Free ftmo challenge reddit. You will be able to see if I break any the ftmo rules.


  • Free ftmo challenge reddit 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. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. Couldn’t get FTMO to let me retry, have to buy another challenge 🥲 (Fall 2023) is now Yeah, I was gonna say the same. 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. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. So for example, take the FTMO challenge, you’ll need to pass the 10% target. 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. To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. 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. The difficult thing for me will be reaching the 10% profit target. Seriously this dude is a wealth of free knowledge. 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. 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. 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. I've narrowed down and will share some things that stood out and helped me succeed. For some crypto pairs for example, the contract size is 100. 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. I plan on taking the challenge but it's definitely not as great as I thought it was. g +2%) you get a free retry. You'll keep failing. I have not violated any of the rules and have gained 5% over 4 days. 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. 7 and 2. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. You have to be profitable to be able to make money on their Please explain it like I’m five. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. The idea of getting funded with FTMO makes it more appealing than trading stocks with my own money at the moment. FTMO has stats on their FREE trail numbers posted up on their instagram. We would like to show you a description here but the site won’t allow us. e impulse, corrective, impulsive etc. Don't panic towards the end of the challenge to meet the profit target by risking more. Most importantly, have fun! Your trading journey is a marathon, not a sprint. So you get a new 50k account every time. Just take a chill pill. Different challenge types, 400k with a ten percent first month, 5 percent two month after. And his book, while not free, is one of the best resources you can get your hands on. Traders can see the specification of the account directly on the trading platform. Sort by: or build something new and amazing to share with us all. 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. 5% profit per day. 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. 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. Thats why Welcome to FXGears. Hello folks. Wish me luck. Tonnes of trading. 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. I can understand why they have the rules they have. 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. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. Quick question I had for you guys. 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). We are currently recommending and standing by FTMO. 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) . Deposit the challenge fee into a brokerage account and trade it away. 000) as their Started the Ftmo challenge really well, stage 2 is a different story . 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. 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. 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. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. Everything under Refund Policy. Took a 70k FTMO challenge traded just gold, passed in 6 days. We offer a Free Trial account, which is an abridged version of an FTMO Challenge. 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. 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. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. I have been trading since 2020 Just hit 9% profit within a week after hitting 10% within only 2 weeks. 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. 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. 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. 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. After having the funded account you don’t have any monthly profit target. 42000 in March and 33000 in Feb. If you are able to repeatedly pass our Free Trial, then there are chances you can succeed in the full FTMO Challenge as well. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. FTMO challenge . 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! I'm going to do it through ftmo free trial that way I can post all results and its more detailed. ” 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. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. 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. 5% profit per week, 5 RR per week. Please dont get me wrong as I have a very limited knowledge about profits etc. I would recommend improving your risk management before buying a Welcome to FXGears. 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. 210k down. 100 k challenge with 40 percent profit keep 10 % no time limit. Take your time, bad losing streaks happen to everybody. 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. Get the Reddit app Scan this QR code to download the app now. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). 5 year struggle, how can i go by doing this without an adult because i dont have any adults i can rely on. After a while it seemed better to simplify everything and just look at plain simple price action, I. Without the weekends, you’ll get 20 trading days. So to them, it is a completely risk free business. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. 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. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. 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. Risk/reward ratio is 1-3. 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. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo account with fictitious funds. My question View community ranking In the Top 1% of largest communities on Reddit. Countless YouTube videos, Udemy courses, Google searches. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. Very happy with myself and my You will now lose the challenge if your account balance goes anywhere under 21. 09%, the profit factors are 3. And looking where price moves to. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Welcome to FXGears. 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. Welcome to FXGears. Things that helped me pass my FTMO challenge, verification, funding and payout . 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. 59 respectively. Surely that Currently passing all required fields 10% achieved in 2 days. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm 0. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. I have passed the initial challenge and I am currently trying for the verification phase. 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. 