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- pipmaster77 replied Sep 30, 2021
Well you wouldn't need the 500:1 leverage. If you have a risk of ruin of let's say 20 trades. You would be risking $20 per trade in the LUX account and $25 per trade in the personal account. If your average target is say 50 pips with 1:1 RR (for ...
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- pipmaster77 replied Sep 30, 2021
My take on LUX I used the middle offering, but numbers play out the same......You pay $500 for $400 in DD, which you have to make 150% to get to $600, repeat again and then you get 65% of $600. DD now goes to $4000, you now need to make 250% to get ...
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- pipmaster77 replied Sep 29, 2021
Yes, you cannot legally change the terms of a contract in the middle of the term of the contract. That doesn't fly. There would need to be advance notice and you would need to agree by signing a revised contract. Looks as if she spent too much money ...
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- pipmaster77 replied Sep 29, 2021
Yes, I think a lot of people mistakenly group MFF and FT together. Both started around same time, both in Canada, both had that whatever rapid account that paid 10%. That's probably why. I like FTMO, but I think a lot of people are missing out on ...
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- pipmaster77 replied Sep 29, 2021
Dominance diminishing? Is this what you are referring to. This is only August, I'd love to see through September image
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- pipmaster77 replied Sep 29, 2021
Yes and you were the little birdie that told me a while back as well. I just didn't know if it was on the DL, so didn't want to post it.
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- pipmaster77 replied Sep 29, 2021
Yes, I think MFF and FTMO are fine as well. I am sure they have the ability to go to a different jurisdiction as well, if necessary. Seems like both companies have their act together enough to have a backup plan. Absolutely agree, FTMO must be ...
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- pipmaster77 replied Sep 29, 2021
Well Koop, if it becomes an issue, I am going to have you open a Tickmill account for me. I absolutely will not trade with Oanda, Gain, TDAmeritrade or any other disgusting option available in the US. I'll trust you to pay me, maybe even give ya a ...
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- pipmaster77 replied Sep 29, 2021
IMO, they have got their shit together for the long haul. Takisd could probably confirm this as well. However, you know being the vindictive bitch that she is, Jessica will try to take down the entire industry.
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- pipmaster77 replied Sep 29, 2021
Man, would I be pissed. Not even about the money. The time invested in passing 2 stages of an eval, multiple times if you have a larger account. They just come out and say, EFFECTIVE IMMEDIATELY, screw your livelihood, your income is cut off ...
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- pipmaster77 replied Sep 29, 2021
Writing was kind of on the wall here. One red flag after another. Reason I never considered joining.
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- pipmaster77 replied Sep 28, 2021
Yes, had mine within 24 hours as well. When I get paid, I request on Fridays and I am paid and account reset by market open Sunday. I literally miss 0 trading time. As I said last night, more and more people reporting on their "opinion" rather than ...
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- pipmaster77 replied Sep 27, 2021
Really it all comes down to trading conditions and getting paid. Pretty sure the purpose of the thread is to share REAL experience (good or bad) with the various firms. The key being REAL experience. It seems as if some come here to try to simply ...
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- pipmaster77 replied Sep 27, 2021
IMO, the single most important aspect of this business, hands down. Of course, being human, I sometimes trade larger than normal (especially if I have a profit buffer). Those are ALWAYS my worst weeks. I could do so much better if I stuck hard to my ...
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- pipmaster77 replied Sep 27, 2021
No, I will take what the market gives. Sometimes I hit 2.5%-3% or more. There are losing weeks also, so 1-1.5% per week is an average. The only time y time I will close up shop for the week is if I have 5%+ before Friday, I will not trade on Friday. ...
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- pipmaster77 replied Sep 27, 2021
Actually, being funded with both FTMO and MFF, I would say MFF is definitely looking out for the success of their traders, where FTMO could care less. I believe the fees are a much larger component to FTMO revenue. So I guess, unless you're using ...
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- pipmaster77 replied Sep 27, 2021
Man, when people comment it would be great if they knew what they were commenting on. 3 different models at MFF, Rapid, Accelerated and Evaluation. For comparison to FTMO, one only needs to look at the eval model. For comparison to 5%ers, CTI and ...
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- pipmaster77 replied Sep 27, 2021
Yes, must be confused with FT, I don't believe I've even seen EURUSD get up to 0.2 today, shit, GBPUSD is only 0.2-0.3.
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- pipmaster77 replied Sep 27, 2021
I just use both, this way instead of max 600K or 400K (before scaling, which MFF scales quicker) I can have 1 million max. Not sure why one needs to pick one over the other, you are not signing a non-compete.
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