Prop Firm Hub

Quoting pipmaster77

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{quote} I made $550 yesterday on my BG accounts with 1 micro on gold and 1 micro on DOW.....it allows for very wide SL and a DCA or two. Plus, the added benefit of leaving my chair and not staring at the screen with my finger on the button.

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Quoting Sherlock

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{quote} 100% true. Unrealistic expectation is probably the main reason to mess thing us psychologically. I guess my strategy will fail to maintain 50% win rate or 1:2.75 RR or I will mess thing up by not following the strategy which I am getting better at though.

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Quoting _BBKing_

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{quote} looks like you better use a lower size! 1 mini is really a lot imo. i was just checking today in the morning if i could apply my strategy on gold, and i came to a possible size around 1/2 micros. maybe 3 micros adding on a correct tradea furhter entry. i don t trade gold since ages btw, maybe these days there is also increased volatility. I see 10$ moves in just a 5 minute candle… looks kind of large if using 1 mini would mean 1k profits or loss in just a candle. Good if you get the correct entry but as you know, it s not always like that....

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Quoting Sherlock

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{quote} Well statistically possible since I do get more than 8 trades in a week. With 50% win rate and 1:2.75 RR, it's very possible. But yes it seems a lot of gain even though I am willing to risk only 1k which is just 2% of 50k. But even though statistically it's very doable, there will be some weeks where I will get 5 consecutive losses and profit will be less or there will weeks with net loss. In average, it should gain 14% though weekly mathematically.

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Quoting montygoldy

Disliked

{quote} Aahh yeah the reason i dont play around with size is keeping it consistent... SInce the inception of this account i used 1 mini for each nn every trade never DCa'ed or increased.... Thats 1 mini is the go to number coz its not way too less so i have to add to the position.... Yeah thats why 10$ sl always for me in asia specifically but last few days volatility being crazy........I dont try to catch top or bottom in gold (i promise it'll smoke your account coz it doesnot respect it once its going up it goes up without any break) instead i...

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Quoting pipmaster77

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{quote} I just googled them. However, I will be joining you in your endeavor......$35 for $400....why not?

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Quoting josh1111

Disliked

{quote} Did you read the rules? Super vague, can't loose more than 2% on any trade idea. Seems like WemasterTrades reserve the right to deny payment for whatever reason they feel like.

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Quoting josh1111

Disliked

{quote} Did you read the rules? Super vague, can't loose more than 2% on any trade idea. Seems like WemasterTrades reserve the right to deny payment for whatever reason they feel like.

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Quoting pipmaster77

Disliked

{quote} Yeah, but it's 2% of 10K, so $200, I won't risk that on a $400 max loss, it's half.

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Quoting Expo33

Disliked

{quote} If that were the case you'd be hearing about on Trust Pilot for sure. 1300 reviews only 4% 1 Star

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Quoting Expo33

Disliked

{quote} I'm using the instant funding plan. I paid $35 for a 10K ($400 of drawdown for $35) Here's what a 100K looks like: {image} Of course there is a catch. You can't just pay $340 and get $4000 of drawdown without some strings. All the other companies would be charging like $3000 1) 2% Max Daily Loss 2) 4% Max Total Loss 3) 6% Profit Target 3) 20% profit consistency -Just keep profit to no more than 1K in a day and your good. Best day of 1K divided by the 6K profit target gives you a 16.6% consistency. 4) First payout is 50%, second payout is...

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Quoting sampat

Disliked

{quote} Any reason to choose standard instead of 51010 with same price (more DD and target 10% instead of 4%).

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Quoting josh1111

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{quote} What am I missing? When I look at the $10K instant{image} it shows $70 not $35?

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Quoting Expo33

Disliked

{quote} I don't know I was only interested in the instant funded acct. Plus all those numbers have me a headache

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Quoting montygoldy

Disliked

{quote} It my BS stupidness.. --> First opened a long trade for 2$ profit with 1 mini on gold --> It went up till 170$ before spiking down to hit my stop loss of 250$.... NExt trade revenge to just to break even same thing it went up 80$ then hit my stop loss of 250$.... Now at this point i became conscious too and added tight stop losses and gold said hold my beer and hit my stop loss of 200$ again n again and before flying....... Mofo look at hold time.... literally seconds .. If i had my usuall 10$ stop loss then the first trade should have done...

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Quoting sampat

Disliked

{quote} 51010 is also an instant funded with same cost but higher target (10% with allowed 10% DD)

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Quoting sampat

Disliked

{quote} 51010 is also an instant funded with same cost but higher target (10% with allowed 10% DD)

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Quoting fxpider

Disliked

{quote} They have too many interlinked rules to make the life complex. Please compare the rules carefully depending on the package Risk consistency rules (varies and linked with profit sharing rules) Profit consistency rules ( linked with payout) Profit sharing rules (linked with DLB, Risk consistency, profit %) Profit target ( It's always a headache, linked with profit share rules). Leverage (varies) {image}

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Quoting fxpider

Disliked

{quote} They have too many interlinked rules to make the life complex. Please compare the rules carefully depending on the package Risk consistency rules (varies and linked with profit sharing rules) Profit consistency rules ( linked with payout) Profit sharing rules (linked with DLB, Risk consistency, profit %) Profit target ( It's always a headache, linked with profit share rules). Leverage (varies) {image}

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