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FTMO - For serious traders

  • #1,841
  • Jun 6, 2020 8:42am Jun 6, 2020 8:42am
Quoting Mtinifx
{quote} Of course I'm not sure if the trial account conditions accurately reflect the challenge account conditions! And of course when you get to the real money account, the 100k account leverage/margin/loss parameters is a definite advantage over the 50k option The one thing I do find ridiculous is that they charge €540 for the 50k "aggressive" option - so one might as well pay exactly the same amount and get the 100k account which is exactly what you did! I have definitely decided to join you but €540 is way over my budget...

It does. There is no difference between trial account trades and challenge.
  • #1,842
  • Jun 6, 2020 3:00pm Jun 6, 2020 3:00pm
Quoting Masterrmind
Ninja Trader 8 to MT4 Bridge. After some searching around it appears this is not possible based on the Ninja Trader 8 DLL interface functions. I suggest contacting support just in case a bridge does exist although I doubt it. In any case there might be another solution out there. Masterrmind ........
Mastermind, I appreciate your effort into looking into whether or not a bridge between The NinjaTrader platform and MT4 would be possible, Thank You. If I did choose Topstep or FTMO it would merely be a stepping stone into possibly joining a certain firm I have my eye on in NYC. It's not easy to get into this firm unless you have a proven record.

Also, I'm glad to see that I'm not the only one knowing the benefits of building a chart using Pitchforks. Your charts are remarkable with nice market structure. Thanks Again, 2020DowJones.
  • #1,843
  • Jun 6, 2020 9:52pm Jun 6, 2020 9:52pm
Quoting 2020DowJones
{quote} Mastermind, I appreciate your effort into looking into whether or not a bridge between The NinjaTrader platform and MT4 would be possible, Thank You. If I did choose Topstep or FTMO it would merely be a stepping stone into possibly joining a certain firm I have my eye on in NYC. It's not easy to get into this firm unless you have a proven record. Also, I'm glad to see that I'm not the only one knowing the benefits of building a chart using Pitchforks. Your charts are remarkable with nice market structure. Thanks Again, 2020DowJones.
Agreed. Mastermind is a legendary trader.
  • #1,844
  • Jun 7, 2020 4:54am Jun 7, 2020 4:54am
I'm wondering: do prop firms allow their funded traders to join other prop firms? Is there a stipulation in FTMO's contract, for example, that once funded, trader John can't join 5%ers (and vice versa)?

And is using a signal service (as mentioned a few posts back) not considered a breach of the rules, since in effect, someone else is trading on your behalf?

Or is it a case of "don't ask, don't tell" under those circumstances?
Amor Fati--F. Nietzsche
  • #1,845
  • Jun 7, 2020 5:23am Jun 7, 2020 5:23am
I earned 20 000%. Do you want me to help make money from forex?
https://www.myfxbook.com/members/Tru...YKnYqg3DlZMTUg
  • #1,846
  • Jun 7, 2020 6:43am Jun 7, 2020 6:43am
Quoting trung407923
I earned 20 000%. Do you want me to help make money from forex? https://www.myfxbook.com/members/Tru...YKnYqg3DlZMTUg

Oh boy, here we go!
  • #1,847
  • Jun 7, 2020 7:09am Jun 7, 2020 7:09am
the MODs here aren't doing enough...
  • #1,848
  • Jun 7, 2020 8:37am Jun 7, 2020 8:37am
Why not 2000000000%
on a postive roll...
  • #1,849
  • Jun 7, 2020 2:16pm Jun 7, 2020 2:16pm
Inspired by Swing4Fence, I too signed up for three 100k challenges last Thursday. Only traded 1 so far and +1.5% on that one...Ill post updates as I go along.
  • #1,850
  • Jun 7, 2020 2:24pm Jun 7, 2020 2:24pm
Quoting Zuke
Inspired by Swing4Fence, I too signed up for three 100k challenges last Thursday. Only traded 1 so far and +1.5% on that one...Ill post updates as I go along.
Good luck Zuke,

