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- Takisd replied Sep 9, 2020
Yes you can be an employee in a business and own a corporation, especially an offshore one. Talk to an accountant locally.
FTMO - For serious traders
- Takisd replied Sep 8, 2020
Even more strict parameters, i considered it as well, i might even do it with my copier and my ftmo accounts but to me they are less generous and harder to stay within the loss parameters to earn worth while money (unless you dont need much to live ...
FTMO - For serious traders
- Takisd replied Sep 8, 2020
Had it rectified for me. One of the staff then said "the limits are built to be extremes so best to stay far away from them". Hes probably right, i adjusted my stop strategy to be more price trailing now so that i dont go near it.
FTMO - For serious traders
- Takisd replied Sep 8, 2020
If you are successful and know you can handle it long term, you should open a sole proprietor company to lower your tax burden and run expenses through it. Your accountant can show you how, alternatively, open a LLC in san marino.
FTMO - For serious traders
- Takisd replied Sep 8, 2020
Oil spread between 4 and 5 ticks during normal market hours when the actual market is at 1 tick. Someone is making a killing per contract on oil at ftmo.
FTMO - For serious traders
- Takisd replied Sep 8, 2020
No they aren't the largest broker in the world..... lol
FTMO - For serious traders
- Takisd replied Sep 8, 2020
I'm not sure if you are being ironic or not. If someone is giving you 0 spread during rollover, you are being booked so hard its laughable. On FTMO the spreads are fixed from before and fine, averaging around .2 on eur/usd, only instrument the ...
FTMO - For serious traders
- Takisd replied Sep 7, 2020
well if thats the case then the team at ftmo are very reasonable and responsive so email their support at ftmo account and they will help you. Normally takes them 24 hours or so to respond.
FTMO - For serious traders
- Takisd replied Sep 7, 2020
Max daily loss is drawdown, it doesn't mean closed trades. Its likely at some point your account was -900 floating.
FTMO - For serious traders
- Takisd replied Sep 6, 2020
starting second challenge tomorrow. Third the week after..
FTMO - For serious traders
- Takisd replied Sep 5, 2020
it wont work. If the correlation lapses and you just add to it, eventually you will blow out. The chance of blow out is significantly higher if you increase volume
Corti - Correlated EA
- Takisd replied Sep 5, 2020
what would you say is the ideal correlation range on myfxbook for xauusd/eurusd? I am thinking about programming a tool that automatically reads it then switches the baskets to match the correlations current level.
Corti - Correlated EA
- Takisd replied Sep 4, 2020
I passed the challenge but was still pretty upset on oil. I had to decide whether to close an order on a dead tick in my favor or wait to see whether the tick matures in my favor. It wasn't nice at all.
FTMO - For serious traders
- Takisd replied Sep 4, 2020
Generally not the type of person who steals work, but if you are permitting me I will go ahead and do that.
Corti - Correlated EA
- Takisd replied Sep 4, 2020
Hey mastercool, I know you are busy on your new versions. I'd like to add or my coder team to add a full hedge multi basket to 1.25 version. So it will operate 4 buys eur/usd 4 sells eur/usd 1 buy xau 1 sell xau and use 0 margin until one basket ...
Corti - Correlated EA
- Takisd replied Sep 4, 2020
The spreads and feed were unstable for a significant period of time. Not a few hours, a few days. If money is on the line, this is shit, especially if you trade on the short term. You can shake your head as much as you want, but its just a fact. It ...
FTMO - For serious traders
- Takisd replied Sep 4, 2020
I definitely liked this idea originally but it would have to be automatically done and operated as two baskets. With 1.25 its impossible to properly do it, haven't checked 2.0 or beyond
Corti - Correlated EA
- Takisd replied Sep 4, 2020
So far from my test of 1.25 there is always an opportunity on thursday to close out for friday no trading. I dont trade on friday personally and i use the same rule on corti and it seems to be doing well that way. I closed manually this AM the open ...
Corti - Correlated EA
- Takisd replied Sep 4, 2020
I was crunching numbers last night on this EA and FTMO based on my results. There is a pretty good chance you will pass. My initial reaction was due to a 10 day calculation not a 20 day. So, good luck and i hope it works out for you.
Corti - Correlated EA
- Takisd replied Sep 3, 2020
I don't think you will pass the FTMO challenge with corti you will either be too low risk and not able to reach the 10% or you will hit the drawdown limit.
Corti - Correlated EA