My Exit Strategy On US30 And XAUUSD - True Forex Funds Challenge [Week 4]
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- čas přidán 7. 06. 2024
- In this video, I demonstrate my forex exit strategy for managing multiple trades in a prop firm challenge environment. Specifically, I showcase how I manually close my US30 and XAUUSD trades, providing a live trading recording of the process. When aiming to reach a fixed profit target with multiple trades open, it is crucial to have a clear exit strategy in order to successfully complete the challenge. By analyzing my simultaneous US30 and XAUUSD trades, I provide a practical example of how to determine exit points while operating under pressure.
I hope you enjoy the final week of my True Forex Funds prop firm challenge documentary.
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Content:
00:00 Last stop of this adrenaline-fuelled journey
00:30 100% win-rate, AGAIN?!
01:40 My performance in Precious Metals & Indices
02:23 Strategize your exit.
02:46 My emotions on camera
03:10 Day 16 - Part 1
05:12 Day 16 - Part 2
11:50 Closing the last of my open positions
12:55 My analytics & performance from this challenge
#us30 #xauusd #propfirmchallenge - Zábava
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Hey everyone in the CZcams community! Just wanted to wish you all a Merry Christmas. I wanted to take a moment to express my gratitude to each and every one of you for being such loyal subscribers and for taking the time to watch my videos. Your support means the world to me! I also wanted to thank you for all the likes and motivating comments you've left. It really keeps me going! And guess what? We have a lot of exciting things lined up for this channel in 2024, and I seriously can't wait to share them with you amazing people. Stay tuned!
Hi Bernd, wish you and your family also merry Christmas. Unfortunately, our Christmas is no longer the same since I am going through hard times right now.
Other than that, I can't wait what to see that is coming in this channel or general at OTC.
No matter what my situation is right now I will make 2024 the best year why? OTC gave me the foundation and I am forever grateful. thank you
@cervantes786 thank you Cervantes! No matter how hard the times are. The Campus gonna crush 2024 💯💥 wish you all the best and hope to see you and your family soon back in Dubai 🫶
This is like an extra gift for me, thank you for showing up on Xmas day! Merry Xmas to you and your family 🎁🎄💪
Thank you 🙏 nicely said! Enjoy your Christmas holidays with your family! 🎄🎁
Finally, my most awaited trading result, been following this series since week 1, the analysis and trade execution were very transparent… This gives me goosebumps 4 trades in 16 days with 100% win rate 🔥🔥🔥🔥As always quality contents and trades. My highest respect and hands down to Bernd, man you dominate the entire prop firm world. Hope to see more contents in 2024. Merry Christmas and happy new year, Bernd.
Thank you for always commenting and adding value to the channel! Marry Christmas 🎅 and yes 2024 gonna be epic on the channel 💯💥
Some flash the Lambos, you set FTMO all time records…… really inspiring for 2024 👏👏🚀📈
😂 haha yea u got it right! 🙏 Let’s see how we perform in 2024. Already excited about it 💯🥳 Happy New Year Patrick!
Incredible effort! Lots of respect to you and congratulations on the FTMO award! Your 10 years experience really shows. I'm only 5 years in at the moment, hoping to reach your level in the upcoming years! 👏🔥
Thank you 🙏 wish you all the best for 2024 🥳
Bernd, whoever is editing your videos is doing an Exceptional job!!! 🤣🤣🤣🤣
Can't believe I missed this video. Gold as always!!!
I will let my team know! Thanks for the compliment. The entire team is working hard to bring the best content possible
Love you man! Thank you for doing the videos, truly inspiring.
I appreciate your support! It means a lot to me.
