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Anyone trading with a Prop firm 31 replies

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  • #38,941
  • Jul 9, 2024 9:23pm Jul 9, 2024 9:23pm
Quoting montygoldy
{quote} Static are expensive better go with trailing dirt cheap evaluations.......Its not that hard if you profitable with static easier to pass trailing coz you take profits quickly rather than trade reversing on you...
Thanks for the feedback. I trail my stop so the trailing doesn’t suit my current style and would require a different approach.
Keep up the good work with your game
  • #38,942
  • Jul 9, 2024 9:42pm Jul 9, 2024 9:42pm
https://www.forexfactory.com/thread/...7#post14926087

For anyone trading prop-firm gold.....should be good for some points.
  • #38,943
  • Jul 9, 2024 10:52pm Jul 9, 2024 10:52pm
Quoting woody70
{quote} Yeah Discord is blowing up. I really thought they were different but seems like the same shit.
That's what I call very flexible broker. days bevore too: Clear information about new rules? none. Missing Contract compliance.
No information to me last night, all trades were just closed - eat it. (edit: founded now in Spam) Hedge pyramid broken, money taken... nice to meet you funded peaks.
  • #38,944
  • Jul 9, 2024 11:41pm Jul 9, 2024 11:41pm
Quoting Isabella_D
{quote} That's what I call very flexible broker. days bevore too: Clear information about new rules? none. Missing Contract compliance. No information to me last night, all trades were just closed - eat it. (edit: founded now in Spam) Hedge pyramid broken, money taken... nice to meet you funded peaks.
Yeah I saw in the discord they were telling people to close trades manually as soon as possible to start the migration. Submit a ticket if you got screwed over they might make it right.
  • #38,945
  • Jul 10, 2024 12:42am Jul 10, 2024 12:42am
Quoting woody70
{quote} Yeah Discord is blowing up. I really thought they were different but seems like the same shit.
I'll still give Josh a couple of weeks to show up, though it's tough. Let's see. Migration to ctrader was done overnight but not ready yet, I think.
  • #38,946
  • Jul 10, 2024 12:46am Jul 10, 2024 12:46am
Quoting Nehemah
{quote} As many others, I'm waiting my payout since....almost 2 months. This prop was really excellent but became one of the worst in some weeks (terrible slippage, payout delayed, bad support, zero communication of the CEO) Well, I still dare to believe that a second wind is being prepared.
What I find strange here is that while Flash is having horrible delays in payouts, Blue is paying faster than ever...
  • #38,947
  • Jul 10, 2024 1:43am Jul 10, 2024 1:43am
Quoting Capablanca
{quote} I'll still give Josh a couple of weeks to show up, though it's tough. Let's see. Migration to ctrader was done overnight but not ready yet, I think.
For me, ctrader is running completely. But yesterday's closing was ashes. I received no warning.
  • #38,948
  • Jul 10, 2024 2:31am Jul 10, 2024 2:31am
My ctrader in Peaks is right well now. Already opened a trade to test.
I got an email from Peaks only at 19:50 London time. They should have alerted before because I see it first here or in twitter, I can't remember.
  • #38,949
  • Jul 10, 2024 2:39am Jul 10, 2024 2:39am
metaquotes when they terminate give hours not days to provide proof of termination its doubtful there was time to massage the situation.
  • #38,950
  • Edited 3:29am Jul 10, 2024 3:01am | Edited 3:29am
It is well known that prop companies sometimes have to juggle. A newcomer firm needs a little bit time, Service has to learn - all clear and ok.
For me, the camel's back has just broken mentally because it's becoming more and more common for firms not to take contracts seriously. Bought as seen. Basta. And don't: take a look on Twitter or other social media to see whether a rule has recently been changed. Then you get something packed in an advertising email at the end: from now on 2% of profit and loss, from now on 0.5% ... no basis for that, so 2% of the weather? That was the case several times. Rules somehow distributed in lots of FAQ without date, find it together. If you ask for clarification: oh, relax, the rule no longer applies. Rules come and go by the way. If I buy a car, will someone come and take off the wheels and take off the doors? Dashboard frozen for hours every day...I hoped it will be otherwise with normally strict acting BaFin (supervision).
edit 10:27 MESZ, mail from FP
...Die Situation hat sich sehr schnell entwickelt und unsere Hauptpriorität war es, jeden so schnell wie möglich zu Ctrader zu migrieren, was bis auf ein paar kleine Details und einige Fehler, die korrigiert werden müssen, bereits geschehen ist.
Wir werden sehr bald unsere Zukunftspläne und einen Entschädigungsplan bekannt geben. Bitte warten Sie auf diese Ankündigung, da wir nichts bearbeiten können, bevor dies geschieht....
The situation developed very quickly and our main priority was to migrate everyone to Ctrader as quickly as possible, which has already happened except for a few small details and a few errors that need to be corrected. We will announce our future plans and a compensation plan very soon. Please wait for this announcement as we cannot process anything until this happens.
  • #38,951
  • Jul 10, 2024 3:21am Jul 10, 2024 3:21am
Quoting Takisd
metaquotes when they terminate give hours not days to provide proof of termination its doubtful there was time to massage the situation.
The only criticism I have for Peaks here is not having shoot an email immediately, asking to close position by the EOD.

