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  • #49,781
  • Jul 5, 2025 6:56am Jul 5, 2025 6:56am
Quoting montygoldy
{quote} First bs from futureselite… now they asking me to do kyc again … btw dashboard says already verified {image}
Then comes the DCA and IP claims.
  • #49,782
  • Jul 5, 2025 8:20am Jul 5, 2025 8:20am
Quoting montygoldy
{quote} First bs from futureselite… now they asking me to do kyc again … btw dashboard says already verified {image}
You go ahead and do it.

Be very very careful while taking selfie or video.

While i did they were saying the video captured some unwanted background and rjected.

This happened inspite the fact that KYC is fully verified.

Then, the ususal BS... like IP address, and DCA will follow.

In any case, even if you fight with them, they will continue to say, you did DCA. They will try to reduce.

But, since it is your first payout, they will approve full or part amount.

Second time onwards, they will see to it, you are rejected.

I got 2 x 1200

Then I am rejected 5 x 1200
Intraday only.
  • #49,783
  • Jul 5, 2025 8:21am Jul 5, 2025 8:21am
Quoting Thomas.
{quote} I guess we disagree then. Just make money! How much money can somone make till he fails and does it matter after reaching 100% and taking the deposit out? In my Personal account i did 201.8% in the last two weeks. How long will it take you to make that your way being a "Trader" ? I could lose 50% this year and still beat 99.8% of Traders with a 100% gain, thats after a 50% loss. And im not talking about a hundret dollar account. I make profits and i can risk profits to make more profits, thats exponential compounding. I have a profit buffer...
Yes, pulling that deposit allows you to play with market's money as opposed to your own. It is still an extremely high risk way of trading, if you made 210% in two weeks, the market will get you. Otherwise, you'd be a billionaire many times over. However, pulling your deposit does make it risk free.
That's the ironic thing with these high risk strategies.....the folks behind them are not wealthy enough to stop trading yet......why so you think that is?
Now I'm not against a high risk, gamble it all strategy as an EXTREMELY SMALL % of an entire portflio, and TBH, this does kind of fit into this thread, as that is what MOST do with the props.
The stress free way to become wealthy is all about AUM, and we can debate and argue this all day......if you are earning over 3% per month with substantial personal capital, your risk of ruin is too high. Therefore, the key is not higher returns, but managing more money. Period.
Took me 10+ years of chasing higher returns on a personal account to discover this.
  • #49,784
  • Jul 5, 2025 8:30am Jul 5, 2025 8:30am
Quoting montygoldy
{quote} First bs from futureselite… now they asking me to do kyc again … btw dashboard says already verified {image}
Never mind the delayed payout, I'd be blasting them about my concerns that your KYC has been lost????
Where is it ? Who has it? Security breach? Hacked?That's your PERSONAL info.
All highly unlikely, of course, but does display how Mickey Mouse most of these props are.
When a real company compromises your personal info they offer free credit monitoring, a press release goes out, etc.
  • #49,785
  • Jul 5, 2025 8:35am Jul 5, 2025 8:35am
Quoting pipmaster77
{quote} Yes, pulling that deposit allows you to play with market's money as opposed to your own. It is still an extremely high risk way of trading, if you made 210% in two weeks, the market will get you. Otherwise, you'd be a billionaire many times over. However, pulling your deposit does make it risk free. That's the ironic thing with these high risk strategies.....the folks behind them are not wealthy enough to stop trading yet......why so you think that is? Now I'm not against a high risk, gamble it all strategy as an EXTREMELY SMALL % of an...
I repeat . Pl read this.

My Investment in Month 1 : 1000
Month 2 : 2000
Month 3 : 4000
Month 4 : 8000
Month 5 : 16000
Month 6 : 32000
Month 7 : 64000
Month 8 : 128000
Month 9 : 256000
Month 10 : 512000
Month 11 : 1024000

You spread your wings to various brokers ( Atleast 10 brokers ) to manage to protect capital.

You make 25 % of 1024000 , it is enough.

Now coming to most important theory.

1) 1000 Capital.
2) Trade GU only, trade 0.1 lot only
3) Look for clean entry (I really mean clean, clean, clean entry short or long ) in order to make 20 pips every day,
4) It means you make 20 dollars a day, 400 dollars a month.

Rest of calculations for month 2 onwards, you do it yourself.

