The Trader BANNED From All Prop Firms | WOR Podcast EP.92
ฝัง
- เผยแพร่เมื่อ 7 มิ.ย. 2024
- In this episode of The Words of Rizdom Podcast we are joined by Limitless Nouman, a Millionaire Trader who managed to get banned from every prop firm in the trading industry with his secret trading strategy. This strategy is so lucrative, it allowed him to make over 7 Figures in prop firm withdrawals. Nouman also speaks on the past drama with Raja Banks and his Broker and what his steps are after becoming one of the most talked about prop firm traders in the world.
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Email: riz@wordsofrizdom.com
Timestamps:
0:00 - Introduction
2:44 - Being targeted by prop firms
9:23 - Betrayed by a close friend
18:39 - Using HFT to pass prop firms
26:58 - Why Noman got banned
31:48 - Total payouts achieved
33:53 - Conflict with Raja Banks
40:56 - Making millions as a Pakistani
43:25 - Investing in Dubai
47:29 - Where did Limitless come from?
49:43 - Noman’s Trading Strategy
57:20 - Fluid or Fixed Edge?
DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only
#trading #daytrading #propfirms #forex - บันเทิง
Riz, just wanted to drop by and say how much I value your podcasts. Your ability to bring in knowledgeable guests and extract their wisdom is remarkable. These podcasts always leave me feeling inspired and more informed. Keep up the fantastic work, Riz! Your efforts are making a real difference in the podcasting world.
The best statement I've heard that will remain engraved in my heart, "I'm a trader, I'm not influencer" 💎💎💎. It speaks a lot by itself.
come on you know better than this ,that man with the sunglass is telling lies so that people can follow him that all
i am also from pakistan and i know him very well ...he is not a scammer bri@@papistopreacher8671
Thanks Riz. We genuinely appreciate the effort you put into providing us with insightful perspectives on your podcast. These the stories we need to hear
The content of Riz is so Authentic, you can note the passion in all the interviews and sit downs, cheers Riz
Thanks so much for the kind words! Incredibly grateful to be able to do this full time now🙏🏼
@@wordsofrizdom would you want someone like this on SFT Traders? Would you fund him?
@@wordsofrizdom eyy howzit Rizz are u still mentoring students?
Big thank you to Riz for consistently bringing us these insightful podcasts! Your dedication to sharing valuable discussions, like this one featuring trader Nauman, is truly appreciated. These conversations will provide such a wealth of knowledge and inspiration. Keep up the fantastic work, Riz! Looking forward to more enlightening episodes ahead.
The way Norman explained everything clearly about bad brokers and propfirms is definitely the content I was waiting for to ask if all prop firm is trustable
Not sure about clearly..
He’s using a bot and propfirms found out so he didn’t get paid, from what I understand.
Please name one, only ONE, branch of trade, where all participants are trustworthy.
@@MCGamingBlackKid There are lots of prop firms allowing bots, if you wrote the bot yourself, and you are not selling the bot, so you´re the only user. The reason why prop firms do not allow the usage of bots you can buy is the risk that too many traders could use the same bot. Smart money is called that because they realize when liquidity is building up, which would always happen if a substantial amount of traders are using the same bot, and this liquidity would then always build up behind the stop loss of this bot. So even a profitable bot would turn into crap as soon as lots of people are using it.
The trader's perspective on failures as opportunities for self-improvement is truly motivating. Emphasizing self-reflection and growth seems key to navigating challenges and achieving success in trading.
I'm so lost...what is this man even saying. He hasn't answered a single question directly all interview 😂
The thing is he is profitable trader..
@@AliRazaMagsi11 he is not a profitbale, just using systems and fooling people like you. You wouldn't understand
Thank you riz for never disappointing ❤
There is always something to from your podcast.
So happy to have this video coming up
Can’t wait 🤲🏾🔥🔥🔥
your podcasts are absolutely fantastic! Your insights into the world of trading are incredibly valuable and have helped me level up my own trading game. I appreciate how you break down complex concepts into easy-to-understand nuggets of wisdom. Keep up the amazing work, ❣️✨
Honestly Riz, Your a true inspiration to the trading community. Time and Time again, you are releasing insightful content that people can either love or hate. Bringing on various individuals who have all experienced different journeys, is truly an incredible thing to watch especially if you are invested within the trading community. Wanted to Big you up and everyone behind the scenes. Amazing Work and Always giving huge gems in each video. God Bless🙏
Another Amazing Podcast with great guys . thank you Riz for all your Effort and hard work bringing us a lot of experiences
Always new content, always appreciated. Great hearing from different perspectives
Love to hear it, thank you for tuning in and for your support
Can't wait.
