Smart approach regarding waiting it out, that's the best way to go with such limited time remaining. Depending on what you trade and your strategy it's a case of going through all the broker offerings and making the best choice from the limited ...

FTMO - For serious traders

The brokerage choice is one thing but if you wanted to use let's say cTrader then the choices really start to dry up. A pity they don't use IC or Pepper. I'm not impressed with current offerings. Masterrmind........

FTMO - For serious traders

Nice work bringing the DD account back from the brink. Maybe you have mentioned before but in any case are you trading the same strategy across all accounts or is each account being traded with very different strategies? Unless things change ...

FTMO - For serious traders

After making a 50% Gain in Equity so far this month I attempted to add another 5-10% to the tally but with the market unable to sustain direction the whipsaw action had me above 53% momentarily only to be in DD a little and have to close out of a ...

GamblerPro

Well then a 1M funded account does indeed appear possible. Interesting. Masterrmind........

FTMO - For serious traders

It's the scaling up of these 3 by 100k accounts that I am U sure about since I've read that Max per trader is 300k. Need to confirm this .... Masterrmind.......

FTMO - For serious traders

I certainly look forward to reading about your progress here. Perhaps you are one of the rare traders taking on 3 challenges at once. Good for you I say. Masterrmind ........

FTMO - For serious traders

Definitely their website could do with much improvement. Masterrmind........

FTMO - For serious traders

Yes I've been through all their material online including FPA reviews among several others. It's not clear that taking let's say 3 by 100k accounts to 3 by 300k accounts is possible. My interest (if any) would be as per approach taken by Swing4Fence ...

FTMO - For serious traders

Yes certainly but also depends on what the individual trader expects as a comfortable monthly income. In any case it's money for jam. Masterrmind........

FTMO - For serious traders

Here is the calculation for Daily Loss. " Current daily loss = results of closed positions of this day + result of open positions. " Be very aware of when CE(S)T hits midnight. Masterrmind........

FTMO - For serious traders

It appears not the case. Trading 600k or better yet a 1M account is a few levels higher and looks unlikely considering that the policy of the Prop Firm is to max out at 300k per trader. Masterrmind.......

FTMO - For serious traders

Yes ok so not possible to run each account up to 300k, which would have made it far more interesting. Basically, 300k Max per trader unless long term profitability proves to the Prop Firm the trader is 'worthy' of trading an even larger account ...

FTMO - For serious traders

It's called Max Daily Loss so it's self explanatory. Of course, it resets each day since it's a daily calculation. The other objective is Max Loss. All you need to end your journey is exceed either of these 2 objectives in a funded account with the ...

FTMO - For serious traders

They allow 3 challenges at the same time ?? Due to the need to spread trading strategy risk I would also assume that each of the 3 challenge accounts would have 3 independent trading strategies. Now that's very interesting indeed. If funded on all 3 ...

FTMO - For serious traders

On a funded account at month end if you made 20k profit FTMO will take their part of the profit which will be 0.3*20K. They advise funded traders to also request their profit share which in this case would be 0.7*20k. Start of new month equity would ...

FTMO - For serious traders

You will lose the account if you fail to meet their ongoing trade objectives. Focus heavily on the risk control side. I assume you would need to go through the entire process again including paying for the challenge. Once funded your key objective ...

FTMO - For serious traders

I'm not really posting here to promote my own strategy afterall I use several based on objectives. Thanks for asking though. Masterrmind.......

FTMO - For serious traders

Certainly there are several traders here that can easily trade a >50k to a 100k+ account whilst some struggle with getting 1k together but each to their own. The biggest hurdle to the underfunded traders apart from the price of admission is ...

FTMO - For serious traders

Well said. It would certainly be interesting to find out how many FTMO Traders have more than a few months trading a 50k or 100k funded account. It would be nice to have several top performers with their trading analytics visible on the website. ...

FTMO - For serious traders