Intraday only.
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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
prop firm new model - my trading journey 871 replies
Disliked{quote} People should start trading with prop firms after they have learned to trade and don't have enough capital to trade for themselves. The sign up fee and activation fee for a 50 k account cost you only $ 200 for a lot of leverage.Ignored
Disliked{quote} I am sure they copy good live traders and make a lot more than 10 %Ignored
Disliked{quote} I know. Markets are closed for the holiday....I think I'm going to have to go to the Hard Rock casino today.......need my fix.Ignored
Disliked{quote} I am sure they copy good live traders and make a lot more than 10 %Ignored
Disliked{quote} I know. I have used props for 5+ years. I was responding to the fact that someone asked "is there a prop firm that does not rely/charge challenge fees and is truly interested in you winning?" Your response was Topstep, which is 100% not correct. They are just like all the others, just more expensive.Ignored
Disliked{quote} They are not just like others, they pay really. Can not compare them with ticktick or futures elite. Yesterday, i was clculating the loss that occured because of my mistakes and firm cheating me. Lost funded accounts atleast 6x50k + 1x 150k + 1 x 250k ( All due to my mistakes ) The firms cheating : Ticktick : 7530 Futures elite : 6 x 1500 All happened in the last 2 months. This has created some kind of void in me as well as seriousness to how to approach in future. Having said, I really do not need so much money for living, we ( I and my...Ignored
DislikedTopstep offsets a lot of losses from moving people to funded. Its not a money making mechanism is a loss prevention mechanism. They likely are getting exchange kickbacks as well on those trades.Ignored
Disliked{quote} How would they make more than 10% if paying the trader 90%. In what world is 90+10 more than 100? No offence, but math is an ESSENTIAL skill in trading.Ignored
Disliked{quote} You sound like if it was easy, at starting point, to know who will be the winning traders from the one that will be the losers. It's not, otherwise they wouldn't move the losers to live accounts. They would let them burn their accounts and pocket the fees. Not even MFF was able to do that. Moving traders to live is a losing thing for prop. It's like a stop loss measure for prop.Ignored
Disliked{quote} They have very sophisticated analysis tools. It's not a bucket shop.Ignored
Disliked{quote} looking at this table, Trader C has my vote. very disciplined, cuts losses short, and let the the profits run.Ignored
DislikedAnyone has experienced or know someone out there in the social and video networks, being transitioned from sim to live account on Tradeify? supposedly after the 4th payout…. asking because looks like a good option to aim for, but I wonder if they really do!Ignored