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  • #39,001
  • Jul 11, 2024 9:57am Jul 11, 2024 9:57am
Not a good day.......Lost all the evals..... Not yolo'ing damn 5 losses in a row tried to buy Nasdaq falling knife 2 contracts only.. Need to grow patience for evals account...

1. Overall PA accounts target hit
2. Going to reset all the Evals. Thanks to Apex last payouts my limit to eval buying increased to 1000evals....
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Extreme gut feeling trader
  • #39,002
  • Jul 11, 2024 10:44am Jul 11, 2024 10:44am
Quoting montygoldy
Not a good day.......Lost all the evals..... Not yolo'ing damn 5 losses in a row tried to buy Nasdaq falling knife 2 contracts only.. Need to grow patience for evals account... 1. Overall PA accounts target hit 2. Going to reset all the Evals. Thanks to Apex last payouts my limit to eval buying increased to 1000evals.... {image}
Man, I appreciate and have a respect for what you are doing......I would've had a heart attack by now trading the way you do.
  • #39,003
  • Jul 11, 2024 10:48am Jul 11, 2024 10:48am
Quoting montygoldy
Not a good day.......Lost all the evals..... Not yolo'ing damn 5 losses in a row tried to buy Nasdaq falling knife 2 contracts only.. Need to grow patience for evals account... 1. Overall PA accounts target hit 2. Going to reset all the Evals. Thanks to Apex last payouts my limit to eval buying increased to 1000evals.... {image}
I also lost my FTMO challenge. It was the equity stop loss in the EA. I can still continue the challenge but I do not want - it will take time to recover todays stop loss. I don't give a damn not pasing the challenge. After some months, I can sign up for a challenge for cost which I don't see significant.
  • #39,004
  • Jul 11, 2024 10:50am Jul 11, 2024 10:50am
Signed up with Darwinex zero.

Used discount code given by Expo. 28 Euros
Intraday only.
  • #39,005
  • Jul 11, 2024 10:54am Jul 11, 2024 10:54am
The Darwinex emails are coming in different language, not in english.

I dunno whow to change or tell them to send in english ?
Intraday only.
  • #39,006
  • Jul 11, 2024 11:13am Jul 11, 2024 11:13am
Quoting pipmaster77
{quote} Man, I appreciate and have a respect for what you are doing......I would've had a heart attack by now trading the way you do.
You know why i feel risk free coz i am playing with house money...... meaning payouts funds further evals.... at this point i am net 100k+ profit for the year from just prop firms.... so in my mind i have 100k to buy evals...... thats why i dont care much about lost accounts...
Extreme gut feeling trader
  • #39,007
  • Jul 11, 2024 11:35am Jul 11, 2024 11:35am
Quoting Expo33
{quote} Looking good! Just having a second account for me is making my brain work overtime. Like I'm playing hide and seek with the correlation police.
some error message coming.

I sent email to them
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Intraday only.
  • #39,008
  • Jul 11, 2024 11:37am Jul 11, 2024 11:37am
Quoting montygoldy
Not a good day.......Lost all the evals..... Not yolo'ing damn 5 losses in a row tried to buy Nasdaq falling knife 2 contracts only..
//-----

for me either..... can't figure what is keeping r2k up > 3% for the day...... 3%..... while the 100 and 500 best stocks are falling.....

thought i was going to be working the storm this week in texas so i followed you buying the 150k evaluations just to have something to do while working.....

didn't get called for texas and almost lost those evaluations today.....

keep expecting them to dump the r2k and buy the nq and mes......

don't look so good.....h
to trade and code, keep both simple... no call to impress....h
  • #39,009
  • Jul 11, 2024 11:37am Jul 11, 2024 11:37am
Quoting montygoldy
{quote} You know why i feel risk free coz i am playing with house money...... meaning payouts funds further evals.... at this point i am net 100k+ profit for the year from just prop firms.... so in my mind i have 100k to buy evals...... thats why i dont care much about lost accounts...
respect , you are more successful then 99,99% of all traders will ever get. 100k is already a very high Paid second income additional to your regular job.
how high are the tax rates in your country for prop income?

