How I MANAGE 7 FIGURES in FUNDING
ฝัง
- เผยแพร่เมื่อ 13 มิ.ย. 2024
- How a funded trader manages multiple 6 figure accounts.
Trade Copier: www.trade-copier.com/
Broker that I use:
📊 Blueberry Markets - bit.ly/BBmarkets (Optional 20% Bonus) (Excludes US and AUS residents)
⚠️ How the deposit bonus works: • Don't be FOOLED by the...
📈 Trading Platform - bit.ly/KimmelTV (30$ off with this link)
SOCIAL:
📸 Instagram - / rafaelkimmel
🐤 Twitter - / kimmeltrading
DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational and entertainment purposes ONLY. I'm simply documenting my trading journey so that you have the potential to take ideas and inspiration from the videos that may help you within your own journey. But remember, trading/investing of any kind involves risk. Your trading/investments are solely your responsibility.
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#ForexTrading #ForexJourney #ForexTrader - บันเทิง
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Great video man! Your content lately has been soo good! Loving it!🎉
Thanks mate! I appreciate it a lot!
Awesome! Gonna set up some demos with these settings and try it out. Thanks dude 💪🏼
Let’s go!
Thanks alot for this,I was thinking about how I will go about the spread due to direct prop firms now I understand better
Always thank you Kimmel
👌👌👌👌
Great video, thank you for sharing!
Duplikium, Social trader tools, Forexcopier, Tradersconnect
Not all hero wear capes
What are these?
What is TH-cam?
What is prop firm?
Thank you!
Thank you!! It's really helpful for me
Perfect! 👌👌
Appreciate this video kimmel thank you 🖤
🫡🫡🫡
Thanks
Great content
Your video was well-presented and engaging, thank you for sharing.
Thank you!
Kimmel another awesome video.😀 Thanks. Would you share more about how do you manage a small initial funded account while building up new challenges. It'll be so much value for starter. Much appreciate.
I rate this video great template, the whisper was gold gg 💯
Thanks mate! I really appreciate it
Sierra Chart is a trade platform that has a built in trade copier and a built in replay function.
Hi Kimmel big fan of the channel,loving the content lately must say the quality has improved big time are you using a different production set up? Also i have a suggestion for a video maybe you could record setting up MT4/MT5 from scratch and executing a trade showing how it works.Its something im struggling with as i was using demo on my phone before and now trying to use computer and find whole inter face confusing would appreciate if you could help.
Thanks for the recommendation Thomas, I will see if I can maybe fit it in a Day in the life! But there are definitely good videos on youtube explaining everything
Love the video!
2 questions tho.
1: if im not mistaken, MFF requires all trades to be assigned with a SL. But your copier doesn’t copy the sl to your funded acc. How does that work then?
2. I’d say this can be a bit risky for traders with less experience.. being caught with slippage or something probably takes you out cold:) what do you think?
You are adorable, especially on those few seconds (within the first few minutes) that you don’t get too serious 😊. Great content as always, and full appreciate the honesty with the affiliates. Do some lives again soon, please.
Haha thank you!!
great job, buddy. The5ers offers support by providing all the tools required for trading and also has a live trade room.
thanks bro
🫡🫡🫡
Great vid, do you keep risk at 2% on challenges phase 2 or lower it? Btw I manage exactly the same as you with different risk percentages. I do 4% on personal and here's why: I'm not going to get 25 losses in a row. I think it's important with experience to know your risk of ruin. My max consecutive losses have been 8. Also, having 100k of my personal money with any broker and using only 1% per trade imo is riskier than having 25k and using 4% per trade. This is just in case that broker busts for any reason.
Love the way you are speaking bro, you don't say 'if' i get to 7 figures, you say when I get to seven figures, love that, keep it up 🔥 👏 👍
100%!! Words are very important!
Hello @Kimmel Trading , is this not termed 'copy trading' which violates most prop firm's rules? Can you get the trades copied into different accounts with different prop firms?
Thanks bro, the video was really helpful. My question is on taking partials, those that also work automatically?
Yes, also works automatically
@@KimmelTrading thanks boss
Thank you for this video for the explanation and the introduction! I thought Social trader was it...
It also is, I just use whatever hahaha
@KimmelTradingI imagine your trade copier is similar to any other (I use social trader tools) but I want to use your strategy of not copying the SL. Before I do my own experiment I wanted to know if the trade closes when the master closes either SL or TP gets hit or I just close the trade manually? Great video!
keep up the good work....love you loads
Valuable !!!
