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  • #28,801
  • Jan 30, 2024 7:25am Jan 30, 2024 7:25am
I have to admit something shameful. I've been trying the propfirms since september 2022 and to my shame I have spend over 20k euro's and still have not recieved a payout. I think I was in total funded over 1.2m and no payout. The gambling mentality really broke me. I'm currently funded 100k with fundingpips and I just need a change. Any tips from yall what I can do to make a change? I won't be chasing 10% profitsplit obviously lol. Is 3% too ambious?
  • #28,802
  • Jan 30, 2024 7:26am Jan 30, 2024 7:26am
With LPs you want to massage & not rupture their price levels with massive order sizes by instead sending orders in smaller bite size chunks, giving them time to replenish liquidity... I wonder if something similar is the case with smaller props. If you withdraw in smaller bite size chunks allowing them to more easily replenish their capital via failed challenges, they will have less of a problem with you.
  • #28,803
  • Jan 30, 2024 7:34am Jan 30, 2024 7:34am
Quoting Capablanca
For those considering MFFx futures bear in mind that you can't have open orders and OPEN POSITIONS during tier 1 news +/- 2 minutes. Standard Trading Protocols Maintain the integrity of your trading by: ● Sticking to your regular trading system during news intervals. ● Initiating trades based on standard entry rules. ● Ensuring no open positions or orders are active in the order book 2 minutes before and after any data release. These protocols apply to all news releases. Tier news list here: https://intercom.help/myfundedfuture...trading-policy...
It's interesting that Matt didn't decide to disrupt the futures prop model with the standard FX challenge model, but then again costs may be significantly higher on the backend with regulated futures brokers or returns are simply more lucrative with the standard futures trailing DD challenge model.
  • #28,804
  • Jan 30, 2024 7:50am Jan 30, 2024 7:50am
Many props are running record large discounts now. CTI 20% off (they usually have a 10% discount) 48HOURSALE, Lark is doing 30% off NEWYEAR, and ACG is doing another 40% off JAN40. Is this because of the ADP-FOMC-BOE-NFP quadruple-punch at the EOM that they know a substantial portion of the new accounts will not last until next week, or is there a more sinister plot sturring underneath all of this like more government crack downs?
  • #28,805
  • Jan 30, 2024 8:00am Jan 30, 2024 8:00am
Quoting noox
Many props are running record large discounts now. CTI 20% off (they usually have a 10% discount) 48HOURSALE, Lark is doing 30% off NEWYEAR, and ACG is doing another 40% off JAN40. Is this because of the ADP-FOMC-BOE-NFP quadruple-punch at the EOM that they know a substantial portion of the new accounts will not last until next week, or is there a more sinister plot sturring underneath all of this like more government crack downs?
Alpha just had a 40% discount, JAN40 is invalid coupon..
  • #28,806
  • Jan 30, 2024 8:23am Jan 30, 2024 8:23am
Quoting Stoneyrocks
{quote} Alpha just had a 40% discount, JAN40 is invalid coupon..
https://twitter.com/AlphaCapitalUK/s...23525648470225
  • #28,807
  • Jan 30, 2024 8:44am Jan 30, 2024 8:44am
Quoting noox
{quote} https://twitter.com/AlphaCapitalUK/s...23525648470225
you quoted JAN40 , it is JAN40!

thanks anyway !!!
  • #28,808
  • Jan 30, 2024 9:28am Jan 30, 2024 9:28am
Quoting armonius
I have to admit something shameful. I've been trying the propfirms since september 2022 and to my shame I have spend over 20k euro's and still have not recieved a payout. I think I was in total funded over 1.2m and no payout. The gambling mentality really broke me. I'm currently funded 100k with fundingpips and I just need a change. Any tips from yall what I can do to make a change? I won't be chasing 10% profitsplit obviously lol. Is 3% too ambious?
trading with a prop brings in general the worst out of a person as trader / trader habits). props are designed to fail (they are the casino, you are the gambler/player). math will always play in their favor when they are not greedy or idiots (do a-book, dont use demo account, copy their trades to real market, think there exist good traders in props ... and some more mistakes).
in general props are a different kind/designed of b-book broker (earn fixed money, very low regulations, no deposits, not accounts, no real markets). both are pure games.

so first you need to have a strategy and win with this, then can go to prop (if you really cant trade in private account and aim there for some millions over the years/decades with high chance and need to rush anything with bigger risk destroying good habits with props (no chances come without disadvantages)).

so first work on your strategy! thats the base for all. start be a casino, not the trader.
  • #28,809
  • Jan 30, 2024 12:16pm Jan 30, 2024 12:16pm
Quoting armonius
I have to admit something shameful. I've been trying the propfirms since september 2022 and to my shame I have spend over 20k euro's and still have not recieved a payout. I think I was in total funded over 1.2m and no payout. The gambling mentality really broke me. I'm currently funded 100k with fundingpips and I just need a change. Any tips from yall what I can do to make a change? I won't be chasing 10% profitsplit obviously lol. Is 3% too ambious?
dont listen to anything just follow this i have done it in the beginning and made me long term profitable…
1. Firstly important 6 month demo with consistent gains aim for 10-20% for smaller capital and 3-5% for prop firm capital per month… do it until you achieve this.
2. Always put a stop loss before opening a trade and the moment it works in your direction move to breakeven… alot of breakeven will hit but it’ll improve ur entries for future.
3. Then build your own startegy for eg mine is support/resistance, trendlines and experience/gut feeling….
Once you do this money will come not right away but in couple of years you’ll be surprised

