- Search Metals Mine
- CableJ replied Oct 29, 2024
Cap also vouched for maven, what did you find that is problematic in the FAQ?
Prop Firm Hub
- CableJ replied Oct 29, 2024
When I was still on the FX prop side, I copied across all accounts using low risk with a mt4 copy trader ea. I was considering raising my risk and trading 20% of my accounts to +5% then moving to the next 20% group ect. before eventually doubling ...
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- CableJ replied Oct 28, 2024
image 65% off on straight to funded accounts lol.. The desperate moves of an insolvent prop firm.
Prop Firm Hub
- CableJ replied Oct 28, 2024
Pretty much the exact same thing they routinely did when they were called Ascendx which lead to the name change... Ascendx has 30% 1 stars in the last 3 months.
Prop Firm Hub
- CableJ replied Oct 28, 2024
Isn't that the prop that requires an interview for marketing to kyc?
Prop Firm Hub
- CableJ replied Oct 27, 2024
You also had to live though some pretty decent sized drawdown periods over the last decade. 2014 -10% 2015 -14% 2016 -14% 2018 -21% 2020 -36% 2022 -27% 2023 -11% 2024 -10% With an annual max drawdown target of 15-20% a good trader should be able to ...
Prop Firm Hub
- CableJ replied Oct 27, 2024
its not a hard rule. They are looking to stop the habitual over risking line steppers. Your account will get flagged by their backend for multiple infractions > 1st step you get a warning email to get back in line > next step probation with no ...
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- CableJ replied Oct 26, 2024
The 150Ks are almost as easy to pass via the report yolo method with non daily limit props. Outside of that pass/fail in <2 min method... the >50K accounts never really made any sense to me due to their higher target to DD ratios. The extra time ...
Prop Firm Hub
- CableJ replied Oct 26, 2024
You can probably still find 100K in total DD out there, but 300K in total DD from reputable props seems damn near impossible on the FX side of the business these days.
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- CableJ replied Oct 25, 2024
image image Fast track got their market share... it only cost them complete insolvency lol
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- CableJ replied Oct 23, 2024
Seems like there is a similar stigma with futures props not having ninja trader, rithmic or tradovate like Forex props without MT4/5... ACG has struggled and gone nowhere since entering the market on the futures side.
Prop Firm Hub
- CableJ replied Oct 22, 2024
$228 for 3 50K starter accounts... $3600 max per payout up to 18K total + 7.5K live account. vs. $1200 for 3 50K milestone accounts... $6000 max per payout up to 24K total + 12K live account.
Prop Firm Hub
- CableJ replied Oct 22, 2024
They don't care how much you dca as long as the combined trade DD is never >30% of total DD. You scaling into a 1% total risk trade within a zone 20 times is no problem. They likely consider the multiple entries as 1 trade for risk management ...
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- CableJ replied Oct 22, 2024
I would assume it's just 4K account... outside of not having to pay taxes on entire balance now if you withdrawal vs deferred if you keep it live... I can't see one other attractive reason to stay with these props live.
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- CableJ replied Oct 22, 2024
2K after each phase + 4K live doesn't look 1/2 bad... am I missing something? edit... On second thought 8K + 4K vs. 400 * 2.5 * 2.5 * 2.5 * 2.5 = 15.625K in personal account... likely impossible to achieve onshore in personal account due to futures ...
Prop Firm Hub
- CableJ replied Oct 22, 2024
If you have an Advanced Sim Funded $50k account and the balance reaches the minimum required balance of $52,100 to request a payout, you can request up to a $1,500 payout. This leaves your remaining balance at $50,600. Remember, in this example, ...
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- CableJ replied Oct 22, 2024
I hate to say it... but Mattl having a hard low number to move folks live to regulated FCM futures brokers will probably be a good look to the CFTC/CME since the model may also benefit the brokers & exchanges.
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