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  • #28,781
  • Jan 29, 2024 1:02am Jan 29, 2024 1:02am
Quoting Nsak3y
{quote}-I never really understood the total distaste that some members seem to have regarding discounts. I always saw discounts as another form of advertising. Obviously, any business that allocates too much capital for ad revenue can eventually fail, depending on how the numbers work out. But I think that we have some better idea, the kind of profit margins that these firms are working with, so even a 50%+ discount should not be unreasonable, so long as it is not sustained for long periods. If we understand (and accept) how the remote prop model...
It only matters what we pay net, TP/DD and profit split %. With this we know what the ratio is across all firms to compare.
All the rest is noise that we, at this time, should know better not be tricked into it.
  • #28,782
  • Jan 29, 2024 2:20am Jan 29, 2024 2:20am
I will also be jumping onboard the plan of 100K Max @ 10-15 firms... keeping the payments <5K per, diversifying risk & milking the opportunity while it lasts.
  • #28,783
  • Jan 29, 2024 3:19am Jan 29, 2024 3:19am
hi fellas

i wanna learn trade Nasdaq100 never trade before, good strategy to start with ?
since difference time zone is hard for me to trade Nasdaq
  • #28,784
  • Jan 29, 2024 3:50am Jan 29, 2024 3:50am
Quoting CableJ
I will also be jumping onboard the plan of 100K Max @ 10-15 firms... keeping the payments <5K per, diversifying risk & milking the opportunity while it lasts.
build a personal 100k account..
goal for 2024 3 million funding and build a personal 200k account… currently 600k funding secured … and its all from now on blood, sweat, tears efforts… already recovered challenge money
Extreme gut feeling trader
  • #28,785
  • Jan 29, 2024 5:09am Jan 29, 2024 5:09am
Quoting montygoldy
{quote} build a personal 100k account.. goal for 2024 3 million funding and build a personal 200k account… currently 600k funding secured … and its all from now on blood, sweat, tears efforts… already recovered challenge money
That's good idea make <$5k every fortnight
Last week I have 2 account from skilled Around $5k each got investigated.
Now 1 account have $5k floating profit think will stop trade, thanks for insight
  • #28,786
  • Jan 29, 2024 2:43pm Jan 29, 2024 2:43pm
Quoting pipmaster77
Need some assistance from anyone who has been paid by multiple new firms. I currently only use the 5%ers, FTMO and TFF. Of course had MFF and still have TFT, I simply do not wish to use TFT any longer......kind of over TFF as well with the 2 day reset after payment. I am only looking for firms which reset immediately after payout request. I'll wait 2-3 days for payout if need be, the 2 days down time is way more impactful to me. So with all of these firms offering these discounts, I'd like to grab some, but UNDER MY CRITERIA....otherwise I'll just...
Has there been any news on 5ers lately? They seem to be just chugging along nicely. Let's hope their presence in Israel means they survive this current turmoil. They seem to be the only ray of light remaining in the industry now with ftmo's US issues.
  • #28,787
  • Jan 29, 2024 4:21pm Jan 29, 2024 4:21pm
Alright people received funded account on friday and3% up:.. now not gonna trade on this one.::: payout date is 9th feb lets see how it goes…
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Extreme gut feeling trader
  • #28,788
  • Jan 29, 2024 4:35pm Jan 29, 2024 4:35pm
Congrats Monty!
  • #28,789
  • Jan 29, 2024 4:41pm Jan 29, 2024 4:41pm
Quoting coastie0194
Congrats Monty!
this payout will fund atleast 1.2 million worth of challenges
Extreme gut feeling trader
  • #28,790
  • Jan 29, 2024 4:51pm Jan 29, 2024 4:51pm
I know you'll do it. One thing about you during this process is that you were honest, even with the accounts lost so I'll subscribed and following. The advice to keep profits $5 or lower has helped me. I don't have a problem making money, my problem is over trading. I plan to trade .5% risk once funded. Usually, I would get greedy and trade 2% because I was tunnel visioned on the profits and not risk.
  • #28,791
  • Jan 29, 2024 5:04pm Jan 29, 2024 5:04pm
Quoting montygoldy
{quote} this payout will fund atleast 1.2 million worth of challenges
Monty does not want to slow down. Kudos, I stand by you on this one.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #28,792
  • Jan 29, 2024 5:36pm Jan 29, 2024 5:36pm
Quoting HengkiTjen
hi fellas i wanna learn trade Nasdaq100 never trade before, good strategy to start with ? since difference time zone is hard for me to trade Nasdaq
Hi HengkiTjen, like you I would love to trade the Nas or US30 but I work during the day and my schedule doesn't permit. I can't watch the charts as I'm on the east coast of the US. I resorted and sticking with the U/J. I know this pair is highly manipulated but I learned to wait for the 21, 50, 100 and 200 MA to band together and wait for a breakout. It usually happen during the Asian session. If you're patient enough to wait for it, I normally see a 140+ break that you can ride for two or three days. It usually happen twice or more a month. Do you own due diligence and let me know what you think. I also use daily, weekly and monthly pivots to capture these moves. This was a 355 pip move from Monday to Weds.
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  • #28,793
  • Jan 29, 2024 5:45pm Jan 29, 2024 5:45pm
I know this isn't a strategy forum but I just wanted to share my insight on this pair and I, respectively acknowledge that this isn't the forum to place trade ideas. I'm just trying to help a fellow trader and any others. We're all in this journey together so I apologize if I broke any rules. I've been a member of this thread for awhile and the seasoned vets can vouch to that.
  • #28,794
  • Jan 29, 2024 6:22pm Jan 29, 2024 6:22pm
Fresh two evaluations bought… both 200k ….
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Extreme gut feeling trader
  • #28,795
  • Jan 30, 2024 12:35am Jan 30, 2024 12:35am
Quoting montygoldy
Fresh two evaluations bought… both 200k …. {image} {image}
Congratulations !
Drawdown is more important than Account Size !
  • #28,796
  • Jan 30, 2024 12:40am Jan 30, 2024 12:40am
Quoting montygoldy
Alright people received funded account on friday and3% up:.. now not gonna trade on this one.::: payout date is 9th feb lets see how it goes… {image}

