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  • #26,621
  • Nov 27, 2023 4:50am Nov 27, 2023 4:50am
Quoting HengkiTjen
FTMO spread are higher than used to be prop firm has change
Higher spreads & commissions are probably way more acceptable to prop traders than increased simulated slippage. That being said, FTMO offering an unheard of (for them) 20% black Friday discount + higher spreads all of the sudden could be a worrying sign.
  • #26,622
  • Nov 27, 2023 4:51am Nov 27, 2023 4:51am
Quoting TraderTero
{quote} From one of the channels: {image}
I wish prop firm can stay for couples
Still need more funds for personal account
  • #26,623
  • Edited 8:13am Nov 27, 2023 4:55am | Edited 8:13am
Quoting longcanlun12
Anyone here trades with Topstep 50k account I would like to ask you guys a couple of questions about your trading instrument, is it even possible to trade currencies (6E, 6S, 6N, 6A) with a high time frame (>=30 MIN chart) ?? cuz any SL with higher than ~24 tick is too risky for the maximum drawdown or daily, my strategy usually place SL around 24 - 48 ticks from the entry. On the other hand, the 6J is impossible to trade with the 5 contracts maximum size rule. Just want to know what instrument you guys usually trade with, cuz I find currencies...
If available @ Topstep, you could trade AUD/GBP/CAN/EUR/JPY currency future minis (1/2 full contract size) & EUR/JPY micros (1/10th full contract size).
  • #26,624
  • Nov 27, 2023 5:37am Nov 27, 2023 5:37am
How do you get Rithmic realtime data in Ninjatrader ? I deinstalled NT and then imported the license key and reinstalled. Everything done from setup description but only delayed quotes. Do I need to buy a Tradovate account therefore ? Or what I am wrongdoing ? What to do ? Also I cannot see my Apex account in chart trader too.
  • #26,625
  • Nov 27, 2023 5:43am Nov 27, 2023 5:43am
Quoting TraderTero
{quote} As far as I know it's a funded account. Looks like the client has been too profitable.
In this case, I think it's fair enough to discuss with him their new conditions to pursue the partnership with him, instead of playing dirty tricks refuse to pay him and/or boot him out like other prop firms might do.
Don't give up on your dreams. Keep sleeping.
  • #26,626
  • Nov 27, 2023 5:49am Nov 27, 2023 5:49am
Quoting HengkiTjen
FTMO spread are higher than used to be prop firm has change
on which intruments do you see that ? How much higher ?
  • #26,627
  • Nov 27, 2023 6:16am Nov 27, 2023 6:16am
Also no email from support for the last 6 hours I am waiting for on my Apex issue. Hmm..anyone ?
  • #26,628
  • Nov 27, 2023 6:28am Nov 27, 2023 6:28am
Quoting TrAndy1
Also no email from support for the last 6 hours I am waiting for on my Apex issue. Hmm..anyone ?
Apex customer support is not the best, but consider, too, it was just the extended Thanksgiving weekend and they are located in the US Central time.
  • #26,629
  • Nov 27, 2023 6:37am Nov 27, 2023 6:37am
Quoting CableJ
{quote} If available @ Topstep, you could trade AUD, GBP, CAN, EUR & JPY currency future minis (1/2 full contract size) & EUR & JPY micros (1/10th full contract size).
Unfortunately, it only has EU mini and micro, and... that's all. And even if it has all other currencies available, it is still hard to trade due to the max 5 contract size rule (it doesn't classify these types of mini or micro contracts, it's all count as 1 contract size)
  • #26,630
  • Nov 27, 2023 7:30am Nov 27, 2023 7:30am
Quoting HengkiTjen
FTMO spread are higher than used to be prop firm has change
I only have their demo account but XAU and indices seem exactly the same as they used to be, EU is 0.2-0.4 pips which seems ok to me but I don't trade forex so I don't really know if this used to be narrower. Where do you see wider spreads?
Money is made by sitting, not trading
  • #26,631
  • Nov 27, 2023 7:32am Nov 27, 2023 7:32am
Quoting TraderTero
{quote} From one of the channels: {image}
Does that mean the SL is now mandatory with FTMO? That would be quite unfortunate and make them no go for me
Money is made by sitting, not trading
  • #26,632
  • Nov 27, 2023 7:36am Nov 27, 2023 7:36am
Quoting TrAndy1
{quote} What ? Where is it on website ? That must be a joke from FTMO or ? Customized conditions per individual trader only to that one ? SL required now with FTMO, really ? It must be an individual customized condition to only one trader or ? Never seen like that on FTMO, it cannot be. Customized ??? Due to you recent track history ? Is that on funded account ?
I see, so an individual precaution rather then a new general rule. Though alarming anyways as similar emails might be sent to many other funded traders
Money is made by sitting, not trading
  • #26,633
  • Nov 27, 2023 7:39am Nov 27, 2023 7:39am
Tightest spreads, by far, are with the 5%ers........I'm at 0 right now on EURUSD, GBPUSD, AUDUSD, even GBPJPY is 0.6, GBPAUD at 1. Once again, this is one,among many, reasons props are so superior for US customers......go look up the spread on GBPAUD at Oanda, Gain or IG.
Yes, it is a cross, but two of my favorite forex pairs to trade are EURAUD and GBPAUD, so it matters to me and why would I pay 4-6 times the spread? For the regulation that does 0 to protect me?
  • #26,634
  • Nov 27, 2023 7:46am Nov 27, 2023 7:46am
Quoting CableJ
{quote} Higher spreads & commissions are probably way more acceptable to prop traders than increased simulated slippage. That being said, FTMO offering an unheard of (for them) 20% black Friday discount + higher spreads all of the sudden could be a worrying sign.
20% is exceptional for their public campaign, however, anyone can get one 20% purchase coupon anytime just by successfully completing their Academy program. It's not even difficult, you can do it within 1-2 hours. So in a sense, this level of discount has always been here for the more educated traders
Money is made by sitting, not trading
  • #26,635
  • Nov 27, 2023 7:49am Nov 27, 2023 7:49am
Quoting Vitore
{quote} I see, so an individual precaution rather then a new general rule. Though alarming anyways as similar emails might be sent to many other funded traders
The props do not want to or possibly can not payout the big payouts any longer. So now they will all throw the "above x % is gambling" bullshit. Once again, gamble all you wish while you keep paying for challenges but HOW DARE you employ that same strategy when funded? I mean look what TFT just did.....they have the dungeon now to punish those traders that are too risky for them.
Always remember, risky to the prop firm is simply a profitable trader.
We all know how these firms operate, we accept it for what it is. It will still amplify your personal account far quicker than you can on your own.
  • #26,636
  • Nov 27, 2023 8:04am Nov 27, 2023 8:04am
Does anyone here have experience with using EAs at FTMO? I have a free EA that I'm currently testing and seems to be reasonably profitable, but I have no idea whether FTMO would allow something like that since it includes Grid and Martingale in particular.
  • #26,637
  • Nov 27, 2023 8:04am Nov 27, 2023 8:04am
Quoting TrAndy1
How do you get Rithmic realtime data in Ninjatrader ? I deinstalled NT and then imported the license key and reinstalled. Everything done from setup description but only delayed quotes. Do I need to buy a Tradovate account therefore ? Or what I am wrongdoing ? What to do ? Also I cannot see my Apex account in chart trader too.
You should try Quanttower with rithmic accounts..... It's a more modern platform and has it's own built in copier. It does take some setup time to get it to your liking.

