My FTMO journey: trials, trials and maybe more anytime

IlIlIlIlI · Jan 27, 2023

Day 5:

Today there were less pending orders executed, but the result is fine.

IlIlIlIlI · Jan 30, 2023

Day 6:
Encouraged by the low daily loss, I increased the lotsize of the trades, mainly by about 10%.
I also didn't always setup the pending orders as OCO pair, but decided to setup only one leg of it.

IlIlIlIlI · Feb 1, 2023

I discontinued to trade this trial account after a severe losing day:

.. to be continued with a new concept

IlIlIlIlI · Feb 2, 2023

Played a little bit with it .. very relaxed .. not covering all potential opportunities.
I am still looking for a practical way to use pending orders in a meaningful way on a live account.

View attachment 325401

IlIlIlIlI · Feb 3, 2023

Day 9:

IlIlIlIlI · Feb 6, 2023

How FTMO commented the last trial when the trial account was closed:
"Your trading results in the Free Trial are definitely above average. Disciplined traders are always welcome with us.
The Profit Target of the account was not reached this time, but you demonstrated solid risk management skills and good strategy.
In the FTMO Challenge, this result will grant you a new opportunity for free."

IlIlIlIlI · Feb 6, 2023

I started a new trial to calibrate the position sizes and to continue how to work with pending orders.
The trade size was increased again with the intention to come closer to the trading objectives without risking to violate the max. loss rules.

Here is day 1:

IlIlIlIlI · Feb 9, 2023

I crashed the account by overtrading and inaccurate calculations.
Next chance for a new trial comes after 7 working days.

QQE · Feb 16, 2023

Hi Dear

Why do not looking for where ilimited time for to make trading (best without objetives too) ?

I feel pain reading your letters. Thosee conditions are almost impossible in manual long term trading.

I wish you all my best thought

IlIlIlIlI · Feb 17, 2023

The nice end ... is useless for a trial or a challenge:

Last trades:

bha1 · Feb 23, 2023

I hit the profit target in two days of trading on the $50k account now I’ve got to grips with what they want and how they permit losses I changed lot sizes and shortened take profit limits almost scalping the market with lot size of 20 on indices holding trades between 10 mins and an hr. If I’m correct the trial you purchase is what you end up with trading live if you pass?

IlIlIlIlI · Feb 23, 2023

bha1 said:
I hit the profit target in two days of trading on the $50k account now I’ve got to grips with what they want and how they permit losses I changed lot sizes and shortened take profit limits almost scalping the market with lot size of 20 on indices holding trades between 10 mins and an hr. If I’m correct the trial you purchase is what you end up with trading live if you pass?

Nice trading idea, I also thought about scalping lot sizes.

The trial is free of charge, but you can only have one simultaneously.
The result of the trial does not count for any live account.

To go live you need to purchase a challenge.

bha1 · Feb 23, 2023

IlIlIlIlI said:
Nice trading idea, I also thought about scalping lot sizes.

The trial is free of charge, but you can only have one simultaneously.
The result of the trial does not count for any live account.

To go live you need to purchase a challenge.

I get that just trying to clarify if you purchase the say $50k account trial and you pass you trade a 50k account live?

IlIlIlIlI · Feb 23, 2023

bha1 said:
I get that just trying to clarify if you purchase the say $50k account trial and you pass you trade a 50k account live?

The trial is just for testing how your trading could be evaluated.
There is no other value.

To get a live account, you have to buy a challenge (account) and survive the first two rounds without violating any rules.
This is described in the evaluation process of the FAQ below.
You never get a live account at FTMO, you will be always trading a demo account and FTMO (and others) decide whether they copy (some or all of your) trades or not.
You will be paid in line of you trading on the live demo account and the fees will be refunded if you are eligible for your first payment.

How do I withdraw my profits?

Frequently Asked Questions Search New with FTMO How to start? Is FTMO a trustworthy company? What is FTMO? Where is your office? How do I contact you? Who can join FTMO? Why should I join FTMO? Evaluation Process How do I become an FTMO Trader? How long does it take to become an FTMO Trader? […]

ftmo.com

Frequently Asked Question

Do you have any questions about our Challenge or Verification process? You are going to find all the answers here!

ftmo.com

bha1 · Feb 23, 2023

Ok thanks

IlIlIlIlI said:
The trial is just for testing how your trading could be evaluated.
There is no other value.

To get a live account, you have to buy a challenge (account) and survive the first two rounds without violating any rules.
This is described in the evaluation process of the FAQ below.
You never get a live account at FTMO, you will be always trading a demo account and FTMO (and others) decide whether they copy (some or all of your) trades or not.
You will be paid in line of you trading on the live demo account and the fees will be refunded if you are eligible for your first payment.

How do I withdraw my profits?

Frequently Asked Questions Search New with FTMO How to start? Is FTMO a trustworthy company? What is FTMO? Where is your office? How do I contact you? Who can join FTMO? Why should I join FTMO? Evaluation Process How do I become an FTMO Trader? How long does it take to become an FTMO Trader? […]

ftmo.com

Frequently Asked Question

Do you have any questions about our Challenge or Verification process? You are going to find all the answers here!

ftmo.com

i didn’t mean the trial I meant the challenge anyhow alll sorted now