Ftmo challenge price reddit. Prop Firms Hello guys. And in my opinion, it is even easier than other currency because of the volume. No "is such and such firm legit" google search or community question is going to replace a strong, nearly decade history, of operating and paying out their traders like FTMO has. If the goal is to get funded surely you would want to just pass the 200k rather than 10k first and so on. Video Editing. 00 lot trade and that started the losing streak. Balancing FTMO challenge and job, August trading the advantage of having a week at home to actively manage trades and catch every opportunity outweigh the slow August price action? Or should I try the challenge in a different month, bearing in mind that I'll be at work Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. The FTMO Challenge duration for all accounts is 30 calendar days. P/L Porn Locked post. For example, I bought at 1. Hello! I already passed ftmo demo trial for 14 days for 3 times already. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. 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. Dit allemaal om "kaf van het koren scheiden". to be fair, ok over-leveraging. The idea of getting funded with FTMO makes it more appealing than trading stocks with my own money at the moment. I submitted a claim. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm taking the FTMO challenge, and this trade just closed with SL. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Confused about ftmo challenge Prop Firms I see that my daily loss was exceeded though im in profit. Because every account you Take your time with the verification. 377K subscribers in the Forex community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed another ftmo challenge. 8. 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. Looking through the trades since I triggered the challenge to start. I’m considering starting the FTMO challenge next week for the $10,000 account One thing you should know before taking this challenge is that FTMO requires steady traders. Prop Firms Almost close to reaching target on 50k FTMO Challenge. It has a free trial that’s quite tough if you ask me. Sort by: Best When price action is outside of BB and ADX is picking up in the opposite direction. My challenge looks like Price Action. This metric evaluates a trader’s ability to safeguard and grow their What are the prices for the FTMO Challenge? The prices for the FTMO Challenge vary based on the account size and risk level chosen. You'll keep failing. The Support is always executed very quickly as well as the setup of the Accounts and everything in between. Any Questions, feel free to ask. the supply and demand really helps determine where . To change your account type, click on the “Modify” button in your Account MetriX. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to So today I failed my FTMO challenge. I have just started the demo challenge as well, and I am using TradingView to do the analysis. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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. 21450. Posted by u/BackgroundAd7155 - 1 vote and 9 comments That's true. So you get a new 50k account every time. However, we have a maximum capital allocation limit when you are an FTMO Trader, which is $400,000 (prior to scaling) per trader or strategy, at any given time. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my entries back then i says WTF why did i took that trade whats the reason for the entry, I was just want to make money fast, Greed blinded my insight now, I believe revenge/over Posted by u/WoodenBee8908 - No votes and 1 comment Hey, thanks for sharing your experience with the FTMO Challenge! It's great to hear that you were able to pass Phase 1 in just 4 days without any losses. FTMO price differences. This course will dramatically increase your chances of passing the FTMO Challenge on your first attempt. com's Reddit Forex Trading Community! Here you can converse about Key features: 01 Explore the FTMO platform and unlock Free Trial bundle of Tools & Services; 02 Assess your trading skills without entry fee; 03 Gain insight into the FTMO Challenge and Verification; 04 Identify areas for improvement before undertaking the paid FTMO Challenge; Important Reminders: 01 Free Trials of FTMO Challenge do not 1. 11 votes, 36 comments. Welcome to FXGears. It's not hard. FTMO is legit, and I assume they have a lot of very successful traders. Sort by: Best. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge account. While you're at it, Does anyone else notice the price of pairs on DXtrade is different from trading view. When you become an FTMO Trader, we already know that we can trust your trading skills and abilities to manage risk properly and therefore, we will provide you with top-rated trading conditions in the industry. It's the profit at the end of the day and week that matters. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ftmo rules . I believe a lot of people fail the challenge trying to get the verification over quickly. 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. That means 30 days is the defined maximum of days available to reach the defined goals. Once funded I try to set myself a target of 10-12% per month. What's even more interesting is that on mt5 within the FTMO server chart itself, price price peaks at 1963. Which is a right pair for FMTO challenge for more accuracy? Thanks. Most importantly, have fun! Your trading journey is a marathon, not a sprint. There's a reason we never recommended and actively shunned MFF. New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. FTMO. This caused me to fail the challenge. Posted by u/ThatArmy2631 - 1 vote and 1 comment Welcome to FXGears. 