Prop Firm Hub | Page 2061 | 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

  • #41,201
  • Aug 25, 2024 2:49pm Aug 25, 2024 2:49pm
Hi montygoldy,

Would you give us an update on your progress & views on using TopStopX up until today. Are you satisfied with that platform & TopStepX in general. Thank you for your views. Best of trade to you, my friend.
______________________________________________________________________
  • #41,202
  • Aug 25, 2024 4:29pm Aug 25, 2024 4:29pm
Quoting RoelsMajor
{quote} Ya. https://elite.vantagemarkets.com/
I would not trust them. I heard from several sources including reviews from a friend of someone closer to me that they have withdraw problems. Especially when you make 5 digits profits. That guy from Germany needed to hire a lawyer to get this 35k profits from Vantage Markets BROKER. I have no update on this if he got his deposit with profits back all in all. But any broker that make such problems on withdrawing you cannot trust his prop entity either. Just you have been warned. Avoid.
  • #41,203
  • Aug 25, 2024 4:50pm Aug 25, 2024 4:50pm
Quoting acetrader
Hi montygoldy, Would you give us an update on your progress & views on using TopStopX up until today. Are you satisfied with that platform & TopStepX in general. Thank you for your views. Best of trade to you, my friend. ______________________________________________________________________
It is good .... But now i have moved to tradovate i am more comfortable with it...
Extreme gut feeling trader
  • #41,204
  • Aug 25, 2024 4:55pm Aug 25, 2024 4:55pm
Quoting RoelsMajor
{quote} Ya. https://elite.vantagemarkets.com/
I've used vantage for few years before they kicked canadian out. They are neck to neck with icmarkets in everything.... i am still subscribed to their market newsletter.... They never missed it in last few years.....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2024-08-25 at 5.54.45 PM.png Size: 74 KB
Extreme gut feeling trader
  • #41,205
  • Aug 25, 2024 5:00pm Aug 25, 2024 5:00pm
Quoting montygoldy
{quote} I've used vantage for few years before they kicked canadian out. They are neck to neck with icmarkets in everything.... i am still subscribed to their market newsletter.... They never missed it in last few years..... {image}
What is the benefit of such a newsletter ? I am not subscribed to any. Sometimes it is difficult to unsubscribe even I tried several times. Did you mean that sarcastic ?
  • #41,206
  • Aug 25, 2024 5:40pm Aug 25, 2024 5:40pm
Quoting TrAndy1
{quote} I would not trust them. I heard from several sources including reviews from a friend of someone closer to me that they have withdraw problems. Especially when you make 5 digits profits. That guy from Germany needed to hire a lawyer to get this 35k profits from Vantage Markets BROKER. I have no update on this if he got his deposit with profits back all in all. But any broker that make such problems on withdrawing you cannot trust his prop entity either. Just you have been warned. Avoid.
it is a asic regulated trader and must comply with the law i have traded with vantage years ago and never had a problem with withdrawals from them i find stupid people dont give them the right identification and get caught when they try to withdraw money it seems giving us the truth might be more plausible
people leave, but this thread will go on for ever
  • #41,207
  • Aug 25, 2024 6:19pm Aug 25, 2024 6:19pm
Quoting RoelsMajor
{quote} Update Info and Some Revision Broker-backed Prop Firm Add Vantage Elite {image}
Maybe you could add a column for trailing stop loss? Looks like vantage uses it and there was another one.
  • #41,208
  • Aug 25, 2024 6:41pm Aug 25, 2024 6:41pm
Quoting montygoldy
{quote} I've used vantage for few years before they kicked canadian out. They are neck to neck with icmarkets in everything.... i am still subscribed to their market newsletter.... They never missed it in last few years..... {image}
yes, they do not accept canadians, but accept your home country where you come from.

