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  • #39,701
  • Edited 7:44am Jul 23, 2024 7:33am | Edited 7:44am
Quoting pipmaster77
Obviously, they could definitely pay better on the initial seed capital allocations, as that is not real money. Then again, they are not generating any profit on that money.
I noticed that you pay a commission fee on Darwinex’d CFD indices. With my other CFD brokers i have accounts with there are no additional charges for it.

On DAX for example you pay 2,50 € for every lot with Darwinex + spread.

So while the spreads and commissions appear to be competitive overall, they aren’t the lowest and Darwinex probably makes profits by the volume traded right from the start of every trader regardless of the success.

Further (if using the monthly subscription model) they are basically profiting in a similar way to all prop trading firms where probably 99% don’t even reach to any payout they could request but already paid x amount in fees upfront.

So it’s not accurate from them to to say „we only profit if our traders profit“ (even if that’s the long term goal for them). But with so few traders actually trading millions of external investors capital i wonder if that plan works out. For 10+ years in existence shouldn’t there be more growth? Maybe it’s because the real BIG institutional money doesn’t care about darwin’s and so most investors money comes in form of other small fishes (retail investors).
  • #39,702
  • Edited 10:57am Jul 23, 2024 7:55am | Edited 10:57am
Quoting pipmaster77
{quote} What folks don't understand about Darwinex is they are giving you a 75% split once you have investor capital. As there are real investors, they charge a 20% performance fee and I believe, a 2% management fee. These are all standard in the hedge fund world. They pay us 75% of the 20%, which is where the 15% comes in. Obviously, they could definitely pay better on the initial seed capital allocations, as that is not real money. Then again, they are not generating any profit on that money.
I'm not discrediting the 20% industry standard for hedge funds applied by Darwinex, but the profit share is indeed very small. Prof. Taleb, during his time working as a Prop Trader at a certain firm, received between 7% to 12% profit share along with a monthly salary. However, they were also provided with substantial capital funding up to millions of dollars. This is just for comparison. So, having a profit sharing without a salary of up to 1/3 (33%) to 2/3 (67%) is not excessive. Besides, Prop firms nowadays also profit from trading spreads and commissions.

