Prop Firm Hub | Page 1161 | 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

  • #23,201
  • Sep 29, 2023 12:18pm Sep 29, 2023 12:18pm
Quoting TrAndy1
{quote} If you point on me, you are again wrong. I made consistently +20% in average every month this year on my hedge fund account I am trading with. So I trade real markets and I cannot start from the beginning or anything. I had one chance to show I can do it, and I made it. That is totally different from the prop trading business. Second, I do consider what Angelo is telling us, that he is selling valuable data from traders to extract the alpha/edge on their own. This concerns me. It also should concern everyone who is net profitable consistently...
ok, maybe you are a winning trader or a loser trader, i do not know from your numbers. many write a lot and believing is different. in general 20% monthly in average no one is doing, its near 900% a year, this person would be an idiot to use prop accounts thatswhy i do not take your numbers as real (sorry but many did tell this cray numbers, and was always little account values are always fakes).

soi know you are no big winning trader in money for sure or no professional trader for longer time , because of the words you speak and trading in the prop you would be first person ever who would be doing so crazy move.
  • #23,202
  • Sep 29, 2023 12:22pm Sep 29, 2023 12:22pm
Quoting TrAndy1
{quote} It is not that. If you trade on your personal account you are at 100% risk. You can easily loose 50k which is substantial amount of money. But the same drawdown you can get with as little as 2k, so you need to compare 2k loss versus 50k loss (as 10% max. DD on a 500k account here as example). That is why this prop firm model is ALSO INTERESTING for the REAL consistent profitable trader too. Of course if you scale beyond any limits, then it starts to get boring. For example you have 2 million account on personal broker. You do not need to...
that comes from a person who tell me can do 20% in average over long time? you care about simple little 50.000 loss, that is nothing and normally people have daily maybe as a loss after trading many years the accounts and grow. i cant see how you do 20% average monthly and still have a problem with such small 50.000 loss number, really that do not match!

when you trade professional you do not have this losses, how can this be this problem?
you speak about bad traders, then yes, you are right, they are better inside a prop account. but a professional trader do not allow big drawdowns or destroyed accounts.

but really, think twice, you do 20% average monthly since long time and cant stay little 50.000 loss, that is really first time i hear about such problems. you do something big wrong, believe me - that do not match together.
  • #23,203
  • Sep 29, 2023 12:26pm Sep 29, 2023 12:26pm
Quoting Expo33
{quote} Ironically the money hit my Kraken account like 4 minutes after the chat girl told me 48 hours. Feel bad for the chat support. They just have to regurgitate the same message all day long: "48 hours and it's all Wise's fault" Even better news is how many perfect setups I missed all week
you will wait, and you will like it. Look at my jester hat... I mean crown, that says who is king
  • #23,204
  • Sep 29, 2023 12:28pm Sep 29, 2023 12:28pm
Quoting Trader191
{quote} that comes from a person who tell me can do 20% in average over long time? you care about simple little 50.000 loss, that is nothing and normally people have daily maybe as a loss after trading many years the accounts and grow. i cant see how you do 20% average monthly and still have a problem with such small 50.000 loss number, really that do not match! when you trade professional you do not have this losses, how can this be this problem? you speak about bad traders, then yes, you are right, they are better inside a prop account. but a...
You did not understand anything what I just wrote. And I have max. DD of up -20% for those +20% monthly profits. So it is basically RRR of 1:1 per month. This can be done, though it is not easy to achieve. And yes last year I had some problems as I used to trade with intense tick data (paid) and 10 second charts. But I do not do this anymore and since then I started very good this year. And I have a lot of knowledge, more than 15 year fulltime trading experience. So I know exactly what I am doing!
  • #23,205
  • Sep 29, 2023 12:29pm Sep 29, 2023 12:29pm
Quoting Trader191
{quote} that comes from a person who tell me can do 20% in average over long time? you care about simple little 50.000 loss, that is nothing and normally people have daily maybe as a loss after trading many years the accounts and grow. i cant see how you do 20% average monthly and still have a problem with such small 50.000 loss number, really that do not match! when you trade professional you do not have this losses, how can this be this problem? you speak about bad traders, then yes, you are right, they are better inside a prop account. but a...
Why are here in this thread ? You do not want to join any prop trading firm ? Or you are net looser and need a prop firm to make consistent gains with those props ?
  • #23,206
  • Sep 29, 2023 12:34pm Sep 29, 2023 12:34pm
Quoting TrAndy1
{quote} You did not understand anything what I just wrote. And I have max. DD of up -20% for those +20% monthly profits. So it is basically RRR of 1:1 per month. This can be done, though it is not easy to achieve. And yes last year I had some problems as I used to trade with intense tick data (paid) and 10 second charts. But I do not do this anymore and since then I started very good this year. And I have a lot of knowledge, more than 15 year fulltime trading experience. So I know exactly what I am doing!

