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FTMO - For serious traders

  • #5,461
  • Jan 31, 2021 4:09am Jan 31, 2021 4:09am
Quoting navk
{quote} ok.
Do you know why the numbers are so different??? That's an interesting topic

FTMO what 120% yearly am I right in thinking that??
  • #5,462
  • Jan 31, 2021 5:32am Jan 31, 2021 5:32am
Quoting Ross88
{quote} Do you know why the numbers are so different??? That's an interesting topic FTMO what 120% yearly am I right in thinking that??
What are you talking about man?
  • #5,463
  • Jan 31, 2021 5:47am Jan 31, 2021 5:47am
Quoting Ross88
{quote} Do you know why the numbers are so different??? That's an interesting topic FTMO what 120% yearly am I right in thinking that??
Nope you are wrong only 1nce you have to make 10% 2nd time 5% the rest is free you can make 0% but you don't get payed....
  • #5,464
  • Jan 31, 2021 6:01am Jan 31, 2021 6:01am
Quoting Ross88
{quote} Do you know why the numbers are so different??? That's an interesting topic FTMO what 120% yearly am I right in thinking that??
I dont get you.
Intraday only.
  • #5,465
  • Jan 31, 2021 7:57am Jan 31, 2021 7:57am
Quoting Koop
{quote} What are you talking about man?
After looking at FTMO website I mistakenly believed you were expected to get 10% per month but I have previously read the yearly 20% to 30% figure I was just looking for some clarity as I am very interested in the FTMO business model

You seem a little bit defensive you should work on that
  • #5,466
  • Edited 8:13am Jan 31, 2021 8:00am | Edited 8:13am
Quoting mizi123
{quote} Nope you are wrong only 1nce you have to make 10% 2nd time 5% the rest is free you can make 0% but you don't get payed....
Thanks for your replyw

what happens if you lose money? And what happens if you make money but do not wish to withdraw it? So that you can compound your profits

This seems like a great business model for the funded trader but also for FTMO it's really looks like a win win situation to me
  • #5,467
  • Edited 8:12am Jan 31, 2021 8:01am | Edited 8:12am
Quoting navk
{quote} I dont get you.
Thanks that was very informative FTMO should employ you to promotion their business model you would do a great job
  • #5,468
  • Jan 31, 2021 8:34am Jan 31, 2021 8:34am
Quoting Ross88
{quote} Thanks that was very informative FTMO should employ you to promotion their business model you would do a great job
Actually you are doing more then he does?!!!
on a postive roll...
  • #5,469
  • Jan 31, 2021 8:42am Jan 31, 2021 8:42am
Quoting Ross88
{quote} Thanks for your replyw what happens if you lose money? And what happens if you make money but do not wish to withdraw it? So that you can compound your profits This seems like a great business model for the funded trader but also for FTMO it's really looks like a win win situation to me
Most of us are frigging lazy....

https://ftmo.com/en/faq/how-do-i-withdraw-my-profits/
Attached Image (click to enlarge)
Click to Enlarge Name: ftmo.png Size: 99 KB
on a postive roll...
  • #5,470
  • Jan 31, 2021 8:43am Jan 31, 2021 8:43am
Its weekend, There is always a clown or another to entertain. Thanks.
on a postive roll...
  • #5,471
  • Jan 31, 2021 9:05am Jan 31, 2021 9:05am
Quoting Ross88
{quote} After looking at FTMO website I mistakenly believed you were expected to get 10% per month but I have previously read the yearly 20% to 30% figure I was just looking for some clarity as I am very interested in the FTMO business model You seem a little bit defensive you should work on that

Lol defensive? i think you're reading it wrong, i was genuinely confused. Your statement about numbers didn't have anything to do with the comment you quoted, plus the 120% remark means you haven't taken proper time to research into the business you're interested in before beginning to make assumptions.

