same charts from another broker image image

FTMO - For serious traders

Just logged in to the new server (trial account), feed looks pretty strange to me THIS IS UNTRADEABLE !! image image Edit: lower timeframes seem to not have those issues.

FTMO - For serious traders

Thank you, I appreciate your openness.

The5ers - Trading & Growth Program

I don't think I'm pressing to the maximum at all, in my previous examples I was using only 1% risk (not even 1.5%) and the lot size would still be the double of your max allowed exposure from a scalping/intraday perspective. So what you're basically ...

The5ers - Trading & Growth Program

Thanks, but what I am saying is that the max SL % and the lot size exposure rules are contradictory, and that's one detail that is putting me off. I personally don't trade for max pips but for max % gains, so it doesn't matter how many pips I can ...

The5ers - Trading & Growth Program

See the following screenshots. A 9.5 pips SL on EURUSD on a 15K account, using only 1% risk (150$) would allow for a 1.57 lots trade, but you are capping the lotsize at 0.65 lots. image Edit: added same simulated calc for a 13K USD account. 8 pips ...

The5ers - Trading & Growth Program

Actually I was referring to the opposite, I may risk less than 1.5% per trade and still be able to have a bigger lot size trade if my SL is tighter.

The5ers - Trading & Growth Program

Why is the max exposure set in lots and not in percentage of the account balance? Technically, a trade can have a smaller SL and allow for a larger lot size while still being well within the 1.5% risk limit.

The5ers - Trading & Growth Program

If you have another broker MT4 you can open that one, go to files folder and "move down a level", then from "terminal" folder you'll find all of your MT4 data folders, do a search for the indicator, to delete it or rename it (both EX4 and MQ4). ...

Magic 100

"When you receive 10% of earnings from us", which means "when you've received 10 times your 100$" you get your 1K funded account !! They are not saying you get 1K when reaching your first 10%, you still get your 10% OF THE PROFITS... (basically 1% ...

prop firm new model - my trading journey

that's my interpretation too, that's also why I find no interest for now.

prop firm new model - my trading journey

I understand what you mean, I guess such low pay out is the trade-off of being able to just join and start trading without having to pass any challenge. but from a pure profit split perspective it's ludicrous. Anyway, thanks for clarifying your ...

JsCave Journal

Don't get me wrong but can you explain to me why you even bother going with a prop program that pays you 10% of your profits? I mean, if you go with a 10K account, after hard working towards 10% profit (you'd make a decent 1K profit) you get paid ...

JsCave Journal

I actually didn't watch til the very end so I didn't notice the "join my mentorship program" part, my bad. Thanks for your insight, it makes sense and I agree with all the points you're making!

FTMO - For serious traders

I don't particularly appreciate the guy's attitude and not my style at all but I do think he's raising valid points for forex and prop firms newbies in general, imho, even if it's nothing new for those who have been around trading for some time. And ...

FTMO - For serious traders

I think it's because Ben and most SM superstars-wannabe simply use lifestyle to bait students.. looks like it works. "Forex mentors who can't show a track record".. true, but same old issue coming up over and over, and a total dead end.

FTMO - For serious traders

Wise words and good points to consider. video

FTMO - For serious traders

Let us know if you ever decide to start your own thread, will gladly follow along. thanks for all the guidance.

Magic 100

Yeah, exactly, if you are consistent and really know what you are doing you should be able to withstand drawdowns that stay within the rules, considering that FTMO's rules are quite acceptable, in comparison with many other retail prop firms out ...

FTMO - For serious traders

I'd say 99% of forum posters and social media "stars" who pass the challenge can't consistently maintain their account over time within the parameters and blow up soon after, but their ego is too big so they won't tell it here.

FTMO - For serious traders