Prop Firm Hub | Page 910 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #18,181
  • Jul 22, 2023 5:30am Jul 22, 2023 5:30am
Quoting labu
{quote} I wasn't around during the era this woman acted unruly. But what I don't understand why everyone get so hyped about a woman here. Is it because women traders are rare. Or something else...
It wasn't because she is a women but because she was an asshole. You can also see us spanking Angelo, Matt, the kids from Bespoke and Blue and they are all men.
We love this kind of characters.
  • #18,182
  • Jul 22, 2023 6:39am Jul 22, 2023 6:39am
Quoting Capablanca
{quote} You set you SL when you had 4K profit. You ended up with a 2.5K loss which means you lost those 4K + 2.5K. That's -6.5K. I wonder how much you though you could get above the +4K to be risking these 6.5K. I'm not bragging you. I'm just trying o understand your R/R in this trade because to me this seems too much.
1 ) 1 st set of long traades open and close area + 1213 $. capital increase to 101213 $

2 ) 2 nd set of long area, average entry price 1.2860/63. Price spiked to 1.2904, 44 pips, with 10.5 lots. Seen profit upto 4000 $ on the spike which I did not book.

3 ) Stop loss area marked, low of previous day + 1 pip. The price did not break thursday low but hit my stop 1 pip above. Close to 2500 dollars loss taken. After adjusting 1.123 k profits on thursday.

4 ) NY from lows..i managed to book some profits close to 300 dollars.

