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$1M FUNDING TRADERS

  • #41
  • Jan 16, 2020 8:59am Jan 16, 2020 8:59am
Price action, breakout strategy on h4 using trend lines and with help of Support and resistance
trade between zones....
  • #42
  • Jan 16, 2020 10:51am Jan 16, 2020 10:51am
Quoting cool366
I know how to trade i just asking if you can guide me how to avoid stop loss or loss limit.......................
Quoting cool366
Price action, breakout strategy on h4 using trend lines and with help of Support and resistance trade between zones....

Great! If it works, you should trade on a small volume and place SL below/above those "trend lines and support/resistance".

You have 6 - 8 months to generate 6% profit only for passing the Evaluation of the Low risk program.


Good luck!
Millions USD funded account. Discount 10% of the Evaluation fee
  • #43
  • Jan 16, 2020 11:14am Jan 16, 2020 11:14am
yes i was thinking about holding a position (like position trader) for months not week or not a day, so how you suggest if open a position with 0.5% or 0.8% risk and with small lots like 0.02 or 0.05.....
  • #44
  • Jan 16, 2020 5:55pm Jan 16, 2020 5:55pm
Are you a funded trader or trading the evaluation?
How much is your account equity deposit?
Millions USD funded account. Discount 10% of the Evaluation fee
  • #45
  • Jan 17, 2020 12:54am Jan 17, 2020 12:54am
24k funded account from the5ers.........in evaluation phase market is very sideway this week so i have not traded this week will start from next week....
  • #46
  • Jan 17, 2020 3:20am Jan 17, 2020 3:20am
Quoting cool366
yes i was thinking about holding a position (like position trader) for months not week or not a day, so how you suggest if open a position with 0.5% or 0.8% risk and with small lots like 0.02 or 0.05.....
Whatever you trade, you have Max. Exposure 0.3 lot and stop loss value for each position: -1.5% including hedge positions.
So please take care of this.
Millions USD funded account. Discount 10% of the Evaluation fee
  • #47
  • Jan 19, 2020 10:38pm Jan 19, 2020 10:38pm
Quoting mcquak
Guys ang gals, couple of details: FTMO has legal form of 'club/association' in Czechia so neither form of Corporate nor LLC. Just like e. g. the gardeners club FTMO's main and only registered purpose/business is providing 'Training members of the association and the wider public on Forex and CFD trading to manage other corporates funds' as per the national register (see attached or on URL both in Czech though) FTMO doest not hold licence for providing trading capital or for any other sort of such business activities and is regulated by neither Czech...

Hi mcquak (https://www.forexfactory.com/mcquak),

Great search for FTMO. Can you review The5ers?

Thanks so much for your effort!
Millions USD funded account. Discount 10% of the Evaluation fee
  • #48
  • Edited 1:41pm Jan 20, 2020 1:24pm | Edited 1:41pm
Quoting FF.Trader
{quote} Hi mcquak (https://www.forexfactory.com/mcquak), Great search for FTMO. Can you review The5ers? Thanks so much for your effort!
Here you go, took me couple of minutes on google.

"Engage in any legal operation". Pretty unrestrictive, right? EU is much more tied up when it comes to business concerning advisory/finance/investing.
Perhaps it relates to: http://www.israel.org/mfa/mfa-archive/1994/pages/basic%20law-%20freedom%20of%20occupation-.aspx
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  • #49
  • Jan 20, 2020 7:02pm Jan 20, 2020 7:02pm
Quoting mcquak
{quote} Here you go, took me couple of minutes on google. "Engage in any legal operation". Pretty unrestrictive, right? EU is much more tied up when it comes to business concerning advisory/finance/investing. Perhaps it relates to: http://www.israel.org/mfa/mfa-archive/1994/pages/basic%20law-%20freedom%20of%20occupation-.aspx {image} {image}

Thank you very much for your information.

