Menu

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Anyone trading with a Prop firm 6 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

Quoting Capablanca
I seem a paid agent of Blue Guardian recently but the truth is that I received another payout and, just like the last one, it was fast. 5 hours for the money to be in Rise + account unblocked. 4 figures low.
Floridaaaaa
Quoting Takisd
{quote} Floridaaaaa
Best state in the country. Followed by Texas and Tennessee. Unfortunately, your home state is 49th or more likely 50th.
Quoting pipmaster77
{quote} Best state in the country. Followed by Texas and Tennessee. Unfortunately, your home state is 49th or more likely 50th.
Yes but for forex gurus its a cesspool of disease and overbearing social media posts.
Quoting Boulder
{quote} I thought it will violate apex rules by changing trading sizes, because I did that twice by accident.. I thought I won't get paid...I hope I was wrong https://support.atf.com/hc/en-us/art...A-Account-Work
//-----

that says avoid ---- constantly changing sizes..... some of those rules seem to be more like suggestions ....... i'm almost certain in one video john says they understand all trades might not be equal......

my lot size, regardless of account size, is almost always 1 single micro..... there might be once every 20 trades where i will use 2 micros......

so in a sense i doubled my lot size......i have never had a pay out denied...... and occasionally in the past i have added to a existing trade...... rarely now though.....

that guy they are talking about clearly states his mistakes and errors of judgement......

make the same quite often myself......h
to trade and code, keep both simple... no call to impress....h
Quoting Takisd
{quote} Yes but for forex gurus its a cesspool of disease and overbearing social media posts.
Yes, I believe the infamous Surge Trader is here as well. I believe some of the futures props are located here as well.
Quoting genuine007
{quote} 2 Phase 5k challenge account bought again after receiving 20% discount because I blow the live 5k account without any payout passed phase 1 again {image} {image} {image}
passed phase 2 again..
account in review now..
hopefully get funded & this time I will not do mistake I did earlier in previous live funded

DO I NEED TO KYC AGAIN? BCOZ I ALREADY DID LAST TIME WHEN I GOT FUNDED? ANYONE KNOW??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: review.jpg Size: 82 KB
Click to Enlarge Name: passed II.jpg Size: 176 KB
Quoting pipmaster77
{quote} Well, we will see tomorrow. I am just assuming they applied a positive risk factor bassed on what the dash shows vs. my actual results. If I see a risk facot under 1 tomorrow, then based on both your and my results, I will have no idea how to trade with them.
I'm still trying to understand what Darwinex Zero advocates as an alternative to prop trading. Even if the business model may be designed in such a way that profitable traders are not paid off from the losses of others. You only receive 15% of the profits achieved. Of course that's better than 80% of nothing, but honestly how are you supposed to be able to live on that if you don't already receive millions in money from investors? That doesn't seem like a real alternative to me, unless you can achieve absurdly high returns without higher risk, which in turn seems unrealistic to achieve sustainably.

The leading Darwin (THA) has 33 million under management and shows a constant profitable performance for 9.5 years, but in the end didn't make more money from the 15% performance fees than an employee in a reasonable decent position would have earned during such period. Shouldn't you earn significantly more as a fund manager/trader here? Why else do you do this?

The requirements that Darwinex Zero places on its traders in order to get so much of real investor's capital also seem to me to be really high (2.5 times as high a return as max. drawdown, top-leading positions in order to even be considered for outside investor capital, etc ).

