Do you know if they offer a demo?
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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
DislikedI passed yet another Challenge with TFF today. This is second one. Will be trading 2x100k funded account separately. The MFF evaluation which i was doing, blown. Will try again. {image}Ignored
Disliked{quote} Congratulations on passing. Why was the MFF blown and TFF passed? About the trading conditions on the platform, which retail broker would say is similar to TFF? and MFF?Ignored
Disliked{quote} Congratulations on passing. Why was the MFF blown and TFF passed? About the trading conditions on the platform, which retail broker would say is similar to TFF? and MFF?Ignored
Disliked{quote} TFF is good. Looks like they still use IC Markets. At times the platform was freezing. Not much now. MFF generally mt4 is good. No complaints at all.Ignored
Disliked{quote} I trade big, the only time there is harsh slippage is during news, and thats from my 100 lot size positions on CFD's. Which should slip to oblivion every trade because of liquidity but dont.Ignored
Disliked{quote} Passing challenges clues : On no day you should make loss, smaller profit is ok If you make good profit in a day, for example, 4k, continue on the same day and achieve the target. It is easier. You have confidence on that day + Cushion in daily loss limit. You can take extra risk.Ignored
From this, we can conclude that the execution quality will depend on the following:
Based on this information, we can start to design our technology infrastructure to tackle each of these important measures and have a better understanding of our executions.
But before that, we need to understand how the matching engines work and the limit order book dynamics.
Conclusions
The execution quality is one of the most important things when we are trading quantitative strategies. It could be the difference between a successful trading operation or a plain failure, regardless of the strategy you use.
Especially in the Forex market, the best price is no longer the most important thing. Factors such as fill ratio, last look, latencies, and spreads could be far more important than just the price we see.
And here is where having technological tools like FX Aggregators, TCA analysis, etc, could improve how your orders are being executed.
Disliked{quote} Why do you ever fail a challenge if that is a realistic possibility?Ignored
DislikedIt would be really helpful if you prop traders could post a screenshot of the Market Watch (Forex) symbols. This would answer the question about the IC Markets-like spreads, etc.Ignored
Disliked{quote} TFF spreads are good but $7 rtl comms for FX. See actual spreads here: {image}{image}Ignored
Disliked{quote} Check out the spreads for the 2 deepest pairs usd/jpy & eur/usd. Single bank platforms & multibank trading venues (EBS & Reuters matching) spreads are typically not competitive with retail fx brokers. Most retail traders would probably be shocked to see it. However, filling 200 lots with a spread <5 is where those platforms shine.Ignored
Disliked{quote} Check out the spreads for the 2 deepest pairs usd/jpy & eur/usd. Single bank platforms & multibank trading venues (EBS & Reuters matching) spreads are typically not competitive with retail fx brokers. Most retail traders would probably be shocked to see it. However, filling 300 lots with a spread <5 is where those platforms shine. {image}Ignored