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  • #25,981
  • Nov 10, 2023 6:48pm Nov 10, 2023 6:48pm
Not trying to enter into arithmetic battles here and I really do not endorse anything in these spaces for the obvious reasons(shady crap everywhere) but I think the Apex offering is pretty good for me. I like no Daily Drawdown, no pricefeed manipulation and that I only pay big fees after passing the eval. That by itself for me way overshadows the Eval Fee refunds from the few Fx Props left that pay. That being said Trailing DD is very tough and not taking that seriously enough while being aggressive today on a new timeframe with the wrong instruments, learning a new market and way of trading led me to one blown account today. !!!TRAILING DD Is no Joke!! Also the vast differences in tick value between the instruments should be weighed heavily in your approach.
Some comparison:
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  • #25,982
  • Nov 10, 2023 7:24pm Nov 10, 2023 7:24pm
Quoting Artcool
{quote} Not bad actually. It's my second day trading futures. {image} I didn't even find out how to set a break-even with Tradovate. I read the doc and they talk about ATM tool but I am not sure if it's suitable for a manual breakeven, not an automatic one. Does anyone use it?
You can set a breakeven on the DOM. If you’re buying, place a sell with same contract size on the DOM at price you entered.
Trade with confidence, trade without fear.
  • #25,983
  • Nov 10, 2023 7:28pm Nov 10, 2023 7:28pm
Quoting Artcool
{quote} Not bad actually. It's my second day trading futures. {image} I didn't even find out how to set a break-even with Tradovate. I read the doc and they talk about ATM tool but I am not sure if it's suitable for a manual breakeven, not an automatic one. Does anyone use it?
NICE Trading!
I am using the ATM tool on Ninjatrader8 with manual trades successfully I think it works the same in Tradovate just the Ninja version can give 3 levels of Trailing Stops.
Pretty nice feature actually. I learned how to program mql4 to achieve some of these same features in my my own MT4 Tradepanel EA.
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  • #25,984
  • Nov 10, 2023 7:51pm Nov 10, 2023 7:51pm
Quoting Cryptosurf
{quote} You can set a breakeven on the DOM. If you’re buying, place a sell with same contract size on the DOM at price you entered.
Thanks but I have no idea about what you are saying. When I pull that DOM on the workspace, first it asks me to select the symbol. So first surprise I need to do the same for each symbol I want to trade which I understand since the cntrac sizes are different. But is it just possible to configure a button that will set a stop loss to breakeven on a specific trade ?
Since we can't even modify a trade, I have no idea how you can scalp with that tool.
Maybe it will be easier to install Ninjatrader. They sent me a license key
Don't give up on your dreams. Keep sleeping.
  • #25,985
  • Nov 10, 2023 7:53pm Nov 10, 2023 7:53pm
Quoting josh1111
{quote} NICE Trading! I am using the ATM tool on Ninjatrader8 with manual trades successfully I think it works the same in Tradovate just the Ninja version can give 3 levels of Trailing Stops. Pretty nice feature actually. I learned how to program mql4 to achieve some of these same features in my my own MT4 Tradepanel EA. {image}
Maybe it's easier with Ninjatrader with I have never used. I was just using the web version of Tradovate.
Don't give up on your dreams. Keep sleeping.
  • #25,986
  • Nov 10, 2023 8:34pm Nov 10, 2023 8:34pm
Quoting Artcool
{quote} Thanks but I have no idea about what you are saying. When I pull that DOM on the workspace, first it asks me to select the symbol. So first surprise I need to do the same for each symbol I want to trade which I understand since the cntrac sizes are different. But is it just possible to configure a button that will set a stop loss to breakeven on a specific trade ? Since we can't even modify a trade, I have no idea how you can scalp with that tool. Maybe it will be easier to install Ninjatrader. They sent me a license key
Look on YouTube, there’s plenty tutorials on setting stops on the DOM. Here’s one from Tradovate.

