The only RISK MANAGEMENT for Prop Firms video you need
HTML-код
- Опубликовано: 8 фев 2025
- 🥷 Join the waitlist: join.thesimple...
👉 Get this board for FREE: join.thesimple...
👉 Free Telegram: kimmel.trade/T...
Prop Firms I am funded with
🟣 FundedNext: kimmel.trade/f...
🔷 FTMO - kimmel.trade/ftmo
🔮 My Funded Futures: kimmel.trade/M...
🔮 Apex Trader Funding: kimmel.trade/Apex
📔 Tradezella Trading Journal: kimmel.trade/T...
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.
The links above are affiliate links and help me reinvest in the channel and continue bringing to you free content.
#ForexTrading #ForexJourney #ForexTrader
How to PASS PROP FIRMS with 100% PASS RATE (FORMULA)
The only RISK MANAGEMENT for Prop Firms video you need
Very helpful. I'm buying a cheap $5000 account and test this out. I'll use the Normal approach, 0.5% - 1% risk per trade. Wish me luck guys!🏁
Good luck
@@Vsionnerry Thanks!
You need a strategy that works also otherwise this wont matter.
Wtf there are demo accounts on ftmo
Good luck
i still remember ur old risk management video it was like 30 mins long but it was huge value, i recommend everyone to watch it
Thank you! Yeah!! I put so much time into that one!
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
Thanks , from my demo challenges 0.5%-1.5% worked for me , I've passed in 3 days 🏁
🏁What i am using right now is: Just 1% (which actually fits your "normal" formular) passed stage 1 with that. Now in stage 2 i will keep 1% but if i get to 50% of the max DD which is -5% (10% max DD) i reduce the risk also to 50% = 0.5% risk for me until i am back to breakeven on the acc, at that point i go back to 1% risk 🏁
Wonderful strategy 🎉
For example, if you have $5000 account, how match money do you allowed to spend for every trade? Can you buy 10 shears of TSLA for $4000 per trade, or it's too much? I don't now haw to calculate. Please help me to understand.
Normal approach for me , 2% - 2.5% risk per trade. great video.🏁
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Haw calculate that? I you have $5000 account, how mach money do you spend for each trade?
@@svetoslavstamatov4435 5000 x 2% = 100
soo true, I risk 0.20% per trade due to this I take 4 Months to pass Phase 1 of 10K Account. Now I Understand how I Change my risk Approach acc. to equity curve. thanks Kimmel🏁🏁
You have changed my break even by risk management 😊😊❤
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Your content has really levelled up... Cheers best wishes for future
facts
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Thanks for this man. I went super aggressive with my first funding challenge and passed it first try in just 4 days. I knew I had to limit my risk going forward to my first payout and was unsure about how to do it.
You need a good strategy, be patient and only take the best setups and not over trade.
🏁 I use between 0.25-1 percent risk. 1% is my max. When I go over that amount, I tend to blow my challenges.
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
The normal is the most reasonable option at any time. 0.5% - 1% puts enough buffer.
If I can add one thing here, it is once an account is below the starting balance, risk 0.5% then when BE or above the balance, you can risk 1% again and it will still make sense.
Well done giving explanation and suggestions. A lot will benefit from it kimmel 🏁
Great video. I needed to hear I need to risk more. I usually risk too little
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
🏁 I risk low at key levels, but I will increase my risk to 1%. When im in a trade i make sure to take some profits. I go for $5k to 25k accounts until I prove I can trade with a bigger account. I usually trade in the mornings, but I trade in the evenings if I see a key level has been hit.
🏁 thanks for the video, I was going with the normal approach 0.5-1% until now and that's how I'll do it from now on, it seems to be the best for me
This is the best risk management video i have ever seen. thank you for the video
Great Advice! Thanks 😀
Thanks for the video!
I'll be going for the normal risk management approach. 🏁
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
really great video man, great way of gaming the system
I needed this. Prayed before I could purchase a challenge, God brought me here
damn beautifull!
Did you clear the chllanege?
Thank you for sharing. I plan to use the aggressive option to pass a challenge.
