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prop firm new model - my trading journey 871 replies

Anyone trading with a Prop firm 2 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 HengkiTjen
E8 15% discount, firm need money ?
-I think E8 still has room to grow. I'm not sure if offering a discount is the way to go about it, though. Probably, they need to focus their efforts on improving in other areas.
Hello Senior Trader,
Any experience with Blufx.co? Looks like a good deal if one can make atleast 5% per month.
Without despair & distraught, focus on Patience to FRESH MOTiVES.
Why u dont learn how to read market without indicator and learn 5% but each day

u can see live great results each day and most important when u learn then knowledge is best profit in your life
https://www.forexfactory.com/thread/...4#post14365054
Quoting skyf
Hello Senior Trader, Any experience with Blufx.co? Looks like a good deal if one can make atleast 5% per month.
Don't waste your time on any direct/instant funding program. Trust me this is bullshit.
Quoting skyf
Hello Senior Trader, Any experience with Blufx.co? Looks like a good deal if one can make at least 5% per month.
Very bad. Their leverage is 1:3 and in most pairs the margin is 140% which means the real leverage is slightly above 1:2.
Furthermore they are having a lot of claims regarding pending withdraws for more than 2 weeks, both in trust pilot and in the prop trading group.
Received this in my inbox; 10% discount from Traders With Edge. Expires this weekend:

Quote
"We appreciate you being on this journey with us and we wanted to reward you with a 10% discount for this weekend only.

Use code FLASH10 to get 10% off any of our challenges and instant funding accounts!

https://traderswithedge.com/challenges

Sale ends 11.59pm UTC Sunday.

Regards,

Traders With Edge
www.TradersWithEdge.com"
Hey traders, ftmo, somehow stopped taking clients from my country. So anyone could suggests best prop firm (also suitable for scalper). Thank you
Folks, anyone here has a real experience with OFP Funding ?
I don't understand from where do they get enough money to cover when they state that more than 30% of their traders getting payout !
I am thinking of joining them but that fact confusing me. we all know that prop firm can't resist with such a percentage specially if its instant funding model.
If anyone here got payout or know how this prop firm cover their expenses please share your experience .
Lost my funded account with 5ers. Forgot to set my copier with funded account settings, challenge settings are very aggressive. Daily drawdown protection module worked, but still it happened.

5ers refunded the challenge fee after Stage 2 as promised but credited to my funded account. So this is a fee refund with the first payout, otherwise how can I withdraw this from my account before. Nothing interesting, most firms return the fee with the first payout. So it's just marketing.

My $300 fee was credited as equity, which was displayed in MT5. So I had extra equity, which was confirmed on the dashboard as well. My allowed daily low was 57,000, my equity before the loose streak was 60,658.5 with all closed trades, now I have 57,258.50 and my account is terminated. So that $300 means nothing for 5ers system, but my EA didn't close trades early because the equity was fine. Yes, if I had set the correct settings this would not have happened, but technically I did not violate the minimum level. Looks like additional 300$ were credited only as equity and not as a balance. Perhaps the drawdown was calculated from the balance, but I'm sure their system simply cannot work correctly with these additional funds.

So it was 6 days to complete both phases and 1 day to lose funded account. I've lost accounts before, but those were long fights and never because of a daily drawdown violation. It was fun anyway. RIP my $300.
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who can explain me this???

FTMO BITCOIN, sometime is up 100$ vs binance now is much lower! how it is possible?

binance on left, on the right mt5 ftmo

and it is not about the spread, that they increased from 900, to 1200 now is 5000 but hope temporary

no market volatility.. but they enlarged to a crazy 5000
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Quoting Nihi
Lost my funded account with 5ers. Forgot to set my copier with funded account settings, challenge settings are very aggressive. Daily drawdown protection module worked, but still it happened. 5ers refunded the challenge fee after Stage 2 as promised but credited to my funded account. So this is a fee refund with the first payout, otherwise how can I withdraw this from my account before. Nothing interesting, most firms return the fee with the first payout. So it's just marketing. My $300 fee was credited as equity, which was displayed in MT5. So...
which program it was? the instant funding 1:10 leverage 20K funded 80K?

the 5ers changed the programs!!!! I checked now and they raised the leverage from the bad 1:10 ..... to 1:30 very good

I will check now all new things and update the spreadsheet

something good, something bad....

https://docs.google.com/spreadsheets...it?usp=sharing

ratio doesn't get improve but... 30 leverage make possible at least to trade better, with 1:10 was a big limit I think.






