I want to express my sincere gratitude for providing me, a small TH-camr, the opportunity to speak on your esteemed TH-cam channel. It is truly rare to encounter someone as genuine and authentic as you in our industry. Our connection was remarkable, and I believe that if the podcast continues to excel, we may explore possibilities for future collaborations. Your friendship has been a delightful discovery for me in Dubai, and I genuinely hope to have the pleasure of meeting you again soon.
It was my honor Bernd. This will definitely be a classic and talked about for a long time. You are a small TH-camr but a BIG trader with a lot to share. My aim was to bring true professionals on to the pod. Thanks for the hospitality and accepting my invitation.
It’s amazing to see these two together. Professionals always seem to find common ground. Bernd introduced me to trading seven years ago, and Abdullah has been my mentor for the past year. I'm grateful to have crossed paths with these exceptional traders and for the valuable lessons I've gained from both throughout my career. I hold both of you in high regard.
You guys are the real deal … this is one of the most scammed industries in the world because it’s the biggest…I truly believe you guys show real passion and transparency in this industry .. thank you
I become better and consistent when I stop watching TH-cam videos about trading. Never seek strategy, just take the motivation. Strategy is solely yours alone. Your strategy your DNA.
The most awaited video. Bernds already proved to the world how consitent and profitable trader he is, top 1 for 3 consecutive months in the most renowned prop firm todate. I've watched how he passed the challenges with less trades in swing while still enjoying life and do other things. The patience, discipline, consistency.... I admire him a lot...
Solid solid solid episode…🔥🔥🔥 where he said once you build the business (trading skill) and it’s working and turning profit all you have to do is scale up by adding more capital don’t mess with the model that’s already working. And setting milestones was also a good take away for me. Definitely a solid podcast.
@@Oneofakindboy Thanks, but the $5K tag 🏷️ is worth it. It’s just a course. It’s way more than that my friend. He doesn’t speak about the many benefits of what really happens there. He just brushes on the surface when he speaks about it publicly.
The smartest thing that should be on everyone's mind right now should be to invest in different streams of income that are not dependent on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC ETH...).
Even with the current dip in the market I'm still glad I can smile 😊 back at my portfolio of $19750 built from my weekly trading with Mrs Charlotte Walsh.
Wow I'm just shocked you mentioned expert Mrs Charlotte Junko Walsh, I came in contact with Mrs. Charlotte Walsh in a conference at Washington, I meet with her after her speech and was opportune to invest with him ever since then.
I love how you highlight the fact you invite REAL traders. I absolutely love your content. Its such a shame that real channels like this a small while there are all these MARKETERS pretending that they know how to trade because they draw a few lines on a trading session that has already finished. Both great solid guys.
@JayJay-tb2rc I agree. These other trading channels market the bs (hype of trading) for views bcuz overnight millionaire gains are much more attractive than the true, I had to spend $20-50k on mentorship, took me 2 years and losing $10k on mistake to become consistently profitable route. Personally, my first year live trading my totals of losing trades were an insane $53k and winning trades totaled only $41k leaving me at -$12k. My next year i exercised the knowledge is gained WITH very disciplined trading and, not only did I Gain that $12k back but I finished up $66k. Sounds fake but all true. You WILL lose money if You're not disciplined. I missed money chasing losses, gambling, and emotionally trading.
Utmost gratitude for your podcast Abdullah. From the guests to the way you appear to carry yourself through these interviews. Up and coming traders appreciate you
Definitely swing trading is more predictable and easier to read price action, but I've seen many scalpers who started trading with me and are now making 5k or more in a day. I prefer swing trading because you can participate while having a full time job and price action techniques are more effective.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:22
Wow. Such a breath of fresh air hearing this guy speak. I just listened to Lance Weinstein interview before this one. Lances approach seems so much more stressful and he consistently repeated how hard he has to constantly work. This approach seems so much more realistic. You still need to put in the work of course- but once you have the fundamentals and have a game plan, it’s a much more sane and normal way of living. Love it
Jane was my hope during the ‘bear summer’s last year. I did so many mistakes but also learned from it, and of course she is also my number source when it comes to crypto and TA.
I know Mrs. Jane too and I have been trading with her, she is such an amazing woman and her skills keep me happy all week knowing I earn $10k extra income trading with her
I really appreciate your clear and simple breakdown on financial pitfalls ! I lost so much money on crypto market but now making around $5k-$7k every week trading different crypto’s and stocks
I think what he's referring to is trading extremely large capital and trying to scalp. It would be harder to enter and exit the market with incredibly larger sizing. If you know about the market makers, they have orders they need to acquire and dump. They can't enter or exit the market all at once. But we will see what he says in the interview and what he means by that quote.
