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FTMO - For serious traders

  • #1,881
  • Jun 10, 2020 11:41am Jun 10, 2020 11:41am
Quoting Mtinifx
{quote} Are you sure? Where does it say that in the rules?
it's in one of the videos, although they don't like it its a way of getting the trading days in
  • #1,882
  • Edited 1:10pm Jun 10, 2020 12:44pm | Edited 1:10pm
Quoting Mtinifx
{quote} Are you sure? Where does it say that in the rules?

To meet this objective, you must trade for at least 10 days during the testing period. At least one position must be opened in each of these days.

https://ftmo.com/en/welcome/#minimum-trading-days
  • #1,883
  • Jun 10, 2020 2:21pm Jun 10, 2020 2:21pm
Quoting Mtinifx
{quote} Are you sure? Where does it say that in the rules?
hope this helps:

Inserted Video
  • #1,884
  • Jun 10, 2020 3:24pm Jun 10, 2020 3:24pm
Is the XAUUSD still a mini contract on FTMO Lmax broker?
  • #1,885
  • Jun 10, 2020 5:16pm Jun 10, 2020 5:16pm
Quoting leweg1
{quote} it's in one of the videos, although they don't like it its a way of getting the trading days in
Gotta get them trades in lol
  • #1,886
  • Jun 10, 2020 6:09pm Jun 10, 2020 6:09pm
Finally cleared 3rd account.
Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test.
Attached Image (click to enlarge)
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  • #1,887
  • Jun 10, 2020 8:34pm Jun 10, 2020 8:34pm
Quoting Swing4Fence
Finally cleared 3rd account. Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test. {image}
Yes the time factor is to put the trader under a pressure cooker environment.

Mistakes are usually made under these conditions however, you have shone through brightly.

Great effort.

Masterrmind .........
Master your Mind then Master your Trades
  • #1,888
  • Jun 11, 2020 12:50am Jun 11, 2020 12:50am
Quoting Swing4Fence
Finally cleared 3rd account. Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test. {image}
Absolutely well done swing! That is such an accomplishment doing 3 at the same time.

Quoting akamrp
{quote} Gotta get them trades in lol
Yes mate. Just 0.01 hold for few secs whilst you get some ticks then close all sorted
  • #1,889
  • Jun 11, 2020 2:53am Jun 11, 2020 2:53am
Quoting Swing4Fence
Finally cleared 3rd account. Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test. {image}
damn ..impressive work ! wish all the best for the verification !
more time and lower target ;-)
May the Sheen be with you....
  • #1,890
  • Jun 11, 2020 2:58am Jun 11, 2020 2:58am
Quoting Swing4Fence
Finally cleared 3rd account. Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test. {image}
Congrats!! Absolutely brilliant! Well done mate. Ive decided not to start the challenge on 1 of my accounts yet because its been really tough trading the 2 Challenges I have already in play. Im currently +1% on both (trading different strategies) so want to grow them to around 5% before I start my 3rd Challenge.

Once again, well done...its great to see someone show the art of the possible!
  • #1,891
  • Jun 11, 2020 5:30am Jun 11, 2020 5:30am
Quoting Swing4Fence
Finally cleared 3rd account. Having a time-based goal is tough, but I can definitely appreciate why FTMO does it. It truly slims the herd. It certainly put my patience to the test. {image}

Nice, well done, you done 3 in one go. Did you do them all with the same strategies?
  • #1,892
  • Jun 11, 2020 6:45am Jun 11, 2020 6:45am
Thanks everyone for all the answers to my question

Yes I do see the answer my don't understand the logic except maybe to get traders to use all the available time available instead of trying to go for broke and attempting to achieve the target in a day or two and run the risk (like I did!) of blowing your chances by exceeding the loss limit.

Well done to the guys who have passed their challenge/s - a real incentive to those of us who are still on the fence!
  • #1,893
  • Jun 11, 2020 8:23am Jun 11, 2020 8:23am
Thanks all, such a great community here.

Quoting Zuke
{quote} Congrats!! Absolutely brilliant!...its great to see someone show the art of the possible!
Exactly why I share. There are much better traders out there. So, I believe if I can do it, many have a chance.

