Some of this information you are dishing out in Major prop-firms they would not dare to air it out ,Do you really have to be doing this a wise man listens more and talk less
Reading the DOM and Volume Analysis indicator (tape) for 1min TF scapling is a good start because you can see the passive buy/sell orders. However I would add Mr Asim POI and narrative for additional power .
@@DerekPizarro the top prop firms like FTMO and 5ers can’t be passed in 1 day. 5ers you need 3 profitable days of .5%+ and FTMO needs minimum 4 trading days.
Doesn't mean you have to risk that percentage in every single trade, could risk less. Also if you're taking a lot of trades in a day, no that's not ideal. As far as prop firms....meh. You have to be a good trader period. Prop firm isn't going to make you a better trader, but I'm sure people will learn some lessons from it possibly.
That doesn't mean you have to listen to them, they not forcing it on you. You take what works from them and what doesn't work is taught to you by the trial and error of back testing and forward testing and actual market analysis.
Alpha Capital is the #1 prop firm. We're proud to have a huge 30% discount for you on ALL evaluations: app.alphacapitalgroup.uk/signup/TOT (Or Use Code: TOT) Alpha Capital is already one of the cheapest firms without our discount. Never denied a payout and one of the only few prop firms that didn't get banned from MT5. Trade with firms you can trust. That have their own regulated broker, their own tech and a metaquotes license. And most importantly the best trading conditions compared to other props. It's a no brainer
@6 minutes There is only one way to control position size . You decide what % to risk per trade and you decide where a SL should go based on the chart or volatility metric . These 2 are separate decisions but together calculate the position size its that simple. This guy making it out hes cracked some secret, this basic
All he said was that not enough traders talk about how they manage there position size to keep a consistent loss. What’s basic for you might not be basic for others
Carmine can trade, but I def believe he was a furu fraud (fake it till you make it). That being said, I believe he is a goated/mentor now, and has demonstrated and proven so.
@@Tiger_Trades Iman trading made a good video on Carmine, however all the comments are defending him. When he started youtube it was all about promoting his course and only showing winners with no proof of profitability. He switched to futures and orderflow and was able to prove profitability since. His strategy now heavily relies on orderflow compared to his basing strategy. His pre futures trading and heavy course promoting days are shady, inconsistent, and lack proof of profitability. However since then he has proven profitability. HIs discord, tradezella, youtube, and broker statements all are in align with eachother, and faking AMP statements is HIGHLY illegal. He is making money from trading (a lot) but nothing compared to what he has made selling a course. His current course is good, but lacks in certain areas. His discord is amazing and he has proven himself to be a good trader. Im not a carmine hater, if anything I think he is a great youtube trader with a good course, content, and advice. Just within the 2020 furu era especially with options and his lack of proving profitability, I would put my bets on he "faked it till he made it". Maybe im wrong, but either his trader has improved 10 fold and is in a small niche of youtubers that have actually proven profitability through broker statements.
I wanted to add, Carmine is right in terms of his comments on prop firms. I would say however, this only really applies to anyone who can trade the NY session based on their timezone. I'm in Australia and it's essentially impossible (with my lifestyle setup e.g. wife and baby) to day trade the NY session which is like 1am Sydney time. The futures market outside of NY is trash and everyone knows that. Prop firms allow me to access the capital to trade the FX markets, and I'm using limit orders based on what I'm learning inside Bernd's OTC, all placed ahead of time, allowing me to attend to my various lifestyle duties and irrespective of timezone. Using personal capital to trade USD$50 per micro or USD$500 per mini contract on ES is all well and good if the timezones make sense ... but they just don't for some people.
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Bring Abdul qawwiyy an ecom expert on pod
Thanks for having me on the podcast! Lots of valuable information in this one 🔥🔥
god bless you brother lfg keep pushing real talk no bs
Legendary man, great episode🔥 thanks for joining
Some of this information you are dishing out in Major prop-firms they would not dare to air it out ,Do you really have to be doing this a wise man listens more and talk less
🐐
no one does it better
This is the smartest trader I've ever heard. Second smartest after Waqar... The things he's saying I've seen them.
47:15 to 48:55
Why support and resistance are form ?
Great point ❤
Reading the DOM and Volume Analysis indicator (tape) for 1min TF scapling is a good start because you can see the passive buy/sell orders. However I would add Mr Asim POI and narrative for additional power .
1:01:00 Facts. Intraday is harder than scalping and swinging.
Amazing trader, thanks for the pod, bro!
I’ve been trading since 2018.
Learned a lot.
Still learning but now earning.
He is correct 98% of the time.
Prop firms don't set trader up for failure yall youtube gurus do. Yall promote risking 2 n 3% a trade. Facts
Prop firms teach patience
Depends on the prop firm. 1 day passed for evals kinda sound like there encouraging bad risk
@@DerekPizarro the top prop firms like FTMO and 5ers can’t be passed in 1 day. 5ers you need 3 profitable days of .5%+ and FTMO needs minimum 4 trading days.
Doesn't mean you have to risk that percentage in every single trade, could risk less. Also if you're taking a lot of trades in a day, no that's not ideal.
