FTMO - For serious traders | Page 179 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

$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

Attachments: FTMO - For serious traders
Exit Attachments

FTMO - For serious traders

  • #3,561
  • Sep 17, 2020 10:22am Sep 17, 2020 10:22am
Quoting Rmg
{quote} Not lucky trades, I do have a winning strategy with +exp.value. but took trades outside my plan was the cause. Mostly boredom trades based on impulse.
Well, fortunately looks like it was a 10,000 and not a 100,000 account. If you have a winning strategy I would go again, but throw a few bucks in an account with another broker to get your "fix" lol.
  • #3,562
  • Sep 17, 2020 11:33am Sep 17, 2020 11:33am
Quoting Rmg
{quote} Not lucky trades, I do have a winning strategy with +exp.value. but took trades outside my plan was the cause. Mostly boredom trades based on impulse.
Winning strategy - ended up 10% down after 150 trades, with 100 of those being a losing streak.

+exp.value - seems you need more exp, you are looking to trade someone else's money, you are trying to make a good first impression, yet you end up "over trading" and not knowing when to just sit out of the market?

10% down just out of "boredom" and you want to trade someone else's money?

You even admit you have doubt in your own discipline, you need to fix these things before trading a real FTMO account or it will end in tears.
  • #3,563
  • Sep 17, 2020 12:24pm Sep 17, 2020 12:24pm
Quoting Rmg
{quote} Oh, fuck here comes the freeeeeeeee advice. You don't know what you are talking about. {image} {image}
undoubtedly, indicipline / overtrading cost my 2 day profit on the third day.

I have made 1.7 % on the first two days, then i gave up all on the third day.

Lessons learnt ( How many times ? ), and today no over trading, and i stopped after making 1 % today.

Hopefully this continues.
Intraday only.
  • #3,564
  • Sep 17, 2020 12:26pm Sep 17, 2020 12:26pm
Quoting Rmg
{quote} Oh, fuck here comes the freeeeeeeee advice. You don't know what you are talking about. {image} {image}
You admit you are not disciplined, and that you doubted even yourself, and you still take trades outside of your plan, and now you are trying to prove something by posting a demo account?

Don't post on here feeling sorry for yourself then bite back at someone who is trying to give you much needed advice.

good luck passing, and good luck not hitting the 10% max loss on the real deal.
  • #3,565
  • Sep 17, 2020 12:39pm Sep 17, 2020 12:39pm
This day is 4th day of my challenge trading.

On the third day, the daily loss ( floating ) went upto 2701 $. ( 2.7 % )

In the last 4 days, this is the highest daily floating loss, and this occurred on the third day of my challenge.

Today, the 4th day, the daily floating loss did not go much. May be limited to some 600 to 700 bucks.

However, in the metrics, the daily floating loss still shows 2701 $, which i made on the third day.

So, the highest daily floating loss during challenge is shown in metrics? This is how FTMO measures?

Please clarify to me guys.
Intraday only.
  • #3,566
  • Sep 17, 2020 12:42pm Sep 17, 2020 12:42pm
Quoting Rmg
{quote} I will try again after few bashing from my wife hahaha. idea is get 3 times 100k funded by jan. Had a doubt in my discipline so last moment I went for 10k instead of 100k. Rule based mechanical system... I will keep digging.
Take the lesson, improve and go back. Good luck next time, mate!
  • #3,567
  • Sep 17, 2020 12:45pm Sep 17, 2020 12:45pm
Quoting tradista
{quote} Take the lesson, improve and go back. Good luck next time, mate!
That's more like it.
on a postive roll...
  • #3,568
  • Sep 17, 2020 12:51pm Sep 17, 2020 12:51pm
Good luck Rmg
  • #3,569
  • Sep 17, 2020 1:16pm Sep 17, 2020 1:16pm
So basically with the technical issues they had yesterday I was not able to close all the positions I had in profits and that caused me to lose the verification instead of successfully passing it according to my plan. I would like to see how ftmo will handle this..
  • #3,570
  • Sep 17, 2020 1:18pm Sep 17, 2020 1:18pm
Quoting navk
This day is 4th day of my challenge trading. On the third day, the daily loss ( floating ) went upto 2701 $. ( 2.7 % ) In the last 4 days, this is the highest daily floating loss, and this occurred on the third day of my challenge. Today, the 4th day, the daily floating loss did not go much. May be limited to some 600 to 700 bucks. However, in the metrics, the daily floating loss still shows 2701 $, which i made on the third day. So, the highest daily floating loss during challenge is shown in metrics? This is how FTMO measures? Please clarify to...
''

Yes, it will always show what your "max" daily loss was, current day you'll see to the right as max allowed loss today, this figure will include your closed + floating trades. That figure resets to 5,000 (on a 100K account) once per day unless you have open trades when it resets
  • #3,571
  • Sep 17, 2020 1:36pm Sep 17, 2020 1:36pm
Quoting pipmaster77
{quote} Absolutely. IMO, if you're not funded, in challenge/verification/trial OR looking for more info on FTMO, why would you be in this thread? This happens so often on FF, great threads just get polluted.

