The Prop Journalist

Providing the latest news and insights into the prop firm & trading space.

YT: financial advice.

[Mayne @Tradermayne]

One of the lesser known advantages of prop accounts.

When the markets are extremely volatile you use your prop account to participate with confidence because your risk is fixed at the eval cost.

Lots of people taking advantage of this down turn to get funded.

If you want to give use a try use code MAYNE at checkout for a discount.

[The Prop Journalist @PropJournalist]

Prop firm CEOs give away a few accounts to traders begging on social media, then get surprised when the whole feed is begging for handouts from them.

[The Prop Journalist @PropJournalist]

This is funny, FundingPips is using a price increase as marketing to drive sales now!

Making prime optional is good, but then increasing prices just means you're paying more for the same product as before prime was introduced.

[Funding Predicts @FundingPredicts]

We’re proud to announce that @MyFundedFutures has acquired an equity stake in Funding Predicts, marking the beginning of an exciting new partnership.

The best is yet to come.

[The Prop Journalist @PropJournalist]

@BootneckTrader Yes I reckon that's the best bet. Although as they're 25k, hopefully you can get a few before moving to live, good luck

[The Prop Journalist @PropJournalist]

The new Apex Trader Funding Live program launch has been full of controversy and misinformation, so in this video I cover the official details of how it works:

https://t.co/I1crf1LP65

[The Prop Journalist @PropJournalist]

@TradersParadise @Tradeify Very impressive!

[Matt @MattLeech]

Exciting times ahead 🚀

Happy to back the @FundingPredicts team as they pioneer prop firms for prediction markets

[The Prop Journalist @PropJournalist]

That's all well and good until regulators straight up ban prop firms.

But if sensible regulations came in, then yes it would be a good thing for established firms.

[Khaled @Khldfx]

Folks need to educate themselves on regulations.

For established firms like pips, next, Motorola (5ers), Nokia (Ftmo), alpha, and a couple more it’s a blessing.

It’s simply a clean up for the firms and users.

Ain’t nothing to run away from.

[The Prop Journalist @PropJournalist]

@4tfcapital Yes

[The Prop Journalist @PropJournalist]

How the new E8 Pro works:

8% Profit Target | 8% Static Drawdown | 2.5% Daily Drawdown, No Time Limits

2% Daily Profit Cap

Funded Account: Can request up to 50% of profits in account daily. (80% profit split)

After first payout, drawdown moves up to original account balance.

[The Prop Journalist @PropJournalist]

@MeetMattL 3% max drawdown is terrible. But 50% consistency only requires 2 trading days, so is hardly a huge barrier.

[The Prop Journalist @PropJournalist]

In the past I’ve criticised E8’s past claim to have the best 1-step challenge.

But this has changed with the E8 Pro.

It's an excellent option, and could be the best 1-step challenge out now. Check out the video!

https://t.co/xahiZGX576

[The Prop Journalist @PropJournalist]

@TradersParadise 1v1 format over a single trading day means variance can take out even good traders.

Not that all outlaws are necessarily good traders, but a single bad trading day isn't an indication that someone's unprofitable.

[The Prop Journalist @PropJournalist]

This is a great change! Prime is an interesting option, but forcing prime after 4 payouts undeniably reduces earning potential, at least in the short run.

[Khaled @Khldfx]

Prime, will be optional.

Official announcement following soon.

[The Prop Journalist @PropJournalist]

@revonetrading Dashboard was meant to be back 20th May. It's now 8 days later, and it's still not up.

[The Prop Journalist @PropJournalist]

New video on the Apex new no activation fee accounts, bundles and pricing: https://t.co/LXbJ4Rt9Cb

[The Prop Journalist @PropJournalist]

FULL NEW APEX TRADER FUNDING PRICING PER EVALUATION, INCLUDING 5X BUNDLE DISCOUNTS

Use code TPJ for highest discount available (listed prices are discounted)

$109 for $50k EOD No Activation Fee
$89 per eval for 5x $50k EOD No Activation Fee

[The Prop Journalist @PropJournalist]

@BEMBurak Absolutely, there's more to a challenge than the profit target, but this is in response to 'profit target 9%, not 10%'. A lower profit target is only a selling point if drawdown is the same.

[The Prop Journalist @PropJournalist]

A 10% profit target with 10% maximum drawdown is MUCH better than a 9% profit target with 6% maximum drawdown.

Once again, profit targets only matter in context of maximum drawdown.

Just because a profit target is a lower number doesn't mean it's an easier challenge!

[Burak | BEM Funding @BEMBurak]

BEM ONE vs FTMO 1-Step 👇

let's compare what actually matters

funded in 0 days, not 2.
payout on demand, not every 14.
profit target 9%, not 10%.
and somehow still $135 cheaper.

no cap, just facts

code ONE = 30% off