It’s gambling. Once you get a taste of insane returns you chase it because it feels like easy money. But the risk involved for high fast returns is a coin toss sometimes.
The ones that learn risk management are always betting and not gambling. They decide the risk before the trade even happens,they have alarms set at levels where they are proven wrong and there is no second guessing about anything,you just execute your strategy.
this happened to me in my personal acc, made 30% in 2 months, overconfidence took me back down to 15%, readjusted myself and came back to making steady gains, the mental game becomes more important once uve got the trading itself down
25k funded account up $7,500 in a day by the time I got to pay out stage it was like 2 days later $3,000, similar experience glad I didn’t go past that but at a point you got to be satisfied that you don’t need to trade until the next calendar
@@georgebekmetjev434 the prop firm I used is now closed it was called funded talent You could pass all stages within a day or 2 I only recommend ftmo these days to avoid any funny business
If you would like to make 300 a day you would probably want a capital of 30000 already so you only risk 1 % of ur account but what you need to do is start making money with the account size you already have and keep adding on if you’re truly profitable you will make money
I have a very small account. Like 40 bucks. Which I grew from a couple of bucks. Lost the 40 this past bear trap. So started again with 10 bucks. When it got to 30 I moved it out except for 4 bucks. And building again. I know I am small time but still learning. And losing that first 40 hurt a lot. Control and risk management is hard but needed.
Same for my 3 funded accounts I was gain 4% but I didn’t withdraw until I loss the account and for now it’s hard for me to get funded account again I learn lesson the number one enemy is your self
Before we talk about sycologic the question is about the strategy he trade , the strategy maybe stop working? Or he broke the rules of it? What happened there? Thats the real question, after that we can go and check the "sycologic"
been there done that recently on my funded next account! was having like 5% and i was getting also the 15% profit share from the challange! i said to myself stop it now and i did for two days but the third i let tge EA open trades again and… in the end i ended up with 1%+ challange cost refund! 😭😭😭
It's not gambling , it's a matter of controlling your emotions when you're winning . The hardest part is knowing when to quit while you're ahead , take profits and call it a day .
Happened to me dude. I think I'm naturally self destructive. Had 2 months at 20+% in a row. Dumped in 5k thinking its easy. Lost 3k in the space of 3 weeks. I dare say my win rate of my strategy was the same... was just the buying and selling and the "intuition" and the rest of it that wrecked it. Is what it is. Part of the game. The market is a mirror, shows you your weaknesses real fast
I did this with crypto in 2021. LOST high 6 figures. All the way down to 32k. Sad story. I think about it all the time. If I would’ve just sold half. Live and learn.
Consistency in trading is a nearly impossible skill to master. It's like golf or poker. You can never perfect it, but you can become better at it than those around you, and that is how you win the game.
When i first started trading. I would panic sell the second it would drop 1 cent. Its tough on you psychologically. Now if i see a stock drop 30% i dont care, in fact i viy more...
I don't know how long you been doing it or how much money because it's all relative. I'm glad I was doubling and losing everything on a much smaller account than I have now. But the emotions where real because at that time, that amount of money was a lot to me. So I learned those lessons and emotions that at the time felt enormous. I'm just glad it started with thousands instead of tens of thousands. It's a learning experience and just because you get lucky, don't assume your smart and you'll be a lot better off. Sorry to ramble, but it's a lot like riding a motorcycle, when you first start your timid, but then you relax and even get confident. But once you survive that first crash, you learn how to act. You just have to survive that over confident time
By not being a greedy pig. If you hit a record month be wise enough to lock in the gains. Stick the the set up and wait for opportunity. Just cuz ur happy doesnt mean the market cares
People like that are not professional traders, they are just lucky randomly played it. Coz they don't understand the one simple fact, in trading greediness is another way of ruining your account. Period.
I had a friend that make from 1000$ to 10k in one month, and he also didn't withraw nothing and after 2 month he loose it all and he was sure that he had the problem like in this video "sycologic problem" when he let me check what happened i find thT his strategy is garbage and he had a "good month" and after that a couple bad months for this strategy ... so you get the point...
They make millions monthly off failed challenges. They do, however, need traders to make payouts regularly for trader interviews, reviews, legitimacy, etc. You have to think like an entrepreneur to understand how a successful business operates.
Realistically, if he’s risking 1% and making 1% every day it would take him less than 30 days to make 30k, this guy most likely has a few lucky trades and became overconfident. Be emotionless
It's not even self Destruction. Because he had no essence of construction to make the money in the first place. Everyone can get lucky. Especially in today's market dynamics. But he had no mindset that proved to be why he was up $30k. He was void of understanding how to build. So he essentially had nothing to destructed. He had a moment of luck, and the luck ran out.
