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Anyone trading with a Prop firm 4 replies

prop firm new model - my trading journey 871 replies

So I accepted a Prop Trading job in South Beach Miami 43 replies

Attachments: Prop Firm Hub
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Prop Firm Hub

Quoting procrude
{quote} I think that is a great opinion. I will do that.. Thanks bro
Just trade micros. Can stay in the game longer...

:-)
A snails pace wins the race :-)
Quoting montygoldy
Good day for 50k x 3 MFFutures evals... nearly there..... Loving eod..... so before end of day i have 1200$ daily loss + 2200 profit drawdown.... will try to homerun on NQ fingers crossed {image}
Secured Funding myfundedfutures......

Next one topstep 50kx5
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Extreme gut feeling trader
Quoting JustPipMe
{quote} Just trade micros. Can stay in the game longer... :-)
Yea but Prop firm game can change pretty quickly .... in last six months complete disaster of Forex Prop firms whereas futures prop firms started seeing cracks
Extreme gut feeling trader
Ascendx is having a lot of payout pending and rejections. Furthermore, they changed rules silently, just like Alpha, and applied them to past trades.
https://x.com/TassiTrader/status/1815788057943044346
God Damn..... Made more than 1500$ on topstep combine now i have to make more in order to pass.. In risk setting i added 1450$ day target but it let pass through it.....
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Extreme gut feeling trader
Quoting Capablanca
I can't verify if this is was true because my account is now in a slight DD but, if true, hats off for them {image}
what is your experience with FundedNext so far ? Trading conditions ?
Quoting lddd
{quote} I noticed that you pay a commission fee on Darwinex’d CFD indices. With my other CFD brokers i have accounts with there are no additional charges for it. On DAX for example you pay 2,50 € for every lot with Darwinex + spread. So while the spreads and commissions appear to be competitive overall, they aren’t the lowest and Darwinex probably makes profits by the volume traded right from the start of every trader regardless of the success. Further (if using the monthly subscription model) they are basically profiting in a similar way to all...
Do update us when you eventually found the best firm that offer something irresistible. I do have 3 accounts with MyFundedFX when they offered 200% refund. So continue your search.
Quoting montygoldy
Good day for 50k x 3 MFFutures evals... nearly there..... Loving eod..... so before end of day i have 1200$ daily loss + 2200 profit drawdown.... will try to homerun on NQ fingers crossed
//----

we were on opposite sides of the fence all day......

tesla might just change that for me...... that is one heck of a gap down....

somebody threw the baby out with the bath water......h
//------

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to trade and code, keep both simple... no call to impress....h
Quoting hayseed
{quote} //---- we were on opposite sides of the fence all day...... tesla might just change that for me...... that is one heck of a gap down.... somebody threw the baby out with the bath water......h //------ {image}
yep this gap down on NQ killed my asian session
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Extreme gut feeling trader
Picked up some more $$ on Gold in Asian session just now..
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Love Cars & Money !
Quoting failinforex
{quote} Do update us when you eventually found the best firm that offer something irresistible. I do have 3 accounts with MyFundedFX when they offered 200% refund. So continue your search.
I only trade forex. EURUSD spreads very tight 0.1, GBPUSD usually 0.5/0.6, execution almost no slippage for low lots like 2 / 3 / 4 lots, commissions $3 per lot.

They have cycles of 14 days in funded accounts. Positions need to close by the end of 14th or the system closes them automatically.

On 15th a new cycle starts (and they reset the account if there is a profit and that money is made available for withdraw). All automatic, pretty good.

I had 3 payouts in the last months. They respected the 24 hours in 2 of them. In fact they were very fast and all automatic (to Rise).

In another one they did a "trick" for not respecting the 24 hours without disrespecting it.

Let's say the cycle was 1-14. On 15th I should have the account reset and money available. However the account was on verification during 15th.
Only by the end of 15th, very late, the account was reset. I was able to request the payout only on 16th. Payout came fast but, you see, it was more than 24 hours (after cycle ending) in practice.

The promise of paying in 24 hours is from request, not from the end of the cycle.

Giving an exaggerated example, if the cycle is from 1-14th and they have the account being reviewed until 20th, then we request the payout on 20, they send it in 4 hours and they say they respected the 24 hours promised. But in fact it was 6 days. That's why I say the 24 hours promise is a trick. It worked well in 2 payouts but not in another.

Customer service is still the brain empty agents, as before.

In the first time I was with them I had to do a risk interview when I achieved the 15% bonus from phase 1 and 2. I haven't got there yet this time..

They have some strict rules about IPs and devices. Vitore had a payout refused by them due to this (I think he used a copier and this was flagged with different IPs, so be careful).
anyone using Fintokei firm ?
is backed by purple trading broker ?
is same company ?
Quoting HengkiTjen
anyone using Fintokei firm ? is backed by purple trading broker ? is same company ?
If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
Quoting Capablanca
{quote} If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
i dont know havent check it out yet

now im looking at prop firm that backed by broker
since prop firm business seem collapsing

any recommend prop ?
Quoting montygoldy
{quote} Secured Funding myfundedfutures...... Next one topstep 50kx5 {image}
Hi there!

What kind of terminal it this?
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Love Cars & Money !
Quoting Capablanca
{quote} If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
they are owned by purple.
Quoting Capablanca
{quote} I only trade forex. EURUSD spreads very tight 0.1, GBPUSD usually 0.5/0.6, execution almost no slippage for low lots like 2 / 3 / 4 lots, commissions $3 per lot. They have cycles of 14 days in funded accounts. Positions need to close by the end of 14th or the system closes them automatically. On 15th a new cycle starts (and they reset the account if there is a profit and that money is made available for withdraw). All automatic, pretty good. I had 3 payouts in the last months. They respected the 24 hours in 2 of them. In fact they were very...
Thanks for sharing. At least they still pay as long as we don't yolo for 20K, 40K and be contended with 1 to 2 k. I manage my trade with my desktop and mobile, so far no problem with IP. Initially payments via Rise was a pain, now pretty fast.
If they ever reinstate refund and promtion I will gladly buy a few more.
Quoting RoelsMajor
{quote} I'm not discrediting the 20% industry standard for hedge funds applied by Darwinex, but the profit share is indeed very small. Prof. Taleb, during his time working as a Prop Trader at a certain firm, received between 7% to 12% profit share along with a monthly salary. However, they were also provided with substantial capital funding up to millions of dollars. This is just for comparison. So, having a profit sharing without a salary of up to 1/3 (33%) to 2/3 (67%) is not excessive. Besides, Prop firms nowadays also profit from trading spreads...
Darwinex zero:

I completed 28 trading positions. 15 days not yet complete.

The Index stands like this.

On completion of 15 days, can I consder evaluation is complete ?
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Intraday only.
I got the reply as under :
Hi,

Thanks for your reply

It will depend on the % you show up in the risk calibration section that you can see in this section within your Zero user:

It will depend on the % you show up in the risk calibration section that you can see in this section within your Zero user. If that bar is at 100% then you only need to reach the 15 trading days.

Regards
Javier
Intraday only.
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