Prop Firm Hub | Page 1945 | Forex Factory

Options

Go to
Permalinks
Print Thread

Featured US Prop Firms

Similar Threads

Anyone trading with a Prop firm 32 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

  • #38,881
  • Jul 9, 2024 8:13am Jul 9, 2024 8:13am
Quoting 1odi
{quote} ur so naive friend.. look up Corona viruses, they ve been around since 1960s, tried patent vaccines till 99, no1 managed cos it says in the papers published years ago that the virus mutates! u have an ordinary paracetamol pill tested way more then these miracle vaccines, plus u know beforehand what are the side effects... to say that it wasn t time for testing, that a lie as stated above. The so called media u claim is not corropted in Europe is bought and paid for. they wouldn t manage without it to implement the sort of draconian laws...
Maybe you should pay attention to your own sources and get some help.
  • #38,882
  • Jul 9, 2024 8:13am Jul 9, 2024 8:13am
Quoting navk
{quote} Thank you very much. And another question. Like prop firm, is there any breach of account when risk engine says too much risk is taken ? And one trader can sign up only once ?
There is no breach of account.

The more you over leverage the more the risk gets reduced so any investor capital gets protected by a trader that might go crazy and revenge trade.

You can open multiple accounts but each account needs to be opened with a different email address. I am in the calibration phase of my second forex account.

This video, if you haven't seen it already, explains very well the philosophy and mechanics of how the risk engine functions. It's worth watching

https://m.youtube.com/watch?v=u0drPw...0&t=5s&pp=iAQB
Pride always comes before destruction.... -Proverbs 16:18
  • #38,883
  • Jul 9, 2024 8:18am Jul 9, 2024 8:18am
Quoting sampat
{quote} So as per darwinex they expect your positions to be 1 lot (since with 2 its 0.48) so they don't want to use any leverage. I think higher the risk factor easy to move darwin and less risk.
Well now that I'm up to 0.78 what do they expect? I'll keep my positions capped at 2 lots going forward. That's plenty of leverage to earn 3-5%.

Now if I could only not suck at trading everything will
work out
Pride always comes before destruction.... -Proverbs 16:18
  • #38,884
  • Jul 9, 2024 8:37am Jul 9, 2024 8:37am
Quoting Expo33
{quote} I really don't fully understand how it works. All I can say is that I wanted to get my first allocation fast so I started revenge trading 10-12 lots. The risk engine obviously picks up on that and immediately reduces the risk factor. I was told it takes 45 days to readjust. So I traded basically 2 lots for one trade at a time for 60 days and the engine finally readjusted. The big picture for the forex account is you don't ever really need to trade more than 1-2 lots to achieve 3-5% a month. If you do that I think the risk engine would stay...
Yes, mine was at 1.82 after the initial 15 day calibiration phase. They align the risk to match all of the darwins. So, if you overleverage, they reduce, if you trade small, they multiply.
The great thing is you literally only worry about minimal DD and RR, you need not worry about sizing, the risk engine does it for you. I'm trading futures on a 1,000,000 account....I trade 6 minis on DOW, 5 on S&P and 3 on NAS. I aim for $3,000 per day......but the risk engine will credit me with $5,400.
Keep in mind, I will always trade on a 1,000,000 account, but I will get paid on the %of profit on my actual allocation. This is another great thing, no need to worry about sizing to your actual allocation.
If you are truly looking to trade large funds AND you can trade, this is the way to go.
With that being siad, there are literally thousands, probably tens of thousands of darwins and only a small % make any significant money.
  • #38,885
  • Jul 9, 2024 8:41am Jul 9, 2024 8:41am
Quoting TraderTero
{quote} Maybe you should pay attention to your own sources and get some help.
He doesn't need help, these are facts. Some folks choose to ignore facts so as not to change their views/beliefs. Perhaps you need the help.
  • #38,886
  • Jul 9, 2024 8:55am Jul 9, 2024 8:55am
Quoting pipmaster77
{quote} He doesn't need help, these are facts. Some folks choose to ignore facts so as not to change their views/beliefs. Perhaps you need the help.
Climate change is a fact believe or not and none of his claims are proven facts. Do your your research and don't believe in fairy tales and DT.
  • #38,887
  • Jul 9, 2024 9:13am Jul 9, 2024 9:13am
Quoting Expo33
{quote} There is no breach of account. The more you over leverage the more the risk gets reduced so any investor capital gets protected by a trader that might go crazy and revenge trade. You can open multiple accounts but each account needs to be opened with a different email address. I am in the calibration phase of my second forex account. This video, if you haven't seen it already, explains very well the philosophy and mechanics of how the risk engine functions. It's worth watching https://m.youtube.com/watch?v=u0drPw...0&t=5s&pp=iAQB...
Do they offer 100k account on calibration phase ?

