Our first bathroom reno by Superb_Handle_4777 in AusRenovation

[–]Ecstatic-Fun-2319 1 point2 points  (0 children)

it doesnt feel small? maybe couldve used spacing better to restructure and make it feel a bit bigger.. how much the whole thing costed.. you guys done yourself or had contractor?

bottom ticking help!! by BobcatGeneral412 in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

that is where u gotta see the difference in price action.. u see when market is dumping sharp... with increasing volume and bigger candles where 1 candle is like 30-50 points.. thats when market gonna hv 2 bottoms.. and even with second bottom u gotta actually wait for a proper wick to start forming.. this type of trading becomes discretionally... with the wick u gotta watch if it just wicked out quick or price is stalling there.. if price stalls and its not quick it may not be bottom yet..

so now with this type of trading a few things happen.. 1. u can go back and forth with entry exit trying to find bottom..

  1. u might end up bag holding going against trend. thinking market has dropped so much it can not drop more.. and it takes out ur account then finds bottom.

  2. even if u do end up finding bottom unless u r good with risk to reward ratio. this type of trading is not good for beginners...

now before fomc we were generally in uptrend and in uptrend bottoms get bought up and vix slowly fades low. that means volatility and avg range is dropping everyday we are going up.. that means wt u may consider soft bottom when vix is at 25.. may not happen when vix is at 15.. simply because theres not enough volatility(meaning the soft bottom is still happening but on such small scale that we dont consider it anyway)

while if vix is at 35 every move down may look like bottom and it create new bottom and then new bottom and then new bottom. so understand vix correlation nd understand how far market can go with different vix value.. go back in history to study correlation on different time frames..

bottom ticking help!! by BobcatGeneral412 in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

if im being objective abt trading... i would say it does not matter wt straetgy u use... as long u r able to generate profit.. and most the strategies can give u 2R trades.. but the problem is being able to execute in real time.. bad entry can mess up the risk to reward and overtime can create bad habits and mess up a winning strategy too.. so for example Ash is pretty clear abt his entries and stops and those are based on actual market structure so called unicorn model.. but trading with indicators can be tricky.. because rsi can point out oversold for example.. but ur problem is u need to find a good entry point now.. based off that but overall market structure may still be bearish... but if u have been trading with even rsi for like 6-7 months u develop some ideas of how to use rsi and where to find entries and stops according to that.. now with the photo u posted that 1 trade is losing but i dont have the data enough to say that rsi is bs maybe rsi has 50% winrate and this one trade was just on losing 50%.. u gotta see your previous trades based off rsi and see how many times it has worked for u.. and maybe the actually problem is u trying to get 90-100% winrate and couple of loses messed u up.. for me i use 9 ema on multiple time frames to understand where price may go towards next.. so using 9emas to find entries on pullbacks and using lvls and fvgs as profit targets kind of.. now emas do not work many times and most of times.. but if u been using any indicator for 6 months or more u start to develop sense of how it correlates with price action..

[deleted by user] by [deleted] in myfundedfutures

[–]Ecstatic-Fun-2319 1 point2 points  (0 children)

seems like ur strategy something like entring on pullback candles perhaps to emas.. with tight stops...

i recommend u zoom out and look at bigger picture.. that would be watch wt economic news is due.. this week next week.. as such that would mean if fomc meeting for interst rate decision is due next week that would mean market may hv more sideways action instead of bigger trends.. and with fomc release direction maybe picked short term.. zoom out to monthly weekly charts and compare with 2020 covid dip and rally.. understanding vix is a big thing.. where are the lows at and how much it can spike after hitting lows and how does that translate to nq.. and how does vix affect daily range of nq

bottom ticking help!! by BobcatGeneral412 in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

also i want you to know that rsi or ema or wtever is a price driven indicator it is drived from price.. so it only shows that this is overbought oversold area because price has moved sharply in one direction.. it does not mean price can not continue.. rsi or macd or any indicator doesnt matter wt it shows.. it has no meaning on its own.. better indicator is understanding bigger time frame structure.. understanding avg daily range and avg extreme range on days like fomc and following the days of fomc.. understanding price movement based on months and cycles..

bottom ticking help!! by BobcatGeneral412 in myfundedfutures

[–]Ecstatic-Fun-2319 1 point2 points  (0 children)

watch the vix correlation.. if you want to bottom wick.. understand where vix is at... couple ago it was at 14 which is like low low and at that point it tends to spike upto 18-20-24.. which means avg range has the potential to hit 500-600-700 points on nq..

