Disliked{quote} After calibration period, whatever trade I do, Is it taken into account for Silver ?Ignored
1
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
Disliked{quote} After calibration period, whatever trade I do, Is it taken into account for Silver ?Ignored
DislikedWhat do you think? (PIC 1) Meanwhile, my new Darwinex Zero account, on its third day, is still down by -0.41%. There has been improvement in the drawdown, as the D-Leverage remain low, around 1 to 2. I never make more than 2 trades at a time, with an initial risk somewhere between 0.2% to 0.3% per trade. (PIC 2) To secure $50k in funding within two months, I need to generate a profit of around 4.57% while keeping the drawdown steady at around -0.41%, but let's see after the calibration period and adjustments are complete. (PIC 3) {image} {image}...Ignored
Disliked{quote} I do not see how they can pay out more. 20% is the standard performance fee charged by real hedge funds. They are paying us 75% of that (15%). So when you say 1/3...are you saying 1/3 of the 20% they are earning? That would be way less than what they are paying us now. The reason the props paid 80-90% is there were no investors, no investor is going to put up their money, take all of the risk and say I just want 20%, you keep 80%. They were paying 80-90% of demo profits. No real market, profits were paid from challenge fees.Ignored
Disliked{quote} I mean 1/3 for Traders and Darwinex, about 33%, 2/3 for Investors, about 67%. The hedge fund model is indeed like that, but it's also important to remember that historically, hedge funds have not traded with small amounts of capital; the funding for their traders is likely more than 1 million dollars (so very nice 20% if profit). Say Darwinex is small hedge fund. Prop firms pay too much; should not exceed 2/3 or 67% if their model is not a hedge fund (and their model is not a collaborative model).Ignored
DislikedWhat do you think? (PIC 1) Meanwhile, my new Darwinex Zero account, on its third day, is still down by -0.41%. There has been improvement in the drawdown, as the D-Leverage remain low, around 1 to 2. I never make more than 2 trades at a time, with an initial risk somewhere between 0.2% to 0.3% per trade. (PIC 2) To secure $50k in funding within two months, I need to generate a profit of around 4.57% while keeping the drawdown steady at around -0.41%, but let's see after the calibration period and adjustments are complete. (PIC 3) {image} {image}...Ignored
Disliked{quote} Looks like drawdown doesn't carry as much negative weight as you might expect. Profit is king. Was plugging in some numbers. Check it out {image}Ignored
Disliked{quote} While it's impressive that you flipped an account with a 3:1 to DD, it's not what darwinex is looking for, your risk engine will be lucky to be a 0.1 or 0.05. I would say try that with a YOLO prop firm, but they only allow 10% max DD, so wouldn't work there either. But, if you can do that consistently, you'll have a billion in your personal account in less than a year. Can you screenshot your D-LeverageIgnored