infofirst:


One of the reasons why most hit DD is as a result of this % risk this. % risk that.
When you risk 1% per trade on a $10k using 1 standard lot, 1% risk on such will be 10pips SL. When you trade using this approach. There are high chances that you will go into revenge trading and lose the acct so fast.

But someone that does 0.01 lot, risking 1% per trade will last longer. Will trade under no pressure and hence better decision making. So best lot for $10k in my opinion is 0.01lot risking 1% per trade and no more than 2% risk per day.

For the timing, that there are no time limit does not mean you can not work out a time frame.
So in my view, wit a 2% target monthly. You should be good wit phase 1 in four to five months. And then another two to three months in phase 2
Those are what I think is ideal. But less gives rest of mind. That's why it's better to hustle for as many accounts as possible and it will make the target less.

Petah:
You are a mind reader sir,
I was actually thinking about this question this morning. I am a day trader. What would you advice sir?
Thank you for all you do.

infofirst:


I am at a phase of my trading life where I mostly learn by continously studying the charts, reading risk management n psychology messages/books.
I keep it simple. Nothing complicated. Not looking for any strategy. If you are new, test run it all but stick to one simple strategy at the end of your fantasies

I do not promise to give you this world but I will never scam you. I also look forward to that day we will have more of us scaling tru this challenging and rewarding path and I will get rewarded with a giveaway too right here.

infofirst:
What is the best lot size to trade a $10k prop firm?
How long is an appropriate time frame to pass phase 1 & 2?
How many pair(s) is appropriate as well?


This post is strictly for those that do not scam people of their hard earned money.

Posting huge wins is a scamming attribute. Desist from it. If you will not share us your reds, do not share us your greens

BinaryRocks:

Sorry about the loss.
US30 is a beast Boss.

But it's still tradable than gold.
It's well.

samfelly:


How DD take touch those profitable trades you share over the weekend, boss?

karkinase:

No bro.. it’s not your lot size . It’s the pair you trading. those pairs are too dangerous. Spikes, slippage, high swap fees, huge commission and low liquidity..
Switch to majors if possibly

karkinase:

Best of luck bro.. I wanted to tell you smtin salient last week Friday wen I saw ur trades.. guess I should have said it .. damn

Niceguy24:
Bro i dey calm... Na just this competition wahala.

I no know how i fit make 20% in a month using 0.5% per trade especially this late. I am at -1% drawdown currently.

If i get propfirm, i go back to my risk management plan of 0.5% per trade.

Donsheddy:


Asin eh... With such profit you suppose close the trade self... Hunt for another trade

meshpips:
Every weekend, only one person out of every 10 or 20 people will get the rare privilege of having me quote their post and in essence get a response from me.

Many kids here are far younger than me, I don decide to ignore lots of posts.

Count yourself lucky, infact frame it and put it in your family house whenever I respond to your post.

samfelly:




Nice one, Dottozil. You don surprised and surpassed me. You finally wiggled out DD. You're permitted to add IdanFx to your name now 😀

infofirst:





I thought last week was challenging. But it appears this week b the challenging week. My acct see shege for indices nd gu hand.
From 11.5% last Friday to 8% today. We move.

There will be twist of reward for this month competition. My full participation makes me realized that the $10k tft is giving along with the condition for the account is not even up to what I intend to give those that will make 10% here. That looks like rewarding more for less efforts. Until the month end sha. Those that make 20% and get tft price might still get price from me and those that hit 10% and stop trading might get OYO prize. But in all. Until we see how many cross the line.
Those giving updates as I suggested matters too.
Those that will pop up hummmm

dottozil:
USOIL SOLD AT 80.26

TARGET; $67/barrel


I think there is a potential for roughly 1000 pips downwards, might take a while though

rainlover:
Who else is waiting to sell gold at 1916?

greatcheer:


thanks @infofirst, going through a seperation right now @ homefront, to think I just put to bed in June.. the thing don scatter my brain. my forex is not forexing at all maybe it knows am desperate for d money rn.
In all marry a kind person e get y.

my 25k account didn't make it.
months of July August tried swinging ie going long but I see the market just swallows my profits or even change direction.
so am going back to my scalping, 8am to 11 in the morning take profit n exit
then wait till in the evening 4 to 6 or 7 and exit.
nothing concern me with news again

GabsonFX2:
Gold update!