5 ) End of friday capital.. you can see in the picture.
Attached Image (click to enlarge)
Click to Enlarge Name: book.png Size: 66 KB
Intraday only.
  • #18,183
  • Jul 22, 2023 7:40am Jul 22, 2023 7:40am
Quoting Nsak3y
{quote}-Yes. Take profits as soon as reasonably possible. Minimize exposure to market and do not over-trade. Do not let ego, greed or emotions interfere with what you are doing. Being profitable matters more than being right, beating personal records and/or having a good win-rate percentage etc.. I always say that profiting from the market is easy. Learning how to not give it all back is the hard part. The best traders will be those that can learn how to lose properly.
So true.
  • #18,184
  • Jul 22, 2023 8:08am Jul 22, 2023 8:08am
Quoting labu
{quote} I wasn't around during the era this woman acted unruly. But what I don't understand why everyone get so hyped about a woman here. Is it because women traders are rare. Or something else...
Her gender isn't really the matter. Its her onlyfans pics whilst running possibly the largest prop firm at the time and telling people they are poor on social media that garnered a no holds barred approach to talking about her.
  • #18,185
  • Jul 22, 2023 8:29am Jul 22, 2023 8:29am
Quoting Takisd
{quote} Her gender isn't really the matter. Its her onlyfans pics whilst running possibly the largest prop firm at the time and telling people they are poor on social media that garnered a no holds barred approach to talking about her.
Link.
You have an IQ lower than 90 if you interact with this user.
  • #18,186
  • Jul 22, 2023 8:34am Jul 22, 2023 8:34am
Quoting Nsak3y
{quote}-In life, it matters less what other people do, and more how we choose to respond. Just like with trading, you can choose to learn from your mistakes, grow and become better, or, you can choose to get upset, quit, and/or repeat your mistakes etc.. Also in life, similar with trading, we are in constant battle with ego. This is why making profits is more important than being right. It is best to let the market show you where it wants to go in lieu of trying to force your will and expectations onto the market. Adapt to changes quickly and flow...
This describes the first two years of trading for EVERYONE. The need to be right. Once you overcome this psychological barrier, you are golden. Well, with a good system and rsik management, of course.
  • #18,187
  • Jul 22, 2023 9:04am Jul 22, 2023 9:04am
Quoting pipmaster77
The need to be right. Once you overcome this psychological barrier, you are golden. Well, with a good system and rsik management, of course.
-Yes. If I may speak from experience, learning to overcome ego is much easier than learning how to lose well. As an example, I would bet money that most traders are doubling-down (or worse) when they lose, in order to recover as quickly as possible and remove that 'loser feeling'. When instead, they should continue trading their system without taking on more risk, and sometimes even taking on less risk. It is a grind, but this is what will separate the boys from the men. Just my opinion.
  • #18,188
  • Jul 22, 2023 10:08am Jul 22, 2023 10:08am
Quoting Takisd
{quote} only 37?
Well, yea but that's just the pregame routine before the whiskey shots enter into the equation.
Pride always comes before destruction.... -Proverbs 16:18
  • #18,189
  • Jul 22, 2023 11:21am Jul 22, 2023 11:21am
Quoting navk
Emotions : I had this today. My experience. I signed up new 100 k eval phase 1 just yesterday. with MFF 1 ) Found an accurate entry long entry at 1 am est in gbp usd. Yesterday. ( Thursday ) Took long that time and booked my proffit 1123 $ before NY close at 5 pm est fearing wider spread at asia open. 2 ) Continued with gbpusd long entry after few hours in asia... and had 10.5 lots long entry in gbpusd. With stop in place There was news around 2 am est..( gbp news ) and price spiked as expected. I saw a very nice profit after news spike..close to...
This is called gambling learn to trade first
Trading 10.5 lots is for morons
  • #18,190
  • Jul 22, 2023 11:26am Jul 22, 2023 11:26am
Quoting wansiman
{quote} This is called gambling learn to trade first Trading 10.5 lots is for morons
Do you qualify to say that first ?
Intraday only.
  • #18,191
  • Jul 22, 2023 12:15pm Jul 22, 2023 12:15pm
Quoting Takisd
{quote} Her gender isn't really the matter. Its her onlyfans pics whilst running possibly the largest prop firm at the time and telling people they are poor on social media that garnered a no holds barred approach to talking about her.
Ok this makes sense and the other reply about it. Didn't know she ran one of the largest prop firms at the time which makes it more sad and comical.
  • #18,192
  • Jul 22, 2023 12:32pm Jul 22, 2023 12:32pm
Quoting Nsak3y
{quote}-Yes. If I may speak from experience, learning to overcome ego is much easier than learning how to lose well. As an example, I would bet money that most traders are doubling-down (or worse) when they lose, in order to recover as quickly as possible and remove that 'loser feeling'. When instead, they should continue trading their system without taking on more risk, and sometimes even taking on less risk. It is a grind, but this is what will separate the boys from the men. Just my opinion.
I did that in start, the emotions are truly overwhelming as newbie. I notice in time however once you get something in place a structure to trade and keep doing it over and over. The emotions do fade a bit. But I think constant practice is needed to keep that urge for revenge trading in check. I doubt its something that goes away. This is where the strict structure of prop firms truly helped.
The more I learn about trading, the more I realize the trading gurus are the least newbies should watch. I think I only found one or two decent channels on youtube and those had the least viewers on youtube but among the best. But even those few I realized as I stopped watching them didn't fit my psyche to trade. So it doesnt matter. One must find the system suitable for you and your mind. Many are tricked into some hype sensation everywhere they look on the web about trading.

Lesson one in trading if I would tell myself when starting it for first time. Don't bother to copy the trading styles from trading gurus. Learn the basics inside and out. The feeling of impossibility will always come even when you think you found the perfect system. So its truly some kind of game to just let emotions go. To grind so much the emotions wont get a chance to affect you. If that seems boring to you. I would tell myself then trading isnt for you.
  • #18,193
  • Jul 22, 2023 1:01pm Jul 22, 2023 1:01pm
Quoting labu
{quote} I did that in start, the emotions are truly overwhelming as newbie. I notice in time however once you get something in place a structure to trade and keep doing it over and over. The emotions do fade a bit. But I think constant practice is needed to keep that urge for revenge trading in check. I doubt its something that goes away. This is where the strict structure of prop firms truly helped. The more I learn about trading, the more I realize the trading gurus are the least newbies should watch. I think I only found one or two decent channels...
The best guys I know are actually bored when they trade. It is predictable enough, and they get bored. It is exactly what I'm aiming for.

