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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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  • #44,721
  • Nov 27, 2024 9:36am Nov 27, 2024 9:36am
Quoting montygoldy
{quote} Atleast thats good he got refunded without any issues.... I think alot of firms have strict rules regarding the KYC if you fail then sorry goodbye...... I had the similar issue with SUmsub i dont remember which other firms uses it in forex.... But the issue was with the documents then i used other identities it worked like permanent residency card....... These KYC services usually raise flags not because your from UK, canada or developed country but because you immigrated there not your birthplace... Sometimes the documents have mixture...
Tradeify refunds properly.

On the other day, I did reset of an expired / about to expire account.

My tradovaye was not working as there was no feed.

After, I complained, they made it alright.

Then, I noticed that the expiry of that account is within next 3 days, I felt, i can not pass. I asked them to cancel subscription and refund the money.

They promptly refunded 45 $.

Honest Firm.
Intraday only.
  • #44,722
  • Nov 27, 2024 10:44am Nov 27, 2024 10:44am
I just lost all my apex accounts (yolo'ing). LOL I am actually happy. Fuck em. They are denying payouts anyways. I am doing good with MFF and TickTick.
No More Apex in my life. Fuck the Trailing drawdown. I love End of Day drawdown.

FXIFY Futures is about to launch soon. I am really looking forward to them.

I value my time and want to spend it with better companies.
Drawdown is more important than Account Size !
  • #44,723
  • Nov 27, 2024 11:47am Nov 27, 2024 11:47am
There are two ways to YOLO.

It is applicable in FX as well as futires trading.

In the right side , if one " YOLO ", he can make very good money.

But the opportunity to do ( increase lot size ) is less.

Usually, we tend to YOLO only when in wrong side, and chances of loosing is higher.
Intraday only.
  • #44,724
  • Nov 27, 2024 12:28pm Nov 27, 2024 12:28pm
e8 payout process way too slow
  • #44,725
  • Nov 27, 2024 2:12pm Nov 27, 2024 2:12pm
Quoting Takisd
e8 payout process way too slow
i was considering their 1 step pro challenge 8% target with 8% drawdown, 100k 398usd but 2% daily profit and loss cap, how much slow is the payout process? you think is good to buy a challenge from them?
  • #44,726
  • Nov 27, 2024 2:30pm Nov 27, 2024 2:30pm
Quoting pipmaster77
{quote} Yes, but he lost a lot of hard work. IMO, KYC should be done before they allow purchase of an eval. Of course, they figure 99% will never need it, so why bother. In the end, it becomes another obstacle to potentially not get paid after you have done all of the work.
i think alpha started doin this my other firms will follow soon.. its a not so big kinda a problem that prop firms want to fix now
Extreme gut feeling trader
  • #44,727
  • Nov 27, 2024 3:14pm Nov 27, 2024 3:14pm
Quoting Takisd
e8 payout process way too slow
rise or plane?
  • #44,728
  • Nov 27, 2024 3:16pm Nov 27, 2024 3:16pm
Quoting Novazor
{quote} i was considering their 1 step pro challenge 8% target with 8% drawdown, 100k 398usd but 2% daily profit and loss cap, how much slow is the payout process? you think is good to buy a challenge from them?
My experience has been, 1day to approve, to actually recieve the payment 1 week.
  • #44,729
  • Nov 27, 2024 3:56pm Nov 27, 2024 3:56pm
Quoting rizla101
{quote} My experience has been, 1day to approve, to actually recieve the payment 1 week.
thats to much time wow
  • #44,730
  • Nov 27, 2024 4:06pm Nov 27, 2024 4:06pm
Quoting rizla101
{quote} rise or plane?
rise
  • #44,731
  • Nov 27, 2024 4:07pm Nov 27, 2024 4:07pm
Quoting Novazor
{quote} i was considering their 1 step pro challenge 8% target with 8% drawdown, 100k 398usd but 2% daily profit and loss cap, how much slow is the payout process? you think is good to buy a challenge from them?
They will pay out and the pro account is what I have. But its slow and the money isnt deducted fast to continue trading. Its like prop from 5 years ago.
  • #44,732
  • Nov 27, 2024 4:25pm Nov 27, 2024 4:25pm
Hi all

I don't usually post on FF, but I've been following this thread since the first post.

