#1 Ranked Prop-Firm Trader Reveals His Strategy - Pasquale
ฝัง
- เผยแพร่เมื่อ 13 มิ.ย. 2024
- Meet Pasqule, one of the best prop firm traders with over $5M in funding and $2,500,000 in payouts
Pasquale explains his strategy, his trading fundamentals appraches to trading Gold. Also explaines his thoughts on ICT and the future of prop firms
Incredibly valuable conversation
🔗Connect with us here:
🎙️ Waqar:
📸 Instagram: insta.openinapp.co/8gd9j
Twitter: @WaqarAsim10
TH-cam: Waqar.openinapp.co/Case-study
Titans Of Tomorrow here:
/ titansoftom. .
Pasquale:
Instagram: pasquale_m_j?ig...
Twitter: @pasquale_m_j
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Chapters:
0:00 - 03:00 Pasuale's intro into trading
03:00 - 07:30 Building strategy
07:30 - 09:20 Win rates
09:20 - 12:30 Fundamental vs technical
12:30 - 14:25 Key fundamentals
14:25 - 17:45 Technicals
17:45 - 19:00 ICT concepts
19:00 - 22:40 How to become a better trader
22:40 - 26:00 Psychology
26:00 - 30:00 Mentors
30:00 -36:10 Analyst vs profitable trader
36:10 - Prop firms
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Was an honour to interview such a successful trader. Pasquale thank you for the opportunity
This is an insight for all of us to benefit from, to see how Pasquale was able to profit so much from prop firms and be the #1 ranked. It was his skillset and strategy and approach to the markets and prop firms that was key
Comment what you learned!
People still trade forex ? The cfd industry is a joke to the real professional trading world. For the love of god, for anyone interested in trading and really wants to make money learn futures / option trading these markets are centralized meaning every position is tracked with data, unlike cfd's the underlying assets can be marked up and manipulated by forex brokers. There is a reason why the FX industry is regulated so heavily and why 90% of all brokers are offshore offering 1:500 leverage to retail losers lol. Don;'t get me wrong you can make money if you have your own cfd broker or prop firms because the behind the scene business is lucrative. For the little retail guys that want to trade and make money... DO NOT TRADE CFD, switch to Futures ! Your welcome
Waqar you're such a good interviewer. You listen and ask great questions. Keep it up!
Yes I’ve fallen in love wit his podcast . He’s so knowledgeable in almost every aspect and considering he’s quite young … it’s an amazing skill he’s got here
On the contrary, Waqar is consistently interrupting with more questions while his guest is still attempting to complete his response to the first question. Waqar needs to learn to listen better.
The interviewer's impressive eloquence not only reflected their mastery of effective communication but also elevated the entire interview experience. Their ability to pose thought-provoking and well-crafted questions demonstrated a keen understanding of the subject matter and a genuine commitment to engaging and meaningful dialogue, contributing significantly to the overall positive and enriching nature of the interview encounter.
Keep it up!
Did you like it then?
Biggest lesson i learnt in 2022 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Waqar is very clever man asking pin point questions 📌 😅❤
Pasquale, you're one of a kind, a truly wonderful opportunity to delve into the mind of someone who's realized his own way. Thank you Waqar.
Man I started 10 months ago with technical. And for the past week, I was learning fundamentals. I am grateful that I got into fundamentals because price action now makes sense to me. I have a long road to go yet I am excited. Pasquale is trading like professionals, plus he is very humble and the community needs his knowledge. I would love to learn from him.
Where are you learning fundamental bro can you plz suggest
@@Vishnu-mg9xj I do not know if you got my previous comment. If not give me a type of info that I can send it to you without TH-cam guidelines restricting me.
Pls I’ll like to know too. Where are you learning your fundamentals from?
@@user-ub6jr5ki1v my friend I do not think that I can give you advice while I am still struggling to become profitable :)
Best interviewer for this trader I've seen hands down. Excellent job, very insightful thank you!
Waqar i have watched 3 different podcasts with Pasquale and the type of questions you always ask makes the podcast best.
Waqar is a 🐐. His explanation on profit management is legendary. 1 to 3 partial profits is going to upgrade my trading
Another example of how important having a mental edge is. Pasquele has developed an iron mindset that is fearless and focused. Great Pod Waqar 👏🏾
Basically he spent 277k on prop firms to make 2,5 million. Interesting approach.
So his RR is almost 1:10,Which is fantastic anyway
In trading to make more you have to lose more
Why do you say he spent 277k on prop firms?
@@pappas610 because he said he had a 9:1 return. Just simple math.
@@User-po5yt😂👏
All long time survivors keep it simple. Love it when Pasquale responded 80 pc is mental to barrage of ICT buzzwords. 👏
Thanks for another great interview. These are gems. Absolutely incredible content guys, keep it up!
Great interview! Would love to hear more of these in the podcast app as well! Keep up the great content 💯
Waqar mind was exploding when he said he relied on fundamentals 😂
A great interview! Thank you very much.
Bro your intros our by far the best. Even the background sound
Great pod guys!
