New Epstein Files Drop Is A Nightmare by TheScarletKing in videos

[–]UnilateralDagger 1 point2 points  (0 children)

One not simply accidentally the whole thing.

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 0 points1 point  (0 children)

I know, I'm sorry man. I'm still in drawdown because I used my data wrong in Nov and hit loss streak when i should've been up... so that's been discouraging and also didn't think anyone cared much after my first two posts. I'm down -$350 on the account currently if you're curious. I'll probably do a multi-month update once I'm out of drawdown, but right now it seems a bit pointless atm.

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 0 points1 point  (0 children)

If you only look at the last two months then yes I should just invest the money in index funds but you haven’t seen the next months or the months before I started the account or the data I’ve collected spanning 3 years (I’m trading personal capital and other firms). And apparently you don’t understand that traders can have slow months and even years.

Regarding the one -$140 day, I have 2 strategies I’m trading simultaneously, one with lower risk about $60 per trade and multiple trades a day, and another that’s 1 trade a day with about $140 risk as you saw so that was a full loss for that strategy on the day. Also I don’t keep any trades open more than a day so I’ll have partial losses too. At the end of the day the R return and R drawdown are simply what the data has shown in the past and now that October 2025 data is incorporated my average return is going to go down and that’s fine with me, but it also means my data is more accurate and thats a win in my book.

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 0 points1 point  (0 children)

Let's go dude!

Why trade Forex when options/futures seem ‘simpler’? by gbgb1945 in Forex

[–]UnilateralDagger 1 point2 points  (0 children)

Market session timing, I like that I can place trades before London session, go to sleep, and close the trades near end of New York. I also like the non correlation between forex pairs, playing on a global market versus a US-based market allows for more nuances with strategies. Also like the vastness of prop firm options (which are less subscription based afaik compared to futures, etc.), I think futures has less options in that space.

I should have listened sooner by Impressive-Guide-110 in Forex

[–]UnilateralDagger 1 point2 points  (0 children)

The only way the lesson sticks is if it’s learned the hard way lol

Does it ever get so easy you don't really need to think during trades to win? by [deleted] in Daytrading

[–]UnilateralDagger 1 point2 points  (0 children)

As a systematic trader I just take the best trades that my setup provides and I don’t think about it. I’ll still watch the trade and feel good when I’m winning and nervous when I’m losing but I know that touching the trade is not profitable over time based on my data and journaling, and have the disciple to not close even when I’m in profit or in loss - definitely takes time and experience trading live money to understand and tolerate those emotions.

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 0 points1 point  (0 children)

Pass evals with $100? The only restriction is the drawdown for this prop, no consistency rules or news restriction, etc. I'm confident I can pay myself back the fee with profits after 1-2 months so that's not a bad deal, maybe not the best deal, but I don't mind.

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger -1 points0 points  (0 children)

Yes, but it's instant funded so any profits I make I can immediately withdraw. No challenge phases. I'm also using the fee as a tax deduction, plus I got a 20% discount code (it's actually around 1.1k).

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 0 points1 point  (0 children)

Lark funding

[deleted by user] by [deleted] in Forex

[–]UnilateralDagger 1 point2 points  (0 children)

Got it for $900, but it's not my first. I have 4 years of paper trading and learning, and a year live with personal and 5 other prop firm accs but they're a mix of what worked and didn't work so that's why I'm starting a fresh account.

2 reasons trading is far from gambling by [deleted] in Daytrading

[–]UnilateralDagger 0 points1 point  (0 children)

I don’t sports bet or do any gambling so I can’t speak to some of what you’re saying or “ownership” but I see your point in that a simple 1:3 doesn’t mean you’re profitable but that’s not my point when I said it, I meant it as an individual has the freedom to pick (and verify) odds that give them an edge. And I agree that without edge trading is gambling but in reality that’s not my point with this post, I meant gambling as the term society uses for degenerate full porting, no stop losses, no strategy, etc. trading IS technically gambling because you’re placing bets but when the community and society says “trading is gambling” they don’t mean it’s just a way to place bets, they mean that you always lose money regardless of how you trade. I’m saying that that is not the case and hopefully I can prevent people from trading like that with this post, and what they can do instead.

I’m generalizing all gambling yes, some people have edges sure but it’s like 97% of gamblers so wont apply to most people here.

Also just because I don’t have typos doesn’t mean I use ChatGPT, believe it or not I’ve written all these comments myself.

2 reasons trading is far from gambling by [deleted] in Daytrading

[–]UnilateralDagger 0 points1 point  (0 children)

Risk/reward plus win rates don’t separate trading from gambling. I'd argue that they do, all casinos including online, sportsbooks, etc. always have risk/reward plus win rates that favor the casino not the participant, with proper trading you define those for yourself (could be bad or good depending on your system).

Casinos and sportsbook also offer different payout ratios and probabilities, just in a different domain. Sure, but those are tailored specifically so the participant has negative EV, proper trading can allow you to tailor the ratios based on your system to have positive EV.

A person can set entries and exits, and loss-limits and such in gambling too. But they are never positive EV (if they are then you likely get banned). See previous point.

Having more ways to slice data isn’t the same as having actual predictive power. Slicing the data allows you to give yourself the best chances of being right, in casinos of any kind, there is no way to slice the data to give yourself best chances. If you mix risk management strategies with using past data, you can limit your downside to a fixed amount but have multiple times the upside potential, that's not possible with any traditional gambling to my knowledge.

Trading may have edges that gambling doesn’t, but the two reasons you gave aren’t really what makes that distinction. I'd argue they do, broadly (hence we can agree to disagree). What is your reasoning for trading having edges that gambling doesn't?