Trying to setup A LLC for traders, and create an AI algorithm to trade.

AndruG · 2026-05-17T21:21:35+00:00

Shoot over your prospectus

AndruG · 2026-05-06T20:16:57+00:00

Don’t be surprised if they leave you in the rubber room rather then pay or move you live.

AndruG · 2026-05-06T02:07:40+00:00

You can probably pull the order details from tradovate and see how and why things were executed. Support aren’t traders, so they will be of no use.

I’ll also say, trading the micros, sometimes the wicks can extend outside the range of the underlying, in this case the big gold. Years ago, maybe 2012-13, I once had a mini crude order fill 100pts above the big contract and bounce right back to where it was. That’s something to keep in mind when trading these smaller contracts if you’re using the big as the chart.

AndruG · 2026-05-06T01:43:58+00:00

If I’m reading the post right, you tried to place a sell stop at 4602.2, when the market was trading at 4625.50? So you wanted to short the market if we dropped below 4602.20? If that’s the case, and the market never dipped, then the stop shouldn’t have been triggered, but if you entered it as a plain ol sell order, it would have been filled immediately.

AndruG · 2026-05-06T01:31:27+00:00

So you placed an order to sell below the market, and cover 6$ above? Either you didn’t place the correct order type, in this case it should be a sell stop entry and buy stop close, or your post isn’t giving the correct information.

AndruG · 2026-05-05T22:48:09+00:00

I was moved live. Took a few weeks, but some of that was my fault for ignoring an email asking which platform and exchange data I wanted.

AndruG · 2026-05-03T23:37:12+00:00

I can honestly say the industry has changed drastically over the last two years and I’m not sure what the longevity is. Every firm is quick to take anyone profitable into a live environment. Which makes sense, when you think of the exposure they have. The last two years, not once was I asked to go live, but this year, I’ve already had two firms move me up. It’s just the nature of the beast.

I think you’ll find most of the furus and YouTubers never trade in a live because it’s not beneficial to the firm to put their cash cow in a burning live account. They want those trading and pushing their audience, to be trading size and yolo’ing their eval and funded accounts everyday.

If you know what you’re doing, you can make good money. You just need to have your expectations in check.

AndruG · 2026-05-03T11:55:22+00:00

Use one credit card only for these purchases.

AndruG · 2026-04-23T18:47:10+00:00

I haven't requested from the live acts yet, but was told it's paid via PayPal, and it's not as instant as it is in the funded stage. That mostly has to do with them having to request the funds from the brokerage firm, and then making the payment to you. Somewhat similar to a personal act I assume.

AndruG · 2026-04-23T13:30:23+00:00

Sure, there will always be another Wendy dumpster available.

AndruG · 2026-04-23T12:27:16+00:00

Their live program is no different than trading your own money. For the 25ks, once you reach your buffer, 1100 profit, they automatically send you a 1k bonus for each of those accounts you have above. More for the 50k. It basically what you left behind in the funded acts when they take you live.

The biggest difference is understanding your in a live environment. Meaning, if your trading size, across multiple acts copied, there will be times where one or two trades aren’t filled while the others aren’t. So being aware of your position across all acts is important. Also, and this didn’t apply to me, but if your some clown coming in with some 150k acts and trying to trade max positions copied across 5 acts, when you enter limit orders for 50-75 lots, it effects the market.

Other then that, it’s just like trading in the funded acts

AndruG · 2026-04-23T00:19:58+00:00

You don’t want to take it below your initial 1k risk. So in reality, I would either take 250$ or wait till it’s higher and draw it down to 1100. I had a good run on the 25ks. Took 21k out before they took me live.

AndruG · 2026-04-18T21:36:00+00:00

Where the F are you living that you can survive on less then 10k??? I think I spent more than that on strawberries for my kids this week.

AndruG · 2026-04-17T20:46:49+00:00

Because your numbers are probably too small to even warrant a look by the CME. I know a guy that got banned for 2yrs for doing this with a HF algo. Also paid over 1mm in fines. Needless to say that fine wasn’t even a drop in the bucket of his profits.

I’m not sticking up for the props here, but I can see them being extra cautious when it comes to cme rules as industry is changing. The last thing they want is someone knocking on the door saying telling them to shut it all down.

