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MatDerKater replied Jan 26, 2022Not going how I would have liked. Shifting TP to Small Profit: image
Cable Update (GBPUSD)
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MatDerKater replied Jan 26, 2022I just hit the FTMO 10% target within 19 days...without ever going into drawdown... HOWEVER....I did pull a Stop Loss on a trade that was going against me, that kept pushing and pushing against me. I left that trade with a small profit, but not ...
FTMO - For serious traders
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MatDerKater replied Jan 26, 2022Looking to buy the dip to follow POLR to the upside, leading into FOMC event (where I actually suspect Risk On is going to be dumped) image
Cable Update (GBPUSD)
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MatDerKater replied Jan 26, 2022AUDJPY is rallying BEFORE the FOMC announcement along with the rest of Risk On. That makes me somewhat suspicious about what direction 'they' are going to send the markets when rates decision is revealed. If they are pushing Risk On back up into the ...
AUD/JPY
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MatDerKater replied Jan 25, 2022In my experience, they work, if the trade location is right.... ....that is to say, they 'work' only if the market is due to pivot anyways.... Taken in isolation, they mean fk all.
EURUSD
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MatDerKater replied Jan 24, 2022Same idea in CADJPY, but much more appealing trade tbh: image with much better viable RR.
AUD/JPY
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MatDerKater replied Jan 24, 2022Personal Opinion. 'Risk On' has already been tanked and RINSED. 2moro, they either retest the lows, and/or RINSE the new bulls with low risk tolerance. On Wednesday, The Fed won't raise rates, and/or perhaps make 'dovish' comments, which will give ...
AUD/JPY
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MatDerKater replied Jan 24, 2022if that is is real account metrics and not some demo account where he takes the sort of risks that he would never be willing to take with real capital on the line.... ....then how can you possibly argue against his 'strategy'? It may not be for you, ...
FTMO - For serious traders
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MatDerKater replied Jan 24, 2022.....and if u are running a $250K account, profitably, why do you need a prop firm?
FTMO - For serious traders
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MatDerKater replied Jan 24, 2022True... ...but greed based traders can run into just as much problems as fear based traders who snatch at profits too soon. With that said, in a study conducted on which type of strategies were most profitable in the long run, firmly in first place ...
My way of seeing the market
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MatDerKater replied Jan 24, 2022U break their rules..probably doing mad shit that you say you would never do (but actually in reality do)...with your own account, you can do what you want. (I basically passed the challenge....BUT marginally broke their max rules whilst in a trade ...
FTMO - For serious traders
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MatDerKater replied Jan 24, 2022Yes and No. Many of these algo bots that the institutions put to work are coded to trade against well known cognitive biases a.k.a. they are coded to trade against 'shit that used to work'.....(until all the algos started trading against it) ...and ...
My way of seeing the market
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MatDerKater replied Jan 24, 2022Whilst it doesn't pay the trader to get butt hurt from being turned over by the market (difficult not to be, especially from situations when his SL gets rinsed by a pin candle only for the market to then go whizzing off in his direction), knowing ...
My way of seeing the market
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MatDerKater replied Jan 24, 2022You say all this, but I notice you joined this place in 2016, and likely were actively trading or learning to trade way before then. So possibly around ten years trading experience behind you? How could you possibly judge how easy or obvious ...
My way of seeing the market
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MatDerKater replied Jan 23, 2022I have no idea what this thread was about, just seen it pop up in my feed so I clicked on it, then clicked on the "he refused to apologize" link, and seen it lead to a member who I blocked almost immediately.
EURUSD
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MatDerKater replied Jan 21, 2022Great post. But not sure I agree with this.... There is very little to learn, or so it may seem to someone who has already spent thousands of hours staring at screens and has developed an in-built instinct for how the markets are likely to move, ...
My way of seeing the market