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FTMO.com - Funding for serious traders

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  • Post #321
  • Quote
  • Aug 31, 2018 8:48am Aug 31, 2018 8:48am
  •  meborn2win
  • | Joined Aug 2018 | Status: Member | 42 Posts
Fair enough deal. Like to take challenge.
  • Post #322
  • Quote
  • Aug 31, 2018 10:31am Aug 31, 2018 10:31am
  •  dnabrasil
  • Joined Jun 2010 | Status: 18 pips per day ---> 100% per month | 485 Posts
Finally i've took the challenge, and then the verification..
Just reached all the objectives.
Wow, it was a very good Experience!
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  • Post #323
  • Quote
  • Aug 31, 2018 10:50am Aug 31, 2018 10:50am
  •  meborn2win
  • | Joined Aug 2018 | Status: Member | 42 Posts
Quoting dnabrasil
Disliked
Finally i've took the challenge, and then the verification.. Just reached all the objectives. Wow, it was a very good Experience! {image}
Ignored
Best Wishes! Keep it up!
  • Post #324
  • Quote
  • Aug 31, 2018 11:28am Aug 31, 2018 11:28am
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,399 Posts
Quoting dnabrasil
Disliked
Finally i've took the challenge, and then the verification.. Just reached all the objectives. Wow, it was a very good Experience! {image}
Ignored
Well... now are you an FTMO trader? Trading company money?
Be like water go with the flow
  • Post #325
  • Quote
  • Aug 31, 2018 11:35am Aug 31, 2018 11:35am
  •  dnabrasil
  • Joined Jun 2010 | Status: 18 pips per day ---> 100% per month | 485 Posts
not now,
I completed the verification process in 3 days,
I think I have to trade for other 7 days before.
  • Post #326
  • Quote
  • Sep 3, 2018 4:41am Sep 3, 2018 4:41am
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
Quoting dnabrasil
Disliked
not now, I completed the verification process in 3 days, I think I have to trade for other 7 days before.
Ignored
Hello dnabrasil,
yes, you need to pass all Trading Objectives. We wish you good luck .

[FUNDAMENTAL ANALYSIS] The fundamental view for the week starting September 3rd. What will move the markets?
Read here: NAFTA – Yes or No?

Otakar
FTMO.com / Funding for serious trader
  • Post #327
  • Quote
  • Sep 3, 2018 4:01pm Sep 3, 2018 4:01pm
  •  dnabrasil
  • Joined Jun 2010 | Status: 18 pips per day ---> 100% per month | 485 Posts
Quoting TraderOtakar
Disliked
{quote} Hello dnabrasil, yes, you need to pass all Trading Objectives. We wish you good luck . [FUNDAMENTAL ANALYSIS] The fundamental view for the week starting September 3rd. What will move the markets? Read here: NAFTA – Yes or No? Otakar FTMO.com / Funding for serious trader
Ignored
see you soon!
  • Post #328
  • Quote
  • Sep 9, 2018 10:53am Sep 9, 2018 10:53am
  •  TradeAS
  • | Joined Aug 2018 | Status: Member | 1 Post
I finished the challenge and the verification, now I'm a funded trader. At the very beginning, I didn't know if I would earn real money with these guys. After trading one month as funded trader, last week they send me my profit. Now I regret that I didn't begin working earlier with ftmo... If you need capital for trading, you have the best chance with ftmo. Don't waist your time with doubt on this project. They gave me the chance achieving my dream, the financial freedom! Now I'm so motivated working on with these guys, expecting more from myself and my profits in future.
If you want to be convinced about that, just follow me on Instagram: trade.as
2
  • Post #329
  • Quote
  • Sep 10, 2018 7:26am Sep 10, 2018 7:26am
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
Quoting TradeAS
Disliked
I finished the challenge and the verification, now I'm a funded trader. At the very beginning, I didn't know if I would earn real money with these guys. After trading one month as funded trader, last week they send me my profit. Now I regret that I didn't begin working earlier with ftmo... If you need capital for trading, you have the best chance with ftmo. Don't waist your time with doubt on this project. They gave me the chance achieving my dream, the financial freedom! Now I'm so motivated working on with these guys, expecting more from myself...
Ignored
Thank you for your kind words.

