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  • #40,241
  • Edited 3:01pm Aug 5, 2024 2:44pm | Edited 3:01pm
Quoting Expo33
{quote} When you had your big run up to get back into positive profit how many lots of exposure did you have?
15 to 20 lots Yes, at least after knowing this, we can criticize Darwinex by saying that the risk limitation should be reasonable. Let's say it should not exceed 0.3%, but that doesn't mean cutting it down further into 7 or 12 additional parts. Trading 0.04% 100 times is no longer funny just to get 4%.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #40,242
  • Aug 5, 2024 2:46pm Aug 5, 2024 2:46pm
I mean I would test the futures arena - not for personal with those good spreads from IC as it does not make sense as you pay no comms on indices with them - but with no comms at Fasttrack prop I would go with, but only when they have better platform stability than now. I heard often is something down, if you scalp that can be easily a killer. The advantage is trading on 20 acc. with them, because of the execution. Hopefully they will be ready until September, their actually timeline got extended admitting they have still problems. That is still a no go for me. Anyone can trade smoothly with Fasttrack, any hands-on experiences to share from anyone ? I paid for my Replikanto tool with Ninjatrader, how does Rithmic with Quantower copy works ? Any larger latency at all ? What about the latencies in general ? I mean I have 1 ms ping with VPS activated at IC Markets.
  • #40,243
  • Aug 5, 2024 3:15pm Aug 5, 2024 3:15pm
Quoting Expo33
{quote} 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
Yes, my risk factor started at 1.81 and has been holding steady at 1.41. The easiest way to explain it.....Trade it like it was your own account. I trade very small, today I was trading 1 YM on a million dollar account.......a 1,000 point move is .5%, well closer to .72 ish due to the 1.41 risk engine.
This is not shooting for 15-20% per month, this is build a track record, keep DD small, make 2-4% per month and let the investors come to you.
The problem is most are trying to compare it to the prop model we have been discussing for the past 3-4 years here, it is not even remotely the same.
  • #40,244
  • Aug 5, 2024 3:36pm Aug 5, 2024 3:36pm
Quoting pipmaster77
{quote} Yes, my risk factor started at 1.81 and has been holding steady at 1.41. The easiest way to explain it.....Trade it like it was your own account. I trade very small, today I was trading 1 YM on a million dollar account.......a 1,000 point move is .5%, well closer to .72 ish due to the 1.41 risk engine. This is not shooting for 15-20% per month, this is build a track record, keep DD small, make 2-4% per month and let the investors come to you. The problem is most are trying to compare it to the prop model we have been discussing for the past...
what is your average leverage ?
  • #40,245
  • Aug 5, 2024 3:39pm Aug 5, 2024 3:39pm
Quoting CableJ
@ Montygoldy Do you yolo reports with my funded futures with the +/- 2m rule or does that rule not apply during evals?
only evals bro.. i dont even touch funded 99% of time IN NY SESSION. I try to get my targets in asia or london
Extreme gut feeling trader
  • #40,246
  • Aug 5, 2024 3:44pm Aug 5, 2024 3:44pm
Quoting Expo33
{quote} 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.
i think its the first payout that takes that long after that its faster… Btw why dont you try 150k account its lifetime fees is cheap as 50k monthly….
Extreme gut feeling trader
  • #40,247
  • Aug 5, 2024 3:46pm Aug 5, 2024 3:46pm
Quoting procrude
{quote} I would trade a 50K with only micros. Currently I am working with 300K apex and doing only 1 contract. 50K is too small for 1 contract size, unless you want to Gamble / Yolo.
300k is the worst as compared to targets…. Best is 150k in my opinion enough drawdown and targets not big plus easy to clear threshold on PA’s coz that the ultimate goal….
Extreme gut feeling trader
  • #40,248
  • Aug 5, 2024 4:01pm Aug 5, 2024 4:01pm
Quoting montygoldy
{quote} i think its the first payout that takes that long after that its faster… Btw why dont you try 150k account its lifetime fees is cheap as 50k monthly….
But didn't you just wait 3 weeks to get your payout and you've already had multiple payouts
Pride always comes before destruction.... -Proverbs 16:18
  • #40,249
  • Aug 5, 2024 4:10pm Aug 5, 2024 4:10pm
Quoting Expo33
{quote} But didn't you just wait 3 weeks to get your payout and you've already had multiple payouts
I agree....my next prop evals will be TakeProfitTrader and Topstep, I have 5 PAs @ Apex, but will not purchase any more until they become more efficient with the payouts.
You are exactly right, it's the principal .......TakeProfit you can get paid multiple times in the same day if you wish.
  • #40,250
  • Aug 5, 2024 4:19pm Aug 5, 2024 4:19pm
Quoting Expo33
{quote} But didn't you just wait 3 weeks to get your payout and you've already had multiple payouts
Yeah but i am international and things are always slow for my case not just apex....
I am just saying coz i read/seen alot of traders gets approved 2-3 days after their first payout........
Extreme gut feeling trader
  • #40,251
  • Aug 5, 2024 4:22pm Aug 5, 2024 4:22pm
Quoting Rmg
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.
Come on need to learn our lesson its the same thing over again that happened in FOREX PROP FIRMS beginning this year all these knights, dragons, lions of fuding props firms were the biggest scams. They work like MLM first payout in the beginning from the challenege fees and gain traction.

