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TrAndy1 replied Jul 28, 2024This whole industry is made of cheap. It is like buying $1 for a pair of shoes from Kongo or China. They barely pay $400 per month for a support staff. I guess it is even lower $200 for a humans work. Then they need to write in english of course but ...
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TrAndy1 replied Jul 28, 2024As long as such proven amateurs are in such a poop firm, you can only expect the worst. To be honest, I would not give them a dime if they had a brokerage behind.
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TrAndy1 replied Jul 28, 2024For example at Heldental prop you can get realtime best traders trades, but you need to pay the hole nonsense course with them, so $5k or so, to get those data. It is I think only some stocks intraday. But they also offer FX and Futures. Do not know ...
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TrAndy1 replied Jul 28, 2024It cannot be so difficult. As big prop firm they have access to all trades. Just take the top 5 traders and then go +1000% with them, so 10 fold their size. It is possible if they do not scalp. If they trade liquid instrument you could also trade ...
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TrAndy1 replied Jul 28, 2024Yeah, like FXIFY as broker based FX poop is doing it from a smaller level already. Just do not get it. Why not A-booking those and make a ton of money WITH THEM ?? I mean if I had access to those traders data and I see such consistency I would bet ...
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TrAndy1 replied Jul 28, 2024That is the other thing you and everybody else need to calculate in too. Because when you cannot trade for that long time as it is usualy nowadays even for many FX props, where you are waiting weeks for trading again. You can miss a lot of good ...
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TrAndy1 replied Jul 28, 2024That is ridiculous. That is no HFT, just multiple entries. And you are not placing 100s of orders such kind. So telling you, you would spam the order book, hahaha. Also there is no terminology around spamming, there is spoofing, but that is of ...
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TrAndy1 replied Jul 27, 2024Even I disregard any taxes the difference before taxes is €13155 on personal account versus €14137 trading on funded prop account on a 200k FTMO. So I have just 7.5% more profits on funded accounts. But I have all the rules which are not reflected ...
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TrAndy1 replied Jul 27, 2024Why I cannot join FTMO or why it does not make sense for me as German trader ? Reason: Taxes. Euler Figure is 2.71828. So for 10% and 5% target on 10% max. DD for challenge with a tag of 1080 Euro on a 200k account at FTMO, it is equivalent of ...
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TrAndy1 replied Jul 26, 2024Angelo must secure that he is ruining the futures prop arena too, after he was forced to step down from his FX prop. If the self called Big Boy Angelo must step down then please also the complete industry. R.I.P. to Futures prop industry. ...
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TrAndy1 replied Jul 26, 2024More reviews should lower the standard deviation of wrong interpreted results. E.g.on Darwinex(zero) the number of reviews in the last 30 days is too low here. Overall it should give some indication how good the prop firm is. But this is one of my ...
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TrAndy1 replied Jul 25, 2024I have no good broker insider knowledge what is going on inside and how do they operate really, if you mean that.
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TrAndy1 replied Jul 25, 2024Wanted to share one personal indicator for prop evaluation, one of my latest ones. So here it is: I look on the last 30 days reviews on Trustpilot of any prop and then look at the percentage of 1 star reviews to the number of all reviews. If that ...
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TrAndy1 replied Jul 25, 2024Yes and they, FundedNext, are operating from Bangladesh. Seems so shady. They only have an address in the UAE, not even a physical office in UAE I think. So in case you wanna complaint or go to court in a case they, the UAE courts cannot punish ...
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TrAndy1 replied Jul 25, 2024Also b-booking only FX brokers does not work we know from past. They will make withdraw problems, when you make too much profits as a trader there. Because b-bookers only cannot offload the risk tio third parties which is required when a trader is ...
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TrAndy1 replied Jul 25, 2024Yes, because i think it affects the payout safety from any prop. Without A booking or just 100% b booking there will be no sustainable prop business model, in the way how it is designed actually. But it must be done clever of course like the big FX ...
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TrAndy1 replied Jul 25, 2024Meta Platforms is down -15.5% from its high Amazon is down -10.3% from its high Nvidia is down -19.41% from its high Apple is down -8.18% from its high Alphabet is down -10.39% from its high Microsoft is down -8.70% from its high Tesla is down ...
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TrAndy1 replied Jul 25, 2024I think the local low is in for SP500, almost a 5% correction from top and Nasdaq around 10%. Just todays low touched the lower trendline support. Expecting 6000 point hit on SP500 by September now. If SP500 hits 6200 by October or earlier I should ...
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TrAndy1 replied Jul 25, 2024Yes the FundedNext dashboard is not working properly. It does not update for days especially when you are funded. And then the daily losses are accumulated so you get breached falsely easily. Then you need to deel with the support, it takes many ...
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TrAndy1 replied Jul 24, 2024Just one thing if there is real investor money behind you need a license in nearly all countries of the world, except the Cayman residents and same sorts of. It is just not regulated so far, but if there is real money from investors behind this ...
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