- Search Metals Mine
- sampat replied Dec 12, 2024
Going live after first payout
thats kind of scary thing. They just launched STF so I think at max 1 or 2 payouts received by any trader.Prop Firm Hub
- sampat replied Dec 8, 2024
Yes but they dont want negative publicity thats why initially they will allow but my gut feeling is they will do something like Elitetraderfunding if you go live you are banned for 2 years to purchase any additional accounts.
Prop Firm Hub
- sampat replied Dec 8, 2024
Be careful. Ticktick have some undefined cooling period once you go live like Elitetrader funding (2 years), I think this will be the next change in process to avoid SIM farming.
Prop Firm Hub
- sampat replied Dec 7, 2024
Same thing is true with CFD E8 Accounts. Only good thing I can think of E8 futures is unlike other prop firms you don't have to build buffer directly and withdraw funds from day one BUT (BIG BUT) you need atleast 10 profitable days each profit day ...
Prop Firm Hub
- sampat replied Dec 7, 2024
Live account on TakeProfitTrader is not like other accounts where you earn money from day 1. One needs to make money equal to challenge for example 150K it is 4.5K and than you can withdraw
which is complete BS so its not good thing. So what ...Prop Firm Hub
- sampat replied Dec 6, 2024
I don't understand why people think too much about future. All I care is whether I get payouts in 1 or 2 months. Apart from that nothing is guarantee. No matter how absurd logic people give. People should realize that this is not GIC or treasuries ...
Prop Firm Hub
- sampat replied Dec 6, 2024
Yes but they have 2% daily pause which is even absurd. You can't trade news which is even worse as on CFD they allow every thing even on funded account but futures they know spreads are tight news straddle is best way to pass eval thats why ...
Prop Firm Hub
- sampat replied Dec 6, 2024
Usually prop firm have no consistency on evals only on funded stage. At max it is 50% for topstep and takeprofittrader.
Prop Firm Hub
- sampat replied Dec 6, 2024
I see only difference activation fees
. I would prefer model 2 as it is cheaper and only pay activation premium if you pass.Prop Firm Hub
- sampat replied Dec 4, 2024
Well top step has hidden consistency rule. First during challenge phase 50%, during PA phase at least 200$ daily for 5 days and you can withdraw only 50% profit. How it is any better. On the top of that they introduce a BS rule to promote live ...
Prop Firm Hub
- sampat replied Dec 2, 2024
As per their website they can put you live with 6K payout even with 1 starter account.
Prop Firm Hub
- sampat replied Dec 2, 2024
My personal opinion when ever a prop firm says going live is not a PROMOTION its a DEMONTION. Going live is polite way to say FUCK OFF you make way more money we handle. It does 2 things you can't cash and burn accounts also firm like Elitetrading ...
Prop Firm Hub
- sampat replied Dec 2, 2024
I thought Canadians can't move to live account as per take profit trader. Not sure about MFFU.
Prop Firm Hub
- sampat replied Dec 1, 2024
How regulation will improve? Did regulation improve forex industry in US and Canada? Any thing that government meddles goes to shit. Look at forex.com or Oanda spreads which are considered as gold standard reliable regulated broker their normal ...
Prop Firm Hub
- sampat replied Dec 1, 2024
All this things were true before MyForexFunds fiasco. Now try to do it they won't even give you funded accounts forget about doing it on live accounts. You may get lucky here and there but not always. On future firm why would you take 9K profit on ...
Prop Firm Hub
- sampat replied Nov 30, 2024
People use prop firm not to become better trader especially online prop firms. They are tool to make quick money as you don't know if they exists after 6 months. By your logic one should take 1 year to pass eval stage as hedge fund hardly returns ...
Prop Firm Hub
- sampat replied Nov 30, 2024
Not sure how do you define faster payout. Lets consider forex prop firm you have 2 phases if you YOLO it they will most probably deny you or ban you. Permanent close. So one has to trade at least 1-2 week per phase so total 1 month to be on safe ...
Prop Firm Hub
- sampat replied Nov 30, 2024
It all depends on timing. There was a time when forex firms are like futures firm. Even in futures look at APEX they were so linient. It is classic casino game more signups less rules and lenient payouts.
Prop Firm Hub