As far as prop firms....meh. You have to be a good trader period. Prop firm isn't going to make you a better trader, but I'm sure people will learn some lessons from it possibly.
That doesn't mean you have to listen to them, they not forcing it on you. You take what works from them and what doesn't work is taught to you by the trial and error of back testing and forward testing and actual market analysis.
Prop firms don't set traders up for failure , we do it to ourselves, prop firms just take advantage of it ...
BUDDY, you should try TO SHARE with screen with practical examples for viewers to understand WHAT LEGEND IS TRY TO SAY
Really solid information in here! Excellent Job articulating! Great video
Great podcast but hearing you mouth breath was quite disturbing.
the reason is you and your friends teach the wrong thing to the public.
Alpha Capital is the #1 prop firm. We're proud to have a huge 30% discount for you on ALL evaluations: app.alphacapitalgroup.uk/signup/TOT (Or Use Code: TOT)
Alpha Capital is already one of the cheapest firms without our discount. Never denied a payout and one of the only few prop firms that didn't get banned from MT5.
Trade with firms you can trust. That have their own regulated broker, their own tech and a metaquotes license. And most importantly the best trading conditions compared to other props. It's a no brainer
To help make sure you trade smart and get funded, check out all the free resources we’ve prepared for you
I think its 20%
Unfortunately they keep refusing payouts
Carmine, investitrade changed my trading career into whole another level.
pure CONmen who do not know Sheet about daytrading.
Sound like a professional hater
@@DerekPizarro You sound like you believe everything you hear on the internet.
@6 minutes There is only one way to control position size . You decide what % to risk per trade and you decide where a SL should go based on the chart or volatility metric . These 2 are separate decisions but together calculate the position size its that simple. This guy making it out hes cracked some secret, this basic
All he said was that not enough traders talk about how they manage there position size to keep a consistent loss. What’s basic for you might not be basic for others
I know how to get these levels plotted on candle chart👌
Great podcast!! 🔥🔥
Sound like he got 1:10 plus stategy like me 🔥🔥🔥🔥💪🏾💪🏾💪🏾
Great episode! Soo much value.
After watching the whole interview, why do traders lose?
Yessir carmine love the info and knowledge youre dropping greatest mentor and truly walks the walk that he talks
both of you are titans of this industry. Thanks for putting out such great content
He's too humble...
Great content
Great to be here again. I've been away for many days.. ❤❤❤
💎
when we talk about a real one that none of your furus can even touch
HE is him.
Carmine can trade, but I def believe he was a furu fraud (fake it till you make it). That being said, I believe he is a goated/mentor now, and has demonstrated and proven so.
@@ethantimmy8656 no one asked you little timmy
@@ethantimmy8656 why do you believe that i am curious
@@ethantimmy8656why do you think that
@@Tiger_Trades Iman trading made a good video on Carmine, however all the comments are defending him. When he started youtube it was all about promoting his course and only showing winners with no proof of profitability. He switched to futures and orderflow and was able to prove profitability since. His strategy now heavily relies on orderflow compared to his basing strategy. His pre futures trading and heavy course promoting days are shady, inconsistent, and lack proof of profitability. However since then he has proven profitability. HIs discord, tradezella, youtube, and broker statements all are in align with eachother, and faking AMP statements is HIGHLY illegal. He is making money from trading (a lot) but nothing compared to what he has made selling a course. His current course is good, but lacks in certain areas. His discord is amazing and he has proven himself to be a good trader. Im not a carmine hater, if anything I think he is a great youtube trader with a good course, content, and advice. Just within the 2020 furu era especially with options and his lack of proving profitability, I would put my bets on he "faked it till he made it". Maybe im wrong, but either his trader has improved 10 fold and is in a small niche of youtubers that have actually proven profitability through broker statements.
My guy Carmine 🫡
Carmine is a genius! Great interview. Why the delay in posting it?
He say I capture 10 to 20 poin move and close my q is how much your sl ?
I’m in his academy he Usually risks 3-4 points for 10+ reward
For him that’s like 2500-3000k a trade
Especially the futures prop firms...I mean that trailing stop drawdown thing is purely a scam
14:27 Nice! He's a scalper. 🔥🔥🔥
Thats truth what Title says.. they set mentality so we never going to get successful…awesome carmine…
Risk 5 poin how is possible 🤔
What's tape?
Carmine is such a solid guy. Been following him for years. Big respect 🫡
I wanted to add, Carmine is right in terms of his comments on prop firms.
I would say however, this only really applies to anyone who can trade the NY session based on their timezone. I'm in Australia and it's essentially impossible (with my lifestyle setup e.g. wife and baby) to day trade the NY session which is like 1am Sydney time. The futures market outside of NY is trash and everyone knows that.
Prop firms allow me to access the capital to trade the FX markets, and I'm using limit orders based on what I'm learning inside Bernd's OTC, all placed ahead of time, allowing me to attend to my various lifestyle duties and irrespective of timezone.
Using personal capital to trade USD$50 per micro or USD$500 per mini contract on ES is all well and good if the timezones make sense ... but they just don't for some people.
Great episode! Amazing trader and mentor, proud to be a member of investitrade since 2021 🫡