Original subtitles

a look and see what options are out there but ultimately like I

for you guys. You understood what's going on. And obviously

you feel ready to go into funded accounts definitely have

and I was graduating I understood you know with my

people that's more money in a month than they could have ever

graduate schemes and the jobs that were available I'm never

example I mean I did when I was at university and everything

way they cover their their backside in a way because if

losses so you have to pay that initial fee you pass that trial

stick to your own live account because you've you haven't got

slow as possible so stick to that your own account but when

my personal opinion I believe for someone to make substantial

managers like account managers usually prop firms expect that

that. Um but what it is with a prop firm is they have their

say it's up to you as a trader and the the means which you in

going to achieve the income I'm able to achieve with Forex so

can sustain you so you know like I'm saying it might take

the way you trade really. So anyways guys I hope this lesson

months to pass a trial and it's just about you trying to search

money in Forex the best route is refunded accounts you know

trading your live account is a great start but I believe it's

as slow as you like I say usually but I've seen some

for them prop firms. I'm pretty sure we'll have discussions in

that stress of oh I have to make 10% this month I can go as

manipulation at the time, then maybe you're trading during

volatility in the news because sometimes it's really not best

you a while so it might take you a while for you to get to

that level I would say but the best opportunity is still to

imagined especially if you compare it to their careers for

just a a way to for you to go to a good level where profits

you lose money for them then of course they're going to be in

if you pass you can go on to become one of their firm

let's just say for example you've passed a challenge and

month you take 50% home that's 5K in that month and for most

depending on account size this can produce a sizable income

own capital from their investors and then you're able

to sign up with them and have a trial and if you pass you can

companies where even from straight out you've got a few

you've got 100K account you make 10% 10% for them in a

the discord group about this in the future. Uh But yeah. So in

consider all the options and yeah. Anyways guys take care

much it was but it's not especially in the beginning of

account. So that'll mean opening up with a broker. Um

the the industry. All you have to do is a simple Google

just put things into you know into some sort of conception

you make 10% in the trial month and then afterwards you can go

them it would just you know they would encounter that

forward in a better way they just use that and they try to

manage their money. So you an initial fee usually that's the

is if maximum in a day like I said before in the risk

search. I mean I'm not going to recommend any completely

So now stage two comes to live and funded. So once you feel

demo it's like even if you encounter losses you're like ah

investing however much you've got. So I remember my first

going to make much much money from that unless you invest

account was 300 pounds I think. Obviously grew that to however

to even trade. For example, the summer months, we know that in

your journey. All that capital right there. It's more for

because I'm not affiliated with any prop firm or anything like

off even for the next week as well. Just reconsidering what

time off. Especially in a week as well if you have a few

is going with a prop firm. So there's many prop firms around

Obviously keep a healthy lifestyle going. You know when

ready to go live You have the option of trading your own

you've done. Look at every trade, what you could have done

psychology of running a live account is completely different

you know it's okay. But when it comes to life especially in the

better. If there was a if you feel like it was a lot of

refine the strategy they gone to back testing. What I'd say

August, it's not the best time for intraday trades especially.

your job for example and even if you do have jobs you can

account by investing your own capital and then growing this

completely get off. Just get off the charts and take some

obviously a lot more. Um turn of option two of making money

stick to demo and that's stage one of what I would say stick

have not traded live before you may understand your strategy

but there is one component you haven't encountered yet and

it comes to transitioning from demo to live. The thing with

be doing as you're learning and developing your strategy is to

getting used to the game in a way. Because you're not

beginning as soon as you start to see a small losing streak

wrong hours, maybe you're trading where there's high

you really do feel it and the thing is I've met different

eventually they will make a complete mess of it or some of

management is so psychology and risk management are some of the

losing few losing days. Then I would say just consider getting

over the edge and they will keep on over trading and

types of traders I've met some traders that it would take them

entirely. So if you're completely new to trading and

stick to risk management properly and do not over trade.

they'd see that losing streak and then they they try and go

experience. My biggest tips is to stick to your trading plans,

management video. If you have two or three losses in a day

most important things you can you'll ever come across. The

to demo understand your trading strategy completely and

that's the biggest thing I would say this can risk

now When it comes to trading live and funded as I've said

an analyst but also to make money in this game and that's

throughout this whole this whole course what you need to

easily still continue this journey and keep on developing

freedom that trading gives the time as well you know away from

accounts so of course the goal of a trader is to not only be

and I'll see you in the next video.

Yes hello everyone welcome to the next video so in this one

probably be probably why most of you are here you know the

we're going to be talking about trading live using funded