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Anyone trading with a Prop firm 31 replies

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Prop Firm Hub

  • #13,141
  • Dec 26, 2022 3:54pm Dec 26, 2022 3:54pm
99 % of you on this forum can't trade and will never learn to trade.
  • #13,142
  • Dec 26, 2022 3:57pm Dec 26, 2022 3:57pm
Quoting wansiman
99 % of you on this forum can't trade and will never learn to trade.
and?
How to succeed in zero sum game?
  • #13,143
  • Dec 26, 2022 3:58pm Dec 26, 2022 3:58pm
Hello all! Hopefully you had great holidays

Does anyone have made calculations from how much capital Prop firms are not worth it anymore?

Thanks
How to succeed in zero sum game?
  • #13,144
  • Dec 26, 2022 4:27pm Dec 26, 2022 4:27pm
Quoting wansiman
99 % of you on this forum can't trade and will never learn to trade.
One more idiot ignored.
MetaTrader 4 - so many advantages.
  • #13,145
  • Edited 5:05pm Dec 26, 2022 4:35pm | Edited 5:05pm
Quoting dempire1
Hello all! Hopefully you had great holidays Does anyone have made calculations from how much capital Prop firms are not worth it anymore? Thanks
Not a dollar amount, but a time frame. Depending on the firm, if you invest the same "fee" into a personal account, hit the exact same % each month as the prop firm, between the 14th and 17 month, you can withdrawal the same amount of the profits from the personal as you were paid from the prop and be sitting with a personal account approx the same size as the prop account. Keep in mind, though, you CANNOT pull those profits from the personal account before then, as you need to keep compounding.
You can earn money along the way and still wind up with a personal account with no rules and 100% profit, by simply trading them alongside each other for about 18 months. Great thing is you will also still have the porp account to trade as well.
  • #13,146
  • Dec 26, 2022 6:58pm Dec 26, 2022 6:58pm
Quoting dempire1
Hello all! Hopefully you had great holidays Does anyone have made calculations from how much capital Prop firms are not worth it anymore? Thanks
You are probably the best person who can say what’s worth to you. ;-)
  • #13,147
  • Dec 27, 2022 6:09am Dec 27, 2022 6:09am
Does anyone what would be better choice at TFTP, Purple or 8cap regarding spreads/commissions?
  • #13,148
  • Dec 27, 2022 7:55am Dec 27, 2022 7:55am
All of these firms are NOT prop firms a real "prop" firm you dont give them money. They give you a salary and train you. Please stop calling these Challenge accounts prop firms !!!
  • #13,149
  • Dec 27, 2022 8:49am Dec 27, 2022 8:49am
Quoting fxValue
All of these firms are NOT prop firms a real "prop" firm you dont give them money. They give you a salary and train you. Please stop calling these Challenge accounts prop firms !!!
What difference does it make what we call them?
  • #13,150
  • Dec 27, 2022 8:57am Dec 27, 2022 8:57am
Quoting fxValue
All of these firms are NOT prop firms a real "prop" firm you dont give them money. They give you a salary and train you. Please stop calling these Challenge accounts prop firms !!!
Oh you mean like a job? Where I'd have to have a college degree and I'd have to sit in traffic to get to the office? That type of "real" firm?
Yeah, no thanks. I prefer this "non real" model.
  • #13,151
  • Dec 27, 2022 10:14am Dec 27, 2022 10:14am
In line with my earlier thinking, I signed up with TFF using discount code.

Another 500 to make.

May be in Asia , I would complete.
Attached Image (click to enlarge)
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Intraday only.
  • #13,152
  • Dec 27, 2022 10:20am Dec 27, 2022 10:20am
Quoting navk
In line with my earlier thinking, I signed up with TFF using discount code. Another 500 to make. May be in Asia , I would complete. {image}
Patience , patience
Looking forward.
Myself im getting ready to add few more accounts with ftmo and tff,
After Ny, or before,to grab that 10% discount ... lol
Best of luck
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #13,153
  • Edited 3:54pm Dec 27, 2022 2:18pm | Edited 3:54pm
Hey. What‘s the catch with firms like TFF or MFF promote to provide „unlimited retries“?

