Anyone interested in trying to get this thread going again? I'm using MT5, anyone recommend an indicator (free) which provides alerts for 123 pattern?

Hi all, The psychology of trading a prop firm account is so different to a normal trading account. Based on trying to reach a target and protecting a max DD. How are people creating a staking plan? For example are you risking a different % when the ...

Can anyone identify any other firms apart from Funded Trading Plus that has static overall drawdown? FTP looks reasonable apart from the 1:30 leverage. Otherwise appear to have a bit going from them, i.e. no news restrictions etc.

Thanks for clearing that up. Too good to be true. Have you looked at past trends and the rates of pullbacks? Ie 500 pip up trend x% of time max pullback is 50 pips etc.

Mate well done on a very informative post!! Just re the image when u say retrace 10 pips where is thos measured from? The high of the previous candle, the close erc??

just wondering thoughts on the current political climate has on this pair. I guess Aussie tied to GOLD, you would expect the pair to go up with uncertain Trump vs Nth Korea. If things do escalate, will $$ rush to gold from US $, thus making a long ...

Very true and that is why the psychology of trading is so important. That certainly is spelt very clearly in videos.

Hi Davit, Took a bit longer to watch all 4 videos then I thoughts, however very glad I did. I think you may have mis-understood my earlier post!! I'm not trying to improve your edge at all. I'm trying to improve my knowledge of the markets to find ...

Very much appreciated young man i will watch these. Im curious that there could be a "better" way to look at the prob of market outcomes. I will certainly get back to you. Nearly midnight here so will fall asleep listening to video 1. Cheers mate ...

Great thread. I love traders who focus on probabilities. Can you provide a practical example including % likelihood in a trading sense ie if A occurs then X% chance that B occurs etc. Just discovered this thread so lots of reading and setting up MT4 ...

I believe the pair was A/U so 13 pips is way too much for that pair. Should be more 3 or 4 pips at most

Time for a new broker mate!!

Congrats bk8 on what you have achieved so far and your willingness to assist! Just re your comment here, have you looked into your av loss pet trade and ave won pet trade yet? Also have you a % figure of wibs vs losses vs B/E trades? Doing this may ...

What a thread!! I've managed to successfully load and format the speedometer_v4c excel file and it appears to be refreshing data. With so much to take in, is there a summary on this thread of how to practically trade each of the sheets contained in ...

Great feedback guys. I too have a few q's re these % quoted. I'm aiming to complete some code during the next few weeks to test it. I'll be assuming that a trade would commence as a buy entry after the completion of the engulfing candle. S/L would ...

Hi Guys, Great thread! Wondering what you think of the following chart? is if possible to prove the 84% mentioned here? If yes, surely that could be used to trade as an edge? What are your thoughts? image

Very helpful thanks ill do that and see how i go

Hi JP! Sorry I think you may have misread my request (or perhaps I didn't explain myself correctly). Thanks for responding with so much detail. I've actually been trading for many years (however not as successfully as I would like). Ive discovered ...

Hi JP, you are doing a great job with this thread. As someone new to this thread, do you have a recommendation as to certain posts or pages to read, to get going as quickly as possible. Obviously lots to read to a point in the right direction to get ...