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  • #35,401
  • Apr 25, 2024 12:38am Apr 25, 2024 12:38am
Quoting montygoldy
Another day another early asia session. {image}
Update
Ladies and Gentlemens secured 450k funding from myfundedfutures.

Total 4 trading days including today.

PRO's - EOD Drawdown feels like same as forex, 50$ challenge april offer
CON's - Bigger spread between 2-3points on dow, slippage 1-2 points.



TOTAL PORTFOLIO - 50kx20 APEX, 450k MyfundedFutures, 400k FTMO

Next up in line TOPSTEP 3x150k
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Extreme gut feeling trader
  • #35,402
  • Apr 25, 2024 12:39am Apr 25, 2024 12:39am
Quoting Expo33
Just paid my monthly 38 Euro fee to stay in the Darwinex Silver program. I was under the impression that you basically had one chance to show a consistent trading history to obtain seed capital from Darwinex and then ultimately obtain 3rd party investor capital. But the I accidentally stumbled onto some info about resetting accounts as seen below {image} And the immediate and natural result of this new information can be seen in my trade explorer. {image} But seriously, it's nice to know you can start all over with the 2 week calibration...
Expo thanks for your Darwinex info and experience of trading with them.

Are you trading intra-day or holding overnight for a few days?
I thought they might not like the short-term traders. Do you know their preferred style of trader by any chance?

I suspect they wouldn't like my load the boat and monitor available free-margin style.
  • #35,403
  • Apr 25, 2024 12:50am Apr 25, 2024 12:50am
Quoting montygoldy
{quote} Update Ladies and Gentlemens secured 450k funding from myfundedfutures. Total 4 trading days including today. PRO's - EOD Drawdown feels like same as forex, 50$ challenge april offer CON's - Bigger spread between 2-3points on dow, slippage 1-2 points. TOTAL PORTFOLIO - 50kx20 APEX, 450k MyfundedFutures, 400k FTMO Next up in line TOPSTEP 3x150k {image} {image}...
Here is the dow futures secret sauce. In asia 90% of time there is tight range (except iran war news made dow fall 500 points in asia). Buy the bottom of range and sell the top of the range. TP - 20 points not more than that. I captured 3 moves in today asia n check my entries in the above screenshot minimal drawdown... buy at bottom and sell at top.
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Extreme gut feeling trader
  • #35,404
  • Apr 25, 2024 12:51am Apr 25, 2024 12:51am
Quoting FocusWinReal
{quote} Expo thanks for your Darwinex info and experience of trading with them. Are you trading intra-day or holding overnight for a few days? I thought they might not like the short-term traders. Do you know their preferred style of trader by any chance? I suspect they wouldn't like my load the boat and monitor available free-margin style.
You're welcome.

I'm mainly intraday, some quasi scalping, but will hold overnight occasionally.

Technically there's no restriction on how you trade but at the end of the day investors are looking for consistency with an acceptable drawdown. One of the Darwinex Zero Youtube videos I posted showed how the risk engine would actually lower/raise the size of you trades based upon their risk tolerance profile to level the playing field for all of the traders. (I think that's only for traders that have received seed capital) So a trader will have a better rating making a bit less overall profit over 10 trades compared to a trader making more profit with one home run trade.

Also, investors can see your tendencies as Darwinex has 12 metrics available for showcase.

The Darwinex Zero Youtube playlist is excellent and explains everything better than I can.

Inserted Video
Pride always comes before destruction.... -Proverbs 16:18
  • #35,405
  • Apr 25, 2024 12:54am Apr 25, 2024 12:54am
Quoting montygoldy
{quote} Update Ladies and Gentlemens secured 450k funding from myfundedfutures. Total 4 trading days including today. PRO's - EOD Drawdown feels like same as forex, 50$ challenge april offer CON's - Bigger spread between 2-3points on dow, slippage 1-2 points. TOTAL PORTFOLIO - 50kx20 APEX, 450k MyfundedFutures, 400k FTMO Next up in line TOPSTEP 3x150k {image} {image}...
Well done Monty!
Pride always comes before destruction.... -Proverbs 16:18
  • #35,406
  • Apr 25, 2024 12:59am Apr 25, 2024 12:59am
Quoting Takisd
I dont think people realize that most of their favorite prop firms right now are having significant financial stress. The vast majority of in-flows are people trying to game the system and inflating numbers on the income and the outgoing. Soon these props will start mass banning because of these groups and the reputation will get ruined on social media and they will go under. They HAVE to combat these groups to survive so that people who actually want to trade and not just attack props revenue streams can have the opportunity. The problem is we...
Fair points but the industry did do itself some harm in the race to the bottom - in the challenge industry. (Prop firms trade capital not rented demo).