What leverage offered ? And when a calibration phase ends ?

Thanks for your replies.
Intraday only.
  • #38,888
  • Jul 9, 2024 9:17am Jul 9, 2024 9:17am
Quoting navk
{quote} Do they offer 100k account on calibration phase ? What leverage offered ? And when a calibration phase ends ? Thanks for your replies.
All accounts starts with 100K all the time irrespective of any stage. After calibration P&L and account remains same. Nothing changes...
CFD type of account:

  1. Up to 30:1 for forex pairs.
  2. Up to 20:1 for commodities.
  3. Up to 20:1 for indices.
  4. 5:1 for all US stocks & US ETFs.

  • #38,889
  • Jul 9, 2024 9:19am Jul 9, 2024 9:19am
Dont know if anyone already mention this but icfunded now accepting europeans
  • #38,890
  • Jul 9, 2024 9:21am Jul 9, 2024 9:21am
Quoting sampat
{quote} All accounts starts with 100K all the time irrespective of any stage. After calibration P&L and account remains same. Nothing changes... CFD type of account: Up to 30:1 for forex pairs. Up to 20:1 for commodities. Up to 20:1 for indices. 5:1 for all US stocks & US ETFs.
thank you
Intraday only.
  • #38,891
  • Jul 9, 2024 9:23am Jul 9, 2024 9:23am
Quoting sampat
{quote} All accounts starts with 100K all the time irrespective of any stage. After calibration P&L and account remains same. Nothing changes... CFD type of account: Up to 30:1 for forex pairs. Up to 20:1 for commodities. Up to 20:1 for indices. 5:1 for all US stocks & US ETFs.
when they consider calibration phase ends ? I mean some profit target is set or number of days is set within which risk engine analyzes ?
Duration of calibration phase ?
Intraday only.
  • #38,892
  • Jul 9, 2024 9:35am Jul 9, 2024 9:35am
Quoting navk
{quote} when they consider calibration phase ends ? I mean some profit target is set or number of days is set within which risk engine analyzes ? Duration of calibration phase ?
Never any profit target. The rating calculator will tell you the percent you need to earn to get an allocation.

Calibration phase is 15 trading days. Just trade like normal and then they will set your Darwin Index.

