hello folks
i had joined the forum 9 years ago, but sadly i lost the login details. so i just discovered this type of business and joined this forum again to have more discussion about the program and share experience.
I still confused. i can't comprehend the Idea behind such programs, as I understood from FTMO objective they risk their money asking you just 1% and 20 profitable trading days.
for $100.000 they ask upfront payment about $1000 and percentage that can be achieved in 20 days.
If i got it right, that would be huge losses if trader passed the challenge and failed on real account .. ! they could loss up to $10.000 and we just pay them $1000.
am i missing something guys ?
I have just registered with them and started 14days free trial.
i had joined the forum 9 years ago, but sadly i lost the login details. so i just discovered this type of business and joined this forum again to have more discussion about the program and share experience.
I still confused. i can't comprehend the Idea behind such programs, as I understood from FTMO objective they risk their money asking you just 1% and 20 profitable trading days.
for $100.000 they ask upfront payment about $1000 and percentage that can be achieved in 20 days.
If i got it right, that would be huge losses if trader passed the challenge and failed on real account .. ! they could loss up to $10.000 and we just pay them $1000.
am i missing something guys ?
I have just registered with them and started 14days free trial.