Free ftmo challenge reddit

Free ftmo challenge reddit. . Wish me luck. You need to sign up for the free 2-week FTMO demo challenge. Just a curiousity of mine. I said August because I'll have a whole week off in August. Almost close to reaching target on 50k FTMO Challenge. I was 50$ away from starting over. I passed the free trial and I’m currently on my retake for the 50k challenge 🤷🏾‍♂️ Do the free trial and make sure you have a good strategy before you take the challenge. The 2 major drawdown periods are plain and simply my fault. 32% and 4. You'll see detailed proof of my results, including FTMO | The Modern Prop Trading Firm since 2015 Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". 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 Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. com's Reddit Forex Trading Community! Here you can converse… Same thing happened with my first ftmo challenge, I was £700 in profit. Everyone goes through revenge trading at some point, I counter it by placing 1 trade per day at an absolute maximum (scaling into winning positions not included), win or lose, I place the trade and wait for the outcome, after that I go off and do whatever else for the rest of the day. Enhance your trading skills leading up to the demo FTMO Challenge and see if you're ready for the next step in the FTMO journey. I did the challenge myself. The real question is do YOU have a consistent and profitable method? That is the real question. The advantage of buying a new FTMO challenge is that I can take advantage of the new no time limit rule. I cut my lot size in half to finish. Stop taking ftmo challenge. 59 respectively. Also I'm fairly sure FTMO gives you a demo account after you've passed the challenge, and then they copy the trade onto a real account so there may be 1 pip differences by the time an order is filled which in your case could be huge. Don't beat yourself up. Hey guys. I don't understand why my win rate is 93. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. 22 votes, 24 comments. 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 Just over 10 lots first 4 days and then 63 lots the last 2 days? That feels more like gambling . Action Movies & Series; Animated Movies & Series; Comedy Movies & Series; Crime, Mystery, & Thriller Movies & Series; Documentary Movies & Series; Drama Movies & Series That was a low moment for me. " Get the Reddit app Scan this QR code to download the app now FTMO challenge r/Forex tax avoidance and environmental negligencethe free of consequences What is the legal relationship between an FTMO Trader . 75% when I've made 16 trades and all profitable. You need to buy the challenge and then pass both phases. Just completed the 10% challenge for the 100k account on ftmo in 36 hours. 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. Savings: Get a 10% discount on all future FTMO purchases. You'll keep failing. See full list on fuelforex. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge because most likely, no one has 100k lying around to use. FTMO 10K challenge Prop Firms Hey guys and girls , I was just wondering if FTMO is worth trading with on long term perspective and what’s would be realistic and suitable account for beginners. EDIT: Blackjack contest winners = Free challenge account 875 subscribers in the ForexCracked community. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. Do not be tricked by fly-by-night firms offering cheap thrills. If you reach your 10% you have reached your goal and move to the next challenge. is FTMO legit & reliable? if yes, then do you think it's worth 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 . This is a free trial, should I do another one again to validate my system or should I jump now to a real challenge? View community ranking In the Top 1% of 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 😂😂😂) 🤦🏾‍♂️ 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 $200k account. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. Same thing with taking a prop challenge. Countless YouTube videos, Udemy courses, Google searches. This will be the closest thing to the "real thing" as you can get. Step 1 - FTMO Challenge Dont buy another challenge account until you are profitable I did that twice before I passed and while I learnt from it, I couldve saved 1400$. I have passed the initial challenge and I am currently trying for the verification phase. In this video, I share my journey of successfully passing both Phase 1 and Phase 2 of the FTMO Challenge. Good luck No. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. Thats why Im asking if you had expierence with this. 00 lot trade and that started the losing streak. Find me on Discord: isaac_1805 Telegram: @isaacstrading My YouTube: @isaacstrading is funded account really worth it? : r/Forex If you lose 3 trades which is 300 dollars in a row the strategy isn't working. After passing both phases, you start getting all the profit you make. 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. First step is to forgive yourself, then reflect and see where you went wrong and implement new measures so that you'll do better next time . EA uses a well-calculated hedging strategy to either pass the prop challenge or recover the cost of the challenge (challenge fees), so you don't have to pay for another challenge if the first one fails. Yes , I keep it in mind however one question I still have if I'm in gains of let say 1k , does the daily loss self adjust? Another question is about hedging a trade but from my experience they would still consider the hdged loss not the winner ,so for this experience I won't be hedging my trades Good stuff bro 💪I have started 25k challenge but I’m 2 weeks in -3% I do not think I will pass if there is any one out there who is willing to help I have open ears I have been trading a breakout strategy but I started during nfp week and the news killed me followed by the cpi in which my sl was not respected and I lost double (normally 1% but lost 2) 🥲 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). The following week I did really bad in my Forex funds challenge as I didn't adhere to the rules. When you finally learn how to trade consistently and generate profits, the sky is the limit. Theoretically you could complete the entire challenge in a couple of days if you are good enough or get extremely lucky. Today i finished my first phase of my 100k Challenge. AMP is an Ethereum-based token that makes transactions instant and secure. First things first, let's start with the basics. 