Prop Firm Hub | Page 589 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #11,761
  • Oct 23, 2022 10:21pm Oct 23, 2022 10:21pm
Quoting Takisd
{quote} You could just trade at all of them and adjust your risk profile to maintain them. MFF fundedtrader ftmo all accept copy trading of your own copying so rather than focus on over compounding, you could just get them all ?
thank you for your opinion, yes FTMO is good, and FundedTrader if the spread are of 8cap, should be perfect also.
For MFF there are rules about consistency, does are hard for me.

Just now I tested a demo of theproptrading, and spread was very high, can you confirm that theproptrading has spread above the average? so I will eliminate from the list.

Which is the best copier on your view to replicate the trades on several accounts?
in holiday till end of November
  • #11,762
  • Oct 23, 2022 10:47pm Oct 23, 2022 10:47pm
Quoting forexbali
{quote} thank you for your opinion, yes FTMO is good, and FundedTrader if the spread are of 8cap, should be perfect also. For MFF there are rules about consistency, does are hard for me. Just now I tested a demo of theproptrading, and spread was very high, can you confirm that theproptrading has spread above the average? so I will eliminate from the list. Which is the best copier on your view to replicate the trades on several accounts?
MFF has NO CONSISTENCY rules, you are looking at the wrong model. You want the evaluation model. ThePropTrading charges no commission, therefore spreads are higher, OVERALL trading cost should be close to the rest.
Takisd is absolutely correct. You could have MFF,FTMO, TFTP, TFF all being copied.
  • #11,763
  • Oct 24, 2022 7:04am Oct 24, 2022 7:04am
Quoting forexbali
{quote} thank you for your opinion, yes FTMO is good, and FundedTrader if the spread are of 8cap, should be perfect also. For MFF there are rules about consistency, does are hard for me. Just now I tested a demo of theproptrading, and spread was very high, can you confirm that theproptrading has spread above the average? so I will eliminate from the list. Which is the best copier on your view to replicate the trades on several accounts?

I use social tradertools or whatever it is and its good, also MFF evaluation doesnt have the consistency rules you speak of. If it did, I would have lost myaccount long ago.
  • #11,764
  • Oct 24, 2022 7:59am Oct 24, 2022 7:59am
Quoting pipmaster77
{quote} MFF has NO CONSISTENCY rules, you are looking at the wrong model. You want the evaluation model. ThePropTrading charges no commission, therefore spreads are higher, OVERALL trading cost should be close to the rest. Takisd is absolutely correct. You could have MFF,FTMO, TFTP, TFF all being copied.
very helpful guys,

I remember that I eliminated MFF for some reason, should be then the stop loss to apply to each position, or some rule like the deviation standard from past trades.
Something like that! if you have a link with a perfect MFF program with no restrictions, please tell to me.

thank you
in holiday till end of November
  • #11,765
  • Oct 24, 2022 9:03am Oct 24, 2022 9:03am
Quoting forexbali
{quote} very helpful guys, I remember that I eliminated MFF for some reason, should be then the stop loss to apply to each position, or some rule like the deviation standard from past trades. Something like that! if you have a link with a perfect MFF program with no restrictions, please tell to me. thank you
they applied such rules when they started. I remember eliminating them right away just for that and also for the way they were responding to my queries on their Discord. I believe both has changed. They simplified their rules and got rid of some of those I disliked and so I reconsidered my rating of them. I'm even going to give them a shot sooner or later (I'm with TFF and E8 right now, and used to be with FTMO and EnFoind in the past)
Money is made by sitting, not trading
  • #11,766
  • Oct 24, 2022 9:33am Oct 24, 2022 9:33am
Quoting forexbali
{quote} very helpful guys, I remember that I eliminated MFF for some reason, should be then the stop loss to apply to each position, or some rule like the deviation standard from past trades. Something like that! if you have a link with a perfect MFF program with no restrictions, please tell to me. thank you
MFF has three programs, you want the evaluation.......it is EXACTLY like FTMO, TFTP,E8, TFF. Hit 8% in 30 days phase 1, 5% in 60days in phase 2, 12% total DD, 5% daily DD both phases. 5 min trading days, pass in1 day, pass in 30 days, no consistency rules, no stop loss requirement......Just go to their website and choose evaluation. You don't need a link.
  • #11,767
  • Oct 24, 2022 10:14am Oct 24, 2022 10:14am
Today I received a payout from tff, even faster than last time. Discord is still closed but they are ok.

Btw maybe someone knows an honest company with good conditions for trading indices. Except tff, mff and ftmo. I thinking about tft and maybe cti.
  • #11,768
  • Oct 24, 2022 10:20am Oct 24, 2022 10:20am
Quoting pipmaster77
{quote} MFF has three programs, you want the evaluation.......it is EXACTLY like FTMO, TFTP,E8, TFF. Hit 8% in 30 days phase 1, 5% in 60days in phase 2, 12% total DD, 5% daily DD both phases. 5 min trading days, pass in1 day, pass in 30 days, no consistency rules, no stop loss requirement......Just go to their website and choose evaluation. You don't need a link.

MFF and FTMO gives Phase 1 extension
It's a dirty job but someone's gotta do it!
  • #11,769
  • Edited 10:39am Oct 24, 2022 10:20am | Edited 10:39am
Quoting pipmaster77
{quote} MFF has three programs, you want the evaluation.......it is EXACTLY like FTMO, TFTP,E8, TFF. Hit 8% in 30 days phase 1, 5% in 60days in phase 2, 12% total DD, 5% daily DD both phases. 5 min trading days, pass in1 day, pass in 30 days, no consistency rules, no stop loss requirement......Just go to their website and choose evaluation. You don't need a link.
I can't believe, and I was sure something was against my trading.
May be, MFF has some rule where the total drawdown doesn't lock to start balance when we achieve a profit?
For example, if with MFF I start with 50.000 and I have max loss at 45.000 balance, but then I make profits and my balance is 60.000,
the total loss will lock to 50.000 initial balance so I can lose 10.000 as total and not just 5000?

