Welcome to the VTP Stage 5 - Becoming a Funded Trader
Welcome to the VTP Stage 5 - Becoming a Funded Trader
It’s a sad statement that most private retail traders are under-capitalised for their own goals and expectations. This leads towards over-sizing positions or attempting to hit 'home-runs' on every trade. It leads to a real “Hero-or-Zero” mentality, which rarely ends well for the trader as they chase outsized returns.
The trading Industry has recognised this, hence the recent proliferation of Trader Funding companies, or Prop-Shops, over the last 4-6 years which look to fund a trader in return for a fee and passing a trading performance challenge.
These tests usually revolve around the trader generating a double-digit return in a month (or over several months) with the trader then being funded to a level dependent on their initial purchase. The funding increases as, and if, their performance continues.
To be fair, it’s a model that can really benefit some traders, if they are prepared for the challenge of a) delivering such returns and b) trading Other People’s Money (OPM).
However, far too many people ‘crash and burn’ because they are not prepared in any way for the challenge. Or they pass the challenge and then blow-up when trading other people’s funds at a size that they are not used to.
The VTP Stage 5 Course was designed to help traders navigate this, and prepare properly to embrace and win in the Prop Firm space.
What will you learn from this course?
By the end of the 8 sessions, you’ll have:
- An understanding of the Prop Shop/ Trader Funding landscape and Business Models
- Greater understanding of what’s required to both pass and maintain your funded account.
- Insight into whether your own trading method will help or hinder you in a funded account world.
- Greater knowledge of your own strengths and weaknesses as a trader and fund manager
- The creation of your own Personal Trading Plan to pass your challenge.
- Learning how to manage yourself in order to maintain good performance.
- Understand the importance of creating your own Buddy-Buddy Trader Support Networks to help you in your journey.
If you are currently struggling with a challenge, or considering trying a challenge, or fancy an opportunity to be part of a trading group then this would be the ideal introduction to the Prop Funded Trader world for yourself
Example Curriculum
- VTP Stage 5 Apr241 - Funded Trader Session 1 - "The Why" (62:12)
- VTP Stage 5 Apr241 - Funded Trader Session 2 - "4Ms - Markets" (72:46)
- VTP Stage 5 Apr241 - Funded Trader Session 3 - "4Ms - Methods" (34:44)
- VTP Stage 5 Apr241 - Funded Trader Session 4 - "4Ms - Money" (59:17)
- VTP Stage 5 Apr241 - Funded Trader Session 5 - "4Ms - Myself" (48:23)
- VTP Stage 5 Apr241 - Funded Trader Session 6 - "Managing Size, Drawdowns and Brokers" (57:09)
- VTP Stage 5 Apr241 - Funded Trader Session 7 - "Support Structures, and Building a Business." (104:28)
- VTP Stage 5 Apr241 - Funded Trader Session 8 - Your Future As A Funded Trader" (48:19)
- VTP Stage 5 Apr241 - Funded Trader Extra Session - Chat with Jason from Trade Up (78:21)
Want to know more about me?
If you'd like to know more about me and my background and experiences then you can do so here:
Listen to my Trading Podcast
You can listen to the weekly TOGS Trading Podcast where we shine a light on the life of a Trader.
Video Version: https://bit.ly/TOGSPOD
Audio Version: https://bit.ly/TOGSAudio
For Futures and US Based Traders
We have a truly global audience who join us. However, we realise that some of our clients might well be predominately Futures focused, or based in the US.
This course is equally suitable for Futures Traders and those based in the US. We choose to work with NinjaTrader for those traders.
Disclaimer
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.