Josh Dentrinos - NOT SUPPORT

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Josh Dentrinos - NOT SUPPORT

Josh Dentrinos - NOT SUPPORT

@PropJoshD

20 year FOREX veteran. Brokers, trading, Prop Firms. All opinions are my own. Previously of @MyForexFunds and @ATFunded , Founder of TraderFights

Katılım Ekim 2024
57 Takip Edilen2.8K Takipçiler
Josh Dentrinos - NOT SUPPORT
If anyone is really interested in banking on the futures prop firm industry, make a stand alone trading platform, get futures contracts into it (its not that hard if you know the right people) and charge $2.50 per user per month. Make your product better than the trash that exists out there currently and you can retire your grandma. There are multiple LP's from the CFD's world that will give you futures access for pricing for a small fee (and yes real futures not futures CFD's). Features to include: - Price that doesn't lag - Feed that doesn't freeze - Auto zoom so you dont have to pinch your screen 500 times a day - internal copy trader for multiple accounts - more modern alert sounds - High speed account opening (it shouldnt take 5 minutes to produce an account). You could even add features that are prop specific that help traders, most of these features should be a day or two programming like account lockout and trading session manager. Build this, price in that way and you have completely undercut the market. It makes it affordable for more props to spawn as well and you will make a million or two a month bottom line.
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Mat
Mat@MTradingX·
2 more cfd props are completely insolvent and 3 futures props are completely insolvent.
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Josh Dentrinos - NOT SUPPORT
I’m in for France. I hope Mbappe scores 20 goals and kills spains boring football. I also hope England 6-0 Argentina so we can have a nice exciting final.
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The Cigarette Man
The Cigarette Man@str0ngl4nd·
Yes, the browser is a very capable container these days. But there are platforms and there are platforms. :) Tradingview is not a trading platform, by design. It's an awesome charting platform but with very basic trading features, which is why it is coded in Typescript. Convenience. But if you load up basically any crypto-exchange platform, what you are actually seeing is a C++ application loaded through WebAssembly, and that comes with very, very different levels of performance, latency and reliability.
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The Cigarette Man
The Cigarette Man@str0ngl4nd·
@PropJoshD One would need experienced AI engineers in combination with software engineers from niches such as banking, trading, aviation, robotics, high scalability, etc who can gate-keep anyone with a web app mindset or it will fail miserably. Reliability engineering = different mindset.
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tradinggod2.0
tradinggod2.0@tradinggod2_0·
@PropJoshD MLL/dll can be disrespected but system will still catch the equity. Even if positions close in profit firms account will still be auto liquidated due to hitting MLL/dll
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Josh Dentrinos - NOT SUPPORT
I wonder if these futures platforms have the same issues that some of the CFD's platforms had where they don't execute the MLL or DLL and in volatility traders who should have been breached get profit instead?
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Sean Bainton
Sean Bainton@seanbaint·
@PropJoshD The good thing about futures is you can set the settings directly on platforms rather than relying on dodgy tech
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Josh Dentrinos - NOT SUPPORT retweetledi
Ash Supreme 💹
Ash Supreme 💹@thenasdaqtrader·
@PropJoshD Yup. Happened to my once. Tried to pass Apex eval on CPI when the price should've wicked me out but my MLL never reached there & ended up in profit.
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MarketEmotionsFX 📉
MarketEmotionsFX 📉@Market_Emotions·
@PropJoshD @MTradingX I don't get it. If one didn't have funds or set aside funds to pay when they pass, why would they even start the challenge to begin with?
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MarketEmotionsFX 📉
MarketEmotionsFX 📉@Market_Emotions·
Payout #2 from my Funded @HolaPrimeGlobal $100K account 🔥 LFG Not a huge sum by any means, but we stack 💰💰💰 Been seeing a lot of negativity on X last couple weeks with @HolaPrimeGlobal, but I haven't experienced any issues myself. And for those who say it's because I have a "big" follower base, I didn't experience any BS even before the firm could possibly have linked my X to my identity. I use gentle lot sizing and low SLs, I also avoid betting all my profits from a single trade. Perhaps this helped me avoid issues? Not sure, but I can only speak transparently about what I experience and the payouts have been going out the window fast ⚡️ I must note though, currently it seems like there is no RISE or Crypto available due to maintenance. But I requested via Bank Wire and this was processed in 35 mins 🥵
MarketEmotionsFX 📉 tweet media
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Josh Dentrinos - NOT SUPPORT
@MTradingX You don't get refunded if you can't afford to pay when you pass. I hope that answers the logic for you. They are also very expensive on net.
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Mat
Mat@MTradingX·
In props Pay after you pass may be one of the worst ideas I ever seen in the CFD prop industry. If a customer has no money to pay for the initial challenge then they will have no money to pay if they pass... Also from company perspective it makes 0 sense.
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