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  • #45,361
  • Dec 19, 2024 3:28pm Dec 19, 2024 3:28pm
Quoting mangotango
{quote} Will you try tradeify ? with 150k x 5 accounts after the changes take place
i already have 150kx7…. Yes they are good
Extreme gut feeling trader
  • #45,362
  • Edited Dec 20, 2024 5:14am Dec 19, 2024 3:30pm | Edited Dec 20, 2024 5:14am
Quoting Novazor
{quote} Did tradeify banned you too monty?
no man dont say like that…… its my only hope for big pay day…..
i have 150kx7 straight
Extreme gut feeling trader
  • #45,363
  • Dec 19, 2024 3:33pm Dec 19, 2024 3:33pm
Check this some bs response from ticktick why they banned …

i mean is this for real audit by payment gateway
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Extreme gut feeling trader
  • #45,364
  • Dec 19, 2024 4:28pm Dec 19, 2024 4:28pm
Quoting montygoldy
Check this some bs response from ticktick why they banned … i mean is this for real audit by payment gateway {image}
is it rise?
  • #45,365
  • Dec 19, 2024 5:25pm Dec 19, 2024 5:25pm
If any of you trade tradeify ( Tradovate ) and MFFU ( Tradovate ) you could have seen noticeble lag in mgcg 5 in MFFU.

Also the platform was jumping at Tokyo open in Tradeify Tradovate
Intraday only.
  • #45,366
  • Dec 19, 2024 5:44pm Dec 19, 2024 5:44pm
Quoting Takisd
{quote} is it rise?
I dont know which payment gateway they are referring…
is it the one i used to pay for the challenges or rise where i received money..::

if it is rise they should audit and directly tell me as i am the concerned party not the prop firms….
Extreme gut feeling trader
  • #45,367
  • Dec 19, 2024 5:55pm Dec 19, 2024 5:55pm
Quoting navk
If any of you trade tradeify ( Tradovate ) and MFFU ( Tradovate ) you could have seen noticeble lag in mgcg 5 in MFFU. Also the platform was jumping at Tokyo open in Tradeify Tradovate
coz crazy movements same happened yesterday on gold….. tradovate is awful in such scenarios
Extreme gut feeling trader
  • #45,368
  • Edited 7:57pm Dec 19, 2024 7:36pm | Edited 7:57pm
Quoting montygoldy
Check this some bs response from ticktick why they banned … i mean is this for real audit by payment gateway {image}
What kind of audit? If there is audit why would RISE contact them? They should have contacted you. If your rise is working and getting payouts from other prop firms means they don't want you to deal with you as if they wait for 6 payouts you could have extracted much more so polite way to say fuck off. These prop firms figure out way to BAN traders either via live account or via these payment gateways. It is generally used by Forex prop firms like Funding Pips during Payout if processor like RISE couldn't verify trader they BAN and don't pay any payouts.
  • #45,369
  • Dec 19, 2024 8:11pm Dec 19, 2024 8:11pm
Quoting sampat
{quote} What kind of audit? If there is audit why would RISE contact them? They should have contacted you. If your rise is working and getting payouts from other prop firms means they don't want you to deal with you as if they wait for 6 payouts you could have extracted much more so polite way to say fuck off. These prop firms figure out way to BAN traders either via live account or via these payment gateways. It is generally used by Forex prop firms like Funding Pips during Payout if processor like RISE couldn't verify trader they BAN and don't...
Exactly if there is a audit it should be between me and rise..... Also i had more than 100k payouts on RISE fully verified account with all the tax info... Pure bS from ticktick i believe they never realised people will make them bankrupt at pretty quick pace... I mean check their discord every other payouts is 15k or more ..... Everyone milking their straight to funded.....
Thats pure Disrespect to Developed COuntry like Canada if payment processors have to audit canadians..... Pure BS
Extreme gut feeling trader
  • #45,370
  • Edited 11:26pm Dec 19, 2024 10:25pm | Edited 11:26pm
Quoting maltrader
{quote} Think BlueGuardian 50k is now 50 with the XMAS code. Tempted to get 3 accounts. Think after hitting the 3k target, we can withdraw 60% if profit is the buffer. Only thing is YOLO passing is frowned on there. Need to go slow and steady.
There’s no problem with going slow or fast, as long as it aligns with the rules, abilities, and luck. Using the 2024 IMF GDP per capita PPP standard I shared as a benchmark for monthly payout success might be the most relevant approach. It can be achieved through a salary or other jobs like this, as a trader. For my country, Indonesia, it’s "only" 1,370 USD, while for Canada, it’s 5,230 USD, making the target slightly easier for my country, though it’s still not always easy for traders.

