How much do traders REALLY earn?!
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- Опубликовано: 1 окт 2024
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this info can only be accepted by traders with experience, the new ones are chasing riches
true information
Thank you for this ! i always watch them !
Suppose that you're provided with 100.000 balance,
then you are allocated 6% total risk,
so you have 6.000.
You should trade with 1% risk per trade out of 6.000, that is 60USD each trade..
You need 10% profit target to pass a challenge, how come you say profitable traders make 2 to 4% profit?
, do you hear yourself?
Yes, professional traders who trade with real money from investors aim for 2-4% per month. Nobody will give you real money when you aim for 10% in 2 or 3 days!
Only this simulated virtual money account prop firms like you to aim for 10% in a couple of trades or days as they know that 85% of the traders who do this blow up their account, and then they can keep your fees so they can use your fees to pay the couple lucky winning traders.
We are not looking for this couple of lucky winning traders who want to get rich quickly with our real money. We are looking for serious, patient, and responsible traders who are looking to build up a career like most professional traders do in banks, hedge funds or asset management trading departments and only work with real money accounts. All these traders earn money consistently and build up a professional career with an audited track record.
can i know why stage 1 for 1 million account the gain is 15% but u can only risk 6%. the gains is so high but the risk is so little. why not follow as standard as the 200k risk 6% gain 6 - 10%?
Hi, in the end, it is all the same! Our risk is always 6%. If you want to reach 10 million accounts, you need to earn 35% with a 6% risk. If you want to reach a 200k live account, you need to earn 10% with 6% max risk. If you want to earn 500k with a 50k account size, you need to earn 30% with 6% risk. So, in the end, it is all the same. The only difference is the profit target to get to some stage. But in the end, the risk is always the same. Also, for us to give an unknown trader a 1 million real money live account, we want to see a little bit more than only a couple of lucky trades, so it is normal to ask for a little bit more gain than you ask for a 200k account. To get to a 1 million live account from a 200k account, you will need to earn 30% with a 6% risk, so in the end, the 1 million accounts for the price of only 200k accounts and only need to earn half % of the profit target is the best deal for every trader. So, you see a 15% profit target and only 6% max risk capital the wrong way.
Will Lux allow US traders to sign up again ? Hopefully.
Not as long CFDs are not allowed in the USA.
Great content
Hi Admin. Anyone pass your 10M challenge?
This is what i have been looking for. Real talk.
Are you guys offering futures now? I saw that one of your CFD competitors got shut down recently.
We do offer future contracts but based on CFDs
@@LuxTradingFirm Hi, is there a reason for this and why you guys don't provide futures contracts like NQ on the CME?
@@AtifHussainOG We prefer to work with CFDs instead of actual own the stocks or the future contracts and it will also not help us to offer it to US traders. So for this reason we only offer CFDs on Future contract prices also like NQ on the CME.
Gee wiz. Thanks for the demoralizing, time and money saving information. Sounds like I need to take the money from that average account of mine and pay for that funded account. Sign me up!
How much do you recommend that traders should risk per trade? 1% seems to be too much.
1% risk per trade based on total account balance on your own live account is good as on that account, you can lose 100%. But 1% on total balance on a prop trading account where you have between 6-10% max risk capital is too much as then it is between 10-20% risk per trade. So, if you want to calculate good risk management on a prop trading account, you need to calculate this based on your max risk capital you have in your account at any given time.
@@LuxTradingFirm but 1% risk per trade means 10 losing trades, you blow your account or you lose the challenge.
@@letholamokakala454 We only advise you to calculate your risk based on your max risk capital. If you want to risk 1% of your total balance per trade, that is up to you.
@@LuxTradingFirm whats the point of offering 10mil in funded if you cant risk manage properly. As you said in previous comment you advise to calculate risk base on risk capital - that is 6 percent on lux trading firm. Now according to my setup I risk 0.50 % of funded capital, not the risk capital. If I were to risk 0.50% of the 6% risk capital it'll be 0.03% of the funded capital. It would take ages to reach 10%. Please clarify if this is what lux trading firm practices or not as I'm very much interested in buying the account
@@AP24522 Our program is not set up for high-risk traders who are looking to get rich quickly; for that, you need to choose this simulated virtual money prop firm as they have nothing to lose when you risk their virtual money. Our program works with real money and we use the same risk management all professional traders get when trade for a bank, hedge fund or asset management trading department with real capital for investors. If you have no time or patience and want to quickly reach the profit targets, do not start in our program. If 10 million real money is not worth it to take 2-3 years of hard work before you can trade this then our program is not for you, but know that no professional trader will get from day one in the bank, hedge fund or asset management trading departments 10 million trade capital in a couple of months.