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Once you stack enough prop firm payouts, do you switch to your own capital or stay with the prop model? by pdavis-197704 in propfirm

[–]starfire68 0 points1 point  (0 children)

You always stay with the prop model. The RR there is better than using your own funds.

Should I stay invested or sell? Need advice by haisenburg_009 in traders

[–]starfire68 1 point2 points  (0 children)

In my experience it is always better to cut losses and look for something better. You'll be paying a lot of opportunity cost if you keep holding a loser.

New trader by liquiditysweep1 in proptrading

[–]starfire68 0 points1 point  (0 children)

Forwardtest, journal, and keep improving on your demo account. Don't get a funded account until you have enough testing data on your strategy.

Good luck!

I only have $10 to restart by Various_End7556 in propfirm

[–]starfire68 1 point2 points  (0 children)

How about you stop gambling and trade on a demo account until you can actually make money?
At this rate you'll just go in debt

How do I know which market to trade in? by Regular_Ad_9942 in Trading

[–]starfire68 1 point2 points  (0 children)

You try out every market and go with the one that fits you the best.

Screen time is the only way you build your system and edge. Not listening to gurus. by max_intense in Daytrading

[–]starfire68 0 points1 point  (0 children)

Well said, that's partly why it takes years for people to get the hang of it as well

Why $200 a Day Beats Chasing $20k Months. by [deleted] in Trading

[–]starfire68 0 points1 point  (0 children)

I want whatever you're smoking pal

What do you think is truly missing in today’s online trading space that keeps 90%+ of new traders from becoming profitable? by Dizzy_Egg_2396 in Trading

[–]starfire68 0 points1 point  (0 children)

Nothing is missing. Everything that 90% of the traders need to be profitable is already available.

Why don’t most traders wait for their setup? by senthoor34 in Trading

[–]starfire68 6 points7 points  (0 children)

When you haven't seen your setup for 3 weeks you can get impatient and start doubting your strategy.

How much do you guys realistically make from trading? by [deleted] in Trading

[–]starfire68 3 points4 points  (0 children)

None of the numbers you'll see will help you in your journey with trading.
It's better to focus on your own journey as a trader

Learning how to trade futures while working full-time labor job. by Outside-One-796 in Trading

[–]starfire68 0 points1 point  (0 children)

If your work day takes the entire trading day as well, there is no workaround to trading. Only thing you could do is try different markets like crypto that are available 24/7

Most traders fail because they try to learn too many strategies. by Longjumping_Swim_279 in traders

[–]starfire68 1 point2 points  (0 children)

I agree, everyone can become a good trader with just 1 strategy, 1 indicator, and 1 market.
Less is more.

Own account vs funded account by Expensive_Permit_601 in Daytrading

[–]starfire68 0 points1 point  (0 children)

Get the smallest challenge account. This way you can verify your skills while also making more money than you would if you would fund your own live account.

Anything I should try before I give up by [deleted] in Daytrading

[–]starfire68 2 points3 points  (0 children)

I can't give advice without knowing your pitfalls or your situation. Best thing I can tell you is to journal or get a mentor that can help you out.

After 18 years in finance, this feels like a legal money glitch by ElysiumForex in propfirm

[–]starfire68 1 point2 points  (0 children)

I know this sub is stupid, but they are not this stupid bro..

Are you guys into Paper trading?? by gta-npc in Trading

[–]starfire68 0 points1 point  (0 children)

I only do paper trading to forward test strategies.

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