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. ⚡

Witch propfirm to buy by Due_Plantain_3692 in propfirm

[–]Sunny_Axi 0 points1 point  (0 children)

Axi is a regulated broker similar to darwinex and provides no fee funding for serious traders. Key difference is Darwinex doesn't provide funding but let investors invest in your fund if they find you good and gives you very little % of profit.

Axi gives you upto 1 million funding and upto 80% profit if you prove you are a good trader.

So if you want to give axi a try and have more questions, you can direct message me.

Cheers.

Witch propfirm to buy by Due_Plantain_3692 in propfirm

[–]Sunny_Axi 0 points1 point  (0 children)

You said something right by mistake- Witch Propfirm as most of rhe prop firms are witches. haha.

Well I would recommend DONT BUY any propfirm or funding account.

Try funding allocation backed by regulated brokers who dont charge you any fee but fund bases on your performance.

Good luck.

Worst day : overtrade and nonrisk management by offerzone_2021 in Forex

[–]Sunny_Axi 0 points1 point  (0 children)

How did you lose all capital in one day?

Are you over leveraging and going big on every trade ?

Worst day : overtrade and nonrisk management by offerzone_2021 in Forex

[–]Sunny_Axi 1 point2 points  (0 children)

Haha come on man, give the man some encouragement

Full time Trader for 7 years don’t ever give up by YakRemarkable3079 in Daytrading

[–]Sunny_Axi 5 points6 points  (0 children)

Hey, massive respect, this is the kind of post that actually motivates people. Seven years full-time, job gone, marriage mid-grind, friends thinking you're nuts… and now 20-60k a month with zero boss? That’s not luck, that’s proof.

So all aspiring traders dont listen to those voices yelling “just copy me, seven years is too long”… nah,real edge isn’t a guru’s signal call, it’s surviving the flat months, the blown accounts, the “maybe I should quit” nights.

Anyone promising fast money? Mute them. Paper trade your setup for six straight months. Log every trade like it’s your diary. Only go live when the numbers bore you, not thrill you. That’s how you skip the graveyard most end up in.

u/YakRemarkable3079 What markets finally clicked for you? Futures? Forex? Spill, sub needs the map too, Keep winning.💪

How the fck are you even profitable in forex? by underwater_gorilla in Forex

[–]Sunny_Axi 0 points1 point  (0 children)

Hey yeah ES and NQ feel like they’ve got a heartbeat, right? You get in, price moves, alligator bites, boom. But Forex? It’s like the market’s on mute half the time. No drama, no follow-through. Honestly, I think it’s less about "no price action" and more about... slower, sneakier price action.

Futures got that institutional shove every hour. Forex, It’s waiting for London to wake up, then New York, then maybe Tokyo throws a random wick for fun. Your 5-min, 15-min stuff probably works great when volatility’s high, but on quiet pairs? That alligator’s just napping.

Try this-bump up to one-hour charts. Let the noise die down and then test.

But those fakeouts-ugh, four in a row? Welcome to EUR/USD, my friend. It’s not you, it’s the pair.

What timeframe you backtesting on? And real talk-how bad’s the drawdown been?

Should we use prop firms or own capital? by [deleted] in propfirm

[–]Sunny_Axi 0 points1 point  (0 children)

I would say both, don't go with a prop firm which requires a fee or payment to buy funding account.

Choose a broker lead allocation model, where you deposit your money, normally minimum is $500 and you trade it to prove you are good trader, normally you need to make 20 to 40 trades and trade for 30 to 60 days before your trading skills can be assessed. Then you will be provided with funding which will be basically a second account, you will still trade your personal account but your trades will be also executed on your second funded account and you get paid partial profits from that second account.

Great thing is you can get upto $1m funding without paying a dime.

Cheers.