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  • #12,161
  • Edited Nov 16, 2022 12:46am Nov 3, 2022 2:12pm | Edited Nov 16, 2022 12:46am
Quoting forexbali
{quote} I read that in FTMO to get the first payout you have to reach 10%, this is like in the5ers and some other program. I go to double check now to see if there is a mistake, but here people can confirm or not, when you can withdraw in FTMO as you get the first funded account. May be something I read in forex prop reviews about the "profit target reached". I was going to double check, if there is not the issue to reach first the 10% target, should be just every 14days from 1st trade, rule. from FAQs: How do I withdraw my profits? The Profit Split...
Looks good, you can also add a column and insert discount codes for prop firms that you have listed. The discount code list is here
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  • #12,162
  • Nov 3, 2022 2:15pm Nov 3, 2022 2:15pm
Quoting sampat
{quote} I am wondering whats the advantage of having Royal challenge on TFTP instead of standard as now every thing is equity based and allowed drawdown is 12% and less days (3)? I believe only advantage is EA on Royal challenge.
EAS and copier. News trading allowed so higher leverage without swing account. None of those were important to me. I went because 8% with 10% max DD is asking for 80% return vs. 10% with 12%(standard) which is 83% and 8% with 8% (rapid) which is 100% return. I may do rapid on next one as it is actually less money and quicker payout.
  • #12,163
  • Nov 3, 2022 2:26pm Nov 3, 2022 2:26pm
Quoting sampat
{quote} I am wondering whats the advantage of having Royal challenge on TFTP instead of standard as now every thing is equity based and allowed drawdown is 12% and less days (3)? I believe only advantage is EA on Royal challenge.
standard also has no copy rule, so you can't copy your trades from your own other prop account

Quoting pipmaster77
{quote} EAS and copier. News trading allowed so higher leverage without swing account. None of those were important to me. I went because 8% with 10% max DD is asking for 80% return vs. 10% with 12%(standard) which is 83% and 8% with 8% (rapid) which is 100% return. I may do rapid on next one as it is actually less money and quicker payout.
yes I asked just not for me.

Now, imagine you can't use for some personal reason a challenge with the 30-35 days limit, and you need one without, the unique options is FundedTraderPlus,

is it a so bad option, or it can be fine?

Quoting trader888888
{quote} Looks good, you can also add a column and insert discount codes for prop firms that you have listed. The discount code list is here https://forexpropreviews.com/proprie...iscount-codes/
thank you ha ha, I will never finish with my file, of I will add it ha ha, you made me smile.

I also added "corporate account" accepted, any of you is trading in the name of a company?

sometime for taxation reasons, to trade via a company can be a good thing, also the fee lost or not refunded, can save some taxes.
in holiday till end of November
  • #12,164
  • Nov 3, 2022 2:29pm Nov 3, 2022 2:29pm
Quoting pipmaster77
{quote} EAS and copier. News trading allowed so higher leverage without swing account. None of those were important to me. I went because 8% with 10% max DD is asking for 80% return vs. 10% with 12%(standard) which is 83% and 8% with 8% (rapid) which is 100% return. I may do rapid on next one as it is actually less money and quicker payout.
I chose standard because 80 vs 83% is insignificant but once funded you have a 20% larger account.
  • #12,165
  • Nov 3, 2022 2:31pm Nov 3, 2022 2:31pm
Quoting pipmaster77
{quote} EAS and copier. News trading allowed so higher leverage without swing account. None of those were important to me. I went because 8% with 10% max DD is asking for 80% return vs. 10% with 12%(standard) which is 83% and 8% with 8% (rapid) which is 100% return. I may do rapid on next one as it is actually less money and quicker payout.
TFT standard is not allowed to news? I think yes, the unique was the copier and ea rule. please confirm, or I have to go there to check again.
in holiday till end of November
  • #12,166
  • Nov 3, 2022 2:34pm Nov 3, 2022 2:34pm
Quoting forexbali
{quote} TFT standard is not allowed to news? I think yes, the unique was the copier and ea rule. please confirm, or I have to go there to check again.
If you use swing than it is allowed but leverage is 60.
  • #12,167
  • Nov 3, 2022 2:34pm Nov 3, 2022 2:34pm
Quoting forexbali
{quote} TFT standard is not allowed to news? I think yes, the unique was the copier and ea rule. please confirm, or I have to go there to check again.
Not allowed in funded

https://help.thefundedtraderprogram....-funded-trader
  • #12,168
  • Nov 3, 2022 2:44pm Nov 3, 2022 2:44pm
Quoting sampat
{quote} If you use swing than it is allowed but leverage is 60.
ah yes, that's why I choose in my google sheet the swing, because it is perfect, 60 leverage is very high already.

