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FTMO - For serious traders

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  • Post #2,881
  • Quote
  • Aug 21, 2020 8:42am Aug 21, 2020 8:42am
  •  viptrading
  • Joined Sep 2018 | Status: Member | 456 Posts
Quoting maahome
Disliked
{quote} Congrats, long way to go for the refund my friend. Next is do the minimum days, then complete the challenge successfully, then trade for a month and make a profit and then get your refund Cheers and good luck maahome
Ignored
Right. That is true they only give it back included in first payout.

Next thing for me is to do the 100k challenge. Honestly 10k is not enough to trade full time where I live lol...
 
 
  • Post #2,882
  • Quote
  • Aug 21, 2020 9:01am Aug 21, 2020 9:01am
  •  Swing4Fence
  • Joined Apr 2020 | Status: Member | 84 Posts
Quoting slappymove
Disliked
Good plan! That means even tho you have 300k active funded account, you can have like 5 x 100k account (passed challenge and verification) waiting? So when your existing 300k account go bust, you can simply request for your 3 x 100k pending passed accounts to be activated? Is my understanding correct?
Ignored
Exactly correct.
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  • Post #2,883
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  • Aug 21, 2020 9:03am Aug 21, 2020 9:03am
  •  Zuke
  • | Joined Mar 2006 | Status: Member | 290 Posts
Quoting viptrading
Disliked
Hey funded traders, I guess I can join the club now? {image} Took me like 12 hours of straight trading (which I will never do once funded since its to mentally draining) But I reached the profit target for the verification in less than 24 hours. Now all I have to do is open 0.01 lot trades for 8 more days and I should get my refund.
Ignored
Fantastic! Great effort mate!
 
1
  • Post #2,884
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  • Aug 21, 2020 11:53am Aug 21, 2020 11:53am
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
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  • Post #2,885
  • Quote
  • Aug 21, 2020 2:02pm Aug 21, 2020 2:02pm
  •  braintheboss
  • Joined Nov 2012 | Status: Coder | 8,518 Posts
Quoting leweg1
Disliked
{image}
Ignored
Cool
Try don't lose pants never...
 
 
  • Post #2,886
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  • Aug 21, 2020 2:18pm Aug 21, 2020 2:18pm
  •  Takisd
  • Joined Dec 2005 | Status: Com Member = Scammer | 2,575 Posts
Quoting leweg1
Disliked
{image}
Ignored
works out well for me as I am trading mostly oil and dow for FTMO challenge. I'd be curious to see how bad the slippage is though if they are truly DMA and the LP's are companies like lmax who have low top of book liquidity.
 
 
  • Post #2,887
  • Quote
  • Aug 21, 2020 3:57pm Aug 21, 2020 3:57pm
  •  paxilein
  • | Joined Feb 2020 | Status: Member | 84 Posts
Yay!

First challenge failed... Looks like my strategy doesn't work well during summer-trading... Will try again after market gets back to normal... Before summer it was really great, but then everybody went on vacation and I started a challenge...

Cheers
Pax
It's never too late to make a bad trade!
 
 
  • Post #2,888
  • Quote
  • Aug 21, 2020 6:53pm Aug 21, 2020 6:53pm
  •  Swing4Fence
  • Joined Apr 2020 | Status: Member | 84 Posts
Quoting paxilein
Disliked
Yay! First challenge failed... Looks like my strategy doesn't work well during summer-trading... Will try again after market gets back to normal... Before summer it was really great, but then everybody went on vacation and I started a challenge... Cheers Pax
Ignored
Sorry to hear Pax, I was hoping you’d make it through.

Quick observation, take with a grain of salt (as any day is a good day for a different system, it’s just your system’s winter month)

- possibly add rule to halt trading after a certain sequence of losing trades

- your risk control looks solid, however it was the multi-intraday losers that sunk it (looks like 2 days). Taking out those two days, and it appears much better, as your winners appear to go in 3+ streaks or flat
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  • Post #2,889
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  • Aug 21, 2020 6:56pm Aug 21, 2020 6:56pm
  •  paxilein
  • | Joined Feb 2020 | Status: Member | 84 Posts
Quoting Swing4Fence
Disliked
{quote} Sorry to hear Pax, I was hoping you’d make it through. Quick observation, take with a grain of salt (as any day is a good day for a different system, it’s just your system’s winter month) - possibly add rule to halt trading after a certain sequence of losing trades - your risk control looks solid, however it was the multi-intraday losers that sunk it (looks like 2 days). Taking out those two days, and it appears much better {image} {image}
Ignored
Yep, I know that I shouldn't add stop-trades before I leave the house to attend a Meetup... Only one of those should've triggered, but I missed to close the rest after the first pair opened... I learned from that mistake... Only trade when in front of the computer or maybe I should get an EA that closes all other pending orders when the first pair triggers

Will do a free trial to cover the time until September and then start another Challenge
It's never too late to make a bad trade!
 
