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Anyone trading with a Prop firm 31 replies

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  • #48,221
  • Apr 15, 2025 9:59pm Apr 15, 2025 9:59pm
Quoting navk
{quote} I think we should avoid henceforth cheap offers. We shall go with reputed. Tradeify Topstep Mffu Apex ( if we follow rules they pay )
Take profit Trader has no payout issues at all. Only drawback is the intraday trail in the live sim.. However, once you clear buffer, daily payout is SIM with no cap.
  • #48,222
  • Edited 10:12pm Apr 15, 2025 10:01pm | Edited 10:12pm
I was preparing the prop firm fees transactions for year 2024.......

Prepared this excel lol..... 130k (btw canadian dollars i.e 93210 in american dollar) spent in challenges in 2024...

60% of that amount goes to APEX...


Plus i skipped some fees from the list likes of skilled funded traders, myflashfunding etc which are already gone....
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Extreme gut feeling trader
  • #48,223
  • Apr 15, 2025 11:47pm Apr 15, 2025 11:47pm
Quoting pipmaster77
{quote} Take profit Trader has no payout issues at all. Only drawback is the intraday trail in the live sim.. However, once you clear buffer, daily payout is SIM with no cap.
I have bad experience with TakeProfitTrader.

I passed a test account on 4/9; it is 4/15 and still have not got the PRO account.
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  • #48,224
  • Edited Apr 16, 2025 1:02am Apr 15, 2025 11:58pm | Edited Apr 16, 2025 1:02am
City Traders Imperium consistency rule is possibly the dumbest thing I've ever seen. Their example is beyond stupid. Not to mention they couldn't even get the math right on Trader A and their explanation below is all messed up.

So trader A is your guy? The guy who loses 5% of his account in one day and 2.5% on another day?

And trader C is a lowly scrub who relies on luck?
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Pride always comes before destruction.... -Proverbs 16:18
  • #48,225
  • Apr 16, 2025 12:51am Apr 16, 2025 12:51am
Quoting Expo33
City Traders Imperium consistency rule is possibly the dumbest thing I've ever seen. Their example is beyond stupid. Not to mention they couldn't even get the math right on Trader A and there explanation below is all messed up. So trader A is your guy? The guy who loses 5% of his account in one day and 2.5% on another day? And trader C is a lowly scrub who relies on luck? {image}
Yeah (and that one is indeed 31.8%, as you mentioned)

You just have to undestand it (which is not difficult) and game it, eheheh
  • #48,226
  • Apr 16, 2025 1:52am Apr 16, 2025 1:52am
Quoting navk
{quote} I too do not know. I just watch negative PNL as well as other things to monitor
I breached it. Futures not for me. Espeically HWM Trailing Equity Based Drawdown.
  • #48,227
  • Apr 16, 2025 3:58am Apr 16, 2025 3:58am
Today was the first day of trying out the FTMO free trial and I already got a Consistency Score = 0% Poor.

Will getting a "0% Poor” repeatedly each day be grounds for not getting approved?

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  • #48,228
  • Apr 16, 2025 4:00am Apr 16, 2025 4:00am
was so fine trading in last hours.
i even wrote in my journal
”finally volatility came to usual standard”
i closed a long in NQ for good profits looking at the tasty daily open as possible further progression along the day.
distracted by the phone, came back 3 minutes later to find NQ a billion ticks higher.

i wonder if that move would have fille SL/TP along the way
certipainly huge slippages on prop accounts i guess.

anyome has feedbacks about?
90% of traders use TA, indicators and prediction
  • #48,229
  • Apr 16, 2025 4:05am Apr 16, 2025 4:05am
Is anyone else sick of these sudden spikes every day?
  • #48,230
  • Apr 16, 2025 4:07am Apr 16, 2025 4:07am
Quoting genuine007
{quote} I breached it. Futures not for me. Espeically HWM Trailing Equity Based Drawdown.
do not go for traling indraday.

It will easily breach.

