The Path to $20,000/Month as a Forex Trader (2024)

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  • Опубліковано 27 вер 2024

КОМЕНТАРІ • 58

  • @Twitching0991
    @Twitching0991 5 місяців тому +49

    Trading is a one person business which fits my personality and circumstances. Scaling is probably the most important aspect of it. Introverted people will understand how great an opportunity it is to trade regardless of how much capital you start.

    • @peterchin7796
      @peterchin7796 5 місяців тому +3

      yeah, another way of looking at this is, as we enter an era where starting a business is getting costlier than ever, getting into trading seems like a viable path

  • @samjarea
    @samjarea 5 місяців тому +10

    Please do a video on tax for traders

  • @lordverbik1589
    @lordverbik1589 4 місяці тому +1

    thanks for this. all the businessmen think alike 👍

  • @kutoanemohau
    @kutoanemohau 5 місяців тому +3

    Thank u for sharing such valuable information. Can u also plz bring back live trading 🙏🏽🙏🏽🙏🏽

  • @igetmoneyyyyyyyyy
    @igetmoneyyyyyyyyy 5 місяців тому +2

    Thanks a lot the valuable information again Will!

  • @vlad__idk
    @vlad__idk 5 місяців тому +2

    can you make a video of: How to Actually become profitable trader, what we have to do, to become profitable
    It is not clear what we have to do in order to become profitable

    • @freedominknowledge8891
      @freedominknowledge8891 2 місяці тому +1

      Its very clear bro theres a plethora of info on youtube/forums > find a simple strategy that fits your personality and the way you view the markets, aim for a minimum 45-50% win rate with a RR of 2:1 minimum, backtest it so you have proven data, demo or live trade with a small account for a couple months then move onto prop firms > the key is just showing up everyday for at least 1.5 - 2 years (DONT STRATEGY HOP)

  • @Trademvment
    @Trademvment 2 місяці тому

    Thanks for this Video.
    Really

  • @mickygarcia8423
    @mickygarcia8423 5 місяців тому +5

    what’s broker do you use for a personal account

    • @Tamim-XxXx-
      @Tamim-XxXx- 4 місяці тому

      don't ask guru's.. searsh by urself what's best for u . if u re not in the U.S , try fusion markets , i use it personally.. or ic markets..

  • @viletamac2382
    @viletamac2382 5 місяців тому +3

    do you only trades just GBP USD? or do you still dabble with gold

  • @blindhippy
    @blindhippy 4 місяці тому

    I am only profitable when I use multiple accounts one accounts there is too much pressure have a swing account and day trading account as minimal and you can have one that accumulates the long term trend and the other you can take trades in between

  • @AraKerbabian
    @AraKerbabian 5 місяців тому +2

    Keep up the good work my man ✌🏼

  • @4xkid276
    @4xkid276 4 місяці тому

    Excellent video

  • @mananddog9884
    @mananddog9884 4 місяці тому

    Why did you say you wouldn’t recommend people to start trading? When it has served you so well?

  • @NafisAliKhan
    @NafisAliKhan 5 місяців тому +1

    I just want to know how much tax do you pay in your trading profit?

  • @scorpion32
    @scorpion32 4 місяці тому

    Which trading broker do you recommend?

  • @jasonplummer8489
    @jasonplummer8489 5 місяців тому +1

    Reality check! Nice one on the vid

  • @johnstranger9886
    @johnstranger9886 5 місяців тому +17

    again with the long chit-chats with camera videos?

    • @43VA89
      @43VA89 5 місяців тому

      thats the trading videos is nowadays. Generic TA > ICT > then all videos about mental because their mechanical trading style doesnt always win but they still need content..

    • @igetmoneyyyyyyyyy
      @igetmoneyyyyyyyyy 5 місяців тому +3

      I actually enjoy these videos... It actually helped a lot with my psychology

  • @Adwafx
    @Adwafx 5 місяців тому +3

    the fifth one

  • @EmmanuelAyeniTV
    @EmmanuelAyeniTV 5 місяців тому +1

    Thanks for sharing

  • @Abdal252
    @Abdal252 5 місяців тому +2

    In my country 0% tax😂

  • @middlesbrough123
    @middlesbrough123 5 місяців тому +1

    Which do you think is the better trade copier now ?