Thank you!
great video! Is there a comparison on which prop firm has the best spreads? Thanks!
Yes, last week’s video, and the video where I compared 10 prop firms!! It’s called (All you need to know about prop firms)
You never stop to bring the heat Kimmel
Great content as always
Say if you were to start watching ICT from the beginning man, where would you start?
I'd appreciate your response man🙏
Thanks mate! Depends on your level trading. But I would start with the Forex primer séries if you already understand about trading basics
Edit: in my video “my favorite ICT lessons” I talk about the order to follow
@@KimmelTrading thank you man
You're a legend🔥
Hey I wanted to ask you that did the Falcon FX membership helped you to be a better trader? Can you please 🙏 kinda give me tips on which forex community groups should I join in order to become a better trader.
Do you start risking 1% in the verification phase since profit targets are halved at 5% usually?
noted*
Thanks for this vid. Much helpful. What are your views on Social Traders tool?
It’s another one that is popular. Never tried it, so I have no real opinion
Hey Rafael, one question. At the moment when you take a trade in your main account in MT4, do you need to have open the others brokers? Or it just works automatically even if your account are not set in MT4. Thank for your info man. Best of luck
It works automatically
Great content, Kimmel! Keep going brother!
Just one question can I use any funded account to be my main master instead of my personal account on this trade copier?
Yes you can
Hi Kimmel, nice video, ...could you do a review of the mt4copier tool? ....do you know why Duplikium and Social trader tools have such a bad rating on Trustpilot?
Thank you.
Hi Kimmel , there a standard rule on some prop firms that EA's are not allowed, if I use duplikium to link up my accounts is that considered as an EA ?
For example the TFT say no EA is allowed
Have you ever tried Replikando ?
Can you tell me how to use tradingview with the funded trader please
when you are funded on Multiple prop accounts, can you link all the payouts to one DEEL accounts or do you need to create multiple DEEL accounts because each funded challenge has a different contract?
Quick question but for the prop firm accounts some prop firms won’t pay you out if you don’t put an SL on your trades but I don’t see you do that for the prop firm accounts. How do you counter that because this is especially true with MFF?
Does the trade copier place a market order on the slave accounts when TP or SL is triggered then? Say it hits TP on the main account -> all other accounts close the trade?
I alternate between doing this and also having 3 active accounts and letting 4 sit, rotating them. OR ill scalp two accounts and then swing trade 2 and let them sit. Lastly my worst month is nov so during that time i swing trade the Weekly on one account for literally just rent,food,bills < $2k and then take the month off.
Hi kimel i hope u answer
What the added app u use to adjust tp and stop with out doing it manually ... please tell me
Hi Kimmel! Can the slave accounts belong to a different prop firm than the Master account?
Do prop firms such as Funding pips and Alpha capital group allow you using trade copiers?
I was reading their rules and it looks like a no
Thanks
Make sense 💯
👌👌👌
Hi Kimmel, How fast are the copier trader betwin the main account and the slave account ?
What do you think about taking a small challenge account as the main account and a 200k account for the slave account as the psycho behind is more easy, i think you get it. Thanks in advance 🙌🏼🙌🏼
Hey man I noticed that the copier i currently makes use of only works while both mt4 is open on my system, for example if i am on the road and i place a trade on my master account it wont copy to other accounts. Which one do you suggest i use
Hi Raf. What app were you using on your phone in the video to tap and adjust the TP & SL? was that the MT4 App?
MT5
Answer this question pls.... Which prop firm do not increase spread and don't do slippages in live account to stop profitable traders?
How can the trade copier calculate your risk on your other prop firms account if you didn't copy the SL
Great content as always!! As a fellow ICT student just wondering if you’re funded for Futures & trade his ES set ups? Also if you know a trade copier for Futures props such as Topstep or Apex that works easily like these Forex ones, it seems a bit more complex to me…thank you so much!
I have never looked into futures prop firms, I don't really like how they are structured. And I got funded through FX and some futures trading
Cool thanks, trying to navigate it & its definitely not as easy as FX!
If prop firm A says us100 Nd prob firm B say nasdaq, will it be able to detect that its the same indice on the social trader or
Hey thanks for the video man. Very useful. I was wondering if by using this copier it will trigger / notify prop firms that don't allow EAs. For example my standard TFT account does not allow copiers. But will this avoid detection / how do they even know?
