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  • #841
  • Jan 10, 2021 6:09pm Jan 10, 2021 6:09pm
Quoting KareemAliFx
{quote} Oh no I read your comment and understand every question especially you asking me for proof which made me smile because you really think I’m going to prove some random person on the internet that I have success in forex? I’m doing very well and no need to waste my energy on you good luck to you ! and hopefully you get pips !
I understand your frustration. Empty vessels sounds more. You are saying you want a laser point entry and calling yourself swing trader that proves your experience in forex. Do you know what swing trader means? You said 200pips gap I didn't said. Go to investing.com and check there is hardly 3-4 events where market gapped up or down more than 50 pips forget about 200 in last 1 year.
You can't make money in FTMO than you can't make money in 5ers. Dont be a cry baby about weekend close.
  • #842
  • Jan 10, 2021 7:19pm Jan 10, 2021 7:19pm
Just chiming in for anyone wondering about server speeds with a VPS.

I'm currently in Southeastern USA. My home internet is fiber optics dedicated 500mpbs download, 500mbps upload (500/500). My computer is 1TB NVME, Intel core i7-10700 CPU @ 2.90GHz, 32gbp DDR4 3600RAM, I still average 106ms to the 5er's live server.
On the NY VPS server (2 core, 4gbp ram, upgraded bandwidth, ssd) its about 63ms, and with the
London VPS server (2 core, 4gbp ram, upgraded bandwidth, ssd) it's 4ms to the live server (not demo or platform). So their two UK servers are nice and fast.

It's where I'd recommend if you are running more than one account with copy software.
The best strategy is a profitable one.
  • #843
  • Jan 10, 2021 7:30pm Jan 10, 2021 7:30pm
I don't have fiber optic. My connection is through London @ 122.60

Using a laptop with SSD and an AMD Ryzen 5 2500U
Mark ... Everything you have been told is a LIE
  • #844
  • Jan 10, 2021 7:55pm Jan 10, 2021 7:55pm
Quoting spzd
I don't have fiber optic. My connection is through London @ 122.60 Using a laptop with SSD and an AMD Ryzen 5 2500U
My thing was I couldn't find any VPS speed data even though people have asked.

On a different note, 122 if you are sitting there executing trades I don't think will be a huge deal. My PC can handle anything I throw at it (8 core 16 hyperthread), I just don't run 3 or 4 MT4's with copy software on it. Just put it on a VPS, set and forget
The best strategy is a profitable one.
  • #845
  • Jan 10, 2021 7:59pm Jan 10, 2021 7:59pm
I am basically a short term swing trader (H1, H4) right now so I don't need perfect time entry execution. Made one entry this evening and got in on a sell stop right at my price. No slippage on this trade. So I think I'm ok.

I am looking at automating my system and will loo into a vps at that time.
Mark ... Everything you have been told is a LIE
  • #846
  • Jan 10, 2021 8:03pm Jan 10, 2021 8:03pm
Quoting AnRan
Just chiming in for anyone wondering about server speeds with a VPS. I'm currently in Southeastern USA. My home internet is fiber optics dedicated 500mpbs download, 500mbps upload (500/500). My computer is 1TB NVME, Intel core i7-10700 CPU @ 2.90GHz, 32gbp DDR4 3600RAM, I still average 106ms to the 5er's live server. On the NY VPS server (2 core, 4gbp ram, upgraded bandwidth, ssd) its about 63ms, and with the London VPS server (2 core, 4gbp ram, upgraded bandwidth, ssd) it's 4ms to the live server (not demo or platform). So their two UK servers...
Dude are you mining bitcoin
Just kidding why don't you just buy any vps with 8GB or more and use some copier tools like https://www.socialtradertools.com/
It will be much cheaper and reliable.
  • #847
  • Jan 10, 2021 9:10pm Jan 10, 2021 9:10pm
Quoting allinazi
i would like to know how many people who trade successfully with 5%ers for a period of at least 1 year? as a percentage the numbers they expect one to trade with are almost ridiculous .. 4% DD? how many traders perform to that level?
It's all a matter of percentages. If you typically allow your personal account to go into 20% drawdown, you trade 1/5 the size, 8%, half the size. Yes, you'll make less profit, however, you are probably not trading a 1.28 million dollar account. If you are and allowing much more drawdown than 4%, well that's an entirely different issue.
  • #848
  • Jan 10, 2021 9:18pm Jan 10, 2021 9:18pm
Quoting sampat
{quote} I understand your frustration. Empty vessels sounds more. You are saying you want a laser point entry and calling yourself swing trader that proves your experience in forex. Do you know what swing trader means? You said 200pips gap I didn't said. Go to investing.com and check there is hardly 3-4 events where market gapped up or down more than 50 pips forget about 200 in last 1 year. You can't make money in FTMO than you can't make money in 5ers. Dont be a cry baby about weekend close.
I never said anything about “gap” I think you need to learn how to read LOL go back and read idiot so pathetic ! And what’s more pathetic is u think I’m “frustrated” LOL frustrated over what I don’t understand this? Frustrated over someone on the internet!? Are you for real !?
Master your mind. Master Trading.
  • #849
  • Jan 10, 2021 9:23pm Jan 10, 2021 9:23pm
Quoting spzd
I am basically a short term swing trader (H1, H4) right now so I don't need perfect time entry execution. Made one entry this evening and got in on a sell stop right at my price. No slippage on this trade. So I think I'm ok. I am looking at automating my system and will loo into a vps at that time.
Right on.

