Best ftmo challenge reddit. So do your best to avoid such things. Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. e. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my entries back then i says WTF why did i took that trade whats the reason for the entry, I was just want to make money fast, Greed blinded my insight now, I believe revenge/over FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. So last month i ended up 8% in profit but the duration wasn't enough for me in the FTMO challenge, didn't violate any rules, so they gave another free challenge. Just because your strategy doesn't work as well doesn't mean other people's don't. You initially pay for a challenge account. The actual challenge is a 10% target minimum. I want dip my toe into an 200k challenge but don’t know any legit prop firms. It will take you 6 times to lose a challenge to lost the $1000 account had you funded your account with your own money. FTMO Challenge . Paid for the FTMO challenge and was went the ctrader account credentials. AutoModerator Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo I did the challenge myself. You get a much bigger drawdown amount relative to the fees paid for the challenge. The math is quite easy. Conclusion of How to pass the FTMO Challenge. Max daily loss and account loss are the 2 biggies. Find something that works atleast 50% win rate and do not ever break rules. FTMO challenge prices . A lot of traders have been able to make a good living by trading full-time thanks to FTMO. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ftmo challenge Questions Is anyone having a lag on mt4 while trading on ftmo servers? I have noticed few times where server just wont respond to log in or anything, when trades To be honest I have received several payments from FTMO since I registered on FTMO, I was able to make 62 000€ (not including the fees paid to the professional to take my tests). FTMO's 70/30. So, for example a common challenge is to do 8% in a month. Looking through the trades since I triggered the challenge to start. I actually traded gold on FTMO demo account for a while. It is more of a trap set by them, in the name of challenge or dare or whatever they want to call it. This whole adventure has been a wild ride, and cracking the FTMO challenge with a bot I developed is something I'm really proud of. There is a reason why phase 2 have longer time to pass and less profit target to achieve, because the company knows lots of people get lucky on the 4. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Posted by u/broskio777 - 1 vote and 1 comment 34 votes, 48 comments. TFT has the 400k challenge from 1 buy, MFF is the cheapest, Ment Funding has its own rules with up to 2 million in direct challenge funding and only 1 phase to pass the challenge, max drawdown 5%, If we go to the minimal FTMO challenge that is marketed as a "$10K" account the daily loss limit is $500 and total loss limit is $1,000 and the fee they charge is €155 for a $10K account challenge. There is an absolute "No Troll" policy - this is a place where traders can learn and help each other. now, or even borrow some more, since, you know, 10% is so easy to get everyday. Didn't work. You're so smart, talented, and have the best strategy and risk Thanks for the feedback, I plan to get a VPS and buy a small FTMO challenge to run the EA and see what happens for the next 3-4 months. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of Sorry OP but that's a dumb question. I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. Thank you. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. You can take individual challenges for up to 200k USD each, and a maximum total allocation of 400k USD. "At FTMO - daily draw downs are equal to losses. The Funded Trader, My Forex Funds, & Ment Funding. Cant wait for the downvotes on this 3 – Since I am using FXView to test the 8 EAs, and once I bring the best-performing EAs to the live FTMO challenge, with a difference in spreads & commission between FXView and FTMO, will the forward testing results be valid enough for me to use it on a live FTMO challenge? That’s all for now. 75% when I've made 16 trades and all profitable. Think of it this way, take only the very best and most probable setups you can find within your parameters and the results will follow, take trades best off of monetary gain and greed alone and the unnecessary losses will surely follow. For example FTMO which is a very known prop firm with great reputation. This will help you gain confidence and prepare you for the challenge ahead. Let's face it, a lot of traders fail and lose money and I admit it myself, if I hadn't used a trader to pass my tests, I probably would have lost money from the u/KushKway You got some good things going there, I like the win rate and profit factor so that is a starting point in a very small sample size. Virgin Islands) are not allowed to use So today I failed my FTMO challenge. I was in gain and their metrics were telling that I failed the max daily while at the same time I was in gains of over 1k. Gewerbe, Steuern, FTMO Challenge Moin zusammen bin seit 3 Monaten dabei und würde gerne wissen ob mir jemand sagen kann, wie das ganze mit Gewerbe, Steuern aussieht. