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  • #40,441
  • Aug 9, 2024 10:28am Aug 9, 2024 10:28am
Quoting Capablanca
{quote} Just a correction about Blueberry. I was wrong. The one trailing is therapid one. The 1 step and 2 step is static. I'm going to edit my post to avoid misunderstanding. Sorry about that.
If the spreads are solid then it is interesting offer...but one has to be picky to pinpoint the first entry not to pay the fee for to long without payout. Another side gig.
PVSRA
  • #40,442
  • Aug 9, 2024 11:03am Aug 9, 2024 11:03am
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  • #40,443
  • Edited 12:08pm Aug 9, 2024 11:34am | Edited 12:08pm
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Account 3 was reset . 4 days into calibration, so stats will be cut at half cca, maybe a bit less. Managed the best start of all accounts so far.
PVSRA
  • #40,444
  • Aug 9, 2024 11:35am Aug 9, 2024 11:35am
What is the best most reliable Futures prop firm for a UK resident ?

Asking for a friend.

I'm still trading CFDs on MT5 .

Hope everyone is making money in 2024 .
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.0%
  • #40,445
  • Edited 1:13pm Aug 9, 2024 12:58pm | Edited 1:13pm
Quoting Fisher755
{image} {image} {image} Account 3 was reset . 4 days into calibration, so stats will be cut at half cca, maybe a bit less. Managed the best start of all accounts so far.
Impressive!

So what's the deal with correlation between accounts? I see you have allocation for both. Does it need to be less than 50% correlation between accounts and if so do you trade different instruments between accounts?

I have 3 accounts in calibration phase at the moment so I was thinking that I'd trade only one instrument per account after calibration. Three instruments that aren't highly correlated with each other. Maybe UJ (my new favorite), SP500, and possibly oil or gold?

Thoughts?
Pride always comes before destruction.... -Proverbs 16:18
  • #40,446
  • Aug 9, 2024 1:00pm Aug 9, 2024 1:00pm
Quoting Phil_GMT
What is the best most reliable Futures prop firm for a UK resident ?
There isn’t a “one size fits all” answer: it’s personal preference and a question of which one’s rules and parameters best suit an individual’s trading style.

The three best, most honest, most reliable ones are probably Topstep, Tradeday and Earn2Trade.

All three have successfully funded plenty of UK-based traders.
  • #40,447
  • Aug 9, 2024 1:39pm Aug 9, 2024 1:39pm
Quoting Expo33
{quote} Impressive! So what's the deal with correlation between accounts? I see you have allocation for both. Does it need to be less than 50% correlation between accounts and if so do you trade different instruments between accounts? I have 3 accounts in calibration phase at the moment so I was thinking that I'd trade only one instrument per account after calibration. Three instruments that aren't highly correlated with each other. Maybe UJ (my new favorite), SP500, and possibly oil or gold? Thoughts?
Yeah, depends on what you want. You can try as you mentioned, but the thing is that this correlation is not a big deal at all. If you are not cheating of course. Even if I will be halted from new allocation, they cover my subscribtion ( if score above 75 which I have already now on both accounts ). I don't put too much attention to it anymore, my goal is to get to Gold, where correlation doesn't matter anymore.

But - that doesn't mean I trade the same - I diversify everything in trading as much as possible. Firms, accounts and trades. The only thing fix and rigid is my personal life and everyday habits.
PVSRA
  • #40,448
  • Aug 9, 2024 1:44pm Aug 9, 2024 1:44pm
Quoting Expo33
{quote} Impressive! So what's the deal with correlation between accounts? I see you have allocation for both. Does it need to be less than 50% correlation between accounts and if so do you trade different instruments between accounts? I have 3 accounts in calibration phase at the moment so I was thinking that I'd trade only one instrument per account after calibration. Three instruments that aren't highly correlated with each other. Maybe UJ (my new favorite), SP500, and possibly oil or gold? Thoughts?
Have a look at this ..

https://www.mrci.com/special/correl.php
  • #40,449
  • Aug 9, 2024 1:45pm Aug 9, 2024 1:45pm
Quoting Expo33
{quote} Impressive! So what's the deal with correlation between accounts? I see you have allocation for both. Does it need to be less than 50% correlation between accounts and if so do you trade different instruments between accounts? I have 3 accounts in calibration phase at the moment so I was thinking that I'd trade only one instrument per account after calibration. Three instruments that aren't highly correlated with each other. Maybe UJ (my new favorite), SP500, and possibly oil or gold? Thoughts?
Correlation has nothing to do with pairs traded. It is purely P&L (positive and inverse).
So if you trade S&P and EUR/NZD if it moves in similar way too bad it is considered as correlated.
If you trade same pair and different P&L it is consider as different.
For darwinex correlation means diversification of funds irrespective of same pair different pair.
  • #40,450
  • Aug 9, 2024 1:48pm Aug 9, 2024 1:48pm
Quoting Quickly
{quote} There isn’t a “one size fits all” answer: it’s personal preference and a question of which one’s rules and parameters best suit an individual’s trading style. The three best, most honest, most reliable ones are probably Topstep, Tradeday and Earn2Trade. All three have successfully funded plenty of UK-based traders.
Thanks I'll show him this reply .
All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 20.0%
  • #40,451
  • Aug 9, 2024 6:44pm Aug 9, 2024 6:44pm
Just got paid by Alpha. My 25th with them. Took just under 72 hours this round.The payout time has slowly increased from a few hours when I started with them. Did see on discord that they are promising a 1 day payout to be implemented this month. Hope that's true but on the other hand, the mods on discord are saying expect up to 1+4 days for the payout (1 being the request day and 4 more business days).

