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FTMO - For serious traders

  • #6,561
  • Edited 3:21pm Mar 26, 2021 1:31pm | Edited 3:21pm
Quoting Tomas-ftmo
Hello fellow traders, I hope everyone had a great week full of trading as the well deserved weekend is right around the corner In FTMO, we are currently putting our focus mainly on the future, so certain announcements and features are to be expected. Also, it seems like the most strict pandemic-related restrictions might be over soon, so we’ll all meet in our offices once again. Now regarding trading and platforms: on Saturday, 20th of March, we’ve experienced a short maintenance disruption that affected mostly Server 1 on MT4. The disruption took...
Hello Tomas ,

maybe you could tell us how much % of income is coming from fees and how much % from profitable traders , that would give a better picture ..

i hope you understand my skeptism ...traderscentralfund is now offering a beta program where you just have to upload your track record of a real or demo account without the need to pay any fees, the other programs you have to pay a fee

suppose a trader has been trading successfully for over 6 months with very good risk/reward ratio’s , why would he need to pay you to show his track record , you would be interested to see his track record if you are looking for talent,no ?

Same thing for Darwinex , they require an investor password to see a track record from a live account and if your score is good enough , you get a discount on commissions if you open an account with them and the best get funding from Darwinex and outside investors can also put money on their strategies , 0 fees to pay ...


best regards.
  • #6,562
  • Mar 26, 2021 2:04pm Mar 26, 2021 2:04pm
Quoting PaulMF
What's your opinion traders? What's the approach you would use? if any.
1% risk per trade aiming for minimum 1.5R. Okay if close 1R. With wins 2:1 to losses, you are okay. The whole key is managing losses. It has taken me f o r e v e r to learn that.
  • #6,563
  • Mar 26, 2021 2:19pm Mar 26, 2021 2:19pm
Dear friends,
I'm expecting a criticism against my two trails which I have done over the past 3 weeks. Im posting this here to grab some ideas from experienced traders who always pay attention to account statistics for risk management. The 2nd trail is still on going without completing date requirement. Im doing swing trading mostly on 4H chart and taking very less amount of trades except few scalps done at the end of 1st trail. Any kind of thoughts are welcome for my improvement. If there is nothing in special to say, I'll take it as a positive feel.

Trail 1
https://trader.ftmo.com/metrix?share=cae911ec1a22
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Trail 2
https://trader.ftmo.com/metrix?share=15a691d1e8b4
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"Don't Predict, Do react"
  • #6,564
  • Mar 26, 2021 2:31pm Mar 26, 2021 2:31pm
Quoting PaulMF
{quote} haha among all my sentences that was the last one, I would have suspected of. In which way that sentence may sound more native? Or at least understandable? Clown is the most beatiful you'll hear Clown, it's the least you'll hear
I don't know what to suggest, hehe...

I truly have no idea what you are trying to communicate with this. Is this a saying in your native language?

sorry for the off topic, folks. Bear with us. Maybe message me directly to continue, PaulMF.
  • #6,565
  • Mar 26, 2021 3:20pm Mar 26, 2021 3:20pm
Quoting belie
Dear friends, I'm expecting a criticism against my two trails which I have done over the past 3 weeks. Im posting this here to grab some ideas from experienced traders who always pay attention to account statistics for risk management. The 2nd trail is still on going without completing date requirement. Im doing swing trading mostly on 4H chart and taking very less amount of trades except few scalps done at the end of 1st trail. Any kind of thoughts are welcome for my improvement. If there is nothing in special to say, I'll take it as a positive...
The actual profit target for the 50k challenge is 5k. So 2.5k is not a good measure. In fact, you should set the trail profit target to 10k. With this 10k target you should aim to pass 10 trails before considering taking the challenge.
  • #6,566
  • Mar 27, 2021 12:09pm Mar 27, 2021 12:09pm
Inserted Video
  • #6,567
  • Mar 27, 2021 1:49pm Mar 27, 2021 1:49pm
Quoting Tomas-ftmo
Hello fellow traders
Thomas Could you please consider reducing the required minimum of trading days from 10 to 7 or 5? (In challenges and verifications)
sorry for my English, using google translator.
  • #6,568
  • Mar 29, 2021 8:55am Mar 29, 2021 8:55am
Ready to begin the FTMO free trial. Taking it a step further along the process towards the 30-day Challenge.

