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  • #49,301
  • Jun 9, 2025 9:33am Jun 9, 2025 9:33am
Quoting Spearion
{quote} yeh I think if you are getting significant slippage on 10 lots then the broker is crap - thats nothing in notional value compared to the daily FX value transacted in FX. 100 lots maybe and even then the broker is still crap. They will slip if they are screwing you over or their liquidity pool is too small. And slippage is very easy to prove and something a broker does not want publicised. 10 lot trades with 20 pips TP/SL and you have an expectancy that is positive (sufficiently positive and not barely positive) would be enough for a tidy...
spot on.
Yea, barely slippage would be there with lot size i am proposing.

And ofcourse, one need to be cautious about broker.

Up to 10k, have 1 broker.. then extend the list of brokers.
Intraday only.
  • #49,302
  • Jun 9, 2025 9:40am Jun 9, 2025 9:40am
Quoting Spearion
{quote} yeh I think if you are getting significant slippage on 10 lots then the broker is crap - thats nothing in notional value compared to the daily FX value transacted in FX. 100 lots maybe and even then the broker is still crap. They will slip if they are screwing you over or their liquidity pool is too small. And slippage is very easy to prove and something a broker does not want publicised. 10 lot trades with 20 pips TP/SL and you have an expectancy that is positive (sufficiently positive and not barely positive) would be enough for a tidy...
Your only option broker wise, is to split your deposit over multiple brokers and trade 10 lots of less.

I trade with Tickmill, just left IC for interactivebrokers and on 10 lost i get slippage on all 3. Are they shit brokers?
  • #49,303
  • Jun 9, 2025 10:24am Jun 9, 2025 10:24am
Quoting navk
{quote} And my question is do you have a trading system that will hit 500 pips stop ? I have a trading system that will not hit 500 pips. Risk management 50 %, trading system, technical 50 %,
and what happens the day it does move 500 pips? you are risking 25 times your reward.
No, I don't have such a system...but I trade for 2.5% monthly, not 4% daily
  • #49,304
  • Jun 9, 2025 10:30am Jun 9, 2025 10:30am
Quoting Takisd
{quote} Your only option broker wise, is to split your deposit over multiple brokers and trade 10 lots of less. I trade with Tickmill, just left IC for interactivebrokers and on 10 lost i get slippage on all 3. Are they shit brokers?
IB is about as good as it gets.
  • #49,305
  • Jun 9, 2025 10:36am Jun 9, 2025 10:36am
Quoting pipmaster77
{quote} and what happens the day it does move 500 pips? you are risking 25 times your reward. No, I don't have such a system...but I trade for 2.5% monthly, not 4% daily
Pl read my post above.

Risk management is 50 %, tech trading is 50 %.

And if the pair moves, 500 pips, yes, i will loose my account, for that to happen, the trader must be dumb if he focusses on 500 pips stop and not 20 pips profit. lol Do not know when to get out and what a trader talks about.

Also i would suggest reading deeply ADR and ATR.

That tells you all.

And i know you want to be still conservative, not 0.1
Intraday only.
  • #49,306
  • Jun 9, 2025 10:53am Jun 9, 2025 10:53am
Quoting navk
{quote} Pl read my post above. Risk management is 50 %, tech trading is 50 %. And if the pair moves, 500 pips, yes, i will loose my account, for that to happen, the trader must be dumb if he focusses on 500 pips stop and not 20 pips profit. lol Do not know when to get out and what a trader talks about. Also i would suggest reading deeply ADR and ATR. That tells you all. And i know you want to be still conservative, not 0.1
I use ADR all day....it's part of one of my systems.
However, I have also seen it blow through ADR.....as they say, shit happens.
Just do it....open a $500 account, do the 20 pips per day and post your results daily......show us how simple it is.
  • #49,307
  • Jun 9, 2025 10:59am Jun 9, 2025 10:59am
Quoting Aussi
{quote} you poor thing is it something i said
only about a mistake you did say. but no matter, when you cant remember you are fine maybe ... stay save. i only did not want other learn wrong from this mistake, because mistake about risk management is big and produce follow mistakes and so on.
  • #49,308
  • Jun 9, 2025 11:03am Jun 9, 2025 11:03am
TopOne futures came up with another bs......

I want to know what these guys are smoking to even think like this..... Coz when you see the owner youtube ads he is like " oh i lost 23 challenges and trader turned prop owner .. i know what people needs blah blah"

BEHOLD NEW REVOTIONALIZED S2F - INTRADAY S2F

You can have 7 accounts but wait you can't copy trade them
Attached Image (click to enlarge)
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Extreme gut feeling trader
  • #49,309
  • Jun 9, 2025 11:07am Jun 9, 2025 11:07am
Quoting pipmaster77
{quote} I use ADR all day....it's part of one of my systems. However, I have also seen it blow through ADR.....as they say, shit happens. Just do it....open a $500 account, do the 20 pips per day and post your results daily......show us how simple it is.
I have done it in the past in my live account. Made 500 to 2500 +

Then discontiued it.

