Where can I get huge capital to trade forex with?
I was able to raise capital for trading from my day job, so I suggest you get a day job (if you don't have one already) and use your income to fund your trading account. I don't believe in prop firms, but some people would say go the prop firm route where you buy a challenge and if you pass, they give you a funded account and share profits you make with you.
Try a prop firm but 95% of traders who buy their challenges fail the first try.
Capital is extremely vital in trading. Prop firm for me are the easiest way to access to large funds as a trader if you really know what you’re doing. You can check out firms like Ftmo, Funding pips , Fundednext.
Capital is extremely vital in trading. Prop firm for me are the easiest way to access to large funds as a trader if you really know what you’re doing. You can check out firms like Ftmo, Funding pips , Fundednext.
Prop firms are just glorified video games, because they are a demo account. Even those who get the payout are very few, so you have an uphill task.
Well, you may be right but I trade them and I get payout. I got my last payout from Maven prop firm
It means you are among the 5% that get payouts without being accused of breaking one of their many rules. But wait, how many challenges did you fail before you got your first payout?
why do you want to trade forex with huge capital? Do you want to get rich overnight? Start with what you have and be conteent with any little profits you make. if you cannot be content then trading is not for you.
why do you want to trade forex with huge capital? Do you want to get rich overnight? Start with what you have and be conteent with any little profits you make. if you cannot be content then trading is not for you.
This perspective is also great. Thank you
I failed 5 though.
But did the payout you received on your win cover the money you lost buying those 5 failed challenges? I am just trying to look at the overall profitability of prop firm trading, thanks.
But did the payout you received on your win cover the money you lost buying those 5 failed challenges? I am just trying to look at the overall profitability of prop firm trading, thanks.
Yes it did. Prop firms are actually good leverage if you can stick to the rules and go with a reputable firm.