[00:01] profitable and are unable to withdraw money from funded accounts because they do not have the perfect trading strategy . And in this video I'm going to reveal and explain why this isn't entirely true. To be [00:14] honest, trading strategy plays a big role in getting funds into accounts and being profitable in trading, of course, but this is no more than of course, but this is no more than 50% of what you need to [00:26] to reveal absolutely everything so that you already have the two important pieces: the strategy on one hand and what I'm going to explain on the other, so what I'm going to explain on the other, so that you can summarize it. I'll [00:43] know me. I am Benjamin, better known as Bill de Algo, and I have been dedicating my time to trading for over 7 years . To date, I have withdrawn over 400,000 in payouts using funding accounts. And without going any further, this [00:56] June I have withdrawn more than $20,000 solely from funded accounts. And as transparent and totally honest so that people can see that this trading strategy and what I explain really works. I'm going to leave the [01:11] fully certified payouts here so you can see that it's totally true and that there's no trickery involved, as unfortunately the vast majority of pseudo-mentors do. They tell you to do something, but they're not even [01:25] profitable. The vast majority of people who start trading believe that the who start trading believe that the strategy is 100% guaranteed to be profitable. In other words, they believe that if they don't have the best strategy in the [01:38] world, they will never be able to withdraw money. And this is a fallacy. This is a complete lie. I would venture to say that for a trading strategy, you need a profitable strategy, a mentor who can explain how [01:51] the strategy works, and someone who already has results so you can learn from them logically, because there are many people who explain the strategy, but it 's not really profitable. Therefore, you need someone who can [02:03] really explain it to you, and that person has proven results. In my opinion, the results. In my opinion, the trading strategy is about 50% of what is needed to be profitable in trading. And you might ask yourself, "Hey, [02:15] trading. And you might ask yourself, "Hey, what's the other 50%, Benjamin? What do I need? What's the other 50% to be profitable?" Well, that's what this video is going to be about. I'm going to explain what the other 50% is, [02:28] other 50% is, and in this case it's risk management. and in this case it's risk management. This would be the other 50% for me. Therefore, if you are only focusing on strategy, let me [02:42] practically impossible for it to be profitable. Risk management is the profitable. Risk management is the other 50% you need. In fact, 'm sure you too, operate exclusively with funding accounts. [02:58] exclusively with funding accounts. Therefore, this further increases the need for proper risk management . Because? Basically, because if you don't have proper risk management, you'll most likely blow up [03:11] all your funding accounts. Keep in mind that the vast majority of funding accounts require several conditions, including a daily drawdown, which is usually around 5%. This means you cannot risk or lose [03:27] means you cannot risk or lose more than 5% in a single day. Therefore, we would have the daily drawdown and then the total drawdown. The the total drawdown. The general rule, if you go by the general rule, [03:39] two-phase funding account, the total dragdown is 10%. Therefore, if you don't have proper risk management, you're very likely to mess up one of these two rules, the daily dragdown or the total dragdown [03:54] . Because? Basically, because you don't know how to manage risk efficiently, in an appropriate way. This is fundamental to being profitable in trading and especially to being profitable with funding accounts. [04:10] to being profitable with funding accounts. For me, risk management is even more important in funding accounts than in personal capital. I would say that risk management in personal capital is perhaps 40, 50%. [04:26] But in a funded account, I would say that we go beyond 70% importance. And you might ask yourself, hey, why, if both, uh, both personal capital and funded accounts, do you need to have good risk management. Yes of [04:40] course. What's going on? That in your personal capital you have 100% of the total drawdown, meaning you can practically burn through the entire account, okay? You don't have something predetermined, a rule that tells you, "Hey, you can't risk more than 5% daily and [04:55] 10% total." In this case, for funded accounts, you do this case, for funded accounts, you do have that 5% and that 10% total drawdown, okay? Daily dragdown of 5% and total dragdown of 10%. Therefore, [05:11] risk management carries even more weight here. If you don't know how to manage risk well, you will most likely find it difficult to be profitable when operating [05:23] funded accounts and becoming a funded trader. And I tell you all this from my own experience; that is, I have withdrawn more than $400,000 from funding accounts. Therefore, this comes with experience, with a background, with [05:38] many years of experience and having withdrawn a lot of money from many funding companies. To give you an example, I have even been on the top payout tables of one of the largest funding companies, Alfa [05:51] Capital, on two occasions. I'm going to leave you here the two tables that gave the weekly top payout on two occasions. That Benjamin you see on the leaderboard, well, that's me. Therefore, everything I'm explaining to you has been tried and [06:04] all the years of experience I have and with all the accumulated withdrawals that I have to this day and that continue to grow. Therefore, let me tell you that what I am proposing and what I am explaining is extremely [06:19] important. And now we're going to go into detail about what risk management we're going to use with funding accounts, which is what this video is about, because the vast majority of people today operate with funding accounts. Therefore, [06:32] proper risk management for funding accounts. Above all, we're going to focus on those phase one and phase two funding accounts, since the vast majority of people operate with that type of account, the phase one and phase two, and [06:45] once you get through those two phases, they give you the zoned account. So we're going to phase two, which would be the challenge, and the we can withdraw money. We'll see what risk management we can [06:58] apply to those accounts so that you have a clear understanding and can finally become a profitable trader. Therefore, what we are going to do in this video is explain proper risk management for funding accounts, since the vast [07:12] trade with funding accounts, obviously because the leverage and the funding accounts offer today are incredible. Therefore, as I mentioned before, Therefore, as I mentioned before, [07:25] risk management in funding accounts is practically 70% of the importance, so obviously we're going to explain it separately, and maybe in a different video suitable risk management strategy for operating with personal capital, but in this case, I'm going to [07:39] explain it to you using a funding account. I should also mention that we're going to focus on funding accounts, but in this case, on two-phase accounts. Because? Basically because I believe that two-phase funding accounts, this [07:51] type of account, are the best for withdrawals because they have the best Therefore, what we are going to do is divide it into sections. In this case, we're going to start with phase one, since I believe that phase one, phase two [08:05] , and the funded phase require a completely different type of risk. In this completely different type of risk. In this case, phase one is the most demanding for me . Because? Well, basically because they generally ask us for [08:18] an 8% profit margin, okay? We also have to consider that we have a 5% daily dragdown and we also have to consider that we have a 10% [08:31] total drawdown. With these rules in mind, which require an 8% profit, a maximum daily dragdown of 5%, and a total dragdown of 10%, I believe that we should risk between 1.5% and 2% per trade. Because? [08:48] Basically, because if we're going to a 0.5% risk, with a risk- reward ratio of 1 to 2, we're going to have to make eight consecutive positive trades. And this is practically impossible. The general rule is that you get one right, R1, [09:04] get one right, Rs, get one right, get one right. And if you're going to 0 and med% risk, it's going to take a very long time, and that's not feasible. What we look for in funding accounts is speed. Therefore, I would accept [09:18] this risk of between 1.5 and 2% per trade in phase 1. This will funded account, of course, because we are closer to the goal, which would be to withdraw money from that [09:32] funded account. Therefore, in phase one, I recommend or advise you to go with a slightly higher risk, between 1.5 and 2% per trade. Something else I would tell you is not to take fewer risks when you're in the red. This is very [09:46] common. You get scared, you panic, hey, I'm going to lose count. Imagine a hypothetical case where you are at a 5% drag and you have gone to a 2% risk here, okay? You've won two trades, lost one, [10:00] commissions because you've broken even. In other words, you've been per risk and you're currently at a -5% drawdown, and now you're experiencing that fear, that panic which is totally normal, and it's like, hey, if I'm at a 5% [10:15] drawdown, what I'm going to do now is go to 0.5% risk until I get the account to break even or in positive territory because you've experienced that fear which, again, I tell you, this is totally normal. The problem is that this isn't viable. If you are [10:29] down 5% and start to lower the risk, this will cause you to have to enter many positive trades. For example, from 3.5, if you go to a risk- reward ratio of 1 to 2, if each trade that [10:42] comes out positive gives you 1%, you will have to make five positive trades, a streak of five profitable trades. This is practically unfeasible and it will take you a very long time because you won't be able to do this again. You're going to have a [10:56] good day, a bad day, a bad day, a good day, a good day, a bad day, a here? Basically, it's going to take