₦airaland Forum

Succhrisfx:
Buy gold 2402 sl 2398 tp 2432

Tp: moved to 2472

BeginnerTrader:
My Xauusd and Nas no dey stable now, let me try out currency pair. 0.5% risk.

24hrUplift:
I've been thinking about your trades surviving the days, may I ask your usual position for stop loss?

.. like 100 point? 200 point? or what is your stoploss strategy?
.
I mostly swings through the weeks, so stop loss is rarely used. I only focus on my target TP..

pipfisher:
Stop loss is between 25 to 50 pips. The aim to avoid being hit by slippage which is extremely high among prop firm companies. Targeting 1:1 on average is to avoidable waiting too long to hit TP considering how long it takes to make hundred pips on most pairs. However, since this week, I added a twist to the strategy, instead of waiting to hit Tp, I close my open trades before the close of the day because there will always be fresh opportunity next day.

GabsonFX2:
Thanks bosses, I returned after 2months, but was only able to stay 4days before I got a magic call - so I got back, now on the Arctic .

I'm sure you guys are killing it, as for me and trading, we die there

💯💯💯 Welcome bro

GabsonFX2:
Hahaahahahah, 90% of those props are not reliable, Infinity Forex Funds (IFF) inclusive, at least they denied me of up to $25K payout; to succeed with these props out there is like doing hit and run like MMM: 1st is to have an edge, 2nd is to be lucky with the edge so you can be on the good side by the time they would fold up. Even guys with edge suffer in their hands, they are here to make money from us and not to see us succeed.

What I do now is heavily funded my personal account with axi, and targeting 10% biweekly or monthly, instead of the 100% or 80% that these expect in phase 1, then 50% in phase 2......It is their delusionary model which they rely on hoping that traders can become delusional, and lie to us that it is 10$ and 5% each.

Their Delusionary Model:
Prop Account (Demo): $100K
Account fee: $530
Leverage: 1:200 ish

Max Overall DD = 10% of Prop Account (=$10K)
Max Daily DD = 5% of Prop Account (=$5K)

Profit target
Phase 1: 10% of Prop Account (=$10K)
Phase 2: 5% of Prop Account (=$5K)

Look carefully, what you are given to trade with is not the prop account capital but the DD value (whether daily DD or Overall DD is now up to the trader's fate), but imagine a trader that is destined to lost the account based on:
1. Overall DD

---

What he has to trade is not $100K but the Overall DD risk of $10K, prop firm expects him/her to make 10% of prop capital ($10K). What does this mean: I give you 10K to make 10K profit, is that not 100% ROI expectation? like seriously? Let's come down to the forex basics: don't forget what risk/money management teaches us to risk little and aim just a little more return like 2% weekly or monthly or 8% yearly; how come props are forcing traders to make 100% in weeks and why would traders not be aggressive and eventually lost their account.

2. Daiily DD

---

Here, it gets worse, cos thousands of traders actually lost their prop challenge ONLY based on the daily DD: So listen, you are given $10K demo to make 100% profit ($10K) but you must not lost $5K in a day; meaning you are given $5K not $10K to make a profit of $10K; hence, they want you to make 200% of the %5K given to you.

Here, I would rather, take my fee ($530), work smarter and harder in my day to day career and raise it to the daily DD of $5K, then instead of targeting the $10K profit target which would have been 200% in the case of prop firm, I would rather just target 10% per month, which is $500. Here, my risk/money management becomes top notch and can guarantee constant monthly income, and I have withdrawal testimonies on this.

PS: The figures here are relative but proportional, in your case, it could be $100 not $500; just make the proportions.
I wish I could explain to someone with my voice rather than typing, so it can really sink. These are my model debugging I came up with after several years with props.

Selah!

GabsonFX2:
Hahaahahahah, 90% of those props are not reliable, Infinity Forex Funds (IFF) inclusive, at least they denied me of up to $25K payout; to succeed with these props out there is like doing hit and run like MMM: 1st is to have an edge, 2nd is to be lucky with the edge so you can be on the good side by the time they would fold up. Even guys with edge suffer in their hands, they are here to make money from us and not to see us succeed.