Keep the no time limit but tighten up all other areas.

It's fair to wait 30 days for a payout if the firm has that as a policy - like a real job being paid monthly or fortnightly.
Cheers...
  • #35,407
  • Apr 25, 2024 1:05am Apr 25, 2024 1:05am
Quoting Expo33
{quote} Well done Monty!
YES sir, time to milk these futures firms....... I am feeling highly confident as i am more consistent in futures than forex dont know why maybe i am less GREEDY with my targets as compared to forex. But nevermind gameplan is prepare maximum futures funding to achieve 100k MAY payout (one of my bucketlist to get a 100k net month).
Extreme gut feeling trader
  • #35,408
  • Apr 25, 2024 1:10am Apr 25, 2024 1:10am
Quoting Expo33
{quote} You're welcome. I'm mainly intraday, some quasi scalping, but will hold overnight occasionally. Technically there's no restriction on how you trade but at the end of the day investors are looking for consistency with an acceptable drawdown. One of the Darwinex Zero Youtube videos I posted showed how the risk engine would actually lower/raise the size of you trades based upon their risk tolerance profile to level the playing field for all of the traders. (I think that's only for traders that have received seed capital) So a trader will have...
Much appreciated! Good to know scalping is not frowned upon but home run style more so I guess.

Will watch the vids.
Cheers...
  • #35,409
  • Apr 25, 2024 1:28am Apr 25, 2024 1:28am
Quoting montygoldy
{quote} YES sir, time to milk these futures firms....... I am feeling highly confident as i am more consistent in futures than forex dont know why maybe i am less GREEDY with my targets as compared to forex. But nevermind gameplan is prepare maximum futures funding to achieve 100k MAY payout (one of my bucketlist to get a 100k net month).
How long does apex take to cut the cheque then? You'd be raising hell if fx prop took this long to pay
  • #35,410
  • Apr 25, 2024 3:01am Apr 25, 2024 3:01am
Quoting rizla101
{quote} How long does apex take to cut the cheque then? You'd be raising hell if fx prop took this long to pay
Nothing man.. waiting game... Waiting is better than denial lol.... Forex props just straight up deny with some BS reason.
I still have a doubt of having a big day of 1k in those profits and checked alot of youtube videos they said for 50k dont go above 700$ a day. Lets see even deny i just need to make more.
Extreme gut feeling trader
  • #35,411
  • Apr 25, 2024 3:18am Apr 25, 2024 3:18am
Quoting montygoldy
{quote} Nothing man.. waiting game... Waiting is better than denial lol.... Forex props just straight up deny with some BS reason. I still have a doubt of having a big day of 1k in those profits and checked alot of youtube videos they said for 50k dont go above 700$ a day. Lets see even deny i just need to make more.
Well good luck to you, you have a goal and you're going for it, I respect that.
  • #35,412
  • Apr 25, 2024 3:42am Apr 25, 2024 3:42am
Quoting montygoldy
{quote} Here is the dow futures secret sauce. In asia 90% of time there is tight range (except iran war news made dow fall 500 points in asia). Buy the bottom of range and sell the top of the range. TP - 20 points not more than that. I captured 3 moves in today asia n check my entries in the above screenshot minimal drawdown... buy at bottom and sell at top. {image}
How can you be sure it is the bottom of the range?
  • #35,413
  • Apr 25, 2024 3:51am Apr 25, 2024 3:51am
In my reckless portfolio I got a payout from Funded Next and I don't know what to say.

My past experience was not the best but, once a degenerate, a degenerate forever, so I gave them another try.

