Max Drawdown vs Trailing Drawdown

Discussion in 'Prop Firms' started by GotherL, Jan 29, 2023.

  1. I agree FTMO have much better terms, but they are cfd only, so if I’m a futures trader using ninja for analysis, I also have to have mt5 up and market in/out trades because they are slightly different markets. Or is there any other way?
     
    #11     Feb 4, 2023
  2. trade2020

    trade2020

    I believe you can trade on any MT4 acct (including funding firm accounts) through TradingView - if you can use TradingView for your analysis VS Ninja. For example see- In my opinion trading dow jones , SP500 or Nasdaq 100 via CFD's through MT4 is not really disadvantageous versus doing it on futures unless you are just trying to scalp for 1 to 3 ticks (if you are just trying to scalp for a couple of ticks then futures better because of tight spread---but if you are trying to make say 5 points to 20+ points or more on SP500, or say 10 points to 40+ points on Nasdaq then theres really no difference trading on CFD versus Futures in my opinion if you are using someone else money to trade via these funding firms. Also if you research there are lot of analysis add-on indicators available for MT4 (and MT5) that might be able to mirror what you are doing on Ninja--also tradingview has a ton as well
     
    #12     Feb 4, 2023
  3. Thanks, will check out a demo with ctrader, see if I can manage the analysis of the futures and trade cfd.
     
    #13     Feb 7, 2023