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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:11:08,128 --> 00:11:10,848 right to keep looking for improvements staying on top of 2 00:11:20,408 --> 00:11:22,968 there are members in this community who have regularly 3 00:10:59,288 --> 00:11:02,368 potentially do that and even then you will still need to 4 00:10:41,708 --> 00:10:45,108 from the comfort of your own home office. Now this isn't 5 00:12:09,588 --> 00:12:14,268 can link up multiple accounts in some cases. So, this is why 6 00:11:10,848 --> 00:11:13,728 your routines keeping on top of your physical mental health so 7 00:12:21,388 --> 00:12:25,308 you must build the skill set first and prove that you are 8 00:11:02,368 --> 00:11:05,248 constantly be reviewing your processes journaling and 9 00:10:10,668 --> 00:10:15,948 thousand dollars at the time of this recording. So you can make 10 00:10:35,188 --> 00:10:38,348 and all that corporate **** right? Compared to potentially 11 00:10:27,508 --> 00:10:30,348 don't love you know wasting valuable time that you'll never 12 00:10:01,948 --> 00:10:04,788 before tax. So after your profit split with the 13 00:10:04,788 --> 00:10:07,628 government it's around twenty-four 000 pounds roughly. 14 00:12:17,428 --> 00:12:21,388 abundance of capital out there literally waiting for you but 15 00:12:03,348 --> 00:12:06,428 opportunity can be you know, providing you and that's 16 00:11:41,588 --> 00:11:46,108 recording with FTMO every four months if you average at least 17 00:11:53,828 --> 00:11:56,668 something like this so another two years you have the 18 00:11:26,628 --> 00:11:30,508 year we've got you but it just takes time and a **** ton of 19 00:11:34,468 --> 00:11:38,708 reward is there if you want to take it because all of that is 20 00:10:38,348 --> 00:10:41,708 a few extremely focused hours each day on the London session 21 00:11:17,448 --> 00:11:20,408 you know you're not limited to making 10% per month of course 22 00:10:24,228 --> 00:10:27,508 know the 50 or 60 hour workweek in a job that you probably 23 00:10:15,948 --> 00:10:20,268 right the average salary the average annual salary in a 24 00:10:07,628 --> 00:10:10,668 Which is about 2-eight thousand euros or about thirty-three 25 00:09:36,808 --> 00:09:42,848 a $400, 000 account 10% per month equates to a $40, 000 26 00:10:49,948 --> 00:10:52,508 on your computer for a couple of hours a day and make a load 27 00:09:06,788 --> 00:09:10,468 to yourself when you are first starting out. Now, there are 28 00:09:23,768 --> 00:09:27,648 popular firms FTMO they offer you the opportunity to 29 00:08:10,228 --> 00:08:13,788 making a profit from spectative trading strategies so this is 30 00:08:13,788 --> 00:08:16,668 in comparison to you know say a dealing desk at a bank where 31 00:08:49,228 --> 00:08:52,428 online prop firms who offer the opportunity for you to become 32 00:08:32,208 --> 00:08:35,648 that bank to be executed by the bank and then the bank takes a 33 00:07:58,148 --> 00:08:03,508 picture now proprietary firm that is commonly referred to as 34 00:09:10,468 --> 00:09:12,948 many prop firms out there and you know, a discussion on this 35 00:07:54,908 --> 00:07:58,148 little bit and you focus on the larger and the longer term 36 00:07:19,208 --> 00:07:22,248 along but what I want you to realize is that you don't even 37 00:07:28,848 --> 00:07:32,528 month, you know, that really is a magic number. Six times 12, 38 00:07:22,248 --> 00:07:24,768 need to make really high returns each month in order to 39 00:07:13,988 --> 00:07:16,428 You know you don't have to take my word for it because I will 40 00:07:11,108 --> 00:07:13,988 know this isn't just hyperbole. I'm not trying to hype you up. 41 00:07:07,508 --> 00:07:11,108 possibility to make extremely high returns in the market. You 42 00:06:10,868 --> 00:06:13,748 in 10 years time I'm going to be you know like you know 10 43 00:06:52,948 --> 00:06:55,348 of compound interest before this video then you will now 44 00:06:55,348 --> 00:06:58,708 understand why Albert Einstein was