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Quoting martinez1
{quote} Yess, and after that your 200k personel account will turn to 400k, 800k 1.6m, 3.2mil, 6.4 mil, 12mil e.tc How will be doing when you you can close one trade with over 200k in profit or loss consistently? what will be your daily leaving style be like when you can make over 600k in a single withdrawal? ...... Just asking Cheers
Hmmmm..............I wonder what kind of slippage one experiences when trading in sizes that generate a 200K gain or loss? Certainly one is not scalping 1000 lots for 20 pips?
I wonder if the market "slips you to hell" so to speak?
”Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” — C.S. Lewis
Equality will be the next big thing in trading
Quoting navk
{quote} In my personal opinion, monty needs to reduce risk appetite. Longivity is important.
Yes i agree but when he get's he's 200k personal trading account then he can reduce to his safety net were one loss or serial of losses wont
trigger what i called the 3 demons in him. My personal take though.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting pipmaster77
{quote} Hmmmm..............I wonder what kind of slippage one experiences when trading in sizes that generate a 200K gain or loss? Certainly one is not scalping 1000 lots for 20 pips? I wonder if the market "slips you to hell" so to speak?
Not if you put split into 100 lots each.
Quoting martinez1
{quote} Yess, and after that your 200k personel account will turn to 400k, 800k 1.6m, 3.2mil, 6.4 mil, 12mil e.tc How will be doing when you you can close one trade with over 200k in profit or loss consistently? what will be your daily leaving style be like when you can make over 600k in a single withdrawal? ...... Just asking Cheers
buddy i already have a low 6 figures personal account that i built from scratch like starting from 3k in 4years....... I hardly take 1-2 trades a week there. Nervously sweaty with a 0.1% risk trade over there...... My Aim is to go fulltime Trading. The number i am looking for is 500k tradeable account..... which i believe according to my calculations will take 3-5 years more if i go with same pace.
prop firms payouts will highly fast track this process coz i risk more to make more in the end only gonna lose 700$ which is also coming from the payouts. So its risk free for me.....
Extreme gut feeling trader
Quoting sampat
{quote} Not if you put split into 100 lots each.
Sharp Guy..... Kudos
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting pipmaster77
{quote} Hmmmm..............I wonder what kind of slippage one experiences when trading in sizes that generate a 200K gain or loss? Certainly one is not scalping 1000 lots for 20 pips? I wonder if the market "slips you to hell" so to speak?
not sure if you familiar with aussi thread on metalsmine (sister site). THere are some MONSTER TRADERS OVER THERE likes of @digger, @ced74, @joker and @aussie himself their screenshots always show multiple 100lots of trades on GOLD
Extreme gut feeling trader
Quoting montygoldy
{quote} buddy i already have a low 6 figures personal account that i built from scratch like starting from 3k in 4years....... I hardly take 1-2 trades a week there. Nervously sweaty with a 0.1% risk trade over there...... My Aim is to go fulltime Trading. The number i am looking for is 500k tradeable account..... which i believe according to my calculations will take 3-5 years more if i go with same pace. prop firms payouts will highly fast track this process coz i risk more to make more in the end only gonna lose 700$ which is also coming from...
Yes, i totally agree with you, make money from them and get your account funded to the tune you want. you won't lose more than a little fraction.
if an average 200k account is 1k dollars, then you have made 30 times that fee. Kudos
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting montygoldy
{quote} not sure if you familiar with aussi thread on metalsmine (sister site). THere are some MONSTER TRADERS OVER THERE likes of @digger, @ced74, @joker their screenshots always show multiple 100lots of trades on GOLD
Wow!!!! please can you share the link? i love to see those guys and get one or two ideas. Thanks for letting me know am so grateful.
More green pips to us all.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting montygoldy
{quote} i think they have 2% stop loss rule per trade..
Yes they do which is no real bother to me as I don't ever risk more than 1% per trade.

They also have a "consistency" rule for lot sizing, but I don't see that as a major issue for me either.

At least they have a visible CEO who isn't some teenage IG influencer flashing lambos.