Can I customize the chart so that it looks like my own personal trading chart on my laptop?
If one can not adapt the chart to look 'familiar,' this is not helpful.

Is one allowed to customize the chart for the Challenge? That is even more important in a timed challenge with an entry fee.

The Data Folder (File: Open Data Folder)(where one could copy and paste a Template or indi) in the FTMO free-trial demo of MT4, is missing.
Not an option, I guess. Is there a work-around?

Pardon me if these answers and the how-to should be obvious, but I am somewhat tech-challenged.

Thank you.
  • #6,569
  • Mar 29, 2021 9:05am Mar 29, 2021 9:05am
As a follow-up, I had a chat/text with FTMO support a few minutes ago.

I asked my question, can I customize the chart. Can I add a template so that the demo looks like my chart. So it is familiar.

This was the agent's reply:

"You have a full control of the platform and can customize it in any way."

"However, please note that we are not providing education via support channels.
In your Client Area you can find Trading Academy with video instructions on how to use the platform."

I *know* how to use the platform. But the way to modify it, opening the Data Folder and copy and pasting indi's
or a Template into that category, isn't available.

Is the answer that I just have to use a plain vanilla chart with every line or box I might draw be in red (don't see an option)?
Or what am I missing? Help! Thank you!
  • #6,570
  • Mar 29, 2021 9:27am Mar 29, 2021 9:27am
Quoting ForexGalVA
As a follow-up, I had a chat/text with FTMO support a few minutes ago. I asked my question, can I customize the chart. Can I add a template so that the demo looks like my chart. So it is familiar. This was the agent's reply: "You have a full control of the platform and can customize it in any way." "However, please note that we are not providing education via support channels. In your Client Area you can find Trading Academy with video instructions on how to use the platform." I *know* how to use the platform. But the way to modify it, opening the...
Maybe have the customised chart up and use that to decide what you're going to do and than make the trade on FTMO
  • #6,571
  • Mar 29, 2021 9:33am Mar 29, 2021 9:33am
Quoting ForexGalVA
As a follow-up, I had a chat/text with FTMO support a few minutes ago. I asked my question, can I customize the chart. Can I add a template so that the demo looks like my chart. So it is familiar. This was the agent's reply: "You have a full control of the platform and can customize it in any way." "However, please note that we are not providing education via support channels. In your Client Area you can find Trading Academy with video instructions on how to use the platform." I *know* how to use the platform. But the way to modify it, opening the...
the data folder is there, u can add custom indicators or EA's
  • #6,572
  • Mar 29, 2021 9:33am Mar 29, 2021 9:33am
Quoting Ross88
{quote} Maybe have the customised chart up and use that to decide what you're going to do and than make the trade on FTMO
Thank you, Ross88, I came to that conclusion.

I'm not used to looking at one chart and trading off another. I know that some traders do.
It adds another 'thing' that I need to get comfortable doing, to master, to the mix.
  • #6,573
  • Mar 29, 2021 10:11am Mar 29, 2021 10:11am
Quoting Rayder4Life
{quote} the data folder is there, u can add custom indicators or EA's
Where Rayder4Life, please?
I clicked on "File." The options in the dropdown menu are New Chart, choice of MT4 or MT5, and Log in or Log out.
  • #6,574
  • Mar 29, 2021 1:52pm Mar 29, 2021 1:52pm
Quoting ForexGalVA
{quote} Where Rayder4Life, please? I clicked on "File." The options in the dropdown menu are New Chart, choice of MT4 or MT5, and Log in or Log out.
are u sure u have the FTMO mt4 platform installed ? u should have in file data folder also along with like 10 other options.
  • #6,575
  • Mar 29, 2021 2:23pm Mar 29, 2021 2:23pm
Mystery solved.

