Best ftmo reddit Ftmo and others have much higher profit splits but you have to wait to pass the challenges etc before getting paid. I think I read somewhere that FTMO paid out 25 million last year to traders. The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. o. I placed market order on gold at peak London session and the line of execution on mt4 was literally not even close to where the candle was showing. Looking into MFF and E8 now too! Reply reply Same here. Remember that trading in the Forex market involves risk, and you should only trade with capital you can afford to lose. FTMO positions itself as a gateway to financial independence for traders. If you traded your own $1000 for say 2 months like you mentioned (if we assume best case scenario for passing the FTMO challenge plus 1 month of profitable trading), you would end up with $2000 after the first month and $4000 after the second month. Articles, links, etc are all welcome. Jun 27, 2024 · So, if you wonder, “Can FTMO be trusted?” the answer is yes, according to Reddit users. Had a question for everyone who uses FTMO Swing accounts. Some people like to go with more trusted options. I just recently got my first FTMO challenge. I’ve been trading since I got out of high school 2021. The best prop firm really depends on your specific needs as a trader. FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. Mar 4, 2024 · Can FTMO be trusted? FTMO is a popular prop company. FTMO no es una típica firma de apoyo. 5% monthly, if I was trading a personal 50K account, I'd be up $9000 EOY. FTMO Evaluation Global s. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. 5-1. (+ liquidity available for that broker). With that said, if I could open say an FX account in Australia, I'd say 1:200 (up to 1:400 is allowed in Australia) would be a good all-around leverage amount to have but not necessarily use. as long as you don't resort to shady practises and align your trading style with them , you are good to go. I still think FTMO is a great short term idea. Posted by u/Born-Sprinkles6622 - 2 votes and 12 comments Posted by u/BornWinner99 - 2 votes and 6 comments I've seen a lot of FTMO Youtube videos interviewing some of their profitable traders who are making anywhere from maybe 5k - 50k profit split in a month. M1 is made for those looking to build their wealth using powerful automation and topflight rates. In Europe, max leverage is 1:30 and in Japan it's 1:25, so 1:50 isn't bad at all. In the FTMO Swing Account challenge, does floating P/L go against your maximum loss for the challenge? Another point to note is that trading with own money is always better and profitable in long term. A prop firm like FTMO isn't actually giving you any money, a "funded account" with them is really a demo account. So this how the first FTMO payout went. FTMO all the way for forex. I’ve sometimes gotten stopped out of trades just for price to go my direction afterwards, because TV and the FTMO server/broker didnt align too well. I'm a swing trader looking for a funded challenge, FTMO seems the most legit, but I'm not too sure if it's appropriate for swing traders? I hold trades generally for 2-3 days (average 1-2 trades per week), and I've been consistently profitable for a wh Additionally, you need close any open positions on the pair it'll effect . FTMO does have some downsides though the biggest being the news restrictions. with FTMO you can get a practise account and test fills , spreads for 14 days. In this review, we will explain what you need to know about its safety and regulation before opening an account. Welcome to FXGears. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. I know some people who can easily make 50-70% return each month. Now, my hypotesis are 3: They are really professional traders (very unlikel, maybe 1 out of 1000). Do my statements make sense? If yes, why would anyone not go for a swing account? MyFundedFX might not be the best place to go. 387K subscribers in the Forex community. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. com, a trading forum run by professional traders. I dont have any time limits, just need to make 10% no matter its in a few days, or few weeks/months. 8 billion CZK. I’ve been trading for about 2 years and have yet to make a consistent profit. Reply reply Posted by u/amanmaverick - 6 votes and 17 comments The issue here is that you see all the 'success' stories and no failure stories. The Reddit Law School Admissions Forum. Reply reply Posted by u/jondoe9x - 7 votes and 23 comments Like the market owes me right. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. 46 :D Soooo happy 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. com's Reddit Forex Trading Community! Here you can converse… 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. 256/2004 Coll. We don't have the greatest choices here stateside compared to those living in Europe. However, continuing to give FTMO 10% of my profits and more importantly the data they collect over time with all my trades is reason enough for me to move on. Doing well maxed my funding on FTMO, I see that as a bank now lmao, currently doing the prop firm challenge and using a trade copier to mirror my entries onto my ftmo accounts, and US30 only I made the switch to this around 6 months ago if you are good enough to pass these challenges and get a payout you really don't need to use one of these companies. 