Thanks a lot Riz bhai you are doing fantastic insha'Allah i hope so i will also be there in front of you for a podcast 😊 these podcasts they all are very helpful ❤ nd inspired me,. motivate me, feeling confident instead of quitting after watching these all traders in your podcasts ❤
Thank you Riz you're doing a lot for the community big up to #SFT you guys are amazing ❤
Thank you Riz. This Popcast is truly extraordinary and very useful for me and for everyone,
I have learned alot from this interview with Limitless Noman, life is always not fair but that can not be a reason to stop you breaking your limitations. You can achieved anything as far as you believe in yourself. Your really doing a great job for bringing us this kind of contex Riz. More respect
Love to hear it, thank you!
Ma Sha Allah, Epic Discussion...Noman has been inspiring me for sometime...Well done both of you.❤
Amazing, loved hearing his story & how intelligent that Guy is. Riz maintained this interview very well. #sft #skilled 🎉
Keep these coming Riz. You and your team are great!
Gonna be a Masterpiece ❤🔥❤🔥
Shadeed mazeed waiting for this 😁😅❤.. 👍
insha'Allah ❤
InshAllah
Are you using 2leg lock with that specific software ?
U r a masterpiece bro
Riz I love what u do and you're unique in this space. So please hear my heart when I tell you this is the first interview you've done ever that left me a little flat. Was so looking forward to hear from Nouman but what I felt I got was:
- a guy named Matt did me wrong
- I got banned by all Prop Firms
- I know something no one else knows and have a profitable strategy but why would I share it
Like I say, absolutely love what you do and with the previous caliber of transparency of your other guests I have to say this one probably wasn't of the same level of transparency. More of a gripe. No shade on you mate you do great great work in this space but this one like I say left me a little flat.
You guys have recently started sft and I'd be happy to go with you just because of your level of transparency. Nouman's lack of transparency would probably hinder me from going with his prop firm when he starts for precisely the opposite reason as shown in this podcast.
I hope Ive not been out of line and much respect to all you do sir
Not out of line at all my friend.
I agree this episode doesn’t hold much to take away as a trader and more so focuses on Nouman’s recent experience being banned from prop firms.
I took this episode on more so as it was highly requested and to highlight that prop firms don’t just ban traders for no reason at all or target “profitable traders”.
Another episode is coming up shortly and is packed with value as always!
I appreciate your feedback though! 💙🙏🏽
@@wordsofrizdom Is Nouman banned on SFT?
I think so too. Norman kind of creates a matrix when asked about his strategy however Riz tried to glean him.
But then, Riz is Riz, you'll get value everytime especially if you listen hard(well) enough!
@@mudiarejite2525 value of knowing who to listen to (no one) and what to pay attention to (one's self)!
@@rkatz0yes
one of the best podcast in the industry. learned a lot from you. thank you very much
You’re welcome!💪🏼
Thank you for always providing new videos
Always! Another episode coming very soon too!
This has been the most underrated past... He has been gone through such worst situations to become a king in himself... Proud 👑
SFT you guys are amazing, I wish you and your team members the best results, and surpass all other prop firms and lead the industry. Everyone should join SFT to achieve their goals and best results😍😍😍😍😍
Another Great interview!
Thanks, Riz!
Words of Rizdom 's podcasts are like daily new success stories ❤.
This episode is a must watch ❤.
This podcast is signal from universe that I should start HFT this year 😅.
A masterpiece podcast, learn great things; upgrade with time and carefully choose friends. 🎉
I'm considering HFT too.
Whats HFT guys?
@@tumelomoloi9934 High Frequency Trading
@@tumelomoloi9934 I'm assuming it's High Frequency Trading
It works but you need a lot of capital
@@tumelomoloi9934nobody knows 😂
The Podcast Awards 2023 :- WOR Podcast !!
2024 First comment 😀
Love these podcasts. We get to hear the full story and not the one-sided social media thing.
