- Free ftmo success stories reddit. FTMO has won international awards from fucking DELOITTE for 3 or 4 years straight. But once you have the funded account, there's no reason to take any risk that will blow your account. are the people that pass your ftmo challenge legit? : r/Forex 49 votes, 54 comments. How about a Free Trial? It's advised to risk 1% of your account per trade, 2% if you wanna be more aggressive (this is not recommended for strategies that use low win rate/high reward since the drawdown would be much deeper) so this means that you need to lose 100 trade to lose your account or 50 if you pick 2%. That's true. com - Trustpilot Posted by u/Free_Capital_3982 - 59 votes and no comments This past 30 days I tried my 3rd FTMO challenge of the year after starting forex back in April and I just passed the 2nd stage verification. com FTMO shares plenty of success video stories where its prop traders participate in 30-minute interviews, confirming FTMO pays its prop traders. For FTMO, the two trials involve more luck that normal trading due to the time constraint. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). A place for those that suffer to gather and share their stories. 3. For me ftmo is not the right firm, it has some huge rules in my opinion. So I'd open a demo account and trade ideas for a while. 8 - Win rate of 55-60%. You have to be profitable to be able to make money on their 42 votes, 37 comments. I’ve been full time since 2007 and have never paid for trading instruction. Remember, in the market, perfection is elusive. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. Now we can trade through high impact news and hold runners over the weekend if we want. Swing traders can go through a multi-month drawdown even with a profitable strategy, b A Reddit Community run by MM community members for those that want to use, learn and understand more about how to heal chronic illnesses with Medical Medium information. If you cannot pass multiple times in a row, then prop firms are not for you. Apr 28, 2024 · Before we dive into the specifics of FTMO, it’s worth noting some impressive statistics that the platform proudly displays on its website. FTMO is a prop firm where you can get a funded account to trade. 267--> 3. Not here to brag, so hope it doesn't come off that way. You'll inspire your neighbors and family, help your community, and create a positive legacy. 1%-0. These 2 companies seem to be the best options for the way I trade. I have been trading since 2020… Posted by u/[Deleted Account] - 22 votes and 17 comments Hey r/forex, so wanted to share one of my challenges here I just recently did between April and May. FTMO | The Modern Prop Trading Firm since 2015 Tried Topstep and failed miserable for 2 years. (Just gotta wait 5 more days to complete the 10 day requirement) I’m so excited to start. See full list on ftmo. Dont break the bank for forex and stock trading courses. I'm a little biased though because I also trade bitcoin in addition to forex and the MFF's crypto spreads are horrendously garbage imo. For prop firms, these simulated markets serve as training grounds where aspiring traders can showcase their skills and potential profitability Please leave your thoughts in the comments. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. professionalism ,longevity of FTMO. true. com's Reddit Forex Trading Community! Here you can converse about… We would like to show you a description here but the site won’t allow us. I took a 2. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. FTMO has a multitude of success stories and testimonials from traders who have passed the Challenge and Verification stages and are now trading with FTMO’s funded accounts. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. com. Crowdfunding is the new norm to download the most popular courses on social media for a… FTMO | Modern Forex Prop Trading Firm & Funding Challenge 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. Savings: Get a 10% discount on all future FTMO purchases. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. But since then I’ve also been attempting FTMO’s free trial challenges that mimic the real thing, I failed the first 2 times, passed the 3rd time, got a repeat and passed on the 4th time and am set to pass the 5th one (hopefully). Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. is FTMO legit & reliable? if yes, then do you think it's worth Sorry OP but that's a dumb question. 3200$ Hello, good day everyone. FTMO is legit, and I assume they have a lot of very successful traders. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. 377K subscribers in the Forex community. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. Free Challenge: Earn a free FTMO challenge at the same size as your current account. Should I Aug 12, 2023 · In this comprehensive FTMO review, we explore how FTMO provides funded trading accounts, evaluate traders' performance, offer support and education, and showcase success stories. On the paper, gaining 10% and 5% in 2 months in a row is tough job. Getting fucked on market orders hard. If you pass it, you get funded. Don't give them your fucking life story on how you trade SMC either. Ftmo looks to be the best fit for me. ¿QUÉ NO ME GUSTA DE FTMO? Los objetivos de ganancias del 10%. Spread on limit orders is also rediculous. the split is about 80/20 i think? but you have a pass a test to show you can trade well enough to grow an account without losing more than a percentage of the account. Reply reply. Today, I started the Phase 1 of these 3 FTMO challenges; ONE 100k and TWO 200k. One piece of advice for people starting the FTMO Challenge now. That’s the plan. IMO don’t pay for courses bc there’s enough free info out there. Relying on the fact that we will achieve 100% success in trading is not a good idea. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free challenge attempt as long as you adhered to the other conditions and closed with a profit. 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? These platforms provide access to live market data, enabling traders to practice their strategies, test new methods, or familiarize themselves with trading tools and platforms in a risk-free setting. Daytrading futures, forex, stocks, etc. SUCCESS STORY 2. If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". The real question is do YOU have a consistent and profitable method? That is the real question. Deloitte doesn't hand that shit out like candy because their own brand's credibility is on the line when they do. Just wanted to drop some of my experience in case it helps some of you newer traders out there. Frigging hell you're starting a lot of shit over a mis-understanding/language barrier. as long as you don't resort to shady practises and align your trading style with them , you are good to go. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. com's Reddit Forex Trading Community! Here you can converse about… Don’t take another challenge until you pass the free FTMO demo challenge again and again. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. Mira los últimos precios aquí: https://ftmo. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. Congratulations! You’ve hit more than the target profit in 2 days and with only 7 trades! Great feat! Shows that waiting for your perfect setup and being disciplined while waiting is the key. Despite which of those options you pick FTMO will take 30% of your earnings. 84 votes, 55 comments. Any help is greatly appreciated! When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Right now I’m focusing on FTMO and The 5%ers. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. 5-1. For swing traders, it's a great improvement too once they actually get the funded account. Anyone doing ftmo you would hope would use technical and fundamental analysis too and the more of these they use the more success they will have so that will put them above 50% success rate. Discover the pros, cons, and real-life experiences of traders who have used FTMO's services. FTMO no es una típica firma de apoyo. Trader Verniel becoming FTMO […] I've done challenges on both and I personally prefer FTMO. Seven people I know passed their ftmo last week and their trading days are under 10 so they have to place minimal trades just to hit thay objective now. Or maybe you have a success story you’d like to share. with FTMO you can get a practise account and test fills , spreads for 14 days. I mention all the other stuff, because there's a lot of people out there who think that just getting a funded account will solve all their problems, and I want to make it very clear that it will not. 32 GPA 500 MCAT ADMITTED DO! Aug 12, 2023 · Success Stories and Testimonials. Passed FTMO 10k account challenge with strict risk management and 20 trading days Prop Firms I failed my first 5ers challenge with poor risk management because my strategy works for my personal accounts. Quadrio offices Purkynova 2121/3 Why FTMO funded account trial is a dangerous trap for you. Amazing story! Very happy for you guys, It's crazy because all of the debt-free stories I read/hear, make me more hopeful about the selfLESSness of humanity. My man, the fact that you passed the challenge does not mean you'll mean a shitload of money with them UNLESS the strategy you used to pass the challenge is sustainable and returns CONSISTENT profits over a relatively long period of time. once you pass they give you the acct, and from then you grow the account and get paid from it Welcome to FXGears. Seriously this dude is a wealth of free knowledge. Be patient, manage risk, nobody is pointing a gun at you, If you end up not making the profit target it's perfectly fine, you will try the next month for free. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. You don't get his logic, because you apply the same rules to a private account. Another point to note is that trading with own money is always better and profitable in long term. The 5%ers takes a bigger cut but is more rewarding long term. Technically can i have 2×10k accounts 1×25k accounts 1×50k accounts 1×100k accounts 1×200k accounts Which amounts to a total of $395,000. You can lose 10% on FTMO with 10% target, so you have to double your account. 343K subscribers in the Forex community. Welcome to r/After_JEE: College Counseling & Post-JEE Struggles! We support students with advice on college counseling, overcoming post-JEE challenges, sharing success stories, providing useful resources, offering career guidance, and building a supportive community. But for the challenge, they're faced with the same problem as before. FTMO does have some downsides though the biggest being the news restrictions. Aug 12, 2023 · Success stories and testimonials. Im not sure about lets say total account sizes of $395,000. Tonnes of trading. I wanted to ask you all how many times you recommended passing the free trial before actually buying the real thing. Kinda hard to draw on MT4. After having the funded account you don’t have any monthly profit target. In the next part of the series about successful FTMO Traders, we will have a look at a trader who managed to do what every forex trader hopes for. Guys you have unlimited free tries while during the challenge to pass it if you don’t break the rules but don’t achieve the profit target 10%. Welcome to /r/Netherlands! Only English should be used for posts and comments. They would promise to fund your trading account with any of their chosen brokers (mostly small brokers located in Cyprus), for up to 100 thousand dollars leverage, but only if you first pay them a certain amount of money in advance for a demo. Tressless (*tress·less*, without hair) is the most popular community for males and females coping with hair loss. 400$ 3. Hello, I am new, I am trying the free trial on FTMO. com, a trading forum run by professional traders. 800$ 4. John, a trader from Australia, states: “FTMO has been a game-changer for me. Read: you guys becoming debt free will inevitably make the world a better place to be. 58 votes, 46 comments. Where can I find… Seeing a lot of videos lately of people passing FTMO challenges on Youtube. No hay muchas firmas de apoyo que ofrezcan coaching de trading y oportunidades laborales reales como lo hace FTMO. IMO, MFF only beats FTMO with better evaluation requirements. It's a huge improvement for day traders at least. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. com's Reddit Forex Trading Community! Here you can converse about… We paid out more than $190,000,000 to FTMO Traders and sent these payouts to more than 180 states. It sounds simple but please don’t underestimate it. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. I found for me intraday is best, and I'll take multiple trades throughout the day. You have missed the point by so much that it is now in an entirely new universe. I try to set myself a target of 10-12% per month. there are 50 prop firms operating as of now , but no firm can match track record . Doing some recovery also, almost all are back to starting balance or in profits. Same here. 4% per day on a $50,000 Account) you would be withdrawing $500 minimum by the end of week one or week two completely regaining your ROI on the Account and then some. Even on Gold I notice there spreads can get a little high. Multiple passes in a row. 1600$ 5. When considering your risk you need to use the maximum drawdown amount, not the total account size. There is a reason why phase 2 have longer time to pass and less profit target to achieve, because the company knows lots of people get lucky on the phase 1 and they want to challenge trader’s consistency. The problem is it adds up tons of taxes on your final gains (30% tax, 20% Urssaf as "Prestation de services, and your usual FTMO commission). 1M subscribers in the Daytrading community. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. Why are the Ftmo spreads so big? : r/Forex 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. FTMO has 5 stars! Check out what 13,380 people have written so far, and share your own experience. MFF and especially FTMO are golden. Read Customer Service Reviews of ftmo. Welcome to FXGears. The research i came up with states that you should have a micro company in France. I can demo trade just fine, I passed 3 ftmo trials one after the other. Feel free to discuss remedies, research, technologies, hair transplants, hair systems, living with hair loss, cosmetic concealments, whether to "take the plunge" and shave your head, and how your treatment progress or shaved head or hairstyle looks. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. Adam Grimes. I’m not sure ftmo suits low time scale scalping. If I do the FTMO challenge it will be for the $200,000 and if it’s the 5%ers it will be the $100,000 account. One trader, Mark S. Here, we share a few success stories and testimonials that highlight traders’ experiences with FTMO. You need a solid strategy, discipline and dedication. FTMO Challenge Free Trial . 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. visit… FTMO Free Trial Thanks for everyones help in finding a good prop firm. - To be with other like-minded forex traders. . Join us for growth and connections! Hello Everyone, Hope you all are doing well. -Share FUNNY Trading A journey to receive the FTMO intial balance is not always easy. Just a heads up in case anyone was looking at doing the challenges. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. These statistics serve as a testament to FTMO’s credibility and success: $167M+ Paid Out to FTMO Traders: This figure highlights the substantial profits that traders have earned through the FTMO platform Same thing happened with my first ftmo challenge, I was £700 in profit. Reaching a trading success rate of over 90% is not something just anyone can achieve. it don't help you with nothing if Posted by u/_iron_wolf_1996 - 5 votes and 17 comments Hey since the max allocation is 400k for FTMO. If you are a real profitable trader you shouldn’t have any problem following FTMO rules. 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. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. Is FTMO trustable? FTMO ranks among the most trusted and transparent prop trading firms. Parece que realmente se preocupan por ayudar a sus traders a mejorar aún más. Who can be better to provide good advice than those who passed our evaluation course? Check out the interviews with our new FTMO Traders and be motivated by their success stories. 00 lot trade and that started the losing streak. 5k Welcome to FXGears. Keep trading sharp! Hello OP, im on my way to becoming funded as well. FTMO has a dashboard that lists the times that the news will be released. I’d like to know what you guys think of it. How to start? Mate, if you re-read my response, you'll see I covered your exact position as probably the only reason anyone would use this service. FTMO or any Forex funded account for that matter, is not worth your time and doesn't make you any money in long-term. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. FTMO basically, made a two-step process to check out your trading performance. We are a non-judgmental place of compassion and light-heartedness. Trading is hard. After 5 winning days of $200 each day (Only 0. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. 12 votes, 82 comments. But I cant find FTMO chart of EU on trading view. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. Thank you for the feedback I will definitely have a look at his YouTube channel and I do already know some of the basics on supply and demand , I have been watching another channel called Dave teaches and although his videos are long his strategy he uses look so simple and he trades with supply and demand as well as mitigation and imbalance on the 1m and 15m and from what I have seen from his Additionally, you need close any open positions on the pair it'll effect . Over the years, FTMO has helped numerous traders realize their potential and achieve significant milestones in their trading careers. FTMO is a company based in the Czech Republic. I still think FTMO is a great short term idea. We have a collection of the most popular trading courses used to pass FTMO, myforexfund MFF, the funded traders and other prop firms. All the best for you tho. If you usually make 10% in some days as gamblers do, yea then it is worth it, but if you take trading like a business and professionally then is not worth it. Feel free to ask me any question! Reddit's home for wholesome discussion related to pre-medical studies. Doing well maxed my funding on FTMO, I see that as a bank now lmao, currently doing the prop firm challenge and using a trade copier to mirror my entries onto my ftmo accounts, and US30 only I made the switch to this around 6 months ago FTMO without second thought. A quick reminder Doctor takes 7 years of school + training + license Pilot takes 3 years of school + training time + license Trading is Job you need to invest a lot of time into just as in any other Job. We would like to show you a description here but the site won’t allow us. , shares his journey with FTMO, highlighting the excellent support and invaluable tools provided. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. And his book, while not free, is one of the best resources you can get your hands on. yea most of the people go there because they see 80% profit split and they are like: woaabut you have to think on long term. vtp ghwrfe yapqo wohuk eunam rvbx btxuge jloqi maepw rbjbl