16% Win Rate $6,000 Profit — Transcript
Full transcript
- 0:00if you want to make money day trading
- 0:01you have to understand how much Capital
- 0:04you need to trade in order to make that
- 0:06amount of money for example if you have
- 0:09five thousand dollars of your own money
- 0:10and you are trading that and you're
- 0:12doing proper risk management you're
- 0:14getting two percent maximum per trade
- 0:16that's a hundred dollar profit per trade
- 0:18now if you are trading a much larger
- 0:19account like a hundred thousand dollars
- 0:21that same two percent is two thousand
- 0:24dollars the same amount of work went
- 0:26into the trading but the income
- 0:28differences are dramatic when I first
- 0:30started out I decided to invest ten
- 0:32thousand dollars of my own capital
- 0:34and uh I lost it all and it hurt it
- 0:37really just like hurt the guts But as
- 0:39time went on I got better at trading and
- 0:41grew an account to about fifty thousand
- 0:42dollars and I've been trading that live
- 0:45for a long time now when I started
- 0:47trading I had no idea about funded
- 0:49accounts so I'm going to give you a
- 0:50little bit of information on that to see
- 0:52if it's the right choice for you now
- 0:53however after a very weird situation I
- 0:56don't have that account anymore and I've
- 0:58been trying to get a funded account I'm
- 1:00currently trading a 200 000 funded
- 1:02account Challenge and I am up three
- 1:05percent I'm going to show you all the
- 1:06statistics on this account so that you
- 1:09guys know what I'm doing and how I'm
- 1:10doing it this is the video that like 20
- 1:12of you guys have been waiting for asking
- 1:14how my funded account challenge is going
- 1:16so let's get into it welcome back to the
- 1:18channel everybody my name is Artie and
- 1:19this is the moving average a show where
- 1:21we discuss everything day trading to
- 1:22keep you profitable so as most of you
- 1:24guys know that follow me either on
- 1:26Twitter or telegram you know that I
- 1:28started uh bot trading so I'm not
- 1:31manually trading anymore I have a bot
- 1:33doing it for me I'm going to show you
- 1:35how it's performing on my funderpro
- 1:36dashboard so you can see exactly what's
- 1:39going on here so as you can see the
- 1:40balance right now is 206 000 meaning
- 1:43that I'm about three percent in profit
- 1:45average loss is 777 dollars so super
- 1:48lucky and my average win is about six
- 1:50thousand dollars the strategy that I'm
- 1:52doing on this funded account is a low
- 1:56risk and high reward so my risk to
- 1:58reward ratio is is like monstrous so I
- 2:01can lose like 17 or 18 trades in a row
- 2:04and one winner will make up for all of
- 2:07those losses as you can see my win rate
- 2:09is absolutely horrendous
- 2:1116.67 percent which means I lose 84 of
- 2:15the time and yet I'm still profitable so
- 2:18risk to reward and your win rate is a
- 2:21very crucial thing to understand you can
- 2:23lose all of the time if your risk's
- 2:25reward is fantastic so in order to pass
- 2:28this challenge I need an additional 13
- 2:30799 and because funderpro does not have
- 2:34a time limit on the amount of time that
- 2:35it takes to pass a challenge I can just
- 2:37keep this running and eventually I'll
- 2:40pass and then I'll go through
- 2:41verification and then I'll get my Live
- 2:42account so as you can see here my risk
- 2:45tolerance is extremely extremely low I'm
- 2:48risking between not one percent point
- 2:51three of one percent so a third of a
- 2:54percent or a half a percent per trade
- 2:57and then when I do have a winner it's
- 2:59either 2.5 a half percent or higher it
- 3:01should be higher but I have the bad
- 3:03habit of touching my trades so
- 3:06originally this should have been a loss
- 3:08but I closed it out early and these two
- 3:10should have been substantially more they
- 3:12should have been about eleven thousand
- 3:14dollars in profit each so I lost about
- 3:17twelve thousand dollars total here that
- 3:19I could have gotten but made up for a
- 3:21little bit with this one overall I
- 3:23shouldn't touch my trades but that's
- 3:24what's been going on so as you can see I
- 3:26lose a lot but the winners are bangers
- 3:28and that's the strategy that I'm banking
- 3:30on now for those of you wondering
- 3:32funderpro offers multiple account sizes
- 3:34twenty five thousand dollars all the way
- 3:36up to two hundred thousand dollars and
- 3:38they scale your account over time so you
- 3:40can start with the 200k and if you're
- 3:42profitable every single month every
- 3:44three months they increase your initial
- 3:46amount so you can scale it up to five
- 3:48million which is cool and I hope to get
- 3:50there someday but it's going to take a
- 3:51while as you can see here a 25k account
- 3:53costs 250 bucks and a 200k account costs
- 3:579.95 but if you use the link down below
- 3:59low you get a 20 discount 20 or 25 and
- 4:03that's automatically applied and this is
- 4:05the best part about it unlimited
- 4:07challenge duration so you can trade this
- 4:09challenge account for three months six
- 4:11months a year it doesn't matter as long
- 4:13as you have proper risk you can actually
- 4:15hold on to a challenge for much longer
- 4:17than the 30 days that the industry
- 4:18standard is I've talked about this
- 4:20before in previous videos and a lot of
- 4:22you liked it but a lot of you guys
- 4:23didn't like the fact that it was only
- 4:25purchasable through crypto they just
- 4:27announced yesterday that they're taking
- 4:28credit cards so for those of you that
- 4:30aren't crypto enthusiasts or don't know
- 4:31how to do crypto or don't trust it you
- 4:33can now purchase these funded accounts
- 4:35with a 20 discount with a credit card so
- 4:37yeah overall I'm very happy that I have
- 4:40three percent profit and I have not
- 4:42really traded at all I've just watched
- 4:44it and I've closed the trades early but
- 4:46other than that it's been no manual
- 4:48input for me and I'm gonna actually show
- 4:51you how to do your own bot in tomorrow's
- 4:55video essentially if you have a strategy
- 4:58that have rules you and you don't have
- 5:01any like idea how to code or whatever
- 5:03you can just go to chatgpt and be like
- 5:05hey I want to day trade and I want to
- 5:08make a bot in you know metatrader4 can
- 5:12you help me write it and then tell them
- 5:15your rules to entry and then it'll spit
- 5:18out a code and you just go back and
- 5:19forth and test and adjust and test and
- 5:21adjust for days weeks months and years
- 5:24and eventually you have a bot that works
- 5:26that chat GPT helped you write but they
- 5:29are your rules for entry so anybody with
- 5:31a rules-based strategy can create a bot
- 5:33based on those rules and I'm going to
- 5:35show you how to do that in tomorrow's
- 5:36video we'll walk through an example and
- 5:39I'll show you how do I go from start to
- 5:40finish with that but yeah overall I'm
- 5:42excited I'm up in profit and I don't
- 5:45have to do anything so if this works
- 5:47then another source of income automated
- 5:49for me and again if you want to sign up
- 5:51to funderpro link is down below it'll
- 5:53get you a nice fat discount so instead
- 5:55of a thousand bucks for 200k account
- 5:57you'll spend 800 or 750 I think it's a
- 6:0025 discount
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