Thank you for watching and listening! This video isn’t meant to be a blanket suggestion to stop trading evals-it’s just my perspective based on my experiences. I truly enjoy friendly discussions, different perspectives, and opinions. If you agree or disagree, I’d love to hear your thoughts, especially on my point about how evals only provide highly efficient products (indices, commodities, and currencies). My decision to move away from them is based on the fact that individual stocks often have fresh, trackable catalysts and provide clearer volume and order flow, creating more day-to-day opportunities to exploit inefficiencies. Currencies and indices often lack significant daily catalysts, relying more on macro events to drive price action. Additionally, their order flow is heavily dominated by algorithms, making it less actionable for identifying meaningful moves. For more on stocks vs. futures vs. forex, check out [this video](ua-cam.com/video/SSetmEzmooU/v-deo.html). Some of you might bring up the PDT rule, but many traders have started under PDT and still found success by adapting their approach. At the end of the day, this is just my perspective-what’s most important is finding what works best for you and aligns with your trading business goals. Let me know what you think!
You have made good points but this all still balls down to one thing can a person trade profitably or not. Prop firms actually taught me to be better because when i had a cash account i was just doing what ever with no rules. I had 600k funding with tft i was funded for 10 months then they went out of business. I made 70k in payouts. I put up 4k in in challenges made huge return. You have to beat them at there own game but sadly only 5% or less of traders are profitable
I believe this is most peoples sentiments when trading props. Especially with all the chaos that abdullah mentioned in the video. Metatrader issues, payout denial, the business model of the prop space, etc.
@@TexasSmooth199%. Even if you're very successful with them, you've got to opt out at some point. On the other hand, if you're not successful , then most likely you're an unprofitable trader yourself, doesn't matter the market.
That's true, too. What he is saying is facts. Those other trading industries have a lot of consolidation where options have way more choices with smoother moving instruments. It's the truth, I trade futures and have been told to add options because options have more vehicles to look into. Why don't you see options prop firms? It's a reason that isn't on your side. Good luck
I have being trading for 10 years now and began by trading options and my own capital… I have traded options, crypto, penny stocks, forex and the rest…. I am now funded futures traders…. My point is one has to find what works best… on The ultimate goal is to milk the funding from the prop firm and use your own capital at some point…
THIS ADVICE IS NOT FOR EVERY TRADER AS WE ARE ALL AT DIFFERENT LEVELS PEOPLE THAT I THINK SHOULD FOLLOW WHAT YOU ARE SAYING WHOLING ARE THOSE WHO HAVE MADE THEMSELVES SOME GOOD MONEY ...BUT IF YOU A TOTAL BEGINNER U NEED PROPFIRN THEY HELP NOT ONLY IN ACCESSING LARGE AMOUNTS OF CAPITAL EVEN IF YOU SAY YOU ARE BASICALLY TRADING 10% OF IT SOME PEPLE LIKE ME MAY NOT JUST EASILY LAND THEMSELVES ON 10K JUST LIKE THAT ...AND ALSO IF USED WELL PROP FIRMS ACTUALLY CAN TEACH YOU HOW TO PROFFESIONALLY MANAGE RISK ..
Great job akhi. I do not completely trust propfirms because they all have a business model which is in their favor but at the same time I understand that I can use them to fund my own account and not rely upon them.
I'm not saying that everyone should abandon eval firms. Stocks are amazing in comparison to ther current products that are offered. That's my main point. If you trade eval-firms, find the most reliable firms and stick with them.
Thank you for your video. As a person who initially traded options from my own account and did the same when I transitioned to futures trading, I have always struggled with the idea of prop firms. Recently. I purchased a few prop firms on Black Friday and have struggled because of the rules. I don't trade that way. I also don't trade daily which I am seeing is a requirement for the prop firm payout. I passed my account but can't seem to get the consistency down to even get a payout from the money I made. I shouldn't have to limit my profits. But like you said, it's all by design. The time I spent gaining $3K to pass could have been in my own account. I am going back to using my own account in Jan 2025.
no disrespect to any traders and I have been trading 17 years NAS100 only and i have said before trade your own account regardless of the size you can grow it ,i have seen just about all the props and to me there nothing but trap houses!!
Thats the only instrument I like. Ive moved now from Forex to Futures, passed a few challenges with future prop firms but lost them soon after by not reducing my risk per trade as soon as I got funded. Im a scalper 1-2 min TF. Never been attracted to Stocks but watching him talking, I might give it another chance.
Hey brother don’t mean to ask any personal questions but are you able to live comfortably through your trading ? I really want to make this my career but my parents tell me I won’t be able to support and fund a comfortable lifestyle doing this
Traders should know how to trade trends, channels and ranges. In my trading plan, the 2nd item for me is to determine if the instrument is ranging or trending on the 5 or 15m. A successful trader needs to be able to extract profit from the market no matter what it does without focusing on the profit side. If you're one of those 'fair weather' traders that can only trade trends, you need to learn to see opportunity in ranges and channels. You need to protect yourself from liquidity sweeps and properly place stops so you don't get wiped out. This game is not for those coming in to make a fast buck, unless you know how to. Meaning you've got the experience and the skiil set to do that. If you think you're gonna come in and 'muscle' the market to bend to your will with a $150K account...you will be broke before lunch time.
Love the vid! My 2 cents: Everyone should aim to trade their own account. I started trading about 8 years ago and while prop firms are an amazing way to start, they cause you to think of 'RTH" far too much. Every single siz figure trade I've made as well as my large trades in general were swing trades - which means you need full margin and patience. Prop firms aren't really designed to let you do that. That being said - I still trade futures, but I also trade equity options, etc! Here's to 2025!
I have a question for you brother, while you are here. Using a casino analogy. A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition. In the context of futures or equities, do you think there are situations where the market behaves more like a slot machine than poker?
@@abdullahrasheed I also found the information to be highly valuable. Thank you Abdullah!! Personally I would like to learn what it is specifically that takes a trader from being a 6 or 7 figure trader to an 8 or 9 figure trader.
I completely agree. As one who came into trading via forex then moved to indices, on a day-to-day basis, there are far more high EV high rr opportunities trading stocks, AND there are so many to choose from that the argument that stocks are too expensive to trade holds no water. Thank you for another common sense breakdown.
This makes sense on higher times frames you like to trade but if you trade lower time frames like the 5 or 15 minute you can find opportunities every day in the futures markets. But I agree about prop firms!!
Great point! Lower timeframes like the 5 or 15 min can show opportunities, especially in futures. But these setups rely on fleeting inefficiencies, and the competition from HFTs and institutions are intense in the futures space making it hard for scalpers to find consistency. It may feel as if you have an eroding edge or you end up break-even over the year because of the increasing presence of algos. I'm curious to hear how long you've been trading the 5 and 15min consistently and if you have any challenges, how frequent you trade, etc.
I trade futures too, but even on lower time frame you're going to find better opportunities if you can pick the right stocks and trade them instead. Futures is just more accessible with less $$
@@abdullahrasheed 5 and 15 min is great for forex supply and demand, literally highly consistent. I was also noticing S&D traders who are trading futures now are taking less S&D set ups so what you are aying makes sense. I felt like the set ups occur less on futures
@@abdullahrasheedI just hear excuses and you’re are a looser. I made 800 pound this morning before the London session even opened. I earned 2100 pounds the day before. The key is when you loose 3 trades in a row just walk away
@ I feel prop firms added more pressure than need, and didn’t allow adjustments that fit different trade situations within my strategy, for example needing 6 mnq contracts during a setup but only allowed 4 for my tp to feel ‘worth it’ to move the account. Once some of that pressure is removed and feel more freedom you just trade better. Like you said you’re not getting $50,000 you’re getting $5,000 so I rather trade my own actual $5,000 and take out what I need when I need.
i definitely recommend learning to trade stock options long term.Especially selling options! The wheel strategy for example can literally print u consistent income.
i personally think the wheel sucks. its way too capital intensive to sell puts and risk being assigned stock. i find way more peace of mind to split my accounts between intraday trades (brokerage #1), swing trades (brokerage #2), and position trades (IRA). to each their own, though. its all about your personality and what suits you personally.
