Prop Trading: Access Big Capital Cheaply
45sDirectly addresses a common pain point for traders (lack of capital) with a promising solution, sparking curiosity and engagement.
▶ Play ClipThis video provides an honest review of proprietary trading firms, explaining how they allow traders to access larger capital with a smaller investment. The creator shares her personal experience with The Trading Pit, detailing the pros and cons, rules, and challenges involved.
Proprietary trading firms allow traders to operate with much larger capital by paying a symbolic fee to complete a challenge, which tests technical knowledge, risk management, and discipline.
Traders pay a fee to take a challenge with rules and a profit target. If they pass, they get access to capital (e.g., $5,000 to $200,000) and keep a majority of profits (e.g., 80%).
The creator chose The Trading Pit due to its reputation, clear rules, support for MT4/MT5/cTrader, responsive support, and evaluation model compatible with other firms.
The creator failed the challenge twice: first due to exceeding the daily drawdown limit, and second due to a margin level rule she hadn't read. Emphasizes the importance of reading all rules.
Pros include access to larger capital with smaller investment, forced discipline, accelerated trader maturity, and good cost-benefit ratio.
Cons include challenging rules (daily and maximum drawdowns), losing the challenge fee if rules are broken, and unsuitability for beginners.
The creator advises that proprietary trading is not for beginners; it's best for intermediate or experienced traders who have technical skills but lack capital.
The Trading Pit offers one-phase and two-phase challenges. Key rules include profit target (10% for one-phase), daily drawdown (3%), maximum drawdown (6%), minimum 3 positive days, and 80% profit share.
Traders must have at least 3 positive days (0.5% profit of current balance) to pass the challenge, encouraging gradual, sustainable trading.
Two-phase challenges have two stages: phase one profit target 10%, phase two 5%. Daily drawdown is 5% (vs 3% in one-phase), maximum drawdown 10% (vs 6%), offering more flexibility.
Maximum margin level per trading idea is 40% of initial account balance. Exceeding this can lead to warnings or account ban, especially for accounts over $50,000.
Risk per trading idea is limited to 1.5% of initial account balance. For a $10,000 account, maximum stop loss is $150. Correlated assets count as one idea.
Proprietary trading firms offer a smart way for skilled traders to access larger capital, but they require strict discipline and rule adherence. The creator recommends them for intermediate/experienced traders, not beginners.
"Title delivers exactly what it promises: an honest, detailed opinion on proprietary trading firms."
What is a proprietary trading firm?
A company that allows traders to operate with larger capital by paying a fee to complete a challenge that tests their skills and discipline.
01:25
What are the three platform options offered by The Trading Pit?
MT4, MT5, and cTrader.
04:34
What is the profit target for a one-phase challenge on a $10,000 account?
10% of the contracted balance, which is $1,000.
16:50
What is the daily drawdown limit for a one-phase challenge on accounts up to $50,000?
3% of the current account balance.
17:22
What is the maximum drawdown limit for a one-phase challenge on accounts up to $50,000?
6% of the current account balance.
19:27
How many positive days are required to pass a challenge?
At least 3 positive days, where a positive day means a profit of at least 0.5% of the current account balance.
20:12
What is the profit share for the trader after passing the challenge?
80% of the profits go to the trader, 20% to the trading desk.
21:52
What is the main difference in maximum drawdown for accounts of $100,000 and $200,000 in the one-phase challenge?
The maximum drawdown is based on trailing balance (end-of-day balance) instead of current balance.
22:20
What is the daily drawdown limit for a two-phase challenge on accounts up to $20,000?
5% of the current account balance.
24:42
What is the maximum drawdown limit for a two-phase challenge on accounts up to $20,000?
10% of the current account balance.
25:26
What is the maximum margin level per trading idea?
40% of the initial account balance.
28:34
What is the risk limit per trading idea?
1.5% of the initial account balance.
31:28
What happens if you exceed the 40% margin level on an account over $50,000?
You are automatically banned from the challenge.
30:57
Failed First Attempt Due to Risk Management
Illustrates common pitfalls and the importance of understanding drawdown rules.
05:15Lesson: Read All Rules
Emphasizes that failing to read rules can lead to unnecessary failures.
06:09Discipline as a Key Benefit
Highlights how proprietary trading forces discipline, which is crucial for any trader.
07:17Not Suitable for Beginners
Provides clear guidance on target audience, preventing beginners from wasting money.
