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  • #10,161
  • Aug 13, 2022 1:52pm Aug 13, 2022 1:52pm
Quoting wmwmw
{quote} You don't need to verify because I am not going to ask you for anything and you are not going to get anything form my strategy. I was going to post real times calls in this thread,I can post for one or two years to show that my strategy can catch start and end of every short term trend. That could be served as a verification, but I now see negative value for me to do this. So let just talk this to kill time.
No I don't. And I'm not challenging you neither do I expect anything from you here. It's just out of my curiosity and interest in the topic. That's all.
At the first sight your calls seems correlated with the daily ichimoku, more specifically the daily price candle crossing the kijun-sen. MA50 on H4 was also supporting the trend change on those two occasions (june and july). But it's easy to find correlations looking backwards...
Money is made by sitting, not trading
  • #10,162
  • Aug 13, 2022 1:54pm Aug 13, 2022 1:54pm
From what I know I can say for sure that such (long-term) swing trading on the SP500 market (outright) cannot produce any high sharpe ratios over longer time period. Period. Such a strategy is by far not fine enough that such large edges would be achievable. Anyway someone is saying he has the 'holy grail' run away as fast as you can...Because the opposite is most true. How often I heard that term 'holy grail' in relation with automated trading strategies. Never found those to be true in any case. In case it is robust may be a Sharpe of 2 is possible, so nowhere one could make +50% per month. Here you need a Sharpe of 4 at least, this is by definition the case. So the chance someone tells us this it is most likely the case that this cannot be true over a longer time period. It depends on the market of course. But 9 months would be long. I assume it cannot hold even that time span. We had lucky stock index markets in the last 4 weeks. BUT for props you only need to have good RunUps.
  • #10,163
  • Aug 13, 2022 2:10pm Aug 13, 2022 2:10pm
Quoting Takisd
{quote} Its not hard to make money with prop firms mate. Just have to have the right understanding of the opportunity and the will to risk it. I wish my manchester united team would strategically think as well but that might be asking too much
On props: I agree! I was active for just one week last month, and made a pretty bob...but 260?

