NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 25 of 45
Search: Posts Made By: Mordecai
Forum: Trading Journals October 22nd, 2022, 02:11 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Quick note to traders reading this thread: ...

Quick note to traders reading this thread:

Part of the reason I’ve stuck my neck out here and posted a candid journal is to hear from other traders. If you have something to post, I’d be...
Forum: Trading Journals October 21st, 2022, 08:31 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Update on my progress: I have 2 funded...

Update on my progress:

I have 2 funded accounts with Leeloo. I've been trading one for a week, and another for 2 weeks.

https://nexusfi.com/attachment.php?attachmentid=327603

This is...
Forum: Trading Journals October 19th, 2022, 10:44 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Honestly I'm puzzled at the reaction to my...

Honestly I'm puzzled at the reaction to my 'revenge account' idea. Let me copy from one of my earlier posts to explain what I'm trying to do with it:

"The revenge account is a trick I play on...
Forum: Trading Journals October 19th, 2022, 09:11 AM
Replies: 66
Views: 11,647
Posted By Mordecai
I don't see any reason to trade outside a prop...

I don't see any reason to trade outside a prop firm account. If I do well I get paid. If I do poorly, I lose only the fees I've paid ($30 eval + $88/mo), which are pretty modest compared to what I...
Forum: Trading Journals October 18th, 2022, 08:29 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Very true!

Very true!
Forum: Trading Journals October 17th, 2022, 07:54 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Yeah, that would be great - start a journal! ...

Yeah, that would be great - start a journal!

These prop firms are real, but there are moral hazards on all sides. Most firms don't pass their funded traders' trades to the market until they've...
Forum: Trading Journals October 17th, 2022, 11:32 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Good questions! I have a few defined setups that...

Good questions! I have a few defined setups that I take (2nd entries, failed 2nd entries, traps), and the win rate on those is 80%+. I know they work because of a lot of backtesting (replaying...
Forum: Trading Journals October 17th, 2022, 09:15 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks for your post! I'm always happy to hear...

Thanks for your post! I'm always happy to hear from experienced traders.

My position sizing depends on the drawdown available. Right now I have a static -$625 drawdown. I trade 1 ES contract...
Forum: Trading Journals October 16th, 2022, 07:44 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Tough week. After busting the Apex PA, I went on...

Tough week. After busting the Apex PA, I went on to also bust the Tradeday PA. It took several days to hit the loss limit, because I set up a $300 daily loss limit that would lock me out of the...
Forum: Trading Journals October 10th, 2022, 07:57 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Wow, I thought I was past the sort of meltdown...

Wow, I thought I was past the sort of meltdown that I had last night.

I was trading my Apex account during the London session and had a routine -$100 loss. No big deal, it happens 25% of the...
Forum: Trading Journals October 8th, 2022, 09:21 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks for your kind comments! The account I was...

Thanks for your kind comments! The account I was referring to was the Leeloo $50k evaluation account. Leeloo (and Apex) often have 80-85% discounts. There are a few places you can find the discount...
Forum: Trading Journals September 27th, 2022, 06:01 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Passed another one - this time with Tradeday. ...

Passed another one - this time with Tradeday.

Tradeday
https://nexusfi.com/attachment.php?attachmentid=327221
Forum: Trading Journals September 26th, 2022, 05:10 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks. I appreciate your comments and agree it's...

Thanks. I appreciate your comments and agree it's not helpful to reinforce bad habits. I started using the term 'revenge account' a bit tongue in cheek, but I hope my previous post to Sandpaddict...
Forum: Trading Journals September 25th, 2022, 05:55 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Yes, discretionary Hey just noticed you're from...

Yes, discretionary
Hey just noticed you're from Tallahassee. I went to school there a lifetime ago!
Forum: Trading Journals September 25th, 2022, 01:17 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks mate. I'll look into "The Trading Game". I...

Thanks mate. I'll look into "The Trading Game". I do read a lot and am always on the lookout for useful material.

I've been at this about 6 years myself. Trading psychology didn't pop up onto my...
Forum: Trading Journals September 23rd, 2022, 01:11 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Apologies, I was being a bit flippant there. I...

Apologies, I was being a bit flippant there. I did read the books and made a good faith effort to extract something useful, but psychology stuff doesn't resonate for me unless it comes with practical...
Forum: Trading Journals September 20th, 2022, 09:26 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks! I'm learning that revenge trading...

Thanks!

I'm learning that revenge trading has deep-seated psychological roots, according to the literature (Trading in the Zone, Mental Game of Trading).

Rather than undertake the hard work...
Forum: Trading Journals September 8th, 2022, 07:11 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Figured I'd write a follow-up after I busted the...

Figured I'd write a follow-up after I busted the Leeloo eval.

In the months after, I retooled my trading and tried another eval. And another. And then many, many more. It took a while, but...
Forum: Trading Journals April 13th, 2022, 09:30 PM
Replies: 66
Views: 11,647
Posted By Mordecai
I thought a long and hard about adding a point...

I thought a long and hard about adding a point that the position was too large. I'd agree opening a position with 12 lots with a $5k drawdown is a bad idea.

In this case the idea behind the...
Forum: Trading Journals April 13th, 2022, 07:37 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Well I guess I'd better wrap up this thread with...

Well I guess I'd better wrap up this thread with a post-mortem.

At yesterday's London open, I was coming off several days of good results, and I was feeling confident. When I saw a potential...
Forum: Trading Journals April 13th, 2022, 07:36 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Well I guess I'd better wrap up this thread with...

Well I guess I'd better wrap up this thread with a post-mortem.

At yesterday's London open, I was coming off several days of good results, and I was feeling confident. When I saw a potential...
Forum: Trading Journals April 13th, 2022, 06:51 PM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks - I don't think it's an issue on my side,...

Thanks - I don't think it's an issue on my side, I'm running a Ryzen 5700g and 32gb RAM with 2 monitors (4k and 2k, NT on the 2k monitor). NT never gets above 8% CPU usage. Plus the other platforms...
Forum: Trading Journals April 13th, 2022, 07:20 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Well crap. I just failed the 150k evaluation. ...

Well crap. I just failed the 150k evaluation.

Just when I thought I was getting into a groove (aka hubris), I decided to take a swing trade, as the ones I'd been practicing in sim had done well. ...
Forum: Trading Journals April 13th, 2022, 06:17 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Happy to hear from you! Good trading, Mordecai

Happy to hear from you! Good trading,
Mordecai
Forum: Trading Journals April 13th, 2022, 02:20 AM
Replies: 66
Views: 11,647
Posted By Mordecai
Thanks! I think NT is merely ok. When I want to...

Thanks! I think NT is merely ok. When I want to clear my main monitor for other stuff, I have to move and position 4 windows, which is annoying. My other platforms have just one window to drag. ...
Showing results 1 to 25 of 45

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top