Wow. That's a pretty shady clause in the fine print. These are the firms (90%+) of them that give the entire industry a bad name. It also explains why the trolls come to this thread and speak negatively about prop firms in general. Once again, there ...

Prop Firm Hub

Just ran the numbers for MFF and FTMO vs the 5%ers. This is taking your initial fee and assuming rate of return against allowable DD ONLY in each program, not the "balance" provided. MFF $979 fee for 24K in DD, need 16K profit stage 1 and 10K profit ...

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Fees are definitely PART of the income stream. For 90% of these firms, I'm sure it is the only income stream. IMO, FTMO and MFF are also executing in some way, shape or form, either making money from good traders or simply on volume from the LP's ...

Prop Firm Hub

Truly is amazing, it's actually an entire additional component to this system for both entries and exits.

Pivot Trading

Great MM strategy. I have expressed many times the risk per trade must be based on allowed loss. So, of course, in a personal account, it's the entire account. So with a risk of ruin of say, 20 losers in a row, you can risk 5%. With the prop firm, ...

Prop Firm Hub

That is an absolute perfect ranking Koop. 100% agree. Although, as Expo found out DT4X is a bit sneaky in their scaling. Basically, to sum it up in one sentence, unless you are doing an eval/challenge, you really don't need a prop firm.

Prop Firm Hub

I haven't chimed in on this subject for awhile, as I do not like the arguments that arise, but those models are completely useless. Either do a challenge and get 20x the DD for your fee or put the money in a personal account and don't give up 50% ...

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Me too. IMO, manual trading is far superior. If you know what you are doing, of course.

Prop Firm Hub

Price action supported by fundamentals........2 parts of this 3 part system. Remember, pivots are just lines in the sand. This system can be used both counter trend and with the trend. The pivot element works best in ranging markets and with ranging ...

Pivot Trading

I would get on discord and see if an administrator can assist. IMO, MFF too good of an opportunity to leave for what should be able to be resolved fairly easily if you get the correct assistance.

Prop Firm Hub

Here are the top 10 prop firms: MFF FTMO MFF FTMO MFF FTMO MFF FTMO MFF FTMO Every other company just seems to be pure bullshit. Sorry.

Prop Firm Hub

How can they expect people to join when they just flat out didn't pay a bunch of traders? I don't know which seems less intelligent......FT trying to continue after screwing everyone or the idiots that are still going to join them.

Prop Firm Hub

If I were a betting man, judging by the aggression today, I'd say everyone got their ass kicked by the market today.

Prop Firm Hub

So, I can either work from home and keep 85-90% of my profits or I can a. move closer to a real prop firm, so my commute is only an hour or so each way b. obtain a degree in finance c. apply for and secure a job d. have to trade under whatever ...

Prop Firm Hub

Yes, FTMO and MFF.

Prop Firm Hub

Great point Davit. Pivots work best in ranging markets with lower ranging pairs. System is designed to take trades between R61-100 and S61-100 and of course can also trade from WPP into those zones. What I'd like to point out is one of the rules, ...

Pivot Trading

Only clicked on a few. Sure looks like I'll have quite a commute vs. what I have now. Is there a filter we could apply with "work from home in your underwear"?

Prop Firm Hub

So he's been with MFF for three months and been denied every payout. I've been with MFF 3 months and NEVER been denied a payout. What do you think the difference is ?

Prop Firm Hub

It is dreamy, lol. They are just numbers, of course, one must execute. I use those numbers as I feel they are pretty realistic goals while still keeping DD low enough where you don't even concern yourself with "how close" you are to the limit.

Prop Firm Hub

Funniest part on the last review is "on second day I was more attentive to drawdown so I only came within $67". Max DD in a day should be 1% and then shut 'er down. These people are just flirting with disaster. With the kind of capital these firms ...

Prop Firm Hub