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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 Mtinifx
{quote} Are you eating bread and water for the next two months? After that it's Caviar on toast
Humor is the best medicine.

Now back to my challenge ....
Master your Mind then Master your Trades
Quoting nikosk0
{quote} am currently on challenge for the prop trading. no issues to replies on email so far. dont know if they are legit or not. took the leap of faith. same with fxseed. ftmo restrictions got on my nervs, i hate them
Certainly each trader needs to find their own comfort zone with these Prop firms.

I hope all goes well in your challenge.

Masterrmind .......
Master your Mind then Master your Trades
Quoting Masterrmind
{quote} Certainly each trader needs to find their own comfort zone with these Prop firms. I hope all goes well in your challenge. Masterrmind .......
just passed it. waiting for them to give me the next stage.
funniest part is i was this close to passing it on 2nd week and i mnaged to fuck up somehow. i was in profit so with 3 days remaining yesterday, i scalped the shit of the markets yesterday.

shit on a chair and dont get a heart attack from the lot sizes and the number of trade you will see in a day.
i had never done such reckless things before but i had to.
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Very well done ! I dont think I could put myself through this. You needed to make 8% in a month or lose ????
If I don't mention SL and/or TP = longer-term setup possibly in the works!
Quoting mtako
Very well done ! I dont think I could put myself through this. You needed to make 8% in a month or lose ????
retry is free if in profit. i was up 4% yesterday so basically i only risked my profits to make another 4%, i never went into negative teritory that i would need to pay again.

it is just a challenge, not real money betting so u know, no big deal to overdo it if time is running out. just stay in positive teritory and all is ok
so is there any funding companies you would stay away from and why?
Quoting nikosk0
{quote} just passed it. waiting for them to give me the next stage. funniest part is i was this close to passing it on 2nd week and i mnaged to fuck up somehow. i was in profit so with 3 days remaining yesterday, i scalped the shit of the markets yesterday. shit on a chair and dont get a heart attack from the lot sizes and the number of trade you will see in a day. i had never done such reckless things before but i had to. {image} {image}

Man ! reminds me of my old days with fxsolution and Marketiva ! Going for 10% a day ! Heart attacks every minute!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
Quoting mtako
{quote} Man ! reminds me of my old days with fxsolution and Marketiva ! Going for 10% a day ! Heart attacks every minute!
hahahaha i know the feeling. i was riskign 5% at some point with a 5k account. i use an ea to place my orders every time, it calculates stops risks , etc.

so for some reason instead of 5% i used 50%, it was a typo that i didnt notice. sl got hit a few minutes later
never heard of those companies. signal providers and mentor thing of sorts?
Quoting nikosk0
{quote} hahahaha i know the feeling. i was riskign 5% at some point with a 5k account. i use an ea to place my orders every time, it calculates stops risks , etc. so for some reason instead of 5% i used 50%, it was a typo that i didnt notice. sl got hit a few minutes later never heard of those companies. signal providers and mentor thing of sorts?
HAHAH good one ! yaaaa, lived that often with learning new tools, crazy times! The belief was that forex trading was made for high leverage, that if you cant double your account every week or two, you are doing something wrong ! crazy....

those are some of my first forex brokers from the internet early 2000s, when spreads were fixed at 3-4-or 5 pips or more, yeah, for the majors!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
Quoting nikosk0
{quote} just passed it. waiting for them to give me the next stage. funniest part is i was this close to passing it on 2nd week and i mnaged to fuck up somehow. i was in profit so with 3 days remaining yesterday, i scalped the shit of the markets yesterday. shit on a chair and dont get a heart attack from the lot sizes and the number of trade you will see in a day. i had never done such reckless things before but i had to. {image} {image}
Great outcome. Sometimes you just have to dig deep to get the result you want to move forward!!
Trading is SIMPLE not EASY.
Quoting allinazi
so is there any funding companies you would stay away from and why?
I am staying away from theproptrading because the broker is dodgy AF. I was going to use funding talent, but now I am not because it seems like their team are just social media people and the broker is also leaving a bit to be desired, but wouldn't say to stay far away from it. Then theres like a giant list of new ones that popped up with absolute rubbish websites and stuff.
Quoting allinazi
so is there any funding companies you would stay away from and why?
Fortis trading.

Their reps are shady.
Quoting kCBHk
{quote} Fortis trading. Their reps are shady.
Haha leave the man alone
Quoting nikosk0
{quote} just passed it. waiting for them to give me the next stage. funniest part is i was this close to passing it on 2nd week and i mnaged to fuck up somehow. i was in profit so with 3 days remaining yesterday, i scalped the shit of the markets yesterday. shit on a chair and dont get a heart attack from the lot sizes and the number of trade you will see in a day. i had never done such reckless things before but i had to. {image} {image}
Nicely done.

Masterrmind .........
Master your Mind then Master your Trades
Quoting Takisd
{quote} I am staying away from theproptrading because the broker is dodgy AF. I was going to use funding talent, but now I am not because it seems like their team are just social media people and the broker is also leaving a bit to be desired, but wouldn't say to stay far away from it. Then theres like a giant list of new ones that popped up with absolute rubbish websites and stuff.
Yes so many to be very very wary of; as you say sites popping up like crazy.

Masterrmind ......
Master your Mind then Master your Trades
Interesting read:
https://5bestproprietarytradingfirms.com/
Quoting kCBHk
Interesting read: https://5bestproprietarytradingfirms.com/
Yes, those are probably the one's with the highest affiliate commissions. I think the best way to evaluate these firms is exactly what Mastermind is doing.....real world experiences from folks using them.
Quoting kCBHk
Interesting read: https://5bestproprietarytradingfirms.com/
Topstep should be on the 5 worst lists and be renamed to BOTTOMstep.

$275 a month to secure an account with the "buying power" of 500K. Wow!! So with 100:1 leverage your $275 a month gets you a 5K account. Great marketing strategy. Pathetic.

I have no experience with FidelCrest but I did check out their site a few weeks ago and now get an email a day advertising their latest "improvements". Kind of like a high school nerd trying to get a date to the prom.

Half of their 41 reviews on Trustpilot are rated "bad". Maybe rename to "FUMBLEcrest"
"Pride always comes before destruction...." -Proverbs 16:18
You could try MyForexFunds challenge as an alternative. They do have a some track record afa payouts are concerned however that's on their "rapid"model. Their challenge model is too new for payout proofs.

Minus points are: 1/ they don't offer a 200k account (not yet anyway) 2/ the daily DD rule is a two edge sword. 5% on equity AND balance

Plus points are: 1/ the cost: $499 for 100k account which is cheap compared to most of the competition. 2/ they offer 112% refund plus 85% profit share. 3/ challenge target is only 8%. 4/ They accept EA's and I think you can trade the News.
anyone had any experience with traders central fund? i see here all the prop firms but the one i like are the least mentioned

prop trading and fxseed that are new and i do not expect to hear anything positive yet
and the traders central fund witch seems to have been around for longer.

ftmo is legit i know from personal experience. they pay no questions asked if u had followed the rules
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