Prop Firm Hub | Page 1681 | 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

  • #33,601
  • Mar 28, 2024 5:38pm Mar 28, 2024 5:38pm
Quoting Capablanca
I was checking Kimmel artist in youtube to see if he had posted anything and I'm surprised to see that he has already gone to futures. I believe futures will soon be totally populated with the same scammers influencers and 20 yrs old kids launching props from parents basement, supported by some shady FPFX tech oriented to futures.
Most of these idiots were crypto before prop. Dan Cheung is an example.
  • #33,602
  • Mar 28, 2024 5:40pm Mar 28, 2024 5:40pm
**Statement on Partnership with WordsofRizdom**
Funded Peaks has always been committed to transparency and integrity in all our partnerships and business dealings. It is with a heavy heart that we announce the indefinite pause of our partnership with WordsofRizdom, effective immediately.
This decision comes after unexpected news and a turbulent day, prompting us to take a step back and allow time for all involved parties to fully express their perspectives and lay all facts on the table. Our priority is to ensure that any partnership we engage in aligns with our core values and standards.
Our initial contact with Riz from WordsofRizdom was in late November 2023. It was evident that Riz was seeking a change due to dissatisfaction with how business was being conducted at SFT and its partners. He was impressed with Funded Peaks’ foundation, our organizational structure, and how we operate. Despite mutual respect and interest, we recognized a potential conflict of interest in maintaining affiliations with two firms simultaneously and mutually decided against a partnership at that time.
Months later, we revisited the discussion, recognizing the potential for a limited partnership that aligned with our respective goals and values. We agreed to collaborate on a series that would feature podcasts highlighting the stories of our traders. This initiative was intended to be the extent of our partnership.
However, given the recent developments surrounding the Easton group and its affiliates, we find it prudent to reassess this partnership. We want to ensure that we fully understand the situation before proceeding with any collaborations.
We want to clarify that Funded Peaks is not affiliated with the Easton group. From the beginning, our mission has been to offer a better, more reliable option in the trading industry. Despite being a new player in the market, we've already made significant strides, including payouts of over $300,000 to traders in our first few weeks alone. Our commitment to creating a positive impact for traders remains unwavering.
We appreciate your understanding and support as we navigate this situation. Rest assured, Funded Peaks is dedicated to upholding the highest standards of conduct and service for our community.
  • #33,603
  • Mar 28, 2024 6:20pm Mar 28, 2024 6:20pm
Quoting Capablanca
I was checking Kimmel artist in youtube to see if he had posted anything and I'm surprised to see that he has already gone to futures. I believe futures will soon be totally populated with the same scammers influencers and 20 yrs old kids launching props from parents basement, supported by some shady FPFX tech oriented to futures.
Sad, if it happens.
A snails pace wins the race :-)
  • #33,604
  • Mar 28, 2024 7:59pm Mar 28, 2024 7:59pm
Quoting JustPipMe
{quote} futures are fantastic. I’m about $500-$600 shy of passing my 20x$50k Apex challenges edit: I thought I was going to have to re-learn everything with futures. But it’s almost the exact same as trading cfds
I primarily trade Indices. Can you recommend prop firms that offer Futures?
We're not here to be right, we're here to Profit Consistently!
  • #33,605
  • Mar 28, 2024 8:12pm Mar 28, 2024 8:12pm
Quoting Takisd
{quote} Read up on the recent MIFID II adjustments - in particular pay attention to whats happening in cyprus. CMNV has already banned advertising of eval firms. Belgium has started warning lists. FTMO has a ticking time clock right now to figure out a regulatory environment that would not interrupt its business. Same as the other european firms which likely need not be mentioned. Its going offshore. Offshore is ok so long as reputation is in tact and US isn't being solicited.
No wonder Spain would ban props they already banned cfds, and Belgium is on the way to do the same
  • #33,606
  • Mar 28, 2024 8:57pm Mar 28, 2024 8:57pm
Quoting pipmaster77
{quote} If you trade primarily indices, just trade futures.......they move exactly the same. Never thought I'd actually be saying those words, but man, way less stress and headaches. Every government is going to regulate the retailer out of forex.....might as well adapt now.
i do only thing keeping me back from moving to futures is LEARNING CURVE
Extreme gut feeling trader
  • #33,607
  • Mar 28, 2024 9:00pm Mar 28, 2024 9:00pm
Quoting JustPipMe
{quote} futures are fantastic. I’m about $500-$600 shy of passing my 20x$50k Apex challenges edit: I thought I was going to have to re-learn everything with futures. But it’s almost the exact same as trading cfds
i want to try apex but when i see their website n offering there is a mother load of products.. dont know which one is good for me..
Extreme gut feeling trader
  • #33,608
  • Mar 28, 2024 9:28pm Mar 28, 2024 9:28pm
Quoting ranilo.vince
{quote} I primarily trade Indices. Can you recommend prop firms that offer Futures?
I am using Apex.
A snails pace wins the race :-)
  • #33,609
  • Mar 28, 2024 9:30pm Mar 28, 2024 9:30pm
Quoting montygoldy
{quote} i want to try apex but when i see their website n offering there is a mother load of products.. dont know which one is good for me..
Yes, I just went with what I was hearing around here. Tradovate, 50k challenge.
A snails pace wins the race :-)
  • #33,610
  • Mar 28, 2024 9:33pm Mar 28, 2024 9:33pm
Quoting montygoldy
{quote} i do only thing keeping me back from moving to futures is LEARNING CURVE
I thought it would be steep, but it wasn’t. Helps to slowly, patiently, read and re-read the Apex website on a weekend.
A snails pace wins the race :-)
  • #33,611
  • Mar 28, 2024 11:57pm Mar 28, 2024 11:57pm
Quoting JustPipMe
{quote} Yes, I just went with what I was hearing around here. Tradovate, 50k challenge.
Ok so tradovate 50k accounts. What this offer means. I need to pass the eval in 1 day???
Any tips or things to remember please share...
Highly appreciated
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-03-29 at 12.57.26 AM.png Size: 5 KB
Extreme gut feeling trader
  • #33,612
  • Edited 1:02am Mar 29, 2024 12:38am | Edited 1:02am
Quoting montygoldy
{quote} Ok so tradovate 50k accounts. What this offer means. I need to pass the eval in 1 day??? Any tips or things to remember please share... Highly appreciated {image}
For me, the trailing drawdown is the killer. Need to use the TP to take profit on the way up. You don't want it going up and down again until it becomes static.

