ftmo

August 30 2024

Inside JPMorgan’s Algorithmic Trading: How Algos Drive Your Trading

admin Money Blog Series Automated, Banking, Basic Expert Advisor, Best Investments For 2024, Best Robot, Best robot 2024, Best Trading Robot, Business, EA, Forex Robot, Forex Trading, ftmo, FX, Get Rich Quick, How To Make Money, How To Trade, Make Money, METATRADER 4, Prop Firm Trading, Supply and Demand, Trading 0

In today’s fast-paced financial markets, speed, precision, and data-driven decision-making are more critical than ever. At the forefront of this technological revolution is algorithmic trading, often referred to simply as “algos.” At institutions like JPMorgan Chase, algos play a pivotal role in managing large volumes of trades, executing complex strategies, and optimizing financial outcomes. But how do these sophisticated systems work? Let’s take a deep dive into the world of algorithmic trading at JPMorgan.

The Power of Data: The Foundation of Algos

Algorithmic trading begins with data—lots of it. JPMorgan’s algos ingest and analyze vast amounts of market data in real-time. This includes everything from price movements and order book data to trading volumes and broader financial indicators.

But it’s not just about what’s happening right now. Algos also rely on historical data to identify patterns, trends, and correlations that might inform future trading strategies. This combination of real-time and historical analysis allows JPMorgan’s algos to make informed decisions quickly, often faster than a human could even blink.

From Strategy to Execution: The Role of Quantitative Models

At the heart of JPMorgan’s algorithmic trading are predefined rules and strategies. These can range from relatively simple instructions to highly complex, multi-layered strategies.

Many of these strategies are built on quantitative models, developed by quants—specialized analysts who use mathematical and statistical methods to predict market behavior. Once a strategy is in place, the algorithm can execute it automatically, placing trades based on the predefined rules without the need for human intervention.

Speed and Precision: How Algos Execute Trades

Once an algorithm identifies a trading opportunity, it can place an order on the market almost instantaneously. This is where the real power of algos comes into play—executing trades in milliseconds, which is critical in a market where prices can change in the blink of an eye.

JPMorgan’s algos can also optimize the type of order placed (whether a market order, limit order, or stop order) and the size and timing of each trade. This careful orchestration minimizes market impact and reduces transaction costs, ensuring that the trades are executed at the best possible price.

Staying Ahead of Risks: Real-Time Monitoring and Human Oversight

Despite the speed and efficiency of algos, human oversight remains a crucial component of the process. At JPMorgan, algos are constantly monitored in real-time to ensure they perform as expected and remain within the bank’s risk parameters.

If market conditions change suddenly or if the algo encounters an unexpected scenario, human traders and risk managers can step in to adjust or halt the algorithm’s operation. This hybrid approach—leveraging the speed of automation while maintaining human control—helps to manage risks effectively.

Diverse Strategies for Diverse Markets

JPMorgan deploys a variety of algorithmic trading strategies, each tailored to different market conditions and goals. Some of the key strategies include:

• Market Making: Algos provide liquidity by placing both buy and sell orders, profiting from the bid-ask spread.

• Statistical Arbitrage: These strategies exploit price inefficiencies between correlated securities.

• High-Frequency Trading (HFT): Algos execute trades at extremely high speeds to capitalize on small price movements.

• Execution Algorithms: Designed to break up large orders into smaller pieces to minimize market impact and achieve the best possible execution price.

The Role of AI and Machine Learning

JPMorgan’s algos are not just static sets of rules—they are increasingly incorporating AI and machine learning to enhance their predictive capabilities. These advanced systems can learn from new data, adapt their strategies over time, and even analyze non-traditional data sources, like news or social media, using natural language processing (NLP).

This AI-driven approach allows JPMorgan to stay ahead of market trends and adjust to changing conditions more dynamically than ever before.

Ensuring Compliance: The Importance of Regulatory Adherence

In the highly regulated financial industry, ensuring compliance with laws and regulations is non-negotiable. JPMorgan’s algos are designed to adhere to all relevant rules, including those governing market conduct and best execution practices.

Every action taken by an algorithm is meticulously recorded, creating an audit trail that can be reviewed to ensure compliance and assess performance. This transparency is crucial in maintaining trust and integrity in the financial markets.

Continuous Improvement: Post-Trade Analysis and Optimization

The work doesn’t stop once a trade is executed. JPMorgan conducts thorough post-trade analysis to evaluate the performance of their algorithms. This analysis looks at profitability, execution quality, and whether the trades adhered to the intended strategy.

Based on these insights, the algos can be refined and optimized, ensuring they are always evolving and improving to meet the demands of the market.

Conclusion: The Future of Trading at JPMorgan

Algorithmic trading is a cornerstone of modern finance, and at JPMorgan, it’s clear that these systems are as dynamic as the markets they operate in. By combining data-driven strategies with cutting-edge technology and human oversight, JPMorgan’s algos are able to navigate the complexities of global markets with unparalleled speed and precision.

As AI and machine learning continue to evolve, we can expect these systems to become even more sophisticated, opening up new possibilities for what algorithmic trading can achieve. But no matter how advanced the technology becomes, the integration of human expertise will remain a key factor in ensuring these powerful tools are used responsibly and effectively.

