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Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

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Prop Firm Hub

  • #41,941
  • Sep 10, 2024 3:57pm Sep 10, 2024 3:57pm
Quoting TrAndy1
Another Prop Firm Suspends Operations, Claims It Was “Attacked and Blackmailed” Tuesday, 10/09/2024 | 09:25 GMT+2 by Damian Chmiel Fundedlions announced that it is forced to stop its prop activities temporarily. The firm blames brokerage technology provider Dominion Markets for this situation. https://www.financemagnates.com/fore...d-blackmailed/
So nice, 2 artists (Rajabank and Noman) fighting each other (or pretending to fight, who knows what's behind doors).
  • #41,942
  • Sep 10, 2024 3:59pm Sep 10, 2024 3:59pm
Quoting rizla101
{quote} I'm not sure anything is wrong with Rise, people are clearly using without to much bother, mainly i couldn't be bothered registering with yet another payment platform. I did in the end sign up with them as before TFF went under Rise became their only payout method so I had no choice.
I think Rise started to be badmouth when people found that prop owners could inform Rise that a specific user failed their KYC for, let's say, forged documents or so and then Rise blocks that account.

That's why it's better to have as many Rise account as prop accounts, one for each one.
  • #41,943
  • Sep 10, 2024 4:01pm Sep 10, 2024 4:01pm
Quoting TrAndy1
What can we learn from the absence of Masterrmind the creator of this thread ? The prop industry is dead, it was long ago its fate and he was right. 99.9% are scams.
We learn reading non sense IronFX agreement.
A for apple
B for Banana
C for carrot
D for Dick head like tranny.
E for End of lesson.
  • #41,944
  • Sep 10, 2024 4:08pm Sep 10, 2024 4:08pm
Quoting montygoldy
{quote} Good work... Just to keep in mind alot of people complained before that is adding to position. They say you can add to winners but i would suggest just to avoid it at any cost. Just add once to a open position thats it no matter if its a winner or loser. Also if its a PA account take in account the consistency rule... IF you aiming for the payout try to keep profits below 750$ per day for 50k account.
Monty,
I got replies from Apex.
Pl read this.

I hope all is well and you're having a good day.

You can hold up to 100 micros or a combination of minis and micros, as long as the total equals 10 minis. You're also allowed to spread the positions across different tickers like ES, NQ, or GC, but the total size must still equate to 10 minis or the equivalent.
Intraday only.
  • #41,945
  • Sep 10, 2024 4:13pm Sep 10, 2024 4:13pm
Quoting Capablanca
{quote} So nice, 2 artists (Rajabank and Noman) fighting each other (or pretending to fight, who knows what's behind doors).
Pretending.

That is correct word.

What i observed is there is no real enemity here with anyone but at times the result of a particular day matters. Or a particular week.
Intraday only.
  • #41,946
  • Edited 4:50pm Sep 10, 2024 4:22pm | Edited 4:50pm
Quoting Stoneyrocks
{quote} we can only hope for Mastermind to return to clean up the sh.t
You are new here, and some are new here.

You need to look at nine sentences posted by thread starter and abide by what he said in thread starter's first post.

He clearly stated..no personal offence on any indicidual.

Persons showing result of challenges should not be discouraged.

If anyone does, it is out of jealousy.
And he does not follow / respect post 1 ( rules of this thread )

For your ready reference :
Real traders discussion about Prop Firm activity.

Traders may post their attempts at gaining a funded account.

Traders may discuss the pros and cons of various prop trading firms.

All discussion that is inline with thread title is welcome.

Keep it civil here guys and let's sort the real from the myth.

Traders showing TE’s of challenges and verifications should be cheered on and not discouraged.

Traders can show or hide their TE’s at their preference without ridicule from other thread participants.

Traders who show their TE’s or post snapshots of their progress and who have skin in the game have my full respect.

Any thread poster who is seen to be ridiculing another traders attempts at challenges or verifications including the hiding/or removal of TE’s may very well find themselves sitting on the sidelines to think about how they might better contribute to the thread in a more meaningful way.
Intraday only.
  • #41,947
  • Sep 10, 2024 4:42pm Sep 10, 2024 4:42pm
Quoting Stoneyrocks
{quote} we can only hope for Mastermind to return to clean up the sh.t
And my advice to you.

Just follow nine rules in post 1. you should be ok.

Stop advocating for people who do offence here.
Intraday only.
  • #41,948
  • Sep 10, 2024 4:42pm Sep 10, 2024 4:42pm
I doubt mastermind has gone away. He is just not logged in.
  • #41,949
  • Sep 10, 2024 4:44pm Sep 10, 2024 4:44pm
Quoting OutThere
I doubt mastermind has gone away. He is just not logged in.
He may come back anytime if he is doing good.

