The "Problem” with Funding and ICT Traders | Pat Bailouni

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  • Опубликовано: 24 мар 2023
  • Podcast with a trading performance coach about trading mentorships and cults.
    Pat’s Links
    🎥RUclips: / patbailouni
    📸 Instagram: / patbailouni
    🤯 12 Week Program (KIMMEL10): masteryourtradingmindset.com/...
    🐥Twitter: / pbailouni
    Broker that I use:
    📊 Blueberry Markets - bit.ly/3IFpE6q (Optional 20% Bonus) (Excludes US and AUS residents)
    ⚠️ How the deposit bonus works: • Don't be FOOLED by the...
    📈 Trading Platform - bit.ly/KimmelTV (30$ off with this link)
    SOCIAL:
    📸 Instagram - / kimmeltrading
    🐤 Twitter - / kimmeltrading
    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 help me to keep creating content, they are affiliate links. Thank you!
    #ForexTrading #ForexJourney #ForexTrader
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Комментарии • 97

  • @PatBailouni
    @PatBailouni Год назад +35

    Always a pleasure chatting trading & mindset with you, my friend 🙌🔥

    • @KimmelTrading
      @KimmelTrading  Год назад +2

      💪🏿💪🏿💪🏿

    • @Vnavas10
      @Vnavas10 Год назад

      This was awesome to listen, there’s always a pro and con to whatever event that happens

    • @PatBailouni
      @PatBailouni Год назад

      @@Vnavas10 That's it!

  • @10di_livefree
    @10di_livefree Год назад +20

    My take aways from this interview are:
    1. Be self aware as a trader… recognize where your at.
    2. Don’t think in wins and losses see them as feedbacks.
    3. Strategies aren’t unprofitable or profitable of themselves. It’s the trader behind them.

  • @reemobrooklyn3557
    @reemobrooklyn3557 Год назад +14

    I blame ICT for that. He constantly bashes other strategies and call them retail garbage which created the brainwash that only his concepts can be successful. The more hear him repeat it the more it becomes programmed into your subconscious and creates a cult like following. That's the only negative thing I dislike about his teachings. He doesn't need to go on these 30 minute rants bashing other traders' strategies to prove his work. He had an awesome opportunity to unify the trading community and I believe he failed at that.

    • @LinvingOnTheEDGE-zl4qe
      @LinvingOnTheEDGE-zl4qe Год назад +1

      he’s just a cringe cry baby, too emotional to be a successful trader

    • @ssunkite1
      @ssunkite1 Год назад +3

      Yep. Totally agree. Look up Stacey Burke Trading. The dude is original in his analysis.

  • @MrPotatoHeadFX
    @MrPotatoHeadFX Год назад

    The piece about thinking about the benefits of loosing trades is gold man! Thank you for that

  • @wakas-forex
    @wakas-forex Год назад +3

    good value discussion, well-done you two !

  • @whoaitstiger
    @whoaitstiger Год назад +26

    What's the difference between being addicted to trading, and being addicted to drugs? With trading it's more fun to go through withdrawals. 😆

  • @banginzaza
    @banginzaza Год назад +10

    12:20 Cult mentality part 😂

  • @whoaitstiger
    @whoaitstiger Год назад +3

    Awesome to see you two collaborating! 👍

  • @TheGreatGoalsShow
    @TheGreatGoalsShow Год назад +5

    Thanks for the knowledge Kim, I have learnt a lot from time I started following you.

  • @MarkusRY
    @MarkusRY Год назад +7

    🔥bro, love the work. keep going!

  • @asian_don8532
    @asian_don8532 Год назад +6

    Great podcast man loads of gems dropped keep up the great work📈

  • @TheStoneYT
    @TheStoneYT Год назад +8

    Amazing podcast man, can't wait for you to do more. Maybe try getting Casper on it or you go on his podcast, that would be amazing

  • @Jiyu514
    @Jiyu514 Год назад +6

    Great discussion! Keep these going, best way to start the weekend after a big trading week

  • @russellschaeffler
    @russellschaeffler Год назад +4

    You are going to face over confidence with any system after a winning streak, controlling that is part of the growing process.
    Four years is still the very beginning of the journey.

  • @jareds5249
    @jareds5249 Год назад +4

    Love Pat's work. It's what we all need to hear. Thanks for having him on.

  • @vijaykannanhere
    @vijaykannanhere Год назад +2

    Nice weekend watch! I like the way you ask questions - the right questions, Kimmel! I am happy to call you my friend and brother. One day, we will meet in Portugal.

  • @ohuuolalekan
    @ohuuolalekan Год назад +3

    The wisdom here is so powerful, and Kimmel is greater listener

  • @zix329
    @zix329 Год назад +1

    Any plans to give Finotive Funding a go in the near future?

