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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

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Quoting pipmaster77
So as much as I want to avoid MFFU, with 40% off, is the 50K starter really $48 and no activation fees? You can have 10 accounts with MFFU? I think Monty may be onto something....might grab 3 of these. Best deal in the biz by far.
i think you can activate only 3 at atime… thats 40% deal only for first time mfffu users for 1 account only… i think u can use standard “mffu” coupon for 5% off
Extreme gut feeling trader
Quoting pipmaster77
So as much as I want to avoid MFFU, with 40% off, is the 50K starter really $48 and no activation fees? You can have 10 accounts with MFFU? I think Monty may be onto something....might grab 3 of these. Best deal in the biz by far.
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You can only purchase 1 for MFFU's 40% promotion. The 50K is the best deal as compare with Apex's promotion.
Ain't a good time to buy if trading indices. We have to wait for the right time to get into the challenge for higher probabilities to win.
Quoting montygoldy
{quote} i think you can activate only 3 at atime… thats 40% deal only for first time mfffu users for 1 account only… i think u can use standard “mffu” coupon for 5% off
$80 still decent with no activation fees, so I can grab 3 for $208....I hate asking as I always complain about the spoon feeders, but I literally just walked in the door 3 hours ago.........Monty, max withdrawal rules??? and can you withdrawal within the buffer as with Apex or only above the buffer???....just too tired to look.
Quoting failinforex
{quote} {image} You can only purchase 1 for MFFU's 40% promotion. The 50K is the best deal as compare with Apex's promotion. Ain't a good time to buy if trading indices. We have to wait for the right time to get into the challenge for higher probabilities to win.
Yes, I see now regarding the new and one time use.......why the comment on indices, we can buy and sell or are you just thinking no clear direction?
To me, still bull, 100%, after that drop on Friday and then recovery plus some....I'm thinking new ATH (again) on Dow and S&P...perhaps not NAS...there will be a decent drop soon, we will know it when we see it........remember, we don't need the whole move, just a small piece of it........
What I love about indices is only needing to capture 10% of their ADR and you can do really well....learned a lot of invaluable info trading forex, but from a money making perspective, futures and forex are night and day......in my humble opinion, of course.
  • Post #42,025
  • Quote
  • Edited Sep 13, 2024 12:04am Sep 12, 2024 11:54pm | Edited Sep 13, 2024 12:04am
Quoting pipmaster77
{quote} $80 still decent with no activation fees, so I can grab 3 for $208....I hate asking as I always complain about the spoon feeders, but I literally just walked in the door 3 hours ago.........Monty, max withdrawal rules??? and can you withdrawal within the buffer as with Apex or only above the buffer???....just too tired to look.
Payout is same like topstep no threshold... 5 winning days and you can get paid..... Max you can withdraw is 1200$ per account....after reaching either 6000$ payout per acocunt or 30 winning days you move to live account with static drawdown of same i.e 2500$... I confirmed with the support all the extra profit in your account will be gone so no need to build big account... Just keep taking out the profits..... Use the 5% code i mentioned or check their discord or use anyone affiliation code........

What i do is for the first payout i aim for 1k a day on 50k (there is scaling as well so only 1 mini available till 1k profits) and get to 4k to pull max 1200 out then just aim for 200-300 a day for next withdrawals..... COmpletely doable..... that way you can get paid every week with max money......
Extreme gut feeling trader
  • Post #42,026
  • Quote
  • Edited Sep 13, 2024 3:46am Sep 12, 2024 11:56pm | Edited Sep 13, 2024 3:46am
Quoting pipmaster77
{quote} Yes, I see now regarding the new and one time use.......why the comment on indices, we can buy and sell or are you just thinking no clear direction? To me, still bull, 100%, after that drop on Friday and then recovery plus some....I'm thinking new ATH (again) on Dow and S&P...perhaps not NAS...there will be a decent drop soon, we will know it when we see it........remember, we don't need the whole move, just a small piece of it........ What I love about indices is only needing to capture 10% of their ADR and you can do really well....learned...
Why not with closed eyes just buy gold..... Its going ballistic and i know and have seen these moves so many times it will pop more and more.......

