infofirst:


Die keh.. They will adapt asap. What are you talking about... The industry standard is no time limit. Unestablished or upcoming firm will struggle. Be careful before you join any prop firm that just launch after today o

infofirst:
Which stage are you in prop firm journey?
Phase1: Struggling to get a challenge account
Phase 2 : Got a challenge account
Phase 3: Trying to pass a challenge account
Phase 4: Funded but not yet pay out
Phase 5 : Funded and blew the funded acct
Phase 6: Funded and withdraw
Phase 7: Funded, withdraw and blew the funded account
Phase 8: Funded, withdraw, and withdraw and scale up
Phase 9: Acquiring multiple challenge accounts and funded and withdrawals.
Phase 10: Loading personal accounts with profits from prop firm.

PraiseGod4u:



There is no high probability setup for a systematic trader.
Because before taking a trade, all your checklist should be met.
We are the ones gambling while calling it trading

XAUTrader4L2:



Baba I am not healthy enough to be a scalper or day trader

zedegit:


Does anyone ever know enough? Even as you think you know, they may be formulating new rules which you may not be aware of until you equally breach it.

Thanks for your input though.We learn together.

NB: I am not preaching anything. I am simply expressing my observation.

XAUTrader4L2:
People really enjoying with prop firms, making some of us feel left out

zedegit:


Meanwhile that of mffx has something to do with the trailing 6% [/b]which they say they calculate from the highest ever amount you made.

Someone took $5000 close to $5500 then lost 4% (Daily DD)which is $220. They took the account from him. He not only lost his account but also lost his generated profits of about $200.

[b]Another they accused him of using EA to trade, seized his account and denied him profits.

I can go on and on but what do I know? I suggest you join their discord community and follow complaints and their response. You will learn one or two.

Emmizay12:


lol na only people wey dey blow prop firm accounts dey scream scam,


but the rate at which propfirms are everywhere these days, with different conditions, me I'm waiting for the propfirms that will do a 1 step 5% profit target only, with the same trading conditions and prices of a MFFX 2 step account

Is this prop firms the future of Forex trading or is this just a bubble about to pop?

klinksd:


...My Oga, if you want to be vawulent, come out plain, the weekend is already here...which of the two traders is it?....

...🏃🏽🏃🏽🏃🏽🏃🏽🏃🏽🏃🏽🏃🏽🏃🏽🏃🏽

peteregwu:


I think https://the5ers.com/ prop firm are offering no time limit too.

OfficialP:


TFT. I think they will start it next month

OfficialP:
Here's the thought coming to my mind.

if you have 10000 prop account for. example, 5percent of it is 500 usd.

That's the actual capital you have to trade with. Trade the account with the mindset that your capital is 500, not 10000

Nwadaka:
I loaded mad on GU buy , anticipating to pass my 100k phase 2 to challenge today, just 2%. Good luck 🤞

Donsheddy:


Na wetin my fragile heart fit carry oh 🥲

saintelvnn:


Even if I save 100$ I would still trade with 0.10lot size, just one position, $100/1000lots=0.10lots, same tin for me man
There is no difference at all, na only when I won invest I go use small lots and keep am there but now you see ehnn if no trade I no eat

Yeah 20% on mad volatility that's why I'm still working on getting sniper entries to guide my SL bro

klinksd:


Risk Management is central and basic for any trader that wants to be profitable in the long term. That is clearly not in dispute here.

Just so we are clear, if your strategy hits SL 10 times at a row, you would not bother to tweak it...?

OfficialP:
Risk management is the key.

All this sophisticated technical analysis is not worth it, trade will win and lose, it doesn't matter how you analyzed the market.

Knowing this will stop one from changing systems and strategies and be at peace

infofirst:


My Tp Got slippage by like 32.7pips some 17mins ago and hit. Bonus for me. I think the side one is makes one feel otherwise

EmmanuelVi:

Aah! Bro, there are a lot of things to do to stack the odds in your favour, some of these goes back to the very building blocks of Technical Analysis itself;

VeeVeeMyLuv:
for some pairs like gold he is very correct.

But for some other pairs haba, the signals are as clear as crystal

Fxwarrior:
There are good months and bad months.

Best is to sit out this month.

Unstable market is not worth trading for your capital sake.

realone12:
omo! all this on wether the price Will go up or down? we are in dip shit

Emmizay12:


but is MFFX spread okay for scalping on the 5mins timeframe?

EASYLIFE4US:
Thinkmarkets broker that tft is using now is a very bad broker, they stop hunt too much and even push your stop loss beyond where you placed it. I'm considering dropping tft because of this b-book broker's nefarious actions

rainlover:
Where's meshpips? Baba has been silent lately