My Prop Firm Trading Chronicles - Investment (3) - Nairaland
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| Re: My Prop Firm Trading Chronicles by yummy001: 5:55pm On Aug 30, 2025*. Modified: 11:46pm On Aug 30, 2025 |
Dominus007:An A+ set-up is unique to every trader who has found their edge in the market because our trading strategies are not the same.. It simply means a high probability set-up that aligns with the strategy of the trader.. For example, I trade a multi-time frame or top down analytical methodology whereby all the 4 timeframes(monthly, weekly, daily and 4hr) that I use for my analysis must be aligning before considering them for execution. Aside that, the market must be trending on the higher timeframes.. For a trade to qualify as an A+ set-up, it must retrace to the golden zone [50-61.8]of the Fibonacci Retracement tool most times on the daily or 4hr timeframes for me to take a safe buy or sell and continue riding the trend instead of placing orders haphazardly.. Another A+ set-up is trading a Head n Shoulder pattern or its inverted equivalent on the weekly or daily timeframes that has played out for a while and has now retraced from a significant support/resistance zone to retest the neckline before heading back to its original direction. Another major A+set-up for me is a trade that has formed a clear trendline on the daily or weekly timeframes and is about to make its third touch before shooting to the moon. And once in a while, it might just be a confluence of some or all of these factors to make the trade an A++.. The more the confluence of factors, the higher the quality of the trade. Unless our style of trading is the same, you won't be able to relate to my A+set-ups.. |
| Re: My Prop Firm Trading Chronicles by IRIENBOY(m): 8:20pm On Aug 30, 2025 |
Nice |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 10:43am On Aug 31, 2025 |
Hint 2: Trading less is more |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 10:44am On Aug 31, 2025 |
No setup for like two weeks hopefully this week there will food for me from the market |
| Re: My Prop Firm Trading Chronicles by yummy001: 2:07pm On Aug 31, 2025 |
Baiysam:What type of trader are you bro and what strategy do you trade? Because of the 2 weeks break from the market, I am assuming you are not an intraday trader because 99% of them think they must trade everyday irrespective of the market conditions.. |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 7:29pm On Aug 31, 2025 |
I'm a swing trader yummy001: |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 7:39pm On Aug 31, 2025 |
Hint 3: No type of trading is more profitable; but has a human which is limited in ability, swing trading is the most profitable as a human. |
| Re: My Prop Firm Trading Chronicles by Dominus007: 9:36pm On Aug 31, 2025 |
yummy001:Thank you for the detail in your response. I actually got value out of it. Although I trade using ICT concepts, I truly appreciate your answer. |
| Re: My Prop Firm Trading Chronicles by Dominus007: 9:38pm On Aug 31, 2025 |
yummy001:I used to have this perception, looking for positive setups to trade where there was none. Forcing my bias on the markets. Na so accounts take blow. I've acknowledged the error of my ways, & have come back to the markets with a new perspective. |
| Re: My Prop Firm Trading Chronicles by Dominus007: 9:46pm On Aug 31, 2025 |
Baiysam:I admire your patience. The ability to stay disciplined and wait for days/weeks just for that A+ setup, rather than forcing your idea on the markets or being 'trigger happy'; although, being a swing trader may help with the waiting process. |
| Re: My Prop Firm Trading Chronicles by LincolnOnyeabor: 12:36am On Sep 01, 2025 |
Baiysam:Drop oo my boss. Lost my $10k Blue Guardian account in phase 3. Omo!!!! I really need to learn fa. I'm sure I will scale through definitely. |
| Re: My Prop Firm Trading Chronicles by ceejeck(m): 1:15am On Sep 01, 2025 |
Baiysam:I wish I could like this several times. I left maven cos of spillage, their funded and challenge account spillage are different. Esp for someone like me that trades mainly Gold cos of its volatility. |
| Re: My Prop Firm Trading Chronicles by IRIENBOY(m): 7:38am On Sep 01, 2025 |
Which pro film is good for gold trader? |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 5:55pm On Sep 02, 2025 |
Best trade with FundedNext because the contract size is high for scalpers majorly. IRIENBOY: |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 6:18pm On Sep 02, 2025 |
Missed trade on NZDUSD looking for entry on US30 |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 6:21pm On Sep 02, 2025 |
Hint 4: All the money ethics in real life also applies to forex. |
| Re: My Prop Firm Trading Chronicles by Dumartz: 11:12pm On Sep 03, 2025 |
Baiysam:But how come they are giving u just $95 as profit on a $5K challenge 2 step of $650 profit target?? Or u have withdrawn some of profits before?? |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 9:10am On Sep 04, 2025 |
At funded phase no profit target any profit you can request payout. Dumartz: |
| Re: My Prop Firm Trading Chronicles by Dumartz: 7:31pm On Sep 04, 2025 |
Baiysam:What about the drawdown rules? does it still apply in funded phase like it was in challenge?? |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 10:28pm On Sep 04, 2025 |
Yes 8% total drawdown and 4% daily drawdown as usual. Dumartz: |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 10:30pm On Sep 04, 2025 |
Trade Update: Got stopped out on US30 and it went my direction |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 10:34pm On Sep 04, 2025 |
Hint 5: It you're broke and jobless Forex can't save you. |
| Re: My Prop Firm Trading Chronicles by Techie25: 7:37am On Sep 05, 2025 |
Baiysam: Baiysam:Quick question, I see so many funded prop firms claim you have to make atleast 10% before placing a withdrawal and also you have to wait 8-21 days for processing while also trading. Do you mean it doesn't work that way ln Maven propfirm or all propfirms or general? |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 8:56am On Sep 05, 2025 |
Every prop firm has its rules Maven isn't like that. Techie25: |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 8:57am On Sep 05, 2025 |
Meanwhile...
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| Re: My Prop Firm Trading Chronicles by Dumartz: 12:56am On Sep 07, 2025 |
Baiysam:That's over 300 pips, Weekend don soft💰 Map out ur zone, then wait for liquidity to tap into ur zone, booommm🚀🚀🚀 |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 1:10am On Sep 07, 2025 |
Sharp ![]() Dumartz: |
| Re: My Prop Firm Trading Chronicles by Dumartz: 12:40pm On Sep 07, 2025 |
Baiysam:Still with that $5k aza? |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 6:40pm On Sep 07, 2025 |
| Re: My Prop Firm Trading Chronicles by Dumartz: 8:59pm On Sep 07, 2025 |
Baiysam:Omo u just help am scale fence den him begin enjoy ![]() Will buy d $5k challenge, i need to double up too |
| Re: My Prop Firm Trading Chronicles by Baiysam(op): 11:10am On Sep 08, 2025 |
Exactly we rise by lifting others Dumartz: |
| Re: My Prop Firm Trading Chronicles by Dumartz: 12:50pm On Sep 11, 2025 |
Xup bro, Can i use 0.2 lot for the $5k two step challenge?? Or what's d minimum lot size to avoid account being cancelled or violation?? |
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