UJR: Kingslayer

Traders Connect (Trade Copier) -

[UJR: Kingslayer @ujralgorithm]

Two time frames higher
Two timeframes lower

From the time frame you’re trading will be in sync.

Every other timeframe is in sync.

The in between timeframes usually aren’t.

So then, what happens when they are in sync finally?

Your A+ setup will not only occur, but more than likely work out.

Your timing is off.

Time is a real component of trades which work out.

Absence of timing is the cause for the ones that don’t.

Expansion of the Daily candle: 9-10am EST.

Why trade prior to or into the expansion of that thunderous candle?

Just trade between 10am-1:45pm EST.

You’ll save yourself years of failure.

Someone will read this, and have a lightbulb moment.

Yes, the markets are fractal, but work in waves.

Remember, the key is every other timeframe.

Look 2 timeframes up from current timeframe for synchronicity.

Wait for the in between timeframe to sync up.

Take the trade.

You’ll notice the charts will offer similar MS, similar or mirrored/fractal setups…

This isn’t by accident. Your timing or understanding of what Time is as a construct within these markets is off.

That’s all.
Cheers.

[Tom Dante @Trader_Dante]

Some thoughts on trade management:

When you take an outright position with a clearly defined stop and target, you’re simply saying: “I think the market will go from x (entry) to y (target) without hitting z (stop).

I believe that’s the “easier” part of the process.

The harder part is knowing how price is going to get there.

Trade management compounds complexity because everytime you move a stop, add to a position, exit early, change your target or take a partial etc, you’re making another decision that builds on the first e.g. how likely is price to go where I planned, based on where it is right now?

The problem arises when you get traders that have a 50/50 read of the market but rely on a decent payoff to make money, being forced to make more and more decisions.

Alongside this issue, as the trade moves, ideas creep in that weren’t there at the outset. For example, you might take a trade based on market generated information like a breakout or a stop raid and reversal but then move the stop due to something else entirely like simply not wanting to see a winner turn into a loser e.g the infamous breakeven manoeuvre.

In all my time examining traders that have clear stops and targets on their trades, I will tell you it’s rare to find someone that can, over a large sample size, make active management beat no management.

People won’t like to accept this. They won’t think of testing it and they’ll often feel uncomfortable at the idea of doing it because most traders want to trade. They want to be hands on non stop.

But it should be one of the very first things you test in my opinion.

[Albert Burgess @Albertburgess_]

When props start really clamping down on punting and gamifying a lot of people on here gonna have to actually learn how to trade or start an only fans.

[Tom Dante @Trader_Dante]

I hear traders lamenting how they consistently make the same mistakes years into their trading journey.

I’ve always been prepared to ruthlessly examine and work on every aspect of my performance, in the constant quest to execute better.

If you refuse to do this, you'll stagnate

[Tom Dante @Trader_Dante]

There’s no prizes for the best analysis that you don’t execute.

[UJR: Kingslayer @ujralgorithm]

@tradersconnect_ @pauldvora @tradelockermain Is Interactive Brokers planned to be added as well?

[UJR: Kingslayer @ujralgorithm]

@PropFirmMatch I’d like the answers to the following:

1) Why are “firms” seemingly so desperately trying to still hold on to their (in many cases) now former U.S. client base?

2) If CFD trading as a U.S. citizen is deemed to be illegal, why are traders still asking which firms allow U.S. clients for CFD trading?

3) Why are some firms still onboarding U.S. citizens currently for CFD trading?

4) Why are platforms being offered to U.S. clients as alternatives to MetaTrader for CFD trading?

5) If you can trade an asset on OANDA such as indices (which are offered as CFD) as a U.S. citizen, register for an account also yet can’t trade a CFD offered by a U.S.-based firm…

6) Why are “firms” able to obtain a MetaQuotes license as a broker but not as a ���firm”?

…to name a few.

[L E X | Investing, Trading, Property @TraderWarner]

@Albertburgess_ 1) Never reveal all you know
2) Never show all you have

It’s not my style.

[L E X | Investing, Trading, Property @TraderWarner]

@bensparham_ Stop cascades rarely happen anymore… why? Because CFD firms know that most traders will hunt themselves

[UJR: Kingslayer @ujralgorithm]

@TRSTNGLRD 💀💀💀

[Markos Mom @Markos_mom]

This is a prop firm owner. Giving his opinion on risk management.

Let's look at this in more context.

A @GoatFunded account gives you 4% daily drawdown. On a $100k account, that's $4k. If you breach that, you lose the account.

Edge plays out through the continuous application of a series of bets. It doesn't work if you arbitrarily pause it. Therefore, let's assume that your account size is really $4k because that's what you can lose.

You can suffer a string of 40 losses at 0.1% per loss before you'd blow the 4% daily loss limit.

