FTMO - For serious traders | Page 307 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

$1,000,000.00 and Beyond ft. FTMO 29 replies

AkaMRP FTMO Journey 45 replies

FTMO Challenge.... How to beat....? 28 replies

FTMO Challenge; Could Survived? 41 replies

FTMO Challenge & Max Drawdown Issue 5 replies

Attachments: FTMO - For serious traders
Exit Attachments

FTMO - For serious traders

  • #6,121
  • Mar 15, 2021 5:25am Mar 15, 2021 5:25am
Quoting PaulMF
{quote} Please be more polite. I agree with jmoreno in some way. I don't think a 10% monhly makes too much sense but I wouldn't talk about people brightness because of thinking it is possible.
I see you have some rapport with Moreno on some other thread so you may be a little sympathetic towards him. I'm not.
You don't waltz into anywhere and just start spamming accusatory and defamatory posts and replies towards a business without proof nor research,while ignoring every attempt made to explain things to you. That is not polite.

Secondly, i suggest you visit the FTMO website to learn more so you don't end up making wrong conclusions as he has deliberately chosen to do.

FTMO does not require traders to make 10% consistently or monthly. It is required only once, during the 30 day challenge.
Once you pass the challenge and 5% in 60 days verification thus earning your funded account, there are no targets. You are free to earn whatever you want, even $1. Hell, you are allowed to even be at a loss so long as you don't breach the daily 5% risk limit and max 10%.
  • #6,122
  • Mar 15, 2021 5:25am Mar 15, 2021 5:25am
can someone block this clown Jmoreno, this is getting ridiculous, i havent seen so much retardness on a post in my life.
  • #6,123
  • Mar 15, 2021 5:31am Mar 15, 2021 5:31am
Quoting tradista
Yes making 10% a month consistently over the course of many months is being an outstanding trader, and you surely are beating a lot of pseudo-professionals, no doubt about it. Of course all respectful opinions are welcome as long as they are not flamed, gross and pointless, bringing nothing to the discussion, which hasn't been the case, thus my answer to that gentleman who is wasting everyone's time and attention.
In my opinion is not an outstanding trader, we would be talking about a real killer. Professionals don't handle those figures.

These figures you mention are (10% monthly):
- $9,270,906,881 in 10 years if you start with a capital of $100,000.
- $3,708,362,752 in 10 years if you start with a capital of $40,000.
- $927,090,688 in 10 years if you start with a capital of $10,000
- $92,709,068 in 10 years if you start with a capital of $1,000

- $28,228,209,274 in 15 years if you start with a capital of $1,000.

With a few outstanding traders, FTMO will double the Czech Republic GDP (company country) in a matter of few years.

So even those outstanding traders from low income countries will become the most richest people in the world by starting with a $1,000 capital.

Quote
thus my answer to that gentleman who is wasting everyone's time and attention.

I find useful jmoreno's opinions in this thread because precisely he is just trying what you mention: avoid everyone of wasting their time. Maybe he is wrong but without any doubt his intentions are good.
Always ready to help
  • #6,124
  • Mar 15, 2021 5:36am Mar 15, 2021 5:36am
Quoting Koop
{quote} I see you have some rapport with Moreno on some other thread so you may be a little sympathetic towards him. I'm not. You don't waltz into anywhere and just start spamming accusatory and defamatory posts and replies towards a business without proof nor research,while ignoring every attempt made to explain things to you. That is not polite. Secondly, i suggest you visit the FTMO website to learn more so you don't end up making wrong conclusions as he has deliberately chosen to do. FTMO does not require traders to make 10% consistently or...
I will some rapport with all of you.

As I said, I don't think they are scammers and have visit their website. I don't make wrong conclusions. And I haven't made public my opinion, just demaning respect to other's opinions.
Always ready to help
  • #6,125
  • Mar 15, 2021 5:40am Mar 15, 2021 5:40am
Quoting PaulMF
{quote} In my opinion is not an outstanding trader, we would be talking about a real killer. Professionals don't handle those figures. These figures you mention are (10% monthly): - $9,270,906,881 in 10 years if you start with a capital of $100,000. - $3,708,362,752 in 10 years if you start with a capital of $40,000. - $927,090,688 in 10 years if you start with a capital of $10,000 - $92,709,068 in 10 years if you start with a capital of $1,000 - $28,228,209,274 in 15 years if you start with a capital of $1,000. With a few outstanding traders, FTMO...
Feel free to believe what you want. I'm not going to engage in rethorical considerations as you obviously are more into spreadsheet hipotesis calculations. If you've been in this business at the retail level for some years you'll know what is possible under what circunstances and limitations.
  • #6,126
  • Mar 15, 2021 5:41am Mar 15, 2021 5:41am
Quoting PaulMF
{quote} Please be more polite. I agree with jmoreno in some way. I don't think a 10% monhly makes too much sense but I wouldn't talk about people brightness because of thinking it is possible.
they have already repeatedly admitted that this "pay to play a demo account" is a scam..

