This is my business plan. I live in newly communist Germany ,so they have this "law" where on CFDs you can only deduct 20K from losses. I have 4 props. 1 Broker. I trust neither. I have a trading edge. PLAN: milk the ...

Prop Firm Hub

Fully agree on the math, except: "Stage 1 the average target is 8% with 10% DD, you'd have $900 in personal account" 8% on personal account is 540 U$, or am I wrong? Personal account........you've lost everything (absolutely, maybe more than that).

Prop Firm Hub

Prop´s best advantage in my humble, is the protection from "Black Swan". I just checked the Legal Documents of my broker, IC Markets. Bottom line: on a Black Swan spike, you could lose the whole account, and not more, I think ...

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Thanks a million, Capa and Stoney, that was very useful!

Prop Firm Hub

Thanks, Stoney, (I am 68), Interactive Brokers were first on my list, but have you seen the number of negative comments in T Pilot? I was looking at IBrokers Ireland, cause they are Bafin conform, and that would make it easier to ...

Prop Firm Hub

What a world! I have 4 accounts on a prop and I know, after a few payments they will kick me out with some excuse. So far I could identify only one prop that has no negative payment comments in Trustpilot: "The trading pit", German ...

Prop Firm Hub

Yes that is correct, you need to apply for a GMBH, all possible, but it costs $, and bureaucracy. There are firms that do that whole thing for you. Still not cheap. You then become an employee of your own company (GMBH), cash a salary with all the ...

Prop Firm Hub

Remember black swan? EURCHF "saw quotes for the EURCHF during the first five minutes bounce between 5,400 pips". No stops were honored till the market recovered normality. People lost their houses. Winners hardly got paid, brokers "needed ...

Prop Firm Hub

The biggest advantage of prop, is black swan protection. In my case living in Germany, prop is almost the only chance for traders. The government officially declared the intention of "destroying the trader profession", so they ...

Prop Firm Hub

Do u work for them? Have you seen the negative reviews? The positive ones, well....all of them have those....

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People talk about FTMO being the best, yet you look at the negative Trustpilot comments, and it paints a different picture. At the end of the day, there are simply no “Saintly Props” out there. I discovered this lady from Argentina, who is very ...

Prop Firm Hub

The biggest advantage of Prop is the protection from Black Swan. The fact is many make a lot of money with Broker accounts, and many do the same with prop. The key is having an edge and specialization. The fact is we should be all studying charts, ...

Self funded vs prop firm… truth behind it

Don´t give up, my wife is through, clean after 3 years. I heard these days, that you park your car at the hospital, and by the time you meet your doctor, already new therapies arrive, thanks to technology. All the best.

NQ Day Trading

Did u try H12, you get a good mix of more opportunity and less noise.H8 is also feasible,240 is a problem unless you want to wake up in the middle of the night to monitor trades.

The Small Turtle System (Donchian Trend +MACD)

No need of a scripture to tell us what is good and what is bad, even children know that.

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So naive I was. I really thought it was possible for props to create a business where they collect very good traders through their system, copy the trades, and all make money happily, and honestly. I figured this was a win-win business ...

Prop Firm Hub

Correct me if I am wrong, but the reason why props strictly forbid trade copying (from other traders), is they want to make sure you remain within the 95% losing retailer group right?

Prop Firm Hub

Try Stocknet Institute, based in the UK, I have 4 accounts there for a year, no exams to pass, pay, and you get to trade. url They are starting a complete overhaul of their offers, and services, promising the most "spectacular Prop firm", accounts ...

Prop Firm Hub