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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

Attachments: Prop Firm Hub
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Prop Firm Hub

Quoting maltrader
Anyone else having trouble logging in to their Apex Rithmic accounts? They said it was fixed in their discord, but I'm still having troubles logging in. Topstep and Bulenox Rithmic work just fine.
I am, keeps logging me out and now I can't get back in. I even refreshed Rithmic which took forever to load when normally it's instant. I installed the latest update too.
Quoting pipmaster77
Anyone experience a delay in receiving PA for signature and payment with apex lately? Passed 2 more evals today, looking back at my others, I always received notification around 6-6:05 eastern. I only traded 8 days, but I purchased and completed while the 1 day to pass sale is on. Not worried as they say up to two business days, it has just been immediate upon next day market open every time prior.
Sometimes I get at 7 or 8 and recently at 12 EST at night.
Another Quantower/Apex issue I had trying to open a trade during the Asian session. It rejected my NQM4 (1) lot/ size order. I had to switch over to micros. I have (4) 50K evals account at the moment. Has anyone experienced this. I always set OCO take profit and stop loss before I take a trade
Quoting coastie0194
Another Quantower/Apex issue I had trying to open a trade during the Asian session. It rejected my NQM4 (1) lot/ size order. I had to switch over to micros. I have (4) 50K evals account at the moment. Has anyone experienced this. I always set OCO take profit and stop loss before I take a trade
Had the opposite the other day, had to trade minis on NQ as there was no feed for micros.
what futures prop firm have competition or trial. please recomend me, i wanna demo futures trading.
Quoting Markula
{quote} you can do "darwinex zero" in USA ??? looks good though
Yes.

Darwinex zero was specifically created for the countries that have very burdensome regulations like the US and Canada. Darwinex (the broker) is not licensed to do business in the US or Canada. Instead, we trade virtual funds to create a "signal" account. Then the trader gives their permission to Darwinex Zero to use their signals and in doing so the trader can ultimately secure the ability to trade real capital from real investors without the need for a live Darwinex broker account.

A pretty nifty end around by the CEO of Darwinex. How regulators look at this model is beyond my limited knowledge.
Pride always comes before destruction.... -Proverbs 16:18
Quoting Expo33
{quote} Yes. Darwinex zero was specifically created for the countries that have very burdensome regulations like the US and Canada. Darwinex (the broker) is not licensed to do business in the US or Canada. Instead, we trade virtual funds to create a "signal" account. Then the trader gives their permission to Darwinex Zero to use their signals and in doing so the trader can ultimately secure the ability to trade real capital from real investors without the need for a live Darwinex broker account. A pretty nifty end around by the CEO of Darwinex....
awesome, thanks for explanation
Quoting Expo33
{quote} Yes. Darwinex zero was specifically created for the countries that have very burdensome regulations like the US and Canada. Darwinex (the broker) is not licensed to do business in the US or Canada. Instead, we trade virtual funds to create a "signal" account. Then the trader gives their permission to Darwinex Zero to use their signals and in doing so the trader can ultimately secure the ability to trade real capital from real investors without the need for a live Darwinex broker account. A pretty nifty end around by the CEO of Darwinex....
I do know that everything they have that is investor facing is heavily regulated. The CEO has a great interview on this. The broker is heavily regulated, their hedge fund is heavily regulated.....we are just signal providers. This is actual the real deal of what all of the prop firms we traded with were claiming to be. Hence, the 15% performance fee...they get 20%, which is global standard and then split 75/25 with us.

Inserted Video
People here.... Is Apex dashboard updating ?????
Extreme gut feeling trader
Day 8....

1. Current Running trade nearly there... breakeven stoploss so risk free.
2. THinking of flipping for next 2 days.
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Extreme gut feeling trader
Quoting pipmaster77
{quote} Had the opposite the other day, had to trade minis on NQ as there was no feed for micros.
Next time try with logging out and in. Worked for me several days ago. Got the advice from Quantower discord.

Quoting coastie0194
Another Quantower/Apex issue I had trying to open a trade during the Asian session. It rejected my NQM4 (1) lot/ size order. I had to switch over to micros. I have (4) 50K evals account at the moment. Has anyone experienced this. I always set OCO take profit and stop loss before I take a trade
I can recommend everyone to check their Discord first.
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Quoting pipmaster77
{quote} I do know that everything they have that is investor facing is heavily regulated. The CEO has a great interview on this. The broker is heavily regulated, their hedge fund is heavily regulated.....we are just signal providers. This is actual the real deal of what all of the prop firms we traded with were claiming to be. Hence, the 15% performance fee...they get 20%, which is global standard and then split 75/25 with us. https://www.youtube.com/watch?v=TiSeiIEzWew
fantastic video.
A snails pace wins the race :-)
Quoting montygoldy
Day 8.... 1. Current Running trade nearly there... breakeven stoploss so risk free. 2. THinking of flipping for next 2 days. {image}
Unlucky first setup hit breakeven.. missed tp by .8 points

second time tp hit
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Extreme gut feeling trader
I don't like darwinex. Mostly because I dont like subscription models but also because there are certain elements of the math early on that don't make sense. I get the regulation, I get the traditional 2 and 20 models, I get the scoring. But what I don't get is after the score is achieved why the subscription requirement? If you are actually pushing funds to market and taking them away so simply and dragging them on for months then why the monthly?

People gotta eat sure I get that.

I also don't get the existing prop model as well, how it got to 90-100% profit split. Does any reasonable person think that this is reasonable on real funds? Traders are crying foul when they are b-booked but if the lions share of a-book profit is given back to the trader there is no alpha.

Traditional brick and mortar arcades would go as high as 65% profit split for the long term traders in the office but start as low as 30-50% once you got onto the desk. If the profit split on the retail props was 65% would we have this insolvency epidemic going on? I don't think so.
Quoting Takisd
If the profit split on the retail props was 65% would we have this insolvency epidemic going on? I don't think so.

LOL - you just have no clue at all how the industry works.

What you said is effectively the same as comparing a large group of small restaurants, all in competition with each other, and asking whether they’d still mostly be going out of business if they were buying their fish at the market for $25 per kilo instead of $30, but without understanding that (unless they’re serving caviar and champagne, maybe) ingredient costs have almost no impact at all on their bottom line.

In short, you just don’t know what you’re talking about.

As usual.
Quoting KarlKraus
{quote} LOL - you just have no clue at all how the industry works. What you said is effectively the same as comparing a large group of small restaurants, all in competition with each other, and asking whether they’d still mostly be going out of business if they were buying their fish at the market for $25 per kilo instead of $30, but without understanding that (unless they’re serving caviar and champagne, maybe) ingredient costs have almost no impact at all on their bottom line. In short, you just don’t know what you’re talking about. As usual.
Thank you for your constructive contribution, most likely whilst touching yourself gently. You are amazing. I hope one day I can be like you.
Funding Pips silently introduced another rule. Trades with less than 2 minutes duration don't count if they are in profit.
https://help.fundingpips.com/en/arti...es-master-only
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Quoting Capablanca
Funding Pips silently introduced another rule. Trades with less than 2 minutes duration don't count if they are in profit. https://help.fundingpips.com/en/arti...es-master-only {image}
With so many new rules does anyone know what you can do or what is still allowed?
APEX is down again this morning. So is Schwab and ThinkOrSwim. All about the same time. Screenshot from downdetector.com
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Tradovate on apex has been working fine for me all morning.
Love Cars & Money !
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