I Teach a Beginner How to Trade ($1,000,000 Prize Money)
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It all makes perfect sense to [music] me . Why aren't you making any money? ? That is a good question . 15 traders are competing against each other today for €1 million and a free spot in my mentorship program, which is valued at [music] €50,000 . Each and every one of them has 10 minutes to present their trading strategy to me in its simplest form . But watch out. Out of these 15 traders, only seven will get the chance to participate in this battle afterwards . In the last [music] episode, I chose two out of four . I'd like to take you with me. I want to take you along, too . Today, [music] three traders are sitting before me, and only one will move on in the end . And I would like to take you with me . I'm Janice, 22 years old, and I'm from Austria . I've been trading since March of last year, and I got into trading for the quick money . I trade futures and indices, preferably the FDAX in the mornings . Since that's rarely possible due to work, I usually switch to the ES and the Q in the afternoons . So, I basically just take whatever the market gives me . So, those could be counter trades or breakout trades . It's all the same to me. And as tools for this, I use market profiling . Additionally, for entries, I like to use the order book Exactly. Therefore, I would definitely recommend that to you . Mhm. And if you've successfully tracked several hundred different trades over there now . Mhm. Yes. And then you will clearly see for yourself that exactly what I'm doing here leads directly to our ultimate success . Mhm. So, and now you're already in the process of using these IQ Capital accounts for yourself . And you also state that you have a risk of 0.3 0.4% per trade . Mhm. How is it then possible that you trash an account in a single day ? Either you have 60 stop losses in a row or you're pyramiding in a loss and trying to somehow get your money back quickly . What is the truth ? A bit of both . Well, I've had accounts where I definitely didn't stick to my risk rules . Lately, it's been mo 's been more that I've tended to stick to them, but just stubbornly believe the next one will be it