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  • #48,301
  • Apr 18, 2025 12:13pm Apr 18, 2025 12:13pm
I also see a constantly decreasing cost of all evaluation offers from basically all prop firms.
this, as an experienced commercial, sounds like “we ran out of liquidity, and seeking for new customers” thing.
I am probably wrong, not knowing the actual whole numbers behind the industry, but looks really like a run to catch more people since probably less are interested having already blown a lot of money….

look, I was looking for an accountant here in my Region (at least). Found no one knowing a shit about prop firm and prop trading.
Nearest one is in another region, 350 km from here!
and found it after a google research.

so I wonder…. How many people here in my country actually are profitable with prop trading? That much to need an accountant?
literally 1 out of 10 millions

just saying, this business could explode in next years, I hope so of course.
but could easily implode!
90% of traders use TA, indicators and prediction
  • #48,302
  • Apr 18, 2025 12:29pm Apr 18, 2025 12:29pm
Quoting montygoldy
FFF DECLARED THEIR LIVE ACCOUNTS… All hail an another challenge on live accounts… ** FFF LIVE IS HERE — THE GAME JUST CHANGED ** Welcome to the most advanced live trading program in the prop firm space. We’re not here to restrict you — we’re here to help you SCALE. Other firms tighten rules at the live stage. At FFF, live means real freedom, real flexibility, and real upside. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━...
FFF ?
  • #48,303
  • Apr 18, 2025 12:44pm Apr 18, 2025 12:44pm
Quoting _BBKing_
I also see a constantly decreasing cost of all evaluation offers from basically all prop firms. this, as an experienced commercial, sounds like “we ran out of liquidity, and seeking for new customers” thing. I am probably wrong, not knowing the actual whole numbers behind the industry, but looks really like a run to catch more people since probably less are interested having already blown a lot of money…. look, I was looking for an accountant here in my Region (at least). Found no one knowing a shit about prop firm and prop trading. Nearest one...
you are correct. The volatility is leading to a shortage of $ so companies are trying to make that up now. If you note a lot of companies are slowing down payouts, like blueguardian. This is because they need new in to pay out.
  • #48,304
  • Apr 18, 2025 1:04pm Apr 18, 2025 1:04pm
Quoting Capablanca
And when they move people to live:
1. They only make 10%
2. We know most of the traders are losers and making 10% means they would need to have 9 out of 10 traders winning to break even
-Do any of these props actually back traders with their own capital on live? It is my understanding that most, if not all, of these firms use the trader's would-be profits as their balance on live.

I cannot understand why any trader would elect to do that unless they are not given the choice to simply withdraw their profits, which should be criminal, in my opinion. I suppose that firms likely stipulate that if a trader chooses not to go live, then they are no longer allowed to purchase new accounts through them.

As been mentioned, such a scheme is likely their way of mitigating risk against consistently-profitable traders. I tend to agree with that sentiment. Although, when I look at some of these youtubers that are pulling 600k+ out of these firms over many months, on simulated accounts, then that hardly seems fair.

I guess, for those that are wanting long-term security with these firms, then becoming a youtuber/affiliate seems like the golden ticket.
  • #48,305
  • Apr 18, 2025 2:22pm Apr 18, 2025 2:22pm
Quoting Nsak3y
{quote}-Do any of these props actually back traders with their own capital on live? It is my understanding that most, if not all, of these firms use the trader's would-be profits as their balance on live. I cannot understand why any trader would elect to do that unless they are not given the choice to simply withdraw their profits, which should be criminal, in my opinion. I suppose that firms likely stipulate that if a trader chooses not to go live, then they are no longer allowed to purchase new accounts through them. As been mentioned, such a...
A very large number of the people on youtube, x and instagram are paid affilaites with fake accounts. This fact appeared in the apex dispute.
  • #48,306
  • Apr 18, 2025 2:56pm Apr 18, 2025 2:56pm
Latest on TakeProfitTrader issue:

Quote
Our Service Delivery team will review your test within 24 hours, and we will notify you of our decision via email. If your test is approved, the next steps are as follows:

  1. A one-time $130 PRO account setup fee will apply. However, instead of paying this fee directly, our team will add an activation credit to your credit bank as part of the NOFEE40 PROMO, allowing you to use the credit toward this fee.
  2. You will need to sign the PRO Trader contract and POA Contract to finalize your account setup.

