you should make a video also looking at the same person's verification stage after just looking at their challenge stage to see the difference in style, lot sizes and patience overall and even look at both simulators, that's a pretty interesting idea for a video.
Hey @FTMO: Is it possible to do a statistical analysis of funded traders? f.e.: - How much they earn on average/median each month - The average winrate - The average r/r - The max payout - The average losing streak - ... A monthly review of this would be amazing.
We assume that you have hit the Profit Target, in which case great job! However, keep in mind that for the account to be considered as passed, you have to meet all of the Trading Objectives.
@@FTMOcom Yeah I hit the first challenge pretty with realistically 2 trading days, I placed 20 something trades over all. I just talked to support and you guys are able to review it I believe.
The first month of evaluation is tough. On average, professional traders and institution can achieve 2-5% per month. You are considered to be a forex/stock rockstar if you reach 10% or more/ month without losing 10% of your capital! If you are achieving 10% profit CONSISTENTLY and not losing 10% of the capital CONSISTENTLY... (10% profit and not exceeding 10% loss has to be maintained SIMULTANEOUSLY), take their challenge or else you will just lose your "challenge money".
Hello Dante, we agree that it may be difficult to reach 10% Profit Target in 1 month, but for that reason there is a Free Repeat of the Challenge feature that is available to everyone who is able to meet all of the Trading Objectives but the Profit Target and is still in at least some profit. Also, there is only 5% Profit Target for the Verification phase.
@@smozzer9449 their criteria is not only about achieving the profit. Maybe I am wrong but you also have to consider the minimum trades you will take, 10% maximum drawdown and other rules you have to follow. If you fail one of those criteria, you cannot repeat the challenge. You can check their website to know more about their rules and regulations. Regards
I was not able to find the query on your website, let say after v=becoming FTMO trader, if I am not wrong there is no profit target so we just have to be with in the Max daily loss and Max loss range ? and what if i close two consecutive months in negative let see down -3% first month and -2% following month so after two months down -5% but still under with in the max loss. In this case also FTMO trader can continue trading with FTMO UNTIL -10% is breached?
Yes, that is correct, since there is no Profit Target, you just have to stay within the Max Daily Loss limit and Max Loss limit. The example that you have provided is correct, you would be able to trade until you hit either the Max Loss or the Max Daily Loss (if you gained some profits).
Hi Real Baba, In the FTMO Challenge or Verification, you don’t need to. During these stages, you can keep your positions open overnight and over the weekend as well. However, once you become an FTMO Trader and manage an FTMO Account or FTMO Account Aggressive, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. Our FTMO Traders having the FTMO Account or FTMO Account Aggressive must respect the market timings. Every asset class and its respective instruments might have different trading hours that have to be adhered to. Thank you for your question, and do not hesitate to contact us again.
To start, nothing is needed, however, when you become FTMO Trader, you have to provide us with either your national ID from both sides with your selfie or passport from both sides with you selfies. If you want to run as a company, we will need some additional documents. For more information, please send us an email to support@ftmo.com.
Just to put into your kind consideration that There are some good traders who can not afford the fees so you might have some special offer for them exclusively. Of course its Win Win situation and you may have even difficult rules and targets to filter out.
Hello Majid, we believe that if someone if able to make consistent profits by trading they have to have at least some money. Now we understand that the fee is still a problem for some people, so we recommend saving up and trading on our Free Trial until you have enough money to actually start. Also, we never encourage using money on trading if you can not afford to lose it.
I'll be joining your FTMO challenge in 2021 and I had a question before I enter: Can I hold a trade for a few days but close it on the weekends? Also, if we pass all the trading objectives but not pass the minimum trading days, can we still go into the verification step?
