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Anyone trading with a Prop firm 31 replies

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

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  • #35,961
  • Edited 8:36pm May 5, 2024 8:08pm | Edited 8:36pm
Quoting Cryptosurf
{quote} Says the clown who deleted his entire post. I did change my response to Capa, so what? There's been some confusion in the past regarding futures broker vs CFP vs Prop, etc. If you're offending and enraged by someone clarifying a statement on a forum, then you need to step away from the keyboard and get professional help.
what do my actions have to do with your dumb original post....

i called you an idiot in the one that got deleted too and I admitted that it got deleted for some reason

you weren't gonna admit you changed your answer to Capablanca were you LOL

when I call someone out for dumb shit I always screenshot their post so they cant delete it or edit it later and act like nothing happened LOL

I'm really beginning to question if you ever traded for any length of time with AMP or any other futures broker LOL

I may be a clown but looks like youre a fraud from these 2 examples of your post...why edit it after 50 minutes surfboy? was it cause I pointed out you're full of shit LOL

I uploaded both posts....let the people decide if you're a faker ROFLMAO
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short trump and go long the deepstate
  • #35,962
  • May 5, 2024 8:12pm May 5, 2024 8:12pm
Quoting Zebi
{quote} what do my actions have to do with your dumb original post.... i called you an idiot in the one that got deleted too and I admitted that it got deleted for some reason you weren't gonna admit you changed your answer to Capablanca were you LOL when I call someone out for dumb shit I always screenshot their post so they cant delete it or edit it later and act like nothing happened LOL I'm really beginning to question if ever traded for any length of time with AMP or any other futures broker LOL I may be a clown but looks like your a fraud...
And? If this is what gets you worked up then you need help.

At the end of the day, I don't give 2 shizz what you think.
Trade with confidence, trade without fear.
  • #35,963
  • May 5, 2024 8:16pm May 5, 2024 8:16pm
Quoting Cryptosurf
{quote} And? If this is what gets you worked up then you need help. At the end of the day, I don't give 2 shizz what you think.

and that goes double for me surfer

but people in here ask your advice cause they think you're the real deal and you're a charlatan at best ROFLMAO

if youre gonna be the final word on futures trading in here at least be believable and not talk out of your ass LOL
short trump and go long the deepstate
  • #35,964
  • May 5, 2024 8:34pm May 5, 2024 8:34pm
Slow n steady asia....

Picked the bottom of the range nicely for some profits.

1. For topstep 3x150k combine - Passsed the threshold so trailing will stop from here.
2. For 3x150k myfundedfutures - Important week payout date at friday so aiming conservatively 800-1000$ a day to pull max 4500$ each account while leaving a nice cushion behind.
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Extreme gut feeling trader
  • #35,965
  • May 5, 2024 8:54pm May 5, 2024 8:54pm
Quoting Nsak3y
{quote}-People win all of the time. Winning consistently is a different matter. {quote}
I'm not talking about one single bet. Anyone can also pass a challenge in just one attempt.
My point is that in casinos you cannot win consistently because of the negative statistical value of their games, unless you cheat. While in props you can easily win because statistic value is positive. No need to cheat.

More: a consistently loser trader (in real account) can still make money consistently in a prop. There's not better signal that this is a troubled industry.

