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  • #23,481
  • Oct 2, 2023 2:33pm Oct 2, 2023 2:33pm
Quoting TrAndy1
Anyone knows or has a solid idea why the December is such a bad month for all prop firms ? How about the other months ? What kind of market is good / bad for prop ?
its bad even for markets, its the last month of the year, christmas holidays new year ect low volume month
  • #23,482
  • Oct 2, 2023 2:37pm Oct 2, 2023 2:37pm
Quoting TrAndy1
As we know there is not much A-booking at all in this prop firm industry.
-Which is not overly surprising. I do think that these firms can engage in other activities to help offset the costs of running this business while someone figures out a way to effectively manage the order flow in their favor. We saw FTMO and MFF doing that on some level, with merch and consulting services etc., but there is probably more that can be done to monetize the traffic.

Having educational products, remote workshop seminars, webinars, networking cruises, mentorship and membership services, product merch et al. seem like potentially viable avenues that could help to further-legitimize this space while also helping to offset operational costs.

Maybe they could even do something with cryptocurrency. BNB offered a few good use-cases, most notably, that it was used as a way to reduce trading fees on their exchange. Firms could implement something similar so that any challenges paid for using their coin would have a discount applied, or, perhaps they could figure out a way to incorporate different account types by applying a commission fee or spread reduction, depending on whether or not their coin was used or how much you were staking etc..
  • #23,483
  • Oct 2, 2023 2:38pm Oct 2, 2023 2:38pm
Quoting DeltaCapital
{quote} its bad even for markets, its the last month of the year, christmas holidays new year ect low volume month
How about July then ? Summer month with a lot of people taking full of holidays. Second worst month for props then ? What is or how does a bad market for the prop looks like ?
  • #23,484
  • Oct 2, 2023 2:45pm Oct 2, 2023 2:45pm
Quoting TrAndy1
Anyone knows or has a solid idea why the December is such a bad month for all prop firms ? How about the other months ? What kind of market is good / bad for prop ?
A bad time for props looks like september 2023 lol, when the cftc makes both traders and prop owners shit their britches
  • #23,485
  • Oct 2, 2023 2:50pm Oct 2, 2023 2:50pm
Quoting Nehemah
Is someone had issues with TFF ? Since 2 weeks, it's very difficult to close a position. It takes generally between 15 and 60 seconds with an amazing slippage and the trade always closes unfavorably
I'm experience some execution delay but not much more than 1 or 2 seconds (forex and less than 10 lots).

15 to 60 seconds is insane.
  • #23,486
  • Oct 2, 2023 3:09pm Oct 2, 2023 3:09pm
Quoting TrAndy1
{quote} How about July then ? Summer month with a lot of people taking full of holidays. Second worst month for props then ? What is or how does a bad market for the prop looks like ?
Yeah probably the summer is slower too, but december even FTMO is only time they do cupon discout is in december
  • #23,487
  • Oct 2, 2023 3:20pm Oct 2, 2023 3:20pm
Quoting Capablanca
{quote} I'm experience some execution delay but not much more than 1 or 2 seconds (forex and less than 10 lots). 15 to 60 seconds is insane.
Thank you for your report. In fact, every time I get robbed. If the price goes below the SL and continues to fall, the position is not closed for many seconds. If the price hits the SL and rebounds, the position closes with crazy slippage. I hope this is temporary otherwise I'll have to eliminate yet another prop.
  • #23,488
  • Oct 2, 2023 3:31pm Oct 2, 2023 3:31pm
Quoting Capablanca
15 to 60 seconds is insane.
-Agreed.

