Can’t Get Funded? My Prop Firm Plan for Your First Payout (Full Guide) — Transcript

Full transcript

1. 0:00I've been day trading for the last 13
2. 0:02years and the one thing I've done more
3. 0:04than anybody else is lose platform
4. 0:07accounts. So, if you're struggling,
5. 0:09you're not alone. A lot of us go through
6. 0:11this. And me personally, I lost over
7. 0:13$10,000 before I could get my first
8. 0:16payout. I went through everything.
9. 0:18Strategy hopping, FOMOing, not using the
10. 0:21proper risk management, full porting,
11. 0:23trying to get lucky. And we all go
12. 0:25through the same process. But I want you
13. 0:27to learn from my mistakes and do it in
14. 0:30much sooner. So in today's video, I'm
15. 0:32going to be telling you exactly how I
16. 0:34would pass my first performer account
17. 0:36and how I would get my payout. I'm going
18. 0:38to walk you through which accounts I
19. 0:39would aim for, which risk management
20. 0:41strategy I would use, and my stepbystep
21. 0:45strategy. The accounts I would be trying
22. 0:47to pass if I was just starting out would
23. 0:49be the my perp 25k elite plans. Now,
24. 0:53yes, these are perpetual pay moves just
25. 0:55like futures. And I promise you, they're
26. 0:57the best accounts you can possibly get
27. 1:00right now. They're $109 if you use code
28. 1:03BGC with a 3% daily loss limit. Now, you
29. 1:05can take off the day loss limit and it
30. 1:07will go up substantially, but I would
31. 1:09definitely keep the 3% daily loss limit
32. 1:11if you're trying to minimize how much
33. 1:14money you're spending. Now, why do I
34. 1:15love this plan so much? Because they
35. 1:17have a max draw down of 5% which is
36. 1:19static with a 3% daily loss limit. It's
37. 1:21almost a double what you get in the
38. 1:22future space. And again, draw down is
39. 1:25static. So even after you get your first
40. 1:26payout, it will stay at 5%. It will not
41. 1:29move up. It will not require buffer. It
42. 1:31will not require consistency. It will
43. 1:32not require minimum trading days. So if
44. 1:34you have not traded perpetuals, I've
45. 1:36been essentially only trading perpetuals
46. 1:37for the last month. And I cannot speak
47. 1:39enough how much better it is for my
48. 1:41students. My students are currently up
49. 1:43an average of 3x when they're trading
50. 1:46perpetuals. They have a total payouts of
51. 1:49over $50,000 with less than $20,000
52. 1:53spent. So again, it's working for them.
53. 1:55If you want to check them out, I'll
54. 1:56leave a link down below and you can use
55. 1:57code BC at any point for the best
56. 2:00possible discount. Now, let's dive into
57. 2:02what is the setup I would be using.
58. 2:04Number one, I will only use one setup,
59. 2:06guys. When you're first starting out,
60. 2:08biggest mistake you can make is trying
61. 2:10to use too many setups. Follow too many
62. 2:12strategies, they're not going to work.
63. 2:14So follow literally just one setup,
64. 2:17build a plan around it and try to pass
65. 2:19your account. Now what I would do is I
66. 2:22use my golden pocket strategy, right?
67. 2:24You might have watched some more videos
68. 2:26about it, but I'll teach you exactly how
69. 2:28it protects the draw down. It waits for
70. 2:30confirmation and gives you exact
71. 2:32stopping point, which is really, really
72. 2:34key when you're trying to pass a
73. 2:36properform account. Now, let's talk
74. 2:37about what are going to be my risk plans
75. 2:40and risk management. This is really,
76. 2:41really important, guys. I'm going to try
77. 2:43to risk $250 per trade, which gives me
78. 2:47two losses max per day. So, personal
79. 2:50daily loss limit, it's going to be $500,
80. 2:52but my firm's daily allowance is going
81. 2:54to be $750. And I really do not want to
82. 2:56hit this, right? So, again, what I'm
83. 2:58going to be aiming for is going to be a
84. 3:002 R cuz I'm trying to get to the
85. 3:01valuation target of $2,500
86. 3:04and I'm going to go to break even after
87. 3:06one hour. So, this is going to be the
88. 3:08exact plan. You can literally just copy
89. 3:10this. Now let's talk about the whole
90. 3:11model in five easy step. Number one is
91. 3:14understanding the direction. This is
92. 3:15going to be where is the trend. Is this
93. 3:17a bullish trend or is it a bearish trend
94. 3:20and do we have a minimum meaningful
95. 3:22target? This will be what we call a draw
96. 3:25on liquidity. Your draw right is there
97. 3:27any high that needs to be taken out? Is
98. 3:28there any low that's taken out? We'll
99. 3:30talk about that later as well. An
100. 3:32impulsive move. This is what I like to
101. 3:33call my Vshapes guys. Any time you look
102. 3:35like this, that's usually the moves you
103. 3:37want to trade into. Then a retracement
104. 3:39refreshment or golden pocket which is
105. 3:40the 618 2.6. Wait for the candle close
106. 3:43for confirmation and execution which
107. 3:45will be your risk management. You should
108. 3:47already have it ready before you enter
109. 3:48the trade. Stop size target. Now draw
110. 3:52the move wick to wick. Right? When
111. 3:54you're going to say how do I draw golden
112. 3:56pocket? You're going to draw the trend
113. 3:57from the low to the high and that's
114. 3:59going to give you your 618 to the 66.
