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TrAndy1 replied Nov 17, 2022Just an update from my personal account trading. I am up over 50% this month when I started fresh. I feel like a fish in sea now and not like one in a smaller lake with the prop firm rules. I learned to have more discipline from props but that is ...
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TrAndy1 replied Nov 17, 2022What is the problem with FTMO now ? They fear higher profits they need to payout or what ? Assuming having a 400k funded account and doing 40 to 50 lots per trade in one direction with only 10 to 15 pips as stoploss, so no more risking kind of 1% to ...
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TrAndy1 replied Oct 18, 2022Just in case you are asking where I am. I will stopp trading at prop firms before I can get some problems for the next 3 months or so. So I will not post anything/much.
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TrAndy1 replied Oct 18, 2022Stopped there now for tax reasons, otherwise I pay more. German tax is quite complicated. I think you do not loose funded account when you not trade 2/3 months or ?
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TrAndy1 replied Oct 18, 2022Also my strategy showed or made a 2:1 Reward-Risk-Ratio on last 2 months, so any compounding on own personal account should give me same results than at props.
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TrAndy1 replied Oct 18, 2022Due to tax reasons I will only trade my personal account until end of year or end of January. Then I will have a look again at the conditions and actual discount codes.
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TrAndy1 replied Oct 16, 2022Yes, you are right, but you also have the assumption that there is substantial generated fee from instant models for MFF. This is only speculation as you do not know that. To me it looks like the far majority of fees and thus profits MFF make from ...
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TrAndy1 replied Oct 16, 2022Yes, on how you define cost-value as fee-value or cost for the trader to value the trader gets. And instant funding model is basically no different but there is no challenge so there are different statistics. It is all based on traders statistics ...
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TrAndy1 replied Oct 16, 2022But there is a strong observed correlation between the props score (as value from their offers) and the size of prop firm, as you can see it on MFF, TFTP, then TFF, E8 as a result. The only exception is here FTMO, as they have with distance the ...
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TrAndy1 replied Oct 16, 2022The score is only based objectively on the prop firms offer on their challenges. It has nothing to do with the size of prop firm, or their cost structure or any soft factors.
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TrAndy1 replied Oct 16, 2022Yes. And the conclusion is based on score. Of course I respect your different opinion. I just say that when you compare two flagships like MFF and FTMO, then FTMO has a higher chance to survive because of the lower score, which means less risk for ...
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TrAndy1 replied Oct 16, 2022Do not know it exactly, I am not a biologist. But it is for achieving a goal and looking for an optimal solution as I can recall. Yes, the higher the score the less the profit margins based on similar (relative) trader statistics. So the only ...
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TrAndy1 replied Oct 16, 2022My assumption, that the crowd gets more intelligent over time and the more skilled traders will survive at props, is based on swarm optimization in nature (seen by birds or ants too). So this is a phenomen which can be seen often in nature and is ...
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TrAndy1 replied Oct 16, 2022Maybe you are right, I do not know it. It is just some speculation on it and some observation. I hope you are right with your assumptions. Always hope for the best.
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TrAndy1 replied Oct 16, 2022Actually I do not believe any huge or bigger market consolidation even if market is (slightly or more) saturated. Because from my searches I find that most newer prop firms have a score below FTMO's score, so there is not much risk for them. There ...
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TrAndy1 replied Oct 16, 2022And a market consolidation always means less market participants so less prop firms on market, as they result in a concentration of fewer more profitable prop firms. But if MFF is financially a very solid prop firm, that means, because they have the ...
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TrAndy1 replied Oct 16, 2022I believe the crowd of traders at prop firms will figure out themselves over time if they can profit from them or not. So sooner or later the crowd will be more intelligent and more skilled. In addition when market gets saturated then it means there ...
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TrAndy1 replied Oct 16, 2022As anyone can see it from my last table sheet, the FTMO challenge offers for 25k and 10k are actually fraud because they are less favorable than just own compounding on your own personal account. You usually do not get this information just by ...
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TrAndy1 replied Oct 16, 2022Here is the extended table sheet from prop firm scores for the smaller challenges. As you can see offers with score below 2.7 are not worth to be considered here. image image
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TrAndy1 replied Oct 15, 2022Again as prop firm challenges statistics have shown, prop firms make huge money from traders failed attempts. Just do not blindly allow you to feed only prop's offers.
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