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) Plus a Free trading care package from Waqar 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 licence. And most importantly the best trading conditions compared to other props. It’s a no brainer
Certain countries can’t trade with Alpha Capital for licensing reasons, as they have a regulated broker Afghanistan Belarus Burundi Central African Republic Chad Democratic Republic of the Congo Region of Crimea Eritrea Iran Iraq Cuba North Korea Libya Myanmar Somalia Sudan Russia Republic of South Sudan Syria Yemen Venezuela Vietnam US
@@waleedabbas1276 take the w man. trust me if big propfirms are bad then imagine what these small unknown propfirms are like. Go read their bad reviews on trustpilot, the madman replying to the bad reviews is rather sassy
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
The only reason a prop firm would kick out a profitable trader is because they're entire business model is based on sign ups, so your trades aren't actually registered, they're paying you out of their revenue/income which solely relies on sign ups and people failing the challenges and trying again and again, so now you're actually making their business less profitable. This is why I just prefer to trade my own money. No headaches.
Topstep isn’t like that, once they deem you a profitable trader they give you a live account and copy all your trades on an account of their own. If you’re looking for a non shady prop, I’d recommend looking into them
Many firms claim this. Not a single firm A books all or even majority of their funded traders. The best of firms have 5-10% of their revenue outside of challenge fees. Every other firm is paying out payouts from failed challenges. That’s why having a firm with a good reputation, strong liquidity and low costs (own tech and own broker) is critical
I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face losses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
Andrew is a beast. I think the shady part about his experiences is that these prop firms dont have any hard written rules about risk and overleveraging. He has taken full advantage of it, and with good reason. I'm noticing some props are actually sending out formulas explaining exactly how much is too much risk.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Carla Koren.
The amount of value Waqar provides to the industry is second to none. Absolute professional hungry for growth and to help others around him. Your impact is felt.
@@HBCTrader you can learn from everything, anything, only if your mind allows you to. Podcasts are far from being just 'entertainment'. But, I wouldn't explain much to someone who sees everything entertainment, and skeptical king, without basis.
I have listened to a number of people doing podcasts in this space; your interview style is reflective of your educational background. There is that finesse that I really like. Kudos
yooo! what a great pod! Andrew is such a nice guy! not only a giant in the space, also a giant in person! haha! I checked out your amazing Alpha Capital partnership, sadly 30% is not working, it is in fact 20% discount. I was blown away by the offer so needed to check. Thanks for brilliant conversation though!
I´m glad I found this channel, this was the best interview with a trader that I ever saw, both interviewer and guest very polite, lots of good information for the ones that know how to listen. Thank you for putting it up. It would be gold to have a place to chat with such erious traders. God bless you.
Felt very good to see the reality of trading. I have learned so much in this video, Trading is not like gaining sky rocketing candles always gaining 50-150% every time as the reels and tiktoks shows. Trading 2-3 green candles would be great for longer and consistent profits. Giving more time for the learning process. I guess i need to do more for learning and practicing. The psychology part, and the not complicating the strategies watching here and there.
they talk about you being banned because he makes too much profit so that you lose confidence in prop firms, at the same time they are advertising about a brand new prop firm
Remember that a prop firm is not happy when you earn because: 1. If you DON'T pass the challenges, they keep your initial payment 2. If you pass the challenge, they can see your trades and through market making, they can liquidate you, in order for their shared capital (funded live account) to you, to get it back, and they also know now your strategy and behaviour.
This bogus statement. As official statistics show that only 1 out of every 100 passes the challenge and of every 100 those who passed only 1 survive first 4 months- they don’t have to do anything- trades blow up themselves. If you know how to trade no one will stop you from making profits and even more if he got his records straight and sent his resume to legitimate trading firms they will hire him in the heartbeat. And he will get access to much more money and much more payouts. Like they if he have 7 million in funds with prop firm and keep 90% of profit,they will offer him 100 million and he will keep 20%of what he makes and it will be more than what he makes with prop firm. He makes 1.5 million of 7 million- it’s a 20% of profit. And he keeps it. If it’s a 100 million and he makes 20% it will be 20 million and he will keep 20% it will be 4mill. So please he was doing something not completely legitimate and he just gets thrown out.
