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  • #30,181
  • Feb 12, 2024 12:02pm Feb 12, 2024 12:02pm
Quoting GusParker
{quote} Nice going, but would that be 0.5% of the alleged account size (200K), or 0.5% of the actual account size in terms of what you are allowed to lose? I suspect the former, which means you are actually risking 5% per trade, just so you are clear on that.
Thanks. Yeah, 5% of account balance. To keep it simple I always risk a fixed amount, 1000 USD per trade.
  • #30,182
  • Feb 12, 2024 12:03pm Feb 12, 2024 12:03pm
Quoting Nsak3y
{quote}-Nobody should expect to churn out 2% to 5% daily returns without losing from time-to-time. Eventually, you're going to lose. How much you consistently give back to the market will determine your overall success as a trader. Withdraw profits regularly.
2 % ROI is 100 % ( 150 % ) possible for 5 % people.

Withdrawal at the end of every month and deposit in account no. 2.
Intraday only.
  • #30,183
  • Feb 12, 2024 12:05pm Feb 12, 2024 12:05pm
Quoting navk
{quote} If you say making consistent 2 % ( 100 $ ) in a 5 k is impossible, how do you dream of becoming funded trader by securing 13 % profit ? I am sure, one would try to make 13 % in 5 days and loose challenge account.
trading 1 month is consistent for you? or you speak about luck trading? 5 % winners can do this by pure luck if you use 100 traders, they can do this for trade very short time.

you was only speaking about do this some days????? and lose maybe all same time, what not mean any near consistent.
  • #30,184
  • Feb 12, 2024 12:06pm Feb 12, 2024 12:06pm
Quoting navk
2 % ROI is 100 % ( 150 % ) possible for 5 % people. Withdrawal at the end of every month and deposit in account no. 2.
-Not sure what you are going on about, but my statement still stands. It does not mean that doing 2% per day is not possible... it's not indefinitely possible. You will eventually lose.
  • #30,185
  • Feb 12, 2024 12:06pm Feb 12, 2024 12:06pm
Quoting navk
{quote} 2 % ROI is 100 % ( 150 % ) possible for 5 % people. Withdrawal at the end of every month and deposit in account no. 2.
when you do 2% consistent, why you need to withdraw, because you cant do it consistent. i think you dont know what consistent mean?
  • #30,186
  • Feb 12, 2024 12:06pm Feb 12, 2024 12:06pm
Quoting Trader191
{quote} trading 1 month is consistent for you? or you speak about luck trading? 5 % winners can do this by pure luck if you use 100 traders, they can do this for trade very short time. you was only speaking about do this some days????? and lose maybe all same time, what not mean any near consistent.
After a month, withdraw 2000 $ and deposit in account no. 2. Mitigate trading risk as well as broker risk
Intraday only.
  • #30,187
  • Feb 12, 2024 12:07pm Feb 12, 2024 12:07pm
Quoting navk
{quote} After a month, withdraw 2000 $ and deposit in account no. 2. Mitigate trading risk as well as broker risk
thats not consistent trading 2%, not even close, that shows you have fear to lose anything any simple day because not good strategy.
  • #30,188
  • Feb 12, 2024 12:08pm Feb 12, 2024 12:08pm
Quoting Trader191
{quote} when you do 2% consistent, why you need to withdraw, because you cant do it consistent. i think you dont know what consistent mean?


Many people are here in FF ( I mean 5 % )
Intraday only.
  • #30,189
  • Feb 12, 2024 12:10pm Feb 12, 2024 12:10pm
Quoting Trader191
{quote} thats not consistent trading 2%, not even close, that shows you have fear to lose anything any simple day because not good strategy.
Have you heard of mitigating risk ??

Have you heard of broker risk ?

Have you heard of mt4/mt5 risk?

This fx world is full of uncertainity.

Make money and preserve money using risk parameters
Intraday only.
  • #30,190
  • Feb 12, 2024 12:12pm Feb 12, 2024 12:12pm
ok guys, best wishes.

I am off now, going to a place for prayer.

I have been consistent when i started this plan, since january 2024

My ROI daily is approximately more than 2 to 5 % since january.

My profit factor as of now since january is 2.08
Attached Image (click to enlarge)
Click to Enlarge Name: prop firm.png Size: 3 KB
Intraday only.
  • #30,191
  • Feb 12, 2024 12:17pm Feb 12, 2024 12:17pm
Quoting navk
ok guys, best wishes. I am off now, going to a place for prayer. I have been consistent when i started this plan, since january 2024 My ROI daily is approximately more than 2 to 5 % since january. My profit factor as of now since january is 2.08
oh god, you trade since 1 month, now i understand. god luck with this.
1 month means consistent for you, you should make this jokes not without say its a joke.
  • #30,192
  • Feb 12, 2024 12:19pm Feb 12, 2024 12:19pm
Quoting Trader191
{quote} oh god, you trade since 1 month, now i understand. god luck with this. 1 month means consistent for you, you should make this jokes not without say its a joke.
how long you have been trading ?

