9 Tips For Passing A Funded Account Evaluation

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Fatty Trades

Fatty Trades

Жыл бұрын

In this video I go through 9 tips to help pass an evaluation & get a funded futures account. Funded futures accounts are a game changer for retail traders and something that changed my trading career. These are the best tips for passing I've learned along the way.
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Пікірлер: 17
@TravHubert
@TravHubert Жыл бұрын
Oh man I am so close to feeling confident enough to jump into this. Excellent video and once again, truly appreciate your content. Love the flexibility with futures in terms sessions to trade and also the lack of theta. I think the final hurdle is to consolidate all of the data you have shared and really create a step by step system to follow for premarket prep and intraday rules so that my emotions don't get out of hand again. Dealing with PTSD this is my biggest challenge: being systematic to preserve mental energy. Resilience is low but building.
@FattyTrades
@FattyTrades Жыл бұрын
That’s awesome news! I love how risk is minimized too with funded futures and you can use your profits to fund another account for different strategies. I would encourage you to watch through all of the ICT core content playlists (12 total) and use what you’ve learned in step 1 of this video with the paper/demo account of your own. That will really hammer home smart money concepts & finding liquidity on the backs of the market makers! Totally agree though, No theta and no vega is such a HUGE win in my opinion. Plus super precise entries and exits
@artvaindelay2085
@artvaindelay2085 Жыл бұрын
Great video. Love the content. I am just getting into volume profile analysis. I know it takes time to master this. Hopefully one day I will get there.
@jorgehduque2840
@jorgehduque2840 Жыл бұрын
Thanks!
@aramus4584
@aramus4584 Жыл бұрын
Good content, solid advice! Glad I stumbled across your channel. Found you while searching for info on Elite Trader Funding. Hoping to grab a deeply discounted eval.
@FattyTrades
@FattyTrades Жыл бұрын
Awesome thanks! I was really hoping they would do a discount for new years and was very surprised they didn’t. When they do discounts they’re usually really big ones & will last long enough to get you fully funded. Fingers crossed they do one soon, I feel like a lot of people get into trading in the new year for tax purposes or resolutions and they’re missing a big opportunity. My discount code will match whatever the best discount is and currently offers 25% off everything but FastTrack evals when no better discounts are present.
@mikkellindgren7424
@mikkellindgren7424 Жыл бұрын
Hi FT, how many resets did you go Through before mastering?
@FattyTrades
@FattyTrades Жыл бұрын
I’ve been doing funded accounts for years. When I first started, it was with topstep and they have very difficult evaluations to pass that require two steps 😭 I went through probably about 70 or so attempts to get funded. It’s a huge milestone when you do end up getting funded because it’s something very few traders can achieve and proves you can be a consistently profitable scalper or day trader. When I switched to Elite so I could get a larger account more quickly, it was much easier but that’s because I was much more experienced trader after years of trading futures. Also, it’s sort of a right of passage, but almost everyone, myself included, blows their first funded account. Something about that emotional excitement that has us fall apart and ignore our patience and strategy that got us funded to begin with 🤦‍♂️ but the good news is, once you do it once it becomes easier to do it again.
@ryan3.082
@ryan3.082 Жыл бұрын
Are you trading your elite account with Tradovate and charting on tradingview or are you doing both trading/charting on tradingview only?
@FattyTrades
@FattyTrades Жыл бұрын
I chart on tradingview with ES/NQ up side by side then place trades on Tradovate with ES (or NQ in separate tabs) showing the 1D/1h/3m so I can take advantage of their brackets and the cleaner display of price action as candles form. Tradingview feels very laggy in comparison when it shows the way price delivers and their brackets aren’t nearly as nice.
@ryan3.082
@ryan3.082 Жыл бұрын
@@FattyTrades thanks for the reply! I tried paper trading es on tradingview today, felt like how you described but I wasn’t sure if it was the program vs me being new to futures. What are your thoughts on ninjatrader since elite trading gives a license for it?
@FattyTrades
@FattyTrades Жыл бұрын
I haven’t used it because they don’t have a version for Mac and I switch between Mac & PC (which is another reason I love tradovates cloud interface - they just don’t have lines snap to candles like tradingview) but I’ve heard good things
@ryan3.082
@ryan3.082 Жыл бұрын
Have you posted your tradovate setup anywhere (youtube, twitter)? I’ve been using tradingview and the tradovate DOM to the side but want to try your setup. Just not sure how to set up the tradovate chart: so you keep it naked or add any indicators to it?
@jeremys303
@jeremys303 Жыл бұрын
I disagree. You should go Max contracts with wide stop loss . I passed 15 50k challs in 3 days.. 17 total in 4 days..
@FattyTrades
@FattyTrades Жыл бұрын
You can certainly do so, however it can cause needless emotional impact for many. If it doesn’t impact your nerves to hit it with that much size then you can do it quick. However, the problem is it can lead a lot of people to a lot of resets if their strategy isn’t refined well enough.
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