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prop firm new model - my trading journey

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  • Post #581
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  • Nov 30, 2020 9:08am Nov 30, 2020 9:08am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting Mtinifx
Disliked
{quote} Oh good. Well done But your payouts have all been very small right? I might try again but Brokewaplan's experience was a bit disturbing.
Ignored
Also, since you like to scale in. Try trading on US2000 on ICMarkets during NY Pit session. Probability of a blow out with a $100k account is very low. Since 1 lot on US2000 with ICMarkets is only $1 with a 10 pips SL. Give it a try
Be like water go with the flow
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  • Post #582
  • Quote
  • Edited 10:50am Nov 30, 2020 10:40am | Edited 10:50am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
If I were you bro, don't go with MFF anymore. After almost 4 months of trading with them. It's beginning to feel, payout is so small compared to the efforts being taken. I really hate it for example today. Profit target is already hit but I'm forced to trade more. Result... I ended up loosing some of the profits I made since I'm forcing a trade just to be within their parameters. Can't take the day off early like I used to do... That kind of stuff....

Just go with FTMO. Once you pass, you have more freedom. Even if you only want to trade 1x in a month. No hassle, no stress.
Be like water go with the flow
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  • Post #583
  • Quote
  • Dec 1, 2020 7:52am Dec 1, 2020 7:52am
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
Quoting maflip
Disliked
If I were you bro, don't go with MFF anymore. After almost 4 months of trading with them. It's beginning to feel, payout is so small compared to the efforts being taken. I really hate it for example today. Profit target is already hit but I'm forced to trade more. Result... I ended up loosing some of the profits I made since I'm forcing a trade just to be within their parameters. Can't take the day off early like I used to do... That kind of stuff.... Just go with FTMO. Once you pass, you have more freedom. Even if you only want to trade 1x in a...
Ignored
Hi bro

Thanks for that - still considering. But if they give me a good deal again I might try one more time. The consistency rule is a bummer no doubt about it.
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  • Post #584
  • Quote
  • Dec 2, 2020 2:18am Dec 2, 2020 2:18am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting Mtinifx
Disliked
{quote} Hi bro Thanks for that - still considering. But if they give me a good deal again I might try one more time. The consistency rule is a bummer no doubt about it.
Ignored
MFF is NOT WORTH IT bro. At least in my opinion now. The consistency rule is a hindrance. Although workable. But lately, I have been spending more time adhering to the consistency rule than focusing on making money. It's simple, market is NOT CONSISTENT, it's NOT RANDOM but NOT CONSISTENT. We all know there are good days and bad days. (Trending, and side ways market) On a bad day we may have to trade more just to hit profit target as long as we abide by the daily loss rule. And on a good day, one to two trades maybe enough and we are finish for the day. Any good trader knows this to be true. A good trader will adopt to changing market condition.

Again, it's workable but the consistency rule is a hindrance. Low payout and a hindrance... It's not worth it in my opinion. Just go with FTMO bro.
Be like water go with the flow
 
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  • Post #585
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  • Dec 2, 2020 2:27am Dec 2, 2020 2:27am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Watch this video about Forextips101, it's the same model as MFF. My opinion with MFF and Ftips is similar to this guy and I agree. Low payout and lots of annoyance. Go with FTMO

Inserted Video
Be like water go with the flow
 
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  • Post #586
  • Quote
  • Dec 2, 2020 2:45am Dec 2, 2020 2:45am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting maflip
Disliked
Watch this video about Forextips101, it's the same model as MFF. My opinion with MFF and Ftips is similar to this guy and I agree. Low payout and lots of annoyance. Go with FTMO https://www.youtube.com/watch?v=3bPg...radeConnectVVS
Ignored
Lol Oh, i can post here again

I was just about to share this video. I've said it too many times already, These biweekly guys are a waste of time and effort. The consistency rule is there to keep your profits low... You make good profits and then lose it because of forceful overtrading to respect consistency... You have a bad day with bad losses but you have to take more trades to respect consistency. Pay outs will always be low and how long before you get your 15k real account?

