Prop Firm Hub | Page 1469 | 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

  • #29,361
  • Feb 5, 2024 8:53pm Feb 5, 2024 8:53pm
Quoting AaronPriest
{quote} That's exactly what I did in my Excel spreadsheet to make it work correctly. You just didn't have it included in your formula. ;-) But it made sense to add when making an Excel expression for it. Interestingly enough, of E8's current pricing, the 3 stage comes out with a whopping 6.55 vs 2.97 for 2 stage. I got 2.99 for The5ers High Stakes. I need to check the math and Excel formula again after supper because that really seems far off. It also doesn't work on some instant funding accounts like BuoyTrade or The5ers HyperGrowth without taking...
5%ers high stakes 100K should be $5.98. Yes, believe it or not, some of the instant funding score under 1, you actually are giving money away vs. trading your own account.
For comparison, the old MFF 200K was $9.23, more than 9 times per $1 in a personal account. Why I have such a hard time grasping all of the hatred for the best firm in every category........value, conditions, reliability, payouts....
  • #29,362
  • Edited Feb 6, 2024 12:34am Feb 5, 2024 11:37pm | Edited Feb 6, 2024 12:34am
Quoting pipmaster77
{quote} The 0.8 and the 0.5 gives you the total profit, the 1 adds back in what you started with. So $500 with 80% profit, would be $400 profit plus the $500 stated gives you $900. $900 with 50% gives you $450 plus the $900 stated with gives you $1,350. So, if you put $500 in personal account, and hit THE EXACT targets of the firm, in this case 8% and 5% with 10% DD, you would have $1,350. Instead you have 10K max loss with 80% split, which is EXACTLY the same as an $8K personal account. Actually, leverage wise(if you use it), much better as your...
MAN!! your formulas are dope;
but I need some time and thinking to grasp these, can't grasp these just by reading for once
these are very deep, once I understand clearly, things will start to click differently, and we will be able to select better prop firms and better challenges
  • #29,363
  • Feb 6, 2024 12:44am Feb 6, 2024 12:44am
Quoting sampat
{quote} Well said. I am looking for same formula for futures prop firm . They are different animal all together. I have failed 10 challenges even though I was in profit.
You can analyze that in the same way, like pipmaster suggested sometime ago.

Futures challenges are, in practical terms, like 2 steps.

First step is the challenge phase
Second step is the funded phase when you trail to create the buffer to be able to withdraw. From here is like a static DD.

If we look at them as 2 steps and not just as one, them they can be compared.
  • #29,364
  • Feb 6, 2024 12:46am Feb 6, 2024 12:46am
Quoting yab
Is anyone trading with APEX
I wouldn't say I trade there. I just burned a couples of challenges there
  • #29,365
  • Feb 6, 2024 12:50am Feb 6, 2024 12:50am
Quoting HengkiTjen
{quote} Hi Capablanca Last time you request a payout from blue guardian take how long ? I requested 1 February still pending till now, Emailed payment department no respond
One took 24 business hours and the other one 48 business hours. This last one was was in early January.
  • #29,366
  • Feb 6, 2024 1:21am Feb 6, 2024 1:21am
Quoting montygoldy
Alright people update time as its a friday .. comes to be FRYDAY FOR MY CHALLENGES… 200k myflashfunding and 2x200k blueguardian phase 1 challenges all are in drawdown close to 4%.:. Everytrade executed literally went in my direction but reversed before my tp and hit positive sl and then i got greedy took a bigger size position on us30 buy limit which triggered and hit my sl which was huge due to news before hitting the take profit… these are some non friendly days when your winners take your positive sl and then hit your tp target 4-5 times in a...
alright some success.. this accounts went in 4% drawdown on friday …. Today able to pull back and some up
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1710.png Size: 94 KB
Extreme gut feeling trader
  • #29,367
  • Feb 6, 2024 1:37am Feb 6, 2024 1:37am
Quoting Capablanca
{quote} One took 24 business hours and the other one 48 business hours. This last one was was in early January.
man this blueguardian is like the unluckiest for me .. till now failed 4 … all of them failed in phase 2 when its so close to finish line.. started with alpha, myflash and this one together and other two got funded this one failed…. not gonna buy them anymore …
probably going to start formedfunding or e8markets both have same price, targets and offering
Extreme gut feeling trader
  • #29,368
  • Feb 6, 2024 1:43am Feb 6, 2024 1:43am
Quoting montygoldy
{quote} man this blueguardian is like the unluckiest for me .. till now failed 4 … all of them failed in phase 2 when its so close to finish line.. started with alpha, myflash and this one together and other two got funded this one failed…. not gonna buy them anymore … probably going to start formedfunding or e8markets both have same price, targets and offering
That's how the 5ers was for me. I could not pass to save my life and then when I did pass I blew up the funded account in two days. Some challenges are just hard for some reason. I stuck with it and finally past after a lot of tries.
  • #29,369
  • Feb 6, 2024 1:46am Feb 6, 2024 1:46am
Quoting Capablanca
{quote} One took 24 business hours and the other one 48 business hours. This last one was was in early January.
i requested 1 February i till now is more than 48hours
  • #29,370
  • Feb 6, 2024 2:00am Feb 6, 2024 2:00am
Quoting woody70
{quote} That's how the 5ers was for me. I could not pass to save my life and then when I did pass I blew up the funded account in two days. Some challenges are just hard for some reason. I stuck with it and finally past after a lot of tries.
i mean literally i felt like this blue not ment to be my guardian…. Better invest energy n money some where else .. now all new prop firms are providing 8%-4% in total 12% target
Extreme gut feeling trader
  • #29,371
  • Feb 6, 2024 2:08am Feb 6, 2024 2:08am
Quoting montygoldy
{quote} i mean literally i felt like this blue not ment to be my guardian…. Better invest energy n money some where else .. now all new prop firms are providing 8%-4% in total 12% target
Sometimes is just bad luck. You may have decided to trade it in "wrong" days.

