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Fundraising Methods for Traders

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  • Post #21
  • Quote
  • Feb 20, 2021 11:21pm Feb 20, 2021 11:21pm
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 422 Posts | Online Now
You'll do just fine if you have a few thousand dollars to invest in Forex. I'm not sure what your capital is, but I've been trading Forex for a while. I can teach anyone to be a successful trader in 1 day. I would be glad to help you. If you only have a few hundred dollars, you can still be successful, you just enter 10 cent trades and it will take many months for your account to build a nice profit. I subscribed to your account, so if you need help just message me. I'll be around :-).
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  • Post #22
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  • Feb 20, 2021 11:30pm Feb 20, 2021 11:30pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting TaoTrader
Disliked
You'll do just fine if you have a few thousand dollars to invest in Forex. I'm not sure what your capital is, but I've been trading Forex for a while. I can teach anyone to be a successful trader in 1 day. I would be glad to help you. If you only have a few hundred dollars, you can still be successful, you just enter 10 cent trades and it will take many months for your account to build a nice profit. I subscribed to your account, so if you need help just message me. I'll be around :-).
Ignored
Thanks bro. Starting next month I am in competition with a trader that is supposed to be super duper good and we are going to turn $875 into 52K for me and he is going to turn it into 1.28 million for himself in about 14 or 15 month.
If I need help, I'll let you know.
  • Post #23
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  • Feb 20, 2021 11:34pm Feb 20, 2021 11:34pm
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 422 Posts | Online Now
Quoting OutThere
Disliked
{quote} Thanks bro. Starting next month I am in competition with a trader that is supposed to be super duper good and we are going to turn $875 into 52K for me and he is going to turn it into 1.28 million for himself in about 14 or 15 month. If I need help, I'll let you know.
Ignored
Dang that's some serious cheese LOL. Let me know how that works out......no prob :-)
  • Post #24
  • Quote
  • Feb 20, 2021 11:52pm Feb 20, 2021 11:52pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting TaoTrader
Disliked
{quote} Dang that's some serious cheese LOL. Let me know how that works out......no prob :-)
Ignored
I'm sure you will see my posts from now on.
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  • Post #25
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  • Feb 21, 2021 12:07am Feb 21, 2021 12:07am
  •  BWilliam
  • Joined Jan 2020 | Status: Member | 973 Posts
Quoting OutThere
Disliked
Thanks bro. Starting next month I am in competition with a trader that is supposed to be super duper good and we are going to turn $875 into 52K for me and he is going to turn it into 1.28 million for himself in about 14 or 15 month. If I need help, I'll let you know.
Ignored
I'm waiting to see how a super genius trader turn a 20k account into 1.28million in 12 to 14months, a rare feat that beats them all on Wall Street.
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  • Post #26
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  • Feb 21, 2021 12:10am Feb 21, 2021 12:10am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting BWilliam
Disliked
{quote} I'm waiting to see how a super genius trader turn a 20k account into 1.28million in 12 to 14months, a rare feat that beats them all on Wall Street.
Ignored
That makes the two of us. Can't wait either. 8 more sleeps.
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  • Post #27
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  • Feb 21, 2021 12:16am Feb 21, 2021 12:16am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 422 Posts | Online Now
Quoting BWilliam
Disliked
{quote} I'm waiting to see how a super genius trader turn a 20k account into 1.28million in 12 to 14months, a rare feat that beats them all on Wall Street. {image}
Ignored
He said $875 into $52K. That seems like it would be difficult. But turning $52K into 1.28 million in 14 to 15 months is doable. I could do that myself LOL. I'd like to see how he turns the $875 into $52k though........what is the timeframe for that profit? If its within the same timeframe thats doable.
  • Post #28
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  • Feb 21, 2021 12:45am Feb 21, 2021 12:45am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting TaoTrader
Disliked
{quote} He said $875 into $52K. That seems like it would be difficult. But turning $52K into 1.28 million in 14 to 15 months is doable. I could do that myself LOL. I'd like to see how he turns the $875 into $52k though........what is the timeframe for that profit? If its within the same timeframe thats doable.
Ignored
Well, I have a whole thread going about that contest.
He challenged me to trade $875 of my money on my own while he gets "funded" by a funding company by enrolling in their program with a $875 entry fee.
So, I am going to make 52K which is equivalent to his being funded 1.28 million. Something like that.
Anyways, those targets and timelines are just projections. Aiming high is okay. I may not achieve anything like my goal but it will be fun trying.
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  • Post #29
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  • Feb 21, 2021 12:47am Feb 21, 2021 12:47am
  •  TaoTrader
  • Joined Dec 2009 | Status: Full Time Trader | 422 Posts | Online Now
Ah okay I see. Yes that's perfectly doable. If you need help I'm here like I said :-)
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  • Post #30
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  • Feb 21, 2021 10:47am Feb 21, 2021 10:47am
  •  BWilliam
  • Joined Jan 2020 | Status: Member | 973 Posts
Although this is essentially a QT podcast, there's some content about professional funding. 46min onwards is related to retail traders, although I recommend to spend the full hour listen to it complete. (I don't know if I break any rules pertaining to commercial content and if I do let me know within 24hrs I remove the link).
https://chatwithtraders.com/ep-207-rishi-narang/
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  • Post #31
  • Quote
  • Edited at 3:38pm Feb 21, 2021 3:27pm | Edited at 3:38pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 870 Posts
Quoting BWilliam
Disliked
{quote} I'm waiting to see how a super genius trader turn a 20k account into 1.28million in 12 to 14months, a rare feat that beats them all on Wall Street. {image}
Ignored
Hate to jump in here. It's quite simple though, every 10% they double my account. I thought I already explained this, I only need to earn approx. 47% in 12-14 months.
His 52K is withdrawable at that point, I simply will have a 1.28 million dollar account, which I can earn 2-3 % and after my split, be paid 12-18K/month. However, while he has earned 0 dollars as he will need to leave in the account to compound, I will have been paid 92K in profit splits during the 12-14 months. So, if he withdrawals his 52K at that point, I have earned 40K more PLUS I now have a 1.28 million dollar asset of which to earn 2-3% per month (1-1.5 after they take their cut). He will need to start over if he withdrawals. If he doesn't withdrawal, well then I have made 92K more plus I still have a 1.28 million dollar account and he ha a 52K account.
Is everyone following along yet?
  • Post #32
  • Quote
  • Feb 21, 2021 4:49pm Feb 21, 2021 4:49pm
  •  BWilliam
  • Joined Jan 2020 | Status: Member | 973 Posts
I read the 20k funding scheme for the first time. This is my interpretation.

