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  • #39,721
  • Jul 23, 2024 12:50pm Jul 23, 2024 12:50pm
Quoting montygoldy
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 {image}
Secured Funding myfundedfutures......

Next one topstep 50kx5
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Extreme gut feeling trader
  • #39,722
  • Jul 23, 2024 12:51pm Jul 23, 2024 12:51pm
Quoting JustPipMe
{quote} Just trade micros. Can stay in the game longer... :-)
Yea but Prop firm game can change pretty quickly .... in last six months complete disaster of Forex Prop firms whereas futures prop firms started seeing cracks
Extreme gut feeling trader
  • #39,723
  • Jul 23, 2024 1:05pm Jul 23, 2024 1:05pm
Ascendx is having a lot of payout pending and rejections. Furthermore, they changed rules silently, just like Alpha, and applied them to past trades.
https://x.com/TassiTrader/status/1815788057943044346
  • #39,724
  • Jul 23, 2024 1:07pm Jul 23, 2024 1:07pm
God Damn..... Made more than 1500$ on topstep combine now i have to make more in order to pass.. In risk setting i added 1450$ day target but it let pass through it.....
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Extreme gut feeling trader
  • #39,725
  • Jul 23, 2024 1:57pm Jul 23, 2024 1:57pm
Quoting Capablanca
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 {image}
what is your experience with FundedNext so far ? Trading conditions ?
  • #39,726
  • Jul 23, 2024 3:37pm Jul 23, 2024 3:37pm
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...
Do update us when you eventually found the best firm that offer something irresistible. I do have 3 accounts with MyFundedFX when they offered 200% refund. So continue your search.
  • #39,727
  • Jul 23, 2024 5:19pm Jul 23, 2024 5:19pm
Quoting montygoldy
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
//----

we were on opposite sides of the fence all day......

tesla might just change that for me...... that is one heck of a gap down....

somebody threw the baby out with the bath water......h
//------

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to trade and code, keep both simple... no call to impress....h
  • #39,728
  • Jul 23, 2024 7:04pm Jul 23, 2024 7:04pm
Quoting hayseed
{quote} //---- we were on opposite sides of the fence all day...... tesla might just change that for me...... that is one heck of a gap down.... somebody threw the baby out with the bath water......h //------ {image}
yep this gap down on NQ killed my asian session
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Extreme gut feeling trader
  • #39,729
  • Jul 23, 2024 7:25pm Jul 23, 2024 7:25pm
Picked up some more $$ on Gold in Asian session just now..
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Drawdown is more important than Account Size !
  • #39,730
  • Jul 23, 2024 10:53pm Jul 23, 2024 10:53pm
Quoting failinforex
{quote} Do update us when you eventually found the best firm that offer something irresistible. I do have 3 accounts with MyFundedFX when they offered 200% refund. So continue your search.
I only trade forex. EURUSD spreads very tight 0.1, GBPUSD usually 0.5/0.6, execution almost no slippage for low lots like 2 / 3 / 4 lots, commissions $3 per lot.

They have cycles of 14 days in funded accounts. Positions need to close by the end of 14th or the system closes them automatically.

On 15th a new cycle starts (and they reset the account if there is a profit and that money is made available for withdraw). All automatic, pretty good.

I had 3 payouts in the last months. They respected the 24 hours in 2 of them. In fact they were very fast and all automatic (to Rise).

In another one they did a "trick" for not respecting the 24 hours without disrespecting it.

Let's say the cycle was 1-14. On 15th I should have the account reset and money available. However the account was on verification during 15th.
Only by the end of 15th, very late, the account was reset. I was able to request the payout only on 16th. Payout came fast but, you see, it was more than 24 hours (after cycle ending) in practice.

The promise of paying in 24 hours is from request, not from the end of the cycle.

Giving an exaggerated example, if the cycle is from 1-14th and they have the account being reviewed until 20th, then we request the payout on 20, they send it in 4 hours and they say they respected the 24 hours promised. But in fact it was 6 days. That's why I say the 24 hours promise is a trick. It worked well in 2 payouts but not in another.

