It is very important to have an EDGE that is rules based so that you doe not become subjective when you trade - it forces you to stay objective. With prop firm challenges, in in general in fact, I force myself to take 4 trades per day maximum. If ...

Indicators dont work in any case as it is after price already booked. Rather use real time indicators OHLC of every candle.

These are the best times to trade the indices. Unpredictable yes, if you don't know what you are looking for.

url I saw this review the other day but it is an 8cap white label

I would say get to 400k with FTMO first and trade it successfully for 6 months or more before worrying about other prop firms - there is of cause mff as well that can be used and I think for starters that is way more than sufficient.

I wish you all the best with this attempt, perseverance is a neccessary character trait to posess in trading. Without it there will be no long term success.

It was hit indeed sir, but I think the big drop is imminent.

This is probably not the right forum for this comment but I think EURUSD is a good short today just after the US CPI announcement due out shortly. Just posting this here because I saw Masterrmind's comment on going long on the pair earlier....

I am still learning to trade and read price action accurately. I believe I will be ready to take a prop firm challenge in 4 to 6 months from now. When I am ready, I will not need luck to pass both phases of evaluation as I will know exactly what to ...

Month1 = 75%, Month2 = 80%, Month3 = 85% - this is on Evaluation account.

Good idea...

I do know people than can trade and they run a signal service on the side. As long as you position your service correctly making sure clients understand you provide the service with no guarantees and you cannot be held liable for their losses and ...

Exactly, trading becomes tedious and boring when you know what you are doing....

Yes, you can register your company and trade in the name of a company.

Has anybody had experience with AudaCity Capital in the UK? ( url ). They have no challenge/evaluation programs, direct funding only after they had an interview and are satisfied with the experience of the trader. They start you with $15,000 live ...

It is also important to understand that there is no trading system that can guarantee no losses. You might decide to try a new system at a time when it will produce losses. It is not to say that the system is flawed. This is why it is so important ...

Did you take profit before price moved up against you?

I would personally only enter long on this pair after price has dropped below 0.90395 waiting for the correct time and correct signal.

It's only a pleasure LauraT - the idea came from Neilsdigest in another thread, I don't know if he is still active on FF. Enjoy.

I had a request from degolep to change the values in the RSI Trendstrength indicator when it turns red and green. I made the RSI value for Red and Green configurable in settings then each can have his/her own preference.