Prediction Based Trading

[stockpredictor]

I've heard good things about FTMO. The model is almost just what I'm looking for. I'll do some digging this weekend on it.

Another green day but only half a percent. 82.62 JD should work out as a long but if it steeply breaks I'll try getting out at B/E.

 

[stockpredictor]

Missed that EoD SNAP drop. Could have gotten another free 1%... dang it. Also messed up trading on mobile and made less than it should have.

Anyway, that's the week's performance.
Can be verified here: https://collective2.com/details/134463089

Looks like a subscriber used the auto-trader to make a little bit. Excited for next week.

 

[userque]

@stockpredictor , you didn't notice you now have a subscriber, and AUM?

 

[stockpredictor]

@stockpredictor , you didn't notice you now have a subscriber, and AUM?

I did notice the sub but hadn't understood what AUM meant until I looked it up. I understand now. I need to be more responsible trading though.

 

[userque]

I did notice the sub but hadn't understood what AUM meant until I looked it up. I understand now. I need to be more responsible trading though.

Also, you should consider setting this to 'wait for autotraders.' Savvy subscribers may know if you did or not; and not doing so is considered "scammy."

You can find the setting under the 'manage > edit my strategy' menu. Same place where you set your price.

 

[stockpredictor]

Also, you should consider setting this to 'wait for autotraders.' Savvy subscribers may know if you did or not; and not doing so is considered "scammy."

View attachment 254410

You can find the setting under the 'manage > edit my strategy' menu. Same place where you set your price.

Done.

I've done some more reading on FTMO and it looks just like what I'd do great with, like its made for me. No weekend holds allowed, no news events allowed. Max daily drawdown ~5%. The 'test' is reaching profit target which is on the high side but not difficult if one is legit. Previous track record not allowed, so the test must be passed within the time limit of like a month. Then another step that's basically the same thing. Should be easy. They can fund up to 200K to start out with, then scale up over time if consistently profitable.

 

[ph1l]

Done.

I've done some more reading on FTMO and it looks just like what I'd do great with, like its made for me

I was under the impression you trade individual stocks. It appears FTMO lets its customers trade a small list of equity CFDs with FTMO acting as market maker.
https://ftmo.com/en/symbols/

And CFDs are not tradable if you live in the U.S.
https://comparebrokers.co/compare/cfd-banned-in-us/

If you are living in the USA, and you pay taxes to the US government, then you will not be able to trade CFDs as a client by a brokerage.

Though you might be able to trade equity CFDs for them as a U.S. resident if FTMO is not considered to be a broker.

 

[stockpredictor]

I was under the impression you trade individual stocks. It appears FTMO lets its customers trade a small list of equity CFDs with FTMO acting as market maker.
https://ftmo.com/en/symbols/
View attachment 254419

And CFDs are not tradable if you live in the U.S.
https://comparebrokers.co/compare/cfd-banned-in-us/

Though you might be able to trade equity CFDs for them as a U.S. resident if FTMO is not considered to be a broker.
View attachment 254421

Oh, I thought they allowed stock trading. I'll check it out, but if not, there go my hopes at get rich quick
Edit: you're right. time to commit sudoku

 

[stockpredictor]

Another percent up today. Could have been three percent, but I missed a trade early, not been feeling well. The gains came from shorts too. Closed things out too early but only specific situations allow longer holds. Actually, the vast majority of all the trades I made on C2 are shorts. It was just a co-incidence though, I just missed some longs

 

[stockpredictor]

Oh someone else subbed for AUM at 120k now. cool