@@josiahpayne2676that’s exactly true. I tried out for a private equity firm. My capital was 8ms with potential to go to 100. I got my ass chewed out for scalping. 😂
This guy is a literal needle in a haystack ... I wouldn't be holding my breath in anticipation of any number of transparent traders who are successful, deeply knowledgeable and open
Hats off to both the guest and the interviewer 💯. Your questions are so very well crafted they brought wisdom out this fantastic guest. Brilliant work. By far, the best trading explanations I have received. Thank you for sharing this 💯
I think the discussion about scalping is very personal. Because if we're talking about losing $20k there's no difference if you lose it in 1 minute or in an hour, in the end you still lost $20k. For example, I wouldn't be able to have a trade open for several hours and then stop and lose that $20k, or a trade open for perhaps an entire day and in the end it returns to break even. I prefer to close my trades at a loss, profit or BE in a few minutes.
True ..is the same shit ..if you loss money you loss no Matter what timeframe you use ...the most importante thing is to respect your risk per day ...that it
I shifted to trading on higher timeframes. I now use the 4-hour chart for identifying key levels and the 1-hour chart for execution. I've realized that trading on higher timeframes is much more peaceful.
Im retired military. I can sit at home and do whatever I want. It's so boring after few months because nobody else can do it. So I started to feel useless and detached as well. Now I got the easiest job in the world that doesn't require any stress and I can feel like I had a reason to get up again do something productive. I love trading but it also is VERY lonely and isolating. I am an 80s baby we are used to being around people. Our world is now so isolating even with people with millions of followers.
With only a few podcasts under your professional belt. This series is sure to be a leader in the industry. Education, insight, professional knowledge. Excellent interview. Excellent from start to finish. I can't wait for the next one!!!! Bravo!
A good amount of new traders would actually be better at trading if they have commitment. But then most traders just tries to make profit without proper researches, which often ends up in unavoidable losses.
The reason why most people lose money is not as a result of no commitment to trading but simply because of lack of proper guidance. Most times when trading you need to recognize the existence of an unsafe trade entry, And that is the obligation of a professional to guide you through.
@FREDJAMES Thanks for stating that out, I have lost a couple of bucks in my past few trades. Do you mind telling me how I can get to recognize the existence of an unsafe trade entry like you mentioned?
@JBOYANT Getting to know such key information is a service only rendered by professional trading experts. I commend you reach out to trading expert Brad since he offers good trading consultations, I trust he can help cut your losses short.
Hellyea scalping is real trading. It's TRADING. One guy i know online makes upwards of $500k per month scalping. Some traders don't feel like sitting through long trades like that.🤷🏽♂️
@user-wv1rb3fm6i yea you need LARGE capital for those type of gains..just like you'll need large capital making $20k per month..same strategy just different risk leverage.
He may have a misinterpretation of scalping. Its just price action. Most of us use higher time frames for analysis and take trades based off timeframe no lower than 15min. We are still using proper risk management and just use the high volatility of the market during certain times to get in and out. Just look at Raja
Yep, plenty of beasts out there scalping, not sure why this guy has such a negative view on it. Thomas Wade, PAT, futures trading with Mike...many more. All scalpers, all consistent, all raking it in. It comes down to personality. Scalping suits me better, it's what I find engaging and able to be consistent in.
Bernd - Thank you for the perspective and wisdom. MIght have changed my outlook on prop firms, still processing that. Abdullah - Bro you got broadcasting chops my man. Nice Interview Keep up the great work Gents!
On scalping, I totally understand and agree what he says but I must add one thing. Yes there are traders making great money just scalping. They do not risk so much each trade, but it is the total sum of all trades that add up by the end of the day. That can be a significant amount for not too much risk. However as Bernd said it correctly, I do not see any scalper risking $10k on a scalp trade, and successful scalpers do not need to. If you are taking 100-200 trades a day with a high win rate (positive EV) and very controlled risk management, that is how you scalp successfully. You do not need huge risk per trade. Swing trading however requires a much bigger risk per trade because you need to hold it for a much bigger move to see meaningful returns. That's another talent.
the only thing that works for me is I trade and find the 30min timeframe very predictable and confluence is supported by higher time frames, I'm happy to leave money on the table and replace it with consistency.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
The problem with the 1% risk idea on prop accounts is that the account is not the actual size of the value. Your drawdown might only be 3k etc. So you have to use the 1% risk calculation based on the drawdown not the "value" of the account
Mack from PATS scalps consistently 20-25 contracts on the ES. If he loses a 3-4pt trade which he enters all the time, we’re talking about a 3-4k loss per trade but he has a win rate of 85%+, so there you go a scalper who risks high capital and trades consistently.
