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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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  • #44,381
  • Nov 14, 2024 8:34pm Nov 14, 2024 8:34pm
Quoting Capablanca
{quote} My personal opinion: 1. FTMO, 5ers, E8, City Traders Imperium, Audacity 2. Maven, Fintokei, Pit Trading 3. MFFx, Blue Risky: Aqua, ThinkCapital, Instant Funding, BlueBerry, ICFunded, FXIFY,Next, Funding Pips Avoid: Finotive, Goat Doubt: Pip Farm
what about alpha ???
Also Do you know if these firm still require video proofs to discuss the strategy if you are profitable like ftmo, 5ers etc... Been out for long may be I'll come out of retirement to milk'em.....
Extreme gut feeling trader
  • #44,382
  • Nov 14, 2024 10:48pm Nov 14, 2024 10:48pm
Inserted Video
Drawdown is more important than Account Size !
  • #44,383
  • Nov 14, 2024 11:10pm Nov 14, 2024 11:10pm
Alright Done for the day target hits.....

Only MFFU. 50kx3 - Only Aiming 600 a day max so atleast will be eligible for a payout soon.

1. 1st - Excluding today profits need to make 1500$ more to ask for a payout all thanks two DLL hit in this payout cycle.....
2. 2nd - Need bigger recovery i had three DLL so alteast 2500$ more to get to a payout.
3. 3rd - Day 2 for this accounts as i had a payout from this 2 days ago. So aiming for a 1200$ bag on wednesdays... only need to make 200-300$ now....

ALL THANKS TO DLL NOW I AM CONSISTENT THAN EVER.... FROM NOW ON DLL WILL BE ADDED ANY MORE ACCOUNTS I PURCHASE>
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Extreme gut feeling trader
  • #44,384
  • Edited Nov 15, 2024 1:04am Nov 14, 2024 11:21pm | Edited Nov 15, 2024 1:04am
Quoting Cj9
{quote} I have seen another one advertising on X launching soon. https://atfunded.com/ by ATFX. They seem to have a cool copytrading program but we will see what the full offering is
Thank you for the notification. I've added AT Funded to the list. There’s nothing groundbreaking in their offerings.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #44,385
  • Nov 14, 2024 11:38pm Nov 14, 2024 11:38pm
Quoting RoelsMajor
{quote} Thank you for the notification. I've added AT Funded to the list. There’s nothing groundbreaking in their offerings. {image} {image} {image}

Of the 6 broker backed props, regardless of cost, in what order would you rank them overall?
Exclude Atmos please for having time limit.
  • #44,386
  • Nov 14, 2024 11:50pm Nov 14, 2024 11:50pm
Quoting OutThere
{quote} Of the 6 broker backed props, regardless of cost, in what order would you rank them overall? Exclude Atmos please for having time limit.
So far, there’s no favorite firm unless they lower the profit target to 6% (Blueberry Funded and Nordic Funder). The time limit is not an issue, as long as it’s at least 30 days, and a minimum of 67% profit sharing is also acceptable. Losing $200 in a month if all criteria match is not a problem either. Setting up standards.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #44,387
  • Nov 15, 2024 12:04am Nov 15, 2024 12:04am
Quoting procrude
https://www.youtube.com/watch?v=_guSxwJcmiU
No wonder Apex are not game to have a chat section on their Discord.
Investment Trading
  • #44,388
  • Nov 15, 2024 12:06am Nov 15, 2024 12:06am
Quoting Doubla
{quote} No wonder Apex are not game to have a chat section on their Discord.
Have to doubt if their are any prop firms that can be trusted not to rort us
Investment Trading
  • #44,389
  • Nov 15, 2024 12:12am Nov 15, 2024 12:12am
Quoting Doubla
{quote} No wonder Apex are not game to have a chat section on their Discord.
There's usually more to the story.

