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FTMO - For serious traders

  • #5,481
  • Feb 1, 2021 10:59pm Feb 1, 2021 10:59pm
Quoting Takisd
{quote} no its an old rule, they got rid of it.
oh, ok. Thanks for clarification.
Intraday only.
  • #5,482
  • Feb 2, 2021 4:24am Feb 2, 2021 4:24am
Quoting ice20
Can someone please help me understand the new commissions at FTMO. ...
1 Dow Jones futures contract has a nominal value of $5 x DJIA.
... 1 Futures contract would cost $150 in commissions?
Good question.

Another popular prop trading company charges for a YM ($5) Future Round Turn (R/T) of 2.68 to 4.50 dollars depending on the platform.

A point brings profit.
  • #5,483
  • Feb 2, 2021 4:54am Feb 2, 2021 4:54am
Quoting dexi
{quote} Good question. Another popular prop trading company charges for a YM ($5) Future Round Turn (R/T) of 2.68 to 4.50 dollars depending on the platform. A point brings profit.

After testing on the free trial account, it looks like the percent commission is charged on the contract price, not the underlying value. (1 contract at ~$30,000 came to ~$3 in commissions).

I was initially confused because I know some brokers charge their CFD commissions based on the underlying value of the contract - which makes them unprofitable to trade.
  • #5,484
  • Feb 2, 2021 9:14am Feb 2, 2021 9:14am
motivational only. each line represents 5% balance growth. very nice break-out from the 10%, am gonna try and keep up this trend of my balance.
split day is on 14/2/2021, i got 8 more days to make my balance pop through the roof, i hope i wont mess this up

for all the unfortunate out there, dont loose hope, slow and steady, be comfortable with your trades, let'em grow and make you profit
Attached Image
offering my system to copy trade. check my link
  • #5,485
  • Feb 2, 2021 9:29am Feb 2, 2021 9:29am
Quoting nikosk0
motivational only. each line represents 5% balance growth. very nice break-out from the 10%, am gonna try and keep up this trend of my balance. split day is on 14/2/2021, i got 8 more days to make my balance pop through the roof, i hope i wont mess this up for all the unfortunate out there, dont loose hope, slow and steady, be comfortable with your trades, let'em grow and make you profit {image}
ha..ha..

Intraday only.
  • #5,486
  • Feb 2, 2021 9:30am Feb 2, 2021 9:30am
Quoting nikosk0
motivational only. each line represents 5% balance growth. very nice break-out from the 10%, am gonna try and keep up this trend of my balance. split day is on 14/2/2021, i got 8 more days to make my balance pop through the roof, i hope i wont mess this up for all the unfortunate out there, dont loose hope, slow and steady, be comfortable with your trades, let'em grow and make you profit {image}
how many 100k accounts you have with FTMO ?
Intraday only.
  • #5,487
  • Feb 2, 2021 9:39am Feb 2, 2021 9:39am
wew just passed my 3rd challenge. So I have 2 verifications to do next week
  • #5,488
  • Feb 2, 2021 9:43am Feb 2, 2021 9:43am
Quoting Takisd
wew just passed my 3rd challenge. So I have 2 verifications to do next week
Congrats, keep it up.
Intraday only.
  • #5,489
  • Feb 2, 2021 9:57am Feb 2, 2021 9:57am
Quoting navk
{quote} how many 100k accounts you have with FTMO ?
2 merged, i'll go for 3rd once i get my share.

my only fear is screwing it up cause i didnt check for restricted events
offering my system to copy trade. check my link
  • #5,490
  • Feb 2, 2021 10:10am Feb 2, 2021 10:10am
Quoting nikosk0
{quote} 2 merged, i'll go for 3rd once i get my share. my only fear is screwing it up cause i didn't check for restricted events
Do you analyze charts on Mt4 or Tradingview or on mobile?

If MT4, just search the forums for one of those indicators that display upcoming news events at the corner of the charts.
  • #5,491
  • Feb 2, 2021 10:16am Feb 2, 2021 10:16am
taking trades at " support/resistance " is key.

