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TrAndy1 replied Aug 23, 2024In earlier days you could easily scale and trade on a lot of prop firms and have 5+ million on funded accounts which means 500k capital as allowance for drawdown. Do not fall for million accounts, it is just 10% of that or 8% depending on max. ...
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TrAndy1 replied Aug 23, 2024If you do not have 20k to trade on personal trade on prop firms. But then up to 50k and definitely from 100k on you need to trade also on your personal. Over time you will notice that you will see greater results on your personal than just trading ...
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TrAndy1 replied Aug 23, 2024video Scandal, FXIFY breached an influencer his 400k funded account waiting for payout because he traded same day on his payout and made a profit. Those scam artists.
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TrAndy1 replied Aug 23, 2024Yep, I am long too on EU. Should go above 1.1205 print. Swing longs on Gold too, it should reach around 2600 (Cash XAU) next week, still a +3% move from here now. Then I should also passed my combine or "200k prop challenge" doing it with my ...
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TrAndy1 replied Aug 23, 2024It is like when the body is full of Urin and then Powell is shouting: "Well, soon I am gonna to the toilet. The time has come." Man, he just should sit down and make all his s**t now. Waiting until the economy is bursting or what ? ...
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TrAndy1 replied Aug 23, 2024If Powell is reasoning, he should deliver a 0.25 basis rate cut already today. And maybe more on next September with another 0.25 cut depending on data. I mean it is already clear that there will a cut in September, so markets could be disappointed ...
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TrAndy1 replied Aug 23, 2024Looks much better than Darwinex or any prop firm challenge model. Did you ask support, about qualification criteria for entry and how much split and capital you get ?
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TrAndy1 replied Aug 22, 2024video How Eightcap caused problems to many prop firms, which could close them in the next weeks! Discover the shocking story of how 8cap’s attempt to outsmart MetaQuotes backfired, leading to chaos in the prop trading industry. image
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TrAndy1 replied Aug 22, 2024url Breaking: Sway Funded Acquires Another Struggling Prop Firm within a Month After taking over MyFlashFunding in late July, Sway Funded has now purchased Karma Prop Traders. The information has been unofficially shared on the prop trading firm's ...
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TrAndy1 replied Aug 22, 2024CFTC clashes with My Forex Funds over privileged info The lawsuit brought by the Commodity Futures Trading Commission (CFTC) against Murtuza Kazmi and Traders Global Group Inc., d/b/a “My Forex Funds”, continues at the New Jersey District Court. ...
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TrAndy1 replied Aug 21, 2024Is that a real account you deposited 1 million ? I mean that is huge.
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TrAndy1 replied Aug 21, 2024For your info I looked on timestamp milliseconds and the difference between 3 pips and 9 pips slippage was only 23ms more delay or 0.023 sec. Did not expect that.
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TrAndy1 replied Aug 21, 2024Now imagine you do not have 100ms normal latency with broker without VPS, but 1 to 2 seconds, which is the case for lot of props, when trades need to be executed. You see how much extra slippage you get on such news ? Impossible to trade this on a ...
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TrAndy1 replied Aug 21, 2024Also on prop firms you cannot trade usually on VPS with 1ms latency on their side. With brokers you can do. I had VPS on, so without I guess I had 100 points extra slip.
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TrAndy1 replied Aug 21, 2024What I mean is, the advantage trading with a broker is that my size is slipped accord to my size on news and not on aggregate positions like they do on most prop firms.
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TrAndy1 replied Aug 21, 2024Just as a side note. I got 3 pips slippage around for 15 lots, but the last 5 lots I got 9 pips slippage on that. Markets on such news are super tight. Beware if someone is trading 100 lots or more the slip would be much greater. Simply no liquidity ...
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TrAndy1 replied Aug 21, 2024I was 500 points in profit (FX), but then the news instantly wiped out all my profits and I got slipped as I had my SL on entry placed. It jumped 1100 points in few sec. Did not loose the whole $2k on that, but played around on Gold with no major ...
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TrAndy1 replied Aug 21, 2024Good, good. Too many fakes for me today. I lost 2k today. Not a nice day for me. Will see later this week, what I can profit from again.
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