That’s it! This is a neutral platform where anyone can come tell their side of the story, thanks for watching🙏🏼
This man is very straight to the point, I learned a lot from this episode, and it is true you do not say what is your edge on the market, unless you make profit for your Strategy.
Love to hear it, thank you for tuning in
Yoooo i can hardly get what he is trying to explain sometimes 🤦♀️
So at the end he did not manage to explain how his HFT works. So he has rules for sideway, up and down, and he does not wait for setup. Then says I don't trade sideways? My mans walking contradiction.
Genuine every time! True gentlemen despite what the community may think about the controversy online. Great podcast!
Nouman was great guest and he’ll definitely be back in the future!🙏🏼
#SFT the best trading podcast channel in the youtube ...salute to the rizz and the team ......its so motivational to see many traders and their hardships ....thank you guys
He got banned because of doing arbitrages, it’s also an issue for most brokers
Arbitrages were not done on prop firms.
@@sandysandeepful tbh I don’t give a damn but name one other successful trader that got banned from props when playing according to the rules
@@marekmizerski234 Andrew nfx, and note that these are influencers.
Something is up for sure
@@omarthetrader A prop firm is investing in an individual's ability. If that individual says he can do something and gets someone else to perform as if he was the one doing it, that is 100% dishonest. Let's cut out the BS and say it for what it is. I come from an age where right and wrong are as clear as day and night.
Seems like a genuine guy
You are really an inspiration for all of us ! Thanks Riz !
Can't wait to see the episode 👏💙
HFT's are tricky... prop or no prop, brokers don't like it... for a reason.
Proof it's all B-book at best.
Should be no problem if he's trading the real market. A-book.
Please explain the HFT to me
Yes it’s not sustainable
This is so true, I can't count how many of my accounts got liquidated after posting the trades on social media. Always som bs reason too. Prop Firms hate profitable traders.
Great Podcast.Was waiting for this podcast of rizdom eagerly.Skilled Funded Trader is the best.
I love it when you bring new traders to the space❤❤. Rather than using the same traders again and again
We have plenty more to come!
2024 just got hotter 😂😂😂😂
Here is the story :
Bro did HFT ,his friend exposed in terms of jealousy,Got banned by all. According to him. He do not wait for a setup..He knows all.
Well, i think Rizdom should have done some tough questions too lol
What is HFT?
@@MasculinityUnleashed8 complex algorithmic trading in which lrge numbers of orders are executed within seconds
@@MasculinityUnleashed8High Frequency Trade
@@MasculinityUnleashed8high frequency trading
One of the best information on the backend of how prop firms work, thanks.
I don't even understand what he's saying.
The accent is strong!
I dont think it's that lol
* The guest is a profitable trader who has been banned from prop firms due to his success.
* He has shifted to investing capital for private investors, which has a different structure than prop firms.
* The guest emphasizes the importance of social media presence for profitable traders, but suggests not to share everything.
* He believes his ban was personal and due to jealousy from a friend who shared fake messages and framed him.
* The guest has learned that having a high social presence and high profits can be risky with prop firms, as they might look for ways to get rid of you.
* Prop firms have a profitable business model and will pay as long as they are making profits. However, they might try to find reasons to ban traders if they want to get rid of them.
* The guest highlights the importance of understanding the business model of prop firms and the risks associated with them.
* He mentions that his friend, who introduced him to prop firms, became jealous when the guest became successful and started to feel the pressure.
* The guest emphasizes the importance of not sharing everything with friends and being cautious about who to trust.
* He believes that prop firms fear traders with influence, as they can be beneficial through interviews and promotion but can also be damaging if they speak negatively.
* The guest explains the concept of high-frequency trading (HFT) and how it's not illegal but can be risky for traders, as brokers may not allow it.
* He mentions that he never used any bots on prop firms and had the most advanced systems in the world.
* The guest highlights the importance of transparency and rules in the market to protect traders and maintain a healthy trading environment.
* He discusses the challenges of starting a new prop firm and the need for a solid financial structure, good finances, and a good revenue stream.
* The guest has considered starting his own prop firm with a different evaluation process and more transparency in trader performance analysis.
* He emphasizes the importance of analyzing trader performance during each phase, rather than waiting until the payout day.
I can. Can slow the speed of the video down. Or Riz could provide subtitles to his videos.
