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  • #34,181
  • Apr 5, 2024 11:16am Apr 5, 2024 11:16am
Quoting montygoldy
For me only paid service is Tradingview. Bought a yearly package.
Ah, yes. I've got subscription with them as well. How could I have forgotten?

I came across https://gocharting.com/ the other day. It's like Tradingview but allows using L2 of order book. I do not use it, but it seems like it might also be a handy alternative for FUT traders “on the go”.
  • #34,182
  • Apr 5, 2024 11:20am Apr 5, 2024 11:20am
Quoting PropDude1234
{quote}CFDs were designed a sophisticated / complex financial product. They're not a simple savings account with your bank. Fine for those with the experience and qualifications who understood them. However, as expected, brokers etc got greedy and aimed them at people who they weren't suitable for and focused near-exclusively on a model where they were directly profiting from the losses of the people they were targeting. The people they knew they shouldn't be targeting and people they'd 'help' through the KYC / product knowledge. People they'd then...
No time to actually read your post.

I just lost my left leg in a shark attack.

The government didn't warn be about the dangers of swimming in shark infested waters.
Pride always comes before destruction.... -Proverbs 16:18
  • #34,183
  • Apr 5, 2024 11:23am Apr 5, 2024 11:23am
Quoting PropDude1234
{quote}CFDs were designed a sophisticated / complex financial product. They're not a simple savings account with your bank. Fine for those with the experience and qualifications who understood them.
Can you elaborate on the sophistication of CFDs? I thought it's just a derivative which “follows” the price of the underlying asset. Is there more than that?
  • #34,184
  • Apr 5, 2024 11:57am Apr 5, 2024 11:57am
@TraderNok on X: "I did had a discussion related to some other thing. Things are some what fluid. But MT likley to continue offering services to eval firms [with some specific clauses]. Don't take it as the final word as there are some dynamics to it. Note - US court decision is not yet out."
  • #34,185
  • Apr 5, 2024 12:04pm Apr 5, 2024 12:04pm
Quoting TrAndy1
{quote} Hi, i use Replikanto with Ninjatrader, so I can use the Rithmic feed. Worked fine, but trailing is not so for me. And I needed to switch symbols, as I am not so Indices focused. So with your experience, which props made problems to you ? MyFlash kicked you out and FundingTraders scammed you. And the other 3 props was which ? Because you said 5 props made problems to you. And second, over the past 4 months or so how much did you invest in total and how much did you get in payouts ?
skilledfundedtrader, bespoke
Extreme gut feeling trader
  • #34,186
  • Apr 5, 2024 12:06pm Apr 5, 2024 12:06pm
So cool from TraderNok: "I'm on my mission of 7 digit payouts in 6 months. got into 3 funded accounts. More will get added."
  • #34,187
  • Apr 5, 2024 12:09pm Apr 5, 2024 12:09pm
Quoting mcquak
{quote} Can you elaborate on the sophistication of CFDs? I thought it's just a derivative which “follows” the price of the underlying asset. Is there more than that?
To people who frequent Forex Factory they're simple.

It's by definition complex because it's a high-risk leveraged product which can result in significant losses and could result in the investor losing more than they invested (though negative balance protection now applies in EU / UK for retail).

Contrast that to the 'investment' products the people being targeted were usually exposed to - savings' accounts, ISAs, unleveraged funds via their bank, pensions, investment vehicles on the back of authorised and insured by advice from financial advisors.
  • #34,188
  • Apr 5, 2024 12:10pm Apr 5, 2024 12:10pm
Quoting montygoldy
{quote} skilledfundedtrader, bespoke
What did they say on Bespoke ? Did you get your payout and kicked out like me or even worse and they did not payout you ? I understand your position and opinion regarding FX props. But the static DD makes it much more comfortable. Diversification is the key for me. Best is to have at least 10+ firms. If you want to do future props, then I would go with Savius, as they have, THE ONLY ONE IN THAT SUM, have 20k static DD with no trailing DD at all. Pricing for it is also good. All the best.
https://en.saviusllc.com/challenge-game-changer/
  • #34,189
  • Apr 5, 2024 12:11pm Apr 5, 2024 12:11pm
Quoting montygoldy
{quote} my trading losses doesnt breach/violate any rules.
I know but you know as well how most props look for excuses, it's your word against them even if you are right so you shouldn't give them chance to do it. I see you stick to futures now but feel sorry for your losses. You helped us a lot everyone see from your example that forex props with 100-200k accounts is pure risk now and waste of time. Good luck with Apex.

Anyway as I said few days ago in my view Apex will have problems with payouts sooner or later, too many good traders join them and with discounts they offer it's like ticking bomb for me. They earn mostly from PA activation fees.
  • #34,190
  • Apr 5, 2024 12:14pm Apr 5, 2024 12:14pm
Quoting TrAndy1
@TraderNok on X: "I did had a discussion related to some other thing. Things are some what fluid. But MT likley to continue offering services to eval firms [with some specific clauses]. Don't take it as the final word as there are some dynamics to it. Note - US court decision is not yet out."
Quoting TrAndy1
So cool from TraderNok: "I'm on my mission of 7 digit payouts in 6 months. got into 3 funded accounts. More will get added."
He's an interesting guy.

