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Scalping My Way to $5,000,000 — Transcript

by The Moving Average · 849 words · 115 segments · language en · Watch on YouTube

Full transcript

  1. 0:00As most of you guys know, I've been
  2. 0:01trading a personal $50,000 account for a
  3. 0:04really long time, but now it is time for
  4. 0:06me to actually be a funded trader, have
  5. 0:09a larger capital to trade with, which
  6. 0:11makes my income much bigger. Everybody
  7. 0:14here watching knows I've failed numerous
  8. 0:16funded account challenges because of the
  9. 0:18time constraints and because of the
  10. 0:20recklessness and the mistakes that I've
  11. 0:22made on live streams. But as you can see
  12. 0:24right here, I just purchased another
  13. 0:26account through Funded Pro. I like this
  14. 0:28company because they do not have a time
  15. 0:30limit. You can trade as long as you want
  16. 0:34just to pass this challenge. And what
  17. 0:35I'm going to do from Tuesday forward is
  18. 0:38not do the standard one to two risk to
  19. 0:41reward ratio. I'm going to dramatically
  20. 0:43reduce my risk to point two five percent
  21. 0:47or point five percent per trade until I
  22. 0:50get comfortably in profit. I want to see
  23. 0:53at least five to eight thousand dollars
  24. 0:55in profit on the account before I start
  25. 0:58increasing my risk ratio. Then and only
  26. 1:01then, I have that nice buffer zone, I
  27. 1:03will move each trade into one percent
  28. 1:06risk shooting for a two or four percent
  29. 1:08take profit. The strategy that I'm going
  30. 1:11to be using is going to be a scalping
  31. 1:13strategy on the five or the one minute
  32. 1:16time frame drawing up support and
  33. 1:18resistance levels on the one hour time
  34. 1:21frame to show me my levels, then
  35. 1:23dropping it down to a five minute
  36. 1:25focusing on only London session. So I'm
  37. 1:28going to get tiny tiny moves not during
  38. 1:31the volatility of New York session. And
  39. 1:34once price reaches my marked up zones
  40. 1:36and I get a signal from the happy trails
  41. 1:39indicator, I will take my short position
  42. 1:41or my long position. And if it happens
  43. 1:43again like it did right here, I will
  44. 1:45take both. Both of these were one to two
  45. 1:48risk to reward ratios. But again, I'm
  46. 1:50going to reduce my risk to about a
  47. 1:51quarter of a percent or a half a percent
  48. 1:53per trade. So I worked out got with
  49. 1:55Funded Pro to give you guys a discount
  50. 1:57on all the funded account challenges. If
  51. 1:59you click on the link below, you're
  52. 2:00going to get a 15% discount on either a
  53. 2:0425, a 50, 100, or a $200,000 funded
  54. 2:07account challenge. It's an 80/20 profit
  55. 2:09split, and you can scale your account up
  56. 2:11to $5 million, which I'm really excited
  57. 2:13about. Cuz if I can get to that level
  58. 2:15and I'm making 10% profit on a $5
  59. 2:16million account, means I'm making
  60. 2:18$500,000 a month, which is half a
  61. 2:21million dollars, and it's just like
  62. 2:22Rolexes and vacations and Lambos. Like,
  63. 2:25I'm going to have a 15-car garage, which
  64. 2:27would be really ideal. Cuz right now, my
  65. 2:29day trading income literally only pays
  66. 2:31for vacations four or five six times a
  67. 2:34year. It's supplementary income right
  68. 2:36now. But if I can transition it into the
  69. 2:37main source of income, woo, it's going
  70. 2:40to be good. So, what I'm going to do to
  71. 2:42sweeten this offer up just a little bit
  72. 2:44is actually the next 250 people that
  73. 2:48sign up using the link below, I'm going
  74. 2:50to do an email shoot-out to these
  75. 2:53people, and over the next few months,
  76. 2:56I'm going to do two live trading
  77. 2:58sessions that are invite-only from the
  78. 3:00people that signed up. Just so that we
  79. 3:02can run over charts, go over numbers,
  80. 3:05you can get an idea of how my trading's
  81. 3:06going, and maybe during that session, if
  82. 3:08we see a good setup, we can take a trade
  83. 3:09together. Sounds fair? That's what I
  84. 3:11thought. So, click the link below, sign
  85. 3:13up to Thunder Pro, start trading your
  86. 3:15funded account with me starting on
  87. 3:16Tuesday. I'm going to be posting my
  88. 3:18trades on the Telegram group, so that's
  89. 3:21also linked down below. Really excited
  90. 3:23about this. Really hope I don't fail
  91. 3:24again. But I'm going to be adamant about
  92. 3:26my rules. If I don't see my setup that
  93. 3:27day, I'm not going to trade. So, I'm
  94. 3:29assuming this is going to take me about
  95. 3:302 months to pass doing my low risk at
  96. 3:33start and then moving my risk to reward
  97. 3:35up. The reason I have not been able to
  98. 3:37pass before is because my time
  99. 3:39constraints with all of my other
  100. 3:40projects, all of my other companies, the
  101. 3:42YouTube channel, video production,
  102. 3:44managing all of my staff, some days I
  103. 3:47just do not have time to trade, and so I
  104. 3:49will force a trade, and that forced
  105. 3:51trade never plays out. Waiting for
  106. 3:52perfect setups and for my indicators to
  107. 3:54print, that's what's going to get me
  108. 3:56there. If you guys want to watch my last
  109. 3:58failure on a funded account challenge,
  110. 3:59you can see that video right here. I
  111. 4:01actually got to the profit target, but I
  112. 4:03went over the daily
  113. 4:05allowed loss. So, watch that right here.
  114. 4:08Thanks so much for watching and we will
  115. 4:09see you in the next video.

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