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Search: Posts Made By: Mik618

Forum: Traders Hideout

November 2nd, 2022, 08:56 AM

Replies: 24

What's the problem with prop trading firms?

Views: 6,847

Posted By Mik618

If you think you are really trading with a funded...

If you think you are really trading with a funded account, try this: Enter a bid well below market price in overnight while movement is slow (always use a stop just in case). Then move this order up...

Forum: Traders Hideout

November 2nd, 2022, 08:47 AM

Replies: 24

What's the problem with prop trading firms?

Views: 6,847

Posted By Mik618

Up 10% first day. Commissions are signigicantly...

Up 10% first day. Commissions are signigicantly greater with micros (pro rated to profit per tick), so you cannot be successful if you overtrade. Small scalp this morning waiting for setup, then let...

Forum: Traders Hideout

November 1st, 2022, 06:24 PM

Replies: 24

What's the problem with prop trading firms?

Views: 6,847

Posted By Mik618

Thought I was doing well by getting funded after...

Thought I was doing well by getting funded after only 1 reset on demo. After I got funded (LeeLoo) I thought it was odd that I could move my orders around on the DOM and the numbers wouldn't change....

Showing results 1 to 3 of 3

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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