Prop Firm Hub | Page 2209 | 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

  • #44,161
  • Nov 6, 2024 1:09pm Nov 6, 2024 1:09pm
Quoting Expo33
Although I've reached the necessary profit to receive my 4th allocation in a row I will continue trading the rest of the month. If I don't trade the rest of the month I would receive $250 for my first payment which basically covers my total investmennt in DZero up to this point. I am still curious how they set the rating each month after getting an allocation. I mean I only had to earn 0.47% for November. {image}
My take is you should trade to reach 20% by 8 months for gold allocation.
  • #44,162
  • Nov 6, 2024 1:12pm Nov 6, 2024 1:12pm
Quoting Expo33
Although I've reached the necessary profit to receive my 4th allocation in a row I will continue trading the rest of the month. If I don't trade the rest of the month I would receive $250 for my first payment which basically covers my total investmennt in DZero up to this point. I am still curious how they set the rating each month after getting an allocation. I mean I only had to earn 0.47% for November. {image}
The previous 5 months weigh heavy, I got an allocation for this month despite being -0.77% last month and was already qualified this month before even placing a trade. Matter of fact, just checked and I can be -0.5 again this month and still receive the 30K.
However, I am going to get more aggressive to ramp up for gold as the current month is the player in gold....for seed allocations anyway. I'm sure investors are still looking at track record.
  • #44,163
  • Nov 6, 2024 4:09pm Nov 6, 2024 4:09pm
All indices had huge one sided range today.
Some retrace ?
Intraday only.
  • #44,164
  • Nov 6, 2024 4:15pm Nov 6, 2024 4:15pm
Quoting Expo33
Although I've reached the necessary profit to receive my 4th allocation in a row I will continue trading the rest of the month. If I don't trade the rest of the month I would receive $250 for my first payment which basically covers my total investmennt in DZero up to this point. I am still curious how they set the rating each month after getting an allocation. I mean I only had to earn 0.47% for November. {image}
You have studied a lot about zero.

After 6 months, one can get decent returns ?
Or after 1 year ?
Intraday only.
  • #44,165
  • Nov 6, 2024 5:45pm Nov 6, 2024 5:45pm
3rd payout approved ladies n gents… within 40mins

1200x2 after 90% 2160$
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_2025.png Size: 136 KB
Extreme gut feeling trader
  • #44,166
  • Edited 7:24pm Nov 6, 2024 5:45pm | Edited 7:24pm
Quoting navk
This s & p range is too much to handle ? Of course, i took very minimal lots, to be on safe side Apex 1 : 677 $ Apex 2 : 592 $ MFFU : 619 $. No more today.
Apex 1 - 301 $
Apex 2 - 340 $
MFFU - 310 $.
FXIFY : 1 .05 %
Asian strategy, done and closed.

Tokyo yet to open.

No need to trade anymore today.

But, I do not know.

FXIFY, definitely will not touch anymore today.

Futures, I will.
Intraday only.
  • #44,167
  • Nov 6, 2024 6:44pm Nov 6, 2024 6:44pm
Quoting navk
{quote} Apex 1 - 252 $ Apex 2 - 302 MFFU - 276 $. FXIFY : 1 .05 % Asian strategy, done and closed. Tokyo yet to open. No need to trade anymore today. But, I do not know. FXIFY, definitely will not touch anymore today. Futures, I will.
navk are you happy with FXIFY regarding slippage and overall platform quality etc?
  • #44,168
  • Nov 6, 2024 6:48pm Nov 6, 2024 6:48pm
Quoting FocusWinReal
{quote} navk are you happy with FXIFY regarding slippage and overall platform quality etc?
They are good IMO. They have mt4

Slippage minimal, not many restrictions, they pay for genuine traders who do not violate terms.
Intraday only.
  • #44,169
  • Nov 6, 2024 7:01pm Nov 6, 2024 7:01pm
Quoting navk
{quote} They are good IMO. They have mt4 Slippage minimal, not many restrictions, they pay for genuine traders who do not violate terms.
Ok thanks, good to know.
  • #44,170
  • Nov 6, 2024 7:37pm Nov 6, 2024 7:37pm
Quoting sheva89
{quote} My take is you should trade to reach 20% by 8 months for gold allocation.
Agree.

Also, if I don't trade then it will take longer for my risk factor to increase. I've been stuck at 0.34 for over a month. So for me to make 3.4% in a month I really need to make 10% and can't go more than 2.5 lots to keep my VAR within the acceptable range. Not as easy as it might seem.

Anyways, still loving the model and the overall experience. I feel zero stress and trading for me isn't really work.
Pride always comes before destruction.... -Proverbs 16:18
  • #44,171
  • Nov 6, 2024 7:44pm Nov 6, 2024 7:44pm
Quoting navk
{quote} You have studied a lot about zero. After 6 months, one can get decent returns ? Or after 1 year ?
So much will depend on making consistent profits.

My goal is to have a minimum of 1 million in 3 years and 3 million in 5 years.