@@mijemadalin what a nonsense are you talking about?prop firms don’t have the capital to move the market…as a matter of fact they cannot even pay the funded traders…is all in your head
If you think someone is banned for being too profitable than you are looking at things out of context. I bet you his drawdowns were so insane and his risk reward was so backwards that when he did hit it big he hit it mega big but because degenerate gambling with zero risk management was the name of the game the trader would give it all back and then some if leveraged. Real talent eventually has pools of investors that stick with you if you're just not "too profitable",( like wtf does that even mean?) but also manage your trades and risk well or exceptionally so. This is reality tv. Nothing more than guys who play aggressive Texas holdem and then trade stocks or bonds and take that same aggressive strategy. They then hit it big, lose it all but claim at one time or another to anyone that listens they made millions. What they don't tell you is no prop firm or investors want to deal with fly by night cowboys that have no interest in actually keeping what they earn. Might as well make a video about a religious person that was so religious he got banned by all the churches in his neighborhood.😂😂😂.
like the prop firm giving u real money lol ..these are on simulated platform no trader risking real money aggressive profitable trader are bad for the firm money
I love having on real traders. This who walk the walk and have actually made profit. So we can talk in details about strategy and psychology Makes for the best episodes and the most fun for myself. Thanks again Andrew for the opportunity! Make sure to subscribe to his channel, he’s on a road to 100k by the end of the year
To add, in this episode we cover Andrew’s strategy, his prop firm strategy, psychology hacks and overall everything it takes to be a successful prop firm trader. Epic podcast 🔥
Bro's strategy is to blow multiple accounts till one of them hits and you then reap huge rewards, covering all your losses, they ban you for being a gambler not for being profitable brodier. Just to put this out here, gamblers also have risk management and strategies, doesn't stop it from being gambling
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do.?
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
I am actually trying get into…so i am trying to be new and yes i watched the whole 1hr+ podcast…that’s literally all i do for the past almost 2months now And waqar just make things more clear and clear thank you sir❤
These virtual prop firms won't survive as they were never meant to. It was always a temporary thing. The only way for a firm to thrive is to have profitable traders that are well compensated and that want to grow the business instead of just thinking about payouts. If you were an investor would you give your money to any of these firms with the expectation of returns?
Prop firms are the new cancer in the trading community. They allure traders with giant account sizes but once you start making money consistently they kick you out.. Can't be a long term success strategy people..Instead, hone your skills and work on growing your OWN account ..
That's why it's key to grab as much money you can from these propfirms, then put majority of those payouts into a personal account. People get these big payouts and end up spending it in the wrong things. Buy a challange, pass it, get your payout, invest into another challenge, pass it, get your payout and repeat. Then grab a big amount from those payouts & invest it into your personal, that's how it should be done.
Brother this channel is literally the visual representation of the book "Market Wizards" and you are the young Jack D.Schwagner who is interviewing the current top traders of the world.
Very rarely do people give credit to their parents /families for their success on podcasts, they want to look like they did it all alone...kudos to this interviewer!
Over qualified for the job.... Regardless the Firm's business model ... WHY a extremely profitable trader would need a founded account.... ???? What about Go and find a Job in a hedge Found??? Or open its own Firm??? I want to try founded accounts because i hate the idea of acidental margin call at this time of my trader journey. And also even if i fail .. i get my feet wet on futures.... Im a option trader now... And futures are so straight forward and precise compared to udermined prices of options contracts
I have never agreed with saying that trading is NOT Gambling, where there is RISK there is a gamble, you consider the risk and you win or lose. It is posh gambling, nothing more nothing less, there is no need to kid ourselves with snobbery !
Great podcast, thank you fellas. Waqar, would you be able to recommend some books on communication or areas of study therein? Your communication skills are excellent and I would love to learn from sources you might be able to recommend. Either way, thank you and God Bless.
Man...I took a break from trading in2020 and now I come back and these places have changed everything! Whats crazy is that these podcasts are even funded and produced by the firms. So...genius busness model. I wish I could see the order flow they see. They probably fade the worst tradrs
trust me i see trading as an oppotunity but am stucked in btwn where i have to provide for the family and also give time for trading practice. alhamdulillah i watched some of yur trading podcasts and also studied yarimi's course. but i wish i had a time where i dont stress abt family and just focuss on the journey untill i am that place where i can full fill their dreams but inshaAllah slowly i wil be there no regret. so good to hear you guys dropping some gems here🙌 that is some real we needed. big love and thanks.
