Sorry I should have also mentioned that it becomes static after the trailing period, read the programme. So it’s no problem to me at all. Once I’ve got my head around using their equity as my drawdown as the pay off for no time limit and 100% ...

Prop Firm Hub

I’ve just opened with Funded Trading Plus using the Advanced Programme. It is two stage 10 and 5% with 10% max DD and 5% daily DD. Have a good read of the rules and to be fair to them everything is very clear. I don’t like the relative trailing but ...

Prop Firm Hub

The relative drawdown/equity as DD is like a hybrid of direct funding but with a better profit share and refunded fee. So it’s their money once you go live. No risk to us apart from our time of course.

Prop Firm Hub

Yes but it’s what they call “relative” and something I have worked with in the past so no big deal for me personally. Also you don’t just withdraw your full profits like the other props, at first this put me off but I’m looking for a scalable funder ...

Prop Firm Hub

Just checked with Funded Trading Plus and they also have no max time limit on their Advanced Programme but is still two phase 10 and 5 %. I didn’t spot this at first and was originally put off by looking at their other low dd single phase offering. ...

Prop Firm Hub

Just FOMO marketing..

Prop Firm Hub

Huge moves these past couple of days. Hope my hedgehog friends covered their positions and protected their capital. I have a 2;1 ratio of drawdown and banked £ so ok but only because I was 1:1 leverage. See you next week, no predicting. Just ...

Hedging/averaging trades without prediction

Yeah, I've had issues with identity theft before so I'm a bit paranoid, rule of thumb for me is G7, possible some Euro, maybe Australia with no other links in that area. However most outsource their back office anyway so it's all a bit of a shambles ...

Prop Firm Hub

I looked at Traders with Edge, China based so not for me.. I value my ID and financial information. At least this side of the world I have some small legal recourse if needed, although it's probably semantic.

Prop Firm Hub

Maybe I've misunderstood it but I interpreted it to be used as a buffer, so instead of having to withdraw everything each withdrawal and starting from scratch again you can build/compound your DD buffer over time, you can't have it both ways? If ...

Prop Firm Hub

Mr T I can see you have been accused of been a shill in this thread for promoting this firm. They appear to have put some thought into the offering unlike all the the other Eightcap prop "schemes", thanks for persisting.. I will give them a go in ...

Prop Firm Hub

Hi Clemmo, I see wave has given you an answer as well which is great advice. On this particular trade if price would have reversed I would have hedged a 2x buy at the high and waited. If price continued up I would close the buy at my next level of ...

Hedging/averaging trades without prediction

Hello, pink arrows just show my entries for this example. Lot sizes are the same size. This one was a small profit (and not traded like wave has described), I hedged to protect against a failed trade and closing both sells covered the buy fail and ...

Hedging/averaging trades without prediction

He's shared his analysis and put in some work. I say good effort and it's up to him what he shares, lets be positive

Billytt Die happy trading e/j daily breakout

Cool, I could have done with a sword and shield last Saturday night at the train station....

Hedging/averaging trades without prediction

Everything traded has to be a pair. Think about it.

Hedging/averaging trades without prediction

Yeah that's a good video. I think most fail at this because they don't know how to roll off, can't be bothered to learn it or are too greedy. Make sure you roll it off! image

Hedging/averaging trades without prediction

Some pearls of wisdom on that thread. … thanks for posting it.

Hedging/averaging trades without prediction

Good trading Bird, it's nice when price comes back to your starting position, makes life a bit easier.. I've been "freestyling" on EG today using higher highs/lower lows etc no fixed TPs or gaps. Currently in 2 sells/2buys and looking to drop the ...

Hedging/averaging trades without prediction

Good luck bird, trade it small otherwise you might end up doing the nightshift managing it..

Hedging/averaging trades without prediction