Prop Firm Hub | Page 1881 | 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

  • #37,601
  • Jun 9, 2024 7:29pm Jun 9, 2024 7:29pm
Quoting montygoldy
Day 7 - Road to payout 1. All accounts passed threshold phewwwwwwww..... 2. Clean setup on gold longs today with just 2mini's...... Too many text book confluences.. entry screenshots says the whole story {image} {image}
Well played Monty.

That hot sauce is getting spicy
Pride always comes before destruction.... -Proverbs 16:18
  • #37,602
  • Jun 9, 2024 8:07pm Jun 9, 2024 8:07pm
Quoting Expo33
{quote} Well played Monty. That hot sauce is getting spicy


ANy bets if it gets approved or denied.

Is your payout approved?
Extreme gut feeling trader
  • #37,603
  • Jun 9, 2024 8:12pm Jun 9, 2024 8:12pm
Quoting montygoldy
{quote} ANy bets if it gets approved or denied. Is your payout approved?
Did future prop refused payout as well ?
  • #37,604
  • Jun 9, 2024 8:17pm Jun 9, 2024 8:17pm
Quoting montygoldy
{quote} ANy bets if it gets approved or denied. Is your payout approved?
Nope.

Still "under review" on day 9 which really is the strategy. It's not like they are short staffed and have been "reviewing" my trades for 9 days. Make trader wait 2 weeks and hope they blow their account or hit the trailing drawdown. If they are paying out traders in one day that have previous payouts and they make new payouts wait 2 weeks? Seems a bit strange but that's apparently the playbook for APEX. No big deal, already knew that when I started with them.
Pride always comes before destruction.... -Proverbs 16:18
  • #37,605
  • Jun 9, 2024 8:23pm Jun 9, 2024 8:23pm
Quoting TheDoug
{quote} shocked you didn't throw a 'fake news' in there and some more name calling like your Orange Jesus does. Disappointing.
oh geez.....the big mean orange Jesus....yep, Biden and Kamala doing a bang up job.
  • #37,606
  • Jun 9, 2024 8:29pm Jun 9, 2024 8:29pm
Quoting Expo33
{quote} Nope. Still "under review" on day 9 which really is the strategy. It's not like they are short staffed and have been "reviewing" my trades for 9 days. Make trader wait 2 weeks and hope they blow their account or hit the trailing drawdown. If they are paying out traders in one day that have previous payouts and they make new payouts wait 2 weeks? Seems a bit strange but that's apparently the playbook for APEX. No big deal, already knew that when I started with them.
Man this is ridiculous.... where as darell gloating approving in 1 day and sending payouts early.
Extreme gut feeling trader
  • #37,607
  • Jun 9, 2024 8:30pm Jun 9, 2024 8:30pm
Quoting HengkiTjen
{quote} Did future prop refused payout as well ?
Futures have more strict rule. And recently apex updated their rules and refusing payouts if you break any rule.
Extreme gut feeling trader
  • #37,608
  • Jun 9, 2024 10:49pm Jun 9, 2024 10:49pm
Quoting Expo33
{quote} Nope. Still "under review" on day 9 which really is the strategy. It's not like they are short staffed and have been "reviewing" my trades for 9 days. Make trader wait 2 weeks and hope they blow their account or hit the trailing drawdown. If they are paying out traders in one day that have previous payouts and they make new payouts wait 2 weeks? Seems a bit strange but that's apparently the playbook for APEX. No big deal, already knew that when I started with them.
Pardon my question but I have nor been yet in that exclusive group of the savages those that achieve a payout in Apex.

I thought that when the payout request is summited they deducted automatically the amount of the account, the payout is pending of analysis and if people blow the account they still receive the payout. Where am I wrong in this sequence ?
  • #37,609
  • Jun 9, 2024 10:51pm Jun 9, 2024 10:51pm
Quoting Contessa22
{quote} Here’s ACG’s statement a few hours ago. There was an influx of 1-star reviews on their trust pilot prior to this. {image}
What a bunch of clowns.

