DislikedNavk , you are just a poor failed trader. You keep burning accounts: I bet you will lose this new account too within a few days. You keep complaining to Prop Firms , you don't accept the rules , you are undisciplined, you are a poor amateur. You've written over 13,000 posts : what's going on with you ? Verbal diarrhea ? But by now no FF serious member believes your words . If you don't accept the rules, don't use Prop Firms.Ignored
DislikedStop loss IS NOT A RULE. They give you the flexibility to use one or not use one as you wish. If they REQUIRED a stop loss, it would be a rule. MAX DAILY LOSS is a cut and dry rule, stop loss is up to you. Here is the deal......MFF does not require a stop loss UNLESS you are an all-in type of trader, .....DON'T BE ALL IN!!!!!!!!! Folks that are never all-in also don't ever seem to be posting about being scammed. I see 100% correlation with this.Ignored
2) You must not be “all-in” on your trades and violate from a single trade or single batch of trades
Any trader that violates draw-down, even eventually by using good trading practices, will always be violating with a single trade or a single batch of trades. So the question then becomes, what does 'all-in' actually mean for MFF? Does it mean using absolute maximum leverage to the point that no other positions can be opened, or, does it simply mean trading large lot sizes? If it's the latter, then there is a wide range of possibilities that could apply.
That being said, I certainly understand both sides. And while I agree, that it is their money, so their rules, I also think that we, as traders, should always advocate for better. If MFF can find alternative ways to ensure that their traders respect their capital without needing to withhold half of trader profits, then we should be willing to support that idea.
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