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  • #3,141
  • Aug 25, 2021 8:00am Aug 25, 2021 8:00am
I have a question for you guys, since this thread is the most interesting collective of minds on this forum.

Smart money concept. Who uses it? I see it absolutely everywhere, but the guys using it to have stop losses below 1 pip I think need to take the needle out of their arm.

If you have a stop at 1 pip even 2 pips and your trade hits market, you can expect to be stopped out.
  • #3,142
  • Edited 8:46am Aug 25, 2021 8:21am | Edited 8:46am
Quoting Takisd
I have a question for you guys, since this thread is the most interesting collective of minds on this forum. Smart money concept. Who uses it? I see it absolutely everywhere, but the guys using it to have stop losses below 1 pip I think need to take the needle out of their arm. If you have a stop at 1 pip even 2 pips and your trade hits market, you can expect to be stopped out.
I do not use and never would use it. There is normal market volatility which kicks you always out. You can only do that on razor thin spreads with no commissions on a demo account, where you can have 0.3 pip stop and filled/stopped out without slippage even regardless of order size (say 100 lots e.g.) too. If the market makes an uptick you can gain up to 1 or 1.5 pips. I heard some people were doing it last month on FT when they had such unrealistic good conditions. That is an exception on demo conditions only here, you cannot do it in real for sure.

Buy the way does anyone have experience trading news with FTMO with their new swing account ? I would like to hear about execution quality, slippage and latency on their demo server. Do they have slippage at all ?
  • #3,143
  • Aug 25, 2021 9:00am Aug 25, 2021 9:00am
Quoting pipmaster77
{quote} You guys know, it is most likely Paul. The thought process being if he sets up a shady company every day, the regulation he is seeking so badly will come sooner possibly impacting the company he dislikes so much, FTMO.
Hey guys, I'm back... Sorry for the time I've been away. I know you miss me.


Quoting Expo33
{quote} Interesting first post questioning the prop firm payment model. PaulMF is also from Spain. The plot thickens. Professional poker players pay an entry fee to work as tournament professionals. Then the prize money is paid from the entry fees. Is that a conflict of interest? But then again with each successive "me" generation, it stands to reason that I should be able to risk someone else's money with no risk to my own capital. In fact, I think I should be able to buy 1000 shares of Amazon stock for a total of ZERO DOLLARS. Then, if it goes...
Yeah I know you pretty well know about me. You used to visit my profile! hahaha

Quoting Takisd
{quote} Paulception
Quoting Takisd
{quote} I miss paul, my daily dose of mental gymnastics is lacking these days.
It took him weeks to get over Paul. Takisd, the one for whom rebates are his income! I will never forget that! You are genius.

Quoting Takisd
...since this thread is the most interesting collective of minds on this forum.
I can't stop laughing out loud. Thanks, really.


So guys, I really appreciate that you remember me. Ready to help again! Is there something I can teach you?
Always ready to help
  • #3,144
  • Aug 25, 2021 9:01am Aug 25, 2021 9:01am
Quoting Takisd
I have a question for you guys, since this thread is the most interesting collective of minds on this forum. Smart money concept. Who uses it? I see it absolutely everywhere, but the guys using it to have stop losses below 1 pip I think need to take the needle out of their arm. If you have a stop at 1 pip even 2 pips and your trade hits market, you can expect to be stopped out.
SMC is just the same stuff ICT peddles to newbies. Nothing really spectacular and concepts are as old as trading itself. Zoom out, look left, look for price to retest at higher TF previous levels. That's it. Nothing magical about it at all.
Trade with confidence, trade without fear.
  • #3,145
  • Aug 25, 2021 9:26am Aug 25, 2021 9:26am
Quoting Koop
{quote} Lmao FT has always looked like a ship waiting to sink. Gonna just coast through with my 25k funded account till they finally kick the bucket. I wonder if Jess would start an OnlyFans page after the company melts.
I'll win the top fan award.

While the rest of the trading world is focusing on Jackson's hole, I'll still be focusing on Jessica's ass.
Pride always comes before destruction.... -Proverbs 16:18
  • #3,146
  • Aug 25, 2021 9:37am Aug 25, 2021 9:37am
Quoting PaulMF
{quote} Hey guys, I'm back... Sorry for the time I've been away. I know you miss me. {quote} Yeah I know you pretty well know about me. You used to visit my profile! hahaha {quote} {quote} It took him weeks to get over Paul. Takisd, the one for whom rebates are his income! I will never forget that! You are genius. {quote} I can't stop laughing out loud. Thanks, really. So guys, I really appreciate that you remember me. Ready to help again! Is there something I can teach you?
Paula, there's nothing you can teach us but you can certainly entertain us with your infantile drivel. Thanks in advance.
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Pride always comes before destruction.... -Proverbs 16:18
  • #3,147
  • Aug 25, 2021 9:40am Aug 25, 2021 9:40am
Quoting Takisd
I have a question for you guys, since this thread is the most interesting collective of minds on this forum. Smart money concept. Who uses it? I see it absolutely everywhere, but the guys using it to have stop losses below 1 pip I think need to take the needle out of their arm. If you have a stop at 1 pip even 2 pips and your trade hits market, you can expect to be stopped out.
The gurus found a niche in the market to exploit and when you're new to trading it's easy to believe you can achieve a 20:1 RR setup consistently. The reality is trading is high luck and high skill, so no matter how "skilful" you are, there is a high element of luck. I spent a lot of time breaking it down because I wasn't seeing the results which people claim. IMO it's all marketing and a load of believers with no REAL results.
  • #3,148
  • Aug 25, 2021 10:18am Aug 25, 2021 10:18am
Quoting Joey12
{quote} The gurus found a niche in the market to exploit and when you're new to trading it's easy to believe you can achieve a 20:1 RR setup consistently. The reality is trading is high luck and high skill, so no matter how "skilful" you are, there is a high element of luck. I spent a lot of time breaking it down because I wasn't seeing the results which people claim. IMO it's all marketing and a load of believers with no REAL results.
Lol just 20R?

