Why 99% Traders FAIL | Prop Firm Trading

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  • เผยแพร่เมื่อ 28 ธ.ค. 2024

ความคิดเห็น • 88

  • @_sina__
    @_sina__ ปีที่แล้ว +38

    great content , i hope you choose quality over quantity like this in your upcoming youtube journey

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +8

      Thank you very much.
      The reason we decided to start the channel was because of the quality of content on TH-cam. Most TH-camrs do it for the wrong reasons; well, we won't stop giving quality because it's the only way to truly help people.

  • @jonahware5396
    @jonahware5396 ปีที่แล้ว +12

    Man you are talking to me.. I've blown over 6 accounts and all of them I was up at least 1% and after that it all just goes downhill from there.. no discipline, fomo, and not following my trading plan is what really gets me in trouble but paying for another challenge is much cheaper than losing money in options.

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +5

      You know the problem, now start working on a solution.

    • @anthonynava9916
      @anthonynava9916 7 หลายเดือนก่อน +3

      6?? those are rookie numbers, try 106 😂😂😂 I’ve never seen a payout

    • @nihargautam
      @nihargautam 6 หลายเดือนก่อน

      Same here😂​@@anthonynava9916

    • @nondscript1751
      @nondscript1751 6 หลายเดือนก่อน

      try blowing 180

    • @jonahware5396
      @jonahware5396 6 หลายเดือนก่อน

      @@anthonynava9916 I finally got a payout back in April and I was close to another payout but I tried to build some extra money in the account and lost it all! Smh but got that 1st payout out the way

  • @kingsley_the_supreme96
    @kingsley_the_supreme96 ปีที่แล้ว +4

    Man I'm Down 4% After At Least Having Being Up 3% But A Reaction To News Today Took 1% More On My Stop Loss Because The Market Was Erratic, But I'm Still In The Game, This Is My First Prop Firm Account.

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +3

      It is about learning, learn from your winning and losing trades. And most importantly remember those lessons as you go again. And another important thing, the market could be erratic but you took the trade, you made that choice, everything sits with you.

    • @kingsley_the_supreme96
      @kingsley_the_supreme96 ปีที่แล้ว

      @@theprofitsch I Hear You, Loud & Clear.

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +1

      All the best, brother.

    • @useless1
      @useless1 ปีที่แล้ว +4

      I was up 14% and now at break even again after one month of trading, it's tough but its a game of probabilities and statistics. At least i was never under my capital, so maybe thats a good sign at least. I'm paying the broker though lol.

  • @Hattonawary
    @Hattonawary ปีที่แล้ว +3

    Trading shouldn't be difficult. In light of this, I decided to trade with Trade The Pool Stock Pro Firm. Risk Management is the key.

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      Risk Management is indeed key.

  • @naingsoeoo4205
    @naingsoeoo4205 หลายเดือนก่อน

    Precious video,Thanks a lot.

  • @axelf233
    @axelf233 ปีที่แล้ว +7

    Great video thanks. Most of the big prop firms have now moved to unlimited trading days, which is good news !

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +2

      Yes, I saw on Twitter that FTMO now offer unlimited trading days, the content was already in production then and couldn't change it.
      Hopefully, we all get to make money, that's the most important thing.

  • @sachinhire8918
    @sachinhire8918 ปีที่แล้ว +3

    great video keep post such quality videos

  • @hanchow2004
    @hanchow2004 2 หลายเดือนก่อน

    Awesome!

  • @lucianperera9765
    @lucianperera9765 ปีที่แล้ว +4

    The5ers unlimited time rule altered my trading career as a whole.

  • @Higxster99
    @Higxster99 ปีที่แล้ว +4

    Its starting to because painfully obvious to me that trading is really 90% mental.

  • @Eko_fx
    @Eko_fx ปีที่แล้ว +4

    this is a magnificent content thanks we love you and we appreciate

  • @WealthCliffs
    @WealthCliffs ปีที่แล้ว +5

    Good content dude💪

  • @MaximeCharrier-nb4nf
    @MaximeCharrier-nb4nf ปีที่แล้ว +3

    I'm trading with True Forex Funds, I passed the challenge successfully and am now a FUNDED TREDER!!!😎

  • @kalpitparmar7236
    @kalpitparmar7236 5 หลายเดือนก่อน +1

    I'm also a Funded trader of Fundednext but have not made a profit split yet , this video is so relevant to me, what I like abt Fundednext is thir customer support 😊

  • @subburathnampitchai4076
    @subburathnampitchai4076 ปีที่แล้ว +1

    Deserves a million subsribers.

  • @MRReglazing
    @MRReglazing 9 หลายเดือนก่อน

    Thanks Don A. S for the video, good information

  • @itzhasting7424
    @itzhasting7424 7 หลายเดือนก่อน +1

    Great video❤
    Please 🙏 which prop firm is good to go? Also does synthetic get prop firm platform?

    • @theprofitsch
      @theprofitsch  6 หลายเดือนก่อน

      I personally use SabioTrade, use this link to get 20% off bit.ly/4ad3zuf
      I am not sure about synthetic prop firms.

  • @myair_planes
    @myair_planes ปีที่แล้ว +1

    Great one

  • @FriesU
    @FriesU ปีที่แล้ว +2

    great video keep them coming thank you 💪🙏

  • @silvertradingco4244
    @silvertradingco4244 ปีที่แล้ว

    thnks dear bro i reaaly love this

  • @salmankaleem3252
    @salmankaleem3252 ปีที่แล้ว

    What an excellent video. Your way of teaching is so impressive. I have a question, if someone clear both steps and receive a Real Account from the firm, Does the Firm impose any restriction or limit on profit earning i.e you can't earn more than 8 or 10 or 12% per month?