Thank you so much for this podcast. I loved the way it was carried out. I love the questionnaire I love the Answers. I'm really inspired. I love the wisdom , honesty of Mr Bern. I wanna Copy that super star in the Industry. From Village to that stage today. He is really worth full Exemplary Model. I will always watch this Podcast to fuel my Motivation, please keep it on this channel.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
No one size fits all when it comes to trading. Do what works for you and don't infer that your style of trading is the best way to trade! This kind of utterations only takes away from the purpose of this interview which is supposed to help traders, both inexperienced and experienced. As a trader, discover yourself and what style works for your personality and emotions... that's the real secret to being a successful trader!
People who say stuff like "don't do this or that in trading" usually want to sell you something. Truth to be told, if you make money in the markets, why should I be the one judging you how?
im 25 minutes in and im VERY intrigued , I am also a trader whose had a similar experience . .i now manage a 2 200 k ftmo accounts , and had to learn the hardway . .
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 23:12
Great valuable content. I'm pretty much a breakeven trader right now. Listening to this podcast let me know I'm on the right track. A + setups and more capital is the only way for success.
Awesome Interview. I learned a lot from this. Thank you 🙏🏾. Been trading for 2 years now and starting to become a little bit profitable. consistency is key. definitely can't rush to reach the finish line. Cheers‼️🍾🥂
I thank the heavens I saw this podcast cause the pain got me hurt and out. I even feel discourage and physically weak anytime I want to look at my charts 😢
Amazing interview bud. Bernd speaks truth and honest about the trading Enigma ! He is correct saying trading only is f* boring and like needs some purpose. I also have started trading at the same time and gone thru the hard works but I cant be disciplined. Still trying..
@@johnjones3332Or maybe the man just doesn't like staying in front of the computer. I am the opposite and hate these "life activities" despite having traveled overseas before. I can do this boring thing all day.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:50
The strategy I’ve started developing has a 3:1 profit/ loss ratio or more; I use MACD and moving averages, all my trades require 3 timeframes of alignment or more
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 23:03
Real trading is the buying or selling of an asset using real money. High frequency trading, scalping, swing or position trading are all forms of real trading if real money is involved. When trading on a 100k prop firm funded account that allows a maximum daily loss of 5%, it could be useful to think that one is trading on an account that has a balance of only 5k plus profits minus losses of the day. Being funded 1 million virtual dollars may seem quite impressive, but the reality is that one is trading on a 50k account.
Dear Abdullah and Mr. Bernd, I extend my sincerest appreciation to Abdullah for his invaluable contributions during the interview. His insightful questions covered essential topics, providing a wealth of valuable information. To Bernd, I am deeply grateful for the wisdom and knowledge you shared, which undoubtedly pave the way for aspiring traders, offering them clarity and guidance. Thank you both for your invaluable contributions. Warm regards,
He loses 80% of the time. If your in his telegram then you know it’s extremely rare to see him win and it’s common to see -60k months. I believe he is successful from his book but he is transparent about his trades.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:37
This guy Bernd Skorupinski seems real. That was a good question Abdullah gave. "What is your Best Trade?" Bernd mentioned he never had a outlier trade.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
If your strategy hit rate is 8 out of ten in 1 session. (2 possible losses). You trade across 4 pairs. Now you have 8 possible losses when you take a trade. Please trade 1 or 2 pairs in a given session. You can have better markups. You get a feel for the candle action. The reaction to ema's . you can get better alerts set. Spot your trades before they happen. See setups for double tops. So many advantages. keeps you from taking impulse trades and missing something obviously bad on the chart.
Also if you stick with 1 pair every time you won't miss those monster trades that you keep missing. you will end up in them and sometimes several in a week.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
Matt Diamond is scalping for a living. If you cant scalp it doesnt mean it doesnt work 😂 for me swing is nonsense, waiting for perfect entry and holding trades for days just to take a loss lol.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
I heard a hedge fund manager say no one could show him a "long term successful day trader"...... the morass of contradicting narratives in the real world brings to light just how important, recording, proof, verification, and transparency really are.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:13
Only came to this because of "scalping" thanks for the chapters listing. I do scalp and it is not mental pressure... it can be relaxing... the least stressful. There is something called momentum... .momentum, period. Cap it at a 2.5 k loss maximum and so don't lose 10k. 3 years.
I made 10% profit in 9 days scalping. If that's not real trading, I don't know what is. And who said you have to scalp big numbers? I can make more money winning 10 small trades in a day than I can winning one trade over 2 or 3 days. I did take that personal. (And no, I haven't lost it yet. Numbers are still rising. I'll let you know when I do, but it's not gonna happen any time soon)
Hi Abdullah, regarding your conversation with him regarding the importance of having a mentor, how would you go about finding someone who’s willing to mentor you and have 1-1 sessions with you?