1. Milestone target 1400 ------- max loss 800 ..... 175%
2. Milestone target 8000 ------- max loss 3200 ..... 250%
3. Milestone target 16000 ------- max loss 6400 ..... 250%
4. Milestone target 32000 ------- max loss 12800 ..... 250%
5. Milestone target 64000 ------- max loss 25600 ..... 250%

A cost base structure look like this,
Fees paid plus Milestone target ..... max loss
1. 875..... max loss 800
2. 875+1400-700=1575 .... max loss 3200
3. 1575+8000-4000=5575 ..... max loss 6400
4. 5575+16000-8000=13575 .... max loss 12800
5. 13575+32000-16000=29575 .... max loss 25600
6. 29575+64000-32000=61575.... max loss 51200

The trader literally funded himself.

To reach 51200 max loss, the trader has attained 175+(250*4)=1175% returns on max loss.

To achieve 1175% returns in 14months is a feat indeed. Let's see that feat documented as a special moment in FF history. Let the journey begin. Good luck.
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  • Post #33
  • Quote
  • Feb 21, 2021 5:13pm Feb 21, 2021 5:13pm
  •  BWilliam
  • Joined Jan 2020 | Status: Member | 973 Posts
A similar rate of return with no withdrawal of a self funded trader look like this,

1. 875+1531=2406 ..... 175%
2. 2406+6015=8421.... 250%
3. 8421+21025=29446 ..... 250%
4. 29446+73615=103061 ..... 250%
5. 103061+257652=360713 ..... 250%

The self funded trader does not have the 175% or 250% imposed max return ceiling. And he has the freedom to decide whatever withdrawal he wish.

Ofc these rate of return numbers look good on excel sheet.
1
  • Post #34
  • Quote
  • Feb 21, 2021 8:12pm Feb 21, 2021 8:12pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 870 Posts
Quoting BWilliam
Disliked
I read the 20k funding scheme for the first time. This is my interpretation. 1. Milestone target 1400 ------- max loss 800 ..... 175% 2. Milestone target 8000 ------- max loss 3200 ..... 250% 3. Milestone target 16000 ------- max loss 6400 ..... 250% 4. Milestone target 32000 ------- max loss 12800 ..... 250% 5. Milestone target 64000 ------- max loss 25600 ..... 250% A cost base structure look like this, Fees paid plus Milestone target ..... max loss 1. 875..... max loss 800 2. 875+1400-700=1575 .... max loss 3200 3. 1575+8000-4000=5575 ..... max...
Ignored
Once again, you folks who are anti- prop, simply compare the DD of the prop with the entire 100% balance of the personal account. This is not apples to apples. You are assuming 100% DD is allowed in the personal account. Bottom line is this, I pay $875, they give me $20K account. AS LONG AS I RESPECT THE DD RULE, I earn a return of the 20K not $875. I hit 7%, they give me 80K, then double every 10%. Once again, if I can earn 47%, I will have a 1.28 million dollar asset. It is not my money. However, I can earn 2-3% of that 1.28 million, and after my split is 12-18K/month