So there the unique rule is the no copy.
in holiday till end of November
  • #12,169
  • Nov 3, 2022 3:09pm Nov 3, 2022 3:09pm
Quoting Capablanca
{quote} Not allowed in funded https://help.thefundedtraderprogram....-funded-trader
We allow news trading for both Phase I and Phase II of any of our challenges (Standard, Rapid, or Royal).

However, once you are trading a Funded Account (Regular Standard or Regular Rapid) connected to our live capital, we have news restrictions for 2 minutes before and after the release of a red folder event - this includes the opening/closing of market orders, and any take profit or stop losses that are triggered within this 4 minute window. This applies to all FX, Metals, and Indices instruments.

The news restriction rule does not apply if you are trading a Swing Account Type, or Royal Challenge.

  • #12,170
  • Nov 3, 2022 3:12pm Nov 3, 2022 3:12pm
Quoting sampat
I am wondering whats the advantage of having Royal challenge on TFTP instead of standard as now every thing is equity based and allowed drawdown is 12% and less days (3)? I believe only advantage is EA on Royal challenge.
-Depends on the person, but I suspect that the biggest issue for most was the lot size limits being removed and the ability to use a trade copier.

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  • #12,171
  • Nov 3, 2022 3:44pm Nov 3, 2022 3:44pm
Quoting muir
{quote} I chose standard because 80 vs 83% is insignificant but once funded you have a 20% larger account.
yes great point and in phase 2 it is 5% with 12% as opposed to 10%. Since, I don't copy or use EAs, I use low leverage so I can do swing (just like FTMO) just in case I trade during news (never on purpose).......STANDARD from now on. Unfortunately, cannot merge different types so my royal will be stand alone.
  • #12,172
  • Nov 3, 2022 3:45pm Nov 3, 2022 3:45pm
Quoting forexbali
{quote} TFT standard is not allowed to news? I think yes, the unique was the copier and ea rule. please confirm, or I have to go there to check again.
need the swing account (60:1 leverage) for news trading.
  • #12,173
  • Nov 3, 2022 6:22pm Nov 3, 2022 6:22pm
Quoting Erebus
@ Mastermind Re the TE with this thread, I would get rid of that AUDUSD buy trade FOMC has spoken, long live the USD {image}
Follow up on that trade signal and advice; hope Mastermind is OK, no activity since 31 October

Yes, this is DEMO, would break most prop firm's rules on risk, lot size, whatever...

But if you need a great daily trend and trade signal, then have a look at Larry Williams theory

Keep it simple they always say.

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It takes a lot for me to IGNORE you, but you can try.
  • #12,174
  • Edited 7:04pm Nov 3, 2022 6:27pm | Edited 7:04pm
Quoting pipmaster77
{quote} need the swing account (60:1 leverage) for news trading.
yes I know, thats why in my sheets I use only programs, like swing, for standard and rapid, because:

1. I want to monitor, rule less, programs that enable on news trading, copy, no stop loss rule if possible, and most of all no risk rule that is even more complicate
2. Levarage 30-60 is perfect. Even 100 is already too much. I can understand that who has 2-3-4-5 accounts can need so high leverage to risk in one account but
1 such trade will go under radar, may be, second if a trader is good enough can do already great numbers with the leverage of programs rule-less
3. leverage 10 yes, I admit is a big obstacle if you have a target in phase 1-2.

So I think that ROYAL is the best program that leave you all the open doors if a day you would need a copy from other account.

Standard could be number one ONLY if TFT had also OIL and VIX trading. Missing this two markets you cannot use even this account as "master" main account to replicate from there on other accounts with a copier (I assume that the copier works well...)

So in TFT prop, ROYAL is the best choice, forget that is max 300K account and not 400K, is however a good size and your goal is to arrive on the long run to growth slowly all your accounts.

That's why I can touch the Standard.

