Ftmo academy reddit strategy. A series of losing trades in Forex trading is not uncommon.

Ftmo academy reddit strategy I would say go for it but you won't make life changing money because of how strict their rules are. A comprehensive topic on methods of trading strategy development is covered in later lessons of FTMO Academy. This includes an understanding of the financial markets, trading instruments, trading platforms, trading analysis, trading strategy and much more. 7 and 2. but I hope you guys get the point. Market environments – range vs trend Recognizing these early on and adjusting our trading strategy to them is one of the most important things to do. , economic reports, earnings), technical indicators (e. How do you deal with such a situation? Even the best […] FTMO Performance coach. Newcomers to Forex often fail quickly because instead of testing their own strategy and finding what is best for them, they try strategies from more successful traders with the vision of easy and quick profits. Your Trading Strategy. 256/2004 Coll. When you look at the FTMO app the chart named “XAUUSD M30 v6. I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. Hi robert i would like to review your academy and you strategy now that make me easy to trade and combind with many strategy very good to make a success pofitable trade easy to make dicision. Welcome to FXGears. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. FTMO & MFF Funded certificates Doing new ones this year follow my journey! A place to discuss forex strategy, ideas, analysis, and concepts. I would like to start trading only these two pairs with a prop firm such as FTMO, but I don’t yet see how I can pass the challenge given this strategy sometimes only presents a few trades per week or month. The Academy is designed to try equipping traders with the necessary knowledge and skills to navigate the volatile world of foreign exchange trading. when i strugle something Robert also reply my email evertime this academy dont live you behind. I believe any experienced trader can accomplish it. The perfect strategy or holy grail that beginner traders in particular want to find does not really exist in forex. In Conclusion. Articles, links, etc are all welcome. One thing connects all professional traders – they have 100% trust in their trading strategy. I want to be an FTMO funded trader, but I enjoy charting on Tradingview. Forex Forex stands for FOReign EXchange. There are four basic Trading Objectives you need to know to become an FTMO Trader and trade up to $200,000 on your demo FTMO Account. 1 #552113322” notice the v6. Financial markets. We picked the top 11 technical indicators, which in our opinion […] All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. It is an international trading system for the exchange of major and minor currencies, i. A perfect example that the road to success isn't always smooth and filled with profitable trades is today's featured trader from the series on successful FTMO Traders. If you have confidence in your strategy and can weather periods of significant losses, you have practically won in Forex trading. It bridges the gap between theoretical expectations, backed by data, and practical application in a live market environment. Support and resistance So what is support and resistance trading? If you ever saw support or resistance drawn on the chart, most traders use straight or diagonal lines to do […] We are introducing a sophisticated trading strategy that combines technical analysis with the use of several advanced indicators and multi-timeframe analysis. Keep track of your trades and analyse your results to identify areas for improvement. This is the reason there is a performance coach available once per month for our FTMO Traders, completely free of charge. Trader Nabeel putting the emphasis on proper journaling […] Welcome to FXGears. You're not ready for the live market yet! You need to sign up for the free 2-week FTMO demo challenge. We each have to find what suits our personality and our style. Once you have found a strategy that looks good on paper it will be time to test it. If a trader's HFT strategy causes hyperactivity on the server, FTMO may ask them to adjust their strategy or parameters. Here are a few other examples of scalping strategies Welcome to FXGears. Market correlations Besides correlations in […] FTMO Academy provides a solid foundation in the basic and advanced concepts of trading. It can be caused by unsuitable conditions in the markets or poor mental attitude of the trader. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. Now I'm still take a chanlenger prop firm. The third rule is called Maximum Loss. So I was wondering what TV charts were most similar in price to FTMO MT5. Using technical indicators in trading is a never-ending discussion among traders. FTMO Evaluation Global s. Besides, knowing what assets are correlated can significantly reduce our exposure as we can diversify and deploy our resources elsewhere. Unlike the previous case, where the trader had a near perfect balance curve and was a little short of 100% successful trades, today's trader is a slightly different case. Although fortunes can be made very quickly in financial markets, they also can be lost at the same pace. The key components of the described strategy are Ichimoku Kinko Hyo (Ichimoku Cloud), Relative […] Weekly open trading strategy A lot of traders spend their weekends doing market analysis, and they often come up with different ideas and price predictions for an upcoming trading week. There's an interview with FTMO CEO where he mentions 94%trader fail the challenge. Each platform focuses on All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. In the next part of our series on successful traders, we will look at two traders who have achieved exciting returns by trusting their strategy. Although he is a classic scalper […] Welcome to FXGears. com, a trading forum run by professional traders. It comes with a bar replay feature that will help you test strategies faster. We have already […] Many traders feel psychological stress at some stages of the Evaluation process and losing trades can be very disappointing. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. ” r/sharedcourses: Shared Courses: Empowering Collective Learning! Discover, share, and discuss high-quality online courses, tutorials, and study… Welcome to FXGears. The strategy focuses on the effective identification of the main trend, corrections and the precise timing of entries and exits. The numbers are just an approximation leaning towards conservative side. Thanks! Can you scale out to reduce drawdowns and improve accuracy? https://ibb. We need to have a plan. With FTMO you can practice all acquired knowledge in a risk-free environment in real market conditions with our Free Trial. Trading ranges and trends require almost diametrically different approaches. If we want to join this elite club of traders, we must know what to expect from our trading strategy. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. FTMO's 70/30. In this article, we will cover everything you need to […] Basic elements The foundation of any trading strategy begins with the generation of an idea, which could come from market analysis, news events, or a broader economic perspective. In the next part of the series on successful FTMO Traders, we will look at a trader who bet on the most liquid and popular investment instruments using an automated trading system. In this lesson, we’ll look at […] Nov 26, 2024 · Developing a strategy to build consistent results over time; Improving your trading strategy and FTMO Challenge EA with every trade; This course is designed to give you practical tools to pass the FTMO Challenge and Verification quickly, with confidence and precision. 32% and 4. I have a Myforexfunds live account and have recently failed phase 2 of another challenge. Before you can trade on a demo FTMO, we need to see how you can manage risk. . Dec 14, 2024 · MT5: The FTMO-Demo2 and FTMO-Server on the MT5 trading platform will have maintenance on Sunday, 15 Dec 2024, between 10:00 and 11:00. Trading using Fibonacci sequences and retracements is a popular technique that helps traders identify key price levels to enter and exit positions. Some would say they are useless, some can’t imagine trading without them. In the last section, dedicated to our FTMO Evaluation Process, we explain the basic rules you need to follow to pass an FTMO Challenge and a Verification. Our Academy can help you to develop your own strategies based on your risk tolerance and goals. Dec 16, 2024 · FTMO Academy: An educational platform offering lessons on strategy development, trading psychology, technical analysis, and forward testing to improve trader performance. Run the Backtest: The software will simulate trades based on your strategy over the selected historical period. From managing emotions during losses to maintaining discipline when things were going well, these traders emphasise the importance of sticking to a trading plan and managing risk effectively. For every success story there are at least 10 failures, because of that focusing on consistency and a long-lasting trading career would be much more beneficial for traders rather than hoping for one gamble to change their lives. For some traders, this may be an uncomfortable discovery, but our new FTMO Traders Ndecham, Charlie, France Anne and Parag are certainly already […] Welcome to FXGears. However, in rare cases, it can happen that an incorrectly chosen strategy is behind the losses. How did they navigate through the evaluation process? Trader Abdelwahab Omar: “The […] Welcome to FXGears. Forex is also known as forex trading, currency trading, foreign exchange market or FX. Depending on where you are you could also have a look at Darwinex and DarwinexZero as they are a great alternative to FTMO Welcome to FXGears. In our article today, we will look at the use of Fibonacci strategies for scaling in, as well as possible ways and when to effectively close a position in profit. Our FTMO Challenge is the first step of our Evaluation Process. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. g. A series of losing trades in Forex trading is not uncommon. However, there is no strategy that will make the same profit for all traders, as something different may suit everyone. Understanding the context and […] Guide to forex backtesting – gain confidence in trading strategy. 1 robots: I started demo trading the FTMO v5. If you are bullish or bearish on any given instrument, price rarely goes up or down in a straight line. e. co/4swy7mK 1st stage. does not provide any of the investment services listed in the Capital Market Undertakings Act No. The following are the results so far. What was easier than expected during the FTMO Challenge or Verification? Both the challenges were easier than expected. Long story short, with their assistance, I was able to pass the challenge and meet all the requirements. FTMO reserves the right to take necessary actions like removing conflicting positions, rebalancing the account, reducing leverage, or terminating the account if they identify intentional activities or strategies being Hello traders, in this lesson, we will look at supply and demand trading strategy and how we can benefit from it. The rules in place are really favorable and with the right strategy in place with proper risk management. Lot Lot is a measurement that we […] Aug 30, 2023 · When you look at the FTMO app the chart named “XAUUSD M5 v6. A trading plan. Three FTMO traders reveal the emotional and strategic challenges they faced during the FTMO Challenge. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. Today I noticed that my MT5 chart and my TV chart had very different values for the highs and lows. Ideas can be driven by fundamental factors (e. Overtrading is a problem for many traders who feel that the more trades they execute, […] All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Analyse Results: The software will generate a report showing the performance metrics of your strategy, including total profit/loss, win rate, drawdowns Forward testing, also known as paper trading or walk-forward testing, is a crucial step in validating a trading strategy under real market conditions without risking actual money. FTMO uses their own data and you will have to get details from the account and connect via the MetaTrader Apps. A place to discuss forex strategy, ideas, analysis, and concepts. , chart patterns, volume analysis), or a combination of both. This cannot be far from the truth. Equity Simulator: This tool allows traders to simulate potential equity curve outcomes, offering a better understanding of drawdowns and the randomness in trading strategies. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. This allows traders to gain experience without risking real money. FTMO & MFF Funded certificates Doing new ones this year follow my journey! Welcome to FXGears. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs In the ever-evolving realm of finance and investing, the rise of the internet has sparked a wave of modern trading concepts and strategies. In this lesson, we will look at one of the most popular trading strategies that are part of many trading systems used by traders worldwide. Start with a demo account to practice your strategy and fine-tune it before risking real money. However, more experienced traders, including our new FTMO Traders, know very well that patience and mental well-being are among the most important weapons of those who are successful in the long-term. Trading breakouts and fakeouts Breakout trading is a popular trading strategy followed by many traders and trading algorithms. /FTMO Evaluation US s. Among these innovative approaches, Smart Money Concepts (SMC) has emerged as a compelling force. Supply and demand trading The supply and demand trading strategy is a type of price action trading strategy similar to horizontal support and resistance. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. At FTMO, we strive to provide the best services and assistance to our traders. Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. […] All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. There are two ways you can spot a breakout, the first one is by using price action, and the second is by using technical […] Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. It comes from supply and demand dynamics that we can […] I also recommend the basic paid pro plan with TradingView. Topstep can help you decide whether either proprietary trading platform is for you. Understanding market correlations can provide us with an edge in the markets in terms of seeking new opportunities. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Trader Raymond: “Show profitability in […] Hello traders, in this lesson, we will have a look at different types of trading environments. r. I wanted to share my recent experience with passing the FTMO challenge. ” We express our warm welcome to our new FTMO traders. Do you plan to take another FTMO Challenge to manage even bigger All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. But before we go […] In our new series of articles, we have a look at the strategies of our most successful FTMO Traders who have made interesting profits on FTMO Account or are able to deliver consistent results. My strategy involves using HHs and LLs. Although most traders think they are losing money in trading because of flaws in their trading strategy, the truth is that in most cases they are not using proper risk management. Overall for signals and strategy I use Oanda data as I trade that in parallel with my current strategy. Step 1 – FTMO Challenge. But is this concept, born in the digital age, really worth the attention of investors and traders? This […] It is often said that being well prepared for the trading day is a battle half won. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. In this lesson, we will cover how you can trade breakouts and fakeouts. cTrader : The cTrader trading platform will undergo maintenance on Sunday , 15 Dec 2024 , between 10 : 00 and 11 : 00 . 0 and must be installed on MetaTrader in the M30 chart. This lesson will cover everything we need to know about market correlations. Because of this, we have developed Trading Objectives. Like any trading strategy, scalping requires practice and refinement. 1 robots on a FREE 200K FTMO demo account on December 21st. Understanding the technical indicators is something every trader should master, regardless if he or she decides to use them or not. In the first category of the Academy, within the section on the Basics, you will find four chapters. If the trader wanted to trade seven or eight instruments manually, he would have a lot of trading opportunities at his disposal, but such an approach can be quite Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. As the famous author and trader Mark Douglas once said: “Great traders are not born, they are made. I average 3-4 wins a month based on 10-12 trades . Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. In the first part, we will look at a strategy from a scalper from Malaysia. 1 #1402217685” notice the v6. For now, note that the methodology of analysis and trade execution is just one part of the entire trading plan. I tried looking at FTMOs broker, and couldn't find one. Our first trader in today’s selection is a typical […] In the next part of the series on successful FTMO Traders, we will look at a trader who diversified his trades between gold and US indices and discovered quite early that overtrading would not help him to make long-term profits. I won't mention their name here. Nov 18, 2023 · The following is my strategy on how I plan to trade Petkos’ FTMO V5. 1 and must be installed on MetaTrader in the M5 chart. But I wanted to see how I can use this strategy to be successful at FTMO. We cannot jump to an empty chart, start trading right away and think we can profit. Michael, our main performance coach, graduated from Charles University with a master’s degree in Psychology. Dec 10, 2024 · This comparison of FTMO vs. o. Input Your Strategy: Enter your strategy’s rules into the backtesting software. This feedback is very valuable to new traders or those seeking some trading motivation. By carefully executing forward testing, traders can validate their strategies […] It goes without saying that risk management is the most important part of trading. the foreign exchange market, whose mid-range courses are considered as official world courses. Jan 27, 2024 · FTMO Academy is an educational segment associated with FTMO, a company known for offering proprietary trading solutions to up-and-coming forex traders. Practice and refine your strategy. There can be more than one trading strategy in your plan. 1, this is version 6. 09%, the profit factors are 3. Futures Trading 101 and FTMO has the FTMO Academy. Let me help you develop the tools, insights, and psychological strategies that you need to ensure you are well-positioned for moving forward towards your goals. 59 respectively. I’ve been thoroughly backtesting a swing strategy on two pairs with solid results (60+% win rate averaging 2R on each trade). zrzic njiv szoc iozv mboqbt mesfif qpdmzhox dkhg royjt goltnl