All language subtitles for 3. Risk Management For Funded Accouns

We have arrived at the last less

Turn off this mentorship and we're going to

You talking about phonetic account

How to pass

And how to

Retain

So how do we pass and how do we keep those funded accounts right

As we all know Phase 1

Of most firms is 8% profit Target

And Phase 2 is 5% profit Target

Now depending on the ProForm

You have a either 10% Max drawdown or 12 Maxwell Drive

And most of the time the daily maximum drawdown is 5%

But we don't want to risk 5% in a day right so

Be sensible

Are objective is to win two traits in a row

And this risk management plan is framed around a different models taught in the mentorship

And assuming you follow all the rules

Our objective with the First Rate is to get

At 2 to 3% buffer

On the account and then

We going to

2%

So phase one right 8% profit Target option number one how are we going to do this when we are break-even or

We are starting out the account we risk 1% and then we aim for a one to two

Don't call me Amy

1254126 we want to go

And build up our buffer first right so 122

For a 2:30

Now for a second

What we raise 2%

And then we aim for 1 to 3:00 and that would be 6% right

So with two winners you can get a phase one passed with 8%

If at any point we are back at break even we risk 1%

At any point when we are below break even

We risk 1% or less and we don't risk more

To catch up right because then

If we take another loss

Here we go risk 2%

What's 3%

We go even deeper in draw

Option number two

When we're at Breakeven we risk 1% and then we aim for a 1 to 3

So then we have a 3% buffer to start off our account right

For a second rate

Then we risk 2% and then we aim for a 1 to 2 and a half hour

Making 5% right so again

With two portraits you passed at 8%

Face

Profit Target

If at any point

Again we are Breakeven

Then we risk 1% again

And if we are below Break Even if we risk 1% or less

And never risk more

Now for Phase 2

Option number one at break-even again we risk 1% and aim for the buffer right at 1:22 so we have

2% buffer

Then for a second trade

We risk 1% and then

Volume for a one to three

Now you can see

This is a little bit more conservative right

Phase one you have to

8% profit Target which can be

Play alarm clock if it's not done properly but it's 5% is a little bit easier to obtain so

There's no RIS

To risk 2% right for option number one so

Risking 1% to go for one to three

Getting the 3% and then you have that full 5%

The face to

Again at any point if you are Breakeven

We risk 1% again

As always and then if we are below break even

Or we are in drawdown we risk 1% or less

And never risk more

Option number 2 at Breakeven we risk 1% and then we aim for a 1 to 3

Alright so we aim for

What's 3% for our first rate

And then for our second trade we risk 1 percent

And then aim for a one to two

So that should be a pass on your challenge account

In two trades once again

If you're at any points at break even

Risk 1% again

And if you are below break even

Risk 1%

Or less

And never risk more than 1%

So now that we've attained that life account at break-even we risk half a percent and then aim for

One to two now we have a 1 buffer right

So for a second rate now we can risk 1%

And then aim for a 1:22

Or 1 2 3

And that's depends on the Traders strike rate

Once you reach about 2 to 6% on your life account

Leave

Because

We move on to the next account

What's a life on the account reaches the to 6%

You can wait for your payout

Get your challenge money back

And then you can move

To the next account

And this is how you build up

Your