My Forex Fund’s 5% daily drawdown rule works differently to other prop firms. Traders that don’t understand this risk failing their MFF evaluations or even their funded account. In this video I will explain exactly how it works, and it’s advantages and disadvantages compared to other prop firms like FTMO. Note: Daily drawdown is calculated at 5:00pm EST
My Links:
Twitter: https://twitter.com/PropJournalist
Backtesting/Charting software:
TradingView ($30 off): https://www.tradingview.com/gopro/?share_your_love=thepropjournalist
Soft4fx Forex Simulator: http://thepropjournalist.soft4fx2for.c2strack.com/
Recommended Prop Firms:
My Forex Funds: https://myforexfunds.com/?wpam_id=148256
FTMO: https://ftmo.com/?affiliates=3473
The Funded Trader: https://thefundedtraderprogram.com/?ref=782