Prop Firm Hub | Page 1255 | 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

  • #25,081
  • Oct 31, 2023 6:37am Oct 31, 2023 6:37am
Quoting Markula
{quote} I never said CFD. I said futures like from CME obviously. That's why I talked about expiry and rollover. It's a known fact that OJ and agricultural commodities are illiquid compared to oil . Nothing I said is hard to comprehend. Fx is the most liquid market and that's why they can offer large account sizes.
Nobody was talking AG futures numbnuts. The money is made in Indicies, CL, Gold.
Trade with confidence, trade without fear.
  • #25,082
  • Oct 31, 2023 6:49am Oct 31, 2023 6:49am
I traded a lot of futures in the past. I came from options trading some years earlier with good success before entering the futures space. Only from last recent 4 years I switched to Spot Forex only. Some time ago I made 12% of daily volume of the whole exchange on SMI Swiss Index Futures with thousand of contracts traded every day on a real prop trading firm. So nobody can say to me I have no idea futures trading. Also I got a personal invite to meet the former CME chairman and broker CEO for establishing an own hedge fund. But I refused to pay the setup cost on my own. At that time I was still at the University studying. At that time I also had no loosing month for over one year with day and swing trading futures, especially on Nasdaq Futures. I would say I traded lot more futures contracts than most here. If anyone traded more than 100000 contracts in total, that person would have more trading knowledge. But I guess most persons do not have that much experience I have.
In addition I got EUREX and Broker Series 3 Futures trading license since 1999 already. I traded Futures in real prop firm and at the investment bank too. I mean who can say here who met former CME exchange chairman Larry Rosenberg in London on personal meeting about the setup of an own hedge fund because of his trading success with trading lots of futures at the age of 24 ?
  • #25,083
  • Edited 7:16am Oct 31, 2023 6:52am | Edited 7:16am
Quoting Cryptosurf
{quote} I recall we tangled on babypips for horse excrement you would randomly pop off about. Go figure you would continue the trend here.
Yes, on that forum you misunderstood my posts several times and I recommended you to take reading comprehension class.

Also I think anyone trading futures prop firms is an idiot but I don't mind the idiots can have their own opinions.
Alt least if you think futures prop firms are better you can discuss here why and the pros and cons. But when people asked you questions about futures prop firms, you either:
1. Didn't understand people's questions and gave the wrong answers;
2.Could not answer people's questions then just reply that people here don't understand futures prop firms;
3. Being not able to discuss props and cons of futures prop firms in detail instead you just curse whoever think futures prop firms are bad.
  • #25,084
  • Oct 31, 2023 6:55am Oct 31, 2023 6:55am
Quoting TrAndy1
I traded a lot of futures in the past. I came from options trading some years earlier with good success before entering the futures space. Only from last recent 4 years I switched to Spot Forex only. Some time ago I made 12% of daily volume of the whole exchange on SMI Swiss Index Futures with thousand of contracts traded every day on a real prop trading firm. So nobody can say to me I have no idea futures trading. Also I got a personal invite to meet the former CME chairman and broker CEO for establishing an own hedge fund. But I refused to pay...
I was also a large trader registered with SEC. We seem like idiot here, but we are not. In my case just messed up life right now, and I can't focus again 100% on trading but soon on track. Also at some point in year 2003-2005 I made as peak 0.5% of trades volumes of interactive brokers for some months (with less of a million dollar account). I was also spread trader on NG when Amaranth hedge fund went bankrupt on the same book I was trading (thanks to them I closed my trading flat, from an huge profit he he).

Love futures, but problem will be to find a serious prop, just joining this apex crap offer because of the discount and good chance to test, if I pass the challenge, for some session real data. Also as mac user I'm limited but I will organise that. Hope soon to be back on my personal accounts and forget the prop world if will get worse. We need stable environment, not thinking always if this or that is a scam or will close in few months.
in holiday till end of November
  • #25,085
  • Oct 31, 2023 7:02am Oct 31, 2023 7:02am
Quoting TrAndy1
I traded a lot of futures in the past. I came from options trading some years earlier with good success before entering the futures space. Only from last recent 4 years I switched to Spot Forex only. Some time ago I made 12% of daily volume of the whole exchange on SMI Swiss Index Futures with thousand of contracts traded every day on a real prop trading firm. So nobody can say to me I have no idea futures trading. Also I got a personal invite to meet the former CME chairman and broker CEO for establishing an own hedge fund. But I refused to pay...