Again a trader not an influencer , have humility and couple it with acousticcassity lolll made that up On the fly love Family Peace
This Guy is a joke 😂
We're greatful for this platform
Always insightful, best podcast in the industry. Can't wait for more
Love to hear it!
Your first pod we don't get value. We are not here for testimony. We need traders insights how we can improve. Sorry riz.
Create your own channel then my friend, they provide variety. Appreciate it or show us how it's done.
The value is there. What if we went thru the same problem. It called an insight to prop trader dealing with prop firm conflict of interest
That’s fair enough, we have a value packed episode dropping today! 💙🙏🏽
If you pay attention to detail he said 3 vital things that can help you become profitable and those are his secrets but not indepth,... you can watch over n over if you are smart you will pick it, for me I got what I need.
I dont agree. You can learn by reading between the lines, profit from he's experience and personality. Peace.
Riz your podcast has so much information that traders need in order to prevent making mistakes in the Propfirm journey as it has its own rules that one needs to follow.
Shoutout 🎉🎉🎉@Riz
Love to hear it. Thank you!
You always drop a bomb episode everytime i have never watched podcasts but your podcast always provide info
Norman is a big name in the prop firm industry.......just like Roman reign is to wrestling 😂😂😂
BIG UP CHAMP!!!!!!!
THANKS guys FOR THE INTERVIEW 💯🔥🔥🔥
This is going to be an awesome interview 🔥🔥
Always loving these podcasts🥰😍😍
Love to hear it! Plenty more to come!
Been waiting for this podcast
Thanks for everything mr riz, You're legend
This podcast exposes a lot of valuable information 🔥💯
I absolutely can't wait Noman has been one I've always wanted to hear from
Wow this podcast is going to be interesting Riz with Nouman insha Allah I’ll be here on Thursday let me set to notify me with exact time 🎉
Today's podcast was very educative ❤❤❤
Big thanks Riz for bringing in Nouman.❤HFT i used to find really confusing earlier.
I can really feel myself present in this podcast ❤ very enlightening
I was waiting for this podcast.Nice to see Fellow Pakistani Trader at your Podcast
Was a great Interview 🎉
Can't wait❤
I like the way the Conversations goes its not only Q and A but a talk not interogation
Good to hear
Love all the value you bring. It's like the book trading wizards where you hear all the struggles of what a trader have to go through
Best trading channel awards to Words Of Rizdom 🎉🎉🎉🎉 let's goo!!
Anticipating 🔥🔥🔥
I’ve learnt to keep my success personal,you never can tell the heart of the person you call your friend.
Thank you, SFT, for your videos
Wow it's really nice to share this type of contents 🔥🔥🔥🥶🥶🥶🥶
Thanks Riz. the pod is crazy
Excited already
the host comes accross as genuine. i like this dude. he’s got good intentions with this podcast.
Love to hear it, thank you!
Honestly this is one of the most entertaining podcast you've made😅, Bigs up Rizz
I really Learnt alot🎯🎯
More of this rizz
Thank you Riz for this, so insightful. I miss Noman twitter days, very inspirational
Good to hear it! Another mega episode dropping today!
@@wordsofrizdom I’ll be here💯💯
Can’t wait to get on with Skilled Funded Traders…i just love the CEOs
Wake up and buy. Great Podcasts. Thanks for coming Limitless 👍
Thank you for tuning in
Thank you Riz for the word of wisdom
Mehn this podcast is gonna be lit🔥 can't wait to watch
This man is realy have so much information to give us about trading thanks brothers
This podcast grew so much❤❤
So so so much!
Excellent content! Lots of good information!
😂😂😂😂😂😂 this guy has to be the most halarious person to come.
Everyother person is always like too formal or too direct.
But even without trying you cant help but see the humour in-between his message.
Its a fine blend of the word and phrases he choses to express himself and the accent.
Definitely a good plan
Exactly what i needed❤
Excited to see this
Thank you Riz. Now I am going to research about HFT after this.
Riz.... My Man..... Its always a pleasure to see ur podcasts.... I am actually looking forward when u will open ur own mentorship and inshAllah i ll be ur first student....
Appreciate that a lot! Plenty more to come 🙏🏽
love this guy! much respect!
Thank you for tuning in
So excited about this topic...
The best part i liked in the conversation was the role of broker in professional trading.
Great episode 👏
Best trading podcast in the world for a reason
That was a master piece 🔥