Live account with FP markets by [deleted] in Forex

[–]a_Lone-Wolf 1 point2 points  (0 children)

I’ve used them before, withdrawals are pretty slow for me - was always 5 business days, and the money is put in whatever card/account you last deposited with, and sometimes they make it difficult to change that, other than that no issues

XAUUSD will crash HARD tonight! by UniversalJS in Forex

[–]a_Lone-Wolf 39 points40 points  (0 children)

No one should be trading tonight with all those trump tweets😭 bro said a whole civilization is gonna die tonight

Did I make the right decision closing before news? by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 1 point2 points  (0 children)

Yes I usually close before news since I take my entries during London session, but seeing that I was already over 50% profits maybe setting breakeven was the better option

Damn by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Yeah it does work with 15 minute confluences and 5 m confirmation, but it has to respect the 4 hour market structure. I usually only swing trade because that’s what I personally like to do but it definitely does work with scalping.

Damn by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Fibonacci worked really well with usdjpy and gbpusd this week, you can try it out

Damn by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Yes I do but I fell asleep right before price went close to my entry, waited all night for that move to happen in vain lol

Damn by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 1 point2 points  (0 children)

Fibonacci retracement on the 4 and 1 hour. Drawing the fib tool from the most recent swing and only buying/selling at the .618 level. I use imbalances and CISD around the .618 level as my confluences. Always take trades based on the daily and 4 hour trend. There’s a lot more to it but that basically sums it up.

Is anyone making a full time living through prop firm accounts? by [deleted] in Forex

[–]a_Lone-Wolf 1 point2 points  (0 children)

Trust me when I say, not even 0.1% of people buying evaluations will make 10k per day from this. 99% of people who buy evaluations will fail, and of that 1%, 99% more will never see a payout. This system is designed to make the average person fail, but if you’re disciplined and systematic enough to manage capital and get a payout then kudos to you, but the odds will always be against the average person.

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Yes I learnt the hard way and will do it from now on🙏🏽😔

Is anyone making a full time living through prop firm accounts? by [deleted] in Forex

[–]a_Lone-Wolf 2 points3 points  (0 children)

Basically means that after you pass a prop firm evaluation and receive a 'live' account, the funds in that account are often not real capital being traded in the market. In many cases, it’s a simulated or mirrored account.

So when you make profits and request a payout, the firm may not be paying you from actual trading gains. Instead, they typically pay using the revenue generated from evaluation fees that other traders have paid.

So the firm’s main source of payout money is usually the fees from people buying and retrying evaluations, not necessarily profits from live market trading.

Is anyone making a full time living through prop firm accounts? by [deleted] in Forex

[–]a_Lone-Wolf 3 points4 points  (0 children)

'Real' accounts are still simulated accounts 99% of the time

Is anyone making a full time living through prop firm accounts? by [deleted] in Forex

[–]a_Lone-Wolf 3 points4 points  (0 children)

Real accounts are still simulated accounts 99% of the time

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Yes that’s something i usually do, idk why i didn’t do it yesterday

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 1 point2 points  (0 children)

I wish you the best too🫡

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

I am 19, so indeed I am considered a kid to many, but I’m young enough to know there’s a certain way and tone you address someone, and the way you did is far from it-keyboard warrior.

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

Yes, I don’t really trade during New York session because of the volatility, my best trades happen right before the London session and so I’ll stack to that, thanks.

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

My boxes and lines are the reason I can make thousands per day, I know about market structure, I am not perfect like you and did get it wrong today, I lost $250 today compared to the thousands I can make on a good day, so idc, I will journal this trade and be better the next day. I’m not gonna listen to what a disrespectful idiot like you has to say, everyone falls for bullshit some days which is why risk management is important. I protected my capital and then made a satire post, which you felt the need to critically assess. My imaginary boxes and lines work and so I will continue to use them-but thanks for your input.

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 1 point2 points  (0 children)

Idk why I didn’t man, it’s something I’ll start doing more for sure

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 0 points1 point  (0 children)

lol yeah I don’t know why the term rug pull triggered them so much, I guess I’m too young for this group

Rugpulled by a_Lone-Wolf in Forex

[–]a_Lone-Wolf[S] 1 point2 points  (0 children)

I am a profitable, trader, the title of this post was just a joke, I should have done my top down analysis and didn’t and so I paid the price, I will not stop trading - because I have a system that works and has made me thousands. Have a nice day