WebThe profit split will be up to 85%, should you pass the challenge process, which is industry leading! You have to trade for a minimum of 10 days during the 30 day process and through the 60 day stage 2 challenge too. You’ll have a maximum daily drawdown of 5%, with an overall maximum drawdown of 12%. The profit target is 8% in stage 1 and 5% ... WebBro most people with funded accounts trade 1% MAXIMUM. myself and a few others usually trade 0.5% ….. If your willing to risk 2% per trade you’ll be blowing funded accounts in no time at all. 1% of 400,000 is still 4,000 dollars. 2% a week is 32k a month…. 2.
My Forex Funds - Discussion/Q&A Forex Factory
WebI haven’t actually started mate but my interpretation is that it is per trade. I’m undecided on MFF and FTMO so please let me know how you get on if you go with them, I’m gonna do another month of my personal account to get drawdown in the parameters. I’d also note the drawdown on MFF is on account equity at daily close not on balance. WebDec 17, 2011 · In the closed order (history) window add a coloum that tells me the high and low watermark of each trade, in pips would be fine. It would only show for the 'closed' trades. I review my trades at the end of each week and month and would like to see if my targets / stops are appropriate. kosciusko county property taxes pay online
My Forex Funds 5% Daily Drawdown EXPLAINED - YouTube
WebMy overall rating – 8.6/10. My Forex Funds has earned a place on my Best Prop Firms of 2024 list. They rank amongst the best in terms of trader resources, affordability, profit splits and tradable assets. Now’s a great time to start trading with My Forex Funds and join one of the world’s best prop firms at a great price. What Others Are ... WebWhat is also really interesting is that the challenges are easier to pass. 8% target with 12% max drawdown, compared to 10-10 with ftmo. Also, when your funded you trade on a live account without slippage. Ftmo has extremely bad slippage. A €400 traded suddenly became a €470 trade lol. WebHow to calculate Drawdown? Lets say your account hits a high balance of $100 and drops down to $72. That is a drawdown of (100-72)/100=28%. Every time the account hits a new peak, you look for a new low point to calculate the new drawdown. If youre getting a higher drawdown value than the previous value, you have a new max drawdown. manitowoc monterrey