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Most of them preach it but only trade in demo! Most of them don’t make money from trading, but they make a killing on TH-cam from talking about it! But unfortunately that’s what’s popular. Appreciate you. 🫡

Thank you for sharing. 4% annually is not appealing for most people but I know on the right account size it’s more than acceptable.

Yes don't get me wrong as I am on my account of 300 k Took me many years to build up on it How I trade is I don't look at how much I am making but on how to protect my capital as in the long run with strict rules and no greed 🙏🙏

That makes sense. I was actually considering doing something similar. I was going to open a trading account with £100k of my personal funds, with the intention of making 5% annually. (Keeping it above inflation). It would mean I only needed to make about £105 a week to achieve that. Very achievable. However, I know it requires discipline. Something I’m still working on. How did you overcome the greed?

Yes that is good as well Lots of people don't know that the small takes are less risky The way you do it like me always wins in the long run I met a man he was 78 years old as he got me in CFDs he said if you keep it below 6 percent return and risk 0.5 percent of your capital as because the market will change as he knows as he has been trading for over 50 years as I was happy he told me the secret on the percentage His the man that told me negative risk reward is the safest way as he started with 1000 dollars and made millions 🙏😊

​@@supplymydemand6816 With greed it will always will take all your money The system I use on my capital I risk 0.5 it's to cover my losing streaks as well of if the market changes I had a tip of a man I met as he traded for over 50 years his over 80 years old and I am happy he told me a secret so I been doing it as in profit over 4 years

If this is a genuine question… I use a 2:1 at most because I know if I lose the trade, it would only take me two trades to be back where I was. So ask yourself… are you okay losing the equivalent of 20 wining trades? And do you need to risk so much to win $10? I have a question for you… how many pips are you scalping to get that $10?

@supplymydemand6816 10 pip

@ so at 20:10 you’re risking 200pips? You’d probably win a lot of your trades but that one loss would be very difficult to recover from. I’d suggest you need to back test more and find out how much pips you need to actually risk to be profitable and be able to recover losses when they happen.

@@supplymydemand6816 Just trade in range market

@ i said to myself the only way you could find consistency in that is in a ranging market. I’m assuming you use EMA’s to confirm price is ranging?

Thanks 🫡

Do you mean the 6% max stop out? If so, I agree strongly! It should be 10% if profit target is 10%.

@ Exactly. Also, you are essentially trading your own money until you make 300%. Only recommend high stakes. Logically speaking 👍

Yeah, the numbers stack up better and having a max 10% stop out makes a huge psychological difference. I may be purchasing one soon to take part in their trading competition. Just need to run the numbers again.

@ See you in the comp!

You’re welcome. What and how many setups do you trade?

Yeah, data will definitely give you confidence. I’m glad to read you’re risking 0.3%, cause I was going to warn you about the pitfalls of overconfidence but at 0.3% risk, it sounds like you’re aware of it. How long have you been trading for? And thanks for sharing (that’s useful data).

@ yeah man. I havent been trading fully but ive been doing it since i have been 12/13 im now 20. I lost money on fx before i was 16 with friends money then family money too. Lost even more from 16-20 spent loads on courses like 3k on different ones but last 4 months i just doing my owm thing and so far seeing its much better. And yes data is useful i would say to everyone just to check which sl is best or even tp

@@gtadone interesting. What did you learn from the courses you took? And what strategy do you trade currently?

@@supplymydemand6816 to be honest from the courses i didnt learn much, i learned a bit about certain things like how i could implement them better. i used to only trade ict concepts untill the aforementioned 4 months ago. now i use liquidity plus momentum. high and low of the day i place stop orders on highs i do buy stops and opposite for the low ofc. but im going to also do more data testing. probably atleast 5 years

I grew up in South London but I’m based in East nowadays.

EU has a large enough daily range to get 10pips. If I go for 5pips, it’s cause I’m going against the market or I’ve seen something that makes me thinking I won’t get the 10pips.

Great question… I’ll address it fully in a video. But I’ll say this much for now… I passed all my evaluation phase mainly on the strength of my back-tested strategy. You need to back test and find something that works… have a game plan before you start trading and just stick with it.

I actually have a few questions for you. It will help me understand your problem better and maybe I can offer a solution. How many pairs do you normally trade? What’s the account size you’re using and what’s your standard Lot allocation per trade? What strategy do you trade? What session? How many trades a day? And… what’s your risk to reward per trade?

Thanks for the support 🫡

The norm is clearly not working 😅 I may have to quote you in a vid lol that’s a great perspective!

Mainly one (EURUSED) but if it’s having a low volume session, I look at Nas100 or GBPUSD.

Same thing happened with me. It takes the emotion out of trading, which one of the main reasons traders fail. Thanks for sharing.

