Thanks to Bobby for giving us the amazing lecture here and its truly amazing
my yesterday trade was a loss and a lesson [never stand in front of a moving train even thought its slowing down]
proceding to today trade ……..
–         You have to post every day your trades with the charts and reasonable explanation why did you take it ( include even those that you had a feeling that you’ll be lucky 😀
–         Each round of Evaluation will take one week – from Monday to Friday
–         You will then post a full report – screen shot from your trading station – part with trades and profit/loss that you had that week
–Â Â Â Â Â Â Â Â Â Winner of each week is the one that makes the most PIPS ( losses will be deducted from wins )
–Â Â Â Â Â Â Â Â Â It is up to you which instrument you will be trading
–Â Â Â Â Â Â Â Â Â Size of the trades is not important
–Â Â Â Â Â Â Â Â Â Number of trades is not important
–Â Â Â Â Â Â Â Â Â One will be the winner each given week and we would like him/her to join us in Main Forum with views, opinions and tips
–         All those that didn’t win – continue in the next week
You are all eligible to get our support, help and mentoring – so do not be shy, but ASK questions even if you feel that they are not important.
For now ( and next few days) we will be using only this board – Trading Hot Line, but if we would need some more space it will be provided.
Do not mix Our Rules of the Evaluation with the Prop Rules – I am going to write them down as well and explain it in details how it works.
If you have questions and problems with the trading station, ask now – we are starting soon.
please when will you explain few things to us all , regarding Time frame , risk/reward ratio and exposure as Prop Trading is based on some strict rules ,THANKS
This is what I had in mind – so please everyone follow the same way.
I will have to explain few things to all , regarding Time frame , risk/reward ratio and exposure as Prop Trading is based on some strict rules .
We are doing an Evaluation here , and our approach is different than those of prop’s , so no problem here…but once you get with the Prop most important part is not to go below their Drawback level !
So I will give you guidelines and suggestions how to do it.
If you need some help in developing the system which will take care of all of it, do not be stubborn – ASK and we’ll help. No one knows it all, but together we’ll come to the best options.
GOOD MORNING SIR/MA
i took buy trade on EUR/USD reason its was in bulish direction and spot fvg at 1.05400 and i enter from there exit plan 1.06200 because thats where buy side liquidity was taken before
Please next time just add some details : bought/sold – profit/lost and some short reasoning for the trade ( I did it because I felt lucky or something more technical 😀