Why would anyone put trade similar to funded account as most of them blow up accounts. My guess would be they put opposite trades starting from challenge, verification and funded account into their live prop firm accounts. This way they guarantee ...

Prop Firm Hub

Kind of disagree. Why would BOJ do that? They are trying to keep Yen down from 2008 and historically 150 is ok if you remove last decade. I see no body able to do anything when JPY was around 75-100 area and stayed their for a while.

USD/JPY Discussion

Agree it is sugar coating things in different way. The probability of passing doesn't change with target. If target is traders real concern than MyFF and TFF is the best as MyFF has 12% allowed drawdown and TFF has 4% in second phase.

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My observation with MyFF is they dont like scalpers, they dont like traders with high lot size. They add slippages (I have never observed positive slippage with lot size greater than 3. I have seen 7-10 pip slippage in EUR/USD). Execution is always ...

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I dont understand whats the point in giving 50% with those rules. I am sure if you follow such rule you can't break daily DD. It is just lip service for not giving profits and looking good.

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Yea but still how much is all in is upto them. Even if DOW moves 5% and hits traders stop loss that will be considered as all in. Unless anything is on paper its difficult to judge. Also why they want to keep profits, FTMO returns profit if you ...

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Here is the catch. Unless you go all in single trade you can't possibly violate daily rule.

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Lux used to have challenge for direct funding. It is even worse than direct funding.

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I believe 90% or 75% doesn't make any difference as 90-95% of traders doesn't even reach first payout. So clearly if any prop firm says they are putting trades like trader is clearly LYING. They need to put opposite orders traders put. So main thing ...

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May be but Daily loss limit of ThePropTrading is 5% and max lot size for 200K is 10 lots so slippage should not be concern as trader have 100 pip buffer they can put 90 pip stop.

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I dont understand if they say copy not allowed why any one want same pair on different accounts? There are 28 pairs, indices and crypto and one can easily get probably 1-2 set ups daily. Just avoid crossing same pair. If something smells bad from ...

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Also this kind of return (short and forget) is only possible in FTMO, If it was equity based drawdown they would have stopped out.

FTMO - For serious traders

[quote=driven18;14030629] As rule of thumb don't trade same pair on multiple account with ThePropTrading. If it is required. Trade something like this for 200K account they restrict 10 lots per pair on GBP/USD So what can be done if you want to ...

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Yes ThePropTrading is sketchy in terms of multiple accounts. I remember when they used to have minimum day requirement after passing exam I put 0.01 lot on one account and closed and put same on another and closed to fulfill minimum day requirement ...

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Thats why I said LEGAL SCAM. They may be perfectly legal and may have paid to users, but the rules are not fair. It is always traders responsibility to read RULES but why to get into such firms when one has safe options with more fair rules. Rules ...

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It looks like per account. If you merge it is total so 4 percent of that account. Not sure why they introduced such rule as that kind of rule is common for direct funding models. May be historically they found out most accounts go away before ...

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Yep stay away from those who has such rules. I can't control market if I put 2% of stop and 8% of target especially on indices it can hit with in couple of hours or a day. And since minimum days are 5 WHY TRADER is forced to risk same. Also they ...

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Only red flag is if you finish challenge earlier and trade 0.01 lots to fill up remaining days they wont give you funded account as per couple of reviews in trust pilot.

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Their spreads are like FTMO and MyFF not much difference but they dont have fees (spreads makes up fees). The good part of the firm is they dont have slippages like MyFF and TFF but you can't trade more than 10 lots per pair on 200K account (first 3 ...

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Anything positive even with 1 cent is eligible for retry

Prop Firm Hub