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  • #16,961
  • Jun 23, 2023 8:26am Jun 23, 2023 8:26am
Quoting Takisd
Another question, ladder, let’s say that FtMO removed all their day restrictions mon and max, they lowered their targets to what TFT is going to provide or MFF provides, immediately they gain an extra 50 plus market share, what do they do about the liquidity and infrastructure. Realistically if either of the big two make these changes they will suck the air out of the room. at some point in time 8crap is going to start choking due to server loads, with all the firms using them. Then what? Shouldn’t it be in the interest of all for firms to consider...
This makes me wonder why firms like TFT is still using 8Crap they are over 2 years and as per their own statistics they are profitable.
  • #16,962
  • Jun 23, 2023 8:29am Jun 23, 2023 8:29am
Quoting Ferna
{quote} can i ask what mff means? thx/newbie
MyForexFunds
  • #16,963
  • Jun 23, 2023 8:33am Jun 23, 2023 8:33am
Quoting Takisd
{quote} It is from this thread. An example given. But you just proved the point anyway without noticing it in your reply. The trader shouldn’t have been funded to begin with. That’s the point
you sound like the orangeman. I would like to invite you to join me to start a 100k challenge, no not in a cage, any firm you like I will go with you.
  • #16,964
  • Jun 23, 2023 8:36am Jun 23, 2023 8:36am
Quoting Takisd
Another question, ladder, let’s say that FtMO removed all their day restrictions mon and max, they lowered their targets to what TFT is going to provide or MFF provides, immediately they gain an extra 50 plus market share, what do they do about the liquidity and infrastructure. Realistically if either of the big two make these changes they will suck the air out of the room. at some point in time 8crap is going to start choking due to server loads, with all the firms using them. Then what? Shouldn’t it be in the interest of all for firms to consider...
I think I've lost the thread here? So a challenge/phase 1/2 is on "demo" where is the need for liquidity and infrastructure, let alone hedging/clearing?

Even if server loads was a problem it would be easy to implement a max simultaneous trade rule.
  • #16,965
  • Jun 23, 2023 8:39am Jun 23, 2023 8:39am
Quoting Fagin
{quote} I think I've lost the thread here? So a challenge/phase 1/2 is on "demo" where is the need for liquidity and infrastructure, let alone hedging/clearing? Even if server loads was a problem it would be easy to implement a max simultaneous trade rule.
so what you are saying is that a firm who grows significantly, in the case above being ftmo, with no time limit, will not have more live traders?

also you are assuming that people will accept strings attached to the rules. So if firm A puts rules of max open trades 30 firm b will make it 40 c will make it 50 and then eventually it will be unlimited also.

but back to the first point, the attempted gotcha..
  • #16,966
  • Jun 23, 2023 8:43am Jun 23, 2023 8:43am
Quoting Takisd
{quote} how do you propose handling that from a “should back traders” point of view? I am deeply curious of your opinion on this
Once again, you are making up things. I never have “should back traders” view.
I said clearly in the previous post:
'Anyway, every prop firm can choose their business model. If consistent traders do not like the terms of a prop firm, they can go to other prop firms, or regulated asset management companies like Darwinex which also provides no time limit.'
  • #16,967
  • Jun 23, 2023 8:50am Jun 23, 2023 8:50am
Quoting Takisd
{quote} so what you are saying is that a firm who grows significantly, in the case above being ftmo, with no time limit, will not have more live traders? also you are assuming that people will accept strings attached to the rules. So if firm A puts rules of max open trades 30 firm b will make it 40 c will make it 50 and then eventually it will be unlimited also. but back to the first point, the attempted gotcha..
I'm talking about reasonable time to pass a phase that allows you to trade how you would in a live market using your own funds based on the criteria of the drawdown rules. Not managing fat tail HFT hedge risk in a live market with toxic stink no one will touch, so I must have lost the thread here.

You are the one saying that they cannot manage server capacity if Paul Rotter shows up. Good luck to them then.

The premise of this all is to have more live traders is it not? If not, what are they doing?
  • #16,968
  • Jun 23, 2023 9:01am Jun 23, 2023 9:01am
Quoting Fagin
{quote} I'm talking about reasonable time to pass a phase that allows you to trade how you would in a live market using your own funds based on the criteria of the drawdown rules. Not managing fat tail HFT hedge risk in a live market with toxic stink no one will touch, so I must have lost the thread here. You are the one saying that they cannot manage server capacity if Paul Rotter shows up. Good luck to them then. The premise of this all is to have more live traders is it not? If not, what are they doing?
would 60 or 90 days hit what you think is reasonable?
  • #16,969
  • Jun 23, 2023 9:06am Jun 23, 2023 9:06am
Quoting ladder
{quote} Once again, you are making up things. I never have “should back traders” view. I said clearly in the previous post: 'Anyway, every prop firm can choose their business model. If consistent traders do not like the terms of a prop firm, they can go to other prop firms, or regulated asset management companies like Darwinex which also provides no time limit.'
there’s that darwinex again. Darwinex is by far the hardest company to get funded with. It’s an amazing company but shouldn’t be even mentioned in this thread as it’s comparing a space ship to sitting in a recliner with a vivid imagination. Any seriously profitable, risk averse trader should be there already and I am never going to argue about that. We are talking about bottom of barrel retail funding companies that most don’t even have the capacity to operate their own trading infrastructure not well established licensed entities who have realistic expectations (difficult) on who should get their money.
  • #16,970
  • Jun 23, 2023 9:07am Jun 23, 2023 9:07am
Quoting Takisd
{quote} would 60 or 90 days hit what you think is reasonable?
What does a prop firm expect as a return on investment from a live trader per annum? What's his / her Sharpe ratio need to be? Does that even ever get discussed?
  • #16,971
  • Jun 23, 2023 9:12am Jun 23, 2023 9:12am
Quoting Fagin
{quote} What does a prop firm expect as a return on investment from a live trader per annum? What's his / her Sharpe ratio need to be? Does that even ever get discussed?
a question with a question. Wasn’t it the5ers who had a PF requirement for a free program? But the PF was like over 2 with 3 months or 100 trades of trading.

