went into drawdown in 2021 on ftmo -9.5% I only had 0.5% to blow the account I during those moments I realised a lot of. weakness weakness in trading ( mindset and discipline) I had backtested my system and knew I had an edge but the focus to do same on live was very bad.which made me realise backtesting doesn't mean you will win in trading. but I stayed focused and used 2021 and whole of 2022 to strictly stick to my system and slowly grind up. I stopped aiming for money but focused on performance and I have almost recovered.. some one reading will say yeah took me forever but am glad because it has built solid solid resilience and 100% trust my system, and I am more focused on the mind set . so Albert is 1000% true on this.
Mate the value you provide is incredible, if more people would only realise. Keep doing you, good transparency with this topic. Everyone goes through drawdown patches, it's how you deal with them that counts. That's the real test of character. Anyway have a good day mate, video is spot on 🏆💯🔥
man this was the pep talk i needed. I was feeling like an idiot for this losing streak. was about to block all my accounts and take a break for a week but now i feel fired up to get out of this hole. I have done it before many times and as you said there is no room for error. Looking back on my data it is actually when i have traded my best. Thanks, your energy and insight has helped shift my mindset
The Most Crucial and Imp Point 4:30 IN Simple Words What Albert is Trying to Say is Edge + Probability = Random Distribution So Don't change Risk on Trade You will never Know Which will be a Winner or Loser they are Totally Random what you can do is just use your TA Skills to increase the Probability of a winner " as i said you can just increase the probability of a Trade but you can never make it 100% " Don't get Attached to outcome of a trade " Measuring Trade outcome on daily Basis is Just Useless only review you Trades on Monthly or Quarterly Basis " and what i have seen many PRO traders use 25 Trade Rule they Take 25 traders with Their Edge and then Review it and Improve mistakes and again Repeat usually Known as " Risen and Repeat Rule"
Spitting facts bro, having that belief and confidence in the system and not changing anything especially during drawdown and losing streak periods is key 🔑
lol i trade ICT concepts and ever since ive been avoiding any content that doesnt resonate with my community but your videos have always provided me with more value than i get from the people in my community THANKS MAN
I’m 6 monthes in studying the charts ! I’ve slowly added money into a personal account ! And trading forex is much harder then I expected ! My mindset is reslient as it gets ! I’m trying to find myself as a trader right now I’m not sure if I want to scalp or intra day ! But I have takin 1 mentorship and I think I need another one from somebody ! I extracted all the value I can from this one I’m in ….but I’m actually in that beginner faze where my mind is overwhelmed with how much I have been studying and looking at charts !!! I will never give up tho ! Thanks for this video bro and of YALL have anybody you recommend as a mentor holla atcha boy 🙏🏻😇❤️ GOD BLESS YALL AND I PRAY FOR ABUNDANCE IN YIUR JOURNEY 🙌
Thanks Albert! Very Informative, majority of traders don't show their losses and it makes someone to feel there is something that needs to be changed in their trading plan or their strategy, the secret is in thoroughly understanding your system and believing that it has an edge and it will make you money over the long run.
Nice video. in 2022 I had a losing streak for 2 months in a row in September and October but overall in 2022 ended in profit. In June 2023 I lost, and this July I'm minus 410 pips even though I have a target of 560 pips. I feel stressed because I need 560 pips to pay off the debt. I feel stuck
May was absolutely terrible for me. I'm in a challenge and I have reduced risk, just so I know when the market comes back around and to preserve some capital. Nice video man
Great video bro! I just lost an account, but a couple days later I had a payout on my other one with True Forex Funds. It is important to learn how to deal with these kinds of situations. Again, great stuff; keep up the good work!🔥
Great stuff bro, I've finally got my system and had 2 months consistency so moved to prop. I'm definately feeling the mindset shift now.. but will keep at it.. sticking to your system is so important.
I think from listening this video I realized that I coded an EA that from back testing had good months and had bad months but because the equity curve is not in an upward move over the dataset period, I gave up on it. If I can remember well, it didn't make 10+ % every month in that period and I tweaked but couldn't get it to make more than 10% on a monthly. My mindset was that of my misunderstanding of what drawdown actually is, what profit actually looks like, what account compounding looks like and I was so focused on can my EA pass a prop firm challenge and can it do it consistently every month.
Yeah very easy to fall into that downward spiral man, all comes down to your image and perception of things. Maybe re visit it with a different mindset and see how you get on man.
Hey there, caught some great tips here again. Can I ask for to make a video going deeper on what drawdown actually looks like. The reason I ask is I think drawdown can be different depending on who you ask. An example may be, I started trading day 1, month 1 with a 5k account and by day 20 the account is down 200, that is 4% drawdown right. Example two would be, I started with a 5k account, day 1 in month 1, by 40 my account is up by 600, that 12% profit but by day 65 the account drops to 5450, that is drawdown of 3%. You are still net 9% in profit overall. In example 1, I'd call that negative drawdown and example 2 positive drawdown. So month 1 you be in negative drawdown, month 2 you can be in a great month even, month 3 in drawdown, on a losing streak but still in net profit, month 4 can start out negative but you are still net profit and can still turn things around by following your edge that you have proven it can work, it does have an edge.
