@Starr_gael As for flipping $350, I’d approach it cautiously—maybe allocate $200 to a prop account for a structured trade (like a scalping strategy on a low-latency platform) and keep $150 as a buffer. With the VIX’s wild swings, a realistic flip to $500-$600 is doable in a week
@midrizzy1@Techriztm@Marresecira I appreciate the trust you’re showing in me. With $200, I’d focus on a low-risk, high-turnover strategy that can deliver measurable results within a short timeframe. My priority would be transparency — keeping you updated on each step and the return potential
@thissdax Good day, I pray I be among the top choose people 🙏, this laptop will really help me on my tech journey 🙏 the one I had gets spoilt, this is the only wish I'm praying to God I could have by next year and I think this is the opportunity 🙏 ,I pray I got choosen. God bless you.
THE FALLING THREE METHODS
The Falling Three Methods candlestick pattern is a bearish continuation pattern that forms in an existing downtrend. It indicates that the current downtrend is likely to continue.
It is the direct opposite of the rising Three Methods so here is how to Identify it : The falling three methods pattern consists of 5 candles:
1. The first candle is a tall bearish candle in an existing downtrend
2. Then 3 smaller bullish candles that are within the range of the first candle.
3. The last candle is a tall bearish candle that breaks below pattern.
The Bullish small candles must not break the high of the first bearish candle and the last Bearish must break the low of the Pattern for the Bearish trend to continue
This means that the sellers are stronger than the buyers, the buyers were not able to push the price above the high of the first long candle, and they were overtaken by the sellers.
Follow @Starr_gael for more trading educational posts , like and Repost so others can learn too💜
GONE ARE THE DAYS WHEN ONLY “ELITE” TRADERS WERE BELIEVED TO PASS PROP EVALUATIONS.
I’m currently $295,000 funded and one valuable lesson I learned early on was that there is no discernible difference between trading on a live account and a prop firm account.
I have witnessed traders who can scale a live account from $100 to $2,000, yet struggle to pass an evaluation phase.
This has nothing to do with unprofitability, but their tendency to overvalue the funding provided by the firm.
Here’s the easiest steps to get funded in few months. 👇
* Your evaluation account is a normal account with a drawdown. Treat your evaluation account like any other trading account, approach it as you would handle your personal funds, free from fear of loss.
* Although it’s easier said than done, learn to sit on your hands while trading.
Patience helps you execute only the high probability setups. High probability setups are best bets to reduce loses.
* Trade the repetition.
Trade based on repetition. Identify one or two entry models that frequently repeat and trade them exclusively. Each day, price action generates multiple patterns, and it's easy to become overwhelmed chasing all of them. Focus on one and stick with it.
* Forget the big RRs.
While aiming for a 50RR on a single trade may seem enticing, achieving it consistently is very challenging. Your trades have higher chances of turning out consistently profitable if the RR is smaller.
Focus on 2-6RR, just something you can consistently keep up with.
* Curate a trading plan. Include your risks, confluences, sessions you’ll trade and days you would and wouldn’t trade.
* Calculate your risks in USD and not % so you can keep it constant. That way, you lose less in losing trades and make more in winning trades.
* Lastly, it’s okay to fail an evaluation. Try again.
-⭐️
5. 5th rule:
The fifth rule states that if a trendline is tested four times, the fifth touch will likely break it. This is true up to 95% of the time and can be used to capitalize on retest or reversal moves.
Check the images below for an example of a trendline breaking on the fifth touch.
6. The more touches a trendline has, the weaker it becomes and the lower its chances of holding price.