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Anyone trading with a Prop firm 31 replies

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  • #23,221
  • Sep 29, 2023 4:26pm Sep 29, 2023 4:26pm
Quoting Expo33
Forgive me Father for I have sinned. I just bought a 20K One-Step challenge with Maven {image}
Do you feel like you should punch a woman in the face for not being high value?
  • #23,222
  • Sep 29, 2023 4:35pm Sep 29, 2023 4:35pm
Quoting Rmg
{quote} Even better to go for Tradeday. Live account and 0 restrictions on withdrawal, EOD dd. Apteros minimum 2 months to get funded and withdrawal every quarter. E2T is also trailing dd on live account. Apex is a ponzi always on sale, activation fees, live trailing and withdrawal restrictions..pie in the sky.
Agreed, I opened a Tradeday account a few weeks ago. Easy to work with.

Quoting TrAndy1
{quote} Tradeday offer is without value. The (best) Score is 1, so no difference to trading ones own personal account. You do not get any value there on their offers.
Real world experience says different. You're scoring system was always flimsy at best.
Trade with confidence, trade without fear.
  • #23,223
  • Sep 29, 2023 4:37pm Sep 29, 2023 4:37pm
Quoting TrAndy1
{quote} Tradeday offer is without value. The (best) Score is 1, so no difference to trading ones own personal account. You do not get any value there on their offers.
I don’t follow the score system provided here.
The people behind TD seems genuine pros and they looking for actual skilled traders . This is not just about fees vs DD.
just my opinion.
on a postive roll...
  • #23,224
  • Sep 29, 2023 4:40pm Sep 29, 2023 4:40pm
Quoting Cryptosurf
{quote} Agreed, I opened a Tradeday account a few weeks ago. Easy to work with. {quote} Real world experience says different. You're scoring system was always flimsy at best.
Just started today 100k.
on a postive roll...
  • #23,225
  • Sep 29, 2023 4:44pm Sep 29, 2023 4:44pm
Quoting Rmg
{quote} Just started today 100k.
Thats the one I have as well, got it for $200 with some discount code somewhere. You have 10 days to make consistent profit, I averaged about $600-$700 a day. Just trading micro NQ and mini Dow. One trade a day gets there easily.
Trade with confidence, trade without fear.
  • #23,226
  • Sep 29, 2023 4:46pm Sep 29, 2023 4:46pm
The Score, I name this score, you can also say value in multiple times for your spent challenge fee, is objective. It is mathematical on Euler based and exact what you get. So on Tradeday the score is only 1 on their best offers. So basically you also have the rules with the prop firm which you do not have on your own personal futures broker. There is no value to join this offer. It is really stupid to join. Just to say it in honest words.
  • #23,227
  • Sep 29, 2023 4:48pm Sep 29, 2023 4:48pm
Quoting TrAndy1
The Score, I name this score, you can say value in multiple times for your spent challenge fee, is objective. It is mathematical on Euler based and exact what you get. So on Tradeday the score is only 1 on their best offers. So basically you also have the rules which you do not have on your own personal futures broker. There is no value to join this offer. It is really stupid to join. Just to say it in honest words.
Nice one .
Stupid huh.
Thanks
on a postive roll...
  • #23,228
  • Sep 29, 2023 4:50pm Sep 29, 2023 4:50pm
Quoting TrAndy1
The Score, I name this score, you can also say value in multiple times for your spent challenge fee, is objective. It is mathematical on Euler based and exact what you get. So on Tradeday the score is only 1 on their best offers. So basically you also have the rules with the prop firm which you do not have on your own personal futures broker. There is no value to join this offer. It is really stupid to join. Just to say it in honest words.
Well honestly, your Euler scoring system was always absolute dog .
Trade with confidence, trade without fear.
  • #23,229
  • Sep 29, 2023 4:51pm Sep 29, 2023 4:51pm
Quoting Cryptosurf
{quote} Thats the one I have as well, got it for $200 with some discount code somewhere. You have 10 days to make consistent profit, I averaged about $600-$700 a day. Just trading micro NQ and mini Dow. One trade a day gets there easily.
May I ask what do you mean by „One trade gets there easily“?
  • #23,230
  • Edited 5:08pm Sep 29, 2023 4:57pm | Edited 5:08pm
Quoting lddd
{quote} May I ask what do you mean by „One trade gets there easily“?
I only trade after the opening bell, usually after the top of the hour (10am EST). Im eyeing the trend via recent PA, anchored VWAP, etc then place trades accordingly.

Usually 10 Micro NQ and 2 mini Dow

Todays profit:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_28.png Size: 7 KB
Trade with confidence, trade without fear.
  • #23,231
  • Sep 29, 2023 4:59pm Sep 29, 2023 4:59pm
Ignored me, so quickly.
How you can become a trader with such a fragile ego.
Sorry for you TrAndy.
on a postive roll...
  • #23,232
  • Sep 29, 2023 5:07pm Sep 29, 2023 5:07pm
Quoting Rmg
Ignored me, so quickly. How you can become a trader with such a fragile ego. Sorry for you TrAndy.
He put me on ignore as well lol.

