Prediction Based Trading

Discussion in 'Journals' started by stockpredictor, Oct 10, 2020.

  1. I've heard good things about FTMO. The model is almost just what I'm looking for. I'll do some digging this weekend on it.

    Another green day but only half a percent. 82.62 JD should work out as a long but if it steeply breaks I'll try getting out at B/E.
     
    #471     Mar 12, 2021
  2. Missed that EoD SNAP drop. Could have gotten another free 1%... dang it. Also messed up trading on mobile and made less than it should have.

    [​IMG]
    Anyway, that's the week's performance.
    Can be verified here: https://collective2.com/details/134463089

    Looks like a subscriber used the auto-trader to make a little bit. Excited for next week.
     
    #472     Mar 12, 2021
  3. userque

    userque

    @stockpredictor , you didn't notice you now have a subscriber, and AUM? :thumbsup:
     
    #473     Mar 12, 2021
    stockpredictor likes this.
  4. I did notice the sub but hadn't understood what AUM meant until I looked it up. I understand now. I need to be more responsible trading though.
     
    #474     Mar 12, 2021
  5. userque

    userque

    Also, you should consider setting this to 'wait for autotraders.' Savvy subscribers may know if you did or not; and not doing so is considered "scammy."

    upload_2021-3-12_19-36-49.png

    You can find the setting under the 'manage > edit my strategy' menu. Same place where you set your price.
     
    #475     Mar 12, 2021
    stockpredictor likes this.
  6. Done.

    I've done some more reading on FTMO and it looks just like what I'd do great with, like its made for me. No weekend holds allowed, no news events allowed. Max daily drawdown ~5%. The 'test' is reaching profit target which is on the high side but not difficult if one is legit. Previous track record not allowed, so the test must be passed within the time limit of like a month. Then another step that's basically the same thing. Should be easy. They can fund up to 200K to start out with, then scale up over time if consistently profitable.
     
    #476     Mar 12, 2021
    userque likes this.
  7. ph1l

    ph1l

    I was under the impression you trade individual stocks. It appears FTMO lets its customers trade a small list of equity CFDs with FTMO acting as market maker.
    https://ftmo.com/en/symbols/
    upload_2021-3-12_21-0-21.png

    And CFDs are not tradable if you live in the U.S.
    https://comparebrokers.co/compare/cfd-banned-in-us/
    Though you might be able to trade equity CFDs for them as a U.S. resident if FTMO is not considered to be a broker.
    upload_2021-3-12_21-10-14.png
     
    Last edited: Mar 12, 2021
    #477     Mar 12, 2021
  8. Oh, I thought they allowed stock trading. I'll check it out, but if not, there go my hopes at get rich quick
    Edit: you're right. time to commit sudoku
     
    #478     Mar 12, 2021
  9. Another percent up today. Could have been three percent, but I missed a trade early, not been feeling well. The gains came from shorts too. Closed things out too early but only specific situations allow longer holds. Actually, the vast majority of all the trades I made on C2 are shorts. It was just a co-incidence though, I just missed some longs
    [​IMG]
     
    #479     Mar 15, 2021
    userque likes this.
  10. Oh someone else subbed for AUM at 120k now. cool
     
    #480     Mar 15, 2021
    userque and guru like this.