One can buy or sell. No issues.

was playing with demo today.
Attached Image (click to enlarge)
Click to Enlarge Name: FTMO MetaTrader 4.png Size: 241 KB
Intraday only.
  • #5,492
  • Feb 2, 2021 10:26am Feb 2, 2021 10:26am
Quoting nikosk0
{quote} 2 merged, i'll go for 3rd once i get my share. my only fear is screwing it up cause i didnt check for restricted events
everyday, when daily max loss is reset to 5 % and we need to ensure the same, second thing what we need to do is to check the restricted event for that day and mark the same in chart, so that we do not forget.
Intraday only.
  • #5,493
  • Feb 2, 2021 2:05pm Feb 2, 2021 2:05pm
Quoting TrendTrader1
Hi guys, just wanted to share our experience with passing the FTMO challenge successfully using our custom indicator. For those who are looking to do the challenge and pass successfully its worth checking out. Cheers. https://www.forexfactory.com/thread/...0#post13391100
this isn't a place for sales. Please don't post your advertising in here.
  • #5,494
  • Feb 3, 2021 5:42am Feb 3, 2021 5:42am
Quoting TrendTrader1
Hi guys, just wanted to share our experience with passing the FTMO challenge successfully using our custom indicator. For those who are looking to do the challenge and pass successfully its worth checking out. Cheers. https://www.forexfactory.com/thread/...0#post13391100
this guy is asking for $2500 for that indicator that only had 20 trades with an average of around 8-10 lots per trade, you can clearly see its been proven to work for a long time in the markets (sarcastic obviously)
  • #5,495
  • Feb 3, 2021 6:41am Feb 3, 2021 6:41am
Basic reality check: anyone who sells systems and indicators can't make any profit from them that's why they have to sell them to others.
  • #5,496
  • Feb 3, 2021 6:58am Feb 3, 2021 6:58am
Quoting Takisd
{quote} this isn't a place for sales. Please don't post your advertising in here.
My apologies was not intending to come across like that. I've removed the post. Thank you.
https://beasttradingsoftware.com
  • #5,497
  • Feb 3, 2021 7:01am Feb 3, 2021 7:01am
Quoting Rayder4Life
{quote} this guy is asking for $2500 for that indicator that only had 20 trades with an average of around 8-10 lots per trade, you can clearly see its been proven to work for a long time in the markets (sarcastic obviously)
Hi Rayder4Life, I think you misunderstood something somewhere, our indicator does not cost $2500, I think you were reading about a promotion to buy the source code of an older version of our indicator, not the latest version. Anyway I don't want to discuss this further here as its not related to FTMO, you welcome to ask questions in our official thread, thank you. Have a good day.
https://beasttradingsoftware.com
  • #5,498
  • Feb 3, 2021 9:16am Feb 3, 2021 9:16am
Quoting TrendTrader1
{quote} Hi Rayder4Life, I think you misunderstood something somewhere, our indicator does not cost $2500, I think you were reading about a promotion to buy the source code of an older version of our indicator, not the latest version. Anyway I don't want to discuss this further here as its not related to FTMO, you welcome to ask questions in our official thread, thank you. Have a good day.
You know perfectly well why you came here. You came here to solicit rookie traders to come over to your thread to sell them "system", without any regards that they will loose money with it.

So stop apologizing for being here for a money grab and take it as a man - You are a piece of shit salesman.
  • #5,499
  • Feb 3, 2021 11:33am Feb 3, 2021 11:33am
Quoting driven18
{quote} You know perfectly well why you came here. You came here to solicit rookie traders to come over to your thread to sell them "system", without any regards that they will loose money with it. So stop apologizing for being here for a money grab and take it as a man - You are a piece of shit salesman.
I wasn't going to respond to you, but your reply is very rude and offensive.

You are assuming people will lose money using our products? That's a big false assumption to make, but I'll let it go as you clearly are not familiar with our products and company or you wouldn't make such an assumption without valid proof, on the other hand I can prove you otherwise. We would never share or sell something that doesn't work so perhaps do a little research on us first before laying out your obscenities here on a public forum.

Your insults only show the type of rude low class person you are and as a professional I will not engage with you any longer. Good day.
https://beasttradingsoftware.com
  • #5,500
  • Feb 3, 2021 11:39am Feb 3, 2021 11:39am
Quoting TrendTrader1
{quote} I wasn't going to respond to you, but your reply is very rude and offensive. You are assuming people will lose money using our products? That's a big false assumption to make, but I'll let it go as you clearly are not familiar with our products and company or you wouldn't make such an assumption without valid proof, on the other hand I can prove you otherwise. We would never share or sell something that doesn't work so perhaps do a little research on us first before laying out your obscenities here on a public forum. Your insults only show...

yeh just move on. I took the polite approach and thank you for removing the post.

Forex is filled with people who are selling something, 99.99% of those somethings are junk. The burden is more on the seller than the user for authentication and validation thats why you have a thread and thats where people can observe/authenticate your claims.

Take care.
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