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Anyone trading with a Prop firm 31 replies

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  • #18,041
  • Jul 18, 2023 11:48am Jul 18, 2023 11:48am
Quoting Astartes
Anyone know how long it takes roughly to receive contract after passing FTMO verification? Passed last week and haven't heard a peep. Thanks,
Mine was 2 business days, but that was 2020. Thinking it should be quicker now. Definitely not a week.
  • #18,042
  • Jul 18, 2023 12:56pm Jul 18, 2023 12:56pm
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  • #18,043
  • Jul 18, 2023 1:16pm Jul 18, 2023 1:16pm
Quoting TraderTero
{image}

Don't fly too close to the sun. spread out your accounts as much as you can. If you do too much damage you will be fired. That seems to be the game.
  • #18,044
  • Jul 18, 2023 1:34pm Jul 18, 2023 1:34pm
Quoting beastwork
{quote} Don't fly too close to the sun. spread out your accounts as much as you can. If you do too much damage you will be fired. That seems to be the game.
Exactly my mantra in these new companies. One account and small but steady payouts.
  • #18,045
  • Jul 18, 2023 1:38pm Jul 18, 2023 1:38pm
Although I'm not sure if I shouldn't hit them hard and finish the task quickly (I'm not joking - it's a dilemma)
  • #18,046
  • Jul 18, 2023 2:02pm Jul 18, 2023 2:02pm
avoid TFF ( trueforexfunds ) slippage over 2% on market roll over that breached the accounts i got, i had the same swing trades on going on other firms and they had no problems since it's impossible to have a slippage over 2% on GBP/NZD , more people on their discord server complained about the same thing, i emailed them and it's been 3 business days without an answer, the support said it takes 2 business days to get an answer, if they revert the trades as it should be i will change my opinion about TFF
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bored
  • #18,047
  • Jul 18, 2023 2:30pm Jul 18, 2023 2:30pm
Quoting redrhy
avoid TFF ( trueforexfunds ) slippage over 2% on market roll over that breached the accounts i got, i had the same swing trades on going on other firms and they had no problems since it's impossible to have a slippage over 2% on GBP/NZD , more people on their discord server complained about the same thing, i emailed them and it's been 3 business days without an answer, the support said it takes 2 business days to get an answer, if they revert the trades as it should be i will change my opinion about TFF {image} {image} {image}
The other day I was posting about slippage.....I almost included, "the folks complaining about slippage are the same ones complaining about the spread on GBP\NZD at rollover". How ironic someone actually just posted this.
  • #18,048
  • Jul 18, 2023 2:51pm Jul 18, 2023 2:51pm
Quoting pipmaster77
{quote} The other day I was posting about slippage.....I almost included, "the folks complaining about slippage are the same ones complaining about the spread on GBP\NZD at rollover". How ironic someone actually just posted this.
i am all aware about the slippage/spreads on these pairs and i've noticed in the worst case scenario it can be up to 0.50% at the market rollover, not 2% lmao
bored
  • #18,049
  • Jul 18, 2023 3:00pm Jul 18, 2023 3:00pm
Quoting pipmaster77
{quote} The other day I was posting about slippage.....I almost included, "the folks complaining about slippage are the same ones complaining about the spread on GBP\NZD at rollover". How ironic someone actually just posted this.
Yes man, its always NZD. Like todays g20 surprise on gold. "OMG SLIPPAGE ITS NOT MY FAULT". Yeh bro, its your fault you had too much size.
  • #18,050
  • Jul 18, 2023 3:11pm Jul 18, 2023 3:11pm
Quoting Takisd
{quote} Yes man, its always NZD. Like todays g20 surprise on gold. "OMG SLIPPAGE ITS NOT MY FAULT". Yeh bro, its your fault you had too much size.
you haven't even checked the screenshots it's basically 2% (400 pips) slippage on the PAIR
from 2.05208 (the price closed) to 2.09501 this is not real market condition
bored
  • #18,051
  • Jul 18, 2023 4:46pm Jul 18, 2023 4:46pm
Quoting ValerieHoch
{quote} I think that what TFF offers is great. They have great spreads, and now no minimum trading days and no time limit. That's great.
Because no one takes 30-days to blow an account EVER - there was no advantage there for the Prop firms, remove it and continue pretending to be the good guys there to actually help you...

You can fool some of the people some of the time...

It takes a lot for me to IGNORE you, but you can try.
  • #18,052
  • Jul 18, 2023 4:57pm Jul 18, 2023 4:57pm
Quoting redrhy
{quote} you haven't even checked the screenshots it's basically 2% (400 pips) slippage on the PAIR from 2.05208...
sure bro anything you say
  • #18,053
  • Jul 18, 2023 5:03pm Jul 18, 2023 5:03pm
Quoting pipmaster77
{quote} The other day I was posting about slippage.....I almost included, "the folks complaining about slippage are the same ones complaining about the spread on GBP\NZD at rollover". How ironic someone actually just posted this.
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There is a great, FREE, indicator that I use to monitor spreads all day long, really make you aware of the situation for hours after the new day starts.