you a very long time to get that break-even Ben again. Keep in mind that if you are at a 5% [11:11] dragdown, you have to add +5% to bring the account to break even, and then once you are at break even you have to add + 8%. Therefore, you already have to make the account from a 5% drawdown [11:24] to an 8% profit to complete phase one, we are talking about making the account a 13% profit. This is absolutely crazy going, as I told you, to 0.5%. This is not feasible. Reaching 13% [11:38] to recover that 5% drawdown you had and achieve that 8% profit is practically unfeasible. Therefore, I absolutely do not recommend this. What I do [11:50] recommend, as I mentioned, is that you aim for a risk- mentioned, is that you aim for a risk- reward ratio between 1.5% and 2%. Because? Because, as I just told you, phase one is where they demand the most from us [12:02] . Therefore, you need to take a few more risks and not stay there permanently, stuck for a month, two months, three months. That's not feasible. In fact, I would say that in phase one you can't stay for more than a month, a month maximum. If it takes you [12:18] more than a month, this is a waste of time. I'd rather fail the test, okay? I would even reduce this to 2 weeks. I don't spend more than 2 weeks me this is an absolute waste of time . Keep in mind that [12:32] today a 10K account costs you approximately $60. You're not losing $10,000, you're losing $60, which these days in Spain is the price of a dinner at any average-to-low-end restaurant, okay? $60 or a night out [12:46] that's what a 10k funding account costs you today at any taking you more than a month in phase one is a serious mistake in my opinion. Therefore, what you have to do is risk between 1.5 and 2% risk per trade. If I [13:02] suspend it, mate, this is what it is . This is trading, and here we use money to make more money, so that's just how it is , okay? Don't get too attached or hold onto any account, especially not in phase one, [13:14] because it's just the beginning. This is the beginning. You have to go through phase one, phase two, 's too much for you to spend a month or more in that phase one. I absolutely do not recommend it. Having already passed phase one, we have [13:29] passed phase one, excuse me for being here painting with the tablet and difficult this is. I also have to say that my handwriting isn't the prettiest in the world, but hey, it's complicated, okay? While I'm talking, drawing on the tablet, with the [13:41] Considering that we are going for the phase two fund account. We have already passed take care of phase two. OK? What is it that you are asking us to do here? So What is it that you are asking us to do here? So basically one goal, a 5% profit, [13:55] okay? A daily drawdown of 5% as previously stated, generally the vast majority of companies, and a total drawdown of 10% or 8% 10%. Therefore, in this case we have already [14:10] gone down from the 8% they asked us for in phase one to the 5% they ask us for as a goal, of profit in phase two. This, of course, goes down quite a bit, okay? Going from an 8 to a 5 is quite a lot. And not only that, but we only have to [14:22] pass this second phase to be fully funded. OK? We have very, very little time left second phase, the account will be funded and from then on we'll have money, okay? [14:34] Therefore, we must take care of this second phase; we would have already what I would personally tell you is to go from 1% to 1.5% [14:46] risk, okay? The 2% risk would no longer apply here. Because? Because they're only asking us for 5% now. It would go from 1% to 1.5% and I would try to take a little more care in that second phase. I wouldn't risk so much , I wouldn't overtrade so much, no, I would [15:00] can afford phase one because it's ask us for the most. OK? Therefore, we can now treat phase two with more care, going to a slightly more measured risk, from 1% to 1.5%, as I [15:14] mentioned to you. This is very, very important, what I'm telling you. From 1% to 1.5% in phase two. And here I donate, I would say that it wouldn't take me more than a month. More than a month is an absolute waste of time. Don't take more than [15:30] a month to get through phase two. And again, if you're in a drawdown, imagine you 've had the account experience a 4% drawdown, the risk wouldn't decrease. Do not lower the [15:42] risk. Do not lower the risk under any circumstances. Because? Because we're going to the same place. If you lower the drawdown to 4% and you have to reach 5%, you go from having to make a 5% goal to recovering the CU plus the 5, which makes a [15:59] nine. What does this mean? What would happen is that they would ask you for more than phase one, going from 5% to asking you for 9% more than the 8% they asked you for in phase one. Therefore, if you get nervous, you're in a 4% drag and you start lowering the risk, let me [16:11] tell you that this is not good. You need to always go for the same risk, 1% and 1.5%. That varem, that range is the one I personally recommend to you to get through that second phase. This is also fundamental and very, very important. And [16:28] wants, which is that funded account. That funded account. You've already passed phase one, you've already passed