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    why does prop trading have such a high turn over?

    'Retail traders' consist of a large quantity of nutters just gambling in the markets without having a clue what they are doing.... Retail Traders who do online prop firm evaluations, will largely consist of people who have proven to themselves that they can trade profitably, at least under...
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    Trading With LMI

    Is it possible to do the competition on MotiveWave? I know that it takes some time to become familiar with a new platform, but there are platforms that I instantly like (MotiveWave), and those I instantly dislike. VolFix seems to have a very alien format to me, and going by it's name, it seems...
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    How do I get rich from trading?

    This guy: https://www.therationalinvestor.com/our-story (Brian Beamish), Turned $500 into almost $1 million (with accounts at max value), and he done so using the most mind numbingly simple trading methodology, that any fool could follow. I was on his training course (learning how not to trade...
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    How do I get rich from trading?

    If you bought oil when it went negative, you would have had to take delivery of it. That month's CEM oil futures contract expired on the day it hit -$40....I think a lot of people piled into that one thinking it was a no brainer, and got completely wiped out, including retail traders using cfd...
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    False Advertisement with Try out firms like Top Step, One Up and Earn 2 Trade

    Yeah....would be 'prop traders' are paying for not very much..... .....of course, the other way of looking at it would be if someone only had a $2K account, would they really be taking day trades off the 1 minute charts, risking around $350 on each trade idea? Probably not........that is...
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    Trading With LMI

    I checked out the LMI site, and they seemed to be running the hideous 'intraday calculated' Trailing Drawdown scheme, whereby unbooked profits push the trailing drawdown up. However, I have read other places, that LMI infact DO NOT operate such a scheme, and only BOOKED PROFITS count towards...
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    Does the market really change?

    LOL...them idiot trend followers! Don't they know the way to make da big buxx in da market, is too short against pivot highs.......Sell when they Yell, Buy when they Cry, see?
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    Does the market really change?

    Of course the market changes. Just think if you had a shit hot setup, with an 80% hit rate, and you posted that setup online, and every trader and his dog started using it..... ......what do you think would happen to the hit rate of that setup? Thus, the market changes overtime.
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    Which Prop CME Futures Firm?

    I have no 'intuitive' system. I have technical analysis, which I learned on an online course (Mtk Structure, Divergences, Fib Levels, etc etc), and which experience has taught me, the conventional application of which is generally pretty fkn useless, WITHOUT also having an intuitive eye for...
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    Which Prop CME Futures Firm?

    I take a different view. If your intuition was wrong, then it wasn't genuine intuition. Genuine intuition is never wrong. Problem is that we don't live our lives intuitively. Most of the time, our minds exist in a vortex of emotion and egoistic posturing. That is why when it comes to any...
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    Which Prop CME Futures Firm?

    I can only say what I know.... ......I KNOW, that when my I am tuned into my intuitive sense, my trades rarely lose, and when they do, I will still be correct about the general flow of the market, although a poor job with my trade entry levels. Check this trade chart out, across three time...
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    Which Prop CME Futures Firm?

    Maths? Maths is an exact science. Trading is Alchemy, and any mathematician who tries to make trading into an exact science is going to be in for a very hard time. Granted, various degrees of advanced mathematics may have been used in producing any one of the thousands of utterly useless...
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    5 Reasons to choose the Topsteptrader program Micro contract swing trading ?

    This^^ Topstep say it is a $10K account, but it is really only a $1K account. If you can afford to fork out $110 per month on this crap, then you can surely afford to open a small account with $1K, and if you can't then save up whilst you paper trade and develop/finetune your strategies...
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    Is Topstep Trader legit or a scam?

    Topstep limit the amount of micro contracts the same as they do the E-Minis. i.e. 5 Contract Limit = 5 E-Minis, or 5 Micros......nonsensical lack of flexibility that will push traders onto being exposed to huge risk in trading the E-Minis........or sit twiddling their thumbs not getting...
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    Which Prop CME Futures Firm?

    So is the shit that comes out of my ass.
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    Is Topstep Trader legit or a scam?

    Anyone who earned a significant sum of money, would likely pull it out and open their own account well before a year was out...and before their luck runs out regarding the disproportionate risk they are required to take per trade on these funded accounts.....
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    Which Prop CME Futures Firm?

    I have had Bitcoin accounts robbed, twice, in as many weeks. Once blatantly by the exchange (Bitfinex) and the other time, most likely by rats operating within the exchange (Kraken)......Offices in San Francisco, Servers in Hong Kong, registered in British Virgin Islands........who ya gonna...
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    Is Topstep Trader legit or a scam?

    Would love to know how you manage risk in your trades. The way I frame a setup, even on the 5 or 1 minute charts, the risk per YM contract is around $300-500, generally hitting for a 2:1 or more. so I guess if you are a 6-10 lots trader, you could be risking anywhere between $3K and $5K, if...
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    My attempt to earn a funded account with Earn2Trade

    What was the 'reason' (aka-excuse for the MMs to turn market on a sixpence and rinse out all the stop losses without giving anyone a whiff of a chance to jump on for the ride) for the customary V-top and rapid reversal? Was this on the back of Chairman Powell pleading with the US gov to engage...
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