Interesting to watch I find...
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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
Disliked{quote} It would be a breach in the phases. But not in the live. Because if you reached live, you have proven you can do it without the <1m trades. Live leads to emotions so its understandble sometimes shit happens. But again, its not up to me anymore I have done some ground work for other people (people you already know I believe). I was going to do it and have them involved but as mentioned, my life does not need security concerns. I am not young enough to deal with someone trying to kidnap me or threatening to kill me because they failed a challenge....Ignored
Disliked{quote} Update 3: I still received the Alpha wire last night. This confirms my suspicion that Alpha is still paying and paying quickly. The one week mess was all caused by Wise. For some reason I inserted the details twice and in none of them the transfer was processed. Wise support is a bunch of useless people. They kept saying that they could not provide information to recipient (which was me) and I would have to ask to the recipient (which was me). Don't laugh. This happened 3 times. My suggestion to euro zone traders is to avoid Wise and pick...Ignored
DislikedThat you have an orientation. I have realized monthly R of 1.1 on my hedge fund account, which means I can do around 13 R per year without compounding. That's me.Ignored
DislikedLittle bit behind the scenes of brokers with b-booking and prop firms...(SMC & ICT is bullshit he says in addition too in this video) https://www.youtube.com/watch?v=qlhBYXNAj6wIgnored
Disliked"My advice was trades must be above 1min, any profit from trades under 1m removed (you cant do anything with this order flow and if you send a lot of it the spreads widen at provider). No open during news only close. And switch to close only during rollover to avoid the "SPREAD SLIPPAGE WAA" headaches. " It'd be cool if traders are not penalized for trying to open during news first minute, just limited by the platform. I believe 5%ers does something like this the last and first hour of every day, IIRC. This let's expert advisor traders have peace...Ignored
Disliked{quote} My idea was to automate the platform to change to close only during news and rollover.Ignored
Disliked{quote} That's what any honest prop should do if they really cared about traders. However they know that some % of traders will fail so it's convenient to have that news rule and nothing preventing people from opening trades. Those failures are part of the business metrics. They are not scammer, because rule is know, but they could do much better if they really cared about traders success (which they don't, as we know - we lose, they win)Ignored
DislikedIf an algorithm can be developed so that trading data can be holistically used against real market conditions, then I suspect that any firm making use of such a tool would likely want to minimize any interference with their traders as much as possible so that the data is organic and not skewed in any way, for best results. Perhaps the exception to this would be wild-card scenarios such as news and rollover, that may be more difficult to predict. Point being, that any firm that adopts such an approach, in lieu of the current model, should not need...Ignored
Disliked{quote} Update 4. I received FXIFY payout after contacting them in Telegram (in live support they kept saying the case was escalated and I had to wait). It took a complete week. Monday to Monday. So, in resume, it was a week for all of them. - 5ers because the guy had a newborn and apparently was busy changing diapers. - FXIFY because the form is not working for people that received a previous payout using that form (the link is always the same for what I read in telegram) - Alpha because Wise screwed everything (Alpha seemed to be processing very...Ignored
DislikedYou will need to interfere a lot because not all data is created equal.Ignored