11:06Margin Level Rule Explained
Clarifies a complex rule that caused the creator's second failure.
28:34[00:03] technical knowledge, but lack the capital to accelerate your results, this could be the perfect solution for you. There is a way to perfect solution for you. There is a way to access much larger accounts and
[00:16] maximize your profits without having to spend a lot of money out of your own pocket . I'm talking about proprietary tables, and that's what we're going to talk about today. But first of all, of course, if you're not already subscribed to the
[00:28] channel, please subscribe and leave a like; it's very important to me. Turn on notifications so you don't miss any news, especially since a new video is released every Wednesday . And anyone who wants to can also follow me on Instagram @euanatavares and
[00:42] keep up with my work there. Well, I've been meaning to make this video for a while now . Those who follow me on Instagram know that 2026 was the year I started testing proprietary mixing consoles. I had never operated
[00:55] from a table before in my life. This was my first time, and I was experiencing it firsthand. In this video, I want to share with you what this experience was like, the pros and cons, and especially my honest opinion
[01:10] about this business model, so that if it makes sense to you, you can draw your own conclusions, okay? So to start, what is a proprietary table, Ana? Basically, a proprietary trading firm is a company that allows you to operate with
[01:25] much more capital than you would otherwise have. In other words, you pay a symbolic amount to complete a challenge. This challenge is like a practical assessment, where you need to show that you know how to operate, that you have
[01:39] technical knowledge, that you have risk management skills, and, above all, that you are disciplined. Why? You will have to comply with a series of rules, and if you comply with these rules and reach the profit target set by the trading desk, you are
[01:53] approved and given the right to trade that capital. The capital can vary between 5 and 200,000, choose to undertake. And then, from that point on, from the moment
[02:07] you are approved, a portion of the profits you trade, the majority goes to you and a small portion goes to the trading desk. So it's as if a company is funding since you have to comply with a series of rules to be approved in the
[02:22] challenge and especially to have the right to operate that capital, if you show that you have technical skills, disciplined management, and automatically have the right to operate that capital. And it was precisely after learning about the
[02:36] business model, which I found very intelligent and perhaps a perfect solution for most traders who want to operate in larger markets, such as the international market, for example, Forex and CFDs, that people who have
[02:49] technical knowledge are sometimes limited by the issue of capital. So I thought, this solves the pain point for most traders, right? Those who charts, but really struggle with not having the money to
[03:03] progress and truly maximize their profits. So I said, "Man, I need to get to know this world better, I need to experience it firsthand, especially since everything I bring to the channel is based on my own
[03:15] daily life as a trader. And then, if it made sense, I would share it with you guys." So what did I do? I did some research, I looked at several trading platforms, I talked to several colleagues, and out of all the ones I saw and
[03:28] had access to, I chose Det Trading Pit, which is the platform I'm using today. So, why did I choose this particular table? For several reasons. First, it's among the best and biggest tables on the market.
[03:41] Yes, in the international market we have a diverse range of tables available, but understand, there are many good tables and many bad tables out there. And that's careful when you're choosing your table. Secondly, as I mentioned before,
[03:56] she was highly recommended by other colleagues who are also traders, some of whom have been trading monthly for much longer than I have. So that made quite a difference for me, right? to have a good recommendation from other colleagues.
[04:08] Third, because it has very clear operating rules. So, example, where you go in and you're unsure what you can and can't eat . The Det trading PIT does not. You go to their website, all the rules are there,
[04:21] So that you don't have any difficulty when it comes time to execute it. Another reason is the issue of platforms. So today, at least, I don't know of any trading desks that you can use through TradingView, but there are others
[04:34] that are somewhat dubious platforms. No, the Trading Pit doesn't work that way; you only trade through MT5, MT4, and C Trader, which are globally recognized, solid, and reliable platforms. Another reason is also the issue of support.
