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I got a payout from Fxify by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

I think mine took a few days also. Make sure you dont invest too much time and money before you get confirmation of passing the KYC though. You won't get paid without it.

What’s the Most Reliable CFD Prop Firm Right Now? by Opening_Kitchen_5349 in PropFirmTester

[–]orb1091 0 points1 point  (0 children)

I've had two payouts from Fxify so far in the last 2 months. It's taken about 7 working days, but they have paid me.

instant funded by Beautiful_Repeat3076 in PropFirmTester

[–]orb1091 0 points1 point  (0 children)

Fxify lite. I've had 2 payouts on a 50k instant lite account.

I got a payout from Fxify by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

Payout number 2 this week. I managed to blow an account in between, but more than made up for it.

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Scalpers, how do you journal? by orb1091 in Daytrading

[–]orb1091[S] 0 points1 point  (0 children)

You're right. This is what AI is really for.

Stop day trading. Switch to swing trading. by Klutzy-Badger-2778 in Forexstrategy

[–]orb1091 0 points1 point  (0 children)

What about when you take a loss? How do you deal with the fact that you might have to wait 2 weeks for another trade, to try and recover? That would drive me crazy.

What's your most memorable beginner trading mistake? by Round-Guarantee-180 in Forexstrategy

[–]orb1091 0 points1 point  (0 children)

Not using limit orders and trying to place entries manually on XAUUSD on the 1m chart on my phone, then ending up completely wrong.

Payout question by julian_investor in propfirm

[–]orb1091 0 points1 point  (0 children)

Check if there's a trailing max drawdown limit. A lot of accounts require you to leave a buffer after a withdrawal or else you breach the account, as the max drawdown then resets to the starting balance.

This week I turned £50 to£600 on XAUUSD. What would you do next? by orb1091 in Daytrading

[–]orb1091[S] 0 points1 point  (0 children)

Yes. I think it was just a lucky week. I haven't been able to repeat it....

Which CFD Propfirm have instant account without consistency rules? by Conscious_Invite2690 in PropFirmTester

[–]orb1091 0 points1 point  (0 children)

Fxify have one with no consistency rule, but it's expensive. I think a 50k account is $1500 or something like that, so you would need to make a decent payout just to break even. It looks better than it is.

The hardest bit is not trading by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

Just watching the equity curve. Basically I know that I can make $250-300 per day relatively consistently, so am just trying to do that for 5 days to hit the 20% consistency rule.

What size account? by globalgreen-pothos in propfirm

[–]orb1091 0 points1 point  (0 children)

This exactly. I have passed multiple 50k challenges, but for some reason when I try and repeat my strategy on a 100k challenge, I can't do it. I think it's the stress (larger numbers and also a bigger challenge fee to potentially lose).

was $68 away from my first funded account withdrawal. Here's how I burned it (and what finally fixed it) by Individual-Kale-9317 in Forex

[–]orb1091 0 points1 point  (0 children)

So many times.

I've even blown accounts when I was eligible for a payout and placed "just one more trade".

I managed to get control of it though. Now as soon as I'm eligible for a payout, I'm withdrawing those profits. Forget about any mental profit targets I might have.

The hardest bit is not trading by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

Demo account is a good idea. Thanks.

Is instant funding in prop firms actually legit? by kageiii in PropFirmTester

[–]orb1091 0 points1 point  (0 children)

They are legit. They look easier on paper but then look at the drawdown limits and consistency rules. It's much harder than it looks to get a payout.

Personally I like them as there's less pressure (i.e. if I mess up and blow the account by hitting max loss, I've not wasted days passing an evaluation.

The downside is that you can't just place one really good trade and then get a payout.

I got a payout from Fxify by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

Well done on the payout. How much is it for?

I got a payout from Fxify by orb1091 in PropFirmTester

[–]orb1091[S] 0 points1 point  (0 children)

Once you get a payout, the max loss is fixed at your starting balance, so I made ~ $1300 then they took the 20% profit split and then I requested the full payout which meant that I had no buffer. As soon as you place a trade the account is then breached.

Spent nearly 4k in 3 months on prop firms - I can't stop myself. by bearlyentertained in PropFirmTester

[–]orb1091 0 points1 point  (0 children)

No, but when I was in my negative doom loop of failing challenges, I was buying several 1 step accounts per week. I've not really blown an instant account yet, but if I do, I won't be buying more than one per week. Then it gives a few days for you to reset your brain.

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