My FTMO journey: trials, trials and maybe more anytime

IlIlIlIlI

Established member
As in the majority of my attempts: I'm done again.
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BigDeal

Active member
What is your goal with FTMO? Do you think you can make money long term.? I realise some people do because that is how they can continue and it would almost certainly shut down if no-one ever did.

Do you think it makes people better traders because they have a rulebook, or do you think their restrictions are really there to catch people out?

Genuine questions - no agenda (although I admit a certain scepticism for FTMO and similar outfits.)
 

IlIlIlIlI

Established member
What is your goal with FTMO? Do you think you can make money long term.? I realise some people do because that is how they can continue and it would almost certainly shut down if no-one ever did.
It is a better offer than trade copier sites where you have to trade a bigger real acount to catch some clients after months or years. The loss is limited at FTMO and the others.
I also think it is possible to make money this way, I do not think you can make money with them every month as if you fail you have to restart the complete qualifying procedure and payment.

Do you think it makes people better traders because they have a rulebook, or do you think their restrictions are really there to catch people out?
It's both.
If you take the trial (unfortunately most of the other similar outfits might promise it, but never offered a trial) you can find out easily why you fail the rules, and you can try and test an improvement on timing, sizing, tp and sl.
 

hazelj80

Member
What is your goal with FTMO? Do you think you can make money long term.? I realise some people do because that is how they can continue and it would almost certainly shut down if no-one ever did.

Do you think it makes people better traders because they have a rulebook, or do you think their restrictions are really there to catch people out?

Genuine questions - no agenda (although I admit a certain scepticism for FTMO and similar outfits.)
I don't think its to catch people out but if you have an aggressive account and you lose more than 10% in one day i don't care if you're with FTMO or not you need to fix what you're doing because 10% loss in a single day is A LOT

That and they refund your trial fee on payout.

also people should be doing the free trials before handing over money. FTMO offers them. use them. if you cant pass a 15 day trial ( 5 day minimum) i almost guarantee you won't pass a 30 day (20 day minimum) in the real trial
 

ffsear

Senior member
I'd almost given up, but battled my way out of a big drawdown... Thats another pitfall on FTMO, massive over confidence once you get an account. I bet a lot of people blow up quickly (as i almost did)

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IlIlIlIlI

Established member
Started a new trial round today:
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IlIlIlIlI

Established member
Day 6: great move this morning in my favour - all objectives passed.
I closed all positions immediately when I saw $1,200 profit on all open positions.
The challenge is now to continue the success for the four trading days left.
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