Customer service is still the brain empty agents, as before.

In the first time I was with them I had to do a risk interview when I achieved the 15% bonus from phase 1 and 2. I haven't got there yet this time..

They have some strict rules about IPs and devices. Vitore had a payout refused by them due to this (I think he used a copier and this was flagged with different IPs, so be careful).
  • #39,731
  • Jul 23, 2024 10:54pm Jul 23, 2024 10:54pm
anyone using Fintokei firm ?
is backed by purple trading broker ?
is same company ?
  • #39,732
  • Jul 23, 2024 11:03pm Jul 23, 2024 11:03pm
Quoting HengkiTjen
anyone using Fintokei firm ? is backed by purple trading broker ? is same company ?
If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
  • #39,733
  • Jul 23, 2024 11:08pm Jul 23, 2024 11:08pm
Quoting Capablanca
{quote} If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
i dont know havent check it out yet

now im looking at prop firm that backed by broker
since prop firm business seem collapsing

any recommend prop ?
  • #39,734
  • Edited Jul 24, 2024 12:24am Jul 23, 2024 11:20pm | Edited Jul 24, 2024 12:24am
Quoting montygoldy
{quote} Secured Funding myfundedfutures...... Next one topstep 50kx5 {image}
Hi there!

What kind of terminal it this?
  • #39,735
  • Jul 23, 2024 11:22pm Jul 23, 2024 11:22pm
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Drawdown is more important than Account Size !
  • #39,736
  • Jul 24, 2024 12:27am Jul 24, 2024 12:27am
Quoting Capablanca
{quote} If I remember well Takisd said they are legit with a terrible broker (purple). Never investigated them. Don't they have strict rules ?
they are owned by purple.
  • #39,737
  • Jul 24, 2024 2:36am Jul 24, 2024 2:36am
Quoting Capablanca
{quote} I only trade forex. EURUSD spreads very tight 0.1, GBPUSD usually 0.5/0.6, execution almost no slippage for low lots like 2 / 3 / 4 lots, commissions $3 per lot. They have cycles of 14 days in funded accounts. Positions need to close by the end of 14th or the system closes them automatically. On 15th a new cycle starts (and they reset the account if there is a profit and that money is made available for withdraw). All automatic, pretty good. I had 3 payouts in the last months. They respected the 24 hours in 2 of them. In fact they were very...
Thanks for sharing. At least they still pay as long as we don't yolo for 20K, 40K and be contended with 1 to 2 k. I manage my trade with my desktop and mobile, so far no problem with IP. Initially payments via Rise was a pain, now pretty fast.
If they ever reinstate refund and promtion I will gladly buy a few more.
  • #39,738
  • Jul 24, 2024 3:00am Jul 24, 2024 3:00am
Quoting RoelsMajor
{quote} 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...
Darwinex zero:

I completed 28 trading positions. 15 days not yet complete.

The Index stands like this.

On completion of 15 days, can I consder evaluation is complete ?
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Intraday only.
  • #39,739
  • Jul 24, 2024 4:22am Jul 24, 2024 4:22am
I got the reply as under :
Hi,

Thanks for your reply

It will depend on the % you show up in the risk calibration section that you can see in this section within your Zero user:

It will depend on the % you show up in the risk calibration section that you can see in this section within your Zero user. If that bar is at 100% then you only need to reach the 15 trading days.

Regards
Javier
Intraday only.
  • #39,740
  • Jul 24, 2024 4:54am Jul 24, 2024 4:54am
Quoting navk
{quote} Darwinex zero: I completed 28 trading positions. 15 days not yet complete. The Index stands like this. On completion of 15 days, can I consder evaluation is complete ? {image}
Risk factor or calibration is always done on the following Monday after 15 trading days. You will get your darwin on 28th. You will have to sign agreement present on the top of dashboard tomorrow.
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