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FTMO - For serious traders

  • #6,201
  • Mar 16, 2021 8:38am Mar 16, 2021 8:38am
Is everything OK at FTMO?


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All Assets NAS100 GLD BTC AUS JPY GBP All Time Return: 18.2%
  • #6,202
  • Mar 16, 2021 9:05am Mar 16, 2021 9:05am
Quoting Koop
{quote} haha Forex is all i have Mtini, I make my living solely off it. That's why i have all the time in the world to check professional dumb asses on this thread. Hell, i might even get a Job from FTMO before you finally pass the challenge Mtini . And thank you for the memory compliment. {quote} Yeah, the consistency thing was a problem. But the reason why they're getting a major buzz right now is that they just rolled out their own version of the FTMO model, challenge and all with seemingly better offers. i...

Oh really Koop - you're a pro trader are you? You make you make your living solely on Forex?? HA HA

You must be the best trader ever if you have all time in the world trawling through various threads and making brainless comments, fighting with everyone and STILL have time to make a living from Forex! My goodness do we get some real jokers on these threads!

Have many challenges have YOU passed Mate? Can we see a TE or maybe a chart from the pro trader INSTEAD of another stupid idiotic comment? My goodness what a moron
  • #6,203
  • Mar 16, 2021 9:13am Mar 16, 2021 9:13am
Quoting Koop
{quote} Lol does the word "correct" mean something else really terrible where you're from? You're being unnecessarily over sensitive about being corrected when wrong. YOU are wrong paul. FTMO there is no target required after passing the challenge. The scale up plan is only an added incentive not a mandatory requirement of any sort so your point is invalid. I don't care whether the funding is verified or regulated. That;s none of my concern so long as i'm getting paid. An option of managing a guaranteed 100k-400k within 3-4 months after passing...
Koop, you been stressing too much...start making money..Who To F**k cares about anything on this thread?..blah blah blah.."Show me the Money"
  • #6,204
  • Mar 16, 2021 9:56am Mar 16, 2021 9:56am
Quoting Mtinifx
{quote} Oh really Koop - you're a pro trader are you? You make you make your living solely on Forex?? HA HA You must be the best trader ever if you have all time in the world trawling through various threads and making brainless comments, fighting with everyone and STILL have time to make a living from Forex! My goodness do we get some real jokers on these threads! Have many challenges have YOU passed Mate? Can we see a TE or maybe a chart from the pro...
hahaha i must've struck a nerve with that challenge Jab. Never claimed to be the best trader.
Focus on passing A challenge first mate, stop projecting your trading insecurities on others. it's a bad look.
  • #6,205
  • Edited 11:16am Mar 16, 2021 10:02am | Edited 11:16am
funniest thing I've seen all day this boy was giving out temporarily suspend like their were going out of fashion FF had enough of him abusing his small power and gave him a taste of his own medicine hilarious
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  • #6,206
  • Mar 16, 2021 10:03am Mar 16, 2021 10:03am
Quoting driven18
{quote} Koop, you been stressing too much...start making money..Who To F**k cares about anything on this thread?..blah blah blah.."Show me the Money"
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Lol new account. Some change in profit testing/revising a strategy.
i don't scalp. I need a lot of patience to let my set ups pop.
what better way to distract myself while i wait? Shitting on insecure dumb asses like Mtini
  • #6,207
  • Mar 16, 2021 10:04am Mar 16, 2021 10:04am
Quoting Ross88
funniest thing I've seen all day this boy was giving out temporarily suspend like their were going out of fashion FF had enough of him abusing his small power and gave him a taste of his own medicine hilarious {image}
hahaha Damn Surf, bad karma.
  • #6,208
  • Edited 10:38am Mar 16, 2021 10:15am | Edited 10:38am
Quoting tradista
{quote} who said anything about a 100 lots trade? I believe the comments were about a total of 5 trades in a row making a total of 100 lots traded in a day.
I wasn't talking about any particular person or trade.

I was saying FTMO doesn't want you to open or close any trades within 2 minutes of their red news events because it's "too risky" and they want to protect their "investors" capital. Makes sense right? But they will allow you to open a 50-100 lot trade at any other time. (i.e. they have no rules against the size of your trade). So my point is that news is too risky but if I feel like it, I can open a 100 lot trade and lose all their investor's capital in 3 seconds and they are ok with that?

