Josh Dentrinos - Founder of Trader Fights

It’s pointless because of margin and credit. If a trader has a 100k account you only need a fraction of it to execute, if you have many traders that fraction is less because each trader doesn’t always have an open trade. Of course if there is a black swan there are potential problems

@PropJoshD on the prop side how much capital will they link too when trades are switch to A? the full max drawdown example $100K 8% drawdown $8000, would it be possible / good for traders when they are under Abook be told how much real capital they are link up too?

One of the things I have been thinking about with this a/b book movement model that’s going around is whether or not the 1% risk before switch is just controlled coin flips. If I have everyone 1 percent risk to slam an account some of them will profit some will lose. With losses capped the hope is the winners make way more than 1%. One of the reasons abook doesn’t work for regular prop accounts is that the risk traders take is too much. They are always at a tilt level where its make or break and that kills accounts at some point. The 1% hard stop control might be beneficial to traders without them realizing it. What I am not happy with is the stop when you come out of b into a again. I would want my trader to materialize how it materializes. A few interesting options here for models to test when I get home Wednesday.

@ReallyyBanks My modeling suggests it is. But it also seems it can be done better

@PropJoshD Let’s find out if it long term profitable for props

I reposted because folks have asked for updates. The update is people are getting paid, it’s taking time but it is happening. The loud mouths in the comments will be loud mouths even if everyone were given gold bars as free gifts because they are not there for anything other than to disrupt. I will continue to refrain from comment after this because actions always speak louder than words and there’s no point for mff to post anything until things are complete when the comments are filled with ignorance, attention seeking and hatred. Even after people are being paid, the racism continues from anonymous clowns. Have a good Sunday folks.

Honestly did not expect this at all when the firm got shut down, but I received my payout split overnight from one of accounts! Thank you @MyForexFunds for making right, even though the shut down was not your fault! I had 6 x 100k accounts at the time (another of which I requested profit split on the day of shutdown) so will be interested to know what will now happen with the rest, but great start from MFF to getting back on track - I will definitely come back to you guys when you reopen!

@olsenbdnr are you going to fix the scam charges for bot impressions too? Or nah?

For those who are trying to scam X Ads, use fraudulent credit cards etc. Better make sure your opsec is flawless because we are coming for you. I already got a few IPs, and we are drafting up subpoenas to your ISPs/email providers and more!

@SBRCapital @FundedHive Did you stack the risk on your account in order to achieve that payout? I am trying to think of how to best coax users into making as much profit as possible with as little overall risk as possible inside such model and I am keen to learn what and how people are treating things

@PropJoshD @FundedHive is doing this, and I absolutely love their system. Especially because all of this is under the Web3 system. I can atleast sleep peacefully knowing whatever profit I make is in my control already, the team can't interfere in the payouts citing any kind of BS.

I need everyones help on something. So I have been reviewing a few props who are using the A/B switch logic. That is - a book to start, if lose 1% (lets use 1% for this experiment) go to B, when break even back to A, you have to make back the A-book loss and then everything above is part of the profit split. There are some variables im modelling for fun to check it out but - if this model exists and if payouts are on demand condition free (subject to cheating checks of course) is this appetizing? What I am trying to figure out is where the market is, is that initial 1% dd a deal breaker? Is the having to make up your a-book loss a deal breaker? I will have a few more posts in the coming week about this as I look deeper but am road tripping at the moment.

@roojifx It doesn’t involve me so I can’t tell you. Given people are being paid all I can say is be patient

@PropJoshD hey josh any update on phase 2 alot of people been paid which is amazing but gone dead silent now.

@MTradingX I feel ya. The constant threats aren’t fun even if they are brought forward by spineless jellyfish

Maybe so, I worked on some really fun stuff already, don't get me wrong. One I will post on Monday most likely, but the dark side of the industry, just swallowed me mentally. Who knows maybe if the year ends, I will land on something incredibly fun, but for now, let the grind continue. :)

This year marks my final chapter in the prop industry. Once 2026 comes to an end, I’ll be stepping away and retiring from the game for the most part. I’ve had a lot of fun during my time in this space. I’ve made some great friends (and hopefully not too many enemies). Over the years I’ve seen it all, traders and prop owners making millions, alongside multi-million dollar scams, shady hedging/account management groups, and much more. I’ve watched prop firms open bucket shops to prop up failing parent businesses, and I’ve even heard stories of death threats being delivered to people’s doorsteps. Don’t get me wrong, every industry has its dark side, if you think not, you haven't reached a particular industry high enough, but this one definitely took a toll on me. What I’m most proud of is helping over 50 people secure the payouts and refunds they rightfully deserved from companies that tried to screw them over. Time to grind for the rest of the year and let's have some fun!

@corne__ For my rainy day funds I have some all market etfs and I am s&p heavy.

@PropJoshD what kind of assets do you invest in Josh if you don't mind me asking?

It’s Saturday, if you are pulling out gains from props be sure to invest if you can. Stuff it away for 10 or so years and secure your life. Have fun with the rest.

@Anon_TraderG @revonetrading I mean. By now we know

Genuinely no idea what is going with @revonetrading Can't stick to one decision and keeps changing their minds every week, is this run by a group of teenagers? If you couldn't handle 15K giveaway account holders, why did you even give it away in the first place?

