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  • #301
  • Nov 3, 2024 7:09am Nov 3, 2024 7:09am
Quoting BlackOpz
{quote} I think all prior trading records will be smashed! The 100K will boost performance fees just by itself. The hall of fame doesnt track with the current huge Gold allocations people are being awarded (prob rise over time). Trader gain percent is higher these days too they just dont have long track records yet. I expect a LOT of turnover on that list over the next 2-3 years. Thales THA is at the top of Gold hall-of-fame and their track record is long.
Better traders and perhaps better marketing by Darwinex or it simply grows by word of mouth. I am certain Darwinexzero (only been around under 2 years) has created some new growth. The 100K permanent allottment should as well. Keep in mind also, the demise of all the forex "props".
Obviously, one never knows until we get there, but at this point, this is as close to getting funded with real capital with a regulated entity we are going to get from a remote opportunity with a low barrier of entry.
  • #302
  • Edited 7:43am Nov 3, 2024 7:24am | Edited 7:43am
Quoting sheva89
{quote} It will be extremely difficult to get 100k per year. If we are getting 2% per month or 20% per year, I expect we get monthly allocation from 100k to 500k per month (3 months consecutive allocation from silver and 6 months from gold) without investor’s capital. So performance fees I expect is anywhere between 300 to 1500 per month (which is not a lot.) However it can increase further if you can attract investors. The only problem with Darwinex is it is not that popular, even with the top investor THA with 10 years long track record, he only...
If can be profitable at low win rates BUT they assume you're carrying max possible allocation with only 2% to 3% gain. Maybe it was possible to be at the top of Gold at 3% once but not anymore. Golds top prize is 500K. Win it 6 months in a row that 3 Million BUT you cant do that with 2%. Last month 2% would have gotten you 75K so Best-Case Scenarios: Winning same Gold allocation every month without investor funds.

2%: 75Kx6=450K - 450*0.02=9K - 9K*0.15=1,350 - 1,350*6mo=8,100 - 2x per year 16,200.
Add 100K: 175Kx6=1,050,000 - 1M*0.02=21K - 21K*0.15=3,150 - 3,150*6mo=18,900 - 2x per year 37,800.

My goal is 5%: 120Kx6=720K - 720*0.05=36K - 36K*0.15=5,400 - 5,400*6mo=32,400 - 2x per year 64,800.
Add 100K: 220Kx6=1,320,000 - 1.32M*0.05=66K - 66K*0.15=9,900 - 9,900*6mo=59,400 - 2x per year 118,800.

100K is a Game-Changer. Its turns even the lowest returns into a living wage. Add a few jackpot months where you gain more than average and you could be doing pretty well. Its also realistic the think you could almost 2X these results with matching investor funds. The 5% would attract that and the 2% a portion of that.
  • #303
  • Nov 3, 2024 7:52am Nov 3, 2024 7:52am
Quoting BlackOpz
{quote} If can be profitable at low win rates BUT they assume you're carrying max possible allocation with only 2% to 3% gain. Maybe it was possible to be at the top of Gold at 3% once but not anymore. Golds top prize is 500K. Win it 6 months in a row that 3 Million BUT you cant do that with 2%. Last month 2% would have gotten you 75K so Best-Case Scenarios: Winning same Gold allocation every month without investor funds. 2%: 75Kx6=450K - 450*0.02=9K - 9K*0.15=1,350 - 1,350*6mo=8,100 - 2x per year 16,200. Add 100K: 175Kx6=1,050,000 - 1M*0.02=21K...
So, just so I am clear on the math......isn't the 100K a ONE TIME permanent allocation, so assuming 1st month 75k allocation plus the 100K, you'd have 175K.
However, the second moth wouldn't you ONLY be adding another 75K, so trading 250K, 325K the third, 400K the 4th, 475 and then 550K.
Not clear on the multiplying 175K times 6 as you are not getting the 100K ADDED every month.
It's early and I am not fully caffeinated yet, so please excuse me if I am missing something.
  • #304
  • Nov 3, 2024 8:00am Nov 3, 2024 8:00am
Quoting pipmaster77
{quote} So, just so I am clear on the math......isn't the 100K a ONE TIME permanent allocation, so assuming 1st month 75k allocation plus the 100K, you'd have 175K. However, the second moth wouldn't you ONLY be adding another 75K, so trading 250K, 325K the third, 400K the 4th, 475 and then 550K. Not clear on the multiplying 175K times 6 as you are not getting the 100K ADDED every month. It's early and I am not fully caffeinated yet, so please excuse me if I am missing something.
Gold allocations stick for 6 months so if you qualify every month you'd be carrying a stack of 6X allocations after the first 6 months (my math is jumping ahead). Yes, the 100K is one-time cost permanent so after it activates you can add it to the bottom line.
  • #305
  • Nov 3, 2024 8:05am Nov 3, 2024 8:05am
Quoting BlackOpz
{quote} Gold allocations stick for 6 months so if you qualify every month you'd be carrying a stack of 6X allocations after the first 6 months.
Yes, I know that. So 75k *6 = $450K. It's the 100K I'm confused about, you don't add tha every month, just 1 time, correct?
So wouldn't it be 75K+100K=175 K and then 5*75K adding another $375K for a total of $550K.....vs. the 1,050,000, as you have added the 100K 5 more times.
  • #306
  • Nov 3, 2024 8:10am Nov 3, 2024 8:10am
Quoting pipmaster77
{quote} Yes, I know that. So 75k *6 = $450K. It's the 100K I'm confused about, you don't add tha every month, just 1 time, correct? So wouldn't it be 75K+100K=175 K and then 5*75K adding another $375K for a total of $550K.....vs. the 1,050,000, as you have added the 100K 5 more times.
Add the 100K as allocation every month as quick math but in truth it has its own HWM so it pays later but it still adds to monthly earn. Just on a different check. Once the 100k is activated you always have a baseline 100k forever. Allocations add to it.

