BinaryRocks:

No refund

friendbee:
@eddie, realone12 others please fire on. this competition has no rule, no dd nothing . nothing.

OfficialP:


No. DD rule? Just seeing this.

We should have included rules that will help us pass the prop stages 1 and 2 also. Except the prize reward is cash. Is it samfelly?

Anyways am sticking to defined risk of 0.5-1%/trade

friendbee:


Reading again shows its a free show that is y whose guys are firing from all sides, I will get my bazoooka too

friendbee:
@eddie, realone12 others please fire on. this competition has no rule, no dd nothing . nothing.

samfelly:


It's truly eat your heart out o. No Organizer's rule or anything. Only play safe with FTMO'S rules and their drawdown. Remember, you have to pass the ftmo account to be counted a worthy trader and grab the prize from the sponsor. Nameste, brother

Samsung004:


Do they increase your daily target profit daily as you grow

Donsheddy:



Here it' is...
Ftmo rules applies

Donsheddy:



Here it' is...
Ftmo rules applies

friendbee:


Reading again shows its a free show that is y whose guys are firing from all sides, I will get my bazoooka too
If there is DD, they are out long ago

Samsung004:


Do they increase your daily target profit daily as you grow

Jameselias:
Trading is a get Rich slow scheme

Donsheddy:


For those that's confused with mff and ftmo d.d rules....


In mff your d.d increases as you go in profit and decreases in loss.....


Example if you start today with 10k balance.
Your d.d will be 5% of 10k which is 500$.

Let's assume you made a profit of 200$ and you start the next day with 10200$.

Your d.d will be 5% of 10200 with is 510....

Same applies if you lose.
Let's assume you loss 200$ and start the day with 9800$ your d.d will be 5% of 9800 which is 490$......


Now d.d Is calculated based on equity or balance which ever one is higher.....


Let's assume at the end of the day you have a running trade which is still in profit 200$. Since you've not closed the trade your balance is 10k dollars....

It is assumed you closed the day with 10200 even tho it's running trade so your d.d will be 510$....

That means if your trade goes back to entry the next day. That means you've lost 2% from your d.d and you're left with 3% of the 10k balance......


Same applies which in loss...

Let's assume your balance is 10k and you end the day with running trades thats in loss of -200%,.

Your d.d for the next day will calculated based on the the balance since it's the higher than equity....

That means you have only have 3% loss for the next day since you're already in 2% loss.....


I think this model is to help curtail over trading.......



But ftmo is fixed at 5% of the 10k given....

If you close the day with 2% profit 10200 the next day your d.d will be only 500% ....

That means you can Loss your 200% profit and extra 300$...

Same applies if you lost your d.d will still be 500 dollars.....


If your trades is running trade....
At the end of the day... Your d.d is calculated from your closing balance not your running trade.....

I don tire to type

infofirst:


Boss. Good to have you in this season too

Jameselias:
* Stop losses are cheaper than big losses.
* Don't trust price action, trust stop losses.
* Risk management is more important than your opinions and predictions.

Donsheddy:


For those that's confused with mff and ftmo d.d rules....


In mff your d.d increases as you go in profit and decreases in loss.....


Example if you start today with 10k balance.
Your d.d will be 5% of 10k which is 500$.

Let's assume you made a profit of 200$ and you start the next day with 10200$.

Your d.d will be 5% of 10200 with is 510....

Same applies if you lose.
Let's assume you loss 200$ and start the day with 9800$ your d.d will be 5% of 9800 which is 490$......


Now d.d Is calculated based on equity or balance which ever one is higher.....


Let's assume at the end of the day you have a running trade which is still in profit 200$. Since you've not closed the trade your balance is 10k dollars....

It is assumed you closed the day with 10200 even tho it's running trade so your d.d will be 510$....

That means if your trade goes back to entry the next day. That means you've lost 2% from your d.d and you're left with 3% of the 10k balance......


Same applies which in loss...

Let's assume your balance is 10k and you end the day with running trades thats in loss of -200%,.

Your d.d for the next day will calculated based on the the balance since it's the higher than equity....

That means you have only have 3% loss for the next day since you're already in 2% loss.....


I think this model is to help curtail over trading.......



But ftmo is fixed at 5% of the 10k given....

If you close the day with 2% profit 10200 the next day your d.d will be only 500% ....

That means you can Loss your 200% profit and extra 300$...

Same applies if you lost your d.d will still be 500 dollars.....


If your trades is running trade....
At the end of the day... Your d.d is calculated from your closing balance not your running trade.....

I don tire to type

abham:
Good morning.

Be sure to backtest with the data before hitting the buy or sell button.

Borntosmoke:


Bro u dey talk like Tonyfx . Hope u are not him.

Borntosmoke:


Bro u dey talk like Tonyfx . Hope u are not him.

Brooktrader:
GOLD 15M

Risking 20pips for 80pips

�

OfficialP:


No. DD rule? Just seeing this.

We should have included rules that will help us pass the prop stages 1 and 2 also. Except the prize reward is cash. Is it samfelly?

Anyways am sticking to defined risk of 0.5-1%/trade

friendbee:
@eddie, realone12 others please fire on. this competition has no rule, no dd nothing . nothing.

Elmajeed3597:

wait no DD rule

Elmajeed3597:

like for real no DD...