Prop Firm Hub | Page 1640 | 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

  • #32,781
  • Mar 8, 2024 9:46am Mar 8, 2024 9:46am
Quoting procrude
Its kind of weird but every time I get an email from Funded Trader I also get an email with almost identical wording from Skilled.... are they same internally?
Same shady owner (Angelo). Several props:
https://www.forexfactory.com/thread/...7#post14785347
  • #32,782
  • Mar 8, 2024 9:47am Mar 8, 2024 9:47am
Quoting procrude
Its kind of weird but every time I get an email from Funded Trader I also get an email with almost identical wording from Skilled.... are they same internally?
I love when I have discord open and I get the message bubble to join the poker tournament.....are they fucking kidding right now?
  • #32,783
  • Mar 8, 2024 9:48am Mar 8, 2024 9:48am
Question about Apex.

Limit of payout for 50K accounts is 2K for the first 3 months (per account).
Is this per payout or per month ?
If I'm able to have 2 payouts in a month, can I have 2x2K or just 2K in total ?
  • #32,784
  • Mar 8, 2024 9:49am Mar 8, 2024 9:49am
Quoting pipmaster77
{quote} I love when I have discord open and I get the message bubble to join the poker tournament.....are they fucking kidding right now?
They don't pay but at least entertain people while they wait for the payouts.

First thing I do when I join a prop Discord is to clear off all communication. Otherwise it seems the 911 service.
  • #32,785
  • Mar 8, 2024 9:51am Mar 8, 2024 9:51am
Quoting Capablanca
Question about Apex. Limit of payout for 50K accounts is 2K for the first 3 months (per account). Is this per payout or per month ? If I'm able to have 2 payouts in a month, can I have 2x2K or just 2K in total ?
2k per account per payout (2x per month), so 80K per month if you max it.
  • #32,786
  • Mar 8, 2024 9:53am Mar 8, 2024 9:53am
Quoting Capablanca
{quote} They don't pay but at least entertain people while they wait for the payouts. First thing I do when I join a prop Discord is to clear off all communication. Otherwise it seems the 911 service.
lol, but then I would miss the entertainment.
  • #32,787
  • Mar 8, 2024 10:00am Mar 8, 2024 10:00am
Quoting pipmaster77
{quote} 2k per account per payout (2x per month), so 80K per month if you max it.
That's dam good even for the capped months. I know we have to trade 10 days for each payout, which means 20 trading days in a month (almost no rest days), but even though is pretty good.

And yes, the ideia is to max out the 20 accts.
10 already secured and 10 basically passed. I just have to flip contracts for the remaining days to pass (I was very lucky specially yesterday).
Now I have to think how to approach this in a conservative way, different from the challenges.
  • #32,788
  • Mar 8, 2024 10:08am Mar 8, 2024 10:08am
Another thing I'm not sure in Apex. They speak in the first 3 payout months.
If I take one month to create the buffer and another month to get to a payout I'm not sure if this counts as 2 months or just one. I believe it's just one.

"EACH MONTH YOU TAKE A WITHDRAWAL IS COUNTED AS ONE "WITHDRAWAL MONTH" whether you took one or two withdrawals that month. The maximum limits are in place until after THREE Withdrawal Months are completed, then there is no maximum on the 4th "Withdrawal Month". A withdrawal must be made for it to count as a "withdrawal month""
  • #32,789
  • Mar 8, 2024 10:08am Mar 8, 2024 10:08am
Quoting Capablanca
{quote} That's dam good even for the capped months. I know we have to trade 10 days for each payout, which means 20 trading days in a month (almost no rest days), but even though is pretty good. And yes, the ideia is to max out the 20 accts. 10 already secured and 10 basically passed. I just have to flip contracts for the remaining days to pass (I was very lucky specially yesterday). Now I have to think how to approach this in a conservative way, different from the challenges.
Nice work.....you know how conservatively I trade....here is how I trade apex.....all micros ym 4, nq 2 and es 3 per position. I copy in groups, so if price moves against me I average in with another group. I rotate the accounts daily depending on the blance in each. Once DD is static, I may re-evaluate the risk/size.
  • #32,790
  • Mar 8, 2024 10:11am Mar 8, 2024 10:11am
Quoting Capablanca
{quote} That's dam good even for the capped months. I know we have to trade 10 days for each payout, which means 20 trading days in a month (almost no rest days), but even though is pretty good. And yes, the ideia is to max out the 20 accts. 10 already secured and 10 basically passed. I just have to flip contracts for the remaining days to pass (I was very lucky specially yesterday). Now I have to think how to approach this in a conservative way, different from the challenges.
I’m still just in the sniffing around process, but it appears that once funded, some traders switch from trading minis (ex. NQ) to micros (ex. MNQ).
A snails pace wins the race :-)
  • #32,791
  • Mar 8, 2024 10:11am Mar 8, 2024 10:11am
Quoting Capablanca
{quote} That's dam good even for the capped months. I know we have to trade 10 days for each payout, which means 20 trading days in a month (almost no rest days), but even though is pretty good. And yes, the ideia is to max out the 20 accts. 10 already secured and 10 basically passed. I just have to flip contracts for the remaining days to pass (I was very lucky specially yesterday). Now I have to think how to approach this in a conservative way, different from the challenges.
Keep going brother ! We want to see you make a $80K withdrawal one day ! .... I myself have been scalping GBPUSD which is 6BH4 in tradovate mini British Pound Futures. We have to make this happen !
Drawdown is more important than Account Size !
  • #32,792
  • Mar 8, 2024 10:15am Mar 8, 2024 10:15am
Quoting Capablanca
{quote} That's dam good even for the capped months. I know we have to trade 10 days for each payout, which means 20 trading days in a month (almost no rest days), but even though is pretty good. And yes, the ideia is to max out the 20 accts. 10 already secured and 10 basically passed. I just have to flip contracts for the remaining days to pass (I was very lucky specially yesterday). Now I have to think how to approach this in a conservative way, different from the challenges.
It’s easy money imo. 4K per month for the first three months then 90% split thereafter. Trade conservatly and she banks you 80k at a minimum. Not bad at all.
Trade with confidence, trade without fear.
  • #32,793
  • Mar 8, 2024 10:39am Mar 8, 2024 10:39am
To manage 20 Accounts with Apex from beginning to passing including two months to pass, throw in some resets and after passing you have the account activation fee's (lifetime) would run approx $7500 ... the reward is great at the end but trading futures is not as easy as it sounds. STRONG market discipline is needed.
Drawdown is more important than Account Size !
  • #32,794
  • Mar 8, 2024 10:41am Mar 8, 2024 10:41am
Quoting JustPipMe
{quote} I’m still just in the sniffing around process, but it appears that once funded, some traders switch from trading minis (ex. NQ) to micros (ex. MNQ).
You’re seeing yolo traders trying to get funded in one day. Risky strategy imo. If you’re trading the 50k accounts especially, to many wrong turns and the trailing DD will bury you. At that account size micros are the way to go.
Trade with confidence, trade without fear.
  • #32,795
  • Mar 8, 2024 10:48am Mar 8, 2024 10:48am
Quoting Cryptosurf
{quote} You’re seeing yolo traders trying to get funded in one day. Risky strategy imo. If you’re trading the 50k accounts especially, to many wrong turns and the trailing DD will bury you. At that account size micros are the way to go.
I agree a 100%
Drawdown is more important than Account Size !
  • #32,796
  • Mar 8, 2024 10:53am Mar 8, 2024 10:53am
Quoting CableJ
MFF should still be in business until the CFTC wins their case in court and then they get a court ordered shutdown after there is a guilty verdict against MFF.

