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  • #2,321
  • Jul 14, 2020 1:11am Jul 14, 2020 1:11am
Quoting doji
That must have been tough, leweg1. Passing the much-harder Evaluation phase but not making the Verification. If it's any consolation, the guy in that last video went thru the same thing (and he had SIX failed attempts before finally getting funded). Just a thought. Doesn't having your account linked to the TE add another layer of pressure when trading, especially when you're still in the Challenge?
it was tough but Honestly having the TE up didn't and any pressure at all.

Quoting Masterrmind
{quote} It is a shame considering the fact that you apply excellent risk to each trade. Just an extended rough patch as Swing4Fence has pointed out. Certainly appreciate you showing a TE. I believe you are very very close to nailing it. Yes there are a few competitors out there some that charge a monthly or longer term subscription to trade on a large account. Due diligence required. Good trading, Masterrmind ........
thanks mate, i have been looking at the numbers from FTMO and others i have to weigh up the drawdown percent offered and compare to the potential account balance and in all fairness i still think FTMO wins at this

Quoting snail69
{quote} Patience, persistence, spiced with passion. You will get it. Just a question of time.
thanks mate, time is always against us
  • #2,322
  • Jul 14, 2020 2:12am Jul 14, 2020 2:12am
I think in overall challenges are not much difficult because requeriments are not high but I don't see clear how trade a funded account without to can keep trades in weekends. It's only thing really worry me in my case
Attached Image (click to enlarge)
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Try don't lose pants never...
  • #2,323
  • Jul 14, 2020 3:44am Jul 14, 2020 3:44am
Quoting braintheboss
I think in overall challenges are not much difficult because requeriments are not high but I don't see clear how trade a funded account without to can keep trades in weekends. It's only thing really worry me in my case {image}
Basically, it forces a trader to close out of all trades by end of week which has many issues with trading strategies any longer than a few days to a week.

To overcome this you need to adopt an effective day trading strategy.

The firm has no choice but to offer this condition because weekend gapping events can be nasty as you know.

One workaround is to offer larger funded accounts at very low leverage but this in my opinion would be very unlikely due to their business model.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,324
  • Edited 4:13am Jul 14, 2020 3:56am | Edited 4:13am
Quoting Masterrmind
{quote} Basically, it forces a trader to close out of all trades by end of week which has many issues with trading strategies any longer than a few days to a week. To overcome this you need to adopt an effective day trading strategy. The firm has no choice but to offer this condition because weekend gapping events can be nasty as you know. One workaround is to offer larger funded accounts at very low leverage but this in my opinion would be very unlikely due to their business model. Masterrmind ..........
I agree but Friday i had -900 in opened trades ( 5 ). Same trades were closed in profit this week or there are still opened in profit. I understand why they don't want keep trades but at the end the risk is open wrong trades, not keep trades itself.

Anyway as you told is a rule you have accept for work with them then everybody have find way to deal with it. But in my case I'm not sure I will be able to do it. It's not my trading style and I use assistant for trade doing things more complex
Try don't lose pants never...
  • #2,325
  • Jul 14, 2020 6:24am Jul 14, 2020 6:24am
Quoting leweg1
{quote} it was tough but Honestly having the TE up didn't and any pressure at all. {quote} thanks mate, i have been looking at the numbers from FTMO and others i have to weigh up the drawdown percent offered and compare to the potential account balance and in all fairness i still think FTMO wins at this {quote} thanks mate, time is always against us
Bro, why attempt a two stage torture again right now when your confidence is low? My advice would be to do a micro. The targets are very low and easily achievable. Then go for something bigger, hopefully with the profits you're making from your micro.

That's what I decided to do anyway. Good luck whichever way you go.
  • #2,326
  • Jul 14, 2020 7:26am Jul 14, 2020 7:26am
Quoting Mtinifx
{quote} Bro, why attempt a two stage torture again right now when your confidence is low? My advice would be to do a micro. The targets are very low and easily achievable. Then go for something bigger, hopefully with the profits you're making from your micro. That's what I decided to do anyway. Good luck whichever way you go.
quite the opposite my confidence isn't affected, i knew the risk's i had kissed that £500 sign up fee good bye as soon as i signed up.

i actually think im going to take back what i said yesterday i believe im going to one of their competitors where as i have 6 months to hit the target, none of this rushing around for 10% in 20 trading days, im quite conservative anyways i like slow and steady so i believe this option would actually suit me better.
  • #2,327
  • Jul 14, 2020 8:52am Jul 14, 2020 8:52am
Quoting Swing4Fence
{quote} I placed multiple BitCoin trades on their LMAX platform Saturday. Attached image. {image}
very useful info to pass the days. I dont know that Cryptos can be traded on weekends.
Determination + Persistence = Success
  • #2,328
  • Jul 14, 2020 12:00pm Jul 14, 2020 12:00pm
Quoting leweg1
i believe im going to one of their competitors where as i have 6 months to hit the target, none of this rushing around for 10% in 20 trading days, im quite conservative anyways i like slow and steady so i believe this option would actually suit me better.
this makes a lot of sense. I fully support your decision.
  • #2,329
  • Jul 14, 2020 12:39pm Jul 14, 2020 12:39pm
Quoting leweg1
{quote} quite the opposite my confidence isn't affected, i knew the risk's i had kissed that £500 sign up fee good bye as soon as i signed up. i actually think im going to take back what i said yesterday i believe im going to one of their competitors where as i have 6 months to hit the target, none of this rushing around for 10% in 20 trading days, im quite conservative anyways i like slow and steady so i believe this option would actually suit me better.

