Smith Goggins
@SmithGogginsCEO
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CEO @ftcpropfirm . God fearing, an 'obsessive' business focus and determination.
United States
Joined May 2023
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What are the pros and cons of prop firms?
Prop firms customarily award traders a share of the profits they produce, creating a substantial financial incentive for successful traders like
@ftcpropfirm
Conversely, prop trading is not without its risks. Traders employ the firm's
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The average salary that prop traders make depends on their experience and increases over time👌
On average, a Prop Trader in the US has a salary of $142,000 a year💰.
#ftc
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Hello my fellow traders 👋
If any of our followers have heard about what happened to MFF, we're truly sorry for that. However, we want to assure you that our funds are secure under FTC management. There's no need to worry, as we are a regulated company under certain
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Why do 90% of traders fail?
One of the biggest reasons traders lose money is a lack of knowledge and education.
Many people are drawn to trading because they believe it's a way to make quick money without investing much time or effort. However, this is a dangerous
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We understand that this is a challenging time, but together we will get through it
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Is Prop Trading Legal?
Prop Trading is as legal as driving 34mph in a 35mph zone with all your tags up to date, headlights on, and both hands on the wheel.
Why does anyone think it's not legal? I don't know. Maybe it just seems too good to be true, that a company would give you
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Our new risk management strategy: If your trade doesn't work out, you have to explain it to my grandmother.
#RiskAverseGranny
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Dear valued partners, clients, and supporters,
I am thrilled to announce that Funded Trader Capital is resuming operations, having undergone an exhaustive review and comprehensive investigations. This journey has reaffirmed our dedication to maintaining the highest standards of
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Pros of being a prop firm trader:
1. Access to Capital: Proprietary trading firms provide traders with significant capital, allowing for larger positions and potentially higher profits.
2. Professional Environment: Prop firms offer a structured and often collaborative trading
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5 BTC was equivalent to $5 in 2011. Same 5 BTC is equivalent to $149,499 in 2023, a Price of a Decent House.
If someone offers you an opportunity and you're not sure about it, Say Yes & learn how to do it later. (Richard Branson)
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To our esteemed clients, partners, and team,
I am writing to inform you of the recent developments concerning the hearing that many of you are aware of. It brings me great relief and pride to announce that the hearing concluded in our favor.
Such moments reinforce our
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Thank you for watching our videos and engaging them. We love you guys! You’ve been so awesome to us! We are getting closer to the 7K subscribers goal on YouTube
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If you got an email saying you failed challenge 1, that is just protocol. You didn't fail.
@ftcpropfirm
We are just migrating servers and changing brokers.
You'll be able to trade on TradeLocker for the time being. This is only until we get set up with the new broker, we saw
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There is a time to go long, a time to go short and a time to go fishing. 🎣
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Now we wait 😌👌💰
#ftc
Trade with prop firms owned by rich well off individuals for less headaches when dealing with withdrawals
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Cheers to 14,4K+ followers on instagram and many more to come! I am blessed and grateful for every single one of you. Here we go!
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Can you make a living with prop firms?
“Prop trading,” offers higher earnings potential much earlier in your career than jobs like investment banking or private equity.
It's arguably the most merit-based industry within finance, if you make millions of dollars for your firm,
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I’m expressing my heartfelt thanks to everyone on Facebook. Thank you for 8K followers. We’re not just socially connected, but we’re family too. This was never my expectation, but you guys got it going.
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Why do we use so many screens in our trading firm? Because we heard 'multitasking' is in, and we're overachievers.
#MultiscreenMultitasking
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Now there's something you don't see everyday
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We are the real deal 🦅
Just so everyone knows, currently, we have branches in South Africa, the United States, and Malta. Our plans include expanding to countries like in Kenya, Nigeria, Ghana, Namibia, India and Zimbabwe, where we see great potential in terms of consistent
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Trust is earned through our responsibilities and continuous efforts to provide our customers with excellent service and products by doing the right thing. Our daily mantra for business is that it needs to be beneficial for both parties concerned.
We prefer long-term
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You need to love everything about trading and have the patience to commit to practicing over and over until you get good at it!
Trading is a job, and as with any other job, you need to love it if you want to get to the top and earn the best salaries while feeling happy with what
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@ftcpropfirm
Thank you all for your patience🙏.
The next step is conducting a comprehensive audit to identify and promptly refund all fraudulent credit transactions.
We are dedicated to ensuring that every unsuspecting client who lost funds will be fully reimbursed.
The developers team
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We are excited to share an important update regarding our scaling plan. 🦅
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You know, when I think about what sets a top-notch prop firm apart, it boils down to a few things for me. They've got to have a solid capital base – it gives traders the room to maneuver. But it's not just about money; the culture is crucial. A place that invests in training its
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We don’t want to be just another prop firm. We feel our story and vision should be bigger than our company. We have always felt that we want to make the world better.
