Cmk96, so far I know you were not working already,  can I know what make you financial freedom? Property? Share? Forex? Salary?

Which take the biggest part atleast.

From the account you post 100k+ profit for 10years isn't really that much although I still far from there. But it seem not enough to be financial freedom. Maybe the next 10year from 100k to 1m will be enough.

6 month period.
They will give your 10k real account for evaluation period (6 month for 6% profit not more than 4% drawdown)
After you pass they will give you full 40k
When you reach 10% after that they will double the account and keep double if you keep reach 10% and this time no time limit for reach the 10%
Of course they charge you one time fees if you want to take the test.
But imho it's better than using your own capital.
In my calculation, If you wanna trade for living (low risk and tight money management) at least you need 6 figures capital.
I'm just a typical person with normal day job and realize 6 figures capital is impossible for me.

There are many kind of remote prop firm out there and I just explain the prop firm that I interested above.
Try to search prop firm like FTMO, Traders4Traders, Funded-Traders, Apiaryfund, The5er etc
And read the rules that suite your trading style.

salute to u for the excellence performance.

now, i know, lowyat have many hidden experts , quietly making $ day in day out

Basically nobody.
Not even top fund managers.

no one la.. this requirement is put in there to cuck the traders

How did you know they are not legit? They not base on Malaysia because only big investment bank allow to trade forex in Malaysia. Kindly check their website first if you want to comments like this. Even you found a prop firm on jobstreet their requirement is very high on education level + your tight money management 2-year track records.
6%? how come not to pass

Other prop firm other rules some offer up to 10% drawdown, just need to find rules that meet your trading styles. Just keep looking and asking.

Fyi, you need to pass their test first before they give you a fully funded account and it's not typical 9-5 day job, it's a remote prop firm. You can trade their account anywhere, at home while wearing your boxer.
It's not best if you cant a afford a capital for living.

got big capital then ok la haha

no no.. i mean if i wanna be a full time now.. how to be if my account is 1400.. unless you say dont practice MM la

DD at 70% the firm still allow??

Forex is always for rich people games, rich people use big capital. But some rich people don't have time to trade that's why they find a prop trader.

If I got USD1400, I rather use some of that for taking test for the prop firm.

Example

Prop firm one-time test fees for USD50k is USD500 when you pass the profit-sharing is 50/50 every month and my account double when I reach every 10%

If I can consistently make 2% every month with USD50k account my split is 1% form USD50k that is USD500 every month and when my account double for USD100k 1% is USD1000.

IF

I trade my own capital for USD1400, I need a least 50% profit every month to reach that target.

2% or 50%-100% profit every month which is easier? That don't even count MC, loss etc

I make my choice.

20+% ROI is a logical target for any trader, worst case scenario you will lost 20+% per year and your account never MC if you have a good tight money management. But if that happen your system is not ready for that if keep losing why in the world you wanna trade people money if you have track records like that lol

The drawdown always your one time fees if you notice almost all on their website, if you hit the drawdown it's always the trader money not them, they not stupid enough to lose a single cent on test period or the test can be a simulator.

If you can make any account to 6 figures account, that is good, try to make again and again every year. But in my reality I need sum of money every month to support my daily living cost and I don't have a big capital to begin with. Unless you never withdraw your capital until hit the goals that maybe take time for a year or more.

Say my system on can make 18-20% per year, if I only can afford very small account like USD1000, that's is only like USD200 ROI, can I live on that? Even If I doubled my account it is not enough.

I only on the evaluation on some random remote prop firm out there, if I failed I will try it again and again.

And my point is you don't need a big 6 figures capital or aim with your own capital for that to trade this market for a living. There is plenty of option over there.

Did you add deposit or just let it grow from base 1400?

Any view on GBP brexit?

is your trading style like paogeh?

One of my best performing system. It's new in history (live trade) but the development of it started couple years back. Overall risk still at max drawdown of 10.81%.

Here why.
Get ready for heart attack .

[HELP] Do anyone recently can receive wire transfer from FXCM account back to Malaysian bank account? using which bank?

Do banks will block wire transfer from FXCM? if block what will you do? any suggestion?

recently there has been some rumours about people unable to get their money because bank negara block the transaction.
some organizations kena blacklist one. Retail forex brokers are notorious for it.

But like I said, just fill in a form with the banks. declare your money and source. Then no problem liao.

Bank only execute bnm orders. The only way they don't accept is if bnm blacklist. If like that, better you call bank negara for help.

Any bank will accept money transactions one. They charge you a fee for practically doing nothing. Nobody will say no to free money.

This is not black and white la... can open case one.

In the end our message same lol
Go ask bank.
Don't ask here.

MYR or USD?