midas @_midasfx

trader discord.gg/73MuVEjX London, England Joined December 2023

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midas @_midasfx

3 days ago

First day back trading after 4 months off✅ First 100k phase 1 passed ✅

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midas @_midasfx

4 months ago

Opening trades at 5pm NY isn’t for the weak

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midas @_midasfx

7 months ago

🇪🇺/🇺🇸 Before and after. 4.5R🔒

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midas @_midasfx

8 months ago

Doesn’t matter how long I am away, this is a skill for life.

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My approach to props has changed massively given how problematic the industry has become. It’s a simple checklist: - reputable firm - low RR - high WR - 3% max profit per payout cycle Considering making the switch to futures but for now, the most reputable firms seem safe.

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midas @_midasfx

a year ago

Double manipulation kind of day but we made it work in the end. 1R loss and 3.6R win😎

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midas @_midasfx

a year ago

Love it when that happens👍🏽 These things happen but losing is a skill. Managed to get out with a 0.3R loss. Capital preservation = 🔑

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midas @_midasfx

a year ago

Decent performance this week for the mechanical system. 4 wins, 2 losses = 10R

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midas @_midasfx

a year ago

EU decided to make me look good today😂. - SMC Trap in opposing direction - SP level (i made this up idk what other people call it or if it even exists with the same logic) - Entry model 2 - 3R fixed TP Same rules, same times, same pair, everyday.

midas @_midasfx

a year ago

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midas @_midasfx

a year ago

Live testing the mechanical version of my strategy✍🏽

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midas @_midasfx

a year ago

Unpopular opinion: If you sell any kind of signals, post markups/levels in a paid discord, charge to livestream… You should refund everyone for the month if you’re not profitable. Why should you make money when all you did was lose?😭😭😭

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midas @_midasfx

a year ago

5 things I noticed whilst backtesting EU and GU London Open since 2013: 1. Discretionary strategies are a ticking time bomb - the market changes, so your strategies have to. 2. Knowing the data of your strategy is the only way you can play defence in the markets. 3. Whether…

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midas @_midasfx

2 years ago

After overcoming “the losing stage” as a trader, I experienced a “breakeven stage”. In hindsight, this stage was more mentally challenging because the wins were new - so it felt particularly good - and the losses would make me scared of going back to “the losing stage”.

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midas @_midasfx

2 years ago

Rough one.

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midas @_midasfx

2 years ago

I genuinely think the education space in forex is so big because people want it to seem complicated to justify losing. Keep it simple. Highs and lows. If everyone got the foundations right, there’d be no gurus because all the info you need is out there for free.