In the world of finance, where milliseconds can make millions, JPMorgan’s algos are not just following the market—they’re helping to shape it.

January 2 2024

AF Supply and Demand Review

admin Money Blog Series AF Supply and Demand Review 2024, Apex, Automated, Best Robot, Best robot 2024, Best Trading Robot, Crypto, Cryptocurrency, EA, Expert Advisor, Forex, Forex Robot, Forex Trading, ftmo, Funded next, Funded Pips, FX, How To Trade, Make Money, Metatrader, MT4, pass prop firm challenge, Profitable Robot, Prop Firm Trading, Stock trading robot, Supply and Demand, TFT, The Funded Trader, Trading 0

Have you ever wondered how normal people make thousands of dollars trading online using robots and systems?

In this AF Supply and Demand Review I will break down EXACTLY how the robot works and how you can use it to:

Pass Prop Firm Challenges
Trade Funded Accounts
Trade Live Personal Accounts very EASILY!

In the past few years, trading has been made a lot easier with sophisticated trading systems that has a Programmer/Scientist/Mathematician behind the trading code.

They create unique trading logic that produces an algorithm to recognize trading patterns and trends within the markets and have them trade them Extremely well!

A clear example of this is James Simons with a Net Worth $30,700,000,000.00 and has been producing 66 Percent per a year from 1980/90’s using Robots, Systems and Algorithms.

Is this the case with all robots? No!

Why? For a Very Simple reason that people who program robots to trade for you are usually full of sh*t and have no idea how the markets work or fail to adapt their robot to current market changes and they end up failing.

AF Supply and Demand Reviews + 1300 Customer Feedback:

I originally met Ewan (Developer) on ebay.co.uk and got chatting through there. After reading his 1300 100% Positive Feedback I knew that many of his customers couldn’t be wrong so I took the plunge and bought AF Supply and Demand 2.0 and never looked back!

What Makes AF Supply and Demand 2.0 Different and How do they work? I wont get into everything in this AF Supply and Demand review but Trading robots in general work using complex trading strategies hard coded into MQL5 programming language or another language if trading on a different platform. A computer with a graph on it Description automatically generated

AF Supply and Demand 2.0 uses a Hybrid Solution which combines Technical and Fundamental analysis before taking on any trade in the markets.

There is nothing in the world like this robot which trades from a complete different technology and backed not only by Computer Data Scientists but… a trader with over 11 years of Equities and Forex trading experience.

“AF Supply And Demand 2.0 Robot ” is set to revolutionize the trading industry by storm with its simple and low-risk high reward supply and demand trading strategies and Trading Packs which have been specifically built for traders who like trading different assets and use different risk tolerance models.

Have you read enough of this AF Supply and Demand Review and want to see it in action?

CLICK HERE TO CHECK IT OUT!

A person with a computer and money Description automatically generated

Whats the Trading Strategy Behind AF Supply And Demand 2.0 Robot?

The AF Supply and Demand Robot 2.0 trading logic is primarily based on the supply and demand principle which tracks and trades institutional footprints left on a chart and the AF Supply and Demand picks this up and trades from those low-risk, high reward zones.

How does Supply and Demand really work?

Some will liken it to Support and Resistance lines but a trained trader knows that supply and demand are specific areas on a chart where Unfilled Trade Orders need to get filled when price visits that area again creating a low risk high reward trade.

Here’s AF Supply and Demand on a H4 timeframe! Low Drawdown and high reward!

In this AF Supply and Demand review I won’t get into how Supply and Demand works as there’s a lot to cover and I don’t feel it’ll be beneficial to you right now. But if you want more info check out what Investopedia says about supply and demand here!

What type of accounts can I use this robot on?

Using AF Supply and Demand means that even if you are a novice trader you can pass the Prop Firm Challenges, run it on Funded Accounts, trade Live Personal Accounts and have it optimized so that the trade settings run specific to the trading account balance automatically whilst you work on other things.

Why AF Supply and Demand doesn’t use other risky strategies?

It’s plain and simple! Risk! Unlike other trading robots that use complex risky trading strategies like Martingale or Grid that will eventually blow your account this robot adopts a traditional approach making every trade risk-free as long as it’s Trailing SL gets ahead of the trade place. In addition, if the trade doesn’t end up working out it usually has a small 30/45/60 pip SL so Every trade has a stop loss and take profit 30-120-500pips and sometimes even more! Which means small risk and big gains.

Have you read enough of this AF Supply and Demand Review and want to see it in action?

CLICK HERE TO CHECK IT OUT!

A person with a computer and money Description automatically generated

The Secret to AF Supply and Demand Trading Success?

TRADING PACKS: These are CSV files uploaded to the robot every week which factors in Technical and Fundamental analysis for the current trading week and the robot will NOT work without them.

This smart robot identifies all of its key levels on the charts which are pre checked and charted by the developer every week/day and sent to his Memberzone for his clients who have purchased the robot directly from connectmycurrency.com

These are then successfully uploaded to the robot it then proceeds with a trade from those zones. It also keeps a check on uptrends and downtrends will trade accordingly to the current trend!

*GBPCHF PROFITS FROM AF SUPPLY AND DEMAND TRADING*

Profit Potential Outlook:

With a drawdown of 0.25% – 0.5% per a trade, you can make a profit of 20-50% or even 100% per month. This means you can potentially double your account balance within a few weeks.

