moonchild
VIP Contributor
Proprietary trading has become a new way of making for forex traders, nowadays you do not have to save money to start a personal account, all you have to do is buy a challenge and pass the two phases and then get funded where you get to share the profits with your prop and also buy another challenge till your mac out your capital allocation.
To get started in your prop firm journey, is important to practise, so go to FTMO.com and open a trial account which basically simulate a real prop firm account, test out your strategy and see if you're profitable enough.
Once you certify yourself as being deem fit for a challenge account go ahead and buy one, it's advisable to start with the least which is around $49 dollars and you'll get a $5k challenge and if you pass you can start making your cool profits and even scale to larger capitals.
There are other aspects you also need to work on like your risk management and how you trade the funds is not advisable to use more than 1% if your capital to trade on each idea so that you can have ample time to correct your mistakes before blowing an account.
To get started in your prop firm journey, is important to practise, so go to FTMO.com and open a trial account which basically simulate a real prop firm account, test out your strategy and see if you're profitable enough.
Once you certify yourself as being deem fit for a challenge account go ahead and buy one, it's advisable to start with the least which is around $49 dollars and you'll get a $5k challenge and if you pass you can start making your cool profits and even scale to larger capitals.
There are other aspects you also need to work on like your risk management and how you trade the funds is not advisable to use more than 1% if your capital to trade on each idea so that you can have ample time to correct your mistakes before blowing an account.