Very switched on and realistic about the prop space, risk and law, but total dreamer with nonsense about a 7 figure payout.
  • #34,191
  • Edited 12:34pm Apr 5, 2024 12:20pm | Edited 12:34pm
Quoting Expo33
{quote} No time to actually read your post. I just lost my left leg in a shark attack. The government didn't warn be about the dangers of swimming in shark infested waters.
You don't have much of an argument if you have to resort to silly comparisons.

To play along with the absurdity, sharks 'target' people who swim in their domain. If the sharks start putting ads on the tube to encourage people who otherwise wouldn't swim with them (and mislead on the risks of doing so), then perhaps the dangerous fish regulator would step in.

The European CFD brokers were left alone with the high leverage until they got greedy. They brought it on themselves. Least the European regulators allow CFDs even after they were abused, unlike 'the land of the free'.
  • #34,192
  • Apr 5, 2024 12:33pm Apr 5, 2024 12:33pm
Quoting TrAndy1
{quote} What did they say on Bespoke ? Did you get your payout and kicked out like me or even worse and they did not payout you ? I understand your position and opinion regarding FX props. But the static DD makes it much more comfortable. Diversification is the key for me. Best is to have at least 10+ firms. If you want to do future props, then I would go with Savius, as they have, THE ONLY ONE IN THAT SUM, have 20k static DD with no trailing DD at all. Pricing for it is also good. All the best. https://en.saviusllc.com/challenge-game-changer/...
The best futures prop if no payout problems.
  • #34,193
  • Apr 5, 2024 12:35pm Apr 5, 2024 12:35pm
Quoting ladder
{quote} The best futures prop if no payout problems.
I think so, as they should be reputable. They are old and have real offices with real prop traders. Not run by 20 years old and virtual offices with no traders around.
  • #34,194
  • Apr 5, 2024 12:45pm Apr 5, 2024 12:45pm
Quoting montygoldy
DOw is so clean long today... Could have banked 2k on the funded accounts today alone.... THis 30% consistency rule. Had to close way to early in order not to go beyond. Banked only 500bucks {image}
Yup. Got my fair share of Dow buys today.
We're not here to be right, we're here to Profit Consistently!
  • #34,195
  • Apr 5, 2024 12:56pm Apr 5, 2024 12:56pm
Quoting youngD
{quote} I know but you know as well how most props look for excuses, it's your word against them even if you are right so you shouldn't give them chance to do it. I see you stick to futures now but feel sorry for your losses. You helped us a lot everyone see from your example that forex props with 100-200k accounts is pure risk now and waste of time. Good luck with Apex. Anyway as I said few days ago in my view Apex will have problems with payouts sooner or later, too many good traders join them and with discounts they offer it's like ticking bomb...
Whay if you just get funded with small 50k accounts let's say and go with 10 or up to 20 prop firms and just profit small, let's say 3k to 5k per account per firm. So you don't look like a huge threat to them. At least you get paid by all the firms and it might look small in one account but if you combine the 20 50k accounts, you can still get good amount of profit. Just need to be not so greedy.
We're not here to be right, we're here to Profit Consistently!
  • #34,196
  • Apr 5, 2024 1:11pm Apr 5, 2024 1:11pm
Quoting TrAndy1
{quote} I think so, as they should be reputable. They are old and have real offices with real prop traders. Not run by 20 years old and virtual offices with no traders around.
never heard of them, where they have offices ? How long are they in business ?
  • #34,197
  • Apr 5, 2024 1:23pm Apr 5, 2024 1:23pm
Quoting Stoneyrocks
{quote} never heard of them, where they have offices ? How long are they in business ?
Looks very new, broken links on web page to all their socials, about us is a 404 page not found. You have to use only one obscure platform. 2 contract limit and pricey as fuck.

Hard pass.
Trade with confidence, trade without fear.
  • #34,198
  • Apr 5, 2024 1:34pm Apr 5, 2024 1:34pm
Quoting montygoldy
Matter of fact is i am done with forex prop firms except ftmo. I joined forces to make good money not measely 1k or 2k a month. One firm after another coming up different ways to stop you pay a single dime. Not once this is my fifth instance with different firms where they blatantly denied me for being profitable and win fair n square. When you spend so much effort to pass whiich hardly 10% do it as their own email states and then as me i have go fight for each n every thing. This is not worth my time and efforts. I am officially moving on to FUTURES...
Risk Management departments reviewing Monty's accounts

Inserted Video
  • #34,199
  • Apr 5, 2024 1:41pm Apr 5, 2024 1:41pm
Quoting Stoneyrocks
{quote} never heard of them, where they have offices ? How long are they in business ?
Savius is very old. They had new models implemented over the last couple of years. This actual model is the latest one. You can also find more info on youtube I think. Otherwise google more. https://en.saviusllc.com/table-size/ You can trade 8 minis on the 200k account with 20k static mac. Drawdown. And it allows USA residents.
  • #34,200
  • Apr 5, 2024 1:48pm Apr 5, 2024 1:48pm
Quoting TrAndy1
{quote} Savius is very old. They had new models implemented over the last couple of years. This actual model is the latest one. You can also find more info on youtube I think. Otherwise google more. https://en.saviusllc.com/table-size/ You can trade 8 minis on the 200k account with 20k static mac. Drawdown. And it allows USA residents.
And all their is in Italian and expensive as fugg.
Trade with confidence, trade without fear.
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