Damn man I’ve been using my system since the beginning of last year and I’ve journaled every trade that fit my system since then. The most trades I lost consecutively have been either 2-3. System is very simple. I go for 1:3RR with a 65- 70% win rate and roughly 3-5 trades a week but this week so far Monday and Tuesday I’ve lost 7 trades back to back which has never happened to me before. Kinda scary because I’ve never experienced this before and I usually get less setups than this but all these trades fit my system 100% and I’m kinda shocked of this. Has this happened to you before? It’s kinda worrying especially since it’s the first time I’ve experienced this. What would you recommend? Just a hiccup? Or maybe something worse ?
Disagree that there isn’t traders making 10% consistently a month. I personally know and have seen accounts of those who do. Just because you don’t don’t set expectations that it’s not possible.
In the words of Tom Hougaard " The best loser wins" definitely so true in this game
Facts
went into drawdown in 2021 on ftmo -9.5% I only had 0.5% to blow the account I during those moments I realised a lot of. weakness weakness in trading ( mindset and discipline) I had backtested my system and knew I had an edge but the focus to do same on live was very bad.which made me realise backtesting doesn't mean you will win in trading. but I stayed focused and used 2021 and whole of 2022 to strictly stick to my system and slowly grind up. I stopped aiming for money but focused on performance and I have almost recovered.. some one reading will say yeah took me forever but am glad because it has built solid solid resilience and 100% trust my system, and I am more focused on the mind set . so Albert is 1000% true on this.
Huge growth mate well done don’t even worry or entertain what others say end of the day it’s your journey and about you vs you that’s all
Mate the value you provide is incredible, if more people would only realise. Keep doing you, good transparency with this topic. Everyone goes through drawdown patches, it's how you deal with them that counts. That's the real test of character. Anyway have a good day mate, video is spot on 🏆💯🔥
Big love my brother you know the vibes man have to spread the correct message as always set out to do, have a great weekend dude💙
man this was the pep talk i needed. I was feeling like an idiot for this losing streak. was about to block all my accounts and take a break for a week but now i feel fired up to get out of this hole. I have done it before many times and as you said there is no room for error. Looking back on my data it is actually when i have traded my best. Thanks, your energy and insight has helped shift my mindset
The Most Crucial and Imp Point 4:30 IN Simple Words What Albert is Trying to Say is Edge + Probability = Random Distribution So Don't change Risk on Trade You will never Know Which will be a Winner or Loser they are Totally Random what you can do is just use your TA Skills to increase the Probability of a winner " as i said you can just increase the probability of a Trade but you can never make it 100% " Don't get Attached to outcome of a trade " Measuring Trade outcome on daily Basis is Just Useless only review you Trades on Monthly or Quarterly Basis " and what i have seen many PRO traders use 25 Trade Rule they Take 25 traders with Their Edge and then Review it and Improve mistakes and again Repeat usually Known as " Risen and Repeat Rule"
Spitting facts bro, having that belief and confidence in the system and not changing anything especially during drawdown and losing streak periods is key 🔑
That’s it my bro hope you’re good g
lol i trade ICT concepts and ever since ive been avoiding any content that doesnt resonate with my community but your videos have always provided me with more value than i get from the people in my community THANKS MAN
I’m 6 monthes in studying the charts ! I’ve slowly added money into a personal account ! And trading forex is much harder then I expected ! My mindset is reslient as it gets ! I’m trying to find myself as a trader right now I’m not sure if I want to scalp or intra day ! But I have takin 1 mentorship and I think I need another one from somebody ! I extracted all the value I can from this one I’m in ….but I’m actually in that beginner faze where my mind is overwhelmed with how much I have been studying and looking at charts !!! I will never give up tho ! Thanks for this video bro and of YALL have anybody you recommend as a mentor holla atcha boy 🙏🏻😇❤️
GOD BLESS YALL AND I PRAY FOR ABUNDANCE IN YIUR JOURNEY 🙌
🖤
Oh yea I agree when I find myself in deep deep draw down and I get myself out. That to me is a major win.
Thanks Albert! Very Informative, majority of traders don't show their losses and it makes someone to feel there is something that needs to be changed in their trading plan or their strategy, the secret is in thoroughly understanding your system and believing that it has an edge and it will make you money over the long run.
This Video was lowkey met for me. In a crazy drawdown coz i broke my plan, felt lost but now i have an idea on what to do. Thanks Dawg.
💙
That’s a good point about drawdown months.
This is some top notch Content not what many people want but it is what many people need
Yeah many don’t no what they need till it slaps them in the face bahahaha
Always coming with the content people NEED! Abundance of value if people scroll through your vault of videos!
Big love my g
Nice video. in 2022 I had a losing streak for 2 months in a row in September and October but overall in 2022 ended in profit. In June 2023 I lost, and this July I'm minus 410 pips even though I have a target of 560 pips. I feel stressed because I need 560 pips to pay off the debt. I feel stuck
May was absolutely terrible for me. I'm in a challenge and I have reduced risk, just so I know when the market comes back around and to preserve some capital. Nice video man
Great video Alb! Deffo agree & learned from personal experience that I was reacting to DD badly and it used to affect me a lot.
