Trailing EOD

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Forex firms are notorious of mending rules if you make money and receive large payouts. If traders make 1%-2% they are ok but larger they will make up shit rule like you can't risk more than 1% per trade etc which is worse than 20% consistency and ...

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I feel somehow starter plan is best but with discount expert is also not bad as there are no rules and no cap on payout.

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I think MFFx is using CFD as side business main focus is on futures. Their max allocation is 200K for 2 step challenge.

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Yes only for challenge accounts not for direct funding accounts.

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One thing to note here is TickTick challenges will have daily drawdown violation even if you cross threshold. For example for 50K account they have 1250$ daily loss limit and they allow at max 7 contracts without scaling from day 1. If your balance ...

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It is because of contango effect and reverse is called backwardation. Usually happens during rollover dates. video

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Well usually in opening range traders put take profit orders because it is too volatile and it gets hits less than 10 seconds as targets are 20-40 ticks.

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I am really having hard time understanding why opening range is not allowed, Is it because it has high winrate because one of the youtuber was doing trade copy on amp futures account from apex on quantower and his fills were exact same as sim ...

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In short news straddle and morning opening range straddles are not allowed.

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Exactly...They advertise like they are doing traders favor . I wonder what's the real benefit imagine if trader makes 5k and topstep decides to move him to live holding all other accounts. How much he is going to make with 2.5K (assuming ...

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What are the rules for creating Live accounts? Some firms like top step and blusky allows more than one some allows only one....Some allows only live not sim together...

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It is hard to cheat prop firm because they can deny payouts at any time with any reason. Look at their advertisements for example TickTickTrader they say 250K account with 12.5K drawdown. Do you really have 12.5K? There is biggest misconception in ...

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How it is different from apex 50$ 150K account or myfunded futures 80$ account? If I buy 10 150k account and YOLO them on 10 different news I can pass atleast 2 of them. Straight to funded is not sustainable when you don't have a way to get rid of ...

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[quote=montygoldy;15061982] Also these direct funding is equivalent to 1 phase trailing dd forex challenge with consistency where one has to make equivalent to available drawdown to see minimum payout. These prop firms have pretty unique way of ...

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[quote=pipmaster77;15061944] Yep they will be happy if you withdraw because u make 200 a day daily and make around 1K withdraw 500$ and all your account drawdown gone only left with 500$ no matter how big your account was earlier.

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Now Direct To Funding is like more restrictive for example Tradiefy will move traders to live account after 4 payouts with max balance of 10% so if traders has balance more than 15K on 150K account they will get only 15K live account (after 4 ...

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Looks like futures prop firms are exactly opposite of forex prop firms in case of direct funding especially bigger accounts. Compare with any top prop firms for example topstep 150K fees is 150$ and one needs to achieve 9K profit with 4.5K drawdown ...

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They say its average but I bet its software that is flagging it. So with 5:1 risk to reward you can't close trade to breakeven if it is in drawdown. Basically apex wants to trade like robot put SL and TP dont touch any thing in between. Instead of ...

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I think the biggest reason people are being denied is because of a risk management rule that wasn't a rule until the new 3.0 update. It is the floating 5:1 R:R rule. Most are only focusing on the 30% drawdown per trade, but there is an explanation ...

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