[FUNDAMENTAL ANALYSIS] The fundamental view for the week starting September 10th. What will move the markets?
Read here: Global escalation of trade wars

Otakar
FTMO.com / Funding for serious trader
  • Post #330
  • Quote
  • Sep 11, 2018 3:10am Sep 11, 2018 3:10am
  •  dnabrasil
  • Joined Jun 2010 | Status: 18 pips per day ---> 100% per month | 485 Posts
Verification completed!

Now waiting to be contacted to start trading with the funded account

I'm very excited!
1
  • Post #331
  • Quote
  • Sep 16, 2018 1:52am Sep 16, 2018 1:52am
  •  kashyap1981
  • | Joined Apr 2010 | Status: Junior Member | 2 Posts
For all those who have doubts about the project, I have a suggestion.
Try out the lowest slot Challenge of USD 10000. It will cost you Euro 155. On trying it out, following two scenarios could emerge:
Worst Scenario: If during your Challenge/Verification or even after passing the Challenge and Verification, the project goes bust or you are declined funding due to some reasons, your maximum loss is limited to Euro 155. However, a valuable takeaway will be the money management principle that you need to follow during the Challenge/Verification. Besides chasing a profit target, you also need to contain your daily loss and maximum loss on initial capital. Believe me; these parameters will take your trading to a next level.
Best Scenario: You clear the Challenge/Verification and you get funded. So, by risking Euro 155 you get a shot at trading USD 10000 fund with 70% profit share. Isn’t it a fantastic Risk-Reward proposition??? As mentioned on the website, the vision of the ftmo project is to ‘create an international fund based on retail traders’. If it materializes, the project will be a life changing opportunity for retail traders who have skills but are not in a position to deploy their own funds for trading.
My experience wih ftmo: Currently I am undergoing the Challenge phase for the second time. In my first attempt I cleared the Challenge but could not clear the Verification phase (due to overconfidence and breaking my own rules of determining lot size). Before starting, I wanted some clarifications about the rules. All my queries were instantly resolved through online chat on their website. Moreover, during the Challenge phase, I twice encountered some technical glitches, which too were restored by them without affecting my performance.
Why to pay price for trying the challenge: I believe, making an aspiring trader pay a token amount for taking a challenge, inculcates an element of sincerity towards the cause. Besides, it has been stated that it will be refunded at the time of first profit payout.
1
  • Post #332
  • Quote
  • Sep 17, 2018 6:25am Sep 17, 2018 6:25am
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
[FUNDAMENTAL ANALYSIS] The fundamental view for the week starting September 17th. What will move the markets?

Read here: No-deal Brexit?

Otakar
FTMO.com / Funding for serious trader
  • Post #333
  • Quote
  • Sep 17, 2018 12:06pm Sep 17, 2018 12:06pm
  •  HighLow
  • | Commercial Member | Joined Apr 2011 | 2 Posts
Hi, Im a german Trader an I finished the challenge and the verification on July. Now I`m a funded Trader. FMTO send me my proft from the last month last week.
Yes ist true. FMTO send the Money raely.
Best regards
HighLow
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  • Post #334
  • Quote
  • Sep 19, 2018 9:00am Sep 19, 2018 9:00am
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
[STATS] How is your September? Do you know what to expect historically on this month? Do you like statistics? This article might be for you.

Read here: September, What to expect? EURUSD Analysis

Otakar
FTMO.com / Funding for serious trader
  • Post #335
  • Quote
  • Sep 24, 2018 4:27am Sep 24, 2018 4:27am
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
[FUNDAMENTAL ANALYSIS] The fundamental view for the week starting September 24th. What will move the markets?