Updated here! 5ers new instant funding 2.0
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Quoting forexbali
{quote} which program it was? the instant funding 1:10 leverage 20K funded 80K? the 5ers changed the programs!!!! I checked now and they raised the leverage from the bad 1:10 ..... to 1:30 very good I will check now all new things and update the spreadsheet something good, something bad.... {image} {image}
It was challenge. I didn't even check closely their new instant funding program. 1:10 or 1:30 still bad thing I'm sure. You choose the challenge or you don't go with props at all.
Quoting Nihi
Lost my funded account with 5ers. Forgot to set my copier with funded account settings, challenge settings are very aggressive. Daily drawdown protection module worked, but still it happened. 5ers refunded the challenge fee after Stage 2 as promised but credited to my funded account. So this is a fee refund with the first payout, otherwise how can I withdraw this from my account before. Nothing interesting, most firms return the fee with the first payout. So it's just marketing. My $300 fee was credited as equity, which was displayed in MT5. So...
This is the kind of feedback that's quite appreciated. It's about those details that we only realize if we experience them or if someone share them with us. Thanks a lot fot that.

If they add the fee refund to equity it is obviously to everyone that it is not a refund after phase 2. It's a refund with the first payout because there is no other way to get the money before that. And you will never get it if you don't achieve a payout. I don't like marketing tricks like these, honestly. Was that at least written somewhere in the site or T&C ?
Quoting Nihi
{quote} It was challenge. I didn't even check closely their new instant funding program. 1:10 or 1:30 still bad thing I'm sure. You choose the challenge or you don't go with props at all.
the new challenge? HIGH STAKE?
Quoting Capablanca
{quote} This is the kind of feedback that's quite appreciated. It's about those details that we only realize if we experience them or if someone share them with us. Thanks a lot fot that. If they add the fee refund to equity it is obviously to everyone that it is not a refund after phase 2. It's a refund with the first payout because there is no other way to get the money before that. And you will never get it if you don't achieve a payout. I don't like marketing tricks like these, honestly. Was that at least written somewhere in the site or T&C...
When you pass the first phase, you must make a choice. For me it was $250 and $300 if I'm not mistaken. Screenshot from another trader on their discord. I chose $300 of course, I don't need candy wrappers for future purchases when I can just get the money. So now I know "withdrawable credit" is funds to the account. At the same time, their system cannot work with this correctly and it cost me an account. I think there is no way that they will deal with it and somehow solve my situation.
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Please for who has a funded account with The Funded Trader Program TFTP

do they allow now to trade crypto on the funded account? or they are stick just to challenges?

thank you
Quoting forexbali
who can explain me this??? FTMO BITCOIN, sometime is up 100$ vs binance now is much lower! how it is possible? binance on left, on the right mt5 ftmo and it is not about the spread, that they increased from 900, to 1200 now is 5000 but hope temporary no market volatility.. but they enlarged to a crazy 5000 {image} {image}
I don't know the cause of it, but historically it has been common for different bitcoin exchanges to have different prices. For example, MTGOX would have a higher price than BTC-e, and Bitstamp would be somewhere between the two. That was about 10 years ago when I was mining bitcoin.
Take the easy ones, and don't do anything stupid in the meantime.
Quoting Butters
{quote} I don't know the cause of it, but historically it has been common for different bitcoin exchanges to have different prices. For example, MTGOX would have a higher price than BTC-e, and Bitstamp would be somewhere between the two. That was about 10 years ago when I was mining bitcoin.
I'm expert about crypto.

However, today very bad they are keeping 50$ of spread bid-ask most of the time, with market almost not moving. I didn't remember this weeks ago, but may be the trial demo is not so good like the funded one.
Quoting forexbali
Please for who has a funded account with The Funded Trader Program TFTP do they allow now to trade crypto on the funded account? or they are stick just to challenges? thank you
I am live on the "royal" program. I do not trade crypto, so couldn't tell you if weekend crypto is even available in the challenge (never tried).....definitely no weekend crypto on live
Quoting pipmaster77
{quote} I am live on the "royal" program. I do not trade crypto, so couldn't tell you if weekend crypto is even available in the challenge (never tried).....definitely no weekend crypto on live
thank you, so for sure they still have crypto removed from live trading.

Thanks, all right.
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