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  • #27,521
  • Dec 26, 2023 2:20pm Dec 26, 2023 2:20pm
Quoting mixedbags
{quote} everytime I see you giving advise here it makes me laugh, puke and shit all at the same time. People actually still believe you know about trading by burying your head in the sand. ......You literally don't even know what is trading 99% of the time. @OutThere is still laughing.
Right, because I failed a 5%ers instant funding one time. You are correct, that defines my entire career as a trader.
  • #27,522
  • Dec 26, 2023 2:21pm Dec 26, 2023 2:21pm
The cult of the dumb should keep politics out of this thread.
  • #27,523
  • Dec 26, 2023 2:57pm Dec 26, 2023 2:57pm
Quoting TraderTero
The cult of the dumb should keep politics out of this thread.
If you are referring to the folks that have no clue despite common sense slapping them in the face every single day..........Couldn't agree more.
  • #27,524
  • Dec 26, 2023 3:25pm Dec 26, 2023 3:25pm
Quoting pipmaster77
{quote} If you are referring to the folks that have no clue despite common sense slapping them in the face every single day..........Couldn't agree more.
https://www.palmerreport.com/analysi...-stupid/47525/
  • #27,525
  • Dec 26, 2023 3:30pm Dec 26, 2023 3:30pm
Can we PLEASE get back to discussing Prop firms?? Those who want to have a GOP jerk circle should start their own thread.
  • #27,526
  • Dec 26, 2023 3:32pm Dec 26, 2023 3:32pm
Anyone can provide traffic change on FX and Futures props for December?? I member it was posted many times, forgot who shared it at the moment. Thank you.
  • #27,527
  • Dec 26, 2023 4:29pm Dec 26, 2023 4:29pm
Quoting hayseed
{quote} //----- lot of long words there and we are but humble pirates....... low risk..... low returns..... 0 blown funded accounts..... speed kills.....h
hahaha.. appreciate the reply hayseed.
Interested to hear what you consider low risk? Say 100k account working off 10% DD to account closure. There’s opportunity cost when account is blown up and has to be repurchased, passed and payout achieved.
So large number of accounts with many providers with low risk or a structured portfolio of accounts with differing risk profiles? Trying to model this too see the viability of each portfolio model and balance.
  • #27,528
  • Dec 27, 2023 12:07am Dec 27, 2023 12:07am
Quoting DwnUndrTrdr
{quote} hahaha.. appreciate the reply hayseed. Interested to hear what you consider low risk? Say 100k account working off 10% DD to account closure. There’s opportunity cost when account is blown up and has to be repurchased, passed and payout achieved. So large number of accounts with many providers with low risk or a structured portfolio of accounts with differing risk profiles? Trying to model this too see the viability of each portfolio model and balance.
//------

my thoughts will likely be of no value to you...... and will be the polar opposite to most......

as for risk...... all my funded accounts are 100k..... my goal is 200$ per day..... have never blown a funded account and odds of me doing so are almost 0..... that's low risk....

as for large number of accounts....... don't underestimate how difficult it is trading multiple prop accounts at the same time..... multiple brokers/providers , multiple account sizes, multiple symbols, symbol specs and rules ....... it will burn your mind......

trade copiers might help to some degree....... ea's will help more...... in the end, large numbers of accounts with multiple brokers only sounds good, the first 5 days......

as for opportunity cost, you are 100% correct...... that is the very reason i don't want to blow an account...... it's the classic turtle vs the rabbit race......

while i do truly admire all the rabbit traders, i'm comfortable being the turtle......

they live longer......h
to trade and code, keep both simple... no call to impress....h
  • #27,529
  • Edited 5:19am Dec 27, 2023 12:46am | Edited 5:19am
Quoting t0bias
Hi, can anyone help me to find out which of the following prop firms are legit? TheFundedTrader myfundedfx.com instantfunding.io surgetrader.com goatfundedtrader.com directfundedtrader.com bespoketoptiertrader.com toptiertrader.com The last 2 could be bad as i read already in this thread? Most of them are with Thinkmarkets, because I like their spreads. If someone know a good prop firm with Thinkmarkets please let me know
TFT is Angelo, a known shady guy.
MFFx is Matt. He is being paying for a long time. I would say you can milk them provided that you are not very greedy. Beware because it's a US firm so they can be shut up at any time.
Surge trader CEO is Jana Seaman. She and his husband were convicted of a ponzi scheme
Goat is known for many denied payouts recently
Instant and direct funded I don't know them.

