Prop Firm Hub | Page 906 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
Exit Attachments

Prop Firm Hub

  • #18,101
  • Jul 20, 2023 8:32am Jul 20, 2023 8:32am
What I see is that in prop firm marketplace if you prove something you're a liar or scammer and need to die. That appears to be the way but if you are a 26 yr old no chin mouth breather, the world calls you transparent despite not actually showing anything at all.
  • #18,102
  • Jul 20, 2023 8:40am Jul 20, 2023 8:40am
Quoting Takisd
What I see is that in prop firm marketplace if you prove something you're a liar or scammer and need to die.
-Darned if you do, darned if you don't. Even when proof of something is given, there are still some people that will remain skeptical (or delusional). No matter what you do in life or how well you do it, there will always be critics.
  • #18,103
  • Jul 20, 2023 10:00am Jul 20, 2023 10:00am
Quoting Nsak3y
{quote}-Darned if you do, darned if you don't. Even when proof of something is given, there are still some people that will remain skeptical (or delusional). No matter what you do in life or how well you do it, there will always be critics.
The kids of these days sure do love tearing people down.
  • #18,104
  • Jul 20, 2023 10:13am Jul 20, 2023 10:13am
Quoting pipmaster77
{quote} Right. The question that I always ask myself is, "Would these folks be doing this on their own account?" Let's say you have 100K with MFF, so 12 % max loss, 12K....if you had a 12K personal account....would you be all-in on the news hoping to get lucky? The key is all-in and lucky. I don't intentionally trade the news, but I may have a position on when news hits, doesn't matter, as I am never all-in. I usually reduce my size prior to news EVEN IF I believe it is going to be in my favor. I was short EURAUD last night, cut it in half 30 min...
On the other side, firms say they don't like gamblers but, Mate Pip, you seem a nice guy. Take a 100K account with 1:100 leverage so that you can buy 10M of sh*t.
So 10M out of a 10K DD. It's in fact it's a 1:1000 leverage but, Hey, we don't like gamblers here. Behave yourself.
  • #18,105
  • Jul 20, 2023 10:28am Jul 20, 2023 10:28am
Quoting Capablanca
{quote} On the other side, firms say they don't like gamblers but, Mate Pip, you seem a nice guy. Take a 100K account with 1:100 leverage so that you can buy 10M of sh*t. So 10M out of a 10K DD. It's in fact it's a 1:1000 leverage but, Hey, we don't like gamblers here. Behave yourself.
Right. That is exactly what it is......not 100K at100:1, but 10K at 1000:1. I use, at most, usually 20:1 on the DD, so 2:1 on the balance. I have recently taken a % of funding from each firm and am running 3 risk models, so I will be upping the risk on a % of capital, the medium and low risk models will never be blown accounts. The high one should be fine also, but can be replaced if need be.
  • #18,106
  • Jul 20, 2023 10:29am Jul 20, 2023 10:29am
Please somebody tell me this... max intial loss recorded... what does that means?? seems that 25,000 will cross easily if it crossed almost 50% in just 3 days
1st day = 3,469 profit
2nd day = 10,887 loss
3rd day = 7,887 profit
Now account is standing is almost breakeven @ 2,50,000
I want to pass it at any cost
Basically it has 60 calendar days for phase 1, almost 40 trading days
But seeing this MAX INITIAL LOSS RECORDED.. I am fearing.. actually i am not able to understand it.. or it just not updated ??
Attached Image(s) (click to enlarge)
Click to Enlarge Name: how to pass.jpg Size: 221 KB
Click to Enlarge Name: 17th july.jpg Size: 150 KB
Click to Enlarge Name: 18 july history.jpg Size: 152 KB
Click to Enlarge Name: 20 july history.jpg Size: 156 KB
  • #18,107
  • Jul 20, 2023 10:33am Jul 20, 2023 10:33am
Quoting genuine007
Please somebody tell me this... max intial loss recorded... what does that means?? seems that 25,000 will cross easily if it crossed almost 50% in just 3 days 1st day = 3,469 profit 2nd day = 10,887 loss 3rd day = 7,887 profit Now account is standing is almost breakeven @ 2,50,000 I want to pass it at any cost Basically it has 60 calendar days for phase 1, almost 40 trading days But seeing this MAX INITIAL LOSS RECORDED.. I am fearing.. actually i am not able to understand it.. or it just not updated ?? {image} {image} {image} {image}
It is just telling you the max you have reached. So you have 25K max loss, the m ost you were ever at was 11,700. If you are at BE, then you are sitting at 0 max loss currently.
  • #18,108
  • Jul 20, 2023 10:48am Jul 20, 2023 10:48am
MFF I am doing trading from last 22 days still not able to pass it because of losing again and again if it not got unlimited i would have failed it or applied for 14 days extension. thanks to unlimited time now

TFF this is the best account worked out for me. able to achieve really good results

