Isn’t it nice to finally have the odds stacked on your side❓If you’re curious about PropEA here’s a link 📈 propea.net/?ref=LTe8yeG28wfwLOA Let me know if you have any questions🙋♂️
In level 2 if you Pass you don't lose 1,000 in fact you only lose 500 in live account. Remember if you fail Phase 2 you have to lose 10% as it is the Max DD allowed by FTMO which would make you 1,000 in live account But if you Pass Phase 2 you would only lose 500 as Phase 2 only requires 5% to pass!
I haven’t even finished watching the video but just have to say this is very very interesting. Whenever I’ve heard about ea’s they never end up working. Once I get my mechanical system consistent this is definitely something I’d be interested in 😊
If you are taking profitable trades on your challenge account then the bot is doing the opposite on your live account. Why would I want to win a challenge and lose real money in my personal account?
But in case that prop total loss is less than target, can fall onto spread costs if won-loss-won-loss infinite... and... lets be honest, there are costs with deposits and withdrawals too
Where you are making 10k and losing 3k is dangerous because you are risking the complete account. What if market does not continue the movement, then you will lose your account because of daily drawdown and will also lose a part of your capitale.
I don't understand when you said "access to $100K prop account is actual true value is the 10% drawdown". So in effect you only control 10K. I need an explanation. thank you
Great video! do you know what's the lots projection formula? like how does it decide how much of lot it have to use on prop and how much to use on real?
@@lincolnneilsen 1.) To your experience what is the winning rate of this EA in passing the challenges? 2.) do you use the to keep trading after you pass the challenge?
This EA automatically calculates lot sizes for perfect hedging, can auto close and manage trades before DD and ultimately provides a much more hands off experience than having to manually hedge every trade you’re in.
I don't get it… if you lost one of your accounts & let's say it's the Propfirm account, means you have breathed the rules by losing 10,000$, so the other account won 10k… & the opposite is if you won & moved to the second stage means your real account has lost 10k out of only 3k which makes this impossible, can you explain am I lost or there's a problem in the math?
of course you can. swing traders do that. they place their position and also hedged position on two different account manually. because on higher time frames there is plenty of time.
The license is linked to your live account (MT4/MT5), not the prop account, which means you can use it to pass multiple challenges, but one challenge at a time, as long as your license is valid.
what live account works with this for a U.S. citizen? Where do you suggest to trade live that has ability to put on EA or use MT4 and MT5? Also, FTMO is closed to U.S. citizens now as well
Hi, I wanted to ask if a prop firm can say the way you passed is risky and not give you a live account? I want to try this with the funded trader 400k royal challenge, but I will be risking a lot if it does not work out.
Thanks for watching! Really depends on the market volatility and leverage. High leverage + trending market + 4 days per FTMO phase = could hypothetically pass in 8 days.
Great info and thanks for this. Really interesting. Don't know if u can answer this, but if in their spitefulness, for whatever reason, a Prop Firm decided it wasn't going to allow the use of this EA (some Prop Firms require you to submit the name of the EA you'll be using). Is there any way to mask the use of the EA? require you to submit the name of the EA you'll be using). Is there any way to mask the use of the EA?
Thanks for watching! That's a tough situation, as mentioned, PropEA has been thinking about this which is why there is a magic number input, trade comments and the fact that all PropEA trades are unique from each other. With that being said, in that type of situation, it really increases your prop firm risk if you're working with a firm that has such strict rules. My best advice would be to use another firm if possible.
Hello mate, have you use it already on a live funded account? Im curious if you go for 10% on the funded account and you achive it with for example 1 trade..if they gonna pay or not. Because there is a risk, if ftmo is not pays you and you also lose the 3k on your personal account thats pretty bad.
There is always prop firm risk to some degree, even when you trade discretionary on prop firms. With that being said, there are multiple payout examples of traders who got payed using PropEA strategies in the PropEA telegram! t.me/propea I'm still in the challenge phase of my personal account!
Hey, really liked your content. But is it considered arbitrage hedging? Is there any chance the prop firm found out and ban my account or not paying out? I would lose on my live account and not being able to recover from prop funded account
Thanks for the comment! From what I’ve understood, arbitrage hedging is against the rules of it uses 2 prop accounts, specifically of that same company. However with PropEA, from the prop firm perspective, you just have one challenge account running that’s taking shorts and longs. It really wouldn’t be possible/fair for them to claim you’re hedging when they have 0 access of your live account.
@@lincolnneilsen if phase 2 passes you don't lose 1k, instead you only lose 500. This is because or the asymmetrical risk to reward on phase 2. So when phase 2 passes it only needs 5% so you only lose $500 on the real account. But if phase 2 fails and goes all the way to 10%, then yes you would gain $1000 on the real account.
Hey there @lincolnneilsen! 👋 I'm with Traders With Edge and we've been truly impressed with the content you've been putting out. We'd love to offer you a prop challenge account to test our platform. If you're interested, after reviewing it, we're even considering arranging a special challenge account giveaway exclusively for your subscribers. Think it could be a fun collaboration? Let me know how you feel about this and if you'd like me to set everything up for you! 🚀
Great question. The margin requirements really depend on the broker you use. I've seen some brokers with a $0 stop out level but you'll need to adjust depending on what live broker you are using.
