channel 1,2,3 4 like that.
thanks.
Even stop losses are copied
Intraday only.
1
prop firm new model - my trading journey 871 replies
Anyone trading with a Prop firm 2 replies
So I accepted a Prop Trading job in South Beach Miami 43 replies
DislikedThere are a lot of bitter losers circulating the prop firm channels right now after CPI. Apparently FTMO is in cahoots with e8funding to scam the best traders in the world out of their 800 bucks.Ignored
Disliked{quote} I hope to read more comments from the guy last week who put on a 160x levered position a few minutes before CPI and went to take a shower to come back to see that MFF scammed him out of his sure bet.Ignored
Disliked{quote} 160x leverage with MFF ? I thought it is not possible to get more leverage than 100:1 at MFF. And did you want to say they cancelled his successful CPI news trade ?Ignored
Disliked{quote} He had a 300k account, the daily dd is 5%, so he had 15k to total ruin and put on a 25 lot trade. Even if you count the total dd of 12% it's still 2500k/36k so 69x levered but it's a bad calculation because you only have 15k/day to lose. And I'm fairly certain he never spent a second to think what would happen if price moves the other way.Ignored
Disliked{quote} Understood, did they cancel his news trade then because it was such successful or what happened to him then? If he is news trader and making bet, why not trading it?Ignored
DislikedI finally decided to go for the MyForexFunds challenge. Following my first experience and observations: - As I don't use MT all of my trades need to be copied via Dupliklium. As opposed to TFF and E8 (where everything was super easy to set up), MFF just didn't work automatically and I had to manually set mapping of the US500 symbol (which only I trade). Strange. I assumed Duplikium would do that automatically as it did with the other prop accounts. Even after the manual mapping, SL/TP orders were not copied at all, only market orders. It's a Duplikium...Ignored
Disliked{quote} Check where you are connecting to the server with Duplikium. Sometimes due to the number of people trading at MFF you can get routed to a further away server and it creates latency. Most days I have to check to make sure i am at the closest possible DC.Ignored
Disliked{quote} Thanks for the hint! I was connected to NY while MFF servers as well as my ICM cTrader servers are in LD. Changed it to LD and will see the impact but it should definitely helpIgnored
Disliked{quote} No worries, I use social tradertools and it works fine on all the firms i am using no latency etc.Ignored
Disliked{quote} which one do you use? And can a cTrader account be a master?Ignored
Disliked{quote} Socialtradertools but I dont know about ctrader... To be honest I hate ctrader so I know nothing about it.. It might work maybe would have to check .Ignored
Disliked{quote} I see, it's the name. it seems for MT4 user only but thanks anyway! Btw why do you hate cTrader? Just wondering as I hate MT4 and consider cTrader much betterIgnored
Disliked{quote} Ctrader i find it clunky, even more than mt4 and alot more than mt5. But like, I was there when mt4 first came out so i could just be biases.Ignored
DislikedI would say with MT4 you cannot do it, regardless how much you backtest. It is not a good platform. MT5 is much better and of course the star is cTrader for trading.Ignored