Disliked{quote} Why would you have to do $500 a day for 8 days, why not $200 a day for 20? 20 pips with 2:1 leverage. Way less risk involved.Ignored
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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} Why would you have to do $500 a day for 8 days, why not $200 a day for 20? 20 pips with 2:1 leverage. Way less risk involved.Ignored
Disliked{quote} Why would you have to do $500 a day for 8 days, why not $200 a day for 20? 20 pips with 2:1 leverage. Way less risk involved.Ignored
Disliked{quote} Yes, exactly my point. The companies with the no minimum trading days everyone gets all excited about, they know most are going to blow up in 1-2 days. Then it's, I know what I did wrong, going to have another go with more discipline. Company probably collects 3-4 challenges within 1 month instead of just 1.Ignored
Disliked{quote} People have come to take the 10 minimum days as the actual max days allowed, especially when they think it's doableIgnored
Disliked{quote} People have come to take the 10 minimum days as the actual max days allowed, especially when they think it's doable. {quote} haha "I know what i did wrong".... They most likely buy another challenge the same day or next.... sure that they would do things differently.Ignored
Disliked0Decided to do an update on CTI/5ers plans, where your fee is your maxDD. Some conditions changed so I thought an update is due. Also I added comparison with a trader taking profit split out of the real account to create same conditions. {image} If you take the fee and put it in your real account, then your profits will be much higher than in the CTI account. But you have to consider that you are not making any withdrawals and therefore you're risking all your money. Then you can see that if we decide to make withdrawals from our real account in...Ignored
Disliked{quote} Agree, I think that is the problem. Don't have to complete it in a day or a week. $500 a day or 0.5% a day target is all it takes to complete an evaluation successfully to get funded. Slow and STEADYIgnored
DislikedGuys, does anyone know, with Myff challenge if you finish early can you trade micro-lots for the rest of the ten days? BTW, where's that whizzkid Navk? His wife probably banned him from doing anymore challenges!Ignored
DislikedGuys, does anyone know, with Myff challenge if you finish early can you trade micro-lots for the rest of the ten days? BTW, where's that whizzkid Navk? His wife probably banned him from doing anymore challenges!Ignored
Disliked{quote} Thanks, bro. Wow things are messy today aren't they? Trust me to start my challenge after the lord mayor's show has ended!Ignored
Disliked{quote} Our Resident numbers man.... Do you have a personal account vs. MFF accelerated comparison table please?Ignored
Disliked000{quote} I put numbers in the spreadsheet and here are the results. (If you're serious about using my calculations to make decision and invest your hard earned money, then please double-check the numbers. You never know, mistakes happen.) {image} MFF Conventional will get you $33,000 in profits when you scale all the way to the $540,000. Real account without withdrawals grows to over a million. Real account with withdrawals - you pay yourself same amounts as with MFF - gives you $33,000 in withdrawals and your $500 account grows to over $200,000....Ignored
Disliked{quote} Yes, I hate to say it, but a challenge that is up 2.5% should never be in DD after that point. Need to seriously adjust risk.Ignored
Disliked000{quote} I put numbers in the spreadsheet and here are the results. (If you're serious about using my calculations to make decision and invest your hard earned money, then please double-check the numbers. You never know, mistakes happen.) {image} MFF Conventional will get you $33,000 in profits when you scale all the way to the $540,000. Real account without withdrawals grows to over a million. Real account with withdrawals - you pay yourself same amounts as with MFF - gives you $33,000 in withdrawals and your $500 account grows to over $200,000....Ignored