Free ftmo challenge reddit For some crypto pairs for example, the contract size is 100. FTMO free Retake? pleass answer somone . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm 0. So you get a new 50k account every time. Just over 10 lots first 4 days and then 63 lots the last 2 days? That feels more like gambling . Hi! This is the first time I do a challenge for a prop firm. 600 Dollars (27k - 20%). Related to personal 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 courses, just here to share my progress :) FYI I used my latest creation, TurboScalpX discussed here last week: Welcome to FXGears. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. Just completed the 10% challenge for the 100k account on ftmo in 36 hours. I appreciate it. If u pass the challenge you get funded with their money. Find me on Discord: isaac_1805 Telegram: @isaacstrading My YouTube: @isaacstrading Just reduce your risk per trade and have some patience. I understand what I did wrong too but definitely not taking my chances elsewhere. If you are able to repeatedly pass our Free Trial, then there are chances you can succeed in the full FTMO Challenge as well. 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? View community ranking In the Top 1% of largest communities on Reddit. So to them, it is a completely risk free business. 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. Take your time, bad losing streaks happen to everybody. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. Or 2. 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. 8 million towards lobbying European institutions urging the withdrawal of lobbying badges Hey guys, I am currently doing an FTMO Challenge. I’m considering starting the FTMO challenge next week for the $10,000 account and was wondering if it’s a good idea. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed my first FTMO challenge by hyper i want to do the FTMO challenge but im not 18 yet and dont have documents only thing is a driver license, have a small account and pretty consistent now after 1. g +2%) you get a free retry. no I'm very proud to have just complete my FTMO challenge and I will share one of my favorite setups that I took to finish the challenge as well as 2 other examples of this setup that happened recently. I am been doing the free trial and have the TA down ok. Max daily loss and account loss are the 2 biggies. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo account with fictitious funds. com's Reddit Forex Trading Community! 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. My friend had 5 funded accounts and never a payout. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of how much you were down for the day. Thus, it’s equity based. First things first, let's start with the basics. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Patience, don’t deviate from your plan. For forex pairs, the contract size is 100,000 which is 1 standard lot. Close your trades and if If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I want to tell you my story with Ftmo challenge In the first week i was losing so much , I was opening losing positions one after another at day 8 my max loss hit 10000$, my If you make even a cent over the 10K capital, FTMO gives you a free retake. When you finally learn how to trade consistently and generate profits, the sky is the limit. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. We would like to show you a description here but the site won’t allow us. He traded the challenge and verification with 5%/trade and you don't have to be incredible lucky to pass the challenge and verification that way. 09%, the profit factors are 3. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Go back in time and stop yourself from buying a FTMO challenge without a plan in place I'm currently giving a look at the ftmo free trial Welcome to FXGears. I’m not saying its not hard. I took a 2. 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 Same thing with taking a prop challenge. Tiny risk and good mindset is the way to win. If you keep making consistent profits over three months you can gain larger accounts up . You will be able to see if I break any the ftmo rules. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. I can pass your ftmo challenge I’m only doing 5 spots . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge. (Just gotta wait 5 more days to complete the 10 day requirement) I’m so excited to start. I need ten minimum trading days. Savings: Get a 10% discount on all future FTMO purchases. I could see I was trading in a emotional state and felt very isolated. many will suggest 1% or aggressive 2% or conservative 0. Hey guys. Rec Room is free, and cross plays on Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm going to do it through ftmo free trial that way I can post all results and its more detailed. The rules for the Challenge Passing help you handle risk management better. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. Very happy with myself and my progress, especially that I started trading less than a year ago. I have been trading since 2020 Just hit 9% profit within a week after hitting 10% within only 2 weeks. Do not be tricked by fly-by-night firms offering cheap thrills. I passed FTMO demo in one day with very easy strategy, find good pair for swing trades and make 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 Welcome to FXGears. FTMO challenge . I'm not worried about the 5% daily drawdown limit, I know how to avoid that. i just need help on how i can Welcome to FXGears. You'll keep failing. Or take advantage of the challenge extension. $100k is equivalent to Welcome to FXGears. Thanks for the help I got when I was trying to find a good prop firm. I dont think it would unfeasible to assume there would be around the same number of paid trails going on by repeat offenders. This makes me profitable. 