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. But like Welcome to FXGears. 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. Currently attempting my first ftmo challenge on the 10k account. Thanks for the help I got when I was trying to find a good prop firm. many will suggest 1% or aggressive 2% or conservative 0. However, the differences between the two should not be significant It's not hard to get funded. 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. So, for example a common challenge is to do 8% in a month. Keep trading sharp! View community ranking In the Top 1% of largest communities on Reddit. You will now lose the challenge if your account balance goes anywhere under 21. 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. 10% target / 20 days = 0. If you keep making consistent profits over three months you can gain larger accounts up . I want to take the FTMO challenge for a swing account in August. Marley's aren't going anywhere Welcome to FXGears. I could see I was trading in a emotional state and felt very isolated. FTMO challenge. And / or add 1000 dollars to a real trading account and see if you can build that up. 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%. If they pass, you pay. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. They have a long history in the industry, proven consistent payouts, and upstanding customer service. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. 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 felt cheated and disappointed. 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. And if you get lucky and you pass, you won't hold the account for long. let me know ! Peace 875 subscribers in the ForexCracked community. I usually trade my own money and wanted to know some things. Or 2. The real question is do YOU have a consistent and profitable method? That is the real question. Thus, it’s equity based. - I can trade crypto on the Same thing happened with my first ftmo challenge, I was £700 in profit. 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. Anyway shit day, over Welcome to FXGears. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. I can demo trade just fine, I passed 3 ftmo trials one after the other. 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. Today i finished my first phase of my 100k Challenge. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. For forex pairs, the contract size is 100,000 which is 1 standard lot. Historical forex data for trading is generally free. See Pinned Post in group or my latest video's description on YouTube. co/R6FLGqR I did, when I was looking to take the challenge i practiced first using 0. 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. 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 account. 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. Prop Firms Feel free to post any news, questions, budget strategies, tips & tricks and advice related to YNAB. Hey guys. Assuming you're between the top ones that pass the challenge, you now have the evaluation phase. I wish to take on the FTMO challenge but do not have much knowledge on Day trading/trading in general. FTMO is definitely the best firm. Multiple passes in a row. 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. Best. View community ranking In the Top 1% of largest communities on Reddit. WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. As for what prop funds are, google it. 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. 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. This makes me profitable. If u pass the challenge you get funded with their money. Looking through the trades since I triggered the challenge to start. 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. Just completed the 10% challenge for the 100k account on ftmo in 36 hours. Just over 10 lots first 4 days and then 63 lots the last 2 days? That feels more like gambling . If you cannot pass multiple times in a row, then prop firms are not for you. (Just gotta wait 5 more days to complete the 10 day requirement) I’m so excited to start. You need to sign up for the free 2-week FTMO demo 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. Please note: We are not a customer support subreddit, please reach out to appropriate contact points for assistance with your order. 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. Tiny risk and good mindset is the way to win. I found for me intraday is best, and I'll take multiple trades throughout the day. Open comment sort options. Now I have to wait 8 days to start step 2. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. Once you can pass their challenge several times this may give be an indication that you may be ready. I passed the free trial and I’m currently on my retake for the 50k challenge 🤷🏾‍♂️ Read their ad very carefully. 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). 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. FTMO Challenge . 600 Dollars (27k - 20%). 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 . 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. I don't understand why my win rate is 93. But I wanted to see how I can use this strategy to be successful at FTMO. 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. The majority of challenge takers are not aware of this and are risking only 1% to 2%. I am confident I will pass the challenge stage but I am a bit in the dark on the verification stage. 32% and 4. 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. FTMO challenge, nearly there (0. The 2 major drawdown periods are plain and simply my fault. FTMO free Retake? pleass answer somone . I’m considering starting the FTMO challenge next week for the $10,000 account and was wondering if it’s a good idea. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. First things first, let's start with the basics. Do not be tricked by fly-by-night firms offering cheap thrills. Question about FTMO challenge! So, i took a 100,000$ 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. Top. I appreciate it. 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. Tried FTMO trial. 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. 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. 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. I need ten minimum trading days. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. I love practicing with these challenges. You have 60 days (double the time) to make 5%. I have come along way! Please share your experience with trading or even FTMO :) Remember, in the market, perfection is elusive. Find me on Discord: isaac_1805 Telegram: @isaacstrading My YouTube: @isaacstrading Just reduce your risk per trade and have some patience. i just need help on how i can Welcome to FXGears. Only 8% of all challenge takers pass. I did pass my FTMO Challenge in like a day with my first two trades. After getting funded I ignored the trading plan and my psychology was in shambles. The rules for the Challenge Passing help you handle risk management better. 