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FTMO - For serious traders

  • #5,601
  • Feb 7, 2021 7:01am Feb 7, 2021 7:01am
Thank you all guys who responded and offered wishes.

My next challenge ( not evaluation ) starts when i start trading as Funded trader.

I know, the daily max loss 5 %, in any day is important to survive in the funded account.

I am targeting less % ( may be 3 to 5 % ) returns every month and will reduce the lot size.

For challenge and verification, I was trading 4 to 5 lots max with 100k deposit. And at times, scalped with 6 lots at support/resistance but only for 10 pips.

I will reduce to 2 to 3 lots for funded account, which shall be safe.

Let us see. Discipline is very important.
Intraday only.
  • #5,602
  • Feb 7, 2021 7:56am Feb 7, 2021 7:56am
Quoting nikosk0
i wanted to sort and i didnt cause of stupid "no news trading" rule on nfp. was hoping i might get my entry 2 minutes later since the rules allow it after 2 minutes i also closed my eu long early cause it didnt hit tp and nfp was aroudn the corner. charts dont care about news, PA + market structure is king of all stupid rules, i am pissed off right now. i didnt get the money i wanted, had to exit AND NOT ENTER cause of news...... {image} {image}
You can aways open trades hours before the news, and let them "flow".
  • #5,603
  • Feb 7, 2021 10:05am Feb 7, 2021 10:05am
Quoting navk
Finished my verification process today. How many more days to wait ? Funded traders know this better. Will appreciate their response. {image}
congratulations. did you follow your 20 stop 20 tp method in the challenge?
MA provides the market's current direction and strength.
  • #5,604
  • Feb 7, 2021 12:07pm Feb 7, 2021 12:07pm
Quoting DuckHunter
Any idea how does longer term trading work on FTMO? Not the Challenge and Verification stages, but the actual verified stage. Because FTMO claims to allow swing trading and other longer term trading strategies but traders have to close their positions when market is closed. So, if i were to enter on a position during the friday, swing trading strat applied, does it mean that i have to close it before New York session closes? If so, then longer term trading strategy isnt going to work well with FTMO, isnt it? What other ways are there to go about...
can not have possisions open over weekend have to be flat...When funded during challenge and verification i think you can not sure..
Insanityoing same ting over expecting different results..Einstein
  • #5,605
  • Feb 7, 2021 12:40pm Feb 7, 2021 12:40pm
I don't see BTC in FTMO platform.
Do you observe the same?
MA provides the market's current direction and strength.
  • #5,606
  • Feb 7, 2021 12:59pm Feb 7, 2021 12:59pm
Quoting hasib
I don't see BTC in FTMO platform. Do you observe the same?
no, it's there...
xbtusd was previous symbol.
btcusd now.
  • #5,607
  • Feb 7, 2021 2:40pm Feb 7, 2021 2:40pm
Quoting FXsniper111
{quote} can not have possisions open over weekend have to be flat...When funded during challenge and verification i think you can not sure..
I am a swing trader. I simply close it and open it back up on Sunday evening. Sometimes, you lose a few pips, sometimes you enter at an even better price. It all evens out.
  • #5,608
  • Feb 8, 2021 12:24am Feb 8, 2021 12:24am
Quoting navk
Finished my verification process today. How many more days to wait ? Funded traders know this better. Will appreciate their response. {image}
good job mate. for me it was no more that 1 day on both occasions. on one it was the exact same day. ita can take up to 5 tho
offering my system to copy trade. check my link
  • #5,609
  • Feb 8, 2021 12:40am Feb 8, 2021 12:40am
Quoting DuckHunter
Any idea how does longer term trading work on FTMO? Not the Challenge and Verification stages, but the actual verified stage. Because FTMO claims to allow swing trading and other longer term trading strategies but traders have to close their positions when market is closed. So, if i were to enter on a position during the friday, swing trading strat applied, does it mean that i have to close it before New York session closes? If so, then longer term trading strategy isnt going to work well with FTMO, isnt it? What other ways are there to go about...
you have to tell them that you want to leave a certain position oppen.
if they agree you can do that
offering my system to copy trade. check my link
  • #5,610
  • Feb 8, 2021 12:43am Feb 8, 2021 12:43am
Quoting vasal
{quote} You can aways open trades hours before the news, and let them "flow".
i know , i do it at times.
but it was a 30 lots position. made 6k was targeting around 20k on that position. stop was at be so in casse price came back i would have acount invalidation. took my 6k n out
offering my system to copy trade. check my link
  • #5,611
  • Feb 8, 2021 5:18am Feb 8, 2021 5:18am
I am done with finalizing contract requirements.

Will wait for credentials.
Intraday only.
  • #5,612
  • Feb 8, 2021 6:51am Feb 8, 2021 6:51am
Quoting navk
I am done with finalizing contract requirements. Will wait for credentials.
good job dude, be conservative with your funded account, green pips from now on! going to start a challenge also tomorrow
  • #5,613
  • Feb 8, 2021 7:05am Feb 8, 2021 7:05am
Quoting nikosk0
{quote} you have to tell them that you want to leave a certain position oppen. if they agree you can do that
Hey nikosk0, thanks for replying

Is it common practice? Because its like im going trouble them.
Hi bye mai hai
  • #5,614
  • Feb 8, 2021 7:19am Feb 8, 2021 7:19am
Oops. Another question.

The MT4 charts doesnt seem to be the most accurate. Theres some gaps that isnt shown in other charting and candles missing at times. Im trading the Hourly TF. Anyone have any idea why it so?

And what charting softwares would one recommend instead? Im using Oanda's FXTrade but their charts hang quite abit.

I'm also considering TradingView and maybe Investing.com's Interactive Charts. But i wonder if the lines and indicators i use will be erased or not after i close the browser.
Hi bye mai hai
  • #5,615
  • Feb 8, 2021 7:30am Feb 8, 2021 7:30am
Quoting Rayder4Life
{quote} good job dude, be conservative with your funded account, green pips from now on! going to start a challenge also tomorrow
Quoting navk
I am done with finalizing contract requirements. Will wait for credentials.
Good luck guys!
  • #5,616
  • Feb 8, 2021 8:07am Feb 8, 2021 8:07am
Completing challenge, anyone else's quotes frozen?
  • #5,617
  • Feb 8, 2021 8:09am Feb 8, 2021 8:09am
Quoting langtoni
Completing challenge, anyone else's quotes frozen?
Yep - platform is frozen!!
  • #5,618
  • Feb 8, 2021 8:09am Feb 8, 2021 8:09am
Quoting langtoni
Completing challenge, anyone else's quotes frozen?
yes, for some time now, GBPUSD price not moving, may be 2 minutes
Intraday only.
  • #5,619
  • Feb 8, 2021 8:09am Feb 8, 2021 8:09am
That's annoying
  • #5,620
  • Feb 8, 2021 8:12am Feb 8, 2021 8:12am
Quoting langtoni
That's annoying
Especially if you were in a trade and when it comes on, you're a thousand bucks down!
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