I'm adding it as trading allocation every month.. Your math isnt accounting for the fact that every month the 100K is there already.
  • #307
  • Nov 3, 2024 8:13am Nov 3, 2024 8:13am
Quoting pipmaster77
{quote} Yes, I know that. So 75k *6 = $450K. It's the 100K I'm confused about, you don't add tha every month, just 1 time, correct? So wouldn't it be 75K+100K=175 K and then 5*75K adding another $375K for a total of $550K.....vs. the 1,050,000, as you have added the 100K 5 more times.
So first moth in gold you get 75K, you have added the 100K back in silver and already activated it by this point......
so you will trade 175K first month of gold, assuming the 2% return example getting you 75K.....
2nd month you are trading 250K
3rd month 325K, etc, etc
until 6 month and beyond, you are at 550K assuming only 75K allocations and no investor capital
  • #308
  • Nov 3, 2024 8:15am Nov 3, 2024 8:15am
Quoting BlackOpz
{quote} Add the 100K as allocation every month as quick math but in truth it has its own HWM so it pays later but it still adds to monthly earn. Just on a different check. Once the 100k is activated you always have a baseline 100k forever. Allocations add to it.
Right, I get it. In your example though you are adding a NEW 100K allocation every month by taking the 175K and multiplying it x 6.
The 75K certainly gets multiplied by 6, but the 100K is ONE TIME.
  • #309
  • Nov 3, 2024 9:08am Nov 3, 2024 9:08am
Quoting BlackOpz
{quote} If can be profitable at low win rates BUT they assume you're carrying max possible allocation with only 2% to 3% gain. Maybe it was possible to be at the top of Gold at 3% once but not anymore. Golds top prize is 500K. Win it 6 months in a row that 3 Million BUT you cant do that with 2%. Last month 2% would have gotten you 75K so Best-Case Scenarios: Winning same Gold allocation every month without investor funds. 2%: 75Kx6=450K - 450*0.02=9K - 9K*0.15=1,350 - 1,350*6mo=8,100 - 2x per year 16,200. Add 100K: 175Kx6=1,050,000 - 1M*0.02=21K...
Agree with the 1st part and what Pip saying
If you add 100k permanent allocation
for 2%, each month profit will be 300, for 12 months - 300 x 12 = 3600
for 5%, each month profit will be 750, for 12 months - 750 x 12 = 9000

2%: 75Kx6=450K - 450*0.02=9K - 9K*0.15=1,350 - 1,350*6mo=8,100 - 2x per year 16,200.
With 100k allocation, it will be 16,200 + 3600 = 19800

5%: 120Kx6=720K - 720*0.05=36K - 36K*0.15=5,400 - 5,400*6mo=32,400 - 2x per year 64,800.
With 100k allocation, it will be 64800 + 9000 = 73800.
  • #310
  • Nov 3, 2024 9:38am Nov 3, 2024 9:38am
Quoting sheva89
{quote} Agree with the 1st part and what Pip saying If you add 100k permanent allocation for 2%, each month profit will be 300, for 12 months - 300 x 12 = 3600 for 5%, each month profit will be 750, for 12 months - 750 x 12 = 9000 2%: 75Kx6=450K - 450*0.02=9K - 9K*0.15=1,350 - 1,350*6mo=8,100 - 2x per year 16,200. With 100k allocation, it will be 16,200 + 3600 = 19800 5%: 120Kx6=720K - 720*0.05=36K - 36K*0.15=5,400 - 5,400*6mo=32,400 - 2x per year 64,800. With 100k allocation, it will be 64800 + 9000 = 73800.
So, if can just secure 1 million in investor capital, on top of the above
@ 2%, you're at 52K per year
@ 5%, you're at 154K per year
Somewhere in between is highly attainable for an experienced trader.
  • #311
  • Nov 3, 2024 9:59am Nov 3, 2024 9:59am
Quoting pipmaster77
{quote} So, if can just secure 1 million in investor capital, on top of the above @ 2%, you're at 52K per year @ 5%, you're at 154K per year Somewhere in between is highly attainable for an experienced trader.
Yes, the aim is to reach there.
  • #312
  • Nov 3, 2024 1:21pm Nov 3, 2024 1:21pm
Quoting OutThere
{quote} I went looking for manna from heaven traders to see how much manna they got. Obvious place to go was the hall of fame list that someone already posted. https://www.darwinex.com/darwinia/hall-of-fame On that page, the 1st 6 are corporations or not available. The 7th one, OakLadder (ERQ) is available and currently active. He has made 153,096.24 € Performance fees since the beginning which was 04/08/2014. Roughly 10 years. Less the 120 monthly sub fees of course. 239% profit and 1.7m under management. Big time trader. So, he made...
Another stupid comparison.

