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  • #26,801
  • Nov 30, 2023 10:32pm Nov 30, 2023 10:32pm
Quoting Ds234
{quote} Would you mind sharing how you personally identify a trend?
Short term trend --> Daily to 4h to 2h to 1h buy at support and sell at resistance... and take whatever market gives dont be greedy.... its more about discipline cut losers fast.
Extreme gut feeling trader
  • #26,802
  • Edited Dec 1, 2023 12:26am Nov 30, 2023 10:35pm | Edited Dec 1, 2023 12:26am
These prop firms be it futures or forex. They all seem to have their downside and positives. Since July Topstep did try to eradicate Apex by adjusting to 50% consistency rules and lower prices along with its EOD model. Dropping 2 min day in eval and removing its eval period to 1 stage. Its clear these prop firms are getting more desperate even futures prop firms lately to get the gamblers. To be honest bothersome. Havent looked into Earn2Trade lately but guessing they are still among the more serious ones reliable even if their founder got fraud accusations on him related to binary options...

So right now even in futures prop firms theres a battle who can get the most gamblers to their platforms. Its a worrying sign for the future without a doubt if one looks at prop firms for long term investment which isnt very wise to do. But still.

I mean lately they all seem to push it harder to squeeze the gamblers all prop firms. From history like what happened in the poker industry it means total collapse incoming for the gambler focused prop firms. I hope im wrong tho tbh. But its almost as if they know something is up, like when forex prop firms changed to unlimited and just some weeks before MFF case happened as if they all knew along with some other dude CEO kid getting fraud charges same time. But just some weeks before that all forex prop firms suddenly tried to introduce more kinder rules out of nowhere. Since they are so caring for the gamblers.
  • #26,803
  • Edited Dec 1, 2023 12:21am Nov 30, 2023 10:40pm | Edited Dec 1, 2023 12:21am
Quoting montygoldy
{quote} Short term trend --> Daily to 4h to 2h to 1h buy at support and sell at resistance... and take whatever market gives dont be greedy.... its more about discipline cut losers fast.
I know I might sounded harsh on you in last post. But if your method gives you profit even if you lose 10 accounts and 1 prop firm maybe provides payouts. Then good for you mate. We all have our systems. But since many view this forum and newbies such as indians and those from bangladesh sees it and thinks oh I can invest my last dimes and use that method. Or that guy who used to write here who was in 500k in debt or something and kept trying. Yea ofc being as a samaritan I must warn people. Greed is quite some abyss and to be careful of.
  • #26,804
  • Dec 1, 2023 12:03am Dec 1, 2023 12:03am
Quoting labu
{quote} I know I might sounded harsh on you in last post. But if your method gives you profit even if you lose 10 accounts and 1 prop firm maybe prpvides payouts. Then good for you mate. We all have our systems. But since many view this forum and newbies such as indians and those from bangladesh sees it and thinks oh I can invest my last dimes and use that method. Or that guy who used to write here who was in 500k in debt or something and kept trying. Yea ofc being as a samaritan I must warn people. Greed is quite some abyss and to be careful of....
Just to add i dont lose 10 accounts as i dont take nonsense risks like 3-4% per trade. The thing is before prop firm i used to flip 1k to 10k or 25k or 55k yes you read it right with the explorer proofs just to spice up my trading lifestyle otherwise its kinda boring. For proofs check my screenshot not bragging just being transparent as i post my views more on cable thread just for pure motivation and i used to get motivated as well as hunger to learn and trade like champion. Now after 5 plus years what i learnt is DISCIPLINE IS EVERYTHING. Strategy doesn’t matter in my early years as like others i searched for holy grails or signals or courses n everything. But as time passed what i learnt keep trading simple with clean charts n price action you’ll find so many opportunities with experience like easy money.

when i started prop firm i came with the same mentality like my flipping accounts which was obviously wrong. Amazing trader once said TRADING IS ALL ABOUT PROBABILITY. You’ll win and lose but plan the bigger picture. Like everyone i used to hold my losers hoping they will revert and boom like that blown alot of deposits. Thats why i always take challenges in a bunch COZ its a probability for me and with each batch my win ratio to get funded increases coz i learn from mistakes quickly and dont repeat them.

