Original subtitles

get scammed by companies and keep this trifecta in mind.

enjoyed the video. Check the links in the description to get

10% off with the funded trader or any other firm. Hope you

Price, profit, drawn out. Let me know in the comments if you

again a lot of people are going to like it a lot of people are

not going to like this at all and for that you have the other

that's what you should keep in mind and yeah it's basically

profitable trades at first it's quite a bit against the trader

challenges you have other firms whatever it is but keep please

drawdown has gone up. Your maximum drawdown right now is

equity. So, let's say that you have a trade that runs to 6%

and I would love to see them maybe change it to only balance

like this one phase challenge you have a 6% draw down and

your drawdown is set at 6% because it's the maximum

all of a sudden your maximum drawdown is still at $99, 000

at $100, 000, which means that now you have an overall

still you have a much bigger overall drawdown and so you can

and you take profits at 3% but then stop loss gets hit to 3%

we could come up with because then you also have the positive

$99, 000. So, you cannot lose this 6%. The problem here when

have much less draw down and so this is going to be a little

money in the account so if you really read between the lines

drawdown of 20% you still have the daily draw down of 3%, but

beginning but it's quite a bit in favor of the trader once you

drawdown. You take a trade, you go into 5% profit. Now, your

bit counter productive to people that are taking

what makes it very tricky too is that it's also based on

in this maximum drawdown which is let's say that you take a

example you start a challenge you have 1 hundred K balance

keep this profit to draw down ratio because you don't want to

then it's capped at $100thousand dollars. So for

example two which says if your account balance or equity

reaches $105, 000 your relative draw down will be set at $105,

description and I basically watched the video that they

have and the best examples that made me understand it were

even though I know that what the CEO is going to say is that

you want to look into what the relative drawdown is that I'm

about their relative drawdown and one thing that was very

lot of people are going to gravitate towards this

again I do understand why they do it because they always want

lot of people is very unrealistic and then 60 days to

see here that it's quite counter productive in the

000 but basically relative draw down simply means that as you

the price that you pay in order to get a one face challenge and

sure to check the link in the description and get 10% off and

FTMO and say oh the funded trader doesn't actually take

you to fail obviously but they want to protect themselves. If

important for me for the relative drawdown was checking

is because it's basically encouraging you to keep the

in a one step challenge. You can just take your time, relax

going to prefer the one phase challenge because it does take

trades I've talked to the CEO they're fine and so I made this

their FAQs because it's quite complicated at first but once

this is the parameters that we decided and it's the best that

that you are feeling when you are taking a challenge and so a

20% trade when you are funded your drawdown is still capped

the pressure off. You don't have to perform all that much

this one phase challenge because a lot of people are

much more than when you have 30 days to achieve 8%, which to a

going to put the link onto their FAQs also in the

get into profit but also one of the reasons that they do this

trades of the profitable traders and I know that some of

because the relative drawdown also is based on equity and you

profitable for themselves to get people signing up losing

video because I really wanted to let you know about not only

two rules that they were not expecting while taking the

through news but once again this is how prop firms make it

profit with the account the drawdown goes up with it and

giving that the profit is 10% even though you cannot trade

1150% refund. Now last but not least I really want to talk

achieve 5% like all these things do add onto the pressure

you are now going to look into the tweets that I've made about

phase because they give you a good amount of leverage. They

one-phase challenge of the Funded Trader in a you do make

and you've seen I've seen crazy companies that have like a 3%

give you a good amount of draw down 6% is still fair enough

of days the maximum drawdown is 10%, but the profit target on

6 but if you go on to their two phase challenges where you do

draw down with a 10% profit target So that means that you

draw down or if you do you're paying a lot more in price.

to draw down ratio 1. 3 and so every time I'm looking into a

the two phases in some is 13%, which makes the profit target

This one phase challenge of the funded trader is actually one

10% then you have a profit target to draw down ratio of 1.

prop firm this is definitely something that I look into

are paying for a 3% profit target to draw down ratio. That

the draw down which takes us to the profit target to draw down

when I'm looking into prop firms because there's always

to pass a challenge and so if you go back to the one phase

of the best that I've seen in the industry in terms of one

here and so what does this mean well in my mind the lower the

you don't have minimum trading days because you barely have

because I don't want to have the hardest challenge possible

just makes things so much harder. It doesn't matter if

profit target from the other challenges and this leads us to

profit target 10% draw down and no limit but they either have

told me to review other prop firms that have maybe an 8%

have to achieve X amount of percentage in a certain amount

prop firms which is this exact because a lot of people have

and the trader what they did change the profit target change

the same and so they had to change the drawdown and the

where the maximum draw down is six and the profit target is

profit target to draw down ratio the lower the difficulty

account. They're basically all the same and the reason for

something profitable for the prop firms and it's not the

price then it's this exact ratio that you are seeing right

ratio and this is a very important thing that I look for

that is because there's always a trifecta and basically what

really low leverage but they also jack up the prices a lot

why these one step challenges are still profitable for the

what the fundamental trader did is that they kept the prices

you will have is either price draw down and profit target. So

same as the prices of the normal challenge like the royal

you don't have lot size limits. You don't have EA's limit. You

allowed. The prices the challenges are basically the

news trading which is basically the same as FTMO is not

draw down is relative which we will look into what that is and

down and in order to pass you need to achieve 10 percent. The

what the one step challenge is called. You have zero minimum

reality, there's always those small details that make it

profitable for the prop firm. So the night challenge which is

can use trade copiers and news trading is not allowed. So red

trading days. You have 3% daily drawdown in 6% maximum draw

this is still profitable for the prop firm because it's

basically like any other challenge because let's be

instant funding because I think it's going to be easier when in

step, do the rapid, do the accelerated, whatever it is, do

honest, a lot of people do these challenges, do the one

deeper into why this one-step challenge was released and why

balance and you're always paying the right amount of

step challenge of the funded trader which if you want to get

about one step challenges and we are going to review the one

challenge of the Funded Trader and then we are going to dig

10% off plus a 115% refund. You can check the link in the

description. And let's understand why there's always a

We are going to start with reviewing the one-step

price in order for what you are getting. So, let's get into it.

something like this. And so today we are going to talk

have asked me to review this and I've never done it because

no prop firms that I personally use have ever developed

different when it comes to prophecy and a lot of people

guys enjoyed. Best trading. Peace.

So in this video we are going to talk about something