Forum Forexroasted

i already have 200 on xm from when i started. move it or leave it?

took a punt on a smaller prop firm that doesnt get talked about much, mostly because the challenge fee was low and i was curious. wanted to share the honest experience for anyone considering going off the beaten path instead of the big names, since theres almost no independent info on the smaller ones.

+1. vps is necessary for: algo trading, scalping, anyone trading from unreliable internet, anyone running multiple monitors with multiple charts that strain a laptop. vps is unnecessary for: swing trading from home with stable internet, anyone whose strategies dont require continuous connection.

whats a news filter, how do you 'disable over nfp'

i like checking rsi on the 4h and daily while trading the 1h, but stacking three rsi panels eats half my screen and i lose the price chart. is there a tidy way to read higher-timeframe rsi without the clutter, or a sensible alternative approach entirely?

genuine question i never got. if the bonus is free money why is it bad. broker hands me 100% extra to trade with, worst case i lose their money not mine right? where exactly is the catch

trailing versus static drawdown is the single most important line in the fine print and the most misunderstood. then consistency rules, where one big winning day can disqualify you for not spreading profit evenly, which feels insane the first time it happens. and minimum trading days, which trap people who hit target fast then have to keep trading and give it back. read those three before you pay.

debating whether to run my actual strategy during an evaluation or a deliberately safer, smaller version tuned to respect the drawdown. part of me thinks i should trade exactly what ill trade when funded so the pass is meaningful. another part says do whatever it takes to get funded then trade normally. whats the right call?

possible but you have to set realistic expectations. trying to scalp while parenting toddlers is genuinely impossible. holding swing positions and checking 2-3 times per day is doable. matching your strategy timeframe to your attention availability is the key insight.

use a well-known economic calendar with a documented data feed rather than scraping a random site. and crucially, test that your filter actually blocks trades around a known past event in the strategy tester before trusting it live. a filter that silently doesnt fire is worse than no filter because you think youre protected.

its published weekly by the us regulator with a few days lag, covering futures including the major currency contracts, and theres no shortage of free sites that chart the net positioning over time so you dont have to read the raw tables. for forex you look at the currency futures as a proxy for sentiment in the related pair. weekly cadence with a lag is why its a swing and position-trading context tool only. find a site that plots speculative net position historically and you can spot the extremes at a glance instead of parsing tables.

yes, for a first attempt reducing variables is worth more than a better split. go with a long-established firm even at worse terms so that if something goes wrong, you can be confident it was your trading and not the firm, and youre not also gambling on the firms survival. optimise the deal later once you know your own results are solid. first attempt, minimise unknowns.

the practical use is relative, not absolute. a tick-volume spike at a level tells you participation jumped there, which is meaningful for spotting where interest sits. comparing your brokers tick volume to another brokers absolute number is meaningless though, theyll differ.

ignore the leverage ratio. focus only on two numbers: how much money can i lose on this trade if price hits my stop loss, and what percentage of my account is that. if that percentage is above 2%, your position is too big. resize the lot. this is all you need to manage risk. the broker's leverage setting is almost irrelevant to this calculation.

generally still one of the more respected names in the space. israel-based operation with a longer track record than most. had one support ticket take longer than i'd like but the eventual resolution was fair. wouldn't hesitate to recommend for a trader who understands the hyper growth scaling mechanic.

use different instruments and years, not just the current year. if you're practicing on 2026 eurusd you probably have some memory of events. go back to 2018 or 2021 on a pair you don't closely follow. the detachment from familiar recent events forces you to rely purely on the structure rather than memories of what happened.

how do you handle the case where two positions are naturally uncorrelated but might become correlated during a risk-off event? they're independent in normal conditions but cluster in stress.

doing the per-trade cost math is the move nobody does. people pick the model by vibes from forum threads instead of calculating their own spread-plus-commission for their real trade frequency. spend ten minutes with a spreadsheet and the answer is obvious for your specific case.

had an almost identical situation. 4 month gap, felt ridiculous restarting. what worked was explicitly writing about the gap itself as the first new entry - what happened, why i stopped, what i'm doing differently this time. it removed the fiction that the journal had to be a perfect continuous record. it's a tool for thinking, not an audit document.

the signal that a course is worth the money: it teaches a specific, concrete methodology with entry criteria, exit criteria, and risk management rules you can test. if it's mainly mindset, vague concepts, and testimonials, it's not worth it regardless of price. the specific methodology matters more than the price tag.