WallStreetfx:


Boss I have a strategy that have backtested 60 trades on. It generates 50 percent return. Should I conclude the strategy is okay or I should backtest more??

Please do more

It's been a great year trading #USDJPY and #gbpusd strictly out from the zone. We look forward to a more better trading experience as we step into another year. Merry christmas guys #forex

Gasive:


This is my target for next year. I'm working seriously towards it and I hope to achieve it.
3% monthly of 100k is about $3k, which is about #1.5m. I don't think my state governor earns this much monthly(legally).

E shock ooo gam, but I will like to be like you Sha.

Jameselias:


E shock ooo gam, but I will like to be like you Sha.

Lolx...
Just be yourself bro.

saintfaculty:
It's been a great year trading #USDJPY and #gbpusd strictly out from the zone. We look forward to a more better trading experience as we step into another year. Merry christmas guys #forex

Boss
Great job u doing...
Dunno if u n I can have a one on one..
At ur convenience sir...#gracias

infofirst:


Please do more

Thanks boss

infofirst:
And the one that summed it all and surprised me the more below
Some takeaways from our trading data:

Over 60% of traders in our database do not use a stop loss and have a high risk of ruin

The traders who have made it to their 4th pay cycle all have a risk management strategy of below 3% risk on any given day

The profitable traders are in the market less than 4 hours per day

The most profitable traders do not hold traders overnight

A trader who holds trades over the weekend has a 60% high chance of failing or losing their account

When the market is more volatile more traders fail because of a lack of risk management discipline

If volatility is prolonged, it is a blood bath of epic proportions

There are 5 traders who are on their 8th payout on evaluation live accounts.

All of them trade conservatively and make sure they get paid. None of them risk more than 2% per trading day and they stop when they have reached 4-8% in profit until pay cycle has ended

All traders who received record payouts have lost their accounts within 3 weeks of the record payout due to excessive risk.

There are many, many more fun facts about the traders in our database and as we grow, more of those facts are coming to light. 
Our advice is to take it easy when you reach live, many people seem to be unable to control their greed emotion.

Make sure you get paid and keep your risk as low as possible. After all, it’s a marathon not a sprint.



Happy trading everyone!

money management is the key to last long because there's no strategy without it own down time such that one begin to think if it's not the same that has been bagging pips before

femora007:
money management is the key to last long because there's no strategy without it own down time such that one begin to think if it's not the same that has been bagging pips before

Honest talk
just pray it doesn't come at a wrong time

Short UCAD 2891 SL 2907

Close all my entries for Gold with 20pips.. But my entry for usdcad is still open in profit.. adding Eurusd..
Buy eurud 1.125
Sl 1.12
Tp open

Elliotwaveforec:
Short UCAD 2891 SL 2907

SL hit

SELL XAUUSD @ 1804
Pullback Swap Zone {D1}
SL: 1806
TP1: 1783 {RR- 1: 10.5}
TP2: 1765 {RR- 1: 19.5}

XAUUSD update... I'm taking a close look at this pair now and something drew my attention. the bearish divergence on 1hrtf seems to be a pullback as it has not extended to the 4hrtf.. Likely the buy on gold will continue any time soon.
Will be looking for an entry around 1793 that's if price gets there.
Pls bosses can help to correct me

Australian Dollar is weak. Thus all the Base pairs of AUD are falling while its counter currency pairs are raising.

Already in sweet profits this morning

I need to be reading this over and over again

infofirst:
And the one that summed it all and surprised me the more below
Some takeaways from our trading data:

Over 60% of traders in our database do not use a stop loss and have a high risk of ruin

The traders who have made it to their 4th pay cycle all have a risk management strategy of below 3% risk on any given day

The profitable traders are in the market less than 4 hours per day

The most profitable traders do not hold traders overnight

A trader who holds trades over the weekend has a 60% high chance of failing or losing their account

When the market is more volatile more traders fail because of a lack of risk management discipline

If volatility is prolonged, it is a blood bath of epic proportions

There are 5 traders who are on their 8th payout on evaluation live accounts.

All of them trade conservatively and make sure they get paid. None of them risk more than 2% per trading day and they stop when they have reached 4-8% in profit until pay cycle has ended

All traders who received record payouts have lost their accounts within 3 weeks of the record payout due to excessive risk.

There are many, many more fun facts about the traders in our database and as we grow, more of those facts are coming to light. 
Our advice is to take it easy when you reach live, many people seem to be unable to control their greed emotion.

Make sure you get paid and keep your risk as low as possible. After all, it’s a marathon not a sprint.



Happy trading everyone!

Good morning house...happy new week
Please I need someone to put me through mff prop. Like which plan is better accelerated or evaluation?

USDCHF is getting ready to sell. I will check back In 15minutes

boom99:
USDCHF is getting ready to sell. I will check back In 15minutes

Sold before I could say jack. Couldn't take the trade

There is a fine pin bar on daily TF, same pin bar on 4h TF. If there is going to be a buy, it could be temporary. Na sell i dey see from my learner's eyes.

haryodehjia:
XAUUSD update... I'm taking a close look at this pair now and something drew my attention. the bearish divergence on 1hrtf seems to be a pullback as it has not extended to the 4hrtf.. Likely the buy on gold will continue any time soon.
Will be looking for an entry around 1793 that's if price gets there.
Pls bosses can help to correct me

boom99:


Sold before I could say jack. Couldn't take the trade

Sold later

obajoey:
There is a fine pin bar on daily TF, same pin bar on 4h TF. If there is going to be a buy, it could be temporary. Na sell i dey see from my learner's eyes.