Then find a way to bring money back to canada
Intraday only.
  • #41,209
  • Aug 25, 2024 7:44pm Aug 25, 2024 7:44pm
Quoting TrAndy1
{quote} What is the benefit of such a newsletter ? I am not subscribed to any. Sometimes it is difficult to unsubscribe even I tried several times. Did you mean that sarcastic ?
There is no harm in checking others' opinions about the market......
But yeah their anlaysis is like 50% good lol..... Most of the times they are wrong.....
Extreme gut feeling trader
  • #41,210
  • Aug 25, 2024 7:51pm Aug 25, 2024 7:51pm
Quoting Aussi
{quote} it is a asic regulated trader and must comply with the law i have traded with vantage years ago and never had a problem with withdrawals from them i find stupid people dont give them the right identification and get caught when they try to withdraw money it seems giving us the truth might be more plausible
I have several complaints about withdraws at Vantage, that I know from PERSONAL environment. But there are more of them. Also if you say that educated people who studied 5 years at the university are all stupid, you need to describe in what way are they so stupid, so when they trade normally on a broker their profits need to be forfeited and deposits needs to be held back because of that stupidty. For me this sounds very stupid. Second, if any profitable trader flips his accounts a few times, why he should be stupid ? It may be stupid for a b-booker like on prop challenges for the broker, but any trader who is capable doing that MUST BE SMART. I was talking of that guy who made short term over a few hundred percent on his account and wanted to withdraw his 35k profits. What is so stupid here ? I do not bother as I do not want to continue that conversation. Vantage Markets is a huge red flag for me. And I traded live on them too. Vantage has by far worse slippage than IC Markets, FYI.
  • #41,211
  • Aug 25, 2024 8:28pm Aug 25, 2024 8:28pm
I am going to trade in my own way with Darwin .

Darwin index is attached at the end of friday close.

And Darwin index attached after Tokyo open today.

Index jumped from 63.75 to 65.99.

The risk : reward matters, as I see.

As some of you say, if darwin punishes me after 45 days due to my Yolo method trading, then..ha....ha...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: darwin friday.png Size: 10 KB
Click to Enlarge Name: Darwin sunday.png Size: 12 KB
Intraday only.
  • #41,212
  • Aug 25, 2024 8:55pm Aug 25, 2024 8:55pm
Quoting TrAndy1
{quote} I have several complaints about withdraws at Vantage, that I know from PERSONAL environment. But there are more of them. Also if you say that educated people who studied 5 years at the university are all stupid, you need to describe in what way are they so stupid, so when they trade normally on a broker their profits need to be forfeited and deposits needs to be held back because of that stupidty. For me this sounds very stupid. Second, if any profitable trader flips his accounts a few times, why he should be stupid ? It may be stupid for...
and because you opened your mouth again i had to respond >>>i am not saying your stupid please read again but if the shoe fits ware them , and for your 5 years at university seems wasted but who am i to judge , please feel free to respond
people leave, but this thread will go on for ever
  • #41,213
  • Aug 25, 2024 9:28pm Aug 25, 2024 9:28pm
Started week by some BS missing tp by a tick n hitting sl twice.....

Average asian session....

1. APex - 420$ on each was around 900$ before the BS happened
2. Myfundedfutures done for the day 300$ what i need to get a payout on friday.
3. Topstep evals DLL hit......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot 2024-08-25 at 10.28.11 PM.png Size: 40 KB
Click to Enlarge Name: Screenshot 2024-08-25 at 10.28.04 PM.png Size: 24 KB
Click to Enlarge Name: Screenshot 2024-08-25 at 10.29.30 PM.png Size: 64 KB
Extreme gut feeling trader
  • #41,214
  • Aug 25, 2024 10:35pm Aug 25, 2024 10:35pm
Quoting montygoldy
3. Topstep evals DLL hit.........
//----

hey monty..... kinda sure you know this but others might not.....

effective today, topstep is doing away with the daily loss limit.....

only going forward..... it is not retroactive.....

however, if using the free reset at subscription date option, that might qualify as 'going forward'......h
//------

What This Means For TopstepX Traders: Every new Trading Combine, Reset, or new Express Funded Accountwill be created without a Daily Loss Limit.

  1. Set Your Own Limits: You now have the freedom toset a Personal Daily Loss Limit that fits your risk tolerance and strategy.
  2. Increased Risk: Without the Daily Loss Limit as a safety net, it's more important than ever to stay disciplined and know when to call it a day.
  3. Full Control: You have the power to decide whether you want more room to the downside or need strict limits.
  4. More Room To Trade: Without a Daily Loss Limit, you have immediate access to your full Maximum Loss Limit.


***IMPORTANT: This update is currently available exclusively on TopstepX. We are working to extend it across NinjaTrader, Tradovate, Quantower, and all our partner platforms soon!

to trade and code, keep both simple... no call to impress....h
  • #41,215
  • Edited 11:51pm Aug 25, 2024 11:18pm | Edited 11:51pm
Just to report on my MPFunds funded account, I didn't get paid before breaching. Target was 8/4 with drawdown of 10/5. Purchased using a 28% discount.