Risk management is key withdraw TP out enjoy life get back on trading withdraw enjoy because greed gets you nothing a Balance on screen meaning nothing with out seeing assets watch car house something to show for it
Dont use the adrenaline rush you get from trading as a method to cope with ailments. Physiologically and psychologically. Example: after fixing the source of side pain, i became extremely profitable. Even suprised myself. Almost self doubted by using micros. But it was so. I am a sniper.
Its very simple. I grew up poor and understood that money has value. I threw 25k into my trading account. 25k is untouchable for me its only their so i can have unlimited day trades. Anything above is what i use. I risk 200 and pocket 400. I dont understand why people choose not to wducate themselves with money. The problem is that people believe money has no value and thats why they just let it go without knowing.
I disagree, the wins produce more dopamine. Thats why losing traders keep gambling their money, hoping to get the big win again. They're forever chasing that high
The owner himself said to withdraw 😂
😂😭
Am saying😅
😂😂😂😂he think we were born yesterday
Bro got a liquidity sweep on his profits
😂😂😂
😂😂
😂😂😂😂
I can relate to this. Never forget to pay yourself guys. Greed will take over and you'll lose all you've worked to gain.
!!!
Overconfidence is a KILLER to developing traders. The money isn't yours until you withdraw it. 😂
Had to learn the hardway myself slow and steady returns is the best way
My mentor always tells me "The more money you have, the smarter you get. Market makers love smart people"
U can’t control greed
facts...got me a few times
Weak mindset
@@marcoschnitzer9089facts
U can
We can 100%
Real gamblers know when to stop 😂
Real talk 😂
😅😂😅😂 it's not gambling 😭🤦🏼♂️
And real traders know 30% on an account in a month is poor risk management and account will get destroyed if traded that way for any amount of time
Idk, traders out here doing 60-100 percent in two days...its crazy lol@@Viper_0930
Facts
It’s gambling. Once you get a taste of insane returns you chase it because it feels like easy money. But the risk involved for high fast returns is a coin toss sometimes.
Please stick to your cards brother. You must not know a thing about trading, whether it’s gambling or trading.😂😂
@@user-kj1hg8gz2kseriously
@@user-kj1hg8gz2kI’m talking about day trading options if that went over your head. Not buying stocks in general
Stick to your slot machines rookie
The ones that learn risk management are always betting and not gambling. They decide the risk before the trade even happens,they have alarms set at levels where they are proven wrong and there is no second guessing about anything,you just execute your strategy.
“Withdraw the money” greatest lie ever lmfao
I wish he told us to withdraw before he shut the firm down and scammed everyone))
😂
Aint that the truth!
Woah what’s the story here??
Haha yeah, real standup guy for giving the other guy the heads up though.
Been there, 40k in AMC options profit, then 30k… 25.. 20.. 10… aaaand it’s gone.
Because amc was a pump and dump. You should’ve just taken your profits and ran when he had the chance.
Thats why i avarage 1% to 5% a month. The wins are low but sustainable. This thing of going too big will take you home too fast.
Discipline !!!
this happened to me in my personal acc, made 30% in 2 months, overconfidence took me back down to 15%, readjusted myself and came back to making steady gains, the mental game becomes more important once uve got the trading itself down
I think he means the opposite "please do NOT withdraw the money"...TFT...what a shame! 🤬
25k funded account up $7,500 in a day by the time I got to pay out stage it was like 2 days later $3,000, similar experience glad I didn’t go past that but at a point you got to be satisfied that you don’t need to trade until the next calendar
What form did you use. I’m trying to get in. Is it worth topstep and getting a funded account once u pass the challenge
@@georgebekmetjev434 the prop firm I used is now closed it was called funded talent
You could pass all stages within a day or 2
I only recommend ftmo these days to avoid any funny business
Proper stop loss controls your greed
PREACH,!
The facts don’t lie ^
You have to lose a large amount before you can eventually keep a large amount consistently
Trading is about gradual increase not flipping a tiny account into millions, forex is legit flipping is gambling.
Didn’t this “owner” shut down his “prop firm” and leave everyone holding the bag🤣🤣😭😭
Humbleness
I was that guy once, went from 3k to 103k back to 35k
I'm missing something in my set up. Would like to make 300.00 a day need help
If you would like to make 300 a day you would probably want a capital of 30000 already so you only risk 1 % of ur account but what you need to do is start making money with the account size you already have and keep adding on if you’re truly profitable you will make money
Lol everyone knows TFT is going down the drain withdraw while you can book mark this and come back to it
Dude.. what did you see?
