Thoughts on passing FTMO Phase 2

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Trading on the 1 second chart sounds intense

Joss said:
Trading on the 1 second chart sounds intense

1 minute is a better timeframe for finding key levels :joy:

Mal said:

Joss said:
Trading on the 1 second chart sounds intense

1 minute is a better timeframe for finding key levels :joy:

30 seconds works as a middle timeframe for trades. :joy:

Scalpers are really impressive. It’s challenging. Do you trade on the 1-minute or 10-second charts? Do you mix buying and selling or stick to one direction based on strong trends? Seems like you need to catch all market moves haha. Great job :ok_hand:

@Braeden
I focus on scalping short trades on the 1-minute. I usually just make one entry to buy or sell. I only trade US30 and US100, and I always follow the trend :slight_smile: No fighting the trend.

Merlin said:
@Braeden
I focus on scalping short trades on the 1-minute. I usually just make one entry to buy or sell. I only trade US30 and US100, and I always follow the trend :slight_smile: No fighting the trend.

Congrats on that success. Keep pushing forward :clap:

Hmm, it looks impressive until you realize that’s just for one day’s trading :confused:

Eden said:
Hmm, it looks impressive until you realize that’s just for one day’s trading :confused:

Yeah, on FTMO. I’ve been trading on a real account for 6 years :pray:t4::pray:t4::pray:t4:

Merlin said:

Eden said:
Hmm, it looks impressive until you realize that’s just for one day’s trading :confused:

Yeah, on FTMO. I’ve been trading on a real account for 6 years :pray:t4::pray:t4::pray:t4:

Why not aim for the largest funded account though? :thinking:

You must be using a trading bot or some expert advisor. Over 300 trades in one day is wild, that’s more than I would take in a whole year haha. But if it’s working for you, that’s awesome dude :clap:t4:

Jesse said:
You must be using a trading bot or some expert advisor. Over 300 trades in one day is wild, that’s more than I would take in a whole year haha. But if it’s working for you, that’s awesome dude :clap:t4:

I’m really just myself :rofl:

@Merlin
Fair enough, keep it going champ :joy::v:t4:

@Merlin
That might explain it :joy::rofl::rofl:

Jesse said:
You must be using a trading bot or some expert advisor. Over 300 trades in one day is wild, that’s more than I would take in a whole year haha. But if it’s working for you, that’s awesome dude :clap:t4:

That’s the number of trades I would take in over five years. :joy::rofl::rofl::crazy_face:

Jesse said:
You must be using a trading bot or some expert advisor. Over 300 trades in one day is wild, that’s more than I would take in a whole year haha. But if it’s working for you, that’s awesome dude :clap:t4:

Must be automated trading because if it’s not, OP really took a big risk going over the profit target. Once you hit the target, you should close everything since it doesn’t help to keep going.

@Carmine
The last time I set up a trade was with my buy entry at 100, but I can’t control when the price goes up.

Can you share your strategy so the rest of us can learn?

Sawyer said:
Can you share your strategy so the rest of us can learn?

I use a technique based on price levels and support/resistance. I trade during the US session. On a $100K account, I think like I have $5K, and I always cut losses if my setup fails. Remember, recovery is always possible. Here are my indicators - Main Indicators:
1. Bollinger Bands
2. Ichimoku Kinko Hyo
3. Moving Average
4. Parabolic SAR
5. Envelopes

Indicator 1:
1. Relative Strength Index (RSI)
2. Money Flow Index (MFI)
3. Average Directional Movement Index (ADX)
4. Standard Deviation