- Search Metals Mine
- Nsak3y replied Oct 17, 2022
-Just looked. It seems that this applies to max draw-down? Maybe it is not so bad. I personally believe that most traders are failing due to daily draw-down breach. If we consider the 150K aggressive, you get 15K daily and 30K max. I think, even if ...
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-I would be curious where your scoring system would put a firm like fidelcrest. Their targets are higher, but they offer a bonus option (free account) that lets you choose between doubling your capital or having a second chance at the challenge. ...
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-I cannot speak about percentages across the different models, obviously, but spend some time in their discord and even among various forums, and you will see that there is great interest in the direct-funding models. There is evidence of that even ...
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
Well, then you cannot say that FTMO has a better chance of survival than MFF. The amount of pure profit that MFF brings in from their direct-funding model has to be considered, and you do not seem to be factoring that in with your scoring system.
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-But the direct-funding model allows for greater profit margins and decreased risk. Does it not? -So, cost-value, correct?
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-But your score chart is primarily based on cost-value, right? If so, I do not think that you can assume that a firm with a better score will carry more risk. I believe that MFF, for example, has a much stronger leg to stand on, in terms of ...
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-Do these phenomenon take into account greed and addiction?
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-Not sure that I am understanding you correctly here. Are you saying that the firm's risk is greater if their trader-score is better?
Prop Firm Hub
- Nsak3y replied Oct 16, 2022
-Maybe you give traders too much credit. I personally believe that most bad traders will keep coming back, taking challenges (or direct-funding) indefinitely in hopes of making it, especially when the barrier-to-entry is so low with some of these ...
Prop Firm Hub
- Nsak3y replied Oct 15, 2022
-I agree. And anyone siding with a firm that imposes such nonsense restrictions that are solely designed to 'trap traders' are only perpetuating the problem and sending the message that this kind of behavior is acceptable. It's not. That said, there ...
Prop Firm Hub
- Nsak3y replied Oct 15, 2022
-Hello. You mentioned something several months ago about some new and exciting projects that FTMO is working on. Can you elaborate on any of that yet? Also, when will FTMO issue larger account sizes and capital allocation? Thanks.
FTMO - For serious traders
- Nsak3y replied Oct 14, 2022
-Yes. I believe that it would be foolish for anyone to think that they can guarantee that sort of commitment. There are so many unforeseeable events that can happen in a person's life; health, weather, accidents, fire, theft, server problems and ...
Prop Firm Hub
- Nsak3y replied Oct 14, 2022
I do not know much about the offer. But any firm that requires me to trade three times a week can kick rocks. That's just my personal opinion. As a trader, I've no interest in being employed by someone else. To each their own, though.
Prop Firm Hub
- Nsak3y replied Oct 14, 2022
-Any firm that imposes such strict rules does not have the best interests of their traders in mind and is not worth considering in my opinion, especially when there are so many better options available.
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-Yes. This is all about risk and odds. I could risk $500 on powerball and blow you all out of the water in terms of time-to-goal and profitability, but the odds are so heavily stacked against me, that it struggles to compare with more practical ...
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-Yes. I am still wondering what your point is. 108% return via prop to turn $500 into 12K balance (and you get the $500 refunded, so it is repeatable). vs. 2,400% return via personal to turn $500 into 12K balance. If your point is that you can reach ...
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-You can risk more or you can risk less with both approaches. But with prop, you have 12K to work with after flipping the $500 investment. On a personal, you have 1K to work with after flipping the $500 investment. So, your argument is what, ...
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-Look, no one trades perfectly, 100% of the time. You could have a 90% win-rate and still have 10 losses in an row and blow your account, because we do not get to choose when we lose. Your point is flawed because even if you can earn more quickly on ...
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-I do not recall saying that. -I do not think that everyone can admit this. The question is, though, is it smart? In the case of prop, it is an acceptable trade-off for procuring trading capital quickly. But doing this repeatedly in rapid succession ...
Prop Firm Hub
- Nsak3y replied Oct 12, 2022
-Who says that you cannot compound your gains? Maxing out risk is not necessary for compounding gains. But even so, maximum compounding will only get you so far. Eventually, you will have to adjust your approach; liquidity is not unlimited. As far ...
Prop Firm Hub