Petko's Algo Trading Podcasts

Petko Alexandrov

Welcome to the official podcast of Petko Aleksandrov — a series of in-depth conversations with leading professionals in the world of algorithmic trading. Eac...

  1. Jul 21 ·  Video

    8% Monthly Without Grid or Martingale – The Man Behind the Gold Reaper

    The truth about profitable expert advisors, breakout trading, and why avoiding grid and martingale could change the way you trade forever. ⭐️ Visit IC Markets, the Broker I use, and the broker Wim uses: IC Markets: https://link.algotradingspace.com/FUwxZ 👉 Get the Gold Bundle by Wim Schrynemakers: https://link.algotradingspace.com/XDTZx 👉 You can get the Gold Reaper for free with a $5K deposit. Visit EasyAlgos to learn more: https://link.algotradingspace.com/siqOI In this episode, Petko sits down with expert advisor developer Wim Schrynemakers, creator of Gold Reaper, Gold Trade Pro and more than 27 algorithmic trading systems. They discuss why Wim refuses to use grid and martingale strategies, how he develops breakout-based expert advisors, what makes a trading strategy robust over the long term, and how to evaluate drawdowns without making emotional decisions. They also cover portfolio building, realistic returns, backtesting, live trading, risk management, and why diversification is one of the most important principles for long-term success in algo trading. Whether you're looking for safer trading systems or want to better understand how professional EA developers think, this conversation offers practical insights you can apply to your own trading journey. Chapters: 00:00:00 Introduction 00:02:03 Welcome, Wim 00:02:33 How Wim Got into Algo Trading 00:03:48 Why Wim Avoids Grid and Martingale 00:05:41 The Story Behind Wim's First EA 00:07:53 Building EAs for Himself Before Selling Them 00:10:08 Why Breakout EAs Scale Better 00:10:41 From Googling "Make Money Online" to Full-Time Trading 00:13:23 Gold Reaper Live Results and Risk 00:15:38 How Gold Reaper Works 00:19:42 Why Martingale Always Ends Badly 00:22:18 Gold Reaper vs. Gold Trade Pro 00:26:25 Analyzing Gold Reaper's Live Performance 00:29:18 Is It a Normal Drawdown or a Broken Strategy? 00:31:32 Backtesting That Actually Works 00:33:55 Why Grid Systems Fail Long Term 00:35:27 Building a Portfolio of Expert Advisors 00:36:10 The Ultimate Breakout System 00:38:03 Wim's Five Portfolio Setups 00:42:22 Best EAs for Beginners 00:44:03 Choosing an EA for Small Accounts 00:44:32 Luna AI Night Scalper Explained 00:45:59 DayTrade Pro Algo Explained 00:47:17 How to Spot Hidden Grid and Martingale EAs 00:49:16 Portfolio Size and Realistic Monthly Returns 00:52:06 The Trading Mindset That Matters 00:52:45 Where to Find Wim's EAs 00:53:09 Is MQL5 Worth It? 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ ✅ Keep an eye on our live accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded 💡 Learn more about how to build a risk-diversified portfolio with our Premium Portfolios here: https://algotradingspace.com/premium 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/@PetkoAleksandrov Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "8% Monthly Without Grid or Martingale – The Man Behind the Gold Reaper." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC Disclaimer: This podcast is sponsored by IC Markets. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to support@algotradingspace.com. For sponsorships: partners@algotradingspace.com

