Best ftmo challenge reddit. More posts you may like r/Daytrading.

Best ftmo challenge reddit 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 So I decided to try an ftmo 10k challenge. 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 Hi Everyone, I pass prop firm challenges. 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. View community ranking In the Top 20% of largest communities on Reddit. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. 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 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. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use According to MFF's own statistics around 2. As long as you aren’t close to the max loss, you should get another day at least if you are able to get out before the daily drawdown is hit. Best of luck with your challenge. The FTMO challenge consists of two phases: evaluation (10% profit target) and verification (5% profit target), with strict drawdown limits and a refundable fee. Entry cost: $495, refunded upon passing. However I realized that somehow my max daily loss is at 4. It feels like a long time ago, but it was only last year. What I did with the challenge is just trade normally, make a a nice buffer and if the deadline approaches and I'm not close to the target I would either increase risk or go all-in on one trade. Top. This is a pretty hard task already. You will be able to see if I break any the ftmo rules. Party up with friends from all around the world to chat, hang out, explore MILLIONS of player-created rooms, or build something new and amazing to share with us all. FTMO & MFF Funded certificates Doing new ones this year follow my journey! 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. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. After passing both phases, you start getting all the profit you make. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. Cant wait for the downvotes on this 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 felt cheated and disappointed. Fieldcrest is declining traders after passing challenges even if they follow the rules. ) you really don't want to put all that work But if you do the math of the minimum amount of profit you need to pass a challenge the challenge will be a lot easier to pass. While you, the trader, naturally want the biggest bang for your buck, prop firms simply can't offer massive accounts at rock-bottom prices. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results through acceptable methods. Please dont get me wrong as I have a very limited knowledge about profits etc. Controversial. I was 50$ away from starting over. As long as you know the game you are playing getting funded is always the best option. Have a good meal/coffee beforehand, after lunchtime is when I make my best trades. Don't panic towards the end of the challenge to meet the profit target by risking more. FTMO the ticks are weird so I tend to get less out of my trades from them. I'm not worried about the 5% daily drawdown limit, I know how to You initially pay for a challenge account. I've got 2 currently and the third 200k is still in 1st stage challenge. To give context I have been trading for 6 years profitable for the last two and have been trading with my own capital since. 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. I have tried the FTMO challenge a few days and got a very bad and unfair experience. I'm not saying I will pass or trying to prove anything but rather show real trading on a day to day basis. I have passed the initial challenge and I am currently trying for the verification phase. That's not to say you can't be a successful swing trader or scalper with FTMO, I just think it Finally, the only little piece of advice I can give you is to understand that this is not a miracle way to get rich, the FTMO challenge is not a joke and it is certainly hard to succeed, so be careful. Verification done in 1 day. You don’t get any of the profits from the challenge. Hey dear community, 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 Day 2 of my FTMO challenge (50k) Prop Firms Share Sort by: Best. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. 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. The challenge is particularly difficult for swing traders. That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. 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. Things I learned from this challenge The FOMO, the fucking FOMO. com challenge is not easy. Posted by u/[Deleted Account] - No votes and 22 comments •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. FTMO. I have reported the issue to the support team , I now await the response. Challenge: Two-step program requiring 8% profit in step 1 and 5% profit in step 2, with max loss of 10% and max daily loss of 5%. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. 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. Two Types of Passing Service: Single Challenge Pass and Contract Offer Single Challenge Pass: 650 USD fee (per challenge) Accept challenges until 2% drawdown View community ranking In the Top 20% of largest communities on Reddit. Good job, and good luck. Old. Even fewer percentage (0. Don’t trade tired or hungover. 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. During FTMO recently blocked new and existing US clients from purchasing new challenges or trials. 4% away from failing the 10k ftmo challenge stage 2 Questions Hey everyone, I've recently got into ftmo, and on my first try, I passed the stage 1 of ftmo, onto stage 2 View community ranking In the Top 1% of largest communities on Reddit. well reddit go have a field day on this :) I'm going to do it through ftmo free trial that way I can post all results and its more detailed. