Thanks. I also think my problem lies less with the entry or disciplined execution, but rather, as you say, with what follows and having a plan around the whole thing.

The PriceBob Strategy

Thanks for your kind words and help. I’ll look at it. If there are 20% trending days a month like the one today on DAX where it moved to a +9R, that’s 4 days per month. 4x9 where 1R = 1% risk, that’s a 36% profit. 16 days loss at -1R is -16%. ...

The PriceBob Strategy

S&P 500 in progress. image Edit: Worked out. +1R image image

The PriceBob Strategy

This is your thread, and I respect that, of course. I'm just trying to find effective help, but it doesn't seem to be helping me at all. I'm going to back out. Cheers!

The PriceBob Strategy

That’s good. Let me know if you’re still up by the end of the year and followed your plan. I see you’re not only trading DAX but started to post charts for further markets, maybe it helps to smooth out things and to achieve a more consistent equity ...

The PriceBob Strategy

Feel free to look at my post about FTMO here Until now, I also thought the company was decent and offered a real opportunity, but now I'm not so sure. I'm not in a hurry per se, but after 10-15 years of trading, I'd like to see results that justify ...

The PriceBob Strategy

Yes, it looks like it. It's a shame, I thought they'd be fairer. Here are a few statements I found: There are many more statements like this. Is there any reputable prop company left that sets the rules up front and then doesn't come up with excuses ...

Prop Firm Hub

DAX MeBob today. Unfortunately, I missed it, but I count it as a win for my forward test of the current trading plan. As vidvad already said, you shouldn't pay attention to FOMO, but I still wonder if a rigid 1:1 risk/ratio makes sense (or even a ...

The PriceBob Strategy

I've done a manual backtest for the last 3 months using my current trading plan only for DAX (e.g., risk a fixed 1R with a SL at the low/high and a fixed TP at 1R, max. 2 trades per day with one SELL and one BUY each if possible within the timeframe ...

The PriceBob Strategy

I'm increasingly reading about FTMO, which were previously largely considered reputable, trying to get rid of their profitable traders through rules that weren't clearly declared as such upfront. For example, receiving emails when positions are more ...

Prop Firm Hub

I could use a trade management tool that trades the breakouts according to my specifications, since manually placing the market orders on a closed candle outside the range as well as risk and profit management in my manual execution not only ...

The PriceBob Strategy

What do you mean when you say that ES is a "thick" product and DAX is "thin"? Yes, what you're saying all sounds reasonable. Capital would be less of an issue, but finding a plan that's consistently profitable for me would be more of an issue. An ...

The PriceBob Strategy

Yes, I don't want to deny that it's been my fault so far, even though I've been disciplined in implementing all the strategies that were objective and rule-based. Job. Yes, a traditional 9-5 job that also pays well enough is difficult to find due to ...

The PriceBob Strategy

I also didn't mean a "perfect" system that has a 100% win rate. I'm well aware that there's a random distribution of wins and losses. Yes agree, but the question is whether this can lead to a consistently profitable result, with all the rules being ...

The PriceBob Strategy

DAX today +1R (1 BUY) image

The PriceBob Strategy

Have you ever asked yourself whether a 100% rule-based trading plan without the influence of ANY discretion can really be profitable in the long term in a completely dynamic environment with constantly changing market conditions? I would love to ...

The PriceBob Strategy

image

The PriceBob Strategy

I wish you could forecast the 1-2 trending days per month but unfortunately you can’t.

The PriceBob Strategy

I love you too.

The PriceBob Strategy

S&P 500 - stopped out and no second chance to buy. image

The PriceBob Strategy