Prop Firm Hub

I have this problem too.

Funding forex accounts with Master cards issued from Canada are blocked always.

However, my challenge fees to FXIFY gone thro from Canadian issued Master credit card

Hello, does anyone have experience using match trader? I live in Europe and have a myfundedfx account which recently got moved from mt4 to match trader. I had a tool/EA on mt4 which helped me calculate my lot size, how do you calculate the lot size on match trader? Is there a fast and simple way of doing this on their platform? I saw that they have a nominal calculator or something like that, anyone who has used it?
thanks in advance

Apex April payouts

Because Canadians are privileged people as we pay higher taxes. They are protecting us for predatory forex world.
Open wise account and use digital card from there. It will be cheaper saves lot of foreign transaction fees and never blocks anything as long as money is there.
Only downside is you can't chargeback if prop firm runs away.

Wow crazy numbers !

The guy who made over 1.1 Million probably did: $2800 / day X 20 trading days X 20 Accounts = $1,120,000

That kind of profit is only doable on the 300K Accounts.

Day : 10
increasing lot by 0.01

Usually this kind of profits are not made on daily basis trader is accumulating probably over 6+ months as for first 3 month there is consistency rule and you have to make request atleast once a month to become eligible for withdraw full amount.
Once buffer is 20-30K they can risk 5K to make 10-40K on a trade.

The consistency rule is only for the first 3 months? ... i did'nt know.

I am not going for any offline job. Because I believe I can do it at my own from my home just online. It is now a matter of time.
I have already solved the strategy part of trading. My life will improve in the next 1-2 years and will change completely after 2 to 4 years.
I will have good personal capital, home, funded capital etc and then I will find some girl to marry as well.

I cannot do any offline job because my whole day & time just vanish like this just keep sitting on my laptop every day.
Either I watch youtube, or watch discord channels of different prop firms seeing if there is any game to participate, I notice their date and time
I prepare myself for quiz question answers general forex related, prop firm related etc. because I need to win some free challenge account as well
I check everyday giveaway section & announcement section & game section of almost every prop firm discord channels

I also keep active here in forexfactory, so my time vanish like this, and if I go to find some offline job, its not easy
May be I have to do OLA, UBER, FOOD DELIVERY etc because this kind of job anybody can get easily and no appointment letter no resignation etc
Just Delivery skills, Driving License, Own Vehicle, Own Mobile with Internet Connectivity, Knowledge about Roads, Internet Comunication Skills and go to go..

But the problem is that these are considered low jobs and also I am well educated, post graduate, and also I have offered my friends & relatives to give me their money, I will trade on their money and give them monthly profits (what % I will not reveal here), and if they come to know that I myself doing some job to make money they will not ever give me money. They have not given me any money till now and if they come to know I am doing jobs, they will never give me.

My friends, relatives will give me money only if they see I changed my life, buy car, bought house, do lavish marriage, travelling, making lot of money & still chilling
Then they will come to me, but when I need money the most, nobody is giving me..

Now I am fully confident that I can do it, so therefore I also give them new offer, that I will give them commission if they themselves don't come but they are bringing their friend to invest with me in my offer. But still nobody is coming to me to give me money so that I can trade on their money & make profit and give them some, and I also keep some.. so this way I can make my own capital, but you know people don't come for help when we need the most though they are also getting benefitted with my offers but they are not coming.. therefore I myself had to start very small even after gaining confidence and profit making skill

No offense but are you saying you have no job, live at home with you're parents, play on the computer all day and you're hoping friends and relatives will give you money to trade?

As others have already said, I'd opt for a full time job. Make trading a side hustle for now until you can build up a little financial independence.

That's my 2 cents, which now because of bumbling Joe Briben is only worth one cent

Why can't you charge back using wise ?

Yes, you heard it right!
I have no job, no source of income from where the money will flow to me consistently.
Whatever I made in my earlier life before trading, I made a lot of money doing online things, blogging, adsense, youtube.
I lost all in trading, plus I also took money from parents lost all, some investor give me money lost all,
and have to return to that investor by taking money from parents again.
and now parents also don't give me money, they say me do some job.

I have given my life to trading.
Yes, i stay all day home, all day free!
But because of Trading I can't do offline job.
If I get some online job I will do it, but there is no online job.

