₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,742 members, 8,423,531 topics. Date: Tuesday, 09 June 2026 at 08:46 PM

Toggle theme

My Prop Firm Trading Chronicles - Investment (3) - Nairaland

Nairaland ForumNairaland GeneralInvestmentMy Prop Firm Trading Chronicles (2697 Views)

1 2 3 4 Reply (Go Down)

Re: My Prop Firm Trading Chronicles by yummy001:
Dominus007:
Bro, do you mind explaining your A+ setup?
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:
No setup for like two weeks hopefully this week there will food for me from the market
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:
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): 7:39pm 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:
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..
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:
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..
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:
No setup for like two weeks hopefully this week there will food for me from the market
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:
I will dropping hints on how I go about blowing multiple accounts to passing and requesting payouts
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:
They will pay you within 24hrs but their issue is spillage.
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:
Which pro film is good for gold trader?
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:
Profit spilt fam
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:
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 Dumartz: 7:31pm On Sep 04, 2025
Baiysam:
At funded phase no profit target any profit you can request payout.
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:
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): 10:30pm 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:
Yes 8% total drawdown and 4% daily drawdown as usual.
Baiysam:
At funded phase no profit target any profit you can request payout.
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:
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): 8:57am On Sep 05, 2025
Meanwhile...

Re: My Prop Firm Trading Chronicles by Dumartz: 12:56am On Sep 07, 2025
Baiysam:
Meanwhile...
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 cool
Dumartz:
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 Dumartz: 12:40pm On Sep 07, 2025
Baiysam:
Sharp cool
Still with that $5k aza?
Re: My Prop Firm Trading Chronicles by Baiysam(op): 6:40pm On Sep 07, 2025
I gave my junior bro

Dumartz:
Still with that $5k aza?
Re: My Prop Firm Trading Chronicles by Dumartz: 8:59pm On Sep 07, 2025
Baiysam:
I gave my junior bro
Omo u just help am scale fence den him begin enjoy grin
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:
Omo u just help am scale fence den him begin enjoy grin
Will buy d $5k challenge, i need to double up too
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??
1 2 3 4 Reply

My Prop Firm Live Account And Withdrawal DiaryMy Prop Firm Strategy Testing Ground.Prop Firm Practice DIARY. Please Follow Me234

aRecharge And Get Paid (RAGP)Can 1 Million Naira Be Able To Set Up A Bet9ja Store