Hi Valerie K, For the first question about holding the trade over the weekend we advise, that if you are interested in holding a specific trade over the weekend, just send a request to our FTMO Support Team. They will review your request and possibly allow it. For passing the FTMO Challenge you have to pass all Trading Objectives. Therefore, we advise that if you meet all Trading Objectives, for example in just 6 days, then just open a position with 0.01 lot on each of the rest of 4 days. Thank you for your question and feel free to ask anything else. Best regards
@FTMO can profit be split if someone purchases your 100k$ account for the first without passing the free trial challenge? Besides if the client meets all the objectives?.....can someone just purchased the 10k$ or 100k$ for the first time and meet profit target and all, will the profit be shared after 10days of trading?
Honestly would FTMO consider like a fine fee if slightly violated max daily loss once you have funded account? So you don't just loose account because you went over by like 10 pound or so??
I got 50%WR and 2.0 RRR but i'm afraid i will not get sufficient frequency of signals from my system as I trade the 150m tf to make the edge work and reach 10% target in 30 days. Do I have to learn how to operate on smaller tfs as the 15M??
Hello Tiziano, if the trading system that you have chosen works for you, I wouldn't worry too much. In the end, you can still aim to meet all of the Trading Objectives without necessarily meeting the Profit Target, but if you are still in at least some profit, you will be eligible for a Free Repeat of the Challenge.
Does the max loss limit reset each month for ftmo? Eg- if i’m in a deficit of 9% and decide to stop trading that month. When my next month begins will I only have 1% that i’m allowed to lose to make it 10%, or does that max loss counter reset?
Max Loss limit is set so you do not lose more than 10% of the account at any given time. So there is nothing to reset. On 100 000 USD FTMO Account, you can not go under 90 000 USD and it does not matter when. I hope that explains it. You can also visit our website, where all of the Trading Objectives are described to the full extent.
Yes there is. If the trader passes the Challenge and the Verification, but does not make it to his/her Profit Split (he never reaches any profit at the end of the trading period), we will be unable to refund him/her.
am still confused on the maximum loss. Please Kindly explain . does it mean my equity shouldn't be lower than 10% for the month. or is my daily loss added up everyday
Hi Okoloigwe Chinyere, We recommend that you need to read everything there is on Max Daily Loss here: ftmo.com/en/#maximum-daily-loss We also recommend to read everything about Max Loss here: ftmo.com/en/#maximum-loss Thank you for your question, and feel free to ask anything else. Best regards
You can have just 1 Free Trial running at any given time and as many Challenge Accounts as you want, but keep in mind, that you can not get funding of more than 300 000 USD.
When daily loss is close to 5%, is it not added to total loss even ? Max daily loss resets every day I understand this, but what loss occurred does it adds up to the max loss. For instance day1. 2% down and day2. 3 % down its not a violation on max daily loss but adds up to the total loss of 5% till the date correct ? There is no clear info on this on your site very superficial details have been posted there. I checked with one of your support team she explained like this. In this he is down almost 4% on specific day, and how did not this adds to max total loss.?
Hi Shivanand Jogi Nath, From your example, If you will lose 2% from the initial balance in one day and then 3% from the initial balance on the second day, your Max Loss would be in loss of 5% from the initial balance; that is correct. Thank you for your question, and do not hesitate to contact us again.
@@FTMOcom Tq for your reply. @ 5.11 you were showing one account where he was close to max daily loss 4.7% but under max loss it shows only 2%down. Why those 4.7% wasn’t added to total loss?. Or is it this way when that loss was recovered max loss was also reset to neutral ?.
That is certainly not as issue on the Challenge and the Verification Accounts. In fact, you can hold your positions even over the weekend. When it comes to FTMO Account, you can not hold your position if the market is closed for more than 2 hours - so you will not be able to hold most of the instruments over the weekend.
That 3rd one looked like a Martingale Strategy! The fact that his profit curve IMMEDIATELY reversed upwards after going down, and also note how he had a couple of HUGE volumes, but mostly small. I would watch his account carefully because Martingale traders will always blow their entire account at some point...