I agree and that in-part that’s one of the reasons traders fail… the misinformation. Thanks for your support.

Exactly! I’m actually reviewing my RR and I’ve found a better formula that gives me the reward at a faster pace… I’ve found I haven’t needed to risk 1:0.5 because I have an average high win rate. So I’m trying to maximise my reward but without increasing my risk too much… video pending.

​@supplymydemand6816 is this video coming out? 🙂

lol my bad… I’ve been really busy with a property renovation and the kids were off school for summer but I’m slowly starting to get back into my routine. Therefore I’ll be back on the charts and posting soon(ish). Just need to decide on paints 😅

@@supplymydemand6816 decide on paints later , post vidoe first XD

If that's the case why does a lottery company stay profitable long term using a negative rr?risk thousands of dollars to take gamblers 10 bucks

😂

That’s what insurance companies do on every car , small monthly premiums for a high risk on your car and guest what , they’re always in profit and still in business

High stakes accounts allow you to risk more but now I’m a more experienced trader… I definitely wouldn’t recommend it.

I never considered it from that perspective but it’s a valid point. Mortgage companies do it too for as little as 2%

​@@supplymydemand6816 Exactly. Borrow money for a house worth 100,000 dollars, rent it for 1,000 a week. Small wins

but they have 99.99percent win rate lol

@@litmyanmar9380 probably not that high. maybe 90%. also depends on your risk/reward. They are not risking 2 to make 1.

Yes but I also have my own personal account.

​@@supplymydemand6816 Very good sir, I've been studying for 3 months, and now I'm thinking of getting a funding account because I don't have much capital. I wish you more success

Start slow and don’t risk too much per trade. At 3 months, you probably still have a lot to work on… especially on how to control your emotions when trading. Risking less will help.

It depends on which account you are trading. High stakes account, you only get a profit share after passing the funded account (not the evaluation accounts). And it ranges between 80-100% as you progress. The hyper growth program you get a 50% profit split once you pass the first evaluation account and it increases as you progress.

That sounds solid! How long have you been trading with this method and do you have a daily target to help you avoid over trading? I use to have a big problem with over trading when I started scalping… so how do you define the end of your trading day?

@@supplymydemand6816 I know what you mean. I do have a daily guide target. Depends what time of day it's reached and what the market is doing, though. Funny thing is, after seeing how effective it is my anxiety levels have plummeted, and that in itself reduces the desire to revenge-trade because even if I do have a losing day, I know I'll make it back quite easily. In fact, revenge-trading is a thing of the past. Over-trading is reduced because I'm already taking quite a few trades anyway. But generally, if I've reached my guide target and I want to step away or whatever, I'll just reduce lot-size way down. I'm towards the end of developing an EA to automate adding-in and closing positions, which also helps reduce over-trading. I have to say, though, most losses I take end up being mistakes because not long after they hit B/E. (Except once in backtesting when it was in DD for 19-days). I just don't want to get cocky, though. Been using it for around a year. Inspired by Shawn Lucas (exceptional trader) and Jean Francois Boucher (also inspired by Shawn) - mine is a variant

​@@supplymydemand6816 I wrote quite a lengthy reply yesterday but it's not showing. Dunno if it's stuck in approval or YT has lost it but I daren't write it again in case it's lost again.

Your comment about how your anxiety levels have dropped made smirk… the same thing happened to me when I committed to the process and started refining what works for me. I didn’t get an alert on your reply… I just jumped on now to check, just in case TH-cam missed it. I’ll check out the traders you mentioned. Thanks.

I really don’t like discussing my financial situation online (never know who’s watching)… however, I am still trading a live account with the 5ers and I will update my progress when I reach a significant milestone.

Unfortunately not both… but I am currently trading one live account and my personal account.

I understand your concerns. What’s interesting… it was a prop firm that introduced me to trading with a negative RR and they imposed a maximum risk on their live account of 0.5% per trade. So risking 0.5% and trying to make 0.25% (risking 20pips trying to make 10pips) isn’t crazy. I think if you trade with reduced risk and you’re patient, you’ll be able to hit the 10% target. The odds will be in your favour if you have a win rate above 75% so it’s only a matter of discipline and patience. You could also adjust the risks to 1: 0.5% but I’d only do that once you have found consistency with your setup.

That’s great to hear and I understand fully. I went through a similar journey. It’s rare to hear about people who actually trade using a negative RR, so I’m as glad as you are for the discovery and Sub. What ratio do you use?

I also trade negative. 1:0.33 Changed everything

@krino8137 how long have you been trading with a negative RR?

@@supplymydemand6816 about 10 months, c 90% winners. I take exactly 1 trade per day. Winner, loser, don’t matter. Longest winning streak 32 days. Never 2 losing days in row, I am sure they will come some day.

