Prob trading

[Blazaronald]

Wow, I thought it was hard to deal with, because the requirements to become such a specialist are extremely high. And then there's this tempting offer... I wonder how many people you have work in this format and how you control their work?

[Deliniel]

Wow, but I wonder how the manager himself makes a profit? That is, will it be a percentage of the profit or some fixed fee, which a person receives regardless of the result? In general, this is an interesting option of a step forward or the next step.

[Agajurus]

Well, it's brave enough to invite everyone, you must have some sort of selection, so that only the best of the best can manage other people's capital.

[HedgeBitcoin]

Wow, that's interesting, of course, but probably the requirements to manage other people's capital must be serious enough, it's such a big responsibility, it seems to me that not everyone, even with good experience with their money, can handle it.

You are correct. Prop Trading are for those with a lot of trading experience . I decided to go with EnFOID
https://www.enfoid.com/prop?a=8fd90

[Nuathris]

Wow, that's interesting, of course, but probably the requirements to manage other people's capital must be serious enough, it's such a big responsibility, it seems to me that not everyone, even with good experience with their money, can handle it.

[Arcanebringer]

I wonder what criteria a team is recruited by? In my opinion, this profession or position cannot be trusted to anyone, because only those who have an excellent knowledge of trading can manage capital and can implement any idea in practice.

[HedgeBitcoin]

FX pairs look fine. Gold is a little expensive but overall its fine for swing trading. Thanks for sharing this.

[RenkoGuy]

The spreads are not important i think. The spreads are fixed.

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[HedgeBitcoin]

when you have some free time, can you screen shot the instruments to show whats available and spreads?

[RenkoGuy]

How are the trading conditions there? I was on myfxbook and I just realized they are their own brokerage too.

Trading conditions are oke.

[HedgeBitcoin]

How are the trading conditions there? I was on myfxbook and I just realized they are their own brokerage too.

[RenkoGuy]

Understood.

I'm looking into FTMO , They want 10% gain within 10% DD in 30 days. Kinda hard to pull off. I did the free trial, and if you make 10k then lose 10k, you have failed the challenge. https://www.myfxbook.com/members/tra...l-ftmo/4243125 ( I failed here). I'll try again ( free trial) just for testing purposes before throwing some money at them.

I think the business model is to take the sign up fee. The targets are not realistic 10 % in one month makes you gamble. What are you doing when markets are not moving ? Did there challenge and they told me to take more risk !

With the 5 ers you have 6 months to make 6/7 %. They want you to do the opposite don't take to much risk.
Max with FTMO is $ 100.000 (70% for the trader) With the 5ers you can grow to $ 1.280.000 to trade (50% for the trader)

For me its simple the 5ers are by far better than FTMO.

[HedgeBitcoin]

Started last week, up 1.4 % DD is only 4 % so you have to be carefull.

Understood.

I'm looking into FTMO , They want 10% gain within 10% DD in 30 days. Kinda hard to pull off. I did the free trial, and if you make 10k then lose 10k, you have failed the challenge. https://www.myfxbook.com/members/tra...l-ftmo/4243125 ( I failed here). I'll try again ( free trial) just for testing purposes before throwing some money at them.

[RenkoGuy]

Did you go this route? I'm looking into a few of these type of firms. Have any experience with any of them?

Started last week, up 1.4 % DD is only 4 % so you have to be carefull.

[HedgeBitcoin]

Want to trade investors money ? try this https://the5ers.com/?ref=599

Did you go this route? I'm looking into a few of these type of firms. Have any experience with any of them?