- Search Metals Mine
- Nsak3y replied May 26, 2022
As a trader, one of the best skills to learn early on is how to quickly adapt to the changes in the market, this is especially true for scalpers. Automated systems need human involvement. Maybe there are existing systems that are based on high-level ...
Prop Firm Hub
- Nsak3y replied May 26, 2022
-Haha. He answered nearly all of them. The maximum trading days rule for evaluation accounts should be 30 and 60, I believe, instead of 7. If I recall, youtuber Cue Banks is behind TTT. When I first looked into them, I was not overly impressed as it ...
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- Nsak3y replied May 26, 2022
-Yes, The Funded Trader has some inconvenient rules that some traders may need to be aware of: Lot size limits News trading restrictions (even for indices) No EA's (not even for risk management/stop-loss) Permanent ban if challenge is failed on day ...
Prop Firm Hub
- Nsak3y replied May 26, 2022
-Yes. There are a lot of criteria that can be compiled. Some firms have very strange and/or inconvenient rules that are enough to kill my interest. A few possible data points, in no specific order of importance: Date established? Location and ...
Prop Firm Hub
- Nsak3y replied May 26, 2022
After a few days and much back and forth, rewording the same question over and over again, I was finally able to get a reasonable response from True Forex Funds regarding scalping and short position times: [I] Let's hope that this is true and that ...
Prop Firm Hub
- Nsak3y replied May 25, 2022
-Thanks a lot. I appreciate it. Will need to inquire about their contract sizes and round-turn commissions. Someone claimed nearly $10 a few pages back. I will contact their support and ask. EDIT: Support states that round-turn commission for NASDAQ ...
Prop Firm Hub
- Nsak3y replied May 24, 2022
-Thanks. I appreciate it. -No. If they were a broker and I was depositing 6 figures, then sure, I would want assurances. But there is very little risk involved with these prop firms and bad news spreads very quickly.
Prop Firm Hub
- Nsak3y replied May 24, 2022
Hearing mixed opinions regarding E8. Some are saying bad spreads/commissions, and others are saying good. Curious about this. Especially curious about how things are for Nasdaq, if anyone is willing to share. Thanks.
Prop Firm Hub
- Nsak3y replied May 22, 2022
Interesting details about E8. They should consider making this information more accessible and known to the public. Thanks for sharing.
Prop Firm Hub
- Nsak3y replied May 21, 2022
30 seconds to copy trades? No way. If that is true, then that is unacceptable in my opinion.
Prop Firm Hub
- Nsak3y replied May 21, 2022
-Not really. -If a trader loses his/her account after being funded, prior to getting their refund back, then that is a complete failure on their part. Not much to say about that. Nonetheless, when I used the term 'once funded' I was obviously ...
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- Nsak3y replied May 21, 2022
-I personally think that this is the smart approach. No worry of being at risk for taking on certain tax advantages that may not be applicable, but also avoiding various licensing requirements that may be involved with money management, investment ...
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- Nsak3y replied May 21, 2022
-Do not forget the important fact that, once funded, you are trading without any risk whatsoever (in most cases). The value of that is much more difficult to quantify.
Prop Firm Hub
- Nsak3y replied May 21, 2022
For those of you that have accountants/CPA's, I am curious if you have spoken with them about the nature of these prop firms and how they operate. For those that live in countries with capital gains tax, I am curious how you all are treating your ...
Prop Firm Hub
- Nsak3y replied May 21, 2022
-I do not know anything about it, however, it is possible to earn enough profit in that amount of time to pass one of the challenges, but you would have to take on serious risk to do so. But, risk is subjective. If a trader is doing 5+ figures ...
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- Nsak3y replied May 21, 2022
-Sorry. I thought that you might have. I did check out their site yesterday. I did not like the fact that they have so many nag screens, and that they required you to sign up before you could see the details of what they offer. It felt very ...
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- Nsak3y replied May 20, 2022
-Have you signed up to see what they are hiding behind the curtain?
Prop Firm Hub
- Nsak3y replied May 19, 2022
Did you guys change the scale-up structure for the Freestyle account? I thought is used to be 50K->100K on first scale-up. Thanks.
The5ers - Trading & Growth Program
- Nsak3y replied May 19, 2022
-What's worse is that the 16% is likely based on account size and not draw-down allowance, so it really equates to flipping the account or more. I asked the founder if they would be willing to reduce it, but at that time, he claimed that it was what ...
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