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- pipmaster77 replied Jul 18, 2021
Right, who cares if it's live or real funds or whatever? If I can make money being a successful "demo" trader, without risking any of MY real funds, once again, who cares? If you don't like prop firms and you wish to risk your own money which could ...
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- pipmaster77 replied Jul 18, 2021
Right and if your equity or balance is above 100K or whatever eval you're on, it is 5%. So if my starting equity is 103K, my daily dd is 5,150. I just passed 2 challenges and I can assure you this is true. I even posted a screenshot a few pages back. ...
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- pipmaster77 replied Jul 18, 2021
AHH, the 'ole rapid account where DD is calculated differently. I wouldn't go near anything but the eval and your daily DD moves with your equity on that model. I still don't get the fascination with daily DD, as it should never be more than 1-1.5%. ...
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- pipmaster77 replied Jul 18, 2021
Oh, here we go, another savior coming to save us from ourselves. Please, don't bother. Everyone in agreement say "I".
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- pipmaster77 replied Jul 18, 2021
MFF daily dd is 5% of what you begin the day with, at the end of my challenge I had 5350 available for daily and like 19000 for overall. Actually, FTMO is 5k daily period (on a 100K account). Doesn't matter if your equity is 130K. Of course your ...
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- pipmaster77 replied Jul 18, 2021
I'm only at like 3.5% but did take an entire week off on that one.
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- pipmaster77 replied Jul 18, 2021
Just sayin', 8% monthly is 20 pips daily with only 2:1 leverage, 10% is 25 pips. This only needs to be done once. After you do it, you are IN WAY BETTER POSITION than any of those scaling models.
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- pipmaster77 replied Jul 18, 2021
Exactly correct, fee paid vs DD offered. The challenge models offer 10K -12 K in DD for $500-650. Those scaling models offer less DD than the fee. The ONLY drawback is the time pressure, but it is ONE time, 8-10% in first 30 days, next stage is 2.5% ...
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- pipmaster77 replied Jul 17, 2021
Yes, as I have shared with you in the past, was seriously considering Enfoid. They are double the cost and only pay 50% split, so not even close to the current offerings. They are definitely on a back burner now. I am satisfied with FTMO, MFF, the ...
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- pipmaster77 replied Jul 17, 2021
If you haven't traded yet, you should be able to get a refund.
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- pipmaster77 replied Jul 17, 2021
Great choice, I posted a comparison of eval vs accelerated, it is hands down, not even close.
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- pipmaster77 replied Jul 17, 2021
Agreed. Same order here minus FT. I honestly don't think they'll be around long term. TBH, out of todays offerings, I think in 2 years, FTMO, MFF and the 5%ers are the only ones remaining. Maybe some new, great company comes along, but as of now, ...
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- pipmaster77 replied Jul 17, 2021
Yes, same here, my next goal is to double my FTMO to 400K and get MFF up to 600K. Crawling along on the 5%ers summer plan, should be funded by January and projecting to scale to the 3 million mid to end 2023. Yes, Mastermind, upon further reading, ...
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- pipmaster77 replied Jul 16, 2021
OK, maybe the 150K isn't bad. Pay about $560 for 600 in DD, make 6% twice and then you have 6K in drawdown, make 10% and then you have 20K in DD. Key here is they don't double you, they 10X you. OK, I see the light on this one, may have to add a 4th ...
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- pipmaster77 replied Jul 16, 2021
Lux? Did they start an evaluation model or have you gone to the dark side of paying a fee higher than the DD they give you? Say it isn't so!!!
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- pipmaster77 replied Jul 16, 2021
Or just close and reopen after spreads normalize.
FTMO - For serious traders
- pipmaster77 replied Jul 14, 2021
Yes, that's why I will trade it like any other eval, I need to do another anyway. Wish the 200K was an option for this, be nice to skip stage 2 on that one.
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- pipmaster77 replied Jul 14, 2021
Yes, my only concern is it throwing me off my "slow and steady" pace in an attempt to try to beat them. So I'll keep my risk the same and see what happens. If I read correctly, I believe we are against other traders as well. It was a great idea to ...
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