What is your consistency ?

How much youmade ?

For the last 1 month, how many challenges you blown ?

How many your prop firm provider blown ?

I mean since january 2024.
Intraday only.
  • #30,193
  • Feb 12, 2024 12:19pm Feb 12, 2024 12:19pm
Quoting navk
My ROI daily is approximately more than 2 to 5 % since january.
-You should expect to have some losing days. Prepare and have a plan for it would be my advice.
  • #30,194
  • Feb 12, 2024 12:21pm Feb 12, 2024 12:21pm
Quoting navk
ok guys, best wishes. I am off now, going to a place for prayer. I have been consistent when i started this plan, since january 2024 My ROI daily is approximately more than 2 to 5 % since january. My profit factor as of now since january is 2.08 {image}
the calculation is wrong, alone by spread you should have drawdowns. you have a platform that dont show your real drawdown because it calculates drawdown by not real numbers and only after a closed trade, or? so this numbers are total useless. or is daily calculated at rollover time. i dont know the platform you use so cant say how its caluclated.

i sound like a teacher and really dont want bad for you and dont want sound like i know it better.
maybe we can write in private more about this if you want, because its wrong thread here about this topic.

all together, i wish you good trades.
  • #30,195
  • Feb 12, 2024 12:22pm Feb 12, 2024 12:22pm
Quoting Nsak3y
{quote}-You should expect to have some losing days. Prepare and have a plan for it would be my advice.
I am preparing to grow @ 2 % every day.

Month end withdraw and put it in mt4 account no. 2. 3. so on.

I am not foresseing any loss on any day.
Intraday only.
  • #30,196
  • Feb 12, 2024 12:22pm Feb 12, 2024 12:22pm
Quoting Olarion1975
{quote} UPDATE: Discpline pays off, close to passing Phase 1 on this FTMO account. Been trading this challenge account since 25.10.23, only 0,5% risk per trade. {image}
Even your graph looks similar to consistency scrore.... GOOD JOB
Extreme gut feeling trader
  • #30,197
  • Edited 12:56pm Feb 12, 2024 12:26pm | Edited 12:56pm
to be frank, this thread is not right place to talk.

This thread is all about prop firms.

I have gone thro prop firm challenges, funded accounts.

Have paseed phase 1 - 8 % straight in a single day of trading many times..atlest 4 to 5 times.

Now, the prop industry going tho disaster. I decided not to risk my money in prop firm.

Put my money with real money broker. Took this step since january
Intraday only.
  • #30,198
  • Feb 12, 2024 12:28pm Feb 12, 2024 12:28pm
Quoting navk
{quote} how long you have been trading ? What is your consistency ? How much youmade ? For the last 1 month, how many challenges you blown ? How many your prop firm provider blown ? I mean since january 2024.
25 years, but around 20 in forex.
30-200% a year with 2 -4% drawdown.
enough.
0 challenges, but 0 from 0 done . any win in challenge would be big lose overall for me because of opportunity costs.
around 10% in 2024.

nothing like your big numbers, and i am just an average Joe. but in consistent and stable maybe someone different. so i can let money in account and grow. will not make a difference in one month but over 20 years.....
  • #30,199
  • Feb 12, 2024 12:28pm Feb 12, 2024 12:28pm
Quoting Trader191
{quote} the calculation is wrong, alone by spread you should have drawdowns. you have a platform that dont show your real drawdown because it calculates drawdown by not real numbers and only after a closed trade, or? so this numbers are total useless. or is daily calculated at rollover time. i dont know the platform you use so cant say whow its caluclated. i sound like a teacher and really dont want bad for you and dont want sound like i know it better. maybe we can write in private more about this if you want, because its wrong thread here about...
I do not want to get into negative mind by talking to you in private.

I have enough of experience in this fileld.
Intraday only.
  • #30,200
  • Feb 12, 2024 12:29pm Feb 12, 2024 12:29pm
Quoting navk
I am preparing to grow @ 2 % every day. Month end withdraw and put it in mt4 account no. 2. 3. so on. I am not foresseing any loss on any day.
-Nobody foresees the losses, else they would never lose. But if you do not have a plan for when you lose, then you may struggle as a trader. Learning how to win is the easy part. Not saying these things to discourage you; actually the opposite.
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