Disliked{quote} They have too many rules - ways to fail traders! Why buy a challenge with only 5% max loss when you can get a chellenge with 10% or 12% max loss with the well known companies?Ignored
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- #12,242
- Nov 5, 2022 2:16pm Nov 5, 2022 2:16pm
- Joined May 2016 | Status: Trader | 6,304 Posts
{quote} yes and this is the last column I want to add in my files, I added one "AD" absolute drawdown but it will not be perfect, absolute is when it doesn't trail and they always give you the chance to lose that 5-10% below the IB even if you went to +20% then you can close at -10%. Now the problem of who trails and lock in at IB, that this can cause a problem if the scale up (x2, 100%) like in FTplus, or MFF accelerated x1.75 in average. so when you scale, if they don't give you again a daily or total stop out level below your IB you will have...
I get it, the challenges (phase 1s) are tough and the business model is partially if not completely (couple of exceptions) based on failure.
However, if you cannot do the eval model, you really do not need a prop firm......you are better off to continue trading your own $$$$$.
- #12,245
- Nov 5, 2022 6:59pm Nov 5, 2022 6:59pm
- Joined Jul 2011 | Status: Gold Again | 10,565 Posts
{quote} 1. Crypto + Oil is not available, ONLY in The Funded Trader 2. VIX trading is not available at MFF, TFT, E8 ONLY thank you
https://forexpropreviews.com/which-p...rading-crypto/
It takes a lot for me to IGNORE you, but you can try.
- #12,246
- Nov 5, 2022 7:22pm Nov 5, 2022 7:22pm
so I'm checking alone, and double checking also, in forexproreviews says that you can trade crypto on TFT, this is not true, you can trade it only in demo... challenge, in real where you get the real $$$, you can't. They don't trade anymore crypto in TFT.
in holiday till end of November
{quote} they was already filtered by me and from this forum I never liked their programs always forex prop firm has very bad reviews in trustpilot, banned by me https://docs.google.com/spreadsheets...it?usp=sharing also we are waiting news about The Prop Trading for the big alarms there of banning users and not paying them. {quote} yes don't worry I will never forget that. Please can somebody confirm, just to double check, that in the best prop firm names: 1. Crypto + Oil is not available,...
Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time.
@forexbali, you can simply search on your own next time:
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- #12,251
- Edited 9:03am Nov 6, 2022 7:50am | Edited 9:03am
Why is FundedNext soo popular these days? If you check the comments below the video, everyone like FundedNext https://www.youtube.com/watch?v=OatSgItPYmA
very popular, and lot of rules, not good for us, you fail fast fast I think, I can't touch it
E8Funding: no MT5 next week, they said now 2 weeks. They are in late.
I will start with some other program then.
{quote} I am not sure how many prop traders trade VIX? Maybe 0.0001% LOL I could this article https://forexpropreviews.com/which-p...ing-vix-index/. Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time. @forexbali, you can simply search on your own next time: 1. {image}2.{image}3. {image}
{quote} I am not sure how many prop traders trade VIX? Maybe 0.0001% LOL I could this article https://forexpropreviews.com/which-p...ing-vix-index/. Some of their articles are old, but still, there is a lot of information. At the bottom of the article, you can check when it was updated last time. @forexbali, you can simply search on your own next time: 1. {image}2.{image}3. {image}
in FTMO I had it, and I liked to trade it or build some small position, sometime it's more easy to long or short vix when the 3 indexes act crazy, like the past weeks where the dow is so strong and react much faster of nasdaq-sp500, there are nice arbs to do to adjust your trades.
{quote} The comparison table is not fair for CTI，because every dollar in personal account is used for compounding, while the profits on each level at CTI are just deposited into the bank account. You can open a personal trading account and compound the profits that are withdrew from CTI.
So that programs are the best of the phase 1 because you are not trading anymore with your money, they refunded it with the 1st phase, the evaluation.
ADDED THE COUPONS DISCOUNT TABLE
TO STAY UP to date with best discounts:
if you find nice discounts, always valid as code, or with expiry, post it here, and I will update for all of us.
in holiday till end of November
{quote} here all the list with no time limit https://docs.google.com/spreadsheets...it?usp=sharing
good document 
Please fix this: https://myforexfunds.com/accounts/evaluation/
it has 30 days limits for evaluation. so it pushes to gambling..
- #12,256
- Nov 6, 2022 10:22am Nov 6, 2022 10:22am
- Joined Dec 2005 | Status: Com Member = Scammer | 5,408 Posts
{quote} tnx
- #12,257
- Nov 6, 2022 10:23am Nov 6, 2022 10:23am
- Joined Dec 2005 | Status: Com Member = Scammer | 5,408 Posts
- #12,258
- Nov 6, 2022 10:28am Nov 6, 2022 10:28am
{quote} tnx
all phase 2 challenge are usually 30D, with TFT that is 35D and CTI that has 45D for a small daytrading program.
Any if you guys heard about an MFF rule or "hidden" rule that states that you cant merge and already merged account. For Example....if you have already merged 2 x 50k accounts and now have a 100k account, you can not add/merge any nore accounts onto this as it has already been done once?
it's all about read the rules in deep, but in general merge is not a big issue, I will be more worried to manage many prop accounts and so a copier is a much better tool and issue.. to manage all your accounts at once, or as somebody said here, in 2 blocks better, so you have max 2 trading account and you alternate them and you don't risk to go in bankrupt in all your AUM at once, with no income... for months then.
in holiday till end of November
- #12,260
- Nov 6, 2022 10:46am Nov 6, 2022 10:46am
- Joined Dec 2005 | Status: Com Member = Scammer | 5,408 Posts