So you have a proven track record and started with $25k? And that's not enough? Hmm... You might not make a living from it but in a few years this can become a very nice bunch of money. How long have you been trading that account? What period of ...

How to become a prop trader

That depends on your track record. If it starts with $100 or $1k I think no one will take care. Sounds stupid I know. Another way would be to participate in every contest you see out there. That way I got in (FxStreet live trading contest).

How to become a prop trader

Closed at 1.48648 Statistics: Spread: 1.2 pips Max minus: -4.4 pips Result: +2.1 pips Have a nice weekend!

1 pip per day (at least)

Long EU @1.48627

1 pip per day (at least)

There is no guarantee, no easy way. It's simple. The wider the stop in relation to the target the higher is the probability of the target to be hit. But of course this increase of the win rate comes with a decrease of the risk/reward. So it's a ...

what can keep a working strategy to always have a high probability to win each trade?

It will even go above that level. Of course with some corrections in between.

And Now EURUSD goes to MAX of 2007??

Closed at 1.50766. Statistics: Spread: 0.9 pips Max minus: -1.0 pips Result: +1.1 pips Again done for the day.

1 pip per day (at least)

Short EU @1.50777

1 pip per day (at least)

Good luck with that one!

EURUSD

Nothing spectacular, just above 1.50. I stick to my target of 1.52/53 till the end of this year, maybe even 1.55. I think we'll see some Dollar strength in Q1 2010 but well, let's see...

EURUSD

Uh... I haven't count how many red 5m bars I had from 1.48... Still shorting guys? Well I AM SHORT. That's actually hard as an Euro lover and (almost) perma USD bear... Can you imagine?

EURUSD

Actually I went short there... Just a tiny position as usual. We might see some profit taking and I wouldn't wonder if this move was just enough to take out some stops...

EURUSD

Oh and you might see that there is still plenty of room as well...

EURUSD

HAHA, good joke dude. Pop up a weekly chart please...

EURUSD

Thanks, but actually I'm suprised to see it that fast. I guess it's due to low liquidity and many stops taken out. I'm flat now...

EURUSD

No. If you had $50bln. Would you buy Dollars?

EURUSD

I am long. Why? Because the trend is up and I want to make money? Will I make money?

EURUSD

Why not? Do you really believe that pros only trade with 1:3 or above?

EURUSD

Won't be suprised if we see 1.51 today. So many are short... We're still in an uptrend guys, remember that if you go against it.

EURUSD

True... Have to update this link from time to time. That's the drawback with Oanda and FxBook. Should be up to date in a second.

$5k to infinite