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. ⬇️⬇️ JOIN THE PATREON TODAY! ⬇️⬇️ https://www.patreon.com/WordsofRizdom 🚨 MASSIVE OFFER AT SKILLED FUNDED TRADERS 🚨 No time limit evaluation firm + Skilled Challenge with 6% Phase 1 Target! ⬇️ 12.5% OFF ALL CHALLENGES Use Code "RIZ" ⬇️ https://skilledfundedtraders.com (Lifetime Code) ⬇️ 35% OFF Virtual Accounts With The 10% Virtual Drawdown Option for $5k to $25k Accounts Use Code "SFTXDISCORD" ⬇️ https://skilledfundedtraders.com (Lifetime Code) ⬇️ 20% OFF Virtual Accounts With The 10% Virtual Drawdown Option Use Code "RIZ20" ⬇️ https://skilledfundedtraders.com (Lifetime Code) ⬇️Join the Skilled Funded Trader Discord: ⬇️ https://discord.gg/2MH4ESZ776 — TRADEZELLA: All-in-one trading journal and analytics tool that provides valuable insights, trade replay, in depth reporting, and more to gain clarity, eliminate costly mistakes, and trade smarter. ⬇️Use Code “RIZ10” for 10% off your subscription ⬇️ https://www.tradezella.com/?via=riz ⬇️Use Code “WOR” for 20% off your yearly subscription ⬇️ https://www.tradezella.com/?via=riz __ Dan's Instagram: https://www.instagram.com/wannabechamp Dan's Youtube: https://youtube.com/@DanCheung Dan's Twitter: https://x.com/wannabechamp Riz’s Instagram: https://instagram.com/wordsofrizdom Riz’s Twitter: https://twitter.com/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. 🙏🏽 SUBSCRIBE BELOW! Turn your notification bell on so you can be notified when videos like this get dropped. Drop a like on the video to help this channel grow. 💪🏽 Feel free to get in touch with the details below. Where to find me: https://linktr.ee/wordsofrizdom Twitter: @Wordsof_Rizdom - https://twitter.com/wordsof_rizdom Instagram: @wordsofrizdom - https://instagram.com/wordsofrizdom Email: riz@wordsofrizdom.com 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