Here you are guys. IF THIS GUY CAN DO IT, SO CAN WE!
20 GRAND!!!

20 GRAND!!!



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Anyone trading with a Prop firm 6 replies
So I accepted a Prop Trading job in South Beach Miami 44 replies
prop firm new model - my trading journey 871 replies
DislikedI like the look of the Enfoid metrics page. Seems it's even more detailed and efficient than FTMO's. Still haven't seen anyone on FF or YouTube show any profit split payments .. Read from someone that Traders share proof on Enfoid's swingfish Discord channel... But it's their channel, I'd prefer to see something more public.Ignored
DislikedHere you are guys. IF THIS GUY CAN DO IT, SO CAN WE! 20 GRAND!!!{image}
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Disliked{quote} I hope you are good at trading 1:5 leverage accounts or whatever low leverage/low dd account they are offering.Ignored
Disliked{quote} Funding Talent's first payout is on the 2nd week of trading and they pay 10% of the profit to you. Sure you will get more to another account which will make profit later. So this guy started with the biggest $300k account and made more than $200k profit in 2 weeks with less than 5% daily and 10% all-time drawdown. I want to know that guy and I would let him trade my money with 50% drawdown and make 300% profit every 2 weeks.Ignored
Disliked{quote} Wait, are you sure that's profit from the Rapid 10% bonus account? I thought it was from the challenge type account with 80% profit split. Edit -.. Damn man you gave me a scare. It's not 10% of $200,000 profit. It's a challenge account. He made around 25-30k i believe and got 80% of his total profits.Ignored
Disliked{quote} This is a quote of someone who has no idea how leverage works. 1:5 is plenty. For example, I have 3 funded accounts w/ the5ers, all 40k each. in each account I can trade 2 full lots. If I pull off a handle, that can mean $2000 in a single trade, per account. I don't even go that high. With these companies its about staying alive long enough to make the money you are looking for. Its about growing an account. The first level doesn't even matter. A total of $120,000 at the5ers isn't going to change my life. However, if I take a couple of years...Ignored
Disliked{quote} We both agree on one thing, how they generate funds to pay profitable Traders is almost irrelevant to me so long as they pay. That applies to both 5ers and FTMO. But I think 5ers is the joke. Traders are being tricked into Funding themselves. This is strategic marketing where they throw around big account numbers/sizes but limit how much buying power you actually have, thereby invalidating the whole purpose of getting funded. If you're comfortable trading 2 lots max per trade on a $40,000 account, then why are you even spending your money...Ignored
Disliked{quote} When the fee is greater than the DD, put the "fee" in a personal account, you will exceed the "scaling" plan by stage 3. Despite the time pressure of challenge/ verification model, it's a way better deal. Example 5%ers....$875 for $800 in DD, FTMO....$640 for 10K in DD. The "scaling" models with the 4% DD offer absolutely no value to the trader. They are simply allowing you to fund your own account and then taking a piece of your profit for that "privilege".Ignored
Disliked@pipmaster77 I was little suspicious about your comment about prop firms with 4%DD and that it is more profitable to use fee and trade it in personal live account. So I decided to do proper calculations to convince myself. Here are the numbers (I hope I haven't made any mistakes). I'm using CTI $70K account as an example. Result = you were right, 2x growth plan is amazing marketing tool. I hope this will help others to make it easier to visualize the comparison between choosing this particular prop model and using fee in your own personal live account....Ignored
DislikedSince it is one of the most followed threads lately, even and mostly by "technical" users, I point it out here. Heavy week for Software updates in general: Windows 10: yet another update released. On this, among other things, a new feature is now integrated into the taskbar. Lots of data feeds, weather and other stuff. All in vain for me, since I already have something similar, integrated as standard on my system. It's just another major occupation of computer resources and data bandwidth. Deactivated with many difficulties. MT4: yesterday, Friday...Ignored
DislikedHello, Some pros and cons discussed. https://www.youtube.com/watch?v=VGuv8hBImOg ThanksIgnored
Disliked{quote} Exactly, this guy hit it on the nose.... I had done the numbers and the leverage they offer is a joke Why would I need a service like this on my end when I can do it with my money I am looking to sign up and I like FTMO, but their weekend "have to close" does not apply to my trading Anyone know a similar service like FTMO that allows weekend positions? ThanksIgnored
Disliked{quote} hello, do you know how regularly Metatrader updates their software ?Ignored
DislikedPeople, if that guy and a few others can do 20 grand so can we. Why not?? Actually, even 10 grand would still be OK for me. I could certainly do with the bucks!!I agree with Koop and Pipmaster77 that 5ers (and similar) are a waste of time. I think that Funding Talent are probably leading the pack right now because they have done away with the 10 day rule on Challenge accounts. Their other option (like MYff "Rapid account") is only good for pocket money because of the consistency rules. Obviously the challenge account is what that guy (above)...
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Disliked{quote} Exactly, this guy hit it on the nose.... I had done the numbers and the leverage they offer is a joke Why would I need a service like this on my end when I can do it with my money I am looking to sign up and I like FTMO, but their weekend "have to close" does not apply to my trading Anyone know a similar service like FTMO that allows weekend positions? ThanksIgnored