@@supplymydemand6816 don’t know where my previous comment went. About 10 months now

Thanks Dan. How’s your trading journey going?

​@@supplymydemand6816 Not bad mate. I've got a small personal account and I'm working on a couple of challenges at the moment. You know the script, it's all about the grind! How's yours? How much funding are you up to nowadays?

@@supplymydemand6816 Yes mate, it's going well thanks. I'm working on a small personal account and a couple of challenges at the moment. How much funding are you working with nowadays?

Same actually. I’m grinding a 5%ers account currently but I’ve put a lot of funds in my personal account. I’m moving away from the trappings that come with trading prop firm capital. The carrot that they dangle can put unnecessary psychological pressure on you which could lead to over trading. On my personal account I’m more disciplined.

​@@supplymydemand6816what do you mean mate. I was going to bought a funding account for $39 of 5k in 5ers should i buy or should i not plz give me a geniune advice and you said your pressured could you plz type the whole scenario with 5ers will be waiting for your good advice and story

In relation to the ICT setups… I’ll expand on this in a video. A 80%+ win rate is possible but not guaranteed. Don’t focus on the win rate, focus on your discipline, being patient and risk management. Even with a 70% win rate using a negative RR 1:05 you can still be profitable. Which ever pair/instrument you choose… the key is to focus on them and learn their behaviour. Are they volatile? When’s the best time to trade them? Do they tend to generate liquidity and run it before moving off etc. Thanks for your question.

@@supplymydemand6816 You explained really good thanks for your answer big brother. Yes the most important thing is your trading strategy rules , your risk management and your discipline and learning how the market moves. I am thinking 15m time frame for trend confirmation , and then taking a liquidity (swing highs and lows and fvgs) , then go back to the 1m timeframe and using unicorn model in the silver bullet time zone. fvg entry , your stop loss is the safest for unicorn model (first fvg candle's low or high , or breaker blocks low or high which one is safest , put your stop loss there) , and using killzones and their characteristics as well. That is my strategy and I backtested last 50 trades for gbpusd and 50 trades for nasdaq , totally 100 trade and it is 1:2 %60 winrate , 1:0.5 almost %90 , thank you for your answer king

That’s amazing numbers and thanks for sharing. I’m glad to see you’re not just taking my word for it and you’ve backtested using a negative RR. It seems you have a winning formula. The key now is discipline and patience. The financial rewards will follow naturally.

@@supplymydemand6816 thank you so much big brother , i am a huge follower of you. Your ideas changed my mindset and i am about to start winning as soon as possible . Thank you <3

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I don’t fully understand your question. If you’re asking whether I use a negative Risk to reward ratio… the answer is yes. Make sure you check out the most recent video. I give a live trade example.

@@supplymydemand6816 yes that's what I was asking brother.

Lot size depends on the account. I use a negative 2:1 ratio. So risking 20pips to win 10pips. Better yet… I’ll address this in my next video, as it’s a good question.

@@supplymydemand6816 will be looking forward to it.... just subscribed.👍

Thank you for your support. This is why I keep sharing my videos for people like you who are trying to become better traders. Ive made mistakes but I’ve focused on becoming a better trader. I know if I can address the psychological aspects of trading the financial rewards will follow. So that’s been my focus recently. Being more patient and learning from my own experiences.

On average… 80% over two years of trading. High win rates are possible if you’re scalping and following certain principles like selling from highs and buying from lows.

@@supplymydemand6816 wow 🤩 that’s nice.. so you’ve been trading with negative risk to reward for over 2 years now? That’s nice I want to adopt that trading style. What do u think bro

On and off. When I learned how to scalp supply and demand zones I was using a negative R:R. 2:1 (that’s how I was taught). Then I started trading reversals, R:R 1:1 But now I’m going back to what works for me, which is 2:1… that gives me more wins and I’m okay with small scalps nowadays, as I’ve become a more disciplined and patient trader. If you have anymore questions on the subject, let me know and I’ll discuss it in a video.

You need 3 profitable days. A profitable day is making 0.5% of the account balance to qualify.

I see that working. My setups are usually good for 1:1 I may give that a go. Thanks for the suggestion.

🫡

I appreciate that. Comments like this remind me why I’m sharing my trades.

Yes I am but taxes aren’t something I can advise on, as I am not a professional accountant. You should be able to find all the info on gov.uk (it is there btw).

I get your point but you need to think about the end game. Are you trying to complete a challenge or are you trying to achieve financial freedom. Financial freedom is slow and routine. I’m in Dominican Republic as I write btw.

These prop companies are breeding gamblers not traders that's why you got young boys like this

All is good. I just need to change my schedule… thinking about learning how to play the piano 😅 How’s things with you? I’ll checkout your suggestion. Thanks. 🫡

Thanks. Much appreciated!

Im not quite sure what you mean by that Sir, can you rephrase?