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best 🏁🏁
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Woah, I realized I am a conservative risking 0.3% per trade and I am already on my 3rd month trading FTMO Phase 1.. Lol. When I checked my journal, I was not losing more than 4 in a row so I might try this normal approach of 0.5% and 1% until I get to breakeven
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
I'll be using a normal risk managment approach with 0.5%-1% risk per trade, since I have never made money in the markets before. 🏁
Exceptional content. I think this is a piece that many traders are missing. I know I personally always go for the largest accounts and I see now why this is a mistake. Thank you Kimmel.
It's a beautiful approach
🏁 i was thinking of trying a funded account challange and you made this video at the right time. I was thinking of 1% per trade and as per your suggestion i might just go ahead with it. Thanks alot for this valuable video. Keep up the good work.🎉
Great stuff as always!
Normal approach seems suitable for my style tbh. But I have never seen this approach as per week. I always used 1-2% risk per trade when I am in profit and 0.5% when I am in loss. But this weekly trades formula seems more efficient. Thanks for the video 🏁
🏁 Normal risk my criteria, thank you for the very informative video
New sub here due to the super high quality content Kimmel is producing
Risk management once you are consistently profitable is one of the 3 pillars most people will never realize and he is giving it all away for free!
Please clarify for those of us who do not know .. is the 1% from the drawdown or total account size ?
Meaning 1% of max drawdown to risk or 1% of total account size ?
Thank you for clarifying
🏁 1% per trade
Kimel is bursting my brain ... I take only 1 to 2 trades per week.. and I'v been profitable so I'm thinking of using 2% per trade ... I love you kimel from 🇳🇬
Please which prop firm challenge did you take, have there been payouts?
I'm seriously considering taking up one.
do you know you add value... thank you so much....
Great vid bud
Was very helpful ❤
Normal risk management is the raisonnable 🏁🏁
Doesn't apply to futures props. The risk percentage has to be based off your max drawdown. Not the account size. More like 10% of drawdown per trade.
Normal formula with a risk management of 0.5% and half every time I loss 2 trades until I recover half of what I lost.🏁
🏁 Going to be on the normal route, risking 1% per trade, to try achieve first funding and pay out. Amazing video kimmel thank you
Take SL to 50 % trailing as soon as trade goes into your profit area that way you can take 2 SL in the cost of one 🏁 ( it depends on your strategy also ) 🏁🏁
Normal risk management 1% on the challenges till I improve. Great video 🏁 Thanks
Thanks dude ... imma try it on my futures prop firm 😅
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Will surely be going with the normal path, with the 5k or 10k account am going to win.
And surely sticking to the % I get from the formula 🏁
Brother kimmel is making trading simple, one video at a time 🏁
Thanks mate
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best for my trading style🏁🏁
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Thanks for the video. Very helpful. I'll go for the Normal approach, 0.5% - 1% risk per trade. 🏁
we heard u
did you get funded?
Videos are on fire 🔥lately, material being shared is top quality 👌. Muito Obrigado.
Thanks for the explanation ... For me I will go with the normal approach 0.5%-1% 🏁
Percentage risk = stoploss, not a good idea. Either it's too small that is guaranteed loss, or too large which means too small profit. Instead, learn how to scale in and out depending on how the trade develops. Notice that very few professionals use stoploss, they hedge their risk instead.
I'm aggressive way to pass in challenge, but in funded account i'm normal way... sometimes aggressive too...🏁
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Normal risk management (0.5%) is ideal for me.
🏁 Agressive, with smaller challenges
I passed phase 1 as normal trader and went to 4months of lossing streaks 😢but haven't failed yet bounced from -8% DD to -4% now
Man 10s of thousands are enough money for most of us to prove ourselves and fly like kings from there on...
I will definitely use the "normal" route. I have just passed my first challenge(10k) after back testing and forward testing for 6 longgggg hears! Love the formula!🏁
6 months?...been doing it for nearly 2 years
You should try out Humble Funding, they allow up to 25 PA’s and you can request higher payouts, they also have the lowest profit targets ive seen.
