Prop Firm Hub | Page 517 | 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

  • #10,321
  • Aug 18, 2022 3:42am Aug 18, 2022 3:42am
I bought a 10k account at a company that shall not be named just so I can get evidence to publish a bad review about them on trustpilot. Am I a bad person? I know this company is a scam, I know the owner is a scammer but my review on TP keeps getting removed so I decided to be a full customer in order to make sure the review stays there. Thoughts?
  • #10,322
  • Aug 18, 2022 3:59am Aug 18, 2022 3:59am
Quoting Takisd
I bought a 10k account at a company that shall not be named just so I can get evidence to publish a bad review about them on trustpilot. Am I a bad person? I know this company is a scam, I know the owner is a scammer but my review on TP keeps getting removed so I decided to be a full customer in order to make sure the review stays there. Thoughts?
You're a bad person if you don't tell us what prop firm it is lol
  • #10,323
  • Aug 18, 2022 4:06am Aug 18, 2022 4:06am
Quoting Takisd
I bought a 10k account at a company that shall not be named just so I can get evidence to publish a bad review about them on trustpilot. Am I a bad person? I know this company is a scam, I know the owner is a scammer but my review on TP keeps getting removed so I decided to be a full customer in order to make sure the review stays there. Thoughts?
That's an altruistic job.
I would be very interested in knowing if that's one of the companies that we speak most here...
  • #10,324
  • Aug 18, 2022 5:05am Aug 18, 2022 5:05am
Quoting Capablanca
{quote} That's an altruistic job. I would be very interested in knowing if that's one of the companies that we speak most here...

Its one I have mentioned is a scam, its not one on Andys list as far as i can see and its me wanting to screw an instagrammer.
  • #10,325
  • Aug 18, 2022 5:13am Aug 18, 2022 5:13am
Quoting KingLLL
{quote} You're a bad person if you don't tell us what prop firm it is lol
i dont want to give the name air, but if my money is stolen I will be sure to make it clear here and who
  • #10,326
  • Aug 18, 2022 5:23am Aug 18, 2022 5:23am
Quoting Takisd
{quote} Its one I have mentioned is a scam, its not one on Andys list as far as i can see and its me wanting to screw an instagrammer.
Hummmmm, I was thinking in one but that's on TrAndy list...
So let's wait for when you can disclose it. Always good to know.

The Trading Capital is a scam. I Already wrote that in the forum. But that has not been mentioned here.
  • #10,327
  • Aug 18, 2022 5:28am Aug 18, 2022 5:28am
Quoting Capablanca
{quote} Hummmmm, I was thinking in one but that's on TrAndy list... So let's wait for when you can disclose it. Always good to know. The Trading Capital is a scam. I Already wrote that in the forum. But that has not been mentioned here.

