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Anyone trading with a Prop firm 6 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

Attachments: Prop Firm Hub
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Prop Firm Hub

Quoting montygoldy
{quote} Thats some crazy money for 250k....and there is no big difference for half the money can get 150k straight.... Simple Math 150k max payout amout - 3k - 450$ 250k max payout amount - 4k - 899$ Plus if you have money worth 250k then purchase 150kx2 then earning potential is 6k as comapred to 4k
I can only think of one scenario trader is running out of all the prop firms in the world and want cushion on live as they can transfer 25K*3 = 75K instead of 15K*3 = 45K.
Quoting sampat
{quote} I can only think of one scenario trader is running out of all the prop firms in the world and want cushion on live as they can transfer 25K*3 = 75K instead of 15K*3 = 45K.
One can have :

Apex - 20
Tradeify - 6
Ticktick - 6
MFFU - 3
Futures elite - 6
Blue guardian - 6
Topstep
Earn2trade
Blunox
.....
......

There are many firms.

But i agree that one must consider longivity with firms by limiting risk
Intraday only.
Quoting Takisd
{quote} Send them some sharp flow and see. I clearly can't show you broker terminals with rejections because that would be unscrupulous. The retail offering of LMAX and the liquidity offering is different and takes a long time to tune. If you plug them in and start firing flow at them you will get rejections. If you have been working with them for years I suspect you will get better rates. I speak with someone who is ex LMAX (8 months or so not working with them) most days and his words not mine are "we struggled to actually execute the vision because...
it really depends on the decoy time and how toxic the flow is for the LP.
so your strategy design often decides over this point. often you can design to change your strategy to match the flow, so you (wins - losses ), your broker (commission + interest/conversion/finance fees) and the LP (spread...) can win.
Quoting Trader191
{quote} it really depends on the decoy time and how toxic the flow is for the LP. so your strategy design often decides over this point. often you can design to change your strategy to match the flow, so you (wins - losses ), your broker (commission + interest/conversion/finance fees) and the LP (spread...) can win.
My view is this - if you throw out a price, be ready to accept it. I had massive pain with lmax a few years back. Maybe its better now, but it was very bad and the flow wasn't arb, it was just sharp.
Quoting Takisd
{quote} My view is this - if you throw out a price, be ready to accept it. I had massive pain with lmax a few years back. Maybe its better now, but it was very bad and the flow wasn't arb, it was just sharp.
just sharpe (so you are very good for next seconds after your trade open, so get very often near best price from last seconds) can already be bad enough for the decoy time for some LP, so they cant give it fast enough to other LP/clients to earn from the spread or rest of it.
its a big topic, and not easy to answer in some sentences.

of course its more easy when you direct contract with each LP separately , if you want go arb or very sharp. its a harder business.

i speak here only about in general, lmax is only one of many other prime or prime of prime possibilities.
Quoting Vikolee
Is there any legit prop that is actually paying out? I will appreciate people contribution
That's a strange question because a legit prop is a prop that pays. Never saw a legit prop that doesn't pay because that would turn it into a not legit prop.

I'm not sure what you're asking. Can you rephrase the question ?
Quoting Capablanca
{quote} That's a strange question because a legit prop is a prop that pays. Never saw a legit prop that doesn't pay because that would turn it into a not legit prop. I'm not sure what you're asking. Can you rephrase the question ?
Sorry for the mix up. I meant, any prop that actually pays. And also do not have ridiculous rules> I know I can't do without rules but at least. Just trying weigh my options
Patience is the key
Quoting Vikolee
{quote} Sorry for the mix up. I meant, any prop that actually pays. And also do not have ridiculous rules> I know I can't do without rules but at least. Just trying weigh my options
A prop that pays may not be a reputable one but I understand what you mean.

I'm updating my past personal opinion: (this is just forex CFD props, no futures)

1. FTMO, 5ers, E8, City Traders Imperium, Audacity

2. Maven, Pit Trading

3. MFFx, ICFunded (upgraded, despite I have not reached any funded there)

Risky: Blue, Aqua, Alpha, ThinkCapital, Instant Funding, BlueBerry, FXIFY, Next, Funding Pips, Fintokei (downgraded because they are playing tricks with profitable players)

Avoid: Finotive, Goat, QuantTekel

Doubt: Pip Farm, HTrader (yet to test)

"Risky" for me are props that may have financial constrains or that pay but kick out profitable traders with arbitrary or fabricated facts.

