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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 TraderTero
{quote} They have the worst rules on funded accounts. No vps, no EA's, no news trading, min holding time 2 minutes, max 3 trades per symbol etc. Rules are being changed on fly constantly. People have been waiting for their funded accounts for weeks. No reason to trade with them as there are much better options available. They give 50% discounts in order to collect as much funds they can before their rug pull.
Which better options ? Offers that are comparable from the price please, as FTMO is more than twice expensive so I would not buy from them.
Regarding payouts in futures, I saw this yesterday. Don't know how legit it is but at the end of the day the most important thing is if they pay and how fast.
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Quoting Capablanca
{quote} Be careful with this rule if you go with them. It's easy to make a mistake and 2 mistakes (soft breach) = hard breach. {image}
Some rules will soon disappear they said. This is one rule they will dismiss soon. But all rules so far are all known upfront, so no hidden rules.
Quoting Takisd
{quote} Remove MV. It is just swiftfunding 2.0
Agree, everyone who touch any prop Swift related (not talking about MFFX or futures) should remember how they treated funded traders in Swift. First they promised migrate all accounts to MFFX and than 2-3 weeks later thay said traders who already received refund and at least 1 payment will not be miagrated. So after 3 payments they told me bye bye.
Quoting TrAndy1
{quote} Which better options ? Offers that are comparable from the price please, as FTMO is more than twice expensive so I would not buy from them.
5ers or FXIFY for example. Constantly giving 50% discounts is a big red flag.
Quoting TrAndy1
{quote} Which better options ? Offers that are comparable from the price please, as FTMO is more than twice expensive so I would not buy from them.
Firstly , FTMO has the reputation and will be around for a loooong time …AscendX ?now Quant Tekel , next Rug Pull ?

secondly FTMO refunds the challenge fee , so why going for a “cheap”,risky adventure between the wild animals ?
Quoting TraderTero
{quote} 5ers or FXIFY for example. Constantly giving 50% discounts is a big red flag.
5ers is too expensive then trading on personal is better. FXIFY is not good as they ban you when you make too much payouts. This is certified and fact. Anything else ?
Quoting TrAndy1
{quote} 5ers is too expensive then trading on personal is better
Just like FTMO, the5ers refunds the fee in the high stakes program, what is too expensive then ?!

if you want a quicker refund , you can even get it in the challenge phase with Lux

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easy to see this outperforms by at least 1 lightyear a personal account in terms of return
Quoting TrAndy1
{quote} 5ers is too expensive then trading on personal is better. FXIFY is not good as they ban you when you make too much payouts. This is certified and fact. Anything else ?
Everyone will ban you when you make too big profits. I'd rather pay a bit more in order to substantially increase the likelihood for getting paid. Trading you your own funds is starting to be a very good option nowadays.
Quoting Capablanca
This can't be true according with what they say in their site.

Wrong yet again (“surprise surprise!”).

This time the point you’re missing (in spite of my having explained it expressly and as clearly as I could in my post above) is that what you’re referring to is a recent development, and not representative of the overall position over the last 12 years. As I said above, “during that time, almost all the people who’ve ever passed a Combine have gone onto a genuine, live, funded CME account.”

Anyone reading the thread regularly will appreciate that you can’t or won’t, yourself, distinguish between fact and opinion, but some of us do! What I said above is audited and published. It’s independently verifiable. It isn’t anyone’s opinion. It’s objective and provable. It’s FACTUAL.

We understand that to you, that may not mean anything significant, but to some of us - perhaps to many of us - it does!
Quoting TraderTero
{quote} 5ers or FXIFY for example. Constantly giving 50% discounts is a big red flag.
when is the5ers doing this 50% off?
Quoting KarlKraus
{quote} Wrong yet again (“surprise surprise!”). This time the point you’re missing (in spite of my having explained it expressly and as clearly as I could in my post above) is that what you’re referring to is a recent development, and not representative of the overall position over the last 12 years. As I said above, “during that time, almost all the people who’ve ever passed a Combine have gone onto a genuine, live, funded CME account.” Anyone reading the thread regularly will appreciate that you can’t or won’t, yourself,...
1. If the stats I left are a "recent development" (only 533 traders were moved to live actt), you are admitting that nowadays TST is in fact a trading videogame and no real money is involved for the majority of the traders.