Yes, if the prop firm doesn't allow EAs, you can't use the trade copier. That's why I always go for the prop firms that do
Thank you for the video... Is that Mt4 on your phone? How were you able to move your SL and TP around on the Screen??
It’s MT5 on my phone, that’s why I was able to do it
Oh... Even with Mt5 I can't... How did you do it please. I really need something like this
Nice video.. you took it outta my mouth
🤝🏿🤝🏿🤝🏿
Hello Kimmel, thank you for your Lifehack with copying personal account, though I wonder, how do copier automatically calculating a positions sizes, let's say 2% of your challenge account if it doesn't setting a stop loss, hence it do not know how many pips stop loss and what lot size it should be for risking this percentage?
Hey hope you see this, different prop firms have different lot sizes for indices, for example 1% on one 10k challenge can be 8 standard lots but 0.50 on another prop firm... How does the trade copier deal with that
The trade copier knows all that 🫡
@@KimmelTrading thanks
The Goat himself.
🔥🔥🔥
Kimmel in the House 🎉.
🦍🦍🦍
So we need to make sure that the prop firms we trade with allow trade copiers AND no SL on live accounts?
Yes, exactly
How does it calculate the risk if you don't copy SL. I don't get that.
Great video! I have one question. If you are doing scalp trades very fast, the copier still can handle it well??
Keep it up the good work! 💪🏻💪🏻💪🏻
Depends on how fast is very fast. Executions take around 1 second
@@KimmelTrading thank you 🙏🏻
Hello
Does the drawdown EA work for any prop firm or only MFF?
Hey Mate, Nice content! whats your broker? Cheers!
Hey Kimmel, thanks for sharing your knowledge. Quick one, what propfirms allow this copy trading approach?
All of the ones I use. IF you are copying from your master account
@@KimmelTrading does that mean I'd need a Master account for each propfirm? One of MFF to copy to other MFF acounts, another master account of TFT to copy to ther TFT accounts, and so on?
Hey man, without a stoploss on the slave accounts, how does the program know how many lots to buy? If it doesn't know when you are going to sell, how does it calculate the 0.3% balance risk?
Because the lot size goes in proportion to the balance you have. 100 lots on a 100k account is 10 lots on a 10k account
So you can use trade copier also for My Forex Funds?? I thought it’s a breach of contract for MFF to have a trade copier?! Please confirm
Not in the evaluation account
Hi bro, what's the platform u using in mobile?
Great video Kimmel!
I wanted to ask u if u are portuguese? Your accent brings some portuguese vibes, and you said that you are living in pt, the only think that doesn't match is your last name.
Keep it up as always! :)
Yes hahaha, I am Portuguese 😅😅
@@KimmelTrading Happy to see a portuguese bringing this type of content! :)
Which prop firms allow slave accounts?i heard some only allows to keep their account master account
Royal challenge on TFT, MFF, and TFF, and more
Great video, and very insightful. Aren't some prop firms stopping this? Which prop firms would you recommend to do this with? Which ones are you doing this with? Thanks for your videos, and keep it up.
TFT Royal Challenge, MFF, TFF. These are the ones I use with a trade copier. As long as you don't copy someone else's trades, and the company allows trade copiers, then it's fine
@@KimmelTrading What about with FTMO do they allow copy trading?
I didn't know ppl could adjust stop loss and tp like that on mobile, how did you get that feature?
It’s MetaTrader 5 🫡🫡
Thanks Raf, another really useful video! Question: as a trader about to embark with prop firms, knowing what you know as of today, which prop firm would you recommend I start with? I think I’d like to go for a $300k account (which limits my options), so I’m thinking TFT based on your latest feedback - would really value your thoughts buddy! 🙏
As far as I'm concerned FTMO is the #1 choice. Most trustworthy. Most other prop firms have an unserious side, be it hidden rules, accounts arbitrarily shut if you make too much profits, terrible slippage / spreads, or simply the risk of going bankrupt. As it seems the5ers aren't too bad though, for me the #2 choice after FTMO. Hope that helps
Depends. I would wait just a little bit because TFT will release a no time limit challenge, and then use TFT. For now, I would ask myself what you value the most, because you also have TFF with a great option. But the most reliable right now is definitely TFT
@@KimmelTrading Thanks Raf, really appreciate the reply. TFF are also on my shortlist (especially following your recent vid on them), but only offer up to $200k currently, which is what swung me to TFF. Any idea how long until TFT are likely to offer the ‘No time limit’ plan?
