Aliassmith Beats a "Dead Horse"

[prochargedmopar]

Original entry markup went 5x using big candle as stop.
2nd chance entry went 10x using ZL as entry.
Not bad for a dead horse.

10x.JPG (114.91 KiB) Viewed 2123 times

[aliassmith]

EURUSD M15
1X

[prochargedmopar]

Not too shabby going into daily close:

#m15DH.JPG (83.61 KiB) Viewed 2030 times

#m15DH1.JPG (22.16 KiB) Viewed 2030 times

[prochargedmopar]

Ridiculous:
2.5x using 3.3 pip SL m15 chart.

asia1.JPG (38.6 KiB) Viewed 2023 times

asia2.JPG (23.83 KiB) Viewed 2023 times

[prochargedmopar]

Harry Horse Hindsight.

Dead Horse did pretty good NY.
1,2, and 3:1 trades available.

DHm151.JPG (67.4 KiB) Viewed 1961 times

[aliassmith]

These prop companies keep updating their guidelines and new ones come out.

FTMO has just increased the max account size you can buy into to $400k. For people who cant get 10% in a month, they are probably not right for you.

I see a new company out there "The Prop Trading" that on paper is better than FTMO.
8% target round 1
4% target round 2
$500k max buyin with faster scaling ($1 million in 1 year)
News trading is allowed.
80% profit split
Their spread+comm. structure is a little bit more but not a deal breaker.
Not much info. on the company overall.
Only has MT5 which is a little different than MT4

If you are good you can trade both places. Trying to flip accounts doesn't have to be a thing with all this capital available these days.

Put all your profit in a personal account and you will no longer be at the mercy of the prop firm.

[prochargedmopar]

Dead Horse overnight Hindsight Review
I marked up a sell right before bed and it got stopped almost Immediately with no profit seen for -5. Was right in to a Zline, uugh. See red level.
The next signal for buy went 5x +.
Next sell went 1:1
Not sure If I would have bought the next huge up bar.
Current sell has went 2x + so far with a 12 pip SL. man, that seems big.

DHR.JPG (87.13 KiB) Viewed 1850 times

[prochargedmopar]

I programmed flip key fob for Dodge 2500 street truck,
Installed new front brake pads,
Changed Oil and filter (Power Driven Diesel racing oil),
and installed new LED headlights with anti-flicker resistors.

Come back to see DH making all that $ without me, even with such "late" entries.

DHGold.JPG (78.95 KiB) Viewed 1812 times

[prochargedmopar]

These prop companies keep updating their guidelines and new ones come out.

FTMO has just increased the max account size you can buy into to $400k. For people who cant get 10% in a month, they are probably not right for you.

I see a new company out there "The Prop Trading" that on paper is better than FTMO.
8% target round 1
4% target round 2
$500k max buyin with faster scaling ($1 million in 1 year)
News trading is allowed.
80% profit split
Their spread+comm. structure is a little bit more but not a deal breaker.
Not much info. on the company overall.
Only has MT5 which is a little different than MT4

If you are good you can trade both places. Trying to flip accounts doesn't have to be a thing with all this capital available these days.

Put all your profit in a personal account and you will no longer be at the mercy of the prop firm.

I don't understand.
What is the reason for trading other peoples money UNless it's being put to work in the sense of SpaceBalls?
What am I missing over just being profitable and letting our own account grow to insane levels?

[aliassmith]

These prop companies keep updating their guidelines and new ones come out.

FTMO has just increased the max account size you can buy into to $400k. For people who cant get 10% in a month, they are probably not right for you.

I see a new company out there "The Prop Trading" that on paper is better than FTMO.
8% target round 1
4% target round 2
$500k max buyin with faster scaling ($1 million in 1 year)
News trading is allowed.
80% profit split
Their spread+comm. structure is a little bit more but not a deal breaker.
Not much info. on the company overall.
Only has MT5 which is a little different than MT4

If you are good you can trade both places. Trying to flip accounts doesn't have to be a thing with all this capital available these days.

Put all your profit in a personal account and you will no longer be at the mercy of the prop firm.

I don't understand.
What is the reason for trading other peoples money UNless it's being put to work in the sense of SpaceBalls?
What am I missing over just being profitable and letting our own account grow to insane levels?

Why would you trade for a prop company?

Let's start with a couple assumptions.
Your Prop choice is FTMO
You risk 1% or less per trade
Your account drawdown never exceeds 8%
Your daily draw down is never 5% or more
You gain 5 to 15% a month

You have your own $2000 account and you make $100 to $300 a month. You keep all of it!

If you have a $50,000 prop account you make $2500 to $7500 a month. You split the profit so you get to keep $1750 to $5250.

So based on your original funds you made 87%+

Based on your personal account it would take about 3 years to scale up to that $50,000.

In 3 years your prop account can be $500,000+

You can alway set aside funds from your prop profits to protect yourself.

You can leave money in your prop account to have more of a drawdown protection.

Its a way to trade OPM without the worries.

Your risk of ruin is less making 5 to 15 percent a month than trying to "Flip" a small account.

I dont get any benefit from putting this info out there. I recommend anyone do their own research and due diligence. I can only tell you what I found out and my opinion.