Prop Firm Hub 2.0

Quoting Trader191

Disliked

you think in forex market futures have any advantage with spreads , liquidity

Ignored

Quoting Trader191

Disliked

delay to what , delay to the interbank currency prices , what are the main price Underlying for currencies?

Ignored

Quoting pipmaster77

Disliked

{quote} Futures are traded on a centralized exchange....broker cannot manipulate price/spreads, have random spikes, etc, etc Delays are intentional at forex brokers, the "CFTC regulated" US ones Oanda, forex dot com, FXCM, FXDD, IBFX all of them played the same shit Futures brokers are all commission based, they make money whether you win or lose. Even forex brokers who claim ECN or DMA are truly not, FXCM used to claim it and it turned out they owned one of the LPs Trading with a forex broker is like sports betting where the sportsbook controls...

Ignored

Quoting Victoria.C

Disliked

{quote} Not sure enough to answer. I trade index futures, not currency futures, really. Index futures don't have liquidity issues for retail traders, and futures don't have "spreads", per se. {quote} Interbank prices are decentralized, so you can't really be sure? Forex doesn't have an exchange like futures? You can monitor (for example) Euro futures prices objectively from a CME data-feed, but you can't do quite the same with EUR/USD prices - not the interbank ones and not the CFD ones either, because CFDs are betting, rather than financial "instruments"...

Ignored

Quoting pipmaster77

Disliked

{quote} Futures are traded on a centralized exchange....broker cannot manipulate price/spreads, have random spikes, etc, etc Delays are intentional at forex brokers, the "CFTC regulated" US ones Oanda, forex dot com, FXCM, FXDD, IBFX all of them played the same shit Futures brokers are all commission based, they make money whether you win or lose. Even forex brokers who claim ECN or DMA are truly not, FXCM used to claim it and it turned out they owned one of the LPs Trading with a forex broker is like sports betting where the sportsbook controls...

Ignored

Quoting Noisy

Disliked

{quote} FXCM was my first broker 20 years ago where I started trading Forex. I’ve used them for about 3 years before I blowed up my account (actually my dad‘s money). It was my mistake. Made thousands of trades with them and never felt cheated at all. Then over the last 17 years I had live accounts (and still have with some of them) with IC Markets, FxOpen, Alpari, Tickmill, Pepperstone, IG, LCG, Axi, Saxo, Dukascopy, Global Prime, Afterprime and many more I can’t even remember the names… Like I’ve said before, personally I never encountered any...

Ignored

Quoting pipmaster77

Disliked

{quote} If you are not in the US, you have many options of many better brokers. The US ones (the current remaining 4, other than IB) and the hundreds that fled are all cheaters. Anyone form the US can confirm this, unless they are wearing a blindfold. I know how sports betting works, I was using the analogy of trading with a US forex broker who manipulates the platform is THE SAME as betting with a bookie where they can manipulate the outcome.

Ignored

Quoting Noisy

Disliked

My Darwin was created today. Current risk ratio: x0.49 Based on the stats available now I still can’t see how exactly the risk multiplier got calculated.

Ignored

Quoting Satreveritas

Disliked

{quote} Meh, just stay the course if consistent and you are going to do just fine. Keep going!!!!

Ignored

Quoting Noisy

Disliked

{quote} FXCM was my first broker 20 years ago where I started trading Forex. I’ve used them for about 3 years before I blowed up my account (actually my dad‘s money). It was my mistake. Made thousands of trades with them and never felt cheated at all. Then over the last 17 years I had live accounts (and still have with some of them) with IC Markets, FxOpen, Alpari, Tickmill, Pepperstone, IG, LCG, Axi, Saxo, Dukascopy, Global Prime, Afterprime and many more I can’t even remember the names… Like I’ve said before, personally I never encountered any...

Ignored

Quoting acetrader

Disliked

{quote} Hi Noisy, Saw your post & wanted to weight. I opened an account with FXCM just day after they opened for business & at that time David & Drew the founders of the business were providing customer service as their staff was extremely lean. I think I opened the account with 5K. During my time of about 2 years with FXCM I never had any issues with trades that David or Drew didn't fix & most were in my favor. At FXCM had the best trading (ordering) software I had seen since. The next best would be Oanda, but I've never had a live account with...

Ignored

Quoting Noisy

Disliked

{quote} Hey. Yes, agree. Not sure which brokers are good/safe for US citizens as I’m from Europe. Maybe Interactive Brokers? I also used to have an account with Oanda but the spreads I was getting there were horrible and not really competitive in any way.

Ignored

Quoting Noisy

Disliked

{quote} Thank you. That's nice of you! I'm still tearing my hair out trying to figure out how the values in DARWIN are calculated. DARWIN Return (since inception): 1.52% Max. drawdown: -2.48% DARWIN target risk: 6.50 % Current risk ratio: x0.49 Signal Account Return (since inception): 2.87% Max. drawdown: -5.64% Until now, I thought that in the example of the percentage profit and maximum drawdown, you would multiply the signal account values by the risk multiplier, but in my example, I would get different values than the ones currently shown in...

Ignored

Quoting sampat

Disliked

{quote} You need to understand VAR is not constant, it is just reference. So there might be a case when your var was more and you lost some trades and that explains you have less loss than anticipated. Similarly there might be case when your var is less you made some profits so you have more profit than you anticipated. I believe your current var is 12.5 or 13 thats why var ratio is 0.49.

Ignored

Quoting driven18

Disliked

At times, when you trade your own account and no worries about bucket shops finding any excuse not to pay you, 5 min into the market open(Dow Futures 5 Min TF), the day is over and profits is in my account! Hmm, should I go to the gym, listen to techno or watch a Netflix movie? Too early for a beer. Cheers P.S I am looking into Oanda and FTMO(FTMO is the best bucket shop that I proud to call legit). {image}

Ignored

Quoting Noisy

Disliked

{quote} Thank you. That's nice of you! I'm still tearing my hair out trying to figure out how the values in DARWIN are calculated. DARWIN Return (since inception): 1.52% Max. drawdown: -2.48% DARWIN target risk: 6.50 % Current risk ratio: x0.49 Signal Account Return (since inception): 2.87% Max. drawdown: -5.64% Until now, I thought that in the example of the percentage profit and maximum drawdown, you would multiply the signal account values by the risk multiplier, but in my example, I would get different values than the ones currently shown in...

Ignored