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- sampat replied Apr 3, 2024
Indices on futures are good but you need hell lot of money for example 1 min NQ needs 20K USD as margin where as CFD might need 1K with 500:1 leverage.
Just learned about hedging, does anyone use it for scalping?
- sampat replied Apr 1, 2024
Yes keeping an account is good but you for that you need to make around 5K to withdraw from 50K to keep maintaining same drawdown. Plus you have to pay one time fee which is 140$. I rather withdraw 2K and keep 600$ lotto money instead of keeping ...
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- sampat replied Apr 1, 2024
I know one trader (youtuber) with 200+ blown PA accounts and withdrew almost 125K. Key is not making all profits in ONE DAY. Making 200-300$ stay under radar and withdraw.
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- sampat replied Apr 1, 2024
Key with APEX is multiple accounts and allows you to withdraw everything (2K with 2.6K target for 50K account) when you reach threshold. If you are trading only one account there are better prop firms like Bulenox etc which allows you to trade news ...
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- sampat replied Apr 1, 2024
ICMarket look always good in terms of spread try to put 20 lots (1 future equivalent) or 100 lots (5 future equivalent) and observe slippages. In future there will not even single tick slippage under normal market conditions. Execution always sucks ...
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- sampat replied Apr 1, 2024
That's why one needs to treat any prop firm as ATM. So once you reach 2600$ threshold why not to withdraw with 2K and rinse repeat or worst case pass another challenge. Any prop firm which pays now doesn't mean they will pay in future. Why to keep ...
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- sampat replied Apr 1, 2024
1:10 for any thing. For example NQ its 20 so micro is 2 US30 its 5 so micro is 0.5. S&P its 50 so micro is 5
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- sampat replied Apr 1, 2024
If you are trading Indices and scalping you will like futures as NO FOREX PROP FIRM including FTMO or you name it won't give you 1 tick spread
For example in NQ minimum spread for any forex broker or CFD is 0.75 which is 3 ticks (3 times ...Prop Firm Hub
- sampat replied Mar 29, 2024
Whats the point in having prop firm if you don't include north America. Most of the signups are from these area because of shitty rules. The demand of prop firm is because of low leverage and worst spreads. If you don't believe see how forex prop ...
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- sampat replied Mar 29, 2024
3 at a time. Once you pass withdrawal threshold (or drawdown becomes static) you can add additional account (with a max of 11)
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- sampat replied Mar 29, 2024
No logic but the way apex is growing and behaving is similar to MyForexFunds (never deny payouts however still people think it was scam but it was best prop firm ever). Any online prop firm is threat to existing brokers. Sooner or later they will ...
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- sampat replied Mar 29, 2024
I believe this will extend to futures prop firms too. I am getting same vibe MyFF used to get for APEX.
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- sampat replied Mar 29, 2024
It is based on unrealized equity. So if your trade is open and unrealized gain is 100$ your drawdown moves to 100+
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- sampat replied Mar 15, 2024
Yea it is doable with micros if minis it has to be scalp. With micro one can trade like swing, Minis are too big to handle with little trailing DD.
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- sampat replied Mar 15, 2024
You can make 10K a day as long as you are willing to make 30K before making withdrawal request. It is actually better than forex prop firms once withdrawal threshold is passed. Consider if you have 50K account with allowed trailing drawdown of 2.5k. ...
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- sampat replied Mar 15, 2024
It is because they started 1 day pass out. Since Dec 27th. So there will be huge payouts but dont forget there will be 10 times more evaluation failures or signups.
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- sampat replied Feb 27, 2024
A man can give birth to a child. Does it mean he gives birth when he just born? In Apex you can withdraw only 2K at a time. Those bigger payouts will get scrutinize. Even the trader who posted million dollar payout got denied payout initially ...
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- sampat replied Feb 27, 2024
I mean if I go for small target like 10 points and limit orders trailing drawdown doesn't impact on running trades and overall Drawdown. Usually trailing will impact when you have bigger target and bigger lot size. For example for 50K account if I ...
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- sampat replied Feb 27, 2024
For profit always limit orders as if I do it market order I had pretty bad experience of lag and I tend to get greedy
. If market reverses it will be double loss even if it goes to breakeven. I cut trade in loss with market order most often but ...Prop Firm Hub