Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
22.8%
prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedSo I decided to inquire with metaquotes about getting metatrader 4, just for curiosities sake. Impossible. And despite talking to a close friend who works there in senior levels, aggressively impossible. So my question for you all. If a prop firm only has mt5, is it a dealbreaker?Ignored
DislikedSo in addition to good value for us (the trader), when I evaluate a company it must make sense to me how they generate profit as well.Ignored
QuoteDisliked100K maximum draw-down (no daily, relative or trailing draw-down)
Minimum trading days - 90
Maximum trading days - N/A
Phase 1 - 10% (100% actual)
Phase 2 - 10% (100% actual)
Phase 3 - 10% (100% actual)
Phase 4 - Funded/No targets, no 5% profit requirement for withdrawals and no subscription fee
Non-refundable fee - $750 minimum
Reset fee - $99
DislikedSo I decided to inquire with metaquotes about getting metatrader 4, just for curiosities sake. Impossible. And despite talking to a close friend who works there in senior levels, aggressively impossible. So my question for you all. If a prop firm only has mt5, is it a dealbreaker?Ignored
Disliked{quote}-I would not try fundyourfx for the reasons previously stated. Trutraderfund is also not good, in my opinion. For me, the 1M account is the only thing worthwhile, but that requires flipping the account 3 times with only 1:3 leverage. It is doable, but it will be a grind, especially since you will have to wait a full month each time your account is upgraded (so 90 days minimum to reach the 1M account). Even if you are good enough (and patient enough) to do that, you will then have to hope that they pay out your profits when you are rocking...Ignored
Disliked{quote} I wonder why FTMO single payouts are all of the sudden getting so much bigger than prior year & MFF payouts.Ignored
Disliked{quote} Thinking of jumping into the fray, takisd? To answer your question, I much prefer MT4. Btw, what did you learn about 8Cap in the course of your research? I'm curious why they seem to be cornering a big chunk of the market share in the prop-firm space. Is the deal they offer really hard to resist?Ignored
DislikedJust a question when you completed 5 trading days and profit goal in Phase 1 of MFF, how do you see in the dashboard where you can move to Phase 2. Do you need to write them or do I need to wait one more day, because I just made my small trade one hour ago and I still cannot see anything to move forward to Phase 2 in MFF...?Ignored
Disliked{quote} Last time I got from phase I to II was in April. Checking my emails I see that I received the email congratulating for phase 1 on 8:27 am London time and received the credentials for Phase 2 the day after at 6:10 am. I can't remember but I think I did nothing to received new credentials.Ignored
Disliked{quote}-I would not try fundyourfx for the reasons previously stated. Trutraderfund is also not good, in my opinion. For me, the 1M account is the only thing worthwhile, but that requires flipping the account 3 times with only 1:3 leverage. It is doable, but it will be a grind, especially since you will have to wait a full month each time your account is upgraded (so 90 days minimum to reach the 1M account). Even if you are good enough (and patient enough) to do that, you will then have to hope that they pay out your profits when you are rocking...Ignored
DislikedE8 interesting stats, fastest phase 1, phase 2, and overall funding: {image}Ignored