They don't have anything much different in terms of spreads and commissions than any other so, statistically, your probability of passing it should be the same.

You should not get discourage. It was just bad luck, like a poker player who has a bad beat 2 or 3 time in a row but should not tilt about it and carry on playing his A- game.
  • #29,372
  • Feb 6, 2024 2:09am Feb 6, 2024 2:09am
Quoting HengkiTjen
{quote} i requested 1 February i till now is more than 48hours
Let's monitor your situation closely. Was that a crypto one ? (my payouts were crypto).
  • #29,373
  • Feb 6, 2024 2:10am Feb 6, 2024 2:10am
Quoting driven18
{quote} Another bullshitter who bull shits about that he is not a bullshitter. Listen to his video where he "reluctantly" drops/inserts 6 figure payouts, supercars, expensive watches and houses/apartments, etc...all of the youtubers are bullshitters. Big part of their job is to make you believe that they are not bullshitters.
I don't assume that he is real same as i don't assume about anyone here on FF but what has made him to tell these "truth" or to downgrade himself!?
  • #29,374
  • Feb 6, 2024 2:13am Feb 6, 2024 2:13am
Quoting Capablanca
{quote} Let's monitor your situation closely. Was that a crypto one ? (my payouts were crypto).
i think more than $500 you have to request through Rise
  • #29,375
  • Feb 6, 2024 2:15am Feb 6, 2024 2:15am
Also i need some help i am preparing a list of challenges to purchase.. Criteria for the firm is atleast they are not using thinkamrkets/purple/e8 the usual brokers

the ones i know alpha, ftmo, 5%, fxify…..
Extreme gut feeling trader
  • #29,376
  • Feb 6, 2024 2:16am Feb 6, 2024 2:16am
Quoting HengkiTjen
{quote} i think more than $500 you have to request through Rise
btw did you got the alpha contract?? I passed on sunday evening till now nothing… discord says 5 business days minimum… they are pushing so many updates except this
Extreme gut feeling trader
  • #29,377
  • Feb 6, 2024 2:20am Feb 6, 2024 2:20am
Quoting HengkiTjen
{quote} i think more than $500 you have to request through Rise
Damit, you're right (it's 1000 instead of 500). My last payout was early January, directly to crypto, before they sent this email on Jan 13th

Attached Image (click to enlarge)
Click to Enlarge Name: Blue.PNG Size: 85 KB


Now, who's to blame ? Blue to Rise.

I'm starting to hate Rise even before I have used it.
  • #29,378
  • Feb 6, 2024 2:22am Feb 6, 2024 2:22am
Quoting montygoldy
{quote} btw did you got the alpha contract?? I passed on sunday evening till now nothing… discord says 5 business days minimum… they are pushing so many updates except this
They will take until the last second of those 5 days. It's a way of postponing the first potential payout a bit more. It's disgusting.
If you claim they will tell you that's because they need to analyse your phase 1 and 2 and parametrize risk. It's BS, of course. It's just a business decision to delay it.
  • #29,379
  • Feb 6, 2024 2:27am Feb 6, 2024 2:27am
Quoting montygoldy
Also i need some help i am preparing a list of challenges to purchase.. Criteria for the firm is atleast they are not using thinkamrkets/purple/e8 the usual brokers the ones i know alpha, ftmo, 5%, fxify…..
Funding pips would be another option (it's Black Bull Markets).
I would not mind to include Finotive for the first account (further accounts may be dangerous because they may refuse it). They had some bad risk rules which they eliminated now (no more SL in orders and no more 50% daily DD in a single instrument).

Anyway, at this moment no one is really safe so I'm just throwing possibilities knowing that they can shut down tomorrow.
  • #29,380
  • Feb 6, 2024 2:33am Feb 6, 2024 2:33am
Quoting HengkiTjen
{quote} i think more than $500 you have to request through Rise
Where did you see or hear this? I just signed up last week for Rise and nowhere did I see this about needing 500 dollars to request payment or is this a Blue Guardian thing only?
53 traders viewing now