What could be a good tip for a novice trader just like me? I accidentally found your channel just to discover you are on the top of the best traders in all the world. Looking at how you trade is incredible, and I appreciate that you are sharing it
Take it slow. Do swing trading. Don’t fall into the trap of scalping bs. Take your time! 💙💯
Thanks for this series Bernd! Your editing is great. I don't know what that other commentator is on about. I can see everything just fine. Merry Christmas to you and your family 🎄🎄🎄
Yes exactly 🤷🏼♂️. There is always one complaining person in the comment section. That’s social media, unavoidable 😮💨😂. Merry Christmas to you too 🎁💯
Wow the Indicator Tools on your trading platform is of this nature and I love them already. Young was super great and explaining & breaking it down.
I see myself joining your team soon Bernd .. Thank God I 🙏 come across your Channel last night. I watched your videos & Free Training from 02am-07am South Africa time and it was Worth It ... Thank you guys so much and I'll reach out soon for that Call.
Amazing! Looking forward to welcoming you at our Campus soon 🙏💯📈
Thanks for the content, very insightful.
Thanks for watching! Merry Christmas 🎁🎄
Wow sir I've always had respect for you. But after seeing FTMO post on X today I'm completely shocked to see that you have the highest number of being listed on FTMO leaderboard. Big inspiration for real!
Thank you! Hard work over 12+ years is paying off!
Hey Bernd, luckily I came across your interview with Rasheed last Friday and it was very inspiring. After watching that, I came to your channel and started with your first video and worked up to your recent one which is this one. You gave away a lot of tips and knowledge. I already scheduled a call to join Campus for next year. Thank you.
Amazing 🤩! Looking forward to welcoming you at our Campus in 2024! Happy New Year 🎆
@uhokaydee2328 did you ever join the campus? your review would be a great addition to the comments?
Marry christmas Bernd🎉🎉🎉. What a great content. Keep it up bro.. love from Sri Lanka.
Marry Christmas 🎄! Greetings to Sri Lanka 🇱🇰🫶
Amazing content, amazing strategy, amazing trader and AMAZING RESULTS!!! #TheSwingKing 🐐!!
Haha nice one 💯🙏 thank you so much for your comment! Hope you gonna crush 2024 💪
@@berndskorupinski 🙏🏽🙏🏽🔥🔥
Thank
You so much sir I am
From Nigeria and you have just opened my eyes and I pry to trade with you one day God bless you
God bless you! All the best for your trading 💙📈
These videos are great inspiration!
Not gonna lie I already hate this month! I already lost 5% on my funding account - 0.5 % risk per trade. Any quantitative approach gives me, the right values for the market, but the market did not perform as usual.
Thanks for your honesty and transparency! It cannot always go up…that’s unfortunately part of the trading journey as well…
You’re awesome
I will be joining you soon
I’m working very hard to raise the funds to join the online trading campus
I will like to be a trader that has much composure and make use of fundamentals and keeps it simple
Thank you very much for all you do
I am looking forward to welcoming you soon 💙📈
Thanks for the video and educational content. I learn from you everyday and my trading has started impriving wish I found this channel sooner merry merry Christmas Bernd
Merry Christmas to you! I happy to hear that you improve your trading! Keep on learning and you will crush 2024 💯💪
Good job 🎉
Thanks 😁
Nice mr. I many lernd from this video.
Amazing! Merry Christmas 🎄
congratulations, 100% win rate is mindblowing, The GOAT :-)
Thank you 💪🙏
@@berndskorupinski you lost your Instagram?
Hacked.
@@berndskorupinski oh shit... You can get it back as your face is on the images.... I lost my Instagram last year and could not get it back because only stones on the account. It's not easy but doable.
I don't usually comment , but I felt thats my duty for the effort u put in u deserves to be recognised by the algorithm 🤘
Thank you Zac 🫶. This is much appreciated. Merry Christmas 🎁🎄
fantastic!
Thank you and merry Christmas 🎄
Hey man, Indian here ....I am scalper and profitable...that's other matter that you said scalper can't have high position sizing ...I think you are correct about it. I have gone through your podcast, I have learned lot from you
Thanks for your comment! Keep on pushing and learning! Merry Christmas 🎄🫶
Congratz Bernd pretty impressive another 100% win rate challenge That's awesome man. Merry Christmas to you too.
