r/PropfirmsForum

Every trader has that one moment.

The one that completely changed the way they trade.

Maybe it was blowing an Evaluation.

Maybe it was revenge trading.

Maybe it was risking way too much on a single trade.

Or maybe it was realizing that discipline matters more than strategy.

I'll go first.

>Risk management isn't exciting. Neither is blowing an account. I'd rather be bored than start over.

Ab aapki baari. ☕

👇 What's the biggest trading lesson you've learned the hard way?

It doesn't have to be related to Tradeify.

Your experience might save another trader from making the same mistake.

UpsideOnly: Genius or to good to be true?

Every so often a platform shows up promising to flip the usual rules of retail trading on their head. UpsideOnly, launched in May 2026 by Perpetuals Ltd, is one of them; you make predictions, the company trades its own money on your calls, and you split the profit without putting your own capital on the line. It's a genuinely unusual pitch, that's a complete 180 on how normal prop firms operate.

The biggest caveat for UpsideOnly is that its entire promise rests on a balance sheet that doesn't look strong. The model only works if Perpetuals can actually absorb the losing trades it takes on your behalf. It will only take the trades if it's ai evaluates you to be profitable, but even the best can have a loosing streak.

Layered on top of that is how new the whole thing is. It launched in May 2026, so there's no long track record of payouts clearing at scale, and regulators haven't fully decided whether to treat it as securities, derivatives, or gambling, any of which could reshape how it operates.

That said, even the smaller upside is real: the barrier to entry is close to zero. No deposit is required to start making predictions, the optional deposit that boosts payouts is refundable, and you get coverage across equities, crypto, commodities, and forex. Trying it costs you essentially nothing but time, which is a fair trade for finding out whether your read on markets actually holds up.

Additionally you don't risk your own capital on the trades themselves. You make a call, the company trades its own money on it, and if it loses, that loss sits with them, not you. Stripped of the caveats, that's a genuinely novel structure, and it's why the platform is worth paying attention to rather than dismissing.

In the end, UpsideOnly sits in that interesting middle ground between promising and unproven. The concept is sharp and the entry cost is low enough that curiosity is cheap, but the counterparty risk is real, and the firm behind it still has to show it can pay at scale.

Whether you're brand new to kalshi or trade on there all the time you are eligible for this referral

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I just watched a video on Ross Cameron's website where he claims to have made $400,000 in January.

For those of you actively day trading, are any of you seeing profits anywhere close to that?

Do you think earnings like this are legitimate, and if so, what's the real "secret sauce" behind achieving that level of consistency?

Just a fact of the matter. Not everybody is made for this.

I gave it an honest run. Learned a strategy, journaled my trades learned what move markets and the truth about what makes prices tick.

But for whatever reason, I just didn't have the discipline or the correct information i guess.

So, after 18 months and 10s of thousands in evals without even 1 payout, I had to call it quits and start digging myself out of debt. Maybe I'll come back one day, but a word to the wise: don't hurt yourself financially for this shit. It isn't worth it, even if you make money eventually.

Sure, there are some anomalies out there who will crush it after a few months, but for most people, you're just somebody else's liquidity.

But hey, my pnl vastly improved once I stopped blowing evals and I can finally make it through life without needing to use a credit card to survive.

If you know, you know..... be honest with yourself about what you're doing and don't let anyone tell you you're just not working hard enough...... there's no shame in walking away when you know you should.

I had a $50k EOD draw down evaluation account. I traded it for a few days and it never even got close to the draw down level. I have proof from the tradeify dashboard. It was active and in good standing after I finished trading for the day on june 24th. The next day i logged in to trade and it showed the account was FAILED. I talked to them several times and they said since i'm using the tradesea platform which tradeify provides, they won't help me. they said it doesn't matter if the draw down wasn't violated or not. they said their not responsible for anything that happens to your account if you use the tradesea platform. This is why people dont trust prop firms. anyway, i've warned you guys.

https://preview.redd.it/yqe2pz313n9h1.jpg?width=1162&format=pjpg&auto=webp&s=cb14d9f0f83b56d06032a159e6ceeb0eabbcd956

E8 has been okay for me but I'm looking for a backup firm. Bullwaves caught my eye recently. Before I drop money on a challenge, I want to know how they compare to E8.

Are the spreads tighter? Is the dashboard as clean? Just want to make sure I'm dealing with the prop firm side of Bullwaves and that they're actually reliable.

I know Topstep is huge for futures, but I'm seeing Bullwaves mentioned more often now. I'm trying to figure out if it's worth switching or at least adding them to my rotation.

Has anyone traded futures on both? How do the rules and payout structures compare? I want to make sure Bullwaves (the prop firm) is actually competitive before I commit.