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. 513 subscribers in the marketscreen community. I could see I was trading in a emotional state and felt very isolated. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. FTMO challenge . Theoretically you could complete the entire challenge in a couple of days if you are good enough or get extremely lucky. I'm assuming you had some historical trades/track record you based your risk on going into the challenge. 5%+ per month to scale up the accounts every 4 months with ftmo (maybe other firms also). As I'm wrapping up with my FTMO challenge, one thing I would like to know but cannot find any information on is once you become an FTMO trader, what happens at your monthly profit split if your account is in a slight loss but you haven't breached any of the drawdown rules during that month? Say you end the month at $199,000 on a $200k account. I was only targeting a 1:1 RR and leaned on a higher win rate for profitability. Go get a job, buy a 100k FTMO got 500£. Posted by u/Juice122 - 8 votes and 12 comments I was down 9% on my ftmo challenge and caught a massive trade on gold. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. 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 Thank god I figured out the tp feature, now I can pad my stats in my slumber. To give context I have been trading for 6 years profitable for the last two and have been trading with my own capital since. 7M subscribers in the algotrading community. For example Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. 22 votes, 24 comments. 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! ---- /r/Forex is the official subreddit of FXGears. Just had the largest payout I saw of 150 k to someone. - Each challenge was done separately, months between one Welcome to FXGears. I have received my payout 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. My equity curve: https://ibb. Update: FTMO challenge experiment day 1. So from my assumption it’s basically like the verification and FTMO challenge without a target. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. It incorporates the most common prop trading rules, giving you an edge in the competitive world of prop trading. and btw my win rate is close to 80%, I only take one trade a day those are just multiple TP or SL. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 50K FTMO Challenge . Seems to work so I'll see how it Just hit 9% profit within a week after hitting 10% within only 2 weeks. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. 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 pass the account do they also include the extra % you’ve made over the 10% target? Talented FTMO Traders who meet our Scaling Plan requirements are rewarded with a 25% increase in their FTMO Account balance and a bigger reward of 90%. Tried for a 10k challenge the other Welcome to FXGears. 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. How to pass a prop firm challenge GUARANTEED [Ultimate Prop firm challenge passing strategy] One such challenge that traders often encounter is the FTMO challenge, an evaluation process used by the Forex Traders Money Office (FTMO) to screen potential proprietary 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. 93 (See Image) Now I wouldn't be worried if the SL had got hit and the chart on mt5 showed price reaching my SL but this makes me skeptical about trying the challenge when there's "hidden" price action on the charts. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! First FTMO Challenge Passed - Onto Verification! Prop Firms Share Add a Comment. Sort by: Yep but mostly just gold for what i see on videos people use US30 The next section of the FTMO review explains the details of the FTMO Challenge, the Verification process and the specific trading objectives. 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 i forgor yesterday so here it is updating you guys on scroll prices every day until they drop to 100m total or i get all the When I searched, I didn't really find an answer to this question, so today I'm sharing my experience with you in hopes that others will do the same later. But if I apply for this exact same challenge by PC Welcome to FXGears. I’ve heard about Prop firms and after massive drawdown in my personal account I said why not. If you make even a cent over the 10K capital, FTMO gives you a free retake. 100 k challenge with 40 percent profit keep 10 % no time limit. The hedge makes your max loss the price of entering the challenge. The real question is do YOU have a consistent and profitable method? That is the real question. 5-1. If you keep making consistent profits over three months you can gain larger accounts up Stop taking ftmo challenge. It basically means that if you manage to pass, you get funded and it costs you nothing. You have to pay a fee to take the challenge, fee that is refunded if you pass. FTMO Prices /= whatever broker you have View community ranking In the Top 1% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about Currently taking the 100K challenge with FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO week two of the challenge on a scalping account. Articles & Blog Posts. This would be the initial investment, and then he would take some share from the profit split for the monthly payout. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge question . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and max drawdown of a winning ftmo strategy. 