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  • #44,761
  • Nov 28, 2024 11:15am Nov 28, 2024 11:15am
Quoting montygoldy
https://www.youtube.com/watch?v=jnm2...PatrickWieland Love this guy proving all haters wrong... He Genuinely trades with big sizes live on stream..... shows balances.... Never missed any of his stream (highlight i mean)
the only rule i know is: never trust any payout of prop, just take a look on his performance on live account over some years. much less easy to fake with many 1000 trades inside if done in good broker (of course no cheap whitelabel broker the person owns themself or make deal with broker owner). to many make deals with prop and can get any number as payout (even fake stories around that it looks like they are not connected...).

if he dont have a very good life account performance, the only reason is he dont have it done good in trading over a longer time. its so easy. nobody would not trade live accounts too when he is good in trading. and people like him (who show anything what they have to get viewers) would show live account results too.

so i like to stay with the reality what is less easy to fake and so can calculate with this numbers. so for me, anything what is easy to fake should be not calculated.
we are inside a business where 99% is fake what you read and see online, that is not like normal business.
  • #44,762
  • Nov 28, 2024 1:44pm Nov 28, 2024 1:44pm
Quoting montygoldy
{quote} right now i would suggest, 3xMFFU, 7xtradeify, 5xticktick, 5xtopstep, 5xtakeprofittrader,20xelitetraderfunding, 3xalpha-futures, 3xbulenox, 3xblusky, 3xuprofit(never used them but they have static drawdown).. choose your pick..... first 5 i have used personally no issues....
I'm planning to max those first 5 where Monty had no issues if they have a good promo tomorrow.

Are those a monthly model as well ? Meaning that if I buy them tomorrow (29th) I'll have to burn of pass in 30 days, otherwise I pay another month, like Apex ?

Right now I have not time to read everything. I'll have to load them and then start looking at one by one. I trust I won't find anything strange.
  • #44,763
  • Nov 28, 2024 2:19pm Nov 28, 2024 2:19pm
Quoting Capablanca
{quote} I'm planning to max those first 5 where Monty had no issues if they have a good promo tomorrow. Are those a monthly model as well ? Meaning that if I buy them tomorrow (29th) I'll have to burn of pass in 30 days, otherwise I pay another month, like Apex ? Right now I have not time to read everything. I'll have to load them and then start looking at one by one. I trust I won't find anything strange.
once funded with Takeprofittrader, trailing on equity , no thanks
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  • #44,764
  • Nov 28, 2024 2:50pm Nov 28, 2024 2:50pm
Quoting Trader191
{quote} the only rule i know is: never trust any payout of prop, just take a look on his performance on live account over some years. much less easy to fake with many 1000 trades inside if done in good broker (of course no cheap whitelabel broker the person owns themself or make deal with broker owner). to many make deals with prop and can get any number as payout (even fake stories around that it looks like they are not connected...). if he dont have a very good life account performance, the only reason is he dont have it done good in trading over...
as for me money doesnt matter if he fakes the number or not.. but i have been following his streams for few months and his analyisis is excellent and money management is excellent as well. He always go with bigger sizes and most of the times have sniper entries even he is wrong take a acceptable loss .. i am only talking what he is doing in live streams… i dont care how much fake numbers he show or have in his bank as it doesnot affect me…
Extreme gut feeling trader
  • #44,765
  • Nov 28, 2024 3:01pm Nov 28, 2024 3:01pm
Quoting Capablanca
{quote} I'm planning to max those first 5 where Monty had no issues if they have a good promo tomorrow. Are those a monthly model as well ? Meaning that if I buy them tomorrow (29th) I'll have to burn of pass in 30 days, otherwise I pay another month, like Apex ? Right now I have not time to read everything. I'll have to load them and then start looking at one by one. I trust I won't find anything strange.
Start with mffu 50kx3 starter plans only gonna cost 76$ with 5% discount you can find any affiliate link…
Next load up 50kx5 topstep evals gonna cost 50$ each then 150$ for each activation fees….
these firms have no nonsense rules + 5 days payout policy should be your priority….

