The Path to $20,000/Month as a Forex Trader (2024)

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  • Опубликовано: 14 июн 2024
  • In this video, I take you through the whole process from making your first $1,000 in the markets to scaling up to $50,000+ per month in the markets.
    You can learn my trading strategy here: www.lynktrading.com/
    My other platforms:
    Instagram: / willssforex
    Twitter: / willssfx
    Mentorship: www.lynktrading.com/
    Timestamps:
    00:00 Intro
    02:50 Why $20k Per Month?
    07:23 Phase 1 - $0-$1k Per Month
    14:21 Phase 2 - $1k-$10k Per Month
    22:03 Phase 3 - $10k-$50k Per Month
    32:15 Phase 4 - Passive Income
    37:00 Phase 5 - Setup a Business

Комментарии • 55

  • @pointlesskid7779
    @pointlesskid7779 Месяц назад +43

    Trading is a one person business which fits my personality and circumstances. Scaling is probably the most important aspect of it. Introverted people will understand how great an opportunity it is to trade regardless of how much capital you start.

    • @peterchin7796
      @peterchin7796 Месяц назад +2

      yeah, another way of looking at this is, as we enter an era where starting a business is getting costlier than ever, getting into trading seems like a viable path

  • @igetmoneyyyyyyyyy
    @igetmoneyyyyyyyyy Месяц назад +2

    Thanks a lot the valuable information again Will!

  • @4xkid276
    @4xkid276 16 дней назад

    Excellent video

  • @lightkirsche
    @lightkirsche Месяц назад +4

    spot on advice

  • @lordverbik1589
    @lordverbik1589 Месяц назад +1

    thanks for this. all the businessmen think alike 👍

  • @kutoanemohau
    @kutoanemohau Месяц назад +1

    Thank u for sharing such valuable information. Can u also plz bring back live trading 🙏🏽🙏🏽🙏🏽

  • @israelcanrom8353
    @israelcanrom8353 Месяц назад +1

    Thanks bro ❤

  • @samjarea
    @samjarea Месяц назад +5

    Please do a video on tax for traders

  • @viletamac2382
    @viletamac2382 Месяц назад +3

    do you only trades just GBP USD? or do you still dabble with gold

  • @AMANSharma-cl4cr
    @AMANSharma-cl4cr 13 дней назад

    thnxxxx

  • @scorpion32
    @scorpion32 Месяц назад

    Which trading broker do you recommend?

  • @rickwilkinson1929
    @rickwilkinson1929 Месяц назад

    I thought spread betting in the UK was tax exempt, it's different with prop firms?

  • @NafisAliKhan
    @NafisAliKhan Месяц назад +1

    I just want to know how much tax do you pay in your trading profit?

  • @User-po5yt
    @User-po5yt Месяц назад

    15:12 do you still recommend trading just with one firm? especially during these situations

  • @vlad__idk
    @vlad__idk Месяц назад +2

    can you make a video of: How to Actually become profitable trader, what we have to do, to become profitable
    It is not clear what we have to do in order to become profitable

  • @mickygarcia8423
    @mickygarcia8423 Месяц назад +4

    what’s broker do you use for a personal account

    • @Tamim-XxXx-
      @Tamim-XxXx- Месяц назад

      don't ask guru's.. searsh by urself what's best for u . if u re not in the U.S , try fusion markets , i use it personally.. or ic markets..

  • @relaxcentral3219
    @relaxcentral3219 Месяц назад +2

    does he have 5 200k accounts?

  • @AraKerbabian
    @AraKerbabian Месяц назад +2

    Keep up the good work my man ✌🏼

  • @blindhippy
    @blindhippy 17 дней назад

    I am only profitable when I use multiple accounts one accounts there is too much pressure have a swing account and day trading account as minimal and you can have one that accumulates the long term trend and the other you can take trades in between

  • @EmmanuelAyeniTV
    @EmmanuelAyeniTV Месяц назад +1

    Thanks for sharing

  • @denisgodbless3097
    @denisgodbless3097 Месяц назад +2

    Please do you think some propfirms are actually A booking some of theirs traders?

