- Search Energy EXCH
- pipmaster77 replied Jun 22, 2021
Personally, I think this type of input is invaluable to this thread. With your broker and LP background, you can spot the bullshit a mile away.
Prop Firm Hub
- pipmaster77 replied Jun 22, 2021
In your dashboard, under the progress tab. I believe they email you as well.
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- pipmaster77 replied Jun 21, 2021
Wow...you think they'd be able to automate that, would seem even easier if the same credentials.
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- pipmaster77 replied Jun 21, 2021
I have 2 lots of gbpcad open with 100:1, using 2775, so would need 27750 with 10:1, but that's 2 lots and it's the gbp, which requires more than normal.
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- pipmaster77 replied Jun 21, 2021
Yes, just using basic round numbers without conversion rates, 1 lot should require 10K at 10:1, and that pair is probably between 8-9K after conversion. Have you asked support? I know by the time you get an answer, trade will probably be no good, ...
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- pipmaster77 replied Jun 21, 2021
Hey Koop, obvious first question, are they "deactivated" for any size new position? If so, is your stop loss on the nzdcad less than $250 (1%)? I know with your experience, these are probably stupid questions, just trying to blindly troubleshoot ...
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- pipmaster77 replied Jun 20, 2021
Exactly. I diversify prop firms the same way I diversify my personal accounts with high leverage, offshore, unregulated brokers. Have 1 funded prop, working on 2 more and 5 offshore personal accounts with no more than 2% of total trading capital at ...
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- pipmaster77 replied Jun 20, 2021
I would join your prop firm, but only because I've know you a few years.
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- pipmaster77 replied Jun 20, 2021
Are you on their discord channel? Chat with someone in support there.
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- pipmaster77 replied Jun 20, 2021
Yes, I think everyone knows how I stand on the 5%ers standard offerings. But, I figure, the summer program, just trade it small, no time pressure. I have my other accounts, so doesn't matter how long it takes. Hell, if they offered a 100K challenge ...
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- pipmaster77 replied Jun 20, 2021
Completely agree. FTMO is the gold standard. I do hope some of the others do work out, as the competition is good for all of us.
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- pipmaster77 replied Jun 20, 2021
5% DD for the 3 challenges, if you complete it's 100K account with 4% DD for $300. Scaling every 5% up to 3 million. $300 for 4K DD is as good as any deal out there, 3 challenges is more than anyone else, but you are not paying anything upfront.
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- pipmaster77 replied Jun 20, 2021
same here, clicked on summer plan, put in details and hade account in like 10 minutes. From what I understand, they are out of stock right now, though.
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- pipmaster77 replied Jun 20, 2021
Mine took two days. They are adding staff just about daily. They have said the account provisioning will be 100% automated very soon. You will get your credentials pretty much immediately once that is complete.
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- pipmaster77 replied Jun 19, 2021
Exactly, if anyone has a 6 figure account, there is no need for a prop firm. To be honest, really not a need to post or discourage those of us that don't have the funding "yet". The entire space of prop firms would be completely not applicable to ...
FTMO - For serious traders
- pipmaster77 replied Jun 18, 2021
Nice job, I am trading that thing so small probably going to take 3 months lol. At the end....$300 for 4K in DD is a pretty good deal though.
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- pipmaster77 replied Jun 18, 2021
MyForexFunds, the 5%ers, both allow holding through the news. With the 5%ers, I ONLY recommend the "summer plan".
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- pipmaster77 replied Jun 17, 2021
Exactly, with all of the new ones popping up and the fact that 80% will probably be gone in less than 6 months, very important to know which ones will be around long-term. More important than the fee is the time required to get to the funded stage. ...
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- pipmaster77 replied Jun 17, 2021
So if a trader is consistently profitable month over month with a prop firm, let's use FTMO as an example, as they payout over a million per month......Do we think they ever copy those particular traders? I mean, that would actually be a smart ...
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