-1% total risk on a single instrument (protected by stop-loss), based on account size. So, if you have a 100K account, you cannot have more than 1K worth of risk on a single instrument, based on your stop-losses, regardless of whether or not you are ...

Prop Firm Hub

-I suspect that most traders are risking over 1%. I also suspect that most traders are not even using a stop-loss. So it seems that they are placing special rules on specific traders, but based on what criteria? Are they targeting ...

Prop Firm Hub

-But that is not really true, though. There are many things that we can look at to see not only how these firms are being managed, but how likely they are to remain long-term should they continue as-is. -In fact, comments have been made not only ...

Prop Firm Hub

-When I spoke with MFF about some of their legal stuff early on, I was told that they had a legal team that worked to ensure that there were no compliance issues or otherwise, and that everything was above board. What that truly entails, or to what ...

Prop Firm Hub

-This is a very interesting statement. On the flip-side, I am fairly confident that some firms are doing nothing but collecting fees and praying (or laughing). We already know that firms like MFF have other revenue streams (or methods), even in the ...

Prop Firm Hub

- I think that in the case of TPT, part of the problem was likely due to the fact that their trading conditions were not realistic, at least, assuming that I am remembering correctly. I believe that someone stated that they did not experience any ...

Prop Firm Hub

-I agree, but it is also important to consider and discuss future possibilities because it can help in determining what to look out for so that we can prepare and plan accordingly. Just like any business or investment, you must consider future (and ...

Prop Firm Hub

Nothing but punks. Good riddance TPT.

Prop Firm Hub

-Maybe you misunderstand me, I'm not sure. Obviously, if the error is company-side (LP or firm etc., does not matter), then they should correct it. It seems that they did correct the error. I am just asking whether or not the error/correction caused ...

Prop Firm Hub

-I was speaking more in general terms. But, it was my understanding that there has not yet been adequate (reasonable) explanation by the firm explaining the violation, or is this incorrect? I guess I do not fully understand the issue. It seems that ...

Prop Firm Hub

-You are speaking to the choir here.

Prop Firm Hub

-This is the problem with having only one side of the story... all we can do is speculate.

Prop Firm Hub

-None of this sounds good. This is why I push so hard for transparency, where unfiltered, two-way dialogue can occur in a public forum. I received push-back for pressing this issue on FTMO's thread, but without any way for traders to hear both ...

Prop Firm Hub

-Yes. I think, also, if you do not yet have a funded account, then your priority should probably be focused on going with a solid firm, and FTMO and MFF are winning in that department. You may be able to find a firm with no slippage and 0 ...

Prop Firm Hub

-Depends on what you personally define as better. Both are solid firms that should be considered, regardless, and come highly recommended by most.

Prop Firm Hub

-The only way that you can truly fail is if you quit. Each failure is an opportunity to learn and become better, and will serve as a stepping stone that brings you one step closer to your goal(s). The fact that you kept your losses above max and ...

Prop Firm Hub

-Yes, I agree; I do not think that anyone is planning on it. I also think that it will not matter much for those that are approaching this correctly. I have never been the type to establish assumptions or ideas that may be limiting in nature. I like ...

Prop Firm Hub

-If I may also think out loud a bit here, perhaps we must consider two things. One, being that there will be always new traders entering the market, and therefore, incentive for new firms to join the pool. Just look at how many broker offerings ...

Prop Firm Hub

-Yes, but even when considering the opportunity, most of us can still only speculate about what the real numbers actually look like. The truth is, we just do not know. If I had to guess, though, I would say that it is becoming more difficult for ...

Prop Firm Hub

-To be fair, though, perhaps this is easier for you to understand. But for most of us, we have little idea about what they are working with. We can only go by the numbers/statistics, which generally look pretty favorable. Probably, many of us learn ...

Prop Firm Hub