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  1. W

    If you are a day trader with a persistent edge, are you a millionaire yet?

    Assume one has a solid edge on day trading ES, assume he need to use stop order frequently.Assume he trade $10000 per contract. What is amount of money he can grow before he encounter liquidity constrain? Assume he can tolerate one tick slippage?
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    Earn2Trade Founder Charged With Fraud

    People pointed out that a 25000 account is really a 2500 account, because they only allow you to trade 10% of 25000. But no one seems to pay attention that the requirement to make 10% in two months is really a requirement to make 100% in two month. Because a trader needs to make 2500 with 2500...
  3. W

    My attempt to earn a funded account with Earn2Trade

    You messed up everything. The 10% drawdown is what matter the most.To avoid breaking 10% drawdown ,one needs to lower leverage significantly. From my experiences, 1 mes for every $10000 is most you can trade in order not to break 10% drawdown.While in a live account you can trade 1es for every...
  4. W

    AMP free platforms?

    Use MT5 & CQG ,mt5 chart is good enough for me.
  5. W

    Earn2Trade Founder Charged With Fraud

    You didn't read my post, did you? I gave a scenario that the comparable live account is funded with $429, the same as challenge fee,now you said it lose $3300, which means the account is $33000? (3300/33000=10% loss)
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    Earn2Trade Founder Charged With Fraud

    1.Check out brokers with low spread( like the one I recommended). 2.Watch quote from another source while trade on a forex account.
  7. W

    Earn2Trade Founder Charged With Fraud

    I know, I know. In another forum where many posters said they wanted to take FTMO contest and it is easy to pass. There is a FTMO free trial with the same rule. A couple of posters said they passed the free trial in 2 or 3 days. And they upload their trade details. One guy loaded 40 contracts...
  8. W

    Earn2Trade Founder Charged With Fraud

    Did he tell you what size he trade? A prop firm on this forum offers free contests with the same rule as funded account challenge.The one I participated was a two day trading contest. I made 30% in two days and thought it should enable me to get the first 3 places. It turned out the top 5 places...
  9. W

    Earn2Trade Founder Charged With Fraud

    I will show you guys trading for a funded account is a worse option as compared with trading with your challenge fee. Assume traders A and B have the same trading skill level. A pays $429 to earn a funded account. B trades on $429 at a small forex broker account, which allows him to trade...
  10. W

    Earn2Trade Founder Charged With Fraud

    If you trade your own account you would lose $3300 if you can't make 10% in two months while not exceeding 10% drawdown? You are compare apple with orange. What you are saying is that I will cut my finger because otherwise I will not hold myself from cutting my leg. There are many better...
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    My attempt to earn a funded account with Earn2Trade

    From what I watched other funded account journals on this forum. The traders on average paid 5-10 reset and all of them quit at the end. ( never see a journal that ended up successful) On another forum I saw like 20 traders who took FTMO challenge,most of them said it is easy to pass.It is 3...
  12. W

    My attempt to earn a funded account with Earn2Trade

    FTMO has a statistic on this: only 8% of all traders who took their challenge passed. You have Earn2trade guy here, and why not ask him to disclose this information?
  13. W

    How long should you backtest a day trading strategy?

    "All I am trying to do is make 1-10% a day. Thats not difficult." Only a newbie dare to say that. A calf is brave when it faces a tiger for the first time.
  14. W

    Best Forex commission rates?

    "The $10m in assets is a regulatory requirement for U.S citizens to trade spot forex." https://www.elitetrader.com/et/threads/interactive-brokers-and-forex.328582/ "I wouldn't be surprised if their trading is only simulated and never executed." You made my day.
  15. W

    Best Forex commission rates?

    IB's total trading cost is the lowest but IB requires 10 M to trade forex. If you don't have 10M, Coinexx is the lowest trading cost FX broker that no one can beat. https://coinexx.com/ EURO spread 0.1 pip, commission $2/lot round turn. 1/500 leverage.So their total trading cost is 0.3 pip...
  16. W

    Problems countertrend trading the index futures

    Your method is not going to work. If this kind of trading method works, there won't be only 1% of daytraders to make consistent money. There will be 80%. You go to a casino to play roulette, buy 36 numbers out of 38, you will have +90% probability to win each game, but will eventually lose...
  17. W

    Which Forex Broker ?

    No regulation allow 1:500 leverage. If you want 1:500 leverage and tight spread, no broker better than this one, which is unregulated: https://coinexx.com/?franchiseLead=MzkxNjg5 But if you only want regulated FX brokers, than forget tight spread and high leverage.
  18. W

    AMP Futures Now Offers our Customers FREE (No Charge) ACH Withdraws

    ACH out is reliable and fast. I also tried putting AMP ACH information in my external account, with two zero added to their account number, which worked. In the"description" field, write : For further credit to:my name and account# .
  19. W

    Question about AMP Futures fees

    Profit 3 point a day, es account profit $150-commision,mes account $15-commission,how you get mes account grow quicker than es account?Your table is wrong on mes account profit number.
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