trendies FTMO Adventure: The Sixth Attempt: I See Dead Cats Bounce

[trendie]

Yea, I know, I am really crowbaring in the puns.
FTMO, £35K account.
This time a Swing Account; 30:1. No restrictions on news / session opens / overnights.

 

[trendie]

I didn't get into the swing until late afternoon.
Thats fine, I seem to be slow starting Mondays,
1 trade. -30 pips.
There is a point where a signal loses its relevance, so it has an expiry-date.
Could have closed out for NULL.
Had a StopLoss, and watched it get hit.
No pressure, nor stress.
I am expecting the drawdowns from now on, not to be greater than any losses, as every trade will have either a fixed SL, or about 15-20 pip SL, based on 2 lots.
No need for a graph, it's just one trade.

 

[Inquisitor]

If at first you don't succeed try, try, try again.

The Sixth Attempt

If at fifth you don't succeed ................... Quit.

 

[trendie]

Back at it again!
Short (why, oh why, oh why?)
US30: Fire and forget. Risk 50 pips for 80 pips. 1 lot.
Loss= 1%ish.

 

[trendie]

Tried to take a 2lot position on US30.
Wasn't allowed.
This does not bode well for this Swing account.
I can't hedge even if I wanted to.

 

[trendie]

Yesterday: 1lot BUY (yes, a buy!), with a small gain, about 11pips.
Today: 1lot short: made around 30-ish pips in just over 1min!
I now have 6 days to complete the challenge.
So, I must trade every day next week, and then following Monday so I can put in the minimum trading days, as well as make round £4K.

 

[Farm Yard Forex]

Crucially well inside the risk parameters which is good to see.

 

[trendie]

Crucially well inside the risk parameters which is good to see.

I try to. Not easy, as I tend to marry trades, and double down on them.

 

[trendie]

Yep, the Swing Account won't let me open more than 2lots.
I had a 1lot on US30, then tried to open a second 1lot, but got the "not enough money" message.
Managed to open a 0.5lot.
I had been banking on going mad with lotsize in last 2 days.
I have sent FTMO a message to just clarify this.
Pretty sure I could open 4 - 5 lots on the normal account.

 

[trendie]

1.8 lots!
I had a 1lot, then added a 0.5lot.

I then kept adding 0.1lot until it said I ran out of money.

1.8lots until I hit the limit.

 

[trendie]

Actually, max is 1.81lots on US30.

 

[trendie]

Well, well, well!

Plot twist: My account was dead all the time.
(currently -4.5K)

No more trading.
(for this year at least)