- Search Metals Mine
- Nsak3y replied Feb 16, 2023
-Did you happen to see all of the comments being made here about this firm, and also by member quinotaur? If you check out the firm's about page, you will see that name again. Needless to say, this firm has red flag written all over it.
Prop Firm Hub
- Nsak3y replied Feb 15, 2023
-It is easy to make profits in trading. Learning how to not lose those profits is the difficult part. Trading is about managing risk, not about hitting personal records. As such, in my opinion, it is usually better to take profits when you can and ...
Prop Firm Hub
- Nsak3y replied Feb 15, 2023
-Maybe. But a firm that does not require traders to place more than one trade (or trade more than one day) in order to pass their challenges, could potentially expose themselves to greater risk (and less profit), and with that, could eventually have ...
Prop Firm Hub
- Nsak3y replied Feb 15, 2023
-I try to think about this objectively, from both perspectives. If a trader is generating the bulk of their profit in one or two trades, then it would be difficult to gauge whether or not the trader actually knew what they were doing, or was just ...
Prop Firm Hub
- Nsak3y replied Feb 15, 2023
-I think that this goes without saying. But rules are also rules. If a firm has rules that you do not agree with, then do not trade with them. Simply put. But I do not think that anyone here is naive to think that these firms are actually looking ...
Prop Firm Hub
- Nsak3y replied Feb 15, 2023
-In my opinion, requiring traders to show some consistency during the challenge phases is reasonable. It serves as a filter to prevent gambling and also ensures that they are on-boarding good traders, and not lucky traders. Whether or not a firm is ...
Prop Firm Hub
- Nsak3y replied Feb 13, 2023
-Bitcoin addresses to do not expire. You can check the blockchain to see if it has reached their address. The owner of the address should be able to access it. If they are claiming that they destroy the keys for accessing the address, then they are ...
Prop Firm Hub
- Nsak3y replied Feb 12, 2023
-They consider it as lot exposure, so total sum of lots on an instrument. I had to ask them several times in order to get clarification on this when I spoke with them about it several months ago. However, as previously-mentioned, I was told that ...
Prop Firm Hub
- Nsak3y replied Feb 12, 2023
-Probably, but the way that I have it coded, it would require a lot of work to change it. I simultaneously run 6 windows inside of metatrader, that are all vertically-tiled, and I have no problems with it. If you are running only between 1 to 3 ...
Prop Firm Hub
- Nsak3y replied Feb 12, 2023
-No matter which firm you choose, the lot sizes will always be limited by your account size. But regarding the lot size consistency, this should not be required if you select the options for that. I was not aware of the refund rule; this must be ...
Prop Firm Hub
- Nsak3y replied Feb 12, 2023
-This option would need to be coupled with the no daily draw-down option for best results, I think. But when doing that, you would need to compare it to something like a 100k account at other firms, probably. Then there is the added benefit of being ...
Prop Firm Hub
- Nsak3y replied Feb 11, 2023
-Okay. I see many people here complaining about slippage when trading with these prop firms. I have made a simple trade panel for MT5, that will hopefully help with that. This trade panel uses limit entry orders by default, as well as allows you to ...
Prop Firm Hub
- Nsak3y replied Feb 9, 2023
-It may not be wise nor easily repeatable, but it is certainly possible.
Prop Firm Hub
- Nsak3y replied Feb 9, 2023
-This seems to apply to so many things, even outside of trading. -Maybe. I think the best approach still, is to stay under the radar if you are a good trader.
Prop Firm Hub
- Nsak3y replied Feb 9, 2023
-You knew the situation and what the trading conditions were like. You also knew the rules. You also knew that trading so aggressively comes with great risk. This is not about fairness, it is about facing reality. At this point, you either believe ...
My Forex Funds - Discussion/Q&A