So do you teach us noobs how to do what you do as well? and how best to go about learning from you?
Merry Christmas. 🎄 we teach everyone. You can book a call with my team. They will explain the entire process.
great video congratulations. Your analysis in these papers is excellent, but I believe that averages do the same things between market intentions...
Thank you. Don’t understand the second part of your comment? You wanna elaborate?
@@berndskorupinski Bernd, I'm sorry..., what did I want to tell you... That the vast majority of traders look at the market from the inside, and I look at it from the outside. So I don't want the middle to be the end of a structure, but rather when it will possibly begin. And as the market is dynamic and fast, the moving average does all this work for me, which is nothing more than a market intention. Forgive me, I don't know how to speak English.
Respect
Thanks!!
You should do a video on your personal favorite and most hated prop firms based on personal experience. That would be sure to get a BILLION views
I don’t have both to be honest 🤣
Great series Bernd! Congrats 🎉. Btw, why don't you use trade copier?
Thank you! No I don’t. Made a video about that. “how I manage $2.4M…”
Hi Bernd ! Congratulations for your pass with beautiful winrate success.I would like to be interested on what if positions goes another way and 2% per positions takes your daily limit , what kind of strategy do you use for that ?
Daily limit of 5%? Well never happened before but I would exit my trades manually before I hit the 5% limit and continue trading the same way.
wow great video again Bernd, will be looking to learn from you in Online Trading Campus in 2024! One question, what session do you trade/what time ?
Looking to welcome you in the Campus in 2024! If you watch my videos you should be aware by now that I don’t trade any session. I just trade 😂
great...can you provide the top 5 prop funders to use and can u provide a checklist when carrying a due defence of their strength credibly as ive lost funds in the past with 2 that went bust
I am not recommending prop firms. Not affiliated with any.
Insane entries, US30 was on point. Friday August 25th? We had red folder news. How important were your indicator confluences for this entry? Thanks Bernd
My tools were the cornerstone for the entry. In fact I ONLY ENTER once I have the tools in line. Would NEVER only go by technicals. It’s too flawed imo
@@berndskorupinski Definitely 🥸
Thanks Bernd🙏, amazing content 😊. Could you please tell what platform you use to trade US 30?
Analysis TRADESTATION. Trade execution MT5 (all my prop firm accounts are there)
@@berndskorupinski thank you!
something i don't understand all talk about 0.5% to 2% risk management but when i see someone open a trade there is 2 3 trade going for a pair which help them to scale up their amount but this will mess up their risk per trade , can you please help me on that
Great series Bernd, when is the Phase 2 ?
No phase 2. Will do more documentaries quite soon :)
@@berndskorupinski Ah, was it a 1step challenge ? Because in the 1st video you showed that ur getting the 2step one
and happy new year 2024
Oh yes absolutely I hope you gonna crush the markets in 2024 💥 keep on learning and trading 🙏
nice content.The only part I couldn't connect the dots is why on the platinum trade you had to close the trade before it hits tp
Because we had to achieve overall profit target of 8% so all the positions didn’t require target hitting
@@berndskorupinski ok understood thanks
@patricknganga30 super 👌
do you use limit orders or candle sticks for entries ?
Limit mostly
Hey Bernd, seen a few of your videos, in a video where you interview a student of yours he mentions globex, You responded that in the future you will make a video about this topic. I have been looking threw your video list. Don't see it, are you still thinking of making a video on the subject? Thanx in advance and have a great Holidays.
Look in the strategy playlist. It’s the day trading strategy video. Happy new year 🎊
@@berndskorupinski Thanx for replying so fast and have a Happy New Year to you too!
Hey I wanted to ask how many trading sessions do you trade?
I don’t trade any particular trading session. I am a set and forget swing trader
Duro
Hi bud ..
Can you create a podcast covering what to do look when selecting a prop firm and red flags please
My guide book video doesn’t help?
Not seen it
Hii Bernd,
For the question what would you like me to cover in the next vid.
