Part 2: ruclips.net/video/r7g9gAXlJeY/видео.html Thank you for watching and listening! This video isn’t meant to be a blanket suggestion to stop trading evals-it’s just my perspective based on my experiences. I truly enjoy friendly discussions, different perspectives, and opinions. If you agree or disagree, I’d love to hear your thoughts, especially on my point about how evals only provide highly efficient products (indices, commodities, and currencies). My decision to move away from them is based on the fact that individual stocks often have fresh, trackable catalysts and provide clearer volume and order flow, creating more day-to-day opportunities to exploit inefficiencies. Currencies and indices often lack significant daily catalysts, relying more on macro events to drive price action. Additionally, their order flow is heavily dominated by algorithms, making it less actionable for identifying meaningful moves. For more on stocks vs. futures vs. forex, check out [this video](ruclips.net/video/SSetmEzmooU/видео.html). Some of you might bring up the PDT rule, but many traders have started under PDT and still found success by adapting their approach. At the end of the day, this is just my perspective-what’s most important is finding what works best for you and aligns with your trading business goals. Let me know what you think!
I believe this is most peoples sentiments when trading props. Especially with all the chaos that abdullah mentioned in the video. Metatrader issues, payout denial, the business model of the prop space, etc.
@@TexasSmooth199%. Even if you're very successful with them, you've got to opt out at some point. On the other hand, if you're not successful , then most likely you're an unprofitable trader yourself, doesn't matter the market.
100% agree and i glad to see more of us are becoming aware of this practice. The PF business model is not set up for you to prosper long term. Great presentation, I will be forwarding this to my whole community
You have made good points but this all still balls down to one thing can a person trade profitably or not. Prop firms actually taught me to be better because when i had a cash account i was just doing what ever with no rules. I had 600k funding with tft i was funded for 10 months then they went out of business. I made 70k in payouts. I put up 4k in in challenges made huge return. You have to beat them at there own game but sadly only 5% or less of traders are profitable
You’re proving his point. They went out of business. This is done on purpose. If folks are as good as they say they are, allow a lender to lend. Like your bank, and use the capital to trade under your business. That’s what I did. Paid the bank back in 3 months.
@@ewhite41 I like your point but I certainly think you get more leverage with prop firms than a loan from a bank, yes there are rules in prop firms but I think anyone who is consistently profitable can follow them.
@@abdullahrasheed I also found the information to be highly valuable. Thank you Abdullah!! Personally I would like to learn what it is specifically that takes a trader from being a 6 or 7 figure trader to an 8 or 9 figure trader.
This makes sense on higher times frames you like to trade but if you trade lower time frames like the 5 or 15 minute you can find opportunities every day in the futures markets. But I agree about prop firms!!
Great point! Lower timeframes like the 5 or 15 min can show opportunities, especially in futures. But these setups rely on fleeting inefficiencies, and the competition from HFTs and institutions are intense in the futures space making it hard for scalpers to find consistency. It may feel as if you have an eroding edge or you end up break-even over the year because of the increasing presence of algos. I'm curious to hear how long you've been trading the 5 and 15min consistently and if you have any challenges, how frequent you trade, etc.
I trade futures too, but even on lower time frame you're going to find better opportunities if you can pick the right stocks and trade them instead. Futures is just more accessible with less $$
@@abdullahrasheed 5 and 15 min is great for forex supply and demand, literally highly consistent. I was also noticing S&D traders who are trading futures now are taking less S&D set ups so what you are aying makes sense. I felt like the set ups occur less on futures
no disrespect to any traders and I have been trading 17 years NAS100 only and i have said before trade your own account regardless of the size you can grow it ,i have seen just about all the props and to me there nothing but trap houses!!
Thats the only instrument I like. Ive moved now from Forex to Futures, passed a few challenges with future prop firms but lost them soon after by not reducing my risk per trade as soon as I got funded. Im a scalper 1-2 min TF. Never been attracted to Stocks but watching him talking, I might give it another chance.
Hey brother don’t mean to ask any personal questions but are you able to live comfortably through your trading ? I really want to make this my career but my parents tell me I won’t be able to support and fund a comfortable lifestyle doing this
@dylanlopez7901 you absolutely can. But it shouldn't be your absolute priority. This should come second. Use the first plan to generate safely some capital, allowing you to experiment with the market through trial and error. Only then, once you fully understand what you're doing, should you scale things up.
Love the vid! My 2 cents: Everyone should aim to trade their own account. I started trading about 8 years ago and while prop firms are an amazing way to start, they cause you to think of 'RTH" far too much. Every single siz figure trade I've made as well as my large trades in general were swing trades - which means you need full margin and patience. Prop firms aren't really designed to let you do that. That being said - I still trade futures, but I also trade equity options, etc! Here's to 2025!
I have a question for you brother, while you are here. Using a casino analogy. A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition. In the context of futures or equities, do you think there are situations where the market behaves more like a slot machine than poker?
@@abdullahrasheed I'm auction market trader meaning I really just trade using volume profile. The reason that matters is this - all trading is poker from where I sit. I have a set of hands I look to play and if that setup doesn't exist, I do nothing. In my 8 years or so of trading I don't see that equities or futures are any better than the other, hey are just different vehicles entirely , not to mention the product you change on either will determine if you get linear or asymmetric returns. I don't think the market ever behaves like a slot machine though, when you trading plays you are always think in probabilities. When you get a good hand, you lean in!
Thank you for your video. As a person who initially traded options from my own account and did the same when I transitioned to futures trading, I have always struggled with the idea of prop firms. Recently. I purchased a few prop firms on Black Friday and have struggled because of the rules. I don't trade that way. I also don't trade daily which I am seeing is a requirement for the prop firm payout. I passed my account but can't seem to get the consistency down to even get a payout from the money I made. I shouldn't have to limit my profits. But like you said, it's all by design. The time I spent gaining $3K to pass could have been in my own account. I am going back to using my own account in Jan 2025.
The rules are simple on props, just stay within their boundaries, get you payouts, fund your own account and trade however you want to trade. You can trade both your personal account and your prop account, it's not rocket science. Sounds like your issue might be greed.
I was reflecting on this exact same thing just couple of days ago and i came to realize how much it has affected my trading only to stumble on your video today that truly explains it all. All I am gonna say is God bless you brother. Really can't wait for what is to come year 2025. We taking over!!!!!!💯💯
i definitely recommend learning to trade stock options long term.Especially selling options! The wheel strategy for example can literally print u consistent income.
i personally think the wheel sucks. its way too capital intensive to sell puts and risk being assigned stock. i find way more peace of mind to split my accounts between intraday trades (brokerage #1), swing trades (brokerage #2), and position trades (IRA). to each their own, though. its all about your personality and what suits you personally.