1. Payout request was rejected due to not setting stoploss. They sent 4 emails after passing the evaluation, and I missed the 4th because it wasn't sent using the name "MPFunds" and I skipped it. They added additional rules to the account that stipulated a 2% risk SL per instrument within 2 minutes in that email.
2. They deducted the profit and let me trade again after rejecting the payout, however, this time, the SL I set at around 0.6% was hit during a news event and that's a breach. Apparently, I needed to close the trade 2m before the event because of the SL rule (can't remove the SL).

I guess I should have gone for the swing account (and read all my emails even if they seem like spam).

Their 7 days to payout is actually after 7 business days and their business days are from Mon-Thurs. So, let's say if your first trade is on a Thurs Aug 15th, you'll only be able to request a payout on Aug 28th (15, 19-22, 26, 27 are the business days).

Process is a bit slow. Phase 1 to Phase 2 took 2 business days for the account to be created.
Phase 2 to funded took 3 business days. Process is not automated. You'll have to sign a PDF and send it back through email.

Trading conditions:
1. Didn't experience slippages on XAUUSD, DAX, NAS, DOW, USDJPY.
2. Spreads for XAUUSD was very good at about 6 throughout the day. Spreads for indices were among the higher ones that I've experienced so far. Forex spreads were decent with a 3/round trip comission.
  • #41,216
  • Aug 25, 2024 11:57pm Aug 25, 2024 11:57pm
Quoting hayseed
{quote} //---- hey monty..... kinda sure you know this but others might not..... effective today, topstep is doing away with the daily loss limit..... only going forward..... it is not retroactive..... however, if using the free reset at subscription date option, that might qualify as 'going forward'......h //------ What This Means For TopstepX Traders: Every new Trading Combine, Reset, or new Express Funded Accountwill be created without a Daily Loss Limit. Set Your Own Limits: You now have the freedom toset a Personal Daily Loss...
that will be glorious but i need quickly on tradovate.. this time i purchased evals on tradovate
Extreme gut feeling trader
  • #41,217
  • Aug 26, 2024 12:22am Aug 26, 2024 12:22am
Quoting maltrader
Just to report on my MPFunds funded account, I didn't get paid before breaching. Target was 8/4 with drawdown of 10/5. Purchased using a 28% discount. 1. Payout request was rejected due to not setting stoploss. They sent 4 emails after passing the evaluation, and I missed the 4th because it wasn't sent using the name "MPFunds" and I skipped it. They added additional rules to the account that stipulated a 2% risk SL per instrument within 2 minutes in that email. 2. They deducted the profit and let me trade again after rejecting the payout, however,...
Looks like a scam with so many rules. You cannot remove SL and then you need to monitor news maybe also orange news to close your trades. Additional rules usually are red flag if they are provided individually or only because of your success in obtaining a payout on funded account. I would not trust them. Thanks for this report.
  • #41,218
  • Aug 26, 2024 1:44am Aug 26, 2024 1:44am
Quoting TrAndy1
{quote} Looks like a scam with so many rules. You cannot remove SL and then you need to monitor news maybe also orange news to close your trades. Additional rules usually are red flag if they are provided individually or only because of your success in obtaining a payout on funded account. I would not trust them. Thanks for this report.
Well, they are looking out for ways not to pay for sure. I was only trading 2 lots for forex and 0.5 for gold there. Max drawdown never went above 0.35% and yet all profit was forfeited due to the 2% SL rule (everything is gone even if you miss 1 SL). Looking at the recent reviews at trustpilot, seems like I'm not the only one caught by it (I haven't submitted my review yet).
  • #41,219
  • Edited 3:51am Aug 26, 2024 3:36am | Edited 3:51am
Quoting montygoldy
{quote} It is good .... But now i have moved to tradovate i am more comfortable with it...
It's strange that you have success on MFFU and not Topstep. Both have daily loss, so is the scaling plan + consistency during eval (anti yolo defense shield) the issue?
  • #41,220
  • Aug 26, 2024 5:06am Aug 26, 2024 5:06am
Quoting montygoldy
{quote} It is good .... But now i have moved to tradovate i am more comfortable with it...
Hi montygoldy,

Thank you for that reply. Did you find TopStop-X to reflect the true futures market prices & the trades commissions free? If so, why did you move to Tradovate? Was it because you are more familiar with the Tradovate platform? Thank you again for sharing.
55 traders viewing now