(See the section on the Trader Nero Tulip in the book Fooled by Randomness, although satirical in tone, it contains many accurate information about many things).
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Meditation All Time Return: 8.9%
  • #39,703
  • Jul 23, 2024 7:57am Jul 23, 2024 7:57am
I can't verify if this is was true because my account is now in a slight DD but, if true, hats off for them
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  • #39,704
  • Jul 23, 2024 8:01am Jul 23, 2024 8:01am
Quoting lddd
{quote} I noticed that you pay a commission fee on Darwinex’d CFD indices. With my other CFD brokers i have accounts with there are no additional charges for it. On DAX for example you pay 2,50 € for every lot with Darwinex + spread. So while the spreads and commissions appear to be competitive overall, they aren’t the lowest and Darwinex probably makes profits by the volume traded right from the start of every trader regardless of the success. Further (if using the monthly subscription model) they are basically profiting in a similar way to all...
Well, the zero model is only a year old so perhaps there will be a ton of interest in this model. Especially for us here in the USA, as options are now extremely limited.
I see you keep referring to the small % that are trading any big money...it is right in line with the 98 % that never get to a funded account with the casino model and/or the 70-80 % that pass and get funded but never get a payout or the 98% that keep redepositing in their personal account and never achieve success.
Trading is hard and I believe the Darwinex % is right in line with the prop model and personal account success.
Darwinex is not the answer to make you a successful trader, it is the answer to getting big funding if YOU ARE A SUCCESSFUL TRADER.
  • #39,705
  • Jul 23, 2024 8:55am Jul 23, 2024 8:55am
Back to trading Gold. No more Dow / NQ / ES for me.
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Drawdown is more important than Account Size !
  • #39,706
  • Jul 23, 2024 8:56am Jul 23, 2024 8:56am
I really don’t understand why people are complaining about DarwinexZero model. It is very likely that if you wish to run profitable proptrading model it needs to be close what DZ is doing. Anybody can join and try if he/she qualifies and is able to stay in the game long run.
If you don’t like the model, just leave it. One can also try to join more traditional prop company like SMB Capital but it is really hard to get even in their program. Profit split is probably better once you have proven yourself and more capital (buying power) is available, but before you get there,… well most won’t do it.
  • #39,707
  • Jul 23, 2024 9:38am Jul 23, 2024 9:38am
Quoting kalastaja
I really don’t understand why people are complaining about DarwinexZero model. It is very likely that if you wish to run profitable proptrading model it needs to be close what DZ is doing. Anybody can join and try if he/she qualifies and is able to stay in the game long run. If you don’t like the model, just leave it. One can also try to join more traditional prop company like SMB Capital but it is really hard to get even in their program. Profit split is probably better once you have proven yourself and more capital (buying power) is available,...
Yes, completely agree. The comparison to the challenge model with the 80-90% split makes no sense. We have seen the stats of the pass/fail rate of stage 1, stage 2 and then even those who make it to funded and never get a payout.
This has a much lower barrier to entry, no predatory rules designed to make you fail and if you were/are good enough to hit the targets of the challenge model, you'll have 10x more capital at the end of 18-24 months.
Best part, you are actually trading the way the challenge model led you to believe........real capital.
  • #39,708
  • Jul 23, 2024 9:50am Jul 23, 2024 9:50am
[quote=pipmaster77;14940595]{quote} Yes, completely agree. The comparison to the challenge model with the 80-90% split makes no sense. We have seen the stats of the pass/fail rate of stage 1, stage 2 and then even those who make it to funded and never get a payout. This has a much lower barrier to entry, no predatory rules designed to make you fail and if you were/are good enough to hit the targets of the challenge model, you'll have 10x more capital at the end of 18-24 months. Best part, you are actually trading the way the challenge model led you to believe........real capital.[/quote

Not to mention that if you are able to make it long term, there is no limit to allocation from investors. Downside is that all data is public so no YOLO, revenge, etc. You need to be disciplined trader. I also believe that if someone is trying to get a job from HF industry, DZ track record do have some value compared to shitty prop firms.
  • #39,709
  • Jul 23, 2024 9:54am Jul 23, 2024 9:54am
And let me be clear. I have nothing against other prop firms. I use them myself. It is just that you can never be sure if you get your hard earned money and you can’t build anything based on other prop firms. But it is a free choice and I am glad that we have some different options available.
  • #39,710
  • Jul 23, 2024 10:12am Jul 23, 2024 10:12am
Quoting kalastaja
And let me be clear. I have nothing against other prop firms. I use them myself. It is just that you can never be sure if you get your hard earned money and you can’t build anything based on other prop firms. But it is a free choice and I am glad that we have some different options available.
I was one of the biggest advocates of the prop firms. As I stated earlier, 2-3 years ago, it was great. I am not today....too many bad actors came in, plus the CFTC, Metatrader, etc, etc. No way I am busting my ass every day and NOT getting paid.
Darwinex is the most stress free trading I've done in years.
  • #39,711
  • Jul 23, 2024 10:21am Jul 23, 2024 10:21am
I just started Darwinex yesterday and so far I quite enjoy it. I'm still watching the videos to understand Darwin better, but could I ask what should I aim for the calibration stage before Silver kick in.
  • #39,712
  • Jul 23, 2024 10:27am Jul 23, 2024 10:27am
Quoting sheva89
I just started Darwinex yesterday and so far I quite enjoy it. I'm still watching the videos to understand Darwin better, but could I ask what should I aim for the calibration stage before Silver kick in.
I made like 2.1% with DD slightly under that. When they created my Darwin though it actually showed 4.5% due to the risk engine.
IMO, I think trading smaller than you think and just shooting for 2K if you're doing forex or 20K if doing futures will set you up the best way for Silver.
  • #39,713
  • Jul 23, 2024 10:37am Jul 23, 2024 10:37am
Quoting procrude
Back to trading Gold. No more Dow / NQ / ES for me. {image}
My perosnal opinion dont give up any...just you need to know on which day which one is going with your bias.... i learnt it hard way... now i am liking NQ before i hated it most.... so i juggle between NQ, DOw and gold based on the day session n which one going according to my Bias....
Extreme gut feeling trader
  • #39,714
  • Jul 23, 2024 11:18am Jul 23, 2024 11:18am
So here you are. Tom Hougaard - the bravest trader in the world. He just lost 18.000 £. In a live transmission. For everybody to watch. Showing good and bad dessissions. In the matter fact the very last trade is awfull.

