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FTMO - For serious traders

  • #4,501
  • Nov 6, 2020 4:10am Nov 6, 2020 4:10am
Quoting Koop
{quote} I do agree that some profits from an funded accounts should be saved for future investments into a personal account should one choose to stop trading for FTMO or if by any chance something happens to the company ( i hope not). As i've said previously, FTMO musn't be the end goal, rather a means to securing enough funds build a stable capital base. btw, good looking on those long term gold positions.
100% Facts
Quantitative Algorithmic King
Angel MichealBot (Old v1) All Time Return: 2,489.8%
  • #4,502
  • Nov 6, 2020 4:11am Nov 6, 2020 4:11am
Quoting QuantiForex
{quote} Well that was an advice to ''People''Not directed as you personally...If you could do alone and dont need anyone maybe you should not be sharing your thoughts with other people..its just contrary to what you saying..You are old enough to do your research but dont think other users are also old enough to respect their comments and call people Idiots...You feel someone wants your failure that does not make them idiots lol..You can voice out your opinion it does not have to be abusive and violent..
Bcz you don't know what happened here few months back, all deleted ...some don't understand until you speak their own tone.
My last post here, heck I sound like paid rep of ftmo.
Let it flow all the free frigging advices.
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on a postive roll...
  • #4,503
  • Nov 6, 2020 4:22am Nov 6, 2020 4:22am
Quoting Rmg
{quote} Bcz you don't know what happened here few months back, all deleted ...some don't understand until you speak their own tone. My last post here, heck I sound like paid rep of ftmo. Let it flow all the free frigging advices. {image}
No love loss or hate bro..I just think if someone offends you or is maybe abusive thats all bad energy you dont need to respond with a negative energy too it just takes away from you and ads nothing to who or what you are..
Quantitative Algorithmic King
Angel MichealBot (Old v1) All Time Return: 2,489.8%
  • #4,504
  • Nov 6, 2020 12:41pm Nov 6, 2020 12:41pm
Quoting Rmg
{quote} Bcz you don't know what happened here few months back, all deleted ...some don't understand until you speak their own tone. My last post here, heck I sound like paid rep of ftmo. Let it flow all the free frigging advices. {image}
Here there are all kinds of energies, selfish, greedy, malicious people, here we are talking about money, there are many people who do not care about our problems, also people of all ages.
There are also others who are supportive, friendly, helpful.
It is better to read and trade in silence, not to count our mistakes or achievements, FTMO is important for almost all of us who participate in this forum, but it is better to limit to technical questions or some complaints
Be happy, friendly, humble and winner!!
  • #4,505
  • Nov 7, 2020 5:05am Nov 7, 2020 5:05am
Quoting Rmg
{quote} First 10% p/m is just to get funded, then 10% in 10 months also feasible if one can't afford to risk more. Intraday scalping or swing traders suits well into ftmo model. It is not easy, neither incredibly difficult. Failed 6 challenges, 7th is nearly there. For me FTMO is the best out there.
How many challenges can we retake without additional cost if did not meet the target profit as long as not exceeding the max daily loss & max loss?
  • #4,506
  • Nov 7, 2020 6:09am Nov 7, 2020 6:09am
Quoting TraderOtakar
{quote} In the Verification phase you have 60 calendar days to reach a profit of 5%. When the profit is reached (minimum 10 trading days), the Verification period is over and you become the FTMO trader. ............
Make this the first stage for 10% then 5% and 30 days for the other.
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #4,507
  • Nov 7, 2020 7:24am Nov 7, 2020 7:24am
Quoting skyf
{quote} Make this the first stage for 10% then 5% and 30 days for the other.
Yes - they would attract better (and safer) traders if they made the first part 10% in 60 days, not 30 days. But they wouldn't have 92% failing, so they'd lose income from challenges.

Quoting Jay3ast
{quote} How many challenges can we retake without additional cost if did not meet the target profit as long as not exceeding the max daily loss & max loss?
No limit, as long as you're also in profit (even $0.01) at the end of the 30 days and have traded on 10+ days.
  • #4,508
  • Nov 7, 2020 7:35am Nov 7, 2020 7:35am
Quoting Quickly
{quote} Yes - they would attract better (and safer) traders if they made the first part 10% in 60 days, not 30 days. But they wouldn't have 92% failing, so they'd lose income from challenges. {quote} No limit, as long as you're also in profit (even $0.01) at the end of the 30 days and have traded on 10+ days.
It's a simple explanation.

You filter out a lot of bad traders this way. First is the hard part then the easy part, simple.

If it was the other way around, you would have more people pass the 1st part of 5% profit, but they would fail the 2nd part of 10% profit anyway. And it's also less work for the company this way, not bothering with too many 1st parts done.
Anything above the line is an uptrend, below the line is a downtrend.
  • #4,509
  • Nov 7, 2020 7:44am Nov 7, 2020 7:44am
Quoting Degolep
If it was the other way around, you would have more people pass the 1st part of 5% profit, but they would fail the 2nd part of 10% profit anyway.
I'm sure that's true, and valid.

