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Samson85 replied Aug 24, 2018People blow accounts due to poor risk management. With prop funds you have 0 choice but to use risk management because it's fixated in the lots available
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018The main purpose of the thread is to stop people losing money. I have seen someone lose 25k this week and it hurt. Retail traders need to use funds they can afford to lose or trade other peoples money which will force them to take a more ...
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Hahahahahahahah are you kidding? Support and resistance. That's the funniest thing I heard in forex!!!
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Wow I didn't know SMB offered this model as they accross as a very good firm. They were on wall street warriors and rose to fame but they do every good videos on YouTube. Thanks for sharing
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Yep that's sounds like a plan to be fair and a good option. So basically use them to make money then go solo. If you have the ability to get the 1 mill account what do you do?
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018It's all done from home. Sorry let me add that in thread. Thanks
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Thank you for sharing the info on AxiSelect or FixiSelect . I hope it proves useful to retail traders not risking their lively hood.
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018It depends on you. On the blufx website you can see Trac records of some of the traders and an also read the story of how someone got the million pound account.
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018One of the companies is Fca regulated so it's 100% not a scam as they would not risk their license. They are clearly making money of your fees and also on splitting the profits. Their brokers would not go near them if it was a scam and if it was ...
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018I think its something that 95% of retail traders should be using because it is very little risk on you with very huge rewards. The fact that you can get a 1 mill account if you are successful says it all. Trading a 1 mill account and making 1-3% per ...
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018The money has to be real as they need to go through a legal broker. For example Samuel and CO use Axitrader which is a FCA regulated broker.
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Firms will get 50% of your split You dont use leverage - You get 1.5 lots which is basically $15 a point You can only lose a max of 10% of the account Psychologically it is less impacting and makes trading easier hence why these prop firms make money ...
Prop firms offering retail traders trading accounts -Risk free
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Samson85 replied Aug 24, 2018Hello All, Please read my new thread where I explain which prop firms offer retail traders trading capital for a monthly fee which means you will never ever blow your personal bank account or be in debt. It is risk free and you dont account for any ...
Fundamental Trading Always beats Technical Trading 100%
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Samson85 replied Aug 24, 2018Yikes. TBH you should not have held that overnight. I saw the same thing happen last year with the NZD madness. Quick reversal overnight.
Fundamental Trading Always beats Technical Trading 100%
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Prop firms offering retail traders trading accounts -Risk free
Started Aug 24, 2018|Recycle Bin|136 replies
Hello everyone, I have decided to write this due to retail traders thinking they have to trade ...
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Samson85 replied Aug 24, 2018Mate this is the worse time to be trading fundamentals as there is no straight direction. Fed hikes are coming, but will that be enough to keep buying USD. The only move which I wish I had traded was that political mess with AUD.
Fundamental Trading Always beats Technical Trading 100%
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Samson85 replied Aug 24, 2018Dovish fed but tbh it seems he is backing down to trump fed powell
Fundamental Trading Always beats Technical Trading 100%
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Samson85 replied Aug 24, 2018The main reason for dollar strength to kick back in is that only US are hiking rates hence dollar strength this year.
Fundamental Trading Always beats Technical Trading 100%
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Samson85 replied Aug 23, 2018Still in the trade now and it's been a week. Hoping for a dollar push up on this.
Fundamental Trading Always beats Technical Trading 100%