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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 #22,701
  • Quote
  • Sep 24, 2023 4:30am Sep 24, 2023 4:30am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,632 Posts
Why not just leave the US? Move to an island like me and spend 700 eur a month in expenses and enjoy life naked in the sand.
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  • Post #22,702
  • Quote
  • Sep 24, 2023 5:52am Sep 24, 2023 5:52am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Quoting MJurban
Disliked
I still dont know if this is a seriös firm, can you trust them? anyone recieved a payout after winning the challenge.? {image}
Ignored
Drawdown is trailing on their scaling plan. Otherwise they are expensive and only offer up to 100k accounts. So no attractive offers I can see here.
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  • Post #22,703
  • Quote
  • Edited 7:05am Sep 24, 2023 6:11am | Edited 7:05am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
FXIFY SCORE is 4 only. Not very attractive offer on their 2 step challenges.
FUNDINGTRADERS SCORE is 5.4 which is very good!
ACG SCORE is 4.4, which is okay but not really good.
FUNDEDENGINEER SCORE is 5 which is good.
MAVEN TRADING SCORE is 4.9, which is also good.
CTI and 5ers Score is around ACG Score (bit lower, so 4-ish), so only okay.
BESPOKE (BFP) SCORE is 6.55 (with actual discount code FUNDED), which is OUTSTANDING or EXCELLENT (very close to former MFF Score)!!
MYFUNDEDFX Score is 5.35, which is very good (with actual discount code)!
 
 
  • Post #22,704
  • Quote
  • Sep 24, 2023 6:43am Sep 24, 2023 6:43am
  •  Vitore
  • | Joined Jul 2019 | Status: Member | 744 Posts
Quoting TrAndy1
Disliked
FXIFY SCORE is 4 only. Not very attractive offer on their 2 step challenges
Ignored
Did you consider their -20% discount code available in Sep?
Some affiliates offer even -25%

Also, their account sizes differ a lot in score, 100K is the best one by far
The owls are not what they seem
 
 
  • Post #22,705
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  • Edited 8:16am Sep 24, 2023 6:43am | Edited 8:16am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Another one offering services for a prop firm. Even there is marketplace to buy existing prop firms. The dashboard looks exactly same like MFF his one. Hmm...

https://yourpropfirm.com/directory/i...-funding-firm/
 
 
  • Post #22,706
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  • Sep 24, 2023 6:50am Sep 24, 2023 6:50am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Quoting Vitore
Disliked
{quote} Did you consider their -20% discount code available in Sep? Some affiliates offer even -25% Also, their account sizes differ a lot in score, 100K is the best one by far
Ignored
Yes and no, because they have add-ons like no time limit etc. which makes it more expensive than initial price. But if you go naked with discount, then score is 5.
So if you take 20% discount code and take all add-ons, then you have a score of 4. Also if you do not take any add-ons and also no discount code, then also score is 4.
 
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  • Post #22,707
  • Quote
  • Edited 7:36am Sep 24, 2023 7:23am | Edited 7:36am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Anyone knows this prop firm ? Score with discount code is 5.65, which is very good. They are USA based, which is not good.
https://www.ezlpropfirm.com/
They have a mandatory SL rule. But balance based daily DD and 6% daily DD, which is better. $4 rtl as commission on 8cap broker. No time limit too. $500k max. cap.
 
 
  • Post #22,708
  • Quote
  • Sep 24, 2023 9:12am Sep 24, 2023 9:12am
  •  Vitore
  • | Joined Jul 2019 | Status: Member | 744 Posts
Quoting Expo33
Disliked
Prying eyes want to know {image}
Ignored
heating up
Attached Image (click to enlarge)
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Size: 5 KB
The owls are not what they seem
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  • Post #22,709
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  • Sep 24, 2023 9:19am Sep 24, 2023 9:19am
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 5,409 Posts
Takisd,
I agree, left the USA in 1986 and have not looked back since and now I am living off 500 usd per month with steady Internet.
Happiness and Joy live here now....
 
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  • Post #22,710
  • Quote
  • Edited 9:51am Sep 24, 2023 9:30am | Edited 9:51am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Jeez, if someone is living below 1000 USD he has no car. Only the car with loss in its value etc. cost at least 500 bucks per month. If someone eats steaks and good fish and not only salads there is no way to live normally below 1k. I would say with 5k per month you can make a decent living. Not too much, but with nice features. If you do not own property you can easily spend €2.5k for a nice flat or a small house. Then you have current costs for heat, power, water etc., some insurances etc. for all 5k.

I mean only for health insurance here I need to pay 700 Euro per month. Even you have no income you pay at least 250 Euro per month, only for that (in Germany).
There is no way to live below €2k per month in Germany. I do not know about UK, but the cost might be similar. Maybe in South Europe it is bit cheaper, but the living standard, if you want it the same, then you also pay more. And nobody really wants to live in Eastern Europe for €1k per month and very low standards. So there is no way you can live from below €1000 per month normally, in no place. Only in cheap regions but then with much lower living standards, health care system, transportation system, roads, lower food quality, etc.. I mean it is not for the cheap only, otherwise you can move to South Africa or other African countries like Egypt, Tunis. But who wants to relocate there really ? They have such low standards in all fields. You do not want to go to hospital there if ever needed. Just as an example.
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  • Post #22,711
  • Quote
  • Sep 24, 2023 9:56am Sep 24, 2023 9:56am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,632 Posts
Quoting TrAndy1
Disliked
Jeez, if someone is living below 1000 USD he has no car. Only the car with loss in its value etc. cost at least 500 bucks per month. If someone eats steaks and good fish and not only salads there is no way to live normally below 1k. I would say with 5k per month you can make a decent living. Not too much, but with nice features. If you do not own property you can easily spend €2.5k for a nice flat or a small house. Then you have current costs for heat, power, water etc., some insurances etc. for all 5k. I mean only for health insurance here I need...
Ignored
I have a car. But most of my daily activities are walking distance. Beach, cafe, restaurant, supermarket.
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  • Post #22,712
  • Quote
  • Sep 24, 2023 11:06am Sep 24, 2023 11:06am
  •  DeltaCapital
  • | Joined Jun 2023 | Status: Member | 195 Posts
Quoting Takisd
Disliked
{quote} I have a car. But most of my daily activities are walking distance. Beach, cafe, restaurant, supermarket.
Ignored
What country you live?
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  • Post #22,713
  • Quote
  • Sep 24, 2023 11:22am Sep 24, 2023 11:22am
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,632 Posts
Quoting DeltaCapital
Disliked
{quote} What country you live?
Ignored
The birthplace of democracy.
 
