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- labu replied Nov 14, 2023
Ive been thinking about this lately why they have all these discounts. Since obviously it must be very profitable for the prop firms. This mentality in itself I would say is very dangerous for the serious trader. If you think you wont get affected ...
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- labu replied Nov 13, 2023
Agree. If this was the case. Then all the tens of thousands of books about trading using static calculations would have made most very profitable. What I've seen throughout the years on most forums online and myself when I was even more newbie. One ...
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- labu replied Nov 10, 2023
This is the one thing Ive noticed as I "evolved" throughout the years as semi-newbie. It doesnt matter the instrument. One must adapt. Whatever is profitable. Most effective. That you trade.
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- labu replied Nov 8, 2023
I thought you guys were joking when you said MT4 the 2 decade old technology seems better to you compared to the new modern trading platforms... Guess not. Lets just neglect the fact that NT8, Tradovate etc already got all functionalities built into ...
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- labu replied Nov 7, 2023
Its almost as if forex is a magnet for scammers, be it individuals or prop firms. Makes me feel silly that I even bothered with forex tbh. Trying to sell volume profile education to futures traders. Im guessing it comes from a forex background or ...
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- labu replied Nov 7, 2023
In this field one must be open minded for sure. As for Ninjatrader one thing I never understood about them and their excuses for not showing degrees in angles with trendlines even that feature request is like decade old. Even CTrader got that ...
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- labu replied Nov 5, 2023
A lot of talk about Tradovate and Tradingview here lately. I would never touch them myself, I did once years ago. Since 2021 Tradingview had issues regarding login issues which sometimes lasted for a whole day or days so. Tradovate had some filling ...
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- labu replied Nov 1, 2023
Most if not all futures prop firms have it like this. When I asked around their support chats a time ago at least. When you see a futures prop firm saying 5 lots limit whatever they also provide equivalent in micros 10x per normal lot.
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- labu replied Nov 1, 2023
Just did a cheat check with GPT4 AI search engine. It said this basically: In the United States, futures prop firms are regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) 1. Firms that offer ...
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- labu replied Nov 1, 2023
Just did some tests here with 2019 market and NQ manual trading very slow volatility back then apparently compared to these days. Still being a newbie right compared prop firms to if using actual own funds. If just starting with funds with only ...
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- labu replied Oct 31, 2023
Purple trading normally offers cTrader and I just saw they only offer MT4 and MT5 with fintokei.com. Thats odd. I mean they would have had an edge compared to the other scum prop firms. But yet... They choose not too. MT4 and MT5 plugins superior to ...
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- labu replied Oct 31, 2023
I'll just quote Haim Bodek on this. When someone asked him which market is the best to trade in. He said "He would never touch forex due to the simple reason the volume cannot be measured there and its on per broker basis too". Meaning only the ...
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- labu replied Oct 30, 2023
Conclusion after latest month: FTMO all right. Rest bad when it comes to forex prop firms. Futures prop firms still payout.
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- labu replied Oct 29, 2023
This prop firm thread should be called the ego inflation thread with a pint of saltiness due to egos being hammered by CEO Kids fraudulent activities.
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- labu replied Oct 27, 2023
The MFF fanbois here wont like this. But this is how they operate even if MFF was the best among the scums.
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- labu replied Oct 26, 2023
Why settle for one when you can buy 10 mate. YOLO pool party man.
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- labu replied Oct 24, 2023
Im semi newbie. But I do notice how the markets need time to breathe. Even if the way structure of prop firms rules helps traders to get discipline. It still kinda makes traders develop this habit of taking huge risks. Considering what Ive seen last ...
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- labu replied Oct 22, 2023
Neat. One thing I forgot to mention tho about that options trader, was that he truly struggled for years of course. Before he found that glitch and then truly learned. Not like he traded for a few months only with constant profit. But he managed to ...
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- labu replied Oct 22, 2023
Regarding the statistics of the traders vs profitable ones. I wonder what would happen if those 99.3% would demo trade for 5 years several hours straight instead of gambling. Trading does seem simple at first glance. Maybe we are bit crazy those of ...
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