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A Successful Forex Trader Here to Help You
ialhamdazeez posted:
may I ask you about trading with prop firm. I you have experience with it. I am trading successfully also with my account. But on prop firm if you have an account with 200000$ and you want open a position with large lot, for example 10 or 20 Lot on eurusd. would it be hunted? regardless the risk management and etc... I mean, can someone detect my position and play against it? for example in Advanced smart Dom and Order book. How the traders are trading with these such accounts? should I use icerberg orders to place such positions with 20 Lot or it is not worth
I did not understand your question exactly, so I would like to ask you to tell me in more detail, but I must say that if the real estate company you are working with is reputable, you can trust it and proceed with your work by carefully managing the amount of risk to capital, observing financial management, and without greed. Have you passed it and if not, at what stage are you?
You mentioned concerns about your positions being "hunted" when trading with a prop firm. Are you referring to slippage and spread manipulation by the broker, or are you worried about larger market participants targeting your trades? Also, are you using a firm that offers direct market access (DMA) or one with a dealing desk model? That could make a difference in how your orders are handled.
