms such as Funding Talent they probably started with the intention to scam customers, as they didn't have sufficient funds to payout to winning traders as they didn't copy trades, only solely relying on failed challenges to payout. I believe when traders make tens of thousands or over $100k in profit they simply don't have the funds to pay them.
Well done! You've achieved so much. You're inspirational! A massive, massive thank you to FTMO for making this possible. Thank you!!!!!
I suggest that you kindly reach out to him directly on his WhatsApp for proper assistance 👆👆👆👆👆
i just got masters in mechanical engineering, and i got an interview for a job in different country, took up trading for a year now practicing and just now starting to be profitable on free ftmo trial, my plan is to progress in my carrier and to finnish ftmo in the same time and be profitable, i dont know i just wanted to share this cuz the guy said he went to same collage. My guy, i wish you all the success and luck
How is it going , did you end up mastering your trading or expanding your career or make a switch before the 2 ?
Naija brother I see yah 🇳🇬
am confused on his strategy but tis ol gud since it works for him... keep it up
respect!! we all need to put in the work
Big ups bro 👏👏
i think ftmo shud tag some of these traders so that we can contact them.
Good inspiration coming from trendlines and SnR. I will work harder.
Just purchased the challenge, can't wait💃🏽💃🏽
I suggest you kindly reach out to him directly on his WhatsApp for proper guidance 👆👆👆👆
I will suggest you to not revenge the market, don't over trade, don't fight for passing the challenge in few days like in one week or 3 days, because that will push in errors...
I am from failing my 25000$ challenge because of those mistakes mentioned above. Thank you and good luck.
@@akilimalijohn3223 Thank you for the advice. And I hope you'll be able to make a comeback and pass this time.
Yoo, how did the challenge go
Congratulations. Nice one 👏👏
Thanks for the motivation bro🙏🏽
Successful people don't become that way overnight. What most people see at a glance-wealth,a greater career,purpose is the result of hard work and hustle over time.
Nice video !!very engage from beginning to end . Nevertheless business and investment are the easiest way to make money irrespective of which party make it to the oval office.
Great video! Trading now should be in every wise individual list in some months time you will be ecstatic with the decision you made today.
Most intelligent word I've heard.
Investing in Bitcoin is a lucrative way of making money Nowadays 💯.
Stocks are good but crypto is better.
i will be in one of these videos mark my words..
Cmonn moyo my bro shining!!
He’s solid!
hey peter when you say 1% risk are you talking about the total fund? or the daily or maximum lost ? per trade?
It's the total fund. If your account has 100k, than risking 1% would be 1000 dollars.
Great work!
Funny! I'm also a Mechanical Engineering student learning FX
Me too
Wow 50% return
Great conversation.
Hello FTMO, Nice work
Hello ftmo team I have questions for you
If I join the challenge and my max daily lose in safe and the same Max lose in safe too
But my profits in 30 days like 4 or 5% so could I pass this step ?
Some time my trade's opening for 3 days or little more during weekends can I hold them ?
Thank you
*+=1=9=2=8=5=9=7=1=3=4=3*
I suggest that you kindly suggest reach out to him directly on his WhatsApp for proper assistance 👆👆👆👆
Go to their FAQ page.
always remember if you are in a profit, during challenge, then 30 days is over, you always have a change to start the challenge, they always renew for you but you should be in a profit always
Are you trying to tell me that you still hold your position even when there is a high impact news for GBP in that day?
Awesome. Good stuff
What a lad !
big up moyo!!
the only thing he is missing are the Daily Pivot lines.
King
Is Hedging allowed ?
sharing my journey now aswell
moyo means heart in my language in south africa
Nobody can help you to trade. Don't join any VIP shit group. Spend time to learn and practice with the demo account. After that FTMO ready to give us financial freedom. Today I failed to control my emotion and lose $500. So traders control your emotion, please 😅😅😅
FMTO!!!!!!!!
Is it possible to do the ftmo challenge with friends on different accounts.
yes ,,, i did it ,you can share your trading log mt4
How can start?
You wanna know how to start??
@@williamemily7732 How
Inspirational
Lines on his charts are identical to mine.
this video was my break through
What the hell is going on, on his graph
Lol the interviewer was dying to sleep …. You need to get some rest
What does maximum daily loss mean
Example: 100k account your daily draw down is only 5k on that account. Not just a loss on a position but also drawdown which is very important to keep track of when trading with FTMO because you can violate your account quickly if you don’t have risk management in place.
@@hasang5137 is it calculated when a trade is closed or when market is closed with open trades
@@EngrMk256 Generally, it takes into account open trades in addition to closed trades. Hence much care is needed so that your draw down is not a significant chunk of your account as you can still lose even if the particular trade hit target at last.
@@EngrMk256 it’s calculated once the trade is closed but it’s all happening while the trade is live so you can see how much drawdown your trade is currently at during the process. You have to manage it.
🔥🔥🔥🔥
Angry guy in the thumbnail
did anybody catch
his insta?
We need an update to see if hes back to school lol. One month profit doesn’t mean shit
Damn....look at all those trend lines. LOL
🙏🏽🙏🏽📈
Pls change the thumb
wow
Remove the challenges ad verifications
Lol what?
here for the algos
❤️❤️❤️❤️❤️
nice one moyor
.... didnt get ur instagram handle
Me too
It’s @straightgrindd_44
Is it just me or many of the individuals on this podcasts are sitting with less than 40% win rate....????
Most of them have a low win rate, but it’s their risk:reward that gives them the edge
Because you don't need a high win rate
I dont see any fundamental traders only technical traders. interesting we are rare I guess lol
GOD Loved you enough to send His Son JESUS for you and if you will believe in Him and turn from your sins you will be saved
Nigeria please 🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬🇳🇬
if you change 30 trading days into 60 I will pass the challenge this reasonable , 10% in 30 days even big bank can't do it
Lmao of course they can. You don't think banks are making tons of % every day?
@@gojisandhu 10% in one year not 1 month of course
@@barasofianebadis615 10% a month is easy...
That's not true .
@@gojisandhu you can but it's gambling not trading , and if you know the real amount of money prop give you is the maximum drawdown for 100k they give you 10k , the target is 10% if you are reasonable the real target is 100% in just 1 month ,
welcome Miami casino
How he dropped out is pretty scary, lol😅
Scary but realistic
Any one give me his instram
@straightgrindd_44
Darude - sandstorm
With 37.000£ profit he should have enough money to buy a new mic 🎤
Always that one hater … applaud him and go about your day
Pi ah 😂😂😂😂
Roadmen trading now innit?
Risk reward ratio 1:6??? 😅You would be stopped out nearly every time in the noise/chop. No way is 1:6 credible.
USE TWIN TRADING. set the other trade to close out at 1:2, then lock break even. the other twin will either run for 1:5 or reverse to breakeven.
How would noise stop him out do you think a 1/6 is only possible with a 5-10 pip stop
@@josephrush8078 Ususl whipsaw up down is 20-30 pips!
@@rayr3137 those happen when price hits a Supply and Demand zone so it’s not random
@@innocenttautona8217 exactly, break even is mans best friend
FTMO Eminem looks very tired
Finally found him...he should start a UA-cam channel. Straightgrindd_44 on insta