[04:48] So, support makes all the difference. Often, we're caught up in the daily rush of the market, and when you have a question, having . I really liked the support from Detrading Pit. And the last point is
[05:02] their evaluation model, which is quite compatible with other large firms in the market. Now, let me tell you a little about my real-life experience. As I mentioned at the beginning, this was the first time I
[05:15] traded through a proprietary trading firm. Throughout my entire journey, I have always operated using my own capital. And believe me, I didn't pass on the first try. I failed the first two times. The first rejection was due to risk management. I
[05:28] completely miscalculated the management aspect, ended up entering much higher values, and exceeded the daily drum-down limit, so I failed. And the second failure was due to a mistake on my part regarding a margin level rule
[05:42] that I hadn't read. And why is it important to also talk I'm experiencing will always teach me something in some way. And one of the things I learned most from having this experience with the trading desk is that if you
[05:55] really want to stay alive in the challenge, if you want to stay alive operating through the desk, you have to have a lot of, first of all, risk management skills; technical knowledge is the basics, but above all, a lot of attention to all the rules. The
[06:09] when it clicked for me. I thought, "Damn, I messed up here because of something opened the website and read the darn rules, I wouldn't have failed." So here's the main lesson. It's not enough to just know how to operate something;
[06:26] technical knowledge, management skills, and discipline are also important. It's also important that you pay attention to all the rules so you don't lose the challenge because of a silly mistake. Now let's talk about the pros and cons of trading through a trading desk.
[06:39] Well, starting with the positive points, the first, obviously, is that you have the opportunity to operate with a larger capital with a smaller investment. This
[06:51] greatly accelerates the trader's journey, because we know that the international market, in particular, is a more expensive market; it's like a gateway, you know, for you to really be able to put your knowledge into practice
[07:03] . and profit much more from it. That's a really big advantage. The second advantage is the issue of discipline. Think about it, if you're in a totally controlled environment, with lots of rules, and you need to follow
[07:17] those rules to make a profit and stay alive there, you're stay alive there, you're forced to become more disciplined every day . So, for me, the second biggest advantage, without a doubt, is
[07:29] this development of discipline, which is the discipline that any trader results, even if you're trading on your own account. So we know, right? It's not enough to know how to operate the system; it's not enough to have good technique. If you don't have the
[07:42] discipline to strictly follow what you know, it's all for nothing. So, with your own capital, the discipline here, which is something you'll be forced to have in this controlled environment, is something that, for me, is a huge advantage
[07:55] because you really learn to adapt to this environment full of rules. The fourth benefit is also closely linked to discipline, as it accelerates your maturity as a trader. So you think about it, right? Before, I used to
[08:08] do whatever I wanted, but at the same time, if I did whatever I wanted, I would n't be profitable because, ultimately, I would end up going broke anyway . Not here. Since I am required to be disciplined, I automatically
[08:21] develop the necessary skills to grow and mature as a trader, becoming the professional I want to be in order to truly achieve significant results trading in this market. And lastly, the final
[08:35] advantage for me is the cost- benefit ratio. So, for example, today you can access a much larger amount of capital for a much smaller amount, by paying for the challenge, if you are So, imagine if I were to put $0.000 of my own money into this, how much
[08:50] worth, and how many people, speaking of the average Brazilian, would have that kind of money to invest in the market, especially in the stock market? On the other hand, I can simply invest the challenge amount and automatically be
[09:03] entitled, if I am approved and meet the criteria, to operate with that same capital. How can I maximize my profits, right? So that's also a big advantage. Of the negative points. Firstly, I can't help but talk about
[09:16] this, but it's very true, the rules for operating any proprietary trading desk are challenging. So, think about it, I 'll have to follow a daily drawing the whole time. What is drawd, okay? For those who don't
[09:29] know, the drawdown is the maximum loss limit . So I have a daily drown down, which is the maximum I can lose in a day, and a maximum drown down, which is the maximum I can lose in that challenge, in that account. So
[09:43] dealing with that, margin levels, and so on, these are all rules that those who don't have much emotional intelligence. So, if you're careless, miscalculate, and don't strictly follow these rules, it can be really, really
[09:58] beginners. The second negative point, in my opinion, is that when you fail to follow these rules, you lose the value of the challenge. So, think about it, okay? I went there, invested some money to have access to that challenge. If
[10:14] I will automatically fail and lose access to that challenge. So I lose the money I invested in buying the challenge . But at the same time, if you think about it from another point of view, you're
[10:26] losing a small amount of value, which is the symbolic value you placed on the challenge. If you were managing that capital in your own account and were to go bankrupt, much larger amount. So, it ends up being both a negative and a positive point. At the same
[10:40] , to operate on your regular account, you're also required to be disciplined and you're required to follow rules that are challenging, right? So that's it, right? You can look at it from both perspectives, but yes, it can also be a
[10:54] negative aspect, especially for those who have difficulty with it. And the third biggest downside for me, which isn't really that bad , is that the proprietary table, guys, I need to be very honest with you, it does
[11:06] n't work for beginners. So, think about it, think about it with me. This person has just entered the market; they lack technical knowledge, management skills, and emotional intelligence. How can
[11:21] they, within a controlled environment, possibly follow all the rules maintain consistency, and avoid losing their investment? So, my opinion on proprietary trading desks is that it's an incredible business model, a
[11:35] super smart business model, but it's not designed for those who don't know how to operate them. So, who would I recommend this to? For intermediate traders, for experienced traders, for people who already have knowledge, but what are they missing?