Great job akhi. I do not completely trust propfirms because they all have a business model which is in their favor but at the same time I understand that I can use them to fund my own account and not rely upon them.
I'm not saying that everyone should abandon eval firms. Stocks are amazing in comparison to ther current products that are offered. That's my main point. If you trade eval-firms, find the most reliable firms and stick with them.
My goal is to trade with my own money in a real broker, but to do that, you have to have a fairly large capital for it to pay off. That's why I'm trading props right now... But my journey is on and one day I will reach my goal. Thx Rasheed for your tips, I am one of your students and it has helped me a lot in my journey.
Your point of view is valid, however, I would suggest that after some withdrawal ,you should consider establishing your personal account and further develop it in a personal capacity.
I completely agree. As one who came into trading via forex then moved to indices, on a day-to-day basis, there are far more high EV high rr opportunities trading stocks, AND there are so many to choose from that the argument that stocks are too expensive to trade holds no water. Thank you for another common sense breakdown.
Abdullah for this one you get it very right, much align with my thought and believe on market, Stocks beat All Hands down. this the reason i once criticised you not to promote Prop firms or SMC and inner circle trader Nonsense. Stocks gives more opportunities above all Assets. Good luck my brother
Heres tips on type of market ; -Stock are based on a company earning,company achievement and company public image -Index are based on the performance of a group of stock -Forex based on a nation economy for example if US economy is strong you can expect USD to be strong so you can buy xxx/USD or sell USD/xxx -Commodity like metal,gas,food etc. are based on supply/demand,how much are produced within a year and how much people want to buy it -Gold might be in the category as metal but it is traded different from other because it use used for insurance not for production Hope this help.☺️
@abdullahrasheed Everything you say will be useful as I want to move to the stock market as soon as possible but I don't know what is the appropriate amount to start with... the appropriate analysis & the best way to train on it??... should I change my old analysis method of indices market to suit the characteristics of the stock market? I need to enter a new learning circle or not !!!?...your experience if you shift already!? any advice will be useful believe me... Thanks a lot my bro in advance 🔥🔥♥️
Futures trading is the purest form of trading. I am talking about true intraday trading. This means find trading opportunities in the first 2 hours of trade session. If you are a great intraday trader, futures beats every other market. You are trading the momentum of price, and if done correctly, can be massively profitable. Problem is most traders dont have the skill set. Trust me, there are traders who are very profitable in the futures space. Only a select few can trade using price only. For most traders, they are better off trading higher time like 15min.
I really appreciate you stopping by and commenting. Can you define what you mean by “purest” market? Are you referring to derivatives like equity indices that are calculated from a group of stocks? Metals? Interest rates?
@@abdullahrasheed I am specifically talking about futures indices like ES, and NQ, . The spreads are super tight, lots of liquidity, able to trade multiple contracts, and instant fills on entry and exit.
I appreciate your understanding, brother. It's crucial to navigate the trading landscape with care and thoughtfulness. What are your thoughts on the points raised in the video?
I alway though im a bad trader when im losing an account with a propfirm. But thinking now im a top 1%. with this redicouls propfirm rules i still manage to pass and get payouts. Thanks abdullah
I heard someone say that Prop firms are good if you need parametersr to learn consistency, focus on reducing loss. Although you could approach it that way you loose less just saving up, this is what I’m doing saving up.
@@abdullahrasheed A simulation account will never teach you how to manage your emotions properly. At some point, you have to put real money on the line, and I believe it's better to risk $50 to manage $2,000 than to risk your own money - at least in the beginning.
I am just counting the fee as education expenses. I don’t necessarily think that I will get to actual payouts. I can’t give the same mentality to paper trades. The challenge keeps me disciplined. In some ways better than my private funded accounts. Often if I am up from a good trade, I will FOMO something really stupid. I need the strict rules. I am hoping that it will change my trading habits.
Everything you said is true. I have a friend that is trading Forex i keep hearing him say his account has been blown out and he mock me saying i make small returns on stock that he will surpass me if he pass prop firm challenge
I really want to see more types of these videos It’s really good to see more people finding out about this and talking about it Like everything you said in the video has been on my mind for a long time and I tried to explain some of these things that you mentioned to other people And I fully agree with you
I agree with what you are saying. I think that day to day definitely futures are more harder to capitalize than stocks. For me at least I’ve seen that my edge is best when I trade less when it comes the futures market. Sometimes that requires me sitting out for a month because there is no real skew Trading stocks however this is actually avoided. Where I have opportunity every single day. And money is always rotating from different sectors I have a mentor who trades options and is up 300% this year alone from stocks and he gets into multiple setups a day but he barely trades futures unless there is opportunity to I think anybody watching this video shouldn’t feel annoyed but reflect on your own journey and don’t be opposed to try something new Have money in different assets and become a real trader. Prop firms are a tool and shouldn’t be looked as the main vehicle
That's great insight! I published this video to present a perspective that may be hard to come by. Its best that everyone reflect on what's best for themselves.
It’s crazy that I just came across this video. I was literally just thinking about this exact same thing, doing the math yesterday and today. I’ve been trading prop firms for a couple of years. It is not sustainable. I am moving all of my money to a personal account. The fact that you literally have to make 100% in each phase is absolutely nuts. Good video man.
It’s crazy because 100% is absolutely true, the draw down is 2k but they expect you to make 3k to pass, 🤔 that’s over 100% and not only that, they have rules that make it even harder, like trailing drawndown so you can have a good trade and yet still brake a clown ass rule that’s used to burn that account as quick as possible
@@VR_investments I'm confused on where the 100% is coming from. I'm looking into prop firms and i guess need to be educated on them, but i haven't come across one that said you have to make 100% for the challenges. It's usually max if 10%. 10% first phase and 5% the second phase. I've never seen 100%
@ the 100k account size is a marketing tactic, realistically you have access to the drawn down size, so 2000 drawdown is like your account size, so they want you to make 3k with 2k as drawdown
@@VR_investments Okay so I've seen people say this on reddit. But curious, so fundingtraders tells you exactly what you will make or lose with the percentages based on the account size. Not sure if you want to take a look at that but is that also a marketing tactic? And if this is true, is this only for the challenge phases and not after you pass. I guess I would really have to read through the fine print to see what this is all about
I think the way to maybe frame this for those of use who trade indices w/ prop firms and fail multiple challenges is...there is no way I could have developed the skill, resilience, patience and market acuity without trading with a prop firm first. Yes I spent probably $5K in challenges but that was pennies on what it saved me and the upside it prepared me for. Yes I've had one day $25K wins. Prop firms have a role in the journey and just need to be clear eyed on that.
