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- sampat replied Jun 1, 2023
url Only prop firm which is transparent about all payouts. I saw one 2$ payout
Prop Firm HubMyFF and FTMO have done monthly summaries in past but they stopped. MyFF does weekly top 5 payouts on regular basis
- sampat replied May 31, 2023
My personal opinion 10K accounts defeats purpose of trading prop firms if you are trading from first world country where currency value is high like euro, dollar, pound etc. Why not just take 500$ and flip account. The reason people go for prop ...
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- sampat replied May 31, 2023
Agree only caveat is it is still expensive or equals cost of standard 100K challenge, also passing 10 challenge is very tiring
Prop Firm Hubas compared to passing 1.
- sampat replied May 27, 2023
Agree but those who apply maths or know trading will avoid phase 1 as almost all of them have relative drawdown. Even if it has only 100% target instead of 200% I still think 1 phase challenge is inferior to 2 phase. I even rate phase 1 below direct ...
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- sampat replied May 27, 2023
Agree but for gambling it does make difference for example Lets say Phase one challenge is having standard 5% overall drawdown and 10% target and if I trade 50 lots of GU I need only 20 pips target and 10 pips to wash out Imagine same trader is ...
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- sampat replied May 27, 2023
Again that depends on trading style. Probability of passing 1 step challenge is higher than 2 step for high lot trader. For example If I trade really big lot like 40-50 lots on a forex pair even though it is 200% gain probability is way higher in 1 ...
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- sampat replied May 27, 2023
Actually massive discount is also a trap. I will be more worried if they give discount on 100K or above. I remember funding talent also gave discount when they are about to go busted. Any prop firm be it FTMO or MyFF have casino model, moment ...
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- sampat replied May 25, 2023
The Funded Trader Plus as it is older firm with more history.
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- sampat replied May 24, 2023
My Funded Fx as it does not have relative drawdown on phase 2, The Funded Trader Plus is having relative drawdown on all challenges.
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- sampat replied May 24, 2023
It is casino model
Prop Firm Hubotherwise how one always gets slippage on stops, limit or market order. I have not seen any positive slippage on forex (i have seen on indices but it is common on indices as it moves fast)
- sampat replied May 24, 2023
I think eightcap is not bad but they offer some configuration which allows prop firms to add slippage. I have traded with Blueberry markets which is essentially eightcap but their spread and execution is awesome.
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- sampat replied May 24, 2023
Own setup comes with a cost, Funding talent migrated to own server leads to disaster. I am having hard time understanding why it is difficult to migrate when they can pay literally thousands of dollars in payouts (look at their leaderboard) why to ...
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- sampat replied May 24, 2023
Compared to MyFF and FTMO it is crap. Both in terms execution or cost...You name any parameter.
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- sampat replied May 22, 2023
Only if you trade forex otherwise indices are twice the spreads of normal brokers plus slippage plus commissions....
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- sampat replied May 22, 2023
Scaling is like E8 (once target of 10% achieved). On E8 they leave what ever profit for example on 100K if you make 5K profit new balance will be 105K where as on 5ers it will be increased when 110K achieved.
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- sampat replied May 22, 2023
Unless some one is trading news (which is not allowed buy stop and sell stop), 3 trading days with 0.5% is not a big deal. Even with swing trade spanning different days it is risky as it is equity based drawdown.
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