Are you blind he said 6 years
I will use normal risk management on my prop firm challenges 🏁
Very much appreciated! I'm not profitable, yet, and still only on demo/paper accounts. But I know that "normal" would be the way for me regardless. 1% max! 🏁
🏁 Normal at the moment but, planning to try other 2 risk management in the future... let see how I feel on each one :)🏁
I just go for 0.3-0.5% because Iam up of 5.7% in P1 actually. I don’t want to go back to 4% etc. So it’s more easy for me to hit a Los of 0.5 or 0.3 %
🏁 I'll be using the normal approach. Thanks for the advice
🏁the 'normal' risk management 🙌🏁
🏁Aggressive approach for me since i get very few trades each week.
🏁I would use the normal risk management as I am a normal trader with normal stats. 🏁
Good approach
AMAAAAAAAAAAAAAAAAAAAAAAZINGGGGGGGGGGGGGG!!!!
🏁 i will be using normal risk management from now it perfectly suits me
🏁I’m from sa so conversion rate makes challenges a bit pricey so I’m using the NORMAL risk management on a $6k acc.I got this.
Very informative, thanks man
Thank you for sharing; it is very informative!! I will try a 5k account with the normal strategy; it suits me. 🏁
Perfect to frame my trading journey 🏁1%
🏁 definitely going for the normal one 😎
The normal risk 🏁will work for me thanks a lot.
Thanks for this video man
🏁 Surprisingly, I'm using the normal approach right now. 0.5% - 1% per trade. Managed to claw back from -2% drawdown to +2% on my current evaluation. That and sticking to one strategy also helped.
Traders who have been losing for years straight Rn: 👁️👄👁️
😂
That's why it starts with if you're not profitable focus on being profitable 🙂
the normal one for sure 🏁
Translating this to futures firms or firms that have different dd levels - would you say it another way that aggressive gives you 4Ls in a row at starting balance to fail (so in other words DD level to failure divided by four trades equals your risk) and normal is 8-20 trades to failure from starting balance? I think you are basing this on FTMO’s 10% dd and the firms I use have much less dd. Pretty sure that would be the conversion though 🤔 someone please fill me in if that’s incorrect.
Thank you for another excellent video.
Thx man I’m I get payout just because of your videos ❤
Great analysis. Am trying 1% per trade but divided by 2. So i will have two positions of 0.5% each🏁
This means that if you have 10K acc, two positions for 0,5% is a by $50 each?
Remember tho in a 200000 account they just allow you to lose 10% of it which is 20000 this mean you are actually better to just focuse on having 20000 even after passing that challenge they also ask you to get almost 13% win for them which is perfect if you do it but its easier to lose that 10%
Isn't FTMO has a 1% hidden rule that if you risk more than 1% they won't allow you to have an funded account as it seems to be a one lucky trade risk?
🏁 Normal does not make money, so I'll go with the aggressive one.
Very powerful 🔥🙏🏽
🏁I'll go for the Normal approach, 0.5% - 1% risk per trade on the 10k account
Agradecido pelo diagrama. fiquei agora a conhecer o teu canal não sabia que és Português 👍
🏁will go with the normal approach
Thanks for the analysis! 🔍 Need some advice: 🙏 I only have these words 🤔. (behave today finger ski upon boy assault summer exhaust beauty stereo over). I’d be grateful for some help. 🙌
🏁Normal 1% / Trade
🏁1% per trade. Im still learning
So how do prop firms make money?
You're the best
thanks much am on my way to purchase FTMO account and i have this video helpfull thanks much
I would go for the Normal approach, 0.5% - 1% risk per trade as I see this is what suits me best for my trading style
Whats the difference apart from volume from trading a set percentage of 100k account compared to a 200k account when the risk is still the same percent ?
Appreciate it for publishing this! Looking for guidance: My wallet on OKX contains some Tether USDT, and I know the SEED: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. Could you suggest how should I go about moving them to Coinbase Exchange?
normal
you have to do some formula for thw swing traders, who take also 1 trade for week
🏁 NORMAL RISK MANAGEMENT 🏁 Love ur vids btw Kimmel
🏁 The "Normal One" like Jürgen Klopp said 😅