apparently quoted as saying 45 00:06:42,688 --> 00:06:45,288 can see what effect that happens right so play around 46 00:06:48,808 --> 00:06:52,948 the video notes. So if you somehow were not already aware 47 00:06:00,148 --> 00:06:02,948 need to just be a little bit more realistic is how this will 48 00:05:55,788 --> 00:06:00,148 the opportunities there noone can deny that where you kind of 49 00:09:46,448 --> 00:09:50,088 them 30% of your profits and you keep the remaining 70% so 50 00:05:45,228 --> 00:05:49,508 but of course you know use these compound interest 51 00:08:29,168 --> 00:08:32,208 timber in another country they will put their orders through 52 00:08:03,508 --> 00:08:06,628 prop firms right it's just an institution that essentially 53 00:08:19,928 --> 00:08:23,008 they obtain through client trading activity so essentially 54 00:07:44,688 --> 00:07:48,668 money every single year. That is what the power a small 55 00:08:26,208 --> 00:08:29,168 right big construction firms that need money to purchase say 56 00:07:41,528 --> 00:07:44,688 for a second an investment where you literally double your 57 00:07:36,848 --> 00:07:41,528 monthly for a year equates to a one 00 percent return. Imagine 58 00:07:24,768 --> 00:07:28,848 actually make an incredibly lucrative income because 6% per 59 00:06:22,288 --> 00:06:24,728 harder and harder to deal with that as sizes get bigger so 60 00:12:14,268 --> 00:12:17,428 I said at the start of this video that there is truly an 61 00:06:32,648 --> 00:06:35,888 know with your withdrawals but also you can put deposits maybe 62 00:12:06,428 --> 00:12:09,588 without even considering adding other prop firms capital as you 63 00:11:56,668 --> 00:12:00,948 opportunity to be trading seven-figure investor capital. 64 00:11:22,968 --> 00:11:26,628 made much more than that so if you want to make six figures a 65 00:11:30,508 --> 00:11:34,468 hard work and focus dedication to your craft but the financial 66 00:10:32,868 --> 00:10:35,188 your workplace as well as dealing with bosses you know 67 00:06:45,288 --> 00:06:48,808 with it really useful tool I'll put a link to it down below in 68 00:06:24,728 --> 00:06:27,568 it's not always just going to be a super smooth process right 69 00:05:38,128 --> 00:05:40,968 trading right so you can see in two years time you know with 70 00:05:40,968 --> 00:05:45,228 10% a month you can pretty much get that to nearly 100 grand, 71 00:06:35,888 --> 00:06:38,608 you have a lot of capital at hand maybe you're still 72 00:06:30,008 --> 00:06:32,648 definitely is like I said before is go up here put in you 73 00:06:08,068 --> 00:06:10,868 are going to happen so don't just suddenly think okay well 74 00:05:53,028 --> 00:05:55,788 power is there right the math doesn't lie it's there right 75 00:05:22,728 --> 00:05:25,968 boom there we go so here you can see that monthly breakdown 76 00:05:09,968 --> 00:05:12,328 can put in your withdrawals of you know what what profits you 77 00:05:33,928 --> 00:05:38,128 total PNL yeah and then that would be your account balance 78 00:11:38,708 --> 00:11:41,588 even without the scaling plans so at the time of this 79 00:11:50,228 --> 00:11:53,828 will increase your account size by 25% and that will look 80 00:10:55,768 --> 00:10:59,288 consistent dedication to get to that level where you can 81 00:05:25,968 --> 00:05:28,168 right it just does a nice little table for you so 82 00:05:05,808 --> 00:05:08,008 and then without any deposits or withdrawals this is really 83 00:04:39,068 --> 00:04:43,768 interest calculator and see if we can have a play around just 84 00:03:41,888 --> 00:03:45,128 it's always capped at 10% for some reason, You actually end 85 00:05:15,408 --> 00:05:18,968 want to live off that or whatever and then we can chuck 86 00:09:50,088 --> 00:09:53,908 that leads to a twenty-eight thousand dollar net profit for 87 00:05:18,968 --> 00:05:22,728 this here get rid of that comma I believe let's see calculate 88 00:04:00,888 --> 00:04:03,968 balance right and you're not withdrawing then that same 10% 89 00:10:52,508 --> 00:10:55,768 of money. Of