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It seems like all the traders now are joining prop firms, using EAs to pass the evaluation phase, then blow their accounts after they go live because they don't really know how to trade or use the right leverage. They overleverage because they have a bigger account size. But having a $200,000...
i hear people saying that they trade with the trend and the trend is your friend. that when it's a down trend, they sell. When it's a up trend, they buy. Isn't there money being made as it ranges back and forth?
Prop firms are sneaky. You have to find out what the rules are so you don't violate them and get booted. It's not just the draw down and daily lost limit. Can you use EA? and if so, what type are you allowed to?
I got an email from nextstepfunded saying that i violated the rules and I'm not...
I tried using indicators before, but I feel like it makes my charts messy and I have no idea on how some of them even work. it's a bunch of lines and scribbles. Do you use indicators and which one is the best that works consistently for you?
I am used to the how MT4 looks like but I really like how MT5 has the 1 touch trade to make it easier if you're trying to close quick or open a position quick and not miss the price you were looking to get into. Which one do you prefer? what are the pros and cons that you experienced?
What type of trading strategy do you have? do you hold trades for days or in and out within a day and wait for the next set up tomorrow? How did you develop that insight on how you look at the market?
I bought this bot a few weeks ago. So far, it has been making a little bit of profit for my account size. Anyone use this and have recommended settings that is working for you?
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