@raphaelfutures@Tradeify@BrettSimba Good return then. Congrats. US looks to be about the same, roughly 40% b/c of self employment tax on top of income tax.
102k from @Tradeify@BrettSimba
Yeah its good money, but unlike all the other Gurus im also dropping how much i spend
in 1 Year trading Tradeify
Spending: 40.000$
Payouts after split: 90.000$
Yeah decent ROI
but i am not a good Trader yet, more to come..
Why is it that every prop eval firm seems like they fully offer API access to get setup
Then you sign up and they magicly don't offer API access
Then you try to get it resolved after you've already spent $XXX and they either say sorry, or at best give you a refund
Yesterday’s post got a lot of heat.
Good.
So here’s the full Lucid vs MFFU 50K Flex Plan breakdown.
Not just price.
1️⃣ Rules
2️⃣ Payouts
3️⃣ Scaling
4️⃣ What happens after you pass
If you’re going to pick a side,
see the full picture first.
Lucid Trading is now on Prop Firm Match. We compared its 50K evaluation against other popular firms so traders can review the key differences faster.
Green and red highlights show whether each metric is more or less favorable relative to the firms shown. Prices reflect the current best discount available with code MATCH.
Thank you for the 6,000 followers!
Much appreciated.
In celebration, I'm going to do a giveaway.
Here is how to enter:
Comment down below and let me know if you want a 50k LucidFlex account or a 50k TPT Account (with a free activation fee).
Must be following me.
Tonight at 4:00 pm, the giveaway will be closed
I will select 10 random winners, and whichever account you said you want is the one you will get.
Daily loss limits are marketed as a safety net.
Here's what the data from 20,000 traders actually shows:
Traders who get locked out by a daily loss limit have significantly higher odds of blowing their account the very next day.
The psychology of a forced stop is destructive. You come back the next session carrying that weight. And you trade worse because of it.
The "safety net" doesn't protect you. It sets you up.
@TheQueenofKa Agree. Copy of Lucid, MFF, Tradeify and TS, but with DLL and consistency in funded and $100 more per bm day
trying to find a reason, but can’t. Only thing people cite is 20 accounts. Which I would rather get 5 from the 4 props above. 100% of first 25k only reason I can see
Yea....The new changes at Apex are pretty meh.
Am I really the only one that see this?
It is like they just played a little bit of catchup to the other props that have been leaving them in the dust but they did nothing special.
I have never in my life seen so many of the same exact statement about a prop before. Almost every single affiliate said the same recycled statement leading up to the release.
It looks manufactured and disingenuous at best.
After looking over the accounts I can not find while one account they offered is better than any other firm.
One of those times I appreciate not being an affiliate so I can give an honest opinion.
Good luck out there ka
So how good are the Apex @ApexTradeFund now? Better but still not good.
Are you ready for our prop scoring site? COMING VERY SOON! What a way to kick off what our purpose is but to show if a firm is putting out better or worse products than the new Apex release. This is why our free tool for the public will exist! We launch in a month to the public, Beta kicks off in weeks!
Our scale is based on the mathematics of the ROI per spend against the expected failure rate amongst other non-subjective ranking features such as difficulty and payout structure, time in market, and more. We read every detail in the FAQ, every price detail and more, and have a non-subjective scoring model. No prop firm will be favorited, nobody gets an advantage, no "pay for ranking," no subjectivity. Finally the raw truth and nothing more and NOBODY will escape our model, we will rank EVERYONE.
Each prop account raw score is compared to each other prop account in the entire set and then normalized onto an exponential scoring model between 5 and 10; exponential as to to really separate the best in the higher tier score. The scoring model is flat closer to 5. See my sketch
Any firm above 9 is best in class.
Any firm above 8 is great,
Any firm above 7 is ok
6 is sub-par
and 5 is the dirt pile
Note: scores will change based on active sales with prop partners.
Now on to Apex.
Apex's Intraday trailing accounts got a boost from what used to be one of the worst ranking trailing accounts in the mid 5's, to now the low 7's. This is a very decent improvement, however - TPT by comparison ranks in the 9's.
Apex's EOD accounts come in ranking very low as well coming in around the mid 5's too. By comparison MFFU is shown, again the 9's.
Detrimental scoring parameters come from the DLL/Consistency in both eval/PA side of things, as well as the activation fee model which does lower the ROI significantly.
Note: as "discount" tracking (affiliate, etc) get built into our site, scores will change slightly as the price will vary based on current promotions, but just for this raw comparison purpose - promotions are left out and scores based on site listed costs to set a baseline.
@options_monkey@BrettSimba In all honesty I think it's subjective.. like we seen with Topstep the people moving to live take more max payouts also why I think having multiple copy traded going for base hit days is the way to go lower risk to make more over all the accounts.