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- pipmaster77 replied Aug 30, 2021
It's a 4 step challenge. You have to put a value on your time. I don't think a 60% discount is worth DOUBLE the work. I agree, though, I guess simply to add capital once FTMO and MFF are maxed. After I have 1 million with them, My route is the 3 ...
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- pipmaster77 replied Aug 30, 2021
And.....If I'm understanding this correctly, you pay the fee to traderseed, you then have a 2 stage process with traderseed, 10% and 5% respectively, THEN.....he purchases a challenge for you, in which you need to complete phase 1 and 2 like you ...
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- pipmaster77 replied Aug 30, 2021
Most of us that have been doing this for awhile are quite happy with MFF and FTMO just as they are. Everyone is always looking for the cheaper fee, the higher DD allowed, the better split. The fee is refunded with your first split with MFF and FTMO, ...
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- pipmaster77 replied Aug 30, 2021
Was that in the same post she said something like "I'm on a private jet, bitches" and then showed a picture of her flabby ass?
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- pipmaster77 replied Aug 30, 2021
Well, that's the big one.....payments. FTMO and MFF have zero history of payout issues, meanwhile, FT is denying payouts and changing rules. You cannot change the rules without having trader sign new contract or at least check a box acknowledging ...
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- pipmaster77 replied Aug 30, 2021
I'd say 90% of the reviews on trust pilot are from FT affiliates. Trustpilot is an absolute joke.
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- pipmaster77 replied Aug 30, 2021
FTMO has their own thread. I've never had an issue being paid and have heard of no others. When I did my first challenge 14 months ago, they were using LMAX, spreads were horrible. When they switched to their own server, 1-2 months of "bugs". All ...
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- pipmaster77 replied Aug 30, 2021
lol. I'm sure there is an affiliate link in there somewhere.
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- pipmaster77 replied Aug 30, 2021
Yes, Mastermind was genius to start this thread. Too many intelligent minds vetting these brokers. The way info pops up within minutes of a new firm being discovered is awesome. This should help everyone join the right firms and avoid the wrong ones. ...
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- pipmaster77 replied Aug 29, 2021
It's their own server. Spreads are about as thin as you'll find anywhere, commission $3 per lot.
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- pipmaster77 replied Aug 29, 2021
I agree. Everything has been 100% on my end with them as well. In my book MFF is #1 firm now, followed by FTMO and then 5%ers (summer plan ONLY)
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- pipmaster77 replied Aug 28, 2021
Yes, and clearly you're crushing the eval, pass that and you don't need the other account, just do 2 more of those
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. I guess it's just my personal preference, but every time I run the numbers on those "scaling" models, putting the ...Prop Firm Hub
- pipmaster77 replied Aug 28, 2021
MFF has bi-weekly payout once you reach month 2. I truly do not think MFF wants you to lose once you've passed. I've had conversations with some folks there and I think they are actually looking for long term good traders. I also mentioned in a ...
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- pipmaster77 replied Aug 28, 2021
Looking further at your numbers, they only scale 2x every OTHER scale up, the other is 1.5 x. Just trying to help, I mean no disrespect whatsoever.
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- pipmaster77 replied Aug 28, 2021
Only difference in a for that $500 fee you can get a $100k eval account, not 10k, making total profit on that one 100k. Eval/ challenge blows any scaling model out of the water. With accelerated your fee is equal to your DD allowed, with eval you ...
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- pipmaster77 replied Aug 28, 2021
Actually, they pay from a combination of revenue streams.......fees from failed challenges, volume from the LPs which they execute through and if they are a-booking MY trades, then yes profit from traders as well. As far as the folks who have an ...
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- pipmaster77 replied Aug 27, 2021
Are you speaking of FT specifically? If so, I agree 100%. If you're speaking on the entire industry, that's a pretty bold statement without knowing the inner workings of each company. FTMO, MFF and the 5%ers are definitely executing trades in the ...
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- pipmaster77 replied Aug 27, 2021
Once again, invaluable information. Your background and experience makes everything make sense, or, in the case of some companies, not make sense.
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- pipmaster77 replied Aug 27, 2021
right, it resets to 10K on a 200K IF YOU HAVE NO OPEN TRADES AT RESET, but if you carry a floating gain/loss into next day, it applies to the new day. So if you carry 9K loss, you only have 1k before you violate the daily DD of 10K. If you carry a ...
FTMO - For serious traders
- pipmaster77 replied Aug 27, 2021
I understand my daily gain/ loss to be floating + whatever is incurred during the day. In the above scenario, max daily loss is 10K on a 200K. If i carry a floating loss of $9,000 from one day to the next, the way I understand it, as soon as I add a ...
FTMO - For serious traders