Trade only Eurusd@ M5,
TP =20pips (200points),
Trade after 4GMT
Only One trade per day
SL = Maximum loss / Minimum trading days * Positive days = 200$
(20pips for 1Lot)
Trade direction based on breakout of GMT0 to GMT2 range, Entry on retracement
I will repeat my post on the FTMO thread almost 2 weeks ago.
I don't think you are the only one keen to be a funded trader. I'm sure their are several others here on FF.
When you think about it logically, 345 euros is a very small amount to pay for the returns possible if you are a trader with the ability to pass the tests.
Just think. Where can you buy a business for 345 Euro's.? And if you are serious you must regard trading as a business. Trading for a living is not a game.
So. Assuming there are several serious traders seeking to become funded traders I believe it is time we all got together & helped each other with this achievement.
My take on FTMO's offer is:
The Free trial is harder to pass than the challenge. why.? You have 30 days (22 trading days) to pass the challenge & only 10 trading days to pass the free trial. Therefore it stands to reason you need to be able to pass the free trial before you should contemplate paying to enter the challenge.
In fact I think you should do the free trial twice to ensure you are capable of passing & learn how to achieve the profit target without exceeding the allowable daily DD.
As I stated before. This is a business. Not a game. You should not be trying to become a funded trader overnight. It Takes time, Patience & Discipline. If you take 3 months to get the job done. So be it. The rewards will be worth it.
My advice.
Take the free trial twice.
Make sure your trades SLs do not exceed more than 50% of the daily allowable DD at any given time.
Take your time. You don't need to hit the profit target in 2 days. FTMO is looking for steady traders, not reckless traders.
I have suggestion... Trade only Eurusd@ M5, TP =20pips (200points), Trade after 4GMT Only One trade per day SL = Maximum loss / Minimum trading days * Positive days = 200$ (20pips for 1Lot) Trade direction based on breakout of GMT0 to GMT2 range, Entry on retracement Please Contribute your suggessions....
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Also strictly consider, before entry, daily range should be above 20pips
My advice. Take the free trial twice.
Make sure your trades SLs do not exceed more than 50% of the daily allowable DD at any given time.
Take your time. You don't need to hit the profit target in 2 days. FTMO is looking for steady traders, not reckless traders.
To qualify takes patience, patience, patience. And that equals lotsa Discipline.
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I totally agree, I have been trading for a long time and discipline is the key. Everyone speaks about discipline, but only few people are. Here is my challenge.
{quote} I totally agree, I have been trading for a long time and discipline is the key. Everyone speaks about discipline, but only few people are. Here is my challenge. HT. {image}
there are two rounds of testing - challenge and verification, but the verification is much easier. I have completed the challenge and now I am in the verification.
I just wanted to let you know that I have passed even the second round and I have received the contract, which I need to sign to receive the FTMO account. The communication is very solid from their side.
I just wanted to let you know that I have passed even the second round and I have received the contract, which I need to sign to receive the FTMO account. The communication is very solid from their side. {image} HT
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i want to try it.
can you share the system that you used to pass it?
I have a thread here on FF, but I am not really active as I want to be. I am busy trading and analysing. I trade realy simple market statistics. I follow FuturesTrader71 so I would recommend him as a mentor. I think that the key to pass the challenge is being discipline in following their rules, which are reasonable. For example, I normally trade bigger size, but for the challenge I lowered my trade position. What I want to say is that you must adjust your trading system in order to pass the challenge.
Hello Pedro, I have a thread here on FF, but I am not really active as I want to be. I am busy trading and analysing. I trade realy simple market statistics. I follow FuturesTrader71 so I would recommend him as a mentor. I think that the key to pass the challenge is being discipline in following their rules, which are reasonable. For example, I normally trade bigger size, but for the challenge I lowered my trade position. What I want to say is that you must adjust your trading system in order to pass the challenge. HT
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Hi there Heinz!
Can we get in contact somehow? I have some questions about FTMO. I would be more than thankful.
Hello Pedro, I have a thread here on FF, but I am not really active as I want to be. I am busy trading and analysing. I trade realy simple market statistics. I follow FuturesTrader71 so I would recommend him as a mentor. I think that the key to pass the challenge is being discipline in following their rules, which are reasonable. For example, I normally trade bigger size, but for the challenge I lowered my trade position. What I want to say is that you must adjust your trading system in order to pass the challenge. HT
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I would actually just want to know if you got founded and if you recieved your profits already... FTMO.com seems like a really nice company with a great plan, but I didn't found any proof that they are actually legit..
{quote} I would actually just want to know if you got founded and if you recieved your profits already... FTMO.com seems like a really nice company with a great plan, but I didn't found any proof that they are actually legit..
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Hi Alfakan,
just send me a private message I will tell you my experience, but if you read their website, there is not really much I can tell you. No surprises at all during the proces. You will receive your profits + the fee you paid for the initial stage after you trade a month in the ftmo account.
{quote} Hi Alfakan, just send me a private message I will tell you my experience, but if you read their website, there is not really much I can tell you. No surprises at all during the proces. You will receive your profits + the fee you paid for the initial stage after you trade a month in the ftmo account. HT
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Hi,
Since I'm pretty new to FF forums I am unable to send anyone private message. Can you please contact me on { email address deleted by staff }
I would be more than grateful
Kind regards
{quote} Hi Alfakan, just send me a private message I will tell you my experience, but if you read their website, there is not really much I can tell you. No surprises at all during the proces. You will receive your profits + the fee you paid for the initial stage after you trade a month in the ftmo account. HT
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Hi HeinzTrader,
How is trading going? Anything new about FTMO? Could you please drop me a direct message?
Are you now totally funded by FTMO? how was it going? I am looking forward to your reply please? FTMO is legit 100%? Can you send me a private message.