So far I’ve only tried FTMO when it comes to these prop trading firms but they only provide ONE such free retry (if account ends in profit but the target not reached).

However you then have to buy a new challenge fee in order to get a second chance.
  • #13,154
  • Dec 27, 2022 3:57pm Dec 27, 2022 3:57pm
Quoting lddd
Hey. What‘s the catch with firms like TFF or MFF promote to provide „unlimited retries“? So far I’ve only tried FTMO when it comes to these prop trading firms but they only provide ONE such free retry (if account ends in profit but the target not reached). However you then have to buy a new challenge fee in order to get a second chance.
Yes, they are unlimited. MFF will even give 2 14 day extensions(total 28 days) in lieu of unlimited retries. So, technically, MFF gives 58 days to make 8% stage 1, and 60 days for 5% in stage 2.
  • #13,155
  • Dec 27, 2022 4:53pm Dec 27, 2022 4:53pm
Quoting pipmaster77
{quote} Yes, they are unlimited. MFF will even give 2 14 day extensions(total 28 days) in lieu of unlimited retries. So, technically, MFF gives 58 days to make 8% stage 1, and 60 days for 5% in stage 2.
Thanks for your help. Interesting.
  • #13,156
  • Dec 27, 2022 5:41pm Dec 27, 2022 5:41pm
Quoting lddd
Hey. What‘s the catch with firms like TFF or MFF promote to provide „unlimited retries“? So far I’ve only tried FTMO when it comes to these prop trading firms but they only provide ONE such free retry (if account ends in profit but the target not reached). However you then have to buy a new challenge fee in order to get a second chance.
Hello,
well from my experience , there is no 'unlimited retries', correct me if im wrong someone,
But if in some of the stages your balance is in positive,but not reached the target , example you are in positive 2% from 8% on challenge 1, ftmo and tff (i work with them) they will give you full retry. But in only happened few times for me,so i did finish on second attempt . But never heard anything about unlimited retries
But to get things clear, if you looking for a catch, for some reasons, i could try to give you a hint or a answer from my side as a retail trader.
There was a time i used to deposit small and bigger deposits to brokers, and lucky me,i was profitable in long term, sometimes other wise, but still looking at my notebooks from 2010, yea, i still got them, ive done the maths, and im still in profits, But.
That was stressfuuuuul and ive putted alot, ALOT of hours of dedication ,work,homework, personal life, health into that to be able generate profits even sometimes 20 or more % from deposit monthly. Ive got some myfxb statements of personal achievements even of 100 and 468 % monthly returns, but... thats nothing comparing to what i found with prop firms for myself. Yes ,there is some bad days and good days, but ive found comfort and peace in myself trading with prop firms. In few words, i do not need to over trade and chase every personal signal i see and hedge it, i do not need to let my eyes bleed when im awake for more than 24 hours and etc and etc. I found a peace with prop firms, cause there are rules, but there are bigger depos to trade with, it gave me more confidence cause i dont chase trades anymore, i look for quality and i get even more in return then i was trading with my own money. After few whiskies ive done my best to explain it to you and i hope you get my message haha,
all the best and trade safe
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #13,157
  • Dec 27, 2022 6:35pm Dec 27, 2022 6:35pm
Quoting SkullCandy
After few whiskies ive done my best to explain it to you and i hope you get my message haha, all the best and trade safe
Yes, right. Thanks for your feedback. :-)
  • #13,158
  • Dec 27, 2022 7:57pm Dec 27, 2022 7:57pm
Quoting navk
In line with my earlier thinking, I signed up with TFF using discount code. Another 500 to make. May be in Asia , I would complete. {image}
As promissed, I completed in Asia. TFF- Phase 1
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Intraday only.
  • #13,159
  • Dec 27, 2022 8:37pm Dec 27, 2022 8:37pm
Quoting navk
In line with my earlier thinking, I signed up with TFF using discount code. Another 500 to make. May be in Asia , I would complete. {image}
Hi navk
TFF spread is good ? For day trader ?
  • #13,160
  • Dec 27, 2022 8:39pm Dec 27, 2022 8:39pm
Quoting HengkiTjen
{quote} Hi navk TFF spread is good ? For day trader ?
Spread is good, yes.
Intraday only.
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