The 3 Reasons Why Forex Traders FAIL | FTMO

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 66

  • @Max-ot8vy
    @Max-ot8vy 4 роки тому +52

    The most crucial is patience in my opinion.

    • @FTMOcom
      @FTMOcom  4 роки тому +1

      We agree that patience is very important so you can be in for the long run.

    • @kylel8605
      @kylel8605 3 роки тому +1

      Patience is everything and with capital, FTMO sets unrealistic rules. If you can pass the test, you deserve more than 70% of your earnings even with triple that as capital. These guys make fee money hand over fist. They can afford to hand it out. They can afford to offer the test for free at a paid retest. But to put out even 500;I don't care if my capital is 1B; and have a risk of losing it because of FTMO not liking my risk level, is ridiculous. If you can grow the account 50% in two days, floating loss is irrelevant since you clearly calculated your win

    • @lombardo141
      @lombardo141 3 роки тому

      @@kylel8605 they are giving traders the opportunity of a lifetime. The rules were set ahead of time. It’s their rules so it’s up to to you to join them in the first place.

    • @kylel8605
      @kylel8605 3 роки тому

      @@lombardo141 🤣🤣🤣🤣 Sure. "Traders" are people that would rather gamble than work.

    • @lombardo141
      @lombardo141 3 роки тому

      @@kylel8605 anyways no one forced them to do it. Their problem not mine. 🤷‍♂️

  • @Kaleb_with_A_K
    @Kaleb_with_A_K 4 роки тому +18

    Working on my 10k account.. this is a very awesome opportunity for me..

  • @nationhlohlomi9333
    @nationhlohlomi9333 3 роки тому +3

    Awesome opportunity especially for people with small accounts. Real talk right here.

  • @Obinwa
    @Obinwa 4 роки тому +19

    For me the list goes this way: Inadequate knowledge, poor risk management and poor trading psychology.. These are the three hardest to overcome to become consistently profitable.

    • @lamborfini
      @lamborfini 4 роки тому +4

      calculate ur risk per trade with a calculator, change ur trading type and go on babypips... all problems solved!

    • @peekay5482
      @peekay5482 4 роки тому +1

      Yesss

  • @limplimbo2148
    @limplimbo2148 4 роки тому +2

    I am a statistic of whom failed. Gonna to back to the lab, study up and give a go again whenever I feel it’s time. Look forward to the opportunity to “apply” with y’all again, truly love the idea y’all have and can’t wait until it’s my time.

  • @greedmarks7478
    @greedmarks7478 4 роки тому +3

    This video really covers my own case. This is one of the reasons I decided to get more interest in FTMO - will see what happens in upcoming months .
    Great work with videos. Well done.

  • @aussiejetjock
    @aussiejetjock 4 роки тому +3

    Loving how you guys have the practice available. I'm on my third try. As Max says below, patience is key.....we get paid to wait. Looking forward to having a go for real when I think I'm ready

    • @tobias891
      @tobias891 4 роки тому

      You know, that the most broker offer a demo account for testing the strategy?

  • @frankphiri2666
    @frankphiri2666 4 роки тому +4

    so new to the company just applied for a challenge looking forward to achieving it

    • @FTMOcom
      @FTMOcom  4 роки тому

      Hello Frank,
      We wish you good luck! Please make sure to read through all our Trading Objectives carefully so you understand how our rules work ftmo.com/en/welcome/#maximum-daily-loss. If you have any questions, contact us at support@ftmo.com

    • @frankphiri2666
      @frankphiri2666 4 роки тому

      @@FTMOcom THANKS

  • @halfdose1337
    @halfdose1337 4 роки тому +2

    Please allow holding of positions over the weekend for Forex swing traders. I love your firm because you have ctrader but that weekend rule is sadly a deal breaker since it doesn't give swing traders enough time for potentially great positions to mature.

    • @FTMOcom
      @FTMOcom  4 роки тому +4

      Unfortunately, we can not offer a solution for this, since we have to avoid potential gaps in the market. Please understand that if we were to allow holding a position over a time period when there is no liquidity, some traders could choose to open very high volume before the market closes which could result in crossing even the Max Loss limit.

  • @Live4beatss
    @Live4beatss 3 роки тому

    Its all about discipline

  • @Javlonbek_S
    @Javlonbek_S 2 роки тому +1

    I thought, why does he need a beard, it turns out he is wise. Thank you.

  • @Alexselfmade
    @Alexselfmade 3 роки тому

    great insight thanks

  • @dominic2446
    @dominic2446 3 роки тому

    1:49 the profit is not $2853, but $3138-$1000.

  • @seyiissacoyetan2765
    @seyiissacoyetan2765 4 роки тому

    When you become a Funded Trader will the profit target still be 10% a month?

