Since most countries regulation do not provide actual "protection", use an unregulated broker with 500:1, only keep what you are actual using on your current trades and the other 85-90% stays in your bank. You move in and out as required. Trader's ...

Prop Firm Hub

You're correct, $20K at 1:6 gives you 120K, where I would need 150:1. It's irrelevant though as in either scenario, you're trading $12/pip with a risk of ruin of $800, which would be 66.6 pips. I would hope neither user is using that full buying ...

Prop Firm Hub

OK, let's say you have $800 to lose with 5%ers, I have $800 in a personal account. We will say risk of ruin 20 trades, so 5 % per, or $40. I will be slightly higher, but we can ignore that fact. If using a stop loss of 20 pips, you are trading ...

Prop Firm Hub

No, if I pay $875 for $800 in allowed DD, my position sizes will actually be slightly larger in my personal account if I simply put the $875 to work there. The %5ers are requiring you to make $1400 with $800. If I do that in my personal account I ...

Prop Firm Hub

The fact still remains you are paying $875/$450, whatever and you can ONLY LOSE less than that and then they take 50% for giving you the "privilege" of funding your own account. We can debate this forever. If I have $800 to lose, whether that be my ...

Prop Firm Hub

When the fee is greater than the DD, put the "fee" in a personal account, you will exceed the "scaling" plan by stage 3. Despite the time pressure of challenge/ verification model, it's a way better deal. Example 5%ers....$875 for $800 in DD, ...

Prop Firm Hub

lol, let me pay $3,000 for $2,000 in DD.....where do I sign?

Prop Firm Hub

Exactly, if anything, these firms should be extending the time to hit the targets. It solidifies the nay-sayers points of these firms just being after fees. So let me go all-in on one trade, pass in a day and here is 100K. Highly unlikely they are ...

Prop Firm Hub

Just had a chat with buoy trade... they are white label of FTMO, 100K eval is $298 and they are not giving 70% split...only catch is there is a 45 day eval to make 10% before the challenge and verification, so it's a 3 step process. Cool thing is if ...

Prop Firm Hub

How about you open an account with Forex.com or Oanda or IG, which are my options in the US. Then after trading with them, come back and tell me how great the "regulators" in the US are. You don't live here, you don't trade here and you have no idea ...

Prop Firm Hub

I can't tell if you are serious half the time. That "list" consists of some of the shadiest brokers in the world. Yes, they are "regulated". It does not mean anything. Constant price spikes, frozen platforms. The conditions are atrocious, not to ...

Prop Firm Hub

Spreads are fantastic except for approx 1 hour after rollover.

FTMO - For serious traders

And the same thing happens when some inexperienced trader puts his money in an account with a broker..... dreams of riches, blowing one account after another. If your goal is to "save" the inexperienced trader, you really should be targeting the ...

Prop Firm Hub

Correct me if I'm wrong....but are these jobs where I must go into an office location? If so, we are now comparing two completely different things here.

Prop Firm Hub

Except for the fact I can put their fee in a personal account and have more $$$ by stage 3 than their "scaling" plan and not have to give up 50%. FTMO----10,000 DD for $640 5%ers--- $800 DD for $875 hmmmm..... can't decide

Prop Firm Hub

But why give up 50% for something I can simply do on my own? Actually, I can trade slightly larger sizes by putting the "fee" in a personal account.

Prop Firm Hub

But if they do that, they would actually have something at risk. The way the model is now, as you know, fee you pay is greater than amount you can lose. There is no benefit to the trader vs. putting the fee in a personal account. As their model ...

Prop Firm Hub

Only way to see for yourself is buy a 5%ers eval, put the fee in a personal account and trade them side by side, exactly the same. It's the only way to truly grasp what we are explaining. If you have $400 DD with the 5%ers and the $450 fee in a ...

The5ers - Trading & Growth Program

OutThere is absolutely correct. I'll use the 10K eval model, but the math works with any of them. Simply put, if your "fee" is larger than the DD they are allowing, your personal account will exceed the "scaling" program by Level 3. Using a risk of ...

The5ers - Trading & Growth Program

I have 10,000 max daily DD with FTMO, my R per trade is 1,000, my rule is 3x R and I am done for the day. However, if a trade is going against me, I never let it run all the way to the stop, I get out and look for a better entry or move on to ...

Prop Firm Hub