Disliked{quote} Indicies are session dependent, but US30 which is what i trade is 1.6 during NY. GOld is always around 15Ignored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} Indicies are session dependent, but US30 which is what i trade is 1.6 during NY. GOld is always around 15Ignored
Dislikedthe MFF model looks good in most respects... I especially like the 30 day extension, one time, if you are profitable at the end of the challenge, but haven't achieved target.Ignored
DislikedOk my thinking about prop firm strategy. We have 3 firms and we can get :FTMO 4x100k ,MFF 3x100K and FT 3x100k if I'm not mistaken.Seven accounts to trade. 1 mil to trade,so 5% monthly after average 70% split will give you 35k before taxes.How much of own capital we need to make same amount? Why 2x100k and not o 200K? Because if you'll make mistake, you'll lost 200k account instead of 1 of 100k. All depends on strategy.Trade copier is great,but there is risk to screw all accounts at once. So personally I plane to trade those accounts in baskets,so...Ignored
Disliked{quote} Based on the logic you have presented would it not make sense then to drop down to $50k accounts because then you have far more accounts at your disposal. Then we could keep dropping down all the way to say $10K accounts and trade copy them up to say $1M across several retail Prop Firms. If you are ok managing multiple accounts then it's not a bad idea but some traders like me tend to like larger accounts merged from smaller ones just to keep things simple. Good post, Masterrmind ........Ignored
Disliked{quote} which of these firms give the best conditions on US30, in your experience/opinion?Ignored
Disliked{quote} All are pretty much the same. If 1 tick in US30 spread is the difference between you winning and losing there is a problem. Of the big 3 (FT MFF AND FTMO) FT have the best spread during session, but can be terrible off session but unpredictable when it will be terrible. MFF's is pretty much fixed for each session which is a "you know what you are getting" type approach. FTMO's is a good spread but the spread ticks a lot so when you hit buy/sell you dont actually know what spread you are paying but it is decent either way.Ignored
Disliked{quote} It is always static, based on the initial deposit on the Accelerated Emphatic model On the Evaluation model the daily DD is relative, but the overall DD is static, according to the chat rep I spoke yesterday, the same a FTMO I love the Accelerated Emphatic model, you know your stop out is from the original deposit 10%, that is it, no looking back everydayIgnored