I've blown 3 propfirm challenges and I've discovered the problem was all mental, I was chasing the fast life so much that i bought high accounts and I was not mentally ready to see those huge fluctuations and huge amounts in drawdown,so I'll recommend you work with what you can mentally handle
Fantastic plan! I will however not advise any new prop firm trader to go for more than 1% risk a day. 2% risk on a prop firm challenge if it doesn't go well for you will mess your psychology up and the consequence will be obvious. You have to know yourself (psychologically) and know your winning rate and trade accordingly. For starters, 0.5 - 1% risk per day is fine. Prop firms are now going unlimited on challenges so no need to rush to pass a challenge. Better safe than sorry. My opinion though
It's good you did this video... Was about to request if you can do a video on the pros and cons between having a prop firm account or a real account. Great Video💯💯💯.
Great video but I will say risk what you are comfortable with. Risk what will enable you to take every single trade without fear or hesitation upon perceiving an opportunity. If you take 3 losses in a row with 2% per per risk. Would you be comfortable taking the next trade? Thats a question for yourself to answer. Understanding yourself is very crucial in this game. Thanks
Nice trading friend, forex it's hard I got sometime trading but not doing well sometimes that's why I'm here trying to learn, Really nice video I'm now following great really great advice.
*Risking 2% of your account at anytime on single trade is simply a suicide mission.. The way of Prop Firm is slow and steady.. Risking 0.5% will make you survive easily.. Slow and steady...*
@@SiawR.AI'm not sure you know this guy... He's also a low-key top trader and his channel has helped me. He is obviously right. It is not about the rush to pass the phase level. ProfitX and also top prop firm traders, also mentioned it in their videos that risk 0.5% of your account per trade. That is how to survive and sustain for long term. It is not a sprint, it is a marathon.
I'm also a proud beneficiary! I've built my portfolio massively and still building. Started with a TH-cam referral just like this and a few thousands. I'm way up to the profits now all thanks to Expert Amelia
You really make sense though because even if you go through a loss of 2% risk and you loose all two trades in a day you haven't exceeded the 5% of loss daily .
pasisng a propfirm is far more complicated than that ..What if you are having a losing streaks of 4 trades while risking 2%, which will happen??? People fail to understand that The higher the risk reward the Lower the win rate and lower win rate comes with longer losing streaks no matter the strategy...Now imagine being in a streak of losses while risking 2% on 1:3rr which will definitely come with losing streaks...
I've blown 3 propfirm challenges and I've discovered the problem was all mental, I was chasing the fast life so much that i bought high accounts and I was not mentally ready to see those huge fluctuations and huge amounts in drawdown,so I'll recommend you work with what you can mentally handle
The best mentor ever 🎉
Who else is watching this in 2024...? 🔥
Sometimes when I watch kojo's videos I think he is a god. He is too good. He makes everything extremely simple.
I like how you value quality over quantity. That makes me respect you even more💯
When I saw the new vid notification....I was like yesss😂😂❤
No one has been so real like you, how I wish to follow all your move and link
You're the mastermind in the financial market coach kojo.
Thank very much for this info . May you live long for us.
You are so honest and if only you knew how we really appreciate your help bro
Now understand clearly
I just blew an account with a floating lost and I got confused.
Thanks King 🙏
I used your promo code and on a 100k challenge… thank you ❤
Fantastic plan! I will however not advise any new prop firm trader to go for more than 1% risk a day. 2% risk on a prop firm challenge if it doesn't go well for you will mess your psychology up and the consequence will be obvious. You have to know yourself (psychologically) and know your winning rate and trade accordingly. For starters, 0.5 - 1% risk per day is fine. Prop firms are now going unlimited on challenges so no need to rush to pass a challenge. Better safe than sorry. My opinion though
I swr bro, the 2% wey kojo tok just weak me😂, ahh
It's good you did this video... Was about to request if you can do a video on the pros and cons between having a prop firm account or a real account. Great Video💯💯💯.
Wow this video is very very helpful. Thanks alot Kojoforex.
i love you KOJO, GOD continue to give you the strength to impart traders like me around the world
love you bro, keep the good work up. Looking awesome
I really needed it Thanks King 🤴
Always wanted to see this kind of video, thank your Chief Kojoforex for this awesome lesson.
This is a nice teaching in a simplified process
Kojoforex sounded funny to me 2 years back, I now sitting focusing watching kojo video.
Always knowledge with you
First here! King Kojo🔥
Great video but I will say risk what you are comfortable with. Risk what will enable you to take every single trade without fear or hesitation upon perceiving an opportunity. If you take 3 losses in a row with 2% per per risk. Would you be comfortable taking the next trade? Thats a question for yourself to answer. Understanding yourself is very crucial in this game. Thanks
Big kojo always my mentor, You show me the way of life, Jar blessed ❤️❤️
Nice trading friend, forex it's hard I got sometime trading but not doing well sometimes that's why I'm here trying to learn, Really nice video I'm now following great really great advice.
Hard work will really pay patience will really paid ❤❤❤❤
THE REAL GOAT, MAKE AFRICA BIG
Kojo you are dropping live bombs these days ,,,thanks a lot
First to comment 😊.