Pasquale running it up!
love the personal experience to the subjects waqar is putting in between the questions and answers, podcasts are super fun and relatable
Thanks for the feedback, thanks for that!
this is the best interview I ever watch.. Thanks
Really enjoyed this. Well done. I could have watched another hour.
The smartest interviewer ever in the trading field ❤
Really love your interviews. Id really love to be able to listen to all of your interviews via Apple Podcasts (audio only). Any chance you are thinking of uploading all your past interviews into the usual podcast channels? Thanks!
Great Pod Sir, thank you so much.
waqar is the g ill be on his podcast one day lets go
Sauce here.. Waqar is underappreciated on this platform.
Ayyyy mr business man, this fire brother keep up the Greatness.
Amazing! Thanks for sharing your top 3 fundamentals, very useful 👍 📈
the calmness is superb.
😂😂😂😂 its his true edge maybe
Waqar's podcast and words of rizdom amazing content..
I think one should trade personal funds the same way you would trade a funded account/s . That way we can stay within a good risk parameter .
Waqar you have the 2nd best Wordz of Rizdom podcast in the game!
Cant compare with the master haha, but thank you bro
Wow really Great podcast keep continue.
Good interview thank you
Great content and interviewing style and questions. Have you got any information regarding the prop firm that Pasquale is starting. like where to access it ect? Thanks
All is mind, understand how the fractal assimilation of perspective from without, builds within, and in effect will determine the frequency of your success.. Noise, wear filters; vibe with discretion.
Perfect example of ignoring EVERYBODY and doing what works for you
nice podcast waqar ! 🧠✅
When the market goes down then it's buying opportunity. If the market goes up then you are making money. If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run; however, a severe market correction causes a lot of margin calls and sell-offs, driving the market even lower. currently i'm up 13% in my diversified portfolio. As crazy as it sounds some still make enormous returns from this seemingly unknown market. gotta be greedy when others are fearful
Wow I love this guy just much real
You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
great interview
Highly noted
Pasquale is too chilled yo' 💯
Waqar the classy gentleman ❤
2 different trading styles yet both men are massively successful. Stick to what works for your own personal emotional style 💯
A very good podcast. Very insightful and questions were asked at the right time and for us as viewer, we’d like the same question.
Thank you guys❤
Thank you a lot 🎉
great podcast
Great video, full of great insight as to how we as traders can continue to scale and perceive trading.
At 17:51 and on, I disagree slightly. ICT himself says that it would be foolish not looking to lower than sub-one minute charts, and does so on his trades (30s, 15s, 10s, etc). It gives opportunities to pyramid in justifiable market conditions. This still supports the fractal booking of price that you brought up.
Another example would be the reasoning behind Cameron’s model. Thank you for sharing this content to see other successful traders
@@OS-yg9fr What are you talking about, man. I conceptually agreed with and refined the initial statement.
I don’t need to prove anything to you, it is already in every chart.
Amazing content
❤❤❤❤❤ wow interview😮😮😮😮
00:17s He looks like Luka Doncic LOL,Anyways Interview with great traders are gems.You can really learn a lot from them
there definitely exists strategies that only consist of a powerful set of technical confluences making fundamentals obsolete
Thank You Odogwu
Yep. And JadeFX is probably really ranked #3 or 4 because there are other interviews with the most paid
Damn dude you're a great interviewer and conversationalist.
Appreciate that! Thank you
Pls can anyone help, what's the best prop firm I could get at the moment
Great video
Profirm industry seems a bit confusing nowadays. Waqar, can you pls give some instincts about how they work with LP
stay rational, assume only what you require to acquire your desire.
good content
Thanks
Poliw sadanam
future class action
did he say he bought 50 challenges or else
Did anyone catch the name of the prop firm he is planning to start, I can’t quite hear what he is saying?
Funded Peaks i just switched on subtitles
The market is 80 percent fundamental and 20 percent technical.
Once u widraw such cash in props, fund ur personal account because it has lower probabilities to close compared to prop firms
Subsribed
hold on a minute:
if he has 60% WR and avarage RR 1/3 and takes about 30 trades per month( conservative option )
he would have 360 trades per year of witch 216 are profitable and 144 are losing ones.
So his R multiple in a year is 216*3 - 144*1 = 504 R. HOW IS THAT POSSIBLE, that's INSANE.
Yeah and if you have one 200k account with a prop firm and take 1% risk with each trade, that’s 500x2k-10% (prop firm’s take) that’s 900k a year profits, from one account.
Gold is so hard to trade! I love NQ and have found an awesome strategy to trade that fits me
It's not hard - just your time-based optics warp/distort/obfuscate clear trend inception/reversal/continuation inflection points
@@gn6905can u elaborate a little more
anyone correct Moving Average he said 15 or 50
Can someone tell me good prop firm
well, Pasquale says , he is not trading now using prop firms but meanwhile is making his own :)
nice
As a former #1 podcast host, you killed it in this interview!!