The investors. Who are they? I guess most of it comes from other individual investors. So retail? What does a normal hedge fund have under management? A few hundred million, billion. So it makes more sense for an portfolio manager here with a 15% profit share and an average return of 25% per year like THA.
Quoting Nsak3y
{quote}-Looks like he decided to be greedy and go heavy once the profit caps were removed, based on what he wrote. He probably tried to trade bigger sizes and pushed it too far. Perhaps he figured that he could easily bounce back, given the amount of money that he has pulled out of Apex. It is a bad decision, though, if you ask me. There is no need to get greedy and risk blowing the accounts and/or getting flagged for gambling behavior etc.. Even once the profit caps are removed, I see no reason to change anything. Keep things simple and easy. Do...
His rational could have been that Apex may not be here in a couple of months and to milk it fast.
Quoting lddd
{quote} I'm still trying to understand what Darwinex Zero advocates as an alternative to prop trading. Even if the business model may be designed in such a way that profitable traders are not paid off from the losses of others. You only receive 15% of the profits achieved. Of course that's better than 80% of nothing, but honestly how are you supposed to be able to live on that if you don't already receive millions in money from investors? That doesn't seem like a real alternative to me, unless you can achieve absurdly high returns without higher...
It's a long term project for me, not requiring any additional effort on my part.....it will simply be extra $$$$$. Not to sound arrogant, but I believe I can outperform their current best.
I am still trading the casino futures props and my personal amp account as well.
I'd be happy with 5 mil in capital with a 2% return monthly and being paid 15%........knowing it is stable and I will be paid. Extra $180K per year.
Of course, long term goal is a you tube trading channel with Expo pimping out our Darwinex affiliate codes.
Quoting Nsak3y
{quote}-Looks like he decided to be greedy and go heavy once the profit caps were removed, based on what he wrote. He probably tried to trade bigger sizes and pushed it too far. Perhaps he figured that he could easily bounce back, given the amount of money that he has pulled out of Apex. It is a bad decision, though, if you ask me. There is no need to get greedy and risk blowing the accounts and/or getting flagged for gambling behavior etc.. Even once the profit caps are removed, I see no reason to change anything. Keep things simple and easy. Do...
80K per month should pay the bills, no?
Alpha-futures comes with some garbage offering ...... my personal opinion not gonna survive if they keep on this track.....

1. Stupid Expensive pricing
2. Activation fees 150$ on top of that.
3. Garbage profit split for first two payouts 70% and biweekly

These firms dont realize they either need to match apex/topstep offering or give better than them to steer crowd to their firm... Otherwise why would someone go to them
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-07-01 at 12.33.50 PM.png Size: 233 KB
Extreme gut feeling trader
Quoting montygoldy
Alpha-futures comes with some garbage offering ...... my personal opinion not gonna survive if they keep on this track..... 1. Stupid Expensive pricing 2. Activation fees 150$ on top of that. 3. Garbage profit split for first two payouts 70% and biweekly These firms dont realize they either need to match apex/topstep offering or give better than them to steer crowd to their firm... Otherwise why would someone go to them {image}
So, I will preach what I did 3 years ago when I told everyone not to use all the new, scammy forex props.......if we don't give them any business....they go away.
If you do.....no one to blame but yourself.
I would not use any futures firm that was involved in forex props, other than maybe FTMO or the 5%ers.
Quoting Boulder
I thought it will violate apex rules by changing trading sizes
-My impression is that they want consistency. So, constantly changing sizes, or going all-in is not good. But if you steadily increase sizes as you grow the account, then it should be fine.
Quoting Capablanca
His rational could have been that Apex may not be here in a couple of months and to milk it fast.
-That could be. I do not really see that happening, though. I think, also, by going heavy, he could risk shutting himself out of the opportunity as well, so maybe a double-edged approach.

Also, 300k should be enough to fund a personal account, especially with Futures.
Quoting pipmaster77
80K per month should pay the bills, no?
-One would think so. But then you have to consider the ladies and lambos. I guess.
https://www.myfundedfraudsters.com/

It's crazy that Sage admits this lady has followed all the rules but still doesn't want to pay her
Don't give up on your dreams. Keep sleeping.
Quoting Artcool
https://www.myfundedfraudsters.com/ It's crazy that Sage admits this lady has followed all the rules but still doesn't want to pay her
Color me not surprised.
Quoting Artcool
https://www.myfundedfraudsters.com/ It's crazy that Sage admits this lady has followed all the rules but still doesn't want to pay her
Good, put Matt out of business......one less scammer to deal with.
Quoting pipmaster77
{quote} So, I will preach what I did 3 years ago when I told everyone not to use all the new, scammy forex props.......if we don't give them any business....they go away. If you do.....no one to blame but yourself. I would not use any futures firm that was involved in forex props, other than maybe FTMO or the 5%ers.

I agree FTMO and The5%ers. But in my list there is also Oanda, IC Funded as a part of large companies. And darwinex is fine I guess...

This is only my opinion may be.
31 traders viewing now, 3 are members:
doyathink
,
Spearion
,