Ftmo reddit strategy The basic idea is that after each loss, the trader/bettor doubles his stake. Hey everyone, I've recently got into ftmo, and on my first try, I passed the stage 1 of ftmo, onto stage 2,its a different story, I've been quite unlucky, ad after a series of trades I'm now down 9. If i was an investor and the trader will have a big drawdown on my 100k investment is a very questionable. 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. 32% and 4. Here are a few other examples of scalping strategies Welcome to FXGears. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. By carefully executing forward testing, traders can validate their strategies […] Welcome to FXGears. Keep track of your trades and analyse your results to identify areas for improvement. If you are bullish or bearish on any given instrument, price rarely goes up or down in a straight line. Remember, passing the FTMO Challenge requires a combination of skill, discipline, and patience. It bridges the gap between theoretical expectations, backed by data, and practical application in a live market environment. Depending on where you are you could also have a look at Darwinex and DarwinexZero as they are a great alternative to FTMO Welcome to FXGears. Welcome to FXGears. Same here. 2. Practice and refine your strategy. Important parts include profit targets, loss limits, and trading days to check consistency and risk handling. But I wanted to see how I can use this strategy to be successful at FTMO. 1% with FTMO and +4. 1 robots on a FREE 200K FTMO demo account on December 21st. A strategy should outline specific methods and rules for: Entry: What signals will trigger the entry of a trade (e. You just need to dig more and find more strategy in money management. this is just my opinion. Just make sure they stick to FTMO’s risk rules. Nov 18, 2023 · The following is my strategy on how I plan to trade Petkos’ FTMO V5. Evaluation requires 18% : 32-18 = 14% We start at 250K, each splits require 5% profits. 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. And yea i agree maybe needs more time dpends on the strategy. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. 4% because our total max loss is 4% and we have a good risk management. We have described the principle in this article, in which we also conducted a test of a simple strategy based on it. Having a clear, well-defined strategy is essential for success. Requires experience with multiple indicators at once. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per FTMO's email). Welcome to the r/FTMO_Forex_Trading subreddit dedicated to discussing strategies for passing the FTMO. Martingale looks tempting at first glance because it promises attractive prizes for the bettor/trader. I have provided FTMO: my full name and address, account #, SWIFT code Engage with other traders in the FTMO community or trading forums. Please share your experience with trading or even FTMO :) My strategy is quite simple, I use higher timeframe bias to confirm direction, trendline, counter trendline, and s/r levels. I went to my bank and they told me that they have no information to give since they're not the senders. 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: I started demo trading the FTMO v5. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to… Disadvantages of the strategy. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs A place to discuss forex strategy, ideas, analysis, and concepts. Then once funded our strategy would have made 32% in 1 year. -Share FUNNY Trading Welcome to FXGears. Now Bootcamp. 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 funds If a trader's HFT strategy causes hyperactivity on the server, FTMO may ask them to adjust their strategy or parameters. 5k 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. Like any trading strategy, scalping requires practice and refinement. Yes, from my review of the same question, I believe US persons or entities can participate on the FTMO platform. Profit Target Requirements. 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. 09%, the profit factors are 3. what are your thoughts about FTMO challenge Second question is I have a startegy that is 35-40 percent winner based on backtesting. 59 respectively. Articles, links, etc are all welcome. - To be with other like-minded forex traders. I wouldnt let FTMO handle my investment. Run the Backtest: The software will simulate trades based on your strategy over the selected historical period. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. I saw some doable money management. 339 subscribers in the marketscreen community. Analyse Results: The software will generate a report showing the performance metrics of your strategy, including total profit/loss, win rate, drawdowns FTMO is cool with using certain types of EAs (Expert Advisors) on their funded accounts, as long as you follow their rules. Like any strategy, this three-phase strategy may not fit every type of trader. The FTMO rules are key for traders in the challenge. Hello folks. Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. Risk/reward ratio is 1-3. Start with a demo account to practice your strategy and fine-tune it before risking real money. This makes me profitable. 6% and I've almost failed the challenge, I'm not sure how to get out of this but I might need some advice, do I carry on with my strategy and hopefully get 2 wins in a row or do I risk it all with Welcome to FXGears. com challenge. A place to discuss forex strategy, ideas, analysis, and concepts. g. 7 and 2. 331K subscribers in the Forex community. To make the most of your time, it’s advisable to first define your strategy conceptually and then examine around 20 instances on the charts that would have triggered a trading opportunity. 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. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs, etc. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. Seeing as you're betting against the market as a whole, you're not going to outlast them in the long run because they will always be able to front more capital whereas you won't. 5% with the 5%ers, all due to the spreads. 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 Welcome to FXGears. , a moving average crossover or price hitting a key level)? Exit: When and how to exit the trade, including stop-loss orders and profit-taking strategies. 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 is not a typical disadvantage, but the strategy may not be suitable for less experienced traders. Input Your Strategy: Enter your strategy’s rules into the backtesting software. com's Reddit Forex Trading Community! Here you can converse… Welcome to FXGears. com We have described the principle in this article, in which we also conducted a test of a simple strategy based on it. 242 votes, 229 comments. I still think FTMO is a great short term idea. Please leave your thoughts in the comments. FTMO. Overall for signals and strategy I use Oanda data as I trade that in parallel with my current strategy. The following are the results so far. Trading is hard. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. If having a strategy that made 80% annualy by risking 1% per trades, then by reducing our risk to 0. For example, if a roulette player bets $10 on one colour and wins, his net profit will be $10 (deposit $10, win $20). See full list on ftmo. They help traders do well in the evaluation. FTMO rules say traders must make a certain profit in the evaluation phase. For a $100,000 account, the goal is Welcome to FXGears. FTMO uses their own data and you will have to get details from the account and connect via the MetaTrader Apps. I enter on the 15m. In the long run if you did this strategy continuously, it would have to end in either you losing all your money, or your counterparty losing all their money to you. FTMO & MFF Funded certificates Doing new ones this year follow my journey! Welcome to FXGears. Sharing experiences, discussing strategies, and getting feedback can provide valuable insights and motivation. The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. This initial exploration helps you understand the key elements to include in your backtesting spreadsheet. 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. Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. First things first, let's start with the basics. FTMO is generally considered a trustworthy prop firm based on several factors: Long Track Record: Established in 2015, FTMO has a history of operating successfully and paying out traders. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. It sounds simple but please don’t underestimate it. If you pass it, you get funded. Quick question I had for you guys. FTMO basically, made a two-step process to check out your trading performance. com Challenge!. It may be less effective in long-term consolidations. The subreddit has not kicked you out or gone private. FTMO's 70/30. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. The problem is that the trader/bettor has to have unlimited capital in order for the "strategy" to be actually efficient. If you're here, chances are you're looking to join the ranks of professional traders and are looking for the best way to succeed in this challenging process. 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! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. com, a trading forum run by professional traders. 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. Utilize the Golf Clash Discord for questions and chatter. . com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. Positive Reviews: They have positive reviews on platforms like Trustpilot and Forex Peace Army. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. dglwkb wmm mpcvdgx xgzhfxd fuwd vlhk eez kamqzw wflplev dlbsv