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  • #4,441
  • Oct 8, 2021 5:25am Oct 8, 2021 5:25am
Quoting Masterrmind
{quote} Yes I follow the MFF discord very closely and get instant notifications. I don't spend alot of time going through the general chat as it's basically crazy clutter. Same old questions again and again. Enough to make a moderator reach for another bottle of top shelf. Masterrmind ........
I will typical just check announcements and then see if Josh or other admins have been saying something noteworthy. Other then that its bananas with all the chatter.
Trade with confidence, trade without fear.
  • #4,442
  • Oct 8, 2021 5:46am Oct 8, 2021 5:46am
Quoting Masterrmind
{quote} Well done. As pipmaster77 says the Phase 1 is the hardest to get through and depending on your trading style and amount of good fortune it can be quite the ride. Masterrmind .........
Good experience so far, yesterday two accounts passed phase II , I am now waiting to go live. I plan to maximum out on both FTMO (2x$200K) and MFF (3x$200k) to have $1 mil by the end of month. I am excited for this. I could not believe this prop business existed. Without your thread and pipmaster77 and others good posts, I probably missed this opportunity.
Thanks again...
  • #4,443
  • Oct 8, 2021 5:49am Oct 8, 2021 5:49am
Quoting DylanE8
Hi Sam, Sure I am happy to answer that and explain the reasoning. We have invested a significant amount of time and money into the tech we provide via our custom Dashboard. We took the longterm approach of thinking: if we provide our traders with the best user experience they could stay focused on the important things like trading. No other proprietary trading firms have gone where we have in providing up to $1,000,000 in Funded Account opportunities, top tier liquidity with raw spreads, our own Mt4 servers, instant credentials, free trials etc....
Seems like the instant account provisioning is the only unique upside to E8 at the moment Dylan. Doesn't really justify the high price.

Maybe you guys should have only started out with the basic infrastructural/technological costs so your initial price offering could be more competitive (especially for an entry level stage) then scale up along the way.

Trading floor thing just sounds like weird marketing too. But hey, always good to see new firms pop up. Will keep an eye on to see how E8 grows.
Good luck.
  • #4,444
  • Oct 8, 2021 5:52am Oct 8, 2021 5:52am
mastermind is trading 20 lots throwing all the money management out of the window ROFLLLLLLLLL

I am pretty sure all other traders even with the funded accounts does this at the end of 2 or 3 months to start from the demo once again.
Allergic to bullshitters, never argue with fools
  • #4,445
  • Oct 8, 2021 5:55am Oct 8, 2021 5:55am
Quoting Muhammedfx
mastermind is trading 20 lots throwing all the money management out of the window ROFLLLLLLLLL I am pretty sure all other traders even with the funded accounts does this at the end of 2 or 3 months to start from the demo once again.

I dont think I've changed lot size since March, even when I wanted to gamble.
  • #4,446
  • Oct 8, 2021 6:03am Oct 8, 2021 6:03am
Quoting Muhammedfx
mastermind is trading 20 lots throwing all the money management out of the window ROFLLLLLLLLL I am pretty sure all other traders even with the funded accounts does this at the end of 2 or 3 months to start from the demo once again.
you are a negative human being. Mastermind should kick you out of his thread.
  • #4,447
  • Oct 8, 2021 6:06am Oct 8, 2021 6:06am
Quoting Boulder
{quote} Good experience so far, yesterday two accounts passed phase II , I am now waiting to go live. I plan to maximum out on both FTMO (2x$200K) and MFF (3x$200k) to have $1 mil by the end of month. I am excited for this. I could not believe this prop business existed. Without your thread and pipmaster77 and others good posts, I probably missed this opportunity. Thanks again...
Just got MFF email, some paperwork needs be done before going live

Congratulations! You are one step away from becoming a fully funded MFF trader. Very good job on achieving the target within time frame and with proper risk management.
To get your live account up and running, we need to get you to read, understand, sign and scan back the attached Independent Contractor Agreement.
You also need to provide us with the following 2 pieces of documents:
1. A government issue ID (such as Driver license, Passport, National ID card)
2. A utility bill or bank statement with your name and address.
Please keep in mind that the name on both documents should match.
It will take us 2-3 days to verify your documents. Once that is done, we will be getting back to you with your certificate as well as your live account detail
  • #4,448
  • Oct 8, 2021 6:07am Oct 8, 2021 6:07am
Quoting Boulder
{quote} you are a negative human being. Mastermind should kick you out of his thread.
Those that can't do.....teach.
Those that can't trade.....go commercial
  • #4,449
  • Oct 8, 2021 6:57am Oct 8, 2021 6:57am
Quoting Boulder
{quote} Just got MFF email, some paperwork needs be done before going live Congratulations! You are one step away from becoming a fully funded MFF trader. Very good job on achieving the target within time frame and with proper risk management. To get your live account up and running, we need to get you to read, understand, sign and scan back the attached Independent Contractor Agreement. You also need to provide us with the following 2 pieces of documents: 1. A government issue ID (such as Driver license, Passport, National ID card) 2. A utility...
Well done. Im finishing up my last 200K phase 2 today and then Ill be maxed out.
Trade with confidence, trade without fear.
  • #4,450
  • Oct 8, 2021 7:00am Oct 8, 2021 7:00am
Quoting Boulder
{quote} Good experience so far, yesterday two accounts passed phase II , I am now waiting to go live. I plan to maximum out on both FTMO (2x$200K) and MFF (3x$200k) to have $1 mil by the end of month. I am excited for this. I could not believe this prop business existed. Without your thread and pipmaster77 and others good posts, I probably missed this opportunity. Thanks again...
Appreciate you being so humble.