Quoting Nehemah
It takes generally between 15 and 60 seconds with an amazing slippage and the trade always closes unfavorably
-Try reducing max bars in chart to 5000. If that does not work, try running a vanilla install without any EA/indicators etc.. Be sure to check your internet connection, as well as ping/packet loss to various servers etc..
  • #23,489
  • Oct 2, 2023 3:36pm Oct 2, 2023 3:36pm
Quoting TrAndy1
I do this because of lack of opportunities on other props. I was already max. funded on MFF which was my first choice. Now FTMO has much lower value so they are not good in my opinion for the value of money what you get there. The score is simply to low for me (with taxes included it is close to zero added value). So best of all worlds, you are right, not many rules, all rules simple and clearly expressed. Also good score and outstanding payout history. But there are not many options close to zero now, what you can do right now. Beside MFF, TFF...
Your score is just about the price. You compare a Mercedes with an Opel. With your score Opel is better. We have a lot of good prop firm, much better than MFF.
  • #23,490
  • Oct 2, 2023 3:38pm Oct 2, 2023 3:38pm
Quoting Nsak3y
{quote}-Agreed. {quote}-Try reducing max bars in chart to 5000. If that does not work, try running a vanilla install without any EA/indicators etc.. Be sure to check your internet connection, as well as ping/packet loss to various servers etc..
Thank you for these solutions. I'm going to test that. To be precise, there is too a latency of 5 secondes when I put my SL. I have this issue only with TFF
  • #23,491
  • Oct 2, 2023 3:40pm Oct 2, 2023 3:40pm
Quoting Nehemah
Is someone had issues with TFF ? Since 2 weeks, it's very difficult to close a position. It takes generally between 15 and 60 seconds with an amazing slippage and the trade always closes unfavorably
No issue. Try to open and close for a mobile phone. I think you have to much indicators on the chart, and to much charts open. You have a good internet?
  • #23,492
  • Oct 2, 2023 3:47pm Oct 2, 2023 3:47pm
Quoting Tim_isoara
{quote} No issue. Try to open and close for a mobile phone. I think you have to much indicators on the chart, and to much charts open. You have a good internet?
My connexion is good. But I'm going to do tests tomorrow with all these tracks. Thanks.
  • #23,493
  • Oct 2, 2023 3:51pm Oct 2, 2023 3:51pm
Quoting Nehemah
Is someone had issues with TFF ? Since 2 weeks, it's very difficult to close a position. It takes generally between 15 and 60 seconds with an amazing slippage and the trade always closes unfavorably
Rent a VPS from MetaTrader
  • #23,494
  • Oct 2, 2023 4:06pm Oct 2, 2023 4:06pm
Quoting Nehemah
{quote} My connexion is good. But I'm going to do tests tomorrow with all these tracks. Thanks.
The chance is very high, that it must on your end. Otherwise anyone would be screaming like hell why they do not get executed within 1 second. 15+ seconds oh jeez...
  • #23,495
  • Oct 2, 2023 4:17pm Oct 2, 2023 4:17pm
Quoting TrAndy1
{quote} The chance is very high, that it must on your end. Otherwise anyone would be screaming like hell why they do not get executed within 1 second. 15+ seconds oh jeez...
Yes but why only with TFF ? I read on the Prop Firm Telegram group, 2 weeks ago, 2 guys who had the same problem. But these seem to be isolated cases.
  • #23,496
  • Oct 2, 2023 4:34pm Oct 2, 2023 4:34pm
Quoting TrAndy1
{quote} The chance is very high, that it must on your end. Otherwise anyone would be screaming like hell why they do not get executed within 1 second. 15+ seconds oh jeez...
A few of us have complained here over the last week. Definitely not a user end issue and definitely a new issue, been very good up until recently, last 2 weeks poor. 5 or so seconds i would guess.
  • #23,497
  • Oct 2, 2023 4:54pm Oct 2, 2023 4:54pm
Quoting Takisd
{quote} From what i see, despite the market being single directional, no one has paid any big payouts lately.
Yes we were used to see such big payouts from MFF, FTMO...that now I got a doubt about them. I was surprised by this tweet from Khaled (fundingpips) (or maybe they are still new) :
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Don't give up on your dreams. Keep sleeping.
  • #23,498
  • Oct 2, 2023 5:18pm Oct 2, 2023 5:18pm
Quoting Artcool
{quote} Yes we were used to see such big payouts from MFF, FTMO...that now I got a doubt about them. I was surprised by this tweet from Khaled (fundingpips) (or maybe they are still new) : {image}
I hope they got their permission to post that and tag them first. I sure wouldn't want to be blasted all over social media. If they re-shared what a trader bragged about, well that's a completely different story of course.
  • #23,499
  • Oct 2, 2023 7:50pm Oct 2, 2023 7:50pm
Quoting Takisd
5ers rules.. beautiful.... {image}

Now that FTMO is no time limit, there is no need for 5ers.
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 19.6%
  • #23,500
  • Oct 2, 2023 7:58pm Oct 2, 2023 7:58pm
https://docs.google.com/spreadsheets...it?usp=sharing

I'm updating my sheet, I eliminated all the phase 1 and Instant Fundings, only phase 2 so.

FXIFY: is there a merge rule? or you can't merge?

I read that leverage is only 1:10 for indices. Is this for you normal, or too low?
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in holiday till end of November
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