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- CableJ replied May 29, 2022
That is true... at the very least, those with experience would have significantly less blown accounts from pure clownish trading behavior due to having a full understanding of risk management and when to avoid trading (ex. 4:55-7pm est & near major ...
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- CableJ replied May 29, 2022
Fidelcrest wants you to do 100% on drawdown in 30 days and then another 200% in 60 days? Crazy! So traders will have to over risk to pass Phase 1 and then again over a longer time period in phase 2... If only 2-3% get to funded status @ MFF ...
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- CableJ replied May 28, 2022
The major issue is that online prop firms attract an avalanche of noobs and degenerate gamblers due to the 5-6 figure payout flexing on social media. Most of these traders have ZERO plan, most use no stop loss & risk 100% of daily limit per trade. ...
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- CableJ replied May 24, 2022
I do a little under 2% per trade (1.8-1.85%), with commissions that puts me @ 2%. 2 losses and I'm done for day. I scale down & up position size with every win or loss based on current balance, 7 straight losses @ MFF & 6 @ FTMO and I blow up the ...
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- CableJ replied May 22, 2022
Bad marketing.... in my opinion, their account balance & drawdown scaling plans for the regular account are appealing... why are they not front and center? Maybe they are trying to entice people into the gimmicky ELEV8 account requiring 200% ...
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- CableJ replied May 22, 2022
hmmmmm that is not how its described in the FAQ... maybe I'm misinterpreting it? Do you offer scaling? | E8 Funding Help Center We have two different scaling programs. Our ELEV8 Program is the most aggressive scaling option for traders who want to ...
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- CableJ replied May 22, 2022
The regular e8 accounts scale based on profit made per payout period... image
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- CableJ replied Apr 26, 2022
Start 100K w/ 12K drawdown >>> 4 months = >10% return + 2 out of the 4 months = + months >>> Scaled up to 130K w/ 15.6K drawdown
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- CableJ replied Apr 18, 2022
I believe ublock origin (Chrome/edge/firefox) has a whitelist
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- CableJ replied Apr 18, 2022
Am I missing something? Isn't the 5%ers netting basically exactly like a FIFO broker account? You can scale into a larger position and scale back out @ any time by simply taking a position in the opposite direction less than your total size, which ...
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- CableJ replied Apr 9, 2022
Perfect fills are not guaranteed in a live market. MFF is mostly a demo environment, however they are simulating fills based on available market depth liquidity on the backend. Trying to fill 100K (1 lot) is different than trying to fill 1M (10 ...
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- CableJ replied Apr 7, 2022
If I had to guess, I would say those that just got lucky eventually run out of luck with more time and more trades. I risk 1.6% per trade in Phase 1. My historical max losing streak would most definitely blow the evaluation, but I'm willing to take ...
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- CableJ replied Apr 6, 2022
Gold is a wild boy and their CFD has low market depth vol... Most of the complaints on their discord since Feb concerning slippage has been 99.9% XAU or news release related.
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- CableJ replied Apr 3, 2022
The5%er's Freestyle plan seems interesting to me @ drawdown 8.2x fee. They have been around a very long time with a solid reputation, and they finally have a plan with some skin in the game. You do need a system with quite a bit of trades otherwise ...
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- CableJ replied Mar 28, 2022
According to Josh @ MFF. As they gather information on traders during Phase I, II & live (usage of stops, stop sizes, position sizes, risk per trade, risk:reward, win %, risk to ruin, sharp ratio ect.) they categorize traders... some never hit live ...
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- CableJ replied Mar 28, 2022
As discussed here numerous times... These 1:1 fee to drawdown prop accounts are 100% marketing hype! Let's say your risk per trade allows 10 straight losses before blowing the prop account and losing the fee. if you put that same money in an ...
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- CableJ replied Mar 20, 2022
5%ers must be getting desperate.... no one really talks about them anymore since the prop firms w/ eval models popped up. Their growth has been stagnant over the past year vs the newer competition.
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- CableJ replied Mar 20, 2022
I personally have not experienced massive slippage @ ftmo or mff... but 1. I never trade around major news 2. I avoid rollover time 3. I never trade thinner Japan session 4. my lot sizes are split into multiple smaller orders 4. my entry & exit ...
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- CableJ replied Mar 20, 2022
On FTMO such slippages are unheard of?!?!?!?!? I think you need to go back and re-read your own post #7002! Why were you asking questions about unheard of FTMO slippage? People complain about FTMO slippage all the time! As a matter of fact, before ...
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- CableJ replied Mar 20, 2022
The loudest people screaming about mff are news/tight sl/big lot traders that can't deal with real market slippage and gap/arbitrage cheaters, however there are legitimate complaints regarding poor customer support and from people still on old dash ...
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