I would like to know more about the fundamentals.
And how you can let them set youre bias. I have been testing with delta in intrest rates and commitment of traders but i feel like im missing something.
I will again do a bunch of challenge documentaries! Stay tuned!
Why don’t you use trade copier to trade across accounts?
Don't trust them.
Hello, is it possible that the best indicator you have is free? I can use it ❤
No our tools are not free, sorry.
Hello sir!! I am from india and i just want to say that you just change my trading life with your D&S strategy!! Thank you sir. I am now doing the FUNDED NEXT free 100k challenge and hope to get under 100 participants😅😅😅 just need your help plz make a video on how to hit target on gold!! Please sir...... I am following your footsteps help me ❤❤❤❤lots of love from india🎉
Have you copied my trade on the USDCHF in the challenge documentary?
@@berndskorupinski no sir I ain't find it.
@@berndskorupinski from where should I copy your trade?
Do you offer copy trading?
At our Campus
do they fund you using demo accounts?
Of course. All of them.
Hai ,how much is your 1 on 1 coching sir?
Our lifetime membership starts at $5K
i really need go back to my intraday and swing trading xD scalp fu*** my head lmao
Yes f*** scalping!
@@berndskorupinskiIn OTC program mentoring 1-1 its included?
@XJoao.X we have different solutions at our Campus
What is his risk to reward
His or mine 🤣?
@@berndskorupinski yours ofcourse, actually can’t believe you replied 😳
@micholalibo1451 check my channel. I personally reply on all comments as long as I can…RR 1:2 roughly
show us this in tradingview please so you can learn something
?
What would you do if you only made 9% a year trading?
I don’t care about percentages at all. RR is the key
@@berndskorupinskithen let's say you made 9rr a year. Is that good
@smokerx6291 no. Your goal has to be 2Rs per month on average. 24 Rs per year
Man play prop challenges like games
Haha good one 😅🫶
You're screen is not visible i don't see anything
What are you even saying
Not one five minute chart was used in the production of this passing 😂🎉
😂😂 no not at all 🤫
@@berndskorupinski no noise 🎯
And no forex mmanipulated pairs … tthese profesionals always use indecies and noobs use forex…. Maybe it’s coincidence but this is what i gathered watching all of them….
Hello 👋👋
Merry Christmas to Argentina 🇦🇷🎄☺️
@@berndskorupinski and to me as well 😃
Technically with this strategy you would have to win 100% or your trades going forward with that kind of risk, 1-2 losses would go over the daily max loss? Awesome trade nonetheless!
Just no….its the percentage risk that makes the risk! Not the strategy
I think it's not really realistic for people with a small budget who know how to trade but have limited resources. If you're going to take on a challenge, you do everything to try to pass it and will try not to run into a big drawdown. As shown in this video, if Bernd did blow the account, then there's nothing to worry about. It's only maybe a 2k loss of what he did pay for that challenge. For us, it is a lot of money.
What is not realistic? You understand the point of the video?
@@berndskorupinskiI understand. I'm just pointing out that most beginners have a different mindset. What I'm trying to convey is that I am also a trader and attempting to pass a proprietary trading firm challenge because I don't have much capital. This seems like a way for me to gain some initial capital. However, if I fail the challenge, I'll have to save money again to open a new account. That presents a different level of risk for me compared to traders like you who have more capital to lose.
No offence but the quality of the video is not good enough to grasp the info presented, can hardly distinguish on what timeframe is your chart... only when you zoom in we can properly check out the info shown ...maybe your deskop resolution too high for a 1080px video on youtube or idk.
Just my perspective.
Thank you for the info presented however.
Well no offense but the quality is 4K recording 😂. Maybe you check your settings! Anyhow weird comment if you ask me. I show all important details very clearly…better enjoy your Christmas Day rather than leaving a comment like this. 🤷🏼♂️
@@berndskorupinski oh my bad , maybe i watched the video to early , it takes a while until youtube uploads the 4k version , can only see 1080 for now