Installing the robot?

You can easily install this robot by following the instructions provided by the developer I’ll also link it here for you and you don’t need any coding skills or tech knowledge! Just copy and paste. And in case of any confusion, you can ask the developer to guide you through the process on Telegram @ewancmc

Developer Tech Support: Is nothing short of AMAZING! Ewan will not just sell you a robot and leave you to get on with it! He provides clients that purchased directly through Connect My Currency with unrivalled, unlimited trading and tech support. Making sure they are supported throughout their trading journey. I recommend checking out his Youtube Channel.

The AF Supply and Demand 2.0 Robot is a fully automated trading robot that works well for novice and veteran traders. It uses your MT4 charts to search for high-probability institutional trading zones which allow traders to pass the Prop Firm Challenges and run a Fully Funded or Normal Accounts whilst sticking well within the trading parameters and rules.

Have you read enough of this AF Supply and Demand Review and want to see it in action?

CLICK HERE TO CHECK IT OUT!

A person with a computer and money Description automatically generated

Which Assets? With the AF Supply and Demand Robot you also get The Swing Trading Pack which trades the following assets: AUDUSD EURUSD GBPUSD USDCAD GBPJPY GBPAUD GBPCHF EURAUD NZDUSD GBPNZD EURCHF.

A black box with white text and orange and white text Description automatically generated

Ive also found these to be the best assets when it comes to Swing Trading and the developer (Ewan) will change them depending on how the market is performing so its important to make sure you got the robot directly from https://connectmycurrency.com/afdigioffer/ .

Does AF Supply and Demand Robot work without a current Trading Pack attached?

The simple answer is No! Why? Because all the assets traded are analyzed every week and sent to the AF Supply and Demand Memberzone every week so traders have fresh updated zones!

How Can I get More Assets?

A person in a black jacket Description automatically generated

Trading Packs: You can have the Robot trade more assets by Getting more Trading Packs and have them traded for you on a fully automated basis. They are purchased separately from AF Supply and Demand 2.0 Robot. Unfortunately I don’t have enough time to write individual reviews for all the trading packs in this AF Supply and Demand review but check this page out where you can see the Stats and Differences https://connectmycurrency.com/tradingpacks/

What’s Included and Pricing?

There’s a few options to choose from which includes a Lifetime License! It made sense for me to get The Ultimate Bundle as Pricing can Change!

Standalone: AF Supply and Demand 2.0 robot (No trading pack included) which means the robot will not trade anything and you have to do all the charting yourself)

Price: Currently on sale at £297 (Jan 2024)

Pros: If you know how to trade you can draw the zones.

Cons: The robot will not trade at all as you need to add zones yourself unless you have a current trading pack.

Product Link Here: https://connectmycurrency.com/product/afsd2standalone/

Standard Bundle: AF Supply and Demand 2.0 robot + Swing Trading Pack.

Assets Traded: 8-11x FX pairs.

Price: Currently on sale at £497 (Jan 2024)

Pros: You get all 8-11 FX charts with all zones added and updated for life.

Cons: Trades take a little longer to play out because of using a bigger TF but well worth the wait when it trades.

Product Link Here: https://connectmycurrency.com/afdigioffer/

Basic Bundle: AF Supply and Demand 2.0 robot + Swing Pack, Day Trading Pack, Commodities Pack, Exotics Pack and Gold Pack.

Assets Traded: 8-11x FX pairs, 5x Stock CFD assets, 1-5x Commodity assets, 5x Exotic FX pairs and the Gold asset.

Price: £1197 (Jan 2024)

Pros: A fantastic all rounder which gives you plenty of assets to trade including quick returns on Gold XAUUSD and passive income on stocks.

Cons: The price originally then I realized that each pack costs £497 when bought individually! So, this is a very good deal!

Product Link Here: https://connectmycurrency.com/product/afsdbasic

Essential Bundle: AF Supply and Demand 2.0 robot + Swing Pack, Day Trading Pack, Commodities Pack, Exotics Pack, Gold Pack, Silver Pack, Crypto Pack and The Mystery Pack.

Assets Traded: 8-11x FX pairs, 5x Stock CFD assets, 1-5x Commodity assets, 5x Exotic FX pairs, Gold and Silver assets, 5x Crypto assets and 1-2x Mystery Pack assets.

Price: £1497 (Jan 2024)

Pros: The robot is incredibly accurate when trading its normal assets but it does exceedingly well trading Crypto assets too such as BTC, ETC and XRP etc.

Cons: You have to spend a little more time monitoring assets such as Cryptos over the weekend but other than that great value for money.

Product Link Here: https://connectmycurrency.com/product/afsdessential/

A computer and a computer Description automatically generated with medium confidence

The Ultimate Bundle: AF Supply and Demand 2.0 robot + Swing Pack, Day Trading Pack, Commodities Pack, Exotics Pack, Gold Pack, Silver Pack, Crypto Pack, The Mystery Pack and AF Blitz Scalper System.

