- Search Energy EXCH
- wmwmw replied Aug 11, 2022
I assign $15000/ ES contract. If you want to cut drawdown to 15%, just reduce your leverage to $30000/contract.
Prop Firm Hub
- wmwmw replied Aug 11, 2022
1.What is your average holding time per trade? How long do you hold your actual long position in SPX? It depends on how long a short time trend lasts. I enter position at the start of a trend and sell it at the end of the trend. A short time trend ...
Prop Firm Hub
- wmwmw replied Aug 11, 2022
I don't want my strategy to be learned by other people. I would rather nobody knows how it works except myself. But I don't mind posting real time calls that people who trust my strategy can benefit from following my signals, and in the end I may ...
Prop Firm Hub
- wmwmw replied Aug 11, 2022
I have a swing trading strategy for SPX500. Had some real time calls here: url +80% win rate on 3:1 reward vs risk. Forex pairs are not good swing trading instruments, because they are now impacted by US equity.So their own trend are often ...
Prop Firm Hub
- wmwmw replied Aug 11, 2022
Did you factor in MFF's scaling up? Scaling up (To the moon) My Forex Funds offers a competitive scaling up plan so that we grow with you. If you have achieved a profit of 10% or more within a 4 month period and 2 of those 4 months were profitable, ...
Prop Firm Hub
- wmwmw replied Aug 10, 2022
SPX500 quote on MFF MT5 stop for past 5 minutes. I still could sell my position but have to stay sideline when it freeze. eru/usd quote is ok and I still trade it. Edit: SPX500 quote is back now.
Prop Firm Hub
- wmwmw replied Aug 9, 2022
Your prop firm account will never be locked up because a typical drawdown is only 10% of account value. So 1:100 leverage is actually 1:1000 leverage. That buying power is far more than enough.
Prop Firm Hub
- wmwmw replied Aug 9, 2022
Your concept is totally wrong. Leverage means nothing. You think leverage increase your money, which is totally wrong. There are some broker that offer 1:100 leverage, and some offer 1:3000 leverage. If you open an account at the later, doesn't your ...
Prop Firm Hub
- wmwmw replied Aug 9, 2022
For evaluation model, the funded account value is 20 times your fee. For rapid model, the funded account value is 1.6 times your fee(ultimately it will be 1.33 times of your fee.). So you get far less value on rapid account. When I first look at ...
Prop Firm Hub
- wmwmw replied Aug 9, 2022
You need to have a strategy that is specially for the challenge, and is more risky. If you have a personal account, you need to ensure that your account will never be blown up. But for a challenge account, it can be blown up, as long as the total ...
Prop Firm Hub
- wmwmw replied Aug 6, 2022
Yes, they all charge $2/lot round turn commission and 0.2 pip spread on eur/usd.
Prop Firm Hub
- wmwmw replied Aug 6, 2022
Commission is $2/lot round turn. There are quite a few offshore brokers offering $2/lot round turn commission and 0.2 pip spread on eur/usd.
Prop Firm Hub
- wmwmw replied Aug 6, 2022
These tow are similar but coinexx withdrawal time is longer , I can tolerate that but it had 2-3 freezes of a few minutes in a month on their software, that may blow up my account if I have high leverage trades. That made my switch.
Prop Firm Hub
- wmwmw replied Aug 6, 2022
I see TD365 has 0.6 pip spread on eur/usd My broker spread on eur/usd is 0.2 pip.
Prop Firm Hub
- wmwmw replied Aug 6, 2022
They are not open to US customers. Also their spread can't match what I get from my broker.
Prop Firm Hub
- wmwmw replied Aug 6, 2022
"FRozen platform for a minute or two" This sure will makes me quit this broker. I switched from coinexx to forexturnkey jsut because coinexx had two freezes in a month ,each of them lasted a few minutes. What you did not consider is that , as ...
Prop Firm Hub