What his calculations doesn't show is I've paid $200 to start, will hit the max $5k sim profit limit before the next months subscription fee is due. Then they will move me to live account with some extra fees. I'll make the monthly fees in just one days profit.
Trade with confidence, trade without fear.
  • #23,233
  • Sep 29, 2023 5:08pm Sep 29, 2023 5:08pm
Quoting Takisd
{quote} Do you feel like you should punch a woman in the face for not being high value?
Nah. But I'm scum so I'll fit in with Maven

BTW, what's this all about? Never noticed that before
Attached Image (click to enlarge)
Click to Enlarge Name: maven.jpg Size: 55 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #23,234
  • Sep 29, 2023 5:11pm Sep 29, 2023 5:11pm
Quoting Cryptosurf
{quote} He put me on ignore as well lol. What his calculations doesn't show is I've paid $200 to start, will hit the max $5k sim profit limit before the next months subscription fee is due. Then they will move me to live account with some extra fees. I'll make the monthly fees in just one days profit.
There's no extra fees, just exchange fees 120 or something.
on a postive roll...
  • #23,235
  • Sep 29, 2023 5:23pm Sep 29, 2023 5:23pm
Quoting Rmg
{quote} There's no extra fees, just exchange fees 120 or something.
Yeah thats what i was referring to
Trade with confidence, trade without fear.
  • #23,236
  • Sep 29, 2023 6:08pm Sep 29, 2023 6:08pm
Quoting Expo33
Forgive me Father for I have sinned. I just bought a 20K One-Step challenge with Maven {image}
Are you a tater tot now? lol Gold bless...
memento mori
  • #23,237
  • Edited 6:37pm Sep 29, 2023 6:13pm | Edited 6:37pm
Quoting TrAndy1
{quote} The Apteros Score is negative. You need to flip 2.5 times in your challenge. Means on Euler this 12.2 times as value, which is 300 USD per month (!), then you have 60% split only of 4k USD max. DD. So you pay per month in value around 3.7k to get after split 2.4k. This is daylight robbery, only for those who cannot calculate.

60 % is from your second payout and onwards..

“ 100% First Payout Bonus
As a testament to our belief in your trading skills, we offer a unique bonus—keep every single cent of your first payout, up to a staggering $100,000. It's our way of celebrating your initial success with Apteros.”



professional exchange fees

Funded Trader Programs: $3.80 to $4.50 per contract, per round turn, which are more realistic current market rates.

With Apteros: Only $1.20 per contract, per round turn, thanks to our exclusive CME 106.J rates.


AND the $297/month is paid back when you pass

AND you will get bigger drawdowns, more contracts to trade if your trading is good enough





Daylight robbery ?

does your score takes into account the probability that you will GET your payout after all the time and money spent ?!

remember this ?

TrAndy1 :”
I also hope that I can get my 10k payout from MFF and can continue to trade on my 600k funded accounts. I guess they will find a solution to continue very soon, really. “



your score needs some SERIOUS adjustment to get the bigger picture of an offer
  • #23,238
  • Sep 29, 2023 6:15pm Sep 29, 2023 6:15pm
Quoting Rmg
{quote} Even better to go for Tradeday. Live account and 0 restrictions on withdrawal, EOD dd. Apteros minimum 2 months to get funded and withdrawal every quarter. E2T is also trailing dd on live account. Apex is a ponzi always on sale, activation fees, live trailing and withdrawal restrictions..pie in the sky.
“On-Demand Payouts
Your money, when you want it. With Apteros, request your profits whenever you deem fit. It's all about giving you control over your finances.”
  • #23,239
  • Sep 29, 2023 6:19pm Sep 29, 2023 6:19pm
Quoting Trader191
{quote} but its drawdown, that is recovered very fast, so 20% drawdown is nothing when doing your 900% each year, so still do not know the problem with small 50.000 loss. and i do not mean any as attack, i mean it like this: with 20% average monthly you should rock the world, totally do not use any prop and just grow your account and grow and grow. so simple .. long term planing over short term game playing in prop. so your plan in general is wrong , or the 20% monthly is wrong, both do not match or you like wasting extrem money and time. take this...
If people have a strategy that give them an edge and a net profit consistently in the long run, what's the downside to have extra capital from reputable reliable prop firms like ftmo? Provided your strategy actually works and has a risk to reward ratio that meet prop firms' drawdown and profit requirement. You are essentially using 1k to get a 16k buying power more or less ('cause 20k is the max account loss for a 200k account and it's a 80% payout at first), and you are gonna get back that 1k refund once you get your first payout.

It's a way for people from unprivileged backgrounds but with good trading skills to have a real shot at overcoming the money barrier. I don't take that opportunity for granted. But of course, people have to go for prop firms that actually deliver the payouts with no bullshit. Which is the exact reason why we are here, to help each other to weed out the bad prop firms and give warmings to each other.

But obviously, you are entitled to your opinion as everyone should. So you can keep trading your own account while I trade both my own account and live funded ones
memento mori
  • #23,240
  • Edited 7:15pm Sep 29, 2023 7:02pm | Edited 7:15pm
Quoting Stoneyrocks
{quote} before you signup , have look at this thread https://www.elitetrader.com/et/threa...unding.368122/ better options www.earn2trade.com and the REAL DEAL in futures prop : https://www.apterostrading.com/prop-desk
I don't need to look @ that thread, I know the requirements & what I'm getting into... as I mentioned, the system avoids their main trap.
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