BIGGEST RED FLAG FOR ME IS THEY CAN'T EVEN AFFORD .COM DOMAIN.
Extreme gut feeling trader
  • #40,252
  • Aug 5, 2024 4:36pm Aug 5, 2024 4:36pm
Quoting montygoldy
{quote} Come on need to learn our lesson its the same thing over again that happened in FOREX PROP FIRMS beginning this year all these knights, dragons, lions of fuding props firms were the biggest scams. They work like MLM first payout in the beginning from the challenege fees and gain traction. BIGGEST RED FLAG FOR ME IS THEY CAN'T EVEN AFFORD .COM DOMAIN.
All of them are scammers or schemers until they don't.
Not to have high hopes for anyone but milk them as much as we can.
on a postive roll...
  • #40,253
  • Aug 5, 2024 4:38pm Aug 5, 2024 4:38pm
Quoting Rmg
{quote} All of them are scammers or schemers until they don't. Not to have high hopes for anyone but milk them as much as we can.
Altleast top ones are more secure than these......
Extreme gut feeling trader
  • #40,254
  • Aug 5, 2024 4:41pm Aug 5, 2024 4:41pm
Quoting hayseed
{quote} //----- most are more familiar than me, but here is a list of the asset classes and tickers......h //------ https://www.darwinexzero.com/assets#forex-cfd

Hi hayseed,

Thank you for that list. That just seems to be a small list considering the amount of forex pairs available for trading. Are you in an evaluation with DarwinX Zero? If so, are you satisfied with their program? Thank you, my friend, for your response.
  • #40,255
  • Aug 5, 2024 4:47pm Aug 5, 2024 4:47pm
Quoting montygoldy
{quote} Yeah but i am international and things are always slow for my case not just apex.... I am just saying coz i read/seen alot of traders gets approved 2-3 days after their first payout........
International should only affect the time from approval to money hitting your bank. Should have nothing to do with it taking 2 weeks to approve a payout
Pride always comes before destruction.... -Proverbs 16:18
  • #40,256
  • Aug 5, 2024 4:55pm Aug 5, 2024 4:55pm
Quoting pipmaster77
{quote} Yes, my risk factor started at 1.81 and has been holding steady at 1.41. The easiest way to explain it.....Trade it like it was your own account. I trade very small, today I was trading 1 YM on a million dollar account.......a 1,000 point move is .5%, well closer to .72 ish due to the 1.41 risk engine. This is not shooting for 15-20% per month, this is build a track record, keep DD small, make 2-4% per month and let the investors come to you. The problem is most are trying to compare it to the prop model we have been discussing for the past...
I plan on joining the Dawinex party lol... based on my historical drawdowns, dropping my risk per trade down to .25% should keep me around no more than -3% DD w/ EOY returns of 9-15%. The risk engine should be very happy and scale me up.
  • #40,257
  • Edited 5:34pm Aug 5, 2024 5:06pm | Edited 5:34pm
Quoting Rmg
https://youtu.be/K9PaFrF-X8k?si=_HDaisN_f7dfdbOr
That woman admitted she took 900 Apex evals and never reached payout. She has an axe to grind with Apex. I've been with Apex since about last year around this time and never had 1 payout denied, late yes.... denied never.

Monty is a wild man and still gets paid.... what are these people doing that they are getting their payments denied?
  • #40,258
  • Aug 5, 2024 5:10pm Aug 5, 2024 5:10pm
Quoting CableJ
{quote} That woman took 900 Apex evals and never reached payout. She has an ax to grind with Apex. I've been with Apex since about last year around this time and never had 1 payout denied, late yes.... denied never.
900 oh my god I will remove the link.
on a postive roll...
  • #40,259
  • Aug 5, 2024 5:16pm Aug 5, 2024 5:16pm
Quoting CableJ
{quote} That woman admitted she took 900 Apex evals and never reached payout. She has an ax to grind with Apex. I've been with Apex since about last year around this time and never had 1 payout denied, late yes.... denied never. Monty is a wild man and still gets paid.... what are these people doing that they are getting their payments denied?
Mine got denied for valid reason but waiting for 3 weeks to know that is bollocks. I had 2 payouts previously.
Monty is constant revenue for Apex they will never lose him.
Have you got more than the threshhold payout after 4 months? Just curious.
on a postive roll...
  • #40,260
  • Aug 5, 2024 5:31pm Aug 5, 2024 5:31pm
Quoting TrAndy1
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... {image}
You cant compare real market orders like in futures, to fake liquidity and fake spreads in CFDs or ic markets bro...
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