FTMO is truly changing lives and allowing so many people to become full-time funded traders and ditching their depressing 9-5 jobs. What a time to be alive!!!!
Very nice to see you make video after a long time... great work guys... One day I want to be interviewed by FTMO ! That day will be the best day of my life!
I have a question, as part of the challenge, I choose $10K, $25K, etc. If I pass the challenge, does that mean you will start me with that amount from your side? Let me know, interested. Thanks.
if you are taking the challenge and you are a swing trader and you trade just twice and you reach your target is it necessary to still trade the other 8 days left to reach your target
Yea so just if u finish before a 10 day period open really really tiny positions on the remaining days so it counts and it won’t impact ur profit and loss cuz u can close out in a second
Yes, I believe you are required to trade for the minimum amount of days, which is usually 10 days. Once all the targets reached, you'll receive a message stating that your targets are reached and that you can wait
@@ogunsolaomotayo3162 thanks for the info! But doesn't that mean that a funded trader could lose 9% month after month, still keeping his account, while FTMO picks up the bill?? Doesn't sound feasible to me?
@@doggies.will.be.doggies there is an overall loss of -10% so if from the start of the acct the trader makes loses l, once it piles up to -10 he loses the acct
We want to also join but now i m improving my trading knowledge by free trial. All time we hit profit target but also hit daily losses. I cant understand how calculate ftmo daily loss.
Hi Syazrol Ashraaf, To meet this objective, you must trade for at least 10 days during the current duration cycle. At least one position must be opened in each of these days. A trading day is defined as a day when at least one trade is executed. If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day. Thank you for your question, and do not hesitate to contact us again.
Will we ever get free challenges opportunities? Not all traders come from the first world where you can get unlimited printed money. If the point of a prop firm is to look for traders why they wont give chances for free
Please Allow and Extend Either a Holidays Discount or a Free/Prepaid Challenge by FTMO to Any FTMO Dedicated Challenger who took more than 5 or 7 Challenges as a Way of Giving Back and Encouragement Not to Give Up ✌️
FTMO is truly changing lives and allowing so many people to become full-time funded traders and ditching their depressing 9-5 jobs. What a time to be alive!!!!
Thanks Simon, these videos always provide lots of tips to fine-tune ones trading behaviour.
Very nice to see you make video after a long time... great work guys... One day I want to be interviewed by FTMO ! That day will be the best day of my life!
@TFMO lol 😂
FTMO is the KING among other Funding prop firms!
I failed my first challenge, I will try again
you got it bro
I failed more than 5times
@@reflection1992 Did you ever pass?
@@felipe5955 not yet..I’m working with MFF and I about to pass my first phase challenge, just need one percent more.
Keep up the great content you guys FTMO is king !
@FTMO Why have minimum 10 trading days if people are gonna just place 0.1 lot trades to pass it if they meet profit target earlier?
it tests patience and consistency i guess
I have a question, as part of the challenge, I choose $10K, $25K, etc. If I pass the challenge, does that mean you will start me with that amount from your side? Let me know, interested. Thanks.
if you are taking the challenge and you are a swing trader and you trade just twice and you reach your target is it necessary to still trade the other 8 days left to reach your target
Yea so just if u finish before a 10 day period open really really tiny positions on the remaining days so it counts and it won’t impact ur profit and loss cuz u can close out in a second
Yes, I believe you are required to trade for the minimum amount of days, which is usually 10 days. Once all the targets reached, you'll receive a message stating that your targets are reached and that you can wait
You should do a longer length of time challenge for swing traders. e.g. 3+ months to achieve a certain percentage. This would take you to the top
So max loss is 10%of initial balance or final balance assuming profitability is there?
Just 10 % of the initial balance
Sir can you plz make a soft payment method for Indians like local bank deposite and upi type
Thanks Simon
I don't understand why most traders on ftmo trade on mt4 instead of the latest version of mt5
That's what i keep asking myself.
What’s the difference?
@@SilkyJJ mt5 is updated version and mt4 is not supported by Metaquotes anymore
@@youngchairman001 are you currently trading with them
It’s slower and because it’s more simple.
Question, is there a max daily drawdown (trade still in progress) or just max daily loss (trade closed with loss)?
@72Bytes * thanks
If you pass the challenge, do you actually get paid from that challenge?
No but you do get your money back
Question: once funded, if you e.g close the month at -5% - does the account reset to zero or do you start the new month at -5%? Thanks!
I believe they take the loss and reset the account
@@ogunsolaomotayo3162 thanks for the info! But doesn't that mean that a funded trader could lose 9% month after month, still keeping his account, while FTMO picks up the bill?? Doesn't sound feasible to me?
@@doggies.will.be.doggies there is an overall loss of -10% so if from the start of the acct the trader makes loses l, once it piles up to -10 he loses the acct
@@doggies.will.be.doggies the daily lose limit resets every new day but the overall lose doesn't unless you start making profits
@@ogunsolaomotayo3162 nope. Your loss is transfered to the next month. So in that case you just start with minus 5 percent.
What is the "swap" that is being paid in the trading journal? Thanks.
overnight charge
but if you muslim you get free swap
Is there any discord where we can ask or questions?
can we get FTMO funded account without swap
Who should pay the swap then?
Guys I am new to FTMO account can any one give me a legit source where can I apply for one. Thanks. I would appreciate it
Their webpage…
We want to also join but now i m improving my trading knowledge by free trial. All time we hit profit target but also hit daily losses. I cant understand how calculate ftmo daily loss.
Dont exceed 5% daily
What does it means by min 10 trading days ?
Hi Syazrol Ashraaf,
To meet this objective, you must trade for at least 10 days during the current duration cycle. At least one position must be opened in each of these days. A trading day is defined as a day when at least one trade is executed. If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day.
Thank you for your question, and do not hesitate to contact us again.
@@FTMOcom oh i see. That means it doesn’t need to run for the whole day to be counted as 1 day right ?
@@FTMOcom what if i swing an entry for ten days is that count as 10 trading days ?
You need to open a position in one calendar day, and that counts as one trading day.
The second example of yours would mean one trading day.
Hello Simon the videos are clearer to see. Please consider that, cannot see the figures or the number's cause it's blurry
Maybe increase quality of video. Text is clear on my side.
Im leaving in Philippines i may qualify to try the challenge in your company
6000 lots 😲
Its because of stocks, like 50 shares or 100 shares isnt that much all in all considering levarge
@@carrcossa yeah i see .
I can't buy the reason bank Indonesia
Will we ever get free challenges opportunities? Not all traders come from the first world where you can get unlimited printed money. If the point of a prop firm is to look for traders why they wont give chances for free
It’s basically free how you just pay 500$ to trade with 100k
Likely because there is alot of admin/tech cost related to this.
Please Allow and Extend Either a Holidays Discount or a Free/Prepaid Challenge by FTMO to
Any FTMO Dedicated Challenger who took more than 5 or 7 Challenges as a Way of Giving Back and Encouragement Not to Give Up ✌️