？HOW DO YOU NOW IN ADVANNE？
Yeah it takes practise to deal with the greed. Hopefully the hurt from that will help in the future when he feels the greed kick in … worked for me 😂
Wow words of wisdom 👏
It’s the high u get from it !! If I hit 10k plus I don’t trade for a week I “paper” the next week to c what would happen
I have a very small account. Like 40 bucks. Which I grew from a couple of bucks. Lost the 40 this past bear trap. So started again with 10 bucks. When it got to 30 I moved it out except for 4 bucks. And building again.
I know I am small time but still learning. And losing that first 40 hurt a lot. Control and risk management is hard but needed.
Risk management is the most important part of trading
Same for my 3 funded accounts I was gain 4% but I didn’t withdraw until I loss the account and for now it’s hard for me to get funded account again I learn lesson the number one enemy is your self
Before we talk about sycologic the question is about the strategy he trade , the strategy maybe stop working? Or he broke the rules of it? What happened there? Thats the real question, after that we can go and check the "sycologic"
I get what you meant, and I'm not tryna be a dick because I had to learn English too. It's "psychological" brother.
Those are the same kind of people who claim trading is a scam. Also, the reason why some people call it gambling.
Bulls make money, bears make money, but pigs get slaughtered. I remember a 27k profit turning into a 17k profit in just one week. 😤
***K *U*, The Funded Trader is TERRIBLE.
The owner wasn’t going to pay him out anyway
withdrew 30k and..... he rejected the payout
Related to this sooo much 😂
The owner wanted to get paid ,😂
been there done that recently on my funded next account! was having like 5% and i was getting also the 15% profit share from the challange! i said to myself stop it now and i did for two days but the third i let tge EA open trades again and… in the end i ended up with 1%+ challange cost refund! 😭😭😭
A certain Kenny Rogers song comes to mind.....
I'm shocked he told him to withdraw. They want us to lose!
That’s Nothing. I made 100k on TSLA last year when it went to to 299 and did not withdraw my money until I lost 80 k !!!
If you’re running to tell anyone about how much you made, chances are it’s time to withdraw
It's not gambling , it's a matter of controlling your emotions when you're winning . The hardest part is knowing when to quit while you're ahead , take profits and call it a day .
Making 30% in a month is a sign you have no risk management and will blow up your account.
Happened to me dude. I think I'm naturally self destructive.
Had 2 months at 20+% in a row. Dumped in 5k thinking its easy. Lost 3k in the space of 3 weeks. I dare say my win rate of my strategy was the same... was just the buying and selling and the "intuition" and the rest of it that wrecked it. Is what it is. Part of the game.
The market is a mirror, shows you your weaknesses real fast
I did this with crypto in 2021. LOST high 6 figures. All the way down to 32k. Sad story. I think about it all the time. If I would’ve just sold half. Live and learn.
Consistency in trading is a nearly impossible skill to master. It's like golf or poker. You can never perfect it, but you can become better at it than those around you, and that is how you win the game.
You control it by stepping back and reassessing
worth watching this video
Take enough losses to understand the difference between keep going you can push yourself to do better and you’ve done enough work for the day.
It happens to us all. When we let that risk guard down. Hell, I went from +146% this year. Down to +108%.
Just about 40% poof
When i first started trading. I would panic sell the second it would drop 1 cent. Its tough on you psychologically. Now if i see a stock drop 30% i dont care, in fact i viy more...
You stop it when your profit is so large you want to run through a door & you hit the first back slide… never ride it out. 🤦🏼♀️
He wanted to be that one guy😊
Why would anyone not withdraw and pay themselves? They still have the full funded account, no?
correct
Great advice
Markets got hot because of MJ, made 150 percent profit. Everything I touch turned in gold only to become a turd after the rate hikes
Happening to me right now. The psychological warfare is insane
I don't know how long you been doing it or how much money because it's all relative. I'm glad I was doubling and losing everything on a much smaller account than I have now. But the emotions where real because at that time, that amount of money was a lot to me. So I learned those lessons and emotions that at the time felt enormous. I'm just glad it started with thousands instead of tens of thousands.
It's a learning experience and just because you get lucky, don't assume your smart and you'll be a lot better off.
