Warning About New Forex Prop Firms (starting to close down..)

In this Forex trading vlog, I share my thoughts on Forex prop firms & funded trading accounts. With all the new prop firms coming up, some are starting to close down. Vlog 622

#forextrading #propfirms #funded trader #swingtrading #daytrading

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Are you hoping for a prop firm to sustain you while trading full-time?If that's what you're hoping for, you're about to make a big mistake. My general rule of thumb in trading is: I don't want to be dependant on anyone. If you make $40,000 by trading prop firm capital, and suddenly they close down, you go from $40k to $0 the next month. Don't get me wrong though, prop firms are still a great tool for traders. And I prepared an important video to give you my thoughts on this.

Here's what I cover in the video
- Why I always want to be independent with my trading
- The goal of prop firms & funded accounts in your trading
- And much more!

This is not to terrify you, but I want you to be aware of it so you don't get trapped like a lot of other traders.

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// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!

If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.

// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.

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