In this episode of The Words of Rizdom Podcast we are joined by Dan Cheung (AKA Dan WChamp) a Pro Trader & Veteran in Prop Firms. Dan has achieved millions in prop firm funding as well as trading over 6 figures in personal capital. He shares his secrets on how to get out of drawdown, get max funded and shares insights on how to pass prop firm challenges as a whole.

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Dan's Instagram:   / wannabechamp  

Dan's Youtube:    / @dancheung  

Dan's Twitter: https://x.com/wannabechamp

Riz’s Instagram:   / wordsofrizdom  

Riz’s Twitter:   / wordsof_rizdom  

Free Telegram Community! https://t.me/pocketsofrizdom

I hope you all enjoy this episode, let me know who you'd like to see on the podcast.

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Where to find me:

https://linktr.ee/wordsofrizdom

Twitter: @Wordsof_Rizdom   / wordsof_rizdom  
Instagram: @wordsofrizdom   / wordsofrizdom  
Email: [email protected]
Website: www.thevipergroup.com

Timestamps:

0:00 Introduction
2:13 Going all in on Prop Firm Challenges
5:28 Going on tilt and how to avoid it
7:49 Being addicted to the charts
9:56 Trading is easy?
11:44 Achieving 7 figures in funding
21:05 Summer or winter best time to trade?
23:24 Building multiple income streams
25:54 Importance of a stable income
27:28 How to Handle multiple projects at once
39:06 Compounding personal capital
46:49 Personal vs Prop
49:37 Optimum Trading Conditions
53:10 How to get out of drawdown
56:11 Prop trading Slow & Steady?
59:45 Outro

DISCLAIMER: I am not a financial adviser. The videos on my channel are for educational purposes only

#trading #daytrading #forextrading #propfirms #ftmo