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  • #17,721
  • Jul 13, 2023 4:31am Jul 13, 2023 4:31am
Quoting Capablanca
FTMO: (via twitter) The 30 and 60 calendar days Trading Periods are gone. The Unlimited Trading Period is here! Are you ready to embrace the future? Don't rush your trades, let them unfold, and take as much time as you need to get to your Profit Target. We also prepared a 10% discount available today on all FTMO Challenges to celebrate this exciting news! https://twitter.com/FTMO_com/status/1679420031111667713
MFF by monday i think as well.

Hopefully this crushes a bunch of the nonsense firms.
  • #17,722
  • Jul 13, 2023 4:31am Jul 13, 2023 4:31am
Quoting turnip15
{quote} Not true. I post because you guys troll your favoured firms ( probably working for them) - so I post FTP and the likes of the 5% ( 5 percenters) for honest comparison. The more you post vitriol then the more I will seek out honest alternatives to your paymasters.
We discuss the best deals.
You push a marketing agenda.

We are not the same.
  • #17,723
  • Jul 13, 2023 4:37am Jul 13, 2023 4:37am
Quoting Capablanca
FTMO: (via twitter) The 30 and 60 calendar days Trading Periods are gone. The Unlimited Trading Period is here! Are you ready to embrace the future? Don't rush your trades, let them unfold, and take as much time as you need to get to your Profit Target. We also prepared a 10% discount available today on all FTMO Challenges to celebrate this exciting news! https://twitter.com/FTMO_com/status/1679420031111667713 Now this becomes the standard
As a new prop firm enthusiast this actually seems scary to me. I sincerely hoped they wouldn't do this. Something is very odd about this considering from a business view and that they must adapt to the lesser companies business plans. Is this some kinda last push before the collapse they know about will happen from regulations? Milk as much as possible before regulators goes all in on the "forex" prop firms.
  • #17,724
  • Jul 13, 2023 4:39am Jul 13, 2023 4:39am
Quoting LehmanBrotha
{quote} We discuss the best deals. You push a marketing agenda. We are not the same.
Untrue and presumptuous on your part. 5% percenters and FTP are worthy to be included here.
See Takisd post above if you want to see people pushing a marketing agenda
every Saint has a past. Every Sinner has a Future
  • #17,725
  • Jul 13, 2023 4:42am Jul 13, 2023 4:42am
Consider brokers for example at 5% percenters

Frequently Asked Questions
Our Trading Environment
a
WHICH TRADING PLATFORM DO WE USE?
a
ARE TRADERS ABLE TO USE THEIR INDICATORS AND EXPERT ADVISORS WHEN TRADING WITH THE 5%ERS?
a
DO WE OFFER A TRADING PLATFORM FOR MOBILE DEVICES?
A
WHICH BROKERS DO WE TRADE WITH?
The5ers trades directly through commercial liquidity providers. We do not trade with common retail broker brands. We operate differently and our trading conditions have different requirements. Confidentiality is very important to us and we take as many precautions as possible to keep our supplier’s identity confidential.
When you trade with us, either as a portfolio manager or during your evaluation period, you are assigned a portion of our own capital and are able to trade on The5ers Fund’s behalf (directly from our trading-pool-account). To meet most of our traders’ expectations, The5ers provide the MetaTrader 5 trading platform, which is supplied by a third party technology integrator and provides superb market execution through sophisticated proprietary technology.
The 5%ers trading activities are all executed through our brokers, via the STP Market Execution. We have incorporated an ECN-Broker-Fees-Structure into our platform.The spread and commission are shown separately – the commission is $4 per lot round trip, which is 0.4 pips.
The spread for EUR/USD is about 0.1 to 0.5 pips.
The spread is variable, not fixed. During the night hours, when the volatility is relatively low, the spreads can get wide, especially during the rollover time (New-York midnight).


NOTE: I have no marketing connection with either FTP or this firm
every Saint has a past. Every Sinner has a Future
  • #17,726
  • Jul 13, 2023 4:54am Jul 13, 2023 4:54am
Trailing drawdowns are like snake on your trail.
Who would wants that?
on a postive roll...
  • #17,727
  • Jul 13, 2023 5:21am Jul 13, 2023 5:21am
Quoting turnip15
NOTE: I have no marketing connection with either FTP or this firm
-I guess the affiliate link that you posted a few comments back must have been a mistake. And also the last 2 years posting in this thread pushing FTP in 99% of your posts. All just a misunderstanding, probably.
  • #17,728
  • Jul 13, 2023 5:24am Jul 13, 2023 5:24am
Quoting Takisd
MFF by monday i think as well. Hopefully this crushes a bunch of the nonsense firms.
-I wonder how much will actually change with metrics, since most traders will still try to pass quickly. Will be curious to see what the smaller firms try to do in order to compete.
  • #17,729
  • Jul 13, 2023 5:37am Jul 13, 2023 5:37am
I agree with the above sentiment.

8crap is the biggest cancer in the prop firm industry now.

