Should you be trading with a forex prop firm?!

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ForexSignals TV

ForexSignals TV

Күн бұрын

Пікірлер: 151
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Andrew has trained many forex traders from beginners to successful prop firm traders within his premium Trading Room. Join him for a 7 day free trial to see for yourself: go.forexsignals.com/92lrr-free-trial
@azliothman1322
@azliothman1322 3 жыл бұрын
orait i certainly join in
@mrmrssherman
@mrmrssherman 3 жыл бұрын
I love Funding talent. They are one of the best prop companies. Happy trading 📈📊📉
@gorillawarfarebboy6427
@gorillawarfarebboy6427 3 жыл бұрын
In the case of virtually all of the leading online prop firms all live funded trading after eligibility tests are passed is technically simulated trading with virtual funds inside the confines of the trader’s account at the prop firm, with the prop firm being the sole counter-party to the trader. This simulated trading construct is in place for regulatory reasons. So, the trader is not trading at all in the open market with 3rd parties, but rather is playing an elaborate electronic game of sorts, entering into simulated trades with the house with all of the simulated trading happening inside of the trader’s account. Prices, spreads and commissions are all hypothetical since no real trading is going on, and the prop firm just lays off the pay-out risk to a 3rd party market maker, without needing to trade, kicking the market maker a piece of the eligibility fee stream like paying them insurance premiums…
@laithgsoos5498
@laithgsoos5498 3 жыл бұрын
One of the few honest forex educators online .. keep it mate
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Thanks for the kind words, Laith!
@italonatilla6715
@italonatilla6715 Жыл бұрын
I follow a few forex traders and educators (the reason I say 'few' is because obvious... scammers), and this man is one of the best on my list. He provides really good information, is honest, and helpful. Thank you so much for your content
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
What a wonderful feedback. Thanks Italo, and stay tuned for more information and videos.
@lunarbluesmusic
@lunarbluesmusic 3 жыл бұрын
I looked in to prop firms earlier in my career and can confirm this video is 100% accurate. I didn't sign up to one as I mostly trade NQ and some of my set ups came out of hours which props don't like and found that opening a futures account and shelving my spread account helped me grow my account at a responsible level. I still have a spreadbet account for FX swing trades that I trade with other peoples money. Great video Andrew.
@florianperszing3265
@florianperszing3265 3 жыл бұрын
Very beautifully said. Thank you for this video. Anyone can become a trader, all it takes is hard work, but most importantly, you have to love what you do at least a little.
@frankgoodnight7131
@frankgoodnight7131 3 жыл бұрын
i am using your 25 trade challenge...so far...6 straight wins..its tough.
@navketan1965
@navketan1965 2 жыл бұрын
Please recommend one best prop firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading?.Please help.
@hxhdfjifzirstc894
@hxhdfjifzirstc894 3 жыл бұрын
Some of these prop firms are a scam. For example, the ones that require you to put your own money forward, and if you lose money it comes out of 'your money'. If you lose all of 'your money', then they close your account. This is totally pointless, because it's mathematically equivalent to trading your own account at high leverage. The difference is... if you trade your own account, you keep 100% of the profit, instead of splitting it.
@eissa_rsh
@eissa_rsh 2 жыл бұрын
well said. unfortunately they don't understand it. I have made a video about that. compounding your own account would give you the same or even better results. both prop firms and compounding are risky tho. You are one of a few who understands the point and why prop firms are garbage
@michaellim1606
@michaellim1606 2 жыл бұрын
I learned a lot from this person and his channel. thank you so much !
@littlebopeep3377
@littlebopeep3377 Жыл бұрын
I prefer something else to these evaluation and verification phases. You are basically put under the gun to hit certain targets which adds a tremendous amount of pressure and in turn creates a high probability of failure. This is not how everyone should trade. If it works for you then fine, but you should create a strategy that works best for you and that makes money.
@simonnattrass2171
@simonnattrass2171 3 жыл бұрын
Thanks Andrew - authentic as always. Andrew, what strategies that you use in forexsignals are most suitable for gaining 10% month that members are using to pass these challenges? TY 🙂
@everready2903
@everready2903 3 жыл бұрын
5% a month profit is 60% profit a year. Or higher if you're compounding the profit. Is that realistic?
