FTMO - For serious traders | Page 211 | 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

  • #4,201
  • Oct 15, 2020 1:20am Oct 15, 2020 1:20am
Is anyone able to trade Crypto during the weekends? I read somewhere that it was possible and the live chat rep "sort of" confirmed it but i can't seem to get any trades through when i try.
  • #4,202
  • Oct 15, 2020 1:20am Oct 15, 2020 1:20am
Charts are frozen, says market closed on ftmo mt4?
Anyone facing the same?
on a postive roll...
  • #4,203
  • Oct 15, 2020 1:25am Oct 15, 2020 1:25am
Attached Image (click to enlarge)
Click to Enlarge Name: Star Trader.jpg Size: 180 KB
  • #4,204
  • Edited 1:45am Oct 15, 2020 1:25am | Edited 1:45am
Quoting OutThere
{quote} So, according to him, the only reason he talked about his experience was to sell his own service. That says to me if you are selling an EA on the side, you shouldn't be talking about your completely separate issue of your experience. The two are not related. DUH.
No, it shows ulterior motive.

Quoting OutThere
{quote} Glad you too learned something from Cobby posting a video about his experience.
The dude isn't sharing his experience, he doesn't have one. What experience? haha. The experience of a 3 month live account that probably already went bust by now

He does bring up a funded trader that has been profitable at FTMO for 4 months, but then quickly refers to the 5% and 10% DD. So he can't handle realistic risk control when its someone elses money. So I click on another of his videos to see what his DD's are like. He's bragging about a profit he made on a trade, but that trade had nearly 30% DD, oh, and on a demo! Recipe for disaster. He'd go to jail if it were a large investor and an account took a loss like that. Easiest case to prove the relationship wasn't fiduciary.

Cobby is the reason why the retailers get slaughtered trading financial markets. An unsuccessful trader trying to teach other people how to trade. If that wasn't bad enough he then tries to charge people for it. It's unethical. 15 years of trading and he tries to authenticate his opinion by showing demos with account histories that are a few weeks old from years ago. It's sad. So I will absolutely call out his BS if it saves someone the money and time of going down the wrong road.

And btw, my first post on this thread was addressing issues with FTMO from my actual experience. The company listens to feedback and makes positive changes. So I also give credit where credit is due.
The best strategy is a profitable one.
  • #4,205
  • Oct 15, 2020 1:26am Oct 15, 2020 1:26am
Quoting Rmg
Charts are frozen, says market closed on ftmo mt4? Anyone facing the same?
I am on the FTMO-Server and I am not experiencing this. Can't speak for those on purple trading.
The best strategy is a profitable one.
  • #4,206
  • Oct 15, 2020 1:27am Oct 15, 2020 1:27am
Quoting Rmg
Charts are frozen, says market closed on ftmo mt4? Anyone facing the same?
Mine's working. Opened an EURUSD short about 15 mins ago
  • #4,207
  • Oct 15, 2020 1:30am Oct 15, 2020 1:30am
Quoting AnRan
{quote} I am on the FTMO-Server and I am not experiencing this. Can't speak for those on purple trading.
Weird, I am trading WS30 still no updates.
on a postive roll...
  • #4,208
  • Oct 15, 2020 1:33am Oct 15, 2020 1:33am
Quoting Rmg
{quote} Weird, I am trading WS30 still no updates.
Just checked it myself. It is moving and dropping. As of writing this price is around 28200 and on its way back to 27700's. Try opening it on a different device.
The best strategy is a profitable one.
  • #4,209
  • Oct 15, 2020 1:33am Oct 15, 2020 1:33am
Quoting Rmg
{quote} Weird, I am trading WS30 still no updates.
Running now, same time yesterday same thing happened, freeze for a while and back on with gaps. I should have stayed with ctarder?!.
on a postive roll...
  • #4,210
  • Oct 15, 2020 1:43am Oct 15, 2020 1:43am
Quoting Rmg
{quote} Running now, same time yesterday same thing happened, freeze for a while and back on with gaps. I should have stayed with ctarder?!.
Well, I think you might get more benefit if you can figure out what is wrong with your connection that is causing the issue. Cause we are all on the same server and didn't experience this issue. Whats your latency to the server? What kind of connection do you have? What TF are you using that you see gaps? There is a small gap between 28263 and 28257, but thats cause it was a sharp move. If that is where it froze for you, it would point more towards your home connection.
The best strategy is a profitable one.
  • #4,211
  • Oct 15, 2020 1:53am Oct 15, 2020 1:53am
Quoting AnRan
{quote} Well, I think you might get more benefit if you can figure out what is wrong with your connection that is causing the issue. Cause we are all on the same server and didn't experience this issue. Whats your latency to the server? What kind of connection do you have? What TF are you using that you see gaps? There is a small gap between 28263 and 28257, but thats cause it was a sharp move. If that is where it froze for you, it would point more towards your home connection.
I am running futures on sierra charts parallel without any issue.
A small gap but 15 minutes of data missing.
Attached Image (click to enlarge)
Click to Enlarge Name: gap.png Size: 27 KB
on a postive roll...
  • #4,212
  • Oct 15, 2020 1:55am Oct 15, 2020 1:55am
Quoting AnRan
{quote} Well, I think you might get more benefit if you can figure out what is wrong with your connection that is causing the issue. Cause we are all on the same server and didn't experience this issue. Whats your latency to the server? What kind of connection do you have? What TF are you using that you see gaps? There is a small gap between 28263 and 28257, but thats cause it was a sharp move. If that is where it froze for you, it would point more towards your home connection.

