Prop Firm Hub | Page 1740 | 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

  • #34,781
  • Apr 12, 2024 2:59am Apr 12, 2024 2:59am
Quoting montygoldy
Today Asian Session update. Officially trailing drawdown stops on 10 accounts (need to trade 5 more days) and 5 accounts (need to trade 6 more days) are 600$ away. After my calculation this payout cycle i.e 15th-20th april i'll be requesting 2000$ from 15 accounts i.e 30k. Fingers crossed Btw i am only playing with max 2-3 contracts on these funded accounts {image}
that amazing
i waiting for 90% of try futures
  • #34,782
  • Apr 12, 2024 3:09am Apr 12, 2024 3:09am
Quoting HengkiTjen
{quote} that amazing i waiting for 90% of try futures
Bulenox firm has 90% going off.. HOT90. 50k eval cost 17 buck
Extreme gut feeling trader
  • #34,783
  • Apr 12, 2024 3:55am Apr 12, 2024 3:55am
Quoting montygoldy
{quote} Bulenox firm has 90% going off.. HOT90. 50k eval cost 17 buck
i pay for eval, and i have to pay subscription fee? monthly ?
  • #34,784
  • Apr 12, 2024 3:59am Apr 12, 2024 3:59am
Quoting HengkiTjen
{quote} i pay for eval, and i have to pay subscription fee? monthly ?
Yes, monthly. First month = 17,50 USD, every recurring month = 175 USD.
  • #34,785
  • Apr 12, 2024 4:03am Apr 12, 2024 4:03am
"
we're introducing a new rule designed to enhance responsible trading and minimize unnecessary risks during our E8 Trader Stage. It's well-known that high-impact news frequently trigger significant market volatility. This heightened volatility can make it difficult to manage risk effectively and stay within your drawdown limits.

Therefore, effective immediately, traders are prohibited from opening or closing trades 10 minutes before and 10 minutes after listed high-impact news release. This 20-minute window will help safeguard you against potentially unpredictable market movements.
"


"Hi, we're introducing a new rule to reduce our risk toward you. You can still blow your accs on news but if you guess the direction or know what you're doing you wont be earning any profits"


There, E8, I fixed it for you.

Is anyone even still using E8?
  • #34,786
  • Apr 12, 2024 4:04am Apr 12, 2024 4:04am
Quoting Vitore
{quote} It's not so bad, at least from my perspective. I traded with about 10 of the top firms in the last year, and there are still a couple relatively reliable despite the MT turmoil. I pulled over 75K out of 4 of them this year so far and without any single payout denial. And my trading style is sometimes pretty aggressive for which I lose accounts repeatedly. Therefore (I assume) I was banned by FPFX (no regrets) and The Trading Pit terminated my contract after 4 rounds but all paid regardless. It's not as good as it used to be, but for the...
Want to share which are the ones you're still working on ? It would be interesting to know because I'm aware of all the problems you had with some props and that you're a bit aggressive. So I would say the props you're working on passed those "stress tests" and are proven ones, specially for a low radar guy like me.

I'm fine if you don't want to share.
  • #34,787
  • Apr 12, 2024 4:06am Apr 12, 2024 4:06am
Quoting montygoldy
Today Asian Session update. Officially trailing drawdown stops on 10 accounts (need to trade 5 more days) and 5 accounts (need to trade 6 more days) are 600$ away. After my calculation this payout cycle i.e 15th-20th april i'll be requesting 2000$ from 15 accounts i.e 30k. Fingers crossed Btw i am only playing with max 2-3 contracts on these funded accounts {image}
This man is a cowboy !

Nice work Monty. Looking forward to see how is payout process in Apex for a non US guy.
  • #34,788
  • Apr 12, 2024 4:08am Apr 12, 2024 4:08am
Quoting Capablanca
{quote} Want to share which are the ones you're still working on ? It would be interesting to know because I'm aware of all the problems you had with some props and that you're a bit aggressive. So I would say the props you're working on passed those "stress tests" and are proven ones, specially for a low radar guy like me. I'm fine if you don't want to share.
I second that.
  • #34,789
  • Apr 12, 2024 4:12am Apr 12, 2024 4:12am
Quoting LehmanBrotha
" we're introducing a new rule designed to enhance responsible trading and minimize unnecessary risks during our E8 Trader Stage. It's well-known that high-impact news frequently trigger significant market volatility. This heightened volatility can make it difficult to manage risk effectively and stay within your drawdown limits. Therefore, effective immediately, traders are prohibited from opening or closing trades 10 minutes before and 10 minutes after listed high-impact news release. This 20-minute window will help safeguard you against potentially...
After almost an year, I blew a challenge with them recently. Slippage is still high (not important for me but for frequent traders may be a problem).

Sounds that the news rule is coming back. I feel myself returning to 2020 when I started with FTMO.

I'm always in doubt if the rule violates the account of if they "just" deduct the profits made.
  • #34,790
  • Apr 12, 2024 4:22am Apr 12, 2024 4:22am
Quoting Vitore
{quote} It's not so bad, at least from my perspective. I traded with about 10 of the top firms in the last year, and there are still a couple relatively reliable despite the MT turmoil. I pulled over 75K out of 4 of them this year so far and without any single payout denial. And my trading style is sometimes pretty aggressive for which I lose accounts repeatedly. Therefore (I assume) I was banned by FPFX (no regrets) and The Trading Pit terminated my contract after 4 rounds but all paid regardless. It's not as good as it used to be, but for the...
I agree. generally on this thread at least, its only one person experiencing payout issues, certainly more here are claiming to get paid than are getting denied. That's not to slight monty at all, but there's still money to be made in fx props despite the negative fx/positive futures skew this thread is taking.

