For April 2024, get ANY of the starter account sizes for just $50. That is up to 86% off regular prices! Use code PAVT at checkout to get the discount.
The dashboard updates quite late though. Its been 4 hours after EOD and I can see my net profit but it doesn't show me how many trades I took today on the calendar or on the closed trades bottom part
I would not think so. Also in general all these companies the funded traders start on demo and will not be moved to an actual LIVE account until they prove good long term consistency. So I think maybe until someone gets to that level they might be paying more attention to what they are doing.,
Man, that concern makes no sense for a lot of reasons. For one, they can see your entries and exits, but that doesn't mean they can reverse engineer your strategy. It would be quite unlikely to spend time doing that. They don't have access to your charts, or your mind to understand how or why a certain level was drawn and repeat that consistently. Secondly, it would be a good thing to have another trader taking trades with you. That's what makes a trade work. Orders that enter the market in your favor. Not only that, but it's not like they'd be entering with enough size to impact the market in any meaningful way anyway. Lastly, you're way overestimating yourself and your strategy, whatever it may be, however profitable it may be, by even being slightly worried over it getting stolen. Your strategy would have to become so overwhelmingly, extremely popular that HFTs and algorithms in the market will account for it and render it useless. That's just not going to happen.
Thank you! The buffer zone is after your account reaches (profit target +$100 ) the amount needed to not get it back down to baseline ? The buffer zone withdrawal rule was kind of confusing for me
Yeah. It sounds confusing but basically they say the buffer zone is the same as saying drawdown. So after the liquidation stops trailing at profit target + 100
Very few firms let you hold over weekends. For full guides on many of them check out my new prop firm guide site linked in the video descriptions called TraderFundingPromos.
Thank you for the videos I’ve returned after more thinking and I’ve realized the real key to these accounts is knowing the threshold is basically equal besides the number of contracts you can control, and the larger accounts have higher RR to be reached in the trial, it doesn’t matter if you have more contracts if you’re risking 1%, if you’re trading something like NQ You wouldn’t be risking 10-15 contracts considering what a Standard SL would be, or else you’ll lose instantly in my opinion get a 50k or maybe a 100k if you trade currencies get a 10k threshold built on your real and then risk 5 - 10% of 10k which is higher than any of the 10% drawdown they give you from your original max draw down even for the 150k account, and you have a great cushion to really earn a lot of money and will never be at risk of losing your account unless you go on a major losing streak
One question, do you know if you get the static account. And you pass it, you will always have a static drawdown of 1500? Meaning you go up in profit lets say 2000, withdraw the whole amount. And therefor get back to the 30 000 mark. The static drawdown is still at 1500, in this case 28 500?
Yes, the static never moves on either evaluation or funded. If you are taking withdrawals just take into account the buffer you'll need to have in your account to allow for some wiggle room.
@@PriceActionVolumeTrader To follow up on his question.. Let's say someone was up 50 points at the peak of an NQ trade, but only ended up closing it for 30 points profit. I know the drawdown doesn't trail intraday, but since that trade had a 20 point difference in its highest point (MFE) versus profits taken... would that 20 point difference be counted against the trader at the end of the day and moving forward? Or does that not matter whatsoever and only losing trade(s) can sink the account?
Only losing trades can sink it since it’s not trailing. Whatever you PnL at the end of the day is what matters. The intraday moves won’t affect on gains not capitalized.
@@PriceActionVolumeTrader Are you sure? Because their website specifically says you can only hold 10 contracts max with a 100k account under the contract sizing section of the faq.
Hey. So I dug deeper into this and here is the answer. BTW, they are very responsive, so if you ever have questions their Discord is a great place to get answers. Starter Accounts: these are treated as 1 to 10 ratio. So yes, if you are in the starter plans, you can trade 10minis or 100 micros on a 100k account. Remember though there is a position scaling rule in Starter. Expert Accounts: these are treated as a 1 to 1 ratio. So in this case the limit for 100k is 10 contracts whether you are using minis or micros. No position size restrictions from the start.