The facilitator of this firm is on the ban list on post 1.
  • #10,328
  • Aug 18, 2022 6:06am Aug 18, 2022 6:06am
Quoting CableJ
{quote} I just recently reached 400K funding with MFF, 360K with <1% risk puts me @ 100 lots on my tightest sl (varies 30-150 points). I can tolerate up to 3 points average slippage in + out if I have to go deeper in market depth for total fill, so I was considering pushing the envelope on my volume to test their limitations. My order execution EA can auto split total ticket size by specified amounts and send them all to market. If I understand you correctly, are you saying that when you split your 150-200 lot total ticket by 10 lot clicks the slippage...
At 100 lots, wouldn't 150 point SL put beyond the daily max draw down? May be I'm misunderstanding something here.
  • #10,329
  • Aug 18, 2022 7:07am Aug 18, 2022 7:07am
Quoting Takisd
I bought a 10k account at a company that shall not be named just so I can get evidence to publish a bad review about them on trustpilot. Am I a bad person? I know this company is a scam, I know the owner is a scammer but my review on TP keeps getting removed so I decided to be a full customer in order to make sure the review stays there. Thoughts?
-I think, if it can be done in a fair, honest and objective way, then it is very good and appreciated. If they are a scam, then they should be exposed as such. However, if it turns out that they are not a scam, then that should also be disclosed.
  • #10,330
  • Aug 18, 2022 7:24am Aug 18, 2022 7:24am
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-08-18_142125.gif Size: 50 KB
  • #10,331
  • Aug 18, 2022 7:33am Aug 18, 2022 7:33am
Quoting karun
{quote} At 100 lots, wouldn't 150 point SL put beyond the daily max draw down? May be I'm misunderstanding something here.
I think 100 lots on MFF equals 1 lot. their contract size is different.
  • #10,332
  • Aug 18, 2022 7:35am Aug 18, 2022 7:35am
Quoting Feelas
{quote} I think 100 lots on MFF equals 1 lot. their contract size is different.
On US30 and NAS, 1 lot on MFF is $1/point, FTMO is $10/point.
  • #10,333
  • Aug 18, 2022 7:42am Aug 18, 2022 7:42am
Quoting pipmaster77
{quote} On US30 and NAS, 1 lot on MFF is $1/point, FTMO is $10/point.
Yep, it's quite a mess within props and Specifications sometimes are not very useful.
I was checking US500 this week in props I use. Some is $1/point/per lot, some $10 and TFF is even $50
One has to be careful with that.
  • #10,334
  • Aug 18, 2022 7:43am Aug 18, 2022 7:43am
Quoting pipmaster77
{quote} On US30 and NAS, 1 lot on MFF is $1/point, FTMO is $10/point.
that's clear now. so he's trading on us500 & uk100.
  • #10,335
  • Aug 18, 2022 7:46am Aug 18, 2022 7:46am
Quoting Feelas
{quote} that's clear now. so he's trading on us500 & uk100.
S&P500, generally speaking, is normally 10 times the point value of US30 and NAS.
  • #10,336
  • Aug 18, 2022 7:57am Aug 18, 2022 7:57am
Quoting Capablanca
{quote} Yep, it's quite a mess within props and Specifications sometimes are not very useful. I was checking US500 this week in props I use. Some is $1/point/per lot, some $10 and TFF is even $50 One has to be careful with that.
That's one of the reasons I never use MT4. For me MT4 causes the problem as it forces you to trade in lots which has different meaning (size) among brokers and prop firms. A solution (for me) is trading my own cTrader account, where I can trade in units, and copy everything via Duplikium. I would have to do it anyways as I trade more prop accounts in the same time. It brings along other problems but at least I don't need to care about the stupid lot sizes
And besides - cTrader offer so much better trading environment that I cannot really understand how anyone can trade via MT4. I tried and it is a nightmare for me
Money is made by sitting, not trading
  • #10,337
  • Aug 18, 2022 8:28am Aug 18, 2022 8:28am
Quoting karun
{quote} At 100 lots, wouldn't 150 point SL put beyond the daily max draw down? May be I'm misunderstanding something here.
Same risk = 100 lots with 30 sl, 20 lots with 150 sl
  • #10,338
  • Edited 10:37am Aug 18, 2022 9:05am | Edited 10:37am
Quoting Boulder
Did Anyone try Apex ? is a good one ? I am just very confused about the rules Apex Trader Funding Introductory link:https://go.tradacc.com/getfunded-apex Best Current Deal: 50% discount on all account sizes for recurring monthly subscription.Discount Code: KORBS50
This is a futures platform not fx....
I tried it for 2 months but there are some things that I personally really did not like...
I had got it for 80% off so I payed $39 for 50k with a drawdown of $2500 (this will excite pipmaster, lol), also the payout is 90%, so I said I will try it
These are the positives, negatives for me....
a: You have to pay every month at 50% the rate off, that is $89 US a month
b: I really did not like Ninja trader(even if I was familiar with it in futures) really distract me from my overall trading
c: The only pairs you can trade are EURUSD, GBPUSD and AUDUSD, price action(you will get spikes) is NOT the same as in fx and volume is low
d: If you make some good money you cannot withdraw it all, there is a limit to the amount you can withdraw the first 3 months
e: I cannot use my money management EA'S
f: All positions must be closed by 5pm everyday, at 6pm you can open positions again and no weekend holding

Since I got rid of it my numbers have gone through the roof on my mt4, I am ok trading mt4 and mt5 but Ninja in the blend did not sit good with me....
Those who don't believe in magic will never find it
  • #10,339
  • Aug 18, 2022 9:19am Aug 18, 2022 9:19am
Quoting PayTheBid
{quote} I tried it for 2 months but there are some things that I personally really did not like... I had got it for 80% off so I payed $39 for 50k with a drawdown of $2500 (this will excite pipmaster, lol),, so I said I will try it That is the only positive, negatives for me.... One you have to pay every month at 50% the rate off, that is $89 US a month Second I really did not like Ninja trader(even if I was familiar with it in futures) really distract me from my overall trading Third The only pairs you can trade are EURUSD, GBPUSD and AUDUSD, price...
Thank you for the info.
  • #10,340
  • Aug 18, 2022 9:40am Aug 18, 2022 9:40am
Quoting Vitore
{quote} That's one of the reasons I never use MT4. For me MT4 causes the problem as it forces you to trade in lots which has different meaning (size) among brokers and prop firms. A solution (for me) is trading my own cTrader account, where I can trade in units, and copy everything via Duplikium. I would have to do it anyways as I trade more prop accounts in the same time. It brings along other problems but at least I don't need to care about the stupid lot sizes And besides - cTrader offer so much better trading environment that I cannot...
Here's the problem.... Ctrader is way more expensive than MT4/5 and a very small % of traders actually use it over mt4/5 when given a choice. So a prop/broker would be paying more for low usage which is why very few actually support it.
47 traders viewing now, 1 is registered:
NovemberMan