sharps could be used but I’d be surprised if prop firms even know how to use it to decide who is good and who is bad.
  • #16,972
  • Jun 23, 2023 9:14am Jun 23, 2023 9:14am
Quoting Takisd
{quote} there’s that darwinex again. Darwinex is by far the hardest company to get funded with. It’s an amazing company but shouldn’t be even mentioned in this thread as it’s comparing a space ship to sitting in a recliner with a vivid imagination. Any seriously profitable, risk averse trader should be there already and I am never going to argue about that. We are talking about bottom of barrel retail funding companies that most don’t even have the capacity to operate their own trading infrastructure not well established licensed entities who have...
You always love to change the subject when you don't know how to respond. The subject here is ‘
Once again, you are making up things. ‘
  • #16,973
  • Jun 23, 2023 9:19am Jun 23, 2023 9:19am
Quoting Takisd
{quote} a question with a question. Wasn’t it the5ers who had a PF requirement for a free program? But the PF was like over 2 with 3 months or 100 trades of trading. sharps could be used but I’d be surprised if prop firms even know how to use it to decide who is good and who is bad.
"a question with a question" Ha! Yes right back a ya

Yes they had a go at it called Freestyle if I recall (if we are talking about the same things) but it ran into headwinds as soon as they went open with it. As yet I haven't had anyone independently vouch for them from a live and in green position from working for them. That's a bit odd. Might be the dice is loaded and the table keeps tilting..?
  • #16,974
  • Jun 23, 2023 9:24am Jun 23, 2023 9:24am
Quoting Fagin
{quote} "a question with a question" Ha! Yes right back a ya Yes they had a go at it called Freestyle if I recall (if we are talking about the same things) but it ran into headwinds as soon as they went open with it. As yet I haven't had anyone independently vouch for them from a live and in green position from working for them. That's a bit odd. Might be the dice is loaded and the table keeps tilting..?
can you imagine the community if sharpe was a required parameter. Sorry sir you fail due to bad sharpe, “explain to me what sharpe is” . I don’t think I would pass a sharpie requirement in my old age, I’m too degen now.
  • #16,975
  • Jun 23, 2023 9:27am Jun 23, 2023 9:27am
Quoting Takisd
{quote} can you imagine the community if sharpe was a required parameter. Sorry sir you fail due to bad sharpe, “explain to me what sharpe is” . I don’t think I would pass a sharpie requirement in my old age, I’m too degen now.
I forgive you...
  • #16,976
  • Jun 23, 2023 10:24am Jun 23, 2023 10:24am
Quoting ladder
{quote} You always love to change the subject when you don't know how to respond. The subject here is ‘ Once again, you are making up things. ‘
how did the subject change I followed on your post, maybe you can’t handle when someone replies to you?

let me lay it out for you man, it might be easier this way.

if you can get funded at Darwinex? Why are you here? Or does that question answer itself.

you are welcome to highlight my made up part and we can discuss that, but you don’t because you’re the typical mudslinging internet trooper. I have only replied to comments made in this thread attacking me and that’s the easiest way to deal with people like you.

I ask the same question I asked Fagin now, a man who knows how to have a discussion, is 60 to 90 days enough for you? Or does it have to be unlimited?
  • #16,977
  • Jun 23, 2023 10:26am Jun 23, 2023 10:26am
Quoting Fagin
{quote} I forgive you...
I would love to see how many actually from prop firms would pass a properly constructive sharpe requirement. I think that pass rate goes from 8 or so percent to like 0.8 percent or less.
  • #16,978
  • Jun 23, 2023 10:33am Jun 23, 2023 10:33am
Quoting Takisd
{quote} I would love to see how many actually from prop firms would pass a properly constructive sharpe requirement. I think that pass rate goes from 8 or so percent to like 0.8 percent or less.
If any do, probably over at Fundseeder.. or flying well below radar.
  • #16,979
  • Jun 23, 2023 10:50am Jun 23, 2023 10:50am
Quoting Takisd
{quote} you are welcome to highlight my made up part and we can discuss that, but you don’t
Oh man, you are really too old to remember things. You asked me to answer your question from a 'should back traders' point of view. I replied 'Once again, you are making up things. I never have “should back traders” view.' My previous post clearly shows I don't have this view.
I will not reply to your posts anymore.
  • #16,980
  • Jun 23, 2023 10:51am Jun 23, 2023 10:51am
Quoting Fagin
{quote} If any do, probably over at Fundseeder.. or flying well below radar.
If someone has that much edge they could be at Darwinex but most likely employed and having an understanding of market dynamics and liquidity so don’t mess with retail things
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