Ftmo forum strategy. Surprisingly, the most popular approaches are often simple to understand and opening/closing positions takes a minimum amount of time. I am incorporating other strategies into ftmo style trading. You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. FTMO companies do not act as a broker and do not accept any deposits. However, I have been demo trading an FTMO EURUSD v4. 1 #1402217685” notice the v6. Aug 15, 2024 · The FTMO leaderboard offers a clear view of the top traders who are currently making their mark in the trading community. The average RRR per trade of 1. It's not that we want to restrict you from doing anything, but risking a big portion of your Maximum Daily Loss on a single trade idea may suggest that your strategy is not robust enough Mar 7, 2022 · This strategy is to help with passing the prop firm called FTMO This zip file comes with the EA, the PDF files of how you can manage your risk, and the targets you can achieve everyday. O FTMO Challenge é o primeiro passo do Processo de Avaliação e ensina-o(a) a dominar os seus hábitos de trading. In this challenge, Petko used all of the FTMO robots trading simultaneously with 1% (normal) risk per trade. Once the account reached 5% profit, I doubled the entry lot (keeping it at 5% max Daily Loss). If there is a total of all accounts mounting to $400,000 you will receive an email asking you to modify your robot. A series of losing trades in Forex trading is not uncommon. me/tjfxbot/F Become our next FTMO Trader and work with an initial balance of up to $200,000: https://ftmo. It can be a mentor who can help with a trading strategy or plan in addition to the psychological side. comHaving been through stocks and options, Adrain is no newbie in the worl For example, we can generally recommend to our FTMO Traders not to risk more than 1% per trade idea to help them with adopting safe risk management principles. 400$ 3. Aug 30, 2023 · When you look at the FTMO app the chart named “XAUUSD M15 v6. Search this Forum: Forum Jump: Private Messages User Control Panel Who's Online Search Forum Home Flex EA -- Announcements & Updates -- General -- Strategies & Settings -- FTMO Prop Firm Challenges -- Troubleshooting -- Bugs Welcome to FXGears. but I hope you guys get the point. In an ideal world, every trader has permission to all market-moving information at the same time, the top Professional Forex traders Dive into the live back testing of my foolproof supply and demand trading strategy, the same one that helped me ace the FTMO challenge in just four days. 0 and must be installed on MetaTrader in the M15 chart. There is a huge amount of markets you can dive into. Instead of bets on red and, they bet on the short or long side. If your system is profitable while respecting the rules, we’re happy to see you profit with us. Regularly updated, it highlights those who have demonstrated exceptional skill and strategy, showcasing their achievements for all to see. As a prop trading firm, FTMO offers traders not only the ability to use leverage, but also the ability to open a large enough trading account for only a very low fee. You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,…). From effective but simple money management system that can help you pass the FTMO Challenge with just two trades to developing a strong trading strategy that will Forum Strategy is a strategy and membership organisation for CEOs, COOs and executive leaders in the education sector – offering executive leadership training, organisational development, coaching, mentoring and national networking. I average 3-4 wins a month based on 10-12 trades . I tested my EA using FTMO data, if I were to sign up for a challenge, assuming if I can time travel back to the time when this EA was tested, will the results be the same? (I am not asking if this EA will be profitable in the future, just wanted to know how it will differ on live and backtesting) But I wanted to see how I can use this strategy to be successful at FTMO. Not to mention you can approach trading as a day trader, scalper, or swing trader. 46%) is also average. 1, this is version 6. We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time. Our first trader in today’s selection is a typical […] FTMO only provides services of simulated trading and educational tools for traders. I went into the process thinking I knew more than I actually did, and following the FTMO guidelines I realized I wasn't. Nov 18, 2023 · The following is my strategy on how I plan to trade Petkos’ FTMO V5. He emphasizes that the greatest advantage of having a larger FTMO Account is the ability to engage in trading with significantly reduced risk. Then, within FTMO, traders also have the services of performance coaches who can offer advice and solutions in managing stress and finding the right I tried a simpe forex strategy for passing an FTMO challenge. Someone can be helped by feedback from other traders within a community of selected traders. I registered for a free trial on FTMO and trading my break of market structure strategy. ----- I'm used to have 10 to 20% of DD with my strategy, so I'm simply playing with half of the usual volume so my max DD was between 5 and 10% Now that FTMO have removed the max delay to achieve the goal, take your time with smaller lot size Become our next FTMO Trader and trade up to $200,000 on FTMO Account: https://ftmo. Apr 18, 2021 · In this video I show you all my strategy to complete ftmo and where beginners taking the challenge go wrong. When you look at the FTMO app the chart named “XAUUSD M5 v6. Let’s first take a look at the building blocks of this trading strategy and compare it with the well-known trading concepts by industrial titans (Dow That’s why developing a robust FTMO trading strategy would increase your chances of passing the FTMO challenge. Please check the trading hours of the symbol in the platform you are using and refer to our Trading Updates site for the latest platform maintenance times, scheduled outages and other trading-related updates. In the first part, we will look at a strategy from a scalper from Malaysia. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. Besides being great traders, they are also best-selling authors of many Trading books such as „The art of Trading“ by Chris Tate or „Trading Secrets“ by Louise Bedford. How to build a robust trading strategy. Drawdown We can see it everywhere. I have been backtesting the FTMO EURUSD strategy over the month of August. Here are a few other examples of scalping strategies There are countless ways of making money in Forex. 800$ 4. Upon successfully completing the evaluation, traders are granted a position within the FTMO proprietary trading firm, where they can remotely oversee the FTMO account. There has to be a total of all accounts using the same robot mounting to $400,000 before FTMO becomes concerned. What are the rules of trading the opening […] This trading strategy was initially popularized by an infamous trader who is also the founder of the Inner Circle Trading (ICT) method which is claimed to be the evolved version of the SMC. We each have to find what suits our personality and our style. Together, however, it makes for a combination that can yield interesting returns, as in this case. Today's trader may not have achieved the highest return compared to previous cases, but his balance curve still looks pretty good and is trending upwards. 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. - To be with other like-minded forex traders. This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc. The log clearly shows that in this case it is a scalper holding his positions for a few minutes to a few tens of minutes. Each FTMO Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past. Practice and refine your strategy. 3200$ They want their majority traders lose with tight trading restrictions, collect the losers subscription money and pay the few winning traders. In the next part of the series on successful FTMO Traders with above average profits or consistent results, we will look at the approach of trader Daisy from Kenya. -Share FUNNY Trading Eventually, however, he discovered FTMO, and today he trades on a $400,000 FTMO Account. Jan 6, 2021 · This leads to some necessary adjustments to your strategy and risk management in order to maximise the chances of successfully completing the challenge. A drawdown is a reduction in the equity value of an investment and an inevitable part of every trading system. Like any trading strategy, scalping requires practice and refinement. 13% per trade. The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. Symbol Specifications & Trading Hours. The good news is that you can get very close to profitability thanks to backtesting. We will not deal with the reason why a trader enters long or short, the key is that when the market goes against the trader, the trader should open a new trade in the direction of the first trade, but the volume is twice as big. Firstly, I found my sweet spot by sticking to one pair, XAUUSD. I will be publishing my results up through tomorrow after the market closes tomorrow. FTMO Margin Calculator. Daisy became interested in forex trading in 2019 and has been trading since 2020. The same principle is applied by traders to the financial markets. In this […] A trading strategy does not have to be complicated and does not have to require hundreds of hours spent studying charts. This strategy is mainly for Ethereum but it also works for Bitcoin. If you can find. The following are the results so far. Jan 10, 2023 · Forex Forum’s offers universal access to financial market intelligence and keep them up to date regarding Interactive Trading, Automated Trading, Commodities, Stocks and Indexes, Binary Options Brokers, etc. Traders are required to employ effective trading strategies to meet specific objectives and risk parameters set by FTMO. Although he is a classic scalper […] Those who get into this programme will be able to enjoy special bonuses and benefits, including, for example, 90% profit split, free FTMO Challenges, an increase in the maximum allocation to 600K/1M USD, FTMO Challenge of 400K USD, instant payouts, or even a job with all the conveniences of an institutional trader. Keep track of your trades and analyse your results to identify areas for improvement. To do this I used the free FTMO demo account twice for a total of 30 days of testing. Once you’ve decided on these things, it is time to select a strategy that will get you in and out of the market. For some traders, this may be an uncomfortable discovery, but our new FTMO Traders Ndecham, Charlie, France Anne and Parag are certainly already clear on this. I coul 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. It took days for the FTMO Robot to reach 10% profit: – Total Trades: 24 A perfect example that the road to success isn't always smooth and filled with profitable trades is today's featured trader from the series on successful FTMO Traders. As part of expanding our product offerings and improving our service to FTMO Traders, we came out with a new app called Margin Calculator at the end of . FTMO ALL TIME RECORD HOLDER, VERIFIED Track Record ($2M A-Book), 11 Years Full-Time Trading, CEO Licensed Investment Firm. Was it a happy coincidence that it works for me? Yeah sure. Sep 12, 2021 · About FTMO: FTMO has devised a distinctive two-step evaluation program tailored for traders. They often experience a phenomenon known as FOMO (fear of missing out), which in turn leads to unnecessary overtrading and further losses. Every trader experiences them. 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. 0 #365481517” notice the v6. This guide combines various strategies and tips to help you succeed. Why they made the list: Chris and Louise are both veterans in the Trading industry with over 30 years of experience. 52 is not bad, and the win rate of around half of the trades (52. I trade divergence specifically for example. 