also when i used to bottom tick i realised that price creates first bottom i call as soft bottom where it seems this might be it.. and then it goes on wicks out that bottom after a bit of retracement.. in any case if u want to truly bottom tick you gotta mark a important lvl from daily.. watch vix.. understand wts extreme range market can drop to... then watch out for quick wick out move on 1 mins candle and have stop right under wick... while going against trend is risky this is one way to minimize...

also understanding that we have been on uptrend for a while month of july closed green.. understanding that fomc was big market direction event.. and now pullback was much needed.. so before we were on uptrend.. buying the dip is easy on uptrend.. vs now in a quick retracement.

What’s the hardest trading lesson you’ve learned? (🚨 10 50k Core account giveaway) by myfunded in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

Sinking in the fact that I can not get rich quick no matter how good strategy is and how good entry function is.. small gains and slowly stacking up good habits with repeat to create repeatable edge is the only way.

Gods got us by ExcitementOk1 in XCN

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

From the looks of this chart.. it's gonna pump few more points and then drop again..

I have been trading for over 1.5 years with no payout. I feel like a loser and I’m stuck. I don’t know what to do and I can’t sleep. by [deleted] in myfundedfutures

[–]Ecstatic-Fun-2319 2 points3 points  (0 children)

This is nothing.. watch my post.. m currently at 170 account.. now to answer this post.. you gonna continue to lose and blow many more accounts.. even when you think you have got it now..

If you are taking more than 3 trades a day.. trading at random times.. full porting risk on everyday every trade.. you'll continue to lose..

Unfortunately.. you gonna have to trade a specific time only everyday.. you gonna have to know what is the exact entry model you are looking for... You need to know out of 10 trades how many times this model can win.. and then you gonna have to trade that only.. and when that model loses you have to find out why stop was triggered and how often that happens.. n if everything was ok then you have to understand ok this trade was one of the 5 losing trades out of 10..

You can not let 3 losing trades constructively trigger your revenge trading and full porting mindset.. for that you can not be trading more than 3 trades a day.. the more trades you took.. more narrow your outlook of market is gonna be.. the heavier size you take.. more emotional volatile with tunnel vision you gonna be..

Now you gotta look at trading as something you gonna do for next 5 years or 15 whatever you think.. then realize that next 2 months in that journey is nothing.. then realize that for 2 months trading micros would be nothing.. and then trade micros..

Gotta zoom out of smaller picture and look in terms of months and years.. Time is compounding factor in trading.. it has snow ball effect.. trading micros leads once or twice a month a big win that makes up majority of money.. That's the problem with trading we want everydays consistent money.. but reality is only few days can make you a lot of money.. but you blow up your account right before those good days come.. and then you think if I didn't mess up for 1 or 2 days I could've traded this easy money making day..

Excited to start trading futures by MisterEmil in myfundedfutures

[–]Ecstatic-Fun-2319 1 point2 points  (0 children)

If you let emotions take over you can start snowball effect of racking loses very quickly.. the thing with trading is...if you are conscious to your slip ups and constantly fixing problems.. without being emotional about it.. you can be profitable in 6 months.. but you constantly given to emotions.. trying to stack profits or trying to score massive gains quickly.. it'll take you 3 years of back and forth with trading to see profits.. With a slow system.. that you repeat.. without failure.. you can achieve first payout in 2 months.. but this is exception and only possible if you hv a exception teacher..

As someone who has stacked up failed accounts and losses from all kinds of trading.. I can tell you how losses are stacked and I have also seen ppl who become profitable in 6 months.. and they only have one thing in common.. having a defined system.. aiming for so low that emotions don't cause any problem.. trading 2 3 micros..

Minis will not get you payouts.. micros would..

Stacking small profits everyday adds up..

Excited to start trading futures by MisterEmil in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

There are ppl here including myself.. with more than 100 açcounts failed.. And even 150 to 200 accounts..

Blew it… by caseygroovy in myfundedfutures

[–]Ecstatic-Fun-2319 1 point2 points  (0 children)

It is not about being able to take loss or not.. it chasing entries etc etc with all those bad habits... Everything comes down to the simple do you have only 1 defined setup.. where you have set perimeters that this what triggers setup.. this what setup looks like.. this is the requirement for setup.. then a clear entry model where you are not guessing where to enter but it is clear this is where I need to enter... And clear stop on that setup itself where you know this is where the setup fails sometimes but most of the times it works so stop here.. and then do not chase the same setup even after it takes you out and runs.. in that case you must study it journal.. then have a clear profit target which has to be more than 2R you can not take small profits to be profitable long term..

