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$1,000,000.00 and Beyond ft. FTMO 29 replies

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FTMO - For serious traders

  • #2,181
  • Jul 6, 2020 3:20pm Jul 6, 2020 3:20pm
Hi Ak386,
Thanks for the suggestion, our system does disconnect from the accounts once their set time limit is reached.
As you also wrote another post asking about the 10 days etc. I will clarify to time restriction conditions for the Challenge.
Once we receive the payment for the Challenge, we send you login credentials. We have no time limit to start the Challenge after purchase. Mizi’s answer that you have 48 hours to start trading is not correct. It would be automatically deactivated after 40 days, but we could reactivate it upon request again. The Challenge is activated by the first executed trade and you have 30 days from that day to complete the Trading Objectives.
The Minimum Trading Days is one of these objectives and states that you have to open a position on at least 10 days. Pl https://ftmo.com/en/welcome/#minimum-trading-days

Tomas FTMO Thank you, excellent answer, this forum is for that, to be able to ask the FTMO.
I hope that some who respond rudely understand this message or remain silent.
Be happy, friendly, humble and winner!!
  • #2,182
  • Jul 6, 2020 5:16pm Jul 6, 2020 5:16pm
Quoting newegg
whiles I believe FTMO has a skin in the game (as obvious from my previous comment), I highly doubt they are running their business with $100,00,000. Nowhere close, I can bet on that. They don't need to set up $100,000 account for each trader trading that account size when their exposure is limited to 10% of that. I'm very sure this is obviously part of the reason successful applicants still manage a demo account. 10 traders managing $100k account requires a maximum exposure of $100k on the part of FTMO not $1m. And that is even assuming they all...

Just a thought, traders could lose more than 10k? The 10k is the limit at which point you would fail the target and lose the account, But don't you have to go over this to actually lose it? so potentially someone could lose more than 10k. Unless there is something where all your trades close as soon as you get over 10k
  • #2,183
  • Jul 6, 2020 5:19pm Jul 6, 2020 5:19pm
Quoting SKLearn
{quote} I am not quite clear on that question, but try to give my response... per FTMO the violation is hard stop on the account. does not matter how much it has in it, once violated the rules, the account has gone. the rule is, one trader (or trading strategy) can have a maximum capital allocation of $300K prior to scaling up of the account. I opted to have one 200k and one 100k with a backup 100k.

One trading strategy can have up to 300k? what I have 2 different trading strategy could I get 600k?
  • #2,184
  • Jul 6, 2020 5:27pm Jul 6, 2020 5:27pm
Quoting akamrp
{quote} One trading strategy can have up to 300k? what I have 2 different trading strategy could I get 600k?
https://ftmo.com/en/faq/what-capital...e-ftmo-trader/

Per trader is my understanding. You could scale up with performance. My understanding of FAQ, is Trader and Strategy are one of the same. However, with increased capital you could apply more strategies. Seems FTMO main concern is people copying each other’s trades thus multiplying overall company risk. Makes sense.
  • #2,185
  • Jul 6, 2020 6:14pm Jul 6, 2020 6:14pm
Quoting Swing4Fence
{quote} https://ftmo.com/en/faq/what-capital...e-ftmo-trader/ Per trader is my understanding. You could scale up with performance. My understanding of FAQ, is Trader and Strategy are one of the same. However, with increased capital you could apply more strategies. Seems FTMO main concern is people copying each other’s trades thus multiplying overall company risk. Makes sense.

Ok, yea that makes sense
  • #2,186
  • Jul 6, 2020 7:53pm Jul 6, 2020 7:53pm
Quoting Ak386
Hi Ak386, Thanks for the suggestion, our system does disconnect from the accounts once their set time limit is reached. As you also wrote another post asking about the 10 days etc. I will clarify to time restriction conditions for the Challenge. Once we receive the payment for the Challenge, we send you login credentials. We have no time limit to start the Challenge after purchase. Mizi’s answer that you have 48 hours to start trading is not correct. It would be automatically deactivated after 40 days, but we could reactivate it upon request again....
As I recall, you were asking very basic questions that would have been answered in the FAQ's to be found on the FTMO website or could have been best clarified --and fast--by chatting with Support. To ask at a forum, you run the risk of being fed inaccurate info such as that given by Mizi (despite his good intentions, of course).
Amor Fati--F. Nietzsche
  • #2,187
  • Jul 6, 2020 8:28pm Jul 6, 2020 8:28pm
Quoting doji
{quote} As I recall, you were asking very basic questions that would have been answered in the FAQ's to be found on the FTMO website or could have been best clarified --and fast--by chatting with Support. To ask at a forum, you run the risk of being fed inaccurate info such as that given by Mizi (despite his good intentions, of course).
MIZI is a kind person, he did it with the best intentions, I speak of 1 or 2 who are not friendly, but everything is perfect
Be happy, friendly, humble and winner!!
  • #2,188
  • Jul 6, 2020 9:09pm Jul 6, 2020 9:09pm
Liked this new video by Simon. Hope you do, too!

