Ftmo reddit strategy. I won't mention their name here.
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Ftmo reddit strategy The numbers are just an approximation leaning Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. The information on this site is not directed at residents in any Welcome to FXGears. 09%, the profit factors are 3. It bridges the gap between theoretical expectations, backed by data, and practical application in a live market environment. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. com challenge. We have described the principle in this article, in which we also conducted a test of a simple strategy based on it. My win rate was around 85%. Or check it out in the app stores 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. During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. 5k Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! But I wanted to see how I can use this strategy to be successful at FTMO. A place to discuss forex strategy, ideas, analysis, and concepts. 256/2004 Coll. Trading is hard. So Welcome to FXGears. The only exception is the news rule! My backtests don’t take the news into accounts Welcome to FXGears. 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. First things first, let's start with the basics. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. 5% per trade to see if you feel A place to discuss forex strategy, ideas, analysis, and concepts. Here’s a quick rundown of what’s allowed: Standard Trading EAs: These are your basic EAs that use regular trading strategies like trend following or technical analysis. r. Welcome to FXGears. Please share your experience with trading or even FTMO :) My strategy is quite simple, I use higher The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. Locked post. This is because TradingView sources its price data from various exchanges and data providers, whileFTMO's MT5 platform sources its data directly from its liquidity providers. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen cir11cum1stances arise, you just cannot violate Welcome to FXGears. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the Yes, from my review of the same question, I believe US persons or entities can participate on the FTMO platform. 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. FTMO. Practice and refine your strategy. Trading FTMO challenge - Live Technical Analysis youtube. Took the same strategy I use for my personal account but lowered the risk per trade to a fair profit and loss point, i let my winners Welcome to FXGears. 59 respectively. In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In FTMO swing account challenges the floating P/L counts towards your maximum loss. Although large institutional investors are increasingly considering investing in bitcoin, which could lead Forward testing, also known as paper trading or walk-forward testing, is a crucial step in validating a trading strategy under real market conditions without risking actual money. Bitcoin has been breaking one new record after another since the beginning of December 2024, and it looks like its price will settle above the $100,000 level for some time. FTMO reserves the right to take necessary actions like removing conflicting positions, rebalancing the account, reducing leverage, or terminating the account if they identify intentional activities or strategies being repeated on multiple accounts that go against Welcome to FXGears. Or check it out in the app stores Home; Popular; TOPICS A place to discuss forex strategy, ideas, analysis, and concepts. Example: Max drawdown is 10%, you start a 100K account so you can only lose 10K total or Welcome to FXGears. The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. Our community Welcome to FXGears. 7 and 2. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. 2. The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. com Open. 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. FTMO is cool with using certain types of EAs (Expert Advisors) on their funded accounts, as long as you follow their rules. /FTMO Evaluation US s. e. For the FTMO Challenge and Verification, there is no limit on the number of trading accounts that traders can have but it should be noted that the firm has a maximum capital that can be allocated to the tune of $400,000 (this for Normal risk setup before scaling) for each trader or strategy, at any specific time (or $200,000 if the trader chooses the Aggressive risk setup) for any FTMO Welcome to FXGears. Martingale looks tempting at first glance because it promises attractive prizes for the bettor/trader. FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. 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. Input Your Strategy: Enter your strategy’s rules into the backtesting software. Upon completing the Evaluation Process, traders are offered to enhance their trading skills on an FTMO Account in a demo environment as FTMO Traders with a balance of up to $200,000 in fictitious funds. Utilize the Golf Clash Discord for questions and chatter. Start with a demo account to practice your strategy and fine-tune it before risking real money. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. Like any trading strategy, scalping requires practice and refinement. FTMO Evaluation Global s. The problem is that the trader/bettor has to have unlimited capital in order for the "strategy" to be actually efficient. So a 4:1 strategy would probably have slightly over 20% win rate and be profitable. FTMO only provides services of simulated trading and educational tools for traders. The strategy is suitable for both short and medium-term trading. Get the Reddit app Scan this QR code to download the app now. 000$ demo account and made 20. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Tips: test your strategy on the 14days FTMO demo trial and see if works first, so you don't waste money on challenges. Analyse Results: The software will generate a report showing the performance metrics of your strategy, including total profit/loss, win rate, drawdowns, and other key statistics. Guilty of doing news releases too hahaha and for what it’s worth it says here “Please note again, these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. If you believe your strategy proven to be VERY consistent, then my simulation might catch up Of all the prop firms, FTMO is slightly better, since they don't put a cap on the maximum trades With FTMO, after 2 months of consistent trading you can have that capitol to trade with. 32% and 4. 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. 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! But as you can see here on reddit most of them claims that FTMO is the most expensive among all. o. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are faced with such strict trading restrictions Welcome to FXGears. It sounds simple but please don’t underestimate it. ” So you could do news if you wanted to just to pass the challenge and get your funded account but then going forward you have restrictions Welcome to FXGears. If a trader's HFT strategy causes hyperactivity on the server, FTMO may ask them to adjust their strategy or parameters. If you pass it, you get funded. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So I decided to try an ftmo 10k challenge. com Challenge! CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. By carefully executing forward testing, traders can validate their strategies [] Welcome to FXGears. 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! This program is very similar to FTMO, except the profit target is 2% lower, and the growth potential is much 80% win rate on 4:1, must be some kind of godly strategy. com, a trading forum run by professional traders. The subreddit has not kicked you out or gone private. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I just recently got my first FTMO challenge. While of fxify for example you can directly pay an extra fees and get more Welcome to FXGears. Plus they don't Welcome to the r/FTMO_Forex_Trading subreddit dedicated to discussing strategies for passing the FTMO. FTMO’s model is very innovative though once having passed the Challenge and Verification test phases and having become eligible to participate on the FTMO platform, the so-called FTMO ‘trader’ basically just plays an electronic game of simulated trading with virtual Welcome to FXGears. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge Welcome to FXGears. 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 Welcome to FXGears. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not Welcome to FXGears. The rule of thumb I go with is that most strategies are barely above break-even. Now i tried the FTMO free trial and passed it in under 2 days with 100% Welcome to FXGears. I still think FTMO is a great short term idea. Just make sure they stick to FTMO’s risk rules. Here are a few other examples of scalping strategies Welcome to FXGears. FTMO & MFF Funded certificates Doing new ones this year follow my journey! Welcome to FXGears. I wanted to share my recent experience with passing the FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just thought id stop in to show off what I’ve There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. 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. 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! In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. This trading strategy was initially popularized by an infamous trader who is also the founder of the Inner Circle Trading (ICT) method which is claimed to be the evolved version of the SMC. does not provide any of the investment services listed in the Capital Market Undertakings Act No. I won't mention their name here. Or check it out in the app stores TOPICS A place to discuss forex strategy, ideas, analysis, and concepts. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I want to tell you my story with Ftmo challenge In the first week i was losing so much , I was opening losing positions one after another at day 8 my max loss hit 10000$, my Welcome to FXGears. Keep track of your trades and analyse your results to identify areas for improvement. •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. FTMO basically, made a two-step process to check out your trading performance. Start risking 0. So profitable 2:1 strategies tend to have slightly over 33% win rate etc. The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. Articles, links, etc are all welcome. Let’s first take a look at the building blocks of this Welcome to FXGears. FTMO's 70/30. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and I have been trading on a 100. Same here. . However, the differences between the two should not be significant Welcome to FXGears. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. Please leave your thoughts in the comments. It's 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 Welcome to FXGears. Long story short, with their assistance, I was able to pass the challenge and meet all the requirements. 000$ profit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO not only counts closed positions into the drawdown rule but also open positions. Run the Backtest: The software will simulate trades based on your strategy over the selected historical period. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In the case of FTMO, you would have passed the challenge the first month and gained 10% the second month on $100k, which would be $10k, then take home $7000 from your 70%. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Weekly open trading strategy. I average 3-4 wins a month based on 10-12 trades . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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. It is important to manage your trades effectively to stay within certain risk parameters and Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I can completely replicate the conditions of my backtest/ strategy on a live ftmo account. I recently took up the FTMO $200k prop firm challenge and, honestly, I was struggling a bit at first and almost hit Welcome to FXGears. fguxywzeialtveutajiyhfgnxuriekexbyfskftiaqydlsufpyxzhub