Needless to say that this is a personal opinion and solely based in the likelihood of being paid and/or being kicked out based in my experience and in what I read in social media, trust pilot, etc. and it's necessarily very subjective. I have not considered prices, trading rules, trading conditions, etc.
Hi all,
May be the cookies in the pc keep track on what we see... Like I once saw rebelsfunding.com and I keep getting ads from this..
Has any one tired this prop firm? pls advice
Ravi Kiran T V
Quoting RoelsMajor
{quote} Many criteria are less important in my opinion. If you want to set a standard, just go with $25k, $50k, and $100k, as amounts beyond that usually relate to scaling, and accounts below $25k are very insignificant. What needs to be included to avoid noisy information are the Profit Target % and Drawdown % (especially whether it's trailing or static). (PIC 2 with Scale, now better). Simply put (if a 100k account is the goal): At Blueberry, you need to make a 20% profit to withdraw 8k. At E8, you need to make a 16% profit to withdraw 6.4k. {quote}...
I will buy soon.
Quoting Trader191
{quote} it really depends on the decoy time and how toxic the flow is for the LP. so your strategy design often decides over this point. often you can design to change your strategy to match the flow, so you (wins - losses ), your broker (commission + interest/conversion/finance fees) and the LP (spread...) can win.
a very good video about this from Darwinex

Inserted Video
Quoting Stoneyrocks
{quote} a very good video about this from Darwinex https://www.youtube.com/watch?v=YpHXvt4JbHQ&t=479s
i used wrong language in my message, now again in english :
is darwinex not using only one prime of prime LP only for the flow or they have more?
Inserted Video
Love Cars & Money !
Quoting Trader191
{quote} i used wrong language in my message, now again in english : is darwinex not using only one prime of prime LP only for the flow or they have more?
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Quoting Stoneyrocks
{quote} a very good video about this from Darwinex https://www.youtube.com/watch?v=YpHXvt4JbHQ&t=479s
this is a good video. and shows why news trading should not be accepted by props.

Saxo is not a good LP especially for non FX cfd's but finalto is top notch. If I am a broker and i have to pick one from that list, finalto is the one.
Look at this BS.... third day same story......

Took a long on NQ at tp at 21317 i.e 30points i.e 600$ with 1 mini......

MOFO went up to 21314 and reversed...again lost 300$ worth of drawdown
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Extreme gut feeling trader
DAY 7 - recorded

600$ away from threshold...... Hoping to do it on monday..... then i'll be aiming 200-300$ a day with peace of mind.....
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Extreme gut feeling trader
Quoting maltrader
{quote} First tick tick payout took 3 working days. Second one has been 3 working days without approval yet. Been seeing some people with 1 day approvals and others waiting more than a week without approvals. I don't trade on it in case it goes below the buffer. Not sure if it's locked until payout is approved. Haven't tried executing any trades after submitting my requests.
I will submit my first payout request today, 3k. at the end of this day.

Let us see how long it takes.

Until payout is processed, i will trade other accounts on hand.
Intraday only.
Quoting navk
{quote} I will submit my first payout request today, 3k. at the end of this day. Let us see how long it takes. Until payout is processed, i will trade other accounts on hand.
Still waiting for the second payout approval. Not sure if they're dragging the payouts but some people on discord seem to be getting approved very quickly. Will submit another payout request from a second account today as well.
Mofo 2025 cant be start like this ... THIS BS.... woke up this morning n saw one of the apex account is liquidated.... Its the same account which had trailing issues couple of days back...so after seeing the order history somehow copytrader missed to remove the buy order from NQ during the asia session and it got triggered while i was asleep and liquidated the account....

Btw i created a support ticket at apex but based on the pevious history i feel they will say its not on us.....
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Extreme gut feeling trader
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