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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 montygoldy
{quote} My goal is to become MULTI MILLIONAIRE AND FASTER.
Monty's HotSauce LLC making millionaires one drop at a time
Pride always comes before destruction.... -Proverbs 16:18
Only Asia,

100 % winners.

Tokyo yet to open.
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Intraday only.
Quoting montygoldy
{quote} Correcting the math made 130K NETT PROFIT after minusing evals cost.. Out of those evals cost biggest losers were forex prop firms where it costed me nearly 700-1000$ per 200k account and i bought nothing less than that.. Futures prop firms are real cheap ones and more profitable ones.... plus i am aim for big dollars payout so even 2k-3k spent in a firm is nothing if i take out minimum 10k per payout out of them..... Surely i can reduce the cost way more for evals but as i always say TIME IS MONEY FOR ME. I WANT LAMBO NOW NOT 5 years after...
So 190k with capital (3.2x fold or 220%), an amazing performance. Plus, the capital is also large, 60k. I wouldn't even spend more than $50 per month on any challenge test that doesn't have a good certainty. I think with your salary as an Engineer, you could already buy a Lambo in 3 years. Impressive that you can keep working your main job while also being a trader. It's very good if the all-time profit exceeds the losses.
“aim small, miss small”
Quoting RoelsMajor
{quote} So 190k with capital (3.2x fold or 220%), an amazing performance. Plus, the capital is also large, 60k. I wouldn't even spend more than $50 per month on any challenge test that doesn't have a good certainty. I think with your salary as an Engineer, you could already buy a Lambo in 3 years. Impressive that you can keep working your main job while also being a trader. It's very good if the all-time profit exceeds the losses.
Exactly as i said it depends on your trading style and plan. My plan is go big or margin call. Plus more than half of those evals cost as i mentioned at the beginning of my prop firm journey when i wasn't profitable.... now its pretty less for example last payout - spend 390$ on mfff 50kx3 (inlcuding 1 reset) and pulled 3600$ payout. Before that apex payout of 27k - after spending around 2k in evals + activation....... In futures investment vs returns are improving exponentially.
Extreme gut feeling trader
By any standard,

500 $ + in a day is good enough.

I am now logging out from this account to trade in other accounts.
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Intraday only.
Quoting RoelsMajor
{quote} So 190k with capital (3.2x fold or 220%), an amazing performance. Plus, the capital is also large, 60k. I wouldn't even spend more than $50 per month on any challenge test that doesn't have a good certainty. I think with your salary as an Engineer, you could already buy a Lambo in 3 years. Impressive that you can keep working your main job while also being a trader. It's very good if the all-time profit exceeds the losses.
They have invented a solution for situations like that: Mouse Jiggler
Quoting montygoldy
{quote} I started playing around in 2017.... Failed miserably till 2019 as i was looking for a holy grail and copying what others were doing. Also everyone always says trading is a marathon not a sprint. But i came in to trading to become RICH QUICKLY not for survival. So i decided to go against the flow and sprint faster and more faster yes it took a while but eventually i made it..... What i have learnt from my trading career till now never make the same mistakes again. If you can rectify the problem and improve it. You become better than 90%...

it gets so easy with time because you get experienced with what you do and did go in your own niche and developed to a master. that is a good way to get good.
and it just started... now you get rewards for 7 years and all depends how long you can do it this way (stay healthy, stay mentally fit, stay out of to toxic relationships..... hold your course). you have now 140k in 7 years since starting with trading. thats a good value , and now the fruits come the next years even more big and bigger...

develop to a master and get big experience in what you do, and you will be better in it against most. thats the key for trading,... finding your way and follow. (and of course without gambling..... you invest small so i would not call you gambler in any way - not at all with your way to live and your salary, you did design all in nice ratio to each other).

hold your course. compliment.
Quoting montygoldy
{quote} I started playing around in 2017.... Failed miserably till 2019 as i was looking for a holy grail and copying what others were doing. Also everyone always says trading is a marathon not a sprint. But i came in to trading to become RICH QUICKLY not for survival. So i decided to go against the flow and sprint faster and more faster yes it took a while but eventually i made it..... What i have learnt from my trading career till now never make the same mistakes again. If you can rectify the problem and improve it. You become better than 90%...

what i did forgot to mention. at the moment you have with this 140k the same like when you would have a salary job where you could take from the salary in nasdaq etf 1000 usd each month for 7 years (if you can take more then 1000 each month then of course you would get more wins with etf), that is with nasdaq average 12 % each year (1 % each month) exactly your amount you have (i know, in last years was much more win in nasdaq , so nasdaq etf would be better , but that was not sure what distribution will happen in what year, so lets calculate the average win). so the slow way would be exactly same point like your fast way, but you would not have this experience now for additional opportunities. now you can have both, add the simple easy slow way to get rich (for near sure) by simple by index etf over time each month together with your trading and have the best of both words.... will make all a different kind of game....like accelerator. (slow and fast together is in general super fast, because possible to add)

that will bring you in the 1 million percentage win group faster then you think its possible.
Quoting OutThere
{quote} They have invented a solution for situations like that: Mouse Jiggler
Thank you, bro, I learned a new term today. However, a more relevant quote may have been written thousands of years ago:- ein chadash tacht hashemesh -
“aim small, miss small”
What do Prop firms do when you break a rule? (Say for example, you go $1 above their daily drawdown limit)
originally i thought that the cheating groups would be banned by the props and make the noise. Instead rise is doing the work for them and now the boycott rise thing is picking steam. Prop firms saved by rise it was not on my bingo card.
Quoting Zennie
What do Prop firms do when you break a rule? (Say for example, you go $1 above their daily drawdown limit)
Usually you lose the account.
Quoting Takisd
originally i thought that the cheating groups would be banned by the props and make the noise. Instead rise is doing the work for them and now the boycott rise thing is picking steam. Prop firms saved by rise it was not on my bingo card.
how exactly is Rise finding out about these cheating groups ?
Quoting Stoneyrocks
{quote} how exactly is Rise finding out about these cheating groups ?
All is traceable up to some point in blockchain, giving some signals that things may be a group (for example, when a lot of accounts from different props end up systematically in the same final account(s).

There was a guy that made a nice work about that and all that seemed a big cheating operation
Quoting navk
By any standard, 500 $ + in a day is good enough. I am now logging out from this account to trade in other accounts. {image}
Did not do much in NY session.

I did accept some loss trades, but overall, a nice profit.

As I said, anything above 500 $ + is good sign

this will avoid liquidation level
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Intraday only.
Quoting Stoneyrocks
{quote} how exactly is Rise finding out about these cheating groups ?
payments to same wallets. Payments to third parties. Its common theme of cheating groups.
a new rise complaint "my sister and I got banned".. Yes of course you did, you pay the same place idiots.
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was spending some time looking at my apex dashboard...... down at the bottom were 2 tabs, one saying dca and another saying probation......

could not think of when i dca or why i would be on probation.........

clicked on them both...... read both probably 4 times..... thought and thought....... both seem directed dead at me......

gave up and contacted apex support..... they got back probably less than an hour..... turns out those tabs are just standard info type material.......

unless you get a email saying specifically you have done wrong, there is nothing to be concerned about......

as long as you don't commit the acts mentioned in those 2 tabs......h
to trade and code, keep both simple... no call to impress....h
@MontyDiamond

Which 1 you like more Apex or MyfundedF ?
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