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- sampat replied 32 hr ago
Do they reset the balance every time you renew? For example if you start with 100K and make 2K and once payout cycle resets and you are qualify for silver. Do you play with 102K or 100K. Also from my initial reading it looks like they consider ...
- sampat replied Apr 23, 2024
Any firm which is making profit CFTC will go after it either by themselves or via competitor. I can see same drama like they did for MyFF.
- sampat replied Apr 22, 2024
I tend to be be more patient on loosing trades than winning
- sampat replied Apr 22, 2024
I am wondering why not open small live account like 1000$ with Darwinx and migrate records after 6 months. Why to pay fees to build track record? From their website they allow accounts with them to migrate to Darwinx-zero.
- sampat replied Apr 22, 2024
Best thing to do in case of hedge is trim profits with some part of losses and reduce positions. Two advantages of doing that. 1) Reduce position size free up space for additional positions 2) Reduce swaps if holding multiple days.
- sampat replied Apr 21, 2024
Well it is consistent NOT wind fall type strategy. If you look all his profits it is almost 200-300$ per day per account. Also he is replicating on his one of the live accounts. So it is not prohibited. It is not one time buy stop sell stop during ...
- sampat replied Apr 15, 2024
I am not doing 20 accounts but I will take max available like 2K irrespective of equity.
- sampat replied Apr 15, 2024
TickTickTrader is from Europe. I dont see any benefit of being registered in US or North america in general. I rather preferred them offshore to keep them out of radar by so called watch dogs.
- sampat replied Apr 15, 2024
I dont think they will change anything as their main advertised point is MULTIPLE ACCOUNT and WITHDRAWAL threshold. They tried to do something like other firms where they announced that trader's can't withdraw buffer. There was a lot of backlash ...
- sampat replied Apr 11, 2024
Another point. With bulenox there is no monthly fees account flat 150$ account. At max you can have 3 active accounts (you can pass 100 if anyone wants) Once all of them passes withdrawal threshold one can active additional account up to 11(so ...
- sampat replied Apr 10, 2024
Yea raising the barrier will lead to failure of industry. Look at what happened to Forex prop firms. The more you regulate more shitty price will become less participants. Look at FTMO once considered as free style wrestlers has become caged parrot ...
- sampat replied Apr 10, 2024
What will be rejection criteria. One cannot randomly reject prop firms. In order to reject new ones they need to come up with criteria like financial statements etc. I doubt anyone except APEX will be ready to give. Also why they will reduce their ...
- sampat replied Apr 9, 2024
Only time instant funding makes sense if leverage is like 200:1 or 500:1 where they accept people north American just to have high leverage. But max I can find is 30:1 which is like what legal looting brokers offering.
- sampat replied Apr 9, 2024
Also all firms except APEX and EliteFunding you can't withdraw threshold, so first 2.6k (50K account) you make in PA account is almost not withdrawable.
- sampat replied Apr 9, 2024
Ofcourse everything comes after Apex 20 accounts.
- sampat replied Apr 9, 2024
Even with that logic you have multiple firms like Apex - 20 Bulenox - 11 (3 initial and once you pass withdrawal threshold you request additional) TickTickTrader - 3 TakeProfit - 3 Leeloo - 10 MyFundedFutures - 3 Elite Trading - 3 Top step - 3 ...
- sampat replied Apr 9, 2024
Yes only this situation one can benefits from prop firm accounts. 20*10 (200 lots) is only possible in prop accounts. Personal bigger account one needs to use options or some hedging to prevent account fluctuations even for bigger ones.
- sampat replied Apr 9, 2024
I don't think slippage is a issue unless trading news. I see slippages are way less than forex CFD brokers. Plus one cannot trade like prop firms on personal account as margin required for 1 NQ is 20K . So if one needs to trade 10 lots like ...
- sampat replied Apr 9, 2024
Yea 10 days per withdrawal and one withdrawal for each calendar months (3 months) so one needs at least 30 trading days of consistency.
- sampat replied Apr 9, 2024
Yep it is always case. It is not Investment account invest 200$ take out 2K. Rinse and repeat. Dont think about 5K or 10K. Take eval YOLO it and repeat again. Cost of another account is way cheaper than keeping money in and growing it.