I was reflecting on this exact same thing just couple of days ago and i came to realize how much it has affected my trading only to stumble on your video today that truly explains it all. All I am gonna say is God bless you brother. Really can't wait for what is to come year 2025. We taking over!!!!!!💯💯
My goal is to trade with my own money in a real broker, but to do that, you have to have a fairly large capital for it to pay off. That's why I'm trading props right now... But my journey is on and one day I will reach my goal. Thx Rasheed for your tips, I am one of your students and it has helped me a lot in my journey.
Futures trading is the purest form of trading. I am talking about true intraday trading. This means find trading opportunities in the first 2 hours of trade session. If you are a great intraday trader, futures beats every other market. You are trading the momentum of price, and if done correctly, can be massively profitable. Problem is most traders dont have the skill set. Trust me, there are traders who are very profitable in the futures space. Only a select few can trade using price only. For most traders, they are better off trading higher time like 15min.
I really appreciate you stopping by and commenting. Can you define what you mean by “purest” market? Are you referring to derivatives like equity indices that are calculated from a group of stocks? Metals? Interest rates?
@@abdullahrasheed I am specifically talking about futures indices like ES, and NQ, . The spreads are super tight, lots of liquidity, able to trade multiple contracts, and instant fills on entry and exit.
Abdullah for this one you get it very right, much align with my thought and believe on market, Stocks beat All Hands down. this the reason i once criticised you not to promote Prop firms or SMC and inner circle trader Nonsense. Stocks gives more opportunities above all Assets. Good luck my brother
I think the way to maybe frame this for those of use who trade indices w/ prop firms and fail multiple challenges is...there is no way I could have developed the skill, resilience, patience and market acuity without trading with a prop firm first. Yes I spent probably $5K in challenges but that was pennies on what it saved me and the upside it prepared me for. Yes I've had one day $25K wins. Prop firms have a role in the journey and just need to be clear eyed on that.
I heard someone say that Prop firms are good if you need parametersr to learn consistency, focus on reducing loss. Although you could approach it that way you loose less just saving up, this is what I’m doing saving up.
@@abdullahrasheed A simulation account will never teach you how to manage your emotions properly. At some point, you have to put real money on the line, and I believe it's better to risk $50 to manage $2,000 than to risk your own money - at least in the beginning.
Can you please make a detailed video about how you trade stocks, I'm tired of prop firms and the fear that is there of not getting a payout or losing the account and having to start all over again.
100% agree and i glad to see more of us are becoming aware of this practice. The PF business model is not set up for you to prosper long term. Great presentation, I will be forwarding this to my whole community
@abdullahrasheed Everything you say will be useful as I want to move to the stock market as soon as possible but I don't know what is the appropriate amount to start with... the appropriate analysis & the best way to train on it??... should I change my old analysis method of indices market to suit the characteristics of the stock market? I need to enter a new learning circle or not !!!?...your experience if you shift already!? any advice will be useful believe me... Thanks a lot my bro in advance 🔥🔥♥️
Heres tips on type of market ; -Stock are based on a company earning,company achievement and company public image -Index are based on the performance of a group of stock -Forex based on a nation economy for example if US economy is strong you can expect USD to be strong so you can buy xxx/USD or sell USD/xxx -Commodity like metal,gas,food etc. are based on supply/demand,how much are produced within a year and how much people want to buy it -Gold might be in the category as metal but it is traded different from other because it use used for insurance not for production Hope this help.☺️
I really want to see more types of these videos It’s really good to see more people finding out about this and talking about it Like everything you said in the video has been on my mind for a long time and I tried to explain some of these things that you mentioned to other people And I fully agree with you
For anyone that doubts...if you came from forex to futures you see the difference. I did. I can swing forex, but I don't like intra daying forex. And stocks...get in premarket. I'm usually done with stocks by before new York lunch...it's clearly easier to trade stock ...I do em all though
I agree with what you are saying. I think that day to day definitely futures are more harder to capitalize than stocks. For me at least I’ve seen that my edge is best when I trade less when it comes the futures market. Sometimes that requires me sitting out for a month because there is no real skew Trading stocks however this is actually avoided. Where I have opportunity every single day. And money is always rotating from different sectors I have a mentor who trades options and is up 300% this year alone from stocks and he gets into multiple setups a day but he barely trades futures unless there is opportunity to I think anybody watching this video shouldn’t feel annoyed but reflect on your own journey and don’t be opposed to try something new Have money in different assets and become a real trader. Prop firms are a tool and shouldn’t be looked as the main vehicle
That's great insight! I published this video to present a perspective that may be hard to come by. Its best that everyone reflect on what's best for themselves.
Bro, you are 100% spot on. The only issue here is the start-up capital which practically majority of new beginner traders do not have access to. Truth is it is debatable; prop trading vs real live account trading. There are just so many nuances in the FX or Financial markets space... i have always asked myself, i know its possible to grow a small account say $100 to 4 or even 5 figures overtime, courtesy of compounding. However, here is the question; Will a broker sit and watch a trader grow an account consistently without pulling makung withdrawals and the broker will not manipulate the system on the back end? On the other end, say a trader grows his/her account frpm $100 to $1,000,000, can the broker even pay out these funds. Now ih a trader keeps withdrawing consistenly which is good, him/her will not be able to increase the Lot Size or Position Size over time so as to take advantage of Leverage.... These are the Issues. Nice discuss really. God Bless You Bro.
Your point of view is valid, however, I would suggest that after some withdrawal ,you should consider establishing your personal account and further develop it in a personal capacity.
Akhi I needed this because I’ve had the same perspective but I kind of needed the confirmation from a more experienced person and the things you touched up on here gave me a clear clarity of the direction I am now going to take, because Alhamdulillah I have built my skills and found a clear cut edge with forex now. I appreciate not just this video but with all the knowledge you’re sharing out here on this platform Thankyou Jazaak’Allah Khairan
@ Mostly index futures. Manipulation is a great concept and without going too deep into it, it’s what sets lows and highs. Some of the best entries you can get in trading are either during manipulation or just after it. I have plenty of videos on my channel about it and I wouldn’t even mind hopping on a call with you about it if you want to discuss this further. All of my social media is the same.
Btw...to you newer trader's...when Abdul is talking about at 8:00 ...when topstep and the OG props came in the earlier 2010...they were a hard sell to us because of this math that Abdul is spelling out. We didn't want to buy them..they were way more expensive...and then it was basically a 200% return before you saw any money!!.. plus we had waaaay more leverage in cfds...so it was not till you newer traders came around that props became popular...and cfds going away helped too I guess
I appreciate your insight into the evolution of prop firms in the trading industry. It's interesting how the landscape has changed over time, especially with the shift in popularity towards prop firms as newer traders entered the scene. The dynamics with leverage and costs certainly played a significant role in these developments. Do you think these changes have ultimately been beneficial for traders, or do you see any drawbacks in this shift towards prop firms?
I alway though im a bad trader when im losing an account with a propfirm. But thinking now im a top 1%. with this redicouls propfirm rules i still manage to pass and get payouts. Thanks abdullah
I disagree. I know people making several thousands per day trading/ES only with Apex. If you have an edge and can manage your emotions, it doesn't matter what you trade. There are opportunities in the indices evey single day. If you study a single ticker and understand it in and out, it simplifies trading significantly. No news, catalysts, earnings, etc. Just good ol fashioned price action.
Thanks for stopping by, brother. I'd like to discuss something with you. I have a question using a casino analogy: A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition. In the context of ES (or any other market), do you think there are situations where it behaves more like a slot machine than poker?
