Y
Yoks
@yokoyi
Last seen:
1 hour ago
One timeframe, One pair, One setup
115 Followers
4 Following
I don't always wait for price to reverse to anywhere, I trade what I see
BUY 1.1186
SL 11832
TP 1.1196
Right now we are seeing some indecision in the market I suspect it is because there are conflicting expiries at 1.1225 and 1.1150
The market was bullish on the H1 timeframe in the morning so the likely trade was buy. For me I sold based on some other info
This trading history is from the prop firm Alpha Capital and they allow 1;20 leverage for indices like NAS100
LEVERAGE CONSIDERATIONS
You also need to take note of how much leverage the prop firm allows and if the prop firm charges commissions on NAS100. The higher the NAS100 leverage, the bigger the lot size you can open per trade..
Most day trading prop accounts have a higher leverage than the swing accounts because the swing accounts are designed for holding trades over the weekend and this carried more risk.
The more the risk, the lower the leverage the prop firm will allow
This means that for a $10k prop account I will also do 2 standard lots per trade while aiming for 10 pips profit
$50k Prop Account: NAS100 Lot Size = 10
For a $50k prop account, I always do 10 standard lots per trade. My TP target is always 10 pips max to ensure proper risk management.
Showing 20 of 100+ replies.
Log in to see all replies