On United: Its early days, the talent there is enough to stave off real worries at this point..
  • #10,164
  • Aug 13, 2022 2:36pm Aug 13, 2022 2:36pm
Quoting Vitore
{quote} No I don't. And I'm not challenging you neither do I expect anything from you here. It's just out of my curiosity and interest in the topic. That's all. At the first sight your calls seems correlated with the daily ichimoku, more specifically the daily price candle crossing the kijun-sen. MA50 on H4 was also supporting the trend change on those two occasions (june and july). But it's easy to find correlations looking backwards...
In the original thread someone was also interested with my call and he posted his analysis using his TA tools, just like what you posted.
And I said your strategy is garbage, as I really thought so and not to irritate him.Then he was so mad but a few days later he came back to talk to me like nothing happened.
Your analysis is focused on what caused my call to become the real successful prediction. But my strategy is not only good at that. I know where to stop loss, where to stop winning. That is where my strategy stand out. I can tell you my strategy June short was covered on June 21. Check SPX daily chart, you will understand why my strategey is good.
  • #10,165
  • Aug 13, 2022 2:59pm Aug 13, 2022 2:59pm
Quoting wmwmw
{quote} In the original thread someone was also interested with my call and he posted his analysis using his TA tools, just like what you posted. And I said your strategy is garbage, as I really thought so and not to irritate him.Then he was so mad but a few days later he came back to talk to me like nothing happened. Your analysis is focused on what caused my call to become the real successful prediction. But my strategy is not only good at that. I know where to stop loss, where to stop winning. That is where my strategy stand out. I can tell you...
What I wrote I wouldn't even call an analysis, i just quickly looked at the chart. And of course, a good strategy covers much more than just entry, which I spotted being possibly related to ichimoku, but also exits (seems somehow related to daily heikin-ashi btw., maybe smoothed otherwise it would kick you out of the current long already), risk & money management, and most of all - the psychology to be able to stick to whatever your strategy tells you to do. If you can detect all swings with such an accuracy and really profit from it then good for you - enjoy your profits!
Btw. - any relation to the NNFX method here? Or am I off completely...?
Money is made by sitting, not trading
  • #10,166
  • Edited 3:32pm Aug 13, 2022 3:12pm | Edited 3:32pm
Quoting wmwmw
{quote} I don't want my strategy to be learned by other people. I would rather nobody knows how it works except myself. But I don't mind posting real time calls that people who trust my strategy can benefit from following my signals, and in the end I may sell my strategy to make some extra money as it does not cost much of my time. I am still long on SPX500. The index is still on an up trend.
What a contradiction itself. So he wants to sell his 'holy grail' to make some extra money. Do not buy it, just run away... No one is selling his best trading strategy...
Only a scammer would sell his strategy if it does not work anymore. If it is really good strategy every seller would be very foolish to sell his strategy anyway. It does not make any sense at all. Why not trade only for yourself and just keep compounding. Yet, he did not make a formal offer to everyone here, but he intended to sell his.....
Just a warning to everyone, especially can someone contact Masterrmind here, wmwmw must be opted being commercial now I would say, if not already a scammer... His comments or posts only make sense that he is intended to make some extra quick bucks by selling his 'holy grail' to the community, when he convinced some of them with his live 'calls'. It may be only a matter of a very short time span that these signals from him are also very shortlived. All in all looks way overoptimized...
wmwmw already started to do marketing here and sell dreams of at least +50% ROI monthly on his 'holy grail' trading strat. This is a clear misuse of this thread...
  • #10,167
  • Aug 13, 2022 3:52pm Aug 13, 2022 3:52pm
Hi guys, I'm planning on getting a funded account with a prop firm in the near future and I had my forex funds on my mind, but I've read A LOT of opinions that the spread on mff is just awful, a lot more than pretty much all other prop firms. Because of that I was thinking about True forex funds which ia pretty much a copy of mff BUT apparently the spreads are really good. Has anyone used here TFF and could maybe say if it's really better then for example ftmo in that regard? I'm a scalper and looking at the 10k challange which is considerably cheaper on tff than on ftmo and they git better rules, that's why I'm asking, because spread can be a real game changer. Thanks for any feedback
  • #10,168
  • Aug 13, 2022 5:03pm Aug 13, 2022 5:03pm
Man this board ...

Join my onlyfans
  • #10,169
  • Aug 13, 2022 5:38pm Aug 13, 2022 5:38pm
Temporarily suspended.

Maybe the measuring sticks can be put away for now. Hopefully.
  • #10,170
  • Aug 13, 2022 6:03pm Aug 13, 2022 6:03pm
Quoting Tobiazzek
Hi guys, I'm planning on getting a funded account with a prop firm in the near future and I had my forex funds on my mind, but I've read A LOT of opinions that the spread on mff is just awful, a lot more than pretty much all other prop firms. Because of that I was thinking about True forex funds which ia pretty much a copy of mff BUT apparently the spreads are really good. Has anyone used here TFF and could maybe say if it's really better then for example ftmo in that regard? I'm a scalper and looking at the 10k challange which is considerably cheaper...

Spreads on MFF is awful? Whoever told you that is lying to you.

EUR/USD spread on MFF is 0-0.1 most sessions. Is that awful?

If you don't want MFF, use FTMO.
  • #10,171
  • Aug 14, 2022 5:18am Aug 14, 2022 5:18am
Quoting Takisd
{quote} Spreads on MFF is awful? Whoever told you that is lying to you. EUR/USD spread on MFF is 0-0.1 most sessions. Is that awful? If you don't want MFF, use FTMO.
My experience is that I'm always getting 0.2 to 0.3 slippage in MFF when trading 5 lots or more in EURUSD. If I do the same with 4.5 I get no slippage.
Somehow they should have there the threshold (unless this os defined per account using some internal metric)
I'm talking about clicking a market order, not a pending order.