course not. Is going to take years of 90 00:03:57,888 --> 00:04:00,888 bottom by the end of the year if you compound your account 91 00:09:32,328 --> 00:09:36,808 to prove your skill set first so with a $400 account so $400 92 00:09:57,068 --> 00:10:01,948 a minute the average UK salary is around £30, 000 and that's 93 00:03:36,888 --> 00:03:39,208 literally have a fixed performance, right? Where you 94 00:04:30,308 --> 00:04:33,428 skill set to have so let's take a quick look at a compound 95 00:11:13,728 --> 00:11:17,448 that you can maintain your peak performance oh and by the way 96 00:04:21,988 --> 00:04:27,428 over a year that actually equates to a 214% return 97 00:04:17,548 --> 00:04:21,988 12 times 10 because that 10% per month when you compound it 98 00:11:05,248 --> 00:11:08,128 studying all of your trades testing tweaking your strategy 99 00:04:58,888 --> 00:05:01,568 let's just say you make that 10% return and then you want to 100 00:05:12,328 --> 00:05:15,408 will need to withdraw each month for you know whether you 101 00:10:30,348 --> 00:10:32,868 be able to get back just on commuting back and forth to 102 00:10:20,268 --> 00:10:24,228 developed an economy in just 1 month. And that's without you 103 00:04:51,248 --> 00:04:56,088 you have a starting balance right of 10, 000 and you have 104 00:04:46,688 --> 00:04:51,248 so get rid of this cookie **** so let's just say I don't know 105 00:09:27,648 --> 00:09:32,328 initially trade up to $400, 000 if you pass their trading test 106 00:11:46,108 --> 00:11:50,228 just a 2. 5% return during each of those four months then they 107 00:09:19,328 --> 00:09:23,768 being funded from just one prop firm alone so one of the most 108 00:09:53,908 --> 00:09:57,068 you to take home each month. Now if you think about that for 109 00:09:12,948 --> 00:09:16,228 goes beyond the scope of this specific lesson but for now, I 110 00:10:47,788 --> 00:10:49,948 definitely definitely not saying that you can just turn 111 00:09:42,848 --> 00:09:46,448 gross return, then after the 7030 profit split so you pay 112 00:12:00,948 --> 00:12:03,348 Now, I'll let you do the math on the potential that that 113 00:09:16,228 --> 00:09:19,328 just want you to think about the potential that arises from 114 00:10:45,108 --> 00:10:47,788 supposed to be some kind of you know FX sales pitch. I'm 115 00:09:04,188 --> 00:09:06,788 of capital that you may otherwise not have had access 116 00:03:54,808 --> 00:03:57,888 equates to $1, 000 profit, but then all the way down at the 117 00:02:56,728 --> 00:03:00,368 on a larger $1 million dollar account that now equates to 118 00:06:19,608 --> 00:06:22,288 own issues and problems you know psychology it can be 119 00:03:22,048 --> 00:03:24,728 going to slow your progression down. So, build the skill set 120 00:08:58,348 --> 00:09:01,508 share a split of any profits that you make with them because 121 00:08:46,768 --> 00:08:49,228 last years alone, there has literally been an explosion of 122 00:03:24,728 --> 00:03:27,008 because noone can take that away from you and then the 123 00:02:02,668 --> 00:02:07,088 then you multiply that by 100 to turn it into a percentage so 124 00:08:06,628 --> 00:08:10,228 uses its own capital to trade with for the sole purpose of 125 00:03:12,088 --> 00:03:14,928 ranting so much about just putting all of your focus on 126 00:03:14,928 --> 00:03:17,808 building the skill set and forgetting about the monetary 127 00:02:32,128 --> 00:02:36,208 and 20% per month translate to into actual money based on 128 00:03:17,808 --> 00:03:22,048 rewards for now. Focusing early on the money is probably only 129 00:04:07,248 --> 00:04:10,448 right with nearly $3, 000 there. So now at the end of the 130 00:03:27,008 --> 00:03:31,288 world is literally your oyster. You can be set for life. Now, 131 00:08:55,268 --> 00:08:58,348 firm's capital on their behalf but of course, you then just 132 00:04:13,768 --> 00:04:17,548 a 120% return on your account balance right you don't just do 133 00:03:09,848 --> 00:03:12,088 is why you will, you know, pretty much constantly hear me 