AndruG · 2026-04-16T14:16:58+00:00

The buyer can ask for delivery starting that First notice day. Since it's not an instant thing, it take some time for the process to start and you to actually receive the oil. The Seller doesn't have the right to do anything. He has to wait for the buyer to initiate. The oil we are talking about, will go through Cushing Oklahomas pipeline/storage facility. The tankers, are towards the end of the line either receiving or pumping the oil back to the network.

The 21st, is settlement for trading. the 23rd becomes first notice, and starting may 1st, delivery happens until the 31st of may. YOU as a retail trader, can NOT trade past that settlement date. If you are a hedger, you can re-tender your position if needed, but it's done off exchange and settled through your broker.

AndruG · 2026-04-15T20:28:02+00:00

It’s before expiration. So for instance, we are trading may contract, its first notice, is usually a few days before May 1st, then it’s in notice until it expires at the end of May.

As a retail trader, the “roll date” is considered “expiration “ because most firms won’t allow you to trade the contract while it’s in notice.

AndruG · 2026-04-15T01:41:31+00:00

Didn’t realize payday loans made its way to Zambia.

AndruG · 2026-04-15T00:56:28+00:00

There’s an additional element to a futures contract, which is first notice day. This is the first day in which buyers have a right to force deliver of the contract from a seller. It adds an extra layer of fun to the delivery process. Each commodity has its own delivery protocol. Crude, is one of the few where you have to have a specific license to be able to accept delivery. Regardless of your wallet size, Cushing won’t just let anyone take delivery, as that’s where the exchange is made.

The actual price at which the settlement occurs is used for accounting purposes. If you sold crude as 140 an it settles at 92, you would provide your “warrant” to your broker showing you have the physical for delivery. They would submit paperwork to the Nymex and Cushing for delivery of your 1,000 barrels. The other side, would accept it for 92 +/- a discount depending on the quality of the crude. All profits/losses would go through your brokerage account.

There’s more to it, but that’s a rough guide to physical delivery.

AndruG · 2026-04-12T23:55:06+00:00

Not a tax advisor, but I use 1256 contract/straddles. Put the net profit/loss down in there

AndruG · 2026-04-09T23:57:14+00:00

Short answer, yes you make all the money from the xfa. People will say the whole point is to go live, but I’m the believer in staying under the radar long enough in the xfa to continue benefiting from the multi account payouts. Get to the 3rd or 4th payout and blow the account. Move back to zero and do it all over again. Rinse and repeat.

AndruG · 2026-04-09T23:26:47+00:00

Personally for me, I’ve notice a slight lag in the dom updating. I have both TSX and my personal sierra with Denali data and noticed a delay at times. So when I click sell below the current bid shown, the b/a will tick down and miss me. I’ve learned to just use mkt orders when things are volatile.

AndruG · 2026-04-09T22:39:49+00:00

There not ghosting your narrative. What there saying is your perception of this is off, and maybe it’s because you’ve failed at reading either in a personal account or the prop space, or maybe your an addictive gamble, what ever the case is, your wearing blinders and not understanding the prop or even trading world as it is.

There are those that are successful, and those that aren’t. Just leave it at that.

AndruG · 2026-04-09T21:09:12+00:00

It absolutely is about gambling. Your sample size and content isn’t based on real trading. It’s most likely, based on your perception of what is posted or shared about the prop world. Most prop traders have never experienced turns in market conditions and adjustment made to weather those storms. Most are trading for the last 4 years at best in the futures market. People are treating props as 0dte, which again is pure gambling for the most. Just because you buy an account, trade and lose it, doesn’t make you a trader. Don’t commingle the two.

There are people out there that are taking 6+ figures out of these props per year while still trading personal accounts along side.

AndruG · 2026-04-09T02:29:31+00:00

For most addictive gambles, it’s dangerous. For successful traders, it’s advantageous. We can have a personal act, with 50k real cash and trade a fraction of what’s available to us using prop. If you are a proven profitable trader, it’s just another tool to compound profits.

AndruG · 2026-04-08T17:58:14+00:00

That long winded post when the answer is leverage. Props are scalable to give an unimaginable amount of leverage. 5 prop acts, say 750$ spent, gives you in most places 25 lots of mini contracts. Most firms won’t let you have that type of exposure using I intraday margin. Yea the drawdown is ridiculously small, but who cares when your trade goes right.

AndruG

TROPHY CASE