The5ers - Trading & Growth Program

OK, so it's boiled into two options; you can take a loan from your broker that would let you extreme leverage 1:150 at some cases 1:550 (your math for using DD). Or you can take a loan from The5ers that provides the capital margin that needs 1:6, but also gives you much more once you are meeting targets.
Take your leverage-loan from any service you think can accelerate your trading success.

Your argument about leverage is understood. The5ers Leverage. Yes, we do, we are a funding program, it is a part of what we do. The leverage of itself is not the full package.
What thousands of our traders see that you wish not to see, is that the program provides plenty more than leverage accounts.

Atta boy robots4me. Now you know what Cypher was talking about while biting into that rare steak and swishing his glass of red wine.

Another benefit to prop trading that I rarely see mentioned is for US traders. As a US ciitizen the pickings are pretty slim when it comes to non-US brokers that will accept US clients. There are a few that will accept US clients, but they are unregulated and located on islands I've never heard of.

But with prop trading it's not my account -- e.g. in this case, the account belongs to @the5ers. And I'll give them the benefit of the doubt that when it comes to choosing which broker(s) to go with they are not only wiser than me but also have a much broader selection to choose from. As a US client this is yuuuuuge...

Synergy Live Trading Event

Watch as 8 of the world's top professional traders share their screens and show you exactly how they execute their trades LIVE on December 8th.

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https://the5ers.com/get-started/synergy-traders-event-25

Attached Image (click to enlarge)

Forgive me @OutThere, just to be clear:
- the arguments you bring (rightly or not) apply to all prop companies. All of them
- the marketing you criticize (rightly or not) is the same for all prop companies. None excluded.

Finally, other information is due for correctness:
I have had personal accounts with 1:500 leverage for 8 years.
From 2012 onwards, however, it has happened that, gradually, all my best Brokers have followed the most restrictive lines of the regulators, who want (in the final) only the ruin or the elimination of small Traders. Please, let's not start a regulator talk, or we'll never finish it.

One after another, I had to leave one Broker to switch to another, if I wanted to keep such a high leverage.
The number of reliable Brokers, but I mean truly reliable, in the World is reduced to the bone, and is certainly less than 10 (I am talking about Brokers that a small Trader like me can access).

America began the world cycle, followed by Europe and now (news of these days) Australia has been added. There is only New Zealand left, but I think it's still for a short time.
Extensive discussion about it:
https://www.forexfactory.com/thread/...t-intervention
True ... some of these Brokers allow you to open their accounts with "tax havens", but it is not the same thing. I'm sorry to say.

So if anyone wants to play for a few hundred or a thousand dollars, this someone is free to play with anyone.
IF a person wants to build a commercial career and earn from his full-time job in this industry, that's another story.

Regarding your post, where you equate a 1,280,000 prop company account to a 51,200 private account, I'll tell you what I think:
now we are in 2021. I have been following the markets every hour, all day and with my eyes fixed on the screen, for many years.
I have seen the continuous and never the same evolution, year after year, of the Markets. Just as an EA has to adapt to the variation of the Markets (Equities-FX-Futures) so too I have had to vary my strategy every year.
But what I saw this year, from January onwards, surpasses all reality and is getting closer and closer to science fiction, the one so loved by me, by you and by many, but which once lived, drives mad with anger and makes fear.
What happens today, I already knew over 15 years ago. But I didn't want to believe it or hoped it wouldn't happen during my generation
- Health control (with the spread of a pandemic and with compulsory vaccinations if you want to live in society).
- Financial control (with full electronic payment and total exclusion of cash).
- Control of personal freedom (with the obligation to stay in one's home).
- Control of personal finances (with lack of work, embezzlement of your capital and maintenance with ridiculous social shares, which make life not self-sufficient)
- The economic markets now crazy and close to collapse (it makes no sense and there are no fundamental analyzes, technical analyzes or geopolitical analyzes, which justify every day and without rumors, a movement of one minute of +80 pips and after 15 minutes a contrary one of -120). So only speculation and/or manipulation.
It will be normal for those starting this year, but long-time Traders, know that this is not the case (at least not for FX).

Am I crazy? Am I exaggerating? Blessed are those who live in ignorance or live blindfolded.

