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  • #40,221
  • Aug 5, 2024 11:22am Aug 5, 2024 11:22am
Love the perfect doji we had today on the ES
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Drawdown is more important than Account Size !
  • #40,222
  • Aug 5, 2024 11:40am Aug 5, 2024 11:40am
Quoting CableJ
{quote} Who are you still trading and getting payouts with on the FX prop side these days?
Funded accounts in Alpha, FXIFY, Blue, Next and 5ers. All with more or less recent payouts, except in FXIFY.
A couple of challenges on the way, some for a long time. MFFx, Peaks, ICFunded and Pit.
  • #40,223
  • Aug 5, 2024 11:53am Aug 5, 2024 11:53am
Quoting Capablanca
{quote} Funded accounts in Alpha, FXIFY, Blue, Next and 5ers. All with more or less recent payouts, except in FXIFY. A couple of challenges on the way, some for a long time. MFFx, Peaks, ICFunded and Pit.
MFFX not paying?
  • #40,224
  • Aug 5, 2024 11:57am Aug 5, 2024 11:57am
Quoting CableJ
{quote} MFFX not paying?
No ? I've been seeing payout in Rise here (almost 1M in the last week):
https://payoutjunction.com/

We know this can be manipulated, paying staff and affiliates through Rise, but even though seems reasonable.
  • #40,225
  • Aug 5, 2024 12:03pm Aug 5, 2024 12:03pm
Anyone else been having connection issues with FTMO? Missed pretty much the whole NY session because of connection issues.
Truth is like poetry. And most people f*cking hate poetry.
  • #40,226
  • Aug 5, 2024 12:24pm Aug 5, 2024 12:24pm
Quoting Capablanca
{quote} No ? I've been seeing payout in Rise here (almost 1M in the last week): https://payoutjunction.com/ We know this can be manipulated, paying staff and affiliates through Rise, but even though seems reasonable.
Thanks for the link, but how you can trust or want to purchase challenges from FundedPeaks ? They had only lousy 3 payouts in last 7 days, so there are still big problems. You posted before you would want to go further with Peaks too, really ?
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  • #40,227
  • Aug 5, 2024 12:35pm Aug 5, 2024 12:35pm
Quoting procrude
Love the perfect doji we had today on the ES {image}
Yes, and that bounce was off the 200 daily MA, not around it, precisely off of it.
  • #40,228
  • Aug 5, 2024 12:51pm Aug 5, 2024 12:51pm
Quoting TrAndy1
{quote} Thanks for the link, but how you can trust or want to purchase challenges from FundedPeaks ? They had only lousy 3 payouts in last 7 days, so there are still big problems. You posted before you would want to go further with Peaks too, really ? {image}
This challenge is running for 4 or 5 months, well before they problems.
When financial rumor appeared I stop negotiating it, only placed a trade from time to time, because I thought it was a dead horse.
When Josh took over I restarted again, although I'm not very confident that they can survive (very few payouts in the last week and Josh stop communicating as he did in the beginning). I have already written off that challenge from my books. If I ever get anything it will be a nice surprise.
  • #40,229
  • Aug 5, 2024 12:52pm Aug 5, 2024 12:52pm
Quoting failinforex
{quote} From 15th July to 29th July there is a danger of losing the payout as we continue to trade with that account. This is the greatest setback of Apex. Btw do you continue to trade that PA account from 15th to 29th while waiting for approval?
I think it's just APEX basically forcing you to opt for the lifetime PA fee instead of the cheaper monthly fee. Just like an insurance company. Get those premiums, then delay any payouts as long as possible.

APEX is on the shelf for the time being for me. 3 weeks to get paid is unacceptable. If they can do better, I'll try them again at that point
Pride always comes before destruction.... -Proverbs 16:18
  • #40,230
  • Aug 5, 2024 1:11pm Aug 5, 2024 1:11pm
Quoting Expo33
{quote} I think it's just APEX basically forcing you to opt for the lifetime PA fee instead of the cheaper monthly fee. Just like an insurance company. Get those premiums, then delay any payouts as long as possible. APEX is on the shelf for the time being for me. 3 weeks to get paid is unacceptable. If they can do better, I'll try them again at that point
Take profit, Topstep & My funded futures are better options to get paid fast... all 3 have daily limits so a bit tougher for your methods lol
  • #40,231
  • Edited 1:53pm Aug 5, 2024 1:36pm | Edited 1:53pm
So, Darwinex changes the statistics, adjusting them after Index Creation. The drawdown is adjusted to be small, but the return is cut so it becomes negative. Lol. The current Risk Ratio is 0.12. For example, if I trade 0.88 Lots, Darwinex will adjust it to 0.11 Lots. I can adjust it back to 0.88 Lots if I trade 7.73 Lots (risk increases to 2.75% from the basic 0.33%).