8 days of trading, 259 trades, Profit factore 2. Got to give it to FTMO. they researched ftmo and found that their traders only trade the demo account as most lose. In this case. Unfortunately, many are not quite right and many are misleading. Do not be tricked by fly-by-night firms offering cheap thrills. S. Take your time, bad losing streaks happen to everybody. In the other note I believe in every single one y’all who are trying to make a change. The problem was that mff was the their own "liquidity provider" so they manipulated the slippage and messed around with where and when the trades get executed. Post any questions you have, there are lots of redditors with admissions knowledge waiting to help. i like that maximum drawdown is 12 percent on mff and cheaper too. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. Just curious how it works. What makes their two-week account great is you can get familiar with what the spreads are with them, and how much commission they charge. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… Choosing the best prop trading firm ultimately depends on individual trading goal, preferences, and experience level. 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 regulations. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. 5k 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. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. I've also heard FTMO has $3/lot as their commissions, and if this is the case, my strategy should simply be more profitable on an FTMO server. Bin auf der suche nach einem kompetenten Steuerberater der sich mit Prop Trading auskennt (FTMO). Just to give you a bit of insight into my approach, I primarily use Fibonacci retracement, which I apply by placing it at the highest and lowest points of the last genuine market structure. 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. /FTMO Evaluation US s. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. Check out our FTMO Review here on Reddit. 20 votes, 56 comments. 2 on FTMO. - To be with other like-minded forex traders. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. If you are as well, you have your FTMO app that shows your daily allowed drawdown. Additionally, Forex markets can be highly unpredictable, so even the best EA might not guarantee consistent profits. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I… Very beautiful effort by you. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. FTMO recently blocked new and existing US clients from purchasing new challenges or trials. No funky gimmicks. Customer Service SUPER fast and responsive. Whereas the market orders on ftmo (not all but some) have had insane slippage. I get my payouts every time and have never had a problem. 5% with the 5%ers, all due to the spreads. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). there is a documentary on bbc iplayer called instatrader. FTMO has also started acquiring other trading firms like Quantlane. they pocket that money and use it to pay the few that do win. by number of daily average revenue trades. FTMO are dodgy af. You can achieve an equal amount of profit from just $10,000 account with own money, taking almost 40% floating DD ($4000), instead of <5% realized DD in FTMO. 5k So this how the first FTMO payout went. Thats why i bought a challenge on the funded trader recently. Nu weet ik dat de belastingen bij forex rond de 1-2% liggen, wat geldt bij handel van je eigen kapitaal. 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. So far so good, but I got there in 8 trading days instead of the… •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. Not only are they on top of their shit, but they have endless amounts of testimonies and videos on YouTube of traders strategies with their payout info. Hello, good day everyone. No hay muchas firmas de apoyo que ofrezcan coaching de trading y oportunidades laborales reales como lo hace FTMO. They offer a free retry if in profit and 14 day extension if above 5% profit on phase 1. the split is about 80/20 i think? but you have a pass a test to show you can trade well enough to grow an account without losing more than a percentage of the account. Folks just need to spend more time studying and WAIT UNTIL THEY ARE REALLY READY instead of chasing funded accounts too soon. I'm a little biased though because I also trade bitcoin in addition to forex and the MFF's crypto spreads are horrendously garbage imo. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. It is crucial to conduct research and evaluation of different firms to ensure the best fit. 18 votes, 49 comments. I have traded at FTMO Trial failed one but passed twice. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. Even on Gold I notice there spreads can get a little high. I understand what I did wrong too but definitely not taking my chances elsewhere. And even extra 10% more for those qualifying under the scaling plan. Yes people lose their account mostly by not putting any stop loss in place. Check out the sidebar for intro guides. true. Any advice? With FTMO I’m fairly certain there are restrictions on certain news evens across relative pairs. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. Nov 22, 2024 · The FTMO Reddit reviews are also generally positive. Ive been with them for 2 years. This will be the closest thing to a real account. Meanwhile there are also negative FTMO reviews on Reddit, pointing out the challenging rules regarding drawdown, which limits the flexibility in implementing some strategies. No, not at all. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. 1%-3% max but I think 0. I know ftmo has a payout date for profits. Looking for a new prop firm after MFF has been dumped. It's perpetually free retries forever if you don't breach the loss rules and have 5% of the goal made. news announcement would carry certain rules around trading the event. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Sorry OP but that's a dumb question. Trust the process and don’t give up. My question to everyone is what does a hacker gained from loggin in my account n placing stupid trades? I see no reason to use anything either than FTMO, they have established themselves, have lots of good reviews and most importantly they have the capital to pay people and support their system. However, i have heard that when invoicing FTMO you cant add VAT (20%) because they are based in Prague, so would this make my company liable to pay HMRC that additional 20% out of my companies pocket meaning i lose 50% of my profits as i pay 30% to FTMO and 20% to HMRC? it was during news the spread reached 1 or 1. If you pass it, you get funded. I can understand why they have the rules they have. Nope. I just wanted to know if FTMO is still worth it. The current situation is not impacting payouts or other services that we provide to our existing clients. I just completed my 4th payout with FTMO today and never failed their challenges. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. I know FTMO offers a free 2-week demo challenge account to practice on. Then the new month you start with your initial balance which is 300k. com's Reddit Forex Trading Community! Here you can converse about… Why would you invest your own money let’s say $10,000 starting capital, you now have a personal risk of $10,000. 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. Trading is hard. 331K subscribers in the Forex community. The potential for account growth is however capped which is a huge negative for me. FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. Based on user reviews, ftmo, the5ers and tft are popular firms. The real question is do YOU have a consistent and profitable method? That is the real question. I understand that even as a trader for them you still have a demo account and they use their best judgment to copy… 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. FTMO is double the price and slightly harder but I should be able to pass that as-well just wondering if any of you guys use any or both prop firms and what you would recommend. I've seen that 5%ers you can have a fully funded account from day 1 but the profit split is pretty poor at 50/50. Apr 28, 2024 · In this comprehensive review, we will delve deep into the various aspects of FTMO, including its evaluation process, account types, payout system, and more. Posted by u/[Deleted Account] - 2 votes and 18 comments I got slipped 4. Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. 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. It operates the largest electronic trading platform in the U. For example, a U. I want to start the 10k FTMO challange but i am scared of the Max Daily Loss what would be the best lot size that i can use to… No what I meant, is for example when you first start trading they'll pay you from the money they make from evaluation fees and if you are a profitable trader then they'll start copying your trades so my question was how much* money realistically before FTMO starts copying the trades and giving you money from the profits of the trades they made Posted by u/Secure-View-7348 - 5 votes and 20 comments The spreads with FTMO are insanely small and no regulated US brokers come close to them. If I was trading a 2M account, I'd be up $360,000. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. 0. 