Quoting Nsak3y
-But we are literally talking about people that are cheating, not just gaming the system using statistically favorable outcomes.
Taskid was talking about gaming the system, that's why I replied. We should distinguish what is gaming the system and what is cheating. And gaming can be made more difficult with some rules but props are too lazy (or too afraid) of doing that.
  • #35,966
  • May 5, 2024 9:06pm May 5, 2024 9:06pm
No need to fight about AMP Margin.
AMP has, most of the time, very low margins. During some events they increase significantly, which is normal.
I called it restrict because it's a decrease of leverage. I think you all know what I meant even if I didn't express myself correctly.
(they send the emails increasing margin and then, usually about 18 to 20 minutes after the event, they send another email saying that margin goes back to the normal low amount)
  • #35,967
  • May 5, 2024 9:11pm May 5, 2024 9:11pm
Quoting Nehemah
This is why I find the v1 of E8 very interesting which will perhaps finally allow traders to express their talent in another way (without playing heads or tails) And I hope that other props will follow the movement (we can finally talk about trading and no longer cheating or gambling)
I'm not so optimistic. I have not gone into the details of these new programs but I trust what Takisd said that they are probably easy to game as well.
Quoting Takisd
{quote} Its twitter. I posted that it took me 5 seconds to figure out how to game the new programs of e8 and mffx. All of a sudden multiple people start to send me their ways of cheating.
Never thought about that but I guess the futures ones, with the trailing stops, the consistency rules and the minimum days are intellectually more challenging.
  • #35,968
  • May 5, 2024 9:23pm May 5, 2024 9:23pm
Quoting montygoldy
Slow n steady asia.... Picked the bottom of the range nicely for some profits. 1. For topstep 3x150k combine - Passsed the threshold so trailing will stop from here. 2. For 3x150k myfundedfutures - Important week payout date at friday so aiming conservatively 800-1000$ a day to pull max 4500$ each account while leaving a nice cushion behind. {image} {image}
Still getting results trading the 500 in the asian session?
  • #35,969
  • May 5, 2024 10:06pm May 5, 2024 10:06pm
Quoting mallee
{quote} Still getting results trading the 500 in the asian session?
always already revealed my secret sauce before for futures. Dow in asian tight range easy to pickup 10-20 points.
Extreme gut feeling trader
  • #35,970
  • May 5, 2024 10:26pm May 5, 2024 10:26pm
Quoting Capablanca
We should distinguish what is gaming the system and what is cheating.
-We are in agreement here. But I believe that the original conversation was about people cheating, specifically. This is in accordance with Takisd's previous comments. Perhaps I am wrong about what he was specifically referring to. Either way, I do not see any reason to drag this out.
  • #35,971
  • May 5, 2024 10:41pm May 5, 2024 10:41pm
Quoting montygoldy
{quote} always already revealed my secret sauce before for futures. Dow in asian tight range easy to pickup 10-20 points.
Interesting. I trade the JPY pairs in the asian range. So I checked Dow. It seems to me like nothing really happens there during the asian - unless you go into a very small timeframe like 1 minute. That is on the other hand very interesting.
MetaTrader 4 - so many advantages.
  • #35,972
  • May 5, 2024 10:52pm May 5, 2024 10:52pm
Quoting Zebi
{quote} and that goes double for me surfer but people in here ask your advice cause they think you're the real deal and you're a charlatan at best ROFLMAO if youre gonna be the final word on futures trading in here at least be believable and not talk out of your ass LOL
Cryptosurf is the real deal, he is one of the 5-6 people in this entire FF forum who is consistently making money from prop firms for the last 4 years, you are a bitch who can not make money, therefore you have only two things left to do: pick on people behind the screen and Bitch.
  • #35,973
  • May 5, 2024 10:59pm May 5, 2024 10:59pm
Quoting RiskFighter
{quote} Interesting. I trade the JPY pairs in the asian range. So I checked Dow. It seems to me like nothing really happens there during the asian - unless you go into a very small timeframe like 1 minute. That is on the other hand very interesting.
yep as i said easy to pick 10-20 points SCALP ONLY.
Coz i only scalp max 10-20 points each setup no matter the session. Intra trailing Habits
Extreme gut feeling trader
  • #35,974
  • May 5, 2024 11:00pm May 5, 2024 11:00pm
Why have I never heard of TickTickTrader?

Over 6000 reviews on TP. The best I've seen in the business?

https://tickticktrader.com/

I just finished up my 37 seconds of research can someone enlighten me please?
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Pride always comes before destruction.... -Proverbs 16:18
  • #35,975
  • May 5, 2024 11:41pm May 5, 2024 11:41pm
Quoting Expo33
Why have I never heard of TickTickTrader? Over 6000 reviews on TP. The best I've seen in the business? https://tickticktrader.com/ I just finished up my 37 seconds of research can someone enlighten me please? {image}
so much reviews but no one on youtube talks about them. Offering Seems decent. Also there are multiple promotions if you check the FAQ's. Seems like alright except they dont have tradovate.
Btw personal opinion website looks ugly not professional at all same like TFT.
Extreme gut feeling trader
  • #35,976
  • May 5, 2024 11:58pm May 5, 2024 11:58pm
Quoting Expo33
Why have I never heard of TickTickTrader? Over 6000 reviews on TP. The best I've seen in the business? https://tickticktrader.com/ I just finished up my 37 seconds of research can someone enlighten me please? {image}
Best for people like me, who wants static drawdown!
I will try this in near future, I will read more about them,

for Monty : Nobody talks about them!!
Your favorite Alpine Trader himself talked about this website in some of his videos I remember because I was searching difference & explanation about trailing drawdown & static drawdown, so alpine trader explained very well and he talked about this in his video,

I will check this website when I will give a try to futures trading
  • #35,977
  • May 6, 2024 12:40am May 6, 2024 12:40am
Quoting Quickly
{quote} What do you mean by “balance based drawdown”? If you mean a maximum allowed drawdown that doesn’t trail open equity but is adjusted only at the end of each day, there are already several. Topstep, for example, has been like that for a decade: their permitted drawdown has never trailed open equity. Tradeday is the same, and they also have no daily loss limit. (But maybe you mean something different? Sorry if I misunderstood you).

