Prop Firm Hub

Alpha Capital said to me ! No Professionells who works with LMAX or ICMarkets Feeds. He have other Prices !

Puh this is to much for EURUSD and me ! Look to the Prices on all Desks to the World, The Prices Glitches.

This is a B-Book Modell.

I trade to make money. 4 hours 4 days a week.
No time for such unfair practices.

I am a swing Daytrader.

Can you tell us what actually happend between you and Alpha Capital.

which Prop funds allow trade copier ? I would like to copy my trades(using trade copier) from one prop fund account to another account in the same prop fund or another .

Eightcap slippage is a joke.. still on a demo account and I have regular slippage of 1 to 2 pips on half a contract on Majors...

Not a good indication for live scalping conditions... daylight robbery going on here..

gutstofail.online allows copying trades to your account with them and between your several accounts with them from your master account no matter where it is

All the top ones do (FTMO, MFF, TFF, E8, TFT Royal account) though they limit it to the own accounts only (you cannot copy someone else's trades)
For the other ones you can take a look here https://forexpropreviews.com/which-p...trade-copiers/

Thanks . I spoke to MFF and they said the same . I was under the impression they dont allow at all ..

I think the slippage is somehow a parameter that the prop can define with the Eightcap and varies depending on the Prop firm and the phase.

I trade in several Eightcaps and slippage is not the same in all of them. I'm almost sure that this is defined by each prop.

Interesting... the variation appears to be completely random using pending orders with small lots (excluding news). Maybe it's a "simulation" of live market conditions...

They do. But be prepared for your accounts may be investigated from time to time as many scammers hide their activities behind copy tools. That's why prop firms don't like their usage

ANY EXPERIENCE WITH takeprofittrader?
-----------------------------
150K YOU PASS AFTER 10 DAYS PLUS 9K PROFITS
BUT I YOU MAKE OVER 50% O TOTAL PROFITS IN ONE DAY THEY DO NOT PASS YOU.

What do you think about that rule?
----------------------------
my real case
--------------------
Arthur
Today
HI
Wed, 08:30


Arthur
what is the email on your account?
Wed, 08:32
xxx
Wed, 08:33
A
Arthur
From what I see you only have traded for 2 days
Wed, 08:36
yes
Wed, 08:37
A
Arthur
You need to trade for 10 to pass the test
Wed, 08:37
ok
Wed, 08:39
what is the minimun account daily balance to avoid violation?
Wed, 08:39
150k account
Wed, 08:39
A
Arthur
You mean the amount you can loose on one day?
Wed, 08:40
yes
Wed, 08:40
A
Arthur
daily loss on 150k is 3300
Wed, 08:41
so now opening 001. lot and closing it in 1 minute or 8 more day to pass?
Wed, 08:42
A
Arthur
Yes, but you also need to keep in mind consistency rule
Wed, 08:42
what that mean?
Wed, 08:43
A
Arthur
https://takeprofittrader.crunch.help...-be-consistent
Wed, 08:43
Percentage of Profits
Anybody can get lucky. In order to combat our trading test to be treated like a lottery ticket, we ask that one trading day doesn't exceed more than 50% of your total profits. This one is pretty simple to follow. See formula below:

Your highest profit day / Total profit = Consistency percentage
Wed, 08:46
to mamy stupid rules
Wed, 08:46
the day is 24 hours
Wed, 08:46
a full time trader can make over 50% in one day
Wed, 08:47
why to kill a trader for making money?
Wed, 08:47
A
Arthur
This is just for the test
Wed, 08:47
yes i make 9 k in 2 day
Wed, 08:48
check if the 50 % rule will kill my test
Wed, 08:48
A
Arthur
That just means you have to make a bigger total profit
Wed, 08:49
Percentage of Profits
Anybody can get lucky. In order to combat our trading test to be treated like a lottery ticket, we ask that one trading day doesn't exceed more than 50% of your total profits. This one is pretty simple to follow. See formula below:

Your highest profit day / Total profit = Consistency percentage
Wed, 08:49
did my total profit exceeded 50 %?
Wed, 08:50
Anybody can get lucky.? i you are trend follower ride a big move and make all 100 profits in one day,but you call that lucky ?
Wed, 08:57
Trend Days have been happening about 16% of the time while the Neutral Days (Both Neutral and Neutral Extreme) account for 25% of the days. This
Wed, 08:57
A
Arthur
From what I see you have 4.2k profit on one day and 5675 on the second day
Wed, 08:58
A
Arthur
This means that in order to follow consistency rule your total profit would have to be more than 11350
Wed, 08:59
you see trend are only 16% o the time ,so you waited or the trend but your rule are so telling that i have not passed
Wed, 08:59
so today y make 3 k more that what you ask?
Wed, 09:00
this is a very bad pro firm
Wed, 09:00
i wish i never paid for the test
Wed, 09:01
A
Arthur
I'm sorry but all of these rules are on the knowledge base for everyone to see
Wed, 09:02
yes i know
Wed, 09:03
A
Arthur
It is the responsibility of the trader to know them
Wed, 09:03
but they are stupid rules
Wed, 09:03
the market is sideway most o the time, so when the market trend you enter and reach the target profit , but the rule there you that is not valid
Wed, 09:04
A
Arthur
I understand your frustration, but this rule is in place to protect the capital of the company by making sure that our traders are consistent
Wed, 09:06
is the market consistend?so the trader only make money when the market move in one direction if your style is trend following, how that protect your capital?
Wed, 09:08
ib hope the a$$hole owner chage that rule
Wed, 09:08
A
Arthur
I will pass your feedback onto management
Wed, 09:09
A
Arthur
Is there anything else I can do for you today?
Wed, 09:09
i trade for other firm, and only your company have this rule, you will not get any good trader to grow as a company
Wed, 09:10
so i have to stop trading for todayy to avoid keeping making money and you asking me to make more profits for new target to reach consisten?
Wed, 09:11
A
Arthur
I will let our management know about this
Wed, 09:11
i mean i i keep trading
Wed, 09:12
i make more money
Wed, 09:12
A
Arthur
On the PRO account there is no rule about consistency, you can make 10k in one day
Wed, 09:12
you will ask me to make extra money to reach or show consistent?
Wed, 09:12
A
Arthur
You have 2 options, either you make more total profit, or you make your profit for today smaller so it is easier to reach the goal
Wed, 09:14
thow o get to the pro ? with all those trap to make me lose
Wed, 09:14
A
Arthur
By reaching the profit target and trading for 10 days
Wed, 09:15
it sound that your company make money with the fees charged instead of traders passing
Wed, 09:15
A
Arthur
That's not the case
Wed, 09:16
By reaching the profit target and trading for 10 days? what is the priit target or 150k account?
Wed, 09:16
9k right?
Wed, 09:17
i made 9 k allready and now you are teliing to make over 3 k more
Wed, 09:17
A
Arthur
No you need to make total profit of 11350 that is less than 2k more
Wed, 09:18
i have to make 9k to reach profit target yes or not?
Wed, 09:19
A
Arthur
Yes, but you also have to follow the consistency rule
Wed, 09:20
A
Arthur
And in your case since your best trading day is 5675 you need to have a total profit of 11351 to pass the test
Wed, 09:21
sir consistency rule is not need it. the trader pass made 9k proit target that is what count
Wed, 09:22
bye
Wed, 09:22
A
Arthur
No, you still need to follow the consistency rule.
Wed, 09:24
A
Arthur
Have a great day!
Wed, 09:24
so i make 2 k more today what will be next?to ask me to make3 k more?
Wed, 09:25
A
Arthur
Not today. Since your profit for today is already 5675, if you get a bigger profit it will be even harder.
Wed, 09:27
A
Arthur
You need to make 2k by the end of the 10 days
Wed, 09:27
thank, that is crazy to make it harder just for caching a big trend that lasted until you make over 50% o total proifts in one day/ the market range more of the time, so that is crazy
Wed, 09:35
you follow the turtle rule you enter 20 bars high or low the market goes your way then you need to close your trade to avoid making over 50% and show consistency?
Wed, 09:37
the markett go to range and you lost a lot false bo
Wed, 09:37
until the next big move come back?
Wed, 09:38
A
Arthur
In the test yes, it is better to close
Wed, 09:38
but why?
Wed, 09:38
A
Arthur
On the PRO account you make as much profit as you can
Wed, 09:38
that show not consistency with your trading rules
Wed, 09:38
A
Arthur
Because those are rules that the directors made, I have no control over that
Wed, 09:38
bye im teaching your company for free
Wed, 09:39
do it as you wish
Wed, 09:39
i know you are making money just as am empluees
Wed, 09:39
bbye
Wed, 09:39
A
Arthur
Ok, Bye have a good day
Wed, 09:40
i hope the directots cleand the fecal matter
Wed, 09:41
out of their head

-In my opinion, requiring traders to show some consistency during the challenge phases is reasonable. It serves as a filter to prevent gambling and also ensures that they are on-boarding good traders, and not lucky traders. Whether or not a firm is actually interested in attracting good traders is another matter.

In this case, they are only asking that one trading day does not exceed 50% of your total profits. This is very reasonable in my opinion. Some firms have tighter requirements.

With that being said, this can adversely impact swing traders, so any firm imposing such rules should also probably have options for longer phases (or extensions) if they want to accommodate a wider range of traders.

If you are a consistently-profitable trader, then such requirements should not be a problem; just break up your trades accordingly. Always best to familiarize yourself with the rules, terms and conditions etc. before trading with any firm.

If they are TRULY looking for good traders.......the requirement to FLIP AN ACCOUNT in 30 days wouldn't exist. Period. I am speaking of ALL of them.

You know I am pro prop, I am funded with 4 of them, but the hypocrisy of what they ask for in challenge vs. how they expect you to trade once funded clearly exposes their actual business model.

