My FTMO journey: trials, trials and maybe more anytime

IlIlIlIlI

Experienced member
Day 3:
One session, planned for 10-15 minutes with a profit target of $100.
Failed.

So I extended the session with a profit target of $ 400 and closing all positions latest some minutes after the order books open for the U.S. session (1 hour before markets are opening).
Worked.

1654705990935.png


1654706008151.png


1654706025442.png


1654706045276.png
 

IlIlIlIlI

Experienced member
Day 4:

One session, profit target of $400.
Additional idea: if the first position is closed on the profit target, close the others manually.

1654819173999.png


1654819197642.png


1654819216973.png


1654819251734.png
 

IlIlIlIlI

Experienced member
Day 5:

One session, profit target of $400.
additional condition today: Close all open positions when profit target is reached.

US100 position was reentered when the first one was closed on its trailing stop.

1654946085655.png


1654946132019.png


1654946207656.png


1654946231882.png
 

IlIlIlIlI

Experienced member
Next round :)

This time I try to make less trades with higher volume.
That makes it easier to control the daily loss limit, mostly my knockout in these trials.

I also wonder why I often made the objectives of the trial but mostly couldn't hold them for 10 days.

1655761032635.png


1655761054415.png


1655761075980.png


1655761092740.png
 

IlIlIlIlI

Experienced member
Lost it today in the morning, this time violating the max loss limit of FTMO today, but not the overall DD of MFF for the 100k account, after two bad days.
Reason: bad timing, with some trades the sl limits too narrow for the market moves (and trade size too high).

1656019962463.png


No the challenge is to make 8k as MFF expects in the first evaluation round.
With MFF, I would still be in the game.


Trade list is for the last 3 days.


1656019764663.png


1656019815467.png


1656019837194.png


1656019868204.png

1656019896341.png
 
Last edited:

IlIlIlIlI

Experienced member
Day 5: 4 trades where two were closed on the trailing stop, one on its take profit.
The third trade was closed manually to avoid any risk of violating the daily loss limit by its trade size.

1656107151784.png


1656107174956.png


1656107202518.png


1656107235661.png
 

IlIlIlIlI

Experienced member
Adding last yesterday's trades, I didn't trade today until now.

The FTMO profit target for the trial is hit, for the challenge it is 10k at FTMO and 8k at MFF in one month.
Unfortunately MFF does not offer a demo, so the behaviour of their broker must be guessed.

1656500508229.png


1656500528238.png


1656500592333.png


1656500646542.png
 

IlIlIlIlI

Experienced member
Day 8: I'm very pleased with the result.
The last WS30 trade was closed after 130 seconds and as I decided to end the trading session and sold the GER40 position.
Now I'm close to the profit target of MFF (8k).
1656544757752.png


1656544778802.png


1656544798607.png


1656544820869.png
 

IlIlIlIlI

Experienced member
Failed the daily loss limit on Thursday (Day 9) with unattended trades and ignoring that there was a closed loss traded taken into account on that day.
The account was closed with more than 50% of the required MFF profit.
But it was useless.

1656945085490.png


Next training round will follow.
 

IlIlIlIlI

Experienced member
Day 3, 2 trades. Timing was not good.

1657139234880.png


1657139256749.png


1657139309302.png


1657139327017.png
 

IlIlIlIlI

Experienced member
Day 9, 5 trades. Bad day, but no violations.
Day 10, 4 trades. I hit the profit target for the MFF evaluation within 10 trading days at the end of this trial.

1657903191785.png


1657903214310.png


1657903243981.png


1657903290438.png
 
 
Top
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock    No Thanks