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
I am a day/swing trader myself but cant agree with his scalping point maybe he should consider checking some guys in stock world there are many traders who scalp the market yes it is difficult yes it is not for everyone but it is possible and its just a way of trading
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 25:13
This was designed to spark discussion. The guys at my favorite prop firm, SMB have some killer scalpers. Some of my mentors are great scalpers and I scalp as well.
It's crazy because scalping strong trends are higher probability and more predictable than overnight trades that are subject to news and whale manipulation. I left swing trading for scalping because I actually started winning lol
4:35 there are literal licenses in the U.S. (such as series 6, series 57, series 65) which showcase an understanding of financial instruments/markets and are even necessary to have to trade at real brick and mortar establishments. Idk what this guy is saying right off the bat.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:30
German Zen (Perfecting the work experience to find Zen/Paradise). Italian Zen (Perfecting the food experience to find Zen/Paradise). Danish Zen (Perfecting the cozy experience to find Zen/Paradise). I'm Danish-Italian inspired by the Germans, so I'm often Zen.
I want to express my sincere gratitude for providing me, a small TH-camr, the opportunity to speak on your esteemed TH-cam channel. It is truly rare to encounter someone as genuine and authentic as you in our industry. Our connection was remarkable, and I believe that if the podcast continues to excel, we may explore possibilities for future collaborations. Your friendship has been a delightful discovery for me in Dubai, and I genuinely hope to have the pleasure of meeting you again soon.
great stuff looking forward to it
It was my honor Bernd. This will definitely be a classic and talked about for a long time. You are a small TH-camr but a BIG trader with a lot to share. My aim was to bring true professionals on to the pod. Thanks for the hospitality and accepting my invitation.
It’s amazing to see these two together. Professionals always seem to find common ground. Bernd introduced me to trading seven years ago, and Abdullah has been my mentor for the past year. I'm grateful to have crossed paths with these exceptional traders and for the valuable lessons I've gained from both throughout my career. I hold both of you in high regard.
Is this the set & forget trader you spoke on brother ?
You guys are the real deal … this is one of the most scammed industries in the world because it’s the biggest…I truly believe you guys show real passion and transparency in this industry .. thank you
I become better and consistent when I stop watching TH-cam videos about trading. Never seek strategy, just take the motivation. Strategy is solely yours alone. Your strategy your DNA.
👏🏼👏🏼👏🏼
Big facts bro
FACTS!
Yup, me too. And staying off Twitter has helped me tremendously. Could care less what everyone else is doing.
Exactly
The most awaited video. Bernds already proved to the world how consitent and profitable trader he is, top 1 for 3 consecutive months in the most renowned prop firm todate. I've watched how he passed the challenges with less trades in swing while still enjoying life and do other things. The patience, discipline, consistency.... I admire him a lot...
What kind of trader is he?
Swing Trader
Solid solid solid episode…🔥🔥🔥 where he said once you build the business (trading skill) and it’s working and turning profit all you have to do is scale up by adding more capital don’t mess with the model that’s already working. And setting milestones was also a good take away for me. Definitely a solid podcast.
@@Oneofakindboy Thanks, but the $5K tag 🏷️ is worth it. It’s just a course. It’s way more than that my friend. He doesn’t speak about the many benefits of what really happens there. He just brushes on the surface when he speaks about it publicly.
The smartest thing that should be on everyone's mind right now should be to invest in different streams of income that are not dependent on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC ETH...).
Even with the current dip in the market I'm still glad I can smile 😊 back at my portfolio of $19750 built from my weekly trading with Mrs Charlotte Walsh.
Wow I'm just shocked you mentioned expert Mrs Charlotte Junko Walsh, I came in contact with Mrs. Charlotte Walsh in a conference at Washington, I meet with her after her speech and was opportune to invest with him ever since then.
This is not the first time I am hearing about Charlotte Walsh and her exploits in the trading world but I have no idea on how to reach her
@user-uz3dk9du9oI will leave her number just below this comment
+1205
I love how you highlight the fact you invite REAL traders.
I absolutely love your content.
Its such a shame that real channels like this a small while there are all these MARKETERS pretending that they know how to trade because they draw a few lines on a trading session that has already finished.
Both great solid guys.
@JayJay-tb2rc I agree. These other trading channels market the bs (hype of trading) for views bcuz overnight millionaire gains are much more attractive than the true, I had to spend $20-50k on mentorship, took me 2 years and losing $10k on mistake to become consistently profitable route.
Personally, my first year live trading my totals of losing trades were an insane $53k and winning trades totaled only $41k leaving me at -$12k. My next year i exercised the knowledge is gained WITH very disciplined trading and, not only did I Gain that $12k back but I finished up $66k. Sounds fake but all true. You WILL lose money if You're not disciplined. I missed money chasing losses, gambling, and emotionally trading.