THE THING IS i am NOT INTERESTED INCOURSES OR ANY INVESTMENT THINGY nor do i promote AS I DONT HAVE TIME AND I DO TRADING AS A HOBBY. So i dont have the energy to go into those coz moneywise i am doing like pretty god damn good coz of my hardwork as a SOFTWARE ENGINEER which is my priority.

NOTE: i purely trade from my phone with simple metatrader4 thats it dont have any fancy monitor setup just a macbook pro for work.
Extreme gut feeling trader
  • #26,805
  • Dec 1, 2023 12:09am Dec 1, 2023 12:09am
need help for crypto payout is that any video related ? please share
thank you
  • #26,806
  • Dec 1, 2023 12:10am Dec 1, 2023 12:10am
Quoting HengkiTjen
need help for crypto payout is that any video related ? please share thank you
go ask in discord they provide all the details.
Extreme gut feeling trader
  • #26,807
  • Dec 1, 2023 12:16am Dec 1, 2023 12:16am
Quoting montygoldy
{quote} go ask in discord they provide all the details.
propfirm related chanel?
  • #26,808
  • Dec 1, 2023 12:25am Dec 1, 2023 12:25am
Quoting HengkiTjen
need help for crypto payout is that any video related ? please share thank you
The process depends:
a) On the firm and where you are going to receive the money
b) Address where you want to receive the money, if you are using a self custody crypto address or an exchange like Coinbase or Binance
c) The coin you chose (BTC, USDT, ETH, etc.)
  • #26,809
  • Dec 1, 2023 12:28am Dec 1, 2023 12:28am
Quoting pipmaster77
{quote} Oh good another scammy firm run by 20 year olds, can't wait to join!!!!!!
Some kids made a website and paid their fees to the usual prop firm pimps. But don't worry they make content and have followers

Profit Targets 10% and 5%, shitty prices, STINKmarkets.

Co-Founder and CEO's profile picture on Twitter.
Attached Image (click to enlarge)
Click to Enlarge Name: kid.png Size: 51 KB

Seriously, what could go wrong?
Pride always comes before destruction.... -Proverbs 16:18
  • #26,810
  • Dec 1, 2023 12:46am Dec 1, 2023 12:46am
Quoting montygoldy
{quote} Just to add i dont lose 10 accounts as i dont take nonsense risks like 3-4% per trade. The thing is before prop firm i used to flip 1k to 10k or 25k or 55k yes you read it right with the explorer proofs just to spice up my trading lifestyle otherwise its kinda boring. For proofs check my screenshot not bragging just being transparent as i post my views more on cable thread just for pure motivation and i used to get motivated as well as hunger to learn and trade like champion. Now after 5 plus years what i learnt is DISCIPLINE IS EVERYTHING....
but trading should be boring, good traders even want it boring. boring is a sign you get on right path and you leave this ?
what was the problem to trade own account to some millions and then go further each year? boring slow step by step, more easy with low failure rate impossible.

