Step by Step How To Pass a Prop Firm Challenge

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  • Опубликовано: 20 окт 2024

Комментарии • 20

  • @consciousdaytrader
    @consciousdaytrader  5 месяцев назад +10

    A correction on the calculation.:
    I will be using the following
    $30 per day = $150 per week.
    Minimum time to pass Challenge = 13 weeks
    3 months and not 2 months like I suggest in the video 🏁

  • @kaisan24
    @kaisan24 5 месяцев назад +1

    This will be so interesting to see this journey materialise. Exciting times. Would recommend the Vanguard for the whole deal on focussing on the trading mindset along to finding your own successful strategy. Look forward to meeting those who are ready to take the next step! Happy trading for the next three months. 😎

  • @claudiopungo3167
    @claudiopungo3167 3 месяца назад +1

    hey bro , after passing both phases or after the payout . Did you have to pass an interview with the company?

  • @notyourtojo
    @notyourtojo 5 месяцев назад +1

    can u explain this in 5K account please
    how much profit target per day?

  • @MiroslavCeprnjic
    @MiroslavCeprnjic 5 месяцев назад +2

    This will be interesting content . Thanks

  • @cman5461
    @cman5461 2 месяца назад +1

    This hyper growth plan isn’t a logical decision. You need to make near 400% to make a profit of $3200. If you compare to high stakes 100k, and made same returns you would have had a profit of $6100, and with smaller starting fees. Just not seeing any incentives to take this, unless I’m missing something?

  • @paulfinn8450
    @paulfinn8450 5 месяцев назад +2

    💯🍷

  • @stephencoombes5415
    @stephencoombes5415 5 месяцев назад +1

    Well done for pointing out that the effective acc size is only 1200
    However, the maths is off and nowhere do you point out that you need to make $2000 profit before you lose $1200 but you assume the target is $1200. I think you should correct this in the next video.
    Turning 1200 into 3,200 means making a 167% profit on your capital. Doing so in 3 months is equivalent to 668%/year. Any financial institution would pay you a fortune if you could make them 25%/year. Suggesting traders can outperform the professionals to such an extent is not helpful unless you point this out too.
    I am not having a go at you and I appreciate your efforts to help people but let's keep it real.

    • @consciousdaytrader
      @consciousdaytrader  5 месяцев назад +2

      Hi Stephen, appreciate the comment and feedback. Everything you say above is correct. The only difference is that institutional traders never try and complete challenges. If they did the % would be a lot different. Same with my trading account the bigger they get the less risk I need to apply to make the same or more money. The key with the challenge is to apply enough risk that you are not waiting years to get your account but at the same time your risk is well managed. I can only speak of what has worked form me in the past and I will be showing that process. Obviously this approach won’t connect with everyone but at least you get an example from what has worked in the past and I am actually showing you the process live with a new account. Again I appreciate the comment 🙏

  • @ruwanbuddhiseneviratne9881
    @ruwanbuddhiseneviratne9881 5 месяцев назад +2

    Please don’t waste your time and money on prop firms.

  • @MicroCapTrader
    @MicroCapTrader 5 месяцев назад +1

    Who is editing your videos? The effects are so random, doesn't look professional. Better stop this type of editing :D

    • @paulfinn8450
      @paulfinn8450 5 месяцев назад

      Would you rather pretty lights or facts?

    • @consciousdaytrader
      @consciousdaytrader  5 месяцев назад

      Hi Microcap, appreciate the feedback. Hopefully,
      it wasn't too distracting for you and you got some value out of this :) All a bit of fun

    • @jaygee5189
      @jaygee5189 5 месяцев назад +1

      it was good

    • @Williamturner37
      @Williamturner37 5 месяцев назад

      I think it looks great tbh! Puts more emphasis on the key points Yiannis is making

    • @sibusisonkwanyana3265
      @sibusisonkwanyana3265 2 месяца назад

      Nah, the editing is on-point👌💯🔥