Here's 1:121R.. Lmao

I wonder why they aren't running these prop firms into the ground with such precision skills

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  • #3,149
  • Aug 25, 2021 10:31am Aug 25, 2021 10:31am
Quoting Joey12
{quote} The gurus found a niche in the market to exploit and when you're new to trading it's easy to believe you can achieve a 20:1 RR setup consistently. The reality is trading is high luck and high skill, so no matter how "skilful" you are, there is a high element of luck. I spent a lot of time breaking it down because I wasn't seeing the results which people claim. IMO it's all marketing and a load of believers with no REAL results.
New member July 1st, 2 posts.

Another losing trader coming here to vent his/her/its frustration and to save us from our delirium. Thanks, don't let the door hit you on the way out.

PS. Presumption is the flavor of the day
Pride always comes before destruction.... -Proverbs 16:18
  • #3,150
  • Aug 25, 2021 10:37am Aug 25, 2021 10:37am
Quoting Muhammedfx
{quote} what ass? where ?
Stay Halal brother!
  • #3,151
  • Aug 25, 2021 10:37am Aug 25, 2021 10:37am
Quoting Expo33
{quote} I'll win the top fan award. While the rest of the trading world is focusing on Jackson's hole, I'll still be focusing on Jessica's ass.

What if that is actually jacksons hole?
  • #3,152
  • Aug 25, 2021 10:38am Aug 25, 2021 10:38am
Oh Paul is back... Rebates? ... damn.. I wish.. Maybe that can be my next adventure, see how many people i can lure from youtube into IM academy or something.
  • #3,153
  • Aug 25, 2021 10:50am Aug 25, 2021 10:50am
Quoting Muhammedfx
{image} {quote} I was asking in halaal way only
The things that expo could do with photoshop and that label and jessica's photos.....

I wait anxiously.
  • #3,154
  • Aug 25, 2021 10:51am Aug 25, 2021 10:51am
Quoting Takisd
{quote} The things that expo could do with photoshop and that label and jessica's photos..... I wait anxiously.
Allergic to bullshitters, never argue with fools
  • #3,155
  • Aug 25, 2021 10:53am Aug 25, 2021 10:53am
Quoting Muhammedfx
{quote}

I think we all agree that cow can be Halal.

Edit: Noticed my sentence could be misinterpreted. I mean, the meat of cow (Beef) can be halal. Not that Jessica can be halal...
  • #3,156
  • Aug 25, 2021 10:56am Aug 25, 2021 10:56am
Quoting Takisd
{quote} I think we all agree that cow can be Halal. Edit: Noticed my sentence could be misinterpreted. I mean, the meat of cow (Beef) can be halal. Not that Jessica can be halal...
All cows (not jessica) are halaal

halaal is just how the way you butcher the cow (not jessica)
Allergic to bullshitters, never argue with fools
  • #3,157
  • Aug 25, 2021 11:02am Aug 25, 2021 11:02am
Quoting Muhammedfx
{quote} All cows (not jessica) are halaal halaal is just how the way you butcher the cow (not jessica)

True, but what if we drained the blood of.......nevermind.
  • #3,158
  • Aug 25, 2021 11:04am Aug 25, 2021 11:04am
Quoting Takisd
{quote} True, but what if we drained the blood of.......nevermind.
https://en.wikipedia.org/wiki/Halal
Allergic to bullshitters, never argue with fools
  • #3,159
  • Aug 25, 2021 11:17am Aug 25, 2021 11:17am
Quoting Muhammedfx
{quote} https://en.wikipedia.org/wiki/Halal

I am aware Just making bad jessica jokes whilst trying to not offend and its making things a bit strange. Ignore my jokes.
  • #3,160
  • Aug 25, 2021 11:18am Aug 25, 2021 11:18am
Quoting mizi123
{quote} At last he have several funded accounts and is in the scale that have opened in someway persona founded program these is the point were he is worth to be followed were are you guys show us what you do in wich stage are you in these way just tak talk and talk.... these f***g FF is full of haters same thing as in real life.
Maybe you just haven't seen enough of these videos yet but that was nothing but filler content. If you're looking for a good tip I've got one for you straight from MFF. Every single trader who trades a live account after the fourth scaling risks no more than 1% per trade.
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