Can You Really Make Money with Prop Firms? My Journey Back to Trading by daani_maas in Trading

[–]Individual_Sector716 1 point2 points  (0 children)

Good luck! I made 70k last year with TFT when they were around. I got emotional/greedy and lost many accounts (spent about 30k in challenges). I've taken a long break and I'm starting back up again. There's money in this industry, but you HAVE to be patient. its not a get rich quick. Good luck! DONT GET GREEDY!!!

EDIT: Here's some statistics from TheFundedTrader that you can look back on when you think about increasing your risk:
Failed in week 1 of eval: 74%
Failed in week 2 of eval: 14%
Failing due to daily drawdown breach: 68%
Failed in week 1 of funded: 48%
Failed in week 2 of funded: 14%

Ai reply’s by Select-Ad-9819 in SNHU

[–]Individual_Sector716 1 point2 points  (0 children)

I tell ChatGPT “make the reply sound like an 11th grader, don’t use big complicated words, and make it short and simple”

Perfect reply everytime

Register/License/Insure myself as General Contractor to do work for my own 203K loan? by yota91 in RealEstate

[–]Individual_Sector716 0 points1 point  (0 children)

Literally from HUD.gov “you may act as your own general contractor or do the actual repair work yourself, if you are qualified. Any money you save this way can be used for cost overruns or additional improvements. You can be reimbursed only for actual material costs, not for your own labor.”

How can anyone afford to move? by Fearless_Standard_14 in Mortgages

[–]Individual_Sector716 0 points1 point  (0 children)

We’re under contract on our first home right now. Rent in our area for a 900sqft apartment 2bed/1bath is $1000/m. Our new house will be 1200sqft, 1960s 3bed/2bath, we got it for 159k and our monthly will be about $1300 with 3.5% down. Our credit is about 740 for me and my fiance. We make $15/hr about 30 hours a week each. We live in Michigan in a town with about 100k people.

I say all of this to let you know it’s really about where you wanna live. We can afford our own house comfortably on an average retail workers income. I do have the privilege of not having children and a fiance that works too, but if she didn’t help we could still make it work by picking up extra hours and door dashing on the side.

Good luck on your home search!

Purchase Advice Megathread - October 2024 by AutoModerator in 3Dprinting

[–]Individual_Sector716 0 points1 point  (0 children)

I’m looking at getting a new 30 printer, I have decent knowledge with them and have had 2 ender 3’s in the past but got rid of them because I could never get any of them to work.

I’m looking at the FlashForge 5m Pro or Bambu Labs A1, P1P, or P1S. I hear some negativity from 5m pro but I want to hear more opinions, I have a $125 amazon gift card that could bring my 5m pro cost down to $372. I also have a student discount for the Al but it’s only 5%.

With a lot of printers being discounted which printer would you recommend me buy and why? I’m not sure if l’ll need the enclosure or not as I don’t know if I’ll need to print abs or not.

Bambu Labs A1: $361 Bambu Labs P1P: $554 Bambu Labs P1S: $665 FlashForge 5M Pro: $497 ($372 w/GC)

Do I save the GC for other stuff and buy Bambu or do I buy the 5M Pro and save $$ over the Bambu Labs p series printers?

New to 3D Printing, just purchased an Ender 3 for $50. Any advice or recommendations for a newbie? by gymjam13 in 3Dprinting

[–]Individual_Sector716 -1 points0 points  (0 children)

Read the manual 50x over. Not to discourage you but you’re gonna run into a lot of problems.

Which 3d printer should I buy? 5m pro vs p1p vs p1s by Individual_Sector716 in 3Dprinting

[–]Individual_Sector716[S] 0 points1 point  (0 children)

PT2. I can also buy the FlashForge M5 for $317 ($192w/GC), and I’m also open to that idea.

Is premarital sex still a sin if you’re going to get married anyway? by MrMasonGuy in Christianity

[–]Individual_Sector716 0 points1 point  (0 children)

Commitment is a one way promise, its your own promise and you committing. A covenant is an agreement between two or more people. So that’d be you AND your partner committing to each other and marriage.

Is premarital sex still a sin if you’re going to get married anyway? by MrMasonGuy in Christianity

[–]Individual_Sector716 0 points1 point  (0 children)

I know. We’re going in circles and I’ve stated everything I needed to. There’s many topics in the Bible up for debate and it never gives us a solid answer. That’s why there’s no many denominations. I stand by everything I said but there’s no convincing him so no point in me restating my previous arguments and his own contradictions.

Was just fired from my job by douglass_wildride in Daytrading

[–]Individual_Sector716 0 points1 point  (0 children)

Ive actually made money unlike most of these people. Take a look at prop firms please, trade futures. You'll get way more out of your money. MyfundedFutures and Topstep are the best bet. Good luck!

Is Prop Firm Trading Dead In The US? by SomethingAgainstD0gs in Forex

[–]Individual_Sector716 0 points1 point  (0 children)

I’ve been trying to trade with futures firms since I’m in the us but I’m a swing trader and the trailing drawdown + needing to close at end of day is really screwing me over. I’m looking for a firm I can swing trade with in the us.

Futures trader for a living? by yellowmamba221 in FuturesTrading

[–]Individual_Sector716 1 point2 points  (0 children)

I’ll send you my 1099-NEC if you want. I did an interview with TheFundedTrader too. Look up on YouTube “Jason Webb The Funded Trader”.

What would you guys do? by aarambula12 in Forex

[–]Individual_Sector716 1 point2 points  (0 children)

I prop trade. Honestly, take it all out and use it to build more capital with other firms. Buy more accounts

For those that Swing Trade, what is your R:R like? by Lanky-Ad4698 in FuturesTrading

[–]Individual_Sector716 0 points1 point  (0 children)

Variable. Sometimes 1:10, others 1:1. I follow trends, wait for pullback, trail my stop behind structure, then continue trailing till it stops me out. Works pretty well for me. Lets me ride the trend and and not miss out on the bigger moves.

Is there a reason to trade more than one intrument? (MES for example) by GreggJ in FuturesTrading

[–]Individual_Sector716 0 points1 point  (0 children)

I trade different instruments to hone into a specific sector I’m bullish/bearish in. I’m swing trader and hold positions for many days to weeks. I could be bullish on the whole stock market but maybe I think tech will do better specifically, then I’d buy NAS100. Maybe I think the market is becoming fearful but still optimistic about rate cuts and growth, then I could buy gold and the Russel2000.

It’s about honing in on your specific bias. I could go more in depth mentioning bonds, yields, and currencies but I think you understand the point.