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 We will be automatically alerted that you have passed your FTMO Challenge and we will proceed to evaluate your trading results accordingly. Broke even on the sell for the retest of support but caught the long. wait price to enter in those zones, go down to your 15min timeframe and start looking 342K subscribers in the Forex community. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. Account: 2090800614. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO 160K EUR challenge in 1 day Prop Firms Share Sort by: Best. On day 2 I rode the manufacturing PMI with 80 lots, and then doubled down my position on EURUSD. Max daily loss and account loss are the 2 biggies. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. 1%-3% max but I think 0. 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! Is there any chance i get to retake the challenge or is it done and dusted? Because i read somewhere that they allow you to View community ranking In the Top 20% of largest communities on Reddit. 210k down. 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. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. Surely 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. Very happy with FTMO challenge prices. 6 pips slippage. 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). There is obviously resistance around 11630 and given there was a major rally friday and price is still around that close I expect there is going to be some retracement to somewhere around 11500. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. In the second challenge, I decreased my lot size 25% after the first phase. Open comment sort options. Social Media Management. Doesn't 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 😂😂😂) 🤦🏾‍♂️ I think so, but not all of them, people say why wouldn't they do it themselves, lest they forget max amount you can have is 400k on ftmo for example, so if he can consistently make profit on his/her own, they can do it on other accounts, and if they manage it after the challenge, take a % of what they make on the account, if they lose the challenge, they This is why you tend to see "I passed the FTMO challenge (secret : after their 8th attempt)" posts and zero "3rd month in a row extracting an income from FTMO" posts. 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. Share Sort by: 1- Price has a clear up-trend, with all Ichimoku's 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 Coins 0 coins New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. 6 pips and still had 6. 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 Our FTMO Challenge is the first step of our Evaluation Process. keep adding or wait to get filled at a better price and keep adding - Main focus is for price to fill gaps on 1m chart and add as gaps are filled either take profit when I have made over 1% or take loss is technicals breakdown or loss limit hit (2%) - this has not happened yet Welcome to FXGears. 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. Popular options include the FTMO Calander, Forex Factory, Myfxbook, and TradingView. Posted by u/Ok-Rich8651 - 4 votes and 4 comments View community ranking In the Top 1% of largest communities on Reddit "my first FTMO challenge is going well so far, any advice or questions are welcome. Worth a shot at a 100k 12 votes, 26 comments. Months of rigorous backtesting, adherence to my rules, and meticulous risk management finally paved the way for consistency. I pass the challenge within 10 days. Posted by u/Sure_Might_558 - 1 vote and no comments 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 there set objectives and rules View community ranking In the Top 50% of largest communities on Reddit. I'm relying on ChatGPT to assist with drafting my I’ve passed a couple challenges and I hated them. To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. I took a 2. . During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. Algo beats FTMO trial challenge in less than a day (Stats + Equity curve) With fractional routing on swaps to utilize all the liquidity on Harmony for the best available price impact on orders. This includes unrealized losses. In the Client Area, you can select your FTMO Challenge based on the Account Balance, Profit Target: The target is $1,000 in the normal mode and $2,000 in the aggressive mode. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO 10,000k Challenge Passed! Prop Firms Share Add a Comment. Don't miss out on This exclusive discount here -> Join FTMO today! <- The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. 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 FTMO really doesn't like it when you risk a lot. EUR/USD fu**ed up big time and now I have only 6 days to reach a large 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. " comments Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments Posted by u/Born-Sprinkles6622 - 1 vote and 1 comment Probably 2 business days to get the account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge on 31 of december & 1st of Jan (BTCUSD) Prop Firms I got bored because markets are closed so I started my bot on BTCUSD on a new challenge :D If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. But if I apply for this exact same challenge by PC they charge 155€. 90% reward . PIP stands for Point-In-Percentage. I wonder if it’s possible to get 4 ftmo challenge to get one real account. One Free FTMO Challenge of the same size as the qualified FTMO Account . Prop Firms Passed my 200k challenge today! Super pumped. Anybody x2 200k FTMO challenges x1 100k FTMO challenge You can see the progress. Free Challenge: Earn a free FTMO challenge at the same size as your current account. Breaking rules etc etc. And even though you faced some challenges in Phase 2, it's impressive that you were able to recover all of your losses and end the day without any losses. Logo Design. We also take a closer look at the evaluation The prices of challenges propfirm to access FTMO funded accounts are proportional to the size of the account, generally costing between 0. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. Can you share your experience? Withdrawal process with diff payout 23 votes, 50 comments. Hey guys. 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. The FTMO Challenge educates traders and leads them to master their trading habits. 9% just goes to show it’s not over til it’s over. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. The Getting an FTMO Challenge is your first step towards becoming an FTMO Trader. WordPress. Don't let this opportunity pass you by. Or check it out in the app stores &nbsp; amount on my challenge is there a reason why and if so why is it better / different? Thank you I saw something interesting on FTMO , the price for 10k account is the same (155 euro) for all curencies ( GBP , EUR , USD) , so isn't it Hey guys, I am currently doing an FTMO Challenge. It will take you 6 times to lose a challenge to lost the $1000 account had you funded your account with your own money. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge. De "forse fees" om de challenge te doen krijg je terug na je eerste maand nadat je de challenge hebt gehaald. 7 and 2. Been consistently flipping small accounts for a while so decided to give ftmo a shot. 5% and 1. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Trade I took on my FTMO challenge today +5. The truth is prop firms like FTMO have a balancing act to perform. com's Reddit Forex Trading Community! Here you can converse about trading ideas 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 have also started new challenges Posted by u/GoatedBum - 1 vote and no comments A Pip is a unit in price change commonly used in Forex. 357K subscribers in the Forex community. I have a 93% win rate with total ~20 trades (only have 1 lose trade). And not only that, but the Verification too! This is the best Forex course for beginners to learn how to pass any Prop Trading Firm challenge, and during the course, you will witness the entire process with the most popular firm – FTMO. 875 subscribers in the ForexCracked community. First things first, let's start with the basics. Open comment sort options I am very risk averse so 2% per trade is high for me. New comments cannot be posted. Quadrio offices Purkynova 2121/3, 110 00, Prague The math is quite easy. It is evident, the price change is very small and for that I'm just watching the price movement on the short term. You only need to earn 2. FTMO makes the majority of their revenue from bad traders who are stupid enough to fall into the above loop which is a large amount of them. Only traded today!! Hi Everyone, I pass prop firm challenges. Does FTMO offer a retry? Based on the web search results, it 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 scam or not. 000) as their calculation-basis and call funding firms a scam because their account balance never went under 20k (25k Welcome to FXGears. 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 free re-try according to FTMO's FAQ. com, a trading forum run by professional traders. Deposit the challenge fee into a brokerage account and trade it away. 100K FTMO Challenge! Currently taking the 100K challenge with FTMO. Terms & Policies FTMO challenge tradingview. While you, the trader, naturally want the biggest bang for your buck, prop firms simply can't offer massive accounts at rock-bottom prices. Two Types of Passing Welcome to FXGears. You need to buy the challenge and then pass both phases. View community ranking In the Top 1% of largest communities on Reddit. 12% overall DD, 6% 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). Most people tend to still take the initial capital before entering the trades (let's say 25. Now, Your balance is still at 50k, but your equity is at 47000 and just like that You failed the daily limit and the challenge by going below the How has passing the FTMO Challenge and Verification changed your life? I'm now able to trade 40k euros, so the undercapitalization problem is immediately solved, knowing that FTMO Challenge Free Trial . comments I'm not guessing where price is going I have a strategy and rules. I presume you would get the fee back even if you lost the account, BUT DON’T LET THAT HAPPEN. 3 pips to reach the SL. Je mag de challenge zo vaak doen als je wilt, zolang je maar in de positieve cijfers blijft. Please dont get me wrong as I have a very limited knowledge about profits etc. 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. FTMO and other prop firms earn their money on people failing challenges. PMI ride FTMO gives you a demo account with real life "features" such as spread between BID and ASK. It requires patience, time and discipline. Don't panic towards the end of the challenge to meet the profit target by risking more. Buying another 200k challenge to max out my 400k Welcome to FXGears. Today i finished my first phase of my 100k Challenge. SEO. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. Example: EURUSD price increases from 1. 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. Posted by u/No-Journalist5561 - No votes and 2 comments Welcome to FXGears. I'm showing all my trades daily. co/R6FLGqR (edit - it's not actually equity curve as it shows only the profits made and not the account balance) This week you open a new position and it starts to go against you at minus -$1900. and yes I broke rules 🤷‍♂️ but it's hard mentally. 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 scalping. However, if you can do that, then you are in the game. Uhum. Anyways can some one Welcome to FXGears. 