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  • #13,261
  • Dec 30, 2022 5:40pm Dec 30, 2022 5:40pm
Quoting Tim_isoara
I must to learn from FxValue.
-Indeed. Probably can offer you much valuable teaching for a reasonable price, or perhaps make a very specific recommendation to you about where you can place your trades.
  • #13,262
  • Dec 30, 2022 5:49pm Dec 30, 2022 5:49pm
Quoting Nsak3y
{quote}-Indeed. Probably can offer you much valuable teaching for a reasonable price, or perhaps make a very specific recommendation to you about where you can place your trades.
Hi is a fighter for traders' rights. I will pay 5 time less spread+commission. Go FxValue go.
  • #13,263
  • Dec 30, 2022 5:53pm Dec 30, 2022 5:53pm
Quoting Nsak3y
{quote}-Sorry to say, but there are reasons to look at such terms very carefully in lieu of applying or own definitions and understanding to them, no matter how reasonable we believe our own understanding to be. In fact, when TFF started out, they had a similar rule and stood by it, claiming that trades could not be copied over in time, all while traders were complaining about terminated accounts for manually scalping and other, legitimate forms of trading. Other firms have also clarified such matters, stating also that ample time is needed for...
DON'T talk to me like that. Offence is taken.

I am sure that you are right, that the prop company need time to let their machinery handle the trades. That is only fair. And I have experienced that too. But that is NOT what "High Frequency Trading" is about. Look up the word frequency. You will learn, that it is the time between actions repeat. It was defined by a physician named Hertz. It has nothing to do with the time length of the action. So this text has nothing to do with what you are describing.

The term "High Frequency Trading" is very well defined and anybody who read those words should either know what they mean or look it up. AND not make assumtions that they mean something else!
MetaTrader 4 - so many advantages.
  • #13,264
  • Dec 30, 2022 5:59pm Dec 30, 2022 5:59pm
Quoting RiskFighter
DON'T talk to me like that. Offence is taken.
-I assume that this is a joke.

Quoting RiskFighter
But that is NOT what "High Frequency Trading" is about. Look up the word frequency. You will learn, that it is the time between actions repeat. ... The term "High Frequency Trading" is very well defined and anybody who read those words should either know what they mean or look it up. AND not make assumtions that they mean something else!
-Nothing that you or I say about this even matters. The only thing that matters is how the firm interprets this rule. That is my point.
  • #13,265
  • Dec 30, 2022 6:05pm Dec 30, 2022 6:05pm
Quoting Nsak3y
{quote}-I assume that this is a joke. {quote}-Nothing that you or I say about this even matters. The only thing that matters is how the firm interprets this rule. That is my point.
This is the offence:
probably it would be better to not speak so matter-of-factly about something that you could be incorrect about, especially on a public forum where some newbie trader might read your comment and erroneously assume that you know what you are talking about. No offense.

I am not incorrect. I have read books about the subject and I do know what I am talking about.

It does matter that the prop firm state some rules and we should understand them - and not misinterpret so that newbies are misinformed.

End of discussion from my side.
MetaTrader 4 - so many advantages.
  • #13,266
  • Dec 30, 2022 6:13pm Dec 30, 2022 6:13pm
"High-frequency trading, also known as HFT, is a method of trading that uses powerful computer programs to transact a large number of orders in fractions of a second. It uses complex algorithms to analyze multiple markets and execute orders based on market conditions. Typically, the traders with the fastest execution speeds are more profitable than traders with slower execution speeds."
  • #13,267
  • Dec 30, 2022 6:15pm Dec 30, 2022 6:15pm
Quoting RiskFighter
I am not incorrect. I have read books about the subject and I do know what I am talking about.
-You misunderstand me. I thought that I made this point clear. I am not saying that you are incorrect in your definitions or understanding of it, I am strictly referring to the rule and how it may be interpreted by the firm. At the end of the day, this is what matters. The verbiage can objectively be interpreted in multiple ways. It literally does not matter what you or I think about this.
  • #13,268
  • Edited 7:01pm Dec 30, 2022 6:45pm | Edited 7:01pm
Quoting Nsak3y
{quote}-You misunderstand me. I thought that I made this point clear. I am not saying that you are incorrect in your definitions or understanding of it, I am strictly referring to the rule and how it may be interpreted by the firm. At the end of the day, this is what matters. The verbiage can objectively be interpreted in multiple ways. It literally does not matter what you or I think about this.
You just cannot admit that you are talking about something that you don't know anything about. Do I really have to look it up at the Traders Eco site?? OK then.

