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Prop Firm Challenge - Investment - Nairaland

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Prop Firm Challenge by Alexas58: 3:41pm On Jun 29
This is an account that were creating to start and pass a prop firm challenge!.

All level verification!.

Get any prop firm of your choice!.

In-depth analysis would be posted for free for all to see.
And the stuffs were gonna be trading are going to range from

Indices
Stocks
Commodities
Crypto!
Fasten your seat belt as we go on the crazy and rough ride!..


N/B: buy your prop firm from any broker or platform of your choice
Re: Prop Firm Challenge by Valwezzy: 3:57pm On Jun 29
Drop the prop firms you trust.
Re: Prop Firm Challenge by Alexas58: 4:01pm On Jun 29
Choose any prop firm of your choice.
I'm not promoting any brand here
Or any prop firm.
The price of every asset we are trading is the same anywhere

So pitch your tent where you feel is the best for you!
Re: Prop Firm Challenge by Alexas58: 6:46pm On Jul 01
Happy new month!

1st of July are you ready?!!!!

1 Like

Re: Prop Firm Challenge by Alexas58: 7:07pm On Jul 01
I just took a random Position …

I am taking a long position on Apple stock!

Stop loss 214, I’m trying to secure a position now

Re: Prop Firm Challenge by Alexas58: 7:40pm On Jul 01
Maximum allocation size given to Apple

Stop loss 214!

We are going to hold the trade over night!


Each position we enter is going to take a max of $2k Per account!

This is also an act of risk management!

For now… let’s keep riding and pumping

1 Like

Re: Prop Firm Challenge by Alexas58: 7:28am On Jul 02
I’m not really good at writing long epistles

But I’ll try my best!

I’ll talk about the trades we are about to enter

The trades the companies are offering
And the trades that would be on our watch list!

Also in the course of the game
I’ll also teach you how to play the game!


If you are looking for a challenge that can help you pass this trade by next week, then you are on the wrong track!

But if you’re here because you’re passionate for the game, and want to consistently build profit over the years, and don’t just want to be a one big hit winner in the market, then you are welcome here!


To me, a trading period is within the ranges of 2-5 months !

While investing period can go as long as 5-9 months to 1 year to 2 years,

You have to figure out yourself, which you are more comfortable with and better of!

Only you as an individual has the answer to that question!


Good morning!

2 Likes

Re: Prop Firm Challenge by Alexas58: 7:37am On Jul 02
On our watch list!
We have

1.Gold- the market for Gold is signifying that there is a possible downtrend!

But we can’t go it short now… we’ll wait and see what happens first!

2. APPLE Stock- Apple stock has started its run already, on the upside.
So all we are trying to do is to get into position with it and run with it for as long as it can move!
We’ve entered our maximum for each position .


So we’ll have to wait until we exit some positions of Apple stock, before we can get more


3. BTC- Btc is showing technical weakness.
But for now, a complete short set up has not really shown, so we cannot short it, just like the case of Gold, so what do we do…

Well let it play its pattern out by itself and if a favourable short formation sets, I’ll come on here and also say it too!

If btc doesn’t get a rally to 73k, that’s not the end of the world for crypto, but it’s a very bad sign! And warning lights might be triggered the more again!

Let’s see if this is a fake support, or it would rally to 73k!

Watch and leap!

4. AUDCHF- I’ll talk about this on its own!

But I’m looking for a buy position on the long side!

2 Likes

Re: Prop Firm Challenge by Alexas58: 6:11pm On Jul 02
Fully margined on apple stock!

How long can the rally last?

Re: Prop Firm Challenge by Alexas58: 7:57am On Jul 03
We are entering gold slowly for long positions!

Let’s see if the uptrend can be confirmed!

Attached here is our stop loss

Re: Prop Firm Challenge by Alexas58: 2:56pm On Jul 03
Gold gave us good entry!

We’ve exited 90% of our positions in gold and would fill back gently later on !


We filled maximally for gold with $2k!

And left

Each trade must not hold more than $2k

This is the rule!

You are also being taught risk management

Re: Prop Firm Challenge by Alexas58: 2:59pm On Jul 03
Note: this is a prop Firm account!
Gotten from FTMO

Prop firm accounts are demo accounts!

But you have to pass the challenge to be able to be profitable in trading!

Re: Prop Firm Challenge by Alexas58: 7:55am On Jul 04
We are entering AUD CHF

Indices pair long now!