[11:48] The financial incentive, you understand? I think it fits perfectly into this category , but for beginners I think it might not be recommended, because I believe you could end up losing the value of the
[12:00] challenge by not yet being used to this environment full of rules. Ah, Ana, but don't you see it from the perspective that, being a beginner, is already interesting because it forces him to adapt, to learn the
[12:15] Okay, you can see it from that point of view. But I, Ana, personally would n't recommend it for someone starting from scratch. Study, train, improve, and after a while, with a certain level of market maturity, when you already know
[12:30] what you're doing, when you have technical skills, management abilities, and you just need the money, then yes, you can invest when it makes sense for you at that point. So, that's my honest opinion about proprietary tables.
[12:43] with everything on the market, in all modalities. There are pros and cons, some people like it, some people don't, some people adapt, some people don't . But what I see today, which is
[12:55] one of the main reasons for people's frustration, often even with has no knowledge whatsoever, they don't keep investing there, taking on one challenge after another. She keeps
[13:07] receiving a series of rejections and thinks the product is bad. But it's not that the yet developed the necessary skills to excel at it. So, again , I don't think it's for beginners, but I believe that for someone who has
[13:20] knowledge, has management skills, and already has a well-honed emotional intelligence, this could be a perfect solution to really accelerate my computer screen and I'll open the Detro Pit website for you.
[13:34] I'll show you the main challenges, the rules, and so on, so we can talk about it better. And at the end I'll add one more point about my opinion, okay? This is the Detrading Pit website. To access it from
[13:47] your browser, simply type detradingpit.com/pt to open the Portuguese version. Once that's done, click this Portuguese version. Once that's done, click this green button, start now.
[14:05] and that's it, it will open up both challenge options for you, both the both challenge options for you, both the one-stage challenge and the two-stage challenge. Note that here it already shows you the available balances for hiring, which
[14:20] available balances for hiring, which range from 5 to 200,000 in the one- range from 5 to 200,000 in the one- phase challenge and from 5 to 100,000 in the two-phase challenges . 000. Here, when you click on the balance, you can already see
[14:34] the value of that challenge in the bottom right corner . So, for example, a . So, for example, a $5,000 level costs 49 per challenge. $10,000 $5,000 level costs 49 per challenge. $10,000 costs 99, 20,199,349,
[14:52] 100,000, 569, 200,000, 11,139. So, right off the bat, we can see the biggest advantage of trading through a proprietary trading firm, which is primarily aquation.
[15:08] So, I pay a symbolic amount, a much smaller amount, to have the right to access a much larger amount of capital. And that's why this business model ends up this business model ends up being so attractive, okay? In this
[15:22] blue column on the right, if you click on the balances, you'll see the rules for each one , okay? Basically, in the one- , okay? Basically, in the one- phase challenge, all the rules for accounts from $
[15:36] 5,000 to $50,000 are essentially the same. It changes a little bit in the $100,000 and $ 200,000 accounts, I'll talk about that in a moment, but quickly going over
[15:50] the rules of the one-stage challenge, let's take the example of the $10,000 account. So here in the blue column, we're going to go through each rule, okay? So here, 99 is the value of the challenge. On the platform you can choose whether you want MT4, MT5 or to be a
[16:07] trader. I, Ana, personally don't know of any trading platform where you can, for example, operate through TradingView. At all the tables I've been to, you only have these three platform options. And that's why I prefer MT5 here. I
[16:22] even have a video on this channel where I teach you how to download and configure MT5 with all the settings. I'll save it somewhere on this screen so you can see it, in case you don't know how to use TradingView yet, but it's
[16:36] not TradingView, it's MT5, but it's pretty straightforward, okay? A super secure and reliable platform. So, going down here on the platform, you can choose [snoring] the Prime program, like a phase, the balance you're going to contract, the
[16:50] profit target. What is a profit target? This is the amount I need to achieve to pass the challenge. Therefore, for all accounts within a phase, the profit target is 10% of the contracted balance. So, if I signed up for the $
[17:07] 10,000 challenge, I need to make $1,000 in profit, which is 10% of that amount, in order to profit, which is 10% of that amount, in order to be approved. OK? Sure, as long as I'm within all the rules. Daily Drown Down. What does "d" mean,
[17:22] guys? Drown down is the maximum loss limit . So, how much can I lose that day without breaking the challenge rule? Well, here I have 3% on top of the
[17:35] contracted balance, on top of the balance sheet. So, what is this? 10,000, 3% of 10,000 is 300, but since it's based on the balance, that $300 will always be
[17:48] based on your current account balance. So, for example, imagine that today you signed up for the challenge and you have a balance of $10,000. 3% of 10,000 is $300.