Utmost gratitude for your podcast Abdullah. From the guests to the way you appear to carry yourself through these interviews. Up and coming traders appreciate you
Definitely swing trading is more predictable and easier to read price action, but I've seen many scalpers who started trading with me and are now making 5k or more in a day. I prefer swing trading because you can participate while having a full time job and price action techniques are more effective.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
This Men knows many things! Respect ❤🔥❤🔥❤🔥❤🔥
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:22
Wow. Such a breath of fresh air hearing this guy speak. I just listened to Lance Weinstein interview before this one. Lances approach seems so much more stressful and he consistently repeated how hard he has to constantly work. This approach seems so much more realistic. You still need to put in the work of course- but once you have the fundamentals and have a game plan, it’s a much more sane and normal way of living. Love it
Glad you enjoyed it.
I had heard of a lot of investing with Mrs Jane and how good she is, please how safe are the profits?
Jane was my hope during the ‘bear summer’s last year. I did so many mistakes but also learned from it, and of course she is also my number source when it comes to crypto and TA.
I know Mrs. Jane too and I have been trading with her, she is such an amazing woman and her skills keep me happy all week knowing I earn $10k extra income trading with her
Her accurate singles, coupled with her sound advice and risk management techniques, have completely transformed my trading trading strategy.
I really appreciate your clear and simple breakdown on financial pitfalls ! I lost so much money on crypto market but now making around $5k-$7k every week trading different crypto’s and stocks
Great job man, how?
Good scalpers align their trades with the bigger time frame
Say that a little louder for the people in the back @yaadforex2723
Yeah but on big capital it seems breathing room would be very important
Scalping is definitely real trading if you can catch 20 points consistently and have results!! what is it then?
😆
What you said , long as it’s producing it’s real trading no matter what it is
I think what he's referring to is trading extremely large capital and trying to scalp. It would be harder to enter and exit the market with incredibly larger sizing. If you know about the market makers, they have orders they need to acquire and dump. They can't enter or exit the market all at once. But we will see what he says in the interview and what he means by that quote.
@@josiahpayne2676that’s exactly true. I tried out for a private equity firm. My capital was 8ms with potential to go to 100. I got my ass chewed out for scalping. 😂
Yea that’s true also
He is real 100%
God bless everyone in this industry
That’s why %95 of trades lose their money. You’re just one of that dumb money.
Need more of these transparent traders . Thank you for finding this guy 😂 taking notes
This guy is a literal needle in a haystack ... I wouldn't be holding my breath in anticipation of any number of transparent traders who are successful, deeply knowledgeable and open
Hats off to both the guest and the interviewer 💯.
Your questions are so very well crafted they brought wisdom out this fantastic guest.
Brilliant work. By far, the best trading explanations I have received. Thank you for sharing this 💯
TRULY ONE OF THE BEST CONVERSATIONS IVE SEEN ON TH-cam FOR NEW TRADERS
I think the discussion about scalping is very personal. Because if we're talking about losing $20k there's no difference if you lose it in 1 minute or in an hour, in the end you still lost $20k. For example, I wouldn't be able to have a trade open for several hours and then stop and lose that $20k, or a trade open for perhaps an entire day and in the end it returns to break even. I prefer to close my trades at a loss, profit or BE in a few minutes.
You are missing the point
True ..is the same shit ..if you loss money you loss no Matter what timeframe you use ...the most importante thing is to respect your risk per day ...that it
I shifted to trading on higher timeframes. I now use the 4-hour chart for identifying key levels and the 1-hour chart for execution. I've realized that trading on higher timeframes is much more peaceful.
Im retired military. I can sit at home and do whatever I want. It's so boring after few months because nobody else can do it. So I started to feel useless and detached as well. Now I got the easiest job in the world that doesn't require any stress and I can feel like I had a reason to get up again do something productive. I love trading but it also is VERY lonely and isolating. I am an 80s baby we are used to being around people. Our world is now so isolating even with people with millions of followers.
even people surrounded by people feel lonely. gain perspective.
Sounds like you need to gain some perspective of your own and stop invalidating other people's experience and feelings.
By far the best trader podcast episode in the game 🔥🔥🔥🔥🔥
Tom hougard, Al brooks, Oliver velez
Amongst many other scalpers
Cpt scalper here. This guy needs to talk with SMB capital. Guys making 500k a month scalping.
Smb is not retail traders.
To be honest. This interview has to be in my Top 5 of best Trading Discussions man. I have to follow this guy man. He is a fucking beast man
Amazing channel, incredible interview. It would be great if you incorporated Spanish subtitles in the interviews! Greetings from Uruguay.
With only a few podcasts under your professional belt. This series is sure to be a leader in the industry. Education, insight, professional knowledge. Excellent interview. Excellent from start to finish. I can't wait for the next one!!!! Bravo!
