Disliked{quote} So if i make more than 10k cme will close my position? for what i read is 7%, i remember volatile 5 august 2024 that cme only allowed to close positionsIgnored
1
Featured US Prop Firms
- #46,489
- Jan 27, 2025 8:08am Jan 27, 2025 8:08am
- Joined Dec 2005 | Status: Com Member = Scammer | 5,408 Posts
- #46,492
- Jan 27, 2025 9:11am Jan 27, 2025 9:11am
- | Joined Oct 2023 | Status: Trader | 1,178 Posts
{quote} Naah, not needed that way. Futures is not for me.
- #46,493
- Jan 27, 2025 9:12am Jan 27, 2025 9:12am
{quote} you have a link to those threads ?
https://forums.babypips.com/t/mt5-gl...lem/1246179/10
https://forums.babypips.com/t/switch...p-firm/1247745
I'll post more when I find some. To be honest it's not easy to find them: if you use the obvious search-terms there are loads and loads listed and hard to read through all of them? I think the Nexusfi ones are probably in the Elite section (i.e. viewable only by paid members) anyway ... I just know I've read quite a few complaints about 5%ers over the last few months, which I definitely never used to at all!
- #46,494
- Edited 10:48am Jan 27, 2025 9:25am | Edited 10:48am
- | Joined Sep 2023 | Status: Trader | 928 Posts
{quote} Here are a couple to start your collection.
those were glitches with MT5 in the summer of last year , nothing about payout issues …every firm has technical isuues sooner or later
nothing to worry about as long as they handle those issues in a fair way...
{quote}
I like FREEDOM OF THINGS I CAN DO IN SOMETHING I OWN.
I don't want to stay tied in the name of privacy (apple thing) & in the name of no spread, raw price (futures thing)
In forex I can move stop loss whenever I want wherever I want.
In forex I can enter market order but later add a stop loss.
In futures there is no facility like that (have to use limit orders to place sl & tp)
In forex I can see the charts & place orders with lot of freedom in just one single platform.
In futures there is no facility like that (have to buy data feed & connect to some other platform & do trading in other platform etc)
- #46,496
- Jan 27, 2025 9:54am Jan 27, 2025 9:54am
- Joined Feb 2015 | Status: Trader | 2,476 Posts
Trade with confidence, trade without fear.
- #46,497
- Jan 27, 2025 10:04am Jan 27, 2025 10:04am
- Joined May 2012 | Status: Trader | 1,340 Posts
{quote} Here are a couple to start your collection.
We hope this email finds you well.
As part of our ongoing risk management process, we are conducting a detailed review of each trader's activity, including yours. After carefully evaluating your trading account, we observed that your approach may be considered aggressive.
In our commitment to supporting your growth as a more proficient and successful trader, we are introducing a strategic enhancement to your risk management protocol. This aligns with our belief that successful trading is a long-term endeavor, where disciplined risk management plays a key role. Our data has consistently shown that the most successful traders are those who prioritize a sound, sustainable strategy.
Starting today, we are implementing some risk guidelines on your account.
Below are the updated guidelines:
- Single Position Limit: The maximum allowable risk for any single position is 1% of your initial balance, If holding multiple entries on the same symbol, the cumulative risk must not exceed 1%.
- Reduced Leverage: We are adjusting your account leverage to 1:10 when the account is re-enabled for trading. The same margin requirements for different symbols keep applying.
- Cooling-Off Period: Should you incur a loss of 1% on a specific symbol, you must wait a minimum of one hour before opening a new trade on that symbol.
Failure to comply with the rules above will result in account termination.
It is important to note that the daily loss limit remains at 5%, and the overall drawdown limit remains at 10%.
By limiting your risk to 1% per trade, you are not only protecting your capital but also setting a foundation for more consistent, long-term growth.
This new guideline is not permanent. As you demonstrate consistent and strategic trading, we will revisit and potentially adjust your risk level over time.
We understand this adjustment may require changes to your current strategy, and we are here to provide guidance and support as you adapt. If these guidelines do not align with your trading approach, we are happy to offer a refund of your evaluation fee.
Before we proceed with re-enabling your funded account, we kindly ask that you confirm acceptance of these terms by replying to this email.
Should you have any questions or require further clarification, please don’t hesitate to reach out.
Thank you for choosing The5ers, and we wish you continued success.
Best regards,
The5ers Risk Management Team
- #46,499
- Jan 27, 2025 1:39pm Jan 27, 2025 1:39pm
- Joined Aug 2013 | Status: Trader | 4,902 Posts
Prop firm payout process 2025
Pride always comes before destruction.... -Proverbs 16:18