Please correct me if I am wrong or tell me where I am thinking wrong.

What I am thinking in "Futures Prop Trading with Static Drawdown for example TickTickTrader"
I am taking 25k Starter Plan here for example
I have Target = 1,500 $
I have Tick EOD Drawdown = 1,500 $
I have Daily Loss = 500 $



What is Tick Drawdown, EOD (End of Day) Drawdown for example in TickTickTrader ?
====================================================
In my understanding it is safety buffer in which your profitable trade can travel without violating drawdown rules.
Suppose I have opened a trade & it was a good one, it went into my favor to almost 1,500 $ of profit
but don't know why the market just crashed back & closed in B/E.
I am still safe not violating drawdown rules because it is static drawdown
& to violate it I need 1,500 $ unrealized profit + 1,500 $ Stop loss = 3,000 $ overall loss to violate


What is Trailing Drawdown in Apex ?
======================
In my understanding it is safety buffer in which your profitable trade can travel without violating drawdown rules.
Suppose I have opened a trade & it was a good one, it went into my favor to almost 1,500 $ of profit
but don't know why the market just crashed back & closed in B/E.
I have violated the drawdown rule and lost the account.



ANOTHER CONFUSION, WHAT IS DAILY LOSS = 500 $ in this example?? & DO IT AFFECTS TICK DRAWDOWN??
=====================================================================
=====================================================================

Suppose I have closed my 1st trading day with 490 $ loss, 10 $ buffer left so that not violating Daily Loss rule of 500 $
So my question is this 490 $ now going to be used in reducing the Tick Drawdown limit from 1,500 $ to now only 1,010 $
or the Tick Drawdown limit remains the same no matter whether your account balance is reduced by some loss or increased by some profit


I/WE WILL CONTINUE THIS EXAMPLE OR POST FURTHER
BECAUSE NOW I AM REALLY WANT TO GET FULL UNDERSTANDING & TO REMOVE ALL MY CONFUSIONS
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  • #35,978
  • May 6, 2024 12:43am May 6, 2024 12:43am
Quoting genuine007
{quote} Best for people like me, who wants static drawdown! I will try this in near future, I will read more about them, for Monty : Nobody talks about them!! Your favorite Alpine Trader himself talked about this website in some of his videos I remember because I was searching difference & explanation about trailing drawdown & static drawdown, so alpine trader explained very well and he talked about this in his video, I will check this website when I will give a try to futures trading
talking once is not worth it (plus alpine not fav) he talks about alot of BS firms lately like precisionfunding n all. PLus none of them actually using it that was my point most talked/used about are the ones like topstep, apex, myfundedfutures, takeprofittrader, elitefundedtrader, e2trade etc. There are also uprofit, blusky, tradeday, leelotrading, flexytrade etc they talk about it but hardly seen anyone using it.

For Daily Drawdown - If you hit the loss you'll be stopped from entering the trade again for the day atleast what topstep does. So it'll remove the loss from the drawdown. In your example 1,010$ what it is going to be.
Extreme gut feeling trader
  • #35,979
  • May 6, 2024 1:29am May 6, 2024 1:29am
Quoting genuine007
{quote} Please correct me if I am wrong or tell me where I am thinking wrong. What I am thinking in "Futures Prop Trading with Static Drawdown for example TickTickTrader" I am taking 25k Starter Plan here for example I have Target = 1,500 $ I have Tick EOD Drawdown = 1,500 $ I have Daily Loss = 500 $ What is Tick Drawdown, EOD (End of Day) Drawdown for example in TickTickTrader ? ==================================================== In my understanding it is safety buffer in which your profitable trade can travel without violating drawdown rules....
This Video made my life easier.
I got some answers like:
why would some person choose futures prop firms over forex prop firms?
why what's the need of going to futures prop firms?

I think I can try futures prop firms as well.
Because I see the charts of instruments I like to trade
& They are almost similar its just I have to see them on tradingview

I will start trading futures prop firms from mid 2024 year or 2025
May be the cost of futures prop challenges will get more then
but I can't start now, I have to gather some capital first which I don't have at present


Inserted Video
  • #35,980
  • May 6, 2024 2:23am May 6, 2024 2:23am
If I can make it so that I always win - I am cheating.

There is no nuance to that. I don't really care if someone is cheating using intelligent methods with props. But I am not going to fluff it up and argue semantics.
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