Quoting montygoldy
{quote} this payout will fund atleast 1.2 million worth of challenges
montygoldy is our savage here.

Well done mate! Knock them out and milk as much as you can.
  • #28,797
  • Jan 30, 2024 12:53am Jan 30, 2024 12:53am
Quoting Capablanca
{quote} {quote} montygoldy is our savage here. Well done mate! Knock them out and milk as much as you can.
yes sir 2024 is the year… i tested n played around 2023 last quarter when i first started with prop firms… now i have a plan and everything in place … if all goes as per plan by the end of year i should have 200k personal account…
Extreme gut feeling trader
  • #28,798
  • Jan 30, 2024 2:48am Jan 30, 2024 2:48am
Quoting montygoldy
Alright people received funded account on friday and3% up:.. now not gonna trade on this one.::: payout date is 9th feb lets see how it goes… {image}
Really great work mate! Well done
  • #28,799
  • Edited 6:06am Jan 30, 2024 5:23am | Edited 6:06am
For those considering MFFx futures bear in mind that you can't have open orders and OPEN POSITIONS during tier 1 news +/- 2 minutes.

Standard Trading Protocols
Maintain the integrity of your trading by:
● Sticking to your regular trading system during news intervals.
● Initiating trades based on standard entry rules.
● Ensuring no open positions or orders are active in the order book 2 minutes before and after any data release.
These protocols apply to all news releases.

Tier news list here:
https://intercom.help/myfundedfuture...trading-policy

Edit: this is for funded account, not for evaluations
  • #28,800
  • Jan 30, 2024 7:08am Jan 30, 2024 7:08am
Quoting montygoldy
{quote} yes sir 2024 is the year… i tested n played around 2023 last quarter when i first started with prop firms… now i have a plan and everything in place … if all goes as per plan by the end of year i should have 200k personal account…
Everyone considering testing speculative props should include FXIFY (it's not safer or riskier than many of others around IMO) their scaling program is the best around.
First scale is pretty standard (3 months, 10% profit = +25% in the account).
However, in the second scale 10% profit = DOUBLE the account.
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