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Anyone trading with a Prop firm 6 replies

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

prop firm new model - my trading journey 871 replies

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Prop Firm Hub

Quoting procrude
Something Important: In MyFundedFutures, even if your account is breached / failed they will still bill you the monthly. So you have to login and go to your Accounts section then click on the three small dots on the rite side and click cancel. This is really stupid but that is how it is. I did not get rebilled on my failed accounts since I cancelled them. {image}
Procrude, do you have to pay the monthly subscription for as long as you are with them or does it end once you have a funded account?
If you can't play golf you have a job, if you can't trade you play golf...
Quoting procrude
Something Important: In MyFundedFutures, even if your account is breached / failed they will still bill you the monthly. So you have to login and go to your Accounts section then click on the three small dots on the rite side and click cancel. This is really stupid but that is how it is. I did not get rebilled on my failed accounts since I cancelled them. {image}
Isn't it reset after they bill you? Same thing happened to me with Topstep. I got rebilled but the accounts were reset and reactivated. I think it's only for challenge accounts and not the funded ones.
Quoting procrude
Something Important: In MyFundedFutures, even if your account is breached / failed they will still bill you the monthly. So you have to login and go to your Accounts section then click on the three small dots on the rite side and click cancel. This is really stupid but that is how it is. I did not get rebilled on my failed accounts since I cancelled them. {image}
I think the "logic" of this is:

1. In MFFU You can ask (and pay) for a reset, which is cheaper than a new account (in Apex this would not be worth because new accounts are cheaper than reset). Therefore, you need to have the account active

2. At the end of the cycle I think (not 100% sure) that they rebill and reset the account to initial balance

Anyway, it's better to pay attention in futures monthly models to avoid surprises.
Quoting fxbarwise
{quote} Procrude, do you have to pay the monthly subscription for as long as you are with them or does it end once you have a funded account?
Only for failed or active challenges. Once funded gone.
Extreme gut feeling trader
Quoting Capablanca
{quote} I think the "logic" of this is: 1. In MFFU You can ask (and pay) for a reset, which is cheaper than a new account (in Apex this would not be worth because new accounts are cheaper than reset). Therefore, you need to have the account active 2. At the end of the cycle I think (not 100% sure) that they rebill and reset the account to initial balance Anyway, it's better to pay attention in futures monthly models to avoid surprises.
Exactly, the futures models are subscription based so people have be aware. If not cancelled then renews each month.
Trade with confidence, trade without fear.
Current APex Situation

1. Backup 20x50k bought with 90% off are 500$ away from passing.

For SIgnal Dow is CLEAN LONG FOR ME for the first half of the day atleast. So will buy the openining dip.

First 20 PA took 111 EVALS YOLO -> Next 20 in 1 one go --> Another Next 20 in 1 go as well (total 151 evals). I am now a master of 50k eval.
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Extreme gut feeling trader
If I ever get to a payout in Apex I fear that won't be any money left. Monty already cleaned everything.
Quoting Capablanca
If I ever get to a payout in Apex I fear that won't be any money left. Monty already cleaned everything.
DOnt worry i am donating too much for your payout... no issues
Extreme gut feeling trader
Quoting montygoldy
Current APex Situation 1. Backup 20x50k bought with 90% off are 500$ away from passing. For SIgnal Dow is CLEAN LONG FOR ME for the first half of the day atleast. So will buy the openining dip. First 20 PA took 111 EVALS YOLO -> Next 20 in 1 one go --> Another Next 20 in 1 go as well (total 151 evals). I am now a master of 50k eval. {image}
As i gave the signal above bought the market open dip clean longs. I have seen all of dow tricks....
Extreme gut feeling trader
Quoting montygoldy
Current APex Situation 1. Backup 20x50k bought with 90% off are 500$ away from passing. For SIgnal Dow is CLEAN LONG FOR ME for the first half of the day atleast. So will buy the openining dip. First 20 PA took 111 EVALS YOLO -> Next 20 in 1 one go --> Another Next 20 in 1 go as well (total 151 evals). I am now a master of 50k eval. {image}
WOW ! Bro that is amazing ! I wish I could pass evals that quick LOL
Love Cars & Money !
Quoting montygoldy
Current APex Situation 1. Backup 20x50k bought with 90% off are 500$ away from passing. For SIgnal Dow is CLEAN LONG FOR ME for the first half of the day atleast. So will buy the openining dip. First 20 PA took 111 EVALS YOLO -> Next 20 in 1 one go --> Another Next 20 in 1 go as well (total 151 evals). I am now a master of 50k eval. {image}
Animal !!
A snails pace wins the race :-)
Quoting Capablanca
{quote} I saw that in Discord yesterday. It's a complete mess. Tradovate seems to be unable to cope with all the new account requests. I can't imagine the pile of money that is now flowing to futures. No wonder that forex antics are feeling the pain.
It worked after 4 or 5 hours
Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
{quote} So I'll just lose $201 by end of day to thwart the consistency rule. Take that TURDstep! Consider yourself outsmarted. Expo strikes again!
https://intercom.help/topstep-llc/en...istency-target
  • #36,714
  • Quote
  • Edited 2:28pm May 17, 2024 1:57pm | Edited 2:28pm
Quoting montygoldy
Current APex Situation 1. Backup 20x50k bought with 90% off are 500$ away from passing. For SIgnal Dow is CLEAN LONG FOR ME for the first half of the day atleast. So will buy the openining dip. First 20 PA took 111 EVALS YOLO -> Next 20 in 1 one go --> Another Next 20 in 1 go as well (total 151 evals). I am now a master of 50k eval. {image}
Bought the Opening dip as i gave the signal.