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow
It’s crazy that I just came across this video. I was literally just thinking about this exact same thing, doing the math yesterday and today. I’ve been trading prop firms for a couple of years. It is not sustainable. I am moving all of my money to a personal account. The fact that you literally have to make 100% in each phase is absolutely nuts. Good video man.
It’s crazy because 100% is absolutely true, the draw down is 2k but they expect you to make 3k to pass, 🤔 that’s over 100% and not only that, they have rules that make it even harder, like trailing drawndown so you can have a good trade and yet still brake a clown ass rule that’s used to burn that account as quick as possible
@@VR_investments I'm confused on where the 100% is coming from. I'm looking into prop firms and i guess need to be educated on them, but i haven't come across one that said you have to make 100% for the challenges. It's usually max if 10%. 10% first phase and 5% the second phase. I've never seen 100%
@ the 100k account size is a marketing tactic, realistically you have access to the drawn down size, so 2000 drawdown is like your account size, so they want you to make 3k with 2k as drawdown
@@VR_investments Okay so I've seen people say this on reddit. But curious, so fundingtraders tells you exactly what you will make or lose with the percentages based on the account size. Not sure if you want to take a look at that but is that also a marketing tactic? And if this is true, is this only for the challenge phases and not after you pass. I guess I would really have to read through the fine print to see what this is all about
An outstanding thought provoking video, which has caused me to redirect my focus with immediate effect for the here and now, whilst also having the long term endeavour in mind. "Thank You" very much, and stay blessed :- )
I appreciate your understanding, brother. It's crucial to navigate the trading landscape with care and thoughtfulness. What are your thoughts on the points raised in the video?
After watching this video i did my own homework and he is absolutely right. The stock market offers more trading opportunities on a daily because they are companies with equity so it move based on the people actually useing the products that why people say look for stocks with low prices, if the company suddenly blows up the price go up. Equity
This is one the most important trading videos if you do you homework to see if he is right. Im switching to stocks. Less stress, easier to identify trends. Alot of options
Only the experience traders will know that everything u saying in this video is straight facts. Traders should stop wasting their time on these firms. I got shadow banned for being too profitable to the extent where they targeted me everywhere I went, I was only left alone trading personal accounts. This Shit is real
Many people have started small and grown their accounts with base hits and small price stocks. Cash account, multiple margin accounts or offshore broker (not financial advice lol)
Put putting out your truth bro. I enjoy the value you provide. I will be looking into the stock game a little more. Money is money. Trading is just about growing as a person at the end of the day.
Man, you I like one of my favorite trading UA-camrs so I was thinking hmmmm about this title because that’s how you got started…prop firms. Though I glad I watched this whole video. Makes sense. Though how does one who does not have $25K to get started in day trading stocks?
Thanks for watching. Checkout this video about how to trade under PDT ($25K) rule. Many started out under PDT and are now doing very well. ua-cam.com/video/dtF425ol8lw/v-deo.html
I appreciate lance’s advice on finding stocks in play. But I’m sure we could see the setups a few times a week with just NQ, ES, RTY, Gold (they all have enough volume) Advantage of stocks are more symbols to trade but how do u navigate finding in play stocks Should we all be small cap traders? Please a video u choosing in play symbols and why would be great because futures presents quality setups enough during the week What’s the advantage of more screens
By the way I can’t wait to bring my futures setups to options where I could use fundamental catalyst to fuel my setups But I’d love to know how you view stocks in play
The recent development in prop firm universe really ignite my concern.🤔 Newer prop firm tend to be operated by scammers, many are launched an in matters of days, shutdown., hidden rules, consistency rules, payout delays, payout denials, etc. Stocks? I think I can understand your point of view. Thanks for sharing it, Salam 🙏🤝
I completely understand your concerns with the evolving landscape of prop firms. It's crucial to be cautious given the rise of potential scams and operational issues. Stocks indeed offer a more transparent and reliable trading environment. Thank you for engaging with the video, and Salam to you as well! 🙏🤝
Absolutely spot on! However for many it's easier to stomach a $500 account blown from a cash flow perspective than a $5000 blow.Stocks have more opportunities but most also don't know how to set up scanners for the stocks that have catalysts etc
I appreciate your analysis. At this stage, none EU countries can capitalize on withdrawals from Prop firms. Then the focus should move toward alignment of interests. You're paving ways 🙏
Sad too say it's true and that's definitely my plans...it's been my plain since I started back in 2015 but I'll just mike these props for a little longer..why not, definitely switching over to full time stock trader though it's a no brainer💯
@abdullahrasheed I'm ready to see how the challenge goes. I know it will not be easy, but it's the best decision long term for trading success. I personally only know a handful of people on UA-cam actually making money from prop firms or forex and indicies. But I've seen new people come to stocks with proper training and do 6 figures within 12-18 months.
I think what he means tbh is that for the most part good companies stocks want to go up so if u get in on a good entry u can stay in the trade longer how ever I feel that’s more investing than trading . I feel like props are good if u tell ur self that’s u have to get in and out of the market not stay in over trading not try to get big trades like 400 ticks on one trade all the time because for the most part in futures the market breaks and retraces back quickly and hard pause on the Nasdaq especially. I try to get out the market after the second hr of market open once volume dies down
You're right-stocks can range too, and choppy markets are part of the process. However, most stock traders focus on whichever stocks are trending for the day. With over 5K stocks, there are almost always 3-5 that have strong trends or fresh catalysts daily. My point is that instead of dealing with extended periods of choppy markets, you can adopt a model that prioritizes finding those trending plays every day.
So the question is….. “How do you turn the efficiencies of forex, indices, and commodities into an EDGE?” There has to be laws/ rules that institutions/ algorithms base its trading on that not only provide efficiency but consistent EDGE. I just don’t think that the price action in Forex is 100% “random”. I think price moves in a way to disguise the consistent EDGE to make it look random. Just my opinion and im in the process of testing that out as we speak.
Great question. The meaning of “efficiency” is unique in the conversation of the market. It’s not like engineering, mathematics, etc. The market is “efficient” when prices adjust quickly and accurately to new information. In an efficient market, opportunities to find “undervalued” or “overvalued” prices are rare because it’s little time to act on new information. Once the price has adjusted to the latest information there is no predictable movement leaving traders to depend on random price action. The reason I’ve moved to stocks is because you have more news events day to day that cause stocks to move and often there is more time to act on that news. In contrast major catalysts on indices, commodities, currencies are more rare and when they do happen, institutions generally react very quickly leaving less time to take advantage of the new information.
@@abdullahrasheed great explanation, thank you. so correct me if im wrong … you are approaching this dilemma from a “fundamental analysis” perspective? cause i was looking at it from a “technical analysis” perspective. 😊 which i think will produce two different ways to attack the problem- which is finding a consistent edge in forex, indices and commodities which i do believe it is possible from a technical standpoint.
I love Abdullah's content but at this point, he has started to mislead his beginner trader followers. You started us with demand and supply, onto footprint charts, then scalping indices, now all that dint work and now you are introducing them to stocks and out of props. Indices can be traded day to day and thousands of people are doing exactly that using props especially in the futures space. With consistency and the right skills, you will get payouts, fund your personal account and it is the moon from there. Hoping from one trading style to the other will not help traders, consistency and developing an edge will
Thanks for stopping by. A few points of clarification. 1) Supply/demand are universal. Doesn’t matter which product you trade. No market moves if there is no imbalance between them. 2) Footprint/volume profile/order flow are all expressions of volume. Volume exists in all markets 3) Scalping, Intraday, Swing is universal to all products 4) I have not once said that any of the above don’t work 5) what I am saying is out of all the products listed, I personally believe that applying any of the above, is best applied to stocks due to their being more inefficiencies to exploit. That’s all. 6) I am not the only one with this opinion. If you watch my interview with Lance Breitstein he states the same thing. Stocks > indices > Forex. 7) If I was to start over, I would go directly to stocks but if someone cannot and would like to stick to evals, Indices/Commodities would be the way IMO, just avoid the choppy periods. 8) “Thousands” of people are doing exactly that? This statement has to be quantified. How many are breaking-even? How many are just above break-even? The man who runs the tech for the majority of prop-firms says the average hold time is 23 days for a funded account. What’s happening here?
