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My Prop Firm Strategy Testing Ground. - Investment (13) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMy Prop Firm Strategy Testing Ground. (28882 Views)

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Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:26pm On Dec 06, 2023
Wednesday 46 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 9:21pm On Dec 07, 2023
Thursday 20 pips loss
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 2:33pm On Dec 08, 2023
Friday 60 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 2:38pm On Dec 08, 2023
Week 1 of December 2023 Report.....


Monday: 45 pips loss

Tuesday: 46 pips profit

Wednesday : 46 pips profit

Thursday : 20pips loss

Friday: 60 pips profit

Total profit. 87 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 7:25pm On Dec 11, 2023
Monday 36 pips loss
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op):
Tuesday 70 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op):
Wednesday closed manually 35 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 1:01pm On Dec 14, 2023
[Thurday Tp hit 46 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 9:02pm On Dec 15, 2023
Friday Sl picked 45 pips
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 9:04pm On Dec 15, 2023
Week 2 of December 2023 Report.....


Monday: 36 pips loss

Tuesday: 70 pips profit

Wednesday : 35 pips profit

Thursday : 46 pips profit

Friday: 45 pips. Loss


Total profit. 70 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op):
Monday 36 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 9:39am On Dec 21, 2023
Tuesday 46 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 9:40am On Dec 21, 2023
Wednesday 20 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 5:13pm On Dec 21, 2023
Thursday SL picked 45pips
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 6:37pm On Dec 24, 2023
Week 3 of December 2023 Report.....


Monday: 36 pips loss

Tuesday: 46 pips profit

Wednesday : 20 pips profit

Thursday : 45 pips loss

Friday: did not trade


Total profit. 57 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 6:39pm On Dec 24, 2023
December 2023 Final Report

Risk per trade 45 pips
RR 1:1

Week 1 +87 pips profit

Week 2. +70 pips profit

Week 3. +57 pips profit

Week 4.


Total profit 214 pips

Total RR 1:4.6
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 6:40pm On Dec 24, 2023
My plan and vision for 2024 coming up next
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:13am On Jan 05, 2024
[color=#000000] Happy New Year Guys

Welcome to 2024...

Last year wasn't a bad year definitely we pray this year will be better....

As usual he who fails to plan, plans to fail....

Im here to drop how i intend to walk this journey this year....

Na who give up Bleep up [/color]
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:16am On Jan 05, 2024
I've got 5 accounts I'm really focusing on and ive got three more i just i will just be playing around.....

I remember at the start of last year i had zero account so this is progress and a plus....

Ive got four with fundednext
6k,15k, 25k and 200k

Ive got one with myfundedfx 10k

Two with the5ers 5k and 5k

And one with alphacapital 5k
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:21am On Jan 05, 2024
My trading plan

I divided this year into segments of 4 weeks and I got a total of 13 months 😂😂😂

Each four weeks, my aim is to end each four weeks with Risk to reward ratio of 1:4.4

Which means every trade i take my sl will be 45 pips and take profit will 46 pips

In 20 days my profit target will be 204 pips

Meaning i need four profitable days while the rest 16 days will be for losses and recovery of losses

In cases i hit the target on time, i will spend the rest days practicing
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:27am On Jan 05, 2024
How i intend to spread my risk

I will be using different risk on each of the accounts

6k account is currently in phase two and in DD current balance is 5860

10k account is in phase two and in dd current balance 9460

200k in phase 1 also in dd 198000

25k in phase 1 current balance 25k

15k in phase 1 current balance 15k
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:37am On Jan 05, 2024

1. 6k risk per trade will be 0.23% which is 0.03 lot per trade, after two successful months risk will increase to 0.31 with 0.04 lot per trade....

Time given to get to live account 6 months(24weeks)


2. 10k risk per trade will be 0.284% which will be 0.04lot per trade, after three successful months, it will increase to 0.23% per trade with 0.05lot and after two successful months, it will increase to 0.322% per trade with 0.07 lot per trade...

Time given to get to live account 10months(40weeks)


3. 25k account risk per trade will be 0.39% with 0.21 lot per trade

Time given to complete phase 1, 5 months (20 weeks) and phase 2 (3 months (16weeks)

Time to live account 8 months (36 weeks)
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:42am On Jan 05, 2024

4. 15k account risk per trade will be 0.65% per trade with 0.21 lot

Time given to complete phase one and two is 5 months (20weeks)

5. 200k account risk per trade 0.184 with lot size 0.8 after two successful months it will increase to 0.23% with lot size of 1

Time given to get to live account 13 months (52weeks)

The other account with the5ers and alpha i will just play around with those accounts
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 11:43am On Jan 05, 2024
i will no longer post charts because fundednext is cracking down hard on copy trading....
So i will just update my end results at the end of each trading days
Re: My Prop Firm Strategy Testing Ground. by BrightFuture48: 12:13pm On Jan 05, 2024
Donsheddy:
I've got 5 accounts I'm really focusing on and ive got three more i just i will just be playing around.....

I remember at the start of last year i had zero account so this is progress and a plus....

Ive got four with fundednext
6k,15k, 25k and 200k

Ive got one with myfundedfx 10k

Two with the5ers 5k and 5k

And one with alphacapital 5k
You alone Donsheddy huh.... congratulations though but please don't bother accumulating more account, it will only add to distraction already at hand.

You need a thorough planning for these accounts, the pair to trade and type of strategy to employ (daily or swing). Remember you just need one to funded to start making things happen. Pls focus don't distract yourself any further.
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 5:11pm On Jan 08, 2024
Monday 35 pips profit
Re: My Prop Firm Strategy Testing Ground. by jinx14: 10:43pm On Jan 09, 2024
Please how can I start and join you guys
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 6:29am On Jan 10, 2024
Tuesday zeroo pips
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 8:10pm On Jan 10, 2024
Wednesday 28 pips profit
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 10:17pm On Jan 11, 2024
Thursday 54.7 pips loss
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 12:47pm On Jan 12, 2024
Stop loss picked 46 pips
Re: My Prop Firm Strategy Testing Ground. by Donsheddy(op): 12:49pm On Jan 12, 2024
Week 1 of Jan 2024 Report.....


Monday: 35 pips profit

Tuesday: 28 pips profit

Wednesday : zero pips profit

Thursday : 55 pips loss

Friday: 46 pips loss


Total profit. 38 pips loss
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