They have 3 prohibited strategies:

  1. Martingale.
  2. Automated News based trading.
  3. High Frequency Trading.

Those are strategies that propfirms take as risky for their business. And HFT is in the category with Martingale. It has nothing to do if you once in a while get at little hurry out of a trade.

Traders Eco Fund - Decentralizing Retail Funding | Traders Eco

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MetaTrader 4 - so many advantages.
  • #13,269
  • Dec 30, 2022 7:06pm Dec 30, 2022 7:06pm
Quoting Tim_isoara
"High-frequency trading, also known as HFT, is a method of trading that uses powerful computer programs to transact a large number of orders in fractions of a second. It uses complex algorithms to analyze multiple markets and execute orders based on market conditions. Typically, the traders with the fastest execution speeds are more profitable than traders with slower execution speeds."
Thank you!
MetaTrader 4 - so many advantages.
  • #13,270
  • Dec 30, 2022 7:15pm Dec 30, 2022 7:15pm
Quoting RiskFighter
You just cannot admit that you are talking about something that you don't know anything about.
-Sigh.

It is traders like you that end up losing accounts and complaining and leaving bad reviews because you were either too stupid or too lazy to do your homework. You can take offense to that if you want.
  • #13,271
  • Dec 30, 2022 7:21pm Dec 30, 2022 7:21pm
Quoting Nsak3y
{quote}-Sigh. It is traders like you that end up losing accounts and complaining and leaving bad reviews because you were either too stupid or too lazy to do your homework. You can take offense to that if you want.
My god - you are so stupid. You don't know what you are talking about and you just continue to blame yourself.

I cannot continue to listen to your stupidity and as you will not stop it, then I have to block you. This means, that whatever you might write to me from now on I cannot read.
MetaTrader 4 - so many advantages.
  • #13,272
  • Dec 30, 2022 7:39pm Dec 30, 2022 7:39pm
Quoting Takisd
{quote} Don't need to fight when you make stupid comments like "with a regulated future s broker commissions would be 1/5th this amount." The parameters are more than just commissions mate, leverage, liquidity. You might get 1/5th on the comm, but you will get 5x the slippage and missed fills. Its not a defense of retail prop firms, just pointing out you know less than you put on.
How to fight with Firms who fail the traders with high slippage ? Unrealistic fills.

I guess this happenes only during high risk news events.

1) Avoiding news trading ( Before and after 15 minutes ). To name few are US - CPI, US NFP, US FOMC, Pound and Euro - intrest rate decisions, employment numbers, Inflation number.

2) Avoid trading bigger lot positions ( Above 5 standard lots ). 5 lots can be traded as 5 x 1 lot.

3 ) Trading in some sessions ( This is possible in funded account, not challenge account. ) , Asia to London open + 2 hrs is best to trade.
Intraday only.
  • #13,273
  • Dec 30, 2022 7:45pm Dec 30, 2022 7:45pm
Quoting Capablanca
{quote} Thanks Is this once we have an accumulated 10% or I need to achieve 10% in just one payout ? I mean, what if I make 6% and then, on the second payout, another 4% ? Is this OK ? Or I need to achieve 10% in one of the payouts ?
You can score profits at your will, 1 month or 2 months or three months, this is what they said when I passed phase 2 with that discount code.

However, eventually they blown my phase 2 account and funded account with 48 pips slippage during CPI news event.

I would avoid signing up with TFTP, I would rather do with MFF, TFF, FTMO.
Intraday only.
  • #13,274
  • Dec 31, 2022 3:11am Dec 31, 2022 3:11am
Quoting RiskFighter
{quote} My god - you are so stupid. You don't know what you are talking about and you just continue to blame yourself. I cannot continue to listen to your stupidity and as you will not stop it, then I have to block you. This means, that whatever you might write to me from now on I cannot read.
Funny to read that from someone who cannot understand a written text. Feel free to block me. Or maybe block this whole forum. We'll all be releaved. And don't bother replying, I don't care what you think
Money is made by sitting, not trading
  • #13,275
  • Dec 31, 2022 3:27am Dec 31, 2022 3:27am
Quoting Vitore
{quote} Funny to read that from someone who cannot understand a written text. Feel free to block me. Or maybe block this whole forum. We'll all be releaved. And don't bother replying, I don't care what you think
Hundreds of books has been written about HFT. Just to mention one from my book case: High Frequency Trading by Irene Aldridge. 339 pages. I do know what HFT is about and so does the Prop firms and brokers.

