Prop Firm Hub | Page 1166 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Anyone trading with a Prop firm 33 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #23,301
  • Sep 30, 2023 10:11am Sep 30, 2023 10:11am
Quoting TrAndy1
{quote} Pretty bad. The only way to participate with them is to have a fixed IP address, a static one, that does not change. Usually you pay a lot extra to get this from provider.
I have a static IP, and it’s costly. But these are internal private IPs that they flagged. So you’d need a static internal IP on your single home computer as well, don’t use a second one like an iPad or laptop, even from home with a static public IP. Ridiculous. Most home users are not IT admins and won’t know how to do this. This has nothing to do with preventing group trading and everyone knows it.
  • #23,302
  • Sep 30, 2023 10:12am Sep 30, 2023 10:12am
Quoting Takisd
{quote} I hate 5ers. I think the owner is a liar, and I think that the offering sucks. But right now, if you have 50 bucks to your name you have two choices that aren't in the firing line. FTMO and 5ers. Fuck the 5ers, but I am doing my best not to mislead anyone into purchasing something that tomorrow might be gone.
We have to decide with all info available TODAY. If we had the information of TOMORROW we would be very rich.
Nobody could see that MFF was going to be hit like that so MFF was one of the most (of not the most) recommended (and correctly IMO).

Just because a trade was a loss doesn't mean it was a bad trade.
  • #23,303
  • Sep 30, 2023 10:14am Sep 30, 2023 10:14am
Quoting AaronPriest
Another weekend, another Funded Next story, LOL! Both of these are private, internal IP addresses--NOT public ones! They don't know anything about how IP addresses and networking actually works. {image}
Un believable. It truly is. You bust your ass to pass 2 stages of a challenge. You bust your ass to make a profit.
I wonder if these folks getting banned due to IP had more than one IP during the challenge?
There are only a couple of good actors in this space, unfortunately, one of them is unrightfully down at the moment. The rest of these firms, INCLUDING, dare I say, ALL of the ones that popped up in the past year, are outright scamming people.
  • #23,304
  • Sep 30, 2023 10:15am Sep 30, 2023 10:15am
Quoting TrAndy1
{quote} Pretty bad. The only way to participate with them is to have a fixed IP address, a static one, that does not change. Usually you pay a lot extra to get this from provider.
and they prey on the fact, MOST people are not aware of this. Even trading from one device the entire time, you are still potentially going to violate this rule.
  • #23,305
  • Sep 30, 2023 10:18am Sep 30, 2023 10:18am
Quoting Cryptosurf
{quote} I only trade after the opening bell, usually after the top of the hour (10am EST). Im eyeing the trend via recent PA, anchored VWAP, etc then place trades accordingly. Usually 10 Micro NQ and 2 mini Dow Todays profit: {image}
Futures or CFDs? You have a set plan in advance in terms of the minimum/maximum amount of orders you do on any given day on these two instruments?

I still find it very hard to actually find/build a working trading plan for myself, that isn’t based on some discretionary chart reading but follows a clear objective and systematic approach.

If anyone is willing to help or point me into the right direction of how to actually achieve trading for a living in some realistic way following/executing a real structured plan maybe send me a message.

I am really sick of all this and can’t seem to find anything that actually works for me, having spent probably thousands of hours over the last 10 years but without really making any kind of real progress in coming closer to reach my goals.

It‘s very frustrating and I feel like giving up before wasting my best time of the life any further where there are perhaps easier ways to make consistent income.

Have a nice weekend.
  • #23,306
  • Sep 30, 2023 10:23am Sep 30, 2023 10:23am
Quoting AaronPriest
{quote} I have a static IP, and it’s costly. But these are internal private IPs that they flagged. So you’d need a static internal IP on your single home computer as well, don’t use a second one like an iPad or laptop, even from home with a static public IP. Ridiculous. Most home users are not IT admins and won’t know how to do this. This has nothing to do with preventing group trading and everyone knows it.
Not everyone, they are somehow still in business.
  • #23,307
  • Edited 11:28am Sep 30, 2023 11:14am | Edited 11:28am
Quoting Capablanca
{quote} 67 Yrs old and many years trading futures don't qualify you to analyze online prop offers. Otherwise you would not be promoting/advocating trailing stop garbage.