Assets Traded: 8-11x FX pairs, 5x Stock CFD assets, 1-5x Commodity assets, 5x Exotic FX pairs, Gold and Silver assets, 5x Crypto assets, 1-2x Mystery assets and The AF Blitz Scalper System

Price: £1797 (Jan 2024)

Pros: This has to be the best bundle of them all by far! AF Blitz is a complete game changer and has seen me pass and grow prop firm accounts trading 2 minutes a day scalping.

Cons: It was a little nerve racking trading AF Blitz on a small 1 minute timeframe at first but Ewan makes this process so easy to learn and do it feels like I’m cheating! Its An amazing active income system coupled with AF Supply and Demand 2.0 your accounts will grow exponentially.

Check out his trading here: https://youtu.be/dht3N3PdUM4?si=MN_wB8feJxCNFjbo

Product Link Here: https://connectmycurrency.com/product/af-supply-and-demand-2-0-robot-ultimate-trading-pack-bundle/

Exploring More S.M.A.R.T Features:

In this section of AF Supply and Demand Robot Review, I will give you an insight into some more S.M.A.R.T features of this brilliant software.

Risk Management Models and Presets: AF Supply And Demand 2.0 Robot works on the principle “Risk Small Gain Huge”. These Risk Management models that are included with AF Supply and Demand 2.0 and is the Secret Sauce to the robot’s success. It uses a range Stop Losses Features per a trade which include.

A screenshot of a computer

Trading Sessions: Which simply means you can tell the robot if you want to trade during UK/US/TOKYO/SYDNEY trading sessions: Crucial if you don’t want volatility/spikes in your trading.

Trade Management: You get PRESETS with the average move the market makes for Take Profit and Stop Loss which has been Back tested over 14 years. But you can set the robot to what you want to use if you want to extend these parameters. Less or more depending on your risk tolerance and trading style.

A screenshot of a computer Description automatically generated

Trailing Stop Loss: This is a very important feature to use if you want to Trail and Lock in your Profits when the market heads towards your Take Profit Zone or Breakeven for you if the market reverses.

Multiple Trading Zones: Unlike Martingale robots that will blow your account by taking multiple trades doubling up every time. AF Supply and Demand 2.0 uses a SMART Feature which allows you to specify how many trades you want per a Supply and Demand Zone with predefined Pips which again you can change to your liking.

Breakeven Feature: Don’t want to take a loss? You can use this feature to make the robot move the Stop Loss to the breakeven area so if the market happens to reverse you have a safety feature which takes you out the trades for a breakeven or a little profit.

Percent or Lot: Here is another SMART Feature that allows you to specify if you want the robot to use a specific Percentage per a trade i.e. 0.25% will be risked and this will be spread across how many trades you specified the robot to trade in the previous setting.

Where if you want to use a set amount of lots per a trade then the robot will use the lots you have set for trades 1/2/3/4.

Have you read enough of this AF Supply and Demand Review and want to see it in action?

CLICK HERE TO CHECK IT OUT!

A person with a computer and money Description automatically generated

More Great Benefits of The AF Supply And Demand Robot

Automated 24/5 Trading

AF Supply and Demand Robot is fully automated and will trade 24/7. It allows you to pass prop firm challenges like FTMO, The Funded Trader, Funded Next very easily.

No coding or technical skills are needed to set up and maintenance of this trading robot. You can easily install it by following the developers instructions and simply link it to your live / prop firm account.

It Identifies Institutional Supply & Demand Zones

This EA can identify fresh and untested supply and demand zones on the chart and then trade without high-risk strategies. It simply follows the trend direction and institutional footprints.

Unlike other trading robots that work on risky strategies like martingale or grid, this robot buys at demand zones and sells at supply zones to generate 50%+ profit per month.

Crypto, Currencies & More Assets

AF Supply And Demand Robot works with a wide range of assets including Forex, Crypto, Gold, Silver and Oil, Stocks, and CFD.

Multiple Timeframes

This EA works for all MT4 timeframes allowing potential trade setups always in your favor. However, recommended timeframes are H4, D1, and Monthly (depending on the trading pack installed).

Stop Loss & Take Profit

Every trade has a Trailing Stop Loss, Normal Stop Loss and a Multi Take Profit feature. This automated trading robot can help manage risk whilst making potentially large gains.

Support Network and Lifetime Updates

If you are new to trading you can easily install and start using this robot. Even a novice trader can benefit from this automated trading robot as it works without human intervention. You can also get the latest trading packs every week/day with new zones, with both technical and fundamental analysis charted into the packs within Ewans Telegram community of AF Supply and Demand Robot.

Money-Back Guarantee

Still got any doubts, getting the AF Supply and Demand Robot allows you to make a risk-free investment. As you can get a refund within 60 days if you are not satisfied with the results*. Check out their full policy here.

Don’t forget his 1300 Positive Feedback on Ebay which is reassuring to see, considering how many times ive been burnt in the past with other rubbish systems that are nothing like AF Supply and Demand.

Have you read enough of this AF Supply and Demand Review and want to see it in action?

CLICK HERE TO CHECK IT OUT!

A person with a computer and money Description automatically generated

AF Supply and Demand Frequently Asked Questions

How much account balance is needed to get started?

Your account must have a balance of at least $250 so that you can start trading. Also, this robot is designed to trade with challenge normal or funded accounts.

Whats the Drawdown and Profit?

