Self funded vs prop firm… truth behind it

Quoting ThomaAlexa

Disliked

I'd honestly have a hard time believing it too if you said you could increase your self-funded trading capital 10x in 5 weeks. But your results speak for themselves!

Ignored

Quoting mastersplint

Disliked

made withdrawal back within the day Happy trading. {image} {image}

Ignored

Quoting mastersplint

Disliked

{quote} We can all do it! I am finalizing a few things right now but will be sharing a link for a free group shortly

Ignored

Quoting voeltoez

Disliked

start my account 2 January {image}

Ignored

Quoting voeltoez

Disliked

start my account 2 January {image}

Ignored

Quoting voeltoez

Disliked

{quote} the progress you can see at my journal or cable thread. prop is good..but self funded is more challenging

Ignored

Quoting mastersplint

Disliked

{quote} Prop is never good. If you just do the math on challenge fee and passing first go. Your challenge fee builds to what the daily limit on the account is by the time you get to the passing part and funded. Then youre back at break even, self funded you have that daily limit at your disposal. Can withdrawal, keep trading it the same risk for a little while you keep building? or lower risk a little now that you have a small chunk of capital. In the end you can make the exact same self funded with the same capital you would going funded. Except...

Ignored

Quoting voeltoez

Disliked

{quote} lets say , pay 400$ for 100.000$ , drawdown limit is 10% means 10.000$ dont look at 100k. look at what you got, 400$ you got free 10.000$, place the money management on 10K not 100K, and you will be safe...all is on mindset.. prop just for pro trader who doesnt have much money to start. who have skills and dicipline. with 400$ real money ,,10% profit month is 40$ in a year self funded just got $480 lets say we can pass the challenge in 3 month with 10k 10% profitshare is 700$, in a year prop profit 6300$ its all same from 400$ balance. i...

Ignored

Quoting SirOrigami

Disliked

{quote} The math here is wrong, Because you dont pay and you get 10k. You get 5k But you have 2 tries at 5k, But 5k is your allocated capital. Step 1: Pay 400 Step 2: Double 5k 2 times, since you reset to 5k every day. Step 3: Double 5k 1 time. aka turning 10k(5k) to 15k Step 4: Reach payout, and share the split. Its not like you pay 400 and you get 10k for free

Ignored