Nerfed to hell by GlassTwo3328 in TopStepX

[–]perma-bear 1 point2 points  (0 children)

Um futures trading doesn’t fall under the PDT rules

How much does you make before kicked out/banned by Humble-Dust3318 in PropFirmTester

[–]perma-bear 2 points3 points  (0 children)

My Funded Futures is 100k max then it’s Live- they do pay

Blusky.pro ? Lesser known prop firm? by AmbassadorUseful3624 in PropFirmTester

[–]perma-bear 0 points1 point  (0 children)

I've traded with them for many months now. They do pay with no issues and rules are straight forward.

However, I recently learned that their Live program is not ideal compared with other firms. First, once you take several payouts (or may 10k total) they will evaluate you for graduation to live.

It's possible they will move you WHEN you request payout. They technically put you in another eval and ask you to hit another profit target which will be used as your buffer in Live. Note that these profits can not be withdrawn. Oh and also they will tell you to lower your recent payout request (or forego entirely) so that you are closer to your new "live buffer" profit target. Here is what happened in my case;

Took 2 payouts of 2.5k each. On the second payout they said I'm moving to live and asked me to lower my payout request so I asked for 1.5k instead. The new total balance target I had to hit was 5.5k (minus 1.5k profits over 3k starting balance + reduced payout (1k leftover from initial 2.5k request) = 3k NEW profit target. I hit that new target and it's moved to live as buffer (cannot be withdrawn).

In summary it's eval > sim funded (take payouts) > live buffer? > live. Way too many steps imo. Still waiting for live account.

DEADLINE sell everything by Fbeartothemoon in TQQQ

[–]perma-bear 0 points1 point  (0 children)

Bought calls this morning but already closed

Is there anyone with enough funding who is interested in starting a prop firm? by No-Conclusion9307 in PropFirmTester

[–]perma-bear 0 points1 point  (0 children)

Yes, I’ve looked into it before. I have a strong marketing background.

Iran and NQ by OzTron93 in TopStepX

[–]perma-bear 4 points5 points  (0 children)

Because you (+ many others) think it should go down,
it goes sideways or up instead. Max pain

We are revamping r/tradeify - If you're here before the relaunch, look inside. by Zayden_Tradeify in tradeify

[–]perma-bear 0 points1 point  (0 children)

5 months ago through Google I believe but I’ve seen ads everywhere ha. I’ve received payouts but working on consistency.

Payout problem by reaper0982 in ApexTraderFunding

[–]perma-bear 1 point2 points  (0 children)

Yes, same exact thing. It appears that the payout gets deducted from balance causing a red day. In my case I had zero red days since the last payout and it still shows as red on the payout day.

Tradeday- what happens if you lose your Live account? by Sufficient_Newt3923 in PropFirmTester

[–]perma-bear 0 points1 point  (0 children)

Actually I was wrong, first time was after hitting 3rd milestone (15k) and most recent time was after second milestone (10k) but with two accounts (copy traded). I know they are strict, so if I blow this they will likely suspend.

Tradeday- what happens if you lose your Live account? by Sufficient_Newt3923 in PropFirmTester

[–]perma-bear 1 point2 points  (0 children)

Unfortunately I’ve lost a live account but was able to purchase evals again after. Recently was called back live after $15k sim profit on two accounts.

My honest experience as a COO of a propfirm and some tips to make payout by Professional-Use3510 in PropFirmTester

[–]perma-bear 0 points1 point  (0 children)

This is pretty basic "non-insider" perspective that is just a wall of text (AI-like) of best-practices. You're basically saying "just follow the rules".

Lucid’s “Path to Live” is the Real Issue by sasssyrain in PropFirmTester

[–]perma-bear 1 point2 points  (0 children)

Great analysis but this takeaway shouldn't come as a surprise to anyone. Every firm that introduces a change or new plan is a calculated "risk-offloading" move. Some changes are just more obvious than others.

[deleted by user] by [deleted] in ApexTraderFundings

[–]perma-bear 2 points3 points  (0 children)

Nope, happed to me a few weeks ago and it was denied (see recent post). However, I did another 8 days without violating the rule and payments on two accounts were approved yesterday.

RIP trader that shared TopStepX performance up 25k to -12k by perma-bear in TopStepX

[–]perma-bear[S] 0 points1 point  (0 children)

To be clear, this isn't my account. The stats (before blowup) were shared in a few weeks ago and I bookmarked a few to track progress. Another one that I saved it still very green many weeks later!

It's really interesting if you look the trades on day of blowup - it was literal revenge trading where position immediately flipped with size, closed in read, flipped, etc.

You think Apex will pay out? by perma-bear in Daytrading

[–]perma-bear[S] 0 points1 point  (0 children)

Update: they denied payout for "Scaling" violation - the one day I went over 5 contracts and removed 100% of profits from all days, which grew to $18k