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I have been down this train of thought, in Sweden we have a thing called 'dubbelbeskattningsavtal' with the US which literally translates into double taxation agreement which helps Swedish citizens avoid having to pay taxes twice. I have sent an inquiry to our version of the IRS asking some...

I sent the question to Helios and they replied within 20 minutes that I will not need it to receive any part of the profits and that I probably won't even be able to apply for one until I get I receive my tax return. My plan is to stash away 40% of my profits for the tax return in the meantime...

Thought I would add my 2 cents, I completed my gauntlet at the start of may and received and accepted an offer of $20000, 10% drawdown and a 70/30 profit split. This was before the improved version was released. I am now on the 2nd stage, the live simulator account which started at $20000 +...

I'm a guy, want a dick pic?

Before this gets out of hand and someone traces my IP and sends assassin's to my house let me just clarify that I am not the Nicky y'all seem to have a beef with. Care to share the story?

Aren't we all?

I have no idea what is going on and it is terrifying

We got negative interest rates here in Sweden too

I am sure there are people out there who found this day very profitable, I couldn't identify any setups for myself and it doesn't seem like Rickshaw could either, so my post was mostly directed towards people like us who might have been feeling itchy on the trigger finger and contemplating...

Better to be out on a day like this imho, it's friday and nothing is happening, feels nice to take an early weekend.

How can you tell?

Went short at 2895.5 myself and bought back later at 2884.5, real nice trend day.

Joining in the crowd saying all 3, if you trade intraday you have to be flexible and take the trades the market offers that day. Or be very picky if only trading 1 of the styles. Doesn't matter if you made a killing yesterday trading breakouts, you'll be killed if you buy the top multiple times...

Same, went short after that touch to the 20 EMA on the 5M, was a very good entry, but I exited far, far too early.

You seem to be doing well, keep doing what you're doing. Don't overthink, don't look for outside sources for confirmation. Live trade with a small stake and don't risk too much. Live trading won't be the same but don't panic. Try to keep going through the same motions and think about what you...

It's not, lots of successful traders trade intraday.

Yes indeed, but lets say for example you have a strategy in which you only find 2 trading opportunities per month, have a 90% win rate and a 5R win per trade on average, risking only 2% of your account would be an extreme waste. Sorry but what? How many % you risk is determined by how many lots...

Try doing one of the trading challenges then, like the gauntlet. To get into the good firms you need a valid track record. Preferably trading for another prop firm.

I am not disagreeing with anything you say, but you must realize that there are so many different systems and strategies with completely different statistics prompting them to use different position sizing and money management rules that simply saying 1-2% maximum is just way too generic and...

Position sizing should not be based on any generic rule, but rather the statistics of your system.