I EXPOSED 100 Prop Firm Traders Stats (Secrets You Need To Know)
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- Опубліковано 25 вер 2024
- I EXPOSED 100 Prop firm Traders Stats (Secrets You Need To Know)
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Today I share with you how to pass these prop firm challenges and the common mistakes traders make when taking these funded trading challenges. We also look at the most profitable prop firm traders and how they trade regarding win rate, trading strategy, and so much more.
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Couple Points I wanted to make here:
1) Keep an eye on the AVG daily wins/losses. It's good to have a higher AVG daily win and keep the AVG daily losses small.
2) Expectations. Focus on yourself and don't ever compare yourself to other traders. This is social media so you'll only see the best of what people want to share.
3) Reward: Risk. In this video I talked about the traders average reward:risk ratio. it's not 100% of the time they go for 2:1 or 1.5:1 or 3:1 or whatever but rather most traders will take multiple positions or contracts and slowly exit positions.
4) Typically these traders are focused on 1-2 markets and not trading 5+
Let me know what you guys think of this...
Great video, very helpful! Thanks!
Thanks. I needed this video.
Great advice brotha!
Great video, thanks a lot ❤
I appreciate this video. It was very good.
Be sure to keep an eye on your average daily win/loss. Some early red flags in trading are when a trader has a higher AVG daily loss compared to AVG daily win. Risk management and knowing when to stop is key.
Very good thx, subscribed
The key is to have a good risk reward and hold to take profit. Holding trades is very hard for new traders to do. I use to struggle with it my self. You might have to place the trades and walk away from the computer. Let what ever happen happen.
It's not easy, am a new trader and finding it hard ti hold trader for longer time but at the end of the day, the market does exactly what I look at the market. Like today I took the gold trade at 2550 -5600 because its 32.8 to 50 retracement but got out fast when it started retracing on the 5 minute with 6 dollar win. I got on again and to see that its going on my direction. Fear of losing the little you have is the problem.
Be nice to see the different time frames they are trading, is it consistent for most or all over the shop.
These are futures traders so traders will need to close the position/trade before end of the day.
I would break down the % like so:
Tick/1minute = 70%
5minute/15minute = 30%
Thanks for sharing this. Very good info
Where can I get access to the chart indicators I saw on your videos showing upcoming large buy and sell orders on the chart with bubble indicators?
Heatmap or Bookmap. Typically used for Futures and Stock traders.
What’s the sample size??? Need 200 to have a statistical significance. In markets I would say 1 year minimum. Great points though. Trade minimally. Think as if it were the 80s and it’s $200 per ticket! 🎫
If by prop firm, you mean a real prop firm, why would you expose them? These are people who go through intense scrutiny, pass their job interviews, get put on the payroll, and receive bonuses for performance. What is there to "expose" ?
I agree, just for the youtube algo. "Exposed" will get more clicks than "reviewed". This was a toss-up when I was uploading but was recommended "exposed" as it's more controversial. Welcome to the youtube game.
😂😂
@@MoneyballAustin
I do think you can make 100$ into 50,000 , u need setups u need to know what ur doing scale in when it’s reproducible
yes, very high risk and only traders who have the knowledge and kill have a much better chance of doing it. Thing is most just don't have that skill setup
@@MoneyballAustin it took me 3-4 years to understand this , before I had the mindset imma gonna be rich fast and trade these small movements now I wait until I see what reproduces for me