How do you copy the trades from the master prop firm account to the live account (slave)? Do we need to use a 3rd party reverse trade copier? Or is the PropEA able to do this by itself?
About "My Trading" I see the before that your Prop firm is earning $155 while live account is down by $10. i thought live account will be equal to prop firm amount ?
Really good explanation and very interesting concept. Seeing how meta quotes has removed unregulated brokers from their platform, does propEA also work with regulated, low- leveraged brokers who do not allow indicies/gold trading ?
Thanks for the comment. Since PropEA is a hedging EA, any instrument you intend to trade must be available on both accounts. When it comes to leverage, the trades are initiated based on the leverage and margin requirements of the Prop account. The opposite trades on the live account are much smaller, because their target is to recover the cost only. Therefore, the EA can operate on leverage as low as 1:30 with “Slow” mode with no problems. Slow mode is an option that you can select in the EA settings, and it would place smaller trades with farther TP/SL.
I'm not a lawyer but you're really only trading on the live account, all prop firms are simulated environments and won't effect real market liquidity/price.
Isn’t it nice to finally have the odds stacked on your side❓If you’re curious about PropEA here’s a link 📈 propea.net/?ref=LTe8yeG28wfwLOA Let me know if you have any questions🙋♂️
In level 2 if you Pass you don't lose 1,000 in fact you only lose 500 in live account. Remember if you fail Phase 2 you have to lose 10% as it is the Max DD allowed by FTMO which would make you 1,000 in live account But if you Pass Phase 2 you would only lose 500 as Phase 2 only requires 5% to pass!
U loose 1000$ in 2 phase as of 500$in 2nd phase and ur challenge fees 500$ = 1000$ simple
why not do it between 2 prop firm accounts from diffrent firms?
Thank you Lincoln for taking the time to test and review PropEA. We’re looking forward to seeing more of your great content soon!
I haven’t even finished watching the video but just have to say this is very very interesting. Whenever I’ve heard about ea’s they never end up working. Once I get my mechanical system consistent this is definitely something I’d be interested in 😊
If you are taking profitable trades on your challenge account then the bot is doing the opposite on your live account. Why would I want to win a challenge and lose real money in my personal account?
But in case that prop total loss is less than target, can fall onto spread costs if won-loss-won-loss infinite... and... lets be honest, there are costs with deposits and withdrawals too
GOOD COMMENT -realistic !! A lot of unknown things could happen !! And is quite complicate
Where you are making 10k and losing 3k is dangerous because you are risking the complete account. What if market does not continue the movement, then you will lose your account because of daily drawdown and will also lose a part of your capitale.
I don't understand when you said "access to $100K prop account is actual true value is the 10% drawdown". So in effect you only control 10K. I need an explanation. thank you
Cuz once it reaches 10 percent drawdown it closes down
Your is terminated at 10k drawdown so you really have 10k account
Great video! do you know what's the lots projection formula? like how does it decide how much of lot it have to use on prop and how much to use on real?
Excellent! Can you do a video about how you got everything setup? Master/slave/copier , VPS or no VPS?
Great idea! For my setup I did no VPS, and just ran MT4 + MT5 for prop and live accounts.
@@lincolnneilsen 1.) To your experience what is the winning rate of this EA in passing the challenges?
2.) do you use the to keep trading after you pass the challenge?
Why do we need this EA, as compared to simply do reverse copy trading?
This EA automatically calculates lot sizes for perfect hedging, can auto close and manage trades before DD and ultimately provides a much more hands off experience than having to manually hedge every trade you’re in.
I don't get it… if you lost one of your accounts & let's say it's the Propfirm account, means you have breathed the rules by losing 10,000$, so the other account won 10k… & the opposite is if you won & moved to the second stage means your real account has lost 10k out of only 3k which makes this impossible, can you explain am I lost or there's a problem in the math?
thank u for the information but can i make it manually with out using EA, by placing opposite orders in the two different account
of course you can. swing traders do that. they place their position and also hedged position on two different account manually. because on higher time frames there is plenty of time.
Hi, nice explanation. Is the license locked to particular name of MT4 or MT5 if i purchase?
The license is linked to your live account (MT4/MT5), not the prop account, which means you can use it to pass multiple challenges, but one challenge at a time, as long as your license is valid.
@@ThePropEA ok noted. Thank you very much
what live account works with this for a U.S. citizen? Where do you suggest to trade live that has ability to put on EA or use MT4 and MT5? Also, FTMO is closed to U.S. citizens now as well
Hi, I wanted to ask if a prop firm can say the way you passed is risky and not give you a live account? I want to try this with the funded trader 400k royal challenge, but I will be risking a lot if it does not work out.
How long did ot take before you failed the challenge?
This challenge ran for about 2 weeks.
Woahhh thats such an intersting strat
This is fun... So basically win 3 runs in a row and walk away w, a few K. Other wise break even. Repeat.
Could you complete a cycle in a week or 2?
