David Anthony Waddington
David Anthony Waddington
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Just a Greenhorn trader, using Expert Advisors on prop accounts and live accounts, and now trying to learn some MQL5.

I don't offer any personal support. Please don't DM me. Sorry, but after some bad experiences with rude clowns messaging me, I have had to block messages from people not on my friends list.

Any information I want to share will be on my profile here, in my feed, in my reviews, and in any chats I am in.

This is the only prop firm that I currently have faith in: TCT https://bit.ly/3Wl9jwz
I have two live accounts with them. They do pay out, promptly - within 24 hours on business days. The money was in my bank account within an hour of sending my first invoice.
Fast scaling - 50% each time the target is reached. New account details are sent the same day. (I hit the target at 1:30 AM on 17 July and at about 8 AM Queensland time I had new account details in my inbox.)

This is what I use to copy trades from my master demo to prop accounts as well as others. Traders Connect: https://bit.ly/3UsfFtg

This is the VPS I currently use. Forex VPS:https://bit.ly/3WQYpjG
Not the cheapest but I have been led to believe it's the best quality. I have used others and had various issues.

Here is where I get my best Expert Advisors: https://www.mql5.com/en/users/strueli/seller
This is the guy who made them: https://www.mql5.com/en/users/strueli
Wim is a great guy. Superb EAs, great support.
You can often find me in his support chat, answering the occasional question about his EAs, if I can: https://www.mql5.com/en/messages/01bad3d32c08da01
Please note that this chat is only for discussing Wim's EAs.

Here are a few Expert Advisors I use to protect my equity in case trades go against me. (My main EAs have inbuilt protection, but it doesn't hurt to be extra safe.)
Equity Shield: https://www.mql5.com/en/market/product/86330
AW Equity Protection: https://www.mql5.com/en/market/product/79259
Those are the MT5 version. They both have MT4 versions as well.

There are affiliate links above. These are only for services that I have used with positive results. I joined affiliate programs for prop firms that did not end up paying out, so I don't share their links.
David Anthony Waddington
David Anthony Waddington
Rough week. Both TCT accounts in drawdown, but not much. All part of the journey.

TCT are running a flash sale. Last day for 20% off.

TCT: https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
I started with my new VPS about a month ago. So far it has gone well.

I went there because I was told it has a reputation for reliability, although not the cheapest. I have had problems with charts crashing and trades closing in loss. I'm hoping the new VPS smooths that out.

As my prop firm payments grow I will move to a dedicated server.

I love that they give you a way to set up your terminals to start automatically on startup. I used to put shortcuts to the terminals in the startup folder but you need to log in to get them going. With Forex VPS the terminals start even if the server restarts and there is no login. Much more secure

Forex VPS: https://bit.ly/3WQYpjG
David Anthony Waddington
David Anthony Waddington
The other prop firm that was approaching payout eligibility took some losses, so nothing to withdraw. Puzzling, as none of the other accounts I run the same EAs on experienced the same losses. I suspect foul play. Why go through the trouble of denying a payout for bogus reasons, when you can fiddle the trades so there is nothing to pay out?

If things turn around and I do get paid,I will let you know.

TCT remains the only prop firm I have faith in. Today I even received a payout from affiliate commissions.

TCT: https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
4 August, 2024 Some people ask me about what kind of TCT accounts I have and how they have performed.

TCT: https://bit.ly/3Wl9jwz

Both of the accounts are Traditional Prop accounts but they have been superseded by other offerings and are no longer available. They each have a target of 5% and pay 50% of the target. Once the maximum capital is reached they pay 90%. Max drawdown is 5%. No daily DD.


I bought a Traditional Prop Junior Associate on 26 February. The starting account size was $750. From my experience, I don't recommend starting with an account this small. I did hit the target twice within the first week but I think I got lucky.


