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Anyone trading with a Prop firm 31 replies

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  • #42,221
  • Sep 18, 2024 5:57am Sep 18, 2024 5:57am
Quoting Trader191
{quote} but for 20k wins in one year nobody would do fulltime trading as only income (maybe in poor countries it is different, but even then its a very low number for get something with risk). near in any job you would then earn more salary and this without risk and with paid holidays and health insurance parts Paid and many other additional advantages. or you speak about this money additional to your job salary, so just as some add on to your main income? in most cases (for industrial countries) as fulltime trader when you cant earn 100k a year...
I was talking about that 20k comparable income, I had 100k in 2023 and I trade my personal since Feb this year too. That additional income was not in that 20k I spoke.
  • #42,222
  • Sep 18, 2024 5:59am Sep 18, 2024 5:59am
Quoting Vuki
{quote} Why is it so hard then to provide proof that user actually got denied out of no reason? Never heard anything bad about goat funded trader. Have you heard of funded engineers? As far is i know this is also a pretty decent firm.
You really trade with millions on your own personal broker accounts ? Then do not bother at all about prop firms I would say. Just continue trading on personal accounts.
  • #42,223
  • Edited 7:25am Sep 18, 2024 6:24am | Edited 7:25am
Quoting Vuki
{quote} Why is it so hard then to provide proof that user actually got denied out of no reason? Never heard anything bad about goat funded trader. Have you heard of funded engineers? As far is i know this is also a pretty decent firm.
I don't have to spend my time proofing anything to you because I don't give a shit if you believe or not.

This site has a search bottom which you can use to search by prop and a lot of material can be found.

You can also use twitter to build a timeline that brings you the the cases, unbiased. You just have to spend some time and find the right profiles to follow and not those affiliates that populate X saying wonderful things about props (btw, Goat and Funding Pips are the bot champions in X, anyone knows that, that's how they built fake reputation).

About Alpha.... anyone following this industry for a while, knows that they were already involved in:
- KYC shady practices
- Changing rules overnight and denying past payouts based in rules that were not in place at that time
- Had a major data breached, never assumed or communicated to authorities
- Banned people that got funded and payouts from a giveaway account, saying it was fraudulent
- Banning people who was using myfxbook. They were incompetent enough for not investigate this proactively and only after a lot of fuss they acknowledged the mistake

And this in just a couple of months.... I don't expect you to believe on it. In fact I don't care if you believe or not. I saw evidence of all this and that's all that matters to me. I'm neither the police or the industry, nor the advisor of anyone.

P.S. I don't know what you mean by Funded Engineers. Those guys already closed doors, bankrupt.
  • #42,224
  • Sep 18, 2024 7:25am Sep 18, 2024 7:25am
Quoting montygoldy
Is it true APEX doing fast payouts ....... seeing people approved in 1 day on twitter and some youtube streamers claiming as well...
yes . Requested on Sunday and approved on Monday.
  • #42,225
  • Sep 18, 2024 7:42am Sep 18, 2024 7:42am
Quoting Boulder
{quote} yes . Requested on Sunday and approved on Monday.
Was it yours ? If so please keep us updated about the time to receive it. Thanks !
  • #42,226
  • Sep 18, 2024 7:57am Sep 18, 2024 7:57am
Not recommending but Funded Next is doing 2x1 promo
https://x.com/FundedNext/status/1836329920127189324