Hi Asadbek Zokirjonov , Our FTMO company is a global company that offer placement in a FTMO proprietary trading company all around the world. We do not have any restrictions for Uzbekistan citizens. Thank you for your question and feel free to ask anything else. Best regards
Greetings mate,I live here in Texas, I Just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Raini he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him.,he is very honest and trustworthy he will guide you to make consistent profits
I am not quite ready to be funded but when I do I would like to leave my first months profit in my account. Will this provide me a greater daily loss limit and total loss limit. Thank you.
What are the changes you are using? I feel like there needs to be some sort of swing account, where there is a higher daily loss limit because when your swinging you have multiple trades open for days and days and then a couple of trades dont go your way and bang your out of the challenge... this is only for day traders and scalpers and it's a shame
Hello Charlie, we certainly already have some swing traders. The majority is still mostly day traders, but there is no problem holding a position overnight during a business week and therefore some swing positions can be held. If we had higher Max Daily Loss limit, that would also mean that traders would risk more and lose more in the end. Also, we want to offer the same conditions to everyone and for that reason, we can not make exclusive conditions for some traders with different trading styles.
@@FTMOcom fair enough but maybe there should be an option to have 10k daily limit... which is only 10% drawdown which isnt that bad, especially when swing trading and you've got multiple positions open , I'm just saying it would suit a swing trader if that was an option, I went 37 dollars over the daily limit for all my trades to then be in profit, risking 1 percent but with maybe 9 trades open for the week
lol that first trader wont last long at all! using HUGE lot sizes to barley pass his target of ONLY 1k for 20 trading days lol if thats what it taks to get a interview with you guys then just wait on me :) just signed up for my first challenge youll be hearing about me soon love you
We fund traders that are able to pass our evaluation process. We have set strict rules which have to be met and we are not evaluating trading systems on anything subjective. If you think that some of these traders can't trade, keep in mind that any trader is funded just after the Verification, when they achieved the Profit Target and managed the risk twice already. Of course this selection is not accurate 100% as there are some lucky exception, but that is the nature of this business, there is always SOME luck involved in trading.
with ftmo criteria you will never get it, the daily loss get reset at night, that means if you are in loss during the day and at reset time. you violate the daily loss. and its finish for you. it's better to trade your own money, so you will put yourself in a narrow path. the forex is already hard to get profit from it.
Many traders have been able to pass the evaluation process over and over again, so certainly it is possible! We consider the knowledge of the rules (Trading Objectives) and how they work the essential thing that will help you pass the Challenge. If you are in a need of the trading capital, FTMO is a great option for you - trading undercapitalized will lead to overtrading and taking too much risk, which is not the case with us.
@@FTMOcom, hhhh, what you are saying is just throwing some dust in the eyes , many professional traders , they know that is very hard to get the job as traders for companies as nowdays the algorithms are doing the job. , second thing: why people when they succeed in whats called challenge / verification . they get demo account ?
@@MrBondfilms , you can search on google , how is hard to get a job as trader , so you understand how hard for professional to get job as traders, though how this company can give you their capital to trade with, known that they never seen you , or talk to you , dont be stupid ....
all the money they give for profitable traders , they pick it up from people whome do the challenges , its like the other brokers , that keep the trades in their servers , and not put them in real market untill you lose them all. because they know that there is high probabilities that you will fail . so they just keep the money in their pockets.
man all i see is traders on ftmo taking 100-200 trades a day . that's is just overkill it shows they arent sticking to proper strategy plan or risk management meaning they aggressively overtrade to get back to break even when in drawdown.this is definitely not the way to approach trading and ftmo.u should have a set trading plan with rules and stick to those rules only and use proper risk management so in the long run u will be consistently profitable.if u risk 1% per trade then u can take less than 20 trades in a month to reach the 10% profit target for ftmo challange.even with 0.5% u can still do it in less trades than 100-200 in a month.
Hello, not a single reviewed trader in this video made over 100 trades in one day. Opened position that were shown in the Account Metrix under "Statistics" is for the entire period of the account. If you mean over 100 Trades in a month, that is still not the case for some traders, but ultimately it depends on the strategy that the trader wants to use. It is not unusual to see traders who execute even 1000 trades during the trading period. Our traders can use whatever strategy they find profitable as we do not want to restrict them in any way.
