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Attachments: FTMO - For serious traders
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FTMO - For serious traders

Quoting Takisd
{quote} Then rather posting links all through FTMO's thread. You should go to ftmo.com buy an evaluation and pass it. Enjoy.

There are many such websites that use a "con approach" to generate own trading capital.

I am ready to publicly verify what my robots can do, if they need my trading expertise.
Fully Robotised Forex Trading Service All Time Profit: $263
Quoting doyathink
I'm just doing free trials for now... but spreads for US100 and maybe some other indices have doubled since last week. Is this true in live trading, too?

5 hours after the major news the spread has tightened up again...

so I'm guessing that for a certain time before and after major news the US100 (and others?) are at an increased spread at FTMO...
I've always expected spread increase at the news time for a few minutes before and after the announcement, of course,
but not many hours. Many indices have tightened spreads around US trading hours, or their own country's hours, of course...
I'm not talking about that.
Quoting doyathink
{quote} 5 hours after the major news the spread has tightened up again... so I'm guessing that for a certain time before and after major news the US100 (and others?) are at an increased spread at FTMO... I've always expected spread increase at the news time for a few minutes before and after the announcement, of course, but not many hours. Many indices have tightened spreads around US trading hours, or their own country's hours, of course... I'm not talking about that.

I dont normally open my account today so I checked when you mentioned, looks like it was the same but i didnt open a trade so..... dno. Surprised there isnt more noise about it.
Attached Image (click to enlarge)
Click to Enlarge Name: US100_cashM1.png Size: 23 KB
scroll down on the attached to see spread tracking indi ...

yesterday 70 pips plus spikes, today 140, but much less spikes...

maybe that's decent trade-off.
Quoting doyathink
{image}scroll down on the attached to see spread tracking indi ... yesterday 70 pips plus spikes, today 140, but much less spikes... maybe that's decent trade-off.

interesting.
Quoting ForexRobots
{quote} Hello TraderOtakar, Kindly advise if your offer is still available and if you still seek serious traders. I am a developer of MT4 robots (Expert Advisors), and started my intensive researches on developing the best possible, most powerful Forex robots since 2008. My robots are programmable for simultaneous trading of up to 28 currency pairs (if as much as that number is needed) with strictest risk management (per required risk exposure and drawdown values), and with automatic hedging. US$1000 Demo Account: https://www.forexfactory.com/forexrobots#acct.77...

Hello Everyone!

Please help rate our algotrading system in a public poll at:

https://www.forexfactory.com/thread/...-to-your-forex

Thank you for your time.
Fully Robotised Forex Trading Service All Time Profit: $263
Quoting ForexRobots
{quote} Hello Everyone! Please help rate our algotrading system in a public poll at: https://www.forexfactory.com/thread/...-to-your-forex Thank you for your time.

Stop advertising in this thread. Keep your content to your own thread.
Quoting ForexRobots
{quote} Hello TraderOtakar, Kindly advise if your offer is still available and if you still seek serious traders. I am a developer of MT4 robots (Expert Advisors), and started my intensive researches on developing the best possible, most powerful Forex robots since 2008. My robots are programmable for simultaneous trading of up to 28 currency pairs (if as much as that number is needed) with strictest risk management (per required risk exposure and drawdown values), and with automatic hedging. US$1000 Demo Account: https://www.forexfactory.com/forexrobots#acct.77...
One simple question-if your robot is so powerful, why aren't you rich?
You can reach me on Telegram @ KramerFx
Quoting ForexRobots
{quote} Hello Taksid, Thank you for your remark. But I earlier made it clear in my post: QUOTE This US$1000 demo account demonstrates the trading power of the robots WITHOUT any risk exposure limitations (EXCEPT, CURRENTLY ON LOT SIZE WHICH STANDS AT 0.1 PER TRADE) in any market conditions. UNQUOTE Mathematically, if the demo account was a US$10k, we should proportionately have a 6% DD at 0.1 lot size. If the demo account was a US$100k value, we should have got a 0.6% DD. I intentionally use a US$1k demo account to help verify the extent to which...
Going by your logic, your 70% "ROI" become 7% and 0.7% lol.
You can reach me on Telegram @ KramerFx
Quoting KramerFx
{quote} One simple question-if your robot is so powerful, why aren't you rich?
Hello KramerFx,

Simply said, how a person defines "wealth" tells him "how" to pursue it.

"Genuine wealth" comes from "honest labor".

If anyone thinks it takes a few hours, days or months to research and develop currency trading bots that can truly be relied upon, then I feel deeply sorry for that person!!!

One can buy a million units of bots from out there, and non of them can perform set tasks.

I wish you all the best!
Fully Robotised Forex Trading Service All Time Profit: $263
Quoting KramerFx
{quote} Going by your logic, your 70% "ROI" become 7% and 0.7% lol.
Hello KramerFx,

Your argument will hold for someone who does not understand the proverb: "Nothing ventured, nothing gained!"

You wisely apply "risk exposure" to a given trading capital in order to make "desired profit".

Please carefully read again the content of my reply that you quoted.

Thanks!
Fully Robotised Forex Trading Service All Time Profit: $263
Quoting ForexRobots
{quote} Hello KramerFx, Your argument will hold for someone who does not understand the proverb: "Nothing ventured, nothing gained!" You wisely apply "risk exposure" to a given trading capital in order to make "desired profit". Please carefully read again the content of my reply that you quoted. Thanks!
Fancy words but you are still wrong.