It's difficult for an antelope to realize how is being hunted by cheetah since they're using highly very technique sometime friendly manner,love , sympathy etc just to capture the antelope into the mouth of crocodile
27:35 You do realize that your order has market impact, right? Its not that something magical is happening, when a large order hits market it moves that market.
Tidbit about if there is a big news day in a week to scratch off the other days of the week for trading was an original thing I hadn’t directly heard from someone else before. Makes sense for those who prefer to always trade with liquidity
So all of you think, that someone who does not know you will let you trade their money in the financial markets? Without experience, knowledge or track record? You cannot make money from day trading as main strategy as a retail trader. If you cannot understand this, you don't understand anything. Be honest to yourself. Prop firms that want your money earn from you. They do not even put your trades in the stock market. They risk nothing. They know that with day trading is imposiible to make money. And if you would be profitable you can't because of the trading rules they apply. Their business model is to exploit others. They profit from subscriptions.
He said by himself.....after securing 1-2 % , HE GO Aggressive which is bad for Firm , So definitely Prop firm don't want him . BECAUSE he doesn't care about Prop firm Capital......he can buy other challenge but what about losses that he gave to prop firm while going Aggressive 😮
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.💯
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
I’ll never forget taking prop firm challenges with FTMO a few years back and the math NEVER added up with my entry to my exit accounting for commission and spread. There was always 3-4 pips of missing profit and on 20 lot trades that’s not a small percentage especially when trying to hit a profit target.
80% of your overall drawdown. You can't lose more than 10% of the total account.. 10% of the total account is your real money value, because that is all you are allowed to lose. You are to make 8% of the total account value which is 80% of the 10% which is your money value (overall draw down )
This will not make sens, unless a legit Prop Firm. After all, they are splitting profit, they always win, as long as you don't have a major drawdown in your funded account. Only the fake, illegitimate prop firm will kick you out for being 'too profitable'. Otherwise, it makes zero sense.
No. If this guy is such a big baller why is he starting a prop firm? I can accept that someone who is good at trading wants to educate others. In some situations I can accept that. But a prop firm is a different kettle is fish. People who CANT trade start prop firms.
Agree on the first two. And I think it’s too early to judge any prop that is under 1 year old so any new firms I would say better to wait and see how they evolve
@@titans.of.tomorrow you need to see one of his private account with bigger money inside over thousand trades. then you can see he is a good trader or bad trader, at moment is impossible to say. at the moment he can be loser or winner trader in real accounts, prop is other kind of game (in reality its not trading, its playing a game).
And,,,, what are the names of these propfirms that bans him? We need NAMES! Are we in politicaly correct show? Give us the names of these 10+ firms. Thanks
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)
Plus a Free trading care package from Waqar
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 licence. And most importantly the best trading conditions compared to other props. It’s a no brainer
30% discount code not working man
Invite fxalexG
Yes please help check into this.
Certain countries can’t trade with Alpha Capital for licensing reasons, as they have a regulated broker
Afghanistan
Belarus
Burundi
Central African Republic
Chad
Democratic Republic of the Congo
Region of Crimea
Eritrea
Iran
Iraq
Cuba
North Korea
Libya
Myanmar
Somalia
Sudan
Russia
Republic of South Sudan
Syria
Yemen
Venezuela
Vietnam
US
@@waleedabbas1276 take the w man. trust me if big propfirms are bad then imagine what these small unknown propfirms are like. Go read their bad reviews on trustpilot, the madman replying to the bad reviews is rather sassy
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Maria Davis.
The only reason a prop firm would kick out a profitable trader is because they're entire business model is based on sign ups, so your trades aren't actually registered, they're paying you out of their revenue/income which solely relies on sign ups and people failing the challenges and trying again and again, so now you're actually making their business less profitable. This is why I just prefer to trade my own money. No headaches.