And what if the sell too is just temporary.. Well let's see how it plays out but we still have more chances of price pushing up to around 1830

EURGBP preparing to sell. Will check back in 30mins time.

haryodehjia:

And what if the sell too is just temporary.. Well let's see how it plays out but we still have more chances of price pushing up to around 1830

Sure bro, anything is possible... If the current 4hr candle closes well below 1800, we may be picking it up @1790 or lower today, if not, we go upward

From my learning eyes..

I stopped trading for the year after the contest @Gabsonfx held here but with all the insightful discussions on prop firms I decided to try it out today and Twas quite easy passing the $10k alc cos all that I needed was 50 pips

Most times the reason I figured that most traders fail is one that has been repeatedly talked about “PATIENCE”

In picking entries, most traders instead of sitting on their hands waiting for the OTE would rather dive in at a consolidating market…

I’m gonna go in fully into this prop firm next year God willing lemme still emulate some bosses here…

Happy Yuletide to all FTA fam
Merry Christmas � and a Happy new year in advance

obajoey:


Sure bro, anything is possible... If the current 4hr candle closes well below 1800, we may be picking it up @1790 or lower today if not, we go upward

From my learning eyes..

Alright boss.. We are all learning and waiting for the market movers to do their thing..

Kaesyrn:
I stopped trading for the year after the contest @Gabsonfx held here but with all the insightful discussions on prop firms I decided to try it out today and Twas quite easy passing the $10k alc cos all that I needed was 50 pips

Most times the reason I figured that most traders fail is one that has been repeatedly talked about “PATIENCE”

In picking entries, most traders instead of sitting on their hands waiting for the OTE would rather dive in at a consolidating market…

I’m gonna go in fully into this prop firm next year God willing lemme still emulate some bosses here…

Happy Yuletide to all FTA fam
Merry Christmas � and a Happy new year in advance

Cherry picking of trades with strong money management is the easiest and fastest way to go.
Go get it bro.

Kaesyrn:
I stopped trading for the year after the contest @Gabsonfx held here but with all the insightful discussions on prop firms I decided to try it out today and Twas quite easy passing the $10k alc cos all that I needed was 50 pips

Most times the reason I figured that most traders fail is one that has been repeatedly talked about “PATIENCE”

In picking entries, most traders instead of sitting on their hands waiting for the OTE would rather dive in at a consolidating market…

I’m gonna go in fully into this prop firm next year God willing lemme still emulate some bosses here…

Happy Yuletide to all FTA fam
Merry Christmas � and a Happy new year in advance

Well said,
The season has been the most productive season so far,
Special thanks to Gasbonfx, infofirst and ekesoft


Scammers couldn't breach the FTA defenses this time
The few that pop up were instantly buried

Kaesyrn:
I stopped trading for the year after the contest @Gabsonfx held here but with all the insightful discussions on prop firms I decided to try it out today and Twas quite easy passing the $10k alc cos all that I needed was 50 pips

Most times the reason I figured that most traders fail is one that has been repeatedly talked about “PATIENCE”

In picking entries, most traders instead of sitting on their hands waiting for the OTE would rather dive in at a consolidating market…

I’m gonna go in fully into this prop firm next year God willing lemme still emulate some bosses here…

Happy Yuletide to all FTA fam
Merry Christmas � and a Happy new year in advance

Congrats boss...many more wins.

...meanwhile, how is that your USD girlfriend whose name starts with a "G", hope you are still faithful to her....

Kaesyrn:
I stopped trading for the year after the contest @Gabsonfx held here but with all the insightful discussions on prop firms I decided to try it out today and Twas quite easy passing the $10k alc cos all that I needed was 50 pips

Most times the reason I figured that most traders fail is one that has been repeatedly talked about “PATIENCE”

In picking entries, most traders instead of sitting on their hands waiting for the OTE would rather dive in at a consolidating market…

I’m gonna go in fully into this prop firm next year God willing lemme still emulate some bosses here…

Happy Yuletide to all FTA fam
Merry Christmas � and a Happy new year in advance

Is this trial or real challenge account?

I guess it's trial, cos in a real challenge, u are required to make 10% and not 5%.

Was surprised wen u said all u needed was 50pips.

All the same good luck to you

Feshizzy:


Well said,
The season has been the most productive season so far,
Special thanks to Gasbonfx, infofirst and ekesoft


Scammers couldn't breach the FTA defenses this time
The few that pop up were instantly buried

I concur.

I benefited greatly from this season.

pls bro help me understand this prop thing.

If they say minimum trading days is 5 and I achieve profit target let's say in just a day, have I broken the rule or pass?

Donvic4u:


Is this trial or real challenge account?

I guess it's trial, cos in a real challenge, u are required to make 10% and not 5%.

Was surprised wen u said all u needed was 50pips.

All the same good luck to you

obajoey:
pls bro help me understand this prop thing.

If they say minimum trading days is 5 and I achieve profit target let's say in just a day, have I broken the rule or pass?

U have not passed neither have u broken it..

It means u can only move to the next stage after trading for 5 days minimum.

If u make the profit in one day, no problem jx continue trading with small lots until 5days is complete