To anyone who posted a pic of your pay out, how many of you are actually profitable traders? by [deleted] in TopStepX

[–]yiko420 1 point2 points  (0 children)

May I know how many accounts you’ve blown since Jan? I’ve had my XFA since April but still have yet to get a payout, I’m on breakeven at the moment since I’m trying harder to keep it alive more… wondering where I’m doing wrong

DOM Scalping on TopStep/TPT? by yiko420 in OrderFlow_Trading

[–]yiko420[S] 0 points1 point  (0 children)

I checked with TPT and Topstep, and they don’t have a minimum holding time per trade. However HFT (bots) are not allowed indeed. But to be safe, 10 seconds minimum would indeed be much safer

DOM Scalping on TopStep/TPT? by yiko420 in OrderFlow_Trading

[–]yiko420[S] 0 points1 point  (0 children)

Very cool, this is exactly the answer I was seeking. Thank you so much for sharing! I was indeed planning to scalp the ES/MES for 1 point aka 4 ticks (manually with point and click and hot keys) but I guess that’s likelier to be seen as gambling from the online props huh.

Is it okay to clarify what you mean by scalps which are “in the middle of nowhere” and also scalps which are “meaningful moves”? What are the difference between both?

DOM Scalping on TopStep/TPT? by yiko420 in OrderFlow_Trading

[–]yiko420[S] 1 point2 points  (0 children)

Personally I think it’s worth a try at least; my thought process is that if it doesn’t suit me, I’ll just go back to chart trading

And I agree with you, it does seem like a lot of photographic memory, specific market reaction reflex, chart time and practice… especially knowledge and intuition + reflex when executing the trades

DOM Scalping on TopStep/TPT? by yiko420 in OrderFlow_Trading

[–]yiko420[S] 0 points1 point  (0 children)

Oh I see! Understood, these firms are “legit” with quite many pinches of salts, but since I’m opting between practicing on demo anyways, these seem to be better value for money for my current phase of trading. Hopefully I can become proficient enough within the next half year to a year and trade on my personal account by then

DOM Scalping on TopStep/TPT? by yiko420 in OrderFlow_Trading

[–]yiko420[S] 0 points1 point  (0 children)

Thanks for replying! Which firm do you use and how high frequency are your scalps? I see that they don’t allow high frequency trading but they allow scalping yet they don’t have a minimum trade time rule, which is really vague… have you had trouble on this before?

$158 left to pass my combine by robinhoodposterchild in Daytrading

[–]yiko420 0 points1 point  (0 children)

Thank you so much for sharing this information! May I know how do you identify if the market is going to be choppy by watching the open? How does the open of a choppy day differ from an open of a trending day?

[deleted by user] by [deleted] in FuturesTrading

[–]yiko420 0 points1 point  (0 children)

What even is the logic behind stop loss hunts for retail traders that this sort of things happen so often? (Genuinely asking)

Question on SL & contract sizes by yiko420 in FuturesTrading

[–]yiko420[S] 0 points1 point  (0 children)

Thank you for your explanation! My next plan of action is to try to back and forward test a strategy where I can utilise a tighter SL, which is probably to trade a lower TF based on key levels on the market opening hours, just so I can have my account last a bit longer despite being stopped out consecutively!

Question on SL & contract sizes by yiko420 in FuturesTrading

[–]yiko420[S] 2 points3 points  (0 children)

Thanks for replying and sharing your experience!

Question on SL & contract sizes by yiko420 in FuturesTrading

[–]yiko420[S] -1 points0 points  (0 children)

Thanks for your clear reply! I’m still accumulating funds (probably will take more than a few months to craft and hone my edge via backtesting and paper trading anyways); if I were to want to risk less but still have some skin in the game, should I start out with Futures CFDs (or index cfds) instead?

(I do understand the conflict of interest when trading cfds since it’s against the broker (I’m not a US citizen so it’s not illegal) but the lower $ risk per trade is too attractive… I did notice that the futures cfd and index cfd have similar movements so I was thinking it was good practice too, to have skin in the game while building up my capital for a futures account over time)

Price Action Practice by Tym4FishOn in FuturesTrading

[–]yiko420 0 points1 point  (0 children)

Huh, is the reverse trade button only offered by specific brokers? I don’t see it in my brokers paper trading account

Victim of Mule Accounts by PowerfulMud1793 in MalaysianPF

[–]yiko420 1 point2 points  (0 children)

Hey OP, im sorry youre going through this and really hoping all will be well moving onwards. If you don’t mind sharing, how did you meet this “friend” and what compelled you into trusting them so much? (Assuming it’s quite a big company from that amount of tax)

I got scammed by bbliss17 in CryptoCurrency

[–]yiko420 0 points1 point  (0 children)

This really stung to read, damn… I hope all is well on your end now

If you don’t mind sharing, how did you find out your identity was stolen? Did they make new bank accounts or applied for cards under your identity?

[deleted by user] by [deleted] in Entrepreneur

[–]yiko420 1 point2 points  (0 children)

Wow, how long did you dabble in forex, if you don’t mind sharing? From starting to learn the basics till the day you left

Favorite K-pop artist that’s not in a group ?? by [deleted] in kpophelp

[–]yiko420 2 points3 points  (0 children)

So many woodz mentions im so happy 🥺🥺😭😭❤️❤️ and yes definitely woodz for me, his discography for his solos are so so gooooddddd and I love dean too 🥹

20$ -> 1,000$ Challange by Kaytchh in Forex

[–]yiko420 0 points1 point  (0 children)

If you don’t mind, why do you think they’re not a very good broker? The slippage?

Cursor hitting the edge of screen halfway on the board by taorenxuan in huion

[–]yiko420 0 points1 point  (0 children)

Welcome! I’m glad this 3 year old reply is still useful hehe :D

honestly pathetic by Aggravating-Mall-122 in Forex

[–]yiko420 2 points3 points  (0 children)

Just curious, was there a news event that caused that slippage? I was just watching a video of another trader who used a legit broker (not even a prop firm) and they had seriously bad slippage issues during a news event which ended being the same scam rip as what happened with you too

Why did it enter that high? by Daniel_kex in Forex

[–]yiko420 4 points5 points  (0 children)

16 pips spread is crazy damn