Maybe he should email them and ask exactly what rule he violated and then put that response in the video.
Pride always comes before destruction.... -Proverbs 16:18
  • #44,390
  • Nov 15, 2024 12:28am Nov 15, 2024 12:28am
Quoting Doubla
{quote} No wonder Apex are not game to have a chat section on their Discord.
i still feel apex is good enough for now but a bit trickier with the new rules.. they are paying
Extreme gut feeling trader
  • #44,391
  • Nov 15, 2024 12:30am Nov 15, 2024 12:30am
Quoting Expo33
There's usually more to the story.
-Yes. He needs to show his trades, then the truth will be known. Anyone that truly believes that they did nothing wrong will not hesitate to prove their case.
  • #44,392
  • Nov 15, 2024 12:32am Nov 15, 2024 12:32am
Guys
Do you think Funding pips is any good
Please suggest me a Prop firm
I trade XAUUSD the most
Learning from every trade
  • #44,393
  • Nov 15, 2024 1:00am Nov 15, 2024 1:00am
Quoting RoelsMajor
{quote} So far, there’s no favorite firm unless they lower the profit target to 6% (Blueberry Funded and Nordic Funder). The time limit is not an issue, as long as it’s at least 30 days, and a minimum of 67% profit sharing is also acceptable. Losing $200 in a month if all criteria match is not a problem either. Setting up standards.
Is there any advantage in opening a live account with the brokers they're backed by?
  • #44,394
  • Edited 1:35am Nov 15, 2024 1:23am | Edited 1:35am
Quoting OutThere
{quote} Is there any advantage in opening a live account with the brokers they're backed by?
Opening a live account with any broker now comes with a clear risk: 100% of the deposited money is at stake. Perhaps one day, all traders will no longer trade in live accounts but instead in prop firms or broker-backed prop firms, due to the highly attractive reward-to-risk ratio.

Deposit $50k into a live account at any broker, and a single mistake costing you, say, 10% will wipe out $5k. Deposit just $200 with a prop firm or broker-backed prop firm, and a single mistake only risks losing $200.

In terms of profit, for example, if the average trader can only achieve 3% or 6% per month, then profit from a $50k live account would be $1,500 or $3,000, which remains at 3% or 6%. However, with a prop firm or broker-backed prop firm, the game offers a chance for explosive returns: a $200 fee (for a $50k account) could turn into $2,000 profit, meaning 10x or 900% profit.

Opening a demo (game) account with a firm backed by a broker, at least ensures their support in every aspect is far better compared to those not backed by a broker.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #44,395
  • Nov 15, 2024 2:35am Nov 15, 2024 2:35am
Quoting RoelsMajor
{quote} Thank you for the notification. I've added AT Funded to the list. There’s nothing groundbreaking in their offerings. {image} {image} {image} {image}
I dont know, i like the copy trading idea, especially with larger orgs. Think is going to do it as well, it has potential and is more interesting than the impossible virtual scaling nonsense.

The list is getting full with plenty of somewhat reliable options now.
  • #44,396
  • Nov 15, 2024 3:42am Nov 15, 2024 3:42am
Quoting Takisd
{quote} I dont know, i like the copy trading idea, especially with larger orgs. Think is going to do it as well, it has potential and is more interesting than the impossible virtual scaling nonsense. The list is getting full with plenty of somewhat reliable options now.
Is ATFX reliable?
  • #44,397
  • Nov 15, 2024 4:47am Nov 15, 2024 4:47am
Quoting Novazor
{quote} Is ATFX reliable?
I dont know them well, I think so but their main business is asia. Their competitors are exness, xm these types.
  • #44,398
  • Nov 15, 2024 5:19am Nov 15, 2024 5:19am
Quoting Takisd
{quote} I dont know them well, I think so but their main business is asia. Their competitors are exness, xm these types.
if they are like their competitors they are scum
  • #44,399
  • Nov 15, 2024 5:52am Nov 15, 2024 5:52am
Quoting Novazor
{quote} if they are like their competitors they are scum
Hahahaha, i dont think it is how it works. If you are competing in asia you have to operate this way because affiliate market is too strong. especially for china indonesia and malaysia. ATFX is mostly ex fxcm which is a decent reputation to have.
  • #44,400
  • Nov 15, 2024 6:16am Nov 15, 2024 6:16am
Quoting Cj9
{quote} Yeah I really like the rules, I managed to get mine passed yesterday and got the funded account today. The consistency rule for on demand payouts is the only thing I don't like, I was thinking probably need 3 days to get payout. How do you manage to get one everyday two days as you can't have 50% of your profit coming from one day?
Hit or exceed the profit cap for the day. Thinking back, it's possible I've just taken some small trades on Asia open to bump up the overall profit so it's not 50%.
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