City Traders Imperium Prop Firm Challenge

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I will be testing the services of CTI prop firm using a $100k one-step challenge account

Y
@yokoyi - 2 months ago

CTI Free Trial Expiry - 7 Days

This is quite a short period to achieve $5,000 profit target but I will try to meet up.

Y
@yokoyi - 2 months ago

GOLD TRADE: $615 profit

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@yokoyi - 2 months ago
Quoted - yokoyi

GOLD TRADE: $615 profit

Account balance is up from $100,000 to $100,613.80

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@nsg_usd - 2 months ago

First time hearing about this prop firm.

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@yokoyi - 1 month ago
Quoted - nsg_usd

First time hearing about this prop firm.

Something weird going on with this prop firm, when I open trades, the prop firm closes them by itself. It has happened 3 times. I will investigate to find out why

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@nsg_usd - 1 month ago
Quoted - yokoyi

Something weird going on with this prop firm, when I open trades, the prop firm closes them by itself. It has happened 3 times. I will investigate to find out why

That usually happens with props that have SL rule. You must not open a trade for 60secs (or so) without an SL or they'll close out.
Check out if they have something like that.

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@yokoyi - 1 month ago

STATS FOR TODAY

I am done for the day, here are my stats

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@nsg_usd - 1 month ago
Quoted - yokoyi

Yes, I think they have such a rule, its a good one though

Alright. Yeah, it's a good one, still to enforce disciplinary measures for account protection.

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@yokoyi - 1 month ago

Strategy Performance

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@yokoyi - 1 month ago
Quoted - yokoyi

Strategy Performance

I am done for the day. I traded EUR/USD during London session, then traded GOLD, OIL, & NASDAQ during NY. When my trades were in profit, I added to them, thus increasing my final profit.

Y
@yokoyi - 1 month ago
Quoted - yokoyi

Equity is up $1k

Strategy Performance as at end-of-day

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@yokoyi - 1 month ago

OBSERVATION

CTI instruments are mostly priced in cent lots so one has to be careful when choosing a lot size so as not to over leverage

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@yokoyi - 1 month ago

Today was a losing day for me, all my trades failed I lost about $1k. Will try tomorrow

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@yokoyi - 1 month ago

Down -$708 today

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@yokoyi - 1 month ago
Quoted - yokoyi

Down -$708 today

I checked today, only to find out this free trial has ended without me meeting the target. My impression about CTI prop firm is that their risk management features are good plus they have cent lots on almost every instrument. They would be a good prop firm for traders who are conscious about risk management

S
@segun_33 - 1 month ago
Quoted - yokoyi

I checked today, only to find out this free trial has ended without me meeting the target. My impression about CTI prop firm is that their risk management features are good plus they have cent lots on almost every instrument. They would be a good prop firm for traders who are conscious about risk management

Yes, cent lots make for good risk mgt. Prop firm challenges can be tricky because while many of us are used to trading $100 live accounts, managing a $100k account can be a handful especially when it comes to choosing the right lot size so one does not over leverage

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