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Back to Episodes#501: Learn How to Pass a Prop Firm Challenge
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Learn How to Pass a Prop Firm Challenge
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#501: Learn How to Pass a Prop Firm Challenge
In this video:
00:28 – Lacking the capital to make a good income?
01:25 – Prop firms to the rescue
01:52 – Make sure you are profitable first
03:33 – How much to risk per trade?
05:19 – High Reward:Risk Trades
06:15 – View my new on-demand masterclass
06:54 – Take a look at Blueberry Markets
Prop firms. They’re a great way to make a substantial income through trading in the Forex market. But how do you pass their Challenges successfully and consistently? Let’s talk about that and more right now.
Hey there, Forex traders! Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 501.
Lacking the capital to make a good income?
Now, traditionally people have always had an issue when it comes to trading and the feeling that they cannot make a substantial income out of their trading.
And it’s a question that I’ve been, you know, sort of presented with for years and years and people go. Look, Andrew, love to do your course, but I’ve got $10,000. I spent a couple thousand dollars on your course. I don’t really have enough money. Even if I can make 50% in a year, you know, to actually make something substantial out of my trading account.
And it’s understandable. And my answer has always been, well, that’s fine. And I know it’s easy for me to say, but you’ve got to learn to trade properly first, learn how to first still doesn’t actually solve the issue for the individual. And, you know, in the past, people were able to do things like maybe trade funds for ot