Road to 1 Million Forex Funding | My Prop Firm Risk Management Plan (Day 10)

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In this video I go over day 10 of the road to a million in forex funding, its been very slow period so I discuss what's been happening and my current risk management plan with this account.

if you guys get value from this video then please LIKE,COMMENT and SUBSCRIBE I would appreciate it.

Disclaimer: This is not financial advice and is for entertainment purposes only!

#tradingforex #forextrading #forex #stockmarket

[Juve]

I think you are on the right track when you talk about being more aggressive during challenge phase, as long as you can afford it I think you should be pushing hard during challenge phase, even for example taking setups that aren't your premium setups, its about getting the account moving. Once you have passed you can then slow down in live phase. But during your challenge phase the account isn't actually doing anything for you, its just wasting time. I think you should probably be risking at least 2% a trade during the challenge phase. Again this is only if you can afford to buy another account.

The beauty of prop firms is you can buy yourself back to break even, so it allows you to be aggressive and let variance take its course, if you blow the account great, as long as you are following your rules you know long term you will win it back. So the ability to buy back to break even is a huge edge that we have when taking prop challenge.

[BigCTrades]

I agree. You need to be willing to Risk more to get to funded quicker. Once you get to funded you can be more careful. But you need to accept the Risk is that you might blow the account. You can always buy in again. Does paying the fee again make a big difference to your life? If it does that's different. If it doesn't go for it. Remember this isn't about making content or it shouldn't be. It is about making profits and getting paid. Personally I wouldn't like using a strategy that gives me no trades for days at a time. I want a strategy that gives me multiple opportunities. Otherwise when i show up i can be stuck doing nothing. As a trader its hard showing up and doing nothing. But if that's really what you want to do then fair enough.

[imad]

in my opinion, risk 1% if you win risk 2% if you loose risk 0.5% until you're back to be.

[jamesc]

That’s how I treat funded account (evaluation) get in and get out doesn’t always work obviously but I do risk more to gain more

[Tamim-XxXx-]

as long as it's a calculated risk, u can risk how much u want

[niallmoseley]

Yes i also have been finding the trading this week to be subpar so far, im only 6 months into my journey, so im not exactly sure why this is, but i have defintily noticed as well

[frankiethomas]

If this channel gets big pls don’t sell your soul bro there’s enough scumbags in the game already

[alextay]

Losing are just part of it..accept the fact..

[pedroaugbiffi]

Begin to risk 2% when you are break even or beyond break even on the funded, if you go negative risk 1%, if you unfortunately go to 5% negative on the funded, drop the risk to 0.5%. Please don't try to go for too high rr's I believe for your strategy rr is important to keep it simple and humble. Cheers lad

[shukiyasin]

In my opinion, stop trading because you keep missing opportunities for deals and this fear you have will not get you far.

[jobmo]

I just came across your videos and I feel your struggle, if you still not profitable hit me up I would love to help. I’ve been through all kinds of shit, but I am finally profitable and waiting fir a payout.

[gazh]

Bro you take to much watching and not trading. I’m down with discipline but man you’re not showing a trade in weeeks of videos. This is not a good trader or anyway to reach a million