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  • #3,981
  • Sep 22, 2021 1:14am Sep 22, 2021 1:14am
Quoting navk
{quote} Look for evaluation model. Two stage model. MFF, FTMO are there. Mostly both provide same. Fee wise MFF is slightly cheaper. MFF charges 300 bucks for 50k and 500 bucks for 100k account. FTMO slighly expensive but offerings are almost similar to MFF.
Thank you very much for your advice, I will look at those two options. Could you tell me what the two stage evaluation model is?
  • #3,982
  • Sep 22, 2021 1:58am Sep 22, 2021 1:58am
Quoting jonander50
{quote} Thank you very much for your advice, I will look at those two options. Could you tell me what the two stage evaluation model is?
https://myforexfunds.com/accounts/evaluation/

https://ftmo.com/en/#objectives
Intraday only.
  • #3,983
  • Sep 22, 2021 9:37am Sep 22, 2021 9:37am
Remember this guy?

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TPT just did him dirty.
They impose max lot sizes for the first 3 months of trading your funded account after which they will review your trading then remove all position size restrictions.
All this while i thought they regulated it automatically like margin, and if you forgot and tried to trade above the limit the trade would be cancelled or wouldn't go through..but that's not the case.
according to what i just read, this was his 3rd month (last month of review before lot size restrictions are removed) and he mistakenly violated the restriction by trading above it.

Apparently, he was denied a payout of about $25,000 and his $400,000 trading account was deactivated.

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  • #3,984
  • Sep 22, 2021 9:41am Sep 22, 2021 9:41am
So, they have basically just let every trader know not to trade with them. Very good. Thanks for sharing.
  • #3,985
  • Sep 22, 2021 9:42am Sep 22, 2021 9:42am
Quoting Koop
Remember this guy? {image}{image}{image} TPT just did him dirty. They impose max lot sizes for the first 3 months of trading your funded account after which they will review your trading then remove all position size restrictions. All this while i thought they regulated it automatically like margin, and if you forgot and tried to trade above the limit the trade would be cancelled or wouldn't go through..but that's not the case. according to what i just read, this was his 3rd month (last month of review before lot size restrictions are removed) and...
and this is exactly how you can tell the difference between the companies that want you to fail vs. the ones that want you to succeed. The good companies warn you, some even several times, the bad ones hide the rules hoping you will violate.
  • #3,986
  • Sep 22, 2021 9:42am Sep 22, 2021 9:42am
Quoting Koop
Remember this guy? {image}{image}{image} TPT just did him dirty. They impose max lot sizes for the first 3 months of trading your funded account after which they will review your trading then remove all position size restrictions. All this while i thought they regulated it automatically like margin, and if you forgot and tried to trade above the limit the trade would be cancelled or wouldn't go through..but that's not the case. according to what i just read, this was his 3rd month (last month of review before lot size restrictions are removed) and...
You sent me to them.. SHAME... SHAME... SHAME
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  • #3,987
  • Sep 22, 2021 9:50am Sep 22, 2021 9:50am
Quoting Koop
Remember this guy? {image}{image}{image} TPT just did him dirty. They impose max lot sizes for the first 3 months of trading your funded account after which they will review your trading then remove all position size restrictions. All this while i thought they regulated it automatically like margin, and if you forgot and tried to trade above the limit the trade would be cancelled or wouldn't go through..but that's not the case. according to what i just read, this was his 3rd month (last month of review before lot size restrictions are removed) and...
These is really childish..... because of these FTMO and now MFF are in top of the game, realy sorry to here these!
P.S: I think firms like these need to bee marked with red on 1st post.
  • #3,988
  • Sep 22, 2021 9:58am Sep 22, 2021 9:58am
Quoting Takisd
{quote} You sent me to them.. SHAME... SHAME... SHAME {image}
Lol You were willing to sacrifice yourself for our cause Tak..... i just handed you the sacred blade.
  • #3,989
  • Sep 22, 2021 12:52pm Sep 22, 2021 12:52pm
Quoting pipmaster77
{quote} Keep in mind, as this is one of the BIGGEST benefits of prop firms, when you say "to allocate funds elsewhere is worth much more than the 10-20% they charge." I simply view this as a premium I pay (kind of like insurance) to NEVER have any of my own money at risk. Remember, your entire risk is your initial fee, which is refunded with your first split, so you have ZERO of your own money at risk. Black sawn event, broker goes belly up, etc., although rare and unlikely, you lose all the money in the account. Not saying one or the other is better,...
Well put pipmaster77. Exactly what I was sharing with a colleague of mine. Small cost to pay for more freedom of choice AND less risk.

