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FTMO - For serious traders

  • #541
  • Aug 6, 2019 7:31am Aug 6, 2019 7:31am
Quoting wilson
I just passed the Challenge and am now awaiting for the real account to be setup. Will update here again in 30 days time after the account is ready and see if I get the profit cut and the deposit back, should I maintain the same discipline of course.
Hi wilson,

Do you mean you have passed the challenge and the verification? I thoiught there were 2 stages to complete successfully to get a funded account? Anyway, congratulations!

maahome
  • #542
  • Aug 6, 2019 7:56am Aug 6, 2019 7:56am
Yes maahome,

I've passed both the Verification and Challenge stages within 30 trading days and now waiting for FTMO to fund the real account.

cheers.
  • #543
  • Aug 6, 2019 12:42pm Aug 6, 2019 12:42pm
i passed challenge and verification
  • #544
  • Aug 6, 2019 6:51pm Aug 6, 2019 6:51pm
Quoting wilson
Yes maahome, I've passed both the Verification and Challenge stages within 30 trading days and now waiting for FTMO to fund the real account. cheers.
are you trading with their capital now ??
I am completely a lazy Trader & Pennies Rebate Hunter
  • #545
  • Aug 7, 2019 4:23am Aug 7, 2019 4:23am
Quoting anthon25
{quote} are you trading with their capital now ??
Have just received their email with the real account information just now and have started trading with it now. Fyi, as they have put it upfront on their website what I am trading now although is still another demo account but the trades are mirrored to a real account of the same amount. The profit will be split as stated after 30 days. Fingers crossed
  • #546
  • Aug 7, 2019 12:30pm Aug 7, 2019 12:30pm
Quoting wilson
{quote} Have just received their email with the real account information just now and have started trading with it now. Fyi, as they have put it upfront on their website what I am trading now although is still another demo account but the trades are mirrored to a real account of the same amount. The profit will be split as stated after 30 days. Fingers crossed
Congrat

I'll follow you than....
ASAP
I am completely a lazy Trader & Pennies Rebate Hunter
  • #547
  • Aug 9, 2019 3:29pm Aug 9, 2019 3:29pm
I'm in the second week of the challenge phase.

I thought of sharing my progress:

https://www.mql5.com/en/signals/618203
  • #548
  • Aug 10, 2019 5:19am Aug 10, 2019 5:19am
many suspicious members posting here LOL
  • #549
  • Aug 10, 2019 7:49am Aug 10, 2019 7:49am
Quoting wilson
{quote} Have just received their email with the real account information just now and have started trading with it now. Fyi, as they have put it upfront on their website what I am trading now although is still another demo account but the trades are mirrored to a real account of the same amount. The profit will be split as stated after 30 days. Fingers crossed
Hi Wilson!

How long did it take from completing the challenge to the funding advice?
  • #550
  • Aug 10, 2019 7:53am Aug 10, 2019 7:53am
Hi Otakar,
Since the trades are copied from the special demo account, what assurance does the funded trader have that he's not being copied to a larger account than the account size he's trading?
  • #551
  • Aug 10, 2019 11:45am Aug 10, 2019 11:45am
Quoting peterbabs
Hi Otakar, Since the trades are copied from the special demo account, what assurance does the funded trader have that he's not being copied to a larger account than the account size he's trading?
Well, that posibility will always exist and they will not acknowledge if that is happening.
But we all are free people and you can decline to take part and keep speculating with your own money.

Have in mind that if you lose they do it too
  • #552
  • Aug 10, 2019 1:51pm Aug 10, 2019 1:51pm
Quoting GrosDesco
many suspicious members posting here LOL
I Thought so. i have still doubt to take action.
if he still gave demo acc after completing challenge. how do we know is it copied or not
I am completely a lazy Trader & Pennies Rebate Hunter
  • #553
  • Aug 11, 2019 1:08am Aug 11, 2019 1:08am
Quoting Casiopea
{quote} Well, that posibility will always exist and they will not acknowledge if that is happening. But we all are free people and you can decline to take part and keep speculating with your own money. Have in mind that if you lose they do it too
Not necessarily. They will only copy your good trades. Any trade that looks to go bad they can simply switch the copy off. No loss for them. Only for you.
Investment Trading
  • #554
  • Aug 11, 2019 5:38am Aug 11, 2019 5:38am
Quoting anthon25
{quote} I Thought so. i have still doubt to take action. if he still gave demo acc after completing challenge. how do we know is it copied or not
"If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck."

how do you know?
do you get paid as if it is real?

Quoting Doubla
{quote} Not necessarily. They will only copy your good trades. Any trade that looks to go bad they can simply switch the copy off. No loss for them. Only for you.
i am sorry but this is outright silly statement.
IF someone (or a firm) could pick with certainty between good and bad trade, then wouldnt need other traders.
IF you trade a funded account ( not your personal) what is exactly the loss is to you ( you are referring to)?
technically speaking, once qualify, and trade the firm's money ( OPM) your risk is limited to losing the opportunity itself. there is no direct monetary loss involved, isnt that the whole point of getting funded? well defined ( literally zero) downside, with a (literally) open upside potential!

Quoting GrosDesco
many suspicious members posting here LOL
LOL, and you being one?
there is always, always another trade!!
  • #555
  • Aug 11, 2019 10:40am Aug 11, 2019 10:40am
Question that comes naturaly in my minde is: If anybody trade these firm money!?
  • #556
  • Aug 12, 2019 5:06am Aug 12, 2019 5:06am
Quoting profitfarmer
{quote} "If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck." how do you know? do you get paid as if it is real? {quote} i am sorry but this is outright silly statement. IF someone (or a firm) could pick with certainty between good and bad trade, then wouldnt need other traders. IF you trade a funded account ( not your personal) what is exactly the loss is to you ( you are referring to)? technically speaking, once qualify, and trade the firm's money ( OPM) your risk is limited to losing the opportunity...

how do you know? do you get paid as if it is real? {quote}
This one is became Big reason for me to quit and better not take action at all

Thanks for your brilliabt thought
I am completely a lazy Trader & Pennies Rebate Hunter
  • #557
  • Aug 12, 2019 5:21am Aug 12, 2019 5:21am
Quoting anthon25
{quote} how do you know? do you get paid as if it is real? {quote} This one is became Big reason for me to quit and better not take action at all Thanks for your brilliabt thought
i believe there were posters earlier who posted proofs of payments.

i personally trade with other prop firms,
and have been paid regularly.

your main worry should be meeting the goals to qualify.
there is always, always another trade!!
  • #558
  • Edited Aug 15, 2019 1:00pm Aug 14, 2019 1:14pm | Edited Aug 15, 2019 1:00pm
Passed all trading requirements in 2 days... took a few tries to get here. Risk management and discipline sure is the key. Will probably try to fulfill the last requirement (min 10 days) trading 0.01 and closing right when in profit lol. Overall strategy for this was to risk about 500$ a trade. Will update once verification phase starts in another week. Thank you FTMO for this opportunity!
Attached Image
  • #559
  • Aug 15, 2019 5:30am Aug 15, 2019 5:30am
Congrats to all recent Challenge passers.

Came pretty close in my last try. but thought it best to just give it another go (for free, thankfully) sometime soon.

Hope to eventually join you guys one fine day!
Amor Fati--F. Nietzsche
  • #560
  • Aug 15, 2019 12:01pm Aug 15, 2019 12:01pm
I am curious of this ftmo program, so i dicided to take par even cross in my mind a doubt.
so i will risk $175 for the challenge today.
i will update my transaction on my tread as soon
I am completely a lazy Trader & Pennies Rebate Hunter
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