Waste of time. I don't know what voodoo they have done to Mtini that won't let him see the truth.

It seems anyone settling for these guys has not been able to pass FTMO so they just choose to "manage" this thing because (there is no challenge lol)

MA flip is right. Put in effort into passing FTMO or 5ers or something else and stop wasting time here.
 
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  • Post #587
  • Quote
  • Dec 2, 2020 3:26am Dec 2, 2020 3:26am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting Koop
Disliked
{quote} Lol Oh, i can post here again I was just about to share this video. I've said it too many times already, These biweekly guys are a waste of time and effort. The consistency rule is there to keep your profits low... You make good profits and then lose it because of forceful overtrading to respect consistency... You have a bad day with bad losses but you have to take more trades to respect consistency. Pay outs will always be low and how long before you get your 15k real account? Waste of time. I don't know what voodoo they have done...
Ignored
Mtini should be able to pass FTMO now. I have given him my top secret style of trading ah hah hah. (Trend and counter trend) He caannn dooo ittt. Specially, with DAX there are almost always some kind of reversal even on a trend as long as he knows the reversal areas. This I have shown him. It's so easy.

Mtini can pass it now. Just watch lol.
Be like water go with the flow
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  • Post #588
  • Quote
  • Dec 2, 2020 6:48am Dec 2, 2020 6:48am
  •  rtkwar
  • | Joined Mar 2013 | Status: Member | 189 Posts
If traders very professional why they started with mmf? Why not just go with ftmo?
Mmf rules clear they not ask traders to trade 5 days all they want just 3 days . If trader can't just trade 3 days with average lot / or * 2 then not mmf problem but that show traders don't have stable routine or plan . As the5ers CEO said: i take trading as job i just take 15 pips as my target or lose then i end for the day.
The fact most traders who complain just want go and gambling and they expect to make thousands as bonus and i can say they not going to survive even with ftmo at long-term, and mmf just give 10% as performance bonus but real idea is get and trade real account not trade for getting bonus .
I see most complains more about small payout and use consistency as excuse . So if someone want huge payout not go with mmf or forextips because that module not for traders who looking for fast rich or high payout . Or traders want to take selfie and record youtube channel that how they get 1000000$ from ftmo ,And profit share rules already there so if someone don't like their rules no one forced you to join.

Last thing: i don't see anything wrong if someone can't pass ftmo challenge and want to choose other firm suitable for him because anyone with brain know to pass ftmo challenge need luck because if pass ftmo so easy as some claims they can open their own accounts and double it every month. Because ftmo same idea max loss 10k and want trader make other 10k in 30 calendar day.
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  • Post #589
  • Quote
  • Dec 2, 2020 7:22am Dec 2, 2020 7:22am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting rtkwar
Disliked
If traders very professional why they started with mmf? Why not just go with ftmo? Mmf rules clear they not ask traders to trade 5 days all they want just 3 days . If trader can't just trade 3 days with average lot / or * 2 then not mmf problem but that show traders don't have stable routine or plan . As the5ers CEO said: i take trading as job i just take 15 pips as my target or lose then i end for the day. The fact most traders who complain just want go and gambling and they expect to make thousands as bonus and i can say they not going to survive...
Ignored
Its like a lollipop sometimes you just wanna lick it.

Get a grip, My suggestion to you is just go and whack it.
Be like water go with the flow
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  • Post #590
  • Quote
  • Dec 2, 2020 7:22am Dec 2, 2020 7:22am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting rtkwar
Disliked
to pass ftmo challenge need luck because if pass ftmo so easy as some claims they can open their own accounts and double it every month. Because ftmo same idea max loss 10k and want trader make other 10k in 30 calendar day.
Ignored
I'm not sure you have any idea what you're talking about. The fact that you can't do it does not mean others who are able to hit that 10% a month are lucky.
MFF guys who collect pay outs of $700 in 2 weeks means they made about $7000 in just two weeks and some are able to do it consistently, so why do you think 10% in one month is Luck? Guys that average in or scale in can make 10% in one day or 2... Don't force your beliefs on any one. Just share your opinion.

