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  • #8,141
  • May 24, 2022 4:09am May 24, 2022 4:09am
Quoting Capablanca
{quote} Congrats mate! I'm also running a E8 challenge phase 1 and I'm very interested in knowing how long between finishing phase 1 and getting credentials for phase 2. If you could keep us update about that it would be great. Thanks.
I started yesterday.

Finished today.



And will keep updated about phase 2 credentials.
Intraday only.
  • #8,142
  • May 24, 2022 5:46am May 24, 2022 5:46am
Just received my phase 2 credentials from E8 funding.

Will be starting fresh tomorrow.
Intraday only.
  • #8,143
  • May 24, 2022 7:01am May 24, 2022 7:01am
Quoting navk
It may be possible to set the risk / reward for small to day candle trend move by taking short or long. With near to full margin. For a small size account. If you loose..few dollars fee. If you win...10k account.
Exactly. I do not try to complete the 100K or 200K in 1-2 trades. However, I wanted to test TFF and the more I apply the math to the 1-2 trade approach the more it makes sense. One can literally risk $93 to make $1000 (10% DD of 10K). Of course, you must pass phase 2 as well. Once funded, fee is returned and let's say you take 1/2 your profit and buy whatever next challenge that affords. Essentially, your own scaling program with an initial risk of $93. This will be my approach with TFF. I want to see if this approach is faster than my normal "grind" through the challenges. In this manner, I do not need to touch any profits from any of my others accounts.
  • #8,144
  • May 24, 2022 7:54am May 24, 2022 7:54am
There is a secret.
Trade gbpusd in / at London open.
Look for pound news.
Calculate risk/reward and open trades
Intraday only.
  • #8,145
  • May 24, 2022 10:24am May 24, 2022 10:24am
Quoting Capablanca
{quote} Congrats mate! I'm also running a E8 challenge phase 1 and I'm very interested in knowing how long between finishing phase 1 and getting credentials for phase 2. If you could keep us update about that it would be great. Thanks.
The average time for phase 2 credentials for me was 6-8 hours. I think I passed phase one 3 different times.
Pride always comes before destruction.... -Proverbs 16:18
  • #8,146
  • May 24, 2022 10:47am May 24, 2022 10:47am
Quoting Expo33
{quote} The average time for phase 2 credentials for me was 6-8 hours. I think I passed phase one 3 different times.
lol. Had to shut down TFF today. 2 losers -4%. Trades both turned out beautiful in my other accounts, stops just too tight because of the higher position on TFF. You literally have 4-5 shots on phase 2 though, if you just risk 2% per.
  • #8,147
  • May 24, 2022 11:03am May 24, 2022 11:03am
Quoting pipmaster77
{quote} lol. Had to shut down TFF today. 2 losers -4%. Trades both turned out beautiful in my other accounts, stops just too tight because of the higher position on TFF. You literally have 4-5 shots on phase 2 though, if you just risk 2% per.
In this case is 2% of the account value which is roughly 20% of the DD
  • #8,148
  • May 24, 2022 11:04am May 24, 2022 11:04am
Quoting Capablanca
{quote} In this case is 2% of the account value which is roughly 20% of the DD
Exactly. Allows for 5 losses.
  • #8,149
  • May 24, 2022 2:20pm May 24, 2022 2:20pm
Short Update on FinoTrader: I initiated a CC chargeback and got my fees back. They are 100% scam, please be aware.

I have not lost hope that some prop firms are indeed legit and I'm just trying E8 funding, until now everything is great. They have good spreads and a nice dashboard. Also they are very quick with providing the credentials.

30 Minutes ago I bought their 250k account and just passed phase 1. I took higher risk than usual, but I will be reducing my position size for passing phase 2.
Attached Image (click to enlarge)
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  • #8,150
  • May 24, 2022 2:49pm May 24, 2022 2:49pm
Hearing mixed opinions regarding E8. Some are saying bad spreads/commissions, and others are saying good. Curious about this. Especially curious about how things are for Nasdaq, if anyone is willing to share. Thanks.
  • #8,151
  • May 24, 2022 3:13pm May 24, 2022 3:13pm
Quoting Nsak3y
Hearing mixed opinions regarding E8. Some are saying bad spreads/commissions, and others are saying good. Curious about this. Especially curious about how things are for Nasdaq, if anyone is willing to share. Thanks.
On forex spreads are pretty decent, as a posted here:
https://www.forexfactory.com/thread/...0#post14008960

For indexes the regular market is closed now so I'll post tomorrow when the session opens.
  • #8,152
  • May 24, 2022 5:55pm May 24, 2022 5:55pm
Is anyone here concerned that the address given on E8 Funding's website is a building that advertises "virtual addresses" and an "accommodation address service", and that they have no phone number, no staff names, etc.?