[18:00] So, the maximum I can lose in a day is 300. Now, imagine that on that day day is 300. Now, imagine that on that day I made $1 in profit. Perfect. Okay. Tomorrow, when I go to trade, those 300 daily losses I can
[18:17] afford will no longer be based on the initial 10,000; they will be based on the 10,100, which is the profit I made the previous day. So, the maximum I can withdraw from my account the next day is 9800, which would be 10,100
[18:34] minus 300, leaving 9800. Therefore, I will always consider my current account balance to reach those figures, okay? It's good, it's important that you
[18:47] understand this well so that you know how to manage yourselves on a daily basis. So I always deduct those 300, using the example of a 10,000 bill, according to my current account balance. If I go into an
[19:01] my current account balance. If I go into an account with 50,000, for example, it's 3% of 50,000, which is 1,000, the contracted balance. And as the account balance increases, I 'll always consider that fixed amount on top of the balance that's going
[19:15] up or down, right? So that's basically how it works. Drau d máximo. Drau gives the maximum; that's his maximum total loss limit on that account.
[19:27] So in addition to the daily count, you also have a maximum loss limit. Example of a bill of 10,000. If I invested 10,000, then 1,000. My maximum loss limit, 6% of 10,000, equals 600. If I start trading today, I can
[19:43] lose up to 9,400, right? Imagine that today I made a profit of 10,100. So, tomorrow I'm going to deduct those 600 from those 10,100 and not from the
[19:57] those 600 from those 10,100 and not from the initial 10,000 anymore, right? And so on, this applies to all accounts from $5 up to $50,000. OK? Here we have a from $5 up to $50,000. OK? Here we have a minimum of three positive days. What does
[20:12] this mean, Ana? In order for me to pass a challenge, I need to be profitable for at least three days within that period. They don't have to be
[20:24] alternate days. So, imagine, I can lose today, lose tomorrow, and the next day I come out positive, and the total account needs to be for three days. What is considered a positive day? A positive day is considered to be when you score at least
[20:40] 0.5, okay? From the contracted balance. So let's okay? From the contracted balance. So let's imagine that I hired $000. For me to consider a day positive, I need to accomplish 0.5 out of those 10,000. And it's
[20:53] also important for you to know that this will progress as your account balance increases or decreases. So imagine that tomorrow I arrive at my trading office, and I have a balance of 10,100 because I'm profitable. That 0.5 will be counted
[21:09] profitable. That 0.5 will be counted towards the 10, 100. Okay? So, and here's where a lot of people ask, right, why is there this rule? It's interesting to say why some people, sometimes by luck or because they want to leverage their growth in a short
[21:21] period of time, want to hit the 10% target in a single day. So, that's why we have this rule here for you to follow in your management: focus on doing things gradually and not frantically, so that it's sustainable and you
[21:37] don't end up frustrated in the middle of the process. So it's really just a safety rule to protect you and force you to operate properly, without going crazy, right? properly, without going crazy, right? 80% profit sharing, meaning I passed the
[21:52] challenge, I followed all the rules, I'm in. From then on, in. From then on, 80% of all the profit you make goes into your pocket and 80% of all the profit you make goes into your pocket and 20% goes back to the table, okay? So, everything
[22:05] I just read to you applies to accounts with 5, 10, 20, and 50,000. We have a slight difference in the accounts for 100 and 200,000, where the rules are exactly
[22:20] 200,000, where the rules are exactly the same. The only thing that changes here is the maximum round-down. For accounts of 100 and 200,000, the maximum drawdown is based on the trailing balance, so it's based on the
[22:33] end-of-day balance. Let's take the example of an account with 100,000. 100,000 dr maximum based on the trailing rate is 6%, which equals 6,000. So if I were to trade today, and
[22:46] I opened the account today, the maximum I could withdraw is 94,000, which would be 100 minus the 6,000. Imagine that today I trade and reach a
[22:58] Imagine that today I trade and reach a profit of 102,000. Tomorrow, when I go to operate, those 6,000 should be considered on top of those 102,000. So, if before I couldn't go down to 94, now I can't go down to 96,
[23:13] 94, now I can't go down to 96, which is 102 - 6,000. The same rule also applies to the account of 200,000. Now, let's talk a little about the two- phase challenges. So here we have balances ranging from five to 20,000, which are subject to the same
[23:29] rules that I'm going to read to you now. Then it changes a little in the calculation of 50 and 100,000. Let's set another example . For the 10,000 account, the cost of hiring is the same, whether for one or two phases, which total 99.
