Prop Firm Hub | Page 956 | 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

  • #19,101
  • Aug 28, 2023 6:21am Aug 28, 2023 6:21am
Quoting SheikhCarlos
{quote} Is your AMP futures account on MT5? If so is it a Netting or Hedging one? Can you choose with live/real AMP accounts? I see that STT (Social Trader Tools) copy MT5 to MT4 but their copier only works with Hedging MT5 accounts not Netting ones. Which copier do you use?
AMP is a live futures account. It is not a prop firm. You have many platforms to chose from. I choose MT5, and it is netting only. I do not use a copier with them.
Trade with confidence, trade without fear.
  • #19,102
  • Edited 11:44am Aug 28, 2023 11:32am | Edited 11:44am
More intraday traders should seriously look into futures trading especially indices traders... 150 S&P mini contracts (33M position) are routinely filled 1 level deep in order book during US session. That = 7500 MFF SPY lots in a single click. Equivalent of 150 MFF U30 lots & 400 NAS lots are also possible 1 level deep... futures offers tremendous compounding growth potential.
  • #19,103
  • Aug 28, 2023 11:55am Aug 28, 2023 11:55am
Quoting CableJ
More intraday traders should seriously look into futures trading especially indices traders... 150 S&P mini contracts (33M position) are routinely filled 1 level deep in order book during US session. That = 7500 MFF SPY lots in a single click. Equivalent of 150 MFF U30 lots & 400 NAS lots are also possible 1 level deep... futures offers tremendous compounding growth potential.
which prop firm do you use for futures trading?
  • #19,104
  • Aug 28, 2023 11:59am Aug 28, 2023 11:59am
so as you can see clearly in this pic
i was able to made 380 $ profit on live account just 1 day after i got the account
but gave back all to the market, and also went into drawdown
and during this phase i also lost my 5k live account of my forex funds without first payout and refund
which give me learning that... you need to be very patient for your 1st payout and refund

so i patiently work on this account even without any greed that i made 380 $ in just 2 days
that i want the same money back kind of attitude or thinking..
so as you can its almost 1 month completed and now i able to make just 150 $ profit
but the great thing is that i will not lose it back to the market because now i will stop trading this live account also
and place payout request on 31st august which is just 2 days ahead..

so i will get 80% of 150 $ profit + 95 $ refund may be (true forex funds account is costly, its not smart prop trader, the funded trader is very very costly)
so may be the payout will be 120 $ + 95 $ = 215 $
i am happy.. these prop firm trading will actually make the trader disciplined
Attached Image (click to enlarge)
Click to Enlarge Name: tff payout.jpg Size: 140 KB
  • #19,105
  • Aug 28, 2023 12:02pm Aug 28, 2023 12:02pm
Quoting CableJ
More intraday traders should seriously look into futures trading especially indices traders... 150 S&P mini contracts (33M position) are routinely filled 1 level deep in order book during US session. That = 7500 MFF SPY lots in a single click. Equivalent of 150 MFF U30 lots & 400 NAS lots are also possible 1 level deep... futures offers tremendous compounding growth potential.
agreed but i find Options way better
  • #19,106
  • Aug 28, 2023 12:13pm Aug 28, 2023 12:13pm
Quoting Boulder
{quote} which prop firm do you use for futures trading?
no prop firm, personal futures trading account with AMP like Cryptosurf
  • #19,107
  • Aug 28, 2023 12:17pm Aug 28, 2023 12:17pm
Quoting 1odi
{quote} agreed but i find Options way better
Equities or Futures options?

I've infrequently traded options over the years, but I never really liked the time value deterioration aspect of options.
  • #19,108
  • Aug 28, 2023 12:26pm Aug 28, 2023 12:26pm
Quoting CableJ
{quote} no prop firm, personal futures trading account with AMP like Cryptosurf
ok. I think MFFX just started futures trading. I thought you use them. I have not traded futures before, I may give them a try there soon
  • #19,109
  • Aug 28, 2023 12:36pm Aug 28, 2023 12:36pm
Quoting 1odi
{quote} agreed but i find Options way better
For US citizens, Options have a high cost barrier to enter. The choice of brokers aren't that attractive either.
Trade with confidence, trade without fear.
  • #19,110
  • Aug 28, 2023 12:41pm Aug 28, 2023 12:41pm
Quoting Boulder
{quote} ok. I think MFFX just started futures trading. I thought you use them. I have not traded futures before, I may give them a try there soon
Futures prop firms have been around for awhile now. TopStep being the oldest, 10+ years. There's plenty to choose from, however none of them offer MT5.