First I have personal experience with their shitty broker and how they line up to screw traders in propfirms. I traded fundednext around 4 months ago in the live account. I took a 10 lot trade (nothing crazy for a 200k account) and the spread was literally 5.5 pips. And this was 1 hour before london session, so not in a time of non-liquidity. But thats not the worse part! It shows you in the MT4 platform that the spread is 1.2, but when you ACTUALLY take the trade, it goes to 5.5! When confronting the 85 IQ indian support, all I get is a robotic answer of "not enough liquidity". Like dude wtf? 1 trillion dollars of volume is traded on EUR/USD daily, its literally the most liquid trading asset in the world. And this problem never occurs in reputable brokers like ICmarkets. Conclusion? 8crap is in cohoots with the shitty propfirms with the sole intent to maximize the chance of failure, such that the shitty firms can gain risk free fees from challenges. Thats why over 10 prop firms now are with 8crap.

Second, I have it by second source that 8crap have a "starter" package for each new propfirm that wants to start for a hefty fee.

8crap should be banished and pulverized.
  • #17,730
  • Jul 13, 2023 5:49am Jul 13, 2023 5:49am
Quoting turnip15
{quote} Untrue and presumptuous on your part. 5% percenters and FTP are worthy to be included here.
Trailing drawdowns and sketchy news rules are not worth it.

Doesnt FTP also have a mandatory SL rule and auto-closes your positions sometimes even after SL was immediately placed.

Yeah, big pass. I'd stick with reliable companies, especially now when they all seem to be going unlimited.
  • #17,731
  • Jul 13, 2023 5:52am Jul 13, 2023 5:52am
Quoting turnip15
{quote} Untrue and presumptuous on your part. 5% percenters and FTP are worthy to be included here. See Takisd post above if you want to see people pushing a marketing agenda
go for it.
But btw I truly sincerely doubt you have any account with them.
  • #17,732
  • Jul 13, 2023 5:54am Jul 13, 2023 5:54am
Quoting navk
{quote} The advantages : 1) We go cry for extra loss limits ( more than 10000 usd in 100 k account ) in order to pass evaluation. In merged account, I have 24k loss limit and 10k daily loss limit. I can trade like 100 k account and not like 200k account. Meaning I can trade..same 5 lots or 6 lots... with increased dd limits. 2) If I make 400 to 500 dollars in a 100k account, the same 400 to 500 dollars is enough for me while trading 200k merged account with no risk of loosing the account I made today 792 $ and happy with this , absolutely no fear...
no further update just 1 night-stand?
  • #17,733
  • Jul 13, 2023 6:00am Jul 13, 2023 6:00am
Quoting turnip15
{quote} Untrue and presumptuous on your part. 5% percenters and FTP are worthy to be included here. See Takisd post above if you want to see people pushing a marketing agenda
YAAAAAAAAAAAS buy my course and get lambo.
  • #17,734
  • Jul 13, 2023 6:32am Jul 13, 2023 6:32am
Quoting Capablanca
{quote} It's a pity that we don't know when a bombshell will be dropped in some props because the right strategy would be to hit them with a huge payout before that, instead of having small payouts to be under the radar.
Was thinking the same thing. Notice would be nice, so we know which firms to YOLO. We already know, once they are done, they are not going to honor any exisiting payouts.
  • #17,735
  • Jul 13, 2023 6:35am Jul 13, 2023 6:35am
Quoting turnip15
{quote} Not true. I post because you guys troll your favoured firms ( probably working for them) - so I post FTP and the likes of the 5% ( 5 percenters) for honest comparison. The more you post vitriol then the more I will seek out honest alternatives to your paymasters.
lol, and you come up with FundedTrading Plus with trailing DD and the 5%ers, who, other than their newest model, charges more in a "fee" than your available loss.
Yeah, OK, moving on........There is a reason MFF and FTMO are the two largest firms, BY FAR. They also have their own feed of LPs, this is not a concept exclusive to the 5%ers.
  • #17,736
  • Jul 13, 2023 6:37am Jul 13, 2023 6:37am
Quoting Capablanca
FTMO: (via twitter) The 30 and 60 calendar days Trading Periods are gone. The Unlimited Trading Period is here! Are you ready to embrace the future? Don't rush your trades, let them unfold, and take as much time as you need to get to your Profit Target. We also prepared a 10% discount available today on all FTMO Challenges to celebrate this exciting news! https://twitter.com/FTMO_com/status/1679420031111667713 Now this becomes the standard
Yes, if FTMO and MFF offer unlimited time, they will only separate themselves further from the rest.......the two largest will become larger.
  • #17,737
  • Jul 13, 2023 6:38am Jul 13, 2023 6:38am
There is a way you can do props for free with a brokerage account and a prop firm account if you are good at math.
  • #17,738
  • Jul 13, 2023 6:42am Jul 13, 2023 6:42am
Quoting pipmaster77
{quote} Yes, if FTMO and MFF offer unlimited time, they will only separate themselves further from the rest.......the two largest will become larger.
check mff discord
  • #17,739
  • Jul 13, 2023 6:42am Jul 13, 2023 6:42am
MFF unlimited coming
Attached Image (click to enlarge)
Click to Enlarge Name: MFF.jpg Size: 90 KB
  • #17,740
  • Jul 13, 2023 6:45am Jul 13, 2023 6:45am
Quoting Nsak3y
{quote}-I wonder how much will actually change with metrics, since most traders will still try to pass quickly. Will be curious to see what the smaller firms try to do in order to compete.
No minimum time
Bi-weekly payouts (most of them already have it) or even weekly or any time we want.
85% payout
Aggressive promos like 200% refund
Better scaling
Etc.
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