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Attachments: M1 Countertrend Scalping Strategy
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M1 Countertrend Scalping Strategy

M1 BTCUSD
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every minute matters!
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every minute matters!
M1 EURUSD
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every minute matters!
Reviewers,

Why are YOU not screenprinting your trades ?

Be confident, show us your trades soon.
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Quoting gringo2019
{image}
Hi Gringo2019,
I was wondering if you have ever tried any prop firm challenges. If you did, could you please share your experience? Thanks
acacialuc,
There is no value in Prop Firms today, too many have gone bust and they all use Demo Accounts with additional controls.
I make 5 to 10 % plus per day and I do not need more money. This is a part-time Business for me and my family.
Gringo2019
Quoting gringo2019
acacialuc, There is no value in Prop Firms today, too many have gone bust and they all use Demo Accounts with additional controls. I make 5 to 10 % plus per day and I do not need more money. This is a part-time Business for me and my family. Gringo2019
Great. Sounds like you are doing well for yourself. I was thinking about giving FTMO a shot and buy their 100k challenge since the daily permitted drawdown is around 5k, which gives us enough breathing room for our floating losses. What do you think?
acacialuc,
FTMO maybe the oldest Prop Firm for retail traders BUT still use a demo account and have limitations.
Have you ever traded a demo for 90 days and with less than a 5% loss ratio ?
The balance is actually irrelevant BUT most retail traders chase the Money and not the Process.
I know a lot of traders who trade FTMO including one person within this Forum BUT they are not for me.
I like real accounts and my terms and one Boss (Wife).
Best of luck.
M1 EURUSD - the single most reliable countertrend trade is countertrend to a pullback...
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it will usually lead to at least a test of the major trend's extreme!
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every minute matters!
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Quoting gringo2019
acacialuc, FTMO maybe the oldest Prop Firm for retail traders BUT still use a demo account and have limitations. Have you ever traded a demo for 90 days and with less than a 5% loss ratio ? The balance is actually irrelevant BUT most retail traders chase the Money and not the Process. I know a lot of traders who trade FTMO including one person within this Forum BUT they are not for me. I like real accounts and my terms and one Boss (Wife). Best of luck.
Agreed. But for me, after going through hundreds of hours trading this strategy, I came to the conclusion that I am only profitable (5%-8% of total account size) if I have breathing room of 3%-5% for my trades, and which would be around $3k-$5k that I don't have right now. That is why I was thinking about buying one of FTMO's 100k challenges that I have passed 3 times now on a demo account. I am a bit skeptical about their rules since there are many 1-star reviews that accuse FTMO of hidden 1% risk rules and vague definitions of trading terms and risk-free strategies.
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acacialuc,
Prove your performance to yourself first and then an extra person close to you BUT after 90 days.
All Brokers and Prop Firms are Brokers know about the 3 90 Rule.
90% of Retail Traders lose 90% of their live account money within 90 days....
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Mr.Moe