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! On my 25k FTMO Challenge it says the max daily loss is exceeded today but it never actually did, i never did at any point go into drawdown above $1,250, i had stop losses set The funded trader is new but has great reviews. 42000 in March and 33000 in Feb. Tonnes of trading. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Welcome to FXGears. Historical stock data costs Trading the FTMO challenge, the Verification, and the FTMO account can be done on some of the most popular retail platforms like cTrader, MetaTrader 4, or MetaTrader 5. Posted by u/[Deleted Account] - 2 votes and 18 comments 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. Also I'm fairly sure FTMO gives you a demo account after you've passed the challenge, and then they copy the trade onto a real account so there may be 1 pip differences by the time an order is filled which in your case could be huge. 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. 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 Step 1 – FTMO Challenge. Hi there. what are your thoughts about FTMO challenge Second question is I have a startegy that is 35-40 percent winner based on backtesting. But like Welcome to FXGears. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Historical forex data for trading is generally free. Prop Firms So I heard you get a free re-try if you fail the challenge but still end in profit without breaking the drawdown rules. Account specifications. Once you can pass their challenge several times this may give be an indication that you may be ready. Tried FTMO trial. However, the differences between the two should not be significant It's not hard to get funded. 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. The difficult thing for me will be reaching the 10% profit target. It has a free trial that’s quite tough if you ask me. Looking through the trades since I triggered the challenge to start. See Pinned Post in group or my latest video's description on YouTube. So from my assumption it’s basically like the verification and FTMO challenge without a target. But if I continue trading my current FTMO challenge, it does not look like I will reach the 10% target in this month either (the current challenge looks like it is heading to a free repeat again this month). 59 respectively. You will now lose the challenge if your account balance goes anywhere under 21. The real question is do YOU have a consistent and profitable method? That is the real question. FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! how many free retakes do u get with 1 ftmo challenge? Prop Firms Share Sort by: Best. This is because TradingView sources its price data from various exchanges and data providers, whileFTMO's MT5 platform sources its data directly from its liquidity providers. I am just practicing and am close to the profit needed but I 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. Is this good enough to move on to the real challenge? comments Did you already paid for the challenge? or actually FTMO provide a free trial prior to actual (paid) challenge? Reply I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. 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. 100 k challenge with 40 percent profit keep 10 % no time limit. 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). Hello folks. 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. Please note: We are not a customer support subreddit, please reach out to appropriate contact points for assistance with your order. I felt cheated and disappointed. Prop Firms Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first challenge, last week I started the second phase of the challenge and the whole time I've just been in loss, I've been trying to trade in a disciplined manner and haven't 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. WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. let me know ! Peace 875 subscribers in the ForexCracked community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Really can pass your FTMO challenge Prop Firms Share Add a Comment. 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. If you have any questions, comments or feedback regarding the subreddit, please feel free to send us a message through modmail. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! What I did was take the free challenge that FTMO Stop taking ftmo challenge. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. Because every account Hello! I already passed ftmo demo trial for 14 days for 3 times already. You have to be profitable to be able to make money on their Please explain it like I’m five. The subreddit has Welcome to FXGears. 00 lot trade and that started the losing streak. I'm Welcome to FXGears. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. After a while it seemed better to simplify everything and just look at plain simple price action, I. Seriously this dude is a wealth of free knowledge. Quick question I had for you guys. Hey guys I didn't break any rules in FTMO so the first day I lost 450, and today -470 on a 10k account I'm currently 9/030 will I get a free retake after the end of the challange? we will give you a new FTMO Challenge free of Currently I'm doing the FTMO challenge and I got to the profit target. 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 Looking for the golden goose, for The FTMO Challenge (as well as Verification and FTMO Account) is conducted in a demo trading environment that simulates real market conditions without financial risk other than the fee paid 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 wish to take on the FTMO challenge but do not have much knowledge on Day trading/trading in general. Can you share your experience? Withdrawal process with diff payout 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. Deposit the challenge fee into a brokerage account and trade it away. Our FTMO Challenge is the first step of our Evaluation Process. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Blown FTMO Challenge, but Progress Prop Firms Shame about the daily drawdown. 