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +1

      No sir. There is no limitation.

    • @salmankaleem3252
      @salmankaleem3252 ปีที่แล้ว

      Thanks a lot my dear mentor for such an instant reply. Always be blessed. Ameen. ​@@theprofitsch

  • @peter4all837
    @peter4all837 ปีที่แล้ว +1

    Thanks alot sir am really impressed 👍

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      So nice of you and thank you too.

  • @ilyareofficial2930
    @ilyareofficial2930 ปีที่แล้ว

    Amazing sir i Realy like your videos its helpfull thnks

  • @pablogallucci2264
    @pablogallucci2264 ปีที่แล้ว +1

    even with unlimited now, the risk is the drawdown, 5% is small. I am doing right now FTMO, will tell how it went

  • @luvuyonjongwe2069
    @luvuyonjongwe2069 ปีที่แล้ว

    Wow the person Talking on this video has a deep and great voice ,if i had that voice i would have millions of girlfriends 😊😂😊 But on a serious note i love this video amd i needed to hear this as a new propfirm trader...thanks for great content ❤❤❤ i have subscribed

  • @myket8199
    @myket8199 ปีที่แล้ว

    How did you create your trading plan?

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +1

      It was very well stated in the video.

  • @navpreetsingh7628
    @navpreetsingh7628 ปีที่แล้ว

    The problem is that with funded next is that IP constraint.. We dnt have a static ip

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      First time i am hearing this, didn't know it's a problem.
      Have you contacted them?

  • @navketan1965
    @navketan1965 11 หลายเดือนก่อน

    Sir,If you were to choose one forex prop firm(unlimited time, 2 steps challenge,low profit target,decent daily & total stop out percentage,no software to make traders fail,no smoke/mirrors/cheating/ tricks to knock traders out &fail)--which firm would you recommend to YOUR OWN FAMILY?--we seek your wisdom.Thank you.

    • @theprofitsch
      @theprofitsch  11 หลายเดือนก่อน

      I don't think I want to publicly give a prop firm a vote of confidence. You should check out axi-select if you can afford to trade with $500. With them, you don't need to buy an account.

  • @ruralfundedfx-pf5jv
    @ruralfundedfx-pf5jv ปีที่แล้ว

    I'm doing it

  • @theprofitsch
    @theprofitsch  ปีที่แล้ว +2

    I Blew Many Accounts Until.... >>>> th-cam.com/video/7pRdTH9FZtE/w-d-xo.html
    See 5 Practical Tips to Improve your trading psychology >>>> th-cam.com/video/N2lK318GKeI/w-d-xo.html
    Risk Management Trading: Strategies for Success >>>>> th-cam.com/video/47CKT8XXcdU/w-d-xo.html
    SMC Trading Explained >>> th-cam.com/video/HdLvC_1kAE8/w-d-xo.html

  • @dexjohnlun9522
    @dexjohnlun9522 ปีที่แล้ว

    Is there any payment to join the challenge?

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +1

      There is a free monthly challenge that is free and if you do well, you get cash prizes.
      If you want one you can trade immediately, it's not free.

  • @rogerwei2006
    @rogerwei2006 7 หลายเดือนก่อน +4

    10% x 24% x 3% = 0.072%
    This means only 7 people in 10,000 traders.🤣🤣🤣

    • @theprofitsch
      @theprofitsch  7 หลายเดือนก่อน +2

      Exactly!!!
      And that's the reality of trading.

  • @freedomfinancial
    @freedomfinancial ปีที่แล้ว +1

    not 3 % but 30% Reach first profit share

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      Did we miss something?

    • @freedomfinancial
      @freedomfinancial ปีที่แล้ว

      @@theprofitsch yes, myforexfunds said that 30% of traders who get funded get to their first payout, not 3% as in the video. So the overall result is around 80 people in 1000 , so 92% traders fail

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      No my friend, it is 3%.
      We didn't make a mistake.
      Please check our recent community post.

  • @musahabaliyi1370
    @musahabaliyi1370 ปีที่แล้ว

    🤩🤩🤩🤩🤩🤗

  • @Hyperion1722
    @Hyperion1722 ปีที่แล้ว

    Disclaimer - Not Financial Advice.. Of course it is as with the other so called trading gurus proliferating in youtube space. If these guys really have that magic formula to make money in the market, should they be rich by now and not making videos for monetization?

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      I am not rich, because i don't have any magic formula.

    • @Hyperion1722
      @Hyperion1722 ปีที่แล้ว

      @@theprofitsch Just I have thought, knowing how they fail but don't know the way to success. So pathetic.

  • @beartrayand384
    @beartrayand384 2 หลายเดือนก่อน +1

    I HATE prop firms, trading is hard enough without all this garbage

  • @hasa4628
    @hasa4628 ปีที่แล้ว +2

    it's never about stop loss only. 99% of trading strategies are not profitable

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว +1

      It is not really about the strategies, that is what you need to know.

  • @MonkeyDLevi
    @MonkeyDLevi ปีที่แล้ว +2

  • @fitless
    @fitless ปีที่แล้ว +1

    And those 8 left are made to lose their accounts via shady tricks used by mff at the other end. But the statistics do not say a word about it. 😂

    • @theprofitsch
      @theprofitsch  ปีที่แล้ว

      Well, we might never know the truth.