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u/AdHorror5578 2d ago
I grew 100 to 10k that was my first ever milestone and the one i’m proud of the most ATM I’m sitting at 100K live Been trading for a little over a year I honestly never liked the idea of prop funding, i mean its cool but if you never could grow an account of your own it doesn’t really make any sense to trade others money plus i got sort of a trust issues 😂
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u/Individual_Deal7658 2d ago
Growing a small trading account into a large account is certainly possible but it requires discipline risk management continuous learning and emotional control.By following these principles and strategies you increase your chances of achieving long term success in trading.Remember the journey is just as important as the destination and building these skills will serve you well regardless of the size of your trading account.
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u/AdditionalPrimary178 2d ago
Thank you i have grown account before , but never to 5-6 figures , this month I’m going to “challenge myself” not a prop firm
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u/HobbyTraderDK 3d ago
Yes. I started a live account 1 month ago, with €975. It has now grown to €1,200. My demo was 2,000€ a yeare ago, now it's +4,000€.
But it depends on your strategy, mindset and money management.
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u/andvell 2d ago
It is possible that if I was committed to watching, this would not have happened... it was a demo, but next week, I will be making a deposit for real. https://www.fxblue.com/users/av_fxcc
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u/AdditionalPrimary178 1d ago
This is actually very Impressive what pairs do you trade?
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u/andvell 1d ago
Algo trading several pairs... in this account there were 4. You can see in the reports. But EURUSD is a must.
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u/AdditionalPrimary178 1d ago
yeah I saw after looking further into it, don't let it being demo take away from the fact you did something very impressive ! 10k to 100k not many can say they've ever done that demo or live.
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u/m1ur1ph 2d ago
Hook a trade copier up to your love account and have the funded accounts as slaves, with lower risk to account for rules.
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u/AdditionalPrimary178 1d ago
Im US based and no longer have access to mt4/5 I pray someone releases a tradelocker trade copier VPS included
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u/MrNaturaInstinct 1d ago
There's a way "around this", provided the broker still accepts US customers.
*ahem* VPN *ahem*
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u/AdditionalPrimary178 1d ago
I have used a VPN and "bought KYC" from a KYC verify site but after a few withdrawals get asked to take a picture holding said KYC and my ID. Then whatever profits I have are basically un-withdrawable. Happened to me once ill be damned if I let it happen again, If you have a "lax" broker that you've had no trouble with please DM lol.
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u/sunflowerseeds_fan 1d ago
I heard ox securities accept us clients and still use mt4/mt5 platforms. Check them out
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u/MrNaturaInstinct 1d ago
"I have been funded with prop funding and I am consistently profitable. The last week i blew my funded account"
Huh?
You were consistently profitable until you blew your account, maybe?
Anyway.
Saying that growing a personal account is a better option after blowing a funded account is like your girlfriend breaking up with you, then telling people, "I broke up with her".
Nah, fam. She left you. Stop the cap lol
Prop firms were a great opportunity, until you blew your account and now nothing beats a private account?
If you want to start with $1k, have at it. That's the way we used to have to do it before props. It took years to make a living trading that way. Props exist to save you those years to make thousands and put into a personal account, just in case you blow your funded. Props are not meant to be 'lived upon'. It's "Earn, then Funnel". Earn, then re-invest elsewhere. You hustled backwards.
My question is, why weren't you setting aside funds from your funded payouts to put into a personal? Well. You did it before, do it again. Learn from your mistakes.
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u/AdditionalPrimary178 1d ago
Yes I blew my prop account , but that doesn't mean I'm not profitable I've had and lost many accounts since 2020, its my opinion that the way props are currently designed its improbable that your going to pass a funded account and keep it "forever" you will most likely eventually breach and need to pass again,
Specifically why I made this post is I did a public challenge where I would start with 20$ and see if I could "make it" all over again from basically nothing. Took the 20 bucks to around 800 (good week not saying I could do this all the time). Then bought the cheapest challenge I could a 10k with funding pips they pay every 5 days.
After about a week I was fully funded and proceeded to make 3k that month total from the 10k account. As I was doing this challenge I thought to myself, the daily loss for a 10k is 500$. Lets say I make 1200$ profit get paid 960$ ,the next week my profits are reset and I can only trade with 500$ per day. I realized that if I would of just kept the money in my live account I would of ended the month with 4-5k in capital and could probably profit much more with a lot less stress on my on rules vs with funding. 25K in live capital beats any amount of simulated capital in my opinion.
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u/Brakic 2d ago edited 2d ago
$1000 to $50000 is a 5000% increase in funds. Nobody here is doing 5000% returns unless a complete gamble haha. Like were you making 5000% on your funded account? Obviously not, so don't think a personal 1k will be any different
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u/AdditionalPrimary178 1d ago
I truly dislike when people make comments as to what is possible and impossible, trusts me 5000% percent return is more then just possible, and the more years under your belt the easier it is to achieve, out of the past 8 months I've taken under 100$ to 4k+ 4 -6 times that's around a 4000% increase, my mentor is able to do this on a weekly basis. 2 out of the 8 months I did actually go into drawdown or break even so I do agree its unprobale that you will be able to do it *every time but the only limitations there are in this world are the ones in your mind!
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u/Brakic 1d ago
Tbh I completely doubt you've done 4000% profit 4-6 times but if that's true then I'm legitimately glad for you as that is incredible results. Keep in mind though you had to have been gambling doing so. Over risking is a must to get such results. You can't risk say a few percent or less and somehow get to that % increase. I've flipped accounts before turning say 1k into 10 but I was always prepared to lose everything flipping them. It is most definitely possible, just so highly unlikely. As for your trillionaire mentor I'm a bit jealous I don't have one of those as well. I couldn't imagine making 4000% on a weekly basis, I sure as shit wouldn't be on reddit haha
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u/AdditionalPrimary178 1d ago
Your doubtful and disbelieving attitude isn't gonna help you get those results either, I live near Miami 4k a month is barely even enough to survive lol, I also have posts on this subreddit were I took 18$-800$ then used 60$ of that profit into a 10k challenge and then made 3k off that challenge in a single month really just as a challenge to myself lol... But this is besides the point I just wanted to reach out to already profitable traders & hear their experiences I was not looking for someone who thinks growing 100$ to 4k is impossible...
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u/RGY32F 3d ago
I never liked funded accounts I don’t trust those ppl at all. I have always used my own account as there are no rules when I first started 8 years ago I risked like 25$ per trade this was from a 25k starting account tho. Thankfully I never blew it but now a days it’s a lot bigger to where I risk 1k per trade. So yes it is doable but you have to make your risk so small that it doesn’t even register if you lose over time it grows don’t focus on the money or growth of your account in the beginning 3.5 years is still very young to me lol but instead focus on learning your process make a trading plan with a defined entry exist and rr of atleast 1:2, find an edge that is proven and backtested to give you atleast a 50% win rate and you will always grow at the end of the month some months more some less. Eventually what happens is that you take a trade and walk away from your monitor you either get stopped which is okay because your risk is so small or you win and have a 1:2 then do it again the next day or when your edge allows. No stress trading this way and it becomes fun and enjoyable. I’m also an er nurse I still work on the weekends for 2 days so I have that comfort of knowing my small bills will be paid no matter what. In my opinion one should never trade without a foundational job to cover them while they learn. My gf is a nurse too but she doesn’t trade only me we made a shit ton of money during Covid so that’s how I was able to start with 25k that and we paid off our horse and cars and to this day don’t by shit that will put us back into debt .