Akhi I needed this because I’ve had the same perspective but I kind of needed the confirmation from a more experienced person and the things you touched up on here gave me a clear clarity of the direction I am now going to take, because Alhamdulillah I have built my skills and found a clear cut edge with forex now. I appreciate not just this video but with all the knowledge you’re sharing out here on this platform Thankyou Jazaak’Allah Khairan
@ I feel prop firms added more pressure than need, and didn’t allow adjustments that fit different trade situations within my strategy, for example needing 6 mnq contracts during a setup but only allowed 4 for my tp to feel ‘worth it’ to move the account. Once some of that pressure is removed and feel more freedom you just trade better. Like you said you’re not getting $50,000 you’re getting $5,000 so I rather trade my own actual $5,000 and take out what I need when I need.
Great analysis, but the question is: what percentage of stock traders are profitable? The truth is that until traders realize that the reason they are not consistently profitable has nothing to do with brokers, market conditions, prop firms, or strategies, they will not begin to profit consistently. A trending market won't make someone profitable; trading is a game of probability, and a trending market cannot change that. My advice is that traders should focus on solving the problem within themselves, as the issue lies not outside, but with the trader.
THIS ADVICE IS NOT FOR EVERY TRADER AS WE ARE ALL AT DIFFERENT LEVELS PEOPLE THAT I THINK SHOULD FOLLOW WHAT YOU ARE SAYING WHOLING ARE THOSE WHO HAVE MADE THEMSELVES SOME GOOD MONEY ...BUT IF YOU A TOTAL BEGINNER U NEED PROPFIRN THEY HELP NOT ONLY IN ACCESSING LARGE AMOUNTS OF CAPITAL EVEN IF YOU SAY YOU ARE BASICALLY TRADING 10% OF IT SOME PEPLE LIKE ME MAY NOT JUST EASILY LAND THEMSELVES ON 10K JUST LIKE THAT ...AND ALSO IF USED WELL PROP FIRMS ACTUALLY CAN TEACH YOU HOW TO PROFFESIONALLY MANAGE RISK ..
This is one the most important trading videos if you do you homework to see if he is right. Im switching to stocks. Less stress, easier to identify trends. Alot of options
Can you please make a detailed video about how you trade stocks, I'm tired of prop firms and the fear that is there of not getting a payout or losing the account and having to start all over again.
I just started day trading in a personal and funded. While I'm still learning having access to funds that I won't get on my own via a trust fund allows me flexibility to use those funds to trade in a SEP once withdrawn from a prop. Never spend more on props than you can afford to lose.
Add up the profit targets of all stages in some prop firms and it gets up to 60k. That could have been in your account instead of jumping through hoops.
Damn bro, the timing on this video couldn’t have been more perfect. I just completed the Evaluation phase of my Apex accounts Wednesday last week, $300k accounts with $7,500 DD. Thurs and Fri i totaled $850 in losses and I’ve been taking the time this weekend to restructure my trading strategies to large volume trading days only, Fed reports. my thoughts on the Prop Firms are the same as yours after reading the payout rules and now I’m thinking about grabbing my first payout and opening my own accounts with Tradovate. Thanks for the confirmation video young king 🤴🏾 Lets get this money in 2025!
@rei12figures4 careful with fed reports: apex has some interesting fine print around news trading on PA accounts. And that's putting it mildly to avoid violating NDA, as someone with a 300k and 150k accounts with apex. I also trade in my own cash accounts, but I figured I'd give you a reason to go back and read that part of the contract before you dive too deep into it
Bro, you are 100% spot on. The only issue here is the start-up capital which practically majority of new beginner traders do not have access to. Truth is it is debatable; prop trading vs real live account trading. There are just so many nuances in the FX or Financial markets space... i have always asked myself, i know its possible to grow a small account say $100 to 4 or even 5 figures overtime, courtesy of compounding. However, here is the question; Will a broker sit and watch a trader grow an account consistently without pulling makung withdrawals and the broker will not manipulate the system on the back end? On the other end, say a trader grows his/her account frpm $100 to $1,000,000, can the broker even pay out these funds. Now ih a trader keeps withdrawing consistenly which is good, him/her will not be able to increase the Lot Size or Position Size over time so as to take advantage of Leverage.... These are the Issues. Nice discuss really. God Bless You Bro.
I appreciate your analysis. At this stage, none EU countries can capitalize on withdrawals from Prop firms. Then the focus should move toward alignment of interests. You're paving ways 🙏
Sad too say it's true and that's definitely my plans...it's been my plain since I started back in 2015 but I'll just mike these props for a little longer..why not, definitely switching over to full time stock trader though it's a no brainer💯
I quit Forex and etc... I went to stock options for 9 months now and I can say that trading only thicker like I do (SPY) you get to the point where you totally how it moves. You feel you are on your thing. God bless Thx Abdullah
After watching this video i did my own homework and he is absolutely right. The stock market offers more trading opportunities on a daily because they are companies with equity so it move based on the people actually useing the products that why people say look for stocks with low prices, if the company suddenly blows up the price go up. Equity
Traders should know how to trade trends, channels and ranges. In my trading plan, the 2nd item for me is to determine if the instrument is ranging or trending on the 5 or 15m. A successful trader needs to be able to extract profit from the market no matter what it does without focusing on the profit side. If you're one of those 'fair weather' traders that can only trade trends, you need to learn to see opportunity in ranges and channels. You need to protect yourself from liquidity sweeps and properly place stops so you don't get wiped out. This game is not for those coming in to make a fast buck, unless you know how to. Meaning you've got the experience and the skiil set to do that. If you think you're gonna come in and 'muscle' the market to bend to your will with a $150K account...you will be broke before lunch time.
We agree here. My plan is to skip out on the range and scan the 5K+ universe of stocks and find those that have directional momentum. These opps are popping up more frequently in the equities market and fx and futures.
@abdullahrasheed I'm ready to see how the challenge goes. I know it will not be easy, but it's the best decision long term for trading success. I personally only know a handful of people on RUclips actually making money from prop firms or forex and indicies. But I've seen new people come to stocks with proper training and do 6 figures within 12-18 months.
