Prop Trading Firms Keep You POOR

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Telegram: @samtradescalp

[BlackRockGermany]

Your videos are still among the few that are worth watching. A lot of pseudo trading coaches are bloodsuckers who in reality have absolutely no idea about real trading and have never traded themselves. There's nothing wrong with coaching, but then pretending that you have years of experience in the real trading universe is ridiculous. Thanks for your videos!

[CFX_Trades]

Prop firms are great for people who don't understand risk management, it teaches you quickly.

[jamespaul]

6:00 prop trading vs COMPOUNDING your own account. AWESOME discussion. thanks.

[llnvamsi]

Books, courses suggestions please. I love your conten man. Do you have a course?

[oxymoron]

Please make a detailed video of compounding a small account

[slimskinny]

I think the number one thing that makes prop firms bad is profit target! If you’re not seeing profits you’re going to over trade in order to pass to see profits.

At least if you fund your own account you see profits asap so if you win you’ll tend to trade less.

1 trade at a time as well.

[semmywap]

Yes bro do an example of a compounding risk management series of trades

[craigcullen]

True true ! Prop firms are good and even in the long run suppose there part of the journey but not the final destination…. Compounding is where it’s at

[CaniTrader]

wise words indeed...and it would be a great idea to do a vid based on the example you gave...start with $500, split into 5 accts of $100 each, using a 50% risk on each individual acct and use asymmetrical compounding.

Record a back-test applying these risk management principles and document the results...there will be losses, and that's a part of the trading game, however with asymmetrical compounding, the growth can be enormous when a winning streak happens.

[Vicky...D]

Most Realistic truth said in video.Thank you for being a so kind and considerate person.🙂

[jonathankajjoba]

I personally think the rules prop firms put are good for a trader.

[onevalewa]

How many times has a spike low or high taken me out and then gone where it was expected to go?

[paulwilliamson]

Fast is fast and tight is tight winning is winning and a profit is a profit

[fabiomartins]

I've been telling people when you have 100k funded account you are not trading 100k but you're trading 10k wish is the overall DD so the real risk manage for 100k you should do thinking you have a 10k

[officialcampent]

Very good point! yes I would like to know more about compounding!

[Angelomichaelo]

I have been following your channel for a long time and I really love each video you release especially on trading mindset.
Please I will like to know if you trade for a prop firm and do you advice newbies to go in for it?

[Tbarte]

We’ll said💯 the only upside to prop firms in my opinion is that it’s trying to teach you not to over trade otherwise everything else is trash. I am in the learning phase and I will be more of a compound trader whenever I’m confident to swim in the live markets

[banginzaza]

I was telling people that. Haven't you thought of the $100-1000 you keep using for challenges? You could be stuffing your own account. And looking for the same A+ setups to compound.

[maverickr]

Thank you so much for this video you have opened my eyes to the lies they tell us. I have lost a lot of money on the prop firm because I thought I could make money fast. I'm a newbie so sorry if this question sounds stupid. On the challenge if I'm placing a trade on gold they won't let me open a position more than 1 lot they said not enough money. Will this happen to a small account as well. What should I look for in a broker as in my understanding so far it's something to do with margin. Would then I be able to risk 30 per cent on a small account.

[bigfacts]

Sir please help!
I am doing trading according to your lessons -
•Backtesting
•Journaling
•Self Review
But in this process i am getting negative results.
According to you - Not try to solve the problem and create a new conflict. But i am getting negative results, So what should I do in this situation.

Please help.
I regularly follow your videos and lessons.
Looking forward to your response.