@@abdullahrasheed profitability in the trading space be it indices or forex is not as hard as people try to portray it and thats why i say thousands are doing it. All you need is capital and the right skill. If say you take 10 trades in a month with a 2:1 RR and risk 0.5% per trade, loose five and win 5, you are already up 2.5%. If you have 1m in funding, 2.5% of that is 25k and that is a profitable venture. The problem with many of those who dont even get to keep their props for 23 days is they beleive you can make 10k with a 50k prop. The probability is that you will loose it in the end due to overrisking 2) I am a beleiver that the more you complicate your journey as a beginner trader, the more time it will take you to become profitable and the more bad habits you learn, the harder your journey becomes. This is coming from a point of concern since i understand how long and agonizing the years of unprofitability can be 3)All creators who put out trading content have a responsibility to ensure they dont misguide their audiences. Choose a path and stick to it. Lets get this industry straight together my brother!!
@@abdullahrasheed I don’t think choppy period should be an issue to someone who knows how to beat the market and make money. I can trade ranging & trending markets altogether. If choppiness is the issue, find trends, change timeframe, forex is king 👑
Why am i not surprised, the feeling of the tightening and tightening of this chokehold is everpresent also...the greed of these prop firms is of epic proportions....Such important information - Abdullah Rasheed always intelligent, cogent and precise with his knowlegde and presentation...much much appreciated
I don't plan on trading prop for so long. Make some 5,6,7 figures. While building my personal account also sharing it to the world. My end game is to manage funds for wealthy individuals. If you can't manage and make payout steadily... you can't manage funds for individuals. Cos the same individuals who will approach you will insert break clauses in your contract. Probably 10,15,20% dd. I hope i made a point.
I understand and agree with the point about managing funds. My first point is not about that. It’s about moving to stocks because it’s less efficient IMO and offers more clear opportunities than currencies.
Great video, I have noticed that the indices just aren't tradeable at times, so would love to broaden my horizons. The truth is though I don't know where to start? Can you recommend tips for beginners to trade stocks? I think I need a scanner, I trade on a mac so need a supported platform. Any advice?
The prop firm trading model allows traders to be in a win-win situation due to minimal risk for entry & as of today prop traders have better tax brakes. Good luck Abdul!
You’re right bro I stopped commodities and indexes and went to futures, had some what of an better edge but still was hit with randomness especially with props
That's great to hear you found a better edge with futures. Trading Individual stocks will help with that. Fresh catalyst and/or unusual volume will help resolve that issue.
While I understand the highly efficient nature of Forex, and how retail brokers and especially prop firms are our counterparty, I'm still going to push ahead on my plan to consistently profit from them. But this is only the start of my trading business, diversification into stocks is definitely the next step, a nice polar opposite. I think as long as you manage risk effectively (0.5% a trade), trade with as many firms as you reasonably can, and fly under the radar with modest payouts (2% per pay period), then you should be able to build your own pool of capital on the side to trade with on your own terms. That's part of my plan to navigate this chaotic space. I also saw data showing that the CFDs industry has been growing at a good CAGR and is set for some solid years ahead of growth.
I'm rooting for you. Just consider the opportunity cost of time and energy spent developing an edge with currencies, indices, and commodities if you don't already have one. Do what's best for you.
@@abdullahrasheed Thanks. I have my entire trading plan and process ready for testing this week. Did some small sample size testing of it on a FTMO trial account with good results, this was back when I didn't have the process nearly as formalized as I do now. I'm genuinely trying to make it work and will let the data I gather from the trades going forward direct how I proceed. Totally open to stocks if it doesn't work out. I appreciate your feedback!
Thank you for watching and listening! This video isn’t meant to be a blanket suggestion to stop trading evals-it’s just my perspective based on my experiences. I truly enjoy friendly discussions, different perspectives, and opinions.
If you agree or disagree, I’d love to hear your thoughts, especially on my point about how evals only provide highly efficient products (indices, commodities, and currencies). My decision to move away from them is based on the fact that individual stocks often have fresh, trackable catalysts and provide clearer volume and order flow, creating more day-to-day opportunities to exploit inefficiencies. Currencies and indices often lack significant daily catalysts, relying more on macro events to drive price action. Additionally, their order flow is heavily dominated by algorithms, making it less actionable for identifying meaningful moves.
For more on stocks vs. futures vs. forex, check out [this video](ua-cam.com/video/SSetmEzmooU/v-deo.html).
Some of you might bring up the PDT rule, but many traders have started under PDT and still found success by adapting their approach.
At the end of the day, this is just my perspective-what’s most important is finding what works best for you and aligns with your trading business goals. Let me know what you think!
I've learned a lot from prop trading, but have not been able to pull anything out...
Can you make a video on best leverage brokers in USA
100%. It Gives you proper Discipline!!!
@@chrisbova9686that's almost like a stand-up joke for traders.
KEEP SPREADING THE TRUTH.
You have made good points but this all still balls down to one thing can a person trade profitably or not. Prop firms actually taught me to be better because when i had a cash account i was just doing what ever with no rules. I had 600k funding with tft i was funded for 10 months then they went out of business. I made 70k in payouts. I put up 4k in in challenges made huge return. You have to beat them at there own game but sadly only 5% or less of traders are profitable
Think only 1percent, payout maybe 0.5percent
Totally agree
Prop firms for me are just a means to an end fr using there capital to fund my own account don’t plan on depending on them for the long run
Rooting for you man!
I believe this is most peoples sentiments when trading props. Especially with all the chaos that abdullah mentioned in the video. Metatrader issues, payout denial, the business model of the prop space, etc.
@@TexasSmooth199%. Even if you're very successful with them, you've got to opt out at some point. On the other hand, if you're not successful , then most likely you're an unprofitable trader yourself, doesn't matter the market.
You absolutely nailed this with a clear breakdown.
Thanks for checking it out.
Good perspective but totally disagree… besides providing you with the capital, propfirms also give you the disciplined required to trade…
That's true, too. What he is saying is facts. Those other trading industries have a lot of consolidation where options have way more choices with smoother moving instruments. It's the truth, I trade futures and have been told to add options because options have more vehicles to look into. Why don't you see options prop firms? It's a reason that isn't on your side. Good luck
I have being trading for 10 years now and began by trading options and my own capital… I have traded options, crypto, penny stocks, forex and the rest…. I am now funded futures traders….
My point is one has to find what works best… on
The ultimate goal is to milk the funding from the prop firm and use your own capital at some point…
One thing for sure, I rather use other people money other than my own. I’m gonna keep milking these props 😂🐄
You guys E8 prop firms has futures accounts now. What you guys think about E8?
@ top step is the best for me…. They have been out for a while and no problems
THIS ADVICE IS NOT FOR EVERY TRADER AS WE ARE ALL AT DIFFERENT LEVELS PEOPLE THAT I THINK SHOULD FOLLOW WHAT YOU ARE SAYING WHOLING ARE THOSE WHO HAVE MADE THEMSELVES SOME GOOD MONEY ...BUT IF YOU A TOTAL BEGINNER U NEED PROPFIRN THEY HELP NOT ONLY IN ACCESSING LARGE AMOUNTS OF CAPITAL EVEN IF YOU SAY YOU ARE BASICALLY TRADING 10% OF IT SOME PEPLE LIKE ME MAY NOT JUST EASILY LAND THEMSELVES ON 10K JUST LIKE THAT ...AND ALSO IF USED WELL PROP FIRMS ACTUALLY CAN TEACH YOU HOW TO PROFFESIONALLY MANAGE RISK ..