Exactly 💯
Agreed
Thanks Sherlock
Topstep isn’t like that, once they deem you a profitable trader they give you a live account and copy all your trades on an account of their own. If you’re looking for a non shady prop, I’d recommend looking into them
Many firms claim this. Not a single firm A books all or even majority of their funded traders. The best of firms have 5-10% of their revenue outside of challenge fees. Every other firm is paying out payouts from failed challenges. That’s why having a firm with a good reputation, strong liquidity and low costs (own tech and own broker) is critical
I had problem comprehending trading in general. I tried watching other YT trading channels, but they made the concepts more complicated. I was almost giving up until when I discovered your channel. I love the way you break down the content and explain everything in detail. The videos are easy to follow
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face losses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend,,,,, Letecia Malana,,,,, , her profit is great even when there's a dip💥
Andrew is a beast. I think the shady part about his experiences is that these prop firms dont have any hard written rules about risk and overleveraging. He has taken full advantage of it, and with good reason. I'm noticing some props are actually sending out formulas explaining exactly how much is too much risk.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Carla Koren.
I'm surprised that you just mentioned Carla Koren here. I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
You trade with Carla Koren too? Wow that woman has been a blessing to me and my family.
Initially I was skeptical, until I decided to try. It’s huge returns is awesome! I can’t say much.
So true... He said Nobody(newbie) is gonna watch this 1 hour podcast to learn stuff, newbies just want the dopamine kick.
The amount of value Waqar provides to the industry is second to none. Absolute professional hungry for growth and to help others around him. Your impact is felt.
Probably one of the best interviews I have watched. You not only covered trading , but you also covered life . Thank you.
And now you can apply it in your life and make change? Podcasts are entertainment they are not education!
@@HBCTrader you can learn from everything, anything, only if your mind allows you to.
Podcasts are far from being just 'entertainment'.
But, I wouldn't explain much to someone who sees everything entertainment, and skeptical king, without basis.
Having a good broker to assist you as newbie is the main important part of it.
As a new beginner you need a professional broker to guide you.
Yeah cause I tried trading my own account but end up losing so much .
So how can I get to your broker ?
Trading live limited is there to assist you as a newbie.
I’m blessed to have Andrea Lund one of the best portfolio manager.
Great podcast 🎉❤
The man himself!!
You are a scammer preying on the newbies. Why not prove your returns wirh bank statements? You are full of sh*t
I have listened to a number of people doing podcasts in this space; your interview style is reflective of your educational background. There is that finesse that I really like. Kudos
yooo! what a great pod! Andrew is such a nice guy! not only a giant in the space, also a giant in person! haha! I checked out your amazing Alpha Capital partnership, sadly 30% is not working, it is in fact 20% discount. I was blown away by the offer so needed to check. Thanks for brilliant conversation though!
This is the best POD ever done with Andrew! Good job Waqar! ✅ 👍🏽
Waqar, Kyle, Andrew, pasqale, bernd, all traders who i truly respect. Good Shit Waqar, NO FURUS here...
I´m glad I found this channel, this was the best interview with a trader that I ever saw, both interviewer and guest very polite, lots of good information for the ones that know how to listen. Thank you for putting it up. It would be gold to have a place to chat with such erious traders. God bless you.
Felt very good to see the reality of trading. I have learned so much in this video,
Trading is not like gaining sky rocketing candles always gaining 50-150% every time as the reels and tiktoks shows.
Trading 2-3 green candles would be great for longer and consistent profits.
Giving more time for the learning process. I guess i need to do more for learning and practicing.
The psychology part, and the not complicating the strategies watching here and there.
they talk about you being banned because he makes too much profit so that you lose confidence in prop firms, at the same time they are advertising about a brand new prop firm
LOL
Remember that a prop firm is not happy when you earn because:
1. If you DON'T pass the challenges, they keep your initial payment
2. If you pass the challenge, they can see your trades and through market making, they can liquidate you, in order for their shared capital (funded live account) to you, to get it back, and they also know now your strategy and behaviour.
Trading is Haram in Islam. Never do trading if you are a true muslim. ❤❤❤
@@Ahmed_atheist don't stop by here then and get the F out..
This bogus statement. As official statistics show that only 1 out of every 100 passes the challenge and of every 100 those who passed only 1 survive first 4 months- they don’t have to do anything- trades blow up themselves.
If you know how to trade no one will stop you from making profits and even more if he got his records straight and sent his resume to legitimate trading firms they will hire him in the heartbeat. And he will get access to much more money and much more payouts. Like they if he have 7 million in funds with prop firm and keep 90% of profit,they will offer him 100 million and he will keep 20%of what he
makes and it will be more
than what he makes with
prop firm.
He makes 1.5 million of 7 million- it’s a 20% of profit. And he keeps it.