Put putting out your truth bro. I enjoy the value you provide. I will be looking into the stock game a little more. Money is money. Trading is just about growing as a person at the end of the day.
For anyone that doubts...if you came from forex to futures you see the difference. I did. I can swing forex, but I don't like intra daying forex. And stocks...get in premarket. I'm usually done with stocks by before new York lunch...it's clearly easier to trade stock ...I do em all though
I totally agree with the ideas u payed down But the truth is if you can trade and maake consistent profit it still balls down to the capital which is a big problem and that is what propfirm capitalize on
An outstanding thought provoking video, which has caused me to redirect my focus with immediate effect for the here and now, whilst also having the long term endeavour in mind. "Thank You" very much, and stay blessed :- )
The recent development in prop firm universe really ignite my concern.🤔 Newer prop firm tend to be operated by scammers, many are launched an in matters of days, shutdown., hidden rules, consistency rules, payout delays, payout denials, etc. Stocks? I think I can understand your point of view. Thanks for sharing it, Salam 🙏🤝
I completely understand your concerns with the evolving landscape of prop firms. It's crucial to be cautious given the rise of potential scams and operational issues. Stocks indeed offer a more transparent and reliable trading environment. Thank you for engaging with the video, and Salam to you as well! 🙏🤝
Absolutely spot on! However for many it's easier to stomach a $500 account blown from a cash flow perspective than a $5000 blow.Stocks have more opportunities but most also don't know how to set up scanners for the stocks that have catalysts etc
Stock market is about equity so it make sense that there are more opportunities. They are all different companies so it make sense that daily some are moving daily and some are not.
The prop firm trading model allows traders to be in a win-win situation due to minimal risk for entry & as of today prop traders have better tax brakes. Good luck Abdul!
I am fairly sure I can grow an account from a small amount but I would need practice firstly. I do see the sustainable part of owning your trading business rather than depending on prop firms. Also I am on a phase 2 challenge about to get funded this year leading into the new year 2025. Never gave up :)
Man, you I like one of my favorite trading RUclipsrs so I was thinking hmmmm about this title because that’s how you got started…prop firms. Though I glad I watched this whole video. Makes sense. Though how does one who does not have $25K to get started in day trading stocks?
Thanks for watching. Checkout this video about how to trade under PDT ($25K) rule. Many started out under PDT and are now doing very well. ruclips.net/video/dtF425ol8lw/видео.html
You’re right bro I stopped commodities and indexes and went to futures, had some what of an better edge but still was hit with randomness especially with props
That's great to hear you found a better edge with futures. Trading Individual stocks will help with that. Fresh catalyst and/or unusual volume will help resolve that issue.
Many people have started small and grown their accounts with base hits and small price stocks. Cash account, multiple margin accounts or offshore broker (not financial advice lol)
Part 2:
ruclips.net/video/r7g9gAXlJeY/видео.html
Thank you for watching and listening! This video isn’t meant to be a blanket suggestion to stop trading evals-it’s just my perspective based on my experiences. I truly enjoy friendly discussions, different perspectives, and opinions.
If you agree or disagree, I’d love to hear your thoughts, especially on my point about how evals only provide highly efficient products (indices, commodities, and currencies). My decision to move away from them is based on the fact that individual stocks often have fresh, trackable catalysts and provide clearer volume and order flow, creating more day-to-day opportunities to exploit inefficiencies. Currencies and indices often lack significant daily catalysts, relying more on macro events to drive price action. Additionally, their order flow is heavily dominated by algorithms, making it less actionable for identifying meaningful moves.
For more on stocks vs. futures vs. forex, check out [this video](ruclips.net/video/SSetmEzmooU/видео.html).
Some of you might bring up the PDT rule, but many traders have started under PDT and still found success by adapting their approach.
At the end of the day, this is just my perspective-what’s most important is finding what works best for you and aligns with your trading business goals. Let me know what you think!
I've learned a lot from prop trading, but have not been able to pull anything out...
Can you make a video on best leverage brokers in USA
100%. It Gives you proper Discipline!!!
@@chrisbova9686that's almost like a stand-up joke for traders.
KEEP SPREADING THE TRUTH.
Prop firms for me are just a means to an end fr using there capital to fund my own account don’t plan on depending on them for the long run
Rooting for you man!
I believe this is most peoples sentiments when trading props. Especially with all the chaos that abdullah mentioned in the video. Metatrader issues, payout denial, the business model of the prop space, etc.
@@TexasSmooth199%. Even if you're very successful with them, you've got to opt out at some point. On the other hand, if you're not successful , then most likely you're an unprofitable trader yourself, doesn't matter the market.
Props will always exist
With Lion heart being the worst
You absolutely nailed this with a clear breakdown.
Thanks for checking it out.
Breakdown is impeccable! We all got into the game for independence..this journey doesn’t stop with these firms 💯
Where are you from?
100% agree and i glad to see more of us are becoming aware of this practice. The PF business model is not set up for you to prosper long term. Great presentation, I will be forwarding this to my whole community
You have made good points but this all still balls down to one thing can a person trade profitably or not. Prop firms actually taught me to be better because when i had a cash account i was just doing what ever with no rules. I had 600k funding with tft i was funded for 10 months then they went out of business. I made 70k in payouts. I put up 4k in in challenges made huge return. You have to beat them at there own game but sadly only 5% or less of traders are profitable
Think only 1percent, payout maybe 0.5percent
Totally agree
You’re proving his point. They went out of business. This is done on purpose. If folks are as good as they say they are, allow a lender to lend. Like your bank, and use the capital to trade under your business. That’s what I did. Paid the bank back in 3 months.
@@ewhite41 again it doesnt matter how much access to capital you have or where it comes from if a person cant trade profitable it will still blow up
@@ewhite41 I like your point but I certainly think you get more leverage with prop firms than a loan from a bank, yes there are rules in prop firms but I think anyone who is consistently profitable can follow them.
Most people don't trade stocks due to the PDT rules (25k) that's why these other markets are a better start for them. Low cost to start out
This is the type of information we actually really need. Thank you for not withholding such valuable information.
I'm glad you find the information valuable! What specific topics are you interested in learning more about when it comes to trading?
@@abdullahrasheed I also found the information to be highly valuable. Thank you Abdullah!! Personally I would like to learn what it is specifically that takes a trader from being a 6 or 7 figure trader to an 8 or 9 figure trader.
Interviewing Lance tomorrow. I’ll ask him
@@abdullahrasheed Thank you sir🔥💯
This makes sense on higher times frames you like to trade but if you trade lower time frames like the 5 or 15 minute you can find opportunities every day in the futures markets. But I agree about prop firms!!