traling on open profits : then you have to treat your paper profits like real profits and protect them to some extent

trailing on closed profits : here you are forgiven for the above but profits made have to be protected to some extent ( some traders risk all profits made for the next trade , only part of profits made should be risked in your next trade)

with thetradingpit you can choose which option you want , obviously the closed profits options is a bit more expensive

Attached Image (click to enlarge)
Click to Enlarge Name: E29141C7-B899-49DF-BA5B-F931268F125B.jpeg Size: 268 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 4C8AA208-C7BF-485F-BC08-FDA59CA20BC8.jpeg Size: 274 KB


With a profit target of 8% and a max drawdown of 10% , you have more than enough room to breathe even when it is trailing

with a lot of firms your trailing stop becomes fixed once you reach the starting balance

prop firms that execute your trades , do you care of profits (open and closed) because they get part of those profits ,

the virual ones prefer you give back all profits and hit the drawdown because those profits come out of their own pockets , no surprise here..

Apteros has no trailing drawdown , the choice is all yours
  • #23,308
  • Sep 30, 2023 11:19am Sep 30, 2023 11:19am
Quoting pipmaster77
{quote} Right, trick here is, if you want 100%, you MUST wait until your profits are 100K? I haven't checked, but if that is what you are saying here, yes , they are looking for the very naive and inexperienced.
no, you can take out profits whenever you want

“On-Demand Payouts
Your money, when you want it. With Apteros, request your profits whenever you deem fit. It's all about giving you control over your finances.”
  • #23,309
  • Sep 30, 2023 11:20am Sep 30, 2023 11:20am
Quoting lddd
{quote} Futures or CFDs? You have a set plan in advance in terms of the minimum/maximum amount of orders you do on any given day on these two instruments? I still find it very hard to actually find/build a working trading plan for myself, that isn’t based on some discretionary chart reading but follows a clear objective and systematic approach. If anyone is willing to help or point me into the right direction of how to actually achieve trading for a living in some realistic way following/executing a real structured plan maybe send me a message....
Jason Graystone shared his trading strat for free on his yt and has a course, scott taylor fx also has his strat for free on yt which he uses and you can join his discord for a month to learn the strat on literally a week( I use the strat rn), when it comes to SMC (YES I know smc is garbage etc etc, but it works so I don't care) but don't learn it from ICT, there is a guy on yt called TTrades and has a free playlist with all the concepts with also strats ready. Also Samuel Leech on his site has his trading strat for like 400$, and he own a REAL propietary trading firm, SMB capital also has strats for some $ if I am not mistaken Hopefully this helps, but I must say I am really surprised that in 10 years you didn't find one for yourself.
  • #23,310
  • Sep 30, 2023 11:25am Sep 30, 2023 11:25am
Quoting Takisd
{quote} I hate 5ers. I think the owner is a liar, and I think that the offering sucks. But right now, if you have 50 bucks to your name you have two choices that aren't in the firing line. FTMO and 5ers. Fuck the 5ers, but I am doing my best not to mislead anyone into purchasing something that tomorrow might be gone.
on what point you think he is lying ?
  • #23,311
  • Sep 30, 2023 12:01pm Sep 30, 2023 12:01pm
Quoting Stoneyrocks
{quote} on what point you think he is lying ?
How he does business (he has said 3 times different things), about his knowledge and experience. Various other nonsense things to make himself look more important.
  • #23,312
  • Sep 30, 2023 12:02pm Sep 30, 2023 12:02pm
Quoting lddd
{quote} Futures or CFDs? You have a set plan in advance in terms of the minimum/maximum amount of orders you do on any given day on these two instruments? I still find it very hard to actually find/build a working trading plan for myself, that isn’t based on some discretionary chart reading but follows a clear objective and systematic approach. If anyone is willing to help or point me into the right direction of how to actually achieve trading for a living in some realistic way following/executing a real structured plan maybe send me a message....
I only trade DOW and NQ. CFD's on FTMO, Futures with TradeDay and my personal AMP account. If I were you, and being in the euro time zone, I would only trade DAX during london session. Theres plenty of movement during that session.
Trade with confidence, trade without fear.
  • #23,313
  • Sep 30, 2023 12:30pm Sep 30, 2023 12:30pm
Quoting Capablanca
{quote} For 5ers I'm waiting for a payout in crypto. They say 24 to 48 business hours, which are already gone (unless they are like the old con artists of Trading Central Funds who said that 24 business hours were 8 hours in one day, 8 hours in another and 8 hours in another ) I'm curious to see how my payout for FXIFY will go next week (I'll ask straight away crypto so there won't be any excused of "Wise bla bla bla") In the mean time I'm waiting for a Alpha payout. They don't work with Deel now so it will be the Wise rubbish. Fingers...
Is the 3 x 0.5% still a thing on the funded stage?just got funded, I noticed that its still present on the dashboard.