But his nine rules are clear enough to follow.
Intraday only.
  • #41,950
  • Sep 10, 2024 6:47pm Sep 10, 2024 6:47pm
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  • #41,951
  • Sep 10, 2024 6:51pm Sep 10, 2024 6:51pm
More drama
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  • #41,952
  • Edited 8:54pm Sep 10, 2024 8:36pm | Edited 8:54pm
Quoting sampat
More drama {image} {image} {image} {image}
FTT gonna go down pretty quickly ....Doing same thing like forex prop firms like SkilledFundedtrader... They know their house is on fire but keep on giving excuses after excuses hoping to squeeze last dollars from customers....
There is only ONE youtuber who is claiming making 120k from FTT which my gut says highly unlikely and he is the who do interview with FTT owner on his channel. Also the thing is owner says he has over 3million stuck in account but cant afford a electricity generator (few weeks there was news he is out of electricity as he is in some asian country) or cant even afford a .com domain.......
Extreme gut feeling trader
  • #41,953
  • Sep 10, 2024 8:40pm Sep 10, 2024 8:40pm
Quoting kalastaja
This thread is a complete mess. One person is sharing prop firm agreements, while another is acting like the forum police, posting a trading journal and expecting everyone to be impressed by paper trades. It's a total waste of time and energy—truly disappointing.
yes... but the real issue here There is nothing happening in prop firm universe that is shareable no new product offerings, no relevant news or mouth watering coupons.... Atleast these things add activity to this thread..... This is the only thread i follow on FF pretty much every 4 hours daily.......
Extreme gut feeling trader
  • #41,954
  • Sep 10, 2024 8:43pm Sep 10, 2024 8:43pm
Quoting rizla101
{quote} I'm not sure anything is wrong with Rise, people are clearly using without to much bother, mainly i couldn't be bothered registering with yet another payment platform. I did in the end sign up with them as before TFF went under Rise became their only payout method so I had no choice.
My experience with rise is good get the payout in my bank like within 24hours and exchange rates are good as well so its a minimal loss to transfer american dollars to canadian dollars.
Extreme gut feeling trader
  • #41,955
  • Sep 10, 2024 8:48pm Sep 10, 2024 8:48pm
Quoting navk
{quote} Monty, I got replies from Apex. Pl read this. I hope all is well and you're having a good day. You can hold up to 100 micros or a combination of minis and micros, as long as the total equals 10 minis. You're also allowed to spread the positions across different tickers like ES, NQ, or GC, but the total size must still equate to 10 minis or the equivalent.
What i am trying to say from past experience is during the evals phase everything is allowed. You can do pretty much DCA etc. But when you on funded account i.e PA account dont open multiple positions at the same time. Open 1 position at a time and add only once same size either adding to loser or winner. Trying to aim for more than 5 points best is 10 points obviously you can close before that. Thats my past experience you'll get smooth payout. Otherwise video proof, payout denial etc which will cost you a payout cycle. Try to be on safe side rather than being on edge... They say alot of thing but its is a grey area. The things i have mentioned got me bigger payouts without any issues.

Coz the payout worklike this if apply for 15th-20th cycle then you will get your approval/denial on the last day of the month i.e 30th morning.... This is a long period of time you dont want to miss a payout cycle.....
Extreme gut feeling trader
  • #41,956
  • Sep 10, 2024 8:56pm Sep 10, 2024 8:56pm
Quoting montygoldy
{quote} What i am trying to say from past experience is during the evals phase everything is allowed. You can do pretty much DCA etc. But when you on funded account i.e PA account dont open multiple positions at the same time. Open 1 position at a time and add only once same size either adding to loser or winner. Trying to aim for more than 5 points best is 10 points obviously you can close before that. Thats my past experience you'll get smooth payout. Otherwise video proof, payout denial etc which will cost you a payout cycle. Try to be on safe...
got your point.

thanks for pointing out.

At the end of the day, we want smooth payouts
Intraday only.
  • #41,957
  • Sep 10, 2024 10:48pm Sep 10, 2024 10:48pm
Sometimes the best action is 'not to engage' as previously mentioned by others.
  • #41,958
  • Sep 11, 2024 12:01am Sep 11, 2024 12:01am
Quoting TrAndy1
I didn’t fail the system, the system failed me
So you're saying it isn't your fault? Wait, what, a young person not taking reponsibility for his actions? No way.

These kids look like a high school debate team. Matching white tee shirts. Adorable
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Pride always comes before destruction.... -Proverbs 16:18
  • #41,959
  • Sep 11, 2024 1:08am Sep 11, 2024 1:08am
Quoting montygoldy
PA account dont open multiple positions at the same time. Open 1 position at a time and add only once same size either adding to loser or winner. Trying to aim for more than 5 points best is 10 points obviously you can close before that. Thats my past experience you'll get smooth payout.
This is a good tip. So, let's say start with 1 contract, then adding one in loss. Any more after that can be added if both are in a loss or 2 equal positions is the max you recommend ?
  • #41,960
  • Sep 11, 2024 1:13am Sep 11, 2024 1:13am
Quoting montygoldy
{quote} FTT gonna go down pretty quickly ....Doing same thing like forex prop firms like SkilledFundedtrader... They know their house is on fire but keep on giving excuses after excuses hoping to squeeze last dollars from customers.... There is only ONE youtuber who is claiming making 120k from FTT which my gut says highly unlikely and he is the who do interview with FTT owner on his channel. Also the thing is owner says he has over 3million stuck in account but cant afford a electricity generator (few weeks there was news he is out of electricity...
As expected the futures arena is going downhill. This is no surprise. The bad actors wouldn't be stopped by the arguments like less platform vendors, exchange fees, etc. It will just get worse and worse. These cases will just gain traction until one day CME understands that they are not making the bucks they should be making and puts the regulator on duty.

As you say... milk everyone as big and as fast as possible.
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