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I have 2 questions: As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Welcome to FXGears. Passing the challenge is easy with a bit of luck but 99% of those who pass the challenge can’t manage to keep the account for more than a month since they would break the rules because they simply don’t know how to trade. I'm going to start this challenge on Monday and I will post my profit/loss each day for all to see. co/gths3T3 EA uses a well-calculated hedging strategy to either pass the prop challenge or recover the cost of the challenge (challenge fees), so you don't have to pay for another challenge if the first one fails. Same thing happened with my first ftmo challenge, I was £700 in profit. Made a ctrader account with my personal email thinking maybe I can access the FTMO account after I get in, but still no dice. I appreciate it. You can trade your FTMO Challenge, Verification, and FTMO Account on some of the most popular retail platforms – MetaTrader 4, MetaTrader 5, DXtrade, or cTrader. I have a 93% win rate with total ~20 trades (only have 1 lose trade). Note that this is not the first time it happens The trial challenge is different from the actual challenge. The FTMO really doesn't like it when you risk a lot. And if you get lucky and you pass, you won't hold the account for long. Just a curiousity of mine. Today i finished my first phase of my 100k Challenge. In conclusion, passing the FTMO Challenge requires a combination of skill, discipline, Almost close to reaching target on 50k FTMO Challenge. That's how they make their money, and it's one of the best business models out there. The company brokers stocks, options, futures, I see you are 3 days into the challenge and you had a day where you were down nearly 8% on your challenge. Mind you the max that I have lost is 1% per trade. I have also started new challenges at other prop firms to expand my capital and diversify so not all FTMO gives you a demo account with real life "features" such as spread between BID and ASK. comments sorted by Best Top New Controversial Q&A Add a Comment. The FTMO Challenge educates traders and leads them to master their trading habits. They have a long history in the industry, proven consistent payouts, and upstanding customer service. The process Our FTMO Challenge is the first step of our Evaluation Process. Seems to work so I'll see how it performs going forward. FTMO challenge. 6 pip spreads. Tools & Services Passing the FTMO challenge is a rite of passage for aspiring funded Forex traders. 32% and 4. Best of luck with your challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! 0. S. The company brokers stocks, options, futures, Last month, I passed the FTMO demo account and I said to myself that I am ready to do the challenge. Awaiting real account. If i do not violate any of the trading objectives and end up in the positive consodering my account gain, I am eligible for a free re-try according to FTMO's FAQ. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. I've narrowed down and will share some things that stood out and helped me succeed. It operates the largest electronic trading platform in the U. For example, if you start with $100k, you must NEVER reach $90k or Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. After getting funded I ignored the trading plan and my psychology was in shambles. Forex market inherently is tough to survive and add prop firm rules on top of it, the prop firms have all the edge. FTMO makes the majority of their revenue from bad traders who are stupid enough to fall into the above loop which is a large amount of them. The rules are closely aligned with the paid version of the FTMO Challenge, although the minimum trading days and required Profit Target are halved for the trial period. But if you start with 50k and get to 60k on a trade which then goes down to 52k you would not violate the terms as you’re not below the initial amount. Let's go! the only living thing who sees my trades is my cat. EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. I also did the same with an account on my wife’s acct and had 100k x6! Hey guys, been a mff then ftmo U. On day 2 I rode the manufacturing PMI with 80 lots, and then doubled down my position on EURUSD. Just yesterday I lost my ftmo challenge account also. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly Overall, passing the FTMO. Then you are disqualified. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. As a scalper, I couldn’t imagine holding over the weekend, or even overnight. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge. I Usually stick to one trade a day but I have about five years in the market, and days like this have a particular flow to them I wanted to get 357K subscribers in the Forex community. I am very risk averse so 2% per trade is high for me. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. If you’re trading with Ftmo it’s pointless to check instrument prices on TradingView as they don’t have FTMO listed as a broker. I used an expert advisor as a crutch. FTMO is legit, and I assume they have a lot of very successful traders. Our goal is to help Redditors get answers to questions 34 votes, 61 comments. You have to be profitable to be able to make money on their Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge account and pass the account do they also include the extra % But I realized in the end that if I do passed the challenge, then it's a free to use capital for me as I got my challenge fee back. The next section of the FTMO review explains the details of the FTMO Challenge, the Verification process and the specific trading objectives. I’m considering starting the FTMO challenge next week for the $10,000 account and was wondering if it’s a good idea. While there’s no expert advisor that can single-handedly pass an FTMO challenge without fail, there are some pretty decent ones out So once you withdraw your profit for those 30 days it restart like a challenge. I want to start the 10k FTMO challange but i am scared of the Max Daily Loss what would be the best lot size that i can use to 22 votes, 24 comments. I learned to trade with a family member and when I started 4 months ago I was reading the graphs really well and it was a fun learning experience. ) you really don't want to put all that work in only to get caught violating their ToS and rejected. Uhum. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. I signed my contract 3 days ago and I still haven’t received my funded account until today. 334K subscribers in the Forex community. Hi, just wanted to share this with everyone here :) comments sorted by Best Top New Controversial Q&A Add a Comment. Seven people I know passed their ftmo last week and their trading days are under 10 so they have to place minimal trades just to hit thay objective now. 1%-3% max but I think 0. But you have to give them 30% of your profits each month. 7 and 2. To pass the FTMO challenge, take smaller risks and plan on using up a good chunk of the 30 days to reach the target. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. It's hard as I started ftmo challenge and my Forex funds challenge and in 1 week I passed ftmo. Questions Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. I performed some calculations and my prediction is that in 3 years I will reach the 400k account, but if I feel Bad months happen. 50 loss or slight win. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. com challenge. It's been quite awhile since I've done an MFF challenge so my point of view may be outdated especially if they've improved the spread or not. After a while it seemed better to simplify everything and just look at plain simple price action, I. Hey guys, I am currently doing an FTMO Challenge. To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. This is based on my trading knowledge. $100k is equivalent to trading with $3500 worth of REAL capital because $5000 is the max limit for loss, and you gotta take 70% of your cut which boils down to $3500. Become our next FTMO Trader and work with an initial balance of up to $200,000: https://ftmo. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. Hello! I already passed ftmo demo trial for 14 days for 3 times already. Please dont get me wrong as I have a very limited knowledge about profits etc. 46 :D Soooo happy FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. com's Reddit Forex Trading Community! Here you can converse about Going through my FTMO challenge right now. I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. We are currently recommending and standing by FTMO. 73 votes, 16 comments. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. As long as you know the game you are playing getting funded is always the best option. A $100k or $200k (demo) account is already sizable, I don’t see a need to pad the account beyond maybe 10%, just as a buffer against the max loss (not max daily which is always there regardless of account size). com challenge requires a combination of preparation, risk management, discipline, and continuous learning. I love practicing with these challenges. I felt cheated and disappointed. I am taking the 100k high stakes at the moment and up 0. and cats aren’t allowed to take an FTMO challenge You've clearly never seen AirBud. Have FTMO increased their challenge prices? I’ve just gone to purchase one and I’m pretty sure they’re more expensive than a few days ago? comments sorted by Best Top New Controversial Q&A Add a Comment. In my personal opinion FTMO is best for day traders since for scalpers they may be affected by the trade copying and swing traders can't hold over the weekend. Anyways can some one explain what's happening also I've got no open trades right now and everything is realized. Also muss man überhaupt ein Gewerbe anmelden? Just passed my first FTMO challenge by hyper scalping. Date of experience: September 06, Completed FTMO challenge in 3 days with $80k account. Don't panic towards the end of the challenge to meet the profit target by risking more. Please explain it like I’m five. Remember you don't always have to be trading, PAYtience is the most important in this business. Currently I'm doing the FTMO challenge and I got to the profit target. So from my assumption it’s basically like the verification and FTMO challenge without a target. Before you take the FTMO Challenge, practice your trading skills on a demo account. 