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Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

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  • #44,181
  • Nov 7, 2024 4:28am Nov 7, 2024 4:28am
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  • #44,182
  • Edited 8:12am Nov 7, 2024 8:01am | Edited 8:12am
Quoting navk
{quote} Apex 1 - 301 $ Apex 2 - 340 $ MFFU - 310 $. FXIFY : 1 .05 % Asian strategy, done and closed. Tokyo yet to open. No need to trade anymore today. But, I do not know. FXIFY, definitely will not touch anymore today. Futures, I will.
Update :

Apex 1 - 630 $

Apex 2 - 340 $

MFFU : 691 $

FXIFY : 1.05 %
Intraday only.
  • #44,183
  • Edited 9:57am Nov 7, 2024 9:25am | Edited 9:57am
BREAKING NEWS - FTT SHUTTING DOWN

Scott is probably already in Panama

from the Tradeify discord

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FTT discord SHUT DOWN

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  • #44,184
  • Nov 7, 2024 9:27am Nov 7, 2024 9:27am
Quoting Stoneyrocks
BREAKING NEWS - FTT SHUTTING DOWN from the Tradeify discord {image}
who is FTT ?

Full form ?
Intraday only.
  • #44,185
  • Nov 7, 2024 9:40am Nov 7, 2024 9:40am
Quoting montygoldy
{quote} .... My only issue is its a pretty damn slow process to get something out of it... Right now milking 2k from MFFU every 7 to 8 average days feels like a bit of waste efforts...... I am at a stage where For me MATH needs to be 10k or above to feel like doing something meaningful and adrenaline rush...
2k per week, about 8k per month, 96k a year
2k per month, about 24k a year

It is hard if target profit for 1 step evals 10%. For forex, 6% is realistic. An average of 3% per month.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #44,186
  • Nov 7, 2024 9:53am Nov 7, 2024 9:53am
Quoting RoelsMajor
{quote} 2k per week, about 8k per month, 96k a year 2k per month, about 24k a year It is hard if target profit for 1 step evals 10%. For forex, 6% is realistic. An average of 3% per month.
The problem with Prop industry is... no one knows when they will shut down.

The idea of many ( including me ) is to make reasonable and quick bucks from Prop firm and then deposit with reputed mt4 broker.

And I know Monty does the same.
Intraday only.
  • #44,187
  • Nov 7, 2024 10:03am Nov 7, 2024 10:03am
Quoting Stoneyrocks
BREAKING NEWS - FTT SHUTTING DOWN Scott is probably already in Panama from the Tradeify discord {image} {image} FTT discord SHUT DOWN {image}
Biggest scam ever , Took 10M $ and now they will shut down
  • #44,188
  • Nov 7, 2024 10:55am Nov 7, 2024 10:55am
Planning on full Yolo'ing 3 150k apex accounts on the FED news coming up in 2 hours
Drawdown is more important than Account Size !
  • #44,189
  • Nov 7, 2024 10:59am Nov 7, 2024 10:59am
Quoting RoelsMajor
{quote} 2k per week, about 8k per month, 96k a year 2k per month, about 24k a year It is hard if target profit for 1 step evals 10%. For forex, 6% is realistic. An average of 3% per month.
Problem with that math is its nearly impossible to do it in trading to win all the time... Instead you have a better chance of hitting 1 or 2 payouts with some luck.... why not go for 10k rewards rather than 2k..... same time, same efforts, same luck just 500% + gain........ on the other hand eval cost will be 3 to 5 times but still damn cheap...
Extreme gut feeling trader
  • #44,190
  • Nov 7, 2024 11:07am Nov 7, 2024 11:07am
Ugly Day.....

1. MFFU (FUNDED) - 50kx3 Down 400$ each (Small losses accumulated)
2. Tradeify (FUNDED) - 50kx7 Down 1200 each (DLL hit .. GOld did some BS entered long went straight hit my sl then fly away. Will try to recover them slowly 700$ worth of drawdown left)
3. Topstep (EVALS) - 50kx5 (PASSED)
4. TakeprofitTrader (EVALS) - 50kx5 (Yesterday Hit DLL but today recovered it all so at breakeven)
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Extreme gut feeling trader
  • #44,191
  • Nov 7, 2024 11:11am Nov 7, 2024 11:11am
Quoting Stoneyrocks
BREAKING NEWS - FTT SHUTTING DOWN Scott is probably already in Panama from the Tradeify discord {image} {image} FTT discord SHUT DOWN {image}
I have said this many months ago...

