Prop Firm Hub | Page 1625 | Metals Mine

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 33 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

  • #32,481
  • Mar 4, 2024 2:53am Mar 4, 2024 2:53am
Quoting Capablanca
{quote} So many props that I get confused.........
So true. They are popping out like the mushrooms in the wood. If you get the wrong one.....
Success = Practice + Patience + Persistence
  • #32,482
  • Mar 4, 2024 2:56am Mar 4, 2024 2:56am
Quoting Capablanca
{quote} So many props that I get confused. Is this the one by Funded engineer owners ?
No different owner, however, they are out of Dubai too.
  • #32,483
  • Mar 4, 2024 3:14am Mar 4, 2024 3:14am
Just received an e-mail that Funding Pips is now Accepting U.S. traders again with Match Trader. Just putting it out there.
  • #32,484
  • Mar 4, 2024 3:50am Mar 4, 2024 3:50am
after manage $1.5M Funding and all this drama i will stop Propshop for a while
here my PnL propfirm
i still have 1M funded account and propfirm so much drama i will stop trade and focus on other stuff

this for inspiration only
Attached Image (click to enlarge)
Click to Enlarge Name: propPNL.png Size: 63 KB
  • #32,485
  • Mar 4, 2024 4:01am Mar 4, 2024 4:01am
Maven owner says that swap fees are dumb so Maven got rid of them.
https://twitter.com/hunter_4x/status...89760611778827

Swaps may be inconvenient but are not dumb because capital is not free. Very weird to see a prop owner saying this.
  • #32,486
  • Mar 4, 2024 4:07am Mar 4, 2024 4:07am
Goat is full of denied payouts in twitter. And this is a formal claim in Spanish regulator.
https://twitter.com/global_stranger/...02530015248663

In the meantime one of Goat guys was photo shoot buying or looking into luxury articles. I don't think these guys should live as monks but if they are not paying it's not a good thing to exabit wealthy.
https://twitter.com/global_stranger/...67252135449013
  • #32,487
  • Mar 4, 2024 4:22am Mar 4, 2024 4:22am
Quoting Capablanca
Goat is full of denied payouts in twitter. And this is a formal claim in Spanish regulator. https://twitter.com/global_stranger/...02530015248663 In the meantime one of Goat guys was photo shoot buying or looking into luxury articles. I don't think these guys should live as monks but if they are not paying it's not a good thing to exabit wealthy. https://twitter.com/global_stranger/...67252135449013

i got refused $20k total payout from TFT cant do anything i have $400k account only make less than 5% profit in 2 week that reason able
  • #32,488
  • Mar 4, 2024 4:24am Mar 4, 2024 4:24am
The Funded Trader (TFT) is such a joke, all my accounts including one funded account and evaluation accounts showing same user / pass credentials LOL... just emailed there support
The more you learn, the more you earn (Warren Buffett)
  • #32,489
  • Mar 4, 2024 4:36am Mar 4, 2024 4:36am
E8Market now accepting USA traders using Match Trader. Not the best software like MT4 &5, but its useable.
  • #32,490
  • Mar 4, 2024 4:42am Mar 4, 2024 4:42am
Quoting Capablanca
Maven owner says that swap fees are dumb so Maven got rid of them. https://twitter.com/hunter_4x/status...89760611778827 Swaps may be inconvenient but are not dumb because capital is not free. Very weird to see a prop owner saying this.
That will just encourage people who trade indices to hold over the weekend. This will not last long.
  • #32,491
  • Mar 4, 2024 5:37am Mar 4, 2024 5:37am
Quoting Capablanca
I always found gold a fcking wild animal impossible to dominate (for me).

LOL, from my own limited experience of trying gold, I’m not going to argue with you, there.

But you’re obviously a highly competent and consistent trader who knows what an “edge“ is and has one, Capa, so futures in general should be no problem for you at all. It’s a MUCH, MUCH easier way to make a living than trading forex/CFDs.

Unsurprisingly, the entire spot forex and CFD industry, including all the online forums they sponsor, doesn't want people to know that.

I openly admit my bias, here: I’ve been trading futures for decades, sometimes independently and sometimes for hedge-funds and/or other small financial institutions.

The main point is that 99% of the “broker issues” and “difficulties” that fill every trading forum on the web simply don’t arise at all, with futures.

Not only because futures are a transparent, honest market, exactly as pipmaster77 rightly says, but because the brokers are actually brokers, not counterparties, and they’re therefore on your side, rather than constantly looking for excuses not to pay you!!

It’s much better, easier and safer to use futures than CFDs, and for that reason (among many others!) in the context of this thread it’s FAR better to use futures funding companies than CFD ones.

Honestly, this whole issue is such a no-brainer, to anyone who actually knows the facts.
  • #32,492
  • Mar 4, 2024 5:59am Mar 4, 2024 5:59am
Quoting KarlKraus
Honestly, this whole issue is such a no-brainer, to anyone who actually knows the facts.
But bear in mind that the entire industry - including, as you said, the web forums it sponsors - is set up to make it really difficult for people to know the facts.

