Trading EXPERT Guesses the Most Profitable Trader | Trading Challenge

Summary

In this engaging video, six traders with diverse backgrounds and strategies are put to the test to determine who is the most profitable. Each trader shares insights into their trading approaches, which include technical analysis, fundamental analysis, and trading specific markets like NASDAQ, gold, and major currency pairs. They also reveal their personal profits, with some leveraging prop capital. The host makes predictions based on clues like clothing and behavior before the traders disclose their actual earnings. The video offers a fascinating look into different trading strategies and the potential for success in the market.

Takeaways

• 😀 The video features a ranking test where six traders from Alpac Cap and Alpha Futures are assessed based on their wealth and trading strategies.
• 😀 The traders have diverse backgrounds, with each sharing their trading styles and experience. For example, one trades both technical and fundamental analysis, while another focuses mainly on NASDAQ and gold.
• 😀 The traders are asked about their personal achievements, such as the most expensive purchase they made, revealing aspects of their financial success.
• 😀 One trader is an accountant managing a company with a turnover of 3-4 million, hinting at his role in financial control and possibly influencing his wealth.
• 😀 Traders discuss their strategies in depth: Fabio uses supply and demand combined with mechanical entry models, while others rely on price action and support/resistance breakouts.
• 😀 The traders' varying levels of experience are noted, with some having been in the industry for years and others for only a year or so.
• 😀 One trader's largest account is $200k, and his approach is seen as more conservative, focusing on risk management and trading smaller lots.
• 😀 The video plays on the idea that appearance, such as wearing a jacket or driving expensive shoes, can give clues to a trader’s financial status.
• 😀 When asked to guess who has made the most money, the majority agree that Fabio stands out as the most profitable trader based on his strategies and lifestyle.
• 😀 The traders reveal their total profits since starting trading, with figures ranging from $15k in six months to $300k across personal and prop accounts.
• 😀 Despite the variability in trading strategies and experience, all the traders are profitable, showing that there is no one-size-fits-all formula for success in the trading world.

Q & A

What is the focus of the ranking test in the video?

The ranking test aims to assess six traders' abilities and determine who has been the most profitable among them, based on their trading strategies, experience, and performance.

How long have the traders been trading?

The traders' experience ranges from 1.5 years to 11 years, with the following breakdown: Rodg (5 years), Shane (unspecified, but UK-based), Mo (18 months), Fabio (unspecified, but experienced in major dollar pairs), Doe (8 years, properly for 1 year), and Bod (11 years).

What are the key strategies that the traders use?

Traders use a combination of technical and fundamental analysis. For example, Fabio uses market structure, supply/demand, and a mechanical entry model. Mo trades using NQ Futures and price action, while Bod focuses on gold with support and resistance breakouts.

What personal items are mentioned as potential indicators of wealth?

The participants mention luxury items such as high-end shoes (e.g., Laura Pianao), jackets (e.g., a €200 Alpha jacket), and the fact that some traders drive electric bikes or live in cities like Amsterdam. These items are used to make assumptions about their wealth.

What is the largest trading account size mentioned?

The largest account mentioned is a $200K account, with some traders using up to 5 contracts on futures or managing accounts of around $100K.

What is the most expensive purchase mentioned by the traders?

The most expensive purchase mentioned is a house, though one trader specifically mentions paying a deposit rather than buying outright.

How does each trader feel about their current financial situation?

The traders generally feel positive about their performance. They are all profitable, with varying levels of success, but some express frustrations about not earning enough despite their skills. For example, one trader's total profit is $300,000, while another mentions $52,000 in prop trading capital.

What is the total profit of each trader since starting?

The total profits mentioned are as follows: Fabio ($300K, with $100K in prop capital and $200K personal), Mo ($52K in prop trading), Bod ($45K in firm and $23K in Alpha Cap), and Doe ($15K in live trading over the past 6 months).

What is the role of the 'accountant' in the group, and why is it highlighted?

The accountant is singled out due to his control over a $3-4 million turnover company, which raises suspicions about his financial influence. This adds a humorous and critical twist to the rankings, with the suggestion that he may have a financial advantage.

How do the traders perceive each other’s profitability?

There is some consensus among the traders about who is the most profitable, with most of them guessing Fabio, based on his trading strategy and appearance (notably his green jacket).