Are you trading the same size positions on the $875 account as I am on the $20K account?
  • Post #35
  • Quote
  • Feb 21, 2021 8:53pm Feb 21, 2021 8:53pm
  •  failinforex
  • Joined Mar 2015 | Status: i have to Carry On | 540 Posts
There you go for FUND RAISING METHOD selling roti prata - flip here flip there to help your neighbor build a castle in the air.
1
  • Post #36
  • Quote
  • Feb 21, 2021 9:35pm Feb 21, 2021 9:35pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting pipmaster77
Disliked
{quote} Once again, you folks who are anti- prop, simply compare the DD of the prop with the entire 100% balance of the personal account. This is not apples to apples. You are assuming 100% DD is allowed in the personal account. Bottom line is this, I pay $875, they give me $20K account. AS LONG AS I RESPECT THE DD RULE, I earn a return of the 20K not $875. I hit 7%, they give me 80K, then double every 10%. Once again, if I can earn 47%, I will have a 1.28 million dollar asset. It is not my money. However, I can earn 2-3% of that 1.28 million, and...
Ignored
What size positions are you trading on your $20K account?

You have approximately 1 lot to trade on your 20K account. Actually less since you have $800 to play with. Actually less since you will be getting emails like ES got when approaching your dd limit.
  • Post #37
  • Quote
  • Feb 21, 2021 9:37pm Feb 21, 2021 9:37pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 870 Posts
Quoting OutThere
Disliked
{quote} What size positions are you trading on your $20K account? You have approximately 1 lot to trade on your 20K account. Actually less since you have $800 to play with. Actually less since you will be getting emails like ES got when approaching your dd limit.
Ignored
So are you trading 1 lot trades on your $875 account?
See, it's not the same.
  • Post #38
  • Quote
  • Edited Feb 22, 2021 9:10am Feb 21, 2021 9:44pm | Edited Feb 22, 2021 9:10am
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
Quoting pipmaster77
Disliked
{quote} So are you trading 1 lot trades on your $875 account? See, it's not the same.
Ignored
I'll trade whatever I want. Remember, I have no restrictions or rules set upon me.
I actually have adopted one restriction already to be on par with you; that is the size of the deposit ($875) and that is already bad enough.
  • Post #39
  • Quote
  • Feb 21, 2021 10:13pm Feb 21, 2021 10:13pm
  •  BWilliam
  • Joined Jan 2020 | Status: Member | 973 Posts
Quoting pipmaster77
Disliked
Once again, you folks who are anti- prop, simply compare the DD of the prop with the entire 100% balance of the personal account. This is not apples to apples. You are assuming 100% DD is allowed in the personal account. Bottom line is this, I pay $875, they give me $20K account. AS LONG AS I RESPECT THE DD RULE, I earn a return of the 20K not $875. I hit 7%, they give me 80K, then double every 10%. Once again, if I can earn 47%, I will have a 1.28 million dollar asset. It is not my money. However, I can earn 2-3% of that 1.28 million, and...
Ignored
For starters I am not anti-prop. My 2 posts illustrates the math.

One step back, The5ers is not the prop shop you think they are. It's a pyramid system company and traders are not prop traders. Imv.

Does it matter though if you actually trade real investors funds?

No, so long as you got paid more than you pay.

When you claim you can attain 1175% returns within 14 month, thats got nothing to do with The5ers. It's a cocky claim that try to put down other members to show your superior standing, the same imaginary superior stand you have as a trader when you qualify for The5ers scheme. Both The5ers and FTMO threads are infested with cocky super genius traders.

So let your 14months journey begin in 7 more sleeps, and at the end of this 14months you may use this 1175% rate of return to slap us average Joe traders.
1
  • Post #40
  • Quote
  • Feb 21, 2021 10:47pm Feb 21, 2021 10:47pm
  •  OutThere
  • Joined Aug 2018 | Status: Member | 2,355 Posts
We should actually be discussing matters to do with the contest between pipmaster77 and I here-->>>> https://www.forexfactory.com/thread/...5#post13413385
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