If it was about protecting their "investors" capital it would seem to me they would have a restriction on max lots per the fund size you are trading. Otherwise, a trader can revenge trade like a lunatic and blow the account ( and then of course head back to the challenge for another fee).

Or, it could be they truly trust the funded trader but they don't want to deal with endless complaints about order slippage, etc during news events.

Or, they could be using the B-booking model and just want you to slip up and lose your account. I'm sure there are plenty of gamblers that just got lucky for a trade or two and earned a funded account.

Just thinking out loud. Assume it takes a trader takes 5 tries to pass the 100K challenge/verification to secure one 100K account (total cost about $3200 US) And their metrics are that of a gambling revenge trading degenerate. Now they start their 100K funded account. Maybe FTMO doesn't even put their orders in with the "real" broker until they show a profit of $3200 and in the meantime, they hope/assume you'll self implode anyways and lose the account. (and of course head back to the land of the challenge fee, mentally anguished and ready to self implode over and over again)

I could care less what their business model is as long as I get paid. I just don't buy the news is "too risky" narrative when there are no max trade size rules in place.
Pride always comes before destruction.... -Proverbs 16:18
  • #6,209
  • Mar 16, 2021 10:18am Mar 16, 2021 10:18am
[quote=snail69;13453456]
Quoting jmoreno
{quote} the "challenge" trading model is intentionally designed to be impossible....... both are not applicable during a challenge... {image}
Funded traders don't actually have to close their open trades during the news. You just have to make sure you don't hit a SL/TP during that 4 minute period. So you can take your SL/TPs off if your swing trading small positions but if your trading intraday with larger positions and smaller SL/TPs then best to close out any trades.
Pride always comes before destruction.... -Proverbs 16:18
  • #6,210
  • Edited 10:54am Mar 16, 2021 10:25am | Edited 10:54am
Previous discussions seems very interesting. I have been here long enough, I have seen traders come and disappear. I think we all must understand that trading is uncertain business not everyone can master. What FTMO does is providing an appropriate fund size to traders who are not capable of trading the bigger fund sizes. FTMO has their own way of identifying trader's talents and it's the same for other trading prop firm as well. By trading their fund, We are being given a portion of the profit we make. There are traders who had been consistently profitable with more than 10% drawdown and also with less than 10% drawdowns. If the particular trader is capable of achieving given target with a less than 10% drawdown, They would be selected by FTMO.

If one wants to find out that FTMO is legit, Why not try their Challenge or If you think you have sufficient funds, use your funds. Inappropriate, Misleading suggestions, comments may harm the newbie traders who would like to get hold of a fund that they don't have.

It would be ideal to share our opinions with facts where everyone can benefit. One has to understand themselves before to be consistently profitable trader. Mark my words, You will never be consistently profitable unless you understand YOU as a person and correct your mistakes.

I personally recommend FTMO for traders who are consistently profitable and capable of managing risk and be able to keep the drawdown as low as 10%.

Anyone can try their Free Trials (Test your skill for free)

PS : I am not promoting FTMO, There are many prop firms out there with great profit-sharing/low subscription fee. However i consider FTMO to be one of the best prop firms out there.

Cheers ! Happy trading !
Fools Rushing
  • #6,211
  • Mar 16, 2021 2:05pm Mar 16, 2021 2:05pm
is it just me or the last 2 days here felt like a warzone
  • #6,212
  • Edited 3:45pm Mar 16, 2021 2:56pm | Edited 3:45pm
Quoting Koop
{quote} {quote} {quote} Paul, stop making comparisons based on false information. This is the last time i hope i have to correct this false assumption. THERE IS NO TARGET REQUIRED OF YOU AFTER YOU PASS THE FTMO CHALLENGE. While darwinex expects and requires you to continue to make consistent gains over the course of 6-18 months(i think) in order to even be ranked (not funded), FTMO does not expect you to reach any targets after the challenge in order to maintain your funding. Why is this so difficult to understand. where exactly did you get this...
You’re wasting your breath on these people.

