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FTMO - For serious traders

  • #3,241
  • Sep 4, 2020 2:28am Sep 4, 2020 2:28am
Quoting maflip
{quote} What are you talking about? My only complain with FTMO is the spread. And on other thread I tell my friends there, FTMO is the best prop firm at the moment, I even have my wife pass the challenge. I have her certificate of passing posted here somewhere around March or April. I never have this complain before, as there are more broker options. Now we are just stuck with one. I noticed you are a new FF member created in May and same with your other cheer leader friend. I suspect both of you are an FTMO employee of some kind to be a keyboard...
Their brokers are crap. They do massive slippage even on demo account. I dont understand why there is a slippage on a demo account. ThinkMarkets (slippage even in demo) Purple Trading bad spread and slippage even on demo. ICMarkets (sometimes freeze you cant trade.) XM (spread is a joke its so bad) If you are a scalper wont work for you with these kinds of brokers. ICMarkets supposed to be good maybe it was just that day their platform is freezing. But I noticed ICMarkets is not in their brokers anymore. Problem is I think FTMO does not allow holding positions overnight so you gotta be a scalper or intraday swing trader. But with the brokers being so bad with spread and they slip you even on demo good luck with that lol.

Not sure if these brokers are rigged for FTMO so that more will fail the challenge or what. I dont know lol. But if you are a scalper dont bother taking the challenge since their brokers are bad for scalpers due to ridiculuos bad spread.

Also, my wife passed the challenge but failed verification due to a bad slippage ON A DEMO. LOL. Her fault for over leveraging but she should not have been kicked out of verification if it wasnt for slippage. (ON DEMO)

Now I just setup my wife with a $500 account no more trying with these trading firms. I guide her 1 day on 1 day off. I suspect these prop firms have something rigged with their brokers lol. ( No proof just a gut feeling) Some still pass the challenge but how long do they stay in?


That is you in the above post crapping on FTMO and making wild allegations of rigging in their favor even though per your own admission, you don't have any proof.

Since then, I've seen you always complain about spread even in other threads. So why are you still here if spreads are that bad for you? That post is one of the first I came across when I started looking into FTMO but I learnt quite early not to take you seriously. I mean, with all these trains of irrelevant emojis and personal attacks and conjectures, your posts clearly exhibit someone with the mental maturity of a teenager who just discovered forums.

I might be naive but if I had been trading since 1996, I wouldn't be roaming on forums 24 years later complaining about slippage and spreads and trashing companies from whom I'm hoping to get funded. I would have built my own significant capital by now or probably moved on to other ventures because perhaps trading isn't for me. But then again, I might be naive.
  • #3,242
  • Sep 4, 2020 2:34am Sep 4, 2020 2:34am
Quoting newegg
{quote} I dont understand why there is a slippage on a demo account.
Because of trade execution time ... the price changes between the client request and the server response.
If you never see slippage in a demo account it's an indication that it is not using a real market feed.
Always read Post #1
  • #3,243
  • Sep 4, 2020 3:13am Sep 4, 2020 3:13am
Quoting Mtinifx
{quote} Nice equity curve Mastermind. Just double or triple your lot sizes next time. You're an experienced trader
Building nicely a base for 300K. No need to rush. Even 0.6% daily will do.....
  • #3,244
  • Sep 4, 2020 3:53am Sep 4, 2020 3:53am
Quoting Mtinifx
{quote} Nice equity curve Mastermind. Just double or triple your lot sizes next time. You're an experienced trader
Thanks for the nice comment.

I have an underlying strategy in place.

Lower volume initially with larger volume to follow but not necessarily larger lots just more entries under favorable conditions.

Aim is to steer this first account across the line but if not then to have it at least ending with some profit.

It's always nice to have a pretty equity curve but at the end of the day what really matters here is passing the challenge.