Inserted Video
Trade with confidence, trade without fear.
  • #25,987
  • Nov 10, 2023 9:21pm Nov 10, 2023 9:21pm
Quoting forexbali
{quote} Hello Josh. So let's say that for who trade with just 1 prop firm, like me, and it is fine with group copy of Tradovate, this is not an issue to use some external copier. But for what you know, if you trade for example on 2-3 props with tradovate or mixed tradovate-rithmic, you think that replikanto is the best tool and to trade on several props unique solution and set up will be Ninja trader dom, correct and from there to trade the master account that will copy the trades on several props accounts. Do you remember if there is some issue...
No issue from what I have read if you use Replikanto for multiple brands of Prop/Futures accounts but the trades need to be executed from Ninjatrader.
For me the tradovate group copy sucks because it won't group copy the SL's and TP's with the order. Kind of a bummer since it is a 50% the cost of my 20 account experiment to buy Replikanto.
Guess that is what I get for not doing more due diligence about Futures trading initially. errrh.
  • #25,988
  • Nov 10, 2023 9:32pm Nov 10, 2023 9:32pm
Quoting Artcool
{quote} Maybe it's easier with Ninjatrader with I have never used. I was just using the web version of Tradovate.
MT4 is very intuitive for me. These Futures Platforms are not. This took me quite some time to figure out so maybe this can help you or others with Ninjatrader8.
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  • #25,989
  • Nov 10, 2023 9:54pm Nov 10, 2023 9:54pm
All the other differences aside, are the spreads for NAS100 comparable during NY session for FTMO and 5ers high stakes?
A snails pace wins the race :-)
  • #25,990
  • Nov 10, 2023 11:02pm Nov 10, 2023 11:02pm
Quoting TrAndy1
I hope that every reader in this forum can value my posts. I really do not need to do this. I could my math on my own, not telling others my insights. And I am not a teacher nor do I feel to explain this to everybody in detail. Please make the calculation on your own if you have some doubts. I do not like it to say everything 100 times. If others already got it, please defend it. I am not willing to post 100 defending posts on this matter. Future props offers are not good. That is all you need to know. => FTMO is way better. Only consider FX props...
I agree but tradingpit is the one futures firm I would go with, you can still swing trade it till Friday, and they offer checks of 40k at the highest level . Every other one is only good for scalpers. if I do, I'll use Bookmap
  • #25,991
  • Nov 10, 2023 11:38pm Nov 10, 2023 11:38pm
Quoting josh1111
{quote} NICE Trading! I am using the ATM tool on Ninjatrader8 with manual trades successfully I think it works the same in Tradovate just the Ninja version can give 3 levels of Trailing Stops. Pretty nice feature actually. I learned how to program mql4 to achieve some of these same features in my my own MT4 Tradepanel EA. {image}
Wait are this trading panel on Ninja trade platform?
  • #25,992
  • Nov 10, 2023 11:41pm Nov 10, 2023 11:41pm
Quoting Trader191
{quote} thats by structure! futures are not so easy to manipulate, because structured product price of a market place. In FX its all with CFD and OTC (or this trading game style). so price can be more manipulated for the props, what they cant in futures so easy... so they can offer something better in FX and get money back by manipulate price more easy. FX with CFD and a good broker has this problem not, but prop dont use good broker of course to have this problem for the client (they dont want them win). there are so many people who do not understand...
This is the one thing Ive noticed as I "evolved" throughout the years as semi-newbie. It doesnt matter the instrument. One must adapt. Whatever is profitable. Most effective. That you trade.
  • #25,993
  • Edited Nov 11, 2023 12:45am Nov 10, 2023 11:51pm | Edited Nov 11, 2023 12:45am
Quoting TrAndy1
{quote} No your math is wrong. Jesus, sometimes I feel like in the kindergarden here. You need to do more calculating stuff really. Sorry for these words...but this is too stupid.
Show the woman some respect you piece of excrement
Pride always comes before destruction.... -Proverbs 16:18
  • #25,994
  • Nov 11, 2023 3:19am Nov 11, 2023 3:19am
Quoting Expo33
{quote} Show the woman some respect you piece of excrement
HAAAAAAAAA
  • #25,995
  • Nov 11, 2023 5:10am Nov 11, 2023 5:10am
Quoting forexbali
Anyone noticed how strong were the stops taken as Sp500 future price went above 4399? Over +320 pts in a couple of weeks since october lows. Hard day for me! I didn't expect a so strong breakout. Hope you did profit! Or if it was so hard even for you, just drop a line.
Hey bali, you doing well with futures.
Keep it up...
  • #25,996
  • Nov 11, 2023 6:18am Nov 11, 2023 6:18am
Quoting labu
{quote} This is the one thing Ive noticed as I "evolved" throughout the years as semi-newbie. It doesnt matter the instrument. One must adapt. Whatever is profitable. Most effective. That you trade.
true. but how many traders you know (forum is full of this) , who use mathematical total useless methods and so waste 100% sure money, like trading wrong trading object for their idea, hedging in same trading object (without daytrading), use martingale, scale in/scale out (total waste of money with increased risk if you know your strategie and trades),..... .
and some of this traders really think they are good same time (that is most crazy part), always when i calculated them the right way to do exactly same they could not believe how stupid they did many years. math is so easy and free there in internet to read about, but so many dont know about and do stupid things. and we dont speak only about loser traders, winner who win less for total sure with this kind of mistakes are same category, but at least they lose wins and not add more losses.
  • #25,997
  • Nov 11, 2023 8:12am Nov 11, 2023 8:12am
Quoting Nehemah
{quote} It would be more elegant if you used e or exp than 2.72 (Euler's constant) More generally, in your example (to do real math), 10% is expressed as 0.1 or even 1/10. By generalization, we obtain something of the form 1/n . By definition, e = (1 + 1/n)^n with n tending to infinity, which gives 2.718..... To find the number of occurrences to double your capital as a function of n, you must solve the equation: (1 + 1/n)^x = 2 We obtain x = ln(2)/ln(1+1/n) In your example n = 10, so x = ln(2)/ln(1.1) = 7.27
Of course I could do show it this way, but most people do not understand this here. I taught this Euler equation in the University before I got my doctor degree.

