303: Can You Trade Full-Time with FTMO? – Michael Toma

Can You Trade Full-Time with FTMO?

In episode 303 of the Desire To Trade Podcast, Michael Toma and I discuss whether or not you can trade full-time once you get funded by FTMO or similar prop firms.

Watch the video interview here

Topics Covered In This Episode

  • [0:00] Start
  • [0:15] Introduction
  • [0:57] What going full time as a prop firm trader entails
  • [2:07] How much capital you need to trade in a prop firm
  • [3:00] How to improve your equity curve to make it attractive for prop firms
  • [4:30] How to scale your trading capital via prop firms and private capital
  • [7:43] How to decide if its best to trade your own capital or prop firm capital
  • [9:00] What risk per trade to use in a prop firm challenge/evaluation
  • [12:25] What are some things you can do to improve discipline in prop firm trading
  • [14:56] How long it takes to become a “professional” trader
  • [16:36] Why should or should you go into crypto trading
  • [20:38] How to define a “professional” trader
  • [23:27] How to build a track record with a 2,000 USD account
  • [24:42] Do you need fundamentals to be a successful trader?
  • [27:39] Should you scalp if you have a small amount of time to trade
  • [30:38] How to keep consistency as a prop trader
  • [32:50] Good books on Risk Management for traders
  • and much more

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

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What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

 

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303: Can You Trade Full-Time with FTMO? – Michael Toma

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