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- CableJ replied Aug 18, 2024
MFF's A book was still a net loser, however net -30K to -150K per month on their best traders was probably still an overall win for them vs what those same traders could potentially do in an unrealistic sim environment.
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- CableJ replied Aug 18, 2024
The MFF's takedown was the major event that halted overall market growth, but it did lead to redistribution of their market share to the other big players somewhat papering over underlying growth issues until Meta dropped the hammer later. I do ...
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- CableJ replied Aug 18, 2024
There may be an opportunity for a market reset. The more sophisticated big brokers getting involved could bring stability & perceived legitimacy to the business. if more of the existing players are forced out of the market due to unsustainability & ...
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- CableJ replied Aug 18, 2024
FTMO & Funded Next greatly benefited by top 5 players MFF, TFF & TFT losing meta/shutting down
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- CableJ replied Aug 18, 2024
Once the race to bottom happened, it's damn near impossible to put the genie back in the bottle. MFFX tried to bring over consistency rules from the futures side where it's fully accepted by that segment of the marketplace and all hell broke loose ...
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- CableJ replied Aug 15, 2024
If someone risks 5% per trade with a larger position size but only had 1 loss -5% DD... the risk engine will scale that trader down vs the trader that risks .25% per trade with a much smaller position size & the same -5% DD. what markets do you ...
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- CableJ replied Aug 15, 2024
Why is this so hard to grasp? It's pretty simple... reduce your risk so your biggest yearly drawdown falls in the -3% to -6% zone and the risk engine will be your friend. The over risk get payout/blow account, reset and never recover from drawdown ...
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- CableJ replied Aug 8, 2024
red headed step child ugly American... no one likes us due to CFTC.
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- CableJ replied Aug 8, 2024
I can't use them anyway, but I do like that their banned trading strategies are clearly defined.
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- CableJ replied Aug 6, 2024
Why not both? Take profit increased max accounts to 5 like Topstep. Max out Apex and then expand to the others. Never have all eggs in 1 basket.
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- CableJ replied Aug 6, 2024
So live you risk around $400 16% of DD per trade w/ 6.25 straight losses to bust?
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- CableJ replied Aug 5, 2024
it varies... sometimes it's approved 1 day after request but it can be last day of cycle. Sent by 15th or 30th/31st but can be a couple days late, hits bank 3-7d later. Payout efficiency is their weakness, but I think it's purposeful & strategic ...
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- CableJ replied Aug 5, 2024
I'm unlimited with 20 50Ks, however my biggest payouts were when I was still limited at the 40K max (2K x 20). I use to leave 30% to further compound every payout period, but I pretty much take all profits >52.6K now. I'm always <40K per payout ...
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- CableJ replied Aug 5, 2024
That woman admitted she took 900 Apex evals and never reached payout. She has an axe to grind with Apex. I've been with Apex since about last year around this time and never had 1 payout denied, late yes.... denied never. Monty is a wild man and ...
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- CableJ replied Aug 5, 2024
I plan on joining the Dawinex party lol... based on my historical drawdowns, dropping my risk per trade down to .25% should keep me around no more than -3% DD w/ EOY returns of 9-15%. The risk engine should be very happy and scale me up.
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- CableJ replied Aug 5, 2024
Take profit, Topstep & My funded futures are better options to get paid fast... all 3 have daily limits so a bit tougher for your methods lol
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- CableJ replied Aug 5, 2024
Who are you still trading and getting payouts with on the FX prop side these days?
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- CableJ replied Aug 5, 2024
@ Montygoldy Do you yolo reports with my funded futures with the +/- 2m rule or does that rule not apply during evals?
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- CableJ replied Aug 5, 2024
almost every 1m bar is like a NFP/CPI/PPI/Core PCE/FOMC report release bar.
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