they say that i am the millionth person to suggest that this is a scam? oh my, somehow i believe it.

to pay a fee to "play a demo account" is the silliest thing i have every heard, but one man said that he likes the competition that it creates, lol.. i am sorry, wasnt trading already competetive without us being charged a fee to play a demo account?

and the 10% profit per month requirement? that is a substantial number right there, and then you are not allowed to draw down more than HALF OF THAT? this creates odds that are somewhere between highly unlikely and impossible to achieve.

traders that knowingly show up to pay to play a demo account reminds me of paying to attend a private cannibal's convention.

the business of trading has become corrupted with financial perversion.

these scammers are of a breed that i am familiar with, they are brazen and they will lie while smiling at you.

god has definitely left the room.
  • #6,127
  • Mar 15, 2021 5:48am Mar 15, 2021 5:48am
Quoting Koop
{quote} Like someone said earlier, you don't seem very bright. It's was initially entertaining though, i'll give you that. Your lazy ass couldn't search the thread for proof of veteran or long time FF traders who got paid but you keep hurling accusations of FTMO planning to scam people and not pay anything. People have been getting paid for months before your slow ass showed up. Look up this page. There's one of them named "Karmostaji". Click on his profile and look through his images posted and you'll be sure to find a payment or two. You're just...
Karmostaji has had some issues with FTMO hopefully he will gave us more details on his issues
Attached Image (click to enlarge)
Click to Enlarge Name: d50d4f313000a569b7eb92fc1550eae0.png Size: 32 KB


Quoting karmostaji
{quote} Their service and customer support is very bad and most of them don't even have a proper understanding of their own rules LOL, and expect them to change/make up rules whenever n however they like. They will BS successful traders in order not to pay etc..
What type of BS have they done to not pay out??
  • #6,128
  • Mar 15, 2021 6:01am Mar 15, 2021 6:01am
Quoting tradista
{quote} Feel free to believe what you want. I'm not going to engage in rethorical considerations as you obviously are more into spreadsheet hipotesis calculations. If you've been in this business at the retail level for some years you'll know what is possible under what circunstances and limitations.
There aren't rethorical considerations in my post and I'm not more into spreadsheet hipothesis calculations. There is no need for a spreadsheet to calculate this.
Always ready to help
  • #6,129
  • Mar 15, 2021 6:36am Mar 15, 2021 6:36am
Quoting PaulMF
{quote} I will some rapport with all of you. As I said, I don't think they are scammers and have visit their website. I don't make wrong conclusions. And I haven't made public my opinion, just demaning respect to other's opinions.
I have corrected you in my previous post and you are still talking about 10% monthly, yet you claim to not make wrong conclusions?

You are not required to make 10% monthly!!!

how many times must one say it? You are expected to make 10% only once in the challenge stage. There are no profit targets after the test period. Geez.
Your whole argument is based on a wrong premise/conclusion.

And Jmoreno the due diligence officer is repeating the same thing.
  • #6,130
  • Mar 15, 2021 6:36am Mar 15, 2021 6:36am
Quoting Ross88
{quote} Karmostaji has had some issues with FTMO hopefully he will gave us more details on his issues {image} {quote} What type of BS have they done to not pay out??
I was replying to the guy talking about FundingTalent and not FTMO.

I've had excellent experience with FTMO, I've withdrawn more than $40K and no issues at all with FTMO, legit 100%
Trade what you see, not what you think.
  • #6,131
  • Mar 15, 2021 6:37am Mar 15, 2021 6:37am
Quoting Ross88
{quote} Karmostaji has had some issues with FTMO hopefully he will gave us more details on his issues {image} {quote} What type of BS have they done to not pay out??
Not with FTMO, read His post again, he is speaking in reference to the post he quoted which was regarding another prop firm - Funding Talent. Not FTMO.
  • #6,132
  • Mar 15, 2021 6:41am Mar 15, 2021 6:41am
Quoting karmostaji
{quote} I was replying to the guy talking about FundingTalent and not FTMO. I've had excellent experience with FTMO, I've withdrawn more than $40K and no issues at all with FTMO, legit 100%
40K? Wow that sounds amazing!!

