Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
23.5%
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
Dislikedone thing i don't like with the tradiac is they don't offer refund if you pass the assessment. {image}Ignored
Disliked{quote} For those curious about futures prop firms be careful as with any investment i'll requote what someone once said and which I noticed is true as well. Real live account: Firm makes money on profit splits so they will encourage withdrawals, the bigger the better for them. BluSky.pro, Apteros, E2T, etc... Livesim account: Firm makes money on subscription fees, reset fees and activation fees, they will generally delay or discourage big withdrawals with some antics. Example : Leeloo, Apex Trader Funding, Bulenox, TickTIckTrader, etc... Also Apex...Ignored
Dislikedso as you can see clearly in this pic i was able to made 380 $ profit on live account just 1 day after i got the account but gave back all to the market, and also went into drawdown and during this phase i also lost my 5k live account of my forex funds without first payout and refund which give me learning that... you need to be very patient for your 1st payout and refund so i patiently work on this account even without any greed that i made 380 $ in just 2 days that i want the same money back kind of attitude or thinking.. so as you can its almost...Ignored
Disliked{quote} Stop thinking about your trades in dollar amounts. Think about winning pips by patiently following your system with flawless risk management.Ignored
DislikedIs there an instant funding type acc that is not a scam that gives you less than your money as max drawdown? not looking to use one, just curiousIgnored
Disliked{quote} Since I don't trade indices. Enlighten me a little, how is better to trade Eur future 6E1! comparing to EurUSd?Ignored
Disliked{quote} Apex is the most popular online futures prop right now, blowing past Topstep & forcing them to completely change all their rules. So far they have a good rep of paying. It's a 1 step unlimited challenge with no daily limit. 50K evals are 1:1.2 DD vs target. The trailing scales up to +5% then stops trailing, from there it's similar to trading in a private account... +20%, risk the entire 20% the next day. You can have up to 20 50K accounts (1M funding & 50K drawdown). 1st 25K profit = 100% yours, >25K 90%/10% split. They routinely have 50K...Ignored
Disliked{quote} To 100% reiterate what CableJ said, Apex is the best, no question. To correct something CableJ said. The maximum funding is actually 6 million USD. Breaks down as 20x 300K Accounts.Ignored
Disliked{quote} Apex is the most popular online futures prop right now, blowing past Topstep & forcing them to completely change all their rules. So far they have a good rep of paying. It's a 1 step unlimited challenge with no daily limit. 50K evals are 1:1.2 DD vs target. The trailing scales up to +5% then stops trailing, from there it's similar to trading in a private account... +20%, risk the entire 20% the next day. You can have up to 20 50K accounts (1M funding & 50K drawdown). 1st 25K profit = 100% yours, >25K 90%/10% split. They routinely have 50K...Ignored
Disliked{quote} Many thanks for the detailed explanation Cable. I'll have a look into Apex. You're working with them and receive some payouts already ?Ignored
Disliked{quote} Apex is the most popular online futures prop right now, blowing past Topstep & forcing them to completely change all their rules. So far they have a good rep of paying. It's a 1 step unlimited challenge with no daily limit. 50K evals are 1:1.2 DD vs target. The trailing scales up to +5% then stops trailing, from there it's similar to trading in a private account... +20%, risk the entire 20% the next day. You can have up to 20 50K accounts (1M funding & 50K drawdown). 1st 25K profit = 100% yours, >25K 90%/10% split. They routinely have 50K...Ignored
Disliked{quote} Apex is not good at all compared with forex prop firms. 1. Trailing drawdown. A trailing drawdown makes it 3 times more likely to blow up your account than a fixed drawdown, which is industry norm.In another forum I watch some traders posted their journey for Apex challenges and when they blow up their accounts, their accounts are actually in decent profit if they play MFF challenges. 2. Monthly fee, exchange fee and activation fee. Compared with MFF, activation fee alone is equal to MFF's fee at same drowdown.Futures prop firms' challenge...Ignored
Disliked{quote} Apex is the most popular online futures prop right now, blowing past Topstep & forcing them to completely change all their rules. So far they have a good rep of paying. It's a 1 step unlimited challenge with no daily limit. 50K evals are 1:1.2 DD vs target. The trailing scales up to +5% then stops trailing, from there it's similar to trading in a private account... +20%, risk the entire 20% the next day. You can have up to 20 50K accounts (1M funding & 50K drawdown). 1st 25K profit = 100% yours, >25K 90%/10% split. They routinely have 50K...Ignored