Oliver Velez can prove to him consistent trading one time frame first thirty mins of market. Hands down!
I respect Abdullah for making a masterpiece of a video. from the intro to the end. Thank you for making these great videos. Truly grateful
Wow this guy was spot on the Dow weeks in advance 🤯
LOL. He surely did. I was actually buying since then and then I looked back at this recording and was like...hmm..nice prediction.
A good amount of new traders would actually be better at trading if they have commitment. But then most traders just tries to make profit without proper researches, which often ends up in unavoidable losses.
The reason why most people lose money is not as a result of no commitment to trading but simply because of lack of proper guidance. Most times when trading you need to recognize the existence of an unsafe trade entry, And that is the obligation of a professional to guide you through.
It all just a simple logic. If you can’t put in the work energy required for successful trading you can’t trade profitably in the long run
putting in the work to make profit requires skills and lots of patience. Besides most traders can’t keep up with the market pace
@FREDJAMES Thanks for stating that out, I have lost a couple of bucks in my past few trades. Do you mind telling me how I can get to recognize the existence of an unsafe trade entry like you mentioned?
@JBOYANT Getting to know such key information is a service only rendered by professional trading experts. I commend you reach out to trading expert Brad since he offers good trading consultations, I trust he can help cut your losses short.
Hellyea scalping is real trading.
It's TRADING.
One guy i know online makes upwards of $500k per month scalping.
Some traders don't feel like sitting through long trades like that.🤷🏽♂️
You need a crazy capital for that ya know
@user-wv1rb3fm6i yea I know absolutely need crazy capital for larger profits
@user-wv1rb3fm6i yea you need LARGE capital for those type of gains..just like you'll need large capital making $20k per month..same strategy just different risk leverage.
He may have a misinterpretation of scalping. Its just price action. Most of us use higher time frames for analysis and take trades based off timeframe no lower than 15min. We are still using proper risk management and just use the high volatility of the market during certain times to get in and out. Just look at Raja
Yep, plenty of beasts out there scalping, not sure why this guy has such a negative view on it. Thomas Wade, PAT, futures trading with Mike...many more. All scalpers, all consistent, all raking it in. It comes down to personality. Scalping suits me better, it's what I find engaging and able to be consistent in.
Bernd - Thank you for the perspective and wisdom. MIght have changed my outlook on prop firms, still processing that.
Abdullah - Bro you got broadcasting chops my man. Nice Interview
Keep up the great work Gents!
On scalping, I totally understand and agree what he says but I must add one thing. Yes there are traders making great money just scalping. They do not risk so much each trade, but it is the total sum of all trades that add up by the end of the day. That can be a significant amount for not too much risk. However as Bernd said it correctly, I do not see any scalper risking $10k on a scalp trade, and successful scalpers do not need to. If you are taking 100-200 trades a day with a high win rate (positive EV) and very controlled risk management, that is how you scalp successfully. You do not need huge risk per trade. Swing trading however requires a much bigger risk per trade because you need to hold it for a much bigger move to see meaningful returns. That's another talent.
Incredible interview!
It would be even more incredible if you subtitled these videos so I could translate and understand them better.
You know you can scalp with A+ setups also and just increase youre leverage. I scalp 2 to 3 trades a day and profit consistently
Would it be 2legged pullbacks ?
the only thing that works for me is I trade and find the 30min timeframe very predictable and confluence is supported by higher time frames, I'm happy to leave money on the table and replace it with consistency.
What about Lance Breitstein? He made millions trading on the 2min. Would you call him a gambler?
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
This is one of the best/true/honest/real podcast. ❤❤❤
The problem with the 1% risk idea on prop accounts is that the account is not the actual size of the value. Your drawdown might only be 3k etc. So you have to use the 1% risk calculation based on the drawdown not the "value" of the account
I dislike prop firms for the exact same reason, I’d rather start with my own money.
In my case I don't care cause as MEXICAN I don't have 3k to risk. That's why I'm Funded on topstep
Agreed, the drawdown is the size of the account. Not many understand that.
@@FvckYourhedge Nothing wrong with having a prop account. I have some myself
@@FvckYourhedgespeak for yourself
Mack from PATS scalps consistently 20-25 contracts on the ES. If he loses a 3-4pt trade which he enters all the time, we’re talking about a 3-4k loss per trade but he has a win rate of 85%+, so there you go a scalper who risks high capital and trades consistently.
Thank you so much for this podcast. I loved the way it was carried out. I love the questionnaire I love the Answers. I'm really inspired. I love the wisdom , honesty of Mr Bern.
I wanna Copy that super star in the Industry. From Village to that stage today. He is really worth full Exemplary Model. I will always watch this Podcast to fuel my Motivation, please keep it on this channel.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
so if m1 is more "erratic" would you be able to differentiate the m1 chart vs daily chart
Yes, by the range of candle obviously.
