Ace Trades

VIP Report From Nov 19 - Dec 2

Win

💙 NOV (18)  90 Pips (XAUUSD)
                         60 Pips (GBPJPY)

💙 NOV (21) 90 Pips (XAUUSD)              

💙 NOV (22) 110 Pips (XAUUSD)

💙 NOV (23)   140 Pips (BTCUSD)

💙 NOV (23/24) 170 Pips (XAUUSD)

💙 Nov  (25)  BE (XAUUSD)
                      180 Pips (XAUUSD)

💙 NOV (26) 120 Pips (XAUUSD)

💙 NOV (27)  120 Pips(XAUUSD)

💙 NOV(28) 130 Pips (XAUUSD)
                  40 Pips (XAUUSD)

💙 NOV (29) 100 Pips (XAUUSD)
                       160 Pips (XAUUSD)

💙 DEC (2)  120 Pips (XAUUSD)

                              

Loss

⛔NOV (18)  -50 Pips (XAUUSD)
⛔NOV (20)  -60 Pips (XAUUSD)
⛔NOV (22)  -50 Pips (XAUUSD)
⛔NOV (28)  -40 Pips (XAUUSD)

Total Win = +1630 Pips
Total Loss = -200 Pips
Break Even = 1 Trade

Total Net Win / Pips = 1430 Pips in Profit 🔥

A funded account in forex trading refers to an account provided by a proprietary trading firm (or "prop firm") that supplies traders with capital to trade in exchange for a share of the profits. These accounts allow traders to trade larger amounts of money than they might have on their own, without risking their personal funds. Here’s how it typically works:

Key Features of Funded Accounts:

1. Evaluation Phase:
Most firms require traders to pass a trading challenge or evaluation to prove their skills. This phase usually involves meeting specific profit targets while adhering to risk management rules.


2. Capital Allocation:
Once the evaluation is successfully completed, the trader is provided with a funded account. The size of the account depends on the firm and the trader’s performance.


3. Profit Split:
Traders keep a portion of the profits they generate (e.g., 70%-90%), while the prop firm retains the rest as their share.


4. Risk Management Rules:
Funded accounts often come with strict rules, such as:

Daily Loss Limit: Maximum loss allowed in a single day.

Overall Drawdown Limit: Maximum loss the account can endure.

Leverage Limits: Specific leverage ratios to manage risks.



5. Fees:
Some firms charge an upfront fee for the evaluation or access to the account, while others may deduct it from profits later.



Benefits:

No Personal Risk: Traders don't use their own capital.

Access to Larger Capital: Enables trading with larger position sizes.

Support and Tools: Many firms provide resources like trading platforms, analytics, and mentorship.


Challenges:

Stringent Rules: Violating the rules can lead to disqualification.

Psychological Pressure: Knowing the limits can add stress to trading.

Evaluation Costs: If the evaluation isn't passed, fees may be non-refundable.


Popular Prop Firms Offering Funded Accounts:

FTMO

MyForexFunds

The5ers

Topstep


If you'd like to discuss strategies for passing funded account evaluations or maximizing returns, let me know!