134 00:08:52,428 --> 00:08:55,268 one of their traders. So, you can trade a portion of their 135 00:07:51,748 --> 00:07:54,908 consistently make can do for you if you just zoom out a 136 00:08:42,448 --> 00:08:46,768 profit with speculation in the market right now just in the 137 00:03:31,288 --> 00:03:33,448 trading is probably the most scalable business model on 138 00:07:32,528 --> 00:07:36,848 you know, that might only be 72% but six percent compounded 139 00:09:01,508 --> 00:09:04,188 there are, you know, obviously providing you access to a lot 140 00:07:01,788 --> 00:07:04,748 compound interest. So in this course you are going to learn a 141 00:08:16,668 --> 00:08:19,928 they're looking to make profit on thin margin commissions that 142 00:07:48,668 --> 00:07:51,748 monthly return that is very achievable for you to 143 00:07:16,428 --> 00:07:19,208 show you and prove it to you throughout the program as we go 144 00:06:58,708 --> 00:07:01,788 that the most powerful force in the universe is actually 145 00:07:04,748 --> 00:07:07,508 skill set that if you can master you will have the 146 00:08:39,008 --> 00:08:42,448 firms these firms trade their own capital purely to make a 147 00:08:35,648 --> 00:08:39,008 small commission on that order but if you compare it to prop 148 00:08:23,008 --> 00:08:26,208 just clients who you know for commercial volume or whatever 149 00:06:38,608 --> 00:06:40,688 going to work a job and maybe you're going to be slowly 150 00:06:13,748 --> 00:06:16,588 tens and tens of millions because you also have to deal 151 00:01:35,788 --> 00:01:38,628 have spent the time and the hard work that it takes to 152 00:01:38,628 --> 00:01:41,748 build that skill set first. Now, the output of that 153 00:06:27,568 --> 00:06:30,008 but have a play around with this what I would recommend 154 00:01:41,748 --> 00:01:45,428 equation, that equation for potential trading returns is 155 00:02:27,968 --> 00:02:32,128 right so as you can see in this table what returns of 5% 10% 156 00:06:40,688 --> 00:06:42,688 adding more and more money to your account each month and you 157 00:06:02,948 --> 00:06:05,588 work in real life is you're going to have withdrawals 158 00:02:10,788 --> 00:02:15,048 000 profit then you would divide that $1, 000 profit by 159 00:05:31,088 --> 00:05:33,928 obviously that would be your total profit you know your your 160 00:02:43,368 --> 00:02:47,848 10% return, but now on a $100, 000 account now equates to a 161 00:04:27,428 --> 00:04:30,308 compounding is what makes trading such an incredible 162 00:05:28,168 --> 00:05:31,088 essentially the interest would be your your monthly profit and 163 00:04:56,088 --> 00:04:58,888 an interest rate right we want to do this by monthly so 164 00:05:08,008 --> 00:05:09,968 useful right if you want to be a bit more realistic and you 165 00:05:49,508 --> 00:05:53,028 calculators right as motivation right because honestly the 166 00:04:43,768 --> 00:04:46,688 click on the first one let's see what this one's like okay 167 00:01:16,208 --> 00:01:19,568 consistent, noone can take that skill away from you and a 168 00:01:56,028 --> 00:01:59,428 total amount of monetary profit that you made and then you 169 00:06:16,588 --> 00:06:19,608 with trading larger amounts of capital right that brings its 170 00:03:51,168 --> 00:03:54,808 here in this table right in month one that 10% return 171 00:01:31,768 --> 00:01:35,788 will be financially rewarded, extreme well but only if you 172 00:05:01,568 --> 00:05:05,808 see where that gets you you know in two years time right 173 00:03:45,128 --> 00:03:48,048 up making more money every month anyway and that is due to 174 00:04:33,428 --> 00:04:39,068 interest calculator so let's take a look for a compound 175 00:04:03,968 --> 00:04:07,248 return that gives you almost triple the amount of profit 176 00:03:48,048 --> 00:03:51,168 the wonderful power of compounding. So as you can see 177 00:06:05,588 --> 00:06:08,068 you're going to have taxes right all of these things that 178 00:03:05,768 --> 00:03:09,848 just on a larger account produces large of profits. This 179 00:02:36,208 --> 00:02:39,848 different account sizes so that 10% return on a 10 grand 180 00:01:22,768 --> 00:01:25,368 literally infinite flows of capital in this world that are 181 00:01:19,568 --> 00:01:22,768 capital will then find you. I promise you that. There are 182 00:02:51,408 --> 00:02:56,728 return you know that exact same performance and skill but just 183 00:03:39,208 --> 00:03:41,888 never return a higher percentage so say, you know, 184 00:02:15,048 --> 00:02:19,008 your $10, 000 account size which gives you nought. 