My FTMO journey: trials, trials and maybe more anytime
IlIlIlIlI
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I started a new free trial on Monday.
Day 1 - Monday - short trading: could get rid of the DD from hitting the SL of two losing trades.
Day 2 - Tuesday - long trades: overtrading by averaging down
Day 3 - Wednesday - switching from short to long trades
Day 4 - today - long trades: avaraging down and closing the second trade set when the first one was in the profit zone. Session was closed to leave the building at 7 p.m. GMT.
The complete trade list since Monday is shown below including the losing trades.
There is a new metric shown in this round called consistency score related to daily trading results (based on the daily average sum of losing and profitable days) if I got it right.
Day 1 - Monday - short trading: could get rid of the DD from hitting the SL of two losing trades.
Day 2 - Tuesday - long trades: overtrading by averaging down
Day 3 - Wednesday - switching from short to long trades
Day 4 - today - long trades: avaraging down and closing the second trade set when the first one was in the profit zone. Session was closed to leave the building at 7 p.m. GMT.
The complete trade list since Monday is shown below including the losing trades.
There is a new metric shown in this round called consistency score related to daily trading results (based on the daily average sum of losing and profitable days) if I got it right.
Last edited:
IlIlIlIlI
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Day 6: After two losing trades I developed the ambition to take the profit target today by overtrading.
It worked - by increasing the max. daily loss and using tons of trades.
As I had a holiday today, I had time to watch the trades.
After reaching the target for sure the session was closed immediately.
You can also call it hazardous trading. 😉
It worked - by increasing the max. daily loss and using tons of trades.
As I had a holiday today, I had time to watch the trades.
After reaching the target for sure the session was closed immediately.
You can also call it hazardous trading. 😉
IlIlIlIlI
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As I didn't post yesterday, these are the results of the last 2 days of this trial.
Day 9: Just spent 40 minutes in front of the screen and closed all before I left.
Trades are included in the trade list.
Day 10: Stopped trading this trial at a few minutes after 4 p.m. GMT.
After 3 trades lost on the sl the profit target was lost.
Then I started overtrading the accout to get back to profit and keep the target.
The daily max loss was exceeded because of the bad start.
Day 9: Just spent 40 minutes in front of the screen and closed all before I left.
Trades are included in the trade list.
Day 10: Stopped trading this trial at a few minutes after 4 p.m. GMT.
After 3 trades lost on the sl the profit target was lost.
Then I started overtrading the accout to get back to profit and keep the target.
The daily max loss was exceeded because of the bad start.
IlIlIlIlI
Senior member
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Day 4: small trades without any hustle and bustle.
As I did not attend the European market opening, I preferred to expect everything and to stay cautious while trading on (small) reversals.
The incredible low max. daily loss and max. loss stayed unchanged.
I can be happy with today's result.
As I did not attend the European market opening, I preferred to expect everything and to stay cautious while trading on (small) reversals.
The incredible low max. daily loss and max. loss stayed unchanged.
I can be happy with today's result.
IlIlIlIlI
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Day 10: last day of this trial.
Trading was more normal today than the two days before.
FTMO didn't accept trades of the last session for more than 3 minutes (server busy) when buying the positions and the exit also took several seconds.
But I'm pleased with the result.
Taking the last trial and this one togetheer I would have passed a challenge. So I will take the next free trial(s) as simulation of the evaluation round where you have 60 days to make 5k profit with a 100k account as long as you stay in line with the rules.
Trading was more normal today than the two days before.
FTMO didn't accept trades of the last session for more than 3 minutes (server busy) when buying the positions and the exit also took several seconds.
But I'm pleased with the result.
Taking the last trial and this one togetheer I would have passed a challenge. So I will take the next free trial(s) as simulation of the evaluation round where you have 60 days to make 5k profit with a 100k account as long as you stay in line with the rules.
