Disliked{quote} Dylan is the CEO of E8 Funding. Been reading some recent bad reviews, what’s the latest news?Ignored
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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} Dylan is the CEO of E8 Funding. Been reading some recent bad reviews, what’s the latest news?Ignored
Disliked{quote} i just received pay out last Thursday hopefully all goodIgnored
Disliked{quote} no rules? They also prohibit DCA which they even wrongly call Martingale. I better avoid them as they don't seem to like copy trading eitherIgnored
QuoteDislikedPerforming prohibited trading activity, such as High-Frequency Trading, Ultra-Fast Scalping, Latency Arbitrage Trading, any Tick Scalping Strategies, any Copy Trading of other person's signals, any Reverse Arbitrage Trading, any Hedge Arbitrage Trading, any use of emulators, and Martin Gale Style EAs.
Disliked{quote} I haven't seen anything about DCA in CTI. What I saw in T&C, besides the 60 rule, is this: {quote}Ignored
DislikedI also would say in addition the statistic facts I got from different websites for being consistent profitable with or without trading experience, it depends on volume and volatility too (more is better). So for daytrading you need low transaction cost to get in and out easily. So heavy volume traded products are better. Then you also need some volatility as you can only profit from movements in one direction. So daytrading EURUSD (for volume focus) or GBPJPY (for volatility focus) is best here in FX (if you want to daytrade FX). Swing Trading should...Ignored
Disliked{quote} Interesting, I'm guessing SP500 and NAS would be so much easier becasue they have a lot of days when they are just trending in one direction. When talking about trading different asset classes what would a proffesional like yourself say that is the optimal backtesting data for a strategy? Personally I am trading a system that has had really good performance during the last 2 years on 2 instuments (eu and uc) with around 200 trades worth of data. Would you consider that sufficient in your line of work or would you go for a year more as in...Ignored
Disliked{quote} It is in the definition how one is defining martingale strategies as this is prohibited at CTI. If you already cannot enter with same lot size when you are in drawdown, then this is also DCA considered (normally), but here as Martingale. So it depends on the definition as each prop can interpret this differently.Ignored
Disliked{quote} I can't see anything preventing martingale in CTI (except Martingale EAs)Ignored
Disliked{quote} I do not think there is a specific time period you need at least. It really depends. 6 months can be sometimes sufficient (on tick data for example) versus sometimes you would need 10 years of data. But the key is to adapt over time, as there is always sometimes a new shift in the market where you quickly need to adjust your settings. And that varies too. So the key is to look on new data and whether it fits still within the old model or you need to adapt some settings of it. That is my opinion on that.Ignored
Disliked{quote} cannot does not mean anything you know...because then it is just a grey hidden rule ? (as you get know this in detail when you failed because of that (if they ever explained in full detail to you)).Ignored
Disliked{quote} So it's an hidden rule ? I thought this was a rule written in CTI site. Anyway, doesn't affect me. I don't martingale.Ignored
Disliked{quote} As long as one does not open second trade 1 xxx is not martingale. First trade 1 lot..second position onwards, 0.9, 0.8, o.5 lots is not martingale. 1 lot, 2 lots, 3 lots, 5 lots is martingaleIgnored
Disliked{quote} Not by CTI. They prohibit adding position of ANY size while at least one open is on loss. They consider it all Martingale. Confirmed on their Discord.Ignored
DislikedRegarding the statistics of the traders vs profitable ones. I wonder what would happen if those 99.3% would demo trade for 5 years several hours straight instead of gambling.Ignored
DislikedNot by CTI. They prohibit adding position of ANY size while at least one open is on loss. They consider it all Martingale. Confirmed on their Discord.Ignored