I would suggest Bulenox because it has 90% off and no consistency rule. It's an Apex clone basically, with more discounts daily. Drawback is that it needs 5 trading days to complete the eval versus Apex with their 1 day passing promos.

Bulenox also supports Rithmic only, I think, but Rithmic with Quantower allows you to copy trade across multiple firms that use Rithmic (i haven't tested it myself).

I'm using the Bulenox 25k accounts with 90% off @14.50 each.

Edit: Just to add, haven't been paid out by either one, so just my thoughts from comparing the offers and what other people are saying.
  • #33,613
  • Edited 1:35am Mar 29, 2024 1:22am | Edited 1:35am
Quoting montygoldy
{quote} Ok so tradovate 50k accounts. What this offer means. I need to pass the eval in 1 day??? Any tips or things to remember please share... Highly appreciated {image}
It means you can pass in 1 day. Outside of the offer period you need to trade over 7 days minimum to pass.

My understanding is their offers are a bit weird, in that if you buy challenge today you would not have 30 days to pass in one day before being rebilled. You would only have the 4 days left remaining on the offer to pass in 1 day. In 4 days time you will need to trade over 7 days to pass.
  • #33,614
  • Mar 29, 2024 4:50am Mar 29, 2024 4:50am
Angelo be like

Inserted Video
  • #33,615
  • Mar 29, 2024 6:07am Mar 29, 2024 6:07am
Quoting montygoldy
{quote} i want to try apex but when i see their website n offering there is a mother load of products.. dont know which one is good for me..
50K, is, by far, the best value as far as DD to target. I use rithmic as opposed to tradovate. The key is the copying of multiple accounts. You trade 1 account, my goal is $200/day, copied accross 20. I do not recommend that initially until you conquer the trailing DD.
  • #33,616
  • Mar 29, 2024 6:12am Mar 29, 2024 6:12am
Quoting maltrader
{quote} For me, the trailing drawdown is the killer. Need to use the TP to take profit on the way up. You don't want it going up and down again until it becomes static. I would suggest Bulenox because it has 90% off and no consistency rule. It's an Apex clone basically, with more discounts daily. Drawback is that it needs 5 trading days to complete the eval versus Apex with their 1 day passing promos. Bulenox also supports Rithmic only, I think, but Rithmic with Quantower allows you to copy trade across multiple firms that use Rithmic (i haven't...
I use quantower copy trader with apex. Took me a few days to learn it, but yes copying accross multiple accounts, haven't tried multiple accounts and multiple firms....but if it will copy all rithmic with one push of a button........there are enough offerings to copy 80+. Take the S&P for a point or two per day and go play golf.
  • #33,617
  • Mar 29, 2024 6:28am Mar 29, 2024 6:28am
Quoting Takisd
{quote}Its going offshore. Offshore is ok so long as reputation is in tact and US isn't being solicited.
Genuine question, if EU is banning them how is that any different? Surely it's where you're targeting, not where you're based.
  • #33,618
  • Mar 29, 2024 7:14am Mar 29, 2024 7:14am
Quoting PropDude1234
{quote}Genuine question, if EU is banning them how is that any different? Surely it's where you're targeting, not where you're based.
Exactly my thoughts......otherwise US would be fine, as long as the broker/firm had no physical presence here.
  • #33,619
  • Mar 29, 2024 8:00am Mar 29, 2024 8:00am
Quoting JustPipMe
{quote} I am using Apex.
Hi JustPipMe,

I wanted to ask you what kind of trading strategy you use on Apex. I really wanted to create a thread in the Rookie section so as not to post questions/comments here that may be out of context, but since I am a newbie I cannot create another thread yet.
So apologies in advance.

Kind regards,
  • #33,620
  • Mar 29, 2024 8:16am Mar 29, 2024 8:16am
Hi guys, is there any latest news about the MFF case? They still owe me btw, hopefully they haven't disappeared lol
https://breakpullback.com
55 traders viewing now