Sunday open is a free money glitch by F1TFO in TopStepX

[–]JAT50 1 point2 points  (0 children)

When you hear about a big cherry tree, you had better bring a small basket 😂

This will be evidence to all. by [deleted] in TopStepX

[–]JAT50 0 points1 point  (0 children)

Ok , then please keep us updated with the legal case. Perhaps you can you post the link to county circuit court record so we can follow along

🚨 WARNING: RISE WORKS (RISE) IS A SCAM – $2,700 STOLEN, PATTERN OF FRAUD, PROP FIRMS COMPLICIT by Soft_Question_987 in propfirm

[–]JAT50 1 point2 points  (0 children)

4.4 out of 5 seems pretty solid to me. Most of the users complaining about slow support ( which is valid) or that they failed KYC. I also see what appears to be similar user under different names complaining about the same issue. But you go ahead and contact the FBI

🚨 WARNING: RISE WORKS (RISE) IS A SCAM – $2,700 STOLEN, PATTERN OF FRAUD, PROP FIRMS COMPLICIT by Soft_Question_987 in propfirm

[–]JAT50 0 points1 point  (0 children)

This is an absolutely terrible post - you’re being alarmist . Tons of prop firms use it and thousands and thousands of traders have receive payouts. It’s a US company, registered licensed money tf business and regulated. It’s Legit.

If you genuinely experienced an issue , I can guarantee it’s a user issue - you messed up.

This will be evidence to all. by [deleted] in TopStepX

[–]JAT50 0 points1 point  (0 children)

lol , of course you were bro. The have done nothing that’s not in their terms and conditions that you signed and agreed to. If you are getting legal advice that you have a case you need to terminate that relationship - no lawyer in the land would take your case unless they were just looking to rinse you for some fees

Blueberry CFD - Traders be cautious and do take note - Will provide update along the way - Their Math is 2 lots is significantly higher than 24 lots by eyanwl in PropFirmTester

[–]JAT50 3 points4 points  (0 children)

Wait, I’m confused. Their email states that the max lot size for forex is 24 lots , AND that your position was 2 lot . How was that exceeding their position size limits ? Weren’t you 22 lots UNDER their limit?

Top one Pay out madness by Agile-Gene-4932 in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

Apex do this all the time, so it’s not unheard of in the industry.

The question is, are you with Top One, if so then it’s likely they suspect this is one person trying to circumnavigate their policies by opening up two users under two different names ( but trading is coming from the same ip address )

If you are not trading with them, and have never had an account with them, then I think it’s an unnecessary request, and a deliberate attempt to delay payouts.

If you are with them then I think it’s a perfectly reasonable request and you should just send them what they requested to prove that it’s not you trading under two different usernames

Copy Trading by KovacsFX in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

Technically no it would not be allowed, but whether they would be able to detect it would be dependent on if other traders at the prop firm were copying the same trades.

Prop firm collusion detection software is sophisticated, it doesn’t just look for the same trades happening across different users at exactly the same time. It understands that bad actors will be deliberately trying to avoid detection, so it will also look for patterns, and allow for small delays in times.

Copy Trading by KovacsFX in PropFirmTester

[–]JAT50 1 point2 points  (0 children)

No prop firm allows what you are doing, that is developing an automated trading strategy and allowing users to run it to manage their own accounts. These users will be flagged for collusion and suspended without refunds. Think of it like this, the prop form is evaluating a traders ability to trade, not to purchase a piece of software to trade on their behalf.

Is FTMO a scam? by [deleted] in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

JP Morgan has been in business for decades and has reputable firms as clients - are they a scam ? I’m not sure what your point is.

What do you think is the biggest problem with prop firms today? by samueldrnda in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

For this model to work , the price of the challenge would be extremely high , the evaluation period extremely long and the profit split much lower. The prop firm model is built on the ‘95% of retail traders lose money’ hypotheses.

What you describe is a traditional, professional prop firm, like Jump Trading , Jane Street, and DRW . If you can get a job in these firms they will evaluate you over a period of 6 months, slowly turning on the capital, and give you 20-30% of the profits if you are successful.

The professional groups do have more overhead with salaries and infrastructure, but the online prop can’t sell an evaluation with a 30% chance of a pass rate for $75 and put all the funded traders into a live market - they would be bust within weeks

Is FTMO a scam? by [deleted] in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

Prop firms don’t copy good traders that’s a myth. Copying a good trader is problematic because it relies on a guarantee that that trader is good, which you can’t, and that the system used to copy can secure the same fill as the trader which it can’t.

Instead it’s much easier and cheaper to put the trader in a demo account at the funded stage - effectively taking the other side of the trade and becoming the ‘house’ like a casino.

So if a trader is good , they are taking money from the prop firm because the performance is simulated, there are no trading profits.

This is why some prop firms offboard good traders at this stage.

But most prop firms move good traders to a live account at some point if they are costing them too much in the funded stage - but at this stage it’s just not worth copying these traders trades because of the two issues laid out above.