Other issues i don't like with program.
Mandatory interview with risk manager if requested.
Must use SL
Bit of a Fuzzy requirement that the SL should be 1% or less.
  • #23,314
  • Sep 30, 2023 12:37pm Sep 30, 2023 12:37pm
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 224 KB
  • #23,315
  • Sep 30, 2023 1:28pm Sep 30, 2023 1:28pm
Quoting Takisd
{quote} just another child under estimating their tax residence status and the over arching laws that discuss operation of a business location before the domicile of that company. But it’s part and parcel of these idiots. I have some information I wish was public but promised not to share. But most of these prop firms should be avoided like the plague. Stick to ftmo and 5ers if you want to trade props. Ignore the rest, literally all of them.
Those were the first two I used 5 years ago or so. 5ers only have Meta5 which sucks for me.

If I start doing the 100K challenges again it will be FTMO. In the meantime, I still need my cheap action from all the ghetto prop firms.
Pride always comes before destruction.... -Proverbs 16:18
  • #23,316
  • Sep 30, 2023 2:03pm Sep 30, 2023 2:03pm
Quoting pipmaster77
{quote} Robbery in disguise. A good "regulator" would "protect" us from that sort of stuff, you would think? Instead, they went after the firm with the best (by far) chance of success for the trader. Going back to value, and yes, it absolutely does matter, MFF is more than 2x value of FTMO on a 200K. Factoring in fee paid, targets in both phases and profit split......on a 200K account, MFF gave you $9.23 for every dollar in a personal account, FTMO is $4.53. The 5%ers high stakes 100K is $5.99. FTMO and 5%ers still offer great value, but MFF was...
TFF was / is better than MFF. 50% better. MFF pay you after 30 days, TFF pay you after 14 days. But now the worst company is MFF. They don't pay nothing...
  • #23,317
  • Sep 30, 2023 2:33pm Sep 30, 2023 2:33pm
Quoting AaronPriest
{quote} I have a static IP, and it’s costly. But these are internal private IPs that they flagged. So you’d need a static internal IP on your single home computer as well, don’t use a second one like an iPad or laptop, even from home with a static public IP. Ridiculous. Most home users are not IT admins and won’t know how to do this. This has nothing to do with preventing group trading and everyone knows it.
so this means if you use Spectrum home wifi, any firm could give you this excuse when you try to get payment?
  • #23,318
  • Sep 30, 2023 2:35pm Sep 30, 2023 2:35pm
Quoting pipmaster77
{quote} Un believable. It truly is. You bust your ass to pass 2 stages of a challenge. You bust your ass to make a profit. I wonder if these folks getting banned due to IP had more than one IP during the challenge? There are only a couple of good actors in this space, unfortunately, one of them is unrightfully down at the moment. The rest of these firms, INCLUDING, dare I say, ALL of the ones that popped up in the past year, are outright scamming people.
that's funny I remember taking a class once on it a bootcamp for the A+ the most basic computer exam, where they went over this; just shows that their knowledge is even below the most basic $9 an hour computer job
  • #23,319
  • Sep 30, 2023 5:21pm Sep 30, 2023 5:21pm
Quoting Tim_isoara
{quote} TFF was / is better than MFF. 50% better. MFF pay you after 30 days, TFF pay you after 14 days. But now the worst company is MFF. They don't pay nothing...
TFF is $5.45 per $ 1.....only slightly better than FTMO. This is before you add on unlimited time ore no minumum days, FTMO actually is better at that point. MFF was only 30 days on 1st payout, than 14, on demand once VIP.
  • #23,320
  • Sep 30, 2023 5:23pm Sep 30, 2023 5:23pm
So what is the actual timeline now on MFF ? It is 11th of October there will be hearing or better an agreement ? Or any other dates already published ?
176 traders viewing now