Quoting Ross88
{quote} Thanks that was very informative FTMO should employ you to promotion their business model you would do a great job
lol look who's being defensive now. the man clearly didn't understand your unclear question. Can't blame him.
  • #5,472
  • Edited 10:10am Jan 31, 2021 9:40am | Edited 10:10am
Quoting Ross88
{quote} Thanks that was very informative FTMO should employ you to promotion their business model you would do a great job
I will have a contract with them in roughly 7 days.

It is life changing opportunity they offer to me and I genuinely thank FTMO for the same.

I agree that their business model is tough, but that is how a business goes.

I failed two challenges, third one, Learnt the tricks, I passed. Verification, profit target done in 3 days.

You must do the same, if you are interested in huge fund.
Intraday only.
  • #5,473
  • Jan 31, 2021 10:17am Jan 31, 2021 10:17am
Quoting navk
{quote} I will have a contract with them in roughly 7 days. It is life changing opportunity they offer to me and I genuinely thank FTMO for the same. I agree that their business model is tough, but that is how a business goes. I failed two challenges, third one, Learnt the tricks, I passed. Verification, profit target done in 3 days. You must do the same, if you are interested in huge fund.

What are the tricks you manage to overcome, beside the usual that are written: max drawdown or max daily de ?
I'm asking because I passed 3 free trials and want to start next week the actual challenge.

So, any advice is appreciated
Thanks
  • #5,474
  • Jan 31, 2021 10:28am Jan 31, 2021 10:28am
Quoting navk
{quote} I will have a contract with them in roughly 7 days. It is life changing opportunity they offer to me and I genuinely thank FTMO for the same. I agree that their business model is tough, but that is how a business goes. I failed two challenges, third one, Learnt the tricks, I passed. Verification, profit target done in 3 days. You must do the same, if you are interested in huge fund.
Congratulations I hope you make the best of the opportunity

All the best mate
  • #5,475
  • Jan 31, 2021 10:29am Jan 31, 2021 10:29am
Quoting bradu
{quote} What are the tricks you manage to overcome, beside the usual that are written: max drawdown or max daily de ? I'm asking because I passed 3 free trials and want to start next week the actual challenge. So, any advice is appreciated Thanks
I concentrated only in 1 pair.

GBPUSD.

I traded only London session.

For verification.

Max, 4 lots traded anytime.

At support or resistance, quick 10 pips with 1 lots or more.

It is only for me though.
Intraday only.
  • #5,476
  • Jan 31, 2021 10:36am Jan 31, 2021 10:36am
Quoting navk
{quote} I concentrated only in 1 pair. GBPUSD. I traded only London session. For verification. Max, 4 lots traded anytime. At support or resistance, quick 10 pips with 1 lots or more. It is only for me though.
Thanks for your answer.
I wasn't looking for trading advice, i thought there were some problems that I didn't find in free challenge..
More, free challenge was on mt4, but now I will do it on ctrader.

Anyway, thanks again
  • #5,477
  • Feb 1, 2021 4:59am Feb 1, 2021 4:59am
Tomas, thank you for addressing the pip measurement issues in cTrader for XAG and XAU. Could you also please change them for the oil instruments.
  • #5,478
  • Feb 1, 2021 8:37pm Feb 1, 2021 8:37pm
getting bored, no trading, no challenge, no target...

just waiting for minimum 10 days to complete for my verification.

5 days finished.

I asked FTMO chat service if I can start 2 nd 100k challenge with the refund money.

They said, refund is eligible only after first profit split.
Intraday only.
  • #5,479
  • Feb 1, 2021 9:47pm Feb 1, 2021 9:47pm
A clarification required from Tomas - FTMO

As a funded trader, minimum 10 days should be traded in a month. That is fine.

Minimum 50 % days traded shall be profitable ? Is there such rule ?
Intraday only.
  • #5,480
  • Feb 1, 2021 10:53pm Feb 1, 2021 10:53pm
Quoting navk
A clarification required from Tomas - FTMO As a funded trader, minimum 10 days should be traded in a month. That is fine. Minimum 50 % days traded shall be profitable ? Is there such rule ?
no its an old rule, they got rid of it.
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