Ftmo challenge reddit. 200K on FTMO? At that point 1% is 2000, and 10% is 20000.
- Ftmo challenge reddit Ftmo ticks all boxes, if you check reviews etc they are mainly all good ones, Plenty of people use ftmo not sure on your progress with forex but take the free trials before spending out on a challenge to be begin with and get used to there set objectives and rules 11 votes, 36 comments. That's how they make their money, and it's one of the best business models out there. I have come along way! Please share your experience with trading or even FTMO :) 22 votes, 24 comments. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. 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 Trading has a huge psychological You will now lose the challenge if your account balance goes anywhere under 21. Today i finished my first phase of my 100k Challenge. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. which is more than enough to pay out the traders that do make money (90%+ loose) -the really great traders with good rm and consistency over a longer term basis get copy traded onto a larger live account. 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. This is my 3rd time with FTMO. Do you plan to take another FTMO Challenge to manage even bigger capital? Yes, later in the year once I have got settled into this account. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. I have a Myforexfunds live account and have recently failed phase 2 of another challenge. And looking where price moves to. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. I don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. 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. 000) as their calculation-basis and call funding firms a scam because their account balance never went under 20k (25k I purchased my first ftmo challenge Questions on Monday and was up like $1. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. Most people tend to still take the initial capital before entering the trades (let's say 25. 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 phase 1 and they want to challenge trader’s consistency. 5-1. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. This includes unrealized losses. 600 Dollars (27k - 20%). 7k for 2 days but I wasn’t in the mood today and I placed a bad entry which it touched my stop loss and I placed 3 more after obviously i went even more down. I felt cheated and disappointed. Desde então, procuramos cooperar com traders sérios para capitalizar os dados que fornecem sobre a sua atividade e receber recompensas pelo seu desempenho em contas de fundos virtuais – As FTMO Accounts. - To be with other like-minded forex traders. After a while it seemed better to simplify everything and just look at plain simple price action, I. My question is if any of you guys who have passed the first… You have mentioned you're profitable on your own and with a large sample size, so congratulations. fuelforex is best for passing the FTMO challenge. - Each challenge was done separately, months between one and another. Because every account you withdrawal from it’s going to say passing. Our FTMO Challenge is the first step of our Evaluation Process. Day 29 I was down 4%. 1%-3% max but I think 0. true. FTMO is legit, and I assume they have a lot of very successful traders. -Share FUNNY Trading Countless YouTube videos, Udemy courses, Google searches. I have been trading a 40,000€ demo account at FTMO for the last two weeks (see screnshots) to see if I can put what I have learned into practice, i also made some 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. Very happy with myself and my progress, especially that I started trading less than a year ago. This serves as a testament, however, of how badly designed the FTMO challenge is. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. Just passed the challenge in under 5 hours, with zero losses, a 0. It is perfect for every trader who only have low-profit average strategies. e impulse, corrective, impulsive etc. The real question is do YOU have a consistent and profitable method? That is the real question. com challenge. So once you withdraw your profit for those 30 days it restart like a challenge. Remember, in the market, perfection is elusive. First things first, let's start with the basics. I got their service for 6 months. 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… 100K agressive challenge allow up to 10% DD and goal is to reach 10% profit the allowed 20K DD is considering the 10K profit already made Reply reply More replies Guilty of doing news releases too hahaha and for what it’s worth it says here “Please note again, these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. What was the most difficult during your Challenge or Verification and how did you overcome it? The FTMO Challenge (as well as Verification and FTMO Account) is conducted in a demo trading environment that simulates real market conditions without financial risk other than the fee paid for the challenge. That is the best way I got to get the funded account from FTMO. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. 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. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. You could possibly go yolo and pass it in a single trade in under an hour. After the 30 days I was not able to get my account to break even. ” So you could do news if you wanted to just to pass the challenge and get your funded account but then going forward you Please explain it like I’m five. Another point of view, Just position yourself as new trader - passing challenge on FTMO is regarded as an achievement of some kind and you would want to brag it here. So from my assumption it’s basically like the verification and FTMO challenge without a target. FTMO. My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. Keep trading sharp! I have tried the FTMO challenge a few days and got a very bad and unfair experience. I think the amount of ppl passing the ftmo challenge and ppl who success in the markets are still on low side. Just a curiousity of mine. I’m not saying its not hard. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. Antes de obterem a FTMO Account, têm de passar o processo de Avaliação, denominado FTMO Challenge, seguido da etapa Verification. 8 - Win rate of 55-60%. Hey guys. What’s the catch? There's an interview with FTMO CEO where he mentions 94%trader fail the challenge. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. . So you get a new 50k account every time. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. Just because several ppl bragging it here, does not mean it is so many. So, for example a common challenge is to do 8% in a month. 22% drawdown and within 14 trades. I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. I failed my FTMO challenge today. Trading 2 1/2 year u got any tips for on trading indicies (nas,us30,Spx) during nyse open at 6:30 I’m trying to focus on that with my next ftmo challenge (I’ve failed 5 100k acc 😂😂😂) 🤦🏾♂️ Sorry OP but that's a dumb question. Please dont get me wrong as I have a very limited knowledge about profits etc. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. Forgive me but wouldn't it have been wiser to take up the challenge with the biggest account like for eg. You have to be profitable to be able to make money on their 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 would say go for it but you won't make life changing money because of how strict their rules are. -ftmo's business model is based on the failed challenge fees. lkfgg jmezx letm uiix xqzmg whmwt unfg ywurq wojvcbvbb nkgr
