There is no high risk in the traders mind, he will trade under the same psychology as the daily dd limit of those prop firms, in a easy way not to mess up his mind.

Self funded vs prop firm… truth behind it

I can fully agree that a big dd is not good, but if it is part of the trader style, that at one certain moment for any reason he can take more risks and allow it - with all the risks that implies it, ... then, a prop daily dd that is fixed is ...

Self funded vs prop firm… truth behind it

Nice to see someone that understand business. That simple double the fee example is an efficiently poor example where still works but it can be way way more efficient than that. Of course, a trader see 400$ vs 5k and is easy jump if not looking into ...

Self funded vs prop firm… truth behind it

It sounds so nice … if I double 100k account in a year, nice payout … only maybe 10% a month .. with some holidays in between … Sure! Maybe is not that hard but you have to do it in within a 5% daily, I mean daily = every day, limit … therefore is ...

Self funded vs prop firm… truth behind it

Hard to understand why most are looking at that account size like 50k 100k 200k … when in reality you only get a daily limit to trade… that’s all, always, that’ jail or slavery or you name it…, no matter the account size … if it is 100k and daily ...

Self funded vs prop firm… truth behind it

The initial plan would have still worked, but the extra addons were fatal ... At one moment of the day when it was on the edge, I had a natural thought -> maybe I should add 10e ... or why not 100e .. thinking now, with 1k or 2k it would have ...

to 1M too

Maybe this drop to 2720 was all it needed to go to 2950 -> 3150? ... Got it wrong many times, welling from 26xx looking for under 2400 ... and so on, ... one more time being wrong does not matter much. One thing is certain, next week should it reach ...

Cable Update (GBPUSD)

SpaceX got one more load, same size as previous. Where, the initial mission was to fly - deploy - come back with a reusable capsule that will be deployed again with a bigger load ... that was a too ambitious mission as these days fist we need to ...

to 1M too

Since it was not clear from 1st look, better wait for some real case examples, ... it will be less time consuming.

Cable Update (GBPUSD)

As I mentioned a few times, in January I will start a new project, that is what I think a better way to use the fee one has to pay to get a funded account. I already made a few posts on other places where I explained the approach: ...

to 1M too

SpaceX project It reached the required altitude where I doubled the entry volume, ... another critical moment. Money Management So far, nothing would have been possible without some extra help, I mean, some extra capital infusion in difficult ...

to 1M too

With such speed is hard to brake ...

Cable Update (GBPUSD)

Quite lazy I would say ... not even to that 2870, not to mention 3022 or 3150 from where, at this moment, I am super keen to sell it next week!

Cable Update (GBPUSD)

Please read again from where it started url and url and a few that follow and this last one url There is math and the approach to follow. If still not enough, we will leave it for the moment as I see that this process can't be followed in ...

Cable Update (GBPUSD)

This is not correct: but you are not taking in account the risk x trade. 1lot on a 5k is approx 5% risk x trade. (Depends on the sl) the same has to apply to the real 400$ account -> I do take into account the same risk every time. The real account ...

Cable Update (GBPUSD)

I am sorry but I will not go into that because I start to think that even if I will write it again you will still not understand the process from start to finish. I wrote it several times, I think it was clear enough, with the approach to do it ...

Cable Update (GBPUSD)

1:500 leverage. It is 200e margin on 1lot .. then, could easily have several lots. Taking 1 lot on gbpusd for 100 pip around 800e +/- Again: if you take 1 lot in 100k account -> 100 pips -> 800e profit (or loss) if you take 1 lot in 5k account -> ...

Cable Update (GBPUSD)

this post answer your questions: url There was a process you followed from that 400$ in order to start receiving money. During that process you spend to get funded, that fee was played in a smart way by the prop firm ... what you should have done ...

Cable Update (GBPUSD)

yes, that edit is important! the time frame is wrong. They made to get funded 13% on a 100k account with 5k daily limit. that is to say, they made 13k$ -> is is realistic to make 1k on a 100K$ account with a 5% daily drawdown limit? ... in how much ...

Cable Update (GBPUSD)

Proove if you can make this profit if you can make in 400 $ real account. Is wrong what you ask. That 2344 profit of your is made in a 100k account with 5k daily allowance. When you made it? in day 1 when you subscribed with 400$ for a funded ...

Cable Update (GBPUSD)