Why 99% Traders FAIL | Prop Firm Trading
In this eye-opening video, we delve deep into the world of proprietary (prop) trading and uncover the stark reality of why a staggering 99% of traders fail in their endeavors. Proprietary trading firms offer a unique opportunity for traders to access significant capital and resources, but the road to success is riddled with challenges.
*How to Identify Legitimate Prop Firms*: • Prop Firm Trading Scam...
Join us as we explore the common pitfalls, emotional hurdles, and misconceptions that often lead traders to failure. We'll discuss the critical role of mindset and psychology in prop trading and reveal strategies to overcome the odds and join the elite 1% who thrive in this competitive industry.
Whether you're an aspiring prop trader or simply curious about the hidden truths of prop firm trading, this video is a must-watch. Gain valuable insights, avoid the most common mistakes, and set yourself on the path to becoming a successful prop trader.
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*Risk Management Trading: Strategies for Success*: • Video
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Disclaimer - Not Financial Advice:
The content presented here, along with any downloadable resources accessible through this channel, is not intended to be considered or interpreted as financial advice. I am not a qualified attorney, accountant, or financial advisor, and I am not representing myself as such. The information provided on this channel should not be regarded as a replacement for personalized financial advice from a professional who is familiar with your specific circumstances.
While we have made diligent efforts to ensure the accuracy and usefulness of the information and resources available here, it is essential to understand that nothing on this channel should be seen as a suggestion to forego consulting with a financial expert regarding your unique situation. Always seek guidance from a qualified professional.
Furthermore, none of the content provided here should be construed as investment advice; it is solely intended for entertainment purposes. Please note that the included links may lead to affiliate commissions or referrals. As a participant in an affiliate network, we may receive compensation from partnered websites. The information in the video is accurate as of the posting date but may not remain accurate in the future.
Пікірлер: 81
great content , i hope you choose quality over quantity like this in your upcoming youtube journey
@theprofitsch
10 ай бұрын
Thank you very much. The reason we decided to start the channel was because of the quality of content on KZread. Most KZreadrs do it for the wrong reasons; well, we won't stop giving quality because it's the only way to truly help people.
Man you are talking to me.. I've blown over 6 accounts and all of them I was up at least 1% and after that it all just goes downhill from there.. no discipline, fomo, and not following my trading plan is what really gets me in trouble but paying for another challenge is much cheaper than losing money in options.
@theprofitsch
10 ай бұрын
You know the problem, now start working on a solution.
@anthonynava9916
12 күн бұрын
6?? those are rookie numbers, try 106 😂😂😂 I’ve never seen a payout
@nihargautam
5 күн бұрын
Same here😂@@anthonynava9916
@nondscript1751
3 күн бұрын
try blowing 180
@jonahware5396
2 күн бұрын
@@anthonynava9916 I finally got a payout back in April and I was close to another payout but I tried to build some extra money in the account and lost it all! Smh but got that 1st payout out the way
Great video thanks. Most of the big prop firms have now moved to unlimited trading days, which is good news !
@theprofitsch
10 ай бұрын
Yes, I saw on Twitter that FTMO now offer unlimited trading days, the content was already in production then and couldn't change it. Hopefully, we all get to make money, that's the most important thing.
Trading shouldn't be difficult. In light of this, I decided to trade with Trade The Pool Stock Pro Firm. Risk Management is the key.
@theprofitsch
9 ай бұрын
Risk Management is indeed key.
great video keep post such quality videos
Man I'm Down 4% After At Least Having Being Up 3% But A Reaction To News Today Took 1% More On My Stop Loss Because The Market Was Erratic, But I'm Still In The Game, This Is My First Prop Firm Account.
@theprofitsch
7 ай бұрын
It is about learning, learn from your winning and losing trades. And most importantly remember those lessons as you go again. And another important thing, the market could be erratic but you took the trade, you made that choice, everything sits with you.
@kingsley_the_supreme96
7 ай бұрын
@@theprofitsch I Hear You, Loud & Clear.
@theprofitsch
7 ай бұрын
All the best, brother.
@useless1
6 ай бұрын
I was up 14% and now at break even again after one month of trading, it's tough but its a game of probabilities and statistics. At least i was never under my capital, so maybe thats a good sign at least. I'm paying the broker though lol.
Its starting to because painfully obvious to me that trading is really 90% mental.
@theprofitsch
9 ай бұрын
It is!
great video keep them coming thank you 💪🙏
@theprofitsch
10 ай бұрын
Thank you.
this is a magnificent content thanks we love you and we appreciate
@theprofitsch
10 ай бұрын
Thank you very much.
Deserves a million subsribers.
Great one
Thanks Don A. S for the video, good information
@theprofitsch
2 ай бұрын
Thank you
Good content dude💪
@theprofitsch
10 ай бұрын
Appreciate it.
