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Prop firms offering retail traders trading accounts -Risk free

  • #61
  • Aug 27, 2018 4:08am Aug 27, 2018 4:08am
Quoting genghistar
{quote} You have said it much better than I ever could. This was the same guy that advocated trading based on funnymental. Ofc he is no scammers so what is he really? Potential hucksters or grifters? Hehe
The same fundamental trader that shows his trades from the exact time of entry and later in the day/week(s) will show the result of when it's concluded? Which shows a win rate of close to 70% wins on their page..... hmmmm.

Please before you say such a thing why not show your trades from the exact point of entry and show when it's concluded!!!! Put your methods/talk up for review!!
  • #62
  • Edited 5:03am Aug 27, 2018 4:41am | Edited 5:03am
There are a few legitimate forex prop firms, but they will be with well established and highly regulated brokers. They will also require solid evidence of previous long-term profitable trading experience. Maybe you could look into advertising for them instead, or hey, better yet, don't advertise at all since you're not actually a Commercial Member.

Quoting Samson85
{quote} Hmmm not all great traders have loads of capital. I am sure most people would rather trade other peoples money to become wealthy as opposed to risking their own. A great trader could have $3000 dollars in their account and have started with $30 dollars. Turning $30 to $3000 is great but growing it to 100,000 Will take a very long time.
You're expecting me to believe that a great traders worth is $30. Like I said before, wtf. It's not even remotely realistic. That "great trader" would be better served using their $30 to buy some egg sandwiches so they can survive for the next week. The sad reality is that we live in a world where we have scumbags posing as legitimate businesses who will gladly prey on a hopeful gambler for their last $30. That's exactly the type of unethical mentality that really pisses me off. Also, my calculator shows that growing $30 to $3000 will take three times as long as growing $3000 to $100,000. I think if I spent, say, three years getting $30 to $3000, then I would "suffer" for one more year to get from $3,000 to $100,000.
Quoting Samson85
{quote}The reason why they don't want you holding trades over the weekend is that a currency pair or even the market could crash. Stop losses can be broken when the market opens and that is a fact unless your broker provides guaranteed stop losses.
Can you direct me to a time when EUR/USD or other major non-pegged currency has 'crashed'? Cheers. If you don't know how to safely hold a trade over the weekend, then you shouldn't be trading at all.
Quoting Samson85
{quote}Lol you use their platform so you don't run away with their capital.
Only the person who makes the deposit can make the withdrawal. So, although you may be able to trade an account with the login details, you can only withdraw from it if you actually opened the account. If you have my login details, you can trade my account. You can't "run away with my money" though, can you? The real reason why you're forced to use their platform is so they are not required to fund you with live capital. Instead they fool you into thinking you are trading live, when you're effectively trading a demo, and paying a monthly fee for the privilege.
Quoting Samson85
{quote}Lol you use their platform so you don't run away with their capital. Why on earth would they send money to random brokers.
It's an obvious conflict of interest when the company you're profit sharing with is the same company that is making the market you're trading. There are plenty of established and highly regulated brokers to use rather than trading with a no-name broker.
  • #63
  • Edited 4:56am Aug 27, 2018 4:43am | Edited 4:56am
Quoting Samson85
{quote} The same fundamental trader that shows his trades from the exact time of entry and later in the day/week(s) will show the result of when it's concluded? Which shows a win rate of close to 70% wins on their page..... hmmmm. Please before you say such a thing why not show your trades from the exact point of entry and show when it's concluded!!!! Put your methods/talk up for review!!
Nice OK let's make live trade calls together then starting now on minimum RR
>2. I am ready when u are..

Still waiting where r u ?

I can't wait forever but like I said whoever and whenever in here or anywhere in this forum..
  • #64
  • Aug 27, 2018 4:58am Aug 27, 2018 4:58am
Quoting genghistar
{quote} Nice OK let's make live trade calls together then starting now on minimum RR >2. I am ready when u are.. Still waiting where r u ? I can't wait forever but like I said whoever and whenever in here or anywhere in this forum..
Would you mind if i joined in on live calls always a great way to trade and far too many traders shy away from the idea - personally i love it just let me know if its ok i trade 6 pairs only usually one to two trades each day long on usd cad in this mo short on aud usd and shorted on the Euro usd
  • #65
  • Aug 27, 2018 5:02am Aug 27, 2018 5:02am
Quoting dean1star
{quote} Would you mind if i joined in on live calls always a great way to trade and far too many traders shy away from the idea - personally i love it just let me know if its ok i trade 6 pairs only usually one to two trades each day long on usd cad in this mo short on aud usd and shorted on the Euro usd
Sure you are welcome as long as the RRR is >2...shall we start now? Total 5 live calls for the start.

