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Anyone trading with a Prop firm 1 reply

prop firm new model - my trading journey 869 replies

So I accepted a Prop Trading job in South Beach Miami 43 replies

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  • Post #5,481
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  • Nov 13, 2021 9:40am Nov 13, 2021 9:40am
  •  pipmaster77
  • Joined May 2016 | Status: Member | 1,964 Posts | Invisible
I just popped over there. Looks like Paul and Jota would've just been better off talking on skype or something. Why start a thread, it's just the two of you.Too funny.
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  • Post #5,482
  • Quote
  • Nov 13, 2021 9:42am Nov 13, 2021 9:42am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting pipmaster77
Disliked
{quote} Should we go troll his thread with everything wrong with "real prop firms" and why the ones we use are superior? Actually, that thread is probably not going to get much traffic, as 99.9% of folks on FF will never land a position with one of those firms and I don't know about you guys, but I kind of like my 8 step commute from my bedroom to my office.
Ignored
Lol You should know i already tried. That's when i realized he had ignored everyone who could rubbish the thread with some truth.
It's dead on arrival though... The thread is going to be more centered on baseless slander and nitpicking of any little negative thing between two lovers, about any Pseudo prop firms they can find.

I believe we all got into trading to one day get away from the restrictions of a 9-5, while leaving room for limitless growth and financial possibilities..
These online prop firms provide that room... so i have no idea why any sane thinking person would ever want to regress back to the stressful conditions and requirements posed by whatever brick and mortar firms Paula may be shilling out of spite.
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  • Post #5,483
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  • Nov 13, 2021 9:55am Nov 13, 2021 9:55am
  •  Takisd
  • Joined Dec 2005 | Status: Give me all your money for free | 1,953 Posts
so... no one wants to sub to my onlyfans then?
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  • Post #5,484
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  • Nov 13, 2021 9:57am Nov 13, 2021 9:57am
  •  pipmaster77
  • Joined May 2016 | Status: Member | 1,964 Posts | Invisible
Quoting Koop
Disliked
{quote} Lol You should know i already tried. That's when i realized he had ignored everyone who could rubbish the thread with some truth. It's dead on arrival though... The thread is going to be more centered on baseless slander and nitpicking of any little negative thing between two lovers, about any Pseudo prop firms they can find. I believe we all got into trading to one day get away from the restrictions of a 9-5, while leaving room for limitless growth and financial possibilities.. These online prop firms provide that room... so i have no idea...
Ignored
Exactly my reasons for trading. To escape the grind, not join it.
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  • Post #5,485
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  • Nov 13, 2021 10:18am Nov 13, 2021 10:18am
  •  Vitore
  • | Joined Jul 2019 | Status: Member | 169 Posts
Quoting Capablanca
Disliked
{quote} Thanks, good point. US30 in FTMO is $10 per point, rigth ?
Ignored
It depends. With FTMO you can trade as little as 0.1 contract (they call it contracts though in fact 1 contract is just exactly 1 unit of the index) which would represent $0.1 per point but you probably refer to trading 1 lot (= 10 FTMO contracts) which would mean the $10 per point as you stated

Quoting Capablanca
Disliked
The YM futures contract is $5 per point so we need to have 2 contracts to be the same.
Ignored
2 YM futures contracts would then be equivalent to 1 lot with FTMO

Quoting Capablanca
Disliked
2 contracts is $10 of slippage (1 point spread x 2 contracts x $5) and about $4.40 round turn commission for the 2 contracts. So roughly $14.40 to compare with FTMO I'm pretty new here, what do you mean by pre-market cost and market ?
Ignored
FTMO cost of trading 1 lot during the NYSE market hours would be $14.60 so virtually identical.

Pre-market is the time before the NYSE opens, i.e. the Asia and most of the Europe sessions when US30 CFD's can be traded but the NY Exchange is still closed. They open at 14:30 GMT (9:30am ERT). For US traders use the term "pre-market" mostly means the NY business hours prior the NYSE opens, i.e. 8:00-9:30am ET, for the rest of the world though it is the former.
Even a broken clock is right twice a day
 
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  • Post #5,486
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  • Nov 13, 2021 10:28am Nov 13, 2021 10:28am
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,896 Posts
Quoting Koop
Disliked
{quote} Expo, do you still have your account with DT4X?
Ignored
Oh gosh no that blew up shortly after I got paid and settled into free roll mode
"Pride always comes before destruction...." -Proverbs 16:18
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  • Post #5,487
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  • Nov 13, 2021 11:06am Nov 13, 2021 11:06am
  •  Chronus
  • | Joined Apr 2013 | Status: Time is the greatest precious metal | 142 Posts
Quoting pipmaster77
Disliked
I just popped over there. Looks like Paul and Jota would've just been better off talking on skype or something. Why start a thread, it's just the two of you.Too funny.
Ignored
Fred
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  • Post #5,488
  • Quote
  • Nov 13, 2021 11:14am Nov 13, 2021 11:14am
  •  Expo33
  • Joined Aug 2013 | Status: Member | 2,896 Posts
Service dog JotaP(aula) working overtime.