Which is part of the reason why, when you try to discuss it in places like this, you’re inevitably facing a barrage of resentment, hostility, ignorance and prejudice., sometimes also compounded by what you referred to the other day as "the alt right crap" from people who would literally, as you also said, rather say goodbye to an account than say hello to a regulator.

It’s really, really not an easy task to help anyone here, lol!
  • #32,493
  • Mar 4, 2024 6:07am Mar 4, 2024 6:07am
Quoting TrAndy1
What I can say, the only thing what does matter are trading cost.
And (like so much else of what you post) that’s just completely wrong.

What actually matters in the long run is whether it’s an honest, transparent market, how well regulated it is, and whether the "broker" is on your side or against you.
  • #32,494
  • Mar 4, 2024 6:19am Mar 4, 2024 6:19am
Quoting Capablanca
Trailing DD is part of the metrics the arcade game and paramount in their profitability.
-Curious, does the trailing with Apex trail open positions? If you have trailing DD of 1k, and you open a position and the market spikes in your favor $900, and then retraces back to breakeven before you are able to close out your position, are you now left with only $100 worth of DD?
  • #32,495
  • Mar 4, 2024 6:26am Mar 4, 2024 6:26am
Quoting HengkiTjen
{quote} i got refused $20k total payout from TFT cant do anything i have $400k account only make less than 5% profit in 2 week that reason able
you are just a few, tft has rejected a lot of people you don't know, the ones I know are in the millions of usd.tft is a scam company.
vankiepsauff@gmail
  • #32,496
  • Mar 4, 2024 6:28am Mar 4, 2024 6:28am
Quoting Nsak3y
{quote}-Curious, does the trailing with Apex trail open positions? If you have trailing DD of 1k, and you open a position and the market spikes in your favor $900, and then retraces back to breakeven before you are able to close out your position, are you now left with only $100 worth of DD?
Yes, it does. There are some futures props that offer end of day trailing DD though. TBH, I personally have not researched enough to know which ones, but I do know TopStep for sure and maybe Tradeday. I choose Apex simply due to the huge discounts and the copy trading 20 accounts capability.
  • #32,497
  • Mar 4, 2024 6:36am Mar 4, 2024 6:36am
Quoting pipmaster77
Yes, it does.
-Thanks. I can see how they are able to thrive while offering such heavy discounts, then. If I ever traded with Apex, I would trade the challenge using time frames of 1 minute or less.
  • #32,498
  • Mar 4, 2024 6:37am Mar 4, 2024 6:37am
Quoting TrAndy1
There is one big, big advantage of CFDs in comparison to Futures. The leverage you can get. You can get 20:1 leverage overnight on ES, but on SP500 CFD you get 200:1 leverage OVERNIGHT. Also on any currency Futures you get much lower leverage overnight. That is big disadvantage, as leverage is the key to get rich. Without leverage you have no chance to get rich. The more leverage the better. You can use it all easily with scaling-in, but you need to know how to use all the leverage !
Absoluter tosh ! Bigger leverage often leads to bigger leveraged losses and encourages underfunded gamblers to lose their wages on gambling in the markets.
every Saint has a past. Every Sinner has a Future
  • #32,499
  • Mar 4, 2024 6:53am Mar 4, 2024 6:53am
Quoting Nsak3y
{quote}-Thanks. I can see how they are able to thrive while offering such heavy discounts, then. If I ever traded with Apex, I would trade the challenge using time frames of 1 minute or less.
Yes, I blew 4 of these late last year. This was before I was FORCED into futures if I wanted to prop trade. Of course, had to take a more serious approach now. The key( for me) was simply reducing size.....I am at 8 micros on DOW, 4 on nas and 6 on S&P, and grab the small profits often. I am halfway done with this batch in 5 days and the accounts are all within $50 of peak high, leaving me $2,450 in DD.
Just need to get through that eval and earn the DD +$100 when live and it becomes static at $50,100.
  • #32,500
  • Mar 4, 2024 6:54am Mar 4, 2024 6:54am
Quoting TrAndy1
{quote} There is another contradiction in your sentence. Anyone with wages doing his 9to5 job should not trade at all. Trading is a fulltime job. You either take it seriously doing it all day or forget it and just invest longterm. There is no in between like you wanted to say. If you loose you should not trade at all regardless of any leverage level. But you show you are on the side of regulators who wants to be regulated. You want lower leverage so you cannot loose that fast. But it is in everyone his own response what to do. Less freedom is no...
Regulations are meant to protect the uninitiated in market matters from the wolves waiting to feed upon them. But go ahead, stick your neck out.
You must stop talking through your buttocks and think with your head. But I appreciate you find it difficult to tolerate an alternative view to your own limited mental landscape so I will leave you to bounce around in your warped universe. Take care.
every Saint has a past. Every Sinner has a Future
41 traders viewing now