I don't know whether your trading acumen is legit or not but, your social skills are literally nonexistent.
  • #25,086
  • Oct 31, 2023 7:02am Oct 31, 2023 7:02am
Quoting TrAndy1
I traded a lot of futures in the past. I came from options trading some years earlier with good success before entering the futures space. Only from last recent 4 years I switched to Spot Forex only. Some time ago I made 12% of daily volume of the whole exchange on SMI Swiss Index Futures with thousand of contracts traded every day on a real prop trading firm. So nobody can say to me I have no idea futures trading. Also I got a personal invite to meet the former CME chairman and broker CEO for establishing an own hedge fund. But I refused to pay...
And yet here you are talking like someone who has no idea. Also how did you fall from such great heights to shit posting and shilling scammy prop firms on a web forum?
Trade with confidence, trade without fear.
  • #25,087
  • Oct 31, 2023 7:11am Oct 31, 2023 7:11am
Quoting forexbali
{quote} I was also a large trader registered with SEC. We seem like idiot here, but we are not. In my case just messed up life right now, and I can't focus again 100% on trading but soon on track. Also at some point in year 2003-2005 I made as peak 0.5% of trades volumes of interactive brokers for some months (with less of a million dollar account). I was also spread trader on NG when Amaranth hedge fund went bankrupt on the same book I was trading (thanks to them I closed my trading flat, from an huge profit he he). Love futures, but problem will...
There is no serious future prop around which are offering such challenges. This is just another Ponzi scheme but in different color. You only trade on simulated feed.
And I am very happy to see that you are also a very experienced trader. Wish you best of luck on any props. Hopefully you can join trading fulltime in near future again.
  • #25,088
  • Oct 31, 2023 7:13am Oct 31, 2023 7:13am
Apex 50K shows $167/MONTH.
Is this the discounted price ? I see on on the top of the site that they have a 90% discount but there is no discount code so I guess these 167 are already net ?
  • #25,089
  • Oct 31, 2023 7:14am Oct 31, 2023 7:14am
Quoting Cryptosurf
{quote} And yet here you are talking like someone who has no idea. Also how did you fall from such great heights to shit posting and shilling scammy prop firms on a web forum?
Delusions of grandeur would be my bet
  • #25,090
  • Oct 31, 2023 7:16am Oct 31, 2023 7:16am
Quoting Capablanca
Apex 50K shows $167/MONTH. Is this the discounted price ? I see on on the top of the site that they have a 90% discount but there is no discount code so I guess these 167 are already net ?
No this is the full price shown at Apex website. With 90% discount it should be ca. $17 per 50k challenge. You always get 80% to 90% discounts as full pricing makes no sense to join. The value would be by far too low with all the hurdles built-in before you can qualify for a payout here. There are also at least >30 future props around.
  • #25,091
  • Oct 31, 2023 7:19am Oct 31, 2023 7:19am
Just to give you an idea on why the CFTC are bastards.
https://twitter.com/TraderNOK/status...35917578387787

MFF did say it, but in reference to removing a cap on slippage (making conditions better than market) and then informed the guy before doing it despite him abusing the price feed.
  • #25,092
  • Oct 31, 2023 7:21am Oct 31, 2023 7:21am
Quoting Capablanca
Apex 50K shows $167/MONTH. Is this the discounted price ? I see on on the top of the site that they have a 90% discount but there is no discount code so I guess these 167 are already net ?
Go to their socials for current promotions, link are on the website. The discount is applied before checkout. I also received an email about the promotion.
Attached Image (click to enlarge)
Click to Enlarge Name: apex3.png Size: 10 KB



Attached Image (click to enlarge)
Click to Enlarge Name: apex2.png Size: 19 KB
Trade with confidence, trade without fear.
  • #25,093
  • Oct 31, 2023 7:23am Oct 31, 2023 7:23am
Quoting Takisd
Just to give you an idea on why the CFTC are bastards. https://twitter.com/TraderNOK/status...35917578387787 MFF did say it, but in reference to removing a cap on slippage (making conditions better than market) and then informed the guy before doing it despite him abusing the price feed.
Yikes, context is important, CFTC looking real bad right now.
Trade with confidence, trade without fear.
  • #25,094
  • Oct 31, 2023 7:24am Oct 31, 2023 7:24am
Quoting Takisd
Just to give you an idea on why the CFTC are bastards. https://twitter.com/TraderNOK/status...35917578387787 MFF did say it, but in reference to removing a cap on slippage (making conditions better than market) and then informed the guy before doing it despite him abusing the price feed.
Yes one trader exploited the datafeed on US market open. So this would not be possible in the futures market or on real slippage. The whole discussion gets a total different impression than what the CFTC presented on cutting a sentence out of context. I hope that MFF will win and do not need to pay too much on fines.

