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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:06:14,603 --> 00:06:17,883 a look and see what options are out there but ultimately like I 2 00:06:32,583 --> 00:06:36,503 for you guys. You understood what's going on. And obviously 3 00:06:11,843 --> 00:06:14,603 you feel ready to go into funded accounts definitely have 4 00:05:29,383 --> 00:05:33,023 and I was graduating I understood you know with my 5 00:05:17,723 --> 00:05:21,123 people that's more money in a month than they could have ever 6 00:05:33,023 --> 00:05:36,063 graduate schemes and the jobs that were available I'm never 7 00:05:25,103 --> 00:05:29,383 example I mean I did when I was at university and everything 8 00:04:09,323 --> 00:04:12,523 way they cover their their backside in a way because if 9 00:04:15,563 --> 00:04:19,003 losses so you have to pay that initial fee you pass that trial 10 00:06:01,523 --> 00:06:04,363 stick to your own live account because you've you haven't got 11 00:06:07,683 --> 00:06:11,843 slow as possible so stick to that your own account but when 12 00:04:54,443 --> 00:04:58,003 my personal opinion I believe for someone to make substantial 13 00:04:22,283 --> 00:04:27,643 managers like account managers usually prop firms expect that 14 00:03:52,403 --> 00:03:57,363 that. Um but what it is with a prop firm is they have their 15 00:06:17,883 --> 00:06:22,623 say it's up to you as a trader and the the means which you in 16 00:05:36,063 --> 00:05:40,743 going to achieve the income I'm able to achieve with Forex so 17 00:05:48,903 --> 00:05:53,243 can sustain you so you know like I'm saying it might take 18 00:06:22,623 --> 00:06:27,343 the way you trade really. So anyways guys I hope this lesson 19 00:04:38,003 --> 00:04:43,143 months to pass a trial and it's just about you trying to search 20 00:04:58,003 --> 00:05:01,563 money in Forex the best route is refunded accounts you know 21 00:05:40,743 --> 00:05:43,983 trading your live account is a great start but I believe it's 22 00:04:30,483 --> 00:04:34,483 as slow as you like I say usually but I've seen some 23 00:04:43,143 --> 00:04:46,223 for them prop firms. I'm pretty sure we'll have discussions in 24 00:06:04,363 --> 00:06:07,683 that stress of oh I have to make 10% this month I can go as 25 00:02:40,303 --> 00:02:44,423 manipulation at the time, then maybe you're trading during 26 00:02:46,823 --> 00:02:51,303 volatility in the news because sometimes it's really not best 27 00:05:53,243 --> 00:05:56,283 you a while so it might take you a while for you to get to 28 00:05:56,283 --> 00:06:01,523 that level I would say but the best opportunity is still to 29 00:05:21,123 --> 00:05:25,103 imagined especially if you compare it to their careers for 30 00:05:43,983 --> 00:05:48,903 just a a way to for you to go to a good level where profits 31 00:04:12,523 --> 00:04:15,563 you lose money for them then of course they're going to be in 32 00:04:19,003 --> 00:04:22,283 if you pass you can go on to become one of their firm 33 00:05:06,323 --> 00:05:09,323 let's just say for example you've passed a challenge and 34 00:05:13,323 --> 00:05:17,723 month you take 50% home that's 5K in that month and for most 35 00:05:01,563 --> 00:05:06,323 depending on account size this can produce a sizable income 36 00:03:57,363 --> 00:04:01,443 own capital from their investors and then you're able 37 00:04:01,443 --> 00:04:05,283 to sign up with them and have a trial and if you pass you can 38 00:04:34,483 --> 00:04:38,003 companies where even from straight out you've got a few 39 00:05:09,323 --> 00:05:13,323 you've got 100K account you make 10% 10% for them in a 40 00:04:46,223 --> 00:04:54,443 the discord group about this in the future. Uh But yeah. So in 41 00:06:36,503 --> 00:06:40,903 consider all the options and yeah. Anyways guys take care 42 00:03:21,523 --> 00:03:25,243 much it was but it's not especially in the beginning of 43 00:03:10,843 --> 00:03:14,683 account. So that'll mean opening up with a broker. Um 44 00:03:42,523 --> 00:03:45,683 the the industry. All you have to do is a simple Google 45 00:06:27,343 --> 00:06:32,583 just put things into you know into some sort of conception 46 00:04:27,643 --> 00:04:30,483 you make 10% in the trial month and then afterwards you can go 47 00:01:54,463 --> 00:01:58,503 them it would just you know they would encounter that 48 00:02:02,263 --> 00:02:06,363 forward in a better way they just use that and they try to 49 00:04:05,283 --> 00:04:09,323 manage their money. So you an initial fee usually that's the 50 00:02:09,843 --> 00:02:15,403 is if maximum in a day like I said before in the risk 51 00:03:45,683 --> 00:03:48,803 search. I mean I'm not going to recommend any completely 52 00:03:00,023 --> 00:03:04,223 So now stage two comes to live and funded. So once you feel 53 00:01:30,143 --> 00:01:33,543 demo it's like even if you