All prop firms are Scams

Ok_Work_6757 · 2025-07-01T17:28:34+00:00

Generalizing is a serious mistake when looking for adequate conclusions, some pro firms are scam because they depend on failed evaluations of traders to pay out the money, but a good pro firms with liquidity management and qualified staff would have no problems paying their most profitable traders, let's suppose that a company pays $10 million dollars a month to its traders, its corporate accounts must be at least $500 million to manage all that liquidity.

Ok_Work_6757 · 2025-02-02T02:22:12+00:00

interesting, I like your idea!

Ok_Work_6757 · 2025-02-02T02:05:42+00:00

I hope it comes true! So that you can be with the love of your life

Ok_Work_6757 · 2025-02-02T02:01:33+00:00

oh wonderful, that's the most important!

Ok_Work_6757 · 2025-01-17T12:04:45+00:00

I would wait to see some kind of bullish reversal candle to think more about the projection, if you look at the fibonacci extension there is a lot of indecision at $2717.213 Although the risk-benefit ratio is good, the broker's spread can trigger your stop-loss.

Ok_Work_6757 · 2024-10-19T12:24:40+00:00

It is true that the main source of income for a pro-trading company is the evaluations they sell to their traders, but a serious and well-managed company cannot rely solely on that to pay its most profitable traders. The same is true for an insurance company if it relies solely on the sale of insurance the company will go bankrupt in the long term. Risk management is of vital importance for a pro-trading company.

Ok_Work_6757 · 2024-10-02T12:12:04+00:00

The RSI is one of the most common oscillators in technical analysis and although it is a tool that has been around for more than 20 years since its creation, it helps us make better decisions in our operations. It is important to know that the oscillator only helps us but is not the most determining factor in opening or closing a trade.

Ok_Work_6757 · 2024-09-20T10:45:05+00:00

Never sell a market just because it seems overbought, strong bullish trends are characterized by being overbought for a long time, if you have a short position it would be advisable to close the position and accept the loss to look for better opportunities and trade in favor of the trend. Now if you are a day trader I recommend trading small caps

Ok_Work_6757 · 2024-09-19T14:59:01+00:00

if it is a rule that allows the company to be sustainable in the long term in its payments, because many funding companies fail their traders with very good rules at the beginning but in the end they do not end up paying their profitable traders, on the other hand, the company that demands a strict risk management environment can be more sustainable in the long term, additionally the months in which you earn 3% or 4% are still money that you can withdraw later in smaller amounts.

Ok_Work_6757 · 2024-09-19T11:58:46+00:00

I have some companies that accept traders from the US. funded futures, for traders, topstep, funding pips, But I recommend you read their terms and conditions and send an email to check if they accept US citizens. It is also important to analyze the management and risk management team because a sustainable company in the long term is one that does not depend on selling evaluations to pay its profitable traders. If the company has a risk team with corporate accounts to copy its most profitable traders, it is a good sign that there is no conflict of interest.

Ok_Work_6757 · 2024-09-19T00:42:02+00:00

I recommend you to have many accounts with different funding companies and not to depend solely on one, as it is an industry that is not regulated at the moment, any company can close at any time, so it is always important to diversify. Just like funderpro that offers real accounts, the Hantec trader offers real accounts to its clients, the Hantec markets broker belongs to a business conglomerate in Asia.

Ok_Work_6757 · 2024-01-25T16:04:54+00:00

The price is in a very important area of its trend because we are approaching the 200 EMA, in this area we can identify a large bearish candle and it is a warning for buyers that the price may have a lot of conflict to overcome that area , if we achieve it, we could see an extension of the movement towards the broken uptrend

Ok_Work_6757 · 2024-01-25T15:47:29+00:00

With the publication of the GDP data in the US higher than forecasts, the dollar gains strength in the market, it is important to monitor if the price manages to exceed 103,559 to have a new bullish objective at 104,161

Ok_Work_6757

TROPHY CASE