Hi guys,

For those that have been FTT or going to FTT I would suggest you guys to get into Prop Trading. As long you guys got a trading system that have positive expectancy and good risk management pls give it a try. There are few prop trading firms in the market now and its a growing industry. Their business model is mainly taking up losing traders fees but they also do copy some trades from proven trader. The profit sharing usually 50%~90% depending on the firm.
I'm currently on MyForexFunds and just started my Live 10k account. I'm planning to take 200k account next if all goes well. Imagine if you got 200k funds, getting 3% per month is oledi how much you count yourself. I'm not promoting any particular firm here but try to find out yourself. One of the few trusted ones are FTMO, MFF and The Funded Trader.

Yeah its tough.They gave statistic about 3% manage to withdraw from live account. I guess thats true. How much did you risk per trade btw?

Wow thats high. One wrong move then bye bye daily drawdown.

Wish you best of luck man. I failed my phase 1 first time, 2nd time almost fail luckily got free extension. Tough game it is. Today 2nd day live trade and im down 1% already. Maybe I should wait next week after new year.

It is pretty straightforward tho. Basically you 'buying' an account. But you need to pass their test ( 2phase usually). Once you passed their evaluations they will give u funded account. And all the profit made from that account is split between the company and the trader usually 20% company 80% trader. But be warned tho, its not as easy as it sounds. I got my funded account last January until havent able to withdraw cause im on a losing streak.

Very true. now i am funded I just realised i just had beginner's luck during the 2 phase evaluations. Now struggling to even breakeven and its already 2 months since i got funded. It's not easy. But some people can do it.




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for. myforexfunds max loss per day is 5% and total max loss is 12%. if violate that requirement your account will be terminated but u dont need to reimburse the loss. basically its free money

how did it go? manage to get payout every month? what % were you aiming? I havent manage to withdraw yet after 2 months. still suffering from drawdown 😭