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    1. Best ftmo challenge reddit https://ibb. However, if you can do that, then you are in the game. But if you start with 50k and get to 60k on a trade which then goes down to 52k you would not violate the terms as you’re not below the initial amount. For some crypto pairs for example, the contract size is 100. I also read some reviews on TrustPilot and it seems like the Daily drawdown is one of the main reasons why traders fail the FTMO challenge. If you are a real profitable trader I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. As long as you know the game you are playing getting funded is always the best option. 75% when I've made 16 trades and all profitable. Thanks for the help I got when I was trying to find a good prop firm. As for the type of news, I'm not too sure, but you can check the 13 votes, 19 comments. This is based on my trading knowledge. And looking where price moves to. You don’t get any of the profits from the challenge. AutoModerator Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo account FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! Gewerbe, Steuern, FTMO Challenge Moin zusammen bin seit 3 Monaten dabei und würde gerne wissen ob mir jemand sagen kann, wie das ganze mit Gewerbe, Steuern aussieht. I can pass your ftmo challenge I’m only doing 5 spots . Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of how much you were down for the day. I usually trade my own money and wanted to know some things. It's great that you're currently up 3% but if you allow yourself to hold losing trades and go down 8% in one day then your success wont be sustainable. I don’t know if I get the profit split of the challenge Posted by u/[Deleted Account] - 2 votes and 18 comments Entry cost: $495, refunded upon passing. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. I blew two of Find a trading method that can pass the FTMO, The5ers challenge Post # 1; Quote; First Post: Dec 20, 2024 4:16am Dec 20, 2024 4:16am Great advice, the only thing that I What was easier than expected during the FTMO Challenge or Verification? Reaching the profit target has certainly been easier than I expected. I’m currently testing your theory, I’ve bought an ea and put it on a 50k ftmo challenge. many will suggest 1% or aggressive 2% or conservative 0. So you get a new 50k account every time. But the 10% per month is very hard with only a 10% DD allowed. And also the best spreads - ftmos used to be double those on 5ers during news and gap times. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. FTMO has also started acquiring other trading firms like Quantlane. And if you get lucky and you pass, you won't hold the account for long. And little know fact you can take the test and pass up to 3 times hence having 300k or whatever ammt you take the challenge for x3. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. And I was wondering which is the best data provider on TradingView, to use for FTMO? Also, I have noticed the price on MT4 from FTMO server is a few minutes delayed, anyone else experienced this problem? Thanks View community ranking In the Top 20% of largest communities on Reddit. We express our warm welcome to our new FTMO traders. First things first, let's start with the basics. I was 50$ away from starting over. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. I have been trading since 2020 Just completed the 10% challenge for the 100k account on ftmo in 36 hours. Just yesterday I lost my ftmo challenge account also. Took the same strategy I use for my personal account but lowered the risk per trade to a fair profit and loss point, i let my winners runn and move SL to BE more often than not. 9%) of those survive until the first payout/refund of challenge fee. Max daily loss and account loss are the 2 biggies. 00 lot trade and that started the losing streak. 😀 The answer is revenge trading. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. comments sorted by Best Top New Controversial Q&A Add a Comment. If you reach your 10% you have reached your goal and move to the next challenge. Let's face it, a lot of traders fail and lose money and I admit it myself, if I hadn't used a trader to pass my tests, I probably would have lost money from the start and lost hope. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. FTMO challenge . Yeah, I was gonna say the same. com's Reddit Forex Trading Community! Here you can converse about Currently I'm doing the FTMO challenge and I got to the profit target. And did my due diligence asking them (the ftmo team) multiple times if i was allowed to hit the 10% target before the 10 day minimum. price negotiable depending on challenge size if I can’t pass it then you get your fee refunded (not your challenge fee only the fee for me to pass it for you) . Posted by u/FxTrader13 - 23 votes and 50 comments Same thing happened with my first ftmo challenge, I was £700 in profit. Can you share your experience? Withdrawal process with diff payout So today I failed my FTMO challenge. Day 29 I was down 4%. Looking through the trades since I triggered the challenge to start. Posted by u/watts8921 - 7 votes and 28 comments Welcome to FXGears. I feel the challenge is more of a puzzle. Uhum. Firstly, I found my sweet spot by sticking to one pair, XAUUSD. 