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- wmwmw replied Aug 6, 2022
Normal time. Nowaday all traders exchange information on web. If a good broker delay a withdrawal from a trader, this information will spread on the net so fast that on the same day there will be many traders withdrawing their funds from this ...
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- wmwmw replied Aug 6, 2022
I never said brokers don't have slippery. I said"BAD SLPPERY". That means a slippery that exceeds the normal range.
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- wmwmw replied Aug 6, 2022
That is the problem. People say B-book is bad not because they cheat on traders, but because they can stand on the opposite of trader's trades. Having conflict interest with traders is not illegal, cheat is illegal. But people equate these two ...
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- wmwmw replied Aug 6, 2022
Your explanation is not convincing at all. If a B-book does bad quotes and slippery to traders, sure traders will know and leave it, and that is not in the interest of B-book itself.
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- wmwmw replied Aug 6, 2022
So according what some people described, a B-book is just as a prop firm, it trades against traders. So why a prop firm does not abuse traders but most people think B-book abuse traders? I don't see the logic. If a B-book can do something illegal to ...
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- wmwmw replied Jul 31, 2022
Trend trading DNA is no better than MFF. Take 50000 challenge as an example: TTD fee is $549 while MFF $299. If you consider MFF drawdown is 12% while for TTD it is 10%, then for same drawdown TTD fee is 220% of MFF'. Although TTD profit target is ...
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- wmwmw replied Jul 30, 2022
On your list e8funding has highest score with 12.2, and its max DD is 14%. But I went to their website, they says max DD is only 8%. What am I missing here?
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- wmwmw replied Jul 29, 2022
If you have a losing position and want to hold it to the next day, just close it before the end of day and immediately reopen it,so you will have same position but with a new balance, which will not reduce your next day 5% drawdown.
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- wmwmw replied Jul 29, 2022
This video also misunderstood FTMO's daily 5% loss limit rule. FTMO's daily 5% loss limit is same rule as MFF's 5% daily drowdown rule. Both firms count floating position unrealized loss. Here is explanation from FTMO website for FTMO's daily 5% ...
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- wmwmw replied Jul 29, 2022
You misunderstood MFF's rules. Chat with MFF staff to clarify. I had MFF challenge and have funded account now. Their drawdown is the same rule as FTMO, except their drawdown is 12% instead of FTMO 10%. My MFF challenge has once won 6% and then down ...
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- wmwmw replied Jul 29, 2022
Everything you said is wrong. 1.MFF allows unlimited retakes from beginning, when FTMO still did not allow.It was FTMO who changed rules later, not MFF. 2. What you said in your second sentence is a trailing drawdown. Both MFF and FTMO have fixed ...
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- wmwmw replied Jul 29, 2022
What FTMO offers, Myforexfunds also offers, and even better. MFF ' extension does not require you to finish in profit >=5%. And MFF costs much less than FMTO.
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- wmwmw replied Jul 27, 2022
The most likely near term direction for EURUSD is up. The two important factors that impact EURUSD are: 1. US equity. 2. US 10 years notes. Both of them are going up, so to drive EURUSD up。 Today Powell's comments is literally saying rate hikes is ...
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- wmwmw replied Jul 26, 2022
1917 divided by drawdown, not bu nominal amount. It should be more than 100%.
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- wmwmw replied Jul 14, 2022
Because it makes the passage of challenge significantly tougher. When it lowers your risk, it lowers the probability you can pass the challenge.
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- wmwmw replied Jul 11, 2022
Earn2Trade does not have a time limit for challenge like MFF. You can trade any long till you pass. But they charge a monthly fee. Their profit target is 200%. So those who passed Earn2Trade challenge pay a lot more than MFF.
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- wmwmw replied Jul 9, 2022
Everyone seems to assume prop firms can only make money by betting against traders, just like casino bet against gamblers. They don't have to. Prop firms can also make money by following good traders. If they can figure out a system that can filter ...
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