FTMO have there own automatic invoice generator, which shows up a preview instantly so they don't take a couple of days for them to generate one, it shows you a preview of what it will look like on the client area and it gets sent off to them instantly I prefer it as it's all simple and done for you. Glad you got your payout!
Congrats bro! Love hearing stories like this good to hear that you bounced back from the original account loss. Did you set up an LTD company to withdraw the funds into?
First thing that comes to mind is dependent on your current tax situation on where you live, rules and regulations etc. I'd recommend to consult with your local tax professional to help set it up👍
Awesome video and congratulations! How long after the payout being issued did it take for FTMO to issue your new account? It’s been 3 full business days since I received the payment processed email, the funds have already cleared two of my bank accounts and I still don’t have the new FTMO account. I’m getting a little nervous tbh.
Thank you! I would check your trader dashboard on the FTMO website, also check you email spam folder. If not, then reach out to them, it shouldn't take longer than 3 days. Good luck!
Please recommend one best prop forex firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading? Thank you.
Great questions! Lots of awesome prop firms out there it's hard to say there's a best one. We have experience with FTMO, MFF and Topstep. All are great choices, it boils down to your personal preference and trading style. I would recommend to try out a few to truly see what fits you. As for the hedging questions, it would be best to reach out to the prop firms to gain more clarity and direction. Best of luck!👍
In traders Prop Accounts is Hedging Allowed by which firms? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading(and for total loss limit)?.Thank you.
Great question. I don't have any experience in this particular case with hedging. Please feel free to reach out the the prop firm for this question. Good luck!
Great question! To my best knowledge, you as the trader has responsibility in fulfilling all tax obligations. Please meet with you local tax professional. 👍
Sir, IF support/resistance levels on 2 different time frames are the same level (example daily & 4H or 4H & 1H charts) does it mean that such S/R level is more likely to hold?Institutions work with daily & 4H charts--so these levels should carry more weights.For price action at S/R level which chart is better--15 minute OR 5 minute.Thank you.
Great question! A general rule of thumb we like to follow is that bigger timeframe rules. As you put in the screen time, you'll start to develop a sense of how price reacts to certain levels. Not all levels are equal.
I’m also in Hawaii. About 60% through my first ftmo challenge with about two weeks left. Was wondering, in relation to you mentioning taking profits early because of being in Hawaii, how early must one take profits on their final trade?
Awesome job! To answer your question, it depends on what you chose for you profit split day. FTMO will email you to remind you of the upcoming profit split day. I converted HST to CE(s)T and i think there was a 12 hour difference so I took that into account along with my daily schedule to prepare to close my positions. 🤙
So after getting the payout, do you have to go through another challenge to get another account using your refund ?? Or do you continue with your old account for free
@@HawaiiTradingAcademy I'm not talking about pairs to trade. I'm referring to using bitcoin to withdraw funds like transfer one bitcoin address to another. I have Chime and I'm afraid they won't take take wire transfers from FTMO.
@@HawaiiTradingAcademy wow. Great to know sir. Goal ko rin maging FTMO funded trader. 💪🇵🇭 Pwede sir pa share ng trading strategies mo in the next future video? 😁
@@marcoellaga7759 Hey Marco! I don't speak Filipino but I was able to get your comment translated lol yes you can totally become a funded trader! We are always creating content and will continue to post more vides on our channel. You're welcome to join our private online community! Fill out the contact form at hawaiitradingacademy.com
@@HawaiiTradingAcademy oh okay. No worries.😅 I haven't watch more of the video in your channel (will do). But I'm really interested on the strategy that you use to pass FTMO challenge. I'm still working on consistency using SMC.
@@marcoellaga7759 I trade with the trend. Buy when the market is going up, sell when price is going down to sum it up. There alot behind the philosophy that won't fit in a youtube comment. Good luck!!
you withdrew exactly $5000 from your FTMO account into your bank account, but shouldn't the deposited amount be less than $5000 since the banks also tend to take a certain % from such transactions?
So after getting the payout, do you have to go through another challenge to get another account using your refund ?? Or do you continue with your old account for free
Congrats bro. Just passed the verification today so I am officially funded too :).
Thanks! Great job on passing the verification!!
