DislikedI don't mean to be too negative but I doubt montygoldy is going to like trading with Darwinex based on his style.Ignored
Extreme gut feeling trader
2
Anyone trading with a Prop firm 31 replies
So I accepted a Prop Trading job in South Beach Miami 44 replies
prop firm new model - my trading journey 871 replies
DislikedI don't mean to be too negative but I doubt montygoldy is going to like trading with Darwinex based on his style.Ignored
Disliked{quote} hey pip, Since the futures side has gradually turned to shit with rule changes and more denials, I completely changed up my approach to props..... I now run evals @ 25% dd risk (4 losses to bust) and do the same in funded to quickly get to payout thresholds.... as the account bal quickly grows the static position size risk per trade gradually reduces to more responsible levels, once around 6-7K bal the risk of busting the account is pretty much eliminated. my eval pass rate is around 66-70% and eval to payout threshold rate is around 40%.....Ignored
Disliked{quote} well, I use the STF, so much different than most. I target $300-350 per day, so it can take up to 2 months on this type of account. Once 1st payout is cleared, 2nd one only requires 1/2 be made and then can withdrawal every 7 trading days, so 3 times per month. The STF is much more expensive, so I trade it as if max loss was my personal account. The approaches discussed earleir today can have you pass in 1 day and get paid the next if with a firm with no consistency or min trading days. Monty gets em done and paid much quicker than most.....all...Ignored
Disliked{quote} Minimal time as possible.... FOr example - 50k account (if 1 day pass available then do it in same day or 40% then pass in max 3-4 days)... On funded - My target is 3k to ask for a payout... So i aim 1k for first two days (if losses then continue this approach until reach 2k profits) then rest of days go over the 3k target.Ignored
Disliked{quote} so u go all in, thats like gambling and hoping the gods will reward you, i thought you had a more methodical aproach based on stats.Ignored
Disliked{quote} I can promise you can i can do discplined trading as well.Ignored
Disliked{quote} so u go all in, thats like gambling and hoping the gods will reward you, i thought you had a more methodical aproach based on stats.Ignored
Disliked@montygoldy and @CableJ, I have not stopped here for awhile, but, I have to say...I did not understand WTF you were doing, but now I understood and want to complement you both on hustling like this and gaming the system. Beautiful, Bravo! That is the only way to really beat the crap out of these bucket shops...Risk the f*cking admission fee to get that gambling on and hoping for a nice payout..I am getting some ideas among those lines, perhaps I can add this as my other strategy. Is there a manual for this hustle and can we scale it,...
Ignored
Disliked{quote} Can you wait 6 months, a year or maybe more for a payout that may not even cover your monthly subs? That's if you ever get to a payout. I'm 9 months in with 4 accts entered at various times and no payout yet. You might not know this but the RE can cut the size of your trades to a fraction of the size in your underlying account. That is how they decide what kind of risk allocation your trading deserves. The account that I recently ditched was at 0.12 multiplier with 25% down in dz's eyes. 4-5% down in underlying. Was not worth keeping it...Ignored
Disliked{quote} I want see some big number (either payouts or funding) from you or pip or maybe expo if he is still holding darwin.... Then i'll join you guys......Ignored
DislikedBought a 50K advanced acct from Tradeify on Friday and passed last night after midnight PST. Dashbaord doesn't update until the next day so I'm assuming I won't get any emails about activation payment until tomorrow. Any insights from Tradeify users about funded accounts. Haven't heard about any payout issues.Ignored
Disliked{quote} It'll be a while before you see some big number (either payouts or funding) from any on that list.Ignored
Disliked{quote} I have 150K over 2 Darwins, will be 210K for August and just started a 3rd, making $300-400 per month, will double in August and then 3rd Darwin will be allocated as well. First one will be gold in 2-3 months, I'm expecting to do real well from that point on. As I stated earlier in the day, I have a lofty goal of 5-7 MM AUM with this company. Here is the max scalability of my two darwins....first one is swing trading forex, second is day trading futures.{image}Ignored
Disliked{quote} Can you wait 6 months, a year or maybe more for a payout that may not even cover your monthly subs? That's if you ever get to a payout. I'm 9 months in with 4 accts entered at various times and no payout yet. You might not know this but the RE can cut the size of your trades to a fraction of the size in your underlying account. That is how they decide what kind of risk allocation your trading deserves. The account that I recently ditched was at 0.12 multiplier with 25% down in dz's eyes. 4-5% down in underlying. Was not worth keeping it...Ignored
Disliked{quote} i can see long term benefit of darwin… but why there is no big payouts out there.. in social media… i remember last year all forex influencers started it and then abandon it …. I dont have any doubt but what if you put in so much efforts and the company comes up with bs….Ignored
Disliked{quote} Collectively, I have paid roughly $1400 for 30 months of subs in 4 accts. I have had allocations from 30K to 150K in various accounts but I've never made it to a payout. Even if you accumulate a payout, it is not payable until 3 months from the start date. If you get 'closed exposure' or get your current quote reduced due to dd, your rating reduced and the RE cuts your multiplier, then you start losing that accumulated payout. So, you better not. The highest accumulated payout I had was $685 . If I had closed all trades at that moment and...Ignored
Disliked{quote}Right now I am using AxiSelect. In 52 days I have made 35% plus I will be getting a cut from Axi when the current stage is done ($634 so far). It does put Darwinex to shame hands down. No freaking Risk engine. All trades are counted 1:1. No cutting my trades to a 0.12 multiplier, no omitting my trades as Darwinex does. It's really normal like it should be and I get respect like Experience=100% Anyways, next month I am going to start with FTMO and probably some others. The reason I am staying with Darwinex is because for my retirement...
Ignored