Prop Firm Hub

Quoting Mandariin

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{quote} Actually they have quite limited trade statistics. Max open loss is what you want to see. {image}

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Quoting Urahara-san

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{quote} Because you can only have 5. you blow your 50k to buy say 150k?

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Quoting RoelsMajor

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Since most trade futures, I'm interested in knowing what percentage of risk you take per position opened and what percentage profit target you set. So far, everything seems to be based on daily dollar profit targets and daily dollar loss limits. The statistics available on the platform don’t provide this crucial information (in my opinion), not like MT4 FF Trade Explorer.

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Quoting RoelsMajor

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Since most trade futures, I'm interested in knowing what percentage of risk you take per position opened and what percentage profit target you set. So far, everything seems to be based on daily dollar profit targets and daily dollar loss limits. The statistics available on the platform don’t provide this crucial information (in my opinion), not like MT4 FF Trade Explorer.

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Quoting navk

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{quote} If you choose plan with DLL : max 1200 If you choose plan with out DLL but only with MLL and EOD : 2000 ( I trade this ) i trade 15 micros for MLL 2000, profit of 700 or more. for eval passing. In funded, i close profit as well as platform once i earn 250 to 350 per day All depends on entry point.

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Quoting _BBKing_

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{quote} most problem is about understanding how the prop firm consider your position. this is about my experience in Apex: 1. if you trade a fixed 1contract position everything is ok. You set 200 ticks SL and 200 ticks LIMIT so not to avoid 30% max loss x trade (1500$ on a 150k account) 2. if you trade DCA so example you execute 1 contract @1.1 then add another contract @1.2, you don,t have 2 positions, you have a 2 contracts position @ 1.15 so your risk x trade has to be calculated accordingly: if you have a fixed SL @200 ticks, now your total...

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Quoting RoelsMajor

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{quote} So it would be like max -1.5% a day for Eval, and max -0.75% a day for Funded. 6% TP it would be like: 4x Win or 3.xx loss or 8x Win or 7.xx loss. Good for consistency rules but it is so fast (especially coz trailing DD). {quote} Thanks Bro

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Quoting navk

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{quote} Yes, and no. I give up or expose 2000 MLL to earn 700 to 1000 in a day. It works for me. That is why i said, i need max 3 to 4 days to pass. Onthursdays and fridays, 1 day is enough to pass. My advice to you is go for MLL and EOD plan. Chances of securing funded account is better. To have 1k profit in a day, you need 8 to 10 dollars clear move in gold, with 15 micros. Try somewhat accurate system, it should be possible. Passing eval is math.

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Quoting RoelsMajor

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{quote} No, I’m not interested in taking any challenges from prop firm futures, my religious principles forbid it. We are only permitted to trade spot FX, so just asking what the daily % risk is. That’s all. Thanks

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Quoting Stoneyrocks

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{quote} which platform is showing those figures ?

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Quoting RoelsMajor

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Since most trade futures, I'm interested in knowing what percentage of risk you take per position opened and what percentage profit target you set. So far, everything seems to be based on daily dollar profit targets and daily dollar loss limits. The statistics available on the platform don’t provide this crucial information (in my opinion), not like MT4 FF Trade Explorer.

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Quoting RoelsMajor

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{quote} No, I’m not interested in taking any challenges from prop firm futures, my religious principles forbid it. We are only permitted to trade spot FX, so just asking what the daily % risk is, or 1 position risk. That’s all. Thanks

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Quoting Mandariin

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{quote} Stop & target should be set based on market logic. Not - I have little money I use small stop or 2:1 is not enough for me I what always 3:1 RR. Stop and target for me is always market dependent and are most of time in different size. Stop goes above / below entry candle. Target goes next horizontal level below / above or I get stopped by trail. This year funded journey I have taken 204 trades. 51% winners 1.39 win/loss ratio It makes average stop ( losing trade ) 3.3 points ( I trade gold ) and average target ( winning trade ) 4.6 points....

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Quoting RoelsMajor

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{quote} Yes, but that's not what I want to learn. I just want to know, for example, when trading gold MNQ, micro accounts, for a 25k or 50k account—say there’s a percentage risk table that can easily convert to a daily risk percentage, regardless of ticks or converting points to percentages, similar to what I practice in FX. Of course, every trader’s risk depends on the specific strategy they follow. So, for example, with a $50k MNQ account, to set a 50-point stop loss and 50-point profit target, a 0.5% risk would require, say, 2 or 3 micro contracts....

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Quoting Mandariin

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{quote} Historical RR is better to plan your risk management. 1st I would not trade with 1:1 RR. I was funded 6 months by Topstep and APEX and it toke 620 trades to slowly to blow up the accounts with 1:1 RR. Commissions did the slow but steady work. With 50k account only 1 micro contract. I know people will call me crazy for that but I use tight risk limits But you can try with 3 and report back how it went.

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Quoting Mandariin

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{quote} Historical RR is better to plan your risk management. 1st I would not trade with 1:1 RR. I was funded 6 months by Topstep and APEX and it toke 620 trades to slowly to blow up the accounts with 1:1 RR. Commissions did the slow but steady work. With 50k account only 1 micro contract. I know people will call me crazy for that but I use tight risk limits But you can try with 3 and report back how it went.

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Quoting Mandariin

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{quote} Also it seems you missed point in my previous post. Why stop 50 points ? You want it. Lets say logical place to place stop is 70 points and placing it at 50 points is sure stop out. Also shooting for 50 points ? Why ? Next resistance above is at 85 points. Its logical to set you target at 80 points. RR is result of trade , not pre-planned by trader.

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Quoting RoelsMajor

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{quote} I was just asking about %, bro, why did it turn into logic? You're using your system's logic, which means it's already planned beforehand, using dynamic logic, whereas I use static logic. RR is clearly determined by system pre-logic, even in the middle of a trade, plans sometimes change. BTW, good discussion, though it sometimes goes off track. Ahehehe.

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Quoting RoelsMajor

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{quote} I was just asking about %, bro, why did it turn into logic? You're using your system's logic, which means it's already planned beforehand, using dynamic logic, whereas I use static logic. RR is clearly determined by system pre-logic, even in the middle of a trade, plans sometimes change. BTW, good discussion, though it sometimes goes off track. Ahehehe.

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Quoting navk

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{quote} Apex says if you allow 500 floating ( subject to 30 % rule ) you need to earn 100 atlest. Why your thinking is different ?

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