All of this is explained in their video playlist.
Pride always comes before destruction.... -Proverbs 16:18
  • #38,893
  • Jul 9, 2024 9:57am Jul 9, 2024 9:57am
Quoting TraderTero
{quote} Climate change is a fact believe or not and none of his claims are proven facts. Do your your research and don't believe in fairy tales and DT.
yes, that s a fact/ Climate chnge is REAL. and it has been changing constantly since s the Earths inception, but it s not gonna change to a degree that s gonna wipe out humanity. Actually, the temparature on Earth was hotter then it is today by few degrees, not according to me, according to geologist studies that are public knowledge since they ve been PUBLISHED.
they are not My sources, they re every1s sources......... do u even know how much the human population is to blame for the co2? throw in the cow that eats grass and farts metane...??
Seek help? i guees that s the quota in this day and age...(if u r not part of a minority or don t believe in climate change, or u don t support immigrants that rape , kill and rob people u r a RACIST), u should seek hellp~
I didn t make any claims, i just pointed out some simple facts that are easily found published online that despute ur crazy narrative end of the world as we know it scenario. If curious u can do the research for urself, i ain t gonna bother for ignorant people that just like to post trash without even looking things up in the first place.
to end this debacle>>> i might have taken the vaccine myself if>>> 1) was a new virus not 1 tha s been tested and couldn t find a vaccine cos it mutates since the 60s/>>2) i wanted to see proper trials beeing made, results , findings and known side effects, but that wasn t possible. Moreover, Pfizer seeked no liability, lke other Pharma moguls in which contracts isn t stipulated. Matter of fact, just a few lines are left visible in that contract with EU////so seek no damages if injured, death etc..seemed like a mass experiment to me so i opted out...my choice!
i believe in immigration, but u can t go in some1s house and change the rules, tell them how to live etc if not u stat hurting people...that s not immigration. If u mgrate u play by the rules of the house, if not move on...
Bud, u should try and read a tad more before coming on here like Greta and scream scorched earth but u have no idea why....
PS> Just look at what America has for a president and then tell me with a straight face that the world is ending...i ll believe you...
  • #38,894
  • Jul 9, 2024 10:08am Jul 9, 2024 10:08am
Quoting 1odi
{quote} yes, that s a fact/ Climate chnge is REAL. and it has been changing constantly since s the Earths inception, but it s not gonna change to a degree that s gonna wipe out humanity. Actually, the temparature on Earth was hotter then it is today by few degrees, not according to me, according to geologist studies that are public knowledge since they ve been PUBLISHED. they are not My sources, they re every1s sources......... do u even know how much the human population is to blame for the co2? throw in the cow that eats grass and farts metane...??...
Guys, try to stay on topic , keep corona and climate for the bar after work …
  • #38,895
  • Jul 9, 2024 10:08am Jul 9, 2024 10:08am
Quoting Novazor
Dont know if anyone already mention this but icfunded now accepting europeans
since when is this ?
  • #38,896
  • Jul 9, 2024 10:15am Jul 9, 2024 10:15am
Quoting 1odi
{quote} yes, that s a fact/ Climate chnge is REAL. and it has been changing constantly since s the Earths inception, but it s not gonna change to a degree that s gonna wipe out humanity. Actually, the temparature on Earth was hotter then it is today by few degrees, not according to me, according to geologist studies that are public knowledge since they ve been PUBLISHED. they are not My sources, they re every1s sources......... do u even know how much the human population is to blame for the co2? throw in the cow that eats grass and farts metane...??...
Amen..........................
oh, you forgot about the 23 genders that now exist as well.
  • #38,897
  • Jul 9, 2024 10:15am Jul 9, 2024 10:15am
Quoting Novazor
Dont know if anyone already mention this but icfunded now accepting europeans
Is ICfunded really linked to IcMarkets? if yes, that could be a good thing in my opinion hinting of things to come
  • #38,898
  • Jul 9, 2024 10:20am Jul 9, 2024 10:20am
Quoting pipmaster77
{quote} Amen.......................... oh, you forgot about the 23 genders that now exist as well.

there are many things i left out cos to speak of them seems like encouragement lol
if some1 would ve told me 25 years ago we d be living in Star trek i would ve never believed it
  • #38,899
  • Jul 9, 2024 10:22am Jul 9, 2024 10:22am
Quoting Novazor
Dont know if anyone already mention this but icfunded now accepting europeans
Thanks for mentioning. Didn't know about that. Tomorrow I'll read the conditions to see if there is anything weird and will fire some chips on it. Or maybe I don't even read the conditions and then blame they scammed me for enforcing a rule.

It's definitely one I don't mind to test while they're new. I did the same in FXIFY and was not bad so far.

P.S. I hope it's not a problem if I'm talking about props here ? I don't want to disturb anyone.
C'mon guys, please don't divert this into a politic topic. Thanks.
  • #38,900
  • Jul 9, 2024 10:24am Jul 9, 2024 10:24am
Quoting 1odi
Is ICfunded really linked to IcMarkets?
Yes. They have the same owners.

Quoting 1odi
if yes, that could be a good thing in my opinion hinting of things to come
I believe exactly the opposite. For me, it’s a huge red flag.
24 traders viewing now