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  • Post #22,714
  • Quote
  • Sep 24, 2023 11:44am Sep 24, 2023 11:44am
  •  DeltaCapital
  • | Joined Jun 2023 | Status: Member | 195 Posts
Quoting Takisd
Disliked
{quote} The birthplace of democracy.
Ignored
greece? nice, you live in a island of greece?
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  • Post #22,715
  • Quote
  • Sep 24, 2023 12:20pm Sep 24, 2023 12:20pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 3,489 Posts
Quoting Takisd
Disliked
Why not just leave the US? Move to an island like me and spend 700 eur a month in expenses and enjoy life naked in the sand.
Ignored
If I didn't have a 12-year-old daughter I'd be there. My leopard skin speedo and gold Italian horn necklace are ready for action.
"Pride always comes before destruction...." -Proverbs 16:18
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  • Post #22,716
  • Quote
  • Sep 24, 2023 12:25pm Sep 24, 2023 12:25pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 3,632 Posts
Quoting Expo33
Disliked
{quote} If I didn't have a 12-year-old daughter I'd be there. My leopard skin speedo and gold Italian horn necklace are ready for action.
Ignored
I feel racially violated.
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  • Post #22,717
  • Quote
  • Sep 24, 2023 12:28pm Sep 24, 2023 12:28pm
  •  Expo33
  • Joined Aug 2013 | Status: Member | 3,489 Posts
Quoting Expo33
Disliked
Just requested a crypto payout from TFT. See what happens.
Ignored
So after 3 days I just got an email from The Funded Flinstones rejecting my Crypto payout request. I'm glad they let me put in my wallet address and wait 3 days for nothing.

So I had to request a Wise (or stupid) withdrawal. I'm assuming they use the email from my account but they never asked, just says pending. I'm sure I'll get an email later this week asking for some extra info. Who knows. The good news is Angelo is on vacation. It's not like there is a payout crisis to work on.

And a third email just this week reminding me to give them the 1-star review they so richly deserve.
"Pride always comes before destruction...." -Proverbs 16:18
 
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  • Post #22,718
  • Quote
  • Sep 24, 2023 12:48pm Sep 24, 2023 12:48pm
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader | 1,809 Posts
Maven Trading (switching brokers from 8cap to Blueberry)- Opinions on that ?
EMERGENCY ANNOUNCEMENT
We are switching to blueberry Tomorrow (Monday) on rollover(10pm UTC) here are the takeaways.
> 8cap will be disconnected entirely, we've had bad experiences with their services and trust blueberry's liquidity provider is more competent as they use multiple LPs
> You must close all trades before the roll over
> your account balance will be saved and moved to the new broker account
> your equity will be used to create the new balance
> all future accounts will be on blueberry
> blueberry is licensed the same as 8cap so there should be zero cases of anyone getting cut off
> as you know Maven has the best support in the industry, so any issues will be resolved, as they come, so please open a ticket if you have anything not 100%.
We appreciate you all understanding, we know this is in the best interests of both us and you. Thanks for understanding!
 
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  • Post #22,719
  • Quote
  • Sep 24, 2023 12:54pm Sep 24, 2023 12:54pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 3,517 Posts
Quoting TrAndy1
Disliked
Maven Trading (switching brokers from 8cap to Blueberry)- Opinions on that ? EMERGENCY ANNOUNCEMENT We are switching to blueberry Tomorrow (Monday) on rollover(10pm UTC) here are the takeaways. > 8cap will be disconnected entirely, we've had bad experiences with their services and trust blueberry's liquidity provider is more competent as they use multiple LPs > You must close all trades before the roll over > your account balance will be saved and moved to the new broker account > your equity will be used to create the...
Ignored
Just a guess.....The CFTC has gotten to 8 cap now. Confirmation will be if we see more similar announcements from other firms this week.
Like I said earleir, trading is hard enough and on top we have to play cat and mouse now with what firms will pay, what payment processors will be closed off, etc, etc...
I'll say it again.....CFTC= SCUMBAGS
 
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  • Post #22,720
  • Quote
  • Sep 24, 2023 12:54pm Sep 24, 2023 12:54pm
  •  pipmaster77
  • Joined May 2016 | Status: Member | 3,517 Posts
Quoting Expo33
Disliked
{quote} So after 3 days I just got an email from The Funded Flinstones rejecting my Crypto payout request. I'm glad they let me put in my wallet address and wait 3 days for nothing. So I had to request a Wise (or stupid) withdrawal. I'm assuming they use the email from my account but they never asked, just says pending. I'm sure I'll get an email later this week asking for some extra info. Who knows. The good news is Angelo is on vacation. It's not like there is a payout crisis to work on. And a third email just this week reminding me to give them...
Ignored
More good news.....TFTP just announced this week's poker tourney winners in discord.......I mean, what is not to love about this company?
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