Has it occured to you that GBP/JPY has a low spread, behaves very technically and has a high daily ATR? Besides, profitable traders trade their own strategy, not someone elses.
you should make a video also looking at the same person's verification stage after just looking at their challenge stage to see the difference in style, lot sizes and patience overall and even look at both simulators, that's a pretty interesting idea for a video.
More successful challenges by people using brokers other than LMAX would be great
What’s the difference if you have a profitable system and taking in account spread then it doesn’t matter...
how are we supposed to pass the ftmo challenge as a Swing Trader when the time period to passing the challenge is 30calendar days?
Hey @FTMO: Is it possible to do a statistical analysis of funded traders? f.e.:
- How much they earn on average/median each month
- The average winrate
- The average r/r
- The max payout
- The average losing streak
- ...
A monthly review of this would be amazing.
Second this, that'd be awesome. Also, what percentage of traders end up losing their account, reasons why, and how fast that happened
Hi N0S41NT,
I have passed your suggestion for consideration. Thank you
I passed my 10k challenge on day 1! Caught a great move on S&P hopefully I get on there page for reviews!
We assume that you have hit the Profit Target, in which case great job! However, keep in mind that for the account to be considered as passed, you have to meet all of the Trading Objectives.
@@FTMOcom Yeah I hit the first challenge pretty with realistically 2 trading days, I placed 20 something trades over all. I just talked to support and you guys are able to review it I believe.
The first month of evaluation is tough. On average, professional traders and institution can achieve 2-5% per month. You are considered to be a forex/stock rockstar if you reach 10% or more/ month without losing 10% of your capital! If you are achieving 10% profit CONSISTENTLY and not losing 10% of the capital CONSISTENTLY... (10% profit and not exceeding 10% loss has to be maintained SIMULTANEOUSLY), take their challenge or else you will just lose your "challenge money".
Hello Dante, we agree that it may be difficult to reach 10% Profit Target in 1 month, but for that reason there is a Free Repeat of the Challenge feature that is available to everyone who is able to meet all of the Trading Objectives but the Profit Target and is still in at least some profit. Also, there is only 5% Profit Target for the Verification phase.
@@smozzer9449 their criteria is not only about achieving the profit. Maybe I am wrong but you also have to consider the minimum trades you will take, 10% maximum drawdown and other rules you have to follow. If you fail one of those criteria, you cannot repeat the challenge. You can check their website to know more about their rules and regulations. Regards
I was not able to find the query on your website, let say after v=becoming FTMO trader, if I am not wrong there is no profit target so we just have to be with in the Max daily loss and Max loss range ?
and what if i close two consecutive months in negative let see down -3% first month and -2% following month so after two months down -5% but still under with in the max loss. In this case also FTMO trader can continue trading with FTMO UNTIL -10% is breached?
Yes, that is correct, since there is no Profit Target, you just have to stay within the Max Daily Loss limit and Max Loss limit. The example that you have provided is correct, you would be able to trade until you hit either the Max Loss or the Max Daily Loss (if you gained some profits).
@@FTMOcom awesome, taht is great. thank you
If u have a normal ftmo account can u hold ur trade for more than a day. Or do u need a swing account
Hi Real Baba,
In the FTMO Challenge or Verification, you don’t need to. During these stages, you can keep your positions open overnight and over the weekend as well.
However, once you become an FTMO Trader and manage an FTMO Account or FTMO Account Aggressive, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. Our FTMO Traders having the FTMO Account or FTMO Account Aggressive must respect the market timings. Every asset class and its respective instruments might have different trading hours that have to be adhered to.
Thank you for your question, and do not hesitate to contact us again.
If I want to join FTMO what information and documents do you guys need from me before I can start?
To start, nothing is needed, however, when you become FTMO Trader, you have to provide us with either your national ID from both sides with your selfie or passport from both sides with you selfies. If you want to run as a company, we will need some additional documents. For more information, please send us an email to support@ftmo.com.
