Prop Firm Hub | Page 1981 | 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

  • #39,601
  • Jul 20, 2024 2:52am Jul 20, 2024 2:52am
Quoting RoelsMajor
{quote} So, is it not necessary to wait until the end of the one-month subscription period for the track record to be erased (for cancellation), or should you create a new account with a different email? LOL Darwinex just sent me this... {image}
I just made a new account with a new email
Pride always comes before destruction.... -Proverbs 16:18
  • #39,602
  • Jul 20, 2024 2:55am Jul 20, 2024 2:55am
Quoting Expo33
{quote} I cancelled my two accounts yesterday and started a new one this morning for $20 with the promo code
which promo code ?
  • #39,603
  • Jul 20, 2024 3:16am Jul 20, 2024 3:16am
Quoting Stoneyrocks
{quote} which promo code ?
RoelsMajor told me about it from the propfirmmatch site.

Use promo code "MATCH" and you get 20 Euros off first month sign up so it cost me like less than $20 US
Pride always comes before destruction.... -Proverbs 16:18
  • #39,604
  • Jul 20, 2024 3:26am Jul 20, 2024 3:26am
Quoting Expo33
{quote} I think it has to because the engine will ultimately determine your position size anyways. . Finally getting a grasp on how the engine works and how the overall funding model works makes it clear for me that I need to trade way smaller. IMO, 2-3 lots exposure on the forex account is too much for me. One lot, 20 pips a day = 1% per week is a much better plan Having said that my trading mentality is schizoprenic.
if people traded retail prop this size instead of 300 lots then the model becomes more realistic.
  • #39,605
  • Jul 20, 2024 3:28am Jul 20, 2024 3:28am
Quoting RoelsMajor
{quote} Darwinex uses Value at Risk (VaR), which is a Mediocristan statistic that quantifies the extent of possible financial losses within a firm, portfolio, or position over a specific time frame. This is quite good as a risk engine, but what is actually better is Extremistan statistics, which means risk should always be reduced to the point where it no longer presents excessive risk opportunities: for example, a fixed daily trade risk of only (in percentages) 0.1, 0.2, or 0.3, which we do not find in Darwinex. I have revised my rating for Darwinex’s...
i disagree with your last statement because if your risk size is limited from force then your human nature is controlled a bit
  • #39,606
  • Jul 20, 2024 3:40am Jul 20, 2024 3:40am
Quoting Takisd
{quote} i disagree with your last statement because if your risk size is limited from force then your human nature is controlled a bit
It's not about psychology; it's about law. Law can regulate psychology but not change it. Learning psychology without understanding life sciences is like studying economics without mathematics. Controlling psychology does not mean changing it.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #39,607
  • Jul 20, 2024 3:43am Jul 20, 2024 3:43am
Quoting RoelsMajor
{quote} It's not about psychology; it's about law. Law can regulate psychology but not change it. Learning psychology without understanding life sciences is like studying economics without mathematics. Controlling psychology does not mean changing it.
right but turning chance to alpha can come from forced regulation of idea
  • #39,608
  • Edited 5:29am Jul 20, 2024 5:10am | Edited 5:29am
Quoting Expo33
{quote} I just made a new account with a new email
Thanks. It's a very relieving way. However, it seems that I will continue the journey until the subscription period of this account ends first. Let's see in the future whether I can discipline myself to follow my system's rules (even though there is no rigid law enforcer as a limit) or end up following my own "bad habits".
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #39,609
  • Jul 20, 2024 6:25am Jul 20, 2024 6:25am
Quoting Expo33
{quote} I just made a new account with a new email
I also did that. I have 3 Darwinex accounts with different emails (all in the same name) for different purposes and support told me that's ok.

1 x live account (1k) under Darwinex Global
1 x live account (10k) under Darwinex EU
1 x virtual account (100k) under Darwin Zero

The discount code "MATCH" worked for me. Thank you.

Attached Image (click to enlarge)
Click to Enlarge Name: dwzero-discount.png Size: 44 KB
  • #39,610
  • Jul 20, 2024 7:09am Jul 20, 2024 7:09am
deception does not sleep
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 34 KB
  • #39,611
  • Jul 20, 2024 8:13am Jul 20, 2024 8:13am
Quoting Takisd
deception does not sleep {image}
wow, so they basically buy thousands of 5 star reviews for a cost of a few dollars
Don't give up on your dreams. Keep sleeping.
  • #39,612
  • Jul 20, 2024 8:17am Jul 20, 2024 8:17am
Hi, Just lost two apex evals on Friday trying to Yolo. I don't think Yolo trading is for me, specially while I am working full time and trading at the same time. My slower approach is working for me. Now left with 6 $300k evals. Slow and steady should win the race. Lets see.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
Drawdown is more important than Account Size !
  • #39,613
  • Jul 20, 2024 9:33am Jul 20, 2024 9:33am
Quoting Artcool
{quote} wow, so they basically buy thousands of 5 star reviews for a cost of a few dollars
it has been what they do for a long time.
  • #39,614
  • Jul 20, 2024 10:39am Jul 20, 2024 10:39am
Quoting procrude
Hi, Just lost two apex evals on Friday trying to Yolo. I don't think Yolo trading is for me, specially while I am working full time and trading at the same time. My slower approach is working for me. Now left with 6 $300k evals. Slow and steady should win the race. Lets see. {image}
//----

lol..... now i understand..... procrude..... houston...........

