Prop Firm Hub | Page 2214 | 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

  • #44,261
  • Nov 8, 2024 8:39pm Nov 8, 2024 8:39pm
Quoting navk
{quote} what this firm has done is cheating. Regulation point of view, futures firms are secure unlike fx prop firm
yep but the thing is firms gonna start implementing stricter rules then people stop using futures firms. I am seeing a smaller youtubers moving to personal accounts… Money gonna start drying up and then sh@t hits the fan
Extreme gut feeling trader
  • #44,262
  • Nov 9, 2024 2:53am Nov 9, 2024 2:53am
Quoting OutThere
{quote} Yes this way with Darwinex one can get 95% profit share instead of props with 90%.
Care to explain why you would invest your own money and get 95 % return instead of just trading your own money and getting 100 %? And why you compare this to prop 90% profit share?

I see it better to get 90% profit share from other peoples money than 95% of my own money. Am I missing something?

You are joking, right?
  • #44,263
  • Nov 9, 2024 3:19am Nov 9, 2024 3:19am
Quoting kalastaja
{quote} Care to explain why you would invest your own money and get 95 % return instead of just trading your own money and getting 100 %? And why you compare this to prop 90% profit share? I see it better to get 90% profit share from other peoples money than 95% of my own money. Am I missing something? You are joking, right?
The track record is all about marketing.
You take a valid track record and go around show it to whoever and attract them to invest in you.
You don't have to but you can and some are doing it.
Instead of sitting on your account hoping for allocations and finding investors at darwinex, you can go looking for investors anywhere with it.

Thus you sweeten the pot with some investment.
Nobody said you have to go invest your entire life in your own trading.
$1000 would be nice.



So worked up some are about the 2% they can make per month and of that 2%, they going to miss out 5% of 2%.
Feeling really ripped off?
say $1000 earned 2% or $20.
Instead of $20 in your pocket, now you get $19 in your pocket because Darwinex took 5% or $1 from you.
You lose $1

So making your account look good isn't worth $1.

I see how much you value yourself.
At the end of the day, if you're not going to invest in yourself, then why do you expect others to?




On a side note,
Personally, if I invest my money tru darwinex on my own account, I will earn 4 times that if I traded it myself in my own account.
You need to think about that for a while.
  • #44,264
  • Nov 9, 2024 3:31am Nov 9, 2024 3:31am
Quoting OutThere
{quote} The track record is all about marketing. You take a valid track record and go around show it to whoever and attract them to invest in you. You don't have to but you can and some are doing it. Instead of sitting on your account hoping for allocations and finding investors at darwinex, you can go looking for investors anywhere with it. Thus you sweeten the pot with some investment. Nobody said you have to go invest your entire life in your own trading. $1000 would be nice. So worked up some are about the 2% they can make per month and of that...
All I really care is track record. I know if we are good enough, we will draw investor attention. Nobody really care that someone invest on you about 1000$.

Again, instead of 95% from darwinex zero with your own investment, you can just open Darwinex, the profit is all yours.
  • #44,265
  • Nov 9, 2024 3:33am Nov 9, 2024 3:33am
Quoting sheva89
{quote} All I really care is track record. I know if we are good enough, we will draw investor attention. Nobody really care that someone invest you about 1000$. Again, instead of 95% from darwinex zero with your own investment, you can just open Darwinex, the profit is all yours.
I never said you have to.
So chill out.
Your account is safe from your own consideration.
Especially with $1 incentive to stay away.
  • #44,266
  • Nov 9, 2024 4:24am Nov 9, 2024 4:24am
If I earn for example $1000 on Darwinex, then I have to have it paid to me at a cost and then take that money and at a cost deposit it at another broker to trade it.

Would be nice if there was a direct 'profit to investment in self' route within Darwinex...
It'd be worth the 5% lost.
Imagine 5% for cost of convenience. Sounds like a good deal to me.
I'd reinvest in myself till retirement.
I can't think of anyone better.

Think of the 5% you lose as cost of the risk engine assisting you. I pay 5% extra for a risk engine assisted trading environment.

But it'll never happen.


Ps, I can only have d-zero.
  • #44,267
  • Nov 9, 2024 4:47am Nov 9, 2024 4:47am
Hi all,

After passing 50k evals with Apex, they sent email for contract signing.

Am I to provide SIN number ( tax number ) where i live in ?

I am doing this with a futures firm for the first time.
Intraday only.
  • #44,268
  • Nov 9, 2024 4:58am Nov 9, 2024 4:58am
Quoting OutThere
If I earn for example $1000 on Darwinex, then I have to have it paid to me at a cost and then take that money and at a cost deposit it at another broker to trade it. Would be nice if there was a direct 'profit to investment in self' route within Darwinex... It'd be worth the 5% lost. Imagine 5% for cost of convenience. Sounds like a good deal to me. I'd reinvest in myself till retirement. I can't think of anyone better. Think of the 5% you lose as cost of the risk engine assisting you. I pay 5% extra for a risk engine...
I agree 5% is not a lot, especially at the start and it’s not worth going through all these steps you mentioned.

Too bad darwinex is not an option in your country. I’m thinking of migrating there, just trying to figure out whether Darwinex is also eligible to get permanent allocation.

