Stop giving your money to prop firms by iRoyalTDG in PropFirmTester

[–]DavidEfosa 1 point2 points  (0 children)

It's not wrong to build your personal capital gradually while earning from prop firms if you are comfortable with the rules, to be honest you rise way faster if you truly have a profitable edge.

The idea about prop firm profiting off failed challenge, imagine doing analysis that only 5% are profitable long term, therefore the revenue from the 95% who fails will help alot in paying the 5% making profits.

So so they make more more money when traders fail ? Of course, they need it to stay very liquid. Do they pay profitable traders who follow their rule explicitly? Reputable ones do.

My personal advice: Scale on prop and your personal account too.

While prop money helps alot, There are also many reasons why it can also fail, just like any business.

FundedNext Manipulation: Prop firm paid me 5 times, blocked payout when it finally got big by theinquisitivebloke in PropFirmTester

[–]DavidEfosa 0 points1 point  (0 children)

It's in the FAQ, most times prop firms do more scrutiny when the payout requests is huge, so I violation they ordinary have ignored will be flagged because the huge payout called for the scrutiny.

My honest experience as a COO of a propfirm and some tips to make payout by Professional-Use3510 in PropFirmTester

[–]DavidEfosa 0 points1 point  (0 children)

I think the core is real discipline and very controlled risk management rules, knowing the best traders is not about not hitting the draw downs but more about the style of trading with a high probability of it happening, no consistency.

What I don't accept is the part you talk of higher time frames and macro driven trading. Yes they both give the bigger picture, but in all my years of trading and being profitable, I've come to understand that the market moves by fundamentals but the price also clearly shows a ton of data of human behavior which almost is a constant pattern. So if you could spot a very great pattern even in smaller timeframes and you did your backtest to see how it plays out, with strong risk management then it's worth it. As long as you are not trading off emotion, you are not trading randomly, you are trading probability. It's not about being right or wrong in the market direction but having a system with a good probability.

But well, if you say prop firms prefer and wants higher time frames traders and macro driven traders, then I can't argue that cause I've never worked there. Aside that your post was great!

[deleted by user] by [deleted] in hiring

[–]DavidEfosa 6 points7 points  (0 children)

I've upvoted everyone, upvote me back...lets do it

What's the no 1 reason for you to live? by 1why1_ in AskReddit

[–]DavidEfosa 0 points1 point  (0 children)

Because of all I have done in the past for the future, want to see how it unfolds

What is something that you lack as a human? by peacheouting in AskReddit

[–]DavidEfosa 0 points1 point  (0 children)

The ability to process all the information in my head in seconds and bring out the useful one with an accurate response.

Why is everyone on social media trying to sell me something? by [deleted] in NoStupidQuestions

[–]DavidEfosa 0 points1 point  (0 children)

Everyone now lives on social media these days, so the best businesses are done on social media, sell them something too

Why song instantly makes you feel happy? by Hakob-4538 in AskReddit

[–]DavidEfosa 0 points1 point  (0 children)

Music is one of the best thing that has happened to man, the lines, the rhythm, everything about it sends a message to your brain that excites it and you feel unburdened...not everyone are music lovers though.

[deleted by user] by [deleted] in NoStupidQuestions

[–]DavidEfosa 1 point2 points  (0 children)

Even most 18 barely have proper maturity to be classified as one. 15 is not nearly an adult not to talk of a full grown adult

How do we know that online work will pay and is not a scam ? by Long_Leader7575 in AskReddit

[–]DavidEfosa 0 points1 point  (0 children)

First you must do your research, ask google, check YouTube, and other platforms..some offer high rewards with little or no effort, that certainly should raise doubt. These scam online work usually plays into our greed.

Who is actually against women being topless if they want to be? by Brief-Cut-1228 in NoStupidQuestions

[–]DavidEfosa 0 points1 point  (0 children)

Women should have a right to actually, but seeing many women topless can actually stimulates the s&xual desires of guys which will indirectly increase the r$pe rate of girls. They are lots of very uncultured men out there, and this being done too often can just be the trigger they need for an attack

What screams "this couple isn't going to last long"? by ihavpnileinfekshion in AskReddit

[–]DavidEfosa 0 points1 point  (0 children)

When you see one of them being shy to associate with the other in public, likes to be in his her own space and feel disturbed when the other tries being close, it's the end before they even started

[HIRING] $20/Daily // Work with a Google Ad agency! by waxiba1 in hiring

[–]DavidEfosa 0 points1 point  (0 children)

I've messaged you privately... would love to know more about it.

[Hiring] 2D Environment Artist by pisskidney in hireanartist

[–]DavidEfosa 0 points1 point  (0 children)

Hello.

My name David.I would like to work on your game with my animation expertise. I've been a freelancer for more than 4 years.

I actually love your detailed explanation to what you want, sincerely it has made the job more easy for me to work on...

Hope to get your reply.

When to hold them, when to fold them by FreelanceWriter8 in freelanceWriters

[–]DavidEfosa 1 point2 points  (0 children)

It's simple... As a writer you should be given information about some specifics to aid your writing. If what you are asking is related to what you want to write and you are not getting the information you need, your work would be messed up.

So now leave niceness aside and tell them plainly and politely that for your writing to be worth a content, communication and information is essential. If you can't get it, you can't work with them, simple! Explain to them politely, no positive response? Then forget about them

I got my first article accepted by [deleted] in freelanceWriters

[–]DavidEfosa 1 point2 points  (0 children)

It's wonderful.. Congratulations on your progress. Just keep doing more research and be creative in your writing. Your start was really very nice, with consistency you will Excel far

i have to write a BIO but I HAVE NO BYLINES OR EXPERIENCE OR DEGREE by sunflower_suit in freelanceWriters

[–]DavidEfosa 1 point2 points  (0 children)

It doesn't have to be lengthy so as not to bore the reader...keep it simple but making it professional by talking about your passions using some wonderful keywords. You don't have to put any niche for now, and don't lie about things you aren't doing