A Week In My Life in Bali (Making $16,000 Trading)

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Summary

This video follows the creator's week in Bali, combining personal activities like gym and paddle tennis with significant updates on his trading endeavors. He discusses successful trades, managing multiple prop firm accounts, recovering from drawdown, and shares a valuable lesson about not being afraid to trade funded accounts.

Highlights

Gym and Paddle Tennis in Bali
00:00:10

The video starts with the creator at Elite Fit gym in Bali, focusing on calisthenics training. Afterward, he heads to the Embassy Social Club for paddle tennis, emphasizing an active end to his week. He also mentions purchasing five new Apex accounts for copy trading, having been in profit the previous day.

Weekend Getaway and Trading Update
00:01:21

The creator takes a weekend getaway to a new villa with friends for Easter. He provides a quick trade update, showing a 1K profit on a price retracing. He later discusses taking a NAS long trade on his Alpha and futures accounts, aiming for a 16K profit after experiencing an earlier loss. He details his trading strategy for the three-pin breakout, aiming to recover from a 15K drawdown on his Alpha account.

Trade Outcomes and Account Management
00:03:33

The trade on Friday played out to full TP, resulting in 13.8K profit on his Alpha Capital Group account. He explains how this recovered his 15K drawdown, securing a small payout. He discusses the challenges of managing over 20 accounts across different platforms (CFDs and futures), noting that deep drawdown is inevitable and highlights missed opportunities. He also secured payouts on FTMO and Blue Guardian accounts, detailing his strategy of securing small initial payouts to refund fees and then risking more heavily.

Prop Firm Status and Road to $2 Million
00:06:51

The creator is close to reaching $2 million in total capital across his trading accounts. His main focus is on Alpha Capital Group, FTMO, Blue Guardian, and Hantec, along with Alpha Futures and Apex. He encourages viewers to join his academy for trading insights, showcasing a textbook three-pin breakout setup that led to a $3.4K payout.

Reflection on Trading Psychology and Past Experiences
00:09:39

He reflects on a recent week where he felt renewed excitement for trading after recovering his Alpha account from a 5% ($20K) drawdown. He shares a cautionary tale about a MyForexFunds account where he was too afraid to trade due to fear of loss, ultimately losing the account when the company went bankrupt. This taught him that having a funded account is not the finish line; generating payouts is the true goal, and one should never be afraid to trade their funded capital.

Preparing for Japan Trip
00:12:56

The video concludes with the creator preparing for an upcoming trip to Japan, which he anticipates will cost around $30,000. He expresses excitement for the trip and hints at creating engaging content from his travels.

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