Might change the way some people trade if they knew.

See this image for all details.

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It takes a lot for me to IGNORE you, but you can try.
  • #18,054
  • Jul 18, 2023 6:50pm Jul 18, 2023 6:50pm
I'll tell a "hyper secret insider tip" for newbies on how to best detect which Prop firms are legit in long run and serious and which are not.
Look for those who got the sensationalism marketing overhyped trick lords. Meaning those who must build up a hype usually using stats of
1. Paid payouts "which we can never verify if its true" ranking list with names.
2. Video interviews of traders "who made it" constantly marketing interviews with people to left and right. To give this idea in newbies you too can do it. Come on pay us. Only thug firms do this method.

Using this "insider secret" I noticed literally 98% of the prop firms forex and futures got filtered out. Those who I recall remained with decent marketing methods last I checked was MyFF, FTMO, Earn2Trade and some others unknown.
If they use thug marketing to attract customers then guess what. You can find out who they are by the fruit which they bear . It's up to you to take the short term risks with the thug prop firms. Sure they play a part at least they made the bigger prop firms introduce unlimited. Which will now help everyone to get funded who got issues with time limit before. . . In fantasy land of OZ.
  • #18,055
  • Jul 18, 2023 11:28pm Jul 18, 2023 11:28pm
I got this email DUMBproptrader. Apparently, they are having an epic Twitter contest voting thingy with MyFundedFX. Honestly, these kids give me so much entertainment.

"It's like David and Goliath". Um, no it's like two ants fighting over a particle of sand
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Pride always comes before destruction.... -Proverbs 16:18
  • #18,056
  • Jul 19, 2023 12:05am Jul 19, 2023 12:05am
Quoting Expo33
I got this email DUMBproptrader. Apparently, they are having an epic Twitter contest voting thingy with MyFundedFX. Honestly, these kids give me so much entertainment. "It's like David and Goliath". Um, no it's like two ants fighting over a particle of sand {image}
the owner of that prop is the guy who have a yt channel trade connect vvs right? i used to like that channel coz he review mff with transparency, he is also the same guy I am pertaining to that says he like the accelerated of mff coz of the scaling potential. is that prop firm bad?
  • #18,057
  • Jul 19, 2023 12:46am Jul 19, 2023 12:46am
Quoting Erebus
{quote} Here is a challenge and it won't cost you anything, do this on demo first before you even think about paying a prop firm. This does 2 things: you know that you can do it, and answers your question, how long does it take. Cheers, and good luck {image} {image}
reality is i don't have any verified working way or strategy to make profitable trades
first i make winning trade, then losing trade, then winning, then losing and all this mess up and finally go into drawdown
not able to come out of this.. feeling like i can never make in trading
any where price can go up, can go down, don't know the speed, don't know the pips movement, don't know where it stops or just go straight all the way
if we don't know anything and price can literally do anything any time then how can we build a system that works most of the time
feels... like all the years i have put in is all waste... i have just lost money and not made a single peeny... but because of me all brokers made money
  • #18,058
  • Jul 19, 2023 3:07am Jul 19, 2023 3:07am
Quoting redrhy
{quote} you haven't even checked the screenshots it's basically 2% (400 pips) slippage on the PAIR from 2.05208...
I think 400 pips it's too much. Anyway that is why I trade indeces mainly there is no spread widening like fx. Fx only day trading.
  • #18,059
  • Jul 19, 2023 3:08am Jul 19, 2023 3:08am
Quoting Expo33
I got this email DUMBproptrader. Apparently, they are having an epic Twitter contest voting thingy with MyFundedFX. Honestly, these kids give me so much entertainment. "It's like David and Goliath". Um, no it's like two ants fighting over a particle of sand {image}
Went to see who that was. It's Blake. Why I'm not surprised ?
  • #18,060
  • Jul 19, 2023 3:29am Jul 19, 2023 3:29am
Quoting labu
I'll tell a "hyper secret insider tip" for newbies on how to best detect which Prop firms are legit in long run and serious and which are not. Look for those who got the sensationalism marketing overhyped trick lords. Meaning those who must build up a hype usually using stats of 1. Paid payouts "which we can never verify if its true" ranking list with names. 2. Video interviews of traders "who made it" constantly marketing interviews with people to left and right. To give this idea in newbies you too can do it. Come on pay us. Only thug firms do...
both MFF and FTMO publish trader interviews and payouts all the time. your secret method yields results only because you weren't looking.
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