Breakdown is impeccable! We all got into the game for independence..this journey doesn’t stop with these firms 💯
Great job akhi. I do not completely trust propfirms because they all have a business model which is in their favor but at the same time I understand that I can use them to fund my own account and not rely upon them.
I'm not saying that everyone should abandon eval firms. Stocks are amazing in comparison to ther current products that are offered. That's my main point. If you trade eval-firms, find the most reliable firms and stick with them.
@@abdullahrasheed 5ers has a firm for stocks
@@abdullahrasheed so the" thumbnail" was a trap😅 there's a big gap about the title and what u talking about akhi..
@@abdullahrasheedwhat are the stock firms available out there? Is ICMarket one?
I respect your honesty and authenticity in this video! Well, said. Keep it up!
Thank you for your video. As a person who initially traded options from my own account and did the same when I transitioned to futures trading, I have always struggled with the idea of prop firms. Recently. I purchased a few prop firms on Black Friday and have struggled because of the rules. I don't trade that way. I also don't trade daily which I am seeing is a requirement for the prop firm payout. I passed my account but can't seem to get the consistency down to even get a payout from the money I made. I shouldn't have to limit my profits. But like you said, it's all by design. The time I spent gaining $3K to pass could have been in my own account. I am going back to using my own account in Jan 2025.
no disrespect to any traders and I have been trading 17 years NAS100 only and i have said before trade your own account regardless of the size you can grow it ,i have seen just about all the props and to me there nothing but trap houses!!
Thats the only instrument I like. Ive moved now from Forex to Futures, passed a few challenges with future prop firms but lost them soon after by not reducing my risk per trade as soon as I got funded. Im a scalper 1-2 min TF. Never been attracted to Stocks but watching him talking, I might give it another chance.
Hey brother don’t mean to ask any personal questions but are you able to live comfortably through your trading ? I really want to make this my career but my parents tell me I won’t be able to support and fund a comfortable lifestyle doing this
Traders should know how to trade trends, channels and ranges. In my trading plan, the 2nd item for me is to determine if the instrument is ranging or trending on the 5 or 15m. A successful trader needs to be able to extract profit from the market no matter what it does without focusing on the profit side. If you're one of those 'fair weather' traders that can only trade trends, you need to learn to see opportunity in ranges and channels. You need to protect yourself from liquidity sweeps and properly place stops so you don't get wiped out. This game is not for those coming in to make a fast buck, unless you know how to. Meaning you've got the experience and the skiil set to do that. If you think you're gonna come in and 'muscle' the market to bend to your will with a $150K account...you will be broke before lunch time.
Love the vid! My 2 cents: Everyone should aim to trade their own account. I started trading about 8 years ago and while prop firms are an amazing way to start, they cause you to think of 'RTH" far too much.
Every single siz figure trade I've made as well as my large trades in general were swing trades - which means you need full margin and patience. Prop firms aren't really designed to let you do that.
That being said - I still trade futures, but I also trade equity options, etc!
Here's to 2025!
Lets kill it in 2025! Thanks for your comment and perspective.
What is RTH?
@ regular trading hours
I have a question for you brother, while you are here. Using a casino analogy.
A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition.
In the context of futures or equities, do you think there are situations where the market behaves more like a slot machine than poker?
This is the type of information we actually really need. Thank you for not withholding such valuable information.
I'm glad you find the information valuable! What specific topics are you interested in learning more about when it comes to trading?
@@abdullahrasheed I also found the information to be highly valuable. Thank you Abdullah!! Personally I would like to learn what it is specifically that takes a trader from being a 6 or 7 figure trader to an 8 or 9 figure trader.
Interviewing Lance tomorrow. I’ll ask him
@@abdullahrasheed Thank you sir🔥💯
I completely agree. As one who came into trading via forex then moved to indices, on a day-to-day basis, there are far more high EV high rr opportunities trading stocks, AND there are so many to choose from that the argument that stocks are too expensive to trade holds no water. Thank you for another common sense breakdown.
Thanks for stopping by. Its not even close. I was blind, but now I see.
Most people don't trade stocks due to the PDT rules (25k) that's why these other markets are a better start for them. Low cost to start out
This makes sense on higher times frames you like to trade but if you trade lower time frames like the 5 or 15 minute you can find opportunities every day in the futures markets. But I agree about prop firms!!
Great point! Lower timeframes like the 5 or 15 min can show opportunities, especially in futures. But these setups rely on fleeting inefficiencies, and the competition from HFTs and institutions are intense in the futures space making it hard for scalpers to find consistency. It may feel as if you have an eroding edge or you end up break-even over the year because of the increasing presence of algos. I'm curious to hear how long you've been trading the 5 and 15min consistently and if you have any challenges, how frequent you trade, etc.
I trade futures too, but even on lower time frame you're going to find better opportunities if you can pick the right stocks and trade them instead. Futures is just more accessible with less $$
@@abdullahrasheed 5 and 15 min is great for forex supply and demand, literally highly consistent. I was also noticing S&D traders who are trading futures now are taking less S&D set ups so what you are aying makes sense. I felt like the set ups occur less on futures
@@abdullahrasheedI just hear excuses and you’re are a looser. I made 800 pound this morning before the London session even opened. I earned 2100 pounds the day before.
The key is when you loose 3 trades in a row just walk away
Great video, I agree fully with you on the topic. I didn’t see improvement until I shifted away from prop firms and it changed my whole mindset.
That's awesome to hear! It's great that you found what works best for you. What specifically did you change?
@ I feel prop firms added more pressure than need, and didn’t allow adjustments that fit different trade situations within my strategy, for example needing 6 mnq contracts during a setup but only allowed 4 for my tp to feel ‘worth it’ to move the account. Once some of that pressure is removed and feel more freedom you just trade better. Like you said you’re not getting $50,000 you’re getting $5,000 so I rather trade my own actual $5,000 and take out what I need when I need.
i definitely recommend learning to trade stock options long term.Especially selling options! The wheel strategy for example can literally print u consistent income.
i personally think the wheel sucks. its way too capital intensive to sell puts and risk being assigned stock. i find way more peace of mind to split my accounts between intraday trades (brokerage #1), swing trades (brokerage #2), and position trades (IRA). to each their own, though. its all about your personality and what suits you personally.
Outstanding content. I hope viewers realize how significant this video is.
I was reflecting on this exact same thing just couple of days ago and i came to realize how much it has affected my trading only to stumble on your video today that truly explains it all. All I am gonna say is God bless you brother. Really can't wait for what is to come year 2025. We taking over!!!!!!💯💯
I'm glad you found the video helpful.
My goal is to trade with my own money in a real broker, but to do that, you have to have a fairly large capital for it to pay off. That's why I'm trading props right now...
But my journey is on and one day I will reach my goal.
Thx Rasheed for your tips, I am one of your students and it has helped me a lot in my journey.
That's great to hear. I'm wishing you well along the way.
Het alejandro , Can u tell me which prop firm are you in ? I just want to start
Futures trading is the purest form of trading. I am talking about true intraday trading. This means find trading opportunities in the first 2 hours of trade session. If you are a great intraday trader, futures beats every other market. You are trading the momentum of price, and if done correctly, can be massively profitable. Problem is most traders dont have the skill set. Trust me, there are traders who are very profitable in the futures space. Only a select few can trade using price only. For most traders, they are better off trading higher time like 15min.
I really appreciate you stopping by and commenting. Can you define what you mean by “purest” market? Are you referring to derivatives like equity indices that are calculated from a group of stocks? Metals? Interest rates?
@@abdullahrasheed I am specifically talking about futures indices like ES, and NQ, . The spreads are super tight, lots of liquidity, able to trade multiple contracts, and instant fills on entry and exit.
