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- pipmaster77 replied Apr 22, 2021
Yes, 19% is what they earned, profit share is 20%. The 5.2 million guy...you would need 1.4 million with FTMO to be equal. Not sure if that is their top account, but you basically need to manage 1.4 million with them to earn the same as 400K with ...
Prop Firm Hub
- pipmaster77 replied Apr 22, 2021
He wants to invest his money with them and earn a 20% passive income. He wants to be a part of the capital they are trading.
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- pipmaster77 replied Apr 22, 2021
Can't do it Paul. The regulations you have been vocalizing as so wonderful for us here in the USA won't allow me to. But the good news is, I made another 0.86% today, so that's 1.86% in two days. Not sure if I should shut 'er down or try to squeeze ...
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- pipmaster77 replied Apr 22, 2021
I believe it is because we trade on a demo account with FTMO, it allows them to accept traders globally.
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- pipmaster77 replied Apr 22, 2021
lol, no sir, we do not. I have Oanda, Forex.com, IG......hell of a selection. Of course, we have 6-7 unregulated, offshore brokers. They actually offer far superior trading conditions than the garbage "regulated" brokers.
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- pipmaster77 replied Apr 22, 2021
image Just figured I'd confirm. You guys really have no idea the bullshit we go through here in the "land of the free"
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- pipmaster77 replied Apr 22, 2021
Yes, once again, the good 'ole boys of the NFA/CFTC prohibit us here in the US from accessing either of those.
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- pipmaster77 replied Apr 21, 2021
Either way, too high. FTMO is 0.2 right now and this is Asia session.
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- pipmaster77 replied Apr 21, 2021
There spreads are the better than any broker I've ever used. You will be on the FTMO server, they stream an aggregate feed of LPs. This has been debated in this thread numerous times....are they a white label? do they use a broker ? I, admittingly ...
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
Well, couple of different points of view here. One could view challenge fees as a business expense. I am sure, being the intelligent person you are, you are aware most companies operate in the red for a minimum of 2 years or if you wish to purchase ...
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
Some can choose that way. Being in the US, don't have that option. Some choose FTMO. Some people eat seafood, some don't. I'm a football fan, you may not be. I like the beach, some prefer the mountains. You get it....... The argument is irrelevant ...
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
Yes, true. I misspoke. Was just trying to get the point across that MOST live accounts lose money as well.
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
Oh, I'm sure he is doing just fine. I'll send him a PM later to check for you though.
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
It has a 93% failure rate. Pretty much in line with most live accounts. Yes, correct I am using them to achieve MY goals, wouldn't call it "punishing" them.
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
Not sure I understand your question...but if you are asking if you should stop trading once all objectives in the challenge have been met....Yes, absolutely. Not sure about the 5 days qualifying as passed though, as that is 10 days. Is this a ...
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
and what would that be? I don't find it a secret that most people fail the challenge, FTMO admits that. Here's what you don't understand....I don't care what there business model is, I am using FTMO and others for MY needs. They are part of MY ...
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
I made 1% on my account TODAY. Just closed down the platform to avoid giving any back. That's called discipline.
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
4% monthly is literally 20 pips per day using only 1:1 leverage.
FTMO - For serious traders
- pipmaster77 replied Apr 21, 2021
You are absolutely correct Koop. The 10% that first month is challenging, maybe perhaps why they call it a "challenge". Perhaps (more than likely) it is designed for failure. Once you pass it though, if you can earn 3-4% per month, which is very ...
FTMO - For serious traders