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16% Win Rate $6,000 Profit — Transcript

by The Moving Average · 1,254 words · 167 segments · language en · Watch on YouTube

Full transcript

  1. 0:00if you want to make money day trading
  2. 0:01you have to understand how much Capital
  3. 0:04you need to trade in order to make that
  4. 0:06amount of money for example if you have
  5. 0:09five thousand dollars of your own money
  6. 0:10and you are trading that and you're
  7. 0:12doing proper risk management you're
  8. 0:14getting two percent maximum per trade
  9. 0:16that's a hundred dollar profit per trade
  10. 0:18now if you are trading a much larger
  11. 0:19account like a hundred thousand dollars
  12. 0:21that same two percent is two thousand
  13. 0:24dollars the same amount of work went
  14. 0:26into the trading but the income
  15. 0:28differences are dramatic when I first
  16. 0:30started out I decided to invest ten
  17. 0:32thousand dollars of my own capital
  18. 0:34and uh I lost it all and it hurt it
  19. 0:37really just like hurt the guts But as
  20. 0:39time went on I got better at trading and
  21. 0:41grew an account to about fifty thousand
  22. 0:42dollars and I've been trading that live
  23. 0:45for a long time now when I started
  24. 0:47trading I had no idea about funded
  25. 0:49accounts so I'm going to give you a
  26. 0:50little bit of information on that to see
  27. 0:52if it's the right choice for you now
  28. 0:53however after a very weird situation I
  29. 0:56don't have that account anymore and I've
  30. 0:58been trying to get a funded account I'm
  31. 1:00currently trading a 200 000 funded
  32. 1:02account Challenge and I am up three
  33. 1:05percent I'm going to show you all the
  34. 1:06statistics on this account so that you
  35. 1:09guys know what I'm doing and how I'm
  36. 1:10doing it this is the video that like 20
  37. 1:12of you guys have been waiting for asking
  38. 1:14how my funded account challenge is going
  39. 1:16so let's get into it welcome back to the
  40. 1:18channel everybody my name is Artie and
  41. 1:19this is the moving average a show where
  42. 1:21we discuss everything day trading to
  43. 1:22keep you profitable so as most of you
  44. 1:24guys know that follow me either on
  45. 1:26Twitter or telegram you know that I
  46. 1:28started uh bot trading so I'm not
  47. 1:31manually trading anymore I have a bot
  48. 1:33doing it for me I'm going to show you
  49. 1:35how it's performing on my funderpro
  50. 1:36dashboard so you can see exactly what's
  51. 1:39going on here so as you can see the
  52. 1:40balance right now is 206 000 meaning
  53. 1:43that I'm about three percent in profit
  54. 1:45average loss is 777 dollars so super
  55. 1:48lucky and my average win is about six
  56. 1:50thousand dollars the strategy that I'm
  57. 1:52doing on this funded account is a low
  58. 1:56risk and high reward so my risk to
  59. 1:58reward ratio is is like monstrous so I
  60. 2:01can lose like 17 or 18 trades in a row
  61. 2:04and one winner will make up for all of
  62. 2:07those losses as you can see my win rate
  63. 2:09is absolutely horrendous
  64. 2:1116.67 percent which means I lose 84 of
  65. 2:15the time and yet I'm still profitable so
  66. 2:18risk to reward and your win rate is a
  67. 2:21very crucial thing to understand you can
  68. 2:23lose all of the time if your risk's
  69. 2:25reward is fantastic so in order to pass
  70. 2:28this challenge I need an additional 13
  71. 2:30799 and because funderpro does not have
  72. 2:34a time limit on the amount of time that
  73. 2:35it takes to pass a challenge I can just
  74. 2:37keep this running and eventually I'll
  75. 2:40pass and then I'll go through
  76. 2:41verification and then I'll get my Live
  77. 2:42account so as you can see here my risk
  78. 2:45tolerance is extremely extremely low I'm
  79. 2:48risking between not one percent point
  80. 2:51three of one percent so a third of a
  81. 2:54percent or a half a percent per trade
  82. 2:57and then when I do have a winner it's
  83. 2:59either 2.5 a half percent or higher it
