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

@MontyGoldy


I found it so unfair that Takeprofittrader (personally not a fan of the intraday trailing on equity when funded) doesn’t allow a master Yolo trader like you from Canada to participate that I called Donald Trump ,since they are located in the USA, to do something about it

and look what happened

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_0158.jpeg Size: 224 KB

https://takeprofittraderhelp.zendesk...cted-Countries

Canada got removed from the restricted country list
Quoting Stoneyrocks
@MontyGoldy I found it so unfair that Takeprofittrader (personally not a fan of the intraday trailing on equity when funded) doesn’t allow a master Yolo trader like you from Canada to participate that I called Donald Trump ,since they located in the USA, to do something about it and look what happened {image} https://takeprofittraderhelp.zendesk...cted-Countries Canada got removed from the restricted country list
Intraday only.
Quoting Stoneyrocks
@MontyGoldy I found it so unfair that Takeprofittrader (personally not a fan of the intraday trailing on equity when funded) doesn’t allow a master Yolo trader like you from Canada to participate that I called Donald Trump ,since they located in the USA, to do something about it and look what happened {image} https://takeprofittraderhelp.zendesk...cted-Countries Canada got removed from the restricted country list
Live account on TakeProfitTrader is not like other accounts where you earn money from day 1. One needs to make money equal to challenge for example 150K it is 4.5K and than you can withdraw which is complete BS so its not good thing. So what advantage trader is getting a part from 10% addition profit share. On sim funded they already to daily payouts.
With E8Markets, if you have a simulated funded account(s) you will NOT be able to copy trades between them.


https://helpfutures.e8markets.com/en...-at-e8-markets
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
Love Cars & Money !
With TopStep you can copy trade between accounts except to and from a Live Account.


https://help.topstep.com/en/articles...a-trade-copier
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB
Love Cars & Money !
Quoting procrude
With E8Markets, if you have a simulated funded account(s) you will NOT be able to copy trades between them. https://helpfutures.e8markets.com/en...-at-e8-markets {image}
Same thing is true with CFD E8 Accounts. Only good thing I can think of E8 futures is unlike other prop firms you don't have to build buffer directly and withdraw funds from day one BUT (BIG BUT) you need atleast 10 profitable days each profit day is counted if you make more than 0.5% for 10 days so indirect buffer of at least 5% to get 100% profits.
Quoting sampat
{quote} Live account on TakeProfitTrader is not like other accounts where you earn money from day 1. One needs to make money equal to challenge for example 150K it is 4.5K and than you can withdraw which is complete BS so its not good thing. So what advantage trader is getting a part from 10% addition profit share. On sim funded they already to daily payouts.
when I read about the intraday trailing on equity on the funded phase with TPT , they were off my list , just wanted to make Monty happy..
Nov Update...

Added Trustpilot 1 star % category. Trustpilot overall is heavily manipulated by the companies, however when the shit hits the fan the companies can't control the rapid flood of dissatisfied reviews from their customers, so I think this is a decent metric to follow to highlight potential current/emerging issues.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 217 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Capture1.JPG Size: 146 KB

