So with 1 contact 1 tick is 5 $ ,1 pip with eu with 1 lot is 10$ so 1 contract 40 tick stop loss is 40 tick times 5$ which is 200$ so 40tick .25 is 10points
Sorry I also want to add, if you want to trade futures firms, WAIT. With what is going on in the US market, plenty of new firms are coming into the futures space, which means competition. All these rules you are seeing now on futures firms, for example the trailing drawdown will probably be gone in 6-12 months time. Why? Because new firms will want to attract customers to their business model with less restrictive rules. Give the futures space more time bro then think about it but for now stick with forex and FTMO.
Apex has 90% off right now
Topstep is legit
topstep is legit i hear!
So with 1 contact 1 tick is 5 $ ,1 pip with eu with 1 lot is 10$ so 1 contract 40 tick stop loss is 40 tick times 5$ which is 200$ so 40tick .25 is 10points
Im talking about nadq its so easy to understand the terminology and you have to be a scalper to be profitable wait for market open 9:30am est
Yes I can see that most people scalp on nadq. I’ll do some backtesting on that
bro did finotive go bad also?
I still have 1 account there but we had some payout issues...ahaha
Sorry I also want to add, if you want to trade futures firms, WAIT. With what is going on in the US market, plenty of new firms are coming into the futures space, which means competition. All these rules you are seeing now on futures firms, for example the trailing drawdown will probably be gone in 6-12 months time. Why? Because new firms will want to attract customers to their business model with less restrictive rules. Give the futures space more time bro then think about it but for now stick with forex and FTMO.
thank you bro. that's a valid point, competition will improve the trading conditions.
I just got funded with TOPSTEP yesterday
congratulations bro!