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  • #3,401
  • Sep 2, 2021 9:15am Sep 2, 2021 9:15am
Quoting mrdfx
I heard today that Blue Edge Financial are starting their own prop firm. Their offering looks similar to FTMO and they have discounts for existing members. https://blueedge.ropstambpo.com/funding/
I hate risk review. Usually it is similar to TCF where they added loop hole to reject account if there is 5% drawdown.
  • #3,402
  • Sep 2, 2021 10:08am Sep 2, 2021 10:08am
Quoting sampat
{quote} I hate risk review. Usually it is similar to TCF where they added loop hole to reject account if there is 5% drawdown.
It's most likely one of the firms that source their "Liquidity" from TCF. They're the only ones that have that risk review clause.

Blue edge following the Blake Olson Route. Educators who teach others how to pass prop challenges then go on to set up their own so called prop firms.

Weird trend.
In the end, if they have a sustainable model that is not just dependent on fees, it's all good...... I guess.
  • #3,403
  • Sep 2, 2021 10:16am Sep 2, 2021 10:16am
Quoting Koop
{quote} It's most likely one of the firms that source their "Liquidity" from TCF. They're the only ones that have that risk review clause. Blue edge following the Blake Olson Route. Educators who teach others how to pass prop challenges then go on to set up their own so called prop firms. Weird trend. In the end, if they have a sustainable model that is not just dependent on fees, it's all good...... I guess.
I agree but problem with these firms you can't stack or do martingale. I dont typically do martingale but splitting 1 lot into 5 trades at different levels is good thing to have but these firms will fail you.

As 95% traders fail. It makes or sense to do opposite of what traders are doing if one has big enough capital. Plus fees
  • #3,404
  • Sep 2, 2021 10:48am Sep 2, 2021 10:48am
Quoting sampat
{quote} I agree but problem with these firms you can't stack or do martingale. I dont typically do martingale but splitting 1 lot into 5 trades at different levels is good thing to have but these firms will fail you. As 95% traders fail. It makes or sense to do opposite of what traders are doing if one has big enough capital. Plus fees
Yes, I trade similar style. One position can consist of 5-10 trades, adding to winners and losers. Once again, why I use MFF and FTMO.
  • #3,405
  • Sep 2, 2021 12:16pm Sep 2, 2021 12:16pm
Phase II Day 1

Today's result will reduce next week pressure on Phase II, thanks God.
Tomorrow is NFP day, I prefer to see what happened and continue next week.
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  • #3,406
  • Sep 2, 2021 12:32pm Sep 2, 2021 12:32pm
Quoting Masterrmind
{quote} Priority was to pass the challenge and you did that so great job done ! Best wishes for the next phase. Masterrmind ........
Thank Masterrmind, I need a lot of best wishes to achieve my goal.

Cheers!
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  • #3,407
  • Sep 2, 2021 12:37pm Sep 2, 2021 12:37pm
Quoting Takisd
{quote} congrats... walkin on the edge, i like it.
Hi Takisd,

It's just my luck to be awake at critical time 'cause most of the time I never put an SL.
Walking on the edge -- coincidentally, ha ha ha....
Never rely again on that luckiness, I think to put 'safety net' to avoid that such silly thing.

Cheers!
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  • #3,408
  • Sep 2, 2021 2:38pm Sep 2, 2021 2:38pm
Quoting mrdfx
I heard today that Blue Edge Financial are starting their own prop firm. Their offering looks similar to FTMO and they have discounts for existing members. https://blueedge.ropstambpo.com/funding/
that site reads like a bad infomercial.
  • #3,409
  • Sep 2, 2021 4:12pm Sep 2, 2021 4:12pm
US30 disgusting at the moment
  • #3,410
  • Sep 2, 2021 4:15pm Sep 2, 2021 4:15pm
Quoting Elyes
US30 disgusting at the moment
It's going to get worse. With the admin we have running this country, the US is a friggin' mess. Start stacking the sells.
  • #3,411
  • Sep 2, 2021 4:16pm Sep 2, 2021 4:16pm
Quoting Elyes
US30 disgusting at the moment
how far pip?
  • #3,412
  • Sep 2, 2021 4:18pm Sep 2, 2021 4:18pm
Quoting pipmaster77
{quote} It's going to get worse. With the admin we have running this country, the US is a friggin' mess. Start stacking the sells.

WE both know that FED will make sure people who do this eat poop. Best just save your money for when it hits bottom and cash in on the long term way back up.
  • #3,413
  • Sep 2, 2021 4:19pm Sep 2, 2021 4:19pm
Quoting Elyes
{quote} how far pip?
No crystal ball here, sorry. 99% certain the highs for the year are in though.
  • #3,414
  • Sep 2, 2021 4:21pm Sep 2, 2021 4:21pm
yes but the problem is this fucking liquidity. You can't make money on the down side or the up side
  • #3,415
  • Sep 2, 2021 4:24pm Sep 2, 2021 4:24pm
as a day trader I think it is difficult at the moment compared to the first months of 2021.
  • #3,416
  • Sep 2, 2021 4:26pm Sep 2, 2021 4:26pm
Quoting Elyes
as a day trader I think it is difficult at the moment compared to the first months of 2021.
because you can't just buy and hold forever? :O I am making money on us30 right now with the volatility.
  • #3,417
  • Sep 2, 2021 4:37pm Sep 2, 2021 4:37pm
Quoting Takisd
{quote} because you can't just buy and hold forever? :O I am making money on us30 right now with the volatility.
time frame?
  • #3,418
  • Sep 2, 2021 4:39pm Sep 2, 2021 4:39pm
m5 intraday since 20. of august difficult. unless ure gambling...
  • #3,419
  • Sep 2, 2021 4:41pm Sep 2, 2021 4:41pm
Liquidity is yet to come. I am sure of that. I will show you my sustainable results
  • #3,420
  • Sep 2, 2021 4:43pm Sep 2, 2021 4:43pm
You don't really need tens of forex pairs. US30 is really enough to make money.
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