They don't look very real, do they? On even the most cursory and immediate "due diligence"?
  • #8,153
  • May 24, 2022 6:01pm May 24, 2022 6:01pm
Quoting Olarion1975
Short Update on FinoTrader: I initiated a CC chargeback and got my fees back. They are 100% scam, please be aware. I have not lost hope that some prop firms are indeed legit and I'm just trying E8 funding, until now everything is great. They have good spreads and a nice dashboard. Also they are very quick with providing the credentials. 30 Minutes ago I bought their 250k account and just passed phase 1. I took higher risk than usual, but I will be reducing my position size for passing phase 2. {image}
FinoTrader is like TraderCentral. You can't do martingale. You can't have more than 3 positions with 10 pips difference all kind of shit rules.
Same rule is for FundingNext you can't double position.
  • #8,154
  • May 24, 2022 6:12pm May 24, 2022 6:12pm
Quoting KarlKraus
Is anyone here concerned that the address given on E8 Funding's website is a building that advertises "virtual addresses" and an "accommodation address service", and that they have no phone number, no staff names, etc.? They don't look very real, do they? On even the most cursory and immediate "due diligence"?
Address has nothing to do with prop firm intent. Funding talent had 5* ratings, payed everyone out for 1 year without any issues, they had their own server but still went busted.
  • #8,155
  • Edited 6:34pm May 24, 2022 6:19pm | Edited 6:34pm
Quoting pipmaster77
{quote} lol. Had to shut down TFF today. 2 losers -4%. Trades both turned out beautiful in my other accounts, stops just too tight because of the higher position on TFF. You literally have 4-5 shots on phase 2 though, if you just risk 2% per.
I do a little under 2% per trade (1.8-1.85%), with commissions that puts me @ 2%. 2 losses and I'm done for day. I scale down & up position size with every win or loss based on current balance, 7 straight losses @ MFF & 6 @ FTMO and I blow up the account.

From Mar of last year to this month (15 months), using this method passed phase 1 @ both FTMO & MFF 13/15 months, 1 blown, 1 Free retry which passed next go round.

I dial it back to my system's historical max loss streak = -10% (FTMO) / -12% (MFF) in phase 2 (15/15 months passed). Live, I go with 1.5x my systems historical max loss streak = -10% (FTMO) / -12% (MFF). Never lost a live account (-9% in Feb when the war broke out, but recovered later that month)
  • #8,156
  • May 24, 2022 7:37pm May 24, 2022 7:37pm
hi guys,

I wanted to start e8 phase 2 trading today.

I tried to place a trade in gbpusd.

The trade box..there seems to be an issue.

Why this is coming like this ?

I could not place a trade.
Attached Image (click to enlarge)
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Intraday only.
  • #8,157
  • May 24, 2022 10:50pm May 24, 2022 10:50pm
Quoting Capablanca
For indexes the regular market is closed now so I'll post tomorrow when the session opens.
-Thanks. I appreciate it.

Quoting KarlKraus
Is anyone here concerned
-No. If they were a broker and I was depositing 6 figures, then sure, I would want assurances. But there is very little risk involved with these prop firms and bad news spreads very quickly.
  • #8,158
  • May 24, 2022 11:26pm May 24, 2022 11:26pm
Quoting navk
hi guys, I wanted to start e8 phase 2 trading today. I tried to place a trade in gbpusd. The trade box..there seems to be an issue. Why this is coming like this ? I could not place a trade. {image}
Maybe you have to go to "view" then "symbols" and activate the symbols that have the "e8" next to them so you will be using their personal server.
Pride always comes before destruction.... -Proverbs 16:18
  • #8,159
  • May 24, 2022 11:48pm May 24, 2022 11:48pm
Quoting Expo33
{quote} Maybe you have to go to "view" then "symbols" and activate the symbols that have the "e8" next to them so you will be using their personal server.
super.

working now.

Intraday only.
  • #8,160
  • May 25, 2022 12:00am May 25, 2022 12:00am
Quoting Expo33
{quote} Maybe you have to go to "view" then "symbols" and activate the symbols that have the "e8" next to them so you will be using their personal server.
And this iexposure indicator as well as All close EA / Risk management EA does not fit in.

what should i do ?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD.e8H4.png Size: 19 KB
Intraday only.
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