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- CableJ replied Aug 10, 2023
With 100% leverage + balance based DD... My funded fx are asking to get wrecked by huge payouts from overnight position traders scaling into large positions during a strong trending market. That's what happened to FTMO last year before they caved ...
Prop Firm Hub
- CableJ replied Aug 10, 2023
I started updating that one out of curiosity over a year ago.... the main spreadsheet with all the prop info is done by forexbali
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- CableJ replied Aug 10, 2023
Updated... image As Takisd mentioned funded next is also in there between TFT & My Funded FX, but I don't track them. 5%ers needs to grow a pair and increase their max allocation to High Stakes, that program seems to be resonating with traders way ...
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- CableJ replied Jul 31, 2023
The long term viability of the online props is starting to look more shaky. I plan to change my approach to more short term thinking than long term. I will split my total funding into 4... trade 25% @ a time at higher risk to 3-4% target & stop to ...
Prop Firm Hub
- CableJ replied Jul 31, 2023
Have you seen what has been happening in crypto vs. the SEC? They shoot first and ask questions later.
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- CableJ replied Jul 31, 2023
Oh wonderful... a prop firm owner runs a side hustle ponzi scheme & gets sued by the SEC. While we're at it, let's look over his prop firm's books... hmmmmmmm this looks like another ponzi scheme. This is definitely not a good development! I wonder ...
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- CableJ replied Jul 22, 2023
100K account FX majors with a 5-23 pip sl, I trade 9-40 lots @ 2% risk per trade during Phase 1... calculated gambling yes... but it works for me and likely Navk too. If you want to pass quickly, you do what you have to do. How you handle risk on ...
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- CableJ replied Jul 21, 2023
Anybody change their phase 1 risk approach based on unlimited? Josh @ MFF mentioned that it's basically a marketing gimmick & not much will change. He also thinks less people will pass now since a large % that eventually passed phase 1 were lucky ...
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- CableJ replied Jul 12, 2023
If we could just get regulators to take out eightcap and leave everyone else alone that would eliminate alot of the problematic firms, but that is not reality. Regulators are currently pre-occupied with eliminating the competition for upcoming ...
Prop Firm Hub
- CableJ replied Jul 11, 2023
I personally don't believe in the viability of unlimited props. Even with a high sharpe ratio system, with the time limited evals I still lose challenges 35% of the time and feed the beast. With unlimited time, I would simply reduce risk and never ...
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- CableJ replied Jul 11, 2023
@ 1% risk per trade, I would typically have 4 or 5 months a year that could pass MFF (>8%) and 3 maybe 4 months that could pass FTMO/TFF/TFT (>10%) phase 1s. The other months would end up slightly negative months blowing the challenge or require ...
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- CableJ replied Jun 20, 2023
My assumption is that if the 2 props are using eightcap on the backend then they have the information to shut you down.
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- CableJ replied Jun 20, 2023
I don't believe it was fake, but if I recall correctly, he almost violated the daily limit so he definitely traded @ high risk per trade. He also has the bank roll to keep blowing accounts @ high risk until he eventually ran into a great month with ...
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- CableJ replied Jun 20, 2023
There are quite a few of us on here that have received at least 2 payouts on an account before going bust. Last 12 months... 1st 6 months every month was a payout month, last 6 months I've been mostly alternating small losing months and payout ...
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- CableJ replied Jun 9, 2023
It really depends on your system's accuracy and if the market cooperates enough for you to get lucky while over risking. I roll with 2% risk in phase 1s and have failed about 28% of the time over the last 1 1/2 years, if I run into a losing streak ...
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- CableJ replied May 3, 2023
I wonder what's the reason for having 1 set of conditions in phase 1 then more realistic conditions in phase 2?!?!?!? Why not just have realistic conditions at all times period?
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- CableJ replied May 3, 2023
video What's your opinion on the above discussion on regulatory action & prop firm slippage?
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- CableJ replied Apr 21, 2023
@ Takisd I recall @ one point you were trading up to 200 lots with MFF. That's = to about 40 lots of dow mini futures with only 5 lots available top of book (25 mff lots), so what was the slippage like to fill that many lots live @ MFF?
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- CableJ replied Apr 21, 2023
You just described the fantasy land feeds of FT + TPT and both are gone.
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- CableJ replied Apr 21, 2023
The past 2 weeks have been completely dead trading the Dow. There's just not much going on, the daily atr's have fallen off a cliff. I rarely have off days trading the indices and today will be my 10th off day so far this month. I'm in the middle of ...
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