Prop Firm Hub

Yeah, that SRO is going to be run by CEO of Topstep.....huge conflict and I think most firms will not be in.

No, they took MT5 away from USA and I just burned it after trying Match Trader for a few weeks. Now, they do not accept USA at all.

Ah yes I vaguely remember that. Ok thanks.

Anime bubble tea.

Off topic again... On public demand providing more details on my asian session secret sauce.....

Disclaimer - I do not guarantee it'll work for you. These are just extra confirmations coz i am Price action + gut feeling trader.

This is my setup chart. It can be used on any instrument but gold works well coz of cleaner moves

Two indicators: - Easily can find on tradingview they are free......
1. Colored Sma/Ema (Big fat line between the candles)
2. Support/Resistance

Now add a limit order close to support/resistance + touching the ema/sma line (big fat line between the candles). I use 3 min candles for exact entries and 15min candles for support/restaince + touching the ema/sma line. Usually its a bounce area try to scalp 2$-3$ max move on gold after that is risky. Easily can find 2-3 setups in the asian session.

BEST THING IS ADD LIMIT ORDERS AT THOSE AREAS WITH TP N SL(MOST IMPORTANT) AND FORGET

What i figured is price will bounce at exact point 99% of the time and it wont overextend for the FIRST TIME. But as i said it is for scalping only coz when there is volatility it can easily invalidate these confluences.

Best time to find setups is between 9 and 10 pm (Canadian time) hourly candles

-Probably another prop firm.

Yes, for props I use something similar......daily pivots with anchored VWAP. Works well with the indices as well. I, too am gravitating towards grabbing some in Asia as it is less to have to get in NY. On my darwin and other accounts, I will hold longer, scale in/out, but for the props trying to be precise, in and out, 2-3 "base hits" per day.

you dont remember he invested in a mobile bubble tea truck?

lol, no I do not.

group changes ?

yes i notice random bing boing when my account changes its equity position between positive/negative.. When that happens the number of ticks changes.

Anybody with 50-200K USD and a WiFi connection could be running their own prop firm in about 4-6 weeks.

Secret Sauce in action - Took 2 trades both hit tp within minutes + minimal drawdown......

Specfiically check the first trade if i had held it for more thats a easy loss so as i said in main post aim for 2-3$ move only on GOLD thats a 90% hit......

Tell me there is a serious problem in this industry without telling it too explicitly or...

Ok so this is the third email of the kind I received this year.

In the case below,the problem is I only went long on Gold without prior analysis...Seriously? Yes!
Lunar...

Hello,

We regret to inform you that following an investigation into your trading activities, violations of FundedNext's trading policies have been identified, specifically concerning prohibited trading strategies outlined in our Terms of Service and FAQ.

Our review indicates that you have engaged in one-sided betting, a speculative and high-risk trading approach that disregards proper market analysis and prudent risk management practices. One-sided betting involves executing continuous buy or sell orders without due consideration of market conditions, technical analysis, or fundamental economic indicators. This practice contravenes FundedNext's guidelines due to its potential to lead to unfavorable risk-reward ratios and significant market instability.

Violations Noted:
One-Sided Betting: Your trading records demonstrate repeated instances of one-directional trading without the necessary analysis of market conditions. This approach, particularly during periods of heightened market volatility, directly violates FundedNext's prohibited trading practices and undermines our risk management policies.

Terms of Service Reference:

Section 2.1:
2.1. The Customer is prohibited from conducting trades that contravene the stipulations outlined in this section or the FAQ. Any trades that are in violation of these stipulations are strictly forbidden. The Customer must adhere to the rules and guidelines set forth in this section, as well as those established by the FAQ when utilizing the Services.

Section 2.1.7:
2.1.7. Performing trades that are inconsistent with typical forex or any other financial market operations is prohibited for the Customer. They should also avoid any activities that may cause financial or other harm to The Provider, such as over-leveraging, over-exposure, making one-sided bets, grid trading, tick scalping, or account rolling. Engaging in any of these activities may raise valid concerns about intentionally harming The Provider.

Regrettably, due to these severe breaches of our trading policies, we are compelled to terminate your FundedNext Account. This measure is essential to uphold the integrity, fairness, and transparency of our platform and ensure compliance with our regulatory commitments.

Unfortunately, this decision also results in a permanent restriction on your eligibility to purchase or hold any accounts with FundedNext in the future.

However, as per the FundedNext Brand Promise, which includes our commitment to 'Honor the Payout,' we will provide you with a one-time exception. You will receive a 40% payout from the last cycle. This decision aligns with our principle of respecting the time and effort the trader has invested up to the point of payout eligibility, as outlined in our brand promise.

We urge you to carefully review our Terms of Service and FAQ to fully understand the restrictions and guidelines that govern trading on our platform. If you have any questions or require further clarification, please do not hesitate to reach out to us.

Please refer to the attached evidence for your reference:
https://drive.google.com/file/d/1WsU...URvUO-uXA/view
https://drive.google.com/file/d/1-gg...Ha2mJ-H7d/view
https://drive.google.com/file/d/1jdr...e78_gFLcy/view

Nevertheless, it is with regret that we must inform you that you will no longer be eligible to purchase any accounts with FundedNext in the future. Your permanent termination from our platform aligns with our commitment to maintaining a fair and transparent trading environment for all our traders. Additionally, you will not be able to participate in the FundedNext Free Trial and Competition.

MUST READ – CONFIDENTIALITY & FAIR DEALING OBLIGATIONS:
https://drive.google.com/file/d/1El_...ISTeTrehk/view

FundedNext takes confidentiality and fair dealing very seriously to protect the integrity of our platform. Any breach of these obligations, including any actions or communications that harm FundedNext’s reputation or disclose confidential information, may lead to legal action to enforce compliance with our Agreement.

We appreciate your cooperation in upholding these commitments, as they are essential for fostering a fair and respectful trading environment.

Sincerely,
Isabella
FundedNext | Department of Trading Ethics & Standards

fundednext... not surprised....

Just wanted people to know FunderPro is a scam.

I lost around 2.7k on a 200k account with them on Monday and they're trying to claim I lost 15k. Breached my account and won't return it saying everything is correct.

There was no news and all my trades had a SL of 9 pips. Lost 2.7k as per in my Dash. However they saying my lowest equity was $176,652.00.

Meaning with my 12 lot position I had to have been slipped over 120 pips.... Yet I wasn't I was stopped out as I should have been for 9 pips.

They have zero brains, won't go look at the trades or the chart and go "ow yer that's not possible". Nope just a bug in their system and I'm banned and lost account. Actual retards working there.

Anyway I've got screenshots etc I can share if people have a decent Twitter that can spread the word. Fuck them

why do you say that?

As long as there is a conflict of interest, in which they are paying you from their pockets, which are generated from challenge fees........this will continue on and on and on.....if there is no actual live account where trader and firm are both profiting, interests are not aligned.......... then a profitable trader is a liabilty on the balance sheet, where someone paying challenge fees and not getting paid is an asset.
Basic business accounting common sense is assets are better than liabilities.

So what do they do if you accept? Try and get you into a confidentiality agreement?