Posted this signal 2 hours back.... already up 6 points......These are some holy grail times on gold when its just tanks or just go up to the moon... I bet you'll see more quick pop up till NY open or big news....

COME ON GOLD VIOLATE 2600
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Extreme gut feeling trader
Quoting montygoldy
{quote} i have little no hopes for any forex prop firm joining futures band….. i have seen and used alpha futures completely pathetic if you compare to top futures firm….. i am not promoting but if myfundedfutures(only forex firm turned futures) doing good they should be appreciated… the thing i like the most about them is atleast they are innovating, new products, new platforms etc…on top of super active discord you get your questions answered in seconds… i dont know whats going on with apex if anybody has news why they not opening their Discord...
They likely closed it due to the numerous questions about delayed payments, which were further shaking already low confidence. Don't expect them to reopen it until these issues are fully resolved—if they ever are.

As mentioned before. Darrell is full of promises but short of delivering.
Quoting pipmaster77
Just back from a 5 day cruise, did not purchase the internet......highly recommended if you just want to completely disconnect from civilization for a few. Darwin update, only traded 4 days so far this month, aiming for 4% to get another 95K to bring total allocation to 155k. {image}
Great work! It's good to see traders with consistent growth. Unfortunately, some people here flood the feed when they're making a profit but go silent when the losses come.
Quoting TrAndy1
{quote} Not that much as you might think. It is always kind of speculation as you do not have the future results of any traders trades. An interview or questionnaire could be made before any trades are made and then you could do a forecast if that trader has a realistic chance to be profitable. But no prop firm is taking this serious as kind of application process, they or some do this after the payout has been requested which is nonsense for A-booking purposes as it is already done after the fact. Also you do not need 40 or more trades. Especially...
I think the logic is flawed a bit. We pay a certain amount for the test, which means paying for the test (on a demo account). Then if we pass the test, the fee can be refunded. After that, we sign a contract as a prop trader (but still on demo). This means there are two stages before we can make a profit. Unless after the demo there is a live account. So why is there a test account if everything is on demo? Wouldn't it be simpler if we just pay, reach the target, take the profit, and get our money back? If we lose, then the money is forfeited.

The definition of being profitable is very simple. For example, you’ve been involved in the prop firm trading world for a certain amount of time. Then, how much have you spent, and how much have you gained, whether in losses or profits? So, if you’ve put in $1,000 and made $3,000, that means 3x. Over how many months? Let’s say 3 months. So, $3,000 - $1,000 = $2,000/3 = $666/month.

Is there a tool to measure these statistics, meaning true and valid verification for the entire/all time? There isn’t. And it’s difficult. So, it's based on trust.
“aim small, miss small”
The Funded Traders must be super desperate for fees offering 50% off 100K challenge. I actually got an an email from them offering 60% off. Guess I'm on their VIP YOLO blow up challenge client list. As much as I hate them I just couldn't resist $195 for a 100K one step. Should be blown up by the morning.

Darwinex Zero accounts not looking that good at the moment. Oops.

On a positive note I passed a 50K topstep in 3 days. Super smooth process getting the funded account. Literally pass, click a few buttons and the account is activated instantly. See how that goes.
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Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
The Funded Traders must be super desperate for fees offering 50% off 100K challenge. I actually got an an email from them offering 60% off. Guess I'm on their VIP YOLO blow up challenge client list. As much as I hate them I just couldn't resist $195 for a 100K one step. Should be blown up by the morning. Darwinex Zero accounts not looking that good at the moments. Oops. On a positive note I passed a 50K topstep in 3 days. Super smooth process getting the funded account. Literally pass, click a few buttons and the account is activated instantly....
My Man Back on Yolo Train... So i'll join too need to build some winning days to boost confidence.......Last couple of weeks horrible on funded accounts....
Extreme gut feeling trader
Quoting montygoldy
{quote} My Man Back on Yolo Train... So i'll join too need to build some winning days to boost confidence.......Last couple of weeks horrible on funded accounts....
I don't remember Topstep just showing your drawdown on the funded account. Doesn't really matter. It's just looks kind of strange. Anyways, first day of earning $200 in the books. Trying to conquer my Topstep nemesis.