  2. Jul 13 ·  Video

    The #1 Reason Algo Traders Lose Darwinex Allocation – And How to Fix It

    What if one small change to your portfolio could be the difference between earning DarwinIA allocations and missing out completely? ⭐️ Get your Darwinex Zero Account at the lowest price of just €45 sign-up fee, with an additional 20% discount when you use the code PETKO: https://link.algotradingspace.com/jpedB What does it really take to succeed with expert advisors on Darwinex Zero? In this podcast, Petko sits down with Kieran from Darwinex to discuss how the platform measures correlation, why so many traders lose allocations, and how to build a portfolio that stands out. They cover risk management, diversification, grid strategies, position sizing, historical data, live testing, and practical tips for algo traders who want to scale their trading professionally. Chapters: 00:00:00 Introduction 00:01:02 Welcome to the Podcast 00:01:19 Kieran's Perspective as a Trader 00:02:24 Understanding Correlation 00:05:06 Should You Change EAs to Avoid Correlation? 00:05:26 Why Correlation Only Affects DarwinIA 00:06:23 Darwinex as an Asset Manager 00:08:15 How Investor Capital Works 00:11:42 Fund Allocation vs Investor Capital 00:13:29 How to Avoid Correlation as a Beginner 00:18:02 Don't Just Change an EA. Make It Better 00:19:57 Which Trading Strategies Work Best? 00:21:26 Grid and Martingale on Darwinex 00:23:19 How the Risk Engine Handles Grid Strategies 00:25:13 Setting Portfolio Stop Losses 00:27:52 Does Position Size Matter? 00:33:15 Do Timeframes and Assets Matter? 00:37:37 Building an Uncorrelated Portfolio 00:40:01 Why Darwinex Historical Data Stands Out 00:44:35 Testing EAs in a Live Trading Environment 00:48:56 Quick Fire Questions 00:49:15 MT4 or MT5? 00:49:24 Grid or Scalping EAs? 00:49:30 Trend Following or Swing Trading? 00:49:43 One Asset Every Algo Trader Should Avoid 🚀 Join our VIP Club for just €49 per month. Get priority support from our team of traders, access to the private Discord server, all of our set files, exclusive videos, and much more: https://algotradingspace.com/vip ✅ Keep an eye on our live accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/ ⁨@PetkoAleksandrov⁩ Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "The #1 Reason Algo Traders Lose Darwinex Allocation – And How to Fix It." " 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC DISCLAIMER: This podcast is sponsored by Darwinex Materials and opinions provided here are intended solely for informational purposes for prospective clients and do not constitute investment advice made by the presenter and/or the company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com. For sponsorships: partners@algotradingspace.com

  3. Jun 21 ·  Video

    Petko’s Million-Dollar Question: Why Do I Share My EA Profits?

