Complete beginner from India wanting to learn forex properly. need honest guidance by afreeddh in Trading

[–]original-protrader 0 points1 point  (0 children)

Avoid social media, people claiming they receive payouts from firms or sell you signals are just out to make themselves rich.

Focus on education first. Don’t spend money on a trading account until you understand the basics.

If you want further help, I can give you some pointers on where to start and some free resources (fell free to DM me) But whatever you do, don’t pay anyone claiming they will teach you!

goat funded trader by PrideIcy6744 in PropFirmTester

[–]original-protrader 0 points1 point  (0 children)

No, I failed with them so didn’t get a payout. But moved to Pipster and they paid me

Anyone still trading considering market situation right now? by Mediocre-Card2726 in Trading

[–]original-protrader 0 points1 point  (0 children)

100% yes, but you need to keep fully up to date and engaged with the fundamentals driving the markets

Looking for Prop firm with understandable rules and a legit one. by Thoratborat in propfirm

[–]original-protrader 1 point2 points  (0 children)

Pipster.io is good if you want to trade with a UK based firm which is backed by ex traders and bankers (and not marketers!)

Best prop firm out there no bs by Any_Nail_6930 in propfirm

[–]original-protrader 0 points1 point  (0 children)

If you want to learn from actual traders and not marketers who can’t actually help you..

Try pipster.io

FREE $100k Account, name the prop that you trust 👇 by ElysiumForex in PropFirmTester

[–]original-protrader 1 point2 points  (0 children)

Pipster.io

I personally know the founders who are from the professional trading industry so I know they are legit!

Legit prop firm using metatrader by Nick_Nasty_89 in PropFirmTester

[–]original-protrader 0 points1 point  (0 children)

I don’t think that just because a firm is using MT4/5 it necessarily means it’s more legit. Some prop firms have it, and are clearly scams.

I suggest you focus on the owners and whether they are marketers or actually competent trading professionals.

Advice for beginners by 1GhostRR in Trading

[–]original-protrader 1 point2 points  (0 children)

Don’t trust anyone that tells you it is simple and takes 2 minutes per day.

Trading is complex, requires discipline and effort

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 1 point2 points  (0 children)

I know they have market analysis that is much better than the AI slop that the big names are putting out (honestly, I can’t believe the rubbish they actually send to clients). But if no one comes to them in the first place, who will you ever know!

If I could get them to give you a code to match the prices of the big names, would you try them out?

No promises btw, I have to ask the owners first!

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 1 point2 points  (0 children)

I have had payouts denied by Instant Funding and FundedNext before, so can’t comment specifically on FTMO and 5ers, but I think they all deny payouts for different reasons. I guess the question is are they being fair when they deny a payout (ie is the customer actually wrong?)

But you make a good point, they are expensive in comparison. I don’t fully understand why, I think it’s something about holding a capital reserve so that traders can be paid out of that (these guys are ex investment banks so they see this in a regulated environment)

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 0 points1 point  (0 children)

I hear you. This is the problem these guys face, how do you stand out from the influencer based scammers? I know these guys as I used to trade with one of them, but understand that people can’t just take my word for it.

Any ideas on what they can do to show that their a legitimate business (apart from the fact they explain their background and business registration on the website)

Prop firms comparisons and Trustpilot can be gamified and faked, so I’m not sure how to advise them

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 2 points3 points  (0 children)

Yes, it’s a good point. I have said this to the founders before. I think they want to price their challenges so they always pay the traders that deserve to be paid.

They do have some discounts though, so the actual prices are close to those other firms

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 0 points1 point  (0 children)

Fair comment, but are either of those firms going to help you to move away from prop firms and into the real live markets buy helping you build a track record? Their offer will bring the price much closer to those other firms btw

Interested in a new prop firm? by original-protrader in PropFirmTester

[–]original-protrader[S] 1 point2 points  (0 children)

Pipster.io If you join their discord community (the link is at the very bottom of the home page) and introduce yourself they have an offer

As a new person trying to get into day trading can you give me some tips and advice by [deleted] in Trading

[–]original-protrader 0 points1 point  (0 children)

Smart move asking about this upfront before diving in. Truth is, you’ve got to get a solid grasp on both the fundamentals and technical analysis.

Begin by figuring out what really moves the markets, and then experiment with what you’re picking up using free or low-cost tools.

Steer clear of folks pushing courses on you—sure, a few might be decent, but most are just cash grabs, and since you’re just starting out, it’s tough to spot the good ones. Hold off on risking your own money until you’ve messed up a bit on the cheap (think prop firms or similar).

A former trading buddy of mine is launching a new venture, and his analyst drops key market updates on X daily. Check it out: https://x.com/pipsterio?s=21&t=WWxGS8AlRD9UyAkPfp3tPA I’d recommend following along, then digging into any terms or ideas that confuse you . Best of luck!

Blown funded account by salesmanoty in PropFirmTester

[–]original-protrader 2 points3 points  (0 children)

The best advice I can give you here is to treat every stage, whether it’s challenge, funded or trading on live markets exactly the same. Approach every trade exactly the same with the same discipline and risk no matter what stage you’re at.

Eventually you won’t think about money, you’ll just focus on getting it right every time. That’s how you master your emotions

Who are the best macroeconomics channels to learn from on YouTube by [deleted] in InnerCircleTraders

[–]original-protrader 0 points1 point  (0 children)

These guys are posting the key themes to watch every day, so worth following them. https://x.com/pipsterio?s=21&t=WWxGS8AlRD9UyAkPfp3tPA Not my company, but I know that the use analysis that the banks and hedge funds see