Disliked{quote} A Book/B Book is a Forex thing due to its decentralization. There is not such thing with futures as it’s centralized from the same feed.Ignored
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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} A Book/B Book is a Forex thing due to its decentralization. There is not such thing with futures as it’s centralized from the same feed.Ignored
Disliked{quote} I probably would not say that with Apex... I think they operate similar to MFF where 1% is STP to their own futures broker accounts instead of offshore FX broker accounts with MFF or they will eventually push user to their own personal futures account like topstep (have not seen this happen to anyone yet). So the payouts are coming from fees, but the additional profit opportunity they have that FX props don't... all trading is off a CME feed & lot size limits are in line with realistic fills within 2 levels deep of order book, this makes...Ignored
Disliked{quote} No Futures trading is not forbidden. Second you should not need to pay sales tax because these are financial transaction which are subject to be sales tax free see here: https://www.gesetze-im-internet.de/ustg_1980/__4.html Also you do not need a firm, a self employed from your "Finanzamt als Freiberufler registrieren" is enough. But you need to ask your local tax department how they treat this. What you get from the prop firm is "Provision" based on your profit split. And financial Provision is sales tax free also, but you pay...Ignored
Disliked{quote} I noticed they were a fpfx tech partner about month ago, when you mentioned possible metatrader issue for props. Thought we'd sooner or later see props use DX trade. Surprised to see FTMO first though, thought they utilised there own tech?Ignored
Disliked{quote} My goal is not long term Prop firm account instead 200k personal account. For that u just need to pull 15k-20k from 8-10 different firms.Ignored
Disliked{quote} Court orders... Receiver replaced for working with CFTC instead of being down the middle protector of assets MFF contractors allowed to handle chargebacks Kazmi personal non MFF related funds unfrozen to pay lawyers & living expenses MFF money unfrozen to back pay MFFs staff CFTC wanting contempt for MFF not turning over 2.3M offshore denied MFF wanting protection from 7 hour all questions asked CFTC disposition denied Hearing is scheduled for 11/6 and looks like MFF & their legal team are ready for war.Ignored
Disliked{quote} Court orders... Receiver replaced for working with CFTC instead of being down the middle protector of assets MFF contractors allowed to handle chargebacks Kazmi personal non MFF related funds unfrozen to pay lawyers & living expenses MFF money unfrozen to back pay MFFs staff CFTC wanting contempt for MFF not turning over 2.3M offshore denied MFF wanting protection from 7 hour all questions asked CFTC disposition denied Hearing is scheduled for 11/6 and looks like MFF & their legal team are ready for war.Ignored
Disliked{quote} You can yolo to pass since there is no <30% profitable trading day consistency during eval. They also allow 1 micro flipping to satisfy min trading days during the eval.Ignored
Disliked{quote} I noticed reading the ongoing court docs for the MFF case that they also utilized FPFX.Ignored
DislikedAnyone used toptier trader ??? recently getting a lot of marketing from them.Ignored
Disliked{quote} Only firm that denied me the funded account. Still today I have no clue why because they don't care in responding. They refunded me and I moved on.Ignored
QuoteDislikedIf you started at 50K and achieved 53K during the day and then back to 50,200 - Account is lost
Although you are in profit of $200, you still fucked