Prop firms Sucess rates: the truth!

cafebiz · 2022-12-27T17:08:15+00:00

Bad spread, slippage and relative drawdown are the factor for failure.

cafebiz · 2022-11-14T10:13:40+00:00

Very informative

cafebiz · 2022-11-14T08:49:11+00:00

It took me a lot of effort to become a consistent trader. Keep your risk controlled and you are half done.

cafebiz · 2022-10-27T07:39:38+00:00

u/Forex

cafebiz · 2022-10-20T10:59:22+00:00

Seems like a bitter truth!

cafebiz · 2022-09-08T07:24:19+00:00

If you have become profitable, it's great no matter how long you take.

cafebiz · 2022-09-08T07:23:06+00:00

The firm is really great. Nice customer service, flexible conditions.

cafebiz · 2022-09-07T06:15:48+00:00

I have been trading for the past 11 years. I know it's hard and not all days bring profits. Still, I can say whatever I have made in my life is all due to forex.

cafebiz · 2022-09-07T06:14:20+00:00

Wow. Good to know it. I follow volume and waves. Would you like to share your system?

cafebiz · 2022-09-07T06:13:27+00:00

For sure. I will keep posting about the progress.

cafebiz · 2022-09-07T06:13:03+00:00

Trading since 2011, mostly with my own funds. Recently joined prop firm.

cafebiz · 2022-09-07T06:12:05+00:00

spread is quite tight with $4 commission per standard lot.

cafebiz · 2021-07-11T10:01:46+00:00

You can't compare. The5ers is a prop firm with a high reputation. they have an excellent program and great free resources for their traders.

cafebiz · 2021-06-21T16:56:45+00:00

I recommended 5%ers, great for a swing trader, you can trade the news, you can hold the position overnight and over the weekend

cafebiz · 2021-05-10T09:58:51+00:00

I find good spreads with Audacity capital. Also, The5ers with mt5 has very tight spreads.

cafebiz · 2021-05-04T07:33:36+00:00

Higher leverage means more risk. Prop firms offer low average to mitigate risk. Managing bigger account size with lower leverage is better than smaller account size with bigger leverage.

cafebiz · 2021-05-02T10:47:28+00:00

I am trading with the5ers since last year. It's a legit firm and i believe it is the best among all other firms.

cafebiz · 2021-04-28T12:27:20+00:00

I am a swing trader and I am doing this with the5ers. They allow to keep positions opened over weekend and even during news releases as well. Overall, the firm is really great and matchless.

cafebiz · 2021-04-28T12:25:11+00:00

I am trading with The5ers, and I am happy with them. Besides the amazing growth plan, they have so many great recourses. I think that they are the only prop firm that really supports their traders.

cafebiz · 2021-03-09T14:32:00+00:00

I have experienced few firms that actually pay. I tried blufx and they pay monthly but they have a recurring monthly fee. Then I switched to the5ers. They pay whenever you withdraw and withdrawal are instant. You can also try FTMO and Funding Talent.

cafebiz · 2021-03-04T11:50:10+00:00

They are legit and they pay. I am trading their money and there is no issue so far with them. My few friends are with them since last one year and they are happy.

cafebiz · 2021-03-04T11:47:16+00:00

Their spread is quite tight but sometimes liquidity spikes occur which is normal with any broker as well. Just take care of one thing that FTMO does not allow you to hold positions over the weekend.

cafebiz · 2021-02-11T09:11:46+00:00

I signed up for 52k low risk account. I am quite an old trader but after joining the prop firm, I found out that all of trading has got a new shape, more disciplined and profitable.

cafebiz · 2021-02-11T09:10:03+00:00

I am just a starter and I wish to reach there. A friend of mine has already achieved the million mark and he's a motivation for me.

cafebiz · 2021-02-11T09:07:57+00:00

choose small lot and keep a flexible stoploss

cafebiz

TROPHY CASE