TCT Traditional Prop Junior Associate
Started: 26/2/24, Target:5%, Payout: 50%, Max DD: 5%

Stage: Challenge, Deposit: $750.00, Target: $787.50, Profit (5%): $37.50, Payout (50%):None, Date Achieved: 1/03/2024
Stage: 1, Deposit: $1,125.00, Target: $1,181.25, Profit (5%): $56.25, Payout (50%):$28.13, Date Achieved: 5/03/2024
Stage: 2, Deposit: $1,687.50, Target: $1,771.88, Profit (5%): $84.38, Payout (50%):$42.19, Date Achieved: 16/05/2024
Stage: 3, Deposit: $2,531.25, Target: $2,657.81, Profit (5%): $126.56, Payout (50%):$63.28, Date Achieved: 20/05/2024
Stage: 4, Deposit: $3,796.88, Target: $3,986.72, Profit (5%): $189.84, Payout (50%):$94.92, Date Achieved: 17/07/2024
Stage: 5, Deposit: $5,695.31, Target: $5,980.08, Profit (5%): $284.77, Payout (50%):$142.38, Date Achieved: Not yet reached. Currently up 2%


I bought a Traditional Prop Manager on 17 April. The starting account size was $5000. While the larger size accommodates more trades for the EAs I use, surprisingly, this account has reached target less often. I think the larger trade volume left it vulnerable during a drawdown period and it had to do some recovering.

TCT Traditional Prop Manager
Started: 17/4/24, Target:5%, Payout: 50%, Max DD: 5%

Stage: Challenge, Deposit: $5,000.00, Target: $5,250.00, Profit (5%): $250.00, Payout (50%):None, Date Achieved: 23/04/2024
Stage: 1, Deposit: $7,500.00, Target: $7,875.00, Profit (5%): $375.00, Payout (50%):$187.50, Date Achieved: 1/08/2024
Stage: 2, Deposit: $11,250.00, Target: $11,812.50, Profit (5%): $562.50, Payout (50%):$281.25, Date Achieved: Not yet reached. Currently down .36%


I hope that helps.

Another of my prop accounts is eligible for first payout on the 7th. If it goes through I will share the links. However, I wouldn't recommend it over TCT. The scaling plan is nowhere near as good. On the other hand, others may prefer the higher drawdown (4% daily, 8% max).

My next prop account acquisition will likely be a TCT Extreme Goat, but that won't be for a while.

TCT Extreme Prop Accounts: https://bit.ly/4df6c0I

I trade these accounts using Pro Forex Algos from Wim.

EDIT: 5 August,2024. It is part way through the trading day and both accounts have improved:
Traditional Prop Junior Associate: now up by 3% (was 2%)
Traditional Prop Manager: now up by 0.5% (was down by 0.36%)

So both have improved by about 1%.
David Anthony Waddington
David Anthony Waddington
Alas, I didn't wake to see I had hit the target. However, all accounts are going well.

My favourite prop firm is running a 30% discount until the end of the month.

https://bit.ly/3Wl9jwz

EDIT: The account reached the target 4 days later.
David Anthony Waddington
David Anthony Waddington
Last week was a good week. I have been too busy to update until now. I woke on the 17th to see I had hit target on one of my live TCT prop accounts, and my new, scaled-up account details were in my email inbox. I set up the new account in MT5, went to work, came home, sent the invoice, and the money was in my bank account the next morning.

TCT: https://bit.ly/3Wl9jwz

On the 18th I also hit the target for stage 2 of the challenge of another prop account. It took some days to get my live account details but that's running now and already looking healthy. I won't share who they are until I know they will pay out.

My other TCT account is about 0.5% away from the target. Hopefully, I will have a nice surprise tomorrow morning.

Unfortunately, I was one of those burned by Dei Funded. Lesson learned. Do more research and don't jump at big discounted offers.
David Anthony Waddington
David Anthony Waddington
On Monday I hit the target again on the same TCT prop account. That evening I sent up my new live account details (scaled up 50% again) and emailed my invoice for payout. The money was in my account the next day.

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
This week I hit the target on one of my TCT prop accounts. The target was reached before I went to bed, and next morning the new live account details (scaled up 50%) were in my email inbox. I emailed the invoice that evening and received the money in my account the next day.

These guys are the real deal. No BS reasons to deny you a payout, and no delays. Hit the target, send an invoice, and get paid. Payments are processed every day. (Maybe not weekends. I don't know.)

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
I just got 15% off my TCT Traditional Prop Programme Manager Intern account ($5k) using code EARTH24.