I tried youtube again, but now competition is so how, and algorithm is changed, now making money online is not easy.

now forex prop are shit
3 firm delay my payout
firm A $3k
firm B $7k
firm C $9k

is frustrated

Tact was never my specialty so forgive me for saying it sounds like your selfish and lazy and a bit delusional.

Seriously, you're a grown man sponging off your parents.

Get a job son!

Bedtime for Bonzo.

Because wise gives pre-paid digital card. Usually those type of cards are like debit card.
Actually they are better than crypto payments as there is no transaction fees or anything. If you want to pay in euro covert our local currency to euro wallet in wise and pay same thing with USD etc.

Yeah, But I can't do anything now.
I have to be patient.
I am not spending any money except trading.
I have become physically very weak, I don't focus on eating.
I believe all things will gets correct soon.

You are a very interesting Personality. Seriously !

Plenty to learn from in my thread if you are struggling pal. And at least you have loadsa time to study so use it wisely

New Cable Thread & Other Pairs

You mind telling which ones?

I understand the power of trading right from the beginning
But I never see the risks involved in it when I started it
But now I completely understand it in all aspects
Yes, I am living completely on my parents now
I have zero earning now

I am going through the worst time of my life
I have been a topper in my academics in school
Every other person in my school thinks of me like I would have been working on some good post now, some manager kind of thing in some bank or some company
But they are not aware that I have been going through this bad phase

If I summarize my trading journey of 5 years.
I lost majority portion of my 50k to 55k total loss in starting years of my trading career in just 1.5 to 2 years
Then there a phase come where I made a plan to recover all this majority portion of the loss in 8 months & you will not believe I able to do that doubling the account every month for the straight 7 months, and I did not withdraw anything, and in the 8 month I got greedy and become over whelming that yes I recovered all my loss, I told my parents that our life goiing to be changed, we will now get shift in a good house, but I lost everything in the 8 month..

and that was the day, when I never see that happiness again, I never again able to grow the account
and slowly slowly I start to loss more money but in this phase I was losing money but very slowly.
and then I also started making money, whenever I used to make profit, I started withdrawing it..
but again I need to deposit back that profit in my trading account to manage it
then I found that making profit, withdrawing it, and depositing it back is of no use,
i am not making any money

and when my bank balance reached minimum bank balance
then I jumped into this prop firm thing.
this prop firm thing teached me what is risk, what is reward, what is drawdown daily loss limit
and from here things started to click in my mind regarding drawdown, and daily loss, and loss in a single trade

I bought 4-5 challenges when it was an era of "my forex funds" "the funded trader" "true forex funds" "smart prop trader"
these are my first prop firms with which i started, I passed 3 challenges, and took 5 payouts with true forex funds & smart prop trader combined
it was a good experience, i was net profitable with prop firms
but I passed all these challenges without any strategy, no trading strategy
just with money management strategy that I have to make this much daily at any cost, do whatever but make this much daily

then after this I started asking money from friends and relatives,
and here is the time when investors of around 12,000 $ come to me,
I traded all the money in personal broker, and I lost all the money within 1 year, after trying hedging, after putting more money to save my account
but all wasted, I had to repay 12,000 $ + Profit promised = this result in a disaster for me, I went into severe depression here, and till now my family talk very less with me, only my mother talks to me in good way, and no one else talk to me

then because of no money left, no challenge left
I started to think that now we need some strategy,
we can never make money this way, if we have to look charts all day long, we cannot do this for lifetime, we will become old
we need to sort it out

I never knew what a strategy is, what we need in order to make a strategy
every other person on youtube say strategy, this strategy, that strategy but no one actually tells clearly
also in a long career, i tried multiple ways of trading, i played with sl, i played without sl, i played with hedging, nothing worked out, all fail in the end

but now I am confident that now I know, now I have what I needed
I think now I will become profitable.
You will never find anything on internet that is profitable.
You yourself have to think out of the box.
If you thinking like everyone else is thinking you are going to remain the part of those 95% traders who loss money
& if you thinking that somebody will give you their million dollar formula on internet just for free.. sorry man, if you give 1M $, no body will give your formula
you have to create your own formula..
and I have created one for myself..
and I believe this thing is going to work, and If it worked, I don't care whether these prop firms stay or go
as long as there is trading happening, I will become profitable, I will recover all my loss, I will make way more than what I lost, I can never make up for the time lost
but I will try to buy back time, with the profit I will make in near future
and I will make my parents proud again
and this journey will become ALL WORTH one day