Using custom PRESETS (from the developer) the maximum Drawdown I’ve ever witnessed is 0.5% per a trade across all assets Ive loaded it on from The Ultimate Trading Bundle which gives you enough ammo to take multiple trades and profit as I also have different Take Profits for different assets which give me an average of 2-5% per a trade.

Does it work on all Prop Firms Challenges and Funded Accounts?

Yes! Ive signed up with several prop firm companies which allows robot trading and I haven’t had a single issue yet!

Which currency pairs or assets can be used for trade?

You can trade with multiple currency pairs and assets offered by MT4 brokers. But depends on the bundle you get.

Can I use AF Supply And Demand Robot on mobile?

Yes, if you get the free RD Client app for Apple and Android then you can simply use it from your mobile phone. Adjust and watch trades real time.

What devices are compatible with this trading robot?

AF Supply And Demand Robot is compatible with Windows, Mac, and Linux.

Do you need prior experience or specific skills to use this trading robot?

No, you don’t need any special set of skills to use this robot. It’s a fully automated trading robot so all you simply have to do is install it, link it to your account, and count the money.

The Bottom Line

If you want to make your trading simple, effective and trade your prop firm account handsfree! Then choosing a Supply and Demand system such as AF Blitz Scalper System and AF Supply and Demand 2.0 robot will always be the best option.

It will help with risk control and produce a much better understanding of money management across your prop accounts whilst giving you deep knowledge of how the markets really work. So you can trade for long-term success.

December 10 2023

Secret Trading Brain Hacks used by Billionaire Traders

admin Money Blog Series Account management, Basic Expert Advisor, Best Robot, Best Trading Robot, Crypto, Cryptocurrency, Elite Robots, Forex Robot, ftmo, How To Trade, Make Money, MT4, Profitable Robot, Supply and Demand, Surgetrader, Topstep 0

Secret Trading Brain Hacks used by Billionaire Traders

Want to know what separates Novice traders from these Billionaires?

MINDSET!

Below I’ll be showing you a 3 Step Brain Hack that have ultimately brought millions to these traders overnight!

James Simons

Net Worth: $30,700,000,000.00

Algorithmic Hedge Fund Manager

Beginning: Code Breaker and MIT Mathematics Professor

Article: https://www.forbes.com/profile/jim-simons/

Backstory: https://m.youtube.com/watch?v=cm7kkHtZiJA

Ray Dahlio

Net Worth: $15,400,000,000.00

Hedge Fund Manager

Beginning: Launched Bridgewater Associates Hedge Fund From His Two Bedroom Apartment

Article: https://www.forbes.com/profile/ray-dalio/

Kenneth C Griffin

Net Worth: $36,000,000,000.00

Hedge Fund Manager

Beginning: 1987 Started Trading Out of His Dorm Room.

Article: https://www.forbes.com/profile/ken-griffin/?sh=7a2fb0545079

If you get to work on these 3 Hacks and bridge the gap! You’ll automatically put yourself in the Top 5% of Billionaire Traders!

Here’s some hard truths that took me a long time to accept! But I promise you that if you follow these keys like a Bible you’ll never look at the markets the same again! AMEN!

“How you trade is just a reflection of who you really are!”

Ewan Forrester

Accepting Risk and Betting on Yourself:

There’s no avoiding it! There’s risk with anything worth obtaining in life. Especially those things that are challenging to reach!

So why not bet on yourself?

These traders knew the biggest risk they would ever take and that was to bet on themselves!

This action would later spill over into their trading and eventually managing BIG Money for their 7/8 figure investors!

If you’re not risk taker, get comfortable by taking lots of risk in your day to day life! It can be simple tasks to the bigger ones!

Ultimately doing things that makes you scared.

Benefit: This will dramatically increase your tolerance for risk in the markets and you’ll have a refined “fuck it” attitude towards achieving your BIG trading goals and not shrivel up in the face of fear.

Confidence comes from taking risks and facing challenges.

Try new things and step outside of your comfort zone to build your confidence.

Mental Toughness and Discipline:

If you’re not disciplined don’t bother trading!

Start becoming a man and woman of your word and honouring what you say by doing it! Here is a Great Book I highly recommend if you want to start working on that side of your life.

Benefit: If you Start with small things and work your way up to the bigger things. This will help you with Risk Management and getting comfortable with taking a loss every once in a while, because that’s what your RM told you to do.

Self-Entitlement:

Having self-awareness that the market doesn’t owe you a thing is gonna be a game changer! I’ve seen so many self-entitled traders bragging one day and gone another. Don’t become a statistic become a legend!

Benefit: Practice being grateful and humble for the smaller things in your life. This can be a plate of food to simply having a roof over your head and clothes on your back.

As life has a funny way of rewarding you with Bigger Trophies when you appreciate the smaller medals first!

A few other characteristics billionaire traders hone. Being courageous, staying loyal, and a hard worker in every walk of life.

As simple as they sound most people can’t do it long enough to see results.

Trading is bigger than money and ultimately an extension of YOU and your thoughts.

Thoughts become things and things become results! So, it only makes sense to work on the brain so you can achieve your goals.

So, drawing this to a close. You might ask yourself why are you showing us Hedge Fund Managers who manage money?