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. com's Reddit Forex Trading Community! Here you can converse about View community ranking In the Top 1% of largest communities on Reddit. A $10000 account where you are able to lose $1000 and it costs you only $155 with the current rate to buy a challenge. Must say I am now funded after passing FTMO challenge and also helping other traders out. rather than most these posts that show a few wins. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. I trade the merged accounts as if they are 50% of their value so I don’t lose them. Two Types of Passing Service: Single Challenge Pass and Contract Offer Single Challenge Pass: 650 USD fee (per challenge) Accept challenges until 2% drawdown Fixed fee for all equity sizes (10k to 200k) Account Management Partnership 50-50 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. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. Strategies for Passing the FTMO Challenge Effective Money Management. Just completed the 10% challenge for the 100k account on ftmo in 36 hours. i plan on using the minimum lot size and immediately closing for the following days. Everything under Refund Policy. I’m curious if this works Free Challenge: Earn a free FTMO challenge at the same size as your current account. Pass ANY Prop Firm Challenges: FTMO, E8, TFT, etc / Funded Account Management, I offer these services! Single Challenge Pass OR Contract Offer. Add a Comment Arguably Reddit's best source for uncensored cryptocurrency news, I am not a good trader, but I prefer asymmetrical risk-taking because a high reward strategy, even with a very low win rate, will outperform it's expected value over the long run. Welcome to /r/Netherlands! Only English should be used for posts and comments. And if you get lucky and you pass, you won't hold the account for long. I can make 10+% per month on a good month, but to have 10% average would require too high risk. Wish me luck. There is a reason why phase 2 have longer time to pass and less profit target to achieve, because the company It is if you have good discipline and have a strategy good enough to pass the challenge, and make it long enough to get your refund. 81%, but it’s not Our trading challenges provide virtual funds ranging from $10k to $200k, allowing you to practice and learn in a risk-free environment. Can you share your experience? Withdrawal process with diff payout This serves as a testament, however, of how badly designed the FTMO challenge is. You got lucky over a few trades, which is unfortunately how most people pass these things (and then they use their certificates to somehow Not sure they’ll approve you passing the challenge if you grid trade with a bot on a non-demo account. I've been trading for a fairly short time but I'm doing very well so far. 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. Honestly for me its not worth all the rules they have, I’d rather just use my $7k+. The next section of the FTMO review explains the details of the FTMO Challenge, the Verification process and the specific trading objectives. Awaiting real account. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video 13 votes, 19 comments. If I do my analysis outside of their platform i can earn more but i dont have time to try to make it work that way so i only trade there every now and then. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. Theoretically you could complete the entire challenge in a couple of days if you are good enough or get extremely lucky. Funded traders receive up to 90% of profits. Emotional trading is a bitch, I thought I was good bc of my sport competitive background, but no ,sadly. As a scalper, I couldn’t imagine holding over the weekend, or even overnight. The Euro trade was at BE so I bought chf/jpy because this The Funded Trader, My Forex Funds, & Ment Funding. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. Things that helped me pass my FTMO challenge, verification, funding and payout . For part 1 of the FTMO challenge, the goal is to make 10% in profits. I'm going to start this challenge on Monday and I will post my profit/loss each day for all to see. They offer good sized accounts with good risk, but the fact that you have to watch their economic calendar and have all trades closed atleast 4-8 times a week is ridiculous. Stop paying for challenges if you're consistently failing. I’m not saying its not hard. My daily hit 23k. Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. 200k FTMO Challenge passed in 2days forex Hi guys. Weekend . Failed my second ftmo challenge today I was £400 in profit, target was £1,000 and then I got a loss, which turned into a losing streak. It’s a solid profit. Tradeable assets include Forex, cryptos, commodities, indices and stocks. 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 The first step is the so-called FTMO Challenge. I'm not worried about the 5% daily drawdown limit, I know how to View community ranking In the Top 20% of largest communities on Reddit. once Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. You’ll end up REKT 100%. FTMO and other prop firms earn their money on people failing challenges. My challenge ends tomorrow. A place to discuss forex strategy, ideas, analysis, and concepts. FTMO moze da te isplati u kriptovaluti, pa to prebacis na neku menjacnicu i dignes kod nas, u tom slucaju placas 15 posto porez ako dizes na banku 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. Only 8% of all challenge takers pass. Worst case scenario I get a free new challenge. FTMO 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. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). Fieldcrest is a big time scam. 40 max per trade 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. Even though it’s called a swing account, FTMO isn’t well suited for swing trading. What happens if you try to close your trade over the weekend on your funded account (currently positive)but the server wouldn't let you login And now you have a trade open over the weekend. however, i was wondering if i should use crypto to do this during the weekends since all the other symbols are closed. FTMO Challenge Free Trial . No rush. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge 17 votes, 22 comments. 9%) of those survive until the first payout/refund of challenge fee. Daytrading futures, forex, stocks, etc. I quickly learned that I have to have RR We would like to show you a description here but the site won’t allow us. I am very risk averse so 2% per trade is high for me. Forex Challenge: Can you make a living from trading via prop firm FTMO? We start the second week of the FTMO challenge at 2pm (GTM, UK time): Live Trading Room. First FTMO 10k Challenge progress that I'm taking right now (more info in comments) comments Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. Keep trading sharp! 309 votes, 72 comments. FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. Thank you for your replies Today, I started the Phase 1 of these 3 FTMO challenges; ONE 100k and TWO 200k. What does this mean? I already got the message saying my daily loss has been breached and to email FTMO. 362K subscribers in the Forex community. is having a 1 lot (minimum) on something like btcusd and closing right away viable? i literally dont trade Hello folks. The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. Just depending on the volitility those moments really. Most intraday trades were sells on double top pattern with at least a R1. Tried for a 10k challenge the other 17 votes, 22 comments. Kad ti legne uplata od FTMO-a duzan si da popunis u banci poreklo novca i da sam podneses prijavu za porez u poreskoj, znaci samo ukupnu sumu koju si zaradio na kraju meseca, svakako je previse. 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 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 Hey guys, I am currently doing an FTMO Challenge. 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 View community ranking In the Top 1% of largest communities on Reddit. First things first, let's start with the basics. FTMO is a top prop trading firm that offers traders capital after passing a two-step challenge, with profits shared through a monetized demo account. Home of Fury 325, Golden Ticket award winner for Best Steel Rollercoaster since 2016 and the longest steel rollercoaster in North America. The good thing is that after the two phases there's no restrictions and there's no parameters, literally have to treat it like a crash course until then. Just a curiousity of mine. 70-. FTMO Challenge. One thing I have noticed with these FTMO challenges though, is to at least try to get out before you reach the max daily loss. Can hit 5% with relative ease, but for one reason or another, I'll drop back down. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. Please join us on Discord 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. So I decided to try an ftmo 10k challenge. Plus they don't Hi guys I have a live ftmo challenge, which will start when I place my first trade. For example FTMO which is a very known prop firm with great reputation. This makes me profitable. New. com challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm 0. Savings: Get a 10% discount on all future FTMO purchases. After the 30 days I was not able to get my account to break even. Very happy with myself and my On the paper, gaining 10% and 5% in 2 months in a row is tough job. In a weird way, when I treat my FTMO accounts and personal View community ranking In the Top 1% of largest communities on Reddit. e. 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. Day 29 I was down 4%. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. FTMO's 70/30. Articles, links, etc are all welcome. Yesterday I put it on the account it made 116 usd Today it did 735 usd. It will take you 6 times Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. Thanks for the help I got when I was trying to find a good prop firm. I offered them a discount and anyone interested, the offer is only for 4000 usd until the end of February!! Take care all and if you have any questions, feel free to contact me: @isaacstrading. Note that this is not the first time it happens Rec Room is the best place to build and play games together. Our FundedNext review, Prop trading challenges are a great way to 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. 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. 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. In our FTMO Challenge, the business day is defined according to Central European Time - CE (S)T - [Central European (Summer) Time]. Deposit the challenge fee into a brokerage account and trade it away. The concept of what goes up must come down, what goes down must come up works in good economic times. The truth is prop firms like FTMO have a balancing act to perform. If they could start giving it out, that would be great. 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 I’m currently testing your theory, I’ve bought an ea and put it on a 50k ftmo challenge. I failed 2 FTMO challenges before they introduced the no-time limits. Passed the first step yesterday. Now I have to wait 8 days to start step 2. Q&A. More posts you may like r/Daytrading. Before you can get your FTMO Account, we need to be sure you can trade responsibly and FTMO is an excellent platform, but it may not be the perfect fit for every trader's style and requirements. 