but its drawdown, that is recovered very fast, so 20% drawdown is nothing when doing your 900% each year, so still do not know the problem with small 50.000 loss.

and i do not mean any as attack, i mean it like this: with 20% average monthly you should rock the world, totally do not use any prop and just grow your account and grow and grow. so simple .. long term planing over short term game playing in prop. so your plan in general is wrong , or the 20% monthly is wrong, both do not match or you like wasting extrem money and time.

take this a helping words.
  • #23,207
  • Sep 29, 2023 12:36pm Sep 29, 2023 12:36pm
Quoting Trader191
{quote} but its drawdown, that is recovered very fast, so 20% drawdown is nothing when doing your 900% each year, so still do not know the problem with small 50.000 loss. and i do not mean any as attack, i mean it like this: with 20% average monthly you should rock the world, totally do not use any prop and just grow your account and grow and grow. so simple .. long term planing over short term game playing in prop. so your plan in general is wrong , or the 20% monthly is wrong, both do not match or you like wasting extrem money and time. take this...
You are totally wrong. But I do not repeat what I just wrote today. Are you a profitable trader ? Are you consitent profitable too ? Who are you that you are telling me something and give me advices ?
  • #23,208
  • Sep 29, 2023 12:36pm Sep 29, 2023 12:36pm
Quoting TrAndy1
{quote} Why are here in this thread ? You do not want to join any prop trading firm ? Or you are net looser and need a prop firm to make consistent gains with those props ?
just helping people to answer questions. problem with this?

i can stop writing when many do not care too! but living in fantasy world is risky in trading, reality always hits more early then later.
  • #23,209
  • Sep 29, 2023 12:40pm Sep 29, 2023 12:40pm
Quoting Trader191
{quote} just helping people to answer questions. problem with this? i can stop writing when many do not care too! but living in fantasy world is risky in trading, reality always hits more early then later.
That is why you need to work on your own strategy first. Before you can tell anything you need to have a good strategy. Otherwise you are in wrong thread. Prop firm business is only for traders who have a good strategy. Otherwise you are wasting your time here and you should spend more 10 years until you come back and write.
  • #23,210
  • Sep 29, 2023 12:53pm Sep 29, 2023 12:53pm
Quoting TrAndy1
{quote} That is why you need to work on your own strategy first. Before you can tell anything you need to have a good strategy. Otherwise you are in wrong thread. Prop firm business is only for traders who have a good strategy. Otherwise you are wasting your time here and you should spend more 10 years until you come back and write.
but i have already strategies and growing since decades. i am old already.
and prop firm are for traders who do not have a good strategy, you never learn this fact . when yor starting point is wrong, the rest conclusions gets wrong too.

i write because i know what i speak about and maybe some help my answers, when they can understand at their point of experience.

it looks like you do not know :
- why prop exist
- how they work
- what traders are good for use it and who should not

you need to learn all this before you start doing so many mistakes and waste your time and money and do not fake 20% average monthly when you not have this over many years and still care about only 50.000 loss (nobody would care by have 20% monthly over many time like you tell here).

you show often in your words why trading can be so complicated, what is normally so easy when done more structured with less mistakes in planing.
when a plan is not on good foundation, how will it be work out perfect?