Great point! Lower timeframes like the 5 or 15 min can show opportunities, especially in futures. But these setups rely on fleeting inefficiencies, and the competition from HFTs and institutions are intense in the futures space making it hard for scalpers to find consistency. It may feel as if you have an eroding edge or you end up break-even over the year because of the increasing presence of algos. I'm curious to hear how long you've been trading the 5 and 15min consistently and if you have any challenges, how frequent you trade, etc.
I trade futures too, but even on lower time frame you're going to find better opportunities if you can pick the right stocks and trade them instead. Futures is just more accessible with less $$
@@abdullahrasheed 5 and 15 min is great for forex supply and demand, literally highly consistent. I was also noticing S&D traders who are trading futures now are taking less S&D set ups so what you are aying makes sense. I felt like the set ups occur less on futures
no disrespect to any traders and I have been trading 17 years NAS100 only and i have said before trade your own account regardless of the size you can grow it ,i have seen just about all the props and to me there nothing but trap houses!!
Thats the only instrument I like. Ive moved now from Forex to Futures, passed a few challenges with future prop firms but lost them soon after by not reducing my risk per trade as soon as I got funded. Im a scalper 1-2 min TF. Never been attracted to Stocks but watching him talking, I might give it another chance.
Hey brother don’t mean to ask any personal questions but are you able to live comfortably through your trading ? I really want to make this my career but my parents tell me I won’t be able to support and fund a comfortable lifestyle doing this
@dylanlopez7901 you absolutely can.
But it shouldn't be your absolute priority.
This should come second.
Use the first plan to generate safely some capital, allowing you to experiment with the market through trial and error. Only then, once you fully understand what you're doing, should you scale things up.
Love the vid! My 2 cents: Everyone should aim to trade their own account. I started trading about 8 years ago and while prop firms are an amazing way to start, they cause you to think of 'RTH" far too much.
Every single siz figure trade I've made as well as my large trades in general were swing trades - which means you need full margin and patience. Prop firms aren't really designed to let you do that.
That being said - I still trade futures, but I also trade equity options, etc!
Here's to 2025!
Lets kill it in 2025! Thanks for your comment and perspective.
What is RTH?
@ regular trading hours
I have a question for you brother, while you are here. Using a casino analogy.
A slot machine can occasionally pay out winnings, but it operates entirely on chance. In contrast, a game like poker demands skill, an understanding of different hands and scenarios, and the ability to read your competition.
In the context of futures or equities, do you think there are situations where the market behaves more like a slot machine than poker?
@@abdullahrasheed I'm auction market trader meaning I really just trade using volume profile.
The reason that matters is this - all trading is poker from where I sit. I have a set of hands I look to play and if that setup doesn't exist, I do nothing. In my 8 years or so of trading I don't see that equities or futures are any better than the other, hey are just different vehicles entirely , not to mention the product you change on either will determine if you get linear or asymmetric returns.
I don't think the market ever behaves like a slot machine though, when you trading plays you are always think in probabilities. When you get a good hand, you lean in!
Thank you for your video. As a person who initially traded options from my own account and did the same when I transitioned to futures trading, I have always struggled with the idea of prop firms. Recently. I purchased a few prop firms on Black Friday and have struggled because of the rules. I don't trade that way. I also don't trade daily which I am seeing is a requirement for the prop firm payout. I passed my account but can't seem to get the consistency down to even get a payout from the money I made. I shouldn't have to limit my profits. But like you said, it's all by design. The time I spent gaining $3K to pass could have been in my own account. I am going back to using my own account in Jan 2025.
The rules are simple on props, just stay within their boundaries, get you payouts, fund your own account and trade however you want to trade. You can trade both your personal account and your prop account, it's not rocket science. Sounds like your issue might be greed.
Thank you this information is priceless
I respect your honesty and authenticity in this video! Well, said. Keep it up!
I was reflecting on this exact same thing just couple of days ago and i came to realize how much it has affected my trading only to stumble on your video today that truly explains it all. All I am gonna say is God bless you brother. Really can't wait for what is to come year 2025. We taking over!!!!!!💯💯
I'm glad you found the video helpful.
i definitely recommend learning to trade stock options long term.Especially selling options! The wheel strategy for example can literally print u consistent income.
i personally think the wheel sucks. its way too capital intensive to sell puts and risk being assigned stock. i find way more peace of mind to split my accounts between intraday trades (brokerage #1), swing trades (brokerage #2), and position trades (IRA). to each their own, though. its all about your personality and what suits you personally.
Great job akhi. I do not completely trust propfirms because they all have a business model which is in their favor but at the same time I understand that I can use them to fund my own account and not rely upon them.
I'm not saying that everyone should abandon eval firms. Stocks are amazing in comparison to ther current products that are offered. That's my main point. If you trade eval-firms, find the most reliable firms and stick with them.
@@abdullahrasheed 5ers has a firm for stocks
@@abdullahrasheed so the" thumbnail" was a trap😅 there's a big gap about the title and what u talking about akhi..
@@abdullahrasheedwhat are the stock firms available out there? Is ICMarket one?
Outstanding content. I hope viewers realize how significant this video is.
My goal is to trade with my own money in a real broker, but to do that, you have to have a fairly large capital for it to pay off. That's why I'm trading props right now...
But my journey is on and one day I will reach my goal.
Thx Rasheed for your tips, I am one of your students and it has helped me a lot in my journey.
That's great to hear. I'm wishing you well along the way.
Het alejandro , Can u tell me which prop firm are you in ? I just want to start
@@Freeworld-k8r Alpha Capital and FTMO 👍
extremely good stuff here bro. thank you
Really realistic point view
Your point of view is valid, however, I would suggest that after some withdrawal ,you should consider establishing your personal account and further develop it in a personal capacity.
Great video as always my amazing mentor. Thankful for all you’ve done for me on this crazy trading journey of mine. ❤
Austin!!!!!! Let’s goooooo 🔥🔥🔥
great video dude thank you. Starting to touch on the stuff that Anton Kriel has been saying for years
I completely agree. As one who came into trading via forex then moved to indices, on a day-to-day basis, there are far more high EV high rr opportunities trading stocks, AND there are so many to choose from that the argument that stocks are too expensive to trade holds no water. Thank you for another common sense breakdown.
Thanks for stopping by. Its not even close. I was blind, but now I see.
all good points and makes sense bro. I think it comes down to the trader and can you trade. it's really that simple cause it ain't easy.
