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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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Prop Firm Hub

Quoting Markula
{quote} that might have been true years ago but the reality is that it takes about 10 years to reach that income for most sectors unless you do something like doctor; I'm not high IQ enough to do that, I'm only good at trading , can't do advanced math, medicine, computers, I've failed all that, this is my calling. If this doesn't work out the most I'm make is 10k a year
Construction workers, plumbers, electricians, sales, teenage YouTubers, etc,etc. Anyone with a skill or some work ethic can make over 100K
"Pride always comes before destruction...." -Proverbs 16:18
Quoting Markula
I knew it would too good to be true to earn a living by trading in the US. in a short while nothing will exist and it will be back to the slow grind to nowhere at a 9 to 5 for most people in this vast parking lot country. there's no point to try to do anything until next year when things might be clearer but the events of this year have already convinced me, you're doomed if u live in the US, and not somewhere else. might as well twiddle my thumbs the rest of the year and watch movies and play video games.
You will stop bitching when you will start making money. Everyone has issues and USA is a county with the issues(fucking liberals may eventually kill America), but USA is still the greatest and strongest country in the world.
Quoting Takisd
{quote} FTMO have this thing where if they deny you, they send you a legal notice not to publicly do anything for threat of law suit. They have the whole risk management rules etc. That being said FTMO are good..
I wonder if we can do the reverse. We present a claim against them and them make it public. We are no disclosing anything about the past relationhich is confidential. We are disclosing a claim we made against that. Not sure if legally would be the same and would breach any kind of confidentiality.
Quoting driven18
{quote} (fucking liberals may eventually kill America), but USA is still the greatest and strongest country in the world.
Yes, they sure will and the worst part is 50% of the people (so they say) can't even see the common sense slapping them in the face every day. They are either so brainwashed by the media or they simply do not want to see it and admit how wrong they are.
Quoting Boulder
{quote} Used hft, passed two firms in one day, Nova and infinite, Nova live account after KYC 3 days, only issue is they pay crypto only, which I have never done before, I may need someone helps here one day; and infinity still has to fulfill those 10 days min trading days.. not sure both firms will pay, I just took a chance on them,,, {image}
you had no trouble with slippage with both of them ? 8cap is “famous” for this..
Quoting Stoneyrocks
{quote} you had no trouble with slippage with both of them ?
Evaluation challenge no issue, you can’t use hft in live/funded due to slippage
Quoting Stoneyrocks
{quote} you had no trouble with slippage with both of them ? 8cap is “famous” for this.. now this is an interesting company used by Nova https://fxclr.com
infinity uses 8 cap, no issue either . In evaluation, i finished challenge two half days , about 8 hours with infinite .
if funded account, they may do something with slippage, but I will manual trade then .
not sure both firms pay or not, I tried them because of HFT allowed in evaluation in their firms
Good news. My €25k payout (with refunds) from Bespoke is approved just right now! I would say Bespoke is legit!
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I can trade again, that is good.
Refunds to credit card was instant! Now tomorrow I should see the payouts on my bank account too.
Quoting TrAndy1
Good news. My €25k payout from Bespoke is approved just right now!
is that for $200k account or higher?
Quoting Boulder
{quote} is that for $200k account or higher?
I have 2 $400k funded accounts with them. So ca. 3% return after split on each account with 2 weeks work.
Quoting TrAndy1
{quote} I have 2 $400k funded accounts with them. So ca. 3% return after split on each account with 2 weeks work.
very good !!!
Thank you. This month so far I got €40k back from trading together with my hedge fund account and the month September is not over. Next payout right after September on October 2nd, Monday in two weeks from now. Then this should be processed faster. I hope I can generate now €40k to €50k in monthly payouts.
Quoting driven18
{quote} You will stop bitching when you will start making money. Everyone has issues and USA is a county with the issues(fucking liberals may eventually kill America), but USA is still the greatest and strongest country in the world.
stop egging me on with such true Scotsman / true American fallacy
Quoting mrdfx
I just ready about this on the FF homepage, has anyone checked them out yet, it looks interesting. I remember PF was trading with Axi, but this looks like a new program they have launched. https://www.axi.com/int/funded-trader-programme
Read here: https://www.forexfactory.com/thread/...7#post14573247

maahome
Quoting Takisd
I have spent enough time in the US to know that money making opportunities are abundant there. But the country itself is really blah. Was never one for the consumerism. But getting a 6 figure job isn't that hard there if you have half a brain. Getting a 6 figure job where I am from is like unicorn tier. You have to be a rocket scientist or better. If you have a good trading system and know how to utilize leverage, there is no reason you can't make money with oanda or forex. com. Yes the trading costs are a bit more but scalping systems are inherently...
The second part of this caught my attention as this is what I did in the beginning days of FXCM in the USA. So, you do see it's possible to repeat the same using the two mentioned brokers? I think things are a bit different with the FX brokers in the USA than they were in the beginning days of FXCM as I think they have honed their skill & tactics they may use against the retail trader. Just my humbled views & nothing more. I always enjoy your post.
Quoting TrAndy1
I think it also has to do with the difficulty to master the Forex trading market. It is more difficult I think compared to Futures or even stocks. Stocks are easiest to master I think. There are many special situations where you can make some money from stocks but with limited amount as they are not that liquid as futures or FX. So with the higher liquidity the competition is also higher I am guessing, so trading EURUSD is one of the most difficult symbols you can trade on. Shorting penny stocks for example on reverse split days is much easier (maybe)...
This is why I avoid Forex. Did some EA history tests on it going back years on most popular currency couples. Forex is a true roller coaster where banks and big institutions just push in flows whenever they want making it sporadic beyond insanity. At first I tried to truly do forex live traded it as well for quite some time, not just history EA tests but gave same results. But then I realized I'm no masochist. Respect to those who do very well with forex but Im staying as far away from it as I possibly can.
Quoting Markula
{quote} that might have been true years ago but the reality is that it takes about 10 years to reach that income for most sectors unless you do something like doctor; I'm not high IQ enough to do that, I'm only good at trading , can't do advanced math, medicine, computers, I've failed all that, this is my calling. If this doesn't work out the most I'm make is 10k a year
I don't think the older generation truly understand what youth in US is going through. So called boomers say youth is lazy while reaping the fine harvest being born in a good time then looking down at the youth. Then the boomers wonder why youth today don't respect them. Im almost boomer too but kinda aware.

That said. For example welders in US now they do earn a lot those who are willing to give their life to that occupation. 100USD per hour I read was kinda common now. Its probably some exception compared to other blue collar jobs there. Its just that many don't want to do that stuff early in life then I guess they become too old to change into that career path.
But to say construction workers etc earn 100K etc in US as someone said here is incorrect. I know of constructions workers in US and what they are paid they are lucky to get to the range of 40k-50k even working overtime in normal states not in California. Bit off topic perhaps. But it just shows one can understand why many look at prop firms now and such.
hi guys

anyone here currently on https://propcapitalus.com/?

Is that really a LIVE funded /Instant (Virtual funds?)?
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