Prop Firm Hub

Quoting Capablanca

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{quote} That's the biggest challenge because a business model based on subscriptions fees to pay profits can be ruined by a couple of successful traders. Algorithms that separate the lucky trader from the winning trader is paramount in this business. Small and incumbent props have a more difficult life . They have much less data to work on and outliers can be a problem. FTMO or MFF are now sitting in a huge pile of data which makes their life easier.

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Quoting Capablanca

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{quote} I'm sure you know that FTMO has a swing account allowing trading news. You can't get around with just 1:30 leverage ? This is honest question, I'm usually only around 1:5, sometimes more (but not much more), sometimes less. That depends very much on the trading style, of course.

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Quoting Capablanca

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{quote} Difficult to say because there aren't audited stats but relying on MFF February stats it seems 31% pass phase 1 and 14% second phase. In December phase 1 was aprox the same but phase 2 was 18%. So, if this is true only about 4.5% to 5.5% get to funded. Then only 4% of new funded get to a profit split in the first month. Why does phase 2 has a lower pass rate ? Target is more than 2x the stop loss and there's more time...

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Quoting Fagin

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{quote} No it is not easy and they are designed to make you fail even if you have a decent strategy and are professional. Some days you just have bad runs, nothing you can do about it. If you get a dull string of trades you lose. IF you can afford to lose the cost of a challenge and have a very solid method/routine to trade with the account and keep it forever after you have passed then it's worth it. If not don't waste your money and believe in the hype... passing these challenges is just the start. It's a grind.

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Quoting oohoo

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Hello traders! Is anyone aware of prop firms, which have a trial mode? I could do paper trading or trial with any broker of course, but it would be better to do that with a prop firm directly to get familiarized with their requirements in quasi-real mode so to say. I haven't found such options with MFF, FTMO. Thank you in advance.

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Quoting inversio

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{quote} I think ftmo offers free trial saw in their home page, I'll check again and share links if still there.

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Quoting Basill

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Tentoptraders just went on line at 1/2 price. I've been trading with them on their free program. Passed the trial & almost completed the evaluation. No bells n whistles with this lot. Talking to Sam ceo. He told me they are trying to fly under the radar to avoid being swamped after the response to their free program.Very open & accommodating. Looking forward to see how they go. {image}

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Quoting Basill

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Tentoptraders just went on line at 1/2 price. I've been trading with them on their free program. Passed the trial & almost completed the evaluation. No bells n whistles with this lot. Talking to Sam ceo. He told me they are trying to fly under the radar to avoid being swamped after the response to their free program.Very open & accommodating. Looking forward to see how they go. {image}

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Quoting MoxFulder

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{quote} Tentoptraders uses static (or relative) drawdown, this is a definite no for me. I failed a Lux eval last year with relative drawdown eventhough my account never went below the initial balance, never again will I go with a firm that uses it. Static drawdown follows your high watermark. I will only do evals with absolute drawdown from initial balance, big difference. {image}

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Quoting MoxFulder

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{quote} Tentoptraders uses static (or relative) drawdown, this is a definite no for me. I failed a Lux eval last year with relative drawdown eventhough my account never went below the initial balance, never again will I go with a firm that uses it. Static drawdown follows your high watermark. I will only do evals with absolute drawdown from initial balance, big difference. {image}

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Quoting PayTheBid

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Can someone please explain me this cause I must be missing something. When you look at the 50k evaluation at TTT it indicates $170, but once you choose that option when you go to pay it indicates $490? Can someone that has signed up clear this for us Thanks {image} {image}

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Quoting PayTheBid

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Can someone please explain me this cause I must be missing something. When you look at the 50k evaluation at TTT it indicates $170, but once you choose that option when you go to pay it indicates $490? Can someone that has signed up clear this for us Thanks {image} {image}

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