"You'll take the high road and I'll take the low road,
And I'll be in Scotland afore yee!"
  • #2,330
  • Jul 14, 2020 12:48pm Jul 14, 2020 12:48pm
Quoting Mtinifx
{quote} "You'll take the high road and I'll take the low road, And I'll be in Scotland afore yee!"
Furthest i've been is Newcastle any farther i'll get lost
  • #2,331
  • Jul 14, 2020 3:09pm Jul 14, 2020 3:09pm
Quoting braintheboss
I think in overall challenges are not much difficult because requeriments are not high but I don't see clear how trade a funded account without to can keep trades in weekends. It's only thing really worry me in my case {image}
Like 1st congrats for your passed challange allredy, like 2nd bro adjust your rutine plan you have 5 trading days connected adjust your plan to these... even if you dont know the way you trade i think offer from FTMO is good grab as much as you can
  • #2,332
  • Jul 14, 2020 3:33pm Jul 14, 2020 3:33pm
Quoting mizi123
{quote} Like 1st congrats for your passed challange allredy, like 2nd bro adjust your rutine plan you have 5 trading days connected adjust your plan to these... even if you dont know the way you trade i think offer from FTMO is good grab as much as you can
Thank you Anyway it's only a demo challenge.

I'm trying adapt trading to their rules before start verification because at this moment if I try trade with weekend limitation I will suffer many weeks like I explained before. Normally my trades happens in consolidation areas and that means sometimes are opened so early. And when you know open timing was wrong then end of week is there and loss maybe is high

My trades always need some breath time before go right. It's the price for not have take some decisions about trading
Try don't lose pants never...
  • #2,333
  • Jul 15, 2020 3:25am Jul 15, 2020 3:25am
Better luck next time..
did it all wrong.
Attached Image (click to enlarge)
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on a postive roll...
  • #2,334
  • Jul 15, 2020 3:39am Jul 15, 2020 3:39am
Quoting Rmg
Better luck next time.. did it all wrong. {image}
Ahh! Thats a shame mate. But as you know, its always a learning exercise, so hopefully you got something out of it that you can apply next time.
  • #2,335
  • Jul 15, 2020 3:52am Jul 15, 2020 3:52am
Quoting Zuke
{quote} Ahh! Thats a shame mate. But as you know, its always a learning exercise, so hopefully you got something out of it that you can apply next time.
I second that, Rmg.

And though it wasn't your desired result, thanks for sharing, nevertheless.
Amor Fati--F. Nietzsche
  • #2,336
  • Jul 15, 2020 4:33am Jul 15, 2020 4:33am
Quoting Rmg
Better luck next time.. did it all wrong. {image}
Certainly wish you the best for next time.

Top marks for sharing.

Masterrmind ..........
Master your Mind then Master your Trades
  • #2,337
  • Jul 15, 2020 10:48am Jul 15, 2020 10:48am
Quoting Rmg
If you ever traded actually, even demo trades... Will show you results for 10% per month is doable or not. Some are in denial, oh this is gambling. Learn to trade first before making laughable statements. For those who don't know what they are doing, this is definitely gambling.
Talking is easier than doing, good luck next time
Be happy, friendly, humble and winner!!
  • #2,338
  • Jul 15, 2020 11:12am Jul 15, 2020 11:12am
Quoting Ak386
{quote} Talking is easier than doing, good luck next time
Actually it's easier, way too easy for me.
Why I failed is another story.
on a postive roll...
  • #2,339
  • Jul 15, 2020 1:06pm Jul 15, 2020 1:06pm
Quoting Rmg
{quote} Actually it's easier, way too easy for me. Why I failed is another story.

It happens to all of us, we often are not consistent with the words, sometimes I hit my head, This business is not easy
Attached Image
Be happy, friendly, humble and winner!!
  • #2,340
  • Jul 15, 2020 4:53pm Jul 15, 2020 4:53pm
Quoting Rmg
Better luck next time.. did it all wrong. {image}
Challenge & Verification were beyond tough, mentally systematically and emotionally (at least for me). It will make the reward & feeling of accomplishment all the better when you reach the finish line. We’ll all be here ready to celebrate you. It sounds like you were very close. You’ll get there.
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