21300 to 1. If something still seems unclear even after reading Do you have any questions about our Challenge or Verification process? You are going to find all the answers here! This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. I have passed the initial challenge and I am currently trying for the verification phase. You just need to wait in the right time (I trade on NY section) and wait for the volume to kick in. 00. You will get FTMO and all prop firm challenge pass Samuel is extremely hard working and appears to be competent at trading. Open comment sort options The Verification stage has easier Trading Objectives compared to the FTMO Challenge stage as the Profit Target is reduced by half, and just like in the first step, you have an unlimited amount of time to pass. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Been trading is this world call FOREX from 2016, developing EA/robot. The advantage of buying a new FTMO challenge is that I can take advantage of the new no time limit rule. Either you are trading $100k of your own, or spending the entry fee to attempt to trade $100k of theirs. Well, just then you FAILED the challenge because you lost 8K last week then opened a position that briefly went -$2010 passing your maximum allowed drawdown at 10% or 10k. Posted by u/Zestyclose_Sweet_285 - 33 votes and 44 comments This service will cost you hundreds of dollars (depending on the account contract's size) plus the fee for FTMO Challenge. Please note that this is a hypothetical plan and should not be considered financial advice. com's Reddit Forex Trading Community! Here you can converse about trading ideas In the case of FTMO, you would have passed the challenge the first month and gained 10% the second month on $100k, which would be $10k, then take home $7000 from your 70%. I started using it about a month ago now and just made it to step 2 on the 150k challenge. 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. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. 331K subscribers in the Forex community. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of Same thing happened with my first ftmo challenge, I was £700 in profit. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. For example FTMO which is a very known prop firm with great reputation. Don't miss out on This exclusive discount here-> Join FTMO today! <- I actually traded gold on FTMO demo account for a while. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. This serves as a testament, however, of how badly designed the FTMO challenge is. Now im 5% Posted by u/notelling00 - No votes and 7 comments All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Going for the 100k challenge next week Posted by u/broskio777 - 1 vote and 1 comment Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Stop wasting your time with a small account and start trading seriously! Start FTMO Challenge. I don't understand why my win rate is 93. Using tradingview for analysis. Daily loss was 1250 but mine was 1280$ Does this mean everything is over Welcome to FXGears. So in my case, I reached a draw down exceeding 5%, but never an Get the Reddit app Scan this QR code to download the app now. This is my 3rd time with FTMO. took two+ years to be vindicated on that, but for the ones not tricked by a cheap price How many accounts can I have? We do not place any limit on the number of accounts you can have in the FTMO Challenge and Verification stage. 23% profit on day 1 of ftmo challenge. 0. 8 - Win rate of 55-60%. true. Cant wait for the downvotes on this Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Sort by: (Shorts blew Welcome to FXGears. That means you can trade with up to $200,000 on an FTMO Account at an unbeatable price. 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 Could you tell me what broker I should set on tradingview to see the prices FTMO follows? Please explain it like I’m five. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. 75% when I've made 16 trades and all profitable. As you can see I’ve came Welcome to FXGears. You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. it relates. Or check it out in the app stores &nbsp; Another trade for my FTMO challenge +4% Charts and Setups Share Add a Comment. I just received my second ftmo account late last week, and I’m done with those challenges for awhile. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. I also did the same with an account on my wife’s acct and had 100k x6! The issue here is that you see all the 'success' stories and no failure stories. New I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. After approximately 1-2 business days, we will then send you the new account login credentials for the Verification stage. I trade all major currency pairs, and for the challenge my base position sizes were 5 and 10 lots. Posted by u/gauras - 5 votes and 13 comments View community ranking In the Top 1% of largest communities on Reddit. Prop Firms . Lots of closing on positions for the first like 4-5 days when I should've really just waited. Trade for Modern Prop Trading Firm. To help you met these Trading Objectives, with the purchase of the FTMO Challenge you will Just received this email from FTMO. FTMO Challenge Selection: Considering a $500 budget, I'd opt for the FTMO Challenge with a 10% profit target and 5% maximum daily loss limit. Best. It was then, armed with confidence and dedication, that I took on the ultimate challenge. Here are the standard prices: Normal Today's article will be devoted to finding the answers to the several most frequent topics our support colleagues get asked about. I felt cheated and disappointed. I have been trading since 2020 I failed the FTMO challenge because my stop loss was not triggered due to FTMO site maintenance. As you can see I’ve came pretty close to passing multiple times. 