Quoting sampat
{quote} Dude are you mining bitcoin Just kidding why don't you just buy any vps with 8GB or more and use some copier tools like https://www.socialtradertools.com/ It will be much cheaper and reliable.
There are always variations in speed when its over the internet vs on the same computer. And that's slightly increased when there are differences in brokers. So using a 30$ VPS to run more than one MT4, and free copy software like fxblue's that doesn't send and receive over the internet is better. No third party hub ( MT4, receiving server, out to the other MT4).

Now to my PC specs, lol. Is it overkill for trading, you bet! But I do more than just trading, and I don't like getting just what I need. Boring!
The best strategy is a profitable one.
  • #851
  • Jan 10, 2021 9:27pm Jan 10, 2021 9:27pm
Quoting KareemAliFx
{quote} I never said anything about “gap” I think you need to learn how to read LOL go back and read idiot so pathetic ! And what’s more pathetic is u think I’m “frustrated” LOL frustrated over what I don’t understand this? Frustrated over someone on the internet!? Are you for real !?
It's amazing how threads "derail" from what is relevant. Always 2-3 people taking up 3 pages arguing about nothing relevant to the thread. You came on here simply to tell the 5%ers you couldn't use them. What was the point? I don't understand, so many people on the prop firm threads bitching about the rules. Simple, use another prop firm or trade your own funds. I trade the same system on two different prop firms and I am adding two more within 30 days. I use 0.25-0.5% risk per trade, small in the beginning of the month, build a buffer, but never more than 0.5%. Does everyone understand if you use multiple firms, what your split on 3% profit per month is, on say 3-4 million?
  • #853
  • Jan 10, 2021 9:37pm Jan 10, 2021 9:37pm
Quoting pipmaster77
{quote} It's amazing how threads "derail" from what is relevant. Always 2-3 people taking up 3 pages arguing about nothing relevant to the thread. You came on here simply to tell the 5%ers you couldn't use them. What was the point? I don't understand, so many people on the prop firm threads bitching about the rules. Simple, use another prop firm or trade your own funds. I trade the same system on two different prop firms and I am adding two more within 30 days. I use 0.25-0.5% risk per trade, small in the beginning of the month, build a buffer,...
I agree. Took me to long to come this reality but I see massive potential. 0.5% at the most. The way prop firms are set up, a slow grind of profit on two, three, or four firms in time is a lot of money in your pocket.

Most of the "traders" on FF want 10% to 30% DD. Do so with your own money and good luck. It will bite you eventually.
Mark ... Everything you have been told is a LIE
  • #854
  • Jan 11, 2021 3:03am Jan 11, 2021 3:03am
Quoting spzd
{quote} I agree. Took me to long to come this reality but I see massive potential. 0.5% at the most. The way prop firms are set up, a slow grind of profit on two, three, or four firms in time is a lot of money in your pocket. Most of the "traders" on FF want 10% to 30% DD. Do so with your own money and good luck. It will bite you eventually.


what is wrong with 10-30% dd why will that bite you eventually?

i trade for a funding program which allows 30% dd set up by professionals who have actually worked in the industry for top institutions and banks... so how can they allow that from their background?

so this model these online firms have created have brainwashed most people who think a 10 % DD or 20% DD is not allowed in the real industry its BS its set up for maybe a handful of guys to make it and the rest to fail their program and collect sub fees..
  • #855
  • Jan 11, 2021 3:07am Jan 11, 2021 3:07am
Quoting allinazi
{quote} what is wrong with 10-30% dd why will that bite you eventually? i trade for a funding program which allows 30% dd set up by professionals who have actually worked in the industry for top institutions and banks... so how can they allow that from their background? so this model these online firms have created have brainwashed most people who think a 10 % DD or 20% DD is not allowed in the real industry its BS its set up for maybe a handful of guys to make it and the rest to fail their program and collect sub fees..
@allinazi -- you're not exactly being truthful. The reason they allow the larger DD is because it is taken from YOUR fee and is not their money.

