This consistency rule thing no make sense, because imagine your first trade on EU with just 5 pips SL so you use 1 lot making it 50usd risk. Now you get another trade on gold and you have 30 pips SL and you want to maintain that 50 usd risk you will have to use like 0.16 lot or something, so that means I’ve lost the account?
Please sir after decreasing my starting lotsize by 50% can i still take multiple traders with my starting lotsize even without even going 4x higher? Please attend to my question I already purchased an instant funded account
Guys....read the rules in their pdf b4 start trading..... They say... "the only violation u will be notified about is only the daily and overall drawdown...."....be careful guys
No mate check Nice your calculation.......if you start with 1 lot size your 50% is 0.5 and your maximum lot is 400% of 1 Wich is 4 lot size anyway thanks with the review
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This consistency rule thing no make sense, because imagine your first trade on EU with just 5 pips SL so you use 1 lot making it 50usd risk. Now you get another trade on gold and you have 30 pips SL and you want to maintain that 50 usd risk you will have to use like 0.16 lot or something, so that means I’ve lost the account?
min lot for 1 is *0.5(50%) and max lot for 1 is *4 (400%). so min. lot 1 = 0.5 and max. lot 1 = 4 lots. Kindly check again. to avoid confusions
You are correct. He may not be a good mathematician but the information was useful and it shows you were following through as well
Please sir after decreasing my starting lotsize by 50% can i still take multiple traders with my starting lotsize even without even going 4x higher?
Please attend to my question
I already purchased an instant funded account
Yes you can
Please what is their maximum daily loss on the 1000 usd instant funding
6%
So please when u loose more than 6% on the account daily are u going to loose the account
Yes@@FestusHagan-rv3kl
Thank you for breaking this down in simple terms
But sir, Please recheck if it is 50%,
1 lot should be 0.5lot and not 0.05lot
Check the attached doc in the video description for clarity
Thanks for the review
@@quantumforexplease the document you posted is outdated. They have changed payout to 15 days.
if i open a trade with 0.06 lot and after a while a took partials of 0.05 and left 0.01 lot running does that count a breaking the rule???
It's in order
Sir is there anyone important rule to follow, se we don't violate anyother rules
Stated in the video
What if someone buys a 1k account. Can't I trade with 0.01 or is it too small?
You can
Please sir, can I make a multiple entry when I use 0.1 on my first trade and 0.05 ?
Yes you can
What does minimum 5 trading days means?
It means you must trade at least 5 days before requesting for a payout
@@quantumforex that means I don't have to rush to trade the account after purchasing as a swing trader.
@@DrKimyoon take your time
Guys....read the rules in their pdf b4 start trading..... They say... "the only violation u will be notified about is only the daily and overall drawdown...."....be careful guys
.
But sir what if I start my trading with 0.01 on instant funded account?
It's ok, then you can only increase it times 4
Sir, Can I use 0.40 Lot to trade a $10k Funded Live account?
Yes of course
Pls what is the maximum lot size on a $3000 evaluation account?
No maximums lot size
No mate check Nice your calculation.......if you start with 1 lot size your 50% is 0.5 and your maximum lot is 400% of 1 Wich is 4 lot size anyway thanks with the review
Ok
On this consistency rule if i start with 10 lot size hope i haven't valuted the law
If your account size can carry
Hi' sir, do you still recommend tentrade now..bcux im thinking of getting a pro firm by month end
Yes it's good
Pls on 1000 acc, I started with 0.02, then i open 3 position of same pair with same lot size, 0.02×3, Hope i havent violate the rulea
No violation
Please can I open multiple trades with same pair?
Yes you can
Great video 🎉❤
👍
Thank you for this video. It was really invaluable.
Please can you make a video for funding pips and the Forex funder consistency rule? Thank you
👍
@@quantumforex please sir can you share the consistency rule of Maven prop firm with me. The one you did on your previous video. Thank you sir.
Review the 5ers next please
Will try
Okay sir thanks for this knowledge
👍
Sir can i start trading with 0.01 lot for $3000 evaluation account?
Yes you can
You can but your maximum lot size will be 0.04and 0.01 is your minimum
Thank you sir, this was very helpful I was thinking of leaving tentrade but your review have encouraged me to go for it.
Their rules are much ooo, I don't think I will subscribe to them
😄