FTMO - For serious traders | Page 187 | 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

  • #3,721
  • Sep 22, 2020 9:26am Sep 22, 2020 9:26am
Verification almost finished. Wish me luck for the funded account
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB
  • #3,722
  • Sep 22, 2020 9:55am Sep 22, 2020 9:55am
Quoting emicovi
Verification almost finished. Wish me luck for the funded account {image}
You don't need luck now ... just Minimal positions on two days closed immediately.
Always read Post #1
  • #3,723
  • Sep 22, 2020 9:57am Sep 22, 2020 9:57am
Quoting jagzuk
{quote} You don't need luck now ... just Minimal positions on two days closed immediately.
yes thats what im doing since a week because I won verification in just one day. I need luck on the funded account ahah
  • #3,724
  • Sep 22, 2020 10:03am Sep 22, 2020 10:03am
Quoting emicovi
{quote} yes thats what im doing since a week because I won verification in just one day. I need luck on the funded account ahah
OK, Good Luck!
PS. Luck is a high-risk strategy! :-)
Always read Post #1
  • #3,725
  • Sep 22, 2020 10:04am Sep 22, 2020 10:04am
Quoting jagzuk
{quote} OK, Good Luck! PS. Luck is a high-risk strategy! :-)
true. what strategy you using?
  • #3,726
  • Sep 22, 2020 10:14am Sep 22, 2020 10:14am
Quoting emicovi
{quote} true. what strategy you using?
Prayer!
Always read Post #1
  • #3,727
  • Sep 22, 2020 10:47am Sep 22, 2020 10:47am
Quoting jagzuk
{quote} Prayer!
Ah, higher risk. I like.
  • #3,728
  • Sep 22, 2020 10:51am Sep 22, 2020 10:51am
Quoting pipmaster77
{quote} Well that's good to know. Just to confirm, are you trading other instruments not directly impacted by a particular news event, for example USD during non farm payrolls. I understand you can trade news all you want as long as it doesn't involve the impacted currency. Thanks for the info.

Would love an answer to this as well.

Is it prohibited to open any trades/positions at all around news releases regardless of if the currency traded is directly related to the news?
E.g opening an NzdChf trade 2 mins before GBP cash rate drops.
  • #3,729
  • Sep 22, 2020 11:04am Sep 22, 2020 11:04am
Wasnt there a guy on FF who once said that you can make money coin flipping and using good money management?
  • #3,730
  • Sep 22, 2020 11:09am Sep 22, 2020 11:09am
Quoting Koop
{quote} Would love an answer to this as well. Is it prohibited to open any trades/positions at all around news releases regardless of if the currency traded is directly related to the news? E.g opening an NzdChf trade 2 mins before GBP cash rate drops.
Text from their website seems to imply only the affected currency or commodity: "... not allowed to execute any news trade or close any existing trade on the targeted instrument in the window of 2 minutes before to 2 minutes after the release of the below news announcements."

But that leaves me wondering if US$ priced commodities & indices, e.g. (XAUUSD) would be impacted by USD news?
Always read Post #1
  • #3,731
  • Sep 22, 2020 11:12am Sep 22, 2020 11:12am
Quoting Koop
{quote} Would love an answer to this as well. Is it prohibited to open any trades/positions at all around news releases regardless of if the currency traded is directly related to the news? E.g opening an NzdChf trade 2 mins before GBP cash rate drops.
Only prohibited on the impacted currencies. The impacted currencies are listed for each restricted event. I'm clear on that. The confusion was the previous poster stating he is able to place pending orders which are allowed to trigger during the window. There is no way that is allowed.
  • #3,732
  • Sep 22, 2020 1:51pm Sep 22, 2020 1:51pm
Quoting jagzuk
{quote} Text from their website seems to imply only the affected currency or commodity: "... not allowed to execute any news trade or close any existing trade on the targeted instrument in the window of 2 minutes before to 2 minutes after the release of the below news announcements." But that leaves me wondering if US$ priced commodities & indices, e.g. (XAUUSD) would be impacted by USD news?
yes, I'd like some clarification, too...

