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  • #35,841
  • May 2, 2024 1:16pm May 2, 2024 1:16pm
Does topstep have any promotions currently? I dont see nothing online.
Drawdown is more important than Account Size !
  • #35,842
  • May 2, 2024 1:26pm May 2, 2024 1:26pm
Quoting procrude
Does topstep have any promotions currently? I dont see nothing online.

You can search the Web and may be find somethings similar:

https://www.propfirmmatch.com/offers
https://forexpropreviews.com/proprie...iscount-codes/

I believe you already did that.
  • #35,843
  • May 2, 2024 5:27pm May 2, 2024 5:27pm
Quoting Cryptosurf
{quote} Trading US indices during NY open is the most liquid. I usually will look after 10am after the opening back and forth subsides. There are times that it will make a move 3 hours post london open (6am EST) but not always. See pic below of hourly candles on Nasdaq. IMO trading during Asian session is a waste of time, all the volatility is after the US open. DAX is for people who want to trade asian/overnight. The key to successfully trading US indices is looking at how the seasoned futures pro's approach them. This was a rainmaker for me personally....
The Nikkei is also good if you wish to trade Asia, daily range close to 750 points.
  • #35,844
  • May 2, 2024 6:05pm May 2, 2024 6:05pm
Quoting pipmaster77
{quote} The Nikkei is also good if you wish to trade Asia, daily range close to 750 points.
DO you know where to get symbol info, tick value n all of Nikkei or any other index
Extreme gut feeling trader
  • #35,845
  • May 2, 2024 6:35pm May 2, 2024 6:35pm
Quoting montygoldy
{quote} DO you know where to get symbol info, tick value n all of Nikkei or any other index
try here

https://www.tradovate.com/resources/markets/margin/
Drawdown is more important than Account Size !
  • #35,846
  • May 2, 2024 6:55pm May 2, 2024 6:55pm
Quoting anthon25
{quote} Day 3 {image}
Day 4
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I am completely a lazy Trader & Pennies Rebate Hunter
  • #35,847
  • May 2, 2024 9:31pm May 2, 2024 9:31pm
now 35 $ left to pass phase1 of mini 5k account
1:1 r:r taken, and I am confident this time I will win this trade & pass phase1 finally
I will write more after passing it
  • #35,848
  • May 2, 2024 11:38pm May 2, 2024 11:38pm
Swift funding was having a lot of payments delay and denials.
MFFx just absorbed them. Announcement from Matt
https://twitter.com/FundTraders/stat...67301030469695
  • #35,849
  • May 3, 2024 1:14am May 3, 2024 1:14am
Quoting Capablanca
Swift funding was having a lot of payments delay and denials. MFFx just absorbed them. Announcement from Matt https://twitter.com/FundTraders/stat...67301030469695
Swift is down. I requested 3rd payout tonight and 30min later couldn't open position at Asia open. They announced accounts disabled and it looks they are processing payouts in rush. Matt posted announcement that they will pay within 72hrs.
  • #35,850
  • May 3, 2024 2:00am May 3, 2024 2:00am
Quoting youngD
{quote} Swift is down. I requested 3rd payout tonight and 30min later couldn't open position at Asia open. They announced accounts disabled and it looks they are processing payouts in rush. Matt posted announcement that they will pay within 72hrs.
I don't have any experience with them but if Matt is saying that they will be paying it's probably safe. It would be very silly not to pay after that announcement. That would be a death sentence to MFFx (which seems to be already in the death row).
  • #35,851
  • May 3, 2024 2:35am May 3, 2024 2:35am
Quoting Capablanca
{quote} I don't have any experience with them but if Matt is saying that they will be paying it's probably safe. It would be very silly not to pay after that announcement. That would be a death sentence to MFFx (which seems to be already in the death row).
They sent lot of payouts recently i follow discord, mostly small amounts, anyway i start the5ers today and will try catch alpha with some discount and that is it, time to stick to trusted ones.
  • #35,852
  • May 3, 2024 5:46am May 3, 2024 5:46am
Quoting genuine007
now 35 $ left to pass phase1 of mini 5k account 1:1 r:r taken, and I am confident this time I will win this trade & pass phase1 finally I will write more after passing it
Thank God, I finally passed phase1, But its just mini 5k account, Still its okay to push me if I receive payout
I kept extra 40 $ in my bank account to purchase the next 5k account in case something bad happens
& some petty cash to pay internet bill, phone recharges & tv connection recharge