You need to go for EOD plan only.
Intraday only.
  • #48,231
  • Apr 16, 2025 6:44am Apr 16, 2025 6:44am
Quoting Th3W1z4rd
Today was the first day of trying out the FTMO free trial and I already got a Consistency Score = 0% Poor. Will getting a "0% Poor” repeatedly each day be grounds for not getting approved? {image}
It's only a free trial, it shouldn't affect anything at all. Also FTMO doesn't have any consistency rule.
  • #48,232
  • Apr 16, 2025 7:47am Apr 16, 2025 7:47am
Quoting Sherlock
{quote} It's only a free trial, it shouldn't affect anything at all. Also FTMO doesn't have any consistency rule.
Ah okay, so Consistency is an actual rule with some prop firms. I'm starting to look at them to find a decent one and the first funny thing I noticed is how Blueberry Funded defines gambling: "Holding five positions simultaneously in drawdown on the same pair."

Funny how they don't even know what Martingale is. Holding five positions simultaneously in drawdown on the same pair isn't Martingale unless the position sizes are increasing systematically during drawdown.

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  • #48,233
  • Apr 16, 2025 8:32am Apr 16, 2025 8:32am
I had almost 6 account of maven trading of 50 k and fail all of them because of the spread and you guys please suggest any prop firm which you had been before and always be yours favourite
  • #48,234
  • Apr 16, 2025 8:38am Apr 16, 2025 8:38am
My prop firm trading has been bumpy lately.
There's only $800 left in my MFFU live account. I hope they don't ban me for trading their money away, when I hit the MLL .

Meanwhile, I passed another Topstep evaluation. It's a 150K account this time. It was very nice of them to offer everyone a free reset, because of the crazy markets. Let's hope my Topstep curse is gone this time.
  • #48,235
  • Apr 16, 2025 9:17am Apr 16, 2025 9:17am
Quoting LetsGoPitt
My prop firm trading has been bumpy lately. There's only $800 left in my MFFU live account. I hope they don't ban me for trading their money away, when I hit the MLL . Meanwhile, I passed another Topstep evaluation. It's a 150K account this time. It was very nice of them to offer everyone a free reset, because of the crazy markets. Let's hope my Topstep curse is gone this time.
Nah man they dont ban you ... instead if you did a good performance on SIM account they will give you more chances..... before temp banning you from buying challenges....

FOr me when i went live i lost that account in 2 days lol..... it was 5k i was greedy as hell....
But during the SIM stage i received 5 payouts in 30 winnning days so they gave me two free chances to get back to live (but i was banned from purchasing any accounts) i.e a free accounts.
Extreme gut feeling trader
  • #48,236
  • Apr 16, 2025 11:02am Apr 16, 2025 11:02am
Quoting montygoldy
{quote} Nah man they dont ban you ... instead if you did a good performance on SIM account they will give you more chances..... before temp banning you from buying challenges.... FOr me when i went live i lost that account in 2 days lol..... it was 5k i was greedy as hell.... But during the SIM stage i received 5 payouts in 30 winnning days so they gave me two free chances to get back to live (but i was banned from purchasing any accounts) i.e a free accounts.
That's great! I heard horror stories about people getting banned (not at MFFU per se), so that crossed my mind.

I'm also temporary banned from purchasing more accounts. However, I have 2 dormant SIM accounts waiting for me. One healthy and one basically at MLL .

MFFU are really chill compared to others I read about here.
  • #48,237
  • Apr 16, 2025 11:26am Apr 16, 2025 11:26am
I see complaints about blueguardian futures payouts taking a long time.
  • #48,238
  • Apr 16, 2025 11:38am Apr 16, 2025 11:38am
Quoting Capablanca
{quote} Yeah (and that one is indeed 31.8%, as you mentioned) You just have to undestand it (which is not difficult) and game it, eheheh
BTW, I don't actually see where they specify what consistency percentage is required for payout. Although I'm already in drawdown so I might not have to worry about it anyways.
Pride always comes before destruction.... -Proverbs 16:18
  • #48,239
  • Edited 1:25pm Apr 16, 2025 12:56pm | Edited 1:25pm
Quoting Takisd
I see complaints about blueguardian futures payouts taking a long time.
yep...but the good part is they are paying......

Just got paid..... took 7 days........ the worst part is they keep the account paused until they pay....


BTW this is third payout on same accounts....
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Extreme gut feeling trader
  • #48,240
  • Apr 16, 2025 1:00pm Apr 16, 2025 1:00pm
Quoting MoHoSK
Is anyone else sick of these sudden spikes every day?
In asia for sure.... MOFO 1 min spikes hitting SL then flying to TP make me want to smash my screen.........


Look at gold today... monstrous longs... After smoking my longs in asia its been flying since then
Extreme gut feeling trader
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