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  • #48,241
  • Apr 16, 2025 1:25pm Apr 16, 2025 1:25pm
Quoting Expo33
{quote} 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.
I think they don't, but I follow the colours in the dashboard so I try to be below 20%.

Anyway, the more trades you do, provided it's not a big one and the 0.01, you will be going down in the score. I'm now close to 10% and going down.
  • #48,242
  • Apr 16, 2025 4:03pm Apr 16, 2025 4:03pm
Boom

First payment received from Topstep
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  • #48,243
  • Apr 16, 2025 6:26pm Apr 16, 2025 6:26pm
Quoting Capablanca
{quote} I think they don't, but I follow the colours in the dashboard so I try to be below 20%. Anyway, the more trades you do, provided it's not a big one and the 0.01, you will be going down in the score. I'm now close to 10% and going down.
Perfect. Overtrading is my specialty. Account should be blown up by tomorrow, but at least I'll have a good consistency score
Pride always comes before destruction.... -Proverbs 16:18
  • #48,244
  • Apr 16, 2025 8:36pm Apr 16, 2025 8:36pm
Dollar-Cost Averaging (DCA)

  1. Positions are added to the same pair using a fixed lot size.
  2. Example: 0.10 → 0.10 → 0.10
  3. Lot size remains the same as positions increase.

Martingale

  1. Positions are added to the same pair using increasing lot sizes.
  2. Example: 0.10 → 0.20 → 0.40
  3. Lot size increases as positions increase.

Blueberry Funded labels DCA type of trading as Martingale and considers it gambling, even though the actual method used is DCA with a fixed lot size.

Are there other prop firms that don’t allow DCA?

  • #48,245
  • Apr 16, 2025 9:18pm Apr 16, 2025 9:18pm
Quoting TU2023
{quote} 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. {image} {image} {image} {image} {image} {image} {image}
Wait, you passed the evaluation and they canceled your account saying there was a failed account creation issue and are asking you to retake the test?
  • #48,246
  • Apr 16, 2025 9:30pm Apr 16, 2025 9:30pm
Quoting maltrader
{quote} Wait, you passed the evaluation and they canceled your account saying there was a failed account creation issue and are asking you to retake the test?
It sounds like there was a system level issue at that prop firm. Probably due to a technical error or backend validation issue.

I would ask why a passed test is being treated as failed, and why the refund is dependent on user cancellation.
  • #48,247
  • Apr 16, 2025 10:06pm Apr 16, 2025 10:06pm
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 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? {image}
This is what happens when prop firms create performance metrics. It seems purely statistical. It doesn’t consider:

  1. How much risk was taken
  2. Whether drawdowns were within acceptable limits
  3. Whether losses were controlled

It doesn’t reward good risk management. It just favors even P/L distributions.

A trader who takes one large profit and keeps losses small, like Trader C, might actually be safer and more disciplined than someone who takes large losses and wins occasionally, like Trader A.

The formula doesn’t measure risk quality. It just measures uniformity.

  • #48,248
  • Apr 16, 2025 11:05pm Apr 16, 2025 11:05pm
Quoting maltrader
{quote} Wait, you passed the evaluation and they canceled your account saying there was a failed account creation issue and are asking you to retake the test?
yes.
TakeProfitTrader literally has no support team.
I emailed them many times, no response.
  • #48,249
  • Apr 16, 2025 11:06pm Apr 16, 2025 11:06pm
Quoting Th3W1z4rd
{quote} It sounds like there was a system level issue at that prop firm. Probably due to a technical error or backend validation issue. I would ask why a passed test is being treated as failed, and why the refund is dependent on user cancellation.
I emailed. but no response. TakeProfitTrader support desk is a joke.
  • #48,250
  • Apr 16, 2025 11:34pm Apr 16, 2025 11:34pm
Quoting TU2023
{quote} I emailed. but no response. TakeProfitTrader support desk is a joke.
Message them on their social media, they're probably more likely to respond faster since it's public. Something like “I passed my test on 4/9, got approval, but the PRO account setup failed and support hasn’t responded in days. Can someone at @takeprofittrader help?”
  • #48,251
  • Apr 17, 2025 12:12am Apr 17, 2025 12:12am
Quoting Expo33
{quote} Perfect. Overtrading is my specialty. Account should be blown up by tomorrow, but at least I'll have a good consistency score

I should have said the more days you trade and not the more you trade

Consistency score is calculated suming up the daily P&L.
  • #48,252
  • Apr 17, 2025 12:56am Apr 17, 2025 12:56am
Quoting TU2023
{quote} yes. TakeProfitTrader literally has no support team. I emailed them many times, no response.
Unbelievable. Guess they go on the blacklist.
  • #48,253
  • Apr 17, 2025 3:38am Apr 17, 2025 3:38am
Quoting montygoldy
{quote} 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

Im having really bad week on USDJPY. Every time i get the signal to buy/sell it goes opposite direction. I only have $100 left to kill this account .
  • #48,254
  • Apr 17, 2025 3:48am Apr 17, 2025 3:48am
Quoting MoHoSK
{quote} Im having really bad week on USDJPY. Every time i get the signal to buy/sell it goes opposite direction. I only have $100 left to kill this account .
Please read Proverbs 18:20 - 21 and watch
Inserted Video


God cares for you and can really help you.

Regards
  • #48,255
  • Apr 17, 2025 6:13am Apr 17, 2025 6:13am
https://www.fundednetwork.online/
Anyone trading with this "prop firm"
  • #48,256
  • Apr 17, 2025 8:09am Apr 17, 2025 8:09am
Quoting TU2023
{quote} I emailed. but no response. TakeProfitTrader support desk is a joke.
That is one thing that always bugged me about them. It still appears to be a one man operation. No active discord or any support channels to speak of.
Trade with confidence, trade without fear.
  • #48,257
  • Apr 17, 2025 8:10am Apr 17, 2025 8:10am
So FN has officially gone into the futures biz. It looks interesting however its hella expensive, I'm not sure how they will compete with the current offers from other firms.

$199 for a 50k account and they only offering a 10% discount.
Truth is like poetry. And most people f*cking hate poetry.
  • #48,258
  • Apr 17, 2025 8:26am Apr 17, 2025 8:26am
Quoting mrdfx
So FN has officially gone into the futures biz. It looks interesting however its hella expensive, I'm not sure how they will compete with the current offers from other firms. $199 for a 50k account and they only offering a 10% discount.
I remember seeing an advert saying that's all you pay, no activation fees or so. I haven't checked the details.
  • #48,259
  • Apr 17, 2025 8:41am Apr 17, 2025 8:41am
Quoting Th3W1z4rd
{quote} Message them on their social media, they're probably more likely to respond faster since it's public. Something like “I passed my test on 4/9, got approval, but the PRO account setup failed and support hasn’t responded in days. Can someone at @takeprofittrader help?”
Thanks @Th3W1z4rd.
good idea, but I am not sure what kind of the problems this TAKEPROFITTARDER would create in future. Trying to go with easy ones with good policy and support.
I tried them because of their 25K with EOD DD, even though it becomes Trailing DD in PRO.

in my opinion, TakeProfitTrader is NOT WORTH the Efforts and Money.
  • #48,260
  • Apr 17, 2025 10:56am Apr 17, 2025 10:56am
Quoting Capablanca
{quote} I remember seeing an advert saying that's all you pay, no activation fees or so. I haven't checked the details.
They made cfd prop in futures. Its expensive and the rules are just as tight as a futures company. No activation fee is true though. I didnt see anything interesting in their offering for futures
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