Disliked{quote} They have a scale plan on it.....Every time you hit 20%, they increase account by 50% No Profit Target on it. I will use it to fund others. It is a quick way to know if they are legitIgnored
Looking forward to the launch.
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Disliked{quote} They have a scale plan on it.....Every time you hit 20%, they increase account by 50% No Profit Target on it. I will use it to fund others. It is a quick way to know if they are legitIgnored
Disliked{quote} Wow, they're really trying to outdo everyone. Sounds great on paper minus the relative DD. Looking forward to the launch.Ignored
Disliked{quote} Back to the 5%ers model, as this is similar, they are just trying to make it appear better. So, with the amount of pips you would need to generate 20% to scale 1.5, pretty sure we will have the same scenario....your personal account will be larger. Not sure why everyone is looking for greener grass when there are 2 very solid, reliable, verified payout prop firms with a reasonable target based on the fee, leverage and DD.Ignored
Disliked{quote} Fees and leverage No target Look at 5%ers They have profit target Their $6K account is expensive Their SL is 3% Leverage is 1:6 This company is greedy {image}Ignored
QuoteDislikedIn any account size, you must not have a drawdown of 5% or higher in a trading day (floating drawdown – calculated with equity, or balance, at any given time). This will be monitored closely and if violated will result in account suspension.
Drawdown % = [1 – (lowest equity or balance for the day) / (starting equity or balance for the day) ] X 100
Furthermore, you must not have a drawdown of 12% or higher overall throughout your pay period.
These two rules (5% and 12% drawdown) will be monitored closely and if violated will...
Disliked{quote} Can you put some light on this for me please ? I understood the daily drawdown part. They say the total drawdown for the entire pay period must not be more than 12%. This means if i have a drawdown of say 1% everyday after 12 days it will be 12%,so have i violated ? could someone put some light on this please.Ignored
Disliked{quote} If your initial balance is 100.000 and your equity or balance comes below 88.000 you have violated the total drawdown rule. So your example is correct. See this question and the answer: https://www.forexfactory.com/thread/...5#post13463795Ignored
Disliked{quote} Oh thanks for clarifying that . So all the prop firms expect you to take only trades that go straight into profit.What a design and model to lure noobs. Pathetic .Even GOD cant succeed with these model. We must appreciate those initially came up with this idea.Ignored
Disliked{quote} Oh thanks for clarifying that . So all the prop firms expect you to take only trades that go straight into profit.What a design and model to lure noobs. Pathetic .Even GOD cant succeed with these model. We must appreciate those initially came up with this idea.Ignored
DislikedErr. If I were you guys to those thinking of trying MFF challenge. To wait a bit, let them sort out their problems first. Why??? I still haven't gotten paid. It's a week now. I got an email from Ben 2 days ago and that was it. No follow up again after that. LOL. If I were you, hold your horses on this one for now. Stick with FTMOIgnored
DislikedWell, I am now openly asking them. WTF!!!??? (In a nice way) Well see what they say lol. Am sure they are just busy no worries here. Just saying service is bad right now guys. https://www.forexfactory.com/thread/...5#post13470915 I was eager to start a challenge. Not anymore. lolIgnored
Disliked{quote} Have you tried their telegram group chat? I'm there and it seems Ben and some other admins are pretty active and responsive there. Hell, it's like they're online and chatting 24/7.Ignored
DislikedFidel crest updated their conditions big time. https://fidelcrest.com/new-trading-p...ll+Retargeting What do think guys?Ignored
DislikedErr. If I were you guys to those thinking of trying MFF challenge. To wait a bit, let them sort out their problems first. Why??? I still haven't gotten paid. It's a week now. I got an email from Ben 2 days ago and that was it. No follow up again after that. LOL. If I were you, hold your horses on this one for now. Stick with FTMOIgnored