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"Pride always comes before destruction...." -Proverbs 16:18
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  • Post #5,489
  • Quote
  • Nov 13, 2021 11:35am Nov 13, 2021 11:35am
  •  Takisd
  • Joined Dec 2005 | Status: Give me all your money for free | 1,953 Posts
Quoting Expo33
Disliked
Service dog JotaP(aula) working overtime. {image}
Ignored

Your meme is too cute for people who believe they are something that they are not.
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  • Post #5,490
  • Quote
  • Nov 13, 2021 1:02pm Nov 13, 2021 1:02pm
  •  Nsak3y
  • | Joined May 2020 | Status: Member | 400 Posts
I honestly wonder if PaulMF might be on the spectrum. If not, then maybe suffering from some kind of physical, psychological or drug-related impairment. It just seems like something is off. No judgment, either way, but I almost feel concerned for the guy. Most likely just a troll, though.

I think, it is not uncommon to see failed traders take out their frustrations on everything but themselves, which is probably where they should have been looking all along.
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  • Post #5,491
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  • Nov 13, 2021 1:25pm Nov 13, 2021 1:25pm
  •  Takisd
  • Joined Dec 2005 | Status: Give me all your money for free | 1,953 Posts
Quoting Nsak3y
Disliked
I honestly wonder if PaulMF might be on the spectrum. If not, then maybe suffering from some kind of physical, psychological or drug-related impairment. It just seems like something is off. No judgment, either way, but I almost feel concerned for the guy. Most likely just a troll, though. I think, it is not uncommon to see failed traders take out their frustrations on everything but themselves, which is probably where they should have been looking all along.
Ignored
Probably just venting because of his Mcjob.
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  • Post #5,492
  • Quote
  • Nov 13, 2021 4:18pm Nov 13, 2021 4:18pm
  •  NXTrader
  • | Joined Aug 2021 | Status: Member | 15 Posts
Quoting Takisd
Disliked
{quote} Send me an EA that you have made that makes 150% year over year with less than 10% drawdown.
Ignored
In backtest or real?
You said you have bugs and I am offering my help. I can optimize any EA to make 150% a year with 10% DD but we both know this is huge earnings and super hard to achieve next year after optimisation.
I am serious. if you need some help with MQL feel free.
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  • Post #5,493
  • Quote
  • Nov 13, 2021 4:21pm Nov 13, 2021 4:21pm
  •  NXTrader
  • | Joined Aug 2021 | Status: Member | 15 Posts
Quoting pipmaster77
Disliked
{quote} Me too. I'll pay 5 figures for it.
Ignored
me too. I can make those 5 figuers in few months with such DD and results )
I am good at coding. But most EAs require traders oversee to be profitable
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  • Post #5,494
  • Quote
  • Nov 13, 2021 7:35pm Nov 13, 2021 7:35pm
  •  tradista
  • Joined May 2011 | Status: - | 766 Posts
Quoting Koop
Disliked
Lmao Good Job Masterrmind. By the way, i see that your recent actions have sprung up some competition down south in the swamps. {image}
Ignored

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I can't find anything of value to read !!
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  • Post #5,495
  • Quote
  • Nov 14, 2021 3:12am Nov 14, 2021 3:12am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting tradista
Disliked
{quote} {image} I can't find anything of value to read !!
Ignored
Haha unfortunately, I don't have the discipline to refrain from clicking "view post".
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  • Post #5,496
  • Quote
  • Nov 14, 2021 7:33am Nov 14, 2021 7:33am
  •  navk
  • Joined Oct 2010 | Status: Trader | 13,336 Posts | Invisible
Quoting Koop
Disliked
{quote} Haha unfortunately, I don't have the discipline to refrain from clicking "view post".
Ignored
Everyone almost do the same.

Intra day only.
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  • Post #5,497
  • Quote
  • Nov 14, 2021 5:06pm Nov 14, 2021 5:06pm
  •  Takisd
  • Joined Dec 2005 | Status: Give me all your money for free | 1,953 Posts
Troll thread is being built to sell regurgitated ideas to unwitting newbies.

Its pretty classic scammer behavior. Claim to take a stand then build something that is already in existence in the market and then sell it to idiots.

Color me not surprised.
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  • Post #5,498
  • Quote
  • Nov 14, 2021 6:56pm Nov 14, 2021 6:56pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,336 Posts | Invisible
Quoting Takisd
Disliked
Troll thread is being built to sell regurgitated ideas to unwitting newbies. Its pretty classic scammer behavior. Claim to take a stand then build something that is already in existence in the market and then sell it to idiots. Color me not surprised.
Ignored
They have their own private lemon party now.
Trade with confidence, trade without fear.
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  • Renfred
  • Post #5,500
  • Quote
  • Nov 15, 2021 2:14am Nov 15, 2021 2:14am
  •  Koop
  • Joined Apr 2016 | Status: Conquistadores' | 1,545 Posts
Quoting Renfred
Disliked
I created an indicator that is like none other on any market or forum, to help new traders see support and resistance. Pro traders see supply and demand easily. For source code @ $1000 contact me on Telegram https://t.me/KingRennie {image} {image} {image} {image}
Ignored
Oh You don't say..
You're right, in my short 5 years of trading, i don't think i've ever seen an indicator that plots S/R levels on charts for noobs easily.
Groundbreaking stuff.
i'll take 6 please.
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