36:10 50 challenges from one firm
Definitely not a sustainable model, he’s a success story, but most will not get to this level
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
Yo! He was like " ICT who??" 😂🤣🤣
In my opinion, the best thing to learn trading is by yourself. I mean no mentorship because most mentors out there are self claimed gurus who can not verify their expertise.
Go and learn through trail and error from different mentors but same system.
When you get different perspectives from different sources but the same trading strategy, you can understand it and make your own system.
they actually can easily verify their expertise. for example my FTMO has an equity curve for all my trades
100% agree. While I do like to watch interviews, I very very very rarely watch strategies if you can even call it that. I have my own systems that I built over the years and what I learned is that you have to approach the market for what works for you. I don't even like the term mentor because actual mentors have a personal relationship and they don't charge. And like you said, most of them don't even make their record transparent. If they don't provide a link with verified results from a reputable third party, they shouldn't be teaching nor doing interviews.
@@user-nu5ri3mt8n Yup and you don't become a pro at something by being "taught". You have to teach yourself and inject your own way of doing things. And those ways have to be effective.
I studied Computer Science in college and even worked as a software engineer but it wasn't my passion. I thought school would make me a good engineer by just going to classes and absorbing info. This was very wrong and when I landed a job it wasn't any different. The best engineers got very into their work and they didn't have to bave anyone teach them. They taught themselves while also getting some mentorship. But without the mentor they would still have learned it regardless.
Yes I know I'm ranting here 🤓🤙 but I still think it's not obvious to people just how self motivated and determined you have to be to not just try and have a mentor do all the heavy lifting. You really have to enjoy the lifting to ever make it in trading or any skill based field. And I don't think you can fake that. I couldn't in software but I don't need to in trading. And that's the bare minimum to even succeed at trading with prop firms. let alone your own capital where a few mistakes end your career.
Interesting video and informative always love your stuff - reach out ;) 👍
Seems really risky trading big size and getting big payouts with these prop firms that are not regulated, what happens with a discrepancy, or worst the company folds? Fair play if you managed to get some money out them.
🔥
9:51 the math isn’t mathing
Feed the algo a bit cuz why nah, get faster at typing, equivalent exchange.
❤
lucaaaa!
If fundamentals moved the market then people wouldn't have technical edges. When a low or high is put in, that's all technical. It doesn't matter matter what news event happen. It won't be for another few months before the news have any impact and even then, it takes place over time by scaling in and out. They aren't clicking the mouse and then price rise or drop. And price actually do stagnate mostly. Even in 500 pip ranges. Fundamentals are reasons why participants whether (humans, banks, hedge funds, and algos) commit money to the market. Market Makers use technicals to decide when, where, and how far to move the market.
Market makers don’t use technicals keep believing fairytales
ORDER OF IMPORTANT (NEWS)
1.INTEREST RATE AND INFLATION
2.UNEMPLOYMENTS
3.OTHERS
16:13 "I HAVE IN EVERY CHART" (HE ONLY TRADES GOLD ACTUALLY)
50, 100, 200 MA
1H - 4H
He siad fundemental trader but take 3 trades per day 😢
How do you solve a situation where the chart gives signals that do not match your expectations?
in the NFC community I learned about this just to increase my insight
I don’t think he’s sharing his actual trading experience. More like financial commentary from him. The affect of US economic data is sufficient but the technical is the crowd that pushed it there if there’s no crowd no push.
Did he say Funding Pips?
Funded Peaks
50 challenges for TFT what the hell didn't even say how many he passed? If you are spending that much on challenges personally you shouldn't be trading lol
1:9 Risk to reward. He’s spent 6 figures on challenges and made $2.5M in payouts. The key here is he maximised the opportunity of prop firms with a strategy. That’s what matters
What a shit strat lol@@WaqarAsim.
He's the best trader on tft, pretty nuts
😂😂😂😂😂😂😂😂😂
@@WaqarAsim. Not really pretty dumb if you ask me.
32
I think i'm the only one so i'm probably going to get some hate here.
However i would have preferred to hear more from the guest and their strategy and experience rather than the interviewers. I feel like Pasquale had a-lot more knowledge to share.
I agree
Only paid out 7 times from 60 challenges though?!?! Is that not ridiculous? Did I hear that right?
But he max leverages each account, which means alot of them blow up. But those that don't print him huge amounts of $.
Yea but keep in mind one payout was 250k with an average winning day of 50k 😂
All in all , he’s successful , but this approach is very gamey and not a good trading model in actuality, now he might trade his personal capital a lot differently but buying 50 challenges, over leveraging and passing 6, seems way more like gambling than using the actual skill of trading, not to say it’s completely wrong , I mean you can’t Argue with results , but definitely not the way to trade and in my opinion not even the way to trade props for longevity, but like he said he treated it as a very short term thing and he had the cash to blow on buying so many challenges and the risk to reward was present, but as a trader I don’t see much to learn from this guy, he trades very basic retail concepts and claims to use fundamentals, yet trades on an intraday perspective , while most fundamentals are more suited to longer term swing traders, good gambler bad “Trader” in my opinion, he gamed the system and won, definitely richer than me so heck what do I know , but yeah not the one to learn trading from I would advise to everyone