Lastly, You have a 100k and you have to make 10K in 30 days.... 10k max loss does not mean you have a 10k account and you have to double it, You are wrong.

you can't buy 50k lots on a 10k account with 1:100 leverage. but you can do that on the 100k account.

By giving you a 100k account and 10k max loss limit, they are giving you big buying power and reducing your potential loss. The big buying power is the benefit.

It's okay if you want to choose MFF if FTMO seems too difficult, all i'm saying is don't give up on better opportunities just because they SEEM harder. Nothing good comes easy.

you make 3000$ in two weeks with MFF and another 3000$ in two weeks. total payment for that month is = $300 + $600 = $900

lets say you make the same amount with FTMO - in first two weeks you make $3000 and you fall sick and can't trade for remaining 2 weeks... so you make only $3000 that month .. 70% of 3000 = $2100.

you make $2100 profit in only two weeks with FTMO and it is still better than $900 from MFF in one whole month which they could deny you because of inconsistency.


spend time tweaking your strategy on the free trials so you can build the confidence you need. That's what i do.
 
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  • Post #591
  • Quote
  • Dec 2, 2020 7:40am Dec 2, 2020 7:40am
  •  rtkwar
  • | Joined Mar 2013 | Status: Member | 189 Posts
Quoting maflip
Disliked
{quote} Its like a lollipop sometimes you just wanna lick it. Get a grip, My suggestion to you is just go and whack it.
Ignored
Sorry if you used to lick lollipop doesn't mean all men do the same like you or maybe you not male lol . And why you so sad and disappointed? Did i said something wrong? Personally i believe You have an ethical problem because you said by yourself you just said you made enough money from mmf for join to ftmo. So now you don't like mmf lol. Don't worry you will not last long with ftmo or mmf.
By the way. All i said if someone expect high payout from mmf then that's not module for him. I am sorry if you care about lollipop more than understand what i write.
 
 
  • Post #592
  • Quote
  • Dec 2, 2020 7:48am Dec 2, 2020 7:48am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting rtkwar
Disliked
{quote} Sorry if you used to lick lollipop doesn't mean all men do the same like you or maybe you not male lol . And why you so sad and disappointed? Did i said something wrong? Personally i believe You have an ethical problem because you said by yourself you just said you made enough money from mmf for join to ftmo. So now you don't like mmf lol. Don't worry you will not last long with ftmo or mmf. By the way. All i said if someone expect high payout from mmf then that's not module for him. I am sorry if you care about lollipop more than understand...
Ignored
You did not say anything wrong. You are just a funny guy. Like a Cinderella all of the sudden coming out and wanting the lime light.

Listen, how many licks does it take to get to the center of a Tootsie roll bar? Don't over think it.
Be like water go with the flow
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  • Post #593
  • Quote
  • Dec 2, 2020 7:48am Dec 2, 2020 7:48am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting rtkwar
Disliked
{quote} Sorry if you used to lick lollipop doesn't mean all men do the same like you or maybe you not male lol . And why you so sad and disappointed? Did i said something wrong? Personally i believe You have an ethical problem because you said by yourself you just said you made enough money from mmf for join to ftmo. So now you don't like mmf lol. Don't worry you will not last long with ftmo or mmf. By the way. All i said if someone expect high payout from mmf then that's not module for him. I am sorry if you care about lollipop more than understand...
Ignored
haha WTF is going on
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  • Post #594
  • Quote
  • Dec 2, 2020 7:50am Dec 2, 2020 7:50am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting Koop
Disliked
{quote} hahaha WTF is going on
Ignored
My thoughts exactly. I told him to relax and just wack it off. I don't think he understands.
Be like water go with the flow
1
 