tradeify and ticktick i am still in process of getting a payout so except that all seems good….
for tradeify you can try 50kx7 growth account same like mfffu will cost 80-85$ with current deal on their website.. no activation fees
then ticktick if you have budget then buy straight funded as it makes more sense over there….
Now when it comes to takeprofittrader it should be last one coz some nonsense stuff dll will breach account and you cannot add risk settings as it is blocked by them. Then intra day trailing when it comes sim stage and 80% profit share….
elite trader funding looks enticing as well with their current offer 90% offf with 20 account so intra trailing 50kx20 will cost 320$ where as eod trailing 50k20 will cost 580$ then they have monthly 80$ each or 160-170$ one time activation fess
Extreme gut feeling trader
  • #44,766
  • Nov 28, 2024 4:13pm Nov 28, 2024 4:13pm
Quoting montygoldy
{quote} Start with mffu 50kx3 starter plans only gonna cost 76$ with 5% discount you can find any affiliate link… Next load up 50kx5 topstep evals gonna cost 50$ each then 150$ for each activation fees…. these firms have no nonsense rules + 5 days payout policy should be your priority…. tradeify and ticktick i am still in process of getting a payout so except that all seems good…. for tradeify you can try 50kx7 growth account same like mfffu will cost 80-85$ with current deal on their website.. no activation fees then ticktick if you have budget...
Out of all, I would give top priority for for Direct funding models.

Hitting DL is limited.

It is more like FX prop model.
Intraday only.
  • #44,767
  • Nov 28, 2024 4:36pm Nov 28, 2024 4:36pm
Some people here have still not stopped commenting bad on prop models.

About a year ago, the same people were making comments on my own daily target 1 % or 2 % model with a mt4 broker.

If prop firm model and account with mt4 is not for you, you need to quit trading.

Make as much as possible quick in short time frame, then move to mt4 broker to trade regularly, casually.
Intraday only.
  • #44,768
  • Nov 28, 2024 8:32pm Nov 28, 2024 8:32pm
Oops

https://www.financemagnates.com/fore...m-and-cloning/
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Pride always comes before destruction.... -Proverbs 16:18
  • #44,769
  • Nov 28, 2024 9:23pm Nov 28, 2024 9:23pm
Man some stupidity from me and bs as well....
DLL hit ....... on mFFU only coz today only this firm count as a seperate day.....
tried gold longs literally hit my sl and before reversing
Stupid of me where sl hit i tried short and got smoked again......
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Extreme gut feeling trader
  • #44,770
  • Nov 29, 2024 12:06am Nov 29, 2024 12:06am
Quoting pipmaster77
{quote} Winning % WILL ALWAYS be higher with smaller target/larger stop, opposite with tight stop/larger target. You need a higher win rate with smaller targets and a much lower win rate with higher target to stop. https://tradeciety.com/how-to-use-re...sk-ratio-guide {image} PROFESSIONAL TRADERS ABOUT REWARD:RISK RATIO When you read trading books or listen to interviews with successful traders, you will notice that the majority (if not all) talk extensively about the reward-to-risk ratio and how managing their risk is a vital part...
Risk : Reward is certainly the most important part of trading.
  • #44,771
  • Nov 29, 2024 3:16am Nov 29, 2024 3:16am
Quoting Stoneyrocks
{quote} once funded with Takeprofittrader, trailing on equity , no thanks {image}
I don't understand. Isn't this a standard in futures ?