you still have 20 some days to trade, plenty enough time left. find a perfect entry and a good RR, you won't need too many trades to hit 10%.
Whatever is happening right now has happened before and will happen again.
  • #1,851
  • Jun 7, 2020 2:35pm Jun 7, 2020 2:35pm
Quoting Zuke
Inspired by Swing4Fence, I too signed up for three 100k challenges last Thursday. Only traded 1 so far and +1.5% on that one...Ill post updates as I go along.
Best of luck Zuke! It’s not easy, but the potential rewards are worth it. In fact, this has probably been one of the toughest endeavors in trading for me. Trading has always been a marathon, so turning it into a 50 yard dash (20 days) has tested my patience.

mnmnmmnnmnmn is right on. Just a small sample of good RR trades, and you’ve got this. My problem, is ensuring I don’t throw good money at bad trades. Need to keep reminding myself that. Love the positivity here, as we can all really help one another make it through - and achieve long term term trading careers.
  • #1,852
  • Jun 7, 2020 2:51pm Jun 7, 2020 2:51pm
Thanks guys...I appreciate it. Here's where I am with the one Challenge account Ive traded so far:
Attached File(s)
File Type: pdf Challenge 2.pdf   153 KB | 430 downloads
  • #1,853
  • Jun 7, 2020 3:13pm Jun 7, 2020 3:13pm
Quoting Zuke
Thanks guys...I appreciate it. Here's where I am with the one Challenge account Ive traded so far: {image}
All the best with the 3 challenges.

You've got this !

Good trading,

Masterrmind.........
Master your Mind then Master your Trades
  • #1,854
  • Jun 7, 2020 3:32pm Jun 7, 2020 3:32pm
Quoting Masterrmind
{quote} All the best with the 3 challenges. You've got this ! Good trading, Masterrmind.........
Thanks mate!
  • #1,855
  • Jun 7, 2020 9:24pm Jun 7, 2020 9:24pm
Quoting Rmg
{quote} Levels you are taking trades where algos hunting both sides, what is your profit targets? 1% risk per trade is too high for this strategy I guess.
I use 1.2-1.5 SL ans my TP is at 1-4 pips at the most sometives even 5-6 pipsbut not very often.,,,,
Insanityoing same ting over expecting different results..Einstein
  • #1,856
  • Jun 7, 2020 11:07pm Jun 7, 2020 11:07pm
Quoting Zuke
Thanks guys...I appreciate it. Here's where I am with the one Challenge account Ive traded so far: {image}
And here I'm struggling to find the money for one challenge. I think I was in the wrong business!

Anyway good luck - you're on the road to riches!
  • #1,857
  • Jun 8, 2020 2:01am Jun 8, 2020 2:01am
Quoting Mtinifx
{quote} And here I'm struggling to find the money for one challenge. I think I was in the wrong business! Anyway good luck - you're on the road to riches!
You are not alone Mtinifx,same here
on a postive roll...
  • #1,858
  • Jun 8, 2020 3:56am Jun 8, 2020 3:56am
Easy.
Is the challenge account leverage and margins same as the trial account ?
Attached Image (click to enlarge)
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  • #1,859
  • Jun 8, 2020 8:17am Jun 8, 2020 8:17am
Hi guys,

Can I get some help with this please.

Attached Image (click to enlarge)
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I have uploaded a trade from today, I would of thought I would have more profit from my trades?

123.373 - 123.158 = 0.215 which is 21.5 pips? and 5 lots would make this a profit of 1075? Am I calculating this wrong?
  • #1,860
  • Jun 8, 2020 8:33am Jun 8, 2020 8:33am
you made me curious here about trying the challenge for myself :-)
what should i say challenge passed and just hit the verification target as well
that was the small 10k account ...need to wait for 5 days till i hit the minimum trading day target now ;-)
now lets see how it all looks after the first profit split in about a month or so and then i will go for the 80K Euro challenge
good luck to everybody who is trying it as well ! be winning guys ;-)
Attached Image(s) (click to enlarge)
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May the Sheen be with you....
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