Gold short trade closed @ 234pips ish.......Finally!!!!

Yippee.

See you all in months time.

peteregwu:


Jboixxx said it's 985

peteregwu:


But payday is telling me about 800 naira. E be I go just move to payday for now.

emeraldlife:


None o.

If u get sure one just drop

emeraldlife:


I don comot hand for their mata.

samfelly:


Can you make 20% of 100,000? If yes, you have a chance

https://become.fundednext.com/dashboard/competition

https://dashboard.thefundedtraderprogram.com/competitions

https://myfundedfx.tech/competitions

https://dashboard.fundedengineer.com/competitions

https://trader.smartproptrader.com/competitions

https://trader.fxify.com/competitions?competitionId=16

https://dashboard.larkfunding.com/competitions

https://contest.surgetrader.com/

https://app.alphacapitalgroup.uk/competitionlist

https://competitions.toptiertrader.com/

infofirst:


It was a challenging week with my tft competition earlier in the week. Us30 swallowed 3.5% high lot in gu swallowed another 2.5%

Fortunately moved from 6% last Friday to 11.5% today.
No DD hit yet.

If you hope to get 10%+ price from me, try and be updating us here since fxblue is not helping. So we have an idea of what's going on.

peteregwu:
Klasha dollar rate is just going higher. Wetin dey happen?

meshpips:


Why will any right thinking person purchase evaluation accounts for people that have less than 6% chance of getting a payout? Yet he keeps doing it month after month.

Does statistical data mean anything to us at all? Do you just like to waste money? Or what exactly is the point he (@infofirst) is trying to make?

Instead of holding them by the hand and yes spoonfeeding them if he must. Just to ensure that they get to that point of receiving a payout.

It is stupid and selfish to think that because you suffered to get success in life then your kids and everyone else has to suffer before they smell success but this is what is prevalent in this industry.

Many of you are defending mediocre ideas because you are still very young (in your late twenties or thirties). Pretty soon, as you begin to age, you will start seeing life from a far better perspective.

dmahn:


Naso now.. Na phone Photoshop I use sef... If I get time open am for my lapi, I go generate a very high quality version.. But I no get hin time

dmahn:


No mind am jàre boss.. I'm a graphics designer.. If anyone needs those certificate wey hin post, I go clean hin name and signature comot put yours perfectly wey nobody go notice...

GabsonFX2:
This is a divine realization, uncommon knowledge. In this business, most times you have to ignore all those general ideologies and theories about pair correlations and all that sh*t to succeed, again, it is an individual and personal journey. What you both said here was what formed the entire me when I was of the moniker pipsbasketing and pipsbasketings.

peteregwu:


But you said it was haram to trade forex? 😒

meshpips:


No tables to be scattered.
I wrote openly when I breached the account on Twitter.

At this stage of my journey, I am no longer ashamed to let people know that I failed.

Absolutely nothing to be ashamed of.

I have gotten to where only about 11% of traders worldwide can ever get to and I am willing to help others get there.

You have not done same or at least nine that I know of. Do you delight in just throwing money away by purchasing evaluation accounts for people and waiting for some magic to make these random people get into the 5% league?

Why not purchase the account for them and take them under your tutelage until they get to payout level?

Why do you want them to keep struggling by themselves when you are in a position to offer assistance? Is that what Islam teaches you?

My own Bible says do not with hold help from people if it is within your power to do so.

Infofirst, take a few by the hand and help them get to where you are.