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  • #10,441
  • Aug 25, 2022 2:19pm Aug 25, 2022 2:19pm
Quoting Vitore
{quote} There's a discussion about it on their Discord. Seems related to the prohibited strategies, which TFF defines as: "Tick scalping, arbitrage bots – reverse arbitrage – latency arbitrage – hedge arbitrage or any emulators are prohibited." But what exactly those means is a question as there's no exact definition other than this
Those who make big money will be watched for sure for any prohibited strategies.
Intraday only.
  • #10,442
  • Aug 25, 2022 3:42pm Aug 25, 2022 3:42pm
Quoting Vitore
{quote} Yes, that how I meant it. So when the 180K further grows to eg. 200K, then 220K, and 240K, your respective DDs would be 14% over 200K, then 14% over 220K and finally 14% over 240K.
Ahh, sorry for having misunderstood. I'm not sure what happens after 14% is achieved but what you say it's a possibility.
  • #10,443
  • Aug 25, 2022 4:34pm Aug 25, 2022 4:34pm
Quoting navk
{quote} Those who make big money will be watched for sure for any prohibited strategies.

they were using a grid EA called POW. Its not cheating nothing.
  • #10,444
  • Aug 25, 2022 8:04pm Aug 25, 2022 8:04pm
Quoting Takisd
{quote} they were using a grid EA called POW. Its not cheating nothing.
I was under the impression that some prop firms do not allow EAs? They state this very clearly on their websites.
  • #10,445
  • Aug 25, 2022 8:36pm Aug 25, 2022 8:36pm
Quoting Takisd
{quote} they were using a grid EA called POW. Its not cheating nothing.
Got it.

As long as i do manual trading, not a problem for payout.
Intraday only.
  • #10,446
  • Aug 25, 2022 8:58pm Aug 25, 2022 8:58pm
Quoting Takisd
{quote} they were using a grid EA called POW. Its not cheating nothing.
What ever may be the case I don't understand why she continued to trade after getting 10 or 20%. Why to trade more unless she is suffering from trading diarrhea.
Prop firms are like hen laying golden eggs. You dont want to get greedy and kill the hen instead take egg one by one so that no one notice.
  • #10,447
  • Aug 26, 2022 2:02am Aug 26, 2022 2:02am
Quoting sampat
{quote} What ever may be the case I don't understand why she continued to trade after getting 10 or 20%. Why to trade more unless she is suffering from trading diarrhea. Prop firms are like hen laying golden eggs. You dont want to get greedy and kill the hen instead take egg one by one so that no one notice.
Greed.
  • #10,448
  • Aug 26, 2022 2:25am Aug 26, 2022 2:25am
been beating so badly by market, any advice ?
  • #10,449
  • Aug 26, 2022 2:28am Aug 26, 2022 2:28am
Quoting HengkiTjen
been beating so badly by market, any advice ?
Trading prop firm account, passing evaluation or your own personal account?
  • #10,450
  • Aug 26, 2022 2:40am Aug 26, 2022 2:40am
Quoting HengkiTjen
been beating so badly by market, any advice ?
-Try to figure out why and work on it.

Quoting TheFxLord
Trading prop firm account, passing evaluation or your own personal account?
-Feels like dejavu.
  • #10,451
  • Edited 2:23pm Aug 26, 2022 2:52am | Edited 2:23pm
Quoting Nsak3y
-Feels like dejavu.
Not sure what you meant, but if you're suggesting I have commercial agenda, yes, I do.
  • #10,452
  • Aug 26, 2022 3:21am Aug 26, 2022 3:21am
Quoting Takisd
Seeing a lot of reports of TFF banning people who are making decent profits. One is on trustpilot rn. Now I feel uncertain of my accounts I'm about to pass.

They are not trustworthy.
  • #10,453
  • Aug 26, 2022 3:40am Aug 26, 2022 3:40am
Quoting TheFxLord
Not sure what you meant
-I doubt that.
  • #10,454
  • Aug 26, 2022 4:12am Aug 26, 2022 4:12am
Explanation of TFF in Discord

Quote
In reference to the recent enquires in the general channel we would like to clarify the situation. Multiple traders participated over multiple different accounts in a practice called grid-trading (or sometimes also referred to as reverse trading) where orders at a certain price level get set out in both directions of the market which for one or the other account causes a guaranteed win. Commonly there is an agreement between those traders participating in this scheme, to share the profit of whoever wins this trade and the person "burning" their...
Attached Image (click to enlarge)
Click to Enlarge Name: tft.png Size: 63 KB
  • #10,455
  • Aug 26, 2022 4:24am Aug 26, 2022 4:24am
Quoting Capablanca
Explanation of TFF in Discord {quote} {image}

This doesn't seem an accurate explanation. Using grid systems if you have 5 and all are different directions/pairs they can all lose.
  • #10,456
  • Aug 26, 2022 4:46am Aug 26, 2022 4:46am
Quoting Takisd
{quote} This doesn't seem an accurate explanation. Using grid systems if you have 5 and all are different directions/pairs they can all lose.
It seems to me that in the image, at least the ones with 3.75 lots, are symetric positions in same pair (GBPUSD), same size and similar timestamp.
  • #10,457
  • Aug 26, 2022 4:50am Aug 26, 2022 4:50am
Quoting Takisd
{quote} This doesn't seem an accurate explanation. Using grid systems if you have 5 and all are different directions/pairs they can all lose.
They can loose but if half of the group hedged the other part (as it seems from the picture) and together they generated a profit then they could possibly be convicted of using a prohibited trading strategy (hedge arbitrage?) and refused their payouts
Money is made by sitting, not trading
  • #10,458
  • Aug 26, 2022 4:52am Aug 26, 2022 4:52am
Another one from TFT:
Quote
In light of the recent review posted on Trust Pilot, we would like to clarify the situation. The trader executed trades from two different devices and locations literally 5 min apart in time, the 2 locations were 2h apart covering a distance of 187KM. Clearly impossible for one person to cover that distance in 5 min, conclusion, multiple people are trading the account.

I don't get that. With a VPN I guess this could perfectly happen, right ?
I don't know if VPNs are forbidden but I don't think so
  • #10,459
  • Aug 26, 2022 4:54am Aug 26, 2022 4:54am
Quoting Capablanca
{quote} It seems to me that in the image, at least the ones with 3.75 lots, are symetric positions in same pair (GBPUSD), same size and similar timestamp.

So they aren't Gridding they are long short trading which is dirty. Ban them all.
  • #10,460
  • Aug 26, 2022 4:55am Aug 26, 2022 4:55am
Quoting Vitore
{quote} They can loose but if half of the group hedged the other part (as it seems from the picture) and together they generated a profit then they could possibly be convicted of using a prohibited trading strategy (hedge arbitrage?) and refused their payouts

gridding can lose both ways in a range. But it looks like they are just long short on a trade and winner wins loser loses.
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