  84. 3:01should be higher but I have the bad
  85. 3:03habit of touching my trades so
  86. 3:06originally this should have been a loss
  87. 3:08but I closed it out early and these two
  88. 3:10should have been substantially more they
  89. 3:12should have been about eleven thousand
  90. 3:14dollars in profit each so I lost about
  91. 3:17twelve thousand dollars total here that
  92. 3:19I could have gotten but made up for a
  93. 3:21little bit with this one overall I
  94. 3:23shouldn't touch my trades but that's
  95. 3:24what's been going on so as you can see I
  96. 3:26lose a lot but the winners are bangers
  97. 3:28and that's the strategy that I'm banking
  98. 3:30on now for those of you wondering
  99. 3:32funderpro offers multiple account sizes
  100. 3:34twenty five thousand dollars all the way
  101. 3:36up to two hundred thousand dollars and
  102. 3:38they scale your account over time so you
  103. 3:40can start with the 200k and if you're
  104. 3:42profitable every single month every
  105. 3:44three months they increase your initial
  106. 3:46amount so you can scale it up to five
  107. 3:48million which is cool and I hope to get
  108. 3:50there someday but it's going to take a
  109. 3:51while as you can see here a 25k account
  110. 3:53costs 250 bucks and a 200k account costs
  111. 3:579.95 but if you use the link down below
  112. 3:59low you get a 20 discount 20 or 25 and
  113. 4:03that's automatically applied and this is
  114. 4:05the best part about it unlimited
  115. 4:07challenge duration so you can trade this
  116. 4:09challenge account for three months six
  117. 4:11months a year it doesn't matter as long
  118. 4:13as you have proper risk you can actually
  119. 4:15hold on to a challenge for much longer
  120. 4:17than the 30 days that the industry
  121. 4:18standard is I've talked about this
  122. 4:20before in previous videos and a lot of
  123. 4:22you liked it but a lot of you guys
  124. 4:23didn't like the fact that it was only
  125. 4:25purchasable through crypto they just
  126. 4:27announced yesterday that they're taking
  127. 4:28credit cards so for those of you that
  128. 4:30aren't crypto enthusiasts or don't know
  129. 4:31how to do crypto or don't trust it you
  130. 4:33can now purchase these funded accounts
  131. 4:35with a 20 discount with a credit card so
  132. 4:37yeah overall I'm very happy that I have
  133. 4:40three percent profit and I have not
  134. 4:42really traded at all I've just watched
  135. 4:44it and I've closed the trades early but
  136. 4:46other than that it's been no manual
  137. 4:48input for me and I'm gonna actually show
  138. 4:51you how to do your own bot in tomorrow's
  139. 4:55video essentially if you have a strategy
  140. 4:58that have rules you and you don't have
  141. 5:01any like idea how to code or whatever
  142. 5:03you can just go to chatgpt and be like
  143. 5:05hey I want to day trade and I want to
  144. 5:08make a bot in you know metatrader4 can
  145. 5:12you help me write it and then tell them
  146. 5:15your rules to entry and then it'll spit
  147. 5:18out a code and you just go back and
  148. 5:19forth and test and adjust and test and
  149. 5:21adjust for days weeks months and years
  150. 5:24and eventually you have a bot that works
  151. 5:26that chat GPT helped you write but they
  152. 5:29are your rules for entry so anybody with
  153. 5:31a rules-based strategy can create a bot
  154. 5:33based on those rules and I'm going to
  155. 5:35show you how to do that in tomorrow's
  156. 5:36video we'll walk through an example and
  157. 5:39I'll show you how do I go from start to
  158. 5:40finish with that but yeah overall I'm
  159. 5:42excited I'm up in profit and I don't
  160. 5:45have to do anything so if this works
  161. 5:47then another source of income automated
  162. 5:49for me and again if you want to sign up
  163. 5:51to funderpro link is down below it'll
  164. 5:53get you a nice fat discount so instead
  165. 5:55of a thousand bucks for 200k account
  166. 5:57you'll spend 800 or 750 I think it's a
  167. 6:0025 discount

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