Home Forex Why prop buying and selling? – Statistics – 30 November 2024

Why prop buying and selling? – Statistics – 30 November 2024

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Why prop buying and selling? – Statistics – 30 November 2024

So first a disclaimer , sure i did too some funded buying and selling packages , principally simply to check my ability or to get a pleasant 

funded 

i used to be pondering the entire time about why am i doing it and does it make sense to even participate in that..
principally was utilizing my ea on mt5 to maintain this which is basicly very easy 
win rate of ea did manually closed position on weekends because they have crazy swap holding fines

the win charge just isn’t 100% as a result of they cost loopy charges for over night time for weekends so i needed to simply shut some manually + they use hidden commision that exhibits solely on the web site not on the positions in mt5 so a place with revenue of 1Euro could possibly be calculated as a shedding commerce, after i realised that i abjusted my trailing so place won’t ever be thought-about as loss 

so right here is my downside with this factor and that i nonetheless break my head what could possibly be helpful extra for a dealer
shall we say its a funded account of 20000 
appears good you now have the facility of 20000$ 

however no as a result of you’ve in all probability a day by day drawdown of three% and an account shutdown at 5% or one thing like that
which can make you threat perhaps 1-1.5% of the account
so now we are literally taking part in with 400$ +- and lose each factor if we lose 5% which is 1000$
identical state of affairs on privet account will likely be one thing like 1000$ as cash invested 
400$threat will make you the air to lose (relies upon of the corporate and margin requirments)

one thing between 800 -998$ till common account will likely be margin name
when prop account may have day by day cease at round 600$ loss and a few prop corporations will shut that place
so now your with19400 can threat perhaps 300$ with the day by day cease nearer

now for the icing shall we say your proftable and already had 24500 at that funded account and now the market make a pointy flip in opposition to the commerce and the account is gone.. all of the whereas an actual account would have enought room to flex that  

let me know what you assume is best?
account has to have sufficient air 
heres some trades as you may see some purchase place needed to wait their flip

Bull Bear EA

https://www.mql5.com/en/market/product/127430?supply=Web site+Profile+Vendor#  free in the intervening time 
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