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Posts Made By:
josh
Forum:
Traders Hideout
May 5th, 2024, 10:13 AM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
When you trade 1 and copy to 19 other accounts,...
When you trade 1 and copy to 19 other accounts, you take on the risk of 20 :) Surely you understand that. When you lose $100 in one, you have lost $2000 total, much like you have gained $2000 total...
Forum:
Traders Hideout
May 3rd, 2024, 10:05 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Yes, that is gambling behavior, and that's one...
Yes, that is gambling behavior, and that's one benefit of having a rule which prevents this behavior. That's my point. If they don't have money, they of all people need a rule enforced which makes...
Forum:
Traders Hideout
May 3rd, 2024, 07:36 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Well, some people can easily hang on for 20...
Well, some people can easily hang on for 20 points profit, but they might also be willing to hang onto a 40 point loser. Not sure that this alone qualifies one as "ready to trade"!
For your other...
Forum:
Traders Hideout
May 3rd, 2024, 07:05 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Maybe this is a good opportunity to discuss that...
Maybe this is a good opportunity to discuss that rule, which most people despise.
Let's look at Apex's trailing drawdown rule. Basically, it is calculated this way: the high water mark of your...
Forum:
Traders Hideout
May 3rd, 2024, 06:08 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
I respect your opinion and once held the same...
I respect your opinion and once held the same conviction you did.
What you may be missing is that everyone is not like you, and we are all on independent paths. While many will have a very similar...
Forum:
Traders Hideout
April 24th, 2024, 06:17 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
It's well known and even advertised that it's all...
It's well known and even advertised that it's all about the order flow data. Top Step even says something like "your trades inform our trades." The entire business model depends on that.
When...
Forum:
Traders Hideout
March 31st, 2024, 09:53 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
This is odd language. "Put in a short"? "Opposite...
This is odd language. "Put in a short"? "Opposite entry"? Apologies if English is not your first language.
Either way, this is likely a platform error, or almost certainly, an error you made. If...
Forum:
Traders Hideout
March 30th, 2024, 03:01 AM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Let's step back for a minute. You say, "your...
Let's step back for a minute. You say, "your orders are probably going into a bucket and are not being transacted on the market."
First of all, I don't think any of them claim with the "simulated...
Forum:
Traders Hideout
March 19th, 2024, 11:54 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Thanks for adding the detail. I would just note...
Thanks for adding the detail. I would just note that the first month may be discounted 90% and is $17, but I think the renewal will be at an 80% rate, so, subsequent months after the first will be...
Forum:
Traders Hideout
March 18th, 2024, 12:41 PM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Your math looks correct, but I was not implying a...
Your math looks correct, but I was not implying a compounding approach and scaling. My calculations were done just on a fixed risk, so that in week 10 you're still risking $75 per trade as you were...
Forum:
Traders Hideout
March 18th, 2024, 11:14 AM
Replies:
113
Funded Trader platforms
Views:
7,028
Posted By
josh
Let's consider a more optimized scenario, because...
Let's consider a more optimized scenario, because $99 a month is too much, and $3000 LL with a $6000 PT is not optimum at all.
Consider instead a $50k evaluation account with a $2500 loss limit...
Showing results 1 to 11 of 11
What unexpected challenges have you encountered while trading on a "Funded Trader" platform?
Unrealistic rules and requirements
45%
(71 votes)
High platform usage fees
16%
(26 votes)
No significant challenges
14%
(22 votes)
Lack of support or mentorship
12%
(19 votes)
Something else (discuss in thread)
7%
(11 votes)
Limited trading instruments
6%
(10 votes)
Total votes:
159
Discuss Poll
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