Did he/she/they/them/it earn 3% a month for 42% a year?

Of course not. Not even close. Earned 42% total for the last SIX YEARS.

But I get it. You're trying to refute the potential of Darwinex by showing your lack of critical thinking skills.

Anyways, thx for highlighting your stupidity.
Pride always comes before destruction.... -Proverbs 16:18
  • #313
  • Nov 3, 2024 6:28pm Nov 3, 2024 6:28pm
Quoting Expo33
{quote} Another stupid comparison. Did he/she/they/them/it earn 3% a month for 42% a year? Of course not. Not even close. Earned 42% total for the last SIX YEARS. But I get it. You're trying to refute the potential of Darwinex by showing your lack of critical thinking skills. Anyways, thx for highlighting your stupidity.
Out of respect for the op and other helpful and very smart participants of this thread, I spared embarrassing you publicly by deleting my responses to you.
Kindly go back to prop thread where you like to post your Darwinex stuff and DO NOT COMMENT ON ANYTHING I WRITE IN THIS THREAD.
  • #314
  • Nov 3, 2024 7:24pm Nov 3, 2024 7:24pm
Quoting OutThere
{quote} Out of respect for the op and other helpful and very smart participants of this thread, I spared embarrassing you publicly by deleting my responses to you. Kindly go back to prop thread where you like to post your Darwinex stuff and DO NOT COMMENT ON ANYTHING I WRITE IN THIS THREAD.
OR, you could keep your mouth shut and stop posting nonsense.

You got called out, exposed, and put in your place. Your post had ZERO to do with the parameters laid out in my post.

Please refrain from making a fool of yourself in public.
Pride always comes before destruction.... -Proverbs 16:18
  • #315
  • Nov 3, 2024 7:27pm Nov 3, 2024 7:27pm
Quoting OutThere
{quote}NOT COMMENT ON ANYTHING I WRITE IN THIS THREAD.
The guy who quotes my post showing a trader that has nothing to do with my post now whining in capital letters NOT to comment on his posts.

Kids these days. PATHETIC
Pride always comes before destruction.... -Proverbs 16:18
  • #316
  • Nov 3, 2024 7:39pm Nov 3, 2024 7:39pm
Out of respect for op and the other smart participants in this thread, I will spare you the response you deserve.
  • #317
  • Nov 3, 2024 7:55pm Nov 3, 2024 7:55pm
Quoting OutThere
Out of respect for op and the other smart participants in this thread, I will spare you the response you deserve.
So much for NOT responding. Soooooooo much respect.

Narcissists can NEVER keep their mouth shut
Pride always comes before destruction.... -Proverbs 16:18
  • #318
  • Nov 4, 2024 8:06pm Nov 4, 2024 8:06pm
Darwin Peeps! - Will you be exposing your Darwin to the election? I dont have any special memory of running a bot through an election and having concerns. Volatility usually works for me as long as I dont get any SL jumping price moves. Fingers crossed I'm on the good side of a big price spike. Also is a chance to get a lot closer to my 5% 100K target (or depressingly further away). Should be jumpy for at least this week and next. Just landed my 30K allocation so I'm good for 3 months. Sooo month #1 is gonna be YOLO!
  • #319
  • Nov 4, 2024 8:20pm Nov 4, 2024 8:20pm
Quoting BlackOpz
Darwin Peeps! - Will you be exposing your Darwin to the election? I dont have any special memory of running a bot through an election and having concerns. Volatility usually works for me as long as I dont get any SL jumping price moves. Fingers crossed I'm on the good side of a big price spike. Also is a chance to get a lot closer to my 5% 100K target (or depressingly further away). Should be jumpy for at least this week and next. Just landed my 30K allocation so I'm good for 3 months. Sooo month #1 is gonna be YOLO!
Does your EA which you said is a recovery type use SL?
  • #320
  • Nov 4, 2024 8:35pm Nov 4, 2024 8:35pm
Quoting OutThere
{quote} Does your EA which you said is a recovery type use SL?
Yep, reasonable but tightish SL's. I'd rather take the hit and reposition.
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