i stop here to speak about this, wrong thread to speak about your trading.
  • #23,211
  • Sep 29, 2023 1:17pm Sep 29, 2023 1:17pm
Time to go back to my AI testing and watching TFTs raft float towards a waterfall whilst on fire.
  • #23,212
  • Sep 29, 2023 2:23pm Sep 29, 2023 2:23pm
Quoting pipmaster77
{quote} Yes, TBH, until if/when MFF comes back, the other 2 you mention, FTMO and the 5%ers are the only ones that appear as professional, well-run businesses. No influencers, no social media, no coupons. Most of these other clowns, you are correct, no idea what they are doing and zero knowledge about the indusrty they are in.
TFF...
  • #23,213
  • Sep 29, 2023 2:33pm Sep 29, 2023 2:33pm
Quoting Trader191
{quote} but i have already strategies and growing since decades. i am old already. and prop firm are for traders who do not have a good strategy, you never learn this fact . when yor starting point is wrong, the rest conclusions gets wrong too. i write because i know what i speak about and maybe some help my answers, when they can understand at their point of experience. it looks like you do not know : - why prop exist - how they work - what traders are good for use it and who should not you need to learn all this before you start doing so many...
You are a clown.
  • #23,214
  • Edited 3:20pm Sep 29, 2023 3:06pm | Edited 3:20pm
With everything in flux on the FX prop side, I'm about to test out the largest Futures prop Apex funding. They currently have a 90% off sale going right now. Target to DD is 1:1 on 25K and 1.2:1 on 50K... 50K w/ 2.5K DD = $17 initial fee + $140 1x activation fee if you pass. Their intraday equity trailing DD is really awful (it does stop trailing when it reaches initial bal), but I have a 1:1 RR tighter SL system I can test out where the trailing wont be an issue. On the plus side it's a 1 step challenge, there's no daily limit, they pay via ACH & 1st 25K is 100% split... so I'm going to give them a try.
  • #23,215
  • Sep 29, 2023 3:15pm Sep 29, 2023 3:15pm
Quoting Tim_isoara
{quote} TFF...
Yes, I still have an account there. I've never had an issue, but they have done some shady things and everyone says they deny larger payouts. I still have a TFTP account and FTMO as well. The TFTP i stopped trading as I feel it's pointless at this time if I'm going to have to chase my payouts.
  • #23,216
  • Sep 29, 2023 3:53pm Sep 29, 2023 3:53pm
Quoting CableJ
With everything in flux on the FX prop side, I'm about to test out the largest Futures prop Apex funding. They currently have a 90% off sale going right now. Target to DD is 1:1 on 25K and 1.2:1 on 50K... 50K w/ 2.5K DD = $17 initial fee + $140 1x activation fee if you pass. Their intraday equity trailing DD is really awful (it does stop trailing when it reaches initial bal), but I have a 1:1 RR tighter SL system I can test out where the trailing wont be an issue. On the plus side it's a 1 step challenge, there's no daily limit, they pay via ACH...
before you signup , have look at this thread

https://www.elitetrader.com/et/threa...unding.368122/


better options

www.earn2trade.com



and the REAL DEAL in futures prop : https://www.apterostrading.com/prop-desk
  • #23,217
  • Sep 29, 2023 4:07pm Sep 29, 2023 4:07pm
Quoting Stoneyrocks
{quote} before you signup , have look at this thread https://www.elitetrader.com/et/threa...unding.368122/ better options www.earn2trade.com and the REAL DEAL in futures prop : https://www.apterostrading.com/prop-desk
The Apteros Score is negative. You need to flip 2.5 times in your challenge. Means on Euler this 12.2 times as value, which is 300 USD per month (!), then you have 60% split only of 4k USD max. DD. So you pay per month in value around 3.7k to get after split 2.4k. This is daylight robbery, only for those who cannot calculate.
  • #23,218
  • Sep 29, 2023 4:10pm Sep 29, 2023 4:10pm
Quoting Stoneyrocks
{quote} before you signup , have look at this thread https://www.elitetrader.com/et/threa...unding.368122/ better options www.earn2trade.com and the REAL DEAL in futures prop : https://www.apterostrading.com/prop-desk
Even better to go for Tradeday. Live account and 0 restrictions on withdrawal, EOD dd.

Apteros minimum 2 months to get funded and withdrawal every quarter.
E2T is also trailing dd on live account.
Apex is a ponzi always on sale, activation fees, live trailing and withdrawal restrictions..pie in the sky.
on a postive roll...
  • #23,219
  • Sep 29, 2023 4:23pm Sep 29, 2023 4:23pm
Forgive me Father for I have sinned. I just bought a 20K One-Step challenge with Maven
Attached Image (click to enlarge)
Click to Enlarge Name: CONFESSION.jpg Size: 183 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #23,220
  • Sep 29, 2023 4:25pm Sep 29, 2023 4:25pm
Quoting Rmg
{quote} Even better to go for Tradeday. Live account and 0 restrictions on withdrawal, EOD dd. Apteros minimum 2 months to get funded and withdrawal every quarter. E2T is also trailing dd on live account. Apex is a ponzi always on sale, activation fees, live trailing and withdrawal restrictions..pie in the sky.
Tradeday offer is without value. The (best) Score is 1, so no difference to trading ones own personal account. You do not get any value there on their offers.
163 traders viewing now