I think the email I received from Paul Langham might be of interest to my fellow older men (I'm 66, by the way):

https://app.getresponse.com/click.ht...QM4&z=EJobta0&

Cheers

Private
  • #44,733
  • Nov 27, 2024 5:27pm Nov 27, 2024 5:27pm
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Extreme gut feeling trader
  • #44,734
  • Nov 27, 2024 8:45pm Nov 27, 2024 8:45pm
Another one ....

THese MFFU accounts are the longest and most payout approved from a single account......

Some stats.....
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Extreme gut feeling trader
  • #44,735
  • Nov 27, 2024 11:57pm Nov 27, 2024 11:57pm
Quoting procrude
I just lost all my apex accounts (yolo'ing). LOL I am actually happy. Fuck em. They are denying payouts anyways. I am doing good with MFF and TickTick. No More Apex in my life. Fuck the Trailing drawdown. I love End of Day drawdown. FXIFY Futures is about to launch soon. I am really looking forward to them. I value my time and want to spend it with better companies.
Sad to hear this news
  • #44,736
  • Nov 28, 2024 12:52am Nov 28, 2024 12:52am
Quoting ladder
Has anybody done Alpha capital interview? What is the interview like? What questions do they ask?
I also got a notification to be interviewed and there are many people in Discord claiming about the same. I think they may be running out of cash. The next slots available are only for the 2nd week of December. Until then payouts are on hold and no trading allowed, which is very convenient if they need to collect cash from challenges to be able to pay. Alpha has always been very shady. They started by KYC done twice for no reason and now they went to another level.

I would be careful with Alpha futures. The nature of the people behind it is the same.
  • #44,737
  • Nov 28, 2024 12:53am Nov 28, 2024 12:53am
Quoting montygoldy
Another one .... THese MFFU accounts are the longest and most payout approved from a single account...... Some stats..... {image} {image} {image} {image} {image} {image}
Was it fast ? If I remember well last time was insane, in just a couple of minutes.
  • #44,738
  • Nov 28, 2024 12:59am Nov 28, 2024 12:59am
Quoting Capablanca
{quote} Was it fast ? If I remember well last time was insane, in just a couple of minutes.
Same timing couple of minutes...... MFFU doesnot disappoint thats why its no.1 on my list last 3 months.... whoever pays fast and without hassle should be appreciated......
Extreme gut feeling trader
  • #44,739
  • Edited 1:38am Nov 28, 2024 1:09am | Edited 1:38am
Asia Update DOne for the week.......

BEautiful gold longs tried 3 times... 2 times hit breakeven but third time the charm hit all tp's....

As today and tomorrow will be counted as 1 day coz of thanksgiving holiday so done for the week.........

1. MFFU (FUNDED) - 50kx3 - nearly 1000$ total (First account payout approved today alot of drawdown in there n including today profit i hit 30 winning days mark... lets see if they move this one to live. Second account and third account need 800$ more to be eligible for payout due to DLL this payout cycle)
2. Tradeify (FUNDED) - 150kx7 - 11242$ total (DAY 3 recorded... Made more than expected as I accidentally put the ticktick tp in here..)
3. Tickticktrader (Funded) - 150kx5 - 7875$ total (Offically recovered DLL this cycle now just need two more winning days like this to pull 3000x4... hoping for the tuesday to be the auspicious day)

TOTAL - 20k

As i mentioned before many times first payout requires effort if achieved then target will be smaller for subsequent payouts for eg... for 2nd payout on ticktick i just need to aim 500-600$ a day for 5-6 days to pull 3k and same with tradeify as it requires 10 trading days so even lower 300$ a day.......
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Extreme gut feeling trader
  • #44,740
  • Nov 28, 2024 4:02am Nov 28, 2024 4:02am
Quoting montygoldy
Asia Update DOne for the week....... BEautiful gold longs tried 3 times... 2 times hit breakeven but third time the charm hit all tp's.... As today and tomorrow will be counted as 1 day coz of thanksgiving holiday so done for the week......... 1. MFFU (FUNDED) - 50kx3 - nearly 1000$ total (First account payout approved today alot of drawdown in there n including today profit i hit 30 winning days mark... lets see if they move this one to live. Second account and third account need 800$ more to...
If I talk about my last 2 trades that I recently taken.
1 trade ends in BE after reversing from 1:2 RR
2nd trades end in SL after reversing from 1:2 RR

& When I see your trades your trades are like 5:1 RR
You taking profit so quick, few pips with heavy lot, risking too big
I am not saying right or wrong, its all about the way we trade!

But you may not hurt that much than a person whose profitable trades reversed.
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