It's crazy seeing the difference between my funded FX vs My funded futures trustpilot 1 stars. Mattl seems to be a complete crook on the FX side and an upstanding citizen on the futures side... so far. The more favorable business model with trailing DD, live sim consistency + limited downside risk with quick off ramp to live accounts is probably a big difference in their bottom line making payment denials a rarity on the futures side.
Quoting CableJ
Nov Update... It's crazy seeing the difference between my funded FX vs My funded futures trustpilot 1 stars. Mattl seems to be a complete crook on the FX side and an upstanding citizen on the futures side... so far. The more favorable business model with trailing DD, live sim consistency + limited downside risk with quick off ramp to live accounts is probably a big difference in their bottom line making payment denials a rarity on the futures side.
That is why I am quite confident futures props will be around for awhile. The model is far, far superior to the fx side for both the company and trader.
The one benefit of the fx side was the ability for much larger payouts which 0.0000000001 % of folks were getting and are no longer available there either, even with the OGs FTMO and the 5%ers.
Quoting CableJ
Nov Update... Added Trustpilot 1 star % category. Trustpilot overall is heavily manipulated by the companies, however when the shit hits the fan the companies can't control the rapid flood of dissatisfied reviews from their customers, so I think this is a decent metric to follow to highlight potential current/emerging issues. {image} {image} It's crazy seeing the difference between my funded FX vs My funded futures trustpilot 1 stars. Mattl seems to be a complete crook on the FX side and an upstanding citizen on the futures side... so far. The more...
the difference is he isnt giving 25% to a tech provider on MFFU, so he neglects MFFX.
Quoting Nsak3y
{quote}-I'm just curious... what is the advantage of trading a live account with MFFU over trading your own account? What are they offering you? Thanks.
offering is i spent 210$ on 3 50k accounts…now they give sim or live or any other form of account it doesnot matter coz my personal capital at risk is zero and i can go beserk or do stupid stuff with peace of mind
Extreme gut feeling trader
Quoting Novazor
{quote} Monty i forgot to ask you how many contracts you can open in your MFFU live funded? is the same margins has tradovate broker?
same 50k accounts conditions max 3 minis and 1200 daily loss limit
Extreme gut feeling trader
Quoting Stoneyrocks
{quote} I think so ; reducing the drawdown because of the gamification of the industry introduction of profit goals between payouts against flipping reducing max accounts from 7 back to 5 , can only improve sustainability from 2 to 3 payout windows per month and somewhere in 2025 complete removal of windows …..anyone who does not like that ? I have followed FTT and Tradeify closely , a difference of day and night in all aspects and FTT only had straight to funded , Tradeify has 2 other programs besides that
biggest difference between ftt and tradeify - TRADOVATE
Extreme gut feeling trader
Quoting Stoneyrocks
@MontyGoldy I found it so unfair that Takeprofittrader (personally not a fan of the intraday trailing on equity when funded) doesn’t allow a master Yolo trader like you from Canada to participate that I called Donald Trump ,since they are located in the USA, to do something about it and look what happened {image} https://takeprofittraderhelp.zendesk...cted-Countries Canada got removed from the restricted country list
is it i need to check again the list …. They had canada on banlist for tradovate pro+ only…. If they removed it then purchasing accounts there as well…
Extreme gut feeling trader
Quoting procrude
{quote} The hooker example made it very easy for me to understand.
i agree as well most appropriate example
Extreme gut feeling trader
Quoting procrude
With E8Markets, if you have a simulated funded account(s) you will NOT be able to copy trades between them. https://helpfutures.e8markets.com/en...-at-e8-markets {image}
thats some bs if you cant copy trade e8 accounts …
Extreme gut feeling trader
Quoting procrude
With TopStep you can copy trade between accounts except to and from a Live Account. https://help.topstep.com/en/articles...a-trade-copier {image}
with new rule changes they are not allowing any sim account if you on live….
Extreme gut feeling trader
Quoting montygoldy
offering is i spent 210$ on 3 50k accounts…now they give sim or live or any other form of account it doesnot matter coz my personal capital at risk is zero and i can go beserk or do stupid stuff with peace of mind
-Are they funding your live accounts, or are the live accounts being funded by your profits? I'm struggling to see the benefit, but maybe I am missing something. I think, once your initial costs are covered, then the same peace of mind can be had with a personal account, but with more freedom and without the need to share your profits.

If they are funding your live accounts without tapping into your profits, then I could see the benefit.
Quoting Nsak3y
{quote}-Are they funding your live accounts, or are the live accounts being funded by your profits? I'm struggling to see the benefit, but maybe I am missing something. I think, once your initial costs are covered, then the same peace of mind can be had with a personal account, but with more freedom and without the need to share your profits. If they are funding your live accounts without tapping into your profits, then I could see the benefit.
Mffu gives 2500$ live and forfeit any other extra profits made on it.....

My math says if i put 270$-280$ in personal . There is a very grim chance of turning it into 15k++ in matter of 2 months. Coz i made 12k in withdrawals on those two accounts + had 3k worth of drawdown as well in same time period of 2 months.

Thats where prop firm comes in. No prop firm gives Live on day 1 so you have to pull enough profits to move to live. At that point its doesnot matter what type of account it is..
Extreme gut feeling trader
Quoting montygoldy
{quote} with new rule changes they are not allowing any sim account if you on live….
do you know how MFFU will handle you if you blow the live? back to unlimited live sims? only your 1 backup available again then after that you have to go?
18 traders viewing now, 4 are members:
,
jamboole
,
,
abryan