    Why do I publicly share my EA profits, withdrawals, and trading results? The answer might surprise you. ⭐️ Visit IC Markets to open a demo or live account: IC Markets: https://link.algotradingspace.com/FUwxZ A few days ago, I asked a simple question: "What is your biggest trading goal?" In this video, I answer dozens of responses from the Algo Trading Space community and explain why I publicly share my expert advisor profits, withdrawals, and live trading results. We discuss realistic expectations, prop firms versus live accounts, diversification, account growth, risk management, and the common mistakes that prevent traders from reaching their goals. If you're building a long-term algo trading portfolio, this video will help you focus on what really matters. 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ Chapters: 00:00 Intro: Subscriber Trading Goals 00:31 Can EAs Deliver Consistent Prop Firm Payouts? 02:45 Can a $1,000 EA Account Compound Safely? 03:59 Can $100 Really Be Compounded 17 Times? 04:20 Can a Free EA Make $10 Per Day From $100? 05:06 Can I Flip £500 or Earn 10% Per Month? 06:31 Can $200 Generate $1 Per Day With Low Drawdown? 07:18 Funded Accounts vs Live Accounts 08:04 Can $1,000 Generate $30 Per Day? 08:58 How Much Capital Do You Need for $2K–$3K Per Month? 10:56 Can EAs Generate $500–$1,000 Per Month? 12:23 Reviewing the K-ROS Hybrid EA 12:40 $100K Live Account vs Prop Firms 13:37 Can an EA Make 3% Per Week With 2% Drawdown? 13:57 Can a $50K Account Generate $1,000 Per Month? 15:50 Building Ten $5K Trading Accounts 16:18 Starting With a Single $2K Account 17:25 Can Algo Trading Replace Your Job? 19:05 Earning 3%–5% Per Month Without Excessive Risk 19:27 Can Multiple EAs Generate 10% Per Month on $2K? 20:28 How Much Capital Is Needed for $2K Per Month? 20:52 What Makes a Successful EA Trader? 23:27 One Large Account or Multiple Smaller Accounts? 26:09 Can Trading Pay for a House and Car? 27:29 Darwinex and Staying Below 5% Drawdown 27:50 Financial Freedom From Bulgaria 28:44 Can I Start Trading With $500? 30:24 Is 0.5% Per Day Realistic? 30:56 Can I Retire Within Five Years? 31:55 Replacing a $4,000 Monthly Income 32:44 Building Side Income and Financial Freedom 33:19 10% Per Month on a $400K Funded Account 34:03 Becoming a Professional EA Trader 34:30 Hedge Fund Manager or Trading Analyst? 35:30 Going Full-Time as a Trader 35:56 Can a Trading Bot Generate Passive Income? 36:07 Can a $500 Account Make 3% Per Month? 36:30 Financial Freedom Through Consistency 37:19 Can Algo Trading Lead to Coaching? 37:55 Instagram Q&A: Building a $100K Portfolio 38:29 The Real Cost of Buying and Trading an EA 38:50 Can You Build Me a Simple EA? 39:11 Is 5% Per Month With a Good EA Realistic? 39:30 FTMO: Can EAs Generate $10K Per Month? 40:36 Escaping 11-Hour Workdays 41:06 How Much Capital Is Needed for $10K Per Month? 41:28 Financial Independence and Transparent Results 42:39 Final Advice: Mindset, Emotions, and Planning 👉 Find all of the EAs mentioned in the video in our live results. Simply click on the EA name to be directed to the vendor's page: https://algotradingspace.com/trading-stats/portfolio 💡 Learn more about how to build a risk-diversified portfolio with our Premium Portfolios here: https://algotradingspace.com/premium 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/@PetkoAleksandrov Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Thanks for watching this video titled "Petko's Million-Dollar Question: Why Do I Share My EA Profits?" 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC Disclaimer: This video is sponsored by IC Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@algotradingspace.com For sponsorships: partners@algotradingspace.com

  4. May 28 ·  Video

    Best Trading Bots my Subscribers Trade in 2026!

    A few days ago I asked my subscribers which trading bots they are actually using in 2026, and I was surprised by how many of them are already profitable. ☑️ For Instant Funding, check out iFunds: https://link.algotradingpace.com/hhkrK Discount and Bonus Codes: PETKO5 to get 5% off all accounts. PETKO-INTERN (10% discount on the Intern Account ($2,500)) PETKO1000 (An additional $1000 in funded capital on your Expert Account ($50,000)) Some of the EAs our subscribers trade can be found below: 👉 Dark Nova, Dark Gold, Dark Kronos and Dark Titan: https://link.algotradingspace.com/xnAzr Use code PETKO10 for a 10% discount on any of the Dark EAs 👉 Dark Venus: https://link.algotradingspace.com/YMHZt 👉 Happy Gold and the other Happy Forex EAs: https://link.algotradingspace.com/tZtwP Use the link above for a massive 30% discount on any of the Happy Forex EAs 👉 Market Master: https://link.algotradingspace.com/RDrud Use code PETKO10 for a 10% discount 👉 Forex Gold Investor: https://link.algotradingspace.com/vvSLy Use code PETKO10 for a 10% discount 👉 FX Proctor Max: https://link.algotradingspace.com/SVwfC Use code PETKO10 for a 10% discount 👉 Forex Fury: https://link.algotradingspace.com/NpcDD 👉 Gold Reaper: https://link.algotradingspace.com/yFTtR 👉 Visit Easy Algos to get the Quantum EAs for free with a deposit into a live account: https://link.algotradingspace.com/siqOI 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live In this video, you will see: ✔️ Which trading bots my subscribers say they are using successfully in 2026, including Dark Gold, Gold Reaper, Japan Strike, Proctor Max, Market Master, Dark Venus, Dark Nova, Dark Algo, and Forex Gold Investor ✔️ Why targeting realistic returns of around 2% to 5% a month is still the message that seems to be working best ✔️ Which subscriber-recommended robots we already trade, and which ones we still plan to test next 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/@PetkoAleksandrov Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Best trading bots my subscribers trade in 2026!." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@algotradingspace.com For sponsorships: partners@algotradingspace.com

