Prop Firm Hub | Page 58 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

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

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #1,141
  • May 19, 2021 4:53pm May 19, 2021 4:53pm
Quoting Takisd
{quote} I see your hint at me Its ok. My comment about the criminal element is that you are paying more than you are allowed to lose on something that is so hugely restrictive. Obviously not going near the loss parameters long term may yield a fruit baring tree. But the fact that they charge you to use your own money as drawdown to me is criminal. I struggle with that concept completely but I am not from the states so leverage etc is never really a concern for me. I would argue that a sweet spot is probably somewhere in the middle between...
I'm with you 100%. I am not judging anyone, just looking out for fellow traders. I posted the math a few days ago. By stage 3, personal account is literally double your 5%ers account. Added benefit....you keep 100%. However, if somehow you can twist those numbers into a good deal, like I said, I'm not judging.
  • #1,142
  • May 19, 2021 4:54pm May 19, 2021 4:54pm
Here it is....

Quoting pipmaster77
{quote} I'm going to summarize up to stage 3 as that is all that is needed, but if you take it to stage 7, your mind will be blown. I'm going to use nice round numbers so let's go with 10K account at 5%ers at a cost of $450 with DD of $400. For the sake of ease, we will use a 500 pip "risk of ruin". Way too low, in my opinion, but it's just for demonstration, you can plug any number in there. With a 500 pip risk of ruin, you will trade .80/pip with 5%ers and .90/pip in your personal account. To hit the $600 target with the 5%ers, you will need 750...
  • #1,143
  • May 19, 2021 6:15pm May 19, 2021 6:15pm
I was reading the https://www.lepusproprietarytrading..../probation-mex funding challenge.The target is only 4-6% monthly at 30x leverage.I trade 30x leverage on my live account , and with only 2-3 trades a week (swing trading) i made 150-200% EVERY MONTH in the last months.Strange that their request 4-6% is so small ... or am i too good ?!?
Attached Image
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,144
  • May 19, 2021 6:27pm May 19, 2021 6:27pm
Quoting Pipa1
I was reading the https://www.lepusproprietarytrading..../probation-mex funding challenge.The target is only 4-6% monthly at 30x leverage.I trade 30x leverage on my live account , and with only 2-3 trades a week (swing trading) i made 150-200% EVERY MONTH in the last months.Strange that their request 4-6% is so small ... or am i too good ?!?{image}
You're too good. But to be honest, what matters is your draw down. What is your sharp ratio?
  • #1,145
  • May 19, 2021 6:28pm May 19, 2021 6:28pm
Quoting KoiFish
{quote} You're too good.
hahaha
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,146
  • May 19, 2021 6:30pm May 19, 2021 6:30pm
Quoting Koop
{quote} Lol, baffling that the 5ers' offering appeals to a lot of traders. I don't get it. Anyways, i've been seriously interested in the whole direct funding idea since i heard of it but all the firms currently offering it either try to stifle your growth and profit potential with terribly low leverage like Traderscentral, Fxseed, Blufx, (all 1:3) or 5ers and the likes (1:6). Was excited for MFF to launch their own but this is like the 3rd time it's been postponed. Credibility aside, what do you guys think about this Direct funding offer from Tradersprop?...