80 after all the trades hit my stop losses. once you pass they give you the acct, and from then you grow the account and get paid from it Futures props still place you on SIM/demo(simulated account) it s just harder to notice because there is the visible live orderbook but your orders still dont go though a live market. Hi! I am researching prop firms and I want to know what broker FTMO uses & what is the slippage for crypto trading. They put out a statement on Twitter about 2 hours ago stating that they would no longer be accepting new customers from Canada. Dive in 875 subscribers in the ForexCracked community. FTMO basically, made a two-step process to check out your trading performance. FTMO isnt a scam. Also Im not saying ftmo did some shady shit but my account indeed was hacked, but i didnt place those BTC trades i was sleep at the time. Parece que realmente se preocupan por ayudar a sus traders a mejorar aún más. So if you are up 30k TODAY you can drawdown For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. r. I guess the main questions are- is that the best way to do this, should I just hire a CPA (suggestions?), and are any of you trading for FTMO/how are you paying your taxes (if you are US based)? TL;DR: Your FTMO app shows your daily allowed DD after every new trade. A new prop firm could go bankrupt if their model is not bulletproof. In this context, it suggests opening trades before the market closes, likely in anticipation of taking advantage of potential price gaps that may occur when the market reopens. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. The founders want to keep FTMO headquartered in the Czech Republic. . 2 pip and the price was only 0. Free Challenge: Earn a free FTMO challenge at the same size as your current account. 5% a trade, I just feel like I have been so unlucky this whole time, I haven't won a trade so far this week and 13 votes, 19 comments. 242 votes, 229 comments. 34 votes, 61 comments. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. FTMO is a prop firm where you can get a funded account to trade. And there are props that deal live money accounts on A-book brokers, with no equity-based drawdow, and no maximum time The Reddit Law School Admissions Forum. At the very minimum, track win rate and profit loss stats over a period of time that would validate or invalidate your current strategy, separate strategies need different stats. com. Idk if you guys have read the actual lawsuit. I also was funded once but I haven't traded since last year. I've done challenges on both and I personally prefer FTMO. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. I should add I have also passed a few times too with them. Also falls du einen empfehlen kannst, vielleicht sogar aus bzw. i think ftmo has better spreads, i like mff due to being bias as my first prop firm. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. I’ve hopefully learnt something from all the pain however. Which scouting firms are the best for getting funded straight away and have a better split. FTMO has been in business reliably for over 8 years as a prop and longer as a broker I believe. Habe den FTMO Vertrag vor mir liegen und will darüber noch mit einem Steuerberater reden bzgl. 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 been risking more than . FTMO is legit but definitely avoid non reputable too good to be true prop firms and look at the broker they use too…that doesn’t mean I haven’t ‘wasted’ literally thousands upon thousands on challenges with ftmo. However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth FTMO without second thought. You have to be profitable to be able to make money on their Ftmo support answer: We plan to honour all our commitments to our clients. Traders have shared their decent experiences with the prop trading firm. The reviews and testimonials are all 100% organic. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. They use you as a consultant and may take the trade themselves or they may just pay you with the money from people that lost a challenge if they don't take the [winning] trade. 1% with FTMO and +4. professionalism ,longevity of FTMO. The problem isn't prop firms or regulations. Best spreads - especially for NAS and GJ and GER40. 1:50 leverage is fine and plenty for most people. FTMO's 70/30. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. 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. FTMO is definitely the best firm. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. Mira los últimos precios aquí: https://ftmo. Before you buy your first challenge, try to pass a few of their free ones, and treat them like it would be real. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Yeah im feeling stressed when there are time limits. um Wien, wäre ich dir sehr dankbar. The founders aim to continue improving the educational aspects of the platform. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. -Share FUNNY Trading Glad to hear from a fellow trader. This is why I recently have been focused We are currently recommending and standing by FTMO. FTMO has a dashboard that lists the times that the news will be released. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are Go with the popular ones, like FTMO. It's interesting we got the same strategy, I'm totally open to collaboration and sharing ideas. 10 votes, 18 comments. Let's say I make 1. In case the situation develops differently, everyone will be informed accordingly. 