I have it set up with Apex accounts + AMP (Rithmic or CQG).

Below is an example of my setup using binds...

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  • #26,638
  • Nov 27, 2023 8:09am Nov 27, 2023 8:09am
Quoting pipmaster77
Always remember, risky to the prop firm is simply a profitable trader.
Given the amount of traders who lose anyway, a few profitable traders are certainly not "risky". Risk is when you have a business built on screwing people over. There's a lot of shit going on here, honestly. In addition, the successful traders are copied. I mean that's what they all advertise... So where is there any risk? Way too much conspiracy theories here without any real facts behind the statements.
  • #26,639
  • Nov 27, 2023 8:14am Nov 27, 2023 8:14am
Quoting CableJ
{quote} You should try Quanttower with rithmic accounts..... It's a more modern platform and has it's own built in copier. It does take some setup time to get it to your liking. I have it set up with Apex accounts + AMP (Rithmic or CQG). Below is an example of my setup using binds... {image} {image} {image} {image}
Thanks, but I cannot. I have Ninjatrader Indicators now and I need them to trade Orderflow.
  • #26,640
  • Edited 8:26am Nov 27, 2023 8:16am | Edited 8:26am
Quoting longcanlun12
{quote} Unfortunately, it only has EU mini and micro, and... that's all. And even if it has all other currencies available, it is still hard to trade due to the max 5 contract size rule (it doesn't classify these types of mini or micro contracts, it's all count as 1 contract size)
Yes I agree, the way they treat minis/micros vs full contracts makes zero sense.
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