Interesting one Koop. Anyone thinking of giving it a go?
Trading is SIMPLE not EASY.
  • #1,147
  • May 19, 2021 6:37pm May 19, 2021 6:37pm
Quoting KoiFish
{quote} You're too good. But to be honest, what matters is your draw down. What is your sharp ratio?
Max draw down at 30x was 5-10% where am 100% invested in 2-3 instruments.But to be honest, i know the game.I don't trade for adrenalineMy targets are almost always 20-25% my account also.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,148
  • May 19, 2021 6:45pm May 19, 2021 6:45pm
Quoting Koop
{quote} Lol, baffling that the 5ers' offering appeals to a lot of traders. I don't get it. Anyways, i've been seriously interested in the whole direct funding idea since i heard of it but all the firms currently offering it either try to stifle your growth and profit potential with terribly low leverage like Traderscentral, Fxseed, Blufx, (all 1:3) or 5ers and the likes (1:6). Was excited for MFF to launch their own but this is like the 3rd time it's been postponed. Credibility aside, what do you guys think about this Direct funding offer from Tradersprop?...
MFF website is just ready will be out Friday
Insanityoing same ting over expecting different results..Einstein
  • #1,149
  • May 19, 2021 6:47pm May 19, 2021 6:47pm
Quoting Pipa1
{quote} Max draw down at 30x was 5-10% where am 100% invested in 2-3 instruments.But to be honest, i know the game.I don't trade for adrenalineMy targets are almost always 20-25% my account also.
Attached Image
Trading is SIMPLE not EASY.
  • #1,150
  • May 19, 2021 7:28pm May 19, 2021 7:28pm
Quoting Pipa1
I was reading the https://www.lepusproprietarytrading..../probation-mex funding challenge.The target is only 4-6% monthly at 30x leverage.I trade 30x leverage on my live account , and with only 2-3 trades a week (swing trading) i made 150-200% EVERY MONTH in the last months.Strange that their request 4-6% is so small ... or am i too good ?!?{image}
So you are saying in a month or two you will own the world bank.. Awesome!
  • #1,151
  • May 19, 2021 7:38pm May 19, 2021 7:38pm
Quoting Takisd
{quote} So you are saying in a month or two you will own the world bank.. Awesome!
I am a special case .Talented and very modest.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,152
  • May 19, 2021 8:03pm May 19, 2021 8:03pm
Quoting Pipa1
{quote} I am a special case .Talented and very modest.
what takisd is saying if you make those returns CONSISTENTLY, you'd be a billionaire in a year. I call BULLSHIT. Unless of course, you are doing it on a $50 account. 150-200% per month. C'mon now.
  • #1,153
  • May 19, 2021 8:06pm May 19, 2021 8:06pm
Quoting pipmaster77
{quote} what takisd is saying if you make those returns CONSISTENTLY, you'd be a billionaire in a year. I call BULLSHIT. Unless of course, you are doing it on a $50 account. 150-200% per month. C'mon now.
10k account...i live from it.With 50$ you can't trade 30x leverage.
I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,154
  • May 19, 2021 10:47pm May 19, 2021 10:47pm
Quoting Koop
{quote} True about MFF. Their official telegram is very active and informative as well. I guess they've overcome the initial pressure. Good alternative or combination to FTMO now. What a time to be alive. What are the FXpig spreads like though?
They are similar but looks better than FTMO terms and conditions.

Not sure if anyone tried until now and reviews available.
Intraday only.
  • #1,155
  • May 20, 2021 1:57am May 20, 2021 1:57am
Quoting Pipa1
I was reading the https://www.lepusproprietarytrading..../probation-mex funding challenge.The target is only 4-6% monthly at 30x leverage.I trade 30x leverage on my live account , and with only 2-3 trades a week (swing trading) i made 150-200% EVERY MONTH in the last months.Strange that their request 4-6% is so small ... or am i too good ?!?{image}
I just love those bed time stories
Whether you think you can, or you think you can't,you're right. H.F.
  • #1,156
  • May 20, 2021 2:19am May 20, 2021 2:19am
Quoting Pipa1
{quote} 10k account...i live from it.With 50$ you can't trade 30x leverage.
Lol you make 15k to 20k monthly on your 10k account at 1:30?
Geez at this point you're a money doubler and banks will be bidding for your services in no time.
Why don't you increase the balance from 10k as you continue to profit though?

I've seen this name somewhere recently.. Can't remember
  • #1,157
  • May 20, 2021 2:22am May 20, 2021 2:22am
Quoting garfield75
{quote} Interesting one Koop. Anyone thinking of giving it a go?
It's actually very interesting. Paying 300$ to trade a $5k account at 1:100 leverage or $600 to trade $10k immediately, getting splits every two weeks. I was considering it seriously but one can't overlook how shady the site/firm appears.
I've just already taken a huge risk with Funding Talent.

Fxsniper says MFF are launching theirs tomorrow. Best option.
  • #1,158
  • May 20, 2021 2:31am May 20, 2021 2:31am
Quoting Simply-Me
{quote} I just love those bed time stories
Making money in the market is a bed time story.I'm a bit disappointed... this confirm the 99% struggling is real data....5-6 years ago at 400x leverage but a smaller account i had .........but i prefer not to tell cause i might ruin your day

Don't bother to quote me anymore, i won't respond.Time is money for me.

I'm The Real Deal Quant-XR ,The Financial Hacker
  • #1,159
  • May 20, 2021 2:42am May 20, 2021 2:42am
Quoting Koop
{quote} It's actually very interesting. Paying 300$ to trade a $5k account at 1:100 leverage or $600 to trade $10k immediately, getting splits every two weeks. I was considering it seriously but one can't overlook how shady the site/firm appears. I've just already taken a huge risk with Funding Talent. Fxsniper says MFF are launching theirs tomorrow. Best option.
Nice, all the best. Are you planning to share your result?
Trading is SIMPLE not EASY.
  • #1,160
  • May 20, 2021 2:59am May 20, 2021 2:59am
Quoting garfield75
{quote} Nice, all the best. Are you planning to share your result?
Most likely.
i'll strap on a T.E once i manage to be up 2% on my Funding talent challenge. I'll start trading the account next week.
Still trying to sort some things out with support since yesterday morning, no reply to my mails. I don't understand why they won't just get a live chat like other firms.

If MFF drops their direct funding plan tomorrow and offer biweekly payments, i'm jumping ship.
170 traders viewing now