Which firms are you using at the moment Vitore?
  • #34,791
  • Apr 12, 2024 4:34am Apr 12, 2024 4:34am
About the E8 prohibition of news. It can be considered a violation of the account if they want, which means a TP hit during news is bye bye to the funded account, even if the trade is running for 3 days.
It's the worse version of the rule. Some props "only" forfeit profits.

Prohibited Actions
During the prohibition period, users are prohibited from:
a. Opening new trades (Market Execution/Limit orders).
b. Stop/Loss and Take/Profit
c. Buy Stop and Sell Stop

Please note, that if your Stop Loss or Take Profit orders are executed within the 20-minute period (10 Minutes before and 10 minutes after) immediately before or after the event, this will lead to removal of the positions and may also be considered a breach of the terms and conditions.

All non-targeted instruments can be traded without any restrictions.
https://help.e8funding.com/en/articl...trader-account
  • #34,792
  • Apr 12, 2024 4:47am Apr 12, 2024 4:47am
Quoting Capablanca
All non-targeted instruments can be traded without any restrictions. https://help.e8funding.com/en/articl...trader-account
Crude oil inventories restriction for all USD pairs? haha...
Attached Image (click to enlarge)
Click to Enlarge Name: crudenews.JPG Size: 16 KB
  • #34,793
  • Apr 12, 2024 5:21am Apr 12, 2024 5:21am
Quoting montygoldy
{quote} Bulenox firm has 90% going off.. HOT90. 50k eval cost 17 buck
They always have 90% off. Minimum 5 days, though.
  • #34,794
  • Apr 12, 2024 5:22am Apr 12, 2024 5:22am
Quoting Capablanca
{quote} We should be a bit cautious about payouts and influencers. We know how that worked in forex props... TFT had a lot of them adverting huge payout just to find out now that it was all fake.
Yes, but this guy live streams his trades. You can trade right along with him. H eliterally goes in, grabs around 20 points on a mini NAS copied accross 20 accounts.
  • #34,795
  • Apr 12, 2024 5:26am Apr 12, 2024 5:26am
Quoting HengkiTjen
{quote} i pay for eval, and i have to pay subscription fee? monthly ?
First month is 90% off and if you don't pass within 1 month, it's 175/month. If you don't pass, just terminate the account. They always have 90% discounts.

Once you pass, you can pay a one off or monthly fee. One-off is cheaper as long as you don't blow the account within 1 month.
  • #34,796
  • Apr 12, 2024 5:35am Apr 12, 2024 5:35am
Quoting procrude
This guy is awesome ! https://www.youtube.com/watch?v=jdwlDkF6SVU
yeah, he streams live ..
  • #34,797
  • Apr 12, 2024 6:01am Apr 12, 2024 6:01am
Quoting Capablanca
About the E8 prohibition of news. It can be considered a violation of the account if they want, which means a TP hit during news is bye bye to the funded account, even if the trade is running for 3 days. It's the worse version of the rule. Some props "only" forfeit profits. Prohibited Actions During the prohibition period, users are prohibited from: a. Opening new trades (Market Execution/Limit orders). b. Stop/Loss and Take/Profit c. Buy Stop and Sell Stop Please note, that if your Stop Loss or Take Profit orders are executed within the 20-minute...
A couple of hours after announcing +/- 10min news and crude inventories counting for USD pairs, now they decreased to 5min and crude inventories don't affect USD any longer.

And Dylan always bragging that E8 makes the moves slowly and after deep thought. What a joke from E8.

Prohibited Actions
During the prohibition period, users are prohibited from:
a. Opening new trades (Market Execution/Limit orders).
b. Stop/Loss and Take/Profit
c. Buy Stop and Sell Stop

Please note, that if your Stop Loss or Take Profit orders are executed within the 10-minute period (5 Minutes before and 5 minutes after) immediately before or after the event, this will lead to removal of the positions and may also be considered a breach of the terms and conditions.

https://help.e8funding.com/en/articl...trader-account

They were flogged in Discord for the 10 minutes, that's what happened.
Attached Image (click to enlarge)
Click to Enlarge Name: E8 5 minutes.PNG Size: 11 KB
  • #34,798
  • Apr 12, 2024 6:02am Apr 12, 2024 6:02am
Quoting pipmaster77
{quote} Yes, but this guy live streams his trades. You can trade right along with him. H eliterally goes in, grabs around 20 points on a mini NAS copied accross 20 accounts.
Thanks guys, I'll have a look into him. Difficult these days to know who is legit.
  • #34,799
  • Apr 12, 2024 6:03am Apr 12, 2024 6:03am
Quoting ladder
{quote} Crude oil inventories restriction for all USD pairs? haha... {image}
Not any more
  • #34,800
  • Apr 12, 2024 6:14am Apr 12, 2024 6:14am
Quoting Capablanca
{quote} Want to share which are the ones you're still working on ? It would be interesting to know because I'm aware of all the problems you had with some props and that you're a bit aggressive. So I would say the props you're working on passed those "stress tests" and are proven ones, specially for a low radar guy like me. I'm fine if you don't want to share.
Right now I'm only with FXIFY and Funded Engineer

I lost accounts I had with Funding Pips, Swift Funding and The Trading Pit. I don't plan to do any more evaluations with the first two though they were ok and both paid me more than once without issues. So I consider them safe. The last one is closed for me for my aggressive trading style but otherwise they were one of the bests and paid me many times without any issues or delays.
Money is made by sitting, not trading
47 traders viewing now