I agree I didn’t flourish till I came to the futures matket
@@abdullahrasheed yeah and only one data provider if NQ is 20300,25 . It is there on whole world, for everyone! No scummy cfd brokers.
is future currencies also different from regular currencies
Abdullah for this one you get it very right, much align with my thought and believe on market, Stocks beat All Hands down. this the reason i once criticised you not to promote Prop firms or SMC and inner circle trader Nonsense. Stocks gives more opportunities above all Assets. Good luck my brother
Thanks for the constant critique and support.
I think the way to maybe frame this for those of use who trade indices w/ prop firms and fail multiple challenges is...there is no way I could have developed the skill, resilience, patience and market acuity without trading with a prop firm first. Yes I spent probably $5K in challenges but that was pennies on what it saved me and the upside it prepared me for. Yes I've had one day $25K wins. Prop firms have a role in the journey and just need to be clear eyed on that.
Glad it worked for you brother.
I heard someone say that Prop firms are good if you need parametersr to learn consistency, focus on reducing loss. Although you could approach it that way you loose less just saving up, this is what I’m doing saving up.
Evals are a good learning tool, but you can apply the same discipline in the sim. The tuition you pay is self afflicted.
@@abdullahrasheed A simulation account will never teach you how to manage your emotions properly. At some point, you have to put real money on the line, and I believe it's better to risk $50 to manage $2,000 than to risk your own money - at least in the beginning.
Can you please make a detailed video about how you trade stocks, I'm tired of prop firms and the fear that is there of not getting a payout or losing the account and having to start all over again.
100% agree and i glad to see more of us are becoming aware of this practice. The PF business model is not set up for you to prosper long term. Great presentation, I will be forwarding this to my whole community
This video already answers a lot of questions in my head... Please bro make part 2
What do you want to see in part 2?
@abdullahrasheed 🙏🙏♥️
@abdullahrasheed
Everything you say will be useful as I want to move to the stock market as soon as possible but I don't know what is the appropriate amount to start with... the appropriate analysis & the best way to train on it??... should I change my old analysis method of indices market to suit the characteristics of the stock market? I need to enter a new learning circle or not !!!?...your experience if you shift already!? any advice will be useful believe me... Thanks a lot my bro in advance 🔥🔥♥️
Expanding my mind with your content, as always, bro....top
Straight facts! Great video. This is the best one yet.
Heres tips on type of market ;
-Stock are based on a company earning,company achievement and company public image
-Index are based on the performance of a group of stock
-Forex based on a nation economy for example if US economy is strong you can expect USD to be strong so you can buy xxx/USD or sell USD/xxx
-Commodity like metal,gas,food etc. are based on supply/demand,how much are produced within a year and how much people want to buy it
-Gold might be in the category as metal but it is traded different from other because it use used for insurance not for production
Hope this help.☺️
Thank you for the breakdown.
I might have got it wrong but, why do you buy a USD cross pair when USD gets stronger. You can buy USD/XXX or sell xxx/USD
@@ebitells my mistake 😂 thanks for correcting👍
It does. Nice break down.
@@Noiz01 i feel as tho forex has a lot of quality suuply and demand set ups. Does not looki like ill be moving to futures.
Great break down !
💯
I really want to see more types of these videos
It’s really good to see more people finding out about this and talking about it
Like everything you said in the video has been on my mind for a long time and I tried to explain some of these things that you mentioned to other people
And I fully agree with you
Learnt so much from this video, I'm starting to adjust to a long time perspective ❤
For anyone that doubts...if you came from forex to futures you see the difference. I did. I can swing forex, but I don't like intra daying forex. And stocks...get in premarket. I'm usually done with stocks by before new York lunch...it's clearly easier to trade stock ...I do em all though
What place let's you trade premarket?
same, i swing trade forex, i day trade futures, and i get in premarket with stock options.
I agree with what you are saying. I think that day to day definitely futures are more harder to capitalize than stocks. For me at least I’ve seen that my edge is best when I trade less when it comes the futures market. Sometimes that requires me sitting out for a month because there is no real skew
Trading stocks however this is actually avoided. Where I have opportunity every single day. And money is always rotating from different sectors
I have a mentor who trades options and is up 300% this year alone from stocks and he gets into multiple setups a day but he barely trades futures unless there is opportunity to
I think anybody watching this video shouldn’t feel annoyed but reflect on your own journey and don’t be opposed to try something new
Have money in different assets and become a real trader. Prop firms are a tool and shouldn’t be looked as the main vehicle
That's great insight! I published this video to present a perspective that may be hard to come by. Its best that everyone reflect on what's best for themselves.
Great Job Abdullah!
Bro, you are 100% spot on. The only issue here is the start-up capital which practically majority of new beginner traders do not have access to. Truth is it is debatable; prop trading vs real live account trading. There are just so many nuances in the FX or Financial markets space... i have always asked myself, i know its possible to grow a small account say $100 to 4 or even 5 figures overtime, courtesy of compounding. However, here is the question; Will a broker sit and watch a trader grow an account consistently without pulling makung withdrawals and the broker will not manipulate the system on the back end? On the other end, say a trader grows his/her account frpm $100 to $1,000,000, can the broker even pay out these funds. Now ih a trader keeps withdrawing consistenly which is good, him/her will not be able to increase the Lot Size or Position Size over time so as to take advantage of Leverage.... These are the Issues. Nice discuss really. God Bless You Bro.
I enjoyed this perspective, good video.
Glad you enjoyed it! Thanks for the support.
all good points and makes sense bro. I think it comes down to the trader and can you trade. it's really that simple cause it ain't easy.
Nice, I'm about to start trading with my own capital. Done with the prop.
Brokers also have their shady side
Thank you Coach Abdullah - I needed to hear this.
Your point of view is valid, however, I would suggest that after some withdrawal ,you should consider establishing your personal account and further develop it in a personal capacity.
Akhi I needed this because I’ve had the same perspective but I kind of needed the confirmation from a more experienced person and the things you touched up on here gave me a clear clarity of the direction I am now going to take, because Alhamdulillah I have built my skills and found a clear cut edge with forex now.
I appreciate not just this video but with all the knowledge you’re sharing out here on this platform Thankyou Jazaak’Allah Khairan
03:51 Manipulation is NOT random price action. Also, ranging markets are not "terrible."
Thanks for stopping by. Can you please share with me what you trade and more about your perspective of manipulation?
@ Mostly index futures. Manipulation is a great concept and without going too deep into it, it’s what sets lows and highs. Some of the best entries you can get in trading are either during manipulation or just after it. I have plenty of videos on my channel about it and I wouldn’t even mind hopping on a call with you about it if you want to discuss this further. All of my social media is the same.
Btw...to you newer trader's...when Abdul is talking about at 8:00 ...when topstep and the OG props came in the earlier 2010...they were a hard sell to us because of this math that Abdul is spelling out. We didn't want to buy them..they were way more expensive...and then it was basically a 200% return before you saw any money!!.. plus we had waaaay more leverage in cfds...so it was not till you newer traders came around that props became popular...and cfds going away helped too I guess
I appreciate your insight into the evolution of prop firms in the trading industry. It's interesting how the landscape has changed over time, especially with the shift in popularity towards prop firms as newer traders entered the scene. The dynamics with leverage and costs certainly played a significant role in these developments. Do you think these changes have ultimately been beneficial for traders, or do you see any drawbacks in this shift towards prop firms?
This is one of the most transparent videos on prop firm trading on UA-cam!
Which prop firm are you using
@AananyaBharti-p5i the last prop firm I traded with was myforexfunds, and I'm still waiting on that 20k pay out. 😂 I just trade my own money now.
I alway though im a bad trader when im losing an account with a propfirm. But thinking now im a top 1%. with this redicouls propfirm rules i still manage to pass and get payouts. Thanks abdullah
Thank you so much for this. Really helpful and honest. Looking forward to your stock-trading advice.
I disagree. I know people making several thousands per day trading/ES only with Apex. If you have an edge and can manage your emotions, it doesn't matter what you trade. There are opportunities in the indices evey single day. If you study a single ticker and understand it in and out, it simplifies trading significantly. No news, catalysts, earnings, etc. Just good ol fashioned price action.