Thanks for watching! Really depends on the market volatility and leverage. High leverage + trending market + 4 days per FTMO phase = could hypothetically pass in 8 days.
Make a vid or provide stats on 1 phase challenge accounts please.
Great info and thanks for this. Really interesting. Don't know if u can answer this, but if in their spitefulness, for whatever reason, a Prop Firm decided it wasn't going to allow the use of this EA (some Prop Firms require you to submit the name of the EA you'll be using). Is there any way to mask the use of the EA? require you to submit the name of the EA you'll be using). Is there any way to mask the use of the EA?
Thanks for watching! That's a tough situation, as mentioned, PropEA has been thinking about this which is why there is a magic number input, trade comments and the fact that all PropEA trades are unique from each other. With that being said, in that type of situation, it really increases your prop firm risk if you're working with a firm that has such strict rules. My best advice would be to use another firm if possible.
Have you gotten funded by Funded Next? If so, did you get any payouts?
I will be attempting and documenting another challenge very soon!
Hello mate, have you use it already on a live funded account? Im curious if you go for 10% on the funded account and you achive it with for example 1 trade..if they gonna pay or not. Because there is a risk, if ftmo is not pays you and you also lose the 3k on your personal account thats pretty bad.
There is always prop firm risk to some degree, even when you trade discretionary on prop firms. With that being said, there are multiple payout examples of traders who got payed using PropEA strategies in the PropEA telegram! t.me/propea I'm still in the challenge phase of my personal account!
Also I just saw that PropEA released a new version and with 1.60 you can now split up your EA trades into multiple smaller trades!
Hey, really liked your content. But is it considered arbitrage hedging? Is there any chance the prop firm found out and ban my account or not paying out? I would lose on my live account and not being able to recover from prop funded account
Thanks for the comment! From what I’ve understood, arbitrage hedging is against the rules of it uses 2 prop accounts, specifically of that same company. However with PropEA, from the prop firm perspective, you just have one challenge account running that’s taking shorts and longs. It really wouldn’t be possible/fair for them to claim you’re hedging when they have 0 access of your live account.
hi ... i think some math are wrong...can u revise it please?
Thanks for watching. Can you share a little bit more about what step you are confused with so I can review?
@@lincolnneilsen if phase 2 passes you don't lose 1k, instead you only lose 500. This is because or the asymmetrical risk to reward on phase 2. So when phase 2 passes it only needs 5% so you only lose $500 on the real account. But if phase 2 fails and goes all the way to 10%, then yes you would gain $1000 on the real account.
So it's actually better, it only costs 1k (-500 on phase and only -500 on phase 2) to get funded 100k
You totally botched the strategy, clearly you copied it from other channel...nice try kiddo! LOL!
Hey there @lincolnneilsen! 👋 I'm with Traders With Edge and we've been truly impressed with the content you've been putting out. We'd love to offer you a prop challenge account to test our platform. If you're interested, after reviewing it, we're even considering arranging a special challenge account giveaway exclusively for your subscribers. Think it could be a fun collaboration? Let me know how you feel about this and if you'd like me to set everything up for you! 🚀
one issue: in the math: at some point you only have 1k in you balance and you got to loose 1k...how much margin extra would you need?
Great question. The margin requirements really depend on the broker you use. I've seen some brokers with a $0 stop out level but you'll need to adjust depending on what live broker you are using.
How do you copy the trades from the master prop firm account to the live account (slave)? Do we need to use a 3rd party reverse trade copier? Or is the PropEA able to do this by itself?
PropEA does this by itself!
(not sure how much margin extra needed) so 5k altogher you reckon?
Why taking $10.000 for your overall capital after passing the challenge while knowing that after loosing $5000 a day your account is blown
This is obviously for traders who lose almost every trade
Interesting perspective. Based on prop firm stats, this tool can be useful for a large majority of traders as 99% fail to get a payout.
@@lincolnneilsenyup
About "My Trading" I see the before that your Prop firm is earning $155 while live account is down by $10. i thought live account will be equal to prop firm amount ?
As they are different account sizes, the PNL will not be 1:1.
I use EAs from Petko to pass $10k challenge. This joker doesnt know what is he talking about.
great but what does his eas have to do with this video
Really good explanation and very interesting concept.
Seeing how meta quotes has removed unregulated brokers from their platform, does propEA also work with regulated, low- leveraged brokers who do not allow indicies/gold trading ?
Thanks for the comment. Since PropEA is a hedging EA, any instrument you intend to trade must be available on both accounts. When it comes to leverage, the trades are initiated based on the leverage and margin requirements of the Prop account. The opposite trades on the live account are much smaller, because their target is to recover the cost only. Therefore, the EA can operate on leverage as low as 1:30 with “Slow” mode with no problems. Slow mode is an option that you can select in the EA settings, and it would place smaller trades with farther TP/SL.
Isn't this considered wash trading?
I'm not a lawyer but you're really only trading on the live account, all prop firms are simulated environments and won't effect real market liquidity/price.
can i do this on 2 propfirm accounts from different propfirms ?
true
Bro, I think the last cell of your brain is also dead..
How would you get payments to buy another challange by cross trading challange phases??