Just to put into your kind consideration that There are some good traders who can not afford the fees so you might have some special offer for them exclusively. Of course its Win Win situation and you may have even difficult rules and targets to filter out.
You can always try check traderseed. Io if im corect.
Hello Majid, we believe that if someone if able to make consistent profits by trading they have to have at least some money. Now we understand that the fee is still a problem for some people, so we recommend saving up and trading on our Free Trial until you have enough money to actually start. Also, we never encourage using money on trading if you can not afford to lose it.
@@FTMOcom Thank you very much for the kind and quick response
I'll be joining your FTMO challenge in 2021 and I had a question before I enter: Can I hold a trade for a few days but close it on the weekends? Also, if we pass all the trading objectives but not pass the minimum trading days, can we still go into the verification step?
Hi Valerie K,
For the first question about holding the trade over the weekend we advise, that if you are interested in holding a specific trade over the weekend, just send a request to our FTMO Support Team. They will review your request and possibly allow it.
For passing the FTMO Challenge you have to pass all Trading Objectives. Therefore, we advise that if you meet all Trading Objectives, for example in just 6 days, then just open a position with 0.01 lot on each of the rest of 4 days.
Thank you for your question and feel free to ask anything else.
Best regards
@FTMO can profit be split if someone purchases your 100k$ account for the first without passing the free trial challenge? Besides if the client meets all the objectives?.....can someone just purchased the 10k$ or 100k$ for the first time and meet profit target and all, will the profit be shared after 10days of trading?
whats the leverage for the FTMO challenge 1:500 or 1:100??
1:100
is it possible to be refused despite having passed the challenge because you consider that we do not have good money management or strategy ?
Honestly would FTMO consider like a fine fee if slightly violated max daily loss once you have funded account? So you don't just loose account because you went over by like 10 pound or so??
Unfortunately we would not - Max Daily Loss is even easier to adhere to than Max Loss, since Stop Loss will protect you for that day.
Why when all you would have to do is take a stop loss that is less than that amount, and stop trading for the day? You just need restraint.
I got 50%WR and 2.0 RRR but i'm afraid i will not get sufficient frequency of signals from my system as I trade the 150m tf to make the edge work and reach 10% target in 30 days. Do I have to learn how to operate on smaller tfs as the 15M??
Hello Tiziano, if the trading system that you have chosen works for you, I wouldn't worry too much. In the end, you can still aim to meet all of the Trading Objectives without necessarily meeting the Profit Target, but if you are still in at least some profit, you will be eligible for a Free Repeat of the Challenge.
@@FTMOcom Thank you for your fast answer. What if i fail to reach profit objective of 10% on the second free repeat? Do I lost fee money?
@@tizibazz You can continue to retake it as long as you don't violate the objectives
@@HimboJimbo are you sure mate? That would br great!
@@tizibazz Yeah. I've confirmed with my peers that have done that and support that you can
Does the max loss limit reset each month for ftmo? Eg- if i’m in a deficit of 9% and decide to stop trading that month. When my next month begins will I only have 1% that i’m allowed to lose to make it 10%, or does that max loss counter reset?
Max Loss limit is set so you do not lose more than 10% of the account at any given time. So there is nothing to reset. On 100 000 USD FTMO Account, you can not go under 90 000 USD and it does not matter when. I hope that explains it. You can also visit our website, where all of the Trading Objectives are described to the full extent.
Why would they erase the loss? If it were monthly you could burn down the entire account in less than a year.
is there any possibility for the challenger to not get funded even after the objectives are completed?
Yes there is. If the trader passes the Challenge and the Verification, but does not make it to his/her Profit Split (he never reaches any profit at the end of the trading period), we will be unable to refund him/her.
Does the max loss limit reset monthly?