Quote
Rest assured, that no traders are ever banned from our service without investigations and evidence

But in the meantime they banned a pile of traders without evidence and without bothering investigating such a thing.
  • #37,610
  • Jun 9, 2024 10:54pm Jun 9, 2024 10:54pm
Quoting montygoldy
{quote} Futures have more strict rule. And recently apex updated their rules and refusing payouts if you break any rule.

man you rather go back to forex prop
i think they will stick around 1 or 2
  • #37,611
  • Jun 9, 2024 10:55pm Jun 9, 2024 10:55pm
Quoting Capablanca
{quote} What a bunch of clowns. {quote} But in the meantime they banned a pile of traders without evidence and without bothering investigating such a thing.
yeah man
hopefully they will keep paying me
  • #37,612
  • Jun 9, 2024 10:58pm Jun 9, 2024 10:58pm
Quoting AaronPriest
Also this, waiting to hear any official response to it: {image} {image}
They denied it, which is not surprising. Not the first time a company denies a leak, either to hide it or because they are even incompetent to realize that it happened.

Anyway the guys that posted it say that source is reputable (whatever reputable means in this world of hackers) and says that 2 of the 10 leaked emails are in haveibeenpwned..

https://x.com/DarkWebInformer/status...10847075709278

Edit: Besides, this guy has a good point. Leaked emails can be tested. Leak seem real.
https://x.com/SheikAlgo/status/1800029403784818859
  • #37,613
  • Jun 9, 2024 11:07pm Jun 9, 2024 11:07pm
Long article from Funding Pips with update of rules.
https://fundingpips.com/blog/funding-pips-new-chapter/
  • #37,614
  • Jun 9, 2024 11:11pm Jun 9, 2024 11:11pm
Quoting Capablanca
{quote} Pardon my question but I have nor been yet in that exclusive group of the savages those that achieve a payout in Apex. I thought that when the payout request is summited they deducted automatically the amount of the account, the payout is pending of analysis and if people blow the account they still receive the payout. Where am I wrong in this sequence ?
They DO NOT deduct the amount of the request. You trade "as if" it has been deducted.

If your payout out is pending and you blow your account you do not get the payout. Good strategy by APEX to stall for 2 weeks.
Attached Image (click to enlarge)
Click to Enlarge Name: apex.png Size: 36 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #37,615
  • Jun 9, 2024 11:26pm Jun 9, 2024 11:26pm
Quoting Expo33
{quote} They DO NOT deduct the amount of the request. You trade "as if" it has been deducted. If your payout out is pending and you blow your account you do not get the payout. Good strategy by APEX to stall for 2 weeks. {image}
OK, I see where my error was. Thanks.
So the strategy is to keep trading the account and stop trading it if the account reaches 0.01 above the payout amount requested. This way the payout is paid because we are 0.01 above the threshold (unless there were broken rules).
  • #37,616
  • Edited Jun 10, 2024 12:13am Jun 9, 2024 11:45pm | Edited Jun 10, 2024 12:13am
Quoting Capablanca
{quote} OK, I see where my error was. Thanks. So the strategy is to keep trading the account and stop trading it if the account reaches 0.01 above the payout amount requested. This way the payout is paid because we are 0.01 above the threshold (unless there were broken rules).
The problem with not trading much is if they deny the payout then, in my case, I have to turn 54,500 into 59,000 to request another payout. In the meantime I'm paying the $105 subscription fee.

It really is a brilliant strategy by APEX.

Even if they know they are going to deny my payout it's better for them to wait 2 weeks to see if I blow up the account. That way they are off the hook for the payout and its better for public relations that they didn't have to actually deny my payout. A win win for them. No payout and no stain on their reputation.
Pride always comes before destruction.... -Proverbs 16:18
  • #37,617
  • Jun 10, 2024 1:39am Jun 10, 2024 1:39am
a lot of people disagreed when I was talking about their dirty tricks.
Meanwhile they still upgrade and update. Why they didn't just setup 2 servers - one for evals and other one for PA?
  • #37,618
  • Jun 10, 2024 1:52am Jun 10, 2024 1:52am
It looks like some gripe between Funding pricks and myfundedfx is going on. With one of the support staff of FP blackmailing mffx on trustpilot .

What a lovely industry.
  • #37,619
  • Jun 10, 2024 1:56am Jun 10, 2024 1:56am
another question--- what % weekly return do you guys trading with APEX /whatever make, I haven't signed up yet with a futures firm but make 5-7% weekly in my personal fx account; given all the stringent rules and everything, how much weekly return do you think is feasible?
  • #37,620
  • Jun 10, 2024 2:19am Jun 10, 2024 2:19am
I was rereading the payout section of Apex and I think I'm entitled to a payout if I trade only 10 days in, let's say, 1 or 2 months, right ?
135 traders viewing now