    • @denisgodbless3097
      @denisgodbless3097 Месяц назад +1

      Would like to hear your opinion on that

    • @swolty6702
      @swolty6702 Месяц назад +5

      Doesn’t really matter, just milk them

    • @ovooghene891
      @ovooghene891 Месяц назад +4

      Just milk them bro

  • @mananddog9884
    @mananddog9884 Месяц назад

    Why did you say you wouldn’t recommend people to start trading? When it has served you so well?

  • @halkins1
    @halkins1 Месяц назад +8

    if you are a UK resident, how you are managing your (HIGH) taxes. A limited company is an option?

    • @connorl7432
      @connorl7432 Месяц назад +9

      I live in Scotland and the taxes are soo high it’s unbelievable. You’re talking 48% for anything above £125,000. I couldn’t live with myself giving half my money away, when I get to those numbers I’m moving out of this country as soon as possible. It’s a joke

    • @rich-kid
      @rich-kid Месяц назад

      Im also in the UK it's crazy out here but i have seen that with a LTD company it goes down to around 30% tax at £120k per year ​@connorl7432

  • @envymesev
    @envymesev Месяц назад +1

    Would you recommend FTMO as a prop firm that will payout more then 900k?

    • @chrisspire
      @chrisspire Месяц назад

      What is the sense of this question?

    • @envymesev
      @envymesev Месяц назад

      @@chrisspire Will they actually pay me that ammount or is there a limit to each person how much money they can get payed out from FTMO

  • @jasonplummer8489
    @jasonplummer8489 Месяц назад +1

    Reality check! Nice one on the vid

  • @Adwafx
    @Adwafx Месяц назад +3

    the fifth one

  • @middlesbrough123
    @middlesbrough123 Месяц назад +1

    Which do you think is the better trade copier now ?

    • @WillAldridge
      @WillAldridge  Месяц назад +4

      Traders connect are pretty good

    • @pointlesskid7779
      @pointlesskid7779 Месяц назад +1

      Using multiterminal in MT4 would be good also. If you can't bear to see big numbers fluctuating then you can divide that to multiple accounts ex. 10K USD / 10 accounts for 1K ea. It will mirror your trades on those accounts.

  • @BrunoGarcia-ih1kk
    @BrunoGarcia-ih1kk Месяц назад +2

    4:57 pressure makes diamonds

  • @johnstranger9886
    @johnstranger9886 Месяц назад +17

    again with the long chit-chats with camera videos?

    • @43VA89
      @43VA89 Месяц назад

      thats the trading videos is nowadays. Generic TA > ICT > then all videos about mental because their mechanical trading style doesnt always win but they still need content..

    • @igetmoneyyyyyyyyy
      @igetmoneyyyyyyyyy Месяц назад +3

      I actually enjoy these videos... It actually helped a lot with my psychology

  • @Bolleta2
    @Bolleta2 Месяц назад +3

    First!

  • @ReeveNNNNNNNNN
    @ReeveNNNNNNNNN Месяц назад +3

    Third!!!!

  • @Abdal252
    @Abdal252 Месяц назад +2

    In my country 0% tax😂

  • @666jjdemon
    @666jjdemon Месяц назад +1

    this is just common sense tips

  • @shahsayid4840
    @shahsayid4840 Месяц назад +2

    second!

  • @PJSinnott
    @PJSinnott Месяц назад +3

    Fourth

  • @mihirsurvase8046
    @mihirsurvase8046 Месяц назад +2

    sixth

  • @rozitisdavis
    @rozitisdavis Месяц назад

    Answer to video title is easy - have a 300k trading accaunt.

  • @donte7042
    @donte7042 Месяц назад +1

    Bro look like a timid serial killer