1. DOne 20x50k.
2. Topstep Running trade. Hope to completely recover the drawdown. Thats a hella of a comeback.
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Extreme gut feeling trader
Quoting EF-Hutton
{quote} https://intercom.help/topstep-llc/en...istency-target
I understand the rule.

As I've stated several times already I would have been better off intentionally losing $200 before the end of the day. Instead, I now have to earn $1700 instead of $1500 to earn the PA account.

Stupid rule. Standard industry nonsense. "We're looking for consistent traders. You know, the traders that take their time and make 6% in TWO days instead of those degenerate gamblers who make 6% in ONE day."

Dumb and DUMBER, my favorite movie.
Pride always comes before destruction.... -Proverbs 16:18
Quoting anthon25
{quote} Day 13 ; stress free tradings way. Almost there, Robot.... {image}
Relative Drowdown has increased. yet still below 1%..
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I am completely a lazy Trader & Pennies Rebate Hunter
Quoting anthon25
{quote} Relative Drowdown has increased. yet still below 1%.. {image}
Step 1 Profit Target Reached, hooray!

Step 2 on Next phase for 5% target
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #36,718
  • Quote
  • Edited 8:20pm May 17, 2024 3:19pm | Edited 8:20pm
And here are accounts for 6 Days of trading, using same EA with different first entry percentage. The more first entry percentage the more Drowdown calculated.
(Its worth it... High Gain High Risk). On our own acccounts we dont have to think about Drowdown at all. Lets see if the accounts can survive for next 3 years

I do calculated compund system for 2% Daily (Kartika 7).
Using USD 100 which is converted to 10.000 Cent, in 3 years will be 55,275,752,214.47 cent (USD 552,757,522)

https://www.thecalculatorsite.com/da...oogle_vignette

I wonder, is it good to be true??? We never know...

Copy trade is granted if you wish. Account detailed:
https://www.metalsmine.com/thread/po...9#post14865509 # Post 984
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I am completely a lazy Trader & Pennies Rebate Hunter
Quoting Expo33
Stupid rule. Standard industry nonsense. "We're looking for consistent traders. You know, the traders that take their time and make 6% in TWO days instead of those degenerate gamblers who make 6% in ONE day."

You have (as so often) completely missed the point.

What they want is to exclude people who had one lucky trade because unlike all the idiotic scammy CFD "funders" discussed here every day they’re actually putting real money into a real account to fund people’s trading, and they don’t want to do that when people have probably had one lucky trade.

I wouldn’t, either, if I were funding people.

Would you?!
Quoting KarlKraus
{quote} You have (as so often) completely missed the point. What they want is to exclude people who had one lucky trade because unlike all the idiotic scammy CFD "funders" discussed here every day they’re actually putting real money into a real account to fund people’s trading, and they don’t want to do that when people have probably had one lucky trade. I wouldn’t, either, if I were funding people. Would you?!
Haha you must be kidding By your logic casino wants trader to win because they are investing .
What kind of absurd logic is this? If they really want consistent long term trader they will make evaluation difficult like PA account. Get out of world of real account and real money. Every thing is virtual Just milk the system and leave logic of somebody putting real or fake money behind.
Next time you get PA account put real order 2000 points away from current market price in NQ and buy level 2 data and see your order won't be there....if you think otherwise prove me wrong.
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