If it’s a 100 million and he makes 20% it will be 20 million and he will keep 20% it will be 4mill.
So please he was doing something not completely legitimate and he just gets thrown out.
@@mijemadalin what a nonsense are you talking about?prop firms don’t have the capital to move the market…as a matter of fact they cannot even pay the funded traders…is all in your head
@@ChyeHeng17 BS lol. Funded accounts r still demo accounts..
not even 25 years old, what a beast...
If you think someone is banned for being too profitable than you are looking at things out of context. I bet you his drawdowns were so insane and his risk reward was so backwards that when he did hit it big he hit it mega big but because degenerate gambling with zero risk management was the name of the game the trader would give it all back and then some if leveraged. Real talent eventually has pools of investors that stick with you if you're just not "too profitable",( like wtf does that even mean?) but also manage your trades and risk well or exceptionally so. This is reality tv. Nothing more than guys who play aggressive Texas holdem and then trade stocks or bonds and take that same aggressive strategy. They then hit it big, lose it all but claim at one time or another to anyone that listens they made millions. What they don't tell you is no prop firm or investors want to deal with fly by night cowboys that have no interest in actually keeping what they earn. Might as well make a video about a religious person that was so religious he got banned by all the churches in his neighborhood.😂😂😂.
like the prop firm giving u real money lol ..these are on simulated platform no trader risking real money aggressive profitable trader are bad for the firm money
I love having on real traders. This who walk the walk and have actually made profit. So we can talk in details about strategy and psychology
Makes for the best episodes and the most fun for myself. Thanks again Andrew for the opportunity! Make sure to subscribe to his channel, he’s on a road to 100k by the end of the year
To add, in this episode we cover Andrew’s strategy, his prop firm strategy, psychology hacks and overall everything it takes to be a successful prop firm trader. Epic podcast 🔥
Bro's strategy is to blow multiple accounts till one of them hits and you then reap huge rewards, covering all your losses, they ban you for being a gambler not for being profitable brodier.
Just to put this out here, gamblers also have risk management and strategies, doesn't stop it from being gambling
Such a good Interview!!! Thanks guys ❤
Waqar is a very good Interviewer with very decent logic and iq maschallah, much love and blessings
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do.?
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I'd recommend Bethany Jennings, her profit is great even when there's a dip
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
You don't need to be shocked haha because I'm also a huge beneficiary of her
Incredible podcast it always inspiring listening to two amazing traders have a discussions
1st Lesson of the Day - Simplicity and Humility! ❤
Amazing guy Andrew, but, give it to Rizdom, he’s a very good interviewer…👍🏾
I am actually trying get into…so i am trying to be new and yes i watched the whole 1hr+ podcast…that’s literally all i do for the past almost 2months now
And waqar just make things more clear and clear thank you sir❤
These virtual prop firms won't survive as they were never meant to. It was always a temporary thing. The only way for a firm to thrive is to have profitable traders that are well compensated and that want to grow the business instead of just thinking about payouts. If you were an investor would you give your money to any of these firms with the expectation of returns?
Prop firms are the new cancer in the trading community. They allure traders with giant account sizes but once you start making money consistently they kick you out.. Can't be a long term success strategy people..Instead, hone your skills and work on growing your OWN account ..
That's why it's key to grab as much money you can from these propfirms, then put majority of those payouts into a personal account. People get these big payouts and end up spending it in the wrong things.
Buy a challange, pass it, get your payout, invest into another challenge, pass it, get your payout and repeat. Then grab a big amount from those payouts & invest it into your personal, that's how it should be done.
New jokers in town😂😂😂😂😂
I wish cancer paid you 50k and then when you earn 30k it banned you 😂
@@nas.a95you say it like that shit is easy lol
Trading is haram in Islam. Muslim should never do trading. ❤❤
Brother this channel is literally the visual representation of the book "Market Wizards" and you are the young Jack D.Schwagner who is interviewing the current top traders of the world.
Very rarely do people give credit to their parents /families for their success on podcasts, they want to look like they did it all alone...kudos to this interviewer!
They don't need you to give them credit. Why is that do important???
Over qualified for the job.... Regardless the Firm's business model ... WHY a extremely profitable trader would need a founded account.... ???? What about Go and find a Job in a hedge Found??? Or open its own Firm???