Take an average trader. They make many bets a day. Their win rate is 30%, and their average RR is 1:2.

Over 1,000 trades, betting 0.1% per trade, that trader is statistically guaranteed to have a losing streak which will wipe the account.

Ok, let's accept that the trader will arbitrarily pause their trading at the daily loss limit (and somehow their edge will continue to play out, but let's put that aside), and so the account size is now equivalent to the 10% total loss limit.

Let's make it so the trader "has confidence in their trading strategy and isn't afraid", as Edward suggests.

They bet a rather conservative 0.5% per trade.

With the same win rate and RR, over a string of only 100 trades, that trader has a 77% chance of blowing the daily loss limit, and a 32% chance of blowing the full limit.

Risk 1% per trade? Over 100 trades you have 91% chance of experiencing a 10% peak to valley drawdown, and a 71% chance of blowing the account on total loss limit.

So there are two options.

Either, Edward doesn't really understand how to approach trading as a statistical endeavour, including the appropriate sizing of bets based on your "trading strategy", and therefore doesn't really understand how to trade at all.

Or, he's trying to push his customers to leverage and bet more, and therefore fail faster and blow more accounts.

This industry is run by 🤡's. Change my mind.

[Alpha Capital Group @AlphaCapitalUK]

Well the new trend seems to be a money earner as they say as in Rome ......

"I used to be a funded trader with XYZ now all I do is tattoo the firms logo on me and I get paid more💰"

[UJR: Kingslayer @ujralgorithm]

@Tamianfx @km_bari_ @Zay_trades_fx @DeiFunded @shanedeifunded Welcome to the “Me Too!” era of Proplandia.

[UJR: Kingslayer @ujralgorithm]

@itsMesurendar17 @DeiFunded @km_bari_ @Zay_trades_fx @shanedeifunded 😂😂😂💀

[B L A C K W A T C H @BlackwatchXX]

If someone’s YouTube video starts up with hyped up “it’s ya boi xyz”…

I’m out.

[L E X | Investing, Trading, Property @TraderWarner]

Unpopular opinion.

Prop funding / Evaluation firms = Companies

Traders = Self Employed Consultants.

A Professional contract is drawn up and if a trader does not perform, maintain professionalism or abide by the contractual terms & rules (for which they sign and agree to)

The Contract is terminated.

The same applies for the Contractor, if the Trader no longer wishes to trade for the firm they can walk away, professionally.

There’s no need for the nonchalance and drama across social media.

The same applies here. Traders that lie, cheat or try to exploit an evaluation firm will be terminated.

In order to build a successful prop / evaluation firm and build a sustainable book you need to remove the toxicity.

The GOAL is to WORK TOGETHER!

The problem is less than 5% of Prop Funding Firm CEOS know how to run a professional setup and that’s why the industry has been gamified.

If the industry continues down the same path, very few will cease to exist. The opportunity will disappear in it’s current form until multiple filtrations of Data reduces the toxic flow and establishes the 1% which is profitable and from there a NEW Industry will spawn and evolve from the existing….. I have already built the next model into our Roadmap.

What are your thoughts on this?.

[Alyse the MV @alyse_themv]

@Judy95NQ Answer these questions for me. Could you trade a chart with time only and no price?

Can you trade a chart with price only but no time?

If the answer is yes to one , then no to the other, then one is more important. If the answer to both is no, then they both have importance.

[MYTRADINGANGEL @mytradingangel]

@andrew_nfx Don't need too. This kind of flex is f$(&ing stupid. Be better be above the crowd. Get so dam good and rich that your name and face is enough to advertise your status and wealth. That is the ultimate flex.

[Traders Connect @tradersconnect_]

@SamBradburyFX @nikosalpha @TraderBach @epfregnews @LiqudityTrader @EL_Blanco4 @Markus_AdrianYT Genuine question, when users setup copiers on our platform we advise them to place a small 0.01 lot test trade to be sure the copier is setup correctly and they do not blow the account when taking their first "real" trade.

Are you saying this is an issue?

[MYTRADINGANGEL @mytradingangel]

@propsafeio this is very simple, just on the master account put a comment your name and allow comment copying on trade copier, this way all your copied trades will have the comment which you can show the prop firm it links back to your master account. simple solution

[B L A C K W A T C H @BlackwatchXX]

What you’re failing realize is that for some firms, those .4% funded traders take up 90% of their revenue in payouts.

You can’t “do the maths” - because you don’t have all the numbers.

Do you know the payout to revenue ratios for each challenge plan for each firm? No.

Bunch of doofuses on Twitter thinking they’re smart is killing me. You’ve got a bunch of dumb dumbs following you eating up all your “maths”. Blind leading the blind.