Prop Firm Hub | Page 133 | 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

  • #2,641
  • Jul 27, 2021 4:47am Jul 27, 2021 4:47am
Quoting Rmg
{quote} Signed up for accelerated emphatic let's see.
Do keep us updated with your progress Rmg.

Masterrmind .........
Master your Mind then Master your Trades
  • #2,642
  • Jul 27, 2021 8:54am Jul 27, 2021 8:54am
Been experimenting with a bunch of the prop firms feeds.
I have a bot that opens a pending order near price if the price goes 1 move against closed the loss if it goes in profit it trails it.

With FTMO, Lux, thefundedtrader and MFF this bot fails miserably.

Below are the FT results where spread is below market and stop level is 0.

It doesn't take rocket science to say that they won't pay this out. But I can assure you its not arbitrage, its not hitting old prices, its no cheating per se, it could be considered taking advantage of fake prices, but they are the ones providing the fake prices.

How can you tell its not arbitrage? well, 63% winners only, barely a string of winners in a row etc. Trade time average is 5-10 seconds.

Does this bot work on a real account? Sometimes but not on volume that is worth a damn, once you get to 1 lot in size it starts to slip around like crazy, another thing that didn't happen at FT.

The results are 3 days.
Attached Image (click to enlarge)
Click to Enlarge Name: 15751903a7d69f5c13d36be61c2b0f2c.png Size: 26 KB
  • #2,643
  • Jul 27, 2021 9:33am Jul 27, 2021 9:33am
Quoting Takisd
Been experimenting with a bunch of the prop firms feeds. I have a bot that opens a pending order near price if the price goes 1 move against closed the loss if it goes in profit it trails it. With FTMO, Lux, thefundedtrader and MFF this bot fails miserably. Below are the FT results where spread is below market and stop level is 0. It doesn't take rocket science to say that they won't pay this out. But I can assure you its not arbitrage, its not hitting old prices, its no cheating per se, it could be considered taking advantage of fake prices, but...
That is insane. Point proven in my book. Let's see if Jessica pays you. lol
Glad it DOESN'T work on FTMO and MFF. Can you test it on the 5%ers?
  • #2,644
  • Jul 27, 2021 9:34am Jul 27, 2021 9:34am
Quoting pipmaster77
{quote} That is insane. Point proven in my book. Let's see if Jessica pays you. lol

No, I was already told to go away. I understand why but the funny thing is even if they used the natural futures spread on dow as a base line, this bot wouldn't work. The only reason it works with them is because the spread is fraudulent.
  • #2,645
  • Jul 27, 2021 9:34am Jul 27, 2021 9:34am
Quoting pipmaster77
{quote} That is insane. Point proven in my book. Let's see if Jessica pays you. lol Glad it DOESN'T work on FTMO and MFF. Can you test it on the 5%ers?
I'd need an account at 5ers lol but given the leverage, it might work but wouldnt do much
  • #2,646
  • Jul 27, 2021 9:39am Jul 27, 2021 9:39am
Quoting Takisd
{quote} No, I was already told to go away. I understand why but the funny thing is even if they used the natural futures spread on dow as a base line, this bot wouldn't work. The only reason it works with them is because the spread is fraudulent.
Well, to me, you have a case. You are not cheating, they are. You are not violating anything in their rules, it is their fake spread which allowed you to generate that profit. Looks like they could be back in court.
  • #2,647
  • Jul 27, 2021 9:47am Jul 27, 2021 9:47am
Quoting pipmaster77
{quote} Well, to me, you have a case. You are not cheating, they are. You are not violating anything in their rules, it is their fake spread which allowed you to generate that profit. Looks like they could be back in court.

In their fine print they state that trades have to last over 1 minute. So gotcha or whatever. I issued a charge back with the evidence anyway so its fine.
  • #2,648
  • Jul 27, 2021 10:28am Jul 27, 2021 10:28am
signed up with MFF- New 100k challenge.

Today is 2nd day of Ph. 1

8 more days to go.