Oh My I really needed this man ❤
Great video bro! I just lost an account, but a couple days later I had a payout on my other one with True Forex Funds. It is important to learn how to deal with these kinds of situations. Again, great stuff; keep up the good work!🔥
'Real Traders Are Made In Drawdown' - real recognize real.
Facts brother
This video was very helpful for me, especially since I am currently at -4%. Thank you."
Awesome stuff, will try out your suggestion on not halving my risk when in DD
Great stuff bro, I've finally got my system and had 2 months consistency so moved to prop. I'm definately feeling the mindset shift now.. but will keep at it.. sticking to your system is so important.
Let’s go man
I think from listening this video I realized that I coded an EA that from back testing had good months and had bad months but because the equity curve is not in an upward move over the dataset period, I gave up on it. If I can remember well, it didn't make 10+ % every month in that period and I tweaked but couldn't get it to make more than 10% on a monthly.
My mindset was that of my misunderstanding of what drawdown actually is, what profit actually looks like, what account compounding looks like and I was so focused on can my EA pass a prop firm challenge and can it do it consistently every month.
Yeah very easy to fall into that downward spiral man, all comes down to your image and perception of things. Maybe re visit it with a different mindset and see how you get on man.
Hey there, caught some great tips here again.
Can I ask for to make a video going deeper on what drawdown actually looks like. The reason I ask is I think drawdown can be different depending on who you ask. An example may be, I started trading day 1, month 1 with a 5k account and by day 20 the account is down 200, that is 4% drawdown right. Example two would be, I started with a 5k account, day 1 in month 1, by 40 my account is up by 600, that 12% profit but by day 65 the account drops to 5450, that is drawdown of 3%. You are still net 9% in profit overall.
In example 1, I'd call that negative drawdown and example 2 positive drawdown. So month 1 you be in negative drawdown, month 2 you can be in a great month even, month 3 in drawdown, on a losing streak but still in net profit, month 4 can start out negative but you are still net profit and can still turn things around by following your edge that you have proven it can work, it does have an edge.
Wise words, great video mate 👌🏻
Top quality video bro!
Thanks bro
It doesn’t matter how clean your chart is cos at the end of the day we are all here to make money … deep shit ⚡️
It do be factsv☑️
What's your biggest loosing streak?
Nice one buddy...
One of the realest trader out there 💯 🙌 keep making like this contents
Big love g
Nice one big man
Great video mate, keep going
Great video as always to start the morning off bro💯👌🏾. Hope you enjoy and have a great rest of your day🙏🏾
Thanks for tuning in brother right back at ya man 🙏🏻
Enjoyed your video, it was insightful and entertaining.
Powerful stuff
Thanks Albert , real talk :)
Amazing Vid again Alb! 👌👏
Love family 💙
Facts - always!!!
Thanks
Big ups for watching man
Always transparent with facts albs 💯💯. Nice video mate 👍
Thanks brother hope you’re well mate
Good advice as always!
Always dropping the value Albs 🔥🔥
Nice one dude
What would you recommend to do along side trading?
Losing streak? Weird...99% traders in youtube always posting greens n blues in their videos
Your advice got me lit 😊
Damn man I’ve been using my system since the beginning of last year and I’ve journaled every trade that fit my system since then. The most trades I lost consecutively have been either 2-3. System is very simple. I go for 1:3RR with a 65- 70% win rate and roughly 3-5 trades a week but this week so far Monday and Tuesday I’ve lost 7 trades back to back which has never happened to me before. Kinda scary because I’ve never experienced this before and I usually get less setups than this but all these trades fit my system 100% and I’m kinda shocked of this. Has this happened to you before? It’s kinda worrying especially since it’s the first time I’ve experienced this. What would you recommend? Just a hiccup? Or maybe something worse ?
What percentage of your account do you risk on your live account?
1%
Show me your loses
Show me your loses
Show me your loses
Show me your loses
Good
That 25% don’t work tried it two weeks in a row
Because they go within 30 seconds mate 😂😂
Sweet
🔥🔥🔥🔥🔥🔥🔥🔥🔥
Great Value ✅,but I must ask who is Forex Masha 69,we must find him 🤣🤣🤣
😂😂😂😂
First to view lol 😆
FIRST COMMENT LETS GOOOOO
Shhhhheshh let’s go then
3rd 😅😂
Disagree that there isn’t traders making 10% consistently a month. I personally know and have seen accounts of those who do. Just because you don’t don’t set expectations that it’s not possible.
@@Jimmy-lb1yc keep Believing that
@@Jimmy-lb1yc don’t think you’ve networked with the correct people then
@@Jimmy-lb1yc there is traders who make 10% a month consistently
Bait thumbnail 🤮
-4% is 40k so it’s kinda bang on 😂
Mate, if you have above a 50% win rate and your r/r is 1:1 you will be profitable. 1:2 doesn't need a 50% win rate
Incorrect, 50% win rate 1:1 makes you break even, not to mention the commissions and fees etc.
some facts motivation 😇🤍✔️😌