50 - 1. Alternatives to FTMO could offer different funding models, less stringent I started my challenge on the Monday and I failed in like a day because of that, It doesn't help that on my personal I swing and I let trades run loose. Overall, I was still roughly 7% in profit. 5 - R2 US30 lot sizing was consistent between 0. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic [email protected] +420 910 920 310 ; WhatsApp FTMO only provides services of simulated trading and educational tools for traders. They put out a statement on Twitter about 2 hours ago stating that they would no longer be accepting new customers from Canada. CONSIDERATIONS BEFORE BUYING A 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 want to take the FTMO challenge for a swing account in August. 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. Using a reliable money management system is very important for passing the FTMO Challenge. 357K subscribers in the Forex community. Also, you were lucky. Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. 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 Posted by u/Specific-Post5919 - No votes and 15 comments MyFundedFX might not be the best place to go. This is based on my trading knowledge. The subreddit for North and South Carolina's best amusement park. I blew two of them after just one payout from each, and one of Step 1 – FTMO Challenge. well I don't know how good your strategy is, but you can always do a 50 to 500 challenge first. Terrible customer experience, takes 4 weeks to get the account reviewed. If I cannot find a way around it, I'll have to go up a timeframe, backtest a different pair that moves faster and will therefor require less lots/trade, or change my strategy. Daily loss was 10k. 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. what are your thoughts about FTMO challenge Second question is I have a startegy that is 35-40 percent winner based on backtesting. Obviously with FTMO this will help you big time on the funds. 2k No. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. Posted by u/[Deleted Account] - 2 votes and 18 comments Max loss was supposed to be 20k. However, with the In this article, we will reveal a few tips to help you pass the test quickly and successfully and win a job in a global company. i was messing around with the lot sizes and basically fucking around. 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 challenge prices . 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). Risk/reward ratio is 1-3. I quickly learned that I have to have RR sitting at . My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. And even though you faced some challenges in Phase 2, it's impressive that you were able to recover all of your losses and end the day without any losses. I think this goes against FTMO's user agreement and ToS. 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. If you make even a cent over the 10K capital, FTMO gives you a free retake. 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 swear, the shittiest prop firm. If you pass the challenge then you'll move onto the verification. The market has started become difficult as per my analysis, mainly because of direct impact of news, yet I passed these 3 challenges in ONE trade!! 🔥 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. I got upset that I closed the trade too early because I Stop taking ftmo challenge. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. 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 Hello! I already passed ftmo demo trial for 14 days for 3 times already. I would check FTMO site to check all the rules. This feedback is very valuable to new traders or those seeking some trading motivation. I signed up for demo last week to see how it works and the challenges etc. Same thing happened with my first ftmo challenge, I was £700 in profit. I have a swing account because big news days are my best days, and I focus on smaller profits so 1:30 is sufficient. 40 max per trade Good afternoon Traders! I have successfully passed my $100K FTMO challenge. One or two accounts are still left. FTMO challenge. 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. However, it's been over 24 hours since I completed the challenge, and I still haven't received my login If you reach your 10% you have reached your goal and move to the next challenge. The working hours during the How does passing the FTMO Challenge and Verification changed your life? The Challenge and Verification have played an important role in my trading career understanding the importance If you’re a trader who looking to pass the FTMO Challenge and win the Funded FTMO account with real money, you’re in the right place. And never trade directly after a loss. 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. challenge soon, I tried the 100k demo account and I'm doing good so far (2 weeks in). This offers more room for loss compared to the other options, but has a higher entry barrier due to the multi-step process. Our FTMO Challenge is the first step of our Evaluation Process. 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. Remember, in the market, perfection is elusive. So basically, in once instance my time was running out as the challenge was coming to an end, and I was only 2% in drawdown. There must be something more to successfully ride the bit bigger prop account of course with all the pre phases At the moment i am working on my fourth 50k demo challenge, have successfully made 3 already. Most importantly, have fun! Your trading journey is a marathon, not a sprint. Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. I know only 5minute jokers that would trade that way. 34 votes, 48 comments. Welcome to FXGears. Balancing FTMO challenge and job, August trading . Without the weekends, you’ll get 20 trading days. Please join us on Discord Step 1 – FTMO Challenge. But I'm happy with the ease of passing this challenge. AutoModerator • 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. Here’s an effective approach: Risk-Reward Ratio 1:3. Same with the 5% on the 2nd challenge. The only problem is I reside in 1 of the 4 states in the US in which FTMO will not provide challenges to. Find me on Discord: isaac_1805 Telegram: @isaacstrading My YouTube: @isaacstrading 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. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. 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. Does Demo affect FTMO challenge passing? I’ve been trading Forex for nearly a year and finally wanted to join FTMO. I also did the same with an account on my wife’s acct and had 100k x6! View community ranking In the Top 1% of largest communities on Reddit. The 2 major drawdown periods are plain and simply my fault. But I wanted to see how I can use this strategy to be successful at FTMO. It takes time! (this money is really just getting stored as a bigger pot for personal accounts) Good Job! Yes it sucks, and yes you should have good risk management skills to mitigate the risk of it happening, but I found that caring too much usually leads to messing the account up. This FTMO review guides In this comprehensive review, we will delve deep into the various aspects of FTMO, including its evaluation process, account types, payout system, and more. I appreciate it. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. Our Challenges simulate real-world Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. Tried for a 10k challenge the other 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. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. I failed my FTMO challenge today. Hey guys, I'm taking my ftmo challenge, and im having trouble hitting the 10% target. comments sorted by Best Top New Controversial Q&A Add a Comment. Therefore prices and spreads will be different. 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. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Been trading is this world call FOREX from 2016, developing EA/robot. x1 50k & x1 200k challenges. Posted by u/GoatedBum - 1 vote and no comments View community ranking In the Top 1% of largest communities on Reddit. r/Daytrading. There are others like TopStepFX and Fivers. - To be with other like-minded forex Getting in the right headspace is important. Took a 70k FTMO challenge traded just gold, passed in 6 days. If you are a good trader then go for it if you are scared then try to get a professional to help you pass your tests. 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. The really hard thing about prop firm challenge is the psychology, because you have a tight deadline and market does not always deliver setups. comments these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. 350K subscribers in the Forex community. A lot of the profitable people at FTMO have dropped off lately/lost their accounts. I won't mention their name here. This means that for every trade you make, you should risk 1% of your account and Don’t be overconfident. Top 1% Rank by size . . Remember what time zone you are in. Our goal is to help Redditors get answers to questions But if you do the math of the minimum amount of profit you need to pass a challenge the challenge will be a lot easier to pass. FTMO gives you a demo account with real life "features" such as spread between BID and ASK. 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! I can make 10+% per month on a good month, but to have 10% average would require too high risk. 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! Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. ” So you could do news if you wanted to just to pass the challenge and get No. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. Prior to that mess I was 800 shy of the goal. Yes but I prefer MFF. I would never again go with Fieldcrest. Breaking rules, lack of patience you name it. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. The market has started become difficult as per my analysis, mainly because of direct impact of news, yet I passed these 3 challenges in ONE trade!! 🔥 View community ranking In the Top 1% of largest communities on Reddit. Grid trading with a martingale is not a good strategy for this type of leveraged trading. I’ve heard about Prop firms and after massive drawdown in my personal account I said why not. I see you are 3 days into the challenge and you had a day where you were down nearly 8% on your challenge. I’ve made good trades, but most times they fall flat and keep losing you money. If you have 16 trades and all are profitable and you say you are scalping, your trades are either very small that you will not be able to pass the challenge or they are too big that you will burn the account sooner or later. During the challenge, you have to prove your trading discipline, skills and profitability by archiving the goals determined in the trading objectives. In the FTMO Challenge or Verification, you don’t need to. Thanks ️. Best. com's Reddit Forex Trading Community! Here you can converse about 3% dd today. Then if you lose to any of the parameters, you don't lose all of your money, only 5% or 10% of it. Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. I had 13k in drawdown and about 6k in losses. All they want is selling challenges Rec Room is the best place to build and play games together. FTMO Challenge: Day 1 . Hi everyone. lovely. 875 subscribers in the ForexCracked community. 