The main thing about the prop firm, is that there is a daily max loss drawdown. So let say that if the max daily loss is 4 per cent of the initial balance, and you have a winning trade that is up to 5 per cent and your stop is set to break even, if the trade reverse to break even,you lose the challenge
Nah bro,you wont lose the account, lets say your DD is 4% and you risk 2% and your trade gains 5% ,but now trade reverses and wipes you out, what you lose is 2% of your risk because you are still within the day, you will now be at -2% dd,,,But if you hold that trade upto past 5pm est when dd is reset and the trade reverses then you will lose it
@@emmanuelkirui7873 yes exactly. The point is that he does swing trading, so the profits made in the day will be reset the next day, and if the position reverse you lose the account
Dear customer please guide me If I pass 1st stap & 2ed stap challenge then after I am trading 10 days and earning 6000USD then after 11th day I am losing 800 first day then after I can withdraw my money yeah freeze my account please guide me
There are the rules - if you made a loss of 300$ aur more than it in a single day then your account will blow up 🌬️. But as you mentioned you earn 6000$ in 10 days then your loosing amount will be 6300$ for a day and 6800$ overall loss
What an interview! So many incredible takeaways from Pratik and his journey. 🙏
If the move is steady,then there's nothing to worry about if your position is running in loss🔥🔥
Great lessons learnt how to use properly risk management 🙌💯
Super bro ..very simple and inspiring ..keep going good to great ..
Great lesson on proper risk management
INDIAN TRADER ROCKS ON FUNDEDNEXT . I AM VERY HAPPY FOR U BROTHER.
Aap bhi Fundednext use krte ho ???@@rahulgurrapu5355
Nice video...well explained and at least i gained something about risk management
Wow! Legit Gold killer
Inspirational bhai ❤
Having a 50% win ratio means that to be profitable as a trader your winning trades needs to be much bigger than your losing trades
Treat your prop firm account as your real account instead of as a simulated account 💯
congratulation bro
Great lesson
Super bro very nice 👍 share your experience.
Very good!😀
Wow! He really killed Gold
jai Maharashtra 🚩🚩🚩
Amazing mashallah❤
Best propfirm in 🌍
Wow good
Great metting In propfirm
Nice video
🥰🥰🥰 gerat....
very good😍😍😍
One day ❤
Love from Nashik Bhau
Well🎉🎉🎉
Just wow
Gold killer from fundednext
This is indian 😊😊
wow!!
🔥🔥
bhai ne aagg lada dii ,, account duble kar diyaaa... payment aaya tha kya?
❤❤❤
Killer
The main thing about the prop firm, is that there is a daily max loss drawdown. So let say that if the max daily loss is 4 per cent of the initial balance, and you have a winning trade that is up to 5 per cent and your stop is set to break even, if the trade reverse to break even,you lose the challenge
Nah bro,you wont lose the account, lets say your DD is 4% and you risk 2% and your trade gains 5% ,but now trade reverses and wipes you out, what you lose is 2% of your risk because you are still within the day, you will now be at -2% dd,,,But if you hold that trade upto past 5pm est when dd is reset and the trade reverses then you will lose it
@@emmanuelkirui7873 yes exactly. The point is that he does swing trading, so the profits made in the day will be reset the next day, and if the position reverse you lose the account
Dear customer please guide me
If I pass 1st stap & 2ed stap challenge
then after I am trading 10 days and earning 6000USD
then after 11th day I am losing 800 first day
then after I can withdraw my money yeah freeze my account please guide me
There are the rules - if you made a loss of 300$ aur more than it in a single day then your account will blow up 🌬️. But as you mentioned you earn 6000$ in 10 days then your loosing amount will be 6300$ for a day and 6800$ overall loss
If you live account you can withdraw
Mining Gold in Real life and on the Charts 🪙
Wow! Legit Gold killer
Great lesson on proper risk management
❤❤❤
Wow! Legit Gold killer