My Blueprint to $3M Funding Trading Prop Firms
Summary
TLDRIn this video, the creator shares their ambitious plan to secure $3 million in funding in 2025 and make $1.5 million from payouts. They reflect on challenges and lessons learned from the previous year, including navigating denied payouts and unfavorable trading conditions. The creator emphasizes the importance of continuous learning through free webinars, courses, and mentorship, while showcasing their trading strategy and journaling process. Additionally, they encourage viewers to join their community and become part of a select group of students to learn and grow in the world of trading. A giveaway and motivational message are also included.
Takeaways
- 😀 The speaker aims to secure $3 million in funding in 2025 and is motivated to make this happen after not hitting payout goals in 2024.
- 😀 The speaker emphasizes that while they were unable to hit their payout goals in 2024, they are more determined than ever to achieve success in 2025.
- 😀 They highlight the importance of scalability and the lessons learned through teaching and sharing knowledge, which also enhances their own trading skills.
- 😀 The speaker has already secured $400k in trading funding with FTMO and plans to use it as a starting point for further scaling their trading operations.
- 😀 They plan to get $100k from each prop firm, and will only work with firms they trust, such as FTMO and CK Capital, while avoiding firms like FX AI due to poor experiences.
- 😀 The strategy for growth includes securing consistent 5% payouts from each challenge, without rushing or taking unnecessary risks.
- 😀 The speaker intends to document every step of the process, including their challenges, failures, payouts, and report cards to help others learn from their journey.
- 😀 The speaker also promotes their trading course, which is being sold at a discounted price and focuses on three key steps: strategy, risk management, and trading psychology.
- 😀 The course offers practical education, with a focus on learning from both successes and failures, helping students become better traders rather than just focusing on passing challenges.
- 😀 The speaker stresses the importance of commitment to self-improvement, motivation, and learning as a trader, and encourages viewers to follow their journey and take part in the giveaway for a chance to win a 25k challenge.
Q & A
What is the goal for 2025 mentioned in the video?
-The goal for 2025 is to secure 3 million in funding and earn 1.5 million from payouts.
Why didn't the speaker achieve their payout goals in 2024?
-The speaker faced personal challenges in 2024 but emphasized that the setback was not due to a lack of skill, just the scalability issues.
How does teaching help the speaker improve as a trader?
-As a mentor, teaching others enhances the speaker's own proficiency by reinforcing their understanding of trading concepts.
What lessons were learned from previous experiences with prop firms?
-The speaker faced issues with some prop firms like FX AI, which denied payouts and even canceled accounts. The importance of selecting reliable firms is emphasized.
Which prop firms does the speaker currently recommend?
-The speaker currently recommends FTMO and CK Capital, though they cannot trade with CK Capital due to the partnership.
What is the strategy for achieving the 3 million in funding?
-The strategy is to secure 100k from each firm, focusing on one challenge at a time, without overextending to minimize risk.
How does the speaker plan to scale their trading for 2025?
-The speaker plans to scale carefully by securing smaller payouts (5% per payout) and not rushing the process, with an emphasis on risk management and smart money recycling.
What is the significance of the 'rotation method' mentioned in the video?
-The rotation method is a trading approach where the speaker works with different accounts sequentially rather than all at once to avoid overwhelming complexity and to reduce risk.
What role does journaling play in the speaker's process?
-Journaling helps track every challenge, payout, failure, and success, providing valuable insights for improvement and serving as an educational resource for followers.
What is the course offered in the video, and what does it teach?
-The speaker offers a course that teaches a trading strategy, including a specific pattern, the break-retest strategy, and the psychology behind dynamic personal risk management.
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