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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

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  • Post #16,041
  • Quote
  • May 25, 2023 10:50am May 25, 2023 10:50am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,456 Posts | Online Now
Quoting failinforex
Disliked
{quote} Amazing logic
Ignored
Someones gotta be te guinea pig
 
1
  • Post #16,042
  • Quote
  • May 25, 2023 12:22pm May 25, 2023 12:22pm
  •  Capablanca
  • Joined Nov 2021 | Status: Member | 1,555 Posts
Quoting LehmanBrotha
Disliked
{quote} I've been working in financial marketing for a couple of years and, if I wanted to construct a prop marketing pitch, I probably couldn't do it this good. One round of applause for True Forex Funds Marketing team!
Ignored
LOLOL

Prop Telegram group is full of this sh* from TFF.

Reviews of TFF are always very well elaborated and lengthily, together with the payout screen (but no payout proof in Deel, bank account or whatsoever).

In dozens of reviews like this, praising how fast the payout is, there isn't a single soul able to comment their retarded payout process of putting the account on hold in payout day and only providing new credentials at the end of the next day, preventing people from trading during 2 business days in each 14 cycle. Not a single soul remembered to mention that. All of them are ultra happy with that obsolete payout process.

I bet this new member will stay with only one message.
 
1
  • Post #16,043
  • Quote
  • May 25, 2023 2:29pm May 25, 2023 2:29pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 3,296 Posts
Quoting pipmaster77
Disliked
{quote} I've stated several times recently. If starting this over TODAY, there are 3-4 firms I'm going with before FTMO.
Ignored
I may have to retract this statement. Other than MFF, of course.
 
2
  • Post #16,044
  • Quote
  • Edited 4:07pm May 25, 2023 3:10pm | Edited 4:07pm
  •  nebby
  • | Joined Nov 2020 | Status: Member | 61 Posts
Quoting pipmaster77
Disliked
{quote} Was just thing the same exact thing. I love everyone's first post explaining how wonderful a particular prop firm is. FTMO is famous for it. Never been here before, participated in the discusion, asked for advice/experience. Nope, just spun the wheel, it landed on TFF and he has an amazing experience. Yep, likely story.
Ignored
Since you have a TFF account, do you know if the payouts page is genuine (have you ever checked if your account shows up there) ?
Your worst drawdown is yet to come
 
 
  • Post #16,045
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  • May 25, 2023 3:11pm May 25, 2023 3:11pm
  •  Nsak3y
  • Joined May 2020 | Status: Classified | 1,632 Posts
Quoting pipmaster77
Disliked
Was just thing the same exact thing.
Ignored
-TFF just had another post in their thread with some new member singing their praises, seemingly out of nowhere. I remember how committed the founder was when bad PR first struck his firm.

Like, sorry, but if traders know that you are not going to have their backs when your feed freezes for several hours, then they are just going to stop giving you their money. It's simple. No amount of PR recovery is going to fix that hole.
 
 
  • Post #16,046
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  • May 25, 2023 3:37pm May 25, 2023 3:37pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 3,296 Posts
Quoting nebby
Disliked
{quote} Since you have a TFF account, do you know if the payouts leaderboard is genuine (have you ever checked if your account shows up there) ?
Ignored
Never checked. However, with the sizes I trade, I'm 100% positive I've never been on the leaderboard
 
1
  • Post #16,047
  • Quote
  • May 25, 2023 4:00pm May 25, 2023 4:00pm
  •  sampat
  • | Joined May 2012 | Status: Member | 459 Posts
Quoting pipmaster77
Disliked
{quote} Never checked. However, with the sizes I trade, I'm 100% positive I've never been on the leaderboard
Ignored
It is not leaderboard, it is all payouts made by TFF.
 
 
  • Post #16,048
  • Quote
  • May 25, 2023 4:00pm May 25, 2023 4:00pm
  •  sampat
  • | Joined May 2012 | Status: Member | 459 Posts
Inserted Video
 
1
  • Post #16,049
  • Quote
  • May 25, 2023 4:05pm May 25, 2023 4:05pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,456 Posts | Online Now
Quoting sampat
Disliked
https://www.youtube.com/watch?v=C1x9iQnVrFo
Ignored

lololololol but is ego is not worth anything
 
 
  • Post #16,050
  • Quote
  • May 25, 2023 4:07pm May 25, 2023 4:07pm
  •  nebby
  • | Joined Nov 2020 | Status: Member | 61 Posts
Quoting sampat
Disliked
{quote} It is not leaderboard, it is all payouts made by TFF.
Ignored
My bad - corrected.
Your worst drawdown is yet to come
 
 
  • Post #16,051
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  • May 25, 2023 4:17pm May 25, 2023 4:17pm
  •  Capablanca
  • Joined Nov 2021 | Status: Member | 1,555 Posts
Quoting Nsak3y
Disliked
{quote}-TFF just had another post in their thread with some new member singing their praises, seemingly out of nowhere. I remember how committed the founder was when bad PR first struck his firm. Like, sorry, but if traders know that you are not going to have their backs when your feed freezes for several hours, then they are just going to stop giving you their money. It's simple. No amount of PR recovery is going to fix that hole.
Ignored
I just went there and left a message. They should not be allowed to come here and freely spread BS. If they want to come here and start communicating and addressing problems, that's fine. But coming here spamming false things, they will have hard time.
 