@justinholtgrave
@justinholtgrave 3 жыл бұрын
After a year or two of trading a great strategy with a rock solid mindset. You must be on point 24/7
@99pdx
@99pdx 3 жыл бұрын
Yeah very much possible. Especially with 1:500 leveraging
@eissa_rsh
@eissa_rsh 2 жыл бұрын
yeah but use your own account and not a prop firm account
@ebukambata2566
@ebukambata2566 2 жыл бұрын
@@eissa_rsh seems you have issues with prop firm
@jeanannedupratt7075
@jeanannedupratt7075 3 жыл бұрын
Thank you so much. Yes, it's a thumbs up.
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
My pleasure, Jean!
@RobCLynch
@RobCLynch 3 жыл бұрын
My perception is that it would be possible to build a £500 forex account into substantial pot, over a five year period.
@eissa_rsh
@eissa_rsh 2 жыл бұрын
But use your own account and not a prop firm account.
@Agu-042
@Agu-042 2 жыл бұрын
5yrs is too much budy except you ain't serious with trading
@jordanbryan555
@jordanbryan555 2 жыл бұрын
I tried a leverage of 2000:1 once (practice account) that account lasted around 40 minutes 😂 learnt something that day 😅
@haqgeneral
@haqgeneral Жыл бұрын
I opened a live account with only $500 with 3000:1 with a broker and trades news with huge lots, turns out the news report came out in my favour and turned that $500 into $8,600. I Withdarawled that money right away and put it into my regular 200:1 account.
@paulolalekanabolarin6495
@paulolalekanabolarin6495 Жыл бұрын
Your exposee is very superb and highly commendable.
@aaronboyette1936
@aaronboyette1936 2 жыл бұрын
I am not sure why some of you are dogging on Prop firms! if you have the capital to trade for yourself, why wouldn't you use your account to compound the profits, while using the prop firm to make a steady income? That is my plan anyway.
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Hey Aaron, please come to www.forexsignals.com and we can assist you with more information that way
@mohipa4066
@mohipa4066 2 жыл бұрын
15:15 is true about MFF. They slippage us crazy and also they shave off your TP. This means if you have TP on a certain point they take you out for less. They blamed the market volatility. Horrible for scalpers
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Thanks for watching Mohi
@renebleu8711
@renebleu8711 2 жыл бұрын
I scalp with MFF and just adapt to those issues. Their server did freeze a lot last week after CPI release. So I’m going to go to another firm by the end of this year.
@j.rjunior5584
@j.rjunior5584 2 жыл бұрын
@@renebleu8711 what about FTMO?
@renebleu8711
@renebleu8711 2 жыл бұрын
@@j.rjunior5584 ftmo is good too.. just lower lots
@renebleu8711
@renebleu8711 2 жыл бұрын
@@j.rjunior5584 MFF fixed their server issues since my comment lol.. so I kept my accounts
@williamdarbe7801
@williamdarbe7801 Жыл бұрын
Very well explained sir. Thank you. I will further consider your Forex Signals offers .
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
Thank you for your feedback! You can learn more about our academy at www.forexsignals.com/
@dowhatyourepassionateoftra1668
@dowhatyourepassionateoftra1668 6 ай бұрын
Can you initiate something like competition demo trading then. Ask those interested but don't have money then give out hard rules to pass then take them after passing. If your intention is to raise young kids traders and ambitious young traders. Do something like what Richard Dennis did before. I know for someone having skills can trade even without paying a penny. Sometime i don't get sense for a player to pay real Madrid or arsenal to show his talent and skilled of playing football. I hesitate and i doubt about this paying prop firm
@archiegegona9550
@archiegegona9550 3 жыл бұрын
VERY INFORMATIVE VIDEO...
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Glad you liked it
@mansour9591
@mansour9591 3 жыл бұрын
Please talk a little bit about agena trader platform and how to setup the platform Thanks
@chan400
@chan400 2 жыл бұрын
Great video. Thanks Andrew! Your presentation is very comprehensive and very professional, as usual. I love your content. -------- I noted you mentioned, in one of your other videos, all we need is just 5% a month to make a good income. Now I understand what you meant.
@wanashthegash
@wanashthegash 3 жыл бұрын
Its nice to see someone that does not go out and say that 10% is by any means easy to achieve, and especially when you have such tight rules about how to get 10%, its stupid, and its not made for traders, its made to make you emotional and stressed so that you fuck up and have to take the challenge again, because that is how they make the majority of there money.
@eissa_rsh
@eissa_rsh 2 жыл бұрын
they say it's 10% but it's actually 100% because of the maximum drawdown which is your actual balance. that's why it's too difficult especially when you have to win big several times in a row. Please watch my video on that so you have an understanding of how it works
@bilgehantirpanci
@bilgehantirpanci 3 жыл бұрын
Perfect video and explanation 🙏
@thomasmazzolo6746
@thomasmazzolo6746 3 жыл бұрын
Hello Andrew, thankyou for the video. What do you think about Audacity Capital? Is it good to start prop firm?
