okay... thanks, anyway. I appreciate the spirit...

Account Analysis Tool for FTMO

interesting... can you let us know if FTMO confirms that ctrader is 24/7 for bitcoin? thanks in advance!

FTMO - For serious traders

looks cool... the link won't open for me, though.

Account Analysis Tool for FTMO

no, it's there... xbtusd was previous symbol. btcusd now.

FTMO - For serious traders

I don't have experience with this but 2% weekly dd limit, and mandatory stop loss on every trade make it unappealing... (I use experts, many trades in very small size, some without stop losses)...

FTMO - For serious traders

spend a little more time reading their presentation... all the details are there. if it's too hard to understand, then it may not be for you, realistically.

FTMO - For serious traders

Also note that the list of discontinued symbols is not complete, on the previous forum entry, or on the FTMO site. If you trade anything besides forex pairs, better to check and see if you'll be affected. For example, UK100 and WTI will be close ...

FTMO - For serious traders

I've also been kicked over max daily by hedging over rollover... widening spreads, though usually not nearly as bad as the currencies, in US100 can be easily be triple the normal hours' spread at rollover. This is okay if your trade size is small ...

FTMO - For serious traders

I use the same indicator, and I don't understand how it calculates the numbers... they make no sense to me. So I don't use that part. I use the dollar levels of the blue and red lines... can use the crosshairs function and double click and drag ...

FTMO - For serious traders

Trader-IT Is it possible that only 1 "extreme" tick is not detectable on the chart? I am guessing yes, but don't know for sure... again, a very big spread on a large position can cause a momentary drawdown that is huge... (rollover, especially ...

FTMO - For serious traders

yes, that's the rule, perhaps... but it's not how it is being applied, it seems. As on that day I show (post #5,155) where both equity and balance rose, were never more than $2600 apart, yet the metrix gave a $4200 drawdown.

FTMO - For serious traders

yes, delta-vega, this observation was not on the first day... I agree with this formula you propose: Honestly I would much prefer to see in MetriX a simple, e.g., "$47500 minimum equity allowed until 2021-01-06 00:00 UTC". It could also show a ...

FTMO - For serious traders

Ok. Noted. What do you suggest? Oh. Wait... do you mean the existing rule, or the one that I suggest?

FTMO - For serious traders

@Tomas I know any changes are not easy to implement for many reasons, but please consider a more simple formula for the daily drawdown max... perhaps, "You may not lose more than 5% of your opening balance on the account between the open and close ...

FTMO - For serious traders

Also, if closing a few positions, best to close the losers first, so the balance comes down. If done winners first, the balance rises... perhaps to max dd...

FTMO - For serious traders

One thing that I wonder... if this is true, would I then then be in violation if the the balance rose to $5k above the equity low? do I have to refrain from closing trades to avoid this?

FTMO - For serious traders

image I have been working on the theory that the daily max loss is calculated by the difference between the highest point of the balance and the lowest of the equity during the day... on my max drawdown day, Dec 11, attached above, (the red line ...

FTMO - For serious traders

open a 1 minute or 5 minute chart and go back over the last few weeks, and you will soon see what their hours are... this is the most reliable method, I believe. Another method is right click on the instrument in Market Watch, then select ...

FTMO - For serious traders

and, to answer your scenario, most investors are more concerned with protecting from sudden losses than from missed opportunities, methinks.

FTMO - For serious traders

I'm just guessing, too, but they could put additional loss limits that stop trading at specified equity or margin or balance limits, or dis-engage from our accounts at scheduled events, or have circuit breakers for rate of loss... or allow their ...

FTMO - For serious traders