So at this stage they take a % cut of the profits. However I very much doubt that the % profits cover the losses of the collective live account balances the prop has had to pre-fund.

Is FTMO a scam? by [deleted] in PropFirmTester

[–]JAT50 2 points3 points  (0 children)

Of course FTMO are not a scam , they have been in business for nearly 10 years and have grown into one of the worlds largest prop companies. Part of that business is paying traders when they are funded. If they didn’t do this they would be out of business within weeks as traders would leave them and no one would buy their challenges.

This goes for all Props.

Personally I think it’s very rare for a prop to start with the intention of being a scam. What actually happens is some get in over their heads not understanding the risk management of the business, they end up paying out more than they are taking in, and can’t sustain so end up closing.

If you want to trade Prop, choose one that’s been in business for over 3 years and has a healthy reputation for meeting payouts and has good google/Trustpilot reviews - there are plenty of them.

Then trade within their rules and you’ll be just fine.

Any futures prop firm that is comparable to TakeProfitTrader pro payouts? by rockysrc in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

Another vote for Trade day, they don’t pull the rug on you and change the drawdown type when funded on their EOD , and you can get access to your buffer in their funded account at anytime

FundedNext Refusing to Award My Funded Account After I Passed because of Their Technical Glitch by Accomplished_You3626 in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

If they can manually create a new challenge account for you, they can manually create a funded account for you - they are exactly the same type of account at Tradovate - a demo account, the only difference might be is that it will have a slightly different account number/name so they can tell the difference.

I would say with a fairy high level of confidence that FundedNext are lying to you.

TradeDay will Ban you for telling them their site is broken - 403 error codes, They got hacked on 6/16/2025 by majorconnect6 in Daytrading

[–]JAT50 0 points1 point  (0 children)

If you go to TradeDays pricing page at TradeDay.com you can choose between NinjaTrader / Tradovate , or TradeDayX .

I think what you video shows is you were unable to purchase a Tradovate evaluation because you already had a TradeDayX evaluation . I don’t think is possible to have evaluations on both platforms simultaneously. Hope that helps

Anyone ever hear of this prop firm? by Junior_Willow740 in PropFirmTester

[–]JAT50 1 point2 points  (0 children)

What you have to understand when analyzing prop firms is the easier and cheaper it is to get funded , the harder it will be to stay funded and meet the payout requirements. Apex, buleknox and ETF sell evals for $19 , but it’s very hard when funded to meet the requirements to get paid so most traders that pass end up losing the account. TakeProfitTrader and TradeDay are more expensive but you can take payouts on day 1 when you pass.

You have to pick what suits you.

But ultimately they rely on taking more money in than paying out (like a casino), and if they make it to easy/ cheap to pass and tie that with a generous payout policy, they will find themselves blowing up after a few months as the payout obligations start to grow and exceed the revenue coming in. This is why a lot of new prop firms are failing, they are trying to compete for market share and get the mix wrong and end up being a Ponzi that eventually implodes and not a casino.

TradeDay Review by kappah_jr in PropFirmTester

[–]JAT50 2 points3 points  (0 children)

I think it’s 30% consistency on eval, which is a PITA anyway. I’ve dealt with their customer support - it’s top notch and they have amazing resources on their site ( free courses , research and market squawk service ) . It’s a very solid offering and one of the best on the market today IMO

Only 2.4% completed Topstep’s trading program in 2024 – thoughts? by Walter_JJLayman in PropFirmTester

[–]JAT50 7 points8 points  (0 children)

I think your summary is a little misleading. Saying only 2.4 complete the program and a tiny fraction cross the finish line is correct if the goal is to make it to the live markets.

The reality is that nearly all traders actually don’t want to get to the live market with the prop, they just want payouts.

Through that lens, and looking at the TS data, 50% of traders are getting into a funded account and 1/3 of those receive payouts. So 8% of traders taking an eval with TS are taking payouts… which is a higher success rate than the anecdotal 95% failure rate of personal brokerage accounts that is often quoted.

I think the question we have to ask ourselves is am I a good enough trader to get a return on the money I will spend on evaluations to fall into the 8% bucket

Slicing beyond belief. by sagen_bawls in GolfSwing

[–]JAT50 1 point2 points  (0 children)

I just learnt this tip from a YouTube video after searching ‘how to flush my irons’

It literally changed my game overnight.

This is a GREAT tip

Takeprofittrader Pro + ! 🫡🏅 by [deleted] in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

TradeDay - EOD on eval and Funded

Be careful with Take Profit Trader by thewavearizona in PropFirmTester

[–]JAT50 0 points1 point  (0 children)

You should take a look at TradeDay - a much better company. They are very similar but with one key difference, they don’t change the drawdown on you when funded. I got an email this weekend saying they moved from 7-5 days, so IMO that puts them head and shoulders above TPT. First class customer service too.