OK I call EU buy 11618 sl 11605 TP minimum 11652. RR 2+

Hello?? U still there? Talk to me...
  • #66
  • Aug 27, 2018 5:13am Aug 27, 2018 5:13am
Quoting genghistar
{quote} Sure you are welcome as long as the RRR is >2...shall we start now? Total 5 live calls for the start. OK I call EU buy 11618 sl 11605 TP minimum 11652. RR 2+ Hello?? U still there? Talk to me...
here just the usual skype calls whilst trading .. uk bank holiday so lets see weakest trade in this mo is euro usd but let it play out
  • #67
  • Aug 27, 2018 5:18am Aug 27, 2018 5:18am
Quoting dean1star
{quote} here just the usual skype calls whilst trading .. uk bank holiday so lets see weakest trade in this mo is euro usd but let it play out
So what's your live call?
  • #68
  • Aug 27, 2018 5:20am Aug 27, 2018 5:20am
116 320 euro usd short
1.3118 usd cad long
0.73302 short aud usd
  • #69
  • Aug 27, 2018 5:20am Aug 27, 2018 5:20am
Quoting kenshin
There are a few legitimate forex prop firms, but they will be with well established and highly regulated brokers. They will also require solid evidence of previous long-term profitable trading experience. Maybe you could look into advertising for them instead, or hey, better yet, don't advertise at all since you're not actually a Commercial Member. {quote}You're expecting me to believe that a great traders worth is $30. Like I said before, wtf. It's not even remotely realistic. That "great trader" would be better served using their $30 to buy some...
The majority of prop firms do not allow you to hold trades over the weekend. Please do your research.

You can say when has this ever happened? Is it really worth trying to find out? This is why risk management exists. Hmm what would happen if trump was impeached?

I don't use a prop firm because I don't have to but I would if I came accross one that allowed me to trade the Asia market.

Lol so because I'm not a commercial member I should not make reccomendations.... errrrrm ok.

As I said this page was made to stop retail traders losing money and let them know there are other options available.

If you don't have any value to add then please go comment somewhere else!!!
  • #70
  • Aug 27, 2018 5:21am Aug 27, 2018 5:21am
I am out of here... Let me know when u r ready.
  • #71
  • Aug 27, 2018 5:22am Aug 27, 2018 5:22am
Quoting genghistar
{quote} Nice OK let's make live trade calls together then starting now on minimum RR >2. I am ready when u are.. Still waiting where r u ? I can't wait forever but like I said whoever and whenever in here or anywhere in this forum..
I have a page for my daily trades.

Thanks.

Feel free to prove yourself elsewhere.

Sorry if I tickled your ego.

This page is for alternatives to retail traders having to use their own capital.
  • #72
  • Aug 27, 2018 5:24am Aug 27, 2018 5:24am
Quoting dean1star
{quote} Would you mind if i joined in on live calls always a great way to trade and far too many traders shy away from the idea - personally i love it just let me know if its ok i trade 6 pairs only usually one to two trades each day long on usd cad in this mo short on aud usd and shorted on the Euro usd
This page isn't for live trade calls.

I have a fundamental page where I show all my trades.

This page was designed to let retail traders know that they don't have to trade their own money as there are options.

If you have any ideas to help the retail community please share.
  • #73
  • Aug 27, 2018 5:34am Aug 27, 2018 5:34am
Quoting Samson85
{quote} This page isn't for live trade calls. I have a fundamental page where I show all my trades. This page was designed to let retail traders know that they don't have to trade their own money as there are options. If you have any ideas to help the retail community please share.
Hey cool Samson i get that btw you got a link to your fundamental page .. seems like a great idea ..
  • #74
  • Aug 27, 2018 5:36am Aug 27, 2018 5:36am
Quoting dean1star
116 320 euro usd short 1.3118 usd cad long 0.73302 short aud usd
But price now is at 11611

U know what's a live call right and not when price already moved...
  • #75
  • Aug 27, 2018 5:40am Aug 27, 2018 5:40am
Quoting Samson85
{quote} This page isn't for live trade calls. I have a fundamental page where I show all my trades. This page was designed to let retail traders know that they don't have to trade their own money as there are options. If you have any ideas to help the retail community please share.
So where do you want to do it together? Showing trade and live call is quite different...
  • #76
  • Aug 27, 2018 5:44am Aug 27, 2018 5:44am
Quoting Samson85
{quote} The majority of prop firms do not allow you to hold trades over the weekend. Please do your research.
Funny how the majority of prop firms don't allow trades to be held over weekend, yet the majority of brokers do allow it.

