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TrAndy1 replied Sep 7, 2022Just wanted to know how much volume in lots is needed to move FX majors. I heard that half a yard hardly moves the EURUSD. So I do not know if there is much difference to EBS/Reuters Dealing in comparison to Retail Brokers like IC Markets or ...
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TrAndy1 replied Sep 5, 2022Blueforexfunds is the prop firm I hesitated to name here, because of negative comments. But the score goes up to ca. 11 on second month funded account. So lets see.
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TrAndy1 replied Sep 5, 2022Cannot help you from here. You need to find your own way with my tables. I am not doing this actually, but I am deliberating how it could be implemented for me too.
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TrAndy1 replied Sep 3, 2022So far not anyone from here in this thread. But you might have a look on the testimonials on trustpilot here url
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TrAndy1 replied Sep 2, 2022Of course I do not know the details how this new prop firm can deal with the broker FXCH. But when they say it on website I do not guess they do not tell the truth. Also if everyone would wait until a firm is really PROVEN then it would take too ...
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TrAndy1 replied Sep 2, 2022They also use a different broker. "Our primary broker is url This is a 0 COMMISSION BROKER with RAW SPREADS." Also Takisd is always negative when a new prop firm is mentioned. I never heard any positive argument or comment for anything except FTMO ...
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TrAndy1 replied Sep 2, 2022A new unheard prop firm here. The overall score for the aggressive variant is 6.66, which is high. Anyone can say more, it is scam or not ? url
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TrAndy1 replied Aug 30, 2022url ...Thai YouTuber Allegedly Cheats Forex Investors of $55 Million. That happens to Instagramers and Youtubers. Just stay aware as you do not learn anything here. You can only make costly mistakes here. That they attract so much...
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TrAndy1 replied Aug 29, 2022Just to make an illustrative example how any prop firm can go bust by position sizing intraday within 1 day, I took the S&P500 as symbol with a 20 point or 0.5% as trailing stop and 4% TP move intraday (160 points here). Every 0.1% or 4 points a ...
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TrAndy1 replied Aug 29, 2022So my thought as workaround of larger lot size increments which needs to be added for the instant position sizing method, I see three options. First you need to divide the large lot size into smaller pieces and thus need to add sooner in smaller ...
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TrAndy1 replied Aug 29, 2022Here are instant Position Sizing examples with RRR 3:1 and 4:1. I do not go beyond that, because then those trade setups become to rare. You see the the differences. image image Of course the increment in lot sizes get too large after some ...
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TrAndy1 replied Aug 29, 2022Here is one example calculated with 2:1 RRR with 10 pips SL, Risk $1250 on this trade and 19 steps for each 1 pip added lots. Not 100% instant but a good proxy. Here you see from instant Position Sizing that your initial risk of 10 pips lead to ...
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TrAndy1 replied Aug 29, 2022Well done by having a >3 Sortino strategy. That means your chances are high, that you can pass Phase 1 on any prop firm challenge. Maybe MFF is your favorite one.?
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TrAndy1 replied Aug 29, 2022The good thing is the risk is always constant here. It is '1 R' (or those 10 pips intial risk as trailing stop here). So you increase your chances but not your initial risk. You can also think of variants here. If you want to set your SL to ...
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TrAndy1 replied Aug 29, 2022Sorry, but if OutThere is only out here to make a dispute with each other, that is not constructive to anyone. It only looks like that he cannot meet Phase 1 criteria by trying it hard. But consistency can only be achieved with persistency. So do ...
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TrAndy1 replied Aug 29, 2022I think I could answer all of your questions, but I do not understand why do you ask those ? What is real purpose or intention to ask these questions ? Tell me more.
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TrAndy1 replied Aug 27, 2022For friends of the idea of position sizing or scaling there is still one thing to mention to make this thought more complete. You can also do instant scaling in, meaning that on every point or pipette your position goes in favor making a new high ...
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TrAndy1 replied Aug 27, 2022Just to make it clear why every prop firm can go bust, I put the numbers more clearly here. A 6:1 Reward-Risk-Ratio trade with a trailing stop and scaling in on every 1 (Reward in favor) means a 63:1 RRR when it works out. It is not something ...
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TrAndy1 replied Aug 27, 2022What I mean is that the FTMO recently seen large payouts is not a FTMO lonely problem. Their balance rule favors swing traders and it is easier to scale in swing trades when you have more time and room for the market to take a breath when one is ...
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