47 min listen
303: Can You Trade Full-Time with FTMO? - Michael Toma
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
303: Can You Trade Full-Time with FTMO? - Michael Toma
FromDesire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders
ratings:
Length:
35 minutes
Released:
Jun 21, 2021
Format:
Podcast episode
Description
Can You Trade Full-Time with FTMO? In episode 303 of the Desire To Trade Podcast, Michael Toma and I discuss whether or not you can trade full-time once you get funded by FTMO or similar prop firms. Watch the video interview here Topics Covered In This Episode 0:00 Start 0:15 Introduction 0:57 What going full time as a prop firm trader entails 2:07 How much capital you need to trade in a prop firm 3:00 How to improve your equity curve to make it attractive for prop firms 4:30 How to scale your trading capital via prop firms and private capital 7:43 How to decide if its best to trade your own capital or prop firm capital 9:00 What risk per trade to use in a prop firm challenge/evaluation 12:25 What are some things you can do to improve discipline in prop firm trading 14:56 How long it takes to become a "professional" trader 16:36 Why should or should you go into crypto trading 20:38 How to define a "professional" trader 23:27 How to build a track record with a 2,000 USD account 24:42 Do you need fundamentals to be a successful trader? 27:39 Should you scalp if you have a small amount of time to trade 30:38 How to keep consistency as a prop trader 32:50 Good books on Risk Management for traders and much more What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: Pepperstone (use our link to get a special bonus) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Released:
Jun 21, 2021
Format:
Podcast episode
Titles in the series (100)
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