News trading allowed I guess.

Ok I will add then in my list, their website is a bit confusing and long to check all the FAQs, but I believe will be ok.

TFTP (australia?) I tested the demo and spread where high, so eliminated

Now I'm checking Funding Trading Plus, to put in my spreadsheet in excel I write all the specs.

For now I have in my list:

instant:
the5ers

1 Step:
surge trader
ment funding

2 Steps:
The Funded Trader
FTMO
True Forex Fund

now I'm going to make: MFF, Funded Trading Plus, E8, Funded Academy, FTUK, Fidelcrest, Leveled Up, Finotive Funding, BlueFx, City Traders Imperium.

And then I have my plan ready and I will decide where to start.

If you see some bad name to be aware, just write me back, so I will give better attention when I will read trustpilot, reviews etc to avoid scams.

update: here in google docs you can see my progress
https://docs.google.com/spreadsheets...it?usp=sharing
in holiday till end of November
  • #11,770
  • Oct 24, 2022 10:43am Oct 24, 2022 10:43am
Quoting LaBoca
{quote} MFF and FTMO gives Phase 1 extension
yes, so you actually have 58 days with MFF and 44 days with FTMO.
  • #11,771
  • Oct 24, 2022 10:46am Oct 24, 2022 10:46am
Quoting Nihi
Today I received a payout from tff, even faster than last time. Discord is still closed but they are ok. Btw maybe someone knows an honest company with good conditions for trading indices. Except tff, mff and ftmo. I thinking about tft and maybe cti.
Funded trader program One can try.
Intraday only.
  • #11,772
  • Oct 24, 2022 11:31am Oct 24, 2022 11:31am
Quoting pipmaster77
{quote} MFF has three programs, you want the evaluation.......it is EXACTLY like FTMO,...
actually it's not like FTMO. FTMO, unlike others, calculates the daily drawdown from the midnight balance, whereas most others (incl. MFF) uses the higher of Equity/Balance
Money is made by sitting, not trading
  • #11,773
  • Oct 24, 2022 12:00pm Oct 24, 2022 12:00pm
Quoting Vitore
{quote} actually it's not like FTMO. FTMO, unlike others, calculates the daily drawdown from the midnight balance, whereas most others (incl. MFF) uses the higher of Equity/Balance
True. However, this subtle change they imposed back in August essential does the same thing. Stops one from compounding rolling profits.

Hello traders,
Welcome to another quick update on our ForexFactory thread. I have a few platform-related news to share, so let’s dive straight into it.

Starting from Saturday, 20 August 2022, MT4 and MT5 platforms will calculate free margin based on the account balance instead of the account equity.
Going forward, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.
  • #11,774
  • Oct 24, 2022 1:13pm Oct 24, 2022 1:13pm
guys pls see, i also try to inquire on discord. u can also check it right now because audnzd on mff and the audnzd of myforexfunds 5 minute chart is different. is this something to do with the spread or they are manipulating the charts
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 33 KB
  • #11,775
  • Oct 24, 2022 2:35pm Oct 24, 2022 2:35pm
Quoting pipmaster77
yes, so you actually have 58 days with MFF and 44 days with FTMO.
-I do not personally care much about maximum trading days, but I know that some traders do. That being said, TWE has 365 days for their 1-step challenge and 60 days on both phases for their 2-step challenge, with the option to add an additional 60 days through customization options.
  • #11,776
  • Oct 24, 2022 3:15pm Oct 24, 2022 3:15pm
Quoting KoyaAndy18
guys pls see, i also try to inquire on discord. u can also check it right now because audnzd on mff and the audnzd of myforexfunds 5 minute chart is different. is this something to do with the spread or they are manipulating the charts {image}
Time is not readable on the chart. At what time has that happened.
  • #11,777
  • Oct 24, 2022 4:27pm Oct 24, 2022 4:27pm
Quoting KoyaAndy18
guys pls see, i also try to inquire on discord. u can also check it right now because audnzd on mff and the audnzd of myforexfunds 5 minute chart is different. is this something to do with the spread or they are manipulating the charts {image}

Trading view doesnt show rollover spreads. IF you compare tradingview to any tradeable chart you will see its different.
  • #11,778
  • Oct 24, 2022 5:05pm Oct 24, 2022 5:05pm
Quoting Nsak3y
{quote}-I do not personally care much about maximum trading days, but I know that some traders do. That being said, TWE has 365 days for their 1-step challenge and 60 days on both phases for their 2-step challenge, with the option to add an additional 60 days through customization options.
who is TWE?
in holiday till end of November
  • #11,779
  • Oct 24, 2022 7:59pm Oct 24, 2022 7:59pm
Quoting forexbali
{quote} who is TWE?
Traders With Edge

https://traderswithedge.com/
Pride always comes before destruction.... -Proverbs 16:18
  • #11,780
  • Oct 24, 2022 11:57pm Oct 24, 2022 11:57pm
Hello all. for those here that have past prop trials ,what would you recommend as risk to get started . I was thinking 0.15% get a buffer then bump to 0.25 % max . Thanks for any input.
54 traders viewing now