Therefore, it has a license to provide trading capital and other types of funded trading business activities?
Millions USD funded account. Discount 10% of the Evaluation fee
  • #50
  • Jan 20, 2020 9:17pm Jan 20, 2020 9:17pm
Quoting mcquak
{quote} Here you go, took me couple of minutes on google. "Engage in any legal operation". Pretty unrestrictive, right? EU is much more tied up when it comes to business concerning advisory/finance/investing. Perhaps it relates to: http://www.israel.org/mfa/mfa-archive/1994/pages/basic%20law-%20freedom%20of%20occupation-.aspx {image} {image}

does this means they have enough legal docus to do such kind of activity????
  • #51
  • Jan 21, 2020 11:11pm Jan 21, 2020 11:11pm
Quoting cool366
24k funded account from the5ers.........in evaluation phase market is very sideway this week so i have not traded this week will start from next week....

Hi cool366,

How does your trading going on?
Millions USD funded account. Discount 10% of the Evaluation fee
  • #52
  • Jan 22, 2020 12:54am Jan 22, 2020 12:54am
gud i just took 1 trade yesterday and close in 14$ profit,,lol......bcz this week too many news so i am just waiting for long entry and a day without high impact news.....
  • #53
  • Jan 22, 2020 2:39am Jan 22, 2020 2:39am
Quoting FF.Trader
Hi cool366, How does your trading going on?


Quoting waqas3666
gud i just took 1 trade yesterday and close in 14$ profit,,lol......bcz this week too many news so i am just waiting for long entry and a day without high impact news.....

LOL... waqas3666 (https://www.forexfactory.com/showthread.php?p=12714544#post12714544), are you cool366 (https://www.forexfactory.com/showthread.php?p=12707560#post12707560)?
Millions USD funded account. Discount 10% of the Evaluation fee
  • #54
  • Jan 22, 2020 11:58am Jan 22, 2020 11:58am
yup
  • #55
  • Jan 26, 2020 3:34am Jan 26, 2020 3:34am
Hello,
are the restrictions (1.5% Risk per trade, 4% max DD,...) valid for all the time?
For example if you trade one million (after a long time), itīs the same?
So if you make one mistake when trading on million, then you re out of the game and have the right to qualify again (and start with little test account)?
I guess yes, but I havenīt read it anywhere.

Another question:
In the beginning you have to achieve a profit target of 6% in max. 6 months.
Is it the same when you trade 1 million?
  • #56
  • Jan 26, 2020 7:54pm Jan 26, 2020 7:54pm
Hi ricki72,

Quoting ricki72
Hello, are the restrictions (1.5% Risk per trade, 4% max DD,...) valid for all the time? For example if you trade one million (after a long time), itīs the same? So if you make one mistake when trading on million, then you re out of the game and have the right to qualify again (and start with little test account)? I guess yes, but I havenīt read it anywhere.

Beyond that point, growth is upon individual terms negotiation.


Quoting ricki72
Another question: In the beginning you have to achieve a profit target of 6% in max. 6 months. Is it the same when you trade 1 million?
There is no limit profit target and timing when you trade 1 million account.
Millions USD funded account. Discount 10% of the Evaluation fee
  • #57
  • Jan 26, 2020 11:28pm Jan 26, 2020 11:28pm
Hy FF trader any gud setup or trade for this week>>>>???
  • #58
  • Jan 27, 2020 12:48am Jan 27, 2020 12:48am
Quoting waqas3666
Hy FF trader any gud setup or trade for this week>>>>???
CADCHF Sell at 0.7387 - SL: 0.7410
Target 1: 0.7364
Target 2: 0.7341
Target 3: 0.7318
Target 4: Open

Happy trading.
Millions USD funded account. Discount 10% of the Evaluation fee
  • #59
  • Edited 4:27am Jan 27, 2020 4:13am | Edited 4:27am
but there is a problem in the5ers broker candle opening 6 minutes late then other brokers like best one icmarkets right on the time but the5ers is late....


one image with time 1200 is icmarkets
the other image with 1205 is the5ers

i have discussed with them this is happening since market open today .....
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  • #60
  • Jan 27, 2020 6:22am Jan 27, 2020 6:22am
Thank you for your answers

[quote=FF.Trader;12722309]Hi ricki72, {quote} Beyond that point, growth is upon individual terms negotiation.

Ok so the restrictions don t count anymore.
Can the individual terms negociations force me to pay for a part of the losses if there are some?
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