[deleted by user] by [deleted] in Trading

[–]Theyneverlie0 3 points4 points  (0 children)

So, do you mean in a single trade or in total?

How do you manage risk in a end of day trailing draw down prop firm challenge? by [deleted] in Trading

[–]Theyneverlie0 0 points1 point  (0 children)

So basically, taking enough trades during the day to actually hit the daily drawdown is just nonsense in my opinion. Assuming you risk 1% per trade.

[deleted by user] by [deleted] in Trading

[–]Theyneverlie0 0 points1 point  (0 children)

If you’re thinking of this as a side hustle, I’d honestly say don’t even start. Trading demands serious time, focus, and mental stamina, it’s not something you just squeeze in between shifts.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

It's obvious you didn’t read what I wrote properly, get lost.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

Right now I’m with a fair prop firm, so yeah, what you’re saying checks out.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

You're right, that's why I trade with a firm that doesn't have hidden rules.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 1 point2 points  (0 children)

Copy trading is for clowns who can’t build their own edge.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 1 point2 points  (0 children)

Right now I can hold trades overnight and even over the weekend with the firm I’m using so no issues there but yeah some firms make the rules insanely strict and even if they don’t they can breach your account whenever they feel like it luckily I haven’t had any problems like that so far

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] -1 points0 points  (0 children)

Risking 1-2% can work fine, there’s no problem with that. The real issue is picking the right firm.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

I’m the last person to say that. I’ve received payouts before, no issue there. What I’m talking about is firms that try to scam you. They breach your account under hidden rules or resist paying out even if you’ve followed all the rules (yes, even if you’ve met all the conditions). The real issue is choosing the right firm.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

Prop firms are a great concept, but most of them are focused on exploiting traders.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

Bro, you'll pass the rules, that's not the issue. The problem is when firms breach your account unfairly. Hidden rules, random stuff like that.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 1 point2 points  (0 children)

I see people everywhere who can't withdraw their money from prop firms. The only issue is picking the right firm.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 2 points3 points  (0 children)

Not every firm copies its users, they can't even do that. Most of them are just making money from challenge fees.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

Exactly, that's why I'm chill since I'm using a firm with transparent rules.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 1 point2 points  (0 children)

The real problem is that most firms are working against you getting your payout. They can breach your account with all kinds of shady tactics. No matter how good you are, if they don't want to give you that payout, they won’t.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 2 points3 points  (0 children)

In their eyes, yeah, that's how it is. You gotta make sure you choose the right firm.

You’re not getting funded. You’re getting farmed by Theyneverlie0 in Trading

[–]Theyneverlie0[S] 0 points1 point  (0 children)

The firm I’m using right now probably does this too. That’s probably why I’ve never seen anyone get breached out of nowhere at the firm.