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- pipmaster77 replied Jan 7, 2025
Mistake #1.....you spent your life savings on a prop firm challenge. How can you possibly trade effectively with that kind of pressure?
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- pipmaster77 replied Jan 6, 2025
Yes, buy 3, pull the 6K per "live sim" account and move to live. After that, doesn't matter what they do. Goal is 50 live sim and/ or live accounts across 9-10 firms, pull $100/day and copy it to 50. I have a modified, lower-risk Monty plan. I'll ...
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- pipmaster77 replied Jan 6, 2025
I'm telling you guys....the forex guys coming to futures will be the same scammers.......avoid them regardless of discount. Only exception is My Funded Futures, but Matt actually anticipated and started prior forex prop world blowing up. He was ...
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- pipmaster77 replied Jan 3, 2025
This was a fantastic experiment and great job. $1,518 for 62.5K DD is awesome. Those 300K accounts allow $3,500 max, so with 10 accounts, $35,000 payout potential every 8 days.......potential for a 100K month. The math point here is, even though you ...
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- pipmaster77 replied Jan 3, 2025
Exactly, so I would say step 1 is to become profitable. Right now, you are worried about issues that do not pertain to you. Worry and stress is the most useless emotion humans have. I always tell folks to journal for a year everything that they lose ...
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- pipmaster77 replied Jan 3, 2025
Well, except in the US, where, of course, they claim to have the best regulation........you can ONLY trade with market makers with ridiculous spreads and deceptive practices. You would think it would be the opposite, but we all know how the game is ...
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- pipmaster77 replied Jan 3, 2025
You are not losing money due to the brokers or prop firms though. Have you ever been due money and been denied? From any company?
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- pipmaster77 replied Jan 3, 2025
Never even been denied/refused offshore with the dreaded "unregulated"......Tradersway, FX Choice, Coinexx, Eagle FX, etc.
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- pipmaster77 replied Jan 3, 2025
Futures (95% now) all have path to live, after certain amount of payounts or $$$$ amount in "live sim", you are moved to live....it is their way of taking profitable traders off the balance sheet as a liability.
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- pipmaster77 replied Jan 1, 2025
So the DD is $625 with a 2K target. However, once in the funded the buffer is not DD plus 100 as the otheres, it is $2600, like a 50K trailing account. I get the huge benefit of static, but everything else sucks on that plan.
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- pipmaster77 replied Jan 1, 2025
It's the prequal to "Breaking Bad".......both excellent shows.
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- pipmaster77 replied Dec 31, 2024
Tradeify, I believe you can withdrawal $1,500 from the buffer, APEX is only $500.
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- pipmaster77 replied Dec 31, 2024
Not sure I understand the benefit.....when my eval hits the profit target, I will stop trading. What is the difference if it stops trailing? Is my brain not working today? Am I missing something?
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- pipmaster77 replied Dec 31, 2024
Yes, at 90% off it's like paying an extra $16 to go STF, if you buy 40 @$640, pass 20 and then you essentially pay same as MFFU, without the eval and you can have 20 accounts. If I were to ask anyone if they would be willing to pay $640 for the ...
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- pipmaster77 replied Dec 29, 2024
Yes, on the STF model, DD per $$$ is the #1 criteria. However, with the eval models, target to DD is more important. The $150K on STF is the best value as you do not have to pass an eval on the eval model, most give you 7500DD and you need to make ...
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- pipmaster77 replied Dec 28, 2024
Certain ruile changes I view as done for long term sustainability, which benefits both firm and trader. This is what I see the futures firms doing. The forex props invent rules simply to make you fail and/or deny payouts. That is the differenece ...
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