Amazing sir i Realy like your videos its helpfull thnks
@theprofitsch
10 ай бұрын
Glad it's helpful.
The5ers unlimited time rule altered my trading career as a whole.
@wisdomlotsu1891
8 ай бұрын
Can u throw my light
thnks dear bro i reaaly love this
@theprofitsch
10 ай бұрын
Thank you sir
Thanks alot sir am really impressed 👍
@theprofitsch
10 ай бұрын
So nice of you and thank you too.
I Blew Many Accounts Until.... >>>> kzread.info/dash/bejne/aaSGxraBaanApKg.html See 5 Practical Tips to Improve your trading psychology >>>> kzread.info/dash/bejne/gGagrZVqaKqxlaw.html Risk Management Trading: Strategies for Success >>>>> kzread.info/dash/bejne/Zmt3rbZxiLvJlLg.html SMC Trading Explained >>> kzread.info/dash/bejne/epiA2KWYYc6ndZs.html
Great video❤ Please 🙏 which prop firm is good to go? Also does synthetic get prop firm platform?
@theprofitsch
13 сағат бұрын
I personally use SabioTrade, use this link to get 20% off bit.ly/4ad3zuf I am not sure about synthetic prop firms.
What an excellent video. Your way of teaching is so impressive. I have a question, if someone clear both steps and receive a Real Account from the firm, Does the Firm impose any restriction or limit on profit earning i.e you can't earn more than 8 or 10 or 12% per month?
@theprofitsch
5 ай бұрын
No sir. There is no limitation.
@salmankaleem3252
5 ай бұрын
Thanks a lot my dear mentor for such an instant reply. Always be blessed. Ameen. @@theprofitsch
I'm doing it
@theprofitsch
10 ай бұрын
All the best.
@Cryptoinverstor_01
8 ай бұрын
Congrt in advance
even with unlimited now, the risk is the drawdown, 5% is small. I am doing right now FTMO, will tell how it went
@theprofitsch
10 ай бұрын
I would love to hear it. All the best.
The problem is that with funded next is that IP constraint.. We dnt have a static ip
@theprofitsch
10 ай бұрын
First time i am hearing this, didn't know it's a problem. Have you contacted them?
How did you create your trading plan?
@theprofitsch
10 ай бұрын
It was very well stated in the video.
Wow the person Talking on this video has a deep and great voice ,if i had that voice i would have millions of girlfriends 😊😂😊 But on a serious note i love this video amd i needed to hear this as a new propfirm trader...thanks for great content ❤❤❤ i have subscribed
@theprofitsch
6 ай бұрын
Thank you so much 😀
Sir,If you were to choose one forex prop firm(unlimited time, 2 steps challenge,low profit target,decent daily & total stop out percentage,no software to make traders fail,no smoke/mirrors/cheating/ tricks to knock traders out &fail)--which firm would you recommend to YOUR OWN FAMILY?--we seek your wisdom.Thank you.
@theprofitsch
4 ай бұрын
I don't think I want to publicly give a prop firm a vote of confidence. You should check out axi-select if you can afford to trade with $500. With them, you don't need to buy an account.
Is there any payment to join the challenge?
@theprofitsch
10 ай бұрын
There is a free monthly challenge that is free and if you do well, you get cash prizes. If you want one you can trade immediately, it's not free.
I'm trading with True Forex Funds, I passed the challenge successfully and am now a FUNDED TREDER!!!😎
@theprofitsch
5 ай бұрын
Congratulations
❤
🤩🤩🤩🤩🤩🤗
not 3 % but 30% Reach first profit share
@theprofitsch
10 ай бұрын
Did we miss something?
@freedomfinancial
10 ай бұрын
@@theprofitsch yes, myforexfunds said that 30% of traders who get funded get to their first payout, not 3% as in the video. So the overall result is around 80 people in 1000 , so 92% traders fail
@theprofitsch
9 ай бұрын
No my friend, it is 3%. We didn't make a mistake. Please check our recent community post.
Disclaimer - Not Financial Advice.. Of course it is as with the other so called trading gurus proliferating in youtube space. If these guys really have that magic formula to make money in the market, should they be rich by now and not making videos for monetization?
@theprofitsch
8 ай бұрын
I am not rich, because i don't have any magic formula.
@Hyperion1722
8 ай бұрын
@@theprofitsch Just I have thought, knowing how they fail but don't know the way to success. So pathetic.
10% x 24% x 3% = 0.072% This means only 7 people in 10,000 traders.🤣🤣🤣
@theprofitsch
22 күн бұрын
Exactly!!! And that's the reality of trading.
it's never about stop loss only. 99% of trading strategies are not profitable
@theprofitsch
5 ай бұрын
It is not really about the strategies, that is what you need to know.
And those 8 left are made to lose their accounts via shady tricks used by mff at the other end. But the statistics do not say a word about it. 😂
@theprofitsch
9 ай бұрын
Well, we might never know the truth.