@eissa_rsh
@eissa_rsh 2 жыл бұрын
You may watch my video about prop firms to see how their numbers work
@hrabmv
@hrabmv 2 жыл бұрын
hi Thomas have you find out the answer? i am curious myself....are they OK?
@thomasmazzolo6746
@thomasmazzolo6746 2 жыл бұрын
@@hrabmv yes they are not scammers, but you have to be a good trader to start making profits from those prop firms 👍🏼
@seaals525
@seaals525 3 жыл бұрын
I don't know what to think about prop firms it seems like theres little room for error and if it dont match your strategy that can suck im wanting to be a swing trader currently in between back testing and life demo its going well so far but when i get to the point of live account i may just look to compound my account as im in full control then
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Fair points, Seaals! Gotta do what's best for you!
@laithgsoos5498
@laithgsoos5498 3 жыл бұрын
I dont like prop firms but i noticed city trader imperium has soft requirements .. im not.sure why but check them out you may find something you like!
@seaals525
@seaals525 3 жыл бұрын
@@laithgsoos5498 thank you for the idea
@seaals525
@seaals525 3 жыл бұрын
@@ForexSignalsTV sure do bud
@Mike-rf8ph
@Mike-rf8ph 3 жыл бұрын
thank you for info sir
@gaylereid5514
@gaylereid5514 3 жыл бұрын
is there a broker that does the trading for you and you pay them ,,
@juztjules4883
@juztjules4883 2 жыл бұрын
The closest thing to what you are talking about is Expert Advisor : I wouldn’t recommend it though. Expert advisor to forex trader is equal to an accountant having Power of Attorney over a naive Athlete’s Finances. Whoops.
@curtiswright1094
@curtiswright1094 Жыл бұрын
good information! thanks.
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
You are welcome, Curtis!
@usherfx7550
@usherfx7550 3 жыл бұрын
I'm considering registering with the forex signals trading room but I'm having mixed feelings about joining.
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Hey, Usher. You can try a 7 day free trial completely free of charge. No risk at all. Pop me a message in the Trading Room if you decide to try it out!
@jamesjones8603
@jamesjones8603 3 жыл бұрын
Its worth every penny of subscription costs. If you learn the strategy that suits you and dedicate time to it you will make your money back in no time.
@beardeuforia235
@beardeuforia235 3 жыл бұрын
I have about 2 - 3 years trading experience and joined forex signals few moths ago! It's a truly life changing experience. You will learn extremely a lot! For many newbies, joining forex signals is the only short cut there is out there. Just join and enjoy! Good luck!
@simonnattrass2171
@simonnattrass2171 3 жыл бұрын
@@beardeuforia235 what strategies do they use suitable for FTMO challenge?
@antonydube2937
@antonydube2937 3 жыл бұрын
Informative...thank you
@carlo9524
@carlo9524 3 жыл бұрын
How can I get one to support me? If I am from the Philippines.
@aarushmehra8431
@aarushmehra8431 3 жыл бұрын
lennoxfx will help you
@opoknock
@opoknock 3 жыл бұрын
Hi Andrew, I was a member of your excellent platform but I left thinking how could I ever be as good as you Mark, and Max?
@olubunmiayoade
@olubunmiayoade 3 жыл бұрын
You don't need to be good as they are, however, with the passage of time, could make you better depending on your commitment to it. They have been doing this for many years, so you must also pay the price. Think of the benefits you get in the trading room and you will be better off
@opoknock
@opoknock 3 жыл бұрын
@@olubunmiayoade Thank you.
@aphepgaskarth
@aphepgaskarth 2 жыл бұрын
Ofc im passed, thx so much andrew. Really2 love youuuuu.. hope you get health, god bless youu... my grandpa ❤
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Thank you for commenting. Stay tuned for more!
@isaiah7640
@isaiah7640 3 жыл бұрын
is he talking about prop firms or brokers
@stukyu
@stukyu 3 жыл бұрын
So whatever happened to the Ozzy guy Nick McDonald, he used to front this squad ?
@mikehardwicke23
@mikehardwicke23 3 жыл бұрын
Wise advice.
@eissa_rsh
@eissa_rsh 2 жыл бұрын
yeah do not use a prop firm
@asgarkalave2060
@asgarkalave2060 3 жыл бұрын
250 is difficult to make
@صاحبالسموالملكيالاميرالدكتورال
@صاحبالسموالملكيالاميرالدكتورال 3 жыл бұрын
Great video
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Glad you enjoyed it
@Afrikaantje010
@Afrikaantje010 3 жыл бұрын
THANKS UNCLE YOU HELPED ME A LOT!
