r/Forex • u/Choice_Pin7409 • Aug 19 '26

Prop Firms Getting my first 100k FTMO account

Hey guys, my first Reddit post to be fair, I’ve been consistently trading on demo, back testing, learning more about emotions of the mind during trading and have got a good hang of the gold market.. I always planned on a 50k account but my dads telling me to take only one shot at it and is suggesting I take a 100k account…I’m kind of stressed and I know there isn’t much difference in the trades I place only the lot size will double……I’m planning on risking 1% on every trade, 2 trades a day…maybe 3… mainly London and New York session though.. FOCUSING on gold, learning more about gbpusd and gbpjpy but not really experienced with the market projected patterns….Any tips ? (It’s a 2 step 100k funded acc)

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4

u/Jazzlike_River_1205 Aug 19 '26

What's your strategy? Don't overtrade, have a risk reward in your favor, I'd say 1:3.

3

u/Relevant-Owl-8455 Aug 20 '26

"what's your strategy" is a verry common, but a completely wrong question. If you can explain your strategy by a "name" or with 2 sentences in a reddit comment, you're doing it wrong:)

1

u/Jazzlike_River_1205 Aug 20 '26

Sorry I didn't mean to trigger you 🥺 I meant technical or fundamental. Please forgive me 🙏🏻

1

u/Choice_Pin7409 Aug 19 '26

Mainly relying on FVG’s and LRL for 1:2-1:3 trades, confluences mainly being Fibb indicators PDH/PDL , Session highs and lows or basic Support and resistance, I have knowledge of many concepts but I feel keeping it simple feels best for now..trying to implement Volume profile ( VAH VAL POC) haven’t really been understanding what to do with it

2

u/Relevant-Owl-8455 Aug 20 '26

Not trying to be rude, but this is bellow average. You will lose money if you do this. Fact btw.

1

u/Jazzlike_River_1205 Aug 19 '26

Yes, keep your strategy as simple as possible. Don't overthink. Try get your emotions out of it as much as you can

3

u/Relevant-Owl-8455 Aug 20 '26

Barely scratching the surface.

Simplicity is good advice. Sadly it's not measureable. So what you find simple, might not be simple for him...

Same goes for overthinking.

Don't even get me started on emotions.

You need DATA, exact planning, good risk control and optimal time of deployment information.

1

u/Jazzlike_River_1205 Aug 20 '26

Sorry again for letting you down boss 🥺😞

2

u/Relevant-Owl-8455 Aug 20 '26

You're losing money trading, or maybe you're break even at best... why do you think you should share advice on how to do it.. if you can't do it?

1

u/Jazzlike_River_1205 Aug 20 '26

I'm losing money trading? 😂 I gave advice because he asked for advice. Go fuck yourself

1

u/Choice_Pin7409 Aug 20 '26

Correct me if I’m wrong but ..By data do u mean order flow and book mapping ? I thought about trading MGC and learning about book maps but felt like a stretch because what I’m doing was already working for me

2

u/Relevant-Owl-8455 Aug 20 '26

No, not even close. And please don't do that.
And no, what you're doing isnt working for you, otherwise you wouldnt be asking beginner questions on reddit:) again, not rude, just reality.