115. 4:02Right? And then that's your pullback
116. 4:04where you're waiting for a reaction to
117. 4:06then enter the trade. Of course, if the
118. 4:07trade was bearish, you just take this
119. 4:09image, flip it upside down. We'll go
120. 4:12into some examples a little bit later
121. 4:14once we break down the strategy and risk
122. 4:16management beyond it. Right?
123. 4:20Direction comes before the entry. You
124. 4:21should never enter a trade if you don't
125. 4:23have the direction already. Right? You
126. 4:26should already know, hey, this is a
127. 4:27bearish trend we're going into today or
128. 4:29a bear a bullish trend based on the hard
129. 4:32time frame and have a meaningful low for
130. 4:34the target. If you have if you don't
131. 4:35have that, if you have a clear target,
132. 4:36you need to stay out of the trade. What
133. 4:38are some clear target talk about it? We
134. 4:41talk about New York, New York. Um, lows
135. 4:44and highs. We're going to talk about
136. 4:47pre-market. So, that means your Asia and
137. 4:49London lows and highs or any equal highs
138. 4:53or equal lows. So, EQX, that's any equal
139. 4:56highs or equal lows to the market. This
140. 4:58is going to be your major draw. or if
141. 5:01you're in news 8:30 a.m. You can look at
142. 5:03the news
143. 5:05low and high that have not been taken
144. 5:06out yet. Those are going to be your
145. 5:08draws. Ask first clear trend is a target
146. 5:11visible room to move. If it is chopping,
147. 5:13it just means you wait. And I'll show
148. 5:14you an example on how to avoid that
149. 5:16chop. The clos is the confirmation.
150. 5:18Guys, we want an inversion for volume
151. 5:20gap to give us the initiation to
152. 5:22actually enter the trade, which is
153. 5:23coming off a larger time frame trend.
154. 5:25Right? If you do not get the cross
155. 5:28below, please do not take the trade.
156. 5:31Size from the stop. Planned stop loss
157. 5:33plus estimated cost should equal to 250.
158. 5:36Aim for a 221 reward risk only when the
159. 5:38chart has room. If the PT comes before,
160. 5:41I'm still okay with you taking that. As
161. 5:43long as the Pique is between one to two
162. 5:45R, I'm okay with that. As long as it's a
163. 5:47minimum one hour. Now, if it's a
164. 5:48negative R trade, please stay away from
165. 5:50that trade. Two losses and then the
166. 5:52session ends, guys. You really need to
167. 5:54stay away from hitting a daily loss
168. 5:56limit. So, make sure you the trades
169. 5:59you're taking, they're actually a plus
170. 6:01setup takes, right? Because you only
171. 6:03have two bullets. When should you not
172. 6:05trade? There's sometimes you should not
173. 6:06be trading chop or unclear direction if
174. 6:08you're not sure. Sometimes you don't
175. 6:09always have to know where the market is
176. 6:10going. Please stay out of it. Pocket
177. 6:12touches without a confirmation close.
178. 6:14That pocket might not be holding. Of
179. 6:16course, it not be 100% of the time,
180. 6:17right? It's not 100% guaranteed win rate
181. 6:19strategy. So, stay away from that trade.
182. 6:22Opposing levels leaves too little target
183. 6:24space. Again, it's a 3R or a 2R trade, a
184. 6:28point 4R. Please stay away. Smallest
185. 6:30position still exceeds the risk cap.
186. 6:32This probably just means that you it's a
187. 6:34highly volatile day. You should move it.
188. 6:36You should remove it. You should not
189. 6:38trade it. Session limit reached or
190. 6:39insertion account cushion or your third
191. 6:42trade. These are the conditions you
192. 6:44should not be trading. Now, you can show
193. 6:45up to the market every single day and
194. 6:48look for trades. I'm completely fine
195. 6:49with that. There's no days like Mondays
196. 6:51I don't feel like trading. Well, if
197. 6:53these are the conditions, please stay
198. 6:54out of it. Before every attempt, ask
199. 6:57yourself this checklist. You can
200. 6:59literally screenshot this. You can copy
201. 7:00paste it. You can add it somewhere. You
202. 7:01can type it in somewhere and make this
203. 7:03before you enter the trade. Is the
204. 7:04direction clear? Yes. The present
205. 7:06tramarket pocket. Again, you should have
206. 7:09already marked. Did the confirming
207. 7:11candle close? Yes. Do the stop and
208. 7:12target make sense? Does it give you the
209. 7:14proper risk measurement? Yes. Does the
210. 7:16size fit the remaining account
211. 7:17allowance? Yes. And that means take that
212. 7:20trade. So this will be A+ setup, right?
