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  • #33,981
  • Apr 3, 2024 8:28am Apr 3, 2024 8:28am
Quoting PropDude1234
However, there's a transition point where the software is fine to trade with and it's simply people not liking any change / looking for excuses. I've tried them both and they do what's needed. Although if you're a 'scalper' / really short term trader AKA someone who loses all their money faster than most, then I can see why you'd prefer MT4/5.
-I do not think that a one-size-fits-all approach is prudent. Better to not generalize or make assumptions.
  • #33,982
  • Apr 3, 2024 8:33am Apr 3, 2024 8:33am
Quoting Nsak3y
{quote}-I do not think that a one-size-fits-all approach is prudent. Better to not generalize or make assumptions.
I'm told from people I know in prop that the % of issues with the alternative platforms is getting to the point it matches MetaTrader. There are some issues they've eliminated like the dated data-centre (which often had connection / lag issues for a local cluster of people who connected to a DC) to server structure of MetaTrader.

They tell me the reduction in toxic flow is also very welcome. Which is no surprise as MetaTrader was always designed with deliberate functionality for brokers to screw over clients, so no surprise to see the clients figure out how to do it, too.
  • #33,983
  • Apr 3, 2024 8:35am Apr 3, 2024 8:35am
Quoting montygoldy
{quote} now this bullshit they reduced my account to 100k. What is agressive i dont understand 10lot trade on xau or 2.5lot bitcoin or 50 on dow…. Already a 2% trade idea rule already in place how come agressive. Plus my tps were more than 20poins/pips on each trade how come that scalping EVEN ADDED THE STATISTIC {image} {image}

Damn this sucks, I was going to buy a bigger challenge next week with my next payout from them. I still wouldn' t be trading the lot sizes that you do but as long as you stay with in the rules you should be able to trade however you want.
  • #33,984
  • Apr 3, 2024 8:44am Apr 3, 2024 8:44am
Quoting PropDude1234
{quote}Because MFF imposed an additional spread on top of the dealer's when they placed people in the live market / STPed them to reduce profits and increase losses. "Your success is our success", indeed.
Fake news. That is not at all what was occurring......slippage was increased on the larger lot size, gambling type behavior.....it still yielded better conditions than trader would get on their own. I traded with them forever......never had a padded spread and I usually received positive slippage and YES I was live.
Every firm implied, "your sucess is our sucess"....they only changed to try to avoid the same fate as MFF, and they are all doing so well now.......with thriving, profitable firms.
  • #33,985
  • Apr 3, 2024 8:54am Apr 3, 2024 8:54am
Quoting QweenOfTrade
{quote} At first I was thinking 2% is crazy but... The way you trade is too risky... tbh I can't even blame a company protecting capital with the way you explained it lol. Goodluck

I suspect the fellow with this stupid reply, is either this is one of the owners of the Shady Prop Firms or this fellow works for them.
THE TRUTH IS SIMPLE,ACCEPTING THE SIMPLICITY OF THE TRUTH IS WHAT IS HARD
  • #33,986
  • Apr 3, 2024 8:56am Apr 3, 2024 8:56am
Quoting woody70
{quote} Damn this sucks, I was going to buy a bigger challenge next week with my next payout from them. I still wouldn' t be trading the lot sizes that you do but as long as you stay with in the rules you should be able to trade however you want.
i added the metric screenshot as well took me a month to pass and they saying aggressive scalping and but mnimum tp is 20p or more. Is that aggressive scalping. Man this totally not acceptable. Even if i accept atleast give a warning first. Support is not evening answering the what is aggressive scalping.
I alredy have another 200k phase 1 account which i dont know what gonna happent there
Extreme gut feeling trader
  • #33,987
  • Apr 3, 2024 8:58am Apr 3, 2024 8:58am
Quoting Artcool
{quote} Welcome bro. You will make it with less frustration. I saw you asked a question on Apex discord. I sent you a DM there. You can ask me any question there about Apex. I am a mod with them.
thats cool good to know brother.
Extreme gut feeling trader
  • #33,988
  • Apr 3, 2024 9:00am Apr 3, 2024 9:00am
Quoting montygoldy
{quote} i added the metric screenshot as well took me a month to pass and they saying aggressive scalping and but mnimum tp is 20p or more. Is that aggressive scalping. Man this totally not acceptable. Even if i accept atleast give a warning first. Support is not evening answering the what is aggressive scalping. I alredy have another 200k phase 1 account which i dont know what gonna happent there
Are you going to trade ir or ask for a refund?
  • #33,989
  • Edited 9:21am Apr 3, 2024 9:01am | Edited 9:21am
Quoting QweenOfTrade
{quote} At first I was thinking 2% is crazy but... The way you trade is too risky... tbh I can't even blame a company protecting capital with the way you explained it lol. Goodluck
its not risky if you have stop loss and tp in place which has enough room (for me 30 pips for 1.5% loss which is alot not scalping). THe biggest loss is 1.5% and profit is always twice the loss (then how come aggressive scalping). Check the metric screenshot

