You Don’t Need to Be Good at Trading to Profit. Here’s Proof! — Transcript
Full transcript
- 0:00I'm going to scale this up to $800,000.
- 0:02Now, you might think I'm crazy for this,
- 0:04but hear me out. I'm so excited right
- 0:07now. I started this account with $10,000
- 0:10exactly a month ago. 1 month later, I'm
- 0:12up $1,175.32.
- 0:16That's 11.7% profit in just 30 days.
- 0:20Investing in the S&P 500 gives you 10%
- 0:22annually. The best part is I didn't even
- 0:24use my own strategy. I spent zero time
- 0:27on the charts. I just entered trades
- 0:29every single day. The most important
- 0:31thing that you can do is prepare.
- 0:33There's a famous quote that I really
- 0:34like. If you fail to prepare, prepare to
- 0:37fail. This is the whole concept of why
- 0:39you should first back test and then you
- 0:41should forward test on a demo account.
- 0:43Prove that the strategy is profitable,
- 0:45then and only then actually use real
- 0:47money to trade a live account. I've done
- 0:49months of back testing and forward
- 0:51testing on a demo. It all worked. So, I
- 0:53put it on a live account. For me, very
- 0:55low risk, only $10,000. Seeing these
- 0:57results in the first month has given me
- 0:59the confidence to make the decision to
- 1:01scale this up as hard as I can. So, what
- 1:04I've decided to do is instead of trading
- 1:07this only on the $10,000 account, I'm
- 1:09going to scale this up to $800,000. Now,
- 1:12you might think I'm crazy for this, but
- 1:14hear me out. If you guys don't know what
- 1:15this is, let me give you a quick
- 1:17explanation. So, there are companies out
- 1:19there that are called prop firms. Prop
- 1:21firms have these things called
- 1:22challenges. If you have proven to
- 1:24yourself that you're a profitable
- 1:25trader, you can take one of these prop
- 1:27firm challenges for any specified
- 1:29amount, whether it's $5,000, $100,000,
- 1:32or $200,000. Prove to them that you can
- 1:35make 10% profit on that account. After
- 1:38you've earned 10% profit on these demo
- 1:40accounts that they give you, then they
- 1:42give you real funding in a real account
- 1:45that you trade with real money. So,
- 1:47using this exact same strategy with the
- 1:50$10,000 account, I'm now going to
- 1:52attempt it on four accounts
- 1:55simultaneously. Each account is going to
- 1:57be $200,000.
- 1:59In total, $800,000
- 2:01of funding. I went for the biggest
- 2:03accounts they have because I'm very
- 2:05confident in the results that I'm
- 2:07getting. So, I went for the $200,000
- 2:09account, but they have anything from
- 2:10$5,000, 25,000, 150,000, or 200,000.
- 2:14Most normal challenges are two phases.
- 2:16So, you have to get 10% profit on the
- 2:18first phase and 8% profit on the second
- 2:20phase. Or you can choose the one phase
- 2:22option where you only need to pass one
- 2:23challenge. Now, these are the trades
- 2:25that I'm taking every single day. We
- 2:28give these trade ideas on the Discord
- 2:30group. And basically, I just have
- 2:31notifications turned on. I get in on
- 2:34these trades every single day without
- 2:36doing any chart analysis, without
- 2:39thinking about market structure, without
- 2:41looking at divergences. I just get on my
- 2:43trading platform and I trade these
- 2:46trades. This is so convenient for me
- 2:49because it opens up dozens of hours
- 2:52throughout the week that I would spend
- 2:53sitting on charts. Instead, I can do my
- 2:55normal work, continue on with my normal
- 2:58life, and just occasionally get a
- 3:00notification on my phone, enter a trade,
- 3:02and just let it ride out. Now, this is
- 3:04what I'm personally doing. I've seen
- 3:06great results. I'm going to scale it up
- 3:09and I'm going to update you every single
- 3:11week on this. Whether it's a YouTube
- 3:13video or just a quick note in my
- 3:15Telegram chat, all of it's going to be
- 3:17documented. Weekly screenshots, all of
- 3:20the trade setups, all of the results,
- 3:22all of the wins, all of the losses
- 3:24because losses are a part of the game.
- 3:26So, if you want to follow along this
- 3:28entire process, most of the updates are
- 3:30going to be on the Telegram chat. And
- 3:31then occasionally I'll post a video here
- 3:33on the YouTube channel showing you all
- 3:35the breakdowns, taking a deep dive into
- 3:37the dashboard and seeing every single
- 3:39trade, all of the profits, and all of
- 3:41the losses. And for those of you
- 3:42wondering, yes, I'm still working on the
- 3:44Grow Your Small Forex account challenge
- 3:46where I started with $20. You can see
- 3:48that right here. Um, started with 20
- 3:51bucks, past level five. I'm currently at
- 3:54a total balance of like $75 and change,
- 3:57but that's not bad. Almost 400% profit
- 3:59on a small account. So yeah, I'm still
- 4:00going to do the small account challenge,
- 4:02but it's not the primary focus. The
- 4:04primary focus now is scaling what's
- 4:07working extremely well. Why? Because if
- 4:10I can repeat the 10% profit per month on
- 4:14every one of these accounts, total
- 4:16profit per month earned is going to be
- 4:18$80,000.
- 4:20That's life-changing money. Not $80,000
- 4:22a year, $80,000 a month. And if you guys
- 4:26hate math as much as I do, here's a
- 4:28breakdown of 10% profit on all of these
- 4:30account challenge sizes. Again, this is
- 4:32what I'm doing personally. I'm not
- 4:34telling you to do the same thing. I'm
- 4:36seeing fantastic results and I'm going
- 4:39to strike while the iron is hot. I would
- 4:41love for you guys to follow along this
- 4:43journey and watch the progress that I
- 4:45make on this. And for those of you that
- 4:47are already in the Discord community and
- 4:49you're seeing the good results and
- 4:50you're ready to start scaling, but
- 4:52you're kind of on the fence like, I
- 4:53don't know, you've taken the same trades
- 4:55that I have, you've made the same
- 4:57profits that I've had, you have the
- 4:59proof, now it's time to start scaling.
- 5:02Don't let analysis paralysis get in the
- 5:04way. Anyway, I hope you guys enjoyed
- 5:06this video on how I'm scaling this
- 5:08account. But for those of you curious,
- 5:10if you want a fat discount, just use the
- 5:12code TMA15
- 5:14and you'll get a fat discount on your
- 5:16trading accounts if you want to do this
- 5:18challenge thing. Thank you so much for
- 5:20watching and we will see you in the
- 5:22follow-up video where I'll start showing
- 5:23you my results.
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