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  • #34,401
  • Edited 1:04pm Apr 8, 2024 12:40pm | Edited 1:04pm
Quoting Takisd
{quote} Its because its in the rules before you start. This is the mistake most of the discretionary rule firms are making. Sustainability comes from making it extremely hard from the get go but in a measurable sense. However, that wont buy you lambos.
The high stakes is just like MFF, FTMO, TFF,TFT, E8.......10% DD to make 8% in p1, 10% to make 5% in p2.
Only difference is you need 0.5% profit on atleast 3 trading days, that simple rule cannot be the difference. You can also only have 100K. Once you are live, they allow a 2nd 100K. Scaling is quicker as it is every 10% regardless of how long (no 3-4 month rule) and it is atleast 33% and sometimes 50% (not 25-30%).
Their other programs, hyper growth and bootcamp, absolutely suck, not sure if you are referring to those, but High Stakes I don't view as any different than the typical 2 stage eval.
  • #34,402
  • Apr 8, 2024 12:43pm Apr 8, 2024 12:43pm
Quoting pipmaster77
{quote} The high stakes is just like MFF, FTMO, TFF,TFT, E8.......10% DD to make 8% in p1, 10% to make 5% in p2. Only difference is you need 0.5% profit on atleast 3 trading days, that simple rule cannot be the difference. You can also only have 100K. Once you are live, they allow a 2nd 100K. Scaling is quicker as it is every 10% regardless of how long (no 3-4 month rule) and it is atleast 33% and sometimes 50% (not 25-30%). There other programs, hyper growth and bootcamp, absolutely suck, not sure if you are referring to those, but High Stakes...
The fine print rules to me are reason that makes it hard on the high stakes. I might go for them still just thinking that ACG might be a better bet right now but when this one is done i will move onto the next to test.

I know for a fact that there is 4 pips (DOW pips) slippage on every trade 10 lots and above if it is executed as a stop loss at fortraders. I dont use a tp but i will try to track the close slippage. This is not real slippage they are artificially increasing it. This type of artificial slippage is quite egregious but still possible to profit from and if someone over trades it adds up fast.
  • #34,403
  • Apr 8, 2024 12:47pm Apr 8, 2024 12:47pm
Quoting pipmaster77
{quote} The high stakes is just like MFF, FTMO, TFF,TFT, E8.......10% DD to make 8% in p1, 10% to make 5% in p2. Only difference is you need 0.5% profit on atleast 3 trading days, that simple rule cannot be the difference. You can also only have 100K. Once you are live, they allow a 2nd 100K. Scaling is quicker as it is every 10% regardless of how long (no 3-4 month rule) and it is atleast 33% and sometimes 50% (not 25-30%). There other programs, hyper growth and bootcamp, absolutely suck, not sure if you are referring to those, but High Stakes...
Alright, but it was not long ago that the 5ers even had no High Stakes program. Only after a lot of pressure from competitors they started this. And with more rules than usual. But there is still a thing that disturbs me a lot, that you cannot start with $500k right from the beginning. You can only buy one time this 100k High Stake, everything else as you said is useless. And even with 100k only it is pretty small what you can do. You need a long breath to have larger account here. Patience as a must is usually a killer in this prop game. So also for me. I need to be patient for my trade setups but I do not want to wait so many months to get out a meaningful.
  • #34,404
  • Apr 8, 2024 12:50pm Apr 8, 2024 12:50pm
Quoting Takisd
{quote} The fine print rules to me are reason that makes it hard on the high stakes. I might go for them still just thinking that ACG might be a better bet right now but when this one is done i will move onto the next to test. I know for a fact that there is 4 pips (DOW pips) slippage on every trade 10 lots and above if it is executed as a stop loss at fortraders. I dont use a tp but i will try to track the close slippage. This is not real slippage they are artificially increasing it. This type of artificial slippage is quite egregious but still...
Even Funded Peaks has artificial slippage. On EU I take no more than 10 lots at a time and I get slipped ALWAYS 3 to 5 points each side. So with entry and exit and 2 point spread and 2 point commission, I pay in average for 10 lots in and out, 1.2 pips or 12 points. On that liquid market on London session or even on the overlap in the afternoon, there is always that slippage. And it never can be from the market. You could enter with 5000 lots and would get less trading cost on EU. It disturbs me.
  • #34,405
  • Apr 8, 2024 1:03pm Apr 8, 2024 1:03pm
Quoting pipmaster77
{quote} The high stakes Once you are live, they allow a 2nd 100K. .
They only allow 1 100k and 1 5k, not sure why you'd bother with 5k if you're a 100k challenge buyer. FXIFY allow a 2nd account only after you are live with one.
  • #34,406
  • Apr 8, 2024 1:11pm Apr 8, 2024 1:11pm
Quoting TrAndy1
{quote} Alright, but it was not long ago that the 5ers even had no High Stakes program. Only after a lot of pressure from competitors they started this. And with more rules than usual. But there is still a thing that disturbs me a lot, that you cannot start with $500k right from the beginning. You can only buy one time this 100k High Stake, everything else as you said is useless. And even with 100k only it is pretty small what you can do. You need a long breath to have larger account here. Patience as a must is usually a killer in this prop game....
I believe that 100K cap is exactly why they have no payout issues......Sure, you want it done fast and then for what..... a denied payout? This is truly the issue, if these things were offered and traded a bit more reallistically than trying to make 7 figures in 6 months, we might have a more viable model and still offer the trader much better opp than a personal account.
  • #34,407
  • Apr 8, 2024 1:15pm Apr 8, 2024 1:15pm
Quoting rizla101
{quote} They only allow 1 100k and 1 5k, not sure why you'd bother with 5k if you're a 100k challenge buyer. FXIFY allow a 2nd account only after you are live with one.
The 5%ers will allow a 2nd 100K eval once you are live with 100K. It is only recently they have allowed it, not even sure if it is published anywhere.
  • #34,408
  • Apr 8, 2024 1:17pm Apr 8, 2024 1:17pm
Quoting pipmaster77
{quote} The 5%ers will allow a 2nd 100K eval once you are live with 100K. It is only recently they have allowed it, not even sure if it is published anywhere.
Did not know that. Then it is bettter. But the favorite in visitors are also Fundingpips with their 100k account, where you can also start another 100k once you are funded with them. But still I find it too strict, but you are right, that no payout issues is a lot worth. But for me I found the solution. I just diversify like hell. Will see.
  • #34,409
  • Apr 8, 2024 1:26pm Apr 8, 2024 1:26pm
Hate to sound like a shrill for the 5Ers, but the spread is 0 on majors and 0.2-0.5 even on crosses. There is no artificial slippage and they do not deny payouts......just sayin'
  • #34,410
  • Apr 8, 2024 1:31pm Apr 8, 2024 1:31pm
Quoting pipmaster77
{quote} The 5%ers will allow a 2nd 100K eval once you are live with 100K. It is only recently they have allowed it, not even sure if it is published anywhere.
You learn something everyday. I obviously didn't know that, website still states as I mentioned. I need to look into that, save me from seeking funding from some of these less stable firms.
  • #34,411
  • Apr 8, 2024 1:33pm Apr 8, 2024 1:33pm
Quoting pipmaster77
Hate to sound like a shrill for the 5Ers, but the spread is 0 on majors and 0.2-0.5 even on crosses. There is no artificial slippage and they do not deny payouts......just sayin'
is this why you get the special addional 100k account offer.
  • #34,412
  • Apr 8, 2024 1:42pm Apr 8, 2024 1:42pm
Quoting TrAndy1
{quote} . I just diversify like hell. Will see.
Which firms are the currently utilising then?
  • #34,413
  • Apr 8, 2024 1:42pm Apr 8, 2024 1:42pm
Quoting rizla101
{quote} is this why you get the special addional 100k account offer.
lol, it's in the discord, which is only available by invite after you are funded.
  • #34,414
  • Apr 8, 2024 1:51pm Apr 8, 2024 1:51pm
Quoting pipmaster77
{quote} lol, it's in the discord, which is only available by invite after you are funded.
Damn, that'll teach me for avoiding discord like the plague.
  • #34,415
  • Apr 8, 2024 1:54pm Apr 8, 2024 1:54pm
Quoting pipmaster77
Hate to sound like a shrill for the 5Ers, but the spread is 0 on majors and 0.2-0.5 even on crosses. There is no artificial slippage and they do not deny payouts......just sayin'
Much difference in spread between 1 lot and 10 lots for EUR/USD ?