  5. May 16 ·  Video

    EA trading can make you WEALTHY, and You Don’t need Millions

    Algo trading can build wealth, but only if you stop chasing shortcuts. ⭐️ Get your Darwinex Zero Account at the lowest price of just €45 sign-up fee, with an additional 20% discount when you use the Coupon Code PETKO: https://link.algotradingspace.com/jpedB In this podcast, Petko answers real questions from the community about algo trading, expert advisors, prop firms, copy trading, AI strategies, VIP membership, Darwinex Zero, funded accounts, and what it actually takes to grow with trading robots. He explains which EAs he currently trusts with real money, why most “get rich quick” robots are dangerous, how he thinks about small accounts, risk, diversification, withdrawals, and long-term consistency. This is a direct, practical episode about building wealth with expert advisors the right way, without fake promises, copy-trading shortcuts, or unrealistic expectations. 🚀 Join our VIP Club for just €49 per month. Get priority support from our team of traders, access to the private Discord server, all of our set files, exclusive videos, and much more: https://algotradingspace.com/vip 👉 Check out and join my Darwinex Zero tribe: https://www.mytradingtribe.com/c/petkoatribe Chapters: 00:00:00 Intro – Algo Trading Q&A with No Filters 00:01:27 Recommended EAs and Starting Account Size 00:02:35 VIP Membership and What the Team Provides 00:04:52 Darwinex Update and Gold Reaper Results 00:08:12 Can AI Build Profitable Trading Strategies? 00:09:28 Why I Don’t Offer Copy Trading 00:11:40 The Risks of Account Management and Prop Firm Services 00:12:45 The Most Consistent EA Approach – Portfolio Trading 00:14:00 Real Withdrawals, Compounding, and Low Risk 00:14:55 Forex Fury Update and Backtesting Reality 00:16:17 Building My Own expert advisors 00:18:09 Starting Small – One Account at a Time 00:19:01 How Traders Actually Make Money with Algo Trading 00:20:09 Zone Recovery, Martingale, and Hidden Risk 00:21:00 Can $10 Become $100 in One Week? 00:22:03 Funded Accounts and the 1% Monthly Target 00:22:36 Why Backtesting and Optimization Take Time 00:24:06 Darwinex vs Prop Firms for Beginners 00:24:51 Scaling from Prop Firms to Live Accounts 00:26:06 EAs, Spread Betting, and Copy Trading Questions 00:28:07 Do I Have a Hidden Large Trading Account? 00:29:03 Instagram Q&A Begins 00:29:49 Stop Losses, Losing Streaks, and Portfolio Balance 00:31:51 Taxes and Trading the Right Way 00:32:20 Best Timeframes and What Makes a Good EA 00:33:59 Long-Term Profitability and Portfolio Management 00:36:02 VIP Club Support and the Beginner Path 00:36:43 Final Thoughts on Copy Trading Profit Share 00:38:23 Outro 🖥️ Watch Marin's video about the Zone Recovery EA: https://youtu.be/IRCZrj_k5JI 🖥️ Watch me withdraw my Darwinex Zero profits: https://youtu.be/p0FXRP_BLBc 🖥️ Learn how to backtest correctly: https://youtu.be/T7eJklFHwxA ✅ Keep an eye on our live accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/ ⁨@PetkoAleksandrov⁩ Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "EA trading can make you WEALTHY, and You Don't need Millions" 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC DISCLAIMER: This podcast is sponsored by Darwinex Materials and opinions provided here are intended solely for informational purposes for prospective clients and do not constitute investment advice made by the presenter and/or the company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com. For sponsorships: partners@algotradingspace.com

