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benaiah replied Dec 12, 2022How is it possible that you are risking more than the maximum DD allowed?
Prop Firm Hub
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benaiah replied Dec 11, 2022Exactly. These firms can do whatever they want and change the rules as often as they want. In MFF contract it even says they can release you if they feel you aren’t working in their best interests. Edit: I would even add that at some point it might ...
Prop Firm Hub
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benaiah replied Dec 11, 2022Thanks for starting this topic. A lot of useful information here…
Prop Firm Hub
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benaiah replied Dec 11, 2022Ok I wasn’t familiar with funding talent. I see their business failed which can happen to any business. however I didn’t say it was the only thing to consider when choosing a prop firm. I actually have many criterion and have used multiple prop ...
Prop Firm Hub
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benaiah replied Dec 11, 2022why not legitimacy stamp? it is international and used my many companies to process payroll a 3rd party solution that pays you is legitimate. You don’t have to wonder if or when you will get paid
Prop Firm Hub
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benaiah replied Dec 11, 2022I like MyFF. Next week I plan to start an eval with FundedNext. Both Prop firms use a third party international payroll system (Deel) to distribute payouts, which in my opinion adds to legitimacy and also simplifies things for me to diversify my ...
Prop Firm Hub
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benaiah replied Dec 10, 2022You made key discovery. You are welcome to read my threads. I speak a lot about mindset. And took me over a decade to work my mindset to be ready to trade larger accounts. So I understand the challenge of not only developing the proper mindset, but ...
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benaiah replied Dec 10, 2022I’m considering the 200k account with FundedNext I would only need 5% per month across both accounts to live comfortably. and between the 2 accounts I could scale up to 800k within a year. Am I ready to trade an even bigger account? Let’s see…
My Journal as a Professional Trader
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benaiah replied Dec 9, 2022Well, after some consideration, decided I will not trade much more until I withdraw, since for the first payout, I have to wait 30 days and trade minimum 10 days. I may start another eval next week with fundednext. I like how they pay you for the ...
My Journal as a Professional Trader
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benaiah replied Dec 9, 2022Another thing is that GER30 is good for London sessions, so I only trade that if I’m awake and trading…. But looks like I’ve gained some comfort with both at this point But NAS100 I am done with. Way too much slippage…
My Journal as a Professional Trader
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benaiah replied Dec 8, 2022it won’t matter if I keep trading when my mind isn’t right lol Yes they move similarly
My Journal as a Professional Trader
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benaiah replied Dec 6, 2022Dove back in the market and threw a trading tantrum. Worked out, but I need to make some adjustments. First off. I wonder what instrument I should be trading?
My Journal as a Professional Trader
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benaiah replied Dec 6, 2022So I’m getting comfortable trading an account larger than what I’ve been accustomed to, due to keeping risk really low. I could reasonably increase my risk per trade x2 or x3, at least. Currently my average risk is $58 per trade, but that number is ...
My Journal as a Professional Trader
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benaiah replied Dec 6, 2022Up 1.5% on the day. If I can hit 15-20% gains this month, I may let this account rest until 2023 and withdraw profits
My Journal as a Professional Trader
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benaiah replied Dec 5, 2022Todays results above 20% win rate so that is okay improved from 5 to +6R average on winners also improved average losing trade .03% and worst trade was .1% loss all in all, a good Monday net 1% gain.
My Journal as a Professional Trader
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benaiah replied Dec 5, 2022Most traders fail because they give up. And they give up because they fail to control risk and can’t deal with the pain that it causes… Never give up. Because you have not failed if you are still trying.
Are you looking for motivation/inspiration?