That’s it! They are managing MONEY! Very Big portfolios filled up with other peoples money (OPM) and this requires strict set of rules.

This is no different than YOU taking prop firms money (Investor’s) and managing it!

So it only makes sense to think EXACTLY like a hedge fund manager by adapting their mindset and eventually their trading skills so you can get the same results.

“If a man has walked the same journey you’re about to embark on, always ask him for directions when he is on his way back”.

Unknown

If you’re just getting started with Prop Firm Trading and want the EXACT Blueprint to running a Successful 6/7 figure portfolio. Check This Out

I hope you enjoyed this article let me know what you think below in the comment section.

Yellow Abstract Texture Mobile Game Promotion Youtube Thumbnail

November 29 2023

5 Quick and Easy Steps To Pass a Prop Firm Challenge in 2024!

admin Money Blog Series Account management, Automated, Basic Expert Advisor, Basic Robots, Best Robot, Best Trading Robot, Crypto, Cryptocurrency, EA, Elite Robots, Expert Advisor, Forex, Forex Robot, Forex Trading, ftmo, FX, How To Trade, Indicators, Make Money, META, Metatrader, METATRADER 4, mff, MSP Software, MT4, pass challenge, Profitable Robot, Robots, Stock trading robot, Supply and Demand, Surgetrader, Topstep, Trading 0

Do you want the Winning Formula on How to Start, Pass and Run a Successful $400,000 – $800,000 Prop Trading business from your laptop/pc?

Below I’ll be showing you everything you need from the Software, Prop Firm and Trade Copier to use to get your Successful 6 Figure Prop Firm Business up and running

Here’s my EXACT Prop firm Business Model Blueprint which you can copy for FREE where you can model my cheap or expensive route to riches depending on your budget and goals!

Always wanted to trade and get paid at the same time using ultra low risk and HUGE Upside profit potential?

Well with the rise of new Prop Firms coming out with bigger and better challenges, times have never been so exciting to get a new 6 figure business up and running in less then 24 hours!

Thanks to the relaxed rules, easy simulated trading environments Prop Firm Challenges are fast becoming the most easiest way to trade with BIG profit potential.

Everyday people like you and I are applying and taking on their challenges almost on a weekly and monthly basis to secure a 2nd and 3rd stream of income!

Step #1: Best Prop Firm and Trade Copier

If you’re just starting out in trading or attempting your first prop challenge then get a 10K or 5K Challenge from TFT.

Why?

This massively helps with the psychological element of watching numbers on your screen and the Risk Management process which only enables you to risk a total of 5-8% (depending on which firm you choose).

Pro Tip: When trading, risk no more than 0.2% per a trade this give you extra bullets to play with so you can take more trades and also try to aim for 5x more than you risked i.e 0.2% to make 1% back per a trade.

But… if you’re thinking of diving in straight for a 100K or 200K Challenge then at least use a trade copier which in-essence copies trades from a Real account of $500-$1000 to your prop firm account(s).

Why?

Again, from a mental standpoint. If you’re not used to watching thousands of dollars of pounds, go up and down into positive and negative until the trade has finished then get yourself a Trade Copier and connect your accounts together! It’ll listen the effect on your brain.

To structure my business accounts I use Traders Connect who are the best in the business no latency or no silly account disconnections and best of all you Pay per an account vs other copiers which only let you buy block accounts of 2, 5 and 10 etc and would constantly disconnect my trading accounts or reset and disconnect servers over the weekend.

Which is also dangerous because you could be trading with big lots, the trades executes and doesn’t close out as you need to log in again to the server to sort the issue out and close a trade manually or if you’re trading with two or four accounts at once and two of them randomly disconnect from the copier you effectively made a breakeven trade due to a malfunction from the server side which is no fault of your own.

I wont go into details of who the company is but Id never use their Cloud Trade Copying Service again.

This is how your accounts will look when setup correctly with Traders Connect!

For Live account and broker recommendation check this page out so you can compare to see what the best fit is for you: Recommended Broker List

Costs Required:

Real Live Trading Account Deposit = $1000

Free = Open a Demo Account Here

Prop Firm Accounts Cost = $100 – $2000 (Depending on the account size you’re going for)

Use Discount Code: TFTTrader9858529 at The Funded Trader Checkout

Trade Copier = $20 – $30 per month

Free = FX Blue Local Trade Copier (Both MT4 Platforms must be running on the same PC)

Step #2: Software and Trading Strategies I Use

If you’re working full time or part time trading I’m not going to fluff it, but will be tricky to balance trading unless you are using systems there’s no way around it!

Whatever you do, don’t give your account/challenge to a Money Manager or a glorified Account Manager who will ultimately fail your Challenge and blow all accounts. But use SOFTWARE! I’ve heard so many horror stories where clients have been left penniless as a result.

Trading has taken me well over 11 years to master, I have coded my wealth of trading knowledge into Automated Software and easy to use trading strategies that take no more than 10 Minutes a day to trade.

Check out my Robust Fully Automated System or Join a Strategy Based Trading Community that helps you through all the steps from starting out to having you managing your trading portfolios with time tested strategies and strict risk management systems. Both Options work extremely well if you’re new or a veteran trader.