Anybody is welcome to discuss this - if they know anything about the subject - otherwise they should keep silence.
MetaTrader 4 - so many advantages.
  • #13,276
  • Dec 31, 2022 3:40am Dec 31, 2022 3:40am
This discussion began by a person speaking wrong about HFT. It is of cause OK if you don't know better. But then in this forum, everybody should be ready to hear from people that knows the facts. We are here to help and to learn. And I was friendly when delivering facts. (Post 13,241). Then the discussion should have ended there. If somebody then keep discussing and say "some newbie trader might read your comment and erroneously assume that you know what you are talking about" - then I get a bit angry.
MetaTrader 4 - so many advantages.
  • #13,277
  • Dec 31, 2022 4:31am Dec 31, 2022 4:31am
Traders Eco are the old Traders Central Fund. They rebranded but I doubt they are not the same shady and disorganized operation from the past, with horrible customer service and constantly fail of they dashboard.

They can't even define the martingale rule correctly.
What's a multiplier from an existing position ? Is that 1 lot and then 3 lots ? No doubt.
What about 1 lot and then 1.1 lot ? is that a multiplier ? If 1.1 is a multiplier of 1 then 0.9 is also a multiplier of 1.

What they should state is: Martingale is to add a new trade, in same instrument and direction, with higher lots than the initial one.
(and this should only be martingale if the previous lots are in DD but that's another discussion)
  • #13,278
  • Dec 31, 2022 4:57am Dec 31, 2022 4:57am
Quoting Capablanca
Traders Eco are the old Traders Central Fund. They rebranded but I doubt they are not the same shady and disorganized operation from the past, with horrible customer service and constantly fail of they dashboard. They can't even define the martingale rule correctly. What's a multiplier from an existing position ? Is that 1 lot and then 3 lots ? No doubt. What about 1 lot and then 1.1 lot ? is that a multiplier ? If 1.1 is a multiplier of 1 then 0.9 is also a multiplier of 1. What they should state is: Martingale is to add a new trade, in same instrument...
Prop firms like having these rules hazy. It gives them freedom to reject nearly any trade we make. In the past I tried to get clarifications on various rules even from the nowadays top firms, I never succeded. Therefore, any discussions about what the martingale, arbitrage, HFT or anything else really means for prop firms are pointless imo. Any trade they decide to reject becomes a new example of such a rule and you cannot do anything about it.
Money is made by sitting, not trading
  • #13,279
  • Dec 31, 2022 6:57am Dec 31, 2022 6:57am
Quoting pipmaster77
Order of knocking down challenges.......MFF, FTMO, TFTP, TFF, E8........TFF and TFTP can be swapped if you prefer. Max 'em all you're at 2.3-2.4 million before the 25-30% scale every 3-4 months. If you need more, go for it, that's when all of the firms other than those 5 come into play. Keep in mind, these should be traded on max DD only......so 2.3-2.4 million with 10-12% (MFF) is truly like a 250K account with 100% allowable loss. If you normally risk 1-2% per trade, it is 1-2% of the 250K not the 2.3-2.4 million. You will never, ever even come...
pip 2 qq sir:

1. why did you not mention anything about TFT, is that because they do not have corporate account? Or its a eight cap data feed?
2. how many accounts do you go for per firm? Do you recommend doing master on MFF and then double Merge slave accounts on each one of those?

thank you and lets all of us have happy new year!
  • #13,280
  • Dec 31, 2022 1:04pm Dec 31, 2022 1:04pm
Quoting RiskFighter
If somebody then keep discussing and say "some newbie trader might read your comment and erroneously assume that you know what you are talking about" - then I get a bit angry.
-My comment was in reference to your matter-of-fact statement regarding your interpretation of the firms rules, not what you may or may not know about anything else.

Quoting Vitore
Prop firms like having these rules hazy. It gives them freedom to reject nearly any trade we make. In the past I tried to get clarifications on various rules even from the nowadays top firms, I never succeded. Therefore, any discussions about what the martingale, arbitrage, HFT or anything else really means for prop firms are pointless imo. Any trade they decide to reject becomes a new example of such a rule and you cannot do anything about it.
-This is exactly my point. And when someone makes matter-of-fact statements about such rules based on their own opinion(s) in lieu of actually getting definitive confirmation on such matters (via the firm), it is irresponsible and should be challenged so that people may be better-equipped to make informed decisions and protect themselves etc..

Such a simple thing did not need to devolve as it did. Unfortunately, there is no age or maturity filter for comments here.
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