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. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. 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$, my If you make even a cent over the 10K capital, FTMO gives you a free retake. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. 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. View community ranking In the Top 20% of largest communities on Reddit. 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. Savings: Get a 10% discount on all future FTMO purchases. 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. 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. FTMO is legit, and I assume they have a lot of very successful traders. . Free Challenge: Earn a free FTMO challenge at the same size as your current account. However, if you can do that, then you are in the game. You will be able to see if I break any the ftmo rules. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. Hi there. I took a 2. Risking 0. 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. New. The advantage of buying a new FTMO challenge is that I can take advantage of the new no time limit rule. I’m not saying its not hard. The subreddit has Welcome to FXGears. com challenge. 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. Account specifications. FTMO. 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. 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. 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. 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. 200k more to go. 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. 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. It has a free trial that’s quite tough if you ask me. 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. 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). 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. It says if they don't pass, they will refund you their fees, but NOT FTMO's challenge fees. 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. Just had the largest payout I saw of 150 k to someone. 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. Assess your performances on the platforms that best suit FTMO only provides services of simulated trading and educational tools for traders. Account: 2090800614. I feel the challenge is more of a puzzle. Or take advantage of the challenge extension. I'm Welcome to FXGears. Traders are free to select the platforms that suit them. So from my assumption it’s basically like the verification and FTMO challenge without a target. 5% per trade that’s one 1 RR trade per day. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge. Just a curiousity of mine. 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. Close your trades and if If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". 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. So once you withdraw your profit for those 30 days it restart like a challenge. Because every account Hello! I already passed ftmo demo trial for 14 days for 3 times already. 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. 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. FTMO Free reputable learning videos . When you finally learn how to trade consistently and generate profits, the sky is the limit. what are your thoughts about FTMO challenge Second question is I have a startegy that is 35-40 percent winner based on backtesting. 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. 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. I am been doing the free trial and have the TA down ok. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that this stretches credulity Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. My question is: Can I just open two positions on two separate days and close them right away for a break even, or will it be considered as "cheating"? Thanks in advance for your help! Welcome to FXGears. I understand what I did wrong too but definitely not taking my chances elsewhere. I was 50$ away from starting over. My equity curve: https://ibb. Sorry for my English I have make challenge 3 times already, 2 times failed at verification, 1 time lost prop account. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. 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. 50 loss or slight win. Max daily loss and account loss are the 2 biggies. 00 lot trade and that started the losing streak. One thing you should know before taking this challenge is that FTMO requires steady traders. 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. 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. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I said August because I'll have a whole week off in August. Most people tend to still take the initial capital before entering the trades (let's say 25. That way I can be at my computer whenever I want. Exclusively on forex. Hi! This is the first time I do a challenge for a prop firm. It requires patience, time and discipline. I'm not worried about the 5% daily drawdown limit, I know how to avoid that. $100k is equivalent to Welcome to FXGears. If you don't hit your profit target in 30 days but you're profitable (e. This includes unrealized losses. 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. 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. 8 million towards lobbying European institutions urging the withdrawal of lobbying badges Hey guys, I am currently doing an FTMO Challenge. 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. i personally think i have the ability to pass the challenge, not fast but in 30 days for sure. That's how they make their money, and it's one of the best business models out there. Ftmo is a prop fund and u pay a fee to participate in a challenge. these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. 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. The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. My friend had 5 funded accounts and never a payout. I don’t know if I get the profit split of the challenge Welcome to FXGears. com's Reddit Forex Trading Community! Passed another ftmo challenge. Very happy with myself and my progress, especially that I started trading less than a year ago. I dont think it would unfeasible to assume there would be around the same number of paid trails going on by repeat offenders. 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. 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. 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. If you have any questions, comments or feedback regarding the subreddit, please feel free to send us a message through modmail. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. 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. 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. 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. 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. 75% when I've made 16 trades and all profitable. I've been reviewing my trades. midmb kbdwuzx pcrv zykua rat mqntt pim grxzt gdk kxibuo