5 max with ftmo but during strong news it gets higher 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. But I’m still questioning if ftmo would do a full payout on such high profit. Hey guys, Currently I'm doing the FTMO challenge and I got to the profit target. Very happy with myself and my progress, especially that I started trading less than a year ago. Ftmo is a scam M1 lets you earn, invest, spend, and borrow all on one financial platform. The best place on Reddit for all things detailing. No "silly discounts". I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. e. I recommend checking sites like fxprop, they have free tools that you can use to find the best firm for you and they list only checked reliable props (they have something called certification program). once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen 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. It sounds simple but please don’t underestimate it. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. 8 pips away from my sl so it triggered my sl usually spread on this pair is 0. I failed a trial normal account due to floating P/L that I didnt know was a thing (new to forex and trading). In 2022, FTMO had revenues of 4 billion CZK and EBITDA profit of 1. The only problem is I reside in 1 of the 4 states in the US in which FTMO will not provide challenges to. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. As you may have seen ftmo recently announced they're bumping up profit split from 70:30 to 80:20 as a holiday treat for passing traders. I also got some reason leaning towards ftmo just a bit of a feeling but not liking it as double the price and a bit more restricting. Obviously ftmo is the next biggest competitor. Hallo Geldzaken, Ik zal binnenkort officeel een handelaar zijn onder FTMO (een prop firma die handelaars hun kapitaal geeft om te traden). Users appreciate FTMO’s clear rules and reliable payouts. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. 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 may only refund the service fee or 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 for every trade and today i only lost $698. 8 - Win rate of 55-60%. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). Basically it is 5%, or 5000 on a 100k challenge, a day and increases with your profits ON THAT DAY ONLY. FTMO is awesome. there are 50 prop firms operating as of now , but no firm can match track record . Proprietary trading firms utilize simulated markets to train or evaluate traders. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. Cars, planes, boats, and more. Yeah, I was gonna say the same. does not provide any of the investment services listed in the Capital Market Undertakings Act No. 9 pip spread on Tokyo session is unacceptable, I get 0. They've been around the longest, have the most experience, and it shows. IMO, MFF only beats FTMO with better evaluation requirements. A place to discuss forex strategy, ideas, analysis, and concepts. 22 votes, 24 comments. The best place on Reddit for admissions advice. FTMO is legit, and I assume they have a lot of very successful traders. FTMO official response: Hi there folks, thanks for your comments. There are other good ones out there but FTMO is legit and at the top for a reason, most likely to stay in business. Thank you for the feedback I will definitely have a look at his YouTube channel and I do already know some of the basics on supply and demand , I have been watching another channel called Dave teaches and although his videos are long his strategy he uses look so simple and he trades with supply and demand as well as mitigation and imbalance on the 1m and 15m and from what I have seen from his Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. 3 pips on USDJPY, no rollover no news, London session. Please leave your thoughts in the comments. 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 Trading has a huge psychological Welcome to FXGears. I have come along way! Please share your experience with trading or even FTMO :) FTMO spreads, apart for EURUSD, are not always convenient for scalping. Im currently doing the challenge myself. Reply reply When MFF imploded , I wanted to buy a 200k FTMO account, but I decided to get 2x100k, one each with FTMO and 5%ers to spread the risk out of another implosion. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. Savings: Get a 10% discount on all future FTMO purchases. You will get a better feeling on what lot size to use, their spread, slippage, avoid news rules, etc. ¿QUÉ NO ME GUSTA DE FTMO? Los objetivos de ganancias del 10%. They have a long history in the industry, proven consistent payouts, and upstanding customer service. With a decent firm you can have $100,000 or even $200,00 relatively easily for maybe $500 - $1,000 with a small The phrase "PERFORM GAP TRADING BY OPENING TRADES," indicates initiating trades with the intention of engaging in gap trading. So obviously, there’s something wrong with the strategy. Posted by u/NoRoad1995 - 2 votes and 8 comments There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. It is often best known for its trader workstation, API's, and low margins. 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. tvjwyv tiuppxpu lruz bqoiq erpeux rnvic jue loadqjt dhhxwra fgaiva