I am looking for FRIENDS!
Maadik Hugiis. IQ 69.
  • #3,572
  • Sep 17, 2020 2:07pm Sep 17, 2020 2:07pm
The delay in metrix update is starting to get on my nerves now. It doesnt really affect me but its getting on my nerves to see old data.
  • #3,573
  • Sep 17, 2020 2:20pm Sep 17, 2020 2:20pm
Quoting pipmaster77
{quote}'' Yes, it will always show what your "max" daily loss was, current day you'll see to the right as max allowed loss today, this figure will include your closed + floating trades. That figure resets to 5,000 (on a 100K account) once per day unless you have open trades when it resets
got it.

Thanks.
Intraday only.
  • #3,574
  • Sep 17, 2020 2:21pm Sep 17, 2020 2:21pm
With all these disconnects causing great loss and stress. Please tell me, does it also happen with their Ctrader ? If not, bye bye mt. Ill only use mt for analysis and trade on ctrader. What about a webtrader ? Any backup at all when this happens ?
If I don't mention SL and/or TP = longer-term setup possibly in the works!
  • #3,575
  • Sep 17, 2020 2:49pm Sep 17, 2020 2:49pm
Quoting Rmg
{quote} I will try again after few bashing from my wife hahaha. idea is get 3 times 100k funded by jan. Had a doubt in my discipline so last moment I went for 10k instead of 100k. Rule based mechanical system... I will keep digging.
You just failed a verification after ironically passing it, I think setting major targets like "300k funded by January" just puts you under more unnecessary pressure going forward, which could affect your results again.

Just take it easy. Regroup and set and achieve much smaller goals first. Good luck
  • #3,576
  • Sep 17, 2020 2:57pm Sep 17, 2020 2:57pm
Quoting Takisd
The delay in metrix update is starting to get on my nerves now. It doesnt really affect me but its getting on my nerves to see old data.
Lol I get the feeling. Closing the day in good profit or recovering from DD and heading over to see your sweet results/progress only to see it displaying unsatisfying rubbish.
  • #3,577
  • Sep 17, 2020 3:04pm Sep 17, 2020 3:04pm
I recently started the challenge 3 days ago on the 14th and so far it is going okay. I think the most important thing is learning how to stay away from over trading. So far I have made 8 trades and feel as if that is too much and I have been lucky. So far 2 winning trade, 4 break evens and 2 losses.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: FTMO1.PNG Size: 36 KB
Click to Enlarge Name: FTMO2.PNG Size: 53 KB
  • #3,578
  • Sep 17, 2020 3:10pm Sep 17, 2020 3:10pm
Quoting IveGotQuads
I recently started the challenge 3 days ago on the 14th and so far it is going okay. I think the most important thing is learning how to stay away from over trading. So far I have made 8 trades and feel as if that is too much and I have been lucky. So far 2 winning trade, 4 break evens and 2 losses. {image} {image}
If your trading style is few trades sure. The most important thing is to fit inside the parameters they set. The hardest part of the entire challenge once you master the loss parameters is the profit target inside a time target. Especially given that some months someone can make 50% and the next month lose 20.
  • #3,579
  • Sep 17, 2020 5:24pm Sep 17, 2020 5:24pm
Quoting navk
This day is 4th day of my challenge trading. On the third day, the daily loss ( floating ) went upto 2701 $. ( 2.7 % ) In the last 4 days, this is the highest daily floating loss, and this occurred on the third day of my challenge. Today, the 4th day, the daily floating loss did not go much. May be limited to some 600 to 700 bucks. However, in the metrics, the daily floating loss still shows 2701 $, which i made on the third day. So, the highest daily floating loss during challenge is shown in metrics? This is how FTMO measures? Please clarify to...
Yes
  • #3,580
  • Sep 18, 2020 1:48am Sep 18, 2020 1:48am
Quoting MoneyZilla
{quote} I am looking for FRIENDS!
You have to say nice things about FTMO, Moneyzilla!
6 traders viewing now