213. 7:22We'll talk about it. We show some exact
214. 7:24examples into trading view now. And this
215. 7:27is what you want to look for before
216. 7:30every attempt. So here we are on Trading
217. 7:32View. We're going to talk about some
218. 7:34trades I took this month with the team.
219. 7:36Now, if you don't trade live with me
220. 7:37every single day and actually learn as I
221. 7:39teach my students, I'll leave a link
222. 7:41down below so you can actually trade
223. 7:43with me and learn from me exactly
224. 7:44oneonone some of the ways I've taught
225. 7:46students to grow and make over $40,000 a
226. 7:50month. We've had over two students.
227. 7:53They've made over 40,000. We had a
228. 7:54student make over 50,000 this month
229. 7:56alone. And why? Because I taught them
230. 7:58101. No prerecorded [ __ ] No study
231. 8:02days. I was there every step of the way
232. 8:04for them and helped them a ton. So, if
233. 8:06you do want to be the next students, I
234. 8:07only work with a handful of people every
235. 8:09single month. I'll leave a link down
236. 8:11below where you can actually apply. Now,
237. 8:13as you look into this trade, as you can
238. 8:14see, we obviously are in a bearish
239. 8:16downtrend. Why? Because we have gap
240. 8:19down. If we moved down, we're always
241. 8:20going to be looking at the five minute
242. 8:23gap, right? The five minute uh time
243. 8:24frame. So, we're going to f our latest
244. 8:26leg, which is right here. And as you can
245. 8:28see, we hit RGP right here. But why did
246. 8:31I not take this first trade? You're like
247. 8:33Antonio, hey, we've rejected the golden
248. 8:34pocket beautifully and then we came
249. 8:36down. The main reason is what do I see?
250. 8:38Chop. So, because here we have chop, you
251. 8:41need to avoid this. What do we want to
252. 8:43look for? We want to look at Vshapes,
253. 8:44right? We want to look for these Vshapes
254. 8:46that we get right here. And why we want
255. 8:48to look for those Vshapes? Because we
256. 8:50want to enter after manipulation
257. 8:52happens. You understand? After
258. 8:54manipulation, it's the best time to
259. 8:56trade the move. And this right here, the
260. 9:00chop was to a lot of people start
261. 9:01shorting too early, too impatiently.
262. 9:04They shorted here, stops them out, and
263. 9:06then it gives you the true move. So now
264. 9:08I'm going to draw my bullish gap, which
265. 9:10is right here. I'm going to wait for
266. 9:11price to close below it. And once we get
267. 9:14this candle closure below it, and we got
268. 9:16this Vshape that got deleted, I'm going
269. 9:19to enter a short position. For this
270. 9:21example, I'm simply going to use one
271. 9:23mini for every trade. stop loss above
272. 9:25the high targeting the latest lows which
273. 9:29in this case will be the pre-market lows
274. 9:30going break even after a one tor uh
275. 9:34trade. So in this case I'm going to sell
276. 9:36going to short one and we're just going
277. 9:38to let this play out. We're going to be
278. 9:40targeting this low right here and we're
279. 9:42going to put our stop loss above and
280. 9:44then we're going to see what the outcome
281. 9:45is going to be. So in this case I move
282. 9:47this up a little bit so you guys can see
283. 9:49we let the market just do its thing.
284. 9:51Your job after this is just to let the
285. 9:54market play out. Let the market play
286. 9:56out. Let it show you its hand and just
287. 9:58wait for it to move. So you can see this
288. 10:00would have played out perfectly. You
289. 10:01never came back above the high and you
290. 10:04keep that's your win for the day. You
291. 10:06can be done after the win. If you take a
292. 10:08second trade, go ahead. But if you have
293. 10:10a really good win that's over two hour,
294. 10:11I highly recommend you take the day off
295. 10:13or for the rest of the day. Now let's
296. 10:15take a look at a bullish example, guys.
297. 10:17The same idea applies. What do we have
298. 10:19here? We have a bullish trend. We have a
299. 10:22bullish trend going to this market. And
300. 10:24all the way under here on the left, we
301. 10:26have a lot of room to retrace into. We
302. 10:30have a clear target above sitting at a
303. 10:31forward gap around 29,790.
