Oh, do I remember!!! lol. I even recently stopped posting about these models but I just hate to see fellow traders not maximize their potential. So mtinfx is going to pay $990 for 1K in DD and wants to make 5% per week, which would be 1K. If you can ...

Prop Firm Hub

You say it should be easy to make $1,000 on a 20K account. Yes, if DD was unlimited. You're attempting to make $1,000 before you lose $1,000. It's a 100% gain. Trust me, if it were a better model, I'd be doing it. I run numbers on these things all ...

Prop Firm Hub

You have to make $1,000 trading lot sizes as if you only have $1,000, forget the 20K for a sec. It's 100% gain, just like it would be in the personal account. To make 5% with 1,000 DD max, what are you going to risk per trade? If you have 1,000 in a ...

Prop Firm Hub

You are missing the point completely. The balance doesn't matter. If you have a $1,000 personal account or a 20K account with 5% DD, you need to trade the exact same size positions in both. Therefore, your profits and losses will be exactly the ...

Prop Firm Hub

You are dead on, I do step out of my risk tolerance to pass, but once you have the account, only goal is DON'T LOSE IT, no time pressure, no profit target pressure. It's fairly easy to grind out 1, even 1.5% per week without DD really even exceeding ...

Prop Firm Hub

Although I agree with all of your points on the accelerated model, as I have never been a fan of these type of models, I am having a great experience with MFF and consider them my #1 now, with FTMO #2. They have by far the best eval model with 24K ...

Prop Firm Hub

Your risk of ruin is still $1,000, whether you trade your own personal account or a 20k account with 5% DD. It's simple math here. You will need to trade the same size positions, if your risk of ruin is 20 trades is $50 per trade ON BOTH ACCOUNTS. ...

Prop Firm Hub

Yes, just reread it. My bad. Too many beers watching the NFL.

Prop Firm Hub

99% on what size account. Obviously, you're risking at least 10-15% per trade Yes, psychology plays a part. Easy to make 99% on an account under $1000. You can risk like crazy as you only have $1,000 in play. Try to do that on 100K+ account, ...

Prop Firm Hub

Uh, no.... that would be 17% per month. Have you traded before or no?

Prop Firm Hub

Agree 100%. MFF, FTMO and the 5%ers. Just to confirm though, I only like the 5%ers summer plan, their traditional "scaling" model is a no go for me. Now back to football.

Prop Firm Hub

I'm guessing the "catch" is you won't get paid. This is the same company Koop discovered and showed me end of last year. At that time, they had copied the FTMO model and pretty much their website as well. Must have not been successful, as I do not ...

Prop Firm Hub

To add to the point Koop, I found (I use MFF and FTMO), things are much smoother once those two firms adapted their own server. When I started with FTMO, they were using LMAX. I was pumped as I do not have access to LMAX in the USA. Spreads were ...

Prop Firm Hub

Yes, the only "challenge" is phase 1. Phase 2 is easy, if you take the full 60 days, it's probably less than what you'll be earning per month once you pass. After stage 2, you are trading with 20-25 times DD vs the fee you paid, which is now ...

Prop Firm Hub

Hey buddy, Just figured out why you see those random spikes in NZD pairs. NZD has 2 rollovers, the traditional 5 pm EST, but also one at 3 pm EST. Something to be aware of mid afternoon when holding NZD trades.

Pivot Trading

Yes, I am done for the week as well. Just submitted my profit split request to MFF.

Prop Firm Hub

Yes, 750+ points down from the top I called last week at 35500. Go Biden!!!! lol

Prop Firm Hub

Just to expand on this, for $949 (200K eval @ MFF), you get 24K in DD. If we use the same risk of ruin of 20 trades, you are able to risk $600 per trade vs $50. Of course, assuming a winning strategy, you will earn 12 times more for the same $$$ ...

Prop Firm Hub

But what people do not grasp, which is what the spreadsheets demonstrate is you will have to trade same size lots (sometimes even smaller) in the prop account vs your personal account. Let's say your risk of ruin is 20 trades, you have 1000 in a ...

Prop Firm Hub

Been saying that for months. Evals/challenges give you 10-12K in DD for $500-650. It's aprox 20 times your fee in DD.

Prop Firm Hub