doing what is not boring is often what produce wrong emotions. boring it gets in trading because it gets easy when you get better and better, like in any job. now its time to take the fruits from it by just do it more and more.
  • #26,811
  • Dec 1, 2023 1:08am Dec 1, 2023 1:08am
Quoting Trader191
{quote} but trading should be boring, good traders even want it boring. boring is a sign you get on right path and you leave this ? what was the problem to trade own account to some millions and then go further each year? boring slow step by step, more easy with low failure rate impossible. doing what is not boring is often what produce wrong emotions. boring it gets in trading because it gets easy when you get better and better, like in any job. now its time to take the fruits from it by just do it more and more.
Missing the context again i am comparing flipping small account deposits with prop firms not in trading as a whole. Again flipping 1k to 1 million sure it will take 10 or maybe 20 years for me. And in the end i am explaining my discipline, emotiions and mindset not a ADVICE FOR OTHERS TO FOLLOW.There is a SAYING WORK SMART NOT HARD (in both cases you’ll achieve your goal its the length of TIME)
Extreme gut feeling trader
  • #26,812
  • Dec 1, 2023 1:16am Dec 1, 2023 1:16am
Quoting Capablanca
{quote} The process depends: a) On the firm and where you are going to receive the money b) Address where you want to receive the money, if you are using a self custody crypto address or an exchange like Coinbase or Binance c) The coin you chose (BTC, USDT, ETH, etc.)
thanks Capablanca i figured it out
  • #26,813
  • Dec 1, 2023 1:18am Dec 1, 2023 1:18am
okay guys i sure many trader better than me
i not showing off, just wanna you guys be a witness this process payout .
thank you
Attached Image (click to enlarge)
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  • #26,814
  • Dec 1, 2023 1:25am Dec 1, 2023 1:25am
Quoting montygoldy
{quote} Missing the context again i am comparing flipping small account deposits with prop firms not in trading as a whole. Again flipping 1k to 1 million sure it will take 10 or maybe 20 years for me. And in the end i am explaining my discipline, emotiions and mindset not a ADVICE FOR OTHERS TO FOLLOW.There is a SAYING WORK SMART NOT HARD (in both cases you’ll achieve your goal its the length of TIME)
i did not calculate with the 1k starting when you wrote with earned 50k ...

main text was, that trading should be boring. thats good sign for running well.

but the problem with the quote : work smart not hard!
you can do risky want money fast or with very low risk get money near sure slow. so its always a trade off between how good is your chance to get to your goal against how fast you want it. hard work helps extrem, smart helps by design how to work - but still hard work needs to be done after design what to do for get very successful.
  • #26,815
  • Dec 1, 2023 1:28am Dec 1, 2023 1:28am
Quoting HengkiTjen
okay guys i sure many trader better than me i not showing off, just wanna you guys be a witness this process payout . thank you {image}
That's a great payout. Congratulations mate !

Let us know when you received it and ng did it take.
  • #26,816
  • Dec 1, 2023 1:33am Dec 1, 2023 1:33am
Quoting HengkiTjen
okay guys i sure many trader better than me i not showing off, just wanna you guys be a witness this process payout . thank you {image}
good job keep’em coming every 2 weeks…
Extreme gut feeling trader
  • #26,817
  • Dec 1, 2023 1:34am Dec 1, 2023 1:34am
Quoting HengkiTjen
okay guys i sure many trader better than me i not showing off, just wanna you guys be a witness this process payout . thank you {image}
you can calculate how many people needed to lose the fees for that you can win, when they pay out around 20% of the earned fees inside props.
so you are good.
  • #26,818
  • Dec 1, 2023 1:36am Dec 1, 2023 1:36am
Quoting Trader191
{quote} i did not calculate with the 1k starting when you wrote with earned 50k ... main text was, that trading should be boring. thats good sign for running well. but the problem with the quote : work smart not hard! you can do risky want money fast or with very low risk get money near sure slow. so its always a trade off between how good is your chance to get to your goal against how fast you want it. hard work helps extrem, smart helps by design how to work - but still hard work needs to be done after design what to do for get very successful....
thats what i was doing apart from my main accounts. I flip 1k to many many dollars in minimum period of time which is thrilling and entertaining for me. The best i did was 2k to 55k in 13 trading days. I did it not one or twice many many times here. Smart doesn’t mean nonsense risk instead controlled risk with alot of factors….
IN THE END SHARING MY EMOTIONS AND OPINIONS NOT A ADVICE
Extreme gut feeling trader
  • #26,819
  • Dec 1, 2023 1:36am Dec 1, 2023 1:36am
Quoting Trader191
{quote} you can calculate how many people needed to lose the fees for that you can win, when they pay out around 20% of the earned fees inside props. so you are good.
i aware of that
  • #26,820
  • Dec 1, 2023 1:37am Dec 1, 2023 1:37am
Quoting Capablanca
{quote} That's a great payout. Congratulations mate ! Let us know when you received it and ng did it take.
sure Capablanca
thank you
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