Now this does sound appealing at first read. I have not visited the site but what you posted sounds great. I like the fact the 8% is used as a security deposit to cover the DD ... professional statement right there! I have no idea of what this firm ...

Prop Firm Hub

Thanks for sharing many of your trading ideas togerhard. If you wish to be involved in a HRT competition please post your intentions to this thread to say you wish to be included. Next one will be May 2021 so all traders wishing to be involved ...

GamblerPro

Yes they will scale it. Provided 10% gain over a 4 month term occurs and the balance at the time of scaling is positive and at least 2 of the 4 months were net positive gainers. Then its 25% increase to trading capital. ” Capital increments on the ...

FTMO - For serious traders

I doubt any trader alive would make it to the 10 million account under their current trading conditions. Yes it is really stupid. Masterrmind ..........

Prop Firm Hub

Thanks Jinsen. Lux Trading ... need lots of luck to make it through and even more luck to be consistent! 4% max relative DD is just too tight and too nasty for the trader, no room to move much. Leverage of just 10:1. Far better choices out there ...

Prop Firm Hub

Some great comments in your post. I am trading well within the trading objectives set by the firm passing everything except the PT. Currently sitting in a DD hole at the moment bouncing around the 2.5% level underwater but I have plenty of time ... ...

Prop Firm Hub

There is absolutely no need for me to rush things. Multiple options are available. Masterrmind .......

Prop Firm Hub

I tend to look for setups in either direction. Although when I'm starting off in a fresh account I am looking for somewhat of a trend continuation be it after a pullback or not. The reason is simply that I want to start off at let's say 1 lot on a ...

Prop Firm Hub

Agreed. The time constraint can be a major hindrance and a reason for over trading on the aggressive side which puts the trader under slot of pressure. If I manage to get this account back into positive territory and time is against me I am likely ...

Prop Firm Hub

Best wishes for your challenge Mtinifx. Masterrmind .......

Prop Firm Hub

Just be aware of the immediate DD when opening a position in Bitcoin. I'm seeing a spread around $143 per 1 lot over the weekend. At 1 lot you get $ for $ so if Bitcoin moves 1000 so too does your equity, up or down as the case may be. Careful here ...

Prop Firm Hub

Subjectivity can massively disadvantage the trader. Definitely stay away from these operations, clearly they are in it for themselves offering little flexibility to the hard working trader. Masterrmind ........

Prop Firm Hub

You think 2.5% in DD is huge ?? Weekend trading had very little impact at all. The path to the current DD level (2.5%) has been the result of a week's worth of trading. Still trading well within the trading objectives so I'm ok with that. It's a war ...

Prop Firm Hub

Precisely. Traders need to avoid these firms. Masterrmind ........

Prop Firm Hub

Agreed. Traders need to be very aware of what a trailing drawdown entails. Its of no benefit to the trader whatsoever, simply very very tight control by the firm. Yes and the withdraw time frame ... crazy ! Masterrmind ........ ...

Prop Firm Hub

Leeloo ... OMG. 300k challenge 30 contracts 20k profit target 7.5k trailing DD $675 per MONTH !!!!!!! I checked it out .... Now bin it ! Masterrmind .......

Prop Firm Hub

Normal mode for 200k challenge. It's the only option. Masterrmind ..........

Prop Firm Hub

Yes so many to be very very wary of; as you say sites popping up like crazy. Masterrmind ......

Prop Firm Hub

Nicely done. Masterrmind .........

Prop Firm Hub

Certainly each trader needs to find their own comfort zone with these Prop firms. I hope all goes well in your challenge. Masterrmind .......

Prop Firm Hub