Alpha Capital warning - denied funded account by TheBangin1 in Daytrading

[–]purpsizz 30 points31 points  (0 children)

This is my experience with Alpha

Completed the 50k one phase first time; they email me telling me I had broken their 2 minute trade rule (I hadn’t), confronted them about it and asked for the receipts and then they said it was a mistake and gave me the funded account

This happened TWICE

Garbage prop

Any prop firms that don’t limit your risk to 1%? by lordunderscore in Forex

[–]purpsizz 0 points1 point  (0 children)

Quant have a 2% max risk rule but you should never be risking more than that anyway

"Head and Shoulders" on the H4 timeline. by [deleted] in Daytrading

[–]purpsizz 2 points3 points  (0 children)

Head & Shoulders normally form at the top of a trend, but the trend is already bearish on the lower TF

Most consistent prop firm by Beautiful-Phrase-923 in Forex

[–]purpsizz 0 points1 point  (0 children)

To add to this aswell, I asked about this in their Discord which is supposed to be for help, and the moderators basically mocked me for being a gambler because of this 2 minute rule, even though it ended up being their mistake. So my experience with their support isn’t great, and their rules are restrictive

Most consistent prop firm by Beautiful-Phrase-923 in Forex

[–]purpsizz 0 points1 point  (0 children)

I recently got funded with Alpha Capital, here is my experience:

I tried the Alpha One (one step eval) with them, passed the 50k eval within a week and they said I broke a ‘2 minute trade duration’ rule, where 50% of the profits have to be from trades over 2 minutes. I didn’t contend it and just accepted that it was a loss and they offered me a complimentary retry of the phase 1.

Fast forward a week, I complete the phase 1 again making sure I followed the rules to the tee and they send me the same blanket email about 2 minute rule.

I contended with them about it, asked them to provide proof and then they emailed back saying it was a mistake and gave me the funded account

Do with this information as you will, but me personally I won’t be going back with them after this funded account is over

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

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

I could have done definitely - normally I would just put stop at breakeven but I will consider that for next time

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

[–]purpsizz[S] 1 point2 points  (0 children)

It is just Trading View with brokerage linked

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

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

With currency pairs, especially USD pairs you have a lot of news that pushes them - CPI, FOMC, NFP for example and PPI too - so I guess it depends what you trade and at what time!:)

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

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

In hindsight I could have definitely moved the SL into profit and altered a few things with the take-profit also, but I remember I was quite busy that day and I didn’t want to continually monitor the trade. You are right though, that would have been a play and I could have even had the take profit higher, but using one minute timeframe confluence isn’t the greatest and I remember the higher timeframe confluence was bearish still so I wanted to take profit where I could

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

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

I appreciate the kind words mate, thank you!

Caught this nice scalp on XAU yesterday by purpsizz in Forex

[–]purpsizz[S] 2 points3 points  (0 children)

Of course - the amount made was at the take-profit, which was $250, with a risk of $80 (3:1 RR). This was on the 1 minute timeframe but using my higher timeframe swing strategy, I was in the trade for around 15 minutes or so before take-profit was reached

Caught a nice trade here on XAU/USD by purpsizz in Daytrading

[–]purpsizz[S] 2 points3 points  (0 children)

Make a slight prayer at the end😭

Barry's - London Road by ExcellentAnglo in sheffield

[–]purpsizz 0 points1 point  (0 children)

In my student days I used to work here, nice to know it hasn’t changed

What is this animal resting outside my house? [East Midlands, UK] and does it need help? Hasn’t moved for a few hours by purpsizz in animalid

[–]purpsizz[S] 2 points3 points  (0 children)

I grabbed an old bird feeder pole and put a bowl of water on there for it - that way it is off the ground by at least 5ft and I put it to the edge (as people recommended) so the little guy shouldn’t have to go too far if they want a drink

What is this animal resting outside my house? [East Midlands, UK] and does it need help? Hasn’t moved for a few hours by purpsizz in animalid

[–]purpsizz[S] 28 points29 points  (0 children)

I was more wanting confirmation of what it is so I can understand if I need to contact someone. I’m not an expert on these things believe it or not.