Fast Feed Data that I use is PRT (Pro Real Time) and Level 2/3 Data which puts my trading light years ahead of any other MT4 Scalper you can check those guys out here

News and Fundamental data are essential for any trader because ultimately fundamental data driven moves can either make you or lose you a lot of money if you’re not well informed.

The free services I use are MyFxBook and FX Street Calendar which are both equally good but I prefer the FX Street Calendar out of the two and I have them uploaded as apps on my mobile phone.

Now if you want the best of the best then you need to get Newsquawk a Premium Data service for any professional giving you fundamental data before everyone else.

Costs Required:

AF Software = From Free to $1700

Free = Refer and Earn Scheme: Get Two Clients onboard and get your AFSD Software for free.

Pro Real Time Software = From Free to £100 per month

Free = Sign up at IG Broker open an account with £250 and you can get PRT for free if you trade the minimum trading volume required to keep it for free per a month!

MyFxBook Calendar or FX Street Calendar = Free

VPS For a Robot = $20 per month

Free = Amazon AWS Free Tier Can be quite difficult to set up if you’re new

Step #3: Hardware That I Use

This solely depends on the trading system that you are using! I found having a simple Windows based laptop 15/17 inch laptop works ok with an External Monitor of 27 inches which can be connected via the HDMI port.

But… if you’re like me and want to go all out! Then here’s my trading setup 2x Samsung 27 Inch Curved Monitors which sandwiches a 1x Samsung CHG90 49 Inch Curved Monitor which provides me with over 90 inches of screen and being a 1 minute scalp trader.

I need this as I watch multiple charts at the same time with this Strategy that allows me to trade only 10 Minutes a day!

Why?

The more information you have access to at the same time, the better your results are going to be! As you’ll soon realise that you’re not in the game of trading but in the game of Split decision making everything will magically shift into place.

Pro Tip: The quicker and better you get at making decision making in general this will dramatically enhance your trading results. A book I recommend checking out is Trading In The Zone that will dramatically increase your trading results after the first read.

My PC Build for the trading we do is relatively cheap at £900 which and not required as you can get by on any 8/16GB Ram Windows laptop or PC. But if you want to know more, it has a Graphics Card that has inputs for 4x HDMI Monitors, 4X USB B Ports for all my devices. A Wired Bloomberg Terminal Keyboard and Logitech MX Master 2S Mouse Wireless TP Link WIFI Dongle and a Elgato Stream Deck XL that works seamlessly with Pro Real Time Trade Executions and Risk Management.

Costs Required:

PC Build from Scan = £900

Free = Use Your Own or Borrow Your Sisters

My PC Monitors = £1100

Free = Refurb 20” TFT Monitors aren’t exactly free but get two of these bad boys from ebay hooked up to a 2x Monitor stand you have a 40 inch screen for less than $60.00.

Step #4: Banking and Tax

Now I’m not a Financial Tax Advisor or an Accountant but tax implications could play a huge part here as essentially you are Spread Betting when trading with a Prop Firm but….

You always trade on a demo server and the prop firm pays you directly from their company accounts which will then be classed as Self Employment.

Every country has their own rules, regulations and taxes when it comes to self-employment.

I highly recommend setting up a separate Wise Bank Account for your Profit Withdrawals so its not confused with your main income source.

But contact a Forex Tax Accountant immediately for your jurisdiction prior to starting any Prop Challenge.

Step #5: Join a Trading Community with a Time-Tested Trading Strategy

This step is crucial and going to dictate whether you make it of fail within trading. As the good saying goes “A Wolf is Stronger in a Pack then it is by itself”.

Anyone starting out or has a terrible experience trading in general. Trading is an art which shouldn’t be done on your lonesome trying figure it out. After all trading is about making money.

A common goal shared by all my traders who are also trading with a prop firm and real accounts.

I personally recommend a small community where its tight knit and you get all the trading support that you need from start to finish and employs a quick and easy Strategy but follows a strict risk management system.

If you haven’t already checked it look at my AF Blitz Trading System

Conclusion

Starting a Prop Firm Trading Business with semi/ automated trading systems offers the best low risk high reward business you could build in 2024.

I’ve shown you the Easiest way to get a $400,000 to $800,000 business setup in less than 24 hours using Prop Firm Trading, Software and Hardware.

In short, both my trading systems provide a huge shortcut to Trading Profitably.

They come with access to myself and my Powerful Trading Communities dedicated for the growth and support of all our traders, Lifetime Software: Supply and Demand Trading Software and The Best Trading Strategy that virtually makes me money within 10 Minutes a day using a Secret Institutional Hack and all my members get Future Updates Free for Life!

Still struggling to pass your Prop Firm Challenge? Or if you have a question about getting Started?

Leave a Comment below and Let me Know.

April 23 2023

The POWER of Robot PROFITS!

admin Money Blog Series Account management, Automated, Basic Expert Advisor, Basic Robots, Best prop firm, Best Robot, Best Trading Robot, Crypto, Cryptocurrency, EA, Elite Robots, Expert Advisor, Forex, Forex Robot, Forex Trading, ftmo, FX, How To Trade, Indicators, Make Money, META, Metatrader, METATRADER 4, mff, MSP Software, MT4, My Forex funds, pass challenge, Profitable Robot, Robots, Stock trading robot, Supply and Demand, Surgetrader, Topstep, Trading 0

Guys What a Week on The Markets!