Use promo code EARTH24 to unlock a 15% discount on purchases of $247 or more. All other purchases can still benefit from a 10% discount by applying the promo code EARTH10.

Your savings are also a contribution to a greater cause. With each transaction, you're supporting Take3fortheSea, an organisation dedicated to safeguarding our oceans, with 1% of your purchase going directly to their efforts.

Offer expires April 30th at Midnight AEST.

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
To those who ask, of course I use Wim's prop settings files on prop accounts. You just need to adjust for the particular max and daily DD, set randomisation, change the comment and magic number.

That's no guarantee you won't get shafted for copying by prop firms. There are plenty of shifty ones that will still claim you are copying.

Don't message me about this. I don't offer EA hand-holding service. Ask in the group chat. Here is the only prop firm I can recommend with confidence: https://bit.ly/3UsfFtg
David Anthony Waddington
David Anthony Waddington
Good gains today from gold. Big jump on prop accounts. I checked my 5k TCT account and it looked close to the target, but trades were disabled, which was worrying. I raised a ticket and was told I had hit target and that is why trading was disabled. A nice surprise.

I feel like there's no point bothering with other prop firms, at least for now. However, I still have other accounts making gains so I will see them through and see if they pay out.

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
My review of The Gold Reaper. (Apparently, it is not displaying for others.)
David Anthony Waddington
David Anthony Waddington
I am no expert, but I was just asked how long it takes me to pass prop challenges with a particular EA so I thought I would share it here. I have found it varies depending on a number of things, which seem to be the strategy of the EA, size of the account, the particular settings on the EA, and the market conditions.

I have a small TCT account ($750) which hit the target twice in the first week and scaled up to about $1687.50, However, since 1 April there has been no change. Another 5k TCT account I set up last week was up over 1% within a few days. Sometimes you are lucky to catch the moves, other times you have to wait. EDIT 24 April 2024: After about a week, that EA hit target of 5%.
David Anthony Waddington
David Anthony Waddington
Well, I'm approaching my first payout from a prop firm, and now they are saying I look like I am copying. A friend went through the same thing with them, addressing all the trades in question, but without any positive results.

So far, TCT is the only firm I have confidence in.

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
A big day for Gold last week. My new 5k TCT prop account jumped up 1%. Unfortunately, it was due to sad events.

The existing smaller account did nothing. I'm glad I got this new one.

https://bit.ly/3Wl9jwz
David Anthony Waddington
David Anthony Waddington
I got my trade copier set up. Very smooth. I chose to get the dedicated environment for extra protection, so I'm not sharing an IP address with others.

FYI, attend to the symbol mapping. That was holding up a lot of my trades being copied. Great support from Traders Connect. Thanks, Ellis.

https://bit.ly/3UsfFtg
David Anthony Waddington
David Anthony Waddington
I'm finding my account with The Concept Trading running The Gold Reaper is not picking up trades when larger accounts do, probably due to the smaller size. I had great gains on a 100k and 6k prop account last Friday, but nothing on TCT (currently about 1.7K) and a live account (about 1.4k). I'm going to get a bigger challenge with TCT, at least 5k. That will also allow me to add Gold Trade Pro and Daytrade Pro Algo.

https://bit.ly/4aMBaMr
David Anthony Waddington
David Anthony Waddington
I've been concerned by all the stories of people getting accused of copy trading who use the same EAs as me. I have been advised to use a copier that differentiates the trades from others using the same EAs.

In addition, I have had four 100k prop accounts plagued by crashing charts that close out the trades at a loss. All the VPS provider could say was that demand spiked and they couldn't handle it. I have left two of them running. One has finally recovered from losses and passed stage 1. I will set up a copier from a master demo to the prop accounts. That should fix things.

I am going to set up Traders Connect to copy my trades. I have heard great things about this service, Hopefully, it will solve my problems.

https://bit.ly/3UsfFtg
David Anthony Waddington
David Anthony Waddington
I have just been paid by The Concept Trading: https://bit.ly/3Wl9jwz

Other prop accounts are getting closer to passing evaluations. I will post them if they pay up.
David Anthony Waddington
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