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- sampat replied 25 hr ago
Yes it is kind of consistency rule. So dont make more than 1500$ on a day to follow 50% daily rule.
- sampat replied 26 hr ago
ETF changed their policy looks like Futures funding companies are bitten by Forex prop firms ETF Policy Transparency Written by Elite Trader Funding Updated on May 16, 2024 Dear Traders, Our mission is to move traders to Live Elite accounts ...
- sampat replied 30 hr ago
But what if each order has their own limit take profit order. For example if my intent is to buy 1 NQ lot lot in between 17900 and 18000 area. I would break down 1 NQ into 10 MNQ with 10 pip grid till it reaches my SL lets say 17880 area with each ...
- sampat replied 31 hr ago
My question is how they will watch stop loss? Lets say I have 50K account and I am risking 2.5K to make 500$. If my strategy is winning 10 and loosing 1 or 2. I am ok with blowing up account and take 500$ profit daily. How they will prevent that? ...
- sampat replied May 15, 2024
I bet their registrations will reduce to half as gamblers may be their bread and butter. It may have spiral impact once they start denying payouts.
- sampat replied May 15, 2024
How do they know about stop loss as there may be separate orders (in quantower one can use bracket stop and take profit)?
- sampat replied May 15, 2024
News trading doesn't work with trailing DD especially with larger lot size. Any pull back will kill account as trailing doesn't stop on evals
- sampat replied May 15, 2024
If it is a loosing strategy why APEX is banning . First time I am seeing casino wants players to win
- sampat replied May 14, 2024
Because lots of people might be buying
- sampat replied May 14, 2024
Yes but you have only 4 days to pass to take advantage of one time PA fees. Allowed trailing DD = 6.5K Profit target = 15K Only thing attractive here is one time fees 85$.
- sampat replied May 14, 2024
90% is always for first month following month it is 80%
- sampat replied May 14, 2024
Why can't they hedge small portion in all PA accounts. For example if they B-Book 1 micro EVERY standard 1 lot traded by trader. Why can't they make profit as there is TRAILING DRAWDOWN.
- sampat replied May 14, 2024
If they want to put them into live account they need to withdraw everything and allow only one account which result in sending wrong signal to upcoming traders. I remember APEX started to implement withholding threshold like other firms but there ...
- sampat replied May 14, 2024
Well FTMO has same warning in some countries like India. Regulatory authorities act only when they sense they can extort money
- sampat replied May 14, 2024
Problem with that thing is it will get too big to handle. For example with 3 months cap traders are accumulating 100K+ what if they do for 12 months?
- sampat replied May 14, 2024
Real news will not come out until it happens. Money gone for challenge or eval is considered as write off for trading business.
- sampat replied May 13, 2024
Well they had back to back 90% of every long weekend last year and still they were strong. Again people getting confused with eval fees. Their main bread and butter is in PA fees which will never have discount.
- sampat replied May 13, 2024
I am not sure how it is good? Even if there is 1000 fake ponzi prop firms and payout money. Why do we as a trader care about real or fake?
- sampat replied May 13, 2024
Yes only for Darwin Zero. Opening classic account (brokerage account) is not allowed.
- sampat replied May 13, 2024
DarwinIA calibration (stage where they learn trading style and adjust risk for signal account) is done Signal account Overall profit - 60.26% Max loss - 15% Total Trades - 1656 Trading days - 15 Mostly traded - NDX Index Darwin Index profit - ...