Here we go again. There’s no such thing as a “guilty verdict” in a civil case. Honestly the level of understanding of what’s happening here is about zero.


Quoting pipmaster77
The now proven false accusations are what triggered the action in the first place.

And the allegation that MFF's "We win when you win" claim was dishonest - was that "proven false" or was it actually true? Honestly the level of understanding of what’s happening here is about zero.


Quoting pipmaster77
This has benefited no one at all

Apart from all the generations of future customers, the protection of whom is the CFTC’s primary public policy duty, you mean? Honestly the level of understanding of what’s happening here is about zero.


Quoting CableJ
The CFTC also talked to zero customers & presented zero CFTC consumer complaints against MFF.

Madoff’s customers were also very happy for about the first 25 years, as I remember?

Honestly the level of understanding of what’s happening here is about zero.
  • #32,797
  • Mar 8, 2024 10:54am Mar 8, 2024 10:54am
Quoting Cryptosurf
{quote} You’re seeing yolo traders trying to get funded in one day. Risky strategy imo. If you’re trading the 50k accounts especially, to many wrong turns and the trailing DD will bury you. At that account size micros are the way to go.
Absolutely. You only need $200 per day...the key is the copy trading accross 20 accounts. Once you hit the $200, close apex, if your system triggers another setup..... trade another prop, personal, etc....
  • #32,798
  • Mar 8, 2024 11:01am Mar 8, 2024 11:01am
Quoting KarlKraus
{quote} Here we go again. There’s no such thing as a “guilty verdict” in a civil case. Honestly the level of understanding of what’s happening here is about zero. {quote} And the allegation that MFF's "We win when you win" claim was dishonest - was that "proven false" or was it actually true? Honestly the level of understanding of what’s happening here is about zero. {quote} Apart from all the generations of future customers, the protection of whom is the CFTC’s primary public policy duty, you mean? Honestly the level of understanding of what’s...
Karl, because of dishonest marketing do you issue an SRO and seize all assets?

Coca cola would be gone by now if that was the case.

"The leading futures trading platform". Also misleading, because there are many futures platforms that are not prop firms who this describes more accurately, but its still used to misrepresent companies in the futures prop space.

You keep trying to be smart with your BOLD and underlined words, telling people who aren't americans how stupid they are because they dont use the right terms to describe legal actions in a country they (and you) aren't from. But you continue to be wrong. We understand you aren't savable, you told us we are not savable yet here you are, right on queue, posting that everyone is stupid because your biases are hurt.
  • #32,799
  • Mar 8, 2024 11:02am Mar 8, 2024 11:02am
Quoting Cryptosurf
{quote} You’re seeing yolo traders trying to get funded in one day. Risky strategy imo. If you’re trading the 50k accounts especially, to many wrong turns and the trailing DD will bury you. At that account size micros are the way to go.
Will take your advice. Thanx Crypto
A snails pace wins the race :-)
  • #32,800
  • Mar 8, 2024 11:02am Mar 8, 2024 11:02am
Quoting KarlKraus
{quote} Here we go again. There’s no such thing as a “guilty verdict” in a civil case. Honestly the level of understanding of what’s happening here is about zero. {quote} And the allegation that MFF's "We win when you win" claim was dishonest - was that "proven false" or was it actually true? Honestly the level of understanding of what’s happening here is about zero. {quote} Apart from all the generations of future customers, the protection of whom is the CFTC’s primary public policy duty, you mean? Honestly the level of understanding of what’s...
Yes, all of those future customers are now ACTUALLY getting scammed by the sme "we win when you win model". The issues we are seeing now with the companies that somehow, have been allowed to continue.......never existed at MFF.
The CFTC duty is to protect the futures market......that is all, period. You are clearly the one who's head is so far buried in the sand, you have no clue what is going on, but somehow you believe the opposite is true.
63 traders viewing now