TFT i failed this account really very fast and i failed it on yesterday or last day news
Attached Image(s) (click to enlarge)
Click to Enlarge Name: my forex funds.jpg Size: 253 KB
Click to Enlarge Name: true forex funss.jpg Size: 159 KB
Click to Enlarge Name: the funded trader breached.jpg Size: 191 KB
  • #18,109
  • Jul 20, 2023 11:07am Jul 20, 2023 11:07am
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2926.png Size: 448 KB
  • #18,110
  • Jul 20, 2023 11:16am Jul 20, 2023 11:16am
Quoting Boulder
{image}
thank you, lovely angel!
Muni loves you all!
  • #18,111
  • Jul 20, 2023 12:11pm Jul 20, 2023 12:11pm
Quoting Takisd
{quote} The kids of these days sure do love tearing people down.
And yet they still have plenty of time to publicly pat themselves on the back. Be like Matt.
Attached Image (click to enlarge)
Click to Enlarge Name: matt.jpg Size: 39 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #18,112
  • Jul 20, 2023 12:28pm Jul 20, 2023 12:28pm
Quoting Expo33
{quote} And yet they still have plenty of time to publicly pat themselves on the back. Be like Matt. {image}
He will definitely beat Madoff, in age, for a large margin
  • #18,113
  • Jul 20, 2023 12:48pm Jul 20, 2023 12:48pm
Quoting Capablanca
{quote} He will definitely beat Madoff, in age, for a large margin
Personally I like how he has never seen the sun before.
  • #18,114
  • Edited 2:28pm Jul 20, 2023 1:57pm | Edited 2:28pm
I know quite a few traders here don't like MFFX. I want to make a comment about MFFX to be fair.
I like MFFX, they pay fast. I think they are the first one who started no time limits, which is benefitial for us traders.
I have gotten 7 payments from them since May, more is coming. I am happy with their platiform and service.
I didn't have much spread issue since I only traded EurUsd using 8 cap.
Attached Image (click to enlarge)
Click to Enlarge Name: _1.png Size: 27 KB
  • #18,115
  • Jul 20, 2023 2:11pm Jul 20, 2023 2:11pm
Quoting Boulder
I know quite a few traders here don't like MFFX. I want to make comment about MFFX to be fair. I like MFFX, they pay fast. I think they are the first one who started no time limits, which is benefitial for us traders. I have gotten 7 payments from them since May, more is coming. I am happy with their platiform and service. I didn't have much spread issue since I only traded EurUsd using 8 cap. {image}
Some here mentioned that apart from FTMO and MFF, then accounts at around 10k seems to fly below their radars with smaller prop firms and so they give payouts usually. As many reported banned or blocked payouts on the 100k or 200k with smaller prop firms. So it's always good to know which account level they do give payouts at.

But judge the tree by its fruit. Be careful.
  • #18,116
  • Jul 20, 2023 2:19pm Jul 20, 2023 2:19pm
Quoting labu
{quote} Some here mentioned that apart from FTMO and MFF, then accounts at around 10k seems to fly below their radars with smaller prop firms and so they give payouts usually. As many reported banned or blocked payouts on the 100k or 200k with smaller prop firms. So it's always good to know which account level they do give payouts at. But judge the tree by its fruit. Be careful.
My are 100k MFFX accounts ,,,
  • #18,117
  • Jul 20, 2023 2:58pm Jul 20, 2023 2:58pm
Quoting Boulder
{quote} My are 100k MFFX accounts ,,,
Seen no complaints regarding these chaps paying out. Their FF thread is here. New programme as well and no time limit
https://www.forexfactory.com/thread/...rogram?page=88

This firm also pays out no problem

https://www.fundedtradingplus.com/?g...RoC9jMQAvD_BwE

Now watch the haters turn up because I keep mentioning these firms and will continue to do so. But check them out yourself since you are bright enough to form your own opinion rather than follow "influencers" or those that shout a lot if you dare disagree with them. Any updates on these firms and I will post them here.
Good luck
every Saint has a past. Every Sinner has a Future
  • #18,118
  • Jul 20, 2023 3:33pm Jul 20, 2023 3:33pm
This is one of the MT4 plugins the props use for turning the tables against traders:
https://takeprofittech.com/metatrade...sk-management/
  • #18,119
  • Jul 20, 2023 3:35pm Jul 20, 2023 3:35pm
I think most peoples gripe with MFFX is the loudmouth who runs it.

There are some folks complaining in various social places they got banned for "account management" with the excuse that "someone snitched on you". But other than that not much else negative other than their arbitrary risk management rule.

The first reason is enough for me to not want to work with them but its a horses for courses situation. The same with Maven, funded engineer and bespoke. Can't stand their leadership, won't be using my credit card in their terminal.
  • #18,120
  • Jul 20, 2023 3:36pm Jul 20, 2023 3:36pm
Quoting TraderTero
This is one of the MT4 plugins the props use for turning the tables against traders: https://takeprofittech.com/metatrade...sk-management/
I am fairly certain it is not.
75 traders viewing now