Nope you typically have inverse risk to reward ratio. For example if your target is 10 points set limit order standing at 10 points above for buy and below for sell. If you trade micros. You dont even need stop loss you can easily close manually ...

Prop Firm Hub

Also no point in making huge gains on PA account as it will unnecessary enforce Consistency rule. For example for 50K withdrawal threshold is 2.6K so no point in making more than 2600*0.3 = $780. If you make more they will enforce you to make more ...

Prop Firm Hub

One way I am avoiding trailing thing is I put Limit Target order with every buy or sell. It is more important than STOP loss as trailing DD will kill the account.

Prop Firm Hub

Put limit target per order. You don't have to worry about FIFO or trailing thing.

Prop Firm Hub

They can't, I like APEX rule. Total 20 accounts per HOUSEHOLD whether you share with spouse, child, grandfather or granny or LLC

Prop Firm Hub

Yea in Ideal world yes it is better to have one time fee but again in ideal world you don't even need prop firm there is enough leverage available to grow account. If you go to Apex payout website you will see only standard 2K or 1.5K payout as 99% ...

Prop Firm Hub

Yep agree reverse hedging wont work with trailing stops and consistency rules and no news trading. If trader is persistent it might blow multiple accounts to get one payout, instead if he flips coin with proper money management will get better ...

Prop Firm Hub

Nope only daily P&L matters. You can do anything as long as you trade your P&L within a range.

Prop Firm Hub

Why to pay one time fee? If you have 150K account you pay monthly 85$ that will cover 4-5 months of monthly fees if account survives it pays for itself. Yea but here it kind of similar to forex but is more difficult as you need to pass threshold, ...

Prop Firm Hub

Actually they like people passing exams. They get bigger PA fees. It is wrong to compare futures prop firms with Forex. You can't YOLO as almost all of them have consistency rules on PA accounts. Also most user use Ninja trader it is difficult to ...

Prop Firm Hub

Also one needs to keep money in the account, I rather prefer taking out than keeping it as a buffer and prop firm go busted

Prop Firm Hub

Kind of disagree. You start small but once you pass withdrawal threshold and keep buffer it is like unlimited scaling. For example if you make 5K profit in apex 50K account. Your daily lime is 5K and if you make 20K its 20K. Also no commissions up ...

Prop Firm Hub

Same reason they don't ban futures prop firm and ban forex . AMP futures is using bridging same thing is with Interactive brokers. It will come once all forex traders migrates to futures. Also automated trading is not allowed in futures prop firm ...

Prop Firm Hub

Also do monthly PA fees. If account survives 85$ is nothing as compared to 2K. Avoid one time fee its a trap

Prop Firm Hub

Nope. You need to make at least 3 withdrawals on 3 separate months to withdraw everything otherwise there is restriction based on account size.

Prop Firm Hub

Those who want to play with system can reverse trade without news. Not sure how they can prevent it. How they are going to prevent reverse trading with only 1 lot?

Prop Firm Hub

Well this business runs on new signups. Do you think CFTC will stop only with US? Canada and Austraila is already on the queue and once they do Europe will follow. Only one left is UK, one all above is gone why anyone in UK will risk on prop firm ...

Prop Firm Hub

Why don't they ban Casinos . CFTC has already won the battle. If you leave US clients their 50% revenue is gone. This will create issues in withdrawal and reduces signups.

Prop Firm Hub

They are here to do business which relies on failed traders. How would you expect them to come out and say truth? Did Lehman brothers or any firm declare in public regarding things wrong with them. They won't as it will do more harm than good.

Prop Firm Hub

Well if you dry out every other option and propagate regulated propaganda people will fall.

Prop Firm Hub