I am doing now.
Intraday only.
  • #49,310
  • Jun 9, 2025 11:08am Jun 9, 2025 11:08am
Quoting montygoldy
TopOne futures came up with another bs...... I want to know what these guys are smoking to even think like this..... Coz when you see the owner youtube ads he is like " oh i lost 23 challenges and trader turned prop owner .. i know what people needs blah blah" BEHOLD NEW REVOTIONALIZED S2F - INTRADAY S2F You can have 7 accounts but wait you can't copy trade them {image}
they have changed MLL.

Good part
Intraday only.
  • #49,311
  • Jun 9, 2025 11:35am Jun 9, 2025 11:35am
Quoting pipmaster77
{quote} IB is about as good as it gets.
IB is great for multi asset, but the execution for spot products is average. I've had better as the ladies used to tell me.
  • #49,312
  • Jun 9, 2025 12:08pm Jun 9, 2025 12:08pm
Quoting pipmaster77
{quote} and what happens the day it does move 500 pips? you are risking 25 times your reward. No, I don't have such a system...but I trade for 2.5% monthly, not 4% daily
I think
https://docs.google.com/spreadsheets...#gid=318257937
This what 20 pip challenge going on in the market. Every time you win you move 1 step forward and every time you loose you move 1 step behind.
So net wins should be 30. So if you loose 100 or 200 or 500, if your wins are 130, 230, or 530 respectively you make 50K one needs to add some more pips to TP to take commissions and spreads...
  • #49,313
  • Jun 9, 2025 12:12pm Jun 9, 2025 12:12pm
Quoting sampat
{quote} I think https://docs.google.com/spreadsheets...#gid=318257937 This what 20 pip challenge going on in the market. Every time you win you move 1 step forward and every time you loose you move 1 step behind. So net wins should be 30. So if you loose 100 or 200 or 500, if your wins are 130, 230, or 530 respectively you make 50K one needs to add some more pips to TP to take commissions and spreads...
ahh....so s/l is same 20 pips and we are looking to be 30 wins above .500, regardless of how many trades it takes.
Net 600 pips....trading a standard only makes $6K?
  • #49,314
  • Jun 9, 2025 12:16pm Jun 9, 2025 12:16pm
Quoting pipmaster77
{quote} ahh....so s/l is same 20 pips and we are looking to be 30 wins above .500, regardless of how many trades it takes. Net 600 pips....trading a standard only makes $6K?
I think SL is 15 pips and Target is 20. One needs to risk entire last step profit. So basically 25% of risk and 33% of target..
If you win proceed to step 2. If you win again proceed to step 3. If you loose you will be on step 2. If you loose again step 1 and keep repeating...
  • #49,315
  • Jun 9, 2025 12:18pm Jun 9, 2025 12:18pm
Quoting sampat
{quote} I think SL is 15 pips and Target is 20. One needs to risk entire last step profit.
ahhhh, I recall a Rags to Riches thread, where this could be done in like 8 net trades, by going 2:1 on R;R
  • #49,316
  • Jun 9, 2025 12:19pm Jun 9, 2025 12:19pm
Quoting pipmaster77
{quote} ahhhh, I recall a Rags to Riches thread, where this could be done in like 8 net trades, by going 2:1 on R;R
https://www.forexfactory.com/thread/...0-or-20-trades

I don't believe anyone ever made it.
  • #49,317
  • Jun 9, 2025 12:28pm Jun 9, 2025 12:28pm
Quoting pipmaster77
{quote} https://www.forexfactory.com/thread/...0-or-20-trades I don't believe anyone ever made it.
Unless it is monopoly money most people chicken out after making to 1K or 10K.
  • #49,318
  • Jun 9, 2025 12:30pm Jun 9, 2025 12:30pm
Quoting pipmaster77
{quote} https://www.forexfactory.com/thread/...0-or-20-trades I don't believe anyone ever made it.
I think author made it
https://www.forexfactory.com/thread/...8#post14131688
  • #49,319
  • Jun 9, 2025 12:35pm Jun 9, 2025 12:35pm
Quoting sampat
{quote} I think author made it https://www.forexfactory.com/thread/...8#post14131688
wow, where is he getting 700 lots filled?
  • #49,320
  • Jun 9, 2025 12:36pm Jun 9, 2025 12:36pm
Quoting pipmaster77
{quote} wow, where is he getting 700 lots filled?
AHAHAHAHAHA and stop orders to boot.
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