@forexsignalstv9935
@forexsignalstv9935 3 жыл бұрын
+=1 = 6 = 1 = 4 = 2 = 4 = 5 = 2 = 0 = 8 = 4 W=H=A=T=S=A=P=P=
@malikbilal7184
@malikbilal7184 3 жыл бұрын
Use paviot point and 20 moving average best results
@hrabmv
@hrabmv 2 жыл бұрын
PLEASE! can you name those who we should avoid? thank you
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Hi there, please visit www.forexsignals.com for more information.
@johnaro2124
@johnaro2124 2 жыл бұрын
Good day sir, pls wish of the prop firm that is to go for
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
We have a Proprietary Trading trial in ForexSignals now. We will implement the actual program soon. Contact us via chat on our website to know more: www.forexsignals.com
@SHAJAD_BHAI_
@SHAJAD_BHAI_ 2 жыл бұрын
Andrew sir you are great trainer sir. 👍sir you trade copy trading system please answer to me I interested invest in copy trading please answer me please 🙏
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Hi there, please visit www.forexsignals.com for more information.
@francisgicaci4435
@francisgicaci4435 2 жыл бұрын
Thank you 🙏
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
You're most welcome Francis, Stay glued on this channel for more
@kayoutubeofficial8451
@kayoutubeofficial8451 3 жыл бұрын
Wow amazing
@jomon723
@jomon723 3 жыл бұрын
I do that a day in stocks
@racetofindglitches5112
@racetofindglitches5112 2 жыл бұрын
Anyone found a good a prop firm in the uk.
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Forex Signals now are a prop firm. We fund real money accounts starting from $50,000 all the way up to $2.5million. Check out our website for evaluation details and sign up for a free trial! We've actively looking for talented traders to allocate capital too.
@fahadibrar7537
@fahadibrar7537 3 жыл бұрын
sir sendme how can we join trading account in forex single.
@michaeltran2420
@michaeltran2420 3 жыл бұрын
her user name is investwithAnnaLawerence
@jupiterblue803
@jupiterblue803 Жыл бұрын
Thank you sir
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
We are glad that you enjoyed the content. Stay tuned for more.
@carlo9524
@carlo9524 3 жыл бұрын
Ideally. $10,000 minimum.
@louiss2595
@louiss2595 2 жыл бұрын
Thats not even enough. 20k-25k
@chaudharytushartc
@chaudharytushartc 2 жыл бұрын
Plzz can u suggest me a full authentic prop funding platform ??
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
We have a Proprietary Trading trial in ForexSignals now. We will implement the actual program soon. Contact us via chat on our website to know more: www.forexsignals.com
@lemonade1007
@lemonade1007 3 жыл бұрын
Thanks
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
My pleasure!
@lundestrammark1676
@lundestrammark1676 3 жыл бұрын
Bruda 🔥🚀🔥🚀🚀🚀🚀🔥
@rita_machadosilva
@rita_machadosilva 3 жыл бұрын
I trade crypto. Not forex. It's a shame because I really want to try that signals room... I follow all your videos.
@williammaldonadojackson4520
@williammaldonadojackson4520 3 жыл бұрын
You must be a strong woman for the ability to trade
@rita_machadosilva
@rita_machadosilva 3 жыл бұрын
@@williammaldonadojackson4520 Everyone can learn and practice 🙏💥
@azliothman1322
@azliothman1322 3 жыл бұрын
if i do my own research it guarantee take me few days. give us few name to look into will ya
@apexinvest
@apexinvest 3 жыл бұрын
Use FTMO
@jarno_r
@jarno_r 3 жыл бұрын
ftmo, funding talent, enfoid
@lundestrammark1676
@lundestrammark1676 3 жыл бұрын
Boooosss 🔥🚀🔥🚀🔥🚀
@sameer-111
@sameer-111 2 жыл бұрын
Have you got the emotional makeup, can you manage money are you able to manage risk. If you can prove you can do all the above and more then the opportunities are indeed vast for you.
@asik4963
@asik4963 3 жыл бұрын
i am Bangladesh. i can try.
@aarushmehra8431
@aarushmehra8431 3 жыл бұрын
lennoxfx will help so you don't blow you account
@princepabo9874
@princepabo9874 2 жыл бұрын
Great video, thanks checking your page for more videos. I subscribed
@ForexSignalsTV
@ForexSignalsTV 2 жыл бұрын
Glad you like it Prince Pabo, have a good one.