11 votes, 36 comments. FTMO challenge. See Pinned Post in group or my latest video's description on YouTube. AMP is a digital collateral token that offers instant, verifiable collateralization for value transfer. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. Let's go! FTMO Swing account type What are the pros and cons of FTMO? : r/Forex Question about FTMO free re-try Prop Firms So I heard you get a free re-try if you fail the challenge but still end in profit without breaking the drawdown rules. FTMO and other prop firms earn their money on people failing challenges. Very happy with myself and my progress, especially that I started trading less than a year ago. Questions 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. This serves as a testament, however, of how badly designed the FTMO challenge is. You have 60 days (double the time) to make 5%. When you can consistently pass this challenge you may be ready to risk taking a real challenge. 331K subscribers in the Forex community. I can demo trade just fine, I passed 3 ftmo trials one after the other. If you don't hit your profit target in 30 days, you lose the challenge. 5-1. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. We all make mistakes. e impulse, corrective, impulsive etc. Can funded account help with discipline? I have been thinking about it and started challenge, my thinking is that it can help me to stick to the rules as i know account will be terminated if violation of rules, which wont happen on personal account and i can blow it again. Posted by u/Fantastic-Drama9484 - 6 votes and 16 comments Industry workers should feel free to post pictures of work you have completed, pictures or stories poor installation practices you have come across, and funny pics. Now I have to wait 8 days to start step 2. I'm new to FTMO. The difficult thing for me will be reaching the 10% profit target. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the 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. If you manage NOT to breach any of the Trading Objectives (regardless of whether that is the FTMO Challenge or Verification) and your account ending in profit at the end of the trading duration, with all positions closed, we will give you a new FTMO Challenge free of charge. We can declare with a clear conscience that the biggest obstacle for conservative traders who had problems due to increasing their positions to meet 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 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. Please dont get me wrong as I have a very limited knowledge about profits etc. You don’t get any of the profits from the challenge. After a while it seemed better to simplify everything and just look at plain simple price action, I. I took a 2. Mind you the max that I have lost is 1% per trade. I feel the challenge is more of a puzzle. Let's face it, a lot of traders fail and lose money and I admit it myself, if I hadn't used a trader to pass my tests, I probably would have lost money from the 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. I'm not worried about the 5% daily drawdown limit, I know how to avoid that. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. Why? It’s because that will give you a better idea on the FTMO challenge. Free Challenge: Earn a free FTMO challenge at the same size as your current account. It has a free trial that’s quite tough if you ask me. 1%-3% max but I think 0. FTMO Challenge. After having the funded account you don’t have any monthly profit target. $100k is equivalent to trading with $3500 worth of REAL capital because $5000 is the max limit for loss, and you gotta take 70% of your cut which boils down to $3500. You have to be profitable to be able to make money on their Free repeats and 14-day extensions are also no longer needed because traders trying an FTMO Challenge and a Verification don't have to watch whether they can make 10% in 30 days or 5% in 60 days. A few answers to your questions Sorry OP but that's a dumb question. 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. Find something that works atleast 50% win rate and do not ever break rules. That way I can be at my computer whenever I want. This free challenge can be taken as many times as needed. 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. Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! I'm not selling anything, not selling my EA, not selling courses, just here to share my progress :) FYI I used my latest creation, TurboScalpX discussed here last week: 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. Deposit the challenge fee into a brokerage account and trade it away. I love practicing with these challenges. Welcome to FXGears. Everything under Refund Policy. I recommend you take advantage of ongoing promos before it's too late. And looking where price moves to. true. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. - To be with other like-minded forex traders. Later I took a second challenge and I was in the same position, $320 from finishing the first phase. Anyways if you're serious enough about this, why hesitate on paying for a challenge account? I already have 100K from MFF, then I bought a 250K Bootcamp from The5ers (since there's a holiday promo until Jan 3rd). Hey guys, I am currently doing an FTMO Challenge. It's hard as I started ftmo challenge and my Forex funds challenge and in 1 week I passed ftmo. I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. 