Disliked{quote} Why bother ? The prop firms offer of this challenge has a score below 1, so own compounding on your own personal account is more favorable. This is kind of fraud only.Ignored
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
Disliked{quote} Why bother ? The prop firms offer of this challenge has a score below 1, so own compounding on your own personal account is more favorable. This is kind of fraud only.Ignored
Disliked{quote} i have no idea what that means. I was just looking for any traders who may have traded their moneyIgnored
Disliked{quote} you may wanna read whats been written here in this forum by him and others on how to score one of these firms. hes basically saying dont waste your time.Ignored
Disliked{quote} I have, and as I don't understand his workings out, I simply said/asked if anyone had bothered to trade with them.Ignored
Disliked{quote} I have, and as I don't understand his workings out, I simply said/asked if anyone had bothered to trade with them.Ignored
Disliked{quote}-Probably, you have your answer already. If you wait longer, maybe the answer will be the same. I have not heard anything about them nor recall anyone mentioning them here.Ignored
Disliked{quote} {image}This ranks all of the firms based on what you pay in fee vs. what you get as max loss. It takes into account the target vs. DD and compares against trading the "fee" and compounding on your own. The value demonstrates how much more you get with the firm vs. trading on your own. In other words, a value of 10 means for every $1,000 invested and meeting targets vs. DD allowed you have $10K DD, or 10x what you would have trading on your own and hitting same %, whereas a value under 1 simply means you are paying more to the firm than what...Ignored
Disliked{quote} After reading pages 400-450, I have a better understanding of what TrAndy1 created. It doesn't appear to work when I construct my own sheet using the equation. It's my bad math skills and poor Excel knowledge that are to blame. While I am interested in being more of a quant when it comes to evaluating online retail prop firms, trading other people's money and getting the extras that a real prop firm offers aren't part of this evaluation. It seems that the only way for someone like me to get to the firms I am interested in trading for is...Ignored
Disliked{quote} After reading pages 400-450, I have a better understanding of what TrAndy1 created. It doesn't appear to work when I construct my own sheet using the equation. It's my bad math skills and poor Excel knowledge that are to blame. While I am interested in being more of a quant when it comes to evaluating online retail prop firms, trading other people's money and getting the extras that a real prop firm offers aren't part of this evaluation. It seems that the only way for someone like me to get to the firms I am interested in trading for is...Ignored
Disliked{quote} The props you are looking to trade with require a degree and various forms of licensing. You more than likely need to trade at their physical location (not remote). You will need to follow their strategies as opposed to your own. At best, you get a 20-25% split. More power to you, but when comparing walking 10 steps from my bedroom to office, not needing any licenses and getting an 80-90% split, this is a no brainer for me.Ignored
Disliked{quote} The props you are looking to trade with require a degree and various forms of licensing. You more than likely need to trade at their physical location (not remote). You will need to follow their strategies as opposed to your own. At best, you get a 20-25% split. More power to you, but when comparing walking 10 steps from my bedroom to office, not needing any licenses and getting an 80-90% split, this is a no brainer for me.Ignored
DislikedFrom TFTP Discord: The following changes will be live on October 1st Standard Challenge Changes: - Payouts processing time changed from 3 days to 2 days - Time between phase 1 -> phase 2 changed from 36 hours to 24 hours - Minimum trading days changed from 5 days to 3 days - Drawdown Calculation changed from Balance to Equity or Balance - $25k Standard Challenge Account Available These changes will ONLY affect challenges purchased AFTER October 1! We look forward to bringing these improvements and enhancements which will improve...Ignored
Disliked{quote} After reading pages 400-450, I have a better understanding of what TrAndy1 created. It doesn't appear to work when I construct my own sheet using the equation. It's my bad math skills and poor Excel knowledge that are to blame. While I am interested in being more of a quant when it comes to evaluating online retail prop firms, trading other people's money and getting the extras that a real prop firm offers aren't part of this evaluation. It seems that the only way for someone like me to get to the firms I am interested in trading for is...Ignored