Disliked{quote} FTMO is getting much competition with new prop firms using same model but better conditions. FTMO needs to come up with ways to keep inflow of new traders. I like when businesses use win-win solutions. For some reason FTMO is using win-lose solutions. Let me give you two examples. 1. max. daily loss at 5% - I like this rule BUT why use this as a reason to terminate Challenge/Verification and keep the fee? Would it be so hard from the technical point to setup a rule in MT4 Manager where after account is down 5% in a day the trading will be...Ignored
Successful trading isn’t based on easy rules. It’s based on patience and discipline.
Many who are flocking to other firms offerings, thinking they will be successful have yet to be successful on their own. No matter who they go with, they will not be successful.
FTMO’s rules are pretty liberal imo, and extremely easy to understand. If people are having a tough time with them, then chances are they will fail any other prop firm.
Too many are day dreaming about how much money they can make, not realizing they have yet to scratch a consistent profit on their own.
Trade with confidence, trade without fear.
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