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TST Combine results and strategies for passing

  #116 (permalink)

Elite Member
somewhere, brazil
 
Futures Experience: Intermediate
Platform: metatrader
Favorite Futures: forex
 
Posts: 60 since Jul 2011
Thanks: 0 given, 23 received

This thread has been an interesting read from the beginning.

So the max DD is only 5% of account value? If so, that's doable but very strict. I was reading over the weekend about some signal providers who have hundreds of people following them and their DD is around 18%, yet they are consistently very profitable doing somewhere around 19%/month. Some trades take time to work out. On Wednesday, I went 6% DD, but I made 100+ pips by sticking with those trades. Still, it's their company and their money! I woudn't do what they do. I would love to see some stats on who pays and is funded compared to the people who don't pass.

Pedro, if your good, why not just create a forex account and then hook it up to myfxbook, trade your own account, and let people follow you? I already have people who are wanting to follow me, but I'm not going to allow autotrading until I fund a new account and seperate the swing trades from the day trades. Because swing trades have wide stops and DD. Stops on a 5 min chart can be 10-20 pips/ticks while on a daily, it can be 100! Maybe you won't make as much money as a real prop trader with a multi-million dollar account, but at least it's a start :-)

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