phase two, so you've already been given the credentials, you've already been given the account for that funded phase, and here we wouldn't have a goal, [16:44] okay? Zero profit, that is, here it doesn't ask us for any kind of goal, like zero, you don't need to do anything. We would have a daily dragdown of 5% and a total dragdown of the normal [16:57] 10%, as I have already mentioned. Therefore, we already have an advantage here. Because? Because they don't ask us for a profit. This withdraw. What do I recommend? Don't go for a [17:10] crazy profit. Don't withdraw 10% to recover everything, to pay off the car loan, don't do anything crazy. I absolutely do not recommend it. What do I require any profit here, I recommend making between 1% and 2% [17:27] profit. Because? Basically because this is free money. They're giving you between 1 and 2% of that account. Imagine a 10K account, they're Imagine a 10K account, they're giving you $200 to withdraw. There's no need to [17:40] keep trading, to keep taking risks to take those $200 to $1000. And you'll say, "Hey, but $1000 is more than $200." Yes, you know what's going to happen to you, mate, many students. Basically, what's going to happen is that you'll want to take those [17:54] trades, you'll lose one, you'll take that account down to $100, you'll want to lose again, you'll get frustrated, and you'll take the account down to minus $300. Your [18:06] brain will be completely fried, and in the end, you'll blow up this account Because I know, because it has happened to me and because it has happened to many, many students. Therefore, I would advise you not to exceed 1% or 2% [18:20] withdrawal on that account. What you can do is withdraw that 1-2% and once you get the account back to trade, make another 1-2% [18:32] make another 1-2% profit. You'd already have 200 and you'd have 400. Okay? Therefore, if you do this little by little, each give it to you again, you have withdrawn, they give it to you again, another $200, that would already be 600 and little [18:49] What am I going to do with all that money? Imagine you've withdrawn three times because you went for a tiny risk, 1-2%, and you withdraw, imagine you 've withdrawn three times, $600. What I would do with this is spend 50% [19:03] on yourself, go out for lunch, go out for dinner, make that money work for you so trading is real, that you're really good, and hey, congratulate yourself on the good work you've done. And reinvest the other 50% in accounts, for [19:17] reinvest the other 50% in accounts, for example, one of $10, another of $10, and another of $10. And now you have three new $ 10K challenges and this $10K account you still have available to gradually build up, $200, $100, [19:31] $200, and keep doing the exact same process. This is the only way to be profitable, okay? I'm telling you this from 've already withdrawn, and as I always show. Something I haven't told you is how [19:45] question you're probably asking yourself. Hey Benjamin, what risk does the funded account put you at? Don't worry, I'll explain it to you. As always, what I would do here is basically operate with very little risk. And you might ask, [19:58] why? Basically, because once the account is funded, you don't need to risk much. On the contrary, all you need to do is take reasonable risks. So that? To avoid overloading the account. Your priority here is to take care. [20:12] goose that lays the golden eggs. You give it 2%, you give it one, withdraw, withdraw, , withdraw, withdraw, withdraw and you keep putting money in your wallet. Therefore, what I would do here is go around 0.5% and 1% risk. This [20:28] risk more than this. And a goal, a profit, since they no longer set goals for us, we have already therefore in a funded account, in a fund, but I would say a profit of between 1% and 2% and withdraw and do this cycle of [20:43] 1% and 2% 3 to 5 times until the account holds up and you can take care of it so that it pays for certain luxuries at your personal level and also reinvest again in accounts. Here's the video. I hope you make [20:56] risk management is fundamental, and if you want to know more about my strategy, or if you want how I withdrew all that money I've already mentioned, you can find my description below. It's completely free and there you have educational content where I [21:10] give you advice, tips, analyze trades, analyze the day, send some looking for, what I'm not looking for, what I would do, what I wouldn't do , how to do X, how to do it and all based on my experience. It's a [21:22] , so if you're in your neighborhood's WhatsApp community, Benjamin Carmona's WhatsApp community, where I'll teach you I do and how you should do it to replicate my results? Below you have the [21:37] join, it's totally free, as I've said, and you'll receive all of that daily. You also have a free class where I'll explain my strategy step by step, and you can also follow me on Instagram @bilesdialgo, where [21:50] I share educational content and experience on a daily basis. I hope you liked the video. Please disregard my handwriting; I draw badly, write badly, and I'm using a tablet stylus. [22:02] most important thing, and that you learned something, which is also the most important thing.