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Anyone trading with a Prop firm 31 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

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  • #43,041
  • Oct 8, 2024 1:12pm Oct 8, 2024 1:12pm
Quoting navk
{quote} my profit today stands at 2900 $ I will now reduce the profit.

still 5800 - 3000 = 2800 extra to be made ….throw more money out the window..
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  • #43,042
  • Oct 8, 2024 1:24pm Oct 8, 2024 1:24pm
Quoting Stoneyrocks
{quote} still 5800 - 3000 = 2800 extra to be made ….throw more money out the window.. {image}
Yes, I did that exactly.

My wife advised me too.
Intraday only.
  • #43,043
  • Oct 8, 2024 1:29pm Oct 8, 2024 1:29pm
Quoting montygoldy
{quote} there is 50% consistency rule for evals.... check the dashbaord you need to make alot more now to pass as you made 2800$ in a day... Plus if you choose topstepx platform there is no daily loss limit
Top step , for tradovate, 1000 $ daily loss limit
Intraday only.
  • #43,044
  • Oct 8, 2024 1:34pm Oct 8, 2024 1:34pm
Quoting Stoneyrocks
{quote} you only need 4177 / 0.5 = 8354 - 3000 = 5354 extra to make …{image} {image} next time read the rules before trading
You did a very good thing to me by providing calculator.

It made my life easier.

I traded tradify consistently.

With Top step, the first day loss of 1107 stirred me up a bit on second day.

lol
Intraday only.
  • #43,045
  • Oct 8, 2024 1:47pm Oct 8, 2024 1:47pm
Quoting navk
{quote} You did a very good thing to me by providing calculator. It made my life easier. I traded tradify consistently. With Top step, the first day loss of 1107 stirred me up a bit on second day. lol
if you had done your job , reading the rules before trading , we would not need to have this conversation in this thread.
I wanted to save your life but next time , I wont, at 67 years old , I dont want this stress anymore …
thanks for understanding
  • #43,046
  • Oct 8, 2024 1:57pm Oct 8, 2024 1:57pm
Quoting Stoneyrocks
{quote} if you had done your job , reading the rules before trading , we would not need to have this conversation in this thread. I wanted to save your life but next time , I wont, at 67 years old , I dont want this stress anymore … thanks for understanding
You are 33 years younger to me.

Intraday only.
  • #43,047
  • Oct 8, 2024 1:58pm Oct 8, 2024 1:58pm
Quoting navk
{quote} You are 33 years younger to me.
you must be joking

then I take back my words , next time just throw the money in my pockets instead of out of the window
  • #43,048
  • Oct 8, 2024 2:01pm Oct 8, 2024 2:01pm
Quoting Stoneyrocks
{quote} you must be joking
Ask anybody in this thread.

I have told this age only.

They all accepted.



By the way, Monty knows, I am old engineer. I told him once that at his age, i was like him, go getter
Intraday only.
  • #43,049
  • Oct 8, 2024 3:03pm Oct 8, 2024 3:03pm
Quoting Capablanca
{quote} I wonder if going from 5% to 4% daily affects that many people. If so, then it may be a good idea for props to decrease number of gamblers and/or people that are hedging and need to pass in a few trades. I never imagined that this would be a problem for anyone.
Every time some firms do a little adjustment i try to do reverse engineering on why now. If they (fxify and alpha) are doing this changes, it's clear that something is moving, but what .......... probably potatoes.
  • #43,050
  • Oct 8, 2024 3:47pm Oct 8, 2024 3:47pm
Quoting navk
{quote} Monty, I have now reduced purposely the profit made. Today profit is 2900 $. Reduced purposely by 1286 $. !!
Good job you realised at right time.... once i had to make 6k to pass 50k coz i made 3000$ on one single day.....
yep if you choose topstepx platform there is no daily loss limit whereas tradovate has.
Extreme gut feeling trader
  • #43,051
  • Oct 8, 2024 4:37pm Oct 8, 2024 4:37pm
Funded SIM account created in my Tradeify account today
Intraday only.
  • #43,052
  • Oct 8, 2024 4:40pm Oct 8, 2024 4:40pm
Quoting montygoldy
{quote} Good job you realised at right time.... once i had to make 6k to pass 50k coz i made 3000$ on one single day..... yep if you choose topstepx platform there is no daily loss limit whereas tradovate has.
I now need to make 1689 dollars to pass
There was advice in my profile to make this money in 2 or more days
Intraday only.
  • #43,053
  • Oct 8, 2024 7:28pm Oct 8, 2024 7:28pm
Why 5ers and ftmo have meta trader still while a bunch of other prop firms had their metaquotes license revoked?
  • #43,054
  • Oct 8, 2024 9:33pm Oct 8, 2024 9:33pm
Quoting Razay
Why 5ers and ftmo have meta trader still while a bunch of other prop firms had their metaquotes license revoked?
Hi, you can drop a letter to - MetaQuotes Software Corp, they have a very detailed explanation.
  • #43,055
  • Oct 9, 2024 12:24am Oct 9, 2024 12:24am
Quoting TrAndy1
{quote} I have attached a full autotranscript from the mentioned youtube video, it is in Czech and English language as file attached. So you do not miss out any info. Cheers. {file} Sorry, it did not format the text with this tool. I just found a better website. But I cannot save it as file so you need to browse yourself. Here is you do the following: Go to: https://notegpt.io/youtube-transcript-generator Then type into generate summary field: "www.youtube.com/watch?v=Gh6QAJgAqxA"...
Cheers!

I do not get what's the problem all Apex officials suffering, that they are so chatty, unable to speak effectively and clearly.
Not only in the videos, but even though in FAQs and funded rules. They are unable to describe things effectively just in several sentences. They are writing poems about simple rules like consistency, DCA, etc. I do not need to read Dostoevsky's when I want to know the PA rules.
  • #43,056
  • Oct 9, 2024 1:15am Oct 9, 2024 1:15am
Inserted Video
  • #43,057
  • Oct 9, 2024 1:30am Oct 9, 2024 1:30am
Maybe someone can see a parallel between the props and this restaurant.
Or maybe between Homer and the really successful traders?

Inserted Video
  • #43,058
  • Oct 9, 2024 6:35am Oct 9, 2024 6:35am
No trading of CPI today.

Done some 100 $ in Futures live. That is it.

Appoinment in Medical lab.
Intraday only.
  • #43,059
  • Oct 9, 2024 7:07am Oct 9, 2024 7:07am
Quoting navk
No trading of CPI today. Done some 100 $ in Futures live. That is it. Appoinment in Medical lab.
Isn't CPI tomorrow? FOMC minutes is today.
  • #43,060
  • Oct 9, 2024 7:32am Oct 9, 2024 7:32am
Quoting maltrader
{quote} Isn't CPI tomorrow? FOMC minutes is today.
yeah
Intraday only.
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