I literally posted the trading objectives here for Paul and it went in one ear and out the other. https://www.forexfactory.com/thread/...7#post13452117
Trade with confidence, trade without fear.
  • #6,213
  • Mar 16, 2021 3:46pm Mar 16, 2021 3:46pm
Quoting Koop
{quote} hahaha Damn Surf, bad karma.
This has become a kinder garden tread i think they should close the whole ting....Abaut the challenge i did a 100k challenge and passed in 11 trading days,but that said i did way more risk than i liked so when i got to verification my daily profit where smaller and smaller do to some fear off failing and even i had a equity SL i was taken out on a huge move on Nasdaq cause i took some heavy risk to try and finnish so it was my fault and i had only 1.4% to go before funded and 23 days in profit no loosing days other than first day i had a big loss.....But even i did the challenge in 11 days i will not do another cause i have to do some gambling to pass and i dont like to gamble,so instead i will do a challenge with T4T cause even only 2% weekly DD i will have unlimited time to pass the challenge off 10% and no verification period....This not to promote T4T over FTMO,but my personal preference....But good luck to thoose that try a challenge with FTMO and i am sure they are not scamming people....
Insanityoing same ting over expecting different results..Einstein
  • #6,214
  • Mar 16, 2021 4:23pm Mar 16, 2021 4:23pm
I would not expect GBPJPY spread to widen to 23.8 pips at end of day...

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  • #6,215
  • Mar 16, 2021 4:24pm Mar 16, 2021 4:24pm
Quoting FXsniper111
{quote} This has become a kinder garden tread i think they should close the whole ting....Abaut the challenge i did a 100k challenge and passed in 11 trading days,but that said i did way more risk than i liked so when i got to verification my daily profit where smaller and smaller do to some fear off failing and even i had a equity SL i was taken out on a huge move on Nasdaq cause i took some heavy risk to try and finnish so it was my fault and i had only 1.4% to go before funded and 23 days in profit no loosing days other than first day i had a...
It can be a mental challenge. I’m working on my 4th challenge to add to my existing 300k funded accounts. All that is needed is a simple system to average $500 a day profit and then stop. Repeat the next day and until completion.

Its a game of strategy, going balls deep and trying to hit it out of the park isn’t necessary.
Trade with confidence, trade without fear.
  • #6,216
  • Mar 16, 2021 4:49pm Mar 16, 2021 4:49pm
Quoting Cryptosurf
{quote} It can be a mental challenge. I’m working on my 4th challenge to add to my existing 300k funded accounts. All that is needed is a simple system to average $500 a day profit and then stop. Repeat the next day and until completion. Its a game of strategy, going balls deep and trying to hit it out of the park isn’t necessary.
well if you have 300k and can do 10% ore more every month that is 21k to you a month more money than i ever need atleast so i cant see the point off another challenge....Would be fun if you could post a screenshot off your matrix`s on the accounts ore is it......???Like most people here on the forum....
Insanityoing same ting over expecting different results..Einstein
  • #6,217
  • Mar 16, 2021 4:50pm Mar 16, 2021 4:50pm
Quoting FXsniper111
{quote} well if you have 300k and can do 10% ore more every month that is 21k to you a month more money than i ever need atleast so i cant see the point off another challenge....Would be fun if you could post a screenshot off your matrix`s on the accounts ore is it......???Like most people here on the forum....
EDIT:not being sarkastic,but would be fun if could back up your words...
Insanityoing same ting over expecting different results..Einstein
  • #6,218
  • Mar 16, 2021 4:54pm Mar 16, 2021 4:54pm
Quoting FXsniper111
{quote} EDIT:not being sarkastic,but would be fun if could back up your words...
Yep, when completed I will post.
Trade with confidence, trade without fear.
  • #6,219
  • Mar 16, 2021 5:15pm Mar 16, 2021 5:15pm
Hahaha...what a battle of egos !
Don't give up on your dreams. Keep sleeping.
  • #6,220
  • Mar 16, 2021 5:23pm Mar 16, 2021 5:23pm
Seriously, who is making big fat bucks with this company?! Who?! If yes, show it! If not, write 50 lignes posts to teach others how they should be trading to make money!
Don't give up on your dreams. Keep sleeping.
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