  • Post #595
  • Quote
  • Dec 2, 2020 7:50am Dec 2, 2020 7:50am
  •  rtkwar
  • | Joined Mar 2013 | Status: Member | 189 Posts
Quoting Koop
Disliked
{quote} I'm not sure you have any idea what you're talking about. The fact that you can't do it does not mean others who are able to hit that 10% a month are lucky. MFF guys who collect pay outs of $700 in 2 weeks means they made about $7000 in just two weeks and some are able to do it consistently, so why do you think 10% in one month is Luck? Guys that average in or scale in can make 10% in one day or 2... Don't force your beliefs on any one. Just share your opinion. Lastly, You have a 100k and you have to make 10K in 30 days.... 10k max loss...
Ignored
Don't worry i know what i talking about. And again it's depending on luck and again it's not 10% it's 100% and yes max loss is your real account size . If you are good and it's easy to you. I see you from Nigeria so why not open account with high leverage and double it every 20 days . since as you said it's so easy and luck not exist?
Yes ftmo pay more if you pass but also you lose money if you not pass. Other point is who told you traders who making 7000$ with mmf professional? You asked yourself how much they risk to do that?

So my point of view is valid if you still thinking and want to believe ftmo really give you 100k account and it's 10% not 100% then ok you believe what you want. Anyone can do math by himself
 
 
  • Post #596
  • Quote
  • Dec 2, 2020 7:53am Dec 2, 2020 7:53am
  •  rtkwar
  • | Joined Mar 2013 | Status: Member | 189 Posts
Quoting maflip
Disliked
{quote} My thoughts exactly. I told him to relax and just wack it off. I don't think he understands.
Ignored
Of course you off. You simply can't reply in properly and professional way because you don't have anything to say . Mars waiting you
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  • Post #597
  • Quote
  • Dec 2, 2020 7:56am Dec 2, 2020 7:56am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting rtkwar
Disliked
{quote} Of course you off. You simply can't reply in properly and professional way because you don't have anything to say . Mars waiting you
Ignored
Just whack it off bud just whack it off. Listen, I got nothing good to say to you. Or explain anything in any manner. There is no point.

All I can say is, just chill. If you can't chill. Just whack it off. Get all the tension out.
Be like water go with the flow
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  • Post #598
  • Quote
  • Dec 2, 2020 7:59am Dec 2, 2020 7:59am
  •  rtkwar
  • | Joined Mar 2013 | Status: Member | 189 Posts
Quoting maflip
Disliked
{quote} Just whack it off bud just whack it off. Listen, I got nothing good to say to you. Or explain anything in any manner. There is no point. All I can say is, just chill. If you can't chill. Just whack it off. Get all the tension out.
Ignored
Anyway i wasn't talking with you in first i post for mature and professional traders who can understand my post not for immature traders. Good luck with lollipops
1
 
  • Post #599
  • Quote
  • Dec 2, 2020 8:01am Dec 2, 2020 8:01am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting rtkwar
Disliked
{quote} Don't worry i know what i talking about. And again it's depending on luck and again it's not 10% it's 100% and yes max loss is your real account size . If you are good and it's easy to you. I see you from Nigeria so why not open account with high leverage and double it every 20 days . since as you said it's so easy and luck not exist? Yes ftmo pay more if you pass but also you lose money if you not pass. Other point is who told you traders who making 7000$ with mmf professional? You asked yourself how much they risk to do that? So my point...
Ignored
Ok you know what you are talking about. Good for you. There is some improvement here. Sure sure, we got you. Very smart comments. Good job. Yes. Yes.. We believe you. Ok... Feeling better???? Alriggghhhtttt.
Be like water go with the flow
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  • Post #600
  • Quote
  • Dec 2, 2020 8:02am Dec 2, 2020 8:02am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,486 Posts
Quoting rtkwar
Disliked
{quote} Anyway i wasn't talking with you in first i post for mature and professional traders who can understand my post not for immature traders. Good luck with lollipops
Ignored
Yes, yes, very mature guy. Good good. Ok.... Gotchaaaa
Be like water go with the flow
1
 
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