One tipoff is that pretty much every firm out there —will not— let you see the language of the funded agreement up front so you can evaluate...
Yes--agree with that (their PRO is still Sim so where does the wining traders get paid? Hamster wheel fees). The only advantage on the Pro "sim"...
TakeProfit (futures) claims to do live acct once you get to Pro+ Also--they supposedly allow you to withdraw profits every day as opposed to most...
I would say that in my opinion Minervini is not a scam and is a good trader but there is no doubt in my mind that he makes ALOT more money and...
I recognize these programs for what they are. An opportunity to get $3.3/$4.5K in margin. For example a $200k challenge from someone like FTMO...
https://ftmo.com/en/faq/who-can-join-ftmo/#:~:text=In%20the%20case%20of%20the,persons%2C%20who%20are%20company%20trusts. USA update – January...
All of these types of challenge "funding firms" should be viewed as stepping stones only--not a long term continuous solution for trading for...
0.4% profitable "live accounts" sounds about right -- imagine how low that % number would be if you look at the math figure on total consistently...
I wonder it at least the USA based firms (like Topstep) could be subject to FTC legal action alleging misleading advertising - etc which could...
Most firms in my opinion are just an illusion, a "mirage", to lure traders in and many do not offer upfront that you can see all the details and...
If its "Traders First" then you (as well as FTMO and others) should offer daily on demand payouts of profits to traders. That goes a long way to...
As long as the funding firm pays the trader 100% real money of what they are owed promptly, on time--every time, with no excuses, delays, or...
--If you are going to try funding firm evaluations/challenges in my opinion you should only consider ones that have fixed max daily loss limits...
Yes--all the "funding" firms are BS/scam in 1 fashion or another (in my opinion)---some much worse than others -- the ones with "trailing...
Yes--all the firms are BS in 1 fashion or another some much worse than others -- the ones with "trailing anything" whether its trailing drawdown...
Trailing drawdown is also worse for intraday session trading FTMO $200k account as an example with a fixed daily drawdown of $10,000. During the...
Definitely a good idea to get familiar using a platform using a demo. Paper trading also a good idea to a point but it can also give you a false...
I have traded both NQ futures and traded US100 on Forex. There is no difference unless you are trying to just do small point scalps then futures...
Not cherry picking--just replied about this firm as that was the firm your post was about. In reality none of the firms offer clear black and...
They dont want the risk in overnight and weekend gaps--there are some firms like FTMO that offer decent sized Swing Trade accts that you can hold...
Separate names with a comma.