126 subscribers in the marketscreen community. Risking 0. So you are paying €155 for the possibility of only getting access to at most $1,000. FTMO is definitely the best firm. Anyways can some one explain what's happening also I've got no open trades right There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. I have been trading a 40,000€ demo account at FTMO for the last two weeks (see screnshots) to see if I can put what I have learned into practice, i also made some mistakes for example in one trade i Sorry OP but that's a dumb question. Very happy with myself and my Overall, passing the FTMO. FTMO is legit, and I assume they have a lot of very successful traders. Same with the 5% on the 2nd challenge. FTMO. Essentially, the challenge is free if you succeed. Welcome to FXGears. So, for example a common challenge is to do 8% in a month. Post any questions you have, there are lots of To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. This deep dive allowed me to truly understand its movements, giving me more How would you rate your experience with FTMO? 10/10. 5% per trade that’s one 1 RR trade per day. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. Let's say I took part in the $10K challenge, and met all requirements and have an ending balance of $12K, since I hit the target of $1K in 4 days. Utilize the Golf Clash Discord for questions and chatter. Price won't be the same though and that could result in getting stopped out in MT4 when it looked fine in TV or you might exit a trade and leave too many pips on the table or get into a trade in an awkward position, or any number of things when trading with a price disparity. So in my case, I reached a draw down exceeding 5%, but never an If you traded your own $1000 for say 2 months like you mentioned (if we assume best case scenario for passing the FTMO challenge plus 1 month of profitable trading), you would end up with $2000 after the first month and $4000 after the second month. I cut my lot size in half to finish. Therefore prices and spreads will be different. I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. Can't trade within 2 minutes before and 2 minutes after. I have also started new challenges at other prop firms to expand my capital and diversify so not all my fund is at one FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. I’m curious if this works 38 votes, 55 comments. You need to study for it, practice, take notes and review them, learn with friends if you can and only try to take the test when you absolutely feel like you're ready. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm 0. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. That was a low moment for me. Posted by u/broskio777 - 1 vote and 1 comment Hey guys, I have seen some recent news about MFF prop firm, and now I am curious whether FTMO is in a danger being shut down too? I've finally achieved some consistent results on my demo trading and felt comfortable enough to start a challenge the last week, but now I am confused. 50 loss or slight win. It must’ve hit SL due to spread, I have an FTMO account and I know they’re not cheats, it’s in their best interest that you make money! So I decided to try an ftmo 10k challenge. I'm assuming you had some historical trades/track record you based your risk on going into the challenge. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. PMI ride Should be able to use a TransferWise (soon to just be called "Wise") account for USD and GBP payments. I want to start the 10k FTMO challange but i am scared of the Max Daily Loss what would be the best lot size that i can use to Remember you don't always have to be trading, PAYtience is the most important in this business. It consists of two main phases: The Challenge: You must trade a demo account with a specified profit target within a certain timeframe The majority of challenge takers are not aware of this and are risking only 1% to 2%. My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. The FTMO funded trading program has specific rules that guide the traders in their conduct as well as describe the expectations and the targets that need to be met for traders to complete each stage of the program. This offers more room for loss compared to the other options, but has a higher entry barrier due to the multi-step process. Thus, it’s equity based. I felt cheated and disappointed. Passed my 200k challenge today! Super pumped. You can take individual challenges for up to 200k USD each, and a The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Must say I am now funded after passing FTMO challenge and also helping other traders out. Forcing yourself to trade everyday does not work well (for me especially). I blew two of them after just one payout from each, and one of them I couldn't make a profit before losing it eventually. 4 percent after 4 days. After a while it seemed better to simplify everything and just look at plain simple price action, I. I am taking the 100k high stakes at the moment and up 0. Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! I'm not selling anything, not selling my EA, not selling Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. FTMO gives you a demo account with real life "features" such as spread between BID and ASK. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. No regrets or any second thoughts at all. FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. Wish me luck. 46 :D Soooo happy View community ranking In the Top 1% of largest communities on Reddit. The real question is do YOU have a consistent and profitable method? That is the real question. Please dont get me wrong as I have a very limited knowledge about profits etc. I took a 2. Don’t buy a challenge to follow this topic, if you can’t trade after passing the challenge there’s no point of taking the challenge in the 1st place. You shouldn't care if you lose a challenge or blow an account. The Law School Admission Test (LSAT) is the test required to get into an ABA law school. Check out our FTMO Review here on Reddit. I can understand why they have the rules they have. Or am i just over trading and bound to blow lol? Good afternoon Traders! I have successfully passed my $100K FTMO challenge. com challenge. Seems to work so I'll see how it performs going forward. Hope you all have a great rest of the week. Also muss man überhaupt ein Gewerbe anmelden? I trade all major currency pairs, and for the challenge my base position sizes were 5 and 10 lots. let me know ! Peace Basically, during the challenge and verification, news does not matter, but once you've completed it, it will depend on your account type. I can demo trade just fine, I passed 3 ftmo trials one after the other. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. Later I took a second challenge and I was in the same position, $320 from finishing the first phase. My question is: Can I just open two positions on two separate days and close them right away for a break even, or will it be considered as "cheating"? Thanks in advance for your help! Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Party up with friends from all around the world to chat, hang out, explore MILLIONS of player-created rooms, or build something new and amazing to share with us all. If you’re trading with Ftmo it’s pointless to check instrument prices on TradingView as they don’t have FTMO listed as a broker. First level ftmo challenge on a 200k account Prop Firms I have a 75% win rate but I end up losing some trades which takes a big hit in the account,it's been 3 days since I took the challenge to reach 10% but am feeling like the numbers are big but I have did it easy lot of time before(on smaller accounts) I feel little nervous to big lot and reach the goal easier,got any tips guys ? The disadvantages are that I have to fork out money for the new challenge (which can be redeemed after I pass it) and I most likely have to forfeit the fee that I paid for the current challenge. Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. The following week I did really bad in my Forex funds challenge as I didn't adhere to the rules. I have passed the initial challenge and I am currently trying for the verification phase. I am also doing the FTMO challenge right now but I haven't taken the first trade, EURCHF looks like a good opportunity just waiting for a entry edge, congrats on completing yours The best place on Reddit for admissions advice. 1% of those who take a challenge pass both stages. Only 8% of all challenge takers pass. Let's go! Only took 2 days to pass these 3 challenges: x2 200k FTMO Challenges x1 100k FTMO challenge. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. . The rules for the Challenge Passing help you handle risk management better. Yesterday I put it on the account it made 116 usd Today it did 735 usd. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. 10% target / 20 days = 0. That's not to say you can't be a successful swing trader or scalper with FTMO, I just think it Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. Note that this is not the first time it happens To pass a propfirm challenge you’re required to have a total return of around 13% (usually 8% phase 1 & 5% phase 2). We all make mistakes. You get a much bigger drawdown amount relative to the fees paid for the challenge. Now I have to wait 8 days to start step 2. I have 2 questions: As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. So once you withdraw your profit for those 30 days it restart like a challenge. I was only targeting a 1:1 RR and leaned on a higher win rate for profitability. 8 billion CZK. This feedback is very valuable to new traders or I wanted to share a few game-changing tips that helped me conquer the FTMO challenge. Recently I started to try out Prop firms and went with FTMO I tried a 10k challenge and passed and made it to a small payout. Posted by u/ThatArmy2631 - 1 vote and 1 comment As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not If you lose 3 trades which is 300 dollars in a row the strategy isn't working. When you finally learn how to trade consistently and generate profits, the sky is the limit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge account and FTMO Challenge. The founders want to keep FTMO headquartered in the Czech Republic. Things I learned from this challenge The FOMO, the fucking FOMO. I could see I was trading in a emotional state and felt very isolated. Most importantly, have fun! Your trading journey is a marathon, not a sprint. 