{quote} lol. You obviously don't know how institutions trade because they literally provide liquidity to the market on a long only/short only basis. They dont buy one position and hold it forever, they are in and out in that direction until their bias changes. Also, gaps of significance usually occur counter trend historically. The spread is literally made by the institutions that you quote as holding a single trade over the long term (and weekend). You also forgot that institutions still trade over weekends, thats why the market gaps. Broker stats...
{quote} it cant be, both accounts start with $1000, both risk the same amount $100 each trade, both accounts close at $1000 DD
Happy Sunday all ! Of course, it depends on what strategies are used. And FTMO is definitely better in some regards, for some strategies. But I think were missing some perspective on the value of 5%ers and the likes that have decent enough scaling plans. Just based on one of my own accounts, running on low leverage for almost 10 years now: If I had enrolled in 5%ers at any moment, and without hitting their stop-out, I would be trading their million account after 16-21 months, making 1 to 5% return a month, all from a measly 275$. My own funds would...
{quote} I had already seen your interesting calculations... Thank youEither you have not even read my post, not understood it, or have decided to ignore some of it in order to not feel contradicted. But there were no contradictions. With math, you are right, with your scenario. With math, I am right, with my scenario. No opinions. I know some people would like to think about the possibilities just a little bit more, so I have shared a different view based on my own personal data. Sorry to be a bother. Nothing to add. Except that, remember...
{quote} Well put, and another very good reason why using a small personal account is not the same. I agree it is not black and white, and far from it. Good points. Just because, on paper, one can be brought to think it is possible to just as safely over-leverage in order to aim for just as good results as one would have with a much larger account, it does not mean that it is true. It is sometimes much more complicated than that. And often depends on many factors like the duration of survival, margin, minimum lots needed for diversification, risk...
{quote} Relax Taki, I am not here to debate you, I am giving you information respectfully. There is a liquidity desk yes but there is a trading desk that holds for VERY longtimes big ,very big positions.... This is an example why I do not post answers in forums cause people have not done it tell people that did it how its done. But everyone can believe what they want, you are correct!
i think you do under rate the psychology.....
as for what is crystal clear, let me use a personal example: when i need to drive to Bkk, there is regular road true many cities, light, dogs...and there is a toll highway. overall the highway wont save money, plus cost some extra...but result a more relaxing drive. some would say it cost a few dollars more, and is silly. some say it worth the lowered stress level. both would be right. then some would take the bus and dont drive. it isnt black ror white only.
{quote} The thing is, I have done it. As a dealer and as a trader. And your information is incorrect. But hey, a dismissive post and a "you can believe what every you want" must make you right, right? No bank makes a single trade in one direction and holds it. They make many trades in that direction until whatever target they pick is met or they change bias. They do it in shares, they do it in fx, they do it in commods. It is never one single trade because if they did that, they would show their hand and get whacked right in the balls. There are...
No-one's discussing the alternatives to these so called Prop" firms that are fleecing the wannabe traders. Darwinex, Axiselect & Lepus. You guys n gals should have a good look at the Lepus deal on offer. The $2000 account puts most off but I bet none of you have checked out the broker they use which offers a 100% deposit bonus, thus halving the required Lepus deal account. deposit. Check the details. Scaling up, DD, profit target etc etc. Puts FTMO,5%ers & the rest to shame.
{quote} My Darwinex account is 1:200