😀 The answer is revenge trading. comments sorted by Best 22 votes, 29 comments. I have a swing account because big news days are my best days, and I focus on smaller profits so 1:30 is sufficient. Balancing FTMO challenge and job, August trading I want to take the FTMO challenge for a swing account in August. And also the best spreads - ftmos used to be double those on 5ers during news and gap times. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. com's Reddit Forex Trading Community! Here you can converse I'm going to take part in the FTMO challenge soon but I'm not sure if FTMO lets you keep your profits during the challenge and verification stage. The following week I did really bad in my Forex funds challenge as I didn't adhere to the rules. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. I have been trading a 40,000€ Remember, in the market, perfection is elusive. I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. It was my first challenge and I couldn’t believe it was actually happening. But I'm happy with the ease of passing this challenge. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. I am starting the FTMO challenge today. Can you share your experience? Withdrawal process with diff payout Just hit 9% profit within a week after hitting 10% within only 2 weeks. If you were trying to catch up on a trial and going risky, wait until you have has a red month and the last few days you need to make money, the temptation will be to "catch up" like you did. . I’ve been trading for about 2 years and have yet to make a consistent profit. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. I could see I was trading in a emotional state and felt very isolated. I was only targeting a 1:1 RR and leaned on a higher win rate for profitability. co/gypqGK2 https://ibb. The rules for the Challenge Passing help you handle risk management better. DO NOT try it at home. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. Either way won't be taking any more ftmo challenges till I max out my accounts with the 5ers who have the best scaling plan on the market. Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. I’ve been trading since I got out of high school 2021. Thanks for the help I got when I was trying to find a good prop firm. As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not Coins 0 coins Posted by u/[Deleted Account] - 2 votes and 18 comments That was a low moment for me. Hey guys, I'm taking my ftmo challenge, and im having trouble hitting the 10% target. Je mag de challenge zo vaak doen als je wilt, zolang je maar in de positieve cijfers blijft. You just need to wait in the right time (I trade on NY section) and wait for the volume to kick in. My question is: Can I just open two positions on two separate days and close them right away for a break even, or will it be considered as "cheating"? Thanks in advance for your help! Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. For example, if you risk 0. And little know fact you can take the test and pass up to 3 times hence having 300k or whatever ammt you take the challenge for x3. e impulse, You can trade your FTMO Challenge, Verification, and FTMO Account on some of the most popular retail platforms – MetaTrader 4, MetaTrader 5, DXtrade, or cTrader. The challenge is particularly difficult for swing traders. 00 lot trade and that started the losing streak. Honestly if FTMO had best interest in it's traders it'd extend the first stage by 100% so 60 days (21 trading days). You shouldn't care if Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments I have just started the demo challenge as well, and I am using TradingView to do the analysis. AutoModerator Welcome to FXGears. Best winning days were Tuesdays, Wednesdays & Fridays If you make even a cent over the 10K capital, FTMO gives you a free retake. View community ranking In the Top 20% of largest communities on Reddit. 8. Took the same strategy I use for my personal account but lowered the risk per trade to a fair profit and loss point, i let my winners runn and move SL to BE more often than not. As a general rule, i risk 1% for each trade on my ftmo account, but i only do it when i have a significant buffer on my account (at least 5%). 8 days of trading, 259 trades, Profit factore 2. View community ranking In the Top 1% of largest communities on Reddit. So you are paying €155 for the possibility of only Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. Very happy with On the paper, gaining 10% and 5% in 2 months in a row is tough job. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! I'm not selling anything, not selling my EA, not selling Stop taking ftmo challenge. I cut my lot size in half to finish. S client and been profitable for awhile with a 50k account making about 2-5 percent a month . It has a free trial that’s quite tough if you ask me. FTMO Challenge Free Trial . Let's say I took part in the $10K challenge, and met all requirements and have an ending balance of $12K, since I hit the target of $1K in 4 days. Traders demonstrate their experience by following our Trading Objectives I have tried the FTMO challenge a few days and got a very bad and unfair experience. Here’s the comparison table for I wish you the best for real. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. - No challenge was done in a day or a single lucky trade, all trade This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard, trading platforms, challenge rules, free trial and fees. Lowering your risk may help your emotional since 10 trades may not be enough for a drawdown period. FTMO is hard to pass even for good swing traders as we have lower trading frequencies + Not only do you need a positive month but it must be extreme asking for 10% in 21 trading from a swing trader with good risk management is I plan on taking the challenge but it's definitely not as great as I thought it was. 09%, the profit factors are 3. I blew two of them after just one payout from each, and one of them I couldn't make a profit before losing it eventually. Edit: I just checked your post history and you literally refer to your strat as a « martingale » so did you change something since then? Also, did you Countless YouTube videos, Udemy courses, Google searches. I'm not saying I will pass or trying to prove anything but rather show real trading on a day to day basis. Thus, it’s equity based. to be fair, ok over-leveraging. Here are 7 useful tips for how to pass. I have not loss one trade. I have been trading since 2020 FTMO 10K challenge Prop Firms Hey guys and girls , I was just wondering if FTMO is worth trading with on long term perspective and what’s would be realistic and suitable account for beginners. 5-1. If so, are there any tips/recommendations you all could give for when I start? Well done mate (not sarcasm btw) ! But i do not think ur strategy will consistently make 30% a month because that would make u a better trader than the best traders in the world , and no offence the odds of you being the best trader to ever exist is quite slim 😂 Hi folks, are there any FTMO traders here that know if I can use iC Markets cTrader when doing the month trading challenge? I’ve been doing the trial for it on purple trading mt4 now for a while but iC cTrader is a much better option for me with its tighter spreads and lower commission rates. 216,075 Views. - To be with other like As I'm wrapping up with my FTMO challenge, one thing I would like to know but cannot find any information on is once you become an FTMO trader, what happens at your monthly profit split if your account is in a slight loss but you haven't breached any of the drawdown rules during that month? Say you end the month at $199,000 on a $200k account. Passed my 200k challenge today! Super pumped. Just depending on the volitility those moments really. MFF is bad imo, If you’re in profit of 10k and you lose 7k profit ( 3k net ) You will fail the challenge due to drawdown even though you’re in profit Reply reply OtherwiseSomewhere19. I would recommend this for anyone who want to get funded. I was 50$ away from starting over. Except with taking a prop challenge, you can pick the day when you're ready and if a lot of props removed a time limit, then even better. com's Reddit Forex Trading Community! Here you can converse about trading ideas Posted by u/Specific-Post5919 - No votes and 15 comments However I’m not sure if FXify or FTMO is better; here’s a breakdown: For the same 200k account, no time limit, 90/10 split, monthly payout - FTMO: cost $1387 90/10 split not available at the start first payout is some time after passing (not on demand) along with only 100% refundable challenge fee FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. When you finally learn how to trade consistently and generate profits, the sky is the limit. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. Recently I got my funded account, first I was not sure whether the company is genuine had a lot of questions any hidden rules to deny payout. Most importantly, have fun! Your trading journey is a marathon, not a sprint. Countless YouTube videos, Udemy courses, Google searches. That's not to say you can't be a successful swing trader or scalper with FTMO, I just think it may be more difficult to meet the requirements. It requires patience, time and discipline. S and R scalps with indicators to narrow down entries. Nowhere in the terms and conditions does it say cats can't take the challenge. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen The subreddit for all things related to Modded Minecraft for Minecraft Java Edition --- This subreddit was originally created for discussion around the FTB launcher and its modpacks but has since grown to encompass all aspects of modding the Java edition of Minecraft. And in my opinion, it is even easier than other currency because of the volume. I’ve heard of the 5%ers Even though it’s called a swing account, FTMO isn’t well suited for swing trading. FTMO by far the best one. This community is devoted to the teaching of strategies and resources to help traders become consistently profitable. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. I trade all major currency pairs, and for the challenge my base position sizes were 5 and 10 lots. 59 respectively. I've seen a lot of FTMO Youtube videos interviewing some of their profitable traders who are making anywhere from maybe 5k - 50k profit split in a month. The real question is do YOU have a consistent and profitable method? That is the real question. Because every account you So I decided to try an ftmo 10k challenge. So in my case, I reached a draw down exceeding 5%, but never an You have to pay a entry of a couple hundred euros and they give you from 10 000 to 100 000 dollars to trade with, if you pass the challenge. I got 2 more weeks to pass the challenge or breakeven to get a renew challenge. I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. My opinion would be go for it, but be disciplined and use it to fund your I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. Price won't be the same though and that could result in getting stopped out in MT4 when it looked fine in TV or you might exit a trade and leave too many pips on the table or get into a trade in an awkward position, or any number of things when trading with a price disparity. 331K subscribers in the Forex community. It starts with the FTMO Challenge, where traders Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. And I was wondering which is the best data provider on TradingView, to use for FTMO? Also, I have noticed the price on MT4 from FTMO server is a few minutes delayed, anyone else experienced this problem? Thanks I just recently got my first FTMO challenge. many will suggest 1% or aggressive 2% or conservative 0. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge account FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. - Win rate of 55-60%. I took a 2. I don't understand why my win rate is 93. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. The 2 major drawdown periods are plain and simply my fault. Can funded account help with discipline? I have been thinking about it and started challenge, my thinking is that it can help me to stick to the rules as i know account will be terminated if violation of rules, which wont happen on personal account and i can Like the market owes me right. During the challenge, you have to prove your trading discipline, skills and profitability by archiving the goals determined in the trading objectives. With the right strategy and mindset, Anonymous. com Interview with our FTMO Trader Nikita: • This You can have good wins and bad wins, good loss, and bad loss. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! The FTMO funded trading program has specific rules that guide the traders in their conduct as well as describe the expectations and the targets that need to be met for traders to complete each stage of the program. Wish me luck. At Funding Traders, we stand by the other top prop firms in The first step is the so-called FTMO Challenge. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. Inactive. You'll keep failing. Posted by u/ThatArmy2631 - 1 vote and 1 comment Posted by u/GoatedBum - 1 vote and no comments If you lose 3 trades which is 300 dollars in a row the strategy isn't working. Hope you all have a great rest of the week. Focus on back-testing, practicing in reading charts and trading psychology will eliminate the luck factor in my trading, developing several strategies that The FTMO Evaluation Course is designed as a two-step process to assess a trader’s skills and discipline rigorously. :) you'll be in a much stronger position before taking on the FTMO challenge by testing first your EA on a demo account for a couple of months and save money, just my 2 cents . This topic is mainly for people who already have a challenge going on, and they struggling with it, as it become more stressful and it might influence your performance. So obviously, there’s something wrong with the strategy. Do you plan to take another FTMO Challenge to manage even bigger capital? My plan is to grow together with your company, I am focused on getting the account increase step by step, seeking the 90% division is also one of my goals. However, if you can do that, then you are in the game. So you get a new 50k account every time. rather than most these posts that show a few wins. because I let my emotions get the best of me. My win rate decreased because of the pressure. 5% per trade with a 1:2 risk-reward ratio, you will hit 10% in 10 I started with the FTMO Challenge, and after successfully passing it, I moved on to the Verification, which was the final step before becoming an FTMO Trader. I’m not saying its not hard. First things first, let's start with the basics. 1K Likes. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. I can demo trade just fine, I passed 3 ftmo trials one after the other. Just completed the 10% challenge for the 100k account on ftmo in 36 hours. FTMO. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use 13 votes, 19 comments. The contract further details the FTMO regulatory compliance and relationship with the trader. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic [email protected] +44 20 3322 2983 ; WhatsApp FTMO only provides services of simulated trading and educational tools for traders. Geen scam, dat is zeker. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Seeing a lot of videos lately of people passing FTMO challenges on Youtube. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. The email said that normally it would only take 1-2 days though. Forcing yourself to trade everyday does not work well (for me especially). I over traded and just went in complete denial over the fact that I had just lost a substantial amount. I've been reviewing my trades. Hey guys, I have seen some recent news about MFF prop firm, and now I am curious whether FTMO is in a danger being shut down too? I've finally achieved some consistent results on my demo trading and felt comfortable enough to start a challenge the last week, but now I am confused. And did my due diligence asking them (the ftmo team) multiple times if i was allowed to hit the 10% target before the 10 day minimum. From what I remember MFF has 3-4 pip spreads on gold while FTMO has around 1. The FTMO Account agreement defines the trader’s duties and rights. US nationals/residents including the US overseas territories (Guam, American Samoa, Northern Mariana Islands, Puerto Rico, and the U. FTMO is absoluut een betrouwbare organisatie, ik zeg dit uit eigen ervaring. Went to the ctrader web version and tried to login with the info FTMO sent me. (MT4), MetaTrader 5 (MT5), and DXtrade. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. Certainly not, but if someone tells you that their course is precisely tailored to the FTMO Challenge and after completing it, you will meet View community ranking In the Top 1% of largest communities on Reddit. 01 lots btcusd, I did this with FTMO to finish out trading days too. Posted by u/FxTrader13 - 23 votes and 50 comments One thing you should know before taking this challenge is that FTMO requires steady traders. This is essentially just a demo account so people can practice on their platform and liquidity provider. One thing I noticed is my Saturday and Sunday trading days did not show up in the trading objectives until late Monday, seemed weird to me but as long as you're opening and closing on the right days (check time zone difference between you and FTMO) it should show up during the week Hi guys I have a live ftmo challenge, which will start when I place my first trade. Today I wanted to start the 10k funded challenge but didn’t bc in the terms and agreements, there are rules about Demo trading styles affecting whether or not you’ll pass the challenge - has anyone been rejected/denied to being funded even though they passed the FTMO challenge and verification? Thanks in advance WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. Only 8% of all challenge takers pass. 5 to 2. The FTMO Challenge is the first 242 votes, 229 comments. Reply Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. I have passed the initial challenge and I am currently trying for the verification phase. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge because most likely, no one has 100k lying around to use. De "forse fees" om de challenge te doen krijg je terug na je eerste maand nadat je de challenge hebt gehaald. Don't beat yourself up. Therefore prices and spreads will be different. Verification done in 1 day. Now I have to wait 8 days to start step 2. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Must say I am now funded after passing FTMO challenge and also helping other traders out. r0zika • It’s a solid profit. A $10000 account where you are able to lose $1000 and it costs you only $155 with the current rate to buy a challenge. If I do not buy a new FTMO challenge, the advantage is that I do not need to forfeit the money that I paid for this current challenge. PMI ride I really dont understand how people actually think this is a real way to go about this process. Hey guys. Can hit 5% with relative ease, but for Same thing with taking a prop challenge. With the right risk management you can guess your way to an ftmo pass assuming you guess right 50% of the time. Later I took a second challenge and I was in the same position, $320 from finishing the first phase. While I don't think the IP thing will be an issue (I imagine they have a lot of people running an EA on a VPS and also manually trading for instance. If you pass the challenge then you'll move onto the verification. e impulse, corrective, impulsive etc. I think this goes against FTMO's user agreement and ToS. 875 subscribers in the ForexCracked community. I'm new to FTMO. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. Thank you for your replies No challenge is based on balance or you could start with 50k, have a trade open that’s negative like 20k, and when it goes to 55k you close it and win the challenge. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. I'm assuming you had some historical trades/track record you based your risk on going into the challenge. Get FTMO Passing Service from FuelForex. Best of luck on your recovery. Things that helped me pass my FTMO challenge, verification, funding and payout . I also read some reviews on TrustPilot and it seems like the Daily drawdown is one of the main reasons why traders fail the FTMO challenge. true. I had good experience overall got my payout within 2days. And looking where price moves to. Don’t buy a challenge to follow this topic, if you can’t trade after passing the challenge there’s no point of taking the challenge in the 1st place. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. by number of daily average revenue trades. Deposit the challenge fee into a brokerage account and trade it away. They are a mix of traders, quants, mathematicians, and developers driven by the same passion for the financial markets. Anyone who wants to feel safe should have a good antivirus program installed and it is highly recommended to browse the internet only with the antivirus turned on. It must’ve hit SL due to spread, I have an FTMO account and I know they’re not cheats, it’s in their best interest that you make money! FTMO by far the best one. This is why I recently have been focused This is why you tend to see "I passed the FTMO challenge (secret : after their 8th attempt)" posts and zero "3rd month in a row extracting an income from FTMO" posts. Imagine on the last day of the trading period, if you are on real challenge with real money and you profit at this level, but suddenly you hit over the daily loss limit $10+ or whatever. 4 percent after 4 days. Do not be tricked by fly-by-night firms offering cheap thrills. co/r5MtfCG https://ibb. Or am i just over trading and bound to blow lol? First level ftmo challenge on a 200k account Prop Firms I have a 75% win rate but I end up losing some trades which takes a big hit in the account,it's been 3 days since I took the challenge to reach 10% but am feeling like the numbers are big but I have did it easy lot of time before(on smaller accounts) I feel little nervous to big lot and The disadvantages are that I have to fork out money for the new challenge (which can be redeemed after I pass it) and I most likely have to forfeit the fee that I paid for the current challenge. Dit allemaal om "kaf van het koren scheiden". Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. I have reported the issue to the support team , I now await the response. The absolute best FTMO Traders can get an opportunity through our Premium Programme to become professional traders in Quantlane, a proprietary trading firm that manages its own real capital. For some crypto pairs for example, the contract size is 100. Check out my shared screenshots with FTMO challenge stats for a We would like to show you a description here but the site won’t allow us. FTMO Challenge: Day 1 I started yesterday an FTMO challenge (trial) with my Bot HyperGrid, I wanted to share my journey with you :) My Bot HyperGrid in action, it's based on Mean Reversion, that's why it's always working against the trend. Buying another 200k challenge to max out my 400k allocation. Hey traders, The FTMO Robot is now even better! After passing 2 challenges in October, I have upgraded it even further! Here is what’s new: I As soon as you pass the challenge, achieving the required targets without breaking any rules, you’ll be rewarded with a funded account to trade. 2020 Jun 12. Now I'm trading the 15k AUD challenge and currently at negative side -50%. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. The best thing I found to do is just to sit out of the market and take a step back if I'm really not feeling the price action. •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. ly/FTMO-NEW-SPECIAL-INVITE-DISCOUNT 📢 100 weeks $10000 to $1M challenge - Week 1. FTMO View community ranking In the Top 1% of largest communities on Reddit. For forex pairs, the contract size is 100,000 which is 1 standard lot. I pass the challenge within 10 days. In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. It's great that you're currently up 3% but if you allow yourself to hold losing trades and go down 8% in one day then your success wont be sustainable. Thanks heaps. It's all about mixing the old school trading hustle with some new tech flair. Is FTMO Regulated? Prop firm traders must enter into the FTMO Account Agreement and pass the KYC/KYB process. 🚀 BEST FTMO UPDATE ! GET Your FTMO Account in Just 4 Days and Get 10% off Today 🎉💪 bit. First step is to forgive yourself, then reflect and see where you went wrong and implement new measures so that you'll do better next time . I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. FTMO Challenge. We all make mistakes. Posted by u/YoloBilal - 10 votes and 3 comments It is often best known for its trader workstation, API's, and low margins. Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. Assess your performances on the platforms that best suit your preferences and prepare for a new FTMO Challenge. Eddy It is often best known for its trader workstation, API's, and low margins. You need to study for it, practice, take notes and review them, learn with friends if you can and only try to take the test when you absolutely feel like you're ready. 11 votes, 27 comments. https://ibb. 1%-0. Now im 5% profit so I'm asking, will they give another challenge if i don't violate any rules or is it just one re-take and then purchase another one? That's true. They kept saying I had to wait till the 10 days are over and Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. I'm taking a break until next week. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. ralzt kxso aeep lzem vpgnxi uxpip dbaly xns ioms gqmxsht