100% spot on. It's not about the random anomalies of trading that allow for longer term success. Yes, it does work against someone who is trading daily or weekly for a living, but majority of people aren't and with monthly profit splits, there can ...

FTMO - For serious traders

That isn't a problem, thats basic math. Your account is in USD so EURUSD is 1$ per point (10$ a pip), GU, AU, NU, XAUUSD all 1$ per point. But if your account was in euros, the value per point of EURUSD would be 8.91 euros per pip (0.891 euros per ...

What I learned after losing $300,000 trading forex

It's not that you're off on your assumptions, but its one sided and very dramatic. Yes, the trader trading a $100,000 demo probably doesn't know behind it there is $200,000. But you focus solely on the profits but that also means they have a greater ...

FTMO - For serious traders

I didn't mean it as a negative towards FTMO. The 5% of starting balance really isn't that big of a total factor. Even at $300k total funds, risking 1% per trade, that would be 3,000 USD. Lets say they were up 5%, so now they have $315,000 balance. ...

FTMO - For serious traders

Lmao. When I first read it I felt this way. Like, this can't be serious

FTMO - For serious traders

We are talking about a daily compounding from the max daily loss of the original balance. Not capital increases once every 4 months. The MDL is 5% of the original balance. You basically just said as you have a new, higher starting balance you have a ...

FTMO - For serious traders

Your best bet is to just withdraw, pay the 25$ for a vps, put your personal account to follow the ftmo account with copy trade software. The software will base it on your personal accounts balance, so you'll see that exponential growth

FTMO - For serious traders

You can't compound your own profits if you always base your risk on original balance. That is incorrect. FTMO doesn't take your money into account so it does nothing. In order to compound you need to be able to use new profits to to make higher % ...

FTMO - For serious traders

If I'm looking at it correctly, your chart is incorrect. The max daily loss resets every single day. There is no daily compounding of the account for the MDL. I made this mistake. It isn't 5% of the balance, its 5% of the original balance. For ...

FTMO - For serious traders

I do think 5% a day of the original capital is a bit ridiculous on firms like FTMO as well. Not only is there no monthly compounding but there isn't even the ability to compound daily. But this other firm doesn't need to have that cause their margin ...

prop firm new model - my trading journey

Worst idea ever. If you don't know how to hedge, don't hedge. If spreads are affecting your hedging ability, don't hedge. No reason to add another trading stipulation to affect thousands of people because one person is having trouble hedging in a ...

FTMO - For serious traders

The best strategy is a profitable one, not a fast one. Better he end up in the green even if it does take him two weeks. And EVERYONE has high and low periods. What matters is how you get through the time when its loss after loss. Even when I took ...

FTMO - For serious traders

I'll take the bait this one time, closed p/L i'm up 1.2%. I'm still long AU, gold, and AN in floating. September is end of US government fiscal year. So there is usually good follow through for trend traders/short term swing traders (trades lasting ...

FTMO - For serious traders

Yes it does....the 50k challenge I have on there now is the new server. And to double check I just added my next 100k challenge that I'm currently doing and started yesterday, it connected with no issues. You still select the server LMAX. Connects ...

FTMO - For serious traders

You just make it visible and then everything else is set to "Me Only" so its private. No one can see anything other than the pair and % gained or lost. Not your TP, not your SL. If you love copy and paste set up your own person ftmo challenge ...

FTMO - For serious traders

Why not just attach it to your profile that way you don't have to clog the thread with those post. I'm sure you know how to do it in trade explorers since you've been here for 10 years.

FTMO - For serious traders

Another one of my true stories, lol. My first teacher who taught me how to trade was a psychology professor at San Fran- Berkeley. (I learned to trade futures by crashing on his couch cause his g/f was my martial arts instructor, so I was lucky to ...

FTMO - For serious traders

I honestly have zero idea what you are trying to say. I THINK you're saying cause shes female she made men look bad? If that is what you're trying to say I don't agree. Women, overall, make better traders. Studies show women are more likely to focus ...

FTMO - For serious traders

Her last video said she was moving out cause she was making money with FTMO. That is if I remember correctly. I usually just have it on one of my screens to hear it and watch it on and off. I think most people don't last long enough for the 3 or 4 ...

FTMO - For serious traders

I'll watch one or two of her videos when I'm bored. I think she is the greatest testimonial that FTMO is real. Because she got funded and really does get profit splits, shes finally been able to move out of her parents house and get her own crib ...

FTMO - For serious traders