If you've never traded futures, or unfamiliar with them, then jumping on a prop firm would be as sane as lighting your bank account on fire.
Trade with confidence, trade without fear.
  • #19,111
  • Aug 28, 2023 12:55pm Aug 28, 2023 12:55pm
This is something I try to understand yet. Im still learning of course but I did look into Options and its alternatives for my style of trading. Basically I only found QQQ to come close. Its as if it became a hype options trading "cool thing to do" as some did stats studies on it comparing it with futures and options fell way behind in profits. Then theres this fact options decay in time. No offense but like the forex world vs futures"and indices" . Forex is like a roller coaster. The volume is based on per forex broker basis probably even fake since brokers could fake those numbers, so respect to those who enjoy that and do it well with currencies.
Similarly why would anyone over complicate trading with Options if it gives less return too. Maybe its easier and more stable once you have learned it for long term trading. Thats my guess.
Anyhow just what I noticed after some years of research.
Also why is there so so few prop firms supporting Options. That is what made me truly look into it. As if its more stable profitable and thus prop firms avoid it.
  • #19,112
  • Aug 28, 2023 1:05pm Aug 28, 2023 1:05pm
Quoting CableJ
{quote} no prop firm, personal futures trading account with AMP like Cryptosurf
Since I don't trade indices. Enlighten me a little, how is better to trade Eur future 6E1! comparing to EurUSd?
  • #19,113
  • Aug 28, 2023 1:07pm Aug 28, 2023 1:07pm
Quoting 1odi
{quote} agreed but i find Options way better
In futures you have to be right about direction. In options you have to be right about direction and timing.

(although I agree with you - futures is like having an hammer, options is having all the complete tools box)
  • #19,114
  • Aug 28, 2023 1:08pm Aug 28, 2023 1:08pm
Quoting Cryptosurf
{quote} Futures prop firms have been around for awhile now. TopStep being the oldest, 10+ years. There's plenty to choose from, however none of them offer MT5. If you've never traded futures, or unfamiliar with them, then jumping on a prop firm would be as sane as lighting your bank account on fire.
And the trailing DD sucks so it's basically useless
  • #19,115
  • Aug 28, 2023 1:13pm Aug 28, 2023 1:13pm
Quoting Cryptosurf
{quote} If you've never traded futures, or unfamiliar with them, then jumping on a prop firm would be as sane as lighting your bank account on fire.
I second this. Futures are a beast of its own.
  • #19,116
  • Aug 28, 2023 1:14pm Aug 28, 2023 1:14pm
Quoting Boulder
{quote} Since I don't trade indices. Enlighten me a little, how is better to trade Eur future 6E1! comparing to EurUSd?
Interactive brokers doesn't provide leverage for forex to european retail customers.
https://www.interactivebrokers.com/l...rrer=cqe1.15.1

Forex futures is an alternative, as well as forex CFDs. Futures are safer in terms of counterpart risk, although I prefer the flexibility of CFDs (risk of counterpart is Interactive Brokers, which is basically the same in most of forex brokers).
  • #19,117
  • Aug 28, 2023 1:44pm Aug 28, 2023 1:44pm
Apex has a futures prop offering. No idea how legit it is. Subscription model and NinjaTrader and Tradovate are the only platforms.

Apex Trader Funding - Funded Trader Program
Trade with confidence, trade without fear.
  • #19,118
  • Aug 28, 2023 4:01pm Aug 28, 2023 4:01pm
Quoting Cryptosurf
Apex has a futures prop offering. No idea how legit it is. Subscription model and NinjaTrader and Tradovate are the only platforms. Apex Trader Funding - Funded Trader Program
For those curious about futures prop firms be careful as with any investment i'll requote what someone once said and which I noticed is true as well.
Real live account: Firm makes money on profit splits so they will encourage withdrawals, the bigger the better for them.
BluSky.pro, Apteros, E2T, etc...
Livesim account: Firm makes money on subscription fees, reset fees and activation fees, they will generally delay or discourage big withdrawals with some antics.
Example : Leeloo, Apex Trader Funding, Bulenox, TickTIckTrader, etc...

Also Apex suddenly out of nowhere changed their withdrawal allowances. But they have a good reputation to give withdrawals even if I doubt they will be around for a long time since they started doing sketchy things as they did recently with withdrawals.
  • #19,119
  • Aug 28, 2023 4:31pm Aug 28, 2023 4:31pm
Quoting Takisd
{quote} Maniac - purchasing this account, using the levers and expecting to get paid. Hope you are well expo
Very well Takisd thank you
Pride always comes before destruction.... -Proverbs 16:18
  • #19,120
  • Aug 28, 2023 4:34pm Aug 28, 2023 4:34pm
Quoting KoyaAndy18
one thing i don't like with the tradiac is they don't offer refund if you pass the assessment. {image}
Yea my post about this prop was sarcastic.

I wouldn't even sign up with your money. Complete garbage offering
Pride always comes before destruction.... -Proverbs 16:18
71 traders viewing now