Ironically they were the first prop I ever used. About 8 years ago they had a forex prop. It was a bit confusing back then but it was a time when you could actually talk to someone on the phone. I used FTMO and the 5ers a few months later. And here they are, all 3 still in business. Now if I could only learn how to pick wives better.

Bedtime for Bonzo. Hunting for wild clay tomorrow.

Cheerio
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Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
{quote} I don't remember Topstep just showing your drawdown on the funded account. Doesn't really matter. It's just looks kind of strange. Anyways, first day of earning $200 in the books. Trying to conquer my Topstep nemesis. Ironically they were the first prop I ever used. About 8 years ago they had a forex prop. It was a bit confusing back then but it was a time when you could actually talk to someone on the phone. I used FTMO and the 5ers a few months later. And here they are, all 3 still in business. Now if I could only learn how to pick wives...
Its still my nemesis.... Passed 6 times and everytime i failed without getting a payout.. The problem i face with my psyche is there is no consistency rule so pretty much i always tried to pull the threshold on day 1 and failed
Extreme gut feeling trader
The process of CFTC against MFF is becoming surreal. Now they can't agree if they met ? If they can't agree in such an objective thing, how can hey ever agree in anything else ?
https://x.com/MDiamondFinance/status...08948247920694
Stop everything you're doing and check this. Sway has unlimited trading time.

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Prop Firm Gold Fund Trader Pulls the Plug after $600 in Sales and Funding Setbacks

Friday, 13/09/2024 | 11:40 GMT+2 by Tareq Sikder

  1. The firm halts operations following delays and the withdrawal of a key investor.
  2. Of 160 accounts, 158 were through giveaways, with 90 active but no funded accounts or pending payouts.

So the investor is gone now and they had zero payouts, so no risk at all from the prop firm side. Just try and if there is no chance to rug pull and scam with denying requested payouts, then just close the doors with ZERO LOSS. It is really surprising that this prop industry has no enterpreneur risk at all. Low barriers in addition...hm

Quoting Expo33
The Funded Traders must be super desperate for fees offering 50% off 100K challenge. I actually got an an email from them offering 60% off. Guess I'm on their VIP YOLO blow up challenge client list. As much as I hate them I just couldn't resist $195 for a 100K one step. Should be blown up by the morning.
WTF ?! You dropped money into TFT black hole ?

GL mate, it would be funny if you got to funded and make some virtual bucks there (virtual is probably the exact right designation when it comes to TFT)

I'm also receiving those 60% discount emails. It smells to the 2nd season of the TFT rug pull
Quoting Capablanca
{quote} WTF ?! You dropped money into TFT black hole ? GL mate, it would be funny if you got to funded and make some virtual bucks there (virtual is probably the exact right designation when it comes to TFT) I'm also receiving those 60% discount emails. It smells to the 2nd season of the TFT rug pull
Exactly. No real progress just more problems now with more requested payouts which are not paid since 6 months now.

Traders Await Payouts from This Prop Firm for Six Months

Thursday, 12/09/2024 | 09:07 GMT+2 by Damian Chmiel

  1. The Funded Trader has struggled with regular payments since March.
  2. Recent updates, however, indicate some progress has been made.

https://www.financemagnates.com/fore...or-six-months/

Quoting TrAndy1
{quote} Exactly. No real progress just more problems now with more requested payouts which are not paid since 6 months now. Traders Await Payouts from This Prop Firm for Six Months Thursday, 12/09/2024 | 09:07 GMT+2 by Damian Chmiel The Funded Trader has struggled with regular payments since March. Recent updates, however, indicate some progress has been made. https://www.financemagnates.com/fore...or-six-months/
They haven't paid in six months and yet are still allowed to sell to new customers.......it truly is amazing.
As much as I am against regulation WHERE IT DOESN'T BELONG, this is criminal and truly needs to be stopped.
MFF was paying people, they were not denying/delaying payouts and they were shut down.....how can this possibly be allowed......sureley the CFTC is familiar with TFT??
Quoting Capablanca
The process of CFTC against MFF is becoming surreal. Now they can't agree if they met ? If they can't agree in such an objective thing, how can hey ever agree in anything else ? https://x.com/MDiamondFinance/status...08948247920694
I think you are missing the point. There are on the record meetings regarding this already. To say no meeting happened is funny business
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