@michealadeyemi6337
@michealadeyemi6337 3 жыл бұрын
I want to join the training how much does it cost and the duration
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Hello micheal, you may check out our membership plans at this link traderoom.forexsignals.com/pricing. Please do not hesitate to contact us if you have any further questions.
@fahadibrar7537
@fahadibrar7537 3 жыл бұрын
HyAndrew i have attempt 7days free trail.
@ansilaca8960
@ansilaca8960 3 жыл бұрын
I invested $3k with kiana Daniel few weeks ago and now am earning huge amount of money weekly
@fahadibrar7537
@fahadibrar7537 3 жыл бұрын
@@ansilaca8960 HOW CAN
@ansilaca8960
@ansilaca8960 3 жыл бұрын
Tell her I referred you 🙏
@ansilaca8960
@ansilaca8960 3 жыл бұрын
+1
@ansilaca8960
@ansilaca8960 3 жыл бұрын
(561)
@kayoutubeofficial8451
@kayoutubeofficial8451 3 жыл бұрын
I want learn
@ForexSignalsTV
@ForexSignalsTV 3 жыл бұрын
Hello Conrado, you can start learning by joining us inside our live trading room. Click here to sign up for a 7-days free trial - bit.ly/2LVDgRn See you on the other side!
@michaeltran2420
@michaeltran2420 3 жыл бұрын
her user name is investwithAnnaLawerence
@tomdeweese9430
@tomdeweese9430 3 жыл бұрын
I would advise you to look for a professional trader who will explain everything to you, teach you and also help you trade, Do you need help?
@bathandwamangwe7841
@bathandwamangwe7841 3 жыл бұрын
Hi sir, still waiting
@philkonieczny6703
@philkonieczny6703 3 жыл бұрын
Contact my trader for more tips on crypto and forex investments
@jupiterblue803
@jupiterblue803 Жыл бұрын
Pleas sir help me
@ForexSignalsTV
@ForexSignalsTV Жыл бұрын
Please visit www.forexsignals.com for more information.
@AsimAshrafPraa
@AsimAshrafPraa 3 жыл бұрын
all PROP main aim is to earn money from membership fees, nothing else .thy don't want u to win
@martinsl1979
@martinsl1979 3 жыл бұрын
What about those without membership fees?
@gorillawarfarebboy6427
@gorillawarfarebboy6427 3 жыл бұрын
The percentage of those who pass both phases of the eligibility tests is actually very low, in certain cases just ~3.5% after the evaluation and verification phases - and a substantial percentage of those who pass the two-step eligibility tests end up flaming out very quickly by hitting the stop-loss limits, and they are back in the line needing to pay for the eligibility tests all over again.
@gorillawarfarebboy6427
@gorillawarfarebboy6427 3 жыл бұрын
Additionally, in the case of virtually all of the leading online prop firms all live funded trading after eligibility tests are passed is technically simulated trading with virtual funds inside the confines of the trader’s account at the prop firm, with the prop firm being the sole counter-party to the trader. This simulated trading construct is in place for regulatory reasons. So, the trader is not trading at all in the open market with 3rd parties, but rather is playing an elaborate electronic game of sorts, entering into simulated trades with the house with all of the simulated trading happening inside of the trader’s account. Prices, spreads and commissions are all hypothetical since no real trading is going on, and the prop firm just lays off the pay-out risk to a 3rd party market maker, without needing to trade, kicking the market maker a piece of the eligibility fee stream like paying them insurance premiums…
@eissa_rsh
@eissa_rsh 2 жыл бұрын
True. furthermore they manipulate their numbers to make them look big but you'd be better off compounding your own account. You may see my video on that to know how they do that
@dannyfrancis62
@dannyfrancis62 2 ай бұрын
Figures. You own a prop firm. So sell why not
@joeblow5588
@joeblow5588 Жыл бұрын
Absolutely not, it's a total scam
@curtnowell345
@curtnowell345 3 жыл бұрын
YOUR ACT KINDNESS AMD SERVICE SHOWS HOW BIG OF A HEART YOU HAVE FOR OTHERS... THANKS FOR THE 6k YOU SUCH AMAZING cracksligther
@curtnowell345
@curtnowell345 3 жыл бұрын
YOUR ACT KINDNESS AMD SERVICE SHOWS HOW BIG OF A HEART YOU HAVE FOR OTHERS... THANKS FOR THE 6k YOU SUCH AMAZING cracksligther
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