First of all, thank you for coming back and talk to me again. I never said it is impossible. But now I'm doing my bets. You and nikosk0 have never passed this challenge and what you say is not true. You aren't profitable traders and your intention ...

FTMO - For serious traders

Good for you. You are the new Soros! Sooner or later will see your name in morningstar as fund manager. I still think you should learn the basics.

FTMO - For serious traders

- Martin-gale strategy. Not exactly. Of course it is. Call it whatever you want. - Risking 0.4% more or less in the first trade. No. All first trades closed at around 0.4 unless there was a chance to trail. - Trailing stop also in percentage terms. ...

Nice paper backtest, probably will fail in the future, why? :(

It is wrongly called hedging platform. You are not hedging in these platforms. There is only one position at a time. There is no such a thing of "multiple positions" of one asset. I think FIFO is quite the opposite, it is kind a protective. Protects ...

FTMO - For serious traders

Better said. It sounds like... Trying to teach kids how to tie shoelaces. Why don't you just explain why FIFO is bad instead of deleting your posts? For example, in which way FIFO would affect in your FTMO management.?

FTMO - For serious traders

- I never said I'm an old dog. - I never tried to teach an old dog new tricks. - I'm here to learn from whatever generation. I'm just describing basic concepts to those that they don't have. Good intentions. Crypsurf, pipmaster77, nikosk0, Rmg, have ...

FTMO - For serious traders

Veteran wisdom!

FTMO - For serious traders

Strategy properties: - Martin-gale strategy. - Risking 0.4% more or less in the first trade. - Trailing stop also in percentage terms. - Possible entry logic: after some determined price speed. (It will take me some time to get into a final ...

Nice paper backtest, probably will fail in the future, why? :(

DOW has more pips than US30...

Opening price US30

Those weren't stats. Basic trading data. You should read it carefully and learn.

FTMO - For serious traders

You should read the deltaone thread on Dow trading. His approach of conducting his thread is worth to mention. He publishes trading signals before they take place, not after. Something not common in many threads.

Opening price US30

I agree with that. Not to mention the answer I received when asked. Now, we all see that his contribution can be good.

Opening price US30

These basic concepts are good to know in order to head the FTMO challenge.

FTMO - For serious traders

1.- You have 1 lot. 2.- The market moves in your direction and you add 1 lot. 3.- Now, you have two lots. 4.- The market moves in the opposite direction. 5.- You close 1 lot. (It does no matter which of the two lots you close, the first or the ...

FTMO - For serious traders

Breathe, it is not that bad. I think it could be of great help his opinion. Some skepticism is always good. Maybe, he found some mistakes in the trading logic and it could be very interesting his contribution.

Opening price US30

Sorry but you didn't explain anything. I would like to read you explanation about why FIFO is bad.

FTMO - For serious traders

You are closing the first order from MetaTrader perspective. But basically you are just reducing the position by 0.2 lots. Something that does no affect in your profitability. Do you understand now? I really would like you to understand this basic ...

FTMO - For serious traders

It seems like you don't understand how it works. There is only one position in markets. Whether long or short. It can increase in volume or it can decrease. Only one. You basically add volume or reduce volume. There is no such a thing of multiple ...

FTMO - For serious traders

The main idea here is that FTMO doesn't seem to look for good traders. If they ask you to pay a participation fee and set challenge rules that are harder than what any professional does and what they later expect from you. It sounds like: we aren't ...

FTMO - For serious traders

FIFO allows you to scale your positions as you want. Never interferes in your posisitions. And the purpose is quite the opposite: to prevent non-professionals to pay more commissions than needed and prevent some brokers to take advantage of ...

FTMO - For serious traders