How do you define trading? On a timeframe basis, milliseconds to many months is trading…longer is an investment
No one size fits all when it comes to trading. Do what works for you and don't infer that your style of trading is the best way to trade! This kind of utterations only takes away from the purpose of this interview which is supposed to help traders, both inexperienced and experienced. As a trader, discover yourself and what style works for your personality and emotions... that's the real secret to being a successful trader!
Facts!!!
💯 AGREE
People who say stuff like "don't do this or that in trading" usually want to sell you something. Truth to be told, if you make money in the markets, why should I be the one judging you how?
Very well said @shadrich1587! I can never understand why someone would think that their way is the ONLY way to trade. Pure nonsense!
Great podcast. Both of yall sounded really good. It's always great listening to successful traders and learning from them.
✊🏾💯 - I appreciate the compliment and support.
im 25 minutes in and im VERY intrigued , I am also a trader whose had a similar experience . .i now manage a 2 200 k ftmo accounts , and had to learn the hardway . .
Oh man, I fell in love in that guy at the 8th minute already already...so real and down to earth. Big respect!
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 23:12
Damn STRAIGHT FACTS FROM BEGINNING TO END AWESOME INTERVIEW A WHOLE LOT TO TAKE FROM IT!!!
Great valuable content. I'm pretty much a breakeven trader right now. Listening to this podcast let me know I'm on the right track. A + setups and more capital is the only way for success.
Awesome Interview. I learned a lot from this. Thank you 🙏🏾. Been trading for 2 years now and starting to become a little bit profitable. consistency is key. definitely can't rush to reach the finish line. Cheers‼️🍾🥂
One of, if not the most practical and helpful podcast on your channel. Made me subscribe. Thanks.
I thank the heavens I saw this podcast cause the pain got me hurt and out. I even feel discourage and physically weak anytime I want to look at my charts 😢
Enjoyed the interview. Very informative and encouraging.
Having a good mentor changed my life
Amazing interview bud. Bernd speaks truth and honest about the trading Enigma ! He is correct saying trading only is f* boring and like needs some purpose. I also have started trading at the same time and gone thru the hard works but I cant be disciplined. Still trying..
keep on pushing mane you'll get it !
if trading is boring then you are trading the wrong instrument.
@@johnjones3332Or maybe the man just doesn't like staying in front of the computer. I am the opposite and hate these "life activities" despite having traveled overseas before. I can do this boring thing all day.
This man said im long US30. US30 sky rocketed just a few days after the day they recorded the video 💀.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:50
Are you saying the people with millions that move the market are watching TH-cam videos?? Lol with that mindset you definitely can’t be profitable
@@titrecords2294 no? Was pretty much stating his analysis was correct in a big way.
The strategy I’ve started developing has a 3:1 profit/ loss ratio or more; I use MACD and moving averages, all my trades require 3 timeframes of alignment or more
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 23:03
Real trading is the buying or selling of an asset using real money. High frequency trading, scalping, swing or position trading are all forms of real trading if real money is involved.
When trading on a 100k prop firm funded account that allows a maximum daily loss of 5%, it could be useful to think that one is trading on an account that has a balance of only 5k plus profits minus losses of the day. Being funded 1 million virtual dollars may seem quite impressive, but the reality is that one is trading on a 50k account.
I demo traded for 1.5 years just to understand how not only the buttons work but also how to markets work
Now trade a $20 account and grow that to $1000
@@greengardens1565 that is 5000% my man
Dear Abdullah and Mr. Bernd,
I extend my sincerest appreciation to Abdullah for his invaluable contributions during the interview. His insightful questions covered essential topics, providing a wealth of valuable information.
To Bernd, I am deeply grateful for the wisdom and knowledge you shared, which undoubtedly pave the way for aspiring traders, offering them clarity and guidance.
Thank you both for your invaluable contributions.
Warm regards,
Best big risk scalper I know is Tom Hougaard. But he works on the 5min and trades 5 to 10 mins a trade. He does it and it is documented.
He loses 80% of the time. If your in his telegram then you know it’s extremely rare to see him win and it’s common to see -60k months. I believe he is successful from his book but he is transparent about his trades.
all is real trading! Fundamentals and unknowns are all reflected in Market Action. No? Only degrees of success vary. Best Scalper out there is Eliz!
How do you find a good mentor? to show you the ins and outs of trading.
Absolutely enjoyed this interview. Learnt a lot and I totally relate to it personally. Peace.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:37
This guy Bernd Skorupinski seems real. That was a good question Abdullah gave. "What is your Best Trade?" Bernd mentioned he never had a outlier trade.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
This is by far one of the best trading videos I have ever seen. Well Done SIR.!!
