Exposing Prop Firm Hypocrisy - Change How You Use Prop Firms!

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  • Опубликовано: 2 апр 2024
  • Become a Funded Career Trader at Lux Trading Firm. Sign up for a free trial in this window: luxtradingfirm.com/#howwillyo...
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    Today, we talk about prop firms, and how many of them are being hypocritical today.
    #forex #forextrader #forextrading #tradingforex #fundedtrader #trading #pips #stocktrading #setuptrading #currencies #stocks #daytrader #fxtrader #propfirm #fundme #fundedforextrader #luxtradingfirm #forextips #bestpropfirm #getfunded

Комментарии • 26

  • @XTRADERXNYC
    @XTRADERXNYC 2 месяца назад +1

    I make a living trading my own account & 3 prop firm accounts. The rules in my live/person/account, I have the same rules! I trade for a living since 2013. It is fishy for newbies but for certified/professional traders it's an awesome tool and I consider it a privilege

    • @Toxic_men69
      @Toxic_men69 26 дней назад

      But prop firms are nothing just a highly leveraged account

  • @issalj2661
    @issalj2661 3 месяца назад +4

    This is what people should be watching before throwing away their money to prop firms, great video. Well done for your hard work and sleepless nights too ;)

  • @emmanueladetunji9757
    @emmanueladetunji9757 2 месяца назад

    Hi, is there a specific risk per trade rule?

  • @cebisamthembu72
    @cebisamthembu72 3 месяца назад

    With the stoploss rule...can i click and drag once ive entered?

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад

      Hi, everybody can always modify their SL later to break even or make profits, as reducing risk is always better, and there are no rules against this.

  • @mohammedalshareef9837
    @mohammedalshareef9837 2 месяца назад

    Hello, do you have Level 2 and live market data on your platform?

    • @LuxTradingFirm
      @LuxTradingFirm  2 месяца назад

      Hi, we have level 1 for our stock account and this is real time data. You can test it all with the 7-day free trial.

  • @subairthundiyil7641
    @subairthundiyil7641 2 месяца назад

    Well said

  • @MungusMctavish
    @MungusMctavish 3 месяца назад +1

    Is it true that your real money is only a margin held by your LP? Thus, not a $1 million dollar account but instead only the margin required for access to this as required by your LP?

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад +2

      All our traders in the funded stage trade real-money A-Book model accounts by our LP, and we cover these accounts with the margin requirements necessary for our traders to trade these real-money accounts up to 10 million.

    • @MungusMctavish
      @MungusMctavish 3 месяца назад

      @@LuxTradingFirm okay fantastic, thank you so much for the clarity.

  • @aceinosa
    @aceinosa 3 месяца назад

    who is your Liquidity provider , global prime told me its not your lp

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад

      Hi, we are no longer with the broker Global Prime since last summer when we got our own trading platform license directly with MQ for the MT5 and Trading View for the TLT platform. We now only work directly with Broctagon: ruclips.net/video/URkurGKPAqA/видео.html

  • @govindrajpurohit9108
    @govindrajpurohit9108 3 месяца назад +2

    Who back lux trading firm? Any hedge fund company or private investor ?

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад +4

      The owners of Lux Trading Firm are already more then 25 years in asset management.

  • @lucadiferdinando173
    @lucadiferdinando173 3 месяца назад +2

    I really do believe your firm is the best around… I have been trading investors funds for a while now and I’m looking at expending my capital with you guys… are the free trial accounts offering the same conditions as the funded ones? In terms of leverage? risking 0.5% per trade is fine in funded is allowed right? I’m sorry but I have spent 15h a day for years crafting a system that pulls way more than 2%/month I don’t want to come and limit myself otherwise I expand with more investors money…

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад +4

      Yes, the 7-day free trial has all the same trading conditions as the evaluation and all live stages. It is also connected to our trader dashboard and our program's trading and risk management rules. PS: We did not say that you can't earn more than 2% per month, but the target in the professional asset management business with ultra-high real money accounts is around 2% per month on average, and this is all based on the maximum risk they are allowed to take. So, if you can earn more per month under our trading and risk management rules we will not be the one to block any trader for more profits.

  • @cathaljmusic
    @cathaljmusic 2 месяца назад

    Could you please do a video exposing ftuk as a fake prop firm. Many traders are not getting paid out. They are scammers

  • @musikmakerfan
    @musikmakerfan 3 месяца назад +1

    Is it true you stopped accepting US clients?

    • @LuxTradingFirm
      @LuxTradingFirm  3 месяца назад +1

      Yes, that is true.

    • @musikmakerfan
      @musikmakerfan 3 месяца назад

      @@carlmartel8510 probably because they don't want to risk the regulatory bodies breathing down their necks

    • @EAifundedpassing
      @EAifundedpassing 2 месяца назад

      Yes