What I do now is heavily funded my personal account with axi, and targeting 10% biweekly or monthly, instead of the 100% or 80% that these expect in phase 1, then 50% in phase 2......It is their delusionary model which they rely on hoping that traders can become delusional, and lie to us that it is 10$ and 5% each.

Their Delusionary Model:
Prop Account (Demo): $100K
Account fee: $530
Leverage: 1:200 ish

Max Overall DD = 10% of Prop Account (=$10K)
Max Daily DD = 5% of Prop Account (=$5K)

Profit target
Phase 1: 10% of Prop Account (=$10K)
Phase 2: 5% of Prop Account (=$5K)

Look carefully, what you are given to trade with is not the prop account capital but the DD value (whether daily DD or Overall DD is now up to the trader's fate), but imagine a trader that is destined to lost the account based on:
1. Overall DD

---

What he has to trade is not $100K but the Overall DD risk of $10K, prop firm expects him/her to make 10% of prop capital ($10K). What does this mean: I give you 10K to make 10K profit, is that not 100% ROI expectation? like seriously? Let's come down to the forex basics: don't forget what risk/money management teaches us to risk little and aim just a little more return like 2% weekly or monthly or 8% yearly; how come props are forcing traders to make 100% in weeks and why would traders not be aggressive and eventually lost their account.

2. Daiily DD

---

Here, it gets worse, cos thousands of traders actually lost their prop challenge ONLY based on the daily DD: So listen, you are given $10K demo to make 100% profit ($10K) but you must not lost $5K in a day; meaning you are given $5K not $10K to make a profit of $10K; hence, they want you to make 200% of the %5K given to you.

Here, I would rather, take my fee ($530), work smarter and harder in my day to day career and raise it to the daily DD of $5K, then instead of targeting the $10K profit target which would have been 200% in the case of prop firm, I would rather just target 10% per month, which is $500. Here, my risk/money management becomes top notch and can guarantee constant monthly income, and I have withdrawal testimonies on this.

PS: The figures here are relative but proportional, in your case, it could be $100 not $500; just make the proportions.
I wish I could explain to someone with my voice rather than typing, so it can really sink. These are my model debugging I came up with after several years with props.

Selah!

(we don too practise with numerous free accounts ),

GabsonFX2:
Thanks bosses, I returned home after 2months at work, but was only able to stay home for 4days before I got a magic call to return - so I got back, now on the Arctic .

I'm sure you guys are killing it, as for me and trading, we die there

24hrUplift:
Rodger that..bro.

Nice strategy 👍

Donsheddy:
Na daily bread i dey hustle...
First withdrawal on 25k incoming...
I don delete mt4 make i jejely lock down this one....

Fxwarrior:
Gold Alert

Buystop 2473
Stoploss 2463

Target 2503

Donsheddy:
Na daily bread i dey hustle...
First withdrawal on 25k incoming...
I don delete mt4 make i jejely lock down this one....

BeginnerTrader:
Prop firm na SCAM!

BeginnerTrader:
Prop firm na SCAM!

randy01:
They are not entirely scam if you buy account with good prob like ftmo and fundednext.people got It wrong by relying on prop firm.prop is for you to gather enough capital and Start your personal account on broker.forex is not for flipping but it's for growing your account by %.imagine trying to grow $100 or trying to grow $10000. Which is easy between the two?

Have it ever occur to you why hedge fund with billions of $ still always look for investors.they do that because 1% on $1000 account is $ 10 while same 1% on $100000 is $1000.let be realistic here if not for prop firm many trader will never touch thousands of $ in a year.how many trader have $2000 personal account.imagine you have.making 10% montly of $2000 is $200 at the end of the month.

Problem here's people bring unrealistic goal to prop.i once share about my neighbour who hear about Forex then watch one or two videos on YouTube.he deposit and lost the million.now he call Forex scam.when thing don't go our way we call it scam.

