- Search Metals Mine
- sampat replied Aug 23, 2021
Couldn't agree more plus with FTMO you can have buffer challenges like you can have 600K of passed exams but you can have only 400K of live so if in case you are thinking of loosing them you can have them ready in buffer.
Prop Firm Hub
- sampat replied Aug 22, 2021
Whats the link? I can't find any firm via google only training courses popping up.
Prop Firm Hub
- sampat replied Aug 22, 2021
I believe they are using FXChoice which has same spreads. Indices spreads are worse even in regular hours.
Prop Firm Hub
- sampat replied Aug 21, 2021
I value money I am allowed to loose. What's the point in having 1 million in trading account when you are allowed to loose 1K? If you have 10K account you only have 10% which is 1K no matter how much leverage you have.
Prop Firm Hub
- sampat replied Aug 21, 2021
May be you are true but by your logic 500K is not 500K it may be 50 million as you have 100:1 leverage so balance is not balance. It is only good when you are allowed to loose otherwise it is just paper money. Though I agree with you 1% per week can ...
Prop Firm Hub
- sampat replied Aug 21, 2021
Not sure whether it is correct calculations. Technically 500K is 50K (allowed drawdown) so 1% of 50K is 500$. Even with 1% target one can blow up accounts in 10 trades. Also dont forget phycological part if you loose 4-5 trades in a row you ...
Prop Firm Hub
- sampat replied Aug 21, 2021
Well FTMO is 3 years ahead of its competitors. FTMO was equally crappy when they started their own server. Lot of slippages on indices server issues. It is standard software life cycle. MyFF and FT will catch them soon if they survive 2-3 years.
Prop Firm Hub
- sampat replied Aug 21, 2021
May be it is phycological and expectations. My passing (survival) percentage Phase1 > Phase 2 > Funded
Prop Firm Hub
- sampat replied Aug 20, 2021
Congratulations....the problem with challenges is not difficult to pass but difficult to maintain live accounts.
Prop Firm Hub
- sampat replied Aug 20, 2021
I am wondering why would they close on buy or sell separately, why dont they use MT4 close by feature hedged position together?
Prop Firm Hub
- sampat replied Apr 9, 2021
Problem is they have trailing drawdown on unrealized profits so if account goes from 300K to 307.5k and goes bac to 300K without closing position you will loose account. Also you can't withdraw till 9 months. Its not good.
Prop Firm Hub
- sampat replied Apr 9, 2021
Futures you can hedge with options whereas in spot you need to takes stop loss. 1 EURO Contract is 125000, GBP is 62500 aud is100K.
Spot FX Vs Futures FX?
- sampat replied Mar 23, 2021
Do they pay for failed challenges? I don't think so. But this one does.
Enfoid Prop Funding
- sampat replied Mar 23, 2021
Well who is returning fees on lost challenges? Please enlighten us. How many prop firm give 10% return on lost challenges?
Enfoid Prop Funding
- sampat replied Mar 22, 2021
I am wondering why to take 50K instead of 100K as it is more expensive?
FTMO - For serious traders