@Sai_Prasan their risk is that most traders on funded lose.

As a trader my risk is 499 for a 100k challenge it's almost the same if i take it from anywhere else which pay and are legit I have to make 3 win days to pass each phase which is not much a deal breaker. There are far more easier challenges at this price 2nd as a trader drawdown phases are eminent whenever i hit a 1% down prop forces me to make 2% back to earn back money so technically there is absolutely 0 risk which prop is taking here making it harder for the trader and what happens to the 499 i paid and the no of attempts it took to pass? Plus you fail th account once you go to drawdown 3-4 times even though you didn't breach 3rd these companies have a cap of 1k or so imagine you hit a nice swing or a great trade the same i could request a payout post 7 days or 14 days can be more than the amount i earn on a capped 1k split account requesting it daily

I am looking for a middle ground, thats what my suggestion was for. Put your mind into the position of a prop now and think about the fact that 75% (at a minimum) of funded traders lose the account without a payout. Its all just brain teasing for now. Personally, I am not really fussed about these accounts because if I pass, I am fairly sure the next thing to happen will be a payout. What happens after that is more random. I also don't like the on demand payout because it doesn't actually lean into profitability because if there is more money in the account, a trader with skill can scale it right? If you take it out, then you just enter the hamster wheel again.

Why would I need to pass phase 1 again? All because of the randomness of losing my first A-Book trade? No chance ... just more wasted winning trades. Have a look at the attached info sheet on their website ... this is what I have a problem with ... the false advertising. You will see that the 2-Step Classic QueenBee challenge "supposedly" has an Overall Max Loss (Static) of 10% in the Funded stage. That 10% Drawdown in Funded couldn't be further from the truth. If your first series of trades are Lose Win ... Lose Win ... Lose Win you have a 3-3 Win-Loss record, but not only are you going nowhere, your account is in fact breached ... the $699 challenge fee down the drain ... because if you go into and out of A-Book 3 times in a row without recovering the A-Book loss, that's it, your account is breached. So, in summary ... 3-3 Win-Loss record = account breached = $699 gone. AT FTMO, FundingPips, virtually anywhere else, you've only lost a bit of commissions/slippage. In what world does that resemble a 10% Overall Max Loss Limit in Funded, which they claim on their website? That is the textbook definition of false advertising. And to claim that this A-Book / B-Book thing is more advantageous to traders? Please. When a trader reaches the funded stage, they don't give two shits whether or not their trades are being executed in the live market or in sim ... but they would care, if they knew that they could possibly go 3-3 in the Funded stage, and have their account breached while doing so.

@The_StarTrader Interesting idea actually.

@PropJoshD one thing i really think is worst is Like i lost 1% then i make 1% back and then again made the 1% A book loss , now i am BE , but the firm instantly deducts the 1% A book recovery i made , which i think should be deducted at time of payout and not instantly

yeh so, the way you trade its impossible to hedge it, mostly because of the take the payout after the immediate drawdown. I think this is where mechanics and reality step in unfortunately. I find this model fascinating (the a/b switch) because it does lean into the realities of trading outside of simulated markets. I think there are ways to adjust the model to a scenario like yours, but it would be like 1% soft breach 2 or 3% hard to b. Then if your account returns above, you have a "profit target" before payout. So like instead of saying first 1% is our money back, you say you can withdraw at say 3%. Spitballing but I think there is a way to bend the model a bit to be a little more free. But - when real money is on the line things will be less generous.

@PropJoshD Also while i make 1% and turn on A book on the dashboard Band The 1% A book Threesold is now again active so now again i can only 1% and i also need to recover that A book loss While still having the 1% guard behind me which if i agin hit i will be down 2% in a book loss + 1% dd

@The_StarTrader Whats a normal scenario for you here. you go down 1% then what happens?

@PropJoshD 1% is the issue , i have been funded with FundedHive , but how i usually start trading a funded? I.e. by risking 1% on the first trade . But as soon as it hits the 1% threesold bang ‼️ i am in B book . Now the main hard thing is not 1% dd its 1% to make it BE And rhen again 1%

Heres a Q. Lets say instead of having to pay back the a-book loss you have to "pass" a 1 phaser again? Would your reaction be the same? On a desk I spent a brief time on, if you hit a limit like this you would then have your risk cut to shreds until you had re-proven yourself. I am looking for a mechanism like that.

No hypotheticals here, as I have had (and still have) funded accounts there, and have received payouts. I never experienced the "Schleprock 8-4 run while going nowhere" scenario that I described in my first post, but I certainly was negatively affected, and I quickly realized the extreme disadvantage that the A-Book / B-Book transition puts you at ... so much so, that I have taken a "never again" attitude, once I play out the final accounts that I have with them . One other thing I failed to mention ... while your B-Book wins are basically "wasted", your B-Book losses count towards your max drawdown and can breach your account ... basically a "heads I win, tails you lose" situation for Hive.

@smartbus9942 yes this is good. But the on demand payouts stop anyone from doing like massive numbers which would be positive for the company. I think this is the core problem.

@PropJoshD "Maximum Cycles You are given a maximum of 4 consecutive un-recovered loss cycles before account breach." Some actually have a "limitation".