Sorry to ramble, but it's a lot like riding a motorcycle, when you first start your timid, but then you relax and even get confident. But once you survive that first crash, you learn how to act. You just have to survive that over confident time
@@hostileaks4495 Currently I'm trying to get my footing so I can try again. It's been rough and no real way to get back into the game.
Happened to me. The feeling is crazy seeing 50 go to 700 in 1 day. Its too much really...the risk isnt worth it.
yall slipped his ass till he was down to 6k lol
Right
True I made 24k in a day and it just the hunger for more also made me lose a lot of it
By not being a greedy pig. If you hit a record month be wise enough to lock in the gains. Stick the the set up and wait for opportunity. Just cuz ur happy doesnt mean the market cares
Trading but using a gambler's approach
Well he is right, why do you think JP Morgan portfolio managers has to learn discipline and ethics
People like that are not professional traders, they are just lucky randomly played it. Coz they don't understand the one simple fact, in trading greediness is another way of ruining your account. Period.
Facts I was up 8K then blow the account. SMH 😩😩😩😩😩
I had a friend that make from 1000$ to 10k in one month, and he also didn't withraw nothing and after 2 month he loose it all and he was sure that he had the problem like in this video "sycologic problem" when he let me check what happened i find thT his strategy is garbage and he had a "good month" and after that a couple bad months for this strategy ... so you get the point...
Lost 50k the last week but I'm in a good headspace somehow. I don't know if that's good or bad. Guess I'll find out soon.
So you telling me the owner who relies on traders losing money, ask him to withdraw? Thats mega 🧢
They make millions monthly off failed challenges. They do, however, need traders to make payouts regularly for trader interviews, reviews, legitimacy, etc. You have to think like an entrepreneur to understand how a successful business operates.
Pay yourself first
Realistically, if he’s risking 1% and making 1% every day it would take him less than 30 days to make 30k, this guy most likely has a few lucky trades and became overconfident. Be emotionless
Turned 3k into 25k in a week, gave it all back the next week. 😢Been there.
It's not even self Destruction. Because he had no essence of construction to make the money in the first place.
Everyone can get lucky. Especially in today's market dynamics. But he had no mindset that proved to be why he was up $30k.
He was void of understanding how to build. So he essentially had nothing to destructed.
He had a moment of luck, and the luck ran out.
1 word…GREED!!
He got slipped to hell😂😂😂
😅😂
Risk management is key withdraw TP out enjoy life get back on trading withdraw enjoy because greed gets you nothing a Balance on screen meaning nothing with out seeing assets watch car house something to show for it
Same story...but i made 60k insted of 30k end up losing all. Imagin…
Dont use the adrenaline rush you get from trading as a method to cope with ailments. Physiologically and psychologically.
Example: after fixing the source of side pain, i became extremely profitable. Even suprised myself. Almost self doubted by using micros. But it was so. I am a sniper.
Better for this guy to pay his traders; it will not end up well
How much fund do you need to invest to make $2000k daily in one time trade?
It's a little easy with a $50k prop account but easier with a $100k account
Its very simple. I grew up poor and understood that money has value. I threw 25k into my trading account. 25k is untouchable for me its only their so i can have unlimited day trades. Anything above is what i use. I risk 200 and pocket 400. I dont understand why people choose not to wducate themselves with money. The problem is that people believe money has no value and thats why they just let it go without knowing.
Keep the winning streak alive with #HUGEWIN! More glory!"
This aged well.
Lol I did this mistake. Never again.
Fking company. I had 100k challenge account and they removed it. No one answers me back. I haven't even traded the account.
This shmuuck he funny !
Aaand it’s gone 🏎️🏎️
Learn from the losers!
Fuck , that hgapened to me with the same numbers, dammm
yea me too, just lost all of it within minutes
the market is rigged u should have told him
By not gambling
The owner robbed him 💀
Greed
A kid living home had a 100k portfolio. How tf is that possible
Cuz it was a funded account.
Easy all you need is skill. Not hard at all unless you’re new that’s if.
@@beam3036 the kid didn’t set any SL, he has no skill. The port is paper or this guy is lying
He’s a great manipulator, he exposes himself by talking about spreads and slippage. Demo environments don’t work 😂
ppl are making it work somehow
I like those fake stories
Learn to pay yourself first
Main reason it’s so hard to not self destruct is the dopamine hits the bran harder when you lose.
A fact has been proven on casino gamblers
I disagree, the wins produce more dopamine. Thats why losing traders keep gambling their money, hoping to get the big win again. They're forever chasing that high
This is a scamcompany
Yep, that's why they want him to withdraw so bad.