So I keep my 51,200$ or more (cash-physical gold-diamonds) in my account and at home (or a safe place), as long as this "World Order" allows me, and invest 500$ in multiple accounts and prop companies.
Will everything end well and will there be a revolution that will bring everything back to normal? If I am good I will earn.
Will it get worse and worse, as all the evidence I have in my hand tells me it will end? If I'm good, I'll have a few more chances to make money with a big company behind me.
What if I'm not good? I will still lose money either way.
With a few more chances to survive by collaborating with a prop.

Limiting risks, is not only a wise precaution of a Trader, but must also be a common practice for every human being.
Assets split across different bank accounts, investments split across different Brokers, capital and assets split between accounts and domicile.
New rules of 2021?
I know with certainty, that big investors have always done this, but also simple people since the dawn of time.
My generation has what it has, thanks to our grandparents and our parents, who have allowed us (until now) to support ourselves, to live or survive well.
I don't envy my generation and the future ones, who will have nothing to leave to children or grandchildren.

Sorry Gill for this disgression. I had to do it.

"My generation has what it has, thanks to our grandparents and our parents, who have allowed us (until now) to support ourselves, to live or survive well."

@Trader-IT -- Yes, we stand on the shoulders of giants...

IT, we love your contribution to this thread. please feel free to sugar us with your knowledge and insights. :-)

Forex Trading Room December 7 - 11, 2020

Here's today's recording Forex Trading Room Session.

Inside Today’s Forex Trading Room Session we analyzed the charts for the upcoming week, we start with the higher time frames and then check the lower time frames to look for intraday opportunities. We took a nice long trade on EUR/USD for more than 25 pips!

Enjoy!

Exclusive version for The5%ers

For other currencies, see in paperclip Thread or on my profile (files attachments)

Just a curiosity:
the two images above were taken less than a minute and a half, from each other.
Note the change on the USD currency. A very sensitive and precise instrument, without comparison among other CSM.

For this, I have chosen (and love) this tool, which can be used in different ways.

I forgot to remember:
It is not a direct relationship BETWEEN the two currencies in the field, but the relationship between the currencies, calculated on the main 28 pairs (usd against the others ... cad against the others etc. etc. etc.).
This is what makes it interesting and very important, in the calculation and study of the force IN a single pair.

The ideal, however, is to have (even or only) the general picture of the 8 complete currencies under your eyes. For this there is the full version.
These different reduced versions, exist for a possible lack of space on the monitor, or to focus attention on a single pair.

OK ... I'm done.

Understanding the buying power of leverage and lot size in your trading account - The5ers Leverage

Fortunately this tough week, ends tomorrow.
Do like me... a nice smile.
After 4 days of forced labor (trading), it takes !!!

You can smile as much as you want now, tonight or also tomorrow and, if it you helps, think of me.

PS:
A selfie of mine now

@Trader-IT -- what kind of music are you listening to?

I could imagine he is listening to "The Grateful Dead"!

No music when trading.
The magnificent EA for trading (which we all have between the ears and behind the eyes), only works 100% if it is fully tuned to the charts.
And in complete silence
(in the image I was on a coffee break).

As for my musical preferences, I oscillate between House (to charge me up) and soft music (if I want to relax).
As for the House, at the turn of the year 2000, I was the owner of one of the few dance club in Italy, which played House Music after hours (from 02:00 AM to 11:00 AM on Sunday). People also traveled more than 300km to come and dance from me. My DJs played futuristic House of avant-garde, mainly German (33 rpm discs in pre-release). Songs heard on the radio (as commercial hits), over 3 years later. A beautiful moment of life and a great satisfaction, which is now part of my story.

For those who love the genre and are more or less my age, two champions of the time:
year of commercial release 2000 - Sunkids feat Chance - Rise Up


year of commercial release 2001 - Deepswing - In The Music

@Trader-IT -- great story -- thanks! Unfortunately (or fortunately) my dancing days are over -- but I passed my moves on to my son and daughter... I'm a child of rock'n roll (and my ear drums will confirm that).

Is your EA profitable? Cause I am such an unbeliever.

Exclusive version for The5%ers

For other currencies, see in paperclip Thread or on my profile (files attachments)