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  • #12,981
  • Dec 13, 2022 9:04am Dec 13, 2022 9:04am
Quoting rjay
DCA usually means taking a long-term position based on a longterm outlook, therefore ignoring direction of intraday price.
-Sure. You are buying in within an average range, based on the direction that you see the price going. Same can be done on the lower time-frames for short-term moves.
  • #12,982
  • Dec 13, 2022 9:10am Dec 13, 2022 9:10am
Quoting Nsak3y
{quote}-As I understand it, they are based in Hong Kong, Australia and U.S.. To be fair, your information can get stolen with any firm. I've had information get stolen through a number of US-based companies. It can happen with any company. Just have to make sure that you are working with a bank/credit card company that offers good fraud-protection and insurance etc..
Yeah, I've had issues with identity theft before so I'm a bit paranoid, rule of thumb for me is G7, possible some Euro, maybe Australia with no other links in that area. However most outsource their back office anyway so it's all a bit of a shambles to be honest, also if ID theft was an MO it would be easy to front an office. Makes you wonder though how many just glibly upload their Photo ID, date of birth, bank details...
  • #12,983
  • Dec 13, 2022 10:57am Dec 13, 2022 10:57am
Quoting RiskFighter
{quote} Which could point at all prop firms being engaged by one mother company.

No its from a metatrader update.
  • #12,984
  • Dec 13, 2022 11:02am Dec 13, 2022 11:02am
Quoting navk
{quote} I had huge slippage in TFTP ..both funded account as well as challenge account. I reported to them about this. Let us see
I saw 40 pips spread on (GBP/USD) TFT during CPI it is horrible. How can liquidity so dry up to cause this my theory people will trade more on CPI due to volatile markets and hell lot of pending orders on both direction. It is just brokers way to trigger stops and discourage trading as they are probably B-Booking.
  • #12,985
  • Dec 13, 2022 11:09am Dec 13, 2022 11:09am
Quoting Takisd
{quote} No its from a metatrader update.
I trade on iPad Pro with MT4. Due to iOS no longer available in the App Store, I cannot do any app updates for MT4.

So not sure how an app update would cause my platform to freeze when updating is not possible?
  • #12,986
  • Dec 13, 2022 11:39am Dec 13, 2022 11:39am
Quoting sampat
{quote} I saw 40 pips spread on (GBP/USD) TFT during CPI it is horrible. How can liquidity so dry up to cause this my theory people will trade more on CPI due to volatile markets and hell lot of pending orders on both direction. It is just brokers way to trigger stops and discourage trading as they are probably B-Booking.
yes, in my funded account, 28 to 30 pips.

Challenge account 40 pips slippage

TFT guy says latency could be the issue for huge slippage
Intraday only.
  • #12,987
  • Dec 13, 2022 12:15pm Dec 13, 2022 12:15pm
Quoting navk
{quote} yes, in my funded account, 28 to 30 pips. Challenge account 40 pips slippage TFT guy says latency could be the issue for huge slippage
I was trading MFF and the platform completely froze
  • #12,988
  • Dec 13, 2022 12:22pm Dec 13, 2022 12:22pm
Quoting Bizziebee
{quote} I was trading MFF and the platform completely froze
Luckily my funded account escaped.



Have stopped trading since then.
Intraday only.
  • #12,989
  • Dec 13, 2022 1:12pm Dec 13, 2022 1:12pm
Quoting Bizziebee
{quote} It wasn't
Now this IS worth waiting for:

75% profit split, 200:1, 12% DD and scaling.
Attached Image (click to enlarge)
Click to Enlarge Name: SR.jpg Size: 39 KB
  • #12,990
  • Dec 13, 2022 1:47pm Dec 13, 2022 1:47pm
I decided to go with SurgeTrader for my second prop firm.

they relaxed their risk parameters for a limited time, so glad I get to take advantage of that.
  • #12,991
  • Dec 13, 2022 2:00pm Dec 13, 2022 2:00pm
Quoting Bizziebee
{quote} Now this IS worth waiting for: 75% profit split, 200:1, 12% DD and scaling. {image}
what firm is this?
  • #12,992
  • Dec 13, 2022 2:07pm Dec 13, 2022 2:07pm
If I had to guess, looks like stocknetinstitute.

EDIT:
You won't like it.
  • #12,993
  • Dec 13, 2022 2:33pm Dec 13, 2022 2:33pm
Quoting Nsak3y
If I had to guess, looks like stocknetinstitute. EDIT: You won't like it.
They use blueberry markets broker is pretty good in spreads, I dont know about its reputation.
  • #12,994
  • Dec 13, 2022 2:41pm Dec 13, 2022 2:41pm
Quoting Nsak3y
If I had to guess, looks like stocknetinstitute. EDIT: You won't like it.
I will take your word for it. I think we are both of the same opinion on the best firms to use.
  • #12,995
  • Dec 13, 2022 2:45pm Dec 13, 2022 2:45pm
Quoting pipmaster77
{quote} I will take your word for it. I think we are both of the same opinion on the best firms to use.
Its a direct funding model. So its not good as usual.
  • #12,996
  • Dec 13, 2022 2:46pm Dec 13, 2022 2:46pm
Quoting sampat
{quote} They use blueberry markets broker is pretty good in spreads, I dont know about its reputation.
Owned by Eightcap.
  • #12,997
  • Dec 13, 2022 3:27pm Dec 13, 2022 3:27pm
Can anyone tell me where it would be the cheapest to scalp GOLD (spreads + commissions), either MFF or FTMO?
  • #12,998
  • Dec 13, 2022 4:26pm Dec 13, 2022 4:26pm
Quoting Olarion1975
Can anyone tell me where it would be the cheapest to scalp GOLD (spreads + commissions), either MFF or FTMO?
i can’t speak to scalping gold, but have you considered CFDs?

Like GER30 or US30?

With MFF there are no fees/commissions to trade CFDs. So no fees eating up your profit…
  • #12,999
  • Dec 13, 2022 5:59pm Dec 13, 2022 5:59pm
Quoting mixedbags
{quote} {image} Basically, you are not allowed to withdraw all your earning
Total nonsense,
Build a bankroll and don't complain all the time.
  • #13,000
  • Dec 13, 2022 6:15pm Dec 13, 2022 6:15pm
Quoting pipmaster77
{quote} what firm is this?
Stocknet Institute. It is no big deal if you look at the numbers. The fee is 50% than the current offer with 50% extra Drawdown. To scale requires 50% higher earnings so at the end of the day you could purchase 2 accounts to get a similar deal and scale faster. In all fairness the leverage is 200:1 against 100:1. Don't see that it is a massive leap to be honest. Maybe I am missing something?

cheers
maahome
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