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- pipmaster77 replied Jan 5, 2021
This is exactly the rule. I have never had an issue with matrix in funded, verification or challenge. It usually updates within 90 seconds for me. Keep in mind, the FTMO "day" resets at 6 pm eastern, not sure if this has anything to do with anyone's ...
FTMO - For serious traders
- pipmaster77 replied Dec 30, 2020
Just throwing this out there, as I violated my first challenge due to this.....I was up significantly for the day, I closed my winners and left my floating losses open(still way up for the day). When the FTMO day reset, those floating losses ...
FTMO - For serious traders
- pipmaster77 replied Dec 18, 2020
Or.......pass 3 challenges, keep scaling with the 5%ers and have 2 more firms as I have discussed with both of you.



FTMO - For serious traders
- pipmaster77 replied Dec 15, 2020
Not really sure why this is so hard to grasp. Whether trading prop firm, real account, 1:6 leverage, 1:1000 leverage, YOU MUST HAVE A LOSS LIMIT. In my FTMO account I am offered 100:1 leverage, I risk 5% of my available drawdown limit, which is .5% ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
This math is indisputable. Please Out There, you are the one with the smoke and mirrors.
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Yes, he did this in the FTMO thread as well. It's literally why I took a break from posting. I cannot have a logical debate with someone who JUST DOESN'T GET IT. When you're talking about drawdown, I know you may not believe this, but it exists in ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Agree here Koop. According to my math, due to the lower drawdown allowed on 5%ers, 4% vs 10%, we could assume you will only make 40% of the profit as you would with FTMO as you will adjust position sizes to reflect that. So one could conceivably ...
The5ers - Trading & Growth Program
- pipmaster77 replied Dec 14, 2020
Strange, one of my accounts is in verification as well. Not experiencing this issue. I am more of a swing trader though, so in all honesty, I simply may not be watching close enough.
FTMO - For serious traders
- pipmaster77 replied Dec 12, 2020
Yes, but he is asking if it is independent of withdrawals. Some prop firms will only increase you if you leave the 10% in and only withdraw the excess of 10%. I am 99% certain FTMO scaling plan is independent of withdrawals, but I also cannot find ...
FTMO - For serious traders
- pipmaster77 replied Dec 12, 2020
Daily max loss remains at 5K, but total loss obviously increases with the equity. If you get up to $110K, for example, your max loss from that point is 20K but daily still 5K.
FTMO - For serious traders
- pipmaster77 replied Dec 11, 2020
Here you go: url Withdrawals do not affect scaling plan. You simply earn 10% in 4 months (at least 2 months must be net positive) and they scale you 25%. It takes 16 months to double.
FTMO - For serious traders
- pipmaster77 replied Dec 7, 2020
It's sarcasm. Just giving an example of how all Oanda fees just keeping adding up and take away from what should be YOUR profit.
OANDA Discussion
- pipmaster77 replied Dec 7, 2020
Here is same site with a list of STP brokers. As stated above, several appear on both lists, meaning they offer both. The big takeaway is they provide a definition of how each execution model works. url
FTMO - For serious traders
- pipmaster77 replied Dec 7, 2020
This is why it is so easy to spot folks with underlying agenda. If you really don't know the answer, and you don't have access to google, here is the first link you get when searching market maker forex brokers. Disclaimer: some of these brokers may ...
FTMO - For serious traders
- pipmaster77 replied Dec 7, 2020
Slippage can go for you or against you. Any broker where you experience 0 slippage is trading against you. They hold the trade, they "make" the price, so, of course, they fill you at the exact price. Generally speaking, if a broker charges ...
FTMO - For serious traders
- pipmaster77 replied Dec 7, 2020
Simple answer....HotForex is a market maker, they create the price they are giving you and are on the other side of your trade. FTMO uses a STP model, therefore, slippage (positive or negative) will occur.
FTMO - For serious traders
- pipmaster77 replied Dec 6, 2020
It's submissive selling. It's floating an idea. You come in here showing stats, make some statements about intraday currency strength, etc. You know struggling traders are going to reach out to you. No need to post a url or an email, they will ...
FTMO - For serious traders
- pipmaster77 replied Dec 6, 2020
Oanda fee=your profit +10%. lol I cannot believe people still trade with this broker. Finance fees, currency conversion fees etc. WTF??? What broker is charging conversion fees to convert your trade into your base account currency? The finance fees ...
OANDA Discussion