DislikedWhat happened to theproptrading? Are they still around? I remember a while ago they made quite a stir in the prop trading community and then they went quiet. Is anyone using them?Ignored
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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
DislikedWhat happened to theproptrading? Are they still around? I remember a while ago they made quite a stir in the prop trading community and then they went quiet. Is anyone using them?Ignored
Disliked{quote} Yes, I've looked, two things as of right now I don't like. First is their broker offering as I truly prefer the firm have it's own server, with feed from their own LPs as FTMO and MFF do. Second, I just don't trust Blake, ever since I started looking at prop firms 18 months ago, I would watch his "reviews" videos. Initially, it appeared they were honest as his top selections were good, then it just appeared as if he was hawking anyone that came along and offered him good affiliate money. I believe taskid was using them and got paid though,...Ignored
DislikedWhat happened to theproptrading? Are they still around? I remember a while ago they made quite a stir in the prop trading community and then they went quiet. Is anyone using them?Ignored
Disliked{quote} I'm with them since Sep aprox. Got the first payout in mid December, like Funded Trader. It was also paid in crypto, although they use USDT instead of USDC (which is used by MFF and Funded Trader). I paid about 25 USD of gas fee which is fair for the gwei cost when transfer was done. I requested that (in a google form) on a Monday, it was approved same day and paid on Tuesday. The refund of the initial fee was also received on Tuesday. They were pretty quick. Spare notes about The prop Trading: - Credentials are automatic after purchasing...Ignored
DislikedMFF support has really gone to the dogs. Do you guys see this as a major red flag developing regarding their legitimacy/viability? Haven't they had enough time to shore up that aspect of the business?Ignored
Disliked{quote} 2 great posts. Very valuable info. I assume you are already with FTMO and MFF as well, so running 4 firms? Pretty impressive. Good to see they both use stable coin for withdrawal. That does suck about the flat fee in excess of withdrawal with The Funded Trader.Ignored
Disliked{quote} Yes support has been horrible as of late. As far as legitimacy, they just invested in automation, new dashboard, etc, so I think they are long term committed. I truly think they simply grew much faster than anticipated. Funding Talent going out of business I'm sure brought an influx of new customers and they have the best deal on the market, so I'm sure a lot of new customers as well. For now, I attribute it to being understaffed. I also believe, but not certain, that only new customers were on the new system and new dashboard so any one...Ignored
Disliked{quote} I was with FTMO but last Summer I got an email from them with a termination notice. Apparently they didn't like my trading style and terminated based on their T&C (gambling). My main objective with these trading firms is to fund my own trading account and have 100% profits for myself. So, my approach with FTMO, at the time, was to do little trades per day (1 or 2) and one of 2 things happened: 1. As soon as I got about 5% or 6% profit I would stop trading and only took 0.01 lots to complete the minimum 10 trading days. Then waited for the...Ignored
Disliked{quote} Good to know. I trade so ridiculously small never had an issue with either firm. I risk 3% of ALLOWABLE DD per trade, and if I lose 3 in a day, I'm done. This results in about 1.25% loss of EQUITY (25% of what is allowed). Trading this way on live funded accounts allows me to grind out, on average, 1-1.5% of EQUITY weekly. When doing the challenges risk needed to be increased to 5-6% of ALLOWABLE DD. Free retires help and MFF has that free one time extension if you forfeit your unlimited free retries. So really only needed to adjust the...Ignored
DislikedHello! I'm trying to develop a trend-following strategy, and I can't say I'm totally helpless, but still far from being confident. Would you share what approaches/strategies you guys trade, as I think that trading for a prop firm requires better than average skills.Ignored
Disliked{quote}-For what it's worth... I trade US100 only (these days). Purely indicator-driven (and basic market structure and price action). My exposure to market is usually never over 15 minutes and usually under 5, I would say. I trade the same, 1-hour time-block and I never trade outside of this window. I use multiple time-frames; higher time-frames to gauge market direction and lower time-frames for entry/exit. I trade the smallest position sizes possible and stack my trades using multiple entries, but still keep my overall exposure much, much smaller...Ignored
DislikedSo you know the behaviour of your asset at particular time very well.Ignored
Disliked{quote}-It's the same 'idea' being used by Ment and other firms that started popping up around that time; the same firms that are using 8cap. I think it's a new white label program.Ignored
DislikedFunded Trading Plus (FT+) is not a white label. All our programs are our ownIgnored