[23:44] The platforms are also the same. Now it's changed that we have two stages to be approved. So I need to complete two phases of challenges, profits, and
[23:57] rules in order to access the capital. And here are some pros and cons, which I'll explain to you in a moment, okay? So here we have the balance, which is 10,000, the profit target in phase one, which is the same 10% as in the first
[24:14] phase challenge. So, 1,000 towards the 10,000 account. 1000 profit target in phase two. So, in the second stage, in my second phase of the challenge, the profit target here is lower. So, in the first phase I need to reach a profit of 1,000. In the second phase, I
[24:28] reach a profit of 1,000. In the second phase, I need to reach a profit of 500, which is 5% need to reach a profit of 500, which is 5% of 10,000. The daily drowning, that's where the pro comes in. What is the pro? That's the positive side. The daily drowning,
[24:42] it's bigger, you see? So, I have more flexibility, more comfort to operate, because I can afford to lose a little more, take a little more risk. This gives me more possibilities within the two-
[24:57] phase challenge. While in the single-phase system my daily draw is 3%, in the two-phase system daily draw is 3%, in the two-phase system my daily draw is 5%, or my daily draw is 5%, or $500. And another positive point here
[25:11] too [snoring] is the issue of maximum drumming. While in a single phase we have a maximum deficit of 6%, then the maximum I can lose is 6%. In the two- I can lose is 6%. In the two- phase system, we have a maximum drainage
[25:26] of 10%. Much more flexibility for you to operate [while doing your business] and achieve your goal, achieve your profit. Ana, which one is better? One-phase or two-phase challenge. This is very personal, it's
[25:41] very relative, because it depends a lot on each person's profile. Some people prefer to be more conservative, taking things slowly and focusing more on the long term. Perhaps they will prefer a two-phase challenge where they have more
[25:55] opportunities. There are people who don't like to push things a little further, they like to resolve things quickly, perhaps they will prefer a one-phase approach. So it really depends on your profile as a trader, there's no set rule for this
[26:08] , okay? DR and minimum number of positive days, same thing. 3 positive days, 0.5 of the current account balance is used to consider a day positive. Profit sharing is also 80%, the same as
[26:24] in phase one. So, pros and cons, right? You'll pass a level faster You only have one step left to be approved. But the drund, both daily and maximum, are smaller, so you can lose less. Two phases is a
[26:40] bigger challenge because there are two stages, right? That's the downside, but at the same time I have more flexibility regarding losses, so that makes me more comfortable, okay? So basically, folks, in summary, these are the rules for the
[26:55] two-phase challenge, from accounts 5 to 20,000. What changes, okay, in the 50 account and in the 100,000 account, is the maximum round-down ratio. Here
[27:08] the maximum round-down ratio. Here in the 50 account we have 8%, while in the 100 account it's not 10%, it's 8%. And the daily drowning down is not 5%, it's 4% for both the $50 account and the $000 account.