Apex ? propfirm?
@@gordongekko1851 yes
Thanks for stopping by, brother. I'd like to discuss something with you. I have a question using a casino analogy:
A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition.
In the context of ES (or any other market), do you think there are situations where it behaves more like a slot machine than poker?
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to Follow
I'm glad you found my content helpful and easy to follow!
Very informative like always.
Thank you for watching! What was the most valuable piece of information you took away from this video?
As always good insight and made gravitate toward learning Stocks while i am still one year in the market. Thank you
It’s crazy that I just came across this video. I was literally just thinking about this exact same thing, doing the math yesterday and today. I’ve been trading prop firms for a couple of years. It is not sustainable. I am moving all of my money to a personal account. The fact that you literally have to make 100% in each phase is absolutely nuts. Good video man.
It’s crazy because 100% is absolutely true, the draw down is 2k but they expect you to make 3k to pass, 🤔 that’s over 100% and not only that, they have rules that make it even harder, like trailing drawndown so you can have a good trade and yet still brake a clown ass rule that’s used to burn that account as quick as possible
@@VR_investments I'm confused on where the 100% is coming from. I'm looking into prop firms and i guess need to be educated on them, but i haven't come across one that said you have to make 100% for the challenges. It's usually max if 10%. 10% first phase and 5% the second phase. I've never seen 100%
@ the 100k account size is a marketing tactic, realistically you have access to the drawn down size, so 2000 drawdown is like your account size, so they want you to make 3k with 2k as drawdown
I hope that makes sense
@@VR_investments Okay so I've seen people say this on reddit. But curious, so fundingtraders tells you exactly what you will make or lose with the percentages based on the account size. Not sure if you want to take a look at that but is that also a marketing tactic? And if this is true, is this only for the challenge phases and not after you pass. I guess I would really have to read through the fine print to see what this is all about
Absolutely loved this. I think I needed to hear it lol
That's great to hear! What specific part resonated with you the most?
An outstanding thought provoking video, which has caused me to redirect my focus with immediate effect for the here and now, whilst also having the long term endeavour in mind. "Thank You" very much, and stay blessed :- )
Finaly some one who gave a good perspective 🙏🏿❤️❤️ love the video …
I hear you deep my brother!
I appreciate your understanding, brother. It's crucial to navigate the trading landscape with care and thoughtfulness. What are your thoughts on the points raised in the video?
Thank you Abdullah
God bless you
Thanks man 🌹. Nobody before talk about this things we need more videos like this
After watching this video i did my own homework and he is absolutely right. The stock market offers more trading opportunities on a daily because they are companies with equity so it move based on the people actually useing the products that why people say look for stocks with low prices, if the company suddenly blows up the price go up. Equity
This is one the most important trading videos if you do you homework to see if he is right. Im switching to stocks. Less stress, easier to identify trends. Alot of options
Only the experience traders will know that everything u saying in this video is straight facts. Traders should stop wasting their time on these firms. I got shadow banned for being too profitable to the extent where they targeted me everywhere I went, I was only left alone trading personal accounts. This Shit is real
Hey , can i start trading with you ?
In the US, you aren't trading stocks with 1000 USD, the DPT rule prevents this. Unless you are trading bigger moves.
Many people have started small and grown their accounts with base hits and small price stocks. Cash account, multiple margin accounts or offshore broker (not financial advice lol)
In the stock community it is normal to start small
Put putting out your truth bro. I enjoy the value you provide. I will be looking into the stock game a little more. Money is money. Trading is just about growing as a person at the end of the day.
Thanks for the support! You can get started here with this video.
ua-cam.com/video/gZLborYzrwc/v-deo.html
This makes complete sense!
Thank you for your support! It's crucial for traders to focus on developing a solid edge rather than just chasing more capital.
Man, you I like one of my favorite trading UA-camrs so I was thinking hmmmm about this title because that’s how you got started…prop firms. Though I glad I watched this whole video. Makes sense. Though how does one who does not have $25K to get started in day trading stocks?
Thanks for watching. Checkout this video about how to trade under PDT ($25K) rule. Many started out under PDT and are now doing very well.
ua-cam.com/video/dtF425ol8lw/v-deo.html
Great video
thanks for the vid bro, didn't know this stufff
You're welcome! I'm glad you found the video helpful.
I appreciate lance’s advice on finding stocks in play. But I’m sure we could see the setups a few times a week with just NQ, ES, RTY, Gold (they all have enough volume)
Advantage of stocks are more symbols to trade but how do u navigate finding in play stocks
Should we all be small cap traders?
Please a video u choosing in play symbols and why would be great because futures presents quality setups enough during the week
What’s the advantage of more screens
By the way I can’t wait to bring my futures setups to options where I could use fundamental catalyst to fuel my setups
But I’d love to know how you view stocks in play
Did you update your trading course to teach how to trade stock, what broker to use, what strategy, what stock ...
Also this makes sense because all the great traders of the past who made millions for years started trading stocks
YOU ARE A KING! great content bro, im sure we'd link up in the future, would love to pick your brain.
Great learning tool still. I plan to move go live next year. But the prop firms gave me the confidence to even say that.
I feel you brother they can be a good learning tool for sure.
The recent development in prop firm universe really ignite my concern.🤔
Newer prop firm tend to be operated by scammers, many are launched an in matters of days, shutdown., hidden rules, consistency rules, payout delays, payout denials, etc.
Stocks? I think I can understand your point of view.
Thanks for sharing it, Salam 🙏🤝
I completely understand your concerns with the evolving landscape of prop firms. It's crucial to be cautious given the rise of potential scams and operational issues. Stocks indeed offer a more transparent and reliable trading environment. Thank you for engaging with the video, and Salam to you as well! 🙏🤝
Thank you for sharing this valuable knowledge, Its given me a lot to consider with trading indices/comms vs stocks. Appreciate you bro🙌💯
Absolutely spot on! However for many it's easier to stomach a $500 account blown from a cash flow perspective than a $5000 blow.Stocks have more opportunities but most also don't know how to set up scanners for the stocks that have catalysts etc
I appreciate your analysis. At this stage, none EU countries can capitalize on withdrawals from Prop firms. Then the focus should move toward alignment of interests. You're paving ways 🙏
Sad too say it's true and that's definitely my plans...it's been my plain since I started back in 2015 but I'll just mike these props for a little longer..why not, definitely switching over to full time stock trader though it's a no brainer💯
Please make a video on how to start trading stocks for those of us who do not know anything about it.
You just saved me a bunch of time. Jazak Allah.
I'm glad to hear that you found the video helpful! If you have any more questions or need further insights, feel free to ask. Happy trading!
This man is preaching FACTS. I hope everyone listens.
YESSIR. What's your thoughts on all of this?
@abdullahrasheed I'm ready to see how the challenge goes. I know it will not be easy, but it's the best decision long term for trading success. I personally only know a handful of people on UA-cam actually making money from prop firms or forex and indicies. But I've seen new people come to stocks with proper training and do 6 figures within 12-18 months.
Liquidity sweeps exist, go and observe how price moves around key levels, it's not random at all
What do you mean bro? Stock also range. You can see that ranging markets is part of the process
I think what he means tbh is that for the most part good companies stocks want to go up so if u get in on a good entry u can stay in the trade longer how ever I feel that’s more investing than trading . I feel like props are good if u tell ur self that’s u have to get in and out of the market not stay in over trading not try to get big trades like 400 ticks on one trade all the time because for the most part in futures the market breaks and retraces back quickly and hard pause on the Nasdaq especially. I try to get out the market after the second hr of market open once volume dies down
You're right-stocks can range too, and choppy markets are part of the process. However, most stock traders focus on whichever stocks are trending for the day. With over 5K stocks, there are almost always 3-5 that have strong trends or fresh catalysts daily. My point is that instead of dealing with extended periods of choppy markets, you can adopt a model that prioritizes finding those trending plays every day.
