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TrAndy1 replied Oct 15, 2022Here are some other upper limits shown on different prop firm offers like MFF or FTMO on their 100k challenges versus own compounding on personal based on the fee. image You see here the trade-off from upper limit, which expresses the percentage ...
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TrAndy1 replied Oct 15, 2022I have just calculated the upper limit of profit you do within a month whether you can decide being indifferent trading on your own personal account and compound there versus to do the prop firm offer. On OFP instant funding offer, I get the ...
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TrAndy1 replied Oct 15, 2022Only 1% to 4% make it to the funded account status at MFF as their statistics showed. But with score of 7 at least 14% should pass. So >70% of traders only feed MFF.
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TrAndy1 replied Oct 15, 2022There is also no downside limit on instant funding accounts you should not forget. On FTMO when you try more than 3 times in average to get funded, then it is not worth considering. The chances to pass Phase 1 and Phase 2 combined together with at ...
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TrAndy1 replied Oct 15, 2022There is an easy solution for this lot size consistency rule. You only need to calculate your lowest trade lot size for any entry with your risk management rules, then you only need to multiply if for your largest trade size to get it conform. They ...
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TrAndy1 replied Oct 15, 2022In OFP terms and conditions it is describes exactly what they understand under gambling about the lot size consistency rule. There is no room for interpretation here. 5.9 Gambling Policy We consider a trader’s trading behaviour as “gambling” if it ...
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TrAndy1 replied Oct 15, 2022On FTMO when you pass the challenge you have nothing but a funded account. If you then do 10% of a 100k funded account you get $8k payout as profit split. If you do the same on OFP prop firm you have $3750+$2500=$6250 so not that much lower than on ...
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TrAndy1 replied Oct 15, 2022And do not forget there is no time pressure on instant funding models like Overview Funding Programm prop firm has it. You can trade very small, there is no time limit!
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TrAndy1 replied Oct 15, 2022I know it is only 2.5k equivalent. That is why I said it is best for starters in the prop firm space to generate sone cash flow from profits. If you compare Overview Funding Program with FTMO where the score of FTMO is only 3.2 it means you need to ...
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TrAndy1 replied Oct 15, 2022It is the described in their terms exactly what are big differences in lot sizes. It is 2.5 factor of your average lot size. Those trades then does not count to your gains.
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TrAndy1 replied Oct 14, 2022Sorry, but you do not get a better offer, especially for starters. You have no challenge here, only instant funding with score of 4, which means you get 4 times of your fee/money a drawdown to trade with. I cannot imagine of a better offer right ...
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TrAndy1 replied Oct 14, 2022Never thought that this rule is such limiting. But maybe it is not for you designed. I have no problems with my daytrading at all, as I trade at least on 3 days per week.
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TrAndy1 replied Oct 14, 2022Here are some discount codes for your mentioned prop firms. url
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TrAndy1 replied Oct 13, 2022Yes. And it depends how many symbols are in marketwatch, how many charts are open, how many indis and EA on them etc., so the workload on MT4 does matter too.
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TrAndy1 replied Oct 13, 2022IC is one of the largest FX brokers worldwide for a reason. What you said tells me that it is based on your own personal settings and machine. Maybe you also used MT4, which is only 32bit and therefore has many limitations. Maybe you also refer to ...
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TrAndy1 replied Oct 13, 2022The best prop firm to start with. This is no challenge just an instant funding model, where you get 4 times of your fee as value/score here. The trustpilot reviews are encouraging. Here you can test yourself how able you are to do the challenges on ...
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TrAndy1 replied Oct 12, 2022One must understand that basically all prop firms their challenges are asking for (a bit) more than 100% flip of your account size based on the allowance of max. Drawdown. So that means on Euler figure you already need to triple your account size ...
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TrAndy1 replied Oct 12, 2022And as I said just before some previous posts there is also an upper limit where it does make or not make sense to join a prop firm challenge. I hope you calculate it yourself now what kind of percentage you 'need' or be able to produce until one ...
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TrAndy1 replied Oct 12, 2022To make it even easier to understand the score expresses also the number of attempts you have on such challenges. If you fail more than 3 times on FTMO (usually or based on your strategy ex-ante chances) and then you should not consider their offer. ...
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