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  • #38,561
  • Jul 1, 2024 3:55pm Jul 1, 2024 3:55pm
Quoting Takisd
{quote} i am old and crazy but no stupid
  • #38,562
  • Jul 1, 2024 4:37pm Jul 1, 2024 4:37pm
Quoting pipmaster77
{image} Ok, now that my calibration is over, starting to understand more. Made about 0.125% today, but with the risk factor, they have me up 0.22%........I'm not going to change a damn thing.
You're in a good spot. I'm jealous

I made 0.6% today and my Darwin shows I made 0.09%
Pride always comes before destruction.... -Proverbs 16:18
  • #38,563
  • Jul 1, 2024 4:40pm Jul 1, 2024 4:40pm
Quoting pipmaster77
{quote} any current Topstep promos/discount codes?
I'm waiting for the 4th to see if they have any promos
Pride always comes before destruction.... -Proverbs 16:18
  • #38,564
  • Edited 6:19pm Jul 1, 2024 6:00pm | Edited 6:19pm
Quoting pipmaster77
{quote} It's a long term project for me, not requiring any additional effort on my part.....it will simply be extra $$$$$. Not to sound arrogant, but I believe I can outperform their current best. I am still trading the casino futures props and my personal amp account as well. I'd be happy with 5 mil in capital with a 2% return monthly and being paid 15%........knowing it is stable and I will be paid. Extra $180K per year.
Not to sound arrogant but what makes you confident that you will ever reach to the stage of having 5 mil aum and generating a 2% monthly return with them?

Don’t forget to include your time and fees it might costs until you hopefully reach to this stage.

You might have alternative sources or income. I was only speaking from a standpoint of having no alternative income streams and maybe generating returns more close to average than extra ordinary.

Traders on Darwinex seem to have close to zero chance to even reach a payout from them so it will even cover the 38 euro monthly subscription fee, forget about making a net profit after fees and time it took.

From and investors point of view it looks like your money is even better parked in some ETF or what else there is than investing in some retail trader‘s darwin’s.

There are 9625 darwin’s and most doesn’t seem to look very attractive for me. Not for the individual trader who might be looking for a way to professionalize his/her(„it“) trading (while at least making a living from all that effort/risk) nor does it look any better for me as an investor

Without real traders consistently providing above average returns to the platform i don’t see how they are going to keep attracting new investors capital either.

Right now there are only 3 Darwin’s out of the total 9625 with more than 5 million under management. That’s 0,03%…
  • #38,565
  • Jul 1, 2024 6:03pm Jul 1, 2024 6:03pm
Quoting pipmaster77
{quote} you need rithmic>quantower. I am still only apex. My amp is MT5. From what I understand though, if I go Topstep rithmic and TakeProfit rithmic, I can copy all of them.......I cannot 100% confirm as I am not doing it.
you absolutely can combine apex/takeprofit/topstep when on a rithmic connection.
A snails pace wins the race :-)
  • #38,566
  • Jul 1, 2024 6:25pm Jul 1, 2024 6:25pm
Quoting lddd
{quote} Not to sound arrogant but what makes you confident that you will ever reach to the stage of having 5 mil aum and generating a 2% monthly return with them? Don’t forget to include your time and fees it might costs until you hopefully reach to this stage. You might have alternative sources or income. I was only speaking from a standpoint of having no alternative income streams and maybe generating returns more close to average than extra ordinary. Traders on Darwinex seem to have close to zero chance to even reach a payout from them so it...
I am being conservative at 2%. I can do 4-5% per month. I will do 2%, their risk engine will adjust my trades and I get paid on the ACTUAL return.
No pressure of daily DD, trailing DD. profit targets, etc. However, if I can maintain 2% per month over a 1.5-2 year period, I'm certain I can attract 5 million.
It sounds as if Darwinex is simply not the model you are looking for. For me, it's a perfect fit.
  • #38,567
  • Jul 1, 2024 6:52pm Jul 1, 2024 6:52pm
Quoting pipmaster77
{quote} Best state in the country. Followed by Texas and Tennessee. Unfortunately, your home state is 49th or more likely 50th.
Florida ranks #9 based on a number of factors.