Best of trading to you,

Masterrmind ..........
Master your Mind then Master your Trades
  • #4,451
  • Oct 8, 2021 7:01am Oct 8, 2021 7:01am
Quoting Boulder
{quote} you are a negative human being. Mastermind should kick you out of his thread.
Yes it's nearing that I'm afraid.

Masterrmind .......
Master your Mind then Master your Trades
  • #4,452
  • Oct 8, 2021 7:06am Oct 8, 2021 7:06am
Quoting Muhammedfx
mastermind is trading 20 lots throwing all the money management out of the window ROFLLLLLLLLL I am pretty sure all other traders even with the funded accounts does this at the end of 2 or 3 months to start from the demo once again.
Phase 1 is not how I would typically trade an account.

Lot size matters little unless you get slipped like crazy but I don't find slippage an issue here.

So at the end of the day all 20 lots means is a smaller stop mated to a smallish target.

Risky on Gold granted but that is the nature of this beast.

ps. TE removed due to your post.

Good trading,

Masterrmind ............
Master your Mind then Master your Trades
  • #4,453
  • Oct 8, 2021 7:17am Oct 8, 2021 7:17am
Quoting pipmaster77
{quote} I cannot find any info on the scaling process. 100K is largest initial challenge? How does one scale? Does scaling take place even when you withdrawal the entire split each month or must all or some remain? Thanks
Hello, we offer three unique products- The E8 Account which is a straightforward funding solution where traders can achieve up to $100,000 in funding in less than 20 days through a 2 step evaluation process.

The E8 Tournament which is a competition between traders around the globe with funded accounts as prizes for the first, second and third place finishers.

The ELEV8 Account which is our scaling solution. Traders still follow the same 2 step process to receive a starting balance of $100,000 and the chance to scale it monthly by hitting the profit target of 16%, traders are eligible to withdraw any profits generated on the account. The scaling will be automatic and every-time 16% profit is achieve in one 30 day trading period your trading balance is increased by $100,000 all the way uo to $1,000,000 account balance. Here is a simple step by step break down for scaling:
The ELEV8 Process
1) Pass our 2-Phase evaluation
2) Receive your Funded Account and start earning
3) Reach the monthly profit target of +16% and withdraw 80% of your profits
4) Increase your Funded Account balance by $100,000 each month
5) After successfully completing 3 stages of scaling; your profit share increases to 90%
  • #4,454
  • Oct 8, 2021 7:22am Oct 8, 2021 7:22am
Quoting DylanE8
{quote} Hello, we offer three unique products- The E8 Account which is a straightforward funding solution where traders can achieve up to $100,000 in funding in less than 20 days through a 2 step evaluation process. The E8 Tournament which is a competition between traders around the globe with funded accounts as prizes for the first, second and third place finishers. The ELEV8 Account which is our scaling solution. Traders still follow the same 2 step process to receive a starting balance of $100,000 and the chance to scale it monthly by hitting...
Question about scaling, if one month 16% profit, next month is less than 16%, the extra 100k stays in account forever once achieved or will be removed?
  • #4,455
  • Oct 8, 2021 7:39am Oct 8, 2021 7:39am
Quoting Boulder
{quote} Question about scaling, if one month 16% profit, next month is less than 16%, the extra 100k stays in account forever once achieved or will be removed?
Yes, your funding balance will never be taken away as long as you do not violate the max daily loss or max overall loss. We don't want to add extra pressure to our traders. If you hit anything below the scaling target you are still eligible to withdraw any profits and you still have the chance to scale during the next 30-day trading period.
  • #4,456
  • Oct 8, 2021 7:47am Oct 8, 2021 7:47am
Quoting DylanE8
{quote} Yes, your funding balance will never be taken away as long as you do not violate the max daily loss or max overall loss. We don't want to add extra pressure to our traders. If you hit anything below the scaling target you are still eligible to withdraw any profits and you still have the chance to scale during the next 30-day trading period.
Thanks. That is good to know... I will give your company a try soon
  • #4,457
  • Oct 8, 2021 7:53am Oct 8, 2021 7:53am
Are we really doing this? Firm owners /teams in this thread ?

I thought about BoB and that other guy we relegated firm responses to firm threads...... Mastermind, i need an adult.
  • #4,458
  • Oct 8, 2021 8:00am Oct 8, 2021 8:00am
Quoting Masterrmind
{quote} Yes I follow the MFF discord very closely and get instant notifications. I don't spend alot of time going through the general chat as it's basically crazy clutter. Same old questions again and again. Enough to make a moderator reach for another bottle of top shelf. Masterrmind ........
That's right. Because you are under pressure of time.
Whether you think you can, or you think you can't,you're right. H.F.
  • #4,459
  • Edited 1:03pm Oct 8, 2021 8:03am | Edited 1:03pm
Quoting Masterrmind
{quote} Extension of Time Account: If you end in profit but fail to meet profit target by abiding by all rules do you get another free retake from initial account balance ? I actually do not know the answer to the above question since provided all conditions are met bar the full target a free retake can occur an infinite number of times but the free extension is listed as 1 time only so does this mean all future retakes will be from initial account balance eg 100k would start over from 100k? Masterrmind ........

There was no question mark on end, so no question.
I was just expecting new trading account in few days a that's what happen.Caught me by surprise.
Whether you think you can, or you think you can't,you're right. H.F.
  • #4,460
  • Oct 8, 2021 1:59pm Oct 8, 2021 1:59pm
Quick update on my MFF issue of not delivering the accounts in time

all good - after they mixed and gave a different type of account I got all of them now

quick question for those honest traders:
I got an extra account - I think they got mixed on my multiple request
should I report and ignore that account or just trade it?
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