Yes, 2% is absurd, there are also firms with "consistency" rules, minimum days/trades rules, etc. The lowest of any firm I use/will use is 4%. These firms have no daily limit though. So, in reality, you're only 1% lower than FTMO. Although max DD is ...

FTMO - For serious traders

Yes, out of respect I would never mention others in FTMO thread. Search, due your due diligence, read the rules. There are, in my opinion, 2 I trust 100%, FTMO, of course, being one of them and maybe 2-3 others that I would consider. I will not do ...

FTMO - For serious traders

So spot on. I love it. I am using 2 prop firms (FTMO being one of them) and will be adding a 3rd, possibly a 4th as well. When all scaling is complete, I will be managing 4 million and shooting for about 2-3% PER MONTH. Everyone can do the math, ...

FTMO - For serious traders

I am more of a swing trader andI trade a lot of the crosses, including a couple of higher spread pairs, such as gbpaud and gbpcad. Right now, 3:05 eastern, I have them at 1.3 and 1.5. Euraud at 1.6, eurcad at 1.1. All majors under 0.8 Really can't ...

The5ers - Trading & Growth Program

Why is this in the FTMO thread? Relevance please?

FTMO - For serious traders

Simple answer....classic market maker bullshit, that they have been getting away with for years. It's one of the advantages of being with a "regulated" broker. The other big advantage is the frozen platform for several minutes to sometimes over an ...

OANDA Discussion

I personally don't believe this to be the case. However, to be honest, I really don't care what their business model is. My business model is to get paid from 3-4 different prop firms managing more money than I ever could on my own without the risk. ...

FTMO - For serious traders

I sound like a sales rep for the 5%ers lol. So other than the initial 7%, which you have 6 months to hit, and it takes your account from 20K to 80K, there are no targets. Just trade and take your split. However, when you do hit 10%, whether that be ...

The5ers - Trading & Growth Program

Very solid results. Serious question, as I know the 5%ers scaling program is far superior to most firms I am aware of.....you're peak drawdown is 5.2% , even if we look at deepest valley of 7.7% why not just tweak position sizes a bit and go for the ...

The5ers - Trading & Growth Program

Craziest thing.... I made 1% today with the 5%ers and I didn't need 30% DD to do so, I think it may have gotten up to 0.4% at one point. I must just be lucky.

The5ers - Trading & Growth Program

So, just to be clear... Are you stating you received your new login (which makes sense as it is after every challenge, verification, profit split), you received payment for your refunded challenge fee(s), but you DID NOT receive the 70% of the ...

FTMO - For serious traders

I'm in my second week with 5%ers, been with FTMO since June (funded in September). This is just a wild guess.....but I bet the success rate is that of any other prop firm which is the same as anyone trading their own personal account. If you ...

The5ers - Trading & Growth Program

It's amazing how threads "derail" from what is relevant. Always 2-3 people taking up 3 pages arguing about nothing relevant to the thread. You came on here simply to tell the 5%ers you couldn't use them. What was the point? I don't understand, so ...

The5ers - Trading & Growth Program

It's all a matter of percentages. If you typically allow your personal account to go into 20% drawdown, you trade 1/5 the size, 8%, half the size. Yes, you'll make less profit, however, you are probably not trading a 1.28 million dollar account. If ...

The5ers - Trading & Growth Program

lol. So what was the point of your original post and entire interaction with 5%ers? I am a swing trader as well, with both FTMO and 5%ers. Just a matter of adjusting position size. 5%ers can hold over weekend, FTMO no. So you close and reopen Sunday ...

The5ers - Trading & Growth Program

That actually is a very valid point. Not just this thread, but everywhere you go it's more about how you CANNOT be successful at trading. Of course, always posted by those who can't, so no one else should. To take it a step further, it may even be ...

FTMO - For serious traders

They do not work in the US. There is no insurance/protection or compensation scheme if something happens to the broker. Mater of fact, the NFA/CFTC actually PROHIBITS this being offered to US customers. This is why I do not understand, if people ...

OANDA Discussion

lol. I 100% believe in FTMO, been with them since June 1 when I did my first challenges. Earned a funded account in September. However, these cheesy posts by brand new members of FF make them look ridiculous.

FTMO - For serious traders

I still do not understand how my brokers in Dominica, Belize, the Marshall Islands, etc. can get me my money in 45 minutes, but big, bad "regulated" Oanda takes weeks. Does everyone understand yet that the NFA/CFTC ONLY HAVE THEIR OWN INTERESTS in ...

OANDA Discussion

Lost my first two challenges (simultaneous) this way. Made like 4k on the day, closed 10K in gains, left 6K in losses open. Was on vacation and didn't pay attention to the daily reset. In your case, although hedged, you carried a floating loss to ...

FTMO - For serious traders