Miscellaneous

How much should I risk on FTMO?

How much should I risk on FTMO?

“Never risk more than 1\%” – that’s the advice one of our new FTMO Traders shares. Take a few moments and enjoy the article which is filled with inspiration from traders who successfully passed the FTMO Evaluation Process and are now trading for our proprietary trading firm.

Does FTMO give you a second chance?

There is, however, one exception. If you manage NOT to breach any of the Trading Objectives (regardless of whether that is the FTMO Challenge or Verification) and your account ending in profit at the end of the trading duration, with all positions closed, we will give you a new FTMO Challenge free of charge.

How long does it take to pass FTMO?

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The minimum time to complete the FTMO Challenge is 10 trading days. Following are the Trading Objectives. The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days.

What happens after I pass FTMO?

After you have passed all the Trading Objectives in the FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you don’t need to trade the account any more once your Trading Objectives are marked as passed.

What happens if you lose money in FTMO?

The good news is that you cannot lose more than this fee as any potential losses on the FTMO Account are covered by us. On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the FTMO Account.

What if I lose FTMO money?

How long does it take to get verified on FTMO?

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We will be automatically alerted that you have passed your FTMO Challenge and we will proceed to evaluate your trading results accordingly. After approximately 1-2 business days, we will then send you the new account login credentials for the Verification stage.

Can I quit FTMO?

In the FTMO Challenge or Verification, you don’t need to. However, once you become an FTMO Trader and managing the FTMO Account or FTMO Account Aggressive, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours.

How long is verification for FTMO?

Following are the Trading Objectives. The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days.

What happens after I have passed the ftmo challenge?

After you have passed all the Trading Objectives in the FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you don’t need to trade the account any more once your Trading Objectives are marked as passed.

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Should I take the ftmo free trial?

My advice. Take the free trial twice. Make sure your trades SLs do not exceed more than 50\% of the daily allowable DD at any given time. Take your time. You don’t need to hit the profit target in 2 days. FTMO is looking for steady traders, not reckless traders.

Can you hold positions overnight on ftmo?

Problem is I think FTMO does not allow holding positions overnight so you gotta be a scalper or intraday swing trader. But with the brokers being so bad with spread and they slip you even on demo good luck with that lol. Not sure if these brokers are rigged for FTMO so that more will fail the challenge or what. I dont know lol.

What is $200k ftmo evaluation course?

FTMO developed a 2-step Evaluation Course to find trading talents. Manage a $200k FTMO Account connected to the FTMO Prop Trading Firm. How does it work?