FX Physics retweeted
Kinfo gave me an idea for an out-of-sample check.
I skimmed 24 interviews they posted on YouTube, only 8 are still public, and meaningfully up lately. Most vanished or went flat, and these were presumably the best of the best.
Not because of the interview, of course, just shows how brutal survivorship bias is in trading leaderboards (and this game in general).
FX Physics retweeted
Attention new & aspiring futures traders
Some think that having a large account (e.g., $50k or $100k or more) is necessary to be successful - WRONG
If you cannot at least break even for a year or two with a small account ($5k or $10k) then you don't stand a chance with more
Some think that having many computer screens is the key to profits. WRONG AGAIN!!!!
If you cannot break even over two years with just one screen, then you will not succeed with a room full of screens
FX Physics retweeted
FTMO 100K challange so far:
(1) Profit without commission and fees: -790$
(2) Swaps: -1.2K$
(3) Commissions: -749.16$
- Total Profit (1 + 2 + 3): -2.8K
Total number of trades: 216
Just no fucking way my system can win this challenge 馃拃
Replying to @SaroTrades
Started FTMO for a while now. Ridiculous commissions and overnight swaps literally almost killed my system.
FX Physics retweeted
@SaroTrades If Gene, who seemed to be one of the most legit traders here, has no real data to back up his claims, then these streets just got a whole lot scarier.











