Prop trader ยท Content strategist
The Trading Pit ยท CFD 1-Step 10,000 Challenge
Tobi Raifu is documenting a CFD 1-Step 10,000 Challenge with The Trading Pit, as part of the JoinProp Real Prop Challenge.
5 updates ยท newest first
A tough start to the week ended the challenge. The XAGUSD trade finished at break-even and his open short on CADCHF hit the maximum loss limit. His read on it was that some weeks a swing trader is meant to keep following the trend rather than trying to catch the turn. He says he will try again and keep posting.
View post โ ยท Paid partnership. Trading carries risk. Not financial advice.
The XAGUSD silver trade closed at a loss. He suspects his stop was too tight and is still watching the reaction from buyers along with the volume. He also opened a GBPJPY buy the night before, which is currently floating at a loss. Those are the two pairs he is watching for the week.
View post โ ยท Paid partnership. Trading carries risk. Not financial advice.
Opened a buy position on XAGUSD, silver, on the 4 hour chart, his first trade of the challenge. He had been watching the pair since last week, following the strong buy reaction after the FOMC. He says it may be the only position he takes this week and he will keep updating as the trade unfolds.
View post โ ยท Paid partnership. Trading carries risk. Not financial advice.
Announced the start of his Real Prop Challenge with JoinProp and The Trading Pit. Over the coming weeks he will share the trade ideas, the executions, the wins, the losses and the lessons. The goal is to get funded, but he says he wants to show the process rather than only the final result.
View post โ ยท Paid partnership. Trading carries risk. Not financial advice.
Announced that he is teaming up with JoinProp and Eleonex for the Real Prop Challenge. Over the coming weeks he plans to share what actually happens behind the scenes: the trade idea, the planning, the execution, the winnings, the losses, the decisions and the lessons along the way. The goal is to get funded, but either way he wants to show the real process rather than just the final result.
View post โ ยท Paid partnership. Trading carries risk. Not financial advice.
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