If making 20 clean pips not possible in a day, then this strategy is not for you.
Intraday only.
  • #49,786
  • Jul 5, 2025 8:39am Jul 5, 2025 8:39am
Quoting Takisd
{quote} there are discussions in background that futures props are starting to struggle, all of them. Because the marketshare split a bit with all the new companies flooding in.
I believe we will eventually be left with 3 or 4 good firms......my un scientific thesis would be Tradeify, MFFU, Topstep and Take Profit.
I do not think APEX can sustain their current model. The forex turned futures guys will not survive either.
We are at the crossroads like 2021-2022 with the forex props when I personally warned everyone who to use and who not to use.
2 of my suggestions remain today and 1 had a business model and cash flow that would have allowed them to not only be here, but be king of the space......had the CFTC not committed many crimes in closing them down (which has basically all come out now).
Not only does one personally lose when dealing with the scammy companies, it hurts the entire industry....starting with as Taki said, taking market share from the firms where your money should be going.
  • #49,787
  • Jul 5, 2025 8:42am Jul 5, 2025 8:42am
Quoting pipmaster77
{quote} I believe we will eventually be left with 3 or 4 good firms......my un scientific thesis would be Tradeify, MFFU, Topstep and Take Profit. I do not think APEX can sustain their current model. The forex turned futures guys will not survive either. We are at the crossroads like 2021-2022 with the forex props when I personally warned everyone who to use and who not to use. 2 of my suggestions remain today and 1 had a business model and cash flow that would have allowed them to not only be here, but be king of the space......had the CFTC not...
Do you have inside information about Tradeify, topstep, MFFU and take profit ?

Yes, they are currently paying, currently reputed.

In the next 6 months, no one knows.
Intraday only.
  • #49,788
  • Jul 5, 2025 8:43am Jul 5, 2025 8:43am
Quoting navk
{quote} stop loss is fine. But Keeping stop loss 5 pips is due to fear complex. I consider stop loss for emergency reasons only. Stop loss for trading system should not be for trading strategy. It means one does not know how to trade or trading strategy is not good. The stop loss adopted varies betwen : 1) Retail traders having 100 dollar acc. 2) Retail traders having acc 10k 3) Traders having 50k, 100k 4) Institutions.
You've got to be joking at this point?
Stop loss means one does not know how to trade?
The vevry, very best traders win at a 65-70% clip.
So for the 30-35% of times they are wrong, one should not protect their capital.
I guess it explains why you are still trading as what you claim to be a 100 year old.
Enough of the shenanigans already.
  • #49,789
  • Jul 5, 2025 8:45am Jul 5, 2025 8:45am
Quoting navk
{quote} I repeat . Pl read this. My Investment in Month 1 : 1000 Month 2 : 2000 Month 3 : 4000 Month 4 : 8000 Month 5 : 16000 Month 6 : 32000 Month 7 : 64000 Month 8 : 128000 Month 9 : 256000 Month 10 : 512000 Month 11 : 1024000 You spread your wings to various brokers ( Atleast 10 brokers ) to manage to protect capital. You make 25 % of 1024000 , it is enough. Now coming to most important theory. 1) 1000 Capital. 2) Trade GU only, trade 0.1 lot only 3) Look for clean entry (I really mean clean, clean, clean entry short or long ) in order to make...
Yep there is that spreadshett we all did our first week of trading when we all thought we'd be mega wealthy in 6 months.
Just post the real live account when it hits a million.
I'll keep grinding 2.5% and obtain AUM.
  • #49,790
  • Jul 5, 2025 8:49am Jul 5, 2025 8:49am
Quoting navk
{quote} Do you have inside information about Tradeify, topstep, MFFU and take profit ? Yes, they are currently paying, currently reputed. In the next 6 months, no one knows.
Nope, clearly stated it was un scientific. Yes, it is based on the histroy of the 4 I mentioned and the history and tactics of the others. I was 100% correct on the forex side, so I'd ride with me on this as well.
  • #49,791
  • Jul 5, 2025 8:50am Jul 5, 2025 8:50am
Quoting pipmaster77
{quote} You've got to be joking at this point? Stop loss means one does not know how to trade? The vevry, very best traders win at a 65-70% clip. So for the 30-35% of times they are wrong, one should not protect their capital. I guess it explains why you are still trading as what you claim to be a 100 year old. Enough of the shenanigans already.
It is simple.

1) If some one is not confident of entry, he keeps tight stop loss
2) If i t rade 1 standard lot with 500 capital, i need to have tight stop loss, because i want to become Millionarie over night.
3) If i trade, 0.1 lot with 500 capital with bit fair clean, clean, clean entry, I do not need strategy stop loss, but i need account protection/ emergency stop loss.

All depends of lot size, capital and clean entry.
Intraday only.
  • #49,792
  • Edited 10:12am Jul 5, 2025 8:51am | Edited 10:12am
Quoting Takisd
{quote} they look like a temu version of optiva or propex based on their digital footprint.
Their floor was huge back then. They used the old Swift Trade floor. I used to work for Swift Trade(biggest prop in Canada then) till the time they cracked down on them
for front running their traders. After that I moved to the banks, and when the bank moved like I mentioned in my prior message I moved back
to props. What a cycle, but preferred the bank by far, what a feeling, and the money I truly miss it
I think ARB has multiple locations now all over the planet, not only the Montreal one
Those who don't believe in magic will never find it
  • #49,793
  • Edited 9:03am Jul 5, 2025 8:51am | Edited 9:03am
Quoting pipmaster77
{quote} Yep there is that spreadshett we all did our first week of trading when we all thought we'd be mega wealthy in 6 months. Just post the real live account when it hits a million. I'll keep grinding 2.5% and obtain AUM.
It is 1 year project for me.

