Best ftmo challenge reddit Day 29 I was down 4%. 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. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. After getting funded I ignored the trading plan and my psychology was in shambles. However, any trade above RR 1:4 I would consider good. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… 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 No. 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. Can you share your experience? Withdrawal process with diff payout I have tried the FTMO challenge a few days and got a very bad and unfair experience. 331K subscribers in the Forex community. After passing both phases, you start getting all the profit you make. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. 8 Practical Tips To Pass The FTMO Challenge Mar 9, 2023 · Best Practices for Passing the FTMO Challenge. I felt cheated and disappointed. My question is if any of you guys who have passed the first… 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. Basically, during the challenge and verification, news does not matter, but once you've completed it, it will depend on your account type. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. Looking through the trades since I triggered the challenge to start. - Each challenge was done separately, months between one and another. . You don’t get any of the profits from the challenge. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. I can’t exactly recall which trade would have been the best. Can't trade within 2 minutes before and 2 minutes after. As for the type of news, I'm not too sure, but you can check the link as they provide an economic calendar. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. What was easier than expected during the FTMO Challenge or Suppose a trader chooses the $50,000 FTMO Challenge with a maximum daily loss of -$2,500. 8 days of trading, 259 trades, Profit factore 2. I have been trading for quite some time now. You need to buy the challenge and then pass both phases. The majority of challenge takers are not aware of this and are risking only 1% to 2%. Hey guys. 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. My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. 875 subscribers in the ForexCracked community. That's how they make their money, and it's one of the best business models out there. Just because several ppl bragging it here, does not mean it is so many. We express our warm welcome to our new FTMO traders. 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. 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. I also did the same with an account on my wife’s acct and had 100k x6! 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. Remember you don't always have to be trading, PAYtience is the most important in this business. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Do you plan to take another FTMO Challenge to manage even bigger capital? Yes, certainly. FTMO and other prop firms earn their money on people failing challenges. This serves as a testament, however, of how badly designed the FTMO challenge is. Hello! I already passed ftmo demo trial for 14 days for 3 times already. So today I failed my FTMO challenge. That's not to say you can't be a successful swing trader or scalper with FTMO, I just think it may be more difficult to meet the requirements. Things I learned from this challenge The FOMO, the fucking FOMO. 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. Thats why Im asking if you had expierence with this. com's Reddit Forex Trading Community! Here you can converse… I just recently got my first FTMO challenge. 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 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 risked more 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. Same thing with taking a prop 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. I failed my FTMO challenge today. This feedback is very valuable to new traders or those seeking some trading motivation. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the 34 votes, 61 comments. Today i finished my first phase of my 100k Challenge. 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. 8 - Win rate of 55-60%. After the 30 days I was not able to get my account to break even. I did the challenge myself. I could see I was trading in a emotional state and felt very isolated. Another point of view, Just position yourself as new trader - passing challenge on FTMO is regarded as an achievement of some kind and you would want to brag it here. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. Let's say his current daily result is -$2,000 , so he can afford an additional loss of -$500 for the rest of the trading day. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. FTMO Challenge Fees. For example, a businessman travelled on a vacation to a different time zone. Trader Nabeel putting the emphasis on proper journaling […] Describe your best trade. I don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. 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. Welcome to FXGears. So, for example a common challenge is to do 8% in a month. Thank you The FTMO account links to a live account, with an 80:20 profit split that can increase to 90:10 through a scaling plan. I feel the challenge is more of a puzzle. In my personal opinion FTMO is best for day traders since for scalpers they may be affected by the trade copying and swing traders can't hold over the weekend. I think the amount of ppl passing the ftmo challenge and ppl who success in the markets are still on low side. 3 days ago · Looking for someone to guide me on trading methods that can pass the FTMO fund challenge, the5er I want a clear and specific practical method, entry/exit points, entry/exit conditions with specific rules, not general, I will pay the full tuition fee. Think of it this way, take only the very best and most probable setups you can find within your parameters and the results will follow, take trades best off of monetary gain and greed alone and the unnecessary losses will surely follow. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. Here are some tips for passing the Challenge: Start with a solid foundation: Traders should have a good understanding of the forex market, including technical and fundamental analysis, before attempting the 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 You have mentioned you're profitable on your own and with a large sample size, so congratulations. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. 5-1. Passing the FTMO Challenge requires a combination of knowledge, skills, and discipline. I’ve been trading since I got out of high school 2021. 46 :D Soooo happy 11 votes, 36 comments. 242 votes, 229 comments. Fees for normal risk levels start at $155 for a $10,000 account, while aggressive risk levels begin at $250 for the same account. oudz qwlfv ewga ebcsj ijis cnbtfc qigtem fwbfkrett hdlg hijg