Prop Firm Hub 2.0

Quoting Noisy

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{quote} So you’re telling me if Monty say‘s to risk the full contract size to max. out his position size on 1 „bet“ is not the same as placing 1 bet on a roulette table? Yes he might have only risked 1% of his bank roll but the TASK itself has NOTHING to do with having a long term proven positive expectancy. Try doing that a 100 times and see where you end up? Don’t confuse gambling with professional gamblers with an long term proven „edge“ in what they are doing and who know about probabilities and mathematical advantages. Anyhow. I’m already tired...

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Quoting Noisy

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{quote} Monty, it's all good. I completely understand, and I wasn't at all concerned with props or how you make money with them. If you risk $50 to trade very risky with the possibility of losing it or possibly receiving a large payout, only to then potentially get banned again, that's your legitimate decision to do so. I simply thought you meant you had an 85% win rate overall (for all your trading since you started), even though your stats don't show that in retrospect. It doesn't matter, as you said, as long as you make money with what you do,...

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Quoting pipmaster77

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{quote} Perfect.....so the senseless posts poking a hole in every broker, firm and startegy will stop? The posts looking for a 100% guaranteed success will stop? They may welcome you in the original prop firm thread as they no longer speak about props over there. I think Monty has a positive expectancy, once again, you are refusing to wrap your head around his model. If he executes 3 trades with a $50 risk each and 1 hits and results in a $2500 DD (passed account).........how do you not view as positive expectancy? If he does it 100 times and spends...

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Quoting Trader191

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{quote} prop are companies paid from the gaming fees of all people attend. its not like real deposits in real broker, what compensates for your losses. So Montys way make a lot of sense, because you never know : - how long will this company exist - how long they make money and have money to pay the winners - when they change rules to survive or earn more - when they kick you out because you get to expensive over time - when government regulations maybe change the game

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Quoting Noisy

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{quote} I'm glad you're so knowledgeable. Yes, as I said, you could see it that way. My impression "so far" has been that there are certainly reputable prop companies that are interested in finding long-term profitable traders and not in giving people one-time checks by taking high risks and trying to multiply their small challenge tenfold. At least, every prop company states on their website that they are NOT interested in attracting gamblers looking to enrich themselves in the short term. If such a company means it the way they describe it, it's...

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Quoting Noisy

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{quote} So you’re telling me if Monty say‘s to risk the full contract size to max. out his position size on 1 „bet“ is not the same as placing 1 bet on a roulette table? Yes he might have only risked 1% of his bank roll but the TASK itself has NOTHING to do with having a long term proven positive expectancy. Try doing that a 100 times and see where you end up? Don’t confuse gambling with professional gamblers with an long term proven „edge“ in what they are doing and who know about probabilities and mathematical advantages. Anyhow. I’m already tired...

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Quoting Noisy

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{quote} Well, the way he described what he’s doing didn’t sound like having an edge. No words about amount of orders, risk:reward and win rate. Thats why I said it’s confusing if people just state something without providing any context or evidence. The way you’re describing it gives a different perspective (if that’s what he‘s really doing - who knows?) Casino. Depends on the game you’re playing. There are games where you can have an edge. With horse betting, sports betting you can also gain an edge. I apologize for „uneducated people“ but based...

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Quoting SaidFX08

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Guys hi . What u think ab AquaFunded their 5k 2 step challenge with coupon costs 16 $ + feed . I think it is a great and cheap way to start your journey with prop fims and for the last half year their payouts rised from 1.2 m to 3.5 m . If someone worked with them would u recommend them or ?

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Quoting montygoldy

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{quote} Can you name any prop firm with that reputation of long term except topstep and darwin

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Quoting Verde

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{quote} Aqua changed their pricing and terms recently. The smallest eval they had was 25k for $26, now 5k for $16 means they have multiplied their prices. By the same calculation a 50k account costs $160. Most likely in a cash shortage and desperately trying to get as much money as they can fast. Stay away.

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Quoting rafiahpeng

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got two 200k funded from FTMO, as per today I still can get payout every month for the past 1 year, Now looking to buy another prop firm challenges, looks like fundednext will be my next choice. Anyone can suggest me better propfirm especially can give me max allocation, im looking forward to max 1mill funded account in total.

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Quoting Noisy

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{quote} Casino. Depends on the game you’re playing. There are games where you can have an edge.

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Quoting procrude

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Very weird price action today. I guess its coz of the options expiring ? not sure... I am out of the markets. {image}

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Quoting Novazor

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{quote} can you give the link to thank calendar procrude? Thanks

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Quoting montygoldy

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{quote} Aboslutely freaking agree with you... The points i have personally experienced them all myself - how long will this company exist - Skilledfundedtrader lost 20k payout when they suddenly closed how long they make money and have money to pay the winners - fasttracktrading if anyone remembers when they change rules to survive or earn more - all of the them apex, topone, bgf etc when they kick you out because you get to expensive over time - tradeday, ticktick, futureselite. myflashfiunding(after that monster 35k payout) etc when government...

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Quoting Zuke

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{quote} Congrats! I am max funded with FTMO and also 5ers atm. I am trying out Hola Prime and so far they look decent. For CFD props, I would only "vouch"for FTMO and 5ers as reliable prop firms who pay with no issue.

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Quoting procrude

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Very weird price action today. I guess its coz of the options expiring ? not sure... I am out of the markets. {image}

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Quoting Noisy

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{quote} Do you find FTMO or 5ers more difficult?

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Quoting montygoldy

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{quote} Also price increases is not equal to firm in jeopardy..... AS RECENTLY nearly all the firms increased mffu, tradeify etc... I have a 4500$ payout incoming next week then i can have better answer.....

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