Wait.

And if some one can not capture 20 clean pips everyday, they need to goback to drawing board.
Intraday only.
  • #49,794
  • Edited 9:36am Jul 5, 2025 9:20am | Edited 9:36am
Quoting pipmaster77
{quote} You've got to be joking at this point? Stop loss means one does not know how to trade? The vevry, very best traders win at a 65-70% clip. So for the 30-35% of times they are wrong, one should not protect their capital. I guess it explains why you are still trading as what you claim to be a 100 year old. Enough of the shenanigans already.
One thing that I have learned over the years of trading with professionals, "apart for what is considered to be correct to the retail crowd", is that many big
traders see the chart from a different perspective, most traders would never even imagine to look at trading in their way or trade like them.
Most trade the retail way, mostly known strategies. Many big traders do not use stops, they use emergency stops, maybe, they do chop the trade if it
goes against them or something they do not agree happens. Yes they use discretion.
What I am trying to say is that especially profitable retail traders tend to believe that the trading universe is suppose to function the way they see the chart,
I was guilty of this also, till you realize non of us know nothing, especially traders that trade the conventional ways, even if they are profitable, it is always
a struggle to stay positive.
They big money always where the 1-2 traders in each firm were the ones that trade totally different than anyone else, ways that you will never see in any of these threads sorry to say, cause it is another dimension in a way, not your 2 ahead 1 back pattern
Just trying to give some feedback from my experience, maybe Navk has finally seen the light, I do not know, but one thing he has correct, small size....
In each firm I was there was always someone that would keep the firm positive, would be the money maker, I mean a crazy difference in profits from the second or third trader, like making 10+ times multiples, every firm has 1-2 max from the 100-400 traders on the floor. In the bank we had one he made back then 45 million the prior year. The funny thing was he was getting a 30% cut and he wanted more, they would not give it to him, so he left, crazy.
On Swift trade we had Simon, this guy would make 8 times what number 2 was making, I think today he owns World Trade, that is what I heard, do not quote me on this. But there are always traders that are at a level the 99% cannot even see, not even imagine
(Sorry for the long post, I hope this helps someone maybe see further than what we see on the chart )
Those who don't believe in magic will never find it
  • #49,795
  • Jul 5, 2025 9:22am Jul 5, 2025 9:22am
I can only laugh here

keep your cool Pip.
no point discussing.
on a postive roll...
  • #49,796
  • Jul 5, 2025 9:24am Jul 5, 2025 9:24am
Quoting Rmg
{quote} Hiya I do make 200% on my ic live almost everyday. That's not the point. Can I do this consistently after 3 months or a year? Yes If I keep funding after every blown ups tell forexfactory how great trader I am. Reality is we know it all I trade with stoploss.
dont take Thomas to serious. he has problems with understanding often some basics of trading (i had a funny talk with him about swaps already) and still trades small accounts because he never trust his ideas.

so any 200% he is making is only small money ... and any small percentage money you make with higher accounts is more than he ever would dream about in his accounts. Thats the reality with a lot of people ...

thats the fun part, that this crazy martingale strategies or other non SL strategies often get much much lower wins on the end because they only have so small accounts ... and they cant understand and see it because never learned the basics first.
  • #49,797
  • Jul 5, 2025 9:25am Jul 5, 2025 9:25am
Quoting Rmg
I can only laugh here keep your cool Pip. no point discussing.
Keep laughing.

Go in circles.

Seriously saying, if one can not capture 20 clean pips in a day, then, no point in discussing. I do not talk stop loss here, making sure my entry will me get me clean 20 pips.
Intraday only.
  • #49,798
  • Jul 5, 2025 9:34am Jul 5, 2025 9:34am
Quoting navk
{quote} It is 1 year project for me. Wait. And if some one can not capture 20 clean pips everyday, they need to goback to drawing board.
you are 100 years and did not do this many times already and can show - sounds unlogic, when its so super easy for you.
Come on, faking experience is one thing .... but at least have logic inside a fake.
  • #49,799
  • Jul 5, 2025 9:35am Jul 5, 2025 9:35am
Trading is difficult job friends.

Sit infront of PC for hours... yes. Hours.

Wait patiently.

Do not take trades just like thar.

Wait.. get in... set TP 20 PIPS.

Sleep rest of the day
Intraday only.
  • #49,800
  • Jul 5, 2025 9:37am Jul 5, 2025 9:37am
Quoting Trader191
{quote} you are 100 years and did not do this many times already and can show - sounds unlogic, when its so super easy for you. Come on, faking experience is one thing .... but at least have logic inside a fake.
I am not achieving anything faking. Am not commercial, i can write in bold words.

But, seriously, if one can not capture clean 20 pips in GU, which has 80 to 90 pips ADR, then, i am talking to wrong person.

Trading is like that always.

What is impossible for some one is possible for me.
Intraday only.
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