Hi sir. How to find daily trending stocks effectively?
So the question is….. “How do you turn the efficiencies of forex, indices, and commodities into an EDGE?”
There has to be laws/ rules that institutions/ algorithms base its trading on that not only provide efficiency but consistent EDGE. I just don’t think that the price action in Forex is 100% “random”. I think price moves in a way to disguise the consistent EDGE to make it look random. Just my opinion and im in the process of testing that out as we speak.
Great question. The meaning of “efficiency” is unique in the conversation of the market. It’s not like engineering, mathematics, etc.
The market is “efficient” when prices adjust quickly and accurately to new information. In an efficient market, opportunities to find “undervalued” or “overvalued” prices are rare because it’s little time to act on new information. Once the price has adjusted to the latest information there is no predictable movement leaving traders to depend on random price action.
The reason I’ve moved to stocks is because you have more news events day to day that cause stocks to move and often there is more time to act on that news. In contrast major catalysts on indices, commodities, currencies are more rare and when they do happen, institutions generally react very quickly leaving less time to take advantage of the new information.
@@abdullahrasheed
great explanation, thank you. so correct me if im wrong … you are approaching this dilemma from a “fundamental analysis” perspective? cause i was looking at it from a “technical analysis” perspective. 😊 which i think will produce two different ways to attack the problem- which is finding a consistent edge in forex, indices and commodities which i do believe it is possible from a technical standpoint.
@@abdullahrasheedand also my next question for you is… what are your thoughts on approaching these markets from a technical standpoint?
I love Abdullah's content but at this point, he has started to mislead his beginner trader followers. You started us with demand and supply, onto footprint charts, then scalping indices, now all that dint work and now you are introducing them to stocks and out of props. Indices can be traded day to day and thousands of people are doing exactly that using props especially in the futures space. With consistency and the right skills, you will get payouts, fund your personal account and it is the moon from there. Hoping from one trading style to the other will not help traders, consistency and developing an edge will
Thanks for stopping by. A few points of clarification.
1) Supply/demand are universal. Doesn’t matter which product you trade. No market moves if there is no imbalance between them.
2) Footprint/volume profile/order flow are all expressions of volume. Volume exists in all markets
3) Scalping, Intraday, Swing is universal to all products
4) I have not once said that any of the above don’t work
5) what I am saying is out of all the products listed, I personally believe that applying any of the above, is best applied to stocks due to their being more inefficiencies to exploit. That’s all.
6) I am not the only one with this opinion. If you watch my interview with Lance Breitstein he states the same thing. Stocks > indices > Forex.
7) If I was to start over, I would go directly to stocks but if someone cannot and would like to stick to evals, Indices/Commodities would be the way IMO, just avoid the choppy periods.
8) “Thousands” of people are doing exactly that? This statement has to be quantified. How many are breaking-even? How many are just above break-even? The man who runs the tech for the majority of prop-firms says the average hold time is 23 days for a funded account. What’s happening here?
@@abdullahrasheed profitability in the trading space be it indices or forex is not as hard as people try to portray it and thats why i say thousands are doing it. All you need is capital and the right skill. If say you take 10 trades in a month with a 2:1 RR and risk 0.5% per trade, loose five and win 5, you are already up 2.5%. If you have 1m in funding, 2.5% of that is 25k and that is a profitable venture. The problem with many of those who dont even get to keep their props for 23 days is they beleive you can make 10k with a 50k prop. The probability is that you will loose it in the end due to overrisking
2) I am a beleiver that the more you complicate your journey as a beginner trader, the more time it will take you to become profitable and the more bad habits you learn, the harder your journey becomes. This is coming from a point of concern since i understand how long and agonizing the years of unprofitability can be
3)All creators who put out trading content have a responsibility to ensure they dont misguide their audiences. Choose a path and stick to it.
Lets get this industry straight together my brother!!
@@abdullahrasheed I don’t think choppy period should be an issue to someone who knows how to beat the market and make money. I can trade ranging & trending markets altogether. If choppiness is the issue, find trends, change timeframe, forex is king 👑
Thank you brother
I appreciate your support! If you have any questions or thoughts to share, feel free to let me know. Cheers!
Why am i not surprised, the feeling of the tightening and tightening of this chokehold is everpresent also...the greed of these prop firms is of epic proportions....Such important information - Abdullah Rasheed always intelligent, cogent and precise with his knowlegde and presentation...much much appreciated
I'm glad you found the information valuable! Thanks for the support.
I don't plan on trading prop for so long. Make some 5,6,7 figures. While building my personal account also sharing it to the world.
My end game is to manage funds for wealthy individuals. If you can't manage and make payout steadily... you can't manage funds for individuals.
Cos the same individuals who will approach you will insert break clauses in your contract. Probably 10,15,20% dd.
I hope i made a point.
I understand and agree with the point about managing funds. My first point is not about that. It’s about moving to stocks because it’s less efficient IMO and offers more clear opportunities than currencies.
Which broker can I use on Tradingview to trade stocks?
I think IBKR, but you'll want to exit TV and get into a platform with hotkeys and better execution if you are day trading or scalping.
Nice content. How do we start trading stocks? Where to start from, brokers to use, minimum amount of money to start
Checkout this playlist brother.
ua-cam.com/play/PLOdtzvCyAS_z22i8a_JBWY3id5IIpslHy.html&si=kNF87Byu5fDJrKcw
Great video, I have noticed that the indices just aren't tradeable at times, so would love to broaden my horizons. The truth is though I don't know where to start? Can you recommend tips for beginners to trade stocks? I think I need a scanner, I trade on a mac so need a supported platform. Any advice?
Abdullah you're lowkey incredible. You're going to be interviewing me some day within the next two years: remember I said this.
LETS GOOOO 🔥🔥🔥🔥🔥🔥
What is the stock that one can trade because you where trading us30 on indices so@@abdullahrasheed
The prop firm trading model allows traders to be in a win-win situation due to minimal risk for entry & as of today prop traders have better tax brakes. Good luck Abdul!
I'd love to hear your perspective about my first point. Eval firms only offering highly efficient products.
You’re right bro I stopped commodities and indexes and went to futures, had some what of an better edge but still was hit with randomness especially with props
That's great to hear you found a better edge with futures. Trading Individual stocks will help with that. Fresh catalyst and/or unusual volume will help resolve that issue.
What do you think about trade the Pool stock Trading Prop firm
I know someone that is trying them out. I'll let the community know the outcome.
How do we get into trading stocks? Any good recommendations on videos? Or where to get started? Thank you for your knowledge you preach on here.
You can start with this video and the recommendations I make there.
ua-cam.com/video/gZLborYzrwc/v-deo.html
While I understand the highly efficient nature of Forex, and how retail brokers and especially prop firms are our counterparty, I'm still going to push ahead on my plan to consistently profit from them. But this is only the start of my trading business, diversification into stocks is definitely the next step, a nice polar opposite.
I think as long as you manage risk effectively (0.5% a trade), trade with as many firms as you reasonably can, and fly under the radar with modest payouts (2% per pay period), then you should be able to build your own pool of capital on the side to trade with on your own terms. That's part of my plan to navigate this chaotic space.
I also saw data showing that the CFDs industry has been growing at a good CAGR and is set for some solid years ahead of growth.
I'm rooting for you. Just consider the opportunity cost of time and energy spent developing an edge with currencies, indices, and commodities if you don't already have one. Do what's best for you.
@@abdullahrasheed Thanks. I have my entire trading plan and process ready for testing this week. Did some small sample size testing of it on a FTMO trial account with good results, this was back when I didn't have the process nearly as formalized as I do now. I'm genuinely trying to make it work and will let the data I gather from the trades going forward direct how I proceed. Totally open to stocks if it doesn't work out. I appreciate your feedback!
Wooooow. I seen a video saying similar things you said. Some years ago. Its real. Woooow!