SKLearn?
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$1,000,000.00 and Beyond ft. FTMO 29 replies
AkaMRP FTMO Journey 45 replies
FTMO Challenge.... How to beat....? 28 replies
FTMO Challenge; Could Survived? 41 replies
FTMO Challenge & Max Drawdown Issue 5 replies
Disliked{quote} Does your video capture the 60 pip spread? Average spread on FTMO LMax feed for EURCAD is about 2 pips. 60 pips would be totally insane. If the video footage happens to show the Bid/Ask lines and I see a 60 pip spread, I would be very concerned. Masterrmind ........Ignored
Disliked{quote} I absolutely did. In fact, I even have the ranges of it moving between 40-61 pips. And I took screen shots. I did this cause I figured FTMO's default would be most people don't know wtf they are talking about, cause they don't, lol. But sometimes you still need to listen, not just think people are trying to find an excuse to get a free retry. Thats why I never even bothered emailing them. But I wasn't going to let it slide a second time so I recorded it for evidence. Today was normal, again I took video and screenshots. It ranged between...Ignored
DislikedThe truth is, your capital is only what you can lose. So they are funding you with 10k and not 100k. You cannot use the 90k when reaching 10k in losses. It's game over for you. It also means that the challenge is to make a 100% profit in 30 days *. And 50% more in the verification step. Nominal capital: 100,000 True capital: 10,000 Target profit within 30 days *: 10,000 (100% of your true capital) Maximum daily loss: 5,000 (50% of your true capital) Maximum total loss: 10,000 (100% of your true capital) * In fact you will actually have 21-22 days,...Ignored
Disliked{quote} Could with a leverage of 1000: 1 Your real capital is only what you can lose. This trick is similar to the deposit bonus offers that some brokers offer.Ignored
Disliked{quote} yes but when sl hit if it is 50 pips = -2500 2.5% of 100k 25% of 10KIgnored
Disliked{quote} When you reach 10k drawdown on a 10k account, what happens? Here a 100% loss is game over. When you reach 10k drawdown on a 100k FTMO account what happens? Here a 10% loss is game over (or 5% in 1 day). The other 90k is an illusion. Could offer: 10k with 1000: 1 leverage and maximum loss of 100% (10k). 100k with leverage of 100: 1 and maximum loss of 10% (10k). 1 million with 10: 1 leverage and maximum loss of 1% (10k) Your purchasing power and loss limit would be the same.Ignored
Disliked{quote} When you reach 10k drawdown on a 10k account, what happens? Here a 100% loss is game over. When you reach 10k drawdown on a 100k FTMO account what happens? Here a 10% loss is game over (or 5% in 1 day). The other 90k is an illusion. Could offer: 10k with 1000: 1 leverage and maximum loss of 100% (10k). 100k with leverage of 100: 1 and maximum loss of 10% (10k). 1 million with 10: 1 leverage and maximum loss of 1% (10k) Your purchasing power and loss limit would be the same.Ignored
Disliked{quote} hi folks: I couldn't help but make a comment. First off.. your risk is the amount of fees you pay, period. Some of us take longer than others to get funded. But lets say the average "cost" for the ftmo challenge is roughtly $1900 (3 attempts and you failed on the fourth and you are done) . So in actually the loss you experience is not $10K but $1900. Lets also say the FTMO is a scam!!! LOL... Then its a question of getting some $$$$ before they close tent and go away, right? Its the same logic when scalping... get the dang pips and run!!...Ignored