the tax situation for prop is maybe more strange for trading , losses from one year you cant compensate with wins from other years because its income tax , or is this different?
  • #39,010
  • Jul 11, 2024 11:38am Jul 11, 2024 11:38am
Quoting montygoldy
{quote} You know why i feel risk free coz i am playing with house money...... meaning payouts funds further evals.... at this point i am net 100k+ profit for the year from just prop firms.... so in my mind i have 100k to buy evals...... thats why i dont care much about lost accounts...
Yeah, I get it.....but you are clearly good enough to grab $200 a day, copy accross 30 accounts at apex, topstep, takeprofittrader and you're pulling 6K per day.
Can't argue with your success, I just wouldn't be able to handle the ups and downs....I like slow and consistent.
  • #39,011
  • Jul 11, 2024 11:52am Jul 11, 2024 11:52am
Quoting navk
{quote} some error message coming. I sent email to them {image}
Maybe a temporary glitch. Email response takes 24 hours
Pride always comes before destruction.... -Proverbs 16:18
  • #39,012
  • Jul 11, 2024 12:09pm Jul 11, 2024 12:09pm
Quoting pipmaster77
{quote} Yeah, I get it.....but you are clearly good enough to grab $200 a day, copy accross 30 accounts at apex, topstep, takeprofittrader and you're pulling 6K per day. Can't argue with your success, I just wouldn't be able to handle the ups and downs....I like slow and consistent.
this are the 2 ways. i am also like you, i would prefer 1 million percentage over 20 years timeframe over fast and rich risky ways with many up and downs.
both ways have advantages and disadvantages. maybe we die before 20 years are over .
  • #39,013
  • Jul 11, 2024 12:15pm Jul 11, 2024 12:15pm
Quoting pipmaster77
{quote} Yeah, I get it.....but you are clearly good enough to grab $200 a day, copy accross 30 accounts at apex, topstep, takeprofittrader and you're pulling 6K per day. Can't argue with your success, I just wouldn't be able to handle the ups and downs....I like slow and consistent.
I want lambo money now........ I dont want to build for future ... I want to print money now and enjoy it.....
Extreme gut feeling trader
  • #39,014
  • Jul 11, 2024 12:16pm Jul 11, 2024 12:16pm
Quoting Trader191
{quote} respect , you are more successful then 99,99% of all traders will ever get. 100k is already a very high Paid second income additional to your regular job. how high are the tax rates in your country for prop income? the tax situation for prop is maybe more strange for trading , losses from one year you cant compensate with wins from other years because its income tax , or is this different?
0 tax for now i guess ... coz i dont use the money for personal use..... Maybe next tax season i would ask my CPA......
Extreme gut feeling trader
  • #39,015
  • Jul 11, 2024 12:17pm Jul 11, 2024 12:17pm
Clown Khaled strikes again. This guy is on his way to beat Angelo and the task seemed almost impossible.
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  • #39,016
  • Jul 11, 2024 12:19pm Jul 11, 2024 12:19pm
Quoting Capablanca
Clown Khaled strikes again. This guy is on his way to beat Angelo and the task seemed almost impossible. {image}
there are only a few people in the prop space who can match Angelo, Khaled Matt Leech and Justin hertzberg.
  • #39,017
  • Jul 11, 2024 12:22pm Jul 11, 2024 12:22pm
Quoting montygoldy
Not a good day.......Lost all the evals..... Not yolo'ing damn 5 losses in a row tried to buy Nasdaq falling knife 2 contracts only.. Need to grow patience for evals account... 1. Overall PA accounts target hit 2. Going to reset all the Evals. Thanks to Apex last payouts my limit to eval buying increased to 1000evals.... {image}
Today I also got fooled again by randomness. A simple foolish mistake of removing the stop loss before red news which, assuming its effect would be normal, and then forgetting to put it back on. As a result, floating losses reached around 10%. The account got stopped.

A deluge from the Bank of Japan

The new account is only 5 days age in effective trading, with a meager 1.8% profit. Fortunately, the purchase price of the account was cheap, $62 (for a 10k account).

Then, if the loss is already 9% nearing the 10% limit, it's also challenging to overcome the challenge phase.

A thousand and one other mistakes can happen to anyone. So now, what next? Buy a new account or reset but profit is not guaranteed. Rinse and repeat.
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fooled by randomness in art
Meditation All Time Return: 8.9%
  • #39,018
  • Jul 11, 2024 12:28pm Jul 11, 2024 12:28pm
I stop trading my apex accounts when all the system issues started. I think I haven't traded them for 3 or 4 weeks (that's the advantage of having paid the lifetime, no pressure).

Is is already safe to go back to Apex with Rithmic ? What has been your experience in terms of stability of the system.
  • #39,019
  • Jul 11, 2024 12:32pm Jul 11, 2024 12:32pm
Quoting montygoldy
{quote} 0 tax for now i guess ... coz i dont use the money for personal use..... Maybe next tax season i would ask my CPA......
ah ok, this rules for "no taxes because for no personal use" we dont have in Europe. so its much less favorable in Europe because you would lose 42% (at least in germany) or even more because you increase the tax for job income too (depends how high is job payment already) and cant compensate with losses of other years.
  • #39,020
  • Jul 11, 2024 12:34pm Jul 11, 2024 12:34pm
Quoting montygoldy
{quote} I want lambo money now........ I dont want to build for future ... I want to print money now and enjoy it.....
well 6K per day should provide a pretty decent lifestyle.
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