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Prop Firm's Help, A Trader's Fear

This writer has been a regular visitor to this group since he joined few weeks back, how long this visit will continue isn't assured but the fun of seeing other traders' experience keeps me comapnay.  At least I know I'm not alone๐Ÿ˜๐Ÿ˜ On here I saw someone seek for help to pass a properiety firm challenge.  That to me feels like seeing a sumptous meal you've got to work for before it's handed over to you, you quite know well that you'd do everything humanly possible just to eat that beautiful food.  For me, the emergence of prop firm popping up every where is a huge blessing to every trader but that opportunity ain't going to be handed over to any trader on a cheap.  My approach to getting on a prop firm is this:  be ready for the task ahead.  Prop firm change the trading game for me big time, I mean big time. I'm firm on this because it was after I got on a prop firm that I knew what I was doing with $500 is what I did with $20000, however, the result w...

The Risk I Took As A Trader

As a trader who's got a build up greed dwelling from the inside, even when you know as a trader, you kinda feel your chances of making profit isn't assured.  I love trading in the foreign exchange market, an environment everything is promised. The hurricane of profit but sadly ignored in most cases - the wind fall of losses.  With limited education, probably with as little as a pinch of salt of experience, I spoke confidently of how I can make hundreds of US dollars in a week with a capital of $1000.  It sounded too good to a greedy minded investor, his face exploded in joy and optimism. In a quick reaction he asked loud with a smile locked beside his left eye, "give me your account so you can start today".  Oh okay, I replied.  A thousand dollars isn't a bad money, I thought to myself.  Fast-forward to three days after I funded my account, the story was obvious.  At the start, I spent around $200 to restock on food stuff, spent a little more on grocer...

This Lonely Walk, The Joy, The Pain And The Lesson

Trading in the Foreign exchange market can be a huge blessing and still be a reason to be depresed.  Every trader has got a story so I'm not going to bore you with mine.  Trading has got no emotions, it compells you to be discipline as a trader and only when the trader understands the language the chart screems every time, then the blessings become a reality.  Though learning is a continuous journey but there comes a time in a trader's life the he knows he's got the skillset but one thing won't just allow him swim in profit; PATIENCE... Trading in the Foreign exchange market has taught me in practical terms that PATIENCE could make a positive impact on one's trading.  I did struggle for many years, I think the price I had to pay was learning under some so called gurus who ain't profiting from the FX market yet organize seminars and charge huge fees.  I think I've learned the hard way (blown so many accounts in the process) but it is now paying off. I'm n...