EDIT - Just passed another phase 1 of 200k fundingtraders
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-04-03 at 10.20.51 AM.png Size: 34 KB
Extreme gut feeling trader
  • #33,990
  • Apr 3, 2024 9:08am Apr 3, 2024 9:08am
Quoting woody70
{quote} Are you going to trade ir or ask for a refund?
i am gonna trade man atleast pull some payouts out. Targetting 2k per week for 100k account now.... I have weekly payout/100% split addon
Extreme gut feeling trader
  • #33,991
  • Apr 3, 2024 9:10am Apr 3, 2024 9:10am
Quoting Eren10
{quote} I am also considering apex just first 2 * 50 K account. And trying to go slowly 1 - 2 % ( of 5000 total), and see what it will give over one year One has to pay monthly fees ones the account goes to funded. Does anybody know how much that is at Apex?
160$ one time pay or 85 per month for tradovate accounts.
Extreme gut feeling trader
  • #33,992
  • Apr 3, 2024 9:11am Apr 3, 2024 9:11am
Quoting pipmaster77
{quote} If you are a gold trader, obviously it's available on the futures market. I know most of us here trade the indices, but there are a lot of products. Some are not very liquid, but I'm sure gold is.
already in with apex.... i only trade dow in indices... Dow is my boy
Extreme gut feeling trader
  • #33,993
  • Apr 3, 2024 9:26am Apr 3, 2024 9:26am
Quoting montygoldy
{quote} i am gonna trade man atleast pull some payouts out. Targetting 2k per week for 100k account now.... I have weekly payout/100% split addon
Best thing you can do is that diversify in all props and have max 100k funding and make small withdrawals, you got 400k in challenges in fundingtraders you got caught by the radar they knew you would make big withdrawals
  • #33,994
  • Apr 3, 2024 9:29am Apr 3, 2024 9:29am
Quoting montygoldy
{quote} .... I have weekly payout/100% split addon
No wonder they clipped your wings. I would achieve minimum payment in first week get refund back then proceed from there, since you have weekly payouts.
  • #33,995
  • Apr 3, 2024 9:43am Apr 3, 2024 9:43am
Quoting pipmaster77
{quote} Fake news. That is not at all what was occurring......slippage was increased on the larger lot size, gambling type behavior.....it still yielded better conditions than trader would get on their own. I traded with them forever......never had a padded spread and I usually received positive slippage and YES I was live. Every firm implied, "your sucess is our sucess"....they only changed to try to avoid the same fate as MFF, and they are all doing so well now.......with thriving, profitable firms.
How do do you know you were live?

MFF added spread on top of their STP accounts on top of the dealers' spread.

There's no reason for them to do this other than to make reduce the profit and make it harder for the trader.
  • #33,996
  • Apr 3, 2024 10:03am Apr 3, 2024 10:03am
Quoting montygoldy
{quote} its not risky if you have stop loss and tp in place which has enough room (for me 30 pips for 1.5% loss which is alot not scalping). THe biggest loss is 1.5% and profit is always twice the loss (then how come aggressive scalping). Check the metric screenshot EDIT - Just passed another phase 1 of 200k fundingtraders {image}
its easy enough to lose an account with an unexpected rise or drop vise versa easy to pass so what is your point?
  • #33,997
  • Apr 3, 2024 10:05am Apr 3, 2024 10:05am
Just watched a guy in a discord cry about 1.5 pips slippage on news saying it ruined his trading. This is the reason why retail traders are doomed.
  • #33,998
  • Apr 3, 2024 10:05am Apr 3, 2024 10:05am
Quoting QweenOfTrade
{quote} its easy enough to lose an account with an unexpected rise or drop vise versa easy to pass so what is your point?
The point is he purchased a product, played by THEIR rules and now is not being delivered the product he purchased.
get it yet? really not too difficult to understand.
  • #33,999
  • Apr 3, 2024 10:07am Apr 3, 2024 10:07am
Quoting pipmaster77
{quote} The point is he purchased a product, played by THEIR rules and now is not being delivered the product he purchased. get it yet? really not too difficult to understand.
Then do something about it? I dont see anyones point lmao. Feelings got hurt about a bad strategy?
  • #34,000
  • Apr 3, 2024 10:08am Apr 3, 2024 10:08am
Quoting Takisd
Just watched a guy in a discord cry about 1.5 pips slippage on news saying it ruined his trading. This is the reason why retail traders are doomed.
The kicker is these bad habits are often repeated. Regardless if 9 times out of 10 they lose money, always chasing that 1 time it did.
Trade with confidence, trade without fear.
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