    • @FTMOcom
      @FTMOcom  4 роки тому +8

      Hello Seyi,
      As we think that managing large live account can be stresfull enough by itself, we completely remove the Profit Target Objective once you are an FTMO trader.

    • @fredthomas1187
      @fredthomas1187 3 роки тому

      Do earn profits during the challenge

  • @MEADOWMAESTRO
    @MEADOWMAESTRO 4 роки тому +1

    I so much love this system

  • @rages3401
    @rages3401 4 роки тому

    Can someone who is a full FTMO trader answer my question? Does the max daily loss reset Daily or just keeps adding on throughout the challenge

    • @shelg.9784
      @shelg.9784 4 роки тому

      Max daily loss resets each day. Total loss doesn't.

    • @FTMOcom
      @FTMOcom  4 роки тому

      Hello Rages,
      It resets daily at midnight CEST.
      Please read through our Trading Objectives carefully so you have a full understanding of our rules.
      ftmo.com/en/welcome/#maximum-daily-loss
      Thank you.

    • @rages3401
      @rages3401 4 роки тому

      FTMO Funding For Serious Traders also how much free trials can someone get?

    • @skyscout3
      @skyscout3 3 роки тому

      @@rages3401 infinite but one by one

    • @Trayg720
      @Trayg720 3 роки тому +1

      @@FTMOcom what is the total maximum loss he's talking about ? is that including the final balance & equity of the account ? which means it can't reset but if you gain more wins it can change right ?? im looking at people's pictures of them passing n their total maximum loss was either lower than their daily loss or higher .

  • @pacho.9964
    @pacho.9964 4 роки тому

    Is the ftmo challenge with a demo or a live accounnt?

    • @FTMOcom
      @FTMOcom  4 роки тому +1

      Hello Pach,
      All our clients' accounts are demo accounts. Once in FTMO stage, your demo account is connected to our live master account and all positions are copied in real time to the live account, thus generating real profits/loses although still on demo.

  • @srigovic
    @srigovic 4 роки тому

    this is professionnel

  • @TheBNKT
    @TheBNKT 4 роки тому

    If you don't pass the Step 1 challenge you lose the money and need to pay again to take challenge over ?

    • @FTMOcom
      @FTMOcom  4 роки тому +2

      Hello TheBNKT,
      There are 2 ways not to pass the Challenge.
      If you fail only the Profit Target Trading Objective (while passing all other Trading Objectives) and at the same time, your Challenge ends in some profit, we will offer you a free repeat of your Challenge.
      If you fail any other Trading Objective or your Challenge ends in a loss, you lose the fee and would have to pay again to retake the Challenge.

  • @smugz1219
    @smugz1219 4 роки тому

    i have signed up but have not receive the email for login details, is that sent right away or no?

    • @FTMOcom
      @FTMOcom  4 роки тому

      it is not sent immediately, but very soon. We assume you have already received them, so good luck with your account!

  • @jaysonNillo
    @jaysonNillo 4 роки тому

    I see a video make by Blake hit his stop loss.can you Make a video 4 that! Thanks.

  • @kedmoh5603
    @kedmoh5603 3 роки тому

    I am from somalia is your company working with our people?

    • @FTMOcom
      @FTMOcom  3 роки тому +1

      Hi Ked Moh,
      We are a global company that operates around the world. So please, kindly contact our FTMO Support Team, and they will kindly resolve anything you need to know.
      Thank you for your question and do not hesitate to contact us again.
      Best regards
      Best regards

  • @SumaSuma-wl6tk
    @SumaSuma-wl6tk 4 роки тому +3

    Thank you for video. I am from Egypt and i get my funded account with you. Thank you ftmo ..

    • @hachmaouiassel970
      @hachmaouiassel970 4 роки тому

      ممكن نتكلم واتس او انستغرام، انا ايضا عازم ادخل معاهم ان شاءالله

    • @FTMOcom
      @FTMOcom  4 роки тому

      Hello Suma,
      We wish you the best of luck with your trades!

    • @SumaSuma-wl6tk
      @SumaSuma-wl6tk 4 роки тому

      @@hachmaouiassel970 دور على الفيسبوك باسمى .. jscave

  •  4 роки тому

    i'm facing under capital issue.

    • @FTMOcom
      @FTMOcom  4 роки тому +2

      Hello Muhammad,
      In that case, our product is perfect for you as you can get to trade a lot of capital for just a fraction of the price.

  • @Futurex-Forex
    @Futurex-Forex 4 роки тому

    SHOW

  • @ahmedanwar9820
    @ahmedanwar9820 4 роки тому

    I dont have mony because idont 155€ on my mestercard

  • @livegoldxauusdsignal7260
    @livegoldxauusdsignal7260 4 роки тому

    I m very happy i find great Technical analyse chart so lets start buddies thanks u buddies

  • @kylel8605
    @kylel8605 3 роки тому

    Hipster beards aren't acceptable either.