Prop Firm Hub | Page 605 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #12,081
  • Nov 2, 2022 11:47am Nov 2, 2022 11:47am
Quoting Filipo1
{quote} TFTP , so far the best experience.

worst of those for me so far.
  • #12,082
  • Nov 2, 2022 11:48am Nov 2, 2022 11:48am
Quoting pipmaster77
{quote} I don't believe anyone on this thread uses them. I appreciate all of the time and effort you are putting into this, however, would it have accomplished the same thing if you just came on here and said....... "Attention: Those of you earning money with prop firms, who do you recommend?" It looks like all of your work is simply going to yield the same result. With that being said, I have bookmarked your sheet, it is definitely an all-inclusive resource for reference.
yes it is correct what you said

I need now of the good list of prop firm, the list of the ones have the problem with the absolute margin / relative margin, in a way you don't like it.

So in few words what I remember fast is the TFP has some problem in some of their program master-experienced-advanced

So TFP both 3 programs have the "relative drawdown".

Then, TFP, like others, lock the total drawdown to the Initial Balance as you make a good profit.

However TFP create an issue when you scale up x2 your account you have to use your profits to keep a buffer for the loss.
Other programs, when they scale you, they give IB-%totaldrawdown as limit.

Then we have some program where the total drawdown get locked to IB while others decide to risk more and give you the total drawdown always to IB-%TotalDrawdown.

So in few words I need a list of the most problematic programs, of the good one you like, use or know like safe programs, where I can study this rules to classify them and check easily in my sheet to remember where I can get a risk of a drawdown calculation could hurt my strategy or needs in the management of my account.
in holiday till end of November
  • #12,083
  • Nov 2, 2022 11:56am Nov 2, 2022 11:56am
I missed in the TFT royal something in the formula, now is up again above E8 and this confirm what you said that Royal was one of the top of them.

Of course the top position with the lower Targets of 8%, high total drawdown, and highest payout in the first payout.

I continue to check my formulas to see if I missed some filter, but should be every day better and better.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2022-11-02 at 17.54.45.png Size: 69 KB
in holiday till end of November
  • #12,084
  • Nov 2, 2022 12:04pm Nov 2, 2022 12:04pm
Someone's heard something..
Attached Image (click to enlarge)
Click to Enlarge Name: 000_FgkD_FuWAAUODxG_.jpg Size: 19 KB
  • #12,085
  • Nov 2, 2022 12:19pm Nov 2, 2022 12:19pm
TFT sucks on payments.
Old accounts have 3 business days for payout. And during that period account is inactive, so we can't trade.
New funded accounts seem to be 2 business days. Anyway it's still too much for an "improvement".
TFF is a little better but not much better than those 2 days.

There's no reason why firms can't deduct the payout from the account and let trader go on trading, while they process the payout and check what they have to check.
This is clearly intentional.
MFF is good on that and other smaller firms should be at least as good as MFF which is the leader. On the contrary, they chose to be worse.
  • #12,086
  • Nov 2, 2022 1:25pm Nov 2, 2022 1:25pm
Quoting Capablanca
TFT sucks on payments. Old accounts have 3 business days for payout. And during that period account is inactive, so we can't trade. New funded accounts seem to be 2 business days. Anyway it's still too much for an "improvement". TFF is a little better but not much better than those 2 days. There's no reason why firms can't deduct the payout from the account and let trader go on trading, while they process the payout and check what they have to check. This is clearly intentional. MFF is good on that and other smaller firms should be at least...
When someone is getting a payout they clearly are on a winning streak. It is in the interest of props to break momentum: once the trader resumes it is very likely that they won't get lucky again, so this is another filter used by props to create as many failures as possible. Profitable traders however are best advised to have multiple accounts in rotation to counteract this and several other risks.
  • #12,087
  • Nov 2, 2022 1:28pm Nov 2, 2022 1:28pm
TFT ban a lot of traders, thats why there is a delay the find a reason. The persons banned come into discord, then quickly disappear without a trace (they ban them from there).

There is alot of behavior i dont like from TFT but i still have an account there that i barely trade.
  • #12,088
  • Nov 2, 2022 1:45pm Nov 2, 2022 1:45pm
Quoting muir
{quote} When someone is getting a payout they clearly are on a winning streak. It is in the interest of props to break momentum: once the trader resumes it is very likely that they won't get lucky again, so this is another filter used by props to create as many failures as possible. Profitable traders however are best advised to have multiple accounts in rotation to counteract this and several other risks.
But aren't they making money when we do through copy trading? You wold think they'd want profitable traders up and running again as QUICKLY as possible.
Another clear and obvious fact they aren't
Once again, MFF is and that is why you continue trading much quicker with them. The VIP program pays you in 20 minutes DAILY if you wish and virtually no down time.
Great point regarding multiple accounts, it is why I choose to take on 3 more before maxing the first two.
  • #12,089
  • Nov 2, 2022 1:48pm Nov 2, 2022 1:48pm
Quoting Takisd
TFT ban a lot of traders, thats why there is a delay the find a reason. The persons banned come into discord, then quickly disappear without a trace (they ban them from there). There is alot of behavior i dont like from TFT but i still have an account there that i barely trade.
Banning for legit reasons or just to avoid payout?
  • #12,090
  • Nov 2, 2022 1:49pm Nov 2, 2022 1:49pm
Quoting Takisd
TFT ban a lot of traders, thats why there is a delay the find a reason. The persons banned come into discord, then quickly disappear without a trace (they ban them from there). There is alot of behavior i dont like from TFT but i still have an account there that i barely trade.
Do you know what reasons do they use to ban traders ? It's good to know.
  • #12,091
  • Nov 2, 2022 1:54pm Nov 2, 2022 1:54pm
Quoting pipmaster77
{quote} But aren't they making money when we do through copy trading? You wold think they'd want profitable traders up and running again as QUICKLY as possible. Another clear and obvious fact they aren't Once again, MFF is and that is why you continue trading much quicker with them. The VIP program pays you in 20 minutes DAILY if you wish and virtually no down time. Great point regarding multiple accounts, it is why I choose to take on 3 more before maxing the first two.
That may be true only for VIP traders, rest MFF is having 30 days delay for first payment for same reason
  • #12,092
  • Nov 2, 2022 1:57pm Nov 2, 2022 1:57pm
Quoting Takisd
TFT ban a lot of traders, thats why there is a delay the find a reason. The persons banned come into discord, then quickly disappear without a trace (they ban them from there). There is alot of behavior i dont like from TFT but i still have an account there that i barely trade.
Which is the reason to ban them?