few years ago when so many were screaming the end of the world, there was one person buying everything with hydrocarbons in it or used by it..... sometimes pennies on the dollar..... to conserve money i bought leaps when available..... stocks my original way to lose money...... that was a very good year.....

i judge my years directly proportional to my federal tax owed...... my goal is to owe a million in one year.....
//----

slow and steady might not win the race but seems to help staying in it...... a measly 50$ per account per day target works for me, that's minimum wage here......

my daily tradovate risk settings are 500$ loss/1000$ profit...... so yolo is out of the question..... there was quite a few times where the eval account was so far in the hole i removed all risk settings and tried the hail mary yolo approach......

pass intercepted.....h
to trade and code, keep both simple... no call to impress....h
  • #39,615
  • Jul 20, 2024 12:07pm Jul 20, 2024 12:07pm
Quoting dele5000
{quote} Hi Montygoldy, please recommend good and reliable prop firms to me, I believe you have much experience in it, thank you
for forex only ftmo or 5% or alpha
for futures apex, topstep, takeprofittrade, myfubdedfutures, bulenox etc
Extreme gut feeling trader
  • #39,616
  • Jul 20, 2024 12:22pm Jul 20, 2024 12:22pm
Quoting procrude
Hi, Just lost two apex evals on Friday trying to Yolo. I don't think Yolo trading is for me, specially while I am working full time and trading at the same time. My slower approach is working for me. Now left with 6 $300k evals. Slow and steady should win the race. Lets see. {image}
those are in my opinion wrong choices for evals some stupid targets on trailing drawdown….
I think we need to be in the middle ground not too much yolo and no too slow.. coz prop firm changes so fast so you wont know if all your efforts goes in the drain.. like look at apex there was a time people getting big payouts so easy now its opposite… so my suggestion is when its your day squeeze as much as possible and reduce risk on bad days
.. try to spend less time on evals so go with 50k i was in same boat like yours … better to grow 50k PA drawdown to 300k drawdown rather than investing so much time on passing evals n then again getting over the threshold two times efforts
Extreme gut feeling trader
  • #39,617
  • Jul 20, 2024 4:16pm Jul 20, 2024 4:16pm
Quoting Expo33
Just passing on an email I just got from MFFX. Didn't really read it as I'll never use them but here it is: {image}
After a rain of one star on Trustpilot (and probably a massive drop of accounts sales) , they had no choice to go back. Fault confessed, fault half forgiven ?
  • #39,618
  • Jul 20, 2024 5:43pm Jul 20, 2024 5:43pm
Quoting Nehemah
{quote} After a rain of one star on Trustpilot (and probably a massive drop of accounts sales) , they had no choice to go back. Fault confessed, fault half forgiven ?
Matt "Leech", a fitting name. Just trying to suck some more revenue out of an industry full of rotting carcasses.
Pride always comes before destruction.... -Proverbs 16:18
  • #39,619
  • Edited 7:02pm Jul 20, 2024 6:32pm | Edited 7:02pm
Hi guys,
Darwinex zero :
After 15 days calibration what happens ?

Is there a criteria to say calibration has eneded and Darwin is created ?

During the calibration phase you must complete 25 risk-equivalent trading decisions over a minimum of 15 trading days as without this we don’t have sufficient information to analyse your trading signals and calibrate your DARWIN. There is no requirement in terms of return, our system just needs enough information (measured by nº of trades and trading days) to be able to create the DARWIN.
Upon meeting this criteria, your DARWIN will be created automatically and you will participate in the first edition of DarwinIA SILVER for which you are eligible.
Intraday only.
  • #39,620
  • Jul 20, 2024 7:57pm Jul 20, 2024 7:57pm
Quoting navk
Hi guys, Darwinex zero : After 15 days calibration what happens ? Is there a criteria to say calibration has eneded and Darwin is created ? During the calibration phase you must complete 25 risk-equivalent trading decisions over a minimum of 15 trading days as without this we don’t have sufficient information to analyse your trading signals and calibrate your DARWIN. There is no requirement in terms of return, our system just needs enough information (measured by nº of trades and trading days) to be able to create the DARWIN. Upon meeting this criteria,...
It will show on the website that you've finished the calibration phase and your Darwin Index will be created on the following Monday.

All this info is in their videos.

https://m.youtube.com/watch?time_con...M5MTE3LDI4NjY2
Pride always comes before destruction.... -Proverbs 16:18
84 traders viewing now