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TrAndy1 replied Oct 7, 2023Jeez, you need to look at the profit goals to meet here. You need to flip two times first. So the score is less than 1. This is like daylight robbery and pure crime. You can also give me $100 bucks and I will exchange it with $50 at once. This is ...
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TrAndy1 replied Oct 7, 2023Your machine learning on this orderflow data is like curve fitting. Of course you will find something when backtesting and optimizing, like always. But this is highly likely non predictive. As I said because the market is dynamic and also the ...
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TrAndy1 replied Oct 7, 2023From my understanding, there are so many different styles of trading and so many different types of traders with so many different symbols and timeframes etc., that this is like analyzing the market itself. As also most of this trading also is like ...
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TrAndy1 replied Oct 7, 2023Maybe you are right. I did not check this. But it is not all bad what he is saying and demonstrating. I have watched all mentioned videos to the end. My two cents.
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TrAndy1 replied Oct 7, 2023I think it is too hard for any non professional trader and non quant to make any use of orderflow data from funded traders. It could be so much random and across multiple shifts/structure breaks on different market behaviors, that you cannot get out ...
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TrAndy1 replied Oct 7, 2023I also see more and more rules are coming. The no martinale, no grid rules etc. are not designed to help you as trader but to keep all the challenge fees. Because if a strategy does not work, why not let the trader find him out. They would pay the ...
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TrAndy1 replied Oct 7, 2023They also have a all or nothing rule, where you cannot pass in a few trades. Then you need to do the challenge again. Have not seen how they handle this on funded accounts. This rule is not clearly defined at all and very discretionary. Market is ...
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TrAndy1 replied Oct 7, 2023Some more info about detailed statistics on MFF (and also TFT). I find this video interesting. video
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TrAndy1 replied Oct 7, 2023The last part could be interesting in this video below explaining the prop firm business model especially of copying trades. They say they have two risks, B Booking good traders and A booking bad traders. That is the key takeaway here you need to be ...
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TrAndy1 replied Oct 7, 2023Lark Funding is the relative winner after 5ers, but I do not understand that. They have a garbage offer. The score is very bad. The Score is around 1 on their 3 step offers. And the other offers have trailing max. drawdown, which makes it more ...
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TrAndy1 replied Oct 7, 2023The problem of those prop firms, is that they offer fixed payouts split percentages in exchange with floating incoming fees from bought challenges. That can only work, as long as the floating income stream of fees does not abrupt goes down. Or they ...
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TrAndy1 replied Oct 7, 2023The only way FXIFY could survive would be my above described model in some posts earlier. Then they only need to adjust profit split to survive, from lower incomes.
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TrAndy1 replied Oct 7, 2023FXIFY does not have a chance to survive if that number is correct interpreted that they had -40% lower income from challenge fees in September like CableJ has shown. All the other prop firms except US based TFT and MFFX and of course MFF had gained. ...
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TrAndy1 replied Oct 7, 2023YES! As long as I can make money from trading the answer is yes. I only care about my trading profits. Anything else is meaningless to me. I would share any other ideas. And this orderflow thematic you cannot make money as trader out of it. You need ...
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TrAndy1 replied Oct 7, 2023So that you all understand what is the edge ratio, here are two good articles on it. url url
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TrAndy1 replied Oct 7, 2023Just to give you my idea for free. I think the edge ratio would be very useful to determine if a trader can be A-booked or has useful orderflow. The edge ratio means, how one can enter and exit a trade in relation to its high (profit) and low ...
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TrAndy1 replied Oct 7, 2023You do not have to be specific, I did not ask for that. I only wanted to get an impression how this could be done. Sorry.
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TrAndy1 replied Oct 7, 2023Can you say what kind of strategies it should be (overall) to make some money out of orderflow then for the prop firm ?
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TrAndy1 replied Oct 7, 2023No, a refund is not enough. If you need to flip your account first, then this needs to be fully recognized on any refund, so that the refund is at least 200% or better 300%. Then this would mathematical equivalent. Otherwise this is loosing business ...
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