Just to add some context: I started the True Forex Funds evaluation process 1 week prior to my FundedNext challenge documentary. FundedNext I did aggressively 3% risk per trade. True Forex Funds I did 2% risk per trade. Hence it's a bit of a different case study. Same trades have been taken, but I explain the trades also more from the technical aspect. Hope you are going to enjoy documentary! Please leave a like and a comment below.
Sorry about my comment, I see that you did hide, although I didn't say anything disrespectful, just talked about the commercials in the COT and fundamentals of platinum. thanks :)
@@berndskorupinski I commented few days ago, but it's not showing up, probably held automatically for review to be approved. thanks for your response.
Looking forward to the documentary and also joining your o line trading campus, only institutional traders would understand the how important the tools you use are, making fundamentals objective on the chart is one the best approach one can have on the market.
Wichtiger Content, Bernd. Danke dafür. Das zeigte mir, dass ich nicht alleine mit meinen Emotionen bin. Gerade bei solchen Swing-Trades muss man echt Gedult haben. War mal 3 Monate in einem Swing drin, bin fast ausgetickt, aber letztendlich habe ich Gedult bewahrt. Und es hat sich am Ende gelohnt. Liebe Grüße. Love your content
Another great video :-) love seeing these. What I really like is that you do not sugar coat what you are going through even though it's a pain in the ass (sorry for my language). There is so much I have learned from you and OTC. you have to patient and sticking to the plan. I am grateful to be part of OTC thanks ...
Thank you for your nice comment! And I am so happy that you are finally funded as well! The only way is up 📈! It’s also important to bring the “real trading” to RU-vid and show people what it’s really like being a pro.
@@berndskorupinski thank you Bernd :-) It was a struggle (personal) but I made it through. now its time to get some paypouts :D . I have just ordered another challenge :-D like you said the only way is up
I’ve just finished watching your two series. These clips are going to my favorite for reminding how much patience I must have the trade on plan even if its nearmiss with trade stoploss😅😅.
Good to see that you are dominating the prop space with SUPPLY AND DEMAND strategy. I also use the same strategy . Can you name genuine prop firms which allows Stocks for trading?
Thank you 🙏. Obviously I am only using Supply and Demand for Market Timing. Generally speaking I don’t recommend prop firms cause I don’t want to be affiliated with any of them. I am neutral. But small hint: Check the prop firms I am using. All of them offer stock trading except for one. I am all happy with them.
Hi Bernd ,thanks for the videos, I really enjoy watching them especially with the tools you use, quite institutional approach, would you be posting week 3 and 4 of this TFT account anytime soon?
@@berndskorupinski Looking forward to the documentary and also joining your online trading campus, only institutional traders would understand how important the tools you use are, making fundamentals objective on the chart is one the best approach one can have on the market.
@berndskorupinski That's a risk of 2% per trade, In your case you're risking a total of 4% for both positions and taking into consideration that the daily loss limit of prop firms is 5%. If those stops got hit, you won't trade for that day again to prevent a breach. The max loss limit should be 10% and taking such huge hit at the beginning of the challenge should be devastating especially from a psychological standpoint. I believe the risk can allow you to pass it quickly and could also hasten your account getting close to getting breached. It's a two-edged sword and can cut both ways.
The entry here stems from an "Investor mindset" with an investor large cap and investor invalidation level for stop loss. More so, fundamentals gives us an idea but it sometimes it takes time for the market to price it in, here it took 2 weeks to kick in. The difference with "Trader mindset" with small capital was that they cannot afford wide stop loss thus his timing for entry must be precise. We all make mistakes, what saved this trade was the logical stop loss befitting the timeframe of entry and risk management.
I got recommended by you from Rasheed . I trade 4H and have a hard time with finding a good way to manage my trade . I see you do set & forget . How are you able to manage your emotion when targeting a 3R with set and forget and the trade reaches 2R and you come back to a -1 ?.
If you are 2Rs up and go home with a loser, then this is the worst money management you can possibly do. Get a rule to move your SL accordingly. Mechanical rule e.g. price moves 1:1 you move SL to BE. price moves 1:2 you move SL to 1:1 etc…
Bernd do you know TheMas7er and his DR/IDR strategy? Your tools and way of thinking reminded me how he approaches trading except for the fundamental analysis part. Really curious about your opinion about the DR/IDR
Hi Bernd, in the [Week 1] Video, your SL was hat 886, under the 30.June Swinglow. In the [Week 2] Video you would have been stopped out, but ur SL was now at 880..... Can you explain that why u moved it? Its not "set and forget"
I mean, just a question, but how would you allow one setup to float for -7k losses? Did you had the SL at the first place? Or did you placed it later on? If things go against you, you’re technically bombing the account right? Sorry just some questions!
Sorry for sounding like a doubt, but you described that you were ‘hoping’ it would eventually move back into your favour. But isn’t a professional trader’s acting as per the market evidence - what they see? You can always get out temporarily until price action clears your doubt then get back in right? I am a full-time 7 fig trader too, but it seems to me like your risk exposure is rather high, maybe it’s just within your edge! But still, good one for the video!
@@berndskorupinski That's 2% per trade, In your case you're risking a total of 4% for both positions and taking into consideration that the daily loss limit of prop firms is 5%. If those stops got hit, you won't trade for that day again to prevent a breach. The max loss limit should be 10% and taking such huge hit at the beginning of the challenge should be devastating especially from a psychological standpoint. I believe the risk can allow you to pass it quickly and could also hasten your account getting close to getting breached. It's a two-edged sword and can cut both ways.
According to you if once supply or demand zone wicked across it then its invalid.? and how to find which zone has high probability of reacting brother.? thanks🙏
That’s a super complex discussion that cannot be answered in two, three simple questions. Basically it’s important that your LTF is covered by HTF (e.g. daily zone covered by weekly) covered zones are the best cause you re trading with the strength of the HTF zone…if this makes sense?
@@berndskorupinski yes sir htf holds more weightage cause its neeeds more money to move from a point to point but i was wondering how you approach supply and demand like if zone got wicked (breached) do you still consider it as valid zone.?
Last 2 weeks (us30/us100) were not so easy in general I think (daytrades), I made some money, but sudden changes in the market caused me some losses to. Lets hope next week is more in good flow ;-)
If it goes in your direction great. If you just removed your SL and just hope it will come back then this is the worst mistake you can make as a trader.
@@berndskorupinski so like in the platinum long you will exit the trade just before price meets the next supply zone that I am assuming you will exit it on your HTF.correct me if I am wrong
@patricknganga30 so yes Patrick, theoretically you are right. But since it’s a challenge environment and in week 3 I will open a Gold position and a US30 position, I will exit the Platinum trade a bit earlier because we almost hit the 8% profit target. If that was a “real environment” I would hold it until opposing zone correct.
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