Quoting akamrp
{quote} Nice, well done, you done 3 in one go. Did you do them all with the same strategies?
I’m a longer term trader by nature, and needed to condense down into intra-day style to fit into required time window (which was part of the struggle). But yes, similar methodologies.

————————

Key learning if I were to do it all over again:

- trade each account individually, and not all at once
- as FTMO starts the clock on 1st trade. I was ambitious and placed a trade in all accounts day 1, which naturally created pressure right out the gate. For me, would have been better to trade 1, pass, then move onto next.

All in all, the analytics provided in account metrix, I learned more than anticipated about my own trading behaviors.
  • #1,894
  • Jun 11, 2020 8:54am Jun 11, 2020 8:54am
Quoting Swing4Fence
Thanks all, such a great community here. {quote} Exactly why I share. There are much better traders out there. So, I believe if I can do it, many have a chance. {quote} I知 a longer term trader by nature, and needed to condense down into intra-day style to fit into required time window (which was part of the struggle). But yes, similar methodologies. 覧覧覧覧 Key learning if I were to do it all over again: - trade each account individually, and not all at once - as FTMO starts the clock on 1st trade. I was ambitious and placed a trade in all accounts...

Out of curiosity, why did you not just trade them all with the same strategy? I know you said they were similar, but would of been less troublesome to do the same trade for all.

If i pass this first one, I was thinking to do my next 2 at the same time and use the same strategy on both
  • #1,895
  • Jun 11, 2020 9:16am Jun 11, 2020 9:16am
I think if I had more then one challenge I would think about using a trade copier EA although of course one would have to trade with solid discipline!
  • #1,896
  • Jun 11, 2020 3:58pm Jun 11, 2020 3:58pm
Quoting akamrp
{quote} Out of curiosity, why did you not just trade them all with the same strategy? I know you said they were similar, but would of been less troublesome to do the same trade for all. If i pass this first one, I was thinking to do my next 2 at the same time and use the same strategy on both
Completely concur mate. Looking back, trading all 3 exactly the same would have been much better, especially on the psyche.
  • #1,897
  • Jun 12, 2020 10:16am Jun 12, 2020 10:16am
If I opened a trade on a saturday, a bitcoin trade, that should still count as a trading day right?
  • #1,898
  • Jun 12, 2020 3:32pm Jun 12, 2020 3:32pm
Quoting Tomas-ftmo
{quote} Hi Djxput, You are welcome, at this time, we are in late stages of cTrader support infrastructure development and testing for our FTMO Platform and we would like to roll it out within a next few months. MT5 implementation is being prepared in parallel to that and we are hoping to offer MT5 within a couple weeks. Note this is our internal target and in reality, it might be different if we encounter any unforeseen issues. {quote} Tomas - FTMO
Hi Thomas Great to hear about mt5 and ctrader - to be honest ctrader interests me a bit more. Looks to be a better platform, more time frames and even some tick charts. Im actually getting a hang of using mt4 but I miss my m2 m3 chart options.
  • #1,899
  • Edited 5:21pm Jun 12, 2020 5:05pm | Edited 5:21pm
Quoting djxput
{quote} Hi Thomas Great to hear about mt5 and ctrader - to be honest ctrader interests me a bit more. Looks to be a better platform, more time frames and even some tick charts. Im actually getting a hang of using mt4 but I miss my m2 m3 chart options.
MT5 has many time frames including the M2 and M3 you mentioned missing no need for Ctrader to get those. MT5 is much better then most people even realize just need to take some time to explore around the platform. I also love the fact that the platform almost gets updated weekly with latest features and bug fixes. Mt4 hasn't been updated since January.
  • #1,900
  • Jun 12, 2020 7:45pm Jun 12, 2020 7:45pm
Hey guys im freaking out a little. I finally got funded and the servers seemed to have issues all night. I couldn't open or close any trades and i was scalping and had bigger lots. The feed wouldn't update and i went 100$ over the drawdown and they kicked me from the account. i searched previously and found this was an issue before with the datafeed and will definitely be changing brokers. They sent an email out but im worried they will still kick me. Has anyone had any issues? live support told me i won't be kicked but i have terrible anxiety and always think the worst. Luckily i screen recorded it and asked for a reset but was told since it was live it was a special case. i hope FTMO does whats best in this situation as i previously saw that they just deleted the trade historys for the days the server had issues.
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