Read here: British Pound on the crossroad

Otakar
FTMO.com / Funding for serious trader
  • Post #336
  • Quote
  • Sep 25, 2018 12:16pm Sep 25, 2018 12:16pm
  •  TraderOtakar
  • | Commercial Member | Joined Aug 2017 | 224 Posts
[ SUCCESSFUL TRADER ] Cards are on the table as we even give you the account login credentials to check his results trade by trade...

Read here: Conquering the Challenge 80 000 EUR – DAX trading 1-minute-chart


Otakar
FTMO.com / Funding for serious trader
  • Post #337
  • Quote
  • Sep 27, 2018 4:27am Sep 27, 2018 4:27am
  •  Eldero
  • | Joined Nov 2016 | Status: Member | 288 Posts
I have two questions
Supposing a person wins the challenge of 10000 with the fee of 155
Everything goes right and the trader will be funded
Now, he/she start trading with 10000
After a month he/she increase the capital to 12000 Euro but in one day he/she lost 600 Euro ( the max daily loss is 500 ). what happens?
He/she receive the 70% of 2000 Euro?

If the trader has a negative result for a month or more, he/she can continue trading until there are money on the account or he/she will be stopped?
  • Post #338
  • Quote
  • Sep 27, 2018 4:28am Sep 27, 2018 4:28am
  •  Tabron
  • | Joined Aug 2018 | Status: Junior Member | 3 Posts
You have a 10% drawdown limit. So, I'm guessing if u hit you will lose your position.
  • Post #339
  • Quote
  • Sep 27, 2018 9:40am Sep 27, 2018 9:40am
  •  Eldero
  • | Joined Nov 2016 | Status: Member | 288 Posts
Quoting Tabron
Disliked
You have a 10% drawdown limit. So, I'm guessing if u hit you will lose your position.
Ignored
If you are out as soon as you get the 10,1% of drawdown, in my personal opinion, the project is not for giving the possibility to the good traders to demonstrate their value, but to get the fee for the challenge. Everybody knows the most of the traders are loosers and consequentially the most of the fees will be banked. The others that will win the challenge will be funded but will be stopped at the first drawdown higher than 10%. In this way the capital is protected and will quickly return in the hand of FTMO in case of drawdown. Indeed, if there will be a monster trader who will only have winner trades, they will be happy to pay the 70% keeping the 30% for them. But at this point, I think that a trader who have the skill to be positive every month and respecting the drawdown of 10%, does really need to be funded?
Things would be different if once the trader is funded, he/she will have the possibility to trade until the capital allows trades
  • Post #340
  • Quote
  • Sep 27, 2018 12:04pm Sep 27, 2018 12:04pm
  •  maflip
  • Joined Mar 2013 | Status: The truth hurts :) | 6,399 Posts
Quoting Eldero
Disliked
{quote} If you are out as soon as you get the 10,1% of drawdown, in my personal opinion, the project is not for giving the possibility to the good traders to demonstrate their value, but to get the fee for the challenge. Everybody knows the most of the traders are loosers and consequentially the most of the fees will be banked. The others that will win the challenge will be funded but will be stopped at the first drawdown higher than 10%. In this way the capital is protected and will quickly return in the hand of FTMO in case of drawdown. Indeed,...
Ignored
Well, it's a business, getting a fee for the challenge is one way of them to make money. I think nothing is wrong with that as long as the ones who completes the challenge actually gets funded. As for the 10% draw down seems understandable if someone is trading your money wouldn't you want someone trading it with good money management?

So at this time in my opinion what really matters to me is to those who actually passed the test if they did get funded or not. Or is there a waiting list before you get funded after passing. If for example there is a waiting line and you are at the 10,000 waiting line hah hah forget it.

Quoting dnabrasil
Disliked
Verification completed! Now waiting to be contacted to start trading with the funded account I'm very excited!
Ignored
@ Dnabrasil How is it bro, did you get funded? If you get funded I'm thinking of doing the challenge as well.
Be like water go with the flow
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