Quoting Samson85
{quote}You can say when has this ever happened? Is it really worth trying to find out? This is why risk management exists. Hmm what would happen if trump was impeached?
I'll assume that means you can't give an example of your aforementioned 'crash'.

Quoting Samson85
{quote}Lol so because I'm not a commercial member I should not make reccomendations.... errrrrm ok.
Am I missing something? Your opening post is advertising for Commercial services.

Quoting bfx17
{quote} Quick question Samson: do you get any commissions/fees from this advertising? Just to have the full picture of it. Thanks
Quoting Samson85
{quote}If you don't have any value to add then please go comment somewhere else!!!
Don't worry, I said my piece and can see myself out!!! lol
  • #77
  • Aug 27, 2018 5:52am Aug 27, 2018 5:52am
Quoting kenshin
{quote}Funny how the majority of prop firms don't allow trades to be held over weekend, yet the majority of brokers do allow it. {quote}I'll assume that means you can't give an example of your aforementioned 'crash'. {quote} Am I missing something? Your opening post is advertising for Commercial services. {quote} {quote} Don't worry, I said my piece and can see myself out!!! lol

Hmm you can perceive it as advertising but the perception is really providing another option to help people not blow their lively hood.

Have you ever had to witness someone lose their whole savings?

Please do your research on flash crashes with gbp/USD when it happened in the Asia session. What about when the Swiss franc went crazy? How many stop losses did it break? Go and use Google and enter the examples I just mentioned!! Oh yea and let's not forget 2008 smh.

Oh here is a video for you:

https://youtu.be/Nx0w68qTA7I

https://youtu.be/BDR3xgS7U9U
  • #78
  • Aug 27, 2018 5:53am Aug 27, 2018 5:53am
Quoting kenshin
{quote}Funny how the majority of prop firms don't allow trades to be held over weekend, yet the majority of brokers do allow it. {quote}I'll assume that means you can't give an example of your aforementioned 'crash'. {quote} Am I missing something? Your opening post is advertising for Commercial services. {quote} {quote} Don't worry, I said my piece and can see myself out!!! lol
Yea me too.
  • #79
  • Edited 6:31am Aug 27, 2018 6:09am | Edited 6:31am
Quoting Samson85
{quote}Have you ever had to witness someone lose their whole savings?
No. Years ago, I watched as my best friend was crushed to death in machinery. Does it count?
Quoting Samson85
{quote}Please do your research on flash crashes with gbp/USD when it happened in the Asia market. What about when the Swiss franc went crazy? How many stop losses did it break? Go and use Google and enter the examples I just mentioned!! Oh yea and let's not forget 2008 smh. Oh here is a video for you: https://youtu.be/Nx0w68qTA7I
Do your own research. You need to pay attention to specifics. Show me a crash over the weekend on a major currency that is not pegged. Then there will be a good reason to have a rule not to hold over the weekend. Showing me crashes caused by peg removal, or crashes that occur when it's not the weekend is not a way to justify a rule of not holding trades over the weekend.

CHF was pegged. The crash was caused by removal of that peg. It was not a weekend gap. Did you forget about that??? Anyone trading pegged currency is not managing their risk at all, are they? Great traders actually know that shit like this is going to happen before it happens.

In your first video GBP/USD crash was on Thursday 15/01/2015. We are talking about weekend gap, right. Are we making Thursday the new weekend now? It wouldn't matter if you closed on the weekend or not, because the crash did not occur on the weekend.

In your second video, market is clearly open before and after crash. i.e. once again not the weekend.

I've had enough anyway, and have better things to be doing than waste my time here, so this will be my last post. I'm sure you also have better things to do as well, such as defending your agenda.

Seeya...
  • #80
  • Aug 27, 2018 6:15am Aug 27, 2018 6:15am
Quoting kenshin
{quote} Do your own research. CHF was pegged. Did you forget about that??? Anyone trading pegged currency is not managing their risk at all, are they? Great traders actually know that shit like this is going to happen before it happens. In your video GBP/USD crash was on Thursday 15/01/2015. We are talking about weekend gap, right. Are we making Thursday the new weekend now? I've had enough, and have better things to be doing than waste my time here, so this will be my last post. I'm sure you also have better things to do as well, such as defending...

Hmmm so If traders were allowed to hold cable over night what would have happened to those prop firms?

So now your excuse is that chf is pegged!!! Please go and learn to be a trader and comeback with valid facts.

Wow so because it crashed on a Thursday that means it can't happen on a weekend lol.
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