weird, but i think it's a server issue not a local connection issue. A gap wouldn't be displayed on the chart if it ere the latter..
  • #4,213
  • Oct 15, 2020 1:59am Oct 15, 2020 1:59am
Quoting Rmg
{quote} I am running futures on sierra charts parallel without any issue. A small gap but 15 minutes of data missing. {image}
You're correct, there is 20 minutes of data missing. I went down to the 5 minute chart. Last 5 minute is at 10:10 then next candle opens at 10:30. So the feed got cut off for 15-20 minutes there. By the time I saw your post it was already connected again.
The best strategy is a profitable one.
  • #4,214
  • Oct 15, 2020 2:08am Oct 15, 2020 2:08am
Quoting OutThere
{image}
Tried to give you the benefit of the doubt but I'm struggling to see any value in your posts.
Looks like sour grapes to me, so no offence intended but am going to block you so that I can read the thread without daft pics etc.
  • #4,215
  • Oct 15, 2020 2:12am Oct 15, 2020 2:12am
Quoting moodybot
{quote} Tried to give you the benefit of the doubt but I'm struggling to see any value in your posts. Looks like sour grapes to me, so no offence intended but am going to block you so that I can read the thread without daft pics etc.
I'm crushed now. Bye lil fishie.

BTW, if you don't put out as told by your funder, you go on their ignore list automatically until you pay up again and go tru tests to get off their ignore list.
You know how it works.
Shitty life but someone gotta live it.
  • #4,216
  • Oct 15, 2020 2:27am Oct 15, 2020 2:27am
Quoting OutThere
{quote} So, according to him, the only reason he talked about his experience was to sell his own service. That says to me if you are selling an EA on the side, you shouldn't be talking about your completely separate issue of your experience. The two are not related. DUH.
According to me as well, it’s the only reason he made the video. He just tries to cover it up a bit by pretending he cares for the poor struggling traders. And then out of nowhere, he talks about his EA and shows that impressive 10 year backtesting curve, knowing that it would impress struggling traders who will go and search for his EA. I have seen this sneaky way of self promotion thousand of times in the Forex industry.

Even when he talks about that successful FTMO trader, he makes a point of letting you know that the trader will certainly hit the DD limit sooner or later and will also be disqualified...just to be sure to destroy any hint of dream the viewer of the video mighty still have.

And of course he urges you to ‘share his video’ to kindly warn poor newbies ! More views, more people will look at his EA, and more money for him...

On the danger level of sharks, I would rate him very highly.
Don't give up on your dreams. Keep sleeping.
  • #4,217
  • Edited 3:15am Oct 15, 2020 2:55am | Edited 3:15am
that video is helping no one. It is utter nonsense.

full of wrong info... missed homework it seems; does not even care to know the difference between BluFx and FxBlue.

in FTMO,
the 10% is only one time goal; after that it is 5% and later it is whatever the trader chooses to achieve.
with 5% one can fail 5 times if 1% is risked; 10 times if 0.5% is risked; 20 times if 0.25% is risked.
overall, with 10%, one can fail 40 times with 0.25% risk; 20 times with 0.5% risk; and 10 times with 1% risked.