 
  • Post #2,890
  • Quote
  • Aug 21, 2020 8:56pm Aug 21, 2020 8:56pm
  •  Swing4Fence
  • Joined Apr 2020 | Status: Member | 84 Posts
Quoting paxilein
Disliked
{quote} Yep, I know that I shouldn't add stop-trades before I leave the house to attend a Meetup... Only one of those should've triggered, but I missed to close the rest after the first pair opened... I learned from that mistake... Only trade when in front of the computer or maybe I should get an EA that closes all other pending orders when the first pair triggers Will do a free trial to cover the time until September and then start another Challenge
Ignored
Oh that makes sense. Yes seemed like a definite outlier day. That same thing has happened to me, so much that I’ve lost count over the years. Sounds like you’re spot on with your idea.
 
 
  • Post #2,891
  • Quote
  • Aug 22, 2020 5:55am Aug 22, 2020 5:55am
  •  braintheboss
  • Joined Nov 2012 | Status: Coder | 8,518 Posts
Look traders life are going shorter due stress
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Try don't lose pants never...
 
1
  • Post #2,892
  • Quote
  • Aug 22, 2020 7:47am Aug 22, 2020 7:47am
  •  dexi
  • | Commercial Member | Joined Apr 2017 | 20 Posts
Hi,

great the update.

Does the Commission update apply to the other account currencies EUR, GBP, CZK?
 
 
  • Post #2,893
  • Quote
  • Aug 22, 2020 2:16pm Aug 22, 2020 2:16pm
  •  viptrading
  • Joined Sep 2018 | Status: Member | 456 Posts
So, I feel kind of dumb. But, I just realized that ftmo offers crypto trading on the weekend?

Does this mean that even during the challenge we can trade 7 days per week?

If so, this makes it a lot easier to achieve the profit target, and for those who hit the target before 10 days they can meet the minimum days faster since trading is literally 24/7.
 
 
  • Post #2,894
  • Quote
  • Aug 22, 2020 2:35pm Aug 22, 2020 2:35pm
  •  ia1979
  • Joined Jun 2018 | Status: Member | 789 Posts
Quoting viptrading
Disliked
So, I feel kind of dumb. But, I just realized that ftmo offers crypto trading on the weekend? Does this mean that even during the challenge we can trade 7 days per week? If so, this makes it a lot easier to achieve the profit target, and for those who hit the target before 10 days they can meet the minimum days faster since trading is literally 24/7.
Ignored
Yes but Crypto spreads are usually insane at the weekend.
 
 
  • Post #2,895
  • Quote
  • Aug 22, 2020 2:35pm Aug 22, 2020 2:35pm
  •  navk
  • Joined Oct 2010 | Status: Trader | 15,798 Posts
Quoting viptrading
Disliked
So, I feel kind of dumb. But, I just realized that ftmo offers crypto trading on the weekend? Does this mean that even during the challenge we can trade 7 days per week? If so, this makes it a lot easier to achieve the profit target, and for those who hit the target before 10 days they can meet the minimum days faster since trading is literally 24/7.
Ignored
We are sorry

The Free Trial capacity is momentarily exhausted. Your request is registered, and we will send your Free Trial credentials as soon as possible.

Intraday only.
 
 
  • Post #2,896
  • Quote
  • Aug 22, 2020 3:08pm Aug 22, 2020 3:08pm
  •  Swing4Fence
  • Joined Apr 2020 | Status: Member | 84 Posts
Quoting dexi
Disliked
Hi, great the update. Does the Commission update apply to the other account currencies EUR, GBP, CZK?
Ignored
It applies to Precious Metals, Crytpo, Indicies.

https://ftmo.com/en/new-mt4-server/
 
1
  • Post #2,897
  • Quote
  • Aug 22, 2020 3:47pm Aug 22, 2020 3:47pm
  •  Mtinifx
  • Joined Feb 2011 | Status: Member | 6,018 Posts
Quoting navk
Disliked
{quote} We are sorry The Free Trial capacity is momentarily exhausted. Your request is registered, and we will send your Free Trial credentials as soon as possible.
Ignored
Just carry on trading your old accounts - they don't get cancelled. One can just pretend it's a smaller challenge! You don't get any prizes for passing trial account
 
1
  • Post #2,898
  • Quote
  • Aug 22, 2020 4:02pm Aug 22, 2020 4:02pm
  •  frankalan832
  • | Joined Jul 2020 | Status: Member | 7 Posts
Quoting leweg1
Disliked
{image}
Ignored
Is this for Funded Accounts Only or Challenge/Verification accounts as well? I ask because I have both but with the Challenge you can carry trades into the weekend which I did...so trying to figure out what happens with those if the Challenge/Verification accounts are changing as well?
 
 
  • Post #2,899
  • Quote
  • Aug 22, 2020 4:06pm Aug 22, 2020 4:06pm
  •  viptrading
  • Joined Sep 2018 | Status: Member | 456 Posts
Quoting ia1979
Disliked
{quote} Yes but Crypto spreads are usually insane at the weekend.
Ignored
How crazy we talking?
 
 
  • Post #2,900
  • Quote
  • Aug 22, 2020 5:40pm Aug 22, 2020 5:40pm
  •  Masterrmind
  • Joined Jun 2013 | Status: Master chaos and you master trading | 11,262 Posts
Have now purchased 3 by 100K challenges in total.

All 3 will be traded via cTrader.

Looking forward to making a start Monday.

Good trading,

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