I see here that minimum payout request is 1K but i alsol see them say you can request payout after 5 days of $100 profit. Which one is it? Thanks in advance
@@PriceActionVolumeTrader thanks! So if I make the first $1000 withdrawal on a 50k account ,does that mean that my account would essentially be closed since the max drawdown would be hit?
That's why they have a minimum buffer to get payouts. That way you should have some wiggle room after taking a payout. Remember the trailing drawdown stops trailing once it reaches the original account size. This is from their website: During the buffer zone-building phase, you can withdraw up to 60% of your profits with a standard profit split. The threshold will be locked at $0 automatically if any withdrawals occur during the buffer zone phase. The minimum withdrawal rule of $1,000 applies. Once you withdraw, your buffer zone resets to $0, and any remaining drawdown is lost.
No. The only thing is there is a consistency rule for the Starter Funded account of 40%. Meaning no single day can be 40%+ of the total profit to request a payout.
You can get all the evaluations you want. But as far as funded accounts the limit is 2 SIM Funded and 1 Live Funded at a time. I just released a website with tons of information on these companies and plan comparisons which you can find in the video descriptions.
For April 2024, get ANY of the starter account sizes for just $50. That is up to 86% off regular prices! Use code PAVT at checkout to get the discount.
they don't have the static anymore ya?
They release it every few months as a special account. But I think there might be plans to integrate it as a permanent option at some point.
The dashboard updates quite late though. Its been 4 hours after EOD and I can see my net profit but it doesn't show me how many trades I took today on the calendar or on the closed trades bottom part
This’s a proper review Sir
Thank you Sir
I hope by now you already smashed that evaluation
Thanks for that! Have you ever thought, if prop firms could steal your strategy? I am a bit worried about that.
I would not think so. Also in general all these companies the funded traders start on demo and will not be moved to an actual LIVE account until they prove good long term consistency. So I think maybe until someone gets to that level they might be paying more attention to what they are doing.,
Man, that concern makes no sense for a lot of reasons. For one, they can see your entries and exits, but that doesn't mean they can reverse engineer your strategy. It would be quite unlikely to spend time doing that. They don't have access to your charts, or your mind to understand how or why a certain level was drawn and repeat that consistently. Secondly, it would be a good thing to have another trader taking trades with you. That's what makes a trade work. Orders that enter the market in your favor. Not only that, but it's not like they'd be entering with enough size to impact the market in any meaningful way anyway. Lastly, you're way overestimating yourself and your strategy, whatever it may be, however profitable it may be, by even being slightly worried over it getting stolen. Your strategy would have to become so overwhelmingly, extremely popular that HFTs and algorithms in the market will account for it and render it useless. That's just not going to happen.
Always on the look out for good prop firms. Thank for the review sir.
Great review, you answered all my questions. Thank you!
Thank you! The buffer zone is after your account reaches (profit target +$100 ) the amount needed to not get it back down to baseline ? The buffer zone withdrawal rule was kind of confusing for me
Yeah. It sounds confusing but basically they say the buffer zone is the same as saying drawdown. So after the liquidation stops trailing at profit target + 100
@@PriceActionVolumeTrader thank you !
They have MBT( bitcoin) as assets so can I trade it on the weekend? If not which futures firm allow to trade on the weekend.
Very few firms let you hold over weekends. For full guides on many of them check out my new prop firm guide site linked in the video descriptions called TraderFundingPromos.
Thank you for the videos I’ve returned after more thinking and I’ve realized the real key to these accounts is knowing the threshold is basically equal besides the number of contracts you can control, and the larger accounts have higher RR to be reached in the trial, it doesn’t matter if you have more contracts if you’re risking 1%, if you’re trading something like NQ You wouldn’t be risking 10-15 contracts considering what a Standard SL would be, or else you’ll lose instantly in my opinion get a 50k or maybe a 100k if you trade currencies get a 10k threshold built on your real and then risk 5 - 10% of 10k which is higher than any of the 10% drawdown they give you from your original max draw down even for the 150k account, and you have a great cushion to really earn a lot of money and will never be at risk of losing your account unless you go on a major losing streak
Yes. The thing is this accounts the real balance is your max drawdown. That is the real balance you should apply proper risk management to.
I just got the 30k static to try.
Nice. Best of luck!