Good trading,

Masterrmind.........
Master your Mind then Master your Trades
  • #3,245
  • Sep 4, 2020 3:54am Sep 4, 2020 3:54am
Quoting newegg
{quote} Their brokers are crap. They do massive slippage even on demo account. I dont understand why there is a slippage on a demo account. ThinkMarkets (slippage even in demo) Purple Trading bad spread and slippage even on demo. ICMarkets (sometimes freeze you cant trade.) XM (spread is a joke its so bad) If you are a scalper wont work for you with these kinds of brokers. ICMarkets supposed to be good maybe it was just that day their platform is freezing. But I noticed ICMarkets is not...
And all the above are valid concerns. Well seriously guys, if you want a pen pal. All you have to do is be a critic of FTMO. Seriously, you FTMO employees are too sensitive. If you people are too sensitive and doesn't like being criticize. You and TraderOtakar should not have created a forum here. Well you say I'm childish? Fine I am childish I like being myself

What did you call me a whinny baby? Well this is me right here. At least I look cute.

As for you, sad little prick. You even went back to all my posts here. That is EPIC
Attached Image
  • #3,246
  • Sep 4, 2020 3:55am Sep 4, 2020 3:55am
Quoting jagzuk
{quote} Because of trade execution time ... the price changes between the client request and the server response. If you never see slippage in a demo account it's an indication that it is not using a real market feed.
Thank you!
Such a basic fact, yet someone with supposedly 24 years trading experience doesn't know this.
  • #3,247
  • Sep 4, 2020 4:10am Sep 4, 2020 4:10am
Quoting newegg
{quote} Their brokers are crap. They do massive slippage even on demo account. I dont understand why there is a slippage on a demo account. ThinkMarkets (slippage even in demo) Purple Trading bad spread and slippage even on demo. ICMarkets (sometimes freeze you cant trade.) XM (spread is a joke its so bad) If you are a scalper wont work for you with these kinds of brokers. ICMarkets supposed to be good maybe it was just that day their platform is freezing. But I noticed ICMarkets is not...
NEVER EVER CRITICIZE FTMO GUYS UNLESS YOU WANT A PEN PAL BOY CHEER LEADER.



Oh boy this guy is EPIC.
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  • #3,248
  • Sep 4, 2020 4:18am Sep 4, 2020 4:18am
Back to trading. However, I anxiously await what my pen pal friend will say next. I AM WAITING... !!!
  • #3,249
  • Edited 5:03am Sep 4, 2020 4:52am | Edited 5:03am
Quoting newegg
{quote} I might be naive but if I had been trading since 1996, I wouldn't be roaming on forums 24 years later complaining about slippage and spreads and trashing companies from whom I'm hoping to get funded. I would have built my own significant capital by now or probably moved on to other ventures because perhaps trading isn't for me. But then again, I might be naive.
OH LOOK HERE, NOW THIS GUY ALSO WANTS TO KNOW ABOUT MY BACKGROUND. Well, I'm 46 retired early, formerly living in California, USA. Guess why I retired early? Own a restaurant at SM Fairview mall. Moved and bought a house in the Philippines. Paid in cash. Do you want to see the deed? Seriously I have it!!! Have a beautiful wife and 1 daughter 3 years old. What else do you want to know?

Don't believe me? You can also look it up like you did earlier. I told a friend here I am opening up a restaurant business. This was almost 3 years ago. Will take you awhile but it's here. You will find it. You are good at it!

We can be pen pal friends. Sure why not
  • #3,250
  • Sep 4, 2020 5:15am Sep 4, 2020 5:15am
Quoting jagzuk
{quote} Because of trade execution time ... the price changes between the client request and the server response. If you never see slippage in a demo account it's an indication that it is not using a real market feed.
What? Lol. Slippage happens because of the delay between your feed price, hitting that buy or sell, to the time the liquidity provider accepts the price. If its slow, especially if the market has higher volume, you'll get a requote and your entry will have changed, ie slippage. Thats why Equinix type servers with those fiber cables the thickness of your thumb are the gold standard.

You can experience large spreads in a demo if its connected to the same price feed. But you can't really experience slippage on opening or closing market execution because there is no actual connection to the real interbank market, ie, no LP accepting the order. If a demo server is experiencing 'slippage', quite plainly its has a POS connection. It cant' handle the volume going through it. But nothing to do with "indication its not using a real market feed". lol. And what broker would want to invest more money into a demo that it could better put into improving its live conditions? Not many. FTMO could of course buy a new server since that is what everyone trades on, but it cost 100k USD, and since they are not the broker, it wouldn't even be theirs. So not a good investment.