Besides -- the rules are the rules. If I want to play basketball I have to dribble the ball. If I'm not a good dribbler do I complain and ask the referee if I can be excused from dribbling? There are plenty of different games out there -- why not just choose the one that suits your style and let the others be.
  • #856
  • Jan 11, 2021 3:13am Jan 11, 2021 3:13am
yes that is correct

you trade with blu fx - you pay £240 per month YOUR MONEY
FTMO challenge - YOUR MONEY but ok if you pass refunded
5%ERS - FEE paid by YOUR MONEY

yes i pay an initial deposit with my own money which i have already got back so its a free account

so i do not see how its any different to what i have stated here
  • #857
  • Jan 11, 2021 3:17am Jan 11, 2021 3:17am
Quoting robots4me
{quote} @allinazi -- you're not exactly being truthful. The reason they allow the larger DD is because it is taken from YOUR fee and is not their money. Besides -- the rules are the rules. If I want to play basketball I have to dribble the ball. If I'm not a good dribbler do I complain and ask the referee if I can be excused from dribbling? There are plenty of different games out there -- why not just choose the one that suits your style and let the others be.

again i still ask what are the %'s of guys who are still with 5% ers successful after 1 year? no one can give me an answer

i already know what it is for some of these other firms and its not great and im sure its not the best here either with even more restrictive parameters
  • #858
  • Jan 11, 2021 3:21am Jan 11, 2021 3:21am
Quoting allinazi
yes that is correct you trade with blu fx - you pay £240 per month YOUR MONEY FTMO challenge - YOUR MONEY but ok if you pass refunded 5%ERS - FEE paid by YOUR MONEY yes i pay an initial deposit with my own money which i have already got back so its a free account so i do not see how its any different to what i have stated here
I don't know why this is so hard. @allinazi -- how about this -- I'll put $250 in escrow and you open a 100K live account for me that allows 30% DD? Sound like a deal?
  • #859
  • Edited 3:44am Jan 11, 2021 3:28am | Edited 3:44am
Quoting robots4me
{quote} I don't know why this is so hard. @allinazi -- how about this -- I'll put $250 in escrow and you open a 100K live account for me that allows 30% DD? Sound like a deal?

you arent seeing it from my point of view

my program you pay 1k min and you get funded - IF i hit my dd i would lose 1000 of my money but i already have go that back so its free for me

blu fx every quarter you will have paid roughly 1000 bucks of your own money you hit 10% dd you lose YOUR MONEY

5Ers you pay a free to do the trial lets say the 10k one $450 bucks if you fail you are down 450 of your own money NOT THEIRS

you are still paying it from your own money ......

do you think these firms give u an actually 50k/100k/200k account?
they can get your mt4 to look how they want it to look


Anyways this is going off on a massive tangent will leave it here GOOD LUCK ALL
  • #860
  • Jan 11, 2021 3:45am Jan 11, 2021 3:45am
Quoting allinazi
{quote} you arent seeing it from my point of view my program you pay 1k min and you get funded - IF i hit my dd i would lose 1000 of my money but i already have go that back so its free for me blu fx every quarter you will have paid roughly 1000 bucks of your own money you hit 10% dd you lose YOUR MONEY 5Ers you pay a free to do the trial lets say the 10k one $450 bucks if you fail you are down 450 of your own money NOT THEIRS you are still paying it from your own money ...... do you think these firms give u an actually 50k/100k/200k account? they...
I know how MT4 works. I know that some use demo accounts -- @the5ers uses a live account.

The bottom line is they are a business. A business needs to make more money than it loses -- otherwise it becomes not-a-business. A prop firm will never lose more money than your fee -- otherwise they would go out of business because there are many more poor traders than good ones.

When I go to Walmarts and buy a King-size bag of candy bars then Walmart charges me more than what they paid. If they charged less than what they paid then I would buy them out and sell my own candy bars online.
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