So can anyone explain here the new gambling ban procedure of FTMO ? Because no one wants of course be banned on all accounts lifetime, just by accident meant ???

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It is said on the link some posts ago about the new hidden rule banning gamblers. There is a link on FTMO website explaining this, but not in very clear logical manner...

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Exactly. And that is the problem with their big lot size traders. They did not copy the large lot sizes, otherwise where is the problem ? Again this is not good behavior. When they always loose that is of course no problem, but when those traders ...

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Hidden in terms it is nowhere written down, is not actually meant. For me hidden rules means there is room for interpretation and you do not know the whole interpretation on this rule. In such a case the traders need to find out where are the exact ...

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It does not matter if the rule is hidden or clear stated, because over time the traders will find out them all. But the damage is much greater if they cannot communicate any new rules in a very clear and logical understandable manner with no room ...

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For every rule they want to introduce now, there is workaround. They need hard rules like overall lot size limits or best for FTMO a max. payout cap per account or user.

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It seems FTMO is leaving the crowd in the dark with their new hidden rule on banning "gamblers" or traders taking high lot sizes. Such a hidden rule is usually red flag.

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What they actually want is a cap on payouts. What is the problem with a gambler taking big lot sizes and looses the account ? None of course. The problem comes only with extraordinary high payouts for taking higher risks. If one is a scalper and ...

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Talking only about math, there are no two opinions you agree. So it matters much from where you are trading. In USA there are not much options and I do not know taxation there. But from Germany it makes sense only up to ~16k profits annually, ...

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I already would pass Phase 1 on MFF because I was up 150% already. But then in DD on verification. So on props you always starts from beginning, so having a loss or being in a loss is much easier on props and therefore psychologically more stressful ...

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All in all it feels much less stressful trading on personal account. No time pressure to meet certain goals, no other rules, no bad slippage. Having unlimited time is good.

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On FTMO in comparison to prop firm account it would not make sense, when you do the following equation. You need to make 150% on FTMO account, with compounding included it is factor 4.5. So equally like having 4850 Euro here, because of 1080 € ...

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I am actually simulating a 200k account on major prop firm like MFF on my personal account. So for funded I would need to make e^(13%/12%)=2,71828^(1,083333) =3. If I do the same again on funded account, I would get on 200k account with 12% gain on ...

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I am not a scalper but I do daytrades so slippage can add up over time. On personal account trading I notice positive slippages too which I did not get on MFF, TFF at all.

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Yes, but most speak their language and some Russian. In schools they did not learn English some years ago, only Russian. So that could be a problem and the living standard there is far off from that in Germany too. And actually I do not want to be ...

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You pay up to 42% income tax, which even can go as high as 45%, in addition you need to pay VAT or sales tax of 19% on all earnings above ~17k. Unfair disadantage those prop firms have when dealing with them. So I needed to recalculate the scores ...

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I hate to say it but in Germany you pay over 50% taxes on selfemployed gains from prop firms, when a certain swallow is reached. On personal account it is flat ~25%.

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Possible reasons for banning big lot size traders from FTMO ? 1) They cannot copycat without higher slippage. =>That is FTMO's problem, they also could induce higher slippage on larger lot size trades. 2) They fear higher percentage of profitable ...

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So there is only MFF left from the reputable prop firms I am hearing now. It really seems the market is saturated and maybe the crowd of traders gets more intelligent over time. So The Prop Trading is out of game for us now. And then TFF and TFT ban ...

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In addition I am noticing less slippage with personal account trading than on prop firm accounts. The props are far to sensitive when it comes to slippage on even smaller lot sizes. That is kind of ridicolous because on majors FX there is plenty on ...

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