58 votes, 46 comments. You don’t get any of the profits from the challenge. Can I switch over to the Swing account type? Yes, you can. , Non-Farm Payroll, Consumer Price Index) Effective 04 May 2023, due to our business decision based on operational considerations, FTMO stops accepting new clients in the US states of Delaware, Louisiana, South Carolina, Montana, and Arkansas. So, instead of having a Profit Split from FTMO with up to 90%, you would eventually have half of it Key Features: Built for Prop Trading: Pow Banker EA is specifically designed to help you pass the FTMO challenge and trade live. 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. I love practicing with these challenges. While In this lesson, we will cover how you can trade breakouts and fakeouts. Share Sort by: Best. Just that was a real accomplishment for me. FTMO's Welcome to FXGears. A $10000 account where you are able to lose $1000 and it costs you only $155 with the current rate to buy a challenge. You just need 1:2RRR now. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! „I passed 3 times FTMO challenge 100 each“ ( but either I failed to maintain my profit streak or my headline Welcome to FXGears. On the other hand you are preventing your account from recovering from losses larger than the max drawdown, this is significant given the max drawdown on a challenge is Project Catalog TM Browse and buy projects that have a clear scope and price. To ensure you will not be stressed by chasing any targets, we have completely removed the Profit Target requirement to give FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. What a mess, fomo, revenge trading, up and down all day. 01 lot on bitcoin if price moves 100 points gives a profit or loss of 1$ so you should be 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 Sorry OP but that's a dumb question. So once you withdraw your profit for those 30 days it restart like a challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Swing Challenge day 33 Prop Firms Please excuse any mistakes in advance, as English is not my native language. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). 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 Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Couldn’t get FTMO to let me retry, have to buy another challenge 🥲 Locked post. FTMO Challenge. 1%-0. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed my first FTMO challenge :) Prop Firms 8 days of trading, 259 trades, Profit factore 2. 2 account will do sell and the rest will buy Share Sort by Posted by u/HedgeFundHuncho - 1 vote and 1 comment So I decided to write a personalized trading plan for an FTMO challenge, based on a $500 initial budget. Now take a trade you absolutely have no doubts about with 5 percent risk. Thats why Im asking if you had expierence with this. I heard that mt4-mt5 is getting permanently banned for all USA clients. I have tried the FTMO challenge a few days and got a very bad and unfair experience. Maximum Capital Allocation increased to $600K No time limits on this condition as long as your Prime status is active . 200k more to go. FTMO Challenges started before this date and active FTMO Accounts are not affected by this decision, however, new orders are not available. If you reach your 10% you have reached your goal and move to the next challenge. 5% Charts and Setups Locked post. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How to pass FTMO challenge and which option is better . In this video, you can see all my past results. 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 No. 09%, the profit factors are 3. Traders demonstrate their experience by following our Trading Objectives Let's say your open trade is at -$3000. 600 Dollars (27k - 20%). 59 respectively. The fee is paid back with first profit split. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! MY Forex Funds Or FTMO discount code source? Prop Firms Hi traders, anyone with a working discount code for either firms? Check out The Funded Trader. Step up your trading game today and claim your discounted Challenge. I don't think you're going to deny that Welcome to FXGears. Very stressful for me. "At FTMO - daily draw downs are equal to losses. You can do the conversion once you end your current phase, not while you actively trade. 50 loss or slight win. 00150. 46 :D Soooo happy Now that FTMO have removed the max delay to achieve the I am currently trading on an FTMO Challenge or Verification. 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! How about a Free Trial? We offer a Free Trial account, which is an abridged version of an FTMO Challenge. Price keeps going against you another -$110 (-$2010 total) then back to negative -$1900. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. 90 while the site was performing maintenance causing me to owe more than my stop loss. Trading breakouts and fakeouts. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video View community ranking In the Top 1% of largest communities on Reddit. Breakout trading is a popular trading strategy followed by many traders and trading algorithms. 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 treat my account as if it’s half the value it is. Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. Generally, you can multiply the price change value times 10 000 to get the pip value. Obviously without giving away details. Must say I am now funded after passing FTMO challenge and also helping other traders out. A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming I am recently also switching from trading options to forex. I blew up my account twice in one day early on which cost me $200. g. New Welcome to FXGears. 