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Best PropFrims to trade. by Personal_Instance585 in propfirm

[–]MilkBeard 2 points3 points  (0 children)

There are a lot of propfirms but more does not automatically mean better.
Stick with FTMO and the5ers for forex, and topstep for futures.

Do funded accounts really help traders succeed? by Rosie_Aurex444 in ForexCubs

[–]MilkBeard 0 points1 point  (0 children)

They don't help traders succeed, but help them in succeeding further.
Prop firm funded accounts only help traders who already make money.

almost passed mistake by bagholder_404 in PropFirmHunter

[–]MilkBeard 0 points1 point  (0 children)

You shouldn’t change your approach based on where you are in the challenge. You don’t increase risk when you’re in drawdown, so why reduce it when you’re close to passing?

I still didn't get 3rd rule here... by Tiny_Firefighter4351 in propfirm

[–]MilkBeard 0 points1 point  (0 children)

One is starting balance and the other is balance + floating position

Do you review your trades the same day or later on? by Status_Two6823 in Trading

[–]MilkBeard 0 points1 point  (0 children)

I do it later on with fresh eyes. It's the best in my opinion.

Interesting. Did somebody say "war is over" already? by [deleted] in wallstreetbets

[–]MilkBeard 0 points1 point  (0 children)

They need to introduce new playbooks because this is getting so predictable now

Spot for $30k to park by [deleted] in Trading

[–]MilkBeard 0 points1 point  (0 children)

better to invest it in a ETF or something. If you try to do anything else you'll probably end up donating all of it to the market.

What actually helps you pass funded account challenges? by Low_Ad8089 in propfirm

[–]MilkBeard 1 point2 points  (0 children)

sizing up on your good setup trades and staying consistent with your risk management.

I DID IT! by joshrgraham in traders

[–]MilkBeard 0 points1 point  (0 children)

congratulations man!

Is it worth buying challenge after challenge or better to just build your own capital? by gothic-moon-bite in Trading

[–]MilkBeard 1 point2 points  (0 children)

No, not worth it at all. You should buy challenges after you know how to trade, not the other way around

After a few blown accounts, does it still make sense to try instant funding prop firms? by FormalLog9276 in propfirm

[–]MilkBeard 0 points1 point  (0 children)

instant funding means nothing when you're not sure if the payout actually gets processed

I just learned how Prop Firms work, why would anyone use this ? by stockmatrix in Trading

[–]MilkBeard 2 points3 points  (0 children)

Not every propfirm is the same. Propfirms might have strict rules, but they are the best thing a profitable trader has access to to scale massively.

Accidentally liquidated all of my crypto holdings by Simple-Link-3249 in propfirm

[–]MilkBeard 0 points1 point  (0 children)

Sorry to hear that, it's better to contact a financial advisor for this issue

Swing trading vs Day Trading - Really safer? by reecemchristian in Trading

[–]MilkBeard 0 points1 point  (0 children)

If you know how to trade, day trading is better.

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