[27:24] Beauty? So those are the two small differences between those $ 50 and $000 accounts. I went through all the rules of the one- and two- phase challenge. Those were the main rules, OK? After that, you have a little homework assignment
[27:40] . You're going to go up here, to the top right corner, to the top right corner, to the help center, and read all the other rules in detail, because these ones I just mentioned are the main ones, but obviously
[27:53] there are other rules that are important for you to be aware of, so that you avoid failing for silly reasons, okay? I'm going to go through two now, which are the two main ones that weren't in the part I talked about
[28:07] earlier, one of which is the issue of the margin level, which was the reason I failed the second time, and I really want you to understand them to avoid any kind of problem, okay? Okay, so you're going to
[28:20] trading rules again here, and then it will open everything for you, see? Click on the CFDs section and it will open all the rules for you. Now we're going to this part, which for me is one of the most interesting.
[28:34] What is the margin used for negotiation purposes? The maximum margin level allowed in your trades is up to 40% of your initial account balance, OK?
[28:47] So that's the maximum loss I can have there. What is the concept of negotiation? This means, for example, that when we have assets that have a positive correlation, such as the euro/USD and GBP/USD, we know that they
[29:01] basically have the same movement. So, if I open a buy order on GBP USD and open a buy order on euros USOSD, that means I have the same trading idea there . So, adding those two together, I absolutely cannot exceed
[29:18] the 40% limit. Now imagine you're going to open a buy position in Euro USD and a sell position in GBP USD. That doesn't characterize the same idea of negotiation. Okay, so everything's
[29:30] fine, right? Why? That 40% margin is based on the negotiation concept, so it's as if it were per asset. So I can open up to 40% in the Euro/USD if it's a buy, and up to 40% if it's a sell in the GBP/USD, or in a commodity or, for example, an
[29:47] index, as long as it's not the same trading idea. Because if it's assets that have a positive correlation, and you do the same operation, then buying in two
[29:59] assets, three assets, which is the positive correlation, it's considered the same trading idea. What's my tip here? Okay, golden tip. If the limit is a maximum margin loss of 40%, man, don't exceed 30%, don't exceed 25%,
[30:18] that way you'll always be within the safety limit, okay? And here's what happens if you exceed the 40% margin level,
[30:30] exceed the 40% margin level, okay? Let's go. For accounts with a balance of up to 50,000 , then below 50,000, 1000. If you exceed the margin level, you will receive an email from Detrad Pit warning you that you have exceeded this
[30:43] limit so you can be careful, because the next time you exceed it and they verify, you may be banned and lose your challenge, okay? For accounts up to 50,000, this isn't automatic; it 's manual. So, after you receive
[30:57] the email, it's considered that you are aware of the situation, and from the second violation onwards, your account may be banned, okay? For accounts with over 50,000 followers, you are automatically banned. So, for a 40% violation, I'll receive the email, and the
[31:13] second violation is automatic, okay? I no longer have a chance with accounts above 50,000, okay? The other rule I wanted to talk to you about here is the rule of risk limit per trading idea. Let
[31:28] me open it up here, go back here so you can see, look. Risk due to the idea of negotiation. The risk per trading idea is up to 1.5%
[31:40] per trading idea is up to 1.5% of your initial account balance, okay? 1.5% of my initial account balance. So, for example, for someone with an account of 10,000, 1.5% is 150. This means that their stop loss
[31:55] can be a maximum of $150. It went beyond that, it was stopped, you lost that account. So let's go. What is the idea of negotiation? Same thing I explained in the section about margin levels. So, if I have
[32:09] assets that have a positive correlation, like the euro/USD, GBP/USD, for example, the sum of these two, if I'm buying both assets, cannot exceed
[32:21] 1.5%. So, for example, I could enter 0.75 in one, and 0.75 in another. If I want to enter with correlated assets within the same trading strategy, okay? One piece of advice:
[32:33] within the same trading strategy, okay? One piece of advice: don't live on the edge. So, if the maximum is 1.5%, consider entering with 0.5% trade using the same trading strategy. So basically, those
[32:48] are the last two most important rules, in addition to the others I just mentioned. So, that was today's video. This is the proprietary table I'm using, and it's the one I recommend to you. And for anyone interested in hiring me, I
[33:02] 'll leave a link below in the description of this video. And I want to emphasize that you should pay attention to all the rules, read everything carefully, and be responsible before hiring, okay? If you have any questions, you can leave them
[33:18] in the comments here and I'll answer them all, or you can also send them via direct message. And that's it. If you enjoyed this video, if you liked this option, please leave a comment below. And I'll see you in the next video. Grateful kisses.
[33:33] next video. Grateful kisses. F.
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