I asked them about that since my lot size varies based on volatility. They said its ok as long as it's not drastic change. However, what they say now can change when you go actual trading... Regards the live account funding. This is what they say on ...

prop firm new model - my trading journey

Correction to this. I may have misunderstood their rule#7. For reaching 10% profit on a $10,000 simulation, may not be $1000 deposited to a real account but just 10% of that, if so $100. Making 10% on a $100 real account even 50% split is too small ...

prop firm new model - my trading journey

So I got a reply from chat support. The 50-80% payout you will get it if you reach 10% percent profit target and with no time limit. However, you will have to wait 3 months before you will be in this program even if you reach the 10% in 10 days. For ...

prop firm new model - my trading journey

Yeah I was asking them how to be in funded account which gives 50-80% payout, the 10% payout is not worth my time. Kinda unclear right now. They haven't replied yet. It's been hours now. Also, their website is too slow.

prop firm new model - my trading journey

Ei bro, myforexfunds.com this one mentioned by hello966 seems a good deal. No challenge you earn right away. I'm trying to find out how much is the percentage cut. Their website is slow I'm still waiting for it to load. Have you talked to them yet? ...

prop firm new model - my trading journey

So they start you with $13,000 balance but with a limited lot size of .65 lot? Do you know .65 lot is just $168.13 margin on GU? Sign up with them, let me know how you do? All that growth schedule means nothing. Just look at the margin limit they ...

prop firm new model - my trading journey

Good luck. Me still testing on free trial with FTMO. Hoping to pass it this week....

prop firm new model - my trading journey

Yeah don't do it. It's a very bad deal. $52,000 account with a $520 Max draw down? If that was FTMO max draw down would be $5,200. People who signs up for this deserved to be scammed. There are suckers born everyday I guess. And yes max loss is real ...

prop firm new model - my trading journey

hah hah you make it sound like this is a Ponzi scheme. Well, it's not scam as long as people gets paid their profits. Still many challenge failers out there so no need to worry hah hah Me I'm one of those trying the ...

FTMO - For serious traders

I took a quick peek at the5%ers. Here it is, for $550 you get funded (AKA $52,000 buying power). Maximum loss allowed $520.... There is a lot size limit similar to trading a $500 account. This $52,000 buying power is for the naive people only ...

prop firm new model - my trading journey

Crap +10 and then BE. Hit at BE again . Ignore that long setup there. This pair is still on bear mode. Now I wait after Pit session. But dunno maybe wifey might really pull me to watch the movie now lol.

prop firm new model - my trading journey

I was able to add an extra $100 to this challenge. I was gunning for more but the half got hit at BE. I am in again. Stop at BE again. Risk reward originally 5:1. GO GJ GO GO GO Go down babeeee However, that's a possible triple top. Possible ...

prop firm new model - my trading journey

Here you go bro. My day 4 of 2nd time FTMO free trial. Did not do that good today as I got one stop out after London session. No more trading as wifey wants to watch Train to Busan 2 later . Yesterday was pretty bad too. My hit rate went down ...

prop firm new model - my trading journey

Yeah exactly, that consistency rule is too broad. Are they saying if you trade 1 lot you should stick to 1 lot always? Or, if you trade during US Session this week, then all of the sudden next week you trade during Asian session is that a ...

prop firm new model - my trading journey

I checked it. Not very good. I saw the rules. They have long list of rules. This rule can easily be an excuse to disqualify you. Smells like Fidelcrest which is a scammer. FTMO is still better with simple rules just follow daily loss limit, no ...

prop firm new model - my trading journey

Thanks for the advice. But it's not a problem. My system, I've been trading it for years. So it's already been proven. Never changed since. I'm taking the free trial just to make sure. I'm too cautious Like my spread issue ...

prop firm new model - my trading journey

Also, if you like scaling in. Take a look at Russell 2000. It doesn't move as much, there is almost always a reversal there. But be careful, sometimes it trends hard too. But rare...

prop firm new model - my trading journey

Me I'm going to try passing free trial 6x before taking the real challenge. I don't wan't to waste money, I want to be sure before I do it. So far day 2 is doing alright. My trailing stop EA just messed up exited a trade too early. This should ...

prop firm new model - my trading journey

Ah dang.... My recommend.... Pass FTMO free trial 3 times it will be similar to passing the real challenge. 2x Free trial = 30 days same as challenge and profit target. Pass it 3rd time is similar to verification except verification is 60 days not ...

prop firm new model - my trading journey

How are you doing with this challenge bro?

prop firm new model - my trading journey