Many here don't have edge in market which they believe out of 10 trade.they can 5-6 but same people will run to prop as if it was free money.forget profit and try place ten trade on small account you can afford to lose or demo if you no money to lose.the goal is not to make profit but see how your strategy work.once you are done with first ten trade.do another second ten trade.if results is the same then you are ready for prop.

Even newbie run after prop nowadays.prop owner know people are greedy then they are feeding on that.let always tell ourselves the truth.the maven prop I lost last time.i lost It coz I don't risk same.i risk 0.5 -1%.i mostly loss when I risk 1% and win when I risk 0.5%.so my lose is much than am making now I risk same on all trade.

Until you started telling yourself truth.you will never move forward and everything will look unreal to you

GabsonFX2:
Hahaahahahah, 90% of those props are not reliable, Infinity Forex Funds (IFF) inclusive, at least they denied me of up to $25K payout; to succeed with these props out there is like doing hit and run like MMM: 1st is to have an edge, 2nd is to be lucky with the edge so you can be on the good side by the time they would fold up. Even guys with edge suffer in their hands, they are here to make money from us and not to see us succeed.

What I do now is heavily funded my personal account with axi, and targeting 10% biweekly or monthly, instead of the 100% or 80% that these expect in phase 1, then 50% in phase 2......It is their delusionary model which they rely on hoping that traders can become delusional, and lie to us that it is 10$ and 5% each.

Their Delusionary Model:
Prop Account (Demo): $100K
Account fee: $530
Leverage: 1:200 ish

Max Overall DD = 10% of Prop Account (=$10K)
Max Daily DD = 5% of Prop Account (=$5K)

Profit target
Phase 1: 10% of Prop Account (=$10K)
Phase 2: 5% of Prop Account (=$5K)

Look carefully, what you are given to trade with is not the prop account capital but the DD value (whether daily DD or Overall DD is now up to the trader's fate), but imagine a trader that is destined to lost the account based on:
1. Overall DD

---

What he has to trade is not $100K but the Overall DD risk of $10K, prop firm expects him/her to make 10% of prop capital ($10K). What does this mean: I give you 10K to make 10K profit, is that not 100% ROI expectation? like seriously? Let's come down to the forex basics: don't forget what risk/money management teaches us to risk little and aim just a little more return like 2% weekly or monthly or 8% yearly; how come props are forcing traders to make 100% in weeks and why would traders not be aggressive and eventually lost their account.

2. Daiily DD

---

Here, it gets worse, cos thousands of traders actually lost their prop challenge ONLY based on the daily DD: So listen, you are given $10K demo to make 100% profit ($10K) but you must not lost $5K in a day; meaning you are given $5K not $10K to make a profit of $10K; hence, they want you to make 200% of the %5K given to you.

Here, I would rather, take my fee ($530), work smarter and harder in my day to day career and raise it to the daily DD of $5K, then instead of targeting the $10K profit target which would have been 200% in the case of prop firm, I would rather just target 10% per month, which is $500. Here, my risk/money management becomes top notch and can guarantee constant monthly income, and I have withdrawal testimonies on this.

PS: The figures here are relative but proportional, in your case, it could be $100 not $500; just make the proportions.
I wish I could explain to someone with my voice rather than typing, so it can really sink. These are my model debugging I came up with after several years with props.

Selah!

Donsheddy:
Na daily bread i dey hustle...
First withdrawal on 25k incoming...
I don delete mt4 make i jejely lock down this one....

BeginnerTrader:
Prop firm na SCAM!

randy01:
They are not entirely scam if you buy account with good prob like ftmo and fundednext.people got It wrong by relying on prop firm.prop is for you to gather enough capital and Start your personal account on broker.forex is not for flipping but it's for growing your account by %.imagine trying to grow $100 or trying to grow $10000. Which is easy between the two?

Have it ever occur to you why hedge fund with billions of $ still always look for investors.they do that because 1% on $1000 account is $ 10 while same 1% on $100000 is $1000.let be realistic here if not for prop firm many trader will never touch thousands of $ in a year.how many trader have $2000 personal account.imagine you have.making 10% montly of $2000 is $200 at the end of the month.