I want to try founded accounts because i hate the idea of acidental margin call at this time of my trader journey. And also even if i fail .. i get my feet wet on futures.... Im a option trader now... And futures are so straight forward and precise compared to udermined prices of options contracts
I'm favoured, $60K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,,
AS!! I know it's possible, I'd appreciate it if you showed me how to do it.
So you guys know her too?...
she made my husband and I have our own house and car.
She is good!
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert mrs Charlotte
Please how can I reach this Expert Mrs charlotte everyone is talking about?
@@jerryjohn6525he goes to sleep, he dreams about making $60k a week and then he wakes up and realizes it was all a dream from God
Incredible episode. Great questions as always Waqar. Learned a lot from this 👍
Very inspiring podcast. Nice persons. Very good questions. Thank you
I have never agreed with saying that trading is NOT Gambling, where there is RISK there is a gamble, you consider the risk and you win or lose.
It is posh gambling, nothing more nothing less, there is no need to kid ourselves with snobbery !
Great podcast, thank you fellas.
Waqar, would you be able to recommend some books on communication or areas of study therein? Your communication skills are excellent and I would love to learn from sources you might be able to recommend.
Either way, thank you and God Bless.
Man...I took a break from trading in2020 and now I come back and these places have changed everything!
Whats crazy is that these podcasts are even funded and produced by the firms. So...genius busness model. I wish I could see the order flow they see. They probably fade the worst tradrs
@@mrchrisadams43 get the data from CME and compare with the propfirm data…I did and they’re the same…stop blaming others for your incompetence
When you make money prop trading the company makes money. No one bans anyone for making them money
trust me i see trading as an oppotunity but am stucked in btwn where i have to provide for the family and also give time for trading practice.
alhamdulillah i watched some of yur trading podcasts and also studied yarimi's course.
but i wish i had a time where i dont stress abt family and just focuss on the journey untill i am that place where i can full fill their dreams but inshaAllah slowly i wil be there no regret.
so good to hear you guys dropping some gems here🙌 that is some real we needed.
big love and thanks.
How is yarimis course is it worth it
@@sus8485 go for it man its top icl
Does anyone know that a book broker account he's talking about,,,and how would he get it with 100millions??
It's difficult for an antelope to realize how is being hunted by cheetah since they're using highly very technique sometime friendly manner,love , sympathy etc just to capture the antelope into the mouth of crocodile
Very good interview, thanks Andrew for sharing your knowledge and experiences💪🏼
Great podcast guys
I agree psychologically is first. Psychologically makes up 80% if not a little more of a trader.
So is better I buy 6 x 50k accounts or one 300k account? Because off the size off the payouts.
Nice podcast you are doing great job.
Thank you james bond
27:35 You do realize that your order has market impact, right? Its not that something magical is happening, when a large order hits market it moves that market.
Beautiful interview waqar is one that squeeze the hosts to deeper lvls, Hope you can have derek vandy next ❤️❤️❤️👑
Thank you bro
@@WaqarAsim. 🙏🙏
Tidbit about if there is a big news day in a week to scratch off the other days of the week for trading was an original thing I hadn’t directly heard from someone else before. Makes sense for those who prefer to always trade with liquidity
So all of you think, that someone who does not know you will let you trade their money in the financial markets? Without experience, knowledge or track record? You cannot make money from day trading as main strategy as a retail trader. If you cannot understand this, you don't understand anything. Be honest to yourself. Prop firms that want your money earn from you. They do not even put your trades in the stock market. They risk nothing. They know that with day trading is imposiible to make money. And if you would be profitable you can't because of the trading rules they apply. Their business model is to exploit others. They profit from subscriptions.
He said by himself.....after securing 1-2 % , HE GO Aggressive which is bad for Firm , So definitely Prop firm don't want him . BECAUSE he doesn't care about Prop firm Capital......he can buy other challenge but what about losses that he gave to prop firm while going Aggressive 😮
Whats this guy talking about gurus and dopamine hits? He's doing the exact same thing on his instagram and twitter..
best podcast ever!
This is a great interview, especially this part 1:05:36
It sounds like he does the ICT method. After the asia raid, its called the Silver Bullet.
He does SMC I think
More like SMC Entry Model with his deep understanding of Market Structures
Well, this guy is actually talking like someone who studied ICT 😂
Dont want to go through full interview can someone tell me did he mention what prop firm was it?
