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  • #41,101
  • Aug 23, 2024 10:31am Aug 23, 2024 10:31am
Quoting TrAndy1
{quote} Yep, I am long too on EU. Should go above 1.1205 print. Swing longs on Gold too, it should reach around 2600 (Cash XAU) next week, still a +3% move from here now. Then I should also passed my combine or "200k prop challenge" doing it with my personal, let's see. It means for me then made around 30k on a 20k account, or 150% which is +10% for phase 1 and +5% for phase 2, just with 10% of the 200k equity, which is the total drawdown. But I never risked that near, started with <1k risk too.
Oh, I am not trading the euro....no more fx for me.....Darwinex pays in Euros, that's what I meant.
  • #41,102
  • Edited 11:35am Aug 23, 2024 11:18am | Edited 11:35am
What a wild friday.......... Wild moves.......
Not at home.... Passed 150kx20 for my brother
God damn now i feel like ... I have 150kx12 and he is going to have 20
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Extreme gut feeling trader
  • #41,103
  • Edited 1:22pm Aug 23, 2024 11:30am | Edited 1:22pm
Quoting TrAndy1
{quote} Looks much better than Darwinex or any prop firm challenge model. Did you ask support, about qualification criteria for entry and how much split and capital you get ?
Sure. A company with 10 reviews that no one has ever heard of is better than a fully regulated broker in business and paying out for a decade.

Thx for taking stupid to a whole new level.
Pride always comes before destruction.... -Proverbs 16:18
  • #41,104
  • Aug 23, 2024 11:32am Aug 23, 2024 11:32am
Quoting pipmaster77
May actually call it a month, second allocation locked in, next 2 months are paid for with this month's profits. I'd need to take significant risk to get to next level of allocation. {image} {image}
Exactly as planned. Free rolling to the promised land!
Pride always comes before destruction.... -Proverbs 16:18
  • #41,105
  • Edited 11:46am Aug 23, 2024 11:34am | Edited 11:46am
Quoting TrAndy1
{quote} If Powell is reasoning, he should deliver a 0.25 basis rate cut already today. And maybe more on next September with another 0.25 cut depending on data. I mean it is already clear that there will a cut in September, so markets could be disappointed today if there is no cut coming today. For what they are waiting, WTF ?
And just when I thought you couldn't say something dumber than usual.

They just had their FED meeting and didn't cut rates and you think he's now going to show up at a symposium and just say, oops, by the way I'm cutting rates today?

Honestly, I don't think you would even sound smart in the rookie thread.

Maybe you should open up a trading for toddlers thread. You might impress some 3 year olds.
Pride always comes before destruction.... -Proverbs 16:18
  • #41,106
  • Aug 23, 2024 12:33pm Aug 23, 2024 12:33pm
Quoting Expo33
{quote}Exactly as planned. Free rolling to the promised land!
Hopefully. That is the plan. Already calculated, I only need 0.3% in September for third allocation. It gets easier as you go due to the cumulative return going higher every month. 2-2.5% monthly is the magic number. Gold will be a different story, as I believe it is only current month's returns they look at. Hoping to have significant AUM where 2% is plenty.
  • #41,107
  • Aug 23, 2024 12:47pm Aug 23, 2024 12:47pm
Quoting sampat
{quote} Proof should be here https://apextraderfunding.com/payouts If you go through each and every page....They should have search and sort by amount column in the grid...
Yep, but again, this is just a table that anyone can create.... These days I suspect from my own shadow when it comes to props.
(not suspecting about 2K or so payouts, just the ones that create huge hype)
  • #41,108
  • Aug 23, 2024 1:12pm Aug 23, 2024 1:12pm
Great work Monty! I bought 8 50k and waited too long to execute. Missed some good opportunities but so far so good.
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  • #41,109
  • Aug 23, 2024 1:20pm Aug 23, 2024 1:20pm
Quoting fx_rookie
Great work Monty! I bought 8 50k and waited too long to execute. Missed some good opportunities but so far so good. {image}
Get 20x50k .. this is a steal deal of 85$ activation..........
Extreme gut feeling trader
  • #41,110
  • Aug 23, 2024 1:21pm Aug 23, 2024 1:21pm
Quoting sampat
{quote} Proof should be here https://apextraderfunding.com/payouts If you go through each and every page....They should have search and sort by amount column in the grid...
Just to add not all the payouts show in there..... My payouts never got listed in the there.....
Extreme gut feeling trader
  • #41,111
  • Aug 23, 2024 1:23pm Aug 23, 2024 1:23pm
Quoting montygoldy
{quote} Get 20x50k .. this is a steal deal of 85$ activation..........
if I had a track record like yours, I would : )))
  • #41,112
  • Aug 23, 2024 2:10pm Aug 23, 2024 2:10pm
Quoting montygoldy
{quote} Get 20x50k .. this is a steal deal of 85$ activation..........
your contracts always get executed at the best bid/ask price no matter the size ?
  • #41,113
  • Aug 23, 2024 2:58pm Aug 23, 2024 2:58pm
Quoting Stoneyrocks
{quote} your contracts always get executed at the best bid/ask price no matter the size ?
yep ... I always do limit order or buy bid/ask.......they execute at exact same point even tp and sl as well even during high volatile times in comparison to forex i got my account failed of hitting DLL coz i got slipped 18 pips....
Extreme gut feeling trader
  • #41,114
  • Aug 23, 2024 4:42pm Aug 23, 2024 4:42pm
Inserted Video

