Aliassmith Beats a "Dead Horse"

[aliassmith]

Nasdaq M15
Long

How many "pips" is that?

Its about 44 points

[aliassmith]

EURAUD M15
Long at arrow
Sometimes you get out early and it goes 3x

[prochargedmopar]

EURAUD M15
Long at arrow
Sometimes you get out early and it goes 3x

Yup,
If the market tells us when to get in,
It will also tell us when to exit.

Not the pips.
Not the $$$.
Not the wiggles.
Only the market, a % total gained, added 0, double, or time of day.
Nothing else.

Easier said than done, I known.

[aliassmith]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

[prochargedmopar]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

What did they say about not getting the full 10 days traded?
Pass the first round?
I take it you got X% gain and stopped?

[aliassmith]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

What did they say about not getting the full 10 days traded?
Pass the first round?
I take it you got X% gain and stopped?

Its a free demo so nothing.
If it was the challenge I would place smaller trades over the next 3 days to pass.
I got to the required 8% and stopped. The point was already proven.

[aliassmith]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

Someone ask why would you trade with a prop firm.

If you extrapolate my results to a full month that is about $8000 on a $50k account. This firm allows up to $500k so that would be a $80k return then you get to keep $64k in a month.

[prochargedmopar]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

Someone ask why would you trade with a prop firm.

If you extrapolate my results to a full month that is about $8000 on a $50k account. This firm allows up to $500k so that would be a $80k return then you get to keep $64k in a month.

So you basically "work" for someone else until you have $500k, pay ur taxes, and cut ties.
Then hire Green trader tax guy. lol

Maybe should hire him first.

[aliassmith]

I tested The Prop Trading.

Its a $50k demo for 2 weeks
Target for a full challenge is 8%
Max Drawdown is 10%
Max Daily Drawdown is 5%

I traded 7 days you must trade at least 10 days in a regular challenge. All trades done on my Note 10 phone MT5 app.

Someone ask why would you trade with a prop firm.

If you extrapolate my results to a full month that is about $8000 on a $50k account. This firm allows up to $500k so that would be a $80k return then you get to keep $64k in a month.

So you basically "work" for someone else until you have $500k, pay ur taxes, and cut ties.
Then hire Green trader tax guy. lol

Maybe should hire him first.

After you recieve your first payout they assume all the risk. Ill let them have 20% for that.

$500k isnt the max, you can be up to $1 million in a year. Ya Ill keep my money under the matress for no risk and better trade conditions. EURUSD is about .5 pips.

[prochargedmopar]

Someone ask why would you trade with a prop firm.

If you extrapolate my results to a full month that is about $8000 on a $50k account. This firm allows up to $500k so that would be a $80k return then you get to keep $64k in a month.

So you basically "work" for someone else until you have $500k, pay ur taxes, and cut ties.
Then hire Green trader tax guy. lol

Maybe should hire him first.

After you recieve your first payout they assume all the risk. Ill let them have 20% for that.

$500k isnt the max, you can be up to $1 million in a year. Ya Ill keep my money under the matress for no risk and better trade conditions. EURUSD is about .5 pips.

What risk?

Because you keep your maximum daily loss to 5%, and never go over 10% there is no risk.
It's ONLY perceived in our minds as being so which is why most of us fail.

Giving away 30% (70/30) would almost cover the taxes.

Our fears of loss and ideals about money as a species are all FU%K@D up.

I understand it's a way to "get in the game" but after our account is X, No way.
Rich people do NOT give away money for free.
Billionaires pay 2% or LESS in taxes
That's what rich AND smart people do.
Not give away 30% because they are scared.