encounter losses you're like ah 54 00:03:14,683 --> 00:03:17,563 investing however much you've got. So I remember my first 55 00:03:32,323 --> 00:03:35,083 going to make much much money from that unless you invest 56 00:03:17,563 --> 00:03:21,523 account was 300 pounds I think. Obviously grew that to however 57 00:02:51,303 --> 00:02:54,623 to even trade. For example, the summer months, we know that in 58 00:03:25,243 --> 00:03:29,243 your journey. All that capital right there. It's more for 59 00:03:48,803 --> 00:03:52,403 because I'm not affiliated with any prop firm or anything like 60 00:02:29,603 --> 00:02:33,243 off even for the next week as well. Just reconsidering what 61 00:02:21,563 --> 00:02:24,243 time off. Especially in a week as well if you have a few 62 00:03:39,203 --> 00:03:42,523 is going with a prop firm. So there's many prop firms around 63 00:01:22,463 --> 00:01:25,743 Obviously keep a healthy lifestyle going. You know when 64 00:03:04,223 --> 00:03:08,083 ready to go live You have the option of trading your own 65 00:02:33,243 --> 00:02:36,503 you've done. Look at every trade, what you could have done 66 00:01:11,383 --> 00:01:14,783 psychology of running a live account is completely different 67 00:01:33,543 --> 00:01:38,583 you know it's okay. But when it comes to life especially in the 68 00:02:36,503 --> 00:02:40,303 better. If there was a if you feel like it was a lot of 69 00:02:06,363 --> 00:02:09,843 refine the strategy they gone to back testing. What I'd say 70 00:02:54,623 --> 00:03:00,023 August, it's not the best time for intraday trades especially. 71 00:00:25,703 --> 00:00:28,943 your job for example and even if you do have jobs you can 72 00:03:08,083 --> 00:03:10,843 account by investing your own capital and then growing this 73 00:02:18,883 --> 00:02:21,563 completely get off. Just get off the charts and take some 74 00:03:35,083 --> 00:03:39,203 obviously a lot more. Um turn of option two of making money 75 00:00:42,503 --> 00:00:45,743 stick to demo and that's stage one of what I would say stick 76 00:00:53,743 --> 00:00:57,343 have not traded live before you may understand your strategy 77 00:00:57,343 --> 00:01:00,343 but there is one component you haven't encountered yet and 78 00:01:25,743 --> 00:01:30,143 it comes to transitioning from demo to live. The thing with 79 00:00:39,583 --> 00:00:42,503 be doing as you're learning and developing your strategy is to 80 00:03:29,243 --> 00:03:32,323 getting used to the game in a way. Because you're not 81 00:01:38,583 --> 00:01:41,543 beginning as soon as you start to see a small losing streak 82 00:02:44,423 --> 00:02:46,823 wrong hours, maybe you're trading where there's high 83 00:01:41,543 --> 00:01:45,023 you really do feel it and the thing is I've met different 84 00:01:50,903 --> 00:01:54,463 eventually they will make a complete mess of it or some of 85 00:01:03,263 --> 00:01:07,463 management is so psychology and risk management are some of the 86 00:02:24,243 --> 00:02:29,603 losing few losing days. Then I would say just consider getting 87 00:01:47,943 --> 00:01:50,903 over the edge and they will keep on over trading and 88 00:01:45,023 --> 00:01:47,943 types of traders I've met some traders that it would take them 89 00:00:50,423 --> 00:00:53,743 entirely. So if you're completely new to trading and 90 00:01:19,223 --> 00:01:22,463 stick to risk management properly and do not over trade. 91 00:01:58,503 --> 00:02:02,263 they'd see that losing streak and then they they try and go 92 00:01:14,783 --> 00:01:19,223 experience. My biggest tips is to stick to your trading plans, 93 00:02:15,403 --> 00:02:18,883 management video. If you have two or three losses in a day 94 00:01:07,463 --> 00:01:11,383 most important things you can you'll ever come across. The 95 00:00:45,743 --> 00:00:50,423 to demo understand your trading strategy completely and 96 00:01:00,343 --> 00:01:03,263 that's the biggest thing I would say this can risk 97 00:00:33,743 --> 00:00:36,263 now When it comes to trading live and funded as I've said 98 00:00:14,263 --> 00:00:17,343 an analyst but also to make money in this game and that's 99 00:00:36,263 --> 00:00:39,583 throughout this whole this whole course what you need to 100 00:00:28,943 --> 00:00:33,743 easily still continue this journey and keep on developing 101 00:00:21,423 --> 00:00:25,703 freedom that trading gives the time as well you know away from 102 00:00:10,263 --> 00:00:14,263 accounts so of course the goal of a trader is to not only be 103 00:06:40,903 --> 00:06:44,143 and I'll see you in the next video. 104 00:00:03,043 --> 00:00:06,743 Yes hello everyone welcome to the next video so in this one 105 00:00:17,343 --> 00:00:21,423 probably be probably why most of you are here you know the 106 00:00:06,743 --> 00:00:10,263 we're going to be talking about trading live using funded 9957

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