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  • #38,661
  • Jul 4, 2024 1:38am Jul 4, 2024 1:38am
Quoting Markula
{quote} hmmm, I don't know what to make of it yet. It's interesting that after the 15 days are over, it doesn't care anymore about # of days. For me, I know it's gonna take a consistent 2% return to get over 75 and in the high 80s ranking, making a modest allocation of 100k probably by year end. Also starting in the middle of the month I think makes this worse because your monthly return looks low, then it takes longer to build your ranking than if you started on the 1st of a month. I don't understand the logic of what makes him elite. his monthly...
No one said he's elite.

Bottom line is he's made 30% over 10-11 months with a drawdown of 4.5%.

I posted this to make a point. You don't need to be "elite", or make windfall profits, or trade exactly like Markula or expo33. All you need to do is consistently put up green months with a reasonable drawdown and you'll build a base for making money longterm. Don't overthink it.
Pride always comes before destruction.... -Proverbs 16:18
  • #38,662
  • Jul 4, 2024 1:42am Jul 4, 2024 1:42am
Quoting Trader191
{quote} you have the car, you now need to learn how to be the driver for can drive this car so that you survive and get your goals possible with this car. you should design the perfect trading plan for youself, so you define exactly what you do with the wins of each trade, how to act with the losses..... so all is planed already in front without emotions so that you never have to think when emotions in trading start... you then only take care about follow the plan and dont care about "loss or win day" any more, only about "did you follow the trading...
When I was an elite hockey player I enjoyed the team but trading is a solo venture for me.

Been trading since the 1980s so I know how to drive the car
Pride always comes before destruction.... -Proverbs 16:18
  • #38,663
  • Jul 4, 2024 2:13am Jul 4, 2024 2:13am
Quoting Expo33
{quote} No one said he's elite. Bottom line is he's made 30% over 10-11 months with a drawdown of 4.5%. I posted this to make a point. You don't need to be "elite", or make windfall profits, or trade exactly like Markula or expo33. All you need to do is consistently put up green months with a reasonable drawdown and you'll build a base for making money longterm. Don't overthink it.
I understand your point ; I was just stating that as an objective fact since they featured /showcased him and he's like top 100 in Gold league. I hope it goes well for us all
  • #38,664
  • Jul 4, 2024 3:09am Jul 4, 2024 3:09am
Quoting fx_rookie
{quote} I think that this order is in line with your previous trades and it should not be a problem, but with these guys you never know. Have you get an approval on your previous payouts? Yesterday I traded 15 min after the news and immediately got 2 disconnects. I scalp and this is crucial for my trading and focus. I have been sarcastic on their server when they blamed QT this time and asked for a official statement from Rithmic and QT. My posts were deleted and today I am banned from the channel.
with tradovate never had any server issues… yes i had payouts before…
Extreme gut feeling trader
  • #38,665
  • Jul 4, 2024 4:15am Jul 4, 2024 4:15am
I am reading patiently all posts about Darwinex and have to say one thing. It's the best way to learn most important things in trading, discipline and consistency. Anyone who blow accounts often like me but also have bigger wins from time to time should go for it because this model is perfect to learn good habits. After 2-3 years with props i have to say my mindset is not the same it was when trading only my own funds in past. I become more aggressive because i know that stats are in my favour. Knowing that you have to pass one challenge out of 10 and you quickly get to break even after first withdrawal with forex props is opportunity, but from other side this destroyed all good habits in trading.
  • #38,666
  • Jul 4, 2024 4:47am Jul 4, 2024 4:47am
Quoting anthon25
{quote} Bro... settingan di FFnya ga bisa bales DM. MT4 FundedNext sama seperti MT4 pada umumnya. settingan TP & SL sama mudahnya. wa aja ya +16474938133
Thank U very much. Soalnya kemarin ada chat sama Ethan, CS nya Funded Next, ya mungkin bercanda kali dia jelasin fitur Auto Close at Target. Saya kira apa model baru MT4 gak ada fitur SL dan TP nya? Nah kalau kayak gini khan jelas sudah.

(Thank you very much. Yesterday, I had a chat with Ethan, the representative of Funded Next. Maybe he was joking when he explained the Auto Close at Target features. I thought they have a new MT4 model that do not have the SL and TP features. Now, it's clear.) - Please understand, I am getting old.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #38,667
  • Jul 4, 2024 5:05am Jul 4, 2024 5:05am
Stocknet Institute is closing doors.
https://x.com/matthewsiworld/status/1808792137309233342
  • #38,668
  • Jul 4, 2024 5:52am Jul 4, 2024 5:52am
Quoting Capablanca
Stocknet Institute is closing doors. https://x.com/matthewsiworld/status/1808792137309233342
Yes, just like that, Discord channell blocked, what a world! ( "Siworld"). No warning, just from one minute to the other.This trading casino is getting wilder and ruthless by the hour.
  • #38,669
  • Jul 4, 2024 6:07am Jul 4, 2024 6:07am
"Clean way of closing for a prop". in Spanish it is called CHAU, bye-bye, hasta la vista, and thanks for generously sharing your money with us, dear clients.It was a pleasure working with you.