2. This is nothing new. TST has always been a videogame. You said that "all the people who’ve ever passed a Combine have gone onto a genuine". This is 100% false as we see in a 2019 contract. Only traders with a $5,000 profit were moved into real accounts.
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Quoting TrAndy1
{quote} 5ers is too expensive then trading on personal is better. FXIFY is not good as they ban you when you make too much payouts. This is certified and fact. Anything else ?
You're excluding FXIFY because they ban people but then you're defending QT as better than 5ers because of price

That's two different criteria. Either you chose reputation or price. It's difficult to have both.

On reputation you have FTMO, 5ers and I would add CTI, E8 and Audacity.
On second group I don't mind having Maven, Blue, MFFx and Funded Next (if people are not greedy it should work fine).
On the group of new guys around I wouldn't mind of adding Pit Trading and Fintokei.
I'm excluding anyone with trailing DD.
Quoting Capablanca
{quote} You're excluding FXIFY because they ban people but then you're defending QT as better than 5ers because of price That's two different criteria. Either you chose reputation or price. It's difficult to have both. On reputation you have FTMO, 5ers and I would add CTI, E8 and Audacity. On second group I don't mind having Maven, Blue, MFFx and Funded Next (if people are not greedy it should work fine). On the group of new guys around I wouldn't mind of adding Pit Trading and Fintokei. I'm excluding anyone with trailing DD.
What you think about ic funded capa?
Quoting Novazor
{quote} What you think about ic funded capa?
They just started and I've already seen some bad cases in X, specially regarding KYC (we never know if correct or not) and closing accounts after challenges for forbidden things (not specifying).

I'm doing a challenge with them (and others I have not mentioned). I have a reckless list and that's where they are for now, until they prove differently.
Quoting Capablanca
{quote} They just started and I've already seen some bad cases in X, specially regarding KYC (we never know if correct or not) and closing accounts after challenges for forbidden things (not specifying). I'm doing a challenge with them (and others I have not mentioned). I have a reckless list and that's where they are for now, until they prove differently.
I am reading the same things in Trustpilot

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Quoting Capablanca
{quote} 1. If the stats I left are a "recent development" (only 533 traders were moved to live actt), you are admitting that nowadays TST is in fact a trading videogame and no real money is involved for the majority of the traders. 2. This is nothing new. TST has always been a videogame. You said that "all the people who’ve ever passed a Combine have gone onto a genuine". This is 100% false as we see in a 2019 contract. Only traders with a $5,000 profit were moved into real accounts. {image} {image}
It can't be Capa......Karl and Quickly are NEVER wrong, or did you forget?
Quoting Capablanca
You said that "all the people who’ve ever passed a Combine have gone onto a genuine".


Are you deliberately misquoting me, or was it a genuine mistake?

I said “almost all,” not “all”. Not only that, but I even explained why it isn't "all", in some detail!

But carry on trying to “Be Right” if you want: we can all see how important it is to you.
BlueGuardian loses rating on Trustpilot


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Quoting KarlKraus
{quote} Are you deliberately misquoting me, or was it a genuine mistake? I said “almost all,” not “all”. Not only that, but I even explained why it isn't "all", in some detail! But carry on trying to “Be Right” if you want: we can all see how important it is to you.
The misquote was not intentional. Sorry about that.

Anyway, the point is that you're 100% wrong here.

It was not live account for "almost all" in the past 12 years, unless "almost all" were doing +$5000. Proof is in the official contract I left.

It is not "almost all" nowadays either, as they also admit in their oficial site now (proof in a previsou post)

You play with words, I reply with evidence. People can take their own conclusions of who if right and wrong. Who is spreading false information and who is not.

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And, btw, this is not important for me. I've been saying for several years that online prop trading is a videogame, including TST, and I have no problems with it. I don't care how I make money, provided it's legal.

You're the one that take it very personal as soon as someone speaks about TST. I wonder why someone, without any kind involvement, would suffer so much to defend a prop, to the point of even spreading false information, as I just demonstrated you did.
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