Attached Image (click to enlarge)
Click to Enlarge Name: F9vzqEybkAAIIG2.jpg Size: 168 KB
  • #25,095
  • Oct 31, 2023 7:32am Oct 31, 2023 7:32am
Quoting Cryptosurf
{quote} Go to their socials for current promotions, link are on the website. The discount is applied before checkout. I also received an email about the promotion.{image} {image}
Thanks. Have you received any payout from them ?

Usually trailing stop sucks but 18.70 USD first month (+fee if funded) for a trailing stop of 2500 USD it may be worth to drop come coins in this.

I went through FAQs and as far as I understood:
- Trailing is accounted in real time
- All positions closed EOD
- 10 trading days minimum
- Only in funded (or also in challenge ?): 10 days minimum in each peyout, max of 30% profits from a single trading and not more than 20% flipping days (which I think it's like doing only 1 micro lot open and immediately close it)

I see, though, that they only pay in US banks or with US routing. This can be a challenge for european people.

Also not sure how taxes work for European. I remember Earn2Trade was very bad, demanding something different of the usual (and simple) W8BEN
  • #25,096
  • Oct 31, 2023 7:34am Oct 31, 2023 7:34am
Quoting Takisd
Just to give you an idea on why the CFTC are bastards. https://twitter.com/TraderNOK/status...35917578387787 MFF did say it, but in reference to removing a cap on slippage (making conditions better than market) and then informed the guy before doing it despite him abusing the price feed.
Yep, CFTC taking that completely out of context.

Something that surprises me is MFF saying that they would talk with the owner of EA. Why is that ? Why not destroying him and all his clients. Reputational care ?
  • #25,097
  • Oct 31, 2023 7:43am Oct 31, 2023 7:43am
Quoting TrAndy1
{quote} "What about professional data fees for EACH account you get funded ? "
For my Apex account ($50k Tradovate challenge) it will be $160 for lifetime fee. I only pay after I am funded. Futures is different than forex, there are data fees. The total fee paid even if I need 2 or 3 months to pass is still less than one $50k challenge with 5ers and FTMO. I intend to pass and make money. I resubscribe on the 5th. I've traded 3 weeks (on Friday) because I spent a week getting set-up. Still getting used to Trading View platform but it looked easier to learn since I was half-way familiar v. learning NinjaTrader. This month was a steep learning curve and practice. The price per point is different for NAS v. US30, which also took getting used to since it's the same price with CFDs at FTMO (demo, don't know about funded).

I wish I'd stumbled upon this route a long time ago. I'm told you can connect the Rithmic version of the accounts with a copy trader, but I wanted to start with one and use TV. You can have up to 20 accounts. Look at what is possible with just one $50k account.
  • #25,098
  • Oct 31, 2023 7:51am Oct 31, 2023 7:51am
Quoting Capablanca
{quote} Yep, CFTC taking that completely out of context. Something that surprises me is MFF saying that they would talk with the owner of EA. Why is that ? Why not destroying him and all his clients. Reputational care ?
How many times did MFF have a problem and refund hundreds of people? Its just their style I guess.
  • #25,099
  • Oct 31, 2023 7:59am Oct 31, 2023 7:59am
Quoting Capablanca
Apex 50K shows $167/MONTH. Is this the discounted price ? I see on on the top of the site that they have a 90% discount but there is no discount code so I guess these 167 are already net ?
no you will pay 10% of that ha ha

I paid 15$ for the challange. If somebody says that we will be always simulated... then, I'm really tired of prop.

I started to scalp with some micro, I will try to make my goal of 1500$ in 7 sessions, and if I get funded good, otherwise, I forgot this test.

Was just 15-16$, I use this to test tradovate mobile app, tradingview y bla bla, if I see go well, I will try to set up ninja and windows, and end of the offer I will try to join to just one 50K or 150K or 300K program.

Drawdown is very limited and ratio drawdown is worse on bigger lots programs.

I guess that somebody here will do 20 accounts (for 300$, around 500K or 1M group) with the best ratio profit-dd that should be the program of 25K and 50K after that you get less, I guess.

However if this prop is just a videogame, I don't see anything else to spend a bit of time to test platforms for a 10% fee of the original price, I never heard here somebody saying to have done lots of money in payout on futures on this prop. But I will check what you write in future about it.
Attached Image (click to enlarge)
Click to Enlarge Name: PHOTO-2023-10-31-13-40-28.jpg Size: 26 KB
in holiday till end of November
  • #25,100
  • Oct 31, 2023 8:03am Oct 31, 2023 8:03am
Quoting forexbali
{quote} no you will pay 10% of that ha ha I paid 15$ for the challange. If somebody says that we will be always simulated... then, I'm really tired of prop.
Prop isn't meant to be a long term career path. You get a pile of cash to fund your own personal account.
Trade with confidence, trade without fear.
60 traders viewing now