It sounds cliche, but everyone shares some of the responsibility for making the world a better place. Change
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Why do prop traders make so much money?
Hedge Fund vs. Prop Trading
Hedge funds invest in the financial markets using their clients' money. They are paid to generate gains on these investments.
Proprietary traders use their firm's own money to invest in the financial markets,
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Normal day in the Prop firm space 🦅
The Hypocrite said a threat 🥱😂😂😂
I just have low tolerance for 🤡🤡🤡🤡
Mr. Upcoming simulated.
Good luck with your venture SON.
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Is Prop firm trading a good idea?
Prop firm trading is a legitimate way to make money, but it is not without its risks. Prop firms provide traders with access to a significant amount of capital, typically in exchange for a percentage of the profits generated like
@ftcpropfirm
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Nowadays it’s easy to start prop trading.
A lot of firms are appearing, allowing retail traders to trade with their own money like
@ftcpropfirm
Typically you just need to pay a small fee and pass their challenges before getting funded to trade.
#ftc
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I love seeing Unity, Africa is such a beautiful continent 👌🗣️
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@ftcpropfirm
Congratulations to all our traders 🌟
I advise anyone to take time and learn about prop firms. Challenge yourself first, and if you can’t make it, don’t trade with real money. Continue developing your skills and improving your knowledge until you do.
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To start prop trading you need to follow these steps:
1. Learn how to trade
2. Practice until you gain consistency
3. Apply for a funded account in one of the best prop trading firms
@ftcpropfirm
4. Pass their challenges, get funded, and start prop trading
5. Keep trading with
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Only money can really help you achieve your dreams, this is the type of growth we’re planning to achieve with
@ftcpropfirm
, in God’s grace we shall prevail 🙏
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The life you are looking for is in the work you are avoiding.
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Losers make Mistakes, then they make Excuses.
Winners make Mistakes, then they make Changes.
#leadership
#leadershipdevelopment
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How to get consistent as a prop firm trader?
Consistency as a prop firm trader comes from mastering a well-defined strategy. Stick to your trading plan, practice disciplined risk management, and avoid impulsive decisions.
Regularly review and analyze your trades to learn from
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What’s your take on the spacex recent launch?
Do you believe they’ve went to space ?
Watch the three center engines on Starship’s upper stage gimbaling just after separation. Right before they ignite for hot-staging, the engines angle themselves outward to direct their exhaust towards the vented interstage before re-centering for ascent.
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@Expressfunded
Congratulations lads! 🦅
I know some CEOs who claimed to care for Africans are worried about this move 😂
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What makes rich people happy?
Financial freedom, personal freedom, having control over your life - these are all types of freedoms billionaires seek to help them find motivation. Oftentimes, freedom is one of their main drives right from the get to go.
Growing companies like
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Always make sure you protect your profits if you are planning to swing a few trades.🔥📈
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Thinking of getting one 🤔💭
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@ftcpropfirm
Thank you to everyone who attended the free seminar
And thank you to those who joined the live stream 🏆
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@Bl_ckkky
Currently, it’s not financially lucrative for us to make that adjustment
Our strategic finance team is trying to lower costs since we are fairly new & we have a lot of employees in different countries and many various marketing costs such as paid advertising, partners, Google &
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@veeforex
Anything is possible mate, Africans are capable of turning everything 360
Soon FX will be African led👌
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@Adam_Aabaad
New to the space mate, but thanks for the constructive criticism. Your feedback is appreciated
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@fosu_norbert
@malikaamir311
@ftcpropfirm
& dedicated 24/7 support & forex educators with weekly lessons
We provide you everything that other firms fail to provide and that is striving for the best quality and technology in the industry
It's not about the price but what you gain for the price 🦅
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@Tonysmart_2_0
@ftcpropfirm
Yes, a lot of clients in East Africa and some part of the world has purchased numerous FTC accounts with stolen credit card details,
We already reached out to the regulators to discuss their concerns. The next step is conducting a comprehensive audit to identify and promptly
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@TheNightmare619
@ftcpropfirm
Where are you based? Interacting with users is one of our top priorities
We’d love to host a Free Seminar in your home country
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@fosu_norbert
@malikaamir311
@ftcpropfirm
Use our 30% off coupon codes, only for our loyal client. There is literally not a single prop challenge out there better than the Funded Trader Capital Challenge.
With the quality services we provide, overall best technology, next gen platform, free giveaways…
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@khadijabee936
We did share our statement
The next step is conducting a comprehensive audit to identify and promptly refund all fraudulent credit transactions.
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