I trust you all had a good weekend!

Last Weeks Trade Breakdown

3/3 Wins on AF Supply and Demand 2.0 Robot

NZDUSD 55PIPS £1000-£2000 Profit 8PIPS DD

GBPCHF 88PIPS £1000-£3000 Profit 10PIPS DD

AUDUSD 70PIPS £750 Profit Zero Drawdown

An avg of £2700 to £5750 was made in a week from a “Simple” Supply and Demand Robot over 3-4 Trades and just to put that into prospective that’s…

£10000 Challenge Passed!

£100K 3/4 way to a PASS in a week!

Week Ahead Fundamental Data Insight!

On Wednesday, UK Consumer Prices Index (CPI) rose 10.1% from a year ago, driven by the strongest increase in food prices in more than four decades (19.1%). The Bank of England (BoE) Governor Andrew Bailey had signaled a pause was possible if inflationary pressures subsided, but this latest reading suggests that prices in the UK have more momentum than in the US or eurozone. Money-market traders now price a peak BoE interest rate of more than 5% this cycle, the highest this year.

Robot News

AF SUPPLY AND DEMAND 2.0 V4 Robot With New Features that has brought the full potential of this robot ALIVE we’ve had some AMAZING Trades last week with the EA and V4 Extended PRESET that I recommend using!

AF SUPPLY AND DEMAND 2.0 ROBOT https://connectmycurrency.com/afsdoffer/

Some less aggressive zones have been added this week which is totally optional if you want/don’t want to trade just delete the zones or turn the EA off.

Or get the News Filter here which does it for you Automatically!

https://connectmycurrency.com/product/icefx-news-on-off-switch-ea-semi-automated-trading-system-strategy-unlimited-free/

V4: NEW FEATURES

TRADE MANAGEMENT UPDATED

You can now Use TRADE 1/2/3/4 independently they all come with Individual Stop Losses and Take Profits (Explained Below)

Which means you can use

Standard Supply and Demand with 1xBuy/Sell + 1xSL + 1xTP

Use Hedging Mode Setting all or Some TRADE1/2/3/4 to TRUE and have multiple trades from the same zone

6x NEW Swing Trading Presets

0.58Lots Accounts 500-1K

2.00Lots Accounts 20K-50K

10Lots Accounts 100K Upwards

3xNormal and 3xExtended

Using the presets Is optional and the amounts mentioned above are a general guideline but If you are choosing to use the preset please Adjust the risk parameters to the size of your account

EXTENDED PRESET BREAKDOWN:

Has settings

TRADE 1/2 TRUE With TAKE PROFIT at 120PIPS + SL 40PIPS

BREAKEVEN at 50% of the Trade

PROFIT LOCK PERCENT 13%

RISK PER TRADE 1%

MAXIMUM LOTS USED 0.58LOTS 2LOTS 10LOTS

Important Point: Once a zone been hit the trade has been completed and gone grey. I will delete the zone manually, export the chart , turn the EA Off and back On again this prevents any further trades (potentially) taken out again. If you have to do this because the EA is still taking more than two trades from the same zone after it’s gone grey then please message me

AF SUPPLY AND DEMAND 2.0 ROBOT https://connectmycurrency.com/afsdoffer/

AF SUPPLY AND DEMAND 2.0 Quick Installation Guide Here!

https://youtu.be/duGIg5bIEek

AF SUPPLY AND DEMAND 2.0 UPDATE EXPLAINED!

https://youtu.be/O2NUCIvjcaY

AF SUPPLY AND DEMAND 2.0 TRADING PACKS EXPLAINED

https://youtu.be/WfOyFAq7PAk

AFSD 2.0 Trade By Trade Review: Before and After

https://youtu.be/3Ewwx1M6OjY

Zones have been adjusted for high probability trading this weeks fundamentals and technicals and it could be another potentially mild week.

Or get the News Filter Indicator here which does it for you Automatically!

https://connectmycurrency.com/product/icefx-news-on-off-switch-ea-semi-automated-trading-system-strategy-unlimited-free/

Important Fundamental Calendar Outlook

Monday

Nada

Tuesday

Nada

Wednesday

AUD CPI YOY

USD DURABLE GOODS

Thursday

USD GDP ANNUALISED

USD INITIAL JOBLESS CLAIMS Cons 245K

Friday

JPY CPI YOY

JPY UNEMPLOYMENT RATE

JPY BOJ INTEREST RATE

JPY BOJ PRESS CONFERENCE

EUR GDP YOY

️️Trading Tips ️️

1) The EA has had its zones carefully plotted this week by using the higher probability zones you don’t have to run the EA all the time simply TURN IT OFF/ON before during and after the News! ️ Leaving it on will only be disastrous

2) Drag your zones across the chart if needed as the week proceeds which extends the zones.

3) Increase your Lot Size Per Trade or your RISK PERCENT in the parameters if you want to gain a bigger percentage pair a month

4) Use the Extended Presets to Increase the TP if the trade is ripping or dipping hard and make use of the Profit Lock and Break Even Features to secure profit on the way to your TP.

5) Pay strict attention to all the Data I posted above as markets are more fundamentally based then technical at the moment.

6) For Bundle members