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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

Attachments: Prop Firm Hub
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Prop Firm Hub

Quoting Stoneyrocks
{quote} you only need 4177 / 0.5 = 8354 - 3000 = 5354 extra to make …{image} {image} next time read the rules before trading
my profit today stands at 2400 $

I now reduced the profit.

in line with your calculation, 2400 /0.5 = 4800 - 3000

= 1800 $.

My current equity is 51293.

I need to make 1800 $ in order to meet consistency rule.

So, 51293 + 1800 = 53093.

This is fine.

The thing is, i will go slowly next few days.

Intraday only.
Quoting navk
{quote} my profit today stands at 2900 $ I will now reduce the profit.

still 5800 - 3000 = 2800 extra to be made ….throw more money out the window..
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Quoting Stoneyrocks
{quote} still 5800 - 3000 = 2800 extra to be made ….throw more money out the window.. {image}
Yes, I did that exactly.

My wife advised me too.
Intraday only.
Quoting montygoldy
{quote} there is 50% consistency rule for evals.... check the dashbaord you need to make alot more now to pass as you made 2800$ in a day... Plus if you choose topstepx platform there is no daily loss limit
Top step , for tradovate, 1000 $ daily loss limit
Intraday only.
Quoting Stoneyrocks
{quote} you only need 4177 / 0.5 = 8354 - 3000 = 5354 extra to make …{image} {image} next time read the rules before trading
You did a very good thing to me by providing calculator.

It made my life easier.

I traded tradify consistently.

With Top step, the first day loss of 1107 stirred me up a bit on second day.

lol
Intraday only.
Quoting navk
{quote} You did a very good thing to me by providing calculator. It made my life easier. I traded tradify consistently. With Top step, the first day loss of 1107 stirred me up a bit on second day. lol
if you had done your job , reading the rules before trading , we would not need to have this conversation in this thread.
I wanted to save your life but next time , I wont, at 67 years old , I dont want this stress anymore …
thanks for understanding
Quoting Stoneyrocks
{quote} if you had done your job , reading the rules before trading , we would not need to have this conversation in this thread. I wanted to save your life but next time , I wont, at 67 years old , I dont want this stress anymore … thanks for understanding
You are 33 years younger to me.

Intraday only.
Quoting navk
{quote} You are 33 years younger to me.
you must be joking

then I take back my words , next time just throw the money in my pockets instead of out of the window
Quoting Stoneyrocks
{quote} you must be joking
Ask anybody in this thread.

I have told this age only.

They all accepted.



By the way, Monty knows, I am old engineer. I told him once that at his age, i was like him, go getter
Intraday only.
Quoting Capablanca
{quote} I wonder if going from 5% to 4% daily affects that many people. If so, then it may be a good idea for props to decrease number of gamblers and/or people that are hedging and need to pass in a few trades. I never imagined that this would be a problem for anyone.
Every time some firms do a little adjustment i try to do reverse engineering on why now. If they (fxify and alpha) are doing this changes, it's clear that something is moving, but what .......... probably potatoes.
Quoting navk
{quote} Monty, I have now reduced purposely the profit made. Today profit is 2900 $. Reduced purposely by 1286 $. !!
Good job you realised at right time.... once i had to make 6k to pass 50k coz i made 3000$ on one single day.....
yep if you choose topstepx platform there is no daily loss limit whereas tradovate has.
Extreme gut feeling trader
Funded SIM account created in my Tradeify account today
Intraday only.
Quoting montygoldy
{quote} Good job you realised at right time.... once i had to make 6k to pass 50k coz i made 3000$ on one single day..... yep if you choose topstepx platform there is no daily loss limit whereas tradovate has.
I now need to make 1689 dollars to pass
There was advice in my profile to make this money in 2 or more days
Intraday only.
Why 5ers and ftmo have meta trader still while a bunch of other prop firms had their metaquotes license revoked?
Quoting Razay
Why 5ers and ftmo have meta trader still while a bunch of other prop firms had their metaquotes license revoked?
Hi, you can drop a letter to - MetaQuotes Software Corp, they have a very detailed explanation.
Quoting TrAndy1
{quote} I have attached a full autotranscript from the mentioned youtube video, it is in Czech and English language as file attached. So you do not miss out any info. Cheers. {file} Sorry, it did not format the text with this tool. I just found a better website. But I cannot save it as file so you need to browse yourself. Here is you do the following: Go to: https://notegpt.io/youtube-transcript-generator Then type into generate summary field: "www.youtube.com/watch?v=Gh6QAJgAqxA"...
Cheers!

I do not get what's the problem all Apex officials suffering, that they are so chatty, unable to speak effectively and clearly.
Not only in the videos, but even though in FAQs and funded rules. They are unable to describe things effectively just in several sentences. They are writing poems about simple rules like consistency, DCA, etc. I do not need to read Dostoevsky's when I want to know the PA rules.
Chase value, not price
Inserted Video
Maybe someone can see a parallel between the props and this restaurant.
Or maybe between Homer and the really successful traders?

Inserted Video
No trading of CPI today.

Done some 100 $ in Futures live. That is it.

Appoinment in Medical lab.
Intraday only.
Quoting navk
No trading of CPI today. Done some 100 $ in Futures live. That is it. Appoinment in Medical lab.
Isn't CPI tomorrow? FOMC minutes is today.
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