2
  • Post #16,052
  • Quote
  • May 25, 2023 5:27pm May 25, 2023 5:27pm
  •  Eren10
  • Joined Aug 2010 | Status: Member | 1,039 Posts
Here is the proof of large spread. High of the candle is 32792.85. The order is executed at 32797.74
Attached Image (click to enlarge)
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Name: largeSpread.jpg
Size: 57 KB
 
 
  • Post #16,053
  • Quote
  • May 25, 2023 5:39pm May 25, 2023 5:39pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,578 Posts | Online Now
Quoting Eren10
Disliked
Here is the proof of large spread. High of the candle is 32792.85. The order is executed at 32797.74 {image}
Ignored
What broker?
Trade with confidence, trade without fear.
 
 
  • Post #16,054
  • Quote
  • May 25, 2023 5:47pm May 25, 2023 5:47pm
  •  Eren10
  • Joined Aug 2010 | Status: Member | 1,039 Posts
Quoting Cryptosurf
Disliked
{quote} What broker?
Ignored

MyFundedFX evaluation account, broker eightcap.
 
 
  • Post #16,055
  • Quote
  • May 25, 2023 6:03pm May 25, 2023 6:03pm
  •  Erebus
  • Joined Jul 2011 | Status: Member | 7,290 Posts | Online Now
I'm going straight to H3LL



Attached Image (click to enlarge)
Click to Enlarge

Name: 2023-05-26_7-48-52.jpg
Size: 103 KB
Don't believe everything that you THINK
BuyDips,SellRips Return This Week: na
 
1
  • Post #16,056
  • Quote
  • May 25, 2023 6:05pm May 25, 2023 6:05pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 3,296 Posts
Quoting sampat
Disliked
{quote} It is not leaderboard, it is all payouts made by TFF.
Ignored
Oh yeah, I have payouts. I'll check in a minute.
 
 
  • Post #16,057
  • Quote
  • May 25, 2023 6:49pm May 25, 2023 6:49pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,578 Posts | Online Now
Quoting Eren10
Disliked
{quote} MyFundedFX evaluation account, broker eightcap.
Ignored
That might explain it. I never liked 8cap when tried it on TFT. I use a copier with MFF as master, FTMO as slave. They are nearly always in sync with execution and P&L. Mostly DOW and NQ occasionally. TFT w/8cap was always unreliable. TFT always made less, and some days by a lot. There were days where I closed over 1k in profit on FTMO and MFF and yet TFT closed it at a loss. Even when I had TFF, they were in sync very close to the others.

8cap is garbage.
Trade with confidence, trade without fear.
 
1
  • Post #16,058
  • Quote
  • May 25, 2023 7:13pm May 25, 2023 7:13pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,456 Posts | Online Now
The most fun thing about the 8 cap props is that its not 8cap.... 8cap are giving the props the tools to do this.

If you trade on the same 8cap server but with your own brokerage account, it wont be even close to the same ...As awful as 8cap is as a company, these trading conditions rest purely on the prop firms using them.

Lots of folks talking about myfundedfx, with them their server has execution delay to increase slippage. TFT just as auto slippage. Fundednext as timeouts.

Magical.
 
3
  • Post #16,059
  • Quote
  • May 25, 2023 7:39pm May 25, 2023 7:39pm
  •  Cryptosurf
  • Joined Feb 2015 | Status: Member | 1,578 Posts | Online Now
Quoting Takisd
Disliked
The most fun thing about the 8 cap props is that its not 8cap.... 8cap are giving the props the tools to do this. If you trade on the same 8cap server but with your own brokerage account, it wont be even close to the same ...As awful as 8cap is as a company, these trading conditions rest purely on the prop firms using them. Lots of folks talking about myfundedfx, with them their server has execution delay to increase slippage. TFT just as auto slippage. Fundednext as timeouts. Magical.
Ignored
JFC, that does explain a lot.
Trade with confidence, trade without fear.
 
1
  • Post #16,060
  • Quote
  • Edited 10:32pm May 25, 2023 10:15pm | Edited 10:32pm
  •  Nsak3y
  • Joined May 2020 | Status: Classified | 1,632 Posts
Quoting Capablanca
Disliked
I just went there and left a message. They should not be allowed to come here and freely spread BS. If they want to come here and start communicating and addressing problems, that's fine. But coming here spamming false things, they will have hard time.
Ignored
-I fully agree. I added a comment as well. I think, if people do not speak up, then TFF (and others) will think that they can keep getting away with questionable practices and that nothing will ever change.

As traders, we do actually have significant leverage, but that leverage only matters if we collectively agree to use it, which is easier said than done, probably.
 
 
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