Looks like yours truly is going Live with Alpha next.
After the 4th payout I was left with roughly $1.2k on each account. Figured, I might as well push hard for the 5th payout. Worst case I lose the accounts and reload. Fortunately all 3 hit and I made $10K on each today.
Payout 5 will be +$18k pre-split and will send me Live.
Curious, has anyone else ever made it to live on Alpha with a 100% win rate through all 5 payouts? 😜
@MyFundedFutures If you're still trading with firms that play games with your payouts, you're wasting your time. MFFU processes payouts in milliseconds. They take care of their traders because they want us to succeed. @Pinetreetrader@awealthofcs
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I skipped leg day to trade the NY session, but my portfolio is still skipping gains. 📉 Time to learn from the heavy lifters. Join the live stream right now and let's pump these charts up! @MAGNUS_FUTURES#FinTwit#MFTV@myfundedfutures#WallStreet https://t.co/TjN1c1YSAT
My boss thinks I’m staring intensely at a complex Excel spreadsheet,but I’m actually analyzing liquidity sweeps on the 5-minute chart.Stop trading alone from your cubicle,join the live stream @MAGNUS_FUTURES#DayTrading#MFTV#WorkFromHome@myfundedfutures https://t.co/9KEsFRBMPw
he markets are moving crazy today! Don't trade alone and miss out on the best setups. Jump into the live stream with us right now! Let's get these funded payouts together. #DayTrading@myfundedfutures#MFTV@MAGNUS_FUTURES#FuturesTrading https://t.co/kXaEod1jui
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The evaluation is a psychological gauntlet. Passed the Rapid 50K. Massive respect to @MyFundedFutures for the flawless infrastructure. 🏆#propfirmtrader $NQ
Surviving drawdown limits requires pure mechanical discipline.What’s your $ES setup?#futurestrading#MFFU#daytrading#MFTV
I come from a math background, mostly probabilities and statistics, so trading concepts like the IB (Initial Balance) have always fascinated me.
I thought I'd share a tool I built last year. It is an Excel calculator which uses five years of IB data across multiple time ranges to quantify trade ideas.
Think of it like a cheat sheet. It can compute multiple IB retracement levels, extension targets, and opening contexts (meaning multiple time ranges, 30 minute, 60 minute, 90 minute range...), and convert them into conditional probabilities and expected return for any trade idea, as well as validate the idea with a mechanical TAKE / SKIP decision.
For instance, what is the conditional probability and expected return that price after filling your entry order at X price will not hit the 70% IB retracement level (SL), but will run out the high or a 10% extension target beyond the current IB range (TP), while also assuming it is a single break range day? Here, the orange fields are manual input fields. Numbers are taken from data I gathered on a separate sheet.
Not sharing it to sell or anything. Just thought it's one of the more interesting models I've built and showing there are lots of opportunities to tweak your trading.