If my trading capital is 10x larger but my lot size remains the same, obviously my ROI is going to drop tenfold.

Simple maths; if you can't even get this..
You can reach me on Telegram @ KramerFx
Quoting ForexRobots
{quote} Hello KramerFx, Simply said, how a person defines "wealth" tells him "how" to pursue it. "Genuine wealth" comes from "honest labor". If anyone thinks it takes a few hours, days or months to research and develop currency trading bots that can truly be relied upon, then I feel deeply sorry for that person!!! One can buy a million units of bots from out there, and non of them can perform set tasks. I wish you all the best!
Not answering the question.
You can reach me on Telegram @ KramerFx
Quoting here2there
Does FTMO actually have investors who provide capital for members to trade? Or does FTMO rely on money coming in for challenges to provide funding for traders? Does FTMO provide traders with live accounts to trade or only demo accounts? If only demo accounts, then why not live accounts?
A little late to this discussion. I believe others have answered your question, but I'll give it a shot as well because I know you, and we've spoken about prop firms before. FTMO doesn't provide capital for funded members, but instead copies the trades of these successful members. That and the challenge fees from failures are their main revenue streams.

They can't give you an actual live account because regulations won't allow it. In most jurisdictions you need to be a licensed investment advisor to perform controlled functions with someone else's money.

Here's an analogy: you're doing really well in trading and making good money with your live account, and your buddy notices and offers you $10,000 to trade for him. You can't just add that to your own capital and trade with it, that would be illegal because you can't directly perform a controlled function with someone else's money, unless you're appropriately licensed to do so. BUT, your buddy can always open his own live account in MT4 and set it to copy your trades. There are many methods and programs to do this, I believe Forex Copier is one of the more popular ones. This way your buddy could do nothing and his account will copy your trades automatically. I believe you can set up a commission structure in there as well.

So I believe that's how FTMO (and other prop firms) get around regulations. You aren't trading their money proper, they are just copying your trades electronically with their own live accounts. There are some prop firms who claim to give you actual live money to trade with...but I really don't know how they can do that with the regulations...and I don't want to know.

I don't see anything sinister about FTMO making money off of failed challenges, especially when it's a statistical guarantee that 90-95% of forex traders lose their money. That fact is built into the system. I am personally avoiding FTMO because the time limit is a huge deterrence for me. Though I do know people who have passed it and are doing well for themselves. I'm with another prop firm that has no time limit, but way less leverage. It's all good.
For those struggling to pass FTMO, you can seek assistance here.
You can reach me on Telegram @ KramerFx
Quoting doyathink
I'm just doing free trials for now... but spreads for US100 and maybe some other indices have doubled since last week. Is this true in live trading, too?
I would like to see a reply to that question too. I also do free trials and noticed a rather unsavory spike is spreads. What is going on? What changed?
5% drawdown is allowed in a day but keep 1% to avoid risk is my opinion maximum 2% in day is safe also pass within two weeks or may not be recover loss in last two weeks to try again in next month
Hello traders,
Welcome to another quick update on our ForexFactory thread. I have a few platform-related news to share, so let’s dive straight into it.

Starting from Saturday, 20 August 2022, MT4 and MT5 platforms will calculate free margin based on the account balance instead of the account equity.
Going forward, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.

Regarding your comments, I have noticed quite a lengthy discussion between a few members regarding the promotion of certain EA services. As their membership has been rightfully revoked, I do not feel any need to further comment on it, I would just like to remind everyone that personal/commercial agendas are not allowed as per ForexFactory’s Code of Conduct.

Now, moving on to some of your recent posts…


Quoting doyathink
I'm just doing free trials for now... but spreads for US100 and maybe some other indices have doubled since last week. Is this true in live trading, too?
Quoting doyathink
{quote} 5 hours after the major news the spread has tightened up again... so I'm guessing that for a certain time before and after major news the US100 (and others?) are at an increased spread at FTMO... I've always expected spread increase at the news time for a few minutes before and after the announcement, of course, but not many hours. Many indices have tightened spreads around US trading hours, or their own country's hours, of course... I'm not talking about that.
Hi Doyathink, the temporary increase in spreads (mainly on US indices) has been caused primarily by the CPI news on the 10th of August. After several hours, the situation went back to normal. The situation has been investigated by our Trading department and all the cases of complaints were already settled.

Quoting lambrusc0
Hello everyone. Literally just found out that the site ftmo.com was blocked in Russia, on the official website "Roskomnadzor" found inflation that the site is really blocked. Does anyone have any information about the reasons for the blocking?
Hi Lambrusc0, I’m not aware that we would be blocking our website in Russia ourselves, so it is most likely coming from the other side.


Super quick update today, enjoy your weekend everyone, I'll see you again next time!
-Vitek
Quoting Vitek-ftmo
MT4 and MT5 platforms will calculate free margin based on the account balance instead of the account equity. Going forward, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.
-Perhaps there will be some speculation regarding these updates. Any chance that we may know the precise reasoning for these changes? Thanks.
Quoting lambrusc0
Hello everyone. Literally just found out that the site ftmo.com was blocked in Russia, on the official website "Roskomnadzor" found inflation that the site is really blocked. Does anyone have any information about the reasons for the blocking?
FTMO since - 02/24/2022 stopped working with Russian traders. So do not worry about the fact that someone, someone - blocked. Look for another prop))
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