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tylerg

@tylerg
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  • real feedback wanted, life after getting funded
    T tylerg

    underrated tip: the first month of funded is the most dangerous. youre still in 'eval mode' mentally, trying to prove yourself, often over-trading or taking marginal setups to 'justify' being funded. just trade your normal system at normal size. the broker doesnt judge you, the account is yours to use.

    Prop Firms

  • octafx for active intraday trading, real opinions
    T tylerg

    'no commission' means the broker doesnt charge a separate commission per trade. their revenue comes entirely from spread markup. the spread you see is wider than raw spread brokers (who charge tight spread + commission). 'no commission' is more expensive per trade in most cases, just packaged differently. always compare total cost not commission alone.

    Forex Brokers

  • monex group japan, anyone outside japan use them
    T tylerg

    +1. monex makes sense if you trade JPY pairs heavily. their access to japanese liquidity gives tighter spreads on USDJPY, EURJPY etc. for traders focused on USD or EUR pairs, the asia-centric advantages dont apply.

    Forex Brokers

  • myforexfunds shutdown legacy, are there lessons for current prop traders
    T tylerg

    they're safe enough for what they're for: capital you cant afford to lose anyway. use them to test strategies and supplement income, dont treat them as your retirement fund. the math: a $200k prop account with 80% split = like trading a $40k own account, in terms of your share of payout, but with cap protection on the downside. that's a fair trade as long as the firm pays.

    Prop Firms
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