People need to pass the challenge phase to get the other free challenge
  • #42,227
  • Sep 18, 2024 8:09am Sep 18, 2024 8:09am
Quoting TrAndy1
{quote} I was talking about that 20k comparable income, I had 100k in 2023 and I trade my personal since Feb this year too. That additional income was not in that 20k I spoke.
ok, so you are near the border you can do it as full time trader without losing to much against people doing standard jobs with salary. still risky with 100k (depends in the country you live), but at least doable.
so when you grow now from this 100k each year, over time you will then get to a positive net return value included opportunity costs. by this, first step of trading as professional trader is done to live from trading without thinking about money and risk/money.
  • #42,228
  • Sep 18, 2024 8:21am Sep 18, 2024 8:21am
Quoting montygoldy
Is it true APEX doing fast payouts ....... seeing people approved in 1 day on twitter and some youtube streamers claiming as well...
Monty, have apex ever asked you for video recording of your trades before paying you?
Drawdown is more important than Account Size !
  • #42,229
  • Sep 18, 2024 8:44am Sep 18, 2024 8:44am
Quoting hashzar
{quote} That is fantastic driven18! What session of the day do you trade?
I (via my algo) trade 24 hours a day, my start time depends on the historical best start time for my techniques over the last few months. Start time is adjusted every week.
  • #42,230
  • Sep 18, 2024 9:54am Sep 18, 2024 9:54am
Quoting procrude
{quote} Monty, have apex ever asked you for video recording of your trades before paying you?
Nope... check my previous posts...i have laid down all the steps i did to get a payout without any issues its the same with every firm.....
Extreme gut feeling trader
  • #42,231
  • Sep 18, 2024 9:58am Sep 18, 2024 9:58am
Quoting Boulder
{quote} yes . Requested on Sunday and approved on Monday.
Thats GLORIOUS>>>>>>
TIme TO LOAD UP APEX EVALS>>
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Extreme gut feeling trader
  • #42,232
  • Sep 18, 2024 10:40am Sep 18, 2024 10:40am
https://www.financemagnates.com/fore...ieved-payouts/
  • #42,233
  • Sep 18, 2024 11:00am Sep 18, 2024 11:00am
Quoting Vuki
it’s fully legal for a prop firm to change rules without prior notice. Kyc rules are changed by the country where the prop has settled down so not their decision. People getting angry because they break rules and then make bad reviews for a denied payout is pretty much laughable. Pure comedy for me.
-Changing the rules without notice is one thing, but enforcing them without prior notice is unethical and would likely void any contractual agreements as it would render them unconscionable, especially if the rules are constantly changing. The proper procedure would be to prohibit use and/or access to product/service until the end-user has agreed to the new terms. This is standard practice across most industries.

Quoting Vuki
Yes you should check daily. Its the same with your car. In Germany its a must to check around thd car if it is working fine. Every single drive...
-Nobody checks every-single-thing daily. Not only is that not practical, but it is not possible. Furthermore, your car is not making decisions to change, nor does it have the ability to communicate with you in the same way that human-led props can. The comparison is nonsensical.
  • #42,234
  • Sep 18, 2024 12:03pm Sep 18, 2024 12:03pm
SOme updates....

Last fews days kinda see-saw .... But the good thing is its building my confidence.....


1. 3 Funded MFFFU accounts - 2 at breakeven and 1 - 700$ down
2. Also passed one more eval so total 3 more funded MFFU in line if i lose these current accounts..... (Another best thing of MFFU for dormant funded accounts they dont charge monthly fees)

Need a payout out of them i.e 3600$ to buy anymore evals....
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Extreme gut feeling trader
  • #42,235
  • Sep 18, 2024 1:27pm Sep 18, 2024 1:27pm
God thanks that I was again right with a 50 bps cut. Went 100% long on EU, AU, NU, GU so shorting the US Dollar BEFORE THE DECISION. LOOKS GOOD !!!
Here is the proof I wrote my thoughts before the decision: https://www.elitetrader.com/et/threa...2#post-6024798
  • #42,236
  • Sep 18, 2024 2:26pm Sep 18, 2024 2:26pm
Fakt is Bakt
  • #42,237
  • Sep 18, 2024 2:35pm Sep 18, 2024 2:35pm
Quoting TrAndy1
{quote} You really trade with millions on your own personal broker accounts ? Then do not bother at all about prop firms I would say. Just continue trading on personal accounts.
just because I am using personal accounts I should not get into prop trading?
Forex Trader | IT Infrastructure Specialist | Trading Insights & Analys
VukispaceTickeScalperArbitrage All Time Return: 4,021.1%
  • #42,238
  • Sep 18, 2024 2:38pm Sep 18, 2024 2:38pm
Quoting Capablanca
{quote} I don't have to spend my time proofing anything to you because I don't give a shit if you believe or not. This site has a search bottom which you can use to search by prop and a lot of material can be found. You can also use twitter to build a timeline that brings you the the cases, unbiased. You just have to spend some time and find the right profiles to follow and not those affiliates that populate X saying wonderful things about props (btw, Goat and Funding Pips are the bot champions in X, anyone knows that, that's how they built fake...
I knew there was a site where payouts where tracked via the rise network. Fundingpips had 60mil only in rise payouts. In your opinion. What’s a legit x, YouTube, insta account about prop firms? Why not use propfirm match?
Forex Trader | IT Infrastructure Specialist | Trading Insights & Analys
VukispaceTickeScalperArbitrage All Time Return: 4,021.1%
  • #42,239
  • Sep 18, 2024 3:02pm Sep 18, 2024 3:02pm
Quoting Vuki
Why not use propfirm match?
Because it’s an affiliate-link-farm site?
  • #42,240
  • Sep 18, 2024 3:09pm Sep 18, 2024 3:09pm
Quoting Takisd
Fakt is Bakt
I hope rubbish is left out of here.
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