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get scammed by companies and
keep this trifecta in mind.
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enjoyed the video. Check the
links in the description to get
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10% off with the funded trader
or any other firm. Hope you
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Price, profit, drawn out. Let
me know in the comments if you
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again a lot of people are going
to like it a lot of people are
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not going to like this at all
and for that you have the other
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that's what you should keep in
mind and yeah it's basically
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profitable trades at first it's
quite a bit against the trader
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challenges you have other firms
whatever it is but keep please
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drawdown has gone up. Your
maximum drawdown right now is
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equity. So, let's say that you
have a trade that runs to 6%
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and I would love to see them
maybe change it to only balance
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like this one phase challenge
you have a 6% draw down and
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your drawdown is set at 6%
because it's the maximum
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all of a sudden your maximum
drawdown is still at $99, 000
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at $100, 000, which means that
now you have an overall
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still you have a much bigger
overall drawdown and so you can
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and you take profits at 3% but
then stop loss gets hit to 3%
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we could come up with because
then you also have the positive
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$99, 000. So, you cannot lose
this 6%. The problem here when
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have much less draw down and so
this is going to be a little
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money in the account so if you
really read between the lines
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drawdown of 20% you still have
the daily draw down of 3%, but
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beginning but it's quite a bit
in favor of the trader once you
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drawdown. You take a trade, you
go into 5% profit. Now, your
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bit counter productive to
people that are taking
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what makes it very tricky too
is that it's also based on
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in this maximum drawdown which
is let's say that you take a
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example you start a challenge
you have 1 hundred K balance
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keep this profit to draw down
ratio because you don't want to
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then it's capped at
$100thousand dollars. So for
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example two which says if your
account balance or equity
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reaches $105, 000 your relative
draw down will be set at $105,
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description and I basically
watched the video that they
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have and the best examples that
made me understand it were
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even though I know that what
the CEO is going to say is that
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you want to look into what the
relative drawdown is that I'm
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about their relative drawdown
and one thing that was very
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lot of people are going to
gravitate towards this
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again I do understand why they
do it because they always want
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lot of people is very
unrealistic and then 60 days to
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see here that it's quite
counter productive in the
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000 but basically relative draw
down simply means that as you
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the price that you pay in order
to get a one face challenge and
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sure to check the link in the
description and get 10% off and
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FTMO and say oh the funded
trader doesn't actually take
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you to fail obviously but they
want to protect themselves. If
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important for me for the
relative drawdown was checking
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is because it's basically
encouraging you to keep the
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in a one step challenge. You
can just take your time, relax
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going to prefer the one phase
challenge because it does take
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trades I've talked to the CEO
they're fine and so I made this
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their FAQs because it's quite
complicated at first but once
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this is the parameters that we
decided and it's the best that
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that you are feeling when you
are taking a challenge and so a
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20% trade when you are funded
your drawdown is still capped
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the pressure off. You don't
have to perform all that much
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this one phase challenge
because a lot of people are
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much more than when you have 30
days to achieve 8%, which to a
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going to put the link onto
their FAQs also in the
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get into profit but also one of
the reasons that they do this
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trades of the profitable
traders and I know that some of
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because the relative drawdown
also is based on equity and you
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profitable for themselves to
get people signing up losing
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video because I really wanted
to let you know about not only
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two rules that they were not
expecting while taking the
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through news but once again
this is how prop firms make it
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profit with the account the
drawdown goes up with it and
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giving that the profit is 10%
even though you cannot trade
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1150% refund. Now last but not
least I really want to talk
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achieve 5% like all these
things do add onto the pressure
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you are now going to look into
the tweets that I've made about
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phase because they give you a
good amount of leverage. They
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one-phase challenge of the
Funded Trader in a you do make
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and you've seen I've seen crazy
companies that have like a 3%
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give you a good amount of draw
down 6% is still fair enough
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of days the maximum drawdown is
10%, but the profit target on
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6 but if you go on to their two
phase challenges where you do
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draw down with a 10% profit
target So that means that you
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draw down or if you do you're
paying a lot more in price.
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to draw down ratio 1. 3 and so
every time I'm looking into a
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the two phases in some is 13%,
which makes the profit target
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This one phase challenge of the
funded trader is actually one
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10% then you have a profit
target to draw down ratio of 1.
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prop firm this is definitely
something that I look into
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are paying for a 3% profit
target to draw down ratio. That
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the draw down which takes us to
the profit target to draw down
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when I'm looking into prop
firms because there's always
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to pass a challenge and so if
you go back to the one phase
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of the best that I've seen in
the industry in terms of one
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here and so what does this mean
well in my mind the lower the
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you don't have minimum trading
days because you barely have
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because I don't want to have
the hardest challenge possible
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just makes things so much
harder. It doesn't matter if
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profit target from the other
challenges and this leads us to
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profit target 10% draw down and
no limit but they either have
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told me to review other prop
firms that have maybe an 8%
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have to achieve X amount of
percentage in a certain amount
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prop firms which is this exact
because a lot of people have
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and the trader what they did
change the profit target change
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the same and so they had to
change the drawdown and the
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where the maximum draw down is
six and the profit target is
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profit target to draw down
ratio the lower the difficulty
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account. They're basically all
the same and the reason for
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something profitable for the
prop firms and it's not the
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price then it's this exact
ratio that you are seeing right
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ratio and this is a very
important thing that I look for
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that is because there's always
a trifecta and basically what
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really low leverage but they
also jack up the prices a lot
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why these one step challenges
are still profitable for the
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what the fundamental trader did
is that they kept the prices
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you will have is either price
draw down and profit target. So
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same as the prices of the
normal challenge like the royal
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you don't have lot size limits.
You don't have EA's limit. You
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allowed. The prices the
challenges are basically the
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news trading which is basically
the same as FTMO is not
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draw down is relative which we
will look into what that is and
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down and in order to pass you
need to achieve 10 percent. The
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what the one step challenge is
called. You have zero minimum
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reality, there's always those
small details that make it
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profitable for the prop firm.
So the night challenge which is
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can use trade copiers and news
trading is not allowed. So red
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trading days. You have 3% daily
drawdown in 6% maximum draw
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this is still profitable for
the prop firm because it's
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basically like any other
challenge because let's be
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instant funding because I think
it's going to be easier when in
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step, do the rapid, do the
accelerated, whatever it is, do
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honest, a lot of people do
these challenges, do the one
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deeper into why this one-step
challenge was released and why
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balance and you're always
paying the right amount of
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step challenge of the funded
trader which if you want to get
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about one step challenges and
we are going to review the one
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challenge of the Funded Trader
and then we are going to dig
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10% off plus a 115% refund. You
can check the link in the
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description. And let's
understand why there's always a
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We are going to start with
reviewing the one-step
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price in order for what you are
getting. So, let's get into it.
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something like this. And so
today we are going to talk
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have asked me to review this
and I've never done it because
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no prop firms that I personally
use have ever developed
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different when it comes to
prophecy and a lot of people
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guys enjoyed. Best trading.
Peace.
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So in this video we are going
to talk about something
13453
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