I have a funny feeling there will be questions on this by end of year when I post my results so here is a thread on how I approach prop firms.
Main points:
- Lots of accounts (15+)
- Small payouts ($1,000-$1,500)
- Payout every 2 weeks
Is it just me or has everyone become a lot more distastefully expressive? Always needing to explain themselves, Alalways have to explicitly say “I’m (mood)” rather than just being (mood).
Idk, there used to be more of a classy reservation. Now everyone just talks so much
I traded and locked myself out last night from my evals (+$1100) and my payouts are still processing. So here is my trade for the day via sim.
DOL = PxH
RB entry from 15M EL
SMT confirmation
166pt 👍
I traded and locked myself out last night from my evals (+$1100) and my payouts are still processing. So here is my trade for the day via sim.
DOL = PxH
RB entry from 15M EL
SMT confirmation
166pt 👍
DRAW ON LIQUIDITY & PRICE ACTION.
UNDERSTAND THAT AND YOU WILL BE PROFITABLE.
AFTER THAT JUST FIND OUT WHAT ENTRIES YOU LIKE BEST THAT ALIGN WITH YOUR DRAW AND STICK TO IT.
NO DRAW = NO TRADE
NO ENTRIES = NO TRADE
LET YOUR MODEL TELL YOU WHEN AND WHEN NOT TO PARTICIPATE.
Today’s trade:
+11.6R (119p)
PxH draw on liquidity
4H sweep within 1H -FVG
Limit set on GF of 1H, 10p stop.
5 micros total
An waiting for my funded accounts to be approved for payout so I am on eval. Cant wait to be back funded 👍
Self reminder:
Don’t want to get overconfident after payouts.
Only take my setups.
Only trade NY.
Follow risk plan on fundeds.
Follow risk plan on evals.
Keep it boring.
Keep is disciplined.
The end.
Alpha payout requested.
News was at 10am. Took a trade at 9:54a est and Exited it 7 seconds into 9:58 est.
Will see if they show me any leniency with the 2 minute news window rule.
I doubt it. Any little thing to not payout for these new firms prob gonna be used.
Onwards.
Took this on Alpha zero to secure a green day ✅
Although there was news at 10a, I executed trade at 9:55 and closed it at 9:58.
My payout will probably be denied.
Will turn focus on my topstep accounts and others that aren’t as strict on news.
Took this on Alpha zero to secure a green day ✅
Although there was news at 10a, I executed trade at 9:55 and closed it at 9:58.
My payout will probably be denied.
Will turn focus on my topstep accounts and others that aren’t as strict on news.
I easily make $1k-$1.5k per week doing this.
Then I just with draw $1k per account every 2 weeks.
I haven’t been called to live yet so I can’t speak on how I would approach that.
I also don’t have a set rule for when I stop. I try not to lose more than $350 in a day though.
I have a funny feeling there will be questions on this by end of year when I post my results so here is a thread on how I approach prop firms.
Main points:
- Lots of accounts (15+)
- Small payouts ($1,000-$1,500)
- Payout every 2 weeks
Most importantly, risk needs to be dialed in.
I have a clean view of the market meaning i prioritize DOLs.
Entry doesn’t matter. As long as I have a clear target aligning with HTF narrative and the trade is within my risk parameters, I take it.