Asking the TOP 5 Prop Firm Traders How to PASS

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Best Prop Firms:
(Code “KIMMEL” on CFD, “KT” on futures for best discount)
(Code “KIMMEL” for the best discount)

DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational and entertainment purposes ONLY. I'm simply documenting my trading journey so that you have the potential to take ideas and inspiration from the videos that may help you within your own journey. But remember, trading/investing of any kind involves risk. Your trading/investments are solely your responsibility.

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#futurestrading #forextrading
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I have passed multiple challenges and got my payouts. It's simple but not easy:
Step 1. Have an edge.
Step 2. Exploit that edge over and over with discipline and consistency.
Rinse and repeat.

Zyren-Life
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My takeaways from these traders.

1_ Reducing your risk as jade said.
2 _ Don't copy to approach challenges as other do on social media as paladin said.
3 _ play smart, trade only high probability setup as Andrew said
4 _ your edge, your psychology, your strategy and other thing is having confidence as Dan said.
5 _ do you actually know what is going on, ask yourself as Pasquale said, anything can work in trading, you should have patience.
It's not quick rich scheme, it will take time

Great work Kimmel ❤
Appreciate it man 👍

shahmuhammad
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Here are the best answer that you can take. I am currently trading for more than 5 years. I have never failed even a challenge in the prop firm. More than 10 challenges that I passed. I use 1:3 RR for all trades. No secret here, the first trade should be risking 1%. If you win, you risk the entire 3%. If you lose, you go to the initial balance, if you win you pass it. Everytime your account is on drawdown, risk 0.5% per trade, after your acc reach 2% drawdown, risk 0.25% and never change it again. Believe me in this, you will never regret. Biggest takeaway absolutely stick to the risk management and make sure you never overtrade when get losing trades. Wait your A+ setup to appear. Welcome 😇

redcodefx
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I learned five important lessons from top prop traders:
1. Manage risk
2. Don't copy others
3. Focus on high probability setups
4. Be confident in your edge
5. Be patient and disciplined
Profitability is more important than passing challenges, and passing challenges is no guarantee of success. Thanks to Kimmel for sharing these insights!

muhammadibrahim
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risking less when you go into drawdown. going into drawdown is emotional and i used to always double my risk to try to make it back instead of cutting it in half and treating these challenges like a business instead of gambling! awesome interviews

Shipwayfx
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Risking half of the initial risk when we are in Drawdown is the biggest tip and takeaway for example first trade 1 % risk if I loss the trade I need to reduce the 0.5 % to until reach initial balance 👌🏻 🏆Takeaway is Risk management and money management wins the trading game 🤩👍 waiting for part 2💎

Manishasathish-ni
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This guy is giving free nuggets!
They all talked about 2 really important things:
- Do you really know what rules do you must have for your personal trading and to pass those challenges?
- Do you have enough proves to start a challenge or are you just running after the money?

franciscosantoseth
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The number of trades you take before blowing your account is important. You want to be able to risk such that you are able to take as many trades as possible before blowing and also having confidence and descipline is key. The most important question people need to answer is "am I profitable " instead of "can I pass a challenge " some pass the challenges, get funded and lose the accounts so passing is not as important. ❤

Oliver__SA
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I get why some people think prop firms are a scam—most traders blow their accounts within weeks. But let’s be real, the problem isn’t the firms, it’s that people don’t know how to trade in a structured way. If you don’t have a real plan, you're just gambling.

NathanBlake-xw
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My primary lesson learned is the significance of the number of trades executed before depleting your account. It's crucial to manage risk in a way that allows for numerous trades before facing account depletion. Moreover, maintaining confidence and discipline is paramount. Instead of focusing on the ability to pass a challenge, the critical question to address is whether one is consistently profitable. Passing challenges may lead to funding, but sustaining and growing the account over time is the ultimate measure of success.

waqas
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My biggest takeaway is to buy multiple trading accounts. Next time I have $100 to spend I'm buying two 5k accounts instead on one 10k account.

LocoPhin
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Take away: Trading isn’t a one size fits all game.

I think everyone has a different psychology and they are more likely to find their edge in one strategy vs. another. One guy was talking about risking a lot and taking your chances over multiple, and another about conservative risk management. Both are successful but they just found what works for them.

ralph-wh
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Great video! Key takeaways:
1) Adjust risk based on balance and win/loss (Kyle).
2) Don’t copy others, consider your own goals (Paladin).
3) Be aggressive with challenges, buy multiple accounts (Andrew).
4) Understand losses are part of the process, stay calm (Dan Chong).
5) Know the rules, have patience and discipline, avoid over-leveraging (Pasquali).
Thanks for the insights; eagerly waiting for part 2.❤

lofiyaar
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*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

KevinRichardhamsik
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My favorite takeaway is even if it takes you one, two or six months, do not rush to pass the challenge. Stay disciplined and treat it like a business.

brianmwenda
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Andrew NFX's scaled risk approach to passing challenges was interesting and sensible provided a person has the initial capital to throw at several challenges but moderating his approach of 4% approach on an A+ setup down to the 1-2% standard for all trades in phase 1 irrespective of whether it's a near perfect setup is just more mathematically sound. It just increases the number of times you can correct for prior errors if you encounter them. He doesn't outright say it but what Andrew recognizes is the value of time which often gets overlooked. If you spend an eternity on a challenge you're foregoing other opportunities and experiences in life that might be more lucrative or enjoyable. Definitely going to check out more of his work. Thanks for the vid Kimmel.

wolfbane
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My favourite takeaway from this videos was kile"'s opinion
-To risk a normal 1-2% per trade from the initial balance for the first trade
-To lower the risk if you lose this first trade to to keep it the same if you win
Really decent video! Thank you!

DanielStefanov
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I’m so grateful that we get this content in this day and age. Thank you Kimmel for being able to set this up for all traders that are out there without a social presence.

This was timely since I failed three evaluation accounts this week trying to push my edge.

They take away that I got here is to take it slow. Have a long-term vision. If I lose my first trade, cut the risk in half each loss.

vladlenvronsky
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1. RISK ADJUSTMENT in a series of trade for longivity in the game
2. NEVER COMPARING TO THOSE whom we're looking up to and not to copy them
3. PLAYING SMART multiple accounts with high risk "not for me though"
4.PROOF OF CONCEPT having a working edge, understanding your psychology and also yourself💯
5. Confidence understanding the proofs of concepts works despite the ups and down with proper risk understanding
5.understanding what it takes and what is required, and know and take it as a career slow but sure💯
No short cuts and a plan is a requirement and being displined to follow the trading plan❤

rankstrades
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My takeaway from this video

1.discipline
2. Consistentcy
3. A executable and profitable strategy
4.be patient
5. relentlessly exexute your trading plan

鄭雨-lt
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