Started my first challenge this week, already. 100k swing. Had too much fun risking high once I had some room after a good winning run, that I continued high risk scalping even after having reached the profit target. Took me a couple hours to realize that it was over. I am so used to risking 0.1-0.5% per trade, so this surprisingly caught me by surprise. I had not felt adrenaline like that in a while ! FUN!

I guess that now I can just open a tiny trade per day for the remaining 8 days, if I am not mistaken.

No way these conditions remain, they are too good, for now. Execution, costs, everything.. all incredible... Too good to be true.. I had a stop get hit in all my other accounts, except FTMO, 1 point away! Lucky firsts ?

Guys, I have to hear it from you, not FTMO: is it really true that the funded account's trading conditions are identical in every way to the challenge/evaluation ?

Anybody here has been or is close to being scaled ?
  • #3,990
  • Sep 22, 2021 12:52pm Sep 22, 2021 12:52pm
MFF removing hedging rule and trading days to 5 from 10...

Whos got some ID's I can gamble some accounts on? I'm already full up.
  • #3,991
  • Sep 22, 2021 12:53pm Sep 22, 2021 12:53pm
Quoting leosfx
{quote} Well put pipmaster77. Exactly what I was sharing with a colleague of mine. Small cost to pay for more freedom of choice AND less risk. Started my first challenge this week, already. 100k swing. Had too much fun risking high once I had some room after a good winning run, that I continued high risk scalping even after having reached the profit target. Took me a couple hours to realize that it was over. I am so used to risking 0.1-0.5% per trade, so this surprisingly caught me by surprise. I had not felt adrenaline like that in a while ! FUN!...

FTMO's live account is a demo account, at least they say that. They trade copy to liquidity apparently. If you read their terms its in there somewhere. So yes the conditions are the same.
  • #3,992
  • Sep 22, 2021 12:55pm Sep 22, 2021 12:55pm
Quoting Takisd
MFF removing hedging rule and trading days to 5 from 10... Whos got some ID's I can gamble some accounts on? I'm already full up.
I know right? Wonder if one can use another person from the same address, spouse, relative, etc.
Trade with confidence, trade without fear.
  • #3,993
  • Sep 22, 2021 1:26pm Sep 22, 2021 1:26pm
Third MFF eval account completed.

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Trade with confidence, trade without fear.
  • #3,994
  • Sep 22, 2021 1:27pm Sep 22, 2021 1:27pm
Quoting Cryptosurf
Third MFF eval account completed. {image}

Wish my equity chart was as smooth as yours. Mine looks like an autistic panda on meth with a skateboard.
  • #3,995
  • Sep 22, 2021 1:44pm Sep 22, 2021 1:44pm
Quoting Takisd
{quote} Wish my equity chart was as smooth as yours. Mine looks like an autistic panda on meth with a skateboard.
Yeah that dashboard seems a bit misleading. It was far from smooth.


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Trade with confidence, trade without fear.
  • #3,996
  • Sep 22, 2021 2:06pm Sep 22, 2021 2:06pm
Quoting Cryptosurf
{quote} Yeah that dashboard seems a bit misleading. It was far from smooth. {image}
Damn man, If you finish this one, that would be a total of $600k already at MFF? Within a month?

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Kudos!

Keep the motivation coming boys!!
  • #3,997
  • Sep 22, 2021 2:25pm Sep 22, 2021 2:25pm
Quoting Koop
{quote} Damn man, If you finish this one, that would be a total of $600k already at MFF? Within a month? {image} Kudos! Keep the motivation coming boys!!

Yeah, pretty easy and achievable trading just indices. Every day there’s plenty of volatility to take money from.
Trade with confidence, trade without fear.
  • #3,998
  • Sep 22, 2021 2:32pm Sep 22, 2021 2:32pm
Quoting Cryptosurf
Third MFF eval account completed. {image}
As soon as you do it for the 3d time look's like you have master it congratulaion honestly from my side friend
  • #3,999
  • Sep 22, 2021 7:39pm Sep 22, 2021 7:39pm
Quoting Takisd
MFF removing hedging rule and trading days to 5 from 10... Whos got some ID's I can gamble some accounts on? I'm already full up.
Hey Takisd - is this from the discord channel ? - I am never able to login to it - just tells me invite not accepted ??. No problem logging in to my back office/dashboard. Weird.

thanks
maahome
  • #4,000
  • Sep 22, 2021 8:04pm Sep 22, 2021 8:04pm
Quoting maahome
Hey Takisd - is this from the discord channel ? - I am never able to login to it - just tells me invite not accepted ??. No problem logging in to my back office/dashboard. Weird. thanks maahome
-Try this:
https://discord.gg/r9rxR5vKN7

Also, news is available on their blog page here:
https://myforexfunds.com/evaluation-...-announcement/
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