Wish I could be there with Koko enjoying those amazing views 😊
*Risking 2% of your account at anytime on single trade is simply a suicide mission.. The way of Prop Firm is slow and steady.. Risking 0.5% will make you survive easily.. Slow and steady...*
100% correct
You clearly haven't passed 2 phases on a prop firm.
2% on a trade will pass your PF on both phases.
Then downsize risk to 1% on live account.
Depends on your level of experience and what the market gives you and also how much you can afford to spend on a new challenge.
@@SiawR.AI'm not sure you know this guy... He's also a low-key top trader and his channel has helped me. He is obviously right. It is not about the rush to pass the phase level. ProfitX and also top prop firm traders, also mentioned it in their videos that risk 0.5% of your account per trade. That is how to survive and sustain for long term. It is not a sprint, it is a marathon.
And also prop firms are offering no time limit so the pressure for you to pass a challenge at a specific time limit is gone
Thank you Emperor of blues. Well Explained
thanks allot kojo i didn't think of it that way
thank you boss, I really needed this video
Thank you Boss Kojo... Keep it up...
I just purchased a funded account from Funded Trading Plus with your code.
Thank you Kojo ❤❤❤
My Goat❤
Kojo bby 💙... Ya a faster speaker abeg😩
Nice one man!
My TH-cam mentor always
My mentor ❤❤❤
Goat of this game 🐐🐐🐐
Master Kojo...we are listening! Let's beat the Prop Firms!
Love your work ❤
thank you for this boss because I'm already in DD -1%
Same , I’m down 1% on a 50k acc but looking to capitalise on UJ Gold and NZDUSD tomorrow
You are simply amazing
The GOAT 🎉
Dubai filter 😂😂! Nice piece Aluta
Thanks I was planning on purchasing a prop firm, but kinda stuck in the thought of how to pass the challenge
Most people usually blow through a minimum of 4 accounts to get funded. If your first 3 doesn’t go well, don’t be too hard on yourself
@@omarkoreafx1859 I haven't gotten any yet, but I won't blow it up, take that from me
@@victornwolo7920 i can link u to a forex group.
Amazing work mate 🙌🔥🔥🔥🔥🫡
the first 🙌
Thank you for this
just on point,thanks
God bless you Kojo
Here again first person 🎉🎉
Thank you sir 💯❤️
Kojo dey give pressure 😂
Thank you Kojo
Kojo of all Time
Solid ❤🎉
First 🙌🙌
Thank you so much sir, you are the best
The most most most original ❤
Thank you very much boss but please can you talk about how to create those accounts
Nice boss ❤
Nice KoJo
True❤
Successful people don't become that way overnight. What most people see at a wealth, a great career, purpose is the result of hard work. 🤑🤑
Amelia is one of the best mentors as well a reliable expert trader you can comfortably invest with and she never fails to deliver
I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
I'm also a proud beneficiary! I've built my portfolio massively and still building. Started with a TH-cam referral just like this and a few thousands. I'm way up to the profits now all thanks to Expert Amelia
think people talking all this good about her, she me be an expert, please how can I get in touch with her?
She's awesome, here's her official wassap number
Thanks alot br
This advice from Kojo will kill a lot😅😅😅😅😅
Exactly, if they don't have a good strategy. been in huge drawdown is the most depressing thing you will ever experience as a propfirm trader.
@@AyodeleLekan why wil you not have a good strategy and want to trade a prop account???
The risk of ruin is high if you ain't @Kojoferex the emperor of blues or his mentee
Kojo forex, do you run any investment platforms for interested investors?
Luckily to see this video first some
Mentor ❤
Thanks for the helpful tip sir kojo Fx
First to like watch and comment 😂
still the GOAT
Educated thanks
Thank you sir
Pls. What lot size eqauls 2% of $10k
Are you trading options?
Can I still use my funded trading plus prop firm
Please how can we get your free signal group chairman
I will get to Dubai one day!
I like it before i watch😂
Hi, are you teching how to trade.
Do you pass the challenge and get funded after making the 10% profit??
Yari yari yara😂😂😂
First to comment 😁
You really make sense though because even if you go through a loss of 2% risk and you loose all two trades in a day you haven't exceeded the 5% of loss daily .
What if you loose ,twice the next day
Hunnnn????
@@abdullahiaaron249 go back to demo then and backtest
@@abdullahiaaron2492 % is much
Namibia Appreciates
When you pass a $5k prop firm account how much will you get funded?
Sounds easy
First to watch
So an average, what lotsize should one use for a 5k account to avoid disqualification
0.25
20 pips Sl
Let's goooooooooooooo
Please boss help me with a 10k or 5k challenge account. Please sir
Emperor of blues!!!
First😮
pasisng a propfirm is far more complicated than that ..What if you are having a losing streaks of 4 trades while risking 2%, which will happen??? People fail to understand that The higher the risk reward the Lower the win rate and lower win rate comes with longer losing streaks no matter the strategy...Now imagine being in a streak of losses while risking 2% on 1:3rr which will definitely come with losing streaks...
Taking advice from one who haven’t passed a prop firm is funny his misleading traders
This dude bro u need to be a skillfully trader to not lose 4 times
Same way i will pass my 100k challenge account...