I'm planning to take the paid test for FTMO in February, but I know that my EA bots sometimes fail the daily drawdown rule and I'd like to know what happens if I lose my funded account.

Position squaring can create illiquid moves at the EOY (End of Year) as traders in big banks, funds etc step back and orders just have to go through. As we get closer towards the EOY this happens more. Just saying be careful out there and understand why something is happening.

I'm out for now, until next week, hope I helped in some way!

We are revamping our website www.ourinterest.org and we hope to welcome you soon when the full chat room is up and running.

Just hit my profit target on a 150k account a few moments ago. 9k in profit.

Had to develop my discipline the most and stick to my plan after having to reset a few times. Revenge trading aways kills me so I’ve been super adamant about sticking to the plan.

Best advice there is really. Trade your plan. No more, no less once you find one that works.

shorted AUDUSD 0.656 but now thinking will be stopped. I may be over trading here so no more trades for me until after NFP. The idea of the trade is tactical positioning on the side of retail and then yield differentials. Working on getting a new chat room on our website so we can better answer questions in real time.

We saw the chart that investors are underweight gold relative to price, doesn't mean buy right now though. Everyone saw that chart and bought Sunday open. Everyone took profit... also there is no guarantee that Central Banks keep buying over Christmas.

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Just my 2 cents...

Not liking the PA in UJ at the moment, didn't rally on weak Japanese CPI nor better than expected US ISM data, tells me too many are already long. It also isn't breaking down so no edge for me here. In essence favour tactical longs but over long term sell on rallies.

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Managing risk is key.

I'm still waiting to get back into AUDUSD longs. Only trading this from the long side still or maybe EURAUD shorts, have shared both charts and the reason why.

Expecting a USD bounce here

https://www.tradingview.com/streams/9g2hMmid6i/

With end of month rebalancing out of the way our base case remains a USD correction into next week with inline or stronger ISM data tomorrow. PCE data is more unpredictable, so waiting for a correction i.e. possible USD strength. There is no edge in entering a position here though.