Inserted Video
Amor Fati--F. Nietzsche
  • #2,189
  • Jul 6, 2020 11:11pm Jul 6, 2020 11:11pm
In the video several are camikaze
Attached Image (click to enlarge)
Click to Enlarge Name: Kamikazi.png Size: 725 KB
Be happy, friendly, humble and winner!!
  • #2,190
  • Jul 7, 2020 1:30am Jul 7, 2020 1:30am
Looks like the LMAX spread in EURUSD this morning is wider than the days before .....
  • #2,191
  • Jul 7, 2020 9:14am Jul 7, 2020 9:14am
Quoting Schorsch
Looks like the LMAX spread in EURUSD this morning is wider than the days before .....
Low vol, less-liquid, uneventful market at the moment. Looks like U.S. traders still on vacation playing with fireworks.
  • #2,192
  • Jul 7, 2020 9:24am Jul 7, 2020 9:24am
Less liquid so used higher volume.

Little test run with task completed in about 41 minutes.
Attached Image (click to enlarge)
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Beginners luck.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,193
  • Jul 7, 2020 9:31am Jul 7, 2020 9:31am
Quoting Masterrmind
Less liquid so used higher volume. Little test run with task completed in about 41 minutes. {image} Beginners luck. Masterrmind ..........
Beginners luck. I don't think sou congrats!
  • #2,194
  • Jul 7, 2020 9:34am Jul 7, 2020 9:34am
Quoting mizi123
{quote} Beginners luck. I don't think sou congrats!
Just a bit of fun.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,195
  • Jul 7, 2020 9:39am Jul 7, 2020 9:39am
Pass my verification part just now. Bit of a bumpy road on the way due to making a few errors, I could of actually passed this within 4 days if I have actually just stuck to my plan. But anyways, I have passed it now and am happy about it being done. One less thing to worry about for now lol

Attached Image (click to enlarge)
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  • #2,196
  • Jul 7, 2020 9:41am Jul 7, 2020 9:41am
Quoting Masterrmind
Less liquid so used higher volume. Little test run with task completed in about 41 minutes. {image} Beginners luck. Masterrmind ..........
Confirmed. You will have zero issues getting through this. Nice trading mate!
  • #2,197
  • Jul 7, 2020 9:49am Jul 7, 2020 9:49am
Quoting akamrp
Pass my verification part just now. Bit of a bumpy road on the way due to making a few errors, I could of actually passed this within 4 days if I have actually just stuck to my plan. But anyways, I have passed it now and am happy about it being done. One less thing to worry about for now lol {image}
Well done that's great recovery.

As long as you pass ... that's all that matters.

Once you start the funded account trade it such that you always keep it.

Good trading,

Masterrmind .........
Master your Mind then Master your Trades
  • #2,198
  • Jul 7, 2020 9:57am Jul 7, 2020 9:57am
Quoting Swing4Fence
{quote} Confirmed. You will have zero issues getting through this. Nice trading mate!
Thankyou.

Still pondering on how best to handle the 3 accounts.

One at a time or all together.

Haha.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,199
  • Jul 7, 2020 9:58am Jul 7, 2020 9:58am
Quoting Masterrmind
{quote} Well done that's great recovery. As long as you pass ... that's all that matters. Once you start the funded account trade it such that you always keep it. Good trading, Masterrmind .........
Thanks, I just stuck to my plan after I got back to breakeven, closed everything and start again as if I had just got, then passed it within these 2 days lol
  • #2,200
  • Jul 7, 2020 10:03am Jul 7, 2020 10:03am
Quoting akamrp
{quote} Thanks, I just stuck to my plan after I got back to breakeven, closed everything and start again as if I had just got, then passed it within these 2 days lol
Yes that final move in your balance curve is where you shone brightly.

Masterrmind .........
Master your Mind then Master your Trades
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