Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
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prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedDidn't TPT also have some weird % withholding rule on payouts to pay taxes in their jurisdiction.Ignored
DislikedTakisd, Is the CFD market for indices significantly smaller than US futures? Filling 30 lots of Dow mini futures (= 150 lots @ MFF) & 150 S&P mini (= 7500 lots @ mff) is common in futures time of sales data during US session. Have you tried to push your lot size past 100 in split orders @ MFF?Ignored
Disliked{quote} I am either taking 10 lot clicks or 100 lot clicks at MFF depending on the strategy I apply. On 100 lots I am getting slippage that is small. I suspect its execution time as you have to go from MFF -> CFD provider - > Potential another cfd provider or to futures. The execution time is probably 1second or slightly more. Explains the small slippage. (I do not get 1 second execution time to be clear. My execution time is 300ms which is mt4 standard). On 10 lot clicks, I get little/no slipping at all all the way up to 150-200 lots. (Remember...Ignored
Disliked{quote} I just recently reached 400K funding with MFF, 360K with <1% risk puts me @ 100 lots on my tightest sl (varies 30-150 points). I can tolerate up to 3 pips average slippage in + out if I have to go deeper in market depth for total fill, so I was considering pushing the envelope on my volume to test their limitations. My order execution EA can auto split total ticket size by specified amounts and send them all to market. If I understand you correctly, are you saying that when you split your 150-200 lot total ticket by 10 lots clicks slippage...Ignored
DislikedTo the folks who don't understand slippage. At 2pm EST there is FOMC minutes, best not be in a trade during and around that time.Ignored
DislikedHi, wanted to ask you guys about news. I know that you shouldn't trade high impact news because the slippage and spread increases a lot. But I wonder how low impact news (based on forex factory) woould impact that, is it relatively the same then as if there was no news? I'm looking to trade USOIL and EUR/USD which is a pair that obviously has a news announcment pretty much everyday. Sorry if this comes as dumb, I used to trade crypto where there was almost no news lol.Ignored
Disliked{quote} Yes. I don't experience slippage that by your writing would affect you. Although 30 points (I assume thats 3$ of price change) is a very tight stop for big size. But yes, if you cut the size per click you get better fills generally.Ignored
Disliked{quote} I just recently reached 400K funding with MFF, 360K with <1% risk puts me @ 100 lots on my tightest sl (varies 30-150 points). I can tolerate up to 3 points average slippage in + out if I have to go deeper in market depth for total fill, so I was considering pushing the envelope on my volume to test their limitations. My order execution EA can auto split total ticket size by specified amounts and send them all to market. If I understand you correctly, are you saying that when you split your 150-200 lot total ticket by 10 lot clicks the slippage...Ignored
Disliked{quote} I track the 5 min release bar impact of every US session news release... Avoid = US unemployment, US CPI, FOMC/ECB rate/announcement and last 2 reports US UoM Consumer Sentiment Hit or miss = US Core PCE, US Flash manufacturing/services, US ism manufacturing/services, US jolts job Ignore = everything else Note.... this is during us session, if you're trading other currency pairs during UK hours there are way more reports to worry about.Ignored
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DislikedDid Anyone try Apex ? is a good one ? I am just very confused about the rules Apex Trader Funding Introductory link:https://go.tradacc.com/getfunded-apex Best Current Deal: 50% discount on all account sizes for recurring monthly subscription.Discount Code: KORBS50Ignored