Yes, you got it....summer plan

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18. I got to within $1900 in 10 days and then got careless trying to hit it too quick

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No, I don't like to have the same trades in any more than 2 accounts at once. Variety of reasons....different restrictions, loss limits on the props, different systems fit better with each firm, etc. Right now, I have FTMO, personal account, then ...

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Mine, in no particular order... FTMO- have passed 2 challenges, have 200K in funding and can confirm they pay MFF- currently waiting for stage 2 credentials, great experience so far. Have talked with folks on the "inside". They improve every day and ...

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Right. I'd say with 100% certainty, that if they don't proofread their vision statement, probably best to stay away. I mean "vission"

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What I really don't like here is changing the rules AFTER you've signed up. That is not what you signed up for. If they wish to change the rule on new traders, fine, but they should absolutely honor the rules existing customers signed up for.

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lol. Yes I guess it does lend some entertainment value to the thread. Great point.

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Yes, but we all know there are 3-4 on that list that are established, pay out and aren't going anywhere. I think if we designated those brokers, it may save a lot of people from getting burned by the others. The fact that one just disappeared ...

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Yes, I understand with larger sizes, greater risk of slippage. My pivot trades with a bunch of small entries I can hold right through rollover with no worries, I can sleep with no worries. My larger, intraday positions, I am glued to the screen. I ...

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100 lots with a 10 pip stop is the same as 10 lots with a 100 pip stop is the same as 1 lot with a 1000pip stop, etc, etc. The risk isn't determined by lot size alone. One of my systems is weekly pivots, entering multiple small positions within a ...

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Hi mastermind, Maybe you should consider placing a trusted firm designation for the firms we know and trust. It would all be based on feedback from everyone on the thread. Someone can nominate the firm(s) they have had good experience with and then ...

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Reputation most often trumps the better deal. True in 99% of industries. You have to view these prop firms from a "What's in it for them" perspective. After all, they are in business to make money as well. If the terms appear great for the trader ...

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I agree 100%. This challenge is like all challenge models without the time pressure or the cost. Once you pass, DD is still only 4%, but on a 100K account and cost is only $300. So $300 for 4K in DD with no prior or additional cost. This is ...

The5ers - Trading & Growth Program

From a few pages back:

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Lol. Perfect analogy. It sure seems there are like 2-3 new ones popping up weekly and yet there are still probably only 3-4 that are long-term, serious options, which, in my opinion, is just as important as the terms being offered.

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Hey, I love MFF. About to pass stage 1. I actually believe, unless FTMO changes some things, MFF will be king. However, as I posted above, the first 3 months, DOING THE SAME THING in both the eval and live with THE SAME COMPANY will yield 25K more ...

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Did the math a couple of weeks ago. Same company challenge model vs scaling model.

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These are the real numbers. This with CTI but you can plug the numbers in for any similar model. image

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All of these models present as a % gain of the EQUITY of both the prop firm and the personal account. That is the marketing gimmick. You need to compare the ALLOWED DD of the prop vs THE TOTAL EQUITY of the personal account. Your risk per trade must ...

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Simple formula...on a 100K account, initially make your R $500-1000, depending on your risk tolerance. Never lose more than 3R in a day. If you do shut the platform down, this way daily DD is not an issue. If you fall under the 100K in equity, your ...

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