No news of the payout I submitted to ascendx on the same day as Alpha. I'm not putting much hope on that as I expect them to retroactively apply some rule to not pay out.
  • #40,452
  • Aug 9, 2024 7:06pm Aug 9, 2024 7:06pm
Quoting sampat
{quote} Correlation has nothing to do with pairs traded. It is purely P&L (positive and inverse). So if you trade S&P and EUR/NZD if it moves in similar way too bad it is considered as correlated. If you trade same pair and different P&L it is consider as different. For darwinex correlation means diversification of funds irrespective of same pair different pair.
So if I go long UJ on all 3 accounts and set each trade with different SL/TP it's not considered correlated?
Pride always comes before destruction.... -Proverbs 16:18
  • #40,453
  • Aug 9, 2024 7:56pm Aug 9, 2024 7:56pm
Quoting Expo33
{quote} So if I go long UJ on all 3 accounts and set each trade with different SL/TP it's not considered correlated?
If you trade same setup and pattern the P&L curve will be consistent which you dont want. As long as P&L pattern is inconsistent correlation will not catch up.
For example if you trade 1 lot on one account and 0.1 lot on another and with 50 pip target and 100 pip respectively. If you keep lot size consistent correlation will match up. If trade different times same pair there will not be any matching pattern.
  • #40,454
  • Aug 9, 2024 11:13pm Aug 9, 2024 11:13pm
Quoting pipmaster77
{image}
//----

judging from your latest posts, assuming 20 trading days a month, your wanting to make 1000$ per day..... does that sound roughly correct.....

the only trouble i've noticed with topstepx and tradovate platforms is you can only have one open per user name at a time..... switching back and forth between funded and evaluation accounts is a pain..... or in group trading, switching back and forth between apex tradovate groups or topstepx leads annoys me.....

it would be nice to have those platforms open on multiple computers so the groups would always be there......

that's what's nice about metatrader...... there is no limit to how many darwins metatrader5 i can have open at the same time..... need all the computing help i can get.....

divide and conquer......h
to trade and code, keep both simple... no call to impress....h
  • #40,455
  • Aug 9, 2024 11:46pm Aug 9, 2024 11:46pm
Quoting Fisher755
{image} {image} {image} Account 3 was reset . 4 days into calibration, so stats will be cut at half cca, maybe a bit less. Managed the best start of all accounts so far.
Boom Outstanding results. Not many traders can achieve this — high returns with tiny drawdown. Care to share the D-Leverage and the number of trades for the third account?
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #40,456
  • Aug 10, 2024 12:02am Aug 10, 2024 12:02am
Quoting sampat
{quote} If you trade same setup and pattern the P&L curve will be consistent which you dont want. As long as P&L pattern is inconsistent correlation will not catch up. For example if you trade 1 lot on one account and 0.1 lot on another and with 50 pip target and 100 pip respectively. If you keep lot size consistent correlation will match up. If trade different times same pair there will not be any matching pattern.
Thanks for the explanation!
Pride always comes before destruction.... -Proverbs 16:18
  • #40,457
  • Aug 10, 2024 2:48am Aug 10, 2024 2:48am
Tristian talbot has made his re-launch as Funded Market traders returning with genital reassignment surgery from his crotch to his head as David everyone should give david a warm welcome.
  • #40,458
  • Aug 10, 2024 2:52am Aug 10, 2024 2:52am
Darwin creation still in process but numbers already adjusted. First one is this morning and lower when creation started. No trading between first and second pic.

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  • #40,459
  • Aug 10, 2024 3:13am Aug 10, 2024 3:13am
Quoting kalastaja
Darwin creation still in process but numbers already adjusted. First one is this morning and lower when creation started. No trading between first and second pic. {image} {image}
Great result

I had a look at mine. It was also adjusted. 1st one before and 2nd one after.
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  • #40,460
  • Aug 10, 2024 3:32am Aug 10, 2024 3:32am
Quoting sheva89
{quote} Great result I had a look at mine. It was also adjusted. 1st one before and 2nd one after. {image} {image}
Looks great!
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