Disliked{quote} I'm think of using one of these guys that pass the challenge for you. If you don't trust yourself anymore what choice is there? Or give up of courseIgnored
1
1
prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} I'm think of using one of these guys that pass the challenge for you. If you don't trust yourself anymore what choice is there? Or give up of courseIgnored
Disliked{quote} I'm think of using one of these guys that pass the challenge for you. If you don't trust yourself anymore what choice is there? Or give up of courseIgnored
Disliked{quote} I'm think of using one of these guys that pass the challenge for you. If you don't trust yourself anymore what choice is there? Or give up of courseIgnored
Disliked{quote} You don’t need a prop firm account for trading. Especially for beginners evaluation is really hard. As you have to almost 100 % performance in one month. If you think trading is for you then evalutions with no time limit are better. Actually the evaluation of MFF with no time limit looks better than the 2-phase evalution. Because there is no time limit and you have to do only 10%.Ignored
Disliked{quote} MFF doesn't have a no time limit "evaluation". If you are referring to rapid or accelerated, run the numbers..........as with most no time limit or "instant funding" accounts you are getting no value whatsoever vs. the fee being paid. Not going to explain AGAIN and AGAIN, search my posts, it's all there.Ignored
Disliked{quote} If I have calculated and understood well: the Rapid account is really worth it. Actually a gem. there is no time limit. You get 12 % of target, for 10K target is this 1200. If you can make 1% daily profit of 12K (max drawdown of 100K) then about ~ 70 trading days you pass the test. Then you have 1200 + a funded account. At third withdrawal your profit share goes to 80%, but starts at 50%. Is this not worth itIgnored
Disliked{quote} Couple of things, Rapid will put upto max 3.5% per month it will take atleast 3 months to reach funded account. Which means if you have 100K account you need start with 10K account after 3 months with 10% drawdown. Do you think that is worth your effort? Note : They will pay you 12% monthly of what ever you earned as bonus. Compare it with evaluation. You will earn atleast 50K instead of 2-4K per month if you make 1% daily for 70 days on 100K account. If you compare it is penny wise pound foolish approach. As a side note it is amazing people...Ignored
Disliked{quote} Plan is this. Buy a 100 K account -> overall drawdown is 12000. Think if you have 12K account, forget 100K. Make 1% daily from starting balance of 12K (so 1% not over 100K). Then over 70 days you reach balance of 22000. ( Then you get the funded account you bought , which is in this case 100K account. You said you get 10 K funded account is there some hidden rule that I haven’t seen it And max 3.5% rule per month helps you to not go too fast.Ignored
Disliked{quote} Plan is this. Buy a 100 K account -> overall drawdown is 12000. Think if you have 12K account, forget 100K. Make 1% daily from starting balance of 12K (so 1% not over 100K). Then over 70 days you reach balance of 22000. ( Then you get the funded account you bought , which is in this case 100K account. You said you get 10 K funded account is there some hidden rule that I haven’t seen it And max 3.5% rule per month helps you to not go too fast.Ignored
Disliked{quote} Which is easier making 100K on rapid and wait around 28 months to get 12K of allowed drawdown or pass eval? {image}Ignored
Disliked{quote} You are missing the point. Folks can’t pass eval. That’s why MFF and FTMO exist.Ignored
Disliked{quote} Why do you think if a person cannot pass eval will pass rapid? Eval is fast death but you might get lucky and pass eval but rapid is like AIDs or 3rd stage cancer it guarantees death.Ignored
Disliked{quote} What is your risk of ruin in your system? How many consecutive losses (on average) does your system produce? What is R:R ratio? Figure out these numbers and adjust risk accordingly......here's 1 approach: phase 1........... risk 1% per trade, or more specifically 10% of AVAILABLE DD, let's assume a 1:1 RR. $100K account with 10% DD, risk $1,000. If you lose you now have $99,000, remaining DD is $9K, next trade you risk $900, and so on, this prevents DD from getting too out of control during a losing streak. When in profit, same approach,...Ignored
Disliked{quote} Haha try it and let me know only moron can advocate rapid instead of eval. You identified me because Beauty is in the eye of the beholder If you are that much patient and talented why dont take 1000$ account and make 3.5% per month for 28 months and display result if it is better than eval.Ignored
Disliked{quote} Hi yes you have misunderstood this. You get a 10k live account (which you get paid 80% on) and you can trade the 100k demo account which you get paid 12% on. I’ve been through it and it’s not worth the effort for me but I guess it depends where you are in the world for the time vs payout. Beats working in a sweat factory I suppose.Ignored
Disliked{quote} I’m not advocating the Rapid account. I get that English may not be your 1st language so I will give you the benefit of the doubt. However comparing terminal illness to trading accounts shows you have much maturing to do.Ignored
Disliked{quote} Ok that is what I missed. I thought that they had a good offer . 10% of the account size is not worth it. FundedNext has a similar offer, evalution without time limit, but their target is much larger: 25%. But with too much rules I don’t know if it is possible to keep the account for longer times.Ignored
DislikedI'm think of using one of these guys that pass the challenge for you. If you don't trust yourself anymore what choice is there? Or give up of courseIgnored
Disliked{quote} They have consistency enabled and consistency disabled accounts....avoid any consistency enabled ones.Ignored