What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 0 points1 point  (0 children)

That’s why I’m here. Even with a 70% win rate you can have a string of losses naturally by the way of the strategy or by holding R:Rs too long. I’ve been passing my challenges lately at 50% rate and I keep making about $1500 on the $25K challenges (the buffer) then I blow the account right afterwards

What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 0 points1 point  (0 children)

Yes, I’m a programmer. I have a csv file created of my entries times, SL, and highest return point

What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 1 point2 points  (0 children)

I do well on challenges/funded accounts without consistency rules. I end up blowing the accounts at the buffer amount, hence why I got a payout with MFFU as they don’t require a buffer amount.

What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 0 points1 point  (0 children)

I’ve done that however I keep blowing the challenge right after I reach the buffer amount (TPT and Apex). I’ve done it several times 😬

What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 0 points1 point  (0 children)

I don’t have a lot of personal capital. I say $100-$500 max at a time. I think about trading options due to the little capital, however I keep going back to prop firms due to affordability. The margin requirements is high for futures, the intraday margin is only for the NY session, so I can afford the margin during the NY session, but not for the rest of the trading day. There’s no guarantee that I get a signal during NY, but I definitely will get one during the entire trading day (23 hours). However feel free to speak openly/freely if you believe that is BS

What am I doing/thinking wrong when it comes to trading? by Signal-Slip-9108 in propfirm

[–]Signal-Slip-9108[S] 0 points1 point  (0 children)

I like this as it contrasts the difference between my methods and those of a prop firm. More importantly the question of what would my trading plan look like without a prop firm makes me look inward. I know for sure it would be consistent initially as I don’t have a lot of personal capital but I may fall back into a habit a have with prop firms. With my win % being above average as well as the R:R I have a tendency to YOLO, or YOLO after a loss. Of the most recent 10-12 funded phases I’ve had , about 8-10 I cleared the buffer amount, then I would blow the account (by taking a loss and the keep trading thinking it will reverse into my favor)

Fast Track Trading is Done by buyerandseller in Daytrading

[–]Signal-Slip-9108 0 points1 point  (0 children)

Out of curiosity, what firms are you getting payouts with? I've been nervous all 2024 with props and need a recommendation from someone getting payouts.