Where I really get slippage of 0.3/0.4, even with just 1 lot, if in E8. Those guys are really bad on that.
  • #10,172
  • Aug 14, 2022 5:20am Aug 14, 2022 5:20am
Quoting Capablanca
{quote} My experience is that I'm always getting 0.2 to 0.3 slippage in MFF when trading 5 lots or more in EURUSD. If I do the same with 4.5 I get no slippage. Somehow they should have there the threshold (unless this os defined per account using some internal metric) I'm talking about clicking a market order, not a pending order. Where I really get slippage of 0.3/0.4, even with just 1 lot, if in E8. Those guys are really bad on that.
Truthfully even if the spread is 0.5 its still tight. If people can't profit with a 0.5 spread its their strategies problem.
  • #10,173
  • Aug 14, 2022 5:20am Aug 14, 2022 5:20am
Quoting Takisd
{quote} {image} If you need a thread to sell your trading , you're a scammer
Uau, this is brutal !
Which account size was this obtained and in how many days ? I'm asking this because my first thought is how are you able to manage the daily max with such an amount of profits.
  • #10,174
  • Aug 14, 2022 5:23am Aug 14, 2022 5:23am
Quoting Capablanca
{quote} Uau, this is brutal ! Which account size was this obtained and in how many days ? I'm asking this because my first thought is how are you able to manage the daily max with such an amount of profits.

3x scaled 200k's at 260k .. bi-weekly. In % its not very much.
  • #10,175
  • Aug 14, 2022 5:57am Aug 14, 2022 5:57am
Quoting Takisd
{quote} Truthfully even if the spread is 0.5 its still tight. If people can't profit with a 0.5 spread its their strategies problem.
Yep, although for scalping can be challenging (no idea, I never did it)
  • #10,176
  • Aug 14, 2022 6:01am Aug 14, 2022 6:01am
Quoting Takisd
{quote} 3x scaled 200k's at 260k .. bi-weekly. In % its not very much.
3 x 260K = 780K. With 5% max daily you only have 39K buffer but you managed to get 260K profit.
Even if that's from a sole trade, which I believe it's not, those number are quite challenging.
It's incredible good work Takisd.
  • #10,177
  • Aug 14, 2022 6:25am Aug 14, 2022 6:25am
Quoting Capablanca
{quote} 3 x 260K = 780K. With 5% max daily you only have 39K buffer but you managed to get 260K profit. Even if that's from a sole trade, which I believe it's not, those number are quite challenging. It's incredible good work Takisd.

Max daily is easy to avoid, i don't go near it. At one point I was near overall though. I truly don't want to paint the image that I am a great trader because I am not. I think my only advantage is the money to spend and the ability to take the big risks without fear of failure. If I lose my funded accounts its fine, my actual accounts i have that make a realistic return (lower 2 figure % per year) are there for me to fall back on. Propfirm is just funny money in the sense that if its lost its ok.

The better traders at prop firms are probably getting 5-10k on their 200k accounts and chilling. Not trading when their mood says "im bored lets make some trades" and getting lucky. Literally this month I only traded because I was bored and its too hot to go outside so I was just buying dips max lots.
  • #10,178
  • Aug 14, 2022 9:33am Aug 14, 2022 9:33am
Quoting Takisd
{quote} then stop using this thread to advertise your handle and thread for capital and put your money towards your magic daily strategy. And stop thinking a demo account means shit. Go get a prop firm account if it means that much to you. Everything you say is a contradiction. You say you have an amazing trading ability, you say you have hundreds of thousands in your account, but you are hear trying to solicit people for fund management, the stereotypical forex scam.
thank you
You said it.(DEMO ACCOUNT)
this guy is so sick he moves into every room and writes nothing but crap.
  • #10,179
  • Aug 14, 2022 10:01am Aug 14, 2022 10:01am
These guys are very aggressive (which is not necessarily good):
Attached Image (click to enlarge)
Click to Enlarge Name: TFT.png Size: 24 KB
  • #10,180
  • Aug 14, 2022 11:05am Aug 14, 2022 11:05am
Quoting Capablanca
These guys are very aggressive (which is not necessarily good): {image}
MFF almost the same.

They refund 112 % fee paid + 4 % of phase 1 target + 2 % of Phase 2 target as bonus.

Payout wise MFF pays upto 85 %.
Intraday only.
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