One question, do you know if you get the static account. And you pass it, you will always have a static drawdown of 1500? Meaning you go up in profit lets say 2000, withdraw the whole amount. And therefor get back to the 30 000 mark. The static drawdown is still at 1500, in this case 28 500?
Yes, the static never moves on either evaluation or funded. If you are taking withdrawals just take into account the buffer you'll need to have in your account to allow for some wiggle room.
@@PriceActionVolumeTrader To follow up on his question.. Let's say someone was up 50 points at the peak of an NQ trade, but only ended up closing it for 30 points profit. I know the drawdown doesn't trail intraday, but since that trade had a 20 point difference in its highest point (MFE) versus profits taken... would that 20 point difference be counted against the trader at the end of the day and moving forward? Or does that not matter whatsoever and only losing trade(s) can sink the account?
Only losing trades can sink it since it’s not trailing. Whatever you PnL at the end of the day is what matters. The intraday moves won’t affect on gains not capitalized.
so for clarification, a 100k expert acct is allowed to traded up to 100 micros from day one, correct?
Yes. Whatever the mini allowed are, the micros are 10x more.
@@PriceActionVolumeTrader Are you sure? Because their website specifically says you can only hold 10 contracts max with a 100k account under the contract sizing section of the faq.
Hey. So I dug deeper into this and here is the answer. BTW, they are very responsive, so if you ever have questions their Discord is a great place to get answers.
Starter Accounts: these are treated as 1 to 10 ratio. So yes, if you are in the starter plans, you can trade 10minis or 100 micros on a 100k account. Remember though there is a position scaling rule in Starter.
Expert Accounts: these are treated as a 1 to 1 ratio. So in this case the limit for 100k is 10 contracts whether you are using minis or micros. No position size restrictions from the start.
@@PriceActionVolumeTrader thanks for digging deeper.
No problem. Wanna make sure all the info is as accurate as possible.
What is the name of the video where you go into further detail about the EOD drawdown?
End of Day Drawdown vs Trailing Drawdown - Trader Funding Evaluations
ruclips.net/video/0OUJSNJZ5ws/видео.html
I see here that minimum payout request is 1K but i alsol see them say you can request payout after 5 days of $100 profit. Which one is it? Thanks in advance
It's both. Just means minimum payout is $1000, but in order to qualify for one in the Starter accounts you need 5 days of at least $100 profit.
@@PriceActionVolumeTrader thanks! So if I make the first $1000 withdrawal on a 50k account ,does that mean that my account would essentially be closed since the max drawdown would be hit?
That's why they have a minimum buffer to get payouts. That way you should have some wiggle room after taking a payout. Remember the trailing drawdown stops trailing once it reaches the original account size.
This is from their website: During the buffer zone-building phase, you can withdraw up to 60% of your profits with a standard profit split. The threshold will be locked at $0 automatically if any withdrawals occur during the buffer zone phase. The minimum withdrawal rule of $1,000 applies. Once you withdraw, your buffer zone resets to $0, and any remaining drawdown is lost.
It doesn’t matter what prop firm you go with. You need to know how to trade first
That's a given yeah. But it's important to consider the costs and rules as they vary significantly.
I agree their expert accounts are the best.
Is there a profit limit per trade in MFF? If so how much is it?
No. The only thing is there is a consistency rule for the Starter Funded account of 40%. Meaning no single day can be 40%+ of the total profit to request a payout.
@@PriceActionVolumeTrader So, I can get sim funded and pass challenge in one trade with 3000$ profit?
Yes. I got a couple of videos coming out next weekend talking all the specifics of Starter vs Expert accounts both in the challenge and funded stages.
How many account can a person get?
You can get all the evaluations you want. But as far as funded accounts the limit is 2 SIM Funded and 1 Live Funded at a time. I just released a website with tons of information on these companies and plan comparisons which you can find in the video descriptions.
Scalping not allowed my funded future which is hard
Thank you for telling us plus you can't trade news. I'll go with Apex
no kyc needed ?
You need to sign up with a payment provider to get payouts and do KYC
What's the leverage?
Same as what a CME contract would be for a live account. You can check out CME website for all the specific contract details.
Appreciate the video alot
👍