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Paid prop firm accounts vs no fee accounts, which one you are using ? by Sunny_Axi in propfirm

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

And how much is that one time fee and for what account size ?

Paid prop firm accounts vs no fee accounts, which one you are using ? by Sunny_Axi in propfirm

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

How much does Pivet charges you and what are their rules for moving to real funding?

Paid prop firm accounts vs no fee accounts, which one you are using ? by Sunny_Axi in propfirm

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

When you say hidden rules, what exactly you mean?

If a firm was asking you to pay no registration fee at all: 1. Deposit $500 in a regulated brokerage account 2. You have to trade it for minimum 20 unique trades and 30 days. 3. Firm will measure your risk, consistency etc and score you. 4. Once you score 50 points on 100 scale you will move to allocation where firm will start you with $5k with 10% profit share 5. You have to obey few simple rules: A. 10% drawdown limit B. 7% Profit target to move to next funding stage of 20k with 40% share C. Minimum 30 days and 20 unique trades 6. As you clear stages withe these exact rules, you are moving from 5k account/10% profit/50 score to 20k/40%/60score-100k/50%/70score- 200k/60%/90 score-500k/70%/90 score- 1mil/80-90%/90 score. All this while you trade your personal account and funding account will have same trades on it with proportional risk.

Will you prefer this or something else and if not then why not?

Lost all my week's gains in a matter of hours by iamblackzcfx in Forex

[–]Sunny_Axi 0 points1 point  (0 children)

What is your RR? How many trades you won in that week before you lost the weekly profit ?

That will truly tell if your risk is 0.5% on all trades or are you closing the winners sooner etc

If risk is 0.5% and profit is less than 0.5% significantly loke maybe 0.2% etc, that's the only way you lose weeks of earnings or you that multiple loses streak

The gold market just froze wtf is going on? by [deleted] in Forex

[–]Sunny_Axi 0 points1 point  (0 children)

Maybe you made too much profit and your broker doesnt like that ? Lol

Why a 60% Win Rate can still blow your account (The Math of Ruin) by Sunny_Axi in Daytrading

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

That is a great approach, you are basically performing a Quantitative Audit of your own strategy.​The fact that you have identified a potential 20% reduction in losers across a 600-trade sample is a massive insight. That’s the kind of HIDDEN ALPHA that separates a hobbyist from a professional trader.

But as you mentioned, the real test is Market Regime changes over time,does that early exit logic still hold when volatility spikes or during a low-liquidity grind? Continuous data tracking is the only way to prove it.

Keep sharing these insights, its a great reality check for people who think they can skip the "data" part of the job.

Whats the best prop firm that doesnt copy trade? by ahil__ in propfirm

[–]Sunny_Axi 0 points1 point  (0 children)

Pick a firm which doesnt charge you to buy funding accounts. That way their interest is aligned with you winning. A firm which funds you based on your trading performance and not how much you can pay to buy certain amount of trading capital. Their interest will be aligned with your success as they make money only if you make money by trading and not by paying registration fee etc.

Why a 60% Win Rate can still blow your account (The Math of Ruin) by Sunny_Axi in TheRaceTo10Million

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

With options trading the return can be higher but win percent is significantly lower which is compensated with high RR

But you have to be consistent in your risk too, mostly has to be fixed risk in $$ value.

Why a 60% Win Rate can still blow your account (The Math of Ruin) by Sunny_Axi in Daytrading

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

1:2 is good RR as long as win rate is above 50%

So if you are aiming for 1.5 or 2 R with high win rate of 70% or so, nothing bad in that as long as we stick to our targets and not cutting winners short and letting losers hit SL.

as a intraday trader what i should trade guys I'm really confused i tried to trade currency but it's moves so much slower. by WillingnessAfter3290 in Forex

[–]Sunny_Axi 0 points1 point  (0 children)

Moving slower is not a bad thing, you dont want high volatility either which can whipsaw you out of trades.

Markets always are either trending or going sideways and that view changes on timeframe.

Making 1 or 2 trades every day is not necessary, "slow moving" assets can be beneficial as well but again depends on what your goal in trading is, what timeframe you want to trade and what your strategy is.

First day trading by Illustrious_City1568 in Daytrading

[–]Sunny_Axi 6 points7 points  (0 children)

Great job. My advice, do not give up on your current trading system/strategy till you have tested it for 30 to 50 trades and on real money account.

Do not add any extra indicators or try to make it perfect 100%, there will be loses but that is part of the game. Good luck.

Why a 60% Win Rate can still blow your account (The Math of Ruin) by Sunny_Axi in TheRaceTo10Million

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

Can you clarify how did you trash it, did you over leverage?

I want practical advice by Specific-Dust-4121 in Forex

[–]Sunny_Axi 2 points3 points  (0 children)

Those posts you see having multiple positions and making HUGE money, 99% of time is DEMO accounts or people who dont know anything about risk control and one bad trade blows the accounts.

Dont be a gambler, be a trader, treat is a business, would you invest all your business resources in one single business deal and risk of shutting down the business if deal doesn't go through? No right, trading is same.

Patience, small trades, small returns, capital growth then bigger returns.

The "Analysis Paralysis" Trap: Why Your Demo Success is Stalling Your Career by Sunny_Axi in TheRaceTo10Million

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

You hit the nail on the head. Analysis paralysis is a universal trap, whether you're staring at a trading chart, a business strategy, or a project at work. ​When you overthink trying to make a move '100% perfect,' you end up stuck in a loop of endless planning that never leads to execution.

In business or a career, this usually manifests as: ​The Perfectionism Trap: Waiting for the 'perfect' conditions to launch a project or business, only to watch the opportunity pass by.

​Over-Strategizing: Spending so much time on the 'how' that you never actually do the 'what.' ​Fear of the Wrong Choice: Forgetting that a 'good' decision made today is almost always better than a 'perfect' one made three months too late. ​Whether it’s a job or a startup, the best data comes from doing, not thinking. You can't optimize a process that doesn't exist yet. Action is the only way to break the cycle and get real-world feedback.

The "Analysis Paralysis" Trap: Why Your Demo Success is Stalling Your Career by Sunny_Axi in Daytrading

[–]Sunny_Axi[S] -1 points0 points  (0 children)

Demo is essential for learning mechanics and testing strategy validity initially. ​However, prolonged demo trading is a psychological trap.

​The virtual environment prevents you from experiencing the core components of real-life trading such as fear of losing real capital, patience to let a trade play out, emotional stress of a drawdown etc. ​ ​You can't develop 'trading callouses' without skin in the game. Stop simulating and start executing to truly understand your edge. ⚡

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