Prop Firm Hub

Quoting HammerHeart

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{quote} Never gamble what you cant afford to lose imo, so it's up to personal choice and financial status. Saving 10k from your regular job could be easy or hard depending on your work position and country, but thats close to average yearly salary where I live (with cost of life not exactly aligned).

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Quoting Masterrmind

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{quote} My suggestion would be to keep going with the Evaluation Models of both FTMO and MFF (at least at this stage under current conditions/reputation). Without Scaling: FTMO maxes out at $400,000 (70/30 profit split) MFF maxes out at $600,000 (MN1 75/25; MN2 80/20; MN3 85/15 profit split - note that you will be trading 2 x $300K accounts) Assume you have hit the big $1Million in funding. Month 1 funded accounts return 5% FTMO account 0.7*0.05*$400,000 = $14000 MFF accounts 2*(0.75*0.05*$300,000) = $22500 Your profit would be $14000 +$22500 =...

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Quoting Koop

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{quote} Wow, average? That seems pretty low for Italy i would think. Not far from $6000 for Nigeria. You're right about it being a personal choice.

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Quoting garfield75

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{quote} Nicely done. I am thinking of registering for 10K conventional accelerated account. Trading conservatively on the account to make 3.5% a month should give good return scaling up slowly over a period of time. I did a comparison table between the model vs trading with rego fee vs personal account with same starting capital. The accelerated model is the way to go in my view. {image}

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Quoting Koop

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{quote} Wow, average? That seems pretty low for Italy i would think. Not far from $6000 for Nigeria. You're right about it being a personal choice.

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Quoting Dmh

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{quote} That is too low for Italy. Different sources on the internet state that the average annual wage in Italy is about 28000 Euro before tax. The income tax rate in Italy ranges between 23% and 43% and an Italian who has an average salary of 28000 Euro pays 23% over the first 15000 and 27% over 13000. That means that the average Italian has an average annual income of 21040 Euro after tax. {image}

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Quoting garfield75

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{quote} Nicely done. I am thinking of registering for 10K conventional accelerated account. Trading conservatively on the account to make 3.5% a month should give good return scaling up slowly over a period of time. I did a comparison table between the model vs trading with rego fee vs personal account with same starting capital. The accelerated model is the way to go in my view. {image}

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Quoting Expo33

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{quote} Thanks! They got my account scaled up to 4K yesterday so we will see how it goes from here. They also asked how I wanted to be paid even though I didn't request a payout because the account needs to be 5 days old. Started last Wednesday so the next available payout wouldn't be until this Friday anyways. Maybe they are being proactive. All in all, MFF has been rock solid so far.

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Quoting boneole

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Good evening dear all, I failed the € 10,000 FTMO challenge. I will give MYFF a try on Monday and post my results here. Have a good start to the trading week!

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Quoting mizi123

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{quote} You have just failed and you will restart, i think you need to rest 1 week and see what you have done wrong because also with MFF rules are around the same when it comes to daily and maximum lose .... anyway good luck!

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Quoting Masterrmind

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{quote} I don't plan on elaborating on my trading strategy in any great detail however, I'm happy to summarize. Fundamental analysis leading to a market direction (long or short a given symbol). Technical entry off an M5 TF using MTF confluence. Discretionary PA. Impact news awareness. Session time awareness regards to anticipated changes in market volatility. Several other factors including the adding of volume into a biased direction on a given symbol and when to add volume when the trade is running with me or against me. Risk control and trade...

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Quoting Frag8383

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Hi guys, I have been looking around MFF and FTMO. MFF seems better, I found the following Is cheaper to take the trails The split is better The objectives are lower which make it easier to achieve MFF 8% first and then 5% FTMO is 10% two times Is easier to scale up the account Am I missing something is there a catch? Has anyone tried them both? Im missing something? Thanks Kind regards

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Quoting HammerHeart

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{quote} The verification phase with FTMO is 5%. Only negs I see with MFF are MT4 platform, minor issue but biggest is MFF allows two hedged positions only, and I use hedging rather extensively, so thats limiting to me.

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Quoting Frag8383

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{quote} They use Global Group as brokers and yes they only allow 2 hedges, Do you know if Global Group is a ECN broker?

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Quoting Frag8383

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{quote} They use Global Group as brokers and yes they only allow 2 hedges, Do you know if Global Group is a ECN broker?

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Quoting Rmg

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{quote} Good luck for your MFF Evoluations MM, I really want to you to be succeeded but you don't have to attach your TE, Unnecessary pressure and moronic mocking not needed!!

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Quoting Rmg

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{quote} Good luck for your MFF Evoluations MM, I really want to you to be succeeded but you don't have to attach your TE, Unnecessary pressure and moronic mocking not needed!!

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Quoting Koop

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{quote} #Sees masterrmind's post once... #Starts looking at new cars and houses online

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