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benaiah replied Nov 9, 2022Yes. I will try to explain basic concepts… First, we have heard it said the biggest problem for retail traders is being underfunded. That is completely false. Ever wonder why brokers only give 100k demos? Well if you have a 100k, they want you to ...
When Should You Give Up On Trading?
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benaiah replied Nov 8, 2022When should you give up on trading? never I’ve been at it for about 13 years. And only in the last few months has it finally began to click. I knew the importance of the mental/emotional side but didn’t know how to manage it. Now knowing how to ...
When Should You Give Up On Trading?
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benaiah replied Feb 19, 2020Clearly, Mr. Phillips does not really know what much about trading. I ended up on his mailing list because I watched one of his videos. Lots of profanity ridden, and sometimes disgusting emails almost every other day. For not knowing much, he sure ...
Here's what happened after I bought a course from Scott Phillips
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benaiah replied Feb 16, 2020Maximum daily loss, and max loss explained here: url url
FTMO - For serious traders
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benaiah replied Feb 13, 2020These types of challenges are for intra-day traders, who typically don't need to wait very long for a high probability setup. I traded today on my funded account (different Prop firm), and made almost 12%, taking over 50 trades, and I don't think it ...
FTMO - For serious traders
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benaiah replied Feb 13, 2020well, up till now I have not risked blowing up the account or breaking any rule, so far so good...
FTMO - For serious traders
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benaiah replied Feb 13, 2020thanks for the added motivation for success. Maybe you should be a mentor lol
FTMO - For serious traders
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benaiah replied Feb 12, 2020for me, up till now, I haven't found a funded opportunity that had enough capital that I felt confident with. FTMO offers enough, so very comfortable with it. So, excited to see it is working so far. I don't believe in luck...
FTMO - For serious traders
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benaiah replied Feb 12, 2020Well, so far so good.... 4 days of trading the challenge, hit target with $923 cushion. To complete step one, next six days risk will be limited to $140 per day...
FTMO - For serious traders
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benaiah replied Feb 9, 2020Thx, good to know! Incidentally I also chose Purple
I was thinking of trading equity CFDs. But my only experience with CFDs is Gold and Crude. What instruments are you trading?FTMO - For serious traders
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benaiah replied Feb 8, 2020I'm in... starting the $100k evaluation on Monday...
FTMO - For serious traders
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benaiah replied Feb 8, 2020Curious what broker did you go with? And are you sticking with the same for verification?
FTMO - For serious traders
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benaiah replied Nov 6, 2019Siver: past 12 weeks only one weekly close below 17.50 There's no reason I'd expect a weekly close below 17.50 this week. Since price already broke below 17.50 today, and found good support at 17.38, and now follow through moving up well above ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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benaiah replied Jul 13, 2019I've been trading for for about 10 years, mostly forex and futures. Just now opened practice account with NADEX binary options broker. I really like it so far... I'm still learning binary, but to me, it is much simpler than regular trading. With BO ...
Should I jump over from binary options to forex
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benaiah replied Apr 29, 2019Thanks
but I am trying to be more like you and only take those better setups and primarily focus trading the best levels... im also saying I have a lot of bad habits in my trading but all bad habits can be tolerated if risk is controlled imo ...Stop searching for the 'Holy Grail', work on yourself!
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benaiah replied Apr 29, 2019Yes. That is good rule. For me I can open just about any chart and see a trade opportunity so more difficult to limit myself in that way. Trading with 1 or 2 pips SL I only need 5-10 pips profit target to make it worth the risk. And price always ...
Stop searching for the 'Holy Grail', work on yourself!
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benaiah replied Apr 29, 2019I have found what works for me is one simple rule. Rule #1 - control risk this rule is enforced more strictly if drawdown is more than 5% this also means that account can never risk more than 5-10% at any given time across trades i trade primarily ...
Stop searching for the 'Holy Grail', work on yourself!
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benaiah replied Apr 26, 2019Back in June 2017, bulls rallied from this level quite decisively, considering the weekly chart time frame.
EURUSD only