Any trader will tell you it never was. It's a 1% game like being a movie star or successful singer.
Abdullah for this one you get it very right, much align with my thought and believe on market, Stocks beat All Hands down. this the reason i once criticised you not to promote Prop firms or SMC and inner circle trader Nonsense. Stocks gives more opportunities above all Assets. Good luck my brother
Thanks for the constant critique and support.
Nice, I'm about to start trading with my own capital. Done with the prop.
Brokers also have their shady side
Heres tips on type of market ;
-Stock are based on a company earning,company achievement and company public image
-Index are based on the performance of a group of stock
-Forex based on a nation economy for example if US economy is strong you can expect USD to be strong so you can buy xxx/USD or sell USD/xxx
-Commodity like metal,gas,food etc. are based on supply/demand,how much are produced within a year and how much people want to buy it
-Gold might be in the category as metal but it is traded different from other because it use used for insurance not for production
Hope this help.☺️
Thank you for the breakdown.
I might have got it wrong but, why do you buy a USD cross pair when USD gets stronger. You can buy USD/XXX or sell xxx/USD
@@ebitells my mistake 😂 thanks for correcting👍
It does. Nice break down.
@@Noiz01 i feel as tho forex has a lot of quality suuply and demand set ups. Does not looki like ill be moving to futures.
This video already answers a lot of questions in my head... Please bro make part 2
What do you want to see in part 2?
@abdullahrasheed 🙏🙏♥️
@abdullahrasheed
Everything you say will be useful as I want to move to the stock market as soon as possible but I don't know what is the appropriate amount to start with... the appropriate analysis & the best way to train on it??... should I change my old analysis method of indices market to suit the characteristics of the stock market? I need to enter a new learning circle or not !!!?...your experience if you shift already!? any advice will be useful believe me... Thanks a lot my bro in advance 🔥🔥♥️
Futures trading is the purest form of trading. I am talking about true intraday trading. This means find trading opportunities in the first 2 hours of trade session. If you are a great intraday trader, futures beats every other market. You are trading the momentum of price, and if done correctly, can be massively profitable. Problem is most traders dont have the skill set. Trust me, there are traders who are very profitable in the futures space. Only a select few can trade using price only. For most traders, they are better off trading higher time like 15min.
I really appreciate you stopping by and commenting. Can you define what you mean by “purest” market? Are you referring to derivatives like equity indices that are calculated from a group of stocks? Metals? Interest rates?
@@abdullahrasheed I am specifically talking about futures indices like ES, and NQ, . The spreads are super tight, lots of liquidity, able to trade multiple contracts, and instant fills on entry and exit.
I agree I didn’t flourish till I came to the futures matket
@@abdullahrasheed yeah and only one data provider if NQ is 20300,25 . It is there on whole world, for everyone! No scummy cfd brokers.
is future currencies also different from regular currencies
Finaly some one who gave a good perspective 🙏🏿❤️❤️ love the video …
Thanks man 🌹. Nobody before talk about this things we need more videos like this
I hear you deep my brother!
I appreciate your understanding, brother. It's crucial to navigate the trading landscape with care and thoughtfulness. What are your thoughts on the points raised in the video?
I alway though im a bad trader when im losing an account with a propfirm. But thinking now im a top 1%. with this redicouls propfirm rules i still manage to pass and get payouts. Thanks abdullah
So what are some places we can trade stocks ? In and out? What brokers you recommend bro? Nice video btw you were cooking up man 😮💨🔥🔥🔥💎
Learnt so much from this video, I'm starting to adjust to a long time perspective ❤
Thank you Coach Abdullah - I needed to hear this.
Straight facts! Great video. This is the best one yet.
Great break down !
💯
This is one of the most transparent videos on prop firm trading on RUclips!
Which prop firm are you using
@AananyaBharti-p5i the last prop firm I traded with was myforexfunds, and I'm still waiting on that 20k pay out. 😂 I just trade my own money now.
I heard someone say that Prop firms are good if you need parametersr to learn consistency, focus on reducing loss. Although you could approach it that way you loose less just saving up, this is what I’m doing saving up.
Evals are a good learning tool, but you can apply the same discipline in the sim. The tuition you pay is self afflicted.
@@abdullahrasheed A simulation account will never teach you how to manage your emotions properly. At some point, you have to put real money on the line, and I believe it's better to risk $50 to manage $2,000 than to risk your own money - at least in the beginning.
I am just counting the fee as education expenses. I don’t necessarily think that I will get to actual payouts. I can’t give the same mentality to paper trades. The challenge keeps me disciplined. In some ways better than my private funded accounts. Often if I am up from a good trade, I will FOMO something really stupid. I need the strict rules. I am hoping that it will change my trading habits.
Everything you said is true. I have a friend that is trading Forex i keep hearing him say his account has been blown out and he mock me saying i make small returns on stock that he will surpass me if he pass prop firm challenge
I really want to see more types of these videos
It’s really good to see more people finding out about this and talking about it
Like everything you said in the video has been on my mind for a long time and I tried to explain some of these things that you mentioned to other people
And I fully agree with you
I agree with what you are saying. I think that day to day definitely futures are more harder to capitalize than stocks. For me at least I’ve seen that my edge is best when I trade less when it comes the futures market. Sometimes that requires me sitting out for a month because there is no real skew
Trading stocks however this is actually avoided. Where I have opportunity every single day. And money is always rotating from different sectors
I have a mentor who trades options and is up 300% this year alone from stocks and he gets into multiple setups a day but he barely trades futures unless there is opportunity to
I think anybody watching this video shouldn’t feel annoyed but reflect on your own journey and don’t be opposed to try something new
Have money in different assets and become a real trader. Prop firms are a tool and shouldn’t be looked as the main vehicle
That's great insight! I published this video to present a perspective that may be hard to come by. Its best that everyone reflect on what's best for themselves.
I enjoyed this perspective, good video.
Glad you enjoyed it! Thanks for the support.
It’s crazy that I just came across this video. I was literally just thinking about this exact same thing, doing the math yesterday and today. I’ve been trading prop firms for a couple of years. It is not sustainable. I am moving all of my money to a personal account. The fact that you literally have to make 100% in each phase is absolutely nuts. Good video man.