on US news events can we trade XAUUSD, XAGUSD, WTI, NAS100, SP500... etc.
?
on British events can we trade UK100, BRENT... ?

once qualified, of course. We know it's allowed on challenges and verification.
  • #3,733
  • Sep 22, 2020 2:48pm Sep 22, 2020 2:48pm
Just passed second account. Took 11 days. and was a rollercoaster but did it.
Attached Image
  • #3,734
  • Sep 22, 2020 6:25pm Sep 22, 2020 6:25pm
Quoting Koop
{quote} Would love an answer to this as well. Is it prohibited to open any trades/positions at all around news releases regardless of if the currency traded is directly related to the news? E.g opening an NzdChf trade 2 mins before GBP cash rate drops.
Just use the FTMO calendar - there are not that many events that are restricted and it is currency related.
Cheers
maahome
  • #3,735
  • Sep 22, 2020 6:57pm Sep 22, 2020 6:57pm
Quoting tradista
{quote} I think the rules also mean that if a pending order is triggered within the 4m window you're breaking the rules. Did you have any PO ever triggered ?
Yes, i chatted with them to make sure it was OK and I had them trigger as well.
Sometimes high volume from news goes your way. Have had my tp slip a few times before to even bigger growth
"Anger clouds the mind. Turned inward, it is an unconquerable enemy."
  • #3,736
  • Sep 23, 2020 2:14am Sep 23, 2020 2:14am
Quoting Takisd
Just passed second account. Took 11 days. and was a rollercoaster but did it. {image}
Good going.
  • #3,737
  • Sep 23, 2020 7:38am Sep 23, 2020 7:38am
Quoting TrendLover
If I do not violate the rules, but fail to reach the profit target on time, will I have unlimited chances to try again and again without any additional payments, as long as the account is positive and still does not violate the rules?
I asked them the same question by email and they confirmed that there are no limit to the number of times to repeat the challenge if no rules are violated.


Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 25 KB
  • #3,738
  • Sep 23, 2020 8:13am Sep 23, 2020 8:13am
Quoting fx75
https://www.youtube.com/watch?v=klpP2kHNqLc

They may not be perfect but it's refreshing to see that they actually try to maintain a good name

Inserted Video
  • #3,739
  • Sep 23, 2020 8:51am Sep 23, 2020 8:51am
on the 22nd of Sept I almost passed the verification stage and just short of 0.8%. I should've passed days ago but I keep on locking profits too early. On 23rd, I failed the verification stage and failed my psychology because I increased my risk to 1% and been exposed to multiple pairs of the same currency as I want to "chase" that funded account. Aside from this, I went for homerun trades where r:r is at 1:>5. This only means I'm not yet ready to handle other people's money. Need to improve more!!!

Anyway, time to share what I will do next:
1. Reduce the number of pairs I trade.
2. Expose myself to only 1 currency at a time. ie not trade EU and UJ as exposure to U is x2.
3. Trade with fixed 1:2 R:R with trailing stops at 1:1. R = max 1% per trade.
4. Invest on a trade copier subscription. It's tedious to maintain multiple accounts, 3 accounts + 1 live account.
Green pips to everyone! I hope in sharing this, people will avoid doing this to themselves. I feel extremely bad and will not trade for 2 weeks to clear my mind first, then will try again. Green pips to everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 33 KB
adapt or be killed
  • #3,740
  • Sep 23, 2020 9:36am Sep 23, 2020 9:36am
To all the aspirant FTMO Traders out there who worry about payouts, I want to send a big shoutout to their whole team. The support has always been great but more important, I succeeded in being verified a month back on after the 30 days had not shot lights out but was in the black. I was paid out my "challenge fee" within 2 days and have also received the payout now. I have attached the certificate for what its worth but obviously that's not proof to all the doubting Thomas's out there but for those who are really not convinced PM me.

To FTMO, many thanks. You are in all ways what you promote on your website
Attached Image (click to enlarge)
Click to Enlarge Name: Withdrawal Certificate - FTMO.png Size: 139 KB
1 trader viewing now