@@gibraialkhan7284 No
@@FTMOcom sorry do you mean they won't get paid for the month or so you also mean they will lose the FTMO funded account? Thanks :)
am still confused on the maximum loss. Please Kindly explain . does it mean my equity shouldn't be lower than 10% for the month. or is my daily loss added up everyday
Hi Okoloigwe Chinyere,
We recommend that you need to read everything there is on Max Daily Loss here:
ftmo.com/en/#maximum-daily-loss
We also recommend to read everything about Max Loss here:
ftmo.com/en/#maximum-loss
Thank you for your question, and feel free to ask anything else.
Best regards
hi there how many free trials/challenges are allowed by FTMO ?
You can have just 1 Free Trial running at any given time and as many Challenge Accounts as you want, but keep in mind, that you can not get funding of more than 300 000 USD.
When daily loss is close to 5%, is it not added to total loss even ? Max daily loss resets every day I understand this, but what loss occurred does it adds up to the max loss. For instance day1. 2% down and day2. 3 % down its not a violation on max daily loss but adds up to the total loss of 5% till the date correct ? There is no clear info on this on your site very superficial details have been posted there. I checked with one of your support team she explained like this. In this he is down almost 4% on specific day, and how did not this adds to max total loss.?
Hi Shivanand Jogi Nath,
From your example, If you will lose 2% from the initial balance in one day and then 3% from the initial balance on the second day, your Max Loss would be in loss of 5% from the initial balance; that is correct.
Thank you for your question, and do not hesitate to contact us again.
@@FTMOcom Tq for your reply. @ 5.11 you were showing one account where he was close to max daily loss 4.7% but under max loss it shows only 2%down. Why those 4.7% wasn’t added to total loss?. Or is it this way when that loss was recovered max loss was also reset to neutral ?.
What are the rules about holding trades overnight?
That is certainly not as issue on the Challenge and the Verification Accounts. In fact, you can hold your positions even over the weekend. When it comes to FTMO Account, you can not hold your position if the market is closed for more than 2 hours - so you will not be able to hold most of the instruments over the weekend.
Awesome vedio
Hi Wali, Thanks
That 3rd one looked like a Martingale Strategy! The fact that his profit curve IMMEDIATELY reversed upwards after going down, and also note how he had a couple of HUGE volumes, but mostly small. I would watch his account carefully because Martingale traders will always blow their entire account at some point...
I am from uzbekistan can take challange is it possiple if i am not usa or europian country citizen
Hi Asadbek Zokirjonov ,
Our FTMO company is a global company that offer placement in a FTMO proprietary trading company all around the world. We do not have any restrictions for Uzbekistan citizens.
Thank you for your question and feel free to ask anything else.
Best regards
I want to try the challenge but i didn't have a budget to pay the fees
Hi where are you from?
Same
Greetings mate,I live here in Texas, I Just started trading last week, I am a beginner I never believed I’ll make upto $18,000 in just 1 week from trading but when I met Mr Raini he guided me for free with his strategy and he guides me with the exact time frame to trade and now I just received my first withdrawals $18k in my bank account today I’m very happy I recommend you contact him.,he is very honest and trustworthy he will guide you to make consistent profits
(Rainititan@gmail.com)
I am not quite ready to be funded but when I do I would like to leave my first months profit in my account. Will this provide me a greater daily loss limit and total loss limit. Thank you.
That may be a good idea, however, leaving your profits on the account will not increase your Max Daily Loss, just your Max Loss.
What are the changes you are using? I feel like there needs to be some sort of swing account, where there is a higher daily loss limit because when your swinging you have multiple trades open for days and days and then a couple of trades dont go your way and bang your out of the challenge... this is only for day traders and scalpers and it's a shame
Hello Charlie, we certainly already have some swing traders. The majority is still mostly day traders, but there is no problem holding a position overnight during a business week and therefore some swing positions can be held. If we had higher Max Daily Loss limit, that would also mean that traders would risk more and lose more in the end. Also, we want to offer the same conditions to everyone and for that reason, we can not make exclusive conditions for some traders with different trading styles.
