FTMO Challenges and Verifications | FTMO
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- Опубликовано: 2 ноя 2021
- Become our next FTMO Trader and work with an initial balance of up to $200,000: ftmo.com
Simon is back reviewing passed FTMO Challenges and Verifications. This time, Simon will focus on trading approaches that were all different, yet successful. Scalping, swing trading, high/low RRR, mini lots as well as enormous trade volumes, traders use various tools to their advantage. Find out if any of our traders used a strategy similar to yours in the following episode!
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All information provided on this channel is intended solely for the study 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. The content, in its entirety or parts, is the sole opinion of FTMO and is intended for educational purposes only. The historical results and/or track record does not imply that the same progress is replicable and does not guarantee profits or future profitable trading records or any promises whatsoever. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose!
It's been 5 months we're not seeing this type of FTMO Challenges and Verifications, it's depressing, we those are trying to get prepared, this kind of video inspire us, I hope FTMO should consider this, at the same time we understand those practical rules how the successful traders pass their ways.
Simon was doing great account analysis and explaining all account review in most easily understandable manner. now they replace with just stupid phycologist video and
of course you have to pay for that not to forget. Missing Simon's videos...
Love the company very straight foward, i failed my first challenge but im almost passing my second challenge just 60 dollars away im truly excited
Nice job! Hope you’ve made it!😁
Lets go!
Update??
Bring Simon back for these type of video
i noticed that if you close the trade manually , the stoploss and take profit is not printed on the trading journal in the web page,so that's might be the reason some people in some trades have stoploss and other don't ,
Is it possible to move the second stage with completed four objectives and violet one example minimum trading days it says 10, what if an individual has 5 or less than 10?
Am I correct in assuming that only the days on which the trades are active count towards the challenge? (i am swingtrader)
If I hold a trade for 5 days, there is no setup for the next 20 days, I still have 25 days for the challenge?
sometimes I execute a trade and set my SLs afterwards, maybe that´s the reason the summary does only recognize SLs set before executing, and shows as if not set.
Long time no see, good to see you, Simon.
W h a t a p p Me right away ⬆️
Thank you FTMO !
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on ctrader, if you dont write the price as your stop loss and use the pip section instead, the stop loss comes up as 0 on the ftmo platform even though stop loss is in place
Yep, happen the same to me, just checked.
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I have the same. I use SL and TP all the time but in metrix I have 0
I want to pass the challenge, i in Bénin. 🇧🇯 Would you provide the funds without any problem ?
All my documents are in French, does it cause any problem ?
say you failed to reach profit target but didnt violate daily dd and max dd and you get a free re take… do you have the ability to choose when the re take starts or does it start asap after your previous attempt?
Hi Utilized Trading,
If you meet the rules for a Free repeat, you need to wait until your trading period ends. Then you will receive a new FTMO Challenge. After that, you can start trading whenever you decide. The new trading period begins once you open your first trade.
Thank you for your question, and do not hesitate to contact us again.
Just wondering out of curiosity, does completing the objectives qualify as a "passed challenege", or the things that are being judged in this video, like how and where the profits were made, also affect if you pass or not?
Hi Pulkit Khurana,
Once you meet all trading objectives and your results are verified, you will pass the FTMO Challenge. There are no other rules.
Thank you for your question, and do not hesitate to contact us again.
@@FTMOcom Just to confirm. Once you’ve passed the challenge and verification there are no other factors that make your decision on getting fully funded?
@@leekiely8418 i dont think there is , as long as you are not in one of the countries that they dont cater to
Wish i can pay for the challenge allready just did the frew trial and passed it in 3 days
@FTMO please after passing the evaluation processes and I get funded, will my previous month's metrics continue the second month or it will be cleared and will be a brand new one monthly?
Hi Dennis Desmond,
You will get a new login credential with a specific FTMO Account and have new metrics.
Thank you for your question, and do not hesitate to contact us again.
Can you share the stats on how many people pass vs fail the challenge/verification per week?
They used to say 8% pass
1 in 5 give or take…20% maximum
They made a video about it a while ago, i think it’s something like 5-8%, which is consistent with the fact that over 90% of forex traders lose money
Yall should see my equity curve. No profit all month then on the last day it spikes up to 20k profit on a 100k
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Please, I would like to know. Can I hold my position over weekends(swing)?
Swing account dey naw
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On normal account you need to ask them before wednsday noon I think so they can assess risk, on swing accounts you can hold positions through weekend and news events without problem.
WHAT IF YOU ONLY MADE $100 PROFIT OUT OF THAT $10,000 BALANCE? please specify thank you, cuz im so confused on this
You try to give the video more brightness it will be great if you do
W h a t a p p Me right away .⬆️
In demo it gets deactivated after 7 days of not trading, why? Thats quite annoying. Is the same happens with challenge?
just trade a low lot size everyday
well you only get 14 days for each Demo trial, so if you've not trade for half the time which would be 7 days, it makes sense on their part to close it. knowing that they receive high volume of demo account being open daily, therefore to keep the Demo system efficient they have to close idle Demo accounts, i would say. i am trading Demo currently, If you are not trading the Demo as if your are doing a Paid challenge, it really don't make sense to opening one. All the best bro
I have a guess for the SL thing: in my profile history, SL are not always shown, the reason why, in my opinion is that probably if you set SL and TP graphically (in cTrader platform) and not in the moment of the opening of your position, you will not get your SL registered on your history.
W h a t a p p Me right away ⬆️
I think when people put SL is when they need to go sleep or not being in front of the screen
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❤️❤️❤️❤️
W h a t a p p Me right away ⬆️.
Please can we subscribe for the package with BTC?
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What happened to Simon?!
i posted something that i thought i was right but i was wrong.
my apologies to the community and ftmo.
W h a t a p p Me right away ⬆️.
@@ftmo5378
your not the real ftmo.
why should i send you a message?
@@ftmo5378 your not the real ftmo.
why should i message u?
@@ftmo5378 your just a empty account on youtube.
RRR Ain’t as Important or an Indicator of Profitability as much as Win % and Profit Factor…Because the Latter means that their Strategy or Technique actually Works and Works Efficiently 🤑
Say your RRR is 5, win rate 60% profits are 1K while my RRR is 1, my win rate 90% and 5K profits….Which is Better huh 🤔🤑
The profits depend on capital bro. Also, much rather have a 5R and 60% then a 1R and 90%.
Let’s take a €100k account for example;
To be AT LEAST profitable with 5R is a 20% win rate, which is 2/10 trades, which is €10k. Now imagine 60%
To be AT LEAST profitable with 1R is a 60% win rate, which is 6/10 trades, which is €6k.
Now imagine how hard it is to get 90% of the trades right every week, while the other trader just needs two trades. Average win rate is 50% to 80%
@@Semboy12 not true mate. Sound like u care more about stats than money 💵 It’s all good 👍 if that works for you
@@Joker-et2je not even bro high rr and high winrate equals more money
@@Semboy12 man 👨 you didn’t read my comment well then…Good luck 🍀 with your trading!
RRR is way more important than Winrate. You could have a 30% win rate and be extremely profitable if your RRR is high enough. You always want your wins to be greater than your losses. Which is why most people aim for a 1:3 RRR or higher
the fact that traders cant hold trades in weekends sucks.
There is swing ftmo type account for that.
I hold trades in my swing ftmo account. Only Day Trade type accounts can't hold...
@@Jaime_Uirindi_Omar in swing ftmo accounts they writen that u can't hold trades over weekends.
@@mehranerfani9697 when did they do that?
@@danewwave5233 shit.
my bad.
i thought they say we couldnt hold trades over the weekends.