Email came much after I had learned about it somewhere else.

Props should stop assuming that we're all in Discord or social media, at every moment. Email should still be the first channel for communications (or at lest at the same time than any others channels).

It can be a week or more that I don't go to Discord. That thing causes me damages and knots in my already fragile prop brain.
  • #38,952
  • Jul 10, 2024 3:45am Jul 10, 2024 3:45am
Quoting Capablanca
{quote} The only criticism I have for Peaks here is not having shoot an email immediately, asking to close position by the EOD. Email came much after I had learned about it somewhere else. Props should stop assuming that we're all in Discord or social media, at every moment. Email should still be the first channel for communications (or at lest at the same time than any others channels). It can be a week or more that I don't go to Discord. That thing causes me damages and knots in my already fragile prop brain.
it seems to be a trend with props. social first email later. I dont know why but probably because the social channels are quicker than a mass email system.
  • #38,953
  • Jul 10, 2024 4:05am Jul 10, 2024 4:05am
Quoting Takisd
{quote} it seems to be a trend with props. social first email later. I dont know why but probably because the social channels are quicker than a mass email system.
no, they want you to come in to twitter and x-others to like them. You has to spend your time for there marketing.
Otherwise they could publish on there own web-side.
  • #38,954
  • Jul 10, 2024 4:25am Jul 10, 2024 4:25am
Quoting Capablanca
{quote} What I find strange here is that while Flash is having horrible delays in payouts, Blue is paying faster than ever...
Indeed blue seems in great shape. Momentarily ?
  • #38,955
  • Jul 10, 2024 4:43am Jul 10, 2024 4:43am
Quoting Isabella_D
{quote} no, they want you to come in to twitter and x-others to like them. You has to spend your time for there marketing. Otherwise they could publish on there own web-side.
the same can be done via email though.
  • #38,956
  • Jul 10, 2024 4:53am Jul 10, 2024 4:53am
Quoting Takisd
{quote} the same can be done via email though.
This is preferable in hard cases anyway. They publish on the channels (including important things) to expand their reach.
It's not just you reading (mail), but 10-500 more people who didn't know about the props before. And the affiliates are the court gossips.
Of course you know all this.
  • #38,957
  • Jul 10, 2024 5:00am Jul 10, 2024 5:00am
Quoting Isabella_D
{quote} This is preferable in hard cases anyway. They publish on the channels (including important things) to expand their reach. It's not just you reading (mail), but 10-500 more people who didn't know about the props before. And the affiliates are the court gossips. Of course you know all this.
i really dont like affiliates so i agree with you
  • #38,958
  • Jul 10, 2024 5:06am Jul 10, 2024 5:06am
Quoting Capablanca
{quote} The only criticism I have for Peaks here is not having shoot an email immediately, asking to close position by the EOD. Email came much after I had learned about it somewhere else. Props should stop assuming that we're all in Discord or social media, at every moment. Email should still be the first channel for communications (or at lest at the same time than any others channels). It can be a week or more that I don't go to Discord. That thing causes me damages and knots in my already fragile prop brain.
Hi Capa,


how long you have been with Peaks ? ctrader ?
what is your experience ? Good spreads ?
  • #38,959
  • Jul 10, 2024 5:38am Jul 10, 2024 5:38am
Quoting Takisd
{quote} it seems to be a trend with props. social first email later. I dont know why but probably because the social channels are quicker than a mass email system.
Yeah, it seems that Emails are a thing from the past now. Everyone is supposed to be "connected" now. And it has many benefits for businesses, including being able to modify their communication on the fly depending on instant feedbacks!
Don't give up on your dreams. Keep sleeping.
  • #38,960
  • Jul 10, 2024 5:45am Jul 10, 2024 5:45am
Quoting Nehemah
{quote} Indeed blue seems in great shape. Momentarily ?
Who knows ? I'm just being factual. Last 2 payouts were processed in a couple of hours (money in Rise and account unfrozen).
I may have a tiny profit early next week if I don't blow it. Let's see if they go on.
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