Forum Forexroasted

is carry trading even a thing anymore lol i thought that died years ago

everyone says journal your trades but honestly it feels like homework and i never keep it up. does it actually make a difference or is it one of those things people say but nobody really does

oversimplified. yes too many indicators is bad. but having ZERO useful additions to default mt5 means you're missing high-value tools like the news overlay or persistent annotations. selective additions are different from indicator clutter.

exactly, kyc itself is a sign theyre operating like a real financial firm. the caution is about the channel and the recipient. use their official upload area inside your account, never send sensitive documents to a support email or a chat app, and confirm the broker is genuinely regulated before handing over anything. a scam collecting ids is the nightmare, a regulated broker doing kyc is just tuesday.

+1 on FF News. the in-chart economic calendar overlay is one of the biggest quality of life improvements ive made to my mt5 setup. used to miss news because i wasnt checking. now its always visible.

whats p95 mean lol sorry im new to this

the hindsight point is the whole case for screenshots. without one, you review a losing trade and your brain insists the setup was obviously bad, when at entry it looked fine. the entry screenshot keeps you honest about what you actually saw. i wouldnt journal without them for discretionary trades.

started percentage based, switched to fixed lot for prop firm accounts where account size doesnt really 'grow' since you withdraw. for own capital accounts percentage compounds nicely. for prop accounts fixed lot makes more sense. use case matters.

alignment across the complex is the real tell, and it stops you taking a lovely-looking long on a risk-sensitive currency right into a risk-off wave that will overwhelm the chart. risk sentiment is a higher-order context that can override an individual pairs setup. on strongly aligned risk days, the macro mood drives the correlated currencies more than their own technicals, so reading the mood keeps you from fighting it.

i keep getting chopped up trading right at the london or new york open, the first push fakes me out then reverses. tempted to just wait thirty to sixty minutes for the session to settle before doing anything. do experienced traders trade the open itself, or deliberately wait for the initial chaos to resolve? curious how people handle the open.

bought 3 challenges now, failed all 3 on the daily drawdown rule even though i was up overall. starting to feel like the challenge IS the product and they dont actually want you to pass. am i just bad or is this designed

+1. specifically the 'what would invalidate this' clause is the key. its much harder to dismiss evidence when you pre-committed to what evidence would change your mind. without that anchor, every contradiction becomes 'just noise'.

the protect-yourself-structurally point is the durable takeaway whatever happens with this specific payout. read rules upfront, log everything, withdraw small and often, favour firms with long clean payout histories. you cant litigate your way to safety with a prop, you engineer your exposure down so no single denial is catastrophic. fight this one if the rule is bogus, but build the structure so the next one cant hurt.

i tested forcing all trades to 1:3 vs adaptive exits for 6 months. forcing 1:3 gave me 38% win rate at 2.8R avg. adaptive exits gave me 51% win rate at 1.5R avg. adaptive was meaningfully more profitable AND less psychologically draining.

learn the basics of both. TA tells you the how of getting in and out. fundamentals tell you the why of taking the trade direction. neither alone is enough. but dont spend 6 months memorizing 50 candlestick patterns - thats overkill. the big concepts (trend, levels, structure) matter.

instant funded matched my situation - im comfortable trading at $100k size, low time tolerance for eval. paid the premium, traded normally, took payouts. for someone unsure about their strategy at funded scale, the eval path is the safer choice (and cheaper if you pass first try).

for years ftmo was the default name people pointed newcomers to. with so many firms launching since, is it still the benchmark for reliability, or are people only naming it out of habit while newer firms offer better splits and conditions? looking for current views from people trading these accounts now, not reputation from years ago.

the platform feel thing is real. also: your current broker may be more forgiving on margin calls because you've been a client for years. new brokers sometimes are more mechanical about liquidation until you establish history. had a position stopped out at a new broker during a brief spike that my old broker would have ridden through based on account history.

partially fair but the geo restrictions are often regulatory artifacts not consumer protection. a us trader using offshore vpn is doing it because us regs ban offshore access. nothing about that protects the trader, it just makes their domestic options more expensive. its complicated.

this is the key insight people resist for years. the only thing that genuinely 'leads' is market structure, ie reading where price made higher highs and higher lows directly, before any smoothing. an indicator cant beat the raw structure its calculated from.