At the end of the day, I’m glad we agree on Darwinex potential.
Cheers!
  • #44,269
  • Nov 9, 2024 5:06am Nov 9, 2024 5:06am
Quoting navk
Hi all, After passing 50k evals with Apex, they sent email for contract signing. Am I to provide SIN number ( tax number ) where i live in ? I am doing this with a futures firm for the first time.
ok,

It looks like i have to provide SIN number.

After doing this, I was able to sign the contract agreement.
Intraday only.
  • #44,270
  • Nov 9, 2024 9:16am Nov 9, 2024 9:16am
Quoting navk
{quote} Monty, you post now and then the profits made, payouts received, accounts blown. All are personal experience and i love those who share personal experience. it gives me opportunity to learn from your good and bad part. Now, what you do to eradicate bad experience ? IMO, 1. Reduce lot size. 2. Trade when you are awake 3. Trade maximum two accounts at a time. I learnt this trick once from cablej I totally forgot today is Friday. One of my friend from Scarborough reminded me by noon time. That helped me to close all platforms. Lol Having said...
Scarborough UK ?
  • #44,271
  • Nov 9, 2024 9:20am Nov 9, 2024 9:20am
Quoting MoHoSK
{quote} Scarborough UK ?
no.

my profile says where i live
Intraday only.
  • #44,272
  • Nov 9, 2024 9:40am Nov 9, 2024 9:40am
Is there any funded trader from UAE? Can we withdraw money from a prop firm to a bank in UAE?
  • #44,273
  • Nov 9, 2024 9:48am Nov 9, 2024 9:48am
Quoting rehmatkhan00
Is there any funded trader from UAE? Can we withdraw money from a prop firm to a bank in UAE?
Google "prop firms in UAE" and you get a list

I don't get it. The world has AI. Is it that hard to do the tiniest bit of research?

I get it, you're young and expect everyone to cater to your needs. Imagine wanting to know something when I was your age. It went something like this. Mom, do we have enough gas to drive our broken down station wagon to the library so I can search the card catalogue to try and find some obscure book which may or may not have the info in it on page 397?

My gosh. You can literally type a few letters and have pages of revelant answers to your question in 3 seconds
Pride always comes before destruction.... -Proverbs 16:18
  • #44,274
  • Edited 3:41pm Nov 9, 2024 9:52am | Edited 3:41pm
Quoting Expo33
{quote} Google "prop firms in UAE" and you get a list I don't get it. The world has AI. Is it that hard to do the tiniest bit of research?
I know about this thing but UAE has strict laws regarding transactions that exceed 2k 3k dollar limit. I was asking if someone has some personal experience here in Dubai.
  • #44,275
  • Nov 9, 2024 9:55am Nov 9, 2024 9:55am
Quoting Expo33
{quote} Google "prop firms in UAE" and you get a list I don't get it. The world has AI. Is it that hard to do the tiniest bit of research? I get it, you're young and expect everyone to cater to your needs. Imagine wanting to know something when I was your age. It went something like this. Mom, do we have enough gas to drive our broken down station wagon to the library so I can search the card catalogue to try and find some obscure book which may or may not have the info in it on page 397? My gosh. You can literally type a few letters and have pages...
anyway thanks brother for Scolding with some help
  • #44,276
  • Nov 9, 2024 2:35pm Nov 9, 2024 2:35pm
Some talk about Apex ;

Attached Image (click to enlarge)
Click to Enlarge Name: IMG_1591.jpeg Size: 375 KB
  • #44,277
  • Nov 9, 2024 3:27pm Nov 9, 2024 3:27pm
Quoting Stoneyrocks
Some talk about Apex ; {image}
It is somebody's experience and not your experience.

I will share my realtime personal experience in the days to come.

If I do mistake, and If i do not follow their rules, I can not blame it on Firm.

I am in that category, so, wait, i will share

Sofor, no issues until I pass evals
Intraday only.
  • #44,278
  • Nov 9, 2024 7:14pm Nov 9, 2024 7:14pm
Quoting rehmatkhan00
{quote} anyway thanks brother for Scolding with some help
No problem, it's what I do.

And it's not "brother". Sir or Colonel works. Thanks cupcake!

Amazing that a rich country like the UAE is worried about citizens withdrawing 2-3K.
Pride always comes before destruction.... -Proverbs 16:18
  • #44,279
  • Nov 10, 2024 1:49am Nov 10, 2024 1:49am
On a side note, Personally, if I invest my money tru darwinex on my own account, I will earn 4 times that if I traded it myself in my own account. You need to think about that for a while.[/quote]

I must admit I don’t understand how you you can earn 4 times more compared trading your own account?
  • #44,280
  • Nov 10, 2024 2:40am Nov 10, 2024 2:40am
Quoting kalastaja
On a side note, Personally, if I invest my money tru darwinex on my own account, I will earn 4 times that if I traded it myself in my own account. You need to think about that for a while.
I must admit I don’t understand how you you can earn 4 times more compared trading your own account?[/quote]




You have to use Darwinex to understand.
'Risk engine' caddy evaluates your trades and reduce or multiply your trades....bla bla
The rest up to you to figure out.
52 traders viewing now