If that development continues (=> higher passing rate of funded traders in percentage) there are 3 options for the (FX) prop firms: 1.) Higher challenge fees to compensate more and higher payouts from all the challenge takers. That makes it less ...

Prop Firm Hub

Also I noticed there are more and more prop firms recently with more rules about what they say to us is forbidden trading style. That is a bad development and also a sign that the crowd got more professional or more probably the bad traders gave up ...

Prop Firm Hub

Yeah, but it is not only that. Have you seen that youtube video above about their recent (!) prop firm passing statistics ? This is very alarming too. They cannot survive. With they I mean all the props with similar statistics. If only the real pros ...

Prop Firm Hub

url 2 Step Challenge: The maximum drawdown is 12% on Evaluation #1 and Evaluation #2, while the maximum drawdown will be 10% and daily drawdown will be 5% on the funded account. If the trader reaches the drawdown limit, they will be disqualified ...

Prop Firm Hub

Probably too good. Here is one latest trustpilot review without knowing all the details: " Watch out UPDATE - support staff have informed me I have no breached a rule so they are just refusing to pay me. I am currently trying to get a 37k payout ...

Prop Firm Hub

The only left question I have is, if they do payouts and then how much (in percentage of max. capital) you can make with them before you get problems with them ?

Prop Firm Hub

The question is then, if you want to build your position on multiple entries if each position needed to be with higher floating profit or just the average price of all orders?.

Prop Firm Hub

cannot does not mean anything you know...because then it is just a grey hidden rule ? (as you get know this in detail when you failed because of that (if they ever explained in full detail to you)).

Prop Firm Hub

I do not think there is a specific time period you need at least. It really depends. 6 months can be sometimes sufficient (on tick data for example) versus sometimes you would need 10 years of data. But the key is to adapt over time, as there is ...

Prop Firm Hub

I also would say in addition the statistic facts I got from different websites for being consistent profitable with or without trading experience, it depends on volume and volatility too (more is better). So for daytrading you need low transaction ...

Prop Firm Hub

It is in the definition how one is defining martingale strategies as this is prohibited at CTI. If you already cannot enter with same lot size when you are in drawdown, then this is also DCA considered (normally), but here as Martingale. So it ...

Prop Firm Hub

Speaking of the odds of being consistent profitable as experienced trader, where you should have a decade of market experience. 7.7% of all experienced traders can trade consistently. Only 3% of day traders make consistent profits. => So swing ...

Prop Firm Hub

(more) experienced to non (or less) experienced traders compared...

Prop Firm Hub

"According to experienced traders approximately 33% of traders are able to profit over a 3-month period whereas the percentage of those market participants who trade consistently, on a yearly basis stands at 7.7%. This suggests that more than 92% of ...

Prop Firm Hub

Exactly.

Prop Firm Hub

It is not the same. A broker that is b-booking is not the same like prop because on the broker you can withdraw anytime your profits and for sure you can always get your "payout". On props there is a serious risk of not getting your payout or funded ...

Prop Firm Hub

On Christmas probably not but it might be on Black Friday end of November. If not on Black Friday then very rarely or at no time any discounts.

Prop Firm Hub

Which 13 prop firms are affected by this ? "Easton Consulting Technologies is the shadow company allegedly running more than 13 prop trading platforms, including Rocket 21. It is a limited liability company registered in Florida in 2021, and is run ...

Prop Firm Hub

It just reminds me that most or nearly all props do not give you a proper bill when you have bought a challenge. That can only cause problems when you want to declare your expenses on the tax side. It might be well intended that you should not tell ...

Prop Firm Hub

All the websites of the prop firms, all of them no exception even on FTMO, make only sense in their marketing purpose if that is true what they say. So as conclusion some significant amount of trades must be copied or A-booked by the prop firm to ...

Prop Firm Hub