What market do you trade, Forex? or futures?
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.💯
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.
*She often interacts on Telegrams, using the user-name...*
*@VickyBesin*
Thanks for the recommendation I just contacted and she attends to me nicely
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.
I'm new at this, please how can I reach her?
*She often interacts on Telegrams, using the user-name...*
*@VickyBesin*
I like to see good traders it is really motivating me
One suggestion please ask one live practical strategy in interview
That's very true from Andrew! You wouldn't watch this vd if you're fresh in the industry. Glad that I watched XD
ive noticed that every profitable trader that shits on ict uses some ict concepts, im not sure why shit on ict if youre using his stuff
I’ll never forget taking prop firm challenges with FTMO a few years back and the math NEVER added up with my entry to my exit accounting for commission and spread. There was always 3-4 pips of missing profit and on 20 lot trades that’s not a small percentage especially when trying to hit a profit target.
At 12:50 min - is he staying you need to make 80% not only 8%? I dont understand
80% of your overall drawdown. You can't lose more than 10% of the total account..
10% of the total account is your real money value, because that is all you are allowed to lose.
You are to make 8% of the total account value which is 80% of the 10% which is your money value (overall draw down )
Great content son! Always good stuff.
DUDE YOU ARE AN ICT TRADER
This will not make sens, unless a legit Prop Firm. After all, they are splitting profit, they always win, as long as you don't have a major drawdown in your funded account.
Only the fake, illegitimate prop firm will kick you out for being 'too profitable'. Otherwise, it makes zero sense.
HOW WE HAVE ACCES TO THAT FREE TRADING CARE PACKAGE AND THE COMUNITI?
Great pod Waqar!
No. If this guy is such a big baller why is he starting a prop firm? I can accept that someone who is good at trading wants to educate others. In some situations I can accept that. But a prop firm is a different kettle is fish. People who CANT trade start prop firms.
Apex just paid one trader near $2m and another one $1m. Has to be way more to the story.
Why not jus put some of your profits towards your own personal account and not have to worry about prop firms?
I work full-time. I trade option so I am not glued to my screen. I use this simple method and win most of the time. Very slow process
does't prop firm geting a lot of comision of traders profits
Can you name those propfirms which aren’t going to “ban” you once you’re profitable? Thanks
FTMO alpha capital group funded peaks
Agree on the first two. And I think it’s too early to judge any prop that is under 1 year old so any new firms I would say better to wait and see how they evolve
@@titans.of.tomorrow Facts. I just added them cuz I trust Pasquale judgement, hope he continues to do the right thing.
The 5ers.
Top5ers and the trading pit
I used TOT code but i dont know how to access the community
I am very confused what you are interviewing.
I dont see the logic of getting banned if you're making them money. It's either i'm stupid or you are, but its probably the latter.
This man has clearly made a lot of money. Why is he in need of a prop firm? Use your own money... Am I missing something?
risk is small just the prop account but the profit from those accounts are big
yes but what prop firm bann him?
Good one...A restricted trader is a profitable trader
If you already made millions, why still use prop firms?
Mandru ca este roman!Felicitari Andrei!
16:33
He got banned for gambling and for changing his trading strategy. He risks too much and doesn’t care about losing accounts. Those were his words
How can you “risk too much” when it’s within the prop firms rules and parameters and also he makes profit… I call that calculated risk to grow faster
@@titans.of.tomorrow you need to see one of his private account with bigger money inside over thousand trades. then you can see he is a good trader or bad trader, at moment is impossible to say.
at the moment he can be loser or winner trader in real accounts, prop is other kind of game (in reality its not trading, its playing a game).
Please list out those prop firm.
Thank you❤❤❤
And,,,, what are the names of these propfirms that bans him? We need NAMES! Are we in politicaly correct show? Give us the names of these 10+ firms. Thanks
This episode was a banger mashallah
Trade futures.. forex props are a massive risk
What risk? If you’re with a reputable firm it’s significantly better than trading props in futures
Funded Engineer A Book?! 😂 Guys closed and run away with everybody's money! 3:15
Awesome podcast thank you so much ❤
6th time I'm watching this podcast 💎
Brother, it awesome podcast; if your close group membership opens back up Waqar.
If prop firms were smart, they’d keep this guy and make money off of him