I was on the web trading platform earlier. That one does NOT have a Data Folder.

The Cust Serv person this morning did not understand my question.

Meanwhile, I had one solid good trade despite my frustration and using a new basic chart minus any customization.
Grateful for the good start.

Just now, the Cust Serv person (Anna) understood my question and had me download MT4 to my laptop.

Problem solved. WHEW.

My apologies for hanging up chat about my problem due to being tech-challenged.
  • #6,576
  • Mar 29, 2021 2:56pm Mar 29, 2021 2:56pm
Quoting ForexGalVA
Mystery solved. I was on the web trading platform earlier. That one does NOT have a Data Folder. The Cust Serv person this morning did not understand my question. Meanwhile, I had one solid good trade despite my frustration and using a new basic chart minus any customization. Grateful for the good start. Just now, the Cust Serv person (Anna) understood my question and had me download MT4 to my laptop. Problem solved. WHEW. My apologies for hanging up chat about my problem due to being tech-challenged.
Heres a question. How come you have an 8 year old account and your first posts here are only in the FTMO thread straight up.

https://res.cloudinary.com/teepublic...s/825330_1.jpg
  • #6,577
  • Mar 29, 2021 3:11pm Mar 29, 2021 3:11pm
Quoting Takisd
{quote} Heres a question. How come you have an 8 year old account and your first posts here are only in the FTMO thread straight up. {image}
I have largely stayed away from forums. I opened an account here years ago. Meanwhile, I have been trading and studying. I decided that this year one of two things happens: I get a paycheck from trading or I get serious about getting a job (I had one, quit 5 yrs ago). I started learning to trade in 2012. I must be a slow learner! Last fall I learned about prop trading firms. Researched several. Have a trading friend (a young guy in Scotland) who is funded by FTMO. That was the clincher for me. That's my true story.
  • #6,578
  • Mar 29, 2021 3:12pm Mar 29, 2021 3:12pm
I was wondering why it was so quiet in here.
Attached Image

Paul, you're going to have to carry that conspiracy flag all by yourself now
Pride always comes before destruction.... -Proverbs 16:18
  • #6,579
  • Mar 29, 2021 3:59pm Mar 29, 2021 3:59pm
Quoting ForexGalVA
Mystery solved. I was on the web trading platform earlier. That one does NOT have a Data Folder. The Cust Serv person this morning did not understand my question. Meanwhile, I had one solid good trade despite my frustration and using a new basic chart minus any customization. Grateful for the good start. Just now, the Cust Serv person (Anna) understood my question and had me download MT4 to my laptop. Problem solved. WHEW. My apologies for hanging up chat about my problem due to being tech-challenged.
Lol wait a minute, you mean all this while you have been talking about the web platform? That's funny
  • #6,580
  • Mar 29, 2021 4:39pm Mar 29, 2021 4:39pm
Quoting Koop
{quote} Lol wait a minute, you mean all this while you have been talking about the web platform? That's funny
Yes, Koop. My bad. I admitted that I'm a bit tech-challenged.
It didn't even dawn on me but the Cust Serv agent knew in 2 seconds when I posted a screenshot.

Tomorrow I will trade the FTMO free-trial demo with an account that looks like mine. Installed a template I use any other indis
I might want but probably won't use. Live and learn. And learn some more.

@Takisd, if I got 'credit' for threads or chunks of threads I'd read over the years, you'd see that I've been here on & off.
Just never had the time nor inclination (or need) to post until I had the question. Also, my former mentors used to caution that
forums were a rabbit hole that may cause confusion -- while I was raising a family and running a business.

I only found this thread by researching with my friend, Google.
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