Top tier was the only prop that denied me funded account and didn't provide explanation. Cue Bank is a shady guy to say the least.
Bespoke will kick you out when you are profitable.
  • #27,530
  • Dec 27, 2023 12:48am Dec 27, 2023 12:48am
Quoting TrAndy1
The entry barrier is simpy too low...that is a problem, because the scam starts already here. https://www.youtube.com/watch?v=bVfh0HywUiY https://franknagyfinancialservices.c...ding-formation
I would pay a ticket to see this guy discussing things with Takisd
  • #27,531
  • Dec 27, 2023 12:59am Dec 27, 2023 12:59am
Quoting DwnUndrTrdr
{quote} hahaha.. appreciate the reply hayseed. Interested to hear what you consider low risk? Say 100k account working off 10% DD to account closure. There’s opportunity cost when account is blown up and has to be repurchased, passed and payout achieved. So large number of accounts with many providers with low risk or a structured portfolio of accounts with differing risk profiles? Trying to model this too see the viability of each portfolio model and balance.
Prop firms are not reliable enough to expect them to pay you in case you got lucky with a high risk/ high reward strategy.
Remember that guy here a few posts ago who got called out by FTMO because he traded his funded account with high size even though he was still below the maximum leverage allowed. Remember that your wins are their losses.
Don't give up on your dreams. Keep sleeping.
  • #27,532
  • Dec 27, 2023 1:05am Dec 27, 2023 1:05am
Quoting Artcool
{quote} Prop firms are not reliable enough to expect them to pay you in case you got lucky with a high risk/ high reward strategy. Remember that guy here a few posts ago who got called out by FTMO because he traded his funded account with high size even though he was still below the maximum leverage allowed. Remember that your wins are their losses.
Well I mean for mean time is the best tool we can use as trader
I'm with funded engineer being payout 7 times now, but spread are gone up 1 pip lol for all instruments
But hopefully all firm stay for couples years
  • #27,533
  • Dec 27, 2023 1:33am Dec 27, 2023 1:33am
Quoting HengkiTjen
{quote} Well I mean for mean time is the best tool we can use as trader I'm with funded engineer being payout 7 times now, but spread are gone up 1 pip lol for all instruments But hopefully all firm stay for couples years
That's the spirit. Milk them as much as we can, as longer as we can, knowing that they can disappear (or kick us out) overnight.
  • #27,534
  • Dec 27, 2023 1:49am Dec 27, 2023 1:49am
Quoting Capablanca
{quote} I would pay a ticket to see this guy discussing things with Takisd
But I don't need steak knives.
  • #27,535
  • Dec 27, 2023 2:56am Dec 27, 2023 2:56am
Quoting Eren10
{quote} 10 lot on gold, that is almost all-in. One miss you loose your account. But you can also win big if you entered on the rıght moment
True that. Some moment of madness revenge trading. I guess FTMO didn't like it. I'm keeping it to a max of 1 lot from now on. Target is 500/day/per account. Keep it slow and steady. Hope the prop firm gravy train gives a few more months of payouts at least.
  • #27,536
  • Dec 27, 2023 3:40am Dec 27, 2023 3:40am
Quoting HengkiTjen
{quote} so no direct from crypto payout ? have to through Rise ?
In my case with MFFU. They pay in this moment only with Rise, then you have to do that. Of course, generally, you can get your payout directly in crypto.
But you have to considere one point : Prop firm ----> Riseworks ----> crypto is sometimes (rare but existing cases) cheaper than prop firm ---> crypto
  • #27,537
  • Dec 27, 2023 3:51am Dec 27, 2023 3:51am
Just want to add, only for information (please, do your own research) , that I got a new payout with Myflasfunding.
I'm the first to be surprised but for the moment, as I already said, this prop has no flaws: ultra-fast payment, account reset as soon as payout is requested. Challenge phase 1 at only 6%. Very active community on Discord, big permanent promotions, nice chat support. I don't understand how they manage to be so good, I just hope it lasts. For the moment all the lights are green but if there is a drop in speed, I will not fail to let you know. To monitor.
  • #27,538
  • Dec 27, 2023 3:59am Dec 27, 2023 3:59am
Quoting Nehemah
Just want to add, only for information (please, do your own research) , that I got a new payout with Myflasfunding. I'm the first to be surprised but for the moment, as I already said, this prop has no flaws: ultra-fast payment, account reset as soon as payout is requested. Challenge phase 1 at only 6%. Very active community on Discord, big permanent promotions, nice chat support. I don't understand how they manage to be so good, I just hope it lasts. For the moment all the lights are green but if there is a drop in speed, I will not fail to let...
I'm doing a challenge with them. I remember your past review and decided to give them a shot.
I'm surprised that they are so fast paying because they are owned by the same guy than Blue Guardian and Blue Guardian is taking almost 48 hours to process payouts (preventing us from trading and adding those 2 "down" days to the 14 days cycles).
I would expect the backoffice to work in similar way in both props but apparently that's not the case in Flash.
  • #27,539
  • Dec 27, 2023 4:14am Dec 27, 2023 4:14am
Quoting Capablanca
{quote} I'm doing a challenge with them. I remember your past review and decided to give them a shot. I'm surprised that they are so fast paying because they are owned by the same guy than Blue Guardian and Blue Guardian is taking almost 48 hours to process payouts (preventing us from trading and adding those 2 "down" days to the 14 days cycles). I would expect the backoffice to work in similar way in both props but apparently that's not the case in Flash.
I'm surprised too. But it seems this guy has no influence in their process. These two prop firms are completely opposite (just like you, I know BG and I'm not a fan of the way they work) There is a form of inconsistency but perhaps it is a deliberate desire to offer 2 completely independent business models
  • #27,540
  • Dec 27, 2023 6:24am Dec 27, 2023 6:24am
Hi guyz. Can anyone tell which is the best prop firm??
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