Once again, funded with 4, all risk based on DD available, I never have issues with violations, payouts, etc. This is simply because I never come within 20% of daily DD or 10% of overall. If they were actually looking for traders and actually putting orders to market, I am their ideal trader.

It is what it is. I use them for what I need and they fit the bill perfectly.....goal is 2 mil with 10-12% DD, it is exactly the same as trading a personal 220K-230K with 100% DD. Overall cost under 4K by simply reinvesting profits into new challenges. Overall cost has been refunded long ago. Sure beats the hell out of trying to grind a 4K account to 220-230K.

-I think that this goes without saying. But rules are also rules. If a firm has rules that you do not agree with, then do not trade with them. Simply put. But I do not think that anyone here is naive to think that these firms are actually looking for good traders. Maybe some are, to a point, but the majority definitely are not. And you know that we, as traders, accept this trade-off so that we can procure funding faster.

-Yes. But this matter is not about that. This is the same as having to trade a minimum number of days on a challenge phase. Such basic consistency rules are reasonable, in my opinion, and actually make sense, whether or not a firm is looking for good traders or looking to increase their failure rates. Either way, it is a non-issue if you are a decent trader.

Absolutely. I accept the trade-off. As I mentioned, prop firms filled a need for me 100%. I'm sure they have for many others as well.
My points are simply:
1. If you are required to flip an account in 30 days, you must really max out your winners and in doing so, there WILL be inconsistency between days, what is the difference what day did what profit? If my system generated big profit the first day or two and I have met the profit objective, why should I not be allowed to trade differently to mee the other requirement of"minimum trading days"
2. Based on point 1, why should the trading change in funded? Why wouldn't one trade the same as in challenge? I mean if you just flipped an account in 30 days, clearly you'd want to continue trading this way.
You are absolutely correct, if you don't like the rules, don't use that firm. There are numerous firms I will not trade with as I see no value in their model.
There is just no transparency. Obviously, the intelligent among us know it is a game designed for you to lose. However, if you can pass, it is life changing income that you would not have otherwise been able to generate. Of course, it is wishful thinking for it to be presented as such, as they would have no customers.......and no way to pay us.

-I try to think about this objectively, from both perspectives. If a trader is generating the bulk of their profit in one or two trades, then it would be difficult to gauge whether or not the trader actually knew what they were doing, or was just getting lucky; there just may not be enough data available to make a proper judgment. The purpose of the challenge phases starts to become muddled if traders are able to treat it like a lottery.

If a firm is actually legit, then this should matter to them, because they should want good traders and not gamblers. If they are just running a ponzi scheme, however, then it should also matter to them because it will probably increase turnover rates. Regardless of which is true, as traders that earn income from these firms, we should want the firm to be able to survive for the long-term. So then it comes down to trader preference and whether or not the rules and terms are agreeable.

If we accept the hypocrisy and nonsensical nature of these firms, then we must also accept that there might be some questionable concessions. We must also accept the truth regarding where the profit is actually coming from, and that without that profit, these firms would not be able to continue operating as they are and continue paying out to good traders. It does not mean that we should accept all of the traps and schemes that they might try to use in order to trip up traders, but that is where the benefit of choice comes into play.

Hello,

I have been using duplikium as usual to manage my trades. Master account is a FTMO Funded account. I have several accounts connected, without problems.
Then I spoke with Alexander from Alpha Capital and told him what I was doing and that I was managing my trades with duplikium. He said that this is not a problem.

After that I placed my trades.
There were 3 swing trades, fortunately all bought and sold on the dip.
The MT5 platform had different prices and rejected orders etc.
I then closed them out by hand directly in the platform.
Then the disaster began, I was treated badly like a bank robber.
I would do tickscalping, and arbitrage trading.

16 min the shortest trade !

Then I reported it in the Dischord channel, and there it just went on.....
Then I tried to log into the dashboard, locked.
Asked Dischord the question if the site is offline. Then whoops, locked out.

My other accounts work like clockwork, 80ms - 200ms copies the trade.
FTMO years not even platform cTrader is frozen, not one order was rejected. And also the exactness of the slave orders !

This is what I call professionalism.

Yes, I just believe that the firm asking for consistency and stop losses and %risk per instrument, etc. SHOULD NOT be the same firm asking for the flip in 30 days.
Personally, I prefer the flip the account in 30-45 model. Simply due to the fact that the end result provides WAY BETTER VALUE than any other model.
I mean, we all go in assuming we are going to pass, so go for the best bang for your $$$$ and clear and concise rules. By this point, I believe we all know who these firms are without mentioning.

-Maybe. But a firm that does not require traders to place more than one trade (or trade more than one day) in order to pass their challenges, could potentially expose themselves to greater risk (and less profit), and with that, could eventually have to cease operations.

"Let your profits run" is an expression that encourages traders to resist the tendency to sell profitable positions too early. The flipside of letting profits run is to cut losses early.

I go by that concept of "Let your profits run" so why is a pro firm asking traders to exit a trade that is going your way ,