Prop Firm Hub 2.0

Quoting montygoldy

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{quote} USe props platform just for open n closing trades .. do your analysis on your preferred platform........ I mean if you're looking for cheap options the mffu 50k core, bgf 50k - 40$ in current deal, aqua futures 50$ for 50k, tradeday 50k for 60bucks etc,.... alot of options out there and all are paying....... Best strategy would be get a payout from cheap options and then reinvest that payout to get more accounts...

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Quoting montygoldy

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{quote} pretty simple..... i dont use any indictors And i follow 3 rules 1. Wheenever there is momentum get in get you 2-3 points on gold good enough...... 2. no DCA or martingale or anything.... Just open 1 trade at a time with sl and tp and sometimes trail tp if momentum is good.... 3. DOnt copy between firms ... Trade each prop firm individually... thats it keeping it simple.... My win rate is 85% plus thats why my risk to reward is 300$ to 200$ which works for me......

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Quoting montygoldy

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{quote} pretty simple..... i dont use any indictors And i follow 3 rules 1. Wheenever there is momentum get in get your 2-3 points on gold good enough...... 2. no DCA or martingale or anything.... Just open 1 trade at a time with sl and tp and sometimes trail tp if momentum is good.... 3. DOnt copy between firms ... Trade each prop firm individually... thats it keeping it simple.... My win rate is 85% plus thats why my risk to reward is 300$ to 200$ which works for me......

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Quoting zkchyo

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{quote} Nice rules. Many people do complicated things to predict exact turning points... They don't understand that easy money is coming from momentum.

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Quoting Noisy

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{quote} Momentum can work for and against you and you never know when there will be momentum or not. It doesn’t mean one thing. An 85% win rate with a $300:$200 risk/reward ratio, over what time and number of orders? Could you do me a favor and record a screen video for just one week (5 days) showing the orders you place based on your simple momentum rules for a market like, say, the S&P 500 (or whatever you trade) that demonstrates an 85% win rate at the stated risk/reward ratio by the end of the week and at least one trade per day? 5 days is probably...

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Quoting pipmaster77

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@Noisy....you are getting a bit absurd. You find something wrong with every firm, every broker, every system. It almost seems you post here to convince folks why they should not be a trader. Monty is going to pull 100K from prop firms this month!!!!!! You are questioning his business model???? He simply takes $50-90, which is less than one would risk on a single trade in a personal account and turns it into 10K, 15K, 20K. If that $50-90 is 1% of his trading bankroll.......THIS IS NOT GAMBLING News Flash: Trading involves risk, there is not one broker,...

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Quoting pipmaster77

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{quote} Let's say you have only a 33% win rate as a trader, you are losing money in a personal account. With a prop, you are killing it. Pay $50-90 and it takes you 3 tries to pass and then 1 in 3 once you pass gets to payout. Even in this extreme example where it takes 9 attempts to get a payout, you are at worst 100% ROI and at best 300% (depending on the initial cost of the eval). Those of us using props as a business have spreadsheets, we know our exact pass rates, our exact funded to payout rates, etc. I only have a few prop accounts personally...

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Quoting rockit

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Started this today. Strangely it was only $50, whereas their website states $75.{image}

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Quoting montygoldy

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{quote} insane targets 4500 for 1250 dd

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Quoting rockit

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{quote} It's static DD however; so the buffer increases with the balance to basically any value.

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Quoting montygoldy

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{quote} Bruh!! Man why i need to convince you for anything???? Am i selling anything to you??? ..... All the props stats are there in my older posts... Go checking funding ticks leaderboard it'll show R:R in there as well..... If you dont believe its alright... Money in the bank what matters.......

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Quoting Noisy

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{quote} Can you give me the link to this leaderboard? It's not about what I believe or that you have to prove something to me, but if you're going to throw around numbers like that, you should be able to back them up or just keep quiet. Otherwise, it quickly gives people the impression that are really trying to be serious, that such numbers are realistic. Yes, anyone can have an 85% win rate with a 3:2 risk:reward ratio, but certainly not long-term over several hundreds/thousands of trades. It's absolute rubbish to claim something like that without...

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Quoting pipmaster77

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{quote} Let's say you have only a 33% win rate as a trader, you are losing money in a personal account. With a prop, you are killing it. Pay $50-90 and it takes you 3 tries to pass and then 1 in 3 once you pass gets to payout. Even in this extreme example where it takes 9 attempts to get a payout, you are at worst 100% ROI and at best 300% (depending on the initial cost of the eval). Those of us using props as a business have spreadsheets, we know our exact pass rates, our exact funded to payout rates, etc. I only have a few prop accounts personally...

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Quoting Trader191

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{quote} there is a problem with this: - how to proof to you? a big Company would need to proof any track record / performance chart (or could be any photoshop fake) - and this will cost a lot! will you pay him the money for this and the additional time? - what he has as advantage for do all this? just additional work without anything to proof, because he dont sell anything and he dont make some claims on youtube or influencer spaces to get klicks - this numbers you mention are not so difficult to get for most professional traders who trade a long...

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Quoting Noisy

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{quote} Thats why I asked for a video of him showing his „skills“. „Not so difficult to get for most professional traders“ Show me one of them please?

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Quoting Noisy

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{quote} I didn’t say anything about Props or if/how people are making money them them. It’s great if you have spreadsheets. My comment was simply directed at Monty's claim of an 85% win rate with $300 risk and $200 loss. I would be very happy with that. Monty would probably be hired with open arms by every hedge fund in the world and wouldn't have to worry about props anymore if he could consistently substantiate those numbers...

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Quoting Noisy

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I'll go one step further. Show me an 85% win rate at a 3:2 risk:reward ratio over 300 trades, and I'll set up a shrine in my living room to honor you forever and send you a picture of it...

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Quoting Noisy

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{quote} Thats why I asked for a video of him showing his „skills“. „Not so difficult to get for most professional traders“ Show me one of them please?

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