00:00crypto prop trading firms sell a powerful dream right you trade with someone else's capital you
00:07keep most of the profits you scale into bigger accounts and you avoid risk by not using your own
00:16savings right so the reality is actually something that's a little bit much harder
00:20most crypto prop firms are not traditional proprietary trading discs right they are just
00:27evaluation businesses you pay a fee you trade inside strict rules and you only move forward
00:34if you hit the profit target without a breaching daily drawdown maximum drawdown consistency or
00:42minimum trading day requirements and that changes the game in fact if you understand that because
00:49the challenge is no longer just making money it is making money inside that rule set so that is why
00:56it's very very important for you to understand how prop trading firms work because these provide
01:02you with the great opportunities really to make money uh in a way that you would have never been
01:08able to do because you do not simply have the actual capital to get started but it's just important for
01:15you to understand which platforms are reliable what the rules are how you can actually make great rewards
01:23in terms of uh profits and get a larger split of that profit from your trades using these proprietary
01:32trading firms so breakout prop is kind of the best suited to patient traders who want a straightforward
01:40challenge and uh a clear scaling plan right if uh you want uh if you're maybe somebody was a um
01:48a
01:48systematic trader you want to try uh higher trader right uh and uh kind of uh it values unlimited time
01:56exchange api flexibility and a consistency rule that filters out uh lucky one trade passes so prop w is the
02:07most experimental model with adaptive risk controls and proprietary analytics and risk adjusted payout
02:16incentives as well so i think the best lesson or the biggest one really is psychological here funded
02:23capital can stop feeling real a daily drawdown becomes the account killer minimum trading days can push
02:30traders into bed setups a winning streak can also create entitlement and one revenge trade can end an
02:38account so most traders fail because they over trade or use too much leverage or rush the target or treat
02:45the evaluation fee like a lottery ticket the best prop traders think like risk managers first profit comes
02:53second survival is what's paramount so check out the full guide where we compare these top crypto prop
03:02trading firms like i said breakout prop make sure you use the code which will be in the description so
03:07you
03:07can get a discount on your fee and also use uh affiliate link to hire a trader and prop w
03:15as well so you can
03:17get the best fees and the best deals on your accounts so these are the top three crypto trading uh
03:25prop trading
03:26firms uh that i've personally had experience with and i think uh with uh checking out you go check out
03:33the full
03:33guide and we've independently reviewed all of these platforms individually also on our main site just
03:40go to our search button and you'll be able to find each and every one of these reviews let me
03:45know what
03:45your thoughts are let me know if you've ever used the prop trading firm uh these are kind of very
03:50popular
03:50in the forex markets but they're really starting to get amplified in crypto we've seen a breakout prop for
03:58example getting acquired by kraken one of the biggest exchanges in the world and it's a really really
04:04dependable platform so it's coin w uh prop w which is uh affiliated with coin w the exchange which is
04:10also very well established and the higher trader also uh one of those established uh prop trading firms
04:17use the links in the description and let me know what your thoughts are like share and subscribe and i'll
04:20see
04:21you guys in the next videos peace
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