Who has designed this Darwinex's risk system? It's very confusing. Lol. At least now I understand a little about how this risk engine works.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #40,232
  • Aug 5, 2024 1:36pm Aug 5, 2024 1:36pm
Fast track trading seems good as well. No evls,first payout in 5 days. 5 % DD to 5% Profit target. Might give it a try as well.
2 PA payout request pending from Apex.
Stopped trading until they pull their shite together.
on a postive roll...
  • #40,233
  • Edited 2:50pm Aug 5, 2024 2:12pm | Edited 2:50pm
Quoting CableJ
{quote} Take profit, Topstep & My funded futures are better options to get paid fast... all 3 have daily limits so a bit tougher for your methods lol
I don't really care how long it takes to get paid as long as I get paid

It's more about the principal involved. Don't offer a subscription model for PA accounts if it takes 3 weeks to get paid.
Pride always comes before destruction.... -Proverbs 16:18
  • #40,234
  • Aug 5, 2024 2:13pm Aug 5, 2024 2:13pm
Quoting RoelsMajor
So, Darwinex changes the statistics, adjusting them after Index Creation. The drawdown is adjusted to be small, but the return is cut so it becomes negative. Lol. The current Risk Ratio is 0.12. For example, if I trade 0.88 Lots, Darwinex will adjust it to 0.11 Lots. I can adjust it back to 0.88 Lots if I trade 7.73 Lots (risk increases to 2.75% from the basic 0.33%). Who has designed this Darwinex's risk system? It's very confusing. Lol. At least now I understand a little about how this risk engine works....
...and the score and whole formulas behind are not figured out here in this thread. How can anyone spend time to trade with Darwinex if the rules are not known and there is a big black box calculating your success ? I do not get it. If I traded on a platform I would like to know all the rules beforehand and not spending my time to figure out the rules (over time). To me the rules are so complex or complicated that they have not published it because there are errors in it when they do perform the calculation, but that is not proven of course and just a guess. You just do not know it with them, when you see your big surprise. Hiding rules has never been a good or fair game and is only for the advantage of the prop firm. If anyone figured it out all, why not posting it here so we all could have a look ? Darwinex is still a miracle...
  • #40,235
  • Aug 5, 2024 2:22pm Aug 5, 2024 2:22pm
Quoting RoelsMajor
So, Darwinex changes the statistics, adjusting them after Index Creation. The drawdown is adjusted to be small, but the return is cut so it becomes negative. Lol. The current Risk Ratio is 0.12. For example, if I trade 0.88 Lots, Darwinex will adjust it to 0.11 Lots. I can adjust it back to 0.88 Lots if I trade 7.73 Lots (risk increases to 2.75% from the basic 0.33%). Who has designed this Darwinex's risk system? It's very confusing. Lol. At least now I understand a little about how this risk engine works....
That's what I've been trying to tell you. If you have a drawdown that large then you must have been overleveraging and the risk engime will cut your nuts off.

So now if you the only way to get any leverage is to trade bigger but then engine will just keep reducing your risk. So your stuck.

The only option now is to trade 1-3 lots for 2 months to get the engine to increase the risk factor. I literally documented on this thread (as did sampat) this exact situation. Better off cancelling and slapping down another $20 and starting over otherwise your just paying more subscriptions

In my case the platform said I had 125K after the calibration phase. But when the index was created it had me at 105K with a risk factor of 0.18
Pride always comes before destruction.... -Proverbs 16:18
  • #40,236
  • Aug 5, 2024 2:26pm Aug 5, 2024 2:26pm
Quoting TrAndy1
{quote} ...and the score and whole formulas behind are not figured out here in this thread. How can anyone spend time to trade with Darwinex if the rules are not known and there is a big black box calculating your success ? I do not get it. If I traded on a platform I would like to know all the rules beforehand and not spending my time to figure out the rules (over time). To me the rules are so complex or complicated that they have not published it because there are errors in it when they do perform the calculation, but that is not proven of course...
Actually the VaR is explained in detail on their website and experienced users have been singing from the roof tops about the consequences of overleveraging
Pride always comes before destruction.... -Proverbs 16:18
  • #40,237
  • Aug 5, 2024 2:29pm Aug 5, 2024 2:29pm
Quoting TrAndy1
{quote} ...and the score and whole formulas behind are not figured out here in this thread. How can anyone spend time to trade with Darwinex if the rules are not known and there is a big black box calculating your success ? I do not get it. If I traded on a platform I would like to know all the rules beforehand and not spending my time to figure out the rules (over time). To me the rules are so complex or complicated that they have not published it because there are errors in it when they do perform the calculation, but that is not proven of course...
What is written in the manual theory book https://www.darwinexzero.com/docs/what-is-darwinex-zero might not necessarily align with real-life experiences. It takes time to understand it.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #40,238
  • Aug 5, 2024 2:32pm Aug 5, 2024 2:32pm
Quoting RoelsMajor
{quote} What is written in the manual theory book https://www.darwinexzero.com/docs/what-is-darwinex-zero might not necessarily align with real-life experiences. It takes time to understand it.
When you had your big run up to get back into positive profit how many lots of exposure did you have?
Pride always comes before destruction.... -Proverbs 16:18
  • #40,239
  • Aug 5, 2024 2:37pm Aug 5, 2024 2:37pm
Quoting Expo33
{quote} That's what I've been trying to tell you. If you have a drawdown that large then you must have been overleveraging and the risk engime will cut your nuts off. So now if you the only way to get any leverage is to trade bigger but then engine will just keep reducing your risk. So your stuck. The only option now is to trade 1-3 lots for 2 months to get the engine to increase the risk factor. I literally documented on this thread (as did sampat) this exact situation. Better off cancelling and slapping down another $20 and starting over otherwise...
Yes, I think creating a new account is better. 0.12 from 0.33% means that for each trade, if it’s profitable, you only get 0.04%. Lol. This isn’t holding back anymore, this is like being an eunuch.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #40,240
  • Aug 5, 2024 2:38pm Aug 5, 2024 2:38pm
Spreads have been narrowed today again, being the leader No.1 worldwide without comparing elsewhere. I am pretty sure no one can beat IC Markets. Long live...
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