Disliked{quote} Don't waste your mental capacity on that. It will change tomorrow anywaysIgnored
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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
Disliked{quote} Don't waste your mental capacity on that. It will change tomorrow anywaysIgnored
Disliked{quote} Yeah, man. Avoid TFT like the plague. I did get my payout of $34, but they sent it without the refund and the live chat doesn't even respond. And it's strange that they don't pay people first-in-first-out. Some have been waiting since September 1-9. I requested mine on the 15th. Furthermore they only let people request via crypto, if Wise doesn't support their country/Wise closes their account... and most of the crypto requests apparently get denied. Like wtf is the problem??? Stinks from all sides.Ignored
Disliked{quote} I just got it confirmed by the CFO. That DCA is allowed with Bespoke NOW. Martingale and Grid is still not allowed. So do not add same (or higher) positon size in same direction with same symbol while being in floating loss. Scaling out with too many limit orders (more than 2) is also not welcomed because of no Grid trading. That is all.Ignored
Disliked{quote} For 5-figure payouts I am listening and have no problems with my mental capacityIgnored
Disliked{quote} This is precisely the inconsistency I am talking about. It doesn't match what their CEO said yesterday, or what he will say tomorrow. DCA is NOT allowed because they gave it a new special term called "smooth martingale" on their website. When asked what smooth martingale is, the reply is the same definition as DCA from days before, as seen in the screenshots I provided. So they don't allow DCA now, they just switched labels around because they were catching so much grief for it. If you only ever place 1 trade per symbol, you will never have...Ignored
Disliked{quote} This is precisely the inconsistency I am talking about. It doesn't match what their CEO said yesterday, or what he will say tomorrow. DCA is NOT allowed because they gave it a new special term called "smooth martingale" on their website. When asked what smooth martingale is, the reply is the same definition as DCA from days before, as seen in the screenshots I provided. So they don't allow DCA now, they just switched labels around because they were catching so much grief for it. If you only ever place 1 trade per symbol, you will never have...Ignored
Disliked{quote} Sorry that you do not understand so far. Let me clarify for you. The mods and CFO stating DCA is allowed, which is Factor < 1.00. Adding with Factor = 1.00 and >1.00 is called (soft) martingale and not allowed from the THIRD position on. So on any two positions per symbol you can do whatever you want. Again this is only a soft breach when not respected. So no hard breach or violation. Hope this helps.Ignored
Disliked{quote} Bespoke doesn't know the difference between Martingale, grid, and DCA. They keep confusing the terms, removing some, adding some, inventing their own definitions, and then saying they removed DCA and confirming my trading style will now work with them, but then days later introducing new terms like "soft martingale" with the exact same definition that they just confirmed they had removed. Too inconsistent for me. Screenshots for clarification: {image} {image} {image} {image}Ignored
Disliked{quote} Sorry that you do not understand so far. Let me clarify for you. The mods and CFO stating DCA is allowed, which is Factor < 1.00. Adding with Factor = 1.00 and >1.00 is called (soft) martingale and not allowed from the THIRD position on. So on any two positions per symbol you can do whatever you want. Again this is only a soft breach when not respected. So no hard breach or violation. Hope this helps.Ignored
Disliked{quote} I just got it confirmed by the CFO. That DCA is allowed with Bespoke NOW. Martingale and Grid is still not allowed. So do not add same (or higher) positon size in same direction with same symbol while being in floating loss. Scaling out with too many limit orders (more than 2) is also not welcomed because of no Grid trading. That is all.Ignored
Disliked{quote} Yeah, man. Avoid TFT like the plague. I did get my payout of $34, but they sent it without the refund and the live chat doesn't even respond. And it's strange that they don't pay people first-in-first-out. Some have been waiting since September 1-9. I requested mine on the 15th. Furthermore they only let people request via crypto, if Wise doesn't support their country/Wise closes their account... and most of the crypto requests apparently get denied. Like wtf is the problem??? Stinks from all sides.Ignored
Disliked{quote} Sorry that you do not understand so far. Let me clarify for you. The mods and CFO stating DCA is allowed, which is Factor < 1.00. Adding with Factor = 1.00 and >1.00 is called (soft) martingale and not allowed from the THIRD position on. So on any two positions per symbol you can do whatever you want. Again this is only a soft breach when not respected. So no hard breach or violation. Hope this helps.Ignored
Disliked{quote} Yeah, man. Avoid TFT like the plague. I did get my payout of $34, but they sent it without the refund and the live chat doesn't even respond. And it's strange that they don't pay people first-in-first-out. Some have been waiting since September 1-9. I requested mine on the 15th. Furthermore they only let people request via crypto, if Wise doesn't support their country/Wise closes their account... and most of the crypto requests apparently get denied. Like wtf is the problem??? Stinks from all sides.Ignored
Disliked{quote} Traders need to read the rules and understand it before they purchase the account. A lot complaints came from traders not following the rules. I have to follow the rules in two new firms that I just passed using HFT, for example, Nova has lot size and profit consistency rules of 33% , no allow any one of profit is 33% total, also no grid trading ( two positions are fine, not 3) no martingale, no weekend holding. You want to get paid, you got to follow the rules If you dont want to follow those rules, you should trade the firms that you are...Ignored
Disliked{quote} Traders need to read the rules and understand it before they purchase the account. A lot complaints came from traders not following the rules. I have to follow the rules in two new firms that I just passed using HFT, for example, Nova has lot size and profit consistency rules of 33% , no allow any one of profit is 33% total, also no grid trading ( two positions are fine, not 3) no martingale, no weekend holding. You want to get paid, you got to follow the rules If you dont want to follow those rules, you should trade the firms that you are...Ignored
Disliked{quote} The question is why? If one does not violate daily or overall DD and you are not tick scalping, arb, HFT or any other possible cheating? Martingale and grid is NOT CHEATING and when one trades small enough, it can actually be very effective. I trade pivots, for example, I may enter at the 61, again at the 78 and again at the 100.......the latter ones should be heavier as the farther away price goes, the grester the probability of it returning to mean. I also use ADR, obviously if an istrument goes 1.5 or 2x ADR, yes, I am going heavier....Ignored
DislikedOkay this is official crowd opinion here of still legit prop firms. 1. FTMO 2. FXIFY 3. ACG 4. Tradingpit 5. 5ers 6. ....?Ignored