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Anyone trading with a Prop firm 6 replies

So I accepted a Prop Trading job in South Beach Miami 44 replies

prop firm new model - my trading journey 871 replies

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Prop Firm Hub

Quoting Takisd
I laugh at anyone trading at a prop firm who gets smashed during news and cries about slippage. Back to your McJob .
-I couldn't help but laugh myself this morning when watching NAS100. A lot of newbies getting smashed, for sure.
Quoting CableJ
MFF's Discord has been pure comedy since 8:30 est... highly anticipated CPI report release causes market chaos, Dow gaps >200 points and drops market >550 in <5 min... but they demand perfect fills on SLs? lol

the best has been "Im going to give you 1 star review if you dont rectify this".. goes to show how pathetic these people are.
Quoting Takisd
"Im going to give you 1 star review if you dont rectify this"
-Sounds like a millennial.

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Quoting Nsak3y
{quote}-Sounds like a millennial. https://www.youtube.com/watch?v=Uo0KjdDJr1c
hahaha everyones discord man.. omg... its so funny... I think that the death of prop firms might come from the surprise buttseks of newbies not knowing what slippage is and why it occurs.
I've noticed that Finotive had very wide "jumps" in EURUSD and GBPUSD many minutes after the release. It's usually in props to have this immediately after, but now so many/after several minutes. The ticker was up and down 40 pips.
Didn't affect me but I checked other props and none had this tick print in the chart.
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Quoting Capablanca
I've noticed that Finotive had very wide "jumps" in EURUSD and GBPUSD many minutes after the release. It's usually in props to have this immediately after, but now so many/after several minutes. The ticker was up and down 40 pips. Didn't affect me but I checked other props and none had this tick print in the chart. {image}

this is a feed bug. I wish I could say its fino scamming cos their rules really annoyed my brain but its just inexperience with an metatrader platform. I believe the broker they use is their own offshore junkshop.
Quoting Takisd
{quote} this is a feed bug. I wish I could say its fino scamming cos their rules really annoyed my brain but its just inexperience with an metatrader platform. I believe the broker they use is their own offshore junkshop.
Yep. I started the challenge in Ascott broker and was changed, without notice, to their internal broker or whatever is this circus.
Quoting Cryptosurf
Im running four firms at the moment. Mostly just trading DOW, NAS and SPX. One thing I noticed is E8's commissions are 10x that of TFF's. MFF and FTMO have zero commissions on Indices. Examples from today's trades. One is master, the other three are slaves copying identical lot sizes. {image}{image}{image}{image}
Todays results was much less sloppy then yesterday so high commissions were kept under control. And no i didn't trade the CPI news. These were all trading the retrace after the bell..

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Trade with confidence, trade without fear.
Quoting Cryptosurf
Todays results was much less sloppy then yesterday so high commissions were kept under control. And no i didn't trade the CPI news. These were all trading the retrace after the bell..
-That looks a lot better. Were you just taking really small take-profits then? Those profits sizes are large, though. Are you consistently trading that size?
Quoting Cryptosurf
{quote} Todays results was much less sloppy then yesterday so high commissions were kept under control. And no i didn't trade the CPI news. These were all trading the retrace after the bell.. {image}{image}{image}{image}
Exactly what I did, wait for the move after the spike. Indices are pretty respectful of ADR's
Quoting Nsak3y
{quote}-That looks a lot better. Were you just taking really small take-profits then? Those profits sizes are large, though. Are you consistently trading that size?
Yesterday was trying to trade and then took a useless Zoom call. Turned out to be a monumental waste of time. It shows how distractions can lead to costly mistakes.
Trade with confidence, trade without fear.
Quoting Cryptosurf
{quote}..i didn't trade the CPI news. These were all trading the retrace after the bell.. {image}{image}{image}{image}
It was somewhat obvious to me that equities would drop following the CPI release, considering that oil's high was over $120 last month; so today's print which was tracking June's prices was going to be crazy! Just like oil being circa $100 right now means next month's print should be less than today's...and a relief rally probably follow. I wish I was trading at the moment, but I really like where I'm right now; I'm on a break..
Anyone can say how much max lot size can you enter on Indices without getting any slippage ? I tried 20 units on SPX at MFF and experienced no slippage. But how are about slippage on 50 or 100 units at MFF or TFF or elsewhere ? Of course the sizes differ from prop firms, but I would like to know how much you can enter at once ?
Quoting TrAndy1
Anyone can say how much max lot size can you enter on Indices without getting any slippage ? I tried 20 units on SPX at MFF and experienced no slippage. But how are about slippage on 50 or 100 units at MFF or TFF or elsewhere ? Of course the sizes differ from prop firms, but I would like to know how much you can enter at once ?
There was a time I did 100 lots per clip on MFF as standard; I don't recall experiencing any remarkable slippage. I dropped to 50, then eventually 25 so I could manage multiple things better. Ironically now at 25, I do see some slippage once in a while but its nothing that messes with me much..though I should say, I don't go out of my way to trade volatile events..
I have slippage on 100 lot clicks but I also know that if i click 100 lots I should expect slippage. Thinking i'm not going to get some sort of slippage is ignorant. Slippage ranges depending on the time of day etc but nothing that stings. I also dont trade news.
ANYONE using Funded Trading Plus ? they is really legit ?
Does anyone know if it is possible to merge accounts at MFF if one account has received payouts but the other one hasn't? The rules posted in Discord are somewhat ambiguous.
Quoting maximusa
ANYONE using Funded Trading Plus ? they is really legit ?
dd is 3%, that's killer
I'm not using any, will look into one after the summer.
Quoting Crystalferno
{quote} dd is 3%, that's killer I'm not using any, will look into one after the summer.
YES BUT slowly its still ok as no target there . you can get monthly 5% with low risk and stll ok ?
i want make sure if they legit and safe ))
Quoting EnoFX
Does anyone know if it is possible to merge accounts at MFF if one account has received payouts but the other one hasn't? The rules posted in Discord are somewhat ambiguous.
You can but your payout reverts to the newest account's period. So its best to get them all to max payout % and bi weekly before merging.
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