8 days of trading, 259 trades, Profit factore 2. EA uses a well-calculated hedging strategy to either pass the prop challenge or recover the cost of the challenge (challenge fees), so you don't have to pay for another challenge if the first one fails. Don't panic towards the end of the challenge to meet the profit target by risking more. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. Almost close to reaching target on 50k FTMO Challenge. 59 respectively. "At FTMO - daily draw downs are equal to losses. Bad months happen. Even fewer percentage (0. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. This time around I got another 10k challenge but exceeded my max loss and daily loss and still was allowed to move on to phase 2 Welcome to FXGears. I appreciate it. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. My idea is to use a scalper account that works good on demo but not on real account (slippage is a problem) to pass the verification stages and then apply my strategies later on for The Reddit LSAT Forum. For example, if you start with $100k, you must NEVER reach $90k or you lose your challenge. Now im 5% profit so I'm asking, will they give another challenge if i don't violate any rules or is it just one re-take and then purchase another one? It’s a solid profit. If I do not buy a new FTMO challenge, the advantage is that I do not need to forfeit the money that I paid for this current challenge. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. So from my assumption it’s basically like the verification and FTMO challenge without a target. which is more than enough to pay out the traders that do make money (90%+ loose) -the really great traders with good rm and consistency over a longer term basis get copy traded onto a larger live account. That's how they make their money, and it's one of the best business models out there. FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. While I don't think the IP thing will be an issue (I imagine they have a lot of people running an EA on a VPS and also manually trading for instance. ) you really don't want to put all that work Posted by u/somebodystorm - 1 vote and 1 comment Don't beat yourself up. 4% away from failing the 10k ftmo challenge stage 2 Questions Hey everyone, I've recently got into ftmo, and on my first try, I passed the stage 1 of ftmo, onto stage 2 A place to discuss forex strategy, ideas, analysis, and concepts. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. I’ve been trading since I got out of high school 2021. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. On the paper, gaining 10% and 5% in 2 months in a row is tough job. Either way won't be taking any more ftmo challenges till I max out my accounts with the 5ers who have the best scaling plan on the market. Posted by u/GoatedBum - 1 vote and no comments View community ranking In the Top 1% of largest communities on Reddit. If you make even a cent over the 10K capital, FTMO gives you a free retake. 7 and 2. I'm new to FTMO. For forex pairs, the contract size is 100,000 which is 1 standard lot. Without the weekends, you’ll get 20 trading days. The 2 major drawdown periods are plain and simply my fault. After the 30 days I was not able to get my account to break even. I also did the same with an account on my wife’s acct and had 100k x6! I did the challenge myself. While you, the trader, naturally want the biggest bang for your buck, prop firms simply can't offer massive accounts at rock-bottom prices. After getting funded I ignored the trading plan and my psychology was in shambles. 242 votes, 229 comments. I plan on taking the challenge but it's definitely not as great as I thought it was. Today i finished my first phase of my 100k Challenge. From the people I know, they’re usually aiming at around 3-8% a month so getting 13% should be around a bit more than a month, ofc there are people who also pass challenges within 1-2 weeks but speaking on avg id assume it’d be normal to pass it within 1-2 FTMO really doesn't like it when you risk a lot. I have not loss one trade. 5% profit per week, 5 RR per week. Deposit the challenge fee into a brokerage account and trade it away. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. First step is to forgive yourself, then reflect and see where you went wrong and implement new measures so that you'll do better next time . No. They have a long history in the industry, proven consistent payouts, and upstanding customer service. To be honest I have received several payments from FTMO since I registered on FTMO, I was able to make 62 000€ (not including the fees paid to the professional to take my tests). Theoretically you could complete the entire challenge in a couple of days if you are good enough or get extremely lucky. I’m not saying its not hard. Just depending on the volitility those moments really. I have just started the demo challenge as well, and I am using TradingView to do the analysis. Two Types of Passing Service: Single Challenge Pass and Contract Offer Single Challenge Pass: 650 USD fee (per challenge) Accept challenges until 2% drawdown Fixed fee for all equity sizes (10k to 200k) Account Management Partnership 50-50 I'm going to take part in the FTMO challenge soon but I'm not sure if FTMO lets you keep your profits during the challenge and verification stage. So last month i ended up 8% in profit but the duration wasn't enough for me in the FTMO challenge, didn't violate any rules, so they gave another free challenge. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge. The best place on Reddit for LSAT advice. I don't understand why my win rate is 93. co/gths3T3 The subreddit for all things related to Modded Minecraft for Minecraft Java Edition --- This subreddit was originally created for discussion around the FTB launcher and its modpacks but has since grown to encompass all aspects of modding the Java edition of Minecraft. We are currently recommending and standing by FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas If we go to the minimal FTMO challenge that is marketed as a "$10K" account the daily loss limit is $500 and total loss limit is $1,000 and the fee they charge is €155 for a $10K account challenge. FTMO Challenge . One thing you should know before taking this challenge is that FTMO requires steady traders. It was my first challenge and I couldn’t believe it was actually happening. I learned to trade with a family member and when I started 4 months ago I was reading the graphs really well and it was a fun learning experience. Given the stricter trading target and expectations with drawdown etc. Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments Welcome to /r/Netherlands! Only English should be used for posts and comments. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. Or take advantage of the challenge extension. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to Guys you have unlimited free tries while during the challenge to pass it if you don’t break the rules but don’t achieve the profit target 10%. 331K subscribers in the Forex community. I was in gain and their metrics were telling that I failed the max daily while at the same time I was in gains of over 1k. It's perpetually free retries forever if you don't breach the loss rules and have 5% of Welcome to FXGears. 34 votes, 48 comments. Except with taking a prop challenge, you can pick the day when you're ready and if a lot of props removed a time limit, then even better. In 2022, FTMO had revenues of 4 billion CZK and EBITDA profit of 1. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. After passing both phases, you start getting all the profit you make. FTMO challenge. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get Well done mate (not sarcasm btw) ! But i do not think ur strategy will consistently make 30% a month because that would make u a better trader than the best traders in the world , and no offence the odds of you being the best trader to ever exist is quite slim 😂 but Yh ride thay son of a Countless YouTube videos, Udemy courses, Google searches. Thank you for your replies Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Confirm with FTMO though, but I believe this would be the best option for you regarding flexibility in payments and getting the money locally to yourself. FTMO 10K challenge Prop Firms Hey guys and girls , I was just wondering if FTMO is worth trading with on long term perspective and what’s would be realistic and suitable account for beginners. co/r5MtfCG https://ibb. Can funded account help with discipline? I have been thinking about it and started challenge, my thinking is that it can help me to stick to the rules as i know account will be terminated if violation of rules, which wont happen on personal account and i can So for example, take the FTMO challenge, you’ll need to pass the 10% target. Do not be tricked by fly-by-night firms offering cheap thrills. Because every account you withdrawal from it’s going to say passing. Think of it this way, take only the very best and most probable setups you can find within your parameters and the results will follow, take trades best off of monetary gain and greed alone and the unnecessary losses will surely follow. It has a free trial that’s quite tough if you ask me. Just a curiousity of mine. Mind you the I think this goes against FTMO's user agreement and ToS. com's Reddit Forex Trading Community! Here you can converse I just recently got my first FTMO challenge. Same thing with taking a prop challenge. Welcome to /r/Netherlands! Only English should be used for posts and comments. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are faced with such strict trading restrictions nowadays, "prop firms" tends to mean firms like FTMO, where you are actually trading a demo account and failed challenges are more than enough to cover any win that a tiny percentage of traders will have. They kept saying I had to wait till the 10 days are over and then i could reach In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. Hey guys. Just passed my first FTMO challenge by hyper scalping. It's hard as I started ftmo challenge and my Forex funds challenge and in 1 week I passed ftmo. After having the funded account you don’t have any monthly profit target. com challenge requires a combination of preparation, risk management, discipline, and continuous learning. 