I, personally, having passed the challenge never experienced a slippage issue with them. I have dedicated 500/500 mbps fiber optic internet though. I've only experienced outrages spreads during rollover, like the one i mentioned before, a 3 lot trade sent me over 2k uSD into DD cause the spread was 61 pips. But I haven't experienced that again since we mentioned it.
The best strategy is a profitable one.
  • #3,251
  • Edited 6:28am Sep 4, 2020 5:47am | Edited 6:28am
Quoting snail69
{quote} Building nicely a base for 300K. No need to rush. Even 0.6% daily will do.....
What are you talking about mate? You only have 30 days to complete the challenge. Otherwise you have to start all over again!

What you do mean no need to rush?


EDIT
Could a clue be the name?
  • #3,252
  • Sep 4, 2020 6:00am Sep 4, 2020 6:00am
Quoting maflip
{quote} What are you talking about? My only complain with FTMO is the spread. And on other thread I tell my friends there, FTMO is the best prop firm at the moment, I even have my wife pass the challenge. I have her certificate of passing posted here somewhere around March or April. I never have this complain before, as there are more broker options. Now we are just stuck with one. I noticed you are a new FF member created in May and same with your other cheer leader friend. I suspect both of you are an FTMO employee of some kind to be a keyboard...

Lol the manner in which you speak makes it hard to believe you're actually married.
  • #3,253
  • Sep 4, 2020 6:02am Sep 4, 2020 6:02am
Quoting navk
{quote} taken a new demo to sharpen my trades to reduce losses. After successful completion of this demo, I shall sign up for challenge.
Love that you're taking your time.
  • #3,254
  • Sep 4, 2020 6:26am Sep 4, 2020 6:26am
Quoting Koop
{quote} Lol the manner in which you speak makes it hard to believe you're actually married.
I'm mute in real life so its never been a problem with my wife lol. Why? Did I trigger your nerve too? Lol Glad to make your day
  • #3,255
  • Sep 4, 2020 6:31am Sep 4, 2020 6:31am
Hi guys

Can anyone who has passed the Verification please share their link to view the Account Metrix.

Thank you
www.t.me/tradepropmatic_ceo
  • #3,256
  • Edited 10:41am Sep 4, 2020 8:48am | Edited 10:41am
Test no. 1 passed, new one taken to sharpen trades so as to reduce floating loss

50 k demo test ( New one test no.2.)

Day : 1

max daily loss : 197.5 $

Max loss : 197.5 $

PROFIT TARGET : 1125.25 $
Intraday only.
  • #3,257
  • Sep 4, 2020 9:20am Sep 4, 2020 9:20am
Attached Image (click to enlarge)
Click to Enlarge Name: challenge.png Size: 37 KB
on a postive roll...
  • #3,258
  • Sep 4, 2020 9:29am Sep 4, 2020 9:29am
Quoting Rmg
{image}
Nice, congrats. Started verification today. Actually just trading to knock out one of the day requirements, not really looking for any big moves the Friday before a 3 day weekend. Since I have new credentials, I no longer see the .lmax. I'm actually quite impressed with the spreads, I'm currently getting 1.4 on GBPAUD. I use to see that as I high as 7 in Asia, never really below 2.5 even in London-NY.
  • #3,259
  • Sep 4, 2020 9:36am Sep 4, 2020 9:36am
Quoting pipmaster77
{quote} Nice, congrats. Started verification today. Actually just trading to knock out one of the day requirements, not really looking for any big moves the Friday before a 3 day weekend. Since I have new credentials, I no longer see the .lmax. I'm actually quite impressed with the spreads, I'm currently getting 1.4 on GBPAUD. I use to see that as I high as 7 in Asia, never really below 2.5 even in London-NY.
I trade only Dow and gold sometimes, spreads are okay and never a worry as dow provides enough to cover.
Using ctrader so no lmax drama.
Good luck for our verifications.
on a postive roll...
  • #3,260
  • Sep 4, 2020 9:43am Sep 4, 2020 9:43am
Quoting navk
50 k demo test ( New one test no.2.) Test no. 1 passed, new one taken to sharpen trades so as to reduce floating loss Day : 1 max daily loss : 197.5 $ Max loss : 197.5 $ PROFIT TARGET : 1119.25 $
don't have to type out your result, you can just post the trading objective, your results and summary.
Because we might type wrongly
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