As for the Kelly standard, it should not be misunderstood as the future prop firm standard created by Kelly Ann, but rather the Kelly Criterion, a mathematical formula for optimizing lot size in betting games, including trading (the financial world). What I’ve found after studying is that the optimal maximum leverage for forex is 10:1; the Kelly Criterion formula is Kelly=SR/σ, where SR is the Sharpe Ratio and σ (sigma) is the standard deviation of market volatility. For example, optimal maximum leverage for forex 10:1; Kelly = SR/σ; SR 0.1 and σ = 1%. For stocks, the leverage is 6:1, and for bonds, it’s 8:1. I’m still unsure about the figure for futures. This explains why gambler-type traders can go fast, achieving returns of up to 10% per month, compared to the go-slow approach. They place larger bets and focus on big events, whereas daily go-slow traders tend to achieve average returns closer to 3% per month.

So, from this perspective, the term "gambling trader" is actually somewhat inaccurate when used in the context of financial trading. This is because, regardless of the market or system, everything still falls within the framework of "gambling," or more elegantly put, speculation. This remains true as the evolution of financial trading continues to follow this trajectory to this day.

The problem with prop firms is that they implement a lot of rules without a solid foundation in financial knowledge (because their business model focuses more on adaptation and evolution). Meanwhile, traders are often accustomed to the "go slow, small lot" approach being the best way to trade, which is actually the opposite. Exactly, from now on, there's nothing wrong with either going slow or going fast. The prop firm's rules are indeed aligned with the "go slow" approach, as they aim to limit rapid progress and its associated risks (according to their perspective).

Sources:
1. https://x.com/ole_b_peters?lang=en (Ergodicity Economics) - The history of market models from the implications of Louis Bachelier's theory de la speculation to the current state of floating markets today -
2. https://papers.ssrn.com/sol3/papers....act_id=4965616
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #45,371
  • Dec 19, 2024 10:46pm Dec 19, 2024 10:46pm
Quoting montygoldy
{quote} Exactly if there is a audit it should be between me and rise..... Also i had more than 100k payouts on RISE fully verified account with all the tax info... Pure bS from ticktick i believe they never realised people will make them bankrupt at pretty quick pace... I mean check their discord every other payouts is 15k or more ..... Everyone milking their straight to funded..... Thats pure Disrespect to Developed COuntry like Canada if payment processors have to audit canadians..... Pure BS
Not sure where the problem is here - I suspect is bs from prop - but if that is with Rise itself it can be worrying if you use the same email to all props.

I use one email for each prop (even for registration) and the same for Rise. If any prop causes me problem with Rise, at least all my other Rise emails are clean and not compromised.
Some time ago there was evidence that the guy from Funding Pips was reporting profitable traders to Rise, saying they were not compliance in KYC (or something like that) and this caused troubles to those traders with Rise (and prevented them from withdrawing money from Rise).
  • #45,372
  • Dec 19, 2024 10:58pm Dec 19, 2024 10:58pm
Quoting Capablanca
{quote} Not sure where the problem is here - I suspect is bs from prop - but if that is with Rise itself it can be worrying if you use the same email to all props. I use one email for each prop (even for registration) and the same for Rise. If any prop causes me problem with Rise, at least all my other Rise emails are clean and not compromised. Some time ago there was evidence that the guy from Funding Pips was reporting profitable traders to Rise, saying they were not compliance in KYC (or something like that) and this caused troubles to those...
I hope all prop firms will be able to send money via Western Union in the future, a classic method integrated with bank accounts.

