- Search Metals Mine
- pipmaster77 replied Jun 20, 2021
Completely agree. FTMO is the gold standard. I do hope some of the others do work out, as the competition is good for all of us.
Prop Firm Hub
- pipmaster77 replied Jun 20, 2021
5% DD for the 3 challenges, if you complete it's 100K account with 4% DD for $300. Scaling every 5% up to 3 million. $300 for 4K DD is as good as any deal out there, 3 challenges is more than anyone else, but you are not paying anything upfront.
Prop Firm Hub
- pipmaster77 replied Jun 20, 2021
same here, clicked on summer plan, put in details and hade account in like 10 minutes. From what I understand, they are out of stock right now, though.
Prop Firm Hub
- pipmaster77 replied Jun 20, 2021
Mine took two days. They are adding staff just about daily. They have said the account provisioning will be 100% automated very soon. You will get your credentials pretty much immediately once that is complete.
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- pipmaster77 replied Jun 19, 2021
Exactly, if anyone has a 6 figure account, there is no need for a prop firm. To be honest, really not a need to post or discourage those of us that don't have the funding "yet". The entire space of prop firms would be completely not applicable to ...
FTMO - For serious traders
- pipmaster77 replied Jun 18, 2021
Nice job, I am trading that thing so small probably going to take 3 months lol. At the end....$300 for 4K in DD is a pretty good deal though.
Prop Firm Hub
- pipmaster77 replied Jun 18, 2021
MyForexFunds, the 5%ers, both allow holding through the news. With the 5%ers, I ONLY recommend the "summer plan".
Prop Firm Hub
- pipmaster77 replied Jun 17, 2021
Exactly, with all of the new ones popping up and the fact that 80% will probably be gone in less than 6 months, very important to know which ones will be around long-term. More important than the fee is the time required to get to the funded stage. ...
Prop Firm Hub
- pipmaster77 replied Jun 17, 2021
So if a trader is consistently profitable month over month with a prop firm, let's use FTMO as an example, as they payout over a million per month......Do we think they ever copy those particular traders? I mean, that would actually be a smart ...
Prop Firm Hub
- pipmaster77 replied Jun 16, 2021
18. I got to within $1900 in 10 days and then got careless trying to hit it too quick
Prop Firm Hub
- pipmaster77 replied Jun 16, 2021
No, I don't like to have the same trades in any more than 2 accounts at once. Variety of reasons....different restrictions, loss limits on the props, different systems fit better with each firm, etc. Right now, I have FTMO, personal account, then ...
Prop Firm Hub
- pipmaster77 replied Jun 16, 2021
Mine, in no particular order... FTMO- have passed 2 challenges, have 200K in funding and can confirm they pay MFF- currently waiting for stage 2 credentials, great experience so far. Have talked with folks on the "inside". They improve every day and ...
Prop Firm Hub
- pipmaster77 replied Jun 16, 2021
Right. I'd say with 100% certainty, that if they don't proofread their vision statement, probably best to stay away. I mean "vission"
Prop Firm Hub
- pipmaster77 replied Jun 15, 2021
What I really don't like here is changing the rules AFTER you've signed up. That is not what you signed up for. If they wish to change the rule on new traders, fine, but they should absolutely honor the rules existing customers signed up for.
Prop Firm Hub
- pipmaster77 replied Jun 15, 2021
lol. Yes I guess it does lend some entertainment value to the thread. Great point.
Prop Firm Hub
- pipmaster77 replied Jun 15, 2021
Yes, but we all know there are 3-4 on that list that are established, pay out and aren't going anywhere. I think if we designated those brokers, it may save a lot of people from getting burned by the others. The fact that one just disappeared ...
Prop Firm Hub
- pipmaster77 replied Jun 15, 2021
Yes, I understand with larger sizes, greater risk of slippage. My pivot trades with a bunch of small entries I can hold right through rollover with no worries, I can sleep with no worries. My larger, intraday positions, I am glued to the screen. I ...
Prop Firm Hub
- pipmaster77 replied Jun 15, 2021
100 lots with a 10 pip stop is the same as 10 lots with a 100 pip stop is the same as 1 lot with a 1000pip stop, etc, etc. The risk isn't determined by lot size alone. One of my systems is weekly pivots, entering multiple small positions within a ...
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