Prop Firm Hub 2.0

Quoting Spearion

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I think you found Navk's new prop firm ... same spelling mistakes as his responses {image}

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Quoting Noisy

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{quote} From all the professional traders and investors that I’ve listened/watched to over the last month, the common consensus is, that the real/big money is made by letting profits run and therefore probably hold overnight. I wonder why everyone actually wants/tries to be a „daytrader/scalper“? I believe it has more to do with people are bored and actually looking for some kind of occupational therapy instead of staying profitable over time?

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Quoting Expo33

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{quote} This is the main reason I don't like using futures prop firms. I do day trade and do some scalping with foreign currencies but I like the option of swing trading or just the ability to hold overnight.

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Quoting Noisy

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{quote} Do none of the futures props allow to hold positions overnight? I wouldn't say I'm not a day trader. So far, I've closed 99% of my trades before the end of the day, but I've also noticed that some of these trades could have generated 10-20x the profit if I'd held them for even a few days longer. I also don't really see the frequently mentioned risk as significantly increased. I always set a stop loss, and in principle, can/should my risk be limited/managed that way? Yes, there are these black swan events where such a stop might no longer work as expected, but honestly, how often does that happen? And how many long-time, successful traders who have operated this way for decades, holding positions for long periods, have gone bankrupt because of something like that, compared to day traders who have sealed their fate every day by over-leveraging and constantly opening and closing short trades by the end of the day. Well, here's what AI says: {quote}

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Quoting bradu

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Does anyone of the profitable traders here is using any system that is presented in ff.com, Or youre using you`re proprietary systems ? im just curios since im poping in and out of this site in order to see how it evolves.. thanks bradu

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Quoting montygoldy

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Alright gents gold bulls are tearing up my screen....... BS day with some good news... ...... Instead of trading gold i was trying NQ longs got smoked many times....... Finished 5 trading days for 50kx6 fundingticks. Will be requesting 1000x6 = 5400$(90% split) . At one point was down 3k for the day before banging a awesome NQ long from the bottom. EVALS - 1.BGF 50kx3 - 1100$ per account. (900$ more to go pass the Challenge). 2. Tradedday 50kx3 - 600$ per account...

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Quoting Satreveritas

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{quote} Man how do you manage so many accounts?! I suppose MT4 or MT5 you could copy trade? Gotta nail that down, I hate having two open at once! with prop and live I have to figure that part out... soon. I'm leaving money on the table.

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Quoting fx75

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Why do futures firms move you to live after like 5 payouts, and CFD firms don't?!

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Quoting pipmaster77

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{quote} In either case, while you are trading simulated funds, the firm is paying you out of pocket.....you win, they lose and vice versa. Futures firms move you to live to remove the liability (you) from their balance sheet. CFD firms simply deny, ban or cancel your account to remove the liability.... or the reputable ones (FTMO, 5%ers) will limit risk per trade to cap your profits.

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Quoting Noisy

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{quote} One CFD prop firm actually tried and guess what happened… https://www.financemagnates.com/fore...trading-limits

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Quoting pipmaster77

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you win, they lose and vice versa.
Futures firms move you to live to remove the liability (you) from their balance sheet.
CFD firms simply deny, ban or cancel your account to remove the liability.... or the reputable ones (FTMO, 5%ers) will limit risk per trade to cap your profits.

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Quoting Sluaghadhain

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why are so many people using CFD firms rather than the futures ones, then?

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Quoting Victoria.C

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{quote} I think many are people who don't quite understand what pipmaster77 explained just above. (But there may also be a few who are just prejudiced and opinionated against futures for reasons best known to themselves.) Some people mistakenly imagine that learning to trade futures will be a whole Big Deal for them just like learning to trade forex was for them, when they started that, and they don’t understand that once you can trade forex, it probably only really takes about an hour to learn how to trade futures. Then again, I may have my own...

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Quoting Trader191

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{quote} you think in forex market futures have any advantage with spreads , liquidity and delays? delay to what , delay to the interbank currency prices , what are the main price Underlying for currencies?

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