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 and Today, I started the Phase 1 of these 3 FTMO challenges; ONE 100k and TWO 200k. See Pinned Post in group or my latest video's description on YouTube. Knowing the rules is extremely important imo. Only took 2 days to pass these 3 challenges: x2 200k FTMO Challenges x1 100k FTMO challenge. 😔 Futures contracts can't be bought or sold with FTMO. View community ranking In the Top 1% of largest communities on Reddit. First week closed with a loss of -1. It requires discipline, dedication, and a solid understanding of the markets. Hey, thanks for sharing your experience with the FTMO Challenge! It's great to hear that you were able to pass Phase 1 in just 4 days without any losses. 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%, target 10% and you pass. For example, if you start with $100k, you must NEVER reach $90k or you lose your challenge. I have just started the demo challenge as well, and I am using TradingView to do the analysis. They are all the same with different rules, just whatever suits you best. These are two new FTMO challenges I received by two clients who bought the Contract Offer. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. Almost close to reaching target on 50k FTMO Challenge. This helped me a lot to reduce the stress of passing. My favorite setup that clinched the FTMO challenge I'm very proud to have just complete my FTMO challenge and I will share one of my favorite setups that I Alright let's get into failing challenges Impatience & Daily DrawDown limits. There are other prop firms that have a good name as well but have profit targets of only 8%. Trade the trial FTMO and pass it 3 times in a row. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. You need to buy the challenge and then pass both phases. Open comment sort options. Currently I'm doing the FTMO challenge and I got to the profit target. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. Quick question I had for you guys. The first step in this system is to use a risk-reward ratio of 1:3. Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. 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. Then i would maybe buy another challenge. You'll keep failing. I have also started new challenges at other prop -ftmo's business model is based on the failed challenge fees. But it is good for good traders with 0 capital (minus the $400-$600 you might have to pay 1-4+ times). 1% of those who take a challenge pass both stages. Good first week. So for example, take the FTMO challenge, you’ll need to pass the 10% target. A streak can only last so long. You can take individual challenges for up to 200k USD each, and a 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 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 Posted by u/[Deleted Account] - 2 votes and 18 comments If you reach your 10% you have reached your goal and move to the next challenge. Long story short, with their assistance, I was able to pass the challenge and meet all the requirements. However, it's been over 24 hours since I completed the challenge, and I still haven't received my login Please explain it like I’m five. com's Reddit Forex Trading Community! Here you can converse about 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. Free Challenge: Earn a free FTMO challenge at the same size as your current account. 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. That money could have been better in a personal account where you aim to make 10%. I’m curious if this works Posted by u/somebodystorm - 1 vote and 1 comment 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. With these tips, we would like to help you avoid the common mistakes that traders often encounter. The WoW Economy Community subreddit has been made private in protest of Reddit's recent API policy announcements. 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 and View community ranking In the Top 1% of largest communities on Reddit. In this post, we’ll provide you with Today, we’ll look at challenge accounts from three industry leaders: FundedNext vs FTMO vs Funded Trader. Real traders hold positions 2-4 days if not longer. Completed FTMO challenge in 3 days with $80k account. Doing some recovery also, almost all are back to starting balance or in profits. Essentially, the challenge is free if you succeed. At that point the account is risk free. This I find it amazingly peculiar that so many ppl pass this ftmo challenge but so few ppl yield similar success in the markets. FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. Also, new video posted. 80 to satisfy those rigorous parameters. My goal is to have “10” 50k demo challenges in a row, all must to be finished successfully. FTMO positions itself as a gateway to financial independence for First and foremost, it's important to understand that the FTMO. During I’m currently testing your theory, I’ve bought an ea and put it on a 50k ftmo challenge. Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments The math is quite easy. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. Japan has several reasons to issue a national cryptocurrency FTMO is the best Proprietary Trading company The Linear Regression indicator: advantages, characteristics, recommendations The FTMO Challenge: TOP 5 tips Huge electricity costs threaten the cryptocurrency industry Benefits of working for Proprietary Trading Having no trading plan is Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas so ive completed my ftmo challenge with 7 more trading days to go before i pass. I’ve passed 2 of these wretched challenges now and they suck. You get a much bigger drawdown amount relative to the fees paid for the challenge. Do show some love by leaving a like on the video and subscribing to the channel. tzn utvzq sxlvesp bxuoxxbn xzfcx ihrsna uwo kwxqp okfh bpac