Scandal, FXIFY breached an influencer his 400k funded account waiting for payout because he traded same day on his payout and made a profit. Those scam artists.
  • #41,115
  • Aug 23, 2024 4:56pm Aug 23, 2024 4:56pm
If you do not have 20k to trade on personal trade on prop firms. But then up to 50k and definitely from 100k on you need to trade also on your personal. Over time you will notice that you will see greater results on your personal than just trading on props. If you are not convinced trade both type of accounts and you see yourself.
  • #41,116
  • Aug 23, 2024 5:02pm Aug 23, 2024 5:02pm
In earlier days you could easily scale and trade on a lot of prop firms and have 5+ million on funded accounts which means 500k capital as allowance for drawdown. Do not fall for million accounts, it is just 10% of that or 8% depending on max. Drawdown on a prop firm. They usually inflate those numbers that you get an impression that you trade on multiple 100k accounts, but it is just 10k accounts in the end. Nothing else. Wake up here. Nowadays most props cannot do payouts for the longer term. Most do vanish in short time. Just a handful have survived and are reliable, both on FX and Futures side. But again there are more rules now than 1 year ago. FTMO has 1% strict risk limit on funded and most other props also have weird rules. Then trailing DD and consistency rules are there to make your trading difficult on futures props. There are no such rules on personal broker accounts. The restrictions are somewhat useful to learn your more discipline and risk management at all and be picky on setups, so you chose only good or best trading setups. But when you used to trade with props the transition to personal is smooth and you can show what you learned on prop to grow further on personal. That is the real advantage then as you have more freedom and no restrictions, and no payout fears on personal acc..
  • #41,117
  • Aug 23, 2024 5:07pm Aug 23, 2024 5:07pm
The way to go, as I do is, that I funded myself a $20k personal account at good broker with best trading conditions. And then trade it at the beginning like invested 1k into 200k prop challenge account. Once you made 1k profit, you can risk 2k, once you made another 2k, you can risk 4k and so on. That does not mean you risk that all on one trade, but on some few trades until you are sure that you will make a profit. Even you loose 1.5k at the beginning. It is not the end of story. You would just buy another 200k prop challenge account, but here you give yourself a second chance for another 1k risk where you should make 1k first. So that in the end that you are only risking your profits you made with your personal account. That is the trick. Then when you made 50k out of 20k you "passed" the 200k prop challenge by doing 150% return on your account. It sounds a lot, but you are compounding on each winning trade or winning trade series. So it is much faster as you think. Try yourself.
  • #41,118
  • Aug 23, 2024 5:12pm Aug 23, 2024 5:12pm
When you made 50k out of 20k on your personal account, you are free to withdraw your profits and invest into longterm assets or scale up more with all the money. Just how you want it. Just imaging if you do another 10% on prop challenge it means 100% on max. Drawdown, it is $16k with 80% profit split. But on your personal it means another 50k profit. So in the end you can grow and make much more profits just by trading your own personal account. It is up to you when and how much you withdraw at any given time point. Also how fast you scale on your profits or take it slowlier with less risks, esp. if that 20k personal funds is all your free trading money.
  • #41,119
  • Aug 23, 2024 5:22pm Aug 23, 2024 5:22pm
Quoting TrAndy1
If you do not have 20k to trade on personal trade on prop firms. But then up to 50k and definitely from 100k on you need to trade also on your personal. Over time you will notice that you will see greater results on your personal than just trading on props. If you are not convinced trade both type of accounts and you see yourself.

Quoting TrAndy1
In earlier days you could easily scale and trade on a lot of prop firms and have 5+ million on funded accounts which means 500k capital as allowance for drawdown. Do not fall for million accounts, it is just 10% of that or 8% depending on max. Drawdown on a prop firm. They usually inflate those numbers that you get an impression that you trade on multiple 100k accounts, but it is just 10k accounts in the end. Nothing else. Wake up here. Nowadays most props cannot do payouts for the longer term. Most do vanish in short time. Just a handful have survived...

Quoting TrAndy1
When you made 50k out of 20k on your personal account, you are free to withdraw your profits and invest into longterm assets or scale up more with all the money. Just how you want it. Just imaging if you do another 10% on prop challenge it means 100% on max. Drawdown, it is $16k with 80% profit split. But on your personal it means another 50k profit. So in the end you can grow and make much more profits just by trading your own personal account. It is up to you when and how much you withdraw at any given time point. Also how fast you scale on your...

Quoting TrAndy1
The way to go, as I do is, that I funded myself a $20k personal account at good broker with best trading conditions. And then trade it at the beginning like invested 1k into 200k prop challenge account. Once you made 1k profit, you can risk 2k, once you made another 2k, you can risk 4k and so on. That does not mean you risk that all on one trade, but on some few trades until you are sure that you will make a profit. Even you loose 1.5k at the beginning. It is not the end of story. You would just buy another 200k prop challenge account, but here...
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Trade with confidence, trade without fear.
  • #41,120
  • Aug 23, 2024 5:25pm Aug 23, 2024 5:25pm
This is also how the hedge fund traders are doing it. On every new year when there is a new count, they start very small, until they made some profits and then go with greater risks, but only risking the previous profits. That grows exponentially on each win trade or win trade series. This is the way how they get extreme low drawdowns but then making great returns at the end of year. All what counts here that the drawdown from the starting point is minimal. And not the drawdown from profits made within trades or within a trade if you scale into win trades. That is also the best way to go with minmal risks of ruin when you trade your personal acc.. That is the trick.
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