I do not appreciate the hate here and lots of offenses I got in the recent posts. I just told the truth and some facts around Future prop offerings. That is all.

I think it is better to stay silent and make my own thoughts. I do not need to do this. If most people cannot evaluate the prop firm offerings it is THEIR PROBLEM.

If my help is not wished here I have no problem to stay away from this thread. I hoped my help is appreciated. But telling some bad news are not welcomed here.
So the sage continues that some prop firms just want the other peoples money. If you get caught on this scam, you should be grateful to get help in some form here.
A lot of people are wasting their money and are not doing optimal decisison. This thread was supposed to be that anyone can be fully informed and evaluate offerings.
  • #25,998
  • Edited 8:50am Nov 11, 2023 8:14am | Edited 8:50am
Quoting josh1111
{quote} No issue from what I have read if you use Replikanto for multiple brands of Prop/Futures accounts but the trades need to be executed from Ninjatrader. For me the tradovate group copy sucks because it won't group copy the SL's and TP's with the order. Kind of a bummer since it is a 50% the cost of my 20 account experiment to buy Replikanto. Guess that is what I get for not doing more due diligence about Futures trading initially. errrh.
yes, but we wrote here many times that with tradovate group copy you can't use the "ATM", so you have just to place it manually.

For me that is not a big issue, because I trade tight, but when target are far away I understand that is an issue, you have to scroll the dom far to place your stops and profits and this is not practical. Or somebody need trailing stop, profits etc. Ok.

Quoting Lrg
{quote} Hey bali, you doing well with futures. Keep it up...
"I was". Don' know if you understood I had an issue friday on the breakout I lost. Or you are happy I'm doing bad after I did well. But it is ok. I don't take it as a bad comment.
in holiday till end of November
  • #25,999
  • Nov 11, 2023 9:20am Nov 11, 2023 9:20am
Quoting TrAndy1
{quote} Of course I could do show it this way, but most people do not understand this here. I taught this Euler equation in the University before I got my doctor degree. I do not appreciate the hate here and lots of offenses I got in the recent posts. I just told the truth and some facts around Future prop offerings. That is all. I think it is better to stay silent and make my own thoughts. I do not need to do this. If most people cannot evaluate the prop firm offerings it is THEIR PROBLEM. If my help is not wished here I have no problem to stay...
Credibility is earned not taken for granted. Your ongoing erratic behavior spamming and shilling scammy FX Props ie: Bespoke, sunk your credibility. You have no idea how to judge a prop firm outside some ridiculous ranking system created by you.

Then you started acting like a deer in the headlights with futures props made you look even worse. Having a temper tantrum because no one wants to listen to you any longer nailed your coffin.
Trade with confidence, trade without fear.
  • #26,000
  • Nov 11, 2023 9:28am Nov 11, 2023 9:28am
hi guys,

I never traded in the futures market in the past.

Can someone advise me if there is any prop firm offering demo ?
Intraday only.
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