If I want excitement and adrenaline, I go play sports, video games etc. Trading should be like work, dull, boring and consistently paying. It is just that the payment amount should be much, much higher than traditional work- because thats what its all about.
  • #18,194
  • Jul 22, 2023 1:05pm Jul 22, 2023 1:05pm
Quoting LehmanBrotha
{quote} The best guys I know are actually bored when they trade. It is predictable enough, and they get bored. It is exactly what I'm aiming for. If I want excitement and adrenaline, I go play sports, video games etc. Trading should be like work, dull, boring and consistently paying. It is just that the payment amount should be much, much higher than traditional work- because thats what its all about.
yes, that is right. This is applicable for funded accounts IMO.

The thing is to pass evaluation, a different strategy may be needed
Intraday only.
  • #18,195
  • Jul 22, 2023 1:45pm Jul 22, 2023 1:45pm
Quoting navk
{quote} yes, that is right. This is applicable for funded accounts IMO. The thing is to pass evaluation, a different strategy may be needed
yes, previously when I passed a MFF acc I had to kinda rush it, because I had to repeat my challenge like 3 times.

Not anymore. Now I'm taking my time.
  • #18,196
  • Jul 22, 2023 3:17pm Jul 22, 2023 3:17pm
Quoting Expo33
{quote} Well, yea but that's just the pregame routine before the whiskey shots enter into the equation.
Them belly button whiskey slammers got you on tilt.
  • #18,197
  • Jul 22, 2023 3:21pm Jul 22, 2023 3:21pm
Don't know if anyone's mentioned this one yet.

https://www.billionsclub.com/

2PHASE - TARGETS 8%/5% - DRAWDOWN 5%/10% - 90% PROFIT SPLIT (why not 99%?) - Purple Trading - 27 reviews - prices are etc etc etc

The little animation scene they had on their website was priceless. I took a couple of screenshots. You can't make this stuff up.

The tablet trading Fembot from the Austin Powers Movie and the 12-year-old wonder boy trader.
Attached Image (click to enlarge)
Click to Enlarge Name: fembot.jpg Size: 191 KB


Attached Image (click to enlarge)
Click to Enlarge Name: boy.jpg Size: 108 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #18,198
  • Edited 4:57pm Jul 22, 2023 4:27pm | Edited 4:57pm
Quoting wansiman
{quote} This is called gambling learn to trade first Trading 10.5 lots is for morons
100K account FX majors with a 5-23 pip sl, I trade 9-40 lots @ 2% risk per trade during Phase 1... calculated gambling yes... but it works for me and likely Navk too. If you want to pass quickly, you do what you have to do. How you handle risk on the live account is the most critical thing for long-term prop survival.
  • #18,199
  • Jul 22, 2023 5:08pm Jul 22, 2023 5:08pm
Quoting Expo33
Don't know if anyone's mentioned this one yet. https://www.billionsclub.com/ 2PHASE - TARGETS 8%/5% - DRAWDOWN 5%/10% - 90% PROFIT SPLIT (why not 99%?) - Purple Trading - 27 reviews - prices are etc etc etc The little animation scene they had on their website was priceless. I took a couple of screenshots. You can't make this stuff up. The tablet trading Fembot from the Austin Powers Movie and the 12-year-old wonder boy trader. {image} {image}
I threw up a little in my mouth.
  • #18,200
  • Edited Jul 23, 2023 3:56am Jul 22, 2023 5:27pm | Edited Jul 23, 2023 3:56am
Quoting Expo33
Don't know if anyone's mentioned this one yet. https://www.billionsclub.com/ 2PHASE - TARGETS 8%/5% - DRAWDOWN 5%/10% - 90% PROFIT SPLIT (why not 99%?) - Purple Trading - 27 reviews - prices are etc etc etc The little animation scene they had on their website was priceless. I took a couple of screenshots. You can't make this stuff up. The tablet trading Fembot from the Austin Powers Movie and the 12-year-old wonder boy trader. {image} {image}
Uau, this arena is becoming too professional... on marketers.
61 traders viewing now