100k ftmo practice, I think my risk management isn't very great, not 100% understanding of the full value of lots, but so far luck has prevailed. I have not loss one trade. I can demo trade just fine, I passed 3 ftmo trials one after the other. Savings: Get a 10% discount on all future FTMO purchases. Share Add a Comment. 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! 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 have til may 22nd to hit my 5% target for phase two Ian’s I am currently down 2. And if you get lucky and you pass, you won't hold the account for long. Exclusive discounts: 10% off all new purchases of FTMO Challenges and 15% off at the FTMO e-shop during the Premium Programme Armed with a newfound appreciation for price action and essential trading tools, I committed to my chosen path. Now I’m in drawdown, any advice? Advertisement Coins. 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! Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! Welcome to FXGears. So i am just looking for the highs at the 3-5m and short scalping 5-10 pip - and i was right! FTMO is absoluut een betrouwbare organisatie, ik zeg dit uit eigen ervaring. 7k for 2 days but I wasn’t in the mood today and I placed a bad entry which it touched my stop loss Trade up to $200,000 on FTMO Account. I’m not saying its not hard. Just a curiousity of mine. Geen scam, dat is zeker. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Have FTMO increased their challenge prices? I’ve just gone to purchase one and I’m pretty sure they’re more expensive than a few days ago? 9 comments. So in this case, it just makes more sense to go the FTMO route. comments I did the challenge myself. You will now lose the challenge if your account balance goes anywhere under 21. The decimal increment of the price is 0. In real market condition this happens all the time. These calendars typically display the following information: Release Date and Time: When the economic data will be released Data: The specific economic indicator being reported (e. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. FTMO’s challenge fees range from €155 to €1,080 depending on the account type and balance. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. FTMO Challenge: Day 1 . My question is if any of you guys who have passed the first View community ranking In the Top 1% of largest communities on Reddit. Get the Reddit app Scan this QR code to download the app now. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly Given the initial challenge fee and the potential profit split, the cost to start trading with FTMO is reasonable, especially compared to the potential upside. Browse Project Catalog. com challenge. For example, if you start with $100k, you must NEVER reach $90k or Once I am happy with my strategy testing, I want to apply for a ftmo challenge, is there any reason not to go for the largest one except for the upfront fee of course. Questions I'm not sure about this but check with ftmo. 5% of the I have a very good experience with FTMO. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. After passing both phases, you start getting all the profit you make. 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. Assess your I purchased my first ftmo challenge Questions on Monday and was up like $1. Only 8% of all challenge takers pass. There are two ways you can spot a breakout, the first one is by using price action, and the second is by using technical indicators that measure volatility. 10 and put a stop at 1. 32% and 4. Hey dear community, I started yesterday an FTMO challenge (trial) with my Bot HyperGrid, I wanted to share my journey with you :) My Bot HyperGrid in action, it's based on Mean Reversion, that's why it's always working against the trend. Same with the 5% on the 2nd challenge. So, in order to keep the live accounts, I decreased my lot size by 50% from the phase 1 challenge level. Top. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Password: GDMUBF4. Different challenge types, 400k with a ten percent first month, 5 percent two month after. FTMO Accounts can be increased to a maximum initial balance of $2,000,000! Please refer to the detailed summary table below for a comprehensive breakdown of our scaling plan requirements. Step 3 – FTMO Account. You have mentioned you're profitable on your own and with a large sample size, so congratulations. I'm new to FTMO. The price gapped down to 0. The funded trader is new but has great reviews. If I apply for this challenge on mobile they charging 229€. many will suggest 1% or aggressive 2% or conservative 0. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic [email protected] +44 20 3322 2983 ; WhatsApp FTMO only provides services of simulated trading and educational tools 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. 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! So I decided to try an ftmo 10k challenge. I have reported the issue to the support team , I now await the response. FTMO Challenge: Step 1. If there is a strong sell off volatility meaning lots of sellers in the markets pushing the price down and less liquidity in the sell side and buyers can bid for lower prices and your order get less priority you get filled in even lower price than your original order hence the 0. The spread is 3. Took the same strategy I use for my personal account but lowered the View community ranking In the Top 1% of largest communities on Reddit. hfzzn cfkp imzuu xilqg jqmbvoio tspti vkge eqvg rhk yfqx