Another reason is, that looking to my sheet
https://docs.google.com/spreadsheets...frw/edit#gid=0
we have a big problem on E8funding, assuming that you need to diversify in the top 5 firms (MFF, TFT, TFF, FTMO, E8, FTP)
E8 account and ELEV8 account are the others, together with TFT standard, to don't allow the copy!

But.. E8 is a firm that has all the markets, included OIL and VIX.

So I was thinking all the day! May be this is the best thing I could do, even if a bit scary to don't use first MFF or others,

E8 account could be the perfect account to have or to try at least, and use it as "master" and from there to copy on all other accounts, because in E8 you get all the markets, so you can copy from there on other prop accounts.

In few words, if you eliminate TFT standard because Royal is ok, you use E8 where there all the accounts have the problem of copy not allowed, as you main account master.

So my question is, if you like my view, will be to bad for me to start with E8 my experience? or I could find some too bad condition on indexes or other markets for standard scalping?

Just let me know if what I think make sense. And if my idea to copy from there on other account one day, is something that you are doing, or it's better I forget about it because nobody does for some technical reason, or radar reason.
Check image attached and please confirm me that E8 and ELEV8, copy is not allowed from other own accounts at other prop.

NOTE: E8funding is adding MT5 but still not ready it seem. Any news in how many days they will add it? hope in max 1 week.
I logged now in the MT4 trial, and however E8 doesn't have vix trading, but not so much important, at least there is OIL.
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in holiday till end of November
  • #12,175
  • Nov 3, 2022 6:29pm Nov 3, 2022 6:29pm
Quoting Erebus
{quote} Follow up on that trade signal and advice; hope Mastermind is OK, no activity since 31 October Yes, this is DEMO, would break most prop firm's rules on risk, lot size, whatever... But if you need a great daily trend and trade signal, then have a look at Larry Williams theory Keep it simple they always say. {image}
that is amazing result congrats, how much was the drawdown when was in red the demo, in %.
in holiday till end of November
  • #12,176
  • Nov 3, 2022 6:31pm Nov 3, 2022 6:31pm
Is this the best forum for prop firm, or you are also on other forums?

Why we don't create a discord channel and there, instead to chat about prop programs, we focus on charts, trade ideas, set ups, and whatever about trading that of course will be prop-rule oriented because we can't never get stopped.

Name of the channel, UNSTOPPABLE

in holiday till end of November
  • #12,177
  • Nov 3, 2022 6:56pm Nov 3, 2022 6:56pm
Did anyone tried E8 Track? statistic below
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  • #12,178
  • Edited 9:12pm Nov 3, 2022 7:03pm | Edited 9:12pm
Quoting trader888888
Did anyone tried E8 Track? statistic below {image}
nobody will try, is a 3 phase! why to try it? is not as good as phase 2, just to save a fee, you will just lose what could be already your 5% profit.
in holiday till end of November
  • #12,179
  • Nov 3, 2022 8:22pm Nov 3, 2022 8:22pm
Quoting pipmaster77
{quote} yes great point and in phase 2 it is 5% with 12% as opposed to 10%. Since, I don't copy or use EAs, I use low leverage so I can do swing (just like FTMO) just in case I trade during news (never on purpose).......STANDARD from now on. Unfortunately, cannot merge different types so my royal will be stand alone.
I use trade copier from MFF to TFTP royal. ( Trade copier allowed )

Lot size same in both accounts.

I placed trades in gu and closed all .

I closed in MFF mt4 using all close sript.

240 dollars in MFF whereas 253 dollars in TFTP.

Spreads and commission make difference in TFTP. Good one.

As long as they pay, it is ok.
Intraday only.
  • #12,180
  • Nov 3, 2022 8:28pm Nov 3, 2022 8:28pm
Quoting navk
{quote} I use trade copier from MFF to TFTP royal. ( Trade copier allowed ) Lot size same in both accounts. I placed trades in gu and closed all . I closed in MFF mt4 using all close sript. 240 dollars in MFF whereas 253 dollars in TFTP. Spreads and commission make difference in TFTP. Good one. As long as they pay, it is ok.
https://www.trade-copier.com/. this one? or the EA?

is it cloud? have you tested others before it?

I'm testing the dashboard of E8, I need to trade for 2 days and I will see the candlestick chart of my equity, not bad, is it the unique dashboard that show to you a chart in candlestick of your equity? it is very nice, but still I can't see it.

Which are for you the best dashboard of the top names you like?
in holiday till end of November
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