It’s crazy because 100% is absolutely true, the draw down is 2k but they expect you to make 3k to pass, 🤔 that’s over 100% and not only that, they have rules that make it even harder, like trailing drawndown so you can have a good trade and yet still brake a clown ass rule that’s used to burn that account as quick as possible
@@VR_investments I'm confused on where the 100% is coming from. I'm looking into prop firms and i guess need to be educated on them, but i haven't come across one that said you have to make 100% for the challenges. It's usually max if 10%. 10% first phase and 5% the second phase. I've never seen 100%
@ the 100k account size is a marketing tactic, realistically you have access to the drawn down size, so 2000 drawdown is like your account size, so they want you to make 3k with 2k as drawdown
I hope that makes sense
@@VR_investments Okay so I've seen people say this on reddit. But curious, so fundingtraders tells you exactly what you will make or lose with the percentages based on the account size. Not sure if you want to take a look at that but is that also a marketing tactic? And if this is true, is this only for the challenge phases and not after you pass. I guess I would really have to read through the fine print to see what this is all about
Thank you so much for this. Really helpful and honest. Looking forward to your stock-trading advice.
Great advice. Thank you Bro
I think the way to maybe frame this for those of use who trade indices w/ prop firms and fail multiple challenges is...there is no way I could have developed the skill, resilience, patience and market acuity without trading with a prop firm first. Yes I spent probably $5K in challenges but that was pennies on what it saved me and the upside it prepared me for. Yes I've had one day $25K wins. Prop firms have a role in the journey and just need to be clear eyed on that.
Glad it worked for you brother.
Great Job Abdullah!
Akhi I needed this because I’ve had the same perspective but I kind of needed the confirmation from a more experienced person and the things you touched up on here gave me a clear clarity of the direction I am now going to take, because Alhamdulillah I have built my skills and found a clear cut edge with forex now.
I appreciate not just this video but with all the knowledge you’re sharing out here on this platform Thankyou Jazaak’Allah Khairan
Great video, I agree fully with you on the topic. I didn’t see improvement until I shifted away from prop firms and it changed my whole mindset.
That's awesome to hear! It's great that you found what works best for you. What specifically did you change?
@ I feel prop firms added more pressure than need, and didn’t allow adjustments that fit different trade situations within my strategy, for example needing 6 mnq contracts during a setup but only allowed 4 for my tp to feel ‘worth it’ to move the account. Once some of that pressure is removed and feel more freedom you just trade better. Like you said you’re not getting $50,000 you’re getting $5,000 so I rather trade my own actual $5,000 and take out what I need when I need.
Great analysis, but the question is: what percentage of stock traders are profitable? The truth is that until traders realize that the reason they are not consistently profitable has nothing to do with brokers, market conditions, prop firms, or strategies, they will not begin to profit consistently. A trending market won't make someone profitable; trading is a game of probability, and a trending market cannot change that. My advice is that traders should focus on solving the problem within themselves, as the issue lies not outside, but with the trader.
You can take 8-10 points a day on ES and scale up. Doesn’t have to be prop firm that ES gives that much daily. Nq: 100 points. Gold 10 points
If l may ask bro, what's ES?
@@AnimalsKevinES is futures for S&P 500
Thank you Abdullah
God bless you
THIS ADVICE IS NOT FOR EVERY TRADER AS WE ARE ALL AT DIFFERENT LEVELS PEOPLE THAT I THINK SHOULD FOLLOW WHAT YOU ARE SAYING WHOLING ARE THOSE WHO HAVE MADE THEMSELVES SOME GOOD MONEY ...BUT IF YOU A TOTAL BEGINNER U NEED PROPFIRN THEY HELP NOT ONLY IN ACCESSING LARGE AMOUNTS OF CAPITAL EVEN IF YOU SAY YOU ARE BASICALLY TRADING 10% OF IT SOME PEPLE LIKE ME MAY NOT JUST EASILY LAND THEMSELVES ON 10K JUST LIKE THAT ...AND ALSO IF USED WELL PROP FIRMS ACTUALLY CAN TEACH YOU HOW TO PROFFESIONALLY MANAGE RISK ..
There are prop firms that let you trade stocks.
This is one the most important trading videos if you do you homework to see if he is right. Im switching to stocks. Less stress, easier to identify trends. Alot of options
As always good insight and made gravitate toward learning Stocks while i am still one year in the market. Thank you
Can you please make a detailed video about how you trade stocks, I'm tired of prop firms and the fear that is there of not getting a payout or losing the account and having to start all over again.
I just started day trading in a personal and funded. While I'm still learning having access to funds that I won't get on my own via a trust fund allows me flexibility to use those funds to trade in a SEP once withdrawn from a prop. Never spend more on props than you can afford to lose.
Understood.
It all comes down to
risk management
Execution
Wisdom
Knowledge.
If you have have this you can prosper in any market. Nice video.
Thank you for sharing this valuable knowledge, Its given me a lot to consider with trading indices/comms vs stocks. Appreciate you bro🙌💯
Liquidity sweeps exist, go and observe how price moves around key levels, it's not random at all
Very informative like always.
Thank you for watching! What was the most valuable piece of information you took away from this video?
You’re a real one
Add up the profit targets of all stages in some prop firms and it gets up to 60k. That could have been in your account instead of jumping through hoops.
Absolutely loved this. I think I needed to hear it lol
That's great to hear! What specific part resonated with you the most?
Damn bro, the timing on this video couldn’t have been more perfect. I just completed the Evaluation phase of my Apex accounts Wednesday last week, $300k accounts with $7,500 DD. Thurs and Fri i totaled $850 in losses and I’ve been taking the time this weekend to restructure my trading strategies to large volume trading days only, Fed reports.
my thoughts on the Prop Firms are the same as yours after reading the payout rules and now I’m thinking about grabbing my first payout and opening my own accounts with Tradovate. Thanks for the confirmation video young king 🤴🏾 Lets get this money in 2025!
If I was you I would grow my own buffer fuck the first payout
@rei12figures4 careful with fed reports: apex has some interesting fine print around news trading on PA accounts. And that's putting it mildly to avoid violating NDA, as someone with a 300k and 150k accounts with apex. I also trade in my own cash accounts, but I figured I'd give you a reason to go back and read that part of the contract before you dive too deep into it
Bro, you are 100% spot on. The only issue here is the start-up capital which practically majority of new beginner traders do not have access to. Truth is it is debatable; prop trading vs real live account trading. There are just so many nuances in the FX or Financial markets space... i have always asked myself, i know its possible to grow a small account say $100 to 4 or even 5 figures overtime, courtesy of compounding. However, here is the question; Will a broker sit and watch a trader grow an account consistently without pulling makung withdrawals and the broker will not manipulate the system on the back end? On the other end, say a trader grows his/her account frpm $100 to $1,000,000, can the broker even pay out these funds. Now ih a trader keeps withdrawing consistenly which is good, him/her will not be able to increase the Lot Size or Position Size over time so as to take advantage of Leverage.... These are the Issues. Nice discuss really. God Bless You Bro.