Once...


Though it is not clear, why they will be reviewing again after sending the pass certificate, PRO Trader contract and POA Contract, it is still something after this much delay.
I already signed the POA Contract, only the PRO trader contract has issue which SignNow(docusign like company) says it is cancelled.

Let us see what happens next week. Hopefully I get the PRO account.
  • #48,307
  • Apr 18, 2025 3:14pm Apr 18, 2025 3:14pm
Quoting Takisd
{quote} A very large number of the people on youtube, x and instagram are paid affilaites with fake accounts. This fact appeared in the apex dispute.
yes, seems like it... there are also another set of people, who are mostly affiliates, promoting/selling trading system by charging $500/month to trade these prop firm accounts which is another revenue stream for them.
  • #48,308
  • Apr 18, 2025 5:25pm Apr 18, 2025 5:25pm
Quoting Stoneyrocks
{quote} FFF ?
fundedfuturesfamily
Extreme gut feeling trader
  • #48,309
  • Apr 18, 2025 5:29pm Apr 18, 2025 5:29pm
Quoting TU2023
{quote} yes, seems like it... there are also another set of people, who are mostly affiliates, promoting/selling trading system by charging $500/month to trade these prop firm accounts which is another revenue stream for them.
yep but i only believe the live stream traders who do live trade calls like patrick…nuttybar and alpinetrader for entertainment purpose only
Extreme gut feeling trader
  • #48,311
  • Edited 5:10pm Apr 19, 2025 8:24am | Edited 5:10pm
Quoting maltrader
Hidden
I heard of legend trading but not sure of their legetimacy.

For now, I am only with :

Bluguardian ( Guardian plan)
Topstep ( All plans )
Tradeify ( Growth plan and STF plan )
and
MFFU. ( All plans )

I have been cheated enough by firms not so familiar in the past.

Going for cheap evals, not a good idea IMO.
Intraday only.
  • #48,312
  • Apr 19, 2025 8:58am Apr 19, 2025 8:58am
Quoting navk
{quote} I heard of legend trading but not sure of their legetimacy. For now, I am only with : Bluguardian Topstep Tradeify and MFFU. I have been cheated enough by firms not so familiar in the past. Going for cheap evals, not a good idea IMO.
Legends trading appears pretty legit, CEO has/had a brokerage and they aim to get traders to live. If one is looking for long term with these firms, there needs to be tremendous benefits for the trader to go live. As Nsak3y has stated, simly moving a trader's ALREADY earned profits to live without the option to withdrawal them should be considered a crime.

Inserted Video
  • #48,313
  • Apr 19, 2025 9:34am Apr 19, 2025 9:34am
Quoting pipmaster77
{quote} Legends trading appears pretty legit, CEO has/had a brokerage and they aim to get traders to live. If one is looking for long term with these firms, there needs to be tremendous benefits for the trader to go live. As Nsak3y has stated, simly moving a trader's ALREADY earned profits to live without the option to withdrawal them should be considered a crime. https://www.youtube.com/watch?v=iqWdSAwRJeY&t=1837s
Just the look of that guy makes me say no thanks. If I make a profit he might make me sleep with the fishes.
  • #48,314
  • Apr 19, 2025 9:45am Apr 19, 2025 9:45am
Quoting Takisd
{quote} Just the look of that guy makes me say no thanks. If I make a profit he might make me sleep with the fishes.
true
  • #48,315
  • Edited 11:54am Apr 19, 2025 10:07am | Edited 11:54am
Quoting pipmaster77
{quote} Not denying the fact they pay. They are just like all the others in the fact they rely on fees and a winning trader is a liability. I know most here hate hearing it, but Darwinex is truly the only fudning I know of where one can trade remote and it's real money....for that benefit of no conflict of interest and the security of trading with an actual broker.....you earn 15% instead of 90%. The argument is time and how long it takes to earn substantial income with Darwinex, but if you are trading normally risking 1% or less per trade, you...
IMO,

It is not a bad idea to go for STF model.

Bit expensive.
But, one advantage is no eval. You pay for it.