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. 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. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. If you don't hit your profit target in 30 days but you're profitable (e. com Try a FTMO Free Trial and dive into our evaluation process. Please explain it like I’m five. However, if you can do that, then you are in the game. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). We would like to show you a description here but the site won’t allow us. On the 50 lot day, if your stop loss across those 5 trades was 20 pips each, your risk was equivalent to $10,000 to make $840. -Share FUNNY Trading Country blocked - FTMO Country blocked How to start? WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. FTMO is legit, and I assume they have a lot of very successful traders. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. I want to take the FTMO challenge for a swing account in August. com challenge. If you are a real profitable trader you shouldn’t have any problem following FTMO rules. The majority of challenge takers are not aware of this and are risking only 1% to 2%. 8 - Win rate of 55-60%. Rish management is key, and you should aim for minimum 1:3 RR and risking no more than 1% of your account. And if you get lucky and you pass, you won't hold the account for long. 242 votes, 229 comments. Assuming you're between the top ones that pass the challenge, you now have the evaluation phase. We offer a Free Trial account, which is an abridged version of an FTMO Challenge. I have not loss one trade. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. My question is if any of you guys who have passed the first… But I realized in the end that if I do passed the challenge, then it's a free to use capital for me as I got my challenge fee back. First level ftmo challenge on a 200k account Prop Firms I have a 75% win rate but I end up losing some trades which takes a big hit in the account,it's been 3 days since I took the challenge to reach 10% but am feeling like the numbers are big but I have did it easy lot of time before(on smaller accounts) I feel little nervous to big lot and Guys you have unlimited free tries while during the challenge to pass it if you don’t break the rules but don’t achieve the profit target 10%. Members Online TDR RECOMMENDATION Pass ANY Prop Firm Challenges: FTMO, E8, TFT, etc / Funded Account Management, I offer these services! Single Challenge Pass OR Contract Offer. Only 8% of all challenge takers pass. I would recommend improving your risk management before buying a challenge. It was my first challenge and I couldn’t believe it was actually happening. com/b/gUfIDGet up to $6 We would like to show you a description here but the site won’t allow us. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. 😀 The answer is revenge trading. They were kind enough to share their experience and even several tips that helped them pass through the Evaluation Process, so do not hesitate to take a few moments and get inspired by their journey in our new article! 36 votes, 52 comments. g +2%) you get a free retry. 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? The awful truth about FTMO : r/Forex 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). I have come along way! Please share your experience with trading or even FTMO :) Ask me how I failed my FTMO challenge with 0 losses are the people that pass your ftmo challenge legit? : r/Forex FTMO | Modern Forex Prop Trading Firm & Funding Challenge Passed my first FTMO challenge :) : r/Forex You have mentioned you're profitable on your own and with a large sample size, so congratulations. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. Just yesterday I lost my ftmo challenge account also. FTMO. Here, you will have 30 days to trade. Same with the 5% on the 2nd challenge. 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. - Each challenge was done separately, months between one and another. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. Remember, in the market, perfection is elusive. It's Wednesday and that means we once again spoke with a few of our new FTMO Traders to ask them about their trading journey. Passing the challenge is easy with a bit of luck but 99% of those who pass the challenge can’t manage to keep the account for more than a month since they would break the rules because they simply don’t know how to trade. 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. 7 and 2. You have 30 days to make 10 percent and that is not easy. I have been trading since 2020… We would like to show you a description here but the site won’t allow us. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. You should do the free ftmo challenge, they give you 14 days to get 5%. They have a long history in the industry, proven consistent payouts, and upstanding customer service. I appreciate it. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. I plan on taking the challenge but it's definitely not as great as I thought it was. Keep trading sharp! Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. The rules for the Challenge Passing help you handle risk management better. Which instruments can I trade and what strategies am I Hit the like button for more powerful content on your timeline!I hope you enjoyed the videoDaytrading & Fitness Websitehttps://payhip. 09%, the profit factors are 3. I’m not saying its not hard. Thanks for the help I got when I was trying to find a good prop firm. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video… We would like to show you a description here but the site won’t allow us. Another tip I would like to add is that you should take the free trial twice. We are currently recommending and standing by FTMO. Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Anyways can some one explain what's happening also I've got no open trades right now and everything is realized. ezpg lsx ovfj hvggty pay vudg frozrq jstixaa suwy uogijzo