i traded 50k trial like 100k.
Still need to reduce the lot size by 50 % with the strategy i trade.
Still need to reduce the lot size by 50 % with the strategy i trade.
Intraday only.
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Dislikedi traded 50k trial like 100k. Still need to reduce the lot size by 50 % with the strategy i trade. {image}Ignored
Disliked{quote} Careful, look like aggressive revenge trade. In a real challenge you might not survive. Profit target is the least to worry about. Focus on daily and max loss.Ignored
Dislikedi traded 50k trial like 100k. Still need to reduce the lot size by 50 % with the strategy i trade. {image}Ignored
DislikedYes the temptation is always there and unfortunately it's all too easy to hit the limits if one is playing with big position sizes. In my opinion 2 - 3 lots per position is not so big on a 100k account. But I really think that any daily loss limit under 5k (like the $2500 loss limit on the 50k account) is for sure going to get violated sooner or later unless one is incredibly disciplined Anyway I reached my 2% target - 1% ($1000) per day is a lot easier and less stressful then attempting the full target in one or two days I would agree with Navk...Ignored
DislikedYes the temptation is always there and unfortunately it's all too easy to hit the limits if one is playing with big position sizes. In my opinion 2 - 3 lots per position is not so big on a 100k account. But I really think that any daily loss limit under 5k (like the $2500 loss limit on the 50k account) is for sure going to get violated sooner or later unless one is incredibly disciplined Anyway I reached my 2% target - 1% ($1000) per day is a lot easier and less stressful then attempting the full target in one or two days I would agree with Navk...Ignored
Disliked{quote} As I said, I traded like 100k challenge. This is second trial and Done in 2 days. The first trial i did in 1 day. The system i test seem to work well, Now What I need to do is reduce the lot size by 50 %. {image}Ignored
Disliked{quote} Hi navk how your founded account is doing can you for us some results bst regards miziIgnored
Disliked{quote} I am aiming for 4 x 100k. The one funded account, is not so great. Will finish first all challenges first. Then will start with funded ones.Ignored
Disliked{quote} Is not shame to accept lose is part of the game anyway how you think that will deal better with 400 k when you can't with 1oo kIgnored
Disliked{quote} Is not shame to accept lose is part of the game anyway how you think that will deal better with 400 k when you can't with 1oo kIgnored
DislikedI suspect with the challenge the "need to be in the market" psychology is there due to the time constraint. IMO that is a recipe for potential traders to lose out and do it quick. Thus fee income for FTMO. The 200k account thing makes me question a bunch of things, as i mentioned before. There was no reason for it, its gimmicky, its no different to someone doing 2 100k trials only that they have 1 chance to do it and 1 loss wipes the full 200k opportunity out. The 400k increase was all that was needed 4x100k accounts. I might be wrong but it suggests...Ignored
DislikedI suspect with the challenge the "need to be in the market" psychology is there due to the time constraint. IMO that is a recipe for potential traders to lose out and do it quick. Thus fee income for FTMO. The 200k account thing makes me question a bunch of things, as i mentioned before. There was no reason for it, its gimmicky, its no different to someone doing 2 100k trials only that they have 1 chance to do it and 1 loss wipes the full 200k opportunity out. The 400k increase was all that was needed 4x100k accounts. I might be wrong but it suggests...Ignored
Disliked{quote} I wouldn't ban EA's on your place as they are free money you would get. I don't think there is someone trading consistently with a EA on any of the Prop firms. Maybe few get lucky during the initial stage.Ignored
Disliked{quote} the majority of LP's HATE EA flow and will requote/feed drop/ reject if they detect it. Its just an idea but I dont want to be dealing with "waaa i got slippage all the time" complaints and I dont want to fork out millions for prime toxic feeds for the flow. But I have to dig deeper with my relationships to see whats on offer right now.Ignored