At the moment, by far the single most important thing for you to understand really, really clearly is that people with the education, skill-set and experience enabling them to trade successfully for a living are NOT spending hundreds of hours making ...

Profitable Traders, how well are you doing?

I hope that belief works out ok for you. It’s not one I share, because I know that Trustpilot reviews are sold by the dozen by "internet marketing service companies" and that you can pay Trustpilot to get bad ones removed. I suspect you’ve done ...

tegasfx a very different propfirm

Funny how people with affiliate links never report problems, but so many other people do? Why do you think people who can trade profitably would be spending hundreds of hours making videos to put on Youtube promoting a prop firm that pays them ...

tegasfx a very different propfirm

No surprise there. That’s true of all your “systems”, because they’re not based on anything real: they’re just more-or-less random collections of indicator-based drivel. You don’t even understand the difference between an entry-method and a trading ...

My CCI master method 4 hour charts

Any user, not just a new user. Drawdown limits that trail open equity are as close to a "blatant scam" as you can get. There’s nothing in the real, live trading world that they mimic or duplicate or represent in any way. They’re designed purely to ...

Prop Firm Hub 2.0

For you, clearly - but I think it would be very far from "ok" for most people.

FTMO is becoming a scam (from 8th of December) !

Can you believe this? Noisy is giving prop-firm-usage lessons to Montygoldy - you couldn’t make it up!

Prop Firm Hub 2.0

Those two seem, by almost universal consensus, to be considered the best of the CFD ones. Reports of payout difficulties with them are few and far between (but not non-existent). But there are also a few people at Babypips who have abandoned 5%ers ...

Prop Firm Hub 2.0

But remember, also, that CFDs are not "forex" within that legal definition, because no currencies change hands between the client and the broker when CFDs are "traded", because a CFD broker is the client's counterparty (even if it's ECN/STP and ...

Prop Firm Hub 2.0

Really?!?! That’s astonishing!!!?

Prop Firm Hub 2.0

Thanks very much! I’m really amazed they don’t announce this on FTMO’s own site, and indeed that their map of accepted countries still shows the U.S. "blacked out"!

Prop Firm Hub 2.0

I got an email from 5%ers only today, announcing that they're open to US-residents and have a Youtube video giving details. I'm surprised to hear about FTMO. I just checked their website a moment ago and it still says "FTMO does not provide services ...

Prop Firm Hub 2.0

It’s open to US-residents, as far as I know? The US certainly isn’t still on their (recently updated) list of restricted countries.

Prop Firm Hub 2.0

If anyone’s interested, 5%ers have just announced that they now have cTrader available, as an alternative to MT5. (I’ve never tried them, but am on their mailing-list.)

Prop Firm Hub 2.0

That would help, for sure. I don’t know how it could be achieved, though. (One thing we don’t want is the CFTC or some equivalent deciding who can run a prop firm!!)

Prop Firm Hub 2.0

Hmm, yes, I do see what you mean - thanks.

Prop Firm Hub 2.0

Thanks, yes - I understand (I think). You’re treating a “funded account” (whether it’s actually funded at all, or not) of a nominal $100k with a $4 max drawdown like you’d treat an account with $4k of your own money. Which makes complete sense, of ...

Prop Firm Hub 2.0

This makes a lot of sense to me. I’ve always thought one way forward, with these things, is to start with a cheap one and use the proceeds from it to pay for more/bigger/better. It strikes me that to make the thing worth doing seriously, you have to ...

Prop Firm Hub 2.0

I wouldn’t want to trade anywhere near the maximum allowed, myself. 2 x MES, possibly 3 maximum, is plenty for me, for a nominally “$50k” account with $2k trailing drawdown. I think that’s right. Thank you. But the “NEVER any payout issues or ...

Prop Firm Hub 2.0

I’m sure this is right. And in the same way, there are people trading successfully without indicators at all, and others trading successfully with multi-indicator combinations. I’m too new to merit any input into what the thread “should” include: ...

Prop Firm Hub 2.0