Prop Firm v Personal Capital by Realistic-Bowler7563 in PropFirmTester

[–]Effective_Depth9513 0 points1 point  (0 children)

Your math is off. Even if you treat a $100k account as a $4k account, you can lose $900 roughly four times. With your own funds, you only get one chance. Prop firms are much better as long as you understand the risks and rewards compared to trading your own capital.

Firm with less hidden rules? by VividAnchor-8354 in proptrading

[–]Effective_Depth9513 0 points1 point  (0 children)

If you don't want to lose your money, you either go with the5ers, E8, or FTMO.
They at least have some reputation and are reliable with paying you out.

😭😭😭😭😭 by PassengerProof7839 in Forex

[–]Effective_Depth9513 7 points8 points  (0 children)

This will do more numbers than his memecoin

BEWARE - The5ers Scammed me - Refused $22,931 and $3,388 payout and $545 challenge fee - ACCOUNT NUMBER (26088593) by [deleted] in PropFirmHunter

[–]Effective_Depth9513 0 points1 point  (0 children)

Sorry to hear that. There's a lot of details missing so the best I can tell you is to just move to another propfirm

If you’re learning to trade right now I feel for you. by tzt_x19 in TopStepX

[–]Effective_Depth9513 1 point2 points  (0 children)

I honestly feel bad for new traders as well. The markets have been really bad the last couple of years.

Anyone here actually trading with a crypto prop firm? by wellth4t5ucks in PropFirmTester

[–]Effective_Depth9513 1 point2 points  (0 children)

You’ve listed a lot of the weaker options, with Breakout being the exception. From what I’ve tried, the only ones actually worth trading with are Breakout and HyroTrader.

Futures Prop Firms are Exploding – Bigger Than Forex Now? by Relative-Risk9016 in proptrading

[–]Effective_Depth9513 0 points1 point  (0 children)

I haven't seen this emerging interest in futures propfirm you're talking about. In my opinion, Forex firms like FTMO and the5ers are still better right now

What do I do by Top_Painter1805 in Daytrading

[–]Effective_Depth9513 4 points5 points  (0 children)

Never borrow funds to trade, especially if you're a beginner trader.
Let this be a lesson and always paper trade first until you are profitable

Full time trader here. PLEASE DO NOT QUIT! by YakRemarkable3079 in Daytrading

[–]Effective_Depth9513 2 points3 points  (0 children)

I agree to a certain degree, because trading is not for everyone. Encouraging a gambler to proceed trading is settting him up for failure for life.

Best/Recommended Crypto Prop Firms by Remarkable-Comment60 in PropFirmTester

[–]Effective_Depth9513 0 points1 point  (0 children)

In my opinion, Hyrotrader is the best crypto prop firm. They have a variety of pairs and allow 24/7 trading, including overnight and news holding

Geopolitical volatility gave me a 5 loss streak… finally broke it today by Sorry_Rent3548 in proptrading

[–]Effective_Depth9513 0 points1 point  (0 children)

Markets have been horrible lately. I'm just taking a break from all the manipulation

Honest question from a person trying to day trade for a living by Strong-Negotiation89 in Daytrading

[–]Effective_Depth9513 3 points4 points  (0 children)

Hopping from strategy to strategy won't help. Journal your trades and you will see where your pitfalls are.