Apex (the only one I have) also trails in funded up to the initial amount + $100
  • #44,772
  • Nov 29, 2024 3:22am Nov 29, 2024 3:22am
Quoting Capablanca
{quote} I don't understand. Isn't this a standard in futures ? Apex (the only one I have) also trails in funded up to the initial amount + $100
takeprofittrader is bs in this case… only reason people like takeprofittrader is there is no consistency and you can ask payout everyday…. Otherwise they have some hidden bulljive….
plus i dint know why some firms like apex is totally dependent on intra trailing thats the thing of the past now everyone offers end of day with cheaper price… apex kinda firms need to learn and adapt fast and do something about it they are losing all the hype and now not in top 3 choice of prop traders
Extreme gut feeling trader
  • #44,773
  • Edited 7:46am Nov 29, 2024 5:18am | Edited 7:46am
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TRADEDAY PROMOTION
  • #44,774
  • Nov 29, 2024 5:30am Nov 29, 2024 5:30am
Quoting Capablanca
{quote} I don't understand. Isn't this a standard in futures ?
No, it isn’t. It’s (exactly as Monty rightly says) ridiculous bullshit and a huge red flag telling you to have nothing to do with the firm.
  • #44,775
  • Nov 29, 2024 6:31am Nov 29, 2024 6:31am
Quoting montygoldy
{quote} takeprofittrader is bs in this case… only reason people like takeprofittrader is there is no consistency and you can ask payout everyday…. Otherwise they have some hidden bulljive…. plus i dint know why some firms like apex is totally dependent on intra trailing thats the thing of the past now everyone offers end of day with cheaper price… apex kinda firms need to learn and adapt fast and do something about it they are losing all the hype and now not in top 3 choice of prop traders
If I understand correctly they're saying that DD is an intraday DD. I didn't find that strange because that's what I had in Apex.
So them and Apex are the only ones doing intraday DD instead of EOD DD ?
Sorry for the noob question but I have not been following this future turmoil in the recent months.
  • #44,776
  • Edited 7:34am Nov 29, 2024 7:23am | Edited 7:34am
Quoting Capablanca
{quote} If I understand correctly they're saying that DD is an intraday DD. I didn't find that strange because that's what I had in Apex. So them and Apex are the only ones doing intraday DD instead of EOD DD ? Sorry for the noob question but I have not been following this future turmoil in the recent months.
Yes, I believe the only two with NO other options. Ironically, TakeProfit is EOD during eval and then trails on your live sim.
Bulenox trails as well, but now offers a slightly more expensive EOD.
MFFU, Topstep, TickTick, Tradeify all EOD accross all models.
EOD usually comes with a DLL equal to 50% of your total DD, which is actually a good thing as it will normally save you from blowing in a day.
  • #44,777
  • Nov 29, 2024 8:32am Nov 29, 2024 8:32am
Quoting pipmaster77
{quote} Yes, I believe the only two with NO other options. Ironically, TakeProfit is EOD during eval and then trails on your live sim. Bulenox trails as well, but now offers a slightly more expensive EOD. MFFU, Topstep, TickTick, Tradeify all EOD accross all models. EOD usually comes with a DLL equal to 50% of your total DD, which is actually a good thing as it will normally save you from blowing in a day.
Guys after passing MFF phase 1 do we click any button or i need to wait next week to trade funded account?
Do i need to cancel the evaluation monthly subscription right, so it doesnt charge me
  • #44,778
  • Nov 29, 2024 9:44am Nov 29, 2024 9:44am
Quoting Novazor
{quote} Guys after passing MFF phase 1 do we click any button or i need to wait next week to trade funded account? Do i need to cancel the evaluation monthly subscription right, so it doesnt charge me
Still doing evals there, Monty would be best to answer that one.
With others, usually get the live credentials after 6 pm ET (beginning of next trading day)...so in your case I would imagine Sunday evening.
I always cancel the monthly sub if it was not done automatically. However, I would wait for the confirmation that you passed.....you don't want to be left $1 short for some reason and lose all of your work because account was cancelled and cannot be recovered.
  • #44,779
  • Nov 29, 2024 9:44am Nov 29, 2024 9:44am
Quoting pipmaster77
{quote} Yes, I believe the only two with NO other options. Ironically, TakeProfit is EOD during eval and then trails on your live sim. Bulenox trails as well, but now offers a slightly more expensive EOD. MFFU, Topstep, TickTick, Tradeify all EOD accross all models. EOD usually comes with a DLL equal to 50% of your total DD, which is actually a good thing as it will normally save you from blowing in a day.
One thing to note here is TickTick challenges will have daily drawdown violation even if you cross threshold. For example for 50K account they have 1250$ daily loss limit and they allow at max 7 contracts without scaling from day 1. If your balance goes to 55K your trailing stops at 50100 but daily loss limit still remains at 1250. It is hard breach.
  • #44,780
  • Nov 29, 2024 9:45am Nov 29, 2024 9:45am
Quoting Novazor
{quote} Guys after passing MFF phase 1 do we click any button or i need to wait next week to trade funded account? Do i need to cancel the evaluation monthly subscription right, so it doesnt charge me
automatic cancel..... dont cancel yourself then its a failed eval.......
they need 1 business day to send the sim account......
Extreme gut feeling trader
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