For some reasons, Dashboard not updating since yesterday.
Attached Image (click to enlarge)
Click to Enlarge Name: Traders Global Group Incorporated MT4.png Size: 269 KB
Intraday only.
  • #2,649
  • Jul 27, 2021 2:00pm Jul 27, 2021 2:00pm
Quoting Takisd
{quote} In their fine print they state that trades have to last over 1 minute. So gotcha or whatever. I issued a charge back with the evidence anyway so its fine.
My head is spinning a bit with all that. That all seems entirely fishy AF.
Trade with confidence, trade without fear.
  • #2,650
  • Jul 27, 2021 2:09pm Jul 27, 2021 2:09pm
Don't forget these ...
Attached Image
  • #2,651
  • Jul 27, 2021 3:00pm Jul 27, 2021 3:00pm
Quoting navk
signed up with MFF- New 100k challenge. Today is 2nd day of Ph. 1 8 more days to go. For some reasons, Dashboard not updating since yesterday. {image}

In their discord they said they are experiencing some issue. But it should be solved now. Did you talk to their chat? A few people I know had dashboard issues and the chat guys helped solve it.
  • #2,652
  • Jul 27, 2021 3:18pm Jul 27, 2021 3:18pm
Quoting navk
signed up with MFF- New 100k challenge. Today is 2nd day of Ph. 1 8 more days to go. For some reasons, Dashboard not updating since yesterday. {image}
Yes, my dashboard was not updating until about 11 am eastern
  • #2,653
  • Jul 27, 2021 7:54pm Jul 27, 2021 7:54pm
Quoting Takisd
Been experimenting with a bunch of the prop firms feeds. I have a bot that opens a pending order near price if the price goes 1 move against closed the loss if it goes in profit it trails it. With FTMO, Lux, thefundedtrader and MFF this bot fails miserably. Below are the FT results where spread is below market and stop level is 0. It doesn't take rocket science to say that they won't pay this out. But I can assure you its not arbitrage, its not hitting old prices, its no cheating per se, it could be considered taking advantage of fake prices, but...
This is FT's stage 1 feed?
  • #2,654
  • Jul 27, 2021 8:59pm Jul 27, 2021 8:59pm
Quoting pipmaster77
{quote} Yes, my dashboard was not updating until about 11 am eastern
Now updating?
Mine still not.
I informed Mods in Discord.
Intraday only.
  • #2,655
  • Edited 10:03pm Jul 27, 2021 9:44pm | Edited 10:03pm
Now updating @ MFF dashboard.

Today is 3rd day.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 25 KB
Intraday only.
  • #2,656
  • Jul 28, 2021 12:40am Jul 28, 2021 12:40am
Quoting navk
Now updating @ MFF dashboard. Today is 3rd day. {image}
Nice progress.

Masterrmind ........
Master your Mind then Master your Trades
  • #2,657
  • Jul 28, 2021 1:46am Jul 28, 2021 1:46am
Another prop firm www.fmstraders.com.... I am in no way affiliated with them and have no experience with them so this post isn't an endorsement of the mentioned firm....They have a $1000,000 account balance option!!!!
  • #2,658
  • Jul 28, 2021 3:33am Jul 28, 2021 3:33am
Quoting PrimeFund
Another prop firm www.fmstraders.com.... I am in no way affiliated with them and have no experience with them so this post isn't an endorsement of the mentioned firm....They have a $1000,000 account balance option!!!!
Almost identical trading conditions to most of the others.

Very new so reason enough to be sceptical at this stage.

Biweekly payments.

Trade however you like.

Minimum 10 days trading.

Trading period 30 days phase 1 and 60 days phase 2.

10% target Phase 1 and 5% Phase 2
Daily DD of 5%
Max DD of 10%

80% profit split.

Leverage of 1:200.

200k challenge is $1250.

Appears there are no free retakes....hmmm.

All sounds very familiar with plenty of other current offerings.

$1 000 000 funded account via invitation only and is based on the traders performance.... Hmmmm.

Accept PayPal though which is nice.

Due diligence required.

ps. I will add them into Post 1 ... traders please conduct your own research.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,659
  • Edited 6:43pm Jul 28, 2021 7:37am | Edited 6:43pm
I believe the hardware upgrade is still in progress, so dashboard not updating.

Today, 3 days finished. 5 % done.

I may not trade FOMC.

That is all for the day.

Long way to go. 7 more days left.
Attached Image (click to enlarge)
Click to Enlarge Name: Traders Global Group Incorporated MT4.png Size: 205 KB
Intraday only.
  • #2,660
  • Jul 28, 2021 8:26am Jul 28, 2021 8:26am
Quoting doyathink
{quote} This is FT's stage 1 feed?
It was a phase 2 account
98 traders viewing now, 1 is registered:
ckart