https://www.usnews.com/news/best-states/rankings
  • #38,568
  • Jul 1, 2024 6:56pm Jul 1, 2024 6:56pm
Quoting lddd
{quote} Not to sound arrogant but what makes you confident that you will ever reach to the stage of having 5 mil aum and generating a 2% monthly return with them? Don’t forget to include your time and fees it might costs until you hopefully reach to this stage. You might have alternative sources or income. I was only speaking from a standpoint of having no alternative income streams and maybe generating returns more close to average than extra ordinary. Traders on Darwinex seem to have close to zero chance to even reach a payout from them so it...
if I was a Darwin investor... >2 year track record + >2x returns/drawdown + <5% max drawdowns.... everyone else would be invisible.
  • #38,569
  • Jul 1, 2024 7:40pm Jul 1, 2024 7:40pm
Quoting OutThere
{quote} Florida ranks #9 based on a number of factors. https://www.usnews.com/news/best-states/rankings
JFC what garbage. Washington and Vermont rank better? Nowhere based in reality.
Trade with confidence, trade without fear.
  • #38,570
  • Jul 1, 2024 8:05pm Jul 1, 2024 8:05pm
Quoting CableJ
{quote} if I was a Darwin investor... >2 year track record + >2x returns/drawdown + <5% max drawdowns.... everyone else would be invisible.
That's the goal......make everyone else invisible (except Expo).
  • #38,571
  • Jul 1, 2024 8:07pm Jul 1, 2024 8:07pm
Quoting Cryptosurf
{quote} JFC what garbage. Washington and Vermont rank better? Nowhere based in reality.
C'mon Crypto....you wouldn't rather live in Seattle than Tampa?
  • #38,572
  • Jul 1, 2024 9:00pm Jul 1, 2024 9:00pm
O shiiiit
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  • #38,573
  • Jul 1, 2024 9:22pm Jul 1, 2024 9:22pm
Quoting pipmaster77
{quote} C'mon Crypto....you wouldn't rather live in Seattle than Tampa?
Trade with confidence, trade without fear.
  • #38,574
  • Jul 1, 2024 10:06pm Jul 1, 2024 10:06pm
Quote
I can do 4-5% per month. I will do 2%, their risk engine will adjust my trades and I get paid on the ACTUAL return.
You only look on the bright side of the risk engine. What if your MT4 account lose 2%? Can you endure over 10% drawdown on your Darwin? Your psychology will change when your Darwin is in a 10% drawdown for a long time.

Quote
However, if I can maintain 2% per month over a 1.5-2 year period, I'm certain I can attract 5 million.

This is TURE. If your Darwin maintains 2% per month for 3 years, you will attract well over 10 million.
  • #38,575
  • Jul 1, 2024 10:43pm Jul 1, 2024 10:43pm
Quoting ladder
{quote} You only look on the bright side of the risk engine. What if your MT4 account lose 2%? Can you endure over 10% drawdown on your Darwin? Your psychology will change when your Darwin is in a 10% drawdown for a long time. {quote} This is TURE. If your Darwin maintains 2% per month for 3 years, you will attract well over 10 million.
Darwin will scale down thats the beauty of it. It will not wait for MT4 to go down 5%. Once account starts loosing money ratio will scale down.
For example my darwin ratio is 0.07 so even if I loose 250K (my initial 100K account + 150K profit) I will loose only 5% of total 8% profit I made.
Darwin index prevents trader to make too much money at the same time loosing too much.
Only way to loose too 10% is when ratio is too high like pip master is having 2.0 and go on tilt and put 10 lots of NQ trade and it goes 100-200 points in few minutes giving no chance to darwin index to adjust.
  • #38,576
  • Jul 1, 2024 10:53pm Jul 1, 2024 10:53pm
Quoting ladder
Can you endure over 10% drawdown on your Darwin? Your psychology will change when your Darwin is in a 10% drawdown for a long time
If you have a 10% drawdown then it's likely you overleveraged and your risk reduction will castrate you and your ability to make profits going forward will be severely reduced.

At that point psychology won't matter. The only thing that will matter is whether or not you decide to continue paying the subscription given the fact that you have no way of knowing how long you'll be in risk reduction pergatory. And therein lies the genius of the DZero model.
Pride always comes before destruction.... -Proverbs 16:18
  • #38,577
  • Jul 1, 2024 11:57pm Jul 1, 2024 11:57pm
Smooth ride on 150k's. For Evals halfway through the target......

1. 1 asia GOLD long hit.
2. Dow for 20 points running.... can even target more on london open... perfectly picked the bottom
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Extreme gut feeling trader
  • #38,578
  • Jul 2, 2024 12:03am Jul 2, 2024 12:03am
Myfundedfutures revamped starter plans ....
They have my approval this looks good....

HIGHLIGHT - Better EOD drawdown + no activation fees + topstep like payout policy
DOWNSIDE - Less overall Contracts + Scaling
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Extreme gut feeling trader
  • #38,579
  • Jul 2, 2024 1:33am Jul 2, 2024 1:33am
Morning all (UK time), looking to join a forex prop firm soon, so far the most stable ones I can think of are FTMO and MFF; are there any other close contenders?
miFlipUnit
  • #38,580
  • Jul 2, 2024 2:16am Jul 2, 2024 2:16am
Did someone else received anther email YESTERDAY from Funded Elite yesterday in the email used for Alpha ?
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