Problem here's people bring unrealistic goal to prop.i once share about my neighbour who hear about Forex then watch one or two videos on YouTube.he deposit and lost the million.now he call Forex scam.when thing don't go our way we call it scam.

Many here don't have edge in market which they believe out of 10 trade.they can 5-6 but same people will run to prop as if it was free money.forget profit and try place ten trade on small account you can afford to lose or demo if you no money to lose.the goal is not to make profit but see how your strategy work.once you are done with first ten trade.do another second ten trade.if results is the same then you are ready for prop.

Even newbie run after prop nowadays.prop owner know people are greedy then they are feeding on that.let always tell ourselves the truth.the maven prop I lost last time.i lost It coz I don't risk same.i risk 0.5 -1%.i mostly loss when I risk 1% and win when I risk 0.5%.so my lose is much than am making now I risk same on all trade.

Until you started telling yourself truth.you will never move forward and everything will look unreal to you

GabsonFX2:
Hahaahahahah, 90% of those props are not reliable, Infinity Forex Funds (IFF) inclusive, at least they denied me of up to $25K payout; to succeed with these props out there is like doing hit and run like MMM: 1st is to have an edge, 2nd is to be lucky with the edge so you can be on the good side by the time they would fold up. Even guys with edge suffer in their hands, they are here to make money from us and not to see us succeed.

What I do now is heavily funded my personal account with axi, and targeting 10% biweekly or monthly, instead of the 100% or 80% that these expect in phase 1, then 50% in phase 2......It is their delusionary model which they rely on hoping that traders can become delusional, and lie to us that it is 10$ and 5% each.

Their Delusionary Model:
Prop Account (Demo): $100K
Account fee: $530
Leverage: 1:200 ish

Max Overall DD = 10% of Prop Account (=$10K)
Max Daily DD = 5% of Prop Account (=$5K)

Profit target
Phase 1: 10% of Prop Account (=$10K)
Phase 2: 5% of Prop Account (=$5K)

Look carefully, what you are given to trade with is not the prop account capital but the DD value (whether daily DD or Overall DD is now up to the trader's fate), but imagine a trader that is destined to lost the account based on:
1. Overall DD

---

What he has to trade is not $100K but the Overall DD risk of $10K, prop firm expects him/her to make 10% of prop capital ($10K). What does this mean: I give you 10K to make 10K profit, is that not 100% ROI expectation? like seriously? Let's come down to the forex basics: don't forget what risk/money management teaches us to risk little and aim just a little more return like 2% weekly or monthly or 8% yearly; how come props are forcing traders to make 100% in weeks and why would traders not be aggressive and eventually lost their account.

2. Daiily DD

---

Here, it gets worse, cos thousands of traders actually lost their prop challenge ONLY based on the daily DD: So listen, you are given $10K demo to make 100% profit ($10K) but you must not lost $5K in a day; meaning you are given $5K not $10K to make a profit of $10K; hence, they want you to make 200% of the %5K given to you.

Here, I would rather, take my fee ($530), work smarter and harder in my day to day career and raise it to the daily DD of $5K, then instead of targeting the $10K profit target which would have been 200% in the case of prop firm, I would rather just target 10% per month, which is $500. Here, my risk/money management becomes top notch and can guarantee constant monthly income, and I have withdrawal testimonies on this.

PS: The figures here are relative but proportional, in your case, it could be $100 not $500; just make the proportions.
I wish I could explain to someone with my voice rather than typing, so it can really sink. These are my model debugging I came up with after several years with props.

Selah!

Alexas58:
Let me add to this!
They give u 100k
Trade with it anyhow u want
But don’t loose 10%!

That’s why you must be conservative in your approach to limit loss

Thanks
It’s like giving someone a loan to start a business
A 100k loan and if the person looses 10% of it
You take away the whole money!

With ur 100k prop firm account , you can open position of 1 lot size

With ur $500 personal Account

U can’t open one lot size of any trade!

Just minimize ur losses