  6. Apr 7 ·  Video

    3 Things Holding You Back in Algo Trading

    Most traders think the problem is finding the right EA — it’s not. ⭐️ Open a BlackBull Markets demo or live account: https://link.algotradingspace.com/IyEAf In this podcast, we break down one of the biggest misconceptions in algorithmic trading — the idea that success comes from finding the perfect expert advisor. After analyzing a poll where most traders said finding a winning robot is their biggest challenge, we explain why that thinking is actually the problem. The real obstacles are mindset, expectations, and how traders handle drawdowns, risk, and consistency. We go through what truly holds traders back, what actually matters when building a portfolio of EAs, and why no system works all the time. This is a practical discussion focused on shifting your approach from chasing “perfect strategies” to building something that actually works long-term. Chapters: 00:00:00 Introduction 00:01:50 Getting Started in Algo Trading 00:02:09 The Hardest Part of Algo Trading 00:04:31 Understanding Trader Psychology 00:08:55 Three Things Holding Traders Back 00:16:58 Setting Realistic Expectations 00:27:53 Risk and Probabilities Explained 00:33:52 Why You Should Diversify Across Accounts 00:36:50 What Defines a Good Expert Advisor 00:42:02 Struggling to Find a Good EA? Where to Look 00:45:29 One Habit That Helps You Stay Profitable 🚀 Join our VIP Club for just €49 per month. Get priority support from our team of traders, access to the private Discord server, all of our set files, exclusive videos, and much more: https://algotradingspace.com/vip ✅ Keep an eye on our live accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Instagram: https://www.instagram.com/algotradingspace/ TikTok: https://www.tiktok.com/ ⁨@PetkoAleksandrov⁩ Facebook: https://www.facebook.com/algotradingspace/ LinkedIn: https://www.linkedin.com/company/33249615/ X: https://x.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "#1 Reason You're Not a Profitable Forex Trader." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC DISCLAIMER: This podcast is sponsored by BlackBull Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and do not constitute investment advice made by the presenter and/or the company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com. For sponsorships: partners@algotradingspace.com

  7. Feb 14 ·  Video

    AI is about to change trading FOREVER: Rene Balke

    One of the few real algo traders who codes, tests, and live streams his own strategies joins me to talk about risk, AI, and what actually works in automated trading. ⭐️ Visit IC Markets to open a demo or live account: IC Markets: https://link.algotradingspace.com/FUwxZ Rene Balke is not your average trading YouTuber—he's a seasoned developer and algo trader with over a decade of experience coding his own expert advisors. In this episode, we dive into his full journey from German banking to running a transparent, fully automated trading account live on YouTube. Rene explains the pros and cons of coding your own EAs versus using marketplace robots, why most beginners focus too much on profit instead of risk, and what separates serious traders from the hype-driven crowd. We also talk about using AI to build expert advisors, how he deals with drawdowns, and why having a stable mindset is just as important as having a solid strategy. If you've ever thought about building your own trading bots, or you just want to learn from someone who actually trades what they talk about—this episode is for you. 💎 Enrol in Rene's online MT5 masterclass here: https://link.algotradingspace.com/NmxiL Chapters: 00:00:00 Introduction 00:00:54 Welcome Rene Balke 00:01:07 The Only One Selected from Ten 00:02:45 Early Personal Achievements 00:03:12 Being Among the First 00:03:36 How Rene Got into Algo Trading 00:06:05 From 9–5 Job to Full-Time Trading 00:07:51 Why Code Your Own EAs First? 00:10:19 Who Should Learn to Program EAs? 00:14:01 Inside Rene’s Programming Course 00:15:54 Build Your Own EA or Buy One? 00:20:02 Biggest Beginner Mistakes to Avoid 00:21:55 The Problem with Fake Gurus 00:25:34 Live Streaming a Real Trading Account 00:29:06 Handling Drawdowns Personally 00:34:30 Advice to Beginners from Experience 00:38:40 Programming vs Trading – What Matters More? 00:42:53 The Future of Algorithmic Trading 00:47:37 Key Skills for Future Algo Traders 00:52:00 Advice for Beginners and Advanced Traders 00:56:50 Final Thoughts from Rene 00:58:57 Withdraw Profits or Compound? 01:01:21 Closing Remarks 🚀 Join our VIP Club now and become a part of a professional trading community with access to our private Discord server, priority support and every set file we use: https://algotradingspace.com/vip/ ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded 💎 Meet Petko and the team in the Forum: https://platform.algotradingspace.com/forum/ ⚠️Do your due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/algotradingspace/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "AI is about to change trading FOREVER: Rene Balke." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. FTC Disclaimer: This video is sponsored by IC Markets Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions write to: support@algotradingspace.com For sponsorships: partners@algotradingspace.com