In my first profitable year made only 2000$ as net profit
Extreme gut feeling trader
  • #28,810
  • Jan 30, 2024 12:49pm Jan 30, 2024 12:49pm
Quoting montygoldy
Fresh two evaluations bought… both 200k …. {image} {image}
I tried Blue guardian but didn’t like how they sort of limited trades but it does help with risk management
  • #28,811
  • Jan 30, 2024 1:28pm Jan 30, 2024 1:28pm
Quoting MarcoJnr
{quote} I tried Blue guardian but didn’t like how they sort of limited trades but it does help with risk management
i am not sponsoring or promoting any of these firms.. i only purchase their challenge coz they are cheap… got alpha with 40% and blue with 25%… once i hit some more funding then i’ll start purchasing expensive one likes of tff, ftmo etc
Extreme gut feeling trader
  • #28,812
  • Jan 30, 2024 3:16pm Jan 30, 2024 3:16pm
Quoting montygoldy
{quote} dont listen to anything just follow this i have done it in the beginning and made me long term profitable… 1. Firstly important 6 month demo with consistent gains aim for 10-20% for smaller capital and 3-5% for prop firm capital per month… do it until you achieve this. 2. Always put a stop loss before opening a trade and the moment it works in your direction move to breakeven… alot of breakeven will hit but it’ll improve ur entries for future. 3. Then build your own startegy for eg mine is support/resistance, trendlines and experience/gut...
Thank you! I appreciate your tips!
  • #28,813
  • Jan 30, 2024 5:45pm Jan 30, 2024 5:45pm
Quoting noox
Many props are running record large discounts now. CTI 20% off (they usually have a 10% discount) 48HOURSALE, Lark is doing 30% off NEWYEAR, and ACG is doing another 40% off JAN40. Is this because of the ADP-FOMC-BOE-NFP quadruple-punch at the EOM that they know a substantial portion of the new accounts will not last until next week, or is there a more sinister plot sturring underneath all of this like more government crack downs?
Again the victim mentality is on full display.

The average trader is a loser and doesn't need any news events to blow their accounts. When an alcoholic decides to go to a bar, the bar doesn't need to have a big sale on beer for the alcoholic to get drunk that night. The bar only needs to have an "open" sign on the door.

With all of the MFF refugees looking for a new prop firm and the latest news that FTMO is banning US traders it makes sense that props would be offering good promos. Market share pure and simple.
Pride always comes before destruction.... -Proverbs 16:18
  • #28,814
  • Jan 30, 2024 6:06pm Jan 30, 2024 6:06pm
Quoting noox
Many props are running record large discounts now. CTI 20% off (they usually have a 10% discount) 48HOURSALE, Lark is doing 30% off NEWYEAR, and ACG is doing another 40% off JAN40. Is this because of the ADP-FOMC-BOE-NFP quadruple-punch at the EOM that they know a substantial portion of the new accounts will not last until next week, or is there a more sinister plot sturring underneath all of this like more government crack downs?
These futures firms have been running these crazy discounts since the very beginning. Business must be booming since trading futures is way harder than forex. They probably don't have any crazy payouts either.
  • #28,815
  • Jan 30, 2024 10:09pm Jan 30, 2024 10:09pm
Quoting Inception12
{quote} These futures firms have been running these crazy discounts since the very beginning. Business must be booming since trading futures is way harder than forex. They probably don't have any crazy payouts either.
Trading futures is not harder or easier than Forex. It is the End-of-day trailing drawdown that futures props use that is about 8 times harder than Forex props' static drawdown. In case of intraday equity trailing drawdown, it is more than 20 times harder. You can assume that NO ONE can trade a funded futures account for more than 12 months. Most likely less than 0.5% of funded futures accounts have not blown up in 3 months, while for funded Forex accounts the number might be around 10%.
  • #28,816
  • Jan 30, 2024 10:41pm Jan 30, 2024 10:41pm
Hi anyone use this discount code during Xmas ?
For this promotion
Will get amount payout+ refund + 2% phase 1 and 2 ?
Or don't get refund ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240118-173406.png Size: 420 KB
  • #28,817
  • Jan 31, 2024 2:55am Jan 31, 2024 2:55am
Quoting MarcoJnr
{quote} I tried Blue guardian but didn’t like how they sort of limited trades but it does help with risk management
What do you mean by this ?
  • #28,818
  • Jan 31, 2024 2:57am Jan 31, 2024 2:57am
Quoting HengkiTjen
Hi anyone use this discount code during Xmas ? For this promotion Will get amount payout+ refund + 2% phase 1 and 2 ? Or don't get refund ? {image}
You probably need to contact them and confirm conditions providing the promotion code. From my experience this kind of bonus from phase 1 and/or phase 2 usually come with a string attached like "we reimburse the bonus when you hit 10% profit". Or something like that.
  • #28,819
  • Jan 31, 2024 3:55am Jan 31, 2024 3:55am
Quoting Inception12
{quote} These futures firms have been running these crazy discounts since the very beginning. Business must be booming since trading futures is way harder than forex. They probably don't have any crazy payouts either.
None of these are futures firms...
  • #28,820
  • Jan 31, 2024 4:09am Jan 31, 2024 4:09am
Quoting Capablanca
{quote} You probably need to contact them and confirm conditions providing the promotion code. From my experience this kind of bonus from phase 1 and/or phase 2 usually come with a string attached like "we reimburse the bonus when you hit 10% profit". Or something like that.
thanks
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