75% when I've made 16 trades and all profitable. After having the funded account you don’t have any monthly profit target. Welcome to FXGears. FTMO challenge, nearly there (0. Currently attempting my first ftmo challenge on the 10k account. i personally think i have the ability to pass the challenge, not fast but in 30 days for sure. I love practicing with these challenges. There must be something more to successfully ride the bit bigger prop account of course with all the pre phases So today I failed my FTMO challenge. Going for the 100k challenge next week Just some side notes: If you don't hit the 10% mark in the challenge you can get another free challenge attempt as long as you adhered to the other conditions and closed with a profit. And if you get lucky and you pass, you won't hold the account for long. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! First level ftmo challenge on a 200k account Prop Welcome to FXGears. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. Took a 70k FTMO challenge traded just gold, passed in 6 days. FTMO is legit, and I assume they have a lot of very successful traders. Exclusively on forex. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge Prop Firms This made no sense but I found it hilarious and it’s also the reason I would probably avoid steering people to Prop firms at least this one Adam Grimes. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. 32% and 4. We are currently recommending and standing by FTMO. IMO don’t pay for courses bc there’s enough The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. Prop Firms Passed my 200k challenge today! and letting em ride instead of maximizing every fucking pullback lol with no time restraint I intend to be stress free and really not risk a lot until the challenge has well paid Good stuff bro 💪I have started 25k challenge but I’m 2 weeks in -3% I do not think I will pass if there is any one out there who is willing to help I have open ears I have been trading a breakout strategy but I started during nfp week and the I am very risk averse so 2% per trade is high for me. I've narrowed down and will share some things that stood out and helped me succeed. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. I said August because I'll have a whole week off in August. Sorry for my English I have make challenge 3 times already, 2 times failed at verification, 1 time lost prop account. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its 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. 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. FTMO has stats on their FREE trail numbers posted up on their instagram. I want to take the FTMO challenge for a swing account in August. The idea of getting funded with FTMO makes it more appealing than trading stocks with my own money at the moment. 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 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. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. Assess your performances on the platforms that best suit FTMO only provides services of simulated trading and educational tools for traders. I did pass my FTMO Challenge in like a day with my first two trades. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Question about FTMO free re-try . Assuming you're between the top ones that pass the challenge, you now have the evaluation phase. But I realized in the end that if I do passed the challenge, then it's a free to use capital for me as I got my challenge fee back. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I just recently got my first FTMO challenge. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. 210k down. Ftmo is a prop fund and u pay a fee to participate in a challenge. This free challenge can be taken as many times as needed ‘Be your own challenge’ doesnt really work when people dont have the capital required to make good profits. 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. One thing you should know before taking this challenge is that FTMO requires steady traders. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. So, for example a common challenge is to do 8% in a month. Is anybody in here funded by FTMO? If so, what account size are you using and in what ways has it positively or negatively affected your life? Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. The purpose of the Free Trial is to serve our new clients to see how it works and assess their You have the chance to explore our Evaluation Process on the FTMO Free Trial on three of our platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and DXtrade. You need to sign up for the free 2-week FTMO demo challenge. I was 50$ away from starting over. Everything under Refund Policy. Today i finished my first phase of my 100k Challenge. - I can trade crypto on the Same thing happened with my first ftmo challenge, I was £700 in profit. So for example, take the FTMO challenge, you’ll need to pass the 10% target. 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 Trading 2 1/2 year u got any tips for on trading indicies (nas,us30,Spx) during nyse open at 6:30 I’m trying to focus on that with my next ftmo challenge (I’ve failed 5 100k acc 😂😂😂) 🤦🏾‍♂️ If you don't hit your profit target in 30 days, you lose the challenge. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. Mind you the 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. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. They have a long history in the industry, proven consistent payouts, and upstanding customer service. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Stop Loss and FTMO 100k challenge/trial Questions Hey all. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. That way I can be at my computer whenever I want. I have come along way! Please share your experience with trading or even FTMO :) Remember, in the market, perfection is elusive. . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Well, I just failed my FTMO challenge. 10% target / 20 days = 0. That's how they make their money, and it's one of the best business models out there. 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. Just had the largest payout I saw of 150 k to someone. The advantage of buying a new FTMO challenge is that I can take advantage of the new no time limit rule. FTMO Free reputable learning videos . I passed the free trial and I’m currently on my retake for the 50k challenge 🤷🏾‍♂️ Read their ad very carefully. We offer a Free Trial account, which is an abridged version of an FTMO Challenge. these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. But the funded accounts always ducked him Pass ANY Prop Firm Challenges: FTMO, E8, TFT, etc / Funded Account Management, I offer these services! Single Challenge Pass OR Contract Offer. I also did the same with an account on my wife’s acct and had 100k x6! I am recently also switching from trading options to forex. 5% risk and saw that it was doable within the 30 days but it depended mostly on the market conditions, luckily when I took the challenge markets were trending nicely and I passed the first phase within 13 days and the second phase within 6. Question about FTMO challenge! So, i took a 100,000$ swing challenge, and i completed 3/4 objectives, the only one I failed was the maximum daily loss! Land of the "Free"? 🇺🇸 View community ranking In the Top 1% of largest communities on Reddit. 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) . Top. but passed free trail twice in a row 1st within 3 days The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills to see if they have what it takes to pass an FTMO Challenge and Verification. After getting funded I ignored the trading plan and my psychology was in shambles. Traders can see the specification of the account directly on the trading platform. Things that helped me pass my FTMO challenge, verification, funding and payout . If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed FTMO Free trial Prop Firms Should I now try Welcome to FXGears. I am confident I will pass the challenge stage but I am a bit in the dark on the verification stage. Traders are free to select the platforms that suit them. 7 and 2. 000) as their Started the Ftmo challenge really well, stage 2 is a different story . You have to think everyone has a losing streak and if you’re risking a huge amount per trade you are going to lose no matter how good your strategy is or if you’re trading your Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. So I'd open a 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 However I know I needed a brief time off to recover my mental capital, I then drew a plan with plenty of time left, i needed to remove the emotional and mental distress of the challenge pressure and decided to aim for just 1% weekly target, and trade Welcome to FXGears. I would recommend improving your risk management before buying a Welcome to FXGears. Keep trading sharp! View community ranking In the Top 1% of largest communities on Reddit. Is it possible to still fail the verification stage if you don't violate any of the trading objectives? -ftmo's business model is based on the failed challenge fees. Account: 2090800614. Open comment sort options. 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. As for what prop funds are, google it. 5% per trade that’s one 1 RR trade per day. Sort by: or build something new and amazing to share with us all. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. If you don't hit your profit target in 30 days but you're profitable (e. Wish me luck. This includes unrealized losses. And his book, while not free, is one of the best resources you can get your hands on. Surely that Currently passing all required fields 10% achieved in 2 days. com's Reddit Forex Trading Community! Passed another ftmo challenge. 5% away from the goal) This is a free trial, should I do another one again to validate my system or should I jump now to a I have tried the FTMO challenge a few days and got a very bad and unfair experience. 50 loss or slight win. Only 8% of all challenge takers pass. Free Challenge: Earn a free FTMO challenge at the same size as your current account. Anyway shit day, over Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys I’m not new to Forex or anything but I’m planning on taking the FTMO challenge , but making 10% in 30 days (24 days if u take away weekends) is a lot I think I did the challenge myself. 5 year struggle, how can i go by doing this without an adult because i dont have any adults i can rely on. 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. 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. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. Just take a chill pill. Couldn’t get FTMO to let me retry, have to buy another challenge 🥲 (Fall 2023) is now Yeah, I was gonna say the same. The service they offer is for free up Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. 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. And / or add 1000 dollars to a real trading account and see if you can build that up. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. You mean the system itself, margins, spreads, leverage, trading fees and other factors that can affect your trading and your profits, however it is good to try your strategy several times on demo and see how it work before you got into challenge. FTMO is definitely the best firm. My equity curve: https://ibb. bro it is just a auto statistic free from FTMO, it means nothing Don’t take another challenge until you pass the free FTMO demo challenge again and again. 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. FTMO challenge. Please dont get me wrong as I have a very limited knowledge about profits etc. It says if they don't pass, they will refund you their fees, but NOT FTMO's challenge fees. 