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  • #6,081
  • Dec 15, 2021 7:43am Dec 15, 2021 7:43am
Quoting nebby
{quote} For those that have struggled to profit from an evaluation funded account (I am ignoring direct funding, accelerated, rapid etc as I don't like these models at all), some tips that helped me: - Trade a personal account for at least 6 months (preferably 1 year, but I'd say 6 months at the minimum) and ensure you are profitable most months. 3-5% is a good target per month - Only then try a prop firm trial on demo (try to pass 2-3 ftmo free trials) - Finally, by this point you should be quite confident and its time to try a MFF 100K evaluation,...
You are missing the time constraint that many traders put on themselves.

Sure it's great practice to start with lower funded challenges and progress with profit made to the higher challenges but at the end of the day a trader still needs to have quite a bit of luck to trade to the target and not breach any of the trading objectives.

Time constraint is the devil in disguise here.

Since luck does in fact play a large part in determining whether or not a trader can hit the 8% or 10% profit target in the challenge phase then as far as I'm concerned if the trader has the disposable income and can afford to purchase a challenge of any value then go for the 100k or 200k ones because these offer the best value.

Masterrmind .........
Master your Mind then Master your Trades
  • #6,082
  • Dec 15, 2021 7:44am Dec 15, 2021 7:44am
Quoting Cryptosurf
{quote} He's part of the moron circle jerk. Their leader Paula tried to stir up over at Babypips and got slapped down, then moved on to FPA and got banned for his idiocy. Then moved on to Trade2win and made a hilarious admission. {image}

How do you know they're the same person???
  • #6,083
  • Dec 15, 2021 7:54am Dec 15, 2021 7:54am
Quoting Takisd
He claims I submitted a screenshot
-Just ignore it. Unless someone is selling something or making some wild claim that could adversely impact others, nobody needs to prove anything to anyone, especially to those guys. And honestly, it would not matter if you did, because they would probably never be satisfied.
  • #6,084
  • Dec 15, 2021 7:57am Dec 15, 2021 7:57am
Quoting Ross88
{quote} How do you know they're the same person???
Because he started posting the same nonsense on Babypips that he posted here on FF. Some of literally copy and pasted from here. And then did the same on FPA, then moved on to reddit, then Trade2win.
Trade with confidence, trade without fear.
  • #6,085
  • Dec 15, 2021 7:57am Dec 15, 2021 7:57am
Quoting Masterrmind
{quote} You are missing the time constraint that many traders put on themselves. Sure it's great practice to start with lower funded challenges and progress with profit made to the higher challenges but at the end of the day a trader still needs to have quite a bit of luck to trade to the target and not breach any of the trading objectives. Time constraint is the devil in disguise here. Since luck does in fact play a large part in determining whether or not a trader can hit the 8% or 10% profit target in the challenge phase then as far as I'm concerned...
I tend to agree here, due to the time it would take to get "fully funded" as time is a commodity as well. The other great point is the fact that these are tough to pass, so to go through the stress of passing and then only have a 10K account, just not sure if it's worth it. On the flip side, if you are having a tough time passing, only losing $84 per pop is certainly better than $499 or $979.

This all brings me back to my point of being prepared....risk management, system with an edge, psychology. This is not for someone with less than 2 years in the markets.
  • #6,086
  • Dec 15, 2021 8:10am Dec 15, 2021 8:10am
Quoting Cryptosurf
Then moved on to Trade2win and made a hilarious admission.
-It seems that he might have real issues, because this is beyond trolling.
  • #6,087
  • Dec 15, 2021 8:32am Dec 15, 2021 8:32am
Quoting Cryptosurf
{quote} He's part of the moron circle jerk. Their leader Paula tried to stir up over at Babypips and got slapped down, then moved on to FPA and got banned for his idiocy. Then moved on to Trade2win and made a hilarious admission. {image}
He must be smoking more than green to even come up with a story like that
  • #6,088
  • Dec 15, 2021 8:39am Dec 15, 2021 8:39am
Quoting Masterrmind
{quote} You are missing the time constraint that many traders put on themselves. Sure it's great practice to start with lower funded challenges and progress with profit made to the higher challenges but at the end of the day a trader still needs to have quite a bit of luck to trade to the target and not breach any of the trading objectives. Time constraint is the devil in disguise here. Since luck does in fact play a large part in determining whether or not a trader can hit the 8% or 10% profit target in the challenge phase then as far as I'm concerned...
That's correct, traders put themselves under undue pressure and I think that's exactly why 99% are not getting that first
payout. So a different approach is probably needed. Its a lot easier to manage fear and greed with a small 10K account then a 100K account.

I am not sure why you would think it requires luck to hit a 8% target in 2 months - serious traders should be able to achieve this. I don't think MFF can (or even should) make their challenges any easier - its a fair target for a fair price.

I agree that may appear a waste of time to go through the stress for a measly 10K account (at first) but by going through this process you would have hopefully gained a valuable skill in passing challenges and learning to control your emotions and patience within strict parameters.
Your worst drawdown is yet to come
  • #6,089
  • Dec 15, 2021 8:51am Dec 15, 2021 8:51am
Quoting Cryptosurf
{quote} He's part of the moron circle jerk. Their leader Paula tried to stir up over at Babypips and got slapped down, then moved on to FPA and got banned for his idiocy. Then moved on to Trade2win and made a hilarious admission. {image}
Lmao Man, i find it hard to believe that's Paula. Doesn't sound like him at all.
But then i look at the other link where he's talking about programming, then goes on to whine about Kindness and how people are calling him "bad words" ..... then it sounds like Paula.