Congratulations. I’m pumped to prepare for this challenge
Do they give u 80% in your money or they slip 80% with can u tell how much they give u if u make 10k profit
@@trading.25 8000
how long did it take you to get funded?
been looking for a simple straight to the point video. i've watched multiple and yours is the one which is straight to the point with prrof. thank you
Appreciate the kind words! 🤙
Congratulations 🎊🎈🍾 Job well done!! I on the other hand just lost my account today. But the journey continues! 🤛🏽
Much appreciated! We encourage you to keep on going and don't give up. There will be winning and losing seasons during our trading journey. 👍
Starting my challenge again next week. Thanks for the vid 🙏🏾
Good Luck! Let us know if you have any questions!
Currently up 8 percent !
Keep it up!👍
Just hit 10 percent. 🙏🏾
awesome man, super glad to see your payout. keep it up!
Appreciate it!
Love to see fellow islanders shaking up the trading game. Talofa lava to you and your ohana! :) - a Samoan sister
I wanna visit samoa badly! I went to school with a lot of samoans. Had a major crush on this one Samoan chick 😆 😂
@@KM-bu1js lol!! Where are you originally from?
@@dvnwifey222 Born in the US my family is from west africa. You know Blood Diamond yeah that country 😂
Yes send Aloha back sis! 🤙
My man good stuff and God bless you man
Appreciate it! 🤙
@@HawaiiTradingAcademy no doubt king
FTMO have there own automatic invoice generator, which shows up a preview instantly so they don't take a couple of days for them to generate one, it shows you a preview of what it will look like on the client area and it gets sent off to them instantly I prefer it as it's all simple and done for you. Glad you got your payout!
Appreciate it!
Congrats bro! Love hearing stories like this good to hear that you bounced back from the original account loss. Did you set up an LTD company to withdraw the funds into?
Appreciate the support! As of now I haven't setup a company to direct the funds to. I will do so in the near future. 👍
@@HawaiiTradingAcademy hi, when should someone consider setting up an Ltd account for their trading ?
First thing that comes to mind is dependent on your current tax situation on where you live, rules and regulations etc. I'd recommend to consult with your local tax professional to help set it up👍
Would like to link up. I’m located in Hawaii also. December cashed out 30 k with ftmo. Crazy opportunities
Congrats on your win! Let's connect!
I’m in Hawaii also. Pull up on me 💯
Awesome Guys
Thank you!
Congratulations!
Thank you!👍
Congrats bruddah
Appreciate it!
Awesome video and congratulations! How long after the payout being issued did it take for FTMO to issue your new account? It’s been 3 full business days since I received the payment processed email, the funds have already cleared two of my bank accounts and I still don’t have the new FTMO account. I’m getting a little nervous tbh.
Thank you! I would check your trader dashboard on the FTMO website, also check you email spam folder. If not, then reach out to them, it shouldn't take longer than 3 days. Good luck!
Please recommend one best prop forex firm you would deal with now & WHY.
In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading? Thank you.
Great questions! Lots of awesome prop firms out there it's hard to say there's a best one. We have experience with FTMO, MFF and Topstep. All are great choices, it boils down to your personal preference and trading style. I would recommend to try out a few to truly see what fits you.
As for the hedging questions, it would be best to reach out to the prop firms to gain more clarity and direction. Best of luck!👍
Congratulations
Thank you! 🙏
In traders Prop Accounts is Hedging Allowed by which firms? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading(and for total loss limit)?.Thank you.
Great question. I don't have any experience in this particular case with hedging. Please feel free to reach out the the prop firm for this question. Good luck!
great video! Subscribed! So, in total, it took you about 30 days to complete challenge, verification, and select a pay out day?
Thank you! It took a little over 2 months from start to finish. 👍
Hey congrats bro. Can you tell how FTMO manages VAT in invoices if your country regulations ask for it ? I see you put 0% in yours.
Great question! To my best knowledge, you as the trader has responsibility in fulfilling all tax obligations. Please meet with you local tax professional. 👍
Thank you for your video :)thank you to be honest
Hope you found value!
