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Adam
141 posts

Adam
@AP12338
FX trader | Macro & session based execution | Building long term consistency
London, England เข้าร่วม Nisan 2021
16 กำลังติดตาม31 ผู้ติดตาม

@apparentlytrder Why Malta ? I’m stuck, either Portugal or a Spanish island lol
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A new chapter begins
I‘m going to be relocating to Malta next week
Already secured my apartment there and booked the flight
Probably won’t stay there forever, but current plan is to be there for 1-2 years or so
Are any of you based in Malta?
Do you know any other traders from Malta perhaps?
If so, let me know and tag them
Would love to connect with some like minded individuals over there
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One thing I mentioned before is how important it is to understand the rules of the prop firm you choose.
A good example for this is E8 Markets.
I’ve always been a big fan of E8.
Had multiple payouts there and was even on their leaderboards and currently still have around $900K in funding with them.
Execution was good and everything worked smoothly.
But recently things have changed.
In my prop firm ranking and scaling plan, E8 is still ranked quite high as they are still one of the better firms.
However, they have dropped significantly in my view.
The main reason is the change in their drawdown model.
Previously, they offered 1 and 2 step Evaluations with static drawdown accounts (around 8–10%), which allowed for more consistent long-term management.
Now all of their accounts are based on balance-based / trailing drawdown.
This means your drawdown adjusts with your balance and high watermark.
Over time, this increases the probability of eventually losing the account even with a profitable strategy significantly.
In my view, this type of structure feels less aligned with supporting traders long term and more tilted against them.
That’s why understanding the rules behind each prop firm is just as important as your strategy itself.
In the next post I’ll share a PDF explaining exactly what to look for when choosing a prop firm challenge.




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