Prop Firm Elite

Quoting JotaP

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{quote} Of course, consistent traders do not fit into the model. FTMO brings in every week thickhead obnoxious individuals to showcase their "I earned a lot from FTMO" videos with the purpose of recruiting new flocks of morons to keep the system running. But in the following month they are out because they are idiots and luck doesn't last long.

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Quoting Ihlas

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{quote} Yes, it can be predicted. I call it intention. IMHO that's the only way to retire as a trader Enter at the bottom or top: Needs 1-2 months to hit your TP (300=500 pips) (Good) Grid can be used to the right direction to milk the market, but small portions to be in the retraces, maybe Millionaire Expert from FF

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Quoting PaulMF

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{quote} Intention! It is the way to go. I'll be studying how markets react at important levels and how to predict mini trends in those scenarios.

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Quoting Ihlas

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{quote} It has nothing to do with reaction at important levels. Important levels (targets) are dynamic so impossible to know without systematic approach.

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Quoting Waveskierrob

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{quote}

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Quoting Ihlas

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{quote} You follow me?

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Quoting Waveskierrob

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{quote} yes

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Quoting Ihlas

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{quote} You can just subscribeWill get rid of hard work

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Quoting Waveskierrob

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{quote}

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Quoting JotaP

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{quote} But since FTMO does not tap anywhere other than the 95% morons that lose their challenges, the real question is: Why does not FTMO kick out these monstrous pip eaters that do not generate any value?

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Quoting Tim_isoara

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{quote} "95% morons that lose their challenges" You faild 4 time the FTMO challenge.

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Quoting JotaP

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{quote} My Trade Explorers are for Trial FTMO Challenges, not paid-for Challenges. Trial Challenges run for 14 days only, which is less than half the time of a real Challenge. The Profit Target is half. I have done 4 FTMO Challenge Trials, 3 passed, 1 only profitable (could retry free). Since the probability of passing a single challenge is less than 5%, the probability of a moron passing 3 challenges in 4 tries is at most: 4!/3! x 0.05^3 x 0.95 = 0.00285 or 0.285% So, I am not a moron, or better, there is a probability of 0.285% of being a lucky...

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Quoting Tim_isoara

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{quote} I understand now. You don't trade yet. You try to learn on demo accounts. Good luck

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Quoting Ihlas

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{quote} It has nothing to do with reaction at important levels. Important levels (targets) are dynamic so impossible to know without systematic approach.

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Quoting PaulMF

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{quote} Can you develop it further? I'm lost here. I thought important levels were static.

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Quote

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Do you have a metrix dashboard?
No, although we are in the process of having this integrated but we don't believe we are large enough at the moment to need it.
The process will take 1-2 months so once we believe we are ready we will execute this project.

Quoting Ihlas

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{quote} ________________________________________ (So the target becomes this after drop) _____________________________ Target 300 pips _____________________________ Current price (After one hour price drops) ________________________________________ (After one hour price) _____________________________ Bottom This is part of the strategy and there are also static levels too.

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Quoting JotaP

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This is a new proprietary firm called Blue Guardian Capital. {image} There is something innovative about these young entrepreneurs . They cap the payouts at 4%. This will make the gambling model more sustainable, if not many traders get funded and stay funded month after month. In the end, I don't believe it will work and apparently they don't either: {quote} In summary, the company may not last 2 months, so is better wait before investing more money.

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Quoting Ihlas

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{quote} ________________________________________ (So the target becomes this after drop) _____________________________ Target 300 pips _____________________________ Current price (After one hour price drops) ________________________________________ (After one hour price) _____________________________ Bottom This is part of the strategy and there are also static levels too.

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Quoting JotaP

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{quote} You are funny, man. Love your humor. You know what? FTMO only uses Demo Accounts!

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