Same story as SKilledFundedTrader - Big promises keep the hype alive to pull in as much as possible

People still fell for this scam when i told my red flags no .com domain, owner was out of electricity doesnt even have a generator etc
Extreme gut feeling trader
  • #44,192
  • Nov 7, 2024 11:28am Nov 7, 2024 11:28am
Quoting montygoldy
{quote} Problem with that math is its nearly impossible to do it in trading to win all the time... Instead you have a better chance of hitting 1 or 2 payouts with some luck.... why not go for 10k rewards rather than 2k..... same time, same efforts, same luck just 500% + gain........ on the other hand eval cost will be 3 to 5 times but still damn cheap...
Yes, you definitely have a (very effective) process.
  • #44,193
  • Nov 7, 2024 11:30am Nov 7, 2024 11:30am
Rug Pull 101
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Pride always comes before destruction.... -Proverbs 16:18
  • #44,194
  • Nov 7, 2024 11:32am Nov 7, 2024 11:32am
Quoting pipmaster77
{quote} Yes, you definitely have a (very effective) process.
I may have missed the post but did you get your payout from DZero?
Pride always comes before destruction.... -Proverbs 16:18
  • #44,195
  • Nov 7, 2024 11:53am Nov 7, 2024 11:53am
Quoting Stoneyrocks
BREAKING NEWS - FTT SHUTTING DOWN Scott is probably already in Panama from the Tradeify discord {image} {image} FTT discord SHUT DOWN {image}
Some scams are subtitle, but this one was so obvious that I can't feel sorry for anyone.
  • #44,196
  • Nov 7, 2024 11:54am Nov 7, 2024 11:54am
Quoting pipmaster77
{quote} Yes, you definitely have a (very effective) process.
Yes it really works....
Some examples - worst example. - nearly 4k spent on topstep (evals + activation fees) and only got 1 payout out of 12500$.....
Now tradeify - nearly spent till now 2500$ in evals and aiming for 1 payout which will be 1500x7(10500$)

On the other hand there is no harm in going slow..... if it works for you.... I know for sure i'll have those meltdown days where i revenge trade n lose it all....
Extreme gut feeling trader
  • #44,197
  • Nov 7, 2024 11:54am Nov 7, 2024 11:54am
Quoting Expo33
Rug Pull 101 {image}
pretty logical …

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  • #44,198
  • Nov 7, 2024 11:56am Nov 7, 2024 11:56am
Quoting Capablanca
{quote} Some scams are subtitle, but this one was so obvious that I can't feel sorry for anyone.
This scam is bigger their prices are huge and everyone tends to go with multiple accounts... easily in many many millions.........
This time people not donated for a CEO LAmbo instead BUGATTI's, YACHT's......
Extreme gut feeling trader
  • #44,199
  • Nov 7, 2024 12:02pm Nov 7, 2024 12:02pm
Quoting Capablanca
These guys (Fast Track Trading) were the ones paying more in Rise in the last week https://x.com/payoutjunction/status/1834217277836706228 I was looking into their offer and they don't charge monthly or additional fees and there in no challenge phase, it's instant fund. They have a trailing DD (EOD) of 5%. In an account of 150K that means a trailing of 7.500, for the price of $599. This is not sustainable IMO, even with the consistency rule of no more than 20% profits in a single day.
This was so evident. It was free money available for the first ones to jump into the ponzi. I must say I regret of not having milked this at that time.
  • #44,200
  • Nov 7, 2024 12:04pm Nov 7, 2024 12:04pm
Quoting montygoldy
{quote} Yes it really works.... Some examples - worst example. - nearly 4k spent on topstep (evals + activation fees) and only got 1 payout out of 12500$..... Now tradeify - nearly spent till now 2500$ in evals and aiming for 1 payout which will be 1500x7(10500$) On the other hand there is no harm in going slow..... if it works for you.... I know for sure i'll have those meltdown days where i revenge trade n lose it all....
Your risk is being banned for rinse and repeat so many accounts. Apart from that, you're doing the logic thing. Milk while they're around.
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