304. 10:36So during this bullish trend, as we're
305. 10:38going into New York open, we want to
306. 10:40about our latest leg. Our latest leg
307. 10:42would currently consist of this low
308. 10:45right here and this high right here. If
309. 10:49this were to retrace deeper into here,
310. 10:52then you can fib out this leg or you can
311. 10:55f out this bottom leg. But in this case,
312. 10:57I'll be keeping an eye on the latest
313. 10:59bullish leg. And why is this also the
314. 11:00latest bullish leg, guys? Look, it gave
315. 11:02a retracement after the chop, bounced
316. 11:06perfectly into this five-minute gap, and
317. 11:07gave us the next leg higher. See that?
318. 11:10So, it's a really important low. This is
319. 11:12a key low that we should not be
320. 11:14retracing back down to if we're going to
321. 11:16continue this bullish trend. And our job
322. 11:18is to follow the trend. Why is our job
323. 11:20to follow the trend? Our job is to
324. 11:21follow the trend because that's going to
325. 11:23be the path of least resistance
326. 11:24following what the market wants to do.
327. 11:26We get our closure above our version gap
328. 11:29right here. So we can enter with one
329. 11:32mini and we can target. We're going to
330. 11:35set our stop loss below the next candle
331. 11:38our 1.5 or 2our trade and then we're
332. 11:41just going to let this play out. Set
333. 11:43this here. Set our TP. Set our stop
334. 11:46loss. And we simply just let the market
335. 11:49do its thing. Guys, it's really
336. 11:50important. You just let the market do
337. 11:51its thing. A lot of people want to
338. 11:53premove the market. They want to enter a
339. 11:55trade before the market. They want to
340. 11:57they see the P&L and they get scared.
341. 12:00No. If you have a trade, you have a
342. 12:02plan. Exactly what you should be looking
343. 12:04to do. Just let the market play out.
344. 12:06Take a breather. Take a step back.
345. 12:08Everything will be fine. You lose the
346. 12:09account. It's all part of the process.
347. 12:11You need to learn to become a good loser
348. 12:13to actually start winning. The market is
349. 12:16unlike everything else. It's not a game
350. 12:18you're trying to go 100 and zero every
351. 12:20time. You will take those losses. The
352. 12:22only thing you can do is actually learn
353. 12:24from them and get better. Look what you
354. 12:26could have done better. If you follow
355. 12:27your plan, it's totally fine. Sometimes
356. 12:29you will lose. Let's take a look at a
357. 12:32third example. We're simply going to
358. 12:34about again, guys. It's the same steps
359. 12:36each time. We're going to about our leg.
360. 12:40See these bonds from the GP. And now we
361. 12:42see some chop happening, right? We see
362. 12:44we see a V shape here but we have now
363. 12:47gotten what's our nation our inversion
364. 12:48for volap. This is this is a nice V
365. 12:50shape we got right here. So all we're
366. 12:52doing we're sitting on our hands and
367. 12:55we're waiting for inversion for volap.
368. 12:58The difference between this you see got
369. 12:59V shape here. If this came down and just
370. 13:01sat here like just did this like real
371. 13:03weak small candles those are the that's
372. 13:06the chop you want to avoid. So where's
373. 13:08our fivem minute fal gap here that we
374. 13:10can wait for entry simply right there.
375. 13:12Look at this. This one we've been
376. 13:13rejecting. So, we know we're getting a
377. 13:16lot of aggressive buyers here. Just
378. 13:17there's a wall there. So, the walls
379. 13:19right here. But when if we can break
380. 13:21above this wall, price can really rock
381. 13:23it. And you should be just waiting and
382. 13:25waiting, not deviating your plan. Do not
383. 13:27fall in love with watching in one minute
384. 13:30and getting extremely extremely
385. 13:32impatient. So, you're just going to be
386. 13:34waiting for the closure above that gap.
387. 13:36So, we just let this play out. We get
388. 13:38our closure there. I went a little bit
389. 13:39above it, but whatever. It's fine. We're
390. 13:41going to set our stop loss below this
391. 13:43loaded close above this for gap
392. 13:44targeting our usual two trade. We're not
393. 13:48trying to get greedy. We're just trying
394. 13:50to follow our rules and get to the
395. 13:52payout. If some dimes trade is mooning,
396. 13:55can you push it past the 2 hour? Yes, go
397. 13:57for the 3 hour. Go for the 4 hour. I
398. 13:59don't want you chasing, but if it does
399. 14:01happen, let it happen. So, it comes down
400. 14:03and we hit the P. We avoided hitting the
401. 14:07uh lower right here and this trade.
402. 14:08Exactly. We have this low just by a
403. 14:11little bit and we got our full TP right
404. 14:14there. Now, I hope this video helped. I
405. 14:16hope you actually learned something. If
406. 14:17you did so, please subscribe, like, and
407. 14:19comment. And if you do want to join my
408. 14:21team, please check out the link down
409. 14:22below. I'll see you guys the next