Who knows, the man is insane, could very well have split personalities. Drug dealer and Hit man by night, Failed programmer by Day.
  • #6,090
  • Dec 15, 2021 9:07am Dec 15, 2021 9:07am
Well at least he's medicated. Scary to think what he's like when he's not...
  • #6,091
  • Dec 15, 2021 9:14am Dec 15, 2021 9:14am
Quoting Koop
{quote} Lmao Man, i find it hard to believe that's Paula. Doesn't sound like him at all. But then i look at the other link where he's talking about programming, then goes on to whine about Kindness and how people are calling him "bad words" ..... then it sounds like Paula. Who knows, the man is insane, could very well have split personalities. Drug dealer and Hit man by night, Failed programmer by Day.

My guess is 400lbs and smells like deli meat.
  • #6,092
  • Dec 15, 2021 9:23am Dec 15, 2021 9:23am
Quoting Koop
{quote} Lmao Man, i find it hard to believe that's Paula. Doesn't sound like him at all. But then i look at the other link where he's talking about programming, then goes on to whine about Kindness and how people are calling him "bad words" ..... then it sounds like Paula. Who knows, the man is insane, could very well have split personalities. Drug dealer and Hit man by night, Failed programmer by Day.
Careful Koop, he's "talking to some attorney's"

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Trade with confidence, trade without fear.
  • #6,093
  • Dec 15, 2021 10:11am Dec 15, 2021 10:11am
Quoting Cryptosurf
{quote} Careful Koop, he's "talking to some attorney's" {image}
Just wow is all I can say. They are moving his case to the forex insanity folder.....classic
  • #6,094
  • Dec 15, 2021 10:50am Dec 15, 2021 10:50am
Quoting Cryptosurf
{quote} Careful Koop, he's "talking to some attorney's" {image}
haha Whoever that mod is, he just summed it up perfectly. A special case.
  • #6,095
  • Dec 15, 2021 10:42pm Dec 15, 2021 10:42pm
Made it to phase 3 on my 5ers Boot Camp before blowing up. See below for a graph only a mother or degenerate gambler could love. I had a legitimate shot at being the first to pass all 3 Boot Camp phases. Picture that interview.

5ers: "Expo33, how did you pass the Boot Camp"

Me: " I clicked buttons while sleeping"
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Started another Boot Camp. I like paying 58 bucks. It's a fun model for me. However, I detest Meta5.

On a positive note, I passed phase 1 on my MFF evaluation in 48 hours. Now I have to twiddle my thumbs until the 5-day minimum is reached. I have to admit, I traded flawlessly
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Pride always comes before destruction.... -Proverbs 16:18
  • #6,096
  • Dec 16, 2021 6:57am Dec 16, 2021 6:57am
Lesson learned from FTMO: always, always opt for a funded trading account allowing you to select the broker feeding the quote.

Today at 12 CET there was a nice zigzag on USDTRY nevertheless nowhere close to the amplitude seen at FTMO. Most worrying is the pending buy order that was not executed despite back and forth movement and which still stands way above the execution of my break even stop on my former long positions.So the only explanation is a deliberate and insane widening of the bid/offer spread to such an extent that it’s getting embarrassing and even disgusting from a supposedly “legit” prop firm. They can claim that spike happen etc… I already listened to this crap too many times, I am 200% certain they just had too many winners on this pair so they had to shake the tree.
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I used to be indecisive but now I'm not so sure...
  • #6,097
  • Dec 16, 2021 7:11am Dec 16, 2021 7:11am
Quoting Filipo1
Lesson learned from FTMO: always, always opt for a funded trading account allowing you to select the broker feeding the quote. Today at 12 CET there was a nice zigzag on USDTRY nevertheless nowhere close to the amplitude seen at FTMO. Most worrying is the pending buy order that was not executed despite back and forth movement and which still stands way above the execution of my break even stop on my former long positions.So the only explanation is a deliberate and insane widening of the bid/offer spread to such an extent that it’s getting embarrassing...
Been with FTMO for 18 months and MFF since August, I feel the opposite....I only go with firms who have their own server. Too many hands in the pot otherwise. Who is responsible when the 3rd party broker feed goes down? or has a spike it shouldn't, etc, etc
  • #6,098
  • Dec 16, 2021 7:14am Dec 16, 2021 7:14am
Quoting Filipo1
Lesson learned from FTMO: always, always opt for a funded trading account allowing you to select the broker feeding the quote. Today at 12 CET there was a nice zigzag on USDTRY nevertheless nowhere close to the amplitude seen at FTMO. Most worrying is the pending buy order that was not executed despite back and forth movement and which still stands way above the execution of my break even stop on my former long positions.So the only explanation is a deliberate and insane widening of the bid/offer spread to such an extent that it’s getting embarrassing...
What? You are trading TRY and complaining about spread? May as well throw darts into a board blindfolded.

EDIT: I'll bet my own money that NO retail book orders go to market with TRY
  • #6,099
  • Dec 16, 2021 7:23am Dec 16, 2021 7:23am
Quoting Fagin
{quote} What? You are trading TRY and complaining about spread? May as well throw darts into a board blindfolded. EDIT: I'll bet my own money that NO retail book orders go market with TRY
I am not complaining about normal conditions for USDTRY like below bid/offer spread. Anyway I don’t want to enter in an endless discussion but just to warn about the rosy picture around FTMO.
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I used to be indecisive but now I'm not so sure...
  • #6,100
  • Dec 16, 2021 7:28am Dec 16, 2021 7:28am
Quoting Filipo1
{quote} I am not complaining about normal conditions for USDTRY like below bid/offer spread. Anyway I don’t want to enter in an endless discussion but just to warn about the rosy picture around FTMO. {image}
Well you need to put some context to your post. Is this only FTMO or the same with others?
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