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Anyone trading with a Prop firm 31 replies

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  • #36,441
  • Edited 9:37pm May 13, 2024 11:17am | Edited 9:37pm
Quoting Expo33
{quote} Yes still doing Darwinex Zero From their FAQ: {image} As Sampat says the risk engine will scale you down if you overleverage anyways. For example, If I trade more than 3 lots on GBP/USD the risk engine will start scaling me down but 3 lots is more than enough on 100K to make profits and build a track record. It's all about the track record.
30;1 is more than enuff.

Currently the offer from FXIFY for me is 30;1
Intraday only.
  • #36,442
  • May 13, 2024 11:20am May 13, 2024 11:20am
Quoting Capablanca
The bankruptcy of TFF explained in one photo. https://twitter.com/dezzifinance/sta...48253867614247
sad news to prop Industry yet again.
Intraday only.
  • #36,443
  • May 13, 2024 11:24am May 13, 2024 11:24am
Quoting Expo33
{quote} Yes still doing Darwinex Zero From their FAQ: {image} As Sampat says the risk engine will scale you down if you overleverage anyways. For example, If I trade more than 3 lots on GBP/USD the risk engine will start scaling me down but 3 lots is more than enough on 100K to make profits and build a track record. It's all about the track record.
I am not with darwinex yet

Would study it full.
Intraday only.
  • #36,444
  • May 13, 2024 11:26am May 13, 2024 11:26am
Quoting Capablanca
The bankruptcy of TFF explained in one photo. https://twitter.com/dezzifinance/sta...48253867614247
Yep all those kids now rugpulling prop firms but they millionares now
  • #36,445
  • May 13, 2024 11:32am May 13, 2024 11:32am
Quoting anthon25
{quote} EA is closed. Increasing lot is aborted, need to keep on low DD (DD has increased from previous week, yet it is still below 1%). Standby for new week to come {image} {image}
Day 11... Almost there, Robot
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #36,446
  • May 13, 2024 11:42am May 13, 2024 11:42am
Quoting navk
{quote} I am not with darwinex yet Would study it full.
The video playlist on Youtube for Darwinex Zero is excellent
Pride always comes before destruction.... -Proverbs 16:18
  • #36,447
  • May 13, 2024 11:42am May 13, 2024 11:42am
Quoting Novazor
{quote} Yep all those kids now rugpulling prop firms but they millionares now
Yeah, If the CFTC didnt shut down MFF and scare MQL to pull these props' licences, we would be having 100 new props popping up daily right now. The business was truly profitable for these "CEOs". I guess something good came out of MFF's shutdown.
  • #36,448
  • May 13, 2024 11:45am May 13, 2024 11:45am
Quoting Inception12
{quote} Yeah, If the CFTC didnt shut down MFF and scare MQL to pull these props' licences, we would be having 100 new props popping up daily right now. The business was truly profitable for these "CEOs". I guess something good came out of MFF's shutdown.
I am not sure how it is good? Even if there is 1000 fake ponzi prop firms and payout money. Why do we as a trader care about real or fake?
  • #36,449
  • May 13, 2024 11:58am May 13, 2024 11:58am
Quoting navk
{quote} sad news to prop Industry yet again.
Yea, i had most of accounts there lol
Now ftmo is only way until i recover. Dejavu, last year had same thing with them,but then they recovered. Now as i can see, 0 chances
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #36,450
  • May 13, 2024 12:01pm May 13, 2024 12:01pm
Quoting SkullCandy
{quote} Yea, i had most of accounts there lol Now ftmo is only way until i recover. Dejavu, last year had same thing with them,but then they recovered. Now as i can see, 0 chances
We talked enuff of prop firm failures.

Hopefully futures survives. I do not trade and do not know to trade futures.

My advice is real money account with mt4/mt5 account for longer run.

Those who need capital can do prop firm and make some capital.
Intraday only.
  • #36,451
  • May 13, 2024 12:01pm May 13, 2024 12:01pm
Quoting Expo33
{quote} Sorry to anyone that had an account with TFF. It's so relaxing not having to worry about Forex props anymore.

Yeah, feel sorry for Capa, BillGU, and other traders.
  • #36,452
  • May 13, 2024 12:16pm May 13, 2024 12:16pm
Quoting Contessa22
{quote} Yeah, feel sorry for Capa, BillGU, and other traders.
That's why diversification is important. We hope that they don't go down all at the same time.

Anyway, it was a nice ride with TFF these years. I was checking my records and my first challenge there (of several) was bought in Nov 2021, still when we only had 30 days for phase 1 and 60 for phase 2. So many things happened since then.
  • #36,453
  • Edited 2:26pm May 13, 2024 2:11pm | Edited 2:26pm
If I recall TFF was the one who shamelessly cloned MFF’s website in the beginning. Had a few payouts from them, then gave me the finger when their server froze for 6 hours resulting in blown account.

Karma always wins in the end.
Trade with confidence, trade without fear.
  • #36,454
  • May 13, 2024 2:39pm May 13, 2024 2:39pm
I was with TFF since 2 years and they were for me one of the best propfirm (in term of trust). They always were transparent on Discord and they never denied me a payout. Sad news.
  • #36,455
  • May 13, 2024 3:20pm May 13, 2024 3:20pm
I don't know who they are but it's good advertising

https://twitter.com/bulloai/status/1789989036230115732
  • #36,456
  • May 13, 2024 4:02pm May 13, 2024 4:02pm
Quoting Cryptosurf
Karma always wins in the end.
-One would hope so, but I cannot help but wonder how much they decided to pocket for themselves before actually pulling the plug.
  • #36,457
  • May 13, 2024 4:09pm May 13, 2024 4:09pm
Wasn't too long ago that TFF was mentioned as one of the trusted firms.
Was thinking about starting an account there but I went with FTMO at that time. Then the MT5 issue hit them.
  • #36,458
  • May 13, 2024 4:35pm May 13, 2024 4:35pm
Quoting Capablanca
I don't know who they are but it's good advertising https://twitter.com/bulloai/status/1789989036230115732
Yeah, the stuff long term relationships are built on. Just like the prop industry.
Love you and leave you…
  • #36,459
  • May 13, 2024 4:57pm May 13, 2024 4:57pm
Quoting DwnUndrTrdr
{quote} Yeah, the stuff long term relationships are built on. Just like the prop industry. Love you and leave you…
Ran by this kiddo

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Trade with confidence, trade without fear.
  • #36,460
  • May 13, 2024 5:29pm May 13, 2024 5:29pm
Is AMC the next GME? lol… Damn Redditors…
A snails pace wins the race :-)
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