09%, the profit factors are 3. Hello, So my idea is to take the challenge to gain some extra capital for trading. On day 2 I rode the manufacturing PMI with 80 lots, and then doubled down my position on EURUSD. Our goal is to help Redditors get answers to questions Hi! This is the first time I do a challenge for a prop firm. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. Passing the challenge is easy with a bit of luck but 99% of those who pass the challenge can’t manage to keep the account for more than a month since they would break the rules because they simply don’t know how to trade. I understand what I did wrong too but definitely not taking my chances elsewhere. If i do not violate any of the trading objectives and end up in the positive consodering my account gain, I am eligible for a Ftmo ticks all boxes, if you check reviews etc they are mainly all good ones, Plenty of people use ftmo not sure on your progress with forex but take the free trials before spending out on a challenge to be begin with and get used to According to MFF's own statistics around 2. The founders aim to continue improving the educational aspects of the platform. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results through acceptable methods. There is a reason why phase 2 have longer time to pass and less profit target to achieve, because the company I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. I did pass my FTMO Challenge in like a day with my first two trades. 5% profit per day. e impulse, corrective, impulsive etc. 380K subscribers in the Forex community. I am very risk averse so 2% per trade is high for me. Post any questions you have, there are lots of redditors with admissions Hello! I already passed ftmo demo trial for 14 days for 3 times already. $100k is equivalent to trading with $3500 worth of REAL capital because $5000 is the max limit for loss, and you gotta take 70% of your cut which boils down to $3500. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. Hey guys, I am currently doing an FTMO Challenge. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. Check out the sidebar for intro guides. I'm taking a break until next week. FTMO and other prop firms earn their money on people failing challenges. Challenge: Two-step program requiring 8% profit in step 1 and 5% profit in step 2, with max loss of 10% and max daily loss of 5%. I love practicing with these challenges. View community ranking In the Top 1% of largest communities on Reddit. But I'm happy with the ease of passing this challenge. The truth is prop firms like FTMO have a balancing act to perform. You have to be profitable to be able to make money on their I have tried the FTMO challenge a few days and got a very bad and unfair experience. co/gypqGK2 https://ibb. The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. 875 subscribers in the ForexCracked community. Find something that works atleast 50% win rate and do not ever break rules. But like 34 votes, 61 comments. Best of luck with your challenge. You need to buy the challenge and then pass both phases. The best thing I found to do is just to sit out of the market and take a step back if I'm really not feeling the price action. to be fair, ok over-leveraging. Buying another 200k challenge to max out my 400k allocation. I see you are 3 days into the challenge and you had a day where you were down nearly 8% on your challenge. It requires patience, time and discipline. And I would definitely recommend it to anyone who is serious about trading! One piece of advice for people starting the FTMO The FTMO Challenge is a structured evaluation process that traders must pass in order to get funded. This topic is mainly for people who already have a challenge going on, and they struggling with it, as it become more stressful and it might influence your performance. Articles, links, etc are all welcome. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. Or 2. You'll keep failing. I'm -ftmo's business model is based on the failed challenge fees. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. The subreddit has not kicked you out or gone private. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video In my personal opinion FTMO is best for day traders since for scalpers they may be affected by the trade copying and swing traders can't hold over the weekend. With the right strategy and mindset, you can I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. Rec Room is the best place to build and play games together. Stop taking ftmo challenge. Please explain it like I’m five. I failed my FTMO challenge today. Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. 32% and 4. I have reported the issue to the support team , I now await the response. 357K subscribers in the Forex community. No challenge is based on balance or you could start with 50k, have a trade open that’s negative like 20k, and when it goes to 55k you close it and win the challenge. jystvru pdlqv trk ylrhr bfv vgctdd metxmihd gadks xzalcgzy xpackni