  8. Feb 4 ·  Video

    The First Prop Firm That Agreed to a Podcast

    Hola Prime is the first prop firm to agree to appear on my podcast - here’s what they revealed. ⭐️ Grab a challenge from Hola Prime here: https://link.algotradingspace.com/IXHdX Remember to use the code ALGO10 to get a 10% discount on any of the plans. In this episode, Petko is joined by Sam, Director of Growth at Hola Prime, for a deep and honest conversation about how to pass and stay funded with prop firms using expert advisors (EAs). Instead of rehashing the basics, they dive into real challenges traders face, from drawdown breaches to risk mismanagement and consistency rules that can quietly fail your account. Sam explains how prop firms view EA trading, why using off-the-shelf robots is risky, and how to build and manage your own algo strategies for long-term success. Whether you're trading manually or with bots, this episode offers real insight into what prop firms are actually looking for, how their backend systems work, and what you need to do to stand out and stay funded. A must-watch for any prop trader working with robots, strategy builders, or trading automation tools. Chapters: 00:01:15 Welcome to the Podcast 00:01:42 How Does the Evaluation Process Work? 00:02:23 Who Came First – Broker or Prop Firm? 00:03:10 What Makes a Good Trader? 00:04:51 Why 2% Profit Is Enough 00:06:07 Most Common Rule Violations in Prop Firms 00:09:21 The 30-Day Rule – Fair or Flawed? 00:12:06 Which Rules Do Traders Underestimate Most? 00:14:18 Real Traders Have Real Experience 00:16:25 What Gives Traders the Best Chance to Pass? 00:17:51 What’s the Maximum Risk Per Trade? 00:18:33 Breaking Down Risk Management 00:21:07 Can Slow and Steady Win the Challenge? 00:21:24 How Hola Prime Views Algo vs. Manual Traders 00:23:47 Why Using the Same EA Can Be a Problem 00:27:49 Are Challenge Trades Mirrored to the Broker? 00:30:12 How Do You Detect Duplicate EA Usage? 00:32:14 Reviewing the Prop Firm Rules 00:35:48 Excessive Margin Use and Risky Trades 00:37:16 What Is the Consistency Rule? 00:41:42 Using Expert Advisors and Algorithms 00:47:11 Biggest Mistakes EA Traders Make in Prop Challenges 00:50:15 Will Unique Strategies Avoid Problems? 00:51:47 Advice for Traders Who Want to Stay Funded 00:52:50 What’s a Reasonable Risk Once Funded? 00:54:46 Longest Period a Trader Stayed Funded 00:56:46 Are EAs Becoming More or Less Popular in Prop Trading? 00:59:17 The Future of Prop Trading ✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live ✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded ⚠️Do your own due diligence about which EA or strategy you will use for trading. ❤️ Let’s connect on social: Facebook: https://www.facebook.com/algotradingspace/ Instagram: https://www.instagram.com/petko.alexandrov/ TikTok: https://www.tiktok.com/@petko_alexandrov LinkedIn: https://www.linkedin.com/company/33249615/ Twitter: https://twitter.com/EAForexAcademy/ ✔️ Thanks for watching this podcast titled "The First Prop Firm That Said Yes to the Podcast – Hola Prime." 🔔 Turn on notifications to never miss a new upload! ⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly. Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money. For questions, write to support@algotradingspace.com For sponsorships: partners@algotradingspace.com

About

Welcome to the official podcast of Petko Aleksandrov — a series of in-depth conversations with leading professionals in the world of algorithmic trading. Eac...