Prop Firm Hub

Quoting labu

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Regarding Topstep looked into their rules more closely for withdrawals never touched them btw. You need a $200 winning days minimum for 5 days but not in a row. In end even if their trailing stop ends at around 50k. Due to the risks you must use 2 mnq per order in a decent risk management, and still kinda in risk zone right as if you must trade them as evals to get to the $200 winning trade. Thus forced to gamble way higher than a traditional forex prop to be eligible for a payout. So that $200 rule forces people to trade when market is in low volatilty...

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Quoting labu

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{quote} Sorry dude you must be paid or something, as some others mentioned here just compare how the regulated firms act with spreads and freezes compared to unregulated popular ones. How can you even say such a thing.

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Quoting adeforex

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{quote} Same scenario I had with them. Same slippage. Mine was not even CPI, I calculated my SL to be around $3k risk, only for me to see email. I forgot there was a news and I was on gold. They slipped me more than $2k. I will never enter any trade close to news again, they are using their algorithms to manipulate during the news. Nothing anybody will tell me otherwise I will believe. Anyway, you can move on and take note.

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Quoting JustPipMe

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{quote} you worried about the deep drawdown you let it get to before recovery? I always kill immediately when against me. Can’t stand triple digit “red”

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Quoting procrude

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I think I made a big mistake involving myself with the $250K Apex accounts. They are hard to pass ! I could have passed $50k two times already. Currently have 10-50K's and 5-250k evals APEX. 5-TopStep Evals 1-100k FXIFY Only trading Gold (nothing else). They all should be in funding stages by the end of the month. Looking forward to a good July !

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Quoting KarlKraus

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{quote}... be fixable: they’re properly regulated. Nothing hard to understand, here.

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Quoting labu

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Regarding Topstep looked into their rules more closely for withdrawals never touched them btw. You need a $200 winning days minimum for 5 days but not in a row. In end even if their trailing stop ends at around 50k. Due to the risks you must use 2 mnq per order in a decent risk management, and still kinda in risk zone right as if you must trade them as evals to get to the $200 winning trade. Thus forced to gamble way higher than a traditional forex prop to be eligible for a payout. So that $200 rule forces people to trade when market is in low volatilty...

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Quoting pipmaster77

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Not worth it, he hasn't a clue. Speaks from absolutely no first hand experience, yet talks down to those of us actually with first hand experience. Makes no sense whatsoever.
Hey, I've never eaten at this restaurant, but the food sucks
Hey, I eat there all the time, never had a bad meal
Who the fuck you gonna listen to?

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Quoting montygoldy

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{quote} Yep i have tried atleast 30-40 evals the target is too much for me.... THats why i have made the decision to stick with 50k i pass like a piece of cake. Even after the payout i am going to buy only 50k on other firms as well as it will keep my risk appetite in check.. Before i had 2 times 3x150k XFA on topstep both times failed without payout... Same goes with MFFF 3x150k after 1 payout gone ..... I believe 50k is more sustainable for my trading style and sustain account long term

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Quoting Cryptosurf

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{quote} Since the majority of trading success is mental, the bigger the numbers, the bigger the mental toll. A $50 loss can be less taxing (mentally) then a $500 loss. In theory the math says otherwise, you just scale trades accordingly. However the space between the ears gets in the way. It takes time and experience to feel more comfortable handling larger trades.

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Quoting hayseed

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{quote} //----- for some reason my mind always leans to the small numbers...... imagine trading just 5 tickers, single micro contract and trying to make only 10$ on each day..... seems absolutely ridiculous..... ridiculous or not...... that's my goal...... 5 tickers, 10$ each, 50$ per day..... times 20 accounts, 1000$ per day..... times 10 days, 10,000 per 2 week payout..... is my math wrong..... and speaking of wrong, there is nothing wrong with a single 500$ payout every 2 weeks.....h //------ fwiw, there is a very predictable number of times...

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Quoting pipmaster77

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{quote} I think most fail because they do not apply the simplicity to it. Great post. $1,000/day is a quater million per year.

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Quoting Stoneyrocks

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{image}

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Quoting procrude

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Any one else unable to close tradovate orders rite now? I just submitted a support ticket on apex for this.

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Quoting Stoneyrocks

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{image}

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