fxtrader2022

Forum Replies Created

Viewing 10 replies - 1 through 10 (of 10 total)
  • Replies
  • fxtrader2022
    Participant
    No worries, let me know if you have any further questions. I’ll gladly help you answer them if I can. Good luck in the markets.
    0
    0
    fxtrader2022
    Participant
    Absolutely, My Forex Funds has very good trading conditions. You can pretty much completely eliminate occurances of higher slippage if you stop trading during high-impact news releases and overnight rollowers. If you are a day trader/scalper, you should always focus on avoiding those two instances to prevent the occurance of slippage on your evaluation or funded account. By doing so, you will definitely limit your additional losses that would otherwise appear because of slippage. I know that by implementing this to my trading strategy, my results were significantly better and some of the stress was also gone. I hope that the advice helps you too.
    0
    0
    fxtrader2022
    Participant
    When it comes to slippage it is true. However, it is most noticable during high-impact news releases, which shouldn’t be problematic since it’s very risking to trade during those time periods. It’s best to avoid trading high-impact news releases if you ask me so by doing that, you avoid the slippage problem. Atleast that’s my view on how I look at it.
    1
    0
    fxtrader2022
    Participant
    That is the correct way for looking at it for sure. Having a $50k funded account with FTMO is way better than a funded $200k account with a random unknown prop firm that you can’t know if you will receive your payout. Always stick with the Proprietary trading firms that have the payment proof and the feedback to back the payments and legitimacy of the company. Filter those firms out, then find the one that have the best trading conditions for your trading style. For example, based on my personal experience I would recommend FTMO, MFF, FundedNext, and lastly E8 Funding. There are more reliable ones out there, but these would be the ones that I found the most success with and that continue providing and working on improving on a regular basis.
    1
    0
    fxtrader2022
    Participant
    I would also suggest you check FundedNext before some of the prop firms you mentioned, they have very good conditions for traders and the 15% profit sharing from evaluation phases is also an incredible feature. I would say that they are better than Finotive Funding, Top Tier Trader, and True Forex Funds, so be sure to check them out.
    0
    0
    fxtrader2022
    Participant
    Exactly, if you have a funded $300k My Forex Funds account, and a funded $200k FTMO account that are profitable, you will start earning the income that will help you open trading accounts with other less popular proprietary trading firms such as Leveled Up Society, Top Tier Trader, etc…
    0
    0
    fxtrader2022
    Participant
    Leveled Up Society are realible. I know two individuals personally that are funded with them and are achieving success. However, in my opinion, there are better prop firms out there to get funded with primarily. I would say My Forex Funds, E8 Funding, and The Funded Trader Program are some of those firms. However, note that this is solely my personal preference.
    0
    0
    fxtrader2022
    Participant
    E8 Funding really is reliable, instant credentials, no minimal trading days, straighforward trading rules, and an account size of $250k.

    Completely changed my opinion about them for the better since they first came out now that I have tryed them out!

    0
    0
    fxtrader2022
    Participant
    Loving their instant funding, got login credentials instantly!
    0
    0
    fxtrader2022
    Participant
    By far, if you ask me personally. They are crushing the proprietary firm industry.
    3
    0
Viewing 10 replies - 1 through 10 (of 10 total)