They look pretty good otherwise, so wondering if anyone else has tried them yet.
Truth is like poetry. And most people f*cking hate poetry.
Quoting martinez1
{quote} Yes, i totally agree with you, make money from them and get your account funded to the tune you want. you won't lose more than a little fraction. if an average 200k account is 1k dollars, then you have made 30 times that fee. Kudos
nope i bought all the challenges below 700$ for 200k monster discounts always
Extreme gut feeling trader
Quoting martinez1
{quote} Wow!!!! please can you share the link? i love to see those guys and get one or two ideas. Thanks for letting me know am so grateful. More green pips to us all.
https://www.metalsmine.com/thread/93...t-to?page=3313
Extreme gut feeling trader
Quoting montygoldy
Good news guys… {image}
This is good news brother. Keep us posted till this money hits your account.
Love Cars & Money !
Thankyou Monty, i appreciate. More green pips to us all
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
Quoting mrdfx
{quote} Yes they do which is no real bother to me as I don't ever risk more than 1% per trade. They also have a "consistency" rule for lot sizing, but I don't see that as a major issue for me either. At least they have a visible CEO who isn't some teenage IG influencer flashing lambos. They look pretty good otherwise, so wondering if anyone else has tried them yet.
I'm using them right now. Have not got to payout yet trying input to too many manual trades across too many brokers is killing me. Spreads are ok (not 5 ers ok but ok) execution is good and in the discord, I haven't heard of any complaints at all. I like it so far. 2% rule, consistency and when you become funded you have to place one trade every 30 days at least are the things that stand out. Also, you can opt for a 90 or a 100 % payout and you can also opt for a payout every 7 days but those things are extra unless you catch a discount which they have every month.
Quoting montygoldy
Good news guys… {image}
congratulations... lets go for the interview, we all wanna hear your story!!
Quoting sampat
{quote} Not if you put split into 100 lots each.
You should totally expect to receive slippage at 100 lots (assuming a standard contract sizing). What kind of CFD order book just has 100 lots sat there at the top of the book to give an instant fill?

Prop trading has given a totally distorted sense of what actually happens in the real markets. There aren't retail CFD traders sat there with fully funded $200,000 trying to scalp in and out with 100 lots.
Quoting PropDude1234
{quote}You should totally expect to receive slippage at 100 lots (assuming a standard contract sizing). What kind of CFD order book just has 100 lots sat there at the top of the book to give an instant fill? Prop trading has given a totally distorted sense of what actually happens in the real markets. There aren't retail CFD traders sat there with fully funded $200,000 trying to scalp in and out with 100 lots.
Most of CFD's are B-Booked they are not live market. Even if you go to CFTC's favorite Forex.com (Gain capital). They don't put A-Book anything.
FYI they have made 50 million when EUR/CHF peg was removed as almost all client holding EUR/CHF near 1.2 level got stopped out and they made money
So called regulatory body did nothing at the same time A-Booked FXCM got bankrupt almost about to loose client deposits but surprisingly Big daddy Forex.com took over all their clients.
Quoting PropDude1234
{quote}You should totally expect to receive slippage at 100 lots (assuming a standard contract sizing). What kind of CFD order book just has 100 lots sat there at the top of the book to give an instant fill? Prop trading has given a totally distorted sense of what actually happens in the real markets. There aren't retail CFD traders sat there with fully funded $200,000 trying to scalp in and out with 100 lots.
Yeah....that was my entire point. Delusions of grandeur
Quoting martinez1
{quote} Yess, and after that your 200k personel account will turn to 400k, 800k 1.6m, 3.2mil, 6.4 mil, 12mil e.tc How will be doing when you you can close one trade with over 200k in profit or loss consistently? what will be your daily leaving style be like when you can make over 600k in a single withdrawal? ...... Just asking Cheers
same living like before when you only have 50-100k a month wins. most trader dont change a lot, most who do it consistent are not this type of person and money fixed, more for the process. you buy maybe any month a house or give more to your family. but you are this good because of the style you live (its part of the game).

but trust my words: most people who write they earn millions are often liars. until you have seen their private account performance in real (not picture) for some years past time, dont believe anyone one word. many fake simple they win big, so someone will write to them and they fake coach them and so on. 99% is total fake in forex and 99,999 % in crypto. and like when someone say he earns big and still is in props, just laugh about this person and know thats simple fun faker, and so are some more easy to see signs if someone is doing big and good or still in try to find a way.
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