A perfect explanation

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You can make 10% in 1 day even with 1:10 leverage when you hit the right setup

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Honestly, I'm not able to imagine a system which would be able to safely utilize leverage of 1:100 let alone the crazy 1:500. Even if it worked in theory, slippages, gaps, or just wider spreads would blow the account sooner or later. And managing a ...

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It may increase but far beyond the level you can reasonably use. With the average ATR on most typical instruments using even 1:50 makes you breach the DD limit in a blink of an eye. What limits your account "breathe" is the DD limit, not the ...

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I cannot resist. I have nothing to say to your nonsense other then "ignored".

FTMO - For serious traders

Hmmm...like no other on any market or forum you say? To me this is a standard S&D zone indicator, just pictured in one of the least convenient ways I've ever seen. And possibly even showing it incorrectly. Forums are full of this type of indicators, ...

FTMO - For serious traders

It depends. With FTMO you can trade as little as 0.1 contract (they call it contracts though in fact 1 contract is just exactly 1 unit of the index) which would represent $0.1 per point but you probably refer to trading 1 lot (= 10 FTMO contracts) ...

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I'm a bit more permissive as it was a brand new symbol added to the portfolio so I assume someone just incorrectly configured a lot-based alert (I guess I traded as much as 1,000 lots. It can easy scare someone despite being equivalent to a mere 4.5 ...

FTMO - For serious traders

It is good but don't forget about the commissions which is equivalent to additional 0.36 pip (0.001% of the traded volume RT) In total, pre-market cost (spread + commission) is 1.40+0.36 = 1.76, market 1.10+0.36 = 1.46

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Hi Vitek, Thank you! As I stated here earlier as well, my case was resolved as a result of our email communication and FTMO's willingness to accept my arguments in those emails, rather than my post here. I wasn't aware of the 48 hours response SLA ...

FTMO - For serious traders

I see, makes sense. Thanks Koop!

FTMO - For serious traders

To become the FTMO Trader, which I already am...

FTMO - For serious traders

I already am a FTMO Trader so the text is completely irrelevant to me

FTMO - For serious traders

Hi Paul, I know their T&C's but the text you highlighted is not related to my question in any way

FTMO - For serious traders

Hi Vitek, a question re challenge fee remuneration. I know you can get it back with the first profit split and assume your account needs to be in profit for that. However, if you happen to be in loss on the profit split day, are you still allowed to ...

FTMO - For serious traders

Hi Vitek, trading Gold now I noticed there're 4 months of data missing in the price history on cTrader, more specifically Oct 31, 2019 - Mar 2, 2020. Do you plan to fix it? It affects back testing and may also affect some indicators such as ...

FTMO - For serious traders

Backtesting and optimizing my strategy revealed the same thing. One instrument traded in the same narrow window every day was giving me the best results.

Prop Firm Hub

You made a great point mentioning the right times to trade. Actually all opening/closing times should be avoided as the whole market rebalances and usually changes trend. One of the promising methods I've came across lately is The Price In Time by ...

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I tried the similar in the past, my lesson was fx pairs are not so suitable. Definitely not all of them traded by the very same system and same parameters (e.g. NNFX). I achieved best results trading US2000 and US5000, (US30 not so good) as those ...

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I think it depends on the time frame you have to do it. You can make 10% even with 1% DD but it will take extremely long (unless you are lucky). Making 10% with 10% DD is not easy when you only have ~20 trading days

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