I appreciate your analysis. At this stage, none EU countries can capitalize on withdrawals from Prop firms. Then the focus should move toward alignment of interests. You're paving ways 🙏
Sad too say it's true and that's definitely my plans...it's been my plain since I started back in 2015 but I'll just mike these props for a little longer..why not, definitely switching over to full time stock trader though it's a no brainer💯
Please make a video on how to start trading stocks for those of us who do not know anything about it.
I quit Forex and etc... I went to stock options for 9 months now and I can say that trading only thicker like I do (SPY) you get to the point where you totally how it moves. You feel you are on your thing. God bless Thx Abdullah
After watching this video i did my own homework and he is absolutely right. The stock market offers more trading opportunities on a daily because they are companies with equity so it move based on the people actually useing the products that why people say look for stocks with low prices, if the company suddenly blows up the price go up. Equity
Traders should know how to trade trends, channels and ranges. In my trading plan, the 2nd item for me is to determine if the instrument is ranging or trending on the 5 or 15m. A successful trader needs to be able to extract profit from the market no matter what it does without focusing on the profit side. If you're one of those 'fair weather' traders that can only trade trends, you need to learn to see opportunity in ranges and channels. You need to protect yourself from liquidity sweeps and properly place stops so you don't get wiped out. This game is not for those coming in to make a fast buck, unless you know how to. Meaning you've got the experience and the skiil set to do that. If you think you're gonna come in and 'muscle' the market to bend to your will with a $150K account...you will be broke before lunch time.
Thanks for joining the discussion. In your opinion or from your data, which type of market has a higher EV (expected value)? Trends or ranges?
Trends.
We agree here. My plan is to skip out on the range and scan the 5K+ universe of stocks and find those that have directional momentum. These opps are popping up more frequently in the equities market and fx and futures.
YOU ARE A KING! great content bro, im sure we'd link up in the future, would love to pick your brain.
my main focus is mastering the skill set of trading and demo until I have disposable income to trade with
This man is preaching FACTS. I hope everyone listens.
YESSIR. What's your thoughts on all of this?
@abdullahrasheed I'm ready to see how the challenge goes. I know it will not be easy, but it's the best decision long term for trading success. I personally only know a handful of people on RUclips actually making money from prop firms or forex and indicies. But I've seen new people come to stocks with proper training and do 6 figures within 12-18 months.
Put putting out your truth bro. I enjoy the value you provide. I will be looking into the stock game a little more. Money is money. Trading is just about growing as a person at the end of the day.
Thanks for the support! You can get started here with this video.
ruclips.net/video/gZLborYzrwc/видео.html
You just saved me a bunch of time. Jazak Allah.
I'm glad to hear that you found the video helpful! If you have any more questions or need further insights, feel free to ask. Happy trading!
For anyone that doubts...if you came from forex to futures you see the difference. I did. I can swing forex, but I don't like intra daying forex. And stocks...get in premarket. I'm usually done with stocks by before new York lunch...it's clearly easier to trade stock ...I do em all though
What place let's you trade premarket?
same, i swing trade forex, i day trade futures, and i get in premarket with stock options.
Great learning tool still. I plan to move go live next year. But the prop firms gave me the confidence to even say that.
I feel you brother they can be a good learning tool for sure.
Great video
I totally agree with the ideas u payed down
But the truth is if you can trade and maake consistent profit
it still balls down to the capital which is a big problem and that is what propfirm capitalize on
This makes complete sense!
Thank you for your support! It's crucial for traders to focus on developing a solid edge rather than just chasing more capital.
@ well said
An outstanding thought provoking video, which has caused me to redirect my focus with immediate effect for the here and now, whilst also having the long term endeavour in mind. "Thank You" very much, and stay blessed :- )
The take home is a good trader will make profit irrespective of whether they're trading stocks or FX
The recent development in prop firm universe really ignite my concern.🤔
Newer prop firm tend to be operated by scammers, many are launched an in matters of days, shutdown., hidden rules, consistency rules, payout delays, payout denials, etc.
Stocks? I think I can understand your point of view.
Thanks for sharing it, Salam 🙏🤝
I completely understand your concerns with the evolving landscape of prop firms. It's crucial to be cautious given the rise of potential scams and operational issues. Stocks indeed offer a more transparent and reliable trading environment. Thank you for engaging with the video, and Salam to you as well! 🙏🤝
Absolutely spot on! However for many it's easier to stomach a $500 account blown from a cash flow perspective than a $5000 blow.Stocks have more opportunities but most also don't know how to set up scanners for the stocks that have catalysts etc
Stock market is about equity so it make sense that there are more opportunities. They are all different companies so it make sense that daily some are moving daily and some are not.
The prop firm trading model allows traders to be in a win-win situation due to minimal risk for entry & as of today prop traders have better tax brakes. Good luck Abdul!
I'd love to hear your perspective about my first point. Eval firms only offering highly efficient products.
What broker would you recommend to use in order to trade stocks with a small amount of money? Thanks for what you do 🙏🏻
I am fairly sure I can grow an account from a small amount but I would need practice firstly. I do see the sustainable part of owning your trading business rather than depending on prop firms. Also I am on a phase 2 challenge about to get funded this year leading into the new year 2025. Never gave up :)
Great video
As for this! I give you a like!
Thank you brother
I appreciate your support! If you have any questions or thoughts to share, feel free to let me know. Cheers!
Man, you I like one of my favorite trading RUclipsrs so I was thinking hmmmm about this title because that’s how you got started…prop firms. Though I glad I watched this whole video. Makes sense. Though how does one who does not have $25K to get started in day trading stocks?
Thanks for watching. Checkout this video about how to trade under PDT ($25K) rule. Many started out under PDT and are now doing very well.
ruclips.net/video/dtF425ol8lw/видео.html
You’re right bro I stopped commodities and indexes and went to futures, had some what of an better edge but still was hit with randomness especially with props
That's great to hear you found a better edge with futures. Trading Individual stocks will help with that. Fresh catalyst and/or unusual volume will help resolve that issue.
Real traders, know the range is your friend
In the US, you aren't trading stocks with 1000 USD, the DPT rule prevents this. Unless you are trading bigger moves.
Many people have started small and grown their accounts with base hits and small price stocks. Cash account, multiple margin accounts or offshore broker (not financial advice lol)
In the stock community it is normal to start small