Disliked{quote} I find most days, the high or low on these is already in before the market actually opens. $40/point on a 100K account???? 125 points and you violate daily DD. I've seen that in under 5 minutes. You could go to $3/point on a 100K and you only need 133 points per day to hit 8% in 20 trading days. When doing the challenge, I would always plan so that I had 22 trading days within the 30 calendar days. Those extra couple of days may make a difference.Ignored
I am following us30 since this prop firm try. I
like the movements that it has. Indeed with low point value total sum can be positive overall. Although it is still arbitrary in the sense they can trade in one sentiment and tomorrow just the other way. Some days forget about the interest rates and the other day remember the rate increasings
I understood the daily draw down completely wrong. I thought that 95000 was the rule breachment level. Therefore only rule remained is to stay positive for me.
Gold can also be very good. I had the idea to sell it above 1980. I missed it it due to the holidays mainly. And then bought at 1970 which was good but due to the buy trade I forgot the sell option. Some small things makes everything complicated
If I get the chance I will try it with smaller lot sizes. I started the first days without trading. Which was mine biggest mistake, in oil was very good options as it oscillated with a amplitude of $3. With one lot 10% could be easily achieved.
1
1