@@FTMOcom fair enough but maybe there should be an option to have 10k daily limit... which is only 10% drawdown which isnt that bad, especially when swing trading and you've got multiple positions open , I'm just saying it would suit a swing trader if that was an option, I went 37 dollars over the daily limit for all my trades to then be in profit, risking 1 percent but with maybe 9 trades open for the week
lol that first trader wont last long at all! using HUGE lot sizes to barley pass his target of ONLY 1k for 20 trading days lol if thats what it taks to get a interview with you guys then just wait on me :) just signed up for my first challenge youll be hearing about me soon love you
How did it go?
David Howard lol
David Howard I passed the challenge and the verification challenge
Reece Royal passed both challenges waiting to get funded now :)
@@MrBondfilms congts mate 10k or 100k?any tips
Why do u fund traders that can't actually trade?
Mayby becose this Traders menage to make chalange. If this Traders lose after make chalange and veryfication company lose only 10% of account.
We fund traders that are able to pass our evaluation process. We have set strict rules which have to be met and we are not evaluating trading systems on anything subjective. If you think that some of these traders can't trade, keep in mind that any trader is funded just after the Verification, when they achieved the Profit Target and managed the risk twice already. Of course this selection is not accurate 100% as there are some lucky exception, but that is the nature of this business, there is always SOME luck involved in trading.
Is the funded account fully hedged?
with ftmo criteria you will never get it, the daily loss get reset at night, that means if you are in loss during the day and at reset time. you violate the daily loss. and its finish for you. it's better to trade your own money, so you will put yourself in a narrow path. the forex is already hard to get profit from it.
Many traders have been able to pass the evaluation process over and over again, so certainly it is possible! We consider the knowledge of the rules (Trading Objectives) and how they work the essential thing that will help you pass the Challenge. If you are in a need of the trading capital, FTMO is a great option for you - trading undercapitalized will lead to overtrading and taking too much risk, which is not the case with us.
I don’t see how you would think such a thing. Lol you must be a noob. They allow you to lose up to 5% in one day and 10% total...
@@FTMOcom, hhhh, what you are saying is just throwing some dust in the eyes , many professional traders , they know that is very hard to get the job as traders for companies as nowdays the algorithms are doing the job. , second thing: why people when they succeed in whats called challenge / verification . they get demo account ?
@@MrBondfilms , you can search on google , how is hard to get a job as trader , so you understand how hard for professional to get job as traders, though how this company can give you their capital to trade with, known that they never seen you , or talk to you , dont be stupid ....
all the money they give for profitable traders , they pick it up from people whome do the challenges , its like the other brokers , that keep the trades in their servers , and not put them in real market untill you lose them all. because they know that there is high probabilities that you will fail . so they just keep the money in their pockets.
man all i see is traders on ftmo taking 100-200 trades a day . that's is just overkill it shows they arent sticking to proper strategy plan or risk management meaning they aggressively overtrade to get back to break even when in drawdown.this is definitely not the way to approach trading and ftmo.u should have a set trading plan with rules and stick to those rules only and use proper risk management so in the long run u will be consistently profitable.if u risk 1% per trade then u can take less than 20 trades in a month to reach the 10% profit target for ftmo challange.even with 0.5% u can still do it in less trades than 100-200 in a month.
Hello, not a single reviewed trader in this video made over 100 trades in one day. Opened position that were shown in the Account Metrix under "Statistics" is for the entire period of the account. If you mean over 100 Trades in a month, that is still not the case for some traders, but ultimately it depends on the strategy that the trader wants to use. It is not unusual to see traders who execute even 1000 trades during the trading period. Our traders can use whatever strategy they find profitable as we do not want to restrict them in any way.
GJ is popular cause of a youtuber named wicksdontlie, does daily livestreams and he only trades GJ
Has it occured to you that GBP/JPY has a low spread, behaves very technically and has a high daily ATR? Besides, profitable traders trade their own strategy, not someone elses.
You sir are a idiot to think gj is popular because of a you tuber lol
Peral Pitcher while it is true that maybe he made GJ more popular among beginners, I see your point