Prop Firm News: MyFundedFX Bans News Trading

MyFundedFX restricts all news trading. The deeper you go in a drawdown, the easier it is to smooth out your equity curve by reducing your risk

Hi Boris, here’s what is buzzing in the prop trading industry for April 19, 2024

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TODAY’S PROP TRADING INDUSTRY NEWS

  1. MyFundedFX restricts all news trading (more details)

  2. The5ers introduces Visa card payouts

  3. Alpha Capital Group teases US return on discord

  4. E8 Introduces One-Phase Evaluation (Currently in Testing Stage)

  5. Funded Trading Plus launches DXtrade mobile

  6. FundedPro Adds Economic Calendar Dashboard

📌 PASS THE PROP TRADING TIP

"That next trade is going to determine what your next risk is"

The deeper you go in a drawdown, the easier it is to smooth out your equity curve by reducing your risk. So let's say on phase one, if you want to start out with 1% or 2% risk, if you lose, you cut the risk in half. If you win, you can possibly keep the risk the same or double the risk. So approach the challenge as, where am I in relation to my starting balance? And you know, based on those next series of trades or next trade, you're going to adjust your risk accordingly, and that's going to help you stay alive in the challenge long enough for you to be able to find those A+ setups and then pass the challenge eventually.”

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✂️ LATEST PROP FIRM DISCOUNT PROMOTIONS

  • ATF (Apex Trader Funding) April Celebration Sale Save 80% off any size evaluations ⭐ “SAVENOW” code

  • The5ers 100K Bootcamp fee drops to $95 (up to 100% profit split)

  • Goat Funded Trader Flash Sale (72 hours only)

    • 30% off 5K to 25K challenges ⭐ “FLASH30” Code

    • 15% off 50k to 400k challenges ⭐ “FLASH15” Code

  • FundedElite April Promotion Save 20% off all changes +150% Refund Fee ⭐ “Grow20” code

  • My Funded Futures - Starter Plans begin at $50, 15% off all resets (valid until April 30th)

🔥 OUR PICK: HOW DID YOU PASS THE PROP INTERVIEWS

📋 TOP PROP FIRMS BY TRUSTPILOT SCORE

  1. The5ers (4.8)

  2. FTMO (4.8)

  3. FundingPips (4.6)

  4. Funding Traders (4.6)

  5. MyFlashFunding (4.7)

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