"Please note the following key points of our closure and how it will affect your account:

  1. Closure Date: On Friday 26th July at 17:00 GMT+1 all accounts will be disabled and trading halted.
  2. Account Disabling: From the Closure Date, you will not be able to access your SI account or trading account.
  3. Closure Process: On Wednesday 31st July, you will receive an email providing information on your refund eligibility."

  • #38,670
  • Jul 4, 2024 6:09am Jul 4, 2024 6:09am
What's up with Apex's Discord server? Most of the (chat) channels are gone...
  • #38,671
  • Edited 6:41am Jul 4, 2024 6:14am | Edited 6:41am
Quoting Expo33
{quote} No one said he's elite. Bottom line is he's made 30% over 10-11 months with a drawdown of 4.5%. I posted this to make a point. You don't need to be "elite", or make windfall profits, or trade exactly like Markula or expo33. All you need to do is consistently put up green months with a reasonable drawdown and you'll build a base for making money longterm. Don't overthink it.
Actually, 31% returns vs 4.5% max drawdown is in elite territory if he can keep it up... A sharpe ratio >4 for almost a year is fantastic and the exact kind of performance conservative investors like to see. The virtual money over risk returns > bust account > hit reset button retail prop market has really distorted what great trading performance is actually supposed to look like.
  • #38,672
  • Edited 7:02am Jul 4, 2024 6:16am | Edited 7:02am
Quoting Olarion1975
What's up with Apex' Discord server? Most of the channels are gone...
Most likely bot/role related and not many working today. Keep calm, trade on and it will most likely be back soon.

Edit:
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  • #38,673
  • Jul 4, 2024 6:48am Jul 4, 2024 6:48am
Quoting Capablanca
{quote} You can't get wrong sticking with FTMO and 5ers
thanks buddy. I see ftmo has the same news trading rule btw. Anyway In myfundedfx there is a very stupid rule, recently added: “The 50% consistency rule” that means that the profits from one trading day can not be greater than 50% of total profits made. Do FTMO or 5er have something similar?
  • #38,674
  • Edited 7:07am Jul 4, 2024 6:54am | Edited 7:07am
Quoting Expo33
{quote} When I was an elite hockey player I enjoyed the team but trading is a solo venture for me. Been trading since the 1980s so I know how to drive the car
then you do it even longer than me, i am "only" 30 years in the financial markets. respect.
then for sure you love compound interest too.
  • #38,675
  • Jul 4, 2024 6:59am Jul 4, 2024 6:59am
Quoting youngD
I am reading patiently all posts about Darwinex and have to say one thing. It's the best way to learn most important things in trading, discipline and consistency. Anyone who blow accounts often like me but also have bigger wins from time to time should go for it because this model is perfect to learn good habits. After 2-3 years with props i have to say my mindset is not the same it was when trading only my own funds in past. I become more aggressive because i know that stats are in my favour. Knowing that you have to pass one challenge out of...
you have always to make a list about any advantages and disadvantages you get by doing something, and then need to do steps to compensate the disadvantages. for sure you pay with bigger disadvantages in prop like lower longterm wins (even much lower if you are good trader) against real account and much less good trading habits. on other side you have some advantages. so always a trade off.
  • #38,676
  • Jul 4, 2024 7:27am Jul 4, 2024 7:27am
Quoting Boulder
{quote} yayy!! , I traded topstep 6 days with 5 winning Days of $200+.. going to get paid... this will be my first payout in futures accounts... lets see how that goes with its payout process... love topstepx so far..
Very smooth payout process by topstep, from signing up all paperwork to ACH payment hit my bank account. The whole process took 7 calendar days.
  • #38,677
  • Jul 4, 2024 7:42am Jul 4, 2024 7:42am
Quoting Capablanca
Stocknet Institute is closing doors. https://x.com/matthewsiworld/status/1808792137309233342
It was written in the wall since they stopped supporting MT4 2 weeks back. Not sure how one can survive without MT4 in forex.
  • #38,678
  • Jul 4, 2024 8:29am Jul 4, 2024 8:29am
Quoting Boulder
{quote} Very smooth payout process by topstep, from signing up all paperwork to ACH payment hit my bank account. The whole process took 7 calendar days.
ACH is american bank, right ?
Interesting to see how the second payout will be, now that all paperwork is done and things organized.
  • #38,679
  • Jul 4, 2024 8:37am Jul 4, 2024 8:37am
Quoting Olarion1975
What's up with Apex's Discord server? Most of the (chat) channels are gone...
check the notice board section…
Extreme gut feeling trader
  • #38,680
  • Jul 4, 2024 9:01am Jul 4, 2024 9:01am
Quoting Capablanca
{quote} ACH is american bank, right ? Interesting to see how the second payout will be, now that all paperwork is done and things organized.
Yes
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