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Anyone trading with a Prop firm 31 replies

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  • #501
  • Apr 21, 2021 8:15am Apr 21, 2021 8:15am
Quoting Koop
{quote} 1:3 or 1:5 leverage with 4% DD? Better off trading your personal account with 1:200 and keeping all your profits IMO.
Yes leverage at those figures begs to trade ones own account unless it's very large capital.

Masterrmind ........
Master your Mind then Master your Trades
  • #502
  • Apr 21, 2021 11:11am Apr 21, 2021 11:11am
Quoting Saxio
{quote} because you are new here , I cannot send a PM , can you give me your email ?
I am trying to come up with a good way we can get into contact because like y said I am new and I can't Start threads/Send private messages
Like/Disle posts. So yeah

Maybe there is a public discord or something we could meet first? because I am not just gonna post my personal email on here
Hopefully fxfactory will see I'm serious soon, ive been using this website for years but only made an account this year

Do you have any suggestions??

Thx
  • #503
  • Apr 21, 2021 12:43pm Apr 21, 2021 12:43pm
If people want to get in contact off-site just post your facebook page
  • #504
  • Apr 21, 2021 12:46pm Apr 21, 2021 12:46pm
Quoting Mtinifx
If people want to get in contact off-site just post your facebook page
I can direct you to my lemonparty website.
  • #505
  • Apr 21, 2021 2:03pm Apr 21, 2021 2:03pm
I'm missing a very expensive cat. It responds to the name TE. Used to hang out at the top of this thread and now it's gone. Anyone seen it?
Attached Image (click to enlarge)
Click to Enlarge Name: Missing TE.jpg Size: 52 KB
  • #506
  • Apr 21, 2021 2:06pm Apr 21, 2021 2:06pm
Quoting Basill
Here's another one that looks interesting. https://www.audacitycapital.co.uk/thank-you-ftp/ 10% DD allowable. NO "Daily" DD BS rule. Only 50/50 split though. NO BS overnight & weekend no trade rule. Food for thought.
I tried with them last year, very large spreads for me as a scalper ... for example, about 30 pips on GBPUSD, the call failed.
For those who have a strategy on H4 or D1 candles, it may be suitable.
sorry for my English, using google translator.
  • #507
  • Apr 21, 2021 2:19pm Apr 21, 2021 2:19pm
Quoting LoveScalping
{quote} I tried with them last year, very large spreads for me as a scalper ... for example, about 30 pips on GBPUSD, the call failed. For those who have a strategy on H4 or D1 candles, it may be suitable.
Wait what? 30 pips or 3.0 pips?
  • #508
  • Apr 21, 2021 3:48pm Apr 21, 2021 3:48pm
Quoting Takisd
{quote} I can direct you to my lemonparty website.
Yep - maybe not such a good idea having the weirdos on these boards knowing one's personal Facebook page
  • #509
  • Apr 21, 2021 4:32pm Apr 21, 2021 4:32pm
Quoting Mtinifx
{quote} Yep - maybe not such a good idea having the weirdos on these boards knowing one's personal Facebook page
you took the bait, you know what lemonparty is... Come, join us.
  • #510
  • Apr 21, 2021 6:27pm Apr 21, 2021 6:27pm
Quoting OutThere
I'm missing a very expensive cat. It responds to the name TE. Used to hang out at the top of this thread and now it's gone. Anyone seen it? {image}
That's funny!

