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this for those who trade prop firm and those who yet haven't joined
Dec 17, 2024 at 05:40
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5 Replies
Member Since Nov 23, 2021
19 posts
Dec 17, 2024 at 05:40
hello fellow traders..
the year has come to an end where 2024 year's resolution seems to be fading on the horizon.blown accounts because
1. physiological factors that influenced bad trade practices
2. inappropriate risk management mixed leading to risk of ruin being so close to your drawdowns
3. lack of proper strategy and those who have strategy fail to follow their plans whereby you get to pass your phases only o blow your funded account later..
Alot can be the cause to..and thats where accountability has to come in like doing more backtesting..
-making sure you understand this prop firms rules and regulations before buying set accounts and also understanding types of drawdowns you're committing to.
With that said and done feel free to reach out to me for account management..both prop and live accounts
also you can make this thread interactive if you have more points to pass across or just ask me anything.
the year has come to an end where 2024 year's resolution seems to be fading on the horizon.blown accounts because
1. physiological factors that influenced bad trade practices
2. inappropriate risk management mixed leading to risk of ruin being so close to your drawdowns
3. lack of proper strategy and those who have strategy fail to follow their plans whereby you get to pass your phases only o blow your funded account later..
Alot can be the cause to..and thats where accountability has to come in like doing more backtesting..
-making sure you understand this prop firms rules and regulations before buying set accounts and also understanding types of drawdowns you're committing to.
With that said and done feel free to reach out to me for account management..both prop and live accounts
also you can make this thread interactive if you have more points to pass across or just ask me anything.
THE GOAL ISNT TO BEAT THE MARKET RATHER TRYING TO HAVE AN EDGE IN IT.
Member Since Nov 23, 2021
19 posts
Dec 17, 2024 at 12:01
bitcoin pullbacks for long setups..i guess my profile say it all
THE GOAL ISNT TO BEAT THE MARKET RATHER TRYING TO HAVE AN EDGE IN IT.
Member Since Nov 23, 2021
19 posts
Dec 18, 2024 at 09:27
i do SMC and classic textbook supply and demand technical analysis ..currencies indexes with fundamental for sentiments
in event of trendy market bullish trend ..i look for previous lows (strong levels) retest on HTF pullbacks to those areas for longs....which acts as a breather before another push high.
also psychological levels
confirmation.
.seller momentum and volume decreasing nearing those level ..candles heights and formation can show you this
type of price movement like rejection on those strong areas or demand zones.
reversal breakout from accumulation after the pullback..can be in a wedge ..rectangle..or flags..channel
in event of trendy market bullish trend ..i look for previous lows (strong levels) retest on HTF pullbacks to those areas for longs....which acts as a breather before another push high.
also psychological levels
confirmation.
.seller momentum and volume decreasing nearing those level ..candles heights and formation can show you this
type of price movement like rejection on those strong areas or demand zones.
reversal breakout from accumulation after the pullback..can be in a wedge ..rectangle..or flags..channel
THE GOAL ISNT TO BEAT THE MARKET RATHER TRYING TO HAVE AN EDGE IN IT.
Dec 18, 2024 at 10:33
Hi everyone ,,
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I have good mathematical strategy for you guys , please check my performance here : https://www.myfxbook.com/members/PFFX
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