Thank you Kimmel but does FTMO allow the copier though?
I think so. I personally don't use FTMO, but when I did, they allowed it, if you are not copying from someone else
sir as you take same trades on all your account if you are on a loosing streak then all funded account can be on risk
any thoughts on this?
I don't risk much, and if I am not gambling, it's not an issue
kimmel what do you mean by asset under management ? can you please explain this
Assets under management is how much prop firm capital and money you have in your accounts
How do you calculate lot size on the main account?
Position size calculator
Bro when i want to risk the same amount on slave like on main account i write 1?
Hi Jimmy,
I have A question. Lets say you have 5x 100K funded account and you risk 0.3%.
What is you strategy with withdrawals and profit targets? For example: when you withdraw, do you leave A amount of profit for extra breathing room. Do you stop Trading after A win % in A week or month? Maby you can reply or make A video of this
what about partials,does it copy when you take partials with the respective %?
Yes, it does copy partials
Have you ever had a trade not copied due to technology gremlins? I would be paranoid about a closing order not getting copied.
Kimmel, so now you're goal is assets under management not actualy monthly returns, that's why you're doing low risk, but my question is, what's the minimum target or your monthly benchmark you're happy to reach every month?
Is it like 1% 2% 3% or?
I would like to finish the year on an average 5R ROI
Great content as always!
Would you mind give some good propfirms with good spread on
crypto?
True Forex funds, no doubts! Check the review I made for them
@@KimmelTrading Thanks mate, i'll definitely check out👍
Hmm 🤔 will this not affect the data a profirm will like to gather form your trading.
Say for example they want to copy your own trades .
They can do whatever they want, because the trades get executed basically at the exact same time. Doesn’t affect them
but bro propfirm doesnt allow to trade without stoploss as you show they dont have stopless then we breached their rule and loose the account maybe i am wrong in this but can you plz... elaborate or make a video that what are those propfirm that allow to trade without stoploss so by that we can use these copytrader tools
Some prop firms have that rule, I use prop firms that allow me to do that. Such as MFF, TFT, TFF
How abt props that ban u using that??
Olá Kimmel. Em relação aos ganhos a partir destas empresas, cá em Portugal declaramos como prestação de serviços ou optaste por outra opção que traz mais valias? Sei que os teus vídeos não são focados na situação em Portugal mas um vídeo mais direcionado para o pagamento de taxas cá era uma grande ajuda! GLGT
Faço através de prestação de serviços. Mas abri empresa
@@KimmelTrading Boas. Aspeto interessante, por acaso pensei que simplesmente se pudesse reportar como ganhos em CFD´s, que são taxados em 28% usando: "Quadro 13 do Anexo G da Declaração Modelo 3 do IRS, usando o código G 51 para “Operações relativas a instrumentos financeiros derivados.”"
@@KimmelTrading O imposto resulta numa percentagem menor? o.o
@@KimmelTradingDo you opened your business in a country with best benefits for traders? If you did, can you do a video to explain how? Because taxes in Portugal it's a shit 😅😅
Can you make a referral to a prop firm passing service you know
I don't know any, and they are all terrible
kimmel how to put stoploss and take profit on ur chart in mt5
I click on the trade, and it appears
Bro , how much spread on EURUSD in the funded trader firm ?
TFT has now 0.3/0.5 spread
How did u set you MetaTrader to be like that where you can move ur sl and tp on the chart?
Idk, it’s just like that hahaha. MT5
I think its MT5
Haha awesome, it was my task for tomorrow to link my accounts! Thanks for realeasing this video, now i dont have to do much research anymore :)
Do you know how well it works for scalping?
Works quite well. 1ms of execution
@@KimmelTrading Cool, thank you!
Bro how to your postion sizing work
Hey mate, what app are you using on your phone??? Can't move SL and TP by touch/finger on MT4 app on Android?
I am using MT5
íphσnє
What setting in mt4/mt5 allows you to drag SL/TP like that in your phone?
Iphone
Idk, it’s just like this
Bro what to do with strategy that work good from many years but stop working, I leave that strategy or stick with that
You adapt
what if you just want the copier to copy exactly what you do with main account
That’s what this is. You can also add the pending orders/SLs, etc, but I don’t think it is needed
Can the trade copier still work without the website be open?
Yes it can
Great man, this trade copy how does it work is with subscription or free
Both. But if you want to trade freely, it’s 10€/month/account
@@KimmelTrading ok thanks