When one fails that many times, has to rethink about trading

In that person's own words, if prop firms rules are bothering, stop trading with those firms...easy solution.
Attached Image
Determination + Persistence = Success
  • #4,218
  • Edited 8:12pm Oct 15, 2020 2:58am | Edited 8:12pm
Quoting Artcool
{quote} According to me as well, it’s the only reason he made the video. He just tries to cover it up a bit by pretending he cares for the poor struggling traders. And then out of nowhere, he talks about his EA and shows that impressive 10 year backtesting curve, knowing that it would impress struggling traders who will go and search for his EA. I have seen this sneaky way of self promotion thousand of times in the Forex industry. Even when he talks about that successful FTMO trader, he makes a point of letting you know that the trader will certainly...
I don't see it that way.

He is saying that there are other ways. What way? He has a way of his own. You find your way. There are lots of ways.

The limitations that funders dictate take ways away from you as well as your money and your freedom.

Their "trade management" is A trade management. One out of 1000's. No one needs to squeeze themselves to one way of trade management offered by not only people who have not a clue how to trade but also squeeze you in order to what else? Squeeze your money out.

While everyone is tricked to think there is only one way to make money (going tru many many hoops to make it to 300K and hope to relax and make a steady 2%/mo on $300,000), they should consider that there are many other ways.

For example, why not grow your equity to 200% in 3 weeks instead?

I don't expect everyone to do that or to know how but there are many ways but funders are not end all, be all.

Here is an example of 100% profit in 3 weeks. Heart attack for a lot of babypips traders of course. How can dd be more than twice the deposit while the equity is 2X deposit at the same time? Money management of course.

Yes it is a demo but you know something works when it does. I can choose to run it in real next week. If I want to. There are more ways. I have choices. I have freedom. I'm not being juiced by someone who has squeezed me to make money off me if I win or fail.


BTW, several funders have built their posts on this forum SELLING their wares. I don't think they pay a fee to FF. This is all commercial activity. Both the op of this thread and the op of the video producers are commercial members. Cubby posted a completely free EA in his thread and modified it over n over at his expense and gave it to everyone for free. Tell me what free thing the op of this and similar threads are giving out? You either make money for them or you hand them your fee before they kick you out. It is a one way trip......
  • #4,219
  • Oct 15, 2020 3:35am Oct 15, 2020 3:35am
Quoting OutThere
{quote} I don't see it that way. He is saying that there are other ways. What way? He has a way of his own. You find your way. There are lots of ways. The limitations that funders dictate take ways away from you as well as your money and your freedom. Their "trade management" is A trade management. One out of 1000's. No one needs to squeeze themselves to one way of trade management offered by not only people who have not a clue how to trade but also squeeze you in order to what else? Squeeze your money out. While everyone is tricked to think there...
I am not looking for free things. Why should something be free if it has some value? The whole purpose of the forex business is take money from others. If he is labelled commercial, that means he is selling something. Maybe you don't know it, but FF staff certainly does. You are not that naive, are you?

PS: please donlt advertise here for his EA with his fake backtests because your otherself might say you are his working girl! l I used to write EAs and know all the tricks regarding backtests.
Don't give up on your dreams. Keep sleeping.
  • #4,220
  • Oct 15, 2020 3:44am Oct 15, 2020 3:44am
Quoting OutThere
{quote} I don't see it that way. He is saying that there are other ways. What way? He has a way of his own. You find your way. There are lots of ways. The limitations that funders dictate take ways away from you as well as your money and your freedom. Their "trade management" is A trade management. One out of 1000's. No one needs to squeeze themselves to one way of trade management offered by not only people who have not a clue how to trade but also squeeze you in order to what else? Squeeze your money out. While everyone is tricked to think there...
Lmao More demo accounts. You're comfortable with having a 21k floating loss on a 42k balance? around 50% DD? cool, anyone can sit comfortably and watch that happen on a demo account, i'll be waiting to see you do it on a Live one.
Either ways, its all good if you're happy trading with 50% DD so long as you make profits, which its the ultimate goal, but not everyone is that loose or accommodating on risk.

100% profits on a 10k account with such large risks TAKEN WITH YOUR OWN MONEY is still absolutely nothing compared to 15% on a 100k account where the risk of loss is borne only by the Investor.

Do what you're comfortable with.
2 traders viewing now