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 FXGears. You have 60 days (double the time) to make 5%. But I wanted to see how I can use this strategy to be successful at FTMO. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. com challenge. FTMO doesn’t have time limit anymore, so I would decrease risk even more, risk so little that you can easily lose 20 or more trades in a row. The majority of challenge takers are not aware of this and are risking only 1% to 2%. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You can test your ability with a free FTMO demo challenge account. It's perpetually free retries forever if you don't breach the loss rules and have 5% of This is a free trial, should I do another one again to validate my system or should I jump now to a real challenge? View community ranking In the Top 1% of largest communities on Reddit. 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. I can demo trade just fine, I passed 3 ftmo trials one after the other. It requires patience, time and discipline. To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. I have not violated any of the rules and have gained 5% over 4 days. Don't panic towards the end of the challenge to meet the profit target by risking more. 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 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. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. I have passed the initial challenge and I am currently trying for the verification phase. 5% profit per day. Get the Reddit app Scan this QR code to download the app now. The 2 major drawdown periods are plain and simply my fault. I don't understand why my win rate is 93. View community ranking In the Top 20% of largest communities on Reddit. I can understand why they have the rules they have. And looking where price moves to. Just a curiousity of mine. Countless YouTube videos, Udemy courses, Google searches. New. Prop Firms Feel free to post any news, questions, budget strategies, tips & tricks and advice related to YNAB. Most people tend to still take the initial capital before entering the trades (let's say 25. Best. Stick to it and at the very least you’ll finish in profit and get a free retry Reply reply Ground_Ball FTMO challenge experiment 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 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%. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that this stretches credulity Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Or check it out in the app stores   FTMO challenge anti-trust violations, tax avoidance and environmental negligencethe free of consequences market: Amazon has allocated €18. If they pass, you pay. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge Start off by trying out a demo challenge, stick to a plan and if you can complete a demo challenge 3 times sticking with the same plan without issues, go real challenge and save yourself some money. Different challenge types, 400k with a ten percent first month, 5 percent two month after. Risk/reward ratio is 1-3. If you cannot pass multiple times in a row, then prop firms are not for you. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. Marley's aren't going anywhere Welcome to FXGears. Very happy with myself and my You will now lose the challenge if your account balance goes anywhere under 21. Most importantly, have fun! Your trading journey is a marathon, not a sprint. If you are a real profitable trader 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. This past 30 days I tried my 3rd FTMO challenge of the year after starting forex back in April and I just passed the 2nd stage verification. ” So you could do news if you wanted to just to pass the challenge and get your funded Sorry OP but that's a dumb question. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge account. 5% profit per week, 5 RR per week. FTMO Challenge . Multiple passes in a row. Now I have to wait 8 days to start step 2. I've been reviewing my trades. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or Let's say your daily drawdown limit is 20% (realistically probably way lower). I usually trade my own money and wanted to know some things. I found for me intraday is best, and I'll take multiple trades throughout the day. On the 50 lot day, if your stop loss across those 5 trades was 20 pips each, your risk was equivalent to $10,000 to make $840. I don’t know if I get the profit split of the challenge Welcome to FXGears. My question View community ranking In the Top 1% of largest communities on Reddit. Thats why Welcome to FXGears. EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO ANYTHING WITH THAT ACCOUNT. If so, are there any tips/recommendations you all could give for when I start? 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. co/R6FLGqR I did, when I was looking to take the challenge i practiced first using 0. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Almost close to reaching target on 50k FTMO Challenge. Risking 0. I feel the challenge is more of a puzzle. So once you withdraw your profit for those 30 days it restart like a challenge. e impulse, corrective, impulsive etc. I plan on taking the challenge but it's definitely not as great as I thought it was. Without the weekends, you’ll get 20 trading days. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. View community ranking In the Top 1% of largest communities on Reddit. Everything about this response is a bad take really Reply I'm assuming you had some historical trades/track record you based your risk on going into the challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Forgive me but wouldn't it have been wiser to take up the challenge with the biggest account like for eg. However, if you can do that, then you are in the game. 200k more to go. If you pass the challenge and verification you will be refunded the amount you paid for the account after you have 1 profitable month in your funded account. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. jsi efvkf bss cjiefcxs apl hsz tikx klet dqil sqycp