I passed Phase1
But still I am not happy. WHY?
Because I did not follow my strategy fully.
I break some of my rules like :-
I did not wait for tp to hit in all the entries except the last winning trade
I did not wait for the next setup to arrive, but taken early entry except some cases
I did not follow my risk management rules on the confident entries, though I win them, but I should not over leverage
I did still adjust my sl to next support or resistance level in hope that will not get taken out & turns in my favour but ended giving me more loss than intended
I took partials by adjusting sl, which I should not do, in my strategy there is no partial kind of thing, either you win trade or loss trade, no partials, but I took partials

Conclusion :
I don't know how these prop firms make use of traders' trades history
because its almost impossible to understand traders strategy just by looking at trades history
because traders take trades sometimes without any strategy & very fast execution because they think they understood what the market just did
and if they think that by interviewing people, those people tell them exact strategy, i don't think so, sometimes traders themselves don't know why they did what they did, impulsive
prop firm owners or strategy analysts will shoot themselves in the head if they start understanding each & every trader's strategy & trades history, who will enjoy on miami beaches then
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  • #35,853
  • May 3, 2024 5:58am May 3, 2024 5:58am
Quoting Capablanca
Swift funding was having a lot of payments delay and denials. MFFx just absorbed them. Announcement from Matt https://twitter.com/FundTraders/stat...67301030469695
Wow, it was on the cards I guess. I mentioned a payment owed to me that I was unsure I would recieve. Well it was with swift. I have now been paid so I'm very pleased,it was only a 4 day wait so not actually that bad, I know others have waited much longer.

I have also recieved a payout from TFF, took less than 24rs so good, new account issued, seemed a bit quicker than the old account reissue system they used. Basically 1hr after payment, new account was ready to go.
  • #35,854
  • May 3, 2024 7:48am May 3, 2024 7:48am
Anyone can clear news rule with high stakes the5ers?? If SL or TP hit is it breach?? They say holding ok but not opening any new positions but i don't see anything about closing by SL tp??
  • #35,855
  • May 3, 2024 7:53am May 3, 2024 7:53am
Quoting youngD
Anyone can clear news rule with high stakes the5ers?? If SL or TP hit is it breach?? They say holding ok but not opening any new positions but i don't see anything about closing by SL tp??
Yeah, the 5%ers isn't out to screw you like the rest of these firms. If you are specifically trading the news with say a straddle system or such, it is not allowed. If you have had a trade open for hours or days and it happens to hit sl/tp during news, my understanding is it is OK.
  • #35,856
  • May 3, 2024 7:59am May 3, 2024 7:59am
Quoting pipmaster77
{quote} Yeah, the 5%ers isn't out to screw you like the rest of these firms. If you are specifically trading the news with say a straddle system or such, it is not allowed. If you have had a trade open for hours or days and it happens to hit sl/tp during news, my understanding is it is OK.
We need clear rules on the FAQ pages, like trades that were opened how many hours before the news are ok.
  • #35,857
  • May 3, 2024 8:04am May 3, 2024 8:04am
Hello.

I am in a challenge account with FTMO with nice profits. I will purchase other challenges from FTMO (another), ICFunded and may be %5'ers. A total of 1-1.5 M

I want to receive exactly the same trades and results in all prop firms.

So instead of using different EA for each prop firm I want to use trade copier.

They are all different prop firms. Do you believe it is a good idea to use copier? I want to have same result in each prop firm account.

Lastly, I will use BlueFX copier (I am happy with it and it is free and works fine). Do you have any remarks on that?
  • #35,858
  • May 3, 2024 8:13am May 3, 2024 8:13am
Quoting ladder
{quote} We need clear rules on the FAQ pages, like trades that were opened how many hours before the news are ok.
Yeah, that is the problem, nothing clear....I have just never witnessed a payout denial or trader ban at the 5%ers EVER for any reason. I'm just assuming if this was a huge issue, you know people would be bitching. I swing trade on forex and I'm sure I've had trades close during the news, but, TBH, I don't pay much attention to it......been live with them for 4+ months minus about a month or so when US traders couldn't trade.
  • #35,859
  • May 3, 2024 8:15am May 3, 2024 8:15am
Karma Prop traders launch date 13 of May , they are doing things differently….looking forward to this company…
  • #35,860
  • May 3, 2024 8:16am May 3, 2024 8:16am
Quoting Stoneyrocks
Karma Prop traders launch date 13 of May , looking forward to this company…
Eshan is a dirty scoundrel affiliate. It will not be a successful company.
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