But that's not what skyf suggested, and not what I responded to: his suggestion was that the first part should be 10% profit but allow 60 days for it rather than the current 30 days, and then make the second part 5% in 30 days.
  • #4,510
  • Nov 7, 2020 7:50am Nov 7, 2020 7:50am
Has anyone seen incorrect numbers / missing trades in the ftmo metrix?
Doing the challenge and according to metatrader and objective I finished but:

  1. curve, daily journal and statistics (equity&balance is showing correct amount) are missing trades
  2. objectives and current results window are showing the correct numbers

  • #4,511
  • Nov 7, 2020 8:20am Nov 7, 2020 8:20am
http://forextraderportal.com/prop-tr...ho-love-scams/
Don't give up on your dreams. Keep sleeping.
  • #4,512
  • Nov 7, 2020 8:22am Nov 7, 2020 8:22am
FTMO wants only quality traders.
There are traders who achieved 10 % profit target in 30 days and got funded.
Tough challenge, yes, but possible.
In my first challenge i made 7 % in 12 trading days. Then 2 bad days. Those 2 bad days are due to my emergency work and coyld not manage my trading properly.
Then i stopped challenge on a positive note.
FTMO now offered me free challenge and yet to start.
Intraday only.
  • #4,513
  • Nov 7, 2020 8:46am Nov 7, 2020 8:46am
Quoting Artcool
http://forextraderportal.com/prop-tr...ho-love-scams/
I read the article.
He says, the prop firms make you to fail and collect money.
What i do not understand....if a trader can not finish with 0.01 % profit at the end of 30 days why to trade? Stop trading for ever orlearn to trade.
FTMO offers a trader more free challenge if ending 30 days in positive note.
Intraday only.
  • #4,514
  • Nov 7, 2020 8:53am Nov 7, 2020 8:53am
Quoting navk
{quote} I read the article. He says, the prop firms make you to fail and collect money. What i do not understand....if a trader can not finish with 0.01 % profit at the end of 30 days why to trade? Stop trading for ever orlearn to trade. FTMO offers a trader more free challenge if ending 30 days in positive note.
You got it. That is the answer to most of the above BS.

Can not Trade - Get off the Train!
  • #4,515
  • Nov 7, 2020 9:07am Nov 7, 2020 9:07am
I just applied for another free trial but when I input account details into my MT4 trading terminal, my terminal was showing no connection to FTMO-DEMO. The same details logged me into the account on web and on mobile MT4.

Can anyone help?
  • #4,516
  • Nov 7, 2020 9:23am Nov 7, 2020 9:23am
Quoting stirmatt
I just applied for another free trial but when I input account details into my MT4 trading terminal, my terminal was showing no connection to FTMO-DEMO. The same details logged me into the account on web and on mobile MT4. Can anyone help?
try this,
open the Open an Account window
and enter FTMO-DEMO using the green plus icon that says"add new broker ''BrokerName'
then click Scan once it finds the FTMO-DEMO server click on it
then click Next > button,
then enter the details using the Exiting trade account fields, toggle Save password then click Finish button
“The only true wisdom is in knowing you know nothing.”
  • #4,517
  • Nov 7, 2020 9:50am Nov 7, 2020 9:50am
Quoting NickBixy
{quote} try this, open the Open an Account window and enter FTMO-DEMO using the green plus icon that says"add new broker ''BrokerName' then click Scan once it finds the FTMO-DEMO server click on it then click Next > button, then enter the details using the Exiting trade account fields, toggle Save password then click Finish button
Thanks. It's working now
  • #4,518
  • Nov 7, 2020 1:26pm Nov 7, 2020 1:26pm
I have quick question. If i hold winning positions through the night for example 10% in profit and next day they decline to say 4% but still in profit. Does that violate daily loss limit? Technically they declined by 6% but idk how is it being treated with floating positions.
  • #4,519
  • Nov 7, 2020 1:35pm Nov 7, 2020 1:35pm
Quoting Draqn
I have quick question. If i hold winning positions through the night for example 10% in profit and next day they decline to say 4% but still in profit. Does that violate daily loss limit? Technically they declined by 6% but idk how is it being treated with floating positions.
Easy dont hold possisions over night...Be flat...
Insanityoing same ting over expecting different results..Einstein
  • #4,520
  • Nov 7, 2020 1:41pm Nov 7, 2020 1:41pm
I am more of a swing trader and like to hold positions throught couple of days so that's what i am asking. I could close positions and then reopen them in next day but still bit of inconvienent. I would live to know how is it being treated, is it being considered as a loss or not.
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