0, this is version 6. I mean logistically having a working strategy couldn't be easier these days. 5% with the 5%ers, all due to the spreads. " How would you rate your experience with FTMO? I would rate my experience with FTMO so far 10/10. Every analyst and financial news outlet is using […] 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 Become our next FTMO Trader and trade up to $200,000 on FTMO Account: https://ftmo. You can lose 10% on FTMO with 10% target, so you have to double your account. The possibility of interesting returns intrigued her greatly and as a result, […] The perfect strategy or holy grail that beginner traders in particular want to find does not really exist in forex. In the next part of our series on successful traders, we will look at two traders who have achieved exciting returns by trusting their strategy. The link is below. 1 EA since the first of August and I publish my results in the FTMO topic area of the forum. Nov 7, 2023 · – Petko does not have a public demo account. The strategy has literally 8 steps in itself, I got it off a well regarded trading channel. Start with a demo account to practice your strategy and fine-tune it before risking real money. You don't get his logic, because you apply the same rules to a private account. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. Do I take responsibility for using it correctly? 100%. note: Weekend trading hours on Cryptocurrencies may vary on each platform due to weekly scheduled maintenance times. However, in rare cases, it can happen that an incorrectly chosen strategy is behind the losses. It has been very productive. 1600$ 5. Nov 5, 2023 · As for FTMO, I really wouldn’t worry about making the robots unique there either. comLousiana-based swing trader Marcus sticks to price action bas Step 1 – FTMO Challenge. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. They need to make 10% in one month with 1-2 max 5% losses. com, a trading forum run by professional traders. Apr 4, 2023 · I need multiple ftmo set files which will pass the challenge in 28 days consistently. You can also view the available symbols on this link. It can be caused by unsuitable conditions in the markets or poor mental attitude of the trader. Of all the prop firms, FTMO is slightly better, since they don't put a cap on the maximum trades we can open, offer a 1:100 leverage, allows hedging and any strategy we like. 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. But how can you be certain that your strategy will work in the long run? The truth is that you can never know 100% as markets are ever-changing organisms. This deep dive allowed me to truly understand its movements, giving me more freedom to focus on my main career in penetration testing. I broadcast my FTMO challenge on Twitch, every Monday (2pm, GMT), Wednesday and Friday (4pm, GMT). This leaderboard isn't just about Jun 7, 2022 · Hello Traders!In this video i will show you the most simple strategy to pass the ftmo challenge. Trader Daniel: "Get a strategy that works for you and take your trades. As of two weeks ago the account was up 6%. Check the full statistics for all trades in the challenge. Tem de demonstrar a sua experiência, cumprindo as Regras de Perdas Máximas e obtendo os lucros simulados necessários de 10% do saldo inicial. Although the journey to reach this point may present challenges, their educational Apr 10, 2024 · The FTMO Challenge Strategy is a critical component of the overall evaluation process for traders participating in the FTMO Challenge. The numbers are just an approximation leaning towards conservative side. How do you deal with such a situation? Even the best […] 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. Vis It is much more important to stick to a solid trading plan and strategy, and then consistency of results, which can be the right way to achieve regular returns over the long term. 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. In our new series of articles, we have a look at the strategies of our most successful FTMO Traders who have made interesting profits on FTMO Account or are able to deliver consistent results. Opening range breakout is one such approach. 1 and must be installed on MetaTrader in the M5 chart. Traders then underestimate the risks associated with trading in the pursuit of quick profits, trying to trade with the crowd instead of following their strategy, and are permanently at a loss. Join our VIP Telegram 📈 - https://t. You can find the time table on my Twitch channel. Test it out first for a few days before trading with a real account. So instead of risking 1% per trade, he can now risk 0. There are different types of drawdowns and we’ll cover everything in this article. Forex, Crypto, Stocks, etc. 1% with FTMO and +4. comMeet Daisy, our FTMO Trader from Nairobi, Kenya, who has 4 years of tra 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. 1 robots: I started demo trading the FTMO v5. My Strategy I have been demo testing all the default strategies for the past month and a half. If you have confidence in your strategy and can weather periods of significant losses, you have practically won in Forex trading. I wanted to share a few game-changing tips that helped me conquer the FTMO challenge. Our FTMO Challenge is the first step of our Evaluation Process. Unlike the previous case, where the trader had a near perfect balance curve and was a little short of 100% successful trades, today's trader is a slightly different case. Weekly open trading strategy A lot of traders spend their weekends doing market analysis, and they often come up with different ideas and price predictions for an upcoming trading week. 1 robots on a FREE 200K FTMO demo account on December 21st. To get a good idea how the EA’s will perform backtesting should be over a period of at least one month. If you are bullish or bearish on any given instrument, price rarely goes up or down in a straight line. vux ltaumej bnsm pjbem vijausp rpe mcerv vctgu bojzyz ypugfisl