Is It Better to Trade with a Prop Firm or Trade Your Own Money?

Andrew Lockwood explains why trading Forex using the Prop Firm Funded account is no different than trading your own money when it comes to the emotional challenge. If you want to become a successful funded trader this is a must-watch video.

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-------- About The City Traders

The City Traders is a community of aspiring traders who can explore effective methodologies to eventually make a career as a funded trader. We know that the education and proprietary trading industry is crowded with unrealistic expectations and criteria resulting in failures.

We are solving these problems by focusing on three crucial areas:

- Comprehensive education from real traders
- Funding program designed by traders for traders
- Growth in performance and personal development

We strive to enable every community member to own their future and equip them with the skills and support they need throughout varying economic conditions.

-------- Risk Disclaimer

Trading the financial markets carries a high level of risk, and may not be suitable for everyone. The information made available here is to provide education only and not investment advice. We recommend that you seek professional advice before carrying out specific transactions and investments.

Futures, CFD, Margined Foreign Exchange trading, Warrants, Options, and Spread Betting carry a high level of risk to your capital. A key risk of leveraged trading is that if a position moves against you, the customer, you can incur additional liabilities far over your initial margin deposit. Only speculate with money you can afford to lose. Futures, CFD, Margined Foreign Exchange trading and Spread/Binary Betting may not be suitable for all customers, therefore ensure you fully understand the risks involved.

#propfirm #fundedtraderprogram #tradingemotion

[thecitytraderscom]

Andrew Lockwood explains why trading Forex using the Prop Firm Funded account is no different than trading your own money when it comes to the emotional challenge. If you want to become a successful funded trader this is a must-watch video.

[yoSepher]

I like that mentality, no one trade should make you, no one trade should break you. I just started implementing that in my trading and my consistency is trending up. I'm looking forward to staying consistent with that mentality.

[Edmund-King]

Interesting, clearly expressed, overview of the pros vs the cons of trading prop funded capital. I agree, the trader's psychology, sound discipline, great risk management, are among the most important aspects when trading any capital, however.

[chieduegwim]

No one trade should make you, and no one trade should break you... very correct, but to abide by it, not as easy as it sounds

[LeanTrader]

Great explanation of the prop industry Andrew...its fascinating how much opportunity is available to retail traders now...but people must be careful choosing prop companies!!

[KingNature-moqy]

for me going with prop firm is cool...and am currently trading with liquidmarket offering both MT4/5 at the moment

[Eli-zgtj]

I'm a funded trader but my goal is to make a decent amount to eventually trade with on a personal account for several reasons one being I prefer spread betting for the tax-free advantage it offers Vs having to pay taxes as a funded trader and being generally free to set my own rules.

[baz]

Hi Andrew, can you do a video explaining what's in your course (if that's what you offer) please? Thanks 👍

[leemitchell]

Great video Andrew! One thing I don't understand though is.. you are saying a realistic percentage gain per month is 5-10 % right? But we can gain 4% on just one trade if we risk 2% on a 1:2 RR ratio! So I think the Monthly percentage gain would be much higher than 5-10% 🤔 and that is taking into account the losses we'd face. I would love your feedback on this 😀

[gn]

what's the true math behind stated acct equity and actual acct size when considering drawdown, max contract size, leverage, etc? It's not like prop firms are giving out $25k, $50k, $75k, $100k, $250k, etc on a whim. One's essentially paying for access to levered capital w/ acct size equal to margin allowable to carry those contracts

[benjashah]

If u make 5% per month, just put your money on some index and you will get slightly less results but much more time

[LightoftheQuran.]

av heard that when u got funded you don't trade with real money but with a demo account but when you earn profits they will pay you, i don't understand how that works, can someone explain this to me

[seanmastro]

LOL....the real reason most traders using Prop Firm Money The prop firms are HEDGING against YOUR it is THERE CLOSELEY GUARDED SECRET because it makes them money. Imagine the Power of Volume Hedging against your that is about as equal to reaching into your pocket and lifting some cash out for myself.

[siyabongadlamini]

I have a proper account and the casino account, believe me the casino account with good money management and proven skill makes a leaving but only high quality set ups 😂😂😂😂