prop firm new model - my trading journey | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Anyone trading with a Prop firm 33 replies

Prop Firm Hub 51,744 replies

My Journey to Forex prop trading 72 replies

My journey to Full-Time trader via prop funding (and a gift!) 84 replies

ERP Prop Firm Journey 4 replies

Attachments: prop firm new model - my trading journey
Exit Attachments

prop firm new model - my trading journey

  • #401
  • Sep 30, 2020 5:48am Sep 30, 2020 5:48am
Anyone heard about this https://www.fundingtalent.com/ ?
  • #402
  • Sep 30, 2020 6:43am Sep 30, 2020 6:43am
Quoting fx11trade
Anyone heard about this https://www.fundingtalent.com/ ?
Yes we have, it has been discussed before this thread. Search the thread for "funding talent" or forextips101. :-)
Always read Post #1
  • #403
  • Oct 2, 2020 7:49am Oct 2, 2020 7:49am
Quoting doji
{quote} Looks interesting. They even have a fee-free beta program. Will be on my radar. Btw, I wonder where the OP has gone? He's been MIA for a while now...
Still around doji but not doing so well on the trading front so back to the drawing board for me!
  • #404
  • Oct 2, 2020 6:35pm Oct 2, 2020 6:35pm
Quoting Mtinifx
{quote} Still around doji but not doing so well on the trading front so back to the drawing board for me!
Good to know you didn't catch Covid 19 like Trump did, at least.

Still with mff?
Amor Fati--F. Nietzsche
  • #405
  • Oct 4, 2020 2:07pm Oct 4, 2020 2:07pm
Quoting doji
{quote} Good to know you didn't catch Covid 19 like Trump did, at least. Still with mff?
Thanks!

and no I'm not I'm afraid
  • #406
  • Oct 9, 2020 7:36am Oct 9, 2020 7:36am
@maflip Great work sir ...do u mind sharing your Template and Files ....thanks a lot
  • #407
  • Oct 13, 2020 4:13am Oct 13, 2020 4:13am
Quoting luka1234
@maflip Great work sir ...do u mind sharing your Template and Files ....thanks a lot
I seriously thought about sharing it, but it might not work for you. Also, too many things I will need to explain in order to make it work. Lots of waiting required even if trading on M1.
  • #408
  • Oct 13, 2020 5:44pm Oct 13, 2020 5:44pm
@maflip sir is there anyway i can communicate with ya ...i have been following u for years ...email or anything ...thanks sir
  • #409
  • Oct 14, 2020 6:05am Oct 14, 2020 6:05am
Quoting luka1234
@maflip sir is there anyway i can communicate with ya ...i have been following u for years ...email or anything ...thanks sir
Wow I got a fan hah hah. Ok, here, I scaled down my template. I can't include the one that generates the signal as that one is mine alone. This rule is so easy, also, you just need two indicators. Fractal, and AO. Trade at the direction of H1 bar. If H1 closed without making a higher high or a lower low. Don't trade. If you are wrong 2x in a row. Wait for a new H1 bar to finish, maybe the trend is going to change or it's going to range. This is the most important rule of all knowing when to quit.

As for me, I know when to trade a counter trend or etc etc. That comes with experience. For you, stick with the trend only for now get good at it. Follow the H1 bar if trading M1. Here is the screen shot. You can get the fractal box I use just look at it somewhere in my attached file. Go to my profile.

The MTF candle stick on the chart you can get it here. It's called, Custom candles search FF.

For long: H1 needs to make a higher high. Wait for AO to turn negative, if H1 low is not yet broken, look for long at break of fractal up.
For Short: H1 needs to make a lower low. Wait for AO to turn positive, if H1 high is not yet broken, look for short at break of fractal down.

If you want higher time frame just use a higher time frame bar as your filter. For example for M15/M30, bar should be the daily bars.

Now it's entirely up to you, to make this profitable or not.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 171 KB
  • #410
  • Oct 15, 2020 8:42am Oct 15, 2020 8:42am
Quoting maflip
{quote} There is also one I'm thinking of buying it's cheap just $14. https://www.forexfactory.com/thread/...4#post13163004
buddy, you bought?
  • #411
  • Oct 16, 2020 2:08am Oct 16, 2020 2:08am
Quoting hefer
{quote} buddy, you bought?
It's a good app, but there is a monthly subscription.... So no.
  • #412
  • Oct 16, 2020 6:34am Oct 16, 2020 6:34am
@maflip Did you get any additional payments from MFF?
  • #413
  • Oct 16, 2020 7:05am Oct 16, 2020 7:05am
Quoting Brokewaplan
@maflip Did you get any additional payments from MFF?
Yes, and so far so good for me. At this time, no complaint here. MFF support has been very friendly too. I also have two accounts with them now.
  • #414
  • Oct 16, 2020 7:10am Oct 16, 2020 7:10am
Does MFF let you combine the accounts so you can trade on one MT4 terminal?
  • #415
  • Oct 16, 2020 7:11am Oct 16, 2020 7:11am
Quoting Wanderer56
Does MFF let you combine the accounts so you can trade on one MT4 terminal?
Yes, but I want to keep it separate. This way payday is weekly. You can email them. They answer very quick.
  • #416
  • Edited 7:49am Oct 16, 2020 7:22am | Edited 7:49am
Actually, they are finished with the no monthly subscription deal. So make sure you are consistent (profitable) before signing up with them. You dont wanna pay monthly subscription and account reset fee every month.
  • #417
  • Oct 16, 2020 1:38pm Oct 16, 2020 1:38pm
Quoting maflip
Actually, they are finished with the no monthly subscription deal. So make sure you are consistent (profitable) before signing up with them. You dont wanna pay monthly subscription and account reset fee every month.
Good advice. And well done on your two accounts bro

I wanted to have another go but I don't want to pay monthly subs so that's it with Mff and Forextips for me. I'll have to go with FTMO or Fidelcrest
  • #418
  • Oct 17, 2020 1:50am Oct 17, 2020 1:50am
Just managed to profit USD47 this week with 8 trades....

Tough week...

Attached Image (click to enlarge)
Click to Enlarge Name: sdgvsfdg.png Size: 120 KB
  • #419
  • Oct 17, 2020 2:27am Oct 17, 2020 2:27am
They (Myff) try to explain violation of consistency rule with this chart but I can't make head or tail of it! What is the "average based min. requirement"??
Attached Image (click to enlarge)
Click to Enlarge Name: myff.png Size: 30 KB
  • #420
  • Oct 17, 2020 3:52am Oct 17, 2020 3:52am
Quoting Mtinifx
They (Myff) try to explain violation of consistency rule with this chart but I can't make head or tail of it! What is the "average based min. requirement"?? {image}
Consistency is calculated Weekly. So if you trade 10 lots average last week and then 50 lots average this week. You will not break the rule. It's calculated minimum of 3 days to get the average, then they divide by 2 to get your minimum lot/trades, and multiply by 2 to get your maximum lot/trades for that week.

I created an Excel sheet to monitor my consistency and ensure I am not breaking it. So snapshot below says I am ok with consistency.

If you make too many trades to count, go to FXBlue, you can get your total lot size for the day and total trades there.
Attached Image
0 traders viewing now