Sir, IF support/resistance levels on 2 different time frames are the same level (example daily & 4H or 4H & 1H charts) does it mean that such S/R level is more likely to hold?Institutions work with daily & 4H charts--so these levels should carry more weights.For price action at S/R level which chart is better--15 minute OR 5 minute.Thank you.
Great question! A general rule of thumb we like to follow is that bigger timeframe rules. As you put in the screen time, you'll start to develop a sense of how price reacts to certain levels. Not all levels are equal.
Make complete videos on your winning and lossing trades if any. People are interested in watching them i think 🙂. Good work
Thank you! We are working on more content for our viewers. You'll see more trade breakdowns throughout this year!👍
I have a question what platform do u use . I've traded on meta trader 5 and it leaves alot to be desired . Many thanks
Hey Daniel! We use the Metatrader 4 app. 👍
Epic Brother!!!!!! YESSS
🔥🔥🔥
After the profit split you need to take a challenge again?
No you don't need to take the challenge again.
I’m also in Hawaii. About 60% through my first ftmo challenge with about two weeks left. Was wondering, in relation to you mentioning taking profits early because of being in Hawaii, how early must one take profits on their final trade?
Awesome job! To answer your question, it depends on what you chose for you profit split day. FTMO will email you to remind you of the upcoming profit split day. I converted HST to CE(s)T and i think there was a 12 hour difference so I took that into account along with my daily schedule to prepare to close my positions. 🤙
I wanna take on the trials
Do it! 👍
does your bank account has to be in USD or your bank automatically convert the amount into your country's currency?
My bank is located in the US which they only use USD.
So after getting the payout, do you have to go through another challenge to get another account using your refund ??
Or do you continue with your old account for free
After the profit split, FTMO issues you a new funded account. You won't need to pass another challenge.
Is it possible to change the bank information, if I wanted my payout in a different bank account that I paid for initial challenge?
Yes you're able to change the bank information for the payout👍
Thank you
thanks for this bro
No problem! 🤙
Niceeeeeeeee
Thank you! 🤙
I heard they can do Bitcoin too. Can they do that
The platform offers BTCUSD cfd and many other crypto pairs to trade👍
@@HawaiiTradingAcademy I'm not talking about pairs to trade. I'm referring to using bitcoin to withdraw funds like transfer one bitcoin address to another. I have Chime and I'm afraid they won't take take wire transfers from FTMO.
As of now we're not aware of FTMO directly dealing with the transferring of crypto currency. You can always reach out to them to clarify🤙
Sir, are you also a Filipino? Great vid.
Aloha Marco! Thanks for the video compliment. Yes I'm Filipino.🤙
@@HawaiiTradingAcademy wow. Great to know sir. Goal ko rin maging FTMO funded trader. 💪🇵🇭 Pwede sir pa share ng trading strategies mo in the next future video? 😁
@@marcoellaga7759 Hey Marco! I don't speak Filipino but I was able to get your comment translated lol yes you can totally become a funded trader! We are always creating content and will continue to post more vides on our channel. You're welcome to join our private online community! Fill out the contact form at hawaiitradingacademy.com
@@HawaiiTradingAcademy oh okay. No worries.😅 I haven't watch more of the video in your channel (will do). But I'm really interested on the strategy that you use to pass FTMO challenge. I'm still working on consistency using SMC.
@@marcoellaga7759 I trade with the trend. Buy when the market is going up, sell when price is going down to sum it up. There alot behind the philosophy that won't fit in a youtube comment. Good luck!!
you withdrew exactly $5000 from your FTMO account into your bank account, but shouldn't the deposited amount be less than $5000 since the banks also tend to take a certain % from such transactions?
Hey thanks for the comment! As the recipient of the funds, I haven't had any responsibility in regards of any transaction fees. Hope that helps!
If possible, could you do a video on backtesting US30?
Yes! We'll take that into consideration and hopefully release one in the near future.
Are you from indonesia /Malaysia /Philippines, you look so Asean
Lol I'm Filipino living in Hawai'i
So after getting the payout, do you have to go through another challenge to get another account using your refund ??
Or do you continue with your old account for free
FTMO issues you a new account after the profit split day. 👍
@@HawaiiTradingAcademy my question was, do I have to go through another challenge and verification for the new account?
@@morris859 no you don't