  • @BIEMBA72_ZM
    @BIEMBA72_ZM Год назад +3

    Great points and facts 🇿🇲❤️

  • @brinardtalks
    @brinardtalks Год назад +4

    Me this morning: “where’s the weekly video I look forward to?!”
    *2 hours later* Also me: there it is! 🤓

    • @KimmelTrading
      @KimmelTrading  Год назад

      Hehehe let’s goo! 💪🏿💪🏿💪🏿

  • @CountMeCurious
    @CountMeCurious Год назад +17

    The easiest way to manage emotional spikes in funded trading accounts is to have a lot more room for sudden losses like using 0.25% it’ll get you the mentality of business and you have about 50losses.
    And btw that was awesome podcast keep it up bro🙌

    • @mralek3806
      @mralek3806 Год назад +2

      You're right my brother

    • @KimmelTrading
      @KimmelTrading  Год назад +2

      100%, long term is the way

    • @Beebeepbooboop
      @Beebeepbooboop Год назад

      .50%-0.75% is enough cause if you're losing that many times and always in drawdown, maybe you're not ready for trading yet

    • @mralek3806
      @mralek3806 Год назад +2

      @@Beebeepbooboop yea you're right, i trade with 0.75-1% risk, with maximum 2 trade per week

    • @CountMeCurious
      @CountMeCurious Год назад +2

      @@mralek3806 guys it depends on your trading am scalping I may take 20 to 25 trades a month and losing streak is inevitable. I have 100k account for the last 6months and I take 0.25%.
      yes I take very low payouts but at-least I have my account

  • @innercircletradertevision
    @innercircletradertevision Год назад +4

    Good work you my guys

  • @russellschaeffler
    @russellschaeffler Год назад +5

    There is not just one ICT strategy there are several based the timeframe used to frame the trade.

  • @borislavxadjiev3852
    @borislavxadjiev3852 Год назад

    What do you think about Nova funding?

  • @georgekaranikas6949
    @georgekaranikas6949 Год назад

    Good job,my friend!

  • @elijahkimmanuel541
    @elijahkimmanuel541 Год назад

    Hi
    Can you kindly review Alpha Capital Prop Firm

  • @ssunkite1
    @ssunkite1 Год назад +1

    Look up Stacey Burke Trading. The dude is original in his trading strategies and technical analysis.

  • @mihaibodrug8949
    @mihaibodrug8949 Год назад

    Can you please give some discord links to different communities

  • @TheGreatGoalsShow
    @TheGreatGoalsShow Год назад +3

    Please I want to ask something, what risk do you use when you're just starting a prop firm challenge?

    • @KimmelTrading
      @KimmelTrading  Год назад +2

      When doing a challenge, I risk 2%, but I don’t recommend this. I started by risking 1%

    • @TheGreatGoalsShow
      @TheGreatGoalsShow Год назад +1

      @@KimmelTrading thanks kim

  • @Lucas-du3ux
    @Lucas-du3ux Год назад +4

    Why don't u ever stream with Wonderkish anymore? Has he quit trading?

  • @noiseforthealgorithm4668
    @noiseforthealgorithm4668 Год назад +3

    Nice brother

  • @MarkusRY
    @MarkusRY Год назад +6

    how come the instagram is private (you should deffo let me in)

    • @KimmelTrading
      @KimmelTrading  Год назад +2

      Barely use it, I’ll let you in hahaha

    • @MarkusRY
      @MarkusRY Год назад

      @@KimmelTrading TurboDayTrades, thanks bro ❤ (you're the reason im still trading)

  • @Mister_DMG
    @Mister_DMG Год назад +11

    I am funded $600K at MFF and consistently gain 8-15% monthly. ICT is life changing.

  • @sonoraai
    @sonoraai Год назад +1

    Acho que somos poucos aqui. Força!

  • @Kyle__TheGreat
    @Kyle__TheGreat Год назад +3

    🙌💪

  • @smokerx6291
    @smokerx6291 Год назад +2

    Time stamps bro🤦‍♂️

  • @TraderJono
    @TraderJono Год назад +3

    12th! 😂

  • @XAUUSD__with__DBC__proftable
    @XAUUSD__with__DBC__proftable Год назад +5

    I'm portuguese

  • @gdariocz1009
    @gdariocz1009 Год назад

    Hey amigo. Watching your videos became annoying. A lot of ads. Anyway, I gave you a thumb up.

  • @komododragontrades
    @komododragontrades Год назад

    YOUR CODE DIDNT WORK, THE FUNDED TRADER TOOK THE WHOLE AMOUNT INSTEAD OF THE 10% AND they still refuse but im sure they gave you that 10% instead of me getting the discount.😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡

  • @TasosZagos
    @TasosZagos 11 месяцев назад +1

    One of the moste wastey podcasts i have ever heard. 40 mins of nothing. Thin air

  • @Anonymus23631
    @Anonymus23631 Год назад +3

    The End was the best my Channel noo My Channel.

  • @MarketMotion329
    @MarketMotion329 Год назад +3

    @InnerCircleTrader