1 and 185 00:01:04,608 --> 00:01:09,288 you right at your fingertips. But first, before that, you 186 00:01:01,228 --> 00:01:04,608 there is literally an abundance of trading capital available 187 00:00:58,788 --> 00:01:01,228 firms they're literally popping up everywhere at the moment 188 00:02:39,848 --> 00:02:43,368 account obviously equates to $1, 000 profit and that same 189 00:02:19,008 --> 00:02:24,008 then you multiply this by 100 to give you 10% so $1, 000 190 00:03:00,368 --> 00:03:05,768 $100, 000 profit per month so the exact same skill set but 191 00:02:47,848 --> 00:02:51,408 $10, 000 profit and then of course again that same 10% 192 00:03:33,448 --> 00:03:36,888 earth. If you return the same percentage every month, so you 193 00:02:07,088 --> 00:02:10,788 for instance if you had a $10, 000 account and you made a $1, 194 00:04:10,448 --> 00:04:13,768 year if you return 10 percent every month that's not actually 195 00:01:25,368 --> 00:01:27,888 just looking to be parked somewhere where they can get a 196 00:01:50,148 --> 00:01:53,108 measure your trading returns is as a percentage of your trading 197 00:00:51,908 --> 00:00:55,108 today's modern age you know we have seen this reasonably 198 00:00:55,108 --> 00:00:58,788 recent emergence of online prop firms proprietary proprietary 199 00:02:24,008 --> 00:02:27,968 profit on a $10, 000 account is obviously a 10% net return 200 00:00:45,988 --> 00:00:48,868 consider to be you know relatively small then there is 201 00:01:59,428 --> 00:02:02,668 divide this figure by the size of your trading account and 202 00:01:53,108 --> 00:01:56,028 account size. So, the way that you do this is you take the 203 00:01:27,888 --> 00:01:31,768 return. Your skill set is an extremely high demand and you 204 00:01:45,428 --> 00:01:50,148 practically unlimited. Let me explain. So, one main way to 205 00:00:25,868 --> 00:00:29,308 balance. Now, your job is to put all of your focus and I 206 00:00:48,868 --> 00:00:51,908 no need to be concerned about that whatsoever because in 207 00:01:12,688 --> 00:01:16,208 that capital. So once you have built the skill set and you are 208 00:00:40,828 --> 00:00:43,028 maybe if you don't currently have access to a lot of 209 00:00:43,028 --> 00:00:45,988 capitals of trade and your account balances maybe what you 210 00:01:09,288 --> 00:01:12,688 have to prove that you are worthy to be able to handle 211 00:00:33,748 --> 00:00:37,028 Once you have built that set you know to a certain level you 212 00:00:29,308 --> 00:00:33,748 mean 100% of your focus first on improving your skill set. 213 00:00:15,708 --> 00:00:19,628 make money. So quite simply, the potential returns from 214 00:00:19,628 --> 00:00:22,868 Forex trading are a factor of just two things. Both your 215 00:00:37,028 --> 00:00:40,828 will then be ready to handle much larger capital you know 216 00:00:10,188 --> 00:00:12,388 wouldn't you want to know that? At the end of the day, no 217 00:00:07,148 --> 00:00:10,188 be fair, it's a great and perfectly valid question. Why 218 00:00:22,868 --> 00:00:25,868 individual skill set and the size of your trading account 219 00:00:03,988 --> 00:00:07,148 question that everyone wants to know when starting out and to 220 00:00:12,388 --> 00:00:15,708 matter what anyone says, the ultimate reason we trade is to 221 00:12:25,308 --> 00:12:30,028 worthy to handle larger amounts of capital. 222 00:00:00,000 --> 00:00:03,988 So, how much money can you make trading Forex? That's the 20893

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