https://www.westernunion.com/us/en/home.html
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #45,373
  • Dec 19, 2024 11:11pm Dec 19, 2024 11:11pm
Quoting Capablanca
{quote} Not sure where the problem is here - I suspect is bs from prop - but if that is with Rise itself it can be worrying if you use the same email to all props. I use one email for each prop (even for registration) and the same for Rise. If any prop causes me problem with Rise, at least all my other Rise emails are clean and not compromised. Some time ago there was evidence that the guy from Funding Pips was reporting profitable traders to Rise, saying they were not compliance in KYC (or something like that) and this caused troubles to those...
Thats a good idea..... separate email for each firm......
I smell BS as well they just simply dont have any valid reason to ban so cooking up some payment gateway theory so it not on their side....
Extreme gut feeling trader
  • #45,374
  • Edited 11:34pm Dec 19, 2024 11:23pm | Edited 11:34pm
Just surfing found out a firm SAVIOUS seemslike they are pretty old as well..

NOT A PROMOTION LINK
https://en.saviusllc.com/

any one tried it ????
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Extreme gut feeling trader
  • #45,375
  • Edited 11:54pm Dec 19, 2024 11:41pm | Edited 11:54pm
Quoting montygoldy
Just surfing found out a firm SAVIOUS seemslike they are pretty old as well.. NOT A PROMOTION LINK https://en.saviusllc.com/ any one tried it ???? {image} {image}
Their team has names straight out of The Godfather.

As a fellow Italian I feel I can trust these guys. Well, except for the part where they kill you for cutting into their cement business.

Price to drawdown ratio is pretty good
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Pride always comes before destruction.... -Proverbs 16:18
  • #45,376
  • Dec 19, 2024 11:59pm Dec 19, 2024 11:59pm
Quoting Expo33
{quote} Their team has names straight out of The Godfather. As a fellow Italian I feel I can trust these guys. Well, except for the part where they kill you for cutting into their cement business. Price to drawdown ratio is pretty good {image}
yes i was checking discord nice payouts screenshots.....
But some extra costs after going through everything...

1. NO tradovate or projectx instead volumentrica (something like that)
2. Need to pay extra 110 euro for past payout like 24-48h which should be standard instead its 10 days if you dont purchase addon.
3. Then all the data cost comes from your pocket...

Good things..

1. No DLL
2. First payout 10 days then next in 5 days
3. They have a pathway to move to live as well
Extreme gut feeling trader
  • #45,377
  • Dec 20, 2024 12:59am Dec 20, 2024 12:59am
Quoting montygoldy
{quote} yes i was checking discord nice payouts screenshots..... But some extra costs after going through everything... 1. NO tradovate or projectx instead volumentrica (something like that) 2. Need to pay extra 110 euro for past payout like 24-48h which should be standard instead its 10 days if you dont purchase addon. 3. Then all the data cost comes from your pocket... Good things.. 1. No DLL 2. First payout 10 days then next in 5 days 3. They have a pathway to move to live as well
You are thinking about getting an account with them? If yes then what size you prefer?
  • #45,378
  • Dec 20, 2024 1:26am Dec 20, 2024 1:26am
Quoting Expo33
{quote} Their team has names straight out of The Godfather. As a fellow Italian I feel I can trust these guys. Well, except for the part where they kill you for cutting into their cement business. Price to drawdown ratio is pretty good {image}
Lots of hair gel
  • #45,379
  • Dec 20, 2024 1:28am Dec 20, 2024 1:28am
Quoting Arima03
{quote} You are thinking about getting an account with them? If yes then what size you prefer?
150k is my preference as higher chances of passing ....... with 7.5k drawdown....
After ticktick temporary ban i am out looking for a big money paying firm.......
Extreme gut feeling trader
  • #45,380
  • Dec 20, 2024 2:58am Dec 20, 2024 2:58am
Quoting montygoldy
Just surfing found out a firm SAVIOUS seemslike they are pretty old as well..

Yes, Savius is very old. It predates almost every firm discussed here. It used to have a truly horrible, dreadful reputation. That was a very long time ago - it may all have changed, now there’s much more competition!
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