Now, how to deal with eval EOD model, intraday model, STF model :

Intraday model :

It needs extra skill to deal with loss limit breach.

For example, 150k acc,

Intraday loss is 4500.

I would try to do 500 to 700 in a day with 4500 loss limit.

I would do only one trade a day.... with strict dicipline. I would follow 5 : 1 approach.

4500 floating loss should give me 900.

If i aim 500, the max floating loss should not be 2500.

Keep in mind, only one trade.

Why 1 trade ? Why booking profit is so important ? A profit of 500 seen by you, if not bokked, can reverse and hit 4500.

I lost quite a few evals failed due to not booking profit of 500/600/700 or so in a day.
After booking 500/600/700 profit, call it a day. REPeat the same in the next days, until you reach 9000 profit target.

EOD model :

One has flexibility in this model.

DLL 3750.
MLL 5000.

With 3750, try o make 5 : 1 loss / profit.

If your folating went upto 3000, profit ensure you make 600.

Close the profit and be done for the day.

STF Model :

Here you have more flexibility.

The EOD DLL is 3750

MLL is 6000

You make daily 300 ( enough ). Making 300 out of 3750 is possible, I guess.

300 x 30 trading days, 9000. You can withdraw 3000.

The difference between EOD and STF is only time needed to pass eval. which may be 20 days.

I would accept both EOD model and STF model. Both almost same. Depends if one is willing to pay more for STF model.

But, having said,

Trading method and trading strategy and techniques are so important, without this any model will fail.
Intraday only.
  • #48,316
  • Apr 19, 2025 10:13am Apr 19, 2025 10:13am
Quoting pipmaster77
{quote} Legends trading appears pretty legit, CEO has/had a brokerage and they aim to get traders to live. If one is looking for long term with these firms, there needs to be tremendous benefits for the trader to go live. As Nsak3y has stated, simly moving a trader's ALREADY earned profits to live without the option to withdrawal them should be considered a crime. https://www.youtube.com/watch?v=iqWdSAwRJeY&t=1837s

yep, I know Greg from Globalfutures where I had an account
  • #48,317
  • Apr 19, 2025 6:09pm Apr 19, 2025 6:09pm
Quoting Takisd
{quote} Just the look of that guy makes me say no thanks. If I make a profit he might make me sleep with the fishes.
Your comment made me to look at the video.

Having cheated by two prop firms, namely ticktick and futures elite, I just wish to know Waht you believe in what as a good and honest prop firm ?

I have come across a neat " Coat suit" team of guys who running the prop firms are cheaters.

On the other hand, a clear buisness minded person like MFF ( FX Prop firm ) has been destroyed by regulators.

We, most here as traders have been paid by MFF.

Who is honest and who is dishonest ?

We have come across so many cheating firms in prop industry. In the last 2 years.
Intraday only.
  • #48,318
  • Apr 19, 2025 7:07pm Apr 19, 2025 7:07pm
Question about aqua futures. Is the maximum drawdown EOD balance based?

Their article says it is real-time trailing.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20250420_080137.jpg Size: 727 KB


Another article says it is EOD.
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20250420_080310.jpg Size: 213 KB



Also, didn't realise Blue Guardian's daily drawdown was intraday trailing. Coupled with the fact that breaching it means your account is terminated, you're on a really tight leash until you can build a buffer above initial drawdown amount.
  • #48,319
  • Edited 8:43pm Apr 19, 2025 7:19pm | Edited 8:43pm
Quoting maltrader
Question about aqua futures. Is the maximum drawdown EOD balance based? Their article says it is real-time trailing.{image} Another article says it is EOD. {image} Also, didn't realise Blue Guardian's daily drawdown was intraday trailing. Coupled with the fact that breaching it means your account is terminated, you're on a really tight leash until you can build a buffer above initial drawdown amount.
go for blueguardian futures guardian plan
Intraday only.
  • #48,320
  • Apr 19, 2025 8:26pm Apr 19, 2025 8:26pm
Quoting maltrader
Hidden
Reason being is we are already busy with top 8-10 futures firms never get the chance to look into them…. Only way to gain my attraction is cheap as hell eval pricing like blueguardian or aqua…
Extreme gut feeling trader
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NovemberMan