Yes, probably. I also see the discount for a 100k challenge but I wouldn’t want to buy this one before I even made it though the 10k and at least received a payout. image

Prop Firm Hub 2.0

Ok. Well, i’ve just checked to see if I could buy another 10k challenge for 89€ and I can.

Prop Firm Hub 2.0

I purchased a 10K Challenge on June 8th at the discounted price of €89 instead of €155. No VAT. Only a transaction fee of €2.67, which totaled €91.67, and that's all I paid. Regarding your other concerns that FTMO isn't trustworthy, I can only say ...

Prop Firm Hub 2.0

Agree. Since beginning of August, I’m trading a pure systematic Opening Range Breakout EA on 5 stock indices but so far it doesn’t seam to deliver the necessary results.

Trading for a living

Thank you. Good post!

Trading for a living

I can only speak for myself. Yes, it's clever marketing, and you have a higher risk of total loss if you calculate the same percentage risk based on your Account Balance than if you calculate it based on the Maximum Loss Limit set by the prop and ...

Prop Firm Hub 2.0

So far, even the monthly fee isn't worth it for me. My DARWIN is currently at 0.15% return and 4% drawdown. According to the DarwinIA calculator, it would need to reach +5.2% by the end of September to secure the minimum rating of 75 and thus at ...

Prop Firm Hub 2.0

You would need an +11.3% profit with your DARWIN to cover these costs (excluding the monthly subscription fee). 100000*0.113*0.15=1695 With the 15% profit share, you would then make $150 for every additional +1% profit. 100000*0.01*0.15=150

Prop Firm Hub 2.0

Yes, but firstly, with the prop firm, you are compensated from your account balance and not from your drawdown limit. And secondly, you are not forced to calculate your risk based on the maximum drawdown limit; you can also use the account balance ...

Prop Firm Hub 2.0

Yes, that's right but I don't think you see what I mean.

Prop Firm Hub 2.0

I don't see the scaling plan being funded by the profits you make? If the5ers doubles your account balance every time you make a 10% return, that's still an advantage over trading your own $260 account since the balance wouldn't be doubled every ...

Prop Firm Hub 2.0

I don't think in stereotypes. I do whatever I like. I'm also good at distinguishing reckless gambling on tilt from a more professional approach, just as I am with trading Regarding to prop firms. I see this as an opportunity to gain more capital for ...

Trading for a living

So you think the scaling plans, which allow you to build larger capital, don't offer any advantages? Let's take the 10k account in the Hyper Growth program as an example. Yes, you pay a one-time price roughly equivalent to what you could put into ...

Prop Firm Hub 2.0

I was thinking about the Hyper Growth program because it's only a single evaluation phase, and you'd probably recoup your costs faster that way, even though the initial drawdown for the 10k account (where you start with 5k) is 6%, which is $300. The ...

Prop Firm Hub 2.0

Hehe. I'm not sure if I've done myself any favors by posting a topic like this, but I've already gotten some inspiration from a few posts, especially yours. I agree. At least, that's my hope. Whether it will work for me remains to be seen. Yes, ...

Trading for a living

Hi Dave. Yes, it can be fun, but it can also quickly become addictive. According to my online betting provider's transaction history, I've already placed 1,700 bets this year. I exclusively bet on football matches because I know that pretty well. I ...

Trading for a living

Thank you and continued success. I think 5ers would also be an option for me, alongside FTMO. I'm not quite sure yet which program would be the right one (Hyper Growth, High Stakes, Bootcamp).

Prop Firm Hub 2.0

Just saw "paid subscription." No, I wouldn't want to pay for a signal service or anything like that but you can send me the information, I’ll look at it. Otherwise, you're right. I would prefer to have a very objective, rule-based trading approach ...

Trading for a living

Yes, the wheels strategy. But as you already said, it seems very capital-intensive if you want to generate any significant income from it, and probably not something you can do with a prop trading firm, even if it might otherwise be a legitimate and ...

Trading for a living

What does momentum mean to you and how do you identify it, and more importantly, what do you do if you don't have the whole day of time available to look for a suitable trade entry based on your criteria? I spent almost 8-10 hours a day for a full ...

Trading for a living