Made a good point on live trading all the time instead of backtesting it makes u gain a lot of experience even tho Iβm profitable I still watch trading videos time to time like these.
I follow you sir Will because your honest and authentic and talk based on experience and based on the reality and truth about trading. God bless you sir and thank you for creating authentic content
Next video – when do you pay yourself from trading ? Not talking about prop firms. How to keep working capital growing and how much should you pay yourself. No one talks about how to pay yourself from trading personal accounts.
4 years in and totally agree with your points. More new traders should watch this video for their own self awareness and not being delusional in the markets . Facing reality and work on the process should be the goal π― peace
The thing is, in trading, fast is slow and slow is fast. People mainly continue to either skip steps or risk too much per trade which in hindsight does more damage psychologically. Yeah you might have risked 10% of your account and made 200% in a month but when probability kicks in, those gains will be gone plus more in some cases. Thereβs no harm in taking your time, enjoy the journey, struggles and small wins
Appreciate traders like you that donβt sugarcoat trading. This isnβt made for people who are looking for over night success, this is for people who prioritize longevity over all else. You must get to the point as a trader where the profit you can potentially make is an afterthought.
I like how everyone always shows these screenshots with how much the prop firm account has in profit but you never see them take it out or cash out or have it in hand…I'm so tired of people talking about this demo money…like I ly people making money are the YouTubers that have prop firm deals and sell stuff..
it could happen..by fluke and luck one person could just get so lucky and just happened to have a decent size capital and blindly made a trade that blew up and boom 11 million..like Sci did..
Iβm a risk taker. I will risk 4.5% on the first trade to make 8%. If I lose Iβll slowly get back to BE risking .25% then when I get back to BEβ¦ back with the heavy risk. I work for me. I know it sounds too risky but o well. When I go live i decrease my risk to .25% all trades
27 Comments
@WillAldridge
January 28, 2024 - 8:40 pmHope you guys enjoyed! If you are looking to learn how I trade, be sure to check out my mentorship below:
https://www.lynktrading.com/
@Lena.Schnake
January 28, 2024 - 8:40 pmlove this realtalk! Thank you
@EmilsPRO
January 28, 2024 - 8:40 pmMade a good point on live trading all the time instead of backtesting it makes u gain a lot of experience even tho Iβm profitable I still watch trading videos time to time like these.
@ZZulan
January 28, 2024 - 8:40 pmItβs refreshing to see more traders talking truth rather than showing lambos.
@tombinueza7642
January 28, 2024 - 8:40 pmI follow you sir Will because your honest and authentic and talk based on experience and based on the reality and truth about trading. God bless you sir and thank you for creating authentic content
@kwekuodum7271
January 28, 2024 - 8:40 pmYouβre 1 of the real traders in the space
You provide so much value
@PureLivingPassion
January 28, 2024 - 8:40 pmyou dont tweet anymore?
@journey2funded
January 28, 2024 - 8:40 pmNext video – when do you pay yourself from trading ? Not talking about prop firms. How to keep working capital growing and how much should you pay yourself. No one talks about how to pay yourself from trading personal accounts.
@andymcintosh5324
January 28, 2024 - 8:40 pmtbh you just a kid with very little life experience , not sure you should be teaching others !!!
@nathanbailey2689
January 28, 2024 - 8:40 pmBest video yet! Informative and genuine β
@pdjfx
January 28, 2024 - 8:40 pm4 years in and totally agree with your points. More new traders should watch this video for their own self awareness and not being delusional in the markets . Facing reality and work on the process should be the goal π― peace
@tonyaghayere4007
January 28, 2024 - 8:40 pmThe thing is, in trading, fast is slow and slow is fast. People mainly continue to either skip steps or risk too much per trade which in hindsight does more damage psychologically. Yeah you might have risked 10% of your account and made 200% in a month but when probability kicks in, those gains will be gone plus more in some cases. Thereβs no harm in taking your time, enjoy the journey, struggles and small wins
@niko-SMC
January 28, 2024 - 8:40 pmgenuine conversation that i enjoyed, Thank you
@bonvivant6550
January 28, 2024 - 8:40 pmπ
@adeforexx
January 28, 2024 - 8:40 pmI enjoyed every bit of this Pod-Style video. Listened to it while backtesting. Well done, Will!
@dmlkcs8620
January 28, 2024 - 8:40 pmGreat podcast! Lots of βfood for thoughtββ¦ π
@fxcharttime3439
January 28, 2024 - 8:40 pmGreat vid mate….RAW is the best cheers mate
@LiveHMH
January 28, 2024 - 8:40 pmGreat podcast! Enjoyed every second of it. Thank you mate!
@solkahila
January 28, 2024 - 8:40 pmHello
You talk about the reality of a forex trader but you don't have any long track record, if any
So you have to talk about the reality of being a celebrity and YouTuber and not a trader
Because for you, trading is a platform for advertising, nothing more
@pan_ivo
January 28, 2024 - 8:40 pmGreat video mateπ€π»
@getchmoneyupnotyafunnyup4422
January 28, 2024 - 8:40 pmAppreciate traders like you that donβt sugarcoat trading. This isnβt made for people who are looking for over night success, this is for people who prioritize longevity over all else. You must get to the point as a trader where the profit you can potentially make is an afterthought.
@saucyaff
January 28, 2024 - 8:40 pmhad to unlike just to like this vid again. good vid
@Veloxcity
January 28, 2024 - 8:40 pmI hear some the complete turtle trader in this.
@MrMrSaldana
January 28, 2024 - 8:40 pmI like how everyone always shows these screenshots with how much the prop firm account has in profit but you never see them take it out or cash out or have it in hand…I'm so tired of people talking about this demo money…like I ly people making money are the YouTubers that have prop firm deals and sell stuff..
@MrMrSaldana
January 28, 2024 - 8:40 pmit could happen..by fluke and luck one person could just get so lucky and just happened to have a decent size capital and blindly made a trade that blew up and boom 11 million..like Sci did..
@jaydenjohn6460
January 28, 2024 - 8:40 pmreal
@tothetopcurt
January 28, 2024 - 8:40 pmIβm a risk taker. I will risk 4.5% on the first trade to make 8%. If I lose Iβll slowly get back to BE risking .25% then when I get back to BEβ¦ back with the heavy risk. I work for me. I know it sounds too risky but o well. When I go live i decrease my risk to .25% all trades
Comments are closed.