I do not know of anybody doing that. Showing everything live. Do you? And he does it on a daily basis. Hiding nothing.

Note! This is NOT Prop money. It is NOT demo money. It is real money and it is his own money.

Is that a huge loss? No sir, he might profit the double tomorrow. He once profitted 200.000£ on a single day when National Danish television was filming. So this was live too.

TraderTom Live Trading 23rd July 2024 – US Session (youtube.com)
MetaTrader 4 - so many advantages.
  • #39,715
  • Jul 23, 2024 12:24pm Jul 23, 2024 12:24pm
Quoting montygoldy
{quote} My perosnal opinion dont give up any...just you need to know on which day which one is going with your bias.... i learnt it hard way... now i am liking NQ before i hated it most.... so i juggle between NQ, DOw and gold based on the day session n which one going according to my Bias....
I think that is a great opinion. I will do that.. Thanks bro
Drawdown is more important than Account Size !
  • #39,716
  • Jul 23, 2024 1:06pm Jul 23, 2024 1:06pm
Quoting montygoldy
just you need to know on which day which one is going with your bias....
//-----

need to be biased toward support, resistance and oscillators today..... don't think those new york guys ever showed up....h
//------

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to trade and code, keep both simple... no call to impress....h
  • #39,717
  • Jul 23, 2024 1:45pm Jul 23, 2024 1:45pm
Quoting RiskFighter
So here you are. Tom Hougaard - the bravest trader in the world. He just lost 18.000 £. In a live transmission. For everybody to watch. Showing good and bad dessissions. In the matter fact the very last trade is awfull. I do not know of anybody doing that. Showing everything live. Do you? And he does it on a daily basis. Hiding nothing. Note! This is NOT Prop money. It is NOT demo money. It is real money and it is his own money. Is that a huge loss? No sir, he might profit the double tomorrow. He once profitted 200.000£ on a single day when National...
i watch his stream everyday.... he banked in last few days .... today was a loser day.... but overall his equity is up.... i started following his stream last week when it was 265k now its above 300k
Extreme gut feeling trader
  • #39,718
  • Jul 23, 2024 2:03pm Jul 23, 2024 2:03pm
Good day for 50k x 3 MFFutures evals... nearly there..... Loving eod..... so before end of day i have 1200$ daily loss + 2200 profit drawdown.... will try to homerun on NQ fingers crossed
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Extreme gut feeling trader
  • #39,719
  • Jul 23, 2024 2:13pm Jul 23, 2024 2:13pm
Secured allocation with DZero account no.1 too- the choppy one. And third one that will be created on monday will probaly have better stats that this one so looks like allocation is coming on all 3 DZero accounts. In one month or less. This is the oldest, started on 22nd of June.

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PVSRA
  • #39,720
  • Jul 23, 2024 2:44pm Jul 23, 2024 2:44pm
Quoting procrude
{quote} I think that is a great opinion. I will do that.. Thanks bro
Just trade micros. Can stay in the game longer...

:-)
A snails pace wins the race :-)
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