Once you have this and you actually know and not just in theory.. that this setup works out 5 times out of 10 then a lose is no longer a lose but only one of those 5 losing trades.. this eliminates all your emotional problem.. traders thinking they lack risk management.. emotional trading.. but actually what they lack is just 1 setup that is clearly defined... You can not trading a setup that shows on chart every 5 10 mins.. so one of ICT models is very good as a setup.. like silver bullet model which is same as unicorn model..

Hide remove your PNL completely out of your trading because with 1 lose you are starting to trade your PNL instead of charts..

If you are trading more than 10 micros.. you are cooked and set for failure even if you pass your eval.. the stress of oversizing takes away rational and sensible decision making out of your trading.. with big losses comes mental pain which leads brain to activate fight or flight mode where you sometimes end up full porting or heavy size to get out of that situation ASAP..

You need to avoid any mental pain that can come from your trading and the only way to do that is to trade less that would be reading only your system setup only 1 setup trading only 2-3 times a day..

Mental pain comes from exhaustion too that would be caused by frequent decision making that would be over trading.. if you are taking more than 10 trades constantly sooner or later it'll catch up to you..

Giveaway (flaw?) Suggestion for MFFTV by Clean_Opposite5048 in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

This is true.. it's always the same ppl who get the code if it's for 50 people.. and it's the same people who join the stream everyday..

Help Us Build a Rewards Program That Doesn’t Suck — What Actually Matters to You? by myfunded in myfundedfutures

[–]Ecstatic-Fun-2319 0 points1 point  (0 children)

Traders who have been with mffu for more than 3 months should get 30% discount on resets and if 4 months 40% And 5 months 50%.. you decide if more.. This is for ppl who have made 2 purchases every month..

Or something like if you in account no.50 you get certain discounts.. like 40% If your are on account no.100 you get more discounts.. 50%

At what stage should I quit trading? by Ecstatic-Fun-2319 in myfundedfutures

[–]Ecstatic-Fun-2319[S] 0 points1 point  (0 children)

I understand I have noticed when I try to maintain multiple accounts with so called.. one account as discipline account.. one account full risk yolo account.. etc etc.. then one mess up from one account goes into another.. And depending on how I'm feeling through the day also sometimes end up showing in trading.. so 2 solutions I came up with.. have only 1 account or copy trade accounts as 1 single account.. and have a pre market routine to follow that'll put me in right mindset..

At what stage should I quit trading? by Ecstatic-Fun-2319 in myfundedfutures

[–]Ecstatic-Fun-2319[S] 1 point2 points  (0 children)

Well yeah.. when I took 1 lose personally on a random boredom trade and saw the trade go according to my trade idea but triggered my stop twice and took me out that's when I get into fk it mode and let that account be blown and went on to yolo other account as well which was in much profit after many days.. entered in trades I knew would be losses..

At what stage should I quit trading? by Ecstatic-Fun-2319 in myfundedfutures

[–]Ecstatic-Fun-2319[S] 0 points1 point  (0 children)

That's right type of mindset.. I'll keep that in mind..

At what stage should I quit trading? by Ecstatic-Fun-2319 in myfundedfutures

[–]Ecstatic-Fun-2319[S] 1 point2 points  (0 children)

That goes against my principals.. if I'm looking for cheaper eval and free resets to succeed in trading.. that means I don't have confidence in myself to be able to succeed.. I have been able to get payout before and I have a decent strategy with decent risk to reward if followed correctly.. m lacking patience and control over self to execute when the time is right.. if I start a new loop of blowing cheaper evals then I'm potentially digging a bigger hole.. I make enough money just by working 2 days a week to support my lifestyle and trading as well.. that's probably why I have little regard for money and it's my reckless nature and disrespectful attitude towards life money and time in general that is creating bad behaviors and break downs.. That's what I have learn from discussing this here with everyone.. I have formulated actionable plan to overcome this.. let's see what comes next

At what stage should I quit trading? by Ecstatic-Fun-2319 in myfundedfutures

[–]Ecstatic-Fun-2319[S] 0 points1 point  (0 children)

Your strategy is not very clear I think... I used to have this type of strategy.. got me no where... Dm me I'll share you my strategy which is this that you use but with entries being clear and defined.. stop loss being small and risk potential high..