Actually, I've never really understood why people would put up a TE, especially when they're taking a challenge with any prop firm. The sheer pressure--I mean, trading is stressful enough, ain't it?
Amor Fati--F. Nietzsche
  • #511
  • Apr 21, 2021 6:47pm Apr 21, 2021 6:47pm
Quoting Koop
{quote} Wait what? 30 pips or 3.0 pips?
Either way, too high. FTMO is 0.2 right now and this is Asia session.
  • #512
  • Apr 21, 2021 6:49pm Apr 21, 2021 6:49pm
Quoting doji
{quote} That's funny! Actually, I've never really understood why people would put up a TE, especially when they're taking a challenge with any prop firm. The sheer pressure--I mean, trading is stressful enough, ain't it?
Sure is, been there, done that. Right, OutThere?
  • #513
  • Apr 21, 2021 7:14pm Apr 21, 2021 7:14pm
Yes I agree. It is nice tho if/when things turn out great.
  • #514
  • Apr 21, 2021 7:49pm Apr 21, 2021 7:49pm
Quoting pipmaster77
{quote} Either way, too high. FTMO is 0.2 right now and this is Asia session.
nah, maybe these were spreads from last year . i am live with them now and GU is now 0.9 to 1 pip. During london/ny it's around 0.6-0.8 pip (commission and swap free). I won't write more about this company because i want to test them and then i will leave some feedback here (regardless of my performance).. now i'm in 'challange' mode.
Attached Image
  • #515
  • Apr 21, 2021 8:29pm Apr 21, 2021 8:29pm
Quoting Miksiu
{quote} nah, maybe these were spreads from last year . i am live with them now and GU is now 0.9 to 1 pip. During london/ny it's around 0.6-0.8 pip (commission and swap free). I won't write more about this company because i want to test them and then i will leave some feedback here (regardless of my performance).. now i'm in 'challange' mode. {image}
Good luck.
Mind sharing why you chose them? I really don't see any up sides.
Maybe longevity?

Edit- you're talking about Audacity right?
  • #516
  • Edited 1:41am Apr 22, 2021 1:28am | Edited 1:41am
Quoting Koop
{quote} Wait what? 30 pips or 3.0 pips?
i mean like price : ask - 1.39300 bid - 1.39330 its 30 pips or not?

There was also a problem that on the chart the difference between ask and bid was visually around 20 pips, but in reality it was about 30, the first time I saw this at all, it was very difficult to work with such conditions.

I also need to write that this was my first call to a prop company in my life and I paid something about 250 pounds or a little more for this attempt ..

upd.. 298 pounds so much
sorry for my English, using google translator.
  • #517
  • Apr 22, 2021 1:52am Apr 22, 2021 1:52am
Quoting LoveScalping
{quote} i mean like price : ask - 1.39300 bid - 1.39330 its 30 pips or not? There was also a problem that on the chart the difference between ask and bid was visually around 20 pips, but in reality it was about 30, the first time I saw this at all, it was very difficult to work with such conditions. I also need to write that this was my first call to a prop company in my life and I paid something about 250 pounds or a little more for this attempt .. upd.. 298 pounds so much
Oh that's 3 pips. Those 5 decimal quotes can be confusing.

Lol did they call you over the phone for the "interview"? And make you feel special
  • #518
  • Apr 22, 2021 2:10am Apr 22, 2021 2:10am
Quoting Koop
{quote} Oh that's 3 pips. Those 5 decimal quotes can be confusing. Lol did they call you over the phone for the "interview"? And make you feel special
Yes, there was a short Skype interview, and the first time I was denied access because there was no statement from a real account confirming trading skills, a few months later I provided a statement that was suitable for their requirements.
sorry for my English, using google translator.
  • #519
  • Apr 22, 2021 2:11am Apr 22, 2021 2:11am
Yesterday I managed to pass the first part of my FTMO challenge and respected all trade objectives.

I am not gonna lie the fact that you are going through a so called "challenge" does put a little bit of extra stress on your mind.
After reviewing my trades I definitely took some that would normally not.
Mainly at the start

I hope I can start the second phase (Verification) of my challenge soon.
So far I am still very satisfied with how FTMO has arranged the whole system, everything works smooth and fast.

I will keep you guys updated if you want to follow my progress?

As soon as I get 3 FTMO accounts funded I would definitely be willing to try different prop firms by suggestions off this thread

Here you can see how i did: https://trader.ftmo.com/metrix?share=d92cdde88a3f

Have a nice day!!
  • #520
  • Apr 22, 2021 2:19am Apr 22, 2021 2:19am
Quoting J3roM
Yesterday I managed to pass the first part of my FTMO challenge and respected all trade objectives. I am not gonna lie the fact that you are going through a so called "challenge" does put a little bit of extra stress on your mind. After reviewing my trades I definitely took some that would normally not. Mainly at the start I hope I can start the second phase (Verification) of my challenge soon. So far I am still very satisfied with how FTMO has arranged the whole system, everything works smooth and fast. I will keep you guys updated...
Congratulations) I think during today you will get access to your account with verification, I wish you success in completing it
sorry for my English, using google translator.
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