    • @willssforex
      @willssforex  5 місяців тому +4

      Traders connect are pretty good

    • @Twitching0991
      @Twitching0991 5 місяців тому +1

      Using multiterminal in MT4 would be good also. If you can't bear to see big numbers fluctuating then you can divide that to multiple accounts ex. 10K USD / 10 accounts for 1K ea. It will mirror your trades on those accounts.

  • @ReeveNNNNNNNNN
    @ReeveNNNNNNNNN 5 місяців тому +3

    Third!!!!

  • @shahsayid4840
    @shahsayid4840 5 місяців тому +2

    second!

  • @PJSinnott
    @PJSinnott 5 місяців тому +3

    Fourth

  • @mihirsurvase8046
    @mihirsurvase8046 5 місяців тому +2

    sixth

  • @halkins1
    @halkins1 5 місяців тому +8

    if you are a UK resident, how you are managing your (HIGH) taxes. A limited company is an option?

    • @connorl7432
      @connorl7432 5 місяців тому +10

      I live in Scotland and the taxes are soo high it’s unbelievable. You’re talking 48% for anything above £125,000. I couldn’t live with myself giving half my money away, when I get to those numbers I’m moving out of this country as soon as possible. It’s a joke

    • @rich-kid
      @rich-kid 5 місяців тому

      Im also in the UK it's crazy out here but i have seen that with a LTD company it goes down to around 30% tax at £120k per year ​@connorl7432

  • @relaxcentral3219
    @relaxcentral3219 5 місяців тому +2

    does he have 5 200k accounts?

  • @lightkirsche
    @lightkirsche 5 місяців тому +4

    spot on advice

  • @jamgram782
    @jamgram782 3 місяці тому

    The only thing I disagree with is if you have the money in the bank etc and you’re consistent, if you don’t clear what you currently earn but would become time rich then you are better off, this is my goal.

  • @denisgodbless3097
    @denisgodbless3097 5 місяців тому +2

    Please do you think some propfirms are actually A booking some of theirs traders?

    • @denisgodbless3097
      @denisgodbless3097 5 місяців тому +1

      Would like to hear your opinion on that

    • @swolty6702
      @swolty6702 5 місяців тому +5

      Doesn’t really matter, just milk them

    • @ovooghene891
      @ovooghene891 5 місяців тому +4

      Just milk them bro

  • @666jjdemon
    @666jjdemon 5 місяців тому +1

    this is just common sense tips

  • @User-po5yt
    @User-po5yt 5 місяців тому

    15:12 do you still recommend trading just with one firm? especially during these situations

  • @envymesev
    @envymesev 5 місяців тому +1

    Would you recommend FTMO as a prop firm that will payout more then 900k?

    • @chrisspire
      @chrisspire 4 місяці тому

      What is the sense of this question?

    • @envymesev
      @envymesev 4 місяці тому

      @@chrisspire Will they actually pay me that ammount or is there a limit to each person how much money they can get payed out from FTMO

  • @rickwilkinson1929
    @rickwilkinson1929 4 місяці тому

    I thought spread betting in the UK was tax exempt, it's different with prop firms?

  • @IsraelSocials
    @IsraelSocials 5 місяців тому +1

    Thanks bro ❤

  • @AMANSharma-cl4cr
    @AMANSharma-cl4cr 3 місяці тому

    thnxxxx

  • @Bolleta2
    @Bolleta2 5 місяців тому +3

    First!

  • @BrunoGarcia-ih1kk
    @BrunoGarcia-ih1kk 5 місяців тому +2

    4:57 pressure makes diamonds

  • @donte7042
    @donte7042 5 місяців тому +1

    Bro look like a timid serial killer

  • @rozitisdavis
    @rozitisdavis 5 місяців тому

    Answer to video title is easy - have a 300k trading accaunt.