Amazing Personality! Humble despite so much success!
Thoroughly enjoyed the talk, very thoughtful and engaging. Thanks!
German dude should meet Tom Houggard. That guy has scalped $10,000s a point every day for years.
Great interview, video, and insight into trading. By far the best I've seen. Thank you!
Love your podcasts man, all done professionally and are very informative
I’ll come back to you when I reach the level of success I want
My first video but I like how you verify their claims with prop firm results.
If your strategy hit rate is 8 out of ten in 1 session. (2 possible losses). You trade across 4 pairs. Now you have 8 possible losses when you take a trade. Please trade 1 or 2 pairs in a given session. You can have better markups. You get a feel for the candle action. The reaction to ema's . you can get better alerts set. Spot your trades before they happen. See setups for double tops. So many advantages. keeps you from taking impulse trades and missing something obviously bad on the chart.
Also if you stick with 1 pair every time you won't miss those monster trades that you keep missing. you will end up in them and sometimes several in a week.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
i am scalper i live of it. and yes i can trade with 5k per loss. its not gambling but i totally accept your opinion. btw so nice interview
Great interview! You are a really good interviewer.
Matt Diamond is scalping for a living. If you cant scalp it doesnt mean it doesnt work 😂 for me swing is nonsense, waiting for perfect entry and holding trades for days just to take a loss lol.
If i took anything away from this podact, it's that "PRICE CAN NEVER DRIVE PRICE"
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
I heard a hedge fund manager say no one could show him a "long term successful day trader"...... the morass of contradicting narratives in the real world brings to light just how important, recording, proof, verification, and transparency really are.
I have a verified 8-figure day trader interview releasing soon.
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:13
Great vid! Bern is definitely a pro and I will be following up
Great show, thanks for creating it 👍
I LOVE BERND!! He’s the best, i have learned a lot from him
✊🏾💯
Only came to this because of "scalping" thanks for the chapters listing. I do scalp and it is not mental pressure... it can be relaxing... the least stressful. There is something called momentum... .momentum, period. Cap it at a 2.5 k loss maximum and so don't lose 10k. 3 years.
which broker ?
I made 10% profit in 9 days scalping. If that's not real trading, I don't know what is.
And who said you have to scalp big numbers? I can make more money winning 10 small trades in a day than I can winning one trade over 2 or 3 days. I did take that personal.
(And no, I haven't lost it yet. Numbers are still rising. I'll let you know when I do, but it's not gonna happen any time soon)
Hi Abdullah, regarding your conversation with him regarding the importance of having a mentor, how would you go about finding someone who’s willing to mentor you and have 1-1 sessions with you?
Finally a really interestting interview thanks,let me say also rhat the difference between american and european traders is huge, really
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget?
First Pasquale now Bernd lets get it
It’s going to be a great episode
@@abdullahrasheed Waiting for ICT podcast 😜😃
Nice and serious presentation, thanks a lot!
I am a day/swing trader myself but cant agree with his scalping point maybe he should consider checking some guys in stock world there are many traders who scalp the market yes it is difficult yes it is not for everyone but it is possible and its just a way of trading
TRADER TOM BRO - HIS STYLE IS KIND OF SCALLPING
ONE MORE DAY TRADER NEXT TRADER
I'll be trying to bring Tom Hougaard on for sure.
First class Abdullah 👍🏼👍🏼👍🏼Ma shā Allah
Very nice guest🎉 and good interview🙌
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 25:13
As someone who has been to Wall Street and talked to professional stock traders most are scalpers lol how is scalping not real trading?
Click bait
This was designed to spark discussion. The guys at my favorite prop firm, SMB have some killer scalpers. Some of my mentors are great scalpers and I scalp as well.
It's crazy because scalping strong trends are higher probability and more predictable than overnight trades that are subject to news and whale manipulation. I left swing trading for scalping because I actually started winning lol
@@abdullahrasheedwho your mentor
4:35 there are literal licenses in the U.S. (such as series 6, series 57, series 65) which showcase an understanding of financial instruments/markets and are even necessary to have to trade at real brick and mortar establishments. Idk what this guy is saying right off the bat.
This guy is the legend
Hey! 👋 Noticed you're into Bernd Skorupinski's trading magic. Got a way for you to get his full course without the 5K tag. Interested in leveling up your trading on a budget? 24:30
Thank you, many things got clearer now
Great picking you up at the airport meeting you in San Diego
I appreciate you man. Thank you.
German Zen (Perfecting the work experience to find Zen/Paradise).
Italian Zen (Perfecting the food experience to find Zen/Paradise).
Danish Zen (Perfecting the cozy experience to find Zen/Paradise).
I'm Danish-Italian inspired by the Germans, so I'm often Zen.
He was spot on about Dow Jones
Yea the prediction played out