This time I haven't experienced any technical problem (or other) so I didn't have to contact the dumb robots they have in customer service.

On the payout day they deduct the amount automatically from the account and we can go back to trade immediately. This is very good.
That amount is in the portal just waiting for us to click request payout. Two or three clicks and it's done. I just pressed request, selected Rise and summited.

They have that 24 hours promise that they pay 1000 USD or such if they don't send payout in 24 hours but I was a bit skeptical.
However, in less than 3 hours the payout and refund was in my Rise account.

What can I say ? I still don't trust a bit in these guys (lot's of bad stories around them and too many red flags) but being objective this was my best payout experience ever with props. I wish all them had this super simple and super fast process.

I'm curious to see what happens if I achieve the 5% which is the level when they are supposed to pay 15% of phase 1 and 2.
  • #35,414
  • Apr 25, 2024 3:57am Apr 25, 2024 3:57am
I'm not sure what this means. They say they accept credit cards, not traders. A bit werd.
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  • #35,415
  • Apr 25, 2024 4:01am Apr 25, 2024 4:01am
Quoting Capablanca
In my reckless portfolio I got a payout from Funded Next and I don't know what to say. My past experience was not the best but, once a degenerate, a degenerate forever, so I gave them another try. This time I haven't experienced any technical problem (or other) so I didn't have to contact the dumb robots they have in customer service. On the payout day they deduct the amount automatically from the account and we can go back to trade immediately. This is very good. That amount...
Nice, there is nothing wrong with circling back to give them another try. I hope it continues to work out for you.
  • #35,416
  • Edited 5:19am Apr 25, 2024 4:27am | Edited 5:19am
Quoting woody70
{quote} Nice, there is nothing wrong with circling back to give them another try. I hope it continues to work out for you.
Until the light switches off
  • #35,417
  • Apr 25, 2024 5:40am Apr 25, 2024 5:40am
Quoting montygoldy
{quote} Update Ladies and Gentlemens secured 450k funding from myfundedfutures. Total 4 trading days including today. PRO's - EOD Drawdown feels like same as forex, 50$ challenge april offer CON's - Bigger spread between 2-3points on dow, slippage 1-2 points. TOTAL PORTFOLIO - 50kx20 APEX, 450k MyfundedFutures, 400k FTMO Next up in line TOPSTEP 3x150k {image} {image}...
With the futures props, shouldn't spreads should all be the same?......the feed is pulled from a centralized exchange. Slippage may vary, of course, depending on size and time of day.
Of course it is Matt and MyFundedFutures, so I am sure he is gaming the feed somehow. That is why these scumbags from forex prop will ultimately ruin the futures props as well (if allowed in).
  • #35,418
  • Apr 25, 2024 7:50am Apr 25, 2024 7:50am
Quoting pipmaster77
{quote} With the futures props, shouldn't spreads should all be the same?......the feed is pulled from a centralized exchange. Slippage may vary, of course, depending on size and time of day. Of course it is Matt and MyFundedFutures, so I am sure he is gaming the feed somehow. That is why these scumbags from forex prop will ultimately ruin the futures props as well (if allowed in).
usually its 1 point spread whatever the time of the day… no slippage at all. There is a fixed slippage on myfundedfutures
Extreme gut feeling trader
  • #35,419
  • Apr 25, 2024 7:51am Apr 25, 2024 7:51am
Quoting Capablanca
In my reckless portfolio I got a payout from Funded Next and I don't know what to say. My past experience was not the best but, once a degenerate, a degenerate forever, so I gave them another try. This time I haven't experienced any technical problem (or other) so I didn't have to contact the dumb robots they have in customer service. On the payout day they deduct the amount automatically from the account and we can go back to trade immediately. This is very good. That amount...
Good job buddy keep killing it.
Extreme gut feeling trader
  • #35,420
  • Apr 25, 2024 7:52am Apr 25, 2024 7:52am
Quoting Htmrw
{quote} How can you be sure it is the bottom of the range?
experience buddy and common sense you dont have to trade right away in asia let it first create the high n lows and then eat the later signals. Remember target should be 10-20 points only.
Extreme gut feeling trader
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