If you obtain a second 100K account , can you take exact the same trades in both ?
  • #34,416
  • Apr 8, 2024 2:00pm Apr 8, 2024 2:00pm
Quoting rizla101
{quote} Damn, that'll teach me for avoiding discord like the plague.
oh, I avoid as well. I was only in there when the US/MT5 issues were occurring......was needing to stay updated. That's the other thing, their discord is not polluted like the others....perhaps because the invite only pops up when you're live.
  • #34,417
  • Apr 8, 2024 2:14pm Apr 8, 2024 2:14pm
Quoting pipmaster77
Hate to sound like a shrill for the 5Ers, but the spread is 0 on majors and 0.2-0.5 even on crosses. There is no artificial slippage and they do not deny payouts......just sayin'
You're right. Their forex has the best spreads for all pairs and their commission is amongst the lowest. Better than FTMO. And even better than Tickmill.
Screenshot right now. 3.16am here.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240409_031623.jpg Size: 654 KB
  • #34,418
  • Apr 8, 2024 2:16pm Apr 8, 2024 2:16pm
Quoting Stoneyrocks
{quote} Much difference in spread between 1 lot and 10 lots for EUR/USD ? If you obtain a second 100K account , can you take exact the same trades in both ?
1. Don't know as I trade very small
2. Yes
  • #34,419
  • Apr 8, 2024 2:27pm Apr 8, 2024 2:27pm
Quoting pipmaster77
I am happy to have moved on to futures.........
"You heard it here first …"
  • #34,420
  • Apr 8, 2024 2:27pm Apr 8, 2024 2:27pm
Quoting pipmaster77
Hate to sound like a shrill for the 5Ers, but the spread is 0 on majors and 0.2-0.5 even on crosses. There is no artificial slippage and they do not deny payouts......just sayin'
Didn't see the notice. Just got funded there, but I do see the 100k is available again.

I think the discord appears as soon as you buy a challenge and log into the dashboard. I got an invite again after passing, but looks to be the same discord server.
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