We’ll start filling off slowly!
With active stop loss

I trade everything

Crypto
Indices
Commodities

Stock


Btc is looking like it can give us a short leg!

Once it’s time

Well start shorting crypto!!

Stay awake on this thread and don’t sleeep on it

Re: Prop Firm Challenge by Alexas58: 8:00am On Jul 04
We are still riding and grinding !!


Prop firm challenge!

They don’t give dynamites to kids!!!

Re: Prop Firm Challenge by Alexas58: 8:29am On Jul 05
AudCHF!

We coudnt get a nice entry point!

We exited all active positions



We are entering btc short now and we’ll accumulate it gradually

Re: Prop Firm Challenge by Alexas58: 10:42am On Jul 05
We are trying to see if we can secure a position for short selling on btc!

Re: Prop Firm Challenge by Alexas58: 10:42am On Jul 05
The stop
Loss is the same in all the trades opened
Re: Prop Firm Challenge by Alexas58: 12:03pm On Jul 09
Looking for a way to take a long trade on
AUD/JPY

Re: Prop Firm Challenge by Alexas58: 3:03am On Jul 10
We got burnt first time we tried to get a position

Re: Prop Firm Challenge by Alexas58: 3:04am On Jul 10
We tried again!

Re: Prop Firm Challenge by Alexas58: 11:31am On Jul 10
Proof that we are still in the game

Re: Prop Firm Challenge by Alexas58: 11:34am On Jul 10
We are still trying to enter AUD/JPY again!

Re: Prop Firm Challenge by Alexas58: 8:52am On Jul 11
We have played around for a while!

Let’s get down to business!
We are taking long positions on AUD/JPY

Limit: 108.638
Stop: 108.625

Your eyes should also be on the graph too!
Re: Prop Firm Challenge by Alexas58: 9:17am On Jul 11
We are setting an
Order for btc at
Sell
Limits:63517
Stop: 63560


Till I cancel it….
Let’s play!
Let me show you how to trade correctly ! 👍
Re: Prop Firm Challenge by Alexas58: 9:36am On Jul 11
This is what I mean when we say that we are using buy limit!

That’s how the settings should be done!

This is the settings for Gold!

Re: Prop Firm Challenge by Alexas58: 4:31pm On Jul 11
Let’s look out for gold!
We have to see if the breakout is genuine and start looking for buy positions!

Re: Prop Firm Challenge by Alexas58: 10:28am On Jul 12
Limit orders for possible buy and long positions!

Trade and think like a champion

Re: Prop Firm Challenge by Alexas58: 12:47pm On Jul 13
We had a draw down of about $400 on AUD JPY!

So we try again this new week!

We are sitting on btc for a fast short!

If this doesn’t happen in the next 4-7 hours, we’re out!


This is a thread on how to pass a prop firm!


We started July!

Let’s see how fast we can get this live account!

Re: Prop Firm Challenge by Alexas58: 1:12pm On Jul 13
We are placing our longs on btc at this point 56,569!
If we get in fine and stop loss doesn’t take us out!


We have actively started the challenge!


I finally found the forex thread on nairaland that I’ve been looking for!


The reason why we are taking this trade for a possible long is because if it happens in the next 4-6 hours, it can be a possible bounce !

Btc crossed it 30 week MA
It’s currently sitting above it!

So people placing shorts on btc should be extremely careful , especially within that 60k region!

That is why I’m very much time specific about the time frame we would get out and cancel our orders should it not play out before then

Re: Prop Firm Challenge by Alexas58: 1:30pm On Jul 13
Because of how we are working with time and probabilities!

Let me explain that the three major things I’m using in my trade are.
Technical analysis
Time range when I want to enter a position
Probabilities


We have set the 60k liquidity level with an expiration of 8 o’clock should we not catch our bait before then!


Most people don’t use these feature
This helps you to trade in a very relaxed mood and environment !

Let’s trade like hunters looking for prey in the wild!

Re: Prop Firm Challenge by Alexas58: 1:54pm On Jul 13
Eth is in a down trend in the 4hr time frame, first time it reached that high in the line, it dropped!
It doesn’t have a good structure enough to take off that line in the next 5 hours, so we’ll take a sell position with an expiry time… if it doesn’t happen before 5 pm… we exit
We just want to grab liquidity as fast as we can!

We are going in heavy on any risk we take with specified stop loss in all

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