can you explain better which is the case or the cases?


Great volatility today! anyone made quickly 10K or 50K ?
in holiday till end of November
  • #12,093
  • Nov 2, 2022 2:01pm Nov 2, 2022 2:01pm
Quoting pipmaster77
{quote} But aren't they making money when we do through copy trading? You wold think they'd want profitable traders up and running again as QUICKLY as possible. Another clear and obvious fact they aren't Once again, MFF is and that is why you continue trading much quicker with them. The VIP program pays you in 20 minutes DAILY if you wish and virtually no down time. Great point regarding multiple accounts, it is why I choose to take on 3 more before maxing the first two.
In addition to my safe .5% risk per trade accounts, I also keep 1 200K 3-4% high risk account. I can usually get 25-60% out of that account in a month when it doesn't blow up lol (25-30% of the time). To be on the safe side and stay below radar... I rotate that account through the various props before I double back around.
  • #12,094
  • Nov 2, 2022 2:31pm Nov 2, 2022 2:31pm
Quoting forexbali
{quote} Which is the reason to ban them? can you explain better which is the case or the cases? Great volatility today! anyone made quickly 10K or 50K ?
I faded the US30 spike to one of my daily pivot levels, rode back down for 300 points. Clearly should have held longer for the 900 points
.
  • #12,095
  • Nov 2, 2022 2:34pm Nov 2, 2022 2:34pm
Quoting CableJ
{quote} In addition to my safe .5% risk per trade accounts, I also keep 1 200K 3-4% high risk account. I can usually get 25-60% out of that account in a month when it doesn't blow up lol (25-30% of the time). To be on the safe side and stay below radar... I rotate that account through the various props before I double back around.
how to be out of radar? can you explain better? make examples
in holiday till end of November
  • #12,096
  • Nov 2, 2022 2:35pm Nov 2, 2022 2:35pm
Quoting pipmaster77
{quote} I faded the US30 spike to one of my daily pivot levels, rode back down for 300 points. Clearly should have held longer for the 900 points .
short of indexes was easy, but the dollar down and than up, big trouble
in holiday till end of November
  • #12,097
  • Nov 2, 2022 3:11pm Nov 2, 2022 3:11pm
Quoting forexbali
{quote} Which is the reason to ban them? can you explain better which is the case or the cases? Great volatility today! anyone made quickly 10K or 50K ?

"didnt fill on our liquidity" shit like that. Normally nonsense. TFF have started doing that too, and a bit of excessive slippage at random times.
  • #12,098
  • Nov 2, 2022 3:11pm Nov 2, 2022 3:11pm
Has anyone here ever received a payment from a prop firm?
If so, could you give me some tips?
Attached Image (click to enlarge)
Click to Enlarge Name: download (4).jpg Size: 19 KB
  • #12,099
  • Nov 2, 2022 3:15pm Nov 2, 2022 3:15pm
Quoting Takisd
{quote} "didnt fill on our liquidity" shit like that. Normally nonsense. TFF have started doing that too, and a bit of excessive slippage at random times.
how to be out of radar so? better small profit per month, more prop accounts? like better to do:

MFF 300K account: 5000$ per month
TFT 400K account: 6500$ per month
TFF 200K account: 5000$ per month
etc etc

than to make 40K in one month on TFT? or others...?
in holiday till end of November
  • #12,100
  • Nov 2, 2022 3:27pm Nov 2, 2022 3:27pm
Quoting forexbali
{quote} how to be out of radar so? better small profit per month, more prop accounts? like better to do: MFF 300K account: 5000$ per month TFT 400K account: 6500$ per month TFF 200K account: 5000$ per month etc etc than to make 40K in one month on TFT? or others...?

From FTMO i have taken like 850k and from MFF over 1m. So you can do what you want with them.

The others 10k is probably good. I have like 40k from TFT so i guess im under radar TFF i am due nxt week now that i am moving positive there again but lets see. TFF i have seen most of the complaints for over 40k for TFT is like random. Sometimes they cancel a certain amount of trades and pay out less.
33 traders viewing now