You got any proof of that? It would certainly give the punters here some encouragement!
  • #6,133
  • Mar 15, 2021 6:52am Mar 15, 2021 6:52am
Quoting Mtinifx
{quote} 40K? Wow that sounds amazing!! You got any proof of that? It would certainly give the punters here some encouragement!
haha the second time you need proof from him Mtini


Attached Image (click to enlarge)
Click to Enlarge Name: image_2021-03-15_125142.png Size: 234 KB
  • #6,134
  • Mar 15, 2021 7:04am Mar 15, 2021 7:04am
Sounds very interesting. It is an opportunity for some good traders to trade with relatively bigger amount. However, I believe trading investment is never an issue for a genuine trader.
  • #6,135
  • Mar 15, 2021 7:08am Mar 15, 2021 7:08am
Quoting Koop
{quote} I have corrected you in my previous post and you are still talking about 10% monthly, yet you claim to not make wrong conclusions? You are not required to make 10% monthly!!! how many times must one say it? You are expected to make 10% only once in the challenge stage. There are no profit targets after the test period. Geez. Your whole argument is based on a wrong premise/conclusion. And Jmoreno the due diligence officer is repeating the same thing.
Please don't correct me as I didn't say anything wrong. I wouldn't do that to you.

You are right, no text at FTMO says you have to do 10% after the second month. But they do say you have to do 10% in the first month and 5% in the second month and that you have to pay to prove you are capable of doing that.

They say in the first step of the verification:
Quote
Prove your trading skills and discipline in observing the Trading Objectives.
(Among trading objectives there are: 10% in the first month)

And they also say in the final step (the one that makes you a trader of the firm):
Quote
If you consistently generate profits on your FTMO Account, we can scale your account according to our Scaling Plan.

What's you opinion? What they mean by "consistently generate profits"? It's not my conclusion and I will appreciate your opinion or knowledege about this thing. What do you think is their expected monthly return in percentage terms?


And I just exposed how difficult are those figures.
Always ready to help
  • #6,136
  • Mar 15, 2021 7:20am Mar 15, 2021 7:20am
Quoting PaulMF
{quote} Please don't correct me as I didn't say anything wrong. I wouldn't do that to you. You are right, no text at FTMO says you have to do 10% after the second month. But they do say you have to do 10% in the first month and 5% in the second month and that you have to pay to prove you are capable of doing that. They say in the first step of the verification:{quote} (Among trading objectives there are: 10% in the first month) And they also say in the final step (the one that makes you a trader of the firm): {quote} What's you opinion? What they...
It's not a matter of what i think Paul, it's what i and every other regular or FTMO trader on this thread knows.

There is no expected monthly return after the challenge and verification!!!

10% for Challenge, 5% for verification. Earn your funded account and then trade as you like while respecting Drawdown rules . No targets or expected monthly returns.
  • #6,137
  • Mar 15, 2021 7:25am Mar 15, 2021 7:25am
Quoting PaulMF
{quote} What they mean by "consistently generate profits"? It's not my conclusion and I will appreciate your opinion or knowledege about this thing. What do you think is their expected monthly return in percentage terms? And I just exposed how difficult are those figures.
https://ftmo.com/en/scaling-plan/
Attached Image
  • #6,138
  • Mar 15, 2021 7:32am Mar 15, 2021 7:32am
Quoting Koop
{quote} It's not a matter of what i think Paul, it's what i and every other regular or FTMO trader on this thread knows. There is no expected monthly return after the challenge and verification!!! 10% for Challenge, 5% for verification. Earn your funded account and then trade as you like while respecting Drawdown rules . No targets or expected monthly returns.
Some of these people aren't interested in an intelligent discussion, they just want to bicker. Literally all off their "questions" are in black in white on the FTMO web site.

Objectives https://ftmo.com/en/#objectives

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_7.png Size: 55 KB

FAQ's https://ftmo.com/en/faq/
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_8.png Size: 91 KB
Trade with confidence, trade without fear.
  • #6,139
  • Mar 15, 2021 7:34am Mar 15, 2021 7:34am
Quoting Dmh
{quote} https://ftmo.com/en/scaling-plan/ {image}
Then that is 33% a year more close to what professionals do. That sounds better.

And now, why having to make 10% in a month to prove you are capable of making 33% in a year. From my point of view, it does not make too much sense.

In your opinion (not in the opinion of other FTMO regular traders), of 100 traders that try to earn 10% in the first month and 5% in the second month, how many will achieve that?
Always ready to help
  • #6,140
  • Mar 15, 2021 7:37am Mar 15, 2021 7:37am
Quoting Cryptosurf
{quote} Some of these people aren't interested in an intelligent discussion, they just want to bicker. Literally all off their "questions" are in black in white on the FTMO web site. Objectives https://ftmo.com/en/#objectives {image} FAQ's https://ftmo.com/en/faq/ {image}
Please, respect. I don't try to bicker. And in fact, I'm very interesting in intelligent discussions.

Let's keep the tone as Koop is doing now. Let's talk about how to trade and share our impressions about trading.
Always ready to help
16 traders viewing now