₦airaland Forum

kozmicity:
GJ, I hope it doesn't retrace


I'm forced to reduce my TP, instead of targeting my original TP because I run the risk of retracement which can make me hit DD with prop firm rules.

Riverrun:
See the two senerios that shows how an account size with $100,000 starting balance works for;
(1) balance base
(2) equity base
Where the daily drawdown is 5%.

Note that the starting balance can be any amount. For this explanation, we have chosen to use $100,000 as our starting balance.


(A) BALANCE BASE:

Day1; for your $100,000 account, your daily dd limit would be $95,000. Meaning, for that day;

i) if you are in a loss trade and your $100,000 account gets to $95,000 and below then you have hit your 5% daily DD limit.

ii) if you are in a profit trade and your hit $105,000 and above you have expanded you daily DD limit. You now have more money to play with for that day (Note this is not so in equity base).
for you to hit daily DD would only be when you loss all your profits for that day and the account continues to go down until it reaches $95,000.

iii) if at the end of the day1, you ended in profit. Let's say $107,000 then for day2 your daily DD limit would be $101,650.
(How? See how.
5% of $107,000 is $5,350.
So 107,000 - 5,350 = $101,650).

iv) this calculation will continue at the end of everyday just as the market rolls over into a new day taking the account/equity balance (whichever is higher when the market rolls over) in consideration.



(B) EQUITY BASE :

Now everything above is same in equity base except number (ii) above.

In equity base, you account is being trailed with the 5% daily DD on every positive price movement above the $100,000 starting balance. Example

Day1; for your $100,000 account, your daily dd limit would be $95,000. Meaning, for that day;

a) you enter a trade and price movement made your equity $105,000. if price retraces back to $100,000 that same day then you have hit daily DD limit.

b) you enter a trade and price movement made your equity 106,000. If price retraces to $101,000 that same day then you have hit daily DD limit. You don't have more money to play with as balance base provides

c) you enter a trade and price movement made your equity $103,000. If price retraces to $98,000 (not even $95,000) that same day then you have hit daily DD limit.

d) to survive in this kind of market you have no choice than to use a more reduced lotsize that can contain those price retracements to avoid hitting daily DD.

infofirst:
As some pipish and mesish and vapish people are on full time to scam us on this thread. Some amazing folks are striving to bring rewarding information and offers to improve us here as a family. May those offers come tru.
Be on the look out.

So quick one, what can a $10k challenge giveaway do for you if you win it here randomly without any competition ? How long can you pass it? If you are to nominate someone to get the giveaway instead of yourself, who will you nominate here?

abduleez1:
Guuuuyyyyy..... Correct 💯.
You thief Megan Good from me sha.

Kaycee7:
I bet you always take your coffee black

Share 4 Pics That Exposes your taste in Women

tubabs2002:
See person wey him brain dey work well. mumu like you, why you no upload am since you get am since?

You just sitdown early morning untop itel phone dey type nonsense. Na you wey dey sensible dey loose access to email ?


You just dey yarn dust, i no get your tym

tubabs2002:
Who be the busybody here?

1.Just posting it cos i just got it now wen una no dey helpfull about getting it downloaded. Some of us barely have time to go sit at a cinema.

2.Na you wey join nairaland for 2023 be old man?

tubabs2002:
Who is the joke now?

Some of you are just only limited to the things you know, here is the download link. Watch and enjoy


https://www.thenetnaija.net/videos/movies/19460-meg-2-the-trench-2023

Ishilove:
I disagree with you. The story is unique because something impossible in reality worked because of the power of love 😍. I loved Elemental because of the plot twist and unique characters. You may disagree with me but I'm sticking to my pov.

Octopusssy:
I don't need to google the names to know that they are not conventional actresses. The fact that I have never heard of these people, yet you people are discussing them with so much glee tells me all I need to know. It is still from one of your WhatsApp group members that I first heard of Lexington Steel and I googled him.

abduleez1:
I wan confirm something fess.... She truly open everything waa?? 🌚🌚

abduleez1:
Lol, her boobs don't look all that natural Shi Shi when she's about 50+ and breast still dey stand gidigba. 😂😂
There are some boob job that looks natural as hell and you'd swear on your progenitors it's REAL. eg. Ava Addams, Nyomi Banxx and Jada Fire. 🌚🌚

majesticguy:
You don't mean it 😲... I already downloaded the movie but haven't seen it... I have many interesting biopics on my watchlist , let her keep her naked.ness for now😄.

majesticguy:
Na abduleez1 sugar mummy you day attack so, my hand no day ooo 😂😂. I day tell you, she's just a fine face, her body no too set self(I wonder why guys are crushing on her). I'd pick Salma Hayek over her any time any day. Not talking about their acting prowess, cause both of them are the same.

For acting it's Charlize Theron and Jennifer Lawrence for me. Both ladies got a whole lot of acting range.

descartes400:
why you dey suspect na?

shey you know there are some strong sh**t wey fit wounjor yansh

HanisahZuwy:
I don't get you. What do you mean please?