For now, the only thing that matters is to shoot for an average of 3% per month. If I can do that then everything will fall into place.
Pride always comes before destruction.... -Proverbs 16:18
  • #44,172
  • Edited Nov 7, 2024 9:23am Nov 6, 2024 8:36pm | Edited Nov 7, 2024 9:23am
Quoting Expo33
{quote} So much will depend on making consistent profits. My goal is to have a minimum of 1 million in 3 years and 3 million in 5 years. For now, the only thing that matters is to shoot for an average of 3% per month. If I can do that then everything will fall into place.
if one can do 3 % per month, it will cover the cost. But, after a year or so, once you get good allocation, it would be constant income.

The consistency matters in all kind of trading.

Yes.
Intraday only.
  • #44,173
  • Nov 6, 2024 8:38pm Nov 6, 2024 8:38pm
Quoting Expo33
{quote} So much will depend on making consistent profits. My goal is to have a minimum of 1 million in 3 years and 3 million in 5 years. For now, the only thing that matters is to shoot for an average of 3% per month. If I can do that then everything will fall into place.
Is there any traders or data of traders on the platform that have such allocations????
Extreme gut feeling trader
  • #44,174
  • Edited 9:09pm Nov 6, 2024 8:56pm | Edited 9:09pm
Quoting montygoldy
{quote} Is there any traders or data of traders on the platform that have such allocations????
No.
Pie in the sky.
Unless you can be the top trader on the platform for 6 months straight.
No one has done it.
Unless maybe with investor funds added or the sum of all allocations granted lifetime, one might get above 1 mil.


What is the maximum allocation for Darwinex?
€500,000 allocation
Receive up to €500,000 allocation if your return is the best on the platform in a given month. Allocations are awarded for 6 month periods, meaning you could receive a total of €3M if you were to consistently be the top-performing trader.
  • #44,175
  • Nov 6, 2024 10:15pm Nov 6, 2024 10:15pm
Quoting OutThere
{quote} No. Pie in the sky. Unless you can be the top trader on the platform for 6 months straight. No one has done it. Unless maybe with investor funds added or the sum of all allocations granted lifetime, one might get above 1 mil. What is the maximum allocation for Darwinex? €500,000 allocation Receive up to €500,000 allocation if your return is the best on the platform in a given month. Allocations are awarded for 6 month periods, meaning you could receive a total of €3M if you were to consistently be the top-performing trader.
no one has done.... thats a bummer they been in business for long enough still nobody able to do it .....
Extreme gut feeling trader
  • #44,176
  • Nov 6, 2024 10:19pm Nov 6, 2024 10:19pm
Quoting montygoldy
{quote} no one has done.... thats a bummer they been in business for long enough still nobody able to do it .....
This is Darwinex's hall of fame. https://www.darwinex.com/darwinia/hall-of-fame
  • #44,177
  • Nov 6, 2024 11:30pm Nov 6, 2024 11:30pm
Quoting montygoldy
{quote} no one has done.... thats a bummer they been in business for long enough still nobody able to do it .....
You could do it if you can make 2%/mo. apparently.

You could make that in one yolo trade and then leave the account alone till next month and then make another winning yolo trade and so on.
Easy for you I think.
  • #44,178
  • Edited 12:26am Nov 7, 2024 12:11am | Edited 12:26am
Quoting montygoldy
{quote} Is there any traders or data of traders on the platform that have such allocations????
I think people are missing the big picture here. My stated goals were for investor capital not for allocations

Allocations are nice. They can provide some extra income as you pursue the ultimate goal of securing investor $$$

Here is a good example: https://www.darwinex.com/darwin/JTL
Attached Image (click to enlarge)
Click to Enlarge Name: ccc.png Size: 47 KB


This guy did well for a few years. Averaged a bit less than 3% a month and got 3 million in investor capital. BUT, for the last 2 years he's basically made ZERO profits. Hard to say if he got all of that investment capital in the first 3 years but you would think that may be the case.

Point being if you make 3% per month for 3 years then the allocations will just be an added perk. The real dough will come from investors
Pride always comes before destruction.... -Proverbs 16:18
  • #44,179
  • Nov 7, 2024 12:17am Nov 7, 2024 12:17am
Quoting OutThere
{quote} You could do it if you can make 2%/mo. apparently. You could make that in one yolo trade and then leave the account alone till next month and then make another winning yolo trade and so on. Easy for you I think.
.... My only issue is its a pretty damn slow process to get something out of it